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Home/ Socialism and the End of the American Dream/ Contents contributed and discussions participated by Paul Merrell

Contents contributed and discussions participated by Paul Merrell

Paul Merrell

FBI Informant "Threatened" After Offering Details Linking Clinton Foundation To Russian... - 0 views

  • While the mainstream media has largely ignored it, the scandal surrounding Russian efforts to acquire 20% of America's uranium reserves, a deal which was ultimately approved by the Obama administration, and more specifically the Committee on Foreign Investment in the United States (CFIUS) which included Hillary Clinton and Eric Holder, is becoming more problematic for Democrats by the hour.  As The Hill pointed out earlier this morning, the latest development in this sordid tale revolves around a man that the FBI used as an informant back in 2009 and beyond to build a case against a Russian perpetrator who ultimately admitted to bribery, extortion and money laundering.  The informant, who is so far only known as "Confidential Source 1," says that when he attempted to come forward last year with information that linked the Clinton Foundation directly to the scandal he was promptly silenced by the FBI and the Obama administration.
  • Working as a confidential witness, the businessman made kickback payments to the Russians with the approval of his FBI handlers and gathered other evidence, the records show.   Sources told The Hill the informant's work was crucial to the government's ability to crack a multimillion dollar racketeering scheme by Russian nuclear officials on U.S. soil that involved bribery, kickbacks, money laundering and extortion. In the end, the main Russian executive sent to the U.S. to expand Russian President Vladimir Putin's nuclear business, an executive of an American trucking firm and a Russian financier from New Jersey pled guilty to various crimes in a case that started in 2009 and ended in late 2015.   Toensing added her client has had contact from multiple congressional committees seeking information about what he witnessed inside the Russian nuclear industry and has been unable to provide that information because of the NDA.   “He can’t disclose anything that he came upon in the course of his work,” she said.   The information the client possesses includes specific allegations that Russian executives made to him about how they facilitated the Obama administration's 2010 approval of the Uranium One deal and sent millions of dollars in Russian nuclear funds to the U.S. to an entity assisting Bill Clinton's foundation. At the time, Hillary Clinton was serving as secretary of State on the government panel that approved the deal, the lawyer said.
  • In the midst of the new discoveries revealed yesterday about the Uranium One case (see: FBI Uncovered Russian Bribery Plot Before Obama Approved Uranium One Deal, Netting Clintons Millions), "Confidential Source 1" has once again hired an attorney, Victoria Toensing, a former Reagan Justice Department official and former chief counsel of the Senate Intelligence Committee, to get his story out. Sitting down with The Hill earlier, Toensing said that the last time her client tried to speak out "both his reputation and liberty" were "threatened" by the Obama administration in a effort to force his silence.  “All of the information about this corruption has not come out,” she said in an interview Tuesday. “And so my client, the same part of my client that made him go into the FBI in the first place, says, 'This is wrong. What should I do about it?'”   Toensing said she also possesses memos that recount how the Justice Department last year threatened her client when he attempted to file a lawsuit that could have drawn attention to the Russian corruption during the 2016 presidential race as well as helped him recover some of the money Russians stole from him through kickbacks during the FBI probe.   The undercover client witnessed “a lot of bribery going on around the U.S.” but was asked by the FBI to sign a nondisclosure agreement (NDA) that prevents him from revealing what he knows to Congress, Toensing explained.   When he tried to bring some of the allegations to light in the lawsuit last year, “the Obama Justice Department threatened him with loss of freedom. They said they would bring a criminal case against him for violating an NDA,” she added.
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  • As we pointed out last summer when Peter Schweizer first released his feature documentary Clinton Cash, the Uranium One deal at the center of this scandal is believed to have netted the Clintons and their Clinton Foundation millions of dollars in donations and 'speaking fees' from Uranium One shareholders and other Russian entities. Russian Purchase of US Uranium Assets in Return for $145mm in Contributions to the Clinton Foundation - Bill and Hillary Clinton assisted a Canadian financier, Frank Giustra, and his company, Uranium One, in the acquisition of uranium mining concessions in Kazakhstan and the United States.  Subsequently, the Russian government sought to purchase Uranium One but required approval from the Obama administration given the strategic importance of the uranium assets.  In the run-up to the approval of the deal by the State Department, nine shareholders of Uranium One just happened to make $145mm in donations to the Clinton Foundation.  Moreover, the New Yorker confirmed that Bill Clinton received $500,000 in speaking fees from a Russian investment bank, with ties to the Kremlin, around the same time.  Needless to say, the State Department approved the deal giving Russia ownership of 20% of U.S. uranium assets 
Paul Merrell

