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Joe Biden Rages: ‘I’m Sick’ of Americans Blaming Me for Inflation, Not Vladimir Putin

Written on . Posted in PT Global Economy.

Assessment: “This is Biden’s inflation and he needs to own it,” wrote former Barack Obama administration czar Steve Rattner wrote on social media after the White House tried to blame Putin for inflation …

The President made his remarks at a Democrat policy retreat to Democrats in Philadelphia in a rambling speech about issues facing his presidency.

“Democrats didn’t cause this problem. Vladimir Putin did,” Biden said, pointing to the latest inflation reports.

The President is suffering from terrible ratings on the economy due to his failure to address inflation.

Sixty-three percent of Americans disapprove of the president’s handling of the issue of inflation and rising prices, according to a recent poll, including 54 percent who strongly disapprove.

During his speech, Biden falsely blamed Putin’s invasion of Ukraine for causing gas prices to rise in 2022, starting in January.

“From the moment he put his over 150,000 troops on the Ukrainian border, the price of gasoline in January went up 75 cents,” he said, referring to Putin.

Prices rose about eight cents per gallon in January and did not spike until March when Putin significantly escalated his war in Ukraine.

“All hands shall be feeble, and all knees shall be weak [as] water.” Ez. 7:17 KJV

But even former Democrat officials have outlined that Biden’s reckless spending agenda, as well as the Federal Reserves’ policies, overstimulated the economy and led to growing inflation.

Read More @ Breitbart HERE

How the Biden Administration Is Funding the Effort To Delegitimize Israel

Written on . Posted in anti-Semitism, Benjamin Netanyahu, Bible prophecy, End Times, Israel, President Barack Obama, President Joe Biden.

The anti-Israel grants are part of a broader policy inside the Biden administration that aims to elevate Palestinians and attack Israel ...

Balfour Declaration, Bonnie Glick, Elizabeth Campbell, Genesis 12:3, George Salem, One Voice, Sarah Margon, Squad, USAID

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As Biden Bans Russian Oil, Democrats Call For Immediate Transition To Green Energy

Written on . Posted in PT Global Economy.

Assessment: Oregon Senators Merkley and Widen welcome sanctions and higher gasoline prices because it will “hasten moves toward more renewable energy”. Wyden notes the “urgent need to reduce our reliance on foreign oil and gas imports from countries ruled by tyrants like Vladimir Putin” while ignoring the fact that America was 100% energy sufficient before Biden took office. ⁃ TN Editor

U.S. President Joe Biden is banning Russian oil imports in an effort to ratchet up sanctions after the invasion of Ukraine.

The move aims to hit Russia’s economy and further isolate President Vladimir Putin. But it will also put even more upward pressure on crude oil and domestic gasoline prices.

Third Seal: Scarcity on Earth

When He opened the third seal, I heard the third living creature say, “Come and see.” So I looked, and behold, a black horse, and he who sat on it had a pair of scales in his hand.” Rev. 6:5

“We’re banning all imports of Russian oil and gas and energy,” Biden said at a White House announcement on March 8. “That means Russian oil will no longer be acceptable at U.S. ports, and the American people will deal another powerful blow to Putin’s war machine.”

Later in Texas, Biden acknowledged the energy sanctions will drive up high gas prices. “They’re going to go up,” Biden said when asked about the oil restrictions. “Can’t do much right now, Russia is responsible,” Biden continued when asked what he could do about it.

Crude oil is approaching $130 per barrel. It was in the $60 range a year ago. Gasoline prices in Oregon are averaging $4.59 per gallon — a record high, according to AAA. Fuel prices were just over $3 per gallon a year ago in Oregon.

Biden’s move garnered political support from both sides of the aisle despite its expected inflationary impacts.

Read More @ Technocracy HERE

Joe Biden Orders Study for Government Controlled Digital Dollar to Compete with Bitcoin

Written on . Posted in PT Global Economy.

Assessment: In May 2021 China banned financial institutions and payment companies from providing services related to cryptocurrency transactions. On January 4, 2022 China launched its pilot central bank digital yuan. The US is behind and is quietly panicking …

President Joe Biden plans to sign an executive order on Wednesday to study the concept of a “digital dollar” currency to compete with Bitcoin.

“We’re placing the highest urgency on the effort to assess the potential benefits and the risks of a digital dollar on payment systems, on financial stability, on national security, on the implications for human rights, and financial inclusion,” a senior administration official told reporters in a briefing call on Tuesday.

A digital dollar would be easier for the federal government of the United States to control than cash but make it more susceptible to inflation and government controls than open-source currencies like Bitcoin.

Bitcoin is trusted by users for not being susceptible to government control, allowing it to exist without government interference in changing the supply or seizing or freezing assets.
Biden officials stressed that the executive order marked the first time that the United States brought together “a coherent and coordinated view” on digital currencies “at the very highest level of government.”
“The president articulating his views about what our interests and concerns are in this space. In fact, that is notable in and of itself,” one official said.
Biden officials stressed a digital dollar would help the United States compete with other digital currencies.
One official said:
The primacy of the dollar — the U.S. dollar — it’s underpinned by fundamental advantages that the United States has held for a long time and continues to hold: credible and longstanding commitments to transparency, our rule of law, the contractual obligations and rights that everyone enjoys, the deepest and most liquid financial markets in the world, sound economic governance, and the full independence of our Federal Reserve system.
Read More @ Breitbart HERE