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Paul Merrell

Washington Orchestrated Protests Are Destabilizing Ukraine - PaulCraigRoberts.org - 0 views

  • The protests in the western Ukraine are organized by the CIA, the US State Department, and by Washington- and EU-financed Non-Governmental Organizations (NGOs) that work in conjunction with the CIA and State Department. The purpose of the protests is to overturn the decision by the independent government of Ukraine not to join the EU. The US and EU were initially cooperating in the effort to destroy the independence of Ukraine and make it a subservient entity to the EU government in Brussels. For the EU government, the goal is to expand the EU. For Washington the purposes are to make Ukraine available for looting by US banks and corporations and to bring Ukraine into NATO so that Washington can gain more military bases on Russia’s frontier. There are three countries in the world that are in the way of Washington’s hegemony over the world–Russia, China, and Iran. Each of these countries is targeted by Washington for overthrow or for their sovereignty to be degraded by propaganda and US military bases that leave the countries vulnerable to attack, thus coercing them into accepting Washington’s will. The problem that has arisen between the US and EU with regard to Ukraine is that Europeans have realized that the takeover of Ukraine is a direct threat to Russia, which can cut Europe off from oil and natural gas, and if there is war completely destroy Europe. Consequently, the EU became willing to stop provoking the Ukraine protests.
Paul Merrell

House of Saud Gives Syrian Insurgents Anti-Aircraft Missiles with US Blessing | Global ... - 0 views

  • Officials have confirmed that Saudi Arabia intends to provide Chinese-made anti-aircraft missiles to rebel factions in Syria soon in a move to “tip the balance” against a Syrian military which has enjoyed air superiority. Shoulder-mounted “manpad” missiles have been smuggled into Syria after the looting in Libya, but never in huge quantities. Rebel factions, including those supported by the West, have repeatedly said that if they were able they would use such missiles to attack civilian airliners flying over Syrian airspace, saying all civilian aircraft are “legitimate targets” in their war.
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    Targeting civilian airliners is a big no-no under international law.
Gary Edwards

Well sourced list of 252 examples of Obama lying, lawbreaking, corruption, cronyism, et... - 1 views

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    "well sourced list of 252 examples of his lying, lawbreaking, corruption, cronyism, etc." Incredible accounting.
Gary Edwards

The Sides Are Forming For The Coming Civil War. | Militia News - 1 views

  • America is in the choosing sides phase of the coming civil war. To use a college recruiting phrase, it is accurate to state that the letters of intent to join one side or another have mostly been signed and the commitments offered. However, there is one big uncommitted piece, but very soon the sides will be drawn.
  • The Chess Pieces of Civil War What is going on today in America all about choosing sides. There are clear lines being formed in the United States. The recruiting pool consists of the Department of Homeland Security, the American military, local law enforcement, the Russian troops pouring into the United States, the trickle of Chinese troops coming into the country through Hawaii and, of course, the poor, the middle class and elite. This is the recruiting pool which will form the chess pieces of the coming American Civil War. Even if all parties in this country wanted the country to continue, even in its present mortally wounded state, it would be foolish to believe that it could continue for much longer.
  • Barring a false flag event, US martial law will have a trigger event, which will lead to martial law, that will be financial and it will naturally occur as we are already on a collision course with destiny.
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  • The net result of these staggering numbers can only end one way, and that is with a financial collapse, followed by a bank holiday, rioting in the streets and the full roll out of martial law. These financial numbers guarantee that the party cannot continue much longer. Since America, in her present form, cannot continue much longer without experiencing a cataclysmic shift, we would be wise to realize what resources are going to be the impetus for civil war. When you play the board game, Monopoly, the properties on Boardwalk are among the most coveted. It is no different in real life. The biggest prize of the coming conflict is real estate. Homes, office buildings and shopping malls are the most coveted prize. The MERS mortgage fraud continues unabated as millions of homes have been confiscated through mortgage fraud. When the dollar is worthless and is awaiting its replacement (e.g. the Amero or the Worldo), real estate will be more valuable than gold.
  • Other big game that is being hunted by both sides in the coming civil war will be bank accounts, which must be looted before the dormant computer digits we call money can be converted into hard assets. That is why my advice is, and has been, convert your cash into tangible assets which can enhance your survivability in the upcoming crash.
  • Also, your pensions, your 401K’s and your various entitlement programs are also at risk as evidenced by Secretary of Treasury Jack Lew’s “borrowing” from various Federal retirement accounts in order to increase the debt ceiling fight that will resurface in Congress, again, early next year.
  • Again, my advice is to convert your assets in tangible items which will aid in getting you through some very dark days coming up in the near future.
  • Before the cognitive dissonance crowd rears their ugly heads and accuses me of fear mongering, ask yourself what the elite did prior to the crash of the economy in 1929. For example, Joseph Kennedy took his money out of the stock market the day BEFORE it crashed. Vanderbilt, Rockefeller, Westinghouse, et al., all took their money out just prior to the crash, leaving the ignorant masses unaware of what was coming. Don’t make the same mistake.
  • I have news for you, there are Federal officials in every town, city and county in America. If one violates HR 347, they will be immediately arrested and charged with a felony.
  • The NDAA constitutes another big fence being built around the people in which all due process will soon be gone. The NDAA will allow the administration the “legal” right to secretly remove any burgeoning leadership of citizen opposition forces.
  • There are three paramount numbers that every American should be paying attention to and they are (1) national deficit ($17 trillion dollars), (2) the unfunded liabilities debt ($238 trillion dollars), and (3) the derivatives/futures debt (one quadrillion dollars which is 16 times the entire wealth of the planet.
  • In short, this spells the potential enslavement of the American people.
  • For those of you who still have your blinders on, research the NDAA and EO 13603 and then when you realize that I am correct in my interpretation, ask yourself one question; If the powers that be were not going to seize every important asset, then why would the government give itself the power to do just that?
  • And while you are at it, remember the Clean Water Act gives the EPA to control all private property as well as the precious resources of all water. And then of course, the FDA and the conflicts with local farmers is escalating.
  • And if this is not enough to convince the sheep of this country that the storm clouds are overhead, then take a look at HR 347 which outlaws protesting and takes away the First Amendment. This unconstitutional legislation makes it illegal to criticize the President and the government, as a whole, in the presence of Federal officials.
  • The second provision which will allow this country to quickly transition to martial law is Executive Order (EO) 13603 which allows the President to take control over any resource, property and even human labor within the United States. This EO gives the President unlimited authority including the ability to initiate a civilian draft as well as a military draft.
  • I just saw the Hunger Games sequel, Catching Fire, and this is eerily similar to what I saw in the movies in that the people are being provoked to revolution.
  • in the TV show, Revolution, the most evil entity in the series is the re-emergence of the United States government and the heroes of the show are rebelling against the abuse.
  • It seems like everywhere we turn in the media, the people are being encouraged to rise up now and challenge authority. I am sure the establishment would rather confront a small group of dissidents and squelch the rebellion now, before the numbers can become significant and overwhelming to the establishment and this theme is being carried out in the media.
  • The final action will consist of gun confiscation and one side of the coming conflict is attempting to position themselves to do that in the near future and that would be the DHS, the Russians and the Chinese.
  • I cannot think of another legitimate reason which would describe why they are here.
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    While I'd be the first to agree that the degree of fiscal mismanagement of this nation's economy is beyond insane and have to admit that I see very little to admire in Barack Obama's presidency, the meme about Executive Order 13603 authorizing confiscation of any property and enslavement of the American public needs to be put to rest. See http://www.archives.gov/federal-register/executive-orders/2012.html#13603 E.O. 13603 is not much more than an updating of similar executive orders issued by prior presidents beginning with Dwight Eisenhower. In fact, in skimming it a few minutes ago, I didn't see anything drastically different from some of the prior related orders. E.g., it reflects that a bunch of agencies that were formerly either independent or under other departments are now under the newish Department of Homeland Security, whose Secretary now gets the authority formerly delegated to other department and agency heads. If blame must be cast, it belongs on the Congress that enacted the Defense Production Act of 1950, 50 U.S.C. 2061, et seq. The executive order does no more than obey that Act's instructions. For example there is a section authorizing pre-emption of manufacturing capacity of critical industries over any existing civilian contracts in the event of a national emergency, but that language is in the statute as well. But that power hasn't had much traction since Harry Truman tried to nationalize the steel industry to break a nationwide strike. The Supreme Court swatted down that effort as an abuse of a power that would be lawful in a true emergency, like another major. But even that semi-radical "survival" power is ameliorated by other provisions of the statute and the order that authorize loan guarantees for companies' construction and maintenance of critical productive capacity. Much of that has been implemented over the years as outright grants. So for example, many chemical manufacturing plants were built with Defense Production Act funds, with
Paul Merrell

Obama Issues Threats To Russia And NATO -- Paul Craig Roberts - PaulCraigRoberts.org - 0 views

