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Paul Merrell

IGs form front line of war on waste and fraud, but weak links remain | WashingtonExamin... - 0 views

www.washingtonexaminer.com/...2556319

Auction 2016 Hillary State-Dept. cover-up

shared by Paul Merrell on 03 Dec 14 - No Cached
  • The ambassador to Belgium, a big campaign bundler for President Obama, was accused of soliciting sex in a park near the U.S. Embassy in Brussels. Members of then-Secretary of State Hillary Clinton’s security detail were accused of hiring prostitutes, and a State Department security official in Beirut “engaged in sexual assaults” on foreign nationals, according to the complaints. The Diplomatic Security Service, a law enforcement branch of the State Department, tried to investigate the underlying charges but was blocked by top agency managers including Kennedy and Cheryl Mills, chief of staff to Hillary Clinton, according to whistleblower allegations that surfaced later.
  • DSS agents reported the interference to the inspector general’s office, which confirmed the pressure from the top. A draft IG report written in November 2012 described the underlying cases of misconduct and the strong-arm tactics used by top managers to block the DSS investigations. But that draft report was not made public. Instead, it was shown to top State Department officials who wanted it scrubbed of damaging information. “This is going to kill us,” one top agency official reportedly said upon seeing the draft report, according to CBS News. When the final IG report was issued in February 2013, it made no mention of the individual cases or of management pressure to kill the DSS probes. Instead, the IG report blandly stated that DSS “lacks a firewall” to prevent management interference with DSS investigations.
  • The more candid draft report was leaked by an investigator inside the IG’s office to the House Oversight and Government Reform Committee and to CBS News. Rep. Ed Royce, the California Republican who is chairman of the House Foreign Affairs Committee, demanded copies of the draft report and details about the specific cases of misconduct. The IG’s office refused to provide the information. “There is every indication that critical information was missing from the IG report submitted to Congress,” Royce told the Washington Examiner in a recent interview. “And whether it was State’s pressure to remove it or Geisel’s unwillingness to include it, the result is the same. We are not, as required by law, kept fully and currently informed. The bottom line is when federal agencies lack a Senate-confirmed, independent inspector general, the potential for malfeasance really abounds,” he said.
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  • Under pressure from Congress, and in the wake of revelations that agency management influenced the IG’s final report, Obama appointed Linick as the State Department’s permanent IG in June 2013, less than a month after CBS broke the news about the IG cover-up. Congress confirmed him three months later. Linick launched a new investigation, and in October 2014 the IG confirmed that at least three DSS investigations were blocked by top State Department officials, including the probe involving the ambassador. While the new IG’s report was critical of management’s efforts to block the DSS investigations, it was silent on whether its own office bowed to the pressure.
Paul Merrell

The $9 Billion Witness: Meet JPMorgan Chase's Worst Nightmare | Rolling Stone - 0 views

www.rollingstone.com/...the-9-billion-witness-20141106

banksters fraud JPMorgan whistleblowers

shared by Paul Merrell on 10 Nov 14 - No Cached
  • Meet the woman JPMorgan Chase paid one of the largest fines in American history to keep from talking By Matt Taibbi | November 6, 2014
  • tried to stay quiet, she really did. But after eight years of keeping a heavy secret, the day came when Alayne Fleischmann couldn't take it anymore.  "It was like watching an old lady get mugged on the street," she says. "I thought, 'I can't sit by any longer.'"  Fleischmann is a tall, thin, quick-witted securities lawyer in her late thirties, with long blond hair, pale-blue eyes and an infectious sense of humor that has survived some very tough times. She's had to struggle to find work despite some striking skills and qualifications, a common symptom of a not-so-common condition called being a whistle-blower.
  • Fleischmann is the central witness in one of the biggest cases of white-collar crime in American history, possessing secrets that JPMorgan Chase CEO Jamie Dimon late last year paid $9 billion (not $13 billion as regularly reported – more on that later) to keep the public from hearing. Back in 2006, as a deal manager at the gigantic bank, Fleischmann first witnessed, then tried to stop, what she describes as "massive criminal securities fraud" in the bank's mortgage operations. Thanks to a confidentiality agreement, she's kept her mouth shut since then. "My closest family and friends don't know what I've been living with," she says. "Even my brother will only find out for the first time when he sees this interview." 
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  • Six years after the crisis that cratered the global economy, it's not exactly news that the country's biggest banks stole on a grand scale. That's why the more important part of Fleischmann's story is in the pains Chase and the Justice Department took to silence her. She was blocked at every turn: by asleep-on-the-job regulators like the Securities and Exchange Commission, by a court system that allowed Chase to use its billions to bury her evidence, and, finally, by officials like outgoing Attorney General Eric Holder, the chief architect of the crazily elaborate government policy of surrender, secrecy and cover-up. "Every time I had a chance to talk, something always got in the way," Fleischmann says.
  • This past year she watched as Holder's Justice Department struck a series of historic settlement deals with Chase, Citigroup and Bank of America. The root bargain in these deals was cash for secrecy. The banks paid big fines, without trials or even judges – only secret negotiations that typically ended with the public shown nothing but vague, quasi-official papers called "statements of facts," which were conveniently devoid of anything like actual facts. 
  • And now, with Holder about to leave office and his Justice Department reportedly wrapping up its final settlements, the state is effectively putting the finishing touches on what will amount to a sweeping, industrywide effort to bury the facts of a whole generation of Wall Street corruption. "I could be sued into bankruptcy," she says. "I could lose my license to practice law. I could lose everything. But if we don't start speaking up, then this really is all we're going to get: the biggest financial cover-up in history." 
  • Paul Merrell on 10 Nov 14
     
