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MAGA Oligarchs Using 'Friction Theory' To Ruin Social Security

MAGA Oligarchs Using 'Friction Theory' To Ruin Social Security

Thomas Jefferson referred to the U.S. government as a "common house" that provided the people protection and stability. Donald Trump is trying to evict Americans from that comfy home by making it hard to get benefits that should be thought of as a right.

Witness the slashing of basic government services in the name of deficit reduction, or more accurately, paying for tax cuts. Elon Musk's rash firings are about more than saving taxpayers money on salaries and office rent. It's about frustrating Americans trying to obtain benefits to the point that they give up.

In economics, "friction theory" describes how governments (or other institutions) put into place unnecessary complexity, bureaucratic hurdles, or inefficiencies to discourage the public from accessing services. This can take the form of complex paperwork, or limited hours of operation to reduce demand.

It's no accident that Musk is cannibalizing the workforces that administer such benefits as Social Security and Medicaid. These are people we sometimes must talk to.

Trump started applying the friction theory in his first term to undermine the Affordable Care Act. Its purpose was to steer away the younger and healthy beneficiaries needed for a stable insurance pool.

He shortened the annual ACA enrollment period and slashed its advertising budget by 90%. He cut funding for the navigators who helped folks understand the ACA program and how to enroll in it.

He employed other means to dismantle the program. The tax cut legislation effectively repealed the "individual mandate" requiring most Americans to have health coverage or pay a penalty. By removing the penalty, fewer healthy people bought coverage. The result was higher ACA marketplace premiums to cover a riskier pool of beneficiaries.

Trump also expanded access to short-term plans that didn't have to meet basic ACA requirements, such as covering preexisting conditions. Many people opted for these cheaper plans, again leaving the ACA marketplaces burdened with a sicker population.

Unable to bankrupt the ACA, Trump then tried to kill the program outright and almost succeeded. Time to try again.

The ACA expanded access to Medicaid. Project 2025, the right-wing blueprint for a second Trump term, calls for stricter eligibility standards to decrease enrollment in Medicaid and place limits on lifetime benefits. What Project 2025 wants, Project 2025 seems to be getting.

As for the Social Security Administration, Musk's mass layoffs insert friction into the process of getting information about benefits or fixing problems. That has resulted in limited phone-based services and the shutting of local offices providing in-person assistance. The Social Security website has crashed four times in 10 days this month so far.

The MAGA slumlords now portray Social Security not as the earned benefit it is but as some kind of racket. Consider Musk's fake claims about armies of long-dead Americans still collecting benefits. And he calls Social Security a "Ponzi scheme."

Social Security faces financing challenges, but the benefits come out of taxes paid by the workers and their employers. What's not distributed to beneficiaries gets invested in securities backed by the full faith and credit of the U.S. government.

Our new commerce secretary broke new ground in portraying those claiming a missed Social Security check or incorrect payment as likely criminals. I quote Howard Lutnick:

"A fraudster always makes the loudest noise, screaming, yelling and complaining. ... The easiest way to find the fraudster is to stop payments and listen, because whoever screams is the one stealing."

Face it. The knives are out to destroy Americans' confidence in the government services that made their national house feel like home. The goal of the MAGA slumlords is to get the public to curse the program and, most importantly, go away. Frustration is their weapon.

Reprinted with permission from Creators.

Donald Trump

How Trump May Use Trade Chaos For Illegal Gain

You can get rich when stocks go up. You can get rich when stocks go down. When stocks go up, people who knew to buy them in advance may win big. If they go down, investors who had the wisdom to "go short" on them — that is, bet on their decline — can make a bundle.

Clearly, anyone who can predict what stock prices would do can make magnificent profits. And who knew that Donald Trump was about to announce market-moving plans for bigger tariffs, then smaller tariffs, then sideways tariffs, then tariff delays?

Trump knew.

It happens that trading stocks or other investments based on insider information, whether by a corporate executive or government official, is highly illegal. Trump and any confidants who got wind of what he was about to say on tariffs could have made fortunes buying or selling on that information.

Were Trump and friends engaging in such fraud? So far no one has presented direct evidence that Trump's whiplash statements and contradictory actions on tariffs are part of a ploy to manipulate stock prices. But I did ask a conservative banker friend whether he thought insiders were trading on all this tariff chaos. His answer: "I have absolutely no doubt about it."

A number of factors strongly hint that this could be going on.

Hint number one is that if one believes Trump's vows to move forward on tariffs, none of this makes sense. Nearly every economist holds that reckless tariffs will crash the economy. As a negotiating tactic, what have these gyrations produced? Pathetically little.

Example: Trump slapped 25 percent tariffs on Canada and Mexico at midnight, March 4. Stock prices tumbled. Hours later, his Commerce Secretary Howard Lutnick said Trump might reconsider. Trump then announces a one-month delay on some tariffs. Stocks jumped.

U.S. automakers rely on parts from Mexico and Canada to make their vehicles less expensive and easier to sell. Trump "explained" that the American companies could use the month to move that production back to the United States.

Let's cut to the chase: Vehicle makers couldn't build new parts factories in just a month even if they wanted to. But gosh, what a good time insiders could have trading on their pain.

Hint number two is that Trump is firing ethics watchdogs that would call attention to illegal stock manipulation. The Department of Justice, for one, is supposed to prosecute government officials for insider trading. Trump just gave the No. 2 position at DOJ to Todd Blanche, who was his personal criminal defense lawyer.

Trump did a mass firing of inspectors general, some of whom investigate insider trading by government officials. He didn't even give Congress the 30-days' notice required by law.

Hint number three is that Trump simply loves a good scam. It matters not whether the victims are students at his university, investors in his bankrupt casinos or his fans.

Some may recall how the Trump Rebate Banking System suckered sad members of his cult. TRB sold such items as "Trump Bucks," "Trump coins" and membership cards on the false claim they would become legal tender in a future monetary system.

As things now stand, a big chunk of North American trade remains exposed to tariffs. That means Trump has much opportunity to play more tariff games with friendly countries, U.S. workers, manufacturers and ordinary investors.

The time has long passed for Americans to dismiss the idea that Trump's yo-yo "trade policy" is a simple matter of indecision. They should ask whether it involves, or even revolves around, an insider trading scheme benefiting Trump and his consorts. Does anyone have a better explanation for it?

Reprinted with permission from Creators.

Why Is Trump Sabotaging The US Auto Industry?

Why Is Trump Sabotaging The US Auto Industry?

