The folly of our empire began long before "Biden the Conqueror"
It would have been a wiser decision to ally with Russia long ago as the USSR broke apart in order to stymie the Chinese juggernaut. Now we have the most populace countries and some of richest mineral resources (don't forget the Saudis and Iran on with them too) aligned against the west's infinite wisdom. None of the members of the Eurasian cabal give a shit about climate change much less finance its mitigation lunacy. Our currency is next on their agendas as they stockpile gold and circumvent a war we had no business starting. Someday we will wake up and ask ourselves what the hell did we kill all those Ukrainians for? Just don't ask Goldman, JPM or MS. Maybe Hunter knows.
It is more likely that the release of millions of barrels of oil from the SPR caused the price of gasoline to go up. Why? First of all, over half of the cost of a gallon of gasoline is in refining and distribution, with the remaining 40-50% coming from the cost of a barrel of oil. Refining capacity has been near its’ upper limit for the past 2 years, due in no small part to the shuttering of some refineries by the Biden administration and the nixing of permits to build new capacity. This has been a significant factor in the rise of gasoline and diesel prices and has nothing to do with oil supply. Furthermore, the release of 260 million barrels of oil from the SPR in a relatively short period of time has caused significant disruption to an already strained oil distribution system. Trains and trucks were diverted from their normal distribution networks to handle the sudden demands of SPR distribution. Refinery operations were also disrupted by new supply and grades of oil that differed from current production orders and schedules. Domestic distribution prices soared in 2022 as a result, for all oil not just SPR sourced oil, as distributors took advantage of the disruptions and equip shortages to raise prices. We also know that the SPR release had little or no impact on oil futures or the spot price of crude from any source.
Tell us again Mr. Biden how the release of all that emergency oil supply is benefiting America and Americans.
"One of them is the creation of a huge new rival – India, China and Russia combined – aiming to take the US down a peg."
Are we already in a new 21st-Century type of war and just haven't noticed it yet? You decide from this 𝙞𝙣𝙘𝙤𝙢𝙥𝙡𝙚𝙩𝙚 𝙡𝙞𝙨𝙩 of ACTUAL EVENTS and CIRCUMSTANCES that have occured since the election of 2020 was stolen and a bought-and-paid-for TRAITOR was installed in the White House:
1. 100+ Food Processing Plants burning down or otherwise mysteriously being put out of production.
2. Over 1,000 train derailments within the Continental US in the last 14 months.
3. Nearly a dozen Energy Substations being attacked and Energy Grids going down in disparate areas around the Country.
4. Bill Gates and Chinese Interests purchasing 860,000+ acres of Farmland/Farms in the Continental US, the majority of it being allowed to go fallow since the change in ownership.
5. Cyber "Attacks" on our Aviation Infrastructure resulting in 1000's of delays and cancellations during some of the busiest traveling seasons.
6. 58 BILLION+ Chickens being euthanized in response to an ALLEGED outbreak of Bird Flu - 𝗩𝗘𝗥𝗜𝗙𝗜𝗘𝗗 documentation for this Hendemic has yet to be presented publicly.
7. An 𝘂𝗻𝗮𝗻𝗻𝗼𝘂𝗻𝗰𝗲𝗱 change in the formulation of Chicken Feed by the world's largest producer (Purina) resulting in affected hens cumulatively laying few to NO eggs.
8. At least 7 attacks on Regional Water Processing Plants in various areas of the Country over the last 2 years - attacks that have been physical and/or cyber in nature.
9. "Suddenly" anyone with the desire is permitted to float hi-tech surveillance equipment over some of our most secured Military facilities. And the uptick is explained away by asserting that "we changed the settings on our radar sets." So how long has this covert activity been going on and do you (our "leaders") actually expect us to believe that you have not been aware of this espionage up until now? Puh-leeeez.
I could list more (I didn't even touch on the Financial side - myriad examples of malfeasance/incompetence/purposeful destruction represented by actions undertaken and completed by the FED, the Central Banks and our "Lawmakers"), but you get the idea. For the doubters and haters out there - do your own research, not my job to wake you up to Reality. Tucker Carlson (the evil White Supremacist) had a great summary of many of these facts and more in a segment last week. Go find it if you doubt me. Or not. Just keep your head in the sand and your ass in the air - I'm beyond caring what your side thinks.
