Sunday, July 30, 2017

CEO William Browder explains why repealing the Magnitsky Act is so important to Vladimir Putin.

Courtesy of the Daily Kos:

Browder: Vladimir Putin, I believe him to be the richest person in the world, I believe him to be worth 200 billion dollars. That money is held in banks all over the world, in America and all over. The purpose of Putin’s regime has been to commit terrible crimes to get that money, and he doesn’t want to lose that money by having it frozen. So he personally is at risk of the Magnitsky Act. It’s a very personal, venal issue which is why, the first reason, he’s so upset. 

The second reason is that in order to get that $200 billion, he has had to instruct people working for him—let’s say ten thousand people working for him—to do terrible things: to arrest, kidnap, torture, and kill to take people's property away. And as a result, the only way to get people to do such terrible things, is to say, if you do them, there will be no consequence. You will enjoy absolute impunity. 

As a result of the Magnitsky Act, he can no longer guarantee absolute impunity, because all-of-a-sudden, we have created consequences in the West. I would not understate the value of the Magnitsky Act in terms of the consequences, because not only does it freeze the assets that are held in America, but the moment you get put on the Magnitsky List, you get put on the OFAC Sanctions List—which is a Treasury sanctions list. No bank in the world wants to be in violation of Treasury actions. And therefore, any bank, even if it is in South Korea or Dubai, if they see somebody on the Treasury sanctions list, [they] will close their account that day. And as a result, you basically become a financial pariah, and so it’s a real consequence. 

This may be the sole reason that Putin helped Trump win this election.

While he may have wanted ALL of the sanctions lifted, this is the one that impacted his ability to accumulate obscene amounts of money most directly.

Remember THIS was the topic of that meeting between Trump Junior and that Russian lawyer, that was also attended by Paul Manafort and Jared Kushner.

Even before Vladimir Putin put his puppet in place he started pulling his strings.

But sadly there is now interference in the master plan coming from these investigations, so of course Putin, Trump, and the Republicans want them to end.


  1. Anonymous5:02 AM

    This liar and crook scam will not end pretty. The discussion about TREASON, ESPIONAGE and Liars will not stop. For many years to come the bad actors will be analyzed and shamed.

  2. Anonymous5:28 AM

    Trump is a safe man as POTUS, the minute he leaves, even though he will still have a Secret Service detail, his days of breathing air will be limited. That also includes his kids and grandkids. He dragged them all into something he cannot stop nor protect from. Russians are a barbaric when a contract is out.

    1. Anonymous7:39 AM

      The older kids are just as reprehensible as he is. The innocent ones will be the collateral damage. Sad how that works in gang wars.

  3. In many ways, the most honorable thing Dolt45* could do is to fall on his sword. Sadly, he is so narcissistic and so totally lacking in honor that he will NEVER even contemplate such a selfless act.

    1. Anonymous10:15 AM

      The blade couldn't penetrate thru all that blubber to pierce any vital organs.

  4. Anonymous8:14 AM

    OT?"The first on July 4 showed the missile had the range to reach Alaska." {much further too...}""The US needs to stop with its delusion of trying to harm us, by clearly understanding the strategic status of the DPRK which soared up as the world's nuclear and missile power, and our military and peoples' strong will to revenge our enemies to destruction,"
    ""If the US continues to frantically cling on to the so-called 'strong sanctions' and military adventures against us, we will respond with firm action of justice that we had already made clear,"

    "Diplomacy remains the lead; however, we have a responsibility to our allies and our nation to showcase our unwavering commitment while planning for the worst-case scenario. If called upon, we are ready to respond with rapid, lethal, and overwhelming force at a time and place of our choosing," Gen. Terrence J. O'Shaughnessy, Pacific Air Forces commander, said in the statement."
    "Zhang Baohui, a professor of political science at Hong Kong's Lingnan University, said Saturday's tweets from Trump show his policy on North Korea has been a failure."

  5. Anonymous11:08 AM

    I imagine that all the people in power before Putin could tell stories if they didn't fear for their lives.
    When he was rising to power people were ousted and some who would cause more problems were dead. I still feel for the guy that Putin poisoned and we watched him dying before our eyes.
    I hope that Putin gets his. Trump is certainly being protected by Limbaugh and the other mouth pieces. They are probably on Putin's payroll. Sad.

  6. Anonymous11:11 AM

    All the countries flex the military might. USA was once the strongest but our flaws can have us self destruct in a nano second. That is why so much concern about Trump.

    No one believes a chronic liar and his propaganda is weak. He has all the fake news people behind him but are their lies enough support? The USA is battling with itself and getting weaker.

    Those that study us can see us better than we can see ourselves now. That can't be good because our watchers can be more real and honest about our weak places.

    1. Anonymous1:58 AM

      "They" best study the part that the USA will serve justice. The American spirit will always succeed. Russia or any other country must understand that it is never wise to mess with the usa.

  7. Will Putin have Mueller assassinated?


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