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"Date: 05-07-14 Host: George Noory Guests: Catherine Austin Fitts, Gerald Celente, George Ure, Robert Zimmerman This special panel discussion on the economy and related topics featured investment advisor Catherine Austin Fitts, trends analyst Gerald Celente, and consultant George Ure. Currently, the financial system is still being pumped with cheap money, such as $45 billion a month in mortgage-backed securities, and interest rates remain at record lows-- but once those interest rates go back up, the economy will tumble, said Celente. Fitts cited the continued inequality and centralization in the economy as hampering growth, while Ure noted that we're in the bottoming process with the Fed, which is trying to print money fast enough so we don't drop into something like the Great Depression. While the US continues its behind-closed-doors propping up of the economy, "I still believe we're going to see something like a panic level by the end of the second quarter," Celente remarked. America used to be the land of opportunity, but now the wealth is concentrated in the hands of the few, he added. Globalization is lowering the wealth of the middle class, and the reality is "we're automating or outsourcing jobs, and putting people on government checks," Fitts commented. Ure, who studies cyclical patterns of the economy or "long waves," said right now we're seeing a "war on cash," with a huge effort to get people into an electronic system, where all their transactions and investments can be tracked. The revelations by Edward Snowden about America's surveillance state has had a depressing effect on US economic growth, as well as inspiring other countries around the world to pull out of the system, Fitts suggested. "We live in a country where the system of creating money has basically been sublet from Congress to the Federal Reserve...and government is wholesale now, in the business of granting different franchises such as in communications and money operations," Ure detail

It ain't just Republicans. Note the central role played by Democrat Barack Obama. It's the War Party, which crosses visible party boundaries in the U.S. And of course Obama wants to beef up intelligence-gathering, And tighter security at airports, of course, so that the American public realizes that the threat of  terrorists™ trumps rights secured by the Constitution. 

Susan Rice is heartbroken about the carnage in Syria and this why the U.S> is ramping up its support for the Syrian and military opposition, otherwise known as "foreign jihadis." That logic is beyond twisted; it's illogical. A prevaricating politician. 

Election season in Turkey. But Erdogan's call for Zionism and Islamophobia to be classified as crimes against humanity is spot on the mark. 

Robert Parry takes a break from the nuts and bolts of U.S. foreign proxy wars, steps back, and provides a broader view of what is happening to the balance of power within the Obama administration, and sees the neocons as regaining lost influence.

Robert Parry lands another major scoop. But beware of government officials who leak government plans because they do not invariably speak the truth.  I am particularly wary of this report because Obama's planned arming and training of the "moderate Syrian opposition" was such a patent lie. The "moderate Syrian opposition" disappeared over two years ago as peaceful protesters were replaced by Saudi, Qatari, Turkish, and American-backed Salafist mercenaries took their place. Up until this article, there has been every appearance that the U.S. was about to become ISIL's Air Force in Syria. In other words, there has been a steady gushing of lies from the White House on fundamental issues of war and peace. In that light, I do not plan to accept this article as truth before I see much more confirmation that ISIL rather than the Assad government is the American target in Syria. We have a serial liar in the White House.

Ah, all that U.S. money spent retraining, re-equipping, and re-arming the Iraqi military after they fled from Mosul, leavinng their weapons behind for ISIL, instead of fighting, all for naught. A heads-up for Obama and Gen. Dempsey: Peace with Honor has never worked for the U.S. as a strategy for disengagement. Fess up thqt we lost the Iraq War and bring the troops home. Training the indigenous troops did not work in Viet Nam but over half of the 3 million plus deaths caused by that war happend during the Peace wqith Honor phase, when everyone there knew that the South Vietnamese Army would never be able to stand against the other side after we left. Obama's big mistake was going back in after once withdrawing. This is a situation the folks who live in the Mideast are going to have to work out without the U.S. 

More than understandable given the long history of the U.S. weaponizing NGOs in aid of its "color revolutions" strategy to overthrow governments in secular states and left-leaning democracies. The most recent examples are the successful U.S. coup in Ukraine and the thrice-failed coup attempts in Venezuela.  U.S. NGOs have been attempting to provoke such a coup in Russia for some time but have failed thus far because of Putin's immense popularity and a perhaps better-informed Russian public. The Russian people know they are under attack and have wisely closed ranks rather than falling for a divide-and-conquer strategy. Venezuela recently enacted similar legislation.  

