ON INCIPIENT BIDENISM IN AMERICA TODAY

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ON INCIPIENT BIDENISM IN AMERICA TODAY

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THE CAPE CHARLES MIRROR MAY 2, 2021

Op-Ed: Thoughts on Incipient Bidenism in America Today


Op-Ed by Paul Plante

When I and Joe Biden both were young, assuming Joe Biden ever actually really was, young, I mean, which is not at all a given, Joe being who Joe is, a distinctly God-like being separate and apart from us mere mortals who may well have been born looking just the way he does today, white as a ghost from how pure he is in an otherworldly way, as if he came from elsewhere in the galaxy or universe and wasn’t really one of us, at all, a relevant subject we young Americans studied was known as “Stalinism,” which was the ideology and policies adopted by Stalin, based on centralization, totalitarianism, and the pursuit of communism.

Today, in our times, now that the JANUARY REVOLUTION is over and our Republic has been overthrown, and the Marxist Dictatorship of the Proletariat has been established in its place at the national level here in the United States of America with the ascension of the God-like Joe Biden into the oval office, God Help the nation, we are seeing the beginning of “Bidenism,” which like Stalinism before it, is based on based on centralization, totalitarianism, and the pursuit of communism through socialism, which takes us back in time to a speech by Nikita Khrushchev to 20th Congress of the C.P.S.U. on February 24-25, 1956, when Joe Biden and I were both alive and so, aware of what was going on in the world around us, or at least I was, not knowing about Joe, or being at all sure that he has ever been aware in his life of anything, where we had as follows concerning Joe Stalin and the CULT OF PERSONALITY surrounding Stalin, just as we are seeing the beginnings of a CULT OF PERSONALITY surrounding Joe Biden in our times today, to wit:

Comrades!

In the Party Central Committee’s report at the 20th Congress and in a number of speeches by delegates to the Congress, as also formerly during Plenary CC/CPSU [Central Committee of the Communist Party of the Soviet Union] sessions, quite a lot has been said about the cult of the individual and about its harmful consequences.

end quotes

The cult of the individual and its harmful consequences, people – we should all be giving that a lot of very serious thought after Joe Biden’s speech to the Democrats on 28 April 2021 where Joe jokingly said, “(T)he autocrats will not win the future,” when in fact with Joe Biden and Kamala Harris now in power, the autocrats have won and now own the present, which gives them total control over the future, which takes us back to Krushchev, as follows:

After Stalin’s death, the Central Committee began to implement a policy of explaining concisely and consistently that it is impermissible and foreign to the spirit of Marxism-Leninism to elevate one person, to transform him into a superman possessing supernatural characteristics, akin to those of a god.

Such a man supposedly knows everything, sees everything, thinks for everyone, can do anything, is infallible in his behavior.

end quotes

Ah, yes, people, and like Joe Stalin before him, we are seeing Joe Biden transformed into a superman possessing supernatural characteristics, akin to those of a god, and such a man as Joe Biden, who single-handedly saved the SOUL OF DEMOCRACY in America, really does know everything, sees everything, thinks for everyone, can do anything, and is infallible in his behavior, as he told the Democrats who love him on 28 April 2021 at the LOVE FEST they staged for him at the Capitol, where Joe told the Democrats as follows:

As we gather here tonight, the images of a violent mob assaulting this Capitol — desecrating our democracy — remain vivid in our minds.

Lives were put at risk.

Lives were lost.

Extraordinary courage was summoned.

The insurrection was an existential crisis — a test of whether our democracy could survive.

It did.

But the struggle is far from over.

The question of whether our democracy will long endure is both ancient and urgent.

As old as our Republic.

Still vital today.

end quotes

Very moving stuff, indeed, but there was no insurrection – that is horse****.

What there really was, as was said, was a Marxist Revolution and the Marxists won, and now we have Joe Biden as our leader, just as the Marxists had Joe Stalin for their supreme leader back when, which takes us back to Krushchev, as follows:

Such a belief about a man, and specifically about Stalin, was cultivated among us for many years.

end quote

And now just such a belief about Joe Biden is being cultivated among us today as we see from a Reuters article entitled “In first speech to Congress, Biden to push $4 trillion spending plans” by Nandita Bose, Jarrett Renshaw, and Trevor Hunnicutt on April 28, 2021, to wit:

WASHINGTON (Reuters) – President Joe Biden plans to unveil a sweeping $1.8 trillion package for families and education in his first speech to Congress on Wednesday and will argue that he has restored faith in democracy 100 days after he succeeded Donald Trump in office.

“We have to prove democracy still works, that our government still works, and can deliver for the people,” Biden will say.

“In our first 100 days together, we have acted to restore the people’s faith in our democracy to deliver.”

end quotes

Yes, people, to save democracy in America, it took a towering, God-like figure like Joe Biden, because no lesser person was up to the task, which takes us back to Krushchev on Stalin, to wit:

The objective of the present report is not a thorough evaluation of Stalin’s life and activity.

Concerning Stalin’s merits, an entirely sufficient number of books, pamphlets and studies had already been written in his lifetime.

The role of Stalin in the preparation and execution of the Socialist Revolution, in the Civil War, and in the fight for the construction of socialism in our country, is universally known.

Everyone knows it well.

At present, we are concerned with a question which has immense importance for the Party now and for the future – with how the cult of the person of Stalin has been gradually growing, the cult which became at a certain specific stage the source of a whole series of exceedingly serious and grave perversions of Party principles, of Party democracy, of revolutionary legality.

Because not all as yet realize fully the practical consequences resulting from the cult of the individual, [or] the great harm caused by violation of the principle of collective Party direction and by the accumulation of immense and limitless power in the hands of one person, the Central Committee considers it absolutely necessary to make material pertaining to this matter available to the 20th Congress of the Communist Party of the Soviet Union.

end quotes

By then, of course, it was already too late.

By then, all the harm that Stalin had done in the name of Stalinism was already done.

Will we in our own future be making the same kind of evaluations of the reign of the autocrat Joe Biden long after it is too late to repair the damage?

Or is there a chance we might wake up to the reality of Joe Biden as an existential threat to our American way of life before it is too late?

