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Paul Merrell

Netanyahu agreed to ceasefire after Obama promised US troops in Sinai next week? - RT - 0 views

  • Israel and Palestine are momentarily at a ceasefire, but the potential reasoning behind the recess could have some real international implications. Israel’s Debka reports that the pause in fighting comes after the US promised to send troops to Sinai. According to Debka, US troops will soon be en route to the Sinai peninsula, Egyptian territory in North Africa that’s framed by the Suez Canal on the West and Israel on the East. In its northeast most point, Sinai is but a stone’s throw from Palestinian-controlled Gaza, and according to Debka, Hamas fighters there have been relying on Iranian arms smugglers to supply them with weaponry by way of Egypt.Debka reports this week that Sinai will soon be occupied by US troops, who were promised by President Barack Obama to Israel’s leaders as a condition that a ceasefire be called. Once deployed, the Americans will intervene with the rumored arms trade orchestrated by Iranians, ideally cutting off supplies for Hamas while at the same time serving as a thorn in the side of Iran.
  • The decision to send US troops to Sinai in exchange for a ceasefire was reportedly arranged early Wednesday morning after Pres. Obama made a deal over the phone with Israeli Prime Minister Benjamin Netanyahu. In the days prior, Israel was relentless in targeting Gaza, killing more than 100 persons — including civilians — during a renewed assault on Hamas. A ceasefire has since been called after a week of fight, but more military action could soon occur, claims Israel, if the flow of weapons to Gaza is not stopped. Netanyahu has been adamant with his pleas for the United States to strike Iran in an effort to disrupt its nuclear enrichment facilities, a demand which up until now has been brushed aside by Pres. Obama. The White House has up until now insisted on diplomatic measures in order to make an impact on any Iranian output, but Debka’s sources suggest that US troops may now have to intervene in Sinai if any smugglers should attempt to move weapons into Gaza.
  • “By opening the Sinai door to an American troop deployment for Israel’s defense, recognizes that the US force also insures Israel against Cairo revoking or failing to honor the peace treaty Egypt signed with Israel in 1979,” adds Debka.According to their sources, US troops are expected in Egypt early next week. Meanwhile, American forces have all but surrounded Iran and are stationed in countless bases across the Middle East.
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    This isn't really about arms smuggling. Israel has the Palestinians so out-gunned So if the Egyptians will no longer block shipment of humanitarian supplies into Gaza, the U.S. will invade Egypt to keep the Israeli blockade of Gaza in force. Never mind that its a violation of the Geneva Conventions on war. Never mind that the budget really doesn't need another major troop deployment or that there is a bill pending in the House declaring the deployment of U.S. combat troops on foreign soil without prior Congressional authorization an impeachable offense.     
Paul Merrell

Benghazi attack could have been prevented if US hadn't 'switched sides in the War on Te... - 0 views

  • Citizens Committee on Benghazi claims the US government allowed arms to flow to al-Qaeda-linked militants who opposed Muammar GaddafiTheir rise to power, the group says, led to the Benghazi attack in 2012The group claims the strongman Gaddafi offered to abdicate his presidency, but the US refused to broker his peaceful exitThe commission, part of the center-right Accuracy In Media group, concluded that the Benghazi attack was a failed kidnapping plotUS Ambassador Chris Stevens was to be captured and traded for 'blind sheikh' Omar Abdel-Rahman, who hatched the 1993 WTC bombing plot
  • The Citizens Commission on Benghazi, a self-selected group of former top military officers, CIA insiders and think-tankers, declared Tuesday in Washington that a seven-month review of the deadly 2012 terrorist attack has determined that it could have been prevented – if the U.S. hadn't been helping to arm al-Qaeda militias throughout Libya a year earlier.
  • The Citizens Commission on Benghazi, a self-selected group of former top military officers, CIA insiders and think-tankers, declared Tuesday in Washington that a seven-month review of the deadly 2012 terrorist attack has determined that it could have been prevented – if the U.S. hadn't been helping to arm al-Qaeda militias throughout Libya a year earlier.'The United States switched sides in the war on terror with what we did in Libya, knowingly facilitating the provision of weapons to known al-Qaeda militias and figures,' Clare Lopez, a member of the commission and a former CIA officer, told MailOnline.She blamed the Obama administration for tacitly approving the diversion of half of a $1 billion Qatari arms shipment to al-Qaeda-linked militants.
Paul Merrell

UK activists shut factory, demand Israel arms embargo | The Electronic Intifada - 0 views

  • A groups of nine activists today shut down a factory, one of two UK subsidiaries of Israeli arms firm Elbit. UAV Engines Limited, in Shenstone, Lichfield (40 minutes north of Birmingham), makes drone engines. According to the Campaign Against the Arms Trade, these have been exported to Israel.
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    Pro Palestinian protesters crank it up a notch in the UK, occupying a factory that manufactures drone engines that are exported to Israel. Watch for this kind of direct action to spread to the U.S. and across Europe.
Paul Merrell

Storie di censure, petizioni, Elmetti bianchi e "catene di affetti" - SIBIALIRIA - 0 views

  • Much is due to the fame of the White Helmets Syrians, if they're coming in a few days than 1.5 million signatures the petition on Avaaz  Protect Aleppo's children, now! Asking for no-fly zone (a successful workhorse for Avaaz also to time of Libya, on the basis of false information). And award-winning source doc The White Helmets or white helmets, autodefinitisi Syria Civil Defense, active in areas controlled Syrian armed opposition, have recently received the Right Livelihood Award , or "alternative Nobel", normally assigned since 1990 to people who have really helped mankind - the first to receive it were an Egyptian architect of the poor and organization solutions for the vegetable against world hunger. In the words of the founder, " the award is intended to help the North find a wisdom to match the science he possesses, and the South to find a science to match the ancient wisdom that has ." Good intentions. The White Helmets Syrians are the "source" credited with many of the news coming from Aleppo East - for example on the use of "barrel bomb" or the "deliberate shelling of hospitals" - days ago in a twitter have put together the two crimes talking about a cowardly "attack on a hospital with bomb barrels." To be believed on bombs and hospital nature of the affected buildings, the helmets do not need proof, just a few photos of rubble. Of course, what they fail to tell the same International Red Cross admitted to our question (we preserve their email): the 'hospitals' in opposition areas are in no way signaled, rather they are well hidden.
  • Those who support them and what they really do, they know a few. censored The White Helmets spread video in which always appear in the rubble with babies in their arms (parents, where are they?). But, nevertheless, their deeds are other videos that are real autodenunce, but that the world has chosen to ignore, or to censor. It 'just been cleared from the site of Change the petition that the anti-war activists network Syria Solidarity Movement had addressed to the organizers of the Nobel Prize (which have already been received from: Obama, Kissinger, pears, European Union ...). The petition was titled very clearly , " Do not give the Nobel Prize in 2016 to the Syrian White Helmets ". But a few days, if you try to type on the search engine, you will see this inscription: " The petition is not available ." The authors denounce the removal, stating : " He had collected 2,800 signatures and thousands of comments. This is a clear case of censorship . " So we summarize the news on the White Helmets contained in the aforesaid petition, supported with a video (more pictures can be found at the link above). Activists wrote: " Please watch the video of Steve Ezzedine Al Qaeda with a facelift  . The White Helmets will say neutral, independent, self-financed, exclusively civilian. It does not. Have received more than $ 40 million from USAID and the British Foreign Office, entities directly involved in the conflict in Syria. I am not helpless: there are photographs and films of the group members who support Al Nusra Front / Al Qaeda. More photos and video showing their 'activists' while attending the execution of civilians or while cheering on the bodies of dead soldiers. The White Helmets work only in areas controlled by armed extremist groups. Fomenting sectarianism in Syria, asking for example to set fire Kafarya and Foua two Shiite villages besieged by five years in the area of Idlib. They have repeatedly called for the no-fly zone in Libya, whose results are seen. " Added: the White Helmets or Syria Civil Defense are the highlight of the stated Maydayrescue , organization "humanitarian" founded by former British Colonel James Le Mesurier based in Dubai and Amsterdam, and training centers in Turkey and Jordan.
  • How did you do? One explanation for this world enchantment for a group to say the least objectionable? And 'the effect' chain of suffering. " In April their leader Raed Saleh had been invited to the United States to pick up a humanitarian award assigned by InterAction, a platform of 180 non-governmental organizations with development projects in all countries of the world "The voice united for global change with lay and religious members, small and large, engaged with the most vulnerable populations. " (For a mixup in communication, Saleh had been dismissed as a suspect of terrorism immigration Use on arrival. Then the US State Department had the face to say that this was not about the White Helmets). Interaction between members of perhaps counted on the fingers of one hand those that have to do with the Syrian armed opposition. There is, for example, the Syrian American Medical Association, specializes in the complaints of hospitals bombed. But all the other organizations that Syria do not know and do not mind (because maybe riforestano the Sahel, or dealing with the blind, or fair trade in Asia, Latin America or build latrines) they trust their sisters' informed ». And so, in one stroke, 180 NGOs all over the world take the White Helmets as heroes, they spread the word ...
Paul Merrell

