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Paul Merrell

The new European 'arc of instability' - RT Op-Edge - 0 views

  • The European Council on Foreign Relations and Berlin think-tank Friedrich Ebert Stiftung have just reached more or less the same conclusion. If the dangerous stand-off between the EU and Russia over Ukraine is not solved, the EU could face, up to 2030, a military build-up in eastern Europe; a new arms race with NATO as a protagonist; and a semi-permanent “zone of instability” from the Baltic to the Balkans and the Black Sea. What these two think-tanks don’t – and won’t – ever acknowledge is that a new European “arc of instability” – from the Baltic to the Black Sea, as myself and other independent analysts have stressed – is exactly what the Empire of Chaos and its weaponized arm – NATO – are working on to prevent closer Eurasia integration. By the way, the Pentagon excels in fabricating “arcs of instability.” The previous one was – and remains – massive, stretching from the Maghreb to Xinjiang in western China across the Middle East and Central Asia.
  • Moscow has totally identified the plot; Foreign Minister Sergey Lavrov, once again, has made it crystal clear, in detail. And crucially, some influential sectors in Germany also did, as in members of the cultural elite destroying the notion of a new war in Europe: “Not in our name.” The same applies to those that always preach more transatlantic cooperation, extol the US’s “defining” role in Germany, and effusively praise Germany as the most American country in Europe; that’s the case of the Frankfurter Allgemeine newspaper – which stands for the core of the political and economic establishment in Germany. It’s still in an embryonic stage, and has not yet made Chancellor Angela Merkel see the light; but a reverse reengineering of Atlanticist relations is already in progress in Germany.
  • Meanwhile, the proverbial group of extremist US senators, plus the notorious poodles/vassals of Britain and Poland, haven’t stopped lobbying to shut Russia off from SWIFT – just as they did with Iran. This would be nothing but yet another declaration of (economic) war – or the economic counterpoint to NATO hysteria. In fairness, a great deal of the EU – especially Germany – knows this is madness. Germany’s top financial paper Handelsblatt recently published a key interview with head of VTB-Bank Andrei Kostin, which has still not been translated into any major English-language paper.
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  • Kostin went straight to the point: “Of course, there is a plan B [in the case of Russia being shut off from the SWIFT bank system], but in my personal opinion it would mean war – if this type of sanction will be introduced. America and Europe did that against Iran but with Iran at that time there were no diplomatic relations, only military containment...if Russian banks’ access to SWIFT will be prohibited, the US ambassador to Moscow should leave the same day. Diplomatic relations must be finished. Banking is the most vulnerable part of the Russian economy because the system is based so strongly on the dollar and the euro.” Next May, Russia’s Central Bank is planning to introduce an analogue to SWIFT – after key consultations with China. It’s always important to keep in mind that China set up a parallel SWIFT to do business with Iran under sanctions. But still there will be a window of four months for a lot of nasty things to happen after a Republican-controlled US Senate is empowered in January.
  • And then there’s the golden rule. Why is Russia buying so much gold? With the US dollar forced upward and gold downward, it makes total business sense to sell gas for inflated dollars and then buy cheap depressed gold; that’s what the Chinese call a “win-win.” And of course on both counts, the West loses. The Washington/Wall Street elites are fully aware that both Moscow and Beijing won’t accumulate US dollars anymore. As for the Masters of the Universe plutocrats who manipulate/control the value of the US dollar, a case can be made that one of their purposes is wrecking the US’s industrial base and the nation’s middle classes. Moscow, meanwhile, has adjusted to the new “instability.” The weak ruble has a positive effect – already stressed by President Putin – by forcing Russia to diversify its manufacturing and become more self-sufficient.
  • Of course, the problem remains for Russia to pay the foreign interest on its debt in US dollars. Moscow could always declare a moratorium in debt repayments. The ruble might go down even more. But as everyone from Lukoil to Rosneft converts more US dollars into rubles, that will drive the ruble back up. Not to mention that the ruble is shorted as it stands. The bottom line is that Moscow has learned yet another lesson for the immediate future: never become indebted to the West. What’s certain is that the Empire of Chaos won’t relent in its strategy of heating up the new arc of instability – inside Europe, across the economic/financial spectrum – and instrumentalizing its pre-fabricated New Iron Curtain from the Baltic to the Black Sea. The Kremlin seems to know exactly how high the stakes are. As The Saker told me in an email, “Putin is telling both the West and the Russian people that there is a long war in progress and that the Russian people have to morally be prepared to accept sacrifices for the survival of Russia. This is one more step in the 'coming-out' of what I call the ‘Eurasian Sovereignists’ in which the US [has] now openly declared as a Russophobic (Russia-hating and Russia-fearing) enemy, and the Europeans as a powerless colony. Military power is not directly a factor in this, the internal power balance between the pro-Western ‘Atlantic Integrationists’ and the ‘Eurasian Sovereignists’ is.” It’s all here – from the debacle of a regime (Bretton Woods) to the current, provoked crisis, all brilliantly explained by Mikhail Khazin. Russia is getting ready to rock. Is the West?
Gary Edwards

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

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

Chaos - not Victory - is the Empire's "Name of the Game" | Global Research - Centre for... - 0 views

  • “Once again a country “liberated” by the West is sinking deeper and deeper into chaos.” Global Research.  This could be anyone of the countries in conflict, where Washington and its Western and Middle Eastern stooges sow war – eternal chaos, misery, death – and submission. This is precisely the point: The Washington / NATO strategy is not to ‘win’ a war or conflict, but to create ongoing – endless chaos. That’s the way (i) to control people, nations and their resources; (ii) to assures the west a continuous need for military – troops and equipment – remember more than 50% of the US GDP depends on the military industrial complex, related industries and services; and (iii) finally, a country in disarray or chaos, is broke and needs money – money with hardship conditions, ‘austerity’ money from the notorious IMF, World Bank and other associated nefarious ‘development institutions’ and money lenders; money that equals enslavement, especially with corrupt leaders that do not care for their people.
  • That’s the name of the game – in Yemen, in Ukraine, in Syria, in Iraq, in Sudan, in Central Africa, in Libya…. you name it. Who fights against whom is unimportant. ISIS / ISIL / IS / DAISH / DAESH / Al-Qaeda and whatever other names for the mercenary killer organizations you want to add to the list – are just tags to confuse. You might as well add Blackwater, Xe, Academi and all its other successive names chosen to escape easy recognition. They are prostitutes for the Zionist-Anglo-Saxon Empire, prostitutes of the lowest level. Then come elite prostitutes, like Saudi Arabia, Qatar, Bahrain and other Gulf States, plus the UK and France, of course.
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    More and more writers are beginning to recognize that victory is no longer the goal of U.S. military and foreign policy, that ongoing instability and chaos is. A tip of the hat is due Pepe Escobar, who years ago dubbed the U.S. the "Empire of Chaos." 
Paul Merrell

Press Gaggle by Press Secretary Josh Earnest en route Cleveland, OH, 3/18/15 | The Whit... - 0 views

