Tag: gasoline

Hakeem (dollar store obama) Jeffries

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House Minority Leader Hakeem Jeffries, the New York Democrat who apparently just discovered that gas prices exist, took a break from his “maximum warfare” rhetoric this week to fire off another desperate social media missile aimed at the only target he can think about night and day, Donald Trump.

Posting on X, Jeffries delivered this stunning piece of political analysis:

“The average gas price is now $4.55 per gallon. Is this what the golden age in America looks like?”
Riveting stuff.

The math is technically correct, AAA puts the national average at $4.56 as of this week. But here is the inconvenient little detail Jeffries forgot to mention. That number is still well BELOW the $5.02 record set in June 2022, when Joe Biden was still in the Oval Office and Hakeem could not be bothered to tweet about pump pain.

Funny how that works.

It gets better. The same Democratic Party now clutching pearls over $4.55 spent the last four years openly cheering for prices to go even higher. Remember when Transportation Secretary Pete Buttigieg told Congress that “the more pain” Americans felt at the pump, “the more benefit there is” for electric vehicle owners? Or when Energy Secretary Jennifer Granholm said gas price volatility was a reason to ACCELERATE the green transition?

They were perfectly fine with $10 gas if it meant herding you into an EV you did not want, charged on a grid that cannot handle it, plugged into infrastructure that does not exist, powered by electricity we do not have.

Now suddenly Jeffries is concerned about your wallet. How touching.

The truth is simpler than the spin. Hakeem Jeffries is staring down a midterm cycle where his party’s brand is in the toilet, so he is throwing whatever sticks against the wall.

Today it is gas prices. Tomorrow it will be something else. Anything to distract from the fact that for years his party told you to suck it up, buy a Tesla you cannot afford, and quietly accept your new energy reality.

You paid $5 under Biden because Putin. You are paying $4.55 now and somehow it is the end of the golden age. That is not policy analysis. That is panic disguised as a tweet.

Source: X, AAA, Fox News

Biden and Classified Documents

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Some of the facts about China Joe are starting to leak out in spite of the Legacy Media’s attempts to run cover for him; not to mention the DOJ and FBI.

Biden’s Inflation

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As we thought, Jun-CPI +9.1% (expected +8.8%). May-CPI +8.6%
Core was +.7% (expected +.5%).

Highest inflation in 41 years (since Reagan end of Carter-Reagan recession) and showing acceleration which will force Fed to more aggressively bring inflation down to 3-5% by raising short rates by 1% next week and again in Aug (no FOMC scheduled; may elect to hold ad hoc meeting between Jul.26 & Sep.20)

May-PPI (Thu) will likely show +11.5%, up from +10.8%.

Yield curve is now inverted by +11bp short-long (not insignificant) indicating recession ahead.

Continue the line upward to the right and near record levels.

VP Kamala Harris speaks

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VP Kamala Harris reportedly said: “Gas prices are high due to gas prices not being low as before. To get back to lower prices we have to acknowledge gas is high which is the opposite of low.”

Some deny she said that but is so very hard to know for sure because of some of the other things she has said which sound much like that. Thus, it is no surprise the rest of the world is laughing at us.

the “fact checkers” say this is not true but I tend to trust 7/11 sushi more than I do the truth mafia. She may not have said it but I’ve heard enough of her statements to know that it is entirely plausible. The video of her speaking July 5, 2022 at Highland Park lends credibility to the quote above.