If Chinese leader Xi Jinping wanted to take down the U.S. auto industry — and he probably does — he couldn't have a better helper than Donald Trump. The American president's tireless efforts to slow America's shift to electricity-run transportation is a dream come true for China as it leads the world in that transition.

Electric vehicles are the cars and trucks of the future. In some parts of the world, that future is here. Norway now has more fully electric cars on its roads than the gas-powered kind.

China has put enormous resources behind the development and manufacture of EVs. The U.S. was on the case when Joe Biden was president. Trump is taking away those subsidies, thus messing with U.S. automakers' big plans to compete in this growing market.

The politics of it are also wild. About 80% of the Biden-era clean energy investments are in red states (or if they are rescinded, were).

In North Carolina, Toyota just unveiled a $13.9 billion battery plant in the small town of Liberty. Another maker of cutting-edge batteries will soon open near Raleigh, not far from a factory that builds charging infrastructure.

Trump also wants to take away money Congress appropriated for EV charging stations. That appears to be illegal, but Republicans in Congress seem more afraid of Trump than voters who could lose jobs.

But one Republican, Alabama's Gov. Kay Ivey, defends that funding. "Having strategic electric vehicle charging stations across Alabama not only benefits EV drivers, but it also benefits those companies that produce electric vehicles, including many of them right here in Alabama, resulting in more high-paying jobs for Alabamians."

All true.

Some observers surmise that Elon Musk sees a personal gain in slowing down the growth of charging stations. His Tesla currently has the largest network of fast chargers in the country. Adding chargers could help sales of EVs other than Elon's.

Potentially hurting the American automakers are the 25% tariffs Trump wants to slap on the parts they get from Canada and Mexico. This shared production arrangement makes U.S. cars more price-competitive on world markets, thus protecting the jobs of American workers.

But get this: Musk is now suing the European Union over its decision to put hefty tariffs on EVs made in China. Tesla, you see, makes more than half its EVs in China.

MAGA has been brainwashed to see evil behind efforts to direct American drivers away from fossil fuels. As a self-pitying Arizonan told The Wall Street Journal, EVs are "being pushed down our throats."

A Morning Consult poll taken last spring found that 4 in 10 Americans have unfavorable views of EVs. And 38% of those respondents said their political views were a factor.

One must ask: What mean man is forcing Americans to buy electric vehicles? No one is stopping you or me from going to an auto showroom or used car lot and driving off with a 100% gas-powered machine.

Having the U.S. government help a new domestic industry is what we call economic policy. When Henry Ford's first Model T rolled out of the factory in 1908, America had almost no paved roads beyond the cities.

Ford was a strong advocate for the kinds of roads his new cars needed to run on. He became the first chairman of the Wayne County Road Commission. The Federal-Aid Road Act was passed in 1916 and the Federal-Aid Highway Act in 1921.

Back to the present, sales of Chinese-made EVs rose 40% last year alone. China also has the world's largest network of charging stations.

Something tells us President Xi Jinping likes the way things are going in the age of Trump.

Reprinted with permission from Creators.

Make America Great Again MAGA

Trump Clearly Prefers Billionaires To His MAGA Followers

Will the MAGA base ever figure out they've been played?

Farm country provided Trump with some of his most fervent support. Farmers are now being tossed aside by Trump policies, none of which he seems interested in dialing back.

A trade war would be disastrous. Farm products are a major U.S. export. Last year, the U.S. exported more than $30 billion in farm products to Mexico, $29 billion to Canada and $25 billion to China.

When a country slaps big tariffs on products from another country, that country can be expected to hit back with its own punishing tariffs. Trump's insults also add focus to the revenge: Offended nations are targeting products coming from Trump country.

American farmers rightly worry that a trade war would incentivize other countries to find more reliable suppliers of corn, wheat and whatever else they grow. As a soybean grower in Iowa told the Financial Times, "Farmers understand that trading relationships go up on a stairway, where you work hard to build them up, but go down on an elevator — very, very fast."

Trump's mania for tariffs was no secret during the campaign, nor were his deportation plans that are going to ravage rural workforces. What were U.S. farmers thinking when they voted for Trump? That he really loved them?

Trump is working on a plan to take away added funding from the Internal Revenue Service and use it for securing the southern border — as if the U.S. can't afford two important government functions at the same time. If anything, weakening the IRS's ability to collect taxes owed would deprive government of the money that could be used to defend the border.

Eroding the IRS's ability to enforce the tax laws is a gift to rich tax cheats. They have all sorts of tricks to hide income. The working stiffs do not. Their taxes get taken right out of their paychecks.

Medicaid buys health care for Americans who typically make less than $50,000. These low earners gave most of their votes to Trump. Republicans are now circling Medicaid as a fat target for spending cuts.

Their Project 2025 blueprint clearly states, "The dramatic increase in Medicaid expenditures is due in large part to the ACA (Obamacare), which mandates that states must expand their Medicaid eligibility standards."

During the campaign, Trump insisted he was "not running to terminate" the Affordable Care Act. But that wouldn't preclude stripping it of so many benefits and slashing so many beneficiaries that a walking corpse would be all that's left. And Trump will call it Obamacare.

Trump has named the mastermind behind Project 2025, Russell Vought, his budget director. In addition to Medicaid, Vought has it in for Head Start, veterans benefits and medical research.

Republicans vow not to touch a hair on Medicare, which covers the elderly, but that too is not entirely off the table. "In essence, our deficit problem is a Medicare and Medicaid problem," Project 2025 laments. It calls these programs "runaway entitlements."

The Department of Health and Human Services is home to both Medicare and Medicaid. How do you all feel about the crackpot Bobby Kennedy Jr. being put in charge?

Don't expect Republicans in Washington to publicly oppose Trump, even at the expense of their voters' health care. But some are quietly worried.

"If you cut Medicaid, you're, like, pissing off the people who put you in office — who Trump resonates with, right?" one House Republican (who did not share his name) told The Wall Street Journal.

But It's pretty naive to think that Trump cares about the people who put him in office. All he wanted was their votes. He got them.

Now scoot.

Reprinted with permission from Creators.

Rising Egg Prices

Rising Egg Prices? Totally Donald Trump's Fault!

During the campaign, Donald Trump stood before a table of groceries, a box of eggs included, and promised: "When I win, I will immediately bring prices down, starting on day one." It's now past day 14, and eggs prices are hitting record highs. Or to use a Trumpian locution, egg prices are the worst they've been in history.

