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Russia Ships Record Volumes of Gas and Steelmaking Coal to China

October 26, 2022
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By Paul Homewood

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https://www.bloomberg.com/news/articles/2022-10-25/russia-ships-record-volumes-of-gas-and-steelmaking-coal-to-china?mc_cid=a7362e4692&mc_eid=4961da7cb1&leadSource=uverify%20wall

This exposes the utter pointlessness of Western sanctions on Russia.

Russia is sitting pretty, simply diverting oil and gas to China and India, while at the same time benefitting from historically high prices. China also benefits, while the US and Europe are left to beg OPEC to supply them.

17 Comments
  1. Olde Reb permalink
    October 26, 2022 7:04 pm

    Paul, Is the following worthy of consideration ? Jim
    *****************************************************
    QUESTIONS REGARDING THE INCOME TAX

    The following letter has been mailed to my elected members of Congress regarding matters that are of my concern. If you feel that your elected officials should be aware of the situation described, feel free to forward a copy to them, or to post it elsewhere with this website’s link.

    ***************************************************

    Dear Congress Critter,

    One issue the ‘deep state’ does not want discussed is the income tax. The statute in the 1939 IRS Title 26, Section 1, imposed a tax on “all income.” In the rewriting of 1954, it was changed to “taxable income”– ‘without change.’ They realized the unconstitutionality of a tax upon Sovereign Citizens and of incompatibility with Constitutional mandates. If a person wants to volunteer a payment to the IRS, they will take your money—and demand more. If an income tax on Sovereign Citizens was valid, the government could demand 100% of an individuals’ earnings and slavery [a coup] would be obvious. And that, with the hiring of 87,000 armed IRS agents, appears to be the objective—WITH INCREASED TAX RATES.

    Without a statute that imposes the tax, an identified violation [which is necessary for valid process] can never be pled. If the responsibility/ statute is not before the court as an issue in the indictment, the court can never rule it unconstitutional. Tricks of the trade. Income tax indictments suggest violation of statutes ##7201-7215. Those statutes have been applied to gambling, horse racing, admission and other taxes. They cannot allege violation of a “known legal duty” for an income tax. All such indictments appear to be invalid. The Supreme Court, relying upon the Congressional Record, has confirmed the statues apply to all taxes.

    The chaos of the USA society, and the government corruption, along with globalist Great Reset oppression, are submitted to be instigated and funded by two methods of questioned legality.

    First: An Income tax on Sovereign Citizens is not consistent with Constitutional authorization nor does statutory authorization for such a tax exist. The nation is being decimated with this transfer of wealth to financiers via a Ponzi scheme. Ref. https://stateofthenation.co/?p=132923 ; THE INCOME TAX SCAM & 87,000 ARMED IRS AGENTS

    Second: The Federal Reserve system is alleged to covertly transfer $4 billion ‘profit’ derived from auctions of Treasury securities [government money] to unknown Fed shareholders DAILY [per each trillion of annual deficit spending]. All profit of the Rothschild’s Fed legally belongs to the government. The relevant accounts have never been audited. Ref. https://stateofthenation.co/?p=116267 THIS IS OUR BANKING SYSTEM. This scheme appears to have historic roots; ref. Benjamin Ginsberg, FATAL EMBRACE.

    Both methods involve financiers – BEYOND GOVERNMENT – who are the chief beneficiaries. The writer concludes that every annual trillion dollar deficit results in Rothschild owners receiving $20 billion every week to spend on a globalist agenda, laundering in Vanguard or BlackRock for enterprise control, IMF domination, WEF, Covid lockdowns, Ukraine war-mongering, southern invasion, mass destruction of food processors, curtailed petroleum supplies, and George Soros among many more.

    Globalist’s source of unlimited funding is analyzed to come from the FRBNY’s exclusive handling and ‘disappearing’ of funds from auctions of Treasury securities. TreasuryDirect Institutional tabulations historically identified ‘new cash’ and implied the funds went to the government. If that money went to the government, it would be the same path as tax revenue [from public funds to government coffers]. Such a flow would eliminate any increase in National Debt and also avoid any increase in circulated market value [inflation]. Money exceeding that which is used to roll over prior debt is generated from the auctions which is NOT transferred to the government. Nobody, including Cato, Mises Institute, and others, has identified where that money goes. The accounts have NEVER been audited.

    Do you believe a congressional committee should investigate either of these matters to prevent further exploitation of the nation ?

