51314 Gleaning In The Antichrist New York Team Obozo The POTUS Clown 911 Minute Everything Will ”Change” Israel And The Nations Are ”The Duck Caught In The Soros 666 NWO Noose”
In other words, in one week’s time look for not only the announcement of the Russia-China “holy grail” gas agreement described previously here, but its financial terms, which now appears virtually certain will be settled exclusively in RUB and CNY. Not USD.
And as we have explained repeatedly in the past, the further the west antagonizes Russia, and the more economic sanctions it lobs at it, the more Russia will be forced away from a USD-denominated trading system and into one which faces China and India. Which is why next week’s announcement, as groundbreaking as it most certainly will be, is just the beginning.
But until now much of this was in the realm of hearsay and general wishful thinking. After all, surely it is “ridiculous” that a country can seriously contemplate to exist outside the ideological and religious confines of the Petrodollar… because if one can do it, all can do it, and next thing you know the US has hyperinflation, social collapse, civil war and all those other features prominently featured in other socialist banana republics like Venezuela which alas do not have a global reserve currency to kick around.
Or so the Keynesian economists, aka tenured priests of said Petrodollar religion, would demand that the world believe.
However, as much as it may trouble the statists to read, Russia is actively pushing on with plans to put the US dollar in the rearview mirror and replace it with a dollar-free system. Or, as it is called in Russia, a “de-dollarized” world.
The Dow had its narrowest range day of the year today and volume was dismal (as weak as yesterday’s) but we made new record highs so USA USA USA. From the start of the 666 S&P Bottom to the Antichrist Kissinger New World Order all time high day stocks were in a wild world of low volume (Omen) levitation of their own as bonds made lower and lower yields and USDJPY was not supportive at all. Once Europe closed, the bid for US equities disappeared and Nasdaq and Russell tumbled, with the Dow and S&P catching down to unch. Bundesbank bullshit sent the EUR lower (cracking below 1.37 at 6 week lows) and thus the USD higher (+0.3% on the week). Treasury yields tumbled (and flattened) all day with 30Y -2bps on the week (and 7Y -6bps from today’s highs). VIX had another seizure today (this time spiking up) and closed higher.
It’s Tuesday…for the Dow…
It’s Dow Tuesday ..Durr!
Talmudic Jews thrown out of Spain, and Jewish Christopher Columbus’s Deep 666 Flag Ship is suddenly discovered in Haitian Hell Water. Such ”ironic” timing. Next thing you know Mark Biltz will discover a tetrad of Blood Moons and Cahn will discover exact Harbinger judgment while the last Pope Petrus Romanus rises with comets earthquakes wars and rumors of wars etc… etc.. etc…
We would also like to point out that Doug Mesner, who is an intellectually dishonest activist for Satan worship only, is also the instigator of another initiative, much in line with his philosophy: namely the Statue to Baphomet intended for the Oklahoma State Capital. The statue depicts a goat-headed devil with two smiling children near its lap. At first glance, it is “merely” a satirical take on depictions of Saint Nicholas common in popular culture.
There should exist a very powerful watchdog group honestly and fearlessly blowing the whistle when Christianity is defamed by Jewish big media, unafraid to identify its perpetrators as Jewish. The Anti-Defamation League does this for the benefit of Jews. Whenever a politician or Christian leader comments unfavorably concerning Jews or Israel, ADL demands an apology and virtually always gets it. The alternative is political or professional ruin.
But ADL is silent regarding the defamation of Christianity. Good Christian Bitches is a television sitcom to air on Jewish Disney/ABC March 4, based on a book of the same title. Due to protest, its title has been shortened to “GCB” in American markets. No one is fooled. The show portrays Christian women as petty, gossipy and vindictive.
Can you imagine ADL’s response if a sitcom were called “Good Jewish Bitches?” But it is predictably silent in this case, too busy decrying campus criticism of Israel, unauthorized use of terms like “holocaust” and “Hitler,” and getting the mildest critic of Israel, Pat Buchanan, sacked from MSNBC.
