Group items tagged

And everyone else, the UN, the Holy See, the House of Saud, are just onlookers, even as several players, from the EU to India, China and Japan, can think of nothing but finally normalizing everything with Iran. The Syrian government, for its part, will be in Montreux; it had agreed to the conference long ago. Yet President Assad Laid down ; he will not 'Leave' , as President Barack Obama US demanded The. He will not Let the foreign-Sponsored 'Opposition' Take over. And he may even contest the next presidential elections. Assad went for the jugular when he said Geneva 2 Should be About His own 'War on Terror' . Terror, incidentally, widely supported by the West. So under this perspective, even Washington needs Assad not to go. The bottom line is that the only players who really want Assad to go are the House of Saud and the House of Thani in Qatar. Many in the West have now Realized Assad must Fight to Stay 'the Terrorists' .

What's even more farcical is what Ford may have told the SNC stalwarts - still subject to much debate across the Middle East. If Ford really Said That Bandar Bush's Strategy has Been A Total Failure (in Fact turning Syria into an Al-Qaeda Hub) then this points to the Obama Administration, for All Practical Purposes, Sharing the Same Objective as Assad's: Fighting 'Terror' . Still, Geneva 2 will not 'Solve' anything. Iran and Russia will keep supporting Damascus. The desert wasteland from Syria to Iraq will keep being occupied by Bandar Bush-supported and Gulf-supported hardcore sectarian jihadis. The war will keep spreading deeper into Lebanon. The government in Damascus won't collapse. The refugee crisis will soar. And the West Will Keep Striking A pose of Being Concerned with 'Terror' .

Of course, the success of Moscow's campaign to switch its trading to rubles or other regional currencies will depend on the willingness of its trading partners to get rid of the dollar. Sources cited by Politonline.ru mentioned two countries who would be willing to support Russia: Iran and China. Given that Vladimir Putin will visit Beijing on May 20, it can be speculated that the gas and oil contracts that are going to be signed between Russia and China will be denominated in rubles and yuan, not dollars. In other words, in one week's time look for not only the announcement of the Russia-China "holy grail" gas agreement described previously here, but its financial terms, which now appears virtually certain will be settled exclusively in RUB and CNY. Not USD. And as we have explained repeatedly in the past, the further the west antagonizes Russia, and the more economic sanctions it lobs at it, the more Russia will be forced away from a USD-denominated trading system and into one which faces China and India. Which is why next week's announcement, as groundbreaking as it most certainly will be, is just the beginning.

Shaked is certain to work hard to undermine Israel’s fragile legal system. She will also be heading the powerful Ministerial Committee for Legislation and the Judicial Appointments Committee, giving her even more leverage to eliminate a legal system that she sees as a bastion of the left. Moreover, she is very likely to be minister of justice when the next attorney general is appointed. Uri Ariel can be equally certain to press hard for as much settlement expansion—all over the West Bank and, especially, in East Jerusalem—as the available shekels and the defense minister, who will still be Moshe Ya’alon, will allow. I would rather not even think about what Bennett, the new minister of education, is going to do to the minds of Israeli students. Academia is also thought of as a bastion of the left in Israel, and the climate for free thought in Israeli institutions is certainly threatened now.

A Question of Longevity The real question about all of this is how long it will last. An ultra-right government like this one is not going to get along well with the Obama administration or most of Europe, although the Republican-led Congress is likely to fall in love with it. Some may hope that this will be a case of things getting so bad that political pressure for improvement must come. Sadly, such is not the history of Israel or of this conflict. Netanyahu will be spending the next few months trying to woo Isaac Herzog into the government, and this is what the whole game comes down to. If Herzog joins and creates a national unity government of 85 seats, this government will survive. The Labor Party, which makes up most of the Zionist Union, is unlikely to provide much of a counter to the right-wing majority. Much more likely is that, as has happened in the past, many of Labor’s Knesset members and other leaders will bolt the party rather than serve as a fig leaf for such a far-right government.

