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Russian Oligarchs Wave Goodbye To Visa, Switch To Chinese Credit Card
So much for the "Russia is becoming increasingly isolated" meme that the West would like many to believe. As Russia continues to sign de-dollarization deals and trade agreements with its BRICS allies while pushing ahead with retaliatory actions against the US and Europe, it appears the 'sanctioned' friends of Putin are taking matters into their own hands. Billionaire oligarch Gennady Timchenko, among the first to be hit by travel bans and asset freezes by the US, has decided to tear up his Visa and Mastercard, shifting all his credit cards to China's UnionPay, noting that "in some ways it is more secure than Visa - at least the Americans can't reach it."
The Western meme goes something like this...
“Russia risks becoming a pariah state if it does not behave properly,” U.K. Foreign Secretary Philip Hammond said on Sky news this week.
However, after various deals with BRICS and Middle East nations, it appears Russia can find plenty of 'friends'.
And now the sanctioned oligarchs and de-dollarizing... (via ITAR-TASS Google Translate)
Russian businessman Gennady Timchenko, because of the U.S. sanctions imposed against him in March 2014 after the annexation of the Crimea to the Russian Federation, has replaced by Visa and MasterCard for card payment system China Union Pay and wallet with cash.
Timchenko March 20 was included in the U.S. Treasury list of persons with whom the U.S. companies and citizens have the right to maintain the business relationship, including U.S. registered Visa and MasterCard.
Businessman said that stopped using these cards payment systems. "We'll have to, as before, to carry a purse with cash," - complained Timchenko, adding that also enjoys card Chinese Union Pay.
"As the sanctions imposed, it immediately issued," - he said. "Excellent work! And accept card in many places. In some ways more secure than Visa. At least Americans will not reach" - said Timchenko.
Inclusion of a businessman in the U.S. sanctions list created trouble for the payments and for his wife. "Wife Gennady Timchenko had the surgery and could not even pay for it, because it was blocked accounts and cards," - said Russian President Vladimir Putin on April 17 during his "straight line", describing the incident as a violation of human rights.
Putin learned about this case, held after the announcement of sanctions meeting of the Russian Geographical Society, co-trustee of which is Timchenko. "Vladimir Putin asked how we feel ourselves to new realities. I said, well, all right, but there are nuances. And he told the story that President then mentioned," - said the businessman.
* * *
While Obama hopes that pressure on the oligarchs will creat some civil strife for Putin, we worry that it will merely corner him into survival mode with signioficant repurcussions for the west.
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It's Friday night
THAT MEANS IT'S BONER TIME!!!
Checkmate.
They sent me an overdue notice?
What, they both did?
Amex and Visa?
What?
They're both in excess of $2.5 million?
Tell them to stick the overdues into the loss reserve and stick the loss reserve up their president's happy asshole.
Or maybe Mr Kerry can talk to them for me.
In fact why not get that Mr Kerry on the phone for me and I tell him.
What?
He's on his boat again in Hyena's Port?
Hah ha ha ha ha
Like MSNBC reporter say, so it must be OK... "Fuckstick"
Can those of us stuck in the US sign de-dollarization deals? I'd like to get out too please.
Union Pay: It's Every Embargo You Want To Be!
Russia oligarch is not needing own Visa or Mastercard, is already have list of all Amerikan credit card number.
Where in the fuck have been hiding lately? Kinda miss your posts. Better have a good explanation.
;-) you little fucking bastard. Oh that's just ZH love.
Almost as if the US does not think there are any alternatives. They have been lulled into complacency because American sheep will not change to alternate solutions, yet.
But other countries don't have those same inhibitions....
Most other countries don't want to be droned by WS, and will not stand for it.
Fuck you, Alotofcrap. By that I mean welcome back.
PS - Say hi to moose and squirrel.
Nothing wrong with what he's doing, but I have to wonder how every turn away from the US drives them right into the arms of the Chinese. Good for China, of course.
The day that Russia backs its Ruble with Gold + Oil, is the day they get to use their own credit cards globally and thumb their noses at IMF and BIS -- and the US, of course. Till then I remain cautiously optimistic, but a tad skeptical with their 1D "everything China" approach.
OTOH... perhaps their China solution buys them time for greater global independence, while leading the BRICS coalition to de-Dollarize.
Lots of gold, silver, barter, and cryptocurrency options available right now. We just have to use them more often. I bought nearly all of our Christmas presents last year using bitcoins to Amazon gift cards. New multi-currency / barter (including precious metals) exhange just went live 2 days ago: stellar.org. They are starting by giving away free 5,000 of their coins to anyone with a mature non spam Facebook account (optional only, you don't need to sign up with Facebook) and later to existing holders of bitcoins. Anyone can become a bank equivalent in this system in the form of a "Gateway." We could even start our own ZeroHedge Gateway to dedollarize amongst each other. This is one of your "get out too please" options.
