Post New Article

All Stock Market Gains Erased Since Biden
Took Office

Original Article

Posted By: Beardo, 6/14/2022 12:04:52 AM

The stock market has lost all the gains it made since President Joe Biden was sworn into office, according to recent data reported by Fortune on Monday. The S&P 500 took a sharp downturn, closing on Monday 151 points below where it was in January of 2021. The other two major indexes, the Dow Jones Industrial Average and Nasdaq Composite fell by 876 points and 530 points respectively, both below where they were when Biden took office. Cryptocurrency has also taken a hit. Bitcoin lost 15% of its value, and Ethereum lost 16%, according to Fortune.

Post Reply

Reply 1 - Posted by: texaspast 6/14/2022 12:34:16 AM (No. 1185096)
I'm 67 and still working. I thought I had planned well enough for a decent retirement, given the limitations I was under. It now appears I will work until I die. I see these 80+ y/o men sacking groceries at our local supermarket. I anticipate I may be one of them some day. Thanks, dems.
59 people like this.

Reply 2 - Posted by: Ribicon 6/14/2022 12:36:46 AM (No. 1185097)
You will own nothing and you'll like it. We'll own everything and we'll like that even more, especially when we reduce you peasants to eating bugs and freezing in the dark. People are OK with this because it's necessary to Save the Planet.
42 people like this.

Reply 3 - Posted by: bobn.t 6/14/2022 1:26:02 AM (No. 1185115)
And jut think, JoeBama inherited an economic mess, an international mess,. Whhat more needs to be said. "Oh, Joe, you're a pathetic loser."
22 people like this.

Reply 4 - Posted by: ussjimmycarter 6/14/2022 1:39:26 AM (No. 1185123)
Pulled every cent we have out of the markets when Brandon was elected! Investment firm said I was crazy to move to cash! Ha!
35 people like this.

Reply 5 - Posted by: WimeTarmerFable 6/14/2022 6:41:11 AM (No. 1185191)
My deferred comp is now worth less than the contributions I put in. Yes, FJB/LGB, take your pick.
22 people like this.

Reply 6 - Posted by: privateer 6/14/2022 6:57:52 AM (No. 1185202)
Once Global Communism took over the Democrat party, this was inevitable. Joey's a mere puppet, Balack Osama is the executioner, and POSoros is the financier. We're seeing the culmination of a decades-long march through the institutions.
31 people like this.

Reply 7 - Posted by: czechlist 6/14/2022 7:33:41 AM (No. 1185221)
Kruschev told us in the '60s - "we will bury you" he knew the West would eventually succumb to the decadence freedom allows.
29 people like this.

Reply 8 - Posted by: Strike3 6/14/2022 7:41:02 AM (No. 1185228)
All it takes to keep both freedom and prosperity is a little common sense and a concern for the American people. The dimwits chose a president who has neither and is also lacking a brain.
23 people like this.

Reply 9 - Posted by: skacmar 6/14/2022 7:46:00 AM (No. 1185232)
As of yesterday my financial accounts have dropped to less than half of what they were under Trump. They are worth less than what I put in. It was a fairly substantial amount of money earned over 40 years of working. Now the question is do I sell and take losses to save what I still have, or sit it out hoping the Democrats & Biden will be removed from power and financial sanity restored and the markets flourish again?
29 people like this.

Reply 10 - Posted by: BaldGuy 6/14/2022 7:48:35 AM (No. 1185236)
#1...I'm in the same position you are, still working but my job is not too difficult. Got out of the market a few months ago and went all cash....I'm thinking after the midterms, if we get a super-majority, the market may rally back up and I'll get back in....could use a couple more years of good gains before retiring, but not betting on it....good luck!
23 people like this.

Reply 11 - Posted by: skacmar 6/14/2022 7:54:00 AM (No. 1185244)
People forget that the financial market declines are having devastating effects on anyone with a 401k retirement fund, pension, investment accounts, savings, or anything else having to do with saving for the future. Whether you are rich or poor, the Biden economy has had devastating effects on your personal wealth and savings. They have basically stolen your future.
34 people like this.

