Patty

They cant be any clearer about crippling the US economy beyond recovery. If our war happy "leaders" in Washington continue down this road they will make this country a 3rd world country at a much more rapid rate than they already are.


"While the comments by Russian presidential advisor, Sergei Glazyev, came before Putin's detente press conference early this morning, they did flash a red light of warning as to what Russian response may be should the west indeed proceed with "crippling" sanctions as Kerry is demanding. As RIA reports, his advice is that "authorities should dump US government bonds in the event of Russian companies and individuals being targeted by sanctions over events in Ukraine." Glazyev said the United States would be the first to suffer in the event of any sanctions regime. “The Americans are threatening Russia with sanctions and pulling the EU into a trade and economic war with Russia,” Glazyev said. “Most of the sanctions against Russia will bring harm to the United States itself, because as far as trade relations with the United States go, we don’t depend on them in any way.”
Read more........

http://www.zerohedge.com/news/2014-03-04/putin-advisor-threatens-dumping-us-treasurys-abandoning-dollar-if-us-proceeds-sancti

Blue Flu Loc: HHI

Then there is Russia's ally China holding about 2 trillion in U S bonds and other U S obligations. Dumping those would destroy our fragile economy and unseat the Dollar as the world's reserve currency.
That idiot, Obama, has painted us into a corner. His inability to lead the Free World is obvious.
His very presence in the Oval Offices constitutes a danger to our national security.

bobgssc

Truly curious... what response would you prefer? I believe the choices would be:

1) Sanctions against Russia.
2) "Boots on the ground"
3) Do nothing

The first option would definitely piss off Russia and a few others and would make things a little uncomfortable over there and could eventually cause a Russian withdrawal;
The second option would get more of our sons and daughters killed and most likely NOT stop the Russians; and, the third option would be the least costly for us, but of course Ukraine becomes a communist Russian territory where Putin's only concern would be that the oil and natural gas pathways would stay open at the expense of the Ukrainian people's well being.
These are the most likely outcomes as I see them... do you disagree, and why?

Patty

China has already hinted that they have Russias back probably along with all the other BRICS nations. Check this one out Blue. They called the US out last month before this all broke apart.
http://larouchepac.com/node/29746

Blue Flu Loc: HHI

As paranoid as Russians are it's easy to see that for them it was a matter of self defense. The Russians, like Germany of 1914, fear encirclement
If I were Putin I'd have done the same thing.
Ukraine joining the EU would mean that like Poland and other former Soviet Bloc nations it would be only a matter of time before they'd sign up with NATO.

Patty

You are so right and how foolish is it to put your own country on the frontline of a possible war. I hope they don't sign. Look what Iran looks like by not submitting to US hegemony.
Am I the only one who see the hypocracy of this?

Serenity54321

Yes, that would be the only 3 options I could see, which is exactly why the US has pinned itself between a rock and a hard place. The first suggestion seems to be their action plan, but the problem is if Russia starts dumping US bonds, along with China should they choose, this would completely turn the US's economy on its head and drastically hit the value of our currency. This is why getting ourselves in debt with other nations is a huge security issue.

War would go nuclear probably, and nobody wants that.

Doing nothing would mean Russia just won.

We HAVE no solution.

Blue Flu Loc: HHI

:thumbup: :thumbup: :thumbup:

Patty

The sad part is if Pres. Obama wouldn't have sat on his ass allowing Buffets rail roads to run oil out of the Bakken and would have instead had our own infrastructure in place to move oil and NG down from ND EU. wouldn't be stuck with Russia controlling whether the peoples furnaces go out.
There is so much NG up in the Bakken we are flaring it off which makes Obamas claim that coal and the Keystone pipeline being bad for the environment rather toothless.

bobgssc

I can't speak for "we" but I sure don't.

Patty

"It appears, given comments from Foreign Minister Lukashevich, that things are about to get ugly again...


"we will have to respond...if provoked by rash and irresponsible actions by Washington... and not necessarily symmetrically."



Via Reuters,


Russia said on Tuesday that it would retaliate if the United States imposed sanctions over Moscow's actions in Ukraine.



"We will have to respond," Foreign Ministry spokesman Alexander Lukashevich said in a statement. "As always in such situations, provoked by rash and irresponsible actions by Washington, we stress: This is not our choice."

And Interfax adds:

•RUSSIA WILL HAVE TO RESPOND TO POSSIBLE U.S. SANCTIONS, "AND NOT NECESSARILY SYMMETRICALLY" - RUSSIAN FOREIGN MINISTRY
Given that Russian boots remain on the ground in Ukraine and that the US (and the west - ex-UK) are still pressing for crushing sanctions against Russia; one has to wonder whether Putin's carefully worded "annexation" comment did nothing but enable exits for oligarchs... What really changed?"
http://www.zerohedge.com/news/2014-03-04/russia-warns-will-have-respond-us-sanctions
If China joins in with dumping the dollar I think that smart people will be looking for an alternate safe haven against the dollar "wink, wink.... nod, nod"

One wonders just what Victoria "F The EU" Nuland whispered to Tymoshenko...

Blue Flu Loc: HHI

Judging by the metals market (in contrast to yesterday's jump) the crisis in Ukraine has been downgraded by the "haves."
The threat of counter economic sanctions by Russia and China is a sobering thought. Our fragile Dollar couldn't take the pressure.
Gold and silver are down at this hour.

http://www.monex.com/liveprices

Patty

I think I see the London fix elf's hard at work. Or is that elves?

http://www.zerohedge.com/news/2013-11-25/how-gold-price-manipulated-during-london-fix :wink:

vernon

at least tell obama and kerry to keep their stupid mouths shut.every time they open their mouth putin turns the screws one more turn.

Patty

Isnt that the truth. Those two are seriously embarrassing.