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Treasury Secretary Lew Warns Russia: "Take A Step Back... Or Pay The Price"
The verbal combat continues as the US resorts to using Jack Lew in its latest barrage of panic-inducing threats:
- *LEW SAYS RUSSIA NEEDS TO 'TAKE A STEP BACK'
- *LEW: U.S., ALLIES WORKING TO ENSURE RUSSIANS 'PAY THE PRICE'
- *LEW SAYS U.S. PREPARED TO ACT IF RUSSIA DOESN'T STEP BACK
- *LEW DECLINES TO COMMENT ON CONTENT OF POSSIBLE SANCTIONS
As a gentle reminder, while the Ruble has weakened since the sanctions (oh and Russia's credit rating has been downgraded), it is US equities that suffered the largest "costs"...
Of course, we should not forget what happened last time things got close to the edge...
Here’s a startling fact most investors have never heard: During the last financial meltdown in 2008, when the U.S. economy was on the brink, Russian leaders met with China to persuade them to dump the dollar – and destroy the world’s reserve currency.
Before they could act, the Fed pumped over $700 billion into the economy and delayed their day of reckoning. Still, the threat remains. China holds over $1.2 trillion in U.S. debt today. And with their Russian allies, they could drop the dollar at any moment. This excerpt from our eye-opening documentary called “Meltdown America” explains the severity of this imminent threat:
For the full story and to learn more about what could be “the early stages of the end of the West,” click here to watch the full version of this documentary.
You’ll hear the harrowing and true stories of three people who survived economic and political collapse in Zimbabwe, Yugoslavia, and Argentina… and discover how their powerful stories of hardship foreshadow what's happening in the U.S.
Click here to watch this full-length documentary right now – it’s FREE!
»
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USSA desperately wants Russia to make the first Military move.
U.S. tells Russia to "Skip to my Lew". But will they?
"Skip to My (The) Lou was a popular partner-stealing dance from America's frontier period."
We use Lews all the time in the UK.
This one needs flushing.
Ha, too funny.
Unfortunately, I think Jack Lew is a floater.
Well over here we don''t have lews, but we do have Johns to flush our Lew dookies down! And everyone knows Jack can be used as a nickname for John, but what one might not know is during midevil times where this particular nickname derived from was the slight alterationof the original Germanic tounge
Loo vs Lew.
Oh nevermind.
Uh-oh, jack Lew's gettin in the act, putins gonna get jacked by another jew though i hope not
If I were Mother Russia, I would keep sending in anti-aircraft munitions and more RPGs.
I figure if Ukraine looses a couple more helicopters then they will have to start shooting.
Wingers think that Reagan brought down the Soviet Union. This is bullshit. It was the Afghans and Al Qaeda.
Ukranians probably don't have what it takes to bring down Putin. But the Tatars, maybe.
The Bankers plus the Tatars, certainly.
Nah, wasn't that at all.
USSR simply didn't realise you cannot go toe-to-toe with even a semi-solvent reserve currency nation.
I say semi-solvent - even back then "deficits didn't matter" so the US could print away. Now things have changed and in a big way. There is a real threat from BRICS dumping Treasuries - don't believe me, just wait and watch.
Quite cute of Russia, really - step back for a couple of decades and then return to the fray when the enemy is weaker.
Russian leaders must have been reading Sun Tsu - "Never interfere with the enemy while he is busy weakening himself".
So what if the BRICS dump treasuries. The Fed and other CBs will just buy them. Just like China dumped treasuries, and Belgium bought them. The bankers have the bond market just about cornered with QE printing and that's why they think their Ponzi is perpetual. All soverign govts are complicit in the scheme because they use the CBs to monetize their debt, and all the govt spending is used to bribe the masses, while as the same time expand the security state so the masses can't revolt. Got to admire the brillance of the bankers at executing this horrific plan so well. The only thing that will upset this scheme is if world trade comes unglued. Only war will cause that. World trade collapse means masses starving in the street and that is the mothers milk of revolution. Revolution is the great unknown and not something TPTB want. I think the bankers have pushed the world too far with their debt ponzi. Russia isn't playing the game, and China is learning what debt problems are as their economy tightens. Resources wars are going to get real, and that could easily lead to shooting wars. Plan accordingly.