  • Q    -- talking about the Palestinian state issue over the last couple of days, citing the election.  But now that the election is over and Prime Minister Netanyahu has been reelected, can you talk a little bit about what that means for the U.S. goals in the peace process and the hope for a two-state solution?
  • Q    -- that you guys may no longer favor a two-state solution, or that you may reevaluate sort of your ability to cooperate with Netanyahu?
  • it has long been the policy of the United States and it continues to be the view of the President that a two-state solution is the best way to address those tensions and address that instability.
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  • Q    Netanyahu said that there would not be a Palestinian state for as long as he’s Prime Minister.  So the U.S. position is that you favor a two-state solution.  But he’s saying that he doesn’t want that as long as he’s in office.  So does that mean the Mideast peace process is essentially dormant for the rest of the Obama administration?  MR. EARNEST:  It means for today -- it means that for today that based on Prime Minister Netanyahu’s comments, the United States will reevaluate our position and the path forward in the situation.
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    "And it has long been the policy of the United States and it *continues* to be the view of the President that a two-state solution is the best way to address those tensions and address that instability. ... "[T]he United States will reevaluate our position and the path forward in the situation." Those are the two most substantive sentences in quite a bit of White House Press Secretary blathering about Netanyahu's statement that there will not be a Palestinian State, chucking overboard even Israel's lip service to the 2-state solution. And at that, it doesn't say much to Joe Sixpack. But in diplomat-speak, it signals that even the future of the 2-state solution is up for discussion at the White House.  That signal should be causing heart palpitations in Israeli government and undoubtedly is within Mossad and the Israeli Defense Force. IDF went public over a year ago with its concerns that a severe national security problem was resulting in rapidly worsening isolation of Israel because of the Palestine Question and Palestine Civil Society's call for the Boycott, Divestment, and Sanctions of settlement-produchttps://nsarchive.wordpress.com/2015/03/13/posting-foia-releases-online-saves-agencies-time-and-money/ed goods with a goal of a single-state solution.  Not a word by the White House Press Secretary about what the U.S. will do about Netanyahu's statement that there will be no Palestinian State. That underscores that the Obama Administration was taken by suprise when Netanyahu said it. But it is not a matter that Obama may delay long in announcing a far more substantive position. 
Gary Edwards

"War is a Racket" by General Smedly Butler - 1 views

  • by MAJOR GENERAL SMEDLEY D. BUTLER, USMC - Retired TWO-TIME Congressional Medal of Honor Recipient FULL TEXT ON LINE FREE
  • GET THE NEW PAPERBACK EDITION including two bonus titles.
  •  
    An accidental find, the full text online of USMC Maj. Gen. Smedley Butler's 1935 book, War Is a Racket. Butler served in the Marine Corps from 1899 to 1931 and at the time of his retirement was the most-decorated Marine in history, for both valor and accomplishments. Following his retirement, he became a vehement anti-war activist and public speaker.  This book is easily his most-cited and most-quoted published work. You can capture the flavor from an article he published in a magazine that included the following lines: "I spent 33 years and four months in active military service and during that period I spent most of my time as a high class muscle man for Big Business, for Wall Street and the bankers. In short, I was a racketeer, a gangster for capitalism. I helped make Mexico and especially Tampico safe for American oil interests in 1914. I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in. I helped in the raping of half a dozen Central American republics for the benefit of Wall Street. I helped purify Nicaragua for the International Banking House of Brown Brothers in 1902-1912. I brought light to the Dominican Republic for the American sugar interests in 1916. I helped make Honduras right for the American fruit companies in 1903. In China in 1927 I helped see to it that Standard Oil went on its way unmolested. Looking back on it, I might have given Al Capone a few hints. The best he could do was to operate his racket in three districts. I operated on three continents." http://en.wikipedia.org/wiki/Smedley_Butler#Lectures  I look forward to reading this book. The book was reprinted in 2003 and is available from the linked web site, together with two bonus titles. 
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    "WAR IS A RACKET" - free online book CHAPTER ONE WAR is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives. A racket is best described, I believe, as something that is not what it seems to the majority of the people. Only a small "inside" group knows what it is about. It is conducted for the benefit of the very few, at the expense of the very many. Out of war a few people make huge fortunes. In the World War [I] a mere handful garnered the profits of the conflict. At least 21,000 new millionaires and billionaires were made in the United States during the World War. That many admitted their huge blood gains in their income tax returns. How many other war millionaires falsified their tax returns no one knows. How many of these war millionaires shouldered a rifle? How many of them dug a trench? How many of them knew what it meant to go hungry in a rat-infested dug-out? How many of them spent sleepless, frightened nights, ducking shells and shrapnel and machine gun bullets? How many of them parried a bayonet thrust of an enemy? How many of them were wounded or killed in battle? Out of war nations acquire additional territory, if they are victorious. They just take it. This newly acquired territory promptly is exploited by the few - the selfsame few who wrung dollars out of blood in the war. The general public shoulders the bill. And what is this bill? This bill renders a horrible accounting. Newly placed gravestones. Mangled bodies. Shattered minds. Broken hearts and homes. Economic instability. Depression and all its attendant miseries. Back-breaking taxation for generations and generations. For a great many years, as a soldier, I had a suspicion that war was a racket; not until I retired to civil life did I fully realize it. Now that I see the international war clouds g
Gary Edwards

Signs That China Is Making A Move Against The U.S. Dollar - America Conservative 2 Cons... - 0 views

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    Two articles about China taking over America appeared today on the American Conservative web site. Incredible stuff. The first deals with the dollar, and how China plans on replacing it. The second article is focused on the Chinese take over of businesss and American assets, including American land. At the heart of both articles is the problem of out of control US DEBT tha tis destroying this country. Intro: "On the global financial stage, China is playing chess while the U.S. is playing checkers, and the Chinese are now accelerating their long-term plan to dethrone the U.S. dollar.  You see, the truth is that China does not plan to allow the U.S. financial system to dominate the world indefinitely.  Right now, China is the number one exporter on the globe and China will have the largest economy on the planet at some point in the coming years.  The Chinese would like to see global currency usage reflect this shift in global economic power.  At the moment, most global trade is conducted in U.S. dollars and more than 60 percent of all global foreign exchange reserves are held in U.S. dollars.  This gives the United States an enormous built-in advantage, but thanks to decades of incredibly bad decisions this advantage is starting to erode.  And due to the recent political instability in Washington D.C., the Chinese sense vulnerability.  China has begun to publicly mock the level of U.S. debt, Chinese officials have publicly threatened to stop buying any more U.S. debt, the Chinese have started to aggressively make currency swap agreements with other major global powers, and China has been accumulating unprecedented amounts of gold.  All of these moves are setting up the moment in the future when China will completely pull the rug out from under the U.S. dollar. Today, the U.S. financial system is the core of the global financial system.  Because nearly everybody uses the U.S. dollar to buy oil and to trade with one another, this cre
Gary Edwards

Gold vs. The Fed: The Record Is Clear - WSJ.com by Charles W. Kadlec - 0 views

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    Economists and pundits may disagree on why the gold standard delivered such superior results compared to the recurrent crises, instability and overall inferior economic performance delivered by the current system. But the data are clear: A gold-based system delivers higher employment and more price stability. The time has come to begin the serious work of building a 21st-century gold standard for the benefit of American workers, investors and businesses.
Gary Edwards

