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The Schaftlein Report

Schaftlein Report | Biden Making ALL of the Wrong Policies – Trouble Lies Ahead Unless WE Change Course

Joe Visconti and Lee Elci


Schaftlein Report
Fri, March 23, 2024

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Guests: Joe Visconti and Lee Elci
Headline – Biden Making ALL of the Wrong Policies – Trouble Lies Ahead Unless WE Change Course
1) U.S. called for Cease Fire vote at UN. Action vetoed by China and Russia.
1A) Israel calls its own shots despite intense pressure from Democrats looking for votes in Michigan.
1B) Palestinian neighboring countries do not want them.
1C) Speaker Johnson was to invite Netanyahu to speak to joint session of congress. Schumer said No.
2) Biden urges Ukraine to halt hitting Russian oil refinery and storage facilities with missile and drones
He fears rising oil prices will cost him the election.
3) Despite the Supreme Court saying no to Student Loan relief, Biden goes for work around –
78K public employees with $5B in debt given relief in a purely political effort to buy votes.
41M borrowers with $1.6T in debt remain
4) Texas security forces in El Paso are being overwhelmed by illegal immigrants. No end in sight.
Biden believes his plan is working. Border Patrol Chief say policies are NOT working.
4A) White House calls Texas law on Illegals “Extreme and Unconstitutional”
5) Joe Manchin says he will block Biden judicial nominees unless at least one Republican votes of the nominee
6) Apple Lawsuit, LNG export limitations despite need for gas in Europe and 50/50 gas to electric cars – people do not like this
7) $7T Spending proposed by Biden. This is $2T above Pre-Covid budgets while we are 34.5T in debt
8) Is the Federal Reserve accepting 3% Inflation by signaling rate cuts too early? Are global rate cuts at hand?
8A) Gold is above $2,200 an ounce, S & P 500 at record high. Many foreign markets at or near record highs.
9) Trump continues to lead in all 7 swing states. Numbers continue to flat line with no movement.
Biden at 40% Approval and 2/3 say country going in the wrong direction.
10) Hunter Biden – The gift that keeps on giving while Trump appears a sympathetic figure based on government abuse? Go figure!

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