If Herzog does not join the government, this fourth Netanyahu government will not outlast Barack Obama’s presidency, and might not even come close. The right wing does not play well together, and it will take nothing more than a few well-timed votes of no-confidence to take down this government even if none of the parties bolts. Even that scenario, however, offers little hope. The last elections were hailed as a comeback for Labor, but the center and left still cannot form a coalition without the Joint List (a coalition of mostly Arab parties), and that remains anathema in Israeli politics. In fact, little changed in the left-right balance in the last elections, and that is showing no signs of turning around. It has never been clearer that positive change in Israel is going to require some sort of meaningful action by the United States and/or Europe. If that does not come, and it does not seem to be on the horizon, disaster looms.

“The court argued that an arrest warrant had become necessary for the legal procedure as the defendants had neither attended the trial nor responded to an invitation sent to them through the related department of the Turkish justice ministry,” reported Turkish daily Hurriyet on 30 May. The Turkish humanitarian group IHH (Humanitarian Relief Foundation), which sponsored and helped organize the aid flotilla in 2010 and has been helping to represent the families of those killed, stated in a press release last week that the ruling was a “positive outcome” for the relatives and loved ones of the ten Turkish citizens who were killed by Israeli attacks. Last year, as The Electronic Intifada reported, the prosecutor of Spain’s national court formally requested a judge to begin steps to refer a case against Israeli leaders for the attack to the International Criminal Court (ICC). Three Spanish citizens, Manuel Tapial, Laura Arau and David Segarra, were aboard the Mavi Marmara when it was attacked and commandeered. Tapial, Arau and Segarra filed the case against Israeli Prime Minister Benjamin Netanyahu, six ministers and Vice Admiral Eliezer Marom of the Israeli navy who led the attack.

However, we are optimistic, because Turkey is a democratic country. It is part of and is a signatory to the European extradition convention and signed to Interpol, and therefore all other countries who are also signatories to these conventions and institution have an obligation to indeed arrest these Israeli officials for whom the arrest warrants were issued. So we have to trust [this] and we have to keep our faith in this. And we also know that — remember that this trial started way back in 2012 — the Israeli soldiers wouldn’t travel around too much, especially not go to Turkey. We know that Israeli soldiers were complaining about this. For instance, there was a case of an Israeli soldier who filed a claim against the State of Israel because he wanted to study in the United States, but because he took part in this operation he could not set foot out of Israel. So because we know this, we are quite optimistic about the arrest warrants, that they will be in fact implemented by other countries.

NBF: Finally, what’s next in this case on behalf of now ten victims of Israel’s raid, how are you pushing forward in this case? RY: In December, there is going to be another hearing, and we’re just going to make sure that the entire world will know about this arrest warrant, that we will follow whether any of these four defendants steps foot outside of Israel. We have lawyers in different countries also working together, and in South Africa, in the UK, many, many countries more — they will also closely follow whether these four defendants will travel in these countries. And then if this is the case, we will immediately take action and make sure that if the country in which one of the four defendants steps foot refuses, or neglects to fulfill its obligation to arrest [the defendant], then we will make sure that that country will not get away with it. And we will push for it, and publicize this as much as we can.

Once DHS begins enforcing the REAL ID standards, Americans without a compliant state ID will be effectively prohibited from flying at a commercial airport. Passengers would need to obtain passports even to fly on planes that never leave the United States.

a few rose in opposition to REAL ID, including Congressman Ron Paul (R-TX), who was perhaps its most outspoken critic. Dr. Paul, a former presidential candidate, called REAL ID a “Trojan horse” which “transform[s] state drivers licenses into de facto national ID cards.” In an impassioned speech on the House floor on February 9, 2005, Paul laid out a number of specific objections to H.R. 418: The REAL ID Act establishes a national ID card by mandating that states include certain minimum identification standards on driver’s licenses. It contains no limits on the government’s power to impose additional standards. Indeed, it gives authority to the Secretary of Homeland Security to unilaterally add requirements as he sees fit.

