Tag Archives: Joe Biden

Brexit has a 70% approval rating, and Socialism is dead in England

It`s funny to watch Great Britain and the United States at the moment. In the U.S, the conservatives lost the election and Biden and his left wing democrat administration won. In the U.K, Boris Johnson and his conservative friends won in a landslide. The same can not be said about Biden.

They are both outside of the EU and Trump and Johnson was considered to be a win against socialism. Take a look at the slogan Johnson has; Build back better. They are leaving the business club EU and want to build back better.

But take a look at Biden and his slogan; Build back better. Biden and the democrats wants to build back what Trump did. They are on two different planets, with two different world views.

Everything has been great with the Labour Party for years, but they have been in trouble before. One of the most deprived areas of the UK, the blue-collar port saws its steel industry collapse in the 1970s and 80s and the unemployment rate remains among the highest in the century.

Politically, it`s backed the Labour Party at every UK election for almost half a century, but then came Brexit.

As of April 12, Boris Johnson`s approval rating remain very high at 70%. Not only that. Brexit has also a 70% approval rating, so there is not doubt that the people in Great Britain support the conservatives and Brexit.

According to Nigel Farage, the Labour Party is finish in England. The country is about the change rapidly. Queen Elizabeth said in the Parliament a few days ago that the UK will strengthen the borders. Legislation will also be introduced to ensure the integrity of elections.

They saw what happened in Georgia during the U.S election and learned from the mistakes in the U.S. Dead voters will have problems to vote if they have to show up personally with a picture on the voting day.

Freedom of speech will also be protected. This is very similar to whats happening the U.S. They are both about the change rapidly. What a interesting world we are living in.

To contact the author: post@shinybull.com

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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Biden`s latest $1,8 trillion plan rejects the old social contract of work for benefits

Let`s face it; Joe Biden is the most popular president in the United States ever. More popular than Barrack Obama. More popular than Bill Clinton. What people actually voted for is bigger government, more government spending and more taxes.

Biden is not talking much to the Media, but after 100 days, he held a speech, and that speech scared the hell out of many people in the United States. One of them is Lindsey Graham. Biden scared the hell out of me tonight, he said.

He look weak as a commandor in chief, and he embraced socialism, Graham said.

The Media Mob attacked Trump for his border policy, but only a few is talking about the border crisis they have now. Biden talked about problems like racism, guns, virus and money, but didn`t say much about the border crisis they`re facing now.

He attacked rich and wealthy people that created the wealth in the United States. He want them to pay more money, so the government can grow bigger. If Biden`s policy works, why are GDP per capita in the U.S better than socialist countries?

Wall Street Journal Editorial Board had this headline earlier this week; «Biden`s Cradle-to-Grave Government.» His latest $1,8 trillion plan rejects the old social contract of work for benefits. Something that have worked under Clinton, Bush and Obama. But now, it seems like it is a new era. A socialist era.

All the people behind Joe Biden assume that the people who voted for him love his tax hikes and bigger government. In November 2022, we will find out if they are right….

To contact the author: post@shinybull.com

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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Biden sets out a $2 trillion US infrastructure plan to be funded by corporate tax hike

A once in a generation investment. That`s what president Biden called his $2 billion program of infrastructure spending. Biden said it will create millions of jobs while giving roads, utilities and American industry a badly needed upgrade.

But somebody have to pay for it, but who? «We the people» of course. The corporations. And there is one simple way to do that: TAX. Minimum wages are rising. So are the taxes, and what is that suppose to mean? It means the inflation is coming.

«I`m proposing a plan for the nation that rewards work. Not just rewares wealth. It builds a fair economy that gives everybody a chance to succeed. And it`s going to create the strongest, most resilient innovative economy in the world,» Biden said in a speech a few days ago.

The Biden administration plans on modernizing 32,000 kim of highway, 500,000 charging points for electric autos, and bringing back key industries such as chip production back to the U.S. Chips are still mostly produced in Asia. (Bringing back chip industries sounds like a Trump strategy).

The project is expected to take eight years to complete, and some of the funding will come from a corporate tax hike from 21 to 28 percent. Biden`s supporters say the program will create millions of well.paid jobs, and stregthen America`s ability to compete with China.

2 trillion dollars is a lot of money and there is no doubt that this program will boost the semiconductor industry, but also the EV industry.