Knucks, you were always a useless POS, but now even your army of greeners has abandoned you. Fuck off!
Another friday night on ZH. Have a red one from the green army.
Bunch of fkn educated idiots, you are, Ralph. Take your PhD's and shove 'em up your ass. That's about all they're worth now. Shit has changed. You and Knucks have failed to realize this. It ain't my fault, but you will no doubt think it is.
Blasphme
'Blaspheme'. (Fixed it)
Vote down!-89
"Knucks, you were always a useless POS, but now even your army of greeners has abandoned you. Fuck off!"
I am at a loss as to the point of your comment. Last time I looked, the one you speak of had 56 up-arrows (and no down-arrows). At the rate you are going, it won't be too long before someone refers to you as 'Ace Twinker'. Not that I would ever suggest anything so vulgar... ('I want to ride my bicycle, I want to ride my bike,...'. That song was sung by a queer, in a queer band named "Queen", you know).
What were you saying, again, Sally?
Guess I can add you to my shit list as well? Oh wait, you were already there.
One could easily advance the notion that this weeks stock market action was actually the result of the White House's senseless trade threats with Russia...and the ensuing uncertainty it adds to our global eco-machine. Does history really repeat itself?
The Tariff Act of 1930 (codified at 19 U.S.C. ch. 4), otherwise known as the Smoot–Hawley Tariff orHawley–Smoot Tariff,[1] was an act sponsored bySenator Reed Smoot and Representative Willis C. Hawley and signed into law on June 17, 1930, that raised U.S. tariffs on over 20,000 imported goods to record levels.[2]
The dutiable tariff level (this does not include duty-free imports—see Tariff levels below) under the act was the highest in the U.S. in 100 years, exceeded by a small margin by the Tariff of 1828.[3] Some view the Act, and the ensuing retaliatory tariffs by U.S. trading partners, as responsible for reducing American exports and imports by more than half. According to Ben Bernanke, "Economists still agree that Smoot-Hawley and the ensuing tariff wars were highly counterproductive and contributed to the depth and length of the global Depression."[4]
http://en.wikipedia.org/wiki/Smoot-Hawley_Tariff_Act
yes, yes, precisely my thoughts. what the hell did obama learn at columbia? did bernanke never mention this to him or his sad one two punch of secretaries of state/pretenders to the throne? it is hard to get good help these days.
"Antifaschistische":
I disagree with your false premis and false conclusion. You are comparing apples to oranges.
Tariffs are TAXES imposed on the importation of goods to a nation, but what Obama is doing is tantamount to a TRADE WAR that cuts off trade of certain goods (along with banking and accounting freezes). If I have to pay a 10 or 15 or 50% tariff on a Russian-made A.K. 47, this would discourage me (in theory) from purchasing it (and the idea is that I should be buying locally-made products like this). If the trade and importation of such is BANNED (as, in fact, it now IS), this is QUITE different in scope; in fact tantamount to a 'trade embargo'.
Smoot-Hawley was a misguided attempt to try to boost industrial output by discouraging importation through the levying of taxes on imports in an attempt to boost local production (and it was hoped, cause companies to re-hire). YES, it backfired and drove the economy down further (by increasing prices of certain goods while the population struggled to keep an income flow, thus exaserbating the Depression). It was not the CAUSE, however (that ship sailed when the FEDRES central banking system put the word out to call the notes).
Obama's actions are nothing like this. NOTHING AT ALL. He's trying to goad the Russians in to war, just like the Roosevelt administration did with it's 'sanctions' against Japan prior to WWII; by CUTTING OFF TRADE AND BANKING (not taxing it). Whoever edited this Wikipedia entry needs to get their head out of their ass regarding the term 'TARIFF WAR'. This is a false term in and of itself.
MS...I don't disagree with what you've said. I wasn't actually making a premise or a conclusion. I agree with your trade war comments on Obama's action and the war goading from our Nobel Peace Prize winning President.
As a response I would only say that even though Obama's intentions are distinctly different than the intent of Smoot-Hawley, we may, just may, experience some of the same byproducts of Smoot-Hawley legislation as our continents slide toward a tit for tat trade related battle. A byproduct that may lead to increased uncertainty on the geo-eco-political scale which translates to increase volatility in our domestic markets.
thanks MS....good thoughts.
I just GOTTA get me one of these!
'PONZICARD'! Accepted at over 85,000 locations worldwide!
('Ponzicard' is a trademarked name of the revolving credit extended by those who also issue 'MasterCharge' and 'Visa'. See your bank for details. 'Ponzi, LLC. is a member of the 'Interbank System' of Ponzi Worldwide Oligarchs. Some restrictions apply. Interest set at 10% above London Inter-Bank Overnight lending Rates set at the whim of those central banks that choose to participate; and announced daily in 'The City Of London' [god save the Queen, amen, forever and ever]. Some restrictions apply. rates subject to change. Read 10,000 word disclosure agreement after signing up.)