Supporters claim it is not a national ID because it is voluntary. However, any state that opts out will automatically make non-persons out of its citizens. The citizens of that state will be unable to have any dealings with the federal government because their ID will not be accepted. They will not be able to fly or to take a train. In essence, in the eyes of the federal government they will cease to exist. It is absurd to call this voluntary. Republican Party talking points on this bill, which claim that this is not a national ID card, nevertheless endorse the idea that “the federal government should set standards for the issuance of birth certificates and sources of identification such as driver’s licenses.” So they admit that they want a national ID but at the same time pretend that this is not a national ID. This bill establishes a massive, centrally-coordinated database of highly personal information about American citizens: at a minimum their name, date of birth, place of residence, Social Security number, and physical and possibly other characteristics. What is even more disturbing is that, by mandating that states participate in the “Drivers License Agreement,” this bill creates a massive database of sensitive information on American citizens that will be shared with Canada and Mexico!

This bill could have a chilling effect on the exercise of our constitutionally guaranteed rights. It re-defines “terrorism” in broad new terms that could well include members of firearms rights and anti-abortion groups, or other such groups as determined by whoever is in power at the time. There are no prohibitions against including such information in the database as information about a person’s exercise of First Amendment rights or about a person’s appearance on a registry of firearms owners. REAL ID cards streamline the process for the centralization and federalization of our private biometric data, while offering very little true benefit. In the words of Congressman Ron Paul, the program “offers us a false sense of greater security at the cost of taking a gigantic step toward making America a police state.” Its difficult to argue otherwise when passports may soon be necessary to travel domestically.

No exception is indicated for “insured deposits” in the U.S., meaning those under $250,000, the deposits we thought were protected by FDIC insurance. This can hardly be an oversight, since it is the FDIC that is issuing the directive. The FDIC is an insurance company funded by premiums paid by private banks.

If our IOUs are converted to bank stock, they will no longer be subject to insurance protection but will be “at risk” and vulnerable to being wiped out, just as the Lehman Brothers shareholders were in 2008.  That this dire scenario could actually materialize was underscored by Yves Smith in a March 19th post titled When You Weren’t Looking, Democrat Bank Stooges Launch Bills to Permit Bailouts, Deregulate Derivatives.  She writes: In the US, depositors have actually been put in a worse position than Cyprus deposit-holders, at least if they are at the big banks that play in the derivatives casino. The regulators have turned a blind eye as banks use their depositaries to fund derivatives exposures. And as bad as that is, the depositors, unlike their Cypriot confreres, aren’t even senior creditors. Remember Lehman? When the investment bank failed, unsecured creditors (and remember, depositors are unsecured creditors) got eight cents on the dollar. One big reason was that derivatives counterparties require collateral for any exposures, meaning they are secured creditors. The 2005 bankruptcy reforms made derivatives counterparties senior to unsecured lenders.

One might wonder why the posting of collateral by a derivative counterparty, at some percentage of full exposure, makes the creditor “secured,” while the depositor who puts up 100 cents on the dollar is “unsecured.” But moving on – Smith writes: Lehman had only two itty bitty banking subsidiaries, and to my knowledge, was not gathering retail deposits. But as readers may recall, Bank of America moved most of its derivatives from its Merrill Lynch operation [to] its depositary in late 2011. Its “depositary” is the arm of the bank that takes deposits; and at B of A, that means lots and lots of deposits. The deposits are now subject to being wiped out by a major derivatives loss. How bad could that be? Smith quotes Bloomberg:

. . . Bank of America’s holding company . . . held almost $75 trillion of derivatives at the end of June . . . . That compares with JPMorgan’s deposit-taking entity, JPMorgan Chase Bank NA, which contained 99 percent of the New York-based firm’s $79 trillion of notional derivatives, the OCC data show. $75 trillion and $79 trillion in derivatives! These two mega-banks alone hold more in notional derivatives each than the entire global GDP (at $70 trillion).

Are you safe, then, if your money is in gold and silver? Apparently not – if it’s stored in a safety deposit box in the bank.  Homeland Security has reportedly told banks that it has authority to seize the contents of safety deposit boxes without a warrant when it’s a matter of “national security,” which a major bank crisis no doubt will be.

