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Paul Merrell

Review & Outlook: Loose Lips on Syria - WSJ.com - 0 views

  • An American military attack on Syria could begin as early as Thursday and will involve three days of missile strikes, according to "senior U.S. officials" talking to NBC News. The Washington Post has the bombing at "no more than two days," though long-range bombers could "possibly" join the missiles. "Factors weighing into the timing of any action include a desire to get it done before the president leaves for Russia next week," reports CNN, citing a "senior administration official." The New York Times, quoting a Pentagon official, adds that "the initial target list has fewer than 50 sites, including air bases where Syria's Russian-made attack helicopters are deployed." The Times adds that "like several other military officials contacted for this report, the official agreed to discuss planning options only on condition of anonymity." Thus do the legal and moral requirements of secret military operations lose out in this Administration to the imperatives of in-the-know spin and political gestures.
  • It's always possible that all of this leaking about when, how and for how long the U.S. will attack Syria is an elaborate head-fake, like Patton's ghost army on the eve of D-Day, poised for the assault on Calais. But based on this Administration's past behavior, such as the leaked bin Laden raid details, chances are most of this really is the war plan. Which makes us wonder why the Administration even bothers to pursue the likes of Edward Snowden when it is giving away its plan of attack to anyone in Damascus with an Internet connection. The answer, it seems, is that the attack in Syria isn't really about damaging the Bashar Assad regime's capacity to murder its own people, much less about ending the Assad regime for good. "I want to make clear that the options that we are considering are not about regime change," White House spokesman Jay Carney said Tuesday. Translation: We're not coming for you, Bashar, so don't worry. And by the way, you might want to fly those attack choppers off base, at least until next week.
  • So what is the purpose of a U.S. attack? Mr. Carney elaborated that it's "about responding to [a] clear violation of an international standard that prohibits the use of chemical weapons." He added that the U.S. had a national security interest that Assad's use of chemical weapons "not go unanswered." This is another way of saying that the attacks are primarily about making a political statement, and vindicating President Obama's ill-considered promise of "consequences," rather than materially degrading Assad's ability to continue to wage war against his own people. It should go without saying that the principal purpose of a military strike is to have a military effect. Political statements can always be delivered politically, and U.S. airmen should not be put in harm's way to deliver what amounts to an extremely loud diplomatic demarche. That's especially so with a "do something" strike that is, in fact, deliberately calibrated to do very little. We wrote Tuesday that there is likely to be no good outcome in Syria until Assad and his regime are gone. Military strikes that advance that goal—either by targeting Assad directly or crippling his army's ability to fight—deserve the support of the American people and our international partners. That's not what this Administration seems to have in mind.
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    This typically pompous Wall Street Journal editorial gets part of it right but ignores several elephants in the room. -- No way this goes down without Russia having agreed to it. Russia's only foreign military base is a naval port in Syria. Russia has deployed anti-aircraft missile batteries in Syria. Russia has supplied the Syrian government with state-of-the-art antiaircraft shoulder-held missiles. Several months ago, the Russians moved a fleet of warships into the Mediterranean for the first time, to protect Syria from foreign attack, including at least one submarine equipped with anti-ship missiles.  The U.S. and Russia have been engaged in building up their forces positioned around for over a year, in an escalating fashion. Russia has a huge economic incentive to keep Assad in power because he is blocking the natural gas pipeline that western interests want to run through Syria Russia has also built up its forces within Syria, a pipeline that would break Russia's near-monopoly on supplying natural gas to the European Union. A direct military intervention in Syria doesn't go down without Russia's approval, notwithstanding what their later statements might be. Obama is an accomplished liar but he's politically timid. Touching off World War III is not on his agenda. 2. Iran also has to acquiesce in advance. Syria and Iran have a mutual defense treaty, the first announced in 2005, a later treaty announced in 2008. http://tinyurl.com/oez2dq7 (.) Thousands of crack Iranian Revolutionary Guards troops are already stationed in Syria. As the only other Shia-majority state in the region, Syria is critical to Iran's own defense. Iran has the ability to close the Straits of Hormuz, thereby toppling the western world economy as petroleum supplies suddenly dry up. The U.S. Navy lacks the ability to quickly clear the Straits of mines, as was proved in embarrassingly bad tests the U.S. Navy did last year. Iran is not a world power but its military might is nothing to sneez
Paul Merrell

Cover Story: How NSA Spied on Merkel Cell Phone from Berlin Embassy - SPIEGEL ONLINE - 0 views

