Latest / International Flavor: Where the Truth Tastes Better / Sanction Day: Russia, Workarounds, Bureaucratic Overreach, and the Global Market Fighting Back

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Sanction Day: Russia, Workarounds, Bureaucratic Overreach, and the Global Market Fighting Back · International Flavor: Where the Truth Tastes Better

• 0:00
  Hello, good morning.
• 0:01
  Welcome.
• 0:02
  I am Samuel Trapp coming to you live
• 0:05
  from the Lake Ozark Real Estate of the
• 0:06
  Arts studio on this fantabulous, fantastical June
• 0:15
  11th day.
• 0:20
  Where are we today?
• 0:22
  There's so much going on.
• 0:23
  I'm having a hard time even putting things
• 0:27
  together.
• 0:27
  There was a dude, an Israeli MP, who
• 0:31
  has a cool little hat that took an
• 0:34
  electric saw to a school gate in an
• 0:38
  Arabic town.
• 0:39
  He's a far right lawmaker.
• 0:41
  His name is Zvai Sutak.
• 0:43
  Zvai Sutak.
• 0:45
  No, Sukot.
• 0:46
  Sukot.
• 0:46
  Zvai Sukot.
• 0:48
  Sparked chaos in Tuba, Zangaria after being denied
• 0:52
  entry into this facility.
• 0:54
  He just took a saw to it and
• 0:58
  cut it apart.
• 1:01
  Very nice.
• 1:04
  We have a lot of people commenting on
• 1:07
  a lot of things.
• 1:10
  There was a Mira Andreeva tennis player who
• 1:16
  was telling us that she's a teenage sensation
• 1:21
  and started thinking about what comes next.
• 1:26
  Her demons tried to get in her way.
• 1:30
  She spent most of her young career being
• 1:34
  talked about as the future of women's tennis.
• 1:37
  She arrived early at age 19.
• 1:41
  This Russian girl won Roland Garros, claimed her
• 1:45
  first Grand Slam title and moved to the
• 1:47
  top of the season's points race, all while
• 1:50
  sounding less like a player overwhelmed by the
• 1:54
  moment than one trying to understand what comes
• 1:57
  next.
• 1:57
  I watched her interview.
• 1:59
  She's very, very well spoken and was very
• 2:05
  pragmatic about it.
• 2:08
  They even asked her about not being able
• 2:13
  to have a Russian flag there.
• 2:18
  She talked about her inner demons.
• 2:21
  I told her a little bit about this.
• 2:24
  It was an interesting interview that she gave,
• 2:28
  and I liked it.
• 2:29
  She has moved to first points in the
• 2:32
  racking.
• 2:36
  Here's the last question.
• 2:37
  Before you, only three Russian women managed to
• 2:42
  win Grand Slam singles titles.
• 2:44
  Anastasia Miskina, Maria Sharapova, and Svetlana Kuznetsova.
• 2:50
  Do you feel a connection?
• 2:52
  I remember Maria Sharapova and Svetlana Kuznetsova used
• 2:57
  to watch them play tennis.
• 2:59
  Tennis is very interesting to watch, but somehow
• 3:01
  I'm not as interested in it with men.
• 3:03
  No, it's not the skirts, but there's a
• 3:07
  benefit to that, too.
• 3:09
  The fact is that women's tennis is more
• 3:15
  interesting to me than men's.
• 3:16
  I don't know why.
• 3:17
  It just is.
• 3:19
  I forget the U.S. sisters that were
• 3:23
  so freaking awesome that played for the longest
• 3:27
  time and dominated everything.
• 3:29
  I'm very poor with names.
• 3:32
  She talked about these women, and Mira Andreyeva
• 3:36
  said, I know all three of these women
• 3:38
  personally.
• 3:39
  I've watched their matches loads of times.
• 3:42
  My mom used to tell me how she
• 3:44
  used to cheer on Nastya, Masha, and Sveta
• 3:47
  back in the day.
• 3:49
  It still feels strange to realize that I'm
• 3:53
  in the same position as them, but it
• 3:56
  means the world to me.
• 4:01
  That's pretty cool.
• 4:03
  You can't show the Russian flag anywhere in
• 4:08
  sports these days, which I think is bullshit,
• 4:10
  pardon my French, but it's just crap.
• 4:14
  Why are we demonizing an entire people when
• 4:19
  you really only have trouble with Vladimir Putin
• 4:22
  and his crowd?
• 4:23
  It's nonsense.
• 4:24
  You wouldn't allow that anywhere else.
• 4:27
  You can't say because you don't like Martin
• 4:32
  Luther King, for example, that all black people
• 4:36
  are demons.
• 4:37
  That's just BS.
• 4:38
  It's a stupid argument, just like it's stupid
• 4:42
  to say that all Russians are horrible, just
• 4:45
  because you mistakenly think that Vladimir Putin is
• 4:50
  horrible.
• 4:51
  He's doing what he wants for his country.
• 4:53
  I mean, a lot of the world thinks,
• 4:54
  I mean, would you take it the other
• 4:56
  way around?
• 4:57
  Donald Trump's an evil asshole.
• 4:59
  Okay, that therefore means all Americans are the
• 5:04
  same.
• 5:04
  No, all of Alma Kogan is dead, but
• 5:07
  only some of the class of dead people
• 5:10
  are Alma Kogan.
• 5:12
  This is the logistical framing of a proposition.
• 5:15
  Logic controls, and there's no logic in the
• 5:20
  arguments against all Russians or Vladimir Putin's a
• 5:24
  bastard, so-and-so's a Russian, therefore he
• 5:27
  too is a bastard.
• 5:28
  What?
• 5:29
  Did you go to logic class?
• 5:30
  I actually took a logic class in college,
• 5:33
  Quincy University, Quincy, Illinois, 1984, I think it
• 5:37
  was.
• 5:38
  And I was like, man, and you had
• 5:41
  to analyze propositions like that all day long.
• 5:44
  And the professor, it was a Catholic college,
• 5:46
  and so some professor, what was his name?
• 5:48
  Father Aaron or something like that.
• 5:51
  Well, you know what?
• 5:52
  I think he was in a different class.
• 5:53
  It doesn't matter, but some priest was teaching
• 5:56
  the class.
• 5:57
  And I'd go up afterward and go, well,
• 6:01
  you're talking about this class of dead people
• 6:03
  in the proposition that you send to us.
• 6:07
  So the proposition is that, like I said,
• 6:10
  all of Alma Kogan is dead, this class
• 6:12
  of Alma Kogan is dead, so-and-so
• 6:15
  is Alma Kogan, therefore he must be dead.
• 6:20
  Well, I guess that doesn't really work.
• 6:23
  And so you have to figure out how
• 6:24
  your analytical propositions get in there.
• 6:26
  It was a very fun class, and it
• 6:27
  was on an analytic thinking.
• 6:30
  You ought to buy some of these on
• 6:32
  analytic equations, analytic propositions, because it's like the
• 6:36
  eternal word problem.
• 6:37
  I always enjoyed word problems in school, and
• 6:40
  most kids hated them.
• 6:41
  You got this long paragraph, and at the
• 6:43
  end, you're supposed to figure out what time
• 6:46
  the train arrives in Timbuktu.
• 6:49
  The train left it here, it stopped here,
• 6:51
  picked up so-and-so, and they give
• 6:53
  you all this crap that has nothing to
• 6:54
  do with it, and you got to pull
• 6:55
  out the stuff that has something to do
• 6:57
  with it in your question.
• 6:58
  Those are fun, and they cause you to
• 7:00
  think.
• 7:01
  And then you have logic problems.
• 7:03
  I don't know.
• 7:03
  You used to buy those logic puzzle books.
• 7:05
  Have you ever looked at those, and they
• 7:06
  give you the if-then propositions?
• 7:08
  You go through them.
• 7:09
  If you're interested in that kind of thing,
• 7:11
  buy a damn logic book, but don't listen
• 7:13
  to the fact that just because you wave
• 7:15
  a Russian flag means you need to be
• 7:17
  a bastard or that you're hated.
• 7:19
  It's bullshit.
• 7:20
  Bad propositions all the way around.
• 7:23
  So I don't allow that on this show.
• 7:25
  Oh, let's talk about Jim for a minute.
• 7:28
  Jim gets to call up and say, all
• 7:30
  the other people are, what does he say?
• 7:33
  What did he call me the other day?
• 7:35
  Oh, yeah.
• 7:36
  Everybody else is a bigot on that channel.
• 7:38
  Therefore, you're a bigot.
• 7:39
  What?
• 7:40
  It just makes no sense.
• 7:43
  If you're going to call up and have
• 7:44
  a proposition, at least have a logical proposition
• 7:47
  or be able to back it up.
• 7:50
  Remember, all of Alma Kogan is dead, but
• 7:53
  only some of the class of dead people
• 7:55
  are Alma Kogan.
• 7:58
  So there you go.
• 7:59
  There you have it.
• 8:00
  And we've talked about the Russian teenage sensation
• 8:02
  who plays tennis and was not able to
• 8:06
  carry the Russian flag, but was very pragmatic
• 8:08
  about it in her interview.
• 8:10
  I will let you watch that on your
• 8:11
  own.
• 8:12
  You can find it on YouTube.
• 8:15
  But keep an eye on this 19 year
• 8:17
  old Mira Andreeva, because I do believe that
• 8:21
  is not going to be her only Grand
• 8:28
  Slam title.
• 8:29
  That's just her first.
• 8:31
  And she going to keep on playing.
• 8:34
  So life is good.
• 8:36
  Let's keep going here.
• 8:37
  Where are we going today?
• 8:38
  I have some things that I wished to
• 8:42
  discuss today that let's begin at the beginning,
• 8:47
  because that's a very fine place to start.
• 8:50
  When you read, you begin with ABC.
• 8:54
  And when you sing, if your last name
• 8:56
  is Trap, you begin with Do-Re-Mi.
• 9:01
  Isn't that correct, Maria von Trapp?
• 9:06
  We're going to look at a little bit
• 9:10
  of a deep sanctions idiocy, because yesterday, this
• 9:17
  is great.
• 9:18
  It's now a new sanction day for us.
• 9:22
  The European Union, led by some of the
• 9:26
  greats in political thinking, oh my god, they're
• 9:29
  just dumb as boxes of rocks, in my
• 9:32
  humble opinion.
• 9:34
  Maybe they should go to Quincy University in
• 9:37
  Quincy, Illinois.
• 9:38
  Should go to a logic class taught by
• 9:41
  a professor who's a Catholic priest.
• 9:44
  Maybe they should go do that to get
• 9:46
  a little bit more of a basis on
• 9:48
  their argument on their sanctions.
• 9:50
  So we wish to review it.
• 9:53
  Let's call this show, then, Sanction Day.
• 9:56
  21st package of sanctions and the rituals involved,
• 10:01
  the religious almost, rituals involved in economic warfare.
• 10:07
  Let us go straight to the source of
• 10:10
  the wondrous news that the 21st sanctions package
• 10:14
  is coming, and Russia should take notice.
• 10:18
  And all the evil doers, you know, remember,
• 10:20
  old Vladimir Putin is Russian, and therefore, we
• 10:25
  must hate all Russians, right?
• 10:27
  That's your logical leap of today, brought to
• 10:30
  you by damradio.com forward slash live and
• 10:36
  Samuel Trapp, live from the Lake Ozark Real
• 10:40
  Estate of the Art Studio.
• 10:41
  Please feel free to phone in and stop
• 10:43
  me at 573-746-8020 should you feel
• 10:48
  the urge, and you have anything logical to
• 10:52
  say that can be based on a foundation,
• 10:56
  something that is, you know, truth, or at
• 10:58
  least the allegation of truth that you're able
• 11:00
  to outline your position, I would challenge and
• 11:04
  love it.
