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Paul Merrell

What Obama Should Have Told Bibi - The Unz Review - 0 views

www.unz.com/...at-obama-should-have-told-bibi

war & peace Israel U.S.-foreign-policy Netanyahu Obama

shared by Paul Merrell on 16 Nov 15 - No Cached
  • For what it’s worth, this is what I propose Obama should have said to Bibi but didn’t, with a transcript of the conversation also faxed over to Ron Lauder at the World Jewish Congress: “Nice to have you back Prime Minister, but not really as it’s close to lunchtime, to which, incidentally, you are not invited. Why don’t you stay home? You have been interfering in our politics and denigrating both me personally and my office for far too long. How would you like it if I were to go to Israel and endorse one of your opponents? If you keep up this crap I will revoke your visa and you’ll never visit here again.” “And by the way, your plan to expel thousands of Arabs from East Jerusalem and to shoot kids throwing stones at your occupying army is not acceptable to us. And then there are new reports of your harvesting organs and other medical transplant material from the bodies of Palestinians that you have killed. There’s a long history of that in your country, but it’s a bit much even by your standards, isn’t it, and it begs the question whether there is anything that you won’t do. Next time a motion comes up in the United Nations condemning your brutality we will support it. Maybe we’ll co-sponsor or even propose it to show that we’re serious.” “We are running out of money here in Washington and are thinking of cutting benefits to our own people. I note that Israelis have free medical care and university education, which means that we are subsidizing things that we Americans do not have so it hardly seems fair. We have been giving you more than $3 billion in aid every year and also looking the other way when you benefit from tax free charitable contributions that actually are illegal under American law. By executive order, I am stopping the cash flow and asking the IRS to look at your friends over here.”
  • “And speaking of Israel’s many friends, your good buddy at the State Department Victoria Nuland is now working down in the mail room. And I am asking the Justice Department to register the American Israel Public Affairs Committee (AIPAC) as a foreign agent, subject to having its finances and operations monitored by U.S. authorities. Oh, and your spy Jonathan Pollard will be denied parole later this month and will be the guest of a federal prison for the next twenty years.” “I cannot see where you have done anything for us except complain. As you are now pledging Israel to continue its occupation of Palestinian land and ‘live by the sword’, meaning the killing of Arabs will accelerate, I am suspending all military cooperation with you until you come up with a plan to remove most of your settlers from the West Bank. Come back when you have something to show me. Don’t let the door hit you in the ass on the way out.” Well, okay, it was never bloody likely to happen that way, but I can dream, can’t I? If you think Obama is spineless when confronted by Ron Lauder and the usual suspects, just think of how bad it will be when we have President Clinton or President Rubio, proxies for their Israel firster donors Haim Saban and Paul Singer respectively. The new president and his or her staff will have to learn how to perform proskynesis whenever Netanyahu enters the oval office.
Paul Merrell

Can the AEC be a success? - nsnbc international | nsnbc international - 0 views

nsnbc.me/...can-the-aec-be-a-success

trade ASEAN AEC outlook

shared by Paul Merrell on 28 Dec 15 - No Cached
  • After almost two decades of discussion, the ASEAN Economic Community (AEC) will be proclaimed on 31st December. The AEC is a potentially significant and competitive economic region, should it be allowed to develop according to the aspiration of being a “single market and production base, with free flow of services, investments, and labour, by the year 2020”.
  • The ASEAN region as a composite trading block has the third highest population at 634 million, after China and India. GDP per capita is rapidly rising. The AEC would be the 4th largest exporter after China, the EU, and the United States, with still very much scope for growth from Cambodia, Myanmar, the Philippines, and Vietnam from a diverse range of activities ranging from agriculture, food, minerals and commodities, electronics, and services. The coming AEC is already the 4th largest importer of goods after the United States, EU, and China, making it one of the biggest markets in the world. Unlike the other trade regions, the AEC still has so much potential for growth with rising population, rising incomes, growing consumer sophistication, and improving infrastructure. Perhaps the biggest benefit of the upcoming AEC is the expected boost this will give to intra-ASEAN trade. Most ASEAN nations have previously put their efforts into developing external relationships with the major trading nations like the EU, Japan and the US through bilateral and free trade agreements. To some extent, the potential of intra-ASEAN trade was neglected, perhaps with the exception of the entrepot of Singapore. The AEC is an opportunity to refocus trade efforts within the region, especially when Vietnam, Cambodia, Indonesia are rapidly developing, and Myanmar is opening up for business with the rest of the region.
  • There are no integrated banking structures, no agreement on common and acceptable currencies (some ASEAN currencies are not interchangeable), no double taxation agreements, and no formal agreements on immigration. There is not even any such thing as a common ASEAN business visa. These issues are going to hinder market access for regional SMEs. Any local market operations will have to fulfil local laws and regulations which may not be easy for non-citizens to meet and adhere to. Even though there are some preferential tariffs for a number of classes of ASEAN originating goods, non-tariff barriers are still in existence, which are insurmountable in some cases like the need for import licenses (APs) in Malaysia, and the need to have a registered company which can only be formed by Thai nationals within Thailand. Some of these problems are occurring because of the very nature of ASEAN itself. ASEAN was founded on the basis of consultation, consensus, and non-interference in the internal affairs of other members. This means that no formal problem solving mechanism exists, and the ASEAN Secretariat is a facilitator rather than implementer of policy. Illegal workers, human trafficking, money laundering, and haze issues between member states have no formal mechanisms through which these issues can be solved from an ASEAN perspective. This weakens the force for regional integration.
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  • However the necessary infrastructure to support intra-ASEAN trade growth is lagging behind with a delay in the completion of the Trans-Asia Highway in Cambodia, and vastly inadequate border checkpoints between Malaysia and Thailand in Sadao and Kelantan. Some infrastructure development projects have been severely hit by finance shortfalls within member states. There are a number of outstanding issues concerning the growth and development of the AEC. The ASEAN Secretariat based in Jakarta has a small staff, where the best talent is lacking due to the small salaries paid. The Secretariat unlike the EU bureaucratic apparatus in Brussels relies on cooperation between the member state governments for policy direction, funding and implementation of the AEC. Thus the frontline of AEC implementation are the individual country ministries, which presents many problems, as some issues require multi-ministry cooperation and coordination, which is not always easy to achieve as particular ministries have their own visions and agendas. Getting cooperation of these ministries isn’t easy. There are numerous structural and procedural issues yet to be contended with. At the inter-governmental level, laws and regulations are yet to be coordinated and harmonized. So in-effect there is one community with 10 sets of regulations in effect this coming January 1st. Consumer laws, intellectual property rights, company and corporate codes (no provision for ASEAN owned companies), land codes, and investment rules are all different among the individual member states.
  • One of the major issues weakening the potential development of the AEC is the apparent lack of political commitment for a common market by the leadership of the respective ASEAN members. Thailand is currently in a struggle to determine how the country should be governed. Malaysia is in the grip of corruption scandals where the prime minister is holding onto power. Myanmar is going through a massive change in the way it will be governed. Indonesia is still struggling with how its archipelago should be governed. There is a view from Vietnam that business within the country is not ready for the AEC. Intense nationalistic sentiments among for example Thais, exasperated by the recent Preach Vihear Temple conflict along the Thai-Cambodian border need to be softened to get full advantage out of the AEC. The dispute in the International Court of Justice over Pedra Branca, and the Philippine rift with China over the South China Sea show the delicacy of relationships among ASEAN members. The recent Thai court decision on the guilt of Zaw Lin and Win Zaw Tun in the murder of two young British tourists may also show how fragile intra-ASEAN relationships can be. The AEC is going to fall far short of achieving its full potential of becoming a major influence in global trade. The AEC is not intended to be the same model as the EEC. The AEC is far from being any fully integrated economic community. The lack of social, cultural, and political integration within the ASEAN region indicates the massive job ahead that Europe had been through decades ago. There is still a lot of public ignorance about what the AEC is, and lack of excitement or expectation for what should be a major event within the region. Respective national media are scant on information about the forthcoming launch of the AEC.
Paul Merrell