AEI - The Error at the Heart of the Dodd-Frank Act - 0 views

  • The underlying assumption of the Dodd-Frank Act (DFA) is that the 2008 financial crisis was caused by the disorderly bankruptcy of Lehman Brothers.
  • This is evident in the statements of officials and the principal elements of the act, which would tighten the regulation of large financial institutions to prevent their failing, and establish an "orderly resolution" system outside of bankruptcy if they do.
  • The financial crisis, however, was caused by the mortgage meltdown, a sudden and sharp decline in housing and mortgage values as a massive housing bubble collapsed in 2007. This scenario is known to scholars as a "common shock"—a sudden decline in the
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  • 27 million loans—were subprime or otherwise weak and risky loans.
  • The reason for this was the US government's housing policy, which—in the early 1990s—began to require that government agencies and others regulated or controlled by government reduce their mortgage underwriting standards so borrowers who had not previously had access to mortgage credit would be able to buy homes. The government-sponsored enterprises Fannie Mae and Freddie Mac, the Federal Housing Administration, and banks and savings and loan associations (S&Ls) subject to the Community Reinvestment Act were all required to increase their acquisition of loans to homebuyers at or below the median income in their communities. Often, government policies required Fannie, Freddie, and the others to acquire loans to borrowers at or below 80 percent, and in some cases 60 percent, of median income.
  • Sometimes it is argued that the Troubled Asset Relief Program (TARP) prevented more failures. That seems highly unlikely. The first funds were made available under TARP on October 28, 2008, about six weeks after the panic following Lehman's failure. By that time, any firm that had been mortally wounded by Lehman's collapse would have collapsed itself. Moreover, most of the TARP funds were quickly repaid by the largest institutions, and many of the smaller ones, only eight months later, in mid-June 2009. This is strong ¬evidence that the funds were not needed to cover losses coming from the Lehman bankruptcy. If there were such losses, they would still have been embedded in the balance sheets of those institutions. If the funds were needed at all—and many of the institutions took them reluctantly and under government pressure—it was to restore investor confidence that the recipients were not so badly affected by the common shock of the decline in housing and mortgage values that they could not fund orderly withdrawals, if necessary. However, even if we assume that TARP funds prevented the failure of some large financial institutions, it seems clear that the underlying cause of each firm's weakness was the decline in the value of its MBS holdings, and not any losses suffered as a result of Lehman's bankruptcy.
  • This analysis leads to the following conclusion. Without a common shock, the failure of a single Lehman-like firm is highly unlikely to cause a financial crisis. This conclusion is buttressed by the fact that in 1990 the securities firm Drexel Burnham Lambert—then, like Lehman, the fourth largest securities firm in the United States—was allowed to declare bankruptcy without any adverse consequences for the market in general. At the time, other financial institutions were generally healthy, and Drexel was not brought down by the failure of a widely held class of assets. On the other hand, in the presence of a common shock, the orderly resolution of one or a few Lehman-like financial institutions will not prevent a financial crisis precipitated by a severe common shock.
  • In effect, by giving the government the power to resolve any financial firm it believes to be failing, the act has added a whole new policy objective for the resolution of failing firms. Before Dodd-Frank, insolvency law embodied two basic policies—retain the going concern value of the firm and provide a mechanism by which creditors could realize on the assets of an insolvent firm that cannot be saved.
  • DFA will have important adverse effects on ¬insolvency law.
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    The underlying assumption of the Dodd-Frank Act (DFA) is that the 2008 financial crisis was caused by the disorderly bankruptcy of Lehman Brothers. This is evident in the statements of officials and the principal elements of the act, which would tighten the regulation of large financial institutions to prevent their failing, and establish an "orderly resolution" system outside of bankruptcy if they do. The financial crisis, however, was caused by the mortgage meltdown, a sudden and sharp decline in housing and mortgage values as a massive housing bubble collapsed in 2007. This scenario is known to scholars as a "common shock"-a sudden decline in the value of a widely held asset-which causes instability or insolvency among many financial institutions. In this light, the principal elements of Dodd-Frank turn out to be useless as a defense against a future crisis. Lehman's bankruptcy shows that in the absence of a common shock that weakens all or most financial institutions, the bankruptcy of one or a few firms would not cause a crisis; on the other hand, given a similarly severe common shock in the future, subjecting a few financial institutions to the act's orderly resolution process will not prevent a crisis. Apart from its likely ineffectiveness, moreover, the orderly resolution process in the act impairs the current insolvency system and will raise the cost of credit for all financial institutions. 
Paul Merrell

Former Vice President Dick Cheney Says CIA Torture Report Is 'Full of Crap' - ABC News - 0 views

  • "I think it is a terrible report, deeply flawed," Cheney said on Fox News, his first televised interview since the report's release. "It's a classic example of where politicians get together and throw professionals under the bus." Cheney said he had not read the entire 6,000-page classified document, drafted by Democrats and their staffs on the Senate Intelligence Committee, or the 500-page declassified and redacted executive summary. But he unequivocally said its findings were flawed and an affront to members of the CIA.
  • “The notion that the agency was operating on a rogue basis was just a flat out lie," Cheney said. He insisted the so-called enhanced interrogation techniques were all legally justified and inconsistent with "torture," though he conceded that the practice of "rectal rehydration" mentioned in the report, "was not one of the authorized or approved techniques." Cheney said he also rejects the allegation that his boss, President George W. Bush, was kept in the dark. “He was in fact an integral part of the program. He had to approve it before we moved forward with it,“ Cheney said. “He knew everything he needed to know and wanted to know about the program."
  • While the brutal and graphic descriptions of the techniques have dominated headlines and been labeled "torture" by President Obama, Cheney says critics have lost sight of the context. The former vice president said he's particularly bothered by criticism over the treatment of Khalid Sheilk Mohammad, the alleged mastermind of 9/11. “He is in our possession, we know he’s the architect [of the attacks], what are we supposed to do? Kiss him on both cheeks?“ Cheney said. “How nice do you want to be to the murderers of 3,000 people on 9/11?” Asked whether the ends justify the means when it comes to brutal interrogations, Cheney said, "absolutely.” “I’d do it again in a minute,” he said.
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    A bunch of statements that Cheney and George W. Bush will regret if they are ever brought before a tribunal for their war crimes.  Convention against Torture and Other Cruel, Inhuman or Degrading Treatment or Punishment, Article 2: "2. No exceptional circumstances whatsoever, whether a state of war or a threat of war, internal political instability or any other public emergency, may be invoked as a justification of torture. "3. An order from a superior officer or a public authority may not be invoked as a justification of torture." Article 4: "1. Each State Party shall ensure that all acts of torture are offences under its criminal law. The same shall apply to an attempt to commit torture and to an act by any person which constitutes complicity or participation in torture. 2. Each State Party shall make these offences punishable by appropriate penalties which take into account their grave nature." Article 6: "1. Upon being satisfied, after an examination of information available to it, that the circumstances so warrant, any State Party in whose territory a person alleged to have committed any offence referred to in article 4 is present shall take him into custody or take other legal measures to ensure his presence. The custody and other legal measures shall be as provided in the law of that State but may be continued only for such time as is necessary to enable any criminal or extradition proceedings to be instituted." Or in other words, every defense being raised to excuse the CIA torture is foreclosed by a treaty that through the Constitution's Treaty Clause is "the law of this land." The Obama Administration is legally compelled to prosecute.
Paul Merrell

'Comprehensive' CIA Torture Report Won't Even Name Well-Known Architects of Torture Pro... - 0 views

