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Sanctioned Russian Bank Shuts US Accounts To "Protect" Russian Clients

Tyler Durden's picture


The sanctioned Russian bank - Bank Rossiya - is "taking measures to protect its Russian clients" from potentially unfair actions by US banks by shutting correspondence accounts in the US. Furthermore, the bank, which is oh so grateful for the support of Vladimir Putin (who opened a personal account with the bank soon after the sanctions), added it will meet all obligations and will not need additional support as will concentrate only on its Russian clients and work only in Rubles.




In order to protect customers from fraud Bank foreign financial institutions AB "RUSSIA" decided to work exclusively on the domestic market and only one currency - the national currency of the Russian Federation - the ruble.

In this regard, a number of U.S. banks sent notification of the closure of correspondent accounts. In the near future similar notice will be sent to other foreign financial institutions. These changes in the Bank's work will not affect the implementation of the obligations of the Bank before its clients and partners.

All obligations of the Bank will perform on time and in full. Bank's activities are not in need of financial support, including from the state regulator.

AB "RUSSIA" will take part in the development and implementation of the national payment system and its activities will be focused exclusively by national rating agencies.

AB "RUSSIA" expresses sincere gratitude to the President of the Russian Federation and the Russian citizens for the Bank's credibility.


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Fri, 03/28/2014 - 10:21 | 4602354 Sudden Debt
Sudden Debt's picture


yet again...

Fri, 03/28/2014 - 10:23 | 4602358 AssFire
AssFire's picture

Banks are here to save people...

and I've been pissing in the toilet to raise sea level.

Fri, 03/28/2014 - 10:25 | 4602373 TeamDepends
TeamDepends's picture

Tit for tat.  Surely they can do better?

Fri, 03/28/2014 - 10:33 | 4602391 y3maxx
y3maxx's picture

Looks to me like Obamao is being set up to "take the fall" for NSA/Syria/Obamacare....Will leave the Banksters in the Clear....Biden will make an acceptable puppet...alternative is WW3

Fri, 03/28/2014 - 10:33 | 4602402 TeamDepends
TeamDepends's picture

Looks like they chose the right man (of course they did!), as Barry is no stranger to the bottom.

Fri, 03/28/2014 - 10:59 | 4602507 Pool Shark
Pool Shark's picture



"Simon Black,.. paging Mister Simon Black; you're 'diversified' foreign accounts have been frozen..."



Fri, 03/28/2014 - 11:08 | 4602543 ParkAveFlasher
ParkAveFlasher's picture

Good thing Simon bought all those watches, and alpacas.

Fri, 03/28/2014 - 11:09 | 4602549 myptofvu
myptofvu's picture

Bet he doesn't open foreign accounts using a US passport so he's prob safe.

Fri, 03/28/2014 - 11:20 | 4602590 Max Cynical
Max Cynical's picture

I enjoy reading Simon's posts, but as he advocates, I always wonder why he hasn't given up his U.S. citizenship.

Fri, 03/28/2014 - 13:58 | 4603135 cnmcdee
cnmcdee's picture

Not to thread-jack but this is *big shit*   A guy over at Project Avalon is covering a phone call by a former miltary intelligence officer who is reporting the real agenda in the Ukraine is to draw Russian forces into Ukraine and provoke them to a first tactical nuclear strike on Ukrainian soil.\

Once this is done then the NATO will counter-strike destroying the Black Sea Fleet, and the 76th Air Division.  Russia will be bogged down in the Ukraine.  America will take this opportunity to start bombing and taking out Syria, and following that Iran.

If you like eating food everyday, not living under an ash cloud, or having your hair fall out because your sick from the radiation poisioning of nuclear fallout then we should be united all over the world to oppse this plan.


We should be spreading word everywhere.



Sat, 03/29/2014 - 01:12 | 4604937 matrix2012
matrix2012's picture

@ cnmcdee

"... America will take this opportunity to start bombing and taking out Syria, and following that Iran...."


Good read. I won't discard such possibility at all knowing the proponents of the Grand Chessboard strategy are much in power now and actively pursuing its realizations... toppling one country after another


GLOBAL RESEARCH has some good reading on this topic"

Preparing the Chessboard for the “Clash of Civilizations”: Divide, Conquer and Rule the “New Middle East”


Indeed some psychopathic neocons do believe that a nuclear war is WINNABLE!


