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Gary Edwards

BOMBSHELL! Jim Garrow Reveals Career As Covert CIA Operative, Says Breitbart ... - 1 views

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    Links to radio interview. Excerpts below: "As a long-time friend and guest on NTEB Radio, we know Dr. Garrow to be a previous Nobel Peace Prize nominee and executive director of the Bethune Institute's Pink Pagoda Girls school and rescue outreach in China. But on our show tonight, Dr. Garrow made the amazing revelation that he had, in fact, right up until this past Wednesday night at midnight, spent 45 years as a covert CIA operative. Garrow said that as a result of his "litmus test" statement in January, he was outed from the agency by Obama, and forced to accept early retirement. But the revelations didn't stop there. In addition to revealing that Andrew Breitbart had been killed under orders from Obama administration officials, he also said that spy thriller novelist Tom Clancy had also be killed in much the same way, and for the same reasons. Garrow said that Clancy had been spoon fed inside information for years from covert operatives for his novels, and he knew too much. Interestingly, when asked about where he got his ideas for his novels, Clancy had said this before he died: ""I hang my hat on getting as many things right as I can," Mr. Clancy once said in an interview. "I've made up stuff that's turned out to be real - that's the spooky part." NY Times A little too real, as it turns out. Dr. Garrow said the reason no autopsy was performed for the first 5 days is that it 'takes that long for the chemicals he was poisoned with to work their way out of his body'. Lastly, he revealed that Obama's administration was made up of Marxist Muslims who all take their orders from Senior Adviser to the President, Iranian-born Valerie Jarrett. Dr. Garrow said that it is well known to intelligence agencies all over the world that Obama is a foreign plant who was placed on the path to the presidency by ultra-rich Saudi nationals This is why, Garrow said, that all of Obama's education records have been permanently sealed. Garrow p
Paul Merrell

Will Aleppo become the capital of a new Caliphate? | Middle East Eye - 0 views

  • The “mother of all battles” is what a looming showdown in Aleppo is being called, as revitalised Islamist rebel forces fresh from victories in nearby Idlib are preparing to mount an all-out offensive in the next few weeks to seize the remaining part of the city under government control. The stakes couldn’t be any higher - no less than the fate of the Syrian nation hangs in the balance - and the final lines of division might be drawn here.The plan, drawn up by the insurgency’s three most powerful regional backers - Turkey, Saudi and Qatar - is to overrun the entire northwest of Syria and create a rebel controlled “safe zone,” and through direct military intervention prevent the Syrian regime’s aircraft and missiles from targeting it, thereby essentially setting up a de facto mini state.To that end, there has been unprecedented cooperation and coordination between those powers who have put aside their rivalries and differences after King Salman of Saudi assumed the throne. This effort has seen them pour enormous financial, logistical and military resources into setting up what is called the “Fatih Army” or the Army of Conquest, and controlling the flow of its battles directly through an operations room in Turkey as well as intelligence officers on the ground. This was given the go ahead by the US, which under pressure from those allies again seems to have flipped its priority in Syria from battling the Islamic State (IS) to regime change.
  • The “mother of all battles” is what a looming showdown in Aleppo is being called, as revitalised Islamist rebel forces fresh from victories in nearby Idlib are preparing to mount an all-out offensive in the next few weeks to seize the remaining part of the city under government control. The stakes couldn’t be any higher - no less than the fate of the Syrian nation hangs in the balance - and the final lines of division might be drawn here.The plan, drawn up by the insurgency’s three most powerful regional backers - Turkey, Saudi and Qatar - is to overrun the entire northwest of Syria and create a rebel controlled “safe zone,” and through direct military intervention prevent the Syrian regime’s aircraft and missiles from targeting it, thereby essentially setting up a de facto mini state.To that end, there has been unprecedented cooperation and coordination between those powers who have put aside their rivalries and differences after King Salman of Saudi assumed the throne. This effort has seen them pour enormous financial, logistical and military resources into setting up what is called the “Fatih Army” or the Army of Conquest, and controlling the flow of its battles directly through an operations room in Turkey as well as intelligence officers on the ground. This was given the go ahead by the US, which under pressure from those allies again seems to have flipped its priority in Syria from battling the Islamic State (IS) to regime change.
  • It is worth mentioning that after almost a year of US-led coalition bombing, IS has continued to expand and grow, and now controls half of Syria and a third of Iraq. US policy here, as many had foreseen, is a confused and muddled disaster.If the name of the Fatih Army sounds ominous, then its composition is even more disturbing, being made up primarily of al-Qaeda’s affiliate Jabhat al-Nusra, as well as other hardline Salafi jihadist groups like Ahrar el-Sham. This army has already “conquered” most of Idlib province, and is looking to go for Aleppo next.
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  • This once tolerant, secular, multicultural and multi-confessional nation with a diverse society and rich heritage will soon become home to two of the world’s most noxious, extremist and violently fanatical statelets. In their wake, all of Syria’s non-Sunni Muslim inhabitants are being ethnically cleansed and displaced. Predictably, this is what happened in Idlib after it fell to the Fatih Army, which saw all of its Christians abandon their homes and flee to government-controlled areas, to little media attention. This will undoubtedly happen in Aleppo too, which has a very large Christian population comprised of various denominations, including ethnic Armenians.Leaders of the Christian community here have sounded the alarm, and warned that after surviving for countless centuries in one of the first lands inhabited by ancient Christians, their presence here might be coming to a final end. Again, the absence of any media concern about this impending calamity is very telling.The backers of the insurgency have now dropped any pretence of “moderate” rebel groups fighting the Syrian regime, and have almost completely ditched and sidelined the umbrella opposition in exile which they for so long touted as the “legitimate representatives” of the Syrian people. In their stead, we now have an al-Qaeda army preparing to “liberate” north Syria.
  • Gone are all those grand slogans along with the “moderate” rebel groups we have heard so much about in the news, who after all these years proved to be little more than incompetent and corrupt profiteers. Those groups disintegrated, many of their former fighters joining the extremist jihadist groups who also seized their sophisticated US supplied weapons.This rebel farce of course was well known to us Syrians, but was never a newsworthy item. We’ve always known that the only effective insurgents on the ground were the Islamists and the jihadists, and that the others were there for show, for the camera crews and media consumption. Maintaining this image no longer seems to be a concern however. After failing to convince Nusra to “rebrand” and ditch its ties with al-Qaeda, The Fatih Army was formed as a more palatable and purely cosmetic media-friendly cover name.
  • Partitioning SyriaThis is what the nations who claim to back the Syrian people’s aspirations for freedom and a democratic inclusive state have deemed fit to unleash upon us. After failing to topple the Syrian regime for four years and realising there would never be any political compromise that would fit their goals, they have now decided to partition Syria and facilitate its partial takeover by jihadists.It doesn’t seem that previous lessons have been learned, with Afghanistan being the prime precedent. You simply cannot deal with and hope to control the jihadi proxies that you are using to fulfil your military ambitions. Quite simply those groups don’t play by the rules, and will turn on you the first chance they get and follow their own ideologically motivated agendas. The repercussions of doing so have always been, and will continue to be, extremely dangerous and profound.
  • Needless to say, the majority of Syrians refuse the partitioning of their nation and its takeover by extremists under any pretexts. But that this pretext should be “freeing them from tyranny and oppression” is yet another sad little irony in the black comedy that is Syria’s conflict.This is felt especially acutely in Aleppo, whose helpless people have endured years of a deadly stalemated war that has killed many of them and destroyed all they held precious. It now seems they must again dread the day they will be “conquered” and “liberated” as it would likely mean the loss of what little they still have left of their city, and what little hope they still hold for the future.
  • In all likelihood, Aleppo becoming the capital of yet another caliphate would see the majority of its inhabitants abandoning it in droves, and the complete loss of its religious minorities, hence its unique character and identity.The people here are bracing themselves for the worst, for a momentous battle ahead. The outcome of this battle is by no means a foregone conclusion though, as Syria’s ambassador to the UN has warned in no uncertain terms that Aleppo is a red line, which once crossed would see the escalation of the conflict to other nations. Whether these words are empty and mere rhetoric remains to be seen and depends largely on what the regime’s prime backer, Iran, decides to do.
  • This month is a very sensitive time for Iran, as it prepares to sign a historic nuclear agreement while regional tensions are soaring. While the ball is now squarely in its park with regards to Syria, it may choose to delay its move until the picture becomes clearer.Speculation is rife that along with the nuclear deal, regional issues are being hammered out too. Could it be that Iran would accept the partitioning of Syria as long as it gets to keep a majority Shia and Alawi “protectorate” along the coast? Or is it sticking to its guns and thwarting the planned “mother of all battles” in Aleppo by demanding it be stopped, or threatening a serious escalation if it isn’t? How will the flow of war and proxy showdown in Yemen affect Syria?The coming weeks will tell, and they will be some of the most difficult the people of Syria and Aleppo have seen yet. 
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    The Aleppo region is well to the north of Tartus, where the Russians have there only  naval base in the Mediterranean, but Russia has a vested interest in Syria surviving intact. Look for a Russian move soon to blunt the planned attack on Aleppo. You can bet that the Russian, Iranian, and Syrian governments are working together on a strategy.  
Paul Merrell

