There may be worse choices to lead President Joe Biden’s fight against inflation – Vice President Kamala Harris immediately comes to mind.
But Brian Deese’s role in Biden’s new and belated “laser focus” on inflation is further evidence that Sleepy Joe either has no idea about politics or is not serious about one of the most serious economic problems they face. the average American.
Deese is a lunatic in charge of asylum. Its economic policies are among the main reasons we suffer from 8% inflation (hidden tax on the working class) and the markets are signaling a possible recession.
The influence is growing
Worse, he shows no signs of reversing the course as his strength grows. Finance Minister Janet Yellen is said to be late for the administration, which may have disappeared after the interim terms because it did not see the inflation threat before it was too late.
High on the list to replace her is Commerce favorite minister Gina Raimondo, and perhaps Gary Gensler, the over-ambitious and progressive chairman of the Securities and Exchange Commission, who has left-wing Senator Elizabeth Warren in her corner.
As Yellen’s situation improves, Deese, director of the president’s National Economic Council, is Biden’s man on inflation and the economy, I was told. My DC sources say Deese is the lead author of a recent article in The Wall Street Journal in which the president finally acknowledged that inflation will not go away any time soon. (Deez recently admitted this to Fox News; he declined to comment further).
Finance Minister Janet Yellen has admitted that she is wrong about how severe inflation will be – and Americans are paying the price. AP Photo / Andrew Harnik
Deese is good as a fraud or a ghostly writer for the president (he’s actually a pretty good BS on TV), but he shouldn’t be close to setting an economic policy approaching $ 25 trillion.
His summary is too saturated with the progressive policies and policies that underlie our inflation problems.
Think about it: Deez, just from Yale Law School, broke his teeth in government as a key economic adviser to Barack Obama, the president who famously used his skills as a community organizer in an attempt to transform the American economy into something he would do. Saul Alinski is proud.
Deese worked on Obama’s car rescue measures, pointing to his spokesman as super progressive in dealing with car brands.
After touring the administration’s budget and economic bureaucracy, he worked in the private sector at BlackRock to develop the progressive investment fashion known as ESG or social environmental management.
President Joe Biden’s war on oil is hurting the pump as gas prices rise. Michael Reynolds / Poole via CNP
Deeze spent three years as the global leader in sustainable investment in the $ 10 trillion asset management company, begging money managers to weed out companies that do not meet the stringent environmental standards set by progressive influencers.
ESG guidelines, for example, call on oil companies to reduce drilling and invest in windmills – with the threat that BlackRock may sell or seek a change in management.
Due to the size of BlackRock, these decrees were copied by other investment firms.
The wrath of waking up
As we all know, corporate America has chosen to adopt ESG standards instead of confronting the wrath of awakened investors.
This is one of the reasons why the United States relies so much on foreign oil for our energy needs – and why gas prices have risen even before the oil market was upset by Russia’s invasion of Ukraine.
Another reason is that after leaving BlackRock and joining the Biden White House, Deese was among those who led the implementation of these awakened corporate decrees in national fiscal and energy policy.
Biden’s unnecessary spending, the huge new regulations and the obstacles the White House has imposed on local oil production, combined with the Fed’s printing of money, have created an inflationary mess, of course.
These are not just Dees’ deeds, but it is said that he had a heavy hand in each of them.
Now that Yellen is away, his hand is getting stronger, which is why you see him so often on TV these days.
And yet, despite all his TV talk about how to fix inflation, his protections remain pretty much the same: a strong emphasis on green nonsense and fewer drillings, which have led to higher gas prices and inflation that we will all just have to suck out and live with as the economy goes through the necessary ‘transition’.
At BlackRock, Deese’s old boss, Larry Fink, rethinks his company’s ESG goals, saying such standards are too drastic to be achieved overnight.
Inflation and social unrest are inevitable without a transition to reduce the nation’s carbon footprint, which will take some time.
Good for him, but bad for the American people.
Dees did not receive Fink’s note or simply refused to read it.
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