Category: Economics

14-39 The 2024 Election – Two Elements of What’s at Stake

14-39 The 2024 Election – Two Elements of What’s at Stake

Show 14-39 Summary: It’s not just the candidates running. It’s what’s at stake in this election. And we look at just two elements with huge implications. Control over federal agencies, whether those will expand or be reined in and deregulated. And all the federal land that might be at stake thanks to a potential Supreme Court ruling — if they take it up and if the next administration acts on it.

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Original Air Dates: September 28, 2024, 2024 | Guests: Kimberley Hermann and Myron Ebell 

This Week – What’s at Stake

It’s never just about the candidates running. It’s what’s at stake after the election. And we look at just two elements with huge implications of those potential futures. While the economy gets most of the attention, it’s much more than that.

First, we look at control over federal agencies, and whether those will expand or be reined in and deregulated. Or even disbanded. The regulatory agencies are the leash on the economy. Will the economy be given more rope or even let run off leash? Or chained up?

You can guess which candidate wants what on that. But with the new Loper-Bright Supreme Court decision, that overturned a previous SCOTUS ruling, Congress could, if it has the backbone, rein in these overreaching agencies that prevent economic expansion. We talk with Kimberley Herman, the executive director of Southeastern Legal Foundation, about what the overturn of the Chevron deference could mean for the future of government.

What’s at Stake: 640 million acres of federal lands

Years ago, we followed the effort to allow states to take possession of the federal lands within their own borders that had been promised to them at the time of statehood. And all the federal land that might be at stake thanks to a potential Supreme Court ruling — if they take it up and if the next administration acts on it.

That is, after all, what happened with the states east of the Mississippi. None of those states have massive amounts of land in their borders still held by the federal government. But for states West of the Mississippi and in particular, West of the Rockies, states have tremendous amounts of land within their borders still held by the federal government. Oregon has 53.03% of its land that is not its land—it’s held by the federal government. and it’s also tremendously mismanaged by the federal government. Meaning they don’t. And that’s why Oregon has massive forest fires every year. When you don’t manage forests they become kindling factories.

Now, a new lawsuit by Utah is at the Supreme Court. All they need are four justices to vote to hear the case before the full court. This could have huge implications for states that have so much of their land held by the federal government which is doing nothing with it. Imagine the impact of land being brought into active production and use whether that’s agriculture, timber, mining, camping, hunting… Kind of activity that will spur the economy. not to mention create taxable wealth for the government. Rather than letting it sit there and rot and burn which only wastes taxpayers’ money.

We welcomed back long-time guest, Myron Ebell (although it’s been a long time since we last spoke), who is now the chairman of American Lands Council.

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Show Notes: Research, Links Mentioned & Additional Info

14-34 Oregon’s New Redistribution Scheme: The Climate Protection Plan

14-34 Oregon’s New Redistribution Scheme: The Climate Protection Plan

Show 14-34 Summary: Oregon’s latest wealth redistribution scheme, Governor Kotek’s Climate Protection Plan, is a plan to solve to solve nothing. It is a carbon cap and trade scheme forcing to pretend to cut carbon dioxide emissions. It will have no impact on climate. Zero. None. But it will cost Oregonians millions more every year. In higher food prices. Higher utility bills. And any goods that are shipped and delivered will also cost more. It’s also a plan that Oregonians have directly and indirectly rejected three times before. So why are they doing it?

Be sure to scroll down to the show notes section for the links to submit your comments and tell them no.

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Original Air Dates: August 24th & 25th, 2024 | Guest: Chuck Wiese

This Week – Oregon’s Climate Protection Plan

This week’s show is a big one — discussing Oregon’s latest scheme to redistribute wealth: the Climate Protection Plan.

The CPP will force a carbon cap and trade program on Oregon’s businesses, which will impact many things you buy and need. Apparently, Governor Kotek and the democrats think that you’re STILL not paying enough on food and utilities, let alone all the other aspects of your life that will be impacted.

This Climate Protection Plan is a scheme that Oregonians rejected directly by turning down a ballot initiative. They rejected it indirectly through their legislature, which wouldn’t pass the bill. And a third time after Governor Brown’s executive order establishing it was tossed by Oregon’s Court of Appeal. Why? Because in her authoritarian zeal to force her belief system on Oregonians, they failed to meet public meeting laws. In fact, the court said the governor and DEQ didn’t appear to even try to meet the public meeting laws.

But the nation’s worst governor, Tina Kotek, (she came in 50th out of 50 in a recent survey) is trying to resurrect it. The DEQ is taking public comment on it right now. And you need to weigh in.

Take action! Head to the Climate Protection Plan page at the DEQ, then scroll down to the public involvement section. If you already know you’re a “no” then submit your comments on Oregon’s CPP by emailing Nicole Singh: cpp.2024@deq.oregon.gov

We interview meteorologist Chuck Wiese to discuss how this CPP will cost Oregonians millions — to solve a non-existent problem.

Climate Protection Plan: the Pretend Solution to an Imaginary Problem

Bad data leads to bad information. Bad information leads to bad decisions. And that’s the foundation of Oregon’s Climate Protection Plan. Chuck Wiese walks us through why the climate change (aka “global warming”) scaremongering is simply wrong.

The whole foundation of Climate Change is that CO2 is warming the Earth and that mankind’s carbon dioxide contribution is causing the warming. Except it’s a wrong idea based on bad information that is based on bad data. And now Oregon’s politicians are forcing a solution to a non-existent problem.

The non-existent problem is that Oregon’ puny CO2 emissions, even if entirely eliminated, is so small (we’re talking hundredths of a percent) that it would make no difference. At all. Especially since China is busily increasing its emissions more than Oregon could possibly cut.

Their solution? A carbon cap and trade scheme. It’s a scam. See the show notes section for lots of information on carbon credits and cap and trade schemes and how they do nothing to fix the “problem” of carbon emissions. As one article says, “Ultimately, carbon credits incentivize the buying and selling of carbon credits, rather than reducing the amount of pollution companies produce. Shell is a classic example of this; the company now has a very lucrative business line of creating and selling carbon credits.”

Yes. It’s all about money. Bilking industries out millions of dollars and redistributing it. Especially to far left environmental “non profits.”

Carbon Dioxide as the Fake Enemy

It’s simple. If Democrats and environmentalists and the far left we’re truly serious about carbon and carbon dioxide they would do a far, far better job of force management. Trees need and suck in carbon dioxide out of the atmosphere. Instead, the Democrats and environmentalists and the far left refuse to do proper forest management. They refuse to cut timber. and what happened? Millions of acres have burned putting all that carbon and CO2 back into the atmosphere not to mention all that soot and particles that they claim to worry about.