Prof. Michel Chossudovsky cuts through the chaos and deception to show the reader exactly how and why humanity is facing an existential threat. It is a wake-up call that the world is being pushed towards catastrophic conflict. SYRIA is one of the targets to take over (in near future), with the next one is IRAN!!!


Prof. Chossudovsky shows that, incredibly, the same deception that the Western governments and media perpetrated to facilitate the war on Iraq less than a decade ago is now being repeated with Iran. But the real threat to world peace and the future of humanity is not Iran and its non-existent nuclear weapons program – it is the US-led alliance of NATO powers and their Middle East partners, Israel, Turkey and the handful of Gulf Arab monarchs.


The real agenda behind the drive for war is imperialist control of natural resources in a region that possesses some 60 per cent of all known reserves of oil and gas – the lifeblood of the capitalist global economy. Cloaked with the fictitious cover of “war on terror”, “international security” and “humanitarian intervention”, realities are being turned upside down.


The agenda for global control of resources is a long-term dynamic that Washington and its NATO allies have had on the drawing board for decades. The nine-year war on Iraq is but one episode of this unfolding scheme of conquest. The NATO-orchestrated regime change in Libya is also part of this military roadmap, which now has Iran in its sights. BUT this war lust will NOT stop with IRAN. It is about global conquest by Western powers in which ultimately CHINA and RUSSIA are also marked out as future enemies.


Disturbingly, the US-led agenda of permanent war has incorporated the doctrine of pre-emptive strikes with ALL military options, including the deployment of tactical nuclear weapons and a new generation of so-called monster bombs. The imminent military showdown in the Persian Gulf could turn out to be not just a regional explosion of latent conflicts – it may be the trigger for a conflagration between global powers armed with nuclear arsenals capable of unleashing destruction that puts the very future of the planet in the balance.

The Western public has a vital task in preventing their governments’ drive for war. 
“Towards a World War III Scenario: The Dangers of Nuclear War“ by Prof. Michel Chossudovsky
Fri, 03/28/2014 - 17:07 | 4603759 Kirk2NCC1701
Kirk2NCC1701's picture

Indeed. Have posed this Q myself a few times.
Given the nature of his business, newsletters and ZH posts, you'd think that he would've given up his USC (US Citizenship). At one of his events he answered the Q with "To date the disadvantages have not outweighed the advantages in my case". Whatever his "case" is.

Even so, I am 100 certain that he simply uses his Chilean Residency card/ID and Chilean address to open/hold foreign bank accounts with impunity. Who wouldn't!?

Which is why having a foreign Residency allows any USC to do likewise. I cannot comment on my situation, you understand. Damn IRS trolls!

Fri, 03/28/2014 - 10:29 | 4602385 hungarianboy
hungarianboy's picture

The US probably knew all this with their NSA spying on their alliances.

Fri, 03/28/2014 - 10:32 | 4602396 Al Huxley
Al Huxley's picture

Most of the high-quality spying resources are focused inward, keeping tabs on dissent in the 'homeland' so its entirely possible that reading this article is the first time they've heard of this.

Fri, 03/28/2014 - 10:49 | 4602454 NotApplicable
NotApplicable's picture

Funny how that works.

Fri, 03/28/2014 - 10:49 | 4602458 Al Huxley
Al Huxley's picture

Oh oh, junked by the NSA guy... fuck, who's that pounding on the door, and why do I hear helicopters and dogs barking?

Fri, 03/28/2014 - 10:57 | 4602493 astoriajoe
astoriajoe's picture

whatever you do, don't have anything in your hands when you open the door.

Fri, 03/28/2014 - 11:04 | 4602531 Jack Burton
Jack Burton's picture

Force protection.

Fri, 03/28/2014 - 13:35 | 4603034 silvermail
silvermail's picture

This precedent of denying the use of the dollar in the scale of one bank. This is the first swallow.
Do you think if all Russian banks will do the same?
Farewell to the dollar is approaching faster than many of us might think.

Fri, 03/28/2014 - 11:11 | 4602559 NotApplicable
NotApplicable's picture

And put a shirt on! Otherwise, they might freak out at your "weapons of tats destruction."

