In The Tank

The Heartland Institute's Donald Kendal, Justin Haskins, and Chris Talgo present episode 368 of the In The Tank Podcast. It appears as the though the consensus is in - we are heading for a recession. However, according to President Biden, we are only likely to get a "slight recession." The ITT crew talks about the potential severity of the coming recession. Also, the most recent census over counted in a bunch of blue states, potentially skewing the political landscape in favor of the Democrats.

PRIMARY TOPIC - WARNING RECESSION INCOMING

Bloomberg - Forecast for US Recession Within Year Hits 100% in Blow to Biden
https://www.bloomberg.com/news/articles/2022-10-17/forecast-for-us-recession-within-year-hits-100-in-blow-to-biden?sref=h5EZFUoq

Axios - Markets and economists are increasingly certain of recession
https://www.axios.com/2022/10/19/us-recession-risk-markets-economy

Forbes - Jeff Bezos Says It’s Time To “Batten Down The Hatches” In Latest Recession Warning
https://www.forbes.com/sites/qai/2022/10/19/jeff-bezos-says-its-time-to-batten-down-the-hatches-in-latest-recession-warning/?sh=1183d18c1d48

CNN - Biden acknowledges a ‘slight recession’ is possible, even if he doesn’t think it’ll happen
https://www.cnn.com/2022/10/11/politics/recession-joe-biden-cnntv/index.html

The Epoch Times - America Can ‘100 Percent’ Avoid Recession If Biden Makes One Key Policy Shift: Billionaire John Catsimatidis
https://www.theepochtimes.com/america-can-100-percent-avoid-recession-if-biden-makes-one-key-policy-shift-billionaire-john-catsimatidis_4773448.html

SECONDARY TOPIC - CENSUS OVER COUNTS BLUE STATES  

Daily Signal - Census Bureau Admits Overcounting 7 Blue States, Just 1 Red State
https://www.dailysignal.com/2022/08/18/census-errors-will-distort-elections-funding-for-next-decade/

The Hill - Census blunder may tip 2024 to Democrats
https://thehill.com/opinion/campaign/3504546-census-blunder-may-tip-2024-to-democrats/

The Heartland Institute's Donald Kendal, Justin Haskins, and Chris Talgo present episode 367 of the In The Tank Podcast. At a recent World Economic Forum event, a representative from the United Nations boasted about working with Google to ensure THEIR information came up first when searching "Climate Change." In her words, "we own the science." Also, It appears as though the concept of a Universal Basic Income is becoming mainstream.

PRIMARY TOPIC – “WE OWN THE SCIENCE”

WEF - Tackling disinformation - how can we combat the lies that go viral?
https://www.weforum.org/agenda/2022/09/tackling-disinformation-agenda-dialogues/

National Review - U.N. Communications Official Touts Google Search Partnership: ‘We Own the Science’
https://www.nationalreview.com/news/u-n-communications-official-touts-google-search-partnership-we-own-the-science/

The Epoch Times - United Nations Now Claims to ‘Own the Science’
https://www.theepochtimes.com/united-nations-now-claims-to-own-the-science_4774791.html

Sociable - ‘We own the science & the world should know it’: UN rep to WEF disinformation panel
https://sociable.co/government-and-policy/we-own-science-world-should-know-un-wef-disinformation/

Team Halo
https://teamhalo.org/

SECONDARY TOPIC – ARE UBIs ENTERING THE MAINSTREAM?

Business Insider - Applications have opened for a huge new guaranteed-income pilot in Illinois that officials say is the biggest program of its kind
https://www.businessinsider.com/illinois-guaranteed-income-pilot-scheme-cook-county-chicago-ubi-money-2022-10

Government Tech - Cook County Launches Guaranteed Income Pilot With Help from Tech
https://www.govtech.com/health/cook-county-launches-guaranteed-income-pilot-with-help-from-tech

The Center Square - Critics say New Orleans guaranteed income program won't produce hoped-for outcomes
https://www.thecentersquare.com/louisiana/critics-say-new-orleans-guaranteed-income-program-wont-produce-hoped-for-outcomes/article_8b80d1de-cfda-11ec-98e7-57a5d37169d6.html

Mashable - Every U.S. city testing free money programs
https://mashable.com/article/cities-with-universal-basic-income-guaranteed-income-programs

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The Heartland Institute's Donald Kendal, Justin Haskins, and Chris Talgo present episode 366 of the In The Tank Podcast. In response to OPEC's announcement that they were going to be lowering oil production, the Biden Administration said they were going to further release oil from the Strategic Petroleum Reserve. The ITT crew discusses why the administration is doing this. Also, several months after Biden signed an executive order about Central Bank Digital Currency, the White House released a fact sheet about there plans to move forward with a CBDC.
 

PRIMARY TOPIC – STRATEGIC PETROLEUM RESERVE

Forbes - White House Freaks Over OPEC Plan To Cut 2 Million Barrels Per Day
https://www.forbes.com/sites/christopherhelman/2022/10/05/white-house-freaks-over-opec-plan-to-cut-2-million-barrels-per-day/?sh=3469900932ce

NYT - Even as Oil Prices Ease, U.S. Keeps Tapping Strategic Reserve (Week old article)
https://www.nytimes.com/2022/09/29/business/energy-environment/biden-oil-prices-reserve.html

Bloomberg - US Options for Responding to OPEC+ Are Shrinking Fast
https://www.bloomberg.com/opinion/articles/2022-10-05/us-options-for-responding-to-opec-are-shrinking-fast

SECONDARY TOPIC – WHITE HOUSE RELEASES CBDC FACT SHEET

WH - FACT SHEET:  White House Releases First-Ever Comprehensive Framework for Responsible Development of Digital Assets
https://www.whitehouse.gov/briefing-room/statements-releases/2022/09/16/fact-sheet-white-house-releases-first-ever-comprehensive-framework-for-responsible-development-of-digital-assets/

CNBC - Biden White House just put out a framework on regulating crypto — here’s what’s in it
https://www.cnbc.com/2022/09/16/heres-whats-in-biden-framework-to-regulate-crypto.html

Red State - Understanding Central Bank Digital Currencies, and the Threat They Pose
https://redstate.com/heartlandinstitute/2022/09/28/understanding-central-bank-digital-currencies-and-the-threat-they-pose-n634330

Epoch Times - The Digital Dollar Will Not Be ‘Anonymous,’ Says Fed Chair Powell
https://www.theepochtimes.com/the-digital-dollar-will-not-be-anonymous-says-fed-chair-powell_4760643.html

[Please subscribe to the Heartland Daily Podcast for free on iTunes at this link.]

