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Do You Want The Facts? You Are Probably A Conspiracy Theorist

October 26, 2014 by · Leave a Comment 

Conspiracy theorists, those who look for the facts, ignoring the pressure of jeers, flawed appeals to authority, and intimidation, are the sanest among us. The steady migration of investigative journalists, who turn their backs on more lucrative employment, is only one indication of this.

In a recent article, Scientific Study Reveals Conspiracy Theorists The Most Sane Of All, the author, J. D. Hayes, cites a recent study, published July 2013, by psychologists Michael J. Wood and Karen M. Douglas of the University of Kent in the UK. It was entitled “‘What about Building 7?’ A Social Psychological Study of Online Discussion of 9/11 Conspiracy Theories.”

Their conclusion is that, contrary to those mainstream media stereotypes, “conspiracy theorists” appear to be more sane than people who accept official versions of controversial and contested events.

Attempts to demonize our perception on conspiracy theorists erects barriers to protect those whose profits are endangered by the truth.

These techniques for manufacturing opinion were outlined by Edward Bernays, whose book, “Propaganda,” asserts those who rule should use the trust accorded them in exactly this way.

Interestingly, Leo Strauss, whose political philosophy is in alignment with Bernays, asserted the same opinion.  Strauss’ work was largely adopted by those who call themselves NeoConservatives who are anything but Conservative.

The opinion shared was that those in power are justified to lie, cheat and steal to keep and increase their power. The Kochs use these techniques in business and politically.

The use of the term, “Conspiracy Theory” increased rapidly in the wake of the JFK assassination due to its pejorative use in the MSM. This worked to stifle questions already being raised.

The issue which underlies the article by William Saletan, Conspiracy Theorists Aren’t Really Skeptics attempts to validate intellectual bullying, a logical extension of the philosophies of Bernays and Strauss. You don’t get more MSM than the Washington Post.

In the original formulation of American society those in positions of authority were morally and ethically obligated to explain themselves. The facts were to be available to all. Journalists investigated and reported the truth, as they saw it. This changed.

Saletan raised the issue of human psychology but failed to mention a perplexing issue which has long troubled us. This is the presence of those without conscience. For most of the 20th Century therapists believed these individuals could change, the problem was psychological. Today we know this is a neurological issue.

Advances in neurobiology have brought objective understanding. Now, thousands of criminals have been identified as psychopaths using an fMRI. The scan identified malfunctions in areas of the amygdala, which is now known to be associated with conscience, empathy, and compassion.

According to Dr. Robert Hare, serial murderers and con-men are always psychopaths. But Hare has also noted many who are also psychopathic are not violent and well able to control their impulses to gain far more expansive goals.

These individuals are highly intelligent. At any time there are 20,000 psychopaths with I.Q.s over 180 at large in the United States.

It would be instructive to see test results from MRI scans done on Dick Cheney, Karl Rove, and their cadre.

The cost of psychopathy has been calculated at around 360 billion a year – in the US. This does not include the highly intelligent ones which, clearly cost far more, given the impact of Cheney and company on America. Could the people who so desperately wanted torture as a tool be emotionally normal?

Today, experts believe the explanation for the financial meltdown now ongoing can be explained by the concentration of psychopathic individuals in corporations, finance and government.

The characteristics of the condition include calloused unconcern for others. This accounts for the oil companies which routinely externalize their costs, leaving those harmed by the toxic waste they cause, to struggle and die.

Those without conscience, willing to lie for their own profit, have long been with us. But today they can avoid the troublesome issue of having their actions known and understood. They have learned to spin.

To ensure this continues they must continue manufacturing public opinion about their previous actions. This is why they began using the term, “Conspiracy Theory.” They work vigorously to ensure the facts remain hidden.

Refusing to accept the officially mandated opinion on any subject, be in the JFK assassination or whether or not to give your child pharmaceuticals as treatment for ADHD has been used to  categorize individuals who refuse to accept predigested conclusions as crazy, stupid or paranoid. When this happens, rest assured, some corporation’s profits could be impacted.

This is a form of control intended to intimidate and inject fear. It also marginalizes vast numbers of people, keeping them in fear so they can be controlled.

To that end they, I call them Greedvilleins, also use our love of each other, country, loyalty, and trust, to manipulate us into wars which profit them and place us in perpetual debt.

If you limit what is acceptable to hold as opinions and deny people full access to the facts you  destroy the trust basis of our society.  Emotionally normal people are not comfortable when they cannot trust those around them.

These are rational responses to existing conditions.

What is insane is trusting psychopaths. Yet these are now common in finance and government. You can be sure they will routinely act with a sublime lack of conscience, for your freedom, your assets and your very life.

To cope with these conditions many still refuse to think about it, thus avoiding extreme anxiety. Others, for instance those who look for the facts, and are demeaned as “conspiracy theorists.”

The presence of highly intelligent psychopaths among us, who generally avoid being prosecuted, is one of these explanations.

Saladan’s article passes today as investigative journalism. It pays well and explains why so many truly honest journalists left to work in the alternative media.


Melinda Pillsbury-Foster will soon begin her new weekly radio program on Surviving Meltdown. The program examines how government can be brought into alignment with the spiritual goal of decentralizing power and localizing control and links also to America Goes Home americagoeshome.org, a site dedicated to providing information and resources.

She is also the author of GREED: The NeoConning of America and A Tour of Old Yosemite. The former is a novel about the lives of the NeoCons with a strong autobiographical component. The latter is a non-fiction book about her father and grandfather.

Her blog is at: http://howtheneoconsstolefreedom.blogspot.com/ She is the founder of the Arthur C. Pillsbury Foundation. She is the mother of five children and three grandchildren.

Melinda Pillsbury-Foster is a regular columnist for Veracity Voice

Banks Hold Treasuries And Make Loans

October 26, 2014 by · Leave a Comment 

Ever since the 2008 financial collapse, banks have reduced their lending while accumulating U.S. Treasuries. On the surface placing capital into the safest depositor may seem prudent.   On the other hand, Why Big Banks Are Suddenly Interested in Talking to You Again? According to Inc, “After years of turning away small-business borrowers, the country’s largest banks are now granting one out of five loan applications they receive. The 20 percent benchmark represents a post-recession high for big banks (assets of $10B+). Further, small banks have been approving more than half of the funding requests they receive.”

Such news would normally be welcomed. The Sovereign Man article, Here’s Why US Banks Are Now Extremely Vulnerable, presents a sober warning that the banking industry is at risk from a bond market sell-off.

“In just the last month alone American banks increased their holdings of US treasuries by $54 billion, to a record $1.99 trillion.

Facing $127 trillion in unfunded liabilities – which is nearly double 2012’s total global output – and with no inclination to reduce those numbers at all, at this point disaster for the US is entirely unavoidable.

Under the rather arbitrary Bank of International Settlements Basel capital adequacy rules government debt rated at least AA continues to carry a “zero risk” weighting. Meaning that banks do not need to set aside capital against it.

Beyond that, regulations imposed after the last crash to reduce risk require banks to hold $100 billion in liquid assets, which of course includes bonds. Thus, they are not only encouraged, but actually forced to buy government bonds.”

The fundamental change in the last six years is that the banks were rescued from normal capital requirements under a zero interest rate discount window. The inevitable result starved the small business and personal borrowing market from obtaining loans. With the loosing of funds to finance business and consumers, could the dire warning that the banks understand they need to rotate out of Treasuries, be the reason for the shift in lending?

However, the rush to come into compliance has America’s Banks Pile Up Treasuries as Deposits Overwhelm Lending. This explanation of a change in regulation ordains that U.S. Bonds are still a necessary component in their balance sheet.

“Rules approved Sept. 3 by the Fed, Office of the Comptroller of the Currency and Federal Deposit Insurance Corp. leave banks about $100 billion short of the $2.5 trillion in easy-to-sell assets that they need to meet the liquidity standard, according to the Fed. Lenders must reach 80 percent of their liquidity coverage ratios by January and have until the start of 2017 to reach full compliance.”

Illustrating this point, “Bank of America alone may need to purchase as much as $65 billion of government debt to become fully compliant, according to report last month from Marty Mosby, a banking analyst at Memphis, Tennessee-based Vining Sparks.”

Providing additional encouragement is a WSJ report that U.S. Bank Profits Near Record Levels.

“On the heels of the financial crisis, some lawmakers, regulators and consumers complained that banks weren’t lending enough. But steady improvement in credit quality, or borrowers’ ability to repay loans, is prompting banks not only to lend more but also to ease their standards.

The higher loan levels come as banks are easing up on their underwriting standards to borrowers. A Federal Reserve survey of senior loan officers released last week found that lenders were loosening standards and loan terms for commercial and industrial loans and commercial real-estate loans.”

Reconciling the need to keep buying treasuries and originating new loans to satisfy business demand is a challenging objective. By returning to the old fashion business model, of actually making loans to customers, banks are generating significant profits.

While graphs show the downward trend in loans since TARP, the current upturn is ready to be charted. Lending money for productive enterprise has contributed to a rise in GDP. The transition to a consumer based economy is dependent on the flow of transactions. When the pace of the velocity of money increases and confidence strengthens, prosperity usually follows.

The different in this feeble recovery phase is that the debt assumed by the Treasury, monetized within Federal Reserve liabilities, requires servicing no matter the health of the general economy. Near zero or cost free interest rates is approaching an expected crisis of uninterrupted maintenance. The exact trigger that drives up rates, while elusive to forecast, is inevitable in coming.

The Money Show article, Rising Rates? Beware of Big Banks, describes the predicament accordingly.

“The reality is that traditional commercial and consumer lending is no longer the big money maker that it used to be for banks. Since the 2008 financial crisis, households and businesses have been deleveraging—paying down debt—and demand for loans has been limp.

In recent years, the big banks have fattened their profits mainly from capital-markets businesses: Mergers and acquisitions, stock and bond offerings, and other types of trading. Rising interest rates also make the cost of capital go up for businesses, which can result in less deal making, lowering financing fees for the banks.”

Hype that loan demands have returned in earnest is overstated. Coming off such a low level, any modest increase looks bigger than it really is. That revered business cycle, simply is no longer the same.

So what happens in the catch-22 scenario when banks are adjusting to different capital requirements and Treasuries drop in price with a rise in interest rates? That’s the 64 trillion dollar question.

Banking is more about mathematics than business acumen when additional debt created money is needed to pay the service of obligations that come due. The roll over can be staggering. Banksters make up the monetary rules. That $127 trillion nut is bigger than all the bank reserves put together.

For those who argue the economy can grow its way out of this liquidity squeeze must have a time frame longer than the imaginative bag of tricks left in the vaults of banks.


Sartre is the publisher, editor, and writer for Breaking All The Rules. He can be reached at: BATR

Sartre is a regular columnist for Veracity Voice

The Islamist State

October 18, 2014 by · Leave a Comment 

You can’t believe a word the United States or its mainstream media say about the current conflict involving The Islamic State (ISIS).

You can’t believe a word France or the United Kingdom say about ISIS.

You can’t believe a word Turkey, Saudi Arabia, Qatar, Kuwait, Jordan, or the United Arab Emirates say about ISIS. Can you say for sure which side of the conflict any of these mideast countries actually finances, arms, or trains, if in fact it’s only one side? Why do they allow their angry young men to join Islamic extremists? Why has NATO-member Turkey allowed so many Islamic extremists to cross into Syria? Is Turkey more concerned with wiping out the Islamic State or the Kurds under siege by ISIS? Are these countries, or the Western powers, more concerned with overthrowing ISIS or overthrowing the Syrian government of Bashar al-Assad?

You can’t believe the so-called “moderate” Syrian rebels. You can’t even believe that they are moderate. They have their hands in everything, and everyone has their hands in them.

Iran, Hezbollah and Syria have been fighting ISIS or its precursors for years, but the United States refuses to join forces with any of these entities in the struggle. Nor does Washington impose sanctions on any country for supporting ISIS as it quickly did against Russia for its alleged role in Ukraine.

The groundwork for this awful mess of political and religious horrors sweeping through the Middle East was laid – laid deeply – by the United States during 35 years (1979-2014) of overthrowing the secular governments of Afghanistan, Iraq, Libya, and Syria. (Adding to the mess in the same period we should not forget the US endlessly bombing Pakistan, Somalia and Yemen.) You cannot destroy modern, relatively developed and educated societies, ripping apart the social, political, economic and legal fabric, torturing thousands, killing millions, and expect civilization and human decency to survive.

Particularly crucial in this groundwork was the US decision to essentially throw 400,000 Iraqis with military training, including a full officer corps, out onto the streets of its cities, jobless. It was a formula for creating an insurgency. Humiliated and embittered, some of those men would later join various resistance groups operating against the American military occupation. It’s safe to say that the majority of armored vehicles, weapons, ammunition, and explosives taking lives every minute in the Middle East are stamped “Made in USA”.

And all of Washington’s horses, all of Washington’s men, cannot put this world back together again. The world now knows these places as “failed states”.

Meanwhile, the United States bombs Syria daily, ostensibly because the US is at war with ISIS, but at the same time seriously damaging the oil capacity of the country (a third of the Syrian government’s budget), the government’s military capabilities, its infrastructure, even its granaries, taking countless innocent lives, destroying ancient sites; all making the recovery of an Assad-led Syria, or any Syria, highly unlikely. Washington is undoubtedly looking for ways to devastate Iran as well under the cover of fighting ISIS.