Senators discuss revising 9/11 resolution - John Bresnahan - POLITICO.com - 0 views

  • Top senators in both parties have begun talks to revise the congressional resolution authorizing the use of military force following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, according to lawmakers and aides involved in the discussions.Though in its early stages, such a debate could cause serious heartburn for the White House and party leaders seeking to push through any revised use-of-force resolution. A Senate floor fight over replacing the 9/11 resolution could lead to broader political battles on critical areas of President Barack Obama’s national security policy, including the war in Afghanistan, the use of armed drone attacks against suspected terrorists, treatment of detainees held in Guantanamo Bay, and the scope of the president’s authority as commander-in-chief to combat terrorism worldwide.
  • The bipartisan Senate talks also come at a time when Obama is catching flak for his aggressive drone policy, and Sen. Rand Paul’s (R-Ky.) 13-hour filibuster on the issue struck a chord with some members of both parties. Senate Armed Services Committee Chair Carl Levin (D-Mich.), and Sens. Dick Durbin (D-Ill.) and John McCain (R-Ariz.) met recently to discuss the issue, the senators and their aides said.
  • Other senators involved in the talks include Bob Corker (R-Tenn.) and Lindsey Graham (R-S.C.). Corker is the ranking member on the Senate Foreign Relations Committee. Levin has scheduled a May 16 hearing of the Senate Armed Services Committee on the matter.
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  • At stake is whether the 9/11 resolution is still relevant more than 12 years after it was adopted by Congress in the wake of the attacks by al Qaeda terrorists on the World Trade Center and Pentagon. Those attacks prompted an American-led invasion of Afghanistan, a military campaign that is still ongoing and could last for years longer, even after U.S. combat forces leave the troubled country in 2014. “We need to sit down among ourselves as senators and ask a very timely question. And that is whether the AUMF [authorization of use of military force] that we voted for in 2001 — every senator did who was serving at the time — whether that still serves America’s defense needs today,” Durbin told POLITICO in an interview.
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    The chicken hawks are at it again, trying to get a new Authorization for Use of Military Forces ("AUMF") that would authorize perpetual war. So much for fiscal conservatism.
Paul Merrell

U.S. military on high alert as Ukraine troops trade gunfire with pro-Russian militants ... - 0 views

  • U.S. military assets in the Black Sea are on high alert amid reports Ukraine troops traded gunfire Tuesday with pro-Russian militants.A journalist with Associated Press reported intense gunfire at an airport in eastern Ukraine after the government sent in army troops to retake control from militiamen loyal to Russian President Vladimir Putin.
  • The mayor of Kramatorsk told the Associated Press that Ukrainian troops have now occupied the military airport and are blocking its entrance.The action comes a day after the revelation a Russian fighter jetted buzzed a U.S.S. destroyer multiple times over the Black Sea.Russia declared Ukraine on the brink of civil war, and Kiev said an “anti-terrorist operation” against pro-Moscow separatists was under way, with troops and armored personnel carriers seen near a flashpoint eastern town.Twenty-four hours after an Ukrainian ultimatum expired for the rebels to lay down their arms, witnesses however saw no signs yet that Ukraine’s forces were about to storm state buildings in the Russian-speaking east that armed militants have occupied.
Paul Merrell

BofA Said to Split Regulators Over Moving Merrill Derivatives to Bank Unit - Bloomberg - 0 views

  • Bank of America Corp. (BAC), hit by a credit downgrade last month, has moved derivatives from its Merrill Lynch unit to a subsidiary flush with insured deposits, according to people with direct knowledge of the situation. The Federal Reserve and Federal Deposit Insurance Corp. disagree over the transfers, which are being requested by counterparties, said the people, who asked to remain anonymous because they weren’t authorized to speak publicly. The Fed has signaled that it favors moving the derivatives to give relief to the bank holding company, while the FDIC, which would have to pay off depositors in the event of a bank failure, is objecting, said the people. The bank doesn’t believe regulatory approval is needed, said people with knowledge of its position.
  • Three years after taxpayers rescued some of the biggest U.S. lenders, regulators are grappling with how to protect FDIC- insured bank accounts from risks generated by investment-banking operations. Bank of America, which got a $45 billion bailout during the financial crisis, had $1.04 trillion in deposits as of midyear, ranking it second among U.S. firms. “The concern is that there is always an enormous temptation to dump the losers on the insured institution,” said William Black, professor of economics and law at the University of Missouri-Kansas City and a former bank regulator. “We should have fairly tight restrictions on that.”
  • Moody’s Investors Service downgraded Bank of America’s long-term credit ratings Sept. 21, cutting both the holding company and the retail bank two notches apiece. The holding company fell to Baa1, the third-lowest investment-grade rank, from A2, while the retail bank declined to A2 from Aa3.
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  • The Moody’s downgrade spurred some of Merrill’s partners to ask that contracts be moved to the retail unit, which has a higher credit rating, according to people familiar with the transactions. Transferring derivatives also can help the parent company minimize the collateral it must post on contracts and the potential costs to terminate trades after Moody’s decision, said a person familiar with the matter. Bank of America estimated in an August regulatory filing that a two-level downgrade by all ratings companies would have required that it post $3.3 billion in additional collateral and termination payments, based on over-the-counter derivatives and other trading agreements as of June 30. The figure doesn’t include possible collateral payments due to “variable interest entities,” which the firm is evaluating, it said in the filing.
  • Derivatives are financial instruments used to hedge risks or for speculation. They’re derived from stocks, bonds, loans, currencies and commodities, or linked to specific events such as changes in the weather or interest rates. Dodd-Frank Rules Keeping such deals separate from FDIC-insured savings has been a cornerstone of U.S. regulation for decades, including last year’s Dodd-Frank overhaul of Wall Street regulation. The legislation gave the FDIC, which liquidates failing banks, expanded powers to dismantle large financial institutions in danger of failing. The agency can borrow from the Treasury Department to finance the biggest lenders’ operations to stem bank runs. It’s required to recoup taxpayer money used during the resolution process through fees on the largest firms.
  • Bank of America’s holding company -- the parent of both the retail bank and the Merrill Lynch securities unit -- held almost $75 trillion of derivatives at the end of June, according to data compiled by the OCC. About $53 trillion, or 71 percent, were within Bank of America NA, according to the data, which represent the notional values of the trades. That compares with JPMorgan’s deposit-taking entity, JPMorgan Chase Bank NA, which contained 99 percent of the New York-based firm’s $79 trillion of notional derivatives, the OCC data show.
  • Moving derivatives contracts between units of a bank holding company is limited under Section 23A of the Federal Reserve Act, which is designed to prevent a lender’s affiliates from benefiting from its federal subsidy and to protect the bank from excessive risk originating at the non-bank affiliate, said Saule T. Omarova, a law professor at the University of North Carolina at Chapel Hill School of Law. “Congress doesn’t want a bank’s FDIC insurance and access to the Fed discount window to somehow benefit an affiliate, so they created a firewall,” Omarova said. The discount window has been open to banks as the lender of last resort since 1914. As a general rule, as long as transactions involve high- quality assets and don’t exceed certain quantitative limitations, they should be allowed under the Federal Reserve Act, Omarova said.
  • In 2009, the Fed granted Section 23A exemptions to the banking arms of Ally Financial Inc., HSBC Holdings Plc, Fifth Third Bancorp, ING Groep NV, General Electric Co., Northern Trust Corp., CIT Group Inc., Morgan Stanley and Goldman Sachs Group Inc., among others, according to letters posted on the Fed’s website. The central bank terminated exemptions last year for retail-banking units of JPMorgan, Citigroup, Barclays Plc, Royal Bank of Scotland Plc and Deutsche Bank AG. The Fed also ended an exemption for Bank of America in March 2010 and in September of that year approved a new one. Section 23A “is among the most important tools that U.S. bank regulators have to protect the safety and soundness of U.S. banks,” Scott Alvarez, the Fed’s general counsel, told Congress in March 2008.
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    So according to Bloomberg, JPMorgan's commercial bank was the recipient of 99 percent of JPMorgan's $79 trillion (face value of derivatives) in bad bets. So adding JPMorgan's $78 trillion or so to the $75 trillion in bad bets Bank of America unloaded on its FDIC insured subsidiary, we arrive at $153 trillion in bad bets moved by two investment banks alone under the FDIC umbrella. Meanwhile, FDIC has authority under Dodd-Frank to liquidate these insolvent banks but doesn't, despite several successful lawsuits to recover the value of toxic derivatives that they sold to smaller banks that failed (which implies that FDIC could tell JPMorgan and BoA's investment banksters that they've got to pay off the toxic assets they transferred to their commercial banks, rather than diluting the insurance for normal depositors. Problem: the two big investment banks don't have sufficient assets to absorb those losses, so the too-politically-connected-to-fail factor kicks in. Note that I have not done any legal research in regard to these issues and am basing these observations on what has been stated about legal requirements in various media articles.
Paul Merrell

