Skip to main content

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

Rss Feed Group items tagged

Filter: All | Bookmarks | Topics Simple Middle
Gary Edwards

Gold, Peace, and Prosperity: The Birth of a New Currency | Silver Monthly - The Silver ... - 0 views

www.silvermonthly.com/...ty-the-birth-of-a-new-currency

gold-currency ron-paul financial-collapse financial-oligarchs Banksters banksters

shared by Gary Edwards on 13 May 10 - Cached
  • Gary Edwards on 13 May 10
     
    Gold, Peace, and Prosperity is the title of Ron Paul's essay for a "modern" gold standard.  According to Paul, such a standard would end the relentless boom-bust cycle, and maintain the value of King Dollar.  However, King Dollar would have to be founded on a monetary standard that eschews government tampering. Paul begins his treatise by pointing out that "Congress alone is responsible for inflation, and Congress alone can stop it."  Which means that the old scapegoats - OPEC, greedy CEOs, labor unions - are not the real cause of inflation.  To support his contention, Paul relates a story told by Marco Polo in his travels through China.  As Paul states, "Abuse of paper money led to the expulsion of the Mongol dynasty from China." Bretton Woods - in 1944 - supposedly established a new gold exchange standard.  In Paul's opinion, Bretton Woods was "nothing more than an international Federal Reserve System."  And of course, it didn't do anything but cause more inflation.  Then on August 15, 1971, President Nixon "closed the 'gold window.'"  This was the beginning of "managed fiat currency." Paul states that since 1971, the price of gold has increased "more than twentyfold."  The trade deficit has increased by 1146%, and the Consumer Price Index has increased 79%.  Due to these imbalances, he concludes that the dollar is dead.    Rather than pronouncing the Last Rites over the dollar, followed by a mournful funeral and weeping and wailing, Paul views the death of the dollar as an opportunity.  "The time is ripe for the institution of a trustworthy monetary system."  And it's not all that difficult.  The way to stop inflation is to "stop inflating the money supply."  Paul then cites the three main reasons politicians, bankers, etc., desire inflation:  greed, power, and a way to pay the government's bills without raising taxes sky-high.  The answer - the only alternative - to inflation is
Gary Edwards

Dismantling the Temple | William Greider - The Nation - 0 views

www.thenation.com/...greider

federal-reserve banksters

shared by Gary Edwards on 26 Aug 09 - Cached
  • Gary Edwards on 26 Aug 09
     
    The financial crisis has propelled the Federal Reserve into an excruciating political dilemma. The Fed is at the zenith of its influence, using its extraordinary powers to rescue the economy. Yet the extreme irregularity of its behavior is producing a legitimacy crisis for the central bank. The remote technocrats at the Fed who decide money and credit policy for the nation are deliberately opaque and little understood by most Americans. For the first time in generations, they are now threatened with popular rebellion. Share this article RELATED ALSO BY Obama's False Reform ECONOMIC POLICY WILLIAM GREIDER: Congress should step up its investigations of the roots of the financial crisis and slow down the rush to weak solutions--especially the empowerment of the Federal Reserve. Bucking the Banks ECONOMIC POLICY CHRISTOPHER HAYES: How can we expect the experts to reform the financial system when it's experts who got us into this mess to begin with? » More During the past year, the Fed has flooded the streets with money--distributing trillions of dollars to banks, financial markets and commercial interests--in an attempt to revive the credit system and get the economy growing again. As a result, the awesome authority of this cloistered institution is visible to many ordinary Americans for the first time. People and politicians are shocked and confused, and also angered, by what they see. They are beginning to ask some hard questions for which Federal Reserve governors do not have satisfactory answers. Where did the central bank get all the money it is handing out? Basically, the Fed printed it, out of thin air. That is what central banks do. Who told the Fed governors they could do this? Nobody, really--not Congress or the president. The Federal Reserve Board, alone among government agencies, does not submit its budgets to Congress for authorization and appropriation. It raises its own money, sets its own priorities.
Paul Merrell

Isis gains in Syria put pressure on west to deliver more robust response | World news |... - 0 views

www.theguardian.com/...ins-syria-pressure-west-robust

war & peace ISIL Syria U.S.-foreign-policy Free-Syrian-Army training impeachment Obama

shared by Paul Merrell on 30 Aug 14 - No Cached
  • As US aircraft continued to pound the Islamist militants in northern Iraq, the Obama administration was studying a range of options for pressuring Isis in Syria, primarily through training "moderate" Syrian rebels as a proxy force, with air strikes as a possible backup.
  • The favoured option, according to two administration officials, is to press forward with a training mission, led by elite special operations forces, aimed at making non-jihadist Syrians an effective proxy force. But the rebels are outgunned and outnumbered by Isis and the administration still has not received $500m from Congress for its rebel training plans. Pentagon officials said they had yet to work out what the training program would actually look like, where it will be hosted, or if air strikes on Isis targets in Syria will support it. For all the internal administration focus on propping up moderate Syrian rebels, the US military would not be able to begin training them until October, the earliest that Congressional approval could be obtained for the required funding and authorisation. Kirby said he was unaware of any "plan to accelerate it". Nor have critical details for the training program been worked out, despite it being effectively the lynchpin of what the administration considers a long-term plan to defeat Isis. "I can't tell you where it would take place, or how many people would be trained, and there's still a vetting process that needs to be fully developed here," Kirby conceded.
  • the White House went further than before in its condemnation of Isis, describing the killing of Foley as an act of terrorism. "When we see somebody killed in such a horrific way, that represents a terrorist attack against our country and against an American citizen, Rhodes said, saying the US would do whatever necessary to protect Americans in future."We are actively considering what is necessary to deal with that threat and we are not going to be restricted by borders," said Rhodes, briefing reporters at Martha's Vineyard, where the president is on vacation.
  • Paul Merrell on 30 Aug 14
     
    That is not a winning strategy. The Free Syrian Army has been a joke from the beginning, a largely fictional entity composed of "moderates" used as political cover for the U.S. to smuggle weapons to mercenaries paid by Saudi Arabia that operated under the "Al Nusrah" flag. Most of Al Nusrah and the FSF joined ISIS after the U.S. attack on Syria was called off last year. The real "moderates" in Syria are fighting for the Syrian government. So I view this "strategy" as mere window dressing so the Obama Administration can claim that it has one. 
  • Paul Merrell on 30 Aug 14
     
    That is not a winning strategy. The Free Syrian Army has been a joke from the beginning, a largely fictional entity composed of "moderates" used as political cover for the U.S. to smuggle weapons to mercenaries paid by Saudi Arabia that operated under the "Al Nusrah" flag. Most of Al Nusrah and the FSF joined ISIS after the U.S. attack on Syria was called off last year. The real "moderates" in Syria are fighting for the Syrian government. So I view this "strategy" as mere window dressing so the Obama Administration can claim that it has one. 
Gary Edwards

Comey has Long History of Cases Ending Favorable to Clintons - Tea Party News - 0 views

