Bidenconomy: Workers Still Raiding Their Retirement Savings

By William Teach July 7, 2023 – 10:30 am

Remember, things are totally awesome in the Biden economy. The Credentialed Media tells us so. And then they let the cat out of the bag

Workers are still raiding their retirement savings at record rates

The share of workers robbing from their future selves remains at an all-time high.

Thirty-seven percent of workers have taken a loan, early withdrawal, and/or hardship withdrawal from their 401(k) or similar plan or IRA, according to a survey released Thursday by the nonprofit Transamerica Center for Retirement Studies (TCRS) in collaboration with the Transamerica Institute. That matches 2022’s level, which is also the highest level in the history of the survey.

Those withdrawals underscore why many workers have a pessimistic outlook for their retirement as they grapple with a lack of emergency funds and stretched household budgets that have forced them to tap their nest eggs. The practice could become even more prevalent as new rules make it easier to do so.

“I am deeply concerned about the fragility of retirement security for so many workers,” Catherine Collinson, CEO and president of Transamerica Institute and TCRS, told Yahoo Finance.

“The pandemic and last year’s turbulent economy with high inflation and falling stock markets took a toll on workers’ employment, finances, and retirement preparations. Without extra support from policymakers and employers, it will be extremely tough for many workers to recover.”

There are a handful of charts at the article which show the reasons why people are raiding different types of retirement savings at record rates. The top 2 are for emergency medical expenses and avoiding eviction. The cost of living is so much higher thanks to COVID and Bidenomics, which, at best, offers no help, at worst, cranks up consumer costs. It also doesn’t help that many have gone hogwild post COVID and are spending way beyond their means, rather than spending on the essentials.

Read: Bidenconomy: Workers Still Raiding Their Retirement Savings »

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Surprise: Potential UPS Strike Linked To ‘Climate Change’ Or Something

By William Teach July 7, 2023 – 7:15 am

They can’t help themselves, the climate cult just has to involve themselves in everything

What Climate Change Has to do With the Looming UPS Union Strike

These days, UPS driver Barkley Wimpee prepares for his daily route out of Rome, Ga., with the precision of a battlefield commander. He loads up his cooler with ice, and stocks it with sandwiches, a case of water bottles, and a couple of sports drinks. He girds himself with a bandana and some plastic bags: around midday, when the sun is at its height, he will soak the bandana in ice water and wrap it around his head, Rambo style—UPS’s strict appearance rules notwithstanding. (snip)

Wimpee is not alone. Across the U.S., UPS drivers are braving one of the most immediate aspects of climate change: longer, more intense heat waves that make working long hours in wheeled ovens not just uncomfortable, but dangerous. Last summer, Wimpee succumbed to heat stroke midway through his route. He spent the night in the hospital, where he was diagnosed with severe kidney injury caused by heat. On June 25, 2022, Esteban Chavez, 24, died of suspected heat stroke while delivering packages in Pasadena, Calif., on a day that saw temperatures in the high 90s. A few weeks later another UPS driver collapsed on a customer’s doorstep in Arizona when the temperature hit 110°F. More than 143 UPS employees have been hospitalized for heat injuries between 2015 and 2022, according to company records submitted to the Occupational Safety and Health Administration obtained by the Washington Post. Still, UPS refused to air-condition their familiar dark brown trucks. Doing so, said company spokespeople, was impractical given that drivers were constantly jumping in and out of the vehicles to make their deliveries.

Summer. The word you’re looking for is summer. It’s 1.5F hotter than it was in 1850 as the Little Ice Age ended.

On June 16, UPS’s 340,000 Teamsters union members voted to strike starting August 1, unless their demands for improved working conditions, including air-conditioned vehicles and company-provided ice for coolers at the cargo centers, were included in a new, five-year contract. While climate change was not specifically cited in the union demands, UPS’s unwillingness to adapt to the new realities of global warming by providing its employees with heat-adaptation strategies formed the subtext of the campaign.

See? Totally linked. It’s a cult.

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Wacko Leftists Sue Over Montana Law Against Drag Reading Events

By William Teach July 7, 2023 – 7:00 am

Why do Leftists and their gender confused allies oh so want the mentally ill trans to read books to kids? Why do they so often read books that are entirely inappropriate for children? What’s the end game here? Is this something that they all just glomed onto, or is there an actual plan?