You're More Likely to Die from Brain-Eating Parasites, Alcoholism, Obesity, Medical Err... - 0 views

  • We noted in 2011: – You are 17,600 times more likely to die from heart disease than from a terrorist attack – You are 12,571 times more likely to die from cancer than from a terrorist attack — You are 11,000 times more likely to die in an airplane accident than from a terrorist plot involving an airplane — You are 1048 times more likely to die from a car accident than from a terrorist attack –You are 404 times more likely to die in a fall than from a terrorist attack — You are 87 times more likely to drown than die in a terrorist attack – You are 13 times more likely to die in a railway accident than from a terrorist attack –You are 12 times more likely to die from accidental suffocation in bed than from a terrorist attack –You are 9 times more likely to choke to death on your own vomit than die in a terrorist attack –You are 8 times more likely to be killed by a police officer than by a terrorist –You are 8 times more likely to die from accidental electrocution than from a terrorist attack – You are 6 times more likely to die from hot weather than from a terrorist attack Let’s look at some details from the most recent official statistics.
  • The U.S.  Department of State reports that only 17 U.S. citizens were killed worldwide as a result of terrorism in 2011. That figure includes deaths in Afghanistan, Iraq and all other theaters of war. In contrast, the American agency which tracks health-related issues – the U.S. Centers for Disease Control – rounds up the most prevalent causes of death in the United States:
  • (Keep in mind when reading this entire piece that we are consistently and substantially understating the risk of other causes of death as compared to terrorism, because we are comparing deaths from various causes within the United States against deaths from terrorism worldwide.)
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    Reminds of a quote: "Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and not clothed. This world in arms is not spending money alone. It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children. This is not a way of life at all in any true sense. Under the cloud of threatening war, it is humanity hanging from a cross of iron." - Dwight D. Eisenhower, From a speech before the American Society of Newspaper Editors (16 April 1953)
Gary Edwards

A Word of Advice to Financial Authorities: Default! Bill Bonner's Lessons from History - 0 views

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    What we are reckoning with is the breakdown so big hardly anyone notices it. The model of a political economy set up in response to the industrial revolution is now worn out. Exhausted. Headed for the trash heap of history. We're not in the habit of giving advice here in The Daily Reckoning. Sure, we warned readers about the biggest threats to their finances in 30 years - the bubbles in tech stocks and then in housing. And sure, we urged them to buy what turned out to be the best investment they could have made - gold. And yes, we criticized governments for doing all the wrong things. But urging them to do the right things would be both futile and earnest. Futility doesn't bother us. But we can't stand earnestness. Left unchecked it leads right to world improvement…and thence to Hell. Still, in the spirit of civic betterment, today exceptionally, we offer a bit of advice to financial authorities all over the world. In a word: Default! When you have more debt than you can pay, it is always best to own up…default…hang your head…say you're sorry…promise not to do it again… …and go about your business. And do it as soon as possible. Whence cometh this august advice? From the pages of history - recent…and not so recent.
Gary Edwards

So Who's Up For A Round Of Messenger-Shooting? | RedState - 0 views

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    The US Government will continue to borrow over $100 Billion per month.  Thanks to the grand borrowing plan, the ruling class assures us that spending cuts for 2012 will total $7 Billion (for the year).  2013 is whopping $2 Billion.  What a deal!!!  It's convert to GOLD or kiss it goodbye time my friends. excerpt:  The prospect of having S&P downgrading US debt has politicians scrambling to prevent such a Bonfire of The Keynesians. To forestall the coming horror, they worked tirelessly to pass a Balanced Budget Amendment, means test entitlement programs, close unnecessary military bases which were doled out as Congressional Pork, and repealed ObamaCare to the ringing cheers of small businesses all over America. Pysch! No they didn't. They immediately mounted a rhetorical assault against S&P for having the temerity to question the creditworthiness of an organization that has borrowed $5Tr dollars in the past five years, seen a precipitous and enduring decline in its corporate revenues, and has failed to fashion an acceptable long-term budget in the last 800 days. If a broker told me to buy lots of stock in some private corporation that tried that crap I'd hang up the phone on that individual without any further comment. S&P put it more politely when they said the following. "We view an inability to timely agree and credibly implement medium-term fiscal consolidation policy as inconsistent with a 'AAA' sovereign rating." So the United States government has failed to pass a budget for 800 days. We have increased our national debt from $9Tr to $14Tr in the very recent near-term. Our President has recommended a budget that would have raised this indebtedness to $25Tr over the next ten. It's a genuine shame we aren't giving these people more revenues. They manage what we do give them so well.
Gary Edwards