How can Christians defend themselves from propaganda attacks like GCB?
In this article I will present biographical sketches of each, helping us understand what fuels their anti-Christian animus. But first a brief overview of Disney/ABC, the enormous perversion of Walt Disney’s vision that makes their twisted creativity possible.
In 1984 Disney shareholders Sid Bass and Roy E. Disney hired former Paramount CEO Jewish Michael Eisner to head Disney. Eisner rapidly remade Disney into what Roy Disney described as a “rapacious and soulless” company. Eisner vastly expanded Disney theme parks and acquired ABC television and Miramax Films. In violation of the values of Walt Disney and heartland America, he aggressively promoted homosexuality in Disney theme parks and productions.
In 2005 Eisner was deposed, succeeded by his long-time assistant and former president of Disney, Robert Iger. Iger is the person most responsible for making “Good Christian Bitches” possible. Unlike many “secular” Jewish moguls in Hollywood, he is a practicing Jew.
Does that mean he is generous toward Judaism’s “separated brethren,” Christians? Not at all. Like all observant Jews, he accepts the ultimate authority and inspiration of the ancient Pharisees who killed Christ and recorded their hatred of Him in the Babylonian Talmud.
The Talmud says this about Jesus: His mother, Mary was a whore and He a bastard (Sanhedrin 106b). Jesus was one of the three greatest enemies of Judaism (Gittin 56b-57a). The Pharisees righteously killed Him (Sanhedrin 43a). He is now in hell, writhing in boiling semen (Gittin 56b). His disciples were also righteously killed by the Jews (Sanhedrin 43a).
The New Testament reveals that the Pharisees of Jesus’ day considered Him demon-possessed (Mark 3:22), a charlatan doing great works by the prince of the devils, Beelzebub (Matt. 12:24); a deceiver of the people (Matt. 27:63); a blasphemer (John 10:36); and having an unclean spirit (Mark 3:30).
Does Iger believe all this against Christians? Religious Judaism means accepting as fact what the Talmud says about Christ and Christians. The Talmud says of Christ that “he was a fool and we do not pay attention to what fools do” (San. 67a). It encourages Jews, “whatever you find written about Him, lecture upon it to His disadvantage” (San. 106b). Portrayal of Christianity as a religion of fools and lecturing against it through TV comedy is a religious good work for the practicing Talmudic Jew.
The scene takes on an even more sinister character however when we take into account the well-documented cases—not only of sexual abuse—but also of murder of children that have occurred within the contexts of “real” Satanic Masses…like the one scheduled for your campus. A cursory review of police records can attest to the perverse and murderous nature of Devil worship, as does the testimony of those victims who have managed to survive. Being a Harvard alumni has until now been a source of pride for many a family; please, President Faust, do not transform this pride into shame..
The White House is waging an all-out assault on religious liberty. Public schools are indoctrinating our children with the gospel of secularism. Hollywood is spewing toxins into our homes. The soundtrack of our lives is a pulsating mix of sex and violence and filth. The American family is in ruins. What was once wrong is now right and what was once right is now wrong.
Our nation stands on a precipice. Freedom hangs in the balance. We live in a postmodern and post-God nation. The perfect storm is brewing. Do not be deceived. There may be a war on religious liberty, but the true target is Christianity.
…as with the nations and Israel, the prophetic blessing and tribulation is now being unsealed.
Is the Fed “tapering”? Did the Fed really cut its bond purchases during the three month period November 2013 through January 2014? Apparently not if foreign holders of Treasuries are unloading them.
From November 2013 through January 2014 Belgium with a GDP of $480 billion purchased $141.2 billion of US Treasury bonds. Somehow Belgium came up with enough money to allocate during a 3-month period 29 percent of its annual GDP to the purchase of US Treasury bonds.
