Our friends, the Saudis, appear to be playing geopolitical Keep Away with Presidentish Joe Biden and America’s energy security — with an assist from Russian strongman Vladimir Putin.

You remember how to play Keep Away, don’t you? Two or more kids toss a ball back and forth, with a third kid in the middle trying to intercept the ball. Oftentimes, the kid in the middle didn’t actually want to play. Two bigger kids would come along, snatch his ball, and force the smaller kid into a game he couldn’t win.

Biden is the smaller kid. The ball is oil prices. The bigger kids are Saudi Crown Prince Mohammed bin Salman and Putin.

A few weeks ago, I mentioned that I’d been thinking of Biden while filling my gas tank to the tune of $50 when it still had a couple of gallons left. Prices were up back then – and up more since – despite Biden “emptying our Strategic Petroleum Reserve to force down gas prices in time for the midterms,” with the promise to “fill ‘er back up once prices dropped low enough.”

“Yeah, about that,” I concluded, “The SPR is probably never going to be refilled.”

What I didn’t know until this morning is that’s true in part because of actions taken by Riyadh and Moscow.

Biden released oil from the SPR at record rates in 2022. He ordered so much oil released (some of which ended up in China) that he cut our strategic reserves in half. It hasn’t been so low since 1983.

The White House plan, such as it was, was to replace the 250+ million barrels that Biden siphoned off once oil prices were “at or below $67 to $72 per barrel.”

ASIDE: President Trump asked Congress for money to top off the SPR in 2020, when C***D lockdowns forced oil prices down to about $24. “We’re going to fill it right up to the top — saving the American taxpayer billions and billions of dollars, helping our oil industry,” Trump said at the time. House Speaker Nancy Pelosi refused. Oil now costs more than triple what it did then.

Here’s where it gets funny, assuming you’re in a dark enough mood to laugh at our misfortune.

On Tuesday, the White House announced that they would not, after all, buy six million barrels to replace a tiny fraction of what Biden pissed away — because prices mysteriously shot up too far above his $72 target.

Guess what researchers at The Kobeissi Letter noticed.

“On June 9th,” they tweeted, “the US refilled 6 million barrels of the SPR, still well below the 250 million+ that have been drained. At the time, oil prices were right around $70 which is in the price zone that the US wants to refilled [sic] the SPR.”

“Promptly thereafter… Saudi Arabia and Russia extended recent crude oil production cuts,” they wrote, and this “is the 6th time that OPEC has taken action when oil prices hit the $67 to $72 zone this year. Could this be a coincidence?”

No, because “Every single time oil prices fell to $67-$72,” according to Kobeissi, “OPEC took action. Most recently, on July 3rd, Saudi Arabia and Russia agreed to voluntarily extend production cuts. Now, the US can no longer fill the reserve, AGAIN.”

The real kicker is that as recently as this May — that’s the most current data available — Biden was still tapping the SPR. Reserves were down about another nine million barrels from April.
Just like the cruel kids picking on the smaller one, bin Salman’s game of Keep Away might be personal. Trump’s former Secretary of State Mike Pompeo warned last year: “Biden calling Saudi Arabia a ‘pariah’ state is an ‘enormous mistake.’” And indeed, when Biden went hat-in-hand last year to beg the Saudis to pump more oil and reduce prices, they laughed and laughed — all the way to the bank.

The irony is that the Saudis were our silent Cold War partners in toppling the Soviet Union.
While the ’80s triumvirate of Western leadership — Reagan, Thatcher, Pope John Paul II — deservedly get most of the credit for ending detente and winning the Cold War, the Saudis did their bit, too. They led OPEC into dropping oil prices below the USSR’s much higher production costs. Oil was (and still is) Moscow’s major source of income, and Riyadh helped us break the Evil Empire’s bank.

Now we’re in Cold War II but the Middle East is realigning away from the West and towards Moscow and Beijing. That’s because they see Biden — vain, feckless, and shortsighted — as the weak kid they get to torment in the world’s biggest game of Keep Away.