WikiLeaks - Hillary Clinton Email Archive - 0 views

  • From: • H <hrod17@clintonemail.com > Sent: Saturday, September 3, 2011 10:28 PM To: Oscar Flores Subject: Fw: tick tock on libya PIs print for me.
  • To: H Subject: FW: tick tock on libya Here is Draft
  • Secretary Clinton's leadership on Libya HRC has been a critical voice on Libya in administration deliberations, at NATO, and in contact group meetings — as well as the public face of the U.S. effort in Libya. She was instrumental in securing the authorization, building the coalition, and tightening the noose around Qadhafi and his regime.
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  • March 14 — HRC travels to Paris for the G8 foreign minister's meeting. She meets with TNC representative Jibril and consults with her colleagues on further UN Security Council action. She notes that a no-fly zone will not be adequate. March 14-16 — HRC participates in a series of high-level video- and teleconferences with She is a leading voice for strong UNSC action and a NATO civilian protection mission. March 17 — HRC secures Russian abstention and Portuguese and African support for UNSC 1973, ensuring that it passes. 1973 authorizes a no-fly zone over Libya and "all necessary measures" - code for military action - to protect civilians against Gaddafi's army. March 24 — HRC engages with allies and secures the transition of command and control of the civilian protection mission to NATO. She announces the transition in a statement.
  • March 19 — HRC travels to Paris to meet with European and Arab leaders to prepare for military action to protect civilians. That night, the first U.S. air strikes halt the advance of Gaddafi's forces on Benghazi and target Libya's air defenses: March 29 — HRC travels to London for a conference on Libya, where she is a driving force behind the creation of a Contact Group comprising 20-plus countries to coordinate efforts to protect civilians and plan for a post- Qadhafi Libya. She is instrumental in setting up a rotating chair system to ensure regional buy-in. April 14 — HRC travels to Berlin for NATO meetings. She is the driving force behind NATO adopting a communiqué that calls for Qadhafi's departure as a political objective, and lays out three clear military objectives: end of attacks and threat of attacks on civilians; the removal of Qadhafi forces from cities they forcibly entered; and the unfettered provision of humanitarian access.
  • June 12 — HRC travels to Addis for consultations and a speech before the African Union, pressing the case for a democratic transition in Libya. July 15 — HRC travels to Istanbul and announces that the U.S. recognizes the TNC as the legitimate government of Libya. She also secures recognition from the other members of the Contact Group.
  • July 16 — HRC sends Feltman, Cretz, and Chollet to Tunis to meet with Qadhafi envoys "to deliver a clear and firm message that the only way to move forward, is for Qadhafi to step down".
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    Assange calls this the most important leaked Hillary email. It shows that Hillary was the driving force on the Libyan War, deliberately escalating past the civilian relief authorization of the UN Security Council resolution to accomplish regime change, thus turning the Libyan invasion into a war of aggression, the supreme war crime for which we hung Nazi and Japanese leaders.
Paul Merrell

Ex-DEA agent: Opioid crisis fueled by drug industry and Congress - CBS News - 0 views

  • In the midst of the worst drug epidemic in American history, the U.S. Drug Enforcement Administration's ability to keep addictive opioids off U.S. streets was derailed -- that according to Joe Rannazzisi, one of the most important whistleblowers ever interviewed by 60 Minutes. Rannazzisi ran the DEA's Office of Diversion Control, the division that regulates and investigates the pharmaceutical industry. Now in a joint investigation by 60 Minutes and The Washington Post, Rannazzisi tells the inside story of how, he says, the opioid crisis was allowed to spread -- aided by Congress, lobbyists, and a drug distribution industry that shipped, almost unchecked, hundreds of millions of pills to rogue pharmacies and pain clinics providing the rocket fuel for a crisis that, over the last two decades, has claimed 200,000 lives.   
Paul Merrell