  • The Obama regime has issued simultaneous threats to the enemy it is making out of Russia and to its European NATO allies on which Washington is relying to support sanctions on Russia. This cannot end well. As even Americans living in a controlled media environment are aware, Europeans, South Americans, and Chinese are infuriated that the National Stasi Agency is spying on their communications. NSA’s affront to legality, the US Constitution, and international diplomatic norms is unprecedented. Yet, the spying continues, while Congress sits sucking its thumb and betraying its oath to defend the Constitution of the United States. In Washington mumbo-jumbo from the executive branch about “national security” suffices to negate statutory law and Constitutional requirements. Western Europe, seeing that the White House, Congress and the Federal Courts are impotent and unable to rein-in the Stasi Police State, has decided to create a European communication system that excludes US companies in order to protect the privacy of European citizens and government communications from the Washington Stasi.
  • The Obama regime, desperate that no individual and no country escape its spy net, denounced Western Europe’s intention to protect the privacy of its communications as “a violation of trade laws.” Obama’s US Trade Representative, who has been negotiating secret “trade agreements” in Europe and Asia that give US corporations immunity to the laws of all countries that sign the agreements, has threatened WTO penalties if Europe’s communications network excludes the US companies that serve as spies for NSA. Washington in all its arrogance has told its most necessary allies that if you don’t let us spy on you, we will use WTO to penalize you. So there you have it. The rest of the world now has the best possible reason to exit the WTO and to avoid the Trans-Pacific and Trans-Atlantic “trade agreements.” The agreements are not about trade. The purpose of these “trade agreements” is to establish the hegemony of Washington and US corporations over other countries. In an arrogant demonstration of Washington’s power over Europe, the US Trade Representative warned Washington’s NATO allies: “US Trade Representative will be carefully monitoring the development of any such proposals” to create a separate European communication network. http://rt.com/news/us-europe-nsa-snowden-549/ Washington is relying on the Chancellor of Germany, the President of France, and the Prime Minister of the UK to place service to Washington above their countries’ communications privacy.
  • It has dawned on the Russian government that being a part of the American dollar system means that Russia is open to being looted by Western banks and corporations or by individuals financed by them, that the ruble is vulnerable to being driven down by speculators in the foreign exchange market and by capital outflows, and that dependence on the American international payments system exposes Russia to arbitrary sanctions imposed by the “exceptional and indispensable country.” Why it took the Russian government so long to realize that the dollar payments system puts countries under Washington’s thumb is puzzling.
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  • Now that the Russian government understands that Russia must depart the dollar system in order to protect Russian sovereignty, President Putin has entered into barter/ruble oil deals with China and Iran. However, Washington objects to Russia abandoning the dollar international payment system. Zero Hedge, a more reliable news source than the US print and TV media, reports that Washington has conveyed to both Russia and Iran that a non-dollar oil deal would trigger US sanctions. http://www.zerohedge.com/news/2014-04-04/us-threatens-russia-sanctions-over-petrodollar-busting-deal Washington’s objection to the Russian/Iranian deal made it clear to all governments that Washington uses the dollar-based international payments system as a means of control. Why should countries accept an international payments system that infringes their sovereignty? What would happen if instead of passively accepting the dollar as the means of international payment, countries simply left the dollar system? The value of the dollar would fall and so would Washington’s power. Without the power that the dollar’s role as world reserve currency gives the US to pay its bills by printing money, the US could not maintain its aggressive military posture or its payoffs to foreign governments to do its bidding. Washington would be just another failed empire, whose population can barely make ends meet, while the One Percent who comprise the mega-rich compete with 200-foot yachts and $750,000 fountain pins. The aristocracy and the serfs. That is what America has already become. A throwback to the feudal era. It is only a matter of time before it is universally recognized that the US is a failed state. Let’s pray this recognition occurs before the arrogant inhabitants of Washington blow up the world in pursuit of hegemony over others.
  • Washington’s provocative military moves against Russia are reckless and dangerous. The buildup of NATO air, ground, and naval forces on Russia’s borders in violation of the 1997 NATO-Russian treaty and the Montreux Convention naturally strike the Russian government as suspicious, especially as the buildups are justified on the basis of lies that Russia is about to invade Poland, the Baltic States, and Moldova in addition to Ukraine. These lies are transparent. The Russian Foreign Minister Sergey Lavrov has asked NATO for an explanation, stating: “We are not only expecting answers, but answers that will be based fully on respect for the rules we agreed on.” http://rt.com/news/lavrov-ukraine-nato-convention-069/ Anders Fogh Rasmussen, Washington’s puppet installed as NATO figurehead who is no more in charge of NATO than I am, responded in a way guaranteed to raise Russian anxieties. Rasmussen dismissed the Russian Foreign Minister’s request for explanation as “propaganda and disinformation.” Clearly, what we are experiencing are rising tensions caused by Washington and NATO. These tensions are in addition to the tensions arising from Washington’s coup in Ukraine. These reckless and dangerous actions have destroyed the Russian government’s trust in the West and are moving the world toward war. Little did the protesters in Kiev, called into the streets by Washington’s NGOs, realize that their foolishness was setting the world on a path to armageddon.
Paul Merrell

Ukrainians Get IMF's Bitter Medicine | Consortiumnews - 0 views

  • hough lacking legitimacy from national elections, Ukraine’s coup regime has approved a harsh IMF austerity plan that hits Ukraine’s “99 percent” the hardest and asks little from the country’s “1 percent,” including the corrupt “oligarchs,” reports Robert Parry.
Paul Merrell

Ukraine a threat to global economy, warns IMF chief Christine Lagarde - Telegraph - 0 views

  • International Monetary Fund managing director Christine Lagarde has warned that the political crisis around Ukraine poses a danger to the broader world economy.
Paul Merrell