You surely heard that Waffle House raised the price of its breakfasts by 50 cents an egg? Or that 100,000 eggs — valued at $40,000 — were just stolen from a single store in Pennsylvania?

Where are prominent Democrats emoting in supermarket aisles, hyperventilating on X or renting garments on the steps of the Capitol over this great injustice? It happened on Trump's watch breaking a sacred promise.

As of this typing, Trump has yet to blame egg prices on DEI or Hunter Biden. He hasn't said, as George Conway playfully tweeted, "THIS IS TOTALLY KAMALA HARRIS'S FAULT." Trump probably doesn't want to draw attention to the matter.

But now that Trump's in charge, his propagandists have discovered the bird flu, which killed egg-laying chickens during the Biden years. The influenza A viruses obviously haven't gotten the memo that they were supposed to disappear on Inauguration Day. That has Trump supporters hollering about the unfairness of blaming the MAGA god for an act of God.

But is it unfair for Democrats to fight unfairness with their own unfairness? After all, Trump unfairly blames everything on them.

The power of these lies is threefold. One, much of the public reads it as genuine criticism. Two, the target must spend time and energy explaining what the truth is. And a third advantage not equally shared: Many Republican followers are fully aware of the falsehoods but simply enjoy the discomfort they visit on Democrats.

Trump blamed the tragic plane crash in Washington on DEI. Those diversity, equity and inclusion policies will not be missed by many of us, but they had zero to do with the air disaster. Bringing them up, however, let Trump play around with racist and sexist innuendo.

Democrats could have countered with the verifiable truth that there were no commercial air disasters during the Biden administration. What's gone wrong since Trump took over? Democrats could have claimed that Trump's mania for deregulating has already brought laxness to air safety. And his vow to ax the jobs of government workers has left traffic control towers demoralized and understaffed.

Perhaps Democrats didn't want to stoop that low, but they surely could have come up with a bolder response than Chuck Schumer's drone before the mics. The Senate minority leader complained that Trump's unfounded explanation was "idle speculation" exploiting a terrible tragedy. His voice seemed to come out of a Victrola whose turntable was losing speed.

Maybe Democrats should ignore me on this. Ideally, one ought not unfairly blame anyone for anything. And Democrats have not been immune to attributing unrelated causes to things that went wrong under Republican governance. But their lying generally wasn't so blatant and gleeful.

Now a brief foray into the fact-based world: Economists say that Trump's trade wars will raise the cost of food still higher. And so would his plans to deport farm workers without the proper papers. Be prepared.

Now let's go back. There was a time when you didn't have to mortgage your home to buy breakfast. Perhaps if I act now and sell some stock, I can afford to take my family of four to Waffle House for a two-egg breakfast, side of bacon. With tip, that would cost we hardworking Americans more than $40. Shocking inflation.

AND THIS IS TOTALLY DONALD TRUMP'S FAULT!

Reprinted with permission from Creators.

Trump's Aggression Against Our Neighbors Brings Us Shame And Pain

Trump's Aggression Against Our Neighbors Brings Us Shame And Pain

Never mind how Donald Trump's threatened trade war ultimately pans out. Though a 25 percent border tax would hurt the economies of Canada and Mexico more, Americans would also feel the ill-effects. But America is already suffering. Start with the shame of menacing and sliming our good neighbors with lies.

Even if it's part of a twisted game of negotiation — Trump has already put off the war with Mexico and Canada by a month — the economic damage is lasting. (Trump's game is to jump on some small concession to declare victory.) Meanwhile, Made-in-Trump's-USA is becoming a toxic label.

Canadians recently booed "The Star-Spangled Banner" at a hockey game in Ottawa. Something tells us they don't want to become the 51st state.

Now Canada and Mexico could retaliate against American exports, starting with steel, pork and bourbon. They would focus on economic interests in Trump country, a reflection of their understanding that much of America shares their mystification, if not horror, at this sadistic show.

But these trading partners have more subtle weapons than slapping their own tariffs on American products. They can decide that the United States is an unreliable trading partner and look for replacements.

America's Midwest refineries rely on crude from Alberta. Trump says Canadian energy would get a special deal, a tariff of only 10 percent. Alberta Premier Danielle Smith says even 10 percent is not OK. She likes to point out that if you subtract energy from the trade numbers, the U.S. would probably have a trade surplus with Canada.

For all of Trump's sniveling about the price of oil, it would go higher if Canada, our largest foreign supplier, decided to sell it to someone else. Canada is already considering ways to move the product west and then onto Asia.

The best-selling beer in the U.S. is Modelo Especial from Mexico. It is made from barley harvested in places like Idaho, Montana and North Dakota. About 75% of U.S. barley exports go to Mexico. But Argentina, Chile and Brazil also grow barley and would probably be very happy to take over those sales. And the loss of that business would hurt American farmers.

Note that none of these responses involve retaliatory tariffs toward American products.

The North American economy has been integrated to our benefit as well as that of our neighbors. A "Made in America" vehicle, for example, crosses borders several times before the final product rolls to the showroom. This production sharing lets things get done in the most cost-efficient places. It is also done in Europe and Asia.

Contrary to Trump's baloney excuse for making economic war against our neighbors, Canada is the source of almost no fentanyl entering this country. And the fentanyl that comes over the border from Mexico enters through legal ports of entry, hidden in truck tires and suitcases. If that's the case, isn't it the job of U.S. authorities to check those tires?

Same goes for undocumented migrants. Of course, the border was already peaceful by the time of Trump's inauguration. Before the tariff standoff, Canada and Mexico had already stepped up helping control these migration flows on their sides of the border.

The usually Trump-friendly Wall Street Journal has called this "The Dumbest Trade War in History." That it isn't in our interests doesn't even seem to matter. The crisis serves Trump's unhinged need to be constantly at the center of the world's attention and his sick pleasure in extracting pain. War or no war, he's already achieved both.

But the pain felt by Americans trapped by a leadership in Washington that has gone haywire endures. And when the cruelty gets dumped on our friends, the pain starts with shame.

Follow Froma Harrop on Twitter @FromaHarrop. She can be reached at fharrop@gmail.com. To find out more about Froma Harrop and read features by other Creators writers and cartoonists, visit the Creators webpage at www.creators.com.

Drug Prices

Democrats Should Pick A Fight With Trump Over Drug Prices

Donald Trump is executing a shock and awe strategy, burying the public in a smoky cloud of flamboyant proposals. Some, like ending birthright citizenship, are quickly slapped down in the courts. Some, like threatening to invade Greenland, are dismissed as moronic. But all are radical enough to provide news media with easy entertainment.