  • According to SPIEGEL research, United States intelligence agencies have not only targeted Chancellor Angela Merkel's cellphone, but they have also used the American Embassy in Berlin as a listening station. The revelations now pose a serious threat to German-American relations.
  • Research by SPIEGEL reporters in Berlin and Washington, talks with intelligence officials and the evaluation of internal documents of the US' National Security Agency and other information, most of which comes from the archive of former NSA contractor Edward Snowden, lead to the conclusion that the US diplomatic mission in the German capital has not merely been promoting German-American friendship. On the contrary, it is a nest of espionage. From the roof of the embassy, a special unit of the CIA and NSA can apparently monitor a large part of cellphone communication in the government quarter. And there is evidence that agents based at Pariser Platz recently targeted the cellphone that Merkel uses the most. The NSA spying scandal has thus reached a new level, becoming a serious threat to the trans-Atlantic partnership. The mere suspicion that one of Merkel's cellphones was being monitored by the NSA has led in the past week to serious tensions between Berlin and Washington.
  • A "top secret" classified NSA document from the year 2010 shows that a unit known as the "Special Collection Service" (SCS) is operational in Berlin, among other locations. It is an elite corps run in concert by the US intelligence agencies NSA and CIA. The secret list reveals that its agents are active worldwide in around 80 locations, 19 of which are in Europe -- cities such as Paris, Madrid, Rome, Prague and Geneva. The SCS maintains two bases in Germany, one in Berlin and another in Frankfurt. That alone is unusual. But in addition, both German bases are equipped at the highest level and staffed with active personnel. The SCS teams predominantly work undercover in shielded areas of the American Embassy and Consulate, where they are officially accredited as diplomats and as such enjoy special privileges. Under diplomatic protection, they are able to look and listen unhindered. They just can't get caught.
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  • This would correspond to internal NSA documents seen by SPIEGEL. They show, for example, an SCS office in another US embassy -- a small windowless room full of cables with a work station of "signal processing racks" containing dozens of plug-in units for "signal analysis." On Friday, author and NSA expert James Bamford also visited SPIEGEL's Berlin bureau, which is located on Pariser Platz diagonally opposite the US Embassy. "To me, it looks like NSA eavesdropping equipment is hidden behind there," he said. "The covering seems to be made of the same material that the agency uses to shield larger systems." The Berlin-based security expert Andy Müller Maguhn was also consulted. "The location is ideal for intercepting mobile communications in Berlin's government district," he says, "be it technical surveillance of communication between cellphones and wireless cell towers or radio links that connect radio towers to the network."
  • Wiretapping from an embassy is illegal in nearly every country. But that is precisely the task of the SCS, as is evidenced by another secret document. According to the document, the SCS operates its own sophisticated listening devices with which they can intercept virtually every popular method of communication: cellular signals, wireless networks and satellite communication. The necessary equipment is usually installed on the upper floors of the embassy buildings or on rooftops where the technology is covered with screens or Potemkin-like structures that protect it from prying eyes. That is apparently the case in Berlin, as well. SPIEGEL asked British investigative journalist Duncan Campbell to appraise the setup at the embassy. In 1976, Campbell uncovered the existence of the British intelligence service GCHQ. In his so-called "Echelon Report" in 1999, he described for the European Parliament the existence of the global surveillance network of the same name.
  • Campbell refers to window-like indentations on the roof of the US Embassy. They are not glazed but rather veneered with "dielectric" material and are painted to blend into the surrounding masonry. This material is permeable even by weak radio signals. The interception technology is located behind these radio-transparent screens, says Campbell. The offices of SCS agents would most likely be located in the same windowless attic.
  • Apparently, SCS agents use the same technology all over the world. They can intercept cellphone signals while simultaneously locating people of interest. One antenna system used by the SCS is known by the affable code name "Einstein." When contacted by SPIEGEL, the NSA declined to comment on the matter. The SCS are careful to hide their technology, especially the large antennas on the roofs of embassies and consulates. If the equipment is discovered, explains a "top secret" set of classified internal guidelines, it "would cause serious harm to relations between the United States and a foreign government." According to the documents, SCS units can also intercept microwave and millimeter-wave signals. Some programs, such as one entitled "Birdwatcher," deal primarily with encrypted communications in foreign countries and the search for potential access points. Birdwatcher is controlled directly from SCS headquarters in Maryland.
  • With the growing importance of the Internet, the work of the SCS has changed. Some 80 branches offer "thousands of opportunities on the net" for web-based operations, according to an internal presentation. The organization is now able not only to intercept cellphone calls and satellite communication, but also to proceed against criminals or hackers. From some embassies, the Americans have planted sensors in communications equipment of the respective host countries that are triggered by selected terms.
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    A must-read article offering an in-depth, 3-page view of how badly the Snowden disclosures have poisoned trust between the U.S. and its NATO allies that are not favored members of the Five Eyes club. Details of NSA's surveillance operations in Germany and strong circumstantial evidence that Obama knew -- as recently as June 2013 -- of spy operations being conducted against hundreds of world leaders but denied it.  
Paul Merrell

'We Kill People Based on Metadata' by David Cole | NYRblog | The New York Review of Books - 0 views

  • Of course knowing the content of a call can be crucial to establishing a particular threat. But metadata alone can provide an extremely detailed picture of a person’s most intimate associations and interests, and it’s actually much easier as a technological matter to search huge amounts of metadata than to listen to millions of phone calls. As NSA General Counsel Stewart Baker has said, “metadata absolutely tells you everything about somebody’s life. If you have enough metadata, you don’t really need content.” When I quoted Baker at a recent debate at Johns Hopkins University, my opponent, General Michael Hayden, former director of the NSA and the CIA, called Baker’s comment “absolutely correct,” and raised him one, asserting, “We kill people based on metadata.”
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    "We kill people based on metadata." Trial by Metadata replaces Trial by Jury? 
Paul Merrell

