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ISIS Oil Going Into Turkey - Photo from the General Staff Of The Russian Armed Forces

By Michael Snyder – End Of The American Dream

How is Barack Obama going to get out of this one? On Tuesday, the Russian military produced an impressive array of evidence that clearly shows that ISIS oil is being smuggled into Turkey on an industrial scale. The evidence included photographs taken by satellite and during aerial reconnaissance missions. What the Russians have shown the world is extremely compelling, and it raises some very disturbing questions. First of all, how involved is the Turkish government in all of this? There is no way in the world that an endless parade of trucks carrying ISIS oil could have marched through Turkish border checkpoints without the cooperation of the central government. Secondly, what did Obama know and when did he know it? The U.S. military has far better surveillance capabilities than the Russians do, and so it seems absolutely absurd to suggest that Obama didn’t know what was going on.

This new Russian evidence was presented to the world by Deputy Defense Minister Anatoly Antonov, and he says that “thousands of oil trucks” have been going back and forth over the Turkish border…

According to Deputy Defense Minister Anatoly Antonov, Russia is aware of three main oil smuggling routes to Turkey.

“Today, we are presenting only some of the facts that confirm that a whole team of bandits and Turkish elites stealing oil from their neighbors is operating in the region,” Antonov said, adding that this oil “in large quantities” enters the territory of Turkey via live oil pipelines,” consisting of thousands of oil trucks.

But Antonov didn’t stop there. He went on to publicly accuse President Erdogan of Turkey and his family of running the entire operation

“Turkey is the main consumer of the oil stolen from its rightful owners, Syria and Iraq. According to information we’ve received, the senior political leadership of the country – President Erdogan and his family – are involved in this criminal business,” said Deputy Defence Minister Anatoly Antonov.

“Maybe I’m being too blunt, but one can only entrust control over this thieving business to one’s closest associates.”

In the West, no one has asked questions about the fact that the Turkish president’s son heads one of the biggest energy companies, or that his son-in-law has been appointed energy minister. What a marvelous family business!

“The cynicism of the Turkish leadership knows no limits. Look what they’re doing. They went into someone else’s country, they are robbing it without compunction,” Antonov said.

And he is right.

The Erdogan family is knee deep in this scandal, and Barack Obama has known about it the entire time. For much more on the involvement of the Erdogan family in the smuggling of ISIS oil, please see my previous article entitled “The Biggest Obama Scandal? He Knows That Turkey Is Buying Oil From ISIS And He Is Doing Nothing To Stop It“.

During his presentation, Antonov gave us a lot of specifics. He even claimed that the Russians know precisely where much of this stolen oil ends up. The following comes from an Infowars report

Continue reading at End Of The American Dream: Obama’s ISIS Oil Scandal Deepens As Russia Produces Stunning Photographic Evidence

About the author:

Michael T. Snyder is a graduate of the University of Florida law school and he worked as an attorney in the heart of Washington D.C. for a number of years.

Today, Michael is best known for his work as the publisher of The Economic Collapse Blog and The American Dream

Read his new book The Beginning of the End

World War 3 - Public Domain

By Michael Snyder – The Economic Collapse Blog

Why has Barack Obama airdropped 50 tons of ammunition into areas that “moderate rebels” in Syria supposedly control?  This is essentially the equivalent of poking the Russians directly in the eyes.  Much of this ammunition will end up in the hands of those that the Russians are attempting to bomb into oblivion, and so to Russia it appears that we are attempting to make their job much harder.  And of course the truth is that there aren’t really any “moderate rebels” in Syria at all.  Nearly all of the groups that are fighting are made up primarily of radical jihadists and/or hired mercenaries.  Personally, I don’t see anyone over there that you could call “the good guys”.  At the end of the day, the U.S. supports just about anyone that wants to get rid of the Assad regime, and the Russians are working very hard to keep Assad in power.  Just like the civil war in Ukraine, the conflict in Syria is in great danger of being transformed into a proxy war between the United States and Russia, and many fear that these conflicts could eventually be setting the stage for World War III.

The ferocity of Russian airstrikes in Syria has surprised observers all over the planet, and over the past couple of days these airstrikes have been extended to include some new areas

Russian Air Forces have extended the range of their airstrikes on Islamic State positions in Syria to four provinces, focusing primarily on demolishing fortified installations and eliminating supply bases and the terrorists’ infrastructure.