The problem for Democrats is that these flashbangs distract from plans that would hit Americans, in Bill Clinton's words, "where they live." Democrats need to focus.

Start with actions to weaken Biden-era programs to restrain the prices drugmakers may charge for their products. His first day back in office, Trump canceled the Biden order to test new models for lowering drug costs.

When Trump ran for president in 2016, he promised to have Medicare negotiate drug prices. Why? It was a very popular idea. Upon election, the vow promptly vanished. Trump named Alex Azar, a top executive at Eli Lilly, to head Health and Human Services. (Under Azar, Eli Lilly tripled the price of its top-selling insulin drug.)

But Joe Biden's Inflation Reduction Act did follow through. As a result, 10 popular drugs covered under Medicare Part D (the prescription drug benefit) were selected for price reductions by 2026. They include such popular medications as Jardiance (diabetes), Enbrel (rheumatoid arthritis) and Eliquis (blood clots).

In its last days, the Biden administration targeted another 15 Part D drugs for price negotiations. They include Trelegy Ellipta (asthma, COPD) and three big-name drugs for weight loss, diabetes and heart disease: Rybelsus, Ozempic and Wegovy. These negotiations would have to be implemented by the Trump administration. Don't bet the farm on much relief.

Novo Nordisk, maker of Ozempic and Wegovy, has been charging Americans outlandish prices for these blockbusters. Wegovy's list price in the U.S. is over $1,300 for a month's supply. It is five times the price in Canada ($265) and 14 times the price in Britain ($92).

The right-wing argues, as Project 2025 puts it, that government negotiations on Medicare drugs amount to "price controls" that will reduce patient access to new medication. That's news to the citizens of just about every other advanced country. And no, other countries don't let drugmakers charge their people whatever they want.

In Novo Nordisk's home country of Denmark, Wegovy costs only $186 a month. It should surprise no one that 72% of the company's sales come from the United States. We are the land of suckers.

Thanks to Biden, the catastrophic coverage tier for Part D begins when a beneficiary's out-of-pocket spending reaches $2,000. Project 2025 calls for "eliminating the coverage gap in Part D, reducing the government share in the catastrophic tier, and requiring manufacturers to bear a larger share." (You may laugh at the "requiring manufacturers" part.)

It's true that Trump has yet to reverse the caps already in place on seniors' drug costs, and so beneficiaries won't notice much change right off. He's certainly too clever to mess with the $35 limit on the monthly price of insulin, one of Biden's marquee achievements. Doing so might break through the smoke.

However, Project 2025 has its own ideas, and Trump is stocking his administration with Project 2025 folk. Furthermore, as Republicans comb through the budget for ways to pay for tax cuts, Medicare would seem a ripe place to slash spending. Trump did vow to leave Medicare alone. Then again, he vowed to have Medicare negotiate drug prices.

Why would Trump be OK with forcing Americans to pay more than the rest of the world for their drugs? The answer is simple: Because the drug companies want them to.

Democrats, step around some of those rabbit-hole distractions. You have an issue.

Reprinted with permission from Creators.

Donald Trump

Shaking A Shrunken  Stick, Trump Leads America Boldly Into Decline

Not a month old, the second Trump presidency is barreling toward the decline that big-mouth leaders have been sending their countries for centuries. Theodore Roosevelt warned of such dangers.

Speaking at the 1901 Minnesota State Fair, he famously shared the African proverb, "Speak softly and carry a big stick."

Roosevelt elaborated: "If a man continually blusters, if he lacks civility, a big stick will not save him from trouble." For a nation, he added, "It is both foolish and undignified to indulge in undue self-glorification, and, above all, in loose-tongued denunciation of other peoples."

Trump's threat of a 25 percent tariff against Colombia if it didn't start accepting planeloads of deported Colombians did work. But rather than take quiet satisfaction, he had to make a high school-level jab against Colombia's leader, calling him "very unpopular amongst his people." (An earlier White House statement on the planned sanctions ignorantly misspelled Colombia as "Columbia.'" That's the university, not the country. Also the Hollywood filmmaker.)

China is another matter. Trump has backed off on the big-stick approach toward China. He's now threatening tariffs of 10 percent, marked down from his earlier 60 percent. But can China be intimidated by a smaller stick from a blowhard? A stick of any size constitutes a challenge to China's self-esteem, something China has in quantity, and its own quest for global dominance.

About which, China has developed an AI model called DeepSeek that's almost as good as its American competitors' while using inferior AI chips. It costs a lot less and consumes less energy. That triggered a rout on Wall Street, hitting investors, not to mention Trump's beloved technology oligarchs, in the gut.

Americans now have a recovering (we hope) alcoholic in charge of the nation's defense. Even if Pete Hegseth were a beacon of sobriety, he utterly lacked the qualifications for that job. He was, however, a photogenic talking head on Fox.

On his first day at Defense, Hegseth announced big plans to ban transgender people from the military. Why Americans should feel safer knowing that people who identify with a gender other than the one they were born with can't serve in the military is unclear.

Israel, Australia, Canada, and Germany let transgender soldiers operate openly without concerns for military readiness. In this country, female-born Shane Ortega served in the Marines before transitioning to male identity. He then transferred to the Army and flew countless helicopter missions in Iraq and Afghanistan.

Elsewhere in his second presidential term, Trump has failed his promised follow-through on lowering the price of groceries. On the contrary, egg prices are setting new records. They are up nearly 37 percent from this time last year, and are expected to go higher still. Kind of makes you miss the more affordable grocery carts of the Biden era.

Lumber prices have risen 35 percent from five years ago. Trump's threat to slap a 25% tariff on Canada, a major supplier, isn't going to make wood products more affordable. One feels for the disaster-struck people of North Carolina and California who need lumber to rebuild.

But since the construction industry depends so heavily on workers whom Trump vows to rapidly deport, there may not be enough people left to do the rebuilding. At the very least, the cost of employing them would go way up.

As for shaking his shrunken stick at China, Trump has become one of the "obnoxious" individuals Theodore Roosevelt warned against. One "who is always loudly boasting" and "absolutely contemptible" for not being prepared to back up his words.

In other business, Trump's attacks on electric vehicles are helping Chinese competitors eat our domestic carmakers' lunch on EV production and future sales. That depressing topic is for another day.

Reprinted with permission from Creators.