Tina Kotek’s Department of Forestry literally just took some 57% of Oregon’s forests offline because of their Habitat Conservation Plan. They are not at all serious about carbon dioxide. So don’t listen to them when they lie to you and claim that they care about carbon dioxide.

The I Spy Radio Show Podcast Version

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Show Notes: Research, Links Mentioned & Additional Info

Take action! Head to the Climate Protection Plan page at the DEQ, then scroll down to the public involvement section. If you already know you’re a “no” then submit your comments on Oregon’s CPP by emailing Nicole Singh: cpp.2024@deq.oregon.gov.

Oregon State has valid reasons for opposing Elliott forest carbon-crediting scheme (Oregon Capital Chronicle, Aug 20, 2024)

Actually, it’s the DEQ misleading people: “Oregon DEQ says NW Natural is misleading people on state climate program” (OregonLive, Aug 20, 2022)

Learn about carbon credits and cap and trade schemes

  • Great video—good info and simple to understand: Carbon credits are a complete scam (Auto Expert John Cadogan, YouTube Channel, Jan 9, 2024)
  • Exposing the Carbon Credit and Offset SCAM (Belinda Carr, Apr 20, 2022)
  • Carbon Credits Are the Biggest Scam Since Indulgences—How You Can Avoid Being Fleeced (The Burning Platform, June 11, 2024)
  • The Carbon Credit Scam: Financial Cost, Virtue Signaling, Little or No Environmental Benefit (Gateway Pundit, May 24, 2024)
  • Carbon credit scam exposed: carbon markets fail as CO₂ declines (CFACT, Apr 02, 2020)
    • “…the existence of these markets sets up a perverse incentive. To the average climate campaigner, the goal of such a “market” is to eventually bring CO₂ emissions to as close to zero as possible. But for those companies making big bucks off of carbon credits, when the so-called “pollution” falls, so do their profits. They don’t plan on giving that cash flow up any time soon.”
  • Boondoggle: Carbon capture projects are worse than a public nuisance (CFACT, June 8, 2024)
    • This HAS to be one of the dumbest ideas ever: “…a giant carbon sequestration project on and underneath federal land [in Montana’s Snowy River region]. It would be supported by a vast “carbon capture” network consisting of tens and thousands of miles of new pipelines and dozens of remote storage sites.
    • Carbon offsets are an artificial commodity – completely unrelated to the climate or any other tangible asset. They are an open invitation to fraud because it is impossible to say what effect buying or selling them will have on the climate.
  • World’s largest seller of carbon credits EXPOSED as scam operation (Natural News, March 29, 2023)
  • Unveiling the Potential Scam and Fraud of Carbon Credit Schemes (Irfan Nasrullah via Medium, Sept 27, 2023)
  • Even Greenpeace agrees that carbon credits are a scam, calling them “greenwashing” and “window dressing.
    • “Carbon offsetting is truly a scammer’s dream scheme.” And that’s from Greenpeace, true climate change believers
14-33 Is it Still Free Speech When No One is Allowed to Listen? | Censorship & Greater Idaho

14-33 Is it Still Free Speech When No One is Allowed to Listen? | Censorship & Greater Idaho

Show 14-33 Summary: Truth, or even just opinions, never need to be censored — unless you’re in the business of telling lies. We have a split show today — we’re talking about censorship in the second-half of our show, but first up we’ll be talking about the Greater Idaho Movement. Those two may sound like unrelated topics but at their heart, they’re quite similar — it’s about being free, and being free to speak one’s mind. And it’s about the powers that be blocking voices who have opinions they don’t like.

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The I Spy Radio Show airs weekends, seven times over the weekend, on seven different stations. Listen anywhere through the stations’ live streams! Check out when, where, and how to listen to the I Spy Radio Show. Podcast available Mondays after the show airs on our network of stations.

Original Air Dates: August 17th & 18th, 2024 | Guests: Matt McCaw & Dan Schneider

This Week – Greater Idaho and Greater Censorship

We have a split show today — we’re talking about censorship in the second-half of our show, but first up we’ll be talking about the Greater Idaho Movement. Those two may sound like unrelated topics but at their heart, they’re quite similar — it’s about being free, and being free to speak one’s mind.

But do you really have free speech if the powers that be prevent anyone from being able to hear you?

Censorship is about only allowing one side of an issue to be discussed. The erasing… and silencing of other opinions. Only one side is heard, and any others? Well, we just don’t care. Only OUR voice matters.

Which is a bit like what happens in rural areas, where people who live there aren’t listened to. They have no voice. The only ones who do have a voice in rural areas are people who don’t even live there — people in big cities in other counties get to decide what’s best for rural areas.

Greater Idaho

First up we talk with Matt McCaw, the executive director of the Greater Idaho movement. This is an effort to expand Idaho’s border to the west and incorporate the more conservative rural counties of Eastern and Central Oregon. Counties that feel they have no voice in Salem. Because are outvoted by Oregon’s more populated far left counties. Which amounts to people who don’t live in rural areas telling people who do what they are allowed to do.

We’ve used this analogy before: letting people in cities make decisions about what people are “allowed” to do in rural areas is like letting people in rural areas decide things like how much internet people in cities are “allowed” to have. Or public transit. Or decide whether to build new roads or design traffic flows.

It’s an abusive relationship. And people in the rural counties are done with being battered and want out.

But if you think this divorce will never happen, take a listen. And it might just surprise how simple it is. And that it’s happened before. Right here in Oregon.

For more information on the Greater Idaho Movement, see their website: GreaterIdaho.org. Be sure to see their FAQs page.

The Censorship Movement

In the second half of the show, we talk “Greater Censorship” with Dan Schneider. Dan is the vice president of the Media Research Center, where he leads the Free Speech America program.

We witnessed censorship during covid. When differing opinions were blocked. Scientists and doctors were threatened if they did not comply. Threatened with losing their license if they disagreed with the mandates. And the vaccines. We saw censorship in the 2020 election. When the government conspired with social media to block posts unfavorable to Joe Biden. Especially the Hunter Laptop story. We saw Twitter remove Trump’s post on January 6, encouraging people to be peaceful and everyone needed to go home. But the media hid that. Why? To create the false narrative of an “insurrection.” And that Trump caused and encouraged it.

Simply put, it was a lie.

Remember: The truth never needs to be censored — unless you are in the business of telling lies.

EU Commissioner Thierry Breton's threatening censorship letter to Elon Musk re Trump Interview
EU Thierry Breton’s threatening letter to Elon Musk (click for full size)

Censorship — from Other Countries?

But the censorship movement hasn’t stopped. Elon Musk may have bought Twitter (now “X”) and exposed the censorship — because he knows there is nothing more fundamental to democracy and to freedom than free speech — but the censorship is still happening. And in many respects, it feels like it’s getting worse.