www.teaparty.org/ding-favorable-clintons-174947

Clinton Hillary

shared by Gary Edwards on 09 Jul 16 - No Cached
  • Messages found stored on Clinton’s private email server show that Berger – a convicted thief of classified documents – had been advising Clinton while she served as secretary of state and had access to emails containing classified information. For example, in an email dated Sept. 22, 2009, Berger advised Clinton advised how she could leverage information to make Israeli Prime Minister Benjamin Netanyahu more cooperative in discussions with the Obama administration over a settlement freeze.
  • Law firm ties Berger, Lynch, Mills Berger worked as a partner in the Washington law firm Hogan & Hartson from 1973 to 1977, before taking a position as the deputy director of policy planning at the State Department in the Carter administration. When Carter lost his re-election bid, Berger returned to Hogan & Hartson, where he worked until he took leave in 1988 to act as foreign policy adviser in Gov. Michael Dukakis’ presidential campaign. When Dukakis was defeated, Berger returned to Hogan & Hartson until he became foreign policy adviser for Bill Clinton’s presidential campaign in 1992. On March 28, WND reported Lynch was a litigation partner for eight years at Hogan & Hartson, from March 2002 through April 2010. Mills also worked at Hogan & Hartson, for two years, starting in 1990, before she joined then President-elect Bill Clinton’s transition team, on her way to securing a position as White House deputy counsel in the Clinton administration. According to documents Hillary Clinton’s first presidential campaign made public in 2008, Hogan & Hartson’s New York-based partner Howard Topaz was the tax lawyer who filed income tax returns for Bill and Hillary Clinton beginning in 2004. In addition, Hogan & Hartson in Virginia filed a patent trademark request on May 19, 2004, for Denver-based MX Logic Inc., the computer software firm that developed the email encryption system used to manage Clinton’s private email server beginning in July 2013. A tech expert has observed that employees of MX Logic could have had access to all the emails that went through her account.
  • In 1999, President Bill Clinton nominated Lynch for the first of her two terms as U.S. attorney for the Eastern District of New York, a position she held until she joined Hogan & Hartson in March 2002 to become a partner in the firm’s Litigation Practice Group. She left Hogan & Hartson in 2010, after being nominated by President Obama for her second term as U.S. attorney for the Eastern District of New York, a position she held until Obama nominated her to serve in her current position as attorney general. A report published April 8, 2008, by The American Lawyer noted Hogan & Hartson was among Hillary Clinton’s biggest financial supporters in the legal industry during her first presidential campaign. “Firm lawyers and staff have donated nearly $123,400 to her campaign so far, according to campaign contribution data from the Center for Responsive Politics,” Nate Raymond observed in The American Lawyer article. “Christine Varney, a partner in Hogan’s Washington, D.C., office, served as chief counsel to the Clinton-Gore Campaign in 1992.” While there is no evidence that Lynch played a direct role either in the tax work done by the firm for the Clintons or in linking Hillary’s private email server to MX Logic, the ethics of the legal profession hold all partners jointly liable for the actions of other partners in a business. “If Hogan and Hartson previously represented the Clintons on tax matters, it is incumbent upon U.S. Attorney General Loretta Lynch to [disclose] what, if any, role she had in such tax matters,” said Tom Fitton, president of Washington-based Judicial Watch.
  • ...4 more annotations...
  • HSBC link When Lynch’s nomination as attorney general was considered by the Senate one year ago, as WND reported, the Senate Judiciary Committee examined her role in the Obama administration’s decision not to prosecute the banking giant HSBC for laundering funds for Mexican drug cartels and Middle Eastern terrorists. WND was first to report in a series of articles beginning in 2012 money-laundering charges brought by John Cruz, a former HSBC vice president and relationship manager, based on his more than 1,000 pages of evidence and secret audio recordings. The staff of the Senate Judiciary Committee focused on Cruz’s allegations that Lynch, acting then in her capacity as the U.S. attorney for the Eastern District of New York, engaged in a Department of Justice cover-up. Obama’s attorney general nominee allowed HSBC in December 2011 to enter into a “deferred prosecution” settlement in which the bank agreed to pay a $1.9 billion fine and admit “willful criminal conduct” in exchange for dropping criminal investigations and prosecutions of HSBC directors or employees. Cruz called the $1.92 billion fine the U.S. government imposed on HSBC “a joke” and filed a $10 million lawsuit for “retaliation and wrongful termination.” From 2002 to 2003, Comey held the position of U.S. Attorney for the Southern District of New York, the same position held by Lynch. On March 4, 2013, he joined the HSBC board of directors, agreeing to serve as an independent non-executive director and a member of the bank’s Financial System Vulnerabilities Committee, positions he held until he resigned on Aug. 3, 2013, to become head of the FBI.
  • Comey, Fitzgerald and Valerie Plame On Jan. 1, 2004, the Washington Post reported that after Attorney General John Aschroft recused himself and his staff from any involvement in the investigation of who leaked the name of CIA employee Valerie Plame after journalist Robert Novak named her in print as a CIA operative, Comey assumed the role of acting attorney general for the purposes of the investigation. Comey appointed Patrick J. Fitzgerald, a U.S. attorney in Chicago, to act as special counsel in conducting the inquiry into what became known as “Plamegate.” At the time Comey made the appointment, Fitzgerald was already godfather to one of Comey’s children. On April 13, 2015, co-authoring a USA Today op-ed piece, Plame and her husband, retired ambassador Joseph Wilson, made public their support for Hillary Clinton’s 2016 presidential campaign, openly acknowledging their political closeness to both Hillary and Bill Clinton. The first two paragraphs of the editorial read: We have known Hillary Clinton both professionally and personally for close to 20 years, dating back to before President Bill Clinton’s first trip to Africa in 1998 — a trip that they both acknowledge changed their lives, and gave considerable meaning to their post-White House years and to the activities of the Clinton Foundation. Joe, serving as the National Security Council Senior Director for African Affairs, was instrumental in arranging that historic visit. Our history became entwined with Hillary further after Valerie’s identity as a CIA officer was deliberately exposed. That criminal act was taken in retribution for Joe’s article in The New York Times in which he explained he had discovered no basis for the Bush administration’s justification for the Iraq War that Saddam Hussein was seeking yellowcake uranium to develop a nuclear weapon.
  • In January 2016, Chuck Ross in the Daily Caller reported that Hillary Clinton emails made public made clear that one of her “most frequent favor-seekers when she was secretary of state was former Ambassador Joseph Wilson, a longtime Clinton friend, an endorser of Clinton’s 2008 presidential campaign, and an Africa expert with deep business ties on the continent.” Ross noted that Wilson emailed Clinton on Dec. 22, 2009, seeking help for Symbion Power, an American engineering contractor for whom Wilson consulted, in the company’s bid to pursue a U.S. Agency of International Development contract for work in Afghanistan. In the case of the Afghanistan project, Ross noted, Clinton vouched for Wilson and Symbion as she forwarded the request to Jack Lew, who served then as deputy secretary of state for management and resources. Ross further reported Wilson’s request might also have been discussed with President Obama, as one email indicates. In 2005, Fitzgerald prosecuted Libby, a prominent adviser to then Vice President Dick Cheney, in the Plame investigation, charging him with two counts of perjury, two counts of making false statements to federal prosecutors and one count of obstruction of justice. On March 6, 2007, Libby was convicted of four of the five counts, and on June 5, 2007, was sentenced by U.S. District Judge Reggie B. Walton to two and a half years in federal prison. On April 6, 2015, the Wall Street Journal reported the publication of New York Times reporter Judith Miller’s memoir “The Story: A Reporter’s Journey” exposed “unscrupulous conduct” by Fitzgerald in the 2007 trial of Libby.
  • WSJ reporter Peter Berkowitz noted Miller “writes that Mr. Fitzgerald induced her to give what she now realizes was false testimony.” “By withholding critical information and manipulating her memory as he prepared her to testify, Ms. Miller relates, Mr. Fitzgerald ‘steered’ her ‘in the wrong direction.’” http://www.wnd.com/2016/07/comey-has-long-history-of-clinton-related-cases/
  • Gary Edwards on 09 Jul 16
     
    Bend over and grab your ankles. The rats nest of Clinton operatives in Washington DC is far deeper than anyone ever imagined. "FBI Director James Comey has a long history of involvement in Department of Justice actions that arguably ended up favorable to the Clintons. In 2004, Comey, then serving as a deputy attorney general in the Justice Department, apparently limited the scope of the criminal investigation of Sandy Berger, which left out former Clinton administration officials who may have coordinated with Berger in his removal and destruction of classified records from the National Archives. The documents were relevant to accusations that the Clinton administration was negligent in the build-up to the 9/11 terrorist attack. On Tuesday, Comey announced that despite evidence of "extreme negligence by Hillary Clinton and her top aides regarding the handling of classified information through a private email server, the FBI would not refer criminal charges to Attorney General Loretta Lynch and the Justice Department. Curiously, Berger, Lynch and Cheryl Mills all worked as partners in the Washington law firm Hogan & Hartson, which prepared tax returns for the Clintons and did patent work for a software firm that played a role in the private email server Hillary Clinton used when she was secretary of state. Lynch and Comey both served as U.S. attorney for the Southern District of New York. They crossed paths in the investigation of HSBC bank, which avoided criminal charges in a massive money-laundering scandal for which the bank paid a $1.9 billion fine. After Attorney General John Aschroft recused himself in the Valerie Plame affair in 2004, Comey appointed as special counsel Patrick J. Fitzgerald, who ended up convicting "Scooter" Libby, a top aide to then Vice President Dick Cheney, of perjury and obstruction of justice. The charge affirmed the accusations of Plame and her former ambassador husband, Joe Wilson - both partisan supporters of Bill and
  • Paul Merrell on 10 Jul 16
     
    The "ethical" situation is far worse than described. Attorney disciplinary rules require that a lawyer, including all lawyers in the same firm, owe a lifetime duty of loyalty to a client, a duty that does not end with representation in a particular matter. Accordingly, Lynch had what the disciplinary rules refer to as an "actual conflict of interest" between her duties of loyalty to both Hillary and the U.S. government that required her withdrawal from representing either in the decision whether to prosecute Hillary. Saying that she would rubber stamp what Comey recommended was not the required withdrawal. Comey is an investigator, not a prosecutor. This was a situation for appointment of a special counsel to represent the Department of Justice in the decision whether to prosecute, not satisfied by rubber stamping Comey's recomendation,.
Paul Merrell

Iraq Says It's Launched Offensive to Recapture IS-Held Mosul - The New York Times - 0 views

www.nytimes.com/...ap-ml-islamic-state.html

war & peace Iraq Mosul-offensive

shared by Paul Merrell on 24 Mar 16 - No Cached
  • The Iraqi military backed by U.S.-led coalition aircraft on Thursday launched a long-awaited operation to recapture the northern city of Mosul from Islamic State militants, a military spokesman said.In the push, Iraqi forces retook several villages on the outskirts of the town of Makhmour, east of Mosul, early in the morning on Thursday and hoisted the Iraqi flag there, according to the spokesman for the Joint Military Command, Brig. Gen. Yahya Rasool.It was not immediately clear how long such a complex and taxing offensive would take. Only recently, Iraqi and U.S. officials refrained to give a specific time on when the Mosul operation could begin, saying it would take many months to prepare Iraq's still struggling military for the long-anticipated task of retaking the key city.Some U.S. and Iraqi officials have said it may not even be possible to retake it this year, despite repeated vows by Iraqi Prime Minister Haider al-Abadi.
  • Paul Merrell on 24 Mar 16
     
    The long-anticipated Mosul offensive begins.
Paul Merrell

Russia Reports Discovery of Rebel-Held Chemical Weapons at Site of Idlib Gas Attack - 0 views

