For a man who constantly claims to support "Buy American," Joe Biden demonstrates an inexplicable and…
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Inexcusable and Dangerous: Biden Administration Surrenders U.S. Patent Rights to World Trade Organization (WTO)

For a man who constantly claims to support "Buy American," Joe Biden demonstrates an inexplicable and almost fetish-like tendency to undercut American industries.

Since day one, the Biden Administration has ceaselessly besieged a domestic energy sector that finally achieved U.S. energy independence after decades of effort.  And now, it is following through on its inexcusably foolish assault against the U.S. pharmaceutical sector.

Each year, American pharmaceutical innovators account for an astounding two-thirds of all new lifesaving drugs introduced worldwide.  That's the direct result of our system of intellectual property (IP) protections, including patents, which consistently leads the world.

Instead of protecting that legacy of American Exceptionalism, however, the Biden Administration…[more]

June 17, 2022 • 12:30 PM

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Notable Quotes
 
On Iran:
 
 

"As if we didn't have enough to worry about: This week Iran escalated its war against the West.

"On June 8 the International Atomic Energy Agency (IAEA) passed a resolution calling on Iran to explain traces of uranium that it found at three undisclosed sites of nuclear activity. Hours before the IAEA vote, Iran disconnected security cameras from one of its declared nuclear sites. Then Iran began taking down IAEA cameras throughout its territory. The world's nuclear watchdog is flying blind. 'When we lose this,' IAEA director Rafael Mariano Grossi told reporters, 'then it's anybody's guess' what Iran is doing.

"But we know what Iran is doing. Iran is playing hardball. For over a year now, the Biden administration and its European partners have attempted to lure Iran back into the 2015 nuclear deal, a.k.a. the Joint Comprehensive Plan of Action (JCPOA). Those negotiations have failed. Iran keeps upping the ante. It wants Biden to drop sanctions on the Islamic Revolutionary Guard Corps, its terrorist army, and to guarantee that future presidents won't back out of the deal. The first demand is harmful to national security and a political hot potato. The second is impossible. Result: deadlock.

"Deadlock that favors Iran. The mullahs have used the months of jaw-jaw to prepare for war-war. Ayatollah Khamenei has placed radicals in top positions, including the presidency. His proxy forces have spread violence in Iraq, Yemen, and throughout the Greater Middle East. He has plotted to assassinate U.S. officials. He has evaded sanctions. And he has built up his stockpile of nuclear fuel."

Read the entire article here.

 
 
— Matthew Continetti, Resident Fellow at the American Enterprise Institute and Founding Editor of Washington Free Beacon
— Matthew Continetti, Resident Fellow at the American Enterprise Institute and Founding Editor of Washington Free Beacon
Posted June 10, 2022 • 07:07 AM
 
 
On News That the Pentagon Offered to Send National Guard Troops to the U.S. Capitol Four Days Prior to the Jan. 6 Riots::
 
 

"The Pentagon first raised the possibility of sending National Guard troops to the U.S. Capitol four days before the Jan. 6 riots, setting in motion a series of rejections by Capitol Police and Democrats that left Congress vulnerable as threats of violence were rising, according to government memos that validate Trump administration officials' long-held claims.

"An official timeline of the Jan. 6 tragedy assembled by Capitol Police shows that a Defense Department official reached out to a Capitol Police deputy chief, Sean Gallagher, on Jan. 2, 2021 to see if a request for troops was forthcoming, but the offer was quickly rejected after a consultation with then-Chief Steve Sund."

Read the entire article here.

 
 
— John Solomon, Editor in Chief of Just the News
— John Solomon, Editor in Chief of Just the News
Posted June 09, 2022 • 08:11 AM
 
 
On the Untold Story About Green Energy:
 
 

"The untold story about 'green energy' is that it can't possibly be scaled up to provide anywhere near the energy to replace fossil fuels. (Unless we are headed back to the stone ages, which is what some of the 'de-growth' advocates favor).

"Right now, the United States gets about 70% of its energy from fossil fuels. To go to zero over the next 20 years would be economically catastrophic and cost tens of millions of jobs. With gas prices at nearly double their price back from when Donald Trump left office and inflation up from 1.5% to 8% in just 15 months, we are already experiencing the economic damage from the green energy crusaders.

"But we also have to ask whether green energy is even good for the environment. Some environmentalists are pointing to a little-noticed study by the World Bank showing that moving toward 100% solar, wind and electric battery energy would be just as destructive to the planet as fossil fuels. This was precisely the conclusion of a story in Foreign Policy magazine, hardly a right-wing publication.

