President Joe Biden, 79, said the price of freedom is high, making a colossal excuse for the $40 billion boondoggle called the Ukraine War. Biden says Americans must sacrifice, do with less and accept hyper-inflation to save freedom on the European Continent. No one call sell such nonsense other than Biden who the media gives a free pass because he’s an aging Democrat, too old and feeble to criticize, that’s only left for Republicans. But Biden’s suggestion that today’s inflation, slow growth and hyperinflation are due to 69-year-old Russian President Vladimir Putin is preposterous. No one forced Biden to fund the Ukraine government and a proxy war against the Russia Federation because 44-year-old neophyte President Volodymer Zelensky can’t get along with Putin. Biden should have told Zelensky to work out his border problems with the Kremlin.
` Whatever the consequences to the Ukraine War, it’s clear that Biden exacerbated his own spiteful energy policy, shifting away from former President Donald Trump’s domestic energy independence, building up the U.S. fracking industry. When Biden took office Jan. 20, 2021, he immediately cancelled the Keystone XL Pipeline designed to ferry oil from Hardesty, Canada to the Gulf of Mexico, to further U.S. energy independence. Biden gave the typical Democrat blather about alternative energy, shifting U.S. priorities away from fossil fuels. Once he hit Russia with extreme sanctions, essentially boycotting Russian oil, energy prices went through the roof, since Russia supplies some 25% of U.S. and EU oil. Removing Russian oil from Western markets created widespread shortages and skyrocketing prices, fueling the worst inflation in 40 years, something easy to figure out.
Yet if you ask Biden, he blames Putin for the inflation and stagflation in the U.S. and Europe. No one forced Biden to fund the bankrupt Ukraine government or fund a proxy war against the Russian Federation. What did Biden think would happen when he decided to fund a proxy war against the Russian Federation with the intent of weakening the Russian military? Did Biden think Putin would roll over without a fight? Biden committed billions in U.S. taxpayer funds, or to be more accurate, borrowed cash from the Treasury, to fund his madness in Ukraine. No American citizen should buy Biden’s feeble excuse of preserving democracy. Biden’s war policies have decimated Ukraine, leading to a fast-moving train-wreck with Zelensky losing his Black Sea coast to the Putin. Ukraine, because of Biden’s war, finds itself land-locked from Kiev, cut off from its strategy coast.
Whatever Putin did Feb. 24 to invade Ukraine, he did it to protect Russian national security. Putin watched the U.S. and NATO giving Ukraine unlimited lethal weapons knowing, one day, they’d be turned on Russia. Yet Biden continues to call the Ukraine War “unprovoked and unjustified,” when Putin asked Biden for months before the invasion to work out new security arrangements. Biden told Putin his ideas were all “non-starters.” But the real problem with hyperinflation in the U.S. stems from the fact that Biden continues to starve the U.S. of fossil fuels, needed to land good to market through trains, planes and trucks. Doubling gas prices in the last six months has had a devastating effect on inflation, something Biden could stop in heartbeat. All Biden would have to do is tell Zelensky he’s no longer going to fund the Ukraine government and war against the Russian Federation.
Biden’s too dug in to his failed Ukraine policy to switch gears without admitting catastrophic failure, which is self-evident. Ukraine has suffered by following Biden’s policy to take on the Russian Federation. No one in their wildest dreams could imagine that Biden would take on the Russian Federation. Yet Biden’s March 26 Freudian Slip in Warsaw, Poland expressed his true feelings about Putin. Biden said there was no way Putin should stay on as Russian President. Once month later, 69-year-old Defense Secretary Lloyd Austin confirmed Biden’s gaffe was not a mistake but actual U.S. policy, admitting that the aim of the Ukraine War was to degrade the Russian military to the point it could no longer wage war. If that’s not a declaration of war against the Kremlin, then what is? Giving Zelensky unlimited lethal weapons and cash has only made a bad situation worse for Ukraine.
Biden’s Ukraine War has fueled the worst inflation in 40 years, skyrocketing gas prices and causing all shipped commodities to go up in price. If Biden cares about inflation, he’s tell Zelensky that the war must be resolved at the peace table, not on the battlefield. Swiss-based bond giant Allianz SE’s 63-year-old chief strategist Mohamed El-Erian said Central Banks’ rate hikes were long overdue to stave off inflation. But El-Erian doesn’t see that since the 2008 financial collapse, world economic markets dealt with deflation, a lowering of prices due to weak consumer demand. El-Erian isn’t looking now at how the Ukraine War fuels the global inflation by starving markets of necessary fossil fuel supplies, driving up energy price and everything else. While there’s little chance Biden will stop the Ukraine War anytime soon, the world will eventually figure out what’s really fueling hyperinflation.