Its almost like they don't respect us anymore.
I'm not sure that one finger constitutes a wave.
I don't respect us anymore.
I dont either. Im going to get one of those cards.
And that's the scary part.
If it's really this easy for the rest of the world to tell the U.S. to fuck off, soon all that will be left is letting the ICBMs fly.
Priceless.
"Leave home without it."
"For everything else, there's UnionPay."
"It's everywhere you want to be...except Russia."
in some ways it is more secure than Visa - at least the Americans can't reach it.
Oh this sounds like a callenge aimed directly at the NSA.
It's aimed at all that's wrong with America today - much more than just the NSA.
Hasn't the CFPB, which operates out of the Fed, been demanding that Visa and MC provide them with records on all credit card purchases? And you just know that the IRS, FBI, DEA and ATF are getting all of that data too. This Union Pay card sounds very interesting.
".......For everything else, there's Union Pay"
Conveniently denominated in RMB.
good one lol :)
PSYCHOCHICKEN Kiss-ka say fuck fuck fuck fuck fuck fuck fuck fuck
fuck fuck PsychoKILLER run run run away to anwhere but the USA.
Fuck fuck fuck fuck fuck fuck fuck fuck fuck fuck!
SHIT.
If you are going to try tweaking the words to a song, you need to at least spend the time finding and sending a link to it. Otherwise, the people will simply 'downarrow' your contribution (most were probably born after 1977, by the way, and can't possibly understand the reference). This is especially important when referring to a song that was wildly popular within a small minority of people (such as the newly-forming 'punk rock' movement in the late '70's CONUS), but mostly unknown to the general masses at the time.
Perhaps all the down-arrows are also due to the fact that you chose to use the word 'fuck' 20 times. Next time, try throwing in 'pussy' or 'cock' or 'asshole' or 'fuckstick' or 'cockpit' or SOMETHING.
Here's a link to the song (for the child's benefit):
http://www.youtube.com/watch?v=yX6FsTIq6ls
After Jules Verne's novel '20,000 Leagues Under The Sea' became popular (I think this was about 1886 or so), he wrote another; lesser-known book; entitled 'Master Of The World'. His writing style was almost infantile (I read and absorbed everything he wrote by the time I entered the 5th grade).
FUCK. SHIT!
The oligarchs are going after oligarchs and war is not a real option. So what are they going to do except start attacking each other. Like to see at least two bankers jump in the upcoming week.
When only the ogliarchs have money, only the ogliarchs can be stolen from. It wa sinevitable.
i like sinevitable: said of unavoidable chinese hegemony.
IT'S INEVITABLE.
(IT) I SIN-EVITABLE.
The band 'CHARLIE' did this song, back in 'way-back machine' time.
The love of money is the root of all types of evil. The Chinese so-called 'RULERS' traded with the British East India Company, and all that happened was the rise of the Opium Trade; and the infamous 'Opium Dens' of the late 19th century. They currently sit on one of the largest stockpiles of PAPER PROMISSORY NOTES ever amassed in the history of the modern world, and they have no idea what to do as these 'asset values' go in to DECLINE. The 'CHINESE HEDGEMONY' of which you speak will turn out to be the 'PAPER TIGER' that they so revile themselves. The signs are already appearing, and have been for the past decade.
Well, I talked about a song, so I guess I have to link it.
'It's Inevitable' ('CHARLIE'):
http://www.youtube.com/watch?v=PHlQBa3CjhY
"Like to see at least two bankers jump in the upcoming week"
Ahhhh, "hopeium"
I want to see more Bankster suicide, knock on effects:
One Bankster pulling a few others off the ledge when jumping, or
One bankster landing on a few others after falling 50 stories....
"Like to see at least two bankers jump in the upcoming week."
JUMP,
YOU
FUCKERS!
It's 'The Big Flush' and they're on the rim, beginning to swirl. The heavier 'assets' go down first, and the paper used to wipe them clean goes next; down in to the vortex. The bankster mayflies are attracted to this shit, you know, and MIGHT just get caught up in the hyper-acceleration gravity-well before the tank runs out of water and the bowl stops swirling. It's just a wet-dream of mine, I suppose, though. Like the swarm of flies in the outhouse, there's never enough water to take them all down.
"JUMP, YOU FUCKERS!":
http://www.youtube.com/watch?v=yge311sFhC8
(This post is an obvious attempt to bring in to discussion the avatar picture of 'q99x2', whose placement of two light blue oval shapes obviously represent a toilet. While I fully agree with his sentiments, it in no way promotes the self-killing of the fucking scumbags of the Earth. Hanging and lethal injection and firing squads are much more appropriate; after being found guilty of mass genocide and other high crimes by a jury of their peers who do NOT include other bankster oligarchs.)