“Bidenomics” Is A Fraud Based On Deliberately Misrepresented Stats


Economic issues are some of the most politically abused issues often because the data politicians exploit is easy to present out of context. The vast majority of the public doesn’t spend their time immersed in the intricacies of monetary policy, unemployment stats and the processes of inflation vs deflation. They hear a soundbite on the news or social media once in a while, assume it must be true and then go on with their day.

This is how economic crisis events always seem to take the population by surprise – The establishment tells people all is well and no one questions the narrative in the face of numerous warning signs. Sometimes, the populace continues to believe that everything is fine despite the financial framework burning down around them, all because the “experts” continue to convince them that recovery is “right around the corner.”

There are numerous incentives for government officials and mainstream economists to mislead the citizenry with tales of imminent prosperity in the midst of instability. Primarily, the goal is to keep the middle-class population as docile as possible so that they don’t revolt until it’s too late (the middle class being predominantly conservative, and the greatest threat to any corrupt regime). Understand that economics is the root of power, and economic perception is the key to influencing the masses.

Hidden Indicators And Rampant Money Printing

The reality is that the US was hurtling towards stagflationary disaster ever since the crash of 2008, when Barack Obama and Joe Biden (with the help of the Federal Reserve) oversaw the near doubling of the national debt from $10 trillion to almost $20 trillion – The most egregious abuse of monetary policy that the US had ever seen.

And, keep in mind this was only the officially reported cash. Because of pressure brought by people like Ron Paul in 2011, the government was forced to pursue a limited audit of the Federal Reserve bailouts at that time. This revealed at least $16 trillion created from nothing by the Fed to prop up the failing system.

In 2006, right before the derivatives collapse, the Federal Reserve conveniently and abruptly ended their M3 money supply report. They now only report the M2 money supply, which does not include the vast assets held in corporate coffers, large time deposits in banks, institutional money market funds, short-term repurchase agreements (repo), and larger liquid assets. It was as if they knew an inflationary event was about to take place and they needed to obscure the evidence.

In other words, in economics there is the “official government data” and then there is the REAL data, which is sometimes so hidden it is impossible to quantify.

Even if we only go by the M2 report, the money supply skyrocketed starting in 2020, and rose exponentially through 2021 and 2022 – It jumped by 40% in only two years. This is why the cost of most necessities has risen 25% or more.

I’m sure most have noticed that inflation is not going away despite Joe Biden’s claims that he has “cut inflation in half” under his “Bidenomics” plan. This is because inflation is cumulative. The CPI might fluctuate, but the effects of inflation remain as prices tend to increase and stay high perpetually.

There Is No Such Thing As “Bidenomics”

The supposed financial progress that Biden is trying to take credit for has nothing to do with Biden’s policies. Not a thing. Unless, of course, you count market manipulation as a positive.

For example, the reduction in CPI is directly related to the continuous interest rate hikes of the Federal Reserve, which Biden has zero control over. The Fed is autonomous and makes its decisions independent of the White House or government. This is a fact openly admitted by former chairman Alan Greenspan. When the fed raises rates, debt becomes more expensive, lending slows down and thus the economy slows down.

One of the only ways that Biden can influence CPI is through artificial deflation of energy prices. The Biden Administration has been dumping US strategic oil reserves on the market for the past year as a means to suppress oil prices, thereby directly and indirectly keeping the CPI numbers down. This is not progress, it’s economic fraud.

The misuse of stats extends to other sectors, such as Biden’s attempt to take credit for the recent reduction in the US deficit. Again, this has nothing to do with Biden; the Fed’s interest rate hikes make it more expensive for the government to take on debt, therefore, debt spending drops.

It’s also not a situation that signals a recovery in the economy – The Fed continues to hike rates supposedly to stall inflation, but higher rates in a debt heavy environment lead to inevitable deflationary upheaval. As I predicted a year ago, the Fed is continuing to increase interest rates until this happens.

