Archive for the Russia Category

The China-Russia Affair: Advancing The Petro-Yuan; Dictating The Future (March 26, 2018)

Posted in AIIB, China, CIPS, Cryptocurrency, Currency, Cyberactivities, Gold, Guns, INE, International Finance, International Monetary Fund, Money, Russia, SDR - Special Drawing Rights, Second Amendment, Silver, Special Drawing Rights (SDR), Sports, SWIFT, World's Reserve Currency on March 26, 2018 by e-commentary.org

. . .

K          “In the past, the United States played and promoted with some skill the tension and animosity between China and Russia.  The United States has behaved so abysmally and monstrously that even the Chinese and the Russians are flirting with each other.”

J          “The enemy of my enemy is my friend.  Yet nations do not have enemies or friends, only interests.  They have allied to advance their common interests in confronting a common enemy.”

K          “When the United States drives the Chinese and Russians to embrace and play well together, the U.S. is in trouble.”

J          “The U.S. has proudly and defiantly positioned itself to be the world’s worst enemy.”

. . .

J          “The National Security Strategy document signed by President Trumpi on December 18 unwisely exacerbates the U.S. and China-Russia divide and further alienates the U.S. from the world.” 

K          “China is launching its crude oil futures contract today at the Shanghai International Energy Exchange (INE).  China and Russia have been swiftly designing and perfecting a system described as the China Interbank Payment System (CIPS) to send and receive information about and to reconcile financial transactions.  The system will circumvent and ultimately undermine the Society for Worldwide Interbank Financial Telecommunication (SWIFT) controlled by the U.S.”

J          “They are also establishing the Petro-Yuan to replace the Petro-Dollar to facilitate transactions facilitated by the CIPS and to make investments funded by the Asia Infrastructure Investment Bank (AIIB).  That allows the Chinese and Russians, at the time of their choosing, to dump U.S. Treasuries and equities and buy up and demand the physical delivery of all gold and silver.  The Big Jolt will shift the geopolitical tectonic plates in a short time.”

K          “The U.S. will respond by dropping every bomb in its arsenal all at once everywhere and assassinating any leaders who challenge its hegemony.”

. . .

K          “The Chinese are building the One Belt One Road Initiative and uniting countries and continents, but the U.S. has a hard time tightening its economic belt and fixing one road.”

. . .

K          “The U.S. could do a whole lot more to slow or stop the wholesale theft of intellectual property by China.”

J          “His company was uneasy about filling the order from China for just a single unit.  Three years later, they discovered that an entire plant is producing dozens of them daily.”

K          “Now they do not even need to reverse engineer a product.  Just hack the computer and download the plans.”

J          “When Chinese technology was used to commandeer an American drone, I knew the situation was bleak.”

. . .

J          “A few weeks ago, someone on a lunch break called into a radio call-in show and questioned the genius of the U.S. strategy.”

K          “At some point, everyone will be calling in and asking why the prices at Walmart are suddenly what they were at Nordstroms the previous month.”

. . .

J          “The rest of the world may accept or be forced to accept a gold-backed currency for some time.  However, after securing control, the Sino-Russian Alliance will be free to impose a fiat cryptocurrency using something much more sophisticated than the rudimentary blockchain technology and perhaps a refined version of the Hashgraph technology.”

K          “But will the U.S. have enough bombs to drop on the rest of the world?”

. . .

K          “The Chinese and the Russians were playing chess and the U.S. was playing checkers; now the Sino-Russian Alliance is playing weiqi and Trumpi is playing tiddlywinks.”

J          “Trumpi is playing with himself and playing with our futures.  And they are playing doubles while the U.S. is playing singles.” 

. . .

[See “China plans to break petrodollar stranglehold” in “Asia Times” by Pepe Escobar dated December 21, 2017 and “The World Will Not Mourn The Decline of U.S. Hegemony” in “Truthdig” by Paul Street dated February 20, 2018.]

[See the e-commentary titled “World’s Reserve Currency War I = Cold War 2.0 = WW III (?) (September 8, 2014)”, “AIIB: China: 1; U.S.A. 0? (April 6, 2015)”, “The Mandibles, FRNs, SDRs, IMF, G20, WTD! (September 5, 2016)”, “USA + FRN/PD — > IMF + SDR — > NDB + UMU? The “Universal Monetary Unit” . . . Coming To a Planet Near You (January 2, 2017)” and “One World Currency? (January 8, 2018)”.]