  • Some familiar names will be missing from the Senate Intelligence Committee's long-awaited report on the CIA's torture program, VICE News has learned.Notably, two retired Air Force psychologists, Dr. Bruce Jessen and Dr. James Mitchell, who have been credited with being the architects of the CIA's so-called "enhanced interrogation techniques," have their names redacted in the 480-page executive summary of the report, according to current and former US officials knowledgeable about the contents of the document.
  • Feinstein's concerns about the redactions led Senator Carl Levin to issue a statement condemning the blacked-out passages, in which he noted that much of the redacted information had already been disclosed in a previous report about the treatment of detainees in custody of the US military. That report was released in 2009 by the Senate Armed Services Committee, of which he is chairman.Specifically, Levin is referring to a section that addresses the CIA's interrogation of Abu Zubaydah, whose interrogation and torture also factors prominently in the Senate Intelligence Committee's executive summary, portions of which have been redacted, officials familiar with the document told VICE News.
  • The CIA has argued that the Intelligence Committee's use of pseudonyms in its executive summary does not provide the officers who were involved in the program with enough cover. People familiar with the document also said it leaves an impression that the agency gave the committee its blessing to partially identify its officers.Officials say the agency is concerned that journalists and human rights researchers will be able to unmask the officers, whose identities, in some cases, are still classified, based on the way the pseudonyms are used and the fact that some information about the individuals has already appeared in previously published reports.The report currently says individual CIA officers and contractors, identified by pseudonyms, were present in unnamed European countries with named CIA captives during particular years. In some cases, those officers are identified with the same pseudonyms in other parts of the report as having been promoted to leadership positions in the CIA, which also makes it easier to identify them.
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  • One version of the Senate Intelligence Committee's executive summary had apparently identified Mitchell and Jessen by name, and a copy of the panel's findings and conclusions obtained by McClatchy Newspapers included a bullet point that said: "Two contract psychologists devised the CIA's enhanced interrogation techniques and were central figures in the program's operation."But, according to current and former intelligence officials and committee staffers knowledgeable about the report, the CIA has insisted that the executive summary exclude any reference to Mitchell and Jessen by name, despite the fact that their roles in the program have been widely reported. The issue is part of a larger battle that has surfaced in recent weeks between the CIA and the Senate Intelligence Committee over the intelligence community's redactions in the executive summary that the committee's chairwoman, Senator Dianne Feinstein, said were excessive.
  • The names of countries where the CIA set up so-called black site prisons have also been redacted."Exposing details of past intelligence cooperation with specific foreign governments could jeopardize current relationships with those governments, cause domestic political upheaval in those countries, and undermine the willingness of foreign intelligence services to work with America in the future," the person familiar with the administration's redactions said.
  • The CIA, which has responded to the Senate's report with a 122-page rebuttal, does not wholly disagree with the Intelligence Committee's findings. But there are vehement disagreements the CIA has with the committee over certain assertions the panel has made involving 10 detainees. The rebuttal includes a list of recommendations the agency intends to implement. The CIA response does not defend the use of torture techniques and it adds that there were instances when the value of intelligence was inflated.With that said, several committee staffers say that the CIA's response asserts that all of the intelligence obtained from detainees was valuable and saved lives. It also says there is no way to determine whether interrogators would have been able to obtain intelligence if the detainee were not tortured.
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    Let's keep in mind that the CIA agents' names that CIA wants to keep concealed are required to be arrested and prosecuted as war criminals by a treaty the U.S. is party to, the Convention against Torture and Other Cruel, Inhuman or Degrading Treatment or Punishment. E.g., in Article 6: " Upon being satisfied, after an examination of information available to it, that the circumstances so warrant, any State Party in whose territory a person alleged to have committed any offence referred to in article 4 is present shall take him into custody or take other legal measures to ensure his presence. The custody and other legal measures shall be as provided in the law of that State but may be continued only for such time as is necessary to enable any criminal or extradition proceedings to be instituted." But here we are presented with the CIA attempting to conceal the identities of its officials who committed torture and to retain them as active agents, rather than assisting in their arrest and prosecution. From the same treaty's Article 2: "1. Each State Party shall take effective legislative, administrative, judicial or other measures to prevent acts of torture in any territory under its jurisdiction. "2. No exceptional circumstances whatsoever, whether a state of war or a threat of war, internal political instability or any other public emergency, may be invoked as a justification of torture. "3. An order from a superior officer or a public authority may not be invoked as a justification of torture."  
Paul Merrell

Top Obama official blasts Israel for denying Palestinians sovereignty, security, dignit... - 0 views

  • ‘How can Israel have peace if it’s unwilling to delineate a border, end the occupation?’ asks White House Mideast chief, Phillip Gordon, in blistering Tel Aviv speech
  • srael’s ongoing occupation of the West Bank is wrong and leads to regional instability and dehumanization of Palestinians, a top American government official said Tuesday in Tel Aviv, hinting that the current Israeli government is not committed to peace.
  • In an unusually harsh major foreign policy address, Philip Gordon, a special assistant to US President Barack Obama and the White House coordinator for the Middle East, appealed to Israeli and Palestinian leaders to make the compromises needed to reach a permanent peace agreement. Jerusalem “should not take for granted the opportunity to negotiate” such a treaty with Palestinian Authority President Mahmoud Abbas, who has proven to be a reliable partner, Gordon said. “Israel confronts an undeniable reality: It cannot maintain military control of another people indefinitely. Doing so is not only wrong but a recipe for resentment and recurring instability,” Gordon said. “It will embolden extremists on both sides, tear at Israel’s democratic fabric and feed mutual dehumanization.”
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  • Delivering the keynote address at the Haaretz newspaper’s Israel Conference on Peace, Gordon reiterated Obama’s position that a final-status agreement should be based on the 1967 lines with mutually agreed land swaps.
Paul Merrell

'Realists' Warn Against Ukraine Escalation | Consortiumnews - 0 views

  • The neocons’ war-and-more-war bandwagon is loaded up again and rolling downhill as “everyone who matters” in Washington is talking up sending sophisticated weapons to Kiev to escalate Ukraine’s civil war, but some “realists,” an endangered species in U.S. foreign policy, dissent, notes Robert Parry.
  • In Foreign Policy, Wald notes that despite the emerging consensus to ship arms to Ukraine, “few experts think this bankrupt and divided country is a vital strategic interest and no one is talking about sending U.S. troops to fight on Kiev’s behalf. So the question is: does sending Ukraine a bunch of advanced weaponry make sense? The answer is no.”
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    While I have a lot of respect for Mearsheimer and Wald, they have completely missed why the U.S. is involved in the Ukraine. The U.S. has done its level best to create an arc of instability from Russia south to the Mediterranean and Suez Canal in order to protect the petrodollar from merger of the European and Asian markets. It's about pipelines and railroads both existing and to be built in the future. It's about getting in the way of China's rising economy. It's about combating de-dollarization. It makes sense to Western banksters, in a "prolong the decline of the American Empire as long as possible" way.  
Paul Merrell

Iran's Foreign Minister Proposes a Path to Peace in the Middle East - 0 views

  • In an article published by the Financial Times on Monday, Iran’s Foreign Minister Mohammad Javad Zarif laid out the country’s proposed framework for bringing stability to the Middle East region. “ISIS displayed the darkest depths of human evil,” Zarif wrote. Yet it also provided an opportunity to come together to battle an existential threat. The cooperative relationships forged in this fight can usher in a new era. We need new approaches and new terminology to make sense of a world which is transitioning to a post-western global order. Here are two concepts to shape the emerging paradigm in west Asia: the idea of a strong region, and security networking, whereby small and large countries — even those with historical rivalries — contribute to stability.” It appears that Iran’s significant contribution to ISIS’ defeat and demise — coupled with its new injection as a major player to be reckoned with in the Middle East — has given the country newfound confidence. Iran is using its battlefield success to propose a new vision for the Middle East — one that would allegedly include open dialogue and cooperation. Zarif continues: The objective of a strong region — as opposed to a quest for hegemony and the exclusion of other actors — is rooted in recognizing the need to respect the interest of all stakeholders. Any domineering effort by one country is not only inappropriate but essentially impossible: those who insist on following that path create instability. The arms race in our region is an instance of this kind of destructive rivalry: siphoning vital resources into the coffers of arms manufacturers has contributed nothing to achieving peace and security. Militarism has only served to fuel disastrous adventurism.” [emphasis added]
  • Most of the usual modes of forming alliances have also become obsolete. Given our interconnected world, the idea of collective security is now defunct, especially in the Persian Gulf, for one basic reason: it assumes commonality of interests. Security networking is Iran’s innovation to address issues that range from divergence of interests to power and size disparities. Its parameters are simple but effective: rather than trying to ignore conflicts of interests, it accepts differences. Equally, being premised on inclusivity, it acts as a firewall against the emergence of an oligarchy among big states and allows smaller states to participate. The rules of this new order are straightforward: common standards, most significantly the purposes and principles of the UN Charter, such as sovereign equality of states; refraining from the threat or use of force; peaceful resolution of conflicts; respect for the territorial integrity of states; non-intervention in the domestic affairs of states; and respect for self-determination within states.” [emphasis added]
  • Zarif suggests that the reason for this instability is rooted in a “dialogue deficit.” Opening up such a dialogue could help countries understand that all nations have “similar concerns, fears, aspirations, and hopes” and that this dialogue should replace the rampant propaganda that has plagued the region. This proposed dialogue would be accompanied by “confidence-building measures: promoting tourism; joint task forces on issues ranging from nuclear safety to pollution to disaster management; joint military visits; pre-notification of military exercises; transparency measures in armament; reducing military expenditures; and all leading eventually to a non-aggression pact,” according to Zarif. In proposing this newfound vision for the Middle East, Zarif is extending an olive branch to the rest of the region, stating that as a first step, “the Islamic Republic proposes establishing a Regional Dialogue Forum in the Persian Gulf. Our longstanding invitation to dialogue remains open, and we look forward to the day our neighbors will accept it, and their allies — in Europe and elsewhere in the west — will encourage it.”
Paul Merrell