With 'Memecoin,' New Trump Presidency Reworks An Old Con

With 'Memecoin,' New Trump Presidency Reworks An Old Con

Right before his inauguration, Donald Trump issued a $TRUMP meme coin featuring a defiant him pumping his fist after an assassination attempt. Shortly after their release, the market capitalization for $TRUMP coins passed $5 billion.

Oracle of Omaha Warren Buffett once called bitcoin "rat poison squared." Jamie Dimon, chief at JPMorgan Chase, noted that "it's got no intrinsic value," adding, "I remember when Beanie Babies were selling for $2,000 a pop."

Beanie Babies. Back in the 1990s, crowds pushed their way into toy stores to get in on Beanie Babies. TV hucksters would claim that a $1,500 investment in a Beanie Baby today could be worth $75,000 in 10 years.

What were Beanie Babies? They were cute animal dolls, basically pieces of fabric stuffed with plastic pellets. Most anyone with a sewing machine could make a Beanie Baby replicant. To protect against copies, creator Ty Warner had heart-shaped Ty tags attached to each. (Though tags were counterfeited as well.)

To drive up the prices of a $5 toy, Warner worked the psychology of scarcity through limited supplies and selective distributions. Bitcoin promoters likewise argue that the limited supply of the cryptocurrency maintains the investment's value.

Bitcoin's price is fueled by the Greater Fool Theory — that the fool who buys it needs only find a bigger fool to pay more for it than he did. That's how Beanie Baby mania worked.

"Is Trump's bitcoin embrace the biggest 'pump-and-dump' ever?" Economists Jeffrey Funk and Gary Smith, writing for MarketWatch, ask that question. Could Trump be pushing up crypto's value to unheard-of levels with the intention of dumping it at a high price and leave the greater fools holding the bag? And my question, could some billionaire pals be in on it?

Trump has been scamming the little guys for decades. In 1995, he got his fans to bail out his collapsing Atlantic City empire by selling them $140 million in Trump casino stock. (He had convinced them that he was a financial genius.) The investors were cleaned out.

Trump's army of lawyers are protecting him against a possible crash in the value of $TRUMP meme coins. The contract's small print strictly limits class action suits — and states that the coins are "NOT INTENDED TO BE ... AN INVESTMENT OPPORTUNITY, INVESTMENT CONTRACT, OR SECURITY OF ANY TYPE."

But to muddy that idea for the rubes, the Trump memes website notes they are "freely tradeable on the blockchain." Buyers can thus pretend to be crypto bros, as the ads show, lounging at the pool, as perfect female bodies sun in the background.

People who bought Trump Bibles or Trump sneakers, never mind the price, at least had a Bible or sneakers to show for it. As for those who regard the $TRUMP coins merely as a memento of the Great God Trump, something to pass down to their heirs — they could be OK.

Crypto ringmasters, meanwhile, love Trump's vow to deregulate. Also his extravagant promises to have the Treasury Department — that is, the taxpayers — buy billions of dollars of the cryptocurrency for a "Bitcoin Strategic Reserve." It would supposedly be used to pay off the national debt.

"How would the U.S. government buying bitcoin at inflated prices pay off America's debt?" Funk and Smith ask.

Crypto is a crazy volatile investment. In 2022, the value of bitcoin plunged 80% from its high after the collapse of the FTX crypto exchange. If inflating the price of crypto is part of a Trump scheme, we can assume the players will have dumped it in time for any crash. The greater fools would suffer: That's their lot. But please, please leave we taxpayers out of it.

Reprinted with permission from Creators.

This Time, Bring Popcorn As We Wait For Trump To Implode

This Time, Bring Popcorn As We Wait For Trump To Implode

When Donald Trump took over the White House back in January 2017, an appalled opposition started a movement called "the resistance." Its purpose was to stop Trump's worst excesses. Some may recall the massive Women's Marches and other anti-Trump demonstrations.

This time, past resisters are saying they are exhausted. Efforts to revive the women's protests have pretty much fizzled. But does that mean the opposition has gone into hiding? Has it decided to not care what MAGA outrages await the country?

Hardly. The resistance has taken to their recliners with bags of popcorn. They expect grand opera as an administration run by billionaires for billionaires rolls over the working folk who put Trump in office. While Trump distracts the public with threats against Canada, he has Elon Musk and company plumbing the budget for over $2 trillion that can be chopped.

The few places not off-limits to cutting tend to be the health and other programs that benefit average Americans. How else could the incoming oligarchy cover an extension of tax cuts for their people?

Other economically crazy proposals — widespread tariffs and new tax cuts — seem set to explode deficits and supercharge inflation. Many of the former resisters, now somewhat relieved to be a passive audience, are not entirely displeased by what they believe will befall the MAGA rubes. There's already a lot of uncharitable told-you-so in their social media posts.

The reaction to Trump's reelection was humorously summed up by fashion designer Isaac Mizrahi. "At first, I was saying, 'Darlings, you know, meet me on Lexington Avenue with your muskets,'" he told the Daily Beast. But also, "How long can the chaos they sow last before it implodes?"

Until then, Trump is having a good time at his base's expense. He talked a big game about squeezing tight the flow of immigrants taking Americans' jobs. After the election, however, he expressed his enthusiasm for the controversial H-1B visas. The H-1B program recruits foreign tech workers who are smart but also paid less. An outsourcing industry already provides Silicon Valley with these less-expensive tech workers.

But an analysis by the Economic Policy Institute puts into doubt that there is a shortage of American tech workers. The 30 companies hiring the most H-1B workers took on 34,000 new H-1B employees in 2022 but laid off at least 85,000 workers that year and early in 2023.

To lower expectations for a Trumpian economic miracle, the president-elect now complains that he's about to inherit a weak economy. It happens that Joe Biden is leaving office with another boffo jobs report. Biden created 693,000 factory jobs versus Trump's 425,000 before Covid hit. Inflation for groceries, a chief gripe, is now less than 1.6 percent. Incomes after inflation are higher than when Trump left the White House.

After candidate Trump promised to bring prices down, post-election Trump told Time magazine, gee whiz, "that's hard to do." By the way, the price of eggs is again going up largely for the same reason it rose two years ago, the bird flu.

Then there's the hokum of financial deregulation as the magic wand that will make all America richer. It would certainly make Wall Street richer for a time. In 2001, George W. Bush inherited a strong economy, complete with a balanced budget, from Bill Clinton. He then pushed sloppy deregulation that turned a housing bubble into a mortgage debacle and sent much of America into financial collapse.

