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When China is Considered As Savior Of Europe

As Medvedev Praises Obama for New Start Treaty

Sticking a Novice President with a Dirty End of a Stick

Pertaining to Nuclear Weapons Destruction Verification!

December 29, 2010

http://www.tribulationperiod.com/

Begin Excerpt from Gulf News via AFP and World News

China emerges as saviour for Europe

Beijing has vowed to support European countries struggling under mountains of debt by buying their government bonds.

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AFP

Published: 00:00 December 27, 2010

GULF NEWS

Beijing: China, already the banker to the US and a major investor in emerging markets, is now positioning itself as the potential “white knight” saviour to debt-laden Europe, analysts say.

Beijing has vowed to support European countries struggling under mountains of debt by buying their government bonds, which experts say could help ease tensions over a range of trade issues as well as boost China’s global standing.

Backing the euro also serves the Asian country’s own interests by helping to ensure its biggest trade partner continues buying its exports while also diversify its world-leading foreign exchange holdings away from the dollar.

Chinese Foreign Ministry Spokeswoman Jiang Yu told reporters last Thursday that the European Union would “be one of the major markets for our forex investment” in the future.

No incentives

European officials, however, insist no incentives such as recognition of China’s market economy status or a reconsideration of an arms embargo have been offered in return for Beijing’s much-needed financial lifeline.

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“On the one hand they get to be the white knight and maybe that has some political benefit,” Patrick Chovanec, an economics professor at Tsinghua University in Beijing, said.

“It also fits with their plan to diversify away from the US dollar,” he added.

Boosting its holdings of euro bonds is a good investment for China and could ease pressure on Beijing over its yuan exchange rate controls.

Begin Excerpt from New York Times via World News

Medvedev Praises Obama for New Start Treaty

President Dmitri A.

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Medvedev on Thursday called the New Start treaty “a cornerstone of security for the coming decades.”

By ELLEN BARRY

Published: December 24, 2010

MOSCOW — Russia’s president, Dmitri A. Medvedev, on Friday called the New Start treaty “a cornerstone of security for the coming decades,” and spoke warmly of President Obama, saying that “under very difficult circumstances, he managed to make the Senate ratify this document.”

Arms Talks Now Turn to Short-Range Weapons (December 25, 2010)

Mr. Medvedev said Mr. Obama “is a man who knows how to hear and to listen, a man not trapped by stereotypes, a man who lives up to this standard — he keeps his word.” He said he expects t

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he thaw in relations between Russia and the United States to be a lasting one, despite midterm Congressional election gains by Republicans who are wary of Russia.

“There are people in America who are sympathetic to the ‘reset,’ ” he said. “There are others who shudder at the thought of it, and think all evil is concentrated in the Russian Federation.

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This is just democracy at work. Still, I think American society and its establishment will have enough tact and self-control to continue this path.”

Mr. Medvedev made the comments during a televised question-and-answer session with the heads of Russia’s three leading television stations.

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The Russian Parliament, which was waiting for the treaty to be ratified by the Senate, held a first reading of a ratification bill on Friday. The bill will need to pass three readings by the Duma, the lower house of Parliament, a process that will continue at least through the end of January. Though deputies may attach nonbinding amendments to the bill, approval is virtually assured.

“The treaty brings our relations with the United States to a fundamentally new qualitative level, to the level of equality, parity and a balance of interests,” Russia’s foreign minister, Sergey V. Lavrov, told deputies on Friday. A failure to ratify it, he said, would “deliver a serious blow to our reputation.”

Mr. Medvedev’s television appearance on Friday touched on many of the same topics as Prime Minister Vladimir V. Putin’s televised “conversation” last week, though it was about one-third as long, about one hour and 40 minutes.

While Mr. Putin used the occ asion to emph

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asize what he described as the urgent need to maintain order, Mr. Medvedev reprised his calls to modernize the state, saying Russians should believe in laws and institutions, not just “a good czar and force.”

Though stability was a worthy goal during the rocky years after the collapse of the Soviet Union, Mr. Medvedev said, that period is over.

“We cannot develop the nation through stability alone, we also need drive,” he said. “ Drive is a desire to do something,

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to overcome oneself.

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If there are those in power who believe that they are fine, they should stay at Courchevel,” a French ski resort beloved by Russia’s moneyed — and frequently officeholding — elite.

Mr. Medvedev also endorsed the “vertical of power” forged by Mr. Putin. He said Russia “almost broke apart, among other reasons because of the egoism of regional leaders” before Mr. Putin abolished direct elections of governors in favor of handpicked Kremlin appointments in 2004.

“Not all democratic methods work well,” he said. “For the time being, it is necessary to maintain the unified administration of the state — the vertical.”

Mr. Medvedev announced with some pride that he had replaced one-third of Russia’s regional leaders since becoming president three years ago, saying he allots each leader two, or at most three, terms to prove his performance.

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Though he was referring to regional governors, his words come against the backdrop of Russia’s central political intrigue: Whether Mr. Putin, a two-term president, will seek a return to the presidency in 2012, displacing Mr. Medvedev.

“People cannot work eternally,” Mr. Medvedev said. “Sometimes they should go have some rest, and give way to others.”

Begin Excerpt from NewsMax.Com

Rush Limbaugh: START Disarms America

Friday, 24 Dec 2010 01:13 PM

By Dan Weil

The Strategic Arms Reduction Treaty with Russia shows once again that President Barack Obama and congressional Democrats favor unilateral disarmament, conservative radio talk legend Rush Limbaugh says.

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“These are Obama’s objectives,” Limbaugh explained on his show. “He said this during the campaign. He wants to reduce and eliminate nuclear arsenals, and he’ll start with ours.”

The president is just following through on his campaign promises, Limbaugh says. “He vowed to get rid of our missile defense.

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Everybody knows the Russians don’t live up to agreements. This is not about the Russians. This is about us.”

Democrats have found their enemy, and it is us, Limbaugh says. To Democrats, “the focus of evil in the modern world is the United States,” he says. “Our nuclear arsenal makes us the lone superpower. We represent the threat. We represent the focus of evil.”

As for Obama, “he’s just fulfilling a lifelong dream of the Democrat Party and the American left and the worldwide left, and he’s got the votes to do it,” Limbaugh says.

Limbaugh is none too happy with Republicans who backed START.

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He cites a column from Andrew McCarthy in National Review to illustrate his case: “As is too often the case, Republican senators are taking their foreign-affairs cues from John McCain and Richard Lugar, leaders of the caucus’s moderate wing — which is to say, its incoherent wing,” McCarthy writes.

“The Senate is pretending that it has the authority to rewrite a treaty, while the president pretends that the unacceptable treaty can be fixed by writing letters to the senators who need courting rather than writing a new treaty with Russian leaders who need convincing.”

Getting back to Limbaugh, he says, “It’s inexplicable all these Republicans helping out.”

The upshot is a mess, he points out. “It is not helpful to the United States, it’s helpful to our enemies, but this is the status quo for the Democrat Party, folks. The Democrat Party [has] always sided with the Soviet Union over America.”

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