Reply 12 - Posted by: Dodge Boy 6/14/2022 8:38:27 AM (No. 1185298)
The loss of market gains since biden the cheater took office is just the beginning. America's and the world's debt-based governments and financial systems are hemorrhaging money lots of money - rapidly. As you can see, inflation has reared its ugly head and will be here for a long time. The central banks will try to keep fiat currencies like the dollar alive for a while longer. Meanwhile, the stock markets losses seen over the past year and a half is just the beginning of the market bubble bursting. While I really don't want it to be true, much more serious market losses are in store in the near future. All eyes should be on your 401k plans and retirement investments. Protect these at all cost. And get out of debt asap. Sorry for the pessimism, just being realistic. I weep for our people who won't be able own anything and will be conditioned to think they are happy.
17 people like this.

Reply 13 - Posted by: bigfatslob 6/14/2022 8:39:12 AM (No. 1185300)
When a person who is in their late forties, fifties or sixties there are cycles that you can recover from not later than seventy and eighty unless you live to be over a hundred. I cleared everything out including my wife's 401-K when Obama was elected. Went to Bank of the stuffed mattress keeping a low balance in our joint accounts for SS direct deposits with barely a thousand in a savings account. I always thought the government with the IRS would get big eyes one day looking in peoples savings accounts and here we are. The future is not certain for anyone except the extremely rich right now. With medical problems getting a job to earn extra cash now is out of the question no doubt gas and food prices can sink us even living like a stone age cave couple. FJB along with this fraud cabal of nitwits running this pathetic government.
18 people like this.

Reply 14 - Posted by: Speedypetey 6/14/2022 8:46:45 AM (No. 1185311)
President Trump had real job and wage growth ahead of inflation for the first time in decades. The population across all demographics were moving up from food service and hospitality to careers in manufacturing. Then China and maybe the NIH released the virus and there was a wealth redistribution, I saw an article that $34 billion went to the oligarchs but more troubling was the constant diet of government subsidy as people were locked down, except Amazon workers and other wealthy campaign contributing companies. Now we have a complete reversal where the lower and middle class have less and less. And the oligarchs, and foreign enemies that do not want self sufficiency, will continue their stranglehold on the political elites the public educated ignorant population keep allowing, through votes and vote manipulation, to serve their elite lifestyles.
16 people like this.

Reply 15 - Posted by: Old Army Vet 6/14/2022 8:49:50 AM (No. 1185319)
I'm not surprised at anything that this moronic administration has done to the markets in this country. I believe that it is intentional. Xiden, Pelosi, Upchuck Schumer are the problem. We the People are the cure.
17 people like this.

Reply 16 - Posted by: Rumblehog 6/14/2022 9:28:51 AM (No. 1185361)
Never forget what the Globalist Elite meeting in Davos have said that the U.S. will cease to be the world superpower by the year 2030. Go here and skip to about 32:00 into the show: Here's some tripe from one of Klaus Schwab's minions published in the once great, capitalist, Forbes magazine: And you think it can't happen here?
9 people like this.

Reply 17 - Posted by: Zigrid 6/14/2022 10:52:32 AM (No. 1185478)
Easy does it folks...soon the republicans will be in charge again...and then it's "happy times are here again"...falling stock prices and schumer threatening Supreme Court judges will be a thing of the past...and nervous Nancy can go to her mansion in California to wait for for her trial before God...
8 people like this.

Reply 18 - Posted by: PrayerWarrior 6/14/2022 10:58:51 AM (No. 1185487)
For many years we saw and felt spiritually what was happening in CA, but little did we know that would happen nationally...illegal aliens swamping the CA system, Commies in control politically, freedoms limited, high taxes, hostile to Christianity, high cost of living...So we sold our house in Santa Rosa, CA and bought a house, mortgage free in Idaho. Problem is that tens of thousands of escapee Californians did the same and came here to SW Idaho. Farm lands have been turned into many subdivisions. So based on what we've experienced, we recommend if possible, pay off all credit debt (mortgage too), stock up on (food, etc.)essentials, so when this comes crashing down, you will be in a position to survive.
9 people like this.

Reply 19 - Posted by: TLCary 6/14/2022 11:14:31 AM (No. 1185506)
Their goal is to erase all stock market gains since TRUMP took office. They are well on their way. They have already started the remedial Peasant re-education operation. In time we will all understand how inflation, soaring gas prices, and a stock market crash is good for us... like kale, tofu, and public transportation.
6 people like this.

Reply 20 - Posted by: snowoutlaw 6/14/2022 11:23:25 AM (No. 1185522)
#4 Me too. My 401k isn't doing all that bad. I had loaded up with stocks at the bottom on 3/15/2020 but then sold a lot of the stock funds in the days after the election and then more a few months later after stocks had continued hitting all time highs. Soon maybe around November I hope to see a buying opportunity, but before that the markets may go down another 20-30%.
6 people like this.

