Hack..

 

Joe Biden in the mid-1970s was a first-term senator when President Gerald Ford implored Americans to wear “Whip Inflation Now” (WIN) buttons and stickers. The Ford administration’s sartorial effort to raise awareness about fast-rising prices and get Americans to spend less drew widespread media ridicule and even raised private doubts among top White House economic advisers. Biden watched inflation become a major theme in Democratic presidential candidate Jimmy Carter’s defeat of Ford.

Inflation is now getting too close to disco-era highs for comfort, with Biden as president after 36 years in the Senate and eight years as vice president. Inflation skyrocketed 7.9 percent over the past year, according to the February report from the Bureau of Labor Statistics, the fastest rate of inflation since January 1982.

That puts Biden and Democrats in dangerous political territory heading into November’s midterm elections. But Biden — whose poll numbers have already been boosted following Russia’s invasion of Ukraine — thinks he has a boogeyman to pin the problem on: Vladimir Putin. The Biden administration blamed the Russian president for the rapid American price hikes, spiking gas prices.

Honesty is a difficult position to be in.   Just a thought.

Surge..

 

New York City experienced a 38.5% increase in overall major crimes last month compared to the same time period last year, according to the latest statistics shared by the NYPD.

For the month of January 2022, the city reported 9,566 overall incidents under the major index crime categories compared to the 6,905 cases in January 2021.

According to the NYPD, every major index crime category saw a surge for that time period with the exception of murder, which fell by 15.2%.

Tesla..

 

Buy Back Better.

Gas..

 

Keystone XL, which was proposed in 2008 to bring oil from Canada’s Western tar sands to U.S. refiners, was halted after U.S. President Joe Biden this year revoked a key permit needed for a U.S. stretch of the 1,200-mile project.

The highly experienced politician, President Biden, enacted extensive sanctions on Russia's economy punishing the poor people around the globe, anf particularly in USA and Europe. The gas is a sample.     Just a thought.

Renew..

 

Ban..

 

USA and Nato countries are looking for a source of energy for some their economies not to collapse as a results of all these sanctions on Russia instead of solving the problem peacefully.

Rags to..

 

President Biden shares one attribute with his political hero, Franklin Delano Roosevelt. 

 Unlike FDR, lunch-bucket Joe came from far more humble beginnings, if we are to believe his self-written biography. He is a kid from Scranton, Pa., whose family worked in the coal mines, an Irish Catholic from the wrong side of the street, a former lifeguard who hung out with the Black kids in his neighborhood.

But like FDR, Biden as president has become a traitor to his class. 

His family might have worked in the steel mills and the coal mines, but to Joe Biden and his elitist administration, goal one is to get rid of fossil fuels, especially coal mining. If there is one thing that the other famous Joe, Sen. Joe Manchin (D-W.Va.), understands, it is the precarious situation of the coal miners in West Virginia, which is one of the reasons he opposed the Build Back Better imbroglio. Manchin knows that Biden is a traitor to the coal mining class, and he has adjusted accordingly. 

The Biden administration's attitude to rising gas prices is akin to Marie Antoinette's attitude towards starving peasants in Revolutionary-era France. Instead of saying let them eat cake, That's not an exact quote, but the French Pete Buttigieg, the Transportation secretary, said let them drive Teslas. Queen was misquoted too, and look what happened to her. Just a thought.

Crushing..

 

 

All of a sudden, we don't have issues to be resolved in USA- it is all about our Fabolous damage to Russia's economy. And in turn the recession on Europe.

Biden speaking to Philadelphia in an address to the Democratic caucus also laid out the damage done by U.S. sanctions to the Russian economy.

“We’re increasing coordination among the G7 countries. And to target, capture, the yachts. Some of these yachts are 450-feet long. I’m serious. Hundreds of millions of dollars in value. They’re luxury apartments. The totality of our economic sanctions and controls are crushing, crushing the Russian economy,” Biden said.

Moscow stock exchange is closed for a simple reason. Why is it closed? Because for the last two weeks because the moment it opens, it will be disbanded. Hear me? It will blow up. Credit rating agencies have downgraded Russia’s government to junk status. Junk status,” he concluded.

Is this something to be proud of? The impact on poor people?

Are these our values?  Just a thought.

Happy..

The UAE ambassador to Washington, Yousef al-Otaiba, said it favored production increases “and will be encouraging Opec to consider higher production levels”, leading oil prices to fall by 13% the next day. But no action to increase supply followed and by the week’s end the price per barrel was back up to almost $130 (£100), an uncomfortably high level for Biden to take to the midterms.  

With relations between the Middle East oil powers and Washington at their lowest ebb in modern times, though, a reckoning is due that may realign the regional order on terms that favor Riyadh and Abu Dhabi. Both leaders have made it clear that they will settle for nothing less and are ready to extract their price.

Biden’s immediate priority is for both countries to help exert maximum economic pressure on Russia by cranking up their oil output. Each capital is a major supplier of oil, with excess capacity, which would soften the effect on US consumers through fuel prices before midterm elections in November that threaten Democratic control of Congress.

Our foreign policy is Clear. Win the Midterm.

Chaos..

 

The war in Europe and skyrocketing energy prices are forcing the oil and gas industry and the Biden administration into a relationship of convenience — one that may be fleeting as they pursue diverging, long-term energy agendas.

Russia’s invasion of Ukraine and the retaliatory financial sanctions the United States and Europe have implemented against Moscow have caused chaos in global commodity markets. Oil prices have whipsawed, shooting up to $130 a barrel earlier in the week. The gasoline prices, which Biden administration has been fighting a losing battle against for months, hit a record high of $4.33 a gallon on Friday.

Fossil fuel industry executives are wary of the Biden administration’s long-term intentions. On top of the short-term support for renewed drilling, the industry said it needs quicker permit turnarounds and acknowledgment that oil and gas production should continue in the long term while the clean energy industry takes root.