Understanding 9/11: A Television News Archive - 1 views

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    Incredible video archive commemorating 9/11.  These are video clips that disappeared soon after that horrific event, archived for all time by some San Francisco dogooders.  It's meant to be a timeless resource for journalist, researchers, historians and writers as well as future generations of Americans who want to visually see the truth as it went down.  Now, if only we can get the Banksters behind this attack and hang them high. Sometimes we forget how dramatically those few days changed the course of history and how rapidly the desire to react was. And as you can see from the footage, it was not just the likes of Bill O'Reilly on Fox News (who declared that America should "bomb the Afghan infrastructure to rubble"). The archive is a way of digging into that reaction, which is itself a way of digging into where we are today. But sometimes it's just as important to remember the sheer confusion that took hold. The most grim moments come when comparing live coverage of the attacks themselves. For example on ABC, at 9:02 a.m., you hear the mangled yelps of staff in the studio as they (and you) watch the second plane strike the World Trade Center. At the same moment on CNN, meanwhile, they didn't even spot what had happened until a minute or two later. It's a brief interlude of innocence that nobody will ever have again. Understanding 9/11 is raw and unpalatable and terrifying. But what the Internet Archive has done is create an important and lasting monument to the events of a decade ago. It might not feel like a traditional tribute to those who died, but I think it is one that - for all of its difficulties - is utterly necessary.
Paul Merrell

Snowden affair: the case for a pardon | Editorial | Comment is free | The Guardian - 0 views

  • Man does civic duty, and is warmly thanked? Of course not. Should Mr Snowden return to his homeland he can confidently expect to be prosecuted under the Espionage Act and, if convicted – like Chelsea Manning before him – locked away for a very long time. For all his background in constitutional law and human rights, Mr Obama has shown little patience for whistleblowers: his administration has used the Espionage Act against leakers of classified information far more than any of his predecessors. It is difficult to imagine Mr Obama giving Mr Snowden the pardon he deserves. There has been some talk of an amnesty – with NSA officials reportedly prepared to consider a deal allowing Mr Snowden to return to the US in exchange for any documents to which he may still have access. The former head of MI5, Dame Eliza Manningham-Buller recently predicted such an outcome, though Mr Obama's own security adviser, Susan Rice, thought he didn't "deserve" it. A former CIA director, James Woolsey, suggested he "should be hanged by his neck until he is dead".
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    The Guardian goes one better than The New York Times, coming out editorially for a full pardon. (The Times advocated only clemency or a plea bargain.)
Paul Merrell

John Bolton: Edward Snowden 'Ought To Swing From A Tall Oak Tree' - 0 views

  • Former U.S. ambassador to the United Nations John Bolton spoke out against former government contractor Edward Snowden for leaking classified details on the National Security Agency's controversial surveillance practices, suggesting Snowden should "swing from a tall oak tree" as punishment. Speaking on Fox News on Monday, Bolton, who served under former President George W. Bush, characterized Snowden's actions as treason, and urged against any public talk of amnesty.
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    Also echoed by former CIA Director James Woolsey. http://jonathanturley.org/2013/12/18/ex-cia-director-calls-for-snowden-to-be-hanged-by-his-neck-until-he-is-dead/ Personally, I'm against the death penalty but if anyone is to swing from the yardarm, it should be the perverted politicos and bureaucrats who turned this nation into a police state, as well as their willing lackeys like Bolton and Woolsey.  Edward Snowden is a patriot; these guys used the Constitution to wipe their behinds every day. 
Gary Edwards

State of the Union 2015: Lethal, Predatory, Delusional | Black Agenda Report - 1 views

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    ""The economy inhabited by the vast majority of Americans grows smaller and more cutthroat, with nearly all the new wealth accruing to the rich." Tuesday night, in his next-to-last State of the Union address, President Obama flashed the suckers a bag of tricks that has no chance of passing the Republican-controlled Congress, but will allow his apologists to claim that the genuine, more progressive Obama is revealing himself in his final two years in office. Of course, the final-years Obama could have accomplished his modest 2015 agenda, and much more, back in 2009 and 2010, when Democrats dominated both the House and the Senate and the Republicans were in despair and disarray. Which is precisely why Obama chose, instead, to put his party's perishable congressional majorities at the service of bankers, Wall Street, private insurers and Big Pharma. Now that Democrats are the endangered species on Capitol Hill, Obama hangs a piñata of subsidized community college education, additional tax deductions for child care, seven days paid sick leave, higher capital gains taxes on the wealthy, and billions in fees on casino bankers. On closer examination, his grab bag of bills and requests for legislation contains even less than advertized - a vapor-thin rhetorical veneer for a center-right presidency whose real accomplishment has been to re-inflate the Wall Street casino, flush the last vestiges of secure employment out of the economy, and put the imperial war machine back on the offensive. Corporate pundits describe Obama's antics as an appeal to his party's "base." In a world in which words actually mean something, a politician's base would be composed of the people whose interests he actually serves, rather than those he victimizes. But, such logic does not apply in late capitalist America, where both parties cater to the needs of the moneyed classes; one, shamelessly, without inhibition, the other through deployment of talented liars like Obama. "Blac
Paul Merrell

Jordan 'says it will hang its ISIS captives' if airman hostage is dead  | Dai... - 0 views

  • Jordan has threatened to fast-track the execution of a would-be suicide bomber the Islamic State is trying to free if the terror group kills its captured pilot, it was reported today.The government has apparently warned that Sajida al-Rishawi and other jailed ISIS commanders would be 'quickly judged and sentenced' in revenge for Muath al-Kaseasbeh's death.It comes after a deadline for a possible prisoner swap allegedly set by ISIS passed yesterday with no clue over the fate of al-Kaseasbeh or fellow Japanese hostage Kenji Goto.Intelligence sources said ISIS's refusal to prove that al-Kaseasbeh was alive meant any deal with the militants was doomed.Now Jordan has reportedly stepped up its rhetoric by warning of its intent to retaliate if the negotiations end in bloodshed.
  • Elijah Magnier, chief international correspondent for Kuwait's Al Rai newspaper, told MailOnline: 'I have reliable contact in the Jordanian government who says a message has been passed to ISIS.'It warns that if they kill the pilot they will implement the death sentences for Sajida and other ISIS prisoners as soon as possible.
  • Shortly after reports of the ultimatum emerged, Jordan issued a statement saying they were still waiting for proof that the captured F-16 pilot was still alive. 
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    If this report is true, the presumption of innocence and a fair trial have been discarded in Jordan, at least when the defendants are branded as ISIL leaders by the Jordanian government. But would Jordan also conduct public behadings and post videos of them on the Web along with propaganda? That's the technique used by the U.S.-led ISIL propagandists.  
Gary Edwards