President Trump allows Air Force recall of retired pilots - 0 views

  • President Trump signed an executive order Friday allowing the Air Force to recall as many as 1,000 retired pilots to active duty to address a shortage in combat fliers, the White House and Pentagon announced.By law, only 25 retired officers can be brought back to serve in any one branch. Trump's order removes those caps by expanding a state of national emergency declared by President George W. Bush after 9/11, signaling what could be a significant escalation in the 16-year-old global war on terror."We anticipate that the Secretary of Defense will delegate the authority to the Secretary of the Air Force to recall up to 1,000 retired pilots for up to three years," Navy Cdr. Gary Ross, a Pentagon spokesman, said in a statement. But the executive order itself is not specific to the Air Force, and could conceivably be used in the future to call up more officers and in other branches.
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    Conscription strikes again.
Paul Merrell

Morris Davis: Here's why I resigned as the chief prosecutor at Guantanamo - LA Times - 0 views

  • en years ago today, I informed Gordon England, then the Deputy Secretary of Defense, that I could no longer serve as chief prosecutor for the military commissions at Guantanamo Bay. I requested immediate reassignment to another post and, within an hour, my request was approved. Soon after, I received an order not to speak to anyone about why I quit.Here’s why I quit. Earlier that day, I had been handed an order, signed by England, that reorganized the chain of command, effective immediately. The order had placed Air Force Brig. Gen. Thomas W. Hartmann above me, and it had placed William J. Haynes II, the general counsel of the Department of Defense, above Hartmann.Haynes, you might recall, signed the infamous torture memo — the one authorizing enhanced interrogation at Guantanamo that was approved by former Defense Secretary Donald Rumsfeld.
  • Hartmann had arrived a few months before, in July 2007, to serve as chief counsel to the official overseeing the military commissions. He was anxious to get convictions and wanted me to use all evidence, regardless of how it was acquired. For two years, my policy had been that the prosecution would not use evidence obtained by torture, because evidence obtained by torture is tainted. By the end of his first month, Hartmann had already tried to challenge this well-established fact. When I learned that two men who sanctioned torture were above me in the chain of command, I concluded that I could not ensure fair trials for the detainees at Guantanamo. Nor could I put my head down and ignore the fact that the United States employed a practice it had long condemned.I wish I could say that, in the following decade, the U.S. recovered from the shock of the Sept. 11 terrorist attacks, recognized the errors it made and regained its legal and moral standing on the issue of torture. That would be fake news.
Paul Merrell

After Socialists Win 17 of 23 States, US Claims Venezuela Elections Not 'Free and Fair'... - 0 views

  • The United Socialist Party of Venezuela won at least 17 of the 23 governorships, also garnering 54 percent of the vote. U.S. Ambassador to the United Nations, Nikki Haley, cast doubt on the results of Venezuela's Regional Elections where candidates from the governing Socialist Party won a vast majority of seats, claiming the vote was not "free and fair." 
  • The United Socialist Party of Venezuela, or PSUV won at least 17 of the 23 governorships, also garnering 54 percent of the vote. The PSUV candidate for Bolivar state, where no official results have been declared yet, also claimed victory. Turnout was 61.14 percent in Sunday's polls, with ballots cast at 13,559 polling stations nationwide. Venezuelan President Nicolas Maduro said it was the highest turnout in 15 years - more than 10 million people voted.
  • Prior to the vote, the U.S. State Department issued a statement questioning the "fairness of the electoral process" in Venezuela, and expressing "great concern that the regime will not permit the presence of independent international electoral observers." Over 1,300 national and international observers, including opposition appointed auditors, were on hand for the Oct. 15 vote. An audit of the vote will also be held, election officials confirmed Monday. The U.S.-backed opposition meanwhile, has stated they would not recognize the results that have been reported by the head of the National Electoral Council (CNE), Tibisay Lucena. "We do not recognize the results offered by Tibisay Lucena," said opposition coalition MUD campaign chief Gerardo Blyde. Blyde said the results are not reflective of those being tracked by his party. He also accused the electorate of misrepresenting the location of the polling stations in a bid to confuse voters.
Paul Merrell

Breaking: Russian troops take control of key gas field from Kurdish forces in Deir Ezzor - 0 views

  • BEIRUT, LEBANON (3:42 P.M.) – Moments ago, reports came in that Russian Ground Forces troops entered the Koneko Gas Field and its attached company headquarters area in eastern Deir Ezzor province at the invitation of Kurdish-led forces. The information, disseminated by Syrian military reports, claims that an agreement has been brokered between Russia and the US-backed Syrian Democratic Forces whereby the Syrian government will be allowed to assume control over the gas field. If true, then the scope of any backdoor agreements reached between Moscow and Washington regarding the transfer of energy assets held by Kurdish-led militias back to the rightful ownership of the Damascus government may yet encompass wider dimensions (i.e. future transfers) – although there is absolutely no evidence to suggest this is in fact the case.
  • Nonetheless, the unexpected transfer of the Koneko Gas Field by the SDF to the Syrian government does now raise questions as to whether or not the hitherto competition between the Syrian Arab Army and Kurdish-led militias to seize control of the much larger Al-Omar Oil Field from ISIS further south is still on.
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    Most of the pundits I follow have been saying that the U.S. will soon withdraw in defeat from Syria. This could mark the beginning of that.
Paul Merrell

