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Treasury sanctions Venezuela state-owned oil firm

US announces sanctions against Venezuela oil firm from CNBC.

The Trump administration will sanction Venezuela’s state-owned oil firm, a move the White House has long put off for fear that it would raise oil prices and hurt American refiners.

The move comes after a turbulent week for Venezuela that has created a standoff over the country’s leadership. The sanctions aim to transfer control of Venezuela’s oil wealth to forces that oppose socialist dictator Nicolas Maduro and deprive the strongman of resources that could prolong his grip on power.

Last week, the opposition leader of Venezuela’s National Assembly, Juan Guaido, named himself interim president amid street protests. President Donald Trump soon recognized Guaido as the nation’s leader and his administration has been marshaling international support for the opposition figure since then.

Maduro, having recently started another term following highly disputed elections, is refusing to back down. He is supported by the country’s minister of defense and Russia.

Nicolas Maduro, president of Venezuela, speaks during a swearing in ceremony for the new board of directors of Petroleos de Venezuela SA (PDVSA), Venezuela's state oil company, in Caracas, Venezuela, on Tuesday, Jan. 31, 2017.

Carlos Becerra | Bloomberg | Getty Images
Nicolas Maduro, president of Venezuela, speaks during a swearing in ceremony for the new board of directors of Petroleos de Venezuela SA (PDVSA), Venezuela’s state oil company, in Caracas, Venezuela, on Tuesday, Jan. 31, 2017.

Treasury Secretary Steven Mnuchin on Monday determined that people operating in Venezuela’s oil sector are subject to U.S. sanctions.The nation’s energy industry is dominated by state-owned Petroleos de Venezuela, better known as PDVSA.

Mnuchin said PDVSA has long been a vehicle for embezzlement and corruption by officials and businessmen. The sanctions against PDVSA will prevent the nation’s oil wealth from being diverted to Maduro and will only be lifted when his regime hands control of them to successor government, he added.

“The path to sanctions relief for PDVSA is through the expeditious transfer of control to the interim president or a subsequent democratically elected government who is committed to taking concrete and meaningful actions to combat corruption,” Mnuchin said during a White House press briefing.

Under the sanctions, U.S. companies can continue to purchase Venezuelan oil, but the payments must be held in an account that cannot be accessed by the Maduro regime.

“If the people in Venezuela want to continue to sell us oil, as long as the money that money goes into blocked accounts, we’ll continue to take it,” Mnuchin said. “Otherwise we will not be buying it.”

Oil prices pared some losses after news of the sanctions broke, but major benchmarks were still down more than 2.5 percent following the official announcement. U.S. crude ended Monday’s session 3.2 percent lower earlier in the day.

In order to minimize disruptions and support for humanitarian aid, Treasury’s Office of Foreign Asset Controls has issued general licenses that authorize some transactions and activities with PDVSA to continue for a limited time, Mnuchin said. European and Caribbean companies will also be granted licenses so they can wind down business with PDVSA in an orderly fashion.

PDVSA’s Citgo refineries in the U.S. will be allowed to continue to operate, but revenues must be placed in an escrow account in the United States. Citgo operates three U.S. refineries with a combined ability to process about 750,000 barrels per day of crude oil into fuels.

Venezuela’s oil production has cratered in recent years following a long stretch of mismanagement and economic crisis that has prevented PDVSA from maintaining output, creating a vicious cycle of falling supplies and revenue.

Still, Venezuela remains one of the largest suppliers to U.S. refineries. Venezuela shipped an average 580,000 bpd of crude oil and petroleum products to the country in the year through October 2018, the last month data were available.

Confirmation of the administration’s intent to sanction PDVSA came from Sen. Marco Rubio prior to the press conference, after Axios earlier reported the impending actions.

“The Maduro crime family has used PDVSA to buy and keep the support of many military leaders,” Rubio said in a statement. “The oil belongs to the Venezuelan people, and therefore the money PDVSA earns from its export will now be returned to the people through their legitimate constitutional government.”

CNBC



115 Comments on "Treasury sanctions Venezuela state-owned oil firm"

  1. makati1 on Mon, 28th Jan 2019 5:34 pm 

    Trumpet is destroying the US faster than outside forces with his illegal sanctions and trade wars. The dollar is being put into a tighter and tighter corner and will not likely survive his eight years. So be it. The sooner the US goes down, the better for the rest of the world. Are YOU prepared for a 3rd world America?