The Heartland Institute's Donald Kendal, Jim Lakely, and Chris Talgo present episode 365 of the In The Tank Podcast. There have been a couple stories that have popped up recently that might point to the fact that the climate cult is falling apart. From Al Gore calling out corporations for "greenwashing" to Rashida Tlaib lashing out at bankers for not cutting off fossil fuel financing, it seems like the "greenies" are turning on each other. Also, YouTube denied our attempt at monetizing our channel, claiming our content is "harmful."

OPENING CHIT CHAT

Google - Advertiser-friendly content guidelines
https://support.google.com/youtube/answer/6162278?hl=en#Shocking_content

PRIMARY TOPIC – IS THE CLIMATE CULT COLLAPSING?

(Video) Forbes - 'Absolutely Not': Bank CEO Jamie Dimon Rebuffs Rashida Tlaib Request To Divest From Oil And Gas
https://youtu.be/V9gMPNUSZv8?t=142

Fox Business - BlackRock not ESG enough for NYC, comptroller says
https://www.foxbusiness.com/politics/blackrock-not-esg-enough-nyc-comptroller

NYT - Al Gore calls the World Bank chief a ‘climate denier.’
https://www.nytimes.com/2022/09/20/world/americas/world-bank-david-malpass-climate.html

MSN - Al Gore Calls Out ‘Greenwashing’ Risks as Funds Quit Green Club
https://www.msn.com/en-us/money/markets/al-gore-calls-out-greenwashing-risks-as-funds-quit-green-club/ar-AA12e45X

Climate TRACE
https://www.climatetrace.org/

NPR - Poll: Abortion and inflation collide as top issues in midterm elections
https://www.npr.org/2022/09/08/1121535686/poll-abortion-inflation-midterm-elections

(Video) Student Climate Activist Interview Disaster
https://twitter.com/KCPayTreeIt/status/1574554772216025088

NPR - Amid an energy crisis, Germany turns to the world's dirtiest fossil fuel
https://www.npr.org/2022/09/27/1124448463/germany-coal-energy-crisis.

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The Heartland Institute's Donald Kendal, Jim Lakely, Chris Talgo, and Cameron Sholty present episode 364 of the In The Tank Podcast. In a huge win for free speech, a Circuit Court struck down a challenge of a Texas law that seeks to prevent big tech censorship. Heartland Government Relations Director Cameron Sholty joins the show to talk about this victory. Also, Biden says the pandemic is over. We say "duh," but many others are angry.

OPENING CHIT CHAT

Axios - U.S. beer shortage looms with gap in carbon dioxide supply
https://www.axios.com/2022/09/19/beer-shortage-co2-supply-issues

PRIMARY TOPIC – BIG LOSS FOR BIG TECH CENSORSHIP

HDN - Federal Court Upholds Texas Law Prohibiting Social Media “Viewpoint Censorship”
https://heartlanddailynews.com/2022/09/social-media-censorship-federal-court-upholds-texas-law/

Reason - Fifth Circuit Rejects First Amendment Challenge to Texas Social Media Common Carrier Law
https://reason.com/volokh/2022/09/16/fifth-circuit-rejects-facial-challenge-to-texas-social-media-common-carrier-law/

LawFare Blog - The Fifth Circuit’s Social Media Decision: A Dangerous Example of First Amendment Absolutism
https://www.lawfareblog.com/fifth-circuits-social-media-decision-dangerous-example-first-amendment-absolutism

Vox - Two Republican judges just let Texas seize control of Twitter and Facebook
https://www.vox.com/policy-and-politics/2022/9/19/23361050/supreme-court-texas-twitter-facebook-youtube-social-media-fifth-circuit-netchoice-paxton

SECONDARY TOPIC – Biden Declares Pandemic Is Over

NYT - Biden Says the Pandemic Is Over. But at Least 400 People Are Dying Daily.
https://www.nytimes.com/2022/09/19/us/politics/biden-covid-pandemic-over.html

FactCheck - Is the Pandemic ‘Over’? Biden Says So, But Scientists Say That’s Up for Debate
https://www.factcheck.org/2022/09/scicheck-is-the-pandemic-over-biden-says-so-but-scientists-say-thats-up-for-debate/

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The Heartland Institute's Donald Kendal, Jim Lakely, and Chris Talgo present episode 363 of the In The Tank Podcast. Despite continued high inflation numbers, stock market drops, and a shaky housing market, the Biden Administration thought is was a good time to celebrate the passage of the Inflation Reduction Act. Also, major credit card companies have taken action that will essentially create a national gun registry.

PRIMARY TOPIC – BIDEN ADMINISTRATION CELEBRATES 40-YEAR HIGH INFLATION

The Federalist - The Biden Administration Isn’t Interested In Governing But In Criminalizing The Opposition
https://thefederalist.com/2022/09/14/the-biden-administration-isnt-interested-in-governing-but-in-criminalizing-the-opposition/

NYP - White House throws ‘inflation reduction’ party with James Taylor as stocks crash over dismal 8.3% rate
https://nypost.com/2022/09/13/gop-slams-biden-for-out-of-touch-inflation-celebration/

Washington Post - ‘This is your victory,’ Biden celebrates Inflation Reduction Act
https://www.washingtonpost.com/politics/2022/09/13/biden-inflation-reduction-act/

AP News - Driven by consumers, US inflation grows more persistent
https://apnews.com/article/inflation-economy-prices-881c8411bad80180f025e138f0bd444e