Fri, 03/28/2014 - 17:11 | 4603769 Kirk2NCC1701
Kirk2NCC1701's picture

Not even your Johnson.

Fri, 03/28/2014 - 11:48 | 4602673 kchrisc
kchrisc's picture

Funny thing is, we're watching them as well. Making lists.

The Internet remembers. We will remember.


"A guillotine is a way to belatedly remind them of their treason."

Fri, 03/28/2014 - 12:00 | 4602710 ilion
ilion's picture

I've stopped drinking coffee to support my short position. It worked last week, you know.

Fri, 03/28/2014 - 10:24 | 4602365 Crash Overide
Crash Overide's picture

This is all a big TV show to distract us from the false flag alien attack right?


Happy Friday...

Fri, 03/28/2014 - 10:29 | 4602389 Headbanger
Headbanger's picture

Waddya mean false??

They landed a long time ago, took control of the banks, the Fed, the Gubmint so they could fuck everything up to start WW III so we wipe ourselves out and they get the planet!

Sneaky bastards!

Fri, 03/28/2014 - 10:39 | 4602418 tony wilson
tony wilson's picture

uses is talkin rubbish dere fella the aliens are still watchin us.

Fri, 03/28/2014 - 10:39 | 4602421 Colonel Klink
Colonel Klink's picture

And by aliens you mean zionists?  And by a long time ago, you mean just prior to WWII?


Fri, 03/28/2014 - 17:13 | 4603773 Kirk2NCC1701
Kirk2NCC1701's picture

I think he's referring to Clingons.

Fri, 03/28/2014 - 10:59 | 4602503 astoriajoe
astoriajoe's picture

In all seriousness, given the state of the world and government, that is completely on my list of possibilities within the next 5 years.

Fri, 03/28/2014 - 11:23 | 4602597 Dubaibanker
Dubaibanker's picture

Not only have 10 countries voted against US and in favour of Russia at the UN today.

But in a sign of things to come, the first Eurozone country, out of 18, being Cyprus, has finally mustered enough courage to pass a resolution in their Parliament to say 'up yours' to UN. At least, Cyprus MP's have the common sense not to further destroy their economy which runs on Russian bank accounts, Russian tourism and Russian cash.

Sat, 03/29/2014 - 01:52 | 4604912 matrix2012
matrix2012's picture

themoscowtimes will spew anything to trash Vlad even at the cost of the entire nation,

never read anything good out of that, guess it's controlled by the opposing interests

Fri, 03/28/2014 - 10:23 | 4602359 centerline
centerline's picture


How intertwined are the Russian banks in the global shadow banking system?  If they are part of the near infinite chain of counterparty exposure, what does this mean as far as pressure on western banks?

Fri, 03/28/2014 - 10:25 | 4602370 Crash Overide
Crash Overide's picture

Don't we usually liberate the countries that aren't a part of the global shadow banking system?


Fri, 03/28/2014 - 10:33 | 4602399 Al Huxley
Al Huxley's picture

Only if they're holding gold or oil captive within their borders.

Fri, 03/28/2014 - 10:28 | 4602380 fonzannoon
fonzannoon's picture

Centerline...I believe the western central banks could easily overcome any russian bank exposure. I base that on no actual evidence btw. However what would be really interesting to me is if the U.S starts sanctioning bank accounts here for these wealthy Russians walking around NYC with C notes falling out of their asses. That would make it interesting.

Fri, 03/28/2014 - 11:04 | 4602530 centerline
centerline's picture

Got a feeling you are right.  I would think that if Russia had any significant influence in this arena they would have already applied pressure.  Was just curious since WWIII has really already been raging for years in the economic realm (pen is mightier than sword sort of stuff).

Fri, 03/28/2014 - 10:23 | 4602361 Truther
Truther's picture

For the TBTF..... Check Mate

Fri, 03/28/2014 - 10:29 | 4602387 HoofHearted
HoofHearted's picture

Not quite yet...I think it occurs when others fall in line behind Putin Russia and do the same to US banks. Just wait 'til Euroarea banks get sick of the USD. Then it really is all over. As fo rnow, it is check and the King and two pawns the US has left isn't looking so good against the queen, two rooks, and knight that the rest of the world holds...