EU Considers Improved Russia Ties -- Update - NASDAQ.com - 0 views

  • The European Union could significantly scale back sanctions and resume discussions with Russia on issues from visa-free travel, cooperation with the Moscow-led Eurasian Economic Union and the crisis in Libya, Syria and Iraq if Russia moves to end the crisis in eastern Ukraine, according to an EU discussion paper. While insisting the EU cannot return to "business as usual" with Moscow, the paper suggests the EU consider gradually normalizing many aspects of its ties with Russia in what would be a significant shift in relations.
  • The paper, which hasn't yet been sent to member states, was prepared by the EU's foreign-policy arm ahead of a meeting of the bloc's foreign ministers in Brussels on Monday. No immediate decisions are expected from that meeting where the EU's medium-term approach to Russia is the main item on the agenda. EU energy chief Maros Sefcovic will visit Moscow on Wednesday for discussions with top officials from the government and the state gas company Gazprom.
  • with some signs that the situation in eastern Ukraine could stabilize--or at least not deteriorate--there have been growing calls to seek ways out of the stalemate. Within days of taking office, European Commission President Jean-Claude Juncker met with Russian President Vladimir Putin at the Group of 20 leaders meeting in Brisbane, Australia. EU foreign policy chief Federica Mogherini has said that she will visit Moscow in early 2015 and insisted dialogue must be maintained. The paper raises the question of whether the EU needs "a more proactive approach," including a series of possible trade-offs, to induce policy change from Russia. "Such a process would need to be selective and gradual, and commensurate with the degree to which Russia responds positively," the paper said.
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  • It warns however that, further thought should also be given to initiatives to strengthen the bloc's resilience to " further Russian pressure, intimidation and manipulation" in the energy, cybersecurity and aviation fields. The paper also urges reflection on how the EU should respond to Russia's funding of radical EU parties and its propaganda efforts. One key idea floated is that EU sanctions on Russia be regrouped into those directly tied to the Crimea annexation and others that could be lifted if the situation in east Ukraine is normalized. The former would stay in place as long as Moscow kept control of Crimea, where the paper says "no change is expected in the short term." The paper says the "EU should be ready to scale down" the latter "as soon as Russia implements the Minsk agreements." There is no mention in the paper that sanctions could be tightened if there is no improvement in the situation in eastern Ukraine.
  • The paper suggests that if Russia throws no fresh wrenches into the full implementation of the EU-Ukraine trade pact and takes steps to resolve outstanding trade disputes, the EU could consider establishment of formal relations with the Russian-dominated Eurasian Economic Union. The paper also floats the gradual resumption of discussions on energy, environment and climate change issues. It suggests a partial resumption of discussions on an updated bilateral trade and political agreement focusing on rule-of- law cooperation and regulatory convergence.
  • The EU's three Russia-related sanctions laws will expire between March and July and require the approval of all 28 member states to be extended by a further year.
Gary Edwards

What Is or Should Be the Law? essay on Frederik Bastiat's "The Law" - 1 views

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    Jeffrey Tucker at The Daily Reckoning wonders about all those Presidential Executive Orders that make Law while by-passing the Congressional process and making mockery of the USA Constitution.  He ends up referencing the great libertarian, Frederick Bastiat's seminal work, The Law - written in 1849.    
    excerpt: One party gets annoyed when the other party's president enacts laws without regard to any constitutional conventions.
    But what is the law, and what should it be? These are the bigger questions that are not part of public consciousness.
    The same was true in the time of Frédéric Bastiat (1801-50). At the very end of his life, he wrote an impassioned plea on the topic. He tried to get people to think hard about what was happening and how law had become an instrument of plunder, rather than a protector of property.
    He writes:
    ...... "It is not true that the function of law is to regulate our consciences, our ideas, our wills, our education, our opinions, our work, our trade, our talents or our pleasures. The function of law is to protect the free exercise of these rights, and to prevent any person from interfering with the free exercise of these same rights by any other person." .......
    This is from Bastiat's The Law, one of the great political essays to emerge from the whole Continental world of the 19th century. It vanished into obscurity in France, was resurrected in late 19th century English, and then disappeared again, only to reappear in the United States in the 1950s, thanks to the efforts of the Foundation of Economic Education.
    This essay asks fundamental questions that most people go through life never having thought about.
    The problem is that most people accept the law as a given, a fundamental fact. As a member of society, you obey or face the consequences. It is not safe to question why. This is because the enforcement arm of the law is the state, that peculiar agency with a unique power in society to
Gary Edwards

How Can the US Get Back its AAA Rating? | NewsyStocks.com - 0 views

  • First among the recommendations of S&P 500, it expects the US government to get the federal debt down to around 60 percent or 65 percent of GDP, which has been historically around 40 percent.
  • . Its concerns were divided into two categories. First, the Americans are growing old and the cons
  • Currently, t
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  • S&P had made it clear that budget cuts alone are not sufficient but taxes must be increased.
  • S&P wants the US to generate enough savings from its debt deal to stabilize the national debt so that it will no longer
  • w faster than t
  • The government requires at least $4 trillion to $5 trillion in savings over the next 10 years to achieve the debt target.
  • tinue to gro
  • ncreases in entitlement costs cannot be sustained alone by the current tax collections for programs like Social S
  • ecurity.
  • budget cuts alone are not enough to reduce deficits. So taxes have to be increased to add revenue to the Treasury.
  • A cap on spending would act as sort of a stopgap preventing lawmakers from letting party politics put a blockade in the way on necessary steps towards the economic recovery of the US.
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    S&P wants the US to generate enough savings from its debt deal to stabilize the national debt so that it will no longer continue to grow faster than the economy. Its concerns were divided into two categories. First, the Americans are growing old and the consequent increases in entitlement costs cannot be sustained alone by the current tax collections for programs like Social Security. So, the government needs to create a framework to address the costs of an aging American population. This could require an increase in the age limit at which Social Security and Medicare Benefits could be accessed and to exclude those people who have savings or jobs from both of these programs.   The other crucial area of concerns highlighted by S&P is that budget cuts alone are not enough to reduce deficits. So taxes have to be increased to add revenue to the Treasury. While increasing revenue and cutting spending will help in reducing the deficit and help in balancing the budget. A cap on spending would act as sort of a stopgap preventing lawmakers from letting party politics put a blockade in the way on necessary steps towards the economic recovery of the US.   Analysts believe that the US needs to compromise on its defence budget also, which still supports large deployments of armed forces and material overseas. The US has commitments to NATO in Afghanistan and Iraq, and the federal government believes that it needs to support strategic initiatives in place like Japan. The government has to take strong steps in its policy towards these obligations to put the country's economy back on track.   The US owes maximum of its debt to China. So the Congress needs to put pressure on the Chinese government to alter the value of its currency to make the trade between the two countries fair. Furthermore, cheap goods exported by China have caused a loss of manufacturing jobs in the US, so the latter should place tariffs on more Chinese goods as a way to raise money and prevent dumping of pro
Paul Merrell