Over the last 24 hours Russian aircraft have attacked terrorist positions in the Hama, Idlib, Latakia and Raqqa provinces of Syria. In total, 64 sorties targeted 63 Islamic State installations, among them 53 fortified zones, 7 arms depots, 4 training camps and a command post.

When I read reports like this, I am deeply troubled.  The Obama administration claims that it has been bombing ISIS positions in Syria for over a year.  So why in the world do these targets still exist?

Was the U.S. military incapable of finding these installations?

That doesn’t seem likely.

So why weren’t they destroyed long ago?

Did the Obama administration not want them destroyed for some reason?

What seems abundantly clear is that the Russians are doing what the Obama administration was either unwilling or unable to do.  There is now mass panic among ISIS fighters, and thousands of them are fleeing the country

Continue reading at The Economic Collapse Blog: Is Barack Obama Actually TRYING To Start World War III?

About the author:

Michael T. Snyder is a graduate of the University of Florida law school and he worked as an attorney in the heart of Washington D.C. for a number of years.

Today, Michael is best known for his work as the publisher of The Economic Collapse Blog and The American Dream

Read his new book The Beginning of the End

Russian Air Force Sukhoi Su-34 - Photo from Mil.ru

By Michael Snyder – End Of The American Dream

The Russians have unleashed their own version of “shock and awe” in Syria, and the brutal efficiency of their airstrikes against ISIS targets has stunned many observers around the globe.  For more than a year, the Obama administration has claimed that its bombing campaign in Syria has been a “success”, and yet ISIS has continued to grow stronger and gain more territory.  But now just over a few days the tide of the conflict appears to have turned.  The whole world has gotten a chance to see what a global superpower can truly do to a bunch of radical Islamic terrorists when it is focused and determined.  The images that we have seen of hardened ISIS command centers being wiped off the face of the map by Russian bombs are truly impressive.  But why did those targets still exist in the first place?  Was the U.S. military unable to identify them previously?  Or could it be possible that the Obama administration did not want to hit them?

What we do know is that a state of panic has been created among ISIS militants that we have not seen previously.  There are reports of hundreds of terrorists abandoning their positions and trying to flee the country

Russian air strikes Saturday targeting the Islamic State group in Syria have sown “panic”, forcing some 600 “militants” to abandon their positions and head to Europe, Moscow claimed.

Summing up the results of Russia’s first three days of strikes, a senior official with the General Staff said Russian jets had made more than 60 sorties over 50 IS targets and added that Russia would ramp up its aerial campaign.

“Our intelligence shows that militants are leaving areas under their control. Panic and desertion have started in their ranks,” Colonel General Andrei Kartapolov, a senior Russian General Staff official, said in a statement.

“Some 600 mercenaries have abandoned their positions and are trying to find their way into Europe,” Kartapolov said.

Of course the mainstream media in the United States is downplaying the effectiveness of these attacks.  The Obama administration is very much against these Russian airstrikes, and it is quite an embarrassment to the U.S. that the Russians are doing what we were either unwilling or unable to do.

Continue reading at End Of The American Dream: Preview Of World War III? Russia Is Putting On A Display Of Firepower That Is Shocking The World

About the author:

Michael T. Snyder is a graduate of the University of Florida law school and he worked as an attorney in the heart of Washington D.C. for a number of years.

Today, Michael is best known for his work as the publisher of The Economic Collapse Blog and The American Dream

Read his new book The Beginning of the End

(Public Domain: U.S. Department of Energy)

By Michael Snyder – End of The American Dream

Did you know that the Russians have a massive underground complex in the Ural mountains that has been estimated to be approximately 400 square miles in size?  In other words, it is roughly as big as the area inside the Washington D.C. beltway.  Back in the 1990s, the Clinton administration was deeply concerned about the construction of this enormous complex deep inside Yamantau mountain, but they could never seem to get any straight answers from the Russians.  The command center for this complex is rumored to be 3,000 feet directly straight down from the summit of this giant rock quartz mountain.  And of course U.S. military officials will admit that there are dozens of other similar sites throughout Russia, although most of them are thought to be quite a bit smaller.  But that is not all that the Russians have been up to.  For example, Russian television has reported that 5,000 new emergency nuclear bomb shelters were scheduled to have been completed in the city of Moscow alone by the end of 2012.  Most Americans don’t realize this, but the Russians have never stopped making preparations for nuclear war.  Meanwhile, the U.S. government has essentially done nothing to prepare our citizens for an attack.  The assumption seems to be that a nuclear attack will probably never happen, and that if it does it will probably mean the end of our civilization anyway.