Now - for the icing on the cake:
A. An OPEN BORDER that allows anyone and everyone to pass through and enter the interior of our Nation with basically NO QUESTIONS ASKED. It is a dream come true for our enemies who, IMO, 𝗵𝗮𝘃𝗲 declared that "undeclared" war on us after long-last, and are currently staging troops and material for the final push. Or even just staging individuals and supplies to instigate sabotage and mayhem when the signal goes out.
B. The bought-and-paid-for Traitor in the White House (and his domestic enemy cohorts) have made a HUGE dent in out Military Reserves & Readiness - Reduced Weapons & Weapons Systems (cuz muh Ukraine), depleted Ammunition (cuz muh Ukraine) and (due to WOKE Policies), dangerous results in the quantity and quality of new and remaining soldiers. This last issue is thanks to DEI Directives from the owners of the Pentagon and the 𝗖𝗢𝗠𝗣𝗟𝗘𝗧𝗘 𝗕𝗦 convid "vaxx" mandates that saw most of the remaining Patriots in our Armed Forces get released with "Other Than Honorable" discharges.
C. The Pissing Away of our SPR in a misguided yet totally planned effort to secure votes and "popularity." The piece of garbage who benefitted most from the steal in '20 has/is weakening us in this vital area RIGHT BEFORE OUR EYES.
So are we at War? I would posit that the answer is NO. For WAR, it takes two to tango. Our "media" and "leaders" have effectively distracted the populace to the point where very few will ever bother to connect these glaring dots. 𝗪𝗵𝗲𝗿𝗲 𝘄𝗲 𝗮𝗿𝗲 𝗶𝘀 𝗩𝗘𝗥𝗬 𝗻𝗲𝗮𝗿 "𝗠𝗶𝘀𝘀𝗶𝗼𝗻 𝗔𝗰𝗰𝗼𝗺𝗽𝗹𝗶𝘀𝗵𝗲𝗱" 𝗳𝗼𝗿 𝗼𝘂𝗿 𝗲𝗻𝗲𝗺𝗶𝗲𝘀 𝗮𝗿𝗼𝘂𝗻𝗱 𝘁𝗵𝗲 𝘄𝗼𝗿𝗹𝗱. I don't see us recovering from this, even WITH a 2nd Civil War or Revolution to remove the domestic enemies and Traitors in our midst.
If we survive long enough to look back on any of this, never forget that our downfall and demise was brought about, 𝗮𝗹𝗺𝗼𝘀𝘁 𝗧𝗢𝗧𝗔𝗟𝗟𝗬, by the dimocrat party and their subversive, stupid beliefs and policies. The Left is proving to be a terminal cancer friends. And shame on us for letting it metastasize.
Sorry to be a buzzkill, but I'm not very optimistic. Trying to maintain Faith, Peace and Happiness when and where I can...
The United States had its coup. However, it wasn't the Trump Circus (January 6th) televised non-stop on the idiot box. The globalist deep state faction rigged the election and got their puppet, Joke Biden, elected. As the puppet, Joke's making zero decisions. This is by far the most rogue regime I've lived under in my lifetime. They're playing the odds and so far its working out for them. About 30% of the population will go along with anything so they just need to recruit another 20% to maintain their power. There won't be any reforming this monster, its way past that. I'm rooting for a complete financial collapse. As long as these miscreants have the printing press all they need is their 20% of useful idiots. A state secession movement sounds great, but I wouldn't put it past these miscreants to go full Lincoln. The best gift our generation can leave to our children is to hasten the demise of this diseased empire. Tu ne cede malis sed contra audentior ito; "do not give in to evil but proceed ever more boldly against it."
“Disaster-Tipping-Point Tomorrow !!”warnings from, expert advisers, wizard economists and clairvoyants, by the hundred.
Events of doom, which seem often squib out by tomorrow.
My ‘Gunna-be-Rooned’ meter’s battery, must have gone flat.
It’s trigger warnings, are now farts & are get ‘Call Wolf’ ignored, just like everything ‘Biden-the-Near- Deceased-Mummy’ mumbles, or then the lies his nursing team minders, splutter.
