SciFinance®

US Sanctions Against Russia Backfire Economically: BRICS BANK, BRICS FOOD BANK

 

Despite President Obama’s dictating that Russia is increasingly “isolated,” it appears they have found a whole new set of friends to play with in the global trade sandpit.

In retaliation to Western sanctions, Putin yesterday unveiled a total food import ban from all sanctioning nations, and, just as the BRICS created their own ‘IMF-lite’ away from Washington’s prying eyes, Russia plans to substitute banned goods with not just domestic supplies but imports from Latin America, China, and several other nations. Agriculture Minister Nikolai Fedorov said “no food shortages are expected,” but more isolation for the West…

Russia is already turning away trucks at the border and cancelling orders (as FruitNet reports)...

 

Food ban doesn’t apply to Switzerland

Russians won’t feel dramatic changes, incl. in restaurants; “bon appetit” to all, Fedorov says

  • Russia can replace meat importsfrom U.S., EU, Canada, Australia with supplies from Brazil, Uruguay, Paraguay, Argentina, Belarus

  • Russia will try to replace Norwegianred fish with domestic supplies, shipments from other countries

  • Country consumes 2.345m mt ofbeef/yr, incl. 59kt from 5 banned suppliers

  • Pork: consumption 3.415m t/yr total vs 450kt from 5 sanctioned suppliers

  • Poultry: 4.28m t/yr total vs 338kt from banned countries

  • Fish: 3.44m t/yr total vs 457kt from banned countries

  • Dairy: ~36m t/yr total vs 459kt; cheese, butter, powdered milk can be imported from South America, New Zealand

  • Vegetables: 16m t/yr vs 900kt; subsitutions possible from Turkey, Argentina, Chile, China, Uzbekistan, Azerbaijan

  • Fruits and berries: 11m t/yr vs 1.6m t; apples, pears can be imported from Argentina, Chile, China, Serbia; cherry, apricots, peaches from Uzbekistan, Azerbaijan, Armenia, Israel, Turkey, Iran; citrus from Egypt, Morocco, Turkey, South Africa

*  *  *

Seems like once again, US sanctions have forced retaliation from Russia that economically impacts the US (and European) economies – just like Jack Lew said it would not…

Please read more here.

Denzel Washington: "Hoodwinked, Bamboozled, Led Astray"

 Denzel Washington in the movie Malcolm X.

PlaceAVote Tech Company: Replace U.S. Congress with Software!

 

 
A California tech startup wants to replace Congress with a software system that decides how to vote on every bill according to public opinion.

The startup, PlaceAVote, envisions Americans voting on legislation through their software system and is currently running two candidates for Congress, both software engineers, who vow to vote according to the tallies recorded by the system.

“If a PlaceAVote candidate is voted into office, all bills that come before Congress will be decided by the district via majority vote online,” states the company’s web site.

One of PlaceAVote’s candidates, John Catano, said that the Founding Fathers “designed a political system that countless others have been based off of.”

“That being said, if they had access to current technology, don’t you think they would use some of it to address the will of the people?” He asked.

Please read more here and  here.

People of Crimea Vote To Secede From Ukraine & Become a Part of the Russian Federation

Onion Poll: Majority Of Americans Approve Of Sending U.S. Politicians To Syria

A majority of U.S. citizens believe congressional leaders in both the House and Senate must be sent to war-torn Syria immediately.

WASHINGTON—As President Obama continues to push for a plan of limited military intervention in Syria, a new poll of Americans has found that though the nation remains wary over the prospect of becoming involved in another Middle Eastern war, the vast majority of U.S. citizens strongly approve of sending Congress to Syria.

The New York Times/CBS News poll showed that though just 1 in 4 Americans believe that the United States has a responsibility to intervene in the Syrian conflict, more than 90 percent of the public is convinced that putting all 535 representatives of the United States Congress on the ground in Syria—including Senate pro tempore Patrick Leahy, House Speaker John Boehner, House Majority Leader Eric Cantor, and House Minority Leader Nancy Pelosi, and, in fact, all current members of the House and Senate—is the best course of action at this time.

