Skip to main content

Home/ Socialism and the End of the American Dream/ Group items tagged Korea

Rss Feed Group items tagged

Filter: All | Bookmarks | Topics Simple Middle
Paul Merrell

Democrats' sympathy for Israel has crashed nearly 25 percent in last nine months -- Pew - 0 views

mondoweiss.net/...democrats-sympathy-crashed

polls U.S. sympathies Israel Palestine

shared by Paul Merrell on 14 Jan 17 - No Cached
  • A new Pew Research Center poll from January 4-9 of American views on foreign policy shows that Democratic Party sympathies for Israel are crashing, down ten points in the last 9 months, from 43 percent to 33 percent. That’s a 23 percent crash. If this was the stock market, Israel would be considered a tanking stock. Liberal Democrats now sympathize with Palestinians over Israelis by two-to-one, while Democrats overall are now virtually tied in sympathies for Israel or Palestine, 33 to 31 respectively. While Republicans are overwhelmingly on Israel’s side. The gap of 41 points between parties in sympathies, for either Israel or the Palestinians, is at widest since 1978. Again, notice the numbers crashing for Israel among Dems: Nearly three-quarters of Republicans (74%) say they sympathize more with Israel than the Palestinians… Democrats are divided – 33% sympathize more with Israel, 31% more with the Palestinians, while 35% sympathize with neither, both or don’t express an opinion. While Republicans’ views of the Mideast conflict have changed little over the last few years, the share of Democrats sympathizing more with Israel has fallen 10 points since April 2016, when 43% said they sympathized more with Israel.
  • enjamin Netanyahu is driving the trend: Half of Republicans like him, but Democrats and Democratic leaners don’t care for him:  21% view [of Dems] Netanyahu favorably, while 45% have an unfavorable opinion and 34% do not express a view. Pew polled 1500 people, and it says Israel/Palestine is considered the eighth most threatening issue for the U.S. (after ISIS, cyberattacks, North Korea, Russian power and influence, climate change, Chinese power and influence, Iraqi and Syrian refugees). Democratic politicians who are bashing the U.N. Security Council vote on settlements? The public isn’t with them: The survey finds that the United Nations – which along with Israel has been a focal point of political debate since the election – is viewed positively by the public.  Currently, 62% view the United Nations favorably, while only half as many (31%) have an unfavorable opinion.
  • So the issue is dividing the Democratic Party, between liberals and moderates; and that means it is bound to be politicized, at last. During the Keith Ellison party chair campaign, and on into congressional races. Note to the base: House Democrats just voted overwhelmingly to condemn the president’s decision to abstain on the Security Council resolution that called all settlements, including of East Jerusalem, a flagrant violation of international law.
Gary Edwards

Saul Alinsky Leaves the White House | The American Spectator - 0 views

spectator.org/alinsky-leaves-the-white-house

Obama

shared by Gary Edwards on 19 Jan 17 - No Cached
  • Gary Edwards on 19 Jan 17
     
    "When Barack Obama leaves the White House tomorrow, he leaves with his worst dreams unrealized. Still, what he leaves behind is awful. Thank goodness he'll be gone. The very day after Obama was elected in 2008, I predicted in this space that his team would steal the Senate by hook and crook (see: Al Franken); nuke the filibuster at least for judicial nominees; liberalize voting laws (or enforcement thereof) to make fraud easier while charging opponents with "vote suppression"; drum up spurious allegations of civil rights violations; punish anti-abortion protesters; enact "copious new regulations, especially environmental, to be used selectively to ensnare other conservative malcontents"; invasively use the IRS to harass conservative organizations; and tacitly encourage civil unrest in furtherance of Obamite goals. All those predictions of course came true. Obama and company also waged bureaucratic war against independent inspectors general; tried their hardest (even illegally) to hobble fossil fuels industries; evaded Congress's intent by sending cash and uranium to a near-nuclear-ready Iran; fumbled and stumbled while veterans suffered virtually criminal neglect; wasted hundreds of billions of taxpayer dollars on projects that were not "shovel-ready" and did not create many jobs; oversaw an economy in which the workforce participation rate dropped to historically low levels while real median household income also fell and personal debt rose, and in which food stamp rolls grew to a number larger than the population of Spain; horrendously politicized the Justice Department; and saw race relations worsen for the first time in decades. In what should have been treated by the media as major scandals (or more major than the media represented them), the Obama administration encouraged illegal gun-running to Mexican cartels, with untold numbers of resultant deaths; failed to provide adequate security before or rescue during the Benghazi tragedy; provide
Paul Merrell

A whirlwind day in D.C. showcases Trump's unorthodox views and shifting tone - The Wash... - 0 views

www.washingtonpost.com/...5-85a6-2132cf446d0a_story.html

Auction 2016 Trump NATO Asia military-bases

shared by Paul Merrell on 24 Mar 16 - No Cached
  • Donald Trump endorsed an unabashedly noninterventionist approach to world affairs Monday during a day-long tour of Washington, casting doubt on the need for the North Atlantic Treaty Organization and expressing skepticism about a muscular U.S. military presence in Asia. The foreign policy positions — outlined in a meeting with the editorial board of The Washington Post — came on a day when Trump set aside the guerrilla tactics and showman bravado that have powered his campaign to appear as a would-be presidential nominee, explaining his policies, accepting counsel and building bridges to Republican elites.
  • During the hour-long discussion, during which he revealed five of his foreign policy advisers, Trump advocated a light footprint in the world. In spite of unrest in the Middle East and elsewhere, he said, the United States must look inward and steer its resources toward rebuilding the nation’s crumbling infrastructure.
  • “At what point do you say, ‘Hey, we have to take care of ourselves?’ ” Trump said in the editorial board meeting. “I know the outer world exists, and I’ll be very cognizant of that. But at the same time, our country is disintegrating, large sections of it, especially the inner cities.” Trump said U.S. involvement in NATO may need to be significantly diminished in the coming years, breaking with nearly seven decades of consensus in Washington. “We certainly can’t afford to do this anymore,” he said, adding later, “NATO is costing us a fortune, and yes, we’re protecting Europe with NATO, but we’re spending a lot of money.”
  • ...2 more annotations...
  • Trump praised George P. Shultz, who served as President Ronald Reagan’s secretary of state, as a model diplomat and, on the subject of Russia’s aggression in Ukraine, said America’s allies are “not doing anything.” “Ukraine is a country that affects us far less than it affects other countries in NATO, and yet we’re doing all of the lifting,” Trump said. “They’re not doing anything. And I say: ‘Why is it that Germany’s not dealing with NATO on Ukraine? . . . Why are we always the one that’s leading, potentially, the third world war with Russia?’ ” While the Obama administration has faced pressure from congressional critics who have advocated for a more active U.S. role in supporting Ukraine, the U.S. military has limited its assistance to nonlethal equipment such as vehicles and night-vision gear. European nations have taken the lead in crafting a fragile cease-fire designed to decrease hostility between Ukrainian forces and Russian-backed separatists.
  • Trump sounded a similar note in discussing the U.S. presence in the Pacific. He questioned the value of massive military investments in Asia and wondered aloud whether the United States still is capable of being an effective peacekeeping force there. “South Korea is very rich, great industrial country, and yet we’re not reimbursed fairly for what we do,” Trump said. “We’re constantly sending our ships, sending our planes, doing our war games — we’re reimbursed a fraction of what this is all costing.” Such talk is likely to trigger anxiety in South Korea, where a U.S. force of 28,000 has provided a strong deterrent to North Korean threats for decades. Asked whether the United States benefits from its involvement in Asia, Trump replied, “Personally, I don’t think so.” He added: “I think we were a very powerful, very wealthy country. And we’re a poor country now. We’re a debtor nation.”
  • Paul Merrell on 24 Mar 16
     
