By Greg Hunter’s USAWatchdog.com
President Obama called the Crimean parliament vote “to enter into the Russian Federation” a “violation of international law.” President Obama announced sanctions on anyone “violating the sovereignty of Ukraine” or “stealing the assets of the Ukrainian people.” The Russians said earlier in the week they would dump dollars and Treasury bonds and also seize Western assets if sanctions were imposed. Well, it is definitely game on. Last week, Russia invaded Crimea and took control of the airport and seaport, the home of the Russian Black Sea fleet. I think this is looking more and more like a U.S. policy blunder than anything else. It has been reported the U.S. spent $5 billion to support the protesters who succeeded in removing the pro-Russian president of Ukraine from office. My question: What did the Obama Administration think Russia was going to do? Even in checkers, you think a few moves ahead; and, clearly, the U.S. did not anticipate the Russian reaction.
Military action is already off the table according to NATO. The U.S. is having a hard time coming up with European countries that would sanction Russia. The UK has said no to Russian sanctions. Germany and France are not keen on sanctioning Russia either. Russia supplies 25% of the natural gas to the EU. Look at this headline, this week, in the USA Today. It reads “U.S. Leverage Over Putin Limited.” Didn’t they know this before they spent billions to destabilize Ukraine? This seems like a poorly thought out plan that has blown up. Russia has a strategic naval base in Crimea. It is the home of the Black Sea Russian Fleet. Did the U.S. think that Russia would just let that go? There is also an issue of gas pipelines running through the country and gas reserves in Western Ukraine. If the plan was to create a global crisis that would eventually lead to dollar dumping to blame the collapse of the U.S. financial system on the Russians, then your plan may be working.
Look at how this story is being spun in USA Today earlier this week. Russia took a big financial blow after the invasion. So, Putin dialed back the rhetoric and paused. The headline says “Putin Blinks.” The more appropriate headline is buried in the story. This line says “Others warn this is no retreat by the Russian leader.” This is far from over and will continue to be a top story in the weeks and months ahead. Dr. Jim Willie calls the Ukraine crisis the U.S. dollar Waterloo. He’ll be on early next week.
The Israelis intercepted a load of long range rockets before they were delivered to Hamas in Gaza. According to Israel, these rockets would have been a “game changer.” They have a 125 mile range and have a much bigger payload than the rockets Hamas has previously fired into Israel. You think this might be a reason Israel is nervous about Iran enriching uranium?
The embattled IRS official at the heart of targeting Tea Party groups has, once again, plead the 5th to multiple questions from Congress. It is not a surprise that Lois Lerner did not want to incriminate herself, even though the President said recently there was “not a shred of evidence” of wrongdoing. What is a surprise is there was very little coverage by the MSM (mainstream media). This is a major violation of the First Amendment, and the MSM is just shrugging this off. It is how the MSM deals with negative stories it does not like. The MSM lies by omission.
Finally, if you like your health care plan, you can keep it—for one more year. This is yet another delay to Obama Care. It allows people to keep what the government calls non-compliant or no- frill plans. Yeah, no-frills, like free abortions or pre-natal care that men have to pay for, same as women. This is a political ploy to try to keep Democrats in the Senate from being voted out. It’s not going to work. If Obama Care is so good, then why all the delays? I have said it before and I’ll say it again, the Democrats lied as a party to jam this through, and they are still lying.
Join Greg Hunter as he analyzes these stories and more in the Weekly News Wrap-Up.