www.mintpressnews.com/...226633

war & peace Syria Idlib-gas-attack Russia opposition-sarin

shared by Paul Merrell on 06 Apr 17 - No Cached
  • In the aftermath of yesterday’s chemical gas attack in Syria’s Idlib Province, numerous governments – including those that have funded and armed rebels in an attempt to overthrow the Syrian government – have accused the Syrian army of being primarily responsible for the attack, despite no independent confirmation of their claim and no investigation into who was truly responsible for the tragedy. As MintPress recently reported, the only information available regarding the attack so far has come from only two sources: the White Helmets and the Syrian Observatory for Human Rights. Both groups have strong ties to pro-interventionist governments that have armed and funded rebel groups and even have ties to al-Qaeda.
  • However, pro-interventionist elements in foreign governments and within the Syrian opposition seem disinterested in obtaining valid information, jumping on initial accusations from dubious sources to support long-standing efforts to destabilize and overthrow the Syrian government. Wednesday morning, while media outlets throughout the West ran headlines calling for foreign intervention in Syria with headlines like “We Must Not Look Away,” the Russian Defense Ministry announced a surprising discovery in Khan Sheikhoun the very township where the gas attack took place. Maj. Gen. Igor Konashenkov publicly stated Wednesday morning that a warehouse in the vicinity of Khan Sheikhoun had been destroyed as part of a Syrian Air Force airstrike conducted midday Tuesday, several hours after the gas attack. According to Konashenkov, the facility produced and stored shells that contained toxic gas, many of which had been delivered to Iraq and repeatedly used there by Daesh militants and other extremists. He also pointed out that the same weapons had been used by foreign-funded rebels in Aleppo in 2016 – a conclusion derived by the analysis of samples taken by Russian military experts. He also stated that the victims of yesterday’s gas attack displayed identical symptoms to those shown by victims of the Aleppo attack. Rebels operating in the area – all of which are allied with the al-Nusra Front and Ahrar al-Sham, both al-Qaeda affiliates – have rejected Konashenkov’s claims. Hasan Haj Ali, commander of the al-Nusra affiliate Free Idlib Army rebel group, told Reuters: “all the civilians in the area know that there are no military positions there, or places for the manufacture [of weapons]. The various factions of the opposition are not capable of producing these substances.”
  • However, it was proven back in 2013 that not only were the rebels capable of producing chemical weapons, but they had used them repeatedly in both Syria and Iraq. For instance, UN officials have confirmed that anti-Assad rebels were responsible for the 2013 sarin gas attack in Ghouta, another attack that was prematurely blamed on the Assad regime. In addition, Pulitzer Prize-winning journalist Seymour Hersh established in his 2014 piece “The Red Line and the Rat Line” that rebels have long had the capacity to carry out chemical weapon attacks and that countries such as Turkey and Saudi Arabia have supplied them with such weapons. Sria’s government, by contrast, no longer has chemical weapons, a fact established by the Organization for the Prohibition of Chemical Weapons (OPCW). The organization confirmed in 2016 that all Syrian government chemical weapons had been destroyed under their supervision per Assad’s affirmation of the International Chemical Weapons Convention three years prior. OPCW’s fact-finding mission, a joint effort with the United Nations, is still active within Syria and has yet to report its findings regarding Tuesday’s attack, according to a statement released Wednesday. In addition, questions have been raised regarding the information that has come from opposition sources regarding the gas attack in Idlib, particularly the now widely-shared images purporting to show victims of yesterday’s attack.
  • ...1 more annotation...
  • As Paul Antonopoulos of Al-Masdar News wrote: […] in the above picture, the White Helmets are handling the corpses of people without sufficient safety gear, most particularly with masks mostly used, as well as no gloves. […] Within seconds of exposure to sarin, the affects [sic] of the gas begin to target the muscle and nervous system. There is an almost immediate release of the bowels and the bladder, and vomiting is induced. When sarin is used in a concentrated area, it has the likelihood of killing thousands of people. Yet, such a dangerous gas, and the White Helmets are treating bodies with little concern to their exposed skin. This has to raise questions.” While Western governments and the corporate media have already assured themselves of Assad’s guilt, this latest discovery – along with other notable evidence – suggests that the basis for this assumption is faulty at best. The warehouse was discovered less than a day prior to a UN Security Council emergency meeting over Tuesday’s gas attack, leading many pro-interventionist governments to suggest that Russia is merely trying to protect its ally from international criticism and retaliation. Though the timing could be construed as suspect, Assad – on the verge of reclaiming nearly all Syrian cities from the opposition – stands little to gain from using internationally banned weapons, while the increasingly desperate NATO-armed and funded rebels are the greatest beneficiaries from the renewed calls for foreign intervention in Syria following Tuesday’s attack. At the very least, this latest discovery of a chemical weapons warehouse demands that world leaders, pro-intervention and otherwise, must wait for a complete investigation of the incident before taking drastic action. As Antonopoulos noted: “Before the war cries begin and the denouncement of the government from high officials in power positions begin, time must be given so that all evidence can emerge.”
  • Paul Merrell on 06 Apr 17
     
    As the U.S. prepares to go to war against Syria for its alleged gas attack in Idlib province ...
Joe La Fleur

Rationing Begins: States Limiting Drug Prescriptions for Medicaid Patients | CNSNews.com - 1 views

cnsnews.com/...rescriptions-medicaid-patients

states begins prescriptions medicaid patients

shared by Joe La Fleur on 31 Jul 12 - No Cached
  • Joe La Fleur on 31 Jul 12
     
    obama care starting to take its toll
Gary Edwards

IRS Lawyer Carter Hull Confirms Tea Party Targeting Ordered By Washington - Investors.com - 0 views

news.investors.com/...hington-targeted-tea-party.htm

Christine-ODonnell IRS-gate irs

shared by Gary Edwards on 19 Jul 13 - No Cached
  • Hull has confirmed the premeditated targeting of Tea Party groups went even higher than him or Lerner.
  • Apparently not only Tea Party groups were targeted but actual candidates as well. On March 9, 2010, the day Tea Party candidate Christine O'Donnell revealed her plan to run for Vice President Joe Biden's former Delaware Senate seat , an IRS tax lien was placed on a house purported to be hers, an action that was quickly publicized by those who did not wish her well.
  • Earlier this year, Dennis Martel, special agent with the Department of Treasury in Baltimore, left a message on O'Donnell's cell phone telling her that an official in Delaware state government had improperly accessed her records on that very same day. The problem was that the house was not hers in the first place and the IRS eventually blamed the lien on a computer glitch and withdrew it.
  • ...1 more annotation...
  • To us it is inconceivable that one of only two political appointees was directly involved in targeting of Tea Party groups without White House knowledge and consent. It is said the fish rots from the head, and this one is really beginning to stink.
  • Gary Edwards on 19 Jul 13
     
    This has gone way too far.  The 2012 elections must be nullified and rescheduled.  Tens of millions of American citizens have been systematically targeted, their civil and Constitutional rights destroyed, and their voices and votes politically eliminated by a massive government conspiracy.  The 2012 election is a fraud.  And nothing short of complete nullification and recall, and the termination of the IRS will do the great Republic justice. excerpt: Scandal: A retiring IRS lawyer implicates the IRS chief counsel's office, headed by an Obama appointee, as well as the head of the IRS' exempt organizations office. The targeting included a Tea Party Senate candidate. In Thursday's hearing before the House Oversight Committee, 72-year-old retiring IRS lawyer Carter Hull implicated the IRS chief counsel's office headed by William J. Wilkins, who attended at least nine White House meetings, and Lois Lerner, head of the exempt-organizations office, in the IRS scandal. In so doing, he made clear the targeting of Tea Party groups started in Washington and was directed from Washington. A tax-law specialist with 48 years of IRS experience, Hull testified that Lerner, the former head of the exempt organizations division, demanded that he send some of the reviews of Tea Party groups to the IRS chief counsel's office in Washington. The chief counsel is one of two political appointees in the IRS. According to Hull's testimony, Lerner, who famously pleaded her Fifth Amendment rights before the same committee, gave an atypical instruction that the Tea Party applications undergo special scrutiny that included an uncommon multilayer review that involved a top adviser to Lerner as well as the chief counsel's office. Hull's name came up earlier in the testimony of Holly Paz, a D.C.-based supervisor in the IRS's tax-exempt status division, who reported to Lerner. It was on May 22, the day after Paz was interviewed by investigators, that Lerner refused to answer questions from
Paul Merrell

BERLIN: German expose of America's "Secret War" attracts quick, strong U.S. rebuttal | ... - 0 views

www.mcclatchydc.com/...expose-of-americas-secret.html

surveillance state U.S. Germany drone attacks NSA-blowback

shared by Paul Merrell on 18 Nov 13 - No Cached
  • BERLIN — To appreciate the scope and impact of a joint investigative series by the highly regarded German newspaper Sueddeutsche Zeitung and German public television station NDR on the depth of American trespasses in this country, you don’t even have to read a word of the reports, or watch the videos.All you really have to do is take a look at the U.S. Embassy rebuttal of the series. The multi-part, multi-media series was put on line beginning Friday morning, though some parts weren’t up until evening. And others are said to be coming during the coming weeks. The U.S. Embassy in Germany press office statement came out just after 3 p.m.
  • News report charges U.S. with conducting illegal operations from German soil
  • The newspaper reaction to that reaction: "The American Embassy also comments and rejects the reports as innuendo. They are stating the the United States "are not kidnapping and torturing on principal." This is a daring claim. Only seven months ago a commission made up of Democrats and Republicans called it "undeniable" that the United States tortured inmates following the terror attacks of 2001. Even President Barack Obama said in 2009 that the American practice of water boarding was torture." The website does note that almost 20 reporters started gathering this series more than a year ago.So it doesn't look as if the newspaper and television station will be backing away from their reporting just yet.In any case, the U.S. embassy makes a strong statement, and takes on some of Germany's most respected journalists.Why? One piece of the SZ English language version of the series begins:“Tapping Germany’s Chancellor Angela Merkel’s phone would seem like an outrageous breach of trust—except that there have been so many other, deadlier and lesser-known, breaches of trust wrought by the U.S. in Germany in recent years.
  • ...2 more annotations...
  • “Where to begin? There’s the worldwide secret drone war—a massive break with international law. Then there’s the large and growing shadow army of private spies. And, finally, the asylum seekers, whose knowledge is unwittingly used to drop bombs in their home countries.“The worst part? Germany doesn't even seem to mind.”The series goes on at great detail in each of these areas. At times, it advances with videos, including one showing it's reporter being stopped from shooting video near the U.S. Embassy in Berlin, or near a number of bases, and allegedly secret bases, of both the United States and the United Kingdom around Germany.The series reports that the $3 billion a year the United States spends in Germany pay for everything from bases for the 43,000 U.S. soldiers stationed here to the American drone campaign in Africa. According to the newspaper’s English language version, that drone program works like this:
  • “First they practice with their 57 drones getting ready for the real thing. When they receive intelligence on potential targets and suspected terrorists, they deliver that information to U.S. intelligence officers, also based in Germany. And these soldiers are responsible when innocent civilians in Africa die as a result. Moral issues aside, the fact remains: without these bases in Germany, the U.S.’s ‘war on terror’ would not be the well-oiled machine it is now. Germany acts as the headquarters for secret wars in Africa, the European hub for CIA operations and the training ground for drone attacks worldwide. And Germany’s location is indispensable.”There is much, much more, here. And the website notes that stories will be coming out during the next several weeks. 
  • Paul Merrell on 18 Nov 13
     
    German journalists are doing their own digging on U.S. abuse of that nation as a major base for spying and waging war against Africa. In the last line of the quoted article, there is a link to a site that is translating the German reports. 
Paul Merrell