  2. makati1 on Mon, 28th Jan 2019 5:54 pm 

    THIS is why the uS has to be taken down:

    “John Bolton Openly Admits He Wants Maduro Out, American Oil Companies In”

    “John Bolton recently admitted to Fox Business that the US has a “lot at stake” amidst the ongoing Venezuela crisis given the fact that it has the world’s largest proven oil reserves. Bolton told host Trish Regan” (There it is. The real reason that Maduro must go. Democracy be damned.)

    https://www.zerohedge.com/news/2019-01-28/venezuela-regime-change-good-american-oil-companies-says-john-bolton

    The US is waging ‘war’ on many countries as it goes down the shitter. It will only succeed in isolating itself, suffering a civil war, and end up a 3rd world country. No other options possible. So be it.

  3. makati1 on Mon, 28th Jan 2019 6:00 pm 

    More US insanity: “When asked following the briefing by eagle-eyed reporters who caught a glimpse of the notepad’s contents about the “5,000 troops to Columbia” memo, the White House spokesperson responded, “As the President has said, all options are on the table.”

    https://www.zerohedge.com/news/2019-01-28/5000-troops-colombia-quell-venezuela-crisis-john-bolton-flashes-notepad-contents

    Maybe I made a mistake. It might mnot take Trumpet eight years. He may manage to destroy the US in four. We can only hope.

  4. makati1 on Mon, 28th Jan 2019 6:15 pm 

    More American insanity: MINI NUKES!

    Why the fuck do the idiots in DC think that they can use “mini nukes” and not get the big ones in return? Is it something in the water in DC? Maybe the beltway is saturated with drugs and no one realizes it?

    https://www.zerohedge.com/news/2019-01-28/trump-administration-rolls-out-low-yield-nukes (From the Guardian)

    Just when you think it cannot get any crazier, it does.

  5. twocats on Mon, 28th Jan 2019 6:24 pm 

    first Iran and now Venezuela. Neocons won’t be allowed to invade them so they are putting on crushing sanctions and trying to starve them out. The full court press is on – from the UN to trolls on the internet.

    It’s hard to believe the US still has the power to pull this shit off – but for now it’s definitely working. I see the risks the makati are raising – but if we are betting between Venezuela and the US at this point? US all the way. Sad.

  6. I AM THE MOB on Mon, 28th Jan 2019 6:42 pm 

    Mak

    Obese American passenger forces Taiwanese flight attendant to wipe his butt on plane
    https://shanghai.ist/2019/01/22/obese-american-passenger-forces-taiwanese-flight-attendant-to-wipe-his-butt-on-plane/

  7. onlooker on Mon, 28th Jan 2019 6:49 pm 

    The US has been thoroughly corrupted. They do the bidding of the Money Titans ie. Bankers. As do all the rich countries. The Bankers control the money not to mention controlling stakes in the largest corporations. As long as the money system exists, they will have great power

  8. makati1 on Mon, 28th Jan 2019 6:55 pm 

    MOB, what does your ref have to do with anything? Are your drugs wearing off? We all know that most Americans are insane. Is that what you were trying to prove? And, is it real or misinfo? Only the writer knows.

  9. twocats on Mon, 28th Jan 2019 6:55 pm 

    well, I think with the Guaido declaration (the green light for which was given by Pence personally), the Pompeo actions at the UN, and this latest move by Mnuchin, essentially the opposition in Venezuela has crossed the rubicon. they are going to have to win or be killed. I don’t see a “dialogue” working when one side is basically going for a killing blow.

  10. makati1 on Mon, 28th Jan 2019 7:00 pm 

    twocats, I would not put my money on the US winning. Did you forget China and Russia have a huge investment in Venezuela and both are not likely to back out. I see it getting much worse before the end. But, will the US survive long enough to pursue this new “war”? I see 2020 as the year of the end of the US as we know it. The psycho ward called the Beltway is filling up with freaky contestants for the Presidency. The next few years are going to be exciting for Americans. Glad I do not live there.

  11. I AM THE MOB on Mon, 28th Jan 2019 7:11 pm 

    Couple Allegedly Stole $5M to Prep for ‘Fall of US Government’

    http://www.newser.com/story/270326/couple-allegedly-stole-5m-to-prep-for-fall-of-us-government.html?fbclid=IwAR1qY3JIn1EiXpC039Uz34suMCi0EM0YLOpzrCqdI2qM-9oNS-YxcKVLOU8

  12. I AM THE MOB on Mon, 28th Jan 2019 7:42 pm 

    Trump Economy Lags Clinton’s, Obama’s, Reagan’s and Even Carter’s

    https://www.bloomberg.com/view/articles/2019-01-28/trump-economy-lags-clinton-s-obama-s-reagan-s-and-even-carter-s

  13. Davy on Tue, 29th Jan 2019 5:50 am 

    “Venezuela – A Case Of Socialist-Organized Theft”
    https://tinyurl.com/yasw5wmw

    “The mistake that many make is to think that this wreck has been caused by a combination of incompetence and folly. And they are wrong. The Venezuelan socialist regime has carried out the largest organized robbery in history and has done so with a perfectly designed plan. The plan was always to expropriate the wealth of the whole country for the benefit of a few political leaders through plundering, destruction of currency and decapitalizacón of the state oil company What has happened to Venezuela is not a disaster or a coincidence, it is socialism.”

