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Biden To Join UAW Picket Line As Strike Expands, Good Luck Getting Repairs

Biden To Join UAW Picket Line As Strike Expands, Good Luck Getting Repairs

Authored by Mike Shedlock via MishTalk.com,

In a symbolic, photo-op…

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Biden To Join UAW Picket Line As Strike Expands, Good Luck Getting Repairs

Authored by Mike Shedlock via MishTalk.com,

In a symbolic, photo-op gesture to win union votes, Biden will head to Michigan for a token visit.

Biden to Walk the Picket Line

Taking Sides

CNN had some Interesting comments on Biden Talking Sides.

Jeremi Suri, a presidential historian and professor at University of Texas at Austin, said he doesn’t believe any president has ever visited a picket line during a strike.

Presidents, including Biden, have previously declined to wade into union disputes to avoid the perception of taking sides on issues where the negotiating parties are often engaged in litigation.

On September 15, the day the strike started, Biden said that the automakers “should go further to ensure record corporate profits mean record contracts for the UAW.”

Some Democratic politicians have been urging Biden to do more. California Rep. Ro Khanna on Monday told CNN’s Vanessa Yurkevich that Biden and other Democrats should join him on the picket line.

“I’d love to see the president out here,” he said, arguing the Democratic Party needs to demonstrate it’s “the party of the working class.”

UAW Announces New Strike Locations

As the strike enters a second week, UAW Announces New Strike Locations

UAW President Shawn Fain called for union members to strike at noon ET Friday at 38 General Motors and Stellantis facilities across 20 states. He said the strike call covers all of GM and Stellantis’ parts distribution facilities.

The strike call notably excludes Ford, the third member of Detroit’s Big Three, suggesting the UAW is more satisfied with the progress it has made on a new contract with that company.

General Motors plants being told to strike are in Pontiac, Belleville, Ypsilanti, Burton, Swartz Creek and Lansing, Michigan; West Chester, Ohio; Aurora, Colorado; Hudson, Wisconsin; Bolingbrook, Illinois; Reno, Nevada; Rancho Cucamonga, California; Roanoke, Texas; Martinsburg, West Virginia; Brandon, Mississippi; Charlotte, North Carolina; Memphis, Tennessee; and Lang Horne, Pennsylvania.

The Stellantis facilities going on strike are in Marysville, Center Line, Warren, Auburn Hills, Romulus and Streetsboro, Michigan; Milwaukee, Wisconsin; Plymouth, Minnesota; Commerce City, Colorado; Naperville, Illinois; Ontario, California; Beaverton, Oregon; Morrow, Georgia; Winchester, Virginia; Carrollton, Texas; Tappan, New York; and Mansfield, Massachusetts.

Contract Negotiations Are Not Close

Good Luck Getting Repairs

Party of the Working Cass, Really?

Let’s discuss the nonsensical notion that Democrats are the party of the “working class”.

Unnecessary stimulus, reckless expansion of social services, student debt cancellation, eviction moratoriums, earned income credits, immigration policy, and forcing higher prices for all, to benefit the few, are geared towards the “unworking class”.

On top of it, Biden wants to take away your gas stove, end charter schools to protect incompetent union teachers, and force you into an EV that you do not want and for which infrastructure is not in place.

All of this increases inflation across the board as do sanctions and clean energy madness.

Exploring the Working Class Idea

If you don’t work and have no income, Biden may make your healthcare cheaper. If you do work, he seeks to take your healthcare options away.

If you want to pay higher prices for cars, give up your gas stove, be forced into an EV, subsidize wind energy then pay more for electricity on top of it, you have a clear choice. If you support those efforts, by all means, please join him on the picket line for a token photo-op (not that you will be able to get within miles for the staged charade).

But if you can think at all, you understand Biden does not support the working class, he supports the unworking class.

Tyler Durden Sun, 09/24/2023 - 10:30

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France Deploys 7,000 Soldiers After Teacher Murdered; Louvre, Versailles Evacuated Over Bomb Threats

France Deploys 7,000 Soldiers After Teacher Murdered; Louvre, Versailles Evacuated Over Bomb Threats

France has deployed 7,000 soldiers to…

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France Deploys 7,000 Soldiers After Teacher Murdered; Louvre, Versailles Evacuated Over Bomb Threats

France has deployed 7,000 soldiers to beef up security after a schoolteacher was stabbed to death and three others wounded, according to France's interior minister, who said that the suspected Islamist attack was linked to the Israel-Hamas conflict.

CRS riot police arrive to cordon off an area near the Gambetta high school in Arras, northeastern France on October 13, 2023, after a teacher was killed and two other people severely wounded in a knife attack. © Denis Charlet, AFP

A 20-year-old Russian-born Chechen, Mohamed M, was arrested shortly after the Friday attack at a secondary school in the northeastern city of Arras, roughly 115 miles north of Paris. According to interior minister Gerald Darmanin, who added that authorities have detained 12 people near schools or places of worship since the Hamas attack on Israel, Sky reports.

The teacher's murder comes nearly three years to the day after a Chechen Muslim beheaded a French teacher on Oct. 16, 2020, near his school in a Paris suburb.

"Three years after the assassination of Samuel Paty, terrorism has struck a school again and in a context that we all know," said French President Emmanuel Macron.