Ukraine, Georgia and Moldova to obtain non-NATO ally status, increase in transfer of mi... - 0 views

  • The U.S. Congress passed in two readings a Russian aggression prevention bill that provides major non-NATO ally status for Ukraine, Georgia, and Moldova (during the period in which each of such countries meets specified criteria) for purposes of the transfer or possible transfer of defense articles or defense services. The bill was submitted to the competent commission for being prepared for the final reading, APA reports, quoting the official website of the U.S. Congress. The bill directs President Barack Obama to increase U.S. Armed Forces interactions with the armed forces of Ukraine, Georgia, Moldova, Azerbaijan, Bosnia and Herzegovina, Kosovo, Macedonia, Montenegro, and Serbia; and U.S and NATO security assistance to such states. Armenia is not included in the list. The bill also amends the Natural Gas Act to apply the expedited application and approval process for natural gas exports to World Trade Organization members, and urges the U.S. Agency for International Development (USAID), the Trade and Development Agency, the Overseas Private Investment Corporation (OPIC), the World Bank Group, and the European Bank for Reconstruction to promote assistance to Ukraine, Georgia, and Moldova in order to exploit natural gas and oil reserves and to develop alternative energy sources.
  • The document prohibits any federal department or agency from taking any action that recognizes Russian Federation sovereignty over Crimea or otherwise endorses the Russian Federation’s illegal annexation of Crimea, and directs the Secretary of State to strengthen democratic institutions, the independent media, and political and civil society organizations in countries of the former Soviet Union; and increase educational and cultural exchanges with countries of the former Soviet Union.
Paul Merrell

Are The Middle East Wars Really About Forcing the World Into Dollars and Private Centra... - 0 views

  • Why is the U.S. targeting Iran’s central bank? Well, multi-billionaire Hugo Salinas Price told King World News: What happened to Mr. Gaddafi, many speculate the real reason he was ousted was that he was planning an all-African currency for conducting trade. The same thing happened to him that happened to Saddam because the US doesn’t want any solid competing currency out there vs the dollar. You know Gaddafi was talking about a gold dinar. And as I noted in August: Ellen Brown argues in the Asia Times that there were even deeper reasons for the war than gold, oil or middle eastern regime change. Brown argues that Libya – like Iraq under Hussein – challenged the supremacy of the dollar and the Western banks: Later, the same general said they planned to take out seven countries in five years: Iraq, Syria, Lebanon, Libya, Somalia, Sudan, and Iran. What do these seven countries have in common? In the context of banking, one that sticks out is that none of them is listed among the 56 member banks of the Bank for International Settlements (BIS). That evidently puts them outside the long regulatory arm of the central bankers’ central bank in Switzerland.
  • The most renegade of the lot could be Libya and Iraq, the two that have actually been attacked. Kenneth Schortgen Jr, writing on Examiner.com, noted that “[s]ix months before the US moved into Iraq to take down Saddam Hussein, the oil nation had made the move to accept euros instead of dollars for oil, and this became a threat to the global dominance of the dollar as the reserve currency, and its dominion as the petrodollar.” According to a Russian article titled “Bombing of Libya – Punishment for Ghaddafi for His Attempt to Refuse US Dollar”, Gaddafi made a similarly bold move: he initiated a movement to refuse the dollar and the euro, and called on Arab and African nations to use a new currency instead, the gold dinar. Gaddafi suggested establishing a united African continent, with its 200 million people using this single currency. *** And that brings us back to the puzzle of the Libyan central bank. In an article posted on the Market Oracle, Eric Encina observed:
  • One seldom mentioned fact by western politicians and media pundits: the Central Bank of Libya is 100% State Owned … Currently, the Libyan government creates its own money, the Libyan Dinar, through the facilities of its own central bank. Few can argue that Libya is a sovereign nation with its own great resources, able to sustain its own economic destiny. One major problem for globalist banking cartels is that in order to do business with Libya, they must go through the Libyan Central Bank and its national currency, a place where they have absolutely zero dominion or power-broking ability. Hence, taking down the Central Bank of Libya (CBL) may not appear in the speeches of Obama, Cameron and Sarkozy but this is certainly at the top of the globalist agenda for absorbing Libya into its hive of compliant nations.
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  • Adding credence to the theory about why Gadhafi had to be overthrown, as The New American reported in March, was the rebels’ odd decision to create a central bank to replace Gadhafi’s state-owned monetary authority. The decision was broadcast to the world in the early weeks of the conflict. In a statement describing a March 19 meeting, the rebel council announced, among other things, the creation of a new oil company. And more importantly: “Designation of the Central Bank of Benghazi as a monetary authority competent in monetary policies in Libya and appointment of a Governor to the Central Bank of Libya, with a temporary headquarters in Benghazi.” The creation of a new central bank, even more so than the new national oil regime, left analysts scratching their heads. “I have never before heard of a central bank being created in just a matter of weeks out of a popular uprising,” noted Robert Wenzel in an analysis for the Economic Policy Journal. “This suggests we have a bit more than a rag tag bunch of rebels running around and that there are some pretty sophisticated influences,” he added. Wenzel also noted that the uprising looked like a “major oil and money play, with the true disaffected rebels being used as puppets and cover” while the transfer of control over money and oil supplies takes place.
  • Similar scenarios involving the global monetary system — based on the U.S. dollar as a global reserve currency, backed by the fact that oil is traded in American money — have also been associated with other targets of the U.S. government. Some analysts even say a pattern is developing. Iran, for example, is one of the few nations left in the world with a state-owned central bank. And Iraqi despot Saddam Hussein, once armed by the U.S. government to make war on Iran, was threatening to start selling oil in currencies other than the dollar just prior to the Bush administration’s “regime change” mission. While most of the establishment press in America has been silent on the issue of Gadhafi’s gold dinar scheme, in Russia, China, and the global alternative media, the theory has exploded in popularity.
  • Posted on January 13, 2012 by WashingtonsBlog The Reason for the Wars in the Middle East and North Africa:  Dollars The Middle Eastern and North African wars – planned 20 years ago – don’t necessarily have much to do with fighting terrorism. See this,  this and this. They are, in reality, about oil. And protecting Israel (and read the section entitled “Securing the Realm” here). But as AFP reports today, there is another major motivation for the expanding wars: The latest round of American sanctions are aimed at shutting down Iran’s central bank, a senior US official said Thursday, spelling out that intention directly for the first time. “We do need to close down the Central Bank of Iran (CBI),” the official told reporters on condition of anonymity, while adding that the United States is moving quickly to implement the sanctions, signed into law last month. *** Foreign central banks that deal with the Iranian central bank on oil transactions could also face similar restrictions under the new law, which has sparked fears of damage to US ties with nations like Russia and China. “If a correspondent bank of a US bank wants to do business with us and they’re doing business with CBI or other designated Iranian banks… then they’re going to get in trouble with us,” the US official said.
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    I only highlighted snippets. Lots more and lots of links. 
Paul Merrell