CNN - The Fed could crash the housing market
https://www.cnn.com/2022/09/14/investing/premarket-stocks-trading/index.html

NPR - Inflation is crushing rural America and may even drive people to the cities
https://www.npr.org/2022/07/25/1112915507/inflation-rural-america-gas-prices-economy

US JEC - State Inflation Tracker: July 2022
https://www.jec.senate.gov/public/index.cfm/republicans/2022/8/state-inflation-tracker-july-2022

SECONDARY TOPIC – MAJOR CREDIT CARDS CREATING A GUN REGISTRY

The Federalist - Credit Card Giants Conspire With Democrats To Monitor Consumer Gun Purchases
https://thefederalist.com/2022/09/12/credit-card-giants-conspire-with-democrats-to-monitor-consumer-gun-purchases/

Axios - Credit card companies to track gun store purchases
https://www.axios.com/2022/09/12/gun-stores-credit-cards-visa-mastercard-american-express

Business Insider - Trucking giant Saia says it will no longer transport firearms that are fully or partly assembled
https://www.businessinsider.com/trucking-company-saia-will-no-longer-transport-guns-firearms-2022-6

[Please subscribe to the Heartland Daily Podcast for free on iTunes at this link.]

The Heartland Institute's Donald Kendal, Jim Lakely, Justin Haskins, and Chris Talgo present episode 362 of the In The Tank Podcast. President Joe Biden is seemingly taking on a new "tough guy" persona. The ITT crew discusses whether this new "Dark Brandon" persona is going to lead to an increased push for agenda items during his next two years in office. Will Biden more aggressively push for climate action, or gun control measures, or health care policy?

OPENING CHIT CHAT

Bloomberg - A Text Alert May Have Saved California From Power Blackouts
https://www.bloomberg.com/news/articles/2022-09-07/a-text-alert-may-have-saved-california-from-power-blackouts

PRIMARY TOPIC – BIDEN’S COMING POLICY PRIORITIES

The Hill - Biden shows support for unions, touts legislative victories at Wisconsin labor event
https://thehill.com/homenews/administration/3629963-biden-shows-support-for-unions-touts-legislative-victories-in-wisconsin-labor-event/

Newsweek - Biden Has Failed to Keep His Most Important Promise | Opinion
https://www.newsweek.com/biden-has-failed-keep-his-most-important-promise-opinion-1740319

Washington Post - How Biden could help U.S. reach climate goals on his own
https://www.washingtonpost.com/climate-solutions/2022/09/05/biden-executive-action-climate-change-goals/

Mercury News - Biden defends FBI, promises to ‘ban assault weapons’
https://www.mercurynews.com/2022/08/30/biden-defends-fbi-promises-to-ban-assault-weapons/

The Guardian - Biden ‘determined to ban assault weapons’ as he lays out crime prevention plans – as it happened
https://www.theguardian.com/us-news/live/2022/aug/30/biden-gun-control-trump-republicans-democrats-fbi-latest-updates

WH - FACT SHEET: President Biden’s Safer America Plan
https://www.whitehouse.gov/briefing-room/statements-releases/2022/08/01/fact-sheet-president-bidens-safer-america-plan-2/

Washington Times - Judge orders Biden admin to hand over any censorship records, rejects executive privilege claim
https://www.washingtontimes.com/news/2022/sep/7/judge-orders-biden-admin-to-hand-over-any-censorsh/

[Please subscribe to the Heartland Daily Podcast for free on iTunes at this link.]

The Heartland Institute's Donald Kendal, Jim Lakely, and Chris Talgo present episode 361 of the In The Tank Podcast. Following California's lead, several other states have signed on to a plan to ban the sale of gas-powered cars by 2035. Similar plans have been proposed in the U.K. and elsewhere. While the plan aims to replace these vehicles with an electric option, the ITT crew questions whether this is part of a larger plan to completely destroy the idea of a personal automobile. Also, in response to Nancy Pelosi's trip to Taiwan, China has announced they are suspending cooperation the the world in the fight against climate change.

OPENING CHIT CHAT

Karine Jean-Pierre – MAGA Republicans an “extreme threat to our democracy”
https://twitter.com/CurtisHouck/status/1565055401099509764?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1565055401099509764%7Ctwgr%5E149d44a34aef988e4f08b7a15fbf02810c411ee8%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.ace.mu.nu%2F

PRIMARY TOPIC – DESTROYING THE PERSONAL AUTOMOBILE

The Hill - Several states will follow California’s lead in banning gas-powered car sales by 2035
https://thehill.com/changing-america/sustainability/infrastructure/3620985-several-states-will-follow-californias-lead-in-banning-gas-powered-car-sales-by-2035/

CNBC - Australian bank to scrap loans for new diesel and gasoline cars as country looks to increase EV uptake
https://www.cnbc.com/2022/08/22/australian-bank-to-scrap-loans-for-new-diesel-and-gasoline-cars-.html

CNBC - Goodbye gasoline cars? EU lawmakers vote to ban new sales from 2035
https://www.cnbc.com/2022/06/09/goodbye-gasoline-cars-eu-lawmakers-vote-to-ban-new-sales-from-2035.html

USA Today - Fact check: Dealership quoted $30,000 for new hybrid car battery, but that's unusually high
https://www.usatoday.com/story/news/factcheck/2022/08/30/fact-check-dealer-gave-30-000-estimate-replace-volt-battery-electric-car-hybrid/7935230001/

LA Times - Brutal heat wave will push California’s energy grid to limit during Labor Day weekend
https://www.latimes.com/california/story/2022-08-31/california-heat-wave-likely-to-spur-flex-alerts-for-energy-grid

WEF - 3 circular economy approaches to reduce demand for critical metals
https://www.weforum.org/agenda/2022/07/3-circular-approaches-to-reduce-demand-for-critical-minerals/

WEF - Are cars an urban design flaw? Cities advance car-free zones
https://www.weforum.org/agenda/2022/02/are-cars-an-urban-design-flaw/