Nothing good can be said about this whole beastly situation. All the options are awful. All the participants, on all sides, are very suspect, if not criminally insane. It may be the end of the world. To which I say … Good riddance. Nice try, humans; in fact, GREAT TRY … but good riddance. ISIS … Ebola … Climate Change … nuclear radiation … The Empire … Which one will do us in first? … Have a nice day.

Is the world actually so much more evil and scary today than it was in the 1950s of my upbringing, for which I grow more nostalgic with each new horror? Or is it that the horrors of today are so much better reported, as we swim in a sea of news and videos?

After seeing several ISIS videos on the Internet, filled with the most disgusting scenes, particularly against women, my thought is this: Give them their own country; everyone who’s in that place now who wants to leave, will be helped to do so; everyone from all over the world who wants to go there will be helped to get there. Once they’re there, they can all do whatever they want, but they can’t leave without going through a rigorous interview at a neighboring border to ascertain whether they’ve recovered their attachment to humanity. However, since very few women, presumably, would go there, the country would not last very long.

The Berlin Wall – Another Cold War Myth

November 9 will mark the 25th anniversary of the tearing down of the Berlin Wall. The extravagant hoopla began months ago in Berlin. In the United States we can expect all the Cold War clichés about The Free World vs. Communist Tyranny to be trotted out and the simple tale of how the wall came to be will be repeated: In 1961, the East Berlin communists built a wall to keep their oppressed citizens from escaping to West Berlin and freedom. Why? Because commies don’t like people to be free, to learn the “truth”. What other reason could there have been?

First of all, before the wall went up in 1961 thousands of East Germans had been commuting to the West for jobs each day and then returning to the East in the evening; many others went back and forth for shopping or other reasons. So they were clearly not being held in the East against their will. Why then was the wall built? There were two major reasons:

1) The West was bedeviling the East with a vigorous campaign of recruiting East German professionals and skilled workers, who had been educated at the expense of the Communist government. This eventually led to a serious labor and production crisis in the East. As one indication of this, the New York Times reported in 1963: “West Berlin suffered economically from the wall by the loss of about 60,000 skilled workmen who had commuted daily from their homes in East Berlin to their places of work in West Berlin.”

It should be noted that in 1999, USA Today reported: “When the Berlin Wall crumbled [1989], East Germans imagined a life of freedom where consumer goods were abundant and hardships would fade. Ten years later, a remarkable 51% say they were happier with communism.” Earlier polls would likely have shown even more than 51% expressing such a sentiment, for in the ten years many of those who remembered life in East Germany with some fondness had passed away; although even 10 years later, in 2009, the Washington Post could report: “Westerners [in Berlin] say they are fed up with the tendency of their eastern counterparts to wax nostalgic about communist times.”

It was in the post-unification period that a new Russian and eastern Europe proverb was born: “Everything the Communists said about Communism was a lie, but everything they said about capitalism turned out to be the truth.”

It should be further noted that the division of Germany into two states in 1949 – setting the stage for 40 years of Cold War hostility – was an American decision, not a Soviet one.

2) During the 1950s, American coldwarriors in West Germany instituted a crude campaign of sabotage and subversion against East Germany designed to throw that country’s economic and administrative machinery out of gear. The CIA and other US intelligence and military services recruited, equipped, trained and financed German activist groups and individuals, of West and East, to carry out actions which ran the spectrum from juvenile delinquency to terrorism; anything to make life difficult for the East German people and weaken their support of the government; anything to make the commies look bad.

It was a remarkable undertaking. The United States and its agents used explosives, arson, short circuiting, and other methods to damage power stations, shipyards, canals, docks, public buildings, gas stations, public transportation, bridges, etc; they derailed freight trains, seriously injuring workers; burned 12 cars of a freight train and destroyed air pressure hoses of others; used acids to damage vital factory machinery; put sand in the turbine of a factory, bringing it to a standstill; set fire to a tile-producing factory; promoted work slow-downs in factories; killed 7,000 cows of a co-operative dairy through poisoning; added soap to powdered milk destined for East German schools; were in possession, when arrested, of a large quantity of the poison cantharidin with which it was planned to produce poisoned cigarettes to kill leading East Germans; set off stink bombs to disrupt political meetings; attempted to disrupt the World Youth Festival in East Berlin by sending out forged invitations, false promises of free bed and board, false notices of cancellations, etc.; carried out attacks on participants with explosives, firebombs, and tire-puncturing equipment; forged and distributed large quantities of food ration cards to cause confusion, shortages and resentment; sent out forged tax notices and other government directives and documents to foster disorganization and inefficiency within industry and unions … all this and much more.

The Woodrow Wilson International Center for Scholars, of Washington, DC, conservative coldwarriors, in one of their Cold War International History Project Working Papers (#58, p.9) states: “The open border in Berlin exposed the GDR [East Germany] to massive espionage and subversion and, as the two documents in the appendices show, its closure gave the Communist state greater security.”

Throughout the 1950s, the East Germans and the Soviet Union repeatedly lodged complaints with the Soviets’ erstwhile allies in the West and with the United Nations about specific sabotage and espionage activities and called for the closure of the offices in West Germany they claimed were responsible, and for which they provided names and addresses. Their complaints fell on deaf ears. Inevitably, the East Germans began to tighten up entry into the country from the West, leading eventually to the infamous wall. However, even after the wall was built there was regular, albeit limited, legal emigration from east to west. In 1984, for example, East Germany allowed 40,000 people to leave. In 1985, East German newspapers claimed that more than 20,000 former citizens who had settled in the West wanted to return home after becoming disillusioned with the capitalist system. The West German government said that 14,300 East Germans had gone back over the previous 10 years.

Let’s also not forget that while East Germany completely denazified, in West Germany for more than a decade after the war, the highest government positions in the executive, legislative, and judicial branches contained numerous former and “former” Nazis.

Finally, it must be remembered, that Eastern Europe became communist because Hitler, with the approval of the West, used it as a highway to reach the Soviet Union to wipe out Bolshevism forever, and that the Russians in World War I and II, lost about 40 million people because the West had used this highway to invade Russia. It should not be surprising that after World War II the Soviet Union was determined to close down the highway.

For an additional and very interesting view of the Berlin Wall anniversary, see the article “Humpty Dumpty and the Fall of Berlin’s Wall” by Victor Grossman. Grossman (née Steve Wechsler) fled the US Army in Germany under pressure from McCarthy-era threats and became a journalist and author during his years in the (East) German Democratic Republic. He still lives in Berlin and mails out his “Berlin Bulletin” on German developments on an irregular basis. You can subscribe to it atwechsler_grossman@yahoo.de. His autobiography: “Crossing the River: a Memoir of the American Left, the Cold War and Life in East Germany” was published by University of Massachusetts Press. He claims to be the only person in the world with diplomas from both Harvard University and Karl Marx University in Leipzig.

Al Franken, the liberal’s darling

I receive a continuous stream of emails from “progressive” organizations asking me to vote for Senator Franken or contribute to his re-election campaign this November, and I don’t even live in Minnesota. Even if I could vote for him, I wouldn’t. No one who was a supporter of the war in Iraq will get my vote unless they unequivocally renounce that support. And I don’t mean renounce it like Hillary Clinton’s nonsense about not having known enough.

Franken, the former Saturday Night Live comedian, would like you to believe that he’s been against the war in Iraq since it began. But he went to Iraq at least four times to entertain the troops. Does that make sense? Why does the military bring entertainers to soldiers? To lift the soldiers’ spirits of course. And why does the military want to lift the soldiers’ spirits? Because a happier soldier does his job better. And what is the soldier’s job? All the charming war crimes and human-rights violations that I and others have documented in great detail for many years. Doesn’t Franken know what American soldiers do for a living?

A year after the US invasion in 2003, Franken criticized the Bush administration because they “failed to send enough troops to do the job right.” What “job” did the man think the troops were sent to do that had not been performed to his standards because of lack of manpower? Did he want them to be more efficient at killing Iraqis who resisted the occupation? The volunteer American troops in Iraq did not even have the defense of having been drafted against their wishes.

Franken has been lifting soldiers’ spirits for a long time. In 2009 he was honored by the United Service Organization (USO) for his ten years of entertaining troops abroad. That includes Kosovo in 1999, as imperialist an occupation as you’ll want to see. He called his USO experience “one of the best things I’ve ever done.” Franken has also spoken at West Point (2005), encouraging the next generation of imperialist warriors. Is this a man to challenge the militarization of America at home and abroad? No more so than Barack Obama.

Tom Hayden wrote this about Franken in 2005 when Franken had a regular program on the Air America radio network: “Is anyone else disappointed with Al Franken’s daily defense of the continued war in Iraq? Not Bush’s version of the war, because that would undermine Air America’s laudable purpose of rallying an anti-Bush audience. But, well, Kerry’s version of the war, one that can be better managed and won, somehow with better body armor and fewer torture cells.”

While in Iraq to entertain the troops, Franken declared that the Bush administration “blew the diplomacy so we didn’t have a real coalition,” then failed to send enough troops to do the job right. “Out of sheer hubris, they have put the lives of these guys in jeopardy.”

Franken was implying that if the United States had been more successful in bribing and threatening other countries to lend their name to the coalition fighting the war in Iraq the United States would have had a better chance of WINNING the war.

Is this the sentiment of someone opposed to the war? Or in support of it? It is the mind of an American liberal in all its beautiful mushiness.

Notes

  1. Derived from William Astore, “Investing in Junk Armies”, TomDispatch, October 14, 2014
  2. New York Times, June 27, 1963, p.12
  3. USA Today, October 11, 1999, p.1
  4. Washington Post, May 12, 2009; see a similar story November 5, 2009
  5. Carolyn Eisenberg, “Drawing the Line: The American Decision to Divide Germany, 1944-1949” (1996); or see a concise review of this book by Kai Bird in The Nation, December 16, 1996
  6. See William Blum, “Killing Hope: US Military and CIA Interventions Since World War II”, p.400, note 8, for a list of sources for the details of the sabotage and subversion.
  7. The Guardian (London), March 7, 1985
  8. Washington Post, February 16, 2004
  9. Star Tribune, Minneapolis, March 26, 2009
  10. Huffington Post, June 2005
  11. Washington Post, February 16, 2004


William Blum is the author of:

  • Killing Hope: US Military and CIA Interventions Since World War 2
  • Rogue State: A Guide to the World’s Only Superpower
  • West-Bloc Dissident: A Cold War Memoir
  • Freeing the World to Death: Essays on the American Empire


Portions of the books can be read, and signed copies purchased, at www.killinghope.org

Email to bblum6@aol.com

Website: WilliamBlum.org

William Blum is a regular columnist for Veracity Voice

Stocks Plunge 460 Points On QE Exit

October 17, 2014 by · Leave a Comment 

“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.


Mike Whitney is a regular columnist for Veracity Voice

Mike Whitney lives in Washington state. He can be reached at: fergiewhitney@msn.com

Financial Regulators Bend Rules For Banksters

October 12, 2014 by · Leave a Comment 

The cozy relationship between financial institutions and their respective regulators has long been known. Concern from reformers and activists comes from all stripes of ideological perspectives. With the attention that Carmen Segarra, the whistleblower of Wall Street, has gained, the noise from the banking establishment pushes back. Here comes the expected spin from the Fed, The New York Fed Slams Tape-Recording Whistleblower, Says She Was Fired After Just 7 Months Over Performance. Read their Statement Regarding New York Fed Supervision. So what is this controversy all about?

How dare a mere low level regulator document the goings on within the financial establishment, Inside the New York Fed: Secret Recordings and a Culture Clash, writes.

“As ProPublica reported last year, Segarra sued the New York Fed and her bosses, claiming she was retaliated against for refusing to back down from a negative finding about Goldman Sachs. A judge threw out the case this year without ruling on the merits, saying the facts didn’t fit the statute under which she sued.

At the bottom of a document filed in the case, however, her lawyer disclosed a stunning fact: Segarra had made a series of audio recordings while at the New York Fed. Worried about what she was witnessing, Segarra wanted a record in case events were disputed. So she had purchased a tiny recorder at the Spy Store and began capturing what took place at Goldman and with her bosses.

Segarra ultimately recorded about 46 hours of meetings and conversations with her colleagues. Many of these events document key moments leading to her firing. But against the backdrop of the Beim report, they also offer an intimate study of the New York Fed’s culture at a pivotal moment in its effort to become a more forceful financial supervisor. Fed deliberations, confidential by regulation, rarely become public.”

In an attempt at damage control, the Fed was looking for a favorable review. What they got was not what they wanted, N.Y. Fed Staff Afraid to Speak Up, Secret Review Found.

“The investigation, conducted by Columbia University finance professor David Beim, was initially confidential but was later released by the Financial Crisis Inquiry Commission.

Mr. Beim’s report called on the New York Fed to demand that its regulatory staffers maintain a “more distanced, high-level and skeptical view” of how the banks they oversee make money.”

A Short History of the Breathtaking Cluelessness of U.S. Financial Regulators, is outlined by the Motley Fool analysis. Any serious observer of the cozy relationships that permeate the financial community knows all too well, that the revolving door turns when favorable regulation decisions spin in the right direction.