And The Benghazi Media Circus Plays On… | Global Research - 0 views

  • A recent article written by this writer for Global Research posted last Saturday – “The Benghazi Scandal Is Obama’s Watergate But Worse” – was written in an effort to seek and uncover the truth. Accurate reporting on major world events is a challenge in today’s world where propaganda and disinformation are mainstream media norms and where virtually all major players in American politics simply lie through their teeth every time they open their mouths in constant effort to look good and cover up the truth. The American public knows this pathetic and sobering fact that deception has come to rule in the world of both politics and the media. People today neither believe their newscasters nor their political leaders. That is why examining the content of the tidal wave of assertions and opinions spewing forth from politicians and pundits in the aftermath of the latest Benghazi revelations must be taken with a grain of salt. Again, truth in today’s world is hard to come by. But as an investigative reporter, presenting a brief overview of recent comments and statements for any informed citizen to process and digest seems a worthwhile and important enterprise.
  • A timeline of recently unfolding events: On 10/12/12 exactly one month after the Benghazi incident, the legal conservative group Judicial Watch filed a Freedom of Information Act request seeking documents related to the Benghazi attack on September 11th, 2012 that killed the US Ambassador to Libya Christopher Stevens and three other Americans. Obama, who had campaigned on a promise of transparency in the criminal wake of the Bush regime, has proven to be anything but open and transparent. Having to sue the US government for access to the records, on April 18th, 2014, a full year and a half later, the Obama administration’s stonewalling ultimately failed and Judicial Watch successfully got hold of 41 State Department Benghazi related documents. Emails between high level White House officials discussing damage control strategies in the immediate aftermath of the Benghazi assault were released last week. Jubilant Republicans are now calling one of those emails their “smoking gun,” believing it is so incriminating that it will do in their would-be opponent Hillary Clinton from potentially competing in the 2016 presidential election.
  • The newly declassified email written by Obama’s then Deputy Strategic Communications Adviser Ben Rhodes specifically directed then UN Ambassador Susan Rice in preparation for her Sunday morning talk show appearances on September 16th, 2012 to explain the administration’s take on what it knew of the Benghazi murders. Rhodes advised Rice to attribute the Benghazi uprising as “rooted in an Internet video, and not a failure of policy,” pushing talking points designed to bolster Obama’s presidential image as a cool-as-a-cucumber-under-fire kind of wise and benevolent leader and statesman. The major emphasis of the email instructed Rice to blame the bogus anti-Moslem video as inciting a spontaneous protest like in other countries in the region that apparently grew violently out of control, of course all the while knowing that that was a boldface lie. This crucial piece of evidence proves that President Obama and Secretary of State Hillary Clinton both knew that the video did not cause the attack but that they chose to willfully deceive the American public in order to protect their own political careers and hence was born the infamously never ending Benghazi cover-up. Obama and Hillary withheld this damning email evidence even from the House Oversight Committee led by Congressman Darrel Issa (R-CA) requesting all documents pertaining to Benghazi more than a year ago. With the presidential election less than two months away at the time of the attack, Obama and Hillary were determined at all cost to keep hidden from Americans the real truth of criminal Benghazi activity they were guilty of engaging in during the months leading up to the attack. Last Thursday an angry Issa subpoenaed current Secretary of State John Kerry to appear before the committee on May 21st to further explain why those critical State Department records recently given to Judicial Watch were not among the 3200 documents originally handed over to his committee well over a year ago.
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  • Investigative reporter Kenneth R. Timmerman as author of a new forthcoming book entitled ‘Dark Forces: The Truth About What Happened in Benghazi’ states: We know that orders were issued, then recalled, to deploy a 50-man Special Forces unit from Croatia that could have reached Benghazi within hours.Timmerman concludes that to date no documents revealing the person who ordered that unit to stand down have yet to surface.
  • Within hours of the general’s testimony came rebukes from both the senior Republican and Democrat on the powerful House Armed Services Committee making claims backing the administration’s that the military was incapable of responding in time to assist the ill-fated Americans in Benghazi. Because they represent the military in Congress that had already drawn the conclusion that nothing tactically could have been done to save the four Americans, they were quick to rebut the general’s testimony. Yet the day before 9/11 every year since 9/11/01 including on 9/10/11, the president meets with top military and security personnel to ensure that US embassies around the globe are bolstered with much needed extra security for 9/11 readiness. Yet the Benghazi compound was so insecure despite repeated requests, both Obama and the military apparently failed to have any military units on standby that could reach Benghazi to be of service on the night of 9/11/12. And this comes after intelligence sources have been reporting insufficient security at the Benghazi embassy compound.
  • Another disclosure at last Thursday’s House Oversight Committee hearing further damaging the credibility and actions of the Obama administration came from retired Air Force General Robert Lovell who at the time of Benghazi was in Germany serving as the senior African Command deputy director for intelligence. Lovell testified, “We should have sent help,” adding that the White House decision not to attempt military assistance due to the time factor was unacceptable. Lovell also stated unequivocally that the military knew that the Benghazi attack had nothing to do with the video falsely used by the administration to explain away the tragedy. The ex-general felt his military should have intervened and was waiting all night long for the call that never came from his bosses in Washington. Clearly he feels a sense of remorse and regret over the passivity imposed on him by his commander-in-chief Obama and State Department head Clinton.
  • Meanwhile, last week in a heated exchange with ABC correspondent Jon Karl a visibly agitated White House Press Secretary Jay Carney insisted that Rhodes’ email was not related to Benghazi at all but referred to the Moslem protests generally taking place in the region in response to the video. The next day Fox reporter Ed Henry engaged Carney on the same issue, eliciting the same haranguing reaction. All this appears to be yet more desperate lies in a feeble attempt to cover his bosses’ Obama and Hillary’s asses called criminal guilt, and by so doing committing his own. Carney had been among the original recipients of Rhodes’ email. Carney further explained that the same Rhodes talking points echoed those delivered earlier to Congress and the White House by deputy CIA director Mike Morell who a month ago claimed he received no pressure or influence from anyone in the Obama administration in coming up with his version of what most likely transpired on 9/11/12 based on all CIA intelligence sources available at the time. Yet on his own Morell admitted to toning down the intelligence reports leading up to the Benghazi attack purposely so as to not appear to be an “I told you so” gesture that would offend Hillary and her State Department. That said, Hillary’s underling and rising star Victoria Nuland (the later promoted to profanity-speaking Assistant Secretary of State who played such a key role in the recent US backed fascist Ukrainan coup) objected to Morell’s talking points that in her mind leaned too heavily toward blaming her boss and their State Department for insufficient security at the Benghazi compound. Her words:
  • Why do we want Hill to start fingering Ansar Al Sharia [the known al Qaeda affiliated attackers that murdered the four Americans], when we aren’t doing that ourselves until we have the investigation results…and the penultimate point could be abused by Members to beat the State Department for not paying attention to Agency warnings so why do we want to feed that?… Concerned.Observe how the exclusive focus of all post-Benghazi interdepartmental correspondence from Rhodes’ to Morell’s to Nuland’s all center on appearance and potential perception to avoid CYA blame. Furthest down on their priority list is honest and truthful disclosure and self-accountability. Again, the name of the game in the world of politics is passing the buck whenever possible to minimize potential heat that comes with looking bad and maximizing looking good by any means or lies necessary. Benghazi perfectly illustrates all of this.
  • Based on the information finally coming to light all last week, last Friday House Speaker John Boehner (R-OH) called for a special select committee not unlike the one for Watergate to further investigate Benghazi. Representative Trey Gowdy (SC-R) has already been selected as its lead investigator. This grandstanding ploy seems a bit superfluous and redundant since the House Oversight Committee has ostensibly been trying to get to the bottom of Benghazi for nearly a year and a half, albeit thus far ineffective in its results, no help from the State Department’s prior email omissions. Not only is Benghazi the hot topic buzzing here in America, on that same day last Friday, more bullets was buzzing in Benghazi as well. Nine police security soldiers were gunned down by, you guessed it, the same murderers still remaining at large that were behind the 9/11/12 Benghazi attack – the militant group the US has for years labeled an al Qaeda affiliated terrorist organization Ansar al-Sharia. After massacring 31 peaceful demonstrators protesting outside the militants’ headquarters last June, last week’s massacre is a powerful statement showing that the terrorists are still in charge in Benghazi and immune from any accountability from the US installed puppet government either in Tripoli or Washington. They remain free men at large despite Obama’s promise to hunt them down and bring them to justice.
  • The senior Democratic House Intel Committee Representative Adam Schiff (D-CA) typifies the partisan Obama-Hillary politics games of each side racing to the media to point fingers at each other in their same old, same old blame game. On Sunday Schiff stated he does not want any Democrats to participate in the newly forming select committee that the Republican House Speaker Boehner has just recently called for, already naming its GOP chair. That is simply a game the Dems will refuse to play. Why? Because Republicans cannot make them. Sound familiar? Perhaps your 7-year old child might employ this same game strategy. Insider Dems like former White House advisor turned ABC analyst (and another original recipient of Rhodes’ infamous email) David Plouffe conveniently took to ABC’s Sunday morning On This Week with George Stephanopoulos crying foul even louder with their familiar “conspiracy” chant they customarily use to discredit any criticism leveled at the Obama administration. His cries reaching desperation this week accuse a “very loud, delusional minority” of Republicans of an obsessive politics game over Benghazi. Another all too familiar grade school tactic, whatever misbehavior you are accused of, simply accuse your enemy of the same offense, an old early childhood trick that you never need outgrow in the world of politics.
  • Still another indignant reaction hardcore defenders of Hillary and Obama are now quick to cite are the thirteen embassy attacks that occurred as so called “Benghazi’s on Bush’s watch” when not a peep was ever heard from the press. This straw house strategy is designed to show how Republicans and Fox News are hypocritical in their obsession to find dirt on Benghazi where they deny any exists. Yet this accusation seems to omit one very significant fact. Not one of those embassy attacks during the Bush regime resulted in any murdered Americans, much less four of them and one being a US Ambassador, something that has not happened in the last 32 years before Benghazi. The media circus demonizing partisan politics players on both sides epitomizes why the US government is so utterly broken, horribly dysfunctional, morally bankrupt and totally ineffective in addressing any and all of the most pressing problems facing America and the world today. The blame game is all they know. Yet in all their exaggeration, lies, name calling and finger pointing, not one of them is even addressing the pink elephant in the room.
  • Obama, Hillary and then CIA Director retired General Betrayus Petraeus were/are international gun running criminal outlaws of the worst kind, working with the very same al Qaeda terrorist bunch that murdered those four nearly forgotten Americans. US tax dollars were/are going into the pockets of Ansar al-Sharia and al Qaeda mercenaries that looted Muammar Kaddafi’s gold cache and enormous weapon arsenal that included chemical weapons as well as surface to air missiles. And Obama, Petraeus and 2016 presidential heir apparent Hillary were in deep over their heads under Hillary and Stevens’ State Department cover, shipping them from Benghazi through Turkey to Syria to covertly fight a war by proxy against Assad’s government forces. After more than three bloody years, to this day the US is still bent on destroying another sovereign nation posing absolutely no security threat to America. These are the war crimes constantly being committed by Obama, Petraeus and Hillary and their lies upon lies are unraveling at an accelerated clip with each passing month. Thus, expect to see more desperate acts of aggression from desperate despots who know that their jig is up. Yet desperate despots do not care how many humans they will take down with them. But justice for these longtime perpetrators of multiple crimes against humanity will be served in the end.
Paul Merrell

Tomgram: Nick Turse, How "Benghazi" Birthed the New Normal in Africa | TomDispatch - 0 views