• 11:05
  You know, maybe somebody like Catherine Hannaway saying
• 11:08
  whether or not a machine found in one
• 11:11
  building is, therefore, and judged to be by
• 11:17
  Judge Ross in the Eastern District, a machine
• 11:20
  that is illegal, how that possibly equates to
• 11:23
  any other machine in any other location and
• 11:26
  inside any other town with any other contract
• 11:30
  in the state of Missouri.
• 11:32
  Join me tomorrow on Civic Outlaws from 7
• 11:35
  to 830 to go through that ridiculous argument.
• 11:40
  That'll be fun though, but she'll never call.
• 11:42
  These people never call.
• 11:43
  They don't have to justify their positions.
• 11:45
  They have a very targeted propaganda thing that
• 11:48
  they get up, spout off their bullet point
• 11:51
  list, and then leave.
• 11:54
  Remember, when I was in the army, this
• 11:56
  is how you get away with doing nothing
• 11:59
  in the army or in any government service,
• 12:02
  okay?
• 12:03
  What you do is they identify a problem,
• 12:06
  or you come in, and somebody asks you
• 12:08
  a question.
• 12:09
  You never have to answer with the truth.
• 12:11
  All you got to do is confuse the
• 12:13
  issue.
• 12:13
  So first thing you do is deny everything.
• 12:16
  Wasn't me.
• 12:17
  I didn't do it.
• 12:18
  Number two, you make counter accusations.
• 12:20
  You know, I think old Sergeant Jim Bob
• 12:23
  over here in the supply department, I think
• 12:25
  he has information about it.
• 12:27
  Nothing clear.
• 12:28
  Third, be as vague as possible.
• 12:30
  Vagueness carries the day.
• 12:31
  This is political success 101 for you.
• 12:35
  Be as vague as possible.
• 12:36
  And number four, split.
• 12:37
  Leave the scene.
• 12:38
  Get the hell out of there.
• 12:39
  You know, you confuse them, and you baffle
• 12:41
  them with bullshit, and you leave.
• 12:43
  So the first thing, remember this, these are
• 12:46
  keys to being a good politician.
• 12:48
  Maybe Ike should be in here.
• 12:49
  I could be teaching Ike how to do
• 12:50
  this.
• 12:50
  Number one, deny everything.
• 12:52
  Number two, make counter accusations.
• 12:54
  Number three, be as vague as possible.
• 12:57
  And number four, leave the scene.
• 12:59
  Deny everything.
• 13:01
  Counter accusations.
• 13:04
  Vagueness.
• 13:05
  Leave.
• 13:05
  Split.
• 13:06
  Okay?
• 13:07
  Those four things, and you can be a
• 13:09
  successful politician.
• 13:11
  Okay?
• 13:11
  They all do it.
• 13:12
  That's exactly what they do.
• 13:14
  Watch it.
• 13:14
  Listen and learn.
• 13:16
  You know, that has developed over years, watching
• 13:18
  Bill Clinton and Hillary Clinton and all the
• 13:20
  scandal that they live.
• 13:21
  And you can take anybody there, Marco Rubio,
• 13:25
  watch him sit in front of the Senate
• 13:27
  committee on money.
• 13:29
  Okay?
• 13:29
  And say, man, justify for us this $1
• 13:31
  .5 billion that you wish to spend on
• 13:34
  the military.
• 13:35
  And he says, that's not true.
• 13:37
  Part of that is something else.
• 13:40
  That's number one.
• 13:41
  Deny everything.
• 13:41
  Number two, counter accusations.
• 13:43
  And you know, Iran over here, they're the
• 13:46
  real problem.
• 13:47
  And why aren't we studying Iran?
• 13:48
  And we have a special item, an additional
• 13:50
  item in the budget of another $200 billion
• 13:53
  that we're asking for that.
• 13:54
  And you know, let's talk about that for
• 13:56
  a minute.
• 13:57
  Number three, let's be as vague as possible.
• 13:58
  Because he never does answer the question about
• 14:01
  what the budget of $1.5 trillion represents.
• 14:04
  He doesn't have to do that.
• 14:05
  Number four, he leaves the scene and says,
• 14:07
  you know, I realize here in the Senate,
• 14:09
  you only each get three minutes or five
• 14:11
  minutes or whatever I see back my time
• 14:14
  to the floor and I got to go
• 14:16
  have another appointment with the president, got another
• 14:19
  issue.
• 14:19
  It's exactly what you do.
• 14:20
  So you're so important that you never have
• 14:23
  to answer the question.
• 14:24
  So, and you do the same thing.
• 14:26
  This is success.
• 14:27
  And I saw many a sergeant, you become
• 14:29
  a sergeant major or a first sergeant or
• 14:32
  a command sergeant major that they got.
• 14:35
  That's how they moved up the lines.
• 14:37
  And in officer corps, it's even better.
• 14:40
  Their silence and disappearance.
• 14:42
  And you can always blame your sergeant down
• 14:44
  below.
• 14:45
  Wasn't me, sir.
• 14:46
  But let me get with Sergeant Trap here.
• 14:49
  I'm sure he might have the answer and
• 14:51
  I'll get back with you later.
• 14:52
  But I got to go.
• 14:53
  I have an appointment, got to go to
• 14:55
  the doctor and get my knee checked because
• 14:57
  we have the big run tomorrow.
• 14:58
  And then everything is done.
• 15:00
  You haven't answered a question.
• 15:01
  You haven't done a thing.
• 15:02
  That is politics.
• 15:03
  That is success in today's government service.
• 15:07
  Okay.
• 15:07
  So we're going to talk about sanctions and
• 15:09
  the success of sanctions and Ursula von der
• 15:12
  Leyen and Kayakolas and these geniuses over there
• 15:15
  and their attacks on the Russian thing.
• 15:17
  It's all the same bureaucracy.
• 15:19
  This is what the bureaucracy that we are
• 15:21
  talking about today is fantastic.
• 15:22
  It's all over the planet.
• 15:24
  It's no longer just your Sergeant Corps and
• 15:27
  the 522nd Military Intelligence Battalion of the 2nd
• 15:31
  Armed Division at Fort Hood, Texas, which is
• 15:33
  where I learned all of these wonderful things.
• 15:35
  It was a lot of fun.
• 15:37
  So the 21st package, the ritual of warfare
• 15:41
  and the denial of anything logical.
• 15:44
  These are the things we're discussing today.
• 15:47
  The correction is this.
• 15:49
  As of the latest official EU Council sanctions
• 15:53
  timeline, the EU has adopted, already has formally
• 15:58
  adopted, 20 full Russian sanctions packages.
• 16:03
  The 21st package has been proposed just recently.
• 16:07
  Last few days, proposed, unveiled.
• 16:10
  Here's what we're going to do next, people.
• 16:12
  We got another sanctions package.
• 16:14
  We're going to beat up on those Russians.
• 16:16
  And, you know, we hate all Russians.
• 16:18
  And now we got tennis players winning Grand
• 16:21
  Slam titles.
• 16:22
  Oh, geez.
• 16:23
  What is the world coming to?
• 16:25
  We're not going to let her carry a
• 16:26
  flag because that is the sanction.
• 16:28
  And maybe we should sanction her personally because
• 16:30
  I'm sure she made a lot of money
• 16:32
  on that.
• 16:32
  And therefore, she shouldn't be able to put
• 16:34
  it in a bank or travel anywhere or
• 16:37
  do anything.
• 16:37
  Why?
• 16:38
  Because she happened to have been born in
• 16:40
  Russia.
• 16:42
  And then, you know, and you know what
• 16:44
  goes on in Russia.
• 16:45
  Putin's over there.
• 16:46
  Therefore, all Russians are evil and need to
• 16:50
  be stopped.
• 16:52
  OK, that's what has to happen.
• 16:54
  These are the logic of the of the
• 16:56
  EU sanction crowd.
• 16:59
  OK, the council's own page lists the 20th
• 17:05
  package that just entered into force on April
• 17:09
  the 23rd of 2026.
• 17:12
  They haven't updated their website yet.
• 17:14
  So what is this proposed 21st package of
• 17:19
  sanctions?
• 17:19
  OK, the proposed 21st EU sanction packages is
• 17:24
  so great.
• 17:26
  Russian oil revenue.
• 17:27
  We have to go after Russian oil revenue.
• 17:30
  We stole 300 billion from them and we
• 17:32
  won't let them touch it.
• 17:33
  We stole the interest and we say they
• 17:35
  can't have it until they make reparations to
• 17:38
  the Ukrainian motherland because there was no Russian
• 17:42
  motherland.
• 17:43
  It's always been Ukraine.
• 17:45
  Where do you think Kyivskaya Rus' come from,
• 17:47
  you morons?
• 17:48
  Kyivskaya Rus' came from where?
• 17:50
  Kyiv.
• 17:51
  The fact that they relocated in the 16th,
• 17:53
  17th century over to Moscow doesn't make any
• 17:57
  difference.
• 17:57
  And the fact that Ukraine means Ukraine at
• 18:01
  the edge, they're on the edge, that means
• 18:03
  basically frontier would be a good word.
• 18:06
  They are the frontier of what?
• 18:08
  The Russian Empire.
• 18:10
  That's what they are.
• 18:12
  And so that's how it happened.
• 18:14
  And so now they claim that instead, you
• 18:19
  know, and if, by the way, that logic
• 18:21
  doesn't work either.
• 18:22
  If Kyivskaya Rus' is the real Rus' and
• 18:26
  they're the Russians, we should be hating them,
• 18:29
  not the people that ran off to Moscow,
• 18:32
  right?
• 18:33
  I don't know.
• 18:34
  Could be curious.
• 18:35
  So they're attacking oil revenue by freezing the
• 18:38
  current oil price cap.
• 18:41
  Price caps are important so that Russia doesn't
• 18:44
  benefit from the now much higher prices globally
• 18:48
  of oil.
• 18:50
  So the U.S. comes in and blows
• 18:52
  up Iran since we're on logic paths and
• 18:55
  making logical connections.
• 18:57
  U.S. comes in, blows up Iran, freezes
• 19:00
  all the stuff.
• 19:01
  Rubio says, we stopping those Iranians from getting
• 19:05
  their stuff through our blockade.
• 19:07
  And they aren't letting anybody else.
• 19:09
  So therefore, nobody's getting through the straits of
• 19:12
  Hormuz.
• 19:13
  International territory, we had that yesterday, which is
• 19:16
  another logical leap that, you know, had no
• 19:19
  foundation.
• 19:21
  And now what happened?
• 19:24
  Oil prices went up.
• 19:26
  Sam's paying $4.20 a gallon instead of
• 19:30
  $2.39 a gallon as he was in
• 19:33
  February.
• 19:34
  So he's a little bitchy.
• 19:35
  You know, he's a little, he's complaining because
• 19:38
  of this.
• 19:39
  And that's unfortunate because it's interfering with my
• 19:43
  right and my ability to complain on a
• 19:46
  regular level.
• 19:47
  And now I have to complain at a
• 19:49
  higher level.
• 19:50
  And it's demanding.
• 19:51
  It's very demanding to complain as much as
• 19:53
  I do.
• 19:54
  So let's see.
• 19:55
  They're also attacking what Russian banks and financial
• 19:59
  channels like.
• 20:00
  When I went to Belarus and I was
• 20:03
  in Belarus and I went to check on
• 20:05
  my bank account in Russia at Sverbank.
• 20:08
  And I go in there and I said,
• 20:09
  can I have some, can I get this
• 20:10
  in dollars?
• 20:11
  Can I get, you know, I want to
• 20:12
  get dollars over here.
• 20:14
  And oops, knocked over the Trump button.
• 20:18
  And uh, they couldn't give it to me.
• 20:22
  And I, and I was like, well, why
• 20:24
  not?
