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PoliticsThe Schaftlein Report

U.S. Reactive, not Proactive on Russian Sanctions | Schaftlein Report

U.S. Reactive, not Proactive on Russian Sanctions | Schaftlein Report
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Topics:
1) Putin sends troops into 2 Eastern Ukraine regions of occupied territory
2) Senators of both parties demand sanctions be leveled now and not wait for the remaining Invasion to other parts of Ukraine – Biden looks weak and ineffective
3) The cost of the war and cost of sanctions will be weighed next by both sides
*Oil at $94 a barrel and high gas prices basically allow Russia to finance the war with minimal additional cost
4) The Germans sanction the Nordstream Pipeline withdrawing Certification
5) Russian stock market falls 10% and the Ruble falls 3.4%
*U.S. stocks down for third straight day
6) The problem for the EU is the dependency on Russian oil and gas especially during the winter
7) Biden average approval rating hovers around 42% and disapproval 54% – Some polls numbers are lower
*Generic Ballot shows Republicans at +9, similar to previous polling results
8) The late Medina Spirit stripped of 2021 Derby win and trainer Bob Baffert suspended. Purse money awarded to 2nd place finished Mandaloun
9) Political Commentator Bob Beckel dies at 73

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