Obama Prepared To Unleash More Sanctions On Russia

Tyler Durden's picture




 

With almost metronomic frequency, and perhaps related to Putin's emergency meeting of the State Duma, The Wall Street Journal is reporting that the Obama administration is prepared to expand a new set of economic sanctions against Russia if the country doesn't take steps to end Ukraine's conflict with pro-Russia separatist fighters. No details were exposed by the senior administration official, but as WSJ notes, current sanctions don't prevent U.S. entities from doing business with the Russian firms or freeze their assets. We await the new boomerang.

 

As WSJ reports,

The Obama administration is prepared to expand a new set of economic sanctions against Russia if the country doesn't take steps to end Ukraine's conflict with pro-Russia separatist fighters, a senior administration official said.

 

...

 

Under the new sanctions program, the Treasury Department could expand the number of institutions affected and expand the limitations placed on the Russian firms, the senior administration official said. The current rules prevent people or firms with ties to the U.S. from providing medium- and long-term credit to Rosneft, Russia's second-biggest natural-gas producer and two major financial institutions. The Treasury also bars equity financing for some of the firms.

 

The official didn't elaborate on what a broader array of limitations might look like. The current sanctions don't prevent U.S. entities from doing business with the Russian firms or freeze their assets.

 

...

 

But Obama administration officials are prepared to take more extreme steps if necessary that could have a broader economic impact to force Russian cooperation, the official said.

*  *  *

But the US will keep buying its satellite rockets from them?

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Wed, 07/23/2014 - 14:22 | 4994160 TeamDepends
TeamDepends's picture

More pink lines for Puty.  Because they have worked so well in the past.

Wed, 07/23/2014 - 14:24 | 4994171 Pinto Currency
Pinto Currency's picture

 

 

This is about the BRICs going their own way and not about Ukraine.

Wed, 07/23/2014 - 14:26 | 4994188 icanhasbailout
icanhasbailout's picture

Today's sanction is called "the comfy pillow".

Wed, 07/23/2014 - 14:35 | 4994241 Keyser
Keyser's picture

or I'll huff and I'll puff and I'll blow you Vlad if you stop making me look bad in the MSM... 

 

Wed, 07/23/2014 - 14:37 | 4994260 taraxias
taraxias's picture

Someone remind me again, what was it that Eistein said about the definition of insanity? 

Wed, 07/23/2014 - 14:43 | 4994288 cifo
cifo's picture

So then Russia is the new Cuba?

Wed, 07/23/2014 - 15:14 | 4994325 ZerOhead
ZerOhead's picture

This just in...

Obama says Russians holding two Americans one German and one Latvian hostage aboard the International Space Station. Promises Americans that we will take the ISS back by force if necessary. Just as soon as we can develop and build a rocket capable of getting us there...

http://www.nasa.gov/mission_pages/station/expeditions/expedition40/index...

Wed, 07/23/2014 - 15:56 | 4994691 Pinto Currency
Pinto Currency's picture

 

 

Malaysian Airlines flight MH17 re-routed by Ukrainian air traffic control into danger zone just before missile strike:

http://timesofindia.indiatimes.com/india/Air-India-flight-was-90-seconds-away-when-missile-struck-Malaysia-Airlines-Flight-MH17/articleshow/38702536.cms

 

Wed, 07/23/2014 - 16:01 | 4994713 Save_America1st
Save_America1st's picture

ooooooooh, scaaaaaaarrrrry...

What's obama gonna do?  Tell Putin he can't use U.S. dollars anymore?

Wed, 07/23/2014 - 17:58 | 4995256 Sirius Wonderblast
Sirius Wonderblast's picture

Yes, that would do it...

Wed, 07/23/2014 - 20:36 | 4995935 The Alarmist
The Alarmist's picture

Well I didn't expect the bloody Spanish inquisition.

Wed, 07/23/2014 - 14:52 | 4994341 sunnydays
sunnydays's picture

What is insane is the plane that took off as mh17 is not the same plane that crashed in Ukraine.  Photo Proof of that. 

 

https://www.youtube.com/watch?v=_qt70FEv1Y4

Wed, 07/23/2014 - 15:00 | 4994385 cifo
cifo's picture

WTF? Is getting weirder by the day.

 

Wed, 07/23/2014 - 15:06 | 4994418 ZerOhead
ZerOhead's picture

It almost like intentional disinformation is being put out there to clusterfuck our minds into a state of complete confusion.

It's working.

Wed, 07/23/2014 - 17:13 | 4994517 TeamDepends
TeamDepends's picture

It's your meds (ha)!  Like we, and others, said earlier, it looks like it was actually 370 that crashed.  Which makes the report that the bodies had been long dead before they hit the ground seems more plausible (were they the 370 passengers?).  Also, the story that there were over 100 AIDS experts onboard has been retracted.http://jimstonefreelance.com/

Wed, 07/23/2014 - 20:38 | 4995943 The Alarmist
The Alarmist's picture

Most likely outcome is that the Ukes were using civil airliners as shields for their fighter-bombers, and nobody actually thought the pro-Russki militia would shoot a civil airliner down to protect themselves.  

