Moon of Alabama Brecht quote
December 17, 2022
Ukraine SitRep – More Missiles, Attack Plans, Artillery Hits Morale

Yesterday:

Russia launched dozens of missiles at Ukrainian energy infrastructure on Friday morning, knocking out heating systems in towns and cities across the country as temperatures dropped well below freezing and prompting the national utility to impose sweeping emergency blackouts.

Russia had launched 76 missiles at critical infrastructure targets across Ukraine and air defenses managed to shoot down 60 of them, the top commander of Ukraine’s Armed Forces, Gen. Valeriy Zaluzhnyi, said in a statement.

There were 16 missiles which got through to hit their targets. The rest of the report mentioned several of the targeted areas. But those numbers added up to more than 16 missiles:

Ukraine’s energy minister, Herman Galushchenko, said that as many as nine power-generating facilities had been damaged, the Ukrinform news agency reported. He also said that corresponding stations and substations transmitting electricity had suffered damage.

In Kharkiv, in northeastern Ukraine, 10 missiles had hit the city, damaging critical infrastructure, local official said.

Missiles also damaged infrastructure and hit a residential building in the central city of Kryvyi Rih, Mr. Zelensky’s hometown.

The attack was obviously bigger than Gen. Zaluzhnyi has claimed. Or the shot down count was wrong.

That must also have been obvious to the writers and editors of the quoted piece but is not mentioned in it.

The Russian Defense Ministry reported no precise numbers but claimed that decoys were intentionally part of the strike:

On Friday, 16 December, Ukraine's military command, defence and industrial complex systems and the energy facilities supporting them were hit with a massive strike by long-range, airborne and sea-based precision weapons. The purpose of the strike has been achieved. All the assigned targets have been neutralised. The strike prevented the transfer of foreign-made weapons and ammunition, blocked the movement of reserves to combat areas, and halted Ukraine's defence enterprises producing and repairing weapons, military equipment and ammunition. In the course of repelling the strike by Ukrainian and Western air defence systems, a significant resource was expended on deliberately launched decoys.

At the same time, four radar stations of Ukrainian S-300 air defence systems in the settlements of Andrusovka and Pridneprovskoye (Dnepropetrovsk region), as well as Novotavricheskaya and Nikolay-Pole (Zaporozhye region), have been revealed and destroyed. As a result of the unprofessional actions of Ukrainian air defence units, civilian infrastructure on the ground has been damaged.

The Russian forces first send cheap Iran-designed drones as decoys and then follow up with real cruise missiles. If the first round induced the air defenses to lighten up their radar a second round will follow to destroy these.

As the published accounts of total impacts did not add up with the totals claimed by the Ukrainian military it now has changed the numbers:

Ukraine’s general staff said on Saturday that the Russians had launched 98 missiles and 65 rockets fired from multiple-rocket systems aimed at civilian and energy infrastructure targets in that barrage. The military previously had put the figure at 76 missiles, and although it was not immediately clear why the count changed, information in the initial hours after an attack is frequently incomplete.

Today more strikes were coming:

With Ukrainians already on edge about further strikes, new explosions rang out over the port city of Odesa early Saturday, and air-raid alerts sounded across the country a few hours later. Midmorning, the Ukrainian general command warned that military jets were taking off from neighboring Belarus and that the whole of Ukraine was a potential target.

Early reports from Ukrainian officials on Saturday were of incoming missiles being intercepted. The country’s southern military command said that two incoming Russian missiles had been intercepted by its air defense in Odesa and caused no casualties.

Yesterday the Russian president Vladimir Putin was briefed a whole day on future plans of the 'special military operation':

The President spent all day on Friday working at the joint staff of military branches involved in the special military operation.

The head of state was briefed about the work of the joint staff and on the progress made in the special military operation, held a general meeting and separate meetings with commanders.

On Monday Putin will meet with the Belorussian president Aleksandr Lukashenko:

The heads of state are set to discuss in detail the implementation of the previously adopted Union State programs. This pertains, first of all, to trade and economic cooperation, joint import substitution projects. Cooperation in the energy sector will be an important point of the agenda. The presidents will also pay much attention to security issues, exchange views on the situation in the region and the world, and discuss joint measures to respond to emerging challenges.

Lukashenko wants cheaper Russian gas for Belarus while Putin wants Belarus to do as Russia says. Some compromise will be found in the middle on both issues.

The meeting is of interest as some of the options for a larger Russian operation in the war involve attacks from Belarus into Ukraine.


bigger

This could be a move north to south in west Ukraine on a line that is some 60 kilometers from the Polish border. The purpose would be to cut off the 'western' weapon supplies that are still constantly coming in. Colonel Doug Macgregor favors that move. Another move could again go towards Kiev as the Ukrainian chief-of-staff Zaluzhnyi expects.

I have my doubts about both operations. If the electricity network is down as it is soon likely to be the transport of weapons from the west will be sufficiently interrupted as the trains will mostly come to a halt. Kiev is not yet of importance. Another move towards it may only come at the very end of the war. The primary task of the whole operation is to to demilitarize Ukraine and to completely liberate the Donbas region. That is still a big task and should be the major focus of the next operations.

A move from the southern Mariupol region that Russian forces currently hold up northwards into the back of the Ukrainian forces which currently fight at the eastern Donetsk frontline would be a sensible. Those Ukrainian forces would then have to either retreat or get trapped. This move would help to avoid the casualties that come with breaking through the heavily fortified lines in the east that were build over the last seven years.

But even if such a move does not happen yet the demilitarization of Ukraine is still happening. The unabated destruction of the Ukrainian forces on the frontline continues day by day. The artillery advantage the Russian forces have has only increased over time.

Ukrainian news from the frontline is grim:

For those defending Bakhmut, Russia’s more cautious tactics bring little relief, as the daily bombardment of Ukrainian positions continues uninterrupted. 