US State Dept. admits Nusra Front terrorists use chemical weapons in Syria - MoD - 0 views

  • According to Russia’s Defense Ministry, the US State Department has finally admitted that the infamous Al Nusra Front, which controls Syria’s Idlib Governorate through the umbrella terrorist group HTS and is still thought to be a front for al-Qaeda, “not only has, but uses chemical weapons against civilians.” “The Hayat Tahrir al-Sham terrorist group (HTS), linked to Jabhat al-Nusra, which uses ‘small and heavy arms, improvised explosive devices, and chemical weapons’, operates in that province [Idlib]. This is the first official recognition by the [US] State Department not simply of the presence, but, I emphasize, the use of chemical weapons by Jabhat al-Nusra terrorists in that part of Syria to commit terrorist attacks, about which we repeatedly warned,” Russian Defense Ministry spokesman Maj. Gen. Konashenkov said. Igor Konashenkov also recalled that in Idlib province, “only one case of the use of chemical weapons is known — in Khan-Sheikhun.”
  • “However, the US accused government troops of [conducting] this chemical attack. And those who [actually] organized it, they called a “moderate opposition,” Konashenkov said.
Paul Merrell

CryptoRouble: Russia Announces First State-Backed Cryptocurrency - 0 views

  • Russian President Vladimir Putin has made history today, when he endorsed the creation of a soon to be unveiled CryptoRouble, the world’s first cryptocurrency endorsed by a state. Russian monetary experts and political leaders have recently begun engaging in a debate which pitted monetary conservatives against monetary radicals. Most Russian officials agreed that allowing the use of western designed (though not western state endorsed) cryptocurrencies such as Bitcoin, was not compatible with Russian financial security concerns. China, for example, reached a similar conclusion about existing cryptocurrencies. In Russia, the debate then quickly evolved into to a question over what role if any, a government and central bank should have in respect of cryptocurrencies. Conservatives argued that the entire process of blockchain cryptocurrency technology should not be accepted as a legal alternative to traditional state issued notes, while radicals argued for the creation and regulation of a uniquely Russian cryptocurremcy. The radials have clearly won and appear to have been embraced by President Putin.
Paul Merrell

Poll: Most Americans Support The 2015 Iran Nuclear Deal [Infographic] - 0 views

  • While de-certifying would not withdraw the U.S. from the deal, it would give Congress 60 days to decide whether or not to reimpose the sanctions on Iran that were suspended by it. According to a new poll from YouGov, Americans are at odds with the president's stance with most of the public supporting the nuclear deal. The research found that 56 percent of the public approve of the agreement, of which 31 percent strongly approve and 25 percent somewhat approve. Only 19 percent of those polled said they disapprove of it. Broken down by party, 68 percent of Democrats support the deal while a surprisingly large 22 percent share have no opinion on the matter. A slight 51 percent majority of Republicans are also in favor of the agreement while 23 percent are against it. YouGov also found that support for the nuclear deal doesn't necessarily mean Americans like or trust Iran with 44 percent regarding the country as a U.S. enemy.
Paul Merrell

China will 'compel' Saudi Arabia to trade oil in yuan - and that's going to affect the ... - 0 views

  • "I believe that yuan pricing of oil is coming and as soon as the Saudis move to accept it — as the Chinese will compel them to do — then the rest of the oil market will move along with them," Carl Weinberg, chief economist and managing director at High Frequency Economics, told CNBC In recent years, several nations opposed to the dollar being the world's reserve currency have progressively sought to try and abandon it OPEC kingpin Saudi Arabia is at the crux of the petrodollar
Paul Merrell