You miss the point.
UST's are simply dollars, when they are bought back by the CBs what happens to those dollars,plus the other $16tn lurking out there.
They will come rushing back to the US.Use your imagination as to what happens next. It begins with hyper.
Treasury Secretary dictating foreign policy now? It seems the banksters are finally out in the open.
eh? dog, 'ave you not noticed that all the 'smart sanctions' dropped on Iran were concocted, planned and executed by the US Treasury (and all the people who did it were from a certain ethnic background btw)? This is the financial big-stick waving bit, but we are yet to see if it actually carries any fear or weight any more.
I'm guessing not so much.
Lew is such a tool.
And I though that it would be hard for them to come up with a bigger fool than Turbo Timmy ! Silly me...
I'm pining for the good old days of Robbie Rubin & Co...
How many times do you think we can poke the grizzly bear before it takes a swipe at us?
How the f... can ZH even suggest that the Chinese will dump their holdings of treasuries, shooting themselves, to come to the aid of Russia? This is insulting to our intelligence. The Chinese will never aid the expansionist Russian cause in Eastern Europe, so that the Russians can next plan how to get back Mongolia and influence on Manchuria...What the f... do you guys think Mao had in mind when he acquiesced to initiate talks with Kissinger???
Re: This is insulting to our intelligence.
Uhh... Allot of ZH is (shall we say) anti-hopium (at best).
"Allot," ehh?
1.5 billion Chinese locked into a highly polluted country--meanwhile Siberia sits close by, practically vacant? As global warming makes the climate in Siberia so much more pleasant?
Things that make you go Hmmm....
Really, redneck, maybe you should of gone to Siberia this past winter. Yakutsk in center of Siberia was a consistent -40C at night for an entire two months. Summers are extreme. Tons of flies and temps can get over 100F with humidity. I think the Chinese will prefer Burma and the high plateau with cooler summer temps and balmy winters or the USA where they are buying houses in very nice climates like Cali.
Maybe next time before you speak you should read at least the entire wiki page and then do some more searches to round yourself out.
Perhaps you missed the fact that neither Russia nor Putin instigated the current situation... If you think Russia is an expansionist, the perhaps you should stop reading western press and pay closer attention here on ZH...
Sure seems the instigators all have their parts to play in this danse macabre! Even good ole tribal Lackey;^)
Orchestrated like a Hollyweird production...
Indeed Keyser! Well it certainly is a relief to know that with all those Russians who run Hollywood, that they would never script a bad ending! Phew!
Oh wait!
I thought the Arabs own and run Hollywood? Alex Jones says they do and that's good enough for me.
the biggest scaririest is that when THEY can't turn the US populce on the Rooskies-THEY will turn against the populace-that's what's going down on the Bundy Ranch
Oh no!
Jack Lew may end collective bargaining for the Russians, just like he did at New York University agains the grad students there (probably why NYU paid off Lew's mortgage loans, as he certainly couldn't afford to?).
Oh no!
Jack Lew may not allow the Russkies to collect taxpayer funded bonuses (as he did at Citi from TARP bailout funds)!
Oh no!
0bama, having run out of red paint for lines, now has Lew with an open can and a paintbrush.
They've had to add so much paint thinner, that the line now looks pink.
SEND ALL MEMBERS OF LEW'S FAMILY TO UKRAINE TO BACK UP THE BULLSHIT.
That's the point. We're not sending anyone. Why do you think the administration unleashed the Treasury Secretary? This is the meter maid giving a ticket warning in attempt to stop a felony.
How often has Lew lost? Maybe you should talk to the House Republicans about their glorious government shutdown>
Or I'll huff and puff you.....
USA playing the Lew Harp.
World Lew Domination LOL
Sorta like Lew world order! Or feel free to insert any number of consonants in exchange for the first L
;^)
The plan is to blame Russia for the financial collapse that is already planned and underway. They're in hurry up mode now because timing this just right is going to be tricky.
the usa and nato want this over quickly because sanctions will hurt them more than russia
Yep, anybody but them.
Desperately seeking stooges.
