WORLD FUTURE FUND
2017 SENATE RUSSIAN SANCTIONS BILL
A THREAT TO WORLD PEACE
AND THE WORLD ECONOMY
The most important national security issue in the world today is the relationship between America and Russia. Russia is not like any other country in the world. It alone has the capability to wipe out the United States in about 45 minutes. Likewise, America has the ability to wipe out Russia in about 45 minutes. Also, if there is a nuclear war, the consequences for the global environment could be fatal and could kill everybody else on the planet, not just the citizens of America and Russia. As a result, there is a need for mature and intelligent relations between America and Russia.
We are not here to defend President Putin or President Trump. We are here to discuss where we should go in terms of relations.
It is important to understand that sanctions are an act of war and have frequently led to war in history.
A case study of what not to do is the extreme sanctions bill passed by the US Senate on June 15. America and Russia need a real dialogue to resolve their differences. And we need to let this Administration's foreign policy officials do their jobs. We need to let Secretary of Defense James Mattis, Secretary of State Rex Tillerson, and National Security Advisor H. R. McMaster negotiate with Russia without throwing obstacles in their way.
This bill would make it very difficult for the President of the United States of America from rolling back restrictions on Russia without Congress’s approval. This is a very serious and dangerous situation. The President of the United States of America needs the power to be able to negotiate with Russia. He cannot do this if there are 535 Secretaries of State.
What's the endgame of the people who passed this bill? Do they think the Russians are going to surrender and give up Crimea? Why? The people of Crimea want to be part of Russia. The reality is that the Russians are not going to back down. It's never going to happen.
We have proposed a more realistic solution. A big point of contention today between Russia and America is the Ukraine. We call on all reasonable people to support an internationally supervised plebiscite in Ukraine to help the different provinces to decide their own future. With an internationally supervised plebiscite, the parts of Ukraine that want to join Russia can join Russia, and the parts that want to remain in Ukraine can remain in Ukraine. We have good friends on both sides of this conflict. We understand it is a difficult and tricky situation. But somebody needs to de-escalate the conflict, and what we need to do is to have high-level discussions between America and Russia to resolve the differences.
The sanctions bill is not only a threat to US relations with Russia, it's a threat to the whole world economy. America is currently the world's largest debtor with a net deficit position of a staggering $8 trillion according to the Commerce Department. Meanwhile, Europe depends on Russian gas. American economic warfare against Russia could end up devastating the U.S. economy if it creates major shifts in world credit flows. After all, why trust America with your money if America will try to seize it any time it does not like your policies?
Sanctions are an act of war and they're a very clumsy tool for diplomacy. They should be used sparingly. They are not the magic solution to everything.
In terms of election interference, we see the potential of a non-interference agreement.
What America should do is build up its cyber defenses, that's an intelligent response to this whole situation. Getting into a huge conflict with Russia and setting the stage for a nuclear holocaust is not a good idea. The American people do not want war with Russia. We need to be moving in the opposite direction of war. The Senate sanctions bill is a direct threat to world peace, indeed it could be considered the most direct threat to world peace in recent times.
Having the Congress freeze US Russian relations is an extremely hostile act that could lead to a world war. The Senate's Sanction Bill is a threat to global peace. It has recently moved on to the House, where it must not be allowed to pass.
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READ THE SENATE SANCTIONS BILL HERE
RELATED NEWS ARTICLES
Senate Approves Russia Sanctions, Limiting Trump's Oversight (The Atlantic, 6-14-17)