For All the Hype, the Uninsured Rate Is the Same As It Was At The Beginning of Obama's ... - 0 views

www.washingtonsblog.com/...ate-beginning-obamas-term.html

Obamacare uninsured-rates

shared by Paul Merrell on 10 Apr 14 - No Cached
  • Obamacare Is All Hype Progressive writer Matt Stoller tweets: For all the hype, the uninsured rate is the same as it was at the beginning of Obama’s term Stoller links to a new Gallup poll which finds: The uninsured rate is now at the lowest level recorded since late 2008.
  • Paul Merrell on 10 Apr 14
     
    See also the graph on the linked page.
Paul Merrell

Victory! World's Largest Nation Bans GMO Food Crops | New Eastern Outlook - 0 views

m.journal-neo.org/...est-nation-bans-gmo-food-crops

GMOs economic-warfare Russia homesteads

shared by Paul Merrell on 09 Oct 15 - No Cached
  • Victories are to be celebrated and for the future of healthy life on our planet we all can celebrate a beautiful victory. The world’s largest nation, the Russian Federation, whose landmass spans Eurasia from the Baltic and Ukraine on the west to Vladivostock and the Pacific on her east, has formally declared all commercial planting of Genetically Modified Organisms, GMOs, to be prohibited. The issue has been subject of a heated debate for some months inside Russia. In February 2014, just days prior to the US-orchestrated coup d’etat in Ukraine, Russian Prime Minister Dmitry Medvedev created a national research project to obtain scientific information so the Government and Duma might make a decision on GMOs in Russia. Now a definitive decision has been made, and it goes against Monsanto and the US-led GMO cartel. We can say Russia’s crisis has concentrated minds on the essentials of life.
  • Russian Deputy Prime Minister Arkady Dorkovich told an international biotechnology conference in Kirov September 18, “As far as genetically-modified organisms are concerned, we have made the decision not to use any GMO in food productions.” Last year the Duma or parliament voted to make tough GMO labeling laws as a first step to the new ban in order to inform consumers of presence of GMO in various foods they buy. That was before US and EU sanctions led to Russian counter-sanctions against EU imports of agriculture products. In August 2014, the Russian government announced its bans on import from the EU and several other countries of meat, fish, dairy products, fruit and vegetables as a response to the sanctions. It produced surprising results. Since the imposition of tough Russian food import bans, Russian agriculture has undergone a spectacular rebirth.
  • This July, taking a page out of American history, the Russian government announced it was drafting a Russian “Homestead Act.” The Russian government is finalizing a bill which will give an opportunity to every Russian citizen to obtain one hectare of land, or a maximum of five hectares for a family of five, in the Russian Far East for free. They can use the land to farm, to do forestry or simply build a home and live, so long as they use the land for the first five years. After, they own the land free if the plot has been used for activities not banned by Russian laws, reported TASS. In the case of non-use the land will be confiscated and revert back to the government. Foreigners will have no right to get the free land. The new land law, if passed in the Duma, will take effect in January, 2016.
  • ...2 more annotations...
  • Food production in Russia’s under-populated far-east region is also set to boom. On September 3 in Vladivostok at the first Eastern Economic Forum, Russia’s Agriculture Ministry announced the creation of a new $10 billion agriculture development fund together with China. A number of financial institutions, including Russia’s state-owned Sberbank, will participate in its operations. The aim of the fund is to stimulate the production of 10 million tons of grain and agricultural products annually, beginning 2020.
  • A recent poll suggests there is significant interest in the offer, with some 30 million mostly young Russians ready to “go east.” Following the economic devastation of Russia during the Yeltsin era of the 1990s, eastern regions suffered economic collapse and significant depopulation as people migrated to cities to survive. Into this broader context of recent developments, the definitive government ban on growing GMO crops in the Russian Federation adds a major new attraction. Russia stands to become one of the world’s most desired producers of natural, organic non-GMO-contaminated food for the world. Today, the once-great American agriculture has been de-humanized, industrialized, by giant agribusiness concerns, and contaminated by Monsanto and GMO plants along with its deadly herbicides containing toxic glyphosate. More than 80% of all US corn is GMO and almost 100% of USA soybeans. This is no small matter. Exports of GMO soybeans and corn are allowed unlabeled, by loopholes, into the European Union as well as into China. That means that most of the meat and even farmed fish that European and Chinese consumers eat contains indirect GMO crops and toxins. In light of all this it might make sense to treat Russia a little more politely in the future if we want to eat healthy food. They are doing what we should be doing, but don’t. Why?
  • Paul Merrell on 09 Oct 15
     
    5 hectares == 12.35 acres. Times 30 million Russians == 370.5 million acres less space for a home and a driveway. That's a lot of new agricultural production.  Bear in mind that Russia imported most of its food from Europe before the Ukraine sanctions. This article is about the evaporation of foreign trade that Europe will never get back.And it's about new Russian agricultural exports to China. Perhaps even about eventual exports to the U.S. for those who want a "GMO-free" label on their food. This is very bad news for Monsanto and other biotech companies in the U.S, especially a few years down the road when other countries begin importing Russian GMO-free food.  
Paul Merrell

Syria: US Success Would Only Be the End of the Beginning | nsnbc international - 0 views

nsnbc.me/...ly-be-the-end-of-the-beginning

war & peace U.S.-foreign-policy Iran Israel MEK

shared by Paul Merrell on 11 Oct 15 - No Cached
  • An October 7, 2015 hearing before the US Senate Committee on Armed Forces (SASC) titled, “Iranian Influence in Iraq and the Case of Camp Liberty,” served as a reaffirmation of America’s commitment to back the terrorist organization Mujahedeen e-Khalq (MEK) and specifically 2,400 members of the organization being harbored on a former US military base in Iraq.
  • Providing testimony was former US Senator Joseph I. Lieberman, former US Marine Corps Commandant and former Supreme Allied Commander Europe General James Jones, USMC (Ret.), and Colonel Wesley Martin, US Army (Ret.). All three witnesses made passionate pleas before a room full of nodding senators for America to continue backing not only MEK terrorists currently harbored on a former US military base in Iraq, but to back groups like MEK inside of Iran itself to threaten the very survival of the government in Tehran. In the opening remarks by Lieberman, he stated: It was not only right and just that we took them off the foreign terrorist organization list, but the truth is now that we ought to be supportive of them and others in opposition to the government in Iran more than we have been.
  • Lieberman would also state (emphasis added): Here’s my point Mr. Chairman, we ought to compartmentalize that agreement also, that nuclear agreement. We ought to put it over there, and not let it stop us from confronting what they’re doing in Syria. Continuing the sanctions for human rights violations in Iran in support of terrorism. And here’s the point I want to make about the National Council of Resistance of Iran and other democratic opposition groups that are Iranian – we ought to be supporting them.  This regime in Tehran is hopeless. It’s not going to change. There’s no evidence … every piece of evidence says the contrary. So I hope we can find a way, we used to do this not so long ago, supporting opposition groups in Iran. They deserve our support, and actually they would constitute a form of pressure on the government in Tehran that would unsettle them as much as anything else we could do because it would threaten the survival of the regime which from every objective indicator I can see is a very unpopular regime in Iran.  The United States, unrepentant regarding the arc of chaos, mass murder, terrorism, civilizational destruction it has created stretching from Libya to Syria, now seeks openly to extend it further into Iran using precisely the same tactics – the use of terrorist proxies – to dismantle and destroy Iranian society.
  • ...6 more annotations...
  • MEK has carried out decades of brutal terrorist attacks, assassinations, and espionage against the Iranian government and its people, as well as targeting Americans including the attempted kidnapping of US Ambassador Douglas MacArthur II, the attempted assassination of USAF Brigadier General Harold Price, the successful assassination of Lieutenant Colonel Louis Lee Hawkins, the double assassinations of Colonel Paul Shaffer and Lieutenant Colonel Jack Turner, and the successful ambush and killing of American Rockwell International employees William Cottrell, Donald Smith, and Robert Krongard. Admissions to the deaths of the Rockwell International employees can be found within a report written by former US State Department and Department of Defense official Lincoln Bloomfield Jr. on behalf of the lobbying firm Akin Gump in an attempt to dismiss concerns over MEK’s violent past and how it connects to its current campaign of armed terror – a testament to the depths of depravity from which Washington and London lobbyists operate. To this day MEK terrorists have been carrying out attacks inside of Iran killing political opponents, attacking civilian targets, as well as carrying out the US-Israeli program of targeting and assassinating Iranian scientists. MEK terrorists are also suspected of handling patsies in recent false flag operations carried out in India, Georgia, and Thailand, which have been ham-handedly blamed on the Iranian government.
  • MEK is described by Council on Foreign Relations Senior Fellow Ray Takeyh as a “cult-like organization” with “totalitarian tendencies.” While Takeyh fails to expand on what he meant by “cult-like” and “totalitarian,” an interview with US State Department-run Radio Free Europe-Radio Liberty reported that a MEK Camp Ashraf escapee claimed the terrorist organization bans marriage, using radios, the Internet, and holds many members against their will with the threat of death if ever they are caught attempting to escape. Not once is any of this backstory mentioned in the testimony of any of the witnesses before the senate hearing, defiling the memories of those who have been murdered and otherwise victimized by this terrorist organization. The de-listing of MEK in 2012 as a foreign terrorist organization by the US State Department is another indictment of the utter lack of principles the US clearly hides behind rather than in any way upholds as a matter of executing foreign policy.
  • MEK has already afforded the US the ability to wage a low-intensity conflict with Iran. MEK’s role in doing so was eagerly discussed in 2009, several years before it was even de-listed as a terrorist organization by the US State Department in the Brooking Institution’s policy paper “Which Path to Persia? Options for a New American Strategy Toward Iran” (PDF). The report stated (emphasis added): Perhaps the most prominent (and certainly the most controversial) opposition group that has attracted attention as a potential U.S. proxy is the NCRI (National Council of Resistance of Iran), the political movement established by the MEK (Mujahedin-e Khalq). Critics believe the group to be undemocratic and unpopular, and indeed anti-American.
  • In contrast, the group’s champions contend that the movement’s long-standing opposition to the Iranian regime and record of successful attacks on and intelligence-gathering operations against the regime make it worthy of U.S. support. They also argue that the group is no longer anti-American and question the merit of earlier accusations. Raymond Tanter, one of the group’s supporters in the United States, contends that the MEK and the NCRI are allies for regime change in Tehran and also act as a useful proxy for gathering intelligence. The MEK’s greatest intelligence coup was the provision of intelligence in 2002 that led to the discovery of a secret site in Iran for enriching uranium.   Despite its defenders’ claims, the MEK remains on the U.S. government list of foreign terrorist organizations. In the 1970s, the group killed three U.S. officers and three civilian contractors in Iran. During the 1979-1980 hostage crisis, the group praised the decision to take America hostages and Elaine Sciolino reported that while group leaders publicly condemned the 9/11 attacks, within the group celebrations were widespread. Undeniably, the group has conducted terrorist attacks—often excused by the MEK’s advocates because they are directed against the Iranian government. For example, in 1981, the group bombed the headquarters of the Islamic Republic Party, which was then the clerical leadership’s main political organization, killing an estimated 70 senior officials. More recently, the group has claimed credit for over a dozen mortar attacks, assassinations, and other assaults on Iranian civilian and military targets between 1998 and 2001. At the very least, to work more closely with the group (at least in an overt manner), Washington would need to remove it from the list of foreign terrorist organizations.
  • Proof that Brookings’ policy paper was more than a mere theoretical exercise, in 2012 MEK would indeed be de-listed by the US State Department with support for the terrorist organization expanded. The fact that former senators and retired generals representing well-funded corporate think tanks even just this week are plotting to use MEK to overthrow the Iranian government should raise alarms that other criminality conspired within the pages of this policy paper may still well be in play. Lieberman himself suggests that proxy war and regime-change should proceed regardless of the so-called “nuclear deal” – with the 2009 Brookings report itself having stated that (emphasis added): …any military operation against Iran will likely be very unpopular around the world and require the proper international context—both to ensure the logistical support the operation would require and to minimize the blowback from it. The best way to minimize international opprobrium and maximize support (however, grudging or covert) is to strike only when there is a widespread conviction that the Iranians were given but then rejected a superb offer—one so good that only a regime determined to acquire nuclear weapons and acquire them for the wrong reasons would turn it down. Under those circumstances, the United States (or Israel) could portray its operations as taken in sorrow, not anger, and at least some in the international community would conclude that the Iranians “brought it on themselves” by refusing a very good deal.  Clearly, both Brookings in 2009, and Lieberman this week have conspired to use the so-called “Iranian Nuclear Deal” as cover for betrayal and regime change.
  • For those wondering why Russia has intervened in Syria in the matter that it has, it should be plainly obvious. The US has no intention to stop in Syria. With Iraq, Afghanistan, and Libya behind it, and Syria within its clutches, it is clear that Iran is next, and inevitably this global blitzkrieg will not stop until it reaches Moscow and Beijing. Even as the US adamantly denies the obvious – that is has intentionally created and is currently perpetuating Al Qaeda, the so-called “Islamic State,” and other terrorist groups in Syria, it is openly conspiring to use another army of terrorists against neighboring Iran, live before a US Senate hearing. Should the US succeed in Syria, it would not be the end of the conflict, but only the end of the beginning of a much wider world war.
Paul Merrell