    "I think we were a very powerful, very wealthy country. And we're a poor country now. We're a debtor nation."
Paul Merrell

Iraq, Afghanistan Veterans Filing For Disability Benefits At Historic Rate - 0 views

www.huffingtonpost.com/...bility-benefits_n_1549436.html

war crimes Bush_Obama wars casualties disabilities

shared by Paul Merrell on 16 Sep 12 - No Cached
  • A staggering 45 percent of the 1.6 million veterans from the wars in Iraq and Afghanistan are now seeking compensation for injuries they say are service-related. That is more than double the estimate of 21 percent who filed such claims after the Gulf War in the early 1990s, top government officials told The Associated Press. What's more, these new veterans are claiming eight to nine ailments on average, and the most recent ones over the last year are claiming 11 to 14. By comparison, Vietnam veterans are currently receiving compensation for fewer than four, on average, and those from World War II and Korea, just two.
  • The new veterans have different types of injuries than previous veterans did. That's partly because improvised bombs have been the main weapon and because body armor and improved battlefield care allowed many of them to survive wounds that in past wars proved fatal. "They're being kept alive at unprecedented rates," said Dr. David Cifu, the VA's medical rehabilitation chief. More than 95 percent of troops wounded in Iraq and Afghanistan have survived.
  • "You just can't keep sending people into war five, six or seven times and expect that they're going to come home just fine," he said. For taxpayers, the ordeal is just beginning. With any war, the cost of caring for veterans rises for several decades and peaks 30 to 40 years later, when diseases of aging are more common, said Harvard economist Linda Bilmes. She estimates the health care and disability costs of the recent wars at $600 billion to $900 billion.
  • Paul Merrell on 17 Sep 12
     
    The earlier Gulf War lasted only 100 hours, but still resulted in 21% compensable disabilities among its veterans, not counting those who are still in active military service. But the Iraq and Afghanistan wars still continue after 10 years, albeit we're now fighting the Iraq War with mercenaries only. And thus far, 45 per cent of those who served in Iraq and Aghanistan have applied for VA disability compensation, with far more still in service and thus ineligible for VA disability comp until they are discharged from the military. That's how badly the U.S. government treated its military in these latter wars, with many of them serving as many as seven combat tours of duty. That compares with the Viet Nam war where a 3-year enlistee normally saw only a single combat tour. The incidence of injury increases along with time spent in combat. And some types of injuries, e.g., posttraumatic stress disorder ("PTSD"), result from cumulative time spent in combat. Virtually everyone has their breaking point and the more time spent in combat the more likely that PTSD will result. Likewise, the more time spent handling projectiles weighted with depleted Uranium or walking through areas where such rounds have exploded, the more likely that radiation sickness or cancer will result. And a huge range of injuries may only result in disabilities well after the aggravating factor of aging has worked its magic. As Prof. Bilmes said in 2008, "in World War II and Vietnam and Korea, the number of wounded troops per fatality was about two-to-one or three-to-one. And now, the number of wounded troops per fatality is seven-to-one in combat, and if you include all of those wounded in non-combat and diseased seriously enough to have to be medevaced home, it's fifteen-to-one. So it's a very significant difference. And this difference compared to previous wars is, of course, you know, a great tribute to the medical care that they receive on the field and the enormous advance
Gary Edwards

Banking Fraud/ Synchronicities - Coast to Coast AM - 0 views

www.coasttocoastam.com/...06

petro-GOLD Jerome-Corsi Banksters Iran Bankster-paper-currency petro-dollars

shared by Gary Edwards on 07 Feb 12 - No Cached
  • Gary Edwards on 07 Feb 12
     
    I listened to this show last night.  The interview with Jerome Corsi was something else.  He covered two topics; the bankster fraud behind the $2 Trillion dollar business known as the Mexican drug cartel.  And, the Obama effort to provoke the American people into war with Iran.   The Bankster fraud involves HSBC and a courageous whistle blower named John Cruz.  Includes volumes of secret tape recordings and documents that Mr. Cruz lifted.  Working as an employee of HSBC, specializing in face-to-face customer service, Cruz was repeatedly asked to overlook many activities he knew to be illegal.   The bottom line is that the banking giant Cruz worked for is heavily involved in an international money laundering scheme involving billions of dollars being laundered for international drug cartels.  To do this, the bank used a series of fake accounts based on stolen identities to funnel money back to clients - including the drug cartel criminals.  Corsi argued that "the complicit nature of the management of the HSBC bank running the scheme, suggests that someone in government-- like the CIA or Federal Reserve must have been aware of the wire transfers". Nothing about the CIA surprises me anymore.  (See the Ali Soufan tags at Diigo - http://www.diigo.com/user/garyedwards/Ali-Soufan?type=all).  But this is the first time i've seen the CIA enterprises linked to the Federal Reserve Bankster Cartel.  How is it that the money laundering of Trillions can happen anyway? As for war with Iran?  Corsi is behind the curve on this one.  The mullahs may look and sound like madmen bent on another Holocaust, but behind the scenes they are busy signing oil contracts with some very heavy hitting nations, including Russia, China, India, Japan and South Korea.  Yes, the world is heading for a showdown, but it's about petropaper dollars, GOLD and Bankster control of how oil transactions are settled.  The Banksters are demanding that Iran use their petropaper
Paul Merrell

USS Pueblo: LBJ Considered Nuclear Weapons, Naval Blockade, Ground Attacks in Response ... - 0 views

www2.gwu.edu/...NSAEBB453

surveillance state NSA Pueblo-incident

shared by Paul Merrell on 24 Jan 14 - No Cached
  • Washington, DC, January 23, 2014 – Forty-six years ago today - well before Edward Snowden was born - the National Security Agency suffered what may still rank as the most significant compromise ever of its code secrets when the American spy ship USS Pueblo was captured by communist forces off the coast of North Korea on January 23, 1968. The U.S. Navy signals intelligence ship was on a mission to intercept radio and electronic transmissions, and apparently sailing in international waters, when North Korean naval units opened fire, then boarded the vessel and took its crew hostage for almost a year, sparking a major international crisis. Beyond the dramatic political ramifications of the seizure and hostage-taking for the Lyndon Johnson administration and U.S. world standing, the incident resulted in the capture of a dozen top secret encryption devices, maintenance manuals, and other code materials. Because it involved actual encryption equipment rather than just papers and briefing materials, the Pueblo affair may have produced a much greater loss than the recent disclosures of former NSA contract employee Edward Snowden.
  • Recently declassified documents posted today by the National Security Archive describe tense U.S. internal reactions to the Pueblo seizure, and include previously withheld high-level political and military deliberations over how to respond to the episode in an atmosphere fraught with the dangers of a superpower conflict. Military contingency plans, which President Lyndon Johnson eventually rejected, included a naval blockade, major air strikes and even use of nuclear weapons against North Korea.
Paul Merrell