• 20:24
  We're in Belarus, by the way.
• 20:26
  And she goes, she goes, I have to
• 20:28
  give it to you.
• 20:29
  Um, she couldn't give me rubles either, not
• 20:33
  Russian rubles.
• 20:34
  And I was headed to Moscow.
• 20:35
  And so I was trying to get some
• 20:37
  Russian rubles for the train and for whatever.
• 20:40
  And so I was in Sverbank trying to
• 20:41
  get that and trade my dollars and they
• 20:43
  couldn't do it.
• 20:43
  And they said, I'd have to go to
• 20:45
  a, whatever other bank, some international bank down
• 20:47
  the street that I had to go to.
• 20:49
  And, uh, and I have a, a, a,
• 20:51
  a, like when you travel in Russia, you
• 20:53
  have a bank card, you, you go and
• 20:55
  you put, it's like a, I don't know,
• 20:57
  like a cash app card.
• 20:58
  Basically it's a debit card.
• 21:00
  You put money on the card and mine
• 21:02
  happens to be at Sverbank.
• 21:04
  And so I, I go into Sverbank to
• 21:05
  go get it done and fund my card
• 21:08
  for my trip and put a bunch of
• 21:10
  cash on there.
• 21:11
  And, uh, they couldn't let me, they said
• 21:13
  I'd have to wait until I got to
• 21:14
  Moscow and then they could do whatever they
• 21:16
  wanted because they were under sanctions in, uh,
• 21:19
  Belarus and, and in Europe.
• 21:21
  So they target, you know, stupidity like this.
• 21:24
  And, and, uh, this is part of the
• 21:26
  sanctions.
• 21:26
  You know, you can't go to this regulatory
• 21:28
  bullshit, just like, just like America, just like
• 21:31
  civic outlaws fights every single day, the EU
• 21:34
  is putting up these.
• 21:35
  So the long term of what we're talking
• 21:37
  about here today on this program are diplomatic,
• 21:41
  but more importantly, bureaucratic because the EU is
• 21:45
  nothing but bureaucracy and theft of people's money.
• 21:50
  Just like here, you know, uh, the, the,
• 21:53
  the bureaucracy, their only goal is to take
• 21:55
  your money.
• 21:56
  Okay.
• 21:56
  That's it.
• 21:57
  And, uh, so here they're talking about targeting
• 22:00
  Russian oil revenue, and then they're talking, uh,
• 22:04
  Russian banks and financial channels, crypto platforms, and
• 22:07
  crypto transfer channels.
• 22:09
  So now they're digging into your crypto and
• 22:12
  they didn't used to be able to do
• 22:13
  that.
• 22:13
  And so I'm very much against this.
• 22:16
  I would much rather have the free reign
• 22:18
  worldview of crypto and not this BS where,
• 22:23
  uh, the U S gets to come in
• 22:25
  and regulate people's crypto.
• 22:28
  That's the way you regulate the world going
• 22:30
  forward.
• 22:30
  Instead of the dollar, you regulate the crypto
• 22:33
  because that's coming.
• 22:34
  And then the so-called shadow fleet.
• 22:37
  Now, everybody's heard about the shadow fleet.
• 22:39
  This is number four, uh, the shadow fleet.
• 22:41
  They want to talk about tankers and maritime
• 22:43
  networks, okay.
• 22:45
  Call us in, uh, Ursula von der Leyen.
• 22:47
  We're talking for a long time about this.
• 22:48
  And they were smiling and happy.
• 22:50
  Look what we could do.
• 22:51
  We could go after more ships, we're seizing
• 22:53
  more ships.
• 22:54
  And then here we go.
• 22:54
  And then more trade restrictions they've included this
• 22:57
  time in this round.
• 22:58
  Now they're talking about fish products.
• 23:01
  You can't buy fish.
• 23:02
  You can't buy fish.
• 23:03
  You can't buy metal.
• 23:05
  You can't buy car parts.
• 23:06
  You can't buy dual use materials, drone components,
• 23:09
  aerospace and defense items and entities in third
• 23:12
  countries.
• 23:13
  Here's the, here's the big one.
• 23:14
  Anything from an, any entity in a third
• 23:17
  country accused of helping Russia evade sanctions and
• 23:23
  control.
• 23:23
  So the whole thing is bureaucratic control.
• 23:26
  So the European commission president, Ursula von der
• 23:30
  Leyen presented the package on June the 9th,
• 23:32
  and she's targeting energy finance, crypto trade.
• 23:35
  And for the first time fish reports are
• 23:39
  that the package will target 90 Russian banks,
• 23:43
  crypto supply chain routes.
• 23:46
  The guardian says that the measures include banning
• 23:49
  Russian soldiers from entering the EU.
• 23:53
  So a Russian soldier can no longer enter
• 23:56
  the EU, which is nuts because Russians have
• 23:58
  the same rights as everybody else.
• 24:00
  As far as crossing the borders, you know,
• 24:02
  there's, you still have to have a visa
• 24:05
  in many cases, but they're saying they can't
• 24:07
  come in at all.
• 24:08
  If you're a Russian soldier, they target banks,
• 24:10
  crypto oil trade, fish imports.
• 24:12
  And now they're blacklisting more people.
• 24:15
  The blacklist is frigging huge.
• 24:17
  The back of blacklist is so long.
• 24:20
  It's not even funny.
• 24:21
  So the, this is not a single sanction.
• 24:24
  It's what they're doing with sanction 21, just
• 24:27
  like so many others is they're attempting to
• 24:29
  close the escape route created in the first
• 24:32
  20.
• 24:32
  So they make this one set of sanctions
• 24:34
  way back when, what do people do?
• 24:37
  They avoid them, you know, where, where there's
• 24:40
  money, trust me, they're going to find a
• 24:42
  way.
• 24:42
  And that's what they do.
• 24:44
  They find a way to get through and
• 24:50
  make the same money that they were going
• 24:53
  to make before.
• 24:55
  They make a way to do it.
• 24:58
  And everybody does it, everybody.
• 25:01
  And if you are in, we'll get to
• 25:04
  that in a minute.
• 25:05
  Let's, let's talk about the oil price cap
• 25:07
  issue.
• 25:08
  Why this oil price cap?
• 25:10
  You might've heard this on the news about,
• 25:12
  well, we're going to cap the price of
• 25:13
  oil for Russia at $45 barrel.
• 25:16
  They're not going to be able to sell
• 25:17
  those any Russian oil.
• 25:20
  If Russia is going to sell it, they're
• 25:22
  not going to be able to make any
• 25:23
  money doing it.
• 25:25
  And then they raised the cap to 60.
• 25:27
  And a lot of people are saying, look,
• 25:28
  there's a freaking shortage in the world.
• 25:30
  Screw it, pull it, get rid of this.
• 25:33
  So the price cap doesn't really mean because
• 25:36
  what doesn't mean that Brussels gets to tell
• 25:39
  India, China, Turkey, anybody else that you can't
• 25:44
  pay Russia more than our price cap, $45
• 25:47
  barrel, $60 barrel, whatever they say it is.
• 25:51
  Excuse me.
• 25:51
  I got a little froggy in the throat.
• 25:54
  What was I doing eating a frog this
• 25:55
  morning?
• 25:55
  I don't know.
• 26:01
  What am I drinking today?
• 26:02
  It's not coffee.
• 26:03
  It is a grape flavored propel drink, zero
• 26:07
  calories, just so you know.
• 26:10
  So the EU doesn't have the power to
• 26:13
  globally tell India you can't pay Russia more
• 26:17
  than $45 a barrel.
• 26:19
  What they do, the EU and the G7,
• 26:22
  is they control all of the services around
• 26:26
  the barrel.
• 26:28
  Shipping lanes, big one, very big one, maritime
• 26:32
  insurance, big time insurance, reinsurance that goes on.
• 26:37
  You can't pull up to a port in
• 26:39
  a boat that isn't insured.
• 26:42
  What if it damages the dock?
• 26:44
  You can't pull up to any Western thing
• 26:46
  unless in advance they know you're coming and
• 26:48
  you've transmitted all your insurance paperwork for everything
• 26:51
  that is on there and they know where
• 26:53
  it's coming and whoever is taking that money.
• 26:55
  And most of the finance and insurance networks
• 26:58
  have been controlled for generations by Lloyds of
• 27:01
  London and their ilk.
• 27:04
  So you have financing, you have brokeraging, you
• 27:07
  have flagging services and related services.
• 27:10
  All of these are controlled by the West.
• 27:13
  And so what they're doing to sanction people
• 27:15
  is they're saying you can't use these other
• 27:18
  services.
• 27:19
  You can't pull up to an EU port
• 27:24
  without having all of these things in place.
• 27:29
  So the EU rules and EU operators have
• 27:32
  to provide maritime transport and services for the
• 27:36
  crude and petroleum products and they can only
• 27:38
  do so if the oil is being sold
• 27:41
  at or below the cap price.
• 27:44
  So the commission says this mechanism is designed
• 27:47
  to reduce Russian revenue but it still keeps
• 27:51
  the global energy market supplied.
• 27:54
  So everybody else is getting a hundred dollars
• 27:56
  barrel in London port and they'll still buy
• 27:59
  Russian oil but they'll only buy it at
• 28:03
  60 dollars barrel or whatever the price cap
• 28:05
  is.
• 28:06
  So the current technical mechanisms come from earlier
• 28:09
  sanctions.
• 28:10
  So the EU lowered the crude oil cap
• 28:13
  from 60 to $47.60 in the 18th
• 28:21
  package that they did some time ago.
• 28:23
  We'll get to that in a minute.
• 28:24
  And then they introduced a dynamic mechanism to
• 28:27
  keep the cap 15 percent below the average
• 28:31
  euro mountains crude price during the previous reference
• 28:36
  period.
• 28:37
  So on January the 15th the commission said
• 28:39
  the new cap is 44 dollars and 10
• 28:42
  cents a barrel effective February 1, 2026.
• 28:45
  So quarterly they go back and they look
• 28:47
  at the crude prices for euro oil which
• 28:50
  euros are in Russia.
• 28:51
  And so that's where the oil comes from.
• 28:54
  It's euro crude and the euro crude is
• 28:56
  going to be priced at blah blah blah
• 28:58
  and the futures they control and all that
• 29:00
  other stuff.
• 29:01
  So those are the effective prices.
• 29:02
  So the 21st package the new one that
• 29:04
  they're proposing says that oil prices rose because
• 29:07
  of the Iranian conflict.
• 29:11
  But under this dynamic formula that goes up
• 29:13
  and down you know when they choose it
• 29:15
  if the euro prices rise the cap could
• 29:18
  go up too.
• 29:19
  And so that would let Russia receive more
• 29:21
  money while still work under the Western cap.
• 29:24
  Right.
• 29:24
  So the EU proposal freezes the cap and
• 29:28
  current mechanism to stop the automatic increases that
• 29:31
  they input three packages ago.
• 29:34
  So the freeze is now going to be
• 29:36
  around 44 dollars and they'll just freeze it
• 29:38
  at that price so they have no fluctuation
• 29:40
  because Donald Trump happened to bomb Iran.
• 29:43
  Okay.
• 29:44
  And Israel you know can't forget about old
• 29:47
  old BN Benjamin Netanyahu.
• 29:52
  So they want to freeze it at the
• 29:53
  44 in the late 2026 and 2027 and
• 29:56
  not review the cap on a quarterly basis
• 29:58
  because that would allow Russia to make money
• 30:00
  off the oil inside the EU.
• 30:02
  So what is the EU saying even if
• 30:04
  the world oil prices rise or spike Russia
• 30:08
  doesn't get the upside through EU controlled shipping
• 30:12
  and insurance channels.