Generals conclude Obama backed al-Qaida - 0 views

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    Petrodollars. Obama has lost Iraq, Afghanistan, Libya and Yemen to Al-Queda / Muslim Brotherhood extremists. He has nearly lost Egypt and Syria. They hang by a thread. We could see this as an Islamic revolution trying to overtake the despots that have ruled the middle East since the WWI break up of the Ottoman Empire, and shamelessly enriched themselves in petrodollars in the process. Or, we could look at this as religious war between Sunni and Shiite Islamic factions, with Iran leading the Shiites, and the Saudis leading the Sunnis. Except, that divide doesn't seem to gel with the idea of a Shiite Muslim Brotherhood alliance with a Sunni Al-Queda. For sure though, Iran has taken over the formerly Sunni led Iraq and is now executing any and all Sunni rebels. Including all of Saddam Hussein's Revolutionary Guard members now fighting in northern Irag and Syria as ISIL. With the help, air cover and weapons provided by Obama, the Muslim Brotherhood has taken over Libya, and nearly took Egypt. The only way of looking at this mess and making sense of it is through the lens of petrodollars and pipelines. Gadafi, Saddam Husein, the Shah of Iran, and Bashir in Syria all have one thing in common: they were selling oil and accepting payment in something other than petrodollars. They were building pipelines for the shipment of non petrodollar oil. I don't expect Iraq or Lybian oil to ever return to market. Civil war will keep that oil in the ground; making the petrodollar bankers and oligarchs very very wealthy, and the USA-NATO military industrial complex very busy profiting from the sale of war making machinery. ..................................... "The Obama White House and the State Department under the management of Secretary of State Hillary Clinton "changed sides in the war on terror" in 2011 by implementing a policy of facilitating the delivery of weapons to the al-Qaida-dominated rebel militias in Libya attempting to oust Moammar Gadhafi from powe
Gary Edwards

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

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

Asia Times Online :: See you on the dark side - 0 views

  • But then there's the mantra PRISM has been essential to foil major terrorist plots; that has been thoroughly debunked. [4] What is never acknowledged is that PRISM is TIA in action. Anyone - with the right clearance - may use TIA to amass serious inside financial information and make staggering profits. So yes, follow the money.
  • Snowden is surfing the PR tsunami as a master - and controlling it all the way. Yes, you do learn a thing or two at the CIA. The timing of the disclosure was a beauty; it handed Beijing the ultimate gift just as President Obama was corralling President Xi Jinping in the California summit about cyber war. As David Lindorff nailed it, [5] now Beijing simply cannot let Snowden hang dry. It's culture; it's a matter of not losing face. And then Snowden even doubled down - revealing the obvious; as much as Beijing, if not more, Washington hacks as hell. [6] Following the money, the security privatization racket and Snowden's moves - all at the same time - allows for a wealth of savory scenarios ... starting with selected players embedded in the NSA-centric Matrix node making a financial killing with inside information. Snowden did not expose anything that was not already known - or at least suspected - since 2002. So it's business as usual for those running the game. The only difference is the (Digital Blackwater) Big Brother is Watching You ethos is now in the open. TIA, a bunch of wealthy investors and a sound business plan - privatized Full Spectrum Dominance - all remain in play. From now on, it's just a matter of carefully, gradually guiding US public opinion to fully "normalize" TIA. After all, we're making all these sacrifices to protect you.
Gary Edwards

Why America Hates Washington | RedState - 0 views

  • I sat in the first class section of the Acela Express once from New York to Washington. I was on a book tour and the publisher was whisking me from New York to DC for events. Thomas Freidman sat diagonally from me. His single seat backed up to where the First Class Stewards worked. As the train pulled into DC, the overworked steward hadn’t taken Friedman’s tray. Friedman yelled angrily about this being why the nation was collapsing. I kid you not. I was the tipster. First Class of the Acela Express has more to do with what is wrong with America than the Steward who works there. The New York-Washington bubble remains largely disconnected from the rest of the country. When last I made that point, Dylan Byers of the Politico tweeted along the lines of this being as preposterous as the French claiming Paris truly wasn’t France. Of course, de Gaulle popularized the notion of La France profounde — that Paris really wasn’t indicative of the rest of the country.
  • There is a disconnect. It is not everywhere nor with everyone in the NYC-DC corridor. There are people who and places that anchor themselves to the values outside what more and more people are calling the “ruling elite,” but there is a disconnect that I think explains both Congress and the President’s falling approval ratings (not that Congress can get much lower). Listen to the rhetoric in Washington, DC and you learn a few things.
  • With a few exceptions, they’re all mostly cool with the NSA spying on ordinary Americans.
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  • Congress thinks immigration reform that will give immigrants preferential hiring status to existing Americans is the most important thing ever.
  • The President thinks shutting down coal power plants is the most important thing ever.
  • The IRS is out of control and Congress would rather bribe each other to pass immigration plans than look into it.
  • Oh, and the rest of America just wants a FREAKING JOB!
  • There is a massive disconnect between the chattering classes and politicos of Washington and New York and the rest of America. While most Americans are struggling to get ahead, both Republicans and Democrats in Washington act as though they are managing our decline.
  • Gun control, global warming, gay marriage, and immigration are the greatest issues of the day to those in Washington who hang around the green rooms of the various news outlets and gossip with reporters about which lobbyists are sleeping with which members of Congress.
  • The sage of creased pants bipartisanship, David Brooks, reports on Jesus’s letter to the Corinthians. Thomas Friedman, the guru of globalism reduced to ridiculous phrases with no meaning yells at train stewards for not clearing his plate fast enough. And the Washington to New York crowd laps them all up as defining what fierce urgencies now must be dealt with.
  • The rest of America is nervous about where their next meal and paycheck are coming from, how they are going to afford to bail their kids out of crumbling schools, and the price of a gallon of milk and loaf of bread that keep going up though Ben Bernanke tells them there is no inflation.
  • Lindsey Graham and John McCain can sit in the Senate Cloakroom passing out pieces of silver to various Senators buying up their votes for their immigration scheme while Harry Reid concocts a new way to bring gun control back to the Senate floor, and Americans everywhere else will sit back and have their W.T.F. moment of the day.
  • Why has Washington forgotten what matters? And what the hell are Republicans even doing?
Paul Merrell

