Tuesday, June 21, 2022

* * * * * * JOE BIDEN: PUBLIC ENEMY #1 * * * * * *

 THE MAX ALLEN REPORT

-----------------------------------------------------------
Volume #1092                                        June 22, 2022

THE HYPER-INFLATION SITUATION

Oil prices, supply snags, & runaway government spending

One could list hundreds of reasons for our current hyper-inflation.  There are myriad elements working together to cause this.  However, there are two (2) key causes that bear the brunt of responsibility.  Both of these are directly linked to our 'cauliflower mentality' president, his handlers, and his handlers' handlers.

HIS PLAN TO DESTROY OUR NATION IS WELL UNDER WAY

Oil prices.  No sooner had Biden hijacked the White House did he shut down the Keystone XL Oil Pipeline, cancel federal oil leases, shut down oil exploration, production, and shipping.  His handlers knew full-well that the U.S. was about to go from energy independence to energy dependence.  They were also aware this would immediately drive up the price of oil and virtually every commodity and product.

At the heart of our world is petroleum -- oil.  Oil is used not only as motor fuel for cars, truck, trains, ships, and planes but it also lubricates all those machines and a whole lot more.  Oil is key to the manufacture of fabrics, medicines, and the cars, trucks, trains and planes that use oil as fuel.

PETROLEUM IS THE BASIS OF 80% OF OUR ECONOMY

Just one example: The farmer pays more for his electricity because it usually comes from oil and gas.  He pays more for motor fuel to run his tractors, harvesters, and other farm equipment.  He pays more for fertilizers, and eventually transportation of his products to processing facilities or to market.  Motor fuel brings products to the packing houses, also stricken by higher energy and oil products.  The products used to process and pack such as cellophane, Styrofoam, pressboard, and a myriad of other applications also costs more due to increased material costs brought about by ... you guessed it ... increased oil costs.

Now that food goes to your local grocery store where it is again transported by train, truck or plane, all of which use motor fuel made from oil.  Costs climb here, but they don't end there.  The store has to refrigerate or store these foods and their electric costs go up accordingly due to the fact that most American electrical energy is derived from Oil and Gas.  Finally, don't forget your own reduced buying power from a shrinking dollar and the astronomical cost of gasoline for the family car, van, or truck.  That's up over 100% under the current 18-month-old administration.

JOE SMILES AS THE DOLLAR SINKS INTO THE SUNSET

I've barely touched the surface of the damage Biden's oil embargo has done to this country, but there's another equally dangerous force at work, also Biden based.  That is 'runaway government spending'.  Here we have a president, congress, and senate spending money like drunken sailors!

Runaway spending.  With no real budget and a blank check book our government has been printing money at a totally unsustainable rate.  Our national debt has topped forty trillion dollars and there appears to be no end in sight.  Whenever any government prints money with no guaranteed value or supporting source of value the money becomes worth less and less.  As that money depreciates in value, it takes more of it to buy things.  That's 'inflation'.

OVERSPENDING IS AT RECORD LEVELS.  THANKS JOE!

We have runaway inflation today because of decisions made by the current administration.  Many believe Biden to have no direct part in this other than being the mouthpiece and puppet of Communist former president Barack Obama.  Under what is essentially his '3rd term of office', Obama has managed to capitalize on his dreams and those of his handlers in Beijing.

If conservatives and patriots don't regain the House and Senate this November, it will be too late.  By then Obama and his Beijing masters will have an unbreakable grip on our country, economy, and the actual values and morals of our people.

OUR LAST REAL CHANCE IS WITH 2022 NOVEMBER ELECTIONS

Only a conservative political vote on local, state, and federal levels can save us now.  We stand on the edge of destruction.  Act now or die the slow death of a coward and slave.

I'm Max, and that's the way I see it!

No comments:

Post a Comment