• 30:13
  But the practical weakness is what friends and
• 30:16
  neighbors.
• 30:17
  Come on.
• 30:18
  Come on.
• 30:18
  Come on.
• 30:19
  Tell me.
• 30:20
  Russia can use non-Western shipping.
• 30:22
  Right.
• 30:23
  This is the problem.
• 30:24
  Non-Western insurance which is growing astronomically.
• 30:28
  They can use shadow fleet vessels.
• 30:32
  They can trade in the port.
• 30:35
  They can transfer the oil to another ship
• 30:38
  in port or before they get to the
• 30:40
  port and still get the right amount of
• 30:42
  money.
• 30:43
  So they ship it.
• 30:44
  Somebody else unloads then they come out they
• 30:47
  load it back up and then they go
• 30:48
  back in.
• 30:49
  So they come up with clever ways to
• 30:51
  avoid the sanctions.
• 30:52
  So it doesn't make you know they can
• 30:54
  have discounted sales.
• 30:55
  They can barter where they're not selling it.
• 30:57
  They're just trading it.
• 30:59
  All right.
• 30:59
  I'll trade you this ship of whatever for
• 31:01
  this ship of I don't know silk brought
• 31:05
  into there because we got to take something
• 31:07
  back.
• 31:08
  It'd be something else you know whatever they're
• 31:10
  going to fill the hull of the ship
• 31:12
  with.
• 31:13
  But they would barter it instead.
• 31:15
  Bartering is becoming a big deal again.
• 31:18
  They're going to either give a discount sale
• 31:20
  they use intermediaries or they'll go to friendly
• 31:22
  or neutral buyers and avoid the EU.
• 31:26
  So that doesn't make the EU's price cap
• 31:28
  meaningless but it's definitely got great leaks.
• 31:31
  And the longer the sanctions continue the more
• 31:34
  incentive and the greater expertise the Russians and
• 31:38
  their trade partners have to build permanent non
• 31:43
  -western.
• 31:45
  That's key.
• 31:46
  The key there is non-western controlled workarounds.
• 31:51
  So they figure out how to work around
• 31:53
  it without using western stuff.
• 31:56
  And so what are they doing but kicking
• 31:58
  themselves right in the shorties right in the
• 32:02
  doodads and they are screwing themselves and their
• 32:08
  own people for generations.
• 32:12
  Because trust me the alternative networks are building.
• 32:17
  So what what what the EU cannot easily
• 32:21
  do and the U.S. is trying it.
• 32:23
  Donald Trump has tried it.
• 32:24
  And it's very very difficult because you have
• 32:27
  people like Narendra Modi Jaishankar.
• 32:31
  You have Xi Jinping and his foreign ministry.
• 32:35
  All these big countries and everybody else is
• 32:37
  watching with great interest while this happens in
• 32:40
  real time.
• 32:42
  And what they cannot do and have not
• 32:43
  been able to do with any with any
• 32:45
  real certainty is they're quiet about it and
• 32:48
  they're trying it.
• 32:49
  But they don't want to acknowledge that we're
• 32:51
  losing this battle.
• 32:52
  We being the the western hegemony or the
• 32:55
  hegemonic globalism crowd is losing this war.
• 33:00
  Okay.
• 33:01
  They cannot force India or China to stop
• 33:07
  buying Russian oil unless those buyers are using
• 33:12
  European or EU controlled services.
• 33:16
  It cannot erase Russia's domestic production base.
• 33:19
  It cannot stop every transaction that go routes
• 33:23
  through huge places like Dubai Turkey Central Asia
• 33:28
  China India or other intermediaries.
• 33:32
  Now a lot of those places use Western
• 33:35
  insurance Western transport Western what.
• 33:38
  But what's happening.
• 33:40
  Because of all this they are recognizing new
• 33:44
  Chinese new Indian new Iranian new Russian insurance
• 33:51
  structures services.
• 33:54
  Everything is now being built to work around
• 33:59
  sanctions.
• 33:59
  Takes a while to rebuild all of this.
• 34:02
  But the damage is going to be eternal
• 34:06
  because you don't I mean it's a long
• 34:09
  term play.
• 34:10
  You know you have to you have to
• 34:11
  think long term.
• 34:12
  Don't tell me China doesn't think long term.
• 34:15
  They do.
• 34:16
  Don't tell me India doesn't think long term.
• 34:19
  They do too.
• 34:20
  And the only people that were short timers
• 34:22
  short term people are here in the United
• 34:26
  States.
• 34:27
  You know.
• 34:28
  So we ought to have a holiday called
• 34:30
  Sanction Day here.
• 34:31
  We ought to make a new federal holiday.
• 34:35
  Call it Sanction Day.
• 34:36
  And we can say this is when we've
• 34:39
  realized that sanctions are really foolish.
• 34:44
  Diplomacy would be a better option because you're
• 34:48
  interfering with the economics of the planet by
• 34:52
  the way.
• 34:53
  So when you put this thing in what
• 34:55
  you're really doing is disadvantaging your own your
• 34:58
  own citizenry all over the place because long
• 35:02
  term they're developing counterpoints to it.
• 35:06
  You could argue that if you're a dock
• 35:08
  worker what do you care if your paycheck
• 35:10
  is coming from you know the docks of
• 35:14
  New Jersey owned by Jim Bob or a
• 35:17
  dock in New Jersey owned by China.
• 35:20
  What do you care.
• 35:21
  But the Chinese and everybody else on the
• 35:25
  planet are trying to buy these are buying
• 35:28
  the infrastructure surrounding all of it just to
• 35:32
  avoid the sanctions.
• 35:34
  People don't like this.
• 35:36
  But most time you just don't understand it.
• 35:40
  And so Sanction Day would be pretty cool
• 35:43
  if we could create a so maybe we
• 35:44
  should call it anti-sanction day the day
• 35:47
  we knew that that's the BS sanctions day.
• 35:52
  How about that.
• 35:53
  We finally realized it.
• 35:55
  So what we do what we're very good
• 35:57
  at and the EU is follows our lead
• 36:00
  and creates their own packages.
• 36:02
  U.S. doesn't have the 21st sanctions package.
• 36:04
  We're a little bit quieter about it.
• 36:06
  We just have Besson and his crowd go
• 36:09
  out and say you know we're going to
• 36:10
  do he just makes announcements every once in
• 36:14
  a while just to still be relevant.
• 36:16
  Right.
• 36:16
  So people are paying attention to you know
• 36:18
  we're going to do we're going to go
• 36:19
  steal all the money in the bank related
• 36:22
  to Iran.
• 36:23
  We're taking it all.
• 36:25
  OK.
• 36:26
  So that sounds like a boy what a
• 36:29
  great plan.
• 36:29
  You know and he'll just come out and
• 36:30
  shout something out every once in a while
• 36:32
  and call it a sanctions package.
• 36:34
  But he doesn't really call it a sanctions
• 36:36
  package but it is a sanctions package.
• 36:38
  So we could work on sanctions day.
• 36:40
  Let's go back to the timeline of the
• 36:43
  packages and I don't know if I should
• 36:44
  go backward or forward.
• 36:46
  So let's let's talk about it because I
• 36:49
  was I was theorizing that the sanctions would
• 36:56
  is the reason we have 21 packages of
• 37:00
  sanctions.
• 37:02
  And my anticipation after before reviewing it was
• 37:06
  thinking that if I go back I'm going
• 37:09
  to see that the sanctions are speeding up.
• 37:13
  Now like didn't we just have the 19th
• 37:17
  sanctions package back in February and the 20th
• 37:21
  back in and you know I was like
• 37:23
  man seems like we're always talking about the
• 37:25
  you know the Ursula von der Leyen and
• 37:27
  her crowd.
• 37:28
  You know they've they've run out of pom
• 37:30
  poms and they got to go run out
• 37:31
  and start cheerleading something new.
• 37:35
  So they just you know every 90 days
• 37:38
  they create a new economic forum somewhere and
• 37:42
  they get to get up and all congratulate
• 37:43
  themselves on how they're winning the war against
• 37:46
  the evil Russian empire.
• 37:49
  And here's what we're doing.
• 37:50
  We're going to put some more sanctions in
• 37:52
  place.
• 37:52
  There you go.
• 37:53
  But what I found out was it's really
• 37:56
  not quite so.
• 37:57
  So they were closer together back in the
• 38:01
  beginning because they screwed up they screwed up
• 38:04
  so bad they didn't realize how quickly the
• 38:06
  workarounds were going to come.
• 38:08
  OK.
• 38:08
  And so these workarounds are like this.
• 38:11
  Let's talk about this sanctions on February the
• 38:15
  22nd and 23rd the day you know the
• 38:18
  wars start the war.
• 38:19
  If you want to the day the war
• 38:21
  escalated the war has been going on since
• 38:23
  2014.
• 38:25
  Ukrainians have been slaughtering Russians in the Donbass
• 38:27
  since 2014.
• 38:28
  They've been bombing their own country for four
• 38:31
  years you know and killing ethnic Russians and
• 38:34
  you know destroying them and they were trying
• 38:37
  to get you know work through the scam
• 38:39
  of the Minsk Accords 1 and 2.
• 38:42
  And so so the sanctions came up because
• 38:45
  the Russians pushed back and said you know
• 38:47
  what you guys are assholes.
• 38:48
  I can't believe you're not going to.
• 38:50
  They finally stood up.
• 38:52
  OK.
• 38:53
  And so sanctions on the 301st state Duma
• 38:57
  members 351.
• 38:59
  This is what how they started personal sanctions
• 39:03
  against 351 state Duma members who voted to
• 39:08
  recognize Donetsk and Lugansk.
• 39:10
  So the ones who didn't vote to recognize
• 39:14
  Donetsk and Lugansk as Russian those guys didn't
• 39:18
  get sanctions.
• 39:19
  So obviously you're trying to take a new
• 39:23
  country and they say well fine we're going
• 39:25
  to sanction all of your accounts in bank
• 39:28
  accounts in our banks in the West because
• 39:31
  all of you travel in the West because
• 39:34
  you're important people and so we're taking your
• 39:36
  money.
• 39:37
  This is how you get rid of Vladimir
• 39:38
  Putin.
• 39:39
  You have you sanction the personal accounts.
• 39:43
  So the first ones are very personal in
• 39:45
  nature and there was a non-government controlled
• 39:49
  sanctions against Donetsk and Lugansk.
• 39:53
  Any restrictions on Russian access to E.U.
• 39:56
  capital or financial markets.
• 39:59
  That was on February 22nd and 23rd.
• 40:03
  They had individual sanctions against the people who
• 40:07
  voted to recognize Donetsk and Lugansk because there
• 40:11
  were referenda there.
• 40:14
  And so naturally we have to sanction these
• 40:16
  people.
• 40:17
  How can they go against the globalists.
• 40:21
  So we sanction them personally steal their money
• 40:24
  personally and they no longer have access to
• 40:27
  their money and they better have kept it
• 40:30
  in Russia or they're going to lose it.
• 40:33
  So the personal sanctions happened on February 25th.
• 40:37
  They sanctioned Putin himself Lavrov Sergei Viktorovich the
• 40:43
  State Duma and Security Council members.
• 40:45
  Now they expanded it to everyone because they
• 40:49
  didn't immediately go oh wait we made a
• 40:51
  mistake you know Donetsk and Lugansk will stay
• 40:53
  in Ukraine.
• 40:55
  They said no well you know they've done
• 40:57
  it so well shit we bet we missed
• 40:59
  somebody.
• 41:00
  We didn't didn't sanction Putin Lavrov and you
• 41:05
  know what while we're at it let's let's
• 41:07
  do all the rest of the Duma members
• 41:09
  and the Security Council members though anybody works
• 41:13
  in finance energy transport technology and they restricted
• 41:17
  access to all of those networks in the
• 41:19
  West.