Reply 21 - Posted by: Jethro bo 6/14/2022 12:29:47 PM (No. 1185607)
What took years to accumulate, Diaper Joe wiped out in two days. All I can say is my retirement is still better to day then it was when I was born but not as good as it was the first day I got a paycheck (age 12).
5 people like this.

Reply 22 - Posted by: RedWhite&Blue2 6/14/2022 4:48:05 PM (No. 1185801)
And its all them. Anyone for a revolt yet?
5 people like this.

Below, you will find ...
Most Recent Articles posted by "Beardo"
Most Active Articles (last 48 hours)
Most Recent Articles posted by Beardo"
How Ben & Jerry’s plans on getting their
cows to stop farting, burping
21 replies
Posted by Beardo 6/15/2022 9:53:18 PM Post Reply
Ben & Jerry’s wants its cows to stop belching and releasing other gases in order to save the environment. The Vermont-based ice cream maker said that it plans on changing the bovine diet on 15 of its farms in order to reduce greenhouse gas emissions. (snip) The company wants to suppress the burps by feeding the animals a “cow-tested, cow-approved meal plan” which “includes a high-quality forage diet and innovative feed additives that reduce the generation of methane as cows digest their food.” Ben & Jerry’s also wants to reduce emissions by applying “methane reduction technology” to the approximately 80 pounds of manure that cows produce on a daily basis.
Colts' Khari Willis, 26, retires to 'pursue
the holy call that God has for my life'
6 replies
Posted by Beardo 6/15/2022 8:58:02 PM Post Reply
Indianapolis Colts safety Khari Willis was going into his fourth season in the NFL until he decided to answer to a higher calling. Willis, 26, announced his retirement on Wednesday, revealing he was going into the ministry. (snip) "With much prayer and deliberation, I have elected to officially retire from the NFL as I endeavor to devote the remainder of my life to the further advancement of the Gospel of Jesus Christ. I thank all of my family, friends and those who have supported me on this journey thus far and I look forward to your continued support through the next phase of my life.
There Is One Pro-Women Camp In American
Politics, And It’s The Right
0 replies
Posted by Beardo 6/15/2022 6:12:08 PM Post Reply
For decades, Democrats have ridden out the interest of third-wave feminism’s propaganda campaign, taking for granted that most women voters see them as the party of female empowerment. For as many decades, plenty of American women have let them. Even at the height of the feminist movement, the lies that women must become like men to be real women were damaging — but now, all pretenses are up. Every major political platform of the left is unabashedly antithetical to the protection, celebration, and dignity of womanhood. Women have one political camp on their side today, and it’s the right.
REAL FEMINIST: Telling the Story of How
Abortion Affected My Family
2 replies
Posted by Beardo 6/15/2022 6:02:49 PM Post Reply
One thing that, until recently, the left has done very well is use storytelling as a way to connect with people and persuade them to their side. They’re still scarily effective using that technique, but as their stories have become more and more wacky, their stories are not resonating with regular Americans. Regular Americans are looking somewhere, anywhere, for even a smidgen of sanity and goodness — something they can identify and get on board with. We have an incredible opportunity to share our personal stories with our friends and neighbors and even with total strangers when discussing the tough issues facing our society and our country,
Los Angeles DA George Gascon recall group
says it has collected required signatures
to put matter on ballot
4 replies
Posted by Beardo 6/15/2022 3:00:01 PM Post Reply
The group working to recall Los Angeles County District Attorney George Gascon said it has collected the necessary number of signatures required to put the matter before voters. The Recall George Gascon campaign told Fox News it received over 30,000 petitions over the past few days in an effort to gather the 567,857 needed by July 6. The group said it hit the target Wednesday but is working toward collecting 650,000 signatures as some will likely be deemed invalid by the Los Angeles County officials. "Simply clearing the required threshold is not enough – we must build the necessary cushion for signatures that are inevitably invalidated," a campaign statement said.
BREAKING UPDATE: Republican Mayra Flores
Wins Big in Texas 34th Congressional District
Special Election
5 replies
Posted by Beardo 6/14/2022 11:40:45 PM Post Reply