Fri, 03/28/2014 - 10:35 | 4602410 SteveNYC
SteveNYC's picture

More smart moves by the US: continue to push foreign institutions and individuals away from the $ dollar. You can't make this shit up.

Fri, 03/28/2014 - 11:07 | 4602539 10mm
10mm's picture

And why not. After all that's the goal. 

Fri, 03/28/2014 - 12:46 | 4602854 swmnguy
swmnguy's picture

I don't really think that is the goal.  I think the USD and the finance system that goes with it have finally hit their logical boundaries.  Since the whole system of corporate finance capitalism that we use is based on infinite resources, energy, markets and money, any limits are fatal.  We can make money infinite, but only by making it abstract, and that has its own massive problems in light of the limits on the other three legs of the table. 

I think they're just buying time to get control of as many tangible assets and resources as possible before the whole system implodes under its own internal contradictions.  They know the outcome, and that it's inevitable.  They're not looking at "fixing" it, since it can't be fixed, and any actual long-term fix would cause a lot of consternation to those at the top.  They've spent good money buying up the government, and they aren't going to let it go to waste by allowing the system to reset and perhaps develop into something sustainable.  So they're going to double down on the current collapsing system for as long as they possibly can, while scooping up everything they can that they can use to guarantee their elite status in whatever system comes after this one finally, and inevitably, goes tits-up.  We're now getting to the point in the collapse process where increasingly, only brute force works.

Fri, 03/28/2014 - 10:49 | 4602456 KickIce
KickIce's picture

Putin's doing the rope-a-dope getting in a few jabs and body shots.  China will deliver the knockout punch with treasury sales and gold standard.  (China has deliberately stopped the money printing circus so I believe they have a plan,)

Fri, 03/28/2014 - 10:23 | 4602362 rodocostarica
rodocostarica's picture

Glad to see foreign bank stick to em. With FACTA implementing I hope more foreign banks just say screw off USA we dont need you.


Fri, 03/28/2014 - 17:30 | 4603827 Kirk2NCC1701
Kirk2NCC1701's picture

Icelanders said FU to the Fed etc, by introducing their own, national crypto-currency, the AURORACOIN.

Half the coins are pre-mined and distributed evenly among the Icelandic population (350k ?).

Like I've said many times before: it is the COMBINATION of using Gold+CryptoCurrency that creates a Parallel system to the fiat system, and that can (will?) eventually crash the latter.

Therefore, all personal preferences and biases aside, when it comes to Crypto vs. Fiat, "The Enemy of my Enemy is my Friend". And only complete retards, assholes and trolls would argue otherwise.

Fri, 03/28/2014 - 10:24 | 4602366 Boris Alatovkrap
Boris Alatovkrap's picture

Russia bank is free from squid tentacle of USSA Fictional Reserve Banking system. This is must piss off member of Amerikan political and bankster class. (Oh, and is also piss off Rothschilds.)

Fri, 03/28/2014 - 10:26 | 4602375 Crash Overide
Crash Overide's picture

Hey Borris, who does Putin get his orders from? Is it an old money family?

Fri, 03/28/2014 - 10:28 | 4602382 Boris Alatovkrap
Boris Alatovkrap's picture

In America, you are receiving order, in Russia, Putin is give order!

Fri, 03/28/2014 - 17:33 | 4603835 Kirk2NCC1701
Kirk2NCC1701's picture

In Quebec, Poutine is order for Le Dinner.

Sat, 03/29/2014 - 02:48 | 4605002 Boris Alatovkrap
Boris Alatovkrap's picture

You are like goat cheese, you can keep goat cheese!

Fri, 03/28/2014 - 10:27 | 4602376 jcaz
jcaz's picture

"Yay, we're free!   Oops-  what do you mean we have to figure out how to make money on our own now?  What do you think we are- a bank??"

Fri, 03/28/2014 - 10:27 | 4602377 Truther
Truther's picture

Boris, let the Amerikano class FUKE themselves.

Fri, 03/28/2014 - 10:28 | 4602381 Dr. Richard Head
Dr. Richard Head's picture

While that is true, I still assume the Rusky banks follow the same model of creating debt out of thin air and no collateral or funds.

