BUY LOW, SELL HIGH, AND THEN BUY IT HIGHER!

 THE MAX ALLEN REPORT

-----------------------------------------------------------

Volume #102322-1415                             October 23, 2022

BIDEN'S UNBELIEVABLE TREACHERY

This 'oily' lying bastard of a president is literally 'selling us out'

Here we are, only two weeks from the most important election in our history, and Joe Biden has found yet another way to sell us out.  Yes, the 'student loan forgiveness programme' is one way, but thankfully that's been put on hold by a federal district court.  Okay, then there's the blank check book he's given Ukrainian dictator, Volodymyr Zelensky, to fight Russian.

This bastard's spending has crippled our economy and disheartened a nation.  But wait, there's more!

Joe Biden has decided to sell off what's left of our Strategic Petroleum Reserve [SPR], and much of that is being sold to ... are you ready?  Our number one arch enemy, China!  "How can this be?" you ask.  Well, it's this simple.  Two weeks before the election is a good time to try and drive down the fuel prices he drove up earlier.  It's time to bring gas prices down from $6 a gallon to $5 a gallon and declare a victory, knowing most voters will have forgotten that he's the one who drove gas prices from $1.70 a gallon to $6.00 in the first place!

Yep, after pushing motor fuel costs up by nearly 300%, he's now going to 'try' and bring them back to only 250% of what they were before he began his disastrous reign.  Call it what you like, 'bribery' is the only word that fits.  If voters are gullible enough, fanatical enough, or just plain stupid then they'll fall for this and vote Democrat in November.

Here's the real situation: Our petroleum reserves are at their lowest since we began the project in 1975.  We established the SPR to prevent the situation where Arabs reduced production to blackmail the US into withdrawing support for Israel.  It hurt us badly, but we did not fold and stood by our long-time ally in the Middle East.  With an SPR that is supposed to never happen again.  And, if we had maintained good faith in the programme, our energy future would remain secure.

It was during the Trump presidency that oil prices had fallen to under $34 a barrel due to Covid restrictions preventing Americans from driving around all the time.  President Trump then suggested that we buy up that oil at this discount price and use it to top off our oil reserves.  That, it would seem, was a great idea!  Well, not to the Democrats.  It was Chuck Schumer who led the charge and defeated Trump's plan.  Now, at a much higher price, Biden is suggesting we buy foreign oil in order to top off our reserves.

Ya gotta wonder.  If he actually does fill the SPR to the rim, is he gonna turn around again and sell it to the Chinese?  Will he sell it to other un-friendlies such as North Korea?  With Biden you never know.

You're getting ready to vote and, if the polls are right, there will be a 'Red Tsunami' as more seats in the House and Senate turn Republican and conservative.

Click here: https://nypost.com/2022/10/22/bidens-spr-follies-will-hurt-americans-and-damage-our-national-security/

Biden’s fooling around with SPR will hurt Americans and do inestimable damage to our national security.  Isn't that just what Joe Biden is working for?  Doesn't he hate this country and its people so badly that he'll do anything to bring us down?

Quotes the New York Post; "President Joe Biden’s latest politically timed release of another 15 million barrels from the Strategic Petroleum Reserve — when it was already at a 40-year low — is just the latest disgraceful move in a decades-long Democratic drive to pretend the SPR is a magic gas-price wand, which now leaves the reserve too depleted to serve its actual, important purpose.

The SPR was created in 1975 to guard against attacks on the US oil supply, after the 1973-74 Arab oil boycott sought to blackmail America into abandoning Israel in the wake of the 1973 Yom Kippur War, which began with a surprise attack on the Jewish state and ended after President Richard Nixon sent Jerusalem critical supplies.

In short, the reserve’s purpose is to deter foreign powers from even trying to cut off the US oil supply. It’s authorized to hold up to 714 million barrels in four Texas and Louisiana salt caverns along the Gulf of Mexico coast, near pipelines that can rapidly deliver the crude to US refineries".

It's simple.  No oil, no move, no income, no production, no nothing!  This bastard in the White House and his accomplices in the Congress and Senate have brought our once great nation to its knees.  Before they put the final boot into our faces, its time to fight back!  Vote dammit!

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