Is it? We talk with Dan about that. And we talk about the censorship we are seeing over in Europe and the U.K. with their protests against millions of immigrants. The EU’s threats against Elon for daring to talk to Trump—an American politician and presidential candidate. (“Foreign interference in our elections,” anyone…?) And it’s all happening live right now. Right in front of our faces.

But be sure to tune in to hear about a closed door meeting that MRC got a whistleblower inside. A secret meeting with Google telling leftist politicians how to get around Google’s own algorithm and restrictions on political speech. And, conveniently, not inviting right-leaning politicians.

And in case you’re wondering — yes, the censorship movement will get far worse under Kamala and Tim Walz. Both of whom are socialists. And that entails all of the censorship in any socialist country. You are not, and will not, be allowed to question the regime.

The I Spy Radio Show Podcast Version

Trapped under a heavy object? Missed the show? Don’t worry—catch the podcast version. Mondays, after our network of radio stations have aired the show, I Spy Radio is now available on your favorite podcasting platform, or you can grab it right here. See the full list of podcast options.

Show Notes: Research, Links Mentioned & Additional Info

Matt McCaw, Greater Idaho, Segments 1–3

  • The Greater Idaho’s website is GreaterIdaho.org. See especially their news page and FAQs.
  • And, as always, check their Get Involved page for what you can do to give rural counties a voice by making Greater Idaho happen.
  • Just one of their interviews from Greater Idaho’s main page: “The movement to expand Idaho’s border into Oregon (CBS News Sunday Morning, October 16, 2022)

Dan Schneider and the Censorship Movement, Segments 4–6

Related/Additional

  • The Most Dangerous Anti-Free-Speech Movement in Our History (Fox News, via YouTube, Aug 12, 2024)
    • Alliance between Universities and media and govt and corporations against free speech
    • Polls show people still have an instinctual opposition to censorship
    • Jonathan Turley: “The Indispensable Right: Free Speech in an Age of Rage”
  • The Reintroduction of Kamala Harris (Time, Aug 12, 2024)
  • Kamala Steals Trump’s No Tax on Tips (Trump War Room, via X, Aug 12, 2024)
  • Inside Elon Musk’s Hands-On Push to Win 800,000 Voters for Trump (WSJ, Aug 12, 2024)
14-32 Crashes and Recessions | Bidenomics, Kamalanomics, and Walzonomics

14-32 Crashes and Recessions | Bidenomics, Kamalanomics, and Walzonomics

Show 14-32 Summary: Why talk about economics? Because the number one issue for most voters is economics. So if you want to influence how people might vote, you need to know the economic issues at stake and the differences between a Trump administration and a Kamala one. Poor jobs numbers caused the recent stock market crash. Was it just the unemployment numbers and the triggering of the 100%-accurate Sahm Rule that indicates we’re in a recession? Or did the economy not have faith in the guy with dementia allegedly in charge of it? Expect more downturns if Kamala and Walz get elected. The single best answer to Bidenomics, Kamalanomics, and Walzonomics is something we know works: Trumponomics.

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The I Spy Radio Show airs weekends, seven times over the weekend, on seven different stations. Listen anywhere through the stations’ live streams! Check out when, where, and how to listen to the I Spy Radio Show. Podcast available Mondays after the show airs on our network of stations.

Original Air Dates: August 10th & 11th, 2024 | Guest: Jonathan Williams

This Week – Bidenomics, Kamalanomics, and Walzonomics

This week, it’s about economics, a topic that surveys repeatedly show as being the number one or near the number one issue for voters. We talk with Jonathan Williams from the American Legislative Exchange Council to take a look at the stock market crash beginning Friday August 2nd and rolling over to Monday. And the lingering jitters as a result of it. Are we one market correction away from a major recession?

Then we look at Bidenomics, Kamalanomics, and Walzonomics — all of which get progressively worse because each of those is further left than the previous one. Reagan once said, “The nine most terrifying words in the English language are: I’m from the Government, and I’m here to help.” Although we might have a new contender for the one- most terrifying word — Kamalanomics.

We don’t know what Kamala thinks. We don’t know if she thinks or is just spouting what other people tell her to think. But she has said she “loves Bidenomics!” and that she will get rid of the Trump tax cuts on day one if elected.

If you thought Bidenomics was bad, Kamalanomics will crush you. And Walzonomics would be even worse because he’s an avowed socialist.

Well. The answer to Bidenomics, Kamalanomics, and Walzonomics  is something we know works. Trumponomics. So we also take a look at some of Trump’s solutions. But with so much to talk about, time ran a bit short so we’ll have to take a look at his solutions in more depth on a future show.

Socialism is Not Neighborliness

Sorry Governor Walz, socialism is not neighborliness. Socialism is not kind. Socialism is not neighborly. Not even close.

Socialism is about total government control. It is the nationalization of the economy. And that only happens through the control of resources and the means of production, which happens through the end of private property. And if you don’t like it, socialism is imposed at the end of a gun.

Do you threaten your neighbors with guns, Governor Walz?

Our founders knew that without private property there really is no freedom.

Socialism deprives people of their incentives to do better. Their desire to succeed because it punishes those who try — as more and more “neighbors” lay their claim to someone else’s success and demand their piece of it bec they have been told they are entitled to it

I don’t know what kind of neighborhood you live in, Walz, but most neighbors I know don’t think that they are entitled to take someone else’s lawn mower.

The I Spy Radio Show Podcast Version

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Show Notes: Research, Links Mentioned & Additional Info

  • Jonathan’s organization is ALEC – the American Legislative Exchange Council. Find out more at ALEC.org.
    • Encourage your representatives to join ALEC! There are state and city memberships. Help elected officials understand economic problems and the real solutions available to get out of them! Send them this link: https://alec.org/membership/.
    • And you too can join as a private-sector member!
    • You can follow Jonathan on Twitter at @TaxEconomist.
  • Head to Rich States, Poor States to see how your state is doing. And for a taste of what Kamalanomics and Walzonomics would be like, check out how badly Minnesota is doing under governor Tim Walz. (Hint: worse than Oregon!)
  • Check out Trump’s platform, “Agenda 47.” A 20-point plan, much of which focuses on the economy.