Certainly Belgium did not have a budget surplus of $141.2 billion. Was Belgium running a trade surplus during a 3-month period equal to 29 percent of Belgium GDP?
No, Belgium’s trade and current accounts are in deficit.
Did Belgium’s central bank print $141.2 billion worth of euros in order to make the purchase?
No, Belgium is a member of the euro system, and its central bank cannot increase the money supply.
So where did the $141.2 billion come from?
There is only one source. The money came from the US Federal Reserve, and the purchase was laundered through Belgium in order to hide the fact that actual Federal Reserve bond purchases during November 2013 through January 2014 were $112 billion per month.
In other words, during those 3 months there was a sharp rise in bond purchases by the Fed. The Fed’s actual bond purchases for those three months are $27 billion per month above the original $85 billion monthly purchase and $47 billion above the official $65 billion monthly purchase at that time. (In March 2014, official QE was tapered to $55 billion per month and to $45 billion for May.)
Why did the Federal Reserve have to purchase so many bonds above the announced amounts and why did the Fed have to launder and hide the purchase?
Some country or countries, unknown at this time, for reasons we do not know dumped $104 billion in Treasuries in one week.
We do not know why or who. We know that there was a withdrawal, a sale, a drop in the Federal Reserve’s “Securities held in Custody for Foreign Official and International Accounts,” an inexplicable rise in Belgium’s holdings, and then the bonds reappear in the Federal Reserve’s custodial accounts.
What are the reasons for this deception by the Federal Reserve?.
for it is written,
“As I live, says the Lord, every knee shall bow to me,
and every tongue shall confess[a] to God.”
so that at the name of Jesus every knee should bow, in heaven and on earth and under the earth, 11 and every tongue confess that Jesus Christ is Lord, to the glory of God the Father.
…and as a result the cheers of Team 911 Israelis and The Antichrist Talmud Dipshit Bibi Gun Obozo Clowns of Al Q up some Saudi 666 Fed Debt Note love, only this time the NTI Last Best Chance Skull And Bone Nuclear Tipping Point doesn’t premier in Team Monkey Boy’s White House Of Homosexual Horror, the Iranian scapegoat cheer for the death of orthodox Jews when NYC is sacrificed as the ”Harbinger Judgment” will show it’s ugly head with more than a monolithic Byte out of the Big Apple. Moloch needs the global NWO 666 sister city of Babylon The Great upon the fiery alter of the Earth in order to keep people unmoved and seated in the Antichrist 666.
Just as Russia had promised, sanctions were not effective and so they went straight to targeted bans. On the heels of The Pentagon admitting that they had “no solution” to replacing Russian rocket engines in the launch systems for US military satellites (as we have covered extensively), Deputy Prime Minister Dmitry Rogozin this morning announced:
*ROGOZIN: RUSSIA TO HALT U.S. GPS BASES IN RUSSIA ON JUNE 1:IFX
*RUSSIAN BAN ON ROCKET USE FOR US MILITARY SATELLITE LAUNCHES: IFX
He further added that Russia will not extend its partnership in the International Space Station beyond 2020 (which suggests Russia does not expect a quick resolution to the current tensions).
Tuesday May 13 2014, 06:35:23 UTC South of Panama. 7.0
In other words, the only reason why total mortgage balances did increase is due to a slowdown in either prepayments and/or discharges, which represents as the simple difference between Q1 originations and the change in total mortgage outstanding, tumbled to just $216 billion – the lowest in the past decade! One can be certain that absent a pick up in originations the total mortgage balances are set to tumble in the coming quarter as even this one last final refuge of the “consumers are releveraging” crowd is smashed.
But that is not to say that consumers have no interest in increasing their debt load. Quite the contrary. Because when one excludes those two conventional methods of leveraging up, credit cards and mortgages, US households are on an epic spending spree funded by, what else, student loans.