Trump seems ready to follow suit. He talks of deregulating cryptocurrencies. (His son Don Jr. runs a crypto business.) Many economists say crypto is already a dangerous bubble. Take cover.

And so where has the resistance gone? It's gone to the show and the attendees are packing popcorn, not muskets.

Reprinted with permission from Creators.

On Planet MAHA, Vaccines Are Bad But Bacteria-Laden Milk Is Good

On Planet MAHA, Vaccines Are Bad But Bacteria-Laden Milk Is Good

What's wrong with sriracha? And, by the way, what is sriracha? Sriracha is a hot sauce of Thai origin made from chili peppers, vinegar, garlic, sugar and salt. The rap against it centers on its high levels of sugar and sodium. But Sriracha is normally used in tiny amounts, so where's the problem? The other complaint, that it's "too hot," has an easy remedy. Use less of it, or don't use it.

Such debates are part of the sprawling MAHA movement. MAHA stands for Make America Healthy Again. The name's nod to MAGA makes it sound like part of the Trump agenda.

MAHA is a rummage pile of diverse interests ranging from organic farmers to homeschoolers to anti-vaxxers. It has spawned a swarm of "influencers," podcasters and, most definitely, entrepreneurs pushing products that nurture body, soul and gullibility. At the same time, its emphasis on fresh food and exercise is laudable.

Crackpot conspiracy theorist Robert F. Kennedy Jr. is Donald Trump's choice to head Health and Human Services. "Bobby" spreads unfounded accusations against life-saving vaccines and promotes dangerous "natural foods" such as raw milk. If confirmed, he would try to send health policy on a mission to planet Omicron Delta. Star Trekkers know Omicron Delta as a giant amusement park that can read people's minds and make real anything they imagine, from fairy-tale characters to deadly threats.

Back on planet Earth, Trump wants RFK Jr. to "go wild" on health care. Bobby claims that a worm has eaten at his brain, which makes one worry for the health of the worm.

The claim that unhealthy diets are contributing to childhood obesity, diabetes and other scourges is solid. But some arguments over what constitutes a bad diet are far from simple.

"Ultra-processed foods" have become the all-purpose villain. MAHA holds that food conglomerates are forcing ultra-processed foods onto the American public. Two problems here. One is that no one is forcing anyone to buy or eat food they don't want to. The other is that the term "ultra-processed" is both misused and hard to define.

The Washington Post and other classy news sources were recently suckered by a study claiming that consumption of ultra-processed plant foods, including plant-based meats, was associated with higher rates of heart disease and premature death. Researchers at the University of Sao Paulo and Imperial College London put out the report. Imperial College led its press release with a photo of plant-based burgers.

Trouble is, plant-based meats may be ultra-processed, but they can be healthier than the real thing. More concerning, plant-based meats were almost entirely absent from the study condemning them.

The report also used a cheesy method for categorizing foods. Foods with gluten were automatically put in the ultra-processed column, but gluten has long been a meat alternative (Seitan is made from wheat gluten.) Under these definitions, tofus with natural flavorings and thickeners can be categorized as ultra-processed.

"It's a concept prone to illogical free association, lumping together Cheetos with ultra-healthy fermented beans," Vox reported.

If the Senate confirms Kennedy, Trump would surely swat down any of his ideas that conflict with big money. He's already announced that Bobby cannot get near oil drilling, thus nixing one of his chief environmental causes.

Vaccines are another matter. One can be assured that Trump and family have all their shots, but if other adults die from preventable diseases, well, that's on them. And if their unvaccinated children die from polio or measles, I would not be alone in judging those parents guilty of child abuse.

Taking MAHA's dimmer demands seriously would be a gamble with the public's health. What happens on Omicron Delta should stay on Omicron Delta.

Reprinted with permission from Creators.

Hey Suckers! Stop Taking Trump's Boob Bait On Greenland And Panama

Hey Suckers! Stop Taking Trump's Boob Bait On Greenland And Panama

Donald Trump had a rough couple of weeks. Members of his own party sunk his attempt to escape a vote on the debt limit for two years. Some of Trump's picks for top jobs weren't received with universal applause. A revolt by Republican senators against his choice of Matt Gaetz as attorney general forced the Florida Republican to withdraw from consideration. Then there was, yuck, the Gaetz report.

If you were Trump confronted with this unwanted evidence of limited political potency, what would you do? You would throw out some dazzling nonsense to distract the public's attention from your difficulties. You would make outlandish comments on such matters as buying Greenland and taking back the Panama Canal. You'd suggest that Canada become the 51st state.

And what has much of respectable media done with this fusillade of goofy chatter? Unfortunately, they jumped at the bait with unseemly speed and moved their focus to Trump's muttering about plans to stomp on the sovereignty of friendly countries. They led news reports with serious discussions of the international ramifications.

"The US is unlikely to take control of any of these regions," the BBC wrote with a straight face, "but these statements could indicate that Trump's 'America First' vision includes flexing the superpower's muscle beyond its borders for US trade and national security interests."

We've been here before.

In August 2019, then-President Trump told reporters of the "strategically interesting" idea of buying Greenland, which is a territory of Denmark. The Danish prime minister called the proposal "absurd." Trump then canceled a planned state visit to Denmark, citing such remarks as the reason.

But to show what a ha-ha headbang that attention-grabbing stunt really was, Trump tweeted a photograph of a skyscraper in the middle of an Arctic setting with the Trump logo at the top.

He wrote: "I promise not to do this to Greenland!"

He just dusted off the ridiculous idea again, writing on a social media post that the U.S. "feels that the ownership and control of Greenland is an absolute necessity" for reasons of national security and global freedom.

Media again snapped at the floating lures.

The Wall Street Journal offered the headline, "Trump Threatens to Take Control of Panama Canal, Greenland." The New York Times headline was "Trump's Wish to Control Greenland and Panama Canal: Not a Joke This Time." The article asserted: "Over the past two days, President-elect Donald J. Trump has made clear that he has designs for American territorial expansion."

Not a joke? Trump's son Eric posted an image on X showing Greenland, the Panama Canal, and Canada in an Amazon online shopping cart.

The Danish prime minister's office simply brushed off the latest provocation. It blandly remarked that the government was "looking forward to working with the new administration" and left it at that.

As for the Panama Canal, one serious news source noted that Trump would be able to use "the world's largest military" to back up his demands. The irony of discussing such rash international adventures without noting that Trump routinely accused his political opponents of being war-mongers was lost.