Biden said he is not worried about the U.S economy at all. At the same time, Janet Yellen makes a push for global minimum corporate tax. She doesn`t want a race to the bottom, and warns of dangers to the American economy if U.S acts alone in raising corporate tax rates.

When Obama hiked corporate taxes, businesses fled. One of the largest corporations in the world; Apple, ended up in Irland thanks to a great offshore plan, but Trump were bringing the company back to the U.S.

It speaks for itself. The more money corporations pay in tax, the less competetive they are on the world stage.

The time we are living in today, is similar to the 30`s, and Biden`s infrastructure plan is often comparead to Franklin D. Roosevelt`s «New deal».

President Franklin D. Roosevelt

The New Deal was a series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States between 1933 and 1939.

The programs focused on what historians refer to as the «3 Rs»; relief for the unemployed and poor, recovery of the economy back to normal levels, and reform of the financial system to prevent a repeat depression ( the stock market crached in 1929).

The first deal (1933 – 1934) dealt with the pressing banking crisis through the Emergency Banking Act and the 1933 Banking Act. The Federal Emergency Relief Administration provided $500 million ($9,88 billion today) for relieft operations by states and cities, while the short-lived CWA gave locals money to operate Make-work projects in 1933 – 1934.

The Securities Act of 1933 was enacted to prevent a repeated stock market crash.

The second New Deal in 1935 – 1936 included the National Labor Relations Act to protect labor organizing, the Works Progress Administration relief program (which made the federal government the largest employer in the nation), the the Social Security Act and new programs to aid tenant farmers and migrant workers.

The final major items of New Deal legislation were the creation of the United States Housing Authority and the FSA, which both occurred in 1937, and the Fair Labor Standards Act of 1938, which set maximum hours and minimum wages for most categories of workers.

Keep in mind that all this happened a few years before the World War II occurred.

The economic downturn of 1937 – 1938 and the bitter split between the American Federation of Labor and Congress of Industrial Organizations labor unions led to major Republican gains in Congress in 1938.

Conservative Republicans and Democratas in Congress joined the informal conservative coalition. By 1942 – 1943, they shut down relief programs such as the WPA and the CCC and blocked major liberal proposals.

Nonetheless, Roosevelt turned his attention to the war effort and won reelection in 1940 – 1944. Furthermore, the Supreme Court declared the NRA and the first version of the Agricultural Adjustment Act unconstitutional, but the AAA was rewritten and then upheld.

Republican president Dwight.D. Eisenhower (1953 – 1961) left the New Deal largely intact, even expanding it in some areas. In the 1960`s, Lydon B. Johnson`s Great Society used the New Deal as inpiration for a dramatic expansion of liberal programs, which Republican Richard Nixon generally retained.

However, after 1974 the call for deregulation of the economy gained bipartisan support. The New Deal regulation of banking (Glass-Steagall Act) lasted until it was suspended in the 1990`s.

From 1929 to 1933 manufacturing output decreased by one third, which economist Milton Friedman called the Great Contraction. Prices fell by 20%, causing deflation that made repaying debts much harder.

Unemployment rate from 1910 to 1960

Unemployment in the United States increased from 4% to 25%. additionally, one-third of all employed persons were downgraded to working part-time on much smaller paychecks. In the aggregate, almost 50% of the nation`s work-power was going unused.

Before the New Deal, deposits at banks were not insured. When thousands of banks closed, depositors lost their savings as at that time there was no national safety net, no public unemployment insurance and no Social Security.

The depression had devastated the nation. As Roosevelt took the oath of office at noon on March 4, 1933, all state governors had authorized bank holidays or restricted withdrawals. Many Americans had little or no access to their bank accounts.

Farm income had fallen by over 50% since 1929 (stock market crash). An estimated 844,000 non-farm mortgages had been foreclosed between 1930 – 1933, out of five million in all. Political and business leaders feared revolution and anarchy.

Real GDP from 1910 to 1960

In 1935, Roosevelt called for a tax program called the Wealth Tax Act (Revenue Act of 1935) to redistribute wealth. The bill imposed an income tax of 79% on incomes over $5 million. It raised the bitterness of the rich who called Roosevelt «a traitor to his class» and the wealthy tax act a «soak the rich tax».