SECONDARY TOPIC – CHINA ENDS CLIMATE COOPERATION

Townhall - China Scraps Non-Existent Climate Cooperation After Pelosi’s Taiwan Visit
https://townhall.com/columnists/hsterlingburnett/2022/08/31/china-scraps-nonexistent-climate-cooperation-after-pelosis-taiwan-visit-n2612425

Climate Change Weekly – China Scraps (Already Scant) Climate Cooperation Over Pelosi Taiwan Visit
https://heartland.org/news-opinion/news/china-scraps-already-scant-climate-cooperation-over-pelosi-taiwan-visit

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The Heartland Institute's Donald Kendal, Jim Lakely, and Chris Talgo present episode 360 of the In The Tank Podcast. President Biden announced on Wednesday a massive round of student loan forgiveness. Is this fair? Will it exacerbate inflation? Also, Fauci is retiring. And to commemorate this momentous occasion, we collected some of Fauci’s greatest hits. The ITT crew talks about this and more on episode 360 of the In The Tank Podcast.

PRIMARY TOPIC - STUDENT LOAN FORGIVENESS

Fox News - Joe Biden expected to announce $10,000 student loan forgiveness program Wednesday: report
https://www.foxnews.com/politics/bidens-anticipated-loan-forgiveness-projected-to-cost-american-taxpayers-300b

The Federalist - Studies Show Biden’s Illegal Student Debt Scheme Is Welfare For The Rich
https://thefederalist.com/2022/08/24/studies-show-bidens-illegal-student-debt-scheme-is-welfare-for-the-rich/

Forbes - Student Loan Forgiveness: Why The Supreme Court Could Reject Biden
https://www.forbes.com/sites/zackfriedman/2022/07/06/student-loan-forgiveness-why-the-supreme-court-could-reject-biden/?sh=190dd14316e4

Bloomberg - Larry Summers Says Student Loan Debt Relief Is Inflationary
https://www.bloomberg.com/news/articles/2022-08-22/larry-summers-says-student-loan-debt-relief-is-inflationary

Newsweek - As Democrats Push Student Loan Forgiveness, Republican Senator Proposes Colleges Pick Up Part of the Tab
https://www.newsweek.com/student-loan-debt-josh-hawley-1449845

SECONDARY TOPIC - FAREWELL TO FAUCI

Yahoo - Fauci's biggest critics hint at the reason for his December retirement: 'trying to get out of Dodge'
https://news.yahoo.com/fauci-apos-biggest-critics-hint-163037497.html

"The Fauci Effect"
https://mobile.twitter.com/realDailyWire/status/1558119869744300035

"attacks on me are, quite frankly, attacks on science"
https://twitter.com/townhallcom/status/1402681156953427973

NYP - Fauci’s home office features photos of himself, his own bobblehead
https://nypost.com/2022/01/20/faucis-home-office-features-photos-of-self-bobblehead/

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The Heartland Institute's Donald Kendal, Jim Lakely, Justin Haskins, and Chris Talgo present episode 359 of the In The Tank Podcast. The Inflation Reduction Act was signed into law. Like the ITT crew discussed in previous episodes, it has nothing to do with inflation and everything to do with transitioning our country to unreliable energy. They ask the question “Why does the left reject Nuclear power?” Also, the World Economic Forum, the biggest advocates of The Great Reset, seem to be scared of us. The ITT crew speculates as to why that is.

OPENING CHIT CHAT

The Globe and Mail - How ‘own nothing and be happy’ sparked a misinformation campaign that targeted the World Economic Forum
https://www.theglobeandmail.com/opinion/article-world-economic-forum-misinformation/

WEF - Welcome to 2030: I own nothing, have no privacy and life has never been better
https://web.archive.org/web/20200919081413/https://www.weforum.org/agenda/2016/11/shopping-i-can-t-really-remember-what-that-is?utm_content=buffer60978&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

WEF - The solution to online abuse? AI plus human intelligence
https://www.weforum.org/agenda/2022/08/online-abuse-artificial-intelligence-human-input/

PRIMARY TOPIC - INFLATION REDUCTION ACT IS LAW

Daily Caller - Ford Raises Electric Truck Price By Up To $8,500 After Democrats Pass $7,500 EV Tax Credit
https://dailycaller.com/2022/08/15/ford-f150-lightning-price-increases/

The Federalist - Democrats’ Green Energy ‘Transition’ Costs You Way More And Gives You Way Less
https://thefederalist.com/2022/08/11/democrats-green-energy-transition-costs-you-way-more-and-gives-you-way-less/

American Thinker – Greens should embrace nuclear microreactors
https://www.americanthinker.com/blog/2022/08/greens_should_embrace_nuclear_microreactors.html

WSJ - Germany to Keep Last Three Nuclear-Power Plants Running in Policy U-Turn
https://www.wsj.com/articles/germany-to-keep-last-three-nuclear-power-plants-running-in-policy-u-turn-11660661914

CNBC - California lawmakers float legislation to keep Diablo Canyon nuclear plant open
https://www.cnbc.com/2022/08/15/california-lawmakers-float-legislation-to-keep-last-nuclear-plant-open.html

[Please subscribe to the Heartland Daily Podcast for free on iTunes at this link.]

The Heartland Institute's Donald Kendal, Jim Lakely, Justin Haskins, and Chris Talgo present episode 358 of the In The Tank Podcast. Donald Trump’s residence was raided by the FBI this week. We are still not exactly clear as to the reasoning behind the raid. Also, the Inflation Reduction Act looks like it is real close to becoming law, which along with raising taxes, pushing further down the path of unreliable energy, and doing absolutely nothing to reduce inflation, will increase the power of the IRS.