Master Card Ad...Priceless
Bwhahahahaaha. Oldie but relevant.
"If it weren't for Unintended Consequences, I'd have no Consequences at All."
https://www.youtube.com/watch?v=uEGVtbgYx2I
Get yours here.
http://en.unionpay.com/
Its called the balance of powers. Every time Obama tells a lie his nose grows, then Vlad keeps cutting it off despite his face.
It's like your girlfriend saying she won't put out anymore if you don't do what she says - when you have other girls trying to get you in bed and buying pot from you.
You sound like someone with some interesting stories to tell. +1
Exactly.
HEY!
I've done that!
A lot of those girls were pretty sweet! Tight little bodies, and some of them liked it in other places as well...
UM...
What's 'pot'? OH, that's something you cook food in! I put one of these on the 'triple-beam' one day, just to figure out how much it actually weighs, and I'll be DAMNED if it didn't break my scales! It cost me at LEAST an hour of profits to replace it!
Ah. The days of 'four-finger baggies'... (use the 'quart-sized' ones. The 'gallon-size' are reserved for Mexican 'Ditch-weed').
After I got the plebes in the Rancho Palos Verdes JDL to start buying, the shit hit the fan... they liked the white over the green, you know. They would come over just to listen to my albums, and they all offered me their asses (males as well as females). I didn't want to be a shit-pusher, though (especially when it came to the males), and simply qeued up the newest 45 EP 10-inch Metallica release of the time when transacting (some of the girls had nice asses, though, and I still regret not taking advantage sometimes). When you stumble upon the source of the most pure, pharmecutical-grade stuff (whatever you think) by happenstance, and don't want to take advantage by adding 'fillers' like Meneet, and don't up-sell the stuff you find by an outrageous profit margin, and remain 'independent', all kinds of things will happen (some good, and some not-so-good).
The 'JDL' recruiting song:
http://www.youtube.com/watch?v=UO_84C3fpuI
This posted link includes a PART of the original album cover.
"It's like your girlfriend saying she won't put out anymore if you don't do what she says -"
If your 'girlfriend' won't 'put out', then she's not REALLY your 'girlfriend'. She's just another worthless and owned WHORE, and a SLUT to whomever she thinks will give her what she thinks she 'needs'. You'll just have to trust me on this one.
Jewish Defense League (in case you wondered what the acronym is). They mostly never understood the song, or the idea that they were self-destructive.
Is there some kind of problem with the $USD ??
No problem at all. Go back to watching TV. :)
I have been authorized to assure you that; at this time; there is NO REASONABLE CAUSE FOR ALARM
(Clete Roberts)
http://www.youtube.com/watch?v=uqUa_G1h3pw
I'd wait for the Russian Central Bank's upcoming Sputnik card. It will be red and have a holographic image of Yuri Gagarin petting Laika the space dog.
@ 'RALPH SPOILSPORT':
'Dora the Explorer' told me I shouldn't take advice from strangers (in Messican), It was kind of weird, though, you know? the MESSICANS keep trying to tell the 'merkuns about how bad it is, and at the same time try to advance their socialistic shit (and 'open borders' and 'MESSICAN LANGUAGE' television stations). All the TRUE COMMUNIST FUCKS evacuated Russia LONG AGO (starting in 1947 as a trickle, and basically ending with the 'fall of the Berlin Wall' in '87), you douche. I'd rate your post (on a score of one to 5) as a 'negative four' in terms of 'relevance'.
FOR YOU, BITCH:
http://www.youtube.com/watch?v=l46t_nrySg4
The weather in Haifa is currently expected to be VARIABLE; with STORM-CLOUDS approaching from the Mediterainian; driven by unpredictable fronts from the Aegean Sea.
Newswatch 12 advises that you pet your dogs (whether they be named 'Laika' or 'Palestine' or 'Conus'), and keep them CALM and SUBDUED when the storm clouds roll in. Feed them enough CHEESE to keep them calm.
'Deteriorata' is simply a 'conspiracy theory'. I will not come in your mouth. I will only put the tip in. Truth REALLY IS 'treason'. The meanings of words actually have NO MEANING, and are 'changeable'. I'm from your GOVERNMENT, and I'm here to help. A dose of radiation isn't harmful, and in some cases actually is beneficial to the human body. Yuri Gagarin will be hologrammed with a red tint, and have a pet dog as he advertises 'SPUTNIK-CARD'. John Boehner is a REPUBLICAN. Barry 'Hussein' Soetoro was born in Hawaii. The Askenazim and Khazarim are weird constructs of the sick-minded tin-foil-hat-wearing left-right-conspiracy theorists who hide in mommy-s basement wearing boxer shorts. Biological warfare DOES, NOT, EXIST. EBOLA came about like AIDS did (a bunch of sub-human negroes fucked some monkeys).
"I will wait for the upcoming 'SPUTNIK' card to be issued by Russia's Central Bank."