US Government Labeled Al Jazeera Journalist as Al Qaeda - 0 views

  • The U.S. government labeled a prominent journalist as a member of Al Qaeda and placed him on a watch list of suspected terrorists, according to a top-secret document that details U.S. intelligence efforts to track Al Qaeda couriers by analyzing metadata. The briefing singles out Ahmad Muaffaq Zaidan, Al Jazeera’s longtime Islamabad bureau chief, as a member of the terrorist group. A Syrian national, Zaidan has focused his reporting throughout his career on the Taliban and Al Qaeda, and has conducted several high-profile interviews with senior Al Qaeda leaders, including Osama bin Laden.
  • The document cites Zaidan as an example to demonstrate the powers of SKYNET, a program that analyzes location and communication data (or “metadata”) from bulk call records in order to detect suspicious patterns. In the Terminator movies, SKYNET is a self-aware military computer system that launches a nuclear war to exterminate the human race, and then systematically kills the survivors. According to the presentation, the NSA uses its version of SKYNET to identify people that it believes move like couriers used by Al Qaeda’s senior leadership. The program assessed Zaidan as a likely match, which raises troubling questions about the U.S. government’s method of identifying terrorist targets based on metadata. It appears, however, that Zaidan had already been identified as an Al Qaeda member before he showed up on SKYNET’s radar. That he was already assigned a watch list number would seem to indicate that the government had a prior intelligence file on him. The Terrorist Identities Datamart Environment, or TIDE, is a U.S. government database of over one million names suspected of a connection to terrorism, which is shared across the U.S. intelligence community.
  • Peter Bergen, CNN’s national security analyst and author of several books on Al Qaeda and Osama bin Laden, told The Intercept, “I’ve known [Zaidan] for well over a decade, and he’s a first class journalist.” “He has the contacts and the access that of course no Western journalist has,” said Bergen. “But by that standard any journalist who spent time with Al Qaeda would be suspect.” Bergen himself interviewed bin Laden in 1997.
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  • According to another 2012 presentation describing SKYNET, the program looks for terrorist connections based on questions such as “who has traveled from Peshawar to Faisalabad or Lahore (and back) in the past month? Who does the traveler call when he arrives?” and behaviors such as “excessive SIM or handset swapping,” “incoming calls only,” “visits to airports,” and “overnight trips.”
  • That presentation states that the call data is acquired from major Pakistani telecom providers, though it does not specify the technical means by which the data is obtained. The June 2012 document poses the question: “Given a handful of courier selectors, can we find others that ‘behave similarly’” by analyzing cell phone metadata? “We are looking for different people using phones in similar ways,” the presentation continues, and measuring “pattern of life, social network, and travel behavior.” For the experiment, the analysts fed 55 million cell phone records from Pakistan into the system, the document states. The results identified someone who is “PROB” — which appears to mean probably — Zaidan as the “highest scoring selector” traveling between Peshawar and Lahore.
  • The following slide appears to show other top hits, noting that 21 of the top 500 were previously tasked for surveillance, indicating that the program is “on the right track” to finding people of interest. A portion of that list visible on the slide includes individuals supposedly affiliated with Al Qaeda and the Taliban, as well as members of Pakistan’s spy agency, Inter-Services Intelligence. But sometimes the descriptions are vague. One selector is identified simply as “Sikh Extremist.” As other documents from Snowden revealed, drone targets are often identified in part based on metadata analysis and cell phone tracking. Former NSA director Michael Hayden famously put it more bluntly in May 2014, when he said, “we kill people based on metadata.” Metadata also played a key role in locating and killing Osama bin Laden. The CIA used cell phone calling patterns to track an Al Qaeda courier and identify bin Laden’s hiding place in Pakistan.
  • A History of Targeting Al Jazeera  The U.S. government’s surveillance of Zaidan is not the first time that it has linked Al Jazeera or its personnel to Al Qaeda. During the invasion of Afghanistan, in November 2001, the United States bombed the network’s Kabul offices. The Pentagon claimed that it was “a known al-Qaeda facility.” That was just the beginning. Sami al-Hajj, an Al Jazeera cameraman, was imprisoned by the U.S. government at Guantanamo for six years before being released in 2008 without ever being charged. He has said he was repeatedly interrogated about Al Jazeera. In 2003, Al Jazeera’s financial reporters were barred from the trading floor of the New York Stock Exchange for “security reasons.” Nasdaq soon followed suit.
  • During the invasion of Iraq, U.S. forces bombed Al Jazeera’s Baghdad offices, killing correspondent Tariq Ayoub. The U.S. insisted it was unintentional, though Al Jazeera had given the Pentagon the coordinates of the building. When American forces laid siege to Fallujah, and Al Jazeera was one of the few news organizations broadcasting from within the city, Bush administration officials accused it of airing propaganda and lies. Al Jazeera’s Fallujah correspondent, Ahmed Mansour, reported that his crew had been targeted with tanks, and the house they had stayed in had been bombed by fighter jets. So great was the suspicion of Al Jazeera’s ties to terrorism that Dennis Montgomery, a contractor who had previously tried peddling cheat-detector software to Las Vegas casinos, managed to convince the CIA that he could decode secret Al Qaeda messages from Al Jazeera broadcasts. Those “codes” reportedly caused Bush to ground a number of commercial transatlantic flights in December 2003. But the U.S. government appeared to have somewhat softened its view of the network in the last several years. The Obama administration has criticized Egypt for holding three of Al Jazeera’s journalists on charges of aiding the Muslim Brotherhood. During the height of the 2011 Arab Spring, then-Secretary of State Hillary Clinton praised the network’s coverage, saying, “Viewership of Al Jazeera is going up in the United States because it’s real news.”
  • Zaidan is still Al Jazeera’s Islamabad bureau chief, and has also reported from Syria and Yemen in recent years. Al Jazeera vigorously defended his reporting. “Our commitment to our audiences is to gain access to authentic, raw, unfiltered information from key sources and present it in an honest and responsible way.” They added that, “our journalists continue to be targeted and stigmatized by governments,” even though “Al Jazeera is not the first channel that has met with controversial figures such as bin Laden and others — prominent western media outlets were among the first to do so.”
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    It was crazy. I was at home in Idaho sitting there watching TV and chatting with my internet buddy in Croatia. Then the black helicopters came for me ... 
Paul Merrell

Russia's 'superweapon' can switch off satellites and enemy weapons | Daily Mail Online - 0 views

  • Russia has claimed to have built a revolutionary new weapon system that can render enemy satellites and weapons useless.Its Russian makers say it is a 'fundamentally new electronic warfare system' which can be mounted on ground-based as well as air- and sea-borne carriers.However, it has refused to reveal how the system works.
  • Russia has claimed to have built a revolutionary new weapon system that can render enemy satellites and weapons useless.Its Russian makers say it is a 'fundamentally new electronic warfare system' which can be mounted on ground-based as well as air- and sea-borne carriers.However, it has refused to reveal how the system works.Scroll down for video 
  • It is described as 'a fundamentally new electronic warfare system capable of suppressing cruise missile and other high-precision weaponry guidance systems and satellite radio-electronic equipment.''The system will target the enemy's deck-based, tactical, long-range and strategic aircraft, electronic means and suppress foreign military satellites' radio-electronic equipment,,' Russia's Radio-Electronic Technologies Group (KRET) Deputy CEO Yuri Mayevsky told Russian news agency TASS. To comply with international weapons laws, the system will be mounted on ground-based, air-and seaborne carriers and not on satellites. 'It will fully suppress communications, navigation and target location and the use of high-precision weapons,' said adviser to the KRET first deputy CEO Vladimir Mikheyev. 'The system will be used against cruise missiles and will suppress satellite-based radio location systems. 
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  • 'It will actually switch off enemy weapons.'The system's ground component will be tested soon, he claims. 'Ground tests are now going on in workshops. '
  • 'At the end of the year, the system's component will leave the factory gates for trials at testing ranges,' he said. Earlier this month, the Russian military test-fired a short-range anti-missile system, which successfully destroyed a simulated target at the designated time.'The launch was aimed at confirming the performance characteristics of missile defense shield anti-missiles operational in the Aerospace Defense Forces,' the Russian defense ministry said at the time. 
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    Recall the report about a year ago of a U.S. naval destroyer in the Black Sea having its entire Aegis defense control system electronically disabled by a Russian jet that made a dozen or so low-level passes over the ship. 
Paul Merrell

REVEALED: GCHQ's BEYOND TOP SECRET Middle Eastern INTERNET SPY BASE * The Register - 0 views

