Chinese industrial bosses came back from the New Year and were surprised to find that they couldn’t fulfill their orders because the raw materials were too expensive and they couldn’t do it according to the original order price. Abolition of the order means a high amount of liquidated damages, so after the New Year this half month, China’s manufacturing bosses are all anxious, even sleep can not sleep. China’s independent big data experts such observations, but also analyze this is the evil consequences of the U.S. election.
The old barbarian said, President Trump was extreme leftist large-scale fraud to get out of power, the whole world is bound to be led by the United States to lean significantly left. And the first evil consequence of the global left leaning, is the return of extreme environmentalism to the mainstream, and will certainly bring extremely heavy additional evil – Inflation!
Trump saw the hypocrisy of the left in Europe and the United States, ignoring those nebulous environmental slogans, the first major event in office to withdraw from the Paris environmental agreement, while strongly encouraging domestic oil extraction in the United States, the United States shale oil industry has made a revolutionary breakthrough, the United States actually became the world’s largest oil producer and the second largest oil exporter during Trump’s term, no longer have any dependence on Middle East oil.
Shale oil, a brand new energy industry, has greatly suppressed the rise in oil prices only.
The old barbarian introduced two things in this world, is the basis of all commodity prices, first, is Food; second, is oil. Food is not to mention. Oil prices not only determine the cost of transportation, the price of commodities accounted for more than half of the composition of freight, more importantly: oil refining by-products, is the raw material for the chemical industry, is the root of the basic consumer industries such as plastics, clothing. Oil prices rise, not only commodities to rise, even the most common clothing industry to follow the price increase, there is no way.
When Biden came to power, in order to give back to the dancers behind him, he of course had to become more aggressive in his support for left-leaning environmentalism. So his first executive order after taking office was to cancel the construction of oil pipelines between the U.S. and Canada; his second order was to stop approving shale oil extraction permits indefinitely, with no extensions for any of the extraction permits already issued by the Trump Administration after their expiration dates, which are mostly concentrated in the next year or so.
What does this mean? It means that the Biden Administration is about to destroy the U.S. homegrown oil industry under the banner of extreme environmentalism.
With oil prices going up in such a wave, commodity prices are also going up, so copper prices have gone up 30% so far last November. Styrene, an important petrochemical by-product, has also risen by fifty percent. The price of oil + commodities + chemical raw materials generally skyrocketed. The price of
Chinese industrial owners returned from a New Year, and were surprised to find that they could not fulfill their orders because the raw materials were too expensive to do at the original order price. Abolition of the order means a high amount of liquidated damages, so after the New Year this half month, China’s manufacturing bosses are all anxious, even sleep can not sleep.
Oil + commodities + chemical raw materials, these three things, constitute the vast majority of the basic human consumption. The price of these three things has increased significantly, what else can not increase the price? Can hyperinflation still be stopped?
The article goes on to say that inflation was supposed to be on the verge of erupting in 2020 as the entire European and American world was printing money without limits and spreading it helicopter-style. Now well, the last bargaining chip to stop inflation from breaking out has been removed by the White Left.
Cruz: Every Biden Administration Action Is Taking Pressure Off Communist China
U.S. Senator Teb Cruz (R-Texas) warned on March 2 that every action he has seen the Biden administration take in recent days has been to take pressure off the Chinese Communist Party. He suspects that the Biden administration will “systematically and deliberately” “embrace” communist China.
In his Senate floor speech on Tuesday, Cruz said, “So far, we’ve seen every action, every nomination by the Biden administration, as far as it relates to the Chinese (Communist) state, reduce the scrutiny, reduce the sanctions, reduce the pressure on communist China.” “We’ve seen Biden’s stable and systematic embrace of Communist China, and that’s dangerous. It’s brutalizing our country.”
Cruz said that while officials from both U.S. political parties have been mistaking Beijing for a friend, the Communist China virus (COVID-19) pandemic has opened the world’s eyes to “a systematic pattern of lies, deception and death from China’s Communist government.”
Cruz said the U.K. was preparing to let huawei build its 5G network after the pandemic, but “stepped back from the brink” after the country realized the threat of the Communist regime. He argued that the Biden administration’s pattern of appeasement of the Chinese Communist Party “will not alleviate the concerns of U.S. allies, but will encourage them to work with Huawei to build a spy system in the country.
Cruz said, “It would make the United States more vulnerable, and it would make our allies more vulnerable, in order to make the world more vulnerable.”
Cruz opposed the confirmation of Biden’s nominee for Commerce Secretary Gina Raimondo. He argued that Raimondo has joined the ranks of those “eager to embrace the worst elements of the Chinese Communist Party.
U.S. Attorney General for 20 states: HR.1 election bill will be sued if it becomes law
U.S. House Speaker Nancy Pelosi speaks at a news conference at the Capitol on Jan. 14, 2020, to mark the 10th anniversary of the Supreme Court’s Citizens United decision.
Just hours before the U.S. House of Representatives was set to vote on the For the People Act (H.R. 1), attorneys general from 20 states signed a letter of condemnation blasting the election reform law for a series of unconstitutional controversies. The bill had already passed the Democratic-controlled House of Representatives.
