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Thread: U.S. announces Sanctions against Russian Officials......

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    Re: U.S. announces Sanctions against Russian Officials......

    Gold can lose 40% of its value in a day - so can the dollar - actually the dollar can lose even more. A money / medium of exchange called a "fiat" has repeatedly grown to be worth nothing, but Gold never has been worth nothing. Your delusion of the dollar being "all that" is are just that - delusional.

    The proposal for the greenback at the UN had variation of 18 to 33% backing by the US dollar and little tiny countries like China and Russia opposed that - the formula is not static, determined and can change at any moment. Of course its likely the currency would be backed by the dollar at first, but it would also likely change over time; regardless the US would no longer be able to just print up currency for energy and goods it consumes.

    The best part of the economic collapse that just happened 08/09 is that the world suffered worse then we did. That doesn't mean the dollar is strong it just does not have a current competitor. Both China and Russia would like to change that - what happens of OPEC decides to change that and no longer takes dollars for oil - your life as you know it just got screwed. Mine would be fine - how will you buy bread?


    Quote Originally Posted by iliveonramen View Post
    Dollars are just a medium of exchange. It's also the most accepted currency worldwide. The need dollars because most people selling things to them don't want Rubles. They'll accept something like Euro's but if anything has become evident the dollar has by far been the most stable currency in the world. The Euro which was talked about as a replacement to the dollar has shown some weaknesses. Ignorance is some idea that Russia has chosen to use the dollar for a lot of it's trade for anything other than necessity.


    Well that's a dead end. Who wants to deal with a volatile commodity like gold as exchange. It can lose 40% of it's value in the matter of weeks. That's great for someone exporting.


    That's a dead end. What exactly would that currency be backed by? The full faith and credit of the United Nations? Bwahaha!


    If anything the recent economic collapse has proven that the dollar isn't going anywhere anytime soon...

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    Re: U.S. announces Sanctions against Russian Officials......

    There have been several. Of course our history as a world is only a few hundred years old in terms of global economies. The british pound was the last one before the dollar, and several other currencies still compete for reserve status today including the franc, yuan, yen, and euro.

    But please - keep your head in the sand and enjoy the results. I'm sure FEMA will save you.


    Quote Originally Posted by iliveonramen View Post
    What world reserve currencies have existed except the dollar! Gold was a commodity used as a currency. Any currency was supposedly based on the gold backing it or further back the actual amount of gold found physically in the currency.

    The US dollar is the only major reserve currency to ever exist until the Euro came on the stage.

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    Re: U.S. announces Sanctions against Russian Officials......

    UPDATE: NATO has responded.....as the Ukraine is formally asking for technical assistance.


    NATO pledges close cooperation with Ukraine.....


    NATO has vowed to intensify cooperation with Ukraine after residents in the Crimea peninsula voted overwhelmingly to secede and try to join Russia.

    Ukraine's Foreign Minister Andriy Deshchytsya visited NATO headquarters Monday with a request list for technical equipment that Ukraine's government needs to deal with the secession of Crimea and the Russian incursion there. It was not immediately clear what equipment Ukraine was asking for.

    NATO said in a statement the alliance was determined to boost cooperation, including the "increased ties with Ukraine's political and military leadership, strengthening.....snip-~

    Yahoo!

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    Re: U.S. announces Sanctions against Russian Officials......

    Quote Originally Posted by clownboy View Post


    That's hilarious! Kill off the EU in order to get back at Russia and for what?
    We'll fight till the last drop of their blood.

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    Re: U.S. announces Sanctions against Russian Officials......

    Quote Originally Posted by MMC View Post
    President Barack Obama on Monday froze the U.S. assets of seven Russian officials, including top advisers to President Vladimir Putin, for their support of Crimea's vote to secede from Ukraine in the most comprehensive sanctions against Russia since the end of the Cold War.

    The Treasury Department also is imposing sanctions on four Ukrainians including former President Viktor Yanukovych, a former top Ukrainian presidential adviser and two Crimea-based separatist leaders under existing authority under a previous Obama order. Senior administration officials also said they are working to identify what they called "Russian government cronies" to target the assets of those supporting the Crimea unrest, including individuals working in the arms industry.

