Best of the Week
Most Popular
1. 2019 From A Fourth Turning Perspective - James_Quinn
2.Beware the Young Stocks Bear Market! - Zeal_LLC
3.Safe Havens are Surging. What this Means for Stocks 2019 - Troy_Bombardia
4.Most Popular Financial Markets Analysis of 2018 - Trump and BrExit Chaos Dominate - Nadeem_Walayat
5.January 2019 Financial Markets Analysis and Forecasts - Nadeem_Walayat
6.Silver Price Trend Analysis 2019 - Nadeem_Walayat
7.Why 90% of Traders Lose - Nadeem_Walayat
8.What to do With Your Money in a Stocks Bear Market - Stephen_McBride
9.Stock Market What to Expect in the First 3~5 Months of 2019 - Chris_Vermeulen
10.China, Global Economy has Tipped over: The Surging Dollar and the Rallying Yen - FXCOT
Last 7 days
Forex Trading Management: The Importance of Being Prepared - 19th Feb 19
Gold Stocks are Following This Historical Template - 19th Feb 19
Here’s Why The Left’s New Economic Policies Are Just Stupid - 19th Feb 19
Should We Declare Emergency for Gold? - 19th Feb 19
Why Stock Traders Must Stay Optimistically Cautious Going Forward - 19th Feb 19
The Corporate Debt Bubble Is Strikingly Similar to the Subprime Mortgage Bubble - 18th Feb 19
Stacking The Next QE On Top Of A $4 Trillion Fed Floor - 18th Feb 19
Get ready for the Stock Market Breakout Pattern Setup II - 18th Feb 19
It's Blue Skies For The Stock Market As Far As The Eye Can See - 18th Feb 19
Stock Market Correction is Due - 18th Feb 19
Iran's Death Spiral -- 40 Years And Counting - 17 Feb 19
Venezuela's Opposition Is Playing With Fire - 17 Feb 19
Fed Chairman Deceives; Precious Metals Mine Supply Threatened - 17 Feb 19
After 8 Terrific Weeks for Stocks, What’s Next? - 16th Feb 19
My Favorite Real Estate Strategies: Rent to Live, Buy to Rent - 16th Feb 19
Schumer & Sanders Want One Thing: Your Money - 16th Feb 19
What Could Happen When the Stock Markets Correct Next - 16th Feb 19
Bitcoin Your Best Opportunity Outside of Stocks - 16th Feb 19
Olympus TG-5 Tough Camera Under SEA Water Test - 16th Feb 19
"Mi Amigo" Sheffield Bomber Crash Memorial Site Fly-past on 22nd February 2019 VR360 - 16th Feb 19
Plunging Inventories have Zinc Bulls Ready to Run - 15th Feb 19
Gold Stocks Mega Mergers Are Bad for Shareholders - 15th Feb 19
Retail Sales Crash! It’s 2008 All Over Again for Stock Market and Economy! - 15th Feb 19
Is Gold Market 2019 Like 2016? - 15th Feb 19
Virgin Media's Increasingly Unreliable Broadband Service - 15th Feb 19
2019 Starting to Shine But is it a Long Con for Stock Investors? - 15th Feb 19
Gold is on the Verge of a Bull-run and Here's Why - 15th Feb 19
Will Stock Market 2019 be like 1999? - 14th Feb 19
3 Charts That Scream “Don’t Buy Stocks” - 14th Feb 19
Capitalism Isn’t Bad, It’s Just Broken - 14th Feb 19
How To Find High-Yield Dividend Stocks That Are Safe - 14th Feb 19
Strategy Session - How This Stocks Bear Market Fits in With Markets of the Past - 14th Feb 19
Marijuana Stocks Ready for Another Massive Rally? - 14th Feb 19
Wage Day Advance And Why There is No Shame About It - 14th Feb 19
Will 2019 be the Year of the Big Breakout for Gold? - 13th Feb 19
Earth Overshoot Day Illustrates We are the Lemmings - 13th Feb 19
A Stock Market Rally With No Pullbacks. What’s Next for Stocks - 13th Feb 19
Where Is Gold’s Rally in Response to USD Weakness? - 13th Feb 19

Market Oracle FREE Newsletter

The Real Secret for Successful Trading

Putin’s Blitz Leaves Washington Rankled and Confused

Politics / GeoPolitics Oct 04, 2015 - 02:17 PM GMT

By: Mike_Whitney

Politics

On Monday, Russian President Vladimir Putin delivered a blistering critique of US foreign policy to the UN General Assembly.