• 41:20
  Any defense sector export controls and aviation space
• 41:25
  oil refining technology restrictions and partial visa facilitation
• 41:30
  suspension no more visas for anybody from Russia
• 41:34
  as of February 25th 2022.
• 41:38
  So now those visas only come for like
• 41:40
  three years ten years depends on what you
• 41:42
  get right and so they'll be being limited
• 41:45
  even now because now we're four years later
• 41:47
  and Russians can't leave their homeland.
• 41:50
  So on five days later they the EU
• 41:55
  airspace was closed to Russian aircraft.
• 42:00
  The Russian central bank transactions were banned.
• 42:04
  The seven banks including Sverbank my bank was
• 42:09
  removed from SWIFT.
• 42:10
  The euro bank note ban occurred.
• 42:13
  The RT Sputnik broadcasting was suspended.
• 42:16
  You can no longer broadcast your RT or
• 42:19
  Sputnik and Belarus related sanctions you gotta you
• 42:23
  know since Belarus says we we support Russia
• 42:25
  you gotta sanction them too.
• 42:27
  You know so so these are the sanctions
• 42:30
  that happened on February 28th.
• 42:33
  That was the third sanctions package basically in
• 42:36
  a week.
• 42:38
  Let's see then on March 9th of the
• 42:41
  same year 160 individuals were sanctioned.
• 42:45
  They picked all the rich oligarchs sanctioned them.
• 42:48
  They sanctioned maritime navigation radio communication export restrictions.
• 42:54
  Now Belarus has a SWIFT and central bank
• 42:58
  restrictions and Belarus now can't use any financial
• 43:01
  inflow restrictions any money coming from there.
• 43:04
  Six days later on March 15 Roman Abramovich
• 43:09
  and German Kahn was listed.
• 43:12
  Okay Roman Abramovich is big fine big investor
• 43:15
  guy.
• 43:15
  I think it was him that they stole
• 43:17
  his huge yacht.
• 43:18
  Remember they took his huge yacht that was
• 43:21
  the size of an office building in New
• 43:24
  York.
• 43:25
  It was freaking enormous and they stole his
• 43:27
  yacht if I'm thinking of the right guy.
• 43:30
  Any state owned enterprise transaction was banned Russian
• 43:34
  state.
• 43:34
  Any credit rating service was banned.
• 43:37
  New Russian energy investment.
• 43:39
  No more Russian energy investment.
• 43:41
  No more iron or steel imported from Russia
• 43:44
  and any luxury goods could no longer be
• 43:47
  exported to Russia.
• 43:49
  That was March 15th so we're not even
• 43:51
  a month in.
• 43:52
  So April 8th 217 more individuals 18 entities
• 43:57
  EU ports are closed to Russian vessels any
• 44:00
  any any vessel carrying the Russian flag.
• 44:03
  Russian road transport ban.
• 44:05
  You couldn't go if you had a car
• 44:07
  licensed in Russia that was licensed in Russia.
• 44:10
  No more.
• 44:11
  So trucking was done.
• 44:12
  Coal and solid fossil fuel imports.
• 44:14
  Wood cement seafood liquor import bans.
• 44:18
  You can't bring any of those in from
• 44:19
  Russia.
• 44:20
  No more jet fuel could be exported to
• 44:23
  Russia.
• 44:23
  High value crypto services were done and anything
• 44:26
  in trust restrictions.
• 44:28
  They couldn't create any Western style trusts whether
• 44:31
  you're Russian or not.
• 44:32
  Okay that was April 8th June the 3rd
• 44:34
  of 2022.
• 44:36
  So we're on the sixth package.
• 44:38
  Here major oil where they attacked crude oil
• 44:41
  refined product import ban on reselling pipeline oil
• 44:44
  to other member states or third countries.
• 44:47
  So if Hungary was receiving oil from Russia
• 44:53
  through Ukraine they couldn't turn around and sell
• 44:56
  it to Germany.
• 44:57
  So you can't third party it.
• 44:59
  You can't swap it and then and then
• 45:01
  play that you know you don't have that
• 45:03
  come out.
• 45:04
  What else did they do.
• 45:06
  Third countries.
• 45:06
  Here's where the insurance and financing restrictions came
• 45:10
  about for Russian oil transport.
• 45:13
  Three more Russian banks were removed from Swift.
• 45:16
  Russian broadcasters total all of them not just
• 45:19
  RT worse were taken off any accounting auditing
• 45:23
  or consulting services were also terminated.
• 45:26
  You couldn't consult with the Russians.
• 45:29
  July the 21st package number seven maintenance and
• 45:33
  alignment.
• 45:33
  This was just this wasn't real sanctions were
• 45:35
  just well you know we've been doing this
• 45:37
  for six months now or four four or
• 45:39
  five months now we now know what we're
• 45:41
  supposed to be doing.
• 45:42
  We and we forgot these 54 individuals in
• 45:45
  10 more entities.
• 45:46
  The Russian gold was import import ban.
• 45:48
  You couldn't buy Russian gold.
• 45:51
  You can't talk about asset reporting.
• 45:54
  You can't report Russian assets.
• 45:57
  You can't report them anymore.
• 45:58
  You don't have time.
• 45:59
  You don't even own them anymore because Russia
• 46:01
  was busy seizing them.
• 46:03
  This is when the big deal about Russia
• 46:05
  taking McDonald's and selling it to other people
• 46:09
  and it becoming Kusna itочка which is tasty
• 46:14
  period and it's very tasty.
• 46:15
  Actually it's much better than McDonald's and their
• 46:19
  coffee sucks but everything you know you can
• 46:22
  go to you can go to any McDonald's
• 46:23
  on the planet and get the coffee that
• 46:25
  tastes the same everywhere whether they're all required
• 46:28
  to use the same coffee which I presume
• 46:30
  is the case all over the planet.
• 46:32
  But I mean nope all over the United
• 46:34
  States because in Russia the coffee for from
• 46:37
  McDonald's is crap and you can go right
• 46:40
  to any little coffee shop.
• 46:42
  Coffee shops are a big deal in Russia
• 46:43
  and there are plenty of them and very
• 46:46
  very tasty and there you have good coffee.
• 46:48
  It's very cheap and you don't have to
• 46:49
  go to Starbucks and even at Starbucks it
• 46:53
  wasn't horrible to pay you know.
• 46:56
  Now it's star coffee over there so that
• 46:57
  happened too and all this was going on
• 46:59
  in mid July or mid 2022 and here
• 47:03
  we are in July 22 with the seventh
• 47:05
  sanctions.
• 47:06
  They port access.
• 47:08
  You couldn't go into locks anymore around the
• 47:11
  world.
• 47:11
  No more locks for the raising and lowering
• 47:13
  of your ship and you couldn't have dual
• 47:16
  use controls you and they had clarifications and
• 47:19
  exemptions were fixed up in the seventh package.
• 47:22
  The eighth package was a whole October of
• 47:26
  2022 so we're still in the first year.
• 47:28
  There is a price cap framework for maritime
• 47:30
  transport of Russian oil to third countries.
• 47:34
  This is one we're talking about again today
• 47:35
  in the 21st package okay.
• 47:38
  Sanctions and circumventions listing criteria.
• 47:41
  Russian maritime shipping register transactions ban.
• 47:45
  Bans on imports of steel, paper, plastic, cosmetics,
• 47:50
  crypto wallet restrictions, service bans of architecture, engineering
• 47:54
  and IT consulting as well as legal services.
• 48:00
  You can now not get lawyers.
• 48:02
  No more lawyers.
• 48:04
  So lawyers were being sanctioned away from well
• 48:08
  you couldn't have a Russian come to your
• 48:12
  office and hire you because sanctions say that's
• 48:16
  not allowed okay.
• 48:19
  December we're still in 2022.
• 48:22
  We're not even a year in.
• 48:23
  141 more individuals.
• 48:25
  49 more entities.
• 48:27
  168 defense industrial entities from Russia.
• 48:32
  Aviation space and drone engine export bans.
• 48:35
  Mining investment bans.
• 48:37
  Russian regional development bank transaction ban.
• 48:41
  So this one's important.
• 48:42
  The Russian regional development bank.
• 48:45
  This is when the development bank became the
• 48:51
  BRICS development bank.
• 48:53
  And it's not BRICS.
• 48:54
  It's called the International Development Bank to create
• 48:59
  something different than the World Bank for its
• 49:02
  members.
• 49:04
  And so this was a big mistake in
• 49:06
  my view back then because now you've expanded
• 49:10
  it to non-Russia.
• 49:15
  You're no longer this is when it started
• 49:17
  to go off the rails.
• 49:20
  Now we're not sanctioning Russia.
• 49:26
  We're sanctioning the world okay is what's happening.
• 49:31
  And now we're a full year in and
• 49:34
  the 10th package EU package came on February
• 49:40
  the 25th 2023 a year and three days
• 49:43
  after the war year one day maybe two
• 49:45
  I don't remember I can't remember if it's
• 49:47
  24th or 22nd I think it was February
• 49:49
  22nd the war started.
• 49:51
  87 more individuals.
• 49:53
  34 more entities.
• 49:54
  Now Iran is going to be added to
• 49:58
  the deal because the Iranian drone related you
• 50:02
  know the Shaheed drone manufactured in Iran sold
• 50:08
  across the border into Russia and used to
• 50:12
  bomb Ukraine.
• 50:13
  And the Russians were taking those upgrading them
• 50:18
  and using them to bomb Ukraine and the
• 50:20
  Shaheed drone and the other drone that they
• 50:24
  which I can't remember over there.
• 50:26
  Russia has now repurposed them reinvented them as
• 50:32
  it were and sent it across.
• 50:34
  We're going to take a bit of a
• 50:35
  break.
• 50:36
  We're halfway through the show and we're at
• 50:37
  the 10th sanctions package.
• 50:39
  We still got 11 more to go to
• 50:42
  get there but I'm going to play for
• 50:44
  you a Russian song.
• 50:46
  Russian song and the Russian song is a
• 50:56
  song about a friend.
• 50:59
  Song about a friend by the old Vladimir
• 51:03
  Vysotsky and I went to his a museum
• 51:10
  dedicated to him in Naberezhnye Chelny in 2023,
• 51:18
  2024.
• 51:19
  I can't remember but I've been over to
• 51:21
  Naberezhnye Chelny several times.
• 51:22
  That was the first time I discovered that
• 51:24
  they had a Vysotsky.
• 51:25
  Now this is true Russian.
• 51:28
  You want protest singing.
• 51:30
  These are our protest songs.
• 51:32
  You know your Bob Dylan and crowd from
• 51:35
  when they were kids.
• 51:36
  You know he had that rain on a
• 51:38
  tin roof sounds like a drum that kind
• 51:40
  of stuff.
• 51:41
  We're marching for freedom today.
• 51:42
  Yay.
• 51:43
  I'll sing one for you.
• 51:45
  You know but we're going to go with
• 51:47
  the old Vladimir Vysotsky and play you a
• 51:53
  song of a friend.
• 51:54
  It's only a couple minutes so please enjoy.
• 51:57
  Hold on.
• 51:57
  Let's make sure it's going to play.
• 51:59
  Somebody was dinking around with the sound again.
• 52:01
  Whoever's before me stop doing that.
• 52:04
  It's freaking irritating.
• 52:07
  And that was Vladimir Vysotsky.
• 52:10
  Song came out in late 60s early 70s
• 52:14
  probably.
• 52:16
  That song came out.
• 52:17
  Pretty good stuff.
• 52:19
  Maynard.
• 52:21
  And basically the song of a friend is
• 52:23
  really a philosophical song.
• 52:29
  Very nice.
• 52:30
  And what it is is it's talking about
• 52:34
  friendship and how you can tell that a
• 52:37
  friend is yours.