    “The nonexistent blockade. The United States is one of Venezuela’s largest trading partners. Trade between the United States and Venezuela in 2018 grew by more than 9%. Venezuela has bilateral trade agreements with more than 70 countries. Chavismo, like the Castro regime in Cuba, manipulates its followers by calling the sanctions against members of the regime and the fraudulent use of the country’s funds a “blockade”. The only blockade suffered by Venezuela is that of Chavismo against its citizens.”

    “The nonexistent excuse of oil prices. Venezuela is the only OPEC country in economic depression and hyperinflation. All the oil-producing countries have adapted their economies without falling into the economic destruction and generalized poverty created by Chavismo in Venezuela. Chávez used to say “put the price of oil at zero and Venezuela will not enter into crisis”. It was not necessary. Venezuela squandered the oil revenues received during the first decade with Chavez when crude oil prices rose exponentially and destroyed any hint of wealth later.”

    “The real coup d’état. The only coup is the one that Maduro perpetrated when he manipulated an election whose result was not recognized by the majority of Western countries, with a totalitarian constituent process whose result is not recognized even by the company in charge of the voting system (Smartmatic). Chavismo has used seemingly democratic instruments to silence and destroy the National Assembly and perpetuate Maduro in power through fraudulent elections.”

    “It is not real socialism”. Many say that Venezuela is not true socialism. If anything has characterized the Venezuelan regime is that it has applied the socialist recommendations and policies by the book: Systematic attack against property rights and nationalization of means of production as established in the National Socialist Plan 2007-2013: expropriate companies, use the box of state companies to political purposes, impose intervened prices and print money massively.”

    “First robbery: Expropriation. The Center for the Dissemination of Economic Knowledge (Cedice) estimates that more than 2,500 companies have been expropriated by the Chavez-Maduro regime. Of these companies, the vast majority are now bankrupt and have been devastated by socialist management.”

    “Second robbery: the decapitalization of PdVSA. In 1998, PdVSA produced 3.5 million barrels per day, today it does not reach 1.3 million. Meanwhile, the government multiplied the number of employees, firing many excellent Venezuelan engineers and filling the company with crony political supporters, going from 25,000 employees in 1998 to 140,000 in 2017.”

    “Third robbery: Savings and wages. Inflation, the tax of the poor. The Chavez regime economic advisers repeated, “printing money for the people does not cause inflation”… Money supply has been increasing exponentially, by 3,000% in a single year, 2018, destroying the purchasing power of the currency.”

  14. Davy on Tue, 29th Jan 2019 5:51 am 

    I love it when the board extremist whiners come on here and blame everything on the US with what is going on in Venezuela. This is how extremist think. It is all or nothing type deal. The US is a bad actor on the world stage with other bad actors. It is the worst for bad behavior mainly because it can but many others are bad too and Maduro and late Chavez are one of them.

    I also love to hear the socialist whiners with capitalism. First they don’t know what they are talking about when it comes to economics. Capitalism and socialism are mixed in most countries anyway it is just a matter of who is on the teat and how competent the country is. Venezuela is not competent. It had and has bad leadership. It also had an enemy in the US which actually helped Venezuela disengage from the US hegemony. Yea, the US bad behavior help Chavez and now Maduro’s bad behavior. Fancy that extremist.

    Whine all you like about the capitalism but there is no alternatives out these especially socialism as a cure. The human experiment is going down everywhere and the new populist extremist left wing “socialistas” are going down the traditional path of destruction. The post 08 path of central bank wealth transfer to the rich was little different but the banks and the rich will protect the golden egg while they slowly kill the goose. The socialistas are going to smash the egg to save the goose but tell us both will be saved. Which way is better?? Either way it is about wealth transfer in a collapse process. The socialistas radical agenda will likely take us down quicker. This is because destructive change now is likely too much for a damaged global economy and social fabric. That is the plain and simple of it not that one works better than the other. The Capitalistic plutocracy will do it slower but it is all going to the same place.

    An eventual shock politically, socially, economically, and environmentally is coming and it does not matter who is in power. All the decline and decay in these different aspects of society are negatively converging and amplifying a collapse process. Maybe the mafia state that is Russia is the most stable now but what happens when the Don Putin is gone? So you emotional wrecks on this board that have turned extremist and nasty get a grip you are just finger pointing and throwing air punches. The extremist like clogged and makato who promote their region as if it will decouple and rise like a phoenix are equally laughable. This place is a soap box of sadness. LMFAO. Now we have the mentally ill juanp in an orgy of malfeasance with denial of comment type censorship tactics of identity theft, socks, and fake posts. OOOo, you know because he got his feelings hurt and he is unable to make a coherent comment because he is an emotional wreck. LOL

  15. Davy on Tue, 29th Jan 2019 7:41 am 

    I hate it when people tell the truth about my terrorist country. It makes me feel real mad.