  • Exclusive Above-top-secret details of Britain’s covert surveillance programme - including the location of a clandestine British base tapping undersea cables in the Middle East - have so far remained secret, despite being leaked by fugitive NSA sysadmin Edward Snowden. Government pressure has meant that some media organisations, despite being in possession of these facts, have declined to reveal them. Today, however, the Register publishes them in full.The secret British spy base is part of a programme codenamed “CIRCUIT” and also referred to as Overseas Processing Centre 1 (OPC-1). It is located at Seeb, on the northern coast of Oman, where it taps in to various undersea cables passing through the Strait of Hormuz into the Persian/Arabian Gulf. Seeb is one of a three site GCHQ network in Oman, at locations codenamed “TIMPANI”, “GUITAR” and “CLARINET”. TIMPANI, near the Strait of Hormuz, can monitor Iraqi communications. CLARINET, in the south of Oman, is strategically close to Yemen. British national telco BT, referred to within GCHQ and the American NSA under the ultra-classified codename “REMEDY”, and Vodafone Cable (which owns the former Cable & Wireless company, aka “GERONTIC”) are the two top earners of secret GCHQ payments running into tens of millions of pounds annually.
  • The actual locations of such codenamed “access points” into the worldwide cable backbone are classified 3 levels above Top Secret and labelled “Strap 3”. The true identities of the companies hidden behind codenames such as “REMEDY”, “GERONTIC”, “STREETCAR” or “PINNAGE” are classified one level below this, at “Strap 2”.After these details were withheld, the government opted not to move against the Guardian newspaper last year for publishing above-top-secret information at the lower level designated “Strap 1”. This included details of the billion-pound interception storage system, Project TEMPORA, which were revealed in 2013 and which have triggered Parliamentary enquiries in Britain and Europe, and cases at the European Court of Human Rights. The Guardian was forced to destroy hard drives of leaked information to prevent political embarrassment over extensive commercial arrangements with these and other telecommunications companies who have secretly agreed to tap their own and their customers’ or partners’ overseas cables for the intelligence agency GCHQ. Intelligence chiefs also wished to conceal the identities of countries helping GCHQ and its US partner the NSA by sharing information or providing facilities
  • According to documents revealed by Edward Snowden to journalists including Glenn Greenwald among others, the intelligence agency annually pays selected companies tens of millions of pounds to run secret teams which install hidden connections which copy customers' data and messages to the spooks’ processing centres. The GCHQ-contracted companies also install optical fibre taps or “probes” into equipment belonging to other companies without their knowledge or consent. Within GCHQ, each company has a special section called a “Sensitive Relationship Team” or SRT.BT and Vodafone/C&W also operate extensive long distance optical fibre communications networks throughout the UK, installed and paid for by GCHQ, NSA, or by a third and little known UK intelligence support organization called the National Technical Assistance Centre (NTAC).
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    Report on GCHQ documents that The Guardian had agreed not to write about. Nice picture of the secret Seeb base.
Paul Merrell

New Evidence Links Ledezma, COPEI to Thwarted Coup | venezuelanalysis.com - 0 views

  • Speaking on his television program "Con el Mazo Dando", National Assembly President Diosdado Cabello released new evidence on Wednesday regarding the thwarted "Blue Coup" attempt against the government of Nicolas Maduro on February 12.Coming in the wake of the arrest of Antonio Ledezma last Thursday on charges of sedition and conspiracy, these revelations could lend further support to allegations concerning both the Caracas Metropolitan Mayor's role in the coup as well as the advance knowledge and involvement of the opposition party COPEI.Ledezma Linked to Coup Plotters Via U.S. Phone NumberAccording to Cabello, Ledezma allegedly made three phone calls in December to a New York-based number belonging jointly to General Eduardo Báez Torrealba (alias "Máximo") and Carlos Manuel Osuna Saraco (alias "Guillermo"), the latter of whom is believed to be the "financier" of the coup plot.
  • In a two week period spanning from the 25th of December to the 10th of January, Lieutenant Henry Salazar Moncada, who has been arrested and formally charged for his role in the coup attempt, also made three separate phone calls to the same U.S. number."The evidence is notorious. The proof is extremely clear [...] It's a coup, and as President Nicolas Maduro said, there are very few opposition leaders who didn't know anything [about the coup]," announced the President of the National Assembly.Antonio Ledezma was one of three signatories of a public statement by leaders of the Venezuelan opposition calling for the ouster of President Nicolas Maduro as part of a "national transition", which was released just 24 hours prior to the coup attempt.The other signatories were multi-millionaire former legislator Maria Corina Machado, whose various NGOs have received millions in funding from the U.S. government, and Voluntad Popular leader Leopoldo Lopez, who currently awaits trial for his role in leading violent opposition protests last year that took the lives of 43 people.
  • Ledezma has also been linked to extreme right-wing opposition figures such as Lorent Gómez Saleh, who was extradited from Colombia and charged with allegedly conspiring with paramilitaries to launch terrorist attacks as part of a campaign of so-called "resistance" against the Venezuelan government.COPEI Leaders Discuss Links to Military Officials "Preparing How to Do the Transition"On his program on Wednesday night, Cabello also presented a recording of an alleged phone call between the first COPEI vice-president for Lara State Jose Cassany, and another top party official by the name of Antonio Sotillo in which the two christian democrats appear to discuss preparations for a coup.In a conversation recorded on January 3 of this year, Cassany informs Sotillo that he is friends with a businessman who has a relationship "with the civil and military worlds, active military [officials], including generals."He added that these military officials were "preparing how to do the transition," which is the name given by the opposition to their demand for the ouster of President Nicolas Maduro.
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  • In another alleged phone recording highlighted by the President of the National Assembly, the Caracas president of COPEI Antonio Ecarri and the secretary general Rogelio Diaz consider the option of a coup against President Nicolas Maduro.In a recording dated February 21, Ecarri asks Diaz if he received the message from national secretary general Herberto Diaz and then goes on to state that, "one cannot have a double posture in life, if you are going to abandon the electoral field, you are going to call openly for a coup and everything else, that's fine, that is a path [...] I say we must look for a different mechanism."Diaz agrees with Ecarri's affirmation that while a coup represents a legitimate "path", a "different mechanism" is needed, adding that otherwise, "we put everything on the table and they put us in jail.The conversation ends with the two leaders agreeing on the need to "promote street activity".
  • Nonetheless, since February 2014, opposition "street activity" has largely taken the form of violent protests, which resulted in the death of 43 people last year as well as millions of dollars in damages to public property.On Tuesday, Public Ministry officials discovered a weapons cache at COPEI headquarters in Las Palmas, Caracas. Among the weapons found were 52 homemade explosive devices resembling a type of grenade, 32 molotov cocktails, and four gas masks.Officials also discovered various pamphlets with messages expressing support for Metropolitan Mayor Antonio Ledezma in the wake of his arrest on charges of conspiracy and sedition.
  • In the same program on Wednesday, Diosdado Cabello also unveiled a recording of the alleged confession of First Lieutenant Luis Lugo Calderón, revealing further details regarding the thwarted coup effort earlier this month.During his interrogation, the Air Force Lieutenant confirmed the existence of a video intended to be the "preamble" to the coup, "calling on the superior officers to wake up, asking for the renunciation of the President of the Republic, and saying that the lower officers were against the government."Lugo further elaborated that the video was to be disseminated outside the country by the Miami-based journalist Patricia Poleo around the time of Carnival, when vast numbers of Venezuelans travel to the beach and other parts of the country.The officer also substantiated allegations that coup plotters intended to use a "Super Tucano" counter-insurgency aircraft to bomb numerous ground targets such as the Miraflores Palace, teleSur, and the Ministry of Defense.
  • Identifying himself as the intended pilot of the military aircraft, he added that among the targets were air force bases located in highly populated cities, including the La Carlota base in the wealthy Caracas neighborhood of Chacao as well as the the Sucre base in the city of Maracay in Aragua State.Furthermore, the Lieutenant indicated that he had been approached by an official from the British embassy with an offer of asylum in the event that the coup failed, though he did not give further details.
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    Isn't it odd how quiet Washington, D.C. has been about the arrests? In January, Obama signed legislation imposing economic sanctions on Venezuela because it had arrested "protestors" during the last coup attempt. Of course the protestors were members of the U.S. recruited "opposition" and had been arrested for some extremely violent behavior. Could it be that CIA realized that Venezuela has firm evidence of U.S. and U.K. involvement this time around?
Paul Merrell