• 52:38
  Very very popular.
• 52:39
  Now Vladimir Vysotsky was not very well liked
• 52:42
  by the government back then because remember they
• 52:46
  had you had to be accepted into schools
• 52:50
  and you had to be politically correct way
• 52:52
  back then.
• 52:53
  Soviet Union was certainly not fond of this
• 52:58
  guy creating narratives and the popularity that he
• 53:02
  was garnering and they tried to limit his
• 53:06
  influence on people and it didn't work.
• 53:09
  He gave an interview.
• 53:11
  I talked about this way before many years
• 53:13
  ago.
• 53:14
  Who was it with?
• 53:15
  Was it Dan Rather?
• 53:16
  I can't remember who interviewed him when he
• 53:19
  came over and they tried to get him
• 53:20
  to talk bad about Russia and he wouldn't
• 53:23
  or about the Soviet Union and he wouldn't
• 53:25
  do it.
• 53:25
  He said I'm not here for that.
• 53:26
  And he was very it was it was
• 53:29
  a good deal.
• 53:30
  It was a pretty good interview.
• 53:33
  And the song anyway is a good song
• 53:37
  as well.
• 53:39
  Let us see.
• 53:43
  Okay.
• 53:46
  All right we're gonna try this but I
• 53:49
  do want to get to my discussion on
• 53:51
  sanctions so I'd rather not hear a different
• 53:54
  topic and there's something going on with your
• 53:57
  phone.
• 53:57
  What do you got?
• 54:03
  I don't know.
• 54:04
  I guess he's got nothing.
• 54:05
  Okay well I was gonna have a conversation
• 54:09
  but apparently that's not gonna happen.
• 54:12
  So at any rate the back to our
• 54:16
  sanctions discussion which we were going through earlier
• 54:20
  and we were on package number 10.
• 54:23
  Then they didn't have another package of sanctions
• 54:26
  until June of that year.
• 54:28
  I mean all four months later they were
• 54:31
  they they did had they had some more.
• 54:33
  There were 71 individuals, 33 entities and 87
• 54:38
  defense industrial entities, more export restrictions, more transit
• 54:42
  bans, more road transport restrictions, more port and
• 54:46
  lock bans for vessels using ship to ship
• 54:50
  transfer.
• 54:50
  They were discovering some year and several months
• 54:54
  later that they were ship to ship transferring
• 54:57
  stuff outside of the port and then bringing
• 54:59
  it in.
• 55:01
  So you could go out.
• 55:03
  This is one of the ways of avoidance.
• 55:05
  Meanwhile they're building all this new infrastructure for
• 55:09
  other ports and other countries and using different
• 55:11
  acceptables.
• 55:13
  And so what's the EU do?
• 55:14
  They block off anybody that has insurance from
• 55:17
  other place say nope you have to be
• 55:18
  insured by Lloyd's London you can't do it
• 55:20
  and then you know Lloyd's Lloyd's wouldn't certify
• 55:24
  that you had proper insurance paperwork or restricted
• 55:32
  so they would limit you from coming in.
• 55:34
  And so they would disable or disabling navigation.
• 55:39
  There were more media suspensions, more IP and
• 55:42
  trade secret restrictions and then an anti-circumvention
• 55:46
  cooperation protocol was put into place because they
• 55:51
  were noticing a year and a half later
• 55:53
  reality reality punched him in the face and
• 55:57
  well Jesus these people are avoiding our sanctions.
• 56:01
  We're a year into this and by God
• 56:03
  they haven't collapsed yet and so we need
• 56:07
  more.
• 56:07
  You know what we need?
• 56:08
  Sanctions aren't working.
• 56:10
  You know we need more sanctions.
• 56:12
  My name is Ursula von der Leyen and
• 56:15
  I support this message you know and my
• 56:17
  name is Kaya Kallis.
• 56:19
  My name's Anna Verbach that you know I
• 56:23
  have math problems but you know we're gonna
• 56:29
  we're gonna make a 360 degree turn right
• 56:32
  here and we're gonna put more sanctions in
• 56:34
  place you know that's what we're gonna do
• 56:36
  because we're Anna 360 Verbach as she is
• 56:40
  referred to in political terms because she doesn't
• 56:44
  turn around she turns around that's what she
• 56:48
  does and so they implement a year and
• 56:52
  a half later an anti-circumvention protocol okay
• 56:57
  then in December of 2023 six months later
• 57:01
  they find out that they have to sanction
• 57:04
  61 more people that have been getting around
• 57:07
  this sanctioning crap and 86 entities they're helping
• 57:11
  these people get around sanctions we have to
• 57:14
  sanction them too then 86 more companies a
• 57:17
  diamond ban now you got to ban diamonds
• 57:19
  from Russia you have LPG and metal goods
• 57:22
  import ban you can't do that you have
• 57:24
  a no Russia clause for re-export contracts
• 57:28
  you can't re-export something to Russia no
• 57:31
  no no software services are now banned reporting
• 57:35
  rules for transfers over a hundred thousand euro
• 57:40
  were implemented why so that they could bureaucratically
• 57:45
  track who's avoiding sanctions and then a larger
• 57:50
  much larger anti-sanction circumvention protocol was implemented
• 57:57
  and this cooperation so they're still realizing sanctions
• 58:01
  aren't working and so they change them yet
• 58:05
  again and we're only a year and almost
• 58:09
  two years in so on the anniversary February
• 58:12
  23rd of 2024 they implement the 13th sanctions
• 58:17
  package we're now two years in okay now
• 58:21
  we have 106 individuals 88 entities now North
• 58:26
  Korea is going to be sanctioned because anything
• 58:30
  related to North Korea because North Korea is
• 58:33
  supporting Russia sent some soldiers over to Kursk
• 58:36
  and they didn't hadn't hadn't that hadn't happened
• 58:39
  yet I don't think but they were getting
• 58:41
  there in in the February part and they
• 58:43
  were the Kursk operation hadn't happened yet but
• 58:47
  it was coming actually I think came in
• 58:49
  late 2024 but I don't remember for sure
• 58:51
  they sanctioned another 27 defense industrial and its
• 58:55
  in entities more drone components were sanctioned and
• 59:00
  electrical transformers and industrial goods were also sanctioned
• 59:05
  you know you couldn't couldn't do it okay
• 59:08
  none of that so now June 24th of
• 59:11
  2024 we're at the 14th package we're two
• 59:15
  years and four or five months in 69
• 59:17
  more individuals 47 more entities liquid natural gas
• 59:23
  now can't be re-exported new Russian LNG
• 59:29
  investment ban so no no more LNG anywhere
• 59:33
  you know that's banned if you're using western
• 59:37
  um insurance or Russian infrastructure or I'm sorry
• 59:42
  if you're using western infrastructure at all that's
• 59:46
  you know you got to get rid of
• 59:47
  the LNG and helium no more helium no
• 59:50
  more industrial export uh you can't do that
• 59:53
  restriction on Russia's financial messaging systems so Russia
• 59:58
  has its own uh SPFS financial messaging system
• 1:00:02
  competing with BRICS or competing with SWIFT I
• 1:00:06
  mean and they were talking about that remember
• 1:00:08
  this is the upcoming up to the BRICS
• 1:00:10
  2024 which occurred in October 2024 in Kazan
• 1:00:16
  and so they were they were building uh
• 1:00:18
  trying to quickly build China's SIPS and Russia's
• 1:00:22
  SPFS the messaging system in China's SIPS and
• 1:00:26
  these are these were big developments they'd have
• 1:00:28
  they'd been ongoing anyway but they were finalizing
• 1:00:31
  in 2024 and this was going to it
• 1:00:33
  even 10 times more easy to avoid sanctions
• 1:00:36
  okay and everybody knew this so you had
• 1:00:38
  to ban the FBS SPFS financial messaging system
• 1:00:42
  they had to ban Russian funding of EU
• 1:00:45
  political parties they do it all the time
• 1:00:48
  the EU funds any anti-Russian you could
• 1:00:52
  your only platform you could be an axe
• 1:00:55
  murderer and say we need to axe murderer
• 1:00:57
  anybody who is uh under five feet tall
• 1:01:01
  and uh you know they have to be
• 1:01:02
  killed but but but but but but I
• 1:01:06
  hate Russia I hate Vladimir Putin and I
• 1:01:08
  guarantee you the EU is going to support
• 1:01:10
  your political party and you're going to get
• 1:01:13
  all kinds of benefit but by God the
• 1:01:15
  reverse better not happen Russia can't Russia can't
• 1:01:18
  finance or fund any candidates that are pro
• 1:01:21
  -Russian outside of Russia bad plan we can't
• 1:01:25
  do that but we can fund everything anywhere
• 1:01:27
  we want to uh right and but the
• 1:01:31
  only requirement is you must be anti-Russia
• 1:01:34
  and anti-China right uh so you you
• 1:01:37
  can't fund and a Russian NGO non-government
• 1:01:40
  organization they're now port and flight more stuff
• 1:01:44
  coming in there more media suspensions and guess
• 1:01:47
  what surprise surprise more anti-circumvention tools implemented
• 1:01:52
  we're now two plus years in 15th sanctions
• 1:01:58
  package came out in December of 2024 54
• 1:02:01
  more individuals 30 more entities 52 specific shadow
• 1:02:07
  fleet vessels now they're identifying individual vessels that
• 1:02:11
  are engaged in uh offshore transfer to certain
• 1:02:15
  to non-Russian ships or whatever and uh
• 1:02:19
  dual use exports restrictions concerning Russian court rulings
• 1:02:24
  so you can't even use a legitimate Russian
• 1:02:27
  court judgment anywhere outside of the country under
• 1:02:31
  article 248 which requires observation and enforcement of
• 1:02:38
  foreign judgments but not anymore we're done with
• 1:02:42
  that we're the EU by God no but
• 1:02:45
  we don't have to follow the law you
• 1:02:47
  know we went to law school where they
• 1:02:49
  didn't teach law you know that you missed
• 1:02:51
  you missed the law that day and so
• 1:02:54
  you have to do you know article 248
• 1:02:56
  central securities depository derogations and divestment deadline extensions
• 1:03:01
  they want to take the money from Russia
• 1:03:03
  the 300 billion they've been holding for quite
• 1:03:05
  a few years now we're at anniversary number
• 1:03:09
  three February 2025 48 more individuals 35 entities
• 1:03:13
  74 more shadow fleet vessels transaction restrictions on
• 1:03:18
  any institution using Russia's financial messaging system so
• 1:03:22
  obviously now people are still using FPFS and
• 1:03:25
  they're still using uh SIPs and so we
• 1:03:28
  got we have to uh sanction them too
• 1:03:33
  no more institutions can use this 13 more
• 1:03:37
  regional banks export control Russian media suspension no
• 1:03:41
  more media port and airport restrictions and anybody
• 1:03:45
  aligned with Belarus it's now gonna be targeted
• 1:03:49
  as well so there we are third anniversary
• 1:03:52
  okay several months later 17th package 17 more
• 1:03:56
  individuals 58 more entities including Sergut Neftegaz.