So glad I was brought up with, Keystone Cops, Groucho & Co, Beverly Hill Billies and the Goon Show.
They taught us all, what ‘serious’ stuff really is...
There is little doubt that the next 5-10 years is going to be hard economically for most and down right crushing for others. I wish it wasn't so but the over-educated, credentialed and self acclaimed elite seem unable to see their own corruption while claiming to have only the best at heart for the American citizen. Yeah... they seek only to save themselves.
The good news is that salt of the earth citizens are peeling off one by one as they feel the tyranny of masks, vaccine mandates, social justice dogma, critical race theory hatred, censorship, propaganda, unending fear porn and lies, lies and more lies from all manner of institutions and government.
I'm optimistic that these "elites" are going to destroy themselves as they seek advantage that they do not deserve and cannot sustain due to their abhorrent behaviors.
Their geopolitical maneuverings assure the destruction of their empire in time. Some of the most brilliant men throughout history knew well that chasing Russia and China into each others arms would ultimately mitigate our ability to project power into Mackinder's Heartland.
Not to fret, might this lead in time to the renewal of the "Old Republic"... might it lead to American leaders and citizens focused once again on American renewal... might it lead to peace... one can dream can't they?
Talking about generals, they assassinated George Patton and he was the hope for the world. If we had let him and McArthur alone, we would not be in the shape we are in. Just sayin'
Wow PG! Never expected you to lower yourself to such liberal childishness 😳…you should know true conservative’s would never be brought to such behavior.
Well said, Bill. A big picture variable I would suggest is China + India is a cultural chasm that won’t be bridged in our lifetimes. Near term convenience - by the numbers - could make sense but tough to imagine a systemic alliance between these two monoliths. If we had competent statesmen (hah!), that could be a real opportunity for the USA.
The folly of our empire began long before "Biden the Conqueror"
It would have been a wiser decision to ally with Russia long ago as the USSR broke apart in order to stymie the Chinese juggernaut. Now we have the most populace countries and some of richest mineral resources (don't forget the Saudis and Iran on with them too) aligned against the west's infinite wisdom. None of the members of the Eurasian cabal give a shit about climate change much less finance its mitigation lunacy. Our currency is next on their agendas as they stockpile gold and circumvent a war we had no business starting. Someday we will wake up and ask ourselves what the hell did we kill all those Ukrainians for? Just don't ask Goldman, JPM or MS. Maybe Hunter knows.
It is more likely that the release of millions of barrels of oil from the SPR caused the price of gasoline to go up. Why? First of all, over half of the cost of a gallon of gasoline is in refining and distribution, with the remaining 40-50% coming from the cost of a barrel of oil. Refining capacity has been near its’ upper limit for the past 2 years, due in no small part to the shuttering of some refineries by the Biden administration and the nixing of permits to build new capacity. This has been a significant factor in the rise of gasoline and diesel prices and has nothing to do with oil supply. Furthermore, the release of 260 million barrels of oil from the SPR in a relatively short period of time has caused significant disruption to an already strained oil distribution system. Trains and trucks were diverted from their normal distribution networks to handle the sudden demands of SPR distribution. Refinery operations were also disrupted by new supply and grades of oil that differed from current production orders and schedules. Domestic distribution prices soared in 2022 as a result, for all oil not just SPR sourced oil, as distributors took advantage of the disruptions and equip shortages to raise prices. We also know that the SPR release had little or no impact on oil futures or the spot price of crude from any source.
Tell us again Mr. Biden how the release of all that emergency oil supply is benefiting America and Americans.
"One of them is the creation of a huge new rival – India, China and Russia combined – aiming to take the US down a peg."
Are we already in a new 21st-Century type of war and just haven't noticed it yet? You decide from this 𝙞𝙣𝙘𝙤𝙢𝙥𝙡𝙚𝙩𝙚 𝙡𝙞𝙨𝙩 of ACTUAL EVENTS and CIRCUMSTANCES that have occured since the election of 2020 was stolen and a bought-and-paid-for TRAITOR was installed in the White House:
1. 100+ Food Processing Plants burning down or otherwise mysteriously being put out of production.