US Media Ignores CIA Cover-up on Torture - Consortiumnews - 0 views

  • MEMORANDUM FOR: Sen. Dianne Feinstein, Vice Chairman, Senate Select Committee on Intelligence FROM: Veteran Intelligence Professionals for Sanity SUBJECT: U.S. Media Mum On How Your Committee Faced Down Both CIA and Obama We write to thank you for your unwavering support for your extraordinarily courageous and tenacious staff in (1) investigating CIA torture under the Bush/Cheney administration and (2) resisting CIA/White House attempts under the Obama administration to cover up heinous torture crimes like waterboarding.
  • With well over 400 years of intelligence experience under our collective belt, we wondered how you managed to get the investigation finished and the executive summary up and out (though redacted). We now know the backstory – thanks to the unstinting courage of the committee’s principal investigator Daniel Jones, who has been interviewed by Spencer Ackerman, an investigative reporter for The (UK) Guardian newspaper. The titanic struggle depicted by Ackerman reads like a crime novel; sadly, the four-part series is nonfiction: I. “Senate investigator breaks silence about CIA’s ‘failed coverup’ of torture report” II. “Inside the fight to reveal the CIA’s torture secrets” III. ” ‘A constitutional crisis’: the CIA turns on the Senate” IV. “No looking back:  the CIA torture report’s aftermath“
  • Remarkably, a full week after The Guardian carried Ackerman’s revelations, none has been picked up by U.S. “mainstream” newspapers. Not the New York Times, the Wall Street Journal, the Washington Post – not even The Hill. (As for alternative media, Charles P. Pierce’s timely piece for Esquire whetted his readers’ appetite for the gripping detail of the Guardian series, explaining that it would be “unfair both to Ackerman’s diligence and Jones’s courage” to try to summarize even just the first installment. “Read the whole damn thing,” Pierce advises.)
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  • And so, the culprits who should be hanging their heads in shame are out and about, with some still collecting book royalties and some blithely working for this or that candidate for president. As if nothing happened. Sadly, given the soporific state of our mainstream media – particularly on sensitive issues like these – their silence is nothing new, although it does seem to have gotten even worse in recent years. The late William Colby, CIA director from 1973 to 1976, has been quoted as saying: “The CIA owns everyone of any significance in the major media.” Whether or not Colby was quoted correctly, the experience of the past several decades suggests it is largely true. Better sourced is a quote from William Casey, CIA director from 1981 to 1987: “We’ll know our disinformation program is complete when everything the American public believes is false.”
  • In these circumstances, we know from sad experience that there is no way any of us can get on any of the Sunday talk shows, for example – despite our enviable record for getting it right. Nor does it seem likely that any of the “mainstream” media will invite you to discuss the highly instructive revelations in The Guardian. We respectfully suggest that you take the initiative to obtain media exposure for this very important story.
Paul Merrell

