Three Things You Need to Know - September 7, 2017

Catastrophe Looms Over Miami, and It’s Not Just Hurricane Irma

Before the storm arrives, Miami already has the third worst real-estate market among major cities in the U.S. Only Cleveland and Detroit ranked lower than Miami in foreclosure rates and delinquent mortgages.

Last year, Miami had over 7,000 home foreclosures. Seven thousand. This year, the number is already over 3,600.

Irma is still bearing down on South Florida.

The Category 5 hurricane could make landfall in Miami this weekend.

The human toll is our main concern.

But, the combination of a devastating hurricane hitting a real estate market that is already in shambles would be catastrophic. Especially if there is flooding like we’ve seen in Houston.

Flooding in the Miami area is already a serious problem under normal circumstances, never mind a hurricane.

Miami recently spent $500 million to install anti-flood pumps around the city, but only 15 percent have been installed so far. Even if they were, engineers have warned that the pumps "would probably fail during a hurricane because there are no backup generators if the city loses power."

And that’s exactly what happened just last month.

A heavy rainstorm overwhelmed the pumps' capacity and caused a power outage that knocked two pump stations offline for almost an hour --- long enough to put some sections of Miami Beach under several feet of water.

Do you remember the Great Miami Storm of July 2017? No? Neither does anyone else. That was just a rainstorm. This is Irma.

Our country can only take so much. War, chaos in the streets, two major hurricanes and a housing collapse?

Catastrophe looms, and it's not just hurricane Irma.

Watershed Moment With North Korea

This is one of those moments. 

The standoff with North Korea is approaching endgame. Change --- on a level not seen since WWII --- could be taking place very soon.

The vehicle of this change comes in the form of a UN draft resolution shown to the media yesterday. The United States is seeking an oil embargo, and regardless of whether the resolution passes or fails, this conflict has reached an inflection point.

Let’s say the embargo passes. This would mark the beginning of the end for diplomacy. Japan saw this as an act of war during WWII, eventually leading to the attack on Pearl Harbor. Kim Jong Un will either be forced to the negotiating table, or he’ll see it as the Japanese did. If war occurs, it will be catastrophic on both sides. Carnage not measured in hundreds and thousands, but hundreds of thousands.

China and Russia have already made statements hinting they’ll veto the resolution. Without the help of both countries, we’re staring at a very hard and cold truth: North Korea is now a nuclear-armed nation, and we’re stuck with accepting it.

Think of the dominoes that might fall if that happens. Would Kim Jong Un take his newly acquired nuclear deterrence out for a test drive? 

U.S. security guarantees --- in place since WWII --- would be deemed worthless. Japan would re-arm. The Philippines would turn to China.

History is full of watershed moments --- those moments that flipped everything upside down and sent the world hurtling in a new direction. We’re living one of those moments.

The Art of the Bad Deal

Trump has cut a deal with Democratic leaders to increase the debt limit and finance the government until mid-December. But, this deal isn't about Trump.

The deal proposed by Chuck Schumer and Nancy Pelosi combined the debt ceiling increase with relief aid for Harvey victims.

We could talk about the GOP’s refusal to address runaway spending.

How unserious Washington is about restraining the deficit and debt.

Or we could look in the mirror, and ask the really hard question.

How much do conservatives actually care about this stuff?

The reason Washington has been able to kick the can down the road is that we have put up with it. Over and over again.

Our government is a reflection of who we are. And right now, as a country, we are a people who would rather talk about the personalities in a meeting about the debt ceiling, than the debt itself.

We would rather whine about our politicians and gossip about who has hurt feelings, than worry about how we have voted again and again to pass this bill onto the next generation.

Yes, this is a bad deal. But, America has turned accepting bad deals into an art form. It's time we spit ourselves out of the system.

MORE 3 THINGS

Dockworker strike: Everything you need to know

Anadolu / Contributor | Getty Images

At midnight on September 30th, dockworkers across the East Coast went on strike, effectively cutting the country's import and export capabilities in half.

Don't go out and panic buy a pallet of toilet paper and instant ramen just yet. It's going to take some time for the full effects of the strike to be felt and hopefully, the strike will be good and over by then. But there are no guarantees, and this election cycle could get significantly more insane as we draw near to the election. And even if the strike is settled quickly, it shows growing cracks in our infrastructure and industrial capacity that needs to be addressed if America wants to maintain its global dominance.

