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Paul Merrell

Paul Craig Roberts: Our Collapsing Economy and Currency - 0 views

www.informationclearinghouse.info/article33198.htm

war & peace economy currency financial-collapse

shared by Paul Merrell on 04 Dec 12 - No Cached
  • Is the “fiscal cliff” real or just another hoax? The answer is that the fiscal cliff is real, but it is a result, not a cause. The hoax is the way the fiscal cliff is being used. The fiscal cliff is the result of the inability to close the federal budget deficit. The budget deficit cannot be closed because large numbers of US middle class jobs and the GDP and tax base associated with them have been moved offshore, thus reducing federal revenues. The fiscal cliff cannot be closed because of the unfunded liabilities of eleven years of US-initiated wars against a half dozen Muslim countries--wars that have benefitted only the profits of the military/security complex and the territorial ambitions of Israel. The budget deficit cannot be closed, because economic policy is focused only on saving banks that wrongful financial deregulation allowed to speculate, to merge, and to become too big to fail, thus requiring public subsidies that vastly dwarf the totality of US welfare spending.
  • The real crisis facing the US is the impending collapse of the US dollar’s foreign exchange value. The US dollar’s value in relation to silver and gold has already collapsed. In the past ten years, gold’s price in US dollars has increased from $250 per ounce to $1,750 per ounce, an increase of $1,500. Silver’s price has risen from $4 per ounce to $34 per ounce. These price rises are not due to a sudden scarcity of gold and silver, but to a flight from the dollar into the two forms of historical money that cannot be created with the printing press.
  • What can be done? For a number of years I have pointed out that the problem is the loss of US employment, consumer income, GDP, and tax base to offshoring. The solution is to reverse the outward flow of jobs and to bring them back to the US. This can be done, as Ralph Gomory has made clear, by taxing corporations according to where they add value to their product. If the value is added abroad, corporations would have a high tax rate. If they add value domestically with US labor, they would face a low tax rate. The difference in tax rates can be calculated to offset the benefit of the lower cost of foreign labor. As all offshored production that is brought to the US to be marketed to Americans counts as imports, relocating the production in the US would decrease the trade deficit, thus strengthening belief in the dollar. The increase in US consumer incomes would raise tax revenues, thus lowering the budget deficit. It is a win-win solution.
  • ...2 more annotations...
  • The second part to the solution is to end the expensive unfunded wars that have ruined the federal budget for the past 11 years as well as future budgets due to the cost of veterans’ hospital care and benefits. According to ABC World News, “In the decade since the Sept. 11, 2001 terrorist attacks on the World Trade Center, 2,333,972 American military personnel have been deployed to Iraq, Afghanistan or both, as of Aug. 30, 2011 [more than a year ago].” These 2.3 million veterans have rights to various unfunded benefits including life-long health care. Already, according to ABC, 711,986 have used Veterans Administration health care between fiscal year 2002 and the third-quarter of fiscal year 2011. http://abcnews.go.com/Politics/us-veterans-numbers/story?id=14928136#1 The Republicans are determined to continue the gratuitous wars and to make the 99 percent pay for the neoconservatives’ Wars of Hegemony while protecting the 1 percent from tax increases. The Democrats are little different.
  • No one in the White House and no more than one dozen members of the 535 member US Congress represents the American people. This is the reason that despite obvious remedies nothing can be done. America is going to crash big time. And the rest of the world will be thankful. America along with Israel is the world’s most hated country. Don’t expect any foreign bailouts of the failed “superpower.”
Paul Merrell

Argo's Oscar Win -- Hollywood's 'Coming Out' - 0 views

www.informationclearinghouse.info/article34105.htm

war & peace pro-war propaganda obama Hollywood

shared by Paul Merrell on 28 Feb 13 - No Cached
  • Foreign policy observers have long known that Hollywood reflects and promotes U.S. policies (in turn, is determined by Israel and its supporters). This fact was made public when Michel Obama announced an Oscar win for “Argo” – a highly propagandist, anti-Iran film. Amidst the glitter and excitement, Hollywood and White House reveal their pact and send out their message in time for the upcoming talks surrounding Iran’s nuclear program due to be held tomorrow - February 26th.
Paul Merrell

Asia Times Online :: Digital Blackwater rules - 0 views

www.atimes.com/...WOR-03-110613.html

surveillance state digital surveillance Snowden extradition

shared by Paul Merrell on 12 Jun 13 - No Cached
  • But when it comes to how a 29-year old IT wizard with little formal education has been able to access a batch of ultra-sensitive secrets of the US intelligence-national security complex, that's a no-brainer; it's all about the gung-ho privatization of spying - referred to by a mountain of euphemisms of the "contractor reliance" kind. In fact the bulk of the hardware and software used by the dizzying network of 16 US intelligence agencies is privatized. A Washington Post investigation found out that US homeland security, counter-terror and spy agencies do business with over 1,900 companies. [2] An obvious consequence of this contractor tsunami - hordes of "knowledge" high-tech proletarians in taupe cubicles - is their indiscriminate access to ultra-sensitive security. A systems administrator like Snowden can have access to practically everything.
  • So then we may have a case of Hong Kong and Beijing having to reach an agreement. Yet even if they decided to extradite Snowden, he could argue in court this was "an offence of a political character". The bottom line - this could drag on for years. And it's too early to tell how Beijing would play it for maximum leverage. A "win-win" situation from a Chinese point of view would be to balance its commitment to absolute non-interference in foreign domestic affairs, its desire not to rock the fragile bilateral relation boat, but also what non-pivoting move the US government would offer in return.
  • Since 1996, before the British handover to China, an extradition treaty applies between the tiger and the wolf. [4] The US Department of Justice is already surveying its options. It's important to remember that the Hong Kong judicial system is independent from China's - according to the Deng Xiaoping-conceptualized "one country, two systems". As much as Washington may go for extraditing Snowden, he may also apply for political asylum. In both cases he may stay in Hong Kong for months, in fact years. The Hong Kong government cannot extradite anyone claiming he will be persecuted in his country of origin. And crucially, article 6 of the treaty stipulates, "a fugitive offender shall not be surrendered if the offence of which that person is accused or was convicted is an offence of a political character." Another clause stipulates that a fugitive shall not be surrendered if that implicates "the defense, foreign affairs or essential public interest or policy" of - guess who - the People's Republic of China.
  • ...1 more annotation...
  • What he stressed is how they all work under a false premise; "If a surveillance program produces information of value, it legitimizes it ... In one step, we've managed to justify the operation of the Panopticon". Oh yes, make no mistake; Snowden has carefully read his Michel Foucault (he also stressed his revulsion facing "the capabilities of this architecture of oppression"). Foucault's deconstruction of the Panopticon's architecture is now a classic (see it here in an excerpt of his 1975 masterpiece Discipline and Punish). The Panopticon was the ultimate surveillance system, designed by utilitarian philosopher Jeremy Bentham in the 18th century. The Panopticon - a tower surrounded by cells, a pre-Orwellian example of "architecture of oppression" - was not originally conceived for the surveillance of a prison, but of a factory crammed with landless peasants on forced labor. Oh, but those were rudimentary proto-capitalist days. Welcome to the (savagely privatized) future, where the NSA black hole, "Digital Blackwater", lords over all as the ultimate Panopticon.
Gary Edwards

