Can one imagine how difficult it was for America’s founders to actually make the decision to separate from Great Britain? England was the Motherland. The Crown was the central government. For all of their lives, the government of Great Britain was the only government they had ever known. The history of England was their history. Not only that, these men had never experienced any other system of government. Neither was there history to guide them. A monarchical form of government was all they knew. The “divine right of kings” was inculcated into their hearts and minds via virtually every established institution, including the Church, from the time they were born.
The Magna Carta had paved the highway of philosophy for the acceptance of self-government and individual liberty, but it was hardly practiced. King John signed the charter under extreme duress and then spent the rest of his reign in bloody retaliation against those who had pressed him to accept it. For over five hundred years, the Magna Carta lay as a noble idea but with little practical application. The Enlightenment philosophers wrote and theorized much about the principles contained in the Great Charter, but, again, until America’s founding generation came on the scene, nothing much of substance had been achieved. It was America’s Founding Fathers and founding generation that took the principles of the Magna Carta and the Enlightenment philosophers and actually used those principles to birth a new nation.
But how did they come to such a decision? Imagine the consternation. Imagine the inner conflicts. Communities were divided. Friends were divided. Families were divided. Brothers were divided. Parents and children and husbands and wives were divided. Yet, make the decision, they did. They pledged their lives, fortunes, and sacred honor to the cause. They obtained liberty and independence for their posterity–at great cost.
Granted, the decision to separate from the British Crown was not made overnight. Thomas Jefferson explained the process of reasoning behind the separation in the Declaration of Independence. Hear him:
“Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.–Such has been the patient sufferance of these Colonies; and such is now the necessity which constrains them to alter their former Systems of Government.”
How could Jefferson have been any clearer? He and the rest of America’s founders were convinced of “a design to reduce them under absolute Despotism.”
Noah Webster’s Dictionary Of The English Language (1828) defines “design” as verb: “To project; to form in idea, as a scheme.” And as noun: “A scheme or plan in the mind.” And, “Purpose; intention; aim; implying a scheme or plan in the mind.”
Hence, America’s founders were convinced of a scheme, a plan, and an intention in the minds of those within the British Crown to “reduce them under absolute Despotism.” Yes, friends, America’s founders were convinced there was a CONSPIRACY within the hearts and minds of the British government to enslave them. Hear Jefferson again:
“But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design…”
When abuses and usurpations which pursue invariably the “same Object” continue unabated over a long period of time, this is NOT an act of happenstance; it is by “design.” Somewhere along the line, the eyes of America’s founders were opened to the conspiracy within the British government to enslave them. Once their eyes were opened to the conspiracy, the rest, as we say, is history.
I submit that what we have in America today are basically two groups of people: those whose eyes are opened to conspiracy, and those who eyes are blind to conspiracy. This is exactly as it was in 1775 and 1776. Christian or unchurched, Republican or Democrat, conservative or liberal, if one is blind to the conspiracy to “reduce [us] under absolute Despotism,” one cannot truly comprehend the real danger or the real war.
And, sadly, it appears that most people today do NOT see the CONSPIRACY. All they see is Republican and Democrat; conservative and liberal; right and left; Christian and Muslim; religious and secular; FOX News and CNN, etc. Until Americans awaken to the same “design” that our founders awakened to, they will not be able to obtain a solution to our country’s malaise, as they are blind to the real enemy.
Mind you, not everyone in the British government in 1775 had it in mind to enslave the Colonists. Not every British soldier, not every British magistrate, not every British agent had a personal goal to enslave the colonies. They were just following orders; their eyes were blind to the plans and objects of those who were orchestrating the conspiracy. And, of course, those within the colonies who supported the British Crown were, likewise, blind to the conspiracy. Thank God, enough of our forebears were enlightened to the design of the Crown to be willing to cast it off.
I will say it plainly: there is a design (conspiracy) within Washington, D.C., and its allies to reduce us under absolute despotism.
Come on, folks, think: when has it mattered to a tinker’s dam which party controlled the White House or Congress? No matter which party is in charge, the central government in D.C. continues to get bigger and bigger and more and more oppressive. Regardless of whether the President is a Democrat or Republican, NOTHING changes in regards to America’s foreign policies or our economic policies. Regardless of party, the Council on Foreign Relations (CFR) dominates our foreign policies and the Federal Reserve Bank (FRB) dominates our economic policies. Regardless of party, an American Police State and surveillance society continue to mushroom, the Department of Homeland Security (DHS) and Internal Revenue Service (IRS) continue to exert more and more control over the American citizenry, and states and communities continue to fall under the heel of federal overreach.
Both parties in Washington, D.C., are led by warmongering zealots who use war, not only to enrich themselves, but also to carry out their preconceived plans of perpetual war for the purpose of paving the way for international bankers to control the world’s economies and for the purpose of subjecting the American citizenry to greater and greater infringements of their liberties.
In this regard, militant Islam is but a tool of the globalists. As long as Americans think that Islam is our enemy, they are blind to who the real enemy is. Our enemy is NOT Islam; our enemy is the cabal of globalists who are manipulating militant Islamists. The same people (the CFR and their fellow travelers) who took one of our strongest allies in the Middle East (Iran) and turned it into one our (supposed) greatest enemies are the same ones who are manipulating all of the wars of the Middle East, as well as bringing Russia and China to the brink of global conflict.
I submit the conspiracy of the British Crown has returned; and what used to be an indefatigable, recalcitrant, and vigilant independent republic (the United States) has become little more than a puppet of the old European monarchy. What the Crown could not accomplish through military force, it has accomplished through international banking.
The Federal Reserve wields absolute control over U.S. economic policy, and yet, no one really knows exactly who all of the members of the FRB even are. One thing is known, many (if not most) of them are NOT even U.S. citizens. Yes, ladies and gentlemen, foreign bankers have been controlling U.S. financial policy for the better part of a century.
In like fashion, the CFR virtually controls U.S. foreign policy. And the goal of the CFR is the reduction of national sovereignty and the rise of global government. Listen to Admiral Chester Ward.
Rear Admiral Chester Ward, who was the Judge Advocate General of the Navy from 1956-1960 and a former member of the CFR, but withdrew from the organization after realizing what they were all about, warned the American people about the dangers of this and similar organizations (such as the Trilateral Commission). He said, “The most powerful clique in these elitist groups have one objective in common–they want to bring about the surrender of the sovereignty and the national independence of the United States. A second clique of international members in the CFR . . . comprises the Wall Street international bankers and their key agents. Primarily, they want the world banking monopoly from whatever power ends up in the control of global government.”
Admiral Ward also said, “The main purpose of the Council on Foreign Relations is promoting the disarmament of U.S. sovereignty and national independence and submergence into an all-powerful, one world government.”
Now, observe that the administrations of both Republican and Democrat presidents are littered with CFR members. Under President George H.W. Bush, CFR members comprised 20% of his cabinet; under President Bill Clinton, CFR members comprised 34% of his cabinet; under President G.W. Bush, CFR members comprised 22% of his cabinet; and under President Barack Obama, CFR members comprise 36% of his cabinet. And these figures do not take into account how many CFR members are scattered throughout the national news media.
Can one imagine how people would react if twenty or thirty percent of a given presidential administration’s cabinet members were from, say, the Christian Coalition–or, even the ACLU. If the Christian Coalition had that many members in a presidential administration, people on the left would be screaming bloody murder. And if the ACLU had that many members in a presidential administration, people on the right would be screaming bloody murder. As it is, the CFR DOES have that many members in EVERY presidential administration and no one from the right or the left even says “boo.” It’s because they (from both left and right) are blind to the conspiracy.
These international conspirators can be found in London, Brussels, Washington, D.C., New York City, Tel Aviv, etc. In terms of U.S. foreign policy, these conspirators completely control the neocon agenda. That doesn’t mean that every politician who embraces the neocon foreign policy agenda is him or herself aware of the conspiracy. In the same way, not every federal officer within the DHS is aware of the conspiracy. Not every soldier who is fighting these perpetual wars of aggression is aware of the conspiracy. But as with many in the old British monarchy, they are the pawns of the conspirators.
George Washington, Thomas Jefferson, Sam Adams, et al., were only able to declare and fight for independence and liberty after they understood that they were dealing with “a design to reduce them under absolute Despotism.”
Until the American people, including our State legislators, governors, city mayors, councilmen, county sheriffs, district attorneys, congressmen, senators, pastors, educators, journalists, etc., awaken to the conspiracy that seeks to enslave us, we will never have the sagacity and strength of will to properly resist it. This means that many of the current battles in which good people are engaged merely play into the designs of those who seek our enslavement. We can’t win the war until we know who the real enemy is.
P.S. On Sunday, April 19 of this year, I delivered the famous sermon of Pastor Jonas Clark that was originally delivered on April 19, 1776, on the occasion of the first anniversary of the Battle of Lexington. Pastor Clark was the pastor of the men who fought that historic battle, which began America’s War for Independence. Obviously, this message was delivered just a couple of months before our Declaration of Independence was signed. I preached this message word-for-word. And I tried to deliver it with the same zeal and passion in which it was originally preached.
The vast majority of today’s Christians NEVER hear a message that remotely resembles the kind of sermons that the pastors of Colonial America delivered. And since April 19 fell on Sunday this year, I delivered Jonas Clark’s powerful message regarding the Battle of Lexington and American liberty so people could listen to the kind of preaching that Christians in Colonial America heard routinely. Pastor Clark entitled his message, “The Fate of Blood-Thirsty Oppressors and God’s Tender Care of His Distressed People.”
My delivery of this awesome message is on DVD. I offer this DVD to my readers in the hope that many of you will purchase copies of the DVD and let your friends, relatives, fellow Christians, pastor, etc., hear true Colonial American preaching. Again, this is word-for-word the message of Jonas Clark delivered on April 19, 1776, concerning the Battle of Lexington Green and America’s fight for liberty.
I have never heard anyone deliver Rev. Clark’s famous message. As far as I know, this is the only verbatim recording of this historic message in existence–preached with the same kind of passion and fervor as it was said Pastor Clark delivered it.
To order my delivery of Jonas Clark’s message, go here:
Saudi Arabia has been dominating the Middle Eastern news recently. Its bombing of the Shia Houthis in Yemen, supported by Washington, and its ambivalent stand on ISIS, concealed in Washington, should raise questions about the nature and long-term ambitions of the desert kingdom. On those key issues there is an apparent conspiracy of silence in the American mainstream media and the policy-making community.
Saudi Arabia, the most authentically Muslim country in the world, is a polity based on a set of religious, legal, and political assumptions rooted in mainstream Sunni Islam. To understand its pernicious role in the ongoing Middle Eastern crisis, and to grasp the magnitude of its ongoing threat to America’s long-term strategic interests and security, we should start with the early history of that strange and unpleasant place.
MUHAMMAD IBN ABD AL-WAHHAB was born in central Arabia over three centuries ago, but his legacy is alive and well. Wahhab was a zealous Muslim revivalist who lived in the period of the Ottoman Empire’s early decline. He felt that Islam in general, and Arabia in particular, needed to be spiritually and literally re-purified and returned to the true tenets of the faith. Like Islam’s prophet he married a wealthy woman much older than himself, whose inheritance enabled him to engage in theological and political pursuits. His Sharia training, combined with a brief encounter with suffism – which he rejected – produced a powerful mix. From the suffis he took the concept of a fraternal religious order, but rejected initiation rituals and music in any form. He also condemned the decorations of mosques, however non-representational, and sinful frivolities such as smoking tobacco. This Muslim anabaptist rejected veneration of saints and sites and objects connected with them, and gave rise to a movement that sees itself as the guardian of true Islamic values. His ideas were espoused in the Book of Unity which gave rise to the name of the movement, al-Muwahhidun, or Unitarians.
By the middle of the 18th century Wahhab, like Muhammad eleven centuries earlier, found a politically powerful backer for his cause. In 1744 he struck a partnership with Muhammad ibn-Saud, leader of a powerful clan in central Arabia, and moved to his “capital,” the semi-nomadic settlement of ad-Dir’yah (Riyadh). Since that time the fortunes of the Wahhabis and the Ibn Said family have been intertwined. Under ibn-Saud’s successor Abdul-Aziz, the Wahhabis struck out of their desert base at Najd with the fury unseen in a millennium. In what looked for a while like the repetition of Muhammad’s and the Four Caliphs’ phenomenal early success a millennium earlier, they temporarily captured Mecca and Medina, marched into Mesopotamia – forcing the Ottoman governor to negotiate humiliating terms – and invaded Syria.
This was an unacceptable challenge to the Sultan, the heir to the caliphate and “protector of the holy places.” In 1811 he obtained the agreement of Ali Pasha, Egypt’s de facto autonomous ruler following Napoleon’s withdrawal, to launch a campaign against the Wahhabis. After seven years they were routed. Later in the century, however, the sect revived under Faysal to provide the focus of Arab resistance to the Ottoman Empire, which they considered degenerate and corrupt.
In 1902 a daring and bellicose prince of the ibn-Saud family, named after Abdul-Aziz “the warrior,” returned from exile with 40 horsemen and took control of Riyadh. He exploited the terminal weakness of the Ottoman Empire, soon to be embroiled in revolution and beset by external threats to its crumbling empire in the Balkans and Libya. Fired by the spirit of Wahhabism, Abdul Aziz embarked on a campaign to recover control over the whole of Arabia. In 1912 the Wahhabi revival prompted the founding of a religious settlement at Artawiyah, 300 miles north of Riyadh, under the auspices of theIkhwan, the Brotherhood. This was a stern Arabian variety of Plymouth, a Muslim New Jerusalem in which people were dragged from their homes and whipped for failing to attend Friday prayers.
IN THE CHAOTIC YEARS after the demise of the Ottoman Empire the Ikhwan proved to be an able and fanatical fighting force, securing victory for Ibn Saud, their leader and the founder of the present royal dynasty. In 1925 they carried out Ibn Saud’s order that all revered burial sites in Mecca and Medina be destroyed, including the “heavenly orchard” in Medina, where relatives and many early companions of Muhammad were buried. In 1926 they proclaimed Abdul-Aziz the King of Hejaz. Within a decade he had united the rest of Arabia and imposed the Wahhabist view of the world, man, law, and Allah, on most of the peninsula.
It is incorrect to say that the Wahhabi movement is to Islam what Puritanism is to Christianity, however. While Puritans could be regarded as Christianity’s Islamicists sui generis with their desire to turn Christianity into a druly scriptural, literalist theocracy, Wahhabism is unmistakably “mainstream” in its demand for the return to the original glory of the early Islamic Ummah. Their iconoclastic zeal notwithstanding, the Wahhabis were no more extreme or violent than the models for Islam – the “prophet” and his companions – have been in all ages and to this day.
THE HEIRS OF ABDUL WAHHAB are still heading the Saudi religious establishment. They resisted the introduction of “heathen” contraptions such as radio, cars, and television, and relented only when the King promised to use those suspect mediums to promote the faith. They stopped the importation of all alcohol, previously sold to foreigners (1952), and banned women driving motor vehicles (1957). The Kuran and Sunna are formally the country’s constitution and the source of its legal code. The original sources of Islamic orthodoxy – the Kuran and Hadith – provide ample and detailed evidence that Saudi Arabia is as close as we can get to an Islamic state and society. The State Department report on human rights in the Kingdom of Saudi Arabia published 15 years ago offers an accurate glimpse of that vision in action:
Freedom of religion does not exist. Islam is the official religion and all citizens must be Muslims. Neither the Government nor society in general accepts the concepts of separation of religion and state, and such separation does not exist. Under Shari’a conversion by a Muslim to another religion is considered apostasy. Public apostasy is a crime punishable by death -if the accused does not recant. Islamic religious education is mandatory in public schools at all levels. All children receive religious instruction… Citizens do not have the right to change their government. The Council of Senior Islamic Scholars… reviews the Government’s public policies for compliance with Shari’a. The Government [views] Islamic law as the only necessary guide to protect human rights. There is legal and systemic discrimination based on sex and religion.
Nothing has changed since: the Kingdom of Saudi Arabia is the most intolerant Islamic regime in the world. While the Saudis continue to build mosques all over the world, tens of thousands of Christians among the millions of foreign workers from Asia, Europe and America must worship in secret, if at all. They are arrested, lashed or deported for public display of their beliefs. The Saudi religious police, known as the Committee to Promote Virtue and Prevent Vice, continues to routinely intimidate, abuse, and detain citizens and foreigners. In 2002 they pushed girls escaping from burning school buildings back into the inferno and certain death because they did not have their heads properly covered. Its detainees are routinely subjected to beatings, sleep deprivation and torture. Punishments include flogging, amputation, and public execution by beheading, stoning, or firing squad – over 50 were performed so far this year.
Women are second class citizens: according to the CIA world factbook, 82.2% of females are literate, in comparison to 90.8% literacy rates in males. The testimony of one man equals that of two women, and female parties to court proceedings must deputize male relatives to speak on their behalf. Women are not admitted to a hospital for medical treatment (often for wounds resulting from domestic violence) without the consent of a male relative. In public a woman is expected to wear an abaya (a black garment that covers the entire body) and to cover her head and face. Daughters receive half the inheritance awarded to their brothers. Women must demonstrate Sharia-specified grounds for divorce, but men may divorce them without giving any cause. In addition women must not drive cars, must not be driven except by an employee, or husband, or a close relative, and even then must not occupy the front seat. Women may study abroad if accompanied by a spouse or an immediate male relative. Women may own a businesses, but they must deputize a male relative to represent it.
Political detainees commonly are held incommunicado in special prisons during the initial phase of an investigation, which may last weeks or months, without access to lawyers. Defendants usually appear without an attorney before a judge, who determines guilt or innocence in accordance with Shari’a standards. Most trials are closed, and crimes against Muslims receive harsher penalties than those against non-Muslims. A sentence may be changed at any stage of review, except for punishments stipulated by the Koran.
The only expanding industry in Saudi Arabia is that of Islamic obscurantism. Some examples are grotesque: in 1966 the Vice-President of the Islamic University of Medina complained that Copernican theory was being taught at Riyadh University; it has been banned ever since. Three hundred years after the Christian theologians had to concede that the Earth went around the Sun, the geocentric theory was reaffirmed in the centers of Saudi learning. Segregation of the sexes at schools is set at age nine, which is the age for girls to start to wear the veil.
The opinions of the ullema are the only internal check and balance on the ruling family. Five Saudi Islamic universities produce thousands of clerics, many more than will ever be hired to work in the country’s mosques. Thousands end up spreading and promoting Wahhabism abroad. The King of the Saudis remains their Imam. He and the Wahhabi religious establishment see it as their sacred duty and purpose to evangelize the world. The petro-dollar windfall has paid for the construction of some ten thousand mosques and “Islamic centers” in the United States and other parts of the world. All along, needless to say, no churches (let alone synagogues) can be built in Saudi Arabia, and all non-Muslim religious practice is strictly forbidden.
