Tuesday, March 8, 2022

Jamie Lee Curtis

A spectacular woman. 

She was the hottest woman in the movies in the 1980s and 1990s. 

On Twitter.




Fallout From the Pandemic: Children Are Severely Behind in Reading

If last November's elections are any guide, next to gas prices inflation, K-12 education will be the most volatile electoral issue facing congressional Democrats in this years midterms.

At the New York,Times, "It’s ‘Alarming’: Children Are Severely Behind in Reading":

BRIDGEPORT, Conn. — The kindergarten crisis of last year, when millions of 5-year-olds spent months outside of classrooms, has become this year’s reading emergency.

As the pandemic enters its third year, a cluster of new studies now show that about a third of children in the youngest grades are missing reading benchmarks, up significantly from before the pandemic.

In Virginia, one study found that early reading skills were at a 20-year low this fall, which the researchers described as “alarming.”

In the Boston region, 60 percent of students at some high-poverty schools have been identified as at high risk for reading problems — twice the number of students as before the pandemic, according to Tiffany P. Hogan, director of the Speech and Language Literacy Lab at the MGH Institute of Health Professions in Boston.

Children in every demographic group have been affected, but Black and Hispanic children, as well as those from low-income families, those with disabilities and those who are not fluent in English, have fallen the furthest behind.

“We’re in new territory,” Dr. Hogan said about the pandemic’s toll on reading. If children do not become competent readers by the end of elementary school, the risks are “pretty dramatic,” she said. Poor readers are more likely to drop out of high school, earn less money as adults and become involved in the criminal justice system.

The literacy crisis did not start with the pandemic. In 2019, results on national and international exams showed stagnant or declining American performance in reading, and widening gaps between high and low performers. The causes are multifaceted, but many experts point to a shortage of educators trained in phonics and phonemic awareness — the foundational skills of linking the sounds of spoken English to the letters that appear on the page. The pandemic has compounded those issues. Children spent months out of the classroom, where they were supposed to learn the basics of reading — the ABCs, what sound a “b” or “ch” makes. Many first and second graders returned to classrooms needing to review parts of the kindergarten curriculum. But nearly half of public schools have teaching vacancies, especially in special education and the elementary grades, according to a federal survey conducted in December and January.

Even students with well-trained teachers have had far fewer hands-on hours with them than before the pandemic, which has been defined by closures, uneven access to online instruction, quarantine periods and — even on the best days — virus-related interruptions to regular classroom routines. Now, schools are under pressure to boost literacy as quickly as possible so students gain the reading skills they need to learn the rest of the curriculum, from math word problems to civics lessons. Billions of federal stimulus dollars are flowing to districts for tutoring and other supports, but their effect may be limited if schools cannot find quality staff members to hire...

 

United Nations Advises Staff Against Using 'War' or 'Invasion' Regarding Ukraine

Well, let's not call it a war or anything. I mean, it's all daisy-chains and puppies over there. Over 2 million Ukrainian refugees? Pfft. That's crazy talk. Folks are just taking advantage of the March thaws to get out and see the sights. 

At the Irish Times, "Email on communications policy reminds worker of responsibility to 'be impartial'."

Yes. "Impartial." If you've watched any of the recent sessions at the Security Council, you can be assured *everything* is impartial because the Russian delegation currently holds the rotating chair of the council's presidency.

No worries. IT'S ALL IMPARTIAL!


Tucker Carlson: 'What We're Watching is the Beginning of a War Between the United States and Russia' (VIDEO)

I quit watching Tucker last year, after he started getting so freakin' conspiratorial. He was great in 2020 when the pandemic just got going, but after Trump lost the election, it was crazy times at 6:00pm at Fox.

Make what you will of it:


Biden Announces Ban on Russian Oil, Then Lies and Claims He's Not Stopping U.S. Oil Production (Despite Running on Doing Just That)

At AoSHQ, "Gas prices just hit a record -- before this announcement, though the entire Democrat-Media Complex is now claiming that this announcement has reached back in time and retroactively caused Biden's inflation."

And watch, "BIDEN: 'It’s simply not true that my administration or policies are holding back domestic energy production'."


Charles Kupchan, Isolationism

At Amazon, Charles Kupchan, Isolationism: A History of America's Efforts to Shield Itself from the World.







Poll: Biden More to Blame Than Trump Over Ukraine; Majority Favors Drilling to Combat Rising Gas Prices

The common sense of the American public. Ahh, at certain times, something to behold. 

At Newsweek, "To the extent that American foreign policy encouraged Russian President Vladimir Putin to invade Ukraine, more registered voters blame President Joe Biden than they do his predecessor, Donald Trump — and they're ready to punish Democrats for it in November, according to a new poll."


Whoa! Saudi, Emirati Leaders Decline Calls With Biden During Ukraine Crisis

A world axis of oil is developing which may very well prop up the Russian state under Putin.

At WSJ, "Persian Gulf monarchies have signaled they won’t help ease surging oil prices unless Washington supports them in Yemen, elsewhere":

The White House unsuccessfully tried to arrange calls between President Biden and the de facto leaders of Saudi Arabia and the United Arab Emirates as the U.S. was working to build international support for Ukraine and contain a surge in oil prices, said Middle East and U.S. officials.

Saudi Crown Prince Mohammed bin Salman and the U.A.E.’s Sheikh Mohammed bin Zayed al Nahyan both declined U.S. requests to speak to Mr. Biden in recent weeks, the officials said, as Saudi and Emirati officials have become more vocal in recent weeks in their criticism of American policy in the Gulf.

“There was some expectation of a phone call, but it didn’t happen,“ said a U.S. official of the planned discussion between the Saudi Prince Mohammed and Mr. Biden. ”It was part of turning on the spigot [of Saudi oil].”

Mr. Biden did speak with Prince Mohammed’s 86-year-old father, King Salman, on Feb. 9, when the two men reiterated their countries’ longstanding partnership. The U.A.E.’s Ministry of Foreign Affairs said the call between Mr. Biden and Sheikh Mohammed would be rescheduled.

The Saudis have signaled that their relationship with Washington has deteriorated under the Biden administration, and they want more support for their intervention in Yemen’s civil war, help with their own civilian nuclear program as Iran’s moves ahead, and legal immunity for Prince Mohammed in the U.S., Saudi officials said. The crown prince faces multiple lawsuits in the U.S., including over the killing of journalist Jamal Khashoggi in 2018.

The Emiratis share Saudi concerns about the restrained U.S. response to recent missile strikes by Iran-backed Houthi militants in Yemen against the U.A.E. and Saudi Arabia, officials said. Both governments are also concerned about the revival of the Iran nuclear deal, which doesn’t address other security concerns of theirs and has entered the final stages of negotiations in recent weeks. The White House has worked to repair relations with two key Middle Eastern countries it needs on its side as oil prices push over $130 a barrel for the first time in almost 14 years. Saudi Arabia and the U.A.E. are the only two major oil producers that can pump millions of more barrels of more oil—a capacity that, if used, could help calm the crude market at a time when American gasoline prices are at high levels. Brett McGurk, the National Security Council’s Middle East coordinator, and Amos Hochstein, the State Department’s energy envoy, both traveled to Riyadh late last month to try to mend fences with Saudi officials. Mr. McGurk also met with Sheikh Mohammed in Abu Dhabi in a bid to address Emirati frustrations over the U.S. response to the Houthi attacks.

One U.S. official said the Biden administration has worked diligently to strengthen Saudi and Emirati missile defenses, and that America would be doing more in the coming months to help the two Gulf nations protect themselves. It may not be all the two countries want, the official said, but the U.S. is trying to address their security concerns.

But the Saudis and Emiratis have declined to pump more oil, saying they are sticking to a production plan approved between their group, the Organization of the Petroleum Exporting Countries, and a group of other producers led by Russia. The energy alliance with Russia, one of the world’s top oil producers, has enhanced OPEC’s power while also bringing the Saudis and Emiratis closer to Moscow.