OPENING CHIT CHAT

NYP - Biden, WH claims US has ‘zero inflation’ despite annual rate remaining 8.5%
https://nypost.com/2022/08/10/biden-wh-claims-us-has-zero-inflation-despite-high-rate/

PRIMARY TOPIC – TRUMP RAIDED BY THE FBI

(Video) – Chuck Schumer “Six Ways From Sunday” quote
https://www.youtube.com/watch?v=6nXGt6Jnabc

AP News - FBI’s search of Trump’s Florida estate: Why now?
https://apnews.com/article/donald-trump-mar-a-lago-fbi-search-99097089194e736315c366a0e8fbafee

The Hill - Justice Department should have subpoenaed documents, not raided Trump’s home
https://thehill.com/opinion/judiciary/3594412-justice-department-should-have-subpoenaed-documents-not-raided-trumps-home/

The Federalist - FBI’s Trump Raid Reinforces Deep-State G-Men As The Bad Guys
https://thefederalist.com/2022/08/10/fbis-trump-raid-reinforces-deep-state-g-men-as-the-bad-guys/?utm_source=rss&utm_medium=rss&utm_campaign=fbis-trump-raid-reinforces-deep-state-g-men-as-the-bad-guys

SECONDARY TOPIC – INFLATION REDUCTION ACT  

Forbes - The Inflation Reduction Act Unleashes A Tougher IRS
https://www.forbes.com/sites/robertwood/2022/08/08/irs-has-guns-inflation-reduction-act-will-unleash-tough-irs-on-taxes/?sh=510583175d20

Fox News - Inflation Reduction Act 'a mess' after billionaire tax hike was removed, AOC's constituents sound off
https://www.foxnews.com/politics/inflation-reduction-act-mess-billionaire-tax-hike-removed-aocs-constituents-sound

CNBC - Consumer prices rose 8.5% in July, less than expected as inflation pressures ease a bit
https://www.cnbc.com/2022/08/10/consumer-prices-rose-8point5percent-in-july-less-than-expected-as-inflation-pressures-ease-a-bit.html

[Please subscribe to the Heartland Daily Podcast for free on iTunes at this link.]

The Heartland Institute's Donald Kendal, Jim Lakely, and Justin Haskins present episode 357 of the In The Tank Podcast. The Biden Administration is scrambling to get something accomplished before the midterms. Their latest attempt at a piece of comprehensive legislation is labeled the "Inflation Reduction Act." Despite the name of the bill, the legislation has far more to do with energy policy and increasing taxes. The ITT crew weighs in on this important topic. Also, Florida Governor Ron DeSantis seems to have joined the fight against ESG.

PRIMARY TOPIC – HOW BAD IS THE INFLATION REDUCTION ACT?

Senate Democrats – Inflation Act One Page Summary
https://www.democrats.senate.gov/imo/media/doc/inflation_reduction_act_one_page_summary.pdf

NYP - White House admits Inflation Reduction Act, pushed by Manchin, Schumer, will barely impact inflation
https://nypost.com/2022/08/01/white-house-admits-inflation-reduction-act-will-barely-impact-inflation/

Cato - Inflation Reduction Act
https://www.cato.org/blog/inflation-reduction-act

WSJ - ‘Inflation Reduction Act’ Is an Insult to Used-Car Salesmen
https://www.wsj.com/articles/inflation-reduction-act-is-an-insult-to-used-car-salesmen-deficit-reduction-tax-increases-spending-semiconductors-stimulus-build-back-better-11659363843

HDN - Harsanyi: ‘Inflation Reduction Act’ Does Nothing To Lower Inflation
https://heartlanddailynews.com/2022/07/harsanyi-inflation-reduction-act-does-nothing-to-lower-inflation/

HDN - Inflation Reduction Act—or Radical Green New Deal? (Opinion)
https://heartlanddailynews.com/2022/07/inflation-reduction-act-or-radical-green-new-deal-opinion/

Forbes - Inflation Reduction Act: Faustian Bargain Could Jeopardize Offshore Wind, Renewable Energy On Federal Lands
https://www.forbes.com/sites/allanmarks/2022/08/03/inflation-reduction-act-faustian-bargain-could-jeopardize-offshore-wind-renewable-energy-on-federal-lands/

Investopedia - How Large Corporations Avoid Paying Taxes
https://www.investopedia.com/financial-edge/0512/how-large-corporations-get-around-paying-less-in-taxes.aspx

SECONDARY TOPIC – DESANTIS TAKES A SWING AT ESG

FL Gov - Governor Ron DeSantis Announces Initiatives to Protect Floridians from ESG Financial Fraud
https://flgov.com/2022/07/27/governor-ron-desantis-announces-initiatives-to-protect-floridians-from-esg-financial-fraud/

Fox News - DeSantis announces plan to combat ESG influence in Florida
https://www.foxnews.com/media/desantis-announces-plan-combat-esg-influence-florida-invest

[Please subscribe to the Heartland Daily Podcast for free on iTunes at this link.]

The Heartland Institute's Donald Kendal, Jim Lakely, and Chris Talgo present episode 356 of the In The Tank Podcast. Why is it that all the climate change solutions coming from any one of consequence on the left are terrible? From over-reliance on wind and solar to destroying our agricultural sectors, they never seem to run out of terrible ideas. Also, a new report from the World Economic Forum seems to bolster the globalist claim that “in the future, you will own nothing.” The ITT crew talks about these topics and more.

OPENING CHIT CHAT – REDEFINING TERMS

Washington Times - Biden administration desperately tries to ‘reimagine’ definition of recession
https://www.washingtontimes.com/news/2022/jul/27/biden-administration-desperately-tries-reimagine-d/

PRIMARY TOPIC – WORST CLIMATE CHANGE SOLUTIONS

CNN - US officials say 'biggest fear' has come true as Russia cuts gas supplies to Europe
https://www.cnn.com/2022/07/26/politics/us-russia-europe-gas/index.html

Bloomberg - European Power Jumps as Low Wind Is Exacerbating Energy Crisis
https://www.bloomberg.com/news/articles/2022-06-29/dearth-of-wind-power-risks-exacerbating-germany-s-energy-crisis

Fortune - There’s such a thing as too much sun for solar panels, and Europe’s solar industry is starting to buckle
https://fortune.com/2022/07/19/europe-solar-panels-lose-efficiency-in-high-temperatures/

Fox News - Rush toward green energy has left US 'incredibly' vulnerable to summer blackouts, expert warns
https://www.foxnews.com/us/rush-green-energy-has-left-us-incredibly-vulnerable-summer-blackouts-expert-warns

