It averaged nearly 10% under Joe Biden, so there's that, but prices are still rising off that!
Friday, October 24, 2025
I hope you didn't leave the lights on at home, because the electricity will cost you 38% more in September 2025 than it did under Trump I
Electricity averaged $0.136 per kWh under Trump I.
And that stop for gasoline on the way to work is going to cost you 34% more than under Trump I
Gasoline used to average $2.49 per gallon under Trump I.
Under Trump II in September 2025 it's $3.34, 34% more.
Don't forget to turn down the thermostat before you leave for work after your 66% more expensive Trump breakfast
Piped utility gas used to average $1.04 per therm under Trump I.
Under Trump II it's $1.61 in September 2025, 55% more.
Can you afford even to wake up to Trump?
Coffee hits new all time high in September 2025 of $9.14 per pound, 111% higher than it used to be.
Coffee averaged $4.33 per pound under Trump I.
Thursday, October 23, 2025
National Debt hits $38 trillion
Nov 21, 2024: $36.034T
July 4, 2025 ONE BIG UGLY BILL
Aug 11, 2025: $37.004 T
Oct 21, 2025: $38.019 T
Obamacare's chickens have come home to roost!
David Dayen should have entitled this The Planned Failure of Obamacare Is Now Upon Us.
The Health Insurance Cost Crisis Is Now Upon Us
... We should be clear that this premium apocalypse is a function of returning Obamacare subsidies to where they were in the original version of the law. That was poorly designed to target the middle class with bearing the bloat in the health care system, and no work was done on basic health plans or other public options at the state level. (A federal public option was stripped from the legislation by the threat of that exemplary moderate, Connecticut Sen. Joe Lieberman, to withhold his support unless it was dropped.) Now, Democrats are effectively warning that a return to their original vision of Obamacare spells doom. (And what we’re really talking about is how much the government should send to private insurance companies, a horribly inefficient way of ensuring health for American citizens.) ... The ACA was seen as a “starter home” that could be built on, and Democrats built on it. It’s Republican neglect that is taking the wrecking ball to it, with all the political fallout on their backs. ...
Yes, Obamacare was the enemy of the middle class, making it "bear the bloat". Communists have always hated the middle class because the middle class stands in the way of the revolution. Obamacare was designed this way on purpose, by Democrats and Obama who were the communists we always said they were. Senator Max Baucus rightly called it what it was, income redistribution.
Premiums have steadily risen along with deductibles, to the point that everyone pays their premium, then pays out of pocket, no one ever reaches their deductible, and the plan never pays anything. Most people never reap any benefit under Obamacare. Now premiums will explode without the subsidies, making dropping it more attractive than ever.
And No, Republicans had no duty to "build" on Obamacare. It was rammed down their throats in the first place. No Republicans ever voted for this goddamn commie boondoggle.
The best thing which could happen right now is for the millions imprisoned in this system to opt out of it and let Obamacare implode. That would force the Congress back into the corner it was in in 2009.
Not one more penny should be spent to prop up this system which benefits only the insurance companies. Can you say Luigi Mangione?
Obamacare should be repealed, and nothing done to replace it. It would be painful, but it is the only way.
In the aftermath, someone will start to sell real insurance again out of the ashes, and the current greedy bastards of the insurance industry will scramble to follow them as they lose business and market share. That, the capitalist option, is the only public option which makes any sense, but currently that is against the law.
Just repeal it.
Wednesday, October 22, 2025
The presidency is reduced to a mere product under Trump
GOP senators have lunch with the president at The White House and leave with swag.
One nutball era takes over where one left off: Trump's big ugly bill had no money in it to replenish the Strategic Oil Reserve gutted by Joe Biden, at a time when WTI is half the price it was in 2022
US seeks 1 million barrels of oil for Strategic Petroleum Reserve
... The
previous administration of former President Joe Biden sold record
amounts of oil from the SPR, including a 180-million-barrel sale after
Russia, one of the world's top oil producers, invaded Ukraine in 2022.
The reserve, which has about a 700-million-barrel capacity, is now
holding nearly 409 million barrels. ...
Trump's tax and spending bill included about $171 million for the SPR oil purchases and maintenance, much less
than the $1.3 billion that had originally been in the legislation.
Buying more oil for the SPR will likely require the passage of new
legislation. ...
Buying a million barrels is a drop in the bucket. Maintenance costs are eating up most of the $171 million. Joe Biden reduced the reserve by 244 million barrels during his tenure.
A reserve of 600 million barrels would run the country for only 30 days in a real emergency, max.
We are governed by imbeciles, who think we currently have about 50 national emergencies.
Tuesday, October 21, 2025
Gold and silver sell off after gold scaled an all-time peak of $4,381.21 on Monday
... Spot gold was down 5.5% to a one-week low of $4,115.26 per ounce as of 01:45 a.m. EDT (1745 GMT), its steepest fall since August 2020. ... Spot silver dropped 7.6% to $48.49 per ounce. ...
Story here.
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