The significance of this latest scandal, points out just how the regulation process is conducted in the suites of money manipulation. This next account is most telling; You Should Listen To The Goldman New York Fed Story.

“This American Life has a banking supervision story that turns on secret recordings made by a former employee of the New York Fed, Carmen Segarra, and it’s pretty good, because it shows how regulators basically do a lot of their regulating of banks through meetings, with no action items after. That’s weird, and it’s instructive to see how intertwined banking and supervision are. There’s a killer meeting after a meeting with Goldman Sachs where Fed employees talk about what happened, and – though we don’t know what was left on the cutting room floor – the modesty of the regulatory options being considered is fascinating. Nothing about fines, stopping certain sorts of deals, stern letters, or anything else. The talk is self-congratulation (for having that meeting with Goldman) and “let’s not get too judgmental, here, guys.”

The takeaway of the story, which is blessedly not an example of the “me mad, banksters bad!” genre, is that this kind of regulation isn’t very effective. It clearly hasn’t prevented banks from being insanely profitable until recently, in a way that you’d think would get competed away in open markets.”

Why is Goldman exempt from any meaningful oversight? William D. Cohen over at Politico provides an answer to the question, Why the Fed Will Always Wimp Out on Goldman.

“Although Michael Silva, Segarra’s superior, didn’t doubt that the Goldman-Santander transaction was legal, he didn’t think it passed the smell test. “It’s pretty apparent when you think this thing through that it’s basically window dressing that’s designed to help Banco Santander artificially enhance its capital position,” he told his New York Fed team before a meeting on the topic with Goldman executives.”

Segarra thought her boss’s pre-occupation with whether Goldman “should” have done the deal, or been allowed to do the deal, was all just a big waste of time and obfuscated the larger issue that Goldman, and other Wall Street banks, were busy pushing around a key regulator – the New York Fed – rather than the other way around. She worried that her bosses were focusing on “fuzzy” and “esoteric” issues such as Goldman’s “reputational risk.” Silva also shared with Segarra that it was all moot anyway, because Tom Baxter, the New York Fed’s general counsel, had, he said, “reined him in” on the subject. “I was all fired up, and he doesn’t want me getting the Fed to assert powers it doesn’t have,” Silva tells Segarra, according to the tape recording.”

Breaking down all the details and dialogues that transpire in the normal course of banking reviews comes down to the undeniable fact that Goldman is in charge of the process. The ownership of the Federal Reserve, a private entity, is ultimately owned by the shadow families that control the major financial institutions. Only a very naïve analysis or a compromised minion of the financial elite Plutocracy would dispute the power and clout that is applied to the political nature of regulatory oversight.

Bankster’s earn this graphic title by the way they conduct their protection racket. Courageous regulators like Carmen Segarra are treated as traitors to a system that is designed to facilitate every abuse that firms like Goldman can devise. Now you know who really owns the gold, because they make up whatever rules that foster their financial corruption.


Sartre is the publisher, editor, and writer for Breaking All The Rules. He can be reached at: BATR

Sartre is a regular columnist for Veracity Voice

How Stable Is The Bond Market?

October 5, 2014 by · Leave a Comment 

Seldom does the enormous bond market turn on the fate of a single trader. Well, the news that Bill Gross was leaving Pimco under suspicious circumstances did not go unnoticed. The WSJ writes:

“The yield on the 10-year benchmark Treasury note was hovering around 2.506% immediately before the disclosure that Mr. Gross was leaving the hundreds-of-billions of dollars in Treasurys and other debt he oversaw at Pimco to go to rival firm Janus Capital Group Inc.

Within a half-hour, the yield jumped to 2.546%. While a move of 0.04 percentage point    may not seem like much in that period of time, it was perceptible enough in the $12 trillion Treasury market that several traders and strategists attributed it to the news about Mr. Gross.”

Attempting to explain the reasons for his departure, The Economist speculates in the essay, Overthrowing the Bond King. “There appear to be three main reasons behind Mr Gross’s abrupt exit. The immediate cause was his abrasive management style . . . Moreover, Mr. Gross’s public behavior has grown increasingly peculiar of late . . . Such mis-steps might have been forgiven had Mr. Gross’s charmed streak as an investor continued. But over the past three years, several misjudgments have caused his funds to lag.”

At this point What You Need to Know About SEC’s Investigation of Pimco, centers on a relatively small $3.6 billion ETF, exchange-traded fund.

“Apparently, Pimco went around buying up small blocks of bonds, known as “odd lots,” at discounts. Pimco then marked their prices upwards using estimates of their values derived from larger blocks of bonds.

If Pimco really couldn’t resell the bonds at the new, higher prices it seems off base. But it also seems plausible the bonds might genuinely be worth more in Pimco’s hands than they were in the hands of whoever sold them.”

The mystic that Pimco enjoyed in bond trading may have sunk from the implications of SEC snooping. Gross seems like he is sprinting for the exit, but is this all that is in play? Investor’s Business Daily paints a smiley face on the open door that Gross’ transfer of loyalties as a positive for Janus Capital Group.

Now step back from these headlines and examine the concerns that have been floated about the bond market for a very long time. Money Beat in an account suggests that aBond Bubble Will Burst in a ‘Very Bad Way’ and reports on the recent Bloomberg’s Markets Most Influential Summit.

“Bonds are at ridiculous levels,” Julian Robertson, founder of one of the earliest hedge funds in Tiger Management Corp., said on a panel at the Bloomberg Markets Most Influential Summit. “It’s a world-wide phenomenon that governments are buying bonds to keep their countries moving along economically.”

Howard Marks, the chairman of Oaktree Capital Group LLC, said interest rates are “unnaturally low today.” Leon Cooperman, founder of Omega Advisors Inc. and former partner at Goldman Sachs, said bonds are “very overvalued.”

Forecasting the direction of government bonds usually focuses on predicting what central banks will do to drive interest rates, either up or down. Since consensus in market watchers has long announced that U.S. Bonds yields are unnaturally low, the calls for a turn upward in interest rates seem ridiculously overdue in coming.

All that seems reasonable; however, the Federal Reserve is playing a much different game from the responding to the normal business cycle.

Since the financial meltdown of 2008-2009, the charts and metric gauges for predicting market movements require a complete overhaul. Betting on U.S. Bonds no longer is based solely on domestic factors.

ZeroHedge cites David Tepper Is Back, Sees “Beginning Of The End” Of Bond Bubble.

“Empirically, Tepper may be right: in the past every time a central bank has launched a massive easing program (think QE1, QE2, Twist, QE3, etc.) it resulted in aggressive stock buying offset by bond selling. The issue is when said programs came to an end, and led to major selloffs in equities, pushing bonds to newer and lower record low yields. So perhaps for the time being, we may have seen the lows in the 10Year and in the periphery. The question is what happens when Europe’s latest “Private QE” operation comes to an end: just how massive will the bond bid be when all the money currently invested in risk assets decided to shift out all in one move.

More importantly, it also explains why central banks now have to work in a constant, staggered basis when easing, as the global capital markets simply cannot exist in a world in which every single central bank stops cold turkey with the “market” manipulation and/or liquidity injections.”

Within this context, why all the hullabaloo over Bill Gross jumping ship? While price inflation is real and grossly underreported, currency deflation still persists over the last six years. Now some may claim this phenomenon proves that stability in the bond market exists. Conversely, if this measure is acceptable to institutional bondholders, are they not accepting very low returns out of fear that the economy still hangs on a precipice.

Always remember that bonds are loans that have an obligation for repayment. Stability is maintained in the core indebtedness with the reimbursement settlement of the principal. Most governments are able to string along the unavoidable roll over so that new funds are raised to refinance.

Not so in every case from private or corporate debt. Just ask the bond holders from GM, better known as “Government Motors”.

Government bonds make up the essential float in the paper trade. As long as the global collateralization of bonds is honored, the planet may be able to avoid the fate of Greece. Pimco is but a pimple when compared to the Federal Reserve’s monetization of U.S. Treasury debt.

Bond professional traders look for an edge. Firms may risk their own capital, but most brokers look to skim an easy commission. It’s the institutions who have the most at stake and need a stable bond market. When not if, the bubble busts or deflates, the air is going to escape and blow over average investors.


Sartre is the publisher, editor, and writer for Breaking All The Rules. He can be reached at: BATR

Sartre is a regular columnist for Veracity Voice

Silicon Valley Corporatists

September 28, 2014 by · Leave a Comment 

Remember the days when an entrepreneur would perfect their whiz kid ideas in a garage and bring them to market? Did Steve Wozniak ever envision the behemoth that Apple would become and the cult camp that worships every new product that flows from their robotic coolie assembly lines? Riots Over Rotten Apple Mania describes an example of the forbidding underbelly of corporatist business model that Apple exemplifies so dramatically. Notwithstanding this record of 21th century sweat factories, do the venture vulture capitalists of Silicon Valley interject added value in the products and services they fund or do this culture of touting IPO offerings simply game a system to print money based upon imaginary dreams?

The Economic Policy Journal article, Silicon Valley Investor Joins The Corporatism March, cites Ron Conway, a Silicon Valley angel investor, who has backed many of the tech companies that we know and love.”

“Conway wrote a piece for Techcrunch where he’s calling for the other Fascism. Remember the Fascist Mussolini from Italy. It was he who said, “Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power.”

“Gone are the days when the tech community can innovate and run their businesses in spite of government. As we saw with the SOPA/PIPA debate, public policy has a direct and significant impact on startups and the investors who support them.

Whether it is regulations that stifle innovation or tax policies that hinder job creation, government has a major role in the success or failure of a startup. It is critically important for the tech community to engage in public policy.”

Silicon Valley companies are not limited to IT development, just as much as investment funding is not wholly occupied from Wall Street firms. The principle is the same wherever the money comes from, as the Rise of the “venture corporatists” explores in an account about John Doerr of Kleiner Perkins Caufield & Byers.

“None of the alternative energy sources being developed today – solar, wind, geothermal, or biomass–is close to financial sustainability, which means that the supersize returns V.C. funds depend on will require massive government subsidies, regulations, and mandates… So Doerr has launched an audacious campaign to invest millions in handpicked political candidates and influential political action committees, to push for subsidies and pro-greentech policies and require the government to purchase the kinds of fuels and technologies his startups will be marketing. Since 2000, Doerr and his wife, Ann, have contributed more than $31 million to political candidates and causes.

In essence, Doerr is helping to create the biggest new market the world has seen since the dawn of the oil industry–and asking for taxpayer dollars to do it.”

“Green” alternative energy has more to do with replicating money than producing sustainable energy. Instead of writing code for computer-generated speech, the paradigm at play buys the ambassadors of government policy, circuitously as part of the business plan.

Lachlan Markay sums up the paradox for investors and the public in The Venture Corporatists. “As long as green technology remains not simply an economic venture but a moral one, taxpayers will continue to nobly lose money as politically connected “social entrepreneurs” reap a windfall.”

Here lies the rub. What exactly is the moral imperative? The lament of Alex Shud Bayley in No, I still don’t want to work for Google makes a universal point.

“Since I’ve been out of the Silicon-Valley-centred tech industry, I’ve become increasingly convinced that it’s morally bankrupt and essentially toxic to our society. Companies like Google and Facebook — in common with most public companies — have interests that are frequently in conflict with the wellbeing of — I was going to say their customers or their users, but I’ll say “people” in general, since it’s wider than that. People who use their systems directly, people who don’t — we’re all affected by it, and although some of the outcomes are positive a disturbingly high number of them are negative: the erosion of privacy, of consumer rights, of the public domain and fair use, of meaningful connections between people and a sense of true community, of beauty and care taken in craftsmanship, of our very physical wellbeing. No amount of employee benefits or underfunded Google.org projects can counteract that.”

The notion that Silicon Valley business enterprises automatically advance civilization and improve the human condition is one of the most disturbing viewpoints that have infected the smart phone sect. Placing the blame solely on tech executives avoids the reprehensible relationship that Ron Conway is so eager to exploit.

The article, Why DC And Silicon Valley Don’t Mix Well seems to agree.

“The thing that DC should be most focused on is “fixes to previous government efforts that tried but failed to fix a problem that turned out not to need a regulatory solution.” Other industries seem to want handouts and investments and the like, but you don’t see that much in Silicon Valley.”

REALLY ???

However, some executives excel in screwing up a once reliable service.  Silicon Valley corporatist companies often fail. The next likely candidate for a downfall is Yahoo.  Marissa Mayer’s tenure as CEO may be numbered according to Eric Jackson, founder and managing partner of hedge fund Ironfire Capital.

“Jackson says that since Mayer took over she has spent $2 billion buying companies and that most of those acquisitions have been for naught.

“Can you name any other acquisition Yahoo has made besides Tumblr? If not, what does that say about them?” Jackson writes at Forbes. “If these small acquisitions were mostly talent-driven as characterized by management, why was it necessary to spend, say, $30 million to hire 3 people from a dying company? Was this really the best use of shareholder capital? Yahoo should not [be] responsible for bailing out VCs from their failed investments. This isn’t TARP.”

Deplorably, many tech corporatists are mismanaged like Yahoo. Divesting a significant portion of Yahoo’s stake at the Alibaba IPO, raises a much needed current valuation, but what does this transaction do to improve the service? The Corporatists only care about tapping the rigged markets for immediate gain.