The Roosevelt administration was under assault during Roosevelt`s second term,which presided over a new dip in the Great Depression in the fall of 1937 that continued through most of 1938. Production and profits declined sharply.

Unemployment jumped from 14,3% in May of 1937 to 19% in June 1938. The downturn was perhaps due to nothing more than the familiar rhythms of the business cycle, but until 1937 Roosevelt had claimed responsibility for the excellent economic performance.

That backfired in the recession and the heated political atmosphere of 1937.

Keynes did not think that the New Deal under Roosevelt ended the Great Depression: «It is, it seems, politically impossible for a capitalistic democracy to organize expenditure on the scale necessary to make the grand experiments which would prove my case, except in war conditions.»

Worldwide, the Great Depression had the most profound impact in Germany and the United States. In both countries the pressure to reform and the perception of the economic crisis were strikingly similar.

When Hitler came to power he was faced with exactly the same task that faced Roosevelt, overcoming mass unemployment and the global Depression. The political responses to the crisis were essensially different; while American democracy remained strong, Germany replaced democracy with fascism, a Nazi dictatorship.

The initial perception of the New Deal was mixed. On the one hand, the eyes of the world were upon the United States because many American and European democrats saw in Roosevelt`s reform program a positive counterweight to the seductive powers of the two great alternative systems, communism and fascism.

As the historian Isaiah Berlin wrote in 1955: «The only light in the darkness was the administration of Mr. Roosevelt and the New Deal in the United States».

By contrast, enemies of the New Deal sometimes called it «fascist», but they meant very different things. Communists denounced the New Deal in 1933 and 1934 as fascist in the sence that it was under the control of big business. They deopped that line of thought when Stalin switched to the «Popular Front» plan of cooperation with liberals.

To contact the author: post@shinybull.com

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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Far-right populist movements making a last desperate stand for liberalism and democracy against a rising tide of progressivism and globalism

Donald Trump is still popular. In 2018, Republicans used to call Ronald Reagan the best president in US history, but now, in 2021, it`s Donald Trump, according to the latest Economist/YouGov poll. Trump is at the top (36%), while Ronald Reagan is second (18%), followed by Abraham Lincoln (13%).

Among all Americans, Donald Trump comes in third at 13% with Barrack Obama on top of the list at 18%, followed by Abraham Lincoln at 17%. President Joe Biden is not on the list at all, as he had served less than 20 days when the survey began.

I support all the presidents no matter what side they are on, but that doesn`t mean I agree with all they do and say. Right now, Biden is the president, and he has a lot of things to fix. And Trump talked about it in his speech at CPAC.

«We`re in the middle of a historic struggle for America`s future, America`s culture, and America`s institutions. Our very identity as Americans is at stake, like perhaps at no other time, so no matter how much the Washington establishment and the powerful special interests may want to silence us, let there be no doubt; we will be victorious and America will be stronger and greater than ever before,» Trump said in the speech.

Much of the crazy ideas are coming from the left side. Ideas like language are violent, don`t practice yoga or cook Chinese food, there is no such thing as biological sex and only white people can be racist. Many people are confused by these ideas.

Do you wonder how some people on the left side have managed so quickly to challenge the very logic of Western society?

What`s going on in America is not unique. It`s the same playbook in Europe as well. President Macron talked about it a few days ago and said he doesn`t want all these crazy ideas from the left in France. Sorry Macron, but it all started there; in France.

It`s an evolution from French postmodernism to its refinement within activist academic fields. Today we can recognize it by its effects, such as cancel culture and social-media dogpiles, as by its tenets, which are all too often embraced as axiomatic in mainstream media:

knowledge is a social construct; science and reason are tools of oppression; all human interactions are sites of oppressive power play, and language is dangerous. As they warn, the unchecked proliferation of these anti-Enlightenment beliefs presents a threat not only to liberal democracy but also to modernity itself.

This is what authors Helen Pluckrose and James Lindsay talk about in their book; «cynical theories.» While acknowledging the need to challenge the complacency of those who think a just society has been fully achieved, Pluchrose and Lindsay break down how this often-radical activist scholarship does far more harm than good, not least to those marginalized communities it claims to champion.

They also detail its alarmingly inconsistent and illiberal ethics. Only through a proper understanding of the evolution of these ideas, they conclude, can those who value science, reason, and consistently liberal ethics successfully challenge this harmful and authoritarian orthodoxy, in the academy, in culture, and beyond.