That notorious time of the year is upon us again; the income tax deadline. It is an affected date because the tax system tells it is so. The torment and extortion of organized theft goes on all year long, but April 15 has a special place in the gut of every victim of larceny by government. Oh sure, paying taxes is supposed to be the price of maintaining civilization, but when was the last time that government protected , much less promoted, the mythical “Good Society”. The notion that paying tribute to a federal self ordained authority as a duty is only accepted by delusional proponents of a fantasy existence of welfare recipient beneficiaries.
For the productive wealth creators, the government pensioners aid and abet the tax distribution scheme that extracts revenue from the private sectors and rewards public scavengers. This entire arrangement is based upon fear. The axiom is that your money is not your own and that tax rates run on an arbitrary scale and deductions are granted to privileged sympathizers.
If you buck the tax swindle, folks expect to be harassed and targeted. However, when law abiding citizens become the focus of financial molestation, the checks and balances in the legal adjudication, hypothetically should grant relief. The manner by which Tea Party groups were persecuted by the IRS division under the direction of Lois Lerner reach new heights of bureaucratic tyranny.
With the announcement that DOJ Will Not Prosecute IRS’s Lois Lerner for Contempt of Congress, righteous outrage builds among the remnant of justice seeking organizations.
“The American Center for Law and Justice has represented dozens of the conservative groups targeted by the IRS. It says the decision not to prosecute Lerner “is troubling but not surprising.”
“This latest development reflects what has become standard operating procedure for the Obama Administration in its so-called investigation of this unlawful targeting scheme by the IRS. One year ago, the Justice Department refused to appoint a special prosecutor to investigate the unconstitutional actions of Lerner and others at the IRS.
“Now, by refusing to pursue criminal contempt charges against Lerner…the Justice Department is making a mockery of our criminal justice system. This is just one more example of an administration that refuses to hold anyone accountable for a scheme that unlawfully targeted conservative groups.”
Read the conclusion in the full letter from the Department of Justice letter to John Boehner, Speaker of the House, from Ronald C. Machen Jr.
We wish to assure you that the Department of Justice does not question the authority of Congress “to summon witnesses before either House or before their committees,” or “to pass laws ‘necessary and proper’ to carry into effect its power to get testimony.” See Adams v. Maryland, 347 U.S. 179, 183 (1954) (citing U.S. Const. art. I, $ 8). Thus, in appropriate circumstances, a United States Attomey’s Office will refer to a grand jury under Section 192 witnesses who contumaciously withhold testimony or other information that Congress has legitimately sought to compel in the exercise of its legislative or oversight responsibilities. Because, however, the authority of any branch of the United States government to compel witness testimony is limited by the protections of the Constitution, and Ms. Lerner did not waive those protections in this matter, the United States Attorney’s Office will not bring the instant contempt citation before a grand jury.
Robert W. Wood over at Forbes, provides invaluable background in, No Criminal Charges For Lois Lerner Of IRS, Keeps Bonuses, Nice Retirement.
“There is considerable back story. Ms. Lerner and Justice Department officials met in 2010 about going after conservative organizations after the Supreme Court’s Citizens United case. In August 2010, the IRS distributed a ‘be on the lookout’ list for Tea Party organizations. By March 2012, amid reports of targeting, former IRS Commissioner Doug Shulman testified there is “absolutely no targeting” by the IRS.
On November 9, 2012, Mr. Shulman stepped down, replaced by Steven Miller. On May 10, 2013, Ms. Lerner admitted targeting, calling it “absolutely incorrect, insensitive, and inappropriate.” Four days later, on May 14, 2013, the Inspector General issued a report confirming targeting. Attorney General Eric Holder announced an FBI investigation, and Acting IRS Commissioner Steven Miller resigned.
On May 22, 2013, Ms. Lerner professed her innocence, then took the Fifth. Next day, she was placed on administrative leave. On September 24, 2013, Ms. Lerner’s retirement was announced with full pension. President Obama said there is “not a smidgen of corruption” at the IRS, but the Committee on House Oversight and Reform issues a report on Lois Lerner.”
The substantiation and source evidence within this chronicle of corruption should alarm all Americans. Especially if the arguments and historic accounts in the essay, Proof that Paying Federal Income Tax is Voluntary, are operationally sound. Nonetheless, the punitive powers of autocratic administration operate under their own selective rulings, applying penalties to any group or individual who threatens the Federal Hydra Dragon.
The pattern of protective cover for arrogant and vicious operatives from the politicization of an IRS goon squad to destroy the Tea Party is undeniable. Jim Kouri writes in the article Sens. McCain and Levin urged IRS to target Tea Party, conservative groups, that a compelling reason for the protective status for Lerner came from familiar political crooks.
“Government documents obtained by a top “Inside the Beltway” watchdog group and released on Thursday reveal that Internal Revenue Service’s Lois Lerner was strongly urged by Sen. Carl Levin, D-Michigan, and Sen. John McCain, R-Arizona, her assistance in attacking certain non-profit political groups. The organizations they selected for targeting by Lerner were part of the Tea Party and conservative movements.”
When Senators undermine the legitimate investigatory efforts of a House committee, the prospects for confidence in tax compliance is demolished. Few people expect the Department of Injustice to hold corrupt officials accountable. But when the Statists within Congress act as co-conspirators to block honest government, all the public suffers.
Apologists for the IRS exaction machine are tapping taxpayers for record amounts. First Time Ever: Federal Tax Revenues Top $1 Trillion Thru January; Gov’t Still Runs $194B Deficit.
“For the first time ever, real federal tax revenues topped $1 trillion in the first four months of the fiscal year–October through January–according to data released Wednesday by the U.S Treasury.
Federal tax revenues hit a record $1,046,224,000,000 for fiscal year 2015 through January, according to the Monthly Treasury Statement, but the federal government still ran a $194,209,000,000 deficit during that time.”
In spite of the record flow of cash into government coffers, the culture of deficit spending still continues. Bleeding the public while paying the pension of the likes of Lois Lerner epitomizes the mental illness that is the crux conduct of the tax collection force.
When Eric Holder’s shysters tweet their perversion of the law, anyone even remotely concerned about defending a constitutional framework are demeaned. DOJ acted as a prosecutor of the House, while giving a pass to the governance agent doing the dirty work for the establishment.
The WSJ reports on a reaction to the announcement, Lois Lerner Won’t Be Prosecuted on Contempt of Congress Charges.
“Once again, the Obama administration has tried to sweep IRS targeting of taxpayers for their political beliefs under the rug,” said Boehner spokesman Michael Steel. “But unaccountable federal bureaucrats using their power to attack the First Amendment strikes at the heart of our democracy, and the American people deserve the truth.”
As the flood of 1040 returns hit the processing facilities of the IRS, make April 15th a day of disgust, symbolic of the Lois Lerner retirement contribution fund. Deplorably, the rule of law has been relegated to the safekeeping of the most corrupt Attorney General in memory. By comparison, John Mitchell was an angel when stacked up to the careerist criminal Eric Holder.
The image of illegal defiance from Lois Lerner should invoke Congressional outrage to purge the Fifth Column traitors that make a vocation of persecuting Middle America, while maintaining a bipartisan alliance to destroy entirely all constitutional restraints.
Calls to abolish the IRS and replace revenue collection with a flat or consumption tax requires a ground swell to jump start a national movement. However, the likelihood that an additional VAT tax will be imposed before any actual remedy would be enacted is more probable.
Lois Lerner is the embodiment of all that is wrong with the tax shakedown racket. Funding of limited legitimate government expenditures must start with breaking the corrosive culture of bureaucratic benefits and retirement rewards. Maintaining employment and promoting the vile LL character model, dooms the system to continuous despotism.
In an Obamacare world of further scrutiny, the IRS will become even more selective with their targeting. It is not about collecting revenue, it is all about punishment and retribution to anyone resistant to Federal mandates. As long as the likes of Lerner and Holder escape accountability, the system will sink even lower into the abyss.
“The interventions of US imperialism, with the direct collaboration of the Saudi monarchy, have plunged the entire Middle East into chaos and bloodshed—from the destruction of Iraq, to the transformation of Libya into a militia-ravaged “failed state,” to the ongoing carnage inflicted upon Syria … This predatory imperialist offensive threatens to ignite a region-wide conflagration, even as Washington deliberately ratchets up military tensions with both Russia and China. The threat of these separate conflicts coalescing into a third world war grows by the day.”
— Bill Van Auken, Obama’s criminal war against Yemen, WSWS
“Will the reactionary rulers of Saudi Arabia manage to break the legitimate hopes and enthusiastic dreams burning in the hearts of thousands of young people of the Arabian Peninsula? Never!”
— Gamal Abd al-Nasser, President of Egypt 1956 to 1970
In its ongoing effort to prevent the rise of “any popularly supported government in the region”, the US has joined Saudi Arabia’s savage war of annihilation against Yemen’s northern tribal rebels, the Houthis. The Pentagon has expedited the delivery of bombs, ammunition and guidance systems to assist the Saudi-led campaign and is providing logistical support to maximize the impact of its bombing raids. The US has also set up a “joint fusion center”, provided “aerial re-fueling platforms” and “advanced US-made weaponry” with the explicit intention of suppressing a militant group that overthrew the US-backed puppet government in the capital of Sanaa in the fall of 2014. The level of coordination between the makeshift Arab coalition (The Gulf Cooperation Council or GCC) and the US suggests that Washington is not only fully aware that food depots, water facilities, refugee camps and critical civilian infrastructure are being deliberately targeted and destroyed, but that the White House has given the green light to actions that will inevitably lead to widespread famine and social collapse. Here’s a little background from an article in The National:
“Yemen Economic Corporation, one of Yemen’s largest food storage centres, was destroyed by three coalition missile strikes in Hodeidah last Tuesday, according to the Houthi-controlled defence ministry. The corporation had enough food for the entire country. The government’s military food storage centre in Hodeidah was also targeted and destroyed on Tuesday, according to the defence ministry.
Also in Hodeidah, country’s second largest dairy plant was hit by five Saudi missiles on Wednesday, killing at least 29 people, mostly employees, and injuring dozens of others.” (Yemeni civilians struggle to get by amid conflict, The National)
This is from Channel News Asia:
DUBAI: Warships from the Saudi-led coalition have blocked a vessel carrying more than 47,000 tonnes of wheat from entering a Yemeni port, demanding United Nations guarantees that the cargo would not go to military personnel, shipping sources said on Thursday.” (Saudi-led coalition bars wheat ship from entering Yemen port – sources, Channel News Asia)
This is from WSWS:
“Airstrikes as well as fighting on the ground has knocked out electrical infrastructure, cutting off power in many urban areas and stopping the operation of crucial pumps that supply Yemen’s cities with drinking water. “We’re worried that this system will break down shortly; Aden is a dry, hot place, and without water people will really suffer,” UNICEF representative Harneis told reporters…
The no-fly zone and blockade enforced by Saudi Arabia and its coalition partners has effectively blocked the delivery of medical aid and supplies for the last two weeks, exacerbating the developing crisis.” WSWS
Live reports on the ground confirm that food depots have been bombed across the country; ” in Asr (west) hit as well as Urdhi complex (center) & Noqum (east).
This is how America fights its wars, by precipitating massive humanitarian crises that help it to achieve its political objectives. If that isn’t terrorism, then what is?
Here’s more from the Washington Post:
“As tons of desperately needed medical supplies await clearance to be flown into Yemen, aid workers warned Tuesday of an unfolding humanitarian crisis, saying at least 560 people, including dozens of children, have been killed, mostly in a Saudi-led air campaign and battles between Shiite rebels and forces loyal to the embattled president. More than 1,700 people have been wounded and another 100,000 have fled their homes as fighting intensified over the past three weeks, the World Health Organization said.” (560 dead amid fears of humanitarian collapse in Yemen, Washington Post)
The Saudis launched this latest aggression invoking the thinnest of pretexts, that it wanted to “restore the legitimate government” and protect the “Yemeni constitution and elections.” As CNN’s Ali Alahmed sardonically quipped:
“The need to protect constitutions and elections is a rather strange message from the representative of an absolute monarchy … The kingdom’s real motives seem clear if one looks at Saudi monarchy’s history of not allowing regional competition of any kind, while consistently combating efforts to build democratic governments that empower the people…
The Saudi goal is simple: Prevent the rise of any popularly supported government in the region that seeks self-determination. And the excuse of “resisting Iran’s influence,” meanwhile, appears to be nothing but sectarian bluster.” (What Saudi Arabia wants in Yemen, CNN)
While we agree with Alahmed’s basic thesis, we think the rule applies more to the United States than Saudi Arabia. After all, it’s the US that has gone from one country to the next, toppling governments, installing puppets, and spreading anarchy wherever it goes. Whatever role the Saudis might have played in Washington’s grand plan to redraw the map of the Middle East and project US tentacles into Eurasia, it is quite small by comparison. It’s the US that refuses to allow an independent government to emerge in a region that it’s committed to control. And it’s the US that is facilitating the attacks on innocent Yemenis by providing the bombs, weaponry and logistical support to the reactionary Saudi leadership. Check this out from Gregory Johnson at Buzzfeed:
“A consensus appears to be building in Riyadh, Cairo, and Islamabad toward inserting ground troops into the conflict in Yemen. One Egyptian military official told BuzzFeed News the decision had already been made. “Ground forces will enter the war,” the official said on condition of anonymity in order to discuss classified military operations.
The timing of such a move, which would be a significant escalation in the Saudi-led air campaign in Yemen, is still being discussed. But the Egyptian military source said it could happen as soon as “two or three days.” (Ground Forces Seen Joining Bloody War In Yemen, Buzzfeed)
So after two weeks of nonstop bombing, the coalition is now planning to intensify the conflict by putting boots on the ground. But that will only prolong the hostilities and plunge the country deeper into crisis. It will also increase the risk of Houthi retaliation, which appears to already be taking place. According to Al Arabiya English, fighting broke out in the Southern Saudi city of Narjan on April 11. (#BREAKING Asiri: Houthi militias are amassing close to the Saudi-Yemeni border… #BREAKING: Asiri: clashes reported near the Saudi city of Najran)
While no one expects the Houthis to invade their northern neighbor, there are some analysts who think the monarchy has taken on more than it can chew and will eventually suffer blowback from its incursion. One such critic is Sayed Hassan Nasrallah, Secretary General of the Lebanese paramilitary organization Hezbollah. In a recent interview, Nasrallah suggested that the Houthis have the means to curtail vital energy supplies, strike a blow against Saudi Arabia, and send financial markets tumbling at the same time. Here’s an excerpt from the interview:
“There is now a demand on the Yemeni leaders… who have not taken the decision to close (the strategic Strait) of Bab al-Mandeb, which they could do at any time. (It is only 20 kilometres-large, they are quite capable of it.) And they could also hit targets inside Saudi Arabia with missiles, or even enter the interior of Saudi Arabia, although they have not yet made this decision, so far … There is currently a Yemeni popular demand: “Let us go to Saudi Arabia.” Leadership thus far has not taken such a decision. I wanted to indicate this.”…
Nasrallah again: “I am absolutely certain that Saudi Arabia will undergo a major defeat. And its defeat will impact its internal situation, the royal family … and the entire region.” (“Hassan Nasrallah: The war in Yemen announces the end of the House of Saud”, The Vineyard of the Saker)
So the Houthis could close the Bab Al Mandeb straits and prevent millions of barrels of oil from getting to market? That changes the calculus entirely. How would that effect Washington’s plan to crash Russia’s economy with plunging oil prices? How would it impact global stock markets which are already jittery over the Fed’s projected rate hikes? What effect would it have on al Nusra, ISIS and other Al Qaeda-linked groups that would then seek to launch similar attacks against critical energy infrastructure as the best way to achieve their aims?
There are things the Houthis can do to discourage Saudi aggression. They can take matters into their own hands and strike where it hurts most. Washington is so convinced of its own invincibility, that no one has even thought of this. Without the slightest hesitation, the Obama troupe has embroiled a key ally in bloody conflagration that could backfire and seriously undermine US interests in the region. Saudi Arabia is the cornerstone of US power in the Middle East, but it is also its Achilles heel. By supporting the attack on the Houthis instead of seeking a political solution, Washington has strengthened Al Qaeda on the Arabian Peninsula (AQAP) which poses the greatest single threat to the monarchy. As Nasrallah notes: “they (the US and SA) protect Al Qaeda and Daesh in Yemen, and more, they drop them weapons by air. This is an achievement? This goes against the interests of Saudi Arabia.”
Indeed, it does. Al Qaeda has much greater ability to infiltrate Saudi Arabia and either launch terrorist attacks or foment popular revolution. The Houthis present no such security threat, they’re only interest is to maintain their own sovereignty, borders, and independent foreign policy. A 2003 article in the Atlantic by CIA Bureau Chief Robert Baer titled “The Fall of the House of Saud” provides a window into Riyadh’s vulnerabilities and draws the ominous conclusion that the kingdom’s days are numbered. Here’s a clip from the article:
“Saudi oil is controlled by an increasingly bankrupt, criminal, dysfunctional, and out-of-touch royal family that is hated by the people it rules and by the nations that surround its kingdom…
Signs of impending disaster are everywhere, but the House of Saud has chosen to pray that the moment of reckoning will not come soon—and the United States has chosen to look away. So nothing changes: the royal family continues to exhaust the Saudi treasury, buying more and more arms and funneling more and more “charity” money to the jihadists, all in a desperate and self-destructive effort to protect itself.
The most vulnerable point and the most spectacular target in the Saudi oil system is the Abqaiq complex—the world’s largest oil-processing facility, which sits about twenty-four miles inland from the northern end of the Gulf of Bahrain. All petroleum originating in the south is pumped to Abqaiq for processing. For the first two months after a moderate to severe attack on Abqaiq, production there would slow from an average of 6.8 million barrels a day to one million barrels, a loss equivalent to one third of America’s daily consumption of crude oil. For seven months following the attack, daily production would remain as much as four million barrels below normal—a reduction roughly equal to what all of the opec partners were able to effect during their 1973 embargo…
I served for twenty-one years with the CIA’s Directorate of Operations in the Middle East, and during all my years there I accepted on faith my government’s easy assumption that the money the House of Saud was dumping into weaponry and national security meant that the family’s armed forces and bodyguards could keep its members—and their oil—safe … I no longer believe this … sometime soon, one way or another, the House of Saud is coming down.” (The Fall of the House of Saud, Robert Baer, The Atlantic)
Neither the United States nor Saudi Arabia have any right to interfere in Yemen’s internal affairs or to install their own political puppets to head the government. That is the right of the Yemeni people. And while the current process of regime change might be messy and violent, the Houthi rebels better represent the interests of the indigenous population than anyone in Riyadh or Washington. The Saudi-US war is merely aimed at controlling the outcome so Yemen remains within the imperial grip. As Nasrallah says, “The real goal of the war is to retain control and domination of Yemen (but) the Yemeni people will not put up with this aggression and humiliation. They will fight to defend their dignity, their existence, their families, and their territory. And they will be victorious.”
The first two months of 2015 have seen turmoil in the currency markets extend from Russia and Ukraine to the heart of Europe.