Update: Republican Mayra Flores wins big – FLIPS TEXAS SEAT RED!! AP called the race for Flores. (snip) Republicans spent big to sweep a special election in Texas’ 34th Congressional District. Joe Biden won this district in 2020 by less than 5 points. A GOP win could mean a massive red wave is on the horizon. The seat “ranges from east of San Antonio down to Brownsville, largely along the Gulf Coast before reaching the US-Mexico border,” CNN reported. Democrat Rep. Filemon Vela resigned earlier this spring and the Republicans are fighting to take the seat, although it will be gone this fall due to redistricting.
Authentic Feminism is Pro-Life. Just Ask
Susan B. Anthony | Opinion
3 replies
Posted by Beardo 6/14/2022 11:20:54 PM Post Reply
The pro-life movement stands at the threshold of a new era. If the draft opinion in the Dobbs case holds, Americans will have a new debate on abortion policy with the potential to save millions of lives. I hope it also sparks a rebirth of authentic feminism. As the leader of a pro-life organization that honors the legacy of Susan B. Anthony and the pioneers of women's rights, I am often asked how we know those remarkable women were pro-life. To start, Anthony's Quaker ethic was grounded in nonviolence and the equality of men and women.
The Fed Created the Next Recession | Opinion 7 replies
Posted by Beardo 6/14/2022 11:10:22 PM Post Reply
The long-term driver of inflation, and the reason we have so much inflation, is the fact that we printed six and a half trillion dollars in 48 months and grew the money supply by 40%. That is simply what's driving all of this, and all of the other things are just sort of add-ons to the supply chain. Is Russia's invasion of Ukraine driving some of it? Yes. Is that the main driver? No. The longer-term structural issue is the fact that we grew the money supply by six and a half trillion dollars. That's what's driving inflation at the end of the day.
GOP Rep. Tom Rice, Who Voted to Impeach
Trump, Loses to Trump-Backed Challenger
13 replies
Posted by Beardo 6/14/2022 10:51:53 PM Post Reply
Rep. Tom Rice (R-SC), who voted to impeach former President Donald Trump last year, will lose his primary to a Trump-backed challenger. State Rep. Russell Fry won the race in a relative blowout as one of six candidates who were vying to unseat Rice. Decision Desk HQ called the race at 10:37 ET. (snip) Rice was among only 10 House Republicans who voted to impeach the former president after the Jan. 6 Capitol attack. Trump said of Rice, “He lifted up his hand and that was the end of his political career — or we hope it was.”
Sen. Warnock omits key details on brother's
past conviction he blames on 'pandemic
of racism'
10 replies
Posted by Beardo 6/14/2022 3:33:36 PM Post Reply
Democratic Sen. Raphael Warnock, who repeatedly points to the "pandemic of racism" when speaking of his brother’s life sentence, conveniently has been leaving out details that his brother was a corrupt police officer convicted of facilitating a cross-country drug trafficking operation, a report says. (snip) But in public statements, especially since the killing of George Floyd in May 2020, Warnock has left out the detail that his brother served in law enforcement in claiming Coleman was a "first-time" and "nonviolent" drug offender sentenced to life in prison because of the "pandemic of racism."
EXCLUSIVE: House Republicans Introduce
Bill That Would Kill The No-Fly Zones
Over Disneyland, Disney World
6 replies
Posted by Beardo 6/14/2022 12:12:06 AM Post Reply
Republican Texas Rep. Troy Nehls introduced legislation Monday that would direct the Secretary of Transportation to rescind the two no-fly zones over Disneyland and Disney World. The Daily Caller first obtained the legislation titled the Airlines Independent of Restrictions Act (AIR) Act, which calls on Department of Transportation (DOT) Secretary Pete Buttigieg to remove the Notices to Airmen (NOTAM’s) over Disneyland and Disney World. The bill has five cosponsors. In early May, Nehls also sent a letter to Buttigieg, with his office telling the Caller that Disney is “the only theme park that benefits from the restriction
All Stock Market Gains Erased Since Biden
Took Office
22 replies
Posted by Beardo 6/14/2022 12:04:52 AM Post Reply
The stock market has lost all the gains it made since President Joe Biden was sworn into office, according to recent data reported by Fortune on Monday. The S&P 500 took a sharp downturn, closing on Monday 151 points below where it was in January of 2021. The other two major indexes, the Dow Jones Industrial Average and Nasdaq Composite fell by 876 points and 530 points respectively, both below where they were when Biden took office. Cryptocurrency has also taken a hit. Bitcoin lost 15% of its value, and Ethereum lost 16%, according to Fortune.
Most Active Articles (last 48 hours)
John Kerry: We Don't Need to Drill More
for Oil and Gas
43 replies
Posted by ladydawgfan 6/15/2022 3:55:08 AM Post Reply