Here is everything you need to know about the dockworker strike:

What do the dockworkers want?

Anadolu / Contributor | Getty Images

As with most strikes, pay is the driving factor behind this situation the country now finds itself in. The longshoremen want more pay, and with rising inflation who can blame them? After all, working the docks is hard and dangerous business, and fair compensation only seems... fair. But when you compare the wage of a dockworker, which is around $100,000 to $200,00 a year to the average income in America of $56,000, suddenly they seem significantly less sympathetic.

How much money are they asking for? For most Americans, a three percent raise is considered high, but the unions are asking up to 15 percent, depending on location. On top of that, they are asking for a 77 percent raise over the next six years. The West Coast dock workers recently made off with a 36 percent raise and were considered lucky. These increases in costs are just going to be transferred to the end consumer, and we'll likely see a jump in prices if these terms are accepted.

The other major ticket item is protection against automation. Autonomous ports are quickly becoming a reality, with major ports in China that are capable of handling vast amounts of cargo being run by a single office, not an army of dock workers. Naturally, the longshoremen are concerned that their jobs are at risk of being replaced by machines that can work harder, longer, for cheaper, and without risk of injury.

How will it affect Americans?

Joe Raedle / Staff | Getty Images

Don't panic yet!

It is going to take some time for consumers to feel the effects of the strike and it is possible that a resolution could happen at any time.

Week one should be pretty much business as usual. It might be a good idea to stock up on fruit and other perishables, but there is no need to go COVID-lockdown-crazy yet.

Week two is when you'll first start feeling the pinch. Fresh fruits and veggies will become scarce, along with other imported goods like shoes, toys, and TVs. Prices will start to creep up as the shelves will start to look a little sparse. The supply of tools, lumber, and other hardware materials will also begin to dry up.

By week three, the cracks in the system will really start to show. Entire industries will begin to slow down, or even stop. Factory workers will get furloughed and sent home without pay. Stores will have to ration items, prices will be sky-high, and online orders will come to a standstill. At this point, the strike will have escalated into a full-blown crisis, and even if it was resolved immediately, it would still take weeks to restore everything to working order.

At the four-week mark, the situation will have developed into a national security crisis, and as Glenn describes, a poly-crisis. Small business will be closing their doors, entire brands will be out of stock, and everything that remains will be so expensive it is unaffordable. By this point, the holiday season will be drawing near and there will be a rush on any sort of gift or decor items left. At this point, irreparable damage to our economy will have occurred and it will be months if not years before it can be mended.

While that sounds bleak, with the election just around the corner, it seems unlikely that the Biden-Harris administration will let it get that bad. That being said, their administration has not been characterized by good decision-making and reasonable policy, so there are no guarantees.

What can be done?

The Washington Post / Contributor | Getty Images

The big question is "Why hasn't Biden already done something?"

President Biden, who ran on the image of a blue-collar, union-worker, has been uncharacteristically absent from the issue. Despite his earlier involvement in a train strike, Biden has declared that involvement in union fights is not a presidential issue unless it getsreally bad.

So where's the line? At what point will he step in? He has to understand that an economic crisis right before the election will reflect poorly on Kamala.

Join Glenn TONIGHT for BlazeTV's exclusive VP debate coverage!

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POLL: Can the VP debate affect the election?

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The first (and likely only) Vice President debate will be held on CBS News on Tuesday, October 1st.

The debate takes place at 9 p.m. Eastern Time and will be the first time we see J.D. Vance and Tim Walz face off in person. Typically, the VP debate is little more than a formality, and rarely does it affect the election in any significant way. But this is no ordinary election. The stakes are higher than they have been in years, and Trump and Harris are still in a razor-thin race, according to the polls. Both Vance and Walz are relative newcomers to the national stage and still have room to make an impression on the American people, and with the race as tight as it is, that might make all the difference.

So what do you think? Can this VP debate make an impact on the election? Are you going to tune in? And what sort of questions and issues need to be brought up? Let us know in the poll below:

Will this VP debate be important in the overall election?

Are you going to watch the VP debate?

Should the debaters be asked about the Biden-Harris administration's failing economy?

Should the debaters be asked about climate change and energy policy?

Should the debaters be asked about the rise of globalism?

Five things that PROVE Kamala's plan for climate authoritarianism

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If you wanted to cripple America for years, what would be the best way to go about it?