The Stunning Hypocrisy of the U.S. Government | Washington's Blog - 0 views

  • Congress has exempted itself from the prohibition against trading on inside information … the law that got Martha Stewart and many other people thrown in jail. There are many other ways in which the hypocrisy of the politicians in D.C. is hurting our country. Washington politicians say we have to slash basic services, and yet waste hundreds of billions of dollars on counter-productive boondoggles. If the politicos just stopped throwing money at corporate welfare queens, military and security boondoggles and pork, harmful quantitative easing, unnecessary nuclear subsidies, the failed war on drugs, and other wasted and counter-productive expenses, we wouldn’t need to impose austerity on the people. The D.C. politicians said that the giant failed banks couldn’t be nationalized, because that would be socialism. Instead of temporarily nationalizing them and then spinning them off to the private sector – or breaking them up – the politicians have bailed them out to the tune of many tens of billions of dollars each year, and created a system where all of the profits are privatized, and all of the losses socialized. Obama and Congress promised help for struggling homeowners, and passed numerous bills that they claimed would rescue the little guy. But every single one of these bills actually bails out the banks … and doesn’t really help the homeowner.
  • The Federal Reserve promises to do everything possible to reduce unemployment. But its policies are actually destroying jobs. Many D.C. politicians pay lip service to helping the little guy … while pushing policies which have driven inequality to levels surpassing slave-owning societies. The D.C. regulators pretend that they are being tough on the big banks, but are actually doing everything they can to help cover up their sins. Many have pointed out Obama’s hypocrisy in slamming Bush’s spying programs … and then expanding them (millions more). And in slamming China’s cyber-warfare … while doing the same thing. And – while the Obama administration is spying on everyone in the country – it is at the same time the most secretive administration ever (background). That’s despite Obama saying he’s running the most transparent administration ever.
  • Glenn Greenwald – the Guardian reporter who broke the NSA spying revelations – has documented for many years the hypocritical use of leaks by the government to make itself look good … while throwing the book at anyone who leaks information embarrassing to the government. Greenwald notes today: Prior to Barack Obama’s inauguration, there were a grand total of three prosecutions of leakers under the Espionage Act (including the prosecution of Dan Ellsberg by the Nixon DOJ). That’s because the statute is so broad that even the US government has largely refrained from using it. But during the Obama presidency, there are now seven such prosecutions: more than double the number under all prior US presidents combined.
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  • The irony is obvious: the same people who are building a ubiquitous surveillance system to spy on everyone in the world, including their own citizens, are now accusing the person who exposed it of “espionage”. It seems clear that the people who are actually bringing “injury to the United States” are those who are waging war on basic tenets of transparency and secretly constructing a mass and often illegal and unconstitutional surveillance apparatus aimed at American citizens – and those who are lying to the American people and its Congress about what they’re doing – rather than those who are devoted to informing the American people that this is being done.
  • Similarly, journalists who act as mere stenographers for the government who never criticize in more than a superficial fashion are protected and rewarded … but reporters who actually report on government misdeeds are prosecuted and harassed. Further, the biggest terrorism fearmongers themselves actually support terrorism. And see this. In the name of fighting terrorism, the U.S. has been directly supporting Al Qaeda and other terrorists and providing them arms, money and logistical support in Syria, Libya, Mali, Bosnia, Chechnya, Iran, and many other countries … both before and after 9/11. And see this. The American government has long labeled foreigners as terrorists for doing what America does. Moreover, government officials may brand Americans as potential terrorists if they peacefully protest, complain about the taste of their water, or do any number of other normal, all-American things.
  • This is especially hypocritical given that liberals like Noam Chomsky and conservatives like the director of the National Security Agency under Ronald Reagan (Lt. General William Odom) all say that the American government is the world’s largest purveyor of terrorism. As General Odom noted: Because the United States itself has a long record of supporting terrorists and using terrorist tactics, the slogans of today’s war on terrorism merely makes the United States look hypocritical to the rest of the world. These are just a couple of ways in which the D.C. politicians are hypocrites.
Paul Merrell

Putin Advisor Proposes "Anti-Dollar Alliance" To Halt US Aggression Abroad | Zero Hedge - 0 views

  • It has been a while since both Ukraine, and the ongoing Russian response to western sanctions (which set off the great Eurasian axis in motion, pushing China and Russia close together, and accelerating the "Holy Grail" gas deal between the two countries) have made headlines. It is still not clear just why the western media dropped Ukraine coverage like a hot potato, especially since the civil war in Ukraine's Donbas continues to rage and claim dozens of casualties on both sides. Perhaps the audience has simply gotten tired of hearing about mixed chess/checkers game between Putin vs Obama, and instead has reverted to reading the propaganda surrounding just as deadly events in the third war of Iraq in as many decades. However, "out of sight" may be just what Russia's political elite wants. In fact, as VoR's  Valentin Mândr??escu reports, while the great US spin and distraction machine is focused elsewhere, Russia is already preparing for the next steps. Which brings us to Putin advisor Sergey Glazyev, the same person who in early March was the first to suggest Russia dump US bonds and abandon the dollar in retaliation to US sanctions, a strategy which worked because even as the Kremlin has retained control over Crimea, western sanctions have magically halted (and not only that, but as the Russian central bank just reported, the country's 2014 current account surplus may be as high as $35 billion, up from $33 billion in 2013, and a far cry from some fabricated "$200+ billion" in Russian capital outflows which Mario Draghi was warning about recently). Glazyev was also the person instrumental in pushing the Kremlin to approach China and force the nat gas deal with Beijing which took place not necessarily at the most beneficial terms for Russia.
  • It is this same Glazyev who published an article in Russian Argumenty Nedeli, in which he outlined a plan for "undermining the economic strength of the US" in order to force Washington to stop the civil war in Ukraine. Glazyev believes that the only way of making the US give up its plans on starting a new cold war is to crash the dollar system. As summarized by VoR, in his article, published by Argumenty Nedeli, Putin's economic aide and the mastermind behind the Eurasian Economic Union, argues that Washington is trying to provoke a Russian military intervention in Ukraine, using the junta in Kiev as bait. If fulfilled, the plan will give Washington a number of important benefits. Firstly, it will allow the US to introduce new sanctions against Russia, writing off Moscow's portfolio of US Treasury bills. More important is that a new wave of sanctions will create a situation in which Russian companies won't be able to service their debts to European banks. According to Glazyev, the so-called "third phase" of sanctions against Russia will be a tremendous cost for the European Union. The total estimated losses will be higher than 1 trillion euros. Such losses will severely hurt the European economy, making the US the sole "safe haven" in the world. Harsh sanctions against Russia will also displace Gazprom from the European energy market, leaving it wide open for the much more expensive LNG from the US.
  • Co-opting European countries in a new arms race and military operations against Russia will increase American political influence in Europe and will help the US force the European Union to accept the American version of the Transatlantic Trade and Investment Partnership, a trade agreement that will basically transform the EU into a big economic colony of the US. Glazyev believes that igniting a new war in Europe will only bring benefits for America and only problems for the European Union. Washington has repeatedly used global and regional wars for the benefit of  the American economy and now the White House is trying to use the civil war in Ukraine as a pretext to repeat the old trick. Glazyev's set of countermeasures specifically targets the core strength of the US war machine, i.e. the Fed's printing press. Putin's advisor proposes the creation of a "broad anti-dollar alliance" of countries willing and able to drop the dollar from their international trade. Members of the alliance would also refrain from keeping the currency reserves in dollar-denominated instruments. Glazyev advocates treating positions in dollar-denominated instruments like holdings of junk securities and believes that regulators should require full collateralization of such holdings. An anti-dollar coalition would be the first step for the creation of an anti-war coalition that can help stop the US' aggression.
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  • Unsurprisingly, Sergey Glazyev believes that the main role in the creation of such a political coalition is to be played by the European business community because America's attempts to ignite a war in Europe and a cold war against Russia are threatening the interests of big European business. Judging by the recent efforts to stop the sanctions against Russia, made by the German, French, Italian and Austrian business leaders, Putin's aide is right in his assessment. Somewhat surprisingly for Washington, the war for Ukraine may soon become the war for Europe's independence from the US and a war against the dollar.
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    Russia takes aim at the Fed's printing press with a U.S. dollar boycott to end the war in Ukraine. There are a lot of incentives for EU investors to join the boycott. Interesting idea; I'll need to think about this.  
Paul Merrell