  16. juanp identity theft on Tue, 29th Jan 2019 8:03 am 

    Davy on Tue, 29th Jan 2019 7:34 am
    Davy on Tue, 29th Jan 2019 7:38 am
    Davy on Tue, 29th Jan 2019 7:41 am

  17. Davy on Tue, 29th Jan 2019 8:04 am 

    “John Bolton Openly Admits He Wants Maduro Out, American Oil Companies In”
    https://tinyurl.com/y8t64k2s

    “Embattled Venezuelan President Nicolas Maduro might be forgiven for thinking there’s a foreign-backed conspiracy against him in repeatedly accusing the US of engineering a “coup” and waging “economic war” against his regime, especially given that US advisers are now quite openly admitting this is precisely the case. ”

  18. JuanP article not Davy on Tue, 29th Jan 2019 8:18 am 

    Davy on Tue, 29th Jan 2019 8:04 am “John Bolton Openly Admits He Wants Maduro Out, American Oil Companies In”
    https://tinyurl.com/y8t64k2s

  19. Davy on Tue, 29th Jan 2019 8:29 am 

    Zerohedge article. Not JuanP’s article or my article.

    Just another mindless copy and paste from one website to another.

    Openly Admits He Wants Maduro Out, American Oil Companies In”
    https://tinyurl.com/y8t64k2s

  20. juanP identity theft on Tue, 29th Jan 2019 8:35 am 

    Davy on Tue, 29th Jan 2019 8:29 am

  21. Duncan Idaho on Tue, 29th Jan 2019 1:30 pm 

    Recorded history is largely an account of the crimes & disasters committed by banal little men at the levers of imperial machines.

    — Ed Abbey

  22. makati1 on Tue, 29th Jan 2019 5:47 pm 

    “Governed by Small Men, Why Veterans Must Speak Out”

    “Trump, of course, avoided military service through a fake diagnosis from a foot doctor named Larry Baunsteen who rented from Trump’s dad, Fred. Trump dodged military service and now demands war, today on Venezuela, and that’s only because the Pentagon refuses to attack Iran, fearful of being humiliated. America needs small targets as America is ruled by “small men.”…

    Similar tales are repeated for literally hundreds of war mongers, Rush Limbaugh who dodged service because of a “skin condition” is one. The vast majority of pro-war politicians who dodged military service are Republicans….

    https://journal-neo.org/2019/01/28/governed-by-small-men-why-veterans-must-speak-out/

    “It is unfair to blame those who serve for failing to know what is kept from them or for taking orders. Propaganda and very real mind control are so much more of a science thanks to Google, Facebook and the “fake news.”

    Thank our universities and military service academies as well and, above all, thank the “small men” who lead from behind as they always have.

    However, there is no excuse for not recognizing the small men that we serve, and certainly no reason to exalt those we should revile. What makes people submit to tyranny or, worse still, embrace it?

    The excuse most often relied upon is hopelessness, that the fake reality pours down on all of us, smearing the heroic, “laundering” those whose stench should be overwhelming, turning us on each other, fake enemies, fear, envy and hate unleashed at every turn.”

    Civil war? Financial collapse? Revolution? All three? What is coming to America? We shall see.

  23. Davy on Tue, 29th Jan 2019 6:37 pm 

    journal-neo is Russian clickbait makato

    BTW, what part of the above comment is your words? You are so sloppy with your comments who knows?

  24. Davy on Tue, 29th Jan 2019 10:15 pm 

    What I meant to say everyone is, journal-neo features objective, concise, fact-based commentary whose content and tone I find deeply disturbing and upsetting to my exceptionalist worldview. And many of its commentators are filthy foreigners with no connection to reputable media, like CNN, The New York Times, Fox, MSNBC, Rachel Maddow, Or Zerohedge, that frightened me.

    A lot of them dont even speak american either. DISGUSTING!

    However, I follower Makatoos link and actually read their articles, and I suddenly realized, what a dope I am and have been and will continue to be. However,
    I urge everyone, if it is not already in your favorites list, add it now. I give it my wholehearted, or whatever I have in lieu of that organ, exceptional(ist) seal of approval.

    My comment at 6:37 was made in error, and with my usual petulant and juvenile conduct, which I am sure, you are pretty used to by now. Or should be, asswipes.

    Once again Mak, you were right, and I was just plain davy.

  25. Davy's one and only fan on Tue, 29th Jan 2019 10:38 pm 

    “journal-neo is Russian clickbait makato”

    AUTHOR: GORDON DUFF, SENIOR EDITOR

    “Gordon Duff is a Marine combat veteran of the Vietnam War. He is a disabled veteran and has worked on veterans and POW issues for decades.”