Private equity managers are some of the savviest people in finance and they know exactly what they are doing. What the SEC is basically admitting, is that private equity firms are also “too big to regulate” and, of course, “too big to jail.” After all, every single person at the SEC is likely angling for a big payday at a PE firm via the revolving door. Of course they aren’t going to regulate.
So you see, an average citizen gets locked up for life, yet a private equity partner is given the benefit of the doubt and, at worst, asked politely to change behavior by the SEC.
State legislators need to understand what is going on here. They have granted public pension funds and public endowments across the U.S. the exorbitant privilege of secrecy in private equity investing, even to the point of making these contracts virtually the only ones that are exempt from state-level Freedom of Information Act laws.
If we had to summarize the response of the Federal government and the Federal Reserve to the structural financial crisis of 2008-2009, we could say that both institutions went all-in to obscure the real price of credit and capital.
The real cost of credit and capital is discovered by open, transparent markets. When a central bank sets the price of credit, it destroys the market’s price-discovery process. When the government subsidizes certain types of credit, for example, home mortgages and “cash for clunkers” auto loans, it destroys the market’s price-discovery process.
This distorts not just the price of credit, but the price of everything purchased with credit. This is the origin of bubbles, and of the resulting busts.
The state and central bank manipulate the price of money (credit and capital) to incentivize decisions that the state and bank want people to make. The state and central bank want people to consume more to prop up a dysfunctional economy, and since most people don’t have the cash to consumer more, the state and Federal Reserve want people to go further into debt, as this is the only way people can buy more stuff.
When good decisions have been precluded by distorting the price of everything, only bad decisions are possible. If you wonder why the Status Quo is well and truly doomed, you can start with this: good decisions are impossible, and so bad decisions are inevitable.
It could be a portent of the long-foretold 666 Sirius Satanic Debt Note cashless society, or just a sign of The Whore Of Babylon consumer confidence riding the 666 Beast, but nearly one in 10 Americans no longer carry cash on a daily basis, according to a new report from Bankrate.com.
Aside from that, we have full confidence in the Fed’s ability to seamlessly navigate, and centrally-plan, a $17 trillion economy through the perils of “harsh weather”, the polar and solar vortex, and, of course, unwinding the biggest central bank balance sheet in history, which at last check accounted for 25% of US GDP and which represents 35% of all 10-year equivalent outstanding Treasurys.
Oh well, blame it on the weather.
Remember: above all, one must have faith.
* * *
That said, we wonder how many minutes after this article is published it will take for the Fed to fix its glaring error.
Fast forward to today when today’s retail sales report, the first one of the second quarter, was supposed to show that with “harsh winter weather” in the rearview mirror, consumers would finally unleash all that pent up spending, in a critical report to send Q2 GDP on its way to what some say would be a 5% GDP quarter (Goldman estimate: 3.9%).
Instead what it showed was that the spending in the first month of Q2 was far worse than even the last month of the fateful first quarter. Who could have possibly foreseen this? Oh yes, anyone who observed that the US household savings rate had recently tumbled to the second lowest print since 2008 to pay for the March spending spree, and as a result they were tapped out when April rolled around.
Here is the spin: tapped out US consumers simply did not have money to go out and splurge after the March spending bonanza, which sadly fell in a quarter which as we already know, will have a negative GDP print and thus is a wash (due to weather, remember). However, as a result of the balmy spring weather, US consumers didn’t spend online either, as they were forced to go outside and enjoy the lovely weather… where as already noted they didn’t spend any money either.
See, that was easy.
Mission Accomplished (8 months early)
Having been revised up to a 1.5% growth for March (the most since March 2010), retail sales crumbled across the board in April as the promise of un-harsh weather rebounds evaporated into the reality of a one-off pent-up demand pop. All sub-series of retail sales missed expectations with Ex-Auto/Gas actually dropping 0.1%. The broad weakness was led by furniture (-0.6%) and electronics stores (-2.3%).
