Russian currency collapse and Trump facing jail in Georgia before parole. I.e. consequences for Putin and Trump which are irreversible
For RICO charges, which have penalities up to 20 years,. there is a minimum stay of 5 years in JAIL for those convicted, and that before parole can be considered at all. No amount of ketchup throwing by Trump at TV sets will change this. and Fani Willis has directed an August 25 deadline as to submission for arrest for D.J. Trump and 18 of Trump's allies: Finally only the PAROLE board in Georgia can grant Parole.
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"The acts identified as predicate acts or acts of racketeering activity are crimes that are alleged to have been committed in furtherance of the criminal enterprise," Willis explained. "Acts of racketeering activity are also charged as separate counts in the indictment against those who are alleged to have committed them. All elections in our nations are administered by the states which are given the responsibility of ensuring a fair process and an accurate counting of the votes. That includes elections for presidential electors, Congress, state officials and local offices. The state's role in this process is essential to the functioning of our democracy
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As i said again, no amount of Ketchup throwing at TVs by D.J. Trump will change this
The consequences for Putin are due to currency collapse equally serious\
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The Russian currency has lost nearly 40% of its value this year, weakening past 100 rubles to the dollar, as Moscow’s war in Ukraine takes a heavy toll.
The fall in the ruble’s value is one of several negative indicators for the?Russian economy, even as President Vladimir Putin insists that?Western sanctions?are having a limited effect.
The currency collapsed in the immediate aftermath of Russia’s full-scale invasion of Ukraine in February 2022, dropping as low as 136 to the dollar in March 2022. It then soared to around 50 rubles to the dollar in June last year, as oil and natural gas prices surged.
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Both Trump and Putin will have to learn the hard way that there are consequences which cannot be removed by fiat
quote
'Voluntarily surrender by noon on Aug. 25': Fani Willis demands Trump and his allies to submit for arrest
August 15, 2023, 12:07 AM ET
Fulton County District Attorney Fani Willis?told Donald Trump and others charged?that they must submit for arrest by Friday at noon.
"Subsequent to the indictment, as is the normal process in Georgia law, the grand jury issued arrest warrants for those who are charged. I am giving the defendants the opportunity to voluntarily surrender no later than noon on Friday the 25th day of Aug., 2023," she told the press late on Monday night.
After announcing the?names of those who are being indicted,?she also listed off the premise of her indictment of?the 19 individuals and 41 counts.
"Specifically, the participants in association took various actions in Georgia and elsewhere to block the counting of the votes of the presidential electors who were certified as the winners of Georgia's 2020 general election. As you examine the indictment, you will see acts that are identified as overt acts and those are that are identified as predicate acts, sometimes called acts of racketeering activity," she explained. "Overt acts are not necessarily crimes under Georgia law in isolation but are alleged to be acts taken in furtherance of the conspiracy."
She went on to say that many occurred in Georgia, while some happened in other places, but are included because they are part of the effort to overthrow the 2020 election results in Georgia.
"The acts identified as predicate acts or acts of racketeering activity are crimes that are alleged to have been committed in furtherance of the criminal enterprise," Willis explained. "Acts of racketeering activity are also charged as separate counts in the indictment against those who are alleged to have committed them. All elections in our nations are administered by the states which are given the responsibility of ensuring a fair process and an accurate counting of the votes. That includes elections for presidential electors, Congress, state officials and local offices. The state's role in this process is essential to the functioning of our democracy. Georgia, like every state, has laws that will allow those who believe the results of an election are wrong, whether because of intentional wrongdoing or unintentional error, to challenge those results in our state courts. The indictment alleges that rather than abide by Georgia's legal process for election challenges, the defendants engaged in a criminal racketeering enterprise to overturn Georgia's presidential election result."
Willis went on to say that she intends to try all 19 defendants together.
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Also as to currency collapse
quote
Russia’s ruble hits a 17-month low to the dollar as the Ukraine war bites
领英推荐
By?Hanna Ziady, CNN
Updated 8:16 AM EDT, Mon August 14, 2023
A fall in Russian exports has contributed to the ruble's weakness, according to the central bank.
Sefa Karacan/Anadolu Agency/Getty Images
LondonCNN?—?
The?ruble?hit a 17-month low against the dollar Monday, highlighting the growing squeeze on Russia’s economy from?Western sanctions?and a slump in export revenues.
The Russian currency has lost nearly 40% of its value this year, weakening past 100 rubles to the dollar, as Moscow’s war in Ukraine takes a heavy toll.
The fall in the ruble’s value is one of several negative indicators for the?Russian economy, even as President Vladimir Putin insists that?Western sanctions?are having a limited effect.
The currency collapsed in the immediate aftermath of Russia’s full-scale invasion of Ukraine in February 2022, dropping as low as 136 to the dollar in March 2022. It then soared to around 50 rubles to the dollar in June last year, as oil and natural gas prices surged.
But European economies have since weaned themselves off?Russian oil?and?gas, importing more from the United States, Canada and Norway instead.
That has strained the Russian government’s finances, which are also under pressure from a surge in spending to pay for the ongoing war.
The Kremlin has doubled its 2023 defense spending target to more than $100 billion — a third of all public expenditure — a government document reviewed by?Reuters?showed.
Western sanctions have also depressed?foreign investment in the country and knocked exports.
The drop in exports, combined with a jump in imports driven by strong domestic demand, has cheapened?the ruble further, according to Russia’s central bank governor Elvira Nabiullina.
The central bank said Monday that elevated government “demand” and high rates of lending by Russian banks had boosted overall activity in the economy, placing upward pressure on inflation and contributing to the ruble’s weakness.
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It also said it could raise interest rates soon to bring price rises under control. “The Bank of Russia admits the possibility of raising the key interest rate in coming meetings,” it said in a statement shared with CNN.
Last month, the central bank pointed to rising inflation and the weaker currency as it hiked its benchmark interest rate for the first time in more than a year, taking it to 8.5%.
After enacting an emergency hike to 20% shortly after the start of the war, policymakers?had gradually cut rates to 7.5%, putting further downward pressure on the ruble.
Maxim Oreshkin, an economic adviser to Putin, blamed the central bank for the currency’s depreciation and acknowledged that a weak ruble was bad for Russia’s economy.
“The main reason for the ruble’s weakening and inflation accelerating is loose monetary policy,” he wrote in an article for Russian state media agency TASS published Monday.
“The central bank has all the necessary tools to normalize the situation in the near future,” Oreshkin added. “A weak ruble complicates the restructuring of the economy and has a negative impact on the population’s real incomes.”
— Olesya Dmitracova, Clare Sebastian and Tim Lister contributed reporting.
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Andrew Beckwith, PhD