Needless to say, the Russians are very secretive about their massive underground facility at Yamantau mountain, and no American has ever been inside.  The following is what Wikipedia has to say about it…

Large excavation projects have been observed by U.S. satellite imagery as recently as the late 1990s, during the time of Boris Yeltsin’s government after the fall of the Soviet Union. Two garrisons, Beloretsk-15 and Beloretsk-16, were built on top of the facility, and possibly a third, Alkino-2, as well, and became the closed town of Mezhgorye in 1995. They are said to house 30,000 workers each. Repeated U.S. questions have yielded several different responses from the Russian government regarding Mount Yamantaw. They have said it is a mining site, a repository for Russian treasures, a food storage area, and a bunker for leaders in case of nuclear war. Responding to questions regarding Yamantaw in 1996, Russia’s Defense Ministry stated: “The practice does not exist in the Defense Ministry of Russia of informing foreign mass media about facilities, whatever they are, that are under construction in the interests of strengthening the security of Russia.” Large rail lines serve the facility.

Back in 1996, the New York Times reported on the continuing construction of this site.  U.S. officials were quite puzzled that the Russians were continuing to build it even though the Cold War was supposedly over at that point…

In a secret project reminiscent of the chilliest days of the cold war, Russia is building a mammoth underground military complex in the Ural Mountains, Western officials and Russian witnesses say.

Hidden inside Yamantau mountain in the Beloretsk area of the southern Urals, the project involves the construction of a huge complex served by a railroad, a highway and thousands of workers.

Within the U.S. intelligence community, there was a tremendous amount of debate at that time regarding the purposes of this facility, but what everyone agreed on was that it was going to be absolutely massive…

This article first appeared at End of The American Dream continue reading here: Russia Has Constructed Massive Underground Shelters In Anticipation Of Nuclear War

About the author:

Michael T. Snyder is a graduate of the University of Florida law school and he worked as an attorney in the heart of Washington D.C. for a number of years.

Today, Michael is best known for his work as the publisher of The Economic Collapse Blog and The American Dream

Read his new book The Beginning of the End

Vladimir Putin

By Michael Snyder

The Russians are actually making a move against the petrodollar.  It appears that they are quite serious about their de-dollarization strategy.  The largest natural gas producer on the planet, Gazprom, has signed agreements with some of their biggest customers to switch payments for natural gas from U.S. dollars to euros.  And Gazprom would have never done this without the full approval of the Russian government, because the Russian government holds a majority stake in Gazprom.  There hasn’t been a word about this from the big mainstream news networks in the United States, but this is huge.  When you are talking about Gazprom, you are talking about a company that is absolutely massive.  It is one of the largest companies in the entire world and it makes up 8 percent of Russian GDP all by itself.  It holds 18 percent of the natural gas reserves of the entire planet, and it is also a very large oil producer.  So for Gazprom to make a move like this is extremely significant.

When Barack Obama decided to slap some meaningless economic sanctions on Russia a while back, he probably figured that the world would forget about them after a few news cycles.

But the Russians do not forget, and they certainly do not forgive.

At this point the Russians are turning their back on the United States, and that includes the U.S. dollar.

What you are about to read is absolutely stunning, and yet you have not heard about it from any major U.S. news source.  But what Gazprom is now doing has the potential to really shake up the global financial landscape.  The following is an excerpt from a news report by the ITAR-TASS news agency

Gazprom Neft had signed additional agreements with consumers on a possible switch from dollars to euros for payments under contracts, the oil company’s head Alexander Dyukov told a press conference.

Additional agreements of Gazprom Neft on the possibility to switch contracts from dollars to euros are signed. With Belarus, payments in roubles are agreed on,” he said.

Dyukov said nine of ten consumers had agreed to switch to euros.

And Gazprom is not the only big company in Russia that is moving away from the U.S. dollar.

According to RT, other large Russian corporations are moving to other currencies as well…

Russia will start settling more contracts in Asian currencies, especially the yuan, in order to lessen its dependence on the dollar market, and because of Western-led sanctions that could freeze funds at any moment.

Over the last few weeks there has been a significant interest in the market from large Russian corporations to start using various products in renminbi and other Asian currencies, and to set up accounts in Asian locations,” Pavel Teplukhin, head of Deutsche Bank in Russia, told the Financial Times, which was published in an article on Sunday.