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Re: ON INCIPIENT BIDENISM IN AMERICA TODAY

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THE CAPE CHARLES MIRROR MAY 4, 2021 AT 5:34 PM

Paul Plante says:

And staying with this important question posed to myself as an older LOYAL AMERICAN citizen who is not now a Democrat and never was, and never will be as to why do I “write this stuff,” which could be translated in these times today where hardly anybody can comprehend actual words written in sentences to form paragraphs to transmit rational thought and ideas as why do I bother writing, at all, to understand why I do anything, it is important, especially in this time of Joe Biden saying to the nation, “(A)sk not what you can do for your country, ask instead what your country can do for you, and think big when doing so, for the more you ask for, the more you shall receive, from each according to his ability, to each according to his needs,” to establish some much-needed context by going back to 1961, a time when America could be said to have been truly great, if only for a moment until Democrat LBJ got in there and started lying to us and really ******* up the works with his massive ego coupled with his minute intellect and towering ignorance and started us on the downhill run that has resulted in a two-time loser named Joe Biden ascending the Stairway to Heaven into the white house as the SUPREME LEADER of perhaps 80 million indoctrinated and star-struck followers, and the Transcript of President John F. Kennedy’s Inaugural Address, where we Americans of that time, which is much different from these times that produced Joe Biden as president, had as follows to consider, to wit:

Vice President Johnson, Mr. Speaker, Mr. Chief Justice, President Eisenhower, Vice President Nixon, President Truman, Reverend Clergy, fellow citizens:

We observe today not a victory of party but a celebration of freedom –symbolizing an end as well as a beginning — signifying renewal as well as change.

For I have sworn before you and Almighty God the same solemn oath our forbears prescribed nearly a century and three-quarters ago.

end quotes

And on his first day in office, what did the AUTOCRAT Joe Biden do?

You are right when you say he scrapped all of that history as racist, which takes us back to JFK, as follows:

The world is very different now.

end quotes

And is it ever today – to the point of being absurd, a point to be further developed in here by the words of Joe Biden himself in his Address to the Democrats of America and the World on 28 April 2021 at the LOVE FEST they staged for him at the Capitol to celebrate Joe lasting 100 days in office when many in America and the world expected to see Nancy Pelosi invoking the 25th Amendment to get rid of Joe after just a couple of weeks in office, as follows:

Tonight, I come to talk about crisis — and opportunity.

About rebuilding our nation — and revitalizing our democracy.

And winning the future for America.

end quotes

Yes, people, Joe Biden is going to do all of that and lots more on top of that to win the future for America instead of Joe winning it for some other country, instead, which takes me back to the “Cult of Personality” speech by Nikita Khrushchev to 20th Congress of the C.P.S.U. on February 24-25, 1956, where we had as follows concerning Joe Stalin and the CULT OF PERSONALITY surrounding Stalin, just as we are seeing the beginnings of a CULT OF PERSONALITY surrounding Joe Biden in our times today, to wit:

Everyone can err, but Stalin considered that he never erred, that he was always right.

He never acknowledged to anyone that he made any mistake, large or small, despite the fact that he made more than a few in matters of theory and in his practical activity.

In this connection, Stalin very energetically popularized himself as a great leader.

end quotes

How much that reminds me of our very own Joe Biden, who more people in the world voted for than any other American president, which takes us back to 1961 and simpler times in America when we did not have somebody of questionable mental capacity sitting within reach of the nuclear launch button, to wit:

And yet the same revolutionary beliefs for which our forebears fought are still at issue around the globe — the belief that the rights of man come not from the generosity of the state but from the hand of God.

end quotes

Today, the president and vice president of the United States of America are denouncing those same forebears as racists and white supremacists and white nationalists and slave owners and oppressors of Black people to keep the Black man down, while putting forth the belief that the rights of man come from the generosity of the state, not from the hand of God, as follows:

To all the transgender Americans watching at home – especially the young people who are so brave – I want you to know that your president has your back.

end quote

HUH?

“Your” president?

Joe Biden is the president of the transgenders?

Then who is the president for the rest of us?

Or don’t we get one because we are not transgenders?

Getting back to JFK, we have:

We dare not forget today that we are the heirs of that first revolution.

end quotes

OMG, JFK, don’t be saying that kind of **** today or you yourself are going to be vilified as a racist because the first revolution was fought by racist white supremacist/white nationalist slave owners and they were very bad people indeed, so no more of that kind of racist cant, thank you very much.

Getting back to JFK, who was no Joe Biden, he continues as follows, to wit:

Let the word go forth from this time and place, to friend and foe alike, that the torch has been passed to a new generation of Americans — born in this century, tempered by war, disciplined by a hard and bitter peace, proud of our ancient heritage — and unwilling to witness or permit the slow undoing of those human rights to which this nation has always been committed, and to which we are committed today at home and around the world.

end quotes

Those are the people who raised me up, taught me my values as an AMERICAN, and made clear to me what my duties as an American citizen are to this day, which is why I write this stuff.

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Re: ON INCIPIENT BIDENISM IN AMERICA TODAY

Post by thelivyjr »

THE CAPE CHARLES MIRROR MAY 5, 2021 AT 10:04 AM

Paul Plante says:

And going back to 1961, a very different time in America than is the case today, and the John F. Kennedy speech which I have to say moved me as a young American citizen, he continued as follows:

To those old allies whose cultural and spiritual origins we share, we pledge the loyalty of faithful friends.

United there is little we cannot do in a host of cooperative ventures.

Divided there is little we can do — for we dare not meet a powerful challenge at odds and split asunder.

To those new states whom we welcome to the ranks of the free, we pledge our word that one form of colonial control shall not have passed away merely to be replaced by a far more iron tyranny.

We shall not always expect to find them supporting our view.

But we shall always hope to find them strongly supporting their own freedom — and to remember that, in the past, those who foolishly sought power by riding the back of the tiger ended up inside.

end quotes

Those last words about riding the tiger are words this AUTOCRAT Joe Biden ought to be giving some serious thought to, but since Joe seems incapable of serious thought, or thought at all, I do not think he would grasp the meaning of what John Kennedy was saying, and it is WE, THE AMERICAN PEOPLE who are going to pay the price for that and the ignorance of our so-called fellow Americans who put Joe Biden into the white house to bring down the nation John Kennedy was promoting, to replace it with something Stalin was trying to build in the Soviet Union, instead.

Getting back to JFK, he continued as follows:

To those people in the huts and villages of half the globe struggling to break the bonds of mass misery, we pledge our best efforts to help them help themselves, for whatever period is required — not because the communists may be doing it, not because we seek their votes, but because it is right.

If a free society cannot help the many who are poor, it cannot save the few who are rich.

To our sister republics south of our border, we offer a special pledge — to convert our good words into good deeds — in a new alliance for progress — to assist free men and free governments in casting off the chains of poverty.

But this peaceful revolution of hope cannot become the prey of hostile powers.

Let all our neighbors know that we shall join with them to oppose aggression or subversion anywhere in the Americas.

And let every other power know that this Hemisphere intends to remain the master of its own house.

To that world assembly of sovereign states, the United Nations, our last best hope in an age where the instruments of war have far outpaced the instruments of peace, we renew our pledge of support — to prevent it from becoming merely a forum for invective — to strengthen its shield of the new and the weak — and to enlarge the area in which its writ may run.