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

lobelog.com/should-end-settlement-activity

war & peace Israel Palestine settlements Human-Rights-Watch BDS

shared by Paul Merrell on 25 Jan 16 - No Cached
  • Businesses should stop operating in, financing, servicing, or trading with Israeli settlements in order to comply with their human rights responsibilities, Human Rights Watch said in a report released today. Those activities contribute to and benefit from an inherently unlawful and abusive system that violates the rights of Palestinians. The 162-page report, “Occupation, Inc.: How Settlement Businesses Contribute to Israel’s Violations of Palestinian Rights,” documents how settlement businesses facilitate the growth and operations of settlements. These businesses depend on and contribute to the Israeli authorities’ unlawful confiscation of Palestinian land and other resources. They also benefit from these violations, as well as Israel’s discriminatory policies that provide privileges to settlements at the expense of Palestinians, such as access to land and water, government subsidies, and permits for developing land.
  • Paul Merrell on 25 Jan 16
     
    This is highly significant because Human Rights Watch functions as a covert arm of the U.S. government.
Paul Merrell

Financiers linked to George Soros donate to Kasich campaign - RT USA - 0 views

www.rt.com/...financiers-george-soros-kasich

Auction 2016 Kasich Soros donations

shared by Paul Merrell on 14 Feb 16 - No Cached
  • Fresh off a second-place primary finish in New Hampshire, Republican presidential candidate John Kasich has come under more scrutiny, particularly for donations to his PAC New Day for America made by two fund managers who made billions for George Soros. Scott Bessent and Stanley Druckenmiller contributed $588,375 to the Ohio governor’s “soft money” fund, according to Federal Election Commission records.Druckenmiller donated a total of $103,375 to Jeb Bush’s Super PAC Right to Rise and $100,000 to America Leads, a PAC supporting New Jersey Governor Chris Christie, who dropped out of the race after a poor showing in Tuesday’s primary.Bessent was Soros’s chief investment manager until December of last year, while Stanley Druckenmiller manages a $4.5 billion hedge fund in which $2 billion of Soros’ money is invested.
  • Druckenmiller was lead fund manager for Soros from 1998 to 2000, and together they “broke” the Bank of England in 1992 when Soros dumped £10 billion, leading to the currency’s devaluation and $1 billion in profit for him.Ohio Governor John Kasich came in second in the New Hampshire primary with 15.8 percent of the vote, edging out Ted Cruz with 11.7, but falling well-behind Donald Trump’s 35.3.Kasich spent 18 years in Congress before becoming a managing director for Lehman Brothers from 2001 until their collapse in 2008. He also hosted a program for the Fox News Channel.These donations have been getting a lot of attention because Soros is usually known for his support of Democratic candidates and progressive causes.
Paul Merrell

Bank Sued Over Cartel Money Laundering - WhoWhatWhy - 0 views

whowhatwhy.org/...nks-over-drug-money-laundering

banksters HSBC money-laundering drug-cartels terrorism litigation

shared by Paul Merrell on 24 Feb 16 - No Cached
  • While bankers can probably get their highs any number of ways, the Mexican drug cartels need financial institutions to clean their dirty money. And, it seems, there is no better bank for that than London-based HSBC, which is one of the world’s largest. In the first six months of last year, it reported a pre-tax profit of $13.6 billion.According to a lawsuit filed against HSBC earlier this month, it earned some of those profits by allowing the drug cartels to cycle billions of dollars through it.“From 2004 through at least 2008, HSBC Mexico accepted over $16.1 billion in cash deposits from customers throughout Mexico. This amount eclipsed the amount of USD cash deposits at financial institutions with market shares multiple times greater than HSBC Mexico’s,” the lawsuit alleges.
  • HSBC is no stranger to accusations of helping the cartels. In 2012, the bank paid $1.9 billion as part of an agreement with the United States and admitted that it had failed to establish an effective anti-money laundering (AML) program. In spite of having to pay such a massive penalty, no HSBC employees went to jail.
  • Even though the new lawsuit addresses an old problem, the legal action is unique for several reasons. It was brought on behalf of the families of several Americans killed by the Mexican cartels. The action seeks redress under a 1996 law (amended following the 9/11 attacks) that allows victims of terrorism to seek compensation from any organization that supported the perpetrators of such crimes.
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  • This is the first attempt to apply the 1996 anti-terrorism law to the actions of the Mexican drug cartels. “The gruesome attacks on the innocent American victims on foreign soil were unquestionably acts of international terrorism,” said attorney Richard M. Elias, who represents the families.The lawsuit asserts that cartels now function as “paramilitary organizations” and have become one of the top threats to US national security.
  • The suit alleges that HSBC’s actions, or inactions, amounted to knowingly providing“continuous and systematic material support to the cartels and their acts of terrorism by laundering billions of dollars for them. As a proximate result of HSBC’s material support to the Mexican drug cartels, numerous lives, including those of the plaintiffs, have been destroyed.”
  • Paul Merrell on 24 Feb 16
     