Fukushima - A Global Threat That Requires a Global Response - 0 views

www.truth-out.org/...hat-requires-a-global-response

environment pollution radiation Fukushima disaster

shared by Paul Merrell on 26 Oct 13 - No Cached
  • The story of Fukushima should be on the front pages of every newspaper. Instead, it is rarely mentioned. The problems at Fukushima are unprecedented in human experience and involve a high risk of radiation events larger than any that the global community has ever experienced. It is going to take the best engineering minds in the world to solve these problems and to diminish their global impact. When we researched the realities of Fukushima in preparation for this article, words like apocalyptic, cataclysmic and Earth-threatening came to mind. But, when we say such things, people react as if we were the little red hen screaming "the sky is falling" and the reports are ignored. So, we’re going to present what is known in this article and you can decide whether we are facing a potentially cataclysmic event.
  • There are three major problems at Fukushima: (1) Three reactor cores are missing; (2) Radiated water has been leaking from the plant in mass quantities for 2.5 years; and (3) Eleven thousand spent nuclear fuel rods, perhaps the most dangerous things ever created by humans, are stored at the plant and need to be removed, 1,533 of those are in a very precarious and dangerous position. Each of these three could result in dramatic radiation events, unlike any radiation exposure humans have ever experienced.  We’ll discuss them in order, saving the most dangerous for last.
  • Missing reactor cores:  Since the accident at Fukushima on March 11, 2011, three reactor cores have gone missing.  There was an unprecedented three reactor ‘melt-down.’ These melted cores, called corium lavas, are thought to have passed through the basements of reactor buildings 1, 2 and 3, and to be somewhere in the ground underneath.  Harvey Wasserman, who has been working on nuclear energy issues for over 40 years, tells us that during those four decades no one ever talked about the possibility of a multiple meltdown, but that is what occurred at Fukushima.  It is an unprecedented situation to not know where these cores are. TEPCO is pouring water where they think the cores are, but they are not sure. There are occasional steam eruptions coming from the grounds of the reactors, so the cores are thought to still be hot. The concern is that the corium lavas will enter or may have already entered the aquifer below the plant. That would contaminate a much larger area with radioactive elements. Some suggest that it would require the area surrounding Tokyo, 40 million people, to be evacuated. Another concern is that if the corium lavas enter the aquifer, they could create a "super-heated pressurized steam reaction beneath a layer of caprock causing a major 'hydrovolcanic' explosion." A further concern is that a large reserve of groundwater which is coming in contact with the corium lavas is migrating towards the ocean at the rate of four meters per month. This could release greater amounts of radiation than were released in the early days of the disaster.
  • ...15 more annotations...
  • Radioactive water leaking into the Pacific Ocean:  TEPCO did not admit that leaks of radioactive water were occurring until July of this year. Shunichi Tanaka the head of Japan’s Nuclear Regulation Authority finally told reporters this July that radioactive water has been leaking into the Pacific Ocean since the disaster hit over two years ago. This is the largest single contribution of radionuclides to the marine environment ever observed according to a report by the French Institute for Radiological Protection and Nuclear Safety.  The Japanese government finally admitted that the situation was urgent this September – an emergency they did not acknowledge until 2.5 years after the water problem began. How much radioactive water is leaking into the ocean? An estimated 300 tons (71,895 gallons/272,152 liters) of contaminated water is flowing into the ocean every day.  The first radioactive ocean plume released by the Fukushima nuclear power plant disaster will take three years to reach the shores of the United States.  This means, according to a new study from the University of New South Wales, the United States will experience the first radioactive water coming to its shores sometime in early 2014.
  • One month after Fukushima, the FDA announced it was going to stop testing fish in the Pacific Ocean for radiation.  But, independent research is showing that every bluefin tuna tested in the waters off California has been contaminated with radiation that originated in Fukushima. Daniel Madigan, the marine ecologist who led the Stanford University study from May of 2012 was quoted in the Wall Street Journal saying, "The tuna packaged it up (the radiation) and brought it across the world’s largest ocean. We were definitely surprised to see it at all and even more surprised to see it in every one we measured." Marine biologist Nicholas Fisher of Stony Brook University in New York State, another member of the study group, said: "We found that absolutely every one of them had comparable concentrations of cesium 134 and cesium 137." In addition, Science reports that fish near Fukushima are being found to have high levels of the radioactive isotope, cesium-134. The levels found in these fish are not decreasing,  which indicates that radiation-polluted water continues to leak into the ocean. At least 42 fish species from the area around the plant are considered unsafe.  South Korea has banned Japanese fish as a result of the ongoing leaks.
  • Wasserman builds on the analogy, telling us it is "worse than pulling cigarettes out of a crumbled cigarette pack." It is likely they used salt water as a coolant out of desperation, which would cause corrosion because the rods were never meant to be in salt water.  The condition of the rods is unknown. There is debris in the coolant, so there has been some crumbling from somewhere. Gundersen  adds, "The roof has fallen in, which further distorted the racks," noting that if a fuel rod snaps, it will release radioactive gas which will require at a minimum evacuation of the plant. They will release those gases into the atmosphere and try again. The Japan Times writes: "The consequences could be far more severe than any nuclear accident the world has ever seen. If a fuel rod is dropped, breaks or becomes entangled while being removed, possible worst case scenarios include a big explosion, a meltdown in the pool, or a large fire. Any of these situations could lead to massive releases of deadly radionuclides into the atmosphere, putting much of Japan — including Tokyo and Yokohama — and even neighboring countries at serious risk."  
  • The most recent news on the water problem at Fukushima adds to the concerns. On October 11, 2013, TEPCO disclosed that the radioactivity level spiked 6,500 times at a Fukushima well.  "TEPCO said the findings show that radioactive substances like strontium have reached the groundwater. High levels of tritium, which transfers much easier in water than strontium, had already been detected." Spent Fuel Rods:  As bad as the problems of radioactive water and missing cores are, the biggest problem at Fukushima comes from the spent fuel rods.  The plant has been in operation for 40 years. As a result, they are storing 11 thousand spent fuel rods on the grounds of the Fukushima plant. These fuel rods are composed of highly radioactive materials such as plutonium and uranium. They are about the width of a thumb and about 15 feet long. The biggest and most immediate challenge is the 1,533 spent fuel rods packed tightly in a pool four floors above Reactor 4.  Before the storm hit, those rods had been removed for routine maintenance of the reactor.  But, now they are stored 100 feet in the air in damaged racks.  They weigh a total of 400 tons and contain radiation equivalent to 14,000 times the amount released by the Hiroshima atomic bomb.
  • The building in which these rods are stored has been damaged. TEPCO reinforced it with a steel frame, but the building itself is buckling and sagging, vulnerable to collapse if another earthquake or storm hits the area. Additionally, the ground under and around the building is becoming saturated with water, which further undermines the integrity of the structure and could cause it to tilt. How dangerous are these fuel rods?  Harvey Wasserman explains that the fuel rods are clad in zirconium which can ignite if they lose coolant. They could also ignite or explode if rods break or hit each other. Wasserman reports that some say this could result in a fission explosion like an atomic bomb, others say that is not what would happen, but agree it would be "a reaction like we have never seen before, a nuclear fire releasing incredible amounts of radiation," says Wasserman. These are not the only spent fuel rods at the plant, they are just the most precarious.  There are 11,000 fuel rods scattered around the plant, 6,000 in a cooling pool less than 50 meters from the sagging Reactor 4.  If a fire erupts in the spent fuel pool at Reactor 4, it could ignite the rods in the cooling pool and lead to an even greater release of radiation. It could set off a chain reaction that could not be stopped.
  • What would happen? Wasserman reports that the plant would have to be evacuated.  The workers who are essential to preventing damage at the plant would leave, and we will have lost a critical safeguard.  In addition, the computers will not work because of the intense radiation. As a result we would be blind - the world would have to sit and wait to see what happened. You might have to not only evacuate Fukushima but all of the population in and around Tokyo, reports Wasserman.  There is no question that the 1,533 spent fuel rods need to be removed.  But Arnie Gundersen, a veteran nuclear engineer and director of Fairewinds Energy Education, who used to build fuel assemblies, told Reuters "They are going to have difficulty in removing a significant number of the rods." He described the problem in a radio interview: "If you think of a nuclear fuel rack as a pack of cigarettes, if you pull a cigarette straight up it will come out — but these racks have been distorted. Now when they go to pull the cigarette straight out, it’s going to likely break and release radioactive cesium and other gases, xenon and krypton, into the air. I suspect come November, December, January we’re going to hear that the building’s been evacuated, they’ve broke a fuel rod, the fuel rod is off-gassing."
  • As bad as the ongoing leakage of radioactive water is into the Pacific, that is not the largest part of the water problem.  The Asia-Pacific Journal reported last month that TEPCO has 330,000 tons of water stored in 1,000 above-ground tanks and an undetermined amount in underground storage tanks.  Every day, 400 tons of water comes to the site from the mountains, 300 tons of that is the source for the contaminated water leaking into the Pacific daily. It is not clear where the rest of this water goes.   Each day TEPCO injects 400 tons of water into the destroyed facilities to keep them cool; about half is recycled, and the rest goes into the above-ground tanks. They are constantly building new storage tanks for this radioactive water. The tanks being used for storage were put together rapidly and are already leaking. They expect to have 800,000 tons of radioactive water stored on the site by 2016.  Harvey Wasserman warns that these unstable tanks are at risk of rupture if there is another earthquake or storm that hits Fukushima. The Asia-Pacific Journal concludes: "So at present there is no real solution to the water problem."
  • This is not the usual moving of fuel rods.  TEPCO has been saying this is routine, but in fact it is unique – a feat of engineering never done before.  As Gundersen says: "Tokyo Electric is portraying this as easy. In a normal nuclear reactor, all of this is done with computers. Everything gets pulled perfectly vertically. Well nothing is vertical anymore, the fuel racks are distorted, it’s all going to have to be done manually. The net effect is it’s a really difficult job. It wouldn’t surprise me if they snapped some of the fuel and they can’t remove it." Gregory Jaczko, Former Chairman of the U.S. Nuclear Regulatory Commission concurs with Gundersen describing the removal of the spent fuel rods as "a very significant activity, and . . . very, very unprecedented." Wasserman sums the challenge up: "We are doing something never done before – bent, crumbling, brittle fuel rods being removed from a pool that is compromised, in a building that is sinking, sagging and buckling, and it all must done under manual control, not with computers."  And the potential damage from failure would affect hundreds of millions of people.
  • The first thing that is needed is to end the media blackout.  The global public needs to be informed about the issues the world faces from Fukushima.  The impacts of Fukushima could affect almost everyone on the planet, so we all have a stake in the outcome.  If the public is informed about this problem, the political will to resolve it will rapidly develop. The nuclear industry, which wants to continue to expand, fears Fukushima being widely discussed because it undermines their already weak economic potential.  But, the profits of the nuclear industry are of minor concern compared to the risks of the triple Fukushima challenges. 
  • The second thing that must be faced is the incompetence of TEPCO.  They are not capable of handling this triple complex crisis. TEPCO "is already Japan’s most distrusted firm" and has been exposed as "dangerously incompetent."  A poll found that 91 percent of the Japanese public wants the government to intervene at Fukushima. Tepco’s management of the stricken power plant has been described as a comedy of errors. The constant stream of mistakes has been made worse by constant false denials and efforts to minimize major problems. Indeed the entire Fukushima catastrophe could have been avoided: "Tepco at first blamed the accident on ‘an unforeseen massive tsunami’ triggered by the Great East Japan Earthquake on March 11, 2011. Then it admitted it had in fact foreseen just such a scenario but hadn’t done anything about it."
  • The reality is Fukushima was plagued by human error from the outset.  An official Japanese government investigation concluded that the Fukushima accident was a "man-made" disaster, caused by "collusion" between government and Tepco and bad reactor design. On this point, TEPCO is not alone, this is an industry-wide problem. Many US nuclear plants have serious problems, are being operated beyond their life span, have the same design problems and are near earthquake faults. Regulatory officials in both the US and Japan are too corruptly tied to the industry. Then, the meltdown itself was denied for months, with TEPCO claiming it had not been confirmed.  Japan Times reports that "in December 2011, the government announced that the plant had reached ‘a state of cold shutdown.’ Normally, that means radiation releases are under control and the temperature of its nuclear fuel is consistently below boiling point."  Unfortunately, the statement was false – the reactors continue to need water to keep them cool, the fuel rods need to be kept cool – there has been no cold shutdown.
  • TEPCO has done a terrible job of cleaning up the plant.  Japan Times describes some of the problems: "The plant is being run on makeshift equipment and breakdowns are endemic. Among nearly a dozen serious problems since April this year there have been successive power outages, leaks of highly radioactive water from underground water pools — and a rat that chewed enough wires to short-circuit a switchboard, causing a power outage that interrupted cooling for nearly 30 hours. Later, the cooling system for a fuel-storage pool had to be switched off for safety checks when two dead rats were found in a transformer box."  TEPCO has been constantly cutting financial corners and not spending enough to solve the challenges of the Fukushima disaster resulting in shoddy practices that cause environmental damage. Washington’s Blog reports that the Japanese government is spreading radioactivity throughout Japan – and other countries – by burning radioactive waste in incinerators not built to handle such toxic substances. Workers have expressed concerns and even apologized for following order regarding the ‘clean-up.’
  • Indeed, the workers are another serious concern. The Guardian reported in October 2013 the plummeting morale of workers, problems of alcohol abuse, anxiety, loneliness, Post-Traumatic Stress Disorder and depression. TEPCO cut the pay of its workers by 20 percent in 2011 to save money even though these workers are doing very difficult work and face constant problems. Outside of work, many were traumatized by being forced to evacuate their homes after the Tsunami; and they have no idea how exposed to radiation they have been and what health consequences they will suffer. Contractors are hired based on the lowest bid, resulting in low wages for workers. According to the Guardian, Japan's top nuclear regulator, Shunichi Tanaka, told reporters: "Mistakes are often linked to morale. People usually don't make silly, careless mistakes when they're motivated and working in a positive environment. The lack of it, I think, may be related to the recent problems." The history of TEPCO shows we cannot trust this company and its mistreated workforce to handle the complex challenges faced at Fukushima. The crisis at Fukushima is a global one, requiring a global solution.
  • In an open letter to the United Nations, 16 top nuclear experts urged the government of Japan to transfer responsibility for the Fukushima reactor site to a worldwide engineering group overseen by a civil society panel and an international group of nuclear experts independent from TEPCO and the International Atomic Energy Administration , IAEA. They urge that the stabilization, clean-up and de-commissioning of the plant be well-funded. They make this request with "urgency" because the situation at the Fukushima plant is "progressively deteriorating, not stabilizing." 
  • The problems at Fukushima are in large part about facing reality – seeing the challenges, risks and potential harms from the incident. It is about TEPCO and Japan facing the reality that they are not equipped to handle the challenges of Fukushima and need the world to join the effort. 
  • Paul Merrell on 26 Oct 13
     