Finally, to those nations who would make themselves our adversary, we offer not a pledge but a request: that both sides begin anew the quest for peace, before the dark powers of destruction unleashed by science engulf all humanity in planned or accidental self-destruction.

end quotes

As I consider those words, which I heard spoken when I was young, I am forced to think how much different America was back then compared to now, where we have become, thanks to partisan rancor, a divided nation at war with itself, with no peacemaker in sight, and I have to wonder how many young Americans today even know if John Kennedy ever existed, or that America was not always such a hostile place as it has become today, thanks to the Democrats, who would disown JFK today as not being one of them because he was not the divider they need and have in Joe Biden and Kamala Harris, instead, which takes us back to JFK, to wit:

We dare not tempt them with weakness.

end quotes

Which reminds me of Hussein Obama leading from behind with Joe Biden as his vice president so as to project an air of weakness as he sought to humble and shame the United States in the eyes of the world as he did when he bowed to the Japanese emperor and apologized for the United States having beaten them in WWII, which takes us back again to JFK who was no Joe Biden, to wit:

For only when our arms are sufficient beyond doubt can we be certain beyond doubt that they will never be employed.

But neither can two great and powerful groups of nations take comfort from our present course — both sides overburdened by the cost of modern weapons, both rightly alarmed by the steady spread of the deadly atom, yet both racing to alter that uncertain balance of terror that stays the hand of mankind’s final war.

So let us begin anew — remembering on both sides that civility is not a sign of weakness, and sincerity is always subject to proof.

Let us never negotiate out of fear.

But let us never fear to negotiate.

Let both sides explore what problems unite us instead of belaboring those problems which divide us.

Let both sides, for the first time, formulate serious and precise proposals for the inspection and control of arms — and bring the absolute power to destroy other nations under the absolute control of all nations.

Let both sides seek to invoke the wonders of science instead of its terrors.

Together let us explore the stars, conquer the deserts, eradicate disease, tap the ocean depths and encourage the arts and commerce.

Let both sides unite to heed in all corners of the earth the command of Isaiah — to “undo the heavy burdens . . . (and) let the oppressed go free.”

And if a beachhead of cooperation may push back the jungle of suspicion, let both sides join in creating a new endeavor, not a new balance of power, but a new world of law, where the strong are just and the weak secure and the peace preserved.

All this will not be finished in the first one hundred days.

Nor will it be finished in the first one thousand days, nor in the life of this Administration, nor even perhaps in our lifetime on this planet.

But let us begin.

In your hands, my fellow citizens, more than mine, will rest the final success or failure of our course.

Since this country was founded, each generation of Americans has been summoned to give testimony to its national loyalty.

The graves of young Americans who answered the call to service surround the globe.

Now the trumpet summons us again — not as a call to bear arms, though arms we need — not as a call to battle, though embattled we are — but a call to bear the burden of a long twilight struggle, year in and year out, “rejoicing in hope, patient in tribulation” — a struggle against the common enemies of man: tyranny, poverty, disease and war itself.

Can we forge against these enemies a grand and global alliance, North and South, East and West, that can assure a more fruitful life for all mankind?

Will you join in that historic effort?

In the long history of the world, only a few generations have been granted the role of defending freedom in its hour of maximum danger.

I do not shrink from this responsibility — I welcome it.

I do not believe that any of us would exchange places with any other people or any other generation.

The energy, the faith, the devotion which we bring to this endeavor will light our country and all who serve it — and the glow from that fire can truly light the world.

And so, my fellow Americans: ask not what your country can do for you — ask what you can do for your country.

My fellow citizens of the world: ask not what America will do for you, but what together we can do for the freedom of man.

Finally, whether you are citizens of America or citizens of the world, ask of us here the same high standards of strength and sacrifice which we ask of you.

With a good conscience our only sure reward, with history the final judge of our deeds, let us go forth to lead the land we love, asking His blessing and His help, but knowing that here on earth God’s work must truly be our own.

Transcription courtesy of the John F. Kennedy Presidential Library and Museum.

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Re: ON INCIPIENT BIDENISM IN AMERICA TODAY

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THE CAPE CHARLES MIRROR MAY 6, 2021 AT 10:11 AM

Paul Plante says:

“And so, my fellow Americans: ask not what your country can do for you — ask what you can do for your country.”

There, people, is where the split that has led to today and Joe Biden being in the white house began, in my estimation as someone who was there when this history was happening in real time and real life.

Can anyone imagine Joe Biden today saying that to people – to ask not what your country can do for you — ask what you can do for your country?

Can anyone imagine John Kennedy getting elected today based on those words?

That was back in a brief period of time in this country when I would say we were as united as we were ever going to be, because not much after that, it all started going to hell big time, which is how we got to where we are in this country today.

So what were those words – ask not what your country can do for you, ask what you can do for your country?

Were they a directive?

Were they a command?

Was that merely advice, or just a random thought that came into his head at that moment?

And who were those words directed to?

Were they directed at Joe Biden, who graduated in 1961, the same year those words were spoken, from Archmere Academy in Claymont, Delaware where Joe Biden played baseball and was a standout halfback and wide receiver on the high school football team, and though a poor student, was class president in his junior and senior years, which experience set him on his ever ascending path up the Stairway to Heaven and into the white house?

If so, then why has Joe rejected them today?

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Re: ON INCIPIENT BIDENISM IN AMERICA TODAY

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THE CAPE CHARLES MIRROR MAY 7, 2021 AT 5:26 PM

Paul Plante says:

Do young people in America today even know John F. Kennedy was alive and was an American president?

Do they know anything at all about those times in America when JFK was alive?

Do they believe, as I once believed, that as an American citizen, as opposed to a citizen of some other nation, be it Zimbabawe, or Kenya, where Obama came from, or Uganda, or Venezuela, or Guatemala, where they do things quite differently, it was our duty as citizens to not ask what the country can do for us, but rather, we were to ask what we can do for our country?

Or do they cleave to the standard of Joe Biden who is saying to the nation, “(A)sk not what you can do for your country, ask instead what your country can do for you, and think big when doing so, for the more you ask for, the more you shall receive, from each according to his ability, to each according to his needs?”

As to the CULT OF JOE, or incipient (in an initial stage; beginning to happen or develop) BIDENISM, let us go back to a March 3, 2021 PRESS RELEASE of Biden adulator (“The people commonly intend the public good,” Alexander Hamilton wrote in Federalist 71, “but their good sense would despise the adulator who should pretend that they always reason right about the means of promoting it”) Nancy Pelosi for this gushing praise of Joe and sycophancy (obsequious behavior toward someone important in order to gain advantage as in “Nancy Pelosi’s fawning sycophancy is nauseating”), to wit:

Speaker Pelosi. Thank you so much.