  • Amid the horrific headlines about the fanatical Islamist sect Boko Haram that should make Nigerians cringe, here’s a line from a recent Guardian article that should make Americans do the same, as the U.S. military continues its “pivot” to Africa: “[U.S.] defense officials are looking to Washington’s alliance with Yemen, with its close intelligence cooperation and CIA drone strikes, as an example for dealing with Boko Haram.” In fact, as the latest news reports indicate, that “close” relationship is proving something less than a raging success.  An escalating drone campaign against al-Qaeda in the Arabian Peninsula (AQAP) has resulted in numerous dead “militants,” but also numerous dead Yemeni civilians -- and a rising tide of resentment against Washington and possibly support for AQAP.  As the Washington-Sana relationship ratchets up, meaning more U.S. boots on the ground, more CIA drones in the skies, and more attacks on AQAP, the results have been dismal indeed: only recently, the U.S. embassy in the country’s capital was temporarily closed to the public (for fear of attack), the insurgents launched a successful assault on soldiers guarding the presidential palace in the heart of that city, oil pipelines were bombed, electricity in various cities intermittently blacked out, and an incident, a claimed attempt to kidnap a CIA agent and a U.S. Special Operations commando from a Sana barbershop, resulted in two Yemeni deaths (and possibly rising local anger).  In the meantime, AQAP seems ever more audacious and the country ever less stable.  In other words, Washington’s vaunted Yemeni model has been effective so far -- if you happen to belong to AQAP.
  • One of the poorer, less resource rich countries on the planet, Yemen is at least a global backwater.  Nigeria is another matter.  With the largest economy in Africa, much oil, and much wealth sloshing around, it has a corrupt leadership, a brutal and incompetent military, and an Islamist insurgency in its poverty-stricken north that, for simple bestiality, makes AQAP look like a paragon of virtue.  The U.S. has aided and trained Nigerian “counterterrorism” forces for years with little to show.  Add in the Yemeni model with drones overhead and who knows how the situation may spin further out of control.  In response to Boko Haram’s kidnapping of 276 young women, the Obama administration has already sent in a small military team (with FBI, State Department, and Justice Department representatives included) and launched drone and "manned surveillance flights," which may prove to be just the first steps in what one day could become a larger operation.  Under the circumstances, it’s worth remembering that the U.S. has already played a curious role in Nigeria’s destabilization, thanks to its 2011 intervention in Libya.  In the chaos surrounding the fall of Libyan autocrat Muammar Qaddafi, his immense arsenals of weapons were looted and soon enough AK-47s, rocket-propelled grenades, and other light weaponry, as well as the requisite pick-up trucks mounted with machine guns or anti-aircraft guns made their way across an increasingly destabilized region, including into the hands of Boko Haram.  Its militants are far better armed and trained today thanks to post-Libyan developments.
  • All of this, writes Nick Turse, is but part of what the U.S. military has started to call the “new normal” in Africa.  The only U.S. reporter to consistently follow the U.S. pivot to that region in recent years, Turse makes clear that every new African nightmare turns out to be another opening for U.S. military involvement.  Each further step by that military leads to yet more regional destabilization, and so to a greater urge to bring the Yemeni model (and its siblings) to bear with... well, you know what effect.  Why doesn’t Washington?
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  • The U.S. Military’s New Normal in Africa A Secret African Mission and an African Mission that’s No Secret By Nick Turse What is Operation New Normal? 
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    With the kidnaped girls in Nigeria, the lid is beginning to come off the U.S. military's pivot to Africa, with violence exacerbated by the flood of weapons flowing from Libya and lately, funding from Qatar. The Washington Post has finally noticed that blowback from our military intervention throughout Africa is occurring. But TomDispatch's Nick Turse is the only western journalist who has been nipping at AFRICOM's heels, for more than a year, with a steady flow of leaked documents and hard-hitting reporting. If you are interested in backtracking this emerging regional war the U.S. has instigated in resource-rich Africa to send the Chinese government's investments in Africa packing, do a TomDispatch site search for "nick turse".      
Paul Merrell

Czech and Slovak Reservists Memorandum against NATO. "We Reject Fighting in NATO Ranks ... - 0 views

  • On January 19th 2015 the facebook group, which combines all members of the CSLA, PS, VMV, SNB in reserve or decommissioned, issued an important memorandum, which has become even more urgent in light of the situation today. A defensive back up location in the event that the group gets „disappeared“ from Facebook, the group of the same name exists on VK.com. as well. For the first time since the end of the 2nd World War we see a genuine threat of war yet again. Consequently, we consider it necessary to issue the following statement. We, the Czechoslovak soldiers in reserve, unanimously reject any participation in battles that are geopolitical acts of aggression of the global elite by way of NATO and the support of our governments. We swore to defend our homeland the Czech and Slovak Republics. We swore to protect the freedom and independence of our proud and sovereign nations, for which our ancestors laid down their lives in the world wars. We are guided by this oath in a civilian initiative to deal with a crisis situation. Freedom and independence is being jeopardized long time by a system of representative pseudo-democracy, where an elected representative does not have the obligation to advance the interests of voters and in practice, laws represent but the personal interests of the legislators, the interests of political parties and economic interest groups. Our homeland is under the pressure of global elites and economic interest groups, who are doing away with the power of citizens through a system of representative democracy.
  • Our deliberately flawed constitution and charter of rights and freedoms is being perverted and constitutional laws are violated by legislators themselves. Legislative power is being privatized, executive power is being politicized and judicial power corrupted by lobbying laws and pressure from our governments. The results are an unplayable public deficit, deindustrialization, the privatization of the republic’s property and defrauded budgets, food and energy dependence, the privatization of natural resources, pensions and the health of citizens. Our country has been unlawfully divided, looted, indebted, people enslaved and their families liquidated by repossession genocide, national infrastructure transferred into the hands of western corporations. Destructive chaos and despair dominates in the community. For this reason, we the Czechoslovak soldiers in reserve recognize our military oath and together we come with a vision for the defense of our nations. We unequivocally reject fighting in the ranks of NATO against the Russian federation or other Slavic nations and we likewise intend to stand up firmly through organized civilian pressure against the further liquidation of our democracy, freedom and independence. We are uniting in a crisis situation and by utilizing our civilian and military skills and expertise we intend to create sufficiently strong, organized civil pressure for the period of time necessary to assert our patriotic goals. We swore allegiance to our homeland, the Czech and Slovak Republics. We, the Czechoslovak reserve soldiers, will fulfill this oath!
  •  
    If true, U.S. hegemony and NATO just took another big hit. What if they gave a war and nobody came?
Gary Edwards

Where the Bank Bailout Went Wrong - NYTimes.com - 0 views

  •  
    Neil M. Barofsky was the special inspector general for the TARP program form 2008 until today, March 30th, 2011.  In this article he explains why TARP failed, even identifying the specific areas where the promises to Congress were outrageously circumvented by Federal Treasury Department.  Incredible indictment of Treasury, and how the big banks looted the taxpayers.  The banks foreclosure on the American Dream had the US Treasury Department serving taxpayers up on a silver platter.
Paul Merrell

West's antiquated unipolar world collides with the East's vision of a mulipolar future.... - 0 views

  • For years the West has been cultivating a proxy political machine inside of Ukraine for the purpose of peeling the nation away from its historical and socioeconomic ties to Russia. The deep relationship between Western corporate-financier interests on Wall Street and in London and the opposition in Ukraine are best summarized in PR Weeks “Analysis: PR gets trodden underfoot as sands shift in Ukraine.” In the article, the involvement of some of the most notorious corporate lobbying firms on Earth, including Bell Pottinger and the Podesta Group, are revealed to have been involved in Ukraine’s internal affairs since the so-called “Orange Revolution” in 2004 – a coup admittedly orchestrated by the West and in particular the US government.  The article chronicles (and defends) the continuing, unabated meddling of the West up to and including the most recent turmoil consuming Ukraine.    PR Week’s article revealed that heavily funded networks propping up the proxy regime in Kiev are sponsored by “individuals and private companies who support stronger EU-Ukraine relations.” It is these Western corporate-financier interests, not Ukrainian aspirations for “democracy” and “freedom,” that kicked off the “Euromaidan” mobs in the first place – and will be the driving force that misshapes and deforms the regions of western Ukraine now overrun by the West’s proxies.  To the east in Ukraine, people are prominently pro-Russian, sharing closer cultural, linguistic, and socioeconomic ties to Russia as well as long historical parallels. They have welcomed moves by Russia to counter the coup in Kiev and protect eastern Ukraine from the corrosive influence that will grow as the West further entrenches itself.
  • With the vacant chair of deposed Ukrainian President Viktor Yanukovych still warm, the tentacles of Western corporate-financier interests have already wound themselves around Kiev and have begun to squeeze.  Chevron, which had signed a multi-billion dollar deal with Ukraine in November, 2013, was operating in the west of Ukraine, and alongside other Western energy giants such as ExxonMobil and Shell. The deals were part of President Yanukovych’s apparent gravitation toward the West and impending integration with the EU which was then suddenly overturned in favor with re-cementing ties with Russia. Western oil giants clearly saw the benefit of backing a putsch that would leave the western half firmly in the orbit of the US, UK, and EU. They can not only continue their business on the western edge of Ukraine, but expand their interests unabated across the country now that a capitulating, puppet regime sits in Kiev.   While Western big-oil plans to move in and siphon billions, the International Monetary Fund (IMF) is already planning deep cuts in social benefits as part of a staggering austerity regime to restructure financially the seized western region of Ukraine, and if possible, all of Ukraine proper.
  • RT reported in its article, “Pensions in Ukraine to be halved – sequestration draft,” that: The self-proclaimed government in Kiev is reportedly planning to cut pensions by 50 percent as part of unprecedented austerity measures to save Ukraine from default. With an “empty treasury”, reduction of payments might take place in March.  According to the draft document obtained by Kommersant-Ukraine, social payments will be the first to be reduced. The proxy regime set up in Kiev has already indicated its eager acceptance to all IMF conditions. The fate of western Ukraine will be no different than other members of the European Union preyed upon by the corporate-financier interests that created the supranational consolidation in the first place. The reduction of a multipolar Europe into a unipolar, supranational consolidation which can be easily and collectively looted is a microcosm of what the West’s Fortune 500 plan as part of their global unipolar order.  
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  • The natural resources, human capital, and geopolitical advantages found within the borders of Ukraine, will now become the natural resources, human capital, and geopolitical advantages of Chevron, BP, Monsanto, a myriad of defense contractors, telecom corporations, and other familiar brands seen marauding across the planet leaving in its wake destitution, socioeconomic disparity, and perpetual division they intentionally sow in order to protect their holdings from any form of unified or organized opposition.    No matter how obvious the West’s game may be to some, had Ukraine fallen entirely under the control of Western interests, a multitude of excuses could and would have been peddled to explain the unraveling of Ukrainian society in terms that would exonerate the corporate-financier interests truly driving the crisis. But Ukraine has not entirely fallen to the West, and because of that, the planned decimation of western Ukraine, its economy, and its sovereignty will stand out in stark contrast to the eastern region that has remained beyond the West’s reach and within the orbit of Russia’s multipolar vision of the future.  
Paul Merrell

US military denied treatment to soldiers exposed to chemical weapons in Iraq (+video) -... - 0 views