AGRICULTURAL SECTOR

Bloomberg - Trudeau Spars With Farmers on Climate Plan Risking Grain Output
https://www.bloomberg.com/news/articles/2022-07-27/trudeau-spars-with-farmers-on-climate-plan-cutting-fertilizer-grain-output

Governing - The Biden Administration Will Pay Farmers More Money Not to Farm
https://www.governing.com/now/the-biden-administration-will-pay-farmers-more-money-not-to-farm

UK Gov - How to apply for a lump sum payment to leave or retire from farming
https://www.gov.uk/government/publications/apply-for-a-lump-sum-payment-to-leave-or-retire-from-farming/how-to-apply-for-a-lump-sum-payment-to-leave-or-retire-from-farming

SECONDARY TOPIC – IN THE FUTURE, YOU WILL OWN NOTHING

WEF - 3 circular economy approaches to reduce demand for critical metals
https://www.weforum.org/agenda/2022/07/3-circular-approaches-to-reduce-demand-for-critical-minerals/

WEF - Are cars an urban design flaw? Cities advance car-free zones
https://www.weforum.org/agenda/2022/02/are-cars-an-urban-design-flaw/

[Please subscribe to the Heartland Daily Podcast for free on iTunes at this link.]

The Heartland Institute's Jim Lakely, Chris Talgo, and S.T. Karnick talk about the growing possibility that President Biden will officially declare a "climate emergency," seizing broad powers to shove the Green New Deal down our throats.

Biden's climate speech in Massachusetts on Wednesday was a mess, and didn't go that far, but what if he does? The In The Tank crew discuss on episode #355 of the podcast.

We also cover the one-year anniversary of Biden assuring America that rising inflation was only "temporary," and how Transportation Secretary Pete Buttigieg is glad gas prices are high, all the better to get people into electric vehicles. Speaking of those, a real-world test of an electric Ford F-150 towing a trailer went poorly ... as anyone with a brain would have suspected.

OPENING CHIT CHAT

Biden said one year ago today: No serious economist sees runaway inflation.

PRIMARY TOPIC – Biden to Declare ‘Climate Emergency’?

White House - Biden’s Executive Actions on Climate to Address Extreme Heat and Boost Offshore Wind

https://www.whitehouse.gov/briefing-room/statements-releases/2022/07/20/fact-sheetpresident-bidens-executive-actions-on-climate-to-address-extreme-heat-and-boost-offshore-wind/

WSJ editorial - The ‘Beast Mode’ Presidency?: For Biden to declare a ‘climate emergency’ would be a serious abuse of power.

https://www.wsj.com/articles/the-beast-mode-presidency-joe-biden-climate-emergency-democrats-sheldon-whitehouse-supreme-court-11658268249

Bloomberg - Senate Democrats Urge Biden to Declare a ‘Climate Emergency’

https://www.bloomberg.com/news/articles/2022-07-19/senate-democrats-urge-biden-to-declare-a-climate-emergency?cmpid=BBD071922_OUS

Bloomberg - White House Considers Emergency Declaration to Fight Climate Change

https://www.bloomberg.com/news/articles/2022-07-19/white-house-mulls-emergency-declaration-to-fight-climate-change

WashPost - Biden eyes climate emergency declaration as Democrats demand swift action

https://www.washingtonpost.com/climate-environment/2022/07/18/biden-climate-emergency-manchin/

The Federalist - Biden Has No Right To Declare A ‘National Climate Emergency’

https://thefederalist.com/2022/07/19/biden-has-no-right-to-declare-a-national-climate-emergency/

RedState - Biden Now Considering Climate Move That Will Devastate Country

https://redstate.com/nick-arama/2022/07/19/biden-now-considering-climate-move-that-will-devastate-country-n597683

Gina McCarthy – “He is going to move forward with every power available to him to make the change and the shift to clean energy.”  

https://twitter.com/RNCResearch/status/1549755395601829889

SECONDARY TOPIC – Pete Buttigieg Keeps Hammering on Electric Cars

Says he’s “astonished” that people won’t pay $55k for an electric car, and that higher gas prices mean more “opportunities” for people to choose electric. [Jim will make video clip]

Electric Truck towing contest

https://www.hotcars.com/towing-contest-ford-f-150-lightning-pickup-gmc-sierra-denali/

The Heartland Institute's Donald Kendal, Jim Lakely, and Chris Talgo present episode 354 of the In The Tank Podcast. A new poll, recently conducted by Rasmussen Reports, shows some disturbing results about Democrats positions on the Supreme Court and the Constitution. The ITT crew breaks down the numbers and discusses what they mean for our country. Also, do we have to endure high gas and energy prices to protect democracy? That seems to be the message from the elites at the World Economic Forum.

OPENING CHIT CHAT – BIDEN BAD POLL NUMBERS

Yahoo - Poll: Just 18% of Americans say Biden should run for reelection in 2024 — a new low
https://news.yahoo.com/poll-just-18-of-americans-say-biden-should-run-for-reelection-in-2024-a-new-low-140538311.html

PRIMARY TOPIC –DISTURBING POLL RESULTS ABOUT SCOTUS AND THE CONSTITUTION

Heartland Institute – Majority of Democrats Would Abolish Supreme Court, Call It “Racist” and “Sexist”
https://heartland.org/news-opinion/news/heartlandrasmussen-poll-majority-of-democrats-would-abolish-supreme-court-call-it-racist-and-sexist

Heartland Institute - Majority of Democrats Believe Constitution Is ‘Rooted in Racism’ and ‘Sexist’
https://heartland.org/news-opinion/news/heartlandrasmussen-poll-majority-of-democrats-believe-constitution-is-rooted-in-racism-and-sexist

SECONDARY TOPIC – HIGH ENERGY PRICES TO SAVE DEMOCRACY?