• 1:04:02
  Sergut is I believe the German part and
• 1:04:05
  they got rid of the German slash Russian
• 1:04:08
  Russia owned 51 percent of that if I
• 1:04:10
  remember and so there were 189 more shadow
• 1:04:13
  fleet vessels vessels attacked dual use exports controls
• 1:04:18
  chemical and machine tool spare parts are now
• 1:04:23
  outlawed as well so it keeps expanding you
• 1:04:26
  know that the next then in July of
• 1:04:28
  2025 they lowered the crude oil cap from
• 1:04:32
  60 to 45 remember that they import ban
• 1:04:36
  on refined petroleum products made from Russian crude
• 1:04:40
  in third countries like India because they buy
• 1:04:43
  all the crude from Russia they return it
• 1:04:45
  into petroleum and then they ship it out
• 1:04:48
  and they say no not anymore they're trying
• 1:04:50
  to force India here to not make any
• 1:04:56
  money for their own country and to re
• 1:04:58
  -export Russian fuel this was a big debate
• 1:05:01
  because they're going man you asked us to
• 1:05:03
  do this you told us to do this
• 1:05:05
  and said this is how we get it
• 1:05:06
  because you're Europe you still need all the
• 1:05:09
  fuel from Russia and you need all the
• 1:05:11
  all the fuel that comes in from India
• 1:05:13
  even if it's created using Russian but nope
• 1:05:16
  we got to get out of that so
• 1:05:17
  instead we're going to pay three times as
• 1:05:19
  much getting it from the U.S. or
• 1:05:21
  where else wherever else we can get it
• 1:05:23
  around the Straits of Hormuz and they were
• 1:05:26
  buying it from Iran right Iran and the
• 1:05:30
  UAE and places like that and having it
• 1:05:32
  go around the Straits of Hormuz so the
• 1:05:34
  story just keeps getting worse for these poor
• 1:05:35
  bastards and so they've lowered it to 47
• 1:05:39
  bucks 105 more shadow fleets Nord Stream transactions
• 1:05:43
  so there's one of the pipes is still
• 1:05:45
  working they needed to shut that pipe down
• 1:05:47
  because they blew up the other two stronger
• 1:05:51
  bank transaction bans they improve that said oh
• 1:05:53
  geez they're not working you know all of
• 1:05:56
  these things that I'm telling you are the
• 1:05:58
  same first sanctions not working package the sanctions
• 1:06:02
  aren't working so let's make it worse you're
• 1:06:05
  affecting your own economies worse than you're affecting
• 1:06:07
  the Russian exports so wait a minute this
• 1:06:10
  isn't working aha we found the result let's
• 1:06:13
  go back and do something more right Russia's
• 1:06:15
  direct investment fund you can't even invest directly
• 1:06:18
  into Russia anymore and no more dual use
• 1:06:21
  export well more dual use export things that
• 1:06:25
  can be used for two different things electronics
• 1:06:28
  remember what was it the England they were
• 1:06:31
  saying Russia they're all their tanks are being
• 1:06:35
  used they're being supplied with washing machine parts
• 1:06:39
  remember that so you got it better restrict
• 1:06:41
  those washing machines too because you know those
• 1:06:44
  could be used to create Russian tanks it's
• 1:06:48
  an idiotic argument but but that's you know
• 1:06:51
  what that that's the EU for you this
• 1:06:53
  is Ursula von der Leyen and Kayakolas two
• 1:06:56
  of the biggest the biggest goons on the
• 1:06:59
  planet government lovers one and all we love
• 1:07:02
  government let's go after people now let's see
• 1:07:06
  uh another ban October 23rd 2025 69 more
• 1:07:11
  individuals 117 more shadows and 45 new export
• 1:07:15
  controls and now they have diplomatic travel notification
• 1:07:19
  rules so if you're Victor Orban you have
• 1:07:22
  to tell the EU you're going to Russia
• 1:07:24
  oh my god you're going to Russia we
• 1:07:26
  gotta stop you so they have to you
• 1:07:28
  have to report it now or you can
• 1:07:29
  be sanctioned yourself inside the EU and we
• 1:07:33
  saw what they did to Orban right 20th
• 1:07:36
  sanctions package this is the last one April
• 1:07:38
  the 23rd of 2026 a full uh six
• 1:07:42
  months plus since the last sanctions package April
• 1:07:46
  23 2026 120 listings future maritime services banned
• 1:07:52
  for Russian crude and petroleum any future stuff
• 1:07:56
  you need future service we're not giving it
• 1:07:59
  to you 46 more shadow fleet vessels tanker
• 1:08:03
  sale due diligence you can't sell a tanker
• 1:08:06
  to uh uh to or from Russia without
• 1:08:09
  going through the EU uh due diligence process
• 1:08:13
  liquid natural gas tanker and icebreaker service bans
• 1:08:17
  you can't go up through the Arctic anymore
• 1:08:19
  LNG terminal service ban for Russian entities transaction
• 1:08:25
  bans on 20 more Russian banks and for
• 1:08:27
  non-EU financial institutions more crypto restrictions export
• 1:08:33
  restrictions and circumvention protocols and bureaucracy built in
• 1:08:39
  so you're building an enormous bureaucracy here to
• 1:08:43
  track all this stuff right and now the
• 1:08:47
  21st one that was unveiled June the 9th
• 1:08:50
  hasn't been adopted yet but it's common you
• 1:08:53
  know they'll adopt it a freeze of Russian
• 1:08:55
  oil price price cap now it can't go
• 1:08:58
  up and down like they had it go
• 1:09:00
  before to be a percentage of what the
• 1:09:03
  uh international level is they now include the
• 1:09:07
  fish like we were talking about before these
• 1:09:11
  people are nuts so uh let's see the
• 1:09:15
  EU has moved from big symbolic sanctions Putin
• 1:09:20
  Lavrov oligarch swift airspace and oil to now
• 1:09:25
  increasingly very technical sanctions against the workaround against
• 1:09:32
  of course people are working around the 21st
• 1:09:36
  package is probably the biggest symbol that sanctions
• 1:09:40
  aren't working it's bigger than anything else what
• 1:09:43
  else do you need to prove that sanctions
• 1:09:45
  aren't working except a package 22 the more
• 1:09:52
  this is what's going to happen the shadow
• 1:09:54
  fleets ship-to-ship transport crypto platforms third
• 1:09:59
  country banking and insurance re-export uh works
• 1:10:03
  you know that they're they're just they're they're
• 1:10:06
  killing themselves people are just like with the
• 1:10:08
  U.S. we don't want to use your
• 1:10:10
  your political dollarized structure because you know we
• 1:10:15
  don't want to be sanctioned too one day
• 1:10:16
  you'll decide some some idiot some unelected goon
• 1:10:21
  who's appointed to the EU uh globalism crowd
• 1:10:26
  will just sanction me one day I'll be
• 1:10:29
  on the list to be sanctioned it doesn't
• 1:10:32
  matter if you have money it matters that
• 1:10:33
  you're the political type that needs to be
• 1:10:36
  sanctioned oh you can't travel to Germany anymore
• 1:10:39
  because you uh are a Vladimir Putin puppet
• 1:10:43
  you know whatever and uh it's um the
• 1:10:48
  same old same old you know they're moving
• 1:10:51
  they they got you can't get down to
• 1:10:54
  SWIFT okay well let's build our own platforms
• 1:10:57
  what have they done SIPS is growing dramatically
• 1:11:00
  SIPS is the Chinese uh payment system and
• 1:11:04
  uh that Chinese payment system it it doesn't
• 1:11:07
  compete on a level of SWIFT yet but
• 1:11:10
  it's quietly growing year by year they implemented
• 1:11:13
  it in what 2016 2017 very very small
• 1:11:16
  but now 98 percent of Russian uh Chinese
• 1:11:21
  trade goes through SIPS a lot of BRICS
• 1:11:24
  countries are using the SIPS protocols and taking
• 1:11:27
  yuan taking money through that system and avoiding
• 1:11:31
  the dollar it's happening real time and it's
• 1:11:35
  it's not going to stop and it's just
• 1:11:38
  not you can't tell China not to do
• 1:11:40
  it they're going you're not going to put
• 1:11:42
  us in your sanctions machine no way we'll
• 1:11:45
  just build our own you know we can
• 1:11:47
  withstand you Russia built their own we can
• 1:11:50
  withstand you too long-term pain but I
• 1:11:54
  mean long-term gain short-term next several
• 1:11:57
  years yeah you know sanction package 21 they
• 1:12:00
  laugh them off now I mean who wouldn't
• 1:12:03
  you know here it comes again well you
• 1:12:05
  know our workarounds are working aren't they because
• 1:12:08
  because you're struggling to keep up and oh
• 1:12:11
  yeah this package is gonna bring them to
• 1:12:12
  their knees oh yeah just like the last
• 1:12:15
  one you know we're gonna do it well
• 1:12:17
  the adaptation of the market is what markets
• 1:12:21
  do I have an economics degree what do
• 1:12:23
  you think happens equilibrium when it's no longer
• 1:12:27
  equilibrium you put a false thing the market
• 1:12:30
  price or the market changes the market fights
• 1:12:34
  to get back to equilibrium that's economics 101
• 1:12:38
  I mean if you need to know economics
• 1:12:40
  this economics of supply equals demand that's the
• 1:12:44
  point of equilibrium equilibrium works and what do
• 1:12:48
  you do as a regulator you come in
• 1:12:50
  and you cock up the equilibrium you put
• 1:12:53
  in a sanction you put in a tax
• 1:12:55
  you put in some kind of an outside
• 1:12:57
  thing and guess what you've done you've destroyed
• 1:12:59
  the market and the ability to people outside
• 1:13:02
  of you to do what they wish to
• 1:13:05
  do and what are they gonna do they're
• 1:13:07
  gonna come up with workarounds and the market
• 1:13:09
  will always get back to where the market
• 1:13:11
  needs to be you know with your with
• 1:13:13
  your influence and I'm not saying you defeat
• 1:13:15
  the sanctions but the market will adjust if
• 1:13:18
  the product is as long as the product
• 1:13:20
  is something that's necessary and needed and as
• 1:13:23
  long as there's money to be made on
• 1:13:25
  it trust me they'll keep doing that in
• 1:13:27
  with oil that is absolutely true and the
• 1:13:30
  sanctions will never work for that reason because
• 1:13:34
  they will always try to find the market
• 1:13:37
  price and the Russians if they sell their
• 1:13:40
  their their stuff at the market level you
• 1:13:43
  know what that really means that means that's
• 1:13:45
  the surplus they're getting their highest money that
• 1:13:50
  that's your um have you ever heard the
• 1:13:54
  the what a uh a uh damn it
• 1:13:57
  I can't I'm trying to remember the the
• 1:13:59
  legal term for it um not legal the
• 1:14:04
  economic term for it it's uh the point
• 1:14:07
  at which you don't want anymore anymore the
• 1:14:11
  the the it's a it's a a needs
• 1:14:16
  -based price okay so and I wish I
• 1:14:19
  could remember the term because it's important here
• 1:14:21
  and I can't remember the term but uh
• 1:14:24
  it uh but how it works is this
• 1:14:26
  you're sitting at a table and somebody comes
• 1:14:29
  and offers you a a small cookie a
• 1:14:33
  chocolate covered cookie with a I don't know
• 1:14:36
  something on top and you're going oh my
• 1:14:38
  god that's my favorite type of cookie yes
• 1:14:41
  I'd love to have that cookie and they
• 1:14:44
  give you a cookie somebody comes up and
• 1:14:45
  they give you a second cookie the same
• 1:14:48
  exact one oh my god I love that
• 1:14:50
  cookie and I'm going to take it well
• 1:14:52
  are they going to come up and they
• 1:14:53
  offer you a third cookie of this same
• 1:14:56
  type right oh it's fantastic at some point
• 1:14:59
  you're not going to want any more cookies
• 1:15:03
  okay and all the rest of those cookies
• 1:15:06
  are of less value to you you might
• 1:15:10
  still take them but you'll save them for
• 1:15:12
  later or let's say you're paying for them
• 1:15:14
  the first one you'll pay a dollar the
• 1:15:16
  second one you'll pay a dollar the third
• 1:15:18
  one you'll pay a dollar the fourth one
• 1:15:20
  you're going you know I don't want any
• 1:15:22
  more cookies uh but you know you give
• 1:15:25
  it to me for 75 cents and I'll
• 1:15:27
  take it you know and and it's whatever
• 1:15:30
  that league the economic term is that I
• 1:15:32
  can't remember it just it's the price the
• 1:15:35
  filling price the gap price the the the
• 1:15:38
  next price the uh the the the I'll
• 1:15:42
  take it but that's what Europe has made
• 1:15:45
  for itself it's the dumped off goods of
• 1:15:48
  the uh you know we'll sell it to
• 1:15:50
  you but we're going to sell you you
• 1:15:51
  know whatever the if it's a lower quality
• 1:15:54
  a lower standard or we're just selling you
• 1:15:56
  our surplus that means you have extra to
• 1:15:58
  sell at that price and that is your
• 1:16:01
  something dollars I can't remember what it is
• 1:16:04
  your your uh whatever price that you get
• 1:16:08
  you're filling the gaps price basically and so
• 1:16:11
  that's what they're doing right now and I
• 1:16:14
  wish you could I'll remember the term I'm
• 1:16:15
  sure as soon as I post this for
• 1:16:17
  my show but I can't remember the farging
• 1:16:20
  term right now so the EU people are
• 1:16:23
  saying Russia is adapting but this adaptation is
• 1:16:27
  costing them it's expensive Russians are going to
• 1:16:29
  tell you well not really because we're still
• 1:16:32
  selling tons I mean we're still selling the
• 1:16:36
  vast majority of our stuff at full market
• 1:16:39
  price you idiots are cocking up the market
• 1:16:42
  and we're benefiting from it we're benefiting from
• 1:16:46
  that everywhere else in the world so since
• 1:16:49
  we have so much we will take our
• 1:16:52
  cumulative and put it out to you at
• 1:16:55
  the cheaper price because it doesn't really matter
• 1:16:58
  to us that's our reserve dollar that's our
• 1:17:01
  that's our money that's coming out and you
• 1:17:04
  know we'll take it because we have so
• 1:17:05
  much and you need it you're going to
• 1:17:07
  pay for it anyway and eventually the market's
• 1:17:10
  going to go back and you're going to
• 1:17:11
  have screwed yourself so bad that we're going
• 1:17:13
  to get it that's the analysis uh Europe
• 1:17:16
  is ritual just ritualistically sanctioning itself into dependence
• 1:17:23
  on other people de-industrialization strategic irrelevance they're
• 1:17:29
  becoming less and less relevant meanwhile the opposite
• 1:17:33
  is occurring in Russia China India and even
• 1:17:38
  Iran and the other people who are building
• 1:17:42
  these alternate systems there is a market effect
• 1:17:47
  to people uh like you know people in
• 1:17:51
  putting these uh sanctions there's a market effect
• 1:17:56
  but the effect is long term they're building
• 1:17:59
  alternate systems leaving your market and facing other
• 1:18:03
  things but they'll still sell to you they'll
• 1:18:06
  still sell to you but their focus is
• 1:18:08
  elsewhere and they are learning that we must
• 1:18:12
  have our own system just like Vladimir Vladimirovich
• 1:18:16
  just like Mr. Bezrukov just like Scott Ritter
• 1:18:21
  and everybody who is speaking at the St.