  • The New York Times's C.J. Chivers has dropped a bombshell of a scoop that details 17 US troops and seven Iraqi policemen who were exposed to old chemical weapons in Iraq, some of whom were declined appropriate medical care and service awards on the grounds of secrecy.If Mr. Chivers' reporting holds up – and there's little reason to doubt his deeply-reported piece – this is a scandal that eclipses long waits and poor funding at VA hospitals in the US. Sure, far fewer people were affected by exposure to mustard agents or sarin in Iraq, but these allegations represent enormous callousness and a direct breach of trust with soldiers.
  • Jarrod L. Taylor, a former Army sergeant on hand for the destruction of mustard shells that burned two soldiers in his infantry company, joked of “wounds that never happened” from “that stuff that didn’t exist.” The public, he said, was misled for a decade. “I love it when I hear, ‘Oh there weren’t any chemical weapons in Iraq,’” he said. “There were plenty.” That chemical weapons from before the first Gulf War remained in Iraq was an operating assumption at the time the US invaded the country in 2003 and was established fact by the end of that year. But, while the US made the search for evidence of ongoing chemical, nuclear, and biological weapons programs a priority (it failed to find any), disposing of whatever they did find apparently was not.
  • The American government withheld word about its discoveries even from troops it sent into harm’s way and from military doctors. The government’s secrecy, victims and participants said, prevented troops in some of the war’s most dangerous jobs from receiving proper medical care and official recognition of their wounds. “I felt more like a guinea pig than a wounded soldier,” said a former Army sergeant who suffered mustard burns in 2007 and was denied hospital treatment and medical evacuation to the United States despite requests from his commander. Congress, too, was only partly informed, while troops and officers were instructed to be silent or give deceptive accounts of what they had found. “ 'Nothing of significance’ is what I was ordered to say,” said Jarrod Lampier, a recently retired Army major who was present for the largest chemical weapons discovery of the war: more than 2,400 nerve-agent rockets unearthed in 2006 at a former Republican Guard compound.
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  • That's the central issue in Chivers' piece, which is hard to read in full without mounting anger. But the following four graphs contain the nut of the scandal here, as I see it (emphasis mine): 
  • In the first year of the US-led war, the military didn't have the manpower to secure all of the hundreds of conventional weapons bunkers that littered the country. The shells, RPGs, and rifles that were looted from these bunkers were put to use by the then-growing Iraqi insurgency to attack both foreign soldiers and the new government in Baghdad.Chivers' story details how as late as 2008, US soldiers were involved in the secret destruction of chemical weapons in ways that violate the protocols set out in the United Nations's Convention on Chemical Weapons. The lax US approach appears to have led to the exposure of the soldiers – and it left behind an unknown quantity of old chemical weapons, some possibly in the hands of anti-government insurgents like the so-called Islamic State. The US knew it was leaving old chemical weapons behind when soldiers withdrew from the country at the end of 2011. Neither the Bush nor the Obama administrations had ever made their destruction a priority. 
  • Much of the reaction to the story has missed the central point, distracted by partisan finger pointing. Fox News predictably frames the story as "There were chemical weapons in Iraq after all." No. This is not news – and the possible existence of old sarin and mustard agent shells inside the country was not the reason that the Bush administration presented for going to war. Folks on the left have focused on the fact that these old chemical weapons were US "designed." That isn't really news either (nor that the US was notably silent about Saddam Hussein's use of chemical weapons during the Iran-Iraq war).The story is an enormous breach of trust between the US and its own soldiers. It starts with the officers and the members of the Bush administration involved, whose names the story doesn't give.
Paul Merrell

ISIS: Made in Washington, Riyadh - and Tel Aviv by Justin Raimondo -- Antiwar.com - 0 views

  • The Islamic State in Iraq and Syria (ISIS) is being touted as the newest "threat" to the American homeland: hysterics have pointed to Chicago as the locus of their interest, and we are told by everyone from the President on down that if we don’t attack them – i.e. go back into Iraq (and even venture into Syria) to root them out – they’ll soon show up on American shores.
  • If we step back from the hysteria generated by the beheading of US journalist James Foley, what’s clear is that this new bogeyman is the creation of the United States and its allies in the region. ISIS didn’t just arise out of the earth like some Islamist variation on the fabled Myrmidons: they needed money, weapons, logistics, propaganda facilities, and international connections to reach the relatively high level of organization and lethality they seem to have achieved in such a short period of time. Where did they get these assets? None of this is any secret: Saudi Arabia, Qatar, and the rest of the oil-rich Gulf states have been backing them all the way. Prince Bandar al-Sultan, until recently the head of the Kingdom’s intelligence agency – and still the chief of its National Security Council – has been among their biggest backers. Qatar and the Gulf states have also been generous in their support for the Syrian jihadists who were too radical for the US to openly back. Although pressure from Washington – only recently exerted – has reportedly forced them to cut off the aid, ISIS is now an accomplished fact – and how can anyone say that support has entirely evaporated instead of merely going underground?
  • Washington’s responsibility for the success of ISIS is less direct, but no less damning. The US was in a de facto alliance with the groups that merged to form ISIS ever since President Barack Obama declared Syria’s Bashar al-Assad "must go" – and Washington started funding Syrian rebel groups whose composition and leadership kept changing. By funding the Free Syrian Army (FSA), our "vetted" Syrian Islamists, this administration has actively worked to defeat the only forces capable of rooting out ISIS from its Syrian nest – Assad’s Ba’athist government. Millions of dollars in overt aid – and who knows how much covertly? – were pumped into the FSA. How much of that seeped into the coffers of ISIS when constantly forming and re-forming chameleon-like rebel groups defected from the FSA? These defectors didn’t just go away: they joined up with more radical – and militarily effective – Islamist militias, some of which undoubtedly found their way to ISIS. How many ISIS cadres who started out in the FSA were trained and equipped by American "advisors" in neighboring Jordan? We’ll never know the exact answer to that question, but the number is very likely not zero – and this Mother Jones piece shows that, at least under the Clinton-Petraeus duo, the "vetting" process was a joke. Furthermore, Senator Rand Paul (R-Kentucky) may have been on to something when he confronted Hillary with the contention that some of the arms looted from Gaddafi’s arsenals may well have reached the Syrian rebels. There was, after all, the question of where that mysterious "charity ship," the Al Entisar, carrying "humanitarian aid" to the Syrian rebels headquartered in Turkey, sailed from.
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  • Secondly, the open backing by the US of particular Syrian rebel groups no doubt discredited them in the eyes of most Islamist types, driving them away from the FSA and into the arms of ISIS. When it became clear Washington wasn’t going to provide air support for rebel actions on the ground, these guys left the FSA in droves – and swelled the ranks of groups that eventually coalesced into ISIS. Thirdly, the one silent partner in all this has been the state of Israel. While there is no evidence of direct Israeli backing, the public statements of some top Israeli officials lead one to believe Tel Aviv has little interest in stopping the ISIS threat – except, of course, to urge Washington to step deeper into the Syrian quagmire.
  • In a recent public event held at the Aspen Institute, former Israeli ambassador to the US Michael Oren bluntly stated that in any struggle between the Sunni jihadists and their Iranian Shi’ite enemies, the former are the "lesser evil." They’re all "bad guys," says Oren, but "we always wanted Bashar Assad to go, we always preferred the bad guys who weren’t backed by Iran to the bad guys who were backed by Iran." Last year, Sima Shine, Israel’s Minister of Strategic Affairs, declared: "The alternative, whereby [Assad falls and] Jihadists flock to Syria, is not good. We have no good options in Syria. But Assad remaining along with the Iranians is worse. His ouster would exert immense pressure on Iran." None of this should come as much of a surprise to anyone who has been following Israel’s machinations in the region. It has long been known that the Israelis have been standing very close to the sidelines of the Syrian civil war, gloating and hoping for "no outcome," as this New York Times piece put it.
  • Israel’s goal in the region has been to gin up as much conflict and chaos as possible, keeping its Islamic enemies divided, making it impossible for any credible challenge to arise among its Arab neighbors – and aiming the main blow at Tehran. As Ambassador Oren so brazenly asserted – while paying lip service to the awfulness of ISIS and al-Qaeda – their quarrel isn’t really with the Arabs, anyway – it’s with the Persians, whom they fear and loathe, and whose destruction has been their number one objective since the days of Ariel Sharon. Why anyone is shocked that our Middle Eastern allies have been building up Sunni radicals in the region is beyond me – because this has also been de facto US policy since the Bush administration, which began recruiting American assets in the Sunni region as the linchpin of the Iraqi "surge." This was part and parcel of the so-called "Sunni turn," or "redirection," in Seymour Hersh’s phrase, which, as I warned in 2006, would become Washington’s chosen strategy for dealing with what they called the "Shia crescent" – the crescent-shaped territory spanning Iran, Iraq, Syria, and parts of Lebanon under Hezbollah’s control, which the neocons began pointing to as the Big New Threat shortly after Saddam Hussein’s defeat.
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    If one were to attempt to write the most damning yet throughly referenced report on U.S. involvement with ISIL, this manuscript would make a very good first draft.  But probably unintentionally, the author gives less credit to Israel than it is due. At least twice (and I think more but would have to check), the Israeli Air Force has struck Syria, destroying Russian heavy weaponry, missiles capable of reaching Israel, being delivered to the Lebanonese Hezbollah in Syria. Hesbollah is fighting side-by-side with the Syrian government forces in Syria. So Israel has had a direct and overt hand in the Syrian war. 
Paul Merrell

