Who ever knew it, but seizing yachts is very popular! And despite the reporting that will tell you that they are impossible to re-sell, as if that makes the seizures moot, taking the oligarchs’ prized possessions scratches a weird itch in the afflicted that actually bothers the comfortable if you know what I mean and I think you do. These are ridiculous manifestations of not only conspicuous consumption, but also conspicuous waste. It also beggars belief that no useful purposes can be devised for these vessels.
Anyway, to the broader situation of Russia, and trying to strangle their economy without strangling the world economy – unless we de-fossilize our energy sources, the former will always be the latter:
This is a coherent platform for left-of-center parties across the globe: a law-and-order crackdown on international kleptocracy, and mass electrification and renewable energy to weaken the repressive and despotic petrostates. It is not a quick fix (though confiscatory wealth taxes ought to work quickly enough), and it is perhaps not as viscerally satisfying to our bloodthirsty pundit class as more fighters and missiles. But in the medium term the “solution” to the “problem” of Russian aggression is not trying to surgically crash their economy while protecting ours (an impossible tightrope to walk so long as high-income nations fail to quit fossil fuels). It may be impossible now to use Apple Pay to ride the Moscow Metro—it may even be impossible, temporarily, for particular Russian-born billionaires to anonymously purchase London pieds-à-terre—but it is still very easy to take the money you made selling natural gas to Berlin and ask a lawyer in New York to explain how to hide it it in South Dakota. The only sensible Russia policy is to make it unprofitable to be the sort of state it is. This approach would also have the side benefit of improving the sorts of states all of us reside in, and perhaps even of saving human civilization. Defeating Russia, by necessity, requires defeating fossil capital.
Image: Andrey Melnichenko’s SY A sailing yacht that at least looks like a sail boat.
Or if not to a war zone, in close proximity to one. This seems far less a question at this point than an eventuality, but… will the last vestiges of fossil fuel domination burn furiously right up to the borders of energy transformation? The physical proximity of Russia and Norway hide the light years in distance they are from one another in ways that should make us wonder about the elasticity of time:
a new study by the Clean Cities Campaign, a coalition of non-governmental organizations, which analyzed 36 European cities on factors such as road safety for pedestrians, access to climate friendly transportation and air quality. The research found that Oslo is making the most progress on wiping out mobility emissions, followed by Amsterdam and Helsinki. Naples and Krakow had the lowest scores due, in part, to congestion. The financial hubs Paris and London ranked fifth and 12th, respectively.
Meanwhile, bombs, missiles, troops, and chaos for civilians in Ukraine. We may think this is about a crazy person’s LOOK AT ME obsession and not a ‘war’ for resources, but without the latter, there is no source for the former. His delusions are being fueled by the old standbys, in addition to resentment and authoritarianism.
So… who ever thought The Cossacks Work for the Czar would become a literal trope? If you are keeping score at home, and really should be, the skullduggery looks like this. A campaign received election assistance from a foreign government, discussed potential policy changes as recompense for the successful assistance [ON TELEPHONE CALLS THAT WERE MONITORED], publicly complimented and assured the leader of the same foreign government, and blames enemies and the media (Venn diagram available) for existence of, as well as attempts to call out, this treason.
Not unrelated, continued efforts in the only actual work the administration is currently pursuing consists entirely of working the refs:
While the administration is battling a large swath of the media, the fight with CNN has special intrigue because its parent company has a massive piece of business awaiting government approval: a proposed $85.4 billion sale to AT&T Inc. Messrs. Kushner and Ginsberg, who have been friends for a decade and whose discussion covered a variety of issues including Israel and the economy, didn’t discuss the merger in their recent meeting, said the people familiar with the matter.
If you know where to jump in here, please do. In the trumped up [ugh] dispute with CNN, its president’s relationship to the reality show that launched this whole fiasco is only mentioned in passing. But there it is.
Image: Painting by Ilya Repin, The Zaparozhe Cossacks Writing a Mocking Letter to the Turkish Sultan