    Matt Taibbi is back at Rolling Stone, relaunching with a major blockbuster.
Joseph Skues

How Trade Deals Boost the Top 1% and Bust the Rest | Robert Reich - 0 views

www.huffingtonpost.com/...e-top-1-percent_b_6694484.html

trade deals bust robert

shared by Joseph Skues on 17 Feb 15 - No Cached
  • Suppose that by enacting a particular law we'd increase the U.S. Gross Domestic Product. But almost all that growth would go to the richest 1 percent. The rest of us could buy some products cheaper than before. But those gains would be offset by losses of jobs and wages.This is pretty much what "free trade" has brought us over the last two decades.I used to believe in trade agreements. That was before the wages of most Americans stagnated and a relative few at the top captured just about all the economic gains.
  • The biggest things big American corporations sell overseas are ideas, designs, franchises, brands, engineering solutions, instructions, and software.Google, Apple, Uber, Facebook, Walmart, McDonalds, Microsoft, and Pfizer, for example, are making huge profits all over the world.But those profits don't depend on American labor -- apart from a tiny group of managers, designers, and researchers in the U.S.
  • According to Economic Policy Institute, the North American Free Trade Act cost U.S. workers almost 700,000 jobs, thereby pushing down American wages.
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  • Korea-U.S. Free Trade Agreement, America's trade deficit with Korea has grown more than 80 percent, equivalent to a loss of more than 70,000 additional U.S. jobs.
  • The new-style global corporate agreements mainly enhance corporate and financial profits, and push down wages.
  • Trans Pacific Partnership -- the giant deal among countries responsible for 40 percent of the global economy.
  • also guard their overseas profits.
  • even more patent protection oversea
  • And it would allow them to challenge any nation's health, safety and environmental laws that stand in the way of their profits -- including our own.
  • White House strategists seem to think such corporations are accountable to the U.S. government. Wrong. At most, they're answerable to their shareholders, who demand high share prices whatever that requires.
Paul Merrell

Ebola? How Do You Know, WHO and CDC? | nsnbc international - 0 views

nsnbc.me/...ebola-know-cdc

ebola PCR-test

shared by Paul Merrell on 20 Oct 14 - No Cached
  • There is something perversely strange about the entire hoopla around the so-called Ebola outbreaks. An African man is admitted to a Dallas hospital with symptoms, treated, released and re-admitted, the “first” case of Ebola in the USA. What the guardians of truth in the mainstream media never ask is how reliable is the test that determines if someone has Ebola.
  • One courageous scientist who did question the Gallo HIV-AIDS hypothesis was Kary Mullis, who in 1996 wrote, “The HIV/AIDS hypothesis is one hell of a mistake.” Mullis won the Nobel Prize in chemistry in 1993. His devastating comments were ignored by the ever-vigilant mainstream media and medical profession. In 1983 Gallo arbitrarily transformed correlation into causality and said he had discovered the “virus” causing acquired immunodeficiency or AID, which was then named a “syndrome,” or AIDS. Gallo had just before that announcement won a patent for the only known test to determine of someone had AIDS. An habitual user of certain drugs like amyl nitrite or poppers, or even a pregnant woman would show HIV-positive with the Gallo test. Fears of a new global plague were stoked in the media by irresponsible scientists. Gallo sold his AIDS test to five pharmaceutical companies and sat back to reap the royalties. The Ebola Test
  • Can the PCR blood test tell how much Ebola virus is in a person’s body? The same Kary Mullis cited above regarding the HIV/AIDS hypothesis invented the PCR test in 1983, the basis on which his Nobel Prize was awarded. He told journalist John Lauritsen years back of his test and warned against its misuse. Lauritsen reported: With regard to the viral-load tests, which attempt to use PCR for counting viruses, Mullis has stated: “Quantitative PCR is an oxymoron.” PCR is intended to identify substances qualitatively, but by its very nature is unsuited for estimating numbers. Although there is a common misimpression that the viral-load tests actually count the number of viruses in the blood, these tests cannot detect free, infectious viruses at all; they can only detect proteins that are believed, in some cases wrongly, to be unique to HIV. The tests can detect genetic sequences of viruses, but not viruses themselves.
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  • Now we are again reading similar terrorizing stories in the mass media, this time about Ebola–fears stoked by the pharma-industry-controlled WHO in Geneva under Director General Margaret Chan’s Scientific Advisory Group of Experts and their ties to Big Pharma giants, and the US Government Centers for Disease Control in Atlanta. What exactly is the Ebola test that is being used by doctors or health workers in Sierre Leone or Liberia to “prove” Ebola in a sick person? When the African man was re-hospitalized in Dallas, the head of the CDC, Tom Frieden, declared the patient was diagnosed with Ebola based on a test that is “highly accurate. It’s a PCR test of blood.” But that PCR test of blood is not highly accurate. Rather it is highly flawed. As Jon Rappoport points out, “Among the problems of the PCR test is that it is open to errors. Is the sample taken from the patient actually a virus or a piece of a virus? Or is just an irrelevant piece of debris? Another problem is inherent in the method of the PCR itself. The test is based on the amplification of a tiny, tiny speck of genetic material taken from a patient—blowing it up millions of times until it can be observed and analyzed. Researchers who employ the test claim that, as a result of the procedure, they can also infer the quantity of virus that is present in the patient. This is crucial, because unless a patient has millions and millions of Ebola virus in his body, there is absolutely no reason to think he is sick or will become sick.”
  • Nor can the Mullis PCR test count the number of Ebola viruses in a person’s blood. Yet the CDC claims, wrongly according to Mullis, that it can. Can it be that the entire Ebola fear campaign launched by Chan’s WHO and the CDC is based on fiction and a pharmaceutical industry ready to jab millions with their untested “Ebola vaccines”?
Paul Merrell