Wed, 07/23/2014 - 15:37 | 4994601 kchrisc
kchrisc's picture

Doesn't work on thinking people.

I personally wouldn't believe any pol, crat or bankster if they told me the sky is blue.

I would just wonder what their corrupt angle was.

And that is what amazes me the most about the sheeple: At what point do you just get sick of being lied to, manipulated, robbed and oppressed?!

"The bumper sticker seen on my guillotine: 'DC and NYC or bust'."

Wed, 07/23/2014 - 15:11 | 4994453 Freddie
Freddie's picture

http://www.jimstonefreelance.com/

 

The plane that crashed in the Ukraine made a side trip to Diego Garcia.  My guess is their refrig system for the bodies was noit working too well when they loaded em back on the plane.

Wed, 07/23/2014 - 15:25 | 4994531 ZerOhead
ZerOhead's picture

Can't be.

The DNA testing or visual inspection to identify the bodies will ascertain that these were the same passengers who embarked on the plane.

Not to say that the plane might have been swapped out before but why?

Wed, 07/23/2014 - 15:39 | 4994602 TeamDepends
TeamDepends's picture

To dispose of 370, passengers and all.  But, perhaps even more sinister, to divert attention from Cast Lead II massacre of God knows how many Gazans, which commenced at pretty much the exact same time.  Were White Phosphorous and/or DU used again?  Bad Zionist!!!  (sorry Freddie didn't see you linked the same link)

Wed, 07/23/2014 - 17:29 | 4995152 cifo
cifo's picture

What brand are those cell phones dropped from 33k feet and still working?

http://www.dailymail.co.uk/news/article-2702914/Damning-evidence-MH17-cr...

 

Wed, 07/23/2014 - 15:17 | 4994483 InTheLandOfTheBlind
InTheLandOfTheBlind's picture

wouldnt put too much stock in to einstein's definition of insanity.... the whole space curvature thing proves that he can't quite see through his... yeah i know i am over generalizing but so does everyone that thinks einstein found e=mc^2 when maxwell knew about long before...

Wed, 07/23/2014 - 17:21 | 4995106 Dugald
Dugald's picture

We will have a war if its the last thing we do.......

The  White House.....

Wed, 07/23/2014 - 14:37 | 4994255 Leonardo Fibonacci2
Leonardo Fibonacci2's picture

It ain't a cock fight between Obama & Putin simply because Obama has a Vagina.

Wed, 07/23/2014 - 14:55 | 4994370 orangedrinkandchips
orangedrinkandchips's picture

worst.president.ever.

 

 

Wed, 07/23/2014 - 15:08 | 4994434 ZerOhead
ZerOhead's picture

until.hillary.

Wed, 07/23/2014 - 16:29 | 4994848 SheepDog-One
SheepDog-One's picture

Seriously, if Hitlery is put in as president I'm just to get a back back and a wooden flute and just go wander around, fuck it.

Wed, 07/23/2014 - 18:46 | 4995455 Sirius Wonderblast
Sirius Wonderblast's picture

You need some Jethro Tull in your life.

Wed, 07/23/2014 - 17:22 | 4995112 Ariadne
Ariadne's picture

Begin a new life in the off-world colonies...

Wed, 07/23/2014 - 15:13 | 4994463 Freddie
Freddie's picture

The only thing worse then obam is the retards who voted for him.  Not like we get a real choice.

Wed, 07/23/2014 - 14:28 | 4994204 screw face
screw face's picture

.......BRIIICS

Wed, 07/23/2014 - 15:39 | 4994610 what's that smell
what's that smell's picture

are presstitute rim jobs a gdp booster?

there's a bull market in rim jobs i tell ya.

“If money isn’t loosened up, this sucker could go down,” Bush declared

Wed, 07/23/2014 - 14:35 | 4994232 TeethVillage88s
TeethVillage88s's picture

Idiot US Citizens don't even realize that Sanctions and Blockades are an Act Of War.

https://en.wikipedia.org/wiki/Casus_belli

Lebensraum
Corporate Lebensraum
Assassination
Blockade
Sinking of a Ship
Invasion
Bush Doctrine
Overthrow of Democratic Government by Outside Country

Wed, 07/23/2014 - 14:41 | 4994281 TeethVillage88s
TeethVillage88s's picture

Obama's War with Russia probably won't Increase GDP in 3rd OR 4th Quarter. These things take time. And Defense Weapons Spending takes time and ends up in the hands of a relatively few executives.

Obama Doctrine would be a Domestic Policy that ignores the biggest problems, but promises growth & jobs. For this he played along with a Ruse that Fiscal Spending and Monetary Policy would repair the Economy & Provide more Jobs. This having failed NEOCONs & NYT writers raised the possibility of War as a Stimulus for the Economy. This is also a Ruse.

Wed, 07/23/2014 - 17:06 | 4995027 Peter Pan
Peter Pan's picture

War will not increase 3rd or 4th quarter GDP if the war is fought under inclement weather conditions.

