Will Seizure Of Russian Assets Hasten Dollar Decline?

While much of the world focused last week on whether or not the Federal Reserve was going to raise interest rates, or whether the Greek debt crisis would bring Europe to a crisis, the Permanent Court of Arbitration in The Hague awarded a $50 billion judgment to shareholders of the former oil company Yukos in their case against the Russian government. The governments of Belgium and France moved immediately to freeze Russian state assets in their countries, naturally provoking the anger of the Russian government.

The timing of these actions is quite curious, coming as the Greek crisis in the EU seems to be reaching a tipping point and Greece, having perhaps abandoned the possibility of rapprochement with Europe, has been making overtures to Russia to help bail it out of its mess. And with the IMF’s recent statement pledging its full and unconditional support to Ukraine, it has become even more clear that the IMF and other major multilateral institutions are not blindly technical organizations, but rather are totally subservient lackeys to the foreign policy agenda emanating from Washington. Toe the D.C. party line and the internationalists will bail you out regardless of how badly you mess up, but if you even think about talking to Russia you will face serious consequences.

The United States government is desperately trying to cling to the notion of a unipolar world, with the United States at its center dictating foreign affairs and monetary policy while its client states dutifully carry out instructions. But the world order is not unipolar, and the existence of Russia and China is a stark reminder of that. For decades, the United States has benefited as the creator and defender of the world’s reserve currency, the dollar. This has enabled Americans to live beyond their means as foreign goods are imported to the U.S. while increasingly-worthless dollars are sent abroad. But is it any wonder after 70-plus years of a depreciating dollar that the rest of the world is rebelling against this massive transfer of wealth?

The Europeans tried to form their own competitor to the dollar, and the resulting euro is collapsing around them as you read this. But the European Union was never considered much of a threat by the United States, existing as it does within Washington’s orbit. Russia and China, on the other hand, pose a far more credible threat to the dollar, as they have both the means and the motivation to form a gold-backed alternative monetary system to compete against the dollar. That is what the U.S. government fears, and that is why President Obama and his Western allies are risking a cataclysmic war by goading Russia with these politically-motivated asset seizures. Having run out of carrots, the U.S. is resorting to the stick.

The U.S. government knows that Russia will not blithely accept Washington’s dictates, yet it still reacts like a petulant child flying into a tantrum whenever Russia dares to exert its sovereignty. The existence of a country that won’t kowtow to Washington’s demands is an unforgivable sin, to be punished with economic sanctions, attempting to freeze Russia out of world financial markets; veiled threats to strip Russia’s hosting of the 2018 World Cup; and now the seizure of Russian state assets.

Thus far the Russian response has been incredibly restrained, but that may not last forever. Continued economic pressure from the West may very well necessitate a Sino-Russian monetary arrangement that will eventually dethrone the dollar. The end result of this needless bullying by the United States will hasten the one thing Washington fears the most: a world monetary system in which the U.S. has no say and the dollar is relegated to playing second fiddle.

The views expressed in this opinion article are solely those of their author and are not necessarily either shared or endorsed by WesternJournalism.com.

This post originally appeared on Western Journalism – Equipping You With The Truth

WATCH: These Obama Supporters Are Ready To Give The President This Shocking Power

For years, author, activist, and fake-petition-funny-guy Mark Dice has been posting videos that show ordinary Americans supporting extraordinary proposals. In July 2013, Dice got a bunch of California beach goers to sign a petition to endorse President Obama’s plan to repeal the Bill of Rights. Then a few months later, in September of 2013, Dice posted a piece with a more targeted goal — getting rid of the Fourth Amendment that protects Americans from unreasonable searches and seizures by government agents. Again, Obama loyalists were eager to step up and support their trusted leader.

Now, Dice has once more “rolled” a willing group of Obama supporters who readily signed a fake petition to support Obama’s supposed plan to launch a preemptive nuclear strike against Russia. The reason Dice gives for the hit-Putin-with-a-nuke “plan”? To help Obama maintain America’s superiority as a world superpower.

By clicking on the video above, you can see just what happened on this sunny pier in San Diego when people were asked to give the president the shocking power to send Putin and the Russian people a deadly, radioactive message.

This post originally appeared on Western Journalism – Equipping You With The Truth

WATCH: Judge Jeanine Buries ‘Ego’-Driven Obama Beneath A Crushing Pile Of Critical Failures

We already seen syndicated columnist and Fox News contributor Charles Krauthammer take President Obama to task for his assertion that, thanks to the efforts of his administration, America is once again the “most respected country on Earth.” As Western Journalism reported last week, Krauthammer ripped apart Obama’s boast during an appearance on The O’Reilly Factor where he said, “You wonder what world, what planet he’s living on.”

Now, on her Fox News show Justice, Judge Jeanine Pirro has taken Obama to the woodshed and given him more than a dozen hard swats for the “most respected” claim that she showed to be without any merit.

“With all due respect, Mr. President, I’m not sure if you’re delusional or you just think that we are,” Judge Jeanine said. “We’re the most respected country on Earth because of you? And you say this why?”

Pirro then went on to list well over a dozen reasons why Obama’s boast made no sense; failures ranging from the faulty “reset” with Russia to the continuing “string of victories” for ISIS to the president’s “trashing” of Christians at the National Prayer Breakfast.