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

  • During an appearance on Sirius XM’s “Breitbart News Daily” on Tuesday morning, Trump stated that the Turkish government “looks like they’re on the side of ISIS more or less based on the oil”. This makes Trump the first presidential candidate to tell the truth about this to the American people. By now, just about everyone knows that ISIS is using Turkey as a home base, and I have previously written about how Turkey is “training ISIS militants, funneling weapons to them, buying their oil, and tending to their wounded in Turkish hospitals”. But a major U.S. politician, especially one running for the White House, could get into really hot water for saying these kinds of things about our NATO ally. You see, the truth is that the American people are not supposed to know that Turkey is actually on the same side as ISIS and has been facilitating the sale of hundreds of millions of dollars of oil that has been stolen by ISIS. Just a few days ago, it was a really big deal when Russian Foreign Minister Sergey Lavrov accused ISIS of being “secret allies” with ISIS. But for Donald Trump to say essentially the same thing is absolutely astounding. And this is why so many Americans are responding positively to his campaign. Trump just says whatever he thinks, and he doesn’t care about the consequences. The following comes from Politico…
  • Donald Trump aligned himself with Vladimir Putin on Tuesday, saying that Turkey appears to be on the side of Islamic State. “Turkey looks like they’re on the side of ISIS more or less based on the oil,” Trump said in an interview with Sirius XM’s “Breitbart News Daily” Tuesday morning, echoing comments from the Russian president on Monday. I doubt that this will get much more coverage in the U.S. media, because the mainstream media is not really supposed to be talking about what Turkey is doing. It would be extremely embarrassing for the Obama administration to admit that they have known that ISIS was shipping hundreds of millions of dollars worth of stolen oil into Turkey and didn’t do anything to stop it.
Paul Merrell

Putin Throws Down the Gauntlet - 0 views

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

Did Members of the US-Led Coalition Carry Out an Air Strike to Help ISIS? Russia Implie... - 0 views

  • The argument over the air strike on the Syrian military base in Deir az-Zor has taken a strange and worrying turn.The US has categorically denied that any of its aircraft were involved. It has admitted that its aircraft were in the area, but says that they carried out an air strike 55 km away.The Russians say that is true. However, they also say that it is not the whole truth.The Russians say that in addition to the US aircraft, two pairs of aircraft - in other words four aircraft in total - from two other countries that are also members of the US led coalition were also flying at the time of the air strike over Deir az-Zor.The Russians have not actually said it was these aircraft that carried out the air strike. However, they have pointed out that the US has failed to admit to the presence of these aircraft. They are asking why?
  • It is the broadest of hints, and it is difficult to believe that the Russians do not think that it was these aircraft that carried out the air strike.This information - if it is true - begs a host of questions.Firstly, the Syrian military base that was hit by the air strike was apparently the scene of a bitter battle between the Syrian military and the Islamic State.  It seems that shortly after the air strike - and most probably as a result of it - the Islamic State’s fighters were able to storm it.Inevitably, that begs the question of whether the aircraft that carried out the air strike were providing air support to the fighters of the Islamic State.  On the face of it, it looks like they were. After all, if what happened was simply a mistake, it might have been expected that the US and its allies would say as much.If so, it is an extremely serious and worrying development, suggesting that some members of the US-led anti-Islamic State coalition are actually in league with the Islamic State.
  • Secondly, Deir az-Zor is the area of Syria from which the Islamic State exports most of its oil. Again, this inevitably begs the question of whether the Islamic State attack on the base - and the air strike seemingly carried out in support of it - was in some way connected to the illegal oil trade, and might have been intended to protect it.Thirdly, there is the obvious question of which countries’ aircraft were involved. The Russians are not identifying these countries - at least for the moment - though they obviously know or think they know which they are.  The one thing however that the Russians are saying is that the aircraft of more than one country was involved.The Russians are also drawing attention to the US’ failure to admit to the presence of the aircraft of these countries, which strongly suggests that the US is protecting them, whichever countries they are.Lastly, it is interesting that the Russians seem to be so well informed about this incident.  If the Russians do indeed know how many aircraft from the US-led coalition were flying at any one time over Der az-Zor, and can identify the countries they belong to, then the inescapable conclusion is that their surveillance and intelligence operation in Syria is very effective indeed.
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  • This raises the interesting possibility that this sort of thing has not only happened before, but that it has been going on unreported for some time, and that the reason why the Russians made so much of this particular incident was so as to warn the US that with the Russian surveillance and intelligence operation in Syria now so good the US cannot get away with doing this sort of thing any longer. If Russian reporting of this incident is intended as a warning to the US, then that might explain why the Russians have held back information about the identity of the countries whose aircraft were involved in this incident.  With the warning made, the Russians may feel that there is no reason to inflame the situation further by making public accusations against particular countries, whose governments would have no option but to dispute them.As is now happening continuously with news coming out of Syria, Western governments and the Western media have pulled down a curtain of silence over this story.This is scarcely surprising since any hint that any Western ally is in league with the Islamic State - even in the most informal sense - would after the Paris attacks be politically explosive.
  • In the case of Britain - if it was its aircraft that were involved - an attack on a Syrian military base would be in open defiance of the will of the British parliament.The attempt to suppress information about this incident however in no way diminishes its importance.  The two coalitions supposedly fighting the Islamic State - the US-led coalition and the Russian-led coalition - have in the space of just two weeks twice fought each other - once when the SU24 was shot down, and now with the attack on the Syrian base.  On both occasions it was members of the US-led coalition that acted as the aggressors.That makes it doubly important that as many people as possible are informed about this incident.In the meantime it is a certainty that all sorts of angry conversations are going on about it at various levels between Moscow and Washington.
Gary Edwards

