A Quote by Jimmy Fallon
Despite Russia's move to raise interest rates this week, the value of the ruble has continued to crash. Russia's economy is so bad, Edward Snowden had to put government secrets on Craigslist.
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I had traveled to Russia and met with Snowden, which was a pretty involved meeting that required encrypted communication and the like. And it was fascinating because of who he is and what he's done. And more so because what's going on between our two countries, Russia and the U.S., and to meet Edward Snowden in Russia was unforgettable.
Edward Snowden gave a little press conference today. He is apparently seeking temporary asylum in Russia. Because, you know, when you're tired of the government snooping into everything you do, Putin's Russia is definitely the place you want to go.
To some, incredibly, Russia has become a human rights leader. Edward Snowden, the American whistleblower, has succeeded in his asylum application in Russia, and White House spokesman Jay Carney appears flummoxed and wrong-footed as the mantle of free speech and liberty appears to pass from West to East.
By sending Lenin to Russia our (German) Government had, moreover, assumed a great responsibility. From a miliaty point of view his journey was justified, for Russia had to be laid low. But our Government should have seen to it that we also were not involved in her fall. The events in Russia gave me no cause for complete satisfaction. They considerably eased the military situation, but elements of the greatest danger still remained.
If you put tariffs in place, it creates inflation. If you put inflation in place, you have to raise interest rates. You raise interest rates, and stock markets shouldn't be so high.
We live in an era where the global capital markets are the super power in the world, and when they move against you as they've moved against Russia, as we've all seen in the ruble, there's nothing that can stop that.
A higher IOER rate encourages banks to raise the interest rates they charge, putting upward pressure on market interest rates regardless of the level of reserves in the banking sector. While adjusting the IOER rate is an effective way to move market interest rates when reserves are plentiful, federal funds have generally traded below this rate.
[on Edward Snowden] He should be brought back from Russia and given due process, and I think the proper outcome would be that he would be given a death sentence.
I don`t think anybody knows it was Russia that broke into the DNC. She [Hillary Clinton] is saying Russia, Russia, Russia. Maybe it was. I mean, it could be Russia. But it could also be China. It could also be lots of other people.
We know that Russia has done things that are very much against our interests. They've done things that require us to take punitive action against Russia. That does not mean we can't work with Russia where we have a common agenda. Russia is a permanent member of the United Nations Security Council; we need their help in isolating North Korea and their nuclear weapons violations. So, we still need to work with Russia. But Russia's done things that are contrary to our national security interest, and the US must respond to those types of activities.
Let us not compare Edward Snowden's situation with that of Chelsea Manning or Jeremy Hammond, who is also imprisoned in the United States. As a result of WikiLeaks' hard work, Edward Snowden has political asylum, has travel documents, lives with his girlfriend, goes to the ballet and earns substantial speaking fees. Edward Snowden is essentially free and happy. That is no coincidence. It was my strategy to undo the chilling effect of the 35 year Manning sentence and it has worked.
What we have to be careful is that if we drop interest rates where the rate of interest is lower than inflation, then savers will not put money in financial savings and move it to gold and real estate, which is bad for India.
The sudden collapse of the monarchy that had ruled Russia for three hundred years led to chaos. Russia immediately became, as one participant put it, 'the freest country in the world.'
Patriots don't go to Russia. They don't seek asylum in Cuba. They don't seek asylum in Venezuela. They fight their cause here. Edward Snowden is a coward. He is a traitor. And he has betrayed his country. And if he wants to come home tomorrow to face the music, he can do so.
Putin is backing Assad - a person that's truly an evil person. And I think it's very bad for Russia. I think it's very bad for mankind. It's very bad for this world. And I really think that there's going to be a lot of pressure on Russia to make sure that peace happens, because, frankly, if Russia didn't go in and back this animal, you wouldn't have a problem right now. He was going to be overthrown.
I don't think anybody knows it was Russia that broke into the DNC. [Hillary Clinton] is saying Russia, Russia, Russia, but I don't - maybe it was. I mean, it could be Russia, but it could also be China. It could also be lots of other people. It also could be somebody sitting on their bed that weighs 400 pounds, OK?
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