Woke Democrats and Environmentalists will scare off our allies.

The Russian invasion of Ukraine has set off radical changes in international relationships. The US and other (not all) European nations have imposed severe sanctions on Russia designed to destroy its economy. The precedents set are not all positive. First Ukraine has defined corruption for years. The Biden family and even Mitt Romney’s family got positions on a Ukrainian gas company’s Board for lots of money and no work except influence. The “Maiden Revolution” in 2014 was engineered by the Obama CIA. It expelled a pro-Russian president duly elected in an election probably more honest than the US 2020 election. Not all agree that it was an honest process.

As Ukraine’s political crisis deepened, [Victoria] Nuland and her subordinates became more brazen in favoring the anti-Yanukovych demonstrators. Nuland noted in a speech to the U.S.-Ukraine Foundation on December 13, 2013, that she had traveled to Ukraine three times in the weeks following the start of the demonstrations. Visiting the Maidan on December 5, she handed out cookies to demonstrators and expressed support for their cause.

The extent of the Obama administration’s meddling in Ukraine’s politics was breathtaking. Russian intelligence intercepted and leaked to the international media a Nuland telephone call in which she and U.S. ambassador to Ukraine Geoffey Pyatt discussed in detail their preferences for specific personnel in a post-Yanukovych government.

Ukraine has remained an economic basket case in spite of the change to a pro-western government.

The furious reaction to the invasion by US officials has alarmed some nations that have remained neutral. Some of them have been our allies, or at least friendly.

In a development that suggests trouble ahead, China’s basic approach—not endorsing Moscow’s aggression but resisting Western efforts to punish Russia—has garnered global support. South African President Cyril Ramaphosa blamed the war on NATO. Brazil’s president, Jair Bolsonaro, refused to condemn Russia. India and Vietnam, essential partners for any American strategy in the Indo-Pacific, are closer to China than the U.S. in their approach to the war.

Western arm-twisting and the powerful effect of bank sanctions ensure a certain degree of sanctions compliance and support for symbolic U.N. resolutions condemning Russian aggression. But the lack of non-Western enthusiasm for America’s approach to Mr. Putin’s war is a phenomenon that U.S. policy makers ignore at their peril.

The dominant role played by the “Woke” left and the Green New Deal enthusiasts in the Democrat Party has concerned many of them. Right now, Democrats hold all three branches of government, although narrowly.

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Worthwhile Reading & Viewing

When I met Putin as a young colonel in the KGB.

Thoughts on Russia and Ukraine, by Vitaliy Katsenelson, an American investment manager who was born in Russia.   Registration may be required–this is the first post of a three-part series.

A historian specializing in Russia has some thoughts.

A proposal to undermine Putin by stealing technical talent.

Don’t Be Preedy…a CB post from 2009 that I ran across while searching for something entirely different.

The Rise of Hot Capital, at Quillette.

And a video on Free Speech and Innovation, from Claire Lehmann and David Perell.

 

The Odessa Steps

The early Soviet propaganda movie, The Battleship Potemkin, culminates in a prolonged and shocking sequence of local citizens men, women and children gunned down by remorseless Czarist soldiers on Odessa’s famed harbor-to-town staircase. The sequence remains a shocker. (And is still studied in film schools, apparently, for being ground-breaking effective and technologically ahead of the time.) Historically, there was never such a massacre on the Steps, but the sequence served as a kind of cinematic shorthand for State brutality aimed at essentially harmless, unarmed, unthreatening civilians in a public place; civilians who were seen to be defying the authority of the State. And so the armed minions of the State acted because even the mildest defiance of Authority on the part of ordinary workers and their families is a stab at the heart of those Authorities. They cannot brook defiance, and so out come the armed police, just as they have this week in the streets of Ottawa with regard to the truckers protesting vaccine mandates. All the forces of the law, with the cheerful approval of the Canadian established media, the intellectual and ruling class it’s really rather breathtaking, this concentrated venom and enthusiasm for breaking heads and bones, all aimed at the workers participating in a civil and well-organized street protest. (It would seem that as far as the RCMP are concerned, Dudley Do-Right and Constable Benton Fraser both have left the building so much for Canadian ‘polite.’)

