Monday, June 27, 2022

Links — 27 June 2022 Part 1

A Son of the New American Revolution
Understanding the NY Times Article on the CIA in Ukraine
Larry C. Johnson | CEO and co-founder of BERG Associates, LLC, an international business-consulting firm with expertise combating terrorism and investigating money laundering, formerly Deputy Director in the U.S. State Department’s Office of Counter Terrorism (1989-1993, and CIA operations (1984-1989)

One World
Andrew Korybko, American geopolitical analyst and independent journalist based in Moscow, and member of the expert council for the Institute of Strategic Studies and Predictions at the People’s Friendship University of Russia

Dances with Bears
John Helmer

Naked Capitalism
“G7 Aims to Hurt Russia with Price Cap on Oil Exports”

“Why The Ukraine Crisis Will Make Little Difference to Dollar Supremacy”
Yves Smith

G7's Oil Price Cap For Russia: Easier Said Than Done
Irina Slav

Zero Hedge
G7 Set To Impose "Price Caps" On Russian Oil; Unclear What This Actually Does
Tyler Durden
UNMARKING yesterday’s International Day in Support of Torture Victims
Ray McGovern, co-founder of Veteran Intelligence Professionals for Sanity, and retired 27-year career CIA whose tasks included preparing and briefing The President’s Daily Brief and leading the Soviet Foreign Policy Branch
Ten Thoughts On Abortion
Caitlin Johnstone

Southfront (sanctioned by the US Treasury Department)
Ukrainian Military Planned To Turn Airport In Severodonetsk Into NATO Military Base Near Russian Border

BREAKING: Russian Ministry Of Defense Revealed How Civilian House In Kiev Was Hit On June 26

Sputnik International
Foreign Holders of Russian Bonds Could Sue US, EU Over Asset Blockage, French Economist Says

German Media Fears Putin Preparing New ‘Raw Materials Trap’ for West

RT — Question More (Russian state-sponsored media)
Zelensky sets deadline for Russia-Ukraine conflict – media

Spoils of War
Andrew Cockburn: Why Sanctions Always Fail


Joe said...

Putting a price cap on Russian oil? Come again?

How exactly will you do this and what level of a cap are you going to put? The Russians are already selling to non-hostile countries at a discount.. Will non-hostile countries deprive themselves just to please the US? Not everyone is as dumb as the Europeans.

The only way that I can see to cap Russian oil is to first cap your own prices at even lower levels. Even that might be impossible to enforce and you'd never get the Saudi's on board anyways.. Just another episode of stepping on your saggy balls and making you faceplant.

The restraint of the Russians is remarkable, maybe even to the point of stupidity. The west wages war against you, and you keep selling them the key raw material they need for literally everything? I guess cutting of the Europeans would be considered too provocative or something, I dunno... It must be an enormous temptation to just tell the Euros to enjoy the summer cause winter could be cold.

Peter Pan said...

Kneecap Biden in November.

Joe said...

HAHAHA, the only "capping" that will be going on is the kneecapping of Biden LOL.. Good one Peter

Konrad said...

Western sanctions against Russia are sustaining inflation. The price cap nonsense is just another attempt by the West to blame Russia for the West's crimes. It’s like blaming Russia for food and fuel shortages caused by Western blockades against Russian food and fuel.

Now they are blaming Russia for an imminent default on Russia’s sovereign bonds. Russia is able and willing to pay, but the US won’t let Russia pay. Biden’s handlers won’t let the money move through Western banks to investors. But they are pretending that Russia wants to stiff investors.

Western politicians and media outlets tell nothing but lies.

A reader above writes, “The restraint of the Russians is remarkable, maybe even to the point of stupidity.”

It seems that way, but again, Western media outlets tell nothing but lies. The EU and USA make boasts and threats, but we usually find out later that it’s just talk.

For example, the EU and USA will claim to have cut off all oil imports from Russia, but we later find out that they are continuing to import Russian gas and oil, albeit quietly. I have seen this happen over and over.

Lots of boasting and bragging and talking tough that mean nothing – e.g. this idiotic chest-thumping about an imaginary “price cap” on Russian oil.

When Russia really feels threatened, Russia mobilizes.

NeilW said...

Russia continues to sell its oil because otherwise the oil wells would physically collapse and become unusable.

The problem Russia has is the type of oil well it has does not vary output very easily. If it couldn't sell the oil, or store it, then it would have to pour it away or collapse the well.

That's their weakness.

Matt Franko said...

The price caps are a confrontation to OPEC+ price setting.., might work but OPEC+ is going to have to cave…..

And Macron telling Biden US has to increase domestic production yesterday:

Joe said...

I've never heard of a well that collapses if you don't pump it, but even so that's a very, very mild weakness and wouldn't apply to gas wells. New oil wells in the US need $48/barrel to be profitable and existing wells need only $23/barrel. So Russia can still be rolling in the dough while offering whatever discount they want.. And Russia has been increasing production, so they apparently have some wiggle room there. With a cushion like that, cutting off Russian oil income will be pretty much impossible, I'll believe it when I see it.

Joe said...

Not to mention that the west is laboring under the delusion that Russia needs money to "finance" its war. It's not like Russia domestically manufacturers all its artillery shells... Oh wait...