Fri, 03/28/2014 - 10:30 | 4602390 Boris Alatovkrap
Boris Alatovkrap's picture

Russia bank is make money out of gas and oil natural resource. What is AmeriKan dollar make of? This is advantage of not find favor of Rothschild family.

Fri, 03/28/2014 - 10:30 | 4602392 Dr. Richard Head
Dr. Richard Head's picture

Carbohydrates, iPads, and reality TV shows?

Fri, 03/28/2014 - 10:31 | 4602394 fonzannoon
fonzannoon's picture


Fri, 03/28/2014 - 10:33 | 4602400 BadDog
BadDog's picture

We have 33 tons of Ukranian gold to back the dollar with

Fri, 03/28/2014 - 10:34 | 4602406 CheapBastard
CheapBastard's picture

Dollar backed by Duck Dynasty T-Shirts, Jason Beeber CDs and 'Flip That House' commercials and the most precious Merikan consumer.

Fri, 03/28/2014 - 10:53 | 4602473 vic and blood
vic and blood's picture


You are a national treasure(s), sir.

To think that I had once considered myself negatively predisposed towards dual citizen types!

Fri, 03/28/2014 - 10:55 | 4602484 Unknown User
Unknown User's picture

Money in itself has no value, i.e., it is not a commodity.  Money is a means of exchange with value assigned by government decree and government’s enforcement of that decree.  There is this lunacy-disease going around causing delirium that a limited supply of bricks of shiny stuff is a good means of exchange that never worked in history of mankind.

Fri, 03/28/2014 - 13:21 | 4602969 LibertarianMenace
LibertarianMenace's picture

Fiat metallic actually worked much better than fiat paper is now, but ultimately it's the fiat, the government decree, that's the problem. Now if one picks a specie backing (bricks of shiny stuff, perhaps) and then circulates notes in lieu of that specie, against its peers and betters, the underlying backing becomes redundant. Time tested and proven to work. Competitive Note Issue/Free Banking is a far better way to organize and run a money system than the two tired and tattered (guv gold/guv paper) alternatives previously used.

Fri, 03/28/2014 - 14:32 | 4603267 Unknown User
Unknown User's picture

It all depends on who issues money.  If the government does it then We the People get the benefits (e.g., interest), but if the banksters issue money then they get the benefits.


The government should create, issue, and circulate all the currency and credit needed to satisfy the spending power of the government and the buying power of consumers. The privilege of creating and issuing money is not only the supreme prerogative of government, but it is the government’s greatest creative opportunity. The financing of all public enterprise, and the conduct of the treasury will become matters of practical administration. Money will cease to be master and will then become servant of humanity. - Abraham Lincoln

Fri, 03/28/2014 - 15:01 | 4603354 Boris Alatovkrap
Boris Alatovkrap's picture

No wonder is Rothschild agent, Boothe, is put bullet in back of Mr. Lincoln head!

Fri, 03/28/2014 - 20:39 | 4604392 LibertarianMenace
LibertarianMenace's picture

Ironic to quote Lincoln. He championed legal tender laws and unbacked paper to finance his war. He set the stage for the eventual return of a central bank. Bravo. In large part, the Fed owes its existence to the expedients taken by Lincoln.

Fri, 03/28/2014 - 10:57 | 4602500 KickIce
KickIce's picture

Our fearless puppets, er leaders of Obama, McCain and Kerry just revised GDP to include exports of Fraud, Corruption and Inflation.  Take that you Ruskie.  And in true Hollywood support we get movie marathon of Rocky IV, Red Dawn and Hunt for Red October.  #Winning.

Fri, 03/28/2014 - 10:57 | 4602492 IridiumRebel
IridiumRebel's picture

Boris, you cannot deprive us your commentary on this stuff.

Fri, 03/28/2014 - 11:17 | 4602580 Carl Popper
Carl Popper's picture

He is one of many MDB avatars. 


And one of his best. 


I am pretty sure he was the original Texas Gunslinger too.

Fri, 03/28/2014 - 15:02 | 4603359 Boris Alatovkrap
Boris Alatovkrap's picture

Who is MDB and why is Texan linger guns?

