Does China Control America’s Strategic Petroleum Reserves?


Posted originally on Apr 19, 2024 By Martin Armstrong 

Sen. Eric Schmitt, R-Mo. Reminded the US Energy Secretary, Jennifer Granholm, “We are not governed by a world government – yet!” The Biden Administration consulted with China before selling off America’s strategic petroleum reserves. In 2021, Granholm admitted that she spoke with the Chinese Communist Party about coordinating how America would handle its nation’s highly sensitive emergency oil reserves.  “Does [China] call you to ask about decisions on what to do with their strategic petroleum reserve?” Schmitt questioned.

Granholm followed the Biden Administration protocol and blamed Russia’s invasion of Ukraine. She stated that America was simply insisting that the world operate in a coordinated effort to supply other nations with oil amid a shortage, a shortage that was directly caused by the West. China now has a large stockpile while America has a depleted supply. The reserves have been depleted for years and the people in charge never bothered to replenish America’s stockpile.

Instead, 900,000 barrels were sold to China through Sinopec, a Chinese corporation “which in turn had received billions of dollars from BHR Partners.” This private equity firm just so happens to be co-founded by none other than Hunter Biden, who owns a 10% stake in the company. The public must realize the implications of having a president who has been bought and paid for. I do not criticize Hunter or Joe to simply dismiss the Democrats, I have been trying to expose how major decisions regarding America’s future have been biasedly made by people profiting from shorting America.

It seems as if Joe Biden is making it increasingly easier for China to succeed at the expense of America. The latest round of proposed tariffs will simply make it easier for China to shy away from trade with the US. China was once the largest debt holder of US national debt, a figure that continues to grow every second. China is no longer lining up to purchase our debt. Why would a nation buy the debt of its enemy? That is akin to pulling a gun on someone and asking them for money to pull the trigger.

The rule of law in America has been distorted and there are two tiers of justice. The Biden crime family is above the law. Did Joe Biden put America’s future at risk for personal profit? There MUST be a serious investigation into Joe’s ties with the CCP and Ukraine because we have not yet witnessed the full repercussions of having a treasonous commander-in-chief.

Ep 3281a – The [CB]/Biden Have Lost The Economic Narrative, The More They Do The Worse It Gets


Posted originally on Rumble By X22 Report on: Feb 12, 2024 at 9:30 pm EST

Biden Admin Announces Release of Additional $250 Million in Ukraine Funding – Plus Some Other Less Noticed Stuff


Posted originally on the CTH on December 27, 2023 | Sundance

An interesting set of details amid a few reports on Ukraine, with one very interesting White House announcement under section 621 of the Foreign Assistance Act of 1961 (FAA).

First, as previously discussed within the year-end National Defense Authorization Act (NDAA) there was a supplemental addition of $300 million more for Ukraine.

(VIA CBS) – The Biden administration Wednesday announced a $250 million military assistance package for Ukraine.

The aid package — the final of 2023 — will include arms and equipment, including air defense munitions, anti-armor munitions, ammunition for high mobility artillery rocket systems, and more than 15 million rounds of small arms ammunition, a State Department spokesperson said to CBS News.

“Our assistance has been critical to supporting our Ukrainian partners as they defend their country and their freedom against Russia’s aggression,” Secretary of State Antony Blinken said in a statement, urging Congress to “swiftly” approve further aid to Ukraine. (read more)

Then, there’s something rather interesting….

Remember how we’ve talked about Ukraine being somewhat of a money laundering operation; and the entire series of events being akin to “world war Reddit” without any visible ‘boots on the ground’ war correspondent reporting; and the highly visible structure of the CIA running the operation from Foggy Bottom with the Dept of State controlling the outcomes… Remember all that?

Now, check out this little slush fund:

WHITE HOUSE – “By the authority vested in me as President by the Constitution and the laws of the United States of America, including section 621 of the Foreign Assistance Act of 1961 (FAA), I hereby delegate to the Secretary of State the authority under section 614(a)(1) of the FAA to determine whether it is important to the security interests of the United States to furnish up to $20 million in assistance to Ukraine without regard to any provision of law within the purview of section 614(a)(1) of the FAA.” (link)

Who/what is that $20 million for?

Curiousor and curiousor….

POLITICO – “With U.S. and European aid to Ukraine now in serious jeopardy, the Biden administration and European officials are quietly shifting their focus from supporting Ukraine’s goal of total victory over Russia to improving its position in an eventual negotiation to end the war, according to a Biden administration official and a European diplomat based in Washington. Such a negotiation would likely mean giving up parts of Ukraine to Russia.

The White House and Pentagon publicly insist there is no official change in administration policy — that they still support Ukraine’s aim of forcing Russia’s military completely out of the country. But along with the Ukrainians themselves, U.S. and European officials are now discussing the redeployment of Kyiv’s forces away from Ukrainian President Volodymyr Zelenskyy’s mostly failed counteroffensive into a stronger defensive position against Russian forces in the east, according to the administration official and the European diplomat, and confirmed by a senior administration official.