Outside the city, the close proximity of Russian and Ukrainian lines, often less than a kilometer apart, means that Russia doesn’t even need to use its heavy artillery as much, instead relying on an endless stream of mortar, grenade and rocket launcher fire to pound Ukrainian positions.

For the Ukrainian soldiers tasked with holding the first line, there is little to do but hope that one’s trench or dugout doesn’t take a direct hit.

“Our first and second lines of defense are relatively stable, but it comes at a great cost,” said Ivan, whose unit and exact posting have been kept undisclosed for security reasons.

“Some units are simply running out of people. From what I saw, in only one fight, we had around 10 of our guys killed, never mind the number of wounded. Not everyone could be extracted from the battlefield, some just bled out where they lay.”

In these conditions, the common belief about Russia’s poor effectiveness as a fighting force can quickly melt away.

“They (Ukrainian military leadership) tell everyone about the huge casualties suffered on the Russian side, but from what I could see around Bakhmut, things are more or less OK for them,” said Ivan.

“In terms of the coordination between their brigades and artillery, and their overall unit cohesion, you can tell they are doing very well in this sector because of how difficult it is to fight against them.”

While it might not be making large advances, Russia’s attritional assault is proving effective in other ways, according to Ivan.

“Morale is beginning to suffer because of the lack of personnel,” he said. “It's hard to speak of good morale when it's eight below freezing, you are sitting in a trench under fire all day and there is simply nobody to replace you for days on end.”

Still, there is no talk among the troops of retreating from Bakhmut and its outskirts.

“In that respect our resolve is strong,” said Ivan, “despite – definitely not thanks to – what is going on on the battlefield.”

Those who still reject holding peace talks are responsible for this situation and for the massive amount of casualties the Ukrainian army has each and every day.

Comments

Melaleuca | Dec 18 2022 8:33 utc | 199
”Zelensky is the fall guy and Zaluzhny is being groomed to take his place.”
Yep.
Waiting for the plot twist…Zaluzhny is novichoked.”

I’m sure Zelensky has long since convinced himself that he’s irreplaceable and indispensable, so that if he unilaterally whacks the guy the empire might want to replace him with, the empire will just have to take it.
Given how the imperial propaganda machine continues ever more absurdly to exalt Zelensky as a transcendent hero – Time magazine Man of the Year, feted at the Academy Awards, serious talk of a Nobel Peace Prize, as well as the daily hagiography – he might be right that they can’t just dump him.
When he’s assassinated, it’ll probably be by disaffected elements among the Ukronazis themselves, rather than a CIA hit.

Posted by: Flying Dutchman | Dec 18 2022 9:21 utc | 201

Upcoming attack by Azov towards Bakhmut?
(Should be seen as an addition to; Down South | Dec 18 2022 6:08 utc | 189)

Two battalions of the Azov Regiment (recognized in Russia as a terrorist organization, whose activities are prohibited on the territory of the Russian Federation – ed.), with a total number of about 1700 people, arrived in Kramatorsk. The ultimate goal of the appearance of the Azov battalions here is to move in the direction of Bakhmut, where it is planned to provide support to the units of the Armed Forces of Ukraine, which are currently experiencing serious problems with the defense of the city. Information about the arrival in Kramatorsk of 1700 members of the Azov regiment was reported by Daniil Bezsonov.

Подробнее на: https://avia-pro.net/news/ne-menee-1700-chlenov-polka-azova-dvizhutsya-v-napravlenii-bahmuta
They go on to say that HIMARS are being “extensively” used outside Bakhmut itself – possibly to soften the territory for a counter attack.
*****
Avangard, Kinzhals;
Tbx | Dec 18 2022 2:56 utc | 149
Here I agree with Norwegian that they need not be nuclear. They also use “potential” energy as the active part of the weapon. This is not really understood at the “armchair-general level”. Either for digging holes in deep Bunkers or eventually as a wide area means of destruction. The force unleashed is tremendous, and perhaps the only way to conceive of this is to think of directed shockwaves.
My post @46 was more about the different choice of targets needed in a developing situation. (Belarus being used to expand the war) Accuracy being the key. You have a point about what 3 kinzhals would do, but there is definitely an air of “suppressed panic” each time they take to the air, as they are commented on in the alt-medias. Presumably the people concerned know who they would be aimed at?

Posted by: Stonebird | Dec 18 2022 9:26 utc | 202

I think Russia needs to destroy energy infrastructure in Western Ukraine also. That could have some consequences fro Poland and Germany.

Posted by: Kerensky | Dec 18 2022 9:27 utc | 203

” Russia makes most of its money selling cheap gas ”
Simply not true and failure to understand a sovereign currency like the rouble.
Russia issues the rouble it does not need to make it by selling stuff. The Russian government creates the rouble from thin air with not a tax payer in sight.
From the point of view of a nation, the purpose of exports is to obtain imports. The West is refusing to supply Russia, and therefore the only reason Russia is continuing to export oil and gas is for political reasons – to curry and maintain favour in OPEC and the East.
We can see from the price of electricity in Europe that, in a supply constrained environment, the price is set by the swing producer – in this case gas turbine generated electricity using LNG. The constrained supply of LNG sets the price.
Oil is the same. The swing producer is usually Saudi Arabia as they can turn their oil wells up and down relatively easily due to their particular geology. However the Saudi spare capacity is neither infinite, nor necessarily available to replace Russian Oil. OPEC+ is a cartel and Russia is a member.If the West are not careful then Russia will become the swing producer and will then set the price. If the West refuses to pay that price the West will end up with an Oil crisis to add to the Gas crisis.
None of the geniuses in charge in the West make the obvious connection. How can Western oil money be bankrolling Putin when Russia uses Roubles. Those Roubles have to have come from Russia in the first place. Since the West isn’t selling anything to Russia how does the West get the Roubles to pay for the oil at the moment.
The Roubles come from the Russian Central bank via Gazprombank. The West is just a conduit for central bank funding of the Russian oil companies. So if the West doesn’t want the oil, the Russian Central Bank will just cut out the middleman and fund the oil companies directly. Either the oil won’t be pumped or it will be discarded – as Russia is already doing with Gas
There’s even a small chance they will reveal the entire truth. That Foreign Reserves are an illusion and the Reserve Asset every central bank discounts is the legislature’s power to tax, which is the actual source of funding for all governments operating sovereign currencies.
Like all alchemy, financial alchemy works like the hypnotism of the stage magician – an illusion that only captures those with weak gullible minds. Pushing Russia back is going to require a rather more physical approach, which is something the Western effete elite appear incapable of understanding.
The West is not prepared to send its sons, brothers and fathers to die horribly in a foreign land. Instead the Western groupthink lashes out at the illusion and reacts with surprise and indignation when the punches don’t land.