“Central Banks Now Open 24/7 Fighting Currency Wars and Deflation,” blared a February 12th Bloomberg headline. Against this backdrop, precious metals have been on the rise in terms of all currencies except the Swiss franc and the U.S dollar.
In January, the Swiss National Bank shocked markets by announcing that it would de-link its currency from the euro. The move came one week ahead of the European Central Bank’s $1.1 trillion Quantitative Easing announcement. Swiss officials decided it would be too costly to keep accumulating depreciating euros in order to maintain the currency peg. The Swiss franc surged by the most ever in a single day.
With the exception of Switzerland, all other countries in Europe (and many others around the world) are trying to depreciate their currencies.
Since January 1, the following central banks have announced interest rate cuts or other monetary easing measures: European Central Bank, Reserve Bank of Australia, Reserve Bank of New Zealand, Monetary Authority of Singapore, and the central banks of India, Canada, Denmark, and Sweden.
On February 12th, the Swedish Riksbank announced a surprise rate cut from 0% to below 0%. “To ensure that inflation rises towards the target, the Riksbank is prepared to quickly make monetary policy more expansionary, even between the ordinary monetary policy meetings,” the world’s oldest central bank said in a statement.
Sweden joins the European Central Bank and the central banks of a handful of other countries in pushing benchmark interest rates into negative territory. These central bankers are all aiming to revive inflation. “Investors” who are buying bonds yielding less than nothing (a negative rate) are apparently convinced that central bankers won’t succeed in depreciating their currencies.
Insanity! Investors Now Paying for the “Privilege” of Lending to Broke Governments
This could go down as one of the oddest, most irrational asset bubbles in history. Trillions of dollars are now tied up in debt instruments that promise to return less than the invested principal. According to a report issued by J.P. Morgan, $3.6 trillion in government bonds around the world now carry negative yields.
It raises the obvious question; why would so many people be willing to accept a negative rate of return?
You’d think that institutional investors would start getting wise to holding gold as a hard-currency alternative to cash instruments that yield less than zero. The fact that gold has no interest rate is actually an advantage in an environment where competing rates are negative! Plus, unlike most of the bonds issued in this upside-down interest rate market, gold has significant appreciation potential.
If inflation rises even modestly to the 2% target of European and U.S. central bankers, then bonds issued at rates of below 2% will all be losers. The two-year Treasury note yields only 0.63%. Even the recent 10-year yield of 1.98% fails to match the Federal Reserve’s inflation ambitions.
The fact that gold has no interest rate is actually an advantage in an environment where competing rates are negative!
In this environment of ultra-low nominal yields or even negative real yields, precious metals as a reserve asset look very attractive. Many central bankers around the world agree and are busily accumulating gold. According to a report issued by the World Gold Council in February, governments around the world added 477.2 metric tons of gold to their reserves in 2014. That haul was the second biggest in 50 years.
When inflation fears return to the market, as they eventually will, precious metals will become one of the premier asset classes to hold. Even now, they are performing better than virtually all other world currencies.
The end game of these ongoing currency wars is that all fiat currencies will be debased. And a true flight to quality will accelerate – with assets fleeing depreciating currencies (and debt instruments denominated in them) and piling into gold and silver.
Will the Fed Chicken Out on Rate Hikes?
Of course, right now it’s deflation fears that are dominating headlines. But the inflationary policy responses from the European Central Bank and others that have followed the ECB’s lead have lifted gold and silver prices markedly in terms of euros and other currencies.
As confidence in European currencies plunges, there’s only so much corresponding dollar strength the Federal Reserve is willing to tolerate. There’s been much talk of rate hikes coming later this year, and that widespread expectation has been priced into the market. Any rhetorical or policy disappointments from the Fed in the months ahead could cause traders to sell the dollar.
Whether later this year or further down the road, it’s only a matter of time before currency turmoil spreads to the United States.
The U.S. has a higher debt-to-GDP ratio than some troubled European countries. It has higher levels of unfunded liabilities (estimated to be in excess of $100 trillion) than any other country. The dollar’s status as world reserve currency has allowed the U.S. to become financially overextended. But that vaunted status is slowly deteriorating as Russia, China, and other countries form economic alliances that bypass the dollar.
When these chickens come home to roost, you don’t want to be wholly dependent on the U.S. government’s promises or its currency. Sizeable holdings in physical precious metals will help make you financially resilient in the face of the spreading global currency crisis.
The edifice of world post-1991 order is collapsing right now before our eyes. President Putin’s decision to give a miss to the Auschwitz pilgrimage, right after his absence in Paris at the Charlie festival, gave it the last shove. It was good clean fun to troll Russia, as long as it stayed the course. Not anymore. Russia broke the rules.
Until now, Russia, like a country bumpkin in Eton, tried to belong. It attended the gathering of the grandees where it was shunned, paid its dues to European bodies that condemned it, patiently suffered ceaseless hectoring of the great powers and irritating baiting of East European small-timers alike. But something broke down. The lad does not want to belong anymore; he picked up his stuff and went home – just when they needed him to knee in Auschwitz.
Auschwitz gathering is an annual Canossa of Western leaders where they bewail their historic failure to protect the Jews and swear their perennial obedience to them. This is a more important religious rite of our times, the One Ring to rule them all, established in 2001, when the Judeo-American empire had reached the pinnacle of its power. The Russian leader had duly attended the events. This year, they will have to do without him. Israeli ministers already have expressed their deep dissatisfaction for this was Russia’s Red Army that saved the Jews in Auschwitz, after all. Russia’s absence will turn the Holocaust memorial day into a parochial, West-only, event. Worse, Russia’s place will be taken by Ukraine, ruled by unrepentant heirs to Hitler’s Bandera.
This comes after the French ‘Charlie’ demo, also spurned by Russia. The West hinted that Russia’s sins would be forgiven, up to a point, if she joined, first the demo, and later, the planned anti-terrorist coalition, but Russia did not take the bait. This was a visible change, for previously, Russian leaders eagerly participated in joint events and voted for West-sponsored resolutions. In 2001, Putin fully supported George Bush’s War on Terrorism in the UN and on the ground. As recently as 2011, Russia agreed with sanctions against North Korea and Iran. As for coming for a demonstration, the Russians could always be relied upon. This time, the Russians did not come, except for the token presence of the foreign minister Mr. Lavrov. This indomitable successor of Mr. Nyet left the event almost immediately and went – to pray in the Russian church, in a counter-demonstration, of sorts, against Charlie. By going to the church, he declared that he is not Charlie.
For the Charlie Hebdo magazine was (and probably is) explicitly anti-Christian as well as anti-Muslim. One finds on its pages some very obnoxious cartoons offending the Virgin and Christ, as well as the pope and the Church. (They never offend Jews, somehow).
A Russian blogger who’s been exposed to this magazine for the first time, wrote on his page: I am ashamed that the bastards were dealt with by Muslims, not by Christians. This was quite a common feeling in Moscow these days. The Russians could not believe that such smut could be published and defended as a right of free speech. People planned a demo against the Charlie, but City Hall forbade it.
Remember, a few years ago, the Pussy Riot have profaned the St Saviour of Moscow like Femen did in some great European cathedrals, from Notre Dame de Paris to Strasbourg. The Russian government did not wait for vigilante justice to be meted upon the viragos, but sent them for up to two years of prison. At the same time, the Russian criminal law has been changed to include ‘sacrilege’ among ordinary crimes, by general consent. The Russians do feel about their faith more strongly than the EC rulers prescribe.
In Charlie’s France, Hollande’s regime frogmarched the unwilling people into a quite unnecessary gay marriage law, notwithstanding one-million-strong protest demonstrations by Catholics. Femen despoiling the churches were never punished; but a church warden who tried to prevent that, was heavily fined. France has a long anti-Christian tradition, usually described as “laic”, and its grand anti-Church coalition of Atheists, Huguenots and Jews coalesced in Dreyfus Affair days. Thus Lavrov’s escape to the church was a counter-demonstration, saying: Russia is for Christ, and Russia is not against Muslims.
While the present western regime is anti-Christian and anti-Muslim, it is pro-Jewish to an extent that defies a rational explanation. France had sent thousands of soldiers and policemen to defend Jewish institutions, though this defence antagonises their neighbours. While Charlie are glorified for insulting Christians and Muslims, Dieudonné has been sent to jail (just for a day, but with great fanfare) for annoying Jews. Actually, Charlie Hebdo dismissed a journalist for one sentence allegedly disrespectful for Jews. This unfairness is a source of aggravation: Muslims were laughed out of court when they complained against particularly vile Charlie’s cartoons, but Jews almost always win when they go to the court against their denigrators. (Full disclosure: I was also sued by LICRA, the French Jewish body, while my French publisher was devastated by their legal attacks).
The Russians don’t comprehend the Western infatuation with Jews, for Russian Jews have been well assimilated and integrated in general society. The narrative of Holocaust is not popular in Russia for one simple reason: so many Russians from every ethnic background lost their lives in the war, that there is no reason to single out Jews as supreme victims. Millions died at the siege of Leningrad; Belarus lost a quarter of its population. More importantly, Russians feel no guilt regarding Jews: they treated them fairly and saved them from the Nazis. For them, the Holocaust is a Western narrative, as foreign as JeSuisCharlie. With drifting of Russia out of Western consensus, there is no reason to maintain it.
This does not mean the Jews are discriminated against. The Jews of Russia are doing very well, thank you, without Holocaust worship: they occupy the highest positions in the Forbes list of Russia’s rich, with a combined capital of $122 billion, while all rich ethnic Russians own only $165 billion, according to the Jewish-owned source. Jews run the most celebrated media shows in prime time on the state TV; they publish newspapers; they have full and unlimited access to Putin and his ministers; they usually have their way when they want to get a plot of land for their communal purposes. And anti-Semitic propaganda is punishable by law – like anti-Christian or anti-Muslim abuse, but even more severely. Still, it is impossible to imagine a Russian journalist getting sack like CNN anchor Jim Clancy or BBC’s Tim Willcox for upsetting a Jew or speaking against Israel.
Russia preserves its plurality, diversity and freedom of opinion. The pro-Western Russian media –Novaya Gazeta of oligarch Lebedev, the owner of the British newspaper Independent – carries the JeSuis slogan and speaks of the Holocaust, as well as demands to restore Crimea to the Ukraine. But the vast majority of Russians do support their President, and his civilizational choice. He expressed it when he went to midnight Christmas mass in a small village church in far-away province, together with orphans and refugees from the Ukraine. And he expressed it by refusing to go to Auschwitz.
Neither willingly nor easily did Russia break ranks. Putin tried to take Western baiting in his stride: be it Olympic games, Syria confrontation, gender politics, Georgian border, even Crimea-related sanctions. The open economic warfare was a game-changer. Russia felt attacked by falling oil prices, by rouble trouble, by credit downgrading. These developments are considered an act of hostility, rather than the result of “the hidden hand of the market”.
Russians love conspiracia, as James Bond used to say. They do not believe in chance, coincidence nor natural occurrences, and are likely to consider a falling meteorite or an earthquake – a result of hostile American action, let alone a fall in the rouble/dollar exchange rate. They could be right, too, though it is hard to prove.
Regarding oil price fall, the jury is out. Some say this action by Saudis is aimed at American fracking companies, or alternatively it’s a Saudi-American plot against Russia. However, the price of oil is not formed by supply-demand, but by financial instruments, futures and derivatives. This virtual demand-and-supply is much bigger than the real one. When hedge funds stopped to buy oil futures, price downturn became unavoidable, but were the funds directed by politicians, or did they act so as Quantitative Easing ended?
The steep fall of the rouble could be connected to oil price downturn, but not necessarily so. The rouble is not involved in oil price forming. It could be an action by a very big financial institution. Soros broke the back of British pound in 1991; Korean won, Thai bath and Malaysian ringgit suffered similar fate in 1998. In each case, the attacked country lost about 40% of its GDP. It is possible that Russia was attacked by financial weapons directed from New York.
The European punitive sanctions forbade long-term cheap credit to Russian companies. The Russian state does not need loans, but Russian companies do. Combination of these factors put a squeeze on Russian pockets. The rating agencies kept downgrading Russian rating to almost junk level, for political reasons, I was told. As they were deprived of credit, state companies began to hoard dollars to pay later their debts, and they refrained from converting their huge profits to roubles, as they did until now. The rouble fell drastically, probably much lower than it had to.
This is not pinpoint sanctions aimed at Putin’s friends. This is a full-blown war. If the initiators expected Russians to be mad at Putin, they miscalculated. The Russian public is angry with the American organisers of the economical warfare, not with its own government. The pro-Western opposition tried to demonstrate against Putin, but very few people joined them.
Ordinary Russians kept a stiff upper lip. They did not notice the sanctions until the rouble staggered, and even then they shopped like mad rather than protested. In the face of shrinking money, they did not buy salt and sugar, as their grandparents would have. Their battle cry against hogging was “Do not take more than two Lexus cars per family, leave something for others!”
Perhaps, the invisible financiers went too far. Instead of being cowed, the Russians are preparing for a real long war, as they and their ancestors have historically fought – and won. It is not like they have a choice: though Americans insist Russia should join their War-on-Terrorism-II, they do not intend to relinquish sanctions.
The Russians do not know how to deal with a financial attack. Without capital restrictions, Russia will be cleaned out. Russian Central bank and Treasury people are strict monetarists, capital restrictions are anathema for them. Putin, being a liberal himself, apparently trusts them. Capital flight has taken huge proportions. Unless Russia uses the measures successfully tried by Mohammad Mahathir of Malaysia, it will continue. At present, however, we do not see sign of change.
This could be the incentive for Putin to advance in Ukraine. If the Russians do not know how to shuffle futures and derivatives, they are expert in armour movements and tank battles. Kiev regime is also spoiling for a fight, apparently pushed by the American neocons. It is possible that the US will get more than what it bargained for in the Ukraine.
One can be certain that Russians will not support the Middle Eastern crusade of NATO, as this military action was prepared at the Charlie demo in Paris. It is far from clear who killed the cartoonists, but Paris and Washington intend to use it for reigniting war in the Middle East. This time, Russia will be in opposition, and probably will use it as an opportunity to change the uncomfortable standoff in the Ukraine. Thus supporters of peace in the Middle East have a good reason to back Russia.
After Paris, condemnation of religious fanaticism is at its height. I’d guess that even many progressives fantasize about wringing the necks of jihadists, bashing into their heads some thoughts about the intellect, about satire, humor, freedom of speech. We’re talking here, after all, about young men raised in France, not Saudi Arabia.
Where has all this Islamic fundamentalism come from in this modern age? Most of it comes – trained, armed, financed, indoctrinated – from Afghanistan, Iraq, Libya, and Syria. During various periods from the 1970s to the present, these four countries had been the most secular, modern, educated, welfare states in the Middle East region. And what had happened to these secular, modern, educated, welfare states?
In the 1980s, the United States overthrew the Afghan government that was progressive, with full rights for women, believe it or not , leading to the creation of the Taliban and their taking power.
In the 2000s, the United States overthrew the Iraqi government, destroying not only the secular state, but the civilized state as well, leaving a failed state.
In 2011, the United States and its NATO military machine overthrew the secular Libyan government of Muammar Gaddafi, leaving behind a lawless state and unleashing many hundreds of jihadists and tons of weaponry across the Middle East.
And for the past few years the United States has been engaged in overthrowing the secular Syrian government of Bashar al-Assad. This, along with the US occupation of Iraq having triggered widespread Sunni-Shia warfare, led to the creation of The Islamic State with all its beheadings and other charming practices.
However, despite it all, the world was made safe for capitalism, imperialism, anti-communism, oil, Israel, and jihadists. God is Great!
Starting with the Cold War, and with the above interventions building upon that, we have 70 years of American foreign policy, without which – as Russian/American writer Andre Vltchek has observed – “almost all Muslim countries, including Iran, Egypt and Indonesia, would now most likely be socialist, under a group of very moderate and mostly secular leaders”. Even the ultra-oppressive Saudi Arabia – without Washington’s protection – would probably be a very different place.
On January 11, Paris was the site of a March of National Unity in honor of the magazine Charlie Hebdo, whose journalists had been assassinated by terrorists. The march was rather touching, but it was also an orgy of Western hypocrisy, with the French TV broadcasters and the assembled crowd extolling without end the NATO world’s reverence for journalists and freedom of speech; an ocean of signs declaring Je suis Charlie … Nous Sommes Tous Charlie; and flaunting giant pencils, as if pencils – not bombs, invasions, overthrows, torture, and drone attacks – have been the West’s weapons of choice in the Middle East during the past century.
No reference was made to the fact that the American military, in the course of its wars in recent decades in the Middle East and elsewhere, had been responsible for the deliberate deaths of dozens of journalists. In Iraq, among other incidents, see Wikileaks’ 2007 video of the cold-blooded murder of two Reuters journalists; the 2003 US air-to-surface missile attack on the offices of Al Jazeera in Baghdad that left three journalists dead and four wounded; and the American firing on Baghdad’s Hotel Palestine the same year that killed two foreign cameramen.
Moreover, on October 8, 2001, the second day of the US bombing of Afghanistan, the transmitters for the Taliban government’s Radio Shari were bombed and shortly after this the US bombed some 20 regional radio sites. US Defense Secretary Donald Rumsfeld defended the targeting of these facilities, saying: “Naturally, they cannot be considered to be free media outlets. They are mouthpieces of the Taliban and those harboring terrorists.”
And in Yugoslavia, in 1999, during the infamous 78-day bombing of a country which posed no threat at all to the United States or any other country, state-owned Radio Television Serbia (RTS) was targeted because it was broadcasting things which the United States and NATO did not like (like how much horror the bombing was causing). The bombs took the lives of many of the station’s staff, and both legs of one of the survivors, which had to be amputated to free him from the wreckage.
I present here some views on Charlie Hebdo sent to me by a friend in Paris who has long had a close familiarity with the publication and its staff:
“On international politics Charlie Hebdo was neoconservative. It supported every single NATO intervention from Yugoslavia to the present. They were anti-Muslim, anti-Hamas (or any Palestinian organization), anti-Russian, anti-Cuban (with the exception of one cartoonist), anti-Hugo Chávez, anti-Iran, anti-Syria, pro-Pussy Riot, pro-Kiev … Do I need to continue?
“Strangely enough, the magazine was considered to be ‘leftist’. It’s difficult for me to criticize them now because they weren’t ‘bad people’, just a bunch of funny cartoonists, yes, but intellectual freewheelers without any particular agenda and who actually didn’t give a fuck about any form of ‘correctness’ – political, religious, or whatever; just having fun and trying to sell a ‘subversive’ magazine (with the notable exception of the former editor, Philippe Val, who is, I think, a true-blooded neocon).”
Dumb and Dumber
Remember Arseniy Yatsenuk? The Ukrainian whom US State Department officials adopted as one of their own in early 2014 and guided into the position of Prime Minister so he could lead the Ukrainian Forces of Good against Russia in the new Cold War?
