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

To: Kirk © who wrote (13941)	6/6/2022 10:35:57 PM
From: Sdgla	Read Replies (1) \| Respond to of 26768

Doubling down on killing our economy… you can hear the dead cat bounce in the background. Biden Administration Declare National Emergency for Clean Energy Production, Invokes Defense Production Act to Facilitate Faster Transformation of Energy Economy Away from Fossil Fuels June 6, 2022 \| Sundance \| 315 Comments Earlier today, Joe Biden, working toward the agenda of Elizabeth Warren, Bernie Sanders, Wall Street multinationals, and the radical climate change activists within the far left of the socialist democrat party, declared a national emergency around the issue of U.S. energy prices and policies. [ SEE HERE] On the front side of the justification, the people in control of the Biden administration, claim that current and future increases in energy prices are likely to do severe damage to the economy and the lives of all Americans. However, in the background of the issue, this is the ‘never let a crisis go to waste’phase of an energy crisis the administration has intentionally created. The real goal is to fundamentally transform the foundation of the U.S. economy away from fossil fuels and into a new era of clean renewable energy. This is what all of the Biden cabinet officers now refer to as the “economic transition” phase. Joe Biden’s executive announcement today is the triggering of increased federal government control over the United States energy system. Ideological government intervention, completely disconnected from the free market, is facilitated by the declaration of a federal national emergency: [ WHITE HOUSE] – Today, President Biden is authorizing the use of the Defense Production Act (DPA) to accelerate domestic production of clean energy technologies – unlocking new powers to meet this moment. Specifically, the President is authorizing the Department of Energy to use the DPA to rapidly expand American manufacturing of five critical clean energy technologies: Solar panel parts like photovoltaic modules and module components;Building insulation;Heat pumps, which heat and cool buildings super efficiently;Equipment for making and using clean electricity-generated fuels, including electrolyzers, fuel cells, and related platinum group metals; andCritical power grid infrastructure like transformers. (more…)