Posted by: Orwellian Language | Dec 18 2022 9:55 utc | 204

Posted by: Down South | Dec 18 2022 4:02 utc | 173
Regarding your (good) thoughts about troop rotation for max. Effectiveness . I wondering if the old 1/3 rule of thumb doesn‘t really hold when the tooth to tail of ground forces is like 1:10. agreed that front line combat units need beaucoup rotation, but does a drone operator ?

Posted by: Exile | Dec 18 2022 10:14 utc | 205

It is not rocket science my friends.
The tax payer money myth is the biggest fraud ever carried out on the public. The myth is from a time when countries were in the gold standard and used fixed exchange rates. This no longer applies.
Clever people like Brian Berletic, the Duran guys, Gonzala lira, Scott Ritter still to this day fall for the tax payer money myth.
This has to change and change quickly when they talk about economics. They talk as if countries can run out of money. Can’t see the HUGE difference between sovereign currencies and those that use the Euro. They treat them in the exact same way when they are anything but the same. Believe that taxes give the revenue that governments then use to spend. The Duran boys have been brainwashed by the financial times.
Sovereign government’s ISSUE first then they Collect what they ISSUED via taxes. Then destroy what they collect. No accounting exists that allows taxes to be respent back into the economy.
Exactly like a football ticket, concert ticket or cloak room token.
Euro countries who gave up their sovereignty and no longer issue their currency do have to borrow Euro’s or tax to FIND the money. This does not apply to the US, UK or Russia etc.
The constraints on how many Roubles Russia can create from thin air are its skills and real resources and productive capacity of Russia. They can NEVER run out of roubles but can run out of skills and real resources.
The Duran guys mainly Alexander thinks revenue from taxes and exports gives Putin the funds he needs and that is a myth. Alexander has fallen for the biggest myth ever told. Thinks Russia is like that of a country that uses the Euro.
Which is a real shame as Brian Berletic, the Duran guys, Gonzala lira, Scott Ritter all fall for the tax payer money myth. It is the only part of their analysis that does not tell the truth.

Posted by: Orwellian Language | Dec 18 2022 10:21 utc | 206

This demilitarization policy never held much water for me.
Ukraine can call up millions more and the West can supply more weapons. And for the more professional tasks Westerners can be employed. They for example already operate the Himars.
Russia had the momentum until shortly after the fall of Lisichansk. Then it started making a bunch of strange moves. First it neglected to enforce the cauldron of Lisichansk: almost all Ukrainian troops could safely evacuate despite the fact that the city was almost completely surrounded. The next city was Seversk. Russian troops entered the city and then they withdrew again – claiming that Ukraine’s control of some surrounding hills endangered those soldiers. They would never return: Russia started to attack Ukraine where its defenses were the strongest and called it “grinding” or “demilitarization”.
Russia had the momentum and should have used it. If it had done so it would now control Slavyansk and Kramatorsk. Now it is fighting against people that the Ukrainian army has forcefully recruited in those towns.

Posted by: Wim | Dec 18 2022 10:25 utc | 207

Posted by: Orwellian Language | Dec 18 2022 9:55 utc | 207

A pinpoint summary. Thanks for this post OL.

Posted by: Nobody | Dec 18 2022 10:32 utc | 208

Posted by: Orwellian Language | Dec 18 2022 10:21 utc | 208
I think you are mixing some valid observations with common myths to create an overly simplified view of macroeconomics and monetary matters.

Posted by: alek_a | Dec 18 2022 10:51 utc | 209

Let’s say I invade an Island and become king of the Island and I introduce my own brand new currency and I call my currency a token.
If I say to my subjects give me your tokens so that I can spend ( the tax payer money myth). My subjects would laugh at me and call me a fool.
My subjects don’t have any tokens to give me.
I as King have to spend tokens into the economy ( create them from thin air) before anybody can get their hands on them to then use them to pay their taxes.
I have to Issue them first and then COLLECT them back. I give my subjects the tokens they then use to pay their taxes it is written on the front of every bank note I issue.
I have to Issue them first and then COLLECT them back. I give businesses the tokens they then use to pay their taxes it is written on the front of every bank note I issue.
The taxes I impose do not give me revenue. They collect back what I have already spent ( issued ) the higher the tax rate the quicker they come back to me. The lower the tax rate the slower they come back to me.
Then as King I destroy what I collect the money has served its purpose. When I spend I always issue using brand new notes start the process all over again.
The British Understood this very well but lie about it today.
The West all lie about it using the tax payer money myth.
The British went into Ghana in the 1800s to grow coffee. There was no monetary system in Africa at the time. There was no unemployment when you went out and visited the population. Everybody was helping each other out with jobs to do. It was a very social place. The men would hunt and fish and build the houses, and the women would take care of the children and do the food. The grandmother would help out taking care of the children. The people were doing things and there was more to do than there was time to do it. How did the British get them to work in the coffee plantation?
They told everybody there was going to be a tax on their hut. It was called a hut tax. Everyone had to pay, 10 Crowns a month in Tax. Or they would get their house burned down by the British.
What happened? Everybody said all right, what do we have to do to get the Crowns to pay the tax?
Ah, if you come to the coffee plantation we’ll pay you one Crown a day to work’. Sure enough, people starting coming over to work, to earn the Crowns, so they didn’t get their house burned down. The tax, the monetary system, created the unemployment.
The British just Issued the crowns from thin air. Printed on a bit of paper.
Then the British hired the people so they could get the money to pay the tax so they didn’t have their house burned down. The British would spend the money first and pay people, and then collect the tax, right.
And the British always spent more than they collected because some people saved them [Crowns] for paying taxes later.
The British let them earn enough to pay the hut tax,They let them come work and earn all they wanted to pay the tax, and to save, so their houses did not get burned down.
If too many people came to work, they would reduce the tax. They didn’t send the people home and burn their houses down like they’re doing today in the European Union.
Archaeologist digs up a coin.
Well is it a tax payers coin or a coin issued by the government. Read the coin it is written on the coin where it came from.
Museums all across the world are filled with coins issued by governments not tax payers coins as there is no such thing.
You can walk through museums and just by looking at the coinage section who ran the place and for how long. Menorca changed hands 6 times and the coinage explains when and how these rulers got the menorcans to work for them.
The tax payer money myth is the biggest fraud of our time. Millions of people fall for it. Brainwashed by the media.