In an interview on German television on January 7, 2015 Yatsenuk allowed the following words to cross his lips: “We all remember well the Soviet invasion of Ukraine and Germany. We will not allow that, and nobody has the right to rewrite the results of World War Two”.
The Ukrainian Forces of Good, it should be kept in mind, also include several neo-Nazis in high government positions and many more partaking in the fight against Ukrainian pro-Russians in the south-east of the country. Last June, Yatsenuk referred to these pro-Russians as “sub-humans” , directly equivalent to the Nazi term “untermenschen”.
So the next time you shake your head at some stupid remark made by a member of the US government, try to find some consolation in the thought that high American officials are not necessarily the dumbest, except of course in their choice of who is worthy of being one of the empire’s partners.
The type of rally held in Paris this month to condemn an act of terror by jihadists could as well have been held for the victims of Odessa in Ukraine last May. The same neo-Nazi types referred to above took time off from parading around with their swastika-like symbols and calling for the death of Russians, Communists and Jews, and burned down a trade-union building in Odessa, killing scores of people and sending hundreds to hospital; many of the victims were beaten or shot when they tried to flee the flames and smoke; ambulances were blocked from reaching the wounded … Try and find a single American mainstream media entity that has made even a slightly serious attempt to capture the horror. You would have to go to the Russian station in Washington, DC, RT.com, search “Odessa fire” for many stories, images and videos. Also see the Wikipedia entry on the 2 May 2014 Odessa clashes.
If the American people were forced to watch, listen, and read all the stories of neo-Nazi behavior in Ukraine the past few years, I think they – yes, even the American people and their less-than-intellectual Congressional representatives – would start to wonder why their government was so closely allied with such people. The United States may even go to war with Russia on the side of such people.
L’Occident n’est pas Charlie pour Odessa. Il n’y a pas de défilé à Paris pour Odessa.
Some thoughts about this thing called ideology
Norman Finkelstein, the fiery American critic of Israel, was interviewed recently by Paul Jay on The Real News Network. Finkelstein related how he had been a Maoist in his youth and had been devastated by the exposure and downfall of the Gang of Four in 1976 in China. “It came out there was just an awful lot of corruption. The people who we thought were absolutely selfless were very self-absorbed. And it was clear. The overthrow of the Gang of Four had huge popular support.”
Many other Maoists were torn apart by the event. “Everything was overthrown overnight, the whole Maoist system, which we thought [were] new socialist men, they all believed in putting self second, fighting self. And then overnight the whole thing was reversed.”
“You know, many people think it was McCarthy that destroyed the Communist Party,” Finkelstein continued. “That’s absolutely not true. You know, when you were a communist back then, you had the inner strength to withstand McCarthyism, because it was the cause. What destroyed the Communist Party was Khrushchev’s speech,” a reference to Soviet premier Nikita Khrushchev’s 1956 exposure of the crimes of Joseph Stalin and his dictatorial rule.
Although I was old enough, and interested enough, to be influenced by the Chinese and Russian revolutions, I was not. I remained an admirer of capitalism and a good loyal anti-communist. It was the war in Vietnam that was my Gang of Four and my Nikita Khrushchev. Day after day during 1964 and early 1965 I followed the news carefully, catching up on the day’s statistics of American firepower, bombing sorties, and body counts. I was filled with patriotic pride at our massive power to shape history. Words like those of Winston Churchill, upon America’s entry into the Second World War, came easily to mind again – “England would live; Britain would live; the Commonwealth of Nations would live.” Then, one day – a day like any other day – it suddenly and inexplicably hit me. In those villages with the strange names there were people under those falling bombs, people running in total desperation from that god-awful machine-gun strafing.
This pattern took hold. The news reports would stir in me a self-righteous satisfaction that we were teaching those damn commies that they couldn’t get away with whatever it was they were trying to get away with. The very next moment I would be struck by a wave of repulsion at the horror of it all. Eventually, the repulsion won out over the patriotic pride, never to go back to where I had been; but dooming me to experience the despair of American foreign policy again and again, decade after decade.
The human brain is an amazing organ. It keeps working 24 hours a day, 7 days a week, and 52 weeks a year, from before you leave the womb, right up until the day you find nationalism. And that day can come very early. Here’s a recent headline from the Washington Post: “In the United States the brainwashing starts in kindergarten.”
Oh, my mistake. It actually said “In N. Korea the brainwashing starts in kindergarten.”
Let Cuba Live! The Devil’s List of what the United States has done to Cuba
On May 31, 1999, a lawsuit for $181 billion in wrongful death, personal injury, and economic damages was filed in a Havana court against the government of the United States. It was subsequently filed with the United Nations. Since that time its fate is somewhat of a mystery.
The lawsuit covered the 40 years since the country’s 1959 revolution and described, in considerable detail taken from personal testimony of victims, US acts of aggression against Cuba; specifying, often by name, date, and particular circumstances, each person known to have been killed or seriously wounded. In all, 3,478 people were killed and an additional 2,099 seriously injured. (These figures do not include the many indirect victims of Washington’s economic pressures and blockade, which caused difficulties in obtaining medicine and food, in addition to creating other hardships.)
The case was, in legal terms, very narrowly drawn. It was for the wrongful death of individuals, on behalf of their survivors, and for personal injuries to those who survived serious wounds, on their own behalf. No unsuccessful American attacks were deemed relevant, and consequently there was no testimony regarding the many hundreds of unsuccessful assassination attempts against Cuban President Fidel Castro and other high officials, or even of bombings in which no one was killed or injured. Damages to crops, livestock, or the Cuban economy in general were also excluded, so there was no testimony about the introduction into the island of swine fever or tobacco mold.
However, those aspects of Washington’s chemical and biological warfare waged against Cuba that involved human victims were described in detail, most significantly the creation of an epidemic of hemorrhagic dengue fever in 1981, during which some 340,000 people were infected and 116,000 hospitalized; this in a country which had never before experienced a single case of the disease. In the end, 158 people, including 101 children, died. That only 158 people died, out of some 116,000 who were hospitalized, was an eloquent testimony to the remarkable Cuban public health sector.
The complaint describes the campaign of air and naval attacks against Cuba that commenced in October 1959, when US president Dwight Eisenhower approved a program that included bombings of sugar mills, the burning of sugar fields, machine-gun attacks on Havana, even on passenger trains.
Another section of the complaint described the armed terrorist groups, los banditos, who ravaged the island for five years, from 1960 to 1965, when the last group was located and defeated. These bands terrorized small farmers, torturing and killing those considered (often erroneously) active supporters of the Revolution; men, women, and children. Several young volunteer literacy-campaign teachers were among the victims of the bandits.
There was also of course the notorious Bay of Pigs invasion, in April 1961. Although the entire incident lasted less than 72 hours, 176 Cubans were killed and 300 more wounded, 50 of them permanently disabled.
The complaint also described the unending campaign of major acts of sabotage and terrorism that included the bombing of ships and planes as well as stores and offices. The most horrific example of sabotage was of course the 1976 bombing of a Cubana airliner off Barbados in which all 73 people on board were killed. There were as well as the murder of Cuban diplomats and officials around the world, including one such murder on the streets of New York City in 1980. This campaign continued to the 1990s, with the murders of Cuban policemen, soldiers, and sailors in 1992 and 1994, and the 1997 hotel bombing campaign, which took the life of a foreigner; the bombing campaign was aimed at discouraging tourism and led to the sending of Cuban intelligence officers to the US in an attempt to put an end to the bombings; from their ranks rose the Cuban Five.
To the above can be added the many acts of financial extortion, violence and sabotage carried out by the United States and its agents in the 16 years since the lawsuit was filed. In sum total, the deep-seated injury and trauma inflicted upon on the Cuban people can be regarded as the island’s own 9-11.
- US Department of the Army, Afghanistan, A Country Study (1986), pp.121, 128, 130, 223, 232
- Counterpunch, January 10, 2015
- Index on Censorship, the UK’s leading organization promoting freedom of expression, October 18, 2001
- The Independent (London), April 24, 1999
- “Ukrainian Prime Minister Arseniy Yatsenyuk talking to Pinar Atalay”, Tagesschau (Germany), January 7, 2015 (in Ukrainian with German voice-over)
- CNN, June 15, 2014
- See William Blum, West-Bloc Dissident: A Cold War Memoir, chapter 3
- Washington Post, January 17, 2015, page A6
- William Blum, Killing Hope: US Military and CIA Interventions Since World War II, chapter 30, for a capsule summary of Washington’s chemical and biological warfare against Havana.
- For further information, see William Schaap, Covert Action Quarterly magazine (Washington, DC), Fall/Winter 1999, pp.26-29
Is Putin Creating A New World Order?
“If undercharging for energy products occurs deliberately, it also effects those who introduce these limitations. Problems will arise and grow, worsening the situation not only for Russia but also for our partners.” – Russian President Vladimir Putin
It’s hard to know which country is going to suffer the most from falling oil prices. Up to now, of course, Russia, Iran and Venezuela have taken the biggest hit, but that will probably change as time goes on. What the Obama administration should be worried about is the second-order effects that will eventually show up in terms of higher unemployment, market volatility, and wobbly bank balance sheets. That’s where the real damage is going to crop up because that’s where red ink and bad loans can metastasize into a full-blown financial crisis. Check out this blurb from Nick Cunningham at Oilprice.com and you’ll see what I mean:
“According to an assessment from the Federal Reserve Bank of Dallas, an estimated 250,000 jobs across eight U.S. states could be lost in 2015 if oil prices don’t rise. More than 50 percent of those job losses would occur in Texas, which leads the nation in oil production.
There are some early signs that a slowdown in drilling could spread to the manufacturing sector in Texas… One executive at a metal manufacturing company said in the survey, “the drop in crude oil prices is going to make things ugly… quickly.” Another company that manufactures machinery told the Dallas Fed, “Low oil prices will drive reductions in U.S. drilling rigs, which will in turn reduce the market for our products.”
The sentiment was similar for a chemical manufacturer, who said “lower oil prices will adversely impact margins. Energy volatility will cause our customers to keep inventories tight.”
States like Texas, North Dakota, Oklahoma, and Louisiana have seen their economies boom over the last few years as oil production surged. But the sector is now deflating, leaving gashes in employment rolls and state budgets.” (Low Prices Lead To Layoffs In The Oil Patch, Nick Cunningham, Oilprice.com)
Of course industries lay-off workers all the time and it doesn’t always lead to a financial crisis. But unemployment is just one part of the picture, lower personal consumption is another. Take a look:
“Falling oil prices are a bigger drag on economic growth than the incremental “savings” received by the consumer…..Another way to show this graphically is to look at the annual changes in Personal Consumption Expenditures (PCE) in aggregate as compared to the subsection of PCE spent on energy and related products. This is shown in the chart below.
Lower Energy Prices To Lower PCE (Personal Consumption Expenditures):
(The Gasoline Price Myth, Lance Roberts, oilprice.com)
See? So despite what you might have read in the MSM, lower gas prices do not translate into greater personal consumption or more robust growth. Quiet the contrary, they tend to intensify deflationary pressures and reduce activity which is a damper on growth.
Then there’s the knock-on effects that crashing prices and layoffs have on other industries like mining, manufacturing and chemical production. Here’s more from Oil Price:
“Oil and gas production makeup a hefty chunk of the “mining and manufacturing” component of the employment rolls. Since 2000, when the oil price boom gained traction, Texas has comprised more than 40% of all jobs in the country according to first quarter data from the Dallas Federal Reserve…
The majority of the jobs “created” since the financial crisis have been lower wage paying jobs in retail, healthcare and other service sectors of the economy. Conversely, the jobs created within the energy space are some of the highest wage paying opportunities available in engineering, technology, accounting, legal, etc. In fact, each job created in energy related areas has had a “ripple effect” of creating 2.8 jobs elsewhere in the economy from piping to coatings, trucking and transportation, restaurants and retail….
The obvious ramification of the plunge in oil prices is that eventually the loss of revenue will lead to cuts in production, declines in capital expenditure plans (which comprise almost 1/4th of all capex expenditures in the S&P 500), freezes and/or reductions in employment, and declines in revenue and profitability…
Simply put, lower oil and gasoline prices may have a bigger detraction on the economy than the “savings” provided to consumers.” (The Gasoline Price Myth, Lance Roberts, oilprice.com)
None of this sounds very reassuring, does it? And yet, all we hear from the media is how the economy is going to reach “escape velocity” on the back of cheap oil. Nonsense. This is just more “green shoots” baloney wrapped in public relations hype. The fact is, the economy needs the good-paying jobs more than it needs low-priced energy. But now that prices are tumbling, those jobs are going to disappear which is going to be a drag on growth. Now check out these headlines I picked up on Google News that help to show what’s going on off the radar:
“Texas is in danger of a recession”, CNN Money.
“Texas Could Be Headed for an Oil-Fueled Recession, JP Morgan Economist Says”, Wall Street Journal “Good Times From Texas to North Dakota May Turn Bad on Oil-Price Drop”, Bloomberg
“Low Oil Prices in the New Year Are Screwing Petrostates”, Vice News
“Top US Oil States Are Taking A Hit From Plunging Crude Prices”, Business Insider
Get the picture? If oil prices continue to fall, unemployment is going to spike, activity is going to slow, and the economy is going tank. And the damage won’t be limited to the US either. Get a load of this from the UK Telegraph:
“A third of Britain’s listed oil and gas companies are in danger of running out of working capital and even going bankrupt amid a slump in the value of crude, according to new research.
Financial risk management group Company Watch believes that 70pc of the UK’s publicly listed oil exploration and production companies are now unprofitable, racking up significant losses in the region of £1.8bn.
Such is the extent of the financial pressure now bearing down on highly leveraged drillers in the UK that Company Watch estimates that a third of the 126 quoted oil and gas companies on AIM and the London Stock Exchange are generating no revenues.
The findings are the latest warning to hit the oil and gas industry since a slump in the price of crude accelerated in November when the Organisation of Petroleum Exporting Countries (Opec) decided to keep its output levels unchanged. The decision has caused carnage in oil markets with a barrel of Brent crude falling 45pc since June to around $60 per barrel.” (Third of listed UK oil and gas drillers face bankruptcy, Telegraph)
“Carnage in oil markets,” you say?
Indeed. Many of the oil-drilling newcomers set up shop to take advantage of the low rates and easy money available in the bond market. Now that prices have crashed, investors are avoiding energy-related junk bonds like the plague which is making it impossible for the smaller companies to roll over their debt or attract fresh capital. When these companies start to default en masse, as they certainly will if prices don’t rebound, the blowback will be felt on bank balance sheets across the country creating the possibility of another financial meltdown. (Now we ARE talking about a financial crisis.)
The basic problem is that the banks have bundled a lot of their dodgy debt into financially-engineered products like Collateralized Loan Obligations (CLOs) and Collateralized Debt Obligations (CDOs) that will inevitably fail when borrowers are no longer able to service the loans. The rot can be concealed for a while, but eventually, if prices don’t recover, a significant number of these companies are going to go under which will push the perennially-undercapitalized banking system to the brink once again. That’s why Washington’s plan to push down oil prices (to hurt the Russian economy) might have made sense on a short-term basis (to shock Putin into submission) but as a long-term strategy, it’s nuts. And what’s even crazier, is that Obama has decided to double-down on the same wacky plan even though Putin hasn’t given an inch. Check this out from Reuters on Monday:
“The Obama administration has opened a new front in the global battle for oil market share, effectively clearing the way for the shipment of as much as a million barrels per day of ultra-light U.S. crude to the rest of the world…
The Department of Commerce on Tuesday ended a year-long silence on a contentious, four-decade ban on oil exports, saying it had begun approving a backlog of requests to sell processed light oil abroad.
The action comes at a critical juncture for the global oil market. World prices have halved to less than $60 a barrel since the summer as top exporter Saudi Arabia, once a staunch defender of $100 oil, refused to cut production in the face of surging U.S. shale output and tempered global demand…
With global oil markets in flux, it is far from clear how much U.S. condensate will find a market overseas.”
(Analysis – U.S. opening of oil export tap widens battle for global market, Reuters)
Does that make sense to you, dear reader? Why would Obama suddenly opt to change the rules of the game when he knows it will increase supply and push prices down even further? Why would he do that? Certainly, he doesn’t want to inflict more pain on domestic producers, does he?
Let’s let Obama answer the question for himself. Here’s a clip from an NPR interview with the president just last week. About halfway through the interview, NPR’s Steve Inskeep asks Obama: “Are you just lucky that the price of oil went down and therefore their currency collapsed or …is it something that you did?
Barack Obama: If you’ll recall, their (Russia) economy was already contracting and capital was fleeing even before oil collapsed. And part of our rationale in this process was that the only thing keeping that economy afloat was the price of oil. And if, in fact, we were steady in applying sanction pressure, which we have been, that over time it would make the economy of Russia sufficiently vulnerable that if and when there were disruptions with respect to the price of oil — which, inevitably, there are going to be sometime, if not this year then next year or the year after — that they’d have enormous difficulty managing it.” (Transcript: President Obama’s Full NPR Interview)
Am I mistaken or did Obama just admit that he wanted “disruptions” in the “price of oil” because he figured Putin would have “enormous difficulty managing it”?
Isn’t that the same as saying that it was all part of Washington’s plan; that plunging prices were just the icing on the cake for their asymmetrical attack on the Russian economy? It sure sounds like it. And that would also explain why Obama decided to allow domestic producers to dump more oil on the market even though it’s going to send prices lower. Apparently, none of that matters as long as the policy hurts Russia.
So maybe the US-Saudi oil collusion theory isn’t so far fetched after all. Maybe Salon’s Patrick L. Smith was right when he said:
“Less than a week after the Minsk Protocol was signed, Kerry made a little-noted trip to Jeddah to see King Abdullah at his summer residence. When it was reported at all, this was put across as part of Kerry’s campaign to secure Arab support in the fight against the Islamic State.
Stop right there. That is not all there was to the visit, my trustworthy sources tell me. The other half of the visit had to do with Washington’s unabated desire to ruin the Russian economy. To do this, Kerry told the Saudis 1) to raise production and 2) to cut its crude price. Keep in mind these pertinent numbers: The Saudis produce a barrel of oil for less than $30 as break-even in the national budget; the Russians need $105.
