Tag Archives: political parties

A Critical Item

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President Joe Biden (D) wants half the new cars sold in the US to be electric, and he wants and 500,000 new charging stations for them, both by 2030. He considers reliable EV charging stations to be critical to getting us switched over to battery cars.

Charging stations are necessary (assuming the switchover itself is necessary; it’s not, but that’s a separate story), but they’re far from sufficient. The important thing here is reliable electricity running to each charging station—electricity from the grid. But that requires hydrocarbon-powered electricity generating plants, and it requires the electric grid, itself barely able to handle current loads—see the rolling blackouts that are routine in California and that have become a risk in Texas—to be upgraded to handle the vastly increased loads imposed by all those battery-powered vehicles, whether charged at the charging stations or in the home garage.

Also necessary, but not sufficient even in concert with the above, is an adequate definition of “fast charging.” If a battery-powered vehicle cannot be charged to the 400-mile range of a full gasoline tank in substantially the same 5 minutes it takes to “charge” that gasoline tank to an internal combustion engine-powered car to a 400-mile range, the battery-powered vehicle will remain impractical.

The true Critical Items, then, are at the origin and near-origin: deregulating domestic oil and natural gas production and deregulated electricity generation so there will be energy to put onto that upgraded grid.

“New Dems are ready to deliver”

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That’s what Congressman Scott Peters (D, CA) claims in his Thursday Fox News op-ed. But deliver on what? And deliver how?

Last year, our country was still recovering from the twin COVID-19 economic and public health crises.

Our economy had been recovering—burgeoning—from the Wuhan Virus’ (and Government’s reaction to it) impact on it since 2020 late summer, and we’d been recovering from the Wuhan Virus situation itself since roughly the same time frame as palliatives and treatment techniques were developed, and then as two vaccines aimed specifically at the virus were developed and approved for emergency use.

Last year—2021, the first year of the Progressive-Democratic Party’s control of both houses of Congress and of the White House—saw exploding regulation, overt shutdown of oil pipelines and of oil and natural gas drilling on Federal lands, and resulting historically high inflation, from which we’re still not even beginning to recover.

The Biden administration and Congress have taken steps to address inflation by improving our supply chains; releasing millions of barrels of oil from our strategic reserves; and rebuilding our roads, ports, and bridges.

In what way, exactly, have our supply chains been improved? We still have freight ships backed up at our ports, we’re still dependent on enemy nations like the People’s Republic of China for raw materials (rare earths and lithium, both raw and processed, to suggest just two), solar panels and panel components, a variety of types of computer chips, oil from OPEC (and potentially Iran and Venezuela), and on and on.

Releasing oil from our strategic reserves? That’s been tried three times now, by the Biden administration, and each has produced only a price drop of a couple of pennies that lasted only a couple of days—and what will Biden release when the reserves are expended? Furthermore, at what cost have these reserves been released? The Trump administration filled the reserves at the cost equivalent of $1.50-$2.00 per gallon of gasoline. Today’s cost is above $5.50/gallon (and rising). And Biden still refuses to allow oil (and natural gas) pipelines to be built and still is slow-walking leases (while canceling some) for oil and natural gas exploration and slow-walking permits actually to drill.

Rebuilding our roads…? How many projects have been started from that infrastructure bill enacted a year ago?

But we can’t stop here, and we won’t.

You need to, or you will be stopped. What you’re doing is destructive of our economy.

More Government Overreach

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And by the SEC, yet, which already has its extra-judicial structure of accuser, judge, punisher administrative law judge system in the Federal courts over the legitimacy of such an arrangement.

Now it’s the SEC-proposed rule that would require private enterprises—which by definition are outside the purview of the Securities and Exchange Commission—to open their books to public scrutiny and SEC approval.

Worse, a broad range of elites are supporting this naked overreach:

University endowments, insurance funds, and retirement funds serving teachers and firefighters are urging the Securities and Exchange Commission to move forward with a proposed rule that would ensure private-fund investors receive annual audits and quarterly statements.

Such a move would destroy the private nature and purpose of private enterprises—i.e., enterprises that are wholly owned by a small group of entity operators and which do not sell ownership shares on the open market or permit the owners’ own equity portions to be traded about on open markets.

But the rule-supporting elites give their game away:

Many pension plans are having a hard time meeting their payout obligations to members, the result of decades of underfunding, benefit overpromises, and unrealistic demands from unions.

So they want to get into private entities, even though those entities do not want the elites’ involvement—it’s part of why they’re, you know, private. But in order to do so, those private companies must open their books to the SEC—and the public.

It’s a bad rule, and it should be withdrawn by a serious SEC or blocked outright by Congress. This is a free market matter: if an investor doesn’t like the information he gets—doesn’t get—when he looks into a company with a view to investing, he’s free to not invest.

Full stop.

Open Season on Women and Children

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The Progressive-Democrats of Seattle have declared one.

The worsening staffing crisis at the Seattle Police Department has forced the defunded force to no longer take on new adult sexual assault cases this year, according to a newly revealed internal memo.
…
In the memo, titled “Staffing Issues,” Sgt. Pamela St. John said she currently is not able to assign new adult sexual assault cases “because of other statutory requirements.”
Just three years ago, the unit had 12 skilled detectives, but at the time the memo was written, there are only four remaining.

And

In the memo, St. John acknowledged that she was aware of 116 CODIS [Combined DNA Index System] hit returns that are outside the Cold Case backlog, which “I am not able to assign currently.”

It’s hard to believe that the Progressive-Democrats running Seattle weren’t aware that this sort of outcome would occur as a result of their determined defunding of the city’s police department. It’s plain that they know now, yet they continue to insist on defunding even further the city’s police.

What’s the Logic?

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President Joe Biden (D) has decided to forgive all $5.8 billion of the loans outstanding still held by the folks who went to any of the Corinthian Colleges institutions.

[T]he remaining 560,000 borrowers will be eligible for automatic discharges of their remaining Corinthian federal student-loan debt. All remaining federal loans held by anyone who attended a Corinthian school between its founding in 1995 and its 2015 closure are eligible.

Education Secretary Miguel Cardona:

As of today, every student deceived, defrauded, and driven into debt by Corinthian Colleges can rest assured that the Biden-Harris administration has their back and will discharge their federal student loans[.]

Either the Corinthian students were cheated, or they were not; I have questions. Notice that I’m eliding the question, here, of why us average American taxpayers should be on the hook for the misbehaving Corinthian Colleges’ pecadilloes.

Why does only some of the debt—the unpaid balances—get canceled? Why don’t the amounts already paid by those students with remaining debt balances also get returned?

Why aren’t the Corinthian students who paid off their debt—and there are quite a number—eligible for recompense?

Is Biden actually saying, with a straight face, that the students were cheated only to the extent they still owe money?

Help me understand the logic of this.