During the modern period in the last two centuries in most Western countries, there has been developed a broad consensus in favor of the political philosophy known as «liberalism.»

The main tenets of liberalism are political democracy, limitations on the powers of government, the development of universal human rights, legal equality for all adult citizens, freedom of expression, respect for the value of viewpoint diversity and honest debate, respect for evidence and reason, the separation of church and state, and freedom of religion.

These liberal values developed as ideas and it has taken centuries of struggle against theocracy, slavery, patriarchy, colonialism, fascism, and many other forms of discrimination to honor them as much as we do, still imperfectly today, Pluckrose and Lindsay said.

But the struggle for social justice has always been strongest when it has cast itself as the defender of liberal values universally, insisting that they are applied to all individuals, not just to wealthy white males.

It must be noted that the general philosophical position that we call «liberalism» is compatible with a wide range of positions on political, economic, and social questions, including both what Americans call «liberal» (and Europeans call «social-democratic») and modern forms of what people in all countries call «conservative.»

This philosophical liberalism is opposed to authoritarian movements of all types, be they left-wing or right-wing, secular of theocratic.

Liberalism is thus best thought of as a shared common ground, providing a framework for conflict resolution and one within which people with a variety of views on political, economic, and social questions can rationally debate the options for public policy.

However, we have reached a point in history where liberalism and modernity at the heart of Western civilization are at great risk on the level of the ideas that sustain them.

The precise nature of this threat is complicated, as it arises from at least two overwhelming pressures, one revolutionary and the other reactionary, that are waging war with each other over which illiberal direction our societies should be dragged.

Far-right populist movements claiming to be making a last desperate stand for liberalism and democracy against a rising tide of progressivism and globalism are on the rise around the world.

Trump said in the speech that his movement is successful. «We began it together four years ago and it is far from being over,» he said.

To contact the author: post@shinybull.com

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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The most popular president in US History inaugurated today

Joe Biden was sworn in as the 46th president of the United States of America today. In his speech he said; «Today, we celebrate the triumph not of a candidate, but of a cause, the cause of democracy. The will of the people has been heard and the will of the people has been heeded.

We have learned again that democracy is precious. Democracy is fragile. And at this hour, my friends, democracy has prevailed.» (big applause)

Joe Biden, President, American Flag

Democracy is a form of government in which the people have the authority to choose their governing legislator. Joe Biden was the most popular candidate in the US and won the election in 2020. It is the people`s will. The people decided.

The most popular president in US history was inaugurated today. He got more votes than Obama and Clinton. Biden won despite the fact that Trump got 10 million more votes in 2020 than he did in 2016.

The streets in Washington during the inauguration ceremony were empty. Instead of thousands of Americans cheering, we saw thousands of flags on the streets. Instead of happy American people on the streets in Washington we saw 30,000 armed soldiers behind a massive 12-foot electric wall.

The love for Joe Biden was huge in the Hate Trump Media today. «The reason Biden has to do this is that he`s just so incredibly popular,» Don Lemon said on CNN. «The lights from Lincoln Memorial were like Joe Biden`s arms stretching out to all American,» CNN said.

The incredibly popular president is considered to construct economic policy around issues like race, gender, equality, and climate change, rather than around traditional indicators like GDP or deficit ratios.

According to Axios, Biden is charting an economic policy that`s visible to the left of Bill Clinton and Barrack Obama. Biden proposed a $1,9 trillion economic stimulus plan and a $15 minimum wage. Employers, employees, and economists warned it will kill millions of jobs.

Joe Biden signals a shift away from fossil fuels and rejoins WHO and Paris climate agreement. Trump walked away from Paris agreement because he said it was too expensive for American workers. He wanted people to keep their jobs.

It will be difficult for Biden to balance the need to address the climate crisis without worsening the jobs crisis facing the United States. But his plan calls for pouring trillions of dollars into clean energy, creating millions of union jobs while slashing carbon emissions.

European commission president Ursula Von Der Leyen tweeted this; «The United States is back. And Europe stands ready. To reconnect with an old and trusted partner, to breathe new life into our cherished alliance. I look forward to working together with @JoeBiden.

President Joe Biden calls for unity. Good luck!

To contact the author: post@shinybull.com

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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