Greenland is still not for sale, but if it were on the market, it would be a big-ticket item, to say the least. Some analysts put the value of its natural resources alone in the hundreds of billions of dollars. Taking it by force would be a costly military operation.

How would starting the United States on a round of territorial expansion fit in with vows to chop $2 trillion out of the budget? Not well and another reason to dismiss the clown show.

At the very least, Trump should have to come up with new material.

Reprinted with permission from Creators.

Scott Jenning

Do You Want Donald Trump To Succeed -- Or America?

Those 38 Republicans who frustrated Donald Trump's demand that he be freed from the inconvenience of a debt ceiling vote early in his term were truly impressive. These are guys with whom yours truly disagrees much of the time.

What Trump's smarter knee-jerk defenders really believe is a matter of speculation. Scott Jennings used to work for normie President George W. Bush. He clearly sees his current job as left tackle, defending Trump from charges of lunacy, whatever their merit.

Thus, he turned on these deficit hawks for not submitting to the demand that they remove a stumbling block for Trump's evident plans to cover his tax cuts and spending with new borrowing. Jennings put it diplomatically, saying that Trump "had to convince them that teamwork matters."

It does, but you first have to decide what team you're on. Is it Team Trump or Team America? They are not necessarily the same team.

Rep. Chip Roy of Texas took issue with colleagues willing to let Trump off the debt ceiling hook. "I'm absolutely sickened by a party that campaigns on fiscal responsibility," he said, "and has the temerity to go forward to the American people and say you think this is fiscally responsible."

Roy is surely not on board with preserving the Affordable Care Act as I am, but that would be good for Team America. Trump will very likely work to eviscerate, if not kill, it. He tried the first term and almost succeeded.

We should all agree that restoring law and order in our immigration program would be good for Team America. Trump talked a big game about doing this. I have my doubts.

His vow to also go after undocumented migrants who have broken laws, apart from entering the country illegally, is low fruit. Who could be against that? For the record, Barack Obama deported many more "criminal aliens" than did Donald Trump in his first term.

Trump now says he would also send home recent arrivals, including those who otherwise haven't broken the law. But then Trump runs afoul of the moneyed interests who say they need the labor and who are his people.

Most important is sending a message that, henceforth, anyone who sneaks over the border doesn't get to stay. What rouses most pessimism about Trump's dedication to stopping future illegal immigration has been his refusal to support E-Verify. E-Verify is an online database that lets employers know whether a new hire may legally work in this country. Thus, they could no longer accept fake documents or assume that no authority would bother them.

E-Verify or something like it is the only way to cut off the job magnet at the root of illegal immigration. As long as the undocumented can get a job in the U.S., they're going to come here. And some already say that if Trump does send them home, they'll just slip back in again.

Asked about E-Verify during his first term, Trump responded, "E-Verify is so tough that in some cases, like farmers, they're not, they're not equipped for E-Verify." The notion that farmers don't know how to use computers is nonsense. Also insulting to farmers.

Back to the present, Jennings poses "a core question." (That sounds so principled.) "What does the constituent want?" he asked. "Do they want you to execute your ideology or do they want Donald Trump to succeed?"

It was quite refreshing for some of the dissenting Republicans to say they represented their constituents, not Trump. Much of America has come a long distance, and not in a good way, to equating one man's interests with America's.

Do they want Trump to succeed or America?

Reprinted with permission from Creators.

Donald Trump

Part Infant, Part Gangster: It's Very Hard To Keep Donald Trump Happy

The older he gets, the bigger the baby. Donald Trump has turned the U.S. government into one giant pacifier to calm his fear of seeming less than all-powerful. Consider those billionaires now dropping bags of gold at his feet, concerned that he would use his presidential powers to hurt them.

Donald Winnicott, a prominent English pediatrician and psychoanalyst, famously wrote that babies have "the illusion of omnipotence." They think the world revolves around their needs being met.

To reinforce his illusion that he embodies Roman Emperor command, Trump has turned to the cameras to publicly name formerly skeptical, or even just neutral, moguls now paying tribute:

"So Tim Cook (Apple) was here."

"We do have Jeff Bezos, Amazon, coming in."

"The top bankers, they're all calling."

Reputable political analysts say this executive behavior reflects alarm that Trump might try to sabotage their business and hurt their investors. Anyway, the commentators add, paying a million or two in tribute is "just a rounding error" to these guys.

The analysts are not wrong. More amazing is that they would calmly portray threats toward leading American enterprises —engines of the economy, creators of jobs — as something a normal president would do.

Another word for this is extortion. It's the mobster message: "If you don't want trouble, you know what to do."

Recall during the first term when Trump tried to punish Amazon through higher postal rates and by taking away a $10 billion Pentagon cloud servicing contract. Trump's motives were not at all hidden. Bezos owned The Washington Post, which was often critical of him.

The nomination of vaccine foe Robert F. Kennedy Jr. to head Health and Human Services could be seen as a classic baiting operation. Its intention is also to dare senators, Republicans included, to challenge his choice of this weirdo. If Trump wins, then he's proven he has them all in a headlock.

The objective isn't just to get away with things but to send the mob message, "If you don't want trouble, you know what to do." And to add, Caligula style, "Let them hate me, so long as they fear me."

Seeing that Bobby Jr. may be a crackpot too far even for cowed Republicans, Trump could drop the nomination. But that might seem like surrender. Instead, he's gaslighting the public on what RFK Jr. stands for. It happens that the lawyer helping Bobby choose staff for HHS petitioned the government to revoke its approval of the polio vaccine.

"You're not going to lose the polio vaccine," Trump recently told reporters. Big of him. That the public needs that kind of reassurance shows how deep Trump thinks he can take it into the rabbit hole of mind-bending. Until he came along, no one even imagined that an American leader might deny their families protection from a polio epidemic causing paralysis, long-term muscle weakness, fatigue and pain.

But suppose Trump arm-twists the Senate into approving a health official who would "put the public's health in jeopardy," according to 75 Nobel laureates. That would be hard to beat as a display of omnipotence. He would again be matching Caligula, who is said to have appointed a horse as a consul.

Uber and its CEO have just contributed a combined $2 million to Trump's inauguration. What makes this example of executive submission special is that Uber's chief legal officer, Tony West, is Kamala Harris' brother-in-law. Uber's CEO did little to veil his motive. It was his biggest donation ever to a political candidate, he noted, and showed "Uber's eagerness to work with the incoming administration."