Both Prince Mohammed and Sheikh Mohammed took phone calls from Russian President Vladimir Putin last week, after declining to speak with Mr. Biden. They both later spoke with Ukraine’s president, and a Saudi official said the U.S. had requested that Prince Mohammed mediate in the conflict, which he said the kingdom is embarking on...

Keep reading

 

Ukraine, the New Right, and Defending the West

 From Ben Domenech, at the Transom:

What we see illuminated in the rapid shift of Americans on Ukraine is actually the pathway toward a moderate, realist, interest-based American national-security approach that falls into neither the cul de sac of the New Right, nor the dead end utopianism of neoconservatism. An America that has no messianic mission, does not automatically assume that it can do anything, and also possesses the self-confidence and competence to act as a force for good in the wider world, is an America that reflects what Americans actually want. It is an America where a real discussion of the national interest can be had, without the obscuring and distorting priors inflicted by neocons and New Right alike...

RTWT. 


Monday, March 7, 2022

Gary Kasparov, Winter Is Coming

At Amazon, Gary Kasparov, Winter Is Coming: Why Vladimir Putin and the Enemies of the Free World Must Be Stopped.




Ukraine Fighters Take Out Second Russian General on the Battlefield

There's video here, but I can't verify the legitimacy of the account. Could be some random propaganda page: "Another Russian General Vitaly Gerasimov Killed In Kharkiv, Ukraine Defence Ministry Claims."

A Ukraine sniper took out Maj. Gen. Igor Konashenkov last week, and now they've gotten Gerasimov. 

At the Guardian U.K., "Vitaly Gerasimov: second Russian general killed, Ukraine defence ministry claims Ukrainian intelligence says major general in Russia’s 41st army died outside Kharkiv along with other senior officers." 

And a thread, from Christo Grozev on Twitter, "Jesus, Ukraine just killed Gen. Maj. Vitaly Gerassimov, chief of staff of the 41 Army. At Kharkiv. Russia, if you're listening: delete your army."

Click through at that one. Full-blown security failure. All the talk about how Russia's returned to "great power status." What a freakin' joke. 


As Soon as Political Outsider Takes Office We Have Cheap Gas, Cheap Food, Become Energy Independent, and No Wars

Via Instapundit, "YEAH, PRETTY MUCH":




Ukraine's Refugee Crisis: The Crush to Flee Karhkiv

A humanitarian disaster.

Posted by NBC's Richard Engel, "Ukrainians desperate to leave Kharkiv."





Leftist Fury Erupts Over Emma Camp's Op-Ed Piece at the New York Times

Now they'll try to cancel her. (*Eye-roll.*)

At Fox News, "Liberals erupt at college student's NYT op-ed about being afraid to speak out on campus.”

ADDED: At Hot Air, "NY Times published an opinion piece on campus self-censorship and progressives are proving the author's point."


How War in Ukraine Drives Up Inflation at U.S. Farms, Supermarkets, Retailers

At the Wall Street Journal, "The global supply chain is slow, but the economic fallout from the invasion of Ukraine is swiftly raising prices for producers and consumers world-wide":

Russia’s invasion of Ukraine has set the stage for faster-rising consumer prices, with the mayhem of war driving up manufacturing costs for food, consumer goods and machinery in places far from the battlefield.

The conflict is stressing an already strained global supply chain, and its economic impact will likely be felt in households world-wide, at supermarkets, retailers and the gas pump. While higher costs will take time to work their way from producers to consumers, executives and analysts expect the war’s fallout to worsen inflation already stoked by shortages of goods and workers.

“It seems to be overshadowing everything now and reversing the improvement that we were seeing,” said Kathy Bostjancic, chief U.S. economist at Oxford Economics.

The short-term consequences have been serious. Grain markets recently hit a 14-year high in anticipation of a diminished harvest in Ukraine, which would raise costs to feed the world’s cattle and poultry.

Aluminum prices rose in anticipation of sanctions on Russia, a major supplier of the metal used in soda cans, aircraft and construction, as well as on fears that Moscow could halt exports.

Crude oil prices rose 25% last week, to more than $118 a barrel, the highest level since 2013. Gas prices have gone up an average of 43.7 cents a gallon in the U.S., according to data from price tracker GasBuddy. On Sunday, the national average was $4.02 a gallon, according to GasBuddy.

On Friday, Russia, one of the world’s largest suppliers of fertilizers such as potash and nitrogen, said it could suspend exports. Farmers and consumers will bear the cost of any prolonged shortage. Ingka Group, which owns and operates furniture giant IKEA’s stores, said Thursday that prices would rise more than expected this year after it warned the war in Ukraine was causing serious supply chain disruptions. IKEA said its global prices would rise about 12%, up from earlier estimates of 9%.

Some analysts and company officials caution that it is too early to know exactly what the long-term effects of the war will have on the global economy, and not all think the conflict in Ukraine will have a major impact on supply chains. Businesses have rebounded from global conflicts in the past and can mitigate the effects by finding alternative suppliers elsewhere.

But the invasion of Ukraine has already slowed the journey of goods traveling by various means. Many Western shipping companies are steering clear of Russian ports, an important Asia-to-Europe rail line is used less, much of the Black Sea remains out of bounds and many air cargo flights are either banned from or are avoiding Russian airspace, a key route for goods moving between Europe and Asia. Shipping and airfreight rates have moved higher.

Rising energy and food prices are only the most obvious pressure points for consumers. “Now that we are seeing increases across other commodities, like aluminum, palladium, copper,” Ms. Bostjancic said, “that is going to feed through to some degree to consumer prices as well.”

Ukraine industries, including car-part manufacturers, breweries and an alumina refinery, have halted production. A giant steel mill owned by ArcelorMittal SA, one of the country’s largest industrial enterprises, closed Thursday. That and other plant closures in the country, along with Russia’s difficulty in getting some of its steel out, are expected to accelerate already rising steel prices...

Still more.

 

Make America Florida

From Stephen Green, at Instapundit, "Florida Will Be First State to Recommend Against COVID-19 Vax for Healthy Kids."


'Paths That Would Eventually Lead to American Involvement to Help Protect Ukraine'

It's Kori Shake, at the Bulwark, "How we could be drawn into the war on behalf of the Ukrainians."


Ukraine Parents Rush 18th-Month-Old Baby to Hospital; Boy Hit by Shrapnel Amid Russian Shelling of Port City of Mariupol (VIDEO)

Devastating tragedy. Poor thing didn't make it.

The photos and video are heartbreaking.

The video's here, it's graphic

And at Sky News, "Ukraine invasion: Young mother collapses in boyfriend's arms after toddler killed in Russian shell attack":

Difficult to watch footage shows an unconscious 18-month-old boy being rushed to hospital after his home was shelled in the southern Ukrainian port city of Mariupol.





Benjamin J. Cohen, Currency Statecraft

At Amazon, Benjamin J. Cohen, Currency Statecraft: Monetary Rivalry and Geopolitical Ambition.



Russia and China's Plans to Evade U.S. Economic Power

From Zongyuan Zoe Liu and Mihaela Papa, at Foreign Affairs, "The Anti-Dollar Axis":

Russian forces are now seizing territory across Ukraine, shelling military and civilian targets, and creeping closer to capturing the capital, Kyiv. The international response to Russian President Vladimir Putin’s invasion has been furious, and U.S. allies are united against the invasion. U.S. President Joe Biden has led the international community in slapping punitive sanctions on Russian elites and firms with the intention of crippling the Russian economy and forcing a change of course. But so far, these measures have failed to compel Russia to accept a cease-fire or to withdraw.

The war is barely ten days old, and it remains to be seen what Putin will do if and when sanctions stoke greater public discontent in Russia. But these punitive sanctions may also backfire in another way. Biden’s flexing of American economic muscle will only embolden Russia and other U.S. rivals, notably China, to deprive the United States of the very power that makes sanctions so devastating. Russia and China will expedite initiatives to “de-dollarize” their economies, building alternative financial institutions and structures that both protect themselves from sanctions and threaten the U.S. dollar’s status as the world’s dominant currency. Without concerted action, the United States will struggle to reverse this movement and see the weakening of its global standing.

