Sunday, November 21, 2021

Fight...

 

Republicans fighting President Joe          
Biden’s coronavirus vaccine mandates are wielding a new weapon against the White House rules: natural immunity.

They contend that people who have recovered from the virus have enough immunity and antibodies to not need COVID-19 vaccines, and the concept has been invoked by Republicans as a sort of stand-in for vaccines.

Florida wrote natural immunity into state law this week as GOP lawmakers elsewhere are pushing similar measures to sidestep vaccine mandates. Lawsuits over the mandates have also begun leaning on the idea. Conservative federal lawmakers have implored regulators to consider it when formulating mandates.

Scientists acknowledge that people previously infected with COVID-19 have some level of immunity. Natural immunity is also far from a one-size-fits-all scenario, making it complicated to enact sweeping exemptions to vaccines.

The Centers for Disease Control and Prevention reported in August that COVID-19 survivors who ignored advice to get vaccinated were more than twice as likely to get infected again. A more recent study from the CDC, looking at data from nearly 190 hospitals in nine states, determined that unvaccinated people who had been infected months earlier were five times more likely to get COVID-19 than fully vaccinated people who didn’t have a prior infection.

The question is the rate of severe infection and or hospitalization?  

Just a thought.

Saturday, November 20, 2021

Crashed...

 


Trump's interventionist approach continued in April 2020 when oil prices crashed below zero for the first time ever. 

Realizing that dirt-cheap oil prices threatened jobs in key Republican states, Trump did an incredible shocking 180 and successfully urged OPEC slash oil production.


"It was one of the most stunning epiphanies in modern energy diplomacy," said McNally, who previously served as an energy official under former President George W. Bush. "The arch foe of OPEC became the master of a deal in which they cut production. That's man- bites-dog stuff."
The situation in the energy market couldn't be any more different today. After collapsing during the onset of Covid, energy demand is rising sharply as Americans hit the skies and the roads.
Yet supply can't keep up. OPEC+ continues to hold back the production it sidelined last year. OPEC pumped 25.5 million barrels per day in May, down sharply from the 2019 average of 29.3 million.
Powered by the shale revolution, domestic oil production hit a record 13.1 million barrels per day in March 2020. 
Biden should ease the restriction on energy production to overcome the disaster to come.  Just a thought.

Who...

 


Two of the men found guilty of the assassination of Malcolm X are expected to have their convictions thrown out on Thursday, the Manhattan district attorney and lawyers for the two men said, rewriting the official history of one of the most notorious murders of the civil rights era.

For decades, historians have cast doubt on the case against the two men, Muhammad A. Aziz and Khalil Islam, who each spent more than 20 years in prison. Their exoneration represents a remarkable acknowledgment of grave errors made in a case of towering importance: the 1965 murder of one of America’s most influential Black leaders.

A 22-month investigation conducted jointly by the Manhattan district attorney’s office and lawyers for the two men found that prosecutors and two of the nation’s premier law enforcement agencies — the Federal Bureau of Investigation and the New York Police Department — had withheld key evidence that, had it been turned over, would likely have led to the men’s acquittal.
And people can go to sleep at night knowing that people wrongfully accused and convicted? Just an "exonerated" thought.

Pullout...

 



Shocked...

 


CNN published a lengthy piece admitting the anti-Trump Steele Dossier has been discredited after the liberal network spent years promoting it at every turn.
The dossier was used as the roadmap for CNN and other liberal outlets to paint former President Donald Trump as compromised by Russia. CNN’s piece, "The Steele dossier: A reckoning," by reporter Marshall Cohen, detailed why "the credibility of the dossier has significantly diminished."
"A series of investigations and lawsuits have discredited many of its central allegations and exposed the unreliability of Steele's sources. They also raise serious questions about the political underpinnings of some key explosive claims about Trump by shedding new light on the involvement of some well-connected Democrats in the dossier, and separate efforts to prod the FBI to investigate ties between Trump's campaign and Russia."
Broad band deliberate deception. As we call, The most trusted...  Just a thought.

Stampede...

 



President Joe Biden may suffer the same fate of a ruined presidency that befell Carter. Biden has been touting wage gains for workers of 4%. During normal times, that would be a very solid number. Except, over the past year, inflation has been running at 6.2%, which means that the public’s purchasing power is relentlessly shrinking even with 4% wage increases.

Biden policies have detonated this inflation bomb. Biden signed a $1.9 trillion stimulus spending plan, which was completely unnecessary because we already had nearly $1 trillion of unspent COVID-19 relief funds in the pipeline. 

Then Biden declared war on American oil, gas and coal. As a result, domestic oil production has fallen by roughly 2 million barrels a day from when Donald Trump was president. So, at $83 a barrel, this means we are losing about $165 million per day from the pockets of hard working Americans.

Biden has canceled the Keystone XL pipeline and now wants to shut down a major Midwestern pipeline that is already operative.   Biden reversed a Trump administration directive to allow drilling in oil-rich Alaska a few weeks ago.

 The most urgent step to stop the stampede of higher prices is to kill his $3.5 trillion social welfare spending bill, which will worsen inflation. Yet the Godzilla bill “will cost nothing it’s free.”

Biden’s false claims, he continues to assure the public that he won’t raise taxes on those who make less than $400,000. But, Mr. President, inflation is a tax. You’re paying this Biden tax every time you fill up your gas tank or buy food.

Jimmy...

 




Mirror...

 


The economy under Jimmy Carter experienced inflation and unemployment that were both in the double digits as the result of an oil price shock that began when Iranian oil workers went on strike.

When Jimmy Carter took office in 1977, the US economy was still recovering from the severe 1973-75 recession. However, it was doing so at a fast pace. The period of 1977-78 saw the creation of a million net new jobs and real median household income growth by 5%.

The 1970s were bookended by oil shocks that brought soaring prices for gasoline. Meat prices also spiked. On the popular sitcom All In The Family, Archie Bunker was reduced to eating meatless spaghetti.

Ultimately, it took a crackdown by cigar-chomping Fed chairman Paul Volcker to break the cycle of rising prices and wages. Volcker slammed the brakes on the economy by raising interest rates to 20% , tough medicine to prove he was serious about getting inflation under control.

"At some point this dam is going to break and the psychology is going to change," Volcker told.
Is that coming again with this Democratic President?   Just a thought.

Friday, November 19, 2021

Winners and...

 


Ask...

 



The chief executive of U.S. oil company Occidental Petroleum said that it would have been preferable if the Biden administration had asked shale producers closer to home to increase production and crude supplies, rather than the OPEC alliance that's led by Saudi Arabia.
Asked whether President Joe Biden and his team were getting it wrong by asking OPEC to pump more when there are shale oil producers at home, CEO Vicki Hollub said that "if I were gonna make a call, it wouldn't be long distance, it would be a local call."
"I think first you, you stay home, you ask your friends, and you ask your neighbors to do it. And then if we can't do it, you call some other countries," she said.
Hollub's comments come after a period of dramatic energy price rises in recent months that led to the White House calling on OPEC and its oil-producing allies, a group known as OPEC+, to boost production in an effort to combat climbing gasoline prices.
Oil and Gas prices doubled since Biden took office for obvious reasons. 
"Ask and you shall receive". Just a thought.