On Tuesday, Barack Obama shoved a knife in Putin’s back. This is from Reuters:

“France will discuss with its partners in the coming days a proposal by Turkey and members of the Syrian opposition for a no-fly zone in northern Syria, French President Francois Hollande said on Monday


French Foreign Minister Laurent Fabius “in the coming days will look at what the demarcation would be, how this zone could be secured and what our partners think,” Hollande told reporters on the sidelines of the annual United Nations General Assembly…

Hollande said such a proposal could eventually be rubber-stamped with a U.N. Security Council resolution that “would give international legitimacy to what’s happening in this zone.”…(France, partners to discuss northern Syria ‘safe zone’: Hollande, Reuters)

Hollande is a liar and a puppet. He knows the Security Council will never approve a no-fly zone. Russia and China have already said so. And they’ve explained why they are opposed to it, too. It’s because they don’t want another failed state on their hands like Libya, which is what happened last time the US and NATO imposed a no-fly zone.

But that’s beside the point. The real reason the no-fly zone issue has resurfaced is because it was one of the concessions Obama made to Turkish President Recep Tayyip Erdogan for the use of Incirlik airbase.  Washington has kept the terms of that deal secret, but Hollande has let the cat out of the bag.

So who put sock-puppet Hollande up to this no-fly zone nonsense?

Why the Obama administration, of course. Does anyone seriously believe that Hollande is conducting his own independent policy in Syria?  Of course not.  Hollande is just doing what he’s been told to do, just like he did when he was told to scotch the Mistral deal that cost France a whopping $1.2 billion. Washington and NATO didn’t like the idea that France was selling state-of-the-art helicopter carriers to arch-rival Putin, so they ordered Hollande to put the kibosh on the deal. Which he did, because that’s what puppets do; they obey their masters.  Now he’s providing cover for Obama so the real details of the Incirlik agreement remain off the public’s radar. That’s why we say,  Obama shoved a knife in Putin’s back, because, ultimately, the no-fly zone damages Russia’s interests in Syria.

The significance of the Reuters article cannot be overstated. It suggests that there was a quid pro quo for the use of Incirlik, and that Turkey’s demands were accepted. Why is that important?

Because Turkey had three demands:

1–Safe zones in north Syria (which means that Turkey would basically annex a good portion of Syrian sovereign territory.)
2–A no-fly zone (which would allow either Turkish troops, US Special Forces or US-backed jihadi militants to conduct their military operations with the support of US air cover.)
3–A commitment from the US that it will help Turkey remove Assad.

Did Obama agree to all three of these demands before Erdogan agreed to let the USAF use Incirlik?

Yes, at least I think he did, which is why I think we are at the beginning of Phase 2 of the US aggression against Syria. Incirlik changes everything. US bombers, drones and fighters can enter Syrian airspace in just 15 minutes instead of 3 to 4 hours from Bahrain. That means more sorties, more surveillance drones, and more air-cover for US-backed militias and Special Forces on the ground.  It means the US can impose a de facto no-fly zone over most of Syria that will expose and weaken Syrian forces tipping the odds decisively in favor of Obama’s jihadi army. Incirlik is a game-changer, the cornerstone of US policy in Syria.  With access to Incirlik, victory is within Washington’s reach. That’s how important Incirlik is.