John Kerry, who is the U.S. special presidential envoy for climate, stated at a recent event at the University of Southern California that the country does not need to put more effort into drilling for oil and gas as energy costs continue to rise. The most obvious sign of the increase in energy costs has been at gas stations, where the national average now stands at $5.01 per gallon, but utility bills are also expected to increase this summer. Republicans in Congress have called for more domestic production to increase the supply of oil in order to reduce the cost.
Dr. Fauci tests positive for COVID-19 39 replies
Posted by ladydawgfan 6/15/2022 3:46:25 PM Post Reply
Dr. Anthony Fauci, the nation’s leading infectious disease expert, tested positive for COVID-19 Wednesday. Fauci tested positive on a rapid antigen test and was “experiencing mild symptoms,” the National Institutes of Health said in a statement. The NIH noted that Fauci was fully vaccinated and has received two booster shots. “Dr. Fauci will isolate and continue to work from his home. He has not recently been in close contact with President Biden or other senior government officials,” the NIH said.
The second home and staycation hotspots
that could be swallowed by the sea in
just THIRTY years: Map reveals nearly
200,000 coastal homes that could be underwater
by the 2050s
37 replies
Posted by Imright 6/15/2022 9:21:07 AM Post Reply
Nearly 200,000 homes and businesses in England are at risk of being lost to rising sea levels by the 2050s, a new study has warned. Researchers said the country could face around 14 inches (35cm) of sea level rise compared to historic levels within 30 years and is nearly certain to see close to 3ft (1m) of advancement by the end of the century. It comes a week after the official in charge of Britain's flood protection said some of Britain's seaside towns and villages may have to be abandoned because of rising seas and coastal erosion. The new study also cautioned that it may not be possible to protect some communities,
‘Squad’ Rep. Bowman predicts ‘civil
war’ if GOP takes control in midterms
33 replies
Posted by ladydawgfan 6/16/2022 12:46:02 AM Post Reply
Progressive Democratic Rep. Jamaal Bowman warned of a stark outcome if Republicans take back power in the November midterm elections — one that would “embolden” far-right extremists and white nationalists who he claims “have been pushing” for “civil war.” During a Saturday interview with MSNBC’s “The Cross Connection with Tiffany Cross,” the Bronx-Westchester member of the congressional “Squad” led by socialist darling Rep. Alexandria Ocasio-Cortez (D-NY) claimed Republicans will quickly take action to halt Democratic progress in the investigation into the Jan. 6 Capitol riot, saying the House select committee’s findings would be “completely suppressed.” Bowman also claimed the GOP would “impeach President Biden as quickly as possible
Senator Ted Cruz Confronts FBI Official
Point Blank About Feds’ Role in January
6 — Her Response is Chilling
33 replies
Posted by Imright 6/15/2022 10:39:02 AM Post Reply
As the national media turns its attention to the partisan January 6 committee hearings amid rising energy costs, soaring inflation, and the risk of war overseas, it behooves us to bear in mind there are questions that the Democratic Party and the FBI refuse to answer about the Capitol Riots. Senator Ted Cruz (R-TX) in scathing cross-examination of the FBI’s Executive Assistant Director Jill Sanborn on January 11th asked her about the Feds’ involvement in the Capitol building events. Her responses were downright chilling to watch: (Video)
Rep. Maxine Waters Reveals Positive COVID-19
Diagnosis Days After Attending Summit
of the Americas
32 replies
Posted by earlybird 6/15/2022 10:28:15 AM Post Reply
Rep. Maxine Waters is the latest politician to test positive for coronavirus days after the Summit of the Americas conference last week. One day after Canadian Prime Minister Justin Trudeau announced he tested positive for COVID-19, Waters, 83, said in a statement that she tested positive for the virus for a second time. "Yesterday, after learning of a potential exposure at the Summit of the Americas in Los Angeles, I was notified that I tested positive (snip) Trudeau, 50, also attended the Summit of the Americas, where he met on Thursday with President Joe Biden, (snip)U.S. Department of Health and Human Services Secretary Xavier Becerra additionally tested
Biden threatens oil companies with 'emergency
powers' if they don't increase supply:
Slams their 'historically high profit
margins' while families see gas prices
hit record highs above $5 per gallon
31 replies
Posted by Imright 6/15/2022 5:09:39 PM Post Reply
