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Russia Proposes Confiscating US, European Assets If Sanctions Adopted
Following warnings from US and European nations over economic (and travel) sanctions against Russia, the upper house of Russia's parliament has struck back. As RIA reports, Russia is mulling measures allowing property and assets of European and US companies to be confiscated in the event of sanctions being adopted. Layers are studying the costitutionality of the 'confiscation' but cite Europe's standards (i.e. Cyprus) as precedent. This is further to the threat to "dump US goverment bonds" issued earlier in the week.
The upper house of Russia’s parliament is mulling measures allowing property and assets of European and US companies to be confiscated in the event of sanctions being adopted against Russia over its threatened military intervention in Ukraine.
The bill’s author, Federation Council constitutional legislation committee head Andrei Klishas, said Wednesday that lawyers are currently studying whether the proposed confiscations would be constitutional.
“But we have no doubts that it clearly corresponds to European standards,” Klishas told RIA Novosti. “The recent events in Cyprus spring to mind, where the confiscation of assets was the main demand made by the European Union in return for economic aid.”
An adviser to President Vladimir Putin said Tuesday that authorities would issue general advice to dump US government bonds if Russian companies and individuals were targeted by sanctions over events in Ukraine.
Perhaps that is why the UK backed away from sanctions so quickly?
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Gold for Gas bitches
That is the one move that really could checkmate this entire fiat system. I'm no fan of any government entity at this point, but do look forward to someone finally turning over the tables of the money changers.
Remain Calm and Confiscate
I'm not convinced that Putin has really gone Rogue here but if he has then this would be a decent first step.
ie: If he really were acting on his own then he would likely begin to detach from the Western Money system.
I believe, if reports are to be believed, they already have -
http://www.ibtimes.com/china-russia-currency-agreement-further-threatens-us-dollar-248338
http://www.examiner.com/article/dollar-no-longer-primary-oil-currency-as-china-begins-to-sell-oil-using-yuan
http://www.marketoracle.co.uk/Article24705.html
http://goldsilverworlds.com/gold-silver-general/new-chapter-currency-wars-russia-joins-the-game/
http://america.aljazeera.com/articles/2014/1/10/sources-iran-andrussiaclosinginontradearrangement.html
RUSSIA Thanking Its Lucky Stars It Doesn't Store Its GOLD At The FED.
As For GERMANY... What FED GOLD ???
Where do you think the Oligarchs store their "earnings"? Some Russian bank?
It might be interesting to compare assets:
Western companies and individuals with assets in Russia VS
Russian company assets including individual Oligarch's assets held in the west....
What do the chess players among ZH readers call this move?
Typical Russia misogyny is grab assets.
that's good -
Long castle 0-0-0. High risk, high reward, opens your A or H column for attack, but could give you control of E or D.
I would think you are correct about Russian assets abroad, harder to find though....
Wasn't it Credit Suisse and UBS that gave them a template?
You did not think they were really after the taxes, did you?
The days before Cyprus were also very educational. The NSA learned a lot then...
Silly me, I was thinking the chess move was some sort of bravado bluff, by Putin. He does not want it to happen cause he is more at risk short term than the US is. Long term, diff story
Yes, all of the above lend evidence to this happening.
Then the question is: is it planned to initiate a world wide reset or is it 'real'.
Neither option leads to a very good place. Both will lead to armed conflict of some sort, with wide civil unrest and dislocated markets.
I'll probably only be convinced when someone nukes a primary Central Bank asset or two somewhere. Then it's game on for real.
This whole thing has Spook fingerprints all over it. Therefor it's hard to figure out exactly what is 'real'.
fyi, http://www.globaltimes.cn/content/846458.shtml
.
RUSSIA Thanking Its Lucky Stars It Doesn't Store Its GOLD At The FED. GERMANY??? Try And Collect It...
some things need to be said twice
Everybody who deals with autocrats is being put on notice. The message is clear: you can't trust these regimes with your money or capital investment. When TSHTF, they will simply take your stuff.
This will have implications for Russia, China and the imminent re-investment in Iran.
Hey why stop at Russia and China? Who took money from the bank depositors in Cyprus?
And who took my money from my MFGlobal account?
What and you trust your government? ROTFL
Wait, are you posting from Colarado?
Agreed, provided you include Obama and Bush into list of autocrats. How that rule of law applied when it was important 'to matters of national security' or friends and families of those in DC? Now, that is the question.
Yeah. I forgot the US and EU...my bad.
