BIDEN WAR PROFITEERING- EU PLAYED FOR FOOLS

THE EU HAS FINALLY COME TO REALIZE HOW STUPID AND SELF-HARMING  THEIR BIDEN-UKRAINE SUPPORT POLICY IS.

AFTER ALMOST A YEAR OF SACRIFICE, WHAT DOES THE EU GET?  

IT CAN WATCH WITH ENVY WHILE USA OIL AND MILITARY FIRMS MAKE HUGE PROFITS

IT CAN BE ANGRY BEING FORCED TO PAY 4 TIMES HIGHER PRICES FOR US-SOURCED OIL AND GAS.

IT CAN COMPLAIN WHILE THE EU IS BEING CUT OUT OF USA ELECTRIC CAR MARKETS BY BIDEN’S INFLATION REDUCTION  ACT

IT CAN TAMP DOWN EU CITIZEN COMPLAINTS WHILE THE 27 EXPERIENCES  MASSIVE INFLATION , A THREATENING RECESSION, AND A SIMMERING POTENTIAL NUCLEAR CONFLICT ON THEIR BORDER.  

Anonymous EU officials have (finally) complained to Politico accusing the Biden Administration of “war profiteering” from the Ukraine War*.  The EU officials are “incensed” (this author adds perhaps at their own stupidity ) with the so called “Inflation Reduction Act” a nearly $400 billion US bill with tax and spend provisions EU officials call “protectionist’ and “discriminatory”. The bill is “very worrying” according  to European officials and industrial interests, since among other provisions it requires US firms to “buy American” and  other provisions  imposes unfair competition on foreign manufacturers. (One onerous provision provides tax credits to US citizen who purchase electric vehicles made in America. (This act will make it near impossible for EU electric a car manufacturers to compete in the US electric car market) and “will have a very big negative impact on the European economy”, they complain.  To add insult to injury now (with Nordstream blown up and Russian oil sanctioned)  “we must buy oil and gas from the US, but at four times the cost”. (*From several sources including the Pakistan Observer of Nov 27, 2022, “US Profiting from Ukraine War”, by Zahid Malik)

IT CAN BE WISER AND MORE INDEPENDENT OF US SELF-SERVING POLICY TOO!!