Transgender woman, bookstore, teacher sue over Montana law banning drag reading events

A transgender woman, the owners of an independent bookstore and an educator who teaches in costume are among those challenging Montana’s first-in-the-nation law that bans people dressed in drag from reading to children in public schools or libraries.

It’s like the start to a joke. A man with mental illness, a bookstore owner who wants to groom, and, seriously, a teacher who teaches in costumes? What kinds?

The federal lawsuit filed Thursday in Butte argues the law violates the free speech and equal protection guarantees in the U.S. Constitution.

The plaintiffs seek an injunction to temporarily block the law, a ruling that the law is unconstitutional and damages for Adria Jawort, whose planned talk on LGBTQ+ history at the Butte-Silver Bow Public Library was canceled in early June by county officials who cited the new legislation.

Similar laws in other states have been temporarily blocked while legal challenges play out in court.

The complaint calls the Montana law, sponsored by Republican Rep. Braxton Mitchell, “a breathtakingly ambiguous and overbroad bill, motivated by anti-LGBTQ+ animus.”

Or, perhaps it’s about protecting children from unhinged wackos. Is it free speech to take children to porn shops and strip clubs? Would it be allowable for strippers to read books to kids wearing thongs and pasties? Why are these people so intent on going after kids? And why is the law not protecting kids?

Rachel Corcoran dressed up as literary, historical or pop culture characters to teach special education students at a Billings high school, and still wears costumes at times when she visits classrooms while coaching teachers of first-time English learners, she said.

As a member of the LGBTQ+ community, Corcoran said she was aware the drag ban had been proposed, but soon “realized it was going to impact me as a teacher, specifically with dressing up for school days or how I wanted to run a classroom or celebrate for homecoming or Red Ribbon Week,” a drug prevention campaign.

No, it really wouldn’t. And there have been laws on the books about protecting kids from pedophiles and abusers. The groomers love having a captive audience of little kids. And this suit should be remanded back to state courts first, where it belongs, not in federal court immediately.

Read: Wacko Leftists Sue Over Montana Law Against Drag Reading Events »

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Hawaii Governor Signs A Bunch Of Climate Crisis (scam) Bills

By William Teach July 6, 2023 – 3:00 pm

Weirdly, none of the bills block the use of fossil fuels which bring tourists and goods to Hawaii

Governor signs new bills aimed at protecting agriculture, combatting climate change

Gov. Josh Green signed several new bills into law on Wednesday in an effort to protect the local agricultural systems and work to combat the detrimental effects of climate change.

Green held two different bill signings today–the first focusing on improving Hawaii’s agricultural systems, and the second regarding climate change and promoting clean energy across the island.

The first set of bills will support local agriculture by appropriating funds to Department of Agriculture projects, controlling invasive species, increasing pesticide fines, and more. (snip)

The second set of bills seek to improve energy efficiency, clean and cheaper transportation, and combat the effects of sea level rise.

As transportation is the largest source of Hawaii’s greenhouse gas emissions, SB1024 intends to offset emissions by setting clean energy goals for ground, air, and marine vehicles. It also creates more local jobs by establishing a working group to lead the implementation of these energy goals.

In other words, the Elites are going to make food, which is already pretty darned expensive in Hawaii, even more expensive. And energy, which is already expensive, more expensive. Do think it’s really a good idea to make the cost to operate boats, which bring in food and shuttle tourists around more expensive? How about taxis? Airplanes and helicopters? Might people decide that it’s just not worth visiting Hawaii? How about all the goods brought in by ships? The working group is simply a way to hook up some folks with some nice government money which does nothing but provide ideas to restrict the lives of Other People.

A bill in this second package, HB192, plans to phase out the sale of fluorescent lamps and bulbs — which are less efficient than LED counterparts and contain hazardous mercury waste — by January 2025. Lawmakers estimate that by 2050, HB192 will have saved taxpayers $382 billion in electricity bills and will have cut 750 tons of carbon emissions.

This goes way beyond the other “ban” which was put in place during the Bush43 admin, and bans almost all.

“Today we are collectively taking actionable steps to reduce utility bills, cut energy, water waste and reduce harmful pollution in our communities,” said Blue Planet Foundation Executive Director Melissa Miyashiro.

Well, hey, since Hawaii residents overwhelmingly vote Democrat, they aren’t going to complain when their cost of living jumps, right?

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If All You See…

By William Teach July 6, 2023 – 1:00 pm

…is a field that would be perfect for solar panels and wind turbines, you might just be a Warmist

The blog of the day is Geller Report, with a post on everything burned in France.

