• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy Biden appeases Iran because he’s desperate to beat Trump
Economy

Biden appeases Iran because he’s desperate to beat Trump

by April 16, 2024
by April 16, 2024 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

Did President Joe Biden receive advance warning of Iran’s strike against Israel? Reuters is reporting that ‘Iraqi, Turkish and Jordanian officials each said Iran had provided early warning of the attack last week, including some details.’ They further reported that Iran’s Foreign Minister Hossein Amirabdollahian said on Sunday that ‘Iran gave neighbouring countries and Israel’s ally the United States 72 hours’ notice it would launch the strikes,’ according to Reuters.  

U.S. News and World Report also reports that Iran alerted Turkey to its planned operation against Israel and adds that ‘Washington had conveyed to Tehran via Ankara that any action it took had to be ‘within certain limits.”  

The White House denies the story, which implies that Biden might have greenlighted the drone and missile onslaught, but it fits. Biden has been playing both sides of the field, declaring his support of Israel ‘rock solid and unwavering’ until, that is, it began to cost the president political support.  

Young people, key to Biden’s reelection, are angry about Israel’s war against Hamas in Gaza, and have turned negative on the president’s support of our ally. With pro-Palestinian demonstrations erupting across the nation and polls showing young voters gravitating to former President Donald Trump, Biden’s support of the Jewish state has started … wavering. 

Biden told Israeli Prime Minister Bibi Netanyahu over the weekend he will not back Israel in countering Iran’s attack. Certainly no one wants a broad war in the region, and it is possible that a retaliatory move by Israel could provoke another round of attacks, and then another.  

But Biden’s caution could also be interpreted as yet another sign that the president, desperate to win in November, will do almost anything to prevent higher oil prices, another political tripwire.  

On Maria Bartiromo’s Fox Business show recently, Florida Republican Congressman Michael Waltz urged the Biden White House to ‘cut off Iran’s cash.’ Waltz forgets one thing: doing so would require curtailing Tehran’s oil exports and would send energy prices through the roof. That is unacceptable to Biden. 

Hence, Biden’s appeasement of Tehran. When Trump left office, Iran was broke and isolated. Their Arab enemies in the region were increasingly united under the Abraham Accords, establishing diplomatic relations with Israel and forming a powerful bloc to counter Iran’s malicious terror activities.  

What a difference three-and-a-half years makes. 

The Biden White House enriched Iran by failing to enforce the tough sanctions imposed by the Trump administration, and by permitting $10 billion in relief funds to flow to Tehran, purportedly to buy electricity from Iraq. Biden’s crack foreign policy team claims that this money will be used exclusively for humanitarian purposes, but all funds are fungible. Money for electricity also buys drones, and military aggression. 

Biden has turned a blind eye to the country’s surging oil exports. Over the past year, Iran’s production jumped by 50%, to a five-year high. This, despite ongoing Trump-era sanctions which supposedly limited Tehran’s exports. The International Energy Agency reports that Iran exported 1.29 million barrels per day of crude oil last year and predicts overall production will increase another 160,000 barrels per day this year. Most incremental output has gone to China. 

Why would Biden allow Iran to export more oil and stockpile money? Because he took office promising to end fossil fuel production on federal lands in the U.S. and committing to an improbable and hopelessly expensive switch to green energy.  

It is nearly impossible that his team did not anticipate the cost to Americans, in the form of higher energy and electricity prices, of his ‘green revolution’; actually, given the extreme ideologues driving the White House bus, it is entirely possible. 

On numerous fronts, including canceling the Keystone Pipeline, halting drilling permits and leases and raising the costs of exploration, Biden showily stalled the upward march of U.S. oil production that occurred under Trump. As a consequence, as the economy rebounded from the COVID-19 downturn, and when Russian President Vladimir Putin invaded Ukraine, oil prices rose and gasoline prices surged to an all-time high. Americans blamed Biden. 

When gasoline prices set records of $5 per gallon in June 2022, the Biden White House sensed electoral danger, and set out to buttress U.S. oil production by seeking incremental supplies wherever they could find them, including our own Strategic Petroleum Reserve. They even sought help from Saudi Arabia, a country spurned by Biden, only to be turned down flat.  