The Daily Bell - Richard Ebeling on Higher Interest Rates, Collectivism and the Coming ... - 0 views

www.thedailybell.com/...tivism-and-the-Coming-Collapse

Richard-Ebeling The-Daily-Bell Austrian-Economics Liberty-Tryanny

shared by Gary Edwards on 17 Jun 13 - No Cached
  • The "larger dysfunction," as you express it, arises out of a number of factors. The primary one, in my view, is a philosophical and psychological schizophrenia among the American people.
  • While many on "the left" ridicule the idea, there is a strong case for the idea of "American exceptionalism," meaning that the United States stands out as something unique, different and special among the nations of the world.
  • the American Founding Fathers constructed a political system in the United States based on a concept on which no other country was consciously founded:
  • ...95 more annotations...
  • But the American Revolution and the US Constitution hailed a different conception of man, society and government.
  • n the rest of the world, and for all of human history, the presumption has been that the individual was a slave or a subject to a higher authority. It might be the tribal chief; or the "divinely ordained" monarch who presumed to rule over and control people in the name of God; or, especially after the French Revolution and the rise of modern socialism, "the nation" or "the people" who laid claim to the life and work of the individual.
  • the idea of individual rights.
  • That is, as long as the individual did not violate the equal rights of others to their life, liberty and property, each person was free to shape and guide his own future, and give meaning and value to his own life as he considered best in the pursuit of that happiness that was considered the purpose and goal of each man during his sojourn on this Earth.
  • Governments did not exist to give or bestow "rights" or "privileges" at its own discretion.
  • Governments were to secure and protect each individual's rights, which he possessed by "the nature of things."
  • The individual was presumed to own himself. He was "sovereign."
  • The real and fundamental notion of "self-government" referred to the right of each individual to rule over himself.
  • Each individual, by his nature and his reason, had a right to his life, his liberty and his honestly acquired property.
  • during the first 150 years of America's history there was virtually no Welfare State and relatively few government regulations, controls and restrictions on the choices and actions of the free citizen.
  • But for more than a century, now, an opposing conception of man, society and government has increasingly gained a hold over the ideas and attitudes of people in the US.
  • It was "imported" from Europe in the form of modern collectivism.
  • The individual was expected to see himself as belonging to something "greater" than himself. He was to sacrifice for "great national causes."
  • He was told that if life had not provided all that he desired or hoped for, it was because others had "exploited" him in some economic or social manner, and that government would redress the "injustice" through redistribution of wealth or regulation of the marketplace.
  • If he had had financial and material success, the individual should feel guilty and embarrassed by it, because, surely, if some had noticeably more, it could only be because others had been forced to live with noticeably less.
  • left on its own, free competition tends to evolve into harmful monopolies and oligopolies, with the wealthy "few" benefiting at the expense of the "many."
  • They are the crises of the Interventionist-Welfare State: the attempt to impose reactionary collectivist policies of political paternalism and redistributive plunder on a society still possessing parts of its original individualist and rights-based roots.
  • it is in the form of communism's and socialism's critique of capitalism.
  • Unregulated capitalism leads to "unearned" and "excessive" profits; unbridled markets generate the business cycle and the hardships of recessions and depressions;
  • These two conflicting conceptions of man, society and government have been and are at war here in the United States.
  • And if it cannot be gotten and guaranteed through the redistributive mechanisms of the European Union and the euro, well, maybe we should return power to our own nation-states to provide the jobs, the social "safety nets" and the financial means to pay for it through, once again, printing our own national paper currencies.
  • This is the political-philosophical bankruptcy of the West and the dead ends of the collectivist promises of the last 100 years.
  • Ludwig von Mises's book, Socialism: An Economic and Sociological Analysis, originally published in 1922, demonstrated how and why a socialist, centrally planned system was inherently unworkable.
  • The nationalization of productive property, the abolition of markets and the prohibition of all competitive exchange among the members of society would prevent the emergence and operation of a price system, without which it is impossible to know people's demands for desired goods and the relative value they place on them.
  • It also prevents the emergence of prices for the factors of production (land, labor, capital) and makes it impossible to know their opportunity costs – the value of those factors of production in alternative competing uses among entrepreneurs desiring to employ them.
  • Without such a price system the central planners are flying blind, unable to rationally know or decide how best to utilize labor, capital and resources in productively efficient ways to make the goods and services most highly valued by the consuming public.
  • Thus, Mises concluded, comprehensive socialist central planning would lead to "planned chaos."
  • And, therefore, there is no guarantee that the amount of investments undertaken and their time horizons are compatible with the available resources not also being demanded and used for more immediate consumer goods production in the society.
  • As a consequence, financial markets do not work like real markets.
  • Thus, the interventionist state leads to waste, inefficiency and misuses of resources that lower the standards of living that we all, otherwise, could have enjoyed.
  • We cannot be sure what the amount of real savings may be in the society to support real and sustainable investment and capital formation.
  • Government intervention prevents prices from "telling the truth" about the real supply and demand conditions thus leading to imbalances and distortions in the market.
  • We cannot know what the "real cost" of borrowing should be, since interest rates are not determined by actual, private sector savings and investment decisions.
  • Government production regulations, controls, restrictions and prohibitions prevent entrepreneurs from using their knowledge, ability and capital in ways that most effectively produce the goods consumers actually want and at the most cost-competitive prices possible.
  • This is why countries around the world periodically experience booms and busts, inflations and recessions − not because of some inherent instabilities or "irrationalities" in financial markets, but because of monetary central planning through central banking that does not allow market-based financial intermediation to develop and work as it could and would in a real free-market setting.
  • But in the United States and especially in Europe, government "austerity" means merely temporarily reducing the rate of increase in government spending, slowing down the rate at which new debt is accumulating and significantly raising taxes in an attempt to close the deficit gap.
  • The fundamental problem is that over the decades, the size and scope of governments in the Western world have been growing far more than the rates at which their economies have been expanding, so that the "slice" of the national economic "pie" eaten by government has been growing larger and larger, even when the "pie" in absolute terms is bigger than it was, say, 30 or 40 years ago.
  • European governments, in general, take the view that "austerity" means squeezing the private sector more through taxes and other revenue sources to avoid any noticeable and significant cuts in what government does and spends.
  • So there is "austerity" for the private sector and a mad rush for financial "safety nets" for the government and those who live off the State.
  • In reality, of course, it is the burdens of government regulation, taxation and impediments to more flexible labor and related markets that have generated the high unemployment rates and the retarded recovery from the recession.
  • Instead, the "common market" ideal has been transformed into the goal of a European Union "Super-State" to which the individual countries and their citizens would be subservient and obedient.
  • Keynesian policies offer people and politicians what they want to hear. Claiming that any sluggish business or lost jobs are due to a lack of "aggregate demand," Keynes argued that full employment and profitable business could only be reestablished and maintained through "activist" government monetary and fiscal policy – print money and run budget deficits.