Posted by: Orwellian Language | Dec 18 2022 10:55 utc | 210

Posted by: Activist Potato | Dec 17 2022 23:14 utc | 98
moaobserver post had 100% consistently opposite conclusions (against my own and all of listed people’s understanding) that I sincerely expected to find “/s” at the end of his post. But I didn’t find it, hence I believe this was professional trolling.

Posted by: Abe | Dec 18 2022 10:56 utc | 211

Posted by: Wim | Dec 18 2022 10:25 utc | 209
It is now more-or-less known that Russia did not have the resources to continue on the same trajectory post Lyschiansk.
They still lack resources for that but the situation seems to be improving slowly to a point where they have a good chance to defend strategic places and maybe advance very slowly forward.
However, also the current wave of mobilisation will be spent either fighting or holding new gains and they will need a new one. Can Russian society tolerate a new mobilisation wave? This is starting to play now with the discussion of extending the service time to 2 years.

Posted by: alek_a | Dec 18 2022 10:58 utc | 212

Major General Philippe Montocchio, Deputy Director of the NATO Collaboration Support Office:
“Cognitive Warfare is the most advanced form of human mental manipulation, to date, permitting influence over individual or collective behavior, with the goal of obtaining a tactical or strategic advantage. In this domain of action, the human brain becomes the battlefield. The pursued objective is to influence not only what the targets think, but also the way they think and, ultimately, the way they act.
well billions of dollars and we get putin falls down the stairs and poops himself while having 7 kinds of cancer escaping a coup. sheesh

Posted by: hankster | Dec 18 2022 10:58 utc | 213

8 – Obama also said Russia has “escalation dominance” and it may be that we are starting to see this.

Posted by: Waldorf | Dec 18 2022 10:59 utc | 214

“A Caterpillar has more backbone than Sholtz”
One quote from this Garland Nixon piece which explains the Geo-politics of US/EU/Russia in Street-smart terms
https://rokfin.com/stream/27193/RUSSIA-SAYS-DIALOGUE-IS-OUT-OF-THE-QUESTION
(Eine Raupe hat mehr Rückgrat als Sholtz)

Posted by: intp1 | Dec 18 2022 11:28 utc | 215

@ Posted by: CarlD | Dec 18 2022 1:42 utc | 133
An interesting concept. Kill the innocent to excise the evil leadership.
The chicken or the egg. The means justify the ends and the ends justify the means

Posted by: Bad Deal Motors On | Dec 18 2022 11:29 utc | 216

There were estimates that military was only 2% of over all Ukraine railways traffic.
So, even total destruction of electro-locomotion would not have direct impact on military railway cargo.
The question though remains the same, w.r.t. “to cut off the ‘western’ weapon supplies that are still constantly coming in” part.
B as allegedly a German understandably wants stop being collateral damage and German economy back to what it was year ago. Understandably wish, but hardly plausible, and hardly in Russia’s interest.
Would the West permit Russia to have quick limited victory in Ukraine in March or April 2022 – it could have been different. But EU insisted on war of attrition, and here it comes.
Why should Russia stop western weapons moving in? They are not move in huge numbers to turn the tides, they are coming in thin “life support” lines just to be steadily nullified.
They keep West economies divert ever growing share of their captial into non-productive and over-corrupt military branch. Sure, MICC employers spend at home, and many of them ar ehighly educated in STEM and hipothetically it can lead to re-industrialization… of America. But not of Germany. Even in America it is very questionable how much a share of every backs thrown into MICC comes back to the real economy, whether it adds to or substracts form USA economy strength. As for EU, i can not see military spending making them stronger economically.
West paranoia should be kept whipped up. This would prevent their rapprochment with Iran, which is good for China and Russia. We would not need JCPOA be coming anything but insult to Iranians.
Same for Belarus, BTW.
And one additional, and very grim, argument would be, perhaps, that for Russia it would make much sense for enticing as many as possible west-minded Ukrainians to voluntarily and happily relocate to Europe, undoing a smuch of Soviet “Korenizatsya” policy as possible.
B’s hope for Russia to snatch a “little victorious war” are wishful thinking, sadly. It would be in Germany’s best interest, indeed, but no more in Russia’s. Bad lack, B. No all-sweeping blitzkrieg from Russia. This xmas the moon would be snitched.