This is a very special evening for me, my colleagues, to be introducing for the very first time Joe Biden as President of the United States.

And I could – my heart could not be filled with more joy to have that occasion marked by introducing him to our House Democratic Caucus.

A special evening.

First time, Mr. President, that I’m introducing you as President of the United States to my great House Democratic Caucus.

That makes it even better.

My colleagues, as you know, our nation is blessed with Joe Biden as President of the United States.

He is an extraordinary President.

He knows how to get the job done.

When our nation faced the Great Recession.

It was Joe Biden, who led the implementation and accountability of ARRA, helping to create and save millions of jobs.

That experience serves him well with the American Rescue Plan.

When the Democratic Caucus was passing the Affordable Care Act, Joe Biden was a partner for progress in the White House.

And that experience serves him well as we face the coronavirus crisis.

Joe Biden has been a voice of reason and resilience with a clear path to lead us out of this crisis.

I’ve seen President Biden working behind the scenes, hammering out solutions for the American people.

He is a leader with the humility to seek expertise and science and the confidence to act upon it.

On the global front, President Biden is a distinguished world leader who commands the respect of the allies and adversaries alike.

On the political front, Joe Biden has campaigned with or for many Members of Congress, almost everyone in this virtual setting.

Thank you, Mr. President, for being there and for – with us and for us.

Now more than ever, we need a battle-tested, forward-looking leader who will fight For The People, a President with the values, experience and the strategic thinking to bring our nation together and to build a better, fairer world for our children.

As President, he is taking us to new heights of inclusion in the success of America.

President Biden is a leader who is the personification of hope and courage, values, authenticity and integrity.

Joe Biden is President – as President and with Democratic Majorities in the House and Senate, we will deliver bold progress For The People.

And now it is my privilege to present the [46th] President of the United States, as my children – grandchildren would say, ‘Open Biden,’ Mr. President.

end quotes

As Collins Dictionary describes it, a cult of personality in American English is a cult promoting adulation of a living national leader or public figure, as one encouraged by Stalin to extend his power, and with that gushing praise of Joe Biden as a leader sent pretty much straight from God to clean up the mess the Democrats have made of America with their disruption of our governmental affairs in order to bring down the Trump presidency, Nancy Pelosi is demonstrating the Democrats are in fact a CULT OF PERSONALITY.

Going back in time to JFK, by contrast, we have from the American Experience website as follows, to wit:

President John Kennedy took office during one of the most turbulent times in American history.

The Cold War between democracy and communism was becoming more belligerent, and the United States and the Soviet Union possessed enough nuclear weapons to destroy the world many times over.

In American cities, racial tension was rising.

Growing numbers of black Americans had begun to demonstrate for equal treatment under the law, and white segregationists promised to deny these rights, using violence if necessary.

From the first moments of his presidency, Kennedy evoked a sense of security and a spirit of idealism which reassured Americans of their nation’s strengths and inspired them to serve their country and the world.

end quotes

And stop right there a moment, people.

Despite the juvenile drivel of Nancy Pelosi above here where she touts Joe Biden to her pack of Democrats as a battle-tested, forward-looking leader who will fight For The People, a President with the values, experience and the strategic thinking to bring our nation together and to build a better, fairer world for our children, from the first moments of his presidency, did Joe Biden evoke a sense of security and a spirit of idealism which reassured Americans of their nation’s strengths and inspired them to serve their country and the world?

Or has he divided us while inspiring Americans to have the government under Joe Biden and his sycophantic lickspittle (a person who behaves obsequiously to those in power as in “Nancy Pelosi is a lickspittle for Joe Biden”) Nancy Pelosi serve them instead, regardless of the price to be paid?

Going back to the American Experience, it concludes as follows:

The idealism that Kennedy evoked did not die with him.

Although Kennedy failed to realize his promise, he left a legacy of hope to millions of Americans.

end quotes

So, people, where, pray tell, is that legacy of hope gone to today?

Does anyone have a clue?

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Re: ON INCIPIENT BIDENISM IN AMERICA TODAY

Post by thelivyjr »

THE CAPE CHARLES MIRROR MAY 8, 2021 AT 6:18 PM

Paul Plante says:

And biting a bullet here, people, and admitting the truth, JFK, if anyone even remembers the name, is long since dead and gone now, and some would say good riddance to him and his foreign ideas with this “ask not what the country can do for us, but rather, ask what we can do for our country” horse****, which I would say having been there was rejected by more people than it was accepted by, with people saying quite openly “**** that stupid **** of doing something for the country, I’m in this for my pocket,” and anyway, on his first day in office, Joe Biden completely wiped the American history JFK represented clean off the slate as “racist” and “white supremacist” and “white nationalist,” so there is little sense in taking about JFK today, when Joe Biden is clearly saying to the nation today, “Don’t be stupid and ask what you can do for your country, be smart and instead ask what your country can do for you, and be even smarter by thinking real big when doing so, for the more you ask for, the more you shall receive, from each according to his ability, to each according to his needs.”

So since we are now in the today of the reality of Joe Biden as opposed to the yesterday of JFK, which no longer exists, and as we continue to consider the rising of the CULT OF JOE, or incipient BIDENISM here in the United States of America, which I as an older American citizen see as a very dangerous development for our liberty, to see how that is, let us go back to the March 3, 2021 PRESS RELEASE of Biden cult member and adulator Nancy Pelosi where we have cult member Nancy telling us as follows with respect to Joe, who is her hero, to wit:

This is a very special evening for me, my colleagues, to be introducing for the very first time Joe Biden as President of the United States.

end quotes

Now, keep in mind, people, that the only people in that room are card-carrying Democrats – everybody else is excluded, which takes us back to the CULT OF JOE, as follows:

And I could – my heart could not be filled with more joy to have that occasion marked by introducing him to our House Democratic Caucus.

end quotes

Her heart could not be filled with more joy?

She is the speaker of the House of Representatives, people.

Joe Biden, who she is clearly adulating, is the executive, a separate branch of our national government, and it is seventh grade civics that Congressional oversight of the executive branch is a critical part of the United States federal government’s system of checks and balances.

So when the Congressional branch is forming a CULT OF PERSONALITY around the executive as is clearly the case here before us now, based on Nancy Pelosi’s own words, what happens to the concept of checks and balances?

It goes right out the window, does it not?

And is that to our benefit as a people and as a nation to have a national government where the Congressional branch adulates the executive and sees him as someone who is a SUPER HERO like SUPERFLY who can do no wrong or do no harm through misguided policies?

Let’s develop that thought a bit further by going back to Nancy Pelosi’s gushing praise of Joe Biden where she tells us further as follows:

My colleagues, as you know, our nation is blessed with Joe Biden as President of the United States.

end quotes

OUR nation, the United States of America is now “blessed,” i.e. made holy, by having Joe Biden as president?