President Xi's speech to Davos in full | World Economic Forum - 0 views

  • “It was the best of times, it was the worst of times.” These are the words used by the English writer Charles Dickens to describe the world after the Industrial Revolution. Today, we also live in a world of contradictions. On the one hand, with growing material wealth and advances in science and technology, human civilization has developed as never before. On the other hand, frequent regional conflicts, global challenges like terrorism and refugees, as well as poverty, unemployment and widening income gap have all added to the uncertainties of the world. Many people feel bewildered and wonder: What has gone wrong with the world? To answer this question, one must first track the source of the problem. Some blame economic globalization for the chaos in the world. Economic globalization was once viewed as the treasure cave found by Ali Baba in The Arabian Nights, but it has now become the Pandora’s box in the eyes of many. The international community finds itself in a heated debate on economic globalization.
  • Today, I wish to address the global economy in the context of economic globalization. The point I want to make is that many of the problems troubling the world are not caused by economic globalization. For instance, the refugee waves from the Middle East and North Africa in recent years have become a global concern. Several million people have been displaced, and some small children lost their lives while crossing the rough sea. This is indeed heartbreaking. It is war, conflict and regional turbulence that have created this problem, and its solution lies in making peace, promoting reconciliation and restoring stability. The international financial crisis is another example. It is not an inevitable outcome of economic globalization; rather, it is the consequence of excessive chase of profit by financial capital and grave failure of financial regulation. Just blaming economic globalization for the world’s problems is inconsistent with reality, and it will not help solve the problems.
  • But we should also recognize that economic globalization is a double-edged sword. When the global economy is under downward pressure, it is hard to make the cake of global economy bigger. It may even shrink, which will strain the relations between growth and distribution, between capital and labor, and between efficiency and equity. Both developed and developing countries have felt the punch. Voices against globalization have laid bare pitfalls in the process of economic globalization that we need to take seriously. As a line in an old Chinese poem goes, “Honey melons hang on bitter vines; sweet dates grow on thistles and thorns.” In a philosophical sense, nothing is perfect in the world. One would fail to see the full picture if he claims something is perfect because of its merits, or if he views something as useless just because of its defects. It is true that economic globalization has created new problems, but this is no justification to write economic globalization off completely. Rather, we should adapt to and guide economic globalization, cushion its negative impact, and deliver its benefits to all countries and all nations.
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  • Whether you like it or not, the global economy is the big ocean that you cannot escape from. Any attempt to cut off the flow of capital, technologies, products, industries and people between economies, and channel the waters in the ocean back into isolated lakes and creeks is simply not possible. Indeed, it runs counter to the historical trend.
  • First, lack of robust driving forces for global growth makes it difficult to sustain the steady growth of the global economy. The growth of the global economy is now at its slowest pace in seven years. Growth of global trade has been slower than global GDP growth. Short-term policy stimuli are ineffective. Fundamental structural reform is just unfolding. The global economy is now in a period of moving toward new growth drivers, and the role of traditional engines to drive growth has weakened. Despite the emergence of new technologies such as artificial intelligence and 3-D printing, new sources of growth are yet to emerge. A new path for the global economy remains elusive. Second, inadequate global economic governance makes it difficult to adapt to new developments in the global economy. Madame Christine Lagarde recently told me that emerging markets and developing countries already contribute to 80 percent of the growth of the global economy. The global economic landscape has changed profoundly in the past few decades. However, the global governance system has not embraced those new changes and is therefore inadequate in terms of representation and inclusiveness. The global industrial landscape is changing and new industrial chains, value chains and supply chains are taking shape. However, trade and investment rules have not kept pace with these developments, resulting in acute problems such as closed mechanisms and fragmentation of rules.
  • Third, uneven global development makes it difficult to meet people’s expectations for better lives. Dr. Schwab has observed in his book The Fourth Industrial Revolution that this round of industrial revolution will produce extensive and far-reaching impacts such as growing inequality, particularly the possible widening gap between return on capital and return on labor. The richest one percent of the world’s population own more wealth than the remaining 99 percent. Inequality in income distribution and uneven development space are worrying. Over 700 million people in the world are still living in extreme poverty. For many families, to have warm houses, enough food and secure jobs is still a distant dream. This is the biggest challenge facing the world today. It is also what is behind the social turmoil in some countries. All this shows that there are indeed problems with world economic growth, governance and development models, and they must be resolved. The founder of the Red Cross Henry Dunant once said, “Our real enemy is not the neighboring country; it is hunger, poverty, ignorance, superstition and prejudice.” We need to have the vision to dissect these problems; more importantly, we need to have the courage to take actions to address them.
  • First, we should develop a dynamic, innovation-driven growth model. The fundamental issue plaguing the global economy is the lack of driving force for growth.Innovation is the primary force guiding development. Unlike the previous industrial revolutions, the fourth industrial revolution is unfolding at an exponential rather than linear pace. We need to relentlessly pursue innovation. Only with the courage to innovate and reform can we remove bottlenecks blocking global growth and development. With this in mind, G-20 leaders reached an important consensus at the Hangzhou Summit, which is to take innovation as a key driver and foster new driving force of growth for both individual countries and the global economy. We should develop a new development philosophy and rise above the debate about whether there should be more fiscal stimulus or more monetary easing. We should adopt a multipronged approach to address both the symptoms and the underlying problems. We should adopt new policy instruments and advance structural reform to create more space for growth and sustain its momentum. We should develop new growth models and seize opportunities presented by the new round of industrial revolution and digital economy. We should meet the challenges of climate change and aging population. We should address the negative impact of IT application and automation on jobs. When cultivating new industries and new forms models of business models, we should create new jobs and restore confidence and hope to our peoples.
  • Second, we should pursue a well-coordinated and inter-connected approach to develop a model of open and win-win cooperation. Today, mankind has become a close-knit community of shared future. Countries have extensive converging interests and are mutually dependent. All countries enjoy the right to development. At the same time, they should view their own interests in a broader context and refrain from pursuing them at the expense of others. We should commit ourselves to growing an open global economy to share opportunities and interests through opening-up and achieve win-win outcomes. One should not just retreat to the harbor when encountering a storm, for this will never get us to the other shore of the ocean. We must redouble efforts to develop global connectivity to enable all countries to achieve inter-connected growth and share prosperity. We must remain committed to developing global free trade and investment, promote trade and investment liberalization and facilitation through opening-up and say no to protectionism. Pursuing protectionism is like locking oneself in a dark room. While wind and rain may be kept outside, that dark room will also block light and air. No one will emerge as a winner in a trade war.
  • Third, we should develop a model of fair and equitable governance in keeping with the trend of the times. As the Chinese saying goes, people with petty shrewdness attend to trivial matters, while people with vision attend to governance of institutions. There is a growing call from the international community for reforming the global economic governance system, which is a pressing task for us. Only when it adapts to new dynamics in the international economic architecture can the global governance system sustain global growth. Countries, big or small, strong or weak, rich or poor, are all equal members of the international community. As such, they are entitled to participate in decision-making, enjoy rights and fulfill obligations on an equal basis. Emerging markets and developing countries deserve greater representation and voice. The 2010 IMF quota reform has entered into force, and its momentum should be sustained. We should adhere to multilateralism to uphold the authority and efficacy of multilateral institutions. We should honor promises and abide by rules. One should not select or bend rules as he sees fit. The Paris Agreement is a hard-won achievement which is in keeping with the underlying trend of global development. All signatories should stick to it instead of walking away from it as this is a responsibility we must assume for future generations.
  • Despite a sluggish global economy, China’s economy is expected to grow by 6.7 percent in 2016, still one of the highest in the world. China’s economy is far bigger in size than in the past, and it now generates more output than it did with double-digit growth in the past. Household consumption and the services sector have become the main drivers of growth. In the first three quarters of 2016, added value of the tertiary industry took up 52.8 percent of the GDP and domestic consumption contributed to 71 percent of economic growth. Household income and employment have steadily risen, while per unit GDP energy consumption continues to drop. Our efforts to pursue green development are paying off. The Chinese economy faces downward pressure and many difficulties, including acute mismatch between excess capacity and an upgrading demand structure, lack of internal driving force for growth, accumulation of financial risks, and growing challenges in certain regions. We see these as temporary hardships that occur on the way forward. And the measures we have taken to address these problems are producing good results. We are firm in our resolve to forge ahead. China is the world’s largest developing country with over 1.3 billion people, and their living standards are not yet high. But this reality also means China has enormous potential and space for development. Guided by the vision of innovative, coordinated, green, open and shared development, we will adapt to the new normal, stay ahead of the curve, and make coordinated efforts to maintain steady growth, accelerate reform, adjust economic structure, improve people’s living standards and fend off risks. With these efforts, we aim to achieve medium-high rate of growth and upgrade the economy to higher end of the value chain.
  • We should foster a culture that values diligence, frugality and enterprise and respects the fruits of hard work of all. Priority should be given to addressing poverty, unemployment, the widening income gap and the concerns of the disadvantaged to promote social equity and justice. It is important to protect the environment while pursuing economic and social progress so as to achieve harmony between man and nature and between man and society. The 2030 Agenda for Sustainable Development should be implemented to realize balanced development across the world. A Chinese adage reads, “Victory is ensured when people pool their strength; success is secured when people put their heads together.” As long as we keep to the goal of building a community of shared future for mankind and work hand in hand to fulfill our responsibilities and overcome difficulties, we will be able to create a better world and deliver better lives for our peoples.
  • This is a path that puts people’s interests first. China follows a people-oriented development philosophy and is committed to bettering the lives of its people. Development is of the people, by the people and for the people. China pursues the goal of common prosperity. We have taken major steps to alleviate poverty and lifted over 700 million people out of poverty, and good progress is being made in our efforts to finish building a society of initial prosperity in all respects. This is a path of pursuing reform and innovation. China has tackled difficulties and met challenges on its way forward through reform. China has demonstrated its courage to take on difficult issues, navigate treacherous rapids and remove institutional hurdles standing in the way of development. These efforts have enabled us to unleash productivity and social vitality. Building on progress of 30-odd years of reform, we have introduced more than 1,200 reform measures over the past four years, injecting powerful impetus into China’s development.
  • This is a path of pursuing common development through opening-up. China is committed to a fundamental policy of opening-up and pursues a win-win opening-up strategy. China’s development is both domestic and external oriented; while developing itself, China also shares more of its development outcomes with other countries and peoples. China’s outstanding development achievements and the vastly improved living standards of the Chinese people are a blessing to both China and the world. Such achievements in development over the past decades owe themselves to the hard work and perseverance of the Chinese people, a quality that has defined the Chinese nation for several thousand years. We Chinese know only too well that there is no such thing as a free lunch in the world. For a big country with over 1.3 billion people, development can be achieved only with the dedication and tireless efforts of its own people. We cannot expect others to deliver development to China, and no one is in a position to do so. When assessing China’s development, one should not only see what benefits the Chinese people have gained, but also how much hard effort they have put in, not just what achievements China has made, but also what contribution China has made to the world. Then one will reach a balanced conclusion about China’s development.
  • Between 1950 and 2016, despite its modest level of development and living standard, China provided more than 400 billion yuan of foreign assistance, undertook over 5,000 foreign assistance projects, including nearly 3,000 complete projects, and held over 11,000 training workshops in China for over 260,000 personnel from other developing countries. Since it launched reform and opening-up, China has attracted over $1.7 trillion of foreign investment and made over $1.2 trillion of direct outbound investment, making huge contribution to global economic development. In the years following the outbreak of the international financial crisis, China contributed to over 30 percent of global growth every year on average. All these figures are among the highest in the world. The figures speak for themselves. China’s development is an opportunity for the world; China has not only benefited from economic globalization but also contributed to it. Rapid growth in China has been a sustained, powerful engine for global economic stability and expansion. The inter-connected development of China and a large number of other countries has made the world economy more balanced. China’s remarkable achievement in poverty reduction has contributed to more inclusive global growth. And China’s continuous progress in reform and opening-up has lent much momentum to an open world economy.
  • Fourth, we should develop a balanced, equitable and inclusive development model. As the Chinese saying goes, “A just cause should be pursued for common good.”Development is ultimately for the people. To achieve more balanced development and ensure that the people have equal access to opportunities and share in the benefits of development, it is crucial to have a sound development philosophy and model and make development equitable, effective and balanced.
  • — China will foster an enabling and orderly environment for investment. We will expand market access for foreign investors, build high-standard pilot free trade zones, strengthen protection of property rights, and level the playing field to make China’s market more transparent and better regulated. In the coming five years, China is expected to import $8 trillion of goods, attract $600 billion of foreign investment and make $750 billion of outbound investment. Chinese tourists will make 700 million overseas visits. All this will create a bigger market, more capital, more products and more business opportunities for other countries. China’s development will continue to offer opportunities to business communities in other countries. China will keep its door wide open and not close it. An open door allows both other countries to access the Chinese market and China itself to integrate with the world. And we hope that other countries will also keep their door open to Chinese investors and keep the playing field level for us.
  • — China will vigorously foster an external environment of opening-up for common development. We will advance the building of the Free Trade Area of the Asia Pacific and negotiations of the Regional Comprehensive Economic Partnership to form a global network of free trade arrangements. China stands for concluding open, transparent and win-win regional free trade arrangements and opposes forming exclusive groups that are fragmented in nature. China has no intention to boost its trade competitiveness by devaluing the RMB, still less will it launch a currency war. Over three years ago, I put forward the “Belt and Road” initiative. Since then, over 100 countries and international organizations have given warm responses and support to the initiative. More than 40 countries and international organizations have signed cooperation agreements with China, and our circle of friends along the “Belt and Road” is growing bigger. Chinese companies have made over $50 billion of investment and launched a number of major projects in the countries along the routes, spurring the economic development of these countries and creating many local jobs. The “Belt and Road” initiative originated in China, but it has delivered benefits well beyond its borders.
  • Ladies and Gentlemen,Dear Friends, World history shows that the road of human civilization has never been a smooth one, and that mankind has made progress by surmounting difficulties. No difficulty, however daunting, will stop mankind from advancing. When encountering difficulties, we should not complain about ourselves, blame others, lose confidence or run away from responsibilities. We should join hands and rise to the challenge. History is created by the brave. Let us boost confidence, take actions and march arm-in-arm toward a bright future.
  •  
    Very important speech. A must-read (I snipped only portions).
Paul Merrell

