"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "

Chinese premier Wen Jiabao 12th March 2009

""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."

Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Wednesday, March 18, 2009

Russian offensive by Obama team of old Cold war warriors

Kommersant newspaper said today that among a group of U.S. “wise men,” war criminal Henry Kissinger and James Baker, two former U.S. Secretaries of State, will fly to Moscow this weekend for talks with Russian officials after President Barack Obama pledged to “reset” relations with Russia.

Kissinger, who met with Russian President Dmitry Medvedev in December, is scheduled to arrive before the weekend, according to the U.S. Embassy in Moscow. Baker, traveling separately, will hold talks with investors and address a conference on developing Caspian Sea energy resources.

The group also includes former Secretary of State George Shultz, former Defense Secretary William Perry and ex-Senator Sam Nunn, who will see Medvedev on March 20.

Obama, who may meet Medvedev for the first time in London next month at the G 20 summit, may visit Russia in July.

The Obama administration ants (it is said) to strengthen relations with Russia and win Kremlin support for its policies (?) on Afghanistan, Iran and nuclear arms reduction. Vice President Joe Biden said in February it was time to "press the reset button" after they reached a post-Cold War low under former President George W. Bush.

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