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  • America's Bankruptcy

  • America Is Closer to Bankruptcy than Most People Know
  • By: Archie Richards
  • Narrated by: Jay Deane
  • Length: 5 hrs and 10 mins

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America's Bankruptcy

By: Archie Richards
Narrated by: Jay Deane
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Summary

January 25, 2021.

If the Democrats had allowed regular folks to attend the inauguration, there would probably have been booing. This had no appeal to the Democrats; they filled the spaces with hundreds of thousands of flags, allowing only their supporters to witness the ceremony.

On his first day in office, President Biden canceled the Keystone XL pipeline, making the environmentalists happy, but keeping some 10,000 workers from good-paying jobs and giving Canada the cold shoulder.

Probably due to puppet-master Barack Obama, it won’t be long until Kamala Harris steps in as our President.

If and when China invades Taiwan, will Biden and Harris launch a defense? Our President Biden is beholden to China as an important source of his boodle. Taiwan is only 200 miles off China’s coast. By the time we get there, the invasion would long since be over. Resisting China is really not their thing.

Besides raising tax rates, here are some of the Biden/Harris policy plans:

  • End right-to-work laws: Millions of workers will be forced to join unions, paying union dues whether they like it or not.
  • End America’s energy independence: They’ll ban the use of fossil fuels, probably by 2035. No thought of encouraging fracking, which produces natural gas very low on carbon dioxide. No thought of lifting unnecessary regulations on nuclear power plants that generate no carbon dioxide. No thought of capturing a tiny part of the sun’s energy with solar collectors in space and beaming the energy to earth. Exercising force on people is more fun. Better to ruin the economy by banning fossil fuels and hurting the poor the most.
  • Bailout deadbeat states like California, Illinois, New Jersey, and New York with $400 billion as a reward for their profligacy.
  • Increase the minimum wage to $15 an hour: This will put many small businesses out of business. It will force many employees to change from full-time to part-time work. The number of people who find jobs below the minimum wage will greatly outnumber those who benefit from the higher minimum wage.

Way to go, J and K. You’ll be doing your bit to make life harder for the poor.

President Clinton went overboard with socialism in his first two years, causing Congress to swing big time to Republicans. President Obama went overboard with socialism early on, causing another big Congressional swing toward conservativism. I expect President Biden and Vice President Harris to go overboard now. Hopefully, this will end socialism in Congress, starting in 2022.

In the meantime, there’s danger. The liberal elite includes not only Democrats and Republicans, but also the heads of large, technically competent corporations, and of course, the media. If you don’t agree with them politically, they’re coming after you. You’ll be considered a white supremacist, no matter what color you are. They’ll want you to shut your mouth and keep it closed. The social media, their enforcement goons, will cut you off. For more extreme measures, Black Lives Matter and Antifa may get the nod.

©2021 Archie Richards (P)2021 Archie Richards

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