    Sounds like a fun case.
Paul Merrell

M of A - Are Green Berets Leading The YPG In Taking The Azaz Pocket? - 0 views

www.moonofalabama.org/...in-taking-the-azaz-pocket.html

war & peace Syria YPG Kurds green-berets CIA

shared by Paul Merrell on 18 Feb 16 - No Cached
  • The Syrian Arab Army and the YPG troops of the Syrian Kurds are making good progress in the Azaz pocket. The pocket formed after the Syrian army cut through the "rebel" corridor between Aleppo city and the Turkish border. The aim now is to push all foreign proxy forces who are still in that pocket (green) back north into Turkey and to get full control of the border.
  • The Syrian-Russian command decided to let the YPG (yellow) have the fun of cleaning the pocket only to taunt the Turkish President Erdogan. Erdogan has a serious domestic policy problems when the Kurdish forces gain control in parts of Syria that the wannabe Sultan Erdogan regarded as sacred neo-Ottoman ground. His court jester, the Prime Minister Davutoglu, announced that his country would not allow the town of Azaz to fall to Kurdish fighters. He will have to eat a flock of craws over that. The Turks are firing artillery from Turkish ground in the north onto Kurdish position in the pocket. Turkish special forces are likely near the front line to control that fire. But artillery alone can not make the difference. The Kurds have air support from the Russian airforce which Turkey no longer dares to attack. The Russians will not attack the Turkish artillery as such an attack could widen the war. The Kurdish troops will have to suffer through that barrage as they push out the Turkish and CIA paid proxies. Some reinforcement for the CIA proxies arrived from Idleb. These passed from Idleb into Turkey and from Turkey into the pocket. The destruction of these forces in the Azaz pocket will make the further fights  of the Syrian army in Idleb and elsewhere a lot easier.
  • Who are the professionals that are helping the YPG to take the Azaz pocket? My first thought was of course Russian Spetsnaz. But I asked around and none of my usual sources would confirm this. The sources acknowledged that the YPG in west Syria has special force support but there was some quite unexpected silence over who these forces were. It is clear to me that these are not Syrian special forces. The YPG does not want to be seen as a adjunct to the Syrian government. No one would confirm to me that these are Russian forces even as that would be of no great surprise to anyone. This leads me to speculate that some U.S. special forces are directing the YPG in the Azaz pocket. This in coordination with the Syrian army and the Russians. Is that a crazy thought? Consider: The Syrian YPG Kurds are supported by the U.S. military. They received weapons and ammunition from the U.S. military and, at least in the east, have some U.S. military special forces embedded with them. These Pentagon supported YPG troops currently fight foreign proxy forces in the Azaz pocket which are supported, equipped and paid by the CIA, the Saudis, the Turks and other Arab U.S. "allies". The CIA is running the show. The Turkish NATO member is shelling the Pentagon supported YPG to protect the CIA supported "moderate rebels". The current CIA director was once the CIA Chief of Station in Riyadh and has intimate connection to the Saudi rulers (and their pockets?). It was the military's Defense Intelligence Agency that warned in 2012 of the emergence of a "Salafist Principality" - the Islamic State - in Syria and Iraq. It warned against continuing the CIA support for the "rebels". It was the Pentagon that sabotaged the White House intent to create another "moderate rebel" force to attack the Islamic State:
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  • Clearly, the Pentagon hates the CIA support for the "moderate rebels". The CIA support has fed not only the "rebels" but also al-Qaeda and the Islamic State. Continuing that path would likely result in a radical al-Qaeda controlled Syrian government and another thankless, years long military expedition to oust it. The U.S. has several kinds of special forces. The famed SEALs as well as the army's Delta Forces are by now mostly door kickers. They do night raids and other SWAT commando like stuff. The Army Rangers have joined them in the bloody business of killing Afghan farmers. The U.S. special forces that are trained and able to direct a local guerrilla are the Green Berets. A very discreet type of people that work in small teams and are trained in local languages and habits. So who is helping the Kurds. My hunch is that these are not the "polite green men" of the Russian Spetsnaz, who enabled the people of Crimea to rejoin with Russia, who are now helping the YPG. I believe that the Pentagon sent some of its own "green" people to help the YPG to kick the asses of the CIA supported Jihadis out of Syria. This in tight coordination with the Syrian and Russian forces.
  • The military’s resistance dates back to the summer of 2013, when a highly classified assessment, put together by the Defense Intelligence Agency (DIA) and the Joint Chiefs of Staff, then led by General Martin Dempsey, forecast that the fall of the Assad regime would lead to chaos and, potentially, to Syria’s takeover by jihadi extremists, much as was then happening in Libya. A former senior adviser to the Joint Chiefs told me that the document was an ‘all-source’ appraisal, drawing on information from signals, satellite and human intelligence, and took a dim view of the Obama administration’s insistence on continuing to finance and arm the so-called moderate rebel groups. By then, the CIA had been conspiring for more than a year with allies in the UK, Saudi Arabia and Qatar to ship guns and goods – to be used for the overthrow of Assad – from Libya, via Turkey, into Syria. The new intelligence estimate singled out Turkey as a major impediment to Obama’s Syria policy. The document showed, the adviser said, ‘that what was started as a covert US programme to arm and support the moderate rebels fighting Assad had been co-opted by Turkey, and had morphed into an across-the-board technical, arms and logistical programme for all of the opposition, including Jabhat al-Nusra and Islamic State. The so-called moderates had evaporated and the Free Syrian Army was a rump group stationed at an airbase in Turkey.’
  • The Obama administration for now decided to accept the Russian offer to pull its chestnuts out of the Syrian fire. But it does not want to give the Russian any credit for doing so. And while the Pentagon has firmly joined the Russian camp some years ago, the White House interventionist borg are ready to again change course and to again support the CIA, the Saudis and Turks in their "moderate Jihadis" mischief. The Green Berets, should they indeed be in north-west Syria, better do their job well and defeat the CIA proxies in a decisive manner. The above is speculative based solely on my personal hunch and it may be completely wrong. It would probably make for a good movie plot. But could it be right? Has the Pentagon send its specialists to help the Syrians, Russians and Kurds to kick out the CIA sponsored Jihadis? Please let me know your take.
Paul Merrell