Sartre is the publisher, editor, and writer for Breaking All The Rules. He can be reached at: BATR

Sartre is a regular columnist for Veracity Voice

A Caterpillar’s Life-Cycle: How The American War Machine Gets Its $$$$

September 13, 2014 by · Leave a Comment 

Back when we took biology classes in high school, we all studied the life-cycle of the caterpillar, right?  Where it went from being a caterpillar to spinning a cocoon to becoming a butterfly to laying its eggs to hatching back into a caterpillar again, right?

I’m thinking that this life-cycle is rather similar to the life-cycle of Wall Street & War Street’s huge, scary war machine — which started out being mostly financed by American taxpayers, right?  But then as the “world’s greatest super-power” began to grow and grow, its insatiable appetite for more and more weaponization began to grow and grow too — and it started to need a whole big bunch of more “lettuce” to pay for these weapons as well.

And so even though the huge amount of taxes paid by our parents and grandparents had clearly been enough to keep the American armies of World War II afloat, the American military-industrial complex of the 21st century really couldn’t just rely on just us lowly taxpayers to keep their huge new American “peace-keeping” forces supplied — especially with so many of us now not even having any more income left to tax!

There was definitely no longer enough “lettuce” left in the United States to keep this big caterpillar fed, right?

So how is Wall Street & War Street going to continue to feed its insatiable appetite?  By expanding its reach, right?  By conquering other countries and then getting these new vassals to finance their own destruction — and to also finance the American weapons machine as well.  Whew!  Bad news for the conquered countries — but good news for American taxpayers.  We don’t get stuck with the bill at the end of the meal.  Maybe.

And so Africa is forced to pay for its own colonization.   And the Middle East is forced to pay for its own colonization.  And Europe is forced to pay for its own colonization.  And so on and so forth.  You get the idea, right?

So then the big fat happy American war machine caterpillar finally begins spinning its cocoon.  And soon that part of its life-cycle is accomplished, thanks to tanks and guns and NATO and the World Bank and the IMF.

And then what happens next?  Out pops a big beautiful butterfly, right?  Well, not exactly.  The butterfly then dies in the cocoon?  Not that either.  What actually happens next is that the butterfly goes on to lay even more eggs — but they are eggs of destruction, and soon the whole world will have been eaten up by its infinite number of baby vassals and baby wars, gobbling up everything in sight.

Just look what happened to the American war machine’s babies in Ukraine.  That whole country is now toast after it let the Iron Butterfly in.  And its baby, Israel?  Almost every “gardener” in the world hates Israel now — because it has become yet another caterpillar pest, eating up everything in sight.

And just look at those ISIS “rebels” in Syria that the American war machine has sponsored, supported, encouraged and trained.  John McCain even had his photo taken with some of these guys.

According to Rick Sterling, writing in Counterpunch, “The names of James Foley and Steven Sotloff can be added to those of about 200,000 Syrians who have died as a direct consequence of US policy of regime change by proxy war in Syria.”

And according to journalist Thierry Meyssan, “We know from the British news agency Reuters that, in January 2014, a secret session of Congress voted financing and arming the Free Syrian Army, the Islamic Front, and Al-Nosra Front of the Islamic Emirate until September 30, 2014…[and] finally, in mid-February, a two-day seminar at the US National Security Council was attended by heads of allied secret services involved in Syria, definitely to prepare the EIS offensive in Iraq.”

But now America’s war machine is currently bombing the crap out of ISIS, its own baby.  Eating it alive too.  What’s with that?

Nigeria thought it could cuddle up to this butterfly mother too.  Well, Nigeria’s oil is now paying for America’s endless wars.  And so is Iraq’s oil.  And Syria’s oil.  And Libya’s.  Libyan “rebel” leaders thought they could kiss up to its mother as well — and now they also have had their heads bitten off by good old Mom.

And Saudi Arabia had better watch out.  It is next.  That’s all I gotta say about that.

I guess that the only difference between the life-cycle of the caterpillar and the life-cycle of the American war machine is thatcaterpillars turn into butterflies, go on to lay more eggs and so the cycle continues — whereas the American war machine just eats its young.

Calling it treason: When American leaders steal over 11 trillion dollars from US taxpayers

“None dare call it treason,” intoned various Joe McCarthy supporters back in the 1950s.    But I’m daring to call it treason now — when the very people that Americans elect and trust set about to deliberately and purposely steal all our money so they can run a serial-killer torture chamber in our basement.

What red-blooded decent patriotic American has ever said, “Gee, I want to spend my tax money on Abu Ghraib and blowing up women and children and ‘full spectrum dominance’ rather than infrastructure and schools!”  But yet that is where our money is now going.  In my book, that is treason.

People are starving on the mean streets of New York City and Houston and Miami so that others can afford to bomb women and children in Syria, Libya, Iraq, Palestine and Ukraine.  Sounds like treason to me.

We Americans have neglected our own country for far too long.  And if we ourselves don’t stop the American military-industrial complex’s war machine, then we too should be tried for treason and sent to jail for forsaking the precious values of freedom and equality that this country was founded upon.

Us.  Off to jail too — along with the faceless serial-killer treasonous ogres in Washington who hide behind their benevolent Jason-like masks of Patriotism and War.


Jane Stillwater is a regular columnist for Veracity Voice
She can be reached at: jpstillwater@yahoo.com

Putin, Not Ukraine, Is Vexing America

September 7, 2014 by · Leave a Comment 

Forget about alleged Russian aggression and land grabbing in Ukraine – the real problem for the United States is Vladimir Putin. To be more precise, the real problem is a strong, independent Russia under the leadership of President Putin, a Russia that stands up for its national rights, respect for international norms and which is not prepared to simply roll over to placate American hegemonic selfish interests, like propping up its bankrupt dollar.

As the American-led NATO military alliance meets in Wales this week, it is obvious that Washington and its European minions are thrashing around trying to find a new purpose for an organization that was formed 65 years ago during the Cold War. The summit in the Welsh city of Newport is being billed as «the most important meeting of NATO since the end of the Cold War» – might we wonder why? – more than two decades ago.

US President Barack Obama is in attendance with 60 world leaders, including those of the 28 NATO member states. Shamelessly, there is much high-flown rhetoric about «defending Europe from Russian aggression». NATO secretary general Anders Fogh Rasmussen even had the gall to state, at the opening of the conference, that «Russia is attacking Ukraine».

«So we continue to call on Russia to pull back its troops from Ukrainian borders, and stop the flow of weapons and fighters into Ukraine», said Rasmussen without a modicum of evidence, or even a semblance of citing evidence.

The day before the NATO summit opened, Barack Obama, speaking in Estonia, used the very same kind of provocative rhetoric, accusing Russia of aggression in Ukraine and violating international law. The American president rolled off slanderous words about «Russian-financed, Russian-armed, Russian-trained, Russian-supported and often Russian-directed separatists in Ukraine».

As Russia’s envoy to NATO, Alexandr Grushko, said of such accusations mouthed by Western leaders, «they are not facts, they are forgeries». Grushko said that NATO was escalating tensions with Russia without any evidence to support its reckless conduct. «There have been no troop build-ups or movements of military hardware», he added.

It is astounding that all the militarist hype surrounding the NATO conference, along with bombastic declarations of collective security and vows to protection «our members in Eastern Europe», has been invoked with absolutely no credible proof, such as satellite images of Russian troop and tank movements, missile launches or aircraft incursions of Ukrainian territory. It’s like policy is being made on the basis of fantasy and preconceptions.

However, that’s not to say that there aren’t real concerns at play. There most certainly are. But the Western powers and their dutiful so-called news media are in full propaganda mode to conceal what those underlying concerns are.

What Obama and other senior US figures have been emphasizing over the past six months has been the need for European members of NATO to «step up to the plate» in terms of financing NATO. For most of its 65-year existence, the US has largely funded the workings of NATO, being by far the largest member. There is good reason for this historical American largesse. NATO has served as the US vehicle to exert a dominant military, political and economic presence over Europe. Without NATO, Washington would have significantly reduced influence over its European «allies». In particular, Washington might have to witness a natural historical tendency for closer political and economic ties between Europe and Russia, if it were not for NATO’s grip on the continent.

It is significant that over the past two decades since the end of the Cold War – and hence arguably the end of NATO’s purpose – European funding of the organization fell from over 30 per cent down to nearly 20 per cent. In other words, that suggests that European states were losing interest in NATO as having any relevance in the post-Cold War era. It seems that what Washington is hell-bent on doing is to revive the relevance of NATO by talking up the threat to European security from Russia. A revived NATO means a revived US presence in Europe, which is essential for American global hegemony.

This would give the real meaning for why Washington has taken the lead over past year in escalating tensions with Russia over Ukraine. This has in turn led to a growing chasm between Moscow and Europe, where up to recently there were cordial diplomatic relations based on substantial economic and trade partnerships.

Of course in this political endeavour Washington has found willing European accomplices to accentuate tensions. The British government has played a trusted lackey role for the American agenda, as has the US handpicked junta in Kiev led by Arseniy Yatsenyuk, as well as the pro-Western regimes in Poland and the Baltic states.

This underlying agenda of American geopolitical hegemony – not alleged Russian aggression – was betrayed earlier this week during the joint speeches of Barack Obama and his Estonian counterpart Toomas Hendrik Ilves. When both leaders were asked about their views on the 1997 Founding Act between NATO and Russia, they said that the commitment to non-expansion by NATO was now redundant because the «landscape had changed».

The American-educated Estonian leader said: «That was the security environment of 1997, when Boris Yeltsin was [Russian] President, and there had been no violations of either the UN Charter or the 1975 Helsinki Final Act, the 1990 Paris Charter».

Note that Ilves reiterates groundless assertions that Russia has committed violations of the UN Charter and other treaties. But what is telling is his reference to former Russian leader Boris Yeltsin. Yeltsin was acceptable to American and Europeans because he was seen as a weak, pliable figure that allowed Western capital free rein in the newly opened Russian territory following the collapse of the Soviet Union. Yelstin’s era was also a time of rampant corruption by Russian oligarchs who were closely associated with Western capital. That corrosive culture came to a halt with the election of Vladimir Putin twice as president between 2000-2008, and again in 2012.

In his speech, Obama concurred that «much has changed» since the NATO-Russia Founding Act of 1997, making the latter non-applicable. But Obama’s words gave more away about the deeper political concerns. He said of Russia: «I’ve said consistently our preference is a strong, productive, cooperative Russia. But the way to achieve that is by abiding to international norms, to improving the economy, to focusing on how they can actually produce goods and services that other people want and give opportunity to their people and educate them. That’s not the path that they’ve been pursuing over the last several years. It’s certainly not in evidence when it comes to their strategy in Ukraine».

So what Obama, that is, Washington, is concerned about is not Ukraine or alleged Russian aggression, but rather issues of «economic production and cooperation» – that is cooperation with Western capital. What’s more, «that’s not the path that they’ve [Russian government] been pursuing over the last several years». In other words, that’s not what Russia is permitting the West under the tenure of President Vladimir Putin; and this predates the recent crisis in Ukraine.

These real, underlying American concerns about Putin’s Russia not playing American ball were spelled out in an opinion column in the New York Times earlier this year, on March 23, by the former US ambassador to Moscow, Michael McFaul.

Notwithstanding false claims about annexing Crimea, McFaul writes: «The decision by President Vladimir V Putin of Russia to annex Crimea ended the post-Cold War era in Europe. Since the late Gorbachev-Reagan years, the era was defined by zigzags of cooperation and disputes between Russia and the West, but always with an underlying sense that Russia was gradually joining the international order. No more».

The former American ambassador goes on to lament «the collapse of the Soviet order did not lead smoothly to a transition to democracy and markets inside Russia, or Russia’s integration into the West». In other words, Russia did not make a smooth transition that suited American interests.

McFaul lays the blame for this lack of Russian «integration into the West» on President Putin, accusing him of being «an autocrat» and of harking back to the days of the old Soviet Union. McFaul’s invective against Putin is just slander, but what it barely conceals is that Washington is acutely disgruntled with how it perceives Putin’s Russia as not acting like a vassal state, as it was intended to be under Yeltsin at the time of signing the Founding Act between NATO and Russia.

That is why Washington now wants to scrap the Founding Act, and to push NATO expansion around Russia’s borders.

McFaul ended his NY Times column by calling for isolation and punitive sanctions on Russia, a policy that has become ever more pointed in subsequent months.

And it is more than a coincidence that America’s rulers have stepped up their aggression towards Russia since President Putin has embarked on a raft of regional trade and development alliances with Eurasian countries, Iran, China, and other BRICS nations, as well as Latin America. Putin’s declared moves to replace the US dollar with bilateral currencies for transactions in energy trade has also marked him out as a threat to US hegemonic interests. Putin’s Russia has also stood by its Syrian Arab ally over the past three years rather than relenting to the US-NATO criminal agenda of regime change in that country.

This is the context for why Washington is corralling NATO with the «crisis in Ukraine». It is not about Russian aggression. It is about Putin being an independent world leader who is not bowing down to American imperial dictate.

Source: SCF

False Fronts For Wall Street

September 7, 2014 by · Leave a Comment 

The power of moral sanction is something Wall Street takes very seriously. So seriously, in fact, that over the last two decades, hostile takeovers of authentic civil society organizations, known for exercising moral sanction (i.e., Sierra Club and Pacifica Radio Network), have evolved into full-fledged displacement by corporate false fronts (i.e., Avaaz and 350).