  • What Britain and Europe should have as its goal is the ideal of the classical liberal free traders of the 19th century – non-intervention by governments in people's lives, at home and abroad. That is, a de-politicization of society, so people may freely work, trade and travel as they peacefully wish, with government merely the protector of people's individual rights.
  • Take the benefits away and tell people they are free to come and work to support themselves and their families. Restore more flexibility and competitiveness to labor markets and reduce taxes and business regulations.
  • Then those who come to Britain's shores will be those wanting freedom and opportunity without being a burden upon others.
  • What was needed was a change in ideas from the statist mentality to one of individual freedom and unhampered free markets.
  • In an epoch of collectivist ideas, don't be surprised if governments regulate, control, intervene and redistribute wealth.
  • The tentacle of regulations, restrictions and politically-correct social controls are spreading out in every direction from Brussels and its European-wide manipulating and mismanaging bureaucracy.
  • In the name of assuring "national prosperity," politicians could spend money to buy the votes that get them elected and reelected to government offices.
  • And every special interest group could make the case that government-spending programs that benefitted them were all reasonable and necessary to assure a fully employed and growing economy.
  • Furthermore, the Keynesian rationale for government deficit spending enabled politicians to seem to be able to offer something for nothing. They could offer, say, $100 of government spending to voters and special interest groups but the tax burden imposed in the present might only be $75, since the remainder of the money to pay for that government spending was borrowed. And that borrowed money would not have to be repaid until some indefinite time in the future by unspecific taxpayers when that "tomorrow" finally arrived.
  • instability
  • Keynes argued that the market economy's inherent
  • arose from the
  • who were subject to irrational and unpredictable waves of "optimism" and "pessimism."
  • animal spirits" of businessmen
  • Mises argued that there was nothing inherent in the market economy to bring about these swings of economic booms followed by periods of depression and unemployment.
  • If markets got out of balance with the necessity of an eventual correction in the economy to, once again, set things right, the source of this instability was government monetary policy.
  • Central banks too often followed a policy of trying to create "good times" in the economy by expanding the money supply through the banking system.
  • With new, excess funds created by the central bank available for lending, banks lower rates of interest to attract borrowers.
  • But this throws savings and investment out of balance, since the rate of interest no longer serves as a reliable indicator and signal concerning the availability of real savings in the economy in relation to those wanting to borrow funds for various investment purposes.
  • The economic crisis comes when it is discovered that all the claims on resources, capital and labor for all the attempted consumption and investment activities in the economy are greater than the actual and available amounts of such scarce resources.
  • The recession period, in Mises's view, is the necessary "correction" period when in the post-boom era, people must adapt and adjust to the newly discovered "real" supply and demand conditions in the market.
  • Any interference with the "rebalancing" of the economy by government raising taxes, imposing more regulations, or new artificial government "stimulus" activities merely makes it more difficult and time-consuming for people in the private sector to get the economy back on an even keel.
  • Friedrich A. Hayek, once observed, unemployment is not "caused" by stopping an inflation, but rather inflation induces the artificial employments that cannot be sustained and which inevitably disappear once the inflation is reined in.
  • The recession of 2008-2009 was the result of several years of central bank stimulus.
  • From 2003 to 2008, the Federal Reserve increased the money supply by about 50 percent.
  • Interest rates for much of this time, when adjusted for inflation, were either zero or negative.
  • Awash in cash, banks extended loans to virtually anyone, with no serious and usual concern about the borrower's credit-worthiness.
  • This was most notably true in the housing market, where government agencies like Fannie May and Freddie Mac were pressuring banks to make mortgage loans by promising a guarantee that they would make good on any bad home loans.
  • Since 2008-2009, the Federal Reserve has, again, turned on the monetary spigot, increasing its own portfolio by almost $3 trillion, by buying US Treasuries, US mortgages and other assets.
  • So why has there not been a complementary explosion of price inflation?
  • In some areas there has been, most clearly in the stock market and the bond market, But the reason why all that newly created money has not brought about a higher price inflation is due to the fact that a large part of all newly created money is sitting as unlent reserves in banks.
  • This is because the Federal Reserve has been paying banks a rate of interest slightly above the market interest rates to induce banks not to lend.
  • (a) general "regime uncertainty," that is, no one knows what government policy will be tomorrow; will ObamaCare be fully implemented after January 2014?;
  • Among the reasons for the sluggish jobs growth in the US are:
  • (b) what will taxes be for the rest of the current president's term in the White House
  • (c) what will the regulatory environment be like for the next three years – in 2012, the government implemented around 80,000 pages of regulations as printed in the Federal Registry;
  • (d) how will the deficit and debt problems play out between Congress and the White House and will it threaten the general financial situation in the country; an
  • (e) what wars, if any, will the government find itself involved in, in places like the Middle East?
  • China
  • is still a controlled and commanded society, with a government that works hard to try to determine what people read, see and think.
  • All these building projects have been brought into existence by a government that not only controls the money supply and manipulates interest rates but also heavy-handedly tells banks whom to specifically loan to and for what investment activities.
  • Central planning is alive and well in China, with the motives being both power and profits for those inside and outside the Communist Party having the most influence and connections in "high" places.
  • In my opinion, China is heading for a great economic crisis, resulting from a highly imbalanced and distorted economic system still guided far more by politics than sound market decision-making.
  • global financial markets in any foreseeable future. It is a money that still primarily exists to serve the political purposes of those who sit in the "inner circles" of power in Beijing.
  • One hundred years ago, in 1913, how many could have predicted that a year later a European-wide war would break out that would lead to the destruction of great European empires and set the stage for the rise of totalitarian collectivism that resulted in an even worse global war two decades later?
  • Thus, whether, at the end of the day, freedom triumphs and the future is one of liberty and prosperity is partly on each one of us.
  • Near the end of his great book, Socialism, Ludwig von Mises said:
  • "Everyone carries a part of society on his shoulders; no one is relieved of his share of responsibility by others. And no one can find a safe way out for himself if society is sweeping towards destruction. Therefore, everyone, in his own interest, must thrust himself vigorously into the intellectual battle. None can stand aside with unconcern; the interests of everyone hang on the result. Whether he chooses or not, every man is drawn into the great historical struggle, the decisive battle into which our epoch has plunged us . . . Whether society shall continue to evolve or where it shall decay lies . . . in the hands of man."
  • In my view, the idea of a "soft landing" is an illusion based on the idea held by central bankers, themselves, that they have the wisdom and ability to know how to "micro-manage" the all the changes and adjustments resulting from their own manipulations of the monetary aggregates. They do not have this wisdom and ability. So hold on for what is most likely to be another rocky road.
  • It was Mises's clear vision that once society has broken the relationship between value and payment, sooner or later people would not know the price of anything.
  • At this point, investment ceases and business becomes furtive and transactional.
  • People cannot plan for the future because they do not understand the reality of the present.
  • Society begins to sink.
  • Gary Edwards on 17 Jun 13
     