Another alternative was considered but rejected by President Obama in 2009: nationalize mega-banks that fail. In a February 2009 article titled “Are Uninsured Bank Depositors in Danger?“, Felix Salmon discussed a newsletter by Asia-based investment strategist Christopher Wood, in which Wood wrote: It is . . . amazing that Obama does not understand the political appeal of the nationalization option. . . . [D]espite this latest setback nationalization of the banks is coming sooner or later because the realities of the situation will demand it. The result will be shareholders wiped out and bondholders forced to take debt-for-equity swaps, if not hopefully depositors.

President Obama acknowledged that bank nationalization had worked in Sweden, and that the course pursued by the US Fed had not worked in Japan, which wound up instead in a “lost decade.”  But Obama opted for the Japanese approach because, according to Ed Harrison, “Americans will not tolerate nationalization.” But that was four years ago. When Americans realize that the alternative is to have their ready cash transformed into “bank stock” of questionable marketability, moving failed mega-banks into the public sector may start to have more appeal.

n the rest of the world, and for all of human history, the presumption has been that the individual was a slave or a subject to a higher authority. It might be the tribal chief; or the "divinely ordained" monarch who presumed to rule over and control people in the name of God; or, especially after the French Revolution and the rise of modern socialism, "the nation" or "the people" who laid claim to the life and work of the individual.

Governments did not exist to give or bestow "rights" or "privileges" at its own discretion.

The individual was presumed to own himself. He was "sovereign."

during the first 150 years of America's history there was virtually no Welfare State and relatively few government regulations, controls and restrictions on the choices and actions of the free citizen.

The individual was expected to see himself as belonging to something "greater" than himself. He was to sacrifice for "great national causes."

it is in the form of communism's and socialism's critique of capitalism.

And if it cannot be gotten and guaranteed through the redistributive mechanisms of the European Union and the euro, well, maybe we should return power to our own nation-states to provide the jobs, the social "safety nets" and the financial means to pay for it through, once again, printing our own national paper currencies.

Ludwig von Mises's book, Socialism: An Economic and Sociological Analysis, originally published in 1922, demonstrated how and why a socialist, centrally planned system was inherently unworkable.

Without such a price system the central planners are flying blind, unable to rationally know or decide how best to utilize labor, capital and resources in productively efficient ways to make the goods and services most highly valued by the consuming public.

As a consequence, financial markets do not work like real markets.

This is why countries around the world periodically experience booms and busts, inflations and recessions − not because of some inherent instabilities or "irrationalities" in financial markets, but because of monetary central planning through central banking that does not allow market-based financial intermediation to develop and work as it could and would in a real free-market setting.

European governments, in general, take the view that "austerity" means squeezing the private sector more through taxes and other revenue sources to avoid any noticeable and significant cuts in what government does and spends.

In reality, of course, it is the burdens of government regulation, taxation and impediments to more flexible labor and related markets that have generated the high unemployment rates and the retarded recovery from the recession.

Keynesian policies offer people and politicians what they want to hear. Claiming that any sluggish business or lost jobs are due to a lack of "aggregate demand," Keynes argued that full employment and profitable business could only be reestablished and maintained through "activist" government monetary and fiscal policy – print money and run budget deficits.

What Britain and Europe should have as its goal is the ideal of the classical liberal free traders of the 19th century – non-intervention by governments in people's lives, at home and abroad. That is, a de-politicization of society, so people may freely work, trade and travel as they peacefully wish, with government merely the protector of people's individual rights.

Furthermore, the Keynesian rationale for government deficit spending enabled politicians to seem to be able to offer something for nothing. They could offer, say, $100 of government spending to voters and special interest groups but the tax burden imposed in the present might only be $75, since the remainder of the money to pay for that government spending was borrowed. And that borrowed money would not have to be repaid until some indefinite time in the future by unspecific taxpayers when that "tomorrow" finally arrived.

instability

Keynes argued that the market economy's inherent

arose from the

Mises argued that there was nothing inherent in the market economy to bring about these swings of economic booms followed by periods of depression and unemployment.

With new, excess funds created by the central bank available for lending, banks lower rates of interest to attract borrowers.

The recession period, in Mises's view, is the necessary "correction" period when in the post-boom era, people must adapt and adjust to the newly discovered "real" supply and demand conditions in the market.

The recession of 2008-2009 was the result of several years of central bank stimulus.

