Biden says Americans will pay high prices for 'as long as it takes'

[JGalt]

"With all the media hype about inflation, companies may take advantage of shoppers’ inflation expectations to charge a little extra and pad their pockets. Analysis of corporate earnings calls by Business Insider and More Perfect Union reveal that food corporations such as Pepsi, Kroger, and Kellogg’s are bragging to investors about their ability to increase prices. Tyson told their investors that their “pricing actions … more than offset the higher [cost of goods].” Even Jerome Powell, chairman of the Federal Reserve, acknowledged at a Senate Banking Committee hearing Tuesday, Jan. 11, that companies are “raising prices because they can.”

Wrap your feeble mind around that. Especially the last sentence.

U.S. Food Prices Are Up. How Monopoly Power Makes this Worse

2021 was a bad year for grocery bills. Shoppers paid 6.4% more for groceries in November 2021 compared to November 2020, according to the consumer price index. All food prices were up a bit more than usual but the most dramatic price increases come from meat, pork cost 14% more than a year ago and…

time.com

Of course food companies are having to raise their prices under the Biden administration. His energy policies are costing them more for materials, labor, taxes, energy, and transportation.

Jerome Powell is an unelected idiot who's overseeing the destruction of your economy.

Wrap your sickly mind around that.

 

[okfine]

Of course food companies are having to raise their prices under the Biden administration. His energy policies are costing them more for materials, labor, taxes, energy, and transportation.

Jerome Powell is an unelected idiot who's overseeing the destruction of your economy.

Wrap your sickly mind around that.

"In fact, a few powerful transnational companies dominate every link of the food supply chain: from seeds and fertilizers to slaughterhouses and supermarkets to cereals and beers.
The size, power and profits of these mega companies have expanded thanks to political lobbying and weak regulation which enabled a wave of unchecked mergers and acquisitions. This matters because the size and influence of these mega-companies enables them to largely dictate what America’s 2 million farmers grow and how much they are paid, as well as what consumers eat and how much our groceries cost."

The corporations are in charge. Get a grip.

Revealed: the true extent of Americaâs food monopolies, and who pays the price

Investigation shows scale of big food corporations’ market dominance and political power

www.theguardian.com

 

[jknowgood]

Oil didn't get to $130 but it did get over $140 under Bush. What did Bush do that caused it to go that high?

Bush hated drilling also.

 

[Flash]

Biden advances his agenda to kiss the ass of the Environmental Wackos and that will keep gas prices high until we can get rid of the sonofabitch.

Big government spending will continue to fuel this massive inflation and that won't stop until we get rid of the Democrat assholes.

 

[JGalt]

"In fact, a few powerful transnational companies dominate every link of the food supply chain: from seeds and fertilizers to slaughterhouses and supermarkets to cereals and beers.
The size, power and profits of these mega companies have expanded thanks to political lobbying and weak regulation which enabled a wave of unchecked mergers and acquisitions. This matters because the size and influence of these mega-companies enables them to largely dictate what America’s 2 million farmers grow and how much they are paid, as well as what consumers eat and how much our groceries cost."

The corporations are in charge. Get a grip.

Revealed: the true extent of Americaâs food monopolies, and who pays the price

Investigation shows scale of big food corporations’ market dominance and political power

www.theguardian.com

Only in your mind are the corporations "in charge." That's Marxist gobbledygook.

 

[Damaged Eagle]

The blame should go to Big Oil monopolizing and the same with the food industry.

You should follow your leaders advice and learn to live with less.

*****CHUCKLE*****

 

[JGalt]

View attachment 664435

You should follow your leaders advice and learn to live with less.

*****CHUCKLE*****

He is living with less. But being a Democrat, he won't admit it. None of them will. They just grit their teeth and take it up the ass because it's not Trump anymore.

 

[jc456]

why did he remove taxes. Seems he is befuddled.

 

[citygator]

We were in charge a year and half ago, and none of this was happening.

Your memory must be as short as your dick.

A year and a half ago everyone was unemployed and stuck in their house and dying. Good times.

 

[JGalt]

A year and a half ago everyone was unemployed and stuck in their house and dying. Good times.