    Excellent roundup of evidence that the Fukushima disaster recovery process has gone badly awry and is devolving quickly to looming further disasters. Political momentum is gathering to wrest the recovery efforts away from the Japanese government and to place its leadership in the hands of an international group of experts. The disaster was far worse than its portrayal in mainstream media, is continuing, and even worse secondary disasters now loom. 
Paul Merrell

U.S. warns China not to try Crimea-style action in Asia | Reuters - 0 views

www.reuters.com/...mea-asia-idUSBREA322DA20140404

war & peace China U.S.-foreign-policy threats

shared by Paul Merrell on 28 Apr 14 - No Cached
  • (Reuters) - China should not doubt the U.S. commitment to defend its Asian allies and the prospect of economic retaliation should also discourage Beijing from using force to pursue territorial claims in Asia in the way Russia has in Crimea, a senior U.S. official said on Thursday. Daniel Russel, President Barack Obama's diplomatic point man for East Asia, said it was difficult to determine what China's intentions might be, but Russia's annexation of Crimea had heightened concerns among U.S. allies in the region about the possibility of China using force to pursue its claims."The net effect is to put more pressure on China to demonstrate that it remains committed to the peaceful resolution of the problems," Russel, the U.S. assistant secretary of state for East Asia, told the Senate Foreign Relations Committee.
  • Russel termed the deployment of large numbers of Chinese vessels in its dispute with the Philippines in the South China Sea "problematic" and said that Beijing had taken "what to us appears to be intimidating steps.""It is incumbent of all of the claimants to foreswear intimidation, coercion and other non-diplomatic or extra-legal means," he said.In Asia, China also has competing territorial claims with Japan and South Korea, as well as with Vietnam, Malaysia, Brunei and Taiwan in potentially energy-rich waters.Obama is due to visit Japan, South Korea, Malaysia and the Philippines from April 22, when he is expected to stress his commitment to a rebalancing of U.S. strategic and economic focus towards the Asia-Pacific region in the face of an increasingly assertive China.
Paul Merrell