Why Obama is bombing the Caliph - RT Op-Edge - 0 views

  • This is the way the multi-trillion dollar Global War on Terror (GWOT) ends: not with a bang, but with a bigger bang. The GWOT, since its conceptualization 13 years ago, in the aftermath of 9/11, is the gift that keeps on giving. And no gift is bigger than a Transformer Al-Qaeda on steroids – bigger, brasher, and wealthier than anything Osama Bin Laden and Ayman al-Zawahiri had ever dreamt of; the IS (Islamic State, formerly known as ISIS) of Caliph Ibrahim, former Abu Bakr al-Baghdadi. US President Barack Obama, before deploying his golf holidays in Martha’s Vineyard, casually dropped that bombing the Caliph’s goons in Iraq will take months. One may interpret it as another layer of the Obama administration’s self-avowed “Don't Do Stupid Stuff” foreign policy doctrine, not so subtly mocked by prospective presidential candidate Hillary Clinton. Shock and Awe in 2003 destroyed the whole of Baghdad’s infrastructure in only a few hours. Obama also confirmed the US was showering Iraq again with humanitarian bombing “to protect American interests” (first and foremost) and, as an afterthought, “human rights in Iraq.” One could not possibly expect Obama to declare the US would now bomb “our” allies the House of Saud, who have supported/financed/weaponized IS, in Syria and Iraq. The same erstwhile ISIS that thoroughly enjoyed the marvels of US military training in a secret base in Jordan.
  • Obama also could not possibly explain why the US always supported ISIS in Syria and now decides to bomb them in Iraq. Oh, the perils of ‘Don’t Do Stupid Stuff’. So a quick translation applies.
  • Obama’s bombing of the Caliph’s goons has absolutely nothing to do with US ambassador to the UN Samantha Power’s much beloved R2P (‘responsibility to protect’) doctrine – as in the responsibility to protect up to 150,000 Yazidis, not to mention Kurds and remaining Christians, from a ‘potential’ genocide carried out by the Caliph’s goons. The whole fighter jets + drones bombing exercise, lasting ‘months’, has to do with the Benghazi syndrome. The Caliph’s goons were dead set on conquering Irbil - the capital of Iraqi Kurdistan. The Kurdistan Regional Government (KRG) is led by the wily Massoud Barzani – a long-time US client/vassal. The US maintains a consulate in Irbil. Crammed with CIA types. Or, as the New York Times so lovingly puts it, “thousands of Americans.” Enter Benghazi. This is an electoral year. Obama is absolutely terrified of another Benghazi – which Republicans have been trying non-stop to blame on his administration’s incompetence. The last thing Obama needs is the Caliph’s goons killing ‘diplomats’ in Erbil. That would certainly raise a tsunami of questions all over again about the shady CIA weapon-smuggling racket – as in arming Syrian ‘rebels’ with weapons from Libya - at the time Benghazi took place. As secretary of state, Hillary Clinton, of course, also knew about it all. But then, and especially now, no one should know that the CIA was weaponizing the bulk of the future Caliph’s forces.
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  • Obama said this humanitarian bombing adventure could last “months,” but in fact it could last only days. The price is cheap: regime change. As in former Iraqi Prime Minister Nouri al-Maliki blocked from having a third term. That explains why all hell broke loose in Baghdad, as Iraqi parliamentarians clearly saw which way the wind is blowing. Haider al-Abadi was chosen by new President Fuad Masoum, a Kurd, as the new prime minister – hours after Maliki positioned Special Forces in strategic sites in and around the Green Zone and may (or may not) have tried to stage a coup. Maliki maintains that Masoum violated the Iraqi constitution by not selecting him to form a new cabinet; after all, his State of Law bloc got the most votes in last April’s parliamentary elections.
  • Obama, predictably, was delighted. But whatever happens next, Maliki won’t go down quietly – to say the least. Even as the predominant narrative among Sunnis, a substantial number of Kurds and even some Shiite political blocs is that Maliki antagonized Sunnis all-out; and that’s what drove them to support the Caliph en masse (although now many are having second thoughts.) As for the KRG and Barzani, in the Obama administration scheme of things, what matters is that they should not declare independence. As long as Barzani promises to Obama that Kurdistan stays inside Iraq, the KRG will get more bombs and drones and the ‘humanitarian’ operation will speed up. US Special Forces are already deployed all over the huge area where the Caliphate borders the KRG, in so-called desert forward operating positions. And the US for all practical purposes is now the Iraqi Air Force against the Caliph. Watch ‘the Hillarator’ This Obama administration warped R2P – protection for Americans first, refugees second – will accomplish nothing for a key reason; no bombing – ‘humanitarian’ or otherwise - exterminates a political/religious movement, even one as demented as IS. The Caliphate prospers, somewhat, and expands, because unlike that pathetic Free Syrian Army (FSA) it’s winning territory, desert and urban, in both Syria and Iraq; an area bigger than Great Britain already, holding at least 6 million people.
  • As for the much-peddled Washington myth of ‘good’ and ‘bad’ jihadists, the Caliphate also exploded it. Virtually every jihadi Washington - and Riyadh – weaponized and trained in Jordan and in the Turkey-Syria border is now among the Caliph’s goons, wallowing in cash raised from oil smuggling, hardcore blackmail and ‘donations’, and weaponized to their teeth after looting four Iraqi divisions and a Syrian brigade. As for the GWOT gift, it will keep on giving in a bigger and bigger bang because of the dream narrative now displayed for every aspiring multinational jihadi; we are now defending our Caliphate from the mighty Crusader Air Force, no less. The US lost the war in Iraq, miserably, only nine days after the fall of Baghdad, in April 2003. No ‘humanitarian’ bombing will turn it into a victory. And no ‘humanitarian’ bombing will finish the Caliphate off. As for prospective presidential candidate Hillary Clinton, she’s taking no prisoners. She insists the US should have bombed Syria in the first place; then there would be no Caliphate. But now she worries the Caliph will attack Europe and even the US (“I’m thinking a lot about containment, deterrence and defeat”). Predictably positioning herself, Clinton could not but totally dismiss Obama’s foreign policy doctrine, a.k.a. ‘Don’t do stupid stuff’: “‘Don’t do stupid stuff’ is not an organizing principle.” So the world will have to wait until 2017, when she’s finally able to implement her own doctrine/organizing principle: “We came, we saw, he died.”
  • This is the way the multi-trillion dollar Global War on Terror (GWOT) ends: not with a bang, but with a bigger bang. The GWOT, since its conceptualization 13 years ago, in the aftermath of 9/11, is the gift that keeps on giving. And no gift is bigger than a Transformer Al-Qaeda on steroids – bigger, brasher, and wealthier than anything Osama Bin Laden and Ayman al-Zawahiri had ever dreamt of; the IS (Islamic State, formerly known as ISIS) of Caliph Ibrahim, former Abu Bakr al-Baghdadi. US President Barack Obama, before deploying his golf holidays in Martha’s Vineyard, casually dropped that bombing the Caliph’s goons in Iraq will take months. One may interpret it as another layer of the Obama administration’s self-avowed “Don't Do Stupid Stuff” foreign policy doctrine, not so subtly mocked by prospective presidential candidate Hillary Clinton. Shock and Awe in 2003 destroyed the whole of Baghdad’s infrastructure in only a few hours. Obama also confirmed the US was showering Iraq again with humanitarian bombing “to protect American interests” (first and foremost) and, as an afterthought, “human rights in Iraq.”
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    "Enter Benghazi. This is an electoral year. Obama is absolutely terrified of another Benghazi - which Republicans have been trying non-stop to blame on his administration's incompetence. The last thing Obama needs is the Caliph's goons killing 'diplomats' in Erbil. "That would certainly raise a tsunami of questions all over again about the shady CIA weapon-smuggling racket - as in arming Syrian 'rebels' with weapons from Libya - at the time Benghazi took place. As secretary of state, Hillary Clinton, of course, also knew about it all. But then, and especially now, no one should know that the CIA was weaponizing the bulk of the future Caliph's forces." Yup. It's the same reason that the House investigation of the Benghazi incident will never punch through to the truth. The War Party doesn't want its Benghazi CIA ratline for Libyan weapons to Turkey being exposed because that leads directly to the fact that ISIS is a U.S.-Saudi creation. Remember Wayne Madsen's article on why Obama backed down from his planned missile and bombing attack on Syria after the Ghouta false flag Sarin attack in August 2013: ""Some within the Pentagon ranks are so displeased with Obama's policies on Syria, they have let certain members of Congress of both parties know that «smoking gun» proof exists that Obama and CIA director John O. Brennan personally authorized the transfer of arms and personnel from Al-Qaeda-linked Ansar al Sharia Islamist rebels in Libya to Syria's Jabhat al Nusra rebels, who are also linked to Al Qaeda, in what amounts to an illegal «Iran-contra»-like scandal." http://www.strategic-culture.org/news/2013/09/04/american-generals-stand-between-war-and-peace.html And the detailed confirmation that events had actually transpired in accordance with that plan by Yossef Bodansky - Director of the Congressional Task Force on Terrorism and Unconventional Warfare of the US House of Representatives from 1988 to 2004 and the center of an enormous global
Paul Merrell