How exactly is it, people, that we are “blessed” by having anyone as our “leader?”

Are we like the Holy Roman Empire, now, where GOD ordains who our leader is going to be, and then blesses us by providing that leader as HE did with the case of Charlemagne?

Getting back to Nancy, the gushing praise continues as follows:

He is an extraordinary President.

end quotes

Oh, really?

That is March 3, 2021 that Nancy was saying that, and Joe did not become president until 20 January 2021, so Joe had only been in office for forty-two (42) days at that time, so what did he do in 42 days that made him “extraordinary,” a word which means very unusual or remarkable?

And there we have some serious grist for the mill from Nancy with that statement by her on 3 March 2021 to her Democrat Caucus that Joe Biden is indeed very unusual and remarkable, which statement takes us forward in time to 28 April 2021 and Joe Biden’s address to the Democrats who were celebrating the fact that Joe Biden had managed to last 100 days in office, where we had Joe telling the Democrats, and by extension, the candid world, as follows:

As I stand here tonight — just one day shy of the 100th day of my administration.

100 days since I took the oath of office, lifted my hand off our family Bible, and inherited a nation in crisis.

The worst economic crisis since the Great Depression.

Now, after just 100 days, I can report to the nation: America is on the move again.

Turning peril into possibility.

Crisis into opportunity.

Setback into strength.

Life can knock us down.

But in America, we never stay down.

In America, we always get up.

And today, that’s what we’re doing: America is rising anew.

Choosing hope over fear.

Truth over lies.

Light over darkness.

After 100 Days of rescue and renewal, America is ready for takeoff.

We are working again.

Dreaming again.

Discovering again.

Leading the world again.

We have shown each other and the world: There is no quit in America.

100 days ago, America’s house was on fire.

We had to act.

And thanks to the extraordinary leadership of Speaker Pelosi and Majority Leader Schumer – and with the overwhelming support of the American people – Democrats, Independents, and Republicans – we did act.

Together — we passed the American Rescue Plan.

One of the most consequential rescue packages in American history.

We’re already seeing the results.

end quotes

But are we really, people?

Or more correctly, what results are we really seeing, and here, by way of background, just recently, in a Reuters article entitled “TREASURIES-Yields fall on manufacturing data, Treasury boosts Q2 borrowing” by Karen Pierog on May 3, 2021, we learned that the U.S. Treasury said it plans to borrow $463 billion in the second quarter, assuming an end-of-June cash balance of $800 billion, as spending increases in response to the pandemic and that was much bigger than its February estimate of $95 billion, which preceded the March enactment of the $1.9 trillion American Rescue Plan.

And then there was a CNBC article entitled “Soaring lumber prices add $36,000 to the cost of a new home, and a fierce land grab is only making it worse” by Diana Olick on April 30, 2021, where we see more results, as follows:

Lumber prices seem to set a new record almost daily, now up 67% this year and up 340% from a year ago, according to Random Lengths, a wood products industry tracking firm.

The surge in lumber prices in the past year has added $35,872 to the price of an average new single-family home and $12,966 to the market value of an average new multifamily home, according to the NAHB.

Prices of gypsum, which is drywall, are up nearly 7% from a year ago.

Steel mill product prices are at a record high, up nearly 18% in March year over year.

The price of copper also set a record high this month and is 27% year to date.

end quotes

In another Reuters article entitled “U.S. weekly jobless claims drop below 500,000; layoffs lowest since 2000” by Lucia Mutikani on May 6, 2021, we learn as follows, to wit:

The government has provided nearly $6 trillion in pandemic relief over the past year.

end quotes

SIX TRILLION DOLLARS of borrowed money in one year alone and what results do we have to show for it?

How about a Reuters article entitled “Is it over yet? Still no recession end date as U.S. economy hums along” by Howard Schneider on May 4, 2021, where we had as follows:

Is the United States still in recession?

Common sense and a lot of data say no, but the Business Cycle Dating Committee, a panel organized by the National Bureau of Economic Research that acts as the official arbiter of U.S. recessions, has not yet pinned down an end date for the contraction it said started after February 2020, around the onset of the pandemic.

end quotes

So, for the expenditure of SIX TRLLION DOLLARS in one year, we have bought ourselves an economy that is still in recession, which takes us to another Reuters article entitled “Treasury sell off in February highlights ongoing liquidity risk – Fed” by Dan Burns on May 6, 2021, where we had, to wit:

A bruising bond market sell-off earlier this year appears to remain high on the minds of Federal Reserve officials, who in a report on Thursday singled out the event as illustrative of continuing liquidity issues in the $21 trillion U.S. Treasury market.

The Feb. 25 drubbing followed a historically poor auction of 7-year Treasury notes and sent yields surging as market liquidity evaporated in minutes.

The event, coming less than a year after the Fed had to inject $2 trillion into the bond market in the space of about five weeks to keep it from a complete melt down, “highlighted the importance of continued focus on Treasury market resilience,” the Fed said in its semi-annual Financial Stability Report.

end quotes

So, people, whether you like it or not, there is the backdrop to where we are in this nation right now, with Joe Biden wanting to borrow another FOUR TRILLION on top of that SIX TRILLION that has bought us this recession we are still in, which takes us back to giddy Nancy Pelosi on 3 March 2021, where giddy Nancy gushed as follows about Joe Biden, to wit:

He knows how to get the job done.

When our nation faced the Great Recession.

It was Joe Biden, who led the implementation and accountability of ARRA, helping to create and save millions of jobs.

That experience serves him well with the American Rescue Plan.

Joe Biden has been a voice of reason and resilience with a clear path to lead us out of this crisis.

Thank you, Mr. President, for being there and for – with us and for us.

President Biden is a leader who is the personification of hope and courage, values, authenticity and integrity.

Joe Biden is President – as President and with Democratic Majorities in the House and Senate, we will deliver bold progress For The People.

And now it is my privilege to present the [46th] President of the United States, as my children – grandchildren would say, ‘Open Biden,’ Mr. President.

end quotes

To which I say, stay tuned, for more is yet to come in the wake of a Reuters story entitled “Yellen says U.S. debt ceiling could pinch in summer” by Reuters Staff on May 7, 2021, where we had “TOODLES” telling us of what is out ahead, as follows:

WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Friday the nation could exhaust its ability to borrow this summer even if Treasury takes “extraordinary actions” to buy more time when the nation’s debt ceiling comes back into effect at the end of July.

end quotes

That sounds like it could cramp Joe Biden’s plans to borrow another FOUR TRILLION, which takes us to a CNBC article entitled “Weak jobs report shows the need for massive jobs and families bills, Biden says” by Christina Wilkie on May 7, 2021, to wit:

WASHINGTON — President Joe Biden said Friday that April’s lower than expected job growth reveals that the U.S. economy is still struggling to recover from the Covid pandemic, and that his massive infrastructure and family support bills are needed now more than ever.