Core Secrets: NSA Saboteurs in China and Germany - The Intercept - 0 views

firstlook.org/...core-secrets

surveillance state NSA HUMINT China Germany South-Korea

shared by Paul Merrell on 11 Oct 14 - No Cached
  • The National Security Agency has had agents in China, Germany, and South Korea working on programs that use “physical subversion” to infiltrate and compromise networks and devices, according to documents obtained by The Intercept. The documents, leaked by NSA whistleblower Edward Snowden, also indicate that the agency has used “under cover” operatives to gain access to sensitive data and systems in the global communications industry, and that these secret agents may have even dealt with American firms. The documents describe a range of clandestine field activities that are among the agency’s “core secrets” when it comes to computer network attacks, details of which are apparently shared with only a small number of officials outside the NSA.
  • with vast amounts of customer data, including phone records and email traffic. But documents published today by The Intercept suggest that even as the agency uses secret operatives to penetrate them, companies have also cooperated more broadly to undermine the physical infrastructure of the internet than has been previously confirmed. In addition to so-called “close access” operations, the NSA’s “core secrets” include the fact that the agency works with U.S. and foreign companies to weaken their encryption systems; the fact that the NSA spends “hundreds of millions of dollars” on technology to defeat commercial encryption; and the fact that the agency works with U.S. and foreign companies to penetrate computer networks, possibly without the knowledge of the host countries. Many of the NSA’s core secrets concern its relationships to domestic and foreign corporations.
  • Sentry Eagle includes six programs: Sentry Hawk (for activities involving computer network exploitation, or spying), Sentry Falcon (computer network defense), Sentry Osprey (cooperation with the CIA and other intelligence agencies), Sentry Raven (breaking encryption systems), Sentry Condor (computer network operations and attacks), and Sentry Owl (collaborations with private companies). Though marked as a draft from 2004, it refers to the various programs in language indicating that they were ongoing at the time, and later documents in the Snowden archive confirm that some of the activities were going on as recently as 2012.
  • ...3 more annotations...
  • The agency’s core secrets are outlined in a 13-page “brief sheet” about Sentry Eagle, an umbrella term that the NSA used to encompass its most sensitive programs “to protect America’s cyberspace.” “You are being indoctrinated on Sentry Eagle,” the 2004 document begins, before going on to list the most highly classified aspects of its various programs. It warns that the details of the Sentry Eagle programs are to be shared with only a “limited number” of people, and even then only with the approval of one of a handful of senior intelligence officials, including the NSA director. “The facts contained in this program constitute a combination of the greatest number of highly sensitive facts related to NSA/CSS’s overall cryptologic mission,” the briefing document states. “Unauthorized disclosure…will cause exceptionally grave damage to U.S. national security. The loss of this information could critically compromise highly sensitive cryptologic U.S. and foreign relationships, multi-year past and future NSA investments, and the ability to exploit foreign adversary cyberspace while protecting U.S. cyberspace.”
  • The most controversial revelation in Sentry Eagle might be a fleeting reference to the NSA infiltrating clandestine agents into “commercial entities.” The briefing document states that among Sentry Eagle’s most closely guarded components are “facts related to NSA personnel (under cover), operational meetings, specific operations, specific technology, specific locations and covert communications related to SIGINT enabling with specific commercial entities (A/B/C).” It is not clear whether these “commercial entities” are American or foreign or both. Generally the placeholder “(A/B/C)” is used in the briefing document to refer to American companies, though on one occasion it refers to both American and foreign companies. Foreign companies are referred to with the placeholder “(M/N/O).” The NSA refused to provide any clarification to The Intercept.
  • Documents: Sentry Eagle Brief Sheet (13 pages) TAREX Classification Guide (7 pages) Exceptionally Controlled Information Listing (6 pages) ECI WHIPGENIE Classification Guide (7 pages) ECI Pawleys Classification Guide (4 pages) ECI Compartments (4 pages) CNO Core Secrets Slide Slices (10 pages) CNO Core Secrets Security Structure (3 pages) Computer Network Exploitation Classification Guide (8 pages) CNO Core Secrets (7 pages)
Joseph Skues

America: No Vacation Time For You | NEWS JUNKIE POST - 0 views

newsjunkiepost.com/...erica-no-vacation-time-for-you

vacation america labor congrss

shared by Joseph Skues on 20 Jan 11 - No Cached
  • In the richest country in the world, there is no right to any vacation time
  • In most other wealthy nations, there are between 20-35 vacation days per year (4-7 weeks).
  • 1 in 4 private-sector workers in the US do not receive any paid vacation or paid holidays
  • ...22 more annotations...
  • *The average paid vacation + paid holidays provided to U.S. workers in the private sector (15) is less than the minimum required by law in nearly every other rich country
  • 69% of low wage workers have vacation
  • 36% of part time workers have any paid vacation
  • The United States is the only advanced economy in the world that does not guarantee its workers paid vacation.
  • but most of the rest of the world’s rich countries offer between five and 13 paid holidays per year.
  • For example, the average lower-wage worker (less than $15 per hour) with a vacation benefit received only 10 days of paid vacation per year in 2005, compared to 14 days of paid vacation for higher-wage workers with paid vacations. If we look at all workers ? those who receive paid vacations and those who don’t ? the vacation gap between lower-wage and higher-wage workers is even larger: only 7 days for lower-wage workers, compared to 13 days for higher-wage workers.
  • we also note that several foreign countries offer additional time off for younger and older workers, shift workers, and those engaged in community service including jury duty.
  • Three countries even mandate that employers pay vacationing workers a small premium above their standard pay in order to help with vacation-related expenses
  • Our analysis does not cover paid leave for other reasons such as sick leave, parental leave, or leave to care for sick relatives.
  • A 2007 report by the World Tourism Organization cataloged a sampling of nations to compare and contrast figures of the average number of vacation days offered: Italy 42 days France 37 days Germany 35 days Brazil 34 days United Kingdom 28 days Canada 26 days Korea 25 days Japan 25 days U.S. 13 days
  • Even Koreans who work hundreds of more hours per year than Americans average nearly twice the number of paid vacation days
  • On the other side of the scale, people in The Netherlands work hundreds of hours less per year than Americans,  and averaged 45 paid days off at one time (recent data not available).
  • One in six workers in the US are unable to take any vacation days for various reasons (usually due to workload), with some people going for years without taking their offered time off.
  • They calculate this to be worth $19.3 billion a year to their employers.
  • And 53% of respondents did not know that US employees receive considerably less annual vacation time than their counterparts in other industrialized countries.
  • The research firm Ipsos
  • lists the percentage of people in the following countries that used the full amount of their offered paid vacation time: France: 89 percent Argentina: 80 percent Hungary: 78 percent Britain: 77 percent Spain: 77 percent Saudi Arabia: 76 percent Germany: 75 percent Belgium: 74 percent Turkey: 74 percent Indonesia: 70 percent Mexico: 67 percent Russia: 67 percent Italy 66 percent Poland: 66 percent China: 65 percent Sweden: 63 percent Brazil: 59 percent India: 59 percent Canada: 58 percent United States: 57 percent South Korea: 53 percent Australia: 47 percent South Africa: 47 percent Japan: 33 percent Why the discrepancy?  Kathleen E. Christensen, the founder of the Workplace, Work Force and Working Families program at the Alfred P. Sloan Foundation and author of the book Workplace Flexibility: Realigning 20th-Century Jobs for a 21st-Century Workforce, states
  • Many of these countries have strong labor unions and the workers are more protected than in the U.S.”
  • Ironic that the country with the largest economy and greatest wealth in the world does not require any vacation time for the workers who create the wealth with their labor.  When paid annual and holiday leave is offered, it is less than half of what most other countries receive, and of that almost half of Americans do not use all of their days.
  • addition to our finding that the United States is the only country in the group that does not require employers to provide paid vacation time, we also note that several foreign countries offer additional time off for younger and older workers, shift workers, and those engaged in community service including jury duty
  • addition to our finding that the United States is the only country in the group that does not require employers to provide paid vacation time, we also note that several foreign countries offer additional time off for younger and older workers, shift workers, and those engaged in community service including jury duty
  • n addition to our finding that the United States is the only country in the group that does not require employers to provide paid vacation time, we also note that several foreign countries offer additional time off for younger and older workers, shift workers, and those engaged in community service including jury duty.
Gary Edwards

