Today the news hit the papers that a group of US Congressmen, led by Eliot L. Engel, have put together a new bill of sanctions upon Russia for the alleged violations of human rights.
As I have written in the past, Russian freedom of the press is in quite good health, better health, one might say then the US corporate clone media. As for political freedom, Russia has 5 parties in parliament and over 700 registered parties in the country, many times more than the US or any of the other Western countries who have declared themselves the arbiters of democracy. Additionally, as to Boris Nemtsov, a man who by the time of his death, was a long gone political has been and could not have garnered 3% of the vote in the previous elections, having him gunned down across from the Kremlin, in broad day light only made sense in an Austin Powers movie or for a foreign power in need of a new martyr for a fake narrative.
So let us take stock of this situation. In the middle of a COVID exasperated but long foretold economic collapse, with spiraling systematic mass unemployment and mass bankruptcies of major retail corporations, meat rationing due to the closure of meat plants and the destruction of herds by bankrupt farmers, and a run away Fed that has now decided to print without end, the US has decided to up the anti.
Not satisfied with its endless wars in Afghanistan, Iraq and illegal intervention in Syria replete with the mass theft of Syrian oil, it finds itself on the brink of war with Iran and Venezuela, with new tensions with Cuba, with bad blood with its European vassals after out and out piracy of German, French, Italian and Canadian (ok they are not European) medical supplies. The US has launched in effect a war of words, accusations and again trade with China, a war threatening to turn hot. It has extremely tense relations with Turkey, has attempted to strong arm Saudi Arabia, the very nation because of whom the US dollar is the world's reserve currency. Even India has started to again distance itself after America's ham fisted attempts at putting pressure on that nation.
So in the midst of a total collapse in world credibility and partnership, the insanity that is the modern US government, to include both parties of the Congress, has decided to reignite the pressure and standoff with Russia, by creating yet more sanctions.
Russia has had waves of sanctions launched against it in the past 7 years. First for the democratic choice of Crimeans to leave the Ukraine after a western sponsored nazi coup, then for Ukraine's genocidal war against the Donbass that has thankfully failed, followed by the fictitious 2016 Russian election tampering, the comedy show of the supposed Skripel poisonings and for Rosneft continuing business dealings with the legitimate Venezuelan government, instead of confiscating and pocketing billions of Venezuela's oil revenues, like some others. I am sure I have missed a few more.
To this end, President Putin will now face ever stronger domestic pressure to respond in kind and further more so since Russia sent a plane of medical aid to the US and was already rewarded by howlers of Russophobia in the US media. Russian public opinion was very angry about any Russian sent help to the US which is seen by many as an aggressor. To that end, to put his hand out, President Putin took a hit to his own popularity. That this has now been repaid first by the western MSM screaming about cynical political ploys and now with additional sanctions, President Putin's position can not help but harden. Additionally the Medvedev Atlantist neo-liberal block has effectively been removed from power and those still remaining in positions, neutered.
So what does this mean for US business: more of the same as it has for the past 7 years. US business has lost market space, has lost revenue and opportunities. Not only has US business lost large chunks to European and Asian competitors, Russia through aggressive import substitution has created manufacturers who first filled Russia's own needs and are now starting to come onto the world market as competitors to those same American corporations.
Just a few examples: Exxon was forced out by Obama from the northern Russian marine oil fields. Rosneft brought Exxon in because Exxon already had the technology it needed. With Exxon gone, Rosneft was forced to invest its own funds into developing those same technologies and once developed, it is now free with its own patents to compete and to compete at a lower production margin. Exxon itself, in just one trillion dollar light sweet crude field, a field in a sea of many such fields, lost $100 billion over a 10 year period and the US taxpayers equally lost $10 billion in taxes.
The various large scale Russian infrastructure projects, such as the Amyrsk LNG plant, the World Cup football stadiums, the expansion of various Russian oil refineries over the past 5 years and so on have also seen strict banning of any US based vendors. When asked America's political instability towards Russia is the given reason.
Even world credit card markets now have the Mir card as a new competitor. True, still in the early stages on the world stage, it has taken over a large chun
In a post Corona and more precisely mid Greater Depression era, these major projects will be some of the few still left ongoing. The pressure on US business, with such huge closed markets, along with a loss of markets in China and a broken EU, will be enormous. What can readily be the very lifeline for millions of jobs is no more and can be no more in the face of the cowardliness of American business leaders to call out the insanity of Washington.
Such is the price of silence.