Wall Street's Savage Reckoning: Clouds Gather Over G-20 Summit - 0 views

www.counterpunch.org/...clouds-gather-over-g-20-summit

banksters central-banks admissions-of-failure

shared by Paul Merrell on 03 Mar 16 - No Cached
  • Finance ministers and central bankers from the world’s biggest economies met in Shanghai, China over the weekend to discuss many of the problems for which they alone are responsible. Leading the list of issues, was the steady deceleration in global growth which, to great extent, is the result of experimental monetary policies central banks implemented following the recession in 2009. Surprisingly, the group admitted that their “easing strategies” had failed to produce the durable recovery that they sought, but at the same time,  they made virtually no effort to correct their mistake by making the changes necessary to shore up flagging global output.
Jeremy Stanfords

Car Equity Loans- Fetch Easy Money From Online Lender Within Short Time Of Application - 0 views

www.titleloansbostonma.com/car-equity-loans.html

car equity loans loan against vehicle vehicle loans title loans title loans boston

shared by Jeremy Stanfords on 29 Jan 16 - No Cached
  • Jeremy Stanfords on 29 Jan 16
     
    To obtain speedy money support you just apply for the car equity loans via online from your home comfort. It is very useful financial alternative for all needy people who have their own car or vehicle. This loans scheme is careful the most outstanding approach of receiving loan by keeping your vehicle title as collateral when you suffer from shortage money.
Paul Merrell

Jesse Ventura releases campaign platform for potential presidential run | Examiner.com - 0 views

www.examiner.com/...for-potential-presidential-run

Auction 2016 Ventura

shared by Paul Merrell on 06 Mar 16 - No Cached
  • Former Minnesota Gov. Jesse Ventura made headlines earlier this week announcing he would run for president under one condition. If Vermont Sen. Bernie Sanders fails to become the Democratic nominee, Ventura would enter the race as an independent candidate.
  • Former Minnesota Gov. Jesse Ventura made headlines earlier this week announcing he would run for president under one condition. If Vermont Sen. Bernie Sanders fails to become the Democratic nominee, Ventura would enter the race as an independent candidate.
  • During an interview published by The Daily Beast last Monday, Ventura explained that he aligns closest with the Independent senator from Vermont. Explaining that if Sanders loses, the "groundwork" would be set for him to enter the race. Ventura took another step towards a potential run by releasing his campaign platform in a blog post on March 3. In a post titled "Here's What a Jesse Ventura Presidency Would Look Like," the former Navy SEAL, actor, and professional wrestler broke down the core four issues he would focus on during his campaign. Ventura admitted that if he was able to accomplish even two of the four he would consider his time as commander in chief a success. Rebuilding our country: focus on alternative energy sources, and fix our infrastructure. Getting out of the wars. Legalizing and ending the war on drugs. Get the money out of politics and work towards reforming campaign financing. Elaborating that more work needs to be done in the states, Ventura states that the country should focus less on nation building, and more on rebuilding the United States. "I'm tired of seeing our resources being used abroad," Ventura writes, "Let the world handle their own problems. Concluding his comments, Ventura was confident that if those issues were handled, "we could fully implement all of Bernie Sanders’ propositions."
Gary Edwards

Why GOP Bigwigs Fear Trump - Consortiumnews - 0 views

consortiumnews.com/...why-gop-bigwigs-fear-trump

Trump GOP Banksters

shared by Gary Edwards on 10 Mar 16 - No Cached
  • An even bigger disjunction represented by the Republican Party is between the economic interests of a wealthy elite and the fears, xenophobia, and social-issue fixations of the hoi polloi whose votes the elite relies on to put its preferred economic policies in place. Not only is there no logical, substantive connection between these two aspects of what has come to be the Republican agenda; the economic policies are contrary to the interests of most of the ordinary citizens who are casting the votes.
  • The basic divide underlying this part of the Republican disjunction is between the one percent that provides the money to political candidates and that portion of the 99 percent that is the target of the campaigns that this money finances and who have been voting for those candidates.
  • Gary Edwards on 10 Mar 16
     
    "A desperate Republican establishment is going all out to stop Donald Trump who has rallied the GOP "base" that the bigwigs have long manipulated and sold out, explains ex-CIA analyst Paul R. Pillar. By Paul R. Pillar The Donald Trump phenomenon and the suddenly frantic efforts within the Republican Party to try to stop Trump have led some observers to believe American politics are at a major inflection point, one where a familiar line-up of political parties and their backers could be substantially revised. Even some commentators who generally support the Republican Party are talking seriously about the possibility of the party breaking up. There is some valid basis for such talk, given that this party has come to embrace positions and interests that have no business sticking together. The political coalition has more or less worked, but it has not rested on substantive logic. So a destabilizing iconoclast with just enough political cleverness, as Trump has, can expose the artificiality of it rather easily. Republican presidential candidate Donald Trump. Foreign policy is not the main front on which the exposure is taking place, but it may be among the first places where exposure becomes too obvious to ignore. Neoconservatives, whose realization of their earlier plans, culminating in the launching of a major offensive war in the Middle East, was made possible by infiltrating the foreign policy of a Republican administration, already are looking for a new home. That process may accelerate if Marco Rubio loses the Florida primary. The fragility of this part of what has been the Republican coalition is demonstrated by how little Trump has had to do to cause the neoconservative alarm bells to sound. He has not even advanced a coherent alternative foreign policy to shoot down. All he has done is to stray slightly from neoconservative orthodoxy: pointing out that the Iraq War was a big mistake and - even though Trump declares himself to be a strong supporte
Paul Merrell

