Drudge Retort: The Other Side of the News
Saturday, September 17, 2016

Russia is bleeding cash at an alarming rate. After almost two years in recession, the country's rainy day fund has shrunk to just $32.2 billion this month, according to the Russian Finance Ministry. It was $91.7 billion in September 2014, just before oil prices started to collapse. And it's getting worse. Analysts expect the fund will shrink to just $15 billion by the end of this year and dry up completely soon after that. The slump in oil prices has hit Russia at the time it was already suffering because of economic sanctions imposed by Western countries over its role in the crisis in Ukraine.

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It's not nice to invade and take control of your neighbors. Sanctions werking. Check.

#1 | Posted by Corky at 2016-09-17 12:29 PM | Reply | Newsworthy 2

Rut roh!

There goes The Donald's sugar daddy.

#2 | Posted by donnerboy at 2016-09-17 12:42 PM | Reply | Funny: 2

Putin's not the first guy to hook up with Trump and then find himself running out of cash.

#3 | Posted by squinch at 2016-09-17 12:44 PM | Reply | Funny: 1 | Newsworthy 2

It's not nice to invade and take control of your neighbors. Sanctions werking. Check.

#1 | POSTED BY CORKY

Sanctions? They aren't working....
www.nytimes.com
nationalinterest.org

Taking credit for the collapse of oil? Thank Fracking, the one part of the Obama economy that is doing well, and he wants nothing more than to kill it ...

Putin said, however, that "the biggest harm is currently caused by the decline of the prices for energy," according to an English-language transcript published by Bild online.

If it weren't for fracking Putin would be elbows deep into Obama and his collapsing foreign policy.

#4 | Posted by AndreaMackris at 2016-09-17 01:26 PM | Reply

So you accept Putin's excuses for his failing economy and don't believe any report of good news about the American economy.

Nice work, tovarish!

#5 | Posted by rcade at 2016-09-17 01:34 PM | Reply | Newsworthy 7

The EPA's increase in MPG standards, the incredible increase in the ownership of hybrid and electric vehicles, the revolution in green technology had nothing to do with this? It's only fracking...right. Even the disappearance of the incandescent light bulb has helped to lower electicity needs, hence less oil burned. Of course fracking is a huge factor, with the added benefit of putting the coal industry out of business and making the mining of dirty shale oil less profitable, so that's good, but it's also polluting ground water and causing earthquakes, so that's bad. Last I saw, some of our ME allies have also increased production in order to lower prices to hurt ISIL financially. But just like most Rethugs Mackris wants a simple soundbite answer, when really things are much more complex, I guess that explains the rise of the Fat Donnie.

#6 | Posted by _Gunslinger_ at 2016-09-17 02:31 PM | Reply

"The slump in oil prices has hit Russia at the time it was already suffering because of economic sanctions imposed by Western countries over its role in the crisis in Ukraine.

Mackris covers her ears.

#7 | Posted by Corky at 2016-09-17 02:32 PM | Reply

Let's hope being cozy with Vlad the Financier will keep those Trump mortgages from being called...

#8 | Posted by catdog at 2016-09-17 02:34 PM | Reply

But just like most Rethugs Mackris wants a simple soundbite answer, when really things are much more complex, I guess that explains the rise of the Fat Donnie.

Like most topics, it's roses and perfection when an R is in office but doom and gloom, end of the world as we know it when it's a D in office.

It's odd how their love of country is directly related to the party in the White House.

#9 | Posted by jpw at 2016-09-17 02:59 PM | Reply | Newsworthy 1

JPW nails it with his last sentence. Their guy is running things America is cool and they are "uber patriotic". The other side is running things they are forming militias and talking about their state(s) seceding from the union. Loyalty to the country is an (R)'s biggest weakness.

#10 | Posted by aborted_monson at 2016-09-17 03:09 PM | Reply | Newsworthy 1

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Oil prices have collapsed because the Saudis wanted them to. Partly to hurt fracking and partly to hurt Iran. Iran is pumping more because Obama lifted sanctions in exchange for gutting their nuke capabilities.
Now Putin is squealing like a pig.
Obama is a genius.

#11 | Posted by bored at 2016-09-17 07:14 PM | Reply | Newsworthy 6

Israel is worried. Drumpf wins and Russia will get all the foreign and military aid they've been getting.

#12 | Posted by northguy3 at 2016-09-17 08:44 PM | Reply

NORTHGUY

If Netanyahu is wise, he'll flatter Donald more than Vladimir.

That's all it takes. Trump's ego is for sale to whoever strokes him the best.

#13 | Posted by Twinpac at 2016-09-17 10:46 PM | Reply | Newsworthy 1

OMG, something else for me to worry about.

#14 | Posted by nutcase at 2016-09-18 07:13 AM | Reply

Trump's ego is for sale to whoever strokes him the best? And with Hillary, the government of the US is for sale to whoever strokes and pays her the best.

#15 | Posted by outbacker at 2016-09-18 04:10 PM | Reply

The EPA's increase in MPG standards, the incredible increase in the ownership of hybrid and electric vehicles, the revolution in green technology had nothing to do with this?

#6 | POSTED BY _GUNSLINGER_ AT 2016-09-17 02:31 PM | FLAG:

They are not statistically significant. Not even remotely close.

There's a global energy production war taking place because of competing interests in Syria. That is the single largest factor in energy prices currently.

#16 | Posted by sitzkrieg at 2016-09-19 08:08 AM | Reply

"Out of cash? Just print more!" - Congress

#17 | Posted by MUSTANG at 2016-09-19 08:41 AM | Reply

#17, not quite, have private banks print more and charge extra for it, doubling the cost of public works projects.

#18 | Posted by nutcase at 2016-09-19 11:24 AM | Reply

Trump's ego is for sale to whoever strokes him the best? And with Hillary, the government of the US is for sale to whoever strokes and pays her the best.

#15 | POSTED BY OUTBACKER

You mean pays the Clinton foundation? The difference between Trump and Clinton even if you believe the hype: you put the money into Donald's pocket, you put the money into a foundation that saves lives in Clinton's case.

Or maybe you can explain how she makes money off her Foundation? You know, like how Donald pays himself from his campaign coffers?

#19 | Posted by Sycophant at 2016-09-19 01:58 PM | Reply

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