Posted on 02/01/2022 12:15:33 AM PST by weston
I stopped by the grocery store while I was out, so I’m good for now.
Benjamin Harnwell
@harnwell
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9m
“The Russian invasion of Ukraine was decided on 30th August 2021. The shockwaves of the disastrously executed Afghanistan withdrawal continue to ripple outwards, signalling to the world that the US is now absent. The present projection of US weakness is the greatest threat to world peace.”
Understanding COVID Pandemic Politics
Thanks.
Russia Offers Record Discount For Its Oil As Buyers Pause, Struggle To Finance
Three buyers of Russian crude oil have been unable to open letters of credit from Western banks to cover their purchases, four Reuters trading sources said on Thursday following the Russian attack on Ukraine.
A letter of credit is a letter issued by banks that guarantees a buyer’s payment to a seller will be received on time and for the correct amount. However, banks may find such a definitive guarantee hard to stand by after Russia arrived in Ukraine cities by land and sea early on Thursday morning in what Russian President Vladimir Putin referred to as a “special military operation.”
Missile fire was reported near the city of Kiyv, and Russia has landed in port cities such as Odesa. Crude oil prices have shot up as a result, with Brent crude spiking to more than $104 per barrel.
So who is trying to purchase Russian crude oil? Buyers of Russian oil include Big Oil companies such as BP, Chevron, Exxon, Shell, and TotalEnergies, to name just a few. Trading houses, including Trafigura and Vitol, also purchase Russian crude oil.
Vitol also trades with Russian mining companies, according to Vitol’s website.
The anonymous Reuters sources have not disclosed which banks refused to offer letters of credit for the Russian crude oil, but any halt in the flow of Russian crude oil, which exports 7.5 million barrels of crude oil and crude oil products per day, including to the United States.
In November of last year, 17.8 million barrels of Russian crude oil and petroleum products made their way to the United States.
And we note that the US imported an average of 106,000 barrels per day last week from Russia...
Yep, exactly.
Yuck....NewsmaxTV has District Shopper (Bannon’s description :), Morgan Ortagasus (sp?) on as a Russian/Ukraine expert.
I get that she is a former State Dept employee, but, I don’t care for her shopping District’s to run for a seat. Reminds me of Hildebeast and her NY Senate run.
Can not believe I just turned on ABC news and heard someone say (roughly) "there is a January 6th kind of anger we're seeing in the Russian aggression.."
I mean what the fuck
Your whole world view must be majorly skewed if you watch cable news— sarah (@SLizMills) February 24, 2022
I just can’t - is this a new meme format
pic.twitter.com/LzM546KMjn— Adam Korzeniewski 🇺🇸 (@RealAdamK) February 24, 2022
While Russia reportedly launched a “full-scale invasion” of Ukraine, former Amb. Ric Grenell told Newsmax that former Chancellor Angela Merkel and Germany are at fault for this, emboldening Russia with Nord Stream 2 Pipeline plans.
“We should all be saying a prayer for the people of Ukraine,” Grenell told Wednesday’s “Rob Schmitt Tonight.” “This is a needless war; it should not be happening.”
Germany, President Joe Biden, and his State Department all share in the blame, Grenell told Schmitt in overnight expanded coverage of the events as they were unfolding.
“I blame the Germans for showing how weak they were going to be on the world stage, certainly encouraging NATO members to not help Ukraine, certainly telling the Ukrainian government to take NATO membership off the options list, to give in to the Russians,” Grenell continued.
“The weakness that the Germans have created his really caused this rewriting of borders in Europe.”
Biden’s weak diplomacy through the State Department and Secretary of State Antony Blinken have proved to be a “failure,” Grenell added.
“I also have to put the diplomatic failure here squarely on the Biden team, and this is a diplomatic failure,” Grenell said. “Very few places will ever hold bureaucrats to account, but the reality is when you look at war, it means that the State Department has failed. And this is what we’re looking at.