How many ways can the lies be told; and how many ways can the old expression 'BUCK YOU, FUCKLEY!' be expressed when seeing the obvious misdirection and lie of your statements?
Back when Ford was the 'selected resident'. I bought one of the shiny buttons that said 'Whip Inflation Now'. What does that button you post here say? I think it's 'NOT INSANE' or something. Those who try to assume the roles of that which they are counter to (when speaking publically) are the worst offenders of all, you know. I mean: it's all right if the NSA knows 'every jot and tittle' of everyone in the whole fucking WORLD, but when it comes to the likes of those who are EMPLOYED to post by them, the story fucking CHANGES, doesn't it?
"in some ways it is more secure than Visa - at least the Americans can't reach it."
lol...and on another front, the Battle of Thermopylae is finally won by those who fought alongside the 300. Nice going progs, you lost, again.
It was never yours and the Swiss get to be the bitches, for now ;-)
The Gulag Express Card....DON'T LEAVE THE DACHA WITHOUT IT!
or....
THE YOU-CRANE CARBON KEVLAR CARD...don't shoot down any plane without it!
or....
THE MAO REWARDS DOUBLE MILEAGE TRAIL OF TEARS CARD....DON'T GET CAUGHT WITH ONE!
The problem with a lot of the sanctions on goods and services that we are imposing on Russia, is that it doesn't take a degree in rocket science to provide them. And even if it did, Russia and others have plenty of rocket scientists.
Correct. This is neither rocket surgery or brain science.
Ah, you mention Russian rockets.................
http://www.foxnews.com/science/2014/07/17/us-too-dependent-on-russian-ro...
Have not heard sactions including these little babies.
Visa is bigger crooks than the Americans Bitchez
The guy should have no money on his Visa cards anyway, as Putin introduced a law a year ago that barred top Russian officials from holding foreign bank accounts and stocks.
How did Putin know?
http://www.nytimes.com/2013/02/13/world/europe/putin-aims-to-limit-offic...
He is a private person.
The law, which you point at, is aimed at governmental employees.
read it once more, top-down please.
would that the world were ruled by laws not men.
even obama knows its not true.
Wait until AMEX gets crushed. The Blackcard will have a funeral.
Washington DC is shooting themselves in the foot. 25+ years of iran sanctions never caused a dent in the global market. Zionist are animals who are dispised worldwide. US needs to defund these child killing bastards.
Think I'll get a chinese credit card too...
Excellent!! One of the worst parts of living/working in China is the difficulty in *not* having a Visa/Mastercard. You can't even get a bank accout with the symbol on it but I have 4 active Unionpay cards and none of these banks cater to the whims of the IRS. Expand please! The fees are less and the rules about paying are easier to deal with :)
I'm going to start making my own. Fuck the chineezez.
AmigoCard. Just sent back the royalties for my marketing work.
/hahahahaha.
It seems the US finally gets blessed by God.
Off topic, but Rusky related...
Russia has passed a law requiring bloggers with more than 3,000 readers to obtain a license from the government to 'fight extremism' on the internet. [The real purpose is to implement political censorship over mass communications. We expect other collectivist governments to publicly criticize Russia for denial of free speech and then enact similar laws.] BBC 2014 Aug 1
Link: http://www.realityzone.com/currentperiod.html
So Feinswein tries, and Putin succeeds.
Either way- free speech suffers.
After all, it' not as if there's a war on or anything- exactly the time when free speech is most important...
http://www.popularresistance.org/feinstein-wants-to-limit-who-can-be-a-j...
That just a pussy riot!
"Russian Oligarchs Wave Goodbye To Visa, Switch To Chinese Credit Card"
lmfao.
I waant a Chinese UnionPay Credit Card - You can get one and get ATM cash through Citibank
Obama has caused so much harm and has made so many powerful enemies including the Military and Military Industrial Complex that I wouldn't be surprised at all that one morning he simply resigns and we all move on.
The "system" cannot accept 'decline'. The system punishes bad apples all the time.
The president will be persecuted by the system, sooner or later during and even after 2nd term is over, assuming he finishes the 2nd term in the office. That is my view
The system neither forgives nor forgets.
The US Military and MIC? LOL! Yeah - they like the rest of Amerika - Congress, courts, intel, state givernors, sheriffs have done f**k all to stop this police state and you know who. They are all General Petreaus sell outs. No honor at all. The absolute worst was the press/media/Hollywood who are part of the evil.
Do not let your kid or any realtive enlist because they will be used and killed like The Seals et al.
Young kids getting f**ked over endlessly like Vietnam and the list goes on and on. All bankster wars. Or your kid will become a Blackwater/Xe like those f**ks at Bundy Ranch pretending they worked for the BLM. The ones who killed some of Mr. Bundy's cattle and would have killed civilians except they were outgunned.