Employment Miracle Or Employment S**m?

This issue has been brought up by many analysts but I’ll touch on it again here because Biden is relentless in his falsehoods when it comes to employment data. FACT: 72% of all “new jobs” Biden takes credit for were originally lost during the p******c lockdowns. The very lockdowns which Democrats avidly enforced and tried to keep in place perpetually. You can’t take credit for “creating” jobs that you are responsible for destroying.

In terms of higher labor demand, the pressure is in low wage service sector jobs and these are the majority of jobs added since Biden took office. And, this rush into retail/service was purchased with $8 trillion+ in c***d stimulus cash along with a moratorium on rent and student loan payments. That much extra money in circulation buys at least a few years of consumer spending, propping up jobs numbers.

Throughout history, such gains from inflationary actions and government interventions are always short term, and they always end with a dramatic plunge in employment once the effects subside.

Biden’s F**e Manufacturing Boom

Biden has recently touted a jump in US manufacturing as the latest achievement of Bidenomics, but like every other claim he makes, you have to look at the context. These are not free market manufacturing facilities built according to market demand. Rather, Biden is pumping billions of taxpayer dollars into green tech, once again artificially engineering a “manufacturing boom” through government subsidies for products that have limited demand.

Biden wants to rig the demand, too, by enforcing climate laws which make gas, oil and coal sources too expensive and solar panels and wind turbines cheaper by comparison. For example, Biden is increasing costs for oil and gas exploration on federal lands, while greatly lowering the prices for building solar farms on federal lands. In other words, the government uses your money to create factories for green tech and then creates laws which force people to use that green tech.

In the meantime, Joe’s manufacturing “boom” paid for with tax dollars also comes at the cost of America’s oil, gas and coal industries, not to mention less energy freedom for the general public. It’s socialism, not a revolution in domestic manufacturing.

For Biden, The Key Is To Create As Many Government Cash Injections As Possible Until 2025

You want to know why Democrats are so angry that the Supreme Court blocked Biden’s plan to make taxpayers cover student loan debts? It’s not because they care about naive college kids who paid too much money for garbage degrees – It’s because student debt relief would immediately add trillions more in spending in the short term to the US economy.

An interesting side effect of the college loan moratorium is the surprising credit boost – As soon as college loan payments were put on hold, millions of former students had their credit ratings increase by default. Meaning, they could now hike their credit limits and spend MORE money they don’t have. It’s an incredibly sneaky way to artificially prop up the system WITHOUT using direct stimulus measures that rely on the central bank. This false boost will disappear by October of this year.

Biden’s constant attempts to introduce infrastructure programs are another way the government can create the illusion of recovery by using debt spending as a means to mitigate the signals of greater fiscal decline. Without Fed stimulus it’s the only option Biden has, and as rates rise it becomes costly.

The bottom line is this – The US economy is on a short timetable as long as the Fed continues to raise interest rates into weakness as a means to suppress inflation. As we witnessed in the spring, higher rates are already breaking the back of mid-tier banks across the western world and the Fed’s backstop funds are only enough to stall the debt crisis for a time. I predict that once the Fed Funds Rate is raised to 6% or more, we will once again see a banking calamity similar to the 2008 crash, but this time if the Fed steps in with a bailout hyperinflation will be the immediate result.

Bidenomics is a sham in every respect. Anything that could be considered an economic improvement is due to the Federal Reserve playing the odds with interest rates. A massive 40% increase in the money supply sure helps in obscuring fiscal weakness as well. Luckily, nearly 60% of Americans in recent polls say they aren’t buying the Bidenomics fairytale – They see the dangers around them every day.

The c***d event was a catalyst that revealed all the weaknesses of the US system that many in alternative economics have been warning about for years. And now it seems as if the establishment is trying to d**g things along for just a little while longer. The reason why is up for speculation, but the fact remains that a broken structure cannot be propped up with stop gaps. I’m doubtful that Biden will be able to ride the wave created by c***d stimulus until the end of 2024. Something has to give.