Trump's freeze on immigrants and refugees plays into the hands of Islamic terror recrui... - 0 views

  • resident Trump is expected to sign orders Friday to temporarily freeze immigration from seven Muslim nations and halt refugee resettlements from everywhere — a classic example of a solution in search of problem, and just the kind of symbolic act that gives weight to radical Islamists when they argue that the U.S. is an enemy of their faith. Trump’s campaign for president was built on a foundation of fear and resentment, and that dark cloud hangs over these putative attempts to bolster national security. Based on a draft version of the executive order, it seems that Trump will impose a 30-day suspension of visas for people from seven predominately Muslim countries — Iran, Iraq, Libya, Somalia, Sudan, Syria and Yemen — while the government reviews and presumably tightens its visa-vetting protocols. He also will direct security officials to determine within 30 days what information they need to evaluate potential visitors, and list the countries around the world that don’t provide it. Countries that don’t correct the error of their ways within 60 days of that report — including the seven affected by the ban — will have their citizens barred until they comply. Worse, Trump apparently plans to suspend U.S. acceptance of all refugees — people fleeing war or oppression for whom returning home is not an option — for 120 days as the government reviews and revises its screening procedures, and he is expected to slash the number of refugees the U.S. would accept through October 2017 from 110,000 (set by President Obama last September) to 50,000. Trump also will prioritize the resettlement of refugees seeking asylum on grounds of religious persecution, officially valuing people oppressed because of their religion over those targeted for political dissent, sexual orientation or other reasons. 
  • And Trump wants plans drawn for “safe areas” for Syrians within Syria or nearby nations, which could help the administration at a later point if it wants to institute a longer-term ban on Syrian refugees. But the draft order offers no details on how the safe zones would be secured, or the legal basis for the U.S. establishing control of territory in a sovereign (if war-torn) state.  Such efforts to restrict access to the U.S. by people fleeing war-torn parts of the world would be misguided and inhumane. The Migration Policy Institute, a nonpartisan think tank, reported in 2015 that in the 14 years after the 9/11 terror attacks, 784,000 refugees resettled in the U.S. Yet during that time only three resettled refugees were convicted on terror-related charges — two of them for plotting against an overseas target and the third for hatching “plans that were barely credible,” according to the report. The vast majority of refugees allowed into the U.S. are first vetted by the United Nations High Commissioner for Refugees, whose screeners then recommend placements in third countries. When the U.S. gets a referral, it conducts its own security screening before offering resettlement, a process that routinely takes one to two years.
  • What’s more, a study by the New America Foundation shows that 80% of the terrorist attacks in this country since 9/11 have been carried out by American citizens (although some of those perpetrators were naturalized citizens). It is not surprising that some Americans are worried by the hostility directed at them from a small, radicalized segment of the Islamic world. But such fears should not be channeled into a broad, discriminatory retrenchment that is at odds with the best of our humanitarian principles — especially if that retrenchment would likely do little to protect us. The U.S. became a wealthy world power in large part through immigration. And it’s openness has provided a lifeline to the oppressed of the world — the U.S. has formally resettled more refugees than any other country (though at the moment it is not bearing its fair share of the burden of resettling the tens of millions of migrants currently fleeing war zones). Trump’s actions are not only inhumane, they are a betrayal of what the United States stands for. 
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    • Paul Merrell
       
