Posted on 07/06/2023 10:22:27 AM PDT by Kaiser8408a
What is Bidenomics? It isn’t what Press Secretary Karine Jean Pierre thinks. She said Biden hates “trick down economics”. Instead, Biden prefers a Soviet-style command economy where The Federal Government spends trillions of dollars and directs where the money goes. We also have the Socialist Federal Reserve that relies on rate manipulation to achieve policy results.
A good example of Biden’s Soviet-style “Bidenomics” is his use of the Strategic Petroleum Reserve (SPR). Biden has now drained almost 50% of the SPR from when he was sworn in as President. And has drained the SPR for 14 straigth weeks to manipulate gasoline and diesel fuel prices in an effort to lower fuel prices ahead of the 2024 Presidential election. Watch Biden suddenly stop caring about fuel prices once he wins reelection!
After last week’s huge draw, expectations were for a smaller draw (which API showed last night), but the actual crude draw was smaller – just 1.5mm barrels. Stocks at the Cushing hub fell 400k barrels and products also saw notable draws..
At least we now know who left cocaine in the White House!
(Excerpt) Read more at confoundedinterest.net ...
Where is Congress to put a stop to this? I thought they were supposed to be refilling it over the past few months.
i believe this drain continues through december/2023
If only we could run cars on cocaine...
The only entity more incompetent than the Biden/Obama/Clinton/DNC administration is the MSM. Both entities are nauseating.
😀😂🤣
Daddy snorts with him and they laugh about being protected by the fake FBI
BidenDepression 2023 maybe Spring 2024
Biden is an Obama acolyte; a true believer in the destruction of America by any means possible.
Like his guru Barack, he constantly lies, obfuscates and appears to be hapless but remains committed to the destruction of America and the perversion of all that is normal.
Watch him through that lens and everything makes sense.
bttt
Biden is just doing the bidding of his ChiCom Overlords.
“Where is Congress to put a stop to this? I thought they were supposed to be refilling it over the past few months.”
Where i$ Congre$$ to put a $top to thi$? I thought they were $uppo$ed to be refilling it over the pa$t few month$.
In our Government, $$$$$ rules. What I would like to know is how many members of Congre$$, besides Pelosi, have sizeable $$$$ invested in our business friends in China.
Probably orders from Soros to little bammy to Susan Rice/Val Jar.
LGB is focusing on the flavor-of-the-day.
Thursday is peach, the excitement never stops with that wacky bunch of fun lovers.
.
I disagree. I think the drain will continue on until early to mid January 2025.
This is not incompetence, it is much worse. The reserves are for our countries security. This selfish traitor is raping them to help his election chances. Only someone who has absolutely no concern for the nation’s well being would do this.
The SPR is like a cop. You don’t need him until you really need him.
Should Trump as POTUS fill it back up again just so the next rat in the WH can take it down?
Biden is a corrupted and controlled vegetable. He is told what to do.
And rule by “committee” of so many deep-state bureaucratic and political factions means they must default to short-term political needs and slogans
This is HIGHLY dangerous in so many ways
We’re still exporting record amounts of oil.
Where in Hades is it going?!
Yes he has 3 houses for a reason like they do.
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