GAO Audit: Fed Gave $16 Trillion in Emergency Loans to Bankster Cartel! - 0 views

www.informationclearinghouse.info/article28660.htm

Banksters GAO-Audit Federal-Reserve-Bank-Cartel Federal-debt-ceiling financial-collapse

shared by Gary Edwards on 27 Jul 11 - No Cached
  • Gary Edwards on 27 Jul 11
     
    The U.S. Federal Reserve gave out $16.1 trillion in emergency loans to U.S. and foreign financial institutions between Dec. 1, 2007 and July 21, 2010, according to figures produced by the government's first-ever audit of the central bank. Last year, the gross domestic product of the entire U.S. economy was $14.5 trillion. Of the $16.1 trillion loaned out, $3.08 trillion went to financial institutions in the U.K., Germany, Switzerland, France and Belgium, the Government Accountability Office's (GAO) analysis shows. Additionally, asset swap arrangements were opened with banks in the U.K., Canada, Brazil, Japan, South Korea, Norway, Mexico, Singapore and Switzerland. Twelve of those arrangements are still ongoing, having been extended through August 2012. Out of all borrowers, Citigroup received the most financial assistance from the Fed, at $2.5 trillion. Morgan Stanley came in second with $2.04 trillion, followed by Merill Lynch at $1.9 trillion and Bank of America at $1.3 trillion. The audit also found that the Fed mostly outsourced its lending operations to the very financial institutions which sparked the crisis to begin with, and that they delegated contracts largely on a no-bid basis. The GAO report recommends new policies that would eliminate such conflicts of interest, and suggests that in the future the Fed should keep better records of their emergency decision-making process.
Paul Merrell

And The Country Posing The Greatest Threat to Peace as 2013 Ends is … | CNS News - 0 views

www.cnsnews.com/...reatest-threat-peace-2013-ends

war & peace polls U.S. threat-to-peace

shared by Paul Merrell on 31 Dec 13 - No Cached
  • The past year witnessed bloodshed in Syria and Iraq, turmoil in Egypt, anarchy in Central Africa, threats by a nuclear-armed North Korea and Chinese military posturing, but as 2013 ends a global poll finds that the country seen as representing the greatest threat to peace today is ... the United States. Not only did the U.S. top the list with an aggregate of 24 percent, but the runner-up threat country, Pakistan, was way behind at eight percent. China was third at six percent, followed by North Korea, Iran and Israel at five percent each.
  • Paul Merrell on 31 Dec 13
     
    Includes country-by-country breakdown of results, poll by Win-Gallup.
Gary Edwards

The Daily Bell - The Economist Hoists Its Battle Balloon? - 1 views

www.thedailybell.com/...mist-Hoists-Its-Battle-Balloon

economist-magazine Banksters World-Wars New-World-Order

shared by Gary Edwards on 19 Dec 13 - No Cached
  • Gary Edwards on 19 Dec 13
     
    "The first world war... Look back with angst ... Thanks to its military, economic and soft power, America is still indispensable, particularly in dealing with threats like climate change and terror, which cross borders. But unless America behaves as a leader and the guarantor of the world order, it will be inviting regional powers to test their strength by bullying neighbouring countries. The chances are that none of the world's present dangers will lead to anything that compares to the horrors of 1914. Madness, whether motivated by race, religion or tribe, usually gives ground to rational self-interest. But when it triumphs, it leads to carnage, so to assume that reason will prevail is to be culpably complacent. That is the lesson of a century ago. - Economist Magazine Dominant Social Theme: Beware the coming wars ... Free-Market Analysis: You can't make this stuff up. The top men in the globalist community have been hard at work building wars and potential wars, and now it's time to let 'er rip. This is one dominant social theme we saw coming miles away. We've been writing about its imminence for years, and predicting war and more war as internationalists try to blunt the effect of the Internet Reformation. After the Gutenberg press blew up the Middle Ages and the Roman Catholic Church besides, the globalists of the era used economic chaos, war and the invention of copyright to fight back. We predicted they would use the same tools this time around and have no reason to revise our predictions thus far. The only thing we've consistently pointed out that has not yet been addressed is the inability of the top men to launch a full-out world war because that would involve nuclear weapons. And lacking a full-out war, we have questioned how successful the strategy can be. Obviously, the top elites see something we don't. Or perhaps they are willing to risk an all-out war anyway - as they retreat into reported fully-stocked, underground "cities." Here's more fro
Paul Merrell

McCain calls for dramatic increase in US airstrikes against Islamic State - Yahoo News ... - 0 views

in.news.yahoo.com/against-islamic-190420191.html

war & peace ISIL Iraq Syria McCain

shared by Paul Merrell on 27 Aug 14 - No Cached
  • (Reuters) - Republican Senator John McCain called on Wednesday for a dramatic increase in U.S. airstrikes against Islamic State targets in Iraq and said the attacks should also extend into Syria. McCain told Reuters that the beheading of American journalist James Foley by Islamic State militants should serve as a turning point for President Barack Obama's deliberations on how to deal with the group. "First of all, you've got to dramatically increase the airstrikes. And those airstrikes have to be devoted to Syria as well," McCain said in a telephone interview. Of the video of Foley's beheading, McCain said: "I don't think there's any doubt that this horrible video on the Internet is bound to have an impact on the American people. The nature of the brutality of this organization has been brought home by this." McCain said hitting Islamic State targets in Syria is necessary because the militants have captured military equipment in the Iraqi city of Mosul which they seized in June and moved it into enclaves inside Syria. "We have to defeat them, not stop them," he said.
  • The Arizona senator also said the United States should arm Iraqi Kurds and help arrange a reconciliation between Shi'ites and Sunnis in Iraq.
  • Paul Merrell on 27 Aug 14
     
    What I'm still waiting to hear from the hawks is any kind of plan with a shot at achieving either a victory that also includes an exit strategy. Fact: the last major war the U.S. won was against Japan in 1945. Since then, the U.S. has been defeated in every major war, Korea, Viet Nam, Iraq, and Afghanistan. I also want to hear a reasonable plan for funding such a war. Until I see those details filled in, I hear nothing but a politics of fear call for government subsidization of the military/industrial complex. As though we could afford it.  
Paul Merrell