The Syria Endgame: Strategic Stage in the Pentagon's Covert War on Iran - 0 views

  • Since the kindling of the conflict inside Syria in 2011, it was recognized, by friend and foe alike, that the events in that country were tied to a game plan that ultimately targets Iran, Syria’s number one ally. [1] De-linking Syria from Iran and unhinging the Resistance Bloc that Damascus and Tehran have formed has been one of the objectives of the foreign-supported anti-government militias inside Syria. Such a schism between Damascus and Tehran would change the Middle East’s strategic balance in favour of the US and Israel. If  this cannot be accomplished, however, then crippling Syria to effectively prevent it from providing Iran any form of diplomatic, political, economic, and military support in the face of common threats has been a primary objective. Preventing any continued cooperation between the two republics has been a strategic goal. This includes preventing the Iran-Iraq-Syria energy terminal from being built and ending the military pact between the two partners.
  • All Options are Aimed at Neutralizing Syria Regime change in Damascus is not the only or main way for the US and its allies to prevent Syria from standing with Iran. Destabilizing Syria and neutralizing it as a failed and divided state is the key. Sectarian fighting is not a haphazard outcome of the instability in Syria, but an assisted project that the US and its allies have steadily fomented with a clear intent to balkanize the Syrian Arab Republic. Regionally, Israel above all other states has a major stake in securing this outcome. The Israelis actually have several publicly available documents, including the Yinon Plan, which outline that the destruction of Syria into a series of smaller sectarian states is one of their strategic objectives. So do American military planners. Like Iraq next door, Syria does not need to be formally divided. For all intents and purposes, the country can be divided like Lebanon was alongside various fiefdoms and stretches of territory controlled by different groups during the Lebanese Civil War. The goal is to disqualify Syria as an external player.
  • The conflict in Syria is not merely an Israeli affair. The slow bleeding of Syria has other interested parties that want to smash the country and its society into pieces. The US is foremost among these interested parties, followed by the Arab dictators of the petro-sheikhdoms. NATO has also always been covertly involved. NATO’s involvement in Syria is part of the US strategy of using the military alliance to dominate the Middle East. This is why it was decided to establish a component of the missile shield in Turkey. This is also the reason that Patriot missiles are being deployed to the Turkish border with Syria. The Istanbul Cooperation Initiative (ICI) and NATO’s Mediterranean Dialogue are components of these plans too. Additionally, Turkey has ended its veto against the further integration of Israel into NATO. [22] NATO has been reorienting itself towards asymmetrical warfare and greater emphasis is now being put on intelligence operations. NATO strategists have increasingly been studying the Kurds, Iraq, Hezbollah, Syria, Iran, and the Palestinians. In the scenario of an all-out war, NATO has been preparing itself for overt military roles in both Syria and Iran.
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  • Although it should be read with caution, it is worth noting the release of the hacked correspondence of Strategic Forecast Incorporated’s Reva Bhalla to her boss, George Friedman, about a December 2011 meeting in the Pentagon between herself (representing Stratfor), US, French, and British officials about Syria. [4] The Stratfor correspondence claimed that the US and its allies had sent in their military special forces to destabilize Syria in 2011 and that there actually were not many Syrian anti-government forces on the ground or, as Bhalla writes, “there isn’t much of a Free Syrian Army to train.”
  • Iraq is being destabilized further too. While Iran’s allies in Damascus have been weighed down, its allies in Baghdad have not. After Syria, the same conglomerate of countries working against Damascus will turn their attention to Iraq. They have already started working to galvanize Iraq further on the basis of its sectarian and political fault lines. Turkey, Qatar, and Saudi Arabia are playing prominent roles in this objective. What is becoming manifest is that the differences between Shiite Muslims and Sunni Muslims that Washington has cultivated since the Anglo-American invasion of Iraq in 2003 are now been augmented by Kurdish sectarianism.
Paul Merrell

U.S. withholds millions pledged to help Syrian opposition | McClatchy - 0 views

  • WASHINGTON — The United States is withholding $63 million that it had pledged to the main Syrian opposition organization because the Obama administration is frustrated with the group’s disarray and is searching for more credible partners to support in the rebellion against Syrian President Bashar Assad, knowledgeable officials said Friday. The decision not to fund the Syrian Opposition Coalition contrasts sharply with the Obama administration’s continued public expressions of confidence in the group, which has been central to U.S. policy on Syria since last fall and which the administration recognizes as the legitimate representative of the Syrian people.But U.S. officials said privately that they are fed up with the group’s inability to organize, appoint a government-in-exile or reach decisions on a wide range of issues. The officials spoke on the condition of anonymity so as to more freely discuss sensitive diplomacy. State Department officials are fond of repeating that they’ve pledged $250 million in nonlethal aid to boost the Syrian opposition. In reality, however, only a fraction of that – roughly $54 million – has been delivered, and almost none of it has gone directly to the coalition because “it’s obviously been a very unstable organization,” as one official put it.
  • “We have not given them money to go off and spend precisely because of the instability,” the official said.Officials insisted the plan wasn’t to give up on the coalition. But they said that Secretary of State John Kerry was mulling greater support of rival opposition factions such as the rebels’ military command and grassroots civil society organizations inside Syria.State Department officials also were said to be incensed at the coalition’s announcement Friday that it wouldn’t attend U.S.-Russian sponsored peace talks in Geneva. The coalition blamed its refusal to attend on the “invasion of Syria” by Iran and the Lebanese militant group Hezbollah.But analysts said the refusal looked particularly truculent, especially after Assad suggested in a Lebanese television interview Thursday that he might personally attend.“If Assad sends someone and they don’t, it doesn’t look good for them,” said Leila Hilal, a Syria specialist and head of the Middle East task force of the New America Foundation, a Washington research institute.
Paul Merrell

The Real Blame for Deaths in Libya    :   Information Clearing House: ICH - 0 views

