Punishing Russia With Sanctions
POSTED BY: THG
UPDATED: Tuesday, August 4, 2026 04:52
VIEWED: 33436
PAGE 16 of 63
Quote:
Biden Casually Says Food Shortage "Going To Be Real" As Necessary "Price" Of Anti-Russia Sanctions
https://www.zerohedge.com/geopolitical/nato-issues-full-statement-layi
ng-out-defense-readiness-against-russia-calls-out-china
Food shortages!
Rampant inflation!
High fuel prices!
Because... bullshit!
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Pity would be no more,
If we did not MAKE men poor - William Blake
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And thus Joe Biden* continued his longstanding tradition of telling the American people that they were fucked and that they should go get fucked.
--------------------------------------------------
Me: "Remember Covid?"
Useless Idiots: "What's Covid, durr? Russia, Ukraine, Putin, NATO *drool*. DURRRR!!!!"
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The IRS got $0 to enforce its crackdown on Russian oligarchs because the GOP blocked the funding.
Enforcement against U.S. billionaires cheating taxes is also down 25% this decade.
So much for "tough on crime." Better not steal gum from a store though.
IRS unit gets no funding to enforce sanctions against Russian oligarchs
The White House request to give the IRS $30 million for tracing financial activities associated with sanctioned people appeared to run afoul of broader reluctance by Republicans to put more money into IRS enforcement actions.
The workforce of the investigations unit has shrunk by 25% over the course of the last decade, according to Treasury.
The unit “is in desperate need of stable, long-term funding to develop a deeper understanding of the global financial landscape and trace and seize assets that today are in the hands of criminals,” Treasury said in a statement last week.
https://www.marketwatch.com/story/irs-unit-gets-no-funding-to-enforce-
sanctions-against-russian-oligarchs-01648076777
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
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Quote:
Originally posted by SignyM:Quote:
Biden Casually Says Food Shortage "Going To Be Real" As Necessary "Price" Of Anti-Russia Sanctions
https://www.zerohedge.com/geopolitical/nato-issues-full-statement-layi
ng-out-defense-readiness-against-russia-calls-out-china
Food shortages!
Rampant inflation!
High fuel prices!
Because... bullshit!
-----------
Pity would be no more,
If we did not MAKE men poor - William Blake
Yeah you just keep talking shit comrade it's what you're good at.
In the meantime. Russia is changing its game plan. They are saying they have accomplished thier goals of de-nazifying Ukraine and destroying its military. They will now concentrate on the Donbas area.
How fucking funny is this shit comrade.
T
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T
Special report: The financial battle taking place over Ukraine and Russia
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T
Sanctions Expert: New Sanctions Tightening ‘The Screws On Russia’s Economy’
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Just waie until those sanctions boomerang back on us. And that won't be as bad as what happens to the EU. Looks like Biden* is ready to fight to the last Ukrainian/ German/ Pole/ Estonian. Other nations will refuse to go along.
I personally think the EU is going to fracture over this in 7 years, and that the Green Party - and other rabidly pro-war parties- are going to suffer permanent defeat, never to rise again.
-----------
Pity would be no more,
If we did not MAKE men poor - William Blake
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The Curious Case of the Recovering Ruble
One thing Russia has managed to defend quite effectively is the value of its currency. The ruble plunged in the days after the Ukraine invasion, but it has since recovered almost all of its losses. How did that happen, and what does it mean?
Elvira Nabiullina, the governor of Russia’s central bank — a role equivalent to that of Jerome Powell at the Federal Reserve — is especially well regarded by her peers abroad.
Nabiullina and her colleagues pulled out all the stops to defend the ruble. They raised the key interest rate — more or less equivalent to the federal funds rate in the United States — from 9.5 to 20 percent, to induce people to keep their funds in Russia. They also imposed extensive controls to prevent capital flight: Russians have faced restrictions on moving their money into their foreign bank accounts, and foreign investors have been prohibited from exiting Russian stocks, and more.
Russia has imposed severe capital controls, but it has also sacrificed monetary independence, drastically raising interest rates in the face of a looming recession.
My guess is that the value of the ruble has become a crucial target not so much because it’s all important but because it’s so clearly visible.
Suppose that, as seems highly likely, Russia sees a huge surge in inflation and a plunge in gross domestic product in the months ahead. Will Putin’s government admit that these bad things are happening? Quite possibly not. Authoritarian regimes often try to suppress unfavorable economic data. Recently, for example, Turkey’s president, Recep Tayyip Erdogan, responded to reports of high inflation by sacking the head of his nation’s statistical agency.
Some years ago researchers at M.I.T. created the Billion Prices Project using online price data to specifically track the consistent understatement of inflation by Argentina’s government at the time. The same approach also turned out to be very useful in the United States for the opposite reason — as a way to refute claims by right-wing “inflation truthers” that the Obama administration was cooking the books (it wasn’t).
If Russia’s economy deteriorates as badly as most expect in the near future, it seems all too likely that the nation’s muzzled media will simply deny that anything bad is happening. One thing they couldn’t deny, however, would be a drastically depreciated ruble. So defending the ruble, never mind the real economy, makes sense as a propaganda strategy.
A further thought: Among the people who might not be aware of deteriorating Russian economic conditions, as long as the ruble holds its value, might be Vladimir Putin himself. U.S. intelligence claims that Putin’s military advisers have been afraid to tell him how badly the war is going. Is there any reason to believe that his economic advisers will be any more courageous?
So Russia’s defense of the ruble, while impressive, isn’t a sign that the Putin regime is handling economic policy well. It reflects, instead, an odd choice of priorities, and may actually be a further sign of Russia’s policy dysfunction.
More at https://web.archive.org/web/20220403012908/https://www.nytimes.com/202
2/04/01/opinion/russia-ruble-economy.html
https://www.google.com/search?q=exchange+rate+dollar+to+ruble
https://www.google.com/search?q=exchange+rate+euro+to+ruble
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
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Quote:
Originally posted by SIGNYM:
Just waie until those sanctions boomerang back on us. And that won't be as bad as what happens to the EU. Looks like Biden* is ready to fight to the last Ukrainian/ German/ Pole/ Estonian. Other nations will refuse to go along.
I personally think the EU is going to fracture over this in 7 years, and that the Green Party - and other rabidly pro-war parties- are going to suffer permanent defeat, never to rise again.
File under: "SIGNYM's Dream scenario"
"I personally think the EU is going to fracture over this in 7 years"
Why 7 years? Q-Anon info?
How will those sanctions "boomerang back on us?" Pls explain.
I need some clarity on how Biden is forcing these countries Ukrainian/ German/ Pole/ Estonian to do anything against their will - can you explain that too?
"...and that the Green Party..."
Who?
"...and other rabidly pro-war parties- are going to suffer permanent defeat, never to rise again."
So dramatic! So, emotional!
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Quote:
Originally posted by captaincrunch:
I need some clarity on how Biden is forcing these countries Ukrainian/ German/ Pole/ Estonian to do anything against their will - can you explain that too?
--------------------------------------------------
Me: "Remember Covid?"
Useless Idiots: "What's Covid, durr? Russia, Ukraine, Putin, NATO *drool*. DURRRR!!!!"
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME