{"id":1475724,"date":"2022-05-15T07:44:40","date_gmt":"2022-05-15T11:44:40","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1475724"},"modified":"2022-05-15T07:45:23","modified_gmt":"2022-05-15T11:45:23","slug":"biden-plans-to-go-big-on-clean-energy-in-desperate-attempt-to-fight-inflation","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-plans-to-go-big-on-clean-energy-in-desperate-attempt-to-fight-inflation\/","title":{"rendered":"Biden Plans to Go Big on \u201cClean Energy\u201d in Desperate Attempt to Fight Inflation"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-plans-to-go-big-on-clean-energy-in-desperate-attempt-to-fight-inflation%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1475724&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><aside class=\"single__inline-module alignleft\">\n<div class=\"inline-module inline-module--columnist inline-module--author\">\n<div class=\"inline-module--author__img\">\n\t\t\t\t\t<\/div>\n<\/div>\n<\/aside>\n<p>If <a href=\"https:\/\/nypost.com\/2022\/02\/25\/sleepy-joe-must-stop-dreaming-face-facts\/\">Sleepy Joe Biden<\/a> just didn\u2019t trip over every other word, he could be much more effective in his divisiveness.<\/p>\n<p>That was the assessment after our president\u2019s <a href=\"https:\/\/nypost.com\/2022\/03\/29\/biden-is-living-in-an-alternate-reality\/\">latest tone deaf, erratic,<\/a> often nasty and definitely embarrassing display of economic ineptitude from a group of Wall Street execs I often lean on to gauge the pulse of what the financial sector is thinking.<\/p>\n<p>Some of them voted for Biden; none of them could be characterized as MAGA-hat wearing Trump supporters. But all were in agreement that Biden\u2019s speech <a href=\"https:\/\/nypost.com\/2022\/05\/12\/president-joe-biden-warns-dems-over-inflation\/\">Tuesday on inflation,<\/a> and how he plans to fight it, was odd on so many levels \u2014 including but not limited to the bumbling presentation.<\/p>\n<p>A few of them were even yearning for the good old days when The Donald was in the White House. Yeah, they hated <a href=\"https:\/\/nypost.com\/2022\/05\/13\/trump-says-elon-musk-wont-buy-twitter-at-ridiculous-price\/\">Trump\u2019s mean tweets<\/a> and petty feuds with people who crossed him (either real or imagined). But at least he kept things interesting and at bottom his economic policies <a href=\"https:\/\/nypost.com\/2019\/12\/02\/trump-reinstates-tariffs-on-us-steel-and-aluminum-from-brazil-and-argentina\/\">were fairly competent.<\/a><\/p>\n<p>You really can\u2019t say that about Biden. The most memorable thing about his speech aside from its halting delivery was that he blamed everyone for raging inflation but his <a href=\"https:\/\/nypost.com\/2022\/05\/11\/gop-hammers-joe-biden-on-40-year-inflation-high\/\">own inflationary policies.<\/a> Most to blame, according to Biden, is Vladimir Putin and his invasion of the Ukraine, which is adding to inflationary pressures because of the sanctions against Russia, a major energy manufacturer, is <a href=\"https:\/\/nypost.com\/2022\/05\/09\/energy-agency-embarrassed-by-bidens-oil-reserves-tap-report\/\">roiling the oil markets.<\/a><\/p>\n<p>But those inflationary pressures were apparent long before the war. The White House\u2019s green-energy policies began depressing oil supply and squeezing <a href=\"https:\/\/nypost.com\/2022\/05\/10\/ny-gas-prices-hit-record-high-as-inflation-slams-wallets\/\">consumers at the pump<\/a> just as the new administration went on a spending spree that goosed consumer demand for every commodity including food and gasoline.<\/p>\n<p>Recall the words of Larry Summers, the <a href=\"https:\/\/nypost.com\/2021\/11\/11\/ex-treasury-secretary-biden-behind-the-curve-on-inflation\/\">Obama-Clinton economist.<\/a> Summers, hardly part of the MAGA crowd, predicted long before the Ukraine conflict that the blow-out spending Biden pushed through a Democratic-controlled Congress would spark \u201970s style price increases.<\/p>\n<h2>Economic barriers<\/h2>\n<p>Such economic illiteracy is scary in a president. It\u2019s also frightening that the president\u2019s inflation speech attacked Putin almost as much as his fellow Americans who voted for Trump. He called them \u201cUltra MAGA\u201d <a href=\"https:\/\/nypost.com\/2022\/05\/10\/inflations-roaring-and-all-biden-can-offer-is-a-recycled-pack-of-lies\/\">or \u201cMAGA Republicans\u201d<\/a> as if they\u2019re some strange new species of animal that pulled the lever for the former president.<\/p>\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/WindmillTurbines.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/05\/WindmillTurbines.jpg\" alt=\"Land-based windmills in Atlantic City N.J. that help power a sewage treatment plant.\" class=\"wp-image-22274780\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/WindmillTurbines.jpg?quality=75&#038;strip=all&#038;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/WindmillTurbines.jpg?quality=75&#038;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/WindmillTurbines.jpg?quality=75&#038;strip=all&#038;w=512 512w\" \/><\/a><figcaption>The Biden administration believes windmill turbines will blow out inflation crippling American wallets.<\/figcaption><figcaption><span class=\"credit\">AP Photo\/Wayne Parry<\/span><\/figcaption><\/figure>\n<p>He lumped them in with equally abhorrent Sen. <a href=\"https:\/\/nypost.com\/2022\/05\/10\/joe-biden-blasts-rick-scott-for-incapacitated-comments\/\">Rick Scott of Wisconsin<\/a> (his words not mine; I know Scott represents Florida) claiming, falsely, that the GOP wants to raise taxes and allow corporations to have their way by not paying their fair share.