Thursday, January 29, 2009

Russia Consensually Agrees To Financial Culprit As It Sucker Punches Worlds Energy Resource Cravings

Well, you can't blame the guy, Energy Security Is The #1 Issue on every governments agenda.

I guess I'll have to keep on repeating this issue.

I mean you gotta have some gasoline to put into the Benz to drive to the Bank to print more monopoly money. And so in the mean time the last country standing that holds the resource card, WINS!

Nice sucker punch Mr. Putin.

The Speigel Flash Graphics best sums it up.

Ron Fraser is sharp as ever. - Johnny

Davos Meets During Crisis in Europe

January 29, 2009 | From

As the World Economic Forum meets in Switzerland, signs of deepening crisis mount on the Continent. By Ron Fraser

As the movers and shakers at the top of the global economy meet for their annual talkfest in Davos, Switzerland, how many will recall the unbelievable declaration the then-U.S. secretary of state, Condoleezza Rice, made about the condition of the U.S. economy just one year ago in Davos?

In her opening address to the World Economic Forum in January last year, Rice stated that “The U.S. economy is resilient, its structure is sound, and its long-term economic fundamentals are healthy.” She went on, “America has no permanent enemies; it can be friends with any country that shares its values and believes that diplomacy can make a world where enemies become friends.”

Perhaps that is what the bankers and the broken brokers of Wall Street really believed as they frantically worked to fill the derivatives bubble to bursting point last year.

Today, it’s a different story. One wonders what tricks Davos keynote speaker Russian Prime Minister Vladimir Putin has up his kgb sleeve for delivery to Davos and the world at this year’s conference. He has already publicly declared what French President Nicolas Sarkozy only hinted at in September last year: that the whole blame for the global economic and financial crisis can be pinned on America.

Click for entire article



Russia Unveils Aggressive Arctic Plans

By Matthias Schepp and Gerald Traufetter

In a new national directive, Russia has asserted claims on large sections of the Arctic Ocean. The tone of the document is openly aggressive, prompting fears of increasing international tension over who has the right to exploit the mineral-rich territory.

Cold temperatures and boredom are normally the order of the day at Russia's northernmost border post on the Arctic Ocean island of Alexandra Land. Icebergs as big as houses drift past, while old diesel drums stand silent in the dry air.

Click for entire Spiegel article

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