  • However, in this political season, the Republicans want to gain some political advantage by stirring up doubts about President Barack Obama’s toughness on terrorism — and the Obama administration is looking for ways to blunt those rhetorical attacks by launching retaliatory strikes in Libya or elsewhere. Thus, it was small comfort to learn that Teflon-coated John Brennan, Obama’s counterterrorism adviser, had flown to Tripoli, hoping to unearth some interim Libyan government officials to consult with on the Benghazi attack. With the embassy’s help, he no doubt identified Libyan officials with some claim to purview over “terrorism.”
  • But Brennan is not about investigation. Retribution is his bag. It is likely that some Libyan interlocutor was brought forth who would give him carte blanche to retaliate against any and all those “suspected” of having had some role in the Benghazi murders. So, look for “surgical” drone strike or Abbottabad-style special forces attack — possibly before the Nov. 6 election — on whomever is labeled a “suspect.” Sound wild? It is. However, considering Brennan’s penchant for acting-first-thinking-later, plus the entrée and extraordinary influence he enjoys with President Obama, drone and/or special forces attacks are, in my opinion, more likely than not. (This is the same Brennan, after all, who compiles for Obama lists of nominees for assassination by drone.) If in Tuesday’s debate with ex-Massachusetts Gov. Mitt Romney, Obama is pressed, as expected on his supposed weakness in handling Benghazi, attacks on “terrorists,” real or “suspect,” become still more likely. Brennan and other White House functionaries might succeed in persuading the president that such attacks would be just what the doctor ordered for his wheezing poll numbers.
  • It was no surprise, then, that almost completely absent from the discussion at last Tuesday’s hearing was any attempt to figure out why a well-armed, well-organized group of terrorists wanted to inflict maximum damage on the U.S. consulate in Benghazi and kill the diplomats there. Were it not for Rep. Dennis Kucinich, D-Ohio, impressionable listeners would have been left with the idea that the attack had nothing to do with Washington’s hare-brained, bomb-heavy policies, from which al-Qaeda and similar terrorist groups are more beneficiary than victim, as in Libya. Not for the first time, Kucinich rose to the occasion at Tuesday’s hearing:
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  • “You’d think that after ten years in Iraq and after eleven years in Afghanistan that the U.S. would have learned the consequences and the limits of interventionism. … Today we’re engaging in a discussion about the security failures of Benghazi. The security situation did not happen overnight because of a decision made by someone at the State Department. … “We owe it to the diplomatic corps, who serves our nation, to start at the beginning and that’s what I shall do. Security threats in Libya, including the unchecked extremist groups who are armed to the teeth, exist because our nation spurred on a civil war destroying the security and stability of Libya. … We bombed Libya. We destroyed their army. We obliterated their police stations … Al Qaeda expanded its presence. “Weapons are everywhere. Thousands of shoulder-to-air missiles are on the loose. Our military intervention led to greater instability in Libya. … It’s not surprising that the State Department was not able to adequately protect our diplomats from this predictable threat. It’s not surprising and it’s also not acceptable. … “We want to stop attacks on our embassies? Let’s stop trying to overthrow governments. This should not be a partisan issue. Let’s avoid the hype. Let’s look at the real situation here. Interventions do not make us safer. They do not protect our nation. They are themselves a threat to America.”
  • Congressman Kucinich went on to ask the witnesses if they knew how many shoulder-to-air missiles were on the loose in Libya. Nordstrom: “Ten to twenty thousand.”
  • In my view, counterterrorism guru Brennan shares the blame for this and other failures. But he has a strong allergy to acknowledging such responsibility. And he enjoys more Teflon protection from his perch closer to the president in the White House. The back-and-forth bickering over the tragedy in Benghazi has focused on so many trees that the forest never came into view. Not only did the hearing fall far short in establishing genuine accountability, it was bereft of vision. Without vision, the old proverb says, the people perish — and that includes American diplomats. The killings in Benghazi on Sept. 11, 2012, validate that wisdom. If the U.S. does not change the way it relates to the rest of the world, and especially to the Muslim world, more and more people will perish. If we persist on the aggressive path we are on, Americans will in no way be safer. As for our diplomats, in my view it is just a matter of time before our next embassy, consulate or residence is attacked.
  • We are told we should not speak ill of the dead. Dead consciences, though, should be fair game. In my view, the U.S. Secretary of State did herself no credit the morning after the killing of four of her employees, when she said: “I asked myself — how could this happen? How could this happen in a country we helped liberate, in a city we helped save from destruction? This question reflects just how complicated and, at times, how confounding the world can be. But we have to be clear-eyed, even in our grief.” But some things are confounding only to those suppressing their own responsibility for untold death and misery abroad. Secretary Clinton continues to preen about the U.S. role in the attack on Libya. And, of Gadhafi’s gory death, she exclaimed on camera with a joyous cackle, “We came; we saw; he died.” Can it come as a surprise to Clinton that this kind of attitude and behavior can set a tone, spawning still more violence?
  • At Tuesday’s hearing, Kucinich noted that in Libya “we intervened, absent constitutional authority.” Most of his colleagues reacted with the equivalent of a deep yawn, as though Kucinich had said something “quaint” and “obsolete.” Like most of their colleagues in the House, most Oversight Committee members continue to duck this key issue, which directly involves one of the most important powers/duties given the Congress in Article I of the Constitution. Such was their behavior last Tuesday, with most members preferring to indulge in hypocritical posturing aimed at scoring cheap political points. Palpable in that hearing room was one of the dangers our country’s Founders feared the most — that, for reasons of power, position and money, legislators might eventually be seduced into the kind of cowardice and expediency that would lead them to forfeit their power and their duty to prevent a president from making war at will. Many of those now doing their best to make political hay out of the Benghazi “scandal” are the same legislators who appealed strongly for the U.S. to bomb Libya and remove Gadhafi. This, despite it having been clear from the start that eastern Libya had become a new beachhead for al-Qaeda and other terrorists. From the start, it was highly uncertain who would fill the power vacuums in the east and in Tripoli.
  • As Congress failed to exercise its constitutional duties — to debate and vote on wars — Obama, along with his Defense Secretary Leon Panetta and Hillary Clinton, took a page out of the Bush/Cheney book and jumped into a new war. Just don’t call it war, said the White House. It’s merely a “kinetic humanitarian action.” You see, our friends in Europe covet that pure Libyan oil and Gadhafi had been a problem to the West for a long time. So, it was assumed that there would be enough anti-Gadhafi Libyans that a new “democratic” government could be created and talented diplomats, like Ambassador Christopher Stevens, could explain to “the locals” how missiles and bombs were in the long-term interest of Libyans.
  • On Libya, the Obama administration dissed Congress even more blatantly than Cheney and Bush did on Iraq, where there was at least the charade of a public debate, albeit perverted by false claims about Iraq’s WMDs and Saddam Hussein’s ties to al-Qaeda. And so Defense Secretary Panetta and Secretary of State Clinton stepped off cheerily to strike Libya with the same kind of post-war plan that Cheney, Bush, and then-Defense Secretary Donald Rumsfeld had for Iraq — none. Small wonder chaos reigns in Benghazi and other parts of the country. Can it be that privileged politicians like Clinton and Panetta and the many “one-percenters” in Congress and elsewhere really do not understand that, when the U.S. does what it did to Libya, there will be folks who don’t like it; that they will be armed; that there will be blowback; that U.S. diplomats, given an impossible task, will die?
  • Constitutionally, the craven Congress is a huge part of the problem. Only a few members of the House and Senate seem to care very much when presidents act like kings and send off troops drawn largely by a poverty draft to wars not authorized (or simply rubber-stamped) by Congress. Last Tuesday, Kucinich’s voice was alone crying in the wilderness, so to speak. (And, because of redistricting and his loss in a primary that pitted two incumbent Democrats against each other, he will not be a member of the new Congress in January.) This matters — and matters very much. At a hearing of the Senate Armed Services Committee on March 7, Sen. Jeff Sessions, R-Alabama, pursued this key issue with Panetta and Joint Chiefs Chairman Gen. Martin Dempsey. Chafing ex post facto at the unauthorized nature of the war in Libya, Sessions asked repeatedly what “legal basis” would the Obama administration rely on to do in Syria what it did in Libya. Watching that part of the testimony it seemed to me that Sessions, a conservative Southern lawyer, was not at all faking when he pronounced himself “almost breathless,” as Panetta stonewalled time after time. Panetta made it explicitly clear that the administration does not believe it needs to seek congressional approval for wars like Libya. At times he seemed to be quoting verses from the Book of Cheney.
  • Sessions: “I am really baffled … The only legal authority that’s required to deploy the U.S. military [in combat] is the Congress and the president and the law and the Constitution.” Panetta: “Let me just for the record be clear again, Senator, so there is no misunderstanding. When it comes to national defense, the president has the authority under the Constitution to act to defend this country, and we will, Sir.” (If you care about the Constitution and the rule of law, I strongly recommend that you view the entire 7-minute video clip.)
Paul Merrell