This effort has also involved bolstering air defense systems and building fortifications, razor wire obstructions and anti-tank obstacles and ditches along Ukraine’s northern border with Belarus, these officials say. (MORE)

So, the official narrative has shifted from ‘winning‘ to ‘stalemate‘ to the more recent, ‘lose less’ and prepare for “giving up parts of Ukraine to Russia.”

Hmmm… What’s the DoS/CIA extra $20 million for, again?

Comrade Suspicious Cat remains, well, suspicious….

Biden Spent 40% of Presidency on Vacation


Armstrong Economics Blog/USA Current Events Re-Posted Sep 1, 2023 by Martin Armstrong

Karine Jean-Pierre must take a deep breath when Peter Doocy enters the room, hence why she rarely calls on him for a question. Doocy has become emboldened with his inquiries and is one of the only journalists willing to ask the tough questions. Doocy’s latest doozy: “It seems like the hurricane response so far is robust. Did you guys realize that the initial Hawaiian wildfire was not that good or is it just easier for people to get help from the White House when [Biden] is not on vacation?”

Biden’s propaganda specialist replied by saying the current administration replied in record time. “So, the premise of your question & the way you posed [it], I disagree…If you talk to…the governor…the folks on the ground, they would say…[he] reacted in record time,” KJP stated. Biden’s first response to the Maui fires was, “No comment.” The island was burning down and Biden sat idly on a beach Delaware for ten days without a care in the world. He offered the people of Maui $700, a mere fraction of what he gave to the people of Ukraine that same week, and did not rush to visit the island. The people did not want him to visit anyway.

The people of Maui booed Biden when he arrived and set up signs after he left to show how displeased they were. Biden made jokes about the ground being hot and then said he could empathize with the people who lost everything, as he once almost lost his corvette in a fire.

Joe Biden has spent 40% of his time in office on vacation. He has taken 360 vacation days since taking over the White House amid one of the worst multitudes of crises in US history. This proves that someone else is in control. No one in any occupation could take off 40% of the time and do their job effectively.

The Least Popular President in 70 Years        


Armstrong Economics Blog/Politics Re-Posted Jul 6, 2023 by Martin Armstrong

Every poll imaginable shows Biden and Harris steeply declining in popularity. Biden’s favorability is now lower than the past 13 presidents. I cannot imagine any sane person supporting him after what he has done to the nation in the past three years. No one can honestly say they are better off under Biden.

This man received more votes than any other president in US history. Despite his rapidly declining poll numbers, he refuses to campaign. His handlers know that they do not need to campaign because the election results have already been decided. They want to keep him far from the public eye because he embarrasses himself at every speaking engagement.

White House physician Kevin O’Connor stated Biden was “fit for duty,” but he clearly is in a state of cognitive decline. A YouGov survey showed 67% of voters, 48% of who identified as Democrats, believe Biden is too old to run for a second term. His age is the least of his worries as there is clearly an underlying degenerative disorder. Biden slipped up and admitted he “sold a lot of state secrets.” Information has been pouring in about Biden’s illegal dealings with Ukraine and China. He campaigned on the Build Back Better platform and has run America into the ground to the point where it will be extremely difficult to ever build it back, let alone better.

It really all comes down to finances. Biden has been on a rampage of a spending spree since he took office. None of his policies eased inflation. Shelter, food, fuel, and all the basic necessities of survival are at unsustainable levels. People may have hated Trump all they wanted, but at least they could afford to fill their fridges and pay rent. Under any other circumstance, the POTUS would campaign as much as their schedule permitted to win over the people. He is not doing that because they know a false flag event will happen before the 2024 US Presidential Election to ensure one of the least capable presidents in history remains in power.

US Households Paid an Additional $10K Under Biden Regulations


Armstrong Economics Blog/Politics Re-Posted Jun 30, 2023 by Martin Armstrong

University of Chicago professor Casey Mulligan recently compared regulatory records from the Obama Administration to now. Mulligan found that Biden has imposed the most costly regulations in recent history at a rate of $617 billion annually. Her research concluded that the average American household now pays $9,600 more under Biden.

This uptick in spending found in this study is solely due to regulation. If we were to factor in inflation, which Biden poured gasoline on (no pun intended), the figure would be even higher. The Build Back Better agenda comes at a cost to the people. Auto fuel and emissions standards compose one-third of total regulatory costs alone.

Trump attempted deregulation and saved the average American household $11,000 during his four-year term. Trump’s main regulatory initiative that was a costly mistake was Operation Warp Speed, which cost over $300 billion. “President Trump showed that regulatory costs can be subtracted rather than perpetually added,” the report states. “Four years of President Trump reduced regulatory costs by about $11,000 per household. Eight years would have saved a total of more than $21,000, which is a gap of $61,000 to $80,000 from the Biden trajectory.”

Biden had the audacity to tote “Bidenomics” at a recent speaking engagement. Clearly, his economic policies have put America in a dire situation. Biden plans to continue implementing costly regulations. Mulligan’s estimates also do not account for the coming war his administration is thrusting us into without just cause. The nation simply cannot afford to keep him in power. Too bad we don’t have the ability to determine our own elections.