Europe and Ukraine: A tale of two elections - RT Op-Edge - 0 views

  • Circumstances surrounding the European and Ukrainian elections were far from being a mere coincidence. The regime changers in Kiev decided to hold a presidential election on May 25, the same day as European Parliament elections, in order to demonstrate their desire to follow a European-centric foreign policy.
  • Way beyond the established fact of an Atlantic push against Russian western borderlands, Ukraine remains a catfight of local oligarchies. No wonder the new Ukrainian president is also an oligarch; the 7th wealthiest citizen in the land, who owns not just a chocolate empire, but also automotive plants, a shipyard in Crimea and a TV channel. The only difference is that he’s a NATO oligarch
  • Meanwhile, in NATOstan, local and transnational elites have been desperately trying to spin a measure of success. Abstention remains notable – only roughly 4 in 10 Europeans take the trouble to vote on what goes on in Strasbourg, with a majority alienated enough to legitimize the mix of internal European austerity and international belligerence.
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  • Hardly discussed in the pre-vote campaigns were the Snowden NSA revelations; the shady negotiations between Washington and Brussels over a free trade agreement which will be a boon for US Big Business; and how the financial casino supervised by the European Central Bank, the IMF, and the European Commission (EC) will remain untouched, further ravaging the European middle classes. The anti-EU crowd performed very well in France, the UK, Denmark and Greece. Not so well in Italy and the Netherlands. The mainstream did relatively well in Germany and ultraconservative Spain – even though losing votes to small parties.
  • Essentially, European voters said two things out loud: either “the EU sucks,” or “we couldn’t care less about you, Eurocrat suckers.” As if that sea of lavishly pensioned Brussels apparatchiks – the Eurocrats - would care. After all, their mantra is that “democracy” is only good for others (even Ukrainians…) but not for the EU; when the European flock of sheep votes, they should only be allowed to pick obscure Brussels-peddled and Brussels-approved treaties. Brussels, anyway, is bound to remain the Kafkaesque political epitome of centralized control and red tape run amok. No wonder the EU is breathlessly pivoting with itself as the global economy relentlessly pivots to Asia.
  • To believe that an EU under troika austerity will bail Kiev out of its massive outstanding debts is wishful thinking. The recipe - already inbuilt in the $17 billion IMF “rescue” package is, of course, austerity. Oligarchs will remain in control, while assorted plunderers are already lining up. Former US Secretary of State Madeleine Albright – for whom hundreds of thousands of Iraqi children were expendable – “observed” the elections, and most of all observed how to privatize Telecom Ukraine, as she is doing now with Telekom Kosovo. There’s no evidence Right Sector and Svoboda will cease to be crypto-fascist, racist and intolerant just because Poroshenko – the King of Ukrainian Chocolate – is now the president. By the way, his margin for maneuver is slim, as his own markets – not to mention some of his factories – are in Russia. Heavy industry and the weapons industry in eastern Ukraine depend on Russian demand. It would take at least a whopping $276 billion for the West to “stabilize” eastern Ukraine. The notion of the EU “saving” Ukraine is D.O.A.
  • Moscow, once again, just needs to do what it is doing: nothing. And make sure there will be no economic or political help unless a federalized – and Finlandized - Ukraine with strong regions sees the light of day. Even the Brookings Institution has reluctantly been forced to admit that the US neo-con gambit has failed miserably; there’s no Ukraine without Russian help.
  • Signs so far are mixed. Poroshenko said Ukraine could “possibly” become an EU member state by 2025 (it won’t happen). He ruled out entering NATO (wise move). He rejects federalization (dumb move). He believes that with a strong economy Crimea would want to be back (wishful thinking). Still, he believes in reaching a compromise with Moscow (that’s what Moscow always wanted, even before regime change).
  • Back in NATOstan, there’s the crucial point of what happens to the ultra-right-wing anti-EU brigade in the Parliament in Strasbourg. They may all abhor the EU, but the fact is this ideological basket case will hardly form an alliance.
  • What this ultimately means is that conservative and moderate parties, as per the status quo, will remain in control, expressed via an extremely likely coalition of the European People’s Party (center-right) and the Socialists and Democrats (center-left). What comes next, in the second half of 2014, is the appointment of a new EU Commission. That’s Kafka redux, as in the bureaucrat-infested executive arm of the EU, which shapes the agenda, sort of (when it’s not busy distributing subventions in color-coded folders for assorted European cows.) There are 5 candidates fighting for the position of EC president. According to the current EU treaty, member states have to consider the result of EU Parliament elections when appointing a new president. Germany wants a conservative. France and Italy want a socialist. So expect a tortuous debate ahead to find who will succeed the spectacularly mediocre Jose Manuel Barroso. The favorite is a right-winger of the European People’s Party, former Prime Minister of Luxembourg Jean-Claude Juncker. He is an avid defender of banking secrecy while posing himself as a champion of “market social economy.”
  • Then there’s more Kafka: choosing the new president of the EU Council and the High Representative for Foreign Affairs. Translation: the EU won’t decide anything, or “reform” anything for months. That includes the critical negotiations with the Americans over the free trade deal. It’s absolutely impossible to spin these Sunday elections as not discrediting even more the EU project as it stands. As I’ve seen for myself, since early 2014, in 5 among the top EU countries, what matters for the average citizen is as follows: how to deal with immigration; how to fight the eradication of the welfare state; the implications of the free trade agreement with the US; the value of the euro –including an absurdly high cost of living; and what the ECB mafia is actually doing to fight unemployment.
  • With Kafka in charge for the foreseeable future, what’s certain is that Paris and Berlin will drift further and further apart. There will be no redesign of the EU’s institutions. And the next Parliament, filled with sound and fury, will be no more than a hostage of the devastating, inexorable political fragmentation of Europe. “Saving” Ukraine? What a joke. The EU cannot even save itself.
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    Pepe Escobar's take on the Presidential election in Ukraine and the EU-wide national election of EU Parliament members, both held on the same day. Excerpts only highlighted.  
Paul Merrell

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

  • (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.
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  • 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.
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    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!
Paul Merrell

Asia Times Online :: Central Asian News and current affairs, Russia, Afghanistan, Uzbek... - 0 views

