Captain Rick: President Obama has destroyed a relationship with Russia that the world applauded President Ronald Reagan for building when he stated those famous words “Tear down that wall” at the Brandenburg Gate near the Berlin Wall on June 12, 1987. This is a sad day…a day Obama has launched a new COLD WAR with Russia, even though he is trying to convince us otherwise.
President Obama announced additional sanctions against Russia today. Earlier Europe announced sanctions that I believe were pressured by Obama. While America is somewhat isolated from Russia, the EU might have set itself up for a huge fall. Obama is forcing President Vladimir Putin into a corner. Putin is a smart person…perhaps smarter than Obama could only hope to be. I caution that Putin’s Russia supplies a major amount of natural gas to Europe.
Something to think about … Supposing this winter when the weather turns cold in Europe, Putin shuts off Russia’s supply of natural gas to Europe? It could paralyze Europe. Its ripple effect could cast America and the entire world into a new recession of monumental magnitude. Lets also remember that Russia sits upon the world’s second largest stock pile of nuclear weapons. I think Obama needs to exit his dream world, get a refresher course in reality and then learn how to shut is big mouth and mind his own business before he provokes Putin to seek revenge.
President Obama has lit the fuse to a new COLD WAR. All we can do now is watch the aftermath. I have a hunch that it is not going to be pretty. At my age, with some wisdom, I have to wonder what possesses the minds of recent US presidents to make them feel that they have to ‘rule the world’? Wouldn’t things be much better if our president ‘cooled his jets’ and minded his own business…like the monumental $18 Trillion US national debt…which if not brought under control soon…will automatically destroy America as a ‘first world country’?
Details of the new sanctions:
The new sanctions will restrict Russian state-owned banks from accessing European capital markets, and throw up more red tape to stop or slow the export of oil-related equipment and technology to Russia.
All new contracts for arms imports and exports between the EU and Russia will stop. There will even be a prohibition on exporting goods and technology that can be used for both military and civilian purposes.
The sanctions are part of a coordinated effort by Western nations to punish Russia for its role in annexing Ukraine’s Crimea region and supporting pro-Russian rebels in Eastern Ukraine.
The European Union had previously been reluctant to issue harsher sanctions against Russia because both regions rely on one another for about $500 billion in trade and investment each year. European leaders said they were ready to reverse their sanctions if Russia whole-heartedly worked to stop the crisis in Ukraine.
For now, we wait to see what comes of this new COLD WAR.
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