While the membership-based Sierra Club and Pacifica Radio Network fought back and reclaimed their boards of directors, false fronts and compromised NGOs (i.e. Amnesty International USA) have become what is known as imperial civil society. Used to justify privatization, austerity, and military aggression by NATO and the US, they reflect a perversion of moral sanction.

As Maximilian Forte writes in Civil Society, NGOs, and Saving the Needy, the main purpose of the burgeoning civil society fad – that comprises the international bureaucracy of neoliberalism – is to legitimate anti-democratic politics. In order to take over basic functions and powers of the state, this bureaucracy – engaged in development, governance and aid – justifies itself by creating a “need,” thereby cornering the market on “humanity.”

With corporate and government funding, often laundered through banks and foundations, international NGOs inspire pathos by constantly producing images of despair — thus allowing them to dominate discourse from an emotional vantage point. As a market-oriented institutional apparatus, this vast bureaucracy works hand in hand with military and finance authorities, thus functioning as Trojan horses on a par with transnational organized crime.

As a fifth column of fascism, imperial civil society – funded by such entities as Rockefeller Brothers Fund, Ford Foundation, and Soros Open Society Institute – operates worldwide (in tandem with official false fronts like USAID, National Endowment for Democracy, and US Institute for Peace) to subvert sovereignty and derail democracy in favor of US hegemony.

Overthrowing and destabilizing governments, using NGOs like Avaaz as provocateurs, puts authentic non-profits and journalists at risk. Indeed, the imperial network of financiers like Soros makes NGO entrepreneurs in the pro-war champagne circuit accomplices in crimes against humanity. As frontline opportunists in the psywar waged against public consciousness, these false fronts legitimate “humanitarian warfare” and “free-market environmentalism,” employed against indigenous peoples and independent states.

With help from Ford, Rockefeller, Gates and Soros, imperial civil society is admittedly a formidable foe, but not an invulnerable one. Built on a foundation of fraud, the power of moral sanction they have hijacked can effectively be turned against them. While false fronts are able to dominate social media, they do not own our minds; they are merely social engineers operating under false pretenses that we can reject at will.

Jay Taber is an associate scholar of the Center for World Indigenous Studies, a contributing editor of Fourth World Journal, and a featured columnist at IC Magazine.

Source: PressTV

NWO Enforcer: NATO Threatens WW III

September 6, 2014 by · Leave a Comment 

The New World Order has been in place for centuries. Is it not time to start calling the NWO by another name? A descriptive term that encapsulates the essence of the beast would be a Nefarious Warrior Organism. Such a phrase strips away the ridiculous notion that there is any order in the malevolent organization of the parasitic global structure, based upon perpetual and permanent warfare. This depiction more closely resembles reality, even if the master mass media refuses to acknowledge How the World Really Works. Discard any condemnation that criticism of the established order rests upon conspiratorial fantasy or pre-medieval prejudices. Explaining away or ignoring basic human nature in a “PC” culture ultimately requires the adoption of a depraved Totalitarian Collectivism system.

Students of world affairs are not strangers to the practice of lies and deception. One of the grand daddies of the Nefarious Warrior Organism, and infamous war criminal, Henry Kissinger has a new book, World Order. An excerpt published in the Wall Street Journal, Henry Kissinger on the Assembly of a New World Order, spews the same poppycock that underpins the destructive policies and practices that has the world ripe for an apocalyptic conflict, needed to rescue the banksters of international finance from their derivative Ponzi scheme.

“Libya is in civil war, fundamentalist armies are building a self-declared caliphate across Syria and Iraq and Afghanistan’s young democracy is on the verge of paralysis. To these troubles are added a resurgence of tensions with Russia and a relationship with China divided between pledges of cooperation and public recrimination. The concept of order that has underpinned the modern era is in crisis.

The international order thus faces a paradox: Its prosperity is dependent on the success of globalization, but the process produces a political reaction that often works counter to its aspirations.”

How convenient to disregard the fact that incessant conflicts are direct results of policy maker schemes in Washington, London, Israel and the global sanctuaries and redoubts where the Mattoids reside. Policy objectives, invariably implemented with force, coercion and military carnage is the real reason why the NATO enforcement machine was not disbanded with the ending of the Cold War.

Over a decade ago the essay, NATO a Dinosaur Overdue for Extinction stated that national sovereignty of individual states was never an objective after the collapse of the Soviet Empire. Quite to the contrary, NATO’s expansion to accept the Czech Republic, Hungary and Poland (1999), Bulgaria, Estonia, Latvia, Lithuania, Romania, Slovakia, Slovenia (2004), and Albania and Croatia (2009) as members illustrates that the purpose of NATO clearly has a focus on becoming the global police force for the NWO.

“If the breakdown in NATO is destined to avail an opportunity to curtail the Yankee Hyperpower, the alternative need not be the formation of another suspect alliance. It is not unpatriotic to advocate the wisdom in an America First policy. NATO doesn’t secure or advance our country, but only provides the military command and enforcement that imposes the will of global masters. Resistance and opposition against an independent EU rapid defense force, comes not from the nations of Europe, but from the elites that control the mechanisms of global power. NATO is one of their tools. Alliances are one of their methods. And suppression of viable self determination is their cherished goal.”

Seasoned observers of the backstabbing game of international intrigue must love the way that The State Department’s New World Order Agenda rears its ugly head with NeoCons running U.S. foreign policy.

“That esteem champion of national sovereignty, Victoria Nuland, Assistant Secretary of State for European Affairs, is hardly a protector of the duly elected Ukrainian government. Actively working to depose that regime for one acceptable to the EU/NATO system claims such actions as legal and sound policy, for the good of the Ukrainians. When Toby Gati, the former White House senior director for Russia, defended Nuland, the futility of a joint cooperative strategy exposes the reality of blowback to the EU.”

In order to understand the true nature of the psychopathic motives and vicious tactics that threaten a global conflagration, examine Victoria Nuland’s family ties: The Permanent Government in action. Kevin MacDonald dares reveals the family tree structure of the NeoCon clan of subversive fifth column infiltrators within our own government.

“Ethnic networking and ties cemented by marriage are on display in the flap over Assistant Secretary of State Victoria Nuland’s phone conversation with Geoffrey Pyatt, U.S. Ambassador to Ukraine. As VDARE’s Steve Sailer puts it, Nuland is a member of a talented, energetic [Jewish] family that is part of the Permanent Government of the United States.”

The expected result of such treachery is that the IMF and EU Capture of Ukraine becomes the spark that ignites a fuse set to explode into an intended Ukrainian civil war.

“It should be obvious that the recent putsch and regime change in the Ukraine inspired and backed by the U.S. shadow government, benefits the international banksters. For the average EU resident, only further economic displacement and diminished prospects can be expected from any inclusion of Ukraine into the EU dictatorial structure.”

Of course, the actual target, slated for removal is Vladimir Putin Nemesis of the New World Order. Russian defiance of the Nefarious Warrior Organism cannot stand.

“The context for any serious discussion on foreign affairs must start with the admission that the New World Order is the dominant controller of political power, especially in western countries. The NeoCon/NeoLib cabal dictates worldwide compliance. Nations conform to the financial supremacy of banksters, administered by handpicked political stooges. Global governance is the end game destined for all states. Individual nations slated for extinction are doomed as long as the NWO advances their worldwide imperium.”

The terror of descending into an abyss that triggers a nuclear World War III is actually a ruse. Such a holocaust will not happen by chance. Only when the transcendent Satanist elites have all their prey in the sights of their directed fallout, will the button be pushed.

China is certainly part of the NWO gang of comrades. The prospect for their involvement seems more likely than Russian recklessness. Ready for World War III with China?, has that old black magic of Kissinger come alive with the designated strategy intended to defeat America.

“China does not want an apocalyptic war with the United States. They are content to wage economic and financial warfare. Notwithstanding the trade dependency that the globalist cabal originated by the Nixon-Kissinger tools with the Red Communists, the authoritarian People’s Republic of China, are winning the financial battle.”

NATO’s belligerent and bellicose deployments around Russia are part of a plan to isolate, marginalize and shatter the economy and influence of Putin in the region. Neutering the Russian Bear facilitates the spread of central banking direction over the natural resources and across the time zones of this dissident former commie.

Since all obedient Marxists sing the song of the Internationale as they report to the gnomes of the Bank of International Settlement, do not be duped into thinking that NATO is a force for stability and legitimate defense. Involvements from Afghanistan to Kosovo or Iraq to Libya, demonstrates there are no short list deployments. The tentacles of drone assaults have nonconforming regimes posed for eventual collateral damage. As the Nefarious Warrior Organism metastasizes, the cancer becomes terminal. Actually blowing up the planet risks the destruction of property. Just the risk of universal annihilation serves the extortionist better, by maintaining a campaign of everlasting fear. NATO becomes the strong-arm enforcer, wheeling brass knuckle punches, when tribute payments become late.

Killing hundreds of millions if not billions is far more efficient using germ warfare in a mutation of a designer pandemic. NATO’s intimidation best functions as a warning of potential incursion than an actual skirmish on a battlefield. The next arms race is to advance electronic countermeasures to protect the flow of debt collection. The NWO can encircle the few remaining enclaves of freedom, but rebel states confined to benign reservations, cannot expect much better.

Dread that World War III is on the horizon is most useful to the elites that play the puppeteer game of diversion and slide of hand. As independent countries fall into the cauldron of globalism stew, the only morsel that remains of the sweet taste of liberty resides in the memory recesses of the past.

The masters of global chaos, served well with the life work of Henry Kissinger and Zibigneiw Brzezinski, prosper on the suffering of the rest of humanity. Such megalomaniacs see the military-industrial-security complex as a continuum of a scorched earth campaign of Attila the Hun. Destruction and carnage reign, since the only empire that exists is the one that keeps the NWO elites in control.

America is long dead and the echoes of the past only serve as remembrance of the purported rendering of the NATO’s motto – ANIMUS IN CONSULENDO LIBER. Somehow, the translation, “Man’s mind ranges unrestrained in counsel”, seems only to apply inside the dementia of the Nefarious Warrior Organism.


Sartre is the publisher, editor, and writer for Breaking All The Rules. He can be reached at: BATR

Sartre is a regular columnist for Veracity Voice

“Untouchable”: Ferguson & The American Caste System

September 6, 2014 by · Leave a Comment 


When I was in India several years ago, I learned a lot about its historic caste system and the role of its “untouchables”.  But I never put two and two together — that we might have “untouchables” and a caste system here in America too — until I saw photos of what happened in Ferguson, Missouri, this August. http://www.stltoday.com/news/multimedia/special/ferguson-in-pictures/html_24b2b105-90e3-5ef0-9c65-769e848c0d31.html

When I was in the Peace Corps in South Africa, I learned all about its grim apartheid practices in the past.  But I never actually figured it out — until Ferguson — that America practiced apartheid too, and that the old apartheid bantustans of South Africa strongly resemble modern African-American bantustans like Ferguson; deliberately kept isolated, controlled and apart from the rest of America until there is almost no hope of ever getting out of them except by doing hard time in prison.  http://www.blackagendareport.com/node/14361

When I visited the slums of Kampala, I was struck by what a third-world country Uganda was, with many of its poorest citizens being jobless, homeless, hopeless and living a bleak hand-to-mouth existence.  But it never occurred to me that parts of America have similar unemployment rates, sparse education systems and the hopelessness of a third-world country too — until Ferguson gave me that new perspective.  http://www.berkeleydailyplanet.com/issue/2014-08-22/article/42376?headline=Why-Ferguson-Blew-Up--and-What-Can-We-Learn-About-Gaza—By-Becky-O-Malley

In Israel/Palestine, I saw people constantly discriminated against “not by the content of their character but by the color of their skin,” to paraphrase Martin Luther King.  But not until Ferguson, where whites clearly hold all the power and use it corruptlyhttp://stlouis.cbslocal.com/2013/08/21/subpoena-reveals-focus-federal-probe-in-st-louis-county/, did I realize how deeply ingrained institutional racial and economic prejudice was in America too.  http://vimeo.com/103920346

When I was embedded in Iraq, I saw American tanks and weaponry like you wouldn’t believe, used on Iraqi civilians to keep them in line.  But it wasn’t until I saw videos of Ferguson that I realized that the use of tanks and military weaponry have become standard warfare procedure against civilians here in America too.  http://readersupportednews.org/opinion2/277-75/25310-the-most-wanted-man-in-the-world

When I was in Burma, I saw minorities being labeled as inferior, being called insulting names and constantly being accused of laziness, stupidity, immorality and violence to the point where in some cases the minorities actually started suffering from the Stockholm Syndrome and becoming all the things that they were constantly being labeled as — but I never really brought this connection back home until Ferguson.  http://readersupportednews.org/opinion2/277-75/25515-focus-ny-times-dishonesty-on-ferguson-called-out-on-msnbc-and-at-times

When I was in Honduras, I heard tales about how Ronald Reagan funded his brutal death squads there by having the CIA fly whole plane-loads of drugs into secret airfields in Arkansas via “Air America” and then sell all those drugs in the ghettos here at home.

http://www.amazon.com/The-Underground-Empire-Governments-Embrace/dp/0385175353

http://www.amazon.com/Cocaine-Politics-Central-America-Updated/dp/0520214498/ref=pd_sim_b_4?ie=UTF8&refRID=11C8MB7EWPKSZZMEHNQH

http://www.amazon.com/The-Big-White-Lie-Epidemic/dp/156025064X/ref=pd_sim_b_6?ie=UTF8&refRID=11C8MB7EWPKSZZMEHNQH

http://www.amazon.com/Trafficking-Boom-Bust-America-Cocaine/dp/0684190249

http://en.wikipedia.org/wiki/Allegations_of_CIA_drug_trafficking

http://en.wikipedia.org/wiki/The_Politics_of_Heroin_in_Southeast_Asia

http://www.globalresearch.ca/the-spoils-of-war-afghanistan-s-multibillion-dollar-heroin-trade/91

http://www.geopoliticalmonitor.com/afghan-heroin-the-cia-519/

I knew that, back in the 1980s, the sudden availability of cheap crack cocaine had hit America’s Black communities like a ton of bricks — but I hadn’t really realized how much this crack epidemic had hurt these communities, even decades later, until I saw what the results of this evil agenda of deliberately choreographing drug sales in America’s ghettos had done to the societal fabric of American cities and towns like Ferguson back in the 1980s — and how hard, even today, that “authorities” are still fighting to keep the residents of places like Ferguson from ever putting their lives back together again.