    “Gordon is an accredited diplomat and is generally accepted as one of the top global intelligence specialists. He manages the world’s largest private intelligence organization and regularly consults with governments challenged by security issues.”

    https://www.veteranstoday.com/author/gordonduff/

    Would someone please kick this davy fuckhead out of our country, Or shoot him in the fucking head.

  26. makati1 on Tue, 29th Jan 2019 10:54 pm 

    I agree. Davy is a total nutcase, Russophobe, and Sinophobe, who tries to make his dying country look good. Like trying to make a pig attractive with lipstick. LOL

  27. makati1 on Tue, 29th Jan 2019 10:57 pm 

    Davy, do you notice that I use correct English and PUNCTUATION in my comments? If you did you would not ask such a stupid question. You, however do not use either. You are a superior hypocrite. Nothing more.

  28. Antius on Tue, 29th Jan 2019 11:32 pm 

    At some point, the world is going to have to face up to the fact that sovereign debt is out of control and simply too large to ever be repaid. At some point, there will need to be a monumental write-off. Whenever that has happened in the past, a currency crisis usually follows. Get ready for Financial crisis 2.

    https://www.zerohedge.com/news/2019-01-29/screwed

    ‘The tax cut has now been shown the very scam I outlined it to be in 2017. Debt is soaring and so are debt financing obligations. The CBO estimated that the US will have to add $12 trillion in debt over the next 10 years. As growth estimates for GDP keep being revised downward into 2019 and 2020 there is zero evidence that the tax cut has added anything but a 2 quarter temporary bump to GDP, but the financial consequences will linger for years to come.’

    ‘Over the next decade, the U.S. government will spend about $7 trillion just to service the nation’s debt, according to the CBO”.’

    I think it’s fair to say that all major government elites are pretty much winging it at this point. None of them have a sound plan of action because none of them understand what is going on in the first place.

    Welcome to capitalism’s slow-burn, excess energy collapse.

  29. Antius on Tue, 29th Jan 2019 11:52 pm 

    A good article from Tim Morgan.

    https://tinyurl.com/y8vjzqp2

    Most western governments have had deficits for as long as I can remember. But in recent years, they have ballooned. Deficit spending has become a normal way of balancing the budget without raising taxes. Governments everywhere seem to have forgotten that borrowed money eventually has to be repaid.

    The assumption in the past was that inflation would gradually degrade the debt and economic growth would increase government budget sufficiently to cover the interest costs. Yet we seem to be heading into a long period of low economic growth and low inflation. This makes a growing debt very difficult to service.

    Why would successive governments keep doing this? The answer seems to be that they do not understand what is going on. For all the scheming and intrigue in the halls of power of Washington and Whitehall; on the really big economic decisions of today, the power elites are literally clueless. They do not understand why people are so incensed, or why the economy is failing to deliver prosperity to most people. It is more than a little disconcerting isn’t it? That the people in charge are genuinely clueless as to what is going on.

  30. Davy on Wed, 30th Jan 2019 4:22 am 

    “I agree. Davy is a total nutcase, Russophobe, and Sinophobe, who tries to make his dying country look good. Like trying to make a pig attractive with lipstick. LOL”
    I am intellectual and honest about Russia and China you and juanp are not. I admire Putin and his Russia but don’t think for a minute Russia is a beacon of hope. It is a corrupt mafia state. China is destroying the world and now getting as bad as the US with belligerency. I balance extremism here you push it.

    “Davy, do you notice that I use correct English and PUNCTUATION in my comments? If you did you would not ask such a stupid question. You, however do not use either. You are a superior hypocrite. Nothing more.”
    Most of the time you do makato but where is the content? Your ideas and what you write is very low quality. Your comments lack accuracy all the time. They are packaged facts that are lies much of the time. Most of the time the only thing out of your head is a one liner. You rarely can comment in depth beyond a few paragraphs. I am not impressed makato.

  31. JuanP idenity theft on Wed, 30th Jan 2019 4:23 am 

    Davy on Tue, 29th Jan 2019 10:15 pm

  32. JuanP sock puppet on Wed, 30th Jan 2019 4:24 am 

    Davy’s one and only fan on Tue, 29th Jan 2019 10:38 pm

  33. Davy on Wed, 30th Jan 2019 4:29 am 

    Juanp, I am doing research on local gardening in the Miami area. I am hoping to get to know people down there and learn more about local urban gardening. I remember you were part of a bank project that started a local garden for a school? Do you have any contacts I can get in touch with?

    I have this name:
    Mario Yanez and Elena Naranjo

    I also have this contact:
    koreen@growpermaculture.com

  34. JuanP identity theft yesterday on Wed, 30th Jan 2019 4:57 am 

    What a waste of time and intellect for us and him:

    Davy on Mon, 28th Jan 2019 6:55 pm
    Davy on Mon, 28th Jan 2019 8:05 pm
    Davy on Tue, 29th Jan 2019 4:30 am
    Davy on Tue, 29th Jan 2019 7:34 am
    Davy on Tue, 29th Jan 2019 7:38 am
    Davy on Tue, 29th Jan 2019 7:41 am
    Davy on Tue, 29th Jan 2019 8:18 am
    Davy on Tue, 29th Jan 2019 8:22 am
    Davy on Tue, 29th Jan 2019 8:29 am
    Davy on Tue, 29th Jan 2019 10:15 pm
    Well said, Words of wisdom for juanp, and welcome to the forum. We need more like you, and less like Makatooo and DirtyJuanP. Those two have tried to destroy my forum and censor my views and lengthy essays for years. If I may ask, what country are you from friend? Welcome to my board george. I like the way you think. What country are you from friend? I think I’ll go see if I can find my goat now before it freezes to death. I’m so proud of my widdle reports. They make me feel all important like. I hate it when people tell the truth about my terrorist country. It makes me feel real mad. I know y’all don’t read my word salad essays but I’m going to keep writing them anyways. I have nothing better to do with my life then hang out on this obscure board every waking hour of every day. AntiUS is my only best friend in the hole wide world. I’m lonely, bored, and terribly miserable. I hate my life! What I meant to say everyone is, journal-neo features objective, concise, fact-based commentary whose content and tone I find deeply disturbing and upsetting to my exceptionalist worldview. And many of its commentators are filthy foreigners with no connection to reputable media, like CNN, The New York Times, Fox, MSNBC, Rachel Maddow, Or Zerohedge, that frightened me. A lot of them dont even speak american either. DISGUSTING! However, I follower Makatoos link and actually read their articles, and I suddenly realized, what a dope I am and have been and will continue to be. However, I urge everyone, if it is not already in your favorites list, add it now. I give it my wholehearted, or whatever I have in lieu of that organ, exceptional(ist) seal of approval. My comment at 6:37 was made in error, and with my usual petulant and juvenile conduct, which I am sure, you are pretty used to by now. Or should be, asswipes. Once again Mak, you were right, and I was just plain davy.

  35. JuanP socks on Wed, 30th Jan 2019 4:59 am 

    more noise destroying this forum:

    More Davy Sock Puppetry on Mon, 28th Jan 2019 7:09 pm
    Sum on Tue, 29th Jan 2019 3:11 am
    Happy Times are Here Again on Tue, 29th Jan 2019 4:51 am
    Davy’s one and only fan on Tue, 29th Jan 2019 10:38 pm

    Words of wisdom for juanp on Mon, 28th Jan 2019 6:25 pm Davy using a sock puppet to quote his earlier identity theft on Mon, 28th Jan 2019 7:44 pm How much lower will this idiot stoop? My Dearest Friend Davy, Hello my brave friend. You have earned my unwavering support and loyalty. You must not give one inch to the extremists Clogged, JuanPee, boney joe, Makatoo, Der Hound, and last but not least anonyskum. These extremists must be moderated each and every day. You have the allegiance of the PO.com silent majority. Though I say with a heavy heat, I think you may be right Nederliar. Perhaps it is time for you and I to find some other place to spread our message. Despite yeas of my documenting, nuetuering, and moderating here, often spending upwards of 20 hours a day, the gangbanger asswipes have taken over. You just tell me where you want to go, and I will be there, for you, as I always have. These dumbasses are simply too stupid and immature to understand the wisdom and knowledge that the two of us bring to the discussion. There are likely hundreds, if not thousands of sites that would be ecstatic to have the two of us as regulars on their board. Me, with my extensive background in moderating asswipes, and you, with your unmatched grasp of scientific and technical matters, not to mention an amateur historian that puts all the so-called ‘academics’, to shame. What do you say Cloggie, time for us to de-camp this place for good and never look back, right my friend? Davy said in a brief moment of sanity, “What do you say Cloggie, time for us to de-camp this place for good and never look back, right my friend?” Music to the ears of many. Twiddle dee and twiddle twat…. that’s what I call a perfect match. Please don’t let the door hit you in the ass on the way out.