When oil prices surged again last year, the White House even lifted sanctions on Venezuela, another unfriendly major oil exporter, under a flimsy agreement that required the country’s hated leader Nicolas Maduro to allow free elections. When oil prices receded and the White House no longer needed to court the dictator, who of course did not allow a fair vote in his country’s election, they resurrected most of the sanctions.  

But Biden’s caution could also be interpreted as yet another sign that the president, desperate to win in November, will do almost anything to prevent higher oil prices, another political tripwire.  

Meanwhile, they also allowed Iran’s exports to rise. The excuse? Biden’s team insisted they wanted to revive the Iran nuclear deal. Obama failed to produce an agreement that would prevent Iran from creating a nuclear weapon, as did Biden. The collapse of negotiations was almost guaranteed by repeated indications that Iran lied about ongoing uranium enrichment activity and its hidden efforts to build a nuclear device.  

Today, you can be sure Biden will continue his appeasement of the Islamic state, hoping that their oil exports will continue uninterrupted as he campaigns for reelection – even as Iran continues its malevolent activities in the region which now include, for the first time, directly attacking Israel. 

As he ran for president, Joe Biden claimed to have extraordinary diplomatic capabilities and experience. During his presidency, he has directed the most humiliating military withdrawal in our history as we hastily abandoned Afghanistan, permitted Putin’s deadly invasion of Ukraine, despite having ample warning, and has now reportedly signed off on Iran attacking our long-time ally, Israel. 

Biden reportedly wanted to be a historic president. Sadly, he is just that. 

This post appeared first on FOX NEWS
You Might Also Like
  • Wisconsin will consult voting experts in rewriting poll watcher rules
  • Activists launch Jews Against Soros to oppose mega-donor’s ‘radical left-wing influence’
  • Schumer ‘forcefully’ told Biden he should drop his re-election bid: report
  • Pelosi ignores Biden’s decision to stay in the race in latest sign of Democrat fracture
Share
0
FacebookTwitterPinterestWhatsapp

previous post
FLASHBACK: Biden made revealing comment about niece’s Obama admin role while praising ‘rising China’
next post
Foreign policy expert reveals 2 key offensive strategies US must ‘seize’ on to win ‘Cold War’ with China

You may also like

Pentagon announces new Red Sea international mission to counter escalating...

December 20, 2023

Weiss says he ‘wasn’t granted’ special attorney authority in Hunter...

November 10, 2023

Softened abortion language in Trump-approved GOP platform irks some social...

July 9, 2024

Obama calls for end of ‘occupation,’ security for Israel, state...

November 5, 2023

Conservative think tank dropping $18 million to highlight ‘extremist’ Harris...

July 26, 2024

Hunter Biden investigators limited questions about ‘dad,’ ‘big guy’ despite...

June 23, 2023

Blinken says crisis in Haiti is ‘long unfolding story’ as...

March 14, 2024

Bitcoin and Ethereum Trends: Channel Analysis & Entry Points

November 6, 2024

These Are the Good Old Days

December 13, 2022

Energy workers haven’t forgotten and won’t forgive Biden for killing...

January 19, 2023

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Nike pushes back Skims launch with Kim Kardashian due to production delays

      June 19, 2025
    • The Fed Is Getting It Wrong AGAIN As They Hold Rates Steady

      June 19, 2025
    • DOJ seizes record $225 million in crypto tied to global ‘pig butchering’ scams

      June 19, 2025
    • Feeling Unsure About the Stock Market’s Next Move? These Charts Can Help

      June 18, 2025
    • Amazon expects to cut corporate jobs as it relies more on AI

      June 18, 2025

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 3,599 views
    • 2

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,874 views
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,577 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,541 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,416 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,140)
    • Investing (538)
    • Stock (2,620)

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 2

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • Nike pushes back Skims launch with Kim Kardashian due to...

      June 19, 2025
    • The Fed Is Getting It Wrong AGAIN As They Hold...

      June 19, 2025
    • DOJ seizes record $225 million in crypto tied to global...

      June 19, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,140)
    • Investing (538)
    • Stock (2,620)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    UFOs: Is the government hiding something?

    July 25, 2023

    Rep. Greg Steube says he’s cleared...

    March 16, 2023

    House Speaker Johnson says White House...

    March 16, 2024
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here