When I was in Afghanistan, I constantly heard all kinds of stories about how American military planes would arrive there all loaded up with military supplies and then fly back to America loaded down with heroin, and that the dirty-money made on these ventures would help finance the American military-industrial complex’s Forever Wars.

But I never thought to associate all of this foreign drug trafficking with the breakdown of African-American cultural norms due to the sudden availability of huge amounts of heroin in ghettos all across our own nation — at least not until Ferguson caused me to see that the break-down of cultural norms in American ghettos had been carefully orchestrated and planned to do just that.  And while turning a profit too — so that our own impoverished ghetto bantustans here at home are actually helping to finance the American military-industrial complex’s grim slaughter-for-empire abroad.  Think about it.  http://2.bp.blogspot.com/-gisn_M08QVM/VAN0ebyytQI/AAAAAAAAJgo/2K-SMW2idPg/s1600/a%2Bmari.jpg

When I was an election observer in Syria last June, I soon learned not to trust anything the American and British mainstream media claimed about election fraud there.  There was no election fraud there.  Period.  https://www.youtube.com/watch?feature=player_embedded&v=oMjXbuj7BPI  So why should I believe anything the MSM says about an American bantustan called Ferguson.  Hell, many residents of Ferguson are victims of election fraud themselves.  http://www.msnbc.com/melissa-harris-perry/report-warns-voter-suppression-missouri

Shame on me for so easily seeing all the bias, racism, apartheid, military brutality, corruption, caste systems and just down-right immoral behavior by ruling-class Brahmans that routinely happens in other countries — but failing to see that all these grim tactics are being used right here at home too.  http://readersupportednews.org/opinion2/277-75/25571-most-police-dont-live-in-the-cities-they-serve

  And shame on America for letting all this profiling, perfidy, pilfering and prejudice go on for so long back here at home — where we Americans are supposedly civilized and moral, and supposedly hold ourselves to the higher ideals of liberty, equality and democracy.   http://vimeo.com/84249535

What a waste of human resources, human compassion and human life.

Something drastic must be done immediately to rectify this grim situation if we are ever going to pull the emergency brake on America’s rapid downward descent into feudalism and fascism — starting with using the trillions of dollars that we will save when we put a stop to ruthless military adventurism, and instead use that money to open world-class schools in every ghetto (and even in every non-ghetto) in the land, and to provide decent, chemical-free non-mutated food on every table too. http://www.berkeleydailyplanet.com/issue/2014-08-29/article/42408?headline=Berkeley-Soda-Tax-Opponents-File-Suit-Challenging-Ballot-Language–Jeff-Shuttleworth-BCN-  And to change America’s reality away from what it is now:

We now live in a nation where
doctors destroy health
lawyers destroy justice
universities destroy knowledge
governments destroy freedom
the press destroys information
religion destroys morals
and our banks
destroy the economy.
       –Chris Hedges

PS:  Can American taxpayers really afford to pay for the occupation of Ukraine, Palestine, Iraq, Syria and Ferguson?  Plus why would we want to?  http://www.informationclearinghouse.info/article39512.htm

The American military-industrial complex is currently spending 1.5 million dollars a day on military operations in Iraq.  Imagine if that money was being spent to send Black kids to college — or to supply a college education to all American kids too for that matter.  http://www.theguardian.com/world/2014/aug/29/us-operations-isis-iraq-cost-7million-day

Every single patriotic American who loves his or her country needs to immediately get on the phone (and not even just go on FaceBook either) and make calls to Congress, the White House and the Supreme Court — bluntly telling them, “I’m sick of war!” https://www.aclu.org/secure/communities-warzones

PPS:  “But Jane,” you might say, “those people in Ferguson blatantly stole stuff and looted and defied the law.”  Yeah they did.  But then so did Cliven Bundy — and nobody seemed to object to that.  Angry Ferguson-Americans obviously need to learn how to steal and loot and defy the law Bundy-style!  Fox News will probably even make them heroes.   And maybe Bundy could even give them some tips.

Or maybe the citizens of Ferguson can get some tips from the primitive horde of neo-Nazis that the American military-industrial complex has recently hired (for five billion dollars) to shoot up and loot Ukraine — including but not limited to that Malaysian airplane that we never read about any more after it became public knowledge that Ukrainian neo-Nazis, not Putin, shot it down. http://www.wsws.org/en/articles/2014/08/09/mala-a09.html

When I was in Ukraine several years ago, everything was peaceful — but just look at it now.  It’s a war zone.  And just another example of our tax dollars at work abroad destroying people’s lives rather than fixing people’s lives here at home.

http://jpstillwater.blogspot.com/2009/09/rosh-hashanah-me-25000-hasidim-arrive.html

I wouldn’t mind at all if that five billion dollars had been spent here at home instead.  It could have bought Ferguson a new library, several new schools and probably a new hospital too.  http://www.globalresearch.ca/american-conquest-by-subversion-victoria-nulands-admits-washington-has-spent-5-billion-to-subvert-ukraine/5367782


Jane Stillwater is a regular columnist for Veracity Voice
She can be reached at: jpstillwater@yahoo.com

The Low-Information Evangelical – Part 2

August 31, 2014 by · Leave a Comment 

Appearing in part 1 is the phrase “low-information voter” (LIV) which is oft used by a popular radio talk show host.  The host suggests that those who make up this population set are individuals who vote for a candidate or important issue having little or in most cases zero knowledge about either.  LIVs are highly opinionated even when they have no idea what they’re talking about.

Also included in part 1 was the following quote from D. Edmund Wright.  I appreciate the way he expands on the LIV concept:

But forget low-information voters for just a minute; the malignancy that is really destroying this country is low-information people with high-profile power and/or influence.  You know, people who would lobby for, comment on, advocate for, or vote on laws like ObamaCare without any understanding of its real-world impact.  Such felonies are then carried out by low-information bureaucratic microbes with the power to destroy lives and businesses with impunity, and a political and talking-head class with the access and sway to codify these common malfeasances. Destruction of private property and liberty – and these two concepts are not divisible – takes place in government cubicles every minute of every day across the country.  And why not?  (Source – emphasis in original)

His thoughts fit nicely with what I’ve come to believe about many leaders in the evangelical community.  Specifically, a large number of them are uninformed people with high-profile power and/or influence.  The LIVs Wright’s pointing a finger at are liberals.  Likewise many of the evangelicals that came to mind for me are liberals but because liberal has a negative connotation they prefer “progressive Christian” or “social justice Christian.” Take your pick.  But whichever one you go with has its roots in communism.

So to Christianize the LIV phrase I simply changed “voter” to “evangelical,” thus it became “low-information evangelical” (LIE).   I defined the LIE in this way:

Reminiscent of the LIV, the high-profile LIE does not understand the impact that his unorthodox view has on the visible church.  When it comes to the Bible, the LIE has opinions on a variety of challenging topics.  Even when his opinion is decidedly unbiblical, he presents it as the gospel truth.  The LIE’s arguments are often based, not on what God’s Word clearly teaches but instead on esoteric experiences he’s had or what he’s picked up from LIE celebrities.  

More on esoteric experiences in a moment.

There’s also a group of evangelicals that fall into the category of undistinguished LIE (ordinary folk).  The term I bestowed on them is u-LIE.  This group is also uninformed on many things (both Christian and otherwise).  They are often biblically illiterate.  In part 1 I made this observation:

Sadly, some undistinguished low information evangelicals (u-LIEs) assume that popular pastors, teachers and best-selling authors would never steer them wrong.  But nothing could be further from the truth!

Last but not least, I coined the phrase LIE-celebs.  These individuals are prominent Christian leaders who are uninformed people with high-profile power and/or influence.  Many of them are false teachers who do not speak for God.

LIE-celebs And Their Vain Hopes

God tells us how we are to handle false teachers:

Thus says the LORD of hosts: “Do not listen to the words of the prophets who prophesy to you, filling you with vain hopes. They speak visions of their own minds, not from the mouth of the LORD.” (Jeremiah 23:16).

We are to pay these folks no mind.

One example of a LIE-celeb is popular women’s Bible teacher Beth Moore.  In part 1 I reported on Moore’s claim that she receives personal direct revelation from Almighty God.  In other words, God tells her things.  According to her, He calls her “baby” and “honey.”  I’ll have more to share on this modern day prophetess in a moment.

LIE-celeb Joyce Meyer also claims that she receives extra biblical revelation or “revelation knowledge” from the Almighty.  Both Moore and Meyer’s respective claims clearlydeny the sufficiency of Scripture.   Equally troubling is that Joyce holds to heretical Word of Faith (WoF) theology.  So naturally her students are swallowing the poisonous prosperity health and wealth gospel that does not save anyone.  Following is an erroneous assertion made by her:

The Bible can’t even find any way to explain this. Not really.  That is why you have got to get it by revelation. There are no words to explain what I am telling you. I have got to just trust God that he is putting it into your spirit like he put it into mine. (Source)

Why do I say this is erroneous?  Because it’s not taught in the Bible.  She made it up.  How do I know this?  I searched the scriptures.  (Acts 17:10-15)   Nowhere does Scripture teach that God’s people are given special “revelation knowledge.”

“The fact that contemporary evangelicals seek ‘fresh’ revelations from God,” says Larry DeBruyn, “indicates that they no longer consider Holy Scripture to be sufficient and authoritative in matters of faith (2 Timothy 3:16). This seeking is Gnostic and mystic.  Harvie Conn …a former missionary in Korea, noted that the ‘central feature of mystical religion is its ‘belief in special revelation outside the Bible.’ Yet if the Bible is no longer considered sufficient, the coming of “new revelations” raises the following conundrum. I repeat it.

If added revelations repeat what’s in the Bible, they are unnecessary. If new revelations contradict the Word of God, they are heresy. And if they supplement God’s Word, then the new revelations imply Scripture’s insufficiencyand about this Proverbs warns: ‘Add thou not unto his [God’s] words, lest he [God] reprove thee, and thou be found a liar’ (Proverbs 30:6, KJV).” (Source – emphasis added.)

Gnosticism is esoteric mysticism – a desire to “know the unknowable.”  One of the obstacles the early church faced was Gnosticism.  The Gnostics believed that the masses are not in possession of spiritual knowledge, and only the truly “enlightened” can experience God.  The Apostles condemned Gnosticism as a heresy.

But Gnosticism is not the issue; the issue at hand is this: how can one know for certain if Meyer’s so-called revelation came from God?  “Is she on par with the apostles who received revelation knowledge from God himself?” asks apologist Matt Slick.  He continues:

Or how about the Old Testament prophets?  Does she, like them, also receive revelation knowledge from God?  If so, how would we know if it were true or not? The answer is simple:  we test what she says against Scripture, and it is obvious that she is getting a lot of things from somewhere else that contradict the word of God. (Source)

More On Moore

In part I brought the reader up to speed on Beth Moore’s slide into mysticism and also gave a heads up on her unbiblical teaching and had planned to leave it at that.  But then the news came that she made an appearance on Joyce Meyer’s TV show.  This is the sort of news Beth fans should be made aware of, so I decided to include a bit about it here.  Just before her appearance Beth tweeted:

I have the great privilege of sitting down w/@ Joyce Meyer in her studio today to talk about unity. Pray for Jesus to be so present & pleased.

The unity Meyer and Moore espouse is man centered, not Christ centered.

Scoffers And Bullies And Meanies, Oh My!

So – Beth Moore sitting down for a chat with a WoF heretic is a problem in and of itself.  But the reason she gave for appearing on the show was to talk about unity.  The obvious question is why would a “solid Bible teacher,” as she is called, choose to unite with a woman who preaches a false gospel?   Although their tête-à-tête is troubling it’s not the only concern people have with her.  As I pointed out in part 1, she’s been under fire for, among other things, engaging in Christian mysticism, likewise for her acceptance of “charismania” which is odd for someone who’s an SBC Lifeway Bible teacher.  Another problem arose when she appeared on Life Today with “Protholic” and big time promoter of ecumenism James Robison and proceeded to advise the audience to tune out the “scoffers”:

We’re going to have people that are honestly going to want to debate and argue with us about awakening and downpours … But there will be scoffers and they will be the far bigger threat, the one within our own brothers and sisters, our own family of God — far, far more demoralizing. And yes, it will come from bullies, and yes, it will come from the mean-spirited(Source)

Beth’s attempt to shut people up who question her teaching should be concerning to Christian women who read her books and participate in Bible studies she has written.