Diversifying trade accounts from dollars to the Chinese yuan and other Asian currencies such as the Hong Kong dollar and Singapore dollar has been a part of Russia’s pivot towards Asian as tension with Europe and the US remain strained over Russia’s action in Ukraine.

And according to Zero Hedge, “expanding the use of non-dollar currencies” is one of the main things that major Russian banks are working on right now…

Andrei Kostin, chief executive of state bank VTB, said that expanding the use of non-dollar currencies was one of the bank’s “main tasks”. “Given the extent of our bilateral trade with China, developing the use of settlements in roubles and yuan [renminbi] is a priority on the agenda, and so we are working on it now,” he told Russia’s President Vladimir Putin during a briefing. “Since May, we have been carrying out this work.”

“There is nothing wrong with Russia trying to reduce its dependency on the dollar, actually it is an entirely reasonable thing to do,” said the Russia head of another large European bank. He added that Russia’s large exposure to the dollar subjects it to more market volatility in times of crisis. “There is no reason why you have to settle trade you do with Japan in dollars,” he said.

The entire country is undergoing a major financial conversion.

This is just staggering.

Meanwhile, Russians have been pulling money out of U.S. banks at an unprecedented pace

So in March, without waiting for the sanction spiral to kick in, Russians yanked their moolah out of US banks. Deposits by Russians in US banks suddenly plunged from $21.6 billion to $8.4 billion. They yanked out 61% of their deposits in just one month! They’d learned their lesson in Cyprus the hard way: get your money out while you still can before it gets confiscated.

For those that don’t think that all of this could hurt the U.S. economy or the U.S. financial system, you really need to go back and read my previous article entitled “De-Dollarization: Russia Is On The Verge Of Dealing A Massive Blow To The Petrodollar“.  The truth is that the U.S. economic system is extremely dependent on the financial behavior of the rest of the globe.

Because nearly everyone else around the rest of the planet uses our currency to trade with one another, that keeps the value of the U.S. dollar artificially high and it keeps our borrowing costs artificially low.

As Russia abandons the U.S. dollar that will hurt, but if other nations start following suit that could eventually cause a financial avalanche.

What we are witnessing right now is just a turning point.

The effects won’t be felt right away.  So don’t expect this to cause financial disaster next week or next month.

But this is definitely another element in the “perfect storm” that is starting to brew for the U.S. economy.

Yes, we have been living in a temporary bubble of false stability for a few years.  However, the long-term outlook has not gotten any better.  In fact, the long-term trends that are destroying our economic and financial foundations just continue to get even worse.

So enjoy the “good times” while you still can.

They certainly will not last too much longer.

This article first appeared at The Economic Collapse: Russia Is Doing It – Russia Is Actually Abandoning The Dollar

Russian Military Vehicles

By Michael Snyder

Russia will never, ever give up Crimea without a fight.  Anyone that thinks otherwise is just being delusional.  The Russian Black Sea fleet’s main base at Sevastopol is far too strategically important.  In addition, ethnic Russians make up approximately 60 percent of the population of Crimea, and most of the population is rabidly pro-Russian.  In fact, many prominent Crimean politicians are already calling for reunification with Russia.  So if you have been thinking that Russia is just going to fold up shop and go home now that pro-European protesters have violently seized power in Kiev, you can quit holding your breath.  The truth is that Russia is more than willing to fight a war over Crimea.  And considering the fact that vitally important pipelines that pump natural gas from Russia to the rest of Europe go right through Ukraine, it is not likely that Russia will just willingly hand the rest of Ukraine over to the U.S. and the EU either.  If the U.S. and the EU push too hard in Ukraine, a major regional war may erupt which could ultimately lead to something much larger.

Russia and Ukraine have very deep historical ties.  Most Americans may not think that Ukraine is very important, but the Russians consider Ukraine to be of the utmost strategic importance.

As an American, how would you feel if another nation funded and organized the violent overthrow of the democratically-elected Canadian government and replaced it with a government that was virulently anti-American?

By doing this to Ukraine, the United States and the EU are essentially sticking a pin in Russia’s eye.  Needless to say, Russia is extremely angry at this point and they are gearing up for war.

The following are 12 signs that Russia is ready to fight a war over Crimea…

#1 More Russian military vehicles continue to pour into Crimea.  Just check out this video.

