Chart of the Day

This is from the iPhone story, but it deserves its own post:

How sanctions and oil have affected the rouble

FILED UNDER: Europe, Quick Takes, World Politics
Steven L. Taylor
About Steven L. Taylor
Steven L. Taylor is a Professor of Political Science and a College of Arts and Sciences Dean. His main areas of expertise include parties, elections, and the institutional design of democracies. His most recent book is the co-authored A Different Democracy: American Government in a 31-Country Perspective. He earned his Ph.D. from the University of Texas and his BA from the University of California, Irvine. He has been blogging since 2003 (originally at the now defunct Poliblog). Follow Steven on Twitter

Comments

  1. Thanks, Obama.

  2. OzarkHillbilly says:

    Sucks to be them, but as somebody else pointed out at the Guardian, in the end, it may well suck for us as well.

  3. C. Clavin says:

    Here’s Limbaugh mocking the sanctions:

    Cause Putin’s calling Obama a prankster with his sanctions. Obama’s gonna sanction some individual Russians, so the Russians came and said, “Okay, well, we’ll sanction you!” And they’re mocking him. Now, one thing that you have to admit: They did not laugh at George W. Bush.

    You don’t have to be stupid to be a Republican, but chances are, if you are stupid, you are a Republican.
    Sure, the collapse of the Ruble has as much or more to do with oil…but together…well you see the result.
    Mock away, Fat Rush…meep, meep.

  4. gVOR08 says:

    @C. Clavin: There were stories, who knows how credible, that Kerry met with the Saudis and cut a deal for them to maintain production. The price of oil may be a sanction. I just hope we have a plan for the end game.

  5. Tyrell says:

    @gVOR08: And there is no telling what the end game could be. Certainly we hope that there will not a repeat of past actions, where the oil companies used some phony crisis to jack up prices and gouge the people, while the government sat back trying to figure out what to do. Next time the government and people need to be ready to say no.
    The oil “crisis” of ’73: the biggest hoax ever pulled on the American people (Roswell was second)