The U.S. dollar’s preeminence in the global financial system, backed by vibrant U.S. markets and unmatched U.S. military strength, makes any sanctions imposed by Washington formidable. No other currencies, the euro and the yuan included, have come close to dethroning the dollar from its primary position in the global economy and in international financial markets. The dollar is the most widely held reserve currency in the world. It is the main invoicing currency in international trade and the leading currency across global financial institutions. It dominates global equity markets, commodities markets, development finance, bank deposits, and global corporate borrowing. In times of crisis, people around the world turn to the dollar as their first choice of a safe-haven currency. U.S. sanctions effectively amputate the financial power of a foreign aggressor, preventing it from raising capital in global markets to bankroll its activities.

Russia might be the most outspoken champion of throwing off the yoke of the dollar, but its agenda has great appeal among major powers. China’s commitment to diversifying its foreign exchange reserves, encouraging more transactions in yuan, and reforming the global currency system through changes in the International Monetary Fund further buttresses Russia’s strategy. Deteriorating U.S.-Chinese relations incentivize Beijing to join with Moscow in building a credible global financial system that excludes the United States. Such a system will attract countries under U.S. sanctions. It would even appeal to major U.S. allies who hope to promote their own currencies to the detriment of the dollar. When imposing sanctions, the Biden administration must not just consider how these measures will shape the war in Ukraine but also how they might transform the global financial system.

THE DOLLAR YOKE

For at least a decade, Russian policymakers have been wary of the preeminence of the dollar. In 2012, Russian Deputy Foreign Minister Sergei Ryabkov expressed Russia’s concern about the dollar’s dominance in international trade. After the annexation of Crimea in 2014, the Obama administration expanded sanctions on Russia that targeted several large Russian banks, as well as energy companies, defense corporations, and wealthy supporters of Putin. The Russian government subsequently launched two critical pieces of financial infrastructure to fend off sanctions and preserve its financial autonomy if cut off from the Society for Worldwide Interbank Financial Telecommunication system, also known as SWIFT, which allows banks to send messages to one another. One was an independent national payment system that worked as a Russian alternative to payment platforms such as Visa and Mastercard. The other was a proprietary financial messaging system called the System for Transfer of Financial Messages, or SPFS, the Russian version of SWIFT.

SPFS became fully operational in 2017, transmitting transaction messages in any currency. In December 2021, it had 38 foreign participants from nine countries. As of this March, SPFS has over 399 users, including more than 20 Belarusian banks, the Armenian Arshidbank, and the Kyrgyz Bank of Asia. Subsidiaries of large Russian banks in Germany and Switzerland, the two most important financial power hubs in Europe, have access to SPFS. Russia is currently negotiating with China to join the system. This alternative financial infrastructure enables Russian corporations and individuals to retain some access, albeit limited, to global markets despite sanctions.

Since 2018, the Bank of Russia has also substantially reduced the share of dollars in Russia’s foreign exchange reserves with purchases of gold, euros, and yuan. It also withdrew much of its reserves from U.S. Treasury bonds; between March and May 2018, the Bank of Russia reduced its holdings of U.S. Treasury securities from $96.1 billion to $14.9 billion. In early 2019, the bank cut its U.S. dollar holdings by $101 billion, over half of its existing assets. In 2021, after the Biden administration imposed new sanctions on Moscow, Russia announced its decision to completely remove dollar assets from its $186 billion National Wealth Fund, a major sovereign wealth fund.

Since the beginning of his fourth presidential term in 2018, Putin pledged to defend Russia’s economic sovereignty against U.S. sanctions and prioritized policies that steered the country’s economy away from the dollar. He advocated for getting “free” of the dollar “burden” in the global oil trade and the Russian economy because the monopoly of the U.S. dollar was “unreliable” and “dangerous.” In October 2018, the Putin administration supported a plan designed to limit Russia’s exposure to future U.S. sanctions by using alternative currencies in international transactions...

Keep reading

 

Herbert Marcuse and the Left's Endless Campaign Against Western 'Repression'

This is from Benedict Beckeld, at Quillette (via Maggie's Farm):

The Frankfurt School of social theory began about a century ago, in the Weimar Republic. It consisted in the main of a group of rather anti-capitalist, Marxist-light gentlemen who embraced oikophobia (the hatred or dislike of one’s own cultural home), and who were understandably disillusioned by the carnage of World War I. Our interest today is mainly historical; of its earlier members, such as Ernst Bloch, Walter Benjamin, Max Horkheimer, Herbert Marcuse, and Theodor Adorno, really only Adorno is still read with a measure of seriousness outside of academia.

The Frankfurt School popularized historicism—the belief that reflection itself is a part of history, which is to say that earlier thoughts are historically conditioned by the circumstances in which the thinkers lived, and should be seen in that light; and that what passes for “knowledge” is marred by the historical time and place in which that knowledge appeared. (This idea was present already in the second part of The Communist Manifesto.) The insights that a more positivist outlook claims to be certain, based on sensory data, historicism will consider uncertain and necessarily bound by subjective value judgments. A part of this view is the concern—and the French postmodernists will pick up this point—to identify, isolate, and thereby exorcise every sort of domination that any group might have held over any other group.

They wanted to find the particular reasons why someone in the past had thought in a particular way, reasons that were to be found mainly in external factors. Essentially, the Frankfurt School endeavored to establish a “value-free” social science, that is, the erasure of any sort of prejudice among philosophers and sociologists. Since Western civilization was monomaniacally seen as the history of dominations by various groups over one another—which meant that individual actors had to be viewed as purely nefarious oppressors—it followed quite naturally that much of the West was ready for the garbage heap. Not only were the workers and the poor oppressed by the rich, but the rich in turn were, along with everyone else, oppressed psychologically by Christian sexual mores and by the overall familial hierarchy of Western civilization. This is why, to many of the school’s members, not only smaller fixes had to be implemented here and there, but the whole edifice had to be brought down (which was itself ultimately a morally positivistic effort). With the rise of Nazism in Germany, many Frankfurt scholars moved to New York, and thereby gained a broader audience of impressionable college students....

Keep reading.

And see Linda Kimball's now classic article, "Cultural Marxism."  


WATCH: Sunday With Lindsay Pelas

Look at that dress, wow.


How the West Unplugged Russia From the World's Financial Systems

At WSJ, "Western financiers severed practically every artery of money between the country and the rest of the globe, in some cases going beyond sanctions":

Two weeks ago, Russia’s companies could sell their goods around the globe and take in investments from overseas stock-index funds. Its citizens could buy MacBooks and Toyotas at home, and freely spend their rubles abroad.

Now they are in a financial bind. Soon after Russia invaded Ukraine, another war began to isolate its economy and pressure President Vladimir Putin. The first move was made by Western governments to sanction the country’s banking system. But over the course of the past week, the financial system took over and severed practically every artery of money between Russia and the rest of the world, in some cases going further than what was required by the sanctions.

Visa Inc. V -3.91% and Mastercard Inc. stopped processing foreign purchases for millions of Russian citizens. Apple Inc. and Google shut off their smartphone-enabled payments, stranding cashless travelers at Moscow metro stations. International firms stepped back from providing the credit and insurance that underpin trade shipments.

This unplugging of the world’s 11th-largest economy opens a new chapter in the history of economic conflict. In a world that relies on the financial system’s plumbing—clearing banks, settlement systems, messaging protocols and cross-border letters of credit—a few concerted moves can flatten a major economy.

Russia now faces a repeat of one of the most painful episodes in its post-Soviet history—the financial crisis of 1998, when its economy collapsed overnight. In the decades that followed, Russia earned its way back into the good graces of financiers in New York, London and Tokyo. It is all being undone at warp speed and will not be easily put back together.