Russia and China: Watch Out Moody's, Here We Come! | New Eastern Outlook - 0 views

journal-neo.org/...watch-out-moody-s-here-we-come

banksters ratings-agencies history Russia China

shared by Paul Merrell on 22 Jan 15 - No Cached
  • In 1945 it was easy to get a defeated Europe to agree to Bretton Woods Gold Exchange Standard in which all currencies would be fixed to the US dollar and the dollar alone fixed to gold at $35 an ounce, where it remained until the system collapsed in August 1971 and Nixon abandoned gold-dollar convertibility. By then Europe was booming with modern reconstructed industry and the USA was becoming a rustbelt. France and Germany demanded US gold bullion instead of inflated dollars, and US gold reserves were vanishing. After 1971, the dollar flooded the world unfettered by gold reserve requirements and US military might during the Cold War forced Japan, Western Europe and others including OPEC to accept constantly inflating paper US dollars. From 1970 until about 2000 the volume of dollars in the world had risen some 2,900%. Because the dollar was the world “reserve currency” needed by all for trade in oil, goods, grains, the world was forced to swallow a de facto mammoth inflation after 1971.First appeared: http://journal-neo.org/2015/01/22/watch-out-moody-s-here-we-come/
  • Paul Merrell on 22 Jan 15
     
    The established New York credit agencies would play a strategic role in this post-1971 dollar system. During the 1970's the US Government's Securities & Exchange Commission, charged with oversight of bond and stock markets, issued a ruling giving the then-dominant New York credit rating agencies-Moody's and Standard & Poor's (and later Fitch Ratings)-a de facto guaranteed monopoly in an unregulated market, when they ruled that only "Nationally Recognized Statistical Rating Organizations" would be qualified to issue appropriate ratings, i.e. only Moody's and S&P. Corruption was made endemic to the US ratings game and Washington was party to the dirty deal. By the end of the 1970's, using the vast amount of OPEC "petro-dollars" from the two oil price shocks in 1973 and 1979, New York international banks, using London, began to loan to the rest of the world to finance imports of oil and other essentials. The New York credit rating agencies, previously primarily rating US corporate bonds, expanded into the new foreign debt markets as the largest and only established rating agencies in the new phase of dollarization and globalization of capital markets. They set up branches in Germany, France, Japan, Mexico, Argentina and other emerging markets much like the US Big Five accounting firms. During the 1980s the rating agencies played a key role in down-rating the debt of the Latin American debtor countries such as Mexico and Argentina. Their ratings determined if the debtor countries could borrow or not. Financial market insiders in London and New York openly spoke of the "political" rating agencies using their de facto monopoly to advance the agenda of Wall Street and the Dollar System behind it. Then in the 1990's, the New York rating agencies played a decisive role in spreading the "Asia Crisis" of 1997-98. With the precise timing of its downgrades they could worsen the panic because they had been suspiciously silent right up un
Paul Merrell

U.S. urges allies to think twice before joining China-led bank - Yahoo Finance - 0 views

finance.yahoo.com/...taly-join-china-002209014.html

economic-warfare dedollarization AIIB Germany France Italy Luxembourg EC

shared by Paul Merrell on 20 Mar 15 - No Cached
  • (Reuters) - The United States urged countries on Tuesday to think twice about signing up to a new China-led Asian development bank that Washington sees as a rival to the World Bank, after Germany, France and Italy followed Britain in saying they would join. The concerted move by U.S. allies to participate in Beijing's flagship economic outreach project is a diplomatic blow to the United States and its efforts to counter the fast-growing economic and diplomatic influence of China. Europe's participation reflects the eagerness to partner with China's economy, the world's second largest, and comes amid prickly trade negotiations between Brussels and Washington.
  • European Union and Asian governments are frustrated that the U.S. Congress has held up a reform of voting rights in the International Monetary Fund that would give China and other emerging powers more say in global economic governance.
  • Washington insists it has not actively discouraged countries from joining the new bank, but it has questioned whether the Asian Infrastructure Investment Bank (AIIB) will have sufficient standards of governance and environmental and social safeguards. "I hope before the final commitments are made anyone who lends their name to this organization will make sure that the governance is appropriate," Treasury Secretary Jack Lew told U.S. lawmakers. Lew warned the Republican-dominated Congress that China and other rising powers were challenging American leadership in global financial institutions, and he urged lawmakers to swiftly ratify stalled reform of the IMF.
  • ...6 more annotations...
  • In a joint statement, the foreign and finance ministers of Germany, France and Italy said they would work to ensure the new institution "follows the best standards and practices in terms of governance, safeguards, debt and procurement policies." Luxembourg’s Finance Ministry confirmed the country, a big financial centre, has also applied to be a founding member of the $50 billion AIIB.
  • A spokeswoman for the European Commission, the EU's executive arm, endorsed member states' participation in the AIIB as a way of tackling global investment needs and as an opportunity for EU companies.
  • Lew told lawmakers that the U.S. delay in ratifying the agreement was undermining its credibility and influence as countries question the United States' commitment to international institutions. “It's not an accident that emerging economies are looking at other places because they are frustrated that, frankly, the United States has stalled a very mild and reasonable set of reforms in the IMF,” Lew said.
  • Some Republicans have complained the changes would cost too much at a time Washington is running big budget deficits. The reforms have also ran afoul of a growing isolationist trend among the party's influential Tea Party wing.
  • Washington says it sees a role for the IAAB given Asia's immense infrastructure needs and regards it as a potential partner for established institutions like the ADB. But its strategy of questioning the IAAB's standards has drawn criticism from some observers, who say the administration should have been more accepting of the new bank or offered alternatives within the existing institutions. "If you try to fight the rising power's peaceful ascent you sow big problems in the future," said Fred Bergsten, a former top international affairs official at the U.S. Treasury and currently a fellow at the Peterson Institute in Washington. Scott Morris, a former U.S. Treasury official who led U.S. engagement with the multilateral development banks during the first Obama administration, said Washington was paying the price for delay on IMF reform. "It's a clear sentiment among a pretty diverse group of countries: We would like to mobilize more capital for infrastructure through MDBs (multilateral development banks)," said Morris, now with the Washington-based Center for Global Development. "And the U.S. stands in the way of that and now finds itself increasingly isolated as a result.”
  • Japan, Australia and South Korea remain notable regional absentees from the AIIB. Australian Prime Minister Tony Abbott said at the weekend he would make a final decision on membership soon. South Korea has said it is still in discussions with China and other countries about possible participation. Japan is unlikely to join the AIIB, but ADB head Takehiko Nakao told the Nikkei Asian Review that the two institutions were in discussions and could work together.
  • Paul Merrell on 20 Mar 15
     
    Oh, man. Angela Merkel just hitched Germany's wagon to China's, which implictly means Russia's and the rest of BRICS too. Plus the European Commission, UK, France, Italy, and Luxembourg   Keep in mind that China will open its RMB trading centers in the major financial hubs in September and that the folks in Brussels are making noises about a European combined defense organization, independent of NATO anjd the U.S.   I want more information to be certain that there is more here than moves to create bargaining leverage with Washington, D.C.. but it might soon be time to buy a wheelbarrow to carry my walkabout spending money. Wow!
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.
  • ...7 more annotations...
  • 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