Baker Creating J Street Challenge for Jeb - Commentary Magazine Commentary Magazine - 0 views

www.commentarymagazine.com/...enge-for-jeb-bush-israel-obama

war & peace Auction 2016 Jeb-Bush neocons Baker

shared by Paul Merrell on 21 Mar 15 - No Cached
  • The announcement that former Secretary of State James Baker was one of the advisors to Jeb Bush’s presidential campaign created a minor stir a few weeks ago. As our Michael Rubin noted at the time, Baker’s long record of hostility to Israel and consistent backing for engagement with rogue regimes ought to make him radioactive for a candidate seeking to brand himself as a supporter of the Jewish state and a critic of the Obama administration’s foreign policy. But Baker’s status as a faithful family retainer for the Bush family might have given Jeb a pass, especially since, as Michael wrote, another far wiser former secretary of state — George P. Schultz — is considered to be Jeb’s top foreign policy advisor. But the news that Baker will serve as a keynote speaker at the upcoming annual conference of the left-wing J Street lobby ought to change the conversation about this topic. Coming as it does hard on the heels of the president’s open threats to isolate Israel, having someone so closely associated with his campaign serve in that role at an event dedicated to support for Obama’s hostile attitude toward Israel obligates Jeb to not let this happen without saying or doing something to disassociate himself from Baker.
  • Paul Merrell on 21 Mar 15
     
    The neocons are howling about former Reagan Secretary of State James Baker being one of Jeb Bush's advisors. Baker has never been forgiven by the neocons since he barred the Israeli Deputy Foreign Minister -- Benjamin Netanyahu -- from being allowed into the State Dept. building because of his outrageous public statements. Now Baker is doubly hated because he is scheduled to be a keynote.  speaker at a conference of the liberal pro-Israel J Street lobbying group. J Street is "left-leaning" in neocon eyes because it actully supports a 2-state solution in Palestine, rather than using the 2-state solution as a political fig leaf while Israel completes its colonization of Palestine and then annexes it. But while screaming that only AIPAC represents Israel's real interests and acknowledging that Baker is closely tied to the Bush family, they're not addressing the political reality that Baker is the global oil industry's top lobbyist nor the fact that it was Baker who put the kibosh on the neocons' goal of privatizing all the oil in Iraq and flooding the market with cheap oil to break the OPEC Cartel. The western oil companies are profoundly against privately owned oil in the Mideast and even less enthused about breaking the OPEC Cartel, which normally keep crude oil prices high, enabling higher oil company profits. Apparently the oil industry also wants the 2-state solution to actually happen in order to obtain a more stable Middle East. And that is anathema to Netanyahu, AIPAC, and the neocons..   
Paul Merrell

