"In this and like communities, public sentiment is everything. With public sentiment, nothing can fail; without it, nothing can succeed. Consequently, he who molds public sentiment goes deeper than he who enacts statutes or pronounces decisions." -- Abraham Lincoln

Bidgear ad

 

 

U.S.-Saudi Petrodollar Pact Ends after 50 Years MikeRivero

The 50-year-old petrodollar agreement between the U.S. and Saudi Arabia was just allowed to expire. The term “petrodollar” refers to the U.S. dollar’s role as the currency used for crude oil transactions on the world market. This arrangement has its roots in the 1970s when the United States and Saudi Arabia struck a deal shortly after the U.S. went off the gold standard that would go on to have far-reaching consequences for the global economy. In the history of global finance, few agreements have wielded as many benefits as the petrodollar pact did for the U.S.

On June 2, The Washington Post published an article on independent media outlet The Gray Zone, accusing them of having ties to Russia and Iran based largely on their employment of Wyatt Reed, a former writer for Sputnik and other outlets. Though the Post had to change its headline and retract some of its article, the hit piece remains online.

Russia in 2023, despite the sanctions, retained the second place among the largest gold producers in the world with an output of 322 tons according to average estimates, RIA Novosti calculated according to relevant national ministries and associations.

President Biden’s administration has sought to channel funds into “woke” businesses. The government attempted to pressure investment firms into supporting companies aligned with progressive ideals such as environmentalism.

On the state level, governments have favored companies that use their influence to advance liberal agendas. That included doing business with groups that discriminate against Americans’ constitutional rights.

Surveys Show That The American People Absolutely HATE What Is Happening To The Economy, And This Is Why alexmark
The health of the economy has been one of the primary determining factors in many presidential elections, and it will be the same this time around too.  Of course that is really bad news for Joe Biden, because the American people absolutely hate what is happening to the economy.  Even though the media is constantly telling us that the economy is doing just fine, the vast majority of the population is not buying into the propaganda.  Hordes of small businesses are failing, retailers are shutting down thousands of stores, and poverty is exploding all over the n
Tags
Restaurant Apocalypse: The Do-Gooders Created All the Destruction! Every Bit of it. alexmark
Pretending costs don’t matter when “doing good” or that we’ll find ways to make it work doesn’t pay the bills and doesn’t make it work.
Tags