The ruble has lost more than one-quarter of its value and is now virtually useless outside of Russia, with Western firms refusing to exchange it or process overseas transactions. Moscow’s stock exchange was closed for a fifth straight day on Friday. The Russian Central Bank more than doubled interest rates to attract foreign investment and halt the ruble’s free fall. Two firms that are crucial to clearing securities trades, Euroclear and DTCC, said they would stop processing certain Russian transactions.

With their interest payments stuck inside the country—following the sanctions, Mr. Putin also ordered intermediaries in Russia not to pay—some Russian companies and government entities could default on their bond payments to international creditors. That could make the country toxic for investing for years. Shares of Russian companies, even those without obvious ties to the Kremlin, were booted from stock-index funds, which will further isolate them from pools of Western capital.

Analysts expect Russia’s economy to contract as much as 20% this quarter, roughly the same hit the British economy took in the spring of 2020 during the pandemic lockdowns.

Aleksandr Iurev left Moscow eight years ago as an aspiring entrepreneur. Russia’s escalating hostility in the region made it “no place for business people,” he said from his home in New Jersey. The 36-year-old runs a mobile-app startup and this week, he can’t make payroll for the six developers who work for him in Russia because they hold personal accounts at sanctioned banks.

“It is completely shut off,” he said. He’s looking into cryptocurrency to keep his staff from bolting.

His company, Pocketfied, has other problems: Members of his marketing team in Ukraine took the week off to help build street barricades in Dnipro, in the country’s east.

The one lifeline that still connects Russia’s economy to Western markets is its supplies of energy, which European countries rely on and have been loath to cut off, especially during the winter. U.S. lawmakers are pressuring the White House to expand sanctions to include energy payments, which would sap Russia of its largest source of income, at $240 billion last year.

Even if governments don’t act, the market is speaking: Russian oil producers have had trouble finding buyers for shipments since the invasion began.

“The golden age that we had from 1945 to last week is now over,” said Gary Greenberg, head of global emerging markets at Federated Hermes, which manages $669 billion in assets. “As investors, we need to look at things differently now.”

As it dug out from the 1998 crash, Russia plugged itself into the global economy. It joined Brazil, China and India—dubbed the BRIC economies by Western investors—as the next frontier of finance.

American, British and Swiss banks courted the flood of money its oil industry produced. Russia’s biggest banks listed shares in London. One of them moved into an office across the street from the Bank of England. The Moscow exchange itself went public in 2013 with backing from U.S. and European investors.

The first signs of decoupling came in 2014, when Mr. Putin’s territorial ambitions began to stir. Western governments put limited sanctions on Russia after it annexed Crimea from Ukraine.

Russia began trying to sanction-proof its economy. It built its own domestic payments network—called Mir, Russian for “peace”—to function alongside and, if needed, replace those run by Western firms. It shifted its overseas holdings away from the U.S. and its European allies and toward China, which has been relatively more accommodating of Mr. Putin’s efforts to expand his influence and territory. It doubled its gold reserves.

Those efforts to wall itself off may prove insufficient. At least 40% of Russia’s $630 billion in foreign reserves are in countries that have joined in the latest sanctions. The rest, mostly in China, it is free to spend—but only in China. Moving those reserves out of the country would require first converting them into a Western currency like dollars or euros, which no global bank will do.

Russia, like many energy-rich countries, exports oil and gas and imports much else—automotive parts, medicines, broadcast equipment, wallpaper, fresh vegetables.

The financial journey that enables their geographical one depends on a complex web of loans, insurance policies and payments. Western banks are stepping back from trade financing, executives said, wary of the risk that their counterparty uses a sanctioned Russian bank, or has ties to a sanctioned oligarch. Maersk, the Danish shipping giant, suspended deliveries to Russia, citing tougher terms now being demanded by financiers.

Czarnikow Group, a London-based trade-financing firm, was preparing this week to send a shipload of a specialty plastic used in soda bottles and clamshell packaging, with scheduled stops in Russia and Ukraine. On Monday, the firm got notice from its insurance provider that its policy would no longer cover the ship.

“It was obvious we weren’t going to be able to put a vessel in,” said Robin Cave, Czarnikow’s chief executive, who began looking for alternative ports and is talking to his client about where to send the cargo...

California Gas Prices Hit More Than $5.00 Per Gallon on Average for First Time, Breaking Record Highs for the State (VIDEO)

I'm glad I'm not commuting to work everyday. I teach online. You wouldn't believe the continuing strong demand for online classes. Kids don't want to come back on campus, and not just because they might get sick. No, they like "going to school" in their pajamas. They don't have to pay for gas, parking, and maintenance on their vehicle. 

My college administration was stunned when on-campus classes were under-enrolled for the spring semester, which was supposed to be the first time everyone was fully "on-campus" since March 2020. 

Didn't work out that way. Even employees aren't looking to go back if their gasoline budget balloons to $600 a month and counting.

Following up from yesterday, "Gas Prices in Los Angeles," at KABC News 7 Los Angeles:


Biden Wokeness on Energy Is Weakness

From Ned Ryun, at American Greatness, "Wokeness on Energy: Is Weakness Biden’s energy policy is bankrupting the country and making us a paper tiger abroad?"


The U.S. Constitution Is Trash (VIDEO)

This is one bitter motherfucker.

Watch, Elie Mystal, a writer for the Nation, at "The View."

If you want to know how leftists will finally destroy the United States --- which is exactly what they want --- this is it:



Sunday, March 6, 2022

Sean McMeekin, Stalin's War

Sean McMeekin, Stalin's War: A New History of World War II




Doctor, My Eyes ... Tell Me What is Wrong...

Jackson Browne


Cause I have wandered through this world
And as each moment has unfurled
I've been waiting to awaken from these dreams
People go just where they will
I never noticed them until I got this feeling
That it's later than it seems

Doctor, my eyes
Tell me what you see
I hear their cries
Just say if it's too late for me...

Take a Peek Inside the Massive 'Stratofortress' B-52s Currently Doing Laps Around Eastern Europe

At Instapundit, Ed Driscoll quips, "JUST AS LONG AS SLIM PICKENS ISN’T IN THE COCKPIT."

Definitely click through. Lots of excellent video at the post. 

CONTENT WARNING: Russian Cruise Missile Strike Kills Family in Irbin, Ukraine (VIDEO)

This video is so intense Google's buried results for it, BBC's pulled the segment from their channel, and I'd be surprised if this one from Bloomberg stays up through the night. 

Some copies have even been deleted on Twitter, especially after Clarissa Ward RT'd it earlier (though the clip's gone now). 

Some #StandWithUkraine dude has it posted at a long thread showing today's horrific developments. Another copy is here.

Some are calling these "mortar shells" raining down on Irpin, but at the video, that's no mortar. It's a missile.

Both Pamela Brown and Anderson Cooper showed it during their respective news hours, with Cooper leading with it at the top of the hour, issuing a stern content warning: " We want to warn you it [this video] shows precisely what war is, but it's important for you to see it." Yeah, all the live shots of bombed out ground up meat and bone is "important for you to see," to bolster CNN's ratings though the March Nielson's sweep.

Story at the Associated Press, "Ukraine says Russia steps up shelling of residential areas."

And scroll down at the New York Times, here: "Russian forces fire on evacuees, leaving 4 people dead outside Kyiv.The attack in Irpin, west of the capital, suggested either direct targeting of evacuees or disregard for the risk of civilian casualties":

IRPIN, Ukraine — A Russian force advancing on Kyiv fired mortar shells on Sunday at a battered bridge used by evacuees fleeing the fighting, sending panicked civilians running and leaving four people dead on the pavement.

Crowds of hundreds have clustered around the damaged bridge over the Irpin River since Saturday. Ukrainian forces had blown up the bridge earlier to slow the Russian advance. Only a dozen or so Ukrainian soldiers were in the immediate area of the bridge on Sunday, not fighting but helping carry civilians’ luggage and children... 

A New York Times team — including the photojournalist Lynsey Addario; a security adviser; and Andriy Dubchak, the freelance journalist who filmed the scene — witnessed the moment that civilians were fired upon.