Speak for yourself. I wasn't.

 

[Cellblock2429]

President Joe Biden on Thursday said Americans should pay higher gas prices for 'as long as it takes' as he doubled down on blaming Russian President Vladimir Putin for the United States' domestic woes.

Biden, in a press conference wrapping up his NATO summit, addressed the high prices Americans are paying at the pump and the record high inflation facing the country even as he argued other nations have even higher prices.

And he angrily argued American is not going backwards under his presidency.


Domestic issues - abortion, gas prices, and the economy - dominated Biden's press conference.

'As long as it takes,' the president said when asked how long Americans will pay nearly $5 a gallon at the pump. The average price of gas is $4.857.

Biden says Americans will pay high prices for 'as long as it takes'

Fuckin' buffoon. I guess he's all big and bad now that he was around his virtue signaling "friends".

/——/ Fuck Joe Biden

 

[Cellblock2429]

A year and a half ago everyone was unemployed and stuck in their house and dying. Good times.

/——/ democRAT Andy Cuomo locked us up.

 

[eagle7-31]

President Joe Biden on Thursday said Americans should pay higher gas prices for 'as long as it takes' as he doubled down on blaming Russian President Vladimir Putin for the United States' domestic woes.

Biden, in a press conference wrapping up his NATO summit, addressed the high prices Americans are paying at the pump and the record high inflation facing the country even as he argued other nations have even higher prices.

And he angrily argued American is not going backwards under his presidency.


Domestic issues - abortion, gas prices, and the economy - dominated Biden's press conference.

'As long as it takes,' the president said when asked how long Americans will pay nearly $5 a gallon at the pump. The average price of gas is $4.857.

Biden says Americans will pay high prices for 'as long as it takes'

Fuckin' buffoon. I guess he's all big and bad now that he was around his virtue signaling "friends".

For as long as it takes to nationalize energy like health care and nationalize education and run it all out DC.

 

[Flash]

Can you imagine how fucking stupid someone would have to be to vote for Potatohead?


President Biden's EPA seeks to stop gas production in the Permian Basin.

This will raise gas prices EVEN MORE.

This action is completely discretionary.

Biden has the power to stop it.

Read my full letter: pic.twitter.com/o788QPGYdj

Greg Abbott (@GregAbbott_TX) June 27, 2022

 

[jc456]

A year and a half ago everyone was unemployed and stuck in their house and dying. Good times.

Thanks to fauci and demofks. Happy you recognize that

 

[Flash]

The Biden Administration has gone bat shit Environmental Wacko crazy. Those bastard have to go before they destroy this country.

Biden Takes Aim at America's Largest Oil Field, Threatens to Stop Production, Sending Gas Prices Soaring | The Gateway Pundit | by Michael Robison

Biden's ongoing climate change initiatives are now threatening America's largest oil field, and could send gas prices well above $5 per gallon

www.thegatewaypundit.com

The Environmental Protection Agency (EPA) is preparing to cite the United States’ largest oil field for violating ozone pollution standards, a move that will threaten the end of oil and gas production in the region.

According to the Texas Governor’s Office, the proposed regulations will directly affect the Permian Basin, the largest oil field in the United States, accounting for 95,000,000 gallons of gasoline per day or 40% of the oil produced domestically.

This would be just one more move from Biden’s administration to impact the lives of every American by reducing the fuel supply and causing gas prices to soar well beyond Biden’s record of $5 per gallon.

“Even as Americans are struggling with $5 gas and record-breaking inflation, team Biden continues to double down on their political commitments to ‘end all fossil fuels,'” former EPA Chief of Staff Mandy Gunasekara told reporters Wednesday.

According to a report by Bloomberg, regulators would have three years to propose solutions to the violations. However, ongoing regulatory uncertainty common to Biden’s ever-increasing climate change initiatives is likely to disincentivize new permits and drilling in the oil field.

TRENDING: Biden Takes Aim at America's Largest Oil Field, Threatens to Stop Production, Sending Gas Prices Soaring

Texas Governor Greg Abbott reacted strongly to the proposal and called the EPA to drop the proposal.