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Unilever Stocks Falls On Calls To Boycott Ben & Jerry’s Ice Cream

By William Teach July 6, 2023 – 10:30 am

It’s really nothing unusual for Ben & Jerry’s to put out some sort of massively loony and/or left statement. They’ve very much been on the anti-Israel/pro-Palestinian bandwagon to the point of being anti-Jew for quite some time, and went all in on the BLM scam (and riots)

Ben & Jerry’s Owner’s Stock Falls After Boycott Calls

Stocks for Unilever, the company that owns Ben & Jerry’s, fell by 0.53 percent on Thursday, as the Vermont ice cream maker faces boycott calls over its hotly contested Fourth of July message.

On Tuesday, Ben & Jerry’s sparked anger on social media with a Twitter post that read: “The United States was founded on stolen Indigenous land. This Fourth of July, let’s commit to returning it.”

So why are they not returning the land where their corporate office sits in South Burlington, Vermont? It sits in the Wabanaki Confederacy, which is comprised of five principal nations: Abenaki, Malecite, Micmac, Passamaquoddy, and Penobscot. Oh, right, because all calls to Do Something from Leftists is meant for Other People, never themselves.

Much like Al Gore sold Current TV to Al Jazeera, a company backed by fossil fueled money

The tweet generated a flood of negative responses on social media, with some calling it the company’s “Bud Light moment,” referring to controversy and a subsequent boycott of the beer brand after it partnered with transgender activist Dylan Mulvaney in April.

Some called for a boycott of Ben & Jerry’s, saying the company was “woke.”

But

According to Google Finance data, stocks for the company were 0.53 lower by the early hours of Thursday. Unilever, a London-based multinational consumer packaged goods company, owns some 400 brands in total—which makes it unlikely that the slight drop is a direct result of boycott calls facing Ben & Jerry’s.

While Ben & Jerry’s is a big brand for Unilever, the company also owns Dove, Magnum, Hellmann’s, Persil, Knorr, Vaseline and Wall’s.

Really, I do not see any sort of Right leaning boycott having much of an effect, since Conservatives tend to not purchase the ice cream to start with. And Unilever has too many brands that people do want and will buy. I personally do not find it that good for the price, there are plenty of others which are better. Plus, their hard left stances and Jew hatred means I won’t buy it if it was the only type available. So, no Bud Light moment, that passed years ago for the ice cream

CASES OF BUD LIGHT SELLING FOR THE PRICE OF BROCCOLI AND COFFEE

Bud Light is selling at such a discount that it can be purchased at the same price as broccoli.

The Anheuser-Busch light beer brand has been getting destroyed ever since it went woke and teamed up with Dylan Mulvaney at the start of April.

That was over three months ago, and the pressure hasn’t let up at all. In fact, it’s only getting worse.

In an attempt to salvage the situation, A-B and BL have started offering massive discounts and rebates in order to move products.

It’s really less about the mentally ill guy pretending to be a little girl and more about what the executives at Bud Light said, and they aren’t helping with terrible ads, such as the latest grunting ad.

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El Nino Plus ‘Climate Change’, But, Mostly El Nino, Means Record Breaking Heat

By William Teach July 6, 2023 – 7:15 am

Again, remember that the record they’re talking about only goes back to 1979, and fails to mention the extreme heat in the 1930’s, nor what may have happened during previous Holocene warm periods

El Niño plus climate change means record-breaking heat

It is very hot in a lot of places right now. It’s over 100 degrees in cities across China. Millions of people in North Africa and the Middle East are grappling with life-threatening heat. And the heat index is pushing 110 degrees or higher from Texas to Florida. (snip)

The reason for the scorching temperatures is twofold: human-caused climate change plus the cyclic climate pattern known as El Niño. El Niño is a natural pattern that began in June, and leads to extra-hot water in the Pacific. That has cascading effects around the globe, causing more severe weather in many places and higher average temperatures worldwide.

That’s why heat records tend to fall during El Niño, including when the last daily global average temperature record was set in 2016. Climate change, which is caused by humans burning fossil fuels and releasing greenhouse gasses into the atmosphere. exacerbates the effects of the natural climate pattern.

Yeah, yeah, yeah, if that’s the case then why do the cultists have to fear monger and use computer models so much? It’s a scam. If they cannot compare this to previous Holocene warm periods then they do not have the full data.