The UN Congo Offensive: A Continent Betrayed | nsnbc international - 0 views

  • On January 5, 2015 the United Nations announced that offensive operations by its forces, known as MONUSCO, along with Congolese army elements, are being prepared against the Democratic Forces For the Liberation of Rwanda (FDLR) based in the east of the Republic of Congo (DRC). This follows a Security Council statement of October 3, 2014 calling for the neutralization of the FDLR if they did not surrender, which itself followed a demand by the International Conference of the Great Lakes Region, and the South African Development Community made on July 2nd last year that the FDLR demobilise.
  • The Security Council “rejected any call for political dialogue” and went on to call the FDLR a group of war criminals. This rejection of dialogue based on a false characterization of the FDLR and on a false history of the events in Rwanda and central Africa for the past twenty years is itself a violation of Chapter 1, Article 1 of the UN Charter that states that the purposes of the United Nations are to “maintain peace and security …and to bring about by peaceful means…settlement of international disputes or situations which might lead to a breach of the peace.” It is also surprising since the UN’s own Mapping Exercise Report of 2010 which examined crimes against humanity and war crimes committed against Hutu refugees in the DRC between 1996 and 2003 described countless mass atrocities and massacres of those refugees by Rwandan, Burundian, Ugandan and allied forces, amounting to genocide against the Hutus. Those massacres have not stopped since 2003 as several proxy forces of the Rwandans and Ugandans, using various names, and claiming to be Congolese rebels, have continued attacks on Hutus in the DRC as well as on Congolese who got in the way of their objective of looting the resources of the region.
  • The FDLR is the only force trying to protect Hutu refugees in the DRC from being totally exterminated by the Rwandan and Ugandan forces, the same forces that attacked and pillaged Rwanda between 1990 and 1994 and that have slaughtered several million more Hutus and Congolese since. Because the FDLR is the only effective armed political opposition to the military dictatorship of Paul Kagame and his Rwandan Patriotic Front (RPF), it is a clear threat to the countries that have mining and resource interests in the DRC and who have been using Uganda and Rwanda as local enforcers to carry out their effective division of the country that makes it easier to control and exploit those resources. All the countries in the pan-African groups that called for the demobilisation of the FDLR have interests in the resources of the Congo region. All have an interest in continued war in the DRC, its continued division and weakness, and the destruction of any effective opposition to the forces assigned the role of carrying out that policy. This includes the DRC itself whose President, Joseph Kabila, is known to be a partner and agent of Kagame and rules the DRC not in the interests of the Congolese but in the interests of Kagame, Musuveni and their western masters.
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  • But then the UN has a lot to cover up. There was heartrending testimony by Hutu witnesses at the ICTR Military II trial describing the flight of 2 to 3 million Hutu refugees fleeing with the retreating Rwandan Armed forces into Zaire in July 1994, pursued by RPF units intent on exterminating them. The Rwandan government armed forces, disarmed by Congolese forces when they crossed the border, were unable to protect these Hutu refugees when, in 1996, and subsequently, the Rwandans and Ugandans attacked the Hutu refugee camps killing hundreds of thousands of unarmed civilians. The survivors were either forced into the forest or forced to return to Rwanda at gunpoint, on UN planes, only to be thrown into RPF prisons without charge, tortured, or killed en masse. Those who escaped through the forest told of being pursued day and night through thousands of kilometres of jungle and swamps by the RPF and stated that just before being shelled or attacked by those forces they saw spotter planes overhead with either US or UN markings. All the witnesses were consistent on this. Rwandan Army officers testified that they were surprised to see themselves under attack by UN forces in Kigali in support of the RPF in April 1994. A journalist testified that UN officers at Amohoro Stadium, in Kigali, where General Dallaire had his headquarters, stood by and did nothing as RPF soldiers, on a daily basis, selected Hutus seeking protection there, and shot them.
  • This pattern of UN complicity in the mass crimes committed by the RPF, Ugandan and allied western forces in the Rwandan war, has been followed ever since. The evidence is compelling that the CIA, US military forces, and UN peacekeeping forces in Rwanda in 1993-94, commanded by Canadian General Dallaire, were involved in helping the RPF overthrow the Rwandan interim government and in preparing the RPF’s final offensive launched on the night of April 6th when the Rwandan President’s plane was shot down by RPF missiles, killing two African heads of state, President Habyarimana of Rwanda and President Ntaryamira, of Burundi.
  • The Americans and British have been at the heart of the problem from 1990, when they supported the invasion of Rwanda by units of the Ugandan National Resistance Army (NRA), calling themselves the Rwandan Patriotic Front (RPF), and commanded by a senior ranking intelligence officer of the NRA, Paul Kagame. They supported 4 years of terrorist attacks against Hutus and local Tutsis by the RPF that included the attack on the town of Ruhengeri in February 1993 in which the RPF massacred 40,000 Hutu civilians before the government forces were able to recapture the town.
  • The ICTR prosecutor and the UNHCR also had in their possession a copy of a letter from Paul Kagame, written in August 1994, in which Kagame refers to a meeting with President Musuveni of Uganda and that their “plan for Zaire” was going forward, assisted by the Americans, British, and Belgians. The letter stated that the Hutus were in the way and must be removed at any cost. That letter says a lot and yet it was suppressed until 2009 when it was discovered in prosecution files. In fact that letter indicates that the wars in the DRC were planned long ago and the announcement of the new offensive against the FDLR is a continuation of that plan. Now the only force that exists to protect the Hutus, the FDLR, is going to be attacked again, by the UN. Once again, the Hutus are betrayed by the international community. The UN has lots of things to answer for in Rwanda and Congo and elsewhere and has long been used to further the interests of the west in Africa in general. That certain members of the Security Council, who should know better, go along with protecting those really responsible for the tragedy that is central Africa and Africa as a whole, and for the crimes committed there, is an indictment of the entire UN system.
  • It is ironic that on December 11, 2014th the UN general assembly voted to reopen the investigation into the death of the UN Secretary General Dag Hammarskjold who was killed in then Rhodesia when his plane went down near Ndola. The report of the investigative commission that examined new information stated that there is evidence that the plane was shot down by another aircraft and that the US and British and Belgian governments were likely involved. The death of Hammarskjold is intimately connected with the murder of Patrice Lumumba that led to the installation of Mobutu as President of Congo. We now know that the Rwanda war was the first phase of the greater war for control of the resources of the Congo basin, which was beginning to slip from the west, as Mobutu began to turn towards China. That long and terrible war is not over and it is the UN itself that wants to keep it going.
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    I've been hitting more and more information on the U.S., U.K. and Belgium's role in the infamous Hutu massacres in Rwanda and vicinity. Still ongoing. U.S. military forces in the area -- part of AFRICOM -- are ostensibly there to assist in fighting the "Christianist" Lord's Resistance Army.  
Paul Merrell

General says U.S. will 'consider' saving Iraqi antiquities being destroyed by the Islam... - 0 views

  • The Islamic State's destruction of cultural antiquities in Iraq has stepped up a notch recently, with members of the extremist group both bulldozing the 3,000-year-old Nimrud archaeological site near Mosul and ransacking the similarly ancient ruins of Hatra in the past few days. Now, the United States' top military officer has said the U.S.-led coalition against the Islamic State would "consider" intervening to protect such sites. But Gen. Martin Dempsey stopped far short of any promises – and added that any action would have to "fit into the priority of all the other things we're being asked to do on behalf of Iraq." Dempsey – who was on a day-long visit to Baghdad, Iraq, during which he was joined by reporters including The Post's Missy Ryan – made his remarks after Iraq's antiquities ministry acknowledged reports of a third attack, on the ancient city of Dur Sharrukin, and called on the international community to intervene to stop the Islamic State from  “erasing the history of humanity.”
  • “We have warned previously and warn now that these gangs with their sick, takfiri ideology will continue to destroy and steal artifacts as long as there is no strong deterrent, and we still await a strong international stand to stop the crimes of Daesh that are targeting the memory of humanity," the ministry said in a statement published by the Guardian, using the Arabic acronym for the group. Separately, Iraqi Tourism and Antiquities Minister Adel Shirshab told reporters that only the U.S.-led coalition had the power to protect these sites. "Our airspace is not in our hands. It's in their hands," Shirshab said on Sunday, according to Reuters, alleging that coalition aircraft could have monitored attacks on archaeological sites and prevented them.
  • The U.S. government is well aware of the threat to antiquities posed by ongoing violence in Iraq and Syria – last year, the U.S. Department of State and the American Schools of Oriental Research (ASOR) signed a deal to document that damage caused to Syria's cultural heritage sites. There have also been a number of internal attempts in Iraq and Syria to defend sites that might be at risk, including the covert work of a group of preservationists dubbed modern-day "Monuments Men."
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    The U.S. excuse to ramp up operations in Iraq and Syria?
Paul Merrell

Pambazuka - Egypt is calling the West's bluff over its phony war on ISIS - 1 views