2. Over 1,000 train derailments within the Continental US in the last 14 months.
3. Nearly a dozen Energy Substations being attacked and Energy Grids going down in disparate areas around the Country.
4. Bill Gates and Chinese Interests purchasing 860,000+ acres of Farmland/Farms in the Continental US, the majority of it being allowed to go fallow since the change in ownership.
5. Cyber "Attacks" on our Aviation Infrastructure resulting in 1000's of delays and cancellations during some of the busiest traveling seasons.
6. 58 BILLION+ Chickens being euthanized in response to an ALLEGED outbreak of Bird Flu - 𝗩𝗘𝗥𝗜𝗙𝗜𝗘𝗗 documentation for this Hendemic has yet to be presented publicly.
7. An 𝘂𝗻𝗮𝗻𝗻𝗼𝘂𝗻𝗰𝗲𝗱 change in the formulation of Chicken Feed by the world's largest producer (Purina) resulting in affected hens cumulatively laying few to NO eggs.
8. At least 7 attacks on Regional Water Processing Plants in various areas of the Country over the last 2 years - attacks that have been physical and/or cyber in nature.
9. "Suddenly" anyone with the desire is permitted to float hi-tech surveillance equipment over some of our most secured Military facilities. And the uptick is explained away by asserting that "we changed the settings on our radar sets." So how long has this covert activity been going on and do you (our "leaders") actually expect us to believe that you have not been aware of this espionage up until now? Puh-leeeez.
I could list more (I didn't even touch on the Financial side - myriad examples of malfeasance/incompetence/purposeful destruction represented by actions undertaken and completed by the FED, the Central Banks and our "Lawmakers"), but you get the idea. For the doubters and haters out there - do your own research, not my job to wake you up to Reality. Tucker Carlson (the evil White Supremacist) had a great summary of many of these facts and more in a segment last week. Go find it if you doubt me. Or not. Just keep your head in the sand and your ass in the air - I'm beyond caring what your side thinks.
Now - for the icing on the cake:
A. An OPEN BORDER that allows anyone and everyone to pass through and enter the interior of our Nation with basically NO QUESTIONS ASKED. It is a dream come true for our enemies who, IMO, 𝗵𝗮𝘃𝗲 declared that "undeclared" war on us after long-last, and are currently staging troops and material for the final push. Or even just staging individuals and supplies to instigate sabotage and mayhem when the signal goes out.
B. The bought-and-paid-for Traitor in the White House (and his domestic enemy cohorts) have made a HUGE dent in out Military Reserves & Readiness - Reduced Weapons & Weapons Systems (cuz muh Ukraine), depleted Ammunition (cuz muh Ukraine) and (due to WOKE Policies), dangerous results in the quantity and quality of new and remaining soldiers. This last issue is thanks to DEI Directives from the owners of the Pentagon and the 𝗖𝗢𝗠𝗣𝗟𝗘𝗧𝗘 𝗕𝗦 convid "vaxx" mandates that saw most of the remaining Patriots in our Armed Forces get released with "Other Than Honorable" discharges.
C. The Pissing Away of our SPR in a misguided yet totally planned effort to secure votes and "popularity." The piece of garbage who benefitted most from the steal in '20 has/is weakening us in this vital area RIGHT BEFORE OUR EYES.
So are we at War? I would posit that the answer is NO. For WAR, it takes two to tango. Our "media" and "leaders" have effectively distracted the populace to the point where very few will ever bother to connect these glaring dots. 𝗪𝗵𝗲𝗿𝗲 𝘄𝗲 𝗮𝗿𝗲 𝗶𝘀 𝗩𝗘𝗥𝗬 𝗻𝗲𝗮𝗿 "𝗠𝗶𝘀𝘀𝗶𝗼𝗻 𝗔𝗰𝗰𝗼𝗺𝗽𝗹𝗶𝘀𝗵𝗲𝗱" 𝗳𝗼𝗿 𝗼𝘂𝗿 𝗲𝗻𝗲𝗺𝗶𝗲𝘀 𝗮𝗿𝗼𝘂𝗻𝗱 𝘁𝗵𝗲 𝘄𝗼𝗿𝗹𝗱. I don't see us recovering from this, even WITH a 2nd Civil War or Revolution to remove the domestic enemies and Traitors in our midst.