“Antony Blinken has not delivered the tough diplomacy that should have come forward. Joe Biden has not delivered tough diplomacy in the face of Russian aggression.”
The plans for the natural gas pipeline from Russia to Germany under Merkel has ultimately handed European influence to Russian President Vladimir Putin, according to Grenell, who was the U.S. ambassador to Germany under former President Donald Trump.
“Chancellor Merkel is responsible for creating the system here – where the Russians had influence in Europe and felt empowered,” Grenell said.
Catturd ™
@catturd2
·
1h
While Europe has been obsessed with worthless green energy - Russia has been building pipelines.
Everything woke turns to shit.
Election Wizard
@ElectionWiz·
1m
BREAKING — Hostomel, a town 39km from Kyiv, has fallen to Russian forces: UNIAN.
Ukrainian presidential advisor confirms that Hostomel airstrip has been seized by Russians: Reuters
Heshmat Alavi
@HeshmatAlavi
·
4m
#Ukraine says Russian forces captured the Chernobyl nuclear power plant after a “fierce” battle on the first day of Putin’s invasion.
“REAKING: The Petro chain of gas stations (this one outside of Kingman, AZ- but the entire corporate structure as per our convoy) has DENIED ALL SERVICE including gas, restrooms, food to any truck or car involved with the convoy
Norsky, where did you get this from?
I watch the LIVE chat and they just reported that 25,000 gallons of gas was donated to them and some of the truckers filled up last night in Kingman and some are filling up this morning.
They report there have been NO PROBLEMS.
They set their coordinated narrative, months ago, no doubt.
...............
Don't remember, I post too much stuff. I hope it is not true, but considering Biden and how everyone is bending over to appease, well, you know the thing.
The latest, from Karl Denninger...
Now About Taiwan....
[Comments enabled]
Putin recognizes two “break-away” provinces in the Ukraine.
The world screams, then he rolls troops and material, presumably invited by said break-aways, to keep the peace.
Germany suddenly decides it likes the idea of forcing a stop on NordStream2, which many predicted they would not because Germany (foolishly) shut down nuclear and fossil fuels other than natgas, which of course comes through that pipe.
So why the action?
Simple, when you get down to it: How is this different than Taiwan?
It’s not.
And this forms a very serious problem because the United States, Germany and basically the entire western world permitted TMSC to be the source — a single-source, and a dominant one for that which is not single-source — for electronic components, specifically complex ICs.
We did this under the false claim and statement that Taiwan was “free” — that is, not Communist as is mainland China.
That was always a lie and China has always said that Taiwan is part of China, period, and while they permit economic and political freedom to a greater degree there it is only because they want to that this is the condition in which Taiwan operates today.
It takes five to ten years to build the fab capacity to replace TMSC. Nobody is doing it, and nobody did do it in the past either did they, including of course Trump.
We, as Americans, and the rest of the western world allowed this to happen. We did it so we could “enjoy” pushing off what would otherwise be immediate inflationary impacts from deficit spending. In other words we cheated because there is in fact never something for nothing. Not in chemistry, physics, thermodynamics or economics.
There is displacement of cost from one place to another, however, whether that cost is environmental damage, labor and working conditions or monetary shenanigan expense that comes from emitting unbacked credit and every dollar spent in deficit is in fact unbacked credit.
I’ve been pointing all this out for a long time to jeers from the stonk-muckit crowd.
Now we’re staring down the reality of it; you see, if Russia can consider people who want to be with them as part of them, which incidentally is a fairly fundamental right then what happens when Taiwan makes the same choice, as it clearly has over the last few decades and China decides to cement that which they’ve always said was true?
You didn’t want anything electronic — or anything that relies on electronics, such as power, water, sewer systems, computers, the Internet and even modern cars, did you?
That could be a problem.
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Thanks for the convoy links.
Just had a thought.....interesting how Puty invades Ukraine....just in time for CPAC.
🤔
DeSantis giving a good speech at CPAC.
Hopefully, he’s not pre-empted by Brandon.
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