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« Daily Tech News 18 June 2024 | Main | Mid-Morning Art Thread »
June 18, 2024

The Morning Report — 6//18/24

MR6-18-24.jpg

Good Morning Kids. This story just underscores the abject failure of Democrats and Leftism on so many levels:

A Secret Service agent was reportedly robbed at gunpoint in Tustin, California, while off-duty during President Joe Biden’s campaign stop with former President Barack Obama and some celebrities. CBS News reported that the off-duty agent’s bag was stolen “Saturday night at about 9:30 p.m.” The agent was able to draw his own gun and fire at the alleged robber, but it is unknown if the suspect was hit. The alleged robber managed to escape. . .

California has more gun control than any state in the Union. Those controls include universal background checks, a red flag law, a ten-day waiting period on gun purchases, firearm registration requirements, an “assault weapons” ban, a ban on carrying concealed for self-defense on college campuses, a ban on teachers being armed in K-12 schools for self-defense, a limit on the number of guns law-abiding citizens can buy in a given month, and controls on ammunition as well.
Despite these gun controls, California led the nation in “active shooter incidents” in 2021.

On top of the epic failure that is gun control to supposedly control crimes and violence, we have a wide open border where criminality on every level is flooding in on top of the intentional decriminalization of crime itself via with the defund the police and decarceration movements.
No wonder, the remaining normal relatively sane Californians are fleeing in droves.

Can any of us truly escape the nightmare we find ourselves in.

The petrodollar agreement with Saudi Arabia began in 1974, two years into Joe Biden’s first term as a United States senator. It ended this week, a half-century later, during Biden’s first term as [spurious]U.S. president.

Among all the news stories that matter, few rank higher than this. It’s bigger than President Trump and Hunter Biden’s convictions, bigger than jobs reports and inflation numbers, and perhaps even bigger than the southern border crisis. The end of the petrodollar is the end of the United States as the world’s lone superpower.

Until last week, the petrodollar was America’s dominance of the global economy. It solidified the oil industry as a thoroughly American industry in which other nations merely partook. In the way Henry Ford didn’t invent the car but rather invented the automobile industry, which brought cars to the masses, American titans like Charles Pratt and Henry Flagler and the great John D. Rockefeller didn’t invent oil refining. They invented the oil industry, which brought petrochemical products to the masses. The oil industry is American, and as much as it exists around the world in places like Venezuela and the Middle East, it is because Americans led the way.

Oil, as a global commodity, is American, thoroughly utterly American, and as such is traded globally in U.S. dollars, as it should be. Until now.
Here’s an analogy to understand the currency of oil trades: You are on vacation in a foreign country and want to purchase something. The seller tells you in English, because everyone seems to speak English, it costs NNN pesos, euro, Canadian, etc. But if you have $20 cash, it’s a deal. It saves you a monetary conversion. It is even a better deal. It is a win for you and for the seller. In a small way, it is a “win” for America as the American dollar replaces the local currency. In that tiny, $20 transaction, buying a trinket for mom from a street vendor, America won. . .

. . . Biden wants to forgo the oil industry and replace it with the Chinese green industry for something climate change existential crisis … as he himself would say “you know, the thing.” It is only a matter of time until America is hooked on Chinese green the way Americans are poisoned by Chinese fentanyl, and then China asks us to convert our currency to theirs for ongoing purchases. As America built the Saudi and Russian oil industries, we are now building the Chinese green industry.

This from the same people who will tell us “America First” is a form of hate speech.

Meanwhile, Joey Sponge-Brain Shits-Pants is all set to completely drain our Strategic Petroleum Reserve to artificially keep gas prices from spiking right before the election.

“The Biden-Harris Administration is laser-focused on lowering prices at the pump for American families, especially as drivers hit the road for summer driving season,” Secretary of Energy Jennifer Granholm said in May. The government spending money to buy oil and then release it (while blocking domestic drilling) isn’t actually saving American families money. It’s a bait and switch. And here comes the big one. President Joe Biden is prepared to release more oil from the country’s strategic reserves if gas prices increase during the summer. “We will do everything we can to make sure that the market is supplied well enough to ensure as low [a] price as possible for American consumers,” Special Presidential Coordinator for Global Infrastructure and Energy Security Amos Hochstein told the Financial Times. “I think that we have enough in the SPR if it’s necessary.”

It's all for our own good, lest Orange Man Bad who is being turned into Orange Mandela day by day, return to attempt to halt the insanity, if only for a short while:

From friend of the blog and dear friend Michael Walsh:

So, having unhorsed Trump in 2020 but now at least temporarily stuck with a senile old man who was once Barack Obama's vice president and who continues to be his flunky, and are constrained by reality from replacing him with Kamala Harris, they have to start battlefield prep on other fronts.
The ever-helpful Times has been waging a years-long attack on the John Roberts Court, and specifically on Justices Clarence Thomas and Samuel Alito, and just published a story about how -- amazingly -- the Court is losing respect among the American public, written by the stealth-partisan Linda Greenhouse, who covered the Court for the paper for many years and now teaches at Yale Law School. True, the public observance of "Pride Month" has been noticeably quieter this year as corporations tiptoe past the head of a Bud Light transvestite up on a pike, but there are still Nazis to fight, exotic sexual practices to celebrate, a "racial reckoning" still to come, and Gaza fighters, murderers, and rapists to extol.
At his concession speak after losing the nomination to incumbent Democrat Jimmy Carter at the 1980 convention, Ted Kennedy concluded: "the work goes on, the cause endures, the hope still lives, and the dream shall never die." In their house, they believe their own version of the shahada: From the river to the sea, black lives matter, trans rights are human rights, beware of the bird flu, Trump must be stopped, and Mississippi is still burning.

On a personal note, I cannot express my profound gratitude for all the love and support in the comments you have shown me. Starting next week chemo and radiation. Oh joy.


    ABOVE THE FOLD, BREAKING, NOTEWORTHY

  • Michael Walsh: As they say, history is written by the winners. Now, however, the Times let the word go forth, from this time and place: even if they can't stop Trump from winning in a campaign against a corrupt, barely articulate, superannuated, semi-ambulatory rutabaga named Joseph Robinette Biden, Jr., the Left is fully prepared to obstruct his second administration by -- to use their favorite expression, "any means necessary."
    Battle Stations, Everyone
  • The Supreme Court’s anticipated overturning or limiting of the Chevron doctrine will enhance regulatory certainty—without harming public health.
    Pushing Back on Deference
  • The most prolific source of error today is the confusion of moral judgments with irrefutable truth.This confusion is wholly intentional: It’s the ultimate weapon in the war between frameworks of understanding. At every step, terms like “racist,” “fascist” and “colonizer” explode around us, inflicting their fair share of casualties. The terms are meant as statements of fact and are usually taken as such.
    How society survives the world after the Truth is set on fire


NOTE: The opinions expressed in the links may or may not reflect my own. I include them because of their relevance to the discussion of a particular issue.

ALSO: The Morning Report is cross-posted at CutJibNewsletter.com if you want to continue the conversation all day.

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