Breitbart – World Economic Forum: Gas Prices Must Go Even Higher—To Save Democracy
https://www.breitbart.com/environment/2022/07/11/world-economic-forum-says-democracy-is-dying-ditch-fossil-fuels-and-save-it/

NYP - Still suffering at the pump? Get used to it — it’s Joe Biden’s liberal world order
https://nypost.com/2022/07/03/get-used-to-suffering-at-the-pump-its-joes-world-order/

[Please subscribe to the Heartland Daily Podcast for free on iTunes at this link.]

The Heartland Institute's Donald Kendal, Jim Lakely, Chris Talgo present episode 353 of the In The Tank Podcast. ESG standards and sustainability goals are reeking havoc in the agricultural sectors. Farmer protests are starting in countries around the world. And also, are we turning a corner in energy and education towards… sanity? The ITT crew talks about this and more on episode 353 of the In The Tank Podcast.

OPENING CHIT CHAT

Cost of a 4^th of July Cookout 2021/2022
https://twitter.com/jlakely/status/1541540280452759553

PRIMARY TOPIC – ESG CRONYISM ALREADY WREAKING HAVOC

Epoch Times - Uncovering the White House’s Secret Meetings With BlackRock
https://www.theepochtimes.com/uncovering-the-white-houses-secret-meetings-with-blackrock_4550635.html
 

(Video) Dan Bongino Unfiltered discusses WH/Blackrock meetings
https://www.fox.com/watch/6b5f2813d05784759eff9ef8074dd1fa/

Reuters - Dutch gov't sets targets to cut nitrogen pollution, farmers to protest
https://www.reuters.com/world/europe/dutch-govt-sets-targets-cut-nitrogen-pollution-farmers-protest-2022-06-10/

Reuters - Fertiliser ban decimates Sri Lankan crops as government popularity ebbs
https://www.reuters.com/markets/commodities/fertiliser-ban-decimates-sri-lankan-crops-government-popularity-ebbs-2022-03-03/

SECONDARDY TOPICS – ENERGY AND EDUCATION SANITY

Reuters - EU parliament backs labelling gas and nuclear investments as green
https://www.reuters.com/business/sustainable-business/eu-parliament-vote-green-gas-nuclear-rules-2022-07-06/

Forbes - Natural Gas, Nuclear Go Green In The EU
https://www.forbes.com/sites/davidblackmon/2022/07/06/natural-gas-nuclear-go-green-in-the-eu/?sh=288a2c120652

Heartland Daily News - Arizona Extends School Choice to All K-12 Students
https://heartlanddailynews.com/2022/06/arizona-extends-school-choice-to-all-k-12-students/

[Please subscribe to the Heartland Daily Podcast for free on iTunes at this link.]

The Heartland Institute's Donald Kendal, Jim Lakely, Chris Talgo, and S.T. Karnick are joined by Steve Milloy, creator and publisher of JunkScience.com, for episode 352 of the In The Tank Podcast. On this episode, the ITT crew talks about the Supreme Court’s recent ruling against the EPA’s ability to regulate carbon dioxide emissions. Also, the left in response is having a collective meltdown.

SCOTUS EPA DECISION

Fox News - One more blockbuster Supreme Court decision could still be coming even after Friday's abortion ruling
https://www.foxnews.com/opinion/one-more-blockbuster-supreme-court-decision-could-still-be-coming-after-fridays-abortion-ruling

Heartland Institute - A Consequential Term at the Supreme Court About to End
https://heartland.org/news-opinion/news/a-consequential-term-at-the-supreme-court-about-to-end

NYT - Republican Drive to Tilt Courts Against Climate Action Reaches a Crucial Moment
https://www.nytimes.com/2022/06/19/climate/supreme-court-climate-epa.html

ANTI-SCOTUS RHETORIC INCREASING

CNS News - AOC: 'President Biden Should Entertain Expansion of the Supreme Court'
https://www.cnsnews.com/index.php/article/washington/susan-jones/aoc-president-biden-should-entertain-expansion-supreme-court

Newsweek - Can Democrats Expand the Supreme Court and How Likely Is it?
https://www.newsweek.com/can-democrats-expand-supreme-court-how-likely-it-1720256

The Guardian - Republicans have hijacked the US supreme court. It’s time to expand it
https://www.theguardian.com/commentisfree/2022/jun/27/us-supreme-court-abortion-roe-v-wade-justices-expansion

National Review - Biden Remains Opposed to Court-Packing Despite Roe Reversal, White House Confirms
https://www.nationalreview.com/news/biden-remains-opposed-to-court-packing-despite-roe-reversal-white-house-confirms/

[Please subscribe to the Heartland Daily Podcast for free on iTunes at this link.]

The Heartland Institute's Donald Kendal, Jim Lakely, and Chris Talgo present episode 351 of the In The Tank Podcast. On this episode, the ITT crew talks about the current adminstration’s plan to destroy the reliable energy sector of this country. Also, they talk about the contradictions in everything Biden is doing as well as the likelihood that the Democratic establishment is gearing up to jettison Biden at the next opportunity. They talk about this and more in episode 351 of the In The Tank Podcast.

OPENING CHIT CHAT – DEMS CUTTING BIDEN LOOSE?

538 – Biden Approval Rating
https://projects.fivethirtyeight.com/biden-approval-rating/

CNN - Ocasio-Cortez won't commit to backing Biden in 2024: 'We'll cross that bridge when we get to it'
https://www.cnn.com/2022/06/12/politics/alexandria-ocasio-cortez-biden-reelection-2024-cnntv/index.html

The Hill - Biden can’t escape questions on his age
https://thehill.com/homenews/administration/3532095-biden-can%E2%80%8B%E2%80%8Bt-escape-questions-on-his-age/

THE PLANNED DESTRUCTION OF RELIABLE ENERGY

Climate Champions - ‘Race to Zero’ campaign updates criteria to raise the bar on net zero delivery
https://climatechampions.unfccc.int/criteria-consultation-3-0/

UN – Race to Zero Campaign
https://unfccc.int/climate-action/race-to-zero-campaign

BIDEN SUSPENDS FEDERAL GAS TAX

CNN - Biden will call for 3-month suspension of gas tax, though officials acknowledge it 'alone won't fix the problem'
https://www.cnn.com/2022/06/22/politics/gas-tax-suspension-biden/index.html

Illinois Policy Institute - The Illinois Fuel & Retail Association has agreed to post signage notifying drivers of the delayed gas tax hike, and an explanation of why gas in Illinois is so expensive.
https://www.illinoispolicy.org/illinois-gas-station-owners-fight-pritzker-mandate-with-gas-tax-signs/#:~:text=Pritzker's%20gasoline%20tax%20hikes,be%20two%20hikes%20in%202023.

