Category Archives: US Strategic Petroleum Reserve (SPR)

Trump Seeks Historic $3.6 Trillion In Spending Cuts, Including Selling Half Of US Strategic Oil Reserve | Zero Hedge

More details of President Donald Trump’s first budget proposal were reported Monday by Bloomberg and Reuters. The leaks add to the picture of what we know about Trump’s budget, which also includes a flurry of leaks published by The Washington Post, the Associated Press and Bloomberg late Sunday, which fleshed out Trump’s plans to slash entitlement spending.

In total, the budget plans to trim $3.6 trillion in spending over 10 years across all discretionary spending and non-discretionary spending lines, in order to enable tax reductions across the board: if enacted – and remember that the president’s budget is just an initial blueprint which rarely passes in its original form – the Trump administration would implement the deepest cuts to government programs in a generation, delivering the opening salvo in a new round of budget battles in Washington.

This is key to balancing the budget by the 10th year.

It also relies on rather rosy growth economic projections,  estimating that U.S. gross domestic product will accelerate to 3% by fiscal year 2020. That’s compared with Bloomberg’s median projection of 2%, and the Congressional Budget Office’s long-term projection of 1.9%. It also expects the 10-year Treasury yield to rise to 3.8% in that time, while CPI increases to 2.3% and unemployment holds more or less steady at 4.7%…

Source: Trump Seeks Historic $3.6 Trillion In Spending Cuts, Including Selling Half Of US Strategic Oil Reserve | Zero Hedge

DR WILLIAM MOUNT: US War Plans To Invade Russia Cancelled – OBAMA Moving

Monday, January 2, 2017

There is a plan in place for the US and it’s NATO Allies to invade Russia

As you recall – there was an invasion by French, British and Japanese forces of Russia between 1918 and 1920 in an attempt to destroy both the Hermitage in St Petersburg and rip away the Eastern portions of Russia.

As for the Invasion of St Petersburg, the French and British had just finished 4 years of Trench Warfare and they were double crossed by the leaders of St Petersburg and routed back to the Russian Port of Arch Angel and their evacuation was protected by a US Task Force.

The US lost 244 men evacuating the French and British.

As for the Japanese – in the East part of Russia they were threatened with all out war and evacuated the area, choosing to attack China only   few years later when they invaded Manchuria.

During the later part of Baby Bush’s Regime Operation Unthinkable was dusted off and re-examined.

Operation Unthinkable was the Allied plans to invade Russia way back in 1945 put forth by none other than Prime Minister Churchill and US General Patton. For this Patton was killed and Churchill retired.

Continue reading DR WILLIAM MOUNT: US War Plans To Invade Russia Cancelled – OBAMA Moving