Posted by: Arioch | Dec 18 2022 11:31 utc | 217

When people say American tax payers are funding Ukraine. It is a lie.
A complete myth.
Ukraine has an account at the FED. The FED simply changes numbers in its account using a computer and an index finger. With not a tax payer in sight.
They change a 1 to a 9 using a keyboard and the FED neither loses anything or gains anything. They are the score keeper for the $.
That correct analogy is for scorekeepers in card games and your role as scorekeeper for the U.S. dollar. As scorekeeper in a card game, you keep track of how many points everyone has. You award points to players with winning hands. You subtract points from players with losing hands.
So as the scorekeeper, let me ask you:
How many points do you have?
Can the scorekeeper run out of points?
When you award points to players with winning hands, where do those points come from?
When the scorekeeper subtracts points from players with losing hands, does the score keeper have more points to hand out ?
Do you understand the difference between being the scorekeeper and being one of the players?
The US spend by marking up numbers in bank accounts at the Fed, just like Fed Chairman Bernanke has testified before congress. ( See you tube – was that tax payers money )
When the US tax, the Fed marks numbers down in bank accounts. Yes, the Fed accounts for what it does, but doesn’t actually get anything.
Just like the scorekeeper of a card game doesn’t get any points himself when he subtracts points from the players.
When Congress spends more than it taxes, it’s just like the scorekeeper of the card game awarding more points to the players’ scores than he subtracts from their scores.
What happens to the players total score when that happens? It goes up by exactly that amount. To the point.
What happens to dollar savings in the economy when Congress spends more than it taxes?
It goes up by exactly that amount. To the cent.
The score keeper in a the card game keeps track of everyone’s score. The players’ scores are accounted for by the scorekeeper. The score keeper keeps the books.
Likewise, the Fed accounts for what it does. The Fed keeps accounts for all the dollars all its member banks and participating governments hold in their accounts at the Fed.
That’s what accounts are — record keeping entries.
So when China sells Americans goods and services and gets paid in dollars, the Fed — the scorekeeper for the dollar — marks up (credits) the number in China’s reserve account at the Fed.
When China buys U.S. Treasury securities, the Fed marks down (debits) the number in China’s reserve account and marks up (credits) the number in China’s securities account at the Fed.
That is what ‘government borrowing’ and ‘government debt’ is — the shifting of dollars from reserve accounts to securities accounts at the Fed.
Yes, there are some $33 trillion in securities accounts at the Fed. This represents the dollars the economy has left after the Fed added to our accounts when the US Treasury spent, and subtracted from our accounts when the IRS taxed.
It also happens to be the US economy’s total net savings of dollars. Government spending that has not been collected as taxes. As people decided to save their income as treasuries instead of spend them.
Paying back the debt is the reverse. It happens this way:
The Fed, the scorekeeper, shifts dollars from securities accounts to reserve accounts. Again, all on it’s own books.
This is done for billions of dollars every month. There are no grandchildren or great grandchildren involved.
The Fed, the scorekeeper, can’t ‘run out of money/ points’. The Fed, the scorekeeper, spends by marking up numbers in accounts with its computer. This operation has nothing to with either:
The U.S. Government can’t run out of dollars, and it is not dependent on taxing or borrowing to be able to spend.
The risk of under taxing and/or overspending is inflation, but NEVER insolvency and monetary inflation comes from trying to buy more than there is for sale, which drives up prices. You can run out of skills and real resources but not $’s.
Mark Sleboda always pushes the tax payer money myth. Which is a shame as his analysis is always excellent until he ventures into economics. He is a carbon copy of Alexander and the Duran boys. Their failure to understand sovereign currencies. I blame zero hedge it has brainwashed many a Russian brain. Especially those Russians who see themselves as Republicans.The financial Times which is pure propaganda of the British banking class.

Posted by: Derek Henry | Dec 18 2022 11:32 utc | 218

However the Saudi spare capacity is neither infinite, nor necessarily available to replace Russian Oil. OPEC+ is a cartel and Russia is a member.
Posted by: Orwellian Language | Dec 18 2022 9:55 utc | 206

It is much worse – or better, actually.
The Gulf has deposits of “light oil”, the one perfectly suited for powering piston engines of light aircrafts, motorbikes, famili cars, etc.
It does not suit well for heavy industrial engines like cargo trucks, power stations, ships and trains.
Here you better use the viscous “heavy oil” – which are the deposits in Russia, Iran and Venezuela.
Bad luck – or good luck – dude, even if KSA would like to substitute Russia, it just can not, there is no chemistry in it.

Posted by: Arioch | Dec 18 2022 11:38 utc | 219

Posted by: Arioch | Dec 18 2022 11:31 utc | 219
“There were estimates that military was only 2% of over all Ukraine railways traffic. So, even total destruction of electro-locomotion would not have direct impact on military railway cargo.”
Wrong. Destroy all the rail and that 2% can’t move military equipment. The issue is how much of all military equipment is moved by rail, not how much of the total tonnage moved was military. Yes, tanks can drive to the front, and artillery can be towed. But that slows everything down. And fuel trucks don’t hold as much as rail tankers. It is simply true that in modern military logistics, the bulk of the movement is by rail until near the front, then it shifts to vehicles.

Posted by: Richard Steven Hack | Dec 18 2022 11:49 utc | 220

” The Gulf has deposits of “light oil”, the one perfectly suited for powering piston engines of light aircrafts, motorbikes, famili cars, etc.
It does not suit well for heavy industrial engines like cargo trucks, power stations, ships and trains.
Here you better use the viscous “heavy oil” – which are the deposits in Russia, Iran and Venezuela.
Bad luck – or good luck – dude, even if KSA would like to substitute Russia, it just can not, there is no chemistry in it. ”
Exactly Arioch exactly !
This myth that Russia either needs to tax for revenue or export for revenue to find the roubles to fund this war.
Is complete nonsense. A myth.
Russia issues the Rouble they don’t need to earn it.
The World cup Final though between France v Argentina at the start of the game the score board will say 0-0.
If France score the scoreboard will show 1-0
Asking where Russia gets its roubles from is like asking where the scoreboard got the 1 from when France scored.

