My email news feed for the Bezos Post begins with these two headlines:
Biden seeks $33 billion for Ukraine, powers to liquidate Russian assets
U.S. economy shrinks 1.4 percent in first quarter, raising fears of recession
Well, what did you expect? The $33 billion is on top of many billions of your tax dollars already wasted. Wars cost a lot of money.
We haven’t had a balanced federal budget, even by the government’s loose standards, since Bush launched the Iraq War in 2003 to find non-existent “weapons of mass destruction.” That war still is going on. And last year we finally got out of the 20-year Afghanistan War. The cost of both is estimated as high as $7 trillion.
Do you think that money could have been better used to fix the potholes on the streets in your city, pay for band instruments in your kids’ high school, or maybe even return some of those taxes to you as a reward for supporting the government so much with your hard, stolen labors?
It’s true there are other economic follies the government has perpetrated causing this Biden Recession. The Federal Reserve Board has kept interest rates too low, too long, and now must raise them precipitously. We’re still not on the gold standard, so the dollar’s value keeps flucuating. The trillions in added deficit spending for pandemic relief is spiking prices everywhere.
But recessions usually are “triggered” by an event, in this case the Ukraine War. For example, the Subprime Meltdown in 2008 struck when Lehman Bros. went broke on Sept. 15, 2008. That had a humorous side. Sen. John McCain was running for president. He took a week off to “study” the meltdown — even though he had been in Congress by then since 1983, when he won a House seat. He had sat on dozens of committee hearings on the economy.
In October 2008, he then voted for the $700 billion TARP bailout of Wall Street, paid for by Main Street. He could have led a populist revolt against that largesse, but as always took the Establishment line. Much as he would do in 2017 when he provided the crucial vote to preserve the Obamacare Sovietized medicine scheme.
I never backed McCain’s presidential bid because he was crazy and would have gotten the country nuked even before his buddy Biden might. But I backed the “flip the ticket” movement to put beautiful VP nominee Sarah Palin, America’s Sweetheart, at the top of the ticket, with McCain for VP. Remember how they ridiculed her for saying she could “see Russia” from her porch in Alaska, where she was governor? That was better than Insane McCain seeing Russians under every bed.
President Palin would have worked out a deal with Putin to preserve Ukraine as a neutral, non-NATO country, avoiding the insanity since the Obama-Biden-Nuland coup in Kiyv in 2014, et sequelae. She’s running for a House seat now.
“America is at a tipping point,” she said in announcing her candidacy. “As I’ve watched the far left destroy the country, I knew I had to step up and join the fight.” She earlier said, “We need people like Donald Trump, who has nothing to lose. Like me.”
Go Sarah!