DOD, HUD Defrauded Taxpayers Of $21 Trillion From 1998 To 2015 - 0 views

  • Last year, a Reuters article brought renewed scrutiny to the budgeting practices of the U.S. Department of Defense (DOD), specifically the U.S. Army, after it was revealed that the department  had “lost” $6.5 trillion in 2015 due to “wrongful budget adjustments.” Nearly half of that massive sum, $2.8 trillion, was lost in just one quarter. Reuters noted that the Army “lacked the receipts and invoices to support those numbers [the adjustments] or simply made them up” in order to “create an illusion that its books are balanced.” Officially, the DOD has acknowledged that its financial statements for 2015 were “materially misstated.” However, this was hardly the first time the department had been caught falsifying its accounting or the first time the department had mishandled massive sums of taxpayer money.
  • The report, which examined in great detail the budgets of both the DOD and the Department of Housing and Urban Development (HUD), found that between 1998 and 2015 these two departments alone lost over $21 trillion in taxpayer funds. The funds lost were a direct result of “unsupported journal voucher adjustments” made to the departments’ budgets. According to the Office of the Comptroller, “unsupported journal voucher adjustments” are defined as “summary-level accounting adjustments made when balances between systems cannot be reconciled. Often these journal vouchers are unsupported, meaning they lack supporting documentation to justify the adjustment [receipts, etc.] or are not tied to specific accounting transactions.” The report notes that, in both the private and public sectors, the presence of such adjustments is considered “a red flag” for potential fraud. The amount of money lost is truly staggering. As co-author Fitts noted in an interview with USA Watchdog, the amount unaccounted for over this 17 year period amounts to “$65,000 for every man, woman and child resident in America.” By comparison, the cost per taxpayer of all U.S. wars waged since 9/11 has been $7,500 per taxpayer. The sum is also enough to cover the entire U.S. national debt, which broke $20 trillion less than a month ago, and still have funds left over. What’s more, the actual amount of funds lost — measured at $21 trillion – is likely to be much higher, as the researchers were unable to recover data for every year over the period, meaning the assessment is incomplete.
Paul Merrell

Special Investigation: How America's Biggest Bank Paid Its Fine for the 2008 Mortgage C... - 0 views

  • ou know the old joke: How do you make a killing on Wall Street and never risk a loss? Easy—use other people’s money. Jamie Dimon and his underlings at JPMorgan Chase have perfected this dark art at America’s largest bank, which boasts a balance sheet one-eighth the size of the entire US economy.1 After JPMorgan’s deceitful activities in the housing market helped trigger the 2008 financial crash that cost millions of Americans their jobs, homes, and life savings, punishment was in order. Among a vast array of misconduct, JPMorgan engaged in the routine use of “robo-signing,” which allowed bank employees to automatically sign hundreds, even thousands, of foreclosure documents per day without verifying their contents. But in the United States, white-collar criminals rarely go to prison; instead, they negotiate settlements. Thus, on February 9, 2012, US Attorney General Eric Holder announced the National Mortgage Settlement, which fined JPMorgan Chase and four other mega-banks a total of $25 billion.2 JPMorgan’s share of the settlement was $5.3 billion, but only $1.1 billion had to be paid in cash; the other $4.2 billion was to come in the form of financial relief for homeowners in danger of losing their homes to foreclosure. The settlement called for JPMorgan to reduce the amounts owed, modify the loan terms, and take other steps to help distressed Americans keep their homes. A separate 2013 settlement against the bank for deceiving mortgage investors included another $4 billion in consumer relief.3 A Nation investigation can now reveal how JPMorgan met part of its $8.2 billion settlement burden: by using other people’s money.4 Here’s how the alleged scam worked. JPMorgan moved to forgive the mortgages of tens of thousands of homeowners; the feds, in turn, credited these canceled loans against the penalties due under the 2012 and 2013 settlements. But here’s the rub: In many instances, JPMorgan was forgiving loans on properties it no longer owned.5 The alleged fraud is described in internal JPMorgan documents, public records, testimony from homeowners and investors burned in the scam, and other evidence presented in a blockbuster lawsuit against JPMorgan, now being heard in US District Court in New York City.6 JPMorgan no longer owned the properties because it had sold the mortgages years earlier to 21 third-party investors, including three companies owned by Larry Schneider. Those companies are the plaintiffs in the lawsuit; Schneider is also aiding the federal government in a related case against the bank. In a bizarre twist, a company associated with the Church of Scientology facilitated the apparent scheme. Nationwide Title Clearing, a document-processing company with close ties to the church, produced and filed the documents that JPMorgan needed to claim ownership and cancel the loans.
Paul Merrell

Is the US preparing to stash 3,000 terrorists near the Ukrainian border? - OrientalRevi... - 0 views

