To the detriment of their sovereignty and their people do the Chinese, the Russians and, yes, the Germans, place their faith in “Washington’s trustworthiness.” Paul Craig Roberts offers an entirely plausible analysis for Putin’s lackluster push-back to US missile provocations. Roberts also highlights—and deciphers—the perplexing specter of the failure, the other day, of a German government bond auction. As Roberts reminds, Germany is “the only member of the EU with financial rectitude”:

“The Russian government, which prefers to use its resources for the economy rather than for the military, has decided that it has been taking too many risks in the name of peace. The day before Thanksgiving, Russian President Dmitry Medvedev said, in a televised address to the Russian people, that if Washington goes ahead with its planned missile bases surrounding Russia, Russia will respond with new nuclear missiles of its own, which will target the American bases and European capital cities.

The President of Russia said that the Russian government has asked Washington for legally binding guarantees that the American missile bases are not intended as a threat to Russia, but that Washington has refused to give such guarantees.

Medvedev’s statement is perplexing. What does he mean ‘if Washington goes ahead?’ The American missile and radar bases are already in place. Russia is already surrounded. Is Medvedev just now aware of what is already in place?

Russia’s and China’s slow response to Washington’s aggression can only be understood in the context of the two countries’ experience with communism. The sufferings of Russians and Chinese under communism was extreme, and the thinking part of those populations saw America as the ideal of political life. This delusion still controls the mentality of progressive thinkers in Russia and China. It might prove to be a disaster for Russia and China that the countries have citizens who are aligned with the US.

Belief in Washington’s trustworthiness even pervades the Russian government, which apparently, according to Medvedev’s statement, would be reassured by a ‘legally binding guarantee’ from Washington. After the massive lies told by Washington in the 21st century–’weapons of mass destruction,’ ‘al Qaeda connections,’ ‘Iranian nukes’–why would anyone put any credence in ‘a legally binding guarantee’ from Washington? The guarantee would mean nothing. How could it be enforced? Such a guarantee would simply be another deceit in Washington’s pursuit of world hegemony.

The day prior to Thanksgiving also brought another extraordinary development–the failure of a German government bond auction, an unparalleled event.

Why would Germany … not be able to sell 35 per cent of its offerings of 10-year bonds? Germany has no debt problems, and its economy is expected by EU and US authorities to bear the lion’s share of the bailout of the EU member countries that do lack financial rectitude.

I suspect that the answer to this question is that the failure of the German government’s bond auction was orchestrated by the US, by EU authorities, especially the European Central Bank, and private banks in order to punish Germany for obstructing the purchase of EU member countries’ sovereign debt by the European Central Bank.”

[SNIP]

Since the lying left-liberal media complex likes to depict Obama’s coronation as one that took place against all odds, and despite America’s racist population (a majority of which supported BHO)—consider this point made by Roberts:

No newly elected president in memory, neither John F. Kennedy nor Ronald Reagan, had the extraordinary response to his election as Barak Obama.