Friday, September 2, 2022

Priority..

 


President Biden acknowledged that inflation, documented in a new report showing prices soaring by 9.1 percent in June compared to a year ago, is “unacceptably high” — but he argued that the numbers are dated and don’t fully reflect more recent decreases in gas prices in July. 

Despite his pushback, Biden said in a statement that the issue of inflation — a clear liability for Democrats heading into the congressional midterms — is his top priority.

In reality, the top priority is the coming November election. Hold on to the power.  Just a "Top Priority" thought.

Thursday, September 1, 2022

Influx..

 

Mr. Adams said the influx was partly caused by migrant families “arriving on buses sent by the Texas and Arizona governments.”

The mayor’s comments created his latest political entanglement, this time against a national backdrop: His assertion began a back-and-forth with the governors of those states — much as a similar accusation from the Washington, D.C., mayor, Muriel Bowser, had drawn headlines a few days earlier.

But advocates for the homeless said that Mr. Adams’s strategy of blaming the entire spike in shelter population on migrants is a distortion that distracts from the city’s homeless crisis, leaving vulnerable families caught in the middle.

Buddy..

 

Withdrawal..

 

I watched the fall of Kabul on the CBS Evening News as I did the fall of Saigon in 1975. President Joe Biden, who must have watched it back then too, certainly remembers the American-Vietnam War (1965–1975). But he still botched our withdrawal from Kabul. Just as President Lyndon B. Johnson remembered the French-Vietnam War (1946–1954) that ended in the French defeat at the battle of Dien Bien Phu, reportedly saying: “I don’t want any damn Dien Bien Phu.” But he still led us into a conflict that ended with our withdrawal in 1973, and the fall of Saigon in 1975. 

So we Americans, unlike what some of our detractors might think, know and remember history well, yet we repeat it.

Why? Why does a superpower with huge human, technological, and financial resources – the Vietnam War cost $1 trillion in today’s dollars, the Afghanistan War, $2 trillion – repeat the same mistakes?

Our post-World War II military interventions, disinterest in nation-building, and chaotic withdrawals, are responsible for the suffering of millions.

Sherry Buchanan
Opinion contributor-USA Today.

Torned



The Paris Agreement is a legally binding international treaty on climate change. It was adopted by 196 Parties at COP 21 in Paris, on 12 December 2015 and entered into force on 4 November 2016.  Its goal is to limit global warming to well below 2, preferably to 1.5 degrees Celsius, compared to pre-industrial levels.

President Biden Cancelled Keystone XL pipeline followed by Nord Stream 2 pipe line. As a result of it, and the Sanctions imposed on Russia, maintenance of Nord Stream 1 became huge problem. Natural Gas prices jumped five folds. Oil Prices quadrupled.

President Biden, to prepare for the coming election, skipped Climate change, released 180 Millions barrel of oil from central reserve after releasing of 50 million Barrells earlier. The President appears torned apart between his "no more drilling Keddo" to we are loosing the power this November. What to do, what to do? Just a "Delema."

R.I.P..

 


It seems that we find the good deed when the person is no longer with us.  Just a thought.

Overreach..

 

Wednesday, August 31, 2022

Tankers....

 


Six months into Russia’s war on Ukraine, Russia's oil output has continued to exceed expectations. According to data from the Institute of International Finance (IIF), Russian oil shipments hit their highest ever August level this month, with Greek-owned tankers playing the biggest role in helping Russia's oil get to international markets. 

IIF chief economist Robin Brooks has tweeted that the capacity of oil tankers departing Russian ports--a proxy for exports--came in at just under 160 million barrels in August, more than in any August in any prior year.

 The sanctions against Russia have a great sound byte, but that is just it. A matter of fact it hurts Western Europe and USA much more.

Inflation Day..

 


Tuesday, August 30, 2022

Mikhail..



Mikhail Gorbachev, the final leader of the Soviet Union and a reformer who helped end the Cold War and lead his country from communism to capitalism, died Tuesday at 91, according to the Gorbachev Foundation.

“Mikhail Sergeevich Gorbachev died this evening after a serious and long illness,” the Central Clinical Hospital reported, according to Interfax.

Born in the village of Privolnoye, Gorbachev grew up a committed communist during World War II. He wound up winning a Nobel Peace prize in 1990 for helping end the Cold War.

When pro-democracy rallies began in Poland and swept across the Soviet bloc in 1989, Gorbachev did not send in Soviet tanks to crush the uprisings.

But within two years, the Soviet Union began to disintegrate as the captive Baltic nations of Lithuania, Latvia and Estonia peeled away and other nations that had long been under Moscow’s yoke sought independence.