Joe Biden and John Kerry Looking To Make The Private Sector The Fall guy for their Shortsighted Climate Change Agenda – June 2, 2021,

The last housing market crash and the Wall Street Bailout came in large part because of Bill Clinton and George W. Bush both of who goated the private sector to finance stupid government ideas that were obviously unsustainable. In the late 1990s and early 2000s, the private sector trusted the U.S government, but as we all remember under Barack Obama, he shifted all blame to the private sector, when he inherited the housing market crash and BAILED OUT Wall Street.

You see although Barack Obama bailed out Wall Street, people don’t blame Barack Obama, they blame the private sector. So since that event, a large portion of the private sector is refusing to simply go along with government stupidity. The private sector might pretend they’re going along with government stupidity but their actions show something different.

Now, I’m not sure if this is going to change, but the mere fact that John Kerry is basically threatening the private sector to do whatever John Kerry says goes to show you how useless the Federal Government is. The Federal government doesn’t build anything, people who believe in big government don’t understand that incentives matter and if the cost outweighs the benefit, most private companies and citizens will refuse to participate.

As far as this socialist climate change scheme goes, I have no forecast if it’s going to work, but it’s becoming increasingly obvious that Joe Biden and company have no real plan, I’ve listened to a lot of Leftists and how their brains work is that they believe if they throw enough money out there, someone will come up with the next great idea, the problem with these climate change scheme and ending green emissions quickly, is that the next great idea which is realistically scalable is Nuclear energy.

These biomass and other green credit schemes are not only wasteful but could also bankrupt a lot of banks because people have to realize that these green credits will be issued by the government. Tesla as an example still isn’t profitable there are a lot of companies that aren’t profitable and for small businesses to lend to them could put a lot of money at risk and if these banks fail because John Kerry told them o do “a,b,c” the new administration the proceeds Biden will conveniently blame the small banks and various private sectors, just like Obama did.

When GM failed, it didn’t fail because Americans can’t make good cars, it failed because the labor unions lobbied the politicians, to make laws that benefited the labor unions. Japan, Korea, and Germany don’t make better cars because Americans are incompetent, they make better cars because their labor unions aren’t working to destroy the hen that lays the golden goose.

Anyway, if small banks stop lending or are forced into a position that can put them on the edge of bankruptcy, all this does is increase the likelihood of economic deflation, shortages, and fiat price inflation. Price inflation in a deflationary economy is DEPRESSING, it’s why the European Union was formed, if people forget most of Europe had embraced democrat socialism and were anti-free-market capitalism.

The EU bailed out a lot of bankrupt European nations and in less than 25 years, Greece has defaulted, We all heard about Cyprus, Italy has all sorts of problems with its economy as do Spain and France.  The countries Bernie Sanders loves so much have been scaling back on socialism because democratic Socialism is DEPRESSING and only benefits the rich, if we continue down this path this is something lovers of big government will learn the hard way.

interesting times ahead!