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Transcript：
Taking a page out of the Hitler playbook, Russian President Putin has
invaded Ukraine saying that Russian nationals are in danger in that country.
You may remember back in 1938 the Nazi leader did the exact same thing in
Czechoslovakia sending in forces to, quote, "protect Germans" who the Fuhrer
said were at risk it was a reuse. Britain and France capitulated and a year
later the World War II began.
There is no question that Putin's invasion of the Crimea is a clear
international violation. Putin is punishing Ukraine for wanting to move into
the European Union because their economy is so bad. The tyrant opposes that
. The incident is a huge embarrassment to the Obama administration which
some believe to be soft on international danger. Secretary of State Kerry
reacted this way to Putin.
(BEGIN VIDEO CLIP)
KERRY: He is not going to gain by this you know he may able to have his
troops for some period of time in the Crimea unless he resolves this but the
fact is he is going to lose on the international stage. He that may find
himself with asset freezes on Russian business. American business may pull
back there may be a further tumble of the ruble. There is a huge price to
pay.
(END VIDEO CLIP)
O'REILLY: But the only way Russia will lose is if President Obama moves
quickly to punish that nation. The way to do that is to move against Russian
banks. Last September, Senator Richard Blumenthal of Connecticut urged Mr.
Obama to slap sanctions on Russian banks because they were propping up the
Assad regime in Syria. The President did not do that and Assad is still
killing innocent people today.
But now Mr. Obama has to do it. Because that's the only way Putin will pull
back. The USA has to power, has the power to crush the Russian currency the
ruble which is already in trouble. Freezing Russian assets and boycotting
Russian banks would badly damage the Russian currency. That's the play.
Also Russia should immediately be suspended from the G8 partnership. That's
the group comprise of the USA, Britain, Canada, France, Germany, Italy,
Russia and Japan that work together for economic benefit. Tomorrow Russia
should be out unless they pull out you of Ukraine.
There are a number of other smaller things that can be done but believe me,
the bank deal would hurt Putin deeply because the Russian economy is awful.
Long past time to deal with this thug. He is a menace to the world, a killer
who could not care less about international law or human rights. We can't
fight them militarily but we can damage Russia economically.
Finally a couple of unintended consequences. Number one, there will be no
military budget cuts, President Obama has to know that now. Number two, the
Keystone Pipeline must be approved. Why? Because Russia is blackmailing
Europe over energy. Supplies a third of oil and natural gas to the EU the
more oil and natural gas the USA and Canada can produce and distribute, the
weaker Russia becomes on the world stage I fervently hope President Obama
understands that.
Finally, there is Barack Obama's legacy. Here's a satirical picture posted
on Fox Nation showing the contrasting styles of Putin and Obama. Obviously
the Russian leader sees himself as macho man. Who's going to do pretty much
what he wants. The President sees himself as a renaissance man who wants to
accommodate. But there is no accommodating Putin. And if the USA looks weak
on this one, believe me, we'll pay a heavy price. As will the President's
historical reputation. And that's "The Memo." |
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