He hasn't gone rogue. He's figting a multi-faceted battle. Kinda like playing Chess, don't you think?
That he's winning despite starting with fewer pieces of the board probably should tell you something about his skill level relative to his opponents.
I'll take 2 rooks and 2 knights over 8 pawns all day and twice on sunday.
Hard to tell who is winning other than organized criminal thug operations - aka governments. The reality is that all of this is playing out on the world stage and the plebes are stuck masturbating themselves on FaceFart and Instagramification, watching their sports, and just self-grandizing in general.
For instance, I fought a four year battle to get a petition initiative on the ballot of my local village to pull back a 1% tax credit to people working outside of the village. I went around to the sheep and tried to use the system to get people involved, but most said I was just paranoid and none of what I was talking about would affect them. As soon as the tax bills started pouring in, those same sheep that dismissed me at a crank starting calling me to get me to "do something" again. Giving these shit heads around us the facts of the situation is as useful as fucking a hot pocket - he who does the screaming get his pecker burnt. In the end, the village is putting their own initiative on the ballot to tax those working in the village higher (which would just be the $85K a year teachers who are being paid with property taxes), so in the end they will get my capital one way or the other. The plebes will vote for this (mark my words) as they will be sticking it to those "union thug" teachers, thereby approving yet another pick of their pockets, all while feeling so vindicated about it.
The governments win in the end is my point, I guess.
.
Bravo.
Sanctions you say?
Okay, if you want to play that game I will seize your assets in my country, dump your debt, and send the USD packing...
Putin's pimp hand is smacking down everything they throw at him.
Winning!
Putin is not a hero or someone to look up to but if all this is for real I love seeing the bankers get bent over for once.
I think the end of the dollar is the end game.
The Russians who are now in alliance with China can easily end the US dollar. Gold bitches, there won't be anything else to run to.
To me, the world looks like its run by competing gangs, with the US as the biggest gang. At some point, one or more of these gangs will try to topple the US, and they'll do it by destroying the dollar. They'll have to risk a great deal to even attempt it.
gangs, or perhaps 13 tribes
Looks more like east vs west and the east is tired of getting bitch slapped and has their own ideas of what the NWO should look like.
the U.S. is just the muscle. the little midget telling the gorilla what to do will be looking for a new host or new strategy however, as the gorilla is clearly very very ill.
I see that, too. There are those who profit no matter which nation states (and supra-nation-states) are on top. I've lately been thinking about how much profit could be realized if a new cop needed to be trained and armed to police the world.
Parasites and hosts - deep, deep, deep structures.
Everyone keeps say this will kill the USD. No, it won't The rest of the world will continue on as they are. The only losers will be US and EU entities that get their property confiscated. Any one knows a thing about Russia knows it is not a transperant system. Those are the way things go. Tough luck!
Everyone keeps say this will kill the USD.
I've not said it, and I'm not saying it now.
I'm one of those morons with lots of questions, and very few answers.
George Orwell diagnosed the governmental structure accuarately in early 20th century.
1984 Explains all much better than Nostradamus could ever dream!
" To me, the world looks like its run by competing gangs"
Star Trek is way ahead of you.
A Piece of the Action.
https://www.youtube.com/watch?v=7pg87RxxhyA
China doesn't grow enough too feed Russia, and most of Russia's food is grown in and around the Ukraine. As long as the US has its foot on the throat of all the starving people nothing changes.
China and Russia care about feeding its people?
Did you ever heard about a continent called Africa?
Why do you think the Chinese have build up their portfolio overthere in the last decade? :o
Africa?
With the exception of Ethiopia and the rest of western Africa, little can be grown there now and in the near future.
Only 3% of Africa's current arable land is irrigated.
The Sahara grows bigger each year.
We are talking decades to turn Africa into the bread basket it could be. Thats decades that the dollar still controls everything.
Semi-OT..
Whose gonna man those farms? Native Africans aren't known for much more than reproduction and civil war.
You apparently don't know shit about Africa, or farming.
I'm rolling out almost 4000 acres of new farmland to support 2 factories over the next year in Africa, guess how much of it irrigated? Less than 200 acres (and that's only if we choose to implement non-essential capex items, because we blew through our numbers elsewhere).
The timeline between financial close and first harvest hitting the production line (as opposed to out-cropper sourced raw materials) is under 10 months.
This Russia is world leader in the export of wheat. Russia, but Ukraine. Also, two days ago, Russia has introduced the first economic sanctions against the United States.