Senior US official in Venezuela for meetings with Maduro - The Washington Post - 0 views

www.washingtonpost.com/...4-b6d7-b9bc8acf16f7_story.html

war & peace Venezuela U.S.-foreign-policy Summit-of-the-Americas

shared by Paul Merrell on 09 Apr 15 - No Cached
  • A senior U.S. diplomat was in Venezuela on Wednesday for talks with President Nicolas Maduro ahead of a regional summit in which tensions between Caracas and Washington threatened to overshadow a thaw in U.S.-Cuba relations. News of the visit by State Department counselor Thomas Shannon came after Maduro announced promotions for two of the seven officials the United States sanctioned in March for alleged human rights violations and corruption. Caracas responded at the time by ordering most U.S. diplomats posted in the Venezuela capital to leave. Shannon flew to Venezuela on Tuesday after its leaders invited the Obama administration to send a senior official to Caracas in advance of the three-day Summit of the Americas, which begins Friday in Panama.
  • Shannon was expected to meet with Venezuela’s opposition coalition Thursday. There was no immediate word on the content of the talks. Maduro made his announcement about the promotions of two officials on Tuesday evening. One of the promoted officials is Katherine Harrington, who will oversee criminal investigations. As a prosecutor, she has charged several opposition members with attempting to overthrow the government. The other is Manuel Perez Urdaneta, who will oversee citizen safety. He was previously national police director. Maduro has called the sanctions an act of war and hails as national heroes those who have had their U.S. assets frozen and visas revoked.
  • Also on Wednesday, Brazilian President Dilma Rousseff spoke to Maduro and Vice President Joe Biden on the phone Tuesday, according to a statement released by her administration. She found that Maduro is willing to smooth relations with the U.S., and offered her help in fostering dialogue, according to the statement.
  • Paul Merrell on 09 Apr 15
     
    More efforts to get Obama thriough the Summit of the Americas conference that begins today with the least embarrassment stemming from the failed U.S. attempt to overthrow Venezuela's government earlier this year. The most detailed account of the coup attempt and its defeat is at http://www.voltairenet.org/article186879.html
Paul Merrell

US's Saudi Oil Deal from Win-Win to Mega-Loose | nsnbc international - 0 views

nsnbc.me/...eal-from-win-win-to-mega-loose

must-read banksters big oil Saudis Russia shale-oil U.S.-foreign-policy

shared by Paul Merrell on 09 Aug 15 - No Cached
  • Who would’ve thought it would come to this? Certainly not the Obama Administration, and their brilliant geo-political think-tank neo-conservative strategists. John Kerry’s brilliant “win-win” proposal of last September during his September 11 Jeddah meeting with ailing Saudi King Abdullah was simple: Do a rerun of the highly successful State Department-Saudi deal in 1986 when Washington persuaded the Saudis to flood the world market at a time of over-supply in order to collapse oil prices worldwide, a kind of “oil shock in reverse.” In 1986 was successful in helping to break the back of a faltering Soviet Union highly dependent on dollar oil export revenues for maintaining its grip on power. So, though it was not made public, Kerry and Abdullah agreed on September 11, 2014 that the Saudis would use their oil muscle to bring Putin’s Russia to their knees today.
  • It seemed brilliant at the time no doubt. On the following day, 12 September 2014, the US Treasury’s aptly-named Office of Terrorism and Financial Intelligence, headed by Treasury Under-Secretary David S. Cohen, announced new sanctions against Russia’s energy giants Gazprom, Gazprom Neft, Lukoil, Surgutneftgas and Rosneft. It forbid US oil companies to participate with the Russian companies in joint ventures for oil or gas offshore or in the Arctic. Then, just as the ruble was rapidly falling and Russian major corporations were scrambling for dollars for their year-end settlements, a collapse of world oil prices would end Putin’s reign. That was clearly the thinking of the hollowed-out souls who pass for statesmen in Washington today. Victoria Nuland was jubilant, praising the precision new financial warfare weapon at David Cohen’s Treasury financial terrorism unit. In July, 2014 West Texas Intermediate, the benchmark price for US domestic oil pricing, traded at $101 a barrel. The shale oil bonanza was booming, making the US into a major oil player for the first time since the 1970’s. When WTI hit $46 at the beginning of January this year, suddenly things looked different. Washington realized they had shot themselves in the foot.
  • They realized that the over-indebted US shale oil industry was about to collapse under the falling oil price. Behind the scenes Washington and Wall Street colluded to artificially stabilize what then was an impending chain-reaction bankruptcy collapse in the US shale oil industry. As a result oil prices began a slow rise, hitting $53 in February. The Wall Street and Washington propaganda mills began talking about the end of falling oil prices. By May prices had crept up to $62 and almost everyone was convinced oil recovery was in process. How wrong they were.
  • ...5 more annotations...
  • Since that September 11 Kerry-Abdullah meeting (curious date to pick, given the climate of suspicion that the Bush family is covering up involvement of the Saudis in or around the events of September 11, 2001), the Saudis have a new ageing King, Absolute Monarch and Custodian of the Two Holy Mosques, King Salman, replacing the since deceased old ageing King, Abdullah. However, the Oil Minister remains unchanged—79-year-old Ali al-Naimi. It was al-Naimi who reportedly saw the golden opportunity in the Kerry proposal to use the chance to at the same time kill off the growing market challenge from the rising output of the unconventional USA shale oil industry. Al-Naimi has said repeatedly that he is determined to eliminate the US shale oil “disturbance” to Saudi domination of world oil markets. Not only are the Saudis unhappy with the US shale oil intrusion on their oily Kingdom. They are more than upset with the recent deal the Obama Administration made with Iran that will likely lead in several months to lifting Iran economic sanctions. In fact the Saudis are beside themselves with rage against Washington, so much so that they have openly admitted an alliance with arch foe, Israel, to combat what they see as the Iran growing dominance in the region—in Syria, in Lebanon, in Iraq.
  • This has all added up to an iron Saudi determination, aided by close Gulf Arab allies, to further crash oil prices until the expected wave of shale oil company bankruptcies—that was halted in January by Washington and Wall Street manipulations—finishes off the US shale oil competition. That day may come soon, but with unintended consequences for the entire global financial system at a time such consequences can ill be afforded. According to a recent report by Wall Street bank, Morgan Stanley, a major player in crude oil markets, OPEC oil producers have been aggressively increasing oil supply on the already glutted world market with no hint of a letup. In its report Morgan Stanley noted with visible alarm, “OPEC has added 1.5 million barrels/day to global supply in the last four months alone…the oil market is currently 800,000 barrels/day oversupplied. This suggests that the current oversupply in the oil market is fully due to OPEC’s production increase since February alone.” The Wall Street bank report adds the disconcerting note, “We anticipated that OPEC would not cut, but we didn’t foresee such a sharp increase.” In short, Washington has completely lost its strategic leverage over Saudi Arabia, a Kingdom that had been considered a Washington vassal ever since FDR’s deal to bring US oil majors in on an exclusive basis in 1945.
  • That breakdown in US-Saudi communication adds a new dimension to the recent June 18 high-level visit to St. Petersburg by Muhammad bin Salman, the Saudi Deputy Crown Prince and Defense Minister and son of King Salman, to meet President Vladimir Putin. The meeting was carefully prepared by both sides as the two discussed up to $10 billion of trade deals including Russian construction of peaceful nuclear power reactors in the Kingdom and supplying of advanced Russian military equipment and Saudi investment in Russia in agriculture, medicine, logistics, retail and real estate. Saudi Arabia today is the world’s largest oil producer and Russia a close second. A Saudi-Russian alliance on whatever level was hardly in the strategy book of the Washington State Department planners.…Oh shit! Now that OPEC oil glut the Saudis have created has cracked the shaky US effort to push oil prices back up. The price fall is being further fueled by fears that the Iran deal will add even more to the glut, and that the world’s second largest oil importer, China, may cut back imports or at least not increase them as their economy slows down. The oil market time bomb detonated in the last week of June. The US price of WTI oil went from $60 a barrel then, a level at which at least many shale oil producers can stay afloat a bit longer, to $49 on July 29, a drop of more than 18% in four weeks, tendency down. Morgan Stanley sounded loud alarm bells, stating that if the trend of recent weeks continues, “this downturn would be more severe than that in 1986. As there was no sharp downturn in the 15 years before that, the current downturn could be the worst of the last 45+ years. If this were to be the case, there would be nothing in our experience that would be a guide to the next phases of this cycle…In fact, there may be nothing in analyzable history.”
  • October is the next key point for bank decisions to roll-over US shale company loans or to keep extending credit on the (until now) hope that prices will slowly recover. If as strongly hinted, the Federal Reserve hikes US interest rates in September for the first time in the eight years since the global financial crisis erupted in the US real estate market in 2007, the highly-indebted US shale oil producers face disaster of a new scale. Until the past few weeks the volume of US shale oil production has remained at the maximum as shale producers desperately try to maximize cash flow, ironically, laying the seeds of the oil glut globally that will be their demise. The reason US shale oil companies have been able to continue in business since last November and not declare bankruptcy is the ongoing Federal Reserve zero interest rate policy that leads banks and other investors to look for higher interest rates in the so-called “High Yield” bond market. Back in the 1980’s when they were first created by Michael Millken and his fraudsters at Drexel Burnham Lambert, Wall Street appropriately called them “junk bonds” because when times got bad, like now for Shale companies, they turned into junk. A recent UBS bank report states, “the overall High-Yield market has doubled in size; sectors that witnessed more buoyant issuance in recent years, like energy and metals mining, have seen debt outstanding triple or quadruple.”
  • Assuming that the most recent downturn in WTI oil prices continues week after week into October, there well could be a panic run to sell billions of dollars of those High-Yield, high-risk junk bonds. As one investment analyst notes, “when the retail crowd finally does head for the exits en masse, fund managers will be forced to come face to face with illiquid secondary corporate credit markets where a lack of market depth…has the potential to spark a fire sale.” The problem is that this time, unlike in 2008, the Federal Reserve has no room to act. Interest rates are already near zero and the Fed has bought trillions of dollars of bank bad debt to prevent a chain-reaction US bank panic. One option that is not being discussed at all in Washington would be for Congress to repeal the disastrous 1913 Federal Reserve Act that gave control of our nation’s money to a gang of private bankers, and to create a public National Bank, owned completely by the United States Government, that could issue credit and sell Federal debt without the intermediaries of corrupt Wall Street bankers as the Constitution intended. At the same time they could completely nationalize the six or seven “Too Big To Fail” banks behind the entire financial mess that is destroying the foundations of the United States and by extension of the role of the dollar as world reserve currency, of most of the world.
  • Paul Merrell on 09 Aug 15
     