So does history repeat itself?
Well, it should be disconcerting to a lot of people that 2014 is turning out to be eerily similar to 2007. But we never learned the lessons that we should have learned from the last major economic crisis, and most Americans are way too apathetic to notice that we are making many of the very same mistakes all over again.
And in recent months there have been a whole host of indications that the next major economic downturn is just around the corner. For example, just this week we learned that manufacturing job openings have declined for four months in a row. For many more indicators like this, please see my previous article entitled “17 Facts To Show To Anyone That Believes That The U.S. Economy Is Just Fine”.
t should hardly come as a surprise for a nation such as the US that is used to being told what a “fair” price for interest rates is… and a “fair” price for housing is… and a “fair” price for stocks is… that Venezuela (perhaps a few years ahead of America in the socialism stakes) has seen its ‘price regulator’ declare today its new “fair” prices for various foods. Coming to a Safeway near you any day now… (as US food price inflation soars – especially ahead of the barbecue season).
As Bloomberg reports:
Venezuela price regulator publishes list of food prices on its website.
A kilogram of sugar to be sold for 9.72 bolivars ($1.54 at official exchange rate of 6.3 bolivars per dollar)
A kilogram of chicken to cost 43 bolivars ($6.82)
A kilogram of coffee to cost 46.6 bolivars ($7.40), and
A kilogram of rice to cost 9.5 bolivars ($1.50)
This follows Venezuela President Nicolas Maduro signing law to adjust prices to “fair” levels and limit profit margins to 30% back in January.
Think it won’t / can’t happen here…
Bloomberg notes, consumers in the U.S. will probably pay the most ever for meat this grilling season as costs for pork and beef surge, according to the American Farm Bureau Federation.
For years, the US government loudly warned the world that Chinese routers and other internet devices pose a “threat” because they are built with backdoor surveillance functionality that gives the Chinese government the ability to spy on anyone using them. Yet what the NSA’s documents show is that Americans have been engaged in precisely the activity that the US accused the Chinese of doing.
The Department of Homeland Security (DHS) secretly assembled a terrorist “hands off” list that permitted individuals with terrorist ties unfettered entrance into the United States, according to document released by Sen. Chuck Grassley (R., Iowa).
The existence of a “hands off” list that permitted easy entrance for suspect individuals into the United States has drawn concern from Grassley, who released a cache of internal DHS emails detailing the list’s existence and discussion about permitting an alleged member of the Muslim Brotherhood to enter the United States.
The emails—sent between U.S. Immigration and Customs Enforcement (ICE) and U.S. Customs and Border Protection (CBP)—reveal a row over the admittance of one alleged Muslim Brotherhood official tied to Hamas, Hezbollah, and other terror groups.
In recent years it has come to light that the Department of Homeland Security has amassed an arsenal that includes billions of rounds of ammunition, high-powered assault rifles, riot gear and armored vehicles. But according to a new report from WND, they’re not the only ones preparing for a future conflict that may involve law enforcement, military and intelligence assets.
The U.S. State Department has now joined the mix, having recently placed purchase orders for everything from plastic and liquid explosives to detonating cords and fuse igniters. It’s not clear what the State Department, whose responsibility is to oversee international relations and foreign policy via embassies around the world, intends to do with hundreds of pounds of explosives that are likely to be shipped outside of the United States, but it’s clear that whatever the mission may be, it’s not exactly peaceful.
This week, a “Watergate” type attack on the Federal Building in New Orleans was thwarted when 4 “black bag” operatives, one the son of US Attorney, William J. Flannigan, whose offices were in the same building, were arrested “in the act.”
Another of the men, James O’Keefe is a close associate of Texas Republican and Member of Congress, Pete Olson. Olson’s campaign to recover convicted Rep. Tom Delay’s seat from the Democrats was financed by rogue billionaire Dan Duncan, noted for his helicopter/machinegun trophy hunting trips to Russia.