Joe Biden is calling on seven of the top oil companies to do something to help quell surging gas prices after accusing them of intentionally exacerbating the strain on Americans' pocketbooks after the average price per gallon surpassed $5.00. The president is sending letters Wednesday to Marathon Petroleum Corp., Valero Energy Corp., ExxonMobil, Phillips 66, Chevron, BP, and Shell to demand action on lowering gas prices at the corporate level and account for the surge. In a letter to Exxon obtained by Axios, Biden wrote that the difference 'of more than 15% at the pump is the result of the historically high profit margins
Abortion Group Declares ‘Open Season’
on Pro-Lifers, Warns Next Protests Won’t
Be As ‘Easily Cleaned Up as Fire and Graffiti’
29 replies
Posted by NorthernDog 6/15/2022 9:01:13 PM Post Reply
The pro-abortion group Jane’s Revenge is declaring it “open season” on pro-life groups and crisis pregnancy centers. The group has a history of damaging property during their protests, and they took credit for the vandalization of a pregnancy resource center in Des Moines, Iowa earlier this month. In a message posted to social media, the group said they broke windows and left graffiti political messages all over the clinic. “It was easy and fun,” the message read. (Tweet) In a new message from the group, they are promising to up their attacks, giving an ultimatum to clinics that provide services
Biden asks seven oil companies for 'any
concrete ideas' to turn around the $1.70
rise in gas prices since the start of
the year and threatens 'emergency powers'
if they don't increase their supply while
they've 'tripled' profits
25 replies
Posted by Imright 6/15/2022 8:55:12 AM Post Reply
Joe Biden is calling on seven of the top oil companies to do something to help quell surging gas prices after accusing them of intentionally exacerbating the strain on Americans' pocketbooks after the average price per gallon surpassed $5.00. The president is sending letters Wednesday to Marathon Petroleum Corp., Valero Energy Corp., ExxonMobil, Phillips 66, Chevron, BP, and Shell to demand action on lowering gas prices at the corporate level and account for the surge. In a letter to Exxon obtained by Axios, Biden wrote that the difference 'of more than 15% at the pump is the result of the historically high profit margins
Karine Jean-Pierre tells gas companies
it is their 'patriotic duty' to increase
production and lower profits as she answers
questions for just 13 minutes at briefing
24 replies
Posted by Ribicon 6/15/2022 7:29:11 PM Post Reply
White House Press Secretary Karine Jean-Pierre called on oil companies to produce more oil and gas products as a 'patriotic duty' to counter rising prices amid Russia's war on Ukraine. Her message came after President Joe Biden accused big oil companies of seeing their profit margin triple on refining, amid global energy shortages and record gas prices. 'We see it as a patriotic duty ... as we've talked about, there's war happening right now. That was caused by Russia, which is why we're seeing these hikes in gas prices, especially since since Russia has amassed, started amassing troops, on the border [of Ukraine], she said.
FDA recommends Moderna and Pfizer covid
vaccines for children between six months
to five years old despite experts saying
they are LEAST at risk from the virus
23 replies
Posted by Ribicon 6/15/2022 5:10:48 PM Post Reply
Covid vaccines for the youngest Americans could be rolled out in a matter of days after the Food and Drug Administration recommended approving both the Moderna and Pfizer shots, despite some experts warning that they are not needed for children under the age of five. On Wednesday, members of the Vaccines and Related Biological Products Advisory Committee convened debated whether the benefits of Moderna and Pfizer outweigh the risks for America's 18million under-5s.(Snip)Some scientists have warned that children between the ages of six months and five years old face a vanishingly small risk of dying from Covid and that there is little demand for the shots.
Biden administration proposes plan to
have all Americans pay $350 to upgrade
their furnaces so they are 'energy efficient'
by 2029
23 replies
Posted by Ribicon 6/15/2022 5:03:51 PM Post Reply
President Biden's Energy Department has proposed a new rule that would require homeowners looking to buy a new furnace to install a 95 percent energy-efficient one within the next seven years. The new rule would require that gas-burning residential furnaces be condensing gas furnaces, which reuse gas and water vapor that normal noncondensing furnaces vent into the atmosphere. It would require that all gas-burning furnaces on the market to be switched over by 2029.(Snip)The Department of Energy (DOE) estimates that the new furnaces will save households about $60 per year, a number that totals $30.3 billion over the next 30 years.
Post New Article