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The net-zero agenda would destroy America. The products that we use today revolves around fossil fuels. We have now surpassed housing affordability compared to 2008. The [CB] follows the same pattern, increase rates, cause the economy to tip over the edge, bring rates down, recession. The [DS] is now trying everything to cheat in the elections. The Biden admin rejected the Save Act, because they don't want to check to see who broke the law. Traitors are now forced out into the light. The 25th amendment will most likely be used on Biden either by him withdrawing or by force, the countdown has begun. Did Trump just signal that he is the real commander-in-chief?
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Economy
Americans can’t afford Biden net-zero agenda
Biden has issued executive orders targeting future domestic oil and natural gas supplies, which will make chemicals more expensive to produce and purchase. His agents at the Securities and Exchange Commission have proposed ESG reports to track carbon emissions from the farmer’s field to the family dinner table. And that’s just the start.
This misguided ideological climate agenda is designed to make fertilizers, tractors, trucks, heating and drying equipment, electricity, oil, gas, transportation, freezers, and food more expensive. The higher price tag for each stage of food production, from field to fork, is a feature, not a bug of the Biden economy. It is part and parcel of the Left’s concerted effort to make carbon energy more expensive and reduce consumption.
Europe’s electric companies foisted their higher energy costs on consumers, and residential and industrial power prices promptly rose 131% and 59%, respectively, between January 2021 and January 2022. Germany’s manufacturing and chemical industries were tagged with escalating cap-and-trade prices and taxes designed to curb emissions. They responded by spending hundreds of billions of dollars to leave Europe’s grid.
To better appreciate the costs American farms and households should soon expect, the Buckeye Institute modeled the anticipated expenses for the “social cost of carbon emissions” on a typical corn farm. Unsurprisingly, diesel fuel for trucks, tractors, and combines will be more expensive. The propane for powering grain dryers, heating barns, and commonly used nitrogen fertilizers will all cost more, too.
Once adopted, the Biden administration’s climate-control carbon pricing scheme will raise operating costs for farmers by at least $65,000 per year — a 34% spike.
But these price increases are not just the carnivore’s dilemma. Bananas will cost an extra 59%, strawberries will cost another 47%, and rice may soon cost everyone 56% more than it does today.
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Source: washingtonexaminer.com
https://twitter.com/KobeissiLetter/status/1810298337704255776
HALF of their annual income on mortgage payments. Even renting a home now costs over 30% of the median household income in the US. The last time housing affordability was this bad, interest rates were nearly 20%. Simply having a place to live is becoming a luxury.
Federal Reserve’s policy predicts when next recession will start
In an analysis shared by Global Markets Investor through an X post on July 7, the correlation between Federal Reserve rate hikes and the onset of recessions is highlighted as worth monitoring.
The platform noted that as the US approaches 12 months since the last Federal Reserve rate hike in July 2023,
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