  • Here's the US's exceptionalist promotion of "democracy" in action; Washington has recognized a coup d'etat in Ukraine that regime-changed a - for all its glaring faults - democratically elected government. And here is Russian President Vladimir Putin, already last year, talking about how Russia and China decided to trade in roubles and yuan, and stressing how Russia needs to quit the "excessive monopoly" of the US dollar. He had to be aware the Empire would strike back. Now there's more; Russian presidential adviser Sergey Glazyev <a href='http://asianmedia.com/GAAN/www/delivery/ck.php?n=a9473bc7&cb=%n' target='_blank'><img src='http://asianmedia.com/GAAN/www/delivery/avw.php?zoneid=36&cb=%n&n=a9473bc7&ct0=%c' border='0' alt='' ></a> told RIA Novosti, "Russia will abandon the US dollar as a reserve currency if the United States initiates sanctions against the Russian Federation." So the Empire struck back by giving "a little help" to regime change in the Ukraine. And Moscow counter-punched by taking control of Crimea in less than a day without firing a shot - with or without crack Spetsnaz brigades (UK-based think tanks say they are; Putin says they are not).
  • Putin's assessment of what happened in Ukraine is factually correct; "an anti-constitutional takeover and armed seizure of power". It's open to endless, mostly nasty debate whether the Kremlin overreacted or not. Considering the record of outright demonization of both Russia and Putin going on for years - and now reaching fever pitch - the Kremlin's swift reaction was quite measured. Putin applied Sun Tzu to the letter, and now plays the US against the EU. He has made it clear Moscow does not need to "invade" Ukraine. The 1997 Ukraine-Russia partition treaty specifically allows Russian troops in Crimea. And Russia after all is an active proponent of state sovereignty; it's under this principle that Moscow refuses a Western "intervention" in Syria. What he left the door open for is - oh cosmic irony of ironies - an American invention/intervention (and that, predictably, was undetectable by Western corporate media); the UN's R2P - "responsibility to protect" - in case the Western-aligned fascists and neo-nazis in Ukraine threaten Russians or Russian-speaking civilians with armed conflict. Samantha Power should be proud of herself.
  • The "West" once again has learned you don't mess with Russian intelligence, which in a nutshell preempted in Crimea a replica of the coup in Kiev, largely precipitated by UNA-UNSO - a shady, ultra-rightwing, crack paramilitary NATO-linked force using Ukraine as base, as exposed by William Engdahl. And Crimea was an even murkier operation, because those neo-nazis from Western Ukraine were in tandem with Tatar jihadis (the House of Saud will be heavily tempted to finance them from now on). The Kremlin is factually correct when pointing out that the coup was essentially conducted by fascists and ultra-right "nationalists" - Western code for neo-nazis. Svoboda ("Freedom") party political council member Yury Noyevy even admitted openly that using EU integration as a pretext "is a means to break our ties with Russia." Western corporate media always conveniently forgets that Svoboda - as well as the Right Sector fascists - follow in the steps of Galician fascist/terrorist Stepan Bandera, a notorious asset of a basket of "Western" intel agencies. Now Svoboda has managed to insert no less than six bigwigs as part of the new regime in Kiev.
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  • And even as 66% of Russian gas exported to the EU transits through Ukraine, the country is fast losing its importance as a transit hub. Both the Nord Stream and South Stream pipelines - Russia not on-the-ground but under-seas - bypass Ukraine. The Nord Stream, finished in 2011, links Russia with Germany beneath the Baltic Sea. South Stream, beneath the Black Sea, will be ready before the end of 2015. Geoeconomically, the Empire needs Ukraine to be out of the Eurasian economic union promoted by the Kremlin - which also includes Kazakhstan and Belarus. And geopolitically, when NATO Secretary General, the vain puppet Anders Fogh Rasmussen, said that an IMF-EU package for the Ukraine would be "a major boost for Euro-Atlantic security", this is what clinched it; the only thing that matters in this whole game is NATO "annexing" Ukraine, as I examined earlier. It has always been about the Empire of Bases - just like the encirclement of Iran; just like the "pivot" to Asia translating into encirclement of China; just like encircling Russia with bases and "missile defense". Over the Kremlin's collective dead body, of course.
  • Then there are the new regional governors appointed to the mostly Russophone east and south of Ukraine. They are - who else - oligarchs, such as billionaires Sergei Taruta posted to Donetsk and Ihor Kolomoysky posted in Dnipropetrovsk. People in Maidan in Kiev were protesting mostly against - who else - kleptocrat oligarchs. Once again, Western corporate media - which tirelessly plugged a "popular" uprising against kleptocracy - hasn't noticed it.
  • Ukraine's foreign currency reserves, only in the past four weeks, plunged from US$17.8 billion to $15 billion. Wanna buy some hryvnia? Well, not really; the national currency, is on a cosmic dive against the US dollar. This is jolly good news only for disaster capitalism vultures. And right on cue, the International Monetary Fund is sending a "fact-finding mission" to Ukraine this week. Ukrainians of all persuasions may run but they won't hide from "structural adjustment". They could always try to scrape enough for a ticket with their worthless hryvnia (being eligible for visa on arrival in Thailand certainly helps). European banks - who according to the Bank for International Settlements (BIS) hold more than $23 billion in outstanding loans - could lose big in Ukraine. Italian banks, for instance, have loaned nearly $6 billion. On the Pipelineistan front, Ukraine heavily depends on Russia; 58% of its gas supply. It cannot exactly diversify and start buying from Qatar tomorrow - with delivery via what, Qatar Airways?
  • US Secretary of State John Kerry accusing Russia of "invading Ukraine", in "violation of international law", and "back to the 19th century", is so spectacularly pathetic in its hypocrisy - once again, look at the US's record - it does not warrant comment from any informed observer. Incidentally, this is as pathetic as his offer of a paltry $1 billion in "loan guarantees" - which would barely pay Ukraine's bills for two weeks. The Obama administration - especially the neo-cons of the "F**k the EU" kind - has lost is power play. And for Moscow, it has no interlocutor in Kiev because it considers the regime-changers illegal. Moscow also regards "Europe" as a bunch of pampered whining losers - with no common foreign policy to boot. So any mediation now hinges on Germany. Berlin has no time for "sanctions" - the sacrosanct American exceptionalist mantra; Russia is a plush market for German industry. And for all the vociferations at the Economist and the Financial Times, the City of London also does not want sanctions; the financial center feeds on lavish Russian politico/oligarch funds. As for the West's "punishment" for Russia by threatening to expel it from the Group of Eight, that is a joke. The G-8, which excludes China, does not decide anything relevant anymore; the G-20 does.
  • If a wide-ranging poll were to be conducted today, it would reveal that the majority of Ukrainians don't want to be part of the EU - as much as the majority of Europeans don't want the Ukraine in the EU. What's left for millions of Ukrainians is the bloodsucking IMF, to be duly welcomed by "Yats" (as Prime Minister Yatsenyuk is treated by Vic "F**k the EU" Nuland). Ukraine is slouching towards federalization. The Kiev regime-changers will have no say on autonomous Crimea - which most certainly will remain part of Ukraine (and Russia by the way will save $90 million in annual rent for the Sevastopol base, which until now was payable to Kiev.) The endgame is all but written; Moscow controls an autonomous Crimea for free, and the US/EU "control", or try to plunder, disaster capitalism-style, a back of beyond western Ukraine wasteland "managed" by a bunch of Western puppets and oligarchs, with a smatter of neo-nazis. So what is the Obama/Kerry strategic master duo to do? Start a nuclear war?
Paul Merrell