Bumper stickers of the week:

Panda < Eagle > Bruin; Panda + Bruin > Eagle  

CIPS > SWIFT; AIIB > World Bank; INE > Brent + WTI; Petro-Yuan > Petro-Dollar:  [ergo] -> Panda + Bruin > Eagle.  Game, Set, Match.  Fin.

Currency Wars -> Trade Wars -> War Wars

America First -> American Last

Some signs at the “March For Our Lives” March on March 24:

Orange lies matter

Owner for reform

The scariest part of school should be a pop quiz

More 4.0 Less 5.56

We call BS

Hold handguns

When I grow up, I want to be alive

If I am killed by a gun, don’t bury me, just dump my body on the Capitol steps

Bullets are not school supplies

Enough / Bastante

My life is worth more than your guns

No more silence  End gun violence

Arm me with books not bullets

Need test to drive  Why not to shoot?

Protect kids not guns

Moms demand attention

Am I next?

Gun owner for gun control

No Rational Argument

21st century technology, 18th century laws

Too old to create change, step aside and we’ll do it

Never again

Some tweet  We march

NRA  Modern Day Mafia

Mental health not personal wealth

Respect our existence or expect our resistance

Thoughts Prayers Action

My students are more important than your guns

Enough is Enough

Mothers Against the NRA

#NeverAgain

Russian Interference; Russian Collusion (February 26, 2018)

Posted in Clinton, Elections, Guns, Rule of Law, Russia, Trumpi, War and Wall Street Party on February 26, 2018 by e-commentary.org

. . .

K          “America has engaged in rampant election interference throughout the world for a very long time.  That is where Americans get the expression that something is ‘as American as apple pie and election interference’.  It is who we are.”

J          “America does not just interfere in elections, if the democratic process in a country lawfully produces an inconvenient outcome, America overthrows the government or assassinates the winner.”

K          “America is the beacon for the world and the city on the hill.”

J          “On some level, Americans should be proud that the Russians are emulating us.  They know a good thing when they see it.  And they are again stealing good things from us without a word of thanks.”

. . .    

K          “Russia appears to have given ammo cans of money to the National Rifle Association (NRA) to flood American voters with vile and evil propaganda.”

J          “Seems that the NRA subjected every NRA member to a steady flow of pro-Trumpi and anti-Clintoni propaganda each and every week and most days in the months before the election.”

K          “That Russian influence must be what has gotten the Republicans in such a tither.  They don’t like being in bed with the Commies.”

. . .

J          “I still don’t trust the Russians.  They are up to no good.”

K          “Who is up to yes good?”

. . .

K          “Keep in mind that the First Amendment limits government interference with speech and other forms of expression.  America and Americans have trouble with that truth when they don’t like someone’s speech.  Were the Russians engaging in anything nastier than the antics of the DNC and the RNC, the two divisions of the War and Wall Street Party?  No.  Did they have any greater impact than all the Dark Money that flooded the election courtesy of Citizens Disunited?  Not by a long shot.”

J          “I still don’t trust the Russians.  They are up to no good.”

. . .

J          “Collusion is a different animal.  When Americans work in concert with Russian operatives, we should all be concerned and ask questions.”

K          “Republicans may not adore Trumpi, but he is now the meal ticket and the money machine for them.  They have circled the wagons.  And something about the Clinton Global Initiative does not ring true.

J          “Republicans are anxious that Trumpi’s decades of money laundering for the Russians in real estate deals may not play well among good hearted Americans.  Trumpi’s deals violate enough federal laws to put him away in government-sponsored housing for two lifetimes.”

K          “Except that we do not live in a country that believes in or adheres to the rule of law.”

J          “There is that problem.”

. . . 

[See the e-commentary on the efficacy of the sanctions against Russia titled “World’s Reserve Currency War I = Cold War 2.0 = WW III (?) (September 8, 2014)”.]

Bumper stickers of the week:

We live in a country with many, many, many rules and many, many, many laws, but we do not live in a country that believes in or adheres to the rule of law.

You cannot get out of bed in the morning without violating some section of title 18 of the United States Code, the federal criminal code.  In fact, and as a matter of law, you cannot stay in bed in the morning without violating some section of title 18 of the United States Code, the federal criminal code.  In practice, the United States is a system of men not laws because men and women opt from the panoply of laws that punish all behavior and decide who is and who is not imprisoned.

There is no law.  There is only ideology.

Boycott the NRA

Boycott the National Rifle Association

DNC = RNC = WWP

Trumpi Goes Neocon; Capitulates In Syria; Supports ISIS; Attacks Without Provocation (April 17, 2017)

Posted in Bush, Deep State, Kleptocracy, Neoconservatives, O'Bama, Rule of Law, Russia, Syria, Trumpi, Wall Street, War, War and Wall Street Party on April 17, 2017 by e-commentary.org

. . .

