9/08/2017

US - The Financial Highway Robber And Sanctions


US is bankrupt and has an insolvent debt of 26 trillion dollars. It is now resorting to chicanery and unorthodox means of extorting money from other countries by way of sanctions other then printing billions  of petrol dollars in fiduciary issues,

US is the only country in the which illegally uses sanctions as a means to to rob other countries of billions of dollars to fill its coffer. Sanctions have always been used by US in trying to bring down adversary countries to economic destruction. But does it really work?  US Imposed sanctions on China for decades from 1940s to 1970s. The sanctions might have resulted in China adopting the impromptu Great Leap Forward in the later part of 1950s for economic survival and may be the Cultural Revolution in 1960s to get rid of internal class enemies and economic saboteurs as well as the Kuomintang ( KMT ) the US Fifth Column operating in China under the direction of CIA. But the sanctions failed in its objective to raise a counter revolution to bring down the Peoples' Republic Of China ( PRC ). Instead through grit and gumption and the indomitable spirit of the Chinese people China not only survive but grow ever stronger from year to year. US also imposed economic sanctions on many other countries like Russia, Cuba, Vietnam, Iran, Venezuela and Cambodia. It didn't work for all these countries survived the American sanctions.

Then why do the Americans continue to use sanctions against other countries. There is a hidden agenda in the use of sanctions. The hidden agenda has many other objectives other than bringing adversaries down economically. It serves to bring American friends and allies under strictor American control and dominance. But the most sinister objective is that it serves as a robbing machine, a banditry organ to extort and rob from friends and foes of multi-billion dollars to fill the US coffer.

US will pick a country to sanction. Then it announced that no countries are allowed to trade or have financial transactions with the country under sanctione. This is tantamount to economic war against third countries which will be exploited, abused and treated with contempt with impunity by US. Using sanctions is US crooked ways of helping American companies to sell their products to the third countries at very much higher prices than what they can buy from the country under US sanction. Thus US is exercising extraterritorial rights through the medium of sanctions..

Under this American bill of sanctions foreign banks and enterprises are subjected to crippling US restrictions, lawsuits and gigantic fines. Companies that trade with the country or countries under US sanctions will pay to  a substantial heavy fine of billions of dollars to the US government.

A Singapore based company CSE Global was subjected to a fine of 12 million US dollars to settle apparent violations of Iran sanctions by its subsidiary  in 2013 for non-US goods and services lawfully rendered by CSE Global and CSE Transtel both based in Singapore. The fine was imposed by US Treasury Office of Foreign Assets Control ( OFAC ) ,

In July 2015, under a UN deal, Iran gave up its right to develop nuclear weapons and thus international sanctions was lifted. However US retained its own previous sanctions.So under this US retained sanctions any foreign banks or enterprises that transact business with Iran especially Iran's oil and gas would deemed to have infringed serious legal, political, financial and reputational risks and would be subjected to US fines of billions of dollars and US regulatory agencies as well as deprived of insurance coverage and cyber security and other future business opportunities.

US is thus wantonly and illegally exercising extraterritoriiality power against other countries. US seems to be getting away with this mafia style behaviour because it has built up a vast obscure legalistic network to impose its will on the free world economy. This is possible due to the omnipresence of the petrol dollar, unrivalled spywork and intelligence gathering and strong arm twisting and intimidation.

US is indeed using sanctions as an instrument to serve the interest of US industry and economy. The United Nation must denounce this extraterritoriality of US legislation as unlawful and formulate universal laws against the Extraterritoriality of US legislation. US adopts a deceitful outlook as a benevolent country that can only do good but which in actual fact its demonic thick wall of legislation has the precise intention to use its laws to serve US economic and political imperialism with the objective of gaining exclusive economic and strategic advantages.

Armed with this toxic legislation US will always purportedly in the fight against corruption and terrorism righteously pursue any country, entity or person legally against the alleged offender but which in actual fact is to collect illegally the sanction related fines of billions of dollars for the US treasury.

In 2014 France leading bank BNP - Paribas was fined 9 billion dollars for the fake accusation that it used dollar transfers in deals with countries under US sanctions though the transactions were perfectly legal under French law except that the payment was transited by way of U S where it was detected.

Also in October 2016 US fined Deutsche Bank of Germany a whopping 14 billion dollars although it had already paid hundreds of millions of dollars earlier to New York State. This horrific illegal fine due to sanctions may yet cause an European financial crisis.

US is imposing more severe sanctions on North Korea and is tinkling with the idea of stopping all countries from trading with DPRK either in goods or services. This is clearly aimed at China where hundreds of Chinese companies have traditional business with North Korea. Thus not only many foreign companies will be hit but Chinese companies will be hit the hardest. China is US biggest trading partner and so in threatening the economies of China it will seem like US is lifting a stone to drop on its own toes.

It must be seen that all the new bills regarding each and subsequent US sanctions are just a series of US legislative measures to curb and break down other countries national legal sovereignty and create stealthily a globalized US hegemonic jurisdiction in which US can sue anyone or any country for anything with ultimate investigative force and prime enforcement power held by the US government.

Thus the full weight of US sanctions must be seen in the light of its sinister agenda : ( 1 ) To impoverish the country under sanction and destroy it economically.  ( 2 )  Using sanctions as a basis to collect billions of dollars in illegal fines by the mechanism of US legislation and US Treasury of Foreign Assets Control. In short it is trans border armed robbery.  (3 ) Laying the footprint of US Exceptionalism and Extraterritoriality Power.  ( 4 ) Act as fait accompli for US globalized hegemonic jurisdiction and political control.  ( 5 ) Sanctions as part of the means to stop China from becoming a super power.