By clicking on the video above, you can watch Judge Jeanine present her compelling evidence against Obama’s claim that his administration has elevated the United States to “most respected” status on the world stage.

This post originally appeared on Western Journalism – Equipping You With The Truth

Watch: Russian Fighter Jet Caught On Camera Doing Something Crazy To A U.S. Destroyer

With recent reports of Russian strategic bombers penetrating U.S. airspace, encroaching in British airspace, and generally pushing the envelope of intimidation with other nations’ defenses, evidence of mounting tensions between the Putin regime and the West continues to pile up. According to The Moscow Times, Russia’s aggression toward Ukraine and the United States’ expression of support for Ukrainian sovereign interests has turned up the heat of global friction between Moscow and Washington.

“…Russian bombers forced NATO to scramble jets to intercept Russian military aircraft over 400 times last year — more than twice as often as in 2013,” reports The Times in an article dated March 19, 2015.

Now, there’s been a close encounter between a Russian attack jet and a U.S. guided missile destroyer in the Black Sea. According to The Washington Post, the USS Ross was on an 11-day cruise in the region, conducting exercises with the Ukrainian Navy, when a Russian SU-24 Fencer attack jet appeared in the distance.

As the warplane approached very rapidly, sailors aboard the Ross determined that the jet had “clean” wings, indicating it was carrying no weapons. However, it did roar past the destroyer at fairly close range — close enough to be easily caught on video. The U.S. Navy released the brief clip of the warplane “buzzing” the Ross — an event that military officials said was not necessarily hostile. In fact, a Navy spokesman told The Washington Post that several of the Russian attack jets and the Ross “communicated safely” over the course of a couple of days.

However, this close encounter could certainly be seen as part of a pattern of pushback by the Putin government to let Western nations know that it’s not afraid to assert its military might. According to USNI News, the Ross has left the Black Sea, but not before Russian “state controlled media published reports that Sukhoi SU-24 Fencer fighter (sic) were scrambled to chase the destroyer away from the Russian-controlled Crimean peninsula.”

By clicking on the video above, you can watch the short clip of the Russian attack aircraft roaring past the USS Ross. You might notice the extraordinary number of views this video has received in just a few days — close to 3 million as of this writing.

This post originally appeared on Western Journalism – Equipping You With The Truth

Watch: O’Reilly Issues Scary Warning About Obama ‘Plunging The World Into…”

Bill O’Reilly said President Obama is “plunging the world into a very dark place” by not maximizing the influence of his power abroad.

During his “Talking Points Memo” at the top of The O’Reilly Factor Tuesday, O’Reilly criticized the 60-nation coalition fighting the Islamic State of Iraq and Syria (ISIS). “Outside of a few countries that are undertaking a few bombing missions, there is little sign the coalition is effective,” O’Reilly said. “Maybe Italy, Spain and Germany have noticed the millions of people trying to illegally cross into Europe from Africa and the Middle East.”

“Many of them are fleeing terrorism, much of it generated by ISIS,” he added.

O’Reilly pointed out that Secretary of State John Kerry recently met with Russian president Vladimir Putin, hashing out a deal that would relieve Russia of sanctions as long as they don’t seize any more land. The Fox News host nicknamed him ‘Vlad the Invader.”

“Putin of course will take whatever Kerry gives him, and then do whatever he wants knowing that America and Europe are too afraid to confront his illegal ambitions, too soft to stop his illegal activities,” O’Reilly said.

The host also said the Russian deal, coupled with China expanding territory in the Pacific, is a “perfect storm of weakness.”

Not only is the USA reluctant to use its power, but NATO and the other Western countries do not want to confront evil either. Thus, the evildoers are on the march.

“While it’s true we can no longer police the world with ground troops, we can use our economic and diplomatic power to hurt countries that violate international law,” continued O’Reilly. “We can also lead the world into confronting ISIS and the other barbarians in a meaningful way. It’s about will tactics and leadership. None of which is coming out of Washington.”

O’Reilly then directed his attention to former secretary of state Hillary Clinton, highlighting what he thinks are some of her biggest vulnerabilities in foreign policy ahead of the 2016 presidential campaign. “If she points to the so-called Russian reset, knowledgeable folks will wince. If she points to the War on Terror, she is highlighting a disaster,” he said.

The host concluded by calling Obama “the most reluctant commander-in-chief this nation has ever had,” but said it was “somewhat understandable, as Mr. Obama comes from an ideology that usually sees American military might as a negative.”

“The far left in the USA historically have opposed using American power abroad,” O’Reilly explained.

And now after thousands of American military folks were killed and maimed in Iraq and Afghanistan, the left is joined by some conservatives and independent Americans who believe we should stand down overseas. But by withholding American power abroad, the president is plunging the world into a very dark place.

When order collapses, so does civilized society and we are seeing that all over this planet. Next up, a phony nuke deal with Iran that will empower that villainous country.

God help the next president of the United States.

h/t: The Blaze

Are we losing our influence in the world? Share your thoughts in the comments section below.

This post originally appeared on Western Journalism – Equipping You With The Truth