As the mortars got closer to the stream of civilians, people ran, pulling children, trying to find a safe spot. But there was nothing to hide behind. A shell landed in the street, sending up a cloud of concrete dust and leaving one family — a woman, her teenage son and a her daughter, who appeared to be about 8 years old; and a family friend — sprawled on the ground.

Soldiers rushed to help, but the woman and children were dead. A man traveling with them still had a pulse but was unconscious and severely wounded. He later died.

Their luggage, a blue roller suitcase and some backpacks, was scattered about, along with a green carrying case for a small dog that was barking...

 

Will Joe Biden, the Second Coming of George McGovern, Give Putin What He Really Wants?

Actually, I'm not trashing President Biden.  

The U.S. response to Russia's invasion hasn't been all bad, though it's true the NATO alliance was caught off guard, and by that I mean most all of the NATO countries have dramatically demilitarized over the last few decades, with the Cold War long in the rear-view mirror. We saw a lot of scrambling the first couple of days of the conflict, and pacific Germany has done a virtual about-face in its foreign policy. Now that's something new for a change. 

It's quite dramatic.

And I can't stress enough powerful are the several rounds of economic sanctions. It's absolutely stunning. Russia has literally been completely removed from the world economy. There are still some oil exports, but these too will dry up as a source of capital for Putin's regime very soon.  

In any case, Biden is no Franklin Roosevelt, much less Lyndon Johnson (who in the end, "lost" Vietnam). Democrats used to fight wars to win. After Afghanistan and Iraq, maybe we will again someday. 

At FrontPage Magazine, "Bombshell Revelations":

“Putin Order Puts Russian Nuke Deterrent Force on High Alert,” the Washington Times reported on February 27. A month before, another report exposed what was going on behind the scenes.

“55 Democrats Urge Biden to Adopt ‘No First Use’ Nuclear Policy,” headlined a January 26 story in Air Force Magazine. The 55 Democrats, including Sen. Elizabeth Warren, a member of the Senate Armed Services Committee, also want to stop deployment of the deployment of the W76-2 low-yield Trident submarine warhead, and the development of a new nuclear-armed sea launched cruise missile.

The Democrats, including four members of the House Armed Services Committee (Andrew Kim, Sara Jacobs, Ro Khanna and John Garamendi), also question the necessity of new nuclear weapons systems. As with opposition to deployment of the W76-2 warhead, such restrictions apply only to the United States.

In 2018, Putin boasted a new nuclear weapon that “can attack any target, through the North or South Pole, it is a powerful weapon and no missile defense system will be able to withstand.” Putin, who also announced a cruise missile system that can “avoid all interceptors.” With President Trump in office, Democrats remained rather quiet about those new threats. Joe Biden has been on that page from the start.

In 1972 the Democrats’ candidate was George McGovern, whose position on “arms control” was essentially the same as the Soviets. America is to blame for the Cold War, McGovern believed, so the Soviets must arm and America must limit.

In his Senate run that year, Biden decried “endless warfare, reliance on false obligations of global power, overt and covert manipulation of foreign regimes, standing as the sentinel of the status quo are not our true styles.” Nothing about aggression from the USSR, then on the march around the globe, and still in control of Eastern Europe.

In the 1972 election, McGovern’s Republican opponent Richard Nixon won 49 states, 521 out of 538 electoral college votes, and 60.83 percent of the popular vote. By any measure, as the New York Times put it, “Senator George McGovern suffered the worst defeat of any Democratic Presidential candidate in history.” That year Joe Biden gained office and went on to represent McGovern’s weak defense policy in the Senate.

During the 1980s Biden supported the nuclear freeze movement, a Soviet-backed initiative that would have locked Soviet gains in place. Biden also opposed the Reagan defense buildup and Strategic Defense Initiative, which had the USSR on its heels.

For the Delaware Democrat living under the threat of a Soviet first strike was entirely acceptable. In 2010, vice president Biden said, “The spread of nuclear weapons is the greatest threat facing the country and, I would argue, facing humanity.” Nothing about the spread of tyranny under Stalinist dictatorships, or the threat of Islamic terrorism, which had already struck down thousands in the American homeland.

“Let me say as clearly and categorically as I can,” vice president Biden said in 2014, “America does not and will not recognize Russian occupation and attempted annexation of Crimea.” The attempted annexation succeeded, and Biden duly accepted it. At the same time, he opposed American efforts to shore up defenses against Russia.

“Given our non-nuclear capabilities and the nature of today’s threats,” Biden said in 2017, “it’s hard to envision a plausible scenario in which the first use of nuclear weapons by the United States would be necessary. Or make sense.” The prospect of a first strike by Putin failed to disturb Biden, who did not hesitate to target President Trump.

“The possibility that the Trump administration may resume nuclear explosive weapons testing in Nevada is as reckless as it is dangerous,” Biden said in May of 2020. “We have not tested a device since 1992; we don’t need to do so now.”

In August of 2020, Biden said. “I will restore American leadership on arms control and nonproliferation as a central pillar of U.S. global leadership.” No word about control of Putin’s aggression, and in 2022, Biden suggests that a “minor incursion” by Putin into Ukraine would be acceptable. That, and Biden’s devastation of the American energy industry, had to encourage the KGB man.

As Ukrainian-American comic Yakov Smirnoff says, the KGB will throw a man off a roof to hit the guy they really want. Putin invades Ukraine but what he really wants is for the United States to reduce its missile defense capabilities. Look for Biden to give the 55 leftist Democrats the reductions they want, while asking nothing from Putin, a big admirer of Joe Stalin.

The addled Joe Biden is the second coming of George McGovern, possibly worse. A blame-America leftist to the core, McGovern had no financial entanglements with totalitarian states in the style of Biden and son Hunter. George McGovern never told African Americans “you ain’t black” if they failed to support him, and never responded to a legitimate question by calling a reporter a “stupid son of a bitch.” And so on.

Joe Biden does all these things, and like Blanche DuBois, they increase with the years. The Delaware Democrat also suffers from Reagan Derangement Syndrome (RDS) and Trump Derangement Syndrome (TDS).

Whatever President Reagan and President Trump did, however successful at strengthening America and stopping Stalinist aggression, Joe Biden must do the opposite. So now it’s springtime for Putin, with bombs falling from the skies again, maybe in places far beyond Ukraine.

 

Under Steady Barrage, Ukrainian Forces Repel Russians

At the New York Times, "Shelling Halts Mariupol Evacuation as Conditions Deteriorate":

LVIV, Ukraine — Frantic efforts to rescue civilians from the worsening violence in Ukraine came under direct attack by Russian forces on Sunday as at least three people were killed in shelling outside Kyiv. Russian forces were struggling to advance on multiple fronts. The Ukrainian military said it was successfully defending its position in fierce fighting north of Kyiv, the capital, and holding back Russians from the east, where President Vladimir V. Putin’s forces bogged down in clashes around an airport.

The United Nations refugee agency said that 1.5 million people had fled Ukraine in the 10 days since Russia’s invasion began, making it the fastest growing refugee crisis in Europe since World War II.

In southern Ukraine, the unexpected Ukrainian success of defending the critical port city of Mykolaiv after three days of intense fighting underscores two emerging trends in the war.

Russia’s failure to seize Mykolaiv and other cities quickly, as President Vladimir V. Putin of Russia appears to have intended, is largely a function of its military’s faltering performance. Russian forces have suffered from logistical snafus, baffling tactical decisions and low morale.

But it is the fierce and, according to many analysts, unexpectedly capable defense by Ukrainian forces, who are significantly outgunned, that has largely stalled the Russian advance and, for now, prevented Mykolaiv from falling into Russian hands.

Here are the latest developments:

* A Russian force advancing on Kyiv fired mortar shells on Sunday at a battered bridge used by evacuees fleeing the fighting, sending panicked civilians running and killing four: a mother and her two children and a family friend traveling with them.

* A planned evacuation of Mariupol — a port city of a half-million people that has become a key battleground in Russia’s objective to capture Ukraine’s entire southern coast — was halted for a second consecutive day amid “intense shelling” by Russian forces that have encircled the city, the mayor’s office said. Residents are facing increasingly dire conditions in the city, which has been cut off from food, heat and electricity for days.