Michael Coffman -- Goodbye Property Rights - How Agenda 21 will destroy the Constitution - 0 views

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    Excellent historical background to the Agenda 21 effort to regulate private property and eventually put all private property under the control of the UN regional governments. "Since the early 1970s there has been a systematic and deliberate effort to destroy private property rights in America through the warm and fuzzy goal of sustainable development. David Rockefeller co-founded the Club of Rome in 1968 as an elite, somewhat occult think tank. The Club of Rome published Limits to Growth in 1972, which called for severe limits on human population and state control of all development in the world to achieve "sustainable development." Sustainable development was eventually formalized into a United Nations global action plan called Agenda 21, which President Bush committed the U.S. to at the 1992 Earth Summit in Rio de Janeiro. President Clinton put into action by the creation of Sustainable America in 1996. If fully implemented, private property rights will be a thing of the past. Concurrent to Limits of Growth, New York's Governor Nelson Rockefeller introduced legislation to create the Adirondack Park Agency in 1971 patterned after Limits of Growth. It was so successful that Nelson's brother-Laurence Rockefeller-commissioned and led a study entitled Use of Land: A Citizen's Policy Guide to Urban Growth as a set of goals for America. Published in 1973, the nationally based Use of Land was a companion to the Club of Rome's internationally based Limits of Growth. The Use of Land was edited by William Reilly, who would later be appointed by George H. W. Bush as the administrator of the Environmental Protection Agency in 1989. Reilly also attended the 1992 Earth Summit in Rio de Janeiro, where he advised President Bush to sign the UN Agenda 21, thereby committing the United States to Agenda 21. Although utterly evil, the Rockefeller's effort to destroy the constitutional basis of property rights was brilliant. The thrust of the Use of Land report sup
Gary Edwards

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

  • 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:
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  • 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.
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    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!!!!
Gary Edwards

The Ultimate Net Monitoring Tool: NARUS - 0 views

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    Chilling stuff.  Note that Mark Klien is an important whistleblower whose testimony has helped expose the  Federal Government - NSA domestic dragnet that has violated the constitutional rights of hundreds of thousands of law abiding American citizens.  The question I have concerns cooperation between NSA NARUS spying and the IRS. We know that the IRS used key words such as "TEA PARTY", "PATRIOT", "Constitution", and "Tenth Amendment" to target American citizens.  Does the NSA NARUS target Americans in the same way?  Are there political enemy lists with background surveillance information now circulating through different government agencies based on this targeted and illegal spying? The first thing we need to do is protect whistle blowers who are risking it all to protect the constitutional rights of American citizens and save our country.   "The equipment that technician Mark Klein learned was installed in the National Security Agency's "secret room" inside AT&T's San Francisco switching office isn't some sinister Big Brother box designed solely to help governments eavesdrop on citizens' internet communications. Rather, it's a powerful commercial network-analysis product with all sorts of valuable uses for network operators. It just happens to be capable of doing things that make it one of the best internet spy tools around. "Anything that comes through (an internet protocol network), we can record," says Steve Bannerman, marketing vice president of Narus, a Mountain View, California, company. "We can reconstruct all of their e-mails along with attachments, see what web pages they clicked on, we can reconstruct their (voice over internet protocol) calls."" Narus' product, the Semantic Traffic Analyzer, is a software application that runs on standard IBM or Dell servers using the Linux operating system. It's renowned within certain circles for its ability to inspect traffic in real time on high-bandwidth pipes, identifying packets of interest as they r
Gary Edwards

75 Economic Numbers From 2012 That Are Almost Too Crazy To Believe - 0 views

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    Thanks to Marbux we have this extraordinary collection of facts and figures describing the economic catastrophe that has hit the USA.  excerpt: "What a year 2012 has been!  The mainstream media continues to tell us what a "great job" the Obama administration and the Federal Reserve are doing of managing the economy, but meanwhile things just continue to get even worse for the poor and the middle class.  It is imperative that we educate the American people about the true condition of our economy and about why all of this is happening.  If nothing is done, our debt problems will continue to get worse, millions of jobs will continue to leave the country, small businesses will continue to be suffocated, the middle class will continue to collapse, and poverty in the United States will continue to explode.  Just "tweaking" things slightly is not going to fix our economy.  We need a fundamental change in direction.  Right now we are living in a bubble of debt-fueled false prosperity that allows us to continue to consume far more wealth than we produce, but when that bubble bursts we are going to experience the most painful economic "adjustment" that America has ever gone through.  We need to be able to explain to our fellow Americans what is coming, why it is coming and what needs to be done.  Hopefully the crazy economic numbers that I have included in this article will be shocking enough to wake some people up. The end of the year is a time when people tend to gather with family and friends more than they do during the rest of the year.  Hopefully many of you will use the list below as a tool to help start some conversations about the coming economic collapse with your loved ones.  Sadly, most Americans still tend to doubt that we are heading into economic oblivion.  So if you have someone among your family and friends that believes that everything is going to be "just fine", just show them these numbers.  They are a good summary of the problems that the U
Gary Edwards

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

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    "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
Gary Edwards

Applying Conservative Principles To Immigration | Marco Rubio @ RedState - 0 views

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    Excellent explanation of Senator Rubio's Immigration plan. excerpts: First, we would modernize our legal immigration system. In essence, we create one that meets the needs this country has in this new century. For example, while I support our family-based system of immigration, we can no longer afford to have less than ten percent of our immigration based on skill and talent. We need a functional guest worker program so that, in times of low unemployment and rapid economic growth, our industries have the labor they need to continue growing. And we need an agricultural worker program that allows our growers to contract the seasonal and year round labor they need legally. Second, we need real enforcement mechanisms. An employment verification system is the key to this. We have the technology to implement such a system, so we just need to do it. Over 40 percent of our illegal immigrants entered legally and overstayed their visas. That's why we need to have a complete system of tracking the entry and exit of visitors, using the technologies available to us today. And we need to achieve control of our borders. This is not just an immigration issue; this is a national security and sovereignty issue. And it can be done. The southern border is actually divided into nine separate sectors. There has been progress made in some sectors and not enough on others. We need to establish the high probability of intercepting illegal crossings in each of these sectors in a timely and effective manner. And third, we have to deal with those who are here now without documents. I am not happy about the fact that we face this problem. But we do. Most of these are people who will be here for the rest of their lives with or without documents, so it is in our best interest to deal with them and to make sure this never happens again." "As I have clearly stated, I will not engage in a bidding war with the President to see who can come up with the fastest and cheapest path to citizenship. T
Paul Merrell