It is the US petrol dollar that enables US to sinisterly and illegally impose its sanctions. China, Russia and all the BRIC countries are now working hard to break the grip of the US dollar . Once the US petrol dollar loses its value and power US will rot fast and become as poor as a third world country.

Southernglory1

Friday, 8th September,2017




9 comments:

Anonymous said...

US needs to accept the fact that it does not hold absolute authority over the world. If the US is not able to tame North Korea, how can it force big powers such as China and Russia to yield to its demands through sanctions and deterrence?

Virgo49 said...


Amusing Human Beans.

Why? in the first place the whole World allowed the Americans to tell them what to do and obey?

Why? in the first place, Sinkies allowed the PAP to tell them what to do and obey? ?

Now they also sanction anybody they wants and padded any laws to their benefits as they want.

PAP and USA alike? ?

No wonder they adore and carried the Americans balls.

Anonymous said...
This comment has been removed by the author.
Anonymous said...

Most if not all White Men controlled countries are the same as USA.

Time travel back in time when there was the Spanish Empire, the French Empire, the German Empire, the British Empire, the Dutch Empire, the US Empire, Vikings Empire, etc. etc. etc. They invaded, murdered, killed, raped, enslaved, annihilated the entire tribe, entire village, entire city, entire country, and grabbed their lands, screwed their women and robbed their wealth, valuables, properties, etc. including their livelihood and their lives.

The Japanese learnt from them.

The Bananas learnt from them.

The founders of the PAP learnt from them.

The present lot of the PAP leaders were and are still being educated by them.

What irony!

Anonymous said...

Sanction is a mystery to sinkies. It s like chewing gum missed by expats kids on sinkieland. Sanction on oil supply is quite evil. It means cooking becomes expensive suddenly to North Koreans. It is tabled at UN. Monday is the outcome. So far China kept quiet on the support. Russia rejected it on Moon s visit in Russia.
When China and Russia heads discussed about H bomb at Xiamen Brics, the reported statement was: both sides would respond appropriately. This means no agreement among the two heads. On DPRK, the future is getting clear after this statement.
Russia s Eastern Economic Forum had Mongolia president, Abe, Moon attended as head of states. China sent deputy pm Wanyang. Putin rejected Moon s request to stop oil supply to the north. In meeting with Abe, he didnt wait for Abe to open mouth on oil embargo. Putin invited Abe to join projects to develop ports in DPRK, and there is a rail route crossing the entire DPRK linking to Siberia. Russia seems already firmly DPRK projects. To stop oil supply to DPRK from Russia? Fat hope.

What US wants? Moon can go round the world shouting "charge ah". Where is the H bomb? Its the North that are scary. All this shouting with Trump will come to no development as ending. China will continue the support for US in sanctions. Russia pick up the gold on the ground. Russia has an ally that carries H bomb and can hit US at "merciless preemptive strikes upon a bullet ignition on NK" as warned by DPRK head. China, on the other hand, since yesterday, had lost its initiative. 4 Thaad deployed at SKorea with powerful radar watching almost 70% missiles movement or others big objects movements. China s "preemptive strikes" capability is in doubt. Now India Chief of Staff said openly that China is joining force with Paki to attack India using a "cut sausage strategy". When China fire missiles, India may know immediately through US.

Russia is the winner in future strategies with DPRK. US will continue to use SKorea to shout aloud and use UN as tool to control China and Russia s action toward DPRK. Japan will be the recipient of H bomb when US open fire at DPRK. 1 H bomb will be enough to get Trump to resign due to internal pressure.
So there is no possibility of Korean war. DPRK is unlikely to be traitor of its own kind ie Koreans race. Japanese race had given Koreans hard time. The revenge may come up if US open fire. Therefore Abe should not be the front riffle man should "charge ah". Die first.

b said...

Politics are about self interest. Unless politics are abolished, bad things will keep happening. China should groom a usa president to take over so there can be some form of peace.

Anonymous said...

North Koreans are very fascinating, the way they've hold the Americans by the balls !

b said...

They are all working for the deep state otherwise they will send ass-as-sins to slaughter each other leaders. Its part of a plan for deep state to create more mess to sell more shit.

Anonymous said...

2:58pm
Americans are held by poor military training. This conclusion seems too extreme. Its true by reading an article about Assad winning the war on Independent UK. The deserts guerilla war with IsIs supported by the west with good land weapons has trained Syrian arab army to be tip top soldiers. Twitter reported 8 Sep, Syrian troops took over all the 900 key points from US supported mercenaries, except a point currently still has US soldiers present.
The US forces included those UK US supported syrian democratic forces all are defeated by Assad s army, led by Gen Kedour (may misspell), Tiger Saleh and the rest.
US marines want to fight DPRK?

Trump will know the results by looking at Syrian war. How the US UK supported IsIs? The outcome is defeat.

Are Skorean soldiers so motivated to fight DPRK soldiers? The guess is much easier than guessing Assad s soldiers would win.

Trump will dare not to have direct fight with DPRK. Mattis is the defense chief and was commander in the middle east. Mattis should know Syrian troops and IsIs well.