Not really seeing the US' leverage here. It is not like we make anything here anymore. We aren't a big exporter of anything other than food and debt.
How exactly are we going to make them pay? By taking another $5 billion and upending another government?
The vibe I get is that most people around the world have seen through that "shining city on the hill" crap.
Our "friends" list gets smaller by the day. And many of them are dependent on Russia or China.
We have become that barking dog that eveyone ignores because we have barked to loud and too long at anything and everything.
And it is not like president mom jeans is going to instill fear or respect into anyone.
pods
The US is obviously desperate and trying to act while it is still somewhat relevant. The US Empire siege machine will soon be called into action because it's the only tool left in the toolbox.
It's a long fall from the top, too bad that the US threw itself off the cliff.
With nukes ,in the background, is Uncle Scam going to grab everyone else before jumping ?
As usual, the US hasn't thought more than five minutes into the future. NATO will end up fracturing very soon, the countries of Europe won't let the US push them into another devastating war.
Printed dollars are the only thing keeping the US military operational, at some point soon the US will be forced to use it or lose it. I'm afraid of what the answer might be.
Me also.There is a terrible immaturity amongst the US population. manifested by our narcissist in chief.
I see the button being pushed just like a spoiled child over
sharing its toys.
Scary stuff, I think Putin is stepping lightly because he realizes that he's dealing with desperate madmen. NATO and the EU are really the only hope of talking the US off the ledge. The best the world can hope for is a negotiated soft landing for the dollar.
Russia does not have to rush it with Ukraine. Once the overprinted Euros and Dollars meet their makers Ukraine will have to turn back to its roots.
SDR's were TPTB soft landing strategy.Might have worked four years ago,but now a WW is all they have left.
The euro countries are in no better a spot.
Ironically Putin was their best chance for help , but all they doing is antagonizing him. He appears to be be, from my research,almost human for a politician.
+1 for the concise and accurate assessment of how the US is perceived; but it was the "president mom jeans" comments that just about made me fall off my chair from laughing.
Where else will they get their Treasuries from? 'Listen, you guys quit fucking around in the Ukraine (on our provocation no less) or we'll stop letting you lend us money, I swear, I mean it'.
As much as it looks like the U.S. is using bluster to achieve a goal without solid footing, I can't help but wonder if they have something up their sleeve that would be very much a surprise to the world when it is unveiled.
something like a huge secret gold horde, some new free-energy technology, or something really nuts like time travel or actual invisibility. Its crazy to talk of such things, but we are in crazy times.
Usually its the obvious, behind the Bluster is a lot of HOT AIR ala flatulence.
According to TPTB, we've had those technologies for 60 years and they will never see the like of day...
clown government - whats next? sending Dennis Rodman or maybe spikelee
The scary thing is that a religious wingnut like Lack Jew is fifth in line for the presidency.
That means five "accidents" for a chance at a competent President.
They just have to wait for Chelsea Clinton's baby to grow up and become President ;)
Of all the good Jewish boys out there they hooked up their daughter to the son of a Criminal. OH wait its a match made in Heaven. WHat does it matter I tell ya, the kid can get a passport now, that's all that matters, and Hillary can count on the money from the community.
There is no USA so take it out of conversations. There is a globalist regime that has take control of Western nations and control of their militaries. For the most part they are banksters. They are building Homeland Security infrastructure within each captive nation in order to kill the citizens of those nations. The globalists are attacking Russia because Russia is still a nation and does not wish to submit to the globalists.
Putin go after the banksters not the citizens within in those conquered nations.
+1. Very well put.
The war is being fought with "money" now. If the Ruskie top 1% want to continue playing with the rest of the world's top 1% they have to "know their place". Putin scored some point, but - ya know - the top 1% really like to drive their yachts around the Mediterranean to impress other top 1%'ers, tough to do that if your ass(et)s are frozen.
"tough to do that if your ass(et)s are frozen." - Define "assets".
Please, the real power brokers have plenty of real wealth out of and away from the system you see or have access to.