The US Military backed the banksters/govt against The Bonus Army. The traitors in that included younger Patton, Ike and MacArthur. MacArthur was on of the biggest worthless f**ks in history. Patton finally figured out the game and they killed him in Germany. The only military man backing the Bonus Army was (eventually General) Smedley Butler. Butler supported the Bonus Army. Patton used tanks on the Bonus Army. Tanks were used again at Waco.
And where was the US Navy when the USS Liberty was being attacked? They stood down. The first ship to arrive and provide aid was Russian. And who was the Admiral that day? The name was McCain. And which Admiral evetually spoke out and his kid was arrested and later died mysteriously in Paris is the tribe section of town? Morrison.
Unfortunate and sad, but TRUE facts about the way some officers have been traitorous tools for the elite and as always fucking the stalwart enlisted troopers.GEN. Smedly said it the best when he related he was a paid thug/enforcer for the elite in implementing their international interests/policies.Bonus Army(sans DC encampment) redux-the elite are still scared of the Veteran(s)...look at DHS stance towards fear of potential radicalized right wing combat vets that have balls and skills to upset applecart
You don't believe he will have a 3rd term?
Wait; what? I thought this was already Cheney's fourth term.
Add another one...
An international arbitration panel in the Netherlands, after nearly ten years of hearings, has ordered the Russian government to pay $52 billion in damages to shareholders in the defunct oil giant Yukos. [The finding was that government officials under President Vladimir Putin manipulated the legal system to bankrupt the company and confiscate its holdings. The money, if Putin agrees to pay out, will be divided between four Russian oligarchs, but Russia will be allowed to keep the giant oil company.] Telegraph 2014 Jul 28 (Cached)
In other news, a secret panel in Moscow has ordered the Russian government to send Polonium to the four oligarchs from Yukos who stole people's oil.
Hey, don't knock it till you used it. Polonaiska Vodka, it'll knock you on your ass.
none of those oligarchs were "Russian" - there's now 5 of them [as parties to the suit], and at least 3 now live in Israel.
Where is the problem ? Russia is simply charging an additiotal tax on these windfall profits. 95% is a good rate to start with. Even then there would be an extraordinary return on investment left for the former Yukos sharholders.
We don't see too many positive trends in the world these days. But the tendency to laugh at the predators-DBA-USSA, and show how [increasingly] easy it is to evade their threats... is a positive trend. If only the sheeple start to learn that behavior. Shrug.
It's more of a window into the worldview of America's ruling class. They start out in academia, in the liberal arts, where the students basically compete to outdo one another in sycophancy to earn top grades. Then they move on to government, where citizens accept their diktats or face prosecution. They are poorly prepared for the commercial world, where transactions are voluntary, and you must offer value in exchange for value, not threats.
1/2 a Nigga
and what he's learned from the whites is worse.
Yeah, I'd like one too. Get me one, and me love you looong time ! :)
Wait until Obama comes back with another sanction reply. No golfing for Russians could be the next attack.
/sarc
rofl....a CHINESE credit card???? How utterly stupid is that?
As stupid as Western credit cards.
Not as stupid as you might think. Chinese credit cards don't try to fuck me over every chance they get.
They basically assume that you will carry no balance and pay it off every month. If you carry a balance for over 3 months you get blacklisted. Interest for carrying a balance is based on the full amount (so if you owe 5000 and pay 4999.9, interest is based on the 5000 still). But it's only 0.05% per day and doesn't compound (you dont get charged interest on the interest). So, say you sat on a balance for 1 year and somehow didn't get blacklisted and they didn't cut up your card. Your interest rate would be 18.25%, which compared to US cards is jack shit. And as it's assessed on a per-day cycle, rather than per-month, if you are a day or two late, they don't care... call the bank apologize, they extend the grace period. No "gotcha" crap, no tricks, no jumping through hoops, to even get one you have to prove income and assets and the limits start low. Debit cards also work the way debit cards should. No reordering of charges, no NSF bullshit, when you don't have enough you just don't have enough and the charge won't go through... because the system is real time. Let's say you built a setup to do fast swipes and try and beat the system. The system ain't dumb, it's FIFO, one will get through, the next one will get denied. If on the off chance you managed to somehow rig a system to allow you to do it and extract more than your balance, they get to assume it was intentional unless you can document otherwise... and welcome to assfuckland if it's any serious amount of money because they know exactly who you are, where you live, where you work, etc. The system is tight that way, because with 1.3 billion users, it has to be.
Say you go credit card, max it out and just don't repay. Enjoy prison. Under the law it's treated the exact same as if you robbed a bank. If shit happened outside of your control and there is literally nothing you can do to repay, they *might* cut you some slack, but it's up to you to document it and prove it in court when they sue you.
So no, in summary, not as "stupid as western credit cards". Chinese cards are just a 1-month interest-free loan. The way the damn cards were intended to be from day 1. And because of that, the rates are cheap, there's no bullshit, and people who should not have cards don't get em.