What will happen now that the ordinary working stiffs of Canada have been so casually abused by their native ruling class; threatened with having bank accounts frozen, their means of earning a living confiscated, themselves arrested, while their pets and children given over to the tender care of animal shelters and the child “protection” authorities? How far will this protest go now, bouncing down the Odessa Steps like a runaway baby carriage? It could be that Canadians, with the ethos of being polite, courteous, and truthful, may be truly shocked, shocked to the point of open rebellion over being consistently lied about and bullied by their ruling elite. In America, our own flyover country residents are perfectly accustomed to being abused as stupid, red-necked rubes by our own elite class. It’s what we have come to expect of NPR, the political ruling class, the New York/Hollywood cultural axis and the inside-the-Beltway-Washington DC denizens; what we have come to expect of them anyway. It may be a new and shocking development to ordinary, working-class Canadians, this contempt for the working class, though. Comment as you wish.

Keep on Truckin’

The Canadian truckers’ protest has been prominent on alternate media although ignored by “corporate media.” After 50,000 truckers got going on the way to confront the Trudeau regime in Canada, millions of dollars were donated to a “GoFundMe” crowdsourcing site. The donators should have checked the history of that outfit because they have a history of refusing conservative causes. One, of course, was the Kyle Rittenhouse case in which they refused to accept donations. Even after his acquittal, they refused.

The trucker funding reached $10 million and GoFundMe tried to appropriate the money to give to left wing causes like Black Lives Matter. Immediate pushback began with Elon Musk.

Now, the threat of charge back fees has caused GoFundMe to retreat and promise refunds.

The backlash against the crowdfunding company was fast, massive and direct. Facing legal action, U.S. state lawsuits and massive charge-back fees from outraged donors contesting refunds through their banks and credit cards, GoFundMe had an overnight change in position:

Now, the Trudeau regime is threatening retaliation, including arrest. The towing companies were first asked to tow the trucks away. They responded that their drivers all had Covid and were unavailable. Then the Mayor of Ottawa threatened them with the Canadian army. The army has responded a refusal.

Paul Vieria, the Canadian correspondent for the Wall Street Journal, tweeted yesterday that a spokesman for Canada’s defence minister, Anita Anand, said: “The Canadian Armed Forces are not involved in law enforcement in this situation, and there are no plans for such CAF involvement.”

Spokesman for Canada’s defence minister, following comments from Ottawa police chief Sloly on possible need for military’s help in trucker protest: “The Canadian Armed Forces are not involved in law enforcement in this situation, and there are no plans for such CAF involvement.”

An interesting report from an Ottawa resident is here.

There is now growing interest in organizing a similar protest here.

The American Truckers formed a Facebook group that as of Sunday has more than 67,000 members.

The page states that they support freedom and they are done with the mandates.

“We are part of many large groups who believe in our founding fathers. We believe everyone has a voice. We support our freedom. Help us spread the word about this group and together we all can make it a better place.. God Bless America,” the page reads.

The group has not yet announced it’s start date but says the convoy will be scheduled soon.

Facebook immediately removed the page. We’ll see.

Not one Canadian provincial “premier’ has supported the truckers.
Not one. However one US Governor has supported their right to protest. Guess who?

DeSantis has announced that the GoFundMe decision to confiscate the donations is mail fraud.
That now appears to be moot as the crowd funding company has retreated from its threat.

What is the next development? Maybe this ?

Does the Bear Market start tomorrow?

Tomorrow, the vaccine mandate for truckers in the US begins. The Canadian border is already affected by the Canada mandate and there is already some pain. Truckers work alone although a small number share driving with wives or other partners. Their exposure to the general public is minimal in their work life. The same mandate by the US will block most Mexican drivers from bringing fresh fruits and vegetables into the US. All three groups of drivers have a low compliance with vaccination. The result will likely contribute to the supply chain crisis, which has only worsened the past few months.

Now, The stock market is showing weakness.

Energy policy has driven up oil, fuel, packaging and gas prices. Transportation costs have skyrocketed. Emission regulations have driven up port costs and delayed transportation; fracturing the supply chain. Vaccine mandates have hit the manufacturing and processing sectors. Legislative policy and COVID spending have artificially inflated the economy. Monetary policy has devalued the dollar and driven even higher inflation.

The mandate will affect 50% of US truckers. Mexican truckers are unknown but Canadian truckers are already demonstrating in Ottawa.

Into this hurricane of stagflation, the fed is going to raise interest rates. The stock market could lose half its inflated value. The NASDAQ is already responding to the storm clouds. Employment is going to start getting really sketchy. Congress will eventually announce their remedy, which will be more spending and the dollar gets worse.

A market expert is predicting a bear market.

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