“This month’s job numbers show we are on the right track,” said Biden.

“But we still have a long way to go.”

“My laser focus is on growing the nation’s economy and creating jobs.”

“My laser focus is on vaccinating, and my laser focus is on one more thing: making sure that hard working people in this country are no longer left out in the cold.”

Hours before Biden spoke, the Labor Department reported that hiring slowed dramatically in April, with nonfarm payrolls increasing by a much less than expected 266,000 and the unemployment rate rose to 6.1% amid an escalating shortage of available workers.

end quotes

And there is where we will pick this back up when next we meet.

OH!

Don’t forget that other CNBC article entitled “Fed warns about potential for ‘significant declines’ in asset prices as valuations climb” by Jeff Cox on May 6, 2021, to wit:

Rising asset prices in the stock market and elsewhere are posing increasing threats to the financial system, the Federal Reserve warned in a report Thursday.

The report also mentions risk at hedge funds and other nonbank financial institutions on several occasions as potential threats to the system.

“Vulnerabilities associated with elevated risk appetite are rising.”

“Valuations across a range of asset classes have continued to rise from levels that were already elevated late last year,” Brainard said.

“The combination of stretched valuations with very high levels of corporate indebtedness bear watching because of the potential to amplify the effects of a re-pricing event.”

end quotes

Sounds like we really do need an economical miracle worker now, doesn’t it, people?

So, is Joe Biden that man?

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Re: ON INCIPIENT BIDENISM IN AMERICA TODAY

Post by thelivyjr »

THE CAPE CHARLES MIRROR MAY 9, 2021 AT 12:26 PM

Paul Plante says:

America, we are in serious trouble.

And the name of that serious trouble is Joe Biden, a geriatric old fool, with a MESSIAH COMPLEX, which is defined as a state of mind in which an individual, in this case, Joe Biden, holds a belief that he is our savior today,

The term can also refer to a state of mind in which an individual believes that they are responsible for saving or assisting others, which is Joe Biden.

And all the proof we need of that, as if we didn’t already have enough proof with all of Joe’s blather while campaigning about winning the fight for the “SOUL” of America as our MAHDI, our spiritual and temporal leader who will rule before the end of the world and restore religion and justice and triumph over injustice, is in the text of the 28 April 2021 rambling speech Joe made to the Democrats in celebration of Joe lasting 100 days on the job, which speech is seething with logical contradictions and just plain stupid and uninformed statements that sailed right past the assembled Democrats and the media, as well, who fawn on Joe, well, ah, hey, because he is our MESSIAH, and you just do not question MESSIAHS because questioning is an act of disbelief that they are a MESSIAH, which is somebody who is all-knowing, so Joe’s ignorance sails right through unquestioned, which is to our detriment as a people and as a nation.

And let me go right to only one example of many from the text of Joe’s 28 April 2021 speech to the clueless Democrats and fawning media, where we had Joe stating as follows:

We’re in a competition with China and other countries to win the 21st Century.

end quotes

Now, that right there is a pile of horse**** from out the mouth of Joe Biden, who is full of it, because we are not in a competition with China to win the 21st Century, because there is no such thing as “winning a century.”

But let’s not stop there:

The American Jobs Plan will help millions of people get back to their jobs and their careers.

Jobs.

Jobs.

There’s no reason the blades for wind turbines can’t be built in Pittsburgh instead of Beijing.

end quotes

Uh, right, Joe, a big ten-four on that good buddy.

And you know what, people?

Joe is actually correct there when he says there’s no reason the blades for wind turbines can’t be built in Pittsburgh instead of Beijing, because we have already been building them here in the USA for years now, as we see by going to the United States Department of Energy website under the heading “Wind Manufacturing and Supply Chain,” where we find as follows:

There are more than 500 U.S. manufacturing facilities specializing in wind components such as blades, towers, and generators, as well as turbine assembly across the country.

In fact, modern wind turbines are increasingly cost effective, reliable, and have scaled up in size to multi-megawatt power ratings.

end quotes

So why is Joe Biden acting like he is going to provide us with something we never had before, when in fact, we already have a mature industry manufacturing these very same things without the need for Joe Biden to make it happen?

MESSIAHS are dangerous, people!

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Re: ON INCIPIENT BIDENISM IN AMERICA TODAY

Post by thelivyjr »

THE CAPE CHARLES MIRROR MAY 11, 2021 AT 10:38 AM

Paul Plante says:

Chaos is coming, people!

But let’s not take my word for it.

To get a glimpse of what is out ahead of us, let us go to a CNBC article entitled “Biden urges employers to boost wages but warns workers they’ll lose unemployment pay if they reject jobs” by Jacob Pramuk, where we have the latest from the CULT OF JOE, as follows:

President Joe Biden on Monday urged U.S. companies to boost pay for workers as he outlined the steps his administration is taking to spur hiring after disappointing job creation in April.

end quotes

Now, here, people, is where we are going to pay a price for having put a career politician into the white house who has never held a real job in his life, and so, thinks he can just snap his fingers and order business owners to raise their wages for their employees without any disruptions to their business models or the economy which affects us all.

Bu let’s develop that thought further by going back to the story to see what the underlying issues are, to wit:

Biden said the White House does not “see much evidence” that the $300 per week federal unemployment benefit in place until September has deterred people from taking jobs, adding that “Americans want to work.”

end quotes

The white house only sees what Joe Biden wants it to see, because like Joe Stalin before him, our Joe is always right and never wrong, so why look for evidence that could possibly contradict him?

For an alternative view, let’s go to a Reuters article on that same subject entitled “U.S. hiring takes big step back as businesses scramble for workers, raw materials” by Lucia Mutikani on May 7, 2021, to wit:

WASHINGTON (Reuters) – U.S. job growth unexpectedly slowed in April, likely curbed by shortages of workers and raw materials as rapidly improving public health and massive government aid fueled an economic boom.

The Labor Department’s closely watched employment report on Friday, which showed a plunge in temporary help jobs – a harbinger for future hiring – as well as decreases in manufacturing, retail and courier services employment, sparked a heated debate about the generosity of unemployment benefits.

The enhanced jobless benefits, including a government-funded $300 weekly supplement, pay more than most minimum wage jobs.

Labor and input shortages have been well documented by business surveys.

“The employment gain is understated in part because of the generous largess from Washington,” said Sung Won Sohn, a finance and economics professor at Loyola Marymount University in Los Angeles.