    Respectfully,
    I. R. Citizen
    Hometown, USA

  2. Mal permalink
    October 26, 2022 7:24 pm

    The sanctions were never intended to harm Russia Paul, but to weaken and demoralise the EU. With some €8 trillion of debt, a large percentage of their defence capabilities ‘donated’ to Ukraine, and insufficient energy / grain to see out the winter, the EU is in dire straits.

    In order to ‘build back better’ it is necessary to destroy the current structures. The EU is quietly saying goodbye to its currency, cultures, and socioeconomic framework. And actually, so are we.

  3. Harry Passfield permalink
    October 26, 2022 7:32 pm

    In the meantime our very new government prevents the UK benefitting from the gas under our feet because some activists who don’t have this country’s interests at heart (mainly because they are being paid by another) pretend that an insignificant tremor – much less than ever felt from coal-mining – is a catastrophic earthquake.
    On the plus side, the gas is going to go away so will be there in the future when we get a government which does care.

    • Harry Passfield permalink
      October 26, 2022 7:39 pm

      Oopps! “On the plus side, the gas is NOT going to go away…”

    • Mr Robert Christopher permalink
      October 26, 2022 9:49 pm

      That is what it looks like but, in reality, it’s what their puppet masters want for us.

      “Russia Ships Record Volumes of Gas and Steelmaking Coal to China” and they sell it on to the EU.

      And EVERYONE is H-A-P-P-Y!

      Russia get revenue for its resources, with a little subsidy for China, which makes China more amenable to the SMO.
      China profits from selling it on.
      The EU is ecstatic because, while expensive, they do get some fuel.
      And the US is letting NATO succeed with, keeping the US IN, Russia OUT, and Germany DOWN.

      I think the Greek ship owners are still happy because they have been making huge profits, though I haven’t had a recent update.

      UvdL is talking about the seized Russian foreign currency: not stolen, but seized, and looking for a legal way to steal it!

      Britain just has to act as though it’s still in the EU, hence the fraccing reversal.

      The Europe’s Energy Industry is expendable.

  4. A+man+of+no+rank permalink
    October 26, 2022 7:58 pm

    I’m with you Harry. Labour will get elected next time and their leader is committed to net-zero by 2030. Country will be on its knees by then and fracking and coal will be needed to help us out. So the gas stays in the ground until 2030.
    Fine, but by then I’ll be pushing up daisies!

  5. marlene permalink
    October 26, 2022 8:33 pm

    “China also benefits, while the US & Europe are left to beg OPEC to supply them” No, the US doesn’t have to beg.  It has all it needs for itself.  But this administration is selling it to foreign nations and raiding the US’s Strategic Supply Reserves in deliberate attempt to empty it & leave us as the mercy of Biden’s friend – China – and trying to make friends with the middle east oil barons by buying theirs

  6. October 27, 2022 4:43 am

    let Russia sell its energy for transfer Yuan. See what they can buy for it.

    • dave permalink
      October 27, 2022 9:30 am

      “See what they can buy for it.”

      The purpose of exports of real goods and services is to enable imports of different real goods and services. Otherwise it is a GIFT. It does not matter what the transactions look like in various meaningless fiat currencies.

      The Russians were recently thwarted trying to get spare parts for the Ukrainan-made engines that power all their helicopters, from a traitor in Ukraine. They want those bits of kit. Those physical things. If they can’t get them, they are screwed. Does not matter how many “billions” they have in a Chinese bank.

  7. John H permalink
    October 27, 2022 9:41 am

    Stop sending money in overseas aid to India They don’t need it and we can’t afford it.

    • Gerry, England permalink
      October 27, 2022 11:12 am

      How likely is that now we have an Indian Prime Minister that nobody voted for – even the Tory MPs did not vote on this.

      • catweazle666 permalink
        October 27, 2022 2:17 pm

        But he’s the choice of the WEF and Davos brigade, which is why Truss had to go, notwithstanding the fact that her policies were not remotely as catastrophic as the mainstream press made them out to be – very much the opposite in fact.

      • Gerry, England permalink
        October 27, 2022 2:27 pm

        I agree on both counts. The presentation of the policies was very poor and the whole thing was rushed.

        Good to see the new premier of Alberta is going to break ties with the WEFascists.

      • Ray Sanders permalink
        October 27, 2022 11:05 pm

        In fairness to Mr Sunak, he was born in Southampton. His father was born in Kenya and his mother in Tanganyika. His paternal grandparents were from modern day Pakistan. Hardly makes him “Indian” really.

  8. Dan permalink
    October 27, 2022 3:21 pm

    Volumes being exported are massively down and at much lower value.

    • Ray Sanders permalink
      October 27, 2022 10:10 pm

      Interesting claim. Do you have any evidence you share with us refer us to supporting your assertion?

Comments are closed.