Ron Paul Liberty Report - Weekly Update --- Foreign Policy Fail: Biden's Sanctions are a Windfall For Russia!
Aired: 2022-07-08
Duration: 04:34


=== Biden's Blunder: American Pain for Russian Gain (04:10) ===

[00:00:03]  Hello everybody and thank you for tuning in to the weekly report.
[00:00:07]  Foreign policy fail.
[00:00:09]  Biden's sanctions are a windfall for Russia.
[00:00:13]  It's easy to see why, according to a new Paris poll, 71% of Americans said they do not want Joe Biden to run for re-election.
[00:00:25]  As Americans face record gas prices and the highest inflation in 40 years, President Biden admits he could not care less.
[00:00:36]  His administration is committed to fight a proxy war with Russia through Ukraine, and Americans just needs to suck it up.
[00:00:45]  Last week, a New York Times reporter asked Biden how long he expects Americans to pay record gasoline prices over his administration's Ukraine policy.
[00:00:57]  As long as it takes, replied the president without hesitation.
[00:01:02]  Russia cannot defeat Ukraine, added Biden, as justification for his administration's pro-pain policy toward Americans.
[00:01:11]  The president has repeatedly tried to deflect blame for the growing economic crisis by claiming Russia is solely behind recent inflation.
[00:01:23]  The reason why gas prices are up is because of Russia, Russia, Russia, Russia, he said in the same press conference.
[00:01:33]  But Biden has a big problem.
[00:01:36]  Americans do not believe him.
[00:01:38]  According to a Rasmussen poll earlier in this month, only 11% of Americans believe Biden's claim that Russian President Vladimir Putin is to blame for high prices.
[00:01:52]  When it comes to disdain for the average American hurt by higher prices, there is more than enough in the Biden administration to go around.
[00:02:02]  Brian Deese, director of President Biden's National Economic Council, was asked in a recent CNN interview, what do you say to those families that say, listen, we can't afford to pay $4.85 a gallon for months, if not years?
[00:02:21]  His answer.
[00:02:22]  This is about the future of the liberal world order, and we have to stand firm.
[00:02:29]  Has there ever been an administration more out of touch with the American people?
[00:02:34]  If you ask working Americans whether they'd be happy to suffer poverty for the liberal world order, how many would say, well, that sounds like a great idea.
[00:02:46]  President Biden's attempts to bring down gasoline prices are bound to fail because he does not understand the problem.
[00:02:55]  He can beg the Saudis to pump more oil.
[00:02:58]  He can even threaten the U.S. oil companies as he did in a tweet yesterday.
[00:03:05]  He can buy and sell from the Strategic Petroleum Reserve in an attempt to give the impression that prices are lowering.
[00:03:13]  None of it will work.
[00:03:15]  The strangest part of this idea that Americans must suffer to hurt the Russians is that these policies aren't even hurting Russia.
[00:03:25]  Only the contrary, Russia has seen record profits from its oil and gas exports since the beginning of the Ukraine war.
[00:03:35]  According to a recent New York Times article, increasing global oil and gas prices have enabled Russia to finance its war on Ukraine.
[00:03:46]  U.S. sanctions did not bring the Russian economy to its knees as Biden promised.
[00:03:53]  They actually brought the American economy to its knees while Russian profits soared.
[00:04:00]  As Newsweek noted last week, Russian television pundits are joking that with the financial windfall Russia has seen since sanctions were imposed, Biden is, of course, our agent.

=== Wasting Trillions Abroad (00:20) ===

[00:04:13]  Washington's bipartisan foreign policy of wasting trillions on endless wars overseas has finally come home.
[00:04:22]  Biden is clearly out of touch, but there is plenty of blame to go around.
[00:04:28]  The only question is whether we will see an extended recession or worse.