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The green scam is made up of lies, now people are seeing the truth by going back in time to see what these liars have said. 26 states are suing Biden in regards to EVs. SC deals a blow to Biden Ozone case. SC strips SEC power. [CB] says banks passed stress test, translation: bank collapse incoming. The Biden admin is using the same playbook, they just released a new letter from economist about Trump economic policies, this will fail. Trump wants the debates, he wants Biden on full display. Will there be a medical emergency to call the debate short? In the end the people will see the truth.

 

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Economy

https://twitter.com/ExpertsPostLs/status/1805571139550290272

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26 States Sue Biden Admin Over Rule Pushing EVs On Americans

A 26-state coalition is suing the Biden administration over a new rule that increases the average fuel economy of passenger cars and light trucks.

The states filed a legal challenge in the U.S. Sixth Circuit Court of Appeals against the National Highway Traffic Safety Administration (NHTSA) to block the agency’s new fuel economy requirements for passenger cars and light trucks, which the agency finalized on June 7. Provided it withstands legal challenges, the rule will require auto manufacturers to adhere to an industry-wide fleet average of approximately 50.4 miles per gallon for passenger cars and light trucks by 2031 – a move that, critics say, would force car companies to drastically increase the share of their fleets that are electric vehicles (EVs), and, in turn, would negatively impact consumer pocketbooks and American energy independence.  

 

“Congress did not give the NHTSA such power to reshape an industry that would ultimately affect the pocketbooks of consumers— this rule is legally flawed and unrealistic,” West Virginia Attorney General Patrick Morrisey said in a press release announcing the legal challenge on Wednesday. “This will undoubtedly cause the United States to be dependent on other nations like China for our energy needs and will undermine American energy security by increasing demand and straining power grids.”

Source: dailycaller.com

Supreme Court Deals Blow To Biden EPA’s Ozone Emissions Scheme

The Supreme Court temporarily blocked an Environmental Protection Agency (EPA) plan to limit ozone pollution that drifts across state lines on Thursday.

The court ruled to temporarily block the EPA’s “good neighbor” rule for ozone, which the agency originally intended to impose on 23 states via complex regulatory processes. The stay will remain in place as litigation over the rule plays out in lower courts.

The court decided to block the rule by a 5-4 vote, with Justices Amy Coney Barrett, Sonia Sotomayor, Ketanji Brown Jackson and Elana Kagan dissenting. Justice Neil Gorsuch wrote the court’s opinion, and was joined in the majority by Justices Clarence Thomas, Brett Kavanaugh, John Roberts and Samuel Alito 

Ohio v EPA by Nick Pope on Scribd

Source: dailycaller.com

Core Durable Goods Orders Decline In May; Growth Scare Grows As Shipments Plunge 

New Orders for Durable Goods in the US rose by just 0.1% MoM in preliminary May data (better than the -0.5% exp, but that was thanks to a major downward revision in April from +0.6% to +0.2%).

Source: Bloomberg

The last four months have seen gains ebb rapidly and now durable goods orders are down 1.2% on a YoY basis.

Source: Bloomberg

Core Capital Goods Orders (non-defense,