This ban the import to Russia of pork from the U.S..
And right now, they are discussing a ban on the import to Russia, poultry meat from the United States.
Ultimately yes. Then the Reset.
Keep in mind that in order for the NWO to take 'Overt' control they need to take down the US first. So it's more than just the dollar. They'll need to suspend the constitution somehow also in order to nulify the US influence on the rest of the world (this is happening in slow motion now).
Mrs. C wants us to go to NYC over the 4th of July to take in some Broadway shows.
Not the time, or place I want to be.
Having trouble convincing her without the risk of commitment though.
Buy life insurance for her protection in case something happens, buy two tickets in advance for the occassion, then get sick and send her and her mother.
Nice.
Double indemnity for death by irradiation.
I say suck it up and go for it. She could have asked you to go to Kiev and take in the Opera, both of them: The one you pay to dress up and attend, and the other one, occurring in the streets....
I agree that the dollar is heading into the home stretch, but I don't understand the thinking that the NWO wants to "take it down". The Euro and dollar are under complete control of Western banks and the NWO is desparate to prop them up by any means necessary. Why would the powers that be purposely destroy the dollar when it is already the reserve currency and can be printed ad infinitum to fund the most menacing military in recorded history?
The NWO knows that the BRICS will have a much larger say in whatever succeeds the dollar as reserve currency, a basket of currencies or gold standard would seriously cripple their aspirations of world domination. I think posters at ZH give too much credit to their puppet masters, incompetence and hubris are mistaken as nefarious plans. As evidenced by the Ukraine mess, there are factions of the NWO and Deep State actively working against each other's interests rather than one grand coordinated effort.
"(i.e. Cyprus) as precedent." - Karma is a BITCH!
They will kill Putin like Kennedy?
US is starting to see what happens when being an indentured servant - no leg to stand on. Karma is a bitch considering that has been the US Governments M.O. for the past 100 years, putting everyone and everything in debt.
Bring on zee collapse of the US Dollar Reserve Currency System.
AH ha didnt think of that one hey!
Why doesnt russia fly on of those bombers over Paris again !
They could also ask China to dump a few bonds and return to the gold standard
In fact if Russia just said it wanted to return to the Gold standard the dollar would plummit !
Putin will launch an attack but not on the Ukraine - Bulgaria or Turkey - would be my move
China prints three times as much funny money as the West.
Russia prints as much as their currency will bear without interest rates increasing like a few days ago.
There is NO CONCEIVABLE WAY IN HELL either of those statists are going to go on the GOLD std
Think!
This racetothebottom will end will all fiats in the debt jubilee....
Let the games begin!
FORWARD SOVIET!
I would love it if they confiscated all of our shit! See how fun it is being a hypocritical bully when your assets are seized. And oh yeah, FUCK EXXON!
I'm not sure if everyone will have "deserved it," but it will be a strong lesson anyway.
99.999% of the brown people that this country killed and maimed in the past 13 years didn't deserve it either. I won't shed a tear when KFC needs to claim a few million in losses.
In steps the FRB.
Buys any treasuries the Russians have.
A US taxpayer bailout for those companies whose assets were confiscated.
Problem solved (in there minds)
Next!
And after the "Problem solved", Russia stops selling oil and gas for any fiat currency. All country begin to require from the United States to take their gold back. Dollar becomes equal to 2 cents.
Big Mac in New York you can buy for $ 1,000 or for one ruble.
Next!
Perhaps the UK will get several more of their US treasuries cancelled...
Belgium will pick them up. No worries, they are good for it.
I am sure someone will buy them eventually, like czarist bonds and suchlike.
I recently got like 20 trillion in zimbabwe notes off ebay for like $20. Can ebay serve as a treasury dealer?
But even the "conservative" newspaper in Pittsburgh had a headline this morning that read "Putin Sounds Conciliatory." Which took me by surprise for two reasons: One, because it isn't true, and two, because I'm shocked that someone at that newspaper could spell "conciliatory".
As Conan O'Brien has shown, this headline will reverberate throughout ALL of the media land.
Time to goose the market!!!
And they could just double the price of Natural gas that they export.
gotta a lot of uncertainty here.
wanna see it end?
S&P 500 to all time highs to distract the masses. Paging mr. Henry.
Putin, my shiny buddy. OMG, what a gift to us gold lovers.