Babies grow out of the obsessive need to display dominance. Trump hasn't, and he's almost 80.

Follow Froma Harrop on Twitter @FromaHarrop. She can be reached at fharrop@gmail.com. To find out more about Froma Harrop and read features by other Creators writers and cartoonists, visit the Creators Web page at www.creators.com.

Reprinted with permission from Creators.

What Does Daniel Penny's Acquittal Mean? Not What You May Think

What Does Daniel Penny's Acquittal Mean? Not What You May Think

Is Daniel Penny a Republican, a Democrat or something else? As of this writing, his political leanings remain a mystery. Republicans clearly want to adopt the white Marine veteran who strangled a threatening Black passenger on a New York City subway car. They may deny it, but the racial dynamics created a desired optic for their warm support.

And the racial dynamics surely played a part in protests by Jordan Neely's supporters — that this was a case of a white person killing a Black man who had already been subdued. After a jury dismissed manslaughter charges against Penny, they argued that had he been Black and the man kept in a long chokehold been white, the outcome would have been different.

They were wrong. We would have had a Black hero who protected a subway car of passengers from harm.

Had I been on the jury, I would have sided with the others and released Penny.

I've shared New York subway cars with hollering homeless men. The spectacle of these mentally ill individuals was always jarring, and I'd keep a watch out of the corner of my eye. At times, I considered changing cars.

But I'd never encountered a deranged passenger yelling "I'm ready to die" and "someone is going to die today" as Neely had done — and who lunged and threw garbage at riders. I was never in a situation where several people on the car simultaneously dialed 911. Two passengers joined Penny in holding Neely down, and others held the car door open at a station to await arrival of the police.

It's true that Penny could have released his chokehold once Neely seemed subdued. It's also true that in the heat of the moment, Penny may not have realized that Neely was no longer a combatant. He says he didn't intend to kill Neely, and police confirm that when they reached him, Neely still had a pulse.

One thing was obvious to all: Neely had no business being on the streets. He had been arrested dozens of times. After breaking a woman's nose in a random attack, he was offered 15 months of supportive housing and intense outpatient psychiatric treatment. After 13 days, he left the program, but the city never went after him.

Donald Trump put Penny on display at the Army-Navy Football Game, having him join the retinue of his uniquely unqualified Cabinet picks. J.D. Vance wrote on X that "New York's mob district attorney tried to ruin his (Penny's) life for having a backbone."

I'm glad Alvin Bragg followed through on a second-degree manslaughter charge after the medical examiner declared the death to be a homicide. That gave a New York jury the opportunity to look at the facts and, in this case, clear the defendant's name.

It is notable that when past Manhattan juries ruled against Trump, MAGA accused New York of being a venue hopelessly biased against the ex-president. Penny's acquitters came from the same jury pool.

Penny's lawyer said his client was not making a political statement by joining Trump and company at the football game. "If it were a president in office who was a Democrat, who invited him to the Army-Navy game as a way to show support to the military and for his country," Steven Raiser said, "he would have gladly accepted that as well."

The subway confrontation underscores the failure to separate the dangerously mentally ill from the general public. Solving the problem requires social spending, which Trump World seems determined to cut.

A New Yorker, Penny may have felt more a quandary than a lust for vigilantism. He could serve his community well by being a Democrat and running for office.

Reprinted with permission from Creators.

Why Trump Can't Repeal The Clean Energy Revolution

Why Trump Can't Repeal The Clean Energy Revolution

"Some may seek to deny or delay the clean energy revolution that's underway in America, but nobody — nobody — can reverse it. Nobody. Not when so many people, regardless of party or politics, are enjoying its benefits." Still-President Joe Biden said that on a recent visit to Brazil.

His administration's Inflation Reduction Act, for example, included $400 billion in subsidies for solar power, electric vehicles and other renewable energy technologies. Its goal is to slash carbon emissions, the main driver of climate change and the environmental chaos it unleashes.

President-elect Donald Trump has called climate change a "hoax." And drilling remains his answer for every energy question.

Never mind whether Trump or anyone else thinks climate change is real. One thing that is very real is the jobs the IRA is creating. It happens that 60 percent of these new jobs are in red states. If their Republican representatives don't want them, no problem. There are plenty of other takers.

But they apparently do want these jobs. At least 18 House Republicans have made clear to House Speaker Mike Johnson their opposition to repealing the IRA. Meanwhile, some of the big oil companies that held fundraisers for Trump have clean energy projects funded by the IRA. They also don't want the IRA canceled, at least the parts that benefit them.

Responsible world leaders regard a warming planet as a security as well as environmental threat. Melting ice glaciers and associated rising sea levels are flooding towns and cities, endangering ports, roads and other infrastructure. Higher temperatures are stoking more intense storms, heat waves, droughts and wildfires. They are wrecking ecosystems.

This is a worldwide problem demanding a worldwide solution. Under Biden, the U.S. has met a pledge to increase international climate financing this year to more than $11 billion.

Obviously, neither Trump's heart nor his brain is engaged in dealing with this threat to our future. And so where can Americans turn for leadership on this existential crisis?

They can turn to California. If it were a country, California would be the world's fifth largest economy. It's not an easy place for Trump to push around, and the Golden State cares a whole lot about climate change.

For example, Trump seems hot to end the electric vehicle tax credit. If that happens, Democratic Gov. Gavin Newsom says, California will offer its own tax rebate. And he seems to be structuring the credit so that some popular Tesla models won't qualify for it.

The governor insists that he merely wants to help other carmakers "take root" in the EV market. But another motive is to stick it to Elon Musk over the Tesla founder's California bashing and his glomming onto Trump.

On this matter, California has a good deal of muscle. About one in three EVs sold in the U.S. are sold in California. As other carmakers bring out new and less expensive EV models, California could help break Tesla's longtime dominance.

Trump says he wants to open the environmentally fragile Arctic National Wildlife Refuge to oil drilling. We'll see.

"I would be surprised if any major oil company, or even any middle oil company, submits bids," Larry Persily, publisher of the Alaska-based newspaper Wrangell Sentinel, said. "It is a high-cost, highly speculative play." And for all the whining about the price of gas, it's already below $3 a gallon in many places. You know, that supply-and-demand thing.

Biden's various legislative accomplishments have unlocked an estimated $1 trillion for green energy technologies and the factories needed to build them.

America is going ahead with the transition. Trump can't stop it. And to those who want to pass on its economic benefits, go ahead. Others will happily take your place.

Reprinted with permission from Creators.