K          “Trumpi capitulated.  He is no different after all.  Tossing five dozen Tomahawks was his initiation into the gang of Washington chickenhawks.”

J          “My first thought was that he took off his mask and revealed himself, but we cannot forget that he does know what he is doing or  why he is doing it or even who he is.  How would the public react if the newspapers and antisocial media sites reported that Trumpi supports ISIS.  Attacking Syria is attacking a country that is attacking ISIS.”

K          “His first Hundred Days have been pockmarked by chaos, confusion and complete capitulation to the ‘War and Wall Street Party’.  Trumpi lacks the strength, the courage, the experience, the maturity and the integrity to disregard the Neoconservatives and to deep six the amoebic and amorphous swamp beast they call the Deep State.”

J          “So now forces are being unleashed to deep six the world.  Bummer.”

K          “What Bush somehow managed to avoid and what O’Bama somewhat skillfully managed to avoid may be coming to a planet near you.  Will it be an expanded proxy war or a full contact world war.” 

. . .

[See “Women for Syria: A Day of Action” held on April 13.]

[See the recent interview with Congresswoman Tulsi Gabbard and the interview with retired Colonel Lawrence Wilkerson for some perspective.]

[See the e-commentary at “Seriously Sizing Up Syria Seizing Up (October 12, 2015)”, “The Drums of War (February 20, 2012)”, “Syria: Gas and Fog (August 26, 2013)”, “Time To Talk:  Hear The Guitar (December 9, 2013)”, “The Percolating Middle East (February 22, 2016)” and “Smedley And Ernest On Our Friend ‘War’; The ‘Racket’ Continues (September 7, 2015)”.]

Bumper stickers of the week:

Without evidence or authorization . . . from Congress or the United Nations Security Council

Smoke and mirrors so often hide the true source of gas.

Too many drums; not enough guitars.

Pay your taxes; buy a bomb.

Pay your taxes; buy a guitar.

Make America Grating Again. 

Make America Psycho Again.

Political Experience: 0 + Military Experience: 0 + Economic Experience: 0 + Diplomatic Experience: 0 = ?

The Percolating Middle East (February 22, 2016)

Posted in China, Dollar - World's Reserve Currency, Iran, Iraq, Middle East, Russia, Syria on February 22, 2016 by e-commentary.org

. . .

8          “On one side you have Saudi Arabia, Qatar, Turkey and the soldiers from the Sunni region of Iraq with some of its members d.b.a. (doing business as) ISIS or ISIL or IS.  They are the ‘Sunni Squad’.”

7          “Yet Saudi Arabia and Turkey really do not like each other.”  

8          “They just hate each other slightly less.  On the other side, you have Syria, Iran, Russia and the Kurds in the region who hate Turkey.  They are loosely the ‘Shiite Squad’.”

. . .

7          “Turkey has cited Article 5 of the North Atlantic Treaty and demanded that an attack on one member is an attack on all members.  Thus, Turkey contends that NATO nations must come to its assistance.  Right.”

8          “And thus join the ‘Sunni Squad’ and assist ISIS or ISIL or IS.”

7          “Challenge Saudi Arabia and lose its support for the PetroDollar.  Without the PetroDollar, the United States slides into second world status.”

8          “Or join the Russian gang and ally with the ‘Shiite Squad’ which is likely to be the winner if there is a winner.”

. . .

8          “Now which squad is China supporting?”

. . .

[See the e-commentary at Seriously Sizing Up Syria Seizing Up (October 12, 2015).]

Bumper sticker of the week:

The enemy of my enemy is my enemy?

Litigation:  “Recreational”, “Sport” And  “Diversionary” . . . And The “Department Of Just-Us” (December 21, 2015)

Posted in Banks and Banking System, Courts, Department of, Federal Reserve, Russia, Sports, Wall Street on December 21, 2015 by e-commentary.org

. . .

K          “The definition varies yet ‘Recreational Litigation’ is usually defined as an unfounded claim or defense advanced by someone with unlimited funds who uses bullying techniques to harass and often bankrupt a small and often defenseless person or entity for grins.”

J          “Or for some ulterior purpose.  I call it ‘Sport Litigation’ because it is so unsporting.  The ‘Department of Just-Us’ is the richest and most powerful player in the American Legal Game.”

K          “FIFA is corrupt to the core.  So is Wall Street.  The United States has no business investigating and prosecuting FIFA corruption.  The United States does have legitimate business investigating and prosecuting Wall Street corruption.”