Posted by: Orwellian Language | Dec 18 2022 11:53 utc | 221

i have to come back to
Posted by: Opport Knocks | Dec 17 2022 5:46 utc | 192 + 199

The decline in Russian population in the 1990s had nothing to do with the “Neoliberal rapine” as you so eloquently like to call it. My partner, her former husband and many of their friends were in their late 20s and early 30s then. Prime family creation and child bearing years. My partner’s eldest daughter was born in Russia, #2 & 3 outside of Russia. Ditto for her friends.
They left because they were from elite Soviet families who had better apartments, cars, TVs than the general population and they were targets of a jealous mob. It was unsafe, organized crime developed, robberies and rapes were not uncommon.The police were not equipped to cope with this new reality.

if i read these posts correct then Opport Knocks simply denied that a “Neoliberal rapine” happened in russia
he claims the dramatically declining births hapened because elite Soviet families in their late 20s and early 30s = Prime family creation and child bearing years left the sinking ship
he also “seems to think” that such an environment encourages family creation and child bearing among the “rest” russian
by the way , the elite Soviet families were co-responsible for the collapse of the soviet union + the following “Neoliberal rapine”, have simply stolen out of responsibility
BUT ” Nach uns die Sintflut ”
here some sources for the “Neoliberal rapine”:
– Jeffrey Sachs “What I did in Russia”
– Julie Nelson, Irina Y. Kuzes, Lynn D. Nelson – Radical Reform in Yeltsin’s Russia_ What Went Wrong

Smolensk was the site of one of the first voucher auctions in
Russia, at the beginning of the “large privatization” effort. But production
in the oblast declined 42 percent during 1992, and by year’s end
60 percent of the population had incomes below the poverty level.

– The Naked Hedgie
a series of 6 articles; the first on July 13, 2018 ; excerpted from Chapter 3 of his book “Grand Deception”

More than 70 million Russians fell into poverty while a quarter of them lived in what World Bank described as “desperate poverty.” Suicide rates doubled, alcoholism and violent crime soared. During the first six years of reforms, nearly 170,000 people were murdered. Widespread malnutrition and an acute health crisis emerged, resulting in epidemics of curable diseases like measles and diphtheria. Rates of cancer, heart disease and tuberculosis also soared to highest levels for any industrialized country in the world. Life expectancy collapsed and abortions skyrocketed.In all, during those years Russia’s death rate increased by 60% to a level only experienced by countries at war. In total, Russia sustained between five and six million surplus deaths, corresponding to between 3.4% and 4% of her total population. For comparison, during the World War II, the United Kingdom lost 0.94% of its population, France lost 1.35%, China lost 1.89% and the U.S. lost 0.32%.[2]

generally for those who want to learn something about russian economy (and usa) i want remind you all of “awara”; especially the Surveys & Articles on Economy from Jon Hellewig ( unfortunately deceased in 2020 )
economy-surveys-and-articles

Posted by: ghiwen | Dec 18 2022 12:19 utc | 222

Russia started to attack Ukraine where its defenses were the strongest and called it “grinding” or “demilitarization”. Russia had the momentum and should have used it.
Posted by: Wim | Dec 18 2022 10:25 utc | 209

It took 2 days to destroy all nato bases and then most of Ukr bases, after two months any real country would have surrendered. But this is zombieland. The following was very idiotic and killed a lot of soldiers, troops were sent without support, even amateur recruits were used, against Putin’s very public orders. Everything points to an extremely idiotic general staff, fake diploma type of parasites if not traitors. Then they regrouped and started to act like they know what they’re doing but suddenly, after Biden’s speech in Poland when he demanded a regime change, they started to run back so that Bucha can be faked and they kept running in circles backwards. Baldie general was the first to retreat even from the new Russian land.
Today there was a strike of at least 12 missiles on Belgorod region. they say most or all were shot down but parts still fell over some people, one death and multiple wounded. It seems they don’t have the general staff brains to solve this, it is the new normal and more of Belgorod region will have to be evacuated, the previous evacuation wasn’t large enough or the missiles had a longer range than before.
As this is happening, AnalEna Barecock said that no cease fire agreement must happen.

Posted by: rk | Dec 18 2022 12:48 utc | 223

Orwellian Language [208]
Euro countries who gave up their sovereignty and no longer issue their currency do have to borrow Euro’s or tax to FIND the money. This does not apply to the US, UK or Russia etc.
You do not understand the Euro at all.
All 11 works of banknote printing in the euro area are currently in production. One of these 11 printing works is located in Germany, with the remaining euro-area countries also having one.
ECB is a federation of 19 NATIONAL Central Banks and they sit on the board.
The ledger for intra-EuroZone trade is TARGET 2.
The value of the Euro is directly dependent on German trade surpluses which of themselves once covered the oil import deficit of EU states – but which no longer cover energy import costs.
The pyramid depends on Germany using cheap energy inputs to sell expensive value-added exports and create a trade surplus. For obvious reasons that is not the future. Germany has 80% global market share in luxury cars but that may be yesterday’s story.
So Euro is a “sovereign” currency for each member of the EuroZone. The problem is the breach of ECB Constitution which prohibited monetisation of National Deficits – Draghi started a system of buying up Debt from National Commercial Banks and National Governments continued to issue yet more New Debt to National Commercial Banks which Draghi then monetised.
So the TARGET2 reflects Southern Europe monetising Debt through ECB and then re-depositing Euro Cash into German Banks and real estate such as Munich driving up property prices.
European Banks are not especially well-capitalised in terms of their asset-liability match. How they will cope with property valuation collapse and energy price increases is something to await

Posted by: Paul Greenwood | Dec 18 2022 12:54 utc | 224

This myth that Russia either needs to tax for revenue or export for revenue to find the roubles to fund this war.
Old trick. Cite Ukraine’s problem and ascribe Ukraine’s deficiencies to Russia.
It is Ukraine that needs US dollars to flow inwards to fund itself – it is Ukraine that has no productive capacity or manpower. Long ago its young males fled west – they were in Poland and Austria back in 2016. It needs to pay for munitions and service debt incurred after 1991……it owes around $128 bn externally……..