* Amid antiwar rallies across Russia, the police said more than 3,000 people were arrested, the highest nationwide total in any single day of protest in recent memory. An activist group that tracks arrests, OVD-Info, reported detentions in 49 different Russian cities.

* The Biden administration is studying how to supply Russian-made Polish fighter jets to Ukraine, U.S. officials say. President Volodymyr Zelensky is asking for more lethal military aid, especially Russian-made aircraft that Ukrainian pilots know how to fly. Russia threatened countries that allow the Ukrainian military to use their airfields.

* Hundreds of thousands of homes across eastern and southern Ukraine had their gas turned off on Sunday as the areas faced heavy fighting, according to Ukraine’s Gas Transmission System Operator.

* Mr. Zelensky repeated his calls for NATO to enforce a no-fly zone over his country to stop Russia’s aerial attack, saying, “It’s easy when you have the will.” NATO has been unwilling to take such a step, fearful of triggering a wider war with Russia...

 

How Vladimir Putin Weaponizes Refugees

From Ayaan Hirsi Ali, at UnHerd, "Immigrants have become a tool of war":

For the last three decades, Europe’s leaders have pursued a noble strategy to prevent conflict using trade, aid and diplomacy. But their reliance on soft power has had an unintended consequence: it has left them divorced from reality.

Soft-power tools are honourable and often pragmatic methods of conflict prevention and, at times, resolution. Just look at America’s Marshall Plan to rebuild Europe after the Second World War, or the foreign aid provided today by the wealthy West to smaller and poorer nations.

However, as we are now seeing, it is deluded to conclude that evil men can be stopped by soft power alone. In the days since Vladimir Putin’s invasion of Ukraine, Europeans have been reminded of the necessity of having a well-funded and well-trained military. It has also become clear that we need to abandon our irrational energy policy, which imagines meeting Europe’s energy needs exclusively from ‘renewable’ sources.

Nevertheless, a key battlefield in the conflict playing out in Ukraine continues to be overlooked — and that is immigration policy. This is, of course, nothing new: just as soft power has been divorced from hard power, so immigration policy has been divorced from national security, even though it has been a destabilising factor in Europe for at least a decade.

Both sides of the immigration equation — the push and pull factors — dramatically affect Europe’s national security. The unyielding flow of immigrants from Africa, the Middle East and South Asia remains a source of civil unease. Social cohesion and national identity have become incendiary issues in polling stations across Europe. Intolerance towards immigrants is high and extremist parties remain popular. At the same time, radical Islamist extremism and the constant threat of terrorism still linger.

Add to this the burden on local resources — on housing, healthcare, education and policing — and it’s hardly surprising that the status quo exacerbates resentment towards immigrants, while undermining trust in the political class. It is no accident that Putin and other adversaries have been using misinformation and disinformation to support anti-immigrant parties and other groups on the far-Right.

What is less well-known, however, is how immigrants have become a tool of war — one that is increasingly deployed by cruel, inhumane autocrats such as Putin.

Since the start of this conflict, at least half a million Ukrainians have crossed into neighbouring countries; according to the EU’s latest warnings, that figure could rise to seven million. To put that in perspective, when Russia invaded Ukraine in 2014, roughly 1.5 million Ukrainians were displaced. But even then, there was no exodus to the EU; the refugees simply relocated to other regions within the country.

This time, however, it’s unclear if Putin will leave any Ukrainian territory for them to flee to. And make no mistake: this is all part his plan. Indeed, Putin has become the world’s leading advocate of hybrid warfare. In 2016, US General Philip Breedlove, Head of Nato forces in Europe, recognised this, warning that “Russia and the Assad regime are deliberately weaponising migration from Syria”.

Yet in recent years, it’s been in Libya that Putin has pursued his most fierce — and secret — weaponisation of migrants...

 Keep reading.


GRAPHIC: At Least 17 Dead in Soccer Melee at Mexico's Querétaro Estadio Corregidora Stadium (PHOTOS)

This tweet is particular gruesome. It's a foaming mob, kicking people to death, stripping off their clothes. Here, "The riot at the Querétaro vs Atlas game spilled outside of the stadium. Reprehensible scene."

Oh! Lord have mercy!

At London's Daily Mail, "Mexican football league suspended after match turns into BLOODBATH: 'Up to 17' fans killed and 'at least 26' injured after fights break out in stands as supporters beat up rivals and strip them NAKED":

At least 17 were killed and 26 people were brutally injured in a football match in Mexico yesterday, according to local reports.

The game between Queretaro and Atlas was suspended when fights broke out.

Unconfirmed reports of deaths emerged amid footage of fans bloodied and unresponsive.

Security opened the gates so women and children could escape to the pitch.

The Liga MX - Mexico's elite football division - announced the suspension of all remaining matches this weekend.

 More here, "VERY STRONG IMAGES FROM QUERÉTARO CORREGIDORA STADIUM. The bars fought brutally, there are wounded and unofficially dead. NO TO VIOLENCE IN STADIUMS, IN SPORTS, IN FOOTBALL," here, "Picture captured of man in the total choas that broke out at the Liga MX soccer match between Atlas and Querétaro."

See also, "Soccer Match Gets Suspended As Gruesome Riot Ends With 17 Fans Dead & Counting (VIDEO + PICS)."


Fish-Matching Woman

 I love this lad, "Woo-hoo fishy woman ... she's got the scales in her eyes..."

On Twitter. 


 


Nightmare! Sky News Journalists Take Fire, Attacked by Russian 'Death Squads' (VIDEO)

You can see the rounds pounding the vehicle. One of the journalists took a couple to his bullet-proof vest body armor, and another was shot in the lower back. 

Here, "Sky News team's harrowing account of their violent ambush in Ukraine this week":

On Monday, near Kyiv, chief correspondent Stuart Ramsay and his team were attacked. Camera operator Richie Mockler took two rounds to his body armour, Stuart was wounded. Their experience illustrates the scale of the mayhem and violence as Russia's invasion enters a new and deadlier phase.


Saturday, March 5, 2022

Masha Gessen, The Future is History

At Amazon, Masha Gessen, The Future is History: How Totalitarianism Reclaimed Russia.


Shop Pop Music

At Amazon, Pop Rock CDs and Vinyl.

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Antivirus and Security Software.

* PlayStation 5.

* Best Sellers in Office and School Suppllies.

* Shop Electronics.

* Pet Food and Supplies.

BONUS: Michael McFaul, From Cold War to Hot Peace: An American Ambassador in Putin's Russia.


Viewers Tune In to CNN's Ukraine Coverage

Here's CNN's own report, "Viewers Tune In CNN’s Extensive and Worldwide Coverage of the Russian Invasion of Ukraine."

And at Showbiz 101, "War is Good For Prime Time Cable: CNN Shows Rise by a Million or More Viewers During Ukraine Crisis."

I'm enjoying the coverage very much. It's been excellent, well-informed, immediate (with phenomenal on-the-ground reporting), featuring outstanding guests, impartial and professional. 

Clarissa Ward has been particularly outstanding. 

It reminds me of CNN of the early years, especially during the 1980s and 1990s when I used to tune in a lot.

Seen on Twitter:




How Vladimir Putin Brought the West Together

 At Der Speigel, "United By Danger":

The Ukraine war is uniting the West – politically, militarily, morally. But what will the world's democracies do with this newfound unity? Can they succeed in preventing further escalation?

The small Romanian town of Câmpia Turzii doesn't look like the kind of place where global political developments take place. The bed of gravel in front of the town hall is waiting for new asphalt, the "Asia” market next door has lost its "i," and the hotel on the outskirts of town bears the simple name A3. The town’s biggest attraction stands at the city limits. Once you pass the last single-family homes, you suddenly find yourself in front of a mounted aircraft. A blue, Soviet-produced MiG-21 fighter jet juts into the sky like a signpost.