    Incredible.  A simple explanation that explains everything.  Rchard Ebeling's "Unified Theory of Everything" is something every American can understand.  If only they would take a break from "Dancing with the Stars" and pay attention to the future of their country and the world.  It's a future where either "individual freedom", as defined by our Constitution and Declaration of Independence, will win out; or, the forces of fascist socialism / marxism will continue to roll and rule.  Incredible read!!!!
Paul Merrell

Ron Paul on Obama's Syria WMD Claim - 0 views

www.informationclearinghouse.info/article35292.htm

war & peace syria ron paul

shared by Paul Merrell on 15 Jun 13 - No Cached
  • "People say, we have to do it because this is what Israel wants." - "The Neocons are winning this battle here at home and they're controlling our foreign policy"
  • "People say, we have to do it because this is what Israel wants." - "The Neocons are winning this battle here at home and they're controlling our foreign policy"
Paul Merrell

Feds May Have To Reveal FISA Phone Records In Murder Case | Techdirt - 0 views

www.techdirt.com/...hone-records-murder-case.shtml

surveillance state NSA criminal discovery

shared by Paul Merrell on 14 Jun 13 - No Cached
  • There's been a lot of focus elsewhere concerning the FISA rulings that were leaked, showing that the government is scooping up the details of pretty much every phone call. However, a case concerning some guys who were trying to rob an armored truck may lead to some interesting revelations related to what the government collects. Daryl Davis, Hasam Williams, Terrance Brown, Toriano Johnson, and Joseph K. Simmons were charged with trying to rob a bunch of armored Brink's trucks, in which one of the robberies went wrong and a Brink's employee was shot and killed. As part of the case against the group, the DOJ obtained call records. However, during discovery, the government refused to hand over call records for July of 2010, claiming that when they sought them from the telco, the DOJ was told that those records had been purged. Terrance Brown's lawyer is now claiming that since it appears the NSA has sucked up all of this data for quite some time, it would appear that the government should, in fact, already have the phone records from July 2010, which he argues would show that he was nowhere near the robbery when it happened. Defendant Brown urges that the records are important to his defense because cell-site records could be used to show that Brown was not in the vicinity of the attempted robbery that allegedly occurred in July 2010. And, relying on a June 5, 2013, Guardian newspaper article that published a FISA Court order relating to cellular telephone data collected by Verizon,1 Defendant Brown now suggests that the Government likely actually does possess the metadata relating to telephone calls made in July 2010 from the two numbers attributed to Defendant Brown.
  • The court agrees that, under the law, the government may need to produce those records. Here, Defendant asserts that, under Brady v. Maryland, 373 U.S. 83 (1963), due process requires the production of the July 2010 telephone records because they are anticipated to be exculpatory in that they are expected to show that Defendant Brown was not physically located at the scene of the alleged attempted Brink’s truck robbery in July 2010. In view of Defendant Brown’s Motion and the requirements of FISA, it is hereby ORDERED and ADJUDGED that the Government shall respond to Defendant Brown’s Motion and, if desired, shall file an affidavit of the Attorney General of the United States. That order was actually issued Monday, only giving the government until yesterday to comply. At the time of posting, the government's reply has not yet shown up in PACER, though it may pop up soon. I'm guessing that they'll try to either get some sort of extension or explain why those records are somehow inaccessible -- but it could get interesting.
  • Paul Merrell on 14 Jun 13
     
    This is definitely one to watch. The Court's order is short but definitely enlightening. The defendant's trial is already under way, so the Court set a very short response time, and required the Feds to concurrently file the affidavit of the Attorney General if the Feds want to claim that disclosure would harm national security. She has also ordered that the Feds concurrently explain any belief that thre information was lawfully gathered, citing some specific portions of the FISA Act that are at the heart of the government's claim of right to compel telcos to disclose the information to the Feds.    Then the court decides whether the Feds must produce the records anyway. Tough position for the government because it would be extremely difficult to argue that the phone call metadata itself is classified, since they are by law "business records" of a private party, the telco.  And this sets the stage for a flood of habeas corpus petitions by persons already convicted seeking new trials with NSA surveillance records disclosed. Easiest way out for the Feds is to claim that the records do not exist, but someone will have to sign a statement under penalty of perjury file to that effect.  If the Court orders disclosure, the Feds have a right of immediate appeal. So this one could win up in the Supreme Court very quickly (days, not months). Reading the Court's order, the judge seems predisposed to order production of the records. So stay tuned to this channel. I'm reminded that about a week ago, an MSNBC reporter blogged that he didn't think that the PRISM story "has legs" that will keep it in the news very long. He was wrong. 
Gary Edwards

Oliver Stone : 'US has become an Orwellian state' - RT - 0 views

rt.com/...oliver-stone-us-orwellian-022

Oliver-Stone Globalists Banksters TV-Series

shared by Gary Edwards on 29 Dec 12 - No Cached
  • Gary Edwards on 29 Dec 12
     
    Interview with Oliver Stone and author Peter Kuznick.  They answer questions related to Oliver Stone's "Show Time" television series, "The Untold History of the United States".  Good stuff - essential information for anyone seeking to understand why the US Constitution and the principles of individual liberty as defined in the Declaration of Independence are being disregarded and discarded by the ruling elites.  The final stages of the New World Feudalism, er "Order", are now unfolding.  Right before our eyes.  And we seem helpless bystanders as the Globalist cabal of banksters, corporatists and ruling elites make their final assault on the world's last best hope for individual liberty. "Americans are living in an Orwellian state argue Academy Award-winning director Oliver Stone and historian Peter Kuznick, as they sit down with RT to discuss US foreign policy and the Obama administration's disregard for the rule of law. Both argue that Obama is a wolf in sheep's clothing and that people have forgiven him a lot because of the "nightmare of the Bush presidency that preceded him." "He has taken all the Bush changes he basically put them into the establishment, he has codified them," Stone told RT. "It is an Orwellian state. It might not be oppressive on the surface, but there is no place to hide. Some part of you is going to end up in the database somewhere." According to Kuznick, American citizens live in a fish tank where their government intercepts more than 1.7 billion messages a day. "That is email, telephone calls, other forms of communication." RT's Abby Martin in the program Breaking the Set discusses the Showtime film series and book titled The Untold History of the United States co-authored by Oliver Stone and Peter Kuznick. "Obama was a great hope for change""
Gary Edwards

BENGHAZI - THE BIGGEST COVER-UP SCANDAL IN U.S. HISTORY? - WAS BENGHAZI A CIA GUN-RUNNI... - 0 views

www.libertynews.com/...r-insurgents-fighting-in-syria

Benghazi Benghazigate Benghazi-coverup

shared by Gary Edwards on 09 May 13 - No Cached
  • Gary Edwards on 09 May 13
     
    "LibertyNEWS.com - Editorial Team Special Report It's never fun to admit you've been lied to and duped. There is no comfort in realizing a high-level group in government has conned you. The wound created from such a realization would be deep and painful when paired with extraordinary insult when you realize the cons are people you not only trusted, but people who are tasked with protecting your rights, your liberty, your life. When these people betray you, you're in trouble - big trouble. Unfortunately, we believe America is being betrayed by powerful individuals tasked with our protection. These people are found in the White House, the Congress, the CIA and other government entities - and they're lying to you. Then they're covering it up on an epic scale, in a never-before-seen manner. Here are the basics of what the schemers in government and the complicit media would like for us all to focus on and buy into: Why wasn't there better security at the consulate (keep this misleading word in mind) in Benghazi? Why didn't authorization come to move special forces in for protection and rescue? Why was an obscure video blamed when everyone knew the video had nothing to do with it? Did Obama's administration cover-up the true nature of the attacks to win an election? Truth is, as we're starting to believe, the above questions are convenient, tactical distractions. And truth is, answers to these questions, if they ever come, will never lead to revelations of the REAL TRUTH and meaningful punishment of anyone found responsible. Rep. Darrell Issa knows this, members of the House Committee investigating the Benghazi attacks know this, the White House knows this, and much of the big corporate media infrastructure knows it, too. How do they know it? Because they know the truth. They know the truth, but cannot and/or will not discuss it in public. Here are the basics that we (America, in general) should be focusing on, but aren't: Why do media
Paul Merrell

Iceland Wins Major Case Over Failed Bank - NYTimes.com - 0 views

dealbook.nytimes.com/...ns-major-case-over-failed-bank

Iceland banksters E.U. law

shared by Paul Merrell on 29 Jan 13 - No Cached
  • Iceland won a landmark case at a European court, ending an acrimonious legacy from the collapse of its banking system more than four years ago.On Monday, the court upheld the country’s refusal to promptly cover the losses of British and Dutch depositors who put more than $10 billion in Icesave, the bankrupt online offshoot of a failed Icelandic bank.In a judgment issued in Luxembourg, the court of the European Free Trade Association, orE.F.T.A., cleared Iceland of complaints that it violated rules governing the protection of depositors drawn up by the European Union. While Iceland is not a member of the union, it is bound by most of its rules as a member of E.F.T.A.
  • The case has attracted widespread attention because it touches on issues of cross-border banking that have been at the center of the European Union’s efforts to ensure the future stability of the region’s financial system. The Iceland banking collapse in 2008 — and the mayhem it caused far beyond the country’s borders — raised issues directly relevant to the 27-nation European Union.Monday’s court ruling in Luxembourg is a significant victory for Iceland. Unlike Ireland, Iceland declined to use taxpayer money to bail out foreign bondholders and depositors. This set off a bitter dispute with Britain, which used antiterrorism rules to take control of assets held in Britain by Icesave’s parent, Landsbanki.
  • In an interview this month with British television, Iceland’s president, Olafur Ragnar Grimsson, denounced the British government’s approach of using antiterrorist rules to seize Icelandic assets. “We were there together with Al Qaeda and the Taliban on that list,” he said. “We have not forgotten that in Iceland.”
Gary Edwards

