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Dem lawmaker admits Biden’s infrastructure bill isn’t really about infrastructure

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Rep. Tom Malinowski (D-NJ) discussed President Biden’s infrastructure plan during a New Jersey Town Hall on Friday, admitting that it focuses on what “most people would not think of as infrastructure.” According to a Breitbart Report, the town hall was part of a virtual series called “Congress in Your Kitchen.”

Malinowski compared this bill with the Republican’s proposal, which defined infrastructure in a more traditional sense. “President Biden, on the other hand, proposed a bill that defines infrastructure more broadly,” Malinowski said. “And, on top of that, included some things that probably most people would not think of as infrastructure but that many of us think are really important for the country.”

While the bill has earned his stamp of approval, the New Jersey lawmaker is pushing for more policy written in the bill to center climate change. “On top of that, what I’m really pushing hard for is an investment that will help America lead the world in the transition from fossil fuels to clean energy,” Malinowski said.

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You can follow Jenny Goldsberry on Twitter @jennyjournalism.

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Economy

Federal Reserve Economist on hidden camera: ‘we don’t want Trump to be in the government’

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Screen Shot 2019 01 04 at 7.05.24 PM

Hidden Camera captures Principal Economist at the Federal Reserve talking about Jerome Powell’s legacy as “somebody who held the line against like, Trump.” According to hidden camera footage of Aurel Hizmo, principal economist at the Federal Reserve, the U.S. agency could have fixed inflation a while ago but refused to do so for fear of hurting President Joe Biden’s re-election efforts.

Hizmo told an undercover reporter that the Fed stopped raising the rates to tackle inflation because it could cause a recession that would likely end Biden’s 2024 campaign.

The influential agency responsible for maintaining a stable monetary system appears to not just be establishing interest rates, but to be setting policies for desired social outcomes. “Under Powell, the Fed has changed to think about equity issues, like racial issues, think about wealth inequality as part of the mandate, as part of the things we are following. Think about climate change.” Aurel Hizmo, Principal Economist at the Federal Reserve, who prior to working at the Fed was an Assistant Professor helps write speeches for Federal Reserve Board Chair Jerome Powell for the Federal Open Market Committee.

Hizmo says “Trump is just a crazy person” and conservatives are “dumb” as he describes to OMG’s American Swiper Citizen Journalist a politicized Federal Reserve Board where Powell has promoted ESG issues like climate change and “wants to be remembered in history” “as a savior.” But shhh…don’t tell anyone because Hizmo says: “I’m just really worried that I’m saying stuff that’s classified…It’s all classified.”

 

 

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