#2 Russian military vehicles have been photographed in the main square of Sevastopol.

#3 Russian military jets near the border with Ukraine have been put on combat alert.

#4 Russia has ordered “surprise military exercises” along the Ukrainian border.

#5 In connection with those “exercises”, it is being reported that Russia has deployed 150,000 troops along the border with Ukraine.

#6 Russia already has approximately 26,000 troops stationed at their naval base in Sevastopol.

#7 Russian ships carrying additional soldiers have been spotted off the coast of Crimea…

Russia’s large landing ship Nikolai Filchenkov has arrived near the Russia Black Sea Fleet’s base at Sevastopol, which Russia has leased from Ukraine since the fall of the Soviet Union in 1991.

The ship is reported to be carrying as many as 200 soldiers and has joined four additional ships carrying an unknown amount of Special Forces troops. Flot.com also reported over the weekend that personnel from the 45th Airborne Special Forces unit and additional divisions had been airlifted into Anapa, a city on Russia’s Black Sea coastline.

#8 Russian Defense Minister Sergei Shoigu made the following statement to reporters on Wednesday…

“Measures are taken to guarantee the security of our facilities.”

#9 An unidentified Russian official has told the Financial Times that Russia is willing to use military force to protect Crimea…

Moscow earlier revealed that it would be ready to go for war over the Crimea region in order to protect the large population and army installations.

“If Ukraine breaks apart, it will trigger a war. They will lose Crimea first [because] we will go in and protect [it], just as we did in Georgia,” an unidentified Russian official told the Financial Times.

#10 Officials in Sevastopol have “installed” a Russian citizen as mayor of the city.

#11 Approximately 120 pro-Russian gunmen have seized the Crimean parliament building and have raised the Russian flag.

#12 There are rumors that Russian authorities have offered protection to ousted Ukrainian president Viktor Yanukovych…

Viktor F. Yanukovych, the ousted president of Ukraine, declared on Thursday that he remained the lawful president of the country and appealed to Russia to “secure my personal safety from the actions of extremists.” Russian news agencies reported that he had already arrived in Russia, but officials did not immediately confirm that.

No matter what the “new government” in Kiev says, and no matter how hard the U.S. and the EU push, Russia will never give up Crimea.  The following is what a recent Debka article had to say about the matter…

There is no way that President Vladimir Putin will relinquish Russian control of the Crimean peninsula and its military bases there – or more particularly the big Black Sea naval base at Sevastopol. This military stronghold is the key to Russia’s Middle East policy. If it is imperiled, so too are Russia’s military posture in Syria and its strategic understandings with Iran.

And you know what?

The people of Crimea do not want Russia to leave either.  In fact, they overwhelmingly want Russia to help defend them against the “new government” in Kiev.

As you read this, militia groups are being formed in Crimea to fight back against the “nationalist invasion” that they are anticipating.  Just check out the following excerpt from a recent Time Magazine article

Many of the people at the rally in Sevastopol were not just ready to believe. They were convinced of the imminent nationalist invasion. What scared them most were the right-wing political parties and militant groups that have played a role in Ukraine’s revolution. “What do you think they’re going to do with all those weapons they seized from police in Kiev? They’re going to come here and make war,” said Sergei Bochenko, who identified himself as the commander of a local militia group in Sevastopol called the Southern Russian Cossack Battalion.

In preparation, he said, his group of several hundred men had armed themselves with assault rifles and begun to train for battle. “There’s not a chance in hell we’re going to accept the rule of that fascist scum running around in Kiev with swastikas,” he said. That may be overstating the case. Nowhere in Ukraine has the uprising involved neo-Nazi groups, and no swastikas have appeared on the revolution’s insignia. But every one of the dozen or so people TIME spoke to in Sevastopol was certain that the revolt was run by fascists, most likely on the payroll of the U.S. State Department.

And just remember what happened back in 2008 in South Ossetia and Abkhazia.  The Russians have already shown that they are not afraid to militarily intervene in order to protect Russian citizens.

So what would the U.S. and the EU do if a war erupts between Russia and Ukraine?

Would they risk a direct military confrontation with Russia in order to help Ukraine?

I am very concerned about where all of this could be heading.

What about you?

What do you think?

Please feel free to share your thoughts by posting a comment below…

More at The Economic Collapse12 Signs That Russia Is Ready To Fight A War Over Crimea