Of course, but all nations are just loot-pumps for the top 1% that own the nation. You might have some loot stored in some holding tanks someplace but those yachts use a lot of fuel, and those high-end escorts aren't cheap either. The top 1% need ever-increasing wealth; don't forget we, and they, are on the "Keynesian" perpetually increasing debt/wealth plan - so... no perpertually increasing debt/wealth means you are falling behind. Which is why having access to national loot-pump is VERY important.
Fuck the 1% and their "loot-pumps".
What the fuck are you trying to say?
Fuck'em, time to renegotiate the "deal" on this rock.
Re: Fuck'em, time to renegotiate the "deal" on this rock.
Fine, tell the Trash Class to "take a stand". You really think the top 20 or 25% who are doing really fine helping the top 1% are going to change the system?
This is a very simply "system problem". You've got a specific system configuration now: the top 1% looting their nations (system A). BUT, you want to get to another system: not sure what you want specifically, but let's call it system B.
So, how exactly do you get from system A to B if the top 20% of system A control all the loot.
"loot" doesn't build bridges asshat, people do.
Sorry to break it to your dumb ass, but life is hard, get fucking used to it.
There are no free lunches. Want to make this "impossible change", start by redefining what "loot" and real wealth are.
Re: Want to make this "impossible change"
I don't want to "make a change" unless I know what "the change is to".
Re: start by redefining what "loot" and real wealth are.
It doesn't matter what YOU or EYE think the definition are. What matters is how well the DNA bling of the top 1%, top 10%, and top 20% live. And the DNA bling of these groups will inherit "the wealth" (as defined by their parents).
It's good to be [ the king | the DNA bling of the king | the top 1% | the DNA bling of the top 1% ]
Re: Sorry to break it to your dumb ass, but life is hard, get fucking used to it.
Not for the winners.
"Not for the winners." - well that might explain why you aren't one...
You are a dumbass if you don't go out and insure all your interests are looked after, every fucking day...
What was the topic again?
Anyone else having a flashback to the "Sheriff Hostage Scene" from the movie Blazing Saddles?
Good call, great movie.
I wish this US shitshow was only a movie that I could walk out on.
There are always options outside the continental US... Many with much, much better outlooks than what will be the epicenter of the next global financial collapse...
I dunno. Seems like every country that is either English-speaking or has a white majority (you don't want to stand out when the SHTF) is even more of a totalitarian police state than the US.
this one explain waht heppen to US when china and russia met in 2008
https://www.youtube.com/watch?v=oCcRT-y2_rg
Like Putin is going to listen to a Lew.
putin better respect owebomba's authoritay [/sarc]
Overt financial warfare on. An analysis of Lew's signature shows that he is a hot head not to be triffled with Vlad, consult your medium and withdraw from East Urkaine now!
FUCK YOU LACK JEW....
Hey Vlad,
just sale those worthless treasury's already WILL YA!!!!!
when it happens, and the world turns on the bankers... calling their bluff. it will be epic. already you see the confusion. banker puppets wondering why their warnings are being ignored... baffled, they simply speak louder. not this time fuckers. its almost over.
please let it be so....
Silver.....buy it...
LOL Just Brilliant letter transposition, very very creative
Put that flamerpuss Lew in a cage match with Putin on pay-pre-view. Let him tell Vlad to "back off" in person. Be a short bout.
A duplicitous fucker is Lew
Russia he attempts to subdue
The dollar is dying
But Lew keeps on lying
His bill's about to come due
Lew the Joo want to start WWIII
Ahem, he looks half mexican so at least he'll be able to dig a hole to hide in.
Russia doing the BLM moonwalk? I don't think so.
This Chinese/Russian alliance (if it truly exists) invites speculation that the NWO types won't sit still while a new competitor plants roots. The Fed knows that the greatest threat to them is losing reserve currency status--no more printing press. So the US and EU puppets will join forces together once again to ensure the reserve status and keep a NWO on the horizon. I see Putin backing down in three...two...
Yes, and the Chinese top 1% can add. The looting potental of siding with the Russian top 1% vs the looting potental of siding with the US and EU top 1%. Tough choice.
How do you "corner" the world's largest nation which is filled with natural resources? You don't and when the BRICS get their shit together the backlash to the western world will be devastating... The banksters know that unless they knock the BRICS off one by one, that western hegemony if kaput... Which is why this push through Syria, Iran and Russia... It's insanity of the highest order carried out by desperate men... Woe be unto those in the line of fire...