    I give a lot of credibility to this article's author when it comes to matters involving the oil market. Remember when reading that the only thing propping up the U.S. dollar is the Saudi (later extended to all OPEC nations) insistence that they be paid for their oil and natural gas in U.S. dollars, which creates artificial demand for the dollar globally. If the Gulf Coast States begin accepting payment in rubles or yuan, it is curtains for the U.S. dollar in global markets.  
Gary Edwards

Of Bailouts, Bonuses, and Generational Responsibility from The Daily Bail - 0 views

www.google.com/...view

obammunism baby-boomers john-gallo financial-collapse

shared by Gary Edwards on 09 Apr 10 - No Cached
  • When one transfers the learned behavior of selfishness to the world of economics, it is east to see how we got to the world of adjustable rate mortgages, thirty-to-one leverage, credit default swaps, and thirty year hedge fund workers acting as is million dollar paychecks was an otherwise normal entitlement.  If it felt good, it was therefore right – and by all means, don’t rock the boat.  And what we are witnessing today in Washington and Wall Street in response to our economic crisis is nothing but a conscious and willing decision to pass off to the next generation the cost of our mistakes.
  • the fundamental principles of capitalism – namely that bad actors need to fail.
  • First and most foremost, the Congress needs to institute a modernized version of Glass-Stegall and separate commercial banking from investment banking activities. What we have seen in the abolishment Glass-Stegall (please thank Mr. Rubin formerly of Goldman Sachs) is the creation of federally subsidize casinos masquerading as publicly traded financial institutions.  They kept profits from over-leveraged bets and were kind enough to pass their losses onto the taxpayers.  Second, Congress needs to repeal legislation (Gramm-Leach) that allowed financial institutions not only to leverage in ways previously not permitted, but which also granted banks and financial situations exemption from federal gambling laws. Third, and this is where moral outrage hits home to those on Wall Street, we cannot live in a country in which any company is allowed to manipulate the levers of government in such a way as to make itself obscenely rich at the expense of the public.
  • ...11 more annotations...
  • We saw as we proceeded through life that pursuing one’s self-interest was rewarded just as often than doing what was right, that morals were relative, and that there would be no consequences to bad behavior. It became de rigueur to assume that our parents (and their lawyers) would save us from our bad behavior.
  • no consequences to irresponsible behavior.
  • it is hard to avoid the reality that my generation, the baby boomers who are now approaching retirement, have caused the greatest collapse of the world economy since the 1930s, and in the process damaged this country in ways we are now only beginning to understand.
  • Goldman is only the largest corporate contributor to the Obama administration
  • Looking back more eighteen months after the first signs of distress in our economy appeared, it seems that leaders in Congress and Wall Street have erred in a manner never before witnessed in this nation.  In the process, they have conspired through their collective arrogance, greed, and ignorance to damage the economy of the country (if not the world), make many themselves rich beyond the imaginations of most Americans, and in the process commit the greatest financial rape of the American public in the history of the country.  And if that does resonate, then either you have not been paying attention for the past two years, or you have received your paycheck form Goldman Sachs.
  • Capitalism remains the best economic system on the planet, but when those who have profited handsomely seek to socialize losses caused by their errors, then those in power in Washington have a moral responsibility to demand an accounting.  Our anger comes from the fact that our leaders have failed in their public obligations at the expense of the interests on Wall Street, and in the process created the greatest social divide that this country has seen in the past 40 years.
  • our nation has one of the highest ratios of debt to GDP on the globe
  • Finally, the administration should demand (I know it won’t) that Goldman Sachs return the approximately $13 billion it received in backdoor payments through AIG when AIG received $180 billion in bailout money. That $13 billion belongs to the taxpayers of this country, and the decision to allow Goldman to receive that money perhaps stands as the greatest moral outrage of this entire sordid affair.  
  • he nation will not die; to the contrary, it would become stronger if we permit free markets to work, and allow the next-generation to live unburdened by our mistakes and arrogance.
  • The proposal in question was Ryan's "Roadmap for America's Future," a sweeping plan to stave off the nation's looming economic and fiscal collapse by changing the tax code, overhauling the health care system, and reforming the nation's major entitlement programs. Its debt-reducing claims aren't based on mere fantasy -- the Congressional Budget Office has determined that the plan would boost economic growth while making Medicare and Social Security solvent. And it accomplishes these aims without raising taxes or affecting the benefits of current retirees.
  • There's no doubt where the Treasury will turn for finance. We are about to see the greatest stuffing of banks with government securities the world has ever seen. American banks will be forced to gorge on Treasury securities, and disgorge bank reserves. Where else can the government get the next trillion to spend on things like wars, unemployment benefits, and food stamps?There are a few obvious things to think about here. At the rate of $120 billion a month, it will only take about nine months to blow through over a trillion dollars in free bank reserves. Each Treasury auction will find it more difficult to sell all of the treasury securities, and it will take rising interest rates to coax out even more reserves from the banks. (When you need to borrow over $4 billion a day, even a trillion dollars doesn't last long.)
  • Gary Edwards on 09 Apr 10
     
    Wow!  This is the best response to the financial collapse i have read to date.  Exceptional in clarity, but written with a tone of mixed sorrow and shame.  Mr. Gallow places the blame exactly where it should be placed.  It's a generational thing with one exception Mr. Gallow overlooks - the Obama margin of victory was very much due to the massive turnout and votes of post baby boomer generations.  We boomers may have created and caused the financial collapse and destruction of America, but they were dumb enough to put the decline of capitalism and ordered liberty on marxist steroids. excerpt:  .... this is the first time that I have been so angered by incompetence and greed in government and Wall Street to express publicly my own thoughts.  In simple terms, what has dawned on me is that my generation, the "Baby Boomers" between the ages of 45 and 65, has emerged not as not the most significant or talented generation in our history (as we thought we were), but rather as the most self-absorbed and reckless. Because ours will be the first generation in the history of this country to leave to its successors a nation in worse shape than that which it inherited; put differently, we will be the first generation in this nation to have taken from our parents and stolen from our children. .. it is hard to avoid the reality that my generation, the baby boomers who are now approaching retirement, have caused the greatest collapse of the world economy since the 1930s, and in the process damaged this country in ways we are now only beginning to understand. ... Looking back more eighteen months after the first signs of distress in our economy appeared, it seems that leaders in Congress and Wall Street have erred in a manner never before witnessed in this nation.  In the process, they have conspired through their collective arrogance, greed, and ignorance to damage the economy of the country (if not the world), make many themselves rich beyond the imaginations of mo
Gary Edwards

