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BKP talks about economy, Grassley letter, Trump, Pelosi, Taiwan, Senate, and more
We are on #WallyWatch. Yesterday all over social media was the reports that Wally was dead. But the family came out saying that Wally was still alive. BKP has a feeling that this is preparing us for Biden Watch. And that Biden is riding a bike and hoping Buttigieg doesn't beat him in a poll, oh wait that already happened.
Trust nothing they are bringing to you concerning the economy. Roubini calls predictions for shallow recession “delusional’. We are going to talk about the recession or lack there of a recession. The media is trying to tamp things down, and don’t want to admit the recession for about 90-days, until the midterm elections.
Chuck Grassley sent a letter to Merrick Garland and Director Wray about violations of Federal laws, regulations and FBI guidelines. Grassley states that “We know there is a coverup with the FBI and other national security offices”. Biden has to go. Grassley is closing in.
All of the networks open this morning are running the story that Merrick Garland has opened the case against DJT. The Department of Justice is aggressively going after DJT, this is not the Jan 6 hearings, the Fulton Co Grand Jury. Saying that no one is above the law.
China considers Taiwan their territory. They do not consider Taiwan to be independent or sovereign. It is Taipei to them. The last time a high ranking official was in 1997. China has to clear the visit before going to Taipei. China has issued a firm warning that Pelosi is not allowed to go to Taipei/Taiwan. China sent the message. Why does Pelosi want to go to Taiwan?
Yesterday, the Senate cleared the key hurdle to boost US chip production in competition with China. They get this hurdle cleared with the nuclear option, allowing the bill to clear with 50 votes instead of the necessary 60 votes. They end the filibuster when necessary, they call it reconciliation. The bill is going to cost $52 Billion.
Taiwan accounts for 92% of the world's most advanced semiconductor manufacturing capacity,
Pelosi’s Husband buys millions in computer-chip stocks before the big subsidy vote. 10 days ago. While AG Garland says that no one is above the law.
Why are we subsidizing this industry? Instead of giving tax relief. Will all $52 billion of taxpayer money be used to increase production in this country? Or will it be released to other countries?
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