The Stock Market Crash and Recession

  • Dow drops 900 points, Nasdaq craters 2% in global market rout (CNBC, August 5, 2024)
    • Fears of a U.S. recession were the main culprit for the global market meltdown after Friday’s disappointing July jobs report.
  • Stocks routed in Asia, tumble in Europe as markets fear U.S. recession in wake of weaker than expected jobs report (CBS, Aug 5, 2024)
    • Japan’s benchmark stock index plunged 12.4% on Monday, compounding a global market rout set off by investor concerns that the the U.S. economy could be headed for a recession.
  • This recession indicator is flashing red, but the ‘Sahm Rule’ creator says ‘this time really could be different’ (Fortune, August 2, 2024)
    • “The Sahm Rule’s accuracy rate is 100% going back to every recession since the early 1970s.”
  • Unemployment Rate Spike Triggers ‘Sahm Rule’ Indicator, Signaling Potential US Recession (The Epoch Times, August 5, 2024)
  • Fury as Biden tries to defend his record – as stock market meltdown intensifies in afternoon trading in blow to 401(K)s (UK Daily Mail, August 5, 2024)
    • “Wall Street’s most watched gauge of investor anxiety logged its largest ever daily jump on Monday. [The Cboe Volatility Index or VIX] hit the highest level in four years — when it last spiked as Covid shut down the economy.

Kamalanomics

Walzonomics would be Worse than Kamalanomics

 

14-29 Split Show: Trump Assassination Attempt and Chevron Decision

14-29 Split Show: Trump Assassination Attempt and Chevron Decision

Show 14-29 Summary: We discuss sniper expert Scott McEwen (co-author of the bestseller, American Sniper) the timeline of events, the bewildering mistakes along the way of the failed Trump assassination attempt.  And the unanswered questions. Also, the Chevron decision defanged the Deep State. They definitely would not have minded if the attempt was successful. But what now with all those agency regulations going forward?

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Original Air Dates: July 20, 2024 | Guest: Craig Rucker and Scott McEwen

This Week – The Failed Trump Assassination Attempt

We had scheduled bestselling author, Scott McEwen, weeks ago to discuss another military-related issue. But then the Trump assassination attempt happened. And everything we’d planned went out the window.

Scott McEwen is the co-author of the New York Times bestselling book, American Sniper, the story of the most lethal sniper in U.S. military history. He also has his own books on snipers, including the Sniper Elite series. So who better to talk to about what happened that fateful day in Butler, PA?

If you have not seen the Trump assassination attempt, watch this clip on X: “I was watching live and rewound the video and recorded.”

We walk through a timeline of events, what is known and the conflicting reports on many of the events. Much of the interview centers on the Secret Service’s bewildering mistakes and missteps. Not to mention the bewildering (a polite word for “completely moronic and stupid) excuse of not covering the roof, because it was sloped. Someone should tell the Secret Service director, the roof is the nearly the same slope recommended by the ADA for handicapped ramps.

Watch: A year before the Trump assassination attempt, Tucker Carlson called it. Tucker predicted that we were on a trajectory for an attempt to take Trump out.

Perhaps the most troubling of all is this: how is it that so much bungling just happened on the one day at the one event where there was an actual assassination attempt on President Trump?

Breaking after the interview – Sen. Josh Hawley: the security detail on the day of the Trump assassination attempt had inexperienced DHS personnel, not Secret Service. Also, Congressman Mike Waltz: FBI briefing says shooter Thomas Crooks had three encrypted overseas accounts.

But first… the SCOTUS Chevron Deference Ruling

We took some time off for July 4th and it just so happened during that time that one of the most important SCOTUS rulings — which we’ve been waiting months for — came down. The Chevron deference decision. (Also called, Chevron doctrine.)

This threw out a previous SCOTUS ruling from back in the mid-80s when Congress was very different. When Congress as a whole had the best interests of the country at heart, even if they approached it from different viewpoints. But it was America first.

What Chevron did was finalize the era of the administrative state, which had been growing for decades. It effectively gave bureaucrats law-making authority. Not the actual laws. Just the part of laws that matter: the rules. When Congress passes laws that have (intentionally, in some cases) ambiguous or gray areas, the bureaucrats step in. They set the rules.

But it gets worse. The administrative state bureaucrats not only set the rules, using their government-approved “experts”, they determined for themselves how fair the rules were through administrative law judges. Think of them as agency-appointed judges, not trial judges with juries. And, under Chevron, if it did make it to a federal court, the courts deferred to the agency and their experts.

It’s about as fair and trustworthy as an accountant auditing themselves. What could possibly go wrong?

Well, a lot did. We talk with Craig Rucker, the president of CFACT, about what happened under Chevron and what will happen now it’s gone. And good riddance.

The I Spy Radio Show Podcast Version

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Show Notes: Research, Links Mentioned & Additional Info

Chevron Ruling / Craig Rucker, Segments 1–3

Trump Assassination Attempt / Scott McEwen, Segments 4–6

 

14-28 Data Shows Bidenomics Suffering from Economic Dementia

14-28 Data Shows Bidenomics Suffering from Economic Dementia

Show 14-28 Summary: We’re talking economics and the rather grim picture being painted by the data—if someone actually bothers to look. You know. Like what the media used to do. Hold truth to power. While America’s economy is suffering through economic dementia under Joe Biden, there is not a lot of good news. Not even in supposedly “good” job reports — because they keep revising things down when they think no one is looking. But there are some bright spots ahead. If, and only if, we change who is in charge of our economy. So when will the media stop covering up Joe’s economic dementia?

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Original Air Dates: July 13th & 14th, 2024 | Guest: Jonathan Williams

This Week – Bidenomics: Economic Dementia

Despite the left stream media’s best cheerleading efforts, actual data about the economy is getting out. And it’s not good. Spikes in business bankruptcies. Especially small business bankruptcies. Even personal bankruptcies.

With all the business bankruptcies, and others reporting on the verge of bankruptcy, it’s no wonder that there is also a spike in store closings. If they continue at this rate,

In an America suffering from economic dementia, we need some common sense. Which is why we turn to Jonathan Williams, the Executive Vice President of Policy and the Chief Economist for ALEC. The American Legislative Exchange Council.

Economic Dementia: Did you know?
Under Bidenomics, 27% of Americans say they skip meals due to rising food costs.And 39%  skip meals to make house or rent payments

It seems there is no end of bad economic indicators. (Just take a gander at the show notes below.) A spike in bankruptcies. Cruelly keeping interest rates high Thousands and thousands of store closures. Including discount stores. (How bad is Bidenomics when people can’t even afford to shop at discount stores?) And regulations weighing down businesses. And in the middle of all that Joe Biden and the democrats want to raise taxes? That’s not just economic dementia. That’s economic suicide.

The only way out is to change the people in charge. Because if the definition of insanity is doing the same thing and expecting different results, then electing the same politicians is political insanity.

The left-stream media and democrats have signaled (okay, shouted) they want Dementia Joe to go. CNN, if you can believe it, just fact-checked Biden’s “high-stakes news conference”. Yes. CNN!

Be on the lookout. Joe Biden’s economy has been terrible ever since he’s been in office. But the media has been providing propaganda cheerleading to convince you otherwise. Bt when the left-stream media stops covering for Joe’s economic dementia? That’s when you’ll know the knives are out.