• 1:18:24
  Petersburg International Economic Forum recognizes economics is is
• 1:18:31
  going to bring market prices wherever there's a
• 1:18:35
  need for the product regardless of what EU
• 1:18:38
  flunkies like Ursula von der Leyen and Kayakalis
• 1:18:43
  want to occur Marco Rubio's of the world
• 1:18:47
  too in a war not helpful sanctions not
• 1:18:51
  helpful at all the market is what's helpful
• 1:18:55
  and everybody is talking about building their own
• 1:18:58
  market that won't be subject to western-based
• 1:19:06
  sanctions alternate systems and all of that stuff
• 1:19:10
  repeatedly these sanction uh objectors are saying
• 1:19:20
  that and watching we're all watching it in
• 1:19:22
  real time sanctions have boomeranged against Europe European
• 1:19:26
  governments are hurting their own economies but they're
• 1:19:30
  not isolating Russia like they think they are
• 1:19:33
  or Iran or China or India they're forcing
• 1:19:37
  them together they're forcing the growth of bricks
• 1:19:41
  and of alternate markets they're forcing other people
• 1:19:45
  that are allies of the EU of the
• 1:19:48
  United States to go you know one day
• 1:19:50
  they're not going to like us very much
• 1:19:53
  either I mean you think Turkey's watching this
• 1:19:55
  with great anticipation saying geez we really want
• 1:19:58
  to sanction Russia no they're a good trade
• 1:20:00
  partner with Turkey Iran I mean I'm sorry
• 1:20:02
  with Iran with Russia with Azra with everybody
• 1:20:05
  in the area they're on the south part
• 1:20:07
  of the Black Sea for God's sake you
• 1:20:09
  know this is big time trade and they're
• 1:20:11
  not going to go away because you don't
• 1:20:13
  get a change your neighbor you know my
• 1:20:15
  you know your neighbor is still going to
• 1:20:16
  be there in 100 years unless you slaughter
• 1:20:19
  them you know that's that that's they're still
• 1:20:22
  going to be there uh Slovak prime minister
• 1:20:26
  Robert Fico claims that the EU is only
• 1:20:28
  hurting itself and Russian sanctions reportedly investment uh
• 1:20:34
  Kirill Dmitriev his argument is that energy sanction
• 1:20:38
  exposed many many strategic blunders as soon and
• 1:20:42
  it became very evident when oil prices rose
• 1:20:45
  and that's what caused the need for sanctions
• 1:20:48
  package 21 right so it's it's it's it's
• 1:20:55
  it's lunacy the 21st sanctions package is not
• 1:20:59
  proof that Europe has Russia cornered I mean
• 1:21:03
  if they were cornered they'd have been cornered
• 1:21:05
  with the first sanctions package right it's proof
• 1:21:08
  in my view that the sanctions war is
• 1:21:11
  more or less only permanent bureaucracy every new
• 1:21:17
  package is advertised as an escalation but most
• 1:21:20
  of the new measures are really attempts to
• 1:21:23
  plug holes created or recognized based on the
• 1:21:26
  last packages Russia is paying a price to
• 1:21:30
  be sure but Europe is also paying a
• 1:21:32
  huge price and by the way the rest
• 1:21:36
  of the world is learning at the same
• 1:21:40
  time how to live outside of western controlled
• 1:21:46
  systems so you know I I naturally target
• 1:21:53
  government overreach I I just don't like it
• 1:21:56
  you know and I don't like this government
• 1:21:58
  overreach any more than I like the overreach
• 1:22:02
  of a creative lawyer creating a definition that
• 1:22:07
  isn't accurate which is the attorney general for
• 1:22:10
  the state of Missouri creating her own definition
• 1:22:13
  or claiming that a judgment created a definition
• 1:22:18
  when it didn't and just using it as
• 1:22:23
  a club to beat people over the head
• 1:22:25
  with I don't like that if you want
• 1:22:28
  to I don't know elect the next governor
• 1:22:31
  that's usually the step you know just like
• 1:22:33
  a prosecutor becomes a judge you know this
• 1:22:37
  attorney generals often run for governor that's what
• 1:22:40
  I see you know if you want a
• 1:22:42
  governor who's willing to beat up on small
• 1:22:44
  business you know a minority owned those you
• 1:22:48
  know take on the bureaucrat that'll create their
• 1:22:52
  own definitions you know that's that's that's not
• 1:22:56
  that's not anything other than government brutality that's
• 1:23:02
  what it is and and I object you
• 1:23:05
  know I don't like that kind of thing
• 1:23:06
  and and I don't mind speaking out about
• 1:23:09
  it you know and I'd be happy to
• 1:23:10
  convince me I'm wrong please say tell me
• 1:23:14
  I'm wrong tell me why you know I'm
• 1:23:17
  I'm right so and and and trust me
• 1:23:20
  it it's what you're doing is not helpful
• 1:23:23
  targeting businesses targeting individual people you know after
• 1:23:28
  you you're going to cooperate with them and
• 1:23:30
  then you're you're going to target them you're
• 1:23:33
  going to take action you're going to destroy
• 1:23:35
  a business that takes a lifetime to develop
• 1:23:38
  or not just a business hundreds and hundreds
• 1:23:42
  and hundreds of such businesses you know not
• 1:23:45
  everybody owns 40 convenience stores that you get
• 1:23:49
  to attack one the other 40 fall in
• 1:23:52
  line you own one you know you buy
• 1:23:55
  one you work it you you live it
• 1:23:57
  day and night you know you're selling your
• 1:23:59
  corn nuts in your uh your packages and
• 1:24:02
  your alcohol and you have games in there
• 1:24:05
  and every anything you can do to make
• 1:24:06
  that business more profitable and these people tear
• 1:24:09
  it down without a second thought this is
• 1:24:13
  government overreach this is abuse they don't even
• 1:24:15
  think about you they don't care about you
• 1:24:18
  they don't think about you and if they
• 1:24:20
  can create a propaganda thing based upon you
• 1:24:26
  that's exactly what they're going to do because
• 1:24:29
  power is what is necessary for these type
• 1:24:33
  of people and uh and and I don't
• 1:24:35
  like it you want to be a governed
• 1:24:37
  administrator great follow the law you know follow
• 1:24:41
  what what you know treat everybody the same
• 1:24:44
  don't pick and choose you know I'm going
• 1:24:47
  to go after this guy not that guy
• 1:24:48
  that's nonsense and let legislator put legislature pull
• 1:24:52
  your heads out of your rear ends and
• 1:24:54
  do something tomorrow I'm going to talk extensively
• 1:24:56
  about this I've written an article it's out
• 1:24:59
  on civicoutlaws.com um you can go out
• 1:25:03
  to the blog page and get my latest
• 1:25:06
  art article who's really in charge in Jefferson
• 1:25:08
  City and I think it's a good you
• 1:25:10
  know it's a good read I tried to
• 1:25:12
  uh you know I practiced law for many
• 1:25:14
  years and I have my own personal story
• 1:25:16
  about that that I'd love to go through
• 1:25:18
  with you as well because that's a corrupt
• 1:25:20
  pile of crap too and the way these
• 1:25:23
  people are uh taking the government and using
• 1:25:26
  it as a club against people I'm against
• 1:25:30
  and I'm happy to speak up about it
• 1:25:32
  and uh tomorrow Civic Outlaws program starts at
• 1:25:36
  7 a.m goes till 8 30 a
• 1:25:40
  .m and I've got a you know some
• 1:25:44
  information to share some discussion on the topic
• 1:25:49
  some of the efforts that we are engaging
• 1:25:52
  in and taking specifically related to these so
• 1:25:57
  -called uh well they're not so-called but
• 1:26:01
  VLT machines gaming machines and the inaction of
• 1:26:05
  the state in fixing this problem and creating
• 1:26:09
  regulatory nightmare land very equal to the sanctions
• 1:26:14
  we've been discussing here bureaucrats doing what bureaucrats
• 1:26:19
  do Kayakolas, Ursula von der Leyen they're bureaucrats
• 1:26:23
  uh Kristen Templeton uh Catherine Hannaway they are
• 1:26:28
  ultimate bureaucrats and they bureaucrats do what bureaucrats
• 1:26:34
  do that's it you know you don't get
• 1:26:36
  to control that and tomorrow we're going to
• 1:26:38
  be talking about that pretty much exclusively hope
• 1:26:41
  to have some information for you thank you
• 1:26:44
  for listening to International Flavor today we're on
• 1:26:47
  Monday through Thursday 7 30 to 9 a
• 1:26:50
  .m Civic Outlaws on Friday here at damradio
• 1:26:54
  .com forward slash live I hope you have
• 1:26:57
  a fantastical mid-Missouri day thanks for joining
• 1:27:02
  me