tag:blogger.com,1999:blog-2761684730989137546.post1609541043890996666..comments2024-03-29T07:30:30.121-04:00Comments on Mike Norman Economics: Reuters — US Curbs On Russian Banks Would Be Act Of Economic Warmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-2761684730989137546.post-9709070087215371942018-08-10T21:07:51.938-04:002018-08-10T21:07:51.938-04:00Considering that Russia is buying its own extracti...Considering that Russia is buying its own extraction output and thereby injecting roubles into the economy without affecting the fiscal balance, it's an improvement over holding USD.Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-34900278154788975152018-08-10T20:08:37.952-04:002018-08-10T20:08:37.952-04:00Oh boy gold now there’s an upgrade....Oh boy gold now there’s an upgrade....Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-36746062744177236452018-08-10T19:45:54.490-04:002018-08-10T19:45:54.490-04:00Russia cut back its holdings of US Treasuries to 1...Russia cut back its holdings of US Treasuries to 15 B from 100 B. Shifting reserves to gold instead.<br />Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-61727272345889437612018-08-10T19:05:31.812-04:002018-08-10T19:05:31.812-04:00“This means that Russia’s whole military and intel...“This means that Russia’s whole military and intelligence command has been mobilized to discuss the latest American sanctions....“<br /><br />Boy too bad they all aren’t POS USD zombies over there or sanctions would have zero effect... Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-34622114886647791712018-08-10T14:25:15.788-04:002018-08-10T14:25:15.788-04:00Voting yeah or nay is hard work.
Whatever hard w...<i> Voting yeah or nay is hard work.</i> <br /><br />Whatever hard work there is, the staffs do it — unless one considers constant fundraising and wooing donors to be hardwork.<br /><br />Anyway, in the party system the leadership determines the voting, and the difference in the votes is mostly based on behind the scenes strategizing how the votes will fly with voters in the coming election in swing districts.<br /><br />Calling this "democracy" is ludicrous.Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-86762109946932021202018-08-10T14:13:43.277-04:002018-08-10T14:13:43.277-04:00“The fate of the U.S. bill that would tighten sanc...<i> “The fate of the U.S. bill that would tighten sanctions much further is not certain. The full U.S. Congress will not be back in Washington until September..." </i> ~ Reuters<br /><br />Yes. The U.S. House has been on vacation since 30 July, and politicians won’t come back until 4 September. This is understandable, since it is hard work voting on bills written by AIPAC, bankers, and military contractors. That’s why each Congress member collects $174,000 per year, plus all they can steal. The majority and minority leaders of both the Senate and the House collect $193,400 per year. The House Speaker collects $223,500 a year. Plus lavish percs and benefits.<br /><br />Voting yeah or nay is hard work.Konradhttps://www.blogger.com/profile/01739209449391854796noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-37613798577017013822018-08-10T13:58:20.878-04:002018-08-10T13:58:20.878-04:00“Recall that the US entered WWII as a result of th...<i> “Recall that the US entered WWII as a result of the US blockade of Japan, which Japan interpreted as an act of war and responded by attacking Pearl Harbor.”</i><br /><br />Yes. Because of increasing U.S. belligerence, Japan (an island nation) began searching for alternative sources of oil, tin, rubber, and other imports. <br /><br />Japan at that time received over 80% of its oil from the USA. <br /><br />Japan looked to Brunei for oil, and Malaya for rubber and tin. If Japan could gain control of the region’s rubber and tin production, it would be a blow to the West, which imported such materials from the East.<br /><br />In the autumn of 1940, Japan requested 3.15 million barrels of oil from Indonesia (then called the Dutch East Indies), but received a counteroffer of only 1.35 million. By June 1941, Japan invaded parts of Southeast Asia, including Vietnam and Indonesia. On 26 July 1941 the USA responded by seizing all Japanese assets in the United States, and by embargoing Japan. The UK and the Netherlands also embargoed Japan. The combined embargoes deprived Japan of three-fourths of its overseas trade and 88 percent of its imported oil.<br /><br />The USA <b>totally provoked </b>Japan into attacking Pearl Harbor, while claiming that the attack was <b>“totally unprovoked.”</b><br /><br />War has always been part of the American character. Just yesterday the American-supplied Saudis attacked a school bus in Yemen, murdering 29 children and wounding at least 30 others, all under age 15. <br /><br /><b>TRIVIA:</b> After the U.S. government blew up part of the Pentagon on 9-11, the government claimed that a “jetliner” hit it. Wikipedia has a video of this false flag attack. You can see the explosion at 1:24 in the video. Of course there is no jetliner. Either the government fired a missile at the Pentagon, or else the explosion was caused by pre-planted charges, as occurred with the World Trade Center.<br /><br /><b> The Reuters article says</b> that there is, <i> “Pressure on Trump to show he is tough on Russia ahead of mid-term elections.”</i><br /><br />Yes indeed. Bankers, oligarchs, and their puppet politicians are driving us into ever-worsening poverty and debt slavery, but voters only care about being “rough on Russia.” Right? <br /><br />Q. Why can’t we have universal Medicare?<br />A. Russia! Russia! Russia! <br /><br />Q. Why are more and more Americans homeless?<br />A. Russia! Russia! Russia! <br /><br />Q. Why are there---<br />A. Russia! Russia! Russia! <br /><br />Q. Why---<br />A. Russia! Russia! Russia!Konradhttps://www.blogger.com/profile/01739209449391854796noreply@blogger.com