Read: El Nino Plus ‘Climate Change’, But, Mostly El Nino, Means Record Breaking Heat »

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Biden Regime Appeals Court Ruling Blocking Them From Censoring People On Social Media

By William Teach July 6, 2023 – 7:00 am

Yet, Democrats call Republicans Fascist

(Daily Caller) The Biden administration appealed a preliminary injunction Wednesday issued to prevent federal officials from communicating with social media platforms to censor content containing protected speech.

Western District of Louisiana Judge Terry A. Doughty issued the injunction Tuesday after finding plaintiffs in the free speech lawsuit Missouri v. Biden, Louisiana Attorney General Jeff Landry and Missouri Attorney General Andrew Bailey, had produced “evidence of a massive effort by Defendants, from the White House to federal agencies, to suppress speech based on its content.” The Biden administration appealed the injunction to the Fifth Circuit on Wednesday.

Western District of Louisiana Judge Terry A. Doughty issued the injunction Tuesday after finding plaintiffs in the free speech lawsuit Missouri v. Biden, Louisiana Attorney General Jeff Landry and Missouri Attorney General Andrew Bailey, had produced “evidence of a massive effort by Defendants, from the White House to federal agencies, to suppress speech based on its content.” The Biden administration appealed the injunction to the Fifth Circuit on Wednesday.

“Although this case is still relatively young, and at this stage the Court is only examining it in terms of Plaintiffs’ likelihood of success on the merits, the evidence produced thus far depicts an almost dystopian scenario,” Doughty wrote. “During the COVID-19 pandemic, a period perhaps best characterized by widespread doubt and uncertainty, the United States Government seems to have assumed a role similar to an Orwellian ‘Ministry of Truth.’”

So, of course Biden is appealing, as they want to censor those involved with Wrongthink. If we had some elected Republicans with some brains who understand playing the game of politics they would offer legislation restricting the Executive Branch from doing what they’ve been accused of by the plaintiffs. Make a huge deal of it. Constantly talk about it. Put it up for a vote immediately. Make House Democrats go on record. Send it to the Senate where Democrats will have to either vote or show that they want censorship by refusing to allow a vote.

But, they won’t, because the GOP just doesn’t seem to truly understand Fighting Back.

Read: Biden Regime Appeals Court Ruling Blocking Them From Censoring People On Social Media »

Posted in 1st Amendment, Democrats, Joe Biden | 22 Comments | Trackback URL

Surprise: Case Of The White House Cocaine Might Never Be Solved

By William Teach July 5, 2023 – 4:14 pm

The hell you say!

Even with all the surveillance it might be unsolvable

The small amount of cocaine was found in a cubby area for storing electronics within the West Exec basement entryway into the West Wing, where many people have authorized access, including staff or visitors coming in for West Wing tours.

Asked what the chances were of finding the culprit, the official said that “it’s gonna be very difficult for us to do that because of where it was.”

“Even if there were surveillance cameras, unless you were waving it around, it may not have been caught” by the cameras, added the official, who spoke on condition of anonymity given that it’s an ongoing investigation. “It’s a bit of a thoroughfare. People walk by there all the time.”

That’s about the 4th or 5th different location that’s been mentioned. And they can’t, apparently, see how left it. Though they can arrest boatloads of people from tiny snippets of video from January 6th. Every single person coming should be on a visitors log. What they’re really saying is that they can see who it is and do not want to say. The House Republicans should subpoena the relevant video and go through it.

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Everybody Panic: July 4th Was World’s Hottest Day On Record

By William Teach July 5, 2023 – 3:00 pm

“It’s a death sentence for people and ecosystems,” you know *

This July 4 was hot. Earth’s hottest day on record, in fact.

Tuesday was the hottest day on Earth since at least 1979, with the global average temperature reaching 62.92 degrees Fahrenheit (17.18 degrees Celsius), according to data from the U.S. National Centers for Environmental Prediction.

Did you catch that? History starts in 1979

The link in the first excerpt shows the large graph, which is based on satellite measurements and computer simulations. Snicker

(Al Jazeera) “This is not a milestone we should be celebrating,” said climate scientist Friederike Otto of the Grantham Institute for Climate Change and the Environment at Imperial College London.

“It’s a death sentence for people and ecosystems.”

Doom!

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Posted in AGW Scaremongering, Global Warming | 3 Comments | Trackback URL
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