“Short-staffed restaurant owners are working overtime, truck drivers are impossible to find even after a hefty increase in hourly wages and loading docks at warehouses are keeping trucks idle as there aren’t enough workers.”

end quotes

That, of course, is all the evidence that the white house doesn’t see because Joe Biden doesn’t believe it, as we see by going back to Reuters, as follows:

The U.S. Chamber of Commerce urged the government to scrap the weekly unemployment subsidy, but the White House dismissed complaints the generous unemployment checks were causing worker shortages.

“It’s clear that there are people who are not ready and able to go back into the labor force,” Treasury Secretary Janet Yellen said.

“I don’t think the addition to unemployment compensation is really the factor that is making a difference.”

end quotes

As was the case with Joe Stalin in the Soviet Union, the only person in the United States of America who is always right while everybody else who disagrees with him is always wrong is Joe Biden, and there we have his treasury secretary and CULT CHEERLEADER Janet “TOODLES” Yellen making that point incandescently clear.

Getting back to the CNBC story, it continues as follows:

The president put the onus on employers who have accepted federal relief to offer good pay, protect workers from the virus and encourage vaccination so Americans feel comfortable taking jobs.

“My expectation is that as our economy comes back, these companies will provide fair wages and safe work environments,” Biden said in remarks at the White House.

“And if they do, they’ll find plenty of workers.”

end quotes

Good old goofy Joe Biden, going by his “feelings,” there, what his “gut” tells him has to be true, which takes us back to Reuters, as follows:

With workers scarce, employers boosted wages and increased hours for employees.

Average hourly earnings jumped 0.7% after dipping 0.1% in March.

The average workweek rose 0.1 hour to 35 hours.

end quotes

So there we see employers are already raising wages, because they have to, to compete with the federal government which is paying people good money to say home and watch NetFlics, instead.

Getting back to CNBC for more essential background, since this story is just getting going and is far from concluding, we have:

The report Friday raised questions about how companies can entice workers in a reopening economy and what role the government should play in encouraging hiring.

Biden downplayed the slow growth, saying the economy is “moving in the right direction.”

end quotes

And that’s it, people, right there is all we need to know – Joe Biden, the all-knowing, all-seeing MESSIAH of America, our MAHDI, says the economy is “moving in the right direction,” and so it must be, because Joe said so, and Joe is infallible.

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Re: ON INCIPIENT BIDENISM IN AMERICA TODAY

Post by thelivyjr »

THE CAPE CHARLES MIRROR MAY 11, 2021 AT 8:47 PM

Paul Plante says:

And here, as we consider that our own Joe Biden is always right, and never wrong, I would like to go back for a moment to Nikita Khrushchev’s Speech to 20th Congress of the C.P.S.U. on the Cult of the Individual, or Cult of Personality surrounding Joe Stalin delivered on February 24-25, 1956, where we have the similarities between the two “leaders,” Joe Stalin and our own Joe Biden, described as follows:

Khrushchev: I will allow myself in this connection to bring out one characteristic fact which illustrates how Stalin directed operations at the fronts.

end quotes

In our case, of course, we are looking at the same essential thing – Joe Biden single-handedly directing efforts at his war on pretty much everything at this point, including our economy, which is where my emphasis is in this thread, which takes us back to Khrushchev, to wit:

Present at this Congress is Marshal [Ivan] Bagramyan, who was once the head of operations in the Southwestern Front Headquarters and who can corroborate what I will tell you.

When an exceptionally serious situation for our Army developed in the Kharkov region in 1942, we correctly decided to drop an operation whose objective was to encircle the city.

The real situation at that time would have threatened our Army with fatal consequences if this operation were continued.

We communicated this to Stalin, stating that the situation demanded changes in our operational plans so that the enemy would be prevented from liquidating a sizable concentration of our Army.

Contrary to common sense, Stalin rejected our suggestion.

end quotes

That is Joe Biden rejecting the word of people who are more expert in he in such things saying that so long as Joe Biden is paying people to stay home, they are not going to look for work, because in his “gut,” where his thinking brain is located, Joe knows different, which takes us back to Khrushchev and Joe Stalin, to wit:

He issued the order to continue the encirclement of Kharkov, despite the fact that at this time many of our own Army concentrations actually were threatened with encirclement and liquidation.

I telephoned to Marshal Alexander Vasilevsky and begged him: “Alexander Mikhailovich, take a map” – Vasilevsky is present here – “and show comrade Stalin the situation that has developed.”

We should note that Stalin planned operations on a globe.

Yes, comrades, he used to take a globe and trace the front line on it.

I said to comrade Vasilevsky: “Show him the situation on a map.”

“In the present situation we cannot continue the operation which was planned.”

“The old decision must be changed for the good of the cause.”

Vasilevsky replied, saying that Stalin had already studied this problem.

He said that he, Vasilevsky, would not see Stalin further concerning this matter, because the latter didn’t want to hear any arguments on the subject of this operation.

end quotes

Just as today, our own Joe Biden doesn’t want to hear any arguments on his grandiose and foolhardy plans for our economy, which takes us back to Khrushchev, to wit:

After my talk with Vasilevsky, I telephoned to Stalin at his dacha.

But Stalin did not answer the phone and Malenkov was at the receiver.

I told comrade Malenkov that I was calling from the front and that I wanted to speak personally to Stalin.

Stalin informed me through Malenkov that I should speak with Malenkov.

I stated for the second time that I wished to inform Stalin personally about the grave situation which had arisen for us at the front.

But Stalin did not consider it convenient to pick up the phone and again stated that I should speak to him through Malenkov, although he was only a few steps from the telephone.

After “listening” in this manner to our plea, Stalin said: “Let everything remain as it is!”

And what was the result of this?

The worst we had expected.

The Germans surrounded our Army concentrations and as a result the Kharkov counterattack lost hundreds of thousands of our soldiers.

This is Stalin’s military “genius.”

This is what it cost us.

On one occasion after the war, during a meeting between Stalin and members of the Politbiuro, Anastas Ivanovich Mikoyan mentioned that Khrushchev must have been right when he telephoned concerning the Kharkov operation and that it was unfortunate that his suggestion had not been accepted.

You should have seen Stalin’s fury!

How could it be admitted that he, Stalin, had not been right!

He is after all a “genius,” and a genius cannot help but be right!

Everyone can err, but Stalin considered that he never erred, that he was always right.

He never acknowledged to anyone that he made any mistake, large or small, despite the fact that he made more than a few in matters of theory and in his practical activity.

end quotes

Which brings us to an article in The Hill by Arthur Laffer, an economist and president of Laffer Associates who was an economic adviser to Presidents Reagan and Trump, receiving the Presidential Medal of Freedom in 2019, and Stephen Moore, a senior fellow at FreedomWorks and an economic adviser to the Trump campaign and White House entitled “‘Borrow-and-spend’ stimulus bill is a fiscal monstrosity” on 12/22/20, where we had as follows on that subject of people not working because Joe Biden is paying them to stay home, which Joe Biden denies, to wit:

The 5,000-page, $900 billion fiscal “stimulus” legislation passed by Congress on Monday is not a jobs bill, and it will do far more short- and long-term damage to the U.S. economy than good.