    Obama was to make a statement Monday from the White House.

    The administration officials said Putin wasn't sanctioned despite his support of the Crimean referendum because the U.S. doesn't usually begin with heads of state. But the officials, speaking to reporters on a conference call on the condition they not be quoted by name, say those sanctioned are very close to Putin and that the sanctions are "designed to hit close to home."

    The U.S. announcement came shortly after the European Union announced travel bans and asset freezes on 21 people they have linked to the unrest in Crimea. Obama administration officials say there is some overlap between the U.S. and European list, which wasn't immediately made public.

    "Today's actions also serve as notice to Russia that unless it abides by its international obligations and returns its military forces to their original bases and respects Ukraine's sovereignty and territorial integrity, the United States is prepared to take additional steps to impose further political and economic costs," the statement said.....snip~

    U.S. announces sanctions against Russian officials
    Associated Press 27 mins ago <<<<< March 17 2014.

    The US and EU have gone ahead with the Sanctions.....also the US is accusing the Russians of Rigging the vote. Team Obama says there is some concrete evidence that some ballots for the referendum arrived pre-marked in many cities and "there are massive anomalies in the vote." Yet they could not bring forth any evidence with the Allegation.

    Now we have threatened Putin that if doesn't pull out with his troops we will continue with more Sanctions against him. Now will Putin follow thru with what he has told us? Do you think these sanctions that target people close to Putin. Will stop or persuade Putin to change course?


    Ohhhhh I'm sure Putin is SO SCARED he's shaking in his little space boots.

    What an absolute joke.

  6. #46
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    Re: U.S. announces Sanctions against Russian Officials......

    This can't be all of the sanctions right? I mean there's more to come....... right?
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


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    Re: U.S. announces Sanctions against Russian Officials......

    Quote Originally Posted by MMC View Post
    Well Obama has already stopped Military to Military talks. I am sure we will have to find another route to pull our stuff out of Afghanistan. I wouldn't count on any Search and Rescue coordination with them.

    We have put up Warnings to those inside Russia and a Travel Alert. Now Putin may go after Exxon, Coca Cola, and whoever else is over there. Freezing their assets up and who knows what else.
    Putin's planning to "Hit us in the pocketbook?" Businesses are not going to like this, and will doubtless be letting BHO and company know it! How could we counter this move? Interesting that I find myself playing chess here... You're a chess player, MMC - what would you do?:

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    Re: U.S. announces Sanctions against Russian Officials......

    Quote Originally Posted by MMC View Post
    There is no advantage for China to side with Russia on this issue and the Chinese know it.

    Why would China jeopardize its North American and European markets for Russia? China knows Russia is weak militarily, economically and demographically and have already moved into Eastern Russia while the Kremlin can do little about it. Whatever China might say publicly is in contradiction to their moves on the Russian borders.

    http://www.opendemocracy.net/od-russ...ssias-far-east

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    Re: U.S. announces Sanctions against Russian Officials......

    Quote Originally Posted by Unitedwestand13 View Post
    if europe can agree in principle to endure the pain for the common good, then russia will feel the economic pain of being unable to sell its gas.
    First, the EU is as stuck as we would be if SA or even Canada decided to turn off their pipe to us. It's just not going to happen. It'd throw them into an economic tailspin. Not to mention the Ukraine would die economically as well. The price of oil worldwide would skyrocket affecting every nation.

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    Re: U.S. announces Sanctions against Russian Officials......

    Quote Originally Posted by Ockham View Post
    This can't be all of the sanctions right? I mean there's more to come....... right?
    Heya Ockham. Yep, Obama was on TV saying so. Plus the Treasury only put the Former Pres and another Ukrainian. Then the two Crimeans on that list.

    None against any that brought the coup down on Yanokovich tho. Which by the way the French are saying the Vote goes back to MAY. Which validates Yanokovich.

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