And that’s why the normally-cautious Putin decided to deploy his warplanes, troops and weaponry so soon after the Incirlik deal was signed. He could see the handwriting on the wall. He knew he had to either act fast and turn the tide or accept the fact that the US and Turkey were going to topple Assad sometime after Turkey’s snap elections on November 1. That was his timeline for action. So he did the right thing and joined the fighting.

But what does Putin do now?

On Wednesday, just two days after Putin announced to the UN General Assembly:  “We can no longer tolerate the current state of affairs in the world,” Putin ordered the bombing of targets in Homs, an ISIS stronghold in West Syria. The attacks, which were unanimously approved by the Russian parliament earlier in the day, and which are entirely legal under international law (Putin was invited by Syria’s sitting president, Assad, to carry out the airstrikes), have put US policy in a tailspin. While the Russian military is maintaining an open channel to the Pentagon and reporting when-and-where it is carrying out its airstrikes, U.S. State Department spokesman John Kirby said that the US plans to “continue to fly missions over Iraq and Syria” increasing the possibility of an unintended clash that could lead to a confrontation between the US and Russia.

Is that what Washington wants, a violent incident that pits one nuclear-armed adversary against the other?

Let’s consider one probable scenario: Let’s say an F-16 is shot down over Syria while providing air cover for Obama’s militants on the ground. Now that Russia is conducting air raids over Syria, there’s a good chance that Putin would be blamed for the incident like he was when the Malaysian airliner was downed over East Ukraine.

So what happens next?

Judging by similar incidents in the past,  the media would swing into full-propaganda mode exhorting the administration to launch retaliatory attacks on Russian military sites while calling for a broader US-NATO mobilization. That, in turn, would force Putin to either fight back and up-the-ante or back-down and face disgrace.  Either way, Putin loses and the US gets one step closer to its objective of toppling Bashar al Assad.

Putin knows all this. He understands the risks of military involvement which is why he has only reluctantly committed to the present campaign. That said; we should expect him to act in much the same way as he did when Georgian troops invaded South Ossetia in 2007. Putin immediately deployed the tanks to push the invading troops back over the border into Georgia and then quickly ended the hostilities. He was lambasted by critics on the right for not invading Georgia and removing their leader, Mikheil Saakashvili, in the Capital. But as it turned out, Putin’s restraint spared Russia the unnecessary hardship of occupation which can drain resources and erode public support. Putin was right and his critics were wrong.

Will his actions in Syria mirror those in South Ossetia?

It’s hard to say, but it’s clear that the Obama crew is thunderstruck by the speed of the intervention. Check this out from the UK Guardian:  “Back at the White House, spokesperson Josh Earnest suggests that Vladimir Putin did not give Barack Obama warning about his intentions to begin air strikes in Syria.

“We have long said we would welcome constructive Russian coordination,” Earnest says, before qualifying that the talks between US and Russian militaries will be purely tactical: “to ensure that our military activities and the military activities of coalition partners would be safely conducted.” (The Guardian)

What does Earnest’s statement mean?  It means the entire US political class was caught off-guard by Putin’s  blitz and has not yet settled on an appropriate response. They know that Putin is undoing years of work by rolling up proxy-units that were supposed to achieve US objectives, but there is no agreement among ruling elites about what should be done. And making a decision of that magnitude could take time, which means that Putin should be able to obliterate a fair number of the terrorist hideouts and restore control of large parts of the country to Assad before the US ever agrees to a strategy. In fact, if he moves fast, he might even be able to force the US and their Gulf allies to the bargaining table where a political solution could be reached.

It’s a long-shot, but it’s a much better option then waiting around for the US to impose a no-fly zone that would collapse the central government and reduce Syria to Libya-type anarchy. There’s no future in that at all.

By Mike Whitney

Email: fergiewhitney@msn.com

Mike Whitney lives in Washington state. He is a contributor to Hopeless: Barack Obama and the Politics of Illusion (AK Press). Hopeless is also available in a Kindle edition. He can be reached at fergiewhitney@msn.com.

© 2015 Copyright Mike Whitney - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Mike Whitney Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules