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Robert Wenzel

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Is the United States Trying to Incite Unrest in Venezuela?

Saturday September 3, 2016

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The U.S. government is placing pressure on major banks to keep their distance from "illicit" Venezuelan financial flows, specifically identifying Petroleos de Venezuela as a problem area.

This has resulted in Citibank announcing that it will stop processing debt payments to Petroleos de Venezuela's bondholders. The bank has cited "a periodic risk-management review."

The bank told bondholders that it would end its role as Petroleos de Venezuela's  principal pay agent and suspend its processing of at least seven debt bonds, including $5 billion in debt payments due in October and November of this year.

If Petroleos de Venezuela can not find another major bank processor, the state oil firm will not be able to make its payments and all hell could break lose.
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Inside the Strange Mind of NATO's Anders Fogh Rasmussen

Friday July 11, 2014

Fogh Rasmussen2

This week, I attended a talk here in San Francisco by NATO Secretary General Anders Fogh Rasmussen, sponsored jointly by The World Affairs Council and The Commonwealth Club.

I have never heard remarks before quite like those made by Rasmussen, the former Prime Minister of Denmark.

In nearly perfect English, he called for the expanded role for NATO pretty much across the world. He said there was an "arc of crisis" around the world, from north and central Africa to Iraq and Syria. From the Baltics to the Black Sea and on the peninsula of Korea.

He stated that the answer to this global crisis was that NATO needed more ships, planes and troops on the ground. He called for all NATO countries to expand defense spending to two percent of their GDPs and said that the only NATO countries that currently spend above this level are the US, the UK, Greece and Estonia. He justified NATO, which was, of course, formed as a North Atlantic alliance, expansion into activities into the Pacific by pointing out that the NATO member, the US, has a Pacific coast line and that other NATO members have territories in the Pacific.
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In Defense of Dennis Rodman

Friday January 10, 2014

Rodman

Dennis Rodman is one strange dude.

I once visited a club he had in Chicago, during the days of the Michael Jordan led Chicago Bulls championship years. The crowd was the strangest crowd I have ever seen in my life. It looked like a convention of a secret transvestite subchapter of the Hell’s Angels.

Despite his strangeness, Rodman did have an influence on the nation by being the first to cover his body with tattoos. For whatever reason, millions have followed Rodman into getting inked-up bodies. Prior to Rodman’s tattoos, they were mostly worn just by merchant sailors — and only one, on the arm.

But Rodman, his pro basketball playing days well behind him, is now in the national spotlight for playing exhibition games in North Korea at the invitation of NK’s leader, the crazed Kim Jong-un.
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