  In paper I of this series on fluid turbulence we showed that exact
resummations of the perturbative theory of the structure functions of velocity
differences result in a finite (order by order) theory. These findings exclude
any known perturbative mechanism for anomalous scaling of the velocity
structure functions. In this paper we continue to build the theory of
turbulence and commence the analysis of nonperturbative effects that form the
analytic basis of anomalous scaling. Starting from the Navier-Stokes equations
(at high Reynolds number Re) we discuss the simplest examples of the appearance
of anomalous exponents in fluid mechanics. These examples are the nonlinear
(four-point) Green's function and related quantities. We show that the
renormalized perturbation theory for these functions contains ``ladder``
diagrams with (convergent!) logarithmic terms that sum up to anomalous
exponents. Using a new sum rule which is derived here we calculate the leading
anomalous exponent and show that it is critical in a sense made precise below.
This result opens up the possibility of multiscaling of the structure functions
with the outer scale of turbulence as the renormalization length. This
possibility will be discussed in detail in the concluding paper III of this
series.