Rand Paul: Why I'll Fight Gina Haspel and Mike Pompeo Nominations | The American Conser... - 0 views

www.theamericanconservative.com/...s-and-mike-pompeos-nominations

Rand-Paul appointments war & peace

shared by Paul Merrell on 19 Mar 18 - No Cached
  • when it comes to our place on the world stage, we are at a crossroads. We can continue to build on our recent successes by reaffirming America’s role as a trusted, powerful nation guided by principle. Or we can throw it all away by allowing neocon interventionists to infiltrate our leadership and make America the purveyor of destruction. For decades, we have failed to bring about real peace thanks to a foreign policy guided by the idea that war and intervention are the answers. “Blow up and rebuild” has been the battle cry of those determined to keep us perpetually in conflict.
  • People already distrust the CIA. So why on earth has this administration picked someone to run the Agency who was instrumental in running a place where people were tortured and then covered it up afterwards?
  • Unfortunately, Haspel is just one of many potential neoconservatives being considered to serve in our country’s top leadership roles. The current CIA director and the president’s pick to become the next secretary of state, Mike Pompeo, has defended torture in the past. Further, he’s been a stalwart defender of the National Security Agency’s (NSA) unconstitutional spying programs and has even written in support of expanding the information government can collect. I could not support appointing him as CIA director in 2017, and for those same reasons, I will oppose his nomination to be our chief diplomat now. Just as troublesome are recent news reports that John Bolton is being considered for a senior administration position. Just recently, Bolton advocated for a preemptive strike against North Korea. If he had his way, our nation would be embroiled in dozens of armed conflicts in every corner of the world. I want to be clear. This issue is much bigger than a simple disagreement over policy—and far more consequential. These are dangerous appointments.
  • ...1 more annotation...
  • Allowing the failed foreign policies of the past to have a place in this administration, and sanctioning the infiltration of our government by those who eagerly await the next opportunity for war, not only says we don’t learn from our mistakes, it will result in a world with far more enemies than opportunities for stability and peace. If we are to avoid a future that is war-torn and mired in endless conflicts, we must do better than appointing these flawed nominees. I find them unacceptable, and I won’t support them. I hope the president will reconsider, too.
Paul Merrell

South Korea's Constitutional Court Upheld Park's Impeachment - nsnbc international | ns... - 0 views

nsnbc.me/...court-upheld-parks-impeachment

South-Korea Park-Geun-hye impeachment

shared by Paul Merrell on 10 Mar 17 - No Cached
  • South Korea’s Constitutional Court, on Friday, upheld the motion to impeach president Park Geun-hye. Acting Chief Justice Lee Jung-Mi read the ruling on the impeachment in a nationwide televised broadcast saying the Court’s decision by the eight justices was unanimous.
  • outh Korean law stipulated that the ruling has immediate effect – which means Park Geun-hye has been impeached and ousted from the presidency with immediate effect. She will be required to leave the presidential residence  – the Blue House – as soon as possible. A presidential election will be held in 60 days.
  • Since the December 9 adoption of the impeachment bill in the National Assembly, a total of 20 hearings had been held in the court. It took 92 days before the court’s final decision. Park will now possibly be subject to indictment and detention by prosecutors as she lost her presidential immunity following the court’s ruling. Prosecutors have identified Park as an accomplice of her longtime confidante Choi Soon-sil, who is at the center of a corruption scandal that led to Park’s impeachment for multiple charges including bribery, abuse of privileged information and nepotism. Having been impeached, Park will be stripped of most of the privileges granted to former presidents, including a monthly pension worth 12 million won or 10,400 U.S. dollars –  to 13 million won per month, one paid chauffeur and three paid secretaries. Free medicine and costs for a personal office will not be given to the impeached leader either. Moreover, the period during which she will have a special presidential security detail will be reduced from ten to five years.
Paul Merrell

The coming collapse of Iran sanctions - Opinion - Al Jazeera English - 0 views

www.aljazeera.com/...201322584515426148.html

iran sanctions european union China WTO foreign policy blunders

shared by Paul Merrell on 27 Feb 13 - No Cached
  • Western policymakers and commentators wrongly assume that sanctions will force Iranian concessions in nuclear talks that resume this week in Kazakhstan - or perhaps even undermine the Islamic Republic's basic stability in advance of the next Iranian presidential election in June.  Besides exaggerating sanctions' impact on Iranian attitudes and decision-making, this argument ignores potentially fatal flaws in the US-led sanctions regime itself - flaws highlighted by ongoing developments in Europe and Asia, and that are likely to prompt the erosion, if not outright collapse of America's sanctions policy.       Virtually since the 1979 Iranian revolution, US administrations have imposed unilateral sanctions against the Islamic Republic. These measures, though, have not significantly damaged Iran's economy and have certainly not changed Iranian policies Washington doesn't like. 
  • Secondary sanctions are a legal and political house of cards. They almost certainly violate American commitments under the World Trade Organisation, which allows members to cut trade with states they deem national security threats but not to sanction other members over lawful business conducted in third countries. If challenged on the issue in the WTO's Dispute Resolution Mechanism, Washington would surely lose.  
  • Last year, the European Union - which for years had condemned America's prospective "extraterritorial" application of national trade law and warned it would go to the WTO's Dispute Resolution Mechanism if Washington ever sanctioned European firms over Iran-related business - finally subordinated its Iran policy to American preferences, banning Iranian oil and imposing close to a comprehensive economic embargo against the Islamic Republic.   In recent weeks, however, Europe's General Court overturned European sanctions against two of Iran's biggest banks, ruling that the EU never substantiated its claims that the banks provided "financial services for entities procuring on behalf of Iran's nuclear and ballistic missile programmes". 
  • ...5 more annotations...
  • On the other side of the world, America is on a collision course with China over sanctions. In recent years, Beijing has tried to accommodate US concerns about Iran. It has not developed trade and investment positions there as rapidly as it might have, and has shifted some Iran-related transactional flows into renminbito to help the Obama administration avoid sanctioning Chinese banks (similarly, India now pays for some Iranian oil imports in rupees). Whether Beijing has really lowered its aggregate imports of Iranian oil is unclear - but it clearly reduces them when the administration is deciding about six-month sanctions waivers for countries buying Iranian crude.  
  • However, as Congress enacts additional layers of secondary sanctions, President Obama's room to manoeuver is being progressively reduced. Therein lies the looming policy train wreck.  
  • If, at congressional insistence, the administration later this year demands that China sharply cut Iranian oil imports and that Chinese banks stop virtually any Iran-related transactions, Beijing will say no. If Washington retreats, the deterrent effect of secondary sanctions will erode rapidly. Iran's oil exports are rising again, largely from Chinese demand.
  • Once it becomes evident Washington won't seriously impose secondary sanctions, growth in Iranian oil shipments to China and other non-Western economies (for example, India and South Korea) will accelerate. Likewise, non-Western powers are central to Iran's quest for alternatives to US-dominated mechanisms for conducting and settling international transactions - a project that will also gain momentum after Washington's bluff is called.   Conversely, if Washington sanctions major Chinese banks and energy companies, Beijing will respond - at least by taking America to the WTO's Dispute Resolution Mechanism (where China will win), perhaps by retaliating against US companies in China. 
  • Chinese policymakers are increasingly concerned Washington is reneging on its part of the core bargain that grounded Sino-American rapprochement in the 1970s - to accept China's relative economic and political rise and not try to secure a hegemonic position in Asia.   Beijing is already less willing to work in the Security Council on a new (even watered-down) sanctions resolution and more willing to resist US initiatives that, in its view, challenge Chinese interests (witness China's vetoes of three US-backed resolutions on Syria).  In this context, Chinese leaders will not accept American high-handedness on Iran sanctions. At this point, Beijing has more ways to impose costs on America for violations of international economic law that impinge on Chinese interests than Washington has levers to coerce China's compliance.   As America's sanctions policy unravels, President Obama will have to decide whether to stay on a path of open-ended hostility toward Iran that ultimately leads to another US-initiated war in the Middle East, or develop a very different vision for America's Middle East strategy - a vision emphasising genuine diplomacy with Tehran, rooted in American acceptance of the Islamic Republic as a legitimate political order representing legitimate national interests and aimed at fundamentally realigning US-Iranian relations.  
  • Paul Merrell on 27 Feb 13
     
    Keep in mind that Iran has the military power to close the Straits of Hormuz, thereby sending the West into an economic depression as the world's oil supply  suddenly contracts. 
‹ Previous 21 - 40 of 92 Next › Last »
Showing 20▼ items per page