Why the United States Always Loses Its Wars | Global Research - 0 views

  • America loses all its wars because it seems we’ve always been on the wrong side of history. Morally nor legally should any nation have the right to invade and occupy another sovereign nation, much less believe it can achieve victory in long, protracted wars. Yet in violation of all ethical precepts and all international laws, the sole global superpower citing its impunity through exceptionalism hypocritically insists it can maintain its moral high ground in its relentless pursuit of regime changes anywhere it so chooses on earth. We are the global village bully that’s hated by much of the world. And it’s pure self-aggrandizing bullshit to perpetrate the myth that America is hated because of our “freedom,” another rhetorical brainwashing lie. We now live in a fascist totalitarian police state run by a globalized crime syndicate of the central banking cabal. As of last April per a Princeton-Northwestern study the US has officially been designated an oligarchy. Last year after a group of ethnic Russians living in Crimea voted to become part of Russia, the Russian military claimed control over its own naval base there that the US-NATO had been lusting to steal after the unlawful overthrow of Ukraine’s democratically elected sovereign government. Ever since it’s been nonstop lies and propaganda propagated to demonize Putin as the aggressor when in fact all along it’s the American Empire that’s been recklessly pushing what could end up World War III against nuclear powered Russia. With US-NATO missiles installed on Russia’s doorstep in virtually every former Soviet eastern bloc nation, hemming Russia in, who’s really the aggressor here?
  • Meanwhile, despite costing US taxpayers up to six trillion dollars and counting in Iraq alone and another trillion so far in Afghanistan in this age of increasing austerity, the albeit detached reverence for the US military and its abysmal losing war record fail to draw much notice or reflection, much less any real criticism or troubleshooting that might correct the same pattern of mistakes being repeated indefinitely. Another article in the same issue calls for resurrecting the draft as the feeble answer, something my ex-West Point roommate-former Afghan Ambassador-retired general and current Council on Foreign Relations (CFR) member Karl Eikenberry has also publicly advocated. They are all missing the point, unwilling or unable to address the pink elephant in the global room. Respected author-activist David Swanson wrote an incisive rebuttal also confronting the Atlantic article for not answering the obvious question of why America loses at war. He makes the excellent point: The U.S. has killed huge numbers of men, women, and children, made itself hated, made the world more dangerous, destroyed the environment, discarded civil liberties, and wasted trillions of dollars that could have done a world of good spent otherwise. A draft would do nothing to make people aware of that situation. But Swanson merely glides over as a passing fact that the ruling elite is the only entity that stands to gain from war. He fails to emphasize that it is the elite’s power, money and influence that both initiates, but then by calculated design, willfully sabotages the chance of any US military victory after World War II. The reason is simple. If the US triumphed in war it would only delay the totalitarian New World Order from materialization. Only a weakened United States would expeditiously promote a one world government.
  • As a brief historical review tracing events from the dawn of the twentieth century, media mogul Randolph Hearst used the false flag of the Spanish American War to “remember the USS Maine” sinking in the 1898 Havana harbor as its deceitful justification to ruthlessly, violently colonize Cuba and the Philippines, committing ethnic cleansing with estimates as high as near a half million dead Filipinos in that bloodbath. Then it was the “great” English statesman Winston Churchill who plotted the sinking of the Lusitania killing nearly 1200 of his own British citizens (along with 128 Americans) as the baited sacrifice secretly carrying arms to ignite the First World War that was supposed to end all wars.
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  • Then several years later the US encouraged South Korean incursions into Communist North Korea in order to manipulate North Korea into responding in kind. Guaranteeing South Korea full UN support, when the baited North Koreans retaliated by moving two miles inside the South Korean border, that June 1950 “transgression” immediately became the false pretense used to initiate the Korean War.
  • in August 1964 President Johnson lied to the American people with the bogus claim that a US Navy ship was attacked by North Vietnamese gunboats in the Gulf of Tonkin to launch America’s longest running war in history (that is until this century’s everlasting war of terror). That false flag cost near 60,000 American lives and over 3 million dead Southeast Asians, in addition to being the first US humiliating war defeat in its history, marking the first of many consecutive losses.
  • The smaller, less intensive military campaigns of Grenada, Panama, Nicaragua and El Salvador, the First Gulf War, Haiti, Bosnia and Kosovo were all jingoistic saber rattling manipulations of imperialistic Empire overpowering far weaker opponents to take down former US allied dictators (or in the case of Saddam Hussein a preliminary step to the father-son neocon tag team), balkanizing a divide and conquer strategy for global hegemony and imperial war profiteering from the always lucrative drug trafficking trade.
  • Meanwhile, the only true winners of all wars is the oligarch owned and controlled central banking cabal and its Wall Street 500. Once American Empire wreaks military havoc to achieve another ravaged failed state, be it Afghanistan, Iraq, Libya, Somalia, Yemen, a second invasion that becomes the permanent occupation arrives in the form of IMF and World Bank loans. When the war destroyed nation cannot pay the bankster cabal’s loan shark extortion, privatization through transnational corporations rapidly descends as economic hit men-vultures move in for the final kill. The game’s been rigged, set up so no one but the filthy, gluttonous, bloodthirsty, psychopathic vampires comprising the ruling elite can possibly win from all this rigged warring death and destruction.
  • The Zionist neocon creation with a little help from their Saudi-Israeli evil axis friends pulled off the coup of the century on 9/11, massacring 3,000 Americans as their sacrificial lambs, setting into motion the fabricated war on terror masking their actual war on Islam to ensure that a constant fresh supply of made-by-the-USA enemy materializes to justify permanent global violence. During the near ten years that Americans fought in Iraq near a half million Iraqis lost their life, mostly innocent civilians. That toll has only since risen with war still raging. The Islamic State jihadists that the US-Saudi-Israeli unholy alliance secretly created, trained, armed and has funded (just as it did al Qaeda for decades) invaded Iraq last June and is currently in control of more area in Iraq than the weak US puppet government in Baghdad with no end of sectarian violence in sight. Afghanistan looks no better with the puppet Kabul government holding less territory than the surging Taliban that has been waiting for the US military exodus by December 2014 leaving 10,800 US military advisors still remaining behind.
  • The proxy wars leaving Libya as a corrupt and lawlessly violent failed state and Syria a stalemated quagmire with Islamic State mercenaries our not-so-secret friendly boots on the ground still unable to topple and remove Assad from power. Meanwhile, near a quarter of a million people have died in the war in Syria and an astounding 6.5 million have been displaced in that colossal human tragedy supported and caused by the United States.
Paul Merrell

Israel: Businesses Should End Settlement Activity « LobeLog - 0 views

  • Businesses should stop operating in, financing, servicing, or trading with Israeli settlements in order to comply with their human rights responsibilities, Human Rights Watch said in a report released today. Those activities contribute to and benefit from an inherently unlawful and abusive system that violates the rights of Palestinians. The 162-page report, “Occupation, Inc.: How Settlement Businesses Contribute to Israel’s Violations of Palestinian Rights,” documents how settlement businesses facilitate the growth and operations of settlements. These businesses depend on and contribute to the Israeli authorities’ unlawful confiscation of Palestinian land and other resources. They also benefit from these violations, as well as Israel’s discriminatory policies that provide privileges to settlements at the expense of Palestinians, such as access to land and water, government subsidies, and permits for developing land.
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    This is highly significant because Human Rights Watch functions as a covert arm of the U.S. government.
Paul Merrell

"The War is Worth Waging": Afghanistan's Vast Reserves of Minerals and Natural Gas | Gl... - 0 views

  • US and NATO forces invaded Afghanistan more than 13 years ago in October 2001.   Afghanistan is defined as a state sponsor of terrorism. The war on Afghanistan continues to be heralded as a war of retribution in response to the 9/11 attacks.  This article, first published in June 2010, points to the “real economic reasons”  why US-NATO forces invaded Afghanistan in the wake of 9/11. 
  • The legal argument used by Washington and NATO to invade and occupy Afghanistan under “the doctrine of collective security” was that the September 11 2001 attacks constituted an undeclared “armed attack” “from abroad” by an unnamed foreign power, namely Afghanistan. Under the proposed Afghan-US security pact,  which is an integral part of Obama’s Asian pivot, Washington and its NATO partners are preparing to ensure a permanent military presence in Afghanistan, with military facilities located in proximity of China’s Western frontier.  The pact would allow the US to maintain their nine permanent military bases, strategically located on the borders of  China, Pakistan and Iran as well as Turkmenistan, Uzbekistan and Tajikistan. In addition to its vast mineral and gas reserves, Afghanistan produces more than 90 percent of the World’s supply of opium which is used to produce grade 4 heroin. US military bases in Afghanistan are also intent upon protecting the multibillion narcotics trade.  Narcotics, at present, constitutes the centerpiece of Afghanistan’s export economy.
  • The heroin trade, instated at the outset of the Soviet-Afghan war in 1979 and protected by the CIA, generates cash earnings in Western markets in excess of $200 billion dollars a year. “The highest concentration of NATO servicemen in Afghanistan is being accompanied with the highest concentration of opium poppy, ….  That situation causes doubts about the anti-terrorist mission and leads to the conclusion about catastrophic consequences of the eight-year stay [of coalition forces] in Afghanistan,” (Russia’s Federal Drug Control Service head Viktor Ivanov, January 2010)
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    It bears notice that Afghanistan was one nation targeted for capture by the neocon Project for the New American Century's Rebuilding American Defenses report in 2000, specifically because of Afghanistan's abundant natural resources detailed in this article. The PNAC report also advocated for a natural gas pipeline passing through Afghanistan. That is the same report that said a "new Pearl Harbor" would be needed to create public support for the plan's execution. Enter 9-11 from stage left as just such a justification for invasion of Afghanistan (and later Iraq, another targeted nation). Several of the PNAC report authors and signatories went on to become high ranking members of the U.S. State and Defense departments when Bush II took office in January 2001. Notably, the PNAC report and above history provides irrefutable evidence that key U.S. policymakers had military goals for Afghanistan before 9-11 because of that nation's natural resources.  
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