Microsoft to host data in Germany to evade US spying | Naked Security - 0 views

nakedsecurity.sophos.com/...-in-germany-to-evade-us-spying

surveillance state NSA FBI EU data-centers privacy

shared by Paul Merrell on 14 Nov 15 - No Cached
  • Microsoft's new plan to keep the US government's hands off its customers' data: Germany will be a safe harbor in the digital privacy storm. Microsoft on Wednesday announced that beginning in the second half of 2016, it will give foreign customers the option of keeping data in new European facilities that, at least in theory, should shield customers from US government surveillance. It will cost more, according to the Financial Times, though pricing details weren't forthcoming. Microsoft Cloud - including Azure, Office 365 and Dynamics CRM Online - will be hosted from new datacenters in the German regions of Magdeburg and Frankfurt am Main. Access to data will be controlled by what the company called a German data trustee: T-Systems, a subsidiary of the independent German company Deutsche Telekom. Without the permission of Deutsche Telekom or customers, Microsoft won't be able to get its hands on the data. If it does get permission, the trustee will still control and oversee Microsoft's access.
  • Microsoft CEO Satya Nadella dropped the word "trust" into the company's statement: Microsoft’s mission is to empower every person and every individual on the planet to achieve more. Our new datacenter regions in Germany, operated in partnership with Deutsche Telekom, will not only spur local innovation and growth, but offer customers choice and trust in how their data is handled and where it is stored.
  • On Tuesday, at the Future Decoded conference in London, Nadella also announced that Microsoft would, for the first time, be opening two UK datacenters next year. The company's also expanding its existing operations in Ireland and the Netherlands. Officially, none of this has anything to do with the long-drawn-out squabbling over the transatlantic Safe Harbor agreement, which the EU's highest court struck down last month, calling the agreement "invalid" because it didn't protect data from US surveillance. No, Nadella said, the new datacenters and expansions are all about giving local businesses and organizations "transformative technology they need to seize new global growth." But as Diginomica reports, Microsoft EVP of Cloud and Enterprise Scott Guthrie followed up his boss’s comments by saying that yes, the driver behind the new datacenters is to let customers keep data close: We can guarantee customers that their data will always stay in the UK. Being able to very concretely tell that story is something that I think will accelerate cloud adoption further in the UK.
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  • Microsoft and T-Systems' lawyers may well think that storing customer data in a German trustee data center will protect it from the reach of US law, but for all we know, that could be wishful thinking. Forrester cloud computing analyst Paul Miller: To be sure, we must wait for the first legal challenge. And the appeal. And the counter-appeal. As with all new legal approaches, we don’t know it is watertight until it is challenged in court. Microsoft and T-Systems’ lawyers are very good and say it's watertight. But we can be sure opposition lawyers will look for all the holes. By keeping data offshore - particularly in Germany, which has strong data privacy laws - Microsoft could avoid the situation it's now facing with the US demanding access to customer emails stored on a Microsoft server in Dublin. The US has argued that Microsoft, as a US company, comes under US jurisdiction, regardless of where it keeps its data.
  • Running away to Germany isn't a groundbreaking move; other US cloud services providers have already pledged expansion of their EU presences, including Amazon's plan to open a UK datacenter in late 2016 that will offer what CTO Werner Vogels calls "strong data sovereignty to local users." Other big data operators that have followed suit: Salesforce, which has already opened datacenters in the UK and Germany and plans to open one in France next year, as well as new EU operations pledged for the new year by NetSuite and Box. Can Germany keep the US out of its datacenters? Can Ireland? Time, and court cases, will tell.
  • Paul Merrell on 14 Nov 15
     
    The European Community's Court of Justice decision in the Safe Harbor case --- and Edward Snowden --- are now officially downgrading the U.S. as a cloud data center location. NSA is good business for Europeans looking to displace American cloud service providers, as evidenced by Microsoft's decision. The legal test is whether Microsoft has "possession, custody, or control" of the data. From the info given in the article, it seems that Microsoft has done its best to dodge that bullet by moving data centers to Germany and placing their data under the control of a European company. Do ownership of the hardware and profits from their rent mean that Microsoft still has "possession, custody, or control" of the data? The fine print of the agreement with Deutsche Telekom and the customer EULAs will get a thorough going over by the Dept. of Justice for evidence of Microsoft "control" of the data. That will be the crucial legal issue. The data centers in Germany may pass the test. But the notion that data centers in the UK can offer privacy is laughable; the UK's legal authority for GCHQ makes it even easier to get the data than the NSA can in the U.S.  It doesn't even require a court order. 
Paul Merrell

How our deep partisan split affects President Obama and terror fears - The Washington Post - 0 views