If we survive long enough to look back on any of this, never forget that our downfall and demise was brought about, 𝗮𝗹𝗺𝗼𝘀𝘁 𝗧𝗢𝗧𝗔𝗟𝗟𝗬, by the dimocrat party and their subversive, stupid beliefs and policies. The Left is proving to be a terminal cancer friends. And shame on us for letting it metastasize.
Sorry to be a buzzkill, but I'm not very optimistic. Trying to maintain Faith, Peace and Happiness when and where I can...
The United States had its coup. However, it wasn't the Trump Circus (January 6th) televised non-stop on the idiot box. The globalist deep state faction rigged the election and got their puppet, Joke Biden, elected. As the puppet, Joke's making zero decisions. This is by far the most rogue regime I've lived under in my lifetime. They're playing the odds and so far its working out for them. About 30% of the population will go along with anything so they just need to recruit another 20% to maintain their power. There won't be any reforming this monster, its way past that. I'm rooting for a complete financial collapse. As long as these miscreants have the printing press all they need is their 20% of useful idiots. A state secession movement sounds great, but I wouldn't put it past these miscreants to go full Lincoln. The best gift our generation can leave to our children is to hasten the demise of this diseased empire. Tu ne cede malis sed contra audentior ito; "do not give in to evil but proceed ever more boldly against it."
Keep getting so many .....
“Disaster-Tipping-Point Tomorrow !!”warnings from, expert advisers, wizard economists and clairvoyants, by the hundred.
Events of doom, which seem often squib out by tomorrow.
My ‘Gunna-be-Rooned’ meter’s battery, must have gone flat.
It’s trigger warnings, are now farts & are get ‘Call Wolf’ ignored, just like everything ‘Biden-the-Near- Deceased-Mummy’ mumbles, or then the lies his nursing team minders, splutter.
So glad I was brought up with, Keystone Cops, Groucho & Co, Beverly Hill Billies and the Goon Show.
They taught us all, what ‘serious’ stuff really is...
Thank you Bill as always for your insights.
There is little doubt that the next 5-10 years is going to be hard economically for most and down right crushing for others. I wish it wasn't so but the over-educated, credentialed and self acclaimed elite seem unable to see their own corruption while claiming to have only the best at heart for the American citizen. Yeah... they seek only to save themselves.
The good news is that salt of the earth citizens are peeling off one by one as they feel the tyranny of masks, vaccine mandates, social justice dogma, critical race theory hatred, censorship, propaganda, unending fear porn and lies, lies and more lies from all manner of institutions and government.
I'm optimistic that these "elites" are going to destroy themselves as they seek advantage that they do not deserve and cannot sustain due to their abhorrent behaviors.
Their geopolitical maneuverings assure the destruction of their empire in time. Some of the most brilliant men throughout history knew well that chasing Russia and China into each others arms would ultimately mitigate our ability to project power into Mackinder's Heartland.
Not to fret, might this lead in time to the renewal of the "Old Republic"... might it lead to American leaders and citizens focused once again on American renewal... might it lead to peace... one can dream can't they?
Talking about generals, they assassinated George Patton and he was the hope for the world. If we had let him and McArthur alone, we would not be in the shape we are in. Just sayin'
Jefe , you criticize the sanctions taken to Russia .
In my opinion the USA and the Europe had three choices .
1 : Do nothing and let the Ukrainians sort it out their problems
2. Defends Ukraine by sending NATO troops and arms in the fields
3 Sanctions
Now I would have choose number 3
And if the consequences is high énergie price ... I ll walk instead to buy there oil and gas . That s my option base on my value .
You often very often criticize what the west did , but I don’t read what would you would have done .
Wow PG! Never expected you to lower yourself to such liberal childishness 😳…you should know true conservative’s would never be brought to such behavior.
Why did I stop receiving emails announcing new BPR newsletters?
I'm a paid subscriber.
I tough that réserves were there to be use when necessary , any reserve , oil , water , monnaie
We like Ike!
Well said, Bill. A big picture variable I would suggest is China + India is a cultural chasm that won’t be bridged in our lifetimes. Near term convenience - by the numbers - could make sense but tough to imagine a systemic alliance between these two monoliths. If we had competent statesmen (hah!), that could be a real opportunity for the USA.
Trillions spent on defense that can be hacked by a balloon, is that correct?