Are worker-owned co-ops replacing unions as the method to ensure that workers share in business profits and productivity gains? The thought had occurred to me until now. But we buy most of our groceries from Winco, a worker-owned grocery chain because their prices are lowest, even lower than Walmart. And many of the forestry-related companies in our area are worker-owned co-ops. They have big competitive advantages for several reasons, not the least of which is that their bottom-up leadership is far smaller and less expensive than the leadership of a top-down stock corporation with comparable sales. No competition between the workers and upper managers/external stockholders for profit sharing. Far less turnover in workers; as owners the workers are more committed to the co-op and to staying with it. Are co-ops part of a shadow economy emerging from the ashes of the U.S. bankster-driven economy? And is there enough flexibility in U.S. law for a bottom-up shadow government to begin taking shape, based on contract law perhaps? No one could be forced to sign the contract, of course, but I see room for at least an alternate dispute resolution process to resolve disputes between contract parties. One based on mediation rather than arbitration, as the U.S. judicial system behaves. (The U.S. judicial system is beyond salvage, in my studied opinion.)  Food for thought. 

The U.S. propaganda effort is in full bloom in this article rife with "Red Menace" Cold War overtones: "'The secretary of defense (Leon Panetta) remains concerned about any efforts by external countries or external organizations to supply lethal arms to the Syrian regime so that they can turn around and use those to kill their own people,' Kirby said." Even as the U.S. has decided to now do openly rather than through its Saudi and Qatari proxies? More than 14,000 killed in Syria since the "uprising" began? The U.N. reported about a week ago that its tool stands at 93,000, up from its previous figure of 80,000. The U.N. numbers are undoubtedly understated. They only count the dead whose names are reported to avoid duplicate counting. The nameless are ignored. "[T]he Syrian uprising began in March 2011 with mostly peaceful protests ..." Syria has been on the Israeli/Neocon hit list for many years as part of Israel's empirical ambitions, which requires destabilizing and  balkanizing surrounding nations. But the Syrian ambitions came to the fore after U.S. deployments to Iraq, Afghanistan, and Libya wound down and Israel, Qatar, and Saudi Arabia decided they wished to exploit large natural gas deposits in Qatar and off the Israeli coast via a pipeline through Syria to connect with an existing pipeline supplying the E.U. with a terminus in Turkey, all at the expense of an existing Russian monopoly on natural gas sales in the E.U. To boot, Syria is the ally of Iran, which is also on the Israeli hit list.  "[T]he conflict is now an armed insurgency."  Vocabulary please? "An insurgency is an armed rebellion against a constituted authority (for example, an authority recognized as such by the United Nations) when those taking part in the rebellion are not recognized as belligerents." It's not a rebellion; it is a proxy war against Syria being waged mostly by foreign mercenaries and jihadists. An "insurgency" is a military rebellion by citizens of the nation being

Excellent summary of where ObamaCare sits today.  Obama has to convince millions of young, healthy "chumps" to pay massive amounts of their income into ObamaCare Exchanges if the greatest socialist redistribution plan ever conceived is to continue. "At the White House, health care implementation has become an obsession. Chief of Staff Denis McDonough spends two hours a day on Obamacare implementation, staffers said, and senior aides like Simas and Tara McGuinness, who joined the White House in April as a senior communications adviser, work on the issue nearly full-time. Hardly a week goes by without Obama finding some way to plug the effort as well. The reason: the law is increasingly unpopular. According to an NBC News-Wall Street Journal poll released earlier this month, 49% of Americans now believe the law is a bad idea, the highest percentage recorded, with only 37% saying it is a good thing. Many states have already opted out of key provisions to expand Medicaid. In Washington, Republicans continue to lay siege to the law; they have voted to repeal it 37 times in the U.S. House."

Glenn Greenwald strikes again with hard proof from NSA documents, dissecting procedures used throughout the intelligence establishment from the NSA to the President to Congress, casting severe doubt on what we have been told by those defending the NSA surveillance program. I have highlighted only a few points from this lengthy article. As to Greenwald's discussion of the FISA Court's weaknesses, he omitted one that I believe is incredibly, the lack of an adversarial system with a lawyer opposing what the government asks the Court to authorize. True, search warrants are normally issued in the U.S. with only the government represented in the process. But there is a crucial difference: once someone is charged with a crime, the warrant must be disclosed to the defendant who can ask the court to suppress all evidence unlawfully obtained not only through the warrant but also the fruits of any unlawfully obtained evidence, meaning subsequently discovered evidence that would not have been found absent the unlawfully obtained evidence. The same result can happen if the warrant is found to be invalid for any of a variety of reasons, or the officers exceeded the scope of the search authorized.  So in the normal search warrant process, the participation of an adversary attorney is only delayed; it is not virtually eliminated as it is in the FISA Court. Thus far, only those ordered to disclose records to the NSA have been granted standing to oppose disclosure, not those who have been surveilled. The entire U.S. judicial system is built around the principle of an adversarial process. Judges are expected to be neutral arbiters between two or more sides to a dispute. We do not have an inquisitorial system, as is used for example in some European nations, where the judge is also the investigator. The FISA court is presently composed of 11 federal district court judges who also preside over normal cases in their individual districts. Steeped in the adversarial system and th

I suspect this is a bit overdone; it's from the Times of Israel. Other reporting says that a deal has already been struck; Israel gets advanced U.S. weaponry and even greater foreign aid; Israel and its allies put up only token resistance in Congress.