Rand Paul's Tea Party Response: Full Text - 0 views

www.newsmax.com/...490118

Rand-Paul Libertarian USA-Constitution

shared by Gary Edwards on 13 Feb 13 - No Cached
  • With my five-year budget, millions of jobs would be created by cutting the corporate income tax in half, by creating a flat personal income tax of 17%, and by cutting the regulations that are strangling American businesses.
  • America has much greatness left in her. We will begin to thrive again when we begin to believe in ourselves again, when we regain our respect for our founding documents, when we balance our budget, when we understand that capitalism and free markets and free individuals are what creates our nation’s prosperity.
  • Gary Edwards on 13 Feb 13
     
    Outstanding statement about what made America great, an dhow are government is destroying that greatness.  This is the full Text of Sen. Rand Paul's Tea Party Response to Obama's State of the Union Address: I speak to you tonight from Washington, D.C. The state of our economy is tenuous but our people remain the greatest example of freedom and prosperity the world has ever known. People say America is exceptional. I agree, but it's not the complexion of our skin or the twists in our DNA that make us unique. America is exceptional because we were founded upon the notion that everyone should be free to pursue life, liberty, and happiness. For the first time in history, men and women were guaranteed a chance to succeed based NOT on who your parents were but on your own initiative and desire to work. We are in danger, though, of forgetting what made us great. The President seems to think the country can continue to borrow $50,000 per second. The President believes that we should just squeeze more money out of those who are working. The path we are on is not sustainable, but few in Congress or in this Administration seem to recognize that their actions are endangering the prosperity of this great nation. Ronald Reagan said, government is not the answer to the problem, government is the problem. Tonight, the President told the nation he disagrees. President Obama believes government is the solution: More government, more taxes, more debt. What the President fails to grasp is that the American system that rewards hard work is what made America so prosperous. What America needs is not Robin Hood but Adam Smith. In the year we won our independence, Adam Smith described what creates the Wealth of Nations. He described a limited government that largely did not interfere with individuals and their pursuit of happiness. All that we are, all that we wish to be is now threatened by the notion that you can have something for nothing, that you can have your cake and ea
Gary Edwards

Stasi in the White House - Paul Craig Roberts - 0 views

www.thedailybell.com/...berts-Stasi-in-the-White-House

Paul-Craig-Roberts End-of-America Obammunism Stassi ruling-class-elites

shared by Gary Edwards on 25 Jun 13 - No Cached
  • On June 19, 2013, US President Obama, hoping to raise himself above the developing National Security Agency (NSA) spy scandals, sought to associate himself with two iconic speeches made at the Brandenburg Gate in Berlin. Fifty years ago, President John F. Kennedy pledged: "Ich bin ein Berliner." In 1987, President Ronald Reagan challenged: "Mr. Gorbachev, tear down this wall." Obama's speech was delivered to a relatively small, specially selected audience of invitees. Even so, Obama spoke from behind bullet proof glass.
  • Obama's speech will go down in history as the most hypocritical of all time. Little wonder that the audience was there by invitation only. A real audience would have hooted Obama out of Berlin.
  • Obama spoke lofty words of peace, while beating the drums of war in Syria and Iran. Witness Obama's aggressive policies of surrounding Russia with missile bases and establishing new military bases in the Pacific Ocean with which to confront China.
  • ...16 more annotations...
  • This is the same Obama who promised to close the Guantanamo Torture Prison, but did not; the same Obama who promised to tell us the purpose for Washington's decade-long war in Afghanistan, but did not; the same Obama who promised to end the wars, but started new ones; the same Obama who said he stood for the US Constitution, but shredded it; the same Obama who refused to hold the Bush regime accountable for its crimes against law and humanity; the same Obama who unleashed drones against civilian populations in Afghanistan, Pakistan and Yemen; the same Obama who claimed and exercised power to murder US citizens without due process and who continues the Bush regime's unconstitutional practice of violating habeas corpus and detaining US citizens indefinitely; the same Obama who promised transparency but runs the most secretive government in US history.
  • The tyrant's speech of spectacular hypocrisy elicited from the invited audience applause on 36 occasions.
  • Here was Obama, who consistently lies, speaking of "eternal truth."
  • Here was Obama, who enabled Wall Street to rob the American and European peoples and who destroyed Americans' civil liberties and the lives of vast numbers of Iraqis, Afghans, Yemenis, Libyans, Pakistanis, Syrians − and others, speaking of "the yearnings of justice."
  • Obama equates demands for justice with "terrorism."
  • Here was Obama, who has constructed an international spy network and a domestic police state, speaking of "the yearnings for freedom."
  • Here was Obama, president of a country that has initiated wars or military action against six countries since 2001 and has three more Muslim countries − Syria, Lebanon, and Iran − in its crosshairs and perhaps several more in Africa, speaking of "the yearnings of peace that burns in the human heart," but clearly not in Obama's heart.
  • Obama has turned America into a surveillance state that has far more in common with Stasi East Germany than with the America of the Kennedy and Reagan eras. Strange, isn't it, that freedom was gained in East Germany and lost in America?
  • At the Brandenburg Gate, Obama invoked the pledge of nations to "a Universal Declaration of Human Rights," but Obama continues to violate human rights both at home and abroad.
  • Obama has taken hypocrisy to new heights. He has destroyed US civil liberties guaranteed by the Constitution.
  • In place of a government accountable to law, he has turned law into a weapon in the hands of the government.
  • He has intimidated a free press and prosecutes whistleblowers who reveal his government's crimes. He makes no objection when American police brutalize peacefully protesting citizens.
  • Obama kept Bradley Manning in solitary confinement for nearly a year assaulting his human dignity in an effort to break him and obtain a false confession. In defiance of the US Constitution, Obama denied Manning a trial for three year
  • Obama sends in drones or assassins to murder people in countries with which the US is not at war, and his victims on most occasions turn out to be women, children, farmers and village elders.
  • His government intercepts and stores in National Security Agency computers every communication of every American and also the private communications of Europeans and Canadians, including the communications of the members of the governments, the better to blackmail those with secrets.
  • On Obama's instructions, London denies Julian Assange free passage to his political asylum in Ecuador. Assange has become a modern-day Cardinal Mindszenty.
  • Gary Edwards on 25 Jun 13
     
    Wow.  I remember Paul Craig Roberts writing on the backpage of NewsWeek Magazine, back in the late 1960's.  Wow, we've come a long way since the days of protesting the Vietnam War, the socialism behind LBJ's Great Society, and the outrageous coup d'état that took place with the in-your-face-America assassination of JFK.  The circle is almost complete. The American Constitution hangs by a thread.  The anger and heart ache of Paul Craig Roberts says it all. I wonder who will win this years "Dancing with the Stars" competition?
Gary Edwards