Shortly after Kerry’s visit, the Saudis began increasing production, sure enough — by more than 100,000 barrels daily during the rest of September, more apparently to come…
Think about this. Winter is coming, there are serious production outages now in Iraq, Nigeria, Venezuela and Libya, other OPEC members are screaming for relief, and the Saudis make back-to-back moves certain to push falling prices still lower? You do the math, with Kerry’s unreported itinerary in mind, and to help you along I offer this from an extremely well-positioned source in the commodities markets: “There are very big hands pushing oil into global supply now,” this source wrote in an e-mail note the other day.” (“What Really Happened in Beijing: Putin, Obama, Xi And The Back Story The Media Won’t Tell You”, Patrick L. Smith, Salon)
Vladimir Putin: Public Enemy Number 1
Let’s cut to the chase: All these oil shenanigans are really aimed at just one man: Vladimir Putin. There are a number of reasons why Washington wants to get rid of Putin, the first of which is that the Russian president has become an obstacle to US plans to pivot to Asia. That’s the main issue. As long as Putin is calling the shots, there’s going to be growing resistance to NATO’s push eastward and Washington’s military expansion across Central Asia which could undermine US plans to encircle China and remain the world’s only superpower. Here’s an excerpt from Zbigniew Brzezinski’s The Grand Chessboard which helps to explain the importance Eurasia is in terms of Washington’s global ambitions:
“..how America ‘manages’ Eurasia is critical. A power that dominates Eurasia would control two of the world’s three most advanced and economically productive regions. A mere glance at the map also suggests that control over Eurasia would almost automatically entail Africa’s subordination, rendering the Western Hemisphere and Oceania (Australia) geopolitically peripheral to the world’s central continent. About 75 per cent of the world’s people live in Eurasia, and most of the world’s physical wealth is there as well, both in its enterprises and underneath its soil. Eurasia accounts for about three-fourths of the world’s known energy resources.” (p.31) (Zbigniew Brzezinski, The Grand Chessboard: American Primacy And It’s Geostrategic Imperatives, Key Quotes From Zbigniew Brzezinksi’s Seminal Book)
Get it? Prevailing in Asia is the administration’s top priority, which is why the US is rapidly moving its military assets into place. Check this out from the World Socialist Web Site:
“Under Obama’s “pivot to Asia,” the Pacific Command will account for more than 60 percent of all US military forces, up from 50 percent under the Bush administration. This includes new US basing arrangements in the Philippines, Singapore and Australia, as well as renewed close military ties to New Zealand, and ongoing US military exercises in Thailand, Malaysia, Indonesia and Taiwan….(as well as) large troop deployments in Japan and South Korea, including nuclear-armed units.” (The global scale of US militarism, Patrick Martin, World Socialist Web Site)
The “Big Shift” is already underway, which is why obstacles have to be removed and Putin’s got to go.
Second, Putin has made himself a general nuisance vis a vis US strategic objectives in Syria, Iran and Ukraine. In Syria, Putin has thrown his support behind Assad who the US wants to topple in order to redraw the map of the Middle East and build gas pipelines from Qatar to Turkey to access the lucrative EU market.
Third, Putin has strengthened a number of coalitions and alliances –the BRICS bank, the Eurasian Economic Union, and the Shanghai Cooperation Organization–all of which pose a challenge to US dominance in the region as well as a viable alternative to neoliberal financial institutions like the IMF and World Bank. Going back to Brzezinski’s “chessboard” once again, we see that the US should not feel threatened by any one nation, but should be constantly on-the-lookout for “regional coalitions” which could derail its plans to rule the world. Here’s Brzezinski again:
“…the three grand imperatives of imperial geostrategy are to prevent collusion and maintain security dependence among the vassals, to keep tributaries pliant and protected, and to keep the barbarians from coming together.” (p.40)
“Henceforth, the United States may have to determine how to cope with regional coalitions that seek to push America out of Eurasia, thereby threatening America’s status as a global power.” (p.55) (Zbigniew Brzezinski, The Grand Chessboard: American Primacy And It’s Geostrategic Imperatives, Key Quotes From Zbigniew Brzezinksi’s Seminal Book)
As a founding member and primary backer of these organizations, (and initiator of giant energy deals with China, India and Turkey) Putin has become Washington’s biggest headache and a logical target for regime change.
Finally, Putin is doing whatever he can to circumvent dollar-denominated business and financial transactions. The move away from the buck is a direct attack on the US’s greatest source of power, the ability to control the de facto international currency and to require that other nation’s stockpile dollars for their energy purchases which are then recycled into US financial assets, stocks bonds and US Treasuries. This petrodollar-recycling scam allows the US to run gigantic current account deficits without raising interest rates or reducing government spending. Putin’s anti-dollar policies could diminish the greenback’s role as reserve currency and put an end to a system that institutionalizes looting.
This is why Putin is Public Enemy Number 1. It’s because he’s blocking the US pivot to Asia, strengthening anti-Washington coalitions, sabotaging US foreign policy objectives in the Middle East, creating institutions that rival the IMF and World Bank, transacting massive energy deals with critical US allies, increasing membership in an integrated, single-market Eurasian Economic Union, and attacking the structural foundation upon which the entire US empire rests, the dollar.
Naturally, Washington’s powerbrokers are worried about these developments, just as they are worried about the new world order which is gradually taking shape under Putin’s guidance. But, so far, they haven’t been able to do anything about it. The administration’s regime change schemers and fantasists have shown time-and-again that they’re no match for Bad Vlad who has beaten them at every turn.
That America is spiraling on a collision course with calamity seems certain. We seem to be ignoring virtually all of the lessons of history, and, well, you know what one fellow said about the folly of doing that. I join the consensus of patriots and freedom-lovers throughout the country who believe America’s future is filled with all sorts of stormy weather. As a matter of fact, the storms are all around us already.
For one thing, most of the people who should be helping us in the freedom fight cannot see past the end of their ballot. They think, as long as they elect “conservatives” to public office, all is well with the world. And since the GOP now controls both houses of Congress in Washington, D.C., the vast majority of our good brothers and sisters are already all tucked in for extended hibernation. They will reemerge from under their blankets about three months before the general election in 2016 and start screaming their support for whomever the neocon candidate happens to be. Why, they are already ignoring the fact that the precious Republicans they just elected to the House and Senate a few weeks ago are already signaling that they will to do NOTHING to thwart Barack Obama’s executive amnesty, which was the single most defining issue that helped give the Congress to the GOP. Republicans on Capitol Hill are famous for doing NOTHING to fulfill the promises they made on the campaign trail to their constituents. And Republican voters are famous for reelecting them anyway. Good grief! Republicans in South Carolina can’t even get rid of Lindsey Graham; and Republicans in Arizona can’t even get rid of John McCain.
Even the great Republican “conservative,” Mitt Romney, is now on record saying that the GOP should “swallow hard” and pass a PERMANENT amnesty bill. And even though he says he is not running for President in two years, he continues to be the frontrunner in most of the GOP preference polls. What does that tell you?
See the report here:
Congresswoman Michele Bachmann had the guts to tell the truth about what the GOP plans to do regarding Obama’s blatantly illegal executive amnesty decision. Bachmann told Breitbart.com that House Speaker John Boehner and the GOP leadership have “no intention” of resisting Obama’s executive amnesty. And she is right.
See the report here:
Staunch anti-amnesty senator, Jeff Sessions, said this past Tuesday that the GOP House was about to break their 2014 campaign promises to stop Obama’s executive amnesty. Also on Tuesday, Breitbart.com reported that House Speaker Boehner appears ready to deal with Democrats in order to cut a deal to SAVE amnesty. See the report here:
Oh, we can expect Boehner and Company to blow a lot of smoke and pass some frivolous and toothless legislation or resolutions that will be designed to placate a gullible and naïve Republican constituency, but that will do absolutely NOTHING to stop Obama’s amnesty. The only thing John Boehner and his ilk in Congress don’t like is Obama beat them to the punch by issuing executive amnesty to illegals. GOP leaders were hoping to pass legislative amnesty. So, now that Obama has beaten them to the punch, Boehner and his fellow establishment Republicans will quickly fall in line.
But what the U.S. House of Representatives ought to do (if they had any guts, which they don’t) is impeach this President for his executive amnesty.
Barack Obama’s executive amnesty is the worst kind of abuse of power and illegal conduct. The President of the United States is charged with “executing” the laws of our country. He has no lawful authority to set those laws aside with an Executive Order, which is exactly what he did. Compared to the crimes of Barack Obama, the impeachment charges against Bill Clinton look pale. Then again, compared to the Congress of 1994, this Congress looks pale.
The effect of our government’s refusal to respect our nation’s borders and laws over the next several years will be devastating consequences to the very fiber and fabric of this once great republic. The toll on State and local budgets, education quality, crime rates, employment opportunities, and quality of life will be incalculable. And this is just one menace that the miscreants in Washington, D.C., are inflicting upon us.
For much of the Twentieth Century (and now into the Twenty-First Century), Americans repeatedly choose to elect irresponsible, power-hungry, egotistical, self-centered sycophants (from both major parties) to public office. In addition, most of our churches are little more than glorified social clubs, entertainment centers, playgrounds, and government corporations. Our major media, in both the national and most local markets, are largely government propaganda outlets–as are most of our educational institutions. Furthermore, Christians and unbelievers, pastors of all stripes, Republicans and Democrats, and conservatives and liberals alike, are sitting back passively and indifferently as our country is being turned into a humongous Police State. Absent a significant shift in the hearts and minds of the American people, our liberties cannot long endure.
However, with all of the above said, I still refuse to join the ranks of Chicken Little.
For some reason, known only to God, we still have a semblance of freedom in this land. Granted, it’s only a semblance, but the curtain has not yet fully fallen on liberty. God knows we don’t deserve even the semblance of freedom that we still enjoy. Over the last sixty-plus years, we have been doing our best to throw America into the garbage heap of history. But, for some reason, the curtain has not yet fallen completely.
I would like to proffer five suggestions as to why the curtain has not yet fallen on liberty.
1. I believe God is still honoring the faith, courage, commitment, and sacrifice of America’s Founding Fathers. If God would bless Old Testament Israel for the sake of Abraham, Moses, and David, I believe He would bless the United States for the sake of George Washington, Patrick Henry, and Samuel Adams.
From the days of the Pilgrims through the days of the Patriots, several generations of men and women were willing to pay, many times, a horrific price for liberty. There is no doubt in my mind that these modern generations of Americans are still clipping the coupons from the extraordinary faith and courage of our forebears.
2. More than one hundred million American citizens possess over three hundred million firearms. And a good percentage of these people not only possess a gun; they possess the mental, emotional, and spiritual resolve to use those weapons against any government that would seek to take them. There is absolutely no doubt in my mind that the deeply-rooted heritage of the American people to keep and bear arms has been largely responsible for the preservation of whatever liberties we have left. Without a heavily-armed populace within this country, there is absolutely no doubt that America (and the rest of the “free world”) would have been totally enslaved decades ago.
3. The Internet. For all of the baloney, malarkey, and rubbish that can be found on the Internet, there is absolutely no question that the Internet has very successfully circumvented and shattered the monopoly of the government shills of the mainstream media. For all intents and purposes, the Internet is to America today what the “Committees of Correspondence” were to Colonial America.
Many are even predicting that the major television news networks will be out of business within the next couple or three decades–as will many of America’s newspapers. CNN was once a cable dynasty; now it is barely broadcasting. MSNBC’s ratings are so poor that its days are also numbered. And while FOX NEWS is currently enjoying the zenith of its existence, more people are getting their news and newsworthy information from the Internet than from all of the above combined. For all of its negatives, the Internet is a huge net positive for freedom.
4. There is still a host, and I mean a huge host, of liberty-loving people in this country who have not (and will never) accept the shackles of tyranny around their hearts. Big-Government toadies can impugn them all they want, but people such as Ron Paul, Judge Andrew Napolitano, Senator Mike Lee, Congressman Justin Amash, and millions like them, are keeping the torch of liberty burning.
The media would have us believe that old-fashioned, red-blooded freedomists have gone the way of the Brontosaurus. Or, that if any do yet exist, their numbers are so small as to be placed on the list of endangered species. Don’t you believe it!
In every occupation and vocation–including in our U.S. military and federal police agencies–in virtually every village and hamlet dotted across the fruited plain, and in every age bracket, reside innumerable freedom-loving Americans in whose hearts the love of liberty reigns. Before the chains of tyranny can be placed around a person’s neck, they must first be placed around their hearts. And the people I’m talking about will NEVER allow those chains to be placed around their hearts.
5. I believe the curtain has not completely dropped on liberty in this country because of the grace and sovereignty of our Creator-God. Thomas Jefferson (himself an unbeliever in the traditional sense) was exactly right when he said that liberty is the gift of God. That we still enjoy a semblance of freedom in this land indicates that His divine protection still rests upon us.
Those of us who have a Christian perspective realize that Holy Writ tells us: “For it is God which worketh in you both to will and to do of his good pleasure.” (Philippians 2:13) This means that the deeply-seeded love of liberty in our hearts was planted there by our Creator. Our WILL for liberty is God-breathed. That fact, by itself, demonstrates that it’s not over.
There is a line from the 2012 version of the movie “Red Dawn” that I really love. A U.S. Marine fighting with the “Wolverines,” said, “I’m still breathing, so, it’s not over.” Indeed. You and are still breathing, folks, so, IT’S NOT OVER.
“Russia reinforced what Western and Ukrainian officials described as a stealth invasion on Wednesday [August 27], sending armored troops across the border as it expanded the conflict to a new section of Ukrainian territory. The latest incursion, which Ukraine’s military said included five armored personnel carriers, was at least the third movement of troops and weapons from Russia across the southeast part of the border this week.”
None of the photos accompanying this New York Times story online showed any of these Russian troops or armored vehicles.
“The Obama administration,” the story continued, “has asserted over the past week that the Russians had moved artillery, air-defense systems and armor to help the separatists in Donetsk and Luhansk. ‘These incursions indicate a Russian-directed counteroffensive is likely underway’, Jen Psaki, the State Department spokeswoman, said. At the department’s daily briefing in Washington, Ms. Psaki also criticized what she called the Russian government’s ‘unwillingness to tell the truth’ that its military had sent soldiers as deep as 30 miles inside Ukraine territory.”
Thirty miles inside Ukraine territory and not a single satellite photo, not a camera anywhere around, not even a one-minute video to show for it. “Ms. Psaki apparently [sic] was referring to videos of captured Russian soldiers, distributed by the Ukrainian government.” The Times apparently forgot to inform its readers where they could see these videos.
“The Russian aim, one Western official said, may possibly be to seize an outlet to the sea in the event that Russia tries to establish a separatist enclave in eastern Ukraine.”
This of course hasn’t taken place. So what happened to all these Russian soldiers 30 miles inside Ukraine? What happened to all the armored vehicles, weapons, and equipment?
“The United States has photographs that show the Russian artillery moved into Ukraine, American officials say. One photo dated last Thursday, shown to a New York Times reporter, shows Russian military units moving self-propelled artillery into Ukraine. Another photo, dated Saturday, shows the artillery in firing positions in Ukraine.”
Where are these photographs? And how will we know that these are Russian soldiers? And how will we know that the photos were taken in Ukraine? But most importantly, where are the fucking photographs?
Why am I so cynical? Because the Ukrainian and US governments have been feeding us these scare stories for eight months now, without clear visual or other evidence, often without even common sense. Here are a few of the many other examples, before and after the one above:
- The Wall Street Journal (March 28) reported: “Russian troops massing near Ukraine are actively concealing their positions and establishing supply lines that could be used in a prolonged deployment, ratcheting up concerns that Moscow is preparing for another [sic] major incursion and not conducting exercises as it claims, US officials said.”
- “The Ukrainian government charged that the Russian military was not only approaching but had actually crossed the border into rebel-held regions.” (Washington Post, November 7)
- “U.S. Air Force Gen. Philip M. Breedlove told reporters in Bulgaria that NATO had observed Russian tanks, Russian artillery, Russian air defense systems and Russian combat troops enter Ukraine across a completely wide-open border with Russia in the previous two days.” (Washington Post, November 13)
- “Ukraine accuses Russia of sending more soldiers and weapons to help rebels prepare for a new offensive. The Kremlin has repeatedly denied aiding the separatists.” (Reuters, November 16)
Since the February US-backed coup in Ukraine, the State Department has made one accusation after another about Russian military actions in Eastern Ukraine without presenting any kind of satellite imagery or other visual or documentary evidence; or they present something that’s very unclear and wholly inconclusive, such as unmarked vehicles, or unsourced reports, or citing “social media”; what we’re left with is often no more than just an accusation. The Ukrainian government has matched them.
On top of all this we should keep in mind that if Moscow decided to invade Ukraine they’d certainly provide air cover for their ground forces. There has been no mention of air cover.
This is all reminiscent of the numerous stories in the past three years of “Syrian planes bombing defenseless citizens”. Have you ever seen a photo or video of a Syrian government plane dropping bombs? Or of the bombs exploding? When the source of the story is mentioned, it’s almost invariably the rebels who are fighting against the Syrian government. Then there’s the “chemical weapon” attacks by the same evil Assad government. When a photo or video has accompanied the story I’ve never once seen grieving loved ones or media present; not one person can be seen wearing a gas mask. Is it only children killed or suffering? No rebels?
And then there’s the July 17 shootdown of Malaysia Flight MH17, over eastern Ukraine, taking 298 lives, which Washington would love to pin on Russia or the pro-Russian rebels. The US government – and therefore the US media, the EU, and NATO – want us all to believe it was the rebels and/or Russia behind it. The world is still waiting for any evidence. Or even a motivation. Anything at all. President Obama is not waiting. In a talk on November 15 in Australia, he spoke of “opposing Russia’s aggression against Ukraine – which is a threat to the world, as we saw in the appalling shoot-down of MH17”. Based on my reading, I’d guess that it was the Ukranian government behind the shootdown, mistaking it for Putin’s plane that reportedly was in the area.
Can it be said with certainty that all the above accusations were lies? No, but the burden of proof is on the accusers, and the world is still waiting. The accusers would like to create the impression that there are two sides to each question without actually having to supply one of them.
The United States punishing Cuba
For years American political leaders and media were fond of labeling Cuba an “international pariah”. We haven’t heard that for a very long time. Perhaps one reason is the annual vote in the United Nations General Assembly on the resolution which reads: “Necessity of ending the economic, commercial and financial embargo imposed by the United States of America against Cuba”. This is how the vote has gone (not including abstentions):
|Year||Votes (Yes-No)||No Votes|
|1993||88-4||US, Israel, Albania, Paraguay|
|1995||117-3||US, Israel, Uzbekistan|
|1996||138-3||US, Israel, Uzbekistan|
|1997||143-3||US, Israel, Uzbekistan|
|2000||167-3||US, Israel, Marshall Islands|
|2001||167-3||US, Israel, Marshall Islands|
|2002||173-3||US, Israel, Marshall Islands|
|2003||179-3||US, Israel, Marshall Islands|
|2004||179-4||US, Israel, Marshall Islands, Palau|
|2005||182-4||US, Israel, Marshall Islands, Palau|
|2006||183-4||US, Israel, Marshall Islands, Palau|
|2007||184-4||US, Israel, Marshall Islands, Palau|
|2008||185-3||US, Israel, Palau|
|2009||187-3||US, Israel, Palau|
|2012||188-3||US, Israel, Palau|
This year Washington’s policy may be subject to even more criticism than usual due to the widespread recognition of Cuba’s response to the Ebola outbreak in Africa.
Each fall the UN vote is a welcome reminder that the world has not completely lost its senses and that the American empire does not completely control the opinion of other governments.