Awash in cash, banks extended loans to virtually anyone, with no serious and usual concern about the borrower's credit-worthiness.

So why has there not been a complementary explosion of price inflation?

This is because the Federal Reserve has been paying banks a rate of interest slightly above the market interest rates to induce banks not to lend.

Among the reasons for the sluggish jobs growth in the US are:

(c) what will the regulatory environment be like for the next three years – in 2012, the government implemented around 80,000 pages of regulations as printed in the Federal Registry;

(d) how will the deficit and debt problems play out between Congress and the White House and will it threaten the general financial situation in the country; an

All these building projects have been brought into existence by a government that not only controls the money supply and manipulates interest rates but also heavy-handedly tells banks whom to specifically loan to and for what investment activities.

Thus, whether, at the end of the day, freedom triumphs and the future is one of liberty and prosperity is partly on each one of us.

It was Mises's clear vision that once society has broken the relationship between value and payment, sooner or later people would not know the price of anything.

There is a "no-fly zone" over west-Syria and it is the Russians who control it. All U.S. and Turkish talk about such a zone is moot. The Obama administration has for now also given up on other plans. The recent National Security Council meeting deferred on further decisions: Consideration of other alternatives, including the shipment of arms to U.S.-allied Kurdish forces in Syria, and an increase in the quantity and quality of weapons supplied to opposition fighters in Aleppo and elsewhere, were deferred until later, officials said. U.S. military action to stop Syrian and Russian bombing of civilians was even further down the list of possibilities. The only U.S. "hope" for its Syria plans is now the facilitation of another ISIS influx. That and the CIA coordinated actions of its allies. The Saudis Foreign Minister announced that his country will increase weapons flow to its al-Qaeda proxies in Syria. The "rebels" are still receiving TOW anti-tank missiles and other heavy weapons. Turkish proxy forces, some Syrians, some "Turkmen" from Chechnya and elsewhere, have taken Dabiq from ISIS. The village is said to become a focal point of a future apocalyptic Christian-Muslim battle. A lot of "western" commentators pointed to that as a reason why ISIS would fight for it. But that battle is only predicted for the period after the return of the Mahdi which has not been announced. The current ideological value of Dabiq is therefore low and, like in Jarablus, ISIS cooperated well and moved out before the Turkish proxies moved in. The Russians had allowed Turkey to enter Syria only within a limit of some 15 kilometers south of the Turkish border. Heavy artillery would have to stay on the Turkish side. The sole original purpose of the Turkish invasion was to prevent a Kurdish corridor from the eastern Kurdish areas in Syria to Afrin in the west. Such a corridor would have limited ISIS access to Turkey.

The Kurdish corridor has been prevented and ISIS access to Turkish controlled areas and Turkey itself is as open as ever. The Turkish military sees this as sufficient for its aims: Taking control of Dabiq had eliminated the threat to Turkey from rockets fired by the jihadists, the Turkish Armed Forces said in a written statement.

The Turkish military wants to halt the operation. But Erdogan and his proxies forces want to go further south and west to attack the Syrian army encirclement of east-Aleppo: President Tayyip Erdogan's spokesman Ibrahim Kalin said on Sunday Dabiq's liberation was a "strategic and symbolic victory" against Islamic State. He told Reuters it was important strategically that the Turkey-backed forces continue their advance toward the Islamic State stronghold of al-Bab. To move to al-Bab Turkish artillery, with its units relying on conscripts, would have to move south of the Turkish-Syrian border. Any attack on them by the Syrian or Russian forces would thus become legal. Kurdish guerilla would be a constant threat. This explains the new split between the Turkish military and political forces. It will be interesting to watch how that dispute develops. For Thursday the Russian command announced a unilateral temporary ceasefire in east-Aleppo to let the Jihadis move out. British and other special forces, said to be embedded with al-Qaeda, will be happy for the chance to leave. In Iraq some Shia militia are moving towards Tal Afar to cut of the ISIS path to the west. Russia promised to take political and military measures should it detect an ISIS move. In east-Syria the Russian and Syrian air-forces, Hizbullah and more Shia militia from Iraq are now preparing surprises for the expected ISIS influx from Mosul. How much can they risk when the U.S. provides further air-support for the ISIS move?