www.washingtonpost.com/...esident-obama-and-terror-fears

politics-of-fear polls

shared by Paul Merrell on 31 Dec 15 - No Cached
  • On Monday, CNN released a poll indicating that 40 percent of Americans think the terrorists are winning the war on terror. It's a grim, weird finding that offers more questions about perceptions of terror than answers. Why are people in rural areas slightly more concerned about being killed in a terror attack than people in cities, as the poll finds? It doesn't make much sense, given where terrorists usually find their targets. The poll also had some good news for the White House: More than half of the country has a great deal or a moderate amount of confidence in the administration to protect the country from future terrorist acts. Among Democrats, 83 percent have confidence in the administration's ability to tackle terrorism, compared to only 17 percent of Republicans. That's pretty close to President Obama's Gallup approval ratings by party, with Republicans a bit more confident in Obama's ability to protect us than they approve of his job performance. The "who's winning the war on terror" question is similarly split on party lines, though less dramatically. Seventy-five percent of Democrats think that either the U.S. is winning or there's no clear winner, while more than half of Republicans think the terrorists are winning.
  • With big splits like that, it's little wonder, then, that even something like the imminent threat of a terror attack is viewed through a partisan lens. Among Democrats, 61 percent are not too worried about being killed in an attack, according to that CNN/ORC poll. Fifty-nine percent of Republicans are. And that almost certainly answers our rural/urban terror question. People in rural areas are probably worried about terror attacks because they're Republican, not because of where they live. Partisanship soaked in deep.
Paul Merrell

Donald Trump: Turkey 'Looks Like They're On The Side Of ISIS' - 0 views

southfront.org/ike-theyre-on-the-side-of-isis

war & peace Auction 2016 Trump Turkey ISIL

shared by Paul Merrell on 05 Dec 15 - No Cached
  • During an appearance on Sirius XM’s “Breitbart News Daily” on Tuesday morning, Trump stated that the Turkish government “looks like they’re on the side of ISIS more or less based on the oil”. This makes Trump the first presidential candidate to tell the truth about this to the American people. By now, just about everyone knows that ISIS is using Turkey as a home base, and I have previously written about how Turkey is “training ISIS militants, funneling weapons to them, buying their oil, and tending to their wounded in Turkish hospitals”. But a major U.S. politician, especially one running for the White House, could get into really hot water for saying these kinds of things about our NATO ally. You see, the truth is that the American people are not supposed to know that Turkey is actually on the same side as ISIS and has been facilitating the sale of hundreds of millions of dollars of oil that has been stolen by ISIS. Just a few days ago, it was a really big deal when Russian Foreign Minister Sergey Lavrov accused ISIS of being “secret allies” with ISIS. But for Donald Trump to say essentially the same thing is absolutely astounding. And this is why so many Americans are responding positively to his campaign. Trump just says whatever he thinks, and he doesn’t care about the consequences. The following comes from Politico…
  • Donald Trump aligned himself with Vladimir Putin on Tuesday, saying that Turkey appears to be on the side of Islamic State. “Turkey looks like they’re on the side of ISIS more or less based on the oil,” Trump said in an interview with Sirius XM’s “Breitbart News Daily” Tuesday morning, echoing comments from the Russian president on Monday. I doubt that this will get much more coverage in the U.S. media, because the mainstream media is not really supposed to be talking about what Turkey is doing. It would be extremely embarrassing for the Obama administration to admit that they have known that ISIS was shipping hundreds of millions of dollars worth of stolen oil into Turkey and didn’t do anything to stop it.
Paul Merrell