Be Watchful! 

For those of you who are Joyce Meyer fans, it’s imperative that you wake up to the fact that some of this woman’s teaching is outright heresy.  Anyone who continues learning from her is choosing to remain under the teaching of what Jesus referred to in Mat. 7:15 as a ravenous wolf.  Listen to John’s warning:

Everyone who goes on ahead and does not abide in the teaching of Christ, does not have God. Whoever abides in the teaching has both the Father and the Son. If anyone comes to you and does not bring this teaching, do not receive him into your house or give him any greeting, for whoever greets him takes part in his wicked works. (2 John 9-11)

Sadly, a growing number of LIE-celebs, likewise u-LIEs, are taking part in the wicked works John spoke of.

We are living in perilous times, brethren.  It’s now common place for professing Christians to dabble in mysticism.  The result?  Many believers boast of having subjective magical mystical experiences such as visions; dreams; impressions; hearing inner voices; experiencing private illumination; and angel visitations.  Warning! Christians who engage in esoteric mysticism deny sola Scriptura – the sufficiency of Scripture.

God’s people must come to grips with the fact that historic orthodox Christianity holds to the belief that everything we need to know about our Triune God is contained within the pages of the Bible.  (Psalm 119:105)

Stranded In Spiritual Infancy

Following is an observation by apologist and author Bill Muehlenberg from a post entitled Kindergarten Christianity:

We have millions of believers who may have been saved decades ago, but are still acting like spiritual infants. They have not grown much, they have not progressed much in their walk with Christ, and their spiritual condition is rather anaemic [sic] and shallow.

They have not become genuine disciples in other words, and they are still stranded in a spiritual infancy. They can’t even handle the deep truths of God as revealed in Scripture. Indeed, many of them hardly even read their Bibles, barely pray, or engage in in-depth fellowship.

No wonder they are still floundering around as babies. They have not moved beyond the nursery. They are all stuck in day care. They are permanent residents of Christian kindergarten. Sadly this is so very widespread today in our churches.

This brings me back to the low information evangelical.  As Muehlenberg pointed out, many Christians prefer milk to solid food.  (1 Cor 3:1-3)  Consequently they’re biblically illiterate…which is the reason for the colossal lack of discernment among Christians.  So it should come as no surprise that the worst sort of unbiblical teaching has reared its ugly head in the visible church, thanks largely to diaper-wearing milk-fed u-LIEs who rarely, if ever, go to the Bible to scrutinize someone’s teaching.  (1 John 4:1)  These same u-LIEs are the ones who put on a pedestal/promote/pay tribute to and finance the lavish lifestyles of LIE-celebs, some of whom are prosperity preaching/health and wealth televangelists. What will it take to get professing Christians to understand that they’re propping up heretics?

Before I close I must also mention that the liberal media seems to think that all Protestants are evangelicals – and that includes WoF heretics such as Joyce Meyer, Joel Osteen,T.D. Jakes and Oprah’s pal New Age/New Thought/Emergent guru Rob Bell.  Nowadays evangelical is such a broad term that it has lost its meaning.  Even Red-letter ChristiansTony Campolo and Jim Wallis, who have abandoned the biblical gospel for the “social gospel,” call themselves evangelicals.

Campolo, Wallis, Osteen, Bell, et al can say they are monarchs and wear a crown if they so desire.  But as I’ve said many times, a mouse in the cookie jar is not a cookie.

Resources:

Beth Moore: God’s Vision for the Church Includes the Roman Catholic Church “Denomination”—Apprising Ministries

Beth Moore recommends ‘Jesus Calling’ book—Apprising Ministries

Contemplative Prayer–On Solid Rock Resources

Cults and Heretical Teaching—On Solid Rock Resources

Emergent/Emerging Church—On Solid Rock Resources

New Age/New Thought Spirituality—On Solid Rock Resources

Occult—On Solid Rock Resources

Word of Faith/Televangelists—On Solid Rock Resources


Marsha West is a regular columnist for Veracity Voice

She can be reached at: embrigade@aol.com

Tired of Writing About Genocide? Then Write About FOOD!

August 16, 2014 by · Leave a Comment 

OMG, I am so sick and tired of writing about American-sponsored neo-Nazis in the Ukraine, American-financed genocide in Gaza and American-backed ISIS murderers in Syria and Iraq.  Geez Louise.  It’s enough to make me sick!

But not sick enough to stop eating.

Even though women and children are starving in Gaza and refugees in Erbil are hunkering down in city parks and Ukrainian babies are being shot by swastika-waving skin-heads, I still gotta have three or four square meals a day.

And all the average American can say about this insane world situation is, “Where the freak is Erbil?”  It’s in northern Iraq, stupid.  “Oh yeah?  So where is Iraq?”  It’s that rat-hole where three trillion of your tax dollars have been pounded down in the last 20 years.  Iraq is the reason you have no jobs, no infrastructure, no schools — and no solar heating.  http://www.truth-out.org/opinion/item/25376-us-presidents-reconsidered-by-death-toll

“But what’s a Gaza?”  Huh?

“It’s that charnel house in Palestine where Netanyahu practices being a fascist.”

“Who is Netanyahu?”  He’s that guy in Israel that you pay billions of dollars to every year so he can commit genocide.  Oh, good grief.

I need comfort food!  Now!

Forget about genocide and dead babies.  Let’s talk about sushi!  And mac ‘n’ cheese.  What is your favorite food?  I think mine is ice cream.  But I’m not sure.  Chocolate cake sounds good too.  http://blog.umamimart.com/

I once ate a beef stroganoff MRE in the Green Zone.  It was delicious.  And they had deep-fried tarantulas on offer at a roadside stall in Cambodia.  Yummers!  http://johnpilger.com/videos/year-zero-the-silent-death-of-cambodia

Got caught in a massive five-day storm off of Antarctica one time and popped Dramamine like it was candy — but still managed to eat. http://www.funnyordie.com/videos/10ce8fa617/foodie-by-jelly-donut-ashkon-daveed-diggs

Was stuck in Shenyang, China, for three weeks while waiting for my visa to North Korea to come through.  Thirteen million people in that city and only ten of them spoke English.  So I just drew a picture of a chicken and showed it to waiters.  That worked fine until one waiter brought me a live chicken.  Er, no.

And about a year later, when I finally did manage to get into North Korea, it was amazing to discover that Pyongyang featured luxury hotels, casinos, golf courses and elaborate 150,000-person choreographed mass games, all geared toward European tourists — who came in droves.  The food there, however, was on the level of mediocre California Chinese take-out — but I still felt guilty eating it, knowing how many North Koreans had starved to death in the past.

In Uganda, a young girl was selling homemade flour-and-grease chapatis on the street that were so good that I still dream about them.  “What’s a chapati?”  Oh shut up.

The hummus and matzos in Israel/Palestine were great, served under an olive tree in Hebron.  Loved Bethlehem and old Jerusalem — but why do people still keep accusing me of being anti-Semitic when I’m actually only anti-fascist and anti-apartheid?  I just don’t understand.  As Barb Weir is always fond of saying, “How come they never accuse the brave people who fought against apartheid in South Africa of being anti-white?”

On the beach in Yelapa, Mexico, an hour’s boat-ride south of Puerto Vallarta, friendly ladies will sell you lemon meringue pie right there on the beach.  But now you don’t even have to go to Yelapa to get it, you can buy lemon meringue pie right there in Puerto Vallarta.  Definitely worth the flight down if you can afford it — and if you can’t, there’s always the chocolate cream pie at the Sweet Adeline bakeshop here in Berkeley.  http://rt.com/op-edge/178640-immigrants-global-strategy-us/

In Motswedi, in northern South Africa, their potato fries are the best.  Just ask for Mma Peter if you go there.  Everyone knows her.  And give her a big hug from me if you do.

In Damascus, the oldest city in the world (I think), they had fabulous ice cream for sale in the souk.  That’s ICE cream, not ISIS cream.  If it had been ISIS cream, I wouldn’t have had to pay for it myself — Congress woulda footed the bill.

In al Anbar province, Iraq, I accompanied a U.S. Marine colonel and his staff to a “goat pull” thrown by the local sheik.  You gotta love goat meat.  But now that whole area is overrun by ISIS thugs, thanks to Bush, Obama and Hillary Clinton and their grand competition to see who can destabilize the Middle East best.

At a sidewalk cafe in Cairo, a waiter jokingly offered me 200 camels for my daughter Ashley’s hand in marriage.  At least I think he was joking.  And in the Caliphate of Saudi Arabia, biological mother to ISIS and Al Qaeda (America’s military-industrial complex is the father, but insists on keeping that fact on the down-low), I lived on KFC and Cinnabons at a high-end mall in Mecca.

In Haiti, you just gotta love their pumpkin soup.  In Afghanistan, their chicken kebobs were the best — unlike in Iran, where the kebobs tended to be rather dry.  Burma offered up excellent hand-made noodles.  Argentina had empanadas and beef.  Berkeley has the Berkeley Bowl, best produce store in the world.

I love food!  I love to eat!

So why do I keep thinking about all those poor starving children in Gaza and those poor slaughtered babies in Syria and Ukraine — thanks to the Yankee dollar?


Jane Stillwater is a regular columnist for Veracity Voice
She can be reached at: jpstillwater@yahoo.com

Globalists Push EU-style “Union” For Middle East

August 3, 2014 by · Leave a Comment 

As if globalist scheming had not yet caused enough death and destruction in the Middle East, the global government-promoting Council on Foreign Relations and various outfits associated with the secretive Bilderberg group are now pushing a radical new plot for the region: a European Union-style regional regime to rule over the Arab, Turkish, Kurdish, and other peoples who live there. The sought-after “Middle Eastern Union” would put populations ranging from Turkey and Jordan to Libya and Egypt under a single authority.

If the plot moves forward, like in other areas, it would usurp from the peoples of the region their right to self-government and national sovereignty. It would also advance the longtime establishment goal of setting up regional regimes on the path to a more formal system of “global governance.” Already, the peoples of Europe, Africa, South America, Asia, and other regions have had self-styled regional “authorities” imposed on them against their will. In the Middle East, numerous similar efforts such as the Gulf Cooperation Council and the Arab League have been making progress, too.

A true “union” to rule over the broader Middle East and North Africa, though, would represent a major step forward in the ongoing regionalization of power around the world. Using a wide range of pretexts to advance the scheme, top globalist outfits and mouthpieces claim such a regional government would solve myriad real and imagined problems. However, with the plot being pushed hard by the CFR and various globalist propaganda organs such as the Financial Times, a U.K. newspaper that is always well represented at the shadowy Bilderberg summits, there is good reason to be skeptical at the very least.

“Just as a warring [European] continent found peace through unity by creating what became the EU, Arabs, Turks, Kurds and other groups in the region could find relative peace in ever closer union,” claimed Mohamed “Ed” Husain, an “adjunct senior fellow for Middle Eastern studies” at the CFR, in a piece published in the Financial Times and on the CFR website last month. “After all, most of its problems — terrorism, poverty, unemployment, sectarianism, refugee crises, water shortages — require regional answers. No country can solve its problems on its own.”

Of course, the notion that Europe “found peace through unity” — in reality it was globalists surreptitiously crushing national sovereignty and foisting an unaccountable regime on the peoples — is fashionable among establishment types. In truth, though, “peace” hardly requires giving up self-government. Plus, many of the wars in Europe over the last century were actually fomented by the very same forces that imposed the EU on the continent. Prince Bernhard of the Netherlands, for example, was a member of the National Socialist (Nazi) party before going on to create Bilderberg, which attendees openly boast has played a crucial role in imposing the Brussels-based super-state that now dominates Europe.

Plenty of actual examples also refute Husain’s claims about the supposed necessity of a regional regime to solve national problems. The Swiss, for instance, have had peace for centuries, yet they have consistently and overwhelmingly refused to surrender their sovereignty to the EU or any other outfit. Switzerland also has virtually no terrorism, poverty, unemployment, sectarianism, refugee crises, or water shortages, yet it never sought “regional answers.” In fact, contrary to Husain’s factually challenged argument, the Swiss have done better than virtually any other people in solving their problems on their own. Perhaps Husain views Middle Easterners as less capable, but more likely, he knows full well that a country could solve its problems on its own.

“Most in the Middle East no longer feel the dignity of their ancestors,” continued the CFR’s Husain without citing any data or surveys. “What Plato called thymos is desperately missing: the political desire for recognition and respect as dignified peoples. A Middle Eastern Union could recreate it.” How being ruled by an unaccountable and autocratic EU-style leviathan would give the peoples of the Middle East “dignity” or “thymos” was not immediately clear. Plato, of course, like bigwigs at the CFR and their fellow travelers, believed the masses should be lorded over by their superiors — Plato called them “philosopher kings.”