Speaking before the General Assembly before last year’s vote, Cuban Foreign Minister Bruno Rodriguez declared: “The economic damages accumulated after half a century as a result of the implementation of the blockade amount to $1.126 trillion.” He added that the blockade “has been further tightened under President Obama’s administration”, some 30 US and foreign entities being hit with $2.446 billion in fines due to their interaction with Cuba.
However, the American envoy, Ronald Godard, in an appeal to other countries to oppose the resolution, said:
The international community … cannot in good conscience ignore the ease and frequency with which the Cuban regime silences critics, disrupts peaceful assembly, impedes independent journalism and, despite positive reforms, continues to prevent some Cubans from leaving or returning to the island. The Cuban government continues its tactics of politically motivated detentions, harassment and police violence against Cuban citizens.
So there you have it. That is why Cuba must be punished. One can only guess what Mr. Godard would respond if told that more than 7,000 people were arrested in the United States during the Occupy Movement’s first 8 months of protest in 2011-12 ; that many of them were physically abused by the police; and that their encampments were violently destroyed.
Does Mr. Godard have access to any news media? Hardly a day passes in America without a police officer shooting to death an unarmed person.
As to “independent journalism” – What would happen if Cuba announced that from now on anyone in the country could own any kind of media? How long would it be before CIA money – secret and unlimited CIA money financing all kinds of fronts in Cuba – would own or control most of the media worth owning or controlling?
The real reason for Washington’s eternal hostility toward Cuba has not changed since the revolution in 1959 – The fear of a good example of an alternative to the capitalist model; a fear that has been validated repeatedly over the years as many Third World countries have expressed their adulation of Cuba.
How the embargo began: On April 6, 1960, Lester D. Mallory, US Deputy Assistant Secretary of State for Inter-American Affairs, wrote in an internal memorandum: “The majority of Cubans support Castro … The only foreseeable means of alienating internal support is through disenchantment and disaffection based on economic dissatisfaction and hardship. … every possible means should be undertaken promptly to weaken the economic life of Cuba.” Mallory proposed “a line of action which … makes the greatest inroads in denying money and supplies to Cuba, to decrease monetary and real wages, to bring about hunger, desperation and overthrow of government.”
Later that year, the Eisenhower administration instituted its suffocating embargo against its everlasting enemy.
The United States judging and punishing the rest of the world
In addition to Cuba, Washington currently is imposing economic and other sanctions against Burma, Democratic Republic of the Congo, Iran, China, North Korea, South Korea, United Arab Emirates, Pakistan, Sri Lanka, Switzerland, Turkey, Germany, Malaysia, South Africa, Mexico, South Sudan, Sudan, Russia, Syria, Venezuela, India, and Zimbabwe. These are sanctions mainly against governments, but also against some private enterprises; there are also many other sanctions against individuals not included here.
Imbued with a sense of America’s moral superiority and “exceptionalism”, each year the State Department judges the world, issuing reports evaluating the behavior of all other nations, often accompanied by sanctions of one kind or another. There are different reports rating how each lesser nation has performed in the previous year in areas such as religious freedom, human rights, the war on drugs, trafficking in persons, and sponsors of terrorism. The criteria used in these reports are often political. Cuba, for example, is always listed as a sponsor of terrorism whereas anti-Castro exile groups in Florida, which have committed literally hundreds of terrorist acts over the years, are not listed as terrorist groups or supporters of such.
Cuba, which has been on the sponsor-of-terrorism list longer (since 1982) than any other country, is one of the most glaring anomalies. The most recent State Department report on this matter, in 2012, states that there is “no indication that the Cuban government provided weapons or paramilitary training to terrorist groups.” There are, however, some retirees of Spain’s Basque terrorist group ETA (which appears on the verge of disbanding) in Cuba, but the report notes that the Cuban government evidently is trying to distance itself from them by denying them services such as travel documents. Some members of the Revolutionary Armed Forces of Colombia (FARC) have been allowed into Cuba, but that was because Cuba was hosting peace talks between the FARC and the Colombian government, which the report notes.
The US sanctions mechanism is so effective and formidable that it strikes fear (of huge fines) into the hearts of banks and other private-sector organizations that might otherwise consider dealing with a listed state.
Some selected thoughts on American elections and democracy
In politics, as on the sickbed, people toss from one side to the other, thinking they will be more comfortable.
– Johann Wolfgang von Goethe (1749-1832)
- 2012 presidential election:
223,389,800 eligible to vote
128,449,140 actually voted
Obama got 65,443,674 votes
Obama was thus supported by 29.3% of eligible voters
- There are 100 million adults in the United States who do not vote. This is a very large base from which an independent party can draw millions of new votes.
- If God had wanted more of us to vote in elections, he would give us better candidates.
- “The people can have anything they want. The trouble is, they do not want anything. At least they vote that way on election day.” – Eugene Debs, American socialist leader (1855-1926)
- “If persons over 60 are the only American age group voting at rates that begin to approximate European voting, it’s because they’re the only Americans who live in a welfare state – Medicare, Social Security, and earlier, GI loans, FHA loans.” – John Powers
- “The American political system is essentially a contract between the Republican and Democratic parties, enforced by federal and state two-party laws, all designed to guarantee the survival of both no matter how many people despise or ignore them.” – Richard Reeves (1936- )
- The American electoral system, once the object of much national and international pride, has slid inexorably from “one person, one vote”, to “one dollar, one vote”.
- Noam Chomsky: “It is important to bear in mind that political campaigns are designed by the same people who sell toothpaste and cars. Their professional concern in their regular vocation is not to provide information. Their goal, rather, is deceit.”
- If the Electoral College is such a good system, why don’t we have it for local and state elections?
- “All the props of a democracy remain intact – elections, legislatures, media – but they predominantly function at the service of the oligarchy.” – Richard Wolff
- The RepDem Party holds elections as if they were auctions; indeed, an outright auction for the presidency would be more efficient. To make the auction more interesting we need a second party, which must at a minimum be granted two privileges: getting on the ballot in all 50 states and taking part in television debates.
- The US does in fact have two parties: the Ins and the Outs … the evil of two lessers.
- Alexander Cockburn: “There was a time once when ‘lesser of two evils’ actually meant something momentous, like the choice between starving to death on a lifeboat, or eating the first mate.”
- Cornel West has suggested that it’s become difficult to even imagine what a free and democratic society, without great concentrations of corporate power, would look like, or how it would operate.
- The United States now resembles a police state punctuated by elections.
- How many voters does it take to change a light bulb? None. Because voters can’t change anything.
- H.L. Mencken (1880-1956): “As democracy is perfected, the office represents, more and more closely, the inner soul of the people. We move toward a lofty ideal. On some great and glorious day the plain folks of the land will reach their heart’s desire at last, and the White House will be adorned by a downright moron.”
- “All elections are distractions. Nothing conceals tyranny better than elections.” – Joel Hirschhorn
- In 1941, one of the country’s more acerbic editors, a priest named Edward Dowling, commented: “The two greatest obstacles to democracy in the United States are, first, the widespread delusion among the poor that we have a democracy, and second, the chronic terror among the rich, lest we get it.”
- “Elections are a necessary, but certainly not a sufficient, condition for democracy. Political participation is not just a casting of votes. It is a way of life.” – UN Human Development Report, 1993
- “If you don’t vote, you can’t complain!” I reply, “You have it backwards. If you DO vote, you can’t complain. You asked for it, and they’re going to give it to you, good and hard.”
- “How to get people to vote against their interests and to really think against their interests is very clever. It’s the cleverest ruling class that I have ever come across in history. It’s been 200 years at it. It’s superb.” – Gore Vidal
- We can’t use our democracy/our vote to change the way the economy functions. This is very anti-democratic.
- What does a majority vote mean other than that the sales campaign was successful?
- Roman Emperor Marcus Aurelius: “The opinion of 10,000 men is of no value if none of them know anything about the subject.”
- We do have representative government. The question is: Who does our government represent?
- “On the day after the 2002 election I watched a crawl on the bottom of the CNN news screen. It said, ‘Proprietary software may make inspection of electronic voting systems impossible.’ It was the final and absolute coronation of corporate rights over democracy; of money over truth.” – Mike Ruppert, RIP
- “It’s not that voting is useless or stupid; rather, it’s the exaggeration of the power of voting that has drained the meaning from American politics.” – Michael Ventura
- After going through the recent national, state and local elections, I am now convinced that taxation without representation would have been a much better system.
- “Ever since the Constitution was illegally foisted on the American people we have lived in a blatant plutocracy. The Constitution was drafted in secret by a self-appointed elite committee, and it was designed to bring three kinds of power under control: Royalty, the Church, and the People. All were to be subjugated to the interests of a wealthy elite. That’s what republics were all about. And that’s how they have functioned ever since.” – Richard K. Moore
- “As demonstrated in Russia and numerous other countries, when faced with a choice between democracy without capitalism or capitalism without democracy, Western elites unhesitatingly embrace the latter.” – Michael Parenti
- “The fact that a supposedly sophisticated electorate had been stampeded by the cynical propaganda of the day threw serious doubt on the validity of the assumptions underlying parliamentary democracy as a whole.” – British Superspy for the Soviets Kim Philby (1912-1988), explaining his reasons for becoming a Communist instead of turning to the Labour Party
- US Supreme Court Justice Louis Brandeis (1856-1941): “We may have democracy in this country, or we may have wealth concentrated in the hands of a few, but we cannot have both.”
- “We don’t need to run America like a business or like the military. We need to run America like a democracy.” – Jill Stein, Green Party presidential candidate 2012
- Democracy Now!, October 30, 2013
- Huffingfton Post, May 3, 2012
- Department of State, Foreign Relations of the United States, 1958-1960, Volume VI, Cuba(1991), p.885 (online here)
- For the complete detailed list, see U.S. Department of State, Nonproliferation Sanctions
- U.S. Department of State, “Country Reports on Terrorism 2012, Chapter 3: State Sponsors of Terrorism,” May 20, 2013
15 Reasons Why Americans Think We’re Still in a Recession…
1: Wage Stagnation: Why America’s Workers Need Faster Wage Growth—And What We Can Do About It, Elise Gould, EPI
Economic Policy Institute:
“The hourly compensation of a typical worker grew in tandem with productivity from 1948-1973. …. After 1973, productivity grew strongly, especially after 1995, while the typical worker’s compensation was relatively stagnant. This divergence of pay and productivity has meant that many workers were not benefitting from productivity growth—the economy could afford higher pay but it was not providing it.
Between 1979 and 2013, productivity grew 64.9 percent, while hourly compensation of production and nonsupervisory workers, who comprise over 80 percent of the private-sector workforce, grew just 8.0 percent. Productivity thus grew eight times faster than typical worker compensation…” (EPI)
(Note: Flatlining wages are the Number 1 reason that the majority of Americans still think we’re in a recession.)
2: Most people still haven’t recouped what they lost in the crash: Typical Household Wealth Has Plunged 36% Since 2003, Zero Hedge
“According to a new study by the Russell Sage Foundation, the inflation-adjusted net worth for the typical household was $87,992 in 2003. Ten years later, it was only $56,335, or a 36% decline… Welcome to America’s Lost Decade.
Simply put, the NY Times notes, it’s not merely an issue of the rich getting richer. The typical American household has been getting poorer, too.
The reasons for these declines are complex and controversial, but one point seems clear: When only a few people are winning and more than half the population is losing, surely something is amiss. (chart)”
3: Most working people are still living hand-to-mouth: 76% of Americans are living paycheck-to-paycheck, CNN Money
“Roughly three-quarters of Americans are living paycheck-to-paycheck, with little to no emergency savings, according to a survey released by Bankrate.com Monday.
Fewer than one in four Americans have enough money in their savings account to cover at least six months of expenses, enough to help cushion the blow of a job loss, medical emergency or some other unexpected event, according to the survey of 1,000 adults. Meanwhile, 50% of those surveyed have less than a three-month cushion and 27% had no savings at all…
Last week, online lender CashNetUSA said 22% of the 1,000 people it recently surveyed had less than $100 in savings to cover an emergency, while 46% had less than $800. After paying debts and taking care of housing, car and child care-related expenses, the respondents said there just isn’t enough money left over for saving more.”
4: Millennials are Drowning in Red Ink: Biggest economic threat? Student loan debt, USA Today
“Total student loan debt has grown more than 150% since 2005… We have more than $1.2 trillion of student loan debt…
And while 6.7 million borrowers in repayment mode are delinquent, the sad fact is that many lenders aren’t exactly incentivized to work with borrowers. Unlike all other forms of debt, student loans can’t be discharged in bankruptcy. Moreover, lenders can garnish wages and even Social Security benefits to get repaid…
In 2005 student loans accounted for less than 13% of the total debt load for adults age 20-29. Today, student loans account for nearly 37% of that group’s outstanding debt. Student loan debt’s slice of the total debt pie for the age group nearly tripled! The average loan balance for that age group is now more than $25,500, up from $15,900 in 2005.”
5: Downward mobility is the new reality: Middle-Class Death Watch: As Poverty Spreads, 28 Percent of Americans Fall Out of Middle Class, Truthout
“The promise of the American dream has given many hope that they themselves could one day rise up the economic ladder. But according to a study released those already in financially-stable circumstances should fear falling down a few rungs too. The study… found that nearly a third of Americans who were part of the middle class as teenagers in the 1970s have fallen out of it as adults… its findings suggest the relative ease with which people in the U.S. can end up in low-income, low-opportunity lifestyles — even if they started out with a number of advantages. Though the American middle class has been repeatedly invoked as a key factor in any economic turnaround, numerous reports have suggested that the middle class enjoys less existential security than it did a generation ago, thanks to stagnating incomes and the decline of the industrial sector.”
6: People are more vulnerable than ever: “More Than Half Of All Americans Can’t Come Up With $400 In Emergency Cash… Unless They Borrow“, Personal Liberty
“According to a Federal Reserve report on American households’ “economic well-being” in 2013, fewer than half of all Americans said they’d be able to come up with four Benjamins on short notice to deal with an unexpected expense…
Under a section titled “Savings,” the report notes that “[s]avings are depleted for many households after the recession,” and lists the following findings:
*Among those who had savings prior to 2008, 57 percent reported using up some or all of their savings in the Great Recession and its aftermath.
*39 percent of respondents reported having a rainy day fund adequate to cover three months of expenses.
*Only 48 percent of respondents said that they would completely cover a hypothetical emergency expense costing $400 without selling something or borrowing money.
7: Working people are getting poorer: The Typical Household, Now Worth a Third, New York Times
“The inflation-adjusted net worth for the typical household was $87,992 in 2003. Ten years later, it was only $56,335, or a 36 percent decline, according to a study financed by the Russell Sage Foundation.
Those are the figures for a household at the median point in the wealth distribution — the level at which there are an equal number of households whose worth is higher and lower. But during the same period, the net worth of wealthy households increased substantially….“The housing bubble basically hid a trend of declining financial wealth at the median that began in 2001,” said Fabian T. Pfeffer, the University of Michigan professor who is lead author of the Russell Sage Foundation study.
The reasons for these declines are complex and controversial, but one point seems clear: When only a few people are winning and more than half the population is losing, surely something is amiss.”
8: Most people can’t even afford to get their teeth fixed: 7 things the middle class can’t afford anymore, USA Today
“A vacation is an extra expense that many middle-earners cannot afford without sacrificing something else. A Statista survey found that this year 54% of people gave up purchasing big ticket items like TVs or electronics so they can go on a vacation. Others made sacrifices like reducing or eliminating their trips to the movies (47%), reducing or eliminating trips out to restaurants (43%), or avoiding purchasing small ticket items like new clothing (43%).
3–To pay off debt…
According to the U.S. Department of Health and Human Services, “the U.S. spends about $64 billion each year on oral health care — just 4% is paid by Government programs.” About 108 million people in the U.S. have no dental coverage and even those who are covered may have trouble getting the care they need, the department reports.”
9: The good, high-paying jobs have vanished: Recovery Has Created Far More Low-Wage Jobs Than Better-Paid Ones, New York Times
“The deep recession wiped out primarily high-wage and middle-wage jobs. Yet the strongest employment growth during the sluggish recovery has been in low-wage work, at places like strip malls and fast-food restaurants.
In essence, the poor economy has replaced good jobs with bad ones. That is the conclusion of anew report from the National Employment Law Project, a research and advocacy group, analyzing employment trends four years into the recovery.
“Fast food is driving the bulk of the job growth at the low end — the job gains there are absolutely phenomenal,” said Michael Evangelist, the report’s author. “If this is the reality — if these jobs are here to stay and are going to be making up a considerable part of the economy — the question is, how do we make them better?”
10: More workers are throwing in the towel: Labor Participation Rate Drops To 36 Year Low; Record 92.6 Million Americans Not In Labor Force, Zero Hedge
“For those curious why the US unemployment rate just slid once more to a meager 5.9%, the lowest print since the summer of 2008, the answer is the same one we have shown every month since 2010: the collapse in the labor force participation rate, which in September slid from an already three decade low 62.8% to 62.7% – the lowest in over 36 years, matching the February 1978 lows. And while according to the Household Survey, 232,000 people found jobs, what is more disturbing is that the people not in the labor force, rose to a new record high, increasing by 315,000 to 92.6 million!
Bottom line: Unemployment has gone down because more people aren’t working and have fallen off the radar.”
11: Nearly twice as many people still rely on Food Stamps than before the recession: Food-stamp use is falling from its peak, Marketwatch
“Food-stamp use is finally moving away from the peak. At 46.1 million people, total food-stamp usage is down about 4% from its high in December 2012 of 47.8 million. Only eight states in March (the latest data available) were up from the same month of 2013.
It’s still not great news, however, considering there were 26.3 million people receiving food stamps in 2007…”
12: The ocean of red ink continues to grow: American Household Credit Card Debt Statistics: 2014, Nerd Wallet Finance
Nerd Wallet Finance:
U.S. household consumer debt profile:
*Average credit card debt: $15,607
*Average mortgage debt: $153,500
*Average student loan debt: $32,656
In total, American consumers owe:
*$11.63 trillion in debt
*An increase of 3.8% from last year
*$880.5 billion in credit card debt
*$8.07 trillion in mortgages
*$1,120.3 billion in student loans
*An increase of 11.5% from last year
13: No Recovery for working people: The collapse of household income in the US, World Socialist Web Site
“The US Federal Reserve’s latest Survey of Consumer Finances, released last Thursday, documents a devastating decline in economic conditions for a large majority of the population during the so-called economic recovery.
The report reveals that between 2007 and 2013, the income of a typical US household fell 12 percent. The median American household now earns $6,400 less per year than it did in 2007.
Source: Federal Reserve Survey of Consumer Finances
Much of the decline occurred during the “recovery” presided over by the Obama administration. In the three years between 2010 and 2013, the annual income of a typical household fell by an additional 5 percent.
The report also shows that wealth has become even more concentrated in the topmost economic layers. The wealth share of the top 3 percent climbed from 44.8 percent in 1989 to 54.4 percent in 2013. The share of wealth held by the bottom 90 percent fell from 33.2 percent in 1989 to 24.7 percent in 2013.”