Why is it that “bipartisanship” in Washington these days means that Republicans and Democrats agree to spend and borrow?

Fiscal conservatives in Congress should have rejected this debt bill.

One of the worst features of the bill is the $300-a-week supplemental unemployment benefit (raised by only $25 in the 2009 recession under President Obama) which will deter work and reduce employment by as much as 3 million jobs, according to a study by University of Chicago economist Casey Mulligan.

Half of all unemployed workers will receive more money in unemployment benefits and food stamps than they would earn for working.

This is, in reality, an anti-employment measure.

The $600 checks — free cash! — to Americans are simply a form of “helicopter money” that redistributes income and reduces the rewards for working and producing.

end quotes

And there for the moment, I will rest.

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Re: ON INCIPIENT BIDENISM IN AMERICA TODAY

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THE CAPE CHARLES MIRROR MAY 12, 2021 AT 8:45 PM

Paul Plante says:

And while we are on the subject of CHAOS COMING in here, people, now that the nation has been so stupid as to turn total control of our national government over to the Democrats, which is a serious sign of the decline in the mental health of the voters of this nation, for further background to help us understand where the CULT OF JOE is taking us to, let us go to a Washington Post article by Steven Pearlstein, a Post economics and business columnist who is also Robinson Professor of Public Affairs at George Mason University, which article is entitled “In Democrats’ progressive paradise, borrowing is free, spending pays for itself, and interest rates never rise” on March 3, 2021, where we meet the BRAVE NEW WORLD being ushered in by the CULT OF JOE, to wit:

Welcome, fellow Americans, to the era of the free lunch.

end quotes

Of course, Joe Biden would dispute that, that he is handing out free lunches, so let’s go back for more to see where the author is taking us to, as follows:

To hear it from liberal economists, progressive activists and Democratic politicians, there is no longer any limit to how much money government can borrow and spend and print.

In this new economy, we no longer have to worry that stock prices might climb so high, or companies take on so much debt, that a financial crisis might ensue.

In this world without trade-offs, we can shut down the fossil fuel industry and transition to a zero-carbon economy without any risk to employment and economic growth.

Nor is there any amount of infrastructure investment that could possibly exceed the capacity of the construction industry to absorb it.

Rest assured that the economy won’t miss a beat no matter how high or fast the minimum wage is raised.

And whatever benefits are required by the always-struggling middle class can be financed by raising taxes on big corporations and the undeserving rich.

So party on, progressive dudes.

end quotes

Does that remind anyone of the 1920’s in this country, or the failed Weimar Republic in Germany after WWI with its famous hyper-inflation that had a loaf of bread in Berlin that cost around 160 Marks at the end of 1922 costing 200,000,000,000 Marks by late 1923?

Getting back to the Washington Post article, it continues as follows:

Worries about debt and inflation are just so 20th-century, the figments of a now-discredited neoliberal imagination.

We have entered a magical world where borrowing is costless, spending pays for itself, stocks only rise and the dollar never falls.

end quotes

Today, the BIDEN MIRACLE ECONOMY had the Dow falling 681.50 points.

Getting back to he article:

In this economic paradise, government mandarins can fine-tune the economy to prevent inflation and unemployment, while economic, racial, environmental and social justice can be achieved without any painful trade-offs.

end quotes

And that is really what this thread is about, right there – can the Biden-esque government mandarins really fine-tune our economy to prevent inflation and unemployment, while economic, racial, environmental and social justice can be achieved without any painful trade-offs?

Because if they can’t, then we are in some serious trouble as a nation and as a people, because the CULT OF JOE, having painted itself into a corner with a bunch of promises to the cult members, is now incapable of believing otherwise, which takes us back to the Washington Post, as follows:

It is undoubtedly true, for example, that in a globalized economy, the United States is less susceptible to inflation-inducing capacity constraints or a crowding-out of private borrowing by government borrowing.

But that doesn’t mean that the government can borrow and spend an extra $10 trillion on covid relief, infrastructure and climate investments without running a serious risk of overheating the economy.

end quotes

That as Reuters reported on May 10, 2021 that the materials sector of the stock market hit a record high as miners and makers of steel products gained after gold, copper and aluminum scaled new peaks.

Getting back to the article:

Since the financial crisis of 2008, the Federal Reserve has learned that it could avert financial panic and global depression by printing dollars and using them to buy government and corporate bonds.

But what we should also have learned is that running the printing press at full tilt for years after the initial crisis has passed creates giant credit and investment bubbles that will burst at the first hint that the bond-buying is about to end.

All this borrowing and money-printing also risks triggering a run on the dollar and demands from foreign investors for higher interest payments on the $1 trillion they lend us each year just to maintain our current standard of living.

Just because these things haven’t happened yet doesn’t mean that they won’t.

And when they do, the unwinding will be swift and painful.

My purpose in walking through this analysis is to point out that this is the kind of discussion that the country and Congress should be having at this moment — and that many of us hoped would happen with the arrival of a moderate, dealmaking president.

But what we have been treated to instead are mindless talking points (“Go Big”) politically inspired lines in the sand ($1.9 trillion in stimulus, a $15-an-hour minimum wage, $1,400 rebates) and transparently partisan proposals to reward the Democratic base, buy off White working-class voters and avenge the partisan outrages of the Trump era.

Instead of bringing a polarized country together after a narrow election victory, Democrats seem determined to spike the football in the end zone.

It is disappointing, of course, that Democrats have embraced some of the same intellectual dishonesty, and the same all-or-nothing strategy, that they rightfully criticized when the Republicans were doing it.

But what is equally disappointing is the performance my colleagues in the media, who relentlessly and heroically exposed the lies and exaggeration and false narratives of the Trump era but have suddenly lost their critical eye.

The extensive coverage of the $1.9 trillion relief package, for example, has been full of all the usual talking points and political posturing but has contained little about how these vast sums were arrived at or how the money would actually be distributed and spent.

Rare is the story these days that does not highlight how “progressives” feel about an issue, with nary a mention of what moderates or business leaders have to say.

Where is the three-Pinocchio skepticism when the chair of the Federal Reserve assures that there is no connection between skyrocketing values for tech stocks and bitcoin and his pledge to continue pumping an additional $120 billion a month into the financial system?

And when was it decided that every economic issue or business practice is best viewed through the lens of race and gender?

end quotes

Existential questions for our times, indeed!

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