On Putin and Ukraine II

There is good news and bad news. The Ukrainians are proving tenacious, brave and effective in resisting the Russian military onslaught. On the other hand, tremendous damage is being done to the country and to the people. Cities are being decimated, innocents are being killed and a serious refugee dilemma is being foisted on Europe.Continue reading “On Putin and Ukraine II”

On Putin and Energy

John McCain once said that Russia is an old gas station masquerading as a country. It’s interesting to look at the relationship between Crude oil prices and Putin’s aggressive adventures. Over the last 10 years the crude oil price has averaged about $ 65 per barrel. But look at  this: Sep 2008:   Russian-Georgian war           Oil Price $148Continue reading “On Putin and Energy”

On Afghanistan

In December 1979, the Soviet Union invaded Afghanistan to prop up a Marxist regime which had taken power the year before.  Over nine years later, having spent over $200 billion, and suffered 15,000 troop fatalities, 35,000 wounded, having incurred substantial material losses, and having killed between 600,000 and 2 million Afghanis, they exited the country, leavingContinue reading “On Afghanistan”