A Chinese bank loaning you Uncle Sam's debt (you future tax dollars) is probably not as stupid as giving that same Chinese Bank your money to "hold on to for safe keeping".
This whole scam is a riot; at least we have a good sense of humor.
The latter not being as stupid as giving the Federal Reserve custody over your gold, as Germany found out.
Not sure why the mockery - maybe charging less than 20% interest is mockable? I would drop Visa in a second if a non-userious alternative existed. Looks like unintended consequences just gave UnionPay a big boost.
You consider US credit card and US bank business wise, if Chinese you claim to be stupid?
by the way, in the 13-th century Marco POlo brought the first paper money from China to Venetia, this stupid chineese idea, indeed turned stupid by money changers, running the USA.
2 billion people don't leave home without it.
From Bretton-Woods >to end of cold war>to only three major currencies>to the integrated global market+the fracturing of markets into several diifernt spheres of influence+major trade wars erupting= a new pardigm introduction(new currency/WTO Bank undercover of unifying a terrible global mess and bringing about a capitalist/market dynamic....consolidation and M&A that always manifests in any marketplace that benefits the global consumer/citizen.
The Chameleons UK - Tears
The poor fucks are grasping at straws. Enjoy the link above, find your way thru the fog. Winks.
The incessant whining and mewling of these chinless, pancil-neck Brit Zio-faggots is, quite frankly, getting rather tiresome.
Here's how UnionPay describes the U.S. as a destination to its customers:
"The US is a developed and highly modernized country. Its rich natural resources and diversified culture make it an extremely charming touring destination."
We're charming.
Nope.
They described the country, not the fuk-wits who live there.
the sun never set, and the blood never dried.
High Diplomacy.
When is someone going to cutoff Barry's credit cards?
His home town Chicago began selling off the Chicago Skyway as well as parking meters to get much needed cash.
A bankrupt president from a bankrupt city and state.
When is somebody going to cut off Barry's balls and turn him into a gelding?
Oh wait...
Rentboy may be nearing his "expiration date."
Let's wait and see what TPTB do...
I' missing something.
What's the reason for all these sanctions against Russia?
Not for the plane they didn't take down, I assume.
The Russians want to bring down the corrupt petrodollar. The US deep state is unloading a holy-fuckload of evil dirty tricks out of its *6 demon bag.
In other words, the usual.
*for all you Jack Burton fans. http://youtu.be/pBK8hBG0ozA
To be generous, to discourage the Russions from encouraging Ukrainian rebels to be belligerent assholes. Of course, people who live in glass houses should be careful throwing stones at belligerent assholes.
The Boorst / Fried Rice card - it's everywhere the NSA wants to be!
I'm stockpiling dollars for when the crash happens and inflation in the U.S. skyrockets - toilet paper will cost $100,000 per roll. But I'll be in good shape because I can wipe my stinky butt without worry - that's what the pile of dollars is for.
The best part, which I discovered by accident, is that the paper dollars can be laundered and come out smelling like new. I left a fiver in my jeans and washed the jeans in the washing machine and then the dryer. Unfortunately for me, Canada switched to plastic bills from the nice linen ones.
Was up in Vancouver last week and I pulled out some cash to pay for some groceries. The guy saw that I had one of the old $20 bills and actually offered me $21 for it.
Rube, you should have gotten closer to 22 Canadian $ according to xe.com
Ukraine's war may have a second front.
Linked from vineyardsaker blog comments:
http://translate.yandex.net/tr-url/ru-en.en/www.yaplakal.com/forum1/topi...
"Communicated only with the Prime Minister of the people's Republic of Subcarpathian Peter Gecko.
In Transcarpathia so-called predvolena. What it will grow, will understand in the course of two days. Citizens of the people's Republic of Subcarpathian against the mobilization of the criminal fascist war of Kiev. Citizens of the people's Republic of Subcarpathian demand autonomy.
Everything is decided at these moments. Hopefully that will open the second front. I think that Kyiv will SAG and get scared. Kyiv has no power to deal with the Russians and Hungarians."
"Elena says: rebellion in Transcarpathia...all the roads are blocked. trains stop...taken under protection of strategic objects rebels... Rusyns rose with weapons ... the Movement between villages through checkpoints only in the presence of people who personally know the person... the epicenter of resistance Mukachevo... the inhabitants of Transcarpathia refuse to serve in the army okraji and demand autonomy, adopted in 1991. Information has already appeared on the radio.....call friends and get information first hand... long live the Republic of Subcarpathian Rus !!!"
I wonder if the russian soldiers stirring up trouble there will also post pictures of themselves on FB and instacrap?
http://money.cnn.com/2014/08/01/technology/social/russian-soldier-ukraine-instagram/
they'd get massacred and it wouldn't even make the papers.
Iron Curtain redux. Great job, "representatives".
Be seeing you. In court.
TSA: Visa?
Timchenko: I throw away. Do not reach me or I must break you.
Timchenko vs. Visa video.
Notice the illusion that if nations extend the conflict pain down to the citizen-level, that it will some how discourage citizens. Population bombing, attrition, famine, etc...
Countless examples this past century, to start. Instead, it just pisses them off. Non combatants happen to be very flexible and resourceful.
The extended lesson of the please-god-soon-departed-administration is that Chicago-style politics doesn't work beyond Chicago.
The us is a spent power in the death throes and lashes out blindly .
And consumes the seed corn. What future is there for Visa and MasterCard, now that the world sees them as tools of the US Fedgov?
The most dangerous animal there is.
OT.
Remember this BIG MOUTH? Saying he will kill militia? Well he is POW
Is that Ukraine, Gaza or Syria?
Dunno, but it looks like they've got those AK-74's. I want one.
Turns out it was a fake capture of a Ukranian soldier. Read comments if interested.
http://translate.yandex.net/tr-url/ru-en.ru/voicesevas.ru/news/yugo-vost...
Is it true those Chinese credit cards smell like formaldehyde and also function as a free pass to shit on the side of the road?
Why would you need a pass?
Plus you can use some Fiat FRN to wipe.
Money (Credit in developed economy) is both a store of value (based on trust) and a medium of exhange.
BRICS are not ready to have their chosen currency to become an alternative to US$ as a store of value. But they say let's start with having an alternative to the US$ as a medium of exhange. This should also reinforce/expedite the larger ambition.
It is the same long term strategy to eat your lunches one scoop at a time until you wake up and find that your core credit system has gone. They too have the same data mining, profiling and algos to monitor your spending behaviors.
Rather amusing.
The oligarchs will adapt and DEVELOP NEW ALTERNATIVE METHODS and a kick in the nuts to the current system. All my life I have seen this ingenuity in all, rich and poor alike. So a Chinese credit card? Well we live in a capitalist world do we not? Or so we are told so can I sign up to one? Or maybe a Chinese bank to hold your hard earned savings before any bail-in.
Reckon these oligarchs could show the way out of the current thieving economic system before the final bail in.
Union Pay "That will do nicely, Sir" American Express Platinium forget it.
China UnionPay website:
http://en.unionpay.com/englobalization/all_globzlization/enus/en_usa_a/
UnionPay U.S. Customer Service: CUP has established the acceptance of CUP cards in the US since December, 2005. The customer service hotline of CUP in the US is 866-567-5516.
Obama's arrogance has pretty much buried the US. The financial system is not weapon. It is a network of trust. We benefitted from being trustworthy. Then we let a clown with no understanding of what it takes to build or maintain anything take charge of everything. He has devolved into an African warlord mentality that does not work in Western civilization. Whoever comes after Obama is going to have a bad ride. The anti-US momentum is massive. Bush sucked too. But Obama could have easily fixed the problems.
You can take the Kenyan out of Kenya, but you can't take Africa out of the African.
Backdoor Barry has the IQ of a rock.
Geez, if you are going to appoint a puppet, use one with some actual intelligence who is willing to go along. Do NOT hire some moron with a lot of phony college degrees.
TPTB could really have used a Parrot and got the same result. Cheaper, too!
"in some ways it is more secure than Visa - at least the Americans can't reach it."
yep - you communists are safe with the other communists running things
wonder when China will invade Siberia for resources - Russia sure as hell can't defend it
Probably when they don't care if Beijing gets nuked.
Russia is the only country in Europe that can turn its back on the West and face East. It will be a cold winter in Western Europe and Russia will supply China oil and gas. When it comes to money this is the beginning, if western banks are going to mess with Russia, Russia will borrow from Chinese institutions and why not! As the currency war heats up, expect a gold based BRICS trade certificate in the coming months, then expect the West to foist a hot war on Russia's ass. The West will not get the war in the Ukraine on their terms, Russia has what they want, a controlled battle field in the Ukraine which they are winning. The war in the South East Ukraine can go on for a long time exposing the West to rising cost politically and Russia will succeed. NATO and America have nothing but bluster and a threat that Russia knows they will never follow through on unless America is run by sociopath nihilists. Total war with Russia is not an option or a solution unless General Ripper is running the show. Lastly, the Ukraine will not fully get its grain crop off this fall, bread prices in Europe will rise and if the war lasts into the fall the Ukrainian nation will have committed state suicide. The Ukraine will never exist as we knew it, much like Syria and Iraq, permanently fractured and in civil war. The cold winter in Western Europe will only be heated by the big mouth leaders who spew propaganda on our ass.
Agree with everything you said. Unfortunately I believe that the US is being run by a bunch of sociopaths/psychopaths. Hope I'm wrong, but fear that I am not.