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Robert Wolf Profile picture
@robertwolf32
Feb 17, 2021 • 5 tweets • 5 min read • Read on X
Governor Abbott - be honest !
“Don’t Blame The Wind For Texas Power Woes” Image
and another!
"No, frozen wind turbines aren’t the main culprit for Texas’ power outages" texastribune.org/2021/02/16/tex… via
@TexasTribune

@rossramsey

@erinmdouglas23
@TexasTribune @rossramsey @erinmdouglas23 Read @PolitiFact "Natural gas, not wind turbines, main driver of Texas power shortage" @JonZGreenberg
politifact.com/article/2021/f…
@TexasTribune @rossramsey @erinmdouglas23 @PolitiFact @JonZGreenberg "The Real Reason for Texas' Rolling Blackouts"
"the state’s power outages come down to the fact that its infrastructure was designed to withstand extreme heat, not cold"
earther.gizmodo.com/the-real-reaso… via @EARTH3R
"The Texas grid got crushed because its operators didn’t see the need to prepare for cold weather"
@willenglund

washingtonpost.com/business/2021/…

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More from @robertwolf32

Robert Wolf Profile picture
Feb 23, 2022
#RussianSanctions
1st tranche of sanctions by #Biden & NATO allies are real but harsher ones certainly available:
1. Germany will not move forward w #NordStream2
2. Freeze assets & prohibit business w 2 key banks: Vnesheconombank (VEB) & military bank Promsvyazbank
(cont)
3. Sovereign debt prohibitions restricting access to U.S. capital markets and investors.
4. Sanctions on 5 Russian elites and their family members with the Kremlin (Putin's friends)
5. Warning: Over 80% of Russia’s FX transactions in U.S. $s & 50% of Russia’s international trade. "No Russian financial institution is safe from our measures, including the largest banks"
6. Real hammers still available:
-Ban use of SWIFT
-Export Controls
Read 4 tweets
Robert Wolf Profile picture
Mar 26, 2021
Yesterday's #PresidentBiden press conference had very few questions on economy, so here is a synopsis on the #BuildBackBetter plan with a focus on #Infrastructure and possible #TaxReform as a way to pay for it
The Biden "Build Back Better” plan focuses on four main national challenges:
1. Infrastructure and Clean Energy
•Biden will make a $1.7 trillion accelerated investment, with a plan to deploy those resources over the first four years.
The plan will create millions of private sector jobs, and rebuild roads, bridges, water systems, battery charging stations, and electricity grids. This pillar also emphasizes access to clean air & water by providing zero-emissions public transportation to cities
Read 19 tweets
Robert Wolf Profile picture
Mar 18, 2020
Hi @SRuhle thanks for the shout out

Here is a framework for stimulus package that I have been discussing w @RoKhanna & @TimRyan

1. Right now protect small business & cover loss wages via cash, grants, loans –needs to be well north of $1 trillion
2. Post 3 months :
Rid sales tax & lower payroll tax to stimulate demand

3. 6+mo: Treasury should issue coronavirus recovery bond where proceeds go to help those individuals & small business impacted.
Act 2009 - Build America Bonds.
Let's invest to help USA make the rate a little higher than savings account so those at or near retirement earn a little more income.

recall:
WWI - Liberty Bonds.
WWII- Defense / War Bonds.
NYC Post 9/11- Liberty Bonds.
Great Recession/ Recovery Act 2009 - Build America Bonds
Read 5 tweets

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