Thursday, October 27, 2022

Swinging..

 


The rule, first invoked by Trump in 2020, uses emergency public health authority to allow the United States to keep migrants from seeking asylum at the border, based on the need to help prevent the spread of COVID-19

Two years ago, candidate Joe Biden loudly denounced President Donald Trump for immigration policies that inflicted “cruelty and exclusion at every turn,” including toward those fleeing the “brutal” government of socialist Nicolas Maduro in Venezuela.

Now, with increasing numbers of Venezuelans arriving at the U.S.-Mexico border as the Nov. 8 election nears, Biden has turned to an unlikely source for a solution: his predecessor’s playbook.

The Democrat-led city of El Paso, Texas, is ending a months-long effort to bus migrants to northern cities after a new policy put in place by the Biden administration is forcing Venezuelan migrants back to Mexico and easing pressure on the border city. Just a "changing game" thought.

Wednesday, October 26, 2022

Biden..

 

In the Last two years, President Biden's time in the office, the US economy is facing the unimaginable trouble of the 1970 without any outside threat. 

Many are trying to find a reason for it, or better blame someone or something.

The Country is getting its money's worth from this administration. You single handedly did it.

 Just a thought.

Nord..

 

Nord Stream 2 was shut down by President Biden. Key Stone Pipeline XL was cancelled by President Biden. Sanctions were placed on Russia by the G7 in order to place the Russian economy in trouble. Now the trouble is occurring in UK, Italy, Germany, US with recession expected in world economies.

Sanctions..

 

Trade restrictions on the poor countries if they didn't do what the US wants them to do. It impacts poor people, sick patients, Childrens and elderly. The UN reports.

Factors..

 

Our NIESR policy paper considers several channels expected to affect the global economy.  Trade restriction as the result of sanctions imposed on Russia.

Higher energy prices, 

Higher European public expenditure on refugees and defence.

Higher uncertainty and investment risks globally.

Higher exchange rate risk in Russia. 

The analysis was done in the very early stages of the conflict, which means the results are derived from the limited sanctions announced in the first few days of the war. 

Moreover, in the simulation there was a positive impact to Russian GDP from the increase in energy prices. There is significant risk of more material losses if energy and gas trade is restricted and other financial sanctions bite.

So the trouble in  UK could be created by the G7 response to the War of Ukraine. 

Just a thought.

Monday, October 24, 2022

Blank Check..

 



This all started when House Minority Leader Kevin McCarthy in an interview with Punchbowl News. Said  “I think people are gonna be sitting in a recession and they’re not going to write a blank check to Ukraine,” McCarthy said.

It’s true that many Republicans full-throatedly support the Ukrainian cause. A large majority of Republicans have so far voted for tens of billions of dollars in Ukraine aid. But 57 House Republicans voted against it. And a Democrat points out that a number of House GOP candidates  opposed more funding, too.      

The question here is; who are we helping with extending the war in Ukraine? 

Fueling the Ukraine war resulted in millions who fled the country,  destruction of a country of Ukraine, daily misery for those who stayed and  people in many other countries due to sanctions, higher prices, and economic unavailability of food.

Or we just giving free money to the defense industries? Just a "Blank Check" thought.