Larry Kudlow: Another series of utterly irresponsible and unserious statements by the far-left progressives

I want to spend a few moments talking about some of these left progressive Those who live in Congress and the most sorry thing for the country have a long tail that is wagging the dog of the entire Democratic Party, which does not mean disrespect for dogs.

First of all it is Rashida Tlaib person. She is a member of the House Financial Services Committee who once asked who Ben Bernanke was. Yesterday, he demonstrated his financial prowess with this exchange. listen and cry:

summoned: “Yes or no, does your bank have a policy against financing new oil and gas products? Mr. Dimon?”

Daemon: Absolutely not and that would be the road to hell for America

summoned: “Yeah, that’s fine. Sir, you know what, everyone who is getting relief from student loans [who] You have a bank account with your bank, maybe they should take it out and close it.”

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Now, first up, Jamie Dimon Deserves the Nobel Prize in Economics and, by the way, in addition to this inconvenient truth answer, he later said that with an insecure global energy supply, natural gas investing is the best clean-burning approach for years to come. He also said the huge student loan cancellation plan was a bad idea. He also spoke later about the need for economic development policies across the board on taxes and regulations and other areas. Like I said, give him the Nobel Prize in Economics.

Back to Talib – let’s not let a bunch of completely silly statements go to waste. What she’s basically doing here is calling for a run on the bank. This is during a period when the Fed is rushing to tighten money and a potential financial crisis is out, but because Jamie Dimon didn’t agree to a student loan bailout to get rich and rescue fossil fuels, he doesn’t care. Let’s bring down a big bank. No problem. Mind you, he is on the Financial Services Committee. Fortunately, our banks are very well capitalized right now and will withstand any monetary storm.

Then, there is the issue of bank lenders providing loans to our fossil fuel industry. There has been so much pressure to stop debt from the waking climate rush. Well wait a minute. In California, we won’t have any gas-powered cars in 10 years, but if you have an EV now, you’re not allowed to recharge the battery. Why so? Because there is not enough electricity. Why so? Because they are discontinuing fossil fuels, especially natural gas, but have stayed. Rashida Tlaib wants banks to do far-right bidding by stopping loans to natural gas producers. correct?

I think you have to be a certain type of person, a certain kind of quirky mind to understand this or, shall I suggest, these are all very silly ideas. Here’s another dumb idea: Inside the Biden administration, all these agencies and departments are basically setting up ESG jars to wake up the entire federal government with these crazy ideas of net-zero carbon, which is accurate. Does Congress law or appropriation determine that every federal agency must have an ESG czar? I am not aware of any investment.

I remember the jar of misinformation at DHS, but they turned around amid heavy criticism and threats to defame the entire department. These ESG divisions are growing like terrible weeds in the Biden world. Somebody must knock them down. Republicans should give them a call on this, but back to Ms. Tlaib. I’m not done with him at all. He said this in a conference a few days ago, listen:

“I want you all to know that it has become clear among progressive people that you cannot claim to hold progressive values, yet take back Israel’s apartheid government, and we will support this idea.” Will continue to push back and not accept the idea that you are progressive, except Philistines any longer.”

Israel? apartheid? Really?

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Do you know how many Arabs live in Israel? The answer is many, a large part of the population. Oh and, by the way, Israel is one of the greatest democracies in the world and at the same time, Rashida Tlaib is a first-order anti-Semitism. So much for progressive ideas among progressives in the Democratic Party. Let’s eliminate fossils, end power, promote a run on the edge and hate Israel, which, by the way, is probably our most staunch ally in the whole world.

Wait one more moment. Speaking of progressives, here’s the AOC on children, immigration, the wealthy, and capitalism. It’s a beauty. Hear this and cry:

“There are some countries that are really struggling because young people, burdened by capitalism and living in a society that is increasingly concentrating wealth among the rich, don’t have children, or our There are no children near the rate and we really need the immigrant population to help balance things out.”

So let me get this right. Too many wealthy people are being born under the burden of capitalism. Well, yes and, by the way, capitalism produces tremendous prosperity for all people: middle class, blue-collar workers, minorities. That’s what we learned after the Trump tax cut or after the Reagan tax cut or after the JFK tax cut. Factoids a rising tide raises all boats when you offer opportunities for everyone, but it gets even better with the AOC, because it wants – wait for it – to fill the so-called population gap. more illegal immigrants.

Hold on We are heading towards 3 million illegals this year, maybe even more. How many more can this country take – a year with all the drugs, and sex trafficking and inhumane conditions?

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US Representative Alexandria Ocasio-Cortez (D-NY) attends a press conference urging the inclusion of the Civilian Climate Corps, a climate employment program, in the budget reconciliation bill, outside the US Capitol on July 20, 2021 in Washington . DC. (Photo (Photo by Kevin Diets/Getty Images/Getty Images)

Or maybe the AOC actually believes Joe Biden when it says the border is closed, in which case it would want to open it? There are very few people outside the White House who actually believe in this distorted argument, but it is actually just another series of completely irresponsible and irresponsible statements by far-left progressives in the Democratic Party.

These are not serious people. These people are not on America’s side, but they are the people who are running it Democratic Party Now and so I pray that the cavalry is coming.

This article is adapted from Larry Kudlow’s opening remarks on the September 22, 2022 edition of “Kudlow.”

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