Putin Outed ISIS's G20 Financiers - But Not a Single Western Media Outlet Has Reported ... - 1 views

www.globalresearch.ca/...5490047

war & peace ISIL-funding Putin news-blackout

shared by Paul Merrell on 20 Nov 15 - No Cached
  • We’ve been very patient. For the last 12 hours we’ve been constantly refreshing Google News for just one — one — western article about Putin’s bombshell comments at the G20 summit in Antalya. You would think that the Russian President stating publicly that ISIS is receiving money from 40 different countries, including G20 members, would be “newsworthy”. Right?  But the western media has defied even our worst expectations: Not a single mainstream western outlet reported on Putin’s comments. Typically, at least the Daily Beast has the common courtesy to distort or misrepresent the most recent Putin press conference. But in this instance, there is literally no written western record of Putin saying anything about who finances ISIS during the G20 summit in Turkey. This is insane.
Paul Merrell

German Vice Chancellor warns Saudi Arabia over Islamist funding - Yahoo News Canada - 0 views

ca.news.yahoo.com/a-over-islamist-135521960.html

war & peace France reprimand Saudis

shared by Paul Merrell on 07 Dec 15 - No Cached
  • German Vice Chancellor Sigmar Gabriel urged Saudi Arabia on Sunday to stop supporting religious radicals, amid growing concern among some lawmakers in Berlin about the funding of militant mosques by the world's biggest oil exporter. The unusual criticism of the Gulf state follows a report by Germany's foreign intelligence agency which suggested that Saudi foreign policy was becoming more "impulsive". The German government rebuked the BND agency for making such suggestions about Saudi Arabia, an important business partner that is involved in international talks to find a political solution to the Syria crisis.. "We need Saudi Arabia to solve the regional conflicts," Sigmar Gabriel, the head of the Social Democrats (SPD) who share power with conservative Chancellor Angela Merkel, told the mass-circulation newspaper Bild am Sonntag. "But we must at the same time make clear that the time to look away is past. Wahhabi mosques are financed all over the world by Saudi Arabia. In Germany, many dangerous Islamists come from these communities," he said. Saudi Arabia follows the ultra-conservative Wahhabi form of Islam, and some outsiders see it as a cause of the international jihadist threat.
  • Another senior Social Democrat, Thomas Oppermann, also homed in on Saudi Arabia, saying Wahhabism offered a ideology for IS insurgents and contributed to the radicalization of moderates. "We don't need or want it in Germany," he told the weekly Welt am Sonntag. Germans are worried about a possible attack on their soil, especially after the bombings and shootings in Paris on Nov. 13 that killed 130 people.
Paul Merrell

Video: Donald Trump: Hillary Clinton has 'killed hundreds of thousands with her stupidi... - 0 views

www.telegraph.co.uk/...usands-with-her-stupidity.html

Auction 2016 Trump Hillary-chicken-hawk

shared by Paul Merrell on 15 Dec 15 - No Cached
  • When asked about Democratic presidential candidate Hillary Clinton, Mr Trump said her policies have led to the deaths of "hundreds of thousands of people," citing her work as former Secretary of State.
Paul Merrell

Dirty Business: Swiss Oil Traders Caught Exporting Daesh-Extracted Oil - 0 views

sputniknews.com/...-oil-traders-deash-import.html

war & peace ISIL Turkey oil-smuggling Switzerland

shared by Paul Merrell on 16 Dec 15 - No Cached
  • Swiss oil traders might have gotten themselves into some trouble after it was revealed that they regularly imported oil from terminals in Turkey, where Daesh, also known as ISIL/ISIS, sold their illegal oil supply, the Swiss newspaper Le Matin reported.The newspaper obtained documents showing that several major Swiss petroleum trading companies exported oil from the Turkish city of Ceyhan, one of the places in the country where Daesh-extracted oil was sold. "The risk [of Swiss companies importing Daesh-oil] is very high," said Jean-Charles Brisard, a French expert on terrorism financing, according to Le Matin. As Daesh sold oil for a cheaper price than its official market price, many customers didn't mind buying it, although there was an official ban to purchase oil from Daesh-controlled territories.
  • An investigation carried out by Le Matin shows that several Swiss companies recently purchased oil from the port of Ceyhan. Previously, it was reported that Daesh transports oil and petroleum products to Turkey using a complex system that involves a wide network of middlemen. Turkey has long been the main destination for petroleum products, stolen by Daesh from numerous oilfields in Iraq and Syria. In early December, the Russian Ministry of Defense released satellite images showing columns of trucks on their way from the territories controlled by the militants to Turkey.
Paul Merrell

France and Germany Move to Block Flow of Money to ISIS - The New York Times - 0 views

www.nytimes.com/...ock-flow-of-money-to-isis.html

war & peace banksters ISIL money-laundering

shared by Paul Merrell on 04 Dec 15 - No Cached
  • France and Germany on Wednesday announced moves intended to choke off cash flowing to the Islamic State, and said they would encourage the other 26 European Union nations to do the same when they meet next week.The French finance minister, Michel Sapin, said that in the wake of recent terrorist attacks in Paris, Mali, Egypt and Beirut, Lebanon, “we must act more quickly and more decisively.”The moves announced by Mr. Sapin included immediate efforts to speed up a crackdown on money laundering that had been scheduled to take effect in 2017. A faster and fuller exchange of banking data is needed in a world where even three hours’ notice could allow the authorities to foil a terrorist plot, Mr. Sapin said after talks with his German counterpart, Wolfgang Schäuble.
Paul Merrell