Of note, France has banned all pro-Palestinian protests. Despite this, hundreds of demonstrators gathered in central Paris on Thursday.

"Pro-Palestinian demonstrations must be prohibited because they are likely to generate disturbances to the public order," said Darmanin, who called on police to protect all locations visited by French Jews, such as synagogues and schools, and that any foreigner committing acts of anti-Semitism on French soil will be "immediately expelled."

Meanwhile, the Lourve and the Palace of Versailles were both evacuated over bomb threats.

Alarms rang out through the Louvre, a vast space also in a former royal palace Paris overlooking the Seine River, when the evacuation was announced, and in the underground shopping center beneath its signature pyramid.

Police cordoned off the monument from all sides, and the underground access, as tourists and other visitors streamed out. Videos posted online showed people leaving, some hurriedly and some stopping to take photos, others apparently confused about what was happening. -AP

The Lourve welcomes some 30,000 - 40,000 visitors per day.

Tyler Durden Sat, 10/14/2023 - 12:15

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New York Refuses To Give More Money For Offshore Wind Projects As Cheap “Green” Myth Implodes

New York Refuses To Give More Money For Offshore Wind Projects As Cheap "Green" Myth Implodes

By Irina Slav of OilPrice.com,

The New York…

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New York Refuses To Give More Money For Offshore Wind Projects As Cheap "Green" Myth Implodes

By Irina Slav of OilPrice.com,

The New York state authorities have rejected a request by Orsted, BP, and Equinor for raising the price of electricity in future power purchase contracts featuring offshore wind energy.

Offshore wind developers have been pressured by rising raw material and component costs, and higher borrowing costs, which has cast doubt over the viability of many projects. Indeed, Reuters reported that some projects planned for the waters off the coast of New York may need to be reconsidered in light of the authorities’ decision.

"Sunrise Wind's viability and therefore ability to be constructed are extremely challenged without this adjustment," Orsted told Reuters.

Sunrise Wind is an offshore project with a planned capacity of 924 MW that could supply electricity to 600,000 households. According to Orsted, it would also involve several hundred million dollars in investments in the state and 800 jobs.

"These projects must be financially sustainable to proceed," the president of Equinor Renewables Americas told Reuters, referring to the offshore wind projects the Norwegian energy major is leading in the U.S.

Per Reuters, Equinor is involved in three projects with BP—the 816 MW Empire Wind 1 and the 1.26 GW Empire Wind 2, as well as the Beacon Wind farm, with a projected capacity of 1.23 GW.

Indeed, rising costs have compromised the financial sustainability of many wind power projects and earlier this year led to the cancellation of a large-scale one off the coast of the UK.

Swedish Vattenfall, which led the Norfolk Boreas project, said it would quit it after it saw costs rise by 40%, which made the project unviable.

To tackle the rising cost problem, wind developers have turned to governments, asking for additional tax incentives and higher electricity prices, busting the myth of cheap wind power.

The New York Public Service Commission said that if they had agreed to do what the wind developers wanted, that would have added 6.7% to New Yorkers’ electricity bills, which are already among the highest in the State.

Tyler Durden Sat, 10/14/2023 - 10:30

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Russia Denies Talks Of A Gas Cartel

Russia Denies Talks Of A Gas Cartel

By Michael Kern of OilPrice.com

There are no plans for the creation of a natural gas cartel similar to…

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Russia Denies Talks Of A Gas Cartel

By Michael Kern of OilPrice.com

There are no plans for the creation of a natural gas cartel similar to the OPEC cartel in crude oil, Russia’s Deputy Prime Minister Alexander Novak said on Friday. 

“There are no discussions to set up a (gas) cartel,” Novak told RT Arabic TV as quoted by Reuters

The Gas Exporting Countries Forum (GECF) is an organization of gas producers and exporters but it is not coordinating supply to the market the way OPEC does. Russia is a member of the GECF and its top energy official Novak said in the televised interview that the gas organization was “mostly about exchanging views.”  

Since the Russian invasion of Ukraine and the halt of most of Russian pipeline gas supplies to Europe, the EU has turned to LNG imports and increased deliveries via offshore pipelines from Norway and North Africa to replace the Russian supply, which accounted for around one-third of all European gas imports before the war in Ukraine. 

The EU aims to ditch Russian gas by 2027. 

Having lost the European market, Russia has raised pipeline exports to China and its global LNG exports, which are neither sanctioned nor too shunned in gas-starved Europe. 

This year, the exports of Russian gas giant Gazprom to Europe have slumped and dragged its profits down. Gazprom has reported a massive drop in its first-half net profit as deliveries to Europe plunged compared to the same period in 2022 when Russia was still supplying pipeline gas to its European customers.  

The major drop in Gazprom’s gas deliveries to key customers was due to the halt of Russian pipeline gas exports to nearly all European countries.

Gazprom started to reduce supply via the Nord Stream pipeline to Germany in June 2022, claiming an inability to service gas turbine maintenance outside Russia due to the Western sanctions against Moscow for the invasion of Ukraine. This was weeks before the sabotage of the Nord Stream pipelines at the end of September 2022, which definitively closed all pipeline gas routes of Russia’s gas to Germany. 

Tyler Durden Sat, 10/14/2023 - 09:20

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