Lew, another slack jawed windbag. Team Obozo is sincerely pathetic and the whole world watches.
In addition to S&P, we will have Moodys and Fitch downgrade you.
And we will use our HFT computers to smash the rouble.
If we can spy on everyone in this planet, we can easily manipulate every financial market.
Sorry Tylers, but the scaling on that stock index chart is pure fucking bullshit.
The Russia scale can show a variation from 1200 to 800 (33% drop) while the S&P will show a variation from 3750 to 3450 (8% drop), so the line for the russian chart is barely sensitive to movement, visually, whereas the S&P line is very sensitive, relatively.
Am still on Putin's side of this, but bullshit is bullshit, and that chart is BULLSHIT. S&P looks to have dropped about 3% over the timeframe, and Russia maybe just over 1%, but hardly the drastic difference that is indicated.
It would have been better if the same scale had been used, % change from the beginning, or % change from where sanctions started, no argument there.
However, from where the sanctions started, it looks like the Russian index (presumably MICEX, adjusted for the declining value of the ruble vs the dollar), is about at the same level as where it was.
The US index (presumably the NDX 100, not the S&P) is down about 3% like you said.
MICEX: http://www.bloomberg.com/quote/INDEXCF:IND (current quote 1280.81 in rubles)
edit: +1 for noticing the scaling problem.
We now have the Belgiums buying all the US Treasuries. When they pumped money into the Congo over ahundred years ago they began to shortly thereafter chop hands and limbs off of the black people that lived there.
Watch your hands everyone. Got belgums working with Obama.
You go Lew....make a fool of yourself just like the rest of the Administration!
Lew, Kerry, and "0" - what a scary tag-team. They'll debate the shit out of you! My money's on Vlad (the impaler).
nice watching the Dow erases its loses on a point by point basis to once again execute a perfect v-shaped launch back into the green....
its all good....
Well not even the thing they call the market is taking Lew seriously...next up Putin's turn. Got 3 hours 45 mins till the close....
Could someone explain to me what exactly it is that Russia is doing from which they are supposed to step back???
The Russian top 1% are interferring in an area that the US and EU top 1% want to loot.
I think they're pinching the perogies too tight
Protecting its national interests.
Prep you bastards, prep!
Casey Research seems to fail to understand that the USD has six other currencies indexed to it.
http://bullandbearmash.com/about/usd/
Additionally: Russia is an economic mess and China is clueless - 15T to create 6T of GDP and all the empty cities you can visit, but not live in.
yes, but if Russia and China are so bad, why are we doing the same thing?
How many trillion has the U.S. government spent to get in terms of GDP?
I don't see how a global reset is avoided here.
Well, it's not if, but when. Obviously, the amount of "money" isn't an issue. So, what will cause the reset and what will it look like. You can't get a bigger reset than WW2 (except for a nuclear war) but what really changed after WW2? Even in German the Krupp family is still there. What reset exactly?
We have empty suburbs, kind of like empty cities, but with less concrete and steel and more lumber and gasoline required to maintain. There is never just one lie.
The Russians I knew all had their money outside of Russia...I bet this is the play...the West thinks they can just take it if Russia takes the Ukraine....there will be a lot of broke Oligarghs if they do....Putin is in this game too...he has billions somewhere..and I am sure its not in Mother Russia where he stole it
why not send Kevin Bacon, he must be within 6 degrees of Putin somehow.....
Raise the debt ceiling!
"Just words"
Vlad is a rich Russian! ( I heard he has a miniature giraffe...) and trust me, I can bet he has most of his wealth in PM's
I think I'll repeat this comment...
Since when the fuck does the Treasury Secretary issue overt political threats and war to another nuclear superpower???
The "Zionist Jews" are losing it!... Money that is!!!!
When I think "lowbrow" I actually envision Lew. He has an idiot's countanence with an ignorant glare. The bankers will use him, like the tool he is, and then toss him out like a gnawed rib bone when he's proven useless.