We The Stupid - Ann Barnhardt on the National Debt Ceiling SCAM - 0 views

www.americanthinker.com/...we_the_stupid.html

Banksters national-debt-Ceiling Obammunism banksters

shared by Gary Edwards on 05 Aug 11 - No Cached
  • Gary Edwards on 05 Aug 11
     
    If your angry over the National Debt Ceiling Scam, you're not alone. Ann Barnhardt is fist pounding furious. And with good reason. This is going to be a long battle. One thing i do disagree with her on though is where Obama will borrow the money to fund the $2.4 Trillion debt increase. She's right that no country in the world has $2.4 Trillion to lend us. But the Banksters have plenty! Two weeks ago the GAO released the results of the first time ever inventory of the Federal Reserve Bankster Cartel. They found that the FRBC had created $16.1 Trillion of our money between 2009 and 2010, and passed that money to member Banksters, international Bankster associates, and too-big-to-fail Wall Street gamblers; at near zero percent interest. Combined with the the US TARP bailout, and the AiG - Fannie Mae - Freddie Mac bailouts, the total cost of converting Bankster debt to USA Taxpayer debt tops out at over $23.4 Trillion. The Banksters are flush with dollars, but what are they going to invest in? It's said that the Federal Reserve owns somewhere between 70%- 80% of the US Treasury issued debt. The way this happens however is that the Federal Reserve first "lends" (at near 0%) created dollars to member Banksters. Then the Banksters purchase the Treasuries at 3.25% and up depending on the payout period per note. In effect, American Taxpayers get to borrow back their own money while paying the Banksters a hefty, risk free handling fee of at least 3.25%. So, with $16.1 Trillion sloshing around, and not much too invest in, the Banksters really need Obama to borrow $2.4 Trillion, and spend a whole lot more. At some point this ponzi scheme will collapse, but not today. Least ways not until the Banksters can launder that $16.1 Trillion freebi. My guess is that the Banksters would like to turn the $16.1 Trill into 3.25% bonds, and then into land, indentured tax obligations (inter-generational), and investments in debt free third world countries - where the
  • Gary Edwards on 05 Aug 11
     
    "- where the game of new world order begins anew. Jaded, cynical, but very much awake and aware...... ~ge~" Sorry, Diigo truncated the comment but only for the Group "End of the American Dream" post. My bookmark actually has the entire comment. Very strange, and i think it's something that might be reported to Maggie. What i have found out is that if you use the diigo plug-in, your comments will be unexpectedly truncated. I've lost losts of stuff over the years. Then i switched to the Chrome plug-in "Share This". There is no truncation, except in the Group view of a post!!! So, the question for Maggie is, "Why are the Group comments to a bookmark unexpectedly truncated?"
Paul Merrell

47 Senators Take AIPAC's Word Over U.S. Intel Community « LobeLog.com - 0 views

www.lobelog.com/-word-over-u-s-intel-community

war & peace Iranian-nukes-myth Iraeli-lobby

shared by Paul Merrell on 05 Jan 14 - No Cached
  • The American Israel Public Affairs Committee (AIPAC) has published the list of senators who so far have agreed to co-sponsor the Nuclear Weapon Free Iran Act of 2013, aka the Wag the Dog Act of 2014. You’ll recall that the initial list, which was introduced by its principal engineers, Sens. Mark Kirk and Robert Menendez, Dec 19, included 26 co-sponsors equally divided between Democrats and Republicans, to which newly elected New Jersey Sen. Cory Booker quickly added his name. Since then, 20 other senators — all Republicans, unsurprisingly — have added their names, for a grand total of 47 — still short of a majority, let alone one that could survive an Obama veto that the White House has already committed the president to cast if the bill is passed in its present form. According to the AIPAC list, which is reproduced below, 53 senators, including 36 Democrats and the two independents who normally vote with the Democratic caucus, have not agreed to co-sponsor the bill, or, in the dreaded moniker used by AIPAC to score lawmakers’ voting records (presumably for the benefit of the “pro-Israel” PACs that decide how to dole out campaign cash), are labeled “DNC.” They will undoubtedly be the top targets for AIPAC’s legendary powers of persuasion when the Senate reconvenes early next week.
  • What is remarkable about this list, however, is that very few of the 47 co-sponsors have chosen to publicize their support for the bill to their constituents through local media or other means. A handful of the original co-sponsors put out press releases, as did Rob Portman, a late joiner. Lamar Alexander, another late-comer, courageously “tweeted” his backing for the bill. “If this were a bill senators were excited about; that is, something they thought they’d earn a lot of credit for — and not draw a lot of heat — from their voters, you’d think all of the co-sponsors would be proudly touting their support,” one veteran Hill observer told me. “Clearly, even for the Republican [co-sponsors], that doesn’t seem to be the case with this bill.” In other words, the co-sponsors appear to be targeting a very narrow constituency — AIPAC, which is now touting their names — rather than  their voters back home, most of whom probably have no idea of what their senator’s position is or what may be at stake. Which raises an interesting question: If the folks back home knew that their senator was supporting a bill that would make another war in the Middle East more, rather than less likely, would there be an outcry as there was after Obama (and AIPAC) asked Congress to approve military action against Syria? Would some senators feel compelled to reassess their support?
  • One other point: others — most recently and convincingly, Colin Kahl and Paul Pillar — have argued just how counter-productive and potentially dangerous this bill is, and we have republished their arguments for the benefit of LobeLog readers in recent days. But it should be stressed that the 47 co-sponsors of this bill, most notably the 14 Democrats who have signed on to it, have effectively decided that Bibi Netanyahu and AIPAC are more credible sources about Iran and what it is likely to do in the P5+1 negotiations if this sanctions bill becomes law than either the U.S. diplomats who are directly involved in the talks or the U.S. intelligence community. Which is a rather startling fact, especially given, for example, Bibi’s predictive record on Iraq in the run-up to the U.S. invasion and his quarrels with his own intelligence community with respect to Iran. U.S. officials beginning at the top with Obama, then running through John Kerry and Wendy Sherman have stated repeatedly that the passage of a new sanctions bill — even one that would take effect prospectively — would not only violate the spirit, if not the letter, of the Nov. 24 agreement; it would also call into serious question Washington’s good faith; quite possibly isolate the U.S. within the P5+1 with disastrous results for the existing sanctions regime; and sufficiently strengthen hardliners in Tehran to force its government to toughen its demands at the negotiating table, if not abandon the diplomatic path altogether (and with it the chances of a peaceful diplomatic settlement). As the most recent assessment by the intelligence community, for which these same 47 senators have approved annual budgets ranging as high as 70 billion dollars in recent years, concluded: “[N]ew sanctions would undermine the prospects for a successful comprehensive nuclear agreement with Iran.” Of course, that’s precisely why Netanyahu and AIPAC are pushing the new sanctions package.
  • Paul Merrell on 05 Jan 14
     
    It's not about nukes; it's about the U.S. invading Iraq and destroying it. Israel (and the Saudis) desperately want to blow up the negotiations with Iran. Shamefully, 47 senators have signed on so far, with the real lobbying set to begin tomorrow, when Congress returns from the Holidays. 
Paul Merrell

China Steps In as World's New Bank - Bloomberg View - 0 views

www.bloombergview.com/...na-steps-in-as-worlds-new-bank

war & peace economic-warfare China IMF ADB banksters

shared by Paul Merrell on 29 Dec 14 - No Cached
  • Thanks to China, Christine Lagarde of the International Monetary Fund, Jim Yong Kim of the World Bank and Takehiko Nakao of the Asian Development Bank may no longer have much meaningful work to do. Beijing's move to bail out Russia, on top of its recent aid for Venezuela and Argentina, signals the death of the post-war Bretton Woods world. It’s also marks the beginning of the end for America's linchpin role in the global economy and Japan's influence in Asia. What is China's new Asian Infrastructure Investment Bank if not an ADB killer? If Japan, ADB's main benefactor, won't share the presidency with Asian peers, Beijing will just use its deep pockets to overpower it. Lagarde's and Kim’s shops also are looking at a future in which crisis-wracked governments call Beijing before Washington. 
  • China stepping up its role as lender of last resort upends an economic development game that's been decades in the making. The IMF, World Bank and ADB are bloated, change-adverse institutions.  When Ukraine received a $17 billion IMF-led bailout this year it was about shoring up a geopolitically important economy, not geopolitical blackmail. Chinese President Xi Jinping's government doesn't care about upgrading economies, the health of tax regimes or central bank reserves. It cares about loyalty. The quid pro quo: For our generous assistance we expect your full support on everything from Taiwan to territorial disputes to deadening the West’s pesky focus on human rights.
  • This may sound hyperbolic; Russia, Argentina and Venezuela are already at odds with the U.S. and its allies. But what about Europe? In 2011 and 2012, it looked to Beijing to save euro bond markets through massive purchases. Expect more of this dynamic in 2015 should fresh turmoil hit the euro zone, at which time Beijing will expect European leaders to pull their diplomatic punches. What happens if the Federal Reserve’s tapering slams economies from India to Indonesia and governments look to China for help? Why would Cambodia, Laos or Vietnam bother with the IMF’s conditions when China writes big checks with few strings attached? Beijing’s $24 billion currency swap program to help Russia is a sign of things to come. Russia, it's often said, is too nuclear to fail. As Moscow weathers the worst crisis since the 1998 default, it’s tempting to view China as a good global citizen. But Beijing is just enabling President Vladimir Putin, who’s now under zero pressure to diversify his economy away from oil. The same goes for China’s $2.3 billion currency swap with Argentina and its $4 billion loan to Venezuela. In the Chinese century, bad behavior has its rewards.
  • Paul Merrell on 29 Dec 14
     
    Note that this article is in a Bloomberg publication. Is economic reality beginning to dent the MSM propaganda on Wall Street?
Paul Merrell