Matt Taibbi Talks Ratings Agencies With Chris Hayes | Matt Taibbi | Rolling Stone - 0 views

  • "Standard & Poor's has long had strict policies to reinforce the independence of our analytical processes. . . . We make our methodology transparent to the market." That was among the responses of a spokesperson for the ratings agency Standard & Poor's when I contacted him a few weeks ago in advance of a new Rolling Stone feature, "The Last Mystery of the Financial Crisis," which describes the role the ratings agencies played in causing the 2008 crash. The company was genuinely miffed that anyone would impugn its honesty. In one relatively brief e-mail, the spokesperson used variables of terms like "independent," "integrity" and "transparent," upwards of nine times. Hold that thought. "The Last Mystery of the Financial Crisis" makes great use of documents uncovered in years of painstaking research by attorneys at Robbins Geller Rudman & Dowd, a San Diego-based firm that was at the forefront of major lawsuits against the industry. The material those lawyers found leaves virtually no doubt that the great ratings agencies like Moody's and S&P essentially put their analysis up for sale in the years leading up to the crash.
  • Moreover, the Court said, plaintiffs could not make a claim based on a public statement by S&P touting its "credibility and reliability," or another saying, "[S&P] has a longstanding commitment to ensuring that any potential conflicts of interest do not compromise its analytical independence." Why, you might ask, could one not make a fraud claim based upon those statements? Because, the Second Circuit ruled, those statements were transparently not meant to be taken seriously.
  • I point this out because the ratings agencies' responses to the questions we posed for the piece were almost as revealing as the extremely damaging emails and internal documents the Robbins Geller lawyers uncovered. It wasn't just that there was apparently an entire generation of internal email correspondence that had been taken out of context (apparently, the context was taken out of context). More interesting was another line of defense. Not long before I contacted them, S&P had made, in a very graphic and comical manner, a very strange argument in court. In an attempt to dismiss a federal Justice Department lawsuit pending against S&P, the company had, in a court motion, cited a Florida court case, Boca Raton Firefighters and Police Pension Fund v. Bahash. In that case, the Second Circuit ruled that the plaintiffs suing S&P could not make a fraud claim based upon the company's reassurances in its Code of Conduct of its "objectivity, integrity and independence."
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  • Anyway, if you want the full lowdown on what actually goes on internally at these companies, check out the piece, which is full of the devastating material dug up by those San Diego lawyers. Also, thanks so much to the excellent Chris Hayes at MSNBC, who had me on last night to discuss the issue. It was a very fun talk.
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    The Rolling Stone's Mat Taiibi strikes again. 
Paul Merrell

Wells Fargo Fined Over Secret Sales Policy to Open Fake Customer Accounts - nsnbc inter... - 0 views

  • The Consumer Financial Protection Bureau (CFPB) has fined Wells Fargo for $100 million based on fraudulent customer account practices. An additional $85 million is to be paid to the city of Los Angeles in California, along with the Office of the Comptroller of the Currency.
  • Last year Wells Fargo was sued by employees (current and former) and customers all across the nation for setting up “unwanted accounts, unwarranted fees”. According to the lawsuit, this was “the largest California-based bank violated state and federal laws by misusing confidential information and failing to notify customers when personal information was breached.” Using “aggressive tactics” to coerce new customers, Wells Fargo made it “difficult to correct the mistakes” made by Wells Fargo and return fees to customers because of “high-pressure sales culture set unrealistic quotas, spurring employees to engage in fraudulent conduct to keep their jobs and boost the company’s profits.” Over the course of an extended period of time, “Wells Fargo employees secretly opened unauthorized accounts to hit sales targets and receive bonuses.” There were 1.5 million accounts opened without the authorization of customers and 500,000 credit cards accounts to boot. Wells Fargo has consistently blames “a few rogue employees. Five hundred employees were terminated, according to a Wells Fargo spokesperson. There was no mention of rescinding of bonuses paid to those employees, and there is no clear evidence that executive’s payouts totaling $155 million for “performance based compensation” for 2012 through 2013 was returned to the bank.
  • Those bonuses were administered based on the fraudulent accounts opened without customer approval. In a statement, Wells Fargo expressed belated regret and a sudden desire to “take responsibility for any instances where customers may have received a product that they did not request.” The training that caused this problem in the first place was a cross-selling strategy called “Going For Gr-Eight” which is a brochure for employees to push banking products onto households of existing customers to increase fee potential and overall profitability. Wells Fargo “staffers, fearing disciplinary action from managers, begged friends and family members to open ghost accounts” and forged signatures “and falsified phone numbers” of customers who did not want to open an account. This practice drove Wells Fargo’s financial success with an estimated “26% of the company’s revenue was from fee income, including those from credit and debit card accounts, trusts and investments.” The bank not only stole money from customers but “also damage their credit scores” and put some into collections to garner fees “for unauthorized accounts went unpaid”. In case of a complaining customer, Wells Fargo would “sandbag” their customers; meaning “failing to open accounts when requested by customers, and instead accumulating a number of account applications to be opened at a later date.”
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  • Another devious tactic Wells Fargo employed was “bundling” or “incorrectly informing customers that certain products are available only in packages with other products such as additional accounts, insurance, annuities, and retirement plans.” This is not an isolated incident. Wells Fargo has fired 5,300 employees for this same “illegal behavior”. Beyond this questionable business practice, Wells Fargo was previously recognized by the CFPB for misapplying student loan payments in order to increase fee income. In this case, Wells Fargo was fined $3.6 million and forced to pay $410,000 to student loan borrowers for restitution.
Paul Merrell

A Clinton Fan Manufactured Fake News That MSNBC Personalities Spread to Discredit WikiL... - 0 views