14: Most people will work until they die: The Greatest Retirement Crisis In American History, Forbes
“We are on the precipice of the greatest retirement crisis in the history of the world. In the decades to come, we will witness millions of elderly Americans, the Baby Boomers and others, slipping into poverty.
Too frail to work, too poor to retire will become the “new normal” for many elderly Americans.
That dire prediction… is already coming true. Our national demographics, coupled with indisputable glaringly insufficient retirement savings and human physiology, suggest that a catastrophic outcome for at least a significant percentage of our elderly population is inevitable. With the average 401(k) balance for 65 year olds estimated at $25,000 by independent experts …the decades many elders will spend in forced or elected “retirement” will be grim…
The signs of the coming retirement crisis are all around you. Who’s bagging your groceries: a young high school kid or an older “retiree” who had to go back to work to supplement his income or qualify for health insurance?”
15: Americans are more pessimistic about the future, Polling Report
According to a CNN/ORC Poll May 29-June 1, 2014:
“Do you agree or disagree? The American dream has become impossible for most people to achieve.”
According to a NBC News/Wall Street Journal Poll conducted by the polling organizations of Peter Hart (D) and Bill McInturff (R). April 23-27, 2014:
“Do you agree or disagree with the following statement? Because of the widening gap between the incomes of the wealthy and everyone else, America is no longer a country where everyone, regardless of their background, has an opportunity to get ahead and move up to a better standard of living.”Agree: 54%
Also, according to a CBS News Poll. Jan. 17-21, 2014. N=1,018 adults nationwide.
“Looking to the future, do you think most children in this country will grow up to be better off or worse off than their parents?”Better off: 34%
Worse off: 63%
The majority of people in the United States, no longer believe in the American dream, or that America is the land of opportunity, or that their children will have a better standard of living than their own. They’ve grown more pessimistic because they haven’t seen the changes they were hoping for, and because their lives are just as hard as they were right after the crash. In fact, according to a 2014 Public Religion Research Institute poll– 72 percent of those surveyed said they think “the economy is still in recession.”
Judging by the info in the 15 links above, they’re probably right.
“Financial markets are faced with uncertainty that isn’t going away. The slowdown in Europe is probably in the early innings, the Fed hasn’t begun to raise interest rates, and geopolitical crises seem to pop up by the day.” Jeff Cox, Finance editor, CNBC
Six years of zero rates and trillions of dollars of asset purchases couldn’t stop stocks from falling sharply on Wednesday. All three major indices moved deep into the red, with the Dow Jones leading the pack, dropping an eye-watering 460 points before rebounding nearly 300 points by the end of the session. Risk-free assets, particularly US Treasuries, rallied hard on the flight-to-safety move with the benchmark 10-year Treasury yield slipping to a Depression era 1.87 percent before climbing back above the 2 percent mark. US financials were the worst hit sector, taking it on the chin for 9 percent by mid-day, while Brent crude was soundly walloped, falling to a 47-month low on oversupply and deflation fears. Stock market gains for the year had nearly been wiped out before a miraculous about-face turned Armageddon into a so-so day with survivable losses. Even so, analysts have already started paring back their estimates for 4th quarter growth while traders stocked up on antacid for Thursday’s opening bell.
The proximate cause of Wednesday’s bloodbath was weaker than expected economic data from Europe–which is sliding towards its third recession in five years– droopy retail sales in the US, and a report from Department of Labor showing that wholesale prices for producers are edging closer towards deflation, the opposite of what the Fed is trying to achieve via its aggressive monetary policy.
But the real trigger for the selloff was not the dismal data, but the policies that have been in place since the Financial Crisis of 2008. While the Obama administration has steadily decreased demand by shaving the deficits which provide vital fiscal stimulus for the economy, (On Wednesday, the USG announced the budget deficit fell to $483 billion, the lowest since 2008) the Federal Reserve has been providing trillions of dollars of cheap money to the banks and brokerages. The result of this one-two combo has not only been the biggest transfer of wealth in human history, but also “a fundamental breakdown in the functioning of the global capitalist economy.” As the International Monetary Fund (IMF) noted in a recent paper on the global recovery: “a pickup in investment has not yet materialized…reflecting concerns about low medium-term growth potential and subdued private consumption.” Demand shortfalls in the advanced countries “could lead to sustained global economic weakness over a five-year period.” (IMF report records global economic breakdown, Nick Beams, World Socialist Web Site)
Simply put: The Fed’s policies have made investors richer, but they haven’t created opportunities for recycling profits, which is a critical part of capitalism’s so called virtuous circle. Anemic investment, means less hiring, less spending, weaker demand and slower growth, all of which are visible in today’s sluggish, underperforming economy. Pumping money into financial assets (QE) can fatten the bank accounts of rich speculators, but it doesn’t do jack for the economy. It just creates bubbles that burst in a flurry of panic selling. Here’s more from Larry Elliot at the Guardian:
“Six years after the global banking system had its near-death experience, interest rates are still at emergency levels. Even attaining the mediocre levels of activity expected by the IMF in the developed countries requires central banks to continue providing large amounts of stimulus. The hope has been that copious amounts of dirt-cheap money will find its way into productive uses, with private investment leading to stronger and better balanced growth.
It hasn’t happened like that. Instead, as the IMF rightly pointed out, the money has not gone into economic risk-taking but into financial risk-taking. Animal spirits of entrepreneurs have remained weak but asset prices have been strong. Tighter controls on banks have been accompanied by the emergence of a powerful and largely unchecked shadow banking system. Investors have been piling into all sorts of dodgy-looking schemes, just as they did pre-2007. Recovery, such as it is, is once again reliant on rising debt levels. Central bankers know this but also know that jacking up interest rates would push their economies back into recession. They cross their fingers and hope for the best.” (World leaders play war games as the next financial crisis looms, Larry Elliot, Guardian)
The policies implemented by the Obama administration and Fed have achieved precisely what they were designed to achieve; they’ve enriched the voracious plutocrats who run the system but left everyone else scraping by on less and less. An article in the Washington Post explains what’s going on in greater detail. Here’s a short excerpt from the piece titled “Why is the recovery so weak? It’s the austerity, stupid”:
“Welcome to Austerity U.S.A., where the deficit is back below 3 percent of GDP and growth is still disappointing—which aren’t unrelated facts.
It started when the stimulus ran out. Then state and local governments had to balance their budgets amidst a still-weak economy. And finally, there was the debt ceiling deal with its staggered $2.1 trillion of cuts over the next decade. Add it all up, and there’s been a big fiscal tightening the past few years, something like 4 percent of potential GDP. Indeed, as Paul Krugman points out, real government spending per capita has been falling faster now than any time since the Korean War demobilization. (chart)
Fiscal Impact Measure
Source: Hutchins Center
And, as you can see above, all this austerity has been hurting GDP growth since 2011. It shows the Hutchins Center’s new “fiscal impact measure,” which looks at how much total government tax-and-spending decisions have helped or harmed growth. The dark blue line is what policy has actually done, and the light blue one is what a neutral policy would have done. So, in other words, if the dark blue line is below the light blue one, like it has the last three years, then policy has subtracted from growth.” (Why is the recovery so weak? It’s the austerity, stupid. Washington Post)
By cutting the deficits, Obama reduced the blood flow to the real economy and weakened demand. That’s what torpedoed the recovery. In contrast, stocks and bonds have done remarkably well, mainly because the Fed pumped $4 trillion into financial assets which was a taken as a greenlight by risk takers everywhere to load up on everything from overpriced equities to low-yield junk. Now, after more than three years without as much as a 10 percent correction, the momentum has shifted, volatility has returned, earnings are looking wobbly, and the fear is palpable. Stocks appear to be headed for a major repricing event. Here’s how investment guru John Hussman sums it up in his Weekly Market Comment:
“Our concerns at present mirror those that we expressed at the 2000 and 2007 peaks, as we again observe an overvalued, overbought, overbullish extreme that is now coupled with a clear deterioration in market internals, a widening of credit spreads, and a breakdown in our measures of trend uniformity…
…it has become urgent for investors to carefully examine all risk exposures. When extreme valuations on historically reliable measures, lopsided bullishness, and compressed risk premiums are joined by deteriorating market internals, widening credit spreads, and a breakdown in trend uniformity, it’s advisable to make certain that the long position you have is the long position you want over the remainder of the market cycle. As conditions stand, we currently observe the ingredients of a market crash.” (The Ingredients of a Market Crash, John P. Hussman, Ph.D., Hussman Funds)
Sounds ominous, doesn’t it? And Hussman is not alone either. The bearish mood on Wall Street is gaining pace even among those who focus more on geopolitical issues than fundamentals, like the Bank for International Settlements’ Guy Debelle who said in an interview on CNBC on Tuesday that he was concerned about the possibility of a “violent” market drop, particularly in bonds.
“If I had told you that there were heightened tensions in the Middle East and Eastern Europe, uncertainty about the turning point in U.S. monetary policy, a succession of strong U.S. job numbers, uncertainty about the future direction of policy in Europe and Japan, as well as increased concern about the strength of the Chinese economy, you would not be expecting that to make for a benign time in financial markets,” Guy Debelle of the BIS said. “But that is what we have seen for much of this year.” (CNBC)
But stocks aren’t cratering because of tensions in the Middle East or Eastern Europe. That’s baloney. And they’re not falling because of decelerating global growth, plunging oil prices or Ebola. They’re falling because no one knows what the heck is going to happen when QE stops at the end of October. That’s what has everyone in a lather.
Keep in mind, that 20 percent of the current market cap (more than $4 trillion) is stock buybacks, that is, corporations that have bought their own shares to juice prices. Do you really think that corporate bosses are going to play as fast and loose after the Fed stops its liquidity injections?
Not on your life. They’re going to pull in their horns and see what happens next. And if things go sideways, (which they very well could) they’re going to cash in and call it a day. That’s going to drive down stock prices and send markets reeling.
Stocks have nearly tripled since March 2009 when the Fed started this “credit easing” fiasco. So if stocks rode higher on an ocean of Fed liquidity, then how low are they going to go when the spigot is turned off? There are some, like technical strategist Abigail Doolittle, who think the S and P 500 could suffer a major heart attack, dropping as much as 60 percent before equities touch down. Check it out from CNBC:
“(Abigail) Doolittle, founder of Peak Theories Research, has made headlines lately suggesting a market correction worse than anyone thinks is ahead. The long-term possibility, she has said, is a 60 percent collapse for the S&P 500.
In early August, Doolittle was warning both of a looming “super spike” in the CBOE Volatility Index as well as a “death cross” in the 10-year Treasury note.
And so it’s come to pass at least for the VIX, which has jumped 74 percent over the past three months and crossed the 20 threshold that historically has served as a dividing line between complacency and fear. That’s its highest level in nearly two years. From Doolittle’s perspective, the spike represents a bad-news/bad-news scenario … that the near-term selling action is likely to continue and even accelerate…
…she thinks “violent waves of selling action” could send the VIX all the way to 90—even beyond its peak during the financial crisis.” (CNBC)
Now maybe Doolittle is just exaggerating or paranoid, but her conclusions do seem to square with CNN Money. Here’s a clip from yesterday’s article:
“CNNMoney’s Fear & Greed Index is a good indicator of market momentum. Today it hit zero. That’s a huge red flag and showcases extreme fear in the stock market. The only other time the index ever touched that low point is in August 2011 — shortly after Standard & Poor’s downgraded the U.S. debt.
Volatility — or what some are calling “market whiplash” — is clearly back in the market. The VIX, an index that measures volatility and is one of the factors that goes into the Fear & Greed Index — spiked again today. It’s up a whopping 60% in the past week alone.” (Extreme Fear in stock market, CNN Money)
So fear and volatility are back, but liquidity has suddenly gone missing. That sounds like a prescription for disaster to me. So what can we expect in the weeks to come?
Well, more of the same, at least that’s how Pimco’s former chief executive officer Mohamed El Erian sees it. Here’s how he summed it up on Wednesday in a Bloomberg editorial:
“Though unlikely to be as dramatic as today, market volatility can be expected to continue in the days and weeks to come as two forces compete: first, the forced deleveraging of certain investors, particularly overstretched hedge funds registering big October losses; second, central banks scrambling to say all sorts of reassuring things. All of this will serve to reinforce October’s longstanding reputation as a threatening month for investors around the world.” (October’s Wild Ride Isn’t Over Yet, Mohamed A. El-Erian, Bloomberg)
Did he say “forced deleveraging”?
Uh huh. So, after a 6 year bacchanal, the Fed is finally going to take away the punch bowl and force the revelers to pay down their debts, clean up their balance sheets, and take a few less risks. Is that it?
Yep. It sure looks like it. But, that could change in the blink of an eye, after all, the Fed has its friends to think of. Which means that Ms. Yellen could announce QE4 any day now.
The ISIS siege of Kobane continued overnight while cities across Turkey were set ablaze by Kurdish protestors. At least 19 civilians were killed by Turkish riot police who were trying to disperse angry crowds that had gathered to protest the government’s unwillingness to defend the predominantly Kurdish city. According to Hurriyet, “The worst violence was seen in Diyarbakır during a reported gunfight between the Kurdistan Workers Party (PKK) supporters and Hizbullah, a radical Islamist group whose members are mostly Kurdish and who allegedly aided the state in the torture and killing of Kurdish activists in the 1990s.” (Hurriyet)
Although the Turkish Parliament approved a measure to allow the government to carry out cross-border attacks on ISIS, President Recep Tayyip Erdogan has not yet ordered its tanks and troops into battle. Erdogan has been dragging his feet so that ISIS will prevail over Kobane’s Kurdish fighters thus ending their struggle for autonomy and independence. This is why the reaction among Turkish Kurds has been so ferocious; it’s because Erdogan is using the Sunni radicals as a proxy army to batter the Kurds into submission. A scathing op-ed in last night’s Hurriyet summarized Erdogan’s tacit support for ISIS like this:
“Naturally, one has to ask who fathered, breastfed and nourished these Islamist terrorists in hopes and aspirations of creating a Sunni Muslim Brotherhood Khalifat state? Even when Kobane and many Turkish cities were on fire, did not the Turkish prime minister talk in his interview with CNN about his readiness to order land troops into the Syrian quagmire if Washington agreed to also target al-Assad?
This is a dirty game….” (Editorial, “Kobane and Turkey are Burning“, Hurriyet Daily News)
This is true, Turkey has “fathered, breastfed and nourished” Sunni extremism which is what makes the country a particularly untrustworthy ally in a war intended to defeat ISIS. According to author Nafeez Ahmed:
“With their command and control centre based in Istanbul, Turkey, military supplies from Saudi Arabia and Qatar in particular were transported by Turkish intelligence to the border for rebel acquisition. CIA operatives along with Israeli and Jordanian commandos were also training FSA rebels on the Jordanian-Syrian border with anti-tank and anti-aircraft weapons. In addition, other reports show that British and French military were also involved in these secret training programmes. It appears that the same FSA rebels receiving this elite training went straight into ISIS – last month one ISIS commander, Abu Yusaf, said, “Many of the FSA people who the west has trained are actually joining us.”
(“How the West Created the Islamic State“, Nafeez Ahmed, CounterPunch
Then there’s this from Tuesday’s USA Today:
“Militants have funneled weapons and fighters through Turkey into Syria. The Islamic State and Jabhat al-Nusra, an al-Qaeda affiliate in Syria, have networks in Turkey….
Turkish security and intelligence services may have ties to Islamic State militants. The group released 46 Turkish diplomats it had abducted the day before the United States launched airstrikes against it. Turkey, a NATO member, may have known the airstrikes were about to begin and pressured its contacts in the Islamic State to release its diplomats.
“This implies Turkey has more influence or stronger ties to ISIS than people would think,” Tanir said.”
(“5 reasons Turkey isn’t attacking Islamic State in Syria”, USA Today)
So while the connection between ISIS and Turkish Intelligence remains murky, it’s safe to say there is a connection which makes Turkey an unreliable partner in a prospective war against the same group. So why is Erdogan so eager to lead the charge into Syria?
It’s because Erdogan thinks he can use ISIS as cover for his real objective, which is seize Damascus, topple Assad and replace him with a Sunni stooge who will tilt in Ankara’s direction. This is from a post by Stratfor at Zero Hedge:
“This is why Turkey is placing conditions on its involvement in the battle against the Islamic State: It is trying to convince the United States and its Sunni Arab coalition partners that it will inevitably be the power administering this region. Therefore, according to Ankara, all players must conform to its priorities, beginning with replacing Syria’s Iran-backed Alawite government with a Sunni administration that will look first to Ankara for guidance.” (“Turkey, The Kurds And Iraq – The Prize & Peril Of Kirkuk”, zero hedge)
So this is why Turkey wants to spearhead the invasion into Syria, so it can expand its power in the region?
It appears so, but there’s more to it than just that. As is true with most conflicts in the Middle East, oil is also a major factor. The Turks expect to be big players in the regional energy market after Assad is removed and pipeline corridors are established from the giant South Pars/North Dome gas field off Qatar. The pipeline will run from Qatar, to Iraq, to Syria and on to Turkey, providing vital supplies for the voracious EU market. There are also plans for an Israel to Turkey pipeline accessing gas from the massive Leviathan gas field located off the coast of Gaza. Both of these projects will strengthen Turkey’s flagging economy as well as bolster its stature and influence in the region.
Naturally, the allure of wealth and power has been a decisive factor in shaping Ankara’s Syria policy. But there’s a good chance that Erdogan’s strategy will backfire and Turkey will get bogged down in a protracted conflict in which there are no clear winners and no easy way out. In this respect, Erdogan follows a long line of equally aggressive leaders whose ambitions clouded their judgment precipitating their downfall. Only a fool would think that Syria will be a cakewalk.
Turkey has made it clear that it will not go-it-alone in Syria. According to CNN report on Thursday:
“Turkey’s foreign minister insisted Thursday that it is not “realistic” for the world to expect it alone to launch a ground operation against ISIS, even as a monitoring group said the extremists had seized a chunk of a key battleground town near its border.” (CNN)
Erdogan wants US support although, so far, he has not stipulated whether that means ground troops or not. He has said repeatedly, however, that bombing ISIS from the air won’t achieve their purpose. And even on that score, the US has been AWOL. So far, the US has launched a mere six aerial attacks on ISIS positions on the outskirts of the city, not nearly enough to deter battle-hardened jihadis from pressing deeper into Kurdish territory. Could it be that Obama made a deal with Erdogan to allow Kobane to be overrun in exchange for concessions on the use of Turkish military bases that will be used to carry out attacks on Syria?