Yahoo to begin offering PGP encryption support in Yahoo Mail service | Ars Technica - 0 views

arstechnica.com/...-support-in-yahoo-mail-service

surveillance state NSA-reform NSA-blowback Yahoo! email

shared by Paul Merrell on 08 Aug 14 - No Cached
  • Yahoo Chief Information Security Officer Alex Stamos announced today at Black Hat 2014 that starting in the fall of this year, the purple-hued company will begin giving users the option of seamlessly wrapping their e-mails in PGP encryption. According to Kashmir Hill at Forbes, the encryption capability will be offered through a modified version of the same End-to-End browser plug-in that Google uses for PGP in Gmail. The announcement was tweeted by Yan Zhu, who has reportedly been hired by Yahoo to adapt End-to-End for use with Yahoo Mail. Zhu formerly worked as an engineer at the Electronic Frontier Foundation, an organization that has consistently been outspoken in its call for the widespread use of encryption throughout the Web and the Internet in general.
Gary Edwards

Civil Unrest Ahead - LewRockwell.com - 0 views

www.lewrockwell.com/...civil-unrest-ahead

Ron-Paul Libertarian

shared by Gary Edwards on 12 Jan 15 - No Cached
  • The Victimized Inner Cities
  • This social disruption has motivated the enthusiastic growth and militarization of our local police departments. The law and order crowd thrives on excessive laws and regulations that no US citizen can escape. The out-of-control war on drugs is the worst part, and it generates the greatest danger in poverty-ridden areas via out-of-control police. It is estimated that these conditions have generated up to 80,000 SWAT raids per year in the United States. Most are in poor neighborhoods and involve black homes and businesses being hit disproportionately. This involves a high percentage of no-knock attacks. As can be expected many totally innocent people are killed in the process. Property damage is routine and compensation is rare. The routine use of civil forfeiture of property has become an abomination, totally out of control, which significantly contributes to the chaos. It should not be a surprise to see resentment building up against the police under these conditions. The violent reaction against local merchants in retaliation for police actions further aggravates the situation —hardly a recipe for a safe neighborhood.
  • Civil liberties are ignored by the police, and the private property of innocent bystanders is disregarded by those resenting police violence.
  • ...50 more annotations...
  • The entitlement mentality is a source of much anger and misunderstanding. It leads people who see themselves as victims to one conclusion: they are entitled to be taken care of.
  • If one trillion dollars per year doesn’t do the job, then make it $2 trillion. If the war on poverty’s $16 trillion hasn’t worked, make it $32 trillion.
  • The wealthy special interests, such as banks, the military-industrial complex, the medical industry, the drug industry, and many other corporatists, quickly gain control of the system.
  • Honest profits of successful entrepreneurs are quite different than profits of the corporate elite who gain control of the government and, as a consequence, accumulate obscene wealth by “robbing” the middle class.
  • To blame and destroy those who make an honest living by satisfying consumers without the use of special benefits from the government is destructive to liberty and wealth.
  • Crumbs may be thrown to the poor, but the principle of wealth transfer is hijacked and used for corporate and foreign welfare instead of wealth transfers to the poor.
  • True satisfaction comes from productive effort and self-reliance and not from a government transferring wealth in an effort to bring about an egalitarian society.
  • The people have too little confidence that most problems can be solved in a voluntary manner in a society that cherishes civil liberties. There’s never an admission that government problem-solving doesn’t work. Government-created problems are a road to poverty and resentment. Too many people believe that “free stuff” from the government can solve our problems. They mistakenly believe that deficits don’t matter and that wealth can come from a printing press.
  • The high profile episodes of police violence and overreaction are a consequence of conditions that in many ways were generated by government policy.
  • equal justice requires the end of welfare redistribution
  • Retraining the police won’t touch the complex problems that pit the police against the victims of complex social conditions generated by hate, violence and bad economic policies.
  • Redistribution is a process that is always destined to help a small minority, whether in an economy like ours that endorses central economic planning or in one run by radical fascists or communists.
  • Under an authoritarian regime, those in power take care of themselves. This always leads to poverty and discrepancy in wealth distribution.
  • Eventually the social strife that is predictable leads to an overthrow of the government.
  • The strife that we are witnessing is a reflection of a growing number of people who are recognizing the discrepancy between rich and poor, the weak and the powerful, Wall Street and Main Street.
  • Both political parties are financed by Wall Street, the big banks, and the military-industrial complex. Getting rich by being part of the government class is the problem.
  • Indeed the rich are getting richer and the poor poorer. The extreme current inequality is not a consequence of free markets and true liberty. Rather it results from the welfare state that, as always, morphs into a system that provides excesses for the powerful few.
  • The economic interventionist system under which we live today rewards those who benefit from government economic planning by the Federal Reserve, access to government contracts, and targeted special regulations to help one group over the other
  • There are two problems. First is conceding the principle that government has the moral authority to redistribute wealth. Second is believing the redistribution will be managed wisely and without corruption.
  • Police brutality and militarization may well induce a violent event far beyond what we have seen in Ferguson. It also can serve as an excuse. But it is not the root cause of turmoil. The real cause is poverty, the entitlement mentality, and the breakdown of the rule of law. Moral decay and the national police state are the real culprits.
  • We must limit the government’s role to protecting equal justice in defense of life, liberty, and property.
  • We have too many police, too many laws, and too much exemption of government officials from the crimes they commit.
  • There has to be an understanding that productive effort and self-reliance on the part of everyone is required for a free society to thrive.
  • The loss of our liberty has sharply accelerated since the 9/11 attacks. We have done to ourselves what no foreign enemy could have possibly accomplished.
  • Welfare, for the rich or poor, cannot exist without the sacrifice of the principal of property ownership.
  • The national police are made up of over 100,000 bureaucrats and police officials who carry guns to enforce federal law on the American citizens.
  • Today every American is a suspect. Our president has established a policy that an American citizen can be assassinated without even being charged with a crime.
  • The Founders and our Constitution intended that policing powers would be the responsibility of the individual states. That was forgotten a long time ago
  • the Feds are there taking charge over all local officials and property owners,
  • The Founders did not even want a standing army. They wanted only a militia.
  • Old-fashioned colonialism was deemed necessary by various European powers to secure natural resources along with control over sea lanes and markets for selling manufactured goods.
  • European-style colonialism — supporting a mercantilistic economy — came to be seen as politically unrealistic and unnecessary.
  • We are now subject to an out-of-control domestic police force while the US military maintains our Empire overseas.
  • When free-trade principles were utilized, colonialism did not die; it only changed form. Mercantilism in various forms and degrees drove trade policies of nations with strong economies and militaries.
  • The United States military presence around the world provides a “private” police force to protect US and other international companies against any local resistance or leaders that turn unfriendly. Our military presence overseas has nothing to do with protecting our freedoms and defending our Constitution.
  • The international monetary system is a powerful tool for the select few.
  • In fact, the real heroes are the ones who expose the truth and refuse to fight foreign wars for the international corporations.
  • The “one percenters,” generally speaking, are internationalists who are not champions of individual liberty and free trade. They are supporters of managed trade and international institutions like the WTO where the interests of the one percent can influence the rulings that frequently have little to do with advancing advertised goals of low tariffs and free trade.
  • Disengaging our troops from around the world and refusing to defend American neocolonialism is pursuing a course compatible with the qualities that Americans claim to stand for.
  • The obsession with continuing all the same policies has increased our poverty, increased violence between the classes, and lowered the standard of living for all except the elite one percent. And worst of all, the sacrifice of liberty was for naught.
  • Losing both liberty and the right to truly own property undermines the ability to create wealth.
  • When this process gets out-of-control the economy goes into a death spiral, in the beginning of which we currently find ourselves. Without a correction to the basic understanding of the proper role of government, the downward spiral will continue.
  • Tax revenues will continue to rise, aiding the policy of the government spending the people’s money rather than those who earned it.
  • Wall Street will be protected, and the trillions of dollars of big banks derivatives will be absorbed by the Fed, the FDIC, and ultimately by the American taxpayers in the next financial crisis.
  • There’s no doubt the poor will get poorer and the rich richer until the spirit of revolution in the people calls a halt to the systematic destruction of freedom in America.
  • Authoritarianism has overtaken our economic system as the welfare mentality takes over at every level of government.
  • Once the initiation of force by government is accepted by the people, even minimally, it escalates and involves every aspect of society. The only question that remains is just who gets to wield the power to distribute the largess to their friends and chosen beneficiaries.
  • It’s a recipe for steady growth of the government at the expense of liberties, even if official documents and laws written to limit government power are in place.
  • Restraining the few who thrive on the use of force to rule over us is the challenge. Fortunately they are outnumbered by those who would choose liberty yet lack the will to challenge the humanitarian monsters who gain support from naive and apathetic citizens.
  • The sentiments supporting secession, jury nullification, nullification of federal laws by state legislatures, and a drive for more independence from larger governments will continue.
  • Gary Edwards on 12 Jan 15
     
    "If Americans were honest with themselves they would acknowledge that the Republic is no more. We now live in a police state. If we do not recognize and resist this development, freedom and prosperity for all Americans will continue to deteriorate. All liberties in America today are under siege. It didn't happen overnight. It took many years of neglect for our liberties to be given away so casually for a promise of security from the politicians. The tragic part is that the more security was promised - physical and economic - the less liberty was protected. With cradle-to-grave welfare protecting all citizens from any mistakes and a perpetual global war on terrorism, which a majority of Americans were convinced was absolutely necessary for our survival, our security and prosperity has been sacrificed. It was all based on lies and ignorance. Many came to believe that their best interests were served by giving up a little freedom now and then to gain a better life. The trap was set. At the beginning of a cycle that systematically undermines liberty with delusions of easy prosperity, the change may actually seem to be beneficial to a few. But to me that's like excusing embezzlement as a road to leisure and wealth - eventually payment and punishment always come due. One cannot escape the fact that a society's wealth cannot be sustained or increased without work and productive effort. Yes, some criminal elements can benefit for a while, but reality always sets in. Reality is now setting in for America and for that matter for most of the world. The piper will get his due even if "the children" have to suffer. The deception of promising "success" has lasted for quite a while. It was accomplished by ever-increasing taxes, deficits, borrowing, and printing press money. In the meantime the policing powers of the federal government were systematically and significantly expanded. No one cared much, as there seemed to be enough "gravy" for the rich, th
‹ Previous 21 - 40 of 620 Next › Last »
Showing 20▼ items per page