>> Layers are studying the costitutionality of the 'confiscation'
So they've got chickens pondering this whole affair over there? No wonder everything is FUBAR. I hope to god they are free range.
this is rich indeed
their congress studies 'constitutionality', our congress, not so much
Come on let get it on already. Enough with the talk, just do it!
Nice move!
Let's get this party started. Go ahead Tweedle-John and Uncle Remus...
Bust a move!
Oh and Fuck the U.K., U.S. and Israel!
first smart thing i've heard them say. why don't they buy back some rubles while they're at it?
How do you not love Putin? The man is the biggest bad ass on the planet, and is systematically decimating the myth of western competence and moral superiority.
The only people he's making look like chumps are the incompetent people who are currently in control. You know...Obama.
"How do you not love Putin"?
The same way I don't have any love for Zero. They are both good for nothing statist power mongering thugs.
Smegley wants to be ass fisted by Putin
The U.S. thinks this is some kind of patty-cake diplomacy party.
For Russia this is kill or be killed; WWII was not that long ago.
Blame Canada, the USA might be after the Ukraine and the gas, but Canada has been screaming sanctions since the Olympics.
I think that now they are all urgently forget about any sanctions against Russia. Note that they even do not sent WH trolls to this discussion thread!
If shit hits the fan, then I'm hopping the border over to Canada with my chest of gold.
i have boat rentals
caveat: boats unsteady and tend to sink or tip over sending contents to safety of the deep
I live where there is no water, so I don't have to worry about unfortunate boating accidents. However, for the price of fuel, I can take somebody out so that they may have an unfortunate four wheeling accident.
I hope you're 4-wheeling using bull dozers.
Runaway camel accident?
Why is Putin shooting his own leg, now foreign European and U.S. investment in Russia will decline.
They no longer need "investment", they are now looking to invest. The only thing standing in their way is a dwindling military power who has alienated the majority of their allies, but still maintains control of key trade routes and energy contracts.
This just gets better and better.
Don't bother with stupid sanctions. Just admit Ukraine to NATO and begin piling hardware in there.
How is this news-worthy? Russia has been doing this for 10+ years! Just ask Michail Khodorkovskiy, Bill Bowder of Hermitage Capital - http://en.wikipedia.org/wiki/Bill_Browder or BP (TNK-BP)
And if you've not realized so far, the rubber-stamping by the hand-picked by Putin members of the russian parliament is not required. (was not required to invade Ukr, Afghanistan, Prague or Budapest)
If you invest in Russia you must realize that A) 100% of your assets may be confiscated with or without justification; B) you may be thrown in jail if you happen to be within reach of russian "law"; C) you may be assassinated if you're outside of the reach of russian "law" but within reach of the KGB agents.
If you invest or do business in Russia and lose everythig, I don't feel pity for you. If you dumb and greedy, you deserve to suffer the consequences
Over to you Barry.
No crying this time and offering Putin free blowjobs is not an option this time.
Someone said this was about Exxon, and Shell finding oil/gas reserves in western Ukraine. The idea was these companies needed different leadership in Ukraine to break Putin's monopoly. Similiar theme in Syria. EU wants better gas prices, and US want's Putin to have a smaller defense budget. Putin owns tons of Gazprom stock. He likes things the way they are and is apparently ready to go all in if necessary.
Turkey just announced it gave a permission for US navy ship to pass Bosphorus, BBC reports...
This ship - a target for shooting exercises in the Black Sea?
FU Goldman Sachs.
Did someone say BEER SUMMIT !?
Oh yeah.... Good times.... good times.
Dont mess with the US, we will send over the Hillary. We will arm with the Yellin, under the blessing over the Bernank
All your Ipads are belong to us now!
now borrow more to buy more
The coordinated policies of western CBs and the business models of cartel banks are already economic warfare. Three of the world's four largest economies have claimed the right confiscate the world's resources or income producing value via money printing and unlimited leverage.
For that matter the Spookocracy claims global sovereignty. Curiously the US global military is almost starting to seem quaint and innocent. Almost.
No Pepsi for you!
The wife had the network news on as she was dressing and all I could hear repeated over and over is how Putin 'blinked'.
Behold the power of Obama.
If this is Putin 'blinking' I'd really hate to see his 'sqint like Clint' hardass stare.
I still wonder how these morons can manage to read 'news' without bursting into gales of laughter.
Perhaps morons have no sense of irony?