Câmpia Turzii has been home to an air base for almost 70 years. During the Cold War, Warsaw Pact pilots took off and landed here. These days, though, NATO troops are stationed behind the metal gate.

People waited for precisely that for more than 50 years, says Laura Ștefan, a Romanian who works for the Expert Forum, which promotes trans-Atlantic relations. "The Americans were the salvation," she says. "When the first U.S. soldiers moved in, people greeted them with flowers."

NATO, the West – synonymous for many with freedom and prosperity back when Romania joined NATO in 2004.

Today, the country that has for so long stood in the shadow of European history is a front-line state. "We border Ukraine," Ștefan says. "If it came to an invasion of Romania, that would be the end. For many of us, but also for Putin. But I don’t think an invasion of Romania is likely. Still, we have to be prepared for anything.”

Slowly, we're running out of comparisons for grasping the magnitude of what is currently happening. Just a week ago, Vladimir Putin’s invasion of Ukraine brought to mind events like Saddam Hussein’s 1990 attack on Kuwait – a large scale and ultimately devastating military operation, but also one whose impact at first seemed limited to the region.

In the meantime, however, an open and brutal war is raging, and Putin’s threat of using nuclear weapons is evoking the darkest moments in human history: the fateful chain of events that triggered World War I in 1914 and the unleashing of World War II through the invasion of Poland on the orders of a single, megalomaniacal dictator.

.. Few spoke seriously during the Kuwait crisis about the possibility of an imminent third world war. Today, many are using that expression, from the German Green Party politician Jürgen Trittin to the British-American presidential adviser Fiona Hill, who says the global conflict began long ago – with the assassination attempts by Russian agents in the West, for example.

The same West that for so long seemed powerless in the face of Putin’s provocations has now been united by his attack on Ukraine in a way that neither the Kremlin nor Western politicians could have foreseen...

More.

 

Gas Prices in Los Angeles

On Twitter earlier today:


Is the Russian Air Force Actually Incapable of Complex Air Operations?

At Instapundit, "'One of the greatest surprises from the initial phase of the Russian invasion of Ukraine has been the inability of the Russian Aerospace Forces (VKS) fighter and fighter-bomber fleets to establish air superiority, or to deploy significant combat power in support of the under-performing Russian ground forces. On the first day of the invasion, an anticipated series of large-scale Russian air operations in the aftermath of initial cruise- and ballistic-missile strikes did not materialise'."





Biden Gets Boost in Public Approval After State of the Union Address

From Marist, "NPR/PBS NewsHour/Marist National Poll: Bounce for Biden Following State of the Union, March 2022":

Biden Enjoys Boost in His Job Approval Ratings Following the State of the Union... A Majority Approve of Biden’s Handling of Conflict in Ukraine... Overwhelming Support Exists for Economic Sanctions.

Following a State of the Union address which underscored President Joe Biden’s commitment to promoting democracy across the world, the president enjoys a bounce in his handling of the crisis in Ukraine. His standing among the American people has also improved on the issues of the economy and the coronavirus pandemic. While Biden’s bounce is predominantly among his Democratic base, he also enjoys moderate gains among independents. Of note, rare, bipartisan consensus exists on the issue of sanctions levied against Russia. Most Americans, regardless of party, support these sanctions, and nearly seven in ten favor them even if it means higher energy prices domestically.

RTWT.


The Atlantic: Schools' Masking Policy Has Imposed a Serious, Possibly Permanent, Developmental Delay on Many Students

At AoSHQ, "The Atlantic published an article admitting the obvious: The masking mandates that the corrupt US and state and local governments forced on children, under pressure from the corrupt teachers unions have imposed developmental disorders on children that they may never recover from."


Angela Stent, Putin's World

At Amazon, Angela Stent, Putin's World: Russia Against the West and With the Rest.




Russian Helicopter Gunship Shot Down Over Kyiv Oblast Province of Ukraine (VIDEO)

 At Business Insider, "Ukraine shares footage that appears to show a Russian helicopter gunship shot down in flames with a Stinger portable air-defense system, say reports":

Footage appears to show the moment a Russian gunship helicopter was shot down by a man-portable air-defense system (MANPADS) in the Kyiv Oblast province of Ukraine.

In the video, a helicopter immediately bursts into flames and crashes to the ground after being targeted by a weapon. The footage was shared on Twitter by the Ministry of Defence of Ukraine on Saturday morning. "This is how the Russian occupiers are dying," the ministry said in the caption. "This time in a helicopter!"

It was also circulated on Facebook by the General Staff of the Armed Forces of Ukraine...

Up to eight paratroopers, in addition to its two-person crew, can conduct fire with small arms through the openings in the side windows of these helicopters. Mil Mi-24 Hind gunships have been in use since 1970.

The helicopter appears to have been shot down by an FIM-92 Stinger MANPADS, according to the military and civil aviation website The Aviationist. These man-portable air-defense systems developed in the US can operate as an infrared homing surface-to-air missile.

Several nations have said they are providing Stinger missiles to the Ukrainian forces amid the Russian invasion, including Germany, Denmark, The Netherlands, and the U.S. ...

 

U.S. Working With Poland to Send More Fighter Jets to Ukraine (VIDEO)

I was thinking about this as I was writing my earlier entry on establishing a "no-fly zone" over Ukaine. My thought's were more American F-16s than Russian MIGs, but hey, it's like a new cold war, right? 

At WSJ, "U.S., Poland Look at Providing Soviet-Era Aircraft to Ukraine":

The U.S. is exploring a deal in which Poland would send Soviet-era aircraft to Ukraine in return for American F-16 jet fighters, U.S. officials said Saturday, in the latest bid to help Ukraine respond to Russia’s invasion.

The deal would require White House approval and congressional action, U.S. officials said.

The disclosure of a possible deal followed Ukrainian President Volodymyr Zelensky’s impassioned plea to Capitol Hill for assistance in obtaining more lethal military aid, especially Russian-made jet fighters that Ukrainian pilots can fly. Mr. Zelensky also supported a proposal to ban U.S. imports of Russian oil, in a video call Saturday morning with members of Congress.

There were more than 200 House and Senate members on the call, said people who participated. Mr. Zelensky spoke for about 25 minutes before taking questions.

Senate Minority Leader Mitch McConnell (R., Ky.) asked Mr. Zelensky what one thing he needed most, according to two people on the call. The Ukrainian president replied with the need for jet fighters. He also brought up instituting a no-fly zone over Ukraine, but said, through a translator, “if you can’t do that, at least get me planes,” according to a person on the call.

Eastern European allies are in possession of Russian military jets that potentially could be transferred to Ukraine. Sen. Dick Durbin (D., Ill.), the No. 2 Senate Democrat, said that the U.S. should help make possible the transfer of the aircraft. “We must eliminate every obstacle to providing every measure of support to Ukraine to include finding a way for the United States to compensate our Eastern European partners who wish to donate their Soviet-style aircraft to Ukraine,” he said in a statement.

Another lawmaker said in an interview that Congress could direct funds in a pending spending bill to replenish the stockpiles of European allies.

Mr. Zelensky said that the jets were more important than the Stinger antiaircraft missiles that the U.S. has greenlighted.

A U.S. defense official said other allied nations are seeking to provide Ukraine with Russian aircraft. The U.S. military would backfill with American aircraft...

 Keep reading.

Shop Kitchen Appliances, Cookware, Table Linens, and More

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Thank you so much for doing your Amazon purchases through my associates links. If I can make $20.00 a month I can buy a book! (In other words, I don't do this for a living, lol.) 

Thanks again.


Ukraine's Nuclear Power Fleet the Prize in Russia's Escalating Energy War

 At the Sydney Morning Herald:

Russia’s strategy of seizing control of Ukraine’s power generation by attacking its fleet of nuclear reactors has prompted global fears of a Chernobyl-style nuclear catastrophe.

On Friday, AEDT, Russian troops seized the biggest nuclear power plant in Europe after a middle-of-the-night attack that set it on fire. Firefighters extinguished the blaze, and no radiation was released, UN and Ukrainian officials said...

