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Started By
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The market is laughing at Obama's Russia sanctions. Ruble rallying.
Posted on 3/17/14 at 12:04 pm
Posted on 3/17/14 at 12:04 pm
6
Posted on 3/17/14 at 12:11 pm to TOKEN
But... he sanctioned 11 individuals....
Posted on 3/17/14 at 12:16 pm to TOKEN
I don't know if laughing is the correct term, the administration felt that the best course of action is to sanction plutocrats that are key to Russia's success.
It was a small step, and I like the concept but I would have hit the top 200 richest people in Russia instead, and frozen their overseas assets.
It was a small step, and I like the concept but I would have hit the top 200 richest people in Russia instead, and frozen their overseas assets.
Posted on 3/17/14 at 12:20 pm to Hawkeye95
quote:
It was a small step, and I like the concept but I would have hit the top 200 richest people in Russia instead, and frozen their overseas assets.
What would be the "legal" justification of this? (as if "international law: matters when shite gets real
) Seems to me, these people have a substantial amount of plausible deniability that they are not responsible for their government's actions, so how do you justify freezing their assets. I'd be fricking pissed if my assets were frozen because the US decided to do something other countries didn't like.
This post was edited on 3/17/14 at 12:21 pm
Posted on 3/17/14 at 12:22 pm to Hawkeye95
The admistration has a series of sanctions its set to impose depending on Russia's actions going forward.
For example, if Russia formally annexes Crimea now that the vote is over, another set of santions will apply.
either way, our sanctions can only go so far. europe really holds the key to effective santions.
For example, if Russia formally annexes Crimea now that the vote is over, another set of santions will apply.
either way, our sanctions can only go so far. europe really holds the key to effective santions.
Posted on 3/17/14 at 12:23 pm to Teddy Ruxpin
quote:
I'd be fricking pissed if my assets were frozen because the US decided to do something other countries didn't like.
and what would you do? put the screws to your local congressmen.
thats exactly how its supposed to work.
This post was edited on 3/17/14 at 12:24 pm
Posted on 3/17/14 at 12:27 pm to TOKEN
I'm not really going to harp on how foolish our leaders look at the moment. This is an embarrassment and I hope that European powers don't get too queasy about imposing sanctions.
This post was edited on 3/17/14 at 12:31 pm
Posted on 3/17/14 at 12:33 pm to TOKEN
So what should he have done? Invade?
Posted on 3/17/14 at 12:34 pm to a want
There's not a swinging dick on this board that has a realistic suggestion as to what Obama should do. Or at least I haven't read one.
Posted on 3/17/14 at 12:36 pm to Teddy Ruxpin
quote:
What would be the "legal" justification of this?
fairshare law?
Posted on 3/17/14 at 12:37 pm to TOKEN
And I suppose a few days back, when the Russian markets were in turmoil, that the opposite was true?
Don't be a lackwit.
Don't be a lackwit.
Posted on 3/17/14 at 12:42 pm to VOR
quote:
There's not a swinging dick on this board that has a realistic suggestion as to what Obama should do. Or at least I haven't read one
Everything that is transpiring, is because of his mouth overloading his ability to lead to begin with. Him shutting the hell up would be step number one. Because he made empty threats in certain situations, it's emboldened others to begin actions and policies that are detrimental to U.S. standings. He's a fool and in turn, he's made America a fool in the international community. And they're the only ones seeing it. Domestically, we're reveling in the absurdity of incompetence.
Posted on 3/17/14 at 12:48 pm to VOR
quote:
There's not a swinging dick on this board that has a realistic suggestion as to what Obama should do. Or at least I haven't read one.
He should inflict Affordable Healthcare on 'em. Commie bastards would never see it coming. It would turn them into a second or third world country. Wait, they've done that already, haven't they?
Posted on 3/17/14 at 1:05 pm to TOKEN
So basically even the ruble thinks Barry et al are clowns?
Posted on 3/17/14 at 1:09 pm to a want
quote:
So what should he have done? Invade?
I agree...there is really nothing that Obama could do at this point. And with that being obvious, he should have said nothing...just like he should not have drawn a line in the sand with Syria.
He could have denounced the Russian actions and let it be...instead he had to threaten them with meaningless sanctions...a recurring theme with this administration.
Posted on 3/17/14 at 1:11 pm to BobBoucher
quote:
I'd be fricking pissed if my assets were frozen because the US decided to do something other countries didn't like.
and what would you do? put the screws to your local congressmen.
thats exactly how its supposed to work.
This would be the point. Hit them where it hurts.
Hell, I would just threaten this at this point. Just say, if they don't do X by Y date, we are freezing assets for these individuals/corporations.
That shite will work, as people don't like losing money. Hell, its been much more effective in Iran than neysayers like to admit. This is the reason they are at the table.
Posted on 3/17/14 at 1:20 pm to DeltaDoc
quote:
He could have denounced the Russian actions and let it be...instead he had to threaten them with meaningless sanctions...a recurring theme with this administration.
Ukraine gave up their nuclear arsenal in 94 to be recognized by the U.S. as sovereign nation. Doing nothing wasn't really an option. Also, I'm not so sure sanctions won't work. Or at lease I think it's by far the best option.
Posted on 3/17/14 at 1:24 pm to DeltaDoc
quote:
there is really nothing that Obama could do at this point.
There are things he could do, but it would upset the communists in his base. He can't afford another drop in his approval rating.
Posted on 3/17/14 at 1:28 pm to VOR
quote:
There's not a swinging dick on this board that has a realistic suggestion as to what Obama should do. Or at least I haven't read one.
And there's not a swinging dick on this board he would listen to if a realistic suggestion were put forth. So your point is kind of moot.
That doesn't make him immune from criticism over his ineffectiveness.
What would you suggest?
This post was edited on 3/17/14 at 1:29 pm
Posted on 3/17/14 at 1:32 pm to Old Hellen Yeller
No one on this board was claiming the market was laughing at Putin when Russia started this crisis and the MICEX and ruble dropped like rocks and no will say anything when more sanctions are enacted and Russia's economy suffers.
Just the nature of this board
Just the nature of this board
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