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Insanity Wrap #130: One Day With Joe Biden and Everything Has Gone to Hell Already

"The dark night of fascism is always descending in the United States and yet lands only in Europe." Or at least that's how it used to be. (AP Photo/Andrew Harnik)

Insanity Wrap needs to know: What do you do with a billionaire who brags that the guy he voted for is bad for business?

Answer: Seriously. We need to know. Because tar and feathers are just so unfashionable.

Before we get to the sordid details, a quick preview of today’s Wrap.

  • A different billionaire — Warren Buffett — gets his first big payout for supporting Biden
  • Dems struggle to put their Antifa/BLM genie back in the bottle
  • It’s scientific fact that Dr. Fauci has reduced himself to a partisan hack — science!

And so much more.

Shall we begin?

This Is Not a Sane World, Exhibit #1,000,006

14,000 jobs gone, banished to the ether by presidential fiat so that Warren Buffett might get slightly richer.

Insanity Wrap is here to tell you: You’ve been had, America.

And you’re about to get had a whole lot more.

Billionaire: I’ve Got Mine, So What’s the Problem?

Leon Cooperman Votes His Values
(Screencap courtesy of CNBC.)
Billionaire investor: Enjoy the bull market while it lasts

Insanity Wrap generally keeps a cool demeanor, but we lost our temper talking about this story on yesterday’s VIP Gold Live Chat with Stephen Kruiser and Bryan Preston.

‘The near-term outlook is probably OK,” Cooperman told the “Squawk Box” hosts. “Long term, I think that we’re borrowing from the future.”

He put the blame on the Federal Reserve’s monetary policy as well as the government’s aggressive fiscal stimulus for creating an environment fraught with risk going forward. “There’s a meaningful chunk of the market today that’s in euphoria. You see 50% price moves,” Cooperman explained. “I do have long-term concerns because I think the policies we’re running are unsustainable.”

He added that the incoming administration could also put pressure on the top-heavy market. “It’s a less pro-business, less friendly business environment,” he said. Still, Cooperman said he put his values ahead of his economic interests and voted for Joe Biden.

The Keystone XL workers who just got handed pink slips can’t afford Cooperman’s values, yet they’re the ones paying for them.

The individual investors whose retirement portfolios rely on a business-friendly environment can’t afford Cooperman’s values, yet they’ll pay for them, too.

The families struggling to keep their homes heated and their gas tanks full can’t afford Cooperman’s values, yet they’ll pay and pay and pay as elements of the Green New Deal are enacted.

Insanity Wrap could go on in this vein all day, but we’re going to make ourselves a Bloody Mary, instead, and move along to the next item.

Your Daily Dose of Mostly Peaceful Protest

Andy Ngo has collected several partly violent riot videos from Portland and Seattle yesterday.

We mention this for just one reason.

Insanity Wrap warned you last summer that the Democrats had unleashed their street thugs for their own political convenience, but that they’d have a difficult or even an impossible time getting that genie back in the bottle.

Anyone who had thought that Joe Asterisk’s swearing-in would bring peace back our streets…

…well, the bitter laugh is on them.

Previously On Insanity Wrap: NBC News Hack Says MAGA Terrorists More Dangerous Than al Qaeda

How’s That ‘Return to Normalcy’ Workin’ Out for Ya?

Joe Biden Purge
The Mask Comes Off (AP Photo/Carolyn Kaster)

 

Breaking Norms And Precedent, Biden Attempts To Purge Career Intelligence Official

The Joe Biden Purge is real, and it is Insanity Wrap’s sad duty to inform you that it appears to include anyone the Asterisk Administration deems “insufficiently loyal,” according to The Federalist’s Mollie Hemingway.

Hours after President Joe Biden delivered his inaugural address promising to bring unity and healing to the country, his administration began a politically charged attack on a highly respected, newly appointed career intelligence official over fears he would be insufficiently loyal to Democratic partisans. The attempted purge has thus far followed the playbook publicly laid out by top Democrats and their left-wing media enablers.

In a stunning violation of precedent, Biden’s National Security Agency (NSA) placed General Counsel Michael J. Ellis on administrative leave pending a Defense Inspector General investigation of his recent appointment, as well as an unspecified claim of mishandling of classified information. Ellis has maintained a top security clearance, without any blemish, for more than a decade. He is a trained classification official both as a military officer and civilian.

And Now For a Brief Moment of Sanity

Bad optics?

Sure.

The press revealing its 50-years-running total ignorance of military life?

You bet.

Insanity Wrap is much more concerned about our military getting another Afghanistan Surge or a larger footprint in Syria than we are about where soldiers caught a little shuteye on Inauguration Day.

Here’s Another Damn Thing We’re Supposed to Be Concerned About

This is the guy who lied to you in the beginning about masks, then practically bragged about how he’s moved the goalposts again and again since March.

Anything Dr. Fauci says is nothing anyone needs to be concerned about.

Payback’s a… You Know

“Mrs. Brassenstein” is doing this correctly, yes? Because after the last four years, Insanity Wrap is pretty sure that’s how this game is played.

Enjoy the #Resistance, Mr. “President.”

One More Thing…

Insanity Wrap Feels the Unity

Today’s meme perfectly sums up Insanity Wrap’s attitude towards the Democrats’ do-as-we-say-you-racist-everythingphobe-hater style of “unity.”

How about you?

That’s a Wrap for today.

Come back tomorrow for another Insanity Wrap…

…assuming we make it that long.

Previously On Insanity Wrap: Biden Takes Oath of Office, We Take Shots