Do you know why Vladimir Putin does not fear most of the sanctions that Joe Biden currently has in place?
That would be because Biden has been and continues to fund Putin’s economy.
Senator Joe Manchin (D-W.V.) is now calling out Biden in this very fact, demanding he stop purchasing massive amounts of oil every day from Russia and ramp up domestic oil production.
Funding Russia’s War Machine
The biggest move that Biden has made against Russia so far was freezing central bank assets.
However, I stated that I thought the move was made too late.
That is a card you play before an invasion, not after it happens, and surely not after you share your plans with Russia’s biggest ally.
Even though that sanction was announced Monday before the market closed, Russian oligarchs and Putin surely knew the move was coming and had likely protected most of their assets.
If you noticed, we have yet to get a report on the amount of funds that have been frozen.
All the while, the United States is purchasing massive stockpiles of oil from Russia every month.
Manchin has called this a “clear and present danger to U.S. national security.”
The West Virginia Democrat stated that the “entire world is watching as Vladimir Putin uses energy as a weapon in an attempt to extort and coerce our European allies.”
He added, “While Americans decry what is happening in Ukraine, the United States continues to allow the import of more than half a million barrels per day of crude oil and other petroleum products from Russia during this time of war.
“This makes no sense at all and represents a clear and present danger to our nation’s energy security.
“The United States can and must ramp up domestic energy production and increase access to our abundant resources and technologies to both protect our energy independence and support our allies around the globe.”
Every move that Biden has made so far has been for optics only, and this includes his green energy response.
You see, if you cut fossil fuel production here but continue to purchase fossil fuels from other countries, you are still contributing to emissions.
The solution is to continue to produce fossil fuels here and figure out a proper transition where both sectors can work together rather than pitting them against each other.
We can have both, and most Americans would probably agree with that, as there is simply no way to realistically cut out fossil fuels and expect to have reliable energy sources.
Not only that, but the costs of renewable energy are still unreasonable, which is yet another reason to phase them in slowly rather than this drastic shift that is crushing our economy and making us far too reliant on Russian energy.
Source: Washington Examiner