The IMF forgives Ukraine's debt to Russia | The Vineyard of the Saker - 0 views

thesaker.is/rgives-ukraines-loan-to-russia

war & peace banksters IMF Ukraine dollar-denominated-debts

shared by Paul Merrell on 12 Dec 15 - No Cached
  • On December 8, the IMF’s Chief Spokesman Gerry Rice sent a note saying: “The IMF’s Executive Board met today and agreed to change the current policy on non-toleration of arrears to official creditors. We will provide details on the scope and rationale for this policy change in the next day or so.” Since 1947 when it really started operations, the World Bank has acted as a branch of the U.S. Defense Department, from its first major chairman John J. McCloy through Robert McNamara to Robert Zoellick and neocon Paul Wolfowitz. From the outset, it has promoted U.S. exports – especially farm exports – by steering Third World countries to produce plantation crops rather than feeding their own populations. (They are to import U.S. grain.) But it has felt obliged to wrap its U.S. export promotion and support for the dollar area in an ostensibly internationalist rhetoric, as if what’s good for the United States is good for the world. The IMF has now been drawn into the U.S. Cold War orbit. On Tuesday it made a radical decision to dismantle the condition that had integrated the global financial system for the past half century. In the past, it has been able to take the lead in organizing bailout packages for governments by getting other creditor nations – headed by the United States, Germany and Japan – to participate. The creditor leverage that the IMF has used is that if a nation is in financial arrears to any government, it cannot qualify for an IMF loan – and hence, for packages involving other governments. This has been the system by which the dollarized global financial system has worked for half a century. The beneficiaries have been creditors in US dollars.
  • But on Tuesday, the IMF joined the New Cold War. It has been lending money to Ukraine despite the Fund’s rules blocking it from lending to countries with no visible chance of paying (the “No More Argentinas” rule from 2001). With IMF head Christine Lagarde made the last IMF loan to Ukraine in the spring, she expressed the hope that there would be peace. But President Porochenko immediately announced that he would use the proceeds to step up his nation’s civil war with the Russian-speaking population in the East – the Donbass. That is the region where most IMF exports have been made – mainly to Russia. This market is now lost for the foreseeable future. It may be a long break, because the country is run by the U.S.-backed junta put in place after the right-wing coup of winter 2014. Ukraine has refused to pay not only private-sector bondholders, but the Russian Government as well. This should have blocked Ukraine from receiving further IMF aid. Refusal to pay for Ukrainian military belligerence in its New Cold War against Russia would have been a major step forcing peace, and also forcing a clean-up of the country’s endemic corruption. Instead, the IMF is backing Ukrainian policy, its kleptocracy and its Right Sector leading the attacks that recently cut off Crimea’s electricity. The only condition on which the IMF insists is continued austerity. Ukraine’s currency, the hryvnia, has fallen by a third this years, pensions have been slashed (largely as a result of being inflated away), while corruption continues unabated.
  • Despite this the IMF announced its intention to extend new loans to finance Ukraine’s dependency and payoffs to the oligarchs who are in control of its parliament and justice departments to block any real cleanup of corruption. For over half a year there was a semi-public discussion with U.S. Treasury advisors and Cold Warriors about how to stiff Russia on the $3 billion owed by Ukraine to Russia’s Sovereign Wealth Fund. There was some talk of declaring this an “odious debt,” but it was decided that this ploy might backfire against U.S. supported dictatorships. In the end, the IMF simply lent Ukraine the money. By doing so, it announced its new policy: “We only enforce debts owed in US dollars to US allies.” This means that what was simmering as a Cold War against Russia has now turned into a full-blown division of the world into the Dollar Bloc (with its satellite Euro and other pro-U.S. currencies) and the BRICS or other countries not in the U.S. financial and military orbit. What should Russia do? For that matter, what should China and other BRICS countries do? The IMF and U.S. neocons have sent the world a message: you don’t have to honor debts to countries outside of the dollar area and its satellites. Why then should these non-dollarized countries remain in the IMF – or the World Bank, for that matter. The IMF move effectively splits the global system in half,between the BRICS and the US-European neoliberalized financial system.
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  • Should Russia withdraw from the IMF? Should other countries? The mirror-image response would be for the new Asian Development Bank to announce that countries that joined the ruble-yuan area did not have to pay US dollar or euro-denominated debts. That is implicitly where the IMF’s break is leading.
Paul Merrell

U.S. government reveals breadth of requests for Internet records | Reuters - 0 views

www.reuters.com/...rity-nsl-idUSKBN0TJ2PJ20151201

surveillance state FBI NSLs stats litigation

shared by Paul Merrell on 02 Dec 15 - No Cached
  • The Federal Bureau of Investigation has used a secretive authority to compel Internet and telecommunications firms to hand over customer data including an individual’s complete web browsing history and records of all online purchases, a court filing released Monday shows.The documents are believed to be the first time the government has provided details of its so-called national security letters, which are used by the FBI to conduct electronic surveillance without the need for court approval.The filing made public Monday was the result of an 11-year-old legal battle waged by Nicholas Merrill, founder of Calyx Internet Access, a hosted service provider, who refused to comply with a national security letter (NSL) he received in 2004. Merrill told Reuters the release was significant “because the public deserves to know how the government is gathering information without warrants on Americans who are not even suspected of a crime.”
  • National security letters have been available as a law enforcement tool since the 1970s, but their frequency and breadth expanded dramatically under the USA Patriot Act, which was passed shortly after the Sept. 11, 2001 attacks. They are almost always accompanied by an open-ended gag order barring companies from disclosing the contents of the demand for customer data.A federal court ruled earlier this year that the gag on Merrill’s NSL should be lifted. Merrill's challenge also disclosed that the FBI may use NSLs to gain IP addresses on everyone a suspect has corresponded with and cell-site location information. The FBI said in the court filings it no longer used NSLs for location information. The secretive orders have long drawn the ire of tech companies and privacy advocates, who argue NSLs allow the government to snoop on user content without appropriate judicial oversight or transparency.
  • Last year, the Obama administration announced it would permit Internet companies to disclose more about the number of NSLs they receive. But they can still only provide a range such as between 0 and 999 requests, or between 1,000 and 1,999. Twitter (TWTR.N) has sued in federal court seeking the ability to publish more details in its semi-annual transparency reports. Several thousand NSLs are now issued by the FBI every year, though the agency says it is unaware of the precise number. At one point that number eclipsed 50,000 letters annually. The FBI did not respond to a request for comment Monday.
Paul Merrell

