Support for Russia

As the People’s Republic of China President Xi Jinping considers shipping money, arms, “nonperishable foods,” any other material to support Russia President Vladimir Putin’s invasion of and atrocities on Ukraine and that nation’s women and children, and hospitals and schools, and innocents sheltering in bomb shelters against the barbarians’ rockets, missiles, and bombs, the video below is what Xi will be actively approving, not merely tacitly condoning.

As Union of South Africa President Cyril Ramaphosa actually blames NATO for Putin’s naked aggression, and refuses to blame Russia for its barbaric behavior, the video below illustrates the nature of Putin’s invader barbarians that Ramaphosa actively approves.

Heads up. The video is behind Aplhabet CEO Sundar Pichai’s YouTube warning that the video is too harsh for Americans to see without being warned first. Which is, itself, an indication of the barbarism of which Xi and Ramaphosa approve.

Here is the video.

Governments that support such behavior are themselves ill-matched for the civilized world, and interaction with them should be done rarely and with great caution.

A Thought on Gasoline Production

I had one. Take a breath.

California citizens pay a far higher price for a gallon of gasoline than even the average nation-wide: $5.79 against $4.29. Most of that difference comes from California’s State-unique regulations imposing, for instance, a low-carbon fuel standard and cap-and-trade taxes.

Separate from President Joe Biden’s (D) war on fossil fuel-sourced energy inflating the price of energy generally and gasoline in particular, that California price-inflating set of requirements also inflates the cost of gasoline nationally, since refiners are reluctant to produce separate kinds of gasoline for separate markets. Which brings me to my thought.

Refiners should produce a single type of gasoline related to carbon content, cap-and-trade taxes, and other froo-froo, based on the lower levels of regulatory interference in the rest of the nation, and sell that gasoline virtually nation-wide. Then they should offer to sell that single type to California buyers together with license(s) so those buyers can to modify the refiners’ product as they wish to bring that gasoline to within California desires.

In this way, drivers in the other 49 States would get a lower cost fuel from the refiners’ not having to impose some of that California cost on the rest of us, and the refiners would be able to recoup in the form of license fees most, if not all, of the putative costs of not selling directly into the California driver market.

It’s a Start

The House, by an overwhelming bipartisan majority—424-8—passed a bill that would strip Russia and its satrap Belarus of Most Favored Nation status. The bill, if passed by the Senate and signed by President Joe Biden (or his veto overridden), would allow us to

raise tariffs on goods from Russia and Belarus and give President Biden power to impose even stricter import taxes on their exports amid the ongoing invasion of Ukraine. …
The bill also sets up strict guidelines for when the president can restore normal trade relations with Russia and Belarus based on the state of the Ukraine war.
The Biden administration will additionally be obligated to push for Russia’s removal from the World Trade Organization and oppose Belarus joining the group, which would subject both to higher tariffs and steeper trade barriers.

Eight Republicans voted against the bill; their concerns centered in part on their push to make President Joe Biden’s Executive Order barring importation of Russian oil statutory by including that in the bill.

The more we pile economic burdens onto Russia over its invasion of Ukraine and the atrocities Putin’s barbarians are perpetrating on Ukrainians, the better. However, we need to keep such moves in perspective: they’ve forced Putin to withdraw zero battalions from Ukraine, and they forced Putin to drop zero fewer bombs, rockets, or missiles on Ukrainian women, children, hospitals, schools,…. Weapons, ammunition, and medicines need to flow freely and rapidly to the Ukrainian military.

Political Disapproval of Private Enterprise Production

The Wall Street Journal‘s editors are touting the withdrawal of Sarah Bloom Raskin from the nomination to the Federal Reserve Board’s Vice Chairman position, laying that defeat off to this:

But Ms Raskin’s most significant opponent was her oft-expressed view that the Fed and other regulators should deny credit to companies that produce or heavily consume fossil fuels.

It’s good that this one failed, but it’s just an early skirmish.

The problem is broader than this. It’s dangerous to our republican democracy that anyone would be nominated to the Fed or to any Executive Branch position who would willingly abuse that position’s authority to discriminate against any government-disapproved American enterprise.

Silence is Violence

The Ukrainian industrialist and philanthropist, Victor Pinchuk, has a simple plea for the West:

We thank you for the food, the money, the sympathy and the painted blue-and-yellow flags. But if you want to save us, Ukraine needs planes, antiaircraft and antitank missiles, armed drones, and other weapons of war. So I beg our friends in the West: please give Ukraine the planes and other weapons it needs—now. Stop buying coal and oil from Russia. Don’t think about it; don’t evaluate options; don’t consider. Just do it. Time is life.

What he said.

What is that Leftist slogan? Silence is violence. More to the point for Biden-Harris and the persons leading NATO and the EU, so is dithering.