Fri, 03/28/2014 - 10:25 | 4602371 LawsofPhysics
LawsofPhysics's picture

let me be clear; trade trumps fiat, period.

"When goods and services stop crossing borders, troops will" 

Frederic Bastiat


Fri, 03/28/2014 - 15:21 | 4603428 Boris Alatovkrap
Boris Alatovkrap's picture

"Best defense is good offense"

Mel, cook on Alice

Fri, 03/28/2014 - 10:29 | 4602386 Gmpx
Gmpx's picture

This bank will be accepting payments for Russian oil and gas in rubles?

Fri, 03/28/2014 - 10:39 | 4602420 LawsofPhysics
LawsofPhysics's picture

Where the fuck have you been? They have been for quite some time, they have also been accepting the Yuan/Rhenmimbi...

Fri, 03/28/2014 - 10:29 | 4602388 youngman
youngman's picture

I think the banking system in Russia and elsewhere is very important to the rich Russians..that is how they hide their wealth and move it around the world to a safe haven....they are crooks and they depend on the banks to launder their and hide their farms..whatever

Fri, 03/28/2014 - 10:31 | 4602393 giggs
giggs's picture

Vladamir simply needs to begin selling oil in rubles and then exchage its US Dollar reserves for gold for immediate delivery.  There will be no war with Russia.  The US never picks a fight it has a chance of losing.

Fri, 03/28/2014 - 10:51 | 4602468 Bangin7GramRocks
Bangin7GramRocks's picture

We kinda lost the last 3. Absolutely lost Vietnam. Technically won the first gulf war. But what was gained. Saddam retreated and continued his reign of terror. The Kuwaiti dictator was reinstalled to continue oppressing his people. The second Iraq war can't be considered a US victory. And the war in Afghanistan is only a victory is you enjoy heroin. It's never been cheaper and more plentiful thanks to Uncle Sam.

Fri, 03/28/2014 - 11:31 | 4602617 RafterManFMJ
RafterManFMJ's picture

All these wars were victories; they enriched the weapons contractors and provided more fiat and power to the deep state.

You have a misconception of what defines victory.

Fri, 03/28/2014 - 10:33 | 4602401 dogismycopilot
dogismycopilot's picture

Really, the Russians are being too fucking nice. You know, if I were running the Kremlin, here's what i would do:

1. Immediately double the Soyuz rocket taxi rate and make it payable in RUB

2. Close all NGOs that have any links to America and force those that stay to bank with Bank Russiya

3. Insist on payment for gaz in RUB.

Fri, 03/28/2014 - 10:45 | 4602433 Winston Churchill
Winston Churchill's picture

Steady as she goes there cowboy.

Putin has to bring along a lot of disparite countries along with Russia in dethroning

the USD.Thats why its taking so long.We have reached the tipping point now,its all

downhill from here.

Fri, 03/28/2014 - 10:48 | 4602451 Crash Overide
Crash Overide's picture

The Obama administration really has cleared the way for the BRICS now haven't they... lol

Fri, 03/28/2014 - 10:35 | 4602408 buzzsaw99
buzzsaw99's picture

vlad, demand rubles for natural gas and oil shipments and watch them howl

Fri, 03/28/2014 - 13:27 | 4602993 ptolemy_newit
ptolemy_newit's picture

no! reserve status is expensive



Fri, 03/28/2014 - 10:38 | 4602417 GumbyMe
GumbyMe's picture

In the West, we see Obama and his bitches using Twatter to spew their propaganda, while in the East, Russians are executing their well thought-out script one step at a time, just like a preflight checklist.

Fri, 03/28/2014 - 10:57 | 4602496 Smiley
Smiley's picture

Putin DEFINITELY has a long term agenda and is methodically checking boxes on his list. 

Obama is a bumbling reactionary goof.  Watching Obama in this situation reminds me of watching Tommy Boy.

Fri, 03/28/2014 - 10:40 | 4602424 JR
JR's picture

When the banker empire needs to crush a sovereign country,  Spain for example, it just turns the screws on the locals; but with a superpower, such as Russia, it doesn’t work so easily.

This is not a US/Russia dispute; this is a banker vs. Russia dispute. In the U.S., it is a banker vs. the American people dispute.

