{"id":13432,"date":"2021-05-21T14:54:42","date_gmt":"2021-05-21T21:54:42","guid":{"rendered":"http:\/\/victorhanson.com\/wordpress\/?p=13432"},"modified":"2021-05-21T14:54:49","modified_gmt":"2021-05-21T21:54:49","slug":"biden-gives-putin-the-nord-stream-prize-and-gets-nothing-in-return","status":"publish","type":"post","link":"https:\/\/victorhanson.com\/wordpress\/biden-gives-putin-the-nord-stream-prize-and-gets-nothing-in-return\/","title":{"rendered":"Biden gives Putin the Nord Stream prize and gets nothing in return"},"content":{"rendered":"\n

An article by my Hoover colleague Dr. Paul Gregory in The Hill <\/p>\n\n\n\n

Much has been made of President Biden<\/a>\u2019s comment<\/a> that \u201cNord Stream 2 is a bad deal for Europe.\u201d Yet with the announcement<\/a> by Secretary of State Antony Blinken<\/a> that Nord Stream 2 sanctions are not in the U.S. national interest and will be waived, the Russian-financed European pipeline should glide to a speedy completion. There remains only German regulatory approval before Nord Stream 2 will become operational, unless Germany\u2019s September elections yield some major surprises.<\/p>\n\n\n\n

The Biden administration\u2019s rationale appears to be that President Trump<\/a> treated major ally Germany roughly, so we should give Germany what it wants \u2014 Nord Stream 2. Let our other European allies simmer; Trump hurt their feelings less than Germany\u2019s, so they don\u2019t count. And, besides, maybe a magnanimous gesture will bring Russia\u2019s Vladimir Putin<\/a> to a summit<\/a> with Biden that will solve the world\u2019s outstanding problems.<\/p>\n\n\n\n

Trump, the alleged pro-Russian president, fought the Nord Stream 2 pipeline throughout his presidency; in that, he, like Biden, enjoyed the strong backing of the U.S. Senate. Trump wielded sanctions to scare off Western companies involved in its construction, leaving only Russian vessels, associated Russian oligarchs and the Nord Stream parent company, headquartered in Switzerland, at risk of further sanctions. Although the Nord Stream 2 project was launched in 2016, Trump managed to stave off its completion throughout his term before handing off the battle to the Biden administration.<\/p>\n\n\n\n

Read the full article here <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

An article by my Hoover colleague Dr. Paul Gregory in The Hill Much has been made of President Biden\u2019s comment that \u201cNord Stream 2 is a bad deal for Europe.\u201d Yet with the announcement by Secretary of State Antony Blinken that Nord Stream 2 sanctions are not in the U.S. national interest and will be waived, the Russian-financed European pipeline should glide […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[1],"tags":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p466Sb-3uE","jetpack_likes_enabled":true,"jetpack-related-posts":[{"id":12917,"url":"https:\/\/victorhanson.com\/wordpress\/do-bidens-tough-new-sanctions-give-putin-nord-stream-2\/","url_meta":{"origin":13432,"position":0},"title":"Do Biden’s ‘tough new sanctions’ give Putin Nord Stream 2?","author":"victorhanson","date":"March 5, 2021","format":false,"excerpt":"An article by my Hoover colleague Dr. Paul Gregory in The Hill Western\u00a0media\u00a0is greeting the Biden administration\u2019s Russian sanctions as \u201csignaling a tougher stance on Russia than under former President Donald Trump.\u201d\u00a0Vladimir Putin\u00a0likely thinks otherwise. It looks as if the Biden administration has blinked on Putin\u2019s key foreign policy objective\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12641,"url":"https:\/\/victorhanson.com\/wordpress\/navalny-poisoning-just-a-bump-in-the-road-for-nord-stream-2\/","url_meta":{"origin":13432,"position":1},"title":"Navalny Poisoning Just A Bump In The Road For Nord Stream 2","author":"victorhanson","date":"September 25, 2020","format":false,"excerpt":"Please read this piece by my colleague Paul Roderick Gregory published\u00a0by\u00a0Forbes Trying to figure whither Nord Stream 2 (hereafter NS2) \u2013 the undersea gas pipeline from Russia to Germany \u2013 is akin to solving five complicated jigsaw puzzles at once. 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They must then either accept the new unfavorable status quo or react in a way that they would consider too risky. Putin has\u2026","rel":"","context":"In "Russia"","block_context":{"text":"Russia","link":"https:\/\/victorhanson.com\/wordpress\/ahref=\/index.php\/categories\/angry-reader\/categorylink\/a\/the-world\/europe\/russia\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11572,"url":"https:\/\/victorhanson.com\/wordpress\/putins-latest-ukraine-stunt-may-blow-up-in-his-face\/","url_meta":{"origin":13432,"position":4},"title":"Putin’s latest Ukraine stunt may blow up in his face","author":"victorhanson","date":"December 10, 2018","format":false,"excerpt":"Please read this piece by my colleague Paul Roderick Gregory in The Hill Germany postures itself as the conscience of Europe. It takes in floods of refugees and scolds those who do not. It claims to guard European unity against the nation-state and ridicules the United States for electing a\u2026","rel":"","context":"In "Vladimir Putin"","block_context":{"text":"Vladimir Putin","link":"https:\/\/victorhanson.com\/wordpress\/ahref=\/index.php\/categories\/angry-reader\/categorylink\/a\/vladimir-putin\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3912,"url":"https:\/\/victorhanson.com\/wordpress\/richard-rodriguezs-stream-of-consciousness\/","url_meta":{"origin":13432,"position":5},"title":"Richard Rodriguez’s Stream of Consciousness","author":"victorhanson","date":"August 17, 2006","format":false,"excerpt":"by Victor Davis Hanson Cato Unbound [In a current Cato Institute forum (published in\u00a0Cato Unbound), VDH was asked to reply to the lead essay\u00a0\"Mexicans in America\"\u00a0by Richard Rodriguez. What follows is VDH's reply.] Before replying to Richard Rodriquez\u2019s excurses, let me reiterate proposals advanced in\u00a0Mexifornia, a book published three years\u2026","rel":"","context":"In "August 2006"","block_context":{"text":"August 2006","link":"https:\/\/victorhanson.com\/wordpress\/ahref=\/index.php\/categories\/angry-reader\/categorylink\/a\/archives\/2006\/august-2006\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/victorhanson.com\/wordpress\/wp-json\/wp\/v2\/posts\/13432"}],"collection":[{"href":"https:\/\/victorhanson.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/victorhanson.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/victorhanson.com\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/victorhanson.com\/wordpress\/wp-json\/wp\/v2\/comments?post=13432"}],"version-history":[{"count":1,"href":"https:\/\/victorhanson.com\/wordpress\/wp-json\/wp\/v2\/posts\/13432\/revisions"}],"predecessor-version":[{"id":13433,"href":"https:\/\/victorhanson.com\/wordpress\/wp-json\/wp\/v2\/posts\/13432\/revisions\/13433"}],"wp:attachment":[{"href":"https:\/\/victorhanson.com\/wordpress\/wp-json\/wp\/v2\/media?parent=13432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/victorhanson.com\/wordpress\/wp-json\/wp\/v2\/categories?post=13432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/victorhanson.com\/wordpress\/wp-json\/wp\/v2\/tags?post=13432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}