Posted by: Paul Greenwood | Dec 18 2022 13:06 utc | 225

Derek Henry @ 220
Good to see somebody gets it. Now just imagine if everyone was in on the secret, that social benefits or the commons, can be improved, augmented, universalized as much as a society deems necessary. That this doesn’t happen is not because the tax coffers are always empty, that is it’s the citizen’s fault as people and local entities consume or spend unwisely and steal, and grift, it’s because the more money is channeled to the commons less is available for the robber barons and the financialized bubble machine.
They harp on that social security will inevitably bankrupt the country but you never hear that relentless war will bankrupt the country. Neither will bankrupt the country – unless your money creation comes through selling bonds to markets. You can’t be indebted to yourself but you can be to others, and that can bankrupt a country. Russia is barely indebted to anyone but itself and doesn’t need to import primary resources, China is a vast surplus holder of forex. Guess which governments are tens of trillions in debt to others, debt that must be paid? Two of them just went (tacitly) bankrupt – UK and Japan when recently the markets rejected their currency and bonds? Guess who’s next in line???
What is amazing is that not just the Duran and Sloboda don’t understand monetary policy, which is no big deal, it’s quite obvious people in the highest echelons of power USA, EU and NATO are also totally clueless. It’s very clear they actually thought they could bankrupt Russia, a country with minimal forex debt, through sanctions, and that now by doubling and tripling down on the war they will drain Russia dry as the coup the grace.
The sanctions and the war are the best Keynesian gift to a future boom economy Russia could ask for. For the last 30ys they’ve been tied to a western dogmatically deflationary and austerity driven neoliberal misadventure down the capitalist abyss while Asia followed the 1945-75 Keynesian American Dream / EU Boom model. I’m not a sustainer of capitalism, but if forced to choose I’ll take post war regimented Keynesianism over the post 1980 economic disaster we live in now.
Russia just decoupled itself from the western train to nowhere (ever see the movie Snowtrain?) and hooked up to the Asian high speed locomotive to prosperity – ok, reasonable prosperity, it’s not like Russia or Asia are free of grift. But Russia can only be better off.

Posted by: LightYearsFromHome | Dec 18 2022 13:30 utc | 226

Again, there have been a large number of NATO war games that show NATO losing or WWIII. There are none showing Russia losing.
Posted by: Richard Steven Hack | Dec 18 2022 3:49 utc | 165

What part of “we need more money” and “we want Russia to attack to weaken it” is difficult to understand? If it was not in the MICs interest, the information would not be released.

Posted by: Opport Knocks | Dec 18 2022 14:23 utc | 227

Norwegian | Dec 18 2022 8:06 utc | 194-195-196
_____
Thanks for your sobering (buzzkilling) perspective.

Posted by: Doug Hillman | Dec 18 2022 14:51 utc | 228

NATO already probed Russian nuclear response, now they know for a fact that Russia is impotent. …Russia gets out of Ukraine or Moscow becomes ground zero… USA has isolated and bled poor Russians for a whole year …”
by: experienced | Dec 18 2022 8:38 utc | 200
_____
Excellent satire. Thanks for the chuckles.

Posted by: Doug Hillman | Dec 18 2022 14:56 utc | 229

@Doug Hillman | Dec 18 2022 14:51 utc | 232
Thanks for commenting on my perspective, good to see it is shared!

Posted by: Norwegian | Dec 18 2022 15:29 utc | 230

i have to come back to
Posted by: Opport Knocks | Dec 17 2022 5:46 utc | 192 + 199
if i read these posts correct then Opport Knocks simply denied that a “Neoliberal rapine” happened in russia
he claims the dramatically declining births hapened because elite Soviet families in their late 20s and early 30s = Prime family creation and child bearing years left the sinking ship
he also “seems to think” that such an environment encourages family creation and child bearing among the “rest” russian
by the way , the elite Soviet families were co-responsible for the collapse of the soviet union + the following “Neoliberal rapine”, have simply stolen out of responsibility
Posted by: ghiwen | Dec 18 2022 12:19 utc | 224

You read incorrectly. I did not deny “Neoliberal rapine” happened, I clearly indicated my contempt for those who exploited the chaos, like Browder or Khodorovsky. My thesis is that it was the prior internal policies of the USSR Poliboro and the later Russian government that were the cause of any excess deaths and the decline in births.
Yourself and the authors you quote are all guilty of the common logical fallacy that statistical correlation = causation.
The ex-pat Russians that I know all blame Gorbachev and Yeltsin. Top down policy by an aging, out-of-touch politboro before that. For example, who devised and approved the scheme for citizen vouchers to transfer the state assets from public to private ownership. Not the people who exploited it. I asked my partner what happened to the vouchers that would have been issued to her and her extended family. She had no idea the program even existed.

Posted by: Opport Knocks | Dec 18 2022 16:51 utc | 231

“It’s very clear they actually thought they could bankrupt Russia, a country with minimal forex debt, through sanctions, and that now by doubling and tripling down on the war they will drain Russia dry as the coup the grace…” LightYearsFromHome@228
I’m not sure that you are right about this. Their rationale appears to have been that by implementing sanctions they would so inconvenience their compradors in Moscow- who are/were committed to the system’s integration with Wall St and The City- that they would bring about regime change.
They appear to have made no calculations at all regarding the opinion of ordinary Russians who rallied behind the SMO and are now pushing for autarkic measures, if only because their benefit is so obvious.
As to external debt much of Russia’s was run up unnecessarily by exporting profits and capital to the ‘west’. There are good grounds for its repudiation rather than for the conscientious re-payment that the Russian Central Bank, which appears to be one of the country’s leading enemies, has insisted on.
The neo-cons in Washington have total contempt for popular opinion, they have ‘learned’ that the people are so easily manipulated that there is no need to take them, or their interests, into account.