Because no one wins an election when the economy is in the toilet.

The I Spy Radio Show Podcast Version

Trapped under a heavy object? Missed the show? Don’t worry—catch the podcast version. Mondays, after our network of radio stations have aired the show, I Spy Radio is now available on your favorite podcasting platform, or you can grab it right here. See the full list of podcast options.

Show Notes: Research, Links Mentioned & Additional Info

Jonathan Williams and ALEC Links

  • Jonathan’s organization is ALEC – the American Legislative Exchange Council. Find out more at ALEC.org.
    • Encourage your representatives to join ALEC! There are state and city memberships. Help elected officials understand economic problems and the real solutions available to get out of them! Send them this link: https://alec.org/membership/.
    • And you too can join as a private-sector member!
    • You can follow Jonathan on Twitter at @TaxEconomist.
  • How did Oregon do in the 2024 edition of Rich States, Poor States?
  • Jonathan’s op-ed in The Daily Caller: “Biden’s Pledge To Let Trump’s Tax Cuts Die Has Stirred Up A Hornet’s Nest” (Daily Caller, June 10, 2024)
  • Those blue states that have seen the light: Hawaii and Connecticut: “‘Blue’ States Make Fiscal Progress: Jonathan Williams on American Radio Journal” (via ALEC, June 27, 2024)

Economic Dementia Links & Info

  • Department of Interior shuts down millions of acres of Alaska to all oil, gas and mining activity (Just the News, July 8, 2024)
    • Biden’s Department of Interior blocked 28 million acres of federal land in Alaska from any oil or gas development or mining
    • Biden’s Interior also blocked a 200-mile gravel road that would have connected mining districts in West Central Alaska to a highway that runs through the middle of the state.
  • Bidenomics: 27% of Americans Say They Skip Meals Due to Rising Cost of Food (Gateway Pundit, July 6, 2024)

We have so many economic dementia links, let’s break them into sub-categories.

GDP

Jobs

  • Peter Schiff: More Doom in the Data (ZeroHedge, July 10, 2024)
    • It was especially bad for manufacturing jobs: Zero manufacturing jobs were created in May. And 8,000 manufacturing jobs were lost in June.
  • Payrolls Rise 206K After Huge Downward Revisions As Unemployment Rate Jumps To Three Year High (ZeroHedge, July 10, 2024)
    • May jobs revised from 272K, to 218K (-54K; -24.8%)
    • April jobs revised from 165K to 108K (-57K; -34.5%)
  • June Jobless Rate Triggers Sahm Rule: Recession Imminent? (ZeroHedge, July 10, 2024)

Bankruptcies & Store Closures

  • Business Bankruptcies Jump 34 Percent in First Half of 2024 (Epoch Times, July 8, 2024)
    • In the first half of this year a total of 3,016 commercial Chapter 11 bankruptcies were filed — an increase of 34% from last year
    • Small business filings rose by 61%
    • [Lumber Liquidators] Home improvement chain mulls bankruptcy (Daily Mail, July 8, 2024)
  • US retail bloodbath continues as store closures hit 2,600 so far this year – here’s the full list (UK Daily Mail, May 8, 2024)
  • The death of the dollar store: 99 Cents Only and Family Dollar to shutter hundreds of stores in ‘retail apocalypse’ (Daily Mail, May 26, 2024)
  • Nationwide discount retailer with 1,400 stores sparks fears of mass closures as it mulls bankruptcy (Daily Mail, July 5, 2024)
    • Big Lots has used up most of its cash on hand because of the losses so far this year — on top of  the last two years
    • Big Lots said all of this raises substantial doubt about the company’s ability to continue.
    • How bad is Bidenomics when people can’t even afford to shop at discount stores?
  • Wilco says it could lay off 70 people, close hazelnut processing facility (Statesman, July 8, 2024)
  • Kroger-Albertsons selling 186 Oregon, Washington stores in merger bid (KOIN, July 10, 2024)

Oregon’s Own Economic Dementia

 

 

14-18 Troubling Signs about Bidenomics | Learn to Think Like an Economist

14-18 Troubling Signs about Bidenomics | Learn to Think Like an Economist

Show 14-18 Summary: Does anyone remember when the media objectively covered economics. After all, so much of it revolves around data. And yet the mainstream media does everything it can to attack good economies, like we had under Trump, while providing cover for lame economies, driven primarily by government and government spending, like what we have under Joe Biden. So how do you know what to trust and whom to trust? On this week’s show we talk to an economist to help you think like an economist.

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The I Spy Radio Show airs weekends, six different times, on seven different stations. Listen anywhere through the stations’ live streams! Check out when, where, and how to listen to the I Spy Radio Show. Podcast available Mondays after the show airs on out network of stations.

Original Air Dates: May 4th & 5th, 2024 | Guest: Jonathan Williams

This Week –  Despite the mainstream media doing their best to run cover for Biden and his economic policies, there are some troubling signs about Bidenomics. And some of it really troubling. Which is why you’re not hearing those kinds of stories in the mainstream media.

When it comes to the economy, White House Press Secretary Karine Jean-Pierre is Biden’s DEI hiring-equivalent of “Baghdad Bob.”

GDP for the first quarter was half of normal growth and less than half of the previous quarter. Unemployment for April rose with one of the indicators the worst it’s been since November 2021. And yet all we ever hear out of the White House is how great things are. Including a rather startling comment from KJP. According to her, prices are too low. That woman is Biden’s DEI hiring equivalent of “Baghdad Bob.”

But because economic reporting has become so politicized how can an everyday person tell whether or not the economy is doing well — aside from their own subjective experiences? Because their experiences may not be what everyone else is going through.

Think Like an Economist

So this week we talk to an economist—Jonathan Williams, Executive Vice President of the American Legislative Exchange Council, and their chief economist—to help people learn to think a little more like an economist.

What are some of the trigger points to look for? What are some of the more reliable measurements that indicate a good or a bad economy? And what economic levers can they pull to turn an economy around or to keep a good economy going?

And all of that to help people pick the right people to put them in charge to get the economy on the right track

The I Spy Radio Show Podcast Version

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Research, Links Mentioned & Additional Info

  • Jonathan’s organization is ALEC – the American Legislative Exchange Council. Find out more at ALEC.org.
    • Encourage your representatives to join ALEC! There are state and city memberships. Help elected officials understand economic problems and the real solutions available to get out of them! Send them this link: https://alec.org/membership/.
    • And you too can join as a private-sector member!
    • You can follow Jonathan on Twitter at @TaxEconomist.
  • How did Oregon do in the 2024 edition of Rich States, Poor States? We actually moved up on notch—although we’re still in the low 40s. Explore all the states or jump to Oregon’s rankings.
    • Be sure to try out the red “adjust policies” tab!
  • Biden Administration’s New Climate Rules Add $31,000 to Price of New Home, Industry Groups Say (The Epoch Times, May 1, 2024)
  • That Stephen Moore article: “Why Small Businesses Hate Bidenomics” (The Daily Signal, April 23, 2024)
  • GDP growth slowed to a 1.6% rate in the first quarter, well below expectations (CNBC, Apr 25, 2024).