Rather than allowing Middle Easterners to create their own union, Husain makes clear that Western globalists should take the lead. “Will the west wait until Islamists and radicals are powerful enough to create their own Middle East, one opposed to us?” he asked, conveniently failing to mention the gigantic role of the Western and globalist establishment in fomenting Islamic extremism and terror. “Or will we help our partners in government harness this momentum? This is the moment to create multilateral institutions that could implant pluralism across the region.” Husain also called for the EU and the U.S. government to lend “bureaucratic experience” to “voices in the region who want greater integration.”

“A complete change of psychology is needed,” he added without elaborating on how such a transformation in people’s views and beliefs would be achieved.

Of course, Husain at the CFR is not alone. In 2011, the Islamist president of Turkey, Abdullah Gül, also called for an EU-style regime to rule the Middle East. Speaking in the United Kingdom, Gül claimed “an efficient regional economic cooperation and integration mechanism” was needed for the region. “We all saw the role played by the European Union in facilitating the democratic transition in central and Eastern Europe after the fall of the Berlin Wall,” he claimed. Islamic Turkey is also working to join the EU.

Various Middle Eastern tyrants have echoed the calls for a regional regime, too — the kings of Saudi Arabia and Jordan, for example. As Husain pointed out, the radical Muslim Brotherhood and the terrorist group Hamas are also working to unify the Middle East under one single tyrannical government of gargantuan proportions.

Already, AstroTurf groups working toward such a union are popping up across the region, too. “We dream of a Middle East that is empowered, free, and governs for all it’s [sic] peoples at the highest level of being in a new world where the Middle East Union is an important integral part of a greater global community that pledges its allegiance to the earth and every human on it,” declares the newly created “Middle East Union Congress” on its website.

By 2050, the new Congress aims to shackle some 800 million people from Pakistan in Asia to Morocco in Northwest Africa under a single regime with a single euro-style currency. The outfit also wants to create a new capital city for the union named aftercommunist revolutionary Nelson Mandela, whom it described as “the 20th century’s greatest global citizen.” From “Nelson Mandela City,” the new regime would “eco-govern” all of the nations and peoples of the union as “a model for the new global paradigm that honors and respects mother earth.”

One of the primary selling points for the “union” plot is the notion it would help rein in radicals — most of whose organizations were either created, armed, trained, financed, or all of the above by Western governments and the Soviet Union. Ironically, though, just a few years ago, Husain was touting al-Qaeda’s key role in furthering the globalist plan to oust Syrian dictator Bashar al Assad. “The influx of jihadis brings discipline, religious fervor, battle experience from Iraq, funding from Sunni sympathizers in the Gulf, and most importantly, deadly results,” gushed Husain, a Sunni Muslim, in a 2012 piece for the CFR. “In short, the [Obama/CFR/Bilderberg/Goldman Sachs-backed Free Syrian Army] needs al-Qaeda now.”

Before joining the CFR, meanwhile, Husain spent years working with Hizb ut-Tahrir, a radical Islamist group pushing for an Islamic Caliphate — a vast, totalitarian “Middle Eastern Union” of sorts — based on sharia law. The outfit also promotes the death penalty for apostates and has been accused by various governments of involvement in jihad terrorism. Husain, though, is hardly the only figure at the globalist outfit with a history of extremism. CFR Latin America boss and Castro apologist Julia Sweig has even been identified by a senior U.S. intelligence officer as a probable “agent of influence” for the terror-sponsoring communist regime enslaving Cuba.

All over the world, globalists are quietly but quickly foisting supranational regimes on hapless populations. In Africa, for instance, the African Union is now sending its troops all across the continent. In Latin America, the socialist-dominated Union of South American Nations (UNASUR) is working to “integrate” the region, alongside various other transnational outfits. Even in North America, top CFR and Bilderberg globalists are doing the same. “After America comes North America,” boasted ex-general and CFR/Bilderberg bigwig David Petraeus this year.

Of course, the Council on Foreign Relations, despite its operatives’ anti-sovereignty extremism, remains immensely influential in terms of U.S. foreign policy. “We get a lot of advice from the Council, so this will mean I won’t have as far to go to be told what we should be doing and how we should think about the future,” then-Secretary of State Hillary Clinton told CFR bosses in Washington. The CFR’s affiliates around the world hold similar influence. Bilderberg, meanwhile, brings together many of the world’s top globalists, communists, government officials, media barons, and more.

For the sake of liberty, peace, self-government, national sovereignty, and prosperity, humanity should resist the globalist regionalization agenda from Europe to the Middle East and beyond. The alternative is literally global tyranny.

Alex Newman, a foreign correspondent for The New American, is currently based in Europe. He can be reached atanewman@thenewamerican.com. Follow him on Twitter @ALEXNEWMAN_JOU.

Source: Alex Newman | The New American

Western Plutocracy Goes Bear Hunting

August 3, 2014 by · Leave a Comment 

The post-Cold War status quo in Eastern Europe, not to mention in Western Europe, is now dead. 

For Western plutocracy, that 0.00001% at the top, the real Masters of the Universe, Russia is the ultimate prize; an immense treasure of natural resources, forests, pristine water, minerals, oil and gas. Enough to drive any NSA-to-CIA Orwellian/Panopticon war game to ecstasy. How to pounce and profit from such a formidable loot? 

Enter Globocop NATO. Barely out of having its collective behind unceremoniously kicked by a bunch of mountain warriors with Kalashnikovs, the North Atlantic Treaty Organization is now fast

“pivoting” – that same old Mackinder to Brzezinski game – to Russia. The road map will be put in place at the group’s summit in early September in Wales. 

Meanwhile, the MH17 tragedy is undergoing a fast metamorphosis. When the on-site observations by this Canadian OSCE monitor (watch the video carefully) are compounded with this analysis by a German pilot, a strong probability points to a Ukrainian Su-25’s 30 mm auto-cannon firing at the cockpit of MH17, leading to massive decompression and the crash. 

No missile – not even an air-to-air R-60M, not to mention a BUK (the star of the initial, frenetic American spin). The new possible narrative fits with on-site testimony by eyewitness in this now famously “disappeared” BBC report. Bottom line: MH17 configured as a false flag, planned by the US and botched by Kiev. One can barely imagine the tectonic geopolitical repercussions were the false flag to be fully exposed. 

Malaysia has handed out the flight recorders to the UK; this means NATO, and this spells out manipulation by the CIA. Air Algerie AH5017 went down after MH17. The analysis has already been released. That begs the question of why it is taking so long for MH17’s black boxes to be analyzed/tampered with. 

Then there’s the sanctions game: Russia remains guilty – with no evidence – thus it must be punished. The EU abjectly followed His Master’s Voice and adopted all the hardcore sanctions against Russia they were discussing last week. 

Yet there are loopholes. Moscow will have reduced access to US dollar and euro markets. Russian state-owned banks are forbidden from selling shares or bonds in the West. Yet Sberbank, Russia’s largest, has not been sanctioned. 

So Russia in the short and medium term will have to finance itself. Well, Chinese banks could easily replace that kind of lending. Don’t forget the Russia-China strategic partnership. As if Moscow needed another warning that the only way to go is to increasingly bypass the US dollar system. 

EU nations will suffer. Big time. BP has a 20% stake in Rosneft, and it’s already freaking out on the record. ExxonMobil, Norway’s Statoil and Shell will also be affected. Sanctions don’t touch the gas industry; now that would have propelled the EU’s counterproductive stupidity to galactic levels. Poland – hysterically blaming Moscow for everything under the sun – gets more than 80% of its gas from Russia. The no less strident Baltic states, as well as Finland, get 100%. 

The ban on dual-use goods – civilian and military applications – will badly affect Germany, the top EU exporter to Russia. On defense, the UK and France will suffer; the UK has no less than 200 licenses selling weapons and missile launching gear to Russia. Yet the French 1.2 billion euro (US$1.6 billion) sale of Mistral assault ships to Russia will go ahead. 

Meanwhile, in the demonization front … 

This is what Associated Press spins as “analysis” and distributes to papers around the world; a collection of cliches desperately in search of a thesis. Dmitri Trenin of the Carnegie Moscow Center, faithful to who pays his bills, gets a few things right and most things wrong. David Stockman at least has a ball deconstructing the lies of the Warfare State. 

But the real thing is definitely Putin’s economic adviser Sergei Glazyev. One of his key theses is that European business must be really careful to protect their interests as the US attempts to “ignite a war in Europe and a Cold War against Russia”. 

This, though, is the ultimate bombshell – delivered by a cool, calm and collected Glazyev. Watch it carefully. A detailed reappraisal of what Glazyev has been saying for weeks now, mixed with some outstanding comments here leads to a inevitable conclusion: key sectors of Western plutocracy want a still ill-defined war with Russia. And journalism’s Holy Grail – never trust anything until it’s officially denied – confirms it. 

NATO’s Plan A is to install missile batteries in Ukraine; that is already being discussed in detail in the run-up to NATO’s summit in Wales in early September. Needless to say, if that happens, for Moscow, that’s way beyond a red line; it implies a first strike capability at Russia’s western borderlands. 

Washington’s short Plan A, meanwhile, is to organize a wedge between the federalists in Eastern Ukraine and Russia. This implies progressive, direct funding of Kiev in parallel to building up, via American advisers already on the ground, and vast weaponizing, a huge proxy army (nearly 500,000 by the end of the year, according to Glazyev’s projection). Endgame on the ground would be to seal the federalists off into a very small area. Ukrainian President Petro Poroshensko has been on the record saying this should happen by early September. If not, by the end of 2014. 

In the US, and a great deal of the EU, a monstrous grotesquerie has developed, packaging Putin as the new Stalinist Osama bin Laden. So far, his strategy on Ukraine was to be patient – what I called Vlad Lao Tzu – watching the Kiev gang hang themselveswhile trying to sit down with the EU in a civilized manner working for a political solution. 

Now we may be facing a game changer, because the mounting evidence, which Glazyev and Russian intel relayed to Putin, points to Ukraine as a battlefield; a concerted drive for regime change in Moscow; a concerted drive aiming for a destabilized Russia; and even the possibility of a definitive provocation. 

Moscow, allied with the BRICS, is actively working to bypass the US dollar – which is the anchor of a parallel US war economy based on printing worthless pieces of green paper. Progress is slow, but tangible; not only the BRICS but BRICS aspirants, the G-77, the Non-Aligned Movement (NAM), the whole Global South is absolutely fed up with the Empire of Chaos’s non-stop bullying and want another paradigm in international relations. The US counts on NATO – which it manipulates at will – and mad dog Israel; and perhaps the GCC, the Sunni petro-monarchies partners in the Gaza carnage, which can be bought/silenced with a slap on the wrist. 

The temptation for Putin to invade Eastern Ukraine in 24 hours and reduce the Kiev militias to dust must have been super-human. Especially with the mounting cornucopia of dementia; ballistic missiles in Poland and soon Ukraine; indiscriminate bombing of civilians in Donbass; the MH17 tragedy; the hysterical Western demonization. 

A bear with limited patience


But Putin is wired for playing the long game. The window of opportunity for a lightning strike is gone; that kung fu move would have stopped NATO in its tracks with a fait accompli, and the ethnic cleansing of 8 million Russians and Russophones in Donbass would never have developed. 

Still, Putin won’t “invade” Ukraine because Russian public opinion doesn’t want him to. Moscow will keep supporting what is a de facto resistance movement in the Donbass. Remember: in give or take two months, General Winter starts to set in those broke, IMF-plundered Ukrainian pastures. 

The leaked German-Russian peace plan will be implemented over Washington’s collective dead body. This New Great Game, to a great extent, is also about preventing Russia-EU economic integration via Germany, part of a full Eurasian integration including China and its myriad Silk Roads. 

If Russia’s trade with the EU – about US$410 billion in 2013 – is due to take a hit because of sanctions, then that also spells out a Go East movement. Which implies a Russian fine-tuning of theEurasian Economic Union project. No more a Greater Europe from Lisbon to Vladivostok – Putin’s original idea. Enter the Eurasian Union as a brother in arms of China’s myriad Silk Roads. Still, this spells out a strong Russia-China partnership at the heart of Eurasia – and still this is absolute anathema to the Masters of the Universe. 

Make no mistake, the Russia-China strategic partnership will keep evolving very fast – with Beijing in symbiosis with Moscow’s immense natural and military-technological resources. Not to mention the strategic benefits. A case could be made this has not happened since Genghis Khan. But it’s not like Xi Jinping is pulling a Khan to subdue Siberia and beyond. 

Cold War 2.0 is now inevitable because the Empire of Chaos will never accept Russia’s sphere of influence in parts of Eurasia (as it doesn’t accept China’s). It will never accept Russia as an equal partner (exceptionalists don’t do equality). And it will never forgive Russia – alongside China – for openly defying the creaking, exceptionalist, American-imposed order. 

If the US deep state, guided by those nullities who pass for leadership, in desperation, goes one step beyond – it could be a genocide in Donbass; a NATO attack on Crimea; or worst case scenario, an attack against Russia itself – watch out. The Bear will strike. 

Pepe Escobar is the author of Globalistan: How the Globalized World is Dissolving into Liquid War (Nimble Books, 2007), Red Zone Blues: a snapshot of Baghdad during the surge (Nimble Books, 2007), and Obama does Globalistan (Nimble Books, 2009).

He may be reached at pepeasia@yahoo.com.

Source: Asia Times Online

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