Posted by: bevin | Dec 18 2022 19:06 utc | 232

bevin @ 234

The neo-cons in Washington have total contempt for popular opinion, they have ‘learned’ that the people are so easily manipulated that there is no need to take them, or their interests, into account.

Good point, the neo-cons and elites are so busy with insular games and sticking knives in each other maybe they won’t see the pitchforks coming. Hey, at least it’s a hope, there’s not much else.
We are both right, Russia was hit with both barrels and then some, definitely correct on the comprador strategy and I’d go so far as to say there was an actual coup in the works hence the oligarch suicides in Spain and the arctic adventure gone awry. You forgot that sanctions also froze Russia’s dollar and euro reserves, that’s more than an inconvenience that’s the other barrel of the shotgun, and it was supposed to have locked up their economy effectively bankrupting them, and would have bankrupted practically any other country on the planet except for one with little need of foreign reserves to function.
As for Nabiullina all I can guess is she got religion Medvedev style, and has now turned her neo-liberal training and skills to bulwarking Russia and undermining the west rather than as an agent of it. Otherwise I can’t imagine why she’d still be in her position. Someone did a pretty good job building the macro bulwarks that were in place even before the SMO, that could not have been done without Nabiullina’s full cooperation, even going back to the attack on the ruble in 1997. She may have been a double agent all along!

Posted by: LightYearsFromHome | Dec 18 2022 23:33 utc | 233

@ Dan Farrand 101
I agree with your comment about some people here are preoccupied with Jews; your comment is well constructed and serves to remind us not to see devil in every Jew. However, your comment could also be misunderstood as a “strawman’s argument”
https://effectiviology.com/straw-man-arguments-recognize-counter-use/

Posted by: fanto | Dec 19 2022 4:21 utc | 234

To Toivos @ 26
Hi there, I live in Tiraspol so let me answer your question.
1) Pridnestrovie or PMR (not “Transdniestria” or any similar names) is not Russian territory. It is a sovereign nation that officially belongs to Moldova (this is also Russia’s position, btw).
1b) The Russian soldiers in PMR are peacekeepers, not occupiers. Furthermore, there are only about 1200 of them. They’re not set up to fight off an invasion or anything else like that.
2) Right now, Moldova is a huge ally of Ukraine, so Ukraine attacking PMR would be attacking Moldova’s territory – big no-no. Any Moldovan leader who let this happen would be hung in the town square.
3) Ukraine has offered to attack PMR several times – Moldova always said no. Only a peaceful, negotiated deal will settle the PMR-Moldova “conflict.”
4) Roughly 120.000 ethnic Ukrainians live in PMR, including 30k refugees from this war. Any invasion by Ukraine would likely kill lots of Ukrainians.
Hope this answers your question

Posted by: Sam | Dec 19 2022 8:12 utc | 235

@ Posted by: Peace | Dec 17 2022 22:12 utc | 69
I’ve also seen on many readers comments and blogs a renewal to ‘kill all Jews’, and others say Hitler should have annihilated all Jews in WWII. It’s unbelievable. While I abhor the extreme Zionism behind Israel that is shocking in its treatment of Palestinians (with US backing), people need to realise that those with Jewish backgrounds are very diverse in their opinions, and some make it worse for all the others, as it is in any country or any ethnicity on this Earth. Because I’m Anglo Saxon in heritage, that does not mean I think and operate like Joe Biden and his appalling neocons. Nor like Boris Buffoon the puppet who prolonged this war. The point is that this same Nazi-like racism is what is being projected on Russia as well, because fundamentally the rise of fascism and Nazism in Ukraine targets those classified as ‘Russians’ who now serve as the new untermensch (inferior humans) – it is a prejudice driven by utter ignorance. Make no mistake this is war based on pure Racism.
Posted by: George | Dec 17 2022 22:45 utc | 88
Wars are about resources and land. Don’t kid yourself. And you are responsible for Biden and Johnson. Sorry about that. And Jews have too much leverage in far too much policy. Zelenskyy Blinken Garland Schiff Bloomberg Brittan Lawson Rifkind Berger Albright General Clark Rcihard Cohen etc the list is fucking endless.

Posted by: Wokechoke | Dec 19 2022 23:17 utc | 236

hankster #213
Wrong.
We got coronavirus courtesy Fort Detrick and just as:

Major General Philippe Montocchio, Deputy Director of the NATO Collaboration Support Office:
“Cognitive Warfare is the most advanced form of human mental manipulation, to date, permitting influence over individual or collective behavior, with the goal of obtaining a tactical or strategic advantage. In this domain of action, the human brain becomes the battlefield. The pursued objective is to influence not only what the targets think, but also the way they think and, ultimately, the way they act.

predicted there are many dead and yet to die in that Big Pharma battlefield.

Posted by: uncle tungsten | Dec 22 2022 9:37 utc | 237

Good to hear that Azov is rushing to the rescue great nazi decimator in Bakhmut. That Russian Rare Earth Nazi Magnet is a doozy. I hear that the magnets are supported by some $20K flying lawnmowers.
A good azov is a dead azov and to think they can be mulched by a Russian lawnmower is a delight. Shows how advanced Russian technology is when a country so freaking cold that grass hardly gets a chance to wake after winter when the autumn freezes it again.
Wake me tomorrow with the news that azov is pushing up trees.

Posted by: uncle tungsten | Dec 22 2022 9:55 utc | 238

Norwegian #193

I think the only way this can be achieved is when NATO dissolves, as it should. Clearly, this is the required outcome of the present conflict.

Precisely. It is in that context that I estimate this demilitarisation of Ukraine etc will be going on for some years. The EU will be fortunate to just maintain its police force let alone NATO and vast military expenditure. The large portion of EU wealth will be exhausted purchasing USA LNG at 5x the price the Rusians sell theirs. I guess they will enjoy themselves strolling about in their new found garden.

Posted by: uncle tungsten | Dec 22 2022 10:31 utc | 239