Political Disapproval of Private Enterprise Production

The Wall Street Journal‘s editors are touting the withdrawal of Sarah Bloom Raskin from the nomination to the Federal Reserve Board’s Vice Chairman position, laying that defeat off to this:

But Ms Raskin’s most significant opponent was her oft-expressed view that the Fed and other regulators should deny credit to companies that produce or heavily consume fossil fuels.

It’s good that this one failed, but it’s just an early skirmish.

The problem is broader than this. It’s dangerous to our republican democracy that anyone would be nominated to the Fed or to any Executive Branch position who would willingly abuse that position’s authority to discriminate against any government-disapproved American enterprise.

Logistics and Transfers

A retired USAF Captain, in his Letter in Sunday’s Wall Street Journal, laid out a long list of logistical impediments to Poland transferring “up to” 28 of its MiG-29s to Ukraine for the latter’s defense against the invading Russian barbarians.

The 35-year-old Soviet aircraft will need a staging area, a quality fuel supply, Ukrainian-compatible communications, compatible ordinance hard mounts and supporting electronics, spares for battle damage and routine mechanical failures, forward air controllers, IFF (identify friend or foe) interrogation, electronic warfare to combat surface-to-air missiles, and a secure radar and GPS to get around and defeat jamming efforts. The Ukrainian pilots already qualified on the NATO Fulcrum MiG-29 will also need differences training….

That is indeed a valid set of impediments to transferring Poland’s MiGs to Ukraine. But those impediments are surmountable.

The political impediments—Biden’s backing away from Putin’s blandishments—are not valid. Sadly for Ukraine’s welfare, they’re also not surmountable until Biden is removed from the White House, and that won’t come until far more Ukrainians are butchered by the barbarian invaders.

Drill, Baby, Drill

Progressive-Democrats really do not want our nation to be energy independent or to be able to support our friends and allies—and acquaintances around the world—with energy exports for the foreseeable future. For motives known only to themselves, they want to kill our energy capability until their dream of “green” energy comes to fruition, in that future distant beyond the foreseeable.

Senate Democrats are threatening to punish US oil companies with a windfall-profits tax if they increase production.

This also illustrates Progressive-Democrats’ utter disinterest in the way economics and economies work (I’m reluctant to say these Know Betters are ignorant of those ways).

The Senators plan would require companies that produce or import at least 300,000 barrels of oil per day (or did so in 2019) to pay a per-barrel tax equal to 50% of the difference between the current and average price between 2015 and 2019 (about $57 a barrel).

Since increasing supply relative to demand brings down price, one counter to this Progressive-Democrat war on our energy economy is to drill, baby, drill.

Another counter becomes available this fall—we need to fire Progressive-Democrats from our State and Federal governments so that energy producers can drill, baby, drill.

Stepping Up

Former Presidential Advisor Kellyanne Conway thinks President Joe Biden (D) needs to stop blaming us Americans for our nation’s problems and instead to step up and actually work on our problems, actually acknowledge who we are.

You cannot have an American president that has an America-last policy and blames Americans and America for what’s going wrong. He needs to step up and reflect the best of who we are.

But that’s hard to do for a President who openly thinks 15% of us are just no good. It’s hard to do for the head of a party that pushes its own racist identity politics while insisting, through Party’s enthusiasm for CRT, that we as a nation are fundamentally racist.

Cheering

Russia has invaded Ukraine and is deliberately butchering women and children, bombing hospitals, schools, residential neighborhoods, even shooting at nuclear reactors in civilian power plants, and a Progressive-Democrat pollster for President Joe Biden (D) is cheering them on. Lake Research Partners’ Celinda Lake:

The good news is we now have a very specific reason for rising gas prices and a specific villain[.]

This Progressive-Democrat is happy to sit in the coliseum cheering for the mayhem below—because that’s good for the Progressive-Democratic Party. She’s not the least bit interested in the butchery beyond the fact of its existence and its perceived Party benefits.