The censure, led by Indiana Attorney General Todd Rokita, takes aim at one of the priority bills introduced by House Democrats this session, the so-called “For the People Act,” a massive election reform law that would allow for national mass mail-in voting, the election of 16- and 17-year-olds, and the election of a new president. The bill would allow national mass mail-in voting, voter registration for 16- and 17-year-olds, permanent early voting, minimum verification of online registration, legalized ballot collection, federal matching funds for private donor candidates, and voting rights for felons after they complete their sentences.
According to Fox, the 20 attorneys general said that if the “For the People Act” eventually becomes law, they will appeal to protect the Constitution, the sovereignty of the states, and the rights of elections and citizens.
The attorneys general noted that the For the People Act implicates the Constitution’s Electors Clause, which guarantees state legislatures the power to “directly allocate presidential electors” and gives Congress the more limited power to “fix the Time of election of electors” alone. In the case of congressional elections, both the states and Congress have the power to set the “time, place and manner” of the election.
The attorney general said the Constitution is markedly different in its delineation of the exclusive powers of the two, with state legislatures having a high degree of power over election laws. “This distinction was not an accident of drafting (the Constitution when it was omitted). After extensive debate, the framers of the Constitution intended to exclude Congress from deciding how to choose presidential electors in order to avoid the president’s dependence on Congress for status and power.”
At the end of the letter, the attorneys general faulted the bill for “requiring political speakers to disclose their donor lists.” The attorneys general said the move involves naming, shaming and blacklisting those with different views, in other words, aiming to censor those who disagree with the bill’s authors.
Report: Zhao Xiaolan used his position to benefit the Family business Barr Justice Department refused to investigate
The federal Department of Transportation Office of Inspector General released an investigative report on the 3rd that former Transportation Secretary Zhao Xiaolan (Elaine Chao) was accused of using her position in the Trump administration to take advantage of her sister Zhao Angel (Angela Chao) to manage, and China has a close business relationship with the shipping group, asked the Department of Justice to launch a criminal investigation in December last year, but was rejected by the Department of Justice.
World Journal reported that the report pointed out that the inspector general asked the Department of Justice last year to launch a criminal investigation of Zhao Xiaolan, but in December was rejected by both the criminal unit and the integrity unit of the Department of Justice, when it was the end of Trump’s term.
Commentator Wang Duyan said it was Barr who served as attorney general last December.
The report released on the 3rd pointed out that the inspector general found that Zhao Xiaolan repeatedly by the same means, using the Department of Transportation personnel and the minister’s office for the benefit of family and family business, the ministry’s employees have long questioned whether Zhao Xiaolan behavior offends ethics.
Mitch Behm, deputy inspector general of the Department of Transportation, sent a letter to members of the House of Representatives on Feb. 2, enclosing a 44-page inspector general’s investigation report that documented the actions and findings of the investigation into Chao’s actions; Behm wrote in the letter, “A formal investigation into the alleged abuse of power was approved.”
Chao is the wife of Senate Republican leader Mitch McConnell (R-Ky.). She announced her resignation on Jan. 7 of this year.
U.S. Supreme Court opens trial in two Arizona election cases
The U.S. Supreme Court began hearing two election cases in Arizona on March 2, including a case to prohibit the counting of ballots not from the district and a case to prohibit the mass collection of ballots by third parties. The plaintiff, Arizona Attorney General Mark Brnovich, hopes the cases will serve as a national example to prevent future fraud in the 2020 election.
Ban on reading non-district ballots
One of the cases is Brnovich’s suit against the Arizona Democratic National Committee (DNC), according to the Washington Times. The state’s election law prohibits the counting of votes from districts other than the state’s own.
But in 2016 the state’s DNC took the state to court on the grounds that the law discriminated against minorities, claiming that Hispanic, African-American and Indian voters in the state were unable to go to the polls because their families were too poor to find transportation to the polls.
A local district court dismissed the charges, upholding Arizona state law.
The state’s Democratic National Committee then took the case to the Ninth Circuit Court of Appeals, whose Clinton-appointed judges overturned the district court’s ruling, finding that the state law affected more than a tiny minority of voters, and therefore found that the state’s bill was discriminatory in intent.
Brunovich, who took the case and the state’s DNC to the Supreme Court, said in court that the case was an attempt by liberals to challenge state law, and that state legislatures must have the right to enact common sense election statutes and not worry about them being overturned by unelected officials based on their own preferences, saying, “To do otherwise would lead to uncertainty in elections, and and would create confusion.”
Ban on third-party mass ballot collection case
Another case involves Arizona’s H.B. 2023. This bill would prohibit the mass collection of ballots by third parties by requiring that early ballots from voters in the state be submitted to state campaign officials only by family members, or by caregivers or mailers.
The state Democratic National Committee says the law violates the Second and Fifth Amendments to the Election Code and is discriminatory because the state’s Native Americans, other minorities, and the poor may not be able to receive or send mail-in ballots, so third parties are required to go out and collect them.
Arizona Republicans have therefore taken the case and the state’s Democratic National Committee to the Supreme Court.
1 dead in 10 rocket attack on U.S. military post in Iraq
Following U.S. airstrikes against pro-Iranian militias in Syria, at least 10 rockets were fired at a U.S.-led coalition base in western Iraq on the morning of March 3, and an investigation is underway by coalition and Iraqi forces.
U.S., Iraqi and coalition forces are stationed at the base to assist Iraq in its fight against the remnants of the Islamic State (ISIS) terrorist group.