Somebody has to actually go in there and take these guys out of their offices and put them in prison. They are a danger to the people and a proven danger to the republic and Constitution. It should be done now.
Well Son here is my take on it,
Obamma threatened and nobody takes his Kenyan credentials seriously 0/4
Kerry threatens but he is only 1/4 on his daddy's side
Tymoshenko threatens she is 2/4, Russia was listening but played it for the world to hear
Yatz threatens he is 3/4, Russia ignores him
Now Lew, Lew threatens with all 4/4
Its clearly an escalation of ties to the Banker Mafia
Sometimes the ones really running the show make a mistake and expose themselves.
"Take a step back, the next man that moves, the Petro$ gets it."
Hold it Putin, he's not bluffing."
I think we all need to take a step back..
http://youtu.be/LeQYJCVXInw
How much is Casey paying ZH to shill his video?
Ancient Chinese restaurant proverb:
"When you live in a house of cards you should not piss off a man with a fan."
And one from me: "When guillotines are near, keep your head down."
FUCK YOU, LEW!!! You're just a fuckin' secretary. Bitch
What are you gonna do? Pull a Blazing Saddles on yourself. Stop or the dollar gets it!
https://www.youtube.com/watch?v=Z_JOGmXpe5I
Maybe you could pull the old Number 6 on 'em!
https://www.youtube.com/watch?v=SkQ8_Xr_zVY
Imagine a Russian nuclear submarine surfaces near Nova Scotiaand launches an icmbm over Chiraq??? "This could never happen?" Think again. Oh, "only countries like Iraq, Viet Nam, Afghanastan, Korea, et at are invaded or attacked."
Obama, Mr Cool Breeze, will get us in a war before it's over. And, for what? So Exxon can gain market share? Maybe Warren Buffet wants to pump up his portfolio? Maybe Goldman Sachs has an interest in the Ukrane?
Obama should worry about a civil war right about now. The "peasents are getting angry." He is so fucking stupid. I'm certain he has advice from the "best money can buy" people that are looking for some fresh money and power.
Take a step back or we block all Russian Facebook and Twitter accounts.
So Lew is going to demonstrate some of that Jew-Jitsu for everyone?
http://www.youtube.com/watch?v=1Ko4eZTPC6o
you better watch it Putin or else Lew will whip out his small pecker and we'll all laugh to death
Lew has attempted in instill Fear, it will only causes further global deterioration within US allies.
Blueprint for Action: Thomas P.M. Barnett, read the book.
http://thomaspmbarnett.com/glossary/
This is all about Old Core vs. New Core. Scroll through on above link.
If you want to see a presentation by Thomas, have a look.
National Security Strategy | 2006
Just keep in mind the Gun Control Act 1968. The Treasury Secretary is vested with the right to ban importation of firearms without delegation approval.
Sorry, null and void. "Shall not be infringed," and if it isn't permitted to them, it is Unconstitutional and therefore is null and void.
2nd.: A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed.
9th.: The enumeration in the Constitution, of certain rights, shall not be construed to deny or disparage others retained by the people.
10th.: The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.
Always begin and end with the Constitution, the "law of the land."
And I am not even one of the scumbag 9.
I was referring to importation.
If I want an AK from Romania, the 2nd. says "shall not be infringed." It does not say "except for imported firearms."
The 9th. and 10th. also support this position as well.
Back off, Russia, or we'll give another billion dollars to Ukraine to pay for your natural gas exports!
Comedy Gold comment.
Yes funny, but wasn't the $1Bil. in the form of "loan guarantees?" I.e. another corrupt bone to the Masterblaster banksters?!
"Back off, or we'll give our banksters another $1Bil. via the Ukraine and maybe even another few billion in MIC contracts."
Jacob Jew
Yeah, lets make Putin Balance Bernanke's Books.
Looking to me every day more that the USA will pay the price for backing color-revolutions, false flag terrorism & funding Neo-Nazis.
End-result: end of US empire, end of dollar-currency.
The maybe we can finally have fiscal responsibility and a smaller federal government and no more NSA with billions of dollars worth of spying equipment that violates the Constitutional rights of Americans.
Without all this financial terrorism we will finally have our constitution back.
Lew is "Shovel Ready"