Putin Throws Down the Gauntlet - 0 views

www.counterpunch.org/...ce-to-pull-back-from-the-brink

war & peace Syria Assad Russia U.S.-foreign-policy

shared by Paul Merrell on 16 Dec 15 - No Cached
  • Would you be willing to defend your country against a foreign invasion? That’s all Putin is doing in Syria. He’s just preempting the tidal wave of jihadis that’ll be coming his way once the current fracas is over.  He figures it’s better to exterminate these US-backed maniacs in Syria now than face them in Chechnya, St Petersburg and Moscow sometime in the future.  Can you blame him? After all, if Washington’s strategy works in Syria, then you can bet they’ll try the same thing in Beirut, Tehran and Moscow. So what choice does Putin have? None. He has no choice.  His back is against the wall. He has to fight.  No one in Washington seems to get this. They think Putin can throw in the towel and call it “quits” at the first sign of getting bogged down. But he can’t throw in the towel because Russia’s facing an existential crisis.  If he loses, then Russia’s going to wind up on the same scrap heap as Afghanistan, Iraq or Libya. You can bet on it. So the only thing he can do is win. Period. Victory isn’t an option, it’s a necessity.
  • Of course they’ve noticed. Everyone’s noticed. Everyone knows Washington is on the warpath and its leaders have gone stark raving mad. How could they not notice? But all that’s done is focus the mind on the task at hand, and the task at hand is to whoop the tar out of the terrorists, put an end to Washington’s sick little jihadi game, and go home. That’s Russia’s plan in a nutshell.  No one is trying to cobble together the long-lost Soviet empire. That’s pure bunkum.  Russia just wants to clean up this nest of vipers and call it a day. There’s nothing more to it than that. But what if the going gets tough and Syria becomes a quagmire? That doesn’t change anything, because Russia still has to win. If that means sending ground troops to Syria, then that’s what Putin will do. If that means asymmetrical warfare, like arming the Kurds or the Yemenis, or the Taliban or even disparate anti-regime Shiites in Saudi Arabia, then he’ll do that too. Whatever it takes. This isn’t a game, it’s a fight for survival; Russia’s survival as a sovereign country. That’s what the stakes are. That’s not something Putin takes lightly.
  • The reason I ask this now is because, on Tuesday, Secretary of State John Kerry is scheduled to attend an emergency meeting in Moscow with his Russian counterpart Sergei Lavrov to discuss issues that are too sensitive to reveal to the public. There’s a lot of speculation about what the two men will talk about, but the urgency and the secrecy of the meeting suggests that the topic will be one of great importance. So allow me to make a guess about what the topic will be. When Kerry arrives in Moscow tomorrow he’ll be rushed to meeting room at the Kremlin where he’ll be joined by Lavrov, Putin, Minister of Defense Sergey Shoygu and high-ranking members from military intelligence. Then, following the initial introductions, Kerry will be shown the evidence Russian intelligence has gathered on last Sunday’s attack on a Syrian military base east of Raqqa that killed three Syrian soldiers and wounded thirteen others. The Syrian government immediately condemned the attack and accused US warplanes of conducting the operation. Later in the day,  Putin delivered an uncharacteristically-harsh and threatening statement that left no doubt that he thought the attack was a grave violation of the accepted rules of engagement and, perhaps, a declaration of war.
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  • Why would an incident in the village of Ayyash in far-flung Deir Ezzor Province be so important that it would bring the two nuclear-armed adversaries to the brink of war? I’ll tell you why: It’s because there were other incidents prior to the bombing in Ayyash that laid the groundwork for the current clash. There was the ISIS downing of the Russian airliner that killed 224 Russian civilians. Two weeks after that tragedy, Putin announced at the G-20 meetings that he had gathered intelligence proving that 40 countries –including some in the G-20 itself–were involved in the funding and supporting of ISIS. This story was completely blacked out in the western media and, so far, Russia has not revealed the names of any of the countries involved. So, I ask you, dear reader, do you think the United States is on that list of ISIS supporters?
  • Then there was the downing of the Russian Su-24, a Russian bomber that was shot down by Turkish F-16s while it was carrying out its mission to exterminate terrorists in Syria. Many analysts do not believe that the   Su-24 could have been destroyed without surveillance and logistical support provided by US AWACs or US satellites. Many others scoff at the idea that Turkey would engage in such a risky plan without the go-ahead from Washington. Either way, the belief that Washington was directly involved in the downing of a Russian warplane is widespread. So, I ask you, dear reader, do you think Washington gave Turkey the greenlight? Finally, we have the aerial attack on the Syrian military base in Deir Ezzor, an attack that was either executed by US warplanes or US-coalition warplanes. Not only does the attack constitute a direct assault on the Russian-led coalition (an act of war) but the bombing raid was also carried out in tandem  with a “a full-scale ISIS offensive on the villages of Ayyash and Bgelia.”  The coordination suggests that either the US or US allies were providing  air-cover for ISIS terrorists to carry out their ground operations.  Author Alexander Mercouris– who is certainly no conspiracy nut–expands on this idea in a recent piece at Russia Insider which provides more detail on the incident. The article begins like this:
  • “Did Members of the US-Led Coalition Carry Out an Air Strike to Help ISIS? Russia Implies They Did. Russian statement appears to implicate aircraft from two member states of the US led coalition in the air strike on the Syrian military base in Deir az-Zor….This information – if it is true – begs a host of questions. Firstly, the Syrian military base that was hit by the air strike was apparently the scene of a bitter battle between the Syrian military and the Islamic State.  It seems that shortly after the air strike – and most probably as a result of it – the Islamic State’s fighters were able to storm it. Inevitably, that begs the question of whether the aircraft that carried out the air strike were providing air support to the fighters of the Islamic State. On the face of it, it looks like they were. After all, if what happened was simply a mistake, it might have been expected that the US and its allies would say as much.  If so, it is an extremely serious and worrying development, suggesting that some members of the US-led anti-Islamic State coalition are actually in league with the Islamic State.  (“Did Members of the US-Led Coalition Carry Out an Air Strike to Help ISIS?” Alexander Mercouris, Russia Insider)
  • So there it is in black and white. The Russians think someone in the US-led coalition is teaming up with ISIS. That should make for some interesting conversation when Kerry sashays into the Kremlin today. Does Kerry have any clue that Putin and his lieutenants are probably going to produce evidence that coalition warplanes were involved in the bombing of the Syrian military base?  How do you think he’ll respond to that news? Will he apologize or just stand there dumbstruck? And how will he react when Putin tells him that if a similar incident takes place in the future, Russian warplanes and anti-aircraft units are going to shoot the perpetrator down? If I am not mistaken, Kerry is in for a big surprise on Tuesday. He’s about to learn that Putin takes war very seriously and is not going to let Washington sabotage his plans for success. If Kerry’s smart, he’ll pass along that message to Obama and tell him he needs to dial it down a notch if he wants to avoid a war with Russia.
  • Paul Merrell on 16 Dec 15
     