Former US Intelligence Chief Discusses Development of IS - SPIEGEL ONLINE - 0 views

www.spiegel.de/...velopment-of-is-a-1065131.html

war & peace Iraq U.S.-foreign-policy Flynn

shared by Paul Merrell on 02 Dec 15 - No Cached
  • Michael Flynn, 56, served in the United States Army for more than 30 years, most recently as director of the Defense Intelligence Agency, where he was the nation's highest-ranking military intelligence officer. Previously, he served as assistant director of national intelligence inside the Obama administration. From 2004 to 2007, he was stationed in Afghanistan and Iraq, where, as commander of the US special forces, he hunted top al-Qaida terrorist Abu Musab al-Zarqawi, one of the predecessors to Abu Bakr al-Baghdadi, who today heads the Islamic State (IS) in Syria and Iraq. After Flynn's team located Zarqawi's whereabouts, the US killed the terrorist in an air strike in June 2006. In an interview, Flynn explains the rise of the Islamic State and how the blinding emotions of 9/11 led the United States in the wrong direction strategically.
  • we need the Arabs as partners, they must be the face of the mission -- but, today, they are neither capable of conducting nor leading this type of operation, only the United States can do this. And we don't want to invade or even own Syria. Our message must be that we want to help and that we will leave once the problems have been solved. The Arab nations must be on our side. And if we catch them financing, if they funnel money to IS, that's when sanctions and other actions have to kick in.
  • SPIEGEL ONLINE: The Islamic State wouldn't be where it is now without the fall of Baghdad. Do you regret ... Flynn: ... yes, absolutely ... SPIEGEL ONLINE: ... the Iraq war? Flynn: It was huge error. As brutal as Saddam Hussein was, it was a mistake to just eliminate him. The same is true for Moammar Gadhafi and for Libya, which is now a failed state. The historic lesson is that it was a strategic failure to go into Iraq. History will not be and should not be kind with that decision.
Paul Merrell

Martin Shkreli Arrested on Securities Fraud Charges - 0 views

www.bloomberg.com/...artin-shkreli-securities-fraud

Shkreli criminal-prosecution embezzlement fraud

shared by Paul Merrell on 18 Dec 15 - No Cached
  • Martin Shkreli, a boastful pharmaceutical executive who came under withering criticism for price gouging vital drugs, denied securities fraud charges on Thursday following an early morning arrest, and was freed on a $5 million bond. While the 32-year-old has earned a rare level of infamy for his brazenness in business and his personal life, what he was charged with had nothing to do with skyrocketing drug prices. He is accused of repeatedly losing money for investors and lying to them about it, illegally taking assets from one of his companies to pay off debtors in another. “Shkreli essentially ran his company like a Ponzi scheme where he used each subsequent company to pay off defrauded investors from the prior company,” Brooklyn U.S. Attorney Robert Capers said at a press conference.
  • Evan Greebel, a New York lawyer, who is alleged in the federal indictment to have helped Shkreli in his schemes, was also arrested and charged. Like Shkreli, he pleaded not guilty, and he was freed on a $1 million bond. Both men and their lawyers declined to comment after their court appearance.
  • Read the full text of the indictment here In the federal indictment and a complaint by the Securities and Exchange Commission, authorities say Shkreli began losing money and lying to investors from the time he began managing money. In his mid-20s, he got nine investors to place $3 million with him and at one point he had only $331. Securities fraud is hardly unheard of on Wall Streeet and the amounts involved here are nowhere near on the scale of Bernie Madoff. But Shkreli’s case has drawn such attention because of his defiant price-gouging and his own up-by-the-bootstraps history. The son of immigrants from Albania and Croatia who did janitorial work and raised him and his brothers in working-class Brooklyn, Shkreli seemed at first to embody the American dream and then to mock it. After dropping out of an elite Manhattan high school, he worked as an intern for Jim Cramer’s hedge fund as a 17-year-old and quickly impressed with his ability to call stocks. He created hedge funds, taught himself biology and, after earning a BA at Baruch College in New York City, began hedge funds investing in biotech.
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  • He became famous within a certain world but entered public consciousness after he raised the price more than 55-fold for Daraprim in September from $13.50 per pill to $750. It is the preferred treatment for a parasitic condition known as toxoplasmosis, which can be deadly for unborn babies and patients with compromised immune systems including those with HIV or cancer. His company, Turing Pharmaceuticals AG, bought the drug, moved it to a closed distribution system and instantly drove the price into the stratosphere. He drew shocked rebukes from Congress, doctors and presidential candidates, and brought public attention to the rising prices of older drugs. Donald Trump called Shkreli a “spoiled brat,” and the BBC dubbed him the “most hated man in America.” Bernie Sanders, the Democratic presidential candidate, rejected a $2,700 campaign donation from him, directing it to an HIV clinic. A spokesman said the campaign would not keep money “from this poster boy for drug company greed.” All the criticism seemed at first to have some impact and Shkreli said he would lower the price. Then he reneged. When Hillary Clinton tried one more time last month to get him to cut the cost, he dismissed her with the tweet “lol.” At a Forbes summit in New York this month, wearing a hooded sweatshirt, he said if he could have done it over, “I probably would have raised the price higher,” adding, “My investors expect me to maximize profits.”
  • Shkreli did further damage to his public image with other acts and boasts. He spent millions on the only copy of a Wu-Tang Clan album that music fans are desperate to hear and then told Bloomberg Businessweek that he had no immediate plans to listen to it. He takes often to Twitter and message boards, bragging about his business strategies, musical tastes and politics; he live-streams from his office for long stretches. The SEC complaint and federal indictment lay out a series of schemes and cover-ups carried out by Shkreli. Capers said authorities began investigating him as early as 2014.
  • Barely 23, he was managing hedge fund Elea Capital in New York and lost it all in 2007. Around then, a trade with Lehman Brothers ended with a $2.3 million judgment against him, prosecutors said. In 2010, he lost his clients’ $3 million investment in his new fund, MSMB Capital. In 2011, he bet that shares of Orexigen Therapeutics Inc. would fall and wound up owing $7 million to his broker, Merrill Lynch, authorities said. He couldn’t pay, and he, an unnamed accomplice and MSMB Capital eventually extinguished the debt with a $1.35 million settlement, they said. Part of that money came from his next firm, authorities said. After the collapse of MSMB Capital, Shkreli launched MSMB Healthcare with about $5 million from 13 investors. He paid himself “far in excess” of the agreed-upon 1 percent management fee and 20 percent profit incentive, according to the SEC.
  • Shkreli then used cash from MSMB Healthcare to invest in Retrophin, the pharmaceutical company he founded in 2011, even though it “had no products or assets,” prosecutors said. Later, he used the assets of Retrophin to repay angry investors in his hedge funds, prosecutors said. Shkreli is confident that he will be cleared of the charges, according to a statement on his behalf. Shkreli is particularly disappointed that his litigation with Retrophin has become a government enforcement matter, according to the statement. He also denied the charges regarding the MSMB entities, which he said involve complex accounting matters that prosecutors and the SEC fail to understand, according to the statement. “It is no coincidence that these charges, the result of investigations which have been languishing for considerable time, have been filed at the same time of Shkreli’s high-profile, controversial and yet unrelated activities,” according to the statement. “The government suggested that Mr. Shkreli was involved in a Ponzi scheme. Ponzi victims do not make money, yet Mr. Shkreli’s investors enjoyed strong results.”
  • As Shkreli’s losses mounted, so did his lies. He fabricated portfolio statements and, with his lawyer’s help, deceived the SEC and outside accountants. He backdated records, manufactured a phony loan agreement between Retrophin and a hedge fund, and created sham consulting agreements with Retrophin as a way to route the company’s cash to his earlier investors. Greebel, the arrested lawyer, made sure Retrophin’s outside accountants were unaware of Shkreli’s financial maneuvers and helped him concoct the consulting agreements used to repay the hedge fund investors, the U.S. said. The cases mirror a lawsuit brought by Retrophin. Shkreli blithely dismissed his old company’s claims, saying, “The $65 million Retrophin wants from me would not dent me. I feel great. I’m licking my chops over the suits I’m going to file against them.” Earlier, he had denied wrongdoing in a post on InvestorsHub after Retrophin disclosed it had received a subpoena from federal prosecutors and the preliminary findings from its own investigation of Shkreli. He called the company’s allegations “completely false, untrue at best and defamatory at worst.”
  • “Every transaction I’ve ever made at Retrophin was done with outside counsel’s blessing,” he said on the investment blog in February, without identifying the lawyers. When Shkreli was working for Cramer’s firm, he was still a teenager. After recommending successful trades, Shkreli eventually set up his own hedge fund, quickly developing a reputation for trashing biotechnology stocks in online chatrooms and shorting them, to enormous profit. Widely admired for his intellect and sharp eye, he set up Retrophin to develop drugs and acquire older pharmaceuticals that could be sold for higher profits. Turing, which is less than a year old and has raised $90 million in financing, has followed a similar strategy with the purchase of drugs, including Daraprim. Shkreli recently bought a majority stake in KaloBios Pharmaceuticals Inc. after Turing received a warning from the New York attorney general that the distribution network for Daraprim may violate antitrust laws. State officials made their concerns known to Turing and Shkreli in an Oct. 12 letter obtained by Bloomberg.
  • KaloBios recently acquired the license for benznidazole, a standard treatment for Chagas, a deadly parasitic infection most common in South and Central America. The firm announced plans to increase the cost from a couple hundred dollars for two months to a pricing structure like that for hepatitis-C drugs, which can run to nearly $100,000 for 12 weeks.
  • With the federal charges and regulatory actions, Shkreli could be banned from running a public company, which could put the future of KaloBios into question. Trading in KaloBios shares was halted after the stock fell 53 percent. It’s less clear what the impact could be on Turing, which is closely held.
  • Federal authorities will have to ask a judge to impose an asset freeze if they want to guarantee Shkreli doesn’t dispose of ill-gotten gains. The charges suggest that a small group of health-care firms—ones that acquire the rights to drugs and significantly increase their prices—is drawing the scrutiny of regulators and prosecutors, with a possible chilling effect on aggressive drug-pricing strategies. Legislators are already paying attention. A hearing of the Senate Special Committee on Aging on Dec. 9 scrutinized such tactics. Before Shkreli started Turing, Retrophin raised the price of Thiola, used to treat a rare condition causing debilitating recurrences of kidney stones, from $1.50 a pill to $30. “Some of these companies seem to act more like hedge funds than traditional pharmaceutical companies,” said Senator Susan Collins, a Maine Republican who ran the recent hearing. George Scangos, CEO of biotechnology giant Biogen Inc., went further, saying in an interview, “Turing is to a research-based company like a loan shark is to a legitimate bank.”
  • Paul Merrell on 18 Dec 15
     
