Welcome to another Friday LinkSwarm! At least those of you not among the millions dead from the shutdown, assuming you already survived the tax cut and the end of Net Neutrality…
In December, the United States reached a staggering level of oil production, pumping some 11.6 million barrels per day. For the first time since 1973, America is now the world’s largest oil producer
Since Trump took office, the United States has increased its oil production by nearly 3 million barrels per day, largely as the result of fewer regulations, more federal leasing, and the continuing brilliance of American frackers and horizontal drillers.
It appears that there is still far more oil beneath U.S. soil than has ever been taken out. American production could even soar higher in the months ahead.
In addition, the United States remains the largest producer of natural gas and the second-greatest producer of coal. The scary old energy-related phraseology of the last half-century—”energy crisis,” “peak oil,” “oil embargo”—no longer exists.
Near-total energy self-sufficiency means the United States is no longer strategically leveraged by the Middle East, forced to pay exorbitant political prices to guarantee access to imported oil, or threatened by gasoline prices of $4 to $5 a gallon.
The American economy grew by 4.2 percent in the second quarter of 2018, and by 3.4 percent in the third quarter. American GDP is nearly $1.7 trillion larger than in January 2017, and nearly $8 trillion larger than the GDP of China. For all the talk of the Chinese juggernaut, three Chinese workers produce about 60 percent of the goods and services produced by one American worker.
In 2018, unemployment fell to a near-record peacetime low of 3.7 percent. That’s the lowest U.S. unemployment rate since 1969. Black unemployment hit an all-time low in 2018. For the first time in memory, employers are seeking out entry-level workers rather than vice versa.
The poverty rate is also near a historic low, and household income increased. There are about 8 million fewer Americans living below the poverty line than there were eight years ago. Since January 2017, more than 3 million Americans have gone off so-called food stamps.
Abroad, lots of bad things that were supposed to happen simply did not.
After withdrawing from the Paris Climate Accord, the United States exceeded the annual percentage of carbon reductions of most countries that are part of the agreement.
North Korea and the United States did not go to war. Instead, North Korea has stopped its provocative nuclear testing and its launching of ballistic missiles over the territory of its neighbors.
Despite all the Trump bluster, NATO and NAFTA did not quite implode. Rather, allies and partners agreed to renegotiate past commitments and agreements on terms more favorable to the U.S.
The United States—and increasingly most of the world—is at last addressing the systematic commercial cheating, technological appropriation, overt espionage, intellectual-property theft, cyber intrusions, and mercantilism of the Chinese government.
Read the whole thing. (Hat tip: Ace of Spades HQ.)
House Democrats are up and running, and their first bill is instructive. Couched as an anti-corruption and good-government measure, it is really an attempt to silence or obstruct political opponents.
A central part of H.R. 1 is “campaign-finance reform,” no surprise given the progressive fixation with money in politics, which oddly turns to mist when Tom Steyer or Mike Bloomberg are spending. The House bill requires some advocacy groups to publicly disclose the names of donors who give more than $10,000, even if the groups aren’t running ads that endorse candidates but merely inform voters about the issues.
The goal is to identify donors who don’t genuflect to progressive views, then bully or harass them to stop giving. Recall how the Mozilla CEO was driven out after he donated to California’s referendum opposing same-sex marriage.
(Hat tip: MQ Sullivan on Twitter.)
How long would it take for police to arrest me if they found 24 syringes, meth, cocaine, other ILLEGAL drugs and paraphernalia AND a dead body in my home?
How long b4 prominent politicians like @HillaryClinton to distance themselves?
Why wasn’t Ed Buck charged the 1st time? pic.twitter.com/rTGd48jH1C
— Bishop Talbert Swan (@TalbertSwan) January 11, 2019
Jair Bolsonaro is “far right” and the media means that as a pejorative.
Turns out he favors the private sector and wants to get rid of government owned industry.
He favors expansive gun rights as a way to combat crime and let people protect themselves. This has led to massive media backlash in the United States.
He favors conservative social policy including a rollback of the LGBT agenda in Brazil. Again, this has led to massive media backlash in the United States.
Most damning in the eyes of many in western media, he favors abandoning restrictions on private property that could threaten Amazonian forest growth, i.e. he’s bad for climate change.
The media has focused a lot on Bolsonaro talking favorably about Brazil’s American backed military dictatorship that ruthlessly exterminated communists and other dissident groups from the 1960’s into the early 1980’s. They suggest Bolsonaro might bring it back.
So far, the only thing Bolsonaro seems to be doing is keeping his campaign promises to fight corruption, roll back progressive social policies his socialist predecessor supported, and expand gun rights. But the American commentariat can do nothing but see everything through the lens of Trump and if you hate Trump, you must hate Bolsonaro apparently.
HOW ELSE AM I SUPPOSED TO CUT STRAWBERRY SLICES FOR MY CEREAL BENNY??
But seriously, we are presented with a K-Bar knife at SEAL training graduation, engraved with the name of a fallen SEAL. Never Forget. https://t.co/ZEfI4M0dw3
— Dan Crenshaw (@DanCrenshawTX) January 11, 2019
Sure, Beto may have the social media upper hand now. But just wait until Joe Biden livestreams his nipple-piercing on Twitch.
— BattleSwarm (@BattleSwarmBlog) January 10, 2019
