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The Dow Below A 1000? Sino Russian First Strike Against America & NATO?

Sep. 19, 2014 7:16 AM ETXOM, SDRL, NADL, RNFTF3 Comments
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The best way to help the West and slow Moscow's military development is to develop Oil and Gas in each corner of the world, especially the West. Hopefully lower oil prices like those that were obviously created by Reagan and the Saudi during the mid to late eighties would strengthen Western economies and put a severe strain on an oil dependent economy like Russia. I consider the current sanctions as gradual, long term and will provoke Russia to consider a first strike, as over to capitulate to the American left, who's world view they have public contempt and disdain for. What the American left has forced upon the US public, they will never be successful forcing upon Russia and China.

However, the approach that we are now taking cannot be separated from the one that we adopted in 2007-8, when America was sold a huge lie. The lie was as to how wind and solar power would deliverer America from oil and gas dependency within two quadreniums. We were also told that we could never drill our way out of dependence upon imported oil and gas. This was a political mantra all about change and hope. However, wind, solar and biofuels are nowhere near ready to replace conventional energy, yet the same group of people that prematurely and fraudulently sold the majority of Americans on wind and solar have taken over the EPA. They have also severely curtailed operations and caused major layoffs in the coal industry. Its seems as though if a black face is because of coal soot, your job and life don't matter to this President, the larger half of the US Senate and the EPA.

To digress, I would imagine that the Russian KGB knew this very well in 2007-8, and may have been very surprised to see that the American public was so gullible. Most people actually believed that America could borrow half a trillion dollars and invest in wind, solar and biofuels in order to transform our economy and in turn our world. The Russian's and especially the Chinese were very aware of the rare earth metals that were absolutely necessary to manufacture the components necessary for solar and wind energy. China simply decided that they would limit Rare Earth exports and it forced many companies to move their green manufacturing plants to China. America's left has created perhaps the best Chinese green job program in history.

During the 1960's Russia built giant lasers for missile defense. When Reagan came along with the Star Wars concept, he was met with an opposition picture of hungry starving US children, while he tried to direct spending billions on preparing in order to be able to protect America from and if necessary destroy other nations with ease, he was derided into abandoning Star Wars. With Bill Clinton's help, China has weaponized outer space and Russia has more in store with Lasers than I surmise that we could imagine. After all Vladimir Putin has indicated "defensive weapons can be quickly converted to offensive capacity". How well this jujitsu expert with a PHD in economics understands!

Indeed it was unthinkable in 2007-8 for anyone other that Sarah Palin and the Drill baby drill crowd to open up our Atlantic Coast for Oil and Gas drilling. However, not only would Western and Central Europe love to have our coal, they have begged Obama to open up the Atlantic, and of course just recently the moratorium has been lifted in order to allow drilling in the Atlantic Ocean. However nothing is expected from the Atlantic for at least 6 to 10 years. Imagine had we been able to begin such in 2000 to 2008. By now Western and Central Europe would probably not be able to be threatened and greenmailed with high oil and gas prices from Russia. However, the media would have been fed so many Solyndra type lies to the public and the mantra against such would have been so great, that it was politically impossible until the invasions of Georgia and the Ukraine for the American public to understand. Does anyone remember that this was theme of Sarah Palin? Does anyone dare compare Sarah Palin, on energy with Barack Obama?

As in the case of 9-11 so many people are unable or I think better afraid to connect dots and understand what certain facts might well add up to. I have included two such in my blog this AM. Indeed these are matters that I have long considered.

Exxon reportedly halts drilling at Russian Arctic well

Sep 18 2014, 19:15 ET | About:

Exxon Mobil Corporation (XOM) | By: Carl Surran, SA News Editor
  • Exxon Mobil (XOM) has halted drilling at the Universitetskaya-1 well off Russia's remote northern coast, Bloomberg reports, in what would be the first tangible evidence that sanctions are slowing energy investment in the country.
  • Work is said to have stopped a few days after the U.S. and EU barred companies from helping Russia exploit Arctic, deepwater or shale oil fields.
  • U.S. sanctions gave American companies until Sept. 26 to stop all restricted drilling and testing services, which means XOM and Seadrill's (SDRL) North Atlantic Drilling (NADL) unit would be under the gun to finish or temporarily seal the $700M well they are developing with Rosneft (OTC:RNFTF).
  • "This has been one of the most-watched wells in the industry, so this is a huge deal," an analyst says.

Russian general says his country's nuclear weapons should now target NATO nations

David Pugliese More from David Pugliese

Published on: September 12, 2014Last Updated: September 12, 2014 11:04 AM EDT

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A Russian general has called for Russia to revamp its military doctrine, last updated in 2010, to clearly identify the U.S. and its NATO allies, including Canada, as Moscow's enemy number one and spell out the conditions under which Russia would launch a preemptive nuclear strike against the 28-member military alliance, the Interfax news agency has reported.

The article, carried in the Moscow Times notes:

"First and foremost, the likely enemy of Russia should be clearly identified in this strategic document, something absent from the 2010 military doctrine. In my view, our primary enemy is the U.S. and the North Atlantic bloc," General Yury Yakubov, a senior Defense Ministry official, was quoted as saying by Interfax.

The full article is here:

http://www.themoscowtimes.com/business/article/russian-general-calls-for-preemptive-nuclear-strike-doctrine-against-nato/506370.html#?1#?1#WebrootPlugIn#?1#?1#PhreshPhish#?1#?1#agtpwd

In case your wondering what this means to the Stock Market, well how about a Dow that is under 1000 and a Cellceutix that never trades again. Unthinkable, that's what almost everyone other Jimmy Doolitle, Douglas McArthur and George Patton said about Pearl Harbor prior to December 7th, 1941. Remember how prepared we were for World Trade Center prior to September 10, 2001.

To the laugh of Putin and Li Keqiang, America's military has become a politically correct turf board for errant special interest groups. As one Russian General put it, "America's Lions are controlled by Deer's." Biofuels cost 9 to 10 times what normal diesel costs. Is it worth borrowing from China and the rest of the world to do? Yes, say's the green left.

Ella Ruth

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