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BIDEN DENIES CAUSE OF INFLATION

President Joe Biden said today that the U.S. is in a better position than any country to beat the current round of runaway inflation, completely denying that the Ukraine War, and Russian oil embargo, is the primary cause of inflation. “First of all, it’s not...

FED RATE HIKES FORECAST RECESSION

Hitting markets with a 75 basis-point rate hike last week, 69-year-old Federal Reserve Board Chairman Jerome Powell signaled his plans to get a handle on the 8.6% inflation rate, the biggest in 40 years. Some economists hoped for a “soft landing” but now looks like...

STOLTENBERG SAYS WAR COULD TAKE YEARS

NATO Secretary-General Jens Stoltenberg, 63, warned yesterday that the Ukraine War could take years to resolve, urging NATO countries to continue backing Ukraine. Stoltenberg’s heading out the door Dec. 31 to become the head of Norway’s Central Bank. Stotenberg’s...

BIDEN’S RUSSIA OIL EMBARGO FAILS

All of 79-year-old President Joe Biden’s threats against he Russian Federation for its Ukraine War have backfired, with China and India, more than making up for a loss of Russian oil revenue from the U.S. and European Union [EU]. Biden pushed, cajoled and threatened...

BIDEN BLAMES PUTIN FOR U.S. STAGFLATION

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...