Fri, 03/28/2014 - 10:44 | 4602430 buzzsaw99
buzzsaw99's picture

the maggots really think they're something but when you look at them they are sub standard in every way.

Fri, 03/28/2014 - 11:21 | 4602551 JR
JR's picture

Yes. And in that it is the international-banker-controlled media that owns 96% of the World’s Media and frames all the debates, i.e., the Pied Piper leading America and the world into international conflagation, it is wise for Americans to know their enemy if they wish to survive as a free people, and it isn’t Putin.

“To know your Enemy, you must become your Enemy.”
? Sun Tzu

 Economist Paul Craig Roberts explains:

“The American media is a useless news source. It serves as a Ministry for Government Lies. The corrupt propagandists are portraying the undemocratic removal of Yanukovich as a victory for freedom and democracy. When it begins to leak out that everything has gone wrong, the presstitutes will blame it all on Russia and Putin. The Western media is a plague upon humanity.

“Americans have no idea that the neoconservative regime of the White House Fool is leading them into a Great Power Confrontation that could end in destruction of life on earth.

“Ironic, isn’t it. America’s ‘first black president,’ the person liberals thought would restore justice, morality, and reason to Western civilization, is instead now positioned as the person who will have to accept humiliating defeat or risk the destruction of life on earth.”


Fri, 03/28/2014 - 10:51 | 4602467 q99x2
q99x2's picture

Can we get a banker to jump over this. It is about time again for one to drop dead.

Fri, 03/28/2014 - 11:03 | 4602523 youngman
youngman's picture

Russia is a lot more nationalistic than the USA.....they love Putin shoving his hand up Obamas butt.....they love the show of strenth..not does the rest of the world....they love strengh..not weakness...

Fri, 03/28/2014 - 11:10 | 4602554 Jack Burton
Jack Burton's picture

The Right Sector is back today and has surrounded the Kiev Parliament again, demanding security official pay for killing a right sector leader two days ago. No, not on CNN, but pictures and video are on RT. How's that death squad thing working out for you Kiev? Start shooting the soilders of the revolution and it's blow back time. America's death squads have many more to kill in Ukraine to cleanse the revolution and make it IMF Banker friendly. Also not on CNN, the Kiev Rada refused to pass the IMF bailout plan with it's savage cuts to all aspects of Ukrainian's financial lives, in return for fiat loans from western bankers. This story isn't a done deal for NATO, that is why Putin is doing little but letting events unfold. The US State Department are amature wankers who know how to fund nazis but have no idea what to do when the nazis win.

Fri, 03/28/2014 - 11:31 | 4602618 Son of Captain Nemo
Son of Captain Nemo's picture

And you watch Jack.

The Zionist Yids will turn around here very shortly using this guy to "spin" that the Right Sector putsch wasn't their idea but somebody elses, using a back door for the U.K. and Israel to make a deal with the Russians. 

Who are they going to blame for creating Svoboda?  The U.S. and Germany?????  Don't laugh! This is how absolutely desperate they are and why the Ukraine situation falling apart so rapidly because there is and never was loyalty among thieves.

But the best part of all is when Russia will give them a "middle digit" which means back to the drawing board!!!

Fri, 03/28/2014 - 19:14 | 4604217 Jack Burton
Jack Burton's picture

USA admits a 5 billion dollar investment in fascist and right sector elements. A Euro Miadan armed protestor was paid 40 Euro a day, that is as much as any pensioner in Ukraine makes in half a month! We hired an army and now what to do with it when we want IMF wankers to move in and run the show? Simple, send in the death squads.

Fri, 03/28/2014 - 11:14 | 4602570 Son of Captain Nemo
Son of Captain Nemo's picture

Well folks...

Through our own incompetence and inaction paying the guys in Washington "to do more of the same" these last 6 years...

This is what you deserve!

Fri, 03/28/2014 - 11:25 | 4602607 tsuki
tsuki's picture

6 years?  Reads more like 26 years to me. 

Fri, 03/28/2014 - 11:35 | 4602630 Son of Captain Nemo
Son of Captain Nemo's picture

tsuki +100

I guess when you've been embarrassed and humilated by your own government as many times as we have in the past and had countless opportunities to fix it but didn't you don't keep track anymore and don't deserve any pardons.