The attack triggered global alarm and fear of a catastrophe that could dwarf the world’s worst nuclear disaster, at Ukraine’s Chernobyl in 1986. In an emotional nighttime speech, Ukrainian President Volodymyr Zelensky said he feared an explosion that would be “the end for everyone. The end for Europe. The evacuation of Europe.” ...

More.

 

NATO Rejects No-Fly Zone for Ukraine

If Twitter's global commentariat's any measure, practically the entire world's population wants the U.S. military to join the fight in Ukraine. Turns out it's a moral imperative, ironically, since for the last 21 years, the U.S. has been demonized for its nation-building wars in Afghanistan and Iraq, to say nothing of the reaction to the assassination of Osama bin Laden among the 2 billion Muslims worldwide. 

The truth is there is no other country that can destroy Russia and liberate Ukraine. No country with the economic, financial, and military might. Every head of state knows this. People get on the wrong side of the American hegemon at their peril. Even China is hedging its bets now after seeing how fast the U.S. and members of the Western led-international community took down Russia's entire financial system.

It's a breathtaking display of U.S. power. We may not be the the international superpower we once were, but for now, there's no one near ready to take our spot. 

At the video, Vladimir Putin warns the Western allies against creating a "no-fly zone" over Ukraine.

And at the Los Angeles Times, "NATO rejects Ukraine’s plea for no-fly zone after Russia seizes nuclear plant, uses cluster bombs":

KYIV, Ukraine — Russian forces pressed their offensive against key Ukrainian cities Friday in a heavy bombing and shelling campaign that has led to a ballooning humanitarian disaster, spurred a growing exodus of people and raised fears of a wider calamity after Europe’s biggest nuclear power plant was set ablaze. A chorus of international condemnation and outrage followed Moscow’s capture of the nuclear complex, amid indications Russian forces would continue to go after such facilities.

And in Ukraine’s south, Russian troops besieged the city of Mykolaiv in an apparent march toward Odessa, Ukraine’s most important city on the Black Sea.

In urgent meetings of U.S. and European leaders at NATO headquarters in Brussels, the alliance’s commander confirmed Russia was attacking Ukrainians with cluster bombs, a munition outlawed by more than 120 countries. But NATO also rejected Ukraine’s pleas to establish a no-fly zone over the battered country.

“Unfortunately, tragically, horrifically, this may not be over soon,” U.S. Secretary of State Antony J. Blinken said, emerging grim-faced from the meetings.

Blinken said a no-fly zone would require employing NATO aircraft over Ukraine in potential conflict with Russian fighter jets and lead to “a full-fledged war in Europe.”

The Biden administration, which has joined most of Europe in enacting severe economic sanctions on Russia, said it was examining a ban on Russian oil exports, although support for that is muted because it would raise gas prices in the U.S. and Europe.

Pentagon officials expressed alarm over Russia’s violent takeover of the Zaporizhzhia nuclear complex in the southeastern city of Enerhodar and said it remains unclear how Moscow plans to use the facility. At a minimum, the Russians could cut off the electricity that the plant supplies to much of Ukraine, a senior official said.

“Using combat power to try to take a nuclear power plant over ... it just underscores the recklessness of this Russian invasion,” the official said, briefing reporters in Washington on condition of anonymity.

Authorities said Friday morning that local firefighters had extinguished the fire at the plant and that there had been no release of radioactive material. Even with Russian forces in control, officials said, the local staff continues to operate the plant and is inspecting it for damage.

None of the site’s six reactors — only one of which was in use, at about 60% capacity — was damaged, said Rafael Mariano Grossi, the head of the International Atomic Energy Agency in Geneva. Initial reports Friday had mistakenly indicated there was a fire inside one of the reactors.

But the strike on the plant, which sparked immediate fears of a Chernobyl-like disaster, with radioactive clouds drifting over the rest of Europe, demonstrated anew the war’s potential for terrifying effects far outside Ukraine’s borders. Norway’s leader called the shelling of Zaporizhzhia “in line with madness.”

Linda Thomas-Greenfield, the U.S. ambassador to the United Nations, warned in an emergency session of the Security Council that Russia could make use of any of Ukraine’s other nuclear facilities as pawns in the war.

Energoatom, Ukraine’s state nuclear plant operator, said three Ukrainian soldiers were killed and two were injured in the strike.

In an emotional video address, Ukrainian President Volodymyr Zelensky appealed for a stop to the shelling of Zaporizhzhia and for a Western-enforced no-fly zone over the country to forestall any other strikes on sensitive infrastructure. Ukraine is home to four nuclear power plants.

“Only urgent action by Europe can stop the Russian troops,” said Zelensky, who fielded a flurry of worried calls from President Biden and other world leaders. “Do not allow the death of Europe from a catastrophe at a nuclear power station.”

His comments came as Russian troops strengthened their grip on Ukraine’s south in a bid to choke off access to the Black and Azov seas and establish control over a swath of land pushing up against Moldova and NATO member Romania to the west...

Keep reading.

 

Russia's Currency Reserves Aren't Safe

Actually, nobody's reserves are safe. This round of economic and financial sanctions are perhaps the most devastating since World War Two. 

At WSJ, "If Russian Currency Reserves Aren’t Really Money, the World Is in for a Shock":

Sanctions have shown that currency reserves accumulated by central banks can be taken away. With China taking note, this may reshape geopolitics, economic management and even the international role of the U.S. dollar.

“What is money?” is a question that economists have pondered for centuries, but the blocking of Russia’s central-bank reserves has revived its relevance for the world’s biggest nations—particularly China. In a world in which accumulating foreign assets is seen as risky, military and economic blocs are set to drift farther apart.

After Moscow attacked Ukraine last week, the U.S. and its allies shut off the Russian central bank’s access to most of its $630 billion of foreign reserves. Weaponizing the monetary system against a Group-of-20 country will have lasting repercussions.

The 1997 Asian Financial Crisis scared developing countries into accumulating more funds to shield their currencies from crashes, pushing official reserves from less than $2 trillion to a record $14.9 trillion in 2021, according to the International Monetary Fund. While central banks have lately sought to buy and repatriate gold, it only makes up 13% of their assets. Foreign currencies are 78%. The rest is positions at the IMF and Special Drawing Rights, or SDR—an IMF-created claim on hard currencies.

Many economists have long equated this money to savings in a piggy bank, which in turn correspond to investments made abroad in the real economy.

Recent events highlight the error in this thinking: Barring gold, these assets are someone else’s liability—someone who can just decide they are worth nothing. Last year, the IMF suspended Taliban-controlled Afghanistan’s access to funds and SDR. Sanctions on Iran have confirmed that holding reserves offshore doesn’t stop the U.S. Treasury from taking action. As New England Law Professor Christine Abely points out, the 2017 settlement with Singapore’s CSE TransTel shows that the mere use of the dollar abroad can violate sanctions on the premise that some payment clearing ultimately happens on U.S. soil.

To be sure, the West has frozen Russia’s stock of foreign exchange, but hasn’t blocked the inflow of new dollars and euros. The country’s current-account surplus is estimated at $20 billion a month due to exports of oil and gas, which the U.S. and the European Union want to keep buying. While these balances go to the private sector, officials have mobilized them. Stopping major banks like Sberbank from using dollars and excluding others from the Swift messaging system still plunges the economy into chaos, especially if foreign businesses are afraid to buy Russian energy despite the sector’s explicit exclusion from sanctions. But hard currency will probably keep gushing in through energy-focused lenders like Gazprombank, and can theoretically be used to pay for imports and buy the ruble.

Yet the entire artifice of “money“ as a universal store of value risks being eroded by the banning of key exports to Russia and boycotts of the kind corporations like Apple and Nike announced this week. If currency balances were to become worthless computer entries and didn’t guarantee buying essential stuff, Moscow would be rational to stop accumulating them and stockpile physical wealth in oil barrels, rather than sell them to the West. At the very least, more of Russia’s money will likely shift into gold and Chinese assets...