“Vladimir Putin is a cruel authoritarian with a long track record of silencing civil liberties, including freedom of the press, freedom of speech, political opposition, and democracy. We need only to look at the violent killing of Putin-critic Boris Nemtsov to see how Putin brutally suppresses those who speak out against him,” Engel said.
As I have written in the past, Russian freedom of the press is in quite good health, better health, one might say then the US corporate clone media. As for political freedom, Russia has 5 parties in parliament and over 700 registered parties in the country, many times more than the US or any of the other Western countries who have declared themselves the arbiters of democracy. Additionally, as to Boris Nemtsov, a man who by the time of his death, was a long gone political has been and could not have garnered 3% of the vote in the previous elections, having him gunned down across from the Kremlin, in broad day light only made sense in an Austin Powers movie or for a foreign power in need of a new martyr for a fake narrative.
So let us take stock of this situation. In the middle of a COVID exasperated but long foretold economic collapse, with spiraling systematic mass unemployment and mass bankruptcies of major retail corporations, meat rationing due to the closure of meat plants and the destruction of herds by bankrupt farmers, and a run away Fed that has now decided to print without end, the US has decided to up the anti.
Not satisfied with its endless wars in Afghanistan, Iraq and illegal intervention in Syria replete with the mass theft of Syrian oil, it finds itself on the brink of war with Iran and Venezuela, with new tensions with Cuba, with bad blood with its European vassals after out and out piracy of German, French, Italian and Canadian (ok they are not European) medical supplies. The US has launched in effect a war of words, accusations and again trade with China, a war threatening to turn hot. It has extremely tense relations with Turkey, has attempted to strong arm Saudi Arabia, the very nation because of whom the US dollar is the world's reserve currency. Even India has started to again distance itself after America's ham fisted attempts at putting pressure on that nation.
So in the midst of a total collapse in world credibility and partnership, the insanity that is the modern US government, to include both parties of the Congress, has decided to reignite the pressure and standoff with Russia, by creating yet more sanctions.
Russia has had waves of sanctions launched against it in the past 7 years. First for the democratic choice of Crimeans to leave the Ukraine after a western sponsored nazi coup, then for Ukraine's genocidal war against the Donbass that has thankfully failed, followed by the fictitious 2016 Russian election tampering, the comedy show of the supposed Skripel poisonings and for Rosneft continuing business dealings with the legitimate Venezuelan government, instead of confiscating and pocketing billions of Venezuela's oil revenues, like some others. I am sure I have missed a few more.
To this end, President Putin will now face ever stronger domestic pressure to respond in kind and further more so since Russia sent a plane of medical aid to the US and was already rewarded by howlers of Russophobia in the US media. Russian public opinion was very angry about any Russian sent help to the US which is seen by many as an aggressor. To that end, to put his hand out, President Putin took a hit to his own popularity. That this has now been repaid first by the western MSM screaming about cynical political ploys and now with additional sanctions, President Putin's position can not help but harden. Additionally the Medvedev Atlantist neo-liberal block has effectively been removed from power and those still remaining in positions, neutered.
So what does this mean for US business: more of the same as it has for the past 7 years. US business has lost market space, has lost revenue and opportunities. Not only has US business lost large chunks to European and Asian competitors, Russia through aggressive import substitution has created manufacturers who first filled Russia's own needs and are now starting to come onto the world market as competitors to those same American corporations.
Just a few examples: Exxon was forced out by Obama from the northern Russian marine oil fields. Rosneft brought Exxon in because Exxon already had the technology it needed. With Exxon gone, Rosneft was forced to invest its own funds into developing those same technologies and once developed, it is now free with its own patents to compete and to compete at a lower production margin. Exxon itself, in just one trillion dollar light sweet crude field, a field in a sea of many such fields, lost $100 billion over a 10 year period and the US taxpayers equally lost $10 billion in taxes.
The various large scale Russian infrastructure projects, such as the Amyrsk LNG plant, the World Cup football stadiums, the expansion of various Russian oil refineries over the past 5 years and so on have also seen strict banning of any US based vendors. When asked America's political instability towards Russia is the given reason.
Even world credit card markets now have the Mir card as a new competitor. True, still in the early stages on the world stage, it has taken over a large chun
In a post Corona and more precisely mid Greater Depression era, these major projects will be some of the few still left ongoing. The pressure on US business, with such huge closed markets, along with a loss of markets in China and a broken EU, will be enormous. What can readily be the very lifeline for millions of jobs is no more and can be no more in the face of the cowardliness of American business leaders to call out the insanity of Washington.
Such is the price of silence.
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