    Article published just before Kerry's meeting with Lavrov, et al, after which Kerry announced that Assad stepping down is no longer a U.S. pre-condition of negotiating peace in Syria. It's important to keep in mind here that non-interference in the internal affairs of foreign nations is a fundamental tenet of international law, one that the U.S. regime change position on Syria openly flouted, as it did in Afghanistan, Iraq, and Libya. So what is behind Kerry's suddenly-acquired respect for the right of the people of Syria to choose their own leader? Mike Whitney offers us a smorgasbord of reasons in this article, all of which boil down to Russian blackmail, a threat to go public with incredibly damning information on what the U.S. and allies have been up to in Syria. This may be a turning point in the Syrian War, since the positions of the Gulf Coast Council (Saudi Arabia, Qatar, UAE, etc.) and the salafist jihadis they have supplied to take down Assad has been unequivocal insistence that Assad agree to step down as a precondition of negotiation.  I.e., the U.S. is forking away from the Gulf Coast Council/jihadi position. How will they react? 
Paul Merrell

PressTV-NATO should dump Turkey: US general - 0 views

www.presstv.ir/...-NATO-Turkey-Su24-Paul-Vallely

war & peace Turkey NATO-ouster Valley

shared by Paul Merrell on 28 Nov 15 - No Cached
  • Turkey’s downing of a Russian warplane over Syria has proven that the country is a liability to the North Atlantic Treaty Organization (NATO) and must be “ousted” from the Western military alliance, says a retired US Army General.The shooting down of a Russian aircraft near the Syrian border was in line with Ankara’s struggle to establish itself as a “dominant” power, retired US Army Major General Paul Vallely said Thursday.Vallely said Turkey must be removed from NATO because it poses a “big and important issue” in many ways for other members.“I think NATO, if they have any resolve, they would oust Turkey out of NATO because they are not cooperating against ISIL, they are not cooperating at all with some of the forces inside of Syria, and they want to see [Syrian President Bashar] Assad removed or replaced by another government,” the retired General told Russia's RT.
  • Vallely, who served in the Vietnam War and retired in 1993 as Deputy Commanding General, Pacific Command, said Turkey’s “unilateral action” in downing the Russian jet was also a signal to NATO, meaning that despite being a member, they would not refrain from pursuing their own interests when necessary.“They have been that way for a long time; they are a part of it [NATO], but yet they are not,” he said.The former US Army commander further described Turkey as an internal threat to NATO, who “will only cooperate when they have to and they will get as much out of NATO as they can” in terms of weapons and tactics.
  • Vallely said that despite the downing of the jet, Putin still "controls the chessboard" because of his strong military presence in Syria.
Paul Merrell

Wells Fargo admits deception in $1.2 billion U.S. mortgage accord - Yahoo Finance - 0 views

finance.yahoo.com/...its-deception-1-084436705.html

banksters litigation fraud Wells-Fargo too-big-to-jail

shared by Paul Merrell on 12 Apr 16 - No Cached
  • (Reuters) - Wells Fargo & Co (WFC.N) admitted to deceiving the U.S. government into insuring thousands of risky mortgages, as it formally reached a record $1.2 billion settlement of a U.S. Department of Justice lawsuit. The settlement with Wells Fargo, the largest U.S. mortgage lender and third-largest U.S. bank by assets, was filed on Friday in Manhattan federal court. It also resolves claims against Kurt Lofrano, a former Wells Fargo vice president. According to the settlement, Wells Fargo "admits, acknowledges, and accepts responsibility" for having from 2001 to 2008 falsely certified that many of its home loans qualified for Federal Housing Administration insurance. The San Francisco-based lender also admitted to having from 2002 to 2010 failed to file timely reports on several thousand loans that had material defects or were badly underwritten, a process that Lofrano was responsible for supervising.
  • No one has been criminally charged in the probes, and the Justice Department reserved the right to pursue criminal charges if it wishes, according to the settlement.
Paul Merrell

