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CNBC’s Jim Cramer says President Joe Biden’s letter to oil companies is “worrisome” [Screenshot CNBC] CNBC’s Jim Cramer criticized President Joe Biden on Wednesday after he sent a letter to oil companies blaming them for the price of gas.
Biden sent a letter Wednesday morning to the heads of seven major oil companies demanding answers as to the price of gas and threatening the companies. Biden first blamed Russian President Vladimir Putin for the spike in price but then blamed the oil companies themselves for the alleged “unprecedented disconnect between the price of oil and the price of gas.”
Biden alleged the oil companies were making “well above normal” profit margins.
Cramer called the letter “worrisome.”
“What’s worrisome to me is the president, our president — our president’s reaction is to send a letter to the oil companies saying you’re making too much money. And that is, that harks back to an era of Jimmy Carter, and the Jimmy Carter, you know, windfall tax,” Cramer said. “I mean, it’s all the things that just say ‘don’t own stocks, just don’t own them.’”
WATCH: “The president uniquely rebuffed the oil companies who wanted to produce more and instead is going to Saudi Arabia, which he called a pariah and a murder state,” Cramer added. (RELATED: Biden Privately Admitted His Gambit To Lower Gas Prices Was Pointless: REPORT)
Former Democratic President Jimmy Carter implemented the windfall tax in 1980 that ultimately resulted in reduced domestic oil production and increased foreign oil imports. During the 1970s, things became so bad that gas was rationed and Americans waited in exceptionally long gas lines.
Host Carl Quintanilla then referenced a letter from the American Petroleum Institute to Biden that asked the president to loosen federal land restrictions, speed up permits and more, to which Cramer said Biden’s “base would […]
Most “Conservative” News Outlets Are on the Big Tech Teat
Not long ago, conservative media was not beholden to anyone. Today, most sites are stuck on the Big Tech gravy train.
I’ll keep this short. The rise of Pandemic Panic Theater, massive voter fraud, and other “taboo” topics have neutered a majority of conservative news sites. You’ll notice they are very careful about what topics they tackle. Sure, they’ll attack Critical Race Theory, Antifa, and the Biden-Harris regime, but you won’t see them going after George Soros, Bill Gates, the World Economic Forum, or the Deep State, among others.
The reason is simple. They are beholden to Big Tech, and Big Tech doesn’t allow certain topics to be discussed or they’ll cut you off. Far too many conservative news outlets rely on Google, Facebook, and Twitter for the bulk of their traffic. They depend on big checks from Google ads to keep the sites running. I don’t necessarily hold it against them. We all do what we need to do to survive. I just wish more would do like we have, which is to cut out Big Tech altogether.
We don’t get Google checks. We don’t have Facebook or Twitter buttons on our stories. We don’t have a YouTube Channel (banned), an Instagram profile (never made one), or a TikTok (no thanks, CCP). We’re not perfect, but we’re doing everything we can to not owe anything to anyone… other than our readers. We owe YOU the truth. We owe YOU the facts that others won’t reveal about topics that others won’t tackle. And we owe America, this great land that allows us to take hold of these opportunities.
Like I said, I don’t hold other conservative sites under too much scrutiny over their choices. It’s easy for people to point fingers when we’re not the ones paying their bills or supporting their families. I just wish there were more who would make the bold move. Today, only a handful of other major conservative news outlets have broken free from the Big Tech teat. Of course, we need help.
The best way you can help us grow and continue to bring proper news and opinions to the people is by donating. We appreciate everything, whether a dollar or $10,000. Anything brings us closer to a point of stability when we can hire writers, editors, and support staff to make the America First message louder. Our Giving Fuel page makes it easy to donate one-time or monthly. Alternatively, you can donate through PayPal or Bitcoin as well. Bitcoin: 3A1ELVhGgrwrypwTJhPwnaTVGmuqyQrMB8
Our network is currently comprised of six sites:
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We are also building partnerships with great conservative sites like The Liberty Daily and The Epoch Times to advance the message as loudly as possible, and we’re always looking for others with which to partner.
Some of our content is spread across multiple sites. Other pieces of content are unique. We write most of what we post but we also draw from those willing to allow us to share their quality articles, videos, and podcasts. We collect the best content from fellow conservative sites that give us permission to republish them. We’re not ego-driven; I’d much rather post a properly attributed story written by experts like Dr. Joseph Mercola or Natural News than rewrite it like so many outlets like to do. We’re not here to take credit. We’re here to spread the truth.
While donations are the best way to help, you can also support us by buying through our sponsors:
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We know we could make a lot more money if we sold out like so many “conservative” publications out there. You won’t find Google ads on our site for a reason. Yes, they’re lucrative, but I don’t like getting paid by minions of Satan (I don’t like Google very much if you couldn’t tell).
Time is short. As the world spirals towards The Great Reset, the need for truthful journalism has never been greater. But in these times, we need as many conservative media voices as possible. Please help keep NOQ Report and the other sites in the network going. Our promise is this: We will never sell out America. If that means we’re going to struggle for a while or even indefinitely, so be it. Integrity first. Truth first. America first.
Thank you and God Bless,
JD Rucker
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