Tag: economics

Goldman Sachs: Biden’s Energy Law Will Cost Roughly 3x More Than Forecast

Print more money, sell more Treasury bonds to the banks, and then raise interest rates more. Wash, rinse, repeat. However, according to The Wall Street Journal, The Congressional Budget Office forecasts the law’s energy and climate provisions would cost $391 billion between 2022 and 2031.  Additionally, The Journal also reports the IRA’s tax credits will… Read More Goldman Sachs: Biden’s Energy Law Will Cost Roughly 3x More Than Forecast

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Many “Climate Tech” Start Ups Had Accounts With Failed SVB

Consequently, a lot of the companies centered on climate change and biotech that did business with Silicon Valley Bank will have to search for financial supporters willing to accept the risk. The collapse of Silicon Valley Bank has created new challenges not just for the nation’s banking system, but also for the Biden administration’s climate… Read More Many “Climate Tech” Start Ups Had Accounts With Failed SVB

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New World Bank Chief A Victory For Climate Cultists, China

During the middle of February, Trump-appointed World Bank head David Malpass announced his resignation. Shortly after Malpass stepped down, Biden quickly announced Malpass’s replacement. As a result of Malpass resigning, a column in today’s Washington Examiner reveals the primary beneficiaries will be environmentalists and China. With him gone, environmentalist and Chinese influence will be set… Read More New World Bank Chief A Victory For Climate Cultists, China

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Mayor Pete Debunked: NTSB Chair Refutes Blaming Trump For East Palestine Derailment

Even though he has been out of the Oval Office for 3 years, the Biden administration never misses an opportunity to blame President Trump for their incompetence and ineptitude for their handling of crises, like the East Palestine disaster. Thankfully, when Mayor Pete did so recently when trying to deflect blame claiming Trump’s deregulation was… Read More Mayor Pete Debunked: NTSB Chair Refutes Blaming Trump For East Palestine Derailment

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Too Little Too Late: Mayor Pete Finally Visits East Palestine, Ohio

21 days later, Bident Transportation Secretary, Pete Buttigieg, finally visited East Palestine, Ohio today. Though Mayor Pete admits he should have said something sooner about the catastrophe, but, as NewsNation reports, the damage done as revealed by resident distrust. Not surprisingly, Mayor Pete still attempts to deflect and give excuses for his negligence, if not… Read More Too Little Too Late: Mayor Pete Finally Visits East Palestine, Ohio

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Biden Energy Dept. Reveals Economic Hit After Cancelling Keystone XL Pipeline

Thanks to the efforts of two Republican Senators, late last month the Energy Department issued a report about the economic impact of the cancellation of the Keystone XL pipeline. Not surprisingly, the U.S. Energy Department’s report disclosed the massive loss of jobs and revenue because of Biden’s nixing the project. The Biden administration published a… Read More Biden Energy Dept. Reveals Economic Hit After Cancelling Keystone XL Pipeline

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Vanguard Group Bolts From “Net-Zero” Group In Major Blow To ESG’s

Some very good news from Wall Street. One of the ESG movement’s biggest backers, Vanguard Group, is backing away from their efforts. Vanguard Group Inc. is walking out of the world’s largest climate-finance alliance, marking the coalition’s biggest defection to date as US Republicans step up their threats against firms deemed hostile toward the fossil-fuel… Read More Vanguard Group Bolts From “Net-Zero” Group In Major Blow To ESG’s

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