Wall Street: The Trump-China missing link - RT Op-Edge - 0 views

www.rt.com/...61057-wall-street-trump-china-

economy China globalism banksters Trump Auction 2016 musto-read

shared by Paul Merrell on 01 Oct 16 - No Cached
  • The yuan is about to enter the IMF’s basket of reserve currencies this coming Saturday - alongside the US dollar, pound, euro and yen. This is no less than a geoeconomic earthquake. Not only does this represent yet another step in China’s irresistible path towards economic primacy; the Chinese currency’s inclusion in the Special Drawing Rights (SDR) basket will also lead central banks and hyper-wealthy funds – especially from the US – to increasingly buy more Chinese assets.At the first US presidential debate, Donald Trump took no prisoners, criticizing China’s currency manipulation. This is what he said:“You look at what China’s doing to our country in terms of making our product, they’re devaluing their currency and there’s nobody in our government to fight them… They’re using our country as a piggy bank to rebuild China, and many other countries are doing the same thing.”
  • Well, China is not “making our product”; the manufacturing process is Made in China – then exported to the US. Most of the profits benefit US corporations – everything from design, licensing and royalties to advertising, financing and retail margins. If the mantras manage to spell out a partial truth - the US has lost manufacturing jobs to China, China is the “factory of the world” – they don't spell out the hidden truth that those who profit are essentially major corporations.China does not “devalue their currency”; the People’s Bank of China periodically adjusts the yuan according to a very narrow band. The major practitioners of quantitative easing (QE) are actually the US, as well as Japan and the European Central Bank (ECB). And the currency of global consumer goods manufacturing continues to be the US dollar, not the yuan.
  • Beijing also is not “using our country as a piggy bank to rebuild China.” This is all about balance of payments. What US consumers spend on Made in China products – many of them delocalized by US corporations – is pumped back to the US as capital inflows that keep interest rates down and help to support the Empire of Chaos’s global hegemony.
  • ...6 more annotations...
  • For all his incapacity to formulate thoughts above the language skills of a third grader, Trump has been piling up astonishing proposals that resonate wildly, way beyond the “basket of deplorables” spectrum.
  • The bottom line is that to recover US manufacturing jobs – as Trump has been forcefully promising – he will have to stare down the whole Wall Street finance oligarchy.So no wonder these oligarchs – responsible for shipping all those US manufacturing jobs to Asia and lavishly profiting from bailouts to the 'Too Big To Fail' racket – hate him with all their golden-plated guts.
  • Trump’s attention span is notoriously minimalist. If his advisers managed to imprint – tweet? - a few one-liners on his brain, he would be able to explain to US public opinion how the US-China game is really played, something that all relevant parties in both nations know by heart.And the – crucial - missing link in the whole game is Wall Street.This is how it works.
  • He is against Cold War 2.0 and the pivot to Asia, when he says “wouldn’t it be nice to get along with Russia and China for a change?”He no less than pre-empted WWIII when he said he would be against a US nuclear first-strike.He totally abhors global “free trade” – from NAFTA to TPP and TTIP - because it has “hollowed out the lives of American workers”, as US corporations (under Wall Street’s “incentive”) delocalize and then import back into the US tariff-free.
  • Trump was even open to nationalizing Wall Street banks after the 2008 financial crisis.
  • So we’re faced with the ultimate surrealist spectacle of a billionaire denouncing corporate globalization, which has been responsible for stripping the US lower middle classes of countless, decent blue-collar jobs and social benefits – not to mention turning them into hostages of rotting public infrastructure. And all that with absolutely no one among the US establishment condemning the most astonishing wealth transfer to the 0.0001% in history.If in the next two presidential debates Trump points to the crucial missing link in the whole plot – Wall Street - he might as well lock on as a surefire winner.
Paul Merrell

As Wall Street Sinks Global Markets, China's Economic Policies Build Independence & Imm... - 0 views

www.mintpressnews.com/...237608

war & peace China economy

shared by Paul Merrell on 15 Feb 18 - No Cached
  • The recent economic “correction” in the U.S. markets, which saw stocks drop back down from recent record-highs, has begun to spread to the east, reaching the stock exchanges in Tokyo, Taiwan and Shanghai. While all three of these markets depend, to some extent, on the performance of Wall Street, one is likely to emerge stronger as the U.S. market corrects itself. Many Western economic analysts — such as those at the pillar of U.S. financial journalism, Bloomberg — have continued to predict future financial downturns would be caused by Chinese debt, or the country’s massive “shadow” economy (or, more specifically, low level loans that aren’t tightly regulated by the central government). This latest downturn, however, shows once again that Wall Street is still the primary factor in sinking global markets. China has been faced with — and continued to grow throughout — a previous U.S.-triggered global recession just under a decade ago. While the current condition of the markets is nothing like the end of 2008, there is still the same fear in the West that China is somehow on the brink of catastrophe. Yet China pulled through the Great Recession, despite a huge decrease in demand for Chinese export goods. Beijing presided over GDP growth only falling below 8 percent in the last quarter of 2008 and first of 2009 and made a faster recovery than any Western nation.
  • China is obviously in a position much different now from that of 2008. Now — as a clear competitor with the U.S. in key economic sectors such as cutting-edge technology, and playing a unifying role for a large portion of the global population — Beijing is making even more major domestic economic reforms and preparing to project its new prosperity outward. In order to better understand how China is likely not just to survive any fluctuations in the U.S. market but also to thrive, it is best to understand both how China managed to recover from the last recession faster than any other country and the new economic policies of President Xi Jinping, which will harness the power of the world’s largest planned economy in its march into the future.
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