      They forgot to work in that: [i] the U.S. is required by international law to accept refugees; [ii] the list of nations singled out for complete bans on acceptance of refugees is the same list of nations that the U.S. has inflicted its wars on, in other words, people of those nations are refugees precisely because of our nation's invasions of their countries. We broke it, we should fix it.
Gary Edwards

An interview with Lt. Gen. Ion Pacepa, the highest ranking Soviet bloc intel officer to... - 0 views

  • In a gripping interview with Blaze Books in connection with his most-recent title, “Disinformation“, the highest-ranking Soviet bloc intelligence officer to ever defect, Lt. Gen. Ion Pacepa provided his insights on a wide array of topics, from Putin’s Russia to the disinformation campaign to rebrand Pope Pius XII to “Hitler’s Pope” to the links between Leftism and anti-Semitism to the Boston bombing, and all things in-between.
  • Playing devil’s advocate here, some might argue that since the Soviet Union was defeated, Americans shouldn’t care about a book on Soviet disinformation tactics. What would you say to these people? Pacepa: The very idea that the Soviet Union was defeated is disinformation in itself. The Soviet Union changed its name and dropped its façade of Marxism, but it remained the same samoderzhaviye, the historical Russian form of autocracy in which a tsar is running the country with the help of his political police. During the Soviet Union, the KGB was a state within the state. Now the KGB is the state. Over 6,000 former KGB officers are running Russia’s federal and local governments. The Soviet Union had one KGB officer for every 428 citizens. In 2004, Russia had one FSB officer for every 297 citizens.
  • How would you describe today’s Russia? Russia today is the first intelligence dictatorship in history. It is a brand new form of totalitarianism, which we are not yet familiar with. Now the KGB, rechristened FSB, is openly running Russia. On Sept. 11, 2002, hordes of former KGB officers gathered in Moscow at the Lubyanka—the headquarters of the old and new KGB. They had not congregated to sympathize with America’s national tragedy of the previous year, but to celebrate the 125th birthday of Feliks Dzerzhinsky—the man who created the most criminal institution in contemporary history. One of my former bosses, KGB chairman Vladimir Semichastny, groused to a crowd: “I think a goal was set to destroy the KGB, to make it toothless.”[1] A few days later, Moscow’s mayor, Yury Lushkov, one of Russia’s most influential politicians, reversed himself by saying he now wanted to restore Dzerzhinsky’s statue to its place on Lubyanka Square. It will not be easy to break Russia’s five-century-old tradition of being a police state. Nevertheless, man would not have learned to walk on the moon had he not first studied what the moon was really made of and where it lay in the universe. This is one reason we wrote “Disinformation.” Let’s hope a new generation of Russians will learn the truth, and will give that immense country a new national identity.
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  • Pacepa: That Marxism and its earthly Socialism are immense disinformation operations, and that all they have left behind is former Marxist countries that ended up looking like trailer camps hit by a hurricane, and leaders roasting in Dante’s Inferno. That all Marxists who have ever risen to lead a country have ended up in hell—all, from Trotsky to Stalin, Tito to Enver Hoxha to Mátyás Rakosi, Sékou Touré, Nyeree and Hugo Chavez. That all had their days of temporary glory, but that all ended in eternal disgrace. Some, like Khrushchev and Ceausescu, were even found unworthy of having their final resting place marked by any gravestone. A few remnants, like Fidel and Raul Castro, are still hanging on, but they certainly have a place in hell reserved and waiting for them. Perhaps our book may also help President Obama abandon his craving for Marx’s utopian ideology, “to each according to his need,” which is transforming the United States into a decaying socialist country in all but name.
Paul Merrell

Feds move to keep National Security Agency call data indefinitely - POLITICO.com - 0 views

  • Citing the need to preserve evidence related to pending lawsuits, the Obama administration is asking for permission to keep data on billions of U.S. phone calls indefinitely instead of destroying it after five years. In a motion filed Tuesday with the Foreign Intelligence Surveillance Court, the Justice Department says the series of lawsuits over the program — including one filed by Sen. Rand Paul (R-Ky.) — create a duty for the government to hang on to the so-called metadata currently in the National Security Agency’s computer systems. “Based upon the issues raised by Plaintiffs in the … lawsuits and the Government’s potential defenses to those claims, the United States must ensure that all potentially relevant evidence is retained which includes the [business record] metadata obtained in bulk from certain telecommunications service providers pursuant to this Court’s production orders,” Justice Department lawyers write in a motion (posted here).
  • The motion was released Wednesday on the court’s public web page. There was no immediate indication of a ruling from the surveillance court. The NSA’s call metadata program is aimed at detecting terrorist plots affecting the U.S., but evidence of the effort’s success is murky. President Barack Obama has proposed ending the NSA’s collection of the data. Officials are considering storing it with the telephone companies themselves, creating a new entity to hold it, or reconstructing the program in some other way. The Wall Street Journal reported last week that U.S. officials were considering making the request submitted on Tuesday.
Paul Merrell

Chris Hedges: Overthrow the Speculators - Chris Hedges - Truthdig - 0 views

  • Speculators at megabanks or investment firms such as Goldman Sachs are not, in a strict sense, capitalists. They do not make money from the means of production. Rather, they ignore or rewrite the law—ostensibly put in place to protect the vulnerable from the powerful—to steal from everyone, including their shareholders. They are parasites. They feed off the carcass of industrial capitalism. They produce nothing. They make nothing. They just manipulate money. Speculation in the 17th century was a crime. Speculators were hanged. We can wrest back control of our economy, and finally our political system, from corporate speculators only by building local movements that decentralize economic power through the creation of hundreds of publicly owned state, county and city banks.
  • The establishment of city, regional and state banks, such as the state public bank in North Dakota, permits localities to invest money in community projects rather than hand it to speculators. It keeps property and sales taxes, along with payrolls for public employees and pension funds, from lining the pockets of speculators such as Jamie Dimon and Lloyd Blankfein. Money, instead of engorging the bank accounts of the few, is leveraged to fund schools, restore infrastructure, sustain systems of mass transit and develop energy self-reliance. The Public Banking Institute, founded by Ellen Brown, the author of “Web of Debt: The Shocking Truth About Our Money System and How We Can Break Free,” Marc Armstrong and other grass-roots activists are attempting to build a system of public banks. States such as Vermont and Washington and cities such as Philadelphia, Washington, D.C., San Francisco and Reading, Pa., have begun public banking initiatives. Public banks return economic power, and by extension political power, to the citizens. And because they are local they are possible. These and other grass-roots revolts, including sustainable agriculture, will be the brush fires that will, if they succeed, ignite the overthrow of the corporate state.
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