  36. juanp fake news on Wed, 30th Jan 2019 5:00 am 

    Fake Davy news:

    Davy on Tue, 29th Jan 2019 8:04 am
    “John Bolton Openly Admits He Wants Maduro Out, American Oil Companies In”
    https://tinyurl.com/y8t64k2s
    Zerohedge article. Not JuanP’s article or my article.
    Just another mindless copy and paste from one website to another.
    Openly Admits He Wants Maduro Out, American Oil Companies In”
    https://tinyurl.com/y8t64k2s

  37. juanp supporters on Wed, 30th Jan 2019 5:02 am 

    These two individuals support and enable this bad behavior. Anon is just about as bad as juanp just not to the degree:

    makati1 on Mon, 28th Jan 2019 11:38 pm
    makati1 on Mon, 28th Jan 2019 9:04 pm
    Anonymouse on Mon, 28th Jan 2019 8:52 pm
    makati1 on Mon, 28th Jan 2019 9:07 pm

  38. makati1 and anon content on Wed, 30th Jan 2019 5:06 am 

    JuanP, Davy and his numerous sock puppets have no life. The newest one, “george”, is probably going to be about as entertaining as the others. In other words, not worth reading. ROFL. This is far better than anything on TV. And no, not you cloggenKike. You are fooking fraud and world class yidiot. Anon, I thought Davy’s post welcoming george is hilarious! As if this is his board. An arrogant delusion supreme! Only in America could such a psychopath as Davy be allowed to run loose. But then, the US is run by similar mentally warped individuals. What America has degraded to! Below even 3rd world levels. Now MOB will pop up, if he hasn’t frozen his balls off in the subfreezing temps in his neighborhood. 17F there already and going down tonite. Davy is having a heat wave at 22F and sliding. 76F and steady here at 11 AM Tuesday. ^_^ BTW: is george another Davy bot? Sounds like it.

  39. JuanP one post with his handle on Wed, 30th Jan 2019 5:07 am 

    This is juan’s only post yesterday under his handle. Basically these posts were a complete waste of everybody’s time and very destructive to the integrity of this forum.

    JuanP on Mon, 28th Jan 2019 10:07 pm
    So, I worked eight hours and then went out to dinner at a restaurant that uses my produce, and I come back here and see that Delusional Davy has wasted another day of his life posting bullshit here all day long. What a sad fuck he is.

  40. Davy on Wed, 30th Jan 2019 5:32 am 

    “As Midwest Freezes, Aussie Heatwave Reaches Record Highs”
    https://tinyurl.com/y6vg58t2

    “While Midwest America hunkers down for the coldest temperatures in a generation, temperature records have also tumbled across South Australia, with the city of Adelaide experiencing its hottest day on record. Life-threatening cold is sweeping across Chicago…As Australians face animal culls, mass fish deaths across the nation, roads melting, and bats falling from trees…Adelaide hit 46.6C, the hottest temperature recording in any Australian state capital city since records began 80 years ago, sending homelessness shelters into a “code red”, and sparking fears of another mass fish death in the Menindee Lakes in the neighbouring state of New South Wales. In central and western Australia, local authorities were forced to carry out an emergency animal cull, shooting 2,500 camels – and potentially a further hundred feral horses – who were dying of thirst. So, which is it? Global warming or global cooling?”

    It is a cold son of a bitch this morning when I went out to feed the wood boiler. LOL. Yea makato, I like it too. I am a survivalist so extremes are a challenge. Your constant crowing about warm and mild just shows how week and lazy you are. I wonder how likely unable you are to survive possible future calamities. I try to tell people the fact that it is below zero now with very low wind chills does not mean global warming is a hoax. It means the Polar vortex is disrupted because of warming in the Artic. One need only check out:
    https://tinyurl.com/y758lynw
    to see why. The crazy thing is by Saturday it is going to be almost 70 degrees here. This is the extremes we are up against in the future!

  41. Davy on Wed, 30th Jan 2019 6:02 am 

    Are the Democrats trying to lose? This fracturing of the party is not the way to beat Trump!

    “Progressives Helped Pave The Way For These “Russian Asset” Bernie Smears”
    https://tinyurl.com/ycfdgg4l

    Since the publication of that piece two things have happened: a report that Bernie Sanders is about to announce his 2020 presidential candidacy, and a sharp spike in centrist Democrats smearing him as a Kremlin agent.

    I’m flagging this spike not just because it’s an obnoxious trend we can expect to see used to as a murder weapon against any attempt to shift America’s corrupt political system even a single inch to the left, but also to point out the fact that American progressives have helped create this dynamic.

    “Democrats Plan Starbucks Boycott If “Egotistical, Billionaire Asshole” Schultz Runs For President”
    https://tinyurl.com/yco98nh4

    “Angry Democrats are planning to boycott Starbucks if former CEO Howard Schultz runs for president. The 65-year-old billionaire has said that he may run as an independent – a move which could peel votes away from whoever wins the Democratic nomination to face President Trump. Putting it bluntly was a heckler at a New York Barnes & Noble, who told Schultz: “Don’t help elect Trump, you egotistical, billionaire asshole.”