Just about the worst statement you can make about yourself being an American I guess.

Fri, 03/28/2014 - 11:32 | 4602609 walküre
walküre's picture

Russians in America can no longer transfer their funds from Rossyia accounts into the US. That's a pain in the butt for the ex pats with Russian accounts. They may have to use the Dubai angle like the Persians and wait 6 months to clear funds.

Forget the bullshit about Rossyia only dealing in rubles and "protecting" customers. Rossyia is preempting an electronic bank run from ex pats with US accounts or any bank account using the US intermediary banks.

Yeah, Putin rocks. Bullshit. If you have rubles, you can keep your rubles. PFFT

@ZH Putinistas

step 1: go open accounts for yourselves at Rossyia

step 2: put up the picture of barechest Putin above your beds (you know you want to)

step 3: learn Russian

step 4: move to Russia and fuck off

SERG DUCK ! ........... INCOMING !!!!!!!!!!!!!!!!!!!!!!!

Fri, 03/28/2014 - 12:02 | 4602721 stacked
stacked's picture

you mad bro?

Fri, 03/28/2014 - 12:35 | 4602826 walküre
walküre's picture

Balance, bro balance. There's no balance in reporting "news" from Russia.

The enemy of my enemy does not necessarily make that enemy my friend.

Fri, 03/28/2014 - 13:30 | 4603013 Zerozen
Zerozen's picture

There is no balance whatsoever in Western news either, or in Western politicians for that matter, but when I put together all the unbalanced views hopefully it helps me filter out the BS and I can get to the facts.

Fri, 03/28/2014 - 15:03 | 4603365 walküre
walküre's picture

Consider also cultural tradition and historical facts.

Fri, 03/28/2014 - 12:21 | 4602789 Whatchamacallit
Whatchamacallit's picture

Maybe us Putinistas are watching how things unfold, popcorn in hand, and so far we see someone making all the right moves, versus a deluded, disheveled team of frienzied vultures. 

What happens next? Stay tuned!

Fri, 03/28/2014 - 12:40 | 4602842 walküre
walküre's picture

Don't kid yourself. Putin's strategy rides on prayers and fumes. The Russian banks not clearing funds through US intermediary banks is bad news for Russia and bad for Russians. They need foreign currency. Not long before the black market in Moscow reopens. Been there done that. Putin is making all the same mistakes the Soviets made including his attempt to forge an allegiance with a corrupt China standing at the cliff of a massive credit implosion.

The US will come out looking better again. I can't believe it myself how they did it but hey, mission accomplished. King Dollar and its cousin Euro restored. Give it a couple years to see the fallout from Putin's strategy and what that actually means for the people in Russia.

Fri, 03/28/2014 - 12:47 | 4602859 stacked
stacked's picture

Hit your head bro? These are some extraordinary delusions.

Fri, 03/28/2014 - 15:05 | 4603367 walküre
walküre's picture

Sure. Have you opened your account at Rossiya yet? Heard a rumor they give away free hand towels.

Fri, 03/28/2014 - 13:27 | 4602994 Zerozen
Zerozen's picture

Weren't you on some other thread earlier this week trying to tell everyone that EU/US were forced to pre-emptively initiate the coup in Kiev so as to prevent that evil Putin from doing something dastardly in Ukraine (you didn't specify what, exactly)?

What are you smoking? Where can I get some?

Fri, 03/28/2014 - 14:58 | 4603346 walküre
walküre's picture

Never said that the EU/US iniated the coup. How does that work? The people of Ukraine decided it was time. The EU/US supported the movement, that's different.

Time will tell how far Putin decides to move West. Right now he's happy with his accomplishments in Crimea. He's working on Eastern Ukraine.

Fri, 03/28/2014 - 14:25 | 4603236 silvermail
silvermail's picture
Britain and China agreed to establish a center in the City of London to work with the yuan

Germany and China have agreed to establish a clearing center for work with Yuan


Fri, 03/28/2014 - 14:59 | 4603348 walküre
walküre's picture

Why don't they chose Shanghai, Hongkong or Moscow for the clearing center. No response required.

Let's talk silver. Are you buying or waiting for lower prices?

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