\u00a0<\/p>\n<p>Funny, the last tax increase put in legislation that I can recall was Biden\u2019s doomed Build Back Better <a href=\"https:\/\/nypost.com\/2022\/03\/28\/bidens-budget-proposal-would-laughable-if-it-werent-so-alarming\/\">multitrillion-dollar spending <\/a>fiasco which would have primed our already sky-high inflation rate of 8.3% well into the double digits.<\/p>\n<p>To remedy inflation, Biden\u2019s is planning to go big in so-called clean energy (i.e., windmills, EVs, and solar) that reduce our dependence on foreign oil. OK, but when will windmills and EVs really replace what we rely on now for energy and transportation? Certainly not now as Tesla EV <a href=\"https:\/\/nypost.com\/2022\/05\/13\/elon-musk-says-twitter-deal-temporarily-on-hold\/\">creator Elon Musk<\/a> recently pointed out.<\/p>\n<p>I can go on and on \u2014 Biden even claimed falsely we would have more domestic oil production, thus <a href=\"https:\/\/nypost.com\/2022\/05\/13\/gas-prices-hit-record-high-analysts-say-get-used-to-it\/\">lower gas prices<\/a> and less inflation, if Big Oil wasn\u2019t sitting on licenses to drill. He left out how the feds won\u2019t green-light other permits that are needed.<\/p>\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/Gasprices-1.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/05\/Gasprices-1.jpg\" alt=\"A general view of $4.00 gas prices at an Exxon gas station in Hawthorne, NJ on May 10, 2022.\" class=\"wp-image-22274787\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/Gasprices-1.jpg?quality=75&#038;strip=all&#038;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/Gasprices-1.jpg?quality=75&#038;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/Gasprices-1.jpg?quality=75&#038;strip=all&#038;w=512 512w\" \/><\/a><figcaption>Team Biden refuses to invest in American oil production, causing gas prices to skyrocket.<\/figcaption><figcaption><span class=\"credit\">Christopher Sadowski<\/span><\/figcaption><\/figure>\n<p>Some people might be fooled by his speech, but again, I couldn\u2019t find any among my Wall Street sources. The markets sniffed out all the president\u2019s absurdity by <a href=\"https:\/\/nypost.com\/2022\/05\/06\/stock-market-troubles-could-get-worse-bank-of-america-warns\/\">selling off the Dow<\/a> nearly every day since he gave the speech.<\/p>\n<p>Is the president a liar? Maybe, but he also might really believe these lies. And that\u2019s terrifying.<\/p>\n<h2>Disney whirled\u00a0<\/h2>\n<p>Florida Gov. Ron DeSantis keeps notching victories over the <a href=\"https:\/\/nypost.com\/2022\/04\/29\/inside-the-disney-familys-not-unified-front-amid-dont-say-gay-outrage\/\">woke Disney entertainment<\/a> and theme-park empire \u2014 which thought it was a smart idea to oppose a state law preventing children <a href=\"https:\/\/nypost.com\/2022\/05\/12\/mississippi-school-board-upholds-firing-over-i-need-a-new-butt-book\/\">from being indoctrinated <\/a>about sex in kindergarten.<\/p>\n<p>And aides to the governor says he\u2019s itching for more.<\/p>\n<p>Disney\u2019s opposition to that very sensible law for reasons only the most woke among us can fathom prompted the Florida governor and legislature to end the House of Mouse\u2019s <a href=\"https:\/\/nypost.com\/2022\/04\/20\/florida-lawmakers-vote-to-end-disneys-tax-privilege-self-governing-status\/\">special tax treatment<\/a> in the state. Lefties cried foul, then a lawsuit was filed by a trio of state residents who argued that somehow they were injured because one of the world\u2019s biggest companies had its First Amendment rights violated by not getting corporate welfare.\u00a0<\/p>\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/Ron-DeSantis-2.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/05\/Ron-DeSantis-2.jpg\" alt=\"Florida Gov. Ron DeSantis\" class=\"wp-image-22274795\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/Ron-DeSantis-2.jpg?quality=75&#038;strip=all&#038;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/Ron-DeSantis-2.jpg?quality=75&#038;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/Ron-DeSantis-2.jpg?quality=75&#038;strip=all&#038;w=512 512w\" \/><\/a><figcaption>Florida Gov. Ron DeSantis demonstrates how to punish companies who try to interfere with legislation.<\/figcaption><figcaption><span class=\"credit\">Ellen Schmidt\/Las Vegas Review-Journal via AP<\/span><\/figcaption><\/figure>\n<p>Last week the case was laughed out of court, and <a href=\"https:\/\/nypost.com\/2022\/05\/09\/desantis-makes-nov-7-victims-of-communism-day-in-fl-schools\/\">DeSantis is still enjoying<\/a> taking it to Disney and winning, I am told. Aides to the Florida governor tell Fox Business\u2019s Eleanor Terrett their polling shows that even 55% of Florida Democrats believe kids don\u2019t need to be lectured about sex.<\/p>\n<p>\u201cOf course we don\u2019t wish any company to fail but weighing in on these social issues is just not good for business,\u201d a DeSantis aide said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If Sleepy Joe Biden just didn\u2019t trip over every other word, he could be much more effective in his divisiveness. That was the assessment<\/p>\n","protected":false},"author":498,"featured_media":2315279,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1475724","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1475724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/498"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1475724"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1475724\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1475724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1475724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1475724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}