J          “‘Sport Litigation’ is the felicitous term.”

K          “I may be wrong, yet I have this nagging suspicion that the government may be trying to pressure FIFA not to allow Russia to host the 2018 FIFA World Cup.”

J          “Prostituting the Beautiful Game.  Ugly.”

. . .

K          “The ‘Department of Just-Us’ as you call it long ago served notice that the banksters are above and beyond the law.  The FIFA case may be a way for the ‘Department of Just-Us’ to serve notice that anyone who gets out of line will get it.  And also to distract us from the real problems and the real danger.”

J          “The ‘Department of Offense’ is engaged in endless wars and fear generation to distract us from the inevitable consequences of the actions and inactions of their friends and comrades at the ‘Department of Treasure’ and the Federal Reserve.”    

K          “What about describing it as ‘Diversionary Litigation’ designed to make the public believe that evil foreigners are being prosecuted while actually diverting attention from the real problems and the real danger.”

. . .  

[See the e-commentary at Schooling The Apparatchiks For The Kleptocrats (December 7, 2015).]

Bumper stickers of the week:

“The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.”  H. L. Mencken

May the farce be with you.

Savor the solstice; Nature still sustains.

Seriously Sizing Up Syria Seizing Up (October 12, 2015)

Posted in Afghanistan, Bush, Climate, Dollar - World's Reserve Currency, Foreign Policy, Global Climate Change, Global Warming, Iran, Iraq, Middle East, Newspapers, Russia, Sports, Syria, Vietnam, War on October 12, 2015 by e-commentary.org

. . .

7          “They could make it easier if they wore jerseys with numbers.”

8          “The good folks could sport odd numbers and the bad folks could sport even numbers on their uniforms.”

7          “Or the good folks could use even numbers and the bad folks could use odd numbers.  Or use different defining colors.  Or stitch the sponsor of the team on the back of the jersey.”

8          “During the Southeast Asian War Games conducted in ‘nam, a ‘Stars and Stripes’ newspaper cartoon depicted two identical individuals in pajamas and flip flops – one described as ‘Friend’ and one described as ‘Enemy’.”

7          “Nothing changes.  Discerning one’s friends and one’s enemies among those wearing towels and sandals is vexing.”

8          “The great feud between the Shia and the Sunni seems akin to the great feud between the Hatfields and McCoys.  No one was right and no one really knew what they were fighting for and no one really knew why they were fighting.”

7          “The reality is that the enemy of my enemy is not my friend, the enemy of my enemy is my enemy.”

. . .

7          “Most folks are more comfortable with what the nerdy folks describe as a ‘Manichean’ division into good and bad, or right and wrong, or us and them.  International relations are described as a balance of power and depicted with a scale.  A pint of water on one side can be balanced with a pound of whatever on the other side.  Yet international relations are more akin to multiple Calder mobiles strung and hung together.  Tug on one string and everything tips out of balance.  The unprovoked invasion of Iraq by then President Cheney and Vice President Bush in 2003 was the great tug that triggered the imbalance accelerating today.”

8          “Toss a rock in the pond and watch the concentric circles and the eccentric responses.  The lack of water in Syria and other places is fueling the fury.  A drought of water leads to a drought of hope.  The world is transitioning from wars over oil to wars over water.”

7          “And wars over currency.  Everything is out of balance.”

8          “Seems that global climate change is bringing about global change.”

. . .

8          “For the U.S., ‘Iraq’ is Arabic for ‘Vietnam’.  For Russia, ‘Syria’ may be Arabic for ‘Afghanistan’.”

7          “‘Waterloo’ is French for ‘Waterloo’.”

8          “Or Esperanto for ‘quagmire’.”

. . .

7          “We make decisions with limited information.  Look at who is for and who is against going to war.  Former General Wesley Clark suggests that the United States seeks to take out Iraq, Syria, Lebanon, Libya, Somalia, Sudan and Iran.  The Neo-conservatives in America want the United States to be mired in constant war everywhere on the planet all the time.  They keep getting us in trouble.”

8          “The bad folks.  Do they have even or odd numbers?  What color are their uniforms?”

. . .

7          “Much of the fighting is a prolonged currency war between the United States and many other countries.  The United States is slowly losing the franchise on the world’s reserve currency.”

. . .

[See the e-commentary at World’s Reserve Currency War I = Cold War 2.0 = WW III (?) (September 8, 2014) and Le Dollar – World’s Reserve Currency? (November 28, 2011).]

Bumper sticker of the week:

Are they doing the watusi when they should be doing the hokey pokey?