If your mind immediately went to the power grid, you think a lot like Glenn. For decades the secret to America's growth and prosperity has been its abundant and relatively cheap energy. Electricity has been so cheap for so long that many Americans take it for granted, though raising prices has put it back on many people's radars.

There are forces on the Left, including Kamala Harris, who is working to be "unburdened by what has been," and plunge America into a dystopian future where only the elite can afford "luxuries" like A/C and dishwashers. While Kamala has either remained silent or been dismissive of her radical climate policies, here are things that prove that Kamala has disastrous plans for our energy future:

Kamala endorsed the Green New Deal

Bloomberg / Contributor | Getty Images

In 2019, then-Senator Harris was proud to co-sponsor the Green New Deal. This was, by all metrics, the most authoritarian legislation in U.S. history. It was so over the top, cartoonishly evil, that it hardly seemed real. It aimed to ban all coal, oil, natural gas, and nuclear power, and dismantle and rebuild every aspect of our lives, from what we eat to how we travel (for the worse). It also aimed to provide economic security to those "unwilling to work," aka, money for nothing.

Had several failed climate actions

Alex Wong / Staff | Getty Images

After the Green New Deal was defeated, Kamala tried several times to pass something similar. First was the "Comprehensive Climate Plan" which she introduced during her 2019 presidential bid. This plan had a staggering 10 TRILLION DOLLAR price tag, which is double the entire U.S. federal budget and aimed at exceeding the Paris Agreement climate goals.

In 2020, she introduced the Climate Equity Act, which would have created another government office called the "Climate and Environmental Equity Office.” This office would review all congressional bills and judge their potential impact on "communities that have experienced environmental injustice or are vulnerable to climate injustice.” As if that wasn't overreaching enough, it would also require every government agency to publish a biannual "climate and environmental justice accountability agenda.”

Finally, she pushed the “Environmental Justice for All Act,” which is exactly what it says on the tin. It boils down to a bunch of new rules and advisory bodies that would give cash handouts to "environmental justice communities." Fortunately, just like the other two this one never saw the light of day.

Inflation reduction act

Michael M. Santiago / Staff | Getty Images

The crowning jewel of Kamala's "historic" vice presidency was when she cast the tie-breaking vote to pass the Green New Deal Jr, otherwise known as the Inflation Reduction Act. While it was obvious from the beginning that the Inflation Reduction Act had nothing to do with inflation, and was just a climate change bill in disguise, Biden recently confirmed this to all the nay-sayers. Kamala confirmed that this was more than just another Biden gaffe when she admitted that it is "the single largest climate investment in American history.”

So what fruits does this wonderful piece of legislation have to offer? 60 out of the promised 2,000+ EV school buses. It is unclear if the delay is caused by schools backing out of the program due to the technological limitations of the busses or the outrageous cost- more than three times that of a traditional bus. Kamala's vision of the future sure is bright.

Skyrocketing home prices

PATRICK T. FALLON / Contributor | Getty Images

If the Inflation Reduction Act is the greatest climate bill ever, then we have a pretty good idea of how it affects the average American: poorly. Over the past year, U.S. electricity prices have risen 3.6 percent, which outpaces inflation. Current estimates suggest the average American is paying 5,000 dollars a year more on utilities than they were before Biden and Kamala took office. Not to mention all the new green mandates enforced on new homes, which on average is adding 31,000 dollars to the price of homes.

Judging by the climate-leading state of California, this is pretty standard. Californians' electricity bill has gone up over three times faster than the rest of the nation since 2008 and Californians collectively owe more than 2 billion dollars in unpaid utility bills. Not to mention the havoc green energy is playing on the electric grid.

Ban fracking

Spencer Platt / Staff | Getty Images

Over the last fifteen years, the U.S. has reduced our emissions more than any other nation, but this was accomplished despite the authoritarian legislation, not because of it. Natural free-market developments have encouraged a transition from coal to natural gas, largely due to fracking, which has dramatically increased the availability of the fuel. A whopping 43 percent of American electricity is generated by natural gas, meaning its price has a huge impact on the cost of energy. So naturally the Biden-Harris administration has cracked down on natural gas and oil exploration, and in 2019 Kamala stated that she favored banning fracking. She has since walked back that statement, but seeing how hostile the administration has been towards fracking it's almost certain that a Kamala presidency would spell doom for natural gas.