It could be, although there’s no way of knowing for sure. What’s clear is that Obama doesn’t really care what happens to the Kurds in Kobane or not. What matters to Obama is toppling Assad and replacing him with a US puppet. The death of innocent civilians at the hands of homicidal maniacs doesn’t even factor into Washington’s calculations. It’s just more grist for the mill. Now check out this excerpt from an article by Patrick Cockburn:
”The leader of the (Kurdish) PYD, Salih Muslim, is reported to have met officials from Turkish military intelligence to plead for aid but was told this would only be available if the Syrian Kurds abandoned their claim for self-determination, gave up their self-governing cantons, and agreed to a Turkish buffer zone inside Syria. Mr Muslim turned down the demands and returned to Kobani.” (ISIS on the Verge of Victory at Kobani”, Patrick Cockburn, Counterpunch)
Is this blackmail or what? Doesn’t this explain why Kurds are rioting and setting buildings ablaze across Turkey? How would you react, dear reader, if your people were told to either ‘Give up your dreams of independence or face a violent death at the hands of religious fanatics’? Would you think that was an unreasonable demand?
Erdogan wants to defeat the Kurdish fighters in Kobane and put an end to Kurdish nationalism. And he doesn’t care how he does it.
Keep in mind, that just this week, Turkish Prime Minister Ahmet Davutoglu said in a CNN interview that the US must agree that Assad will be removed before Turkey will commit ground troops to the war against ISIS. To his credit, Obama has not yet agreed to Erdogan’s terms although pressure in Congress and the media is steadily building. And this is just one of Erdogan’s many demands. He also wants the US to implement a no-fly zone over Syria and to create buffer zone along the Turkish border. In exchange, Turkey will provide boots on the ground and the use of its military bases. The US can expect to pay a heavy price for Turkey’s help in Syria.
OBAMA: “Don’t do stupid shit”
US policy towards Syria is not yet set in stone, in fact, the Obama administration appears to be in a state of turmoil. It could be that Obama’s chief advisors see the potential pitfalls of an invasion of Syria or of persisting with the same lame policy of arming, training and funding Islamic radicals. Or it could it be that the administration doesn’t want to team up with an unreliable ally like Turkey whose Intel agencies have helped create the present crisis? Or it could simply be that Obama has decided to follow his own advice and “Don’t do stupid shit”. Whatever the reason, the administration seems to be vacillating on the way forward.
One can only hope that Obama will grasp the inherent risks of the poring more gas on the Middle East, reject the orders of his deep state handlers, and seek a peaceful solution to the crisis in Syria. That, of course, would require cooperation with Syria’s allies, Russia and Iran, to settle on a way to defeat the jihadis, strengthen Syria’s sovereign control over its own territory, and restore peace across the country. No doubt Assad would be more than willing to make democratic concessions if he believed it would save his country from the destruction of a full-blown war.
As our society bounces down ward, flowing this way now and that way a little later, it is difficult to pinpoint exactly what is happening until it has already overwhelmed us.
Almost everyone now knows that football stars Ray Rice and Adrian Peterson are guilty of violence within their families; a video shows Rice knocking his wife unconscious and dragging her out of an elevator. Pictures of Adrian Peterson’s ten year of son with red switch welts on his back and legs have been widely circulated. Both are being disciplined by the National Football League.
Another one that still sticks in my mind happened way back in 1988, Dimetrios Georgios Synodinos (Jimmy the Greek Snyder), a popular 12 year employee of the CBS network was fired for contending at a lunch with TV reporter Ed Hoteling that African Americans were superior athletes because during slavery they had been bred to produce superior physical characteristics.
In July 2002 Phil Donahue, following a record 26 year stint of staring in his own show, returned to TV on MSNBC. His show was an immediate success but was terminated in slightly over six months ostensibly for opposing the Iraq War.
In 2003, Pulitzer Prize winner Peter Arnett was fired by NBC for spreading factual information about the Iraq war.
In 2004, Paul Craig Roberts was banned from the mainstream media for the crime of being critical of the George W. Bush Administration and the war in Iraq.
On January 26, 2009 Juan Williams was separated from National Public Radio for making this comment about First Lady Michelle Obama, “Michelle Obama, you know, she’s got this Stokely Charmichael in a designer dress thing going. If she starts talking…her instinct is to start with this blame America, you know, I’m the victim. If that stuff starts coming out, people will go bananas and she’ll go from being the new Jackie O to being something of an albatross”.
In 2007, Don Imus, pre-eminent New York radio shock-jock, for a flippant racial reference to a Rutgers Women’s Basketball player was fired in the syrupy sweet jargon of the lily white president of CBS, Leslie Moonves, who intoned “From the outset, I believe all of us have been deeply upset and revulsed by the statements that were made on our air about the young women who represented Rutgers University in the NCAA Women’s Basketball Championship with such class, energy and talent. There has been much discussion of the effect language like this has on our young people, particularly young women of color trying to make their way in this society. That consideration has weighed most heavily on our minds as we made our decision.”
In 2010, Lebanese journalist Octavia Nasr, a 20 year employee of CNN was fired for expressing admiration for fellow Lebanese Shiite cleric Ayatollah Mohammed Hussein Fadlallah after she read his obituary.
In 2013 Paula Deen, a popular chef on the Food Channel, was summarily dismissed. A law suit by a Black employee for sexual harassment and discrimination resulted in her admission that she had used racial slurs in the past. Perfuse apologies were useless.
Crystal Dixon was dismissed from her job at the University of Toledo for expressing this bit of sound logic in a letter to the editor of a local paper. “I take great umbrage at the notion that those choosing the homosexual lifestyle are ‘civil rights victims.’ Here’s why. I cannot wake up tomorrow and not be a black woman,” she wrote. “I am genetically and biologically a black woman and very pleased to be so as my Creator intended. Daily, thousands of homosexuals make a life decision to leave the gay lifestyle evidenced by the growing population of PFOX (Parents and Friends of Ex Gays) and Exodus International just to name a few.”
In 2014, Bob Eschliman, a Christian, lost his job as editor of the Newtown Daily News, an Iowa periodical, for criticizing the Queen James Bible Website. He was fired and publically castigated for expressing his opinion.
Additional examples of politically incorrect dismissals abound.
Some of these excoriations were at least partially a result of other behavior that offended the power structure. Jimmy the Greek once punched Brent Musburger in the face for calling him stupid. They were bitter enemies. He also brought Phyllis George to tears by insulting her husband. As popular as he was he did not fit into the media social structure.
Roger Goodell is a lonely Gentile in the midst of major sport commissioners. There may be an effort to replace him by criticizing his performance. Adrian Peterson is a professing Christian Any Christian is fair game.
When Phil Donahue joined NBC in 2002 Chris Matthews fancied himself the heart of the station. Matthews did not like the Donahue Show – it drew a larger audience and pursued peace. He was pro-war and also enjoyed and ethnic advantage.
Peter Arnette was just too honest to survive in the media sea of deception.
Paul Craig Roberts is a thinker, writer, and researcher. He is one of our nation’s most talented individuals but the American Media is monolithic and does not allow deviation from its unwritten and unacknowledged laws. Criticizing war and seeking peace when they support war and death is an affront to their superior agenda.
Juan Williams may have touched on a hidden truth with a conservative type statement. Either or both are no, nos. He is Black and is working again but if a White man had made the same statement he would be banned for life.
Don Imus referred to the Rutgers lady basketball players as “nappy-headed hos”, a racial slur against a race that is sacrosanct in press and media circles. He had friends that got him his job back.
Octavia Nasr expressed admiration for an enemy of the power elite. We must love what they love and hate what they hate.
Paula Deen’s situation was similar to that of Jimmy the Greek. Though she had a popular show and was herself a success story her family was a bit crude for the elite social structure.
Homosexuality is an idol of a high order in the educational hierarchy. Even though Crystal Dixon is Black, pointing in clear logic to the absurdity of comparing civil rights for Blacks to civil rights for homosexuals was unacceptable to the meritocratic humbugs at her university. Of course her reference to and tacit support of Christian organizations is damnable all by itself.
Christians are still naïve about the hate their religion engenders in those that control our press and media. Bob Eschliman found out.
When the powerful purveyors of news and entertainment forsook the Law given them by erstwhile religion they opened the door to the tyranny of their own power. They are now the determiners of good and evil within their sizeable dominions. Morality is now an arbitrary doctrine enforced by raw power.
We might blame the leadership which owns and controls most of the world’s press and media but that leadership is being supported by millions of American Christians and validated by others who support Zionism.
Humanism is the religion of the day. The oligarchs think of themselves as a superior race endowed with authority to exert their will on the world with physical force. They will use Evangelicals who support their wars but they will not abide God’s legal structure.
Questioning the authenticity of 9/11 or the validity of the War in the Middle East is not allowed. Conspiracy talk is squelched as is criticism of Blacks, Jews, The Media, the Iraq War, homosexuality and lesbianism. Christianity can be lambasted but never extolled or promoted. Even if the dismissal is a result of other behavior the elite power structure will look for one of the key “no noes” to re-enforce fear of future infractions.
Law is what the power elite say it is. Justice is a result of abiding by the immutable Law of our Creator – it has vanished from most of the earth. War and chaos have replaced justice and peace.
“To Learn who rules over you simply find out who you are not allowed to criticize.” Attributed to Voltaire
Norman Rockwell’s America carried incredible nostalgia for the way this country once operated. “Father Knows Best” captured our understanding of “family” in America. Jackie Gleason on the “Honeymooners” along with Andy Taylor and Barney Fife instilled our mutual belonging. Bill Cosby brought us together with the “Cosby Show.” Everyone spoke English and everyone enjoyed employment and hope.
From the 50s to the 70s, most people worked a job, our Congress made laws to ensure our well-being along with a viable nationhood. Even with our racial strife, women’s rights, gay rights and battles over Roe vs. Wade—America allowed every citizen the right to pursue “Life, liberty and the pursuit of happiness.”
After my latest bicycle journey across America this summer, we unknowingly bear witness to the greatest racial and demographic shift ever self-inflicted on one country in the history of the world. By 2042, the Pew Research Center reports that the current European-American majority (down from 90 percent in 1960 to 54 percent in 2014) faces the new Latino majority within 28 years. All of it created by endless legal and illegal immigration.
During the next 36 years, Americans face an added 100 million legal immigrants from 150 countries around the globe. They stream into America at blinding speed via our invitations, chain migration and birth rates. How can we equate adding 100 million immigrants? Answer: that number equates to doubling the size of our 25 most populated cities. It means New York City jumps from 8.3 million to 16.6 million, Chicago from 5.1 million to 10.2 million and on down the line.
What does such an immigration invasion mean to our communities? Our way of life? Our quality of life? Our standard of living? Our environment? Our educational systems?
Answer: as the numbers rise to that 100 million level, everything in our society degrades, devolves, degenerates and worsens.
You cannot stop a fire by spraying gasoline on it. You can’t solve California’s drought or wildfires by adding another 20 million foreigners to that state via immigration. We cannot EVER catch up to exponential growth because it outruns our ability to solve its endemic and systemic consequences.
And, oxymoronically, we can’t solve our predicament by passing S744 Amnesty Bill that doubles legal immigration to 2.0 million annually.
What’s the final equation? Since I traveled through dozens of third world countries in the last 40 years, I noticed they couldn’t solve their problems, either. They face(d) horrific food and water contamination, disease and shortages. Just look at Ebola in Africa along with AIDS that killed 15 million thus far. Their citizens face endless illiteracy because they can’t install a viable educational system. They face conflict over resources.
As you notice in such areas as Iraq, Afghanistan, Haiti, Mexico, Brazil, China, India, Bangladesh, Indochina, Congo, Ethiopia, Somalia and dozens of other countries—you see continual religious, resource, food and water conflicts.
That’s where the United States of America steams. You can see it in our ethnic conflicts today whether Ferguson, MO riots, Chicago featuring 50 gun fights over the 4th of July weekend, black on black killings into the tens of thousands over the past several decades, 76 percent dropout/flunkout rates for Detroit public schools, which creates over 60 percent illiteracy rates. Illiteracy remains the key indicator of a third world country. Once it takes hold, it becomes intractable.
One look at our welfare system shows 68 percent of African-American children reared by a single mother on welfare. We feed 48 million Americans and non-Americans with EBT or food stamps. We see a complete breakdown of our middle class with no way to fight joblessness, futility or obesity caused by illiteracy. Right now, obesity explodes as a national epidemic of health care nightmares for our citizens.
Question: how do you think any of our current sociological, environmental, water, energy, racial and growing religious strife can or will get better. With those 100 million legal immigrants, you may expect to see an increase of Muslims in our country from 7.5 million to well over 20-30 million by 2050. Sociologists reported that once Islam reaches 8 percent of the host nation’s population, they become violent, arrogant and use the system to back the host country down to agree to Sharia Law. Notice the riots in Sweden and two separate London’s. Look at France’s nightmare. Sharia law stands against every Western sensibility for women’s rights, gays’ rights, free speech, education, marriage choices and religious choice. Note that hundreds of Muslim-Americans signed up to join terrorists groups in the Middle East. What happens when they turn their terror toward us?
Australia discovered a major plot fomented by citizen Muslims to commit beheadings in the streets of Sydney this summer. If you think I am kidding, watch this short video:
Published on Sep 18, 2014: More than 800 Police in Australia have carried out anti-terror raids in Sydney (12 suburbs) sparked by intelligence reports that Islamic extremists were planning random killings (beheadings) in Australia:https://www.youtube.com/watch?v=V0ctrDnM__4
Additionally, look for three major languages to create major chaos and loss of our national ethos in the coming decades. Look for linguistic confusion and separation from being a citizen of the United States because you speak Arabic, Spanish or English. In the end, we face becoming a nation of strangers.
What solutions might we enact to save ourselves?
- Immediate reduction of all legal immigration to less than 100,000 annually instead of the current 100,000 every 30 days from 150 countries around the globe.
- Immediate enforcement of our current work, rent and transport laws against employers of anyone illegally in the USA.
- Immediate discussion on “60 Minutes”; “Face the Nation” ; “Meet the Press” ; Charlie Rose; NBC, CBS, FOX, ABC, CNN, Bill O’Reilly, Wolf Blitzer, Shepard Smith, Megyn Kelley and all talk radio shows on how many people can our country hold and what’s the point of adding another 100 million foreigners when we already face enormous problems with what we currently hold.
- Millions of Americans need to join www.NumbersUSA.org; www.CapsWeb.org and www.Fairus.org and www.TheSocialContract.com in order to grow you strength via collective empowerment.
Otherwise, we keep heading where we’re headed. And, we’ll end up just like any third world country. Crowded, scant opportunities, lack of education, water shortages, energy crisis, religious conflict, environmental degradation and worse. It’s inevitable if we fail to stop mass immigration. I am amazed that I am the only US journalist who sees this monster so clearly, yet I see no national movement to stop it. Result: we doom our kids to a very sobering future of a fractured and fragmented civilization that cannot right itself.
With election time almost upon us, here’s a rather sobering thought: By spending as little as a mere two billion dollars, anyone with that amount of money can now afford to buy an entire American election — Congress, the White House, governorships and all.
“But Jane,” you might ask, “why would anyone even want to do that?” Why? Just look at all the immense amount of loot you can score with just this tiny investment. Access to national park land, bank deregulation, profits from weapons production, corporate monopoly status, pro-pollution laws, judges’ rulings in your favor…need I go on?
For instance, eleven trillion dollars has been recently spent on escalating and pursuing fake wars. So if you “invest” in American elections and still only receive, say, just ten percent of those eleven trillion singles for your weapons-manufacturing services or whatever the heck else companies like Halliburton do, you still have just grown your measly two-billion-buck investment at least a thousand times over. Forever War really pays off!
Or if you are guys like Obama, Bush and Cheney — and can’t resist playing with war toys? Then you get to buy your very own wars! Lots and lots of wars. You get to play with actual life-sized GI Joe dolls and call yourself “Commander in Chief”. You get to bomb Libya and Ukraine and Iraq and Syria. What fun! Two billion dollars can buy you a hecka lot of war toys — eleven trillion dollars worth to be exact.
Or let’s say that your net worth is approximately 100 billion dollars, like, say, the Koch brothers’ worth is. You spend less than three percent of that money on buying elections — and voila! You too get over a thousand percent return on every dollar you spend. What kind of crazy-good investment is that!
Or let’s say you are a member of the notorious WalMart family, worth hundreds of billions of dollars. You spend just a few paltry billion on election buyouts — and suddenly us taxpayers are paying for all of your employees’ healthcare. And we’re throwing food stamps into the bargain too. Brilliant idea!
Or what if you own a giant coal company, oil company, car company, power company or some other major polluter? Common sense tells us voters that we need to cut down on polluting the atmosphere so as to avoid drastic climate change that even now threatens to kill off the whole human race.
We could have been using solar power all this time for instance — and also cleaned up our rivers and even eliminated the need for fossil fuel. But no. For a few (billion) dollars more at election time, you can potentially doom the entire human race. America, are we having fun yet?
Or let’s say for instance that you are AIPAC, that Israeli political action committee. Spend just two billion dollars to buy every election in America — up to and including the dog catcher? What a deal! And since Israel is already receiving three billion dollars every year from America, guaranteed, voted by Congress, you don’t even have to risk using your own moolah. You can use ours. Fabulous investment. http://www.counterpunch.org/
Plus you also get permission to bomb Gaza, take over the West Bank, design America’s stupid “Bomb Syria” policy, have red-carpet access to the entire Middle East (as in red carpets of blood) and get away with committing all kinds of other violations of the Nuremberg precedents and Geneva war crime conventions too.
According to Middle East expert Paul Larudee, “Israeli prime minister Benjamin Netanyahu infamously bragged that ‘America is a thing you can move very easily’.” Apparently all you need is just two billion bucks. Hell, Attila the Hun never even had that kind of power. Or even Josef Stalin. All he ever got out his American investments was the freaking Cold War.
But don’t worry, Josef! The Cold War is about to heat up again, thanks to AIPAC. Hell, now AIPAC is even an unofficial member of NATO (and apparently its most influential member too). And, as such, Israeli war hawks seem hell-bent on fomenting World War III. Does the American public really want to go there? I think not.
Or you could invest your capital in running America’s prison-industrial complex? Just think of all the cheap labor you’ll get! For much less than two billion in folding money, you don’t even have to ship your goods over from China any more. Plus you get to have them stamped “Made in America” too. Definitely a win-win for you.
Or what if you are Monsanto or Big Pharma or Bank of America or CitiCorp or Goldman Sachs or General Electric? For far less than two billion dollars, you can get rid of unions, create your own monopolies, write your own “regulations”, appoint your own “regulators” and rake in the profits. And if you are Big Media, our publicly-owned airwaves now belong to you. Think Rupert Murdock. Or net neutrality up in smoke. Think AT&T. Boo-yah!
Yep, America is for sale for really cheap these days. The total assets of the United States of America is currently 188 trillion dollars. And just think. For just a mere two billion simoleons, all that can be yours! Buy a little false advertizing, do a bit of voter-suppression, get your hands on a few electronic voting machines, tell a few lies on Fox News and CNN and, boom shake the room, you can own all of that. All $188,000,000,000,000.00 worth. “Worth playing for?” Yeah.
My country these days has become like some aging cheap whore, selling herself on street corners to the first two-bit John who comes along and offers her a couple of dollars.
America these days isn’t even a high-priced call girl any more.