While most journalists have been too intimidated to report details, and media have largely been put under State control, it has transpired that police has dispersed non-violent protests throughout the country. In some cases police used disproportionate violence and water cannons. “The heads of 100 nongovernmental organizations wanted to come and make statements here (in front of the parliament). But now you see, parliament is under blockade, the roads are closed, there is a TOMA (a water cannon vehicle). We are under siege,” said Aykut Erdogdu, a lawmaker of the Republican people’s Party – CHP. He added: “It is very wrong to block parliament on the eve of such an important constitutional change that will be discussed in parliament.” Erdogdu stressed that the CHP’s parliamentary group will attempt to prolong and if possible stall the “constitutional reform” by issuing proposals and non-confidence motions in order to emphasize their opposition. CHP Deputy Group Chair Özgür Özel, for his part, told the press: “We think that the longer this process is going to be, the more useful it will be, the more likely these mistakes will be realized, and the constitutional proposal will be completely withdrawn.” He added that the discussions which prolonged the process in the parliamentary commission were fruitful in that they created awareness about the importance of the amendment. “We will give speeches on the entire constitutional amendment and then on each item. In addition, we may also propose that the material be removed from the text because it is contrary to the constitution,” Özel added. The governing, Islamist AKP Group’s Deputy Chairperson Mustafa Elitaş, for his part, criticized the CHP’s plan to suggest it would appeal the amendments on the grounds that they are anti-constitutional. He noted that: “The parliamentary spokesperson should not issue that contradiction to the constitution proposal because after the constitution has changed, it will become the material of the constitution”.

Semih Yalçın, the MHP deputy leader, also opposed the CHP’s criticism that the amendment would pave the way for a federal system and ultimately the division of the country. Yalçın noted in a written statement that with the efforts of the MHP, the unitary character of the country had been protected and that all the possibilities that would lead to a regime change or division had been eliminated. The AKP and Nationalist Movement Party (MHP) block is making a special effort to prevent any defections from their parties in an effort to reach the 330 votes needed to bring the constitution to the referendum. The total number of votes of the two parties reaches 355, but seven lawmakers from the MHP have already publicly declared their opposition to the package. On Monday Filiz Kerestecioğlu, the Peoples Democracy Party (HDP) Group’s Deputy Chairperson, stressed that the HDP would say “no” to the constitution, adding that the HDP would try to make sure that the lawmakers vote in a secret ballot, despite pressures from the ruling party. He added: “We believe that some lawmakers who have the possibility to say ‘no’ will be pressured by other lawmakers; the government will use man-to-man marking.” The HDP now decided to boycott the vote.

it is well-known that Qatar wants to run a natural gas pipeline out of the Persian Gulf, through Syria and into Europe.  That is why Qatar has also been pouring billions of dollars into the civil war in Syria.

If the Saudis want this war so badly, they should go and fight it.  Everyone knows that the Saudis have been bankrolling the rebels.  At this point, even CNN is openly admitting this... It is an open secret that Saudi Arabia is using Jordan to smuggle weapons into Syria for the rebels. Jordan says it is doing all it can to prevent that and does not want to inflame the situation in Syria.

The Voice of Russia has also been reporting on Gavlak's bombshell findings... The rebels noted it was a result of an accident caused by rebels mishandling chemical weapons provided to them. “My son came to me two weeks ago asking what I thought the weapons were that he had been asked to carry,” said Abu Abdel-Moneim, the father of a rebel fighting to unseat Assad, who lives in Ghouta. As Gavlak reports, Abdel-Moneim said his son and 12 other rebels died in a weapons storage tunnel. The father stated the weapons were provided to rebel forces by a Saudi militant, known as Abu Ayesha, describing them as having a “tube-like structure” while others were like a “huge gas bottle.” “They didn’t tell us what these arms were or how to use them,” complained a female fighter named ‘K’. “We didn’t know they were chemical weapons. We never imagined they were chemical weapons.” “When Saudi Prince Bandar gives such weapons to people, he must give them to those who know how to handle and use them,” she warned. She, like other Syrians, do not want to use their full names for fear of retribution.