"According to the Foreign Policy analysis, moving to a 'carbon-free' energy future 'requires massive amounts of energy, not to mention the extraction of minerals and metals at great environmental and social costs.'"

Read the entire article here.

 
 
— Stephen Moore, Author, Economist and Fox News Contributor
— Stephen Moore, Author, Economist and Fox News Contributor
Posted June 08, 2022 • 07:48 AM
 
 
On Rising Gas Prices and President Biden's Hostility Towards Oil and Gas:
 
 

"Gas prices are now more than double what they were when President Joe Biden took office just 18 months ago. ...

"Speaking in Japan last month, President Biden celebrated the high prices as 'an incredible transition' while increasing his push for the Democrats' energy agenda that prioritizes the suppression of oil and gas production.

"'When it's over, we'll be stronger and the world will be stronger and less reliant on fossil fuels,' Biden said. ...

"Despite soaring energy prices, which are in large part a consequence of the administration's enthusiastic forfeiture of the energy dominance inherited from the Trump White House, Biden announced a major push to promote unreliable solar power to replace coal, oil, and natural gas on the power grid. The president invoked the Defense Production Act to manufacture new panels while waiving import tariffs on solar supplies for 24 months. Last month, CBS News revealed that Biden canceled more oil and gas projects in Alaska and the Gulf of Mexico."

Read the entire article here.

 
 
— Tristan Justice, The Federalist
— Tristan Justice, The Federalist
Posted June 07, 2022 • 08:25 AM
 
 
On Dismal Public Confidence in President Biden's Ability to Handle Crises:
 
 

"What's a president to do when his polling numbers are stuck in the basement?

"Joe Biden is hoping to figure that out, trying speeches, and policy gambits, and photo ops. But as a White House event this past week showed, success isn't coming easy.

"After meeting with administration officials and baby formula manufacturers about the severe shortage here, Biden struggled to inspire confidence as reporters battered him with questions about that crisis and several others he's facing.

"Biden flatly admitted he didn't know the formula shortage was a serious problem until April, weeks after the initial recall in February that triggered it. Asked what he would do about record-breaking gas prices, which have strained family budgets and driven up inflation, he argued they "could be higher" if not for steps his administration had taken and said he cannot "click a switch" and bring the cost down.

"And finally, as he was walking out of the White House auditorium Wednesday, Biden was asked if he was confident Congress would pass gun safety legislation in the wake of recent mass shootings targeting elementary school students in Texas and Black grocery shoppers in Buffalo. "I served in Congress for 36 years. I'm never confident, totally," he said. "And I don't know. I've not been in on the negotiations that are going on right now."

"In a nation buffeted by one crisis after another, Biden has had difficulty not only in solving the complex challenges facing him but in simply projecting to the public that he's up to the task. Touted as the most experienced person ever to occupy the Oval Office, Biden has faced questions about his expertise in leading the federal bureaucracy, pushing legislation through Congress, and navigating foreign affairs -- and his approval rating has tumbled accordingly."

Read the entire article here.

 
 
— Jim Puzzanghera, The Boston Globe
— Jim Puzzanghera, The Boston Globe
Posted June 06, 2022 • 08:32 AM
 
 
On the Moral Failure of America's Leaders:
 
 

"It's a standard pattern. After a horror like the Uvalde, Texas, school shooting, pundits, journalists and politicians come forward to say that the event is evidence of some deep moral failure, a flaw in America's soul. Predictably enough, of course, they then preach that salvation can only come by doing what they want.

"But when the facts come in, it invariably turns out that the tragedy doesn't stem from a spiritual failing in America but rather from the fact that some (most?) of our institutions are run by creeps, crooks and incompetents. ...

"Our ruling class keeps failing, and somehow it's supposed to be because of Americans' moral failings. But if Americans have a moral failing, it's in tolerating rule by the cast of clowns in charge of our institutions."

Read the entire article here.

 
 
— Glenn Harlan Reynolds, Professor of Law at the University of Tennessee and Founder of InstaPundit.com
— Glenn Harlan Reynolds, Professor of Law at the University of Tennessee and Founder of InstaPundit.com
Posted June 03, 2022 • 08:13 AM
 
 
On President Biden and the Infant Baby Formula Shortage:
 
 

"President Joe Biden is trying to quell a political firestorm facing his presidency over the baby formula shortages, amid criticism from lawmakers and others that his administration was too slow to respond. FDA Commissioner Robert Califf recently admitted that agency officials 'were too slow and some decisions in retrospect could have been more optimal' in their response to reports last fall of infants being hospitalized after consuming formula from the Abbott Nutrition plant in Sturgis, Mich., which is at the center of the current shortages. Abbott temporarily shut the plant down in February and issued a recall of some of the formula made there.