Is The US Finally Ready For Revolution? - Democratic Underground - 1 views

www.democraticunderground.com/101970

ready-for-revolution

shared by Gary Edwards on 02 Jul 13 - No Cached
  • Gary Edwards on 02 Jul 13
     
    Written in June of 2012, before the national elections, this commentary remains the ringing truth.  Maybe more Americans are ready to listen this fourth of July? ........................... "Is America Ready For Revolution? I have always strongly believed that it's not possible to be a good Christian without standing up against social injustice and government corruption in all its forms. As I take a look around me today I find a lot of things wrong with our country. In fact, I have been a proponent for radical change for several years now, and I have written and published 2 books on this very topic. Where shall I begin? In God-blessed America, the land of the free where everyone is an economic slave, our founding fathers' sacred idea of a government "of the people, by the people, for the people" has become but a cruel joke. Former president George W. Bush has notoriously called our Constitution - our supreme law of the land - "that (expletive) piece of paper". The federal government is currently spending at least $60 billion per month on military excursions in Afghanistan, the Middle East, and northern and western Africa - including operating between 800 and 1,000 foreign military bases all over the world. Our country's over-used flying drone aircraft kills hundreds daily overseas, many of whom are only innocent bystanders. Meanwhile here on the home front, one in seven people are on food stamps, and at any given time one in four American children are going hungry today. Our country spends more money incarcerating people than it does on education. What's up with that? Our political system is openly rigged against the best interests of the American people. A massive market mechanism is securely entrenched in our political system where political influence is openly bought and sold. Tens of thousands of highly-paid middlemen called "lobbyists" facilitate the legal transfer of billions between moneyed special interests and our so-called "representatives" i
Paul Merrell

Muslim Americans win chance to sue NYPD for spying - Al Jazeera English - 0 views

www.aljazeera.com/...pd-spying-151015044346585.html

liberties surveillance state NYPD Muslim-surveillance litigation

shared by Paul Merrell on 17 Oct 15 - No Cached
  • An appeals court in the US has given Muslim Americans another chance to sue the New York Police Department for its surveillance on them. Last year, a lower court had dismissed the case in which the police were accused of deliberately targeting Muslims because of their religion. However, the 3rd US Circuit Court of Appeals in Philadelphia reversed a lower court's decision, finding the plaintiffs had legal standing to assert claims that the country's so-called counterterrorism programme violated their rights.
Paul Merrell

Gary Johnson Libertarian Candidate Worries Republicans - NYTimes.com - 0 views

www.nytimes.com/...minee-worries-republicans.html

shared by Paul Merrell on 18 Oct 12 - No Cached
  • Now campaigning as the Libertarian Party’s presidential nominee, Mr. Johnson is still only a blip in the polls. But he is on the ballot in every state except Michigan and Oklahoma, enjoys the support of a few small “super PACs” and is trying to tap into the same grass-roots enthusiasm that helped build Representative Ron Paul a big following. And with polls showing the race between President Obama and Mitt Romney to be tight, Mr. Johnson’s once-fellow Republicans are no longer laughing. Around the country, Republican operatives have been making moves to keep Mr. Johnson from becoming their version of Ralph Nader, the Green Party candidate whose relatively modest support cut into Al Gore’s 2000 vote arguably enough to help hand the decisive states of Ohio and Florida to George W. Bush.
  • Paul Merrell on 18 Oct 12
     
    The linked article and a pair of quotes I ran across recently have provoked some thought: "We are conservatives in primaries and Republican in general elections and we aim to win." "Given that we all had to suffer through the Bush administration even though Gore and Nader voters combined for a majority of the electorate, two de facto rules were laid down: Keep progressive challenges to center-right Democrats confined to Democratic primaries, not general elections." Both seem to embody the choice of evils approach to presidential elections. But the inherent lie is the notion that any minority group can ever obtain a seat at the power broker's table if the minority group is unwilling to deprive the majority group of election victories so long as their concerns are ignored. And the major parties *always* manufacture propaganda themes portraying the pending election as a potential doomsday event, a "must win" situation. But reality seldom supports such a theme. E.g., Obama and Romney are two peas from the same pod and the makeup of Congress is going to stay about the same. So given that all truly revolutionary change has to be approved by Congress, things will stay about the same unless one were to believe that it matters which of those two peas nominates new Supreme Court justices. (The vetting process assures that it does not matter.)So given that all truly revolutionary change has to be approved by Congress, things will stay about the same unless one were to believe that it matters which of those two peas nominates new Supreme Court justices. (The vetting process assures that it does not matter.) Certainly one could make a strong argument that all of the Supreme Court justices including Obama's Supreme Court appointments are Establishment whores, avowed corporatist/globalists. Should we expect anything different from Romney? It's a choice of thugs, not a choice of evils if one adopts the view that the choices are limited to the two major parties' candidates.
Paul Merrell

Paul Craig Roberts:   Obamneycare Converts Health Care Into Profits    :   In... - 0 views

www.informationclearinghouse.info/article32801.htm

Auction 2012 Obamneycare death panels Obama Romney health care

shared by Paul Merrell on 21 Oct 12 - No Cached
  •  In the guest section there is a new contribution by Dr. Robert S. Dotson. He points out that Obamneycare is two versions of the same thing. A person has to be gullible and uninformed to believe the claims of Obama and Romney that their replacements for Medicare will save money and improve care. What the schemes do is convert public monies into private profits. The exploding costs described by Dr. Dotson and the rising profits for private corporations are paid for by reducing health care. For example, Betsy McCaughey, former lieutenant governor of New York, writing in Investors Business Daily reports that “On Oct. 1, the Obama administration started awarding bonus points to hospitals that spend the least on elderly patients.” The result will be fewer knee and hip replacements, angioplasty, bypass surgery, and cataract operations. These procedures transformed aging by allowing the elderly, who formerly languished in wheelchairs and nursing homes, to lead active lives.
  • This doesn’t mean that Romneycare is any better. Conservatives like to pretend that the private sector is always more efficient and less corrupt than the public sector, and that replacing Medicare with vouchers toward the purchase price of a private insurance company will lower costs and improve care.
  • Some conservatives seem to think that because private policies are involved that health care becomes funded. What Obamneycare does is to steal from Medicare in order to finance Medicaid and private insurance policies. Both plans raise costs, reduce care for the elderly, and divert tax dollars away from health care to private profits. Let’s examine the erroneous conservative belief that if health care is provided privately, without any government subsidies, it is funded, whereas Medicare is not funded.
  • ...3 more annotations...
  • Obamneycare takes decisions out of the hands of patients and health care providers. It reduces care for the elderly. It imposes intrusive controls and data collecting and reporting. As care providers witness care withheld and the elderly confined to wheelchairs and nursing homes and early graves, health care providers will have to become as hardened as workers in slaughter houses, or the system will implode. Already 59% of US doctors say that they prefer a single-payer national health care system to the corporate form of medicine that has turned them into wage slaves who have to ration the time they spend with patients and the amount of care that they prescribe. If Obama’s subsidies and Romney’s vouchers are not indexed to medical inflation, Obamneycare will provide diminishing care as the years go by. As jobs offshoring has stripped the country of middle class job growth, the incomes earned by waitresses, bartenders, hospital orderlies, and Walmart’s part-time workers will not cover shelter, food, transportation, and health care.
  • When Obama sold out his supporters to the insurance companies, Obama supporters lined up with the pretense that diverting Medicare money to private profits was an improvement over the current system. Obama supporters have now invested so much emotional capital in Obama’s assault on Medicare that they pretend there is some meaningful difference between Obamacare’s government subsidized private insurance policies and Romneycare’s government subsidized private medical insurance vouchers. While the two sides yell and scream at one another, the concrete hardens around the new common policy of shorter lives for the elderly and more profits for private corporations.
  • Although no one in either party can define the US mission in the seven countries in which the US is conducting military aggression, wars of choice that according to Joseph Stiglitz and Linda Bilmes have already cost US taxpayers $6 trillion in out of pocket and already incurred future costs, there is no discussion of halting the wars and diverting armaments industry profits to the health care of the US population. Thus, we are left with Dr. Dotson’s conclusion that Americans are governed for the benefit of corporate profits. Americans’ lives, health, incomes, careers, prospects, none of this matters. Only corporate profits.
  • Paul Merrell on 21 Oct 12
     