All things will come to light eventually.
http://www.thewarningsecondcoming.com/second-seal-world-war-3/
Is anyone left here to understand that Putin has manouvered himself into a corner with *very* little options left? Is everyone here just eager for the big financial crash, hoping the world as we know it may end, the sooner, the better, ignoring the dire situation in which Russia has driven herself into? And if so, what do the revered readers and commentators here suppose would be the pleasant outcome of a downfall of the western system?
Notwithstanding all due and rightful critique upon the anglo-american bankster system i would advise everyone here to take a look at what living under Russian supremacy (or even "only" under Russian influence) looks like. Ask the people in the countries under former soviet rule. They'll surely tell you how pleasant that nice russian protection was and much their freedom was upheld.
Besides, Russia can scream and shout about that confiscating of assets as long as she likes, if they'd do that the country would collapse in mere weeks due to lack of bitterly needed western funds. Natural ressources are a nice thing if one has the complete and independent technical and financial means to get them out of the ground, refined and transported abroad without help from elsewhere. If Mr. Putin does wish to have some Ukarine-like Protests on the Red Square in Moscow he may please proceed with that idiotic idea of confiscating western assets. The Russians may love nationalist msucle-showing as it gives them the illusion of restored imperial grandeur, but i am quite sure they dislike like financial turmoil á la Jeltsin as much. The moment Mr. Putin starts seizing western assets he will have to deal with every pissed-off oligarch from Smolensk to Vladivostok bursting his golden Kremlin doors raging mad, kicking his pompous balls.
It should read: 'in which Russia has been driven into', imho.
"It should read: 'in which Russia has been driven into', imho."
And if so, then it was rightly done so by the west. Who wants to have Russia under Putin in a dominant position? Neither the Europeans nor the US and also the Chinese surely do not wish that. But i doubt this scenario - the russians are not *that* dumb.
Haha - the western banksters have been executing their plan to murder people in the hundreds of millions, billions even - and you think we would be worse off under Putin? Lolz
Wake up - you are dead, your family is dead and you have no life under the murderous banksters - are you really this ignorant?
then I should wait until after the asset grab (maximum pessimism) to buy the Templeton Russia Fund?
Joe Stalin engineered that whole debacle when Stallin ceded part of Russia to the Ukraine. Joe was after all not Russian but Georgean so that didn't matter to Stalin. The former Soviet union has to finish what was started in reforms that Communism wrought in the Soviet union and beyond under Mikhail Gorbachev. That now includes giving back the ceded Russian lands to Russia and compensating Ukrainians in the Russian lands to move to Ukraine proper if desired to do so and compensating Russians in Ukraine proper to move to the Russian lands currently in Ukraine. None of this compensating of course is an inflection upon Western nations to give aid that Western nations are currently being duped into giving.
"Joe Stalin engineered that whole debacle when Stallin ceded part of Russia to the Ukraine."
You obviously have no idea of history, do you? It was not Stalin, but Nikita Sergeyevich Khrushchev who transferred the Krim peninsula to the Ukrainian SSR, mostly out of regional administrative reasons inside the Soviet Union. When you look on a map you'll understand instantly what the reasons where in this regard. Then there is the nice story that he did it because he was Ukrainian, which is not true, as he was born and raised in Russia, alass, near the Ukrainian border, and he was of completely russian origin. Later on in life he worked in the Donbas region of Ukraine, though.
That doesn't detract from the fact that Russian land needs to be returned to Russia to eliminate that ongoing debacle that will keep rearing its ugly head regardless of how this current debacle turns out unless the land is returned. No, I'm no historian. I read forums commonly to get information and seldom verify as often as I should. And you're right it was Nikita Khrushchev who ceded Crimea to Ukraine.
By the way, jhm, Khrushchev is widely known to be have been Stalin's right hand man in the Ukraine where Stalin's starvation holocaust on a massive scale to eliminate small farmers and create large collective farms had taken place. A holocaust that dwarfed Nazi Hitler's undertaking in Germany and Poland. Khrushchev likely became known as Ukrainian for Khrushchev's time spent in Ukraine during World War II. Since Khrushchev ceded Crimea to Ukraine in 1954 shortly after Stalin's death while the ranks of the Communist Party were still packed with Stalin supporters I therefore standby my original assertion that Stalin engineered the ceding of Crimea to Ukraine. Not just the ceding but all present and future conflict over that ceding that extends to this day and will extend into the future if the former Russian lands of Ukraine are not returned to Russia. Western nations are throwing good money after bad in support of either Russia or Ukraine if negotiated settlement is not directed toward returning the former Russian lands to Russia.
The honey badger Putin don't need no fucking constitution.