The Death of DEI?

Other Related Economics News

  • ‘Harassment’: Feds Impose Trans Agenda on Employers for Pronouns, Bathrooms (The Daily Signal, April 29, 2024)
    • The Daily Signal reported that under new federal guidelines — released on Monday by the Equal Employment Opportunity Commission — an employer would be guilty of harassment by requiring someone to use a restroom that corresponds with their biological sex or if someone “misgenders” them.
  • US births reach 45-year low – report (RT, Apr 25, 2024)
  • Why hundreds of U.S. banks may be at risk of failure (CNBC, May 1, 2024)
  • U.S. job growth totaled 175,000 in April, much less than expected, while unemployment rose to 3.9% (CNBC, May 1, 2024)
  • Long-predicted consumer pullback finally hits restaurants like Starbucks, KFC and McDonald’s (CNBC, May 1, 2024)
14-06 Why Bidenomics is Bidumbnomics | Mainstream Media is Lying

14-06 Why Bidenomics is Bidumbnomics | Mainstream Media is Lying

Show 14-06 Summary: This week, it’s all about cutting through the mainstream media propaganda about the economy. Especially the lies about Bidenomics. Because it’s more Bidumbnomics than anything. Bidumbnomics is a good way to kill the economy, interfere with markets, and promote products and ideas that don’t work and cost more. Bidumbnomics are dumb economics policies that require dumb people in the media to not ask questions and keep people misinformed about how bad things really are. Like not questioning the miracle January 2024 jobs report. Or looking at the failure of 100s of billions wasted on “green energy.” (It’s not green.) Plus, Oregon is not immune. Oregon democrats also love Bidumbnomics. Spend more. Tax more. Ignore reality. Like Oregon democrats’ plan to raise statewide property taxes and do away with the current caps on property tax increases.

Coverage Map of I Spy Radio Show broadcast areas, as of June 2021
Current I Spy Radio broadcast areas. Click for full-size map.

The I Spy Radio Show airs weekends, six different times, on seven different stations. Listen anywhere through the stations’ live streams! Check out when, where, and how to listen to the I Spy Radio Show. Podcast available Mondays after the show airs on out network of stations.

Original Air Dates: February 10th & 11th, 2024 | Guest: Jonathan Williams

This Week – Bidenomics is Bidumbnomics

All you need for dumb economics policies like Bidumbnomics to be perceived as “working” is to have a willing media to spread government propaganda. And the media needs to be dumb enough about economics to not ask any questions about what they’re told. And certainly not do any kind of even simple analysis.

That way, the media keeps people uninformed. Because if people really knew how bad things were, they would be demanding answers. And politicians never want that. They want compliant sheep people who stay out of the way. Miserable peasants.

Dumb economic policies like Bidumbnomics depends on people staying quiet. But EU farmers won by speaking up.
Public outcry works! (click image for full-size)

Why? Because when people do know what their politicians are actually doing, and the actual outcomes of their schemes, people tend to revolt. And, yes, public outcry really does work.

Take a look at the win in the EU when farmers had had enough. The public joined them. And now the EU gave in to their demands.

Farmers win! “Why Europe’s green plan balked on farming

Bidenomics is Bidumbnomics Examples

Look no further than the boondoggle of Biden’s dream of a wind farm in every pot. Bidumbnomics sank several 10s of billions of your money into expensive wind farms. Especially very expensive offshore wind farms. But these expensive Bidumbnomics boondoggles have done so poorly, despite all that free cash from U.S. taxpayers, that multiple wind farm companies have cancelled contracts. And they were willing to do so because the economics of it was so poor that unless they get free cash it was a better deal to cancel the deal.

Think of that. Companies willing to take a loss of 100s of millions rather than go through with it and lose even more. And in the case of one company, they took a 4 billion loss.

Now that is Bidumbnomicsat work. Waste companies’ money, waste taxpayer money, and all for products that are less effective and more expensive to ratepayers.

Wow.

An Actual Economist Breaks Examines Bidumbnomics

We welcome back Jonathan Williams, the executive vice president of ALEC — the American Legislative Exchange Council. Jonathan is also their chief economist. And we walk through the truth about that blockbuster January jobs report. It turns out, it is more fantasy than fantastic. See this great analysis from ZeroHedge: “Inside The Most Ridiculous Jobs Report In Recent History“.) And we all know this fantasy will be corrected downward in a month or two after they got their useful idiots in the media to repeat their headline to the point where most people will think Bidenomics is working.

But to be fair, not all economic news in the mainstream media is propaganda to prop up Bidumbnomics. Sometimes, it’s more of a confession. Like Jerome Powell appearing on 60 Minutes. Who told America that we just can’t spending like we are.

But other times, it is definitely propaganda. We take a look at the slumping EV (electric vehicle) sales. After spending, yet again, 100s of billions of taxpayer dollars on the EV boondoggle, including mandating sales quotas, Bidumbnomics strikes again. EVs sales are way down.

Don’t miss the terrific article mentioned during the show about the impact of government interference in a normal market. “The West’s Humiliating Electric Car Climbdown has Begun

And even in Oregon, they are nowhere near their lofty goals of 250,000 EVs by 2025.

Oregon Democrats Embrace Bidumbnomics

Speaking of Oregon, the democrat governor and democrat-controlled house and senate want their own version of dumb economics. Like ignoring people’s economic reality to impose their ideology. And mainly, that’s more spending of taxpayer dollars to reward the political allies. There is never enough money to spend all they want on everything they want.

The answer? Raise taxes. And not just a little. They want $3 billion in more taxes. And, as if they haven’t driven enough people away, they want to eliminate and caps on statewide property taxes.

The only reason why even more Oregonians haven’t driven away is their EV must have run out of charge. Maybe that’s why Oregon wants to mandate even more of them.

But wait, it gets worse. Not only do Oregon elected democrats want to spend more, Tobias Read, the democrat in charge of Oregon’s Treasury wants Oregon’s PERS to make less money. By forcing Oregon’s investment into “Net Zero.” Uh, Toby, in case you missed it due to Bidumbnomics government propaganda media, but Net Zero funds are losing money by the day. Intelligent investors are getting out of Net Zero funds, not in. Perhaps Oregon’s PERS being in the hole by a mere $28 billion just isn’t enough?