    Paul Craig Roberts hit the nail on the head once again, this time on the nation's health care system. 
Paul Merrell

Investigating Donald Trump, F.B.I. Sees No Clear Link to Russia - The New York Times - 0 views

www.nytimes.com/...sia-election-donald-trump.html

Auction 2016 Trump FBI Russian-ties

shared by Paul Merrell on 02 Nov 16 - No Cached
  • For much of the summer, the F.B.I. pursued a widening investigation into a Russian role in the American presidential campaign. Agents scrutinized advisers close to Donald J. Trump, looked for financial connections with Russian financial figures, searched for those involved in hacking the computers of Democrats, and even chased a lead — which they ultimately came to doubt — about a possible secret channel of email communication from the Trump Organization to a Russian bank.Law enforcement officials say that none of the investigations so far have found any conclusive or direct link between Mr. Trump and the Russian government. And even the hacking into Democratic emails, F.B.I. and intelligence officials now believe, was aimed at disrupting the presidential election rather than electing Mr. Trump.Hillary Clinton’s supporters, angry over what they regard as a lack of scrutiny of Mr. Trump by law enforcement officials, pushed for these investigations. In recent days they have also demanded that James B. Comey, the director of the F.B.I., discuss them publicly, as he did last week when he announced that a new batch of emails possibly connected to Mrs. Clinton had been discovered.
  • Supporters of Mrs. Clinton have argued that Mr. Trump’s evident affinity for Russia’s president, Vladimir V. Putin — Mr. Trump has called him a great leader and echoed his policies toward NATO, Ukraine and the war in Syria — and the hacks of leading Democrats like John D. Podesta, the chairman of the Clinton campaign, are clear indications that Russia has taken sides in the presidential race and that voters should know what the F.B.I. has found. Continue reading the main story Related Coverage 3 U.S. States Turn Down Russian Requests to Monitor Elections OCT. 21, 2016 Donald Trump Says He Might Meet With Putin Before Inauguration OCT. 17, 2016 Advertisement Continue reading the main story The F.B.I.’s inquiries into Russia’s possible role continue, as does the investigation into the emails involving Mrs. Clinton’s top aide, Huma Abedin, on a computer she shared with her estranged husband, Anthony D. Weiner. Mrs. Clinton’s supporters argue that voters have as much right to know what the F.B.I. has found in Mr. Trump’s case, even if the findings are not yet conclusive.
  • Senator Harry Reid of Nevada, the minority leader, responded angrily on Sunday with a letter accusing the F.B.I. of not being forthcoming about Mr. Trump’s alleged ties with Moscow.“It has become clear that you possess explosive information about close ties and coordination between Donald Trump, his top advisers, and the Russian government — a foreign interest openly hostile to the United States, which Trump praises at every opportunity,” Mr. Reid wrote. “The public has a right to know this information.”F.B.I. officials declined to comment on Monday. Intelligence officials have said in interviews over the last six weeks that apparent connections between some of Mr. Trump’s aides and Moscow originally compelled them to open a broad investigation into possible links between the Russian government and the Republican presidential candidate. Still, they have said that Mr. Trump himself has not become a target. And no evidence has emerged that would link him or anyone else in his business or political circle directly to Russia’s election operations.
  • Paul Merrell on 02 Nov 16
     
    The same story is running on CNN. There is another story moving on MSM that the FBI has found no evidence of Russian attempts to sway the election between the two candidates, instead being aimed at spreading chaos. Combined with FBI Director Comey's announcement last week that the Hillary email criminal investigation has been reopened, at least three temtative conclusions are suggested: [i] Comey and the FBI have mounted a three-pronged attack on Hillary's election run, on the email front, deFUDding Hillary's claim that Trump has ties with Vladimir Putin, and defanging the Hillary claim that Russia is attempting to elect Donald Trump; [ii] MSM is covering those stories; and [iii[ by implication, those who have real power over the U.S. government have decided they don't want Hillary do win the election. All good news for Trump and bad news for the Clintons.
Paul Merrell

Pepe Escobar - The real November surprise -- Puppet Masters -- Sott.net - 0 views

www.sott.net/...bar-The-real-November-surprise

Auction 2016 Powers-that-Be Hillary Trump

shared by Paul Merrell on 03 Nov 16 - No Cached
  • "As bad as it is the folks above the President make the decisions. They may have decided on Trump. These things do not happen by accident." Thus spoke a high-level US business mover and shaker with secure transit in rarified Masters of the Universe-related circles, amidst the utter political chaos provoked by head of the FBI James Comey's latest bombshell. It's virtually established by now that US Attorney General Loretta Lynch told Comey not to release his letter to Congress. But Comey did it anyway. If he had not, and a scandal would - inevitably - spring up after the US presidential election, Lynch would be perfectly positioned to deny she knew anything, and Comey would be on the firing line. Lynch is a certified Clinton machine asset. In 1999 then-President Bill Clinton appointed her to run the Brooklyn US Attorney's office. She left in 2002, taking the private practice revolving door. She was back to the Brooklyn office in 2010, urged by Obama. Five years later she became the 83rd US Attorney General, replacing the dodgy Eric Holder. A plausible case has been made that Comey took his fateful decision based on a serious internal revolt at the FBI - led by key people he trusts — as well as being egged-on by his wife. Yet one of the key questions that refuse to go away is why the FBI waited until 11 days before the US presidential election to supposedly "find" an email trove on certified sexting pervert Anthony Weiner's laptop.
  •      "As bad as it is the folks above the President make the decisions. They may have decided on Trump. These things do not happen by accident." Thus spoke a high-level US business mover and shaker with secure transit in rarified Masters of the Universe-related circles, amidst the utter political chaos provoked by head of the FBI James Comey's latest bombshell. It's virtually established by now that US Attorney General Loretta Lynch told Comey not to release his letter to Congress. But Comey did it anyway. If he had not, and a scandal would - inevitably - spring up after the US presidential election, Lynch would be perfectly positioned to deny she knew anything, and Comey would be on the firing line. Lynch is a certified Clinton machine asset. In 1999 then-President Bill Clinton appointed her to run the Brooklyn US Attorney's office. She left in 2002, taking the private practice revolving door. She was back to the Brooklyn office in 2010, urged by Obama. Five years later she became the 83rd US Attorney General, replacing the dodgy Eric Holder. A plausible case has been made that Comey took his fateful decision based on a serious internal revolt at the FBI - led by key people he trusts — as well as being egged-on by his wife. Yet one of the key questions that refuse to go away is why the FBI waited until 11 days before the US presidential election to supposedly "find" an email trove on certified sexting pervert Anthony Weiner's laptop.
  • The business source, although unsympathetic to the Clinton machine, especially in foreign policy, is a realpolitik practitioner, not a conspiracy theorist. He is adamant that, "the FBI reversal could not have happened without orders above the President. If the Masters [of the Universe] have changed their mind, then they will destroy Hillary." He adds, "they can make a deal with Donald just like anyone else; Donald wins; the Masters win; the people think that their voice has been heard. And then there will be some sort of (controlled) change." What's paramount in the whole soap opera is that faith in the US political system — as corrupt as it may be — must endure. That mirrors the faith in the US dollar; if confidence in the US dollar fails, the US as a hegemonic financial power is no more. The source is equally adamant that, "it is almost unprecedented to see a cover-up as extensive as Hillary's. A secret meeting between Bill Clinton and the Attorney General; the FBI ignoring all evidence and initially clearing Hillary to near rebellion of the whole of the FBI, attested to by Rudolf Giuliani whose reputation as a federal prosecutor is unquestioned; the Clinton "pay for play" foundation. The Masters are troubled that this is getting out of hand." The record shows that "the Masters do not usually have to go to such lengths to protect their own. They did manage to save Bill Clinton from the Monica Lewinsky perjury and keep him in the presidency. The Masters were not attacked in this case. They even got away with the 1987 cash settlement crash and the theft surrounding the Lehman debacle. In all these cases there were no overarching challenges to their control, as we see now open to the public by Trump. They antagonized and insulted the wrong man."
Gary Edwards

