Russia has genuine strategic interests in Crimea, mainly the naval base which gives it access to southern oceans. Otherwise, its ports are on the Baltic sea or Northern Pacific, a long way from the Mediterranean and Syria, for example. Meanwhile, the US and Western Europe are mainly interested in the abstract principle of preventing the change in national boundaries by military force. That is an admirable principle, but the US has dishonored it by acquiescing for decades in Israel's annexation of territory conquered by its military. For Jewish money, the US has been glad to disregard international law as it applies to Israel. Will it do the same for Russian money? Politico says, "Yes," in one of the most cynical, damning articles that I have read about the loss in integrity in the west, "Why Russia No Longer Fears the West." It says that Western Europe is so greedy to get money from the Russian oligarchs that it will not challenge Putin. Although the article cites the Magnitsky Act as evidence of greater courageousness in the US, it's not much. American banks are just as anxious to get Russian billions as European banks, despite the Dodd-Frank bill, which would put a few more restrictions on American banks, if it ever comes into full force.
My guess is that Ukraine will end up being partitioned in some way, preserving Russian influence at least in Crimea, if not in all of Ukraine. Putin would prefer to keep all of Ukraine in the Russian orbit, but may be willing to compromise to avoid a wider war or draconian sanctions on Russia. I would guess that he wants Kiev more than western Ukraine, since it was the ancestral capital of Russia, predating Moscow. The Polish Ukrainian border has moved east and west over the centuries, and part of what is now Ukraine used to be part of Poland and part of the Austro-Hungarian empire, but a Ukraine that did not include Kiev would not be much of a country. So, I would guess that Putin's first choice will be to keep all of Ukraine in the Soviet sphere of influence. Perhaps the West can negotiate some sort of compromise, but when Yugoslavia disintegrated, the West facilitated its partition along ethnic lines.
Monday, March 03, 2014
Wednesday, February 26, 2014
Howard Kurtz Sells Out
I am disappointed at Howard Kurtz for moving to Fox without maintaining his journalistic integrity. On Fox's "MediaBuzz" he slants his reporting to the Fox line, and just in case he doesn't, he has his pretty, blond minder along side to keep him in line, just like the North Koreans and old Soviets assigned a minder to watch visitors and make sure they didn't see or say anything that the government didn't want them to say. Pravda's editorial policies are alive and well at Fox, and Howie is towing the line. He was better at CNN's "Reliable Sources" than the new guy at CNN, but the new CNN guy, Brian Stelter, has more journalistic integrity now than Kurtz has at Fox; so, his show is better than Kurtz's. I hope that Kurtz is getting paid lots of Fox money to disgrace himself.
Now it looks like Maria Bartiromo is going to follow Kurtz down the Fox media hole for money.
Now it looks like Maria Bartiromo is going to follow Kurtz down the Fox media hole for money.
Monday, February 24, 2014
Russian Empire
Yesterday on Fox, George Will said that Russia had to learn to accept its loss of empire -- Ukraine -- as the British did. But I think it he looking at the wrong countries that left the empire. Ukraine is not like India or the Burma, but to Russia it is more like Scotland or Ireland. Scotland is still part of the UK despite a long-running effort to separate, and there was a bitter terrorist war in Northern Ireland over the empire's control which might not be entirely extinguished today.
Not only is Kiev in many ways the first capital and heart of Russia, but the Crimea on the Black Sea is one of Russia's most important naval bases. It is unlikely that Russia and Putin will quietly walk away from these ties, although they may eventually have to give them up. I doubt they will go quietly, whether it means actual fighting or not.
However, I thought during the breakup of the old Soviet Union that the independence of the Baltic countries -- Lithuania, Latvia and Estonia -- was a step too far that would be resisted by Russia. I was wrong; they have been some of the most successful of the old Soviet satellites. But I am guessing that Putin regrets what happened with the Soviet Union disintegrated, and will not let Ukraine go quietly into the night.
We'll see.
One issue that seems to cut both ways for me is the Russian economy. It's not in good shape, and is unlikely to get better as fracking reduces natural gas prices and oil prices along with them. Oil is Russia's main source of foreign exchange. This Russia will be weakened in whatever it does to retain Ukraine, but on the other hand, because of economic pressures, it will be loath to lose an important partner and ally.
Not only is Kiev in many ways the first capital and heart of Russia, but the Crimea on the Black Sea is one of Russia's most important naval bases. It is unlikely that Russia and Putin will quietly walk away from these ties, although they may eventually have to give them up. I doubt they will go quietly, whether it means actual fighting or not.
However, I thought during the breakup of the old Soviet Union that the independence of the Baltic countries -- Lithuania, Latvia and Estonia -- was a step too far that would be resisted by Russia. I was wrong; they have been some of the most successful of the old Soviet satellites. But I am guessing that Putin regrets what happened with the Soviet Union disintegrated, and will not let Ukraine go quietly into the night.
We'll see.
One issue that seems to cut both ways for me is the Russian economy. It's not in good shape, and is unlikely to get better as fracking reduces natural gas prices and oil prices along with them. Oil is Russia's main source of foreign exchange. This Russia will be weakened in whatever it does to retain Ukraine, but on the other hand, because of economic pressures, it will be loath to lose an important partner and ally.
Thursday, February 13, 2014
Comcast To Buy Time Warner Cable
This Comcast-Time Warner deal is clearly an agreement in restraint of trade that should be blocked by antitrust laws, but probably will not be. These huge deals creating a few dominant companies in almost all sectors of the economy are bad for America in the long run. Google-Yahoo, JP Morgan-Goldman Sachs, Comcast-DirecTV, GM-Ford, United-Delta Airlines, all of these, and more, oligarchies dominate their markets. They can largely ignore their customers, because their customers have little or no choice. If you want this service, you have to work with two or three companies; that's it.
Obama is a Democratic President who should be concerned about this, but he and his attorney general, Eric Holder, are too concerned about gay marriage and killing American citizens with drones to worry about antitrust issues. We might as well have George W. Bush as President.
Obama is a Democratic President who should be concerned about this, but he and his attorney general, Eric Holder, are too concerned about gay marriage and killing American citizens with drones to worry about antitrust issues. We might as well have George W. Bush as President.
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