Tune in to get the info you need. to be better informed on economics and real economic policies. So when your legislator wants to go full Bidumbnomics, you have the info you need to convince them otherwise.

The I Spy Radio Show Podcast Version

Trapped under a heavy object? Missed the show? Don’t worry—catch the podcast version. I Spy Radio is now available on your favorite platform, or you can grab it right here. See the full list of podcast options.

Research, Links Mentioned & Additional Info

  • Jonathan’s organization is ALEC – the American Legislative Exchange Council. Find out more at ALEC.org.
    • Encourage your representatives to join ALEC! There are state and city memberships. Help elected officials understand economic problems and the real solutions available to get out of them! Send them this link: https://alec.org/membership/.
    • And you too can join as a private-sector member!
  • You can follow Jonathan on Twitter at @TaxEconomist.
  • Farmers win! “Why Europe’s green plan balked on farming” (Semafor, via Yahoo News, Feb 7, 2024)
  • Inside The Most Ridiculous Jobs Report In Recent History (ZeroHedge, Feb 03, 2024)
    • All job gains in the past year have been part-time workers (+870,000). Full time have decreased by 97,000
    • Native vs Foreign-Born workers . All job creation in the past 4 years has been for foreigners. Zero job creation for native since 2018
  • The West’s humiliating electric car climbdown has begun” (The Telegraph, via Yahoo News, Feb 2, 2024)
  • Bidumbnomics in Oregon: “PGE and why the EV revolution is stalling” (Oregon Catalyst, Feb 4, 2024)
    • “In 2019, Senate Bill 1044 set a target of 250,000 registered Zero Emission Vehicles on Oregon roads by 2025. … [But] the number of Oregon-registered zero emission vehicles on Oregon roads as of September 2023 (with less than a year and a half to go) was just 70,000. … The likelihood that this number will grow to 250,000 over the next 12 months is nil.”
  • Plan to make Oregon retirement fund carbon neutral relies on industry, Wall Street doing the same (OPB, Feb 7, 2024)
  • HJR 201 is a Statewide Property Tax (Taxpayer Assoc, Feb 5, 2024)
  • “1,287 testify against Statewide Property Tax (HJR 201)” (Taxpayer Association of Oregon, February 14, 2024).

For further reading on Bidumbnomics

 

14-05 No Justice Except for “Just Us” | Lawfare Against Trump, DEI Against Common Sense

14-05 No Justice Except for “Just Us” | Lawfare Against Trump, DEI Against Common Sense

Show 14-04 Summary: There’s no justice in a “just us” world. Whether you’re talking lawfare for one side but prosecutors are willingly blind for the other side. Or whether you’re talking corporate governance where one side’s ideology is forced onto how companies do business. But the good news is, this kind of discrimination may finally be starting to catch up with the Left.

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The I Spy Radio Show airs weekends, six different times, on seven different stations. Listen anywhere through the stations’ live streams! Check out when, where, and how to listen to the I Spy Radio Show. Podcast available Mondays after the show airs on out network of stations.

Original Air Dates: February 3rd & 4th, 2024 | Guests: Paul Kamenar and Scott Shepard

This Week – Cases Against Trump, DEI Against Common Sense

We talk with Paul Kamenar, the lead counsel for National Legal and Policy Center for his legal analysis about the cases against Trump, the corruption in the Fani Willis office (one of the prosecutors determined to “get Trump”), and the Hunter Biden cases.

And then we talk about the poison of “Diversity, Equity, and Inclusion” that has been pushed by trillion-dollar Leftist hedge funds on corporate America. Except now they’re pulling back on this racist hiring practice. It turns out Boeing’s planes aren’t the only thing whose wheels are falling off. But why now?

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Research, Links Mentioned & Additional Info

Paul Kamenar Segments 1–3

  • FBI’s Wray Faces Worst NIGHTMARE As Matt Gaetz Shows Hunter Biden’s SHOCKING Text Message (Tuyền Ơi YT Channel, Jan 29, 2024)*Just imagine if Don Jr. had sent this text instead of Hunter Biden: “I’m sitting here with my father. I will make certain that between the man sitting next to me and every person he knows and my ability to forever hold a grudge that you will regret not following my direction. I am sitting here waiting for the call with my father.”
  • What you need to know about Fani Willis charges and election subversion case (News 22 Times, Jan 24, 2024)
  • What you need to know about the drama surrounding Fulton County DA Fani Willis (Atlanta News First, Jan 16, 2024)
  • Interview: Attorney for special prosecutor’s estranged wife discusses divorce case (11 Alive, Jan 31, 2024)
  • What in the world was Fani Willis thinking? (WaPo Opinion, Jan 22, 20224)
  • Lawyer’s ‘Loan’ to Hunter Biden Violates Legal Ethics (via NewsMax, Jan 25, 2024)*As Hunter Biden’s attorney, Morris is prohibited from lending or giving money to his clients under California bar rules.
  • Even more Fani Willis corruption? Uncovered Audio Reveals Whistleblower FIRED After Warning Fani Willis About Misuse of Federal Funds (WLT Report, Jan 31, 2024)
    • “A newly surfaced audio recording reveals that Fanni Willis was warned by a whistleblower in private about her top aide misusing federal funds.”
    • In 2021, Amanda Timpson, a Fulton County DA employee, informed Willis about the aide’s plans to use “$488,000 federal grant—earmarked for the creation of a Center of Youth Empowerment and Gang Prevention—to pay for “swag,” computers, and travel.”
    • Fani Willis did not deny the allegations or report the aide. Instead, less than 2 months later, she FIRED the whistleblower…
Letitia James Case
More Lawfare Against Trump

Scott Shepard Segments 4–6

  • Stefan Padfield: “Are The Big 5 Liars?” (Free Enterprise Project Commentary, National Center, 28 Nov 2023)
  • Is BlackRock’s Retrenchment From ESG Real? (Scott Shepard, NCPPR, Jan 9, 2024)
  • Horace Cooper on Fox News: “Airlines, Boeing, Biden Prioritize Diversity Over Safety” (National Center, Jan 9, 2024)
    • “Have Boeing and other companies in the airline industry sacrificed excellence and safety on the altar of diversity?”
    • Horace Cooper (from NCPPR’s Project 21): “In my latest book, I mention this dalliance with DEI, this idea that diversity is more important than a meritocracy. I titled the chapter ‘D-I-E’ because THIS CAN KILL.”
    • The president of the United States has picked Mayor Pete to be in charge of airline safety — again, choosing diversity over the importance of the real reason there’s an FAA, and that’s safety.
  • Boeing Shareholders Reject Proposal Seeking Ideological Balance on Board (NCPPR, Apr 27, 2020)
  • Major Cuts at UPS: Company Announces Layoff of 12,000 (Gateway Pundit, Jan 30, 2024)
  • Multiple former senior Boeing staffers say they would NOT fly on killer 737 Max planes (Daily Mail, Jan 31, 2024)

