>> Todd: MIKE TOBIN SETTING THE
STAGE.
THANK YOU.
LET US BRING IN NIGEL FARAGI.
IT IS THE QUESTION, SHOULD NATO
BE DOING MORE AND IF SO, WHAT
SHOULD THEY BE DOING?
>> Nigel: AIRCRAFT, NATO HAVE
STATE OF THE ART AIRCRAFT, GREAT
SQUADRONS, WE COULD, IF WE CHOSE
GO IN AND TAKE OUT THAT K4R78,
AS WE DOES IN THE IRAQ WAR.
IT IS THERE.
IT IS A SITTING DUCK.
IT IS PERFECTLY CLEAR THE
UKRAINIAN DO NOT HAVE THE AIR
STRENGTH TO DID IT.
HERE IS THE PROBLEM, THIS IS
BIGGEST AND MOST SERIOUS CRISIS
THE WORLD HAS FACED SINCE THE
CUBAN MISSILE CRISIS 60 YEARS
AGO.
WHEN WE HAD DESTRUCTION BETWEEN
NUCLEAR POWERS, MAD, AS IT WAS
CALLED, THE POINT WAS BOTH SIDES
THOUGHT THE OTHER SIDE WAS
RATIONALE.
THE WORRY IS IF NATO GETS
INVOLVED IN OPEN WARFARE WITH
PUTIN’S NUCLEAR POWER IN RUSSIA,
HOW WILL HE RESPOND?
THAT IS WHY NATO IS DOING
NOTHING.
IT IS FEAR.
AND EMOTIONALLY, I FEEL WE
SHOULD BE DOING A LOT MORE.
I THINK THE UKRAINIAN PEOPLE,
THEIR LEADER, HAVE SHOWN
TERRIFIC BRAVERY, WAY WE TALK
ABOUT STANDING UP FOR LIBERTY,
FREEDOM, THEIR COUNTRY, THEIR
INDEPENDENCE, THERE ARE SHADES
OF WINSTON CHURCHILL IN WHAT
THEY ARE SAYING, YOUNG MEN
VOLUNTEERING, TAKING WOMEN AND
CHILDREN TO SAFETY.
IT IS ADMIR ABLG.
EMOTIONALLY, I WANT US INVOLVED,
WHEN YOU THINK ABOUT IT, IT IS
ONE HELL OF A RISK.
>> Carley: PRESIDENT BIDEN MIGHT
DISAGREE WITH YOU.
HE MADE HIS STATE OF THE UNION
ADDRESS AND TOUTED THE SANCTIONS
HE’S PUT FORWARD SO FAR.
TAKE A LISTEN.
>> President Biden: 2000 OUR
ALLIES WE ARE ENFORCING POWERFUL
ECONOMIC SANCTIONS.
WE’RE CUTTING OFF RUSSIA’S
LARGEST BANKS AND INTERNATIONAL
FINANCIAL SYSTEM PREVENTING
CENTRAL BANK FROM DEFENDING THE
RUSSIAN RUBLE.
MAKINGE PUTIN’S WAR FUND WORTHLE
>> Carley: EUROPE BUY RUSSIAN
OIL EVERYDAY AND THAT OIL IS
SOAKED IN UKRAINIAN BLOOD.
>> Nigel: BIDEN IS FOLLOWING,
NOT LEADING.
WE’VE BEEN USED TO AMERICA
TAKING THE LEAD IN INTERNATIONAL
CRISIS.
WHAT HAS HAPPENED BORIS JOHNSON
& JOHNSON, BRITAIN, FIRST TO PUT
THIS FORWARD AND THE GERMANS
CAME INTO LINE AND AMERICA
FOLLOWED, FOLLOWED ON SANCTIONS
AND AIR SPACE.
THE POINT ABOUT OIL AND GAS IS
WELL MADE.
OIL IS TRADING $110 PER BARREL
THIS MORNING.
OTHER COMMODITIES LIKE WHEAT
HAVE GONE THROUGH THE ROOF IN
PRICE AND UKRAINE IS A MAJOR
EXPORTER.
THE TRUTH IS, IF WE PUT BIG
SANCTIONS ON RUSSIAN GAS, OIL
AND WHEAT, WE ALSO PAY A PRICE
IN RETURN.
AND AT SOME POINT, WE’VE GOT TO
MAKE THE REALLY BIG DECISION,
ARE WE SERIOUS ABOUT ISOLATED
RUSSIA OR AREN’T WE?
IF WE ARE, EVERY ONE OF US WHEN
WE FILL UP OUR CAR WILL HAVE TO
PAY A PRICE FOR THAT.
>> Todd: PRICE BEING PAID.
PULLING PRODUCTS FROM RUSSIA,
THAT IS WELL AND GOOD FOR THE
COUNTRIES.
WHAT ABOUT COUNTRIES LIKE INDIA,
WHEN WILL THEY STEP UP TO THE
PLATE, NIGEL?
>> Nigel: I’M NOT SURE.
PAKISTAN APPEARS TO BE ALMOST IN
ALLIANCE WITH RUSSIA, WHICH IS
CONCERNING.
WHAT IS MORE CONCERNING IF THE
WAR IS DRIVING MOSCOW INTO THE
ARMS OF BEIJING, YOU ARE RIGHT.
HERE IS THE PROBLEM WE’VE GOT,
THROUGH GLOBALISM, WE’VE BECOME
DEPENDENT UPON EACH OTHER.
WITHOUT RUSSIAN GAS, GERMAN
INDUSTRY IS IN PROBLEMS.
INDIA, VERY POOR COUNTRY, LOW
GDP PER CAPITA, TAKING A RATHER
SELFISH POSITION.
THE TRUTH OF IT IS, WHAT PUTIN
HAS DONE IS COMPLETELY AND
UTTERLY OUTRAGEOUS.
HE IS AN INTERNATIONAL PARIAH.
THE OLIGARCHS LIVING IN LONDON
HAVE PUBLICLY TURNED AGAINST
HIM.
WE HAVE SEEN ONE MUTINY TOOK
PLACE IN THE RUSSIAN NAVY,
REPORT OF RUSSIAN SOLDIERS
BEGINNING TO GIVE UP ARMS AND I
THINK WHERE THIS LEADS TO IN THE
END IS BIG UPRISING IN RUSSIA
AND PROBABLY THE END OF PUTIN.
HERE IS THE WORRY AND I REPEAT
THIS POINT.
IF PUTIN LOST RATIONALE FUNCTION
AND WHEN YOU SEE HIM SITTING
WITH THE NEAREST PERSON 40 FEET
AWAY, YOU WONDER WHAT IS IN HIS
MIND.
WHAT COULD A WOUNDED, DYING
ANIMAL DO GIVEN THE NUCLEAR
CAPABILITY HE’S GOT.
WE’RE IN A VERY, VERY SERIOUS
POSITION.
>> Carley: WITHOUT A DOUBT, THAT