Tax Foundation - How High are Gas Taxes in Your State?
https://taxfoundation.org/state-gas-tax-rates-2021/

[Please subscribe to the Heartland Daily Podcast for free on iTunes at this link.]

The Heartland Institute's Donald Kendal, and Linnea Lueken are joined by Isaac Orr from the Center of the American Experiment and Jason Hayes from the Mackinac Center for Public Policy for episode 350 of the In The Tank Podcast. On this episode, the ITT crew talks about all the excuses that are being spun to shield the Biden Administration and his energy policies from the rising prices for gas and energy. The ITT crew sets out to separate the facts from the fiction.

OPENING CHIT CHAT

WSJ - Climate-Change Censorship: Phase Two
https://www.wsj.com/articles/climate-censorship-phase-two-gina-mccarthy-social-media-biden-white-house-11655156191?st=0inyrmh1n3e5bb2&reflink=desktopwebshare_twitter

GAS PRICE RISE NARRATIVE

Fox Business - Record high gas prices: West Virginia, Montana, Colorado see biggest weekly jumps
https://www.foxbusiness.com/economy/record-high-gas-prices-west-virginia-montana-colorado-see-biggest-weekly-jumps

Washington Post - Fossil fuel leasing program undercuts Biden's climate goals, report says
https://www.washingtonpost.com/politics/2022/06/15/fossil-fuel-leasing-program-undercuts-biden-climate-goals-report-says/

AP News - Biden tells oil refiners: Produce more gas, fewer profits
https://apnews.com/article/russia-ukraine-biden-covid-health-f73c882b0664a5d5dd62635a9a65364c

ExxonMobil – Response to Biden
https://corporate.exxonmobil.com/News/Newsroom/News-releases/2022/0615_ExxonMobil-statement-regarding-President-Biden-Letter-to-Oil-Industry

IER - Another U.S. Refinery Slated to Close
https://www.instituteforenergyresearch.org/fossil-fuels/gas-and-oil/another-u-s-refinery-slated-to-close/

ENERGY SHORTAGES

WSJ - Why Electricity Blackouts Are Coming to Michigan
https://www.wsj.com/articles/why-electricity-blackouts-are-coming-to-michigan-nuclear-power-plant-green-energy-renewable-climate-11653685521?mod=article_inline

Washington Post – A summer of blackouts
https://www.washingtonpost.com/business/2022/06/02/blackout-states-summer-heat/

WSJ - ‘That Could Never Happen in America,’ I Once Thought
https://www.wsj.com/articles/blackout-rolling-electricity-power-venezuela-america-11654185555 

Reuters - U.S. Midwest may have summer power shortages for years
https://www.reuters.com/business/energy/us-midwest-may-have-summer-power-shortages-years-2022-06-10/#:~:text=On%20Friday%2C%20MISO%20released%20a,responses%20over%20the%20next%20year.&text=One%20gigawatt%20can%20power%20about,on%20a%20hot%20summer%20day

[Please subscribe to the Heartland Daily Podcast for free on iTunes at this link.]

The Heartland Institute's Donald Kendal, Jim Lakely, and Chris Talgo present episode 349 of the In The Tank Podcast. On this episode, the ITT crew talks about the upcoming January 6 hearings, the general state of the economy, and the Biden Administration’s doubling down on renewable energy. We talk about all this and more on episode 349 of the In the Tank Podcast.

AWAITING A FINANCIAL HURRICANE?

POTUS TWEET – “America has achieved the most robust recovery in modern history”
https://twitter.com/POTUS/status/1533811782367727616

White House - Remarks by President Biden on the May Jobs Report
https://www.whitehouse.gov/briefing-room/speeches-remarks/2022/06/03/remarks-by-president-biden-on-the-may-jobs-report-2/

CNBC - Jamie Dimon says ‘brace yourself’ for an economic hurricane caused by the Fed and Ukraine war
https://www.cnbc.com/2022/06/01/jamie-dimon-says-brace-yourself-for-an-economic-hurricane-caused-by-the-fed-and-ukraine-war.html

Fortune - Former U.S. Treasury head Larry Summers says a recession is ‘the most likely thing’
https://fortune.com/2022/04/14/larry-summers-recession-likely-interest-rates-unemployment/

Yahoo - Tesla: Musk’s Economy Warning Demands Attention, Says Morgan Stanley
https://finance.yahoo.com/news/tesla-musk-economy-warning-demands-221538694.html

Markets Insider – (Counterpoint: JPMorgan's chief economist says there's no reason to be worried about a US recession, with the private sector in 'remarkable' shape
https://markets.businessinsider.com/news/stocks/us-recession-no-reason-worry-jpmorgan-economist-consumer-corporate-spending-2022-6

NPR - Treasury Secretary Janet Yellen says she was wrong about the risks of inflation
https://www.npr.org/2022/06/01/1102364460/yellen-inflation

(video) Janet Yellen ignores question about inflation and government spending
https://www.youtube.com/watch?v=qzH2CpumOHE

DOUBLING DOWN ON UNRELIABLE ENERGY

Barron’s - Yellen Says New Biden Investments Can Counter Inflation
https://www.barrons.com/news/yellen-says-new-biden-investments-can-counter-inflation-01654618508?tesla=y

USA Today - Biden is using the Defense Production Act to make more solar panels, other clean-energy technology
https://www.usatoday.com/story/news/politics/2022/06/06/biden-defense-production-act-solar-panels/7532045001/

[Please subscribe to the Heartland Daily Podcast for free on iTunes at this link.]