According to a letter he sent to the administration Monday, Abbott pointed out the direct impact on the lives of Americans. Abbott pledged that if he did not hear back from the administration by June 29, he would take action to “protect the production of oil—and the gasoline that comes from it.”

Abbott called out the hypocrisy of the Biden White House, which has claimed empathy for Americans struggling to afford gas. He said that the EPA’s move would only make things worse for the nation.

The letter states, “You say that you want ‘to bring refineries back online to get more gas to the pump at lower prices…’ That goal… could be thwarted if the EPA is allowed to move forward with its discretionary regulatory process.”

He also states, “If you let the EPA move forward with the untimely and unnecessary measures that accompany redesignation, that action will put 25 percent of American oil supply at risk. That, in turn, could substantially increase the cost of gasoline.”

As of Thursday, there has been no direct response from the White House or the EPA.

 

[jc456]

The Biden Administration has gone bat shit Environmental Wacko crazy. Those bastard have to go before they destroy this country.

Biden Takes Aim at America's Largest Oil Field, Threatens to Stop Production, Sending Gas Prices Soaring | The Gateway Pundit | by Michael Robison

Biden's ongoing climate change initiatives are now threatening America's largest oil field, and could send gas prices well above $5 per gallon

www.thegatewaypundit.com

The Environmental Protection Agency (EPA) is preparing to cite the United States’ largest oil field for violating ozone pollution standards, a move that will threaten the end of oil and gas production in the region.

According to the Texas Governor’s Office, the proposed regulations will directly affect the Permian Basin, the largest oil field in the United States, accounting for 95,000,000 gallons of gasoline per day or 40% of the oil produced domestically.

This would be just one more move from Biden’s administration to impact the lives of every American by reducing the fuel supply and causing gas prices to soar well beyond Biden’s record of $5 per gallon.

“Even as Americans are struggling with $5 gas and record-breaking inflation, team Biden continues to double down on their political commitments to ‘end all fossil fuels,'” former EPA Chief of Staff Mandy Gunasekara told reporters Wednesday.

According to a report by Bloomberg, regulators would have three years to propose solutions to the violations. However, ongoing regulatory uncertainty common to Biden’s ever-increasing climate change initiatives is likely to disincentivize new permits and drilling in the oil field.

TRENDING: Biden Takes Aim at America's Largest Oil Field, Threatens to Stop Production, Sending Gas Prices Soaring

Texas Governor Greg Abbott reacted strongly to the proposal and called the EPA to drop the proposal.

According to a letter he sent to the administration Monday, Abbott pointed out the direct impact on the lives of Americans. Abbott pledged that if he did not hear back from the administration by June 29, he would take action to “protect the production of oil—and the gasoline that comes from it.”

Abbott called out the hypocrisy of the Biden White House, which has claimed empathy for Americans struggling to afford gas. He said that the EPA’s move would only make things worse for the nation.

The letter states, “You say that you want ‘to bring refineries back online to get more gas to the pump at lower prices…’ That goal… could be thwarted if the EPA is allowed to move forward with its discretionary regulatory process.”

He also states, “If you let the EPA move forward with the untimely and unnecessary measures that accompany redesignation, that action will put 25 percent of American oil supply at risk. That, in turn, could substantially increase the cost of gasoline.”

As of Thursday, there has been no direct response from the White House or the EPA.

It’s been the plan since Trump

 

[kaz]

For so much "winning" you and many others sure seem pretty upset. LOL

Who said "winning?" Why did you quote it because I have no idea what you're talking about. The country is fucked by your party stealing the election. I'm not winning shit, and you lied when you said I said so

 

[pknopp]

Who said "winning?" Why did you quote it because I have no idea what you're talking about. The country is fucked by your party stealing the election. I'm not winning shit, and you lied when you said I said so

I'm fairly sure it's not the fault of those of us registered as Independents. But keep on lashing out, that will fix things.

 

[kaz]

I'm fairly sure it's not the fault of those of us registered as Independents. But keep on lashing out, that will fix things.

As a registered independent I know why disagree with both major parties and can tell you. You can tell me why you disagree with Republicans ...