Suspects, even American citizens, who commit crimes like this one are sent to Guantanamo, subjected to “waterboarding” and years of detention, unless, of course, they have friends in high places, friends who want terrorists dealt with harshly unless those terrorists are their friends or family..
In an odd turn, when 46 year old Olson collapsed from heart failure, he was saved by Rahm Emanual, President Obama’s Chief of Staff. Olson now has a pacemaker as does his other close associate and advisor, former Vice President Dick Cheney.
Senator Mary Landreiu is senior member of the Senate Homeland Security Committee, making her office and communications the most classified of any elected official in the United States outside the President. Nearly every national secret involving the security of the United States passes through those offices. Information accessed thru the attempted wiretap and break in could enable any terrorist organization full access to our most sensitive materials regarding counter-terrorism, intelligence coordination and active ongoing operations.
Information under the highest classification levels from the FBI, CIA, NSA, DIA, DHS , NSC and White house along with secure “chatter” between House and Senate members and their staffers on homeland security issues would have been accessed. On the “intelligence market,” as described by former FBI translator, Sibel Edmonds, information of this kind is regularly accessed and sold by individuals directly connected to those arrested, sold to enemies of the United States. We are still waiting for the Attorney General to act on these now very substantiated allegations..
In the video, for a new app by Israeli company LiveLens, he introduces himself as “Thamsanqa Jantjie from Nelson Mandela’s funeral”.
A court in Israel has sentenced former Prime Minister Ehud Olmert to six years in prison for bribery and fined him 1m shekels ($289,000; £171,000).
The judge ordered Olmert to report to prison on 1 September, effectively giving his lawyers time to lodge their planned appeal with the Supreme Court.
He would be the first former head of government in Israel to be jailed.
The 68-year-old was convicted in March over a real estate deal that took place while he served as mayor of Jerusalem.
Netanyahu told the head of Likud’s hareidi division Yaakov Vider at the conference that he intends to make the Hebrew calendar, which is based on Jewish law, the official calendar of Israel, reports Kikar Hashabat.
The new law also would establish the Talmud, the core work of Jewish law, as an official basis for Israeli state law.
^^^Lol, idiots reject Yahshua and claim Talmud above Yahweh Yahshua, as they proclaim ”their truth” is without the prophetic blessing of the sustaining risen mercy of Yahweh Yahshua confirmed ”Jewish above all”. Ooops, lol, rude awakening is certainly about to come suddenly.
Is anyone surprised that theses evil bastards get thrown out by God ? Is it confusing that God uses these dipshits to judge the nations? Of course the Antichrist claims to be the Antichrist Jew that seals the covenant with many and he shall be the one who kills Elijah, when Elijah comes to inform the morons that Yahshua is not only The Messiah of Yahweh, but, Yahshua is Yahweh King of The Jews. The fact that ”One Page A Day” of reading Talmud was started on ”SEPTEMBER 11th, 1923 Rosh Hashanah”, ”911”, is surely just as ”ironic” as the Pentagon ground breaking on September 11th, 1941, ”911”, and 2001 911, and Benghazi 911, or the whole ”Harbinger” Shmita Ellul Super Blood Moon 2015 ending 6000 years to the day from Adam and 3 Jubilees ending all on the same Feast Of Trumpets by ”accident”.
The Obelisk, Oval and 5-pointed Star together form the ancient Hierogram for Sirius (either the God or the Star). On the day that the Declaration of Independence was signed, on 4th July 1776, as well as on the day that Washington laid the Cornerstone of the Monument, 4th July 1848, the Sun passed over Sirius the star (this happens each year in the dog-days, also named after Sirius).
David Ovason writes in his book Secret Architecture of our Nation’s Capitol: ‘The extraordinary truth is that the very existence of the Washington Monument is intimately linked with the Egyptian star, Sirius the Sihor, which the ancients represented in their sacred hieroglyphics as an obelisk as well as a star. How is it possible that this most important star of the ancient world should find itself, as it were, resurrected in the architecture of the United States.’