US-Saudi Plan: Let 9,000 ISIS Fighters Walk Free from Mosul - to Fight in Syria - 0 views

  • Judging by both the words, and deeds of the Obama White House and its political ‘diplomatic’ appointees led by perfidious John Kerry and caustic Samantha Power – all evidence to date points to the US wanting to escalate its war on Syria – while happily baiting a military confrontation, and ‘World War‘ scenario with Russia and its allies in the process.  If this latest leak is indeed true – and time will certainly tell whether or not it is, it would constitute one of the most egregious violations of both US and international law – by the United States government and its theocratic dictator partner in Saudi Arabia. Washington’s own anti-terror legislation expressly forbids colluding to provide logistical or material support for terrorist groups, and this US-Saudi venture would be the latest in a long list of violations…
  • Here’s what makes this a potential shocker: the operation allows for safe passage for 9,000 ISIS fighters on the proviso that they are transferred from Iraq to eastern Syria in order to help US plans for “regime change” there.  “At the time of the assault, coalition aircraft would strike only on a pre-agreed detached buildings in the city, which are empty, the source said.” “According to him [the source], the plan of Washington and Riyadh also provides that the rebels move from Mosul to Syria for the attack on the government-controlled town of troops.” Essentially, Washington and Saudi Arabia, will allow 9,000 ISIS (Islamic State) fighter FREE passage into Syria if they agree to join Washington’s “regime change” operations there. This could also include, “… eastern regions of Syria to follow a major offensive operation, which involves the capture of Deir ez-Zor and Palmyra,” the source added. Before you write this story off as some ornate Russian psychological operation, consider the long trend arch. The US along with its generous Gulf sidekicks, have already established a solid track record of aiding and abetting ISIS – not just in Syria, but in Iraq too. The record shows that the US is guilty on a number of counts…
  • If the Mosul leak is true, then it wouldn’t be the first time that the US has provided cover in the military pantomime the world has come to know as “the fight against ISIS.” When large ISIS convoys crossed the Syrian desert to invade and occupy the ancient Syrian city of Palmyra in May 2015, the US ‘Coalition’ airforce did nothing, and allowed ISIS to take and destroy part of the world’s great historic cultural heritage, along with the murder of scores of innocent civilians. Professor Tim Anderson from Sydney University states: “U.S. weapons with Israeli ammunition were used by Islamic State group when taking over Palmyra. The extremists also had U.S. military rations.” “The U.S., which since 2014 claimed to be conducting a war against ISIS in Iraq and Syria, and which had air power and sophisticated surveillance of the region, did nothing to stop the huge ISIS advance on Palmyra.” The US isn’t even shy about its laissez-faire policy with ISIS in the field, with the New York Times openly boasting, “Any airstrikes against Islamic State militants in and around Palmyra would probably benefit the forces of President Bashar al-Assad. So far, United States-led airstrikes in Syria have largely focused on areas far outside government control, to avoid the perception of aiding a leader whose ouster President Obama has called for.”
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  • More importantly however, is what kind of message an US statement like that sends to ISIS, as well as Al Nusra and other terrorist brigades inside Syria, which is basically, “we do not need to worry about US air strikes, only Syrian Army and Russian strikes.” This situation really sums up the utter fraud and contempt of the US deception in Syria, and it’s no surprise that the Russian Foreign Ministry are reticent to extend themselves any more where the US is concerned. Then, in March 2016, when ISIS fled Palmyra, back across the desert towards Deir ez-Zor and Raqqa – the great and powerful US ‘Coalition’ airforce actually helped ISIS in a number of ways, including allowing them free passage once more. In late August, we were told that the Turkish Army, alongside “allied Syrian rebels” (terrorist group Faylaq al-Sham) backed by the US air cover, invaded Syria in order to capture the “ISIS-held” town of Jarabulus, Syria, this supposedly to cut off ISIS’s last open route into Turkey. But what happened to ISIS? The NYT even admitted that, “… it appeared that most of the militants had fled without a fight.” Here, ISIS appears to have been given advanced warning – by either US or Turkish intelligence, as they left the contested town of Jarabulus quietly, but in droves. In reality, Turkey twisted this operation in order to attack and degrade Kurdish militias including the US-backed artificial construct called the Syrian Democratic Forces (SDF), and pro-Kurdish People’s Protection Units (YPG) and Kurdish Democratic Union Party (PYD), the Syrian affiliate of the militant Kurdistan Workers’ Party (PKK) in Iraq and Turkey – all of whom are meant to be fighting ISIS. Instead, they are now busy dodging Turkish artillery rounds. Confusing, yes, but true nonetheless.
  • It’s also common knowledge now, that top of the line US weaponry is being used by ISIS, both in Iraq, in Afghanistan and in Syria as well. In fact, if not for US weapons and supplies (along with US air intervention, or noninterventions), ISIS would have struggled to maintain many of the strategic positions it enjoys today. For the last 3 years, US officials have been dodging this issue, and when they do admit this is true, their patronizing party line is that, “this must be a mistake, if they do have US weapons, we didn’t mean it.” As if the world was born yesterday. Perhaps the most flagrant violation by the US-led forces in aiding and abetting ISIS took place on Sept 17, 2016, when the US-led Coalition bombed Syrian Army positions outside of Deir ez-Zor near al-Tharda Mountain, killing some 80 soldiers and injuring 100 more.  As if by design, an ISIS offensive began immediately following the US massacre of Syrian soldiers. Clearly, this bold move by the Pentagon paved the way for a major ISIS advance. To any normal observer, the US attack was a belligerent act of war that effective destroyed an already fragile bilateral ceasefire agreement, and yet the US response was to somehow blame Russia for calling an emergency UNSC meeting to discuss the incident. Judging by this response, it’s pretty clear that US wants to see the Syrian Conflict carry on for a while, and it will need groups like ISIS to make that happen.
  • The other problem with Washington’s hollow righteousness in the Middle East is that there are key members of the US-led “Coalition” who are financing ISIS, Al Nusra Front, Nour al Din Zinki, and Arar al Sham (all ‘moderate’ terrorists we’re told) militants in Syria, Iraq and beyond. This fact was recently admitted by former US Secretary of State and Democratic candidate Hillary Clinton, as revealed in this week’s batch of Wikileaks emails. Clinton writes: “While this military/para-military operation is moving forward, we need to use our diplomatic and more traditional intelligence assets to bring pressure on the governments of Qatar and Saudi Arabia, which are providing clandestine financial and logistic support to ISIL and other radical Sunni groups in the region.”  Add to that the multiple exposures over the last 3 years of the US CIA illegally trafficking lethal arms to Al Nusra and other terrorists through covert operations like Timber Sycamore. Still, US and NATO member state officials and their media gatekeepers continue to deny it and play dumb, rather than come clean that the United States and its ‘partners’ in the region are helping, not hindering ISIS terrorism. Some might ask: why would they do a thing like that? By now, the answer should be simple, but threefold:
  • ISIS is still one of Washington’s best hope for continuing instability, and “regime change” in Syria. The existence of ISIS in Syria and Iraq guarantees that Washington can invite itself to the party.  The ISIS brand has been a boon for the global military industrial complex and all of its bottom-feeder businesses and ‘security’ contract firms. What’s so comical yet even more tragic, is how prominent the topic of “ISIS” factors into all of the vapid ‘national security’ debates and media panels in this year’s US Presidential election, and in the dumbed-down ‘coverage’ of the delusional US mainstream media, led by Pentagon surrogate CNN, and hopeless FOX News. Judging by their prosaic ‘coverage’, neither the networks, nor Hillary Clinton or Donald Trump have the slightest clue of what the reality on the ground is. Instead we here, “My ISIS plan is better than yours!” The US political conversation has gone beyond ridiculousness. The corps of US military and CIA media spokesman aren’t much better. The sad part is some of them do know what is really happening, but would rather lie to the American public. With so much double dealing, who can you trust? Certainly not anyone in Washington. More on the White House’s latest dangerous proposition….
Paul Merrell

