Russian Deputy PM Laughs at Obama’s Sanctions

Sanctions on Russia Could Also Be Disruptive to the Global Economy...
:eusa_shifty:
Obama Authorizes Sanctions on Russia That 'Could Also Be Disruptive to the Global Economy'
March 20, 2014 -- After Russian officials laughed off the first round of sanctions imposed by the United States -- and amid fears that Russia may encroach further into Ukraine -- President Obama announced on Thursday that he is "now moving...to impose additional costs on Russia."
Among other steps, Obama said he signed a new executive order on Thursday "that gives us the authority to impose sanctions, not just on individuals, but on key sectors of the Russian economy. This is not our preferred outcome," he said. "These sanctions would not only have a significant impact on the Russian economy but could also be disruptive to the global economy." Obama did not specify any sector of the Russian economy, but White House spokesman Jay Carney said yesterday that there would be "additional responses" to the Russian aggression, and he mentioned "the arms sector of Russia" as one possibility.

Obama on Thursday said "further escalation" by Russia will only lead to its further isolation from the international community. He said Russia must show "respect" for sovereignty and territorial integrity -- as well as "the notion that nations do not simply re-draw borders or make decisions at the expense of their neighbors simply because they are larger or more powerful."

Obama said he continues to be "deeply concerned" about events in Ukraine, including the "illegitimate" move by Russia to annex Crimea and the "dangerous risks of escalation," including threats to southern and eastern Ukraine. Under the authority of a previous executive order, Obama also announced that he is imposing santions on additional Russian government officials as well as other individuals and a bank that provide material support to the Russian government.

Obama Authorizes Sanctions on Russia That 'Could Also Be Disruptive to the Global Economy' | CNS News

See also:

Russian Holdings of U.S. Debt Dropped 20% in Past Year
March 19, 2014 -- Russian holdings of U.S. government debt have dropped 20 percent in the past year, according to new data released by the U.S. Treasury Department.
Russia currently ranks tenth among individual foreign jurisdictions--ahead of Germany and France--for its ownership of U.S. government debt. As of the end of February 2013, entities in Russia held $164,900,000,000 in U.S. Treasury securities. By the end of January 2014, Russian holdings of U.S. Treasury securities had dropped to $131,800,000,000—a decline of $33,100,000,000, or 20 percent. The Treasury began including Russia in its monthly listing of Major Foreign Holder of Treasury Securities in January 2007, when entities in Russia held $8.5 billion in U.S. government debt. At that time, entities in Japan were the top foreign owners of U.S. government debt, with holdings of $627.7 billion. Mainland China was second with $401.0 billion; and the United Kingdom was third with $104.0 billion.

RUSSIAN%20HOLDINGS%20OF%20US%20DEBT%20DOWN%2020-CHART.jpg


At that time, foreign entities collectively held only $2.12 trillion in U.S. government debt. In October 2008, President George W. Bush signed legislation creating the Troubled Asset Relief Program to bail out financial institutions. In February 2009, President Barack Obama signed the American Recovery and Reinvestment Act, which aimed at stimulating the U.S. economy which was then in recession. Since the end of 2008, the federal government’s debt has escalated massively as has foreign ownership of that debt. In August 2008, total foreign ownership of U.S. government debt was 2.6887 trillion. As of this January, that had risen to $5.8327 trillion--an increase of 117 percent.

TOP%2020%20FOREIGN%20HOLDERS%20OF%20US%20DEBT-01-14-1.jpg


Whereas in January 2007, there were only three foreign jurisdictions (Japan, Mainland China, and the UK) where entities held $100 billion or more in U.S. government debt, as of January 2014 there were eleven. These included Mainland China ($1.2735 trillion); Japan ($1.2014 trillion); Belgium ($310.3 billion); Brazil ($246.0 billion); Taiwan ($179.1 billion); Switzerland ($173.7 billion); United Kingdom ($162.9 billion); Hong Kong, which is counted separately from Mainland China ($160.3 billion; Luxembourg ($135.3 billion); Russia ($131.8 billion); and Ireland ($108.8 billion).

The $5.8327 trillion in U.S. government marketable debt that foreign entities owned as of January was 49.4 percent of the U.S. government’s total of $11.80207 trillion in marketable debt. As of Jan. 29, the Federal Reserve also owned $2.243176 trillion of the U.S. government’s marketable debt. The combined $8.075876 trillion in marketable U.S. government debt held by foreign entities and the Federal Reserve as of the end of January equaled 68.4 percent of all U.S. government marketable debt. The full U.S. government debt as of the end of January was $17.293020 trillion. That included $506.073 billion in nonmarketable Treasury securities and $4.984877 trillion in “intragovernmental holdings,” which is money the federal government has borrowed from itself (i.e from the Social Security Trust Fund).

Russian Holdings of U.S. Debt Dropped 20% in Past Year | CNS News
 
So the feds have issued iou's to us of nearly $5 trilliiiooonnn, for what they borrowed from social security as well as the other $8 trillliiiooonnn we owe foreigners for the out of control spending. Makes ya fill all fuzzy, doesn't it?!?!
 