“I believe it is in the best interest of the United States, and the global community as a whole, to move forward with the deployment of all U.S. congressional leaders to Syria immediately,” respondent Carol Abare, 50, said in the nationwide telephone survey, echoing the thoughts of an estimated 9 in 10 Americans who said they “strongly support” any plan of action that involves putting the U.S. House and Senate on the ground in the war-torn Middle Eastern state. “With violence intensifying every day, now is absolutely the right moment—the perfect moment, really—for the United States to send our legislators to the region.”

“In fact, my preference would have been for Congress to be deployed months ago,” she added.

Citing overwhelming support from the international community—including that of the Arab League, Turkey, and France, as well as Great Britain, Iraq, Iran, Russia, Japan, Mexico, China, and Canada, all of whom are reported to be unilaterally in favor of sending the U.S. Congress to Syria—the majority of survey respondents said they believe the United States should refocus its entire approach to Syria’s civil war on the ground deployment of U.S. senators and representatives, regardless of whether the Assad regime used chemical weapons or not.

In fact, 91 percent of those surveyed agreed that the active use of sarin gas attacks by the Syrian government would, if anything, only increase poll respondents’ desire to send Congress to Syria.

Public opinion was essentially unchanged when survey respondents were asked about a broader range of attacks, with more than 79 percent of Americans saying they would strongly support sending Congress to Syria in cases of bomb and missile attacks, 78 percent supporting intervention in cases of kidnappings and executions, and 75 percent saying representatives should be deployed in cases where government forces were found to have used torture.

When asked if they believe that Sen. Rand Paul should be deployed to Syria, 100 percent of respondents said yes.

“There’s no doubt in my mind that sending Congress to Syria—or, at the very least, sending the major congressional leaders in both parties—is the correct course of action,” survey respondent and Iraq war veteran Maj. Gen. John Mill said, noting that his opinion was informed by four tours of duty in which he saw dozens of close friends sustain physical as well as emotional injury and post-traumatic stress. “There is a clear solution to our problems staring us right in the face here, and we need to take action.”

“Sooner rather than later, too,” Mill added. “This war isn’t going to last forever.”

Please read more on The Onion.

U.S. Attorney General Eric Holder Knows Nothing About Nothing!

 

 

Attorney General Eric Holder testified before the House Judiciary Committee Wednesday, and he didn't know, wasn't sure of, or simply couldn't remember a lot of information.
 

Politico: Scandal Politics in the Obama Administration

Scandal politics are sweeping Capitol Hill.

Just days after news broke that the IRS targeted conservative nonprofits, Speaker John Boehner’s House committees will morph into mock courtrooms where the White House will be the defendant in what amounts to a number of high-stakes political trials.

The most recent scandal to grip the Obama administration came Monday evening, when The Associated Press disclosed that the Justice Department sought its reporters’ phone records — including those of correspondents who sit in the Capitol. Within hours, House Republicans vowed to investigate. To make things worse for President Barack Obama, Attorney General Eric Holder is scheduled to be on Capitol Hill Wednesday for a House Judiciary Committee hearing.

That’s hardly the president’s only problem.

Please find more information here.

Obamagate: Benghazi, IRS target, Wiretaps,....

President Obama is now being compared to former President Nixon!

Please find more information here.

Economic Advice from Former U.S. President Abraham Lincoln

You cannot strengthen the weak by weakening the strong.

You cannot help small men by tearing down big men.

You cannot help the poor by destroying the rich.

You cannot lift the wage earner by pulling down the wage payer.

You cannot keep out of trouble by spending more than your income.

You cannot further the brotherhood of man by inciting class hatreds.

You cannot establish security on borrowed money.

You cannot build character and courage by taking away a man's initiative and independence.

You cannot help men permanently by doing for them what they could and should do for themselves. 

 

Abraham Lincoln

16th President of the United States 

Note: Some sources attribute this quote to Lincoln. However, other sources report that the author of these words of wisdom is the Rev. John Henry Boetcker.

U.S. Congressman Hank Johnson: "Imagine a World Without Balloons"

OK, lately I have not been getting lots of sleep - trying to finish a book, consulting, etc.

So, when I first saw this video I thought perhaps I did not "get it" because I was just a bit sleep deprived.

But today, I looked at it again, and all I could think was "God, please help the U.S.A."!

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