First Tea Party, Now Trump: Battle Against Globalization Gains Strength | The Daily Bell - 0 views

www.thedailybell.com/...t-globalization-gains-strength

Tea-Party-Patriots Trump Globalist

shared by Gary Edwards on 06 May 16 - No Cached
  • The larger question, (and this Bloomberg article addresses it in its own way) is one that we used to ask with some regularity: Are Western elites going to have to take a step back?
  • What it construes as  a “cultural retreat” is actually a manifestation of both a free society and representative democracy.
  • Indeed this conflict will likely present itself ever-more powerfully throughout the 21st century. It is the conflict between globalism and freedom.
  • ...2 more annotations...
  • The US political system is NOT engineered to allow a rejection of elite, globalism. The modern Western political system is almost entirely in thrall to this sort of internationalism.
  • The ultimate solution to what has occurred in the 20th and now 21st century will evolve from individual action and people literally find new ways of addressing and rejecting elite control.
  • Gary Edwards on 06 May 16
     
    "More and more, Donald Trump seems to us at least partially an extension of the Tea Party movement that the US mainstream media declared dead a few years ago. Whether Trump wins or not, or whether his campaign and then his presidency is considered a "success" is in a sense incidental. The larger question, (and this Bloomberg article addresses it in its own way) is one that we used to ask with some regularity: Are Western elites going to have to take a step back? From a social, political, economic and investment perspective, what will the West and the world look like if the quasi-libertarian impulse represented by Trump and the Tea Party somehow emerge victorious in the US? What Trump represents is like an incoming tide. You can divert it or dam it momentarily but it will not be halted in the longer term. It will reach its destination, whatever that is. We've written a number of articles, for instance, pointing out that one of the unfortunate results of the Trump candidacy may be to inflame tensions between Hispanics and white, Western culture. The idea is that these tensions can lead to a rapprochement that reignites a previous movement to further align and consolidate Mexican and US economies and even sociopolitical elements. Additionally, some Trump statements have an authoritarian and populist ring to them that seem to indicate a Trump presidency would reinforce certain oppressive and anti-freedom aspects federal power. But as Trump approaches, potentially, a successful destination, the ramifications of what he has accomplished - and may yet accomplish - should be considered seriously by anyone living in the US or affected by Western power."
Paul Merrell

The Early Edition: September 9, 2016 | Just Security - 0 views

www.justsecurity.org/...early-edition-september-9-2016

war & peace U.S.-foreign-policy Iraq boots-on-the-ground Mosul-offensive mission-creep

shared by Paul Merrell on 09 Sep 16 - No Cached
  • The US has sent 400 additional troops to bolster Iraqi forces preparing to retake the Islamic State-held city of Mosul, report Ben Kesling and Gordon Lubold at the Wall Street Journal.
  • Paul Merrell on 09 Sep 16
     
    More U.S. boots on the ground in Iraq and more mission creep. I'll take an informed guess that these will be mostly forward troops whose mission will be coordinating the targeting of U.S. coalition airstrikes. As such, they're likely to experience casualties among them. So much for Bush2's "mission accomplished" and Obama's "no-ground-troops," which is also one of Hillary's campaign promises. The Mosul offensive has been delayed for nearly two years because those billions of dollars we spent "building" the Iraqi Army forces mostly went into the pockets of government officials, with nearly all units consisting mostly of "ghost" soldiers who had no existence other than a name so officers could pocket their pay. But keep in mind that the U.S. goal in Iraq is not to win a war, but instead to keep Iraq and Syria in a state of destabilization, a war without end. That blocks the Iran-Iraq-Syria Friendship Pipeline and serves Israel's empirical ambitions.
Gary Edwards

The Fix Is Already in for This Election - The Daily Reckoning - 0 views

dailyreckoning.com/fix-already-election

Trump Federal-Reserve-Bankster-Cartel GOLD

shared by Gary Edwards on 03 Sep 16 - No Cached
  • But Yellen isn’t going to let any normal course of events happen before Election Day, especially since a Trump presidency would be every central banker’s worst freaking nightmare…Trump is deeply suspicious of the Fed… as many of us are.He’s rightfully and repeatedly said that Fed policies have created a stock market bubble that will burst. He’s called the Fed’s QE nonsense a bad economic idea that produced “phony numbers.”He told GQ that he prefers the gold standard to a Fed-manipulated fiat currency: “Bringing back the gold standard would be very hard to do — but boy, would it be wonderful. We’d have a standard on which to base our money.”And he also supports an extensive audit of the Fed to bring transparency and accountability to the secretive “central bank” that’s brought devastating boom-and-bust cycles for decades.
  • Of course, nobody knows if Trump will follow through on these promises if elected. Once in Washington, he could very well become just another lying politician. But right now, the last thing Yellen and her New World Order cronies want to do is take a chance on President Trump.They want to keep their unchecked power to create endless amounts of money out of thin air… to build and pop one financial bubble after another… all to redistribute from the little people to the elites… and destroy free-market capitalism in the name of state-manipulated Ponzi finance.We know that won’t change under Clinton. And maybe it won’t change under Trump. But you can bet central bankers don’t trust that business as usual will continue with Trump.So come the next Fed meeting in mid-September, expect a lot of sophisticated talk from Yellen about this or that economic item, assorted indecipherable mumblings and an army of TV talking heads lapping it all up as if an economic god had spoken.Just don’t hold your breath waiting for a rate hike… no matter what the economy’s doing.
  • Gary Edwards on 03 Sep 16
     
    "Trump is staging a fierce comeback… Hillary Clinton's post-convention lead in the polls has nearly disappeared. Prominent pollster Rasmussen Reports now has Trump leading Clinton 40% to 39%. Trump also has a 3% lead (45% to Hillary's 42%) in the Los Angeles Times poll. And Hillary's edge in the polls in which she's still leading has narrowed sharply. There'll be more back-and-forth momentum swings in the horse race to come, but these new polls show one thing: The odds of a Trump presidency shot higher this week. And that means the odds of a Fed interest rate hike before Election Day got lower… The fix is in… Look, Janet Yellen isn't going to do anything to jeopardize a Clinton presidency. They're both card-carrying Deep Staters. They're both liberals who served under Obama. They both dress the same: Mao chic. And most of all, Yellen wants to keep her job when her term expires in February 2018. She's a lock to stay on in a Clinton administration. But it won't happen in Trump's. He's already told TheWall Street Journal that he wouldn't keep Yellen as Fed chair. I don't see how Yellen can raise rates between now and Election Day… if Trump can win. If she did, it would tank the stock market, nail the economy and give Trump the White House. When the Fed raised rates in December 2015, the stock market plunged, with the Dow dropping more than 1,300 points in the month following. A plunging market would wipe out trillions in paper wealth and slam the economy into recession."
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