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What would make us not look weak?
It's a little like telling the guy in the hospital how to win a fight. That ship has sailed. It's a tougher job now but Mr. O could announce gas and oil production will be a new national priority. That alone will get Moscow's attention, maybe too late for Crimea though but maybe it will make them think twice about continuing along the same lines. Which they will.
 
This guy may be laughing now but wait till he tries to access his Netflix account.
Or tries to watch Hot housewives of Leningrad on the Bravo channel...

We will see who is laughing then...

Man Obama and Kerry really know how to hurt a guy!
 
What would make us not look weak?
It's a little like telling the guy in the hospital how to win a fight. That ship has sailed. It's a tougher job now but Mr. O could announce gas and oil production will be a new national priority. That alone will get Moscow's attention, maybe too late for Crimea though but maybe it will make them think twice about continuing along the same lines. Which they will.

Boy that would work!

Just convince the NIBYs in Europe to build a new LNG terminal! And pay for it, and pay transportation costs. Shucheroonies, no one wants that terminal. They all want it someplace else. They aren't too interested in paying extra to get American product. They aren't interested in the sacrifice.
 
What would make us not look weak?
It's a little like telling the guy in the hospital how to win a fight. That ship has sailed. It's a tougher job now but Mr. O could announce gas and oil production will be a new national priority. That alone will get Moscow's attention, maybe too late for Crimea though but maybe it will make them think twice about continuing along the same lines. Which they will.

He asked you what would work, not what would not work.

We should have done nothing and said nothing, because it's not our business. Just like Bush did nothing in response to Russia's invasion of Georgia, after Bush stupidly encouraged Georgia to stand up to Russia. Bush barely did or said anything, and tried to pretend the whole thing didn't happen. It was actually the right thing to do. After eight years of George Dumya's all-thumbs diplomacy and mismanaged warmongering, Russia made a fool of Bush over Georgia, despite Dumya looking deep into the eyes of 'Pooty Poot'.
 
What would make us not look weak?
It's a little like telling the guy in the hospital how to win a fight. That ship has sailed. It's a tougher job now but Mr. O could announce gas and oil production will be a new national priority. That alone will get Moscow's attention, maybe too late for Crimea though but maybe it will make them think twice about continuing along the same lines. Which they will.

He asked you what would work, not what would not work.

We should have done nothing and said nothing, because it's not our business. Just like Bush did nothing in response to Russia's invasion of Georgia, after Bush stupidly encouraged Georgia to stand up to Russia. Bush barely did or said anything, and tried to pretend the whole thing didn't happen. It was actually the right thing to do. After eight years of George Dumya's all-thumbs diplomacy and mismanaged warmongering, Russia made a fool of Bush over Georgia, despite Dumya looking deep into the eyes of 'Pooty Poot'.
Oil and gas isn't the issue and it's all Bush's fault? Retard.
 
What would make us not look weak?
It's a little like telling the guy in the hospital how to win a fight. That ship has sailed. It's a tougher job now but Mr. O could announce gas and oil production will be a new national priority. That alone will get Moscow's attention, maybe too late for Crimea though but maybe it will make them think twice about continuing along the same lines. Which they will.

Oil production in the US hit a 40 year high this month..
 
What would make us not look weak?
It's a little like telling the guy in the hospital how to win a fight. That ship has sailed. It's a tougher job now but Mr. O could announce gas and oil production will be a new national priority. That alone will get Moscow's attention, maybe too late for Crimea though but maybe it will make them think twice about continuing along the same lines. Which they will.

Oil production in the US hit a 40 year high this month..
And? We want the Keystone pipeline from Canada because....?
 
It's a little like telling the guy in the hospital how to win a fight. That ship has sailed. It's a tougher job now but Mr. O could announce gas and oil production will be a new national priority. That alone will get Moscow's attention, maybe too late for Crimea though but maybe it will make them think twice about continuing along the same lines. Which they will.

He asked you what would work, not what would not work.

We should have done nothing and said nothing, because it's not our business. Just like Bush did nothing in response to Russia's invasion of Georgia, after Bush stupidly encouraged Georgia to stand up to Russia. Bush barely did or said anything, and tried to pretend the whole thing didn't happen. It was actually the right thing to do. After eight years of George Dumya's all-thumbs diplomacy and mismanaged warmongering, Russia made a fool of Bush over Georgia, despite Dumya looking deep into the eyes of 'Pooty Poot'.
Oil and gas isn't the issue and it's all Bush's fault? Retard.


Right. Oil & gas have nothing to do with it. We producing more than ever.

And Bush's humiliation in Georgia by "Pooty Poot" is proof that the GOP's oafish aggressiveness in foreign policy never scared Russia for one second. So spare us all this faux macho-man routine conservatives are engaging in lately. It's laughable.
 
And Bush's humiliation in Georgia by "Pooty Poot" is proof that the GOP's oafish aggressiveness in foreign policy never scared Russia for one second. So spare us all this faux macho-man routine conservatives are engaging in lately. It's laughable.
We aren't even oil independant. The laughs are on those that blame Obama's foreign policy on Bush.
 

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