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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: rdkflorida2 who wrote (13817)5/21/2022 12:47:33 PM
From: Kirk ©2 Recommendations

Recommended By
berniel
Sdgla

  Read Replies (1) | Respond to of 26806
 
I found an interesting tid-bit at the END of an article in our San Jose Mercury (almost always liberal endorsements) News celebrating a new ‘price gouging’ bill working its way through congress.
Gas ‘price gouging’ bill passes House
Measure would make excessive increases unlawful
By Matthew Daly
The Associated Press

At the very, very end some other info sneaks in...
The House vote comes as Interior Secretary Deb Haaland said she will release a long-delayed, five-year plan that allows Interior to conduct new offshore oil and gas lease sales. The current plan expires June 30, and administration officials had not said when or if a replacement would be released, even as they canceled three offshore lease sales scheduled in the Gulf of Mexico and off the Alaska coast.
enewspaper.mercurynews.com?publink=3dd8dbdeb_134848d

AP is one of the most reliable news sources so my guess is the author felt a need to show the bill is mostly political BS with the final paragraph....



To: rdkflorida2 who wrote (13817)5/23/2022 11:12:54 AM
From: Kirk ©  Read Replies (2) | Respond to of 26806
 
No wonder the stock market is having such trouble...
Biden, at a news conference in Tokyo, said “yes” when asked if he was willing to get involved militarily to defend Taiwan if China invaded. “That’s the commitment we made,” he added.
Biden: US would intervene with military to defend Taiwan
By JOSH BOAK, AAMER MADHANI and ZEKE MILLER
58 minutes ago
apnews.com

White House walks back Biden Taiwan defense claim for third time in 9 months
By Callie Patteson
May 23, 2022 10:34am Updated
Who’s in charge here, anyway?

For the third time since August of last year, the White House walked back comments by President Biden Monday implying the US would aid Taiwan if the island nation came under attack from China.

During a joint press conference with Japanese Prime Minister Fumio Kishida, Biden was asked if the US would be prepared to defend Taiwan if such an attack took place.

“Yes,” the president answered.

“That’s the commitment we made. We agree with the ‘one China’ policy. We signed on to it,” Biden added. “All the attendant agreements [were] made from there. But the idea that that can be taken by force, just taken by force. It’s just not – it’s just not appropriate.”
nypost.com

Rep. Adam Kinzinger (R-Ill.) blasted the White House for the repeated clarifications Monday, tweeting: “Does anyone at the #WhiteHouse actually respect the words of @POTUS? Biden said we would defend #Taiwan, and the staff AGAIN walks back the Presidents own words! He needs to fire everyone who does this.”
Does anyone in Taiwan trust the US now?

Do we start to hear calls for exercising Article 25?

More at full post here: facebook.com