Posted by BH
FROM FREE ZONE MEDIA WFZR
Is Obama taking orders from Commie Putin?
And aren't they hugging just a little too closely? Ugh!
NYT reposts Putin needs oil at $150 to Pay for Campaign Promises
Will the Russian Czar foment turmoil in the Mideast to drive up oil prices?
From flashtrafficblog :
Vladimir Putin made a lot of promises to voters in his recent run to reemerge as the President of the Russian Federation — about $160 billion worth of promises, to be more precise. Among them:
* He promised to increase Russia’s military budget by $787 billion to make the Red Army a far more advanced and aggressive fighting force.
* He promised to pay parents an $8,300 bonus for having a third child (given that Russians are having so few children that their population is steadily contracting and the Russian civilization is dying off).
* He also promised to increase pay for teachers, doctors and retirees.
* He also wants to build a “Eurasian Union,” a political/military/economic alliance – possibly with a common currency — with Belarus, Kazakhstan, and other Muslim former Soviet Republics to become a regional (and possibly global) powerhouse, possibly by 2015, or even as soon as 2013.
The problem is the Kremlin can’t possibly pay for all these promises unless the price of oil averages $150 a barrel, and oil prices have never consistently stayed that high and currently are averaging about $120 a barrel.
Another, more ominous possibility, is that Putin is going to find a way to significantly drive up the price of oil, perhaps by fomenting turmoil in the Middle East.
Also from flashtrafficblog this evening:
“A Russian military unit has arrived in Syria, according to Russian news reports, a development that a United Nations Security Council source told ABC News was ‘a bomb’ certain to have serious repercussions,” reports ABC News. “Russia, one of President Bashar al-Assad’s strongest allies despite international condemnation of the government’s violent crackdown on the country’s uprising, has repeatedly blocked the United Nations Security Council’s attempts to halt the violence, accusing the U.S. and its allies of trying to start another war. Now the Russian Black Sea fleet’s Iman tanker has arrived in the Syrian port of Tartus on the Mediterranean Sea with an anti-terror squad from the Russian Marines aboard according to the Interfax news agency. The Russian news reports did not elaborate on the Russian troops’ mission in Syria or if they are expected to leave the port....Moscow has long enjoyed a cozy relationship with the Assad regime, to which it sells billions of dollars of weapons. In return Russia has maintained a Navy base at Tartus, which gives it access to the Mediterranean.” Developing....
To read all the senarios that Putin may incite in the Mid East, go BELOW and of course, make a comment.