Wed, 07/23/2014 - 16:26 | 4994835 _ConanTheLibert...
_ConanTheLibertarian_'s picture

Obummer can't stand that! Too late you assHOLE18.

Wed, 07/23/2014 - 18:03 | 4995242 Kirk2NCC1701
Kirk2NCC1701's picture

The BRICS might be taking a Fleetwood Mac line ("You can go your own way"), but the US is still trying to front-run and play its own game by...[drum roll]  Getting the EU community to label the East Ukraine fighters as "Terrorists".  The blatant attempt to draw parallels to the Lockerbie disaster is deliberate, obvious and premeditated.  It is the Pretext to get the EU to label the Resistance as "Terrorists".

I suspect that Putin got wind of this upcoming attempt, and needs to front-run the US and its cowardly EU allies like the UK, Holland, Belgium and Denmark, rather than doing what I suggested 4 months ago:  Sending in Russian "Blue Helmets" as Peacekeepers, until the EU and UN step up and do their part, or are shamed into having to do their part.

If the US succeeds, and the Newsweak edition that portrays Putin as evil is part of the anti-Russia and anti-Putin smear campaign, they get to isolate Russia internationally to a much larger extent.  They could thus thwart its attempts to de-Dollarize the global community, or a good part of the G20 countries.

Each side is trying to outflank and outpace the other, in this PR war, Currency war, Trade war, and Hot war-by-proxy.

Wed, 07/23/2014 - 14:25 | 4994173 NotApplicable
NotApplicable's picture

Did Obummer just ask Putin to level Kiev?

Wed, 07/23/2014 - 15:17 | 4994491 ChanceIs
ChanceIs's picture

I was wondering the same.  Taken literally...'end the conflict'...could be taken as making western Ukraine glow in the dark.  No western Ukraine, no conflict.  Problem solved.

Another interpretation would be that Kiev would be leveled this winter by the residents burning their houses to stay warm.  take away the project financing for NG production and Kiev gets cold.  So does a lot of the rest of Eastern Europe.

I read that a lot of the Democratic members of Congress up for close reelection races seem to have business elsewhere when Obama shows up in their state.  Will Obama be so very welcome in Poland, Hungary, Bosnia when the tree leaves turn from green to red and there is a little frost on the pumpkin?

Wed, 07/23/2014 - 17:12 | 4995064 Aaron Hillel
Aaron Hillel's picture

There are rumours the Obama is ready to indefinitely take Putin off his Kwanzaa mailing list.

Wed, 07/23/2014 - 14:25 | 4994166 Stoploss
Stoploss's picture

Have they tried bitch slappin him yet??

 

 

 

I mean Barry...

Wed, 07/23/2014 - 14:28 | 4994196 buzzsaw99
buzzsaw99's picture

yeah, owebomba fights like a girl. name calling, hair pulling, scratching. did the same thing in iran with incremental sanctions. it worked really well. /s

Wed, 07/23/2014 - 14:30 | 4994219 disabledvet
disabledvet's picture

So it really is time to start moving up the artillery pieces to silence the anti aircraft fire coming from Russia proper then.

Wed, 07/23/2014 - 14:38 | 4994259 NOTaREALmerican
NOTaREALmerican's picture

Apparently, that's what the manly men want. 

Wed, 07/23/2014 - 14:39 | 4994267 buzzsaw99
buzzsaw99's picture

huh? when i see two bitchez fighting and make fun of them then you suppose that I would prefer they stabbed each other with knives?

 

egad i'm surrounded by retards

Wed, 07/23/2014 - 14:37 | 4994261 buzzsaw99
buzzsaw99's picture

huh? when i see two bitchez fighting and make fun of them then you suppose that I would prefer they stabbed each other with knives?

Wed, 07/23/2014 - 15:08 | 4994427 Winston Churchill
Winston Churchill's picture

What do you mean.

Sanctions worked out great on Rhodesia.Only took 26 years to bite.

What a great place it is now.A real Obozotopia.

Wed, 07/23/2014 - 14:23 | 4994168 syntaxterror
syntaxterror's picture

5th time's the charm! Go Barry go!

Wed, 07/23/2014 - 14:58 | 4994369 Zero Govt
Zero Govt's picture

how many rounds did they go and couldn't sort their Govt budgets out

and they think they can command the world

cue Benny Hill theme tune

Wed, 07/23/2014 - 18:12 | 4995306 Kirk2NCC1701
Kirk2NCC1701's picture

No doubt Russia will hand-craft anti-US sanctions that don't hurt their EU-Russia trade, but only US-Russia trade.

I guess we won't get cheap Russian ammo or guns any more, huh?  What about Serbian arms (Zastava) & ammo (Prvi Partizan / First Partizan)?

Note also that the Benelux countries (Belgium, Netherlands, Luxemburg) and Denmark get little Russian oil or gas, and are thus more likely to side with the UK and US.  If Russia can maintain close ties to Germany, France, Italy, Austria, Hungary, Bulgaria and Turkey, the Benelux and UK won't matter one bit.

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