The Miscreants' Global Bust-Out: Preface | Deep Capture - 1 views

  • “A bust-out is a scheme customarily employed by organized crime to deplete the assets of a legit­imate business, thus forcing it into bankruptcy.” State of New Jersey Commission of Investigation 1988 Report, “Subversion By Organized Crime And Other Unscrupulous Elements of the Check Cashing Industry” “BUSTOUT: a confidence scheme in which an established business is taken over, a large stock of merchandise is purchased on credit and quickly sold, and the business is then abandoned or bankruptcy is declared.”  – Merriam-Webster Dictionary Mark Mitchell has continued exploring the financial instability of the last four years, including the crash of 2008 and the Flash Crash of 2010.  His conclusion is that various activities associated with market manipulation (e.g., naked short selling, high frequency trading, derivatives such as Credit Default Swaps and synthetic CDOs, sponsored access, regulatory capture, press manipulation) follow a familiar leverage-and-loot pattern and can be traced to a fairly cohesive network that includes Italian and Russian organized crime, Sunni extremist financiers with ties to Al Qaeda, the Russian FSB, the Albanian Mafia, agents of the Iranian regime, and close associates of Michael Milken. The result, “The Miscreants’ Global Bust-Out”, is 230 pages long. DeepCapture will be publishing it in approximately 25 installments over the coming weeks.
Paul Merrell

Caught Red-Handed » CounterPunch: Tells the Facts, Names the Names - 0 views

  • “In the latest debacle for the US State Department and the Obama Administration, US Assistant Secretary of State Victoria Nuland was caught on tape micro-managing Ukraine opposition party strategies with US Ambassador to Ukraine, Geoffrey Pyatt. That the Ukraine regime-change operation is to some degree being directed from Washington can no longer be denied….The taped conversation demonstrates in clear detail that while Secretary of State John Kerry decries any foreign meddling in Ukraine’s internal affairs, his State Department is virtually managing the entire process.” – Daniel McAdams, “‘F**k the EU’: Tape Reveals US Runs Ukraine Opposition“, Ron Paul Institute Washington is at it again, up to its old tricks. You’d think that after the Afghanistan and Iraq fiascos someone on the policymaking team would tell the fantasists to dial-it-down a bit. But, no. The Obama claque is just as eager to try their hand at regime change as their predecessors, the Bushies. This time the bullseye is on Ukraine, the home of the failed Orange Revolution, where US NGOs fomented a populist coup that brought down the government and paved the way for years of social instability, economic hardship and, eventually, a stronger alliance with Moscow. That sure worked out well, didn’t it? One can only wonder what Obama has in mind for an encore.
  • Let’s cut to the chase: The US still clings to the idea that it can dominate the world with its ham-fisted military (that hasn’t won a war in 60 years) its scandalized Intel agencies, its comical Rambo-style “Special Ops” teams, and its oh-so-brilliant global strategists who think the days of the nation-state will soon be over hastening the onset of the glorious New World Order. Right. Ukraine is a critical part of that pipe dream, er, strategy which is why the US media puts demonstrations in Kiev in the headlines while similar protests in the US are consigned to the back pages just below the dog food ads. In any event, the crisis is likely to intensify in the months ahead as Washington engages in a no-holds-barred tug-o-war with Moscow over the future of civilization.
Paul Merrell

Putin's quiet Latin America play | TheHill - 0 views

  • Away from the conflict in Ukraine, Russian President Vladimir Putin is quietly seeking a foothold in Latin America, military officials warn.To the alarm of lawmakers and Pentagon officials, Putin has begun sending navy ships and long-range bombers to the region for the first time in years.ADVERTISEMENTRussia’s defense minister says the country is planning bases in Cuba, Venezuela, and Nicaragua, and just last week, Putin’s national security team met to discuss increasing military ties in the region.“They’re on the march,” Sen. Joe Donnelly (D-Ind.) said at a Senate hearing earlier this month. “They’re working the scenes where we can’t work. And they’re doing a pretty good job.”
  • Gen. James Kelly, commander of U.S. Southern Command said there has been a “noticeable uptick in Russian power projection and security force personnel” in Latin America.“It has been over three decades since we last saw this type of high-profile Russian military presence,” Kelly said at the March 13 hearing. The U.S. military says it has been forced to cut back on its engagement with military and government officials in Latin America due to budget cuts. Kelly said the U.S. military had to cancel more than 200 effective engagement activities and multi-lateral exercises in Latin America last year.With the American presence waning, officials say rivals such as Russia, China and Iran are quickly filling the void.
  • Iran has opened up 11 additional embassies and 33 cultural centers in Latin America while supporting the "operational presence" of militant group Lebanese Hezbollah in the region.“On the military side, I believe they're establishing, if you will, lily pads for future use if they needed to use them,” Kelly said. China is making a play for Latin America a well, and is now the fastest growing investor in the region, according to experts. Although their activity is mostly economic, they are also increasing military activity through educational exchanges. The Chinese Navy conducted a goodwill visit in Brazil, Chile and Argentina last year and conducted its first-ever naval exercise with the Argentine Navy.
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  • “Our relationships, our leadership, and our influence in the Western Hemisphere are paying the price,” Kelly said.Some experts warn against being too alarmist, and say Russia, China and Iran do not have the ability or desire to project military power beyond their borders. Army War College adjunct professor Gabriel Marcella said Russia's maneuvering is more about posturing than a real threat. "Latin America is seen as an opportunity to challenge the United States in terms of global presence," he said. "They want to show the flag to assert their presence and say they need to be counted on the world stage." Other experts said the encroachment of rivals has huge economic implications for the U.S., which has more trade partners in Latin America than in any other region in the world. 
  • “[Russia’s presence] serves to destabilize what has become a more stabilized, middle class continent with an increasing respect for the rule of law. ... Any type of unsettling of that environment will scare off investors,” said Jason Marczak, deputy director at the Atlantic Council’s Adrienne Arsht Latin America Center.“Market economies and democracies are fundamental for trade, for jobs, and for stable investment environments," he said. Marczak noted the instability in Venezuela, which is facing civil unrest from anti-government protestors.“In Venezuela, a lot of the money that’s been able to prop up President Chavez and now Maduro has been Chinese money,” Kelly said. 
  • And while Chinese investment in Latin America could have positive aspects for the region, it could also make it more difficult for U.S. official to push labor and environmental safeguards that it argues are building blocks for democracy, Marczak said.  Angel Rabasa, a senior political scientist at RAND, said cuts to the defense budget are going to accelerate a long trend of U.S. neglect and disengagement with Latin America. According to Sen. Tim Kaine (D-Va.), there are 10 countries in Latin America that currently have no U.S. ambassador because they either haven’t been nominated yet or confirmed, a sign that the region is seen as a low priority.“We will be losing the ability to influence developments in a region that is very important to us because of proximity,” Rabasa said. 
  •  
    While Obama shifts to the East and tries to encircle Russia with NATO missile batteries, Putin shifts to the Southwest, surrounding the U.S. with missile batteries. One gets the sniff that the BRICS nations are setting up a military defense.   
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