    Couldn't happen to a nicer guy.
Paul Merrell

Tapie Affair: IMF head Christine Lagarde ordered to face trial by French court over tyc... - 0 views

www.ibtimes.co.uk/t-over-tycoon-payments-1533856

banksters IMF Lagarde prosecution negligence

shared by Paul Merrell on 18 Dec 15 - No Cached
  • A French court has ordered IMF boss Christine Lagarde to face trial over the part she played in the Tapie Affair, regarding a €400m (£291m, $433m) transfer to French business tycoon and entrepreneur Bernard Tapie.In September, France's main prosecutor recommended magistrates at the Cour de Justice de la Republique, which deals with crime allegations against government officials, drop the investigation. The magistrates were probing Lagarde's alleged negligence in regards to the affair when she was finance minister of the country.Why advertise with usIn 2008, when Lagarde served under Nicolas Sarkozy's government, she approved a three member arbitration panel that awarded the payment from the taxpayers' pockets. Lagarde and Sarkozy have both been under fire since then for approving the panel.The payment followed Tapie's accusation that French bank Credit Lyonnais defrauded him when it handled the businessman's sale of his majority stake in German sports retailer Adidas in 1993. Tapie alleged the bank of deliberately undervaluing the company after it sold the stake for a higher sum.
  • Because the now bust Credit Lyonnais was partly state owned, at least some of the money came from French taxpayers. Tapie sold his Adidas shares to become a cabinet minister. He backed and supported Sarkozy in his bid for presidency in 2007.
  • The case has been brought up numerous times throughout the years, but some have accused current president Francois Hollande of playing politics. While others say that Lagarde and Sarkozy approved the payment because the influential Tapie backed their government.Tapie used to be popular among the French, as an entrepreneur and 'rags to riches' success story. Apart from Adidas, he has owned cycling team and Tour de France winner La Vie Claire and French football club Olympique Marseille.
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