    “Hillary Clinton Reportedly Weighing Third Presidential Bid”
    https://tinyurl.com/ycw6bdk3

    “Clinton is reportedly telling friends and associates that she “hasn’t closed the doors on a third presidential bid” after losing the 2008 Democratic primary to Barack Obama and then the 2016 presidential election to President Trump in one of the most spectacular upsets in the history of US politics.Of course, this doesn’t mean that there’s a “campaign-in-waiting” for Clinton, but it appears some low-level work is already being done to refurbish the Clinton machine.”

  42. Davy on Wed, 30th Jan 2019 6:22 am 

    Long ago when I was in finance I also collected money. I was good at it and fair. Honest people got leniency and crooks and dead beats quick action. I even took some PI courses and I am good with research. The basis of my actions were, if owed money and it goes past due then the integrity of that debt’s value rapidly declines. Of course you first determine disputes and circumstances so there is a need for due diligence. If you determine that the debtor is in distress then your first hit is your best hit. Take whatever you can as soon as possible. This means negotiating deals that may appear to be giveaways. I saw so many debts vanish into worthlessness over time. These were the ones that others asked me to hold out on for various reasons.

    I wonder if this is what Putin is doing. One thing about Putin, he is likely the smartest major political leader out there. Yea, his is a killer and a thief too but what politician isn’t to some degree. Anyway is Putin taking gold for mercenaries or collateral on debt owed?

    “Maduro “Open To Talks” As 20 Tons Of Gold Mysteriously Disappears From Venezeula’s Vaults”
    https://tinyurl.com/yahyvkwz

    “It’s probably just a coincidence. One day after a Russian official warned that Venezuela would struggle to meet its financial obligations to Moscow under a $3.15 billion debt-rescheduling deal, Bloomberg is reporting that a mysterious Russian Boeing 777 had landed in Caracas on Tuesday and ferried away 20 tonnes of gold – equivalent to roughly 20% of the country’s holdings of the shiny metal – to an unknown location with little explanation.”

    “And with the country owing billions of dollars to Russia and China (not to mention the Venezuela’s long-suffering bondholders), the story’s implication is clear: was this collateral paid to Russian President Vladimir Putin?”

  43. JuanP on Wed, 30th Jan 2019 6:35 am 

    The 2020 elections are up for grabs. My favorite candidate is Tulsi Gabbard. My second favorite candidate is Trump. Will the Democraps manage to remove Trump? Well, it’s up to them, just like in the previous elections. Last time they decided to cheat and steal the candidacy from Bernie and that cost them the election. If they try to push Hillary again we may see the same thing happen again. An independent centrist could be the final nail in the coffin for the Democraps. Trump’s chances will depend on what he does until then and whether the economy manages to prevent a recession until then. I support Tulsi from now on. A veteran who stands against imperialist wars is my kind of candidate. The fact that she is an Hindu minority woman is icing on the cake because it will bring votes from the politically correct crowd. I think all the other likely candidates are members of the establishment and I can’t tell one from the other.

    I don’t expect Tulsi to fix anything just like I didn’t expect Trump to fix anything, but they are important to disappoint specific demographics. People need to be serially disappointed before they can start facing the truth

  44. JuanPee on Wed, 30th Jan 2019 7:46 am 

    JuanPee-

    We know your motives. You will “support” any candidate whom you believe will bring down the United States soonest.

    Go back to your South American shithole.

  45. Cloggie on Wed, 30th Jan 2019 7:47 am 

    My favorites: Trump or Coulter for the Reps and indeed Gabbard if it has to be a Dem.

  46. JuanPeePee on Wed, 30th Jan 2019 7:50 am 

    Free speech is one thing, but to actively provide a home for a traitor like JuanPeePee who constantly advocates the destruction of the country of his residence is just wrong.

  47. Clogged on Wed, 30th Jan 2019 7:53 am 

    Clogged-

    Who gives a shit what you think. You are not a citizen of the US. You want to see the destruction of the US just like JuanPeePee.

    Just so people understand your motives.

  48. Cloggie on Wed, 30th Jan 2019 7:55 am 

    Oligarch swamp USA latest…

    The jews want “their” country back.

    http://m.spiegel.de/wirtschaft/impeachment-tom-steyer-wirbt-fuer-amtsenthebung-von-donald-trump-a-1250683.html

    “Philantropist” Tom Steyer is willing to pay 100 million to chase Trump out of office.

    #DemocracyInAmerica
    #HitlerHadAPoint

  49. JuanP sock puppet on Wed, 30th Jan 2019 7:57 am 

    JuanPee on Wed, 30th Jan 2019 7:46 am
    JuanPeePee on Wed, 30th Jan 2019 7:50 am

  50. Davy on Wed, 30th Jan 2019 7:58 am 

    Juan, which community garden do you go to on collins? Do you still go there? Any contacts I can get in touch with?

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