Additional/Related

  • Trump’s lawyers want special counsel Jack Smith held in contempt in 2020 election interference case (AP, Jan 4, 2024)
    Judge sets hearing for misconduct claims against prosecutor leading Ga. Trump case (NPR, January 18, 2024)
  • Fani Willis Scandal: How An Alleged Romantic Relationship With A Prosecutor Could Upend Trump’s Criminal Trial (Forbes, Jan 22, 2024</a

 

 

14-04 The Plain Truth in Green Energy: All Things Green Go Red

14-04 The Plain Truth in Green Energy: All Things Green Go Red

Show 14-04 Summary: Frank Lasee, the president of Truth in Energy and Climate rejoins us to dig a little deeper into hydrogen (and, in particular, so-called “green hydrogen.” EVs are failing in the marketplace and their sales are tanking. We talk about the truth in green energy — that it wouldn’t exist without massive government bailouts, subsidies, and free cash. And we talk about the rise of the hydrogen-based economy. Get ready for it. Maybe because the public has started to catch on to the green funding scam.

Coverage Map of I Spy Radio Show broadcast areas, as of June 2021
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The I Spy Radio Show airs weekends, six different times, on seven different stations. Listen anywhere through the stations’ live streams! Check out when, where, and how to listen to the I Spy Radio Show. Podcast available Mondays after the show airs on out network of stations.

Original Air Dates: January 27thg & 28th, 2024 | Guest: Frank Lasee

This Week – Truth in Green Energy

We welcome back Frank Lasee—a former Wisconsin state senator, senior policy analyst, and president of Truth in Energy and Climate—to talk about the truth in green energy. And, like so much about “green” it’s all red at its heart. As Frank calls it, it’s “soft socialism.” It would not exist in the marketplace without huge amounts of free taxpayer cash.

Remember how Leftists shrieked about bailouts for the “too big to fail” banks? Funny how they’re completely silent now about bailouts and subsidies for everything “green,” isn’t it. Probably because the Left gets massive amount of funding for its political allies. At the taxpayers’ expense.

Our guest’s website is TruthInEnergyAndClimate.com. Great articles and information. And sign up for their newsletter!

This week, it’s all about truth in green energy. Or rather the lack of it. With other green renewable sources on the decline (especially wind), the newest fad in “green” energy is hydrogen.By the way. Green renewable energy is not green. And it’s not renewable. For every one ton of rare earth mined and refined, 2,000 tons of toxic waste is generated. And much of it radioactive waste. And it’s not renewable either. Unless you’re referring to ongoing taxpayer subsidies to keep them going.

Hydrogen. The New Green Energy Fad?

There have been some new breakthroughs, allegedly, in hydrogen. In particular, with using hydrogen as an energy storage medium. Just how real are these breakthroughs? And are they the bridge to a hydrogen-based economy?

Wait, what happened to the EVs? Weren’t they going to save us? Well, it turns out that EVs are quickly losing any momentum and their sales here and in even in green-mania Europe, sales of EVs are tanking. Perhaps it’s because as more people bought them, they realized how inconvenient they are. Or maybe it was the cold snap these last two weeks. Where thousands of EVs had to be towed. Not because they slid off icy roads or crashed. They simply ran out of charge. Or maybe it was because their owners couldn’t run the heater for fear it would drain the battery and they wouldn’t make it home.

Be aware. Hydrogen may be the next green energy scam. Tune in and you’ll hear just how out of touch the Biden administration is. And environmentalists with their convoluted, damn the taxpayers, means to go green on hydrogen.

The I Spy Radio Show Podcast Version

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Research, Links Mentioned & Additional Info

Articles/Info Mentioned During the Show

  • Frank Lasee’s website is TruthInEnergyAndClimate.com. Be sure to check out this website for great articles and information.
  • Government “accounting” vs GAAP. Article:”Modified Accrual Accounting: Definition and How It Works” (via Investopedia.com, June 4, 2023)
    • Public companies cannot use this accounting method for financial statements, but it is widely accepted for use by government agencies.
    • Public companies cannot use modified accrual accounting because it does not comply with International Financial Reporting Standards (IFRS) or the generally accepted accounting principles (GAAP).
  • New Discovery Overcomes Major Hurdle in Hydrogen Energy Economy (Oil Price, Jan 6, 2024)
    • “The new material, a lanthanum hydride compound modified with strontium and oxygen, allows high-rate conduction of hydride ions at room temperature.”
    • Whoops. Then along came winter → “Not quite noted above is that today’s designs need an above freezing environment. All the time, not just when running. For much of the time and much of the world that is killer. Moreover a freeze would destroy a fuel cell, thus even a rare freeze zone would entail considerable risk. The team hasn’t said anything specific yet. But this is promising.”
  • Hydrogen near tipping point to accelerate decarbonization (Techxplore, Nov 15, 2023)
    • THIS → “The U.S. Department of Energy also articulated the prominent Hydrogen Shot initiative in 2021. According to this initiative, the cost of producing clean hydrogen is to come down to $1.0/kg by the year 2030.” But does that $1/kg include the billions of dollars in subsidies to get there? What’s the real cost?
  • How About A Pilot Project To Demonstrate The Feasibility Of Fully Wind/Solar/Battery Electricity Generation? (Truth in Energy and Climate, Jan 25, 2022)

Info about Hydrogen and “Green Hydrogen”

Oregon’s Green Hydrogen Scheme

  • Pacific NW wins $1 billion from feds for ‘Clean Hydrogen Hub.’ Now what? (News from the States, Oct 13, 2023).
    • The hydrogen lobby duped Congress into $9.5 billion for hydrogen hubs and $100s of billions more for subsidies to make it. These hydrogen jobs will last only as long as the subsidies do.
  • Court case on fate of Snake River dams, imperiled salmon postponed (Oregon Capital Chronicle, Oct 31, 2023)
  • Officials tell public newly approved Northwest hydrogen hub will produce jobs, economic benefits (Oregon Capital Chronicle, Oct 31, 2023)
  • Frank Lasse article: “The Expensive Impossibility of Green Hydrogen From Part-Time Wind and Solar” (Truth in Energy & Climate, October 25, 2023)
  • “The fact that the world is desperately short of lithium and cobalt for electric vehicle batteries, at the scale they want to force, is dawning on them”
  • “Wind and solar produce little or no energy 70% of the time.”
    Frank Lasee: Joe Biden’s Hydrogen Slush Fund Means More Dollars Wasted On The Green Energy Boondoggle (ShoreNews Network, Feb 26, 2023)

EVs and the EV Market