Biden Administration Expected to Reinstate Price Controls, Bringing Back 1970s Gas Lines, Experts Wa

Discussion in 'Current Events' started by RodB, Jun 8, 2022.

  1. RodB

    RodB Well-Known Member Donor

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    THREAD TITLE EDITED TO MATCH LINKED ARTICLE

    https://www.theepochtimes.com/biden-administration-expected-to-reinstate-price-controls-bringing-back-1970s-gas-lines-experts-warn_4515225.html?utm_source=News&utm_campaign=breaking-2022-06-07-4&utm_medium=email&est=n8N2FByV8mzzg5YZ17Z/xpF+YWlPLKKKvuTy+flD43VkgZ+z5BxuwZvLiIuxei8z

    Biden will show them...., er us with some sort of inane price controls on gasoline, playing whack-a-mole with the evil oil companies. All for show and no dough. Telling is commentary from Larry Summers. Former Treasury Secretary Larry Summers, during an interview with Bloomberg, called the price-gouging bill “dangerous nonsense.” Summers, who served under Presidents Bill Clinton and Barack Obama, accused Democrats of creating “diversionary confusion” and disregarding “real determinants of inflation,” which he said have to do with the inflated demand created by excessive stimulus measures.

    Talk about a man who doesn't know anything, Biden doesn't even suspect anything..... takes too much cognitive skills. He is an unmoored one man wrecking ball
     
    Last edited by a moderator: Jun 8, 2022
  2. lemmiwinx

    lemmiwinx Well-Known Member Past Donor

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    Hey I know, let's give everyone a working salary for staying home and wearing a mask for couple of years. The money would be coming from those still working and paying taxes as usual. And if we could get Biden's Build Back Better passed we could pump billions more non-existent dollars into the economy. That wouldn't be inflationary would it?
     
    Last edited: Jun 8, 2022
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  3. Andrew Jackson

    Andrew Jackson Well-Known Member

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    Great...
    A MISLEADING Thread Title...
    HERE is the Actual Title:
    Biden Administration Expected to Reinstate Price Controls, Bringing Back 1970s Gas Lines, Experts Warn

    Anyway, I can wait for it to ACTUALLY Happen--Before I (jump the gun and) freak out over what MIGHT happen...
     
  4. AmericanNationalist

    AmericanNationalist Well-Known Member

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    Democrats hated Trump so much they were willing to basically set the economy on fire to get rid of him. Well, mission accomplished but like that meme goes:

     
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  5. omni

    omni Well-Known Member

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    The problem is the previous administration added over 8 trillion to the national debt in 4 years. It was too much money over a small time.
     
  6. Vote4Future

    Vote4Future Well-Known Member

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    More failures from the worst Presidency in every living person's lifetime. Destroying the United States one day at a time.
     
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  7. sec

    sec Well-Known Member

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    A few months ago, CNN ran a pro-socialism article about it. It's ridiculous. Can you say Venezuela

    https://www.cnn.com/2022/01/18/economy/price-controls-inflation/index.html?utm_content=2022-01-18T13:04:22&utm_medium=social&utm_term=link&utm_source=twCNN
     
    Last edited: Jun 8, 2022
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  8. Hey Now

    Hey Now Well-Known Member

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    This^^^ and the OP is from The Epoch Times, a Chinese cult org that supports The 45th Dips**t. Basically, they are fake news.
     
  9. AmericanNationalist

    AmericanNationalist Well-Known Member

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    The Lame Duck's failures are not fake news, as much as WE ALL wish it were.
     
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  10. Hey Now

    Hey Now Well-Known Member

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    The Epoch Times is fake news, AKA, disinformation, deal with it (it's a Chinese cult, think about that) instead of the desperate partisan cudgel.
     
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  11. Zorro

    Zorro Well-Known Member

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    Congress are fools if they grant an idiot like Biden this dictatorial power.

    Thanks to Trump's post election loss of focus on OUR best interests, the only thing between us and this madness is Joe Manchin.

    Butthole Biden claims ‘more Americans feel financially comfortable’ since he took office.

    [​IMG]
    As usual he's lying. "According to CNBC American consumers ended last year with an accumulative 15.6 trillion dollars of debt, which they described as a "record-breaking increase."

    "Biden is facing anger and frustration as Americans are struggling with historic inflation, its effect on the economy, and a possible recession."

    Chaser: Majority Now See Another Depression Ahead.

    "Americans are worried about the stock market and a majority now think the U.S. could soon face another Great Depression."
     
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  12. RodB

    RodB Well-Known Member Donor

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    I know, but didn't think it would fit.:-?
     
  13. omni

    omni Well-Known Member

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    Click bait title from OP. "Expected" is purposely left out of the title. Article makes no mention of Biden hinting at price control.

    Click bait article.
     
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  14. RodB

    RodB Well-Known Member Donor

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    "Fake news" means inaccurate and false news, sometimes deliberately. The Epoch Times is exceptionally accurate and factual, and never confuse opinion with journalism.
     
  15. omni

    omni Well-Known Member

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    Where in the article does it quote or paraphrase Biden will initiate price caps?
     
  16. Hey Now

    Hey Now Well-Known Member

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    It's a cult rag, pure nonsense. It feeds the needy and the vulnerable.
     
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  17. RodB

    RodB Well-Known Member Donor

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    Technically and precisely (and carefully) it doesn't. It talks about the administration talking about cracking down on Big Oil’s “excessive or exploitative” price increases at the pump, and enacting the Consumer Fuel Price Gouging Prevention Act which allows Biden to instill price controls. DUH! But everything the Epoch Times reported was 100% accurate and factual.
     
  18. RodB

    RodB Well-Known Member Donor

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    That's a subjective opinion which I said nothing about. What I said was what the Epoch Times journalism is completely accurate and factual, and if an opinion is presented they clearly label it as such. Hell one of their two main sections is called "Opinion."
     
  19. cd8ed

    cd8ed Well-Known Member Past Donor

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    That’s a strange way to say you were trying to manipulate the thread through misinformation.

    Weren’t you just saying it isn’t free speech to “make stuff up and blabbing it about anyone or anything”?

    So ironic.
     
  20. Hey Now

    Hey Now Well-Known Member

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    No, it's based on who and why The Epoch Times are. If you have to get the information you are desperate to hear from a cult, a foreign cult to boot, it speaks volumes and it's something that you should consider objectively.
     
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  21. Hey Now

    Hey Now Well-Known Member

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    Spot on!
     
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  22. omni

    omni Well-Known Member

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    Here's where you and the epoch times are getting confused. The House of Rep who passed a bill are not part of the Biden administration.
     
  23. RodB

    RodB Well-Known Member Donor

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    It doesn't bother me in the least if a paper or network has biases or even agendas. Every newspaper and network has biases and most have an agenda. The important criteria is whether they journalistically consistently report accurate and factual news. The Epoch Times does; many others like the Washington Post and the NY Times do not.
     
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  24. RodB

    RodB Well-Known Member Donor

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    So??? How does that change anything?
     
  25. Hey Now

    Hey Now Well-Known Member

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    You should rethink that since it shows that you therefore prefer to seek out news that reinforces your mindset.
     

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