"Formula manufacturers, some of whom met with the president at the White House on Wednesday afternoon, said they knew immediately that the Abbott plant shutdown and recall would create serious supply issues. 'From the moment that that recall was announced we reached out immediately to retail partners like Target and Walmart to tell them this is what we think will happen,' Robert Cleveland, a senior vice president with Reckitt, told Biden.

"Lawmakers have raised questions about why the Biden administration didn't take steps on importing formula or other emergency responses until May.

"Pressed by reporters after the meeting about the White House waiting until spring to respond, despite the fact that formula manufacturers knew right away that there would be problems, Biden responded, 'They did, but I didn't.'"

Read the entire article here.

 
 
— Meredith Lee, Politico
— Meredith Lee, Politico
Posted June 02, 2022 • 08:31 AM
 
 
On Bidenflation:
 
 

"The Congressional Budget Office has just confirmed that President Joe Biden is blameworthy for the record-high inflation that is punishing workers. Further, this nonpartisan source says that Biden's preferred fix, raising taxes, will only make the economy worse.

"The CBO's annual economic outlook adds further force to the arguments against Biden made by other Democrats, such as former President Barack Obama's National Economic Council director, Larry Summers, and Council of Economic Advisers Chairman Jason Furman. The CBO squarely blames Biden's 2021 COVID stimulus bill for today's high inflation, albeit for slightly different reasons.

"Like Summers and Furman, the CBO noted that the stimulus checks sent to every family significantly boosted demand, causing inflationary pressure on its own. But there's more. By paying workers not to work, Biden's COVID stimulus artificially 'slowed the recovery of labor force participation.' As noted by Texas Rep. Kevin Brady, the top Republican on the Ways and Means Committee, this lack of workers strained supply chains, thus providing a second source of upward pressure on prices.

"The CBO predicts that this Biden-caused inflation will persist into next year, tempered only by the Federal Reserve's willingness to raise interest rates, which will, in turn, cause the economy to slow or even contract."

Read the entire article here.

 
 
— The Editors, Washington Examiner
— The Editors, Washington Examiner
Posted June 01, 2022 • 08:37 AM
 
 
Reporting on Inflation and the U.S. Savings Rate:
 
 

"Americans are saving less, a potentially troublesome sign for the U.S. economy.

"The personal savings rate, as a percentage of disposable income, fell to 4.4% in April, the lowest level since 2008 according to the Commerce Department. Total savings slipped to $815 billion. For some, the decline is a red flag for consumer spending, which accounts for 70% of gross domestic product (GDP).

"'We're starting to dip into savings because what generally happens in periods of inflation is you see demand destruction because prices just get too high and people just stop consuming whatever it is,' said Mitch Roschelle, Macro Trends Advisors LLC founding partner. 'While we haven't truly seen demand destruction yet, the first thing that happens is people start dipping into savings because they're not willing to slow down consumption.'"

Read the entire article here.

 
 
— Suzanne O'Halloran, Managing Editor of FOXBusiness.com
— Suzanne O'Halloran, Managing Editor of FOXBusiness.com
Posted May 31, 2022 • 08:33 AM
 
 
In Recognition of Memorial Day:
 
 

"Our flag does not fly because the wind moves it. It flies with the last breath of each soldier who died protecting it."

 
 
— Unknown
— Unknown
Posted May 26, 2022 • 08:23 AM
 
Quiz Question   
What is the current estimate of collective losses to American retirement accounts since January 2022?
More Questions
Notable Quote   
 
"Mocking climate-change warriors for their private jets and yachts, far-flung vacation homes, and chauffeured SUVs has become routine among jaundiced observers of the world's increasingly numerous environmental conferences. Such mockery hasn't had the slightest effect on the conferees' conspicuous consumption of the miraculous products of Western innovation and capitalism. The celebrities and climate…[more]
 
 
—Heather Mac Donald, Thomas W. Smith Fellow at the Manhattan Institute, Contributing Editor of City Journal, and New York Times Bestselling Author
— Heather Mac Donald, Thomas W. Smith Fellow at the Manhattan Institute, Contributing Editor of City Journal, and New York Times Bestselling Author
 
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