“Grexit”, “GrexEUnt”, Percolating Problems: PIIGS, BRICS, EU, EC, ECB, IMF, NATO, WTO, WAR (February 23, 2015)

Posted in Banks and Banking System, China, Greece, International Finance, Iran, Russia, Sports on February 23, 2015 by e-commentary.org

. . .

1          “‘GrExit’ admixes ‘Greek’ with ‘exit’ and may be the ‘Portmanteau Word of the Year for 2015’.”

2          “Or 2016?  Who knows.  They are punting and kicking.”

1          “What about ‘GrexEUnt’ for the ‘Greece’ ‘exeunt’ from the ‘EU’ because the dancing is so dramatic?  Devastating to stay, devastating to go.  So we Do-si-do and around we go.”

. . .

1          “Two prize fighters are circling each other warily, a flyweight versus a heavyweight.  In one corner, Greece cannot under any circumstances pay the massive debt to Germany (now d.b.a. IMF, ECB and EC) amassed by the Greek oligarchs.  In the other corner, Germany cannot under any circumstances allow Greece not to pay the massive debt it claims is owed to Germany.  In the stands, Greek citizens who now realize that the banks got bailed out but the citizens were abandoned and will suffer under any scenario.  On the sidelines, Portugal, Italy, Ireland, Spain (PIIGS) and other sovereign colonies await the outcome and their turn in the ring.  An unstoppable force meets an immovable object.”

2          “The Parthenon painted in black, red and gold does not seem striking.”

1          “The Pantheon bedecked in black, red and gold could trigger some strikes.”

2          “Another great battle between the ‘Versailles Reparations’ paradigm and the ‘Marshall Plan’ paradigm.”

1          “The central Lesson of the Twentieth Century is that it is easier to take by investment than by invasion.  The central Corollary of the Twenty-First Century is that you cannot take too much by investment or you risk an invasion.”

2          “The German group should not have foisted all the funds on the Greek oligarchs; the Greek oligarchs should not have gotten all the lucre from the German group.  Seems that they are each about fifty percent culpable.  Split the difference?”

. . .

1          “Markets usually price in inevitable developments and go on with life and business.  Which side has the market priced to prevail and how will the outcome play out on the planet?”

2          “What if Greece remains in NATO, pivots to Russia for assistance and opposes sanctions against Russia from the inside?  The BRICS Confederacy will need to fashion a new acronym.”

1          “The astute Western players might keep Greece cum a new drachma in the European Union for trade and transportation purposes and for international security concerns.”

2          “O’Bama traveled to India to keep India from allying more closely with the BRICS.”

1          “Senator Bernie Sanders wants the Federal Reserve to ride to the rescue.  He understands the Corollary.  However, expanding the Federal Reserve to become the American Monetary Fund (AMF) may not be wise or prudent.”

. . .

2          “The Europeans are fighting their civil war with each other and were drafted to serve as proxies and mercenaries to fight America’s currency war with Russia.  The French cannot sell fromage, the Pols cannot sell apples, and even the Germans cannot sell brats.  And no one can buy inexpensive gas from Russia.  And America does what America does.  America sits back far from the front and consumes.”

1          “And secretly funds some folks.  The Europeans are fighting America’s war with Russia and not making their required NATO defense expenditures.  The Germans and others could write off some of the debts and then book the amounts against their required NATO defense expenditures.  America is committed to fighting the Russians until the last European collapses.”

2          “America may not be able to sit back.  Under settled international law, America’s cyberespionage against Russia, China, Pakistan, Afghanistan and Iran are each acts of war that provide justification for those countries to attack America.  America’s antics may trigger an unattractive response.  Not a pretty situation.”

1          “But remember that America has proclaimed that it can always unilaterally exempt itself from international law.”

. . .

2          “The punting and kicking the can now is measured in time not in distance.  With the four month reprieve until June 21, the new ‘high noon’ show down occurs on the longest day of the year.”

. . .

2          “Greece is a failed state with few clear public records describing private property ownership, a tax collection non-system and a distended pension system.  Without a functioning country or economy in Greece, the prospect of a functioning country or economy in Greece is not promising.  Stay tuned.  Film at 11.”

1          “During the sports segment, surely.”

. . .

[See the article at U.S. Embedded Spyware Overseas, Report Claims” in “The New York Times” by Nicole Perlroth and David E. Sanger dated February 16, 2015.]

Bumper stickers of the week:

You can provide liquidity but you cannot provide solvency

Can God create a stone so heavy that not even God is strong enough to lift it?  Can man create a debt so heavy that not even mankind is strong enough to lift it?