Author: Author1

Assessment: “Sometimes it really is the case that an overpass went in a certain way that is so harmful that it’s gotta come down or maybe be put underground,” the Transportation Secretary said.

Buttigieg made the remarks in response to a question from White House correspondent April Ryan, who asked him how he would “deconstruct the racism that was built into the roadways.”

“As to where we target those dollars, you know, I’m still surprised that some people were surprised when I pointed to the fact that if a highway was built for the purpose of dividing a white and a black neighborhood, or if an underpass was constructed such that a bus carrying mostly black and Puerto Rican kids to a beach — or that would have been — in New York was designed too low for it to pass by, that that obviously reflects racism that went into those design choices,” he claimed.

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Assessment: At more than 2,700 pages long, H.R. 3684 would spend $1.2 trillion. However, only nine percent of of that would actually go toward infrastructure, with the remainder going toward leftist programs and the pet projects of lawmakers …

Specifically, H.R. 3684 includes the following radical provisions:

• unconstitutionally mandates that states create carbon reduction programs, with the federal government choosing which plans to accept or reject;
• creates a pilot program for a mileage tax, which tracks how many miles individuals drive, something that would infringe on Americans’ privacy, penalize drivers in low-density areas, and make driving too costly for some Americans;
• requires car companies to equip all vehicles with “advanced alcohol monitoring systems“;
• allows the federal government to bypass “Buy American” rules, promoting outsourcing to countries such as Communist China;
• enables mass migration by funding border crossings and migrant “welcome centers” while including $0 for border wall construction;
• defines “gender identity” as a protected class and uses the word “equity” 64 times;
• enacts racial quotas for broadband spending;
• rewards states that support and facilitate illegal migration to the United States, also for broadband spending;
• ends Amtrak’s policies/goals of creating a profit and seeking to minimize costs;
• includes multiple radical climate-change provisions, including over $50 billion to protect against “climate change” and $21 billion for “environmental remediation.” Additionally, H.R. 3684 will “modernize” the power grid to accommodate “green” energy; and
• among other provisions, H.R. 3684 includes $39 billion for public transportation, $15 billion altogether for electric transportation, $65 billion for broadband, a $30 billion cryptocurrency tax.

One of the strongest voices speaking out against H.R. 3684 was former President Donald Trump. Stating it was “Very sad that the RINOs in the House and Senate gave Biden and Democrats a victory on the ‘Non-Infrastructure’ Bill,” Trump noted that Democrats had already set their eyes upon a second “infrastructure” bill.

“The rich rules over the poor, and the borrower is the slave of the lender” Proverbs 22:7

Read More @ New American HERE

Assessment: Thiel reiterated the fact that he wished he had bought more bitcoin, adding now that he thinks inflation is here to stay …

Outspoken billionaire Peter Thiel said this week at at the National Conservatism Conference that the high price of bitcoin is an indicator of U.S. inflation, which has also recently touched a 13-year high.

“You know, $60,000 bitcoin, I’m not sure that one should aggressively buy,” Thiel said, according to Bloomberg.

“But surely what it is telling us is that we are having a crisis moment.”

These comments come a week after the tech visionary – who recently opined on the origins of bitcoin – offered an even more ominous projection:

“[Bitcoin]’s the canary in a coal mine. It’s the most honest market we have in the country and it’s telling us that this old regime is about to explode.”

Thiel also slammed The Fed, claiming that they were not acknowledging the seriousness of the problem, and mentioned that the prices were not coming down any time soon, adding that Powell and his pals are in a state of “epistemic closure,” meaning close-mindedness, and they were of the view that printing money to resolve market issues will not impact inflation.

Read More @Zero Hedge HERE

Assessment: Inflation doesn’t stop at the supermarket but continues at the fuel station, where gasoline prices have jumped to seven-year highs …

Soaring supermarket prices might not seem like a big issue for the top 10% of Americans who’ve enjoyed a period of asset price inflation thanks to the Federal Reserve, but for the working poor who don’t own assets and are stuck in a renting society, every single price increase for food is eating away at their real wages.

Add milk to the long list of foods that are getting more expensive at supermarkets across the country. Bloomberg reports retail prices for a gallon of milk are up 26% at $3.59 since bottoming at $2.84 in July 2018.

“You have sown much, and bring in little; You eat, but do not have enough; You drink, but you are not filled with drink; You clothe yourselves, but no one is warm; And he who earns wages, Earns wages to put into a bag with holes.” Haggai 1:6

There are several factors at work pushing milk prices higher. First, the number of dairy cows has collapsed to the lowest in a decade, which crimps output. Foreign dairy producers, such as major ones in the European Union, New Zealand, and Australia, are also experiencing declining outputs. On top of this all, the cost to feed dairy cows and operate a dairy farm is becoming more expensive thanks to soaring commodity prices, suggesting prices will continue to rise well into 2022.

For the average household, dozens of gallons of milk are purchased each year, and for the working poor, every incremental price increase adds up. But it’s not just milk and dairy products that are on the rise, almost every product at the grocery store has jumped in the past year. For example, meat prices — boneless chuck roast have risen 28% in the last year.

Read More @ Zero Hedge HERE