  • The phrase “Fake News” has exploded in usage since the election, but the term is similar to other malleable political labels such as “terrorism” and “hate speech”; because the phrase lacks any clear definition, it is essentially useless except as an instrument of propaganda and censorship. The most important fact to realize about this new term: those who most loudly denounce Fake News are typically those most aggressively disseminating it. One of the most egregious examples was the recent Washington Post article hyping a new anonymous group and its disgusting blacklist of supposedly pro-Russia news outlets – a shameful article mindlessly spread by countless journalists who love to decry Fake News, despite the Post article itself being centrally based on Fake News. (The Post this week finally added a lame editor’s note acknowledging these critiques; the Post editors absurdly claimed that they did not mean to “vouch for the validity” of the blacklist even though the article’s key claims were based on doing exactly that). Now we have an even more compelling example. Back in October, when WikiLeaks was releasing emails from the John Podesta archive, Clinton campaign officials and their media spokespeople adopted a strategy of outright lying to the public, claiming – with no basis whatsoever – that the emails were doctored or fabricated and thus should be ignored. That lie – and that is what it was: a claim made with knowledge of its falsity or reckless disregard for its truth – was most aggressively amplified by MSNBC personalities such as Joy Ann Reid and Malcolm Nance, The Atlantic’s David Frum, and Newsweek’s Kurt Eichenwald.
  • The phrase “Fake News” has exploded in usage since the election, but the term is similar to other malleable political labels such as “terrorism” and “hate speech”; because the phrase lacks any clear definition, it is essentially useless except as an instrument of propaganda and censorship. The most important fact to realize about this new term: Those who most loudly denounce Fake News are typically those most aggressively disseminating it. One of the most egregious examples was the recent Washington Post article hyping a new anonymous group and its disgusting blacklist of supposedly pro-Russia news outlets — a shameful article mindlessly spread by countless journalists who love to decry Fake News, despite the Post article itself being centrally based on Fake News. (The Post this week finally added a lame editor’s note acknowledging these critiques; the Post editors absurdly claimed that they did not mean to “vouch for the validity” of the blacklist even though the article’s key claims were based on doing exactly that). Now we have an even more compelling example. Back in October, when WikiLeaks was releasing emails from the John Podesta archive, Clinton campaign officials and their media spokespeople adopted a strategy of outright lying to the public, claiming — with no basis whatsoever — that the emails were doctored or fabricated and thus should be ignored. That lie — and that is what it was: a claim made with knowledge of its falsity or reckless disregard for its truth — was most aggressively amplified by MSNBC personalities such as Joy Ann Reid and Malcolm Nance, The Atlantic’s David Frum, and Newsweek’s Kurt Eichenwald.
  • That the emails in the Wikileaks archive were doctored or faked — and thus should be disregarded — was classic Fake News, spread not by Macedonian teenagers or Kremlin operatives but by established news outlets such as MSNBC, The Atlantic, and Newsweek. And, by design, this Fake News spread like wildfire all over the internet, hungrily clicked and shared by tens of thousands of people eager to believe it was true. As a result of this deliberate disinformation campaign, anyone reporting on the contents of the emails was instantly met with claims that the documents in the archive had been proven fake. The most damaging such claim came from MSNBC’s intelligence analyst Malcolm Nance. As I documented on October 11, he tweeted what he — for some bizarre reason — labeled an “Official Warning.” It decreed: “#PodestaEmails are already proving to be riddled with obvious forgeries & #blackpropaganda not even professionally done.” That tweet was re-tweeted by more than 4,000 people. It was vested with added credibility by Clinton-supporting journalists like Reid and Frum (“expert to take seriously”).
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  • All of that, in turn, led to an article in something called the “Daily News Bin” with the headline: “MSNBC intelligence expert: WikiLeaks is releasing falsified emails not really from Hillary Clinton.” This classic fake news product — citing Nance and Reid among others — was shared more than 40,000 times on Facebook alone.
  • From the start, it was obvious that it was this accusation from Clinton supporters — not the WikiLeaks documents — that was a complete fraud, perpetrated on the public as deliberate disinformation. With regard to the claim about the Podesta emails, now we know exactly who created it in the first instance: a hard-core Clinton fanatic.
  • Sadly for Chacon, however, the people who ended up getting fooled by his Fake News items were the nation’s most prominent Clinton supporters, including supposed experts and journalists from MSNBC who used his obvious fakes to try to convince the world that the WikiLeaks archive had been compromised and thus should be ignored.
Paul Merrell

The Man behind the Failed Coup in Turkey? US Army General John F. Campbell. Report | Gl... - 0 views

  • According to the conservative English language newspaper Yeni Savak,  ”a former U.S. commander of the International Security Assistance Force (ISAF), a NATO-led security mission in Afghanistan, was the organizer of the July 15 military coup attempt in Turkey”.  Four Star US Army General Campbell and Vice Chief of Staff (March 2013-August 2014) assumed command of  ISAF from August to December of 2014. He was then appointed Commander of NATO’s Afghanistan Operation Resolute Support, “a training, advisory, assistance, and counter-terror mission” from which he retired in March 2016, four months prior to Turkey’s failed coup.  It should be noted that the Turkey based news media does not fully acknowledge its sources of information. The report remains to be fully corroborated.
  • According to Yeni Savak:   General John F. Campbell was one of the top figures who organized and managed the soldiers behind the failed coup attempt in Turkey, sources close to ongoing legal process of pro-coup detainees said. Campbell also managed more than $2 billion money transactions via UBA Bank in Nigeria by using CIA links to distribute among the pro-coup military personnel in Turkey. The ongoing investigation unveiled that Campbell had paid at least two secret visits to Turkey since May, until the day of the coup attempt.
  • The report intimates that General Campbell operated in tandem with  the Fethullah Gülen organization. It also intimates that US intelligence and military were behind the failed coup. Military sources said Campbell, who was the commander of ISAF between August 26, 2014 and May 1, 2016, had made some top secret meetings in Erzurum military base and Adana İnicrlik Airbase. İncirlik Airbase has been used by the U.S. Military for conducting the anti-Daesh campaign in Syria. Military sources said that Campbell was the man, who directed the process of trending / blacklisting the military officers in the base. If the coup attempt was successful, Campbell would visit Turkey in a short time, according to the sources. The report also examined the alleged money transactions focussing on the role of  The Nigeria branch of the United Bank of Africa (UBA), which allegedly constituted “the main base for the last six-months of money transactions for the coup plotters”. The report also underscored the role of the CIA in implementing the money transfers
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  • The money was distributed to military officers who were favorable to the Gullenist cause, according to the report. “They investigated the soldiers’ trends, their personalities and family background. All soldiers were categorized in three groups: opponents, neutrals, and supporters.”  … The military personnel who were in a neutral position received a difference in the amount of money, according to the importance of their position and ranks. The supports who also were categorized as “those who will move with us,” were provided a huge amount of money. All soldiers and officers in this category were considered as the devoted members of the FETO terror group. To read the full Yeni Savak article click here
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