  • As Egyptian President Sisi calls for more support in the fight against NATO-funded militias in Libya, the West’s refusal to back him raises the question of their ultimate aims in entering the region. The West is complicity in enabling ISIS to gain a strong foothold and further destabilise Libya, Syria and, potentially, Egypt.Western states are trumpeting ISIS as the latest threat to civilisation, claiming total commitment to their defeat, and using the group’s conquests in Syria and Iraq as a pretext for deepening their own military involvement in the Middle East. Yet as Libya seems to be following the same path as Syria – of ‘moderate’ anti-government militias backed by the West paving the way for ISIS takeover – Britain and the US seem reluctant to confront them there, immediately pouring cold water on Egyptian President Sisi’s request for an international coalition to halt their advances. By making the suggestion – and having it, predictably, spurned – Sisi is making clear Western duplicity over ISIS and the true nature of NATO policy in Libya.
  • On 29th August 2011, two months before the last vestiges of the Libyan state were destroyed and its leader executed, I was interviewed on Russia Today about the country’s future. I told the station: “There’s been a lot of talk about what will happen [in Libya after the ouster of Gaddafi] – will there be Sharia law, will there be a liberal democracy? What we have to understand is that what will replace the Libyan state won’t be any of those things. What will replace the Libyan state will be the same as what has replaced the state in Iraq and Afghanistan, which is a dysfunctional government, complete lack of security, gang warfare and civil war. And this is not a mistake from NATO. They would prefer to see failed states than states that are powerful and independent and able to challenge their hegemony. And people who are fighting for the TNC, fighting for NATO, really need to understand that this is NATO’s vision for their country.” Friends at the time told me I was being overly pessimistic and cynical. I said I hoped to God that they were right. But my experiences over a decade following the results of my own country (Britain)’s wars of aggression in places like Kosovo, Afghanistan and Iraq long after the mainstream media had lost interest, led me to believe otherwise.
  • Of course, it was not only me who was making such warnings. On March 6th 2011, several weeks before NATO began seven months of bombing, Gaddafi gave a prophetic interview with French newspaper Le Monde du Dimanche, in which he stated: “I want to make myself understood: if one threatens [Libya], if one seeks to destabilize [Libya], there will be chaos, Bin Laden, armed factions. That is what will happen. You will have immigration, thousands of people will invade Europe from Libya. And there will no longer be anyone to stop them. Bin Laden will base himself in North Africa and will leave Mullah Omar in Afghanistan and Pakistan. You will have Bin Laden at your doorstep.”
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  • his is the state of affairs NATO bequeathed to Libya, reversing the country’s trajectory as a stable, prosperous pan-African state that was a leading player in the African Union, and a thorn in the side of US and British attempts to re-establish military domination. And it is not only Libya that has suffered; the power vacuum resulting from NATO’s wholesale destruction of the Libyan state apparatus has dragged the whole region into the vortex. As Brendan O Neill has shown in detail, the daily horrors being perpetrated in Mali, Nigeria and now Cameroon are all a direct result of NATO’s bloodletting, as death squads from across the entire Sahel-Sahara region have been given free reign to set up training camps and loot weapons across the giant zone of lawlessness which NATO have sculpted out of Libya.
  • The result? African states that in 2010 were forging ahead economically, greatly benefitting from Chinese infrastructure and manufacturing investment, moving away from centuries of colonial and neo-colonial dependence on extortionate Western financial institutions, have been confronted with massive new terror threats from groups such as Boko Haram, flush with new weaponry and facilities courtesy of NATO’s humanitarianism. Algeria and Egypt, too, still governed by the same independent-minded movements which overthrew European colonialism, have seen their borders destabilised, setting the stage for ongoing debilitating attacks planned and executed from NATO’s new Libyan militocracy. This is the context in which Egypt is launching the regional fightback against NATO’s destabilisation strategy.
  • Over the past year in particular, Egyptians have witnessed their Western neighbour rapidly descending down the same path of ISIS takeover as Syria. In Syria, a civil war between a Western-sponsored insurgency and an elected secular government has seen the anti-government forces rapidly fall under the sway of ISIS, as the West’s supposed ‘moderates’ in the Free Syrian Army either join forces with ISIS (impressed by their military prowess, hi-tech weaponry, and massive funding) or find themselves overrun by them. In Libya, the same pattern is quickly developing. The latest phase in the Libyan disaster began last June when the militias who dominated the previous parliament (calling themselves the ‘Libya Dawn’ coalition) lost the election and refused to accept the results, torching the country’s airport and oil storage facilities as opening salvos in an ongoing civil war between them and the newly elected parliament. Both parliaments have the allegiance of various armed factions, and have set up their own rival governments, each controlling different parts of the country. But, starting in Derna last November, areas taken by the Libya Dawn faction have begun falling to ISIS. Last weekend’s capture of Sirte was the third major town to be taken by them, and there is no sign that it will be the last. This is the role that has consistently been played by the West’s proxies across the region – paving the way and laying the ground for ISIS takeover. Egyptian President Sisi’s intervention – airstrikes against ISIS targets in Libya - aims to reverse this trajectory before it reaches Iraqi-Syrian proportions.
  • The internationally-recognised Libyan government based in Tobruk – the one appointed by the House of Representatives that won the election last summer - has welcomed the Egyptian intervention. Not only, they hope, will it help prevent ISIS takeover, but will also cement Egyptian support for their side in the ongoing civil war with ‘Libya Dawn’. Indeed, Egypt could, with some justification, claim that winning the war against ISIS requires a unified Libyan government committed to this goal, and that the Dawn’s refusal to recognise the elected parliament , not to mention their ‘ambiguous’ attitude towards ISIS, is the major obstacle to achieving such an outcome. Does this mean that the Egyptian intervention will scupper the UN’s ‘Libya dialogue’ peace talks initiative? Not necessarily; in fact it could have the opposite effect. The first two rounds of the talks were boycotted by the General National Congress (GNC) - the Libya Dawn parliament- safe in the knowledge that they would continue to receive weapons and financing from NATO partners Qatar and Turkey whilst the internationally-recognised Tobruk government remained under an international arms embargo. As the UK’s envoy to the Libya Dialogue, Jonathan Powell, noted this week, the “sine qua non for a [peace] settlement” is a “mutually hurting stalemate”. By balancing up the scales in the civil war, Egyptian support military support for the Tobruk government may show the GNC that taking the talks seriously will be more in their interests than continuation of the fight.
  • Sisi’s call for the military support of the West in his intervention has effectively been rejected, as he very likely expected it to be. A joint statement by the US and Britain and their allies on Tuesday poured cold water on the idea, and no wonder – they did not go to all the bother of turning Libya into the centre of their regional destabilisation strategy only to then try to stabilise it just when it is starting to bear fruit. However, by forcing them to come out with such a statement, Sisi has called the West’s bluff. The US and Britain claim to be committed to the destruction of ISIS, a formation which is the product of the insurgency they have sponsored in Syria for the past four years, and Sisi is asking them to put their money where their mouth is. They have refused to do so. In the end, the Egyptian resolution to the UN Security Council (UNSC) on Wednesday made no mention of calling for military intervention by other powers, and limited itself to calling for an end to the one-sided international arms embargo which prevents the arming of the elected government but does not seem to deter NATO’s regional partners from openly equipping the ‘Libya Dawn’ militias. Sisi has effectively forced the West to show its hand: their rejection of his proposal to support the intervention makes it clear to the world the two-faced nature of their supposed commitment to the destruction of ISIS.
  • There are, however, deep divisions on this issue in Europe. France is deepening its military presence in the Sahel-Sahara region, with 3000 troops based in Chad, Niger, Burkina Faso and Mali and a massive new base opened on the Libyan border in Niger last October, and would likely welcome a pretext to extend its operations to its historic protectorate in Southern Libya. Italy, likewise, is getting cold feet about the destabilisation it helped to unleash, having not only damaged a valuable trading partner, but increasingly being faced with hundreds of thousands of refugees fleeing the horror and destitution that NATO has gifted the region. But neither are likely to do anything without UNSC approval, which is likely to continue to be blocked by the US and Britain, who are more than happy to see countries like Russian-allied Egypt and Chinese-funded Nigeria weakened and their development retarded by terror bombings. Sisi’s actions will, it is hoped, not only make abundantly clear the West’s acquiescence in the horrors it has created – but also pave the way for an effective fightback against them.
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    Now why would the U.S. and European powers oppose military intervention against ISIL in Libya if ISIL is in fact this force of unmitigated evil we hear about so often in American politics? Or is it a matter of who actually controls ISIL?  
Gary Edwards

Why GOP Bigwigs Fear Trump - Consortiumnews - 0 views

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

What Does Today's "Rate Hike" Mean? -- Paul Craig Roberts - PaulCraigRoberts.org - 0 views

  • Paul Craig Roberts The Federal Reserve raised the interbank borrowing rate today by one quarter of one percent or 25 basis points. Readers are asking, “what does that mean?” It means that the Fed has had time to figure out that the effect of the small “rate hike” would essentially be zero. In other words, the small increase in the target rate from a range of 0 to 0.25% to 0.25 to 0.50% is insufficient to set off problems in the interest-rate derivatives market or to send stock and bond prices into decline.
  • However, the fact of the matter is that the available liquidity exceeded demand in the old rate range. The purpose of raising interest rates is to choke off credit demand, but there was no need to choke off credit demand when the demand for credit was only sufficient to keep the average rate in the midpoint of the old range. This “rate hike” is a fraud. It is only for the idiots in the financial media who have been going on about a rate hike forever and the need for the Fed to protect its credibility by raising interest rates.
  • Thus, the rate hike has the effect of making smaller banks pay higher interest expense to the mega-banks favored by the Federal Reserve. A different way of putting it is that the “rate hike” favors banks sitting on excess reserves over banks who are lending to businesses and consumers in their community. In other words, the rate hike just facilitates more looting by the One Percent.
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