In Chapter 25 of Albert Pike’s Morals and Dogma, he writes: ‘The Ancient Astronomers saw all the great Symbols of Masonry in the Stars. Sirius still glitters in our Lodges as the Blazing Star, (I’Etoile Flamboyante). The Sun is still symbolized by the point within a Circle; and, with the Moon and Mercury or Anubis, in the three Great Lights of the Lodge.’
Jerusalem (AFP) – Hundreds of ultra-Orthodox Antichrist Jews gathered Monday near the reputed scene of Jesus’s last supper in Jerusalem demanding that Israel keep sovereignty over the site where Pope Petrus Romanus Francis The Baptists Of Fallen Angels will celebrate Pagan Rome mass.
The pope will visit the Holy Land from May 24-26 and before returning to Rome is set to hold a mass in the site known as the Upper Room or Cenacle, on Mount Zion near the walls of the Old City.
Jews revere the site as the tomb of King David, which is on the ground floor of the same building. The site is also important for Muslims.
^^^Oh, how interesting, the same Ford Foundation that spawned Obozo 911 gives the biggest donation in the history of Israel through an Antichrist Occult Israeli Supreme Court Judge. Lol, and the idiot Mohammad dipshits etc… bought Rosemary’s Baby hook line and sinker, as has the entire Democratic Caucus and every other clueless idiot on earth. Just because they plant some pandering dipshit with muslim rings and Hindu monkey god trinkets in his pocket the morons will fall for whatever Satan has to offer for their own image etc… Morons. They are not even moved by the storm etc… Hello, McFly, Ford gave money to help Hitler, so did Brown Harriman Bush boys etc… Satan doesn’t get Israel and Jerusalem by not slaughtering Jews. Duh. The Alter of Moloch Solomon 666 etc.. (Ezekiel 28) the builders whom reject Yahshua well defines this.
Israel will hold Palestinian Authority President Mahmoud Abbas responsible for every rocket fired on Israel from Gaza if he goes through with his national unity pact with Hamas, ”The Antichrist 666” Prime Minister Binyamin Netanyahu said Tuesday.
The Talmud 666 Antichrist Netanyahu made his comments in good Fukushima Nuclear Core Meltdown dusted Tokyo; famous for it’s NWO 666 Illuminated Fukushima Fish Dish called ”Satanic Sushi” served with a complimentary Kamikaze shooter, before the start of a meeting with (already been nuked in WW2 too) Japanese Foreign Minister Fumio Kishida, and two days before Abbas is scheduled to meet Skull And Bones US Secretary of State John Kerry in London.
With the additional deployment of a submarine and a missile ship, there are now 86 Chinese vessels accompanying the oil rig’s installation in Vietnam’s Exclusive Economic Zone (EEZ). Local news reports that 3 Chinese military ships are surrounding a Vietnamese marine police vessel this morning and water cannon use continues against Vietnamese ships. We addressed the who, what, where, when and how of China’s HD-981 oil rig foray into Vietnamese waters here but, as we discuss below, the enduring question, as with many of China’s recently provocative actions in the Asia-Pacific, remains why?
The decision to move oil rig HD-981 into disputed waters matches China’s decision to impose an air defense identification zone (ADIZ) over the East China Sea in terms of signaling China’s appetite to unilaterally pursue its maritime territorial claims. China has said that the oil rig will remain in these waters until August this year. What ultimately sets this episode apart from any other is that it is the first time China has placed an asset this expensive within the exclusive economic zone (EEZ) of another state. And Vietnam isn’t a pushover of a state either — it has a more-than-modest maritime capacity that could result in an armed altercation with China. Overall, in the past six months, we’ve seen China more assertive than ever in pursuing its claims and, for the moment, it is succeeding.