  • After removing the extremist organization Mojahedin-e-Khalq (MEK) from its list of terrorist organizations in 2012, the US State Department has been unsuccessfully trying to move militants from this group out of Iraq and closer to sites that are being readied for future armed hostilities.
  • Washington seems to feel that Romania would be an auspicious location for 3,000 of these militants, specifically the city of Craiova, which is located near the Bulgarian border. Massoud Khodabandeh, who was previously a highly placed leader within the Mojahedin-e-Khalq, referred to the Bulgarian press in his claims that the issue of their resettlement was discussed during the meeting between the American secretary of state, John Kerry, and the Romanian foreign minister, Titus Corlatean, in Brussels in early December 2013. Early last year, Albania and Germany announced their willingness to accept a few hundred of the 3,000 fighters. However, the MEK insists that all the members of the group be resettled together in one area, something to which the governments of these countries have not been prepared to agree. Despite Hillary Clinton’s decision to the contrary, the MEK is still considered a terrorist organization in Iraq and Iran.  Iraq’s Shiite government, which rose to power after the US invasion in 2003, has an adversarial relationship with the members of the Mojahedin-e-Khalq and insists that any countries that provide the group with support also be willing to accept its members for resettlement within their own borders. At present, MEK militants are being housed at a former American military base near Baghdad, and their camp has more than once been the target of rocket attacks in recent months (the latest incident was on Dec. 27, 2013).  Mojahedin-e-Khalq militants blame the Iraqi authorities for the attacks, but the latter have denied any involvement.
  • The MEK is a militant organization that is waging an armed struggle against the Iranian regime.  The group has been responsible for the deaths of about 50,000 people, including the assassination of the president, prime minister, and dozens of senior Iranian officials.  After its relocation to Iraq in 1986, Saddam Hussein often received assistance from the organization’s members during the Iran-Iraq war and also employed them to suppress the Kurdish separatist movement. From the beginning of the US campaign against Saddam Hussein, the organization became a focus of interest of the American government.  In 1994 the State Department sent Congress a damning 41-page report conclusively proving the MEK’s status as a terrorist organization, and as a result, the group was included in the State Department’s 1997 list of terrorist organizations.  The report specifically stated, “It is no coincidence that the only government in the world that supports the Mujahedin politically and financially is the totalitarian regime of Saddam Hussein.” After the American military invasion in 2003, the group came under US control.  The MEK actively lobbied to be removed from the official list of terrorist organizations, and the US put its members to use as part of America’s clandestine commando operations against Iran. It has now emerged that the Bush administration secretly brought members of the MEK to the US for military training that included signals intelligence and other skills related to covert espionage.  Presumably the program ended just before the Obama administration took office.  Apparently, the MEK was then placed under the control of Mossad, which utilized it to kill Iranian nuclear scientists.  Thanks to an article by Justin Raimondo, the writer and founder of the Antiwar.com website, the group was dubbed “Hillary’s Terrorists.”
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  • It is obvious that the Mojahedin-e-Khalq is not a peaceful organization.  In fact, it would be better compared to the Taliban, Al-Qaeda, or Jubhat al-Nusrah, other groups which also enjoyed the tacit support of the United States until they became too unruly.  In addition, Syria, Iraq, and Afghanistan have still been unable to extricate themselves from the aftermath of the MEK’s activities within their borders. One can only guess at what awaits Romania should this army of 3,000 militants come calling at its door.  Harboring so many fighters so close to Ukraine, a country that has been afflicted with EuroMaidan fever for the past month and a half, could pave the way for any number of coercive scenarios for regime change.
Paul Merrell

IMF Head Foresees End Of Banking, Triumph Of Cryptocurrency - 0 views

  • In a remarkably frank talk at a Bank of England conference, the Managing Director of the International Monetary Fund has speculated that Bitcoin and cryptocurrency have as much of a future as the Internet itself. It could displace central banks, conventional banking, and challenge the monopoly of national monies. Christine Lagarde–a Paris native who has held her position at the IMF since 2011–says the only substantial problems with existing cryptocurrency are fixable over time. In the long run, the technology itself can replace national monies, conventional financial intermediation, and even “puts a question mark on the fractional banking model we know today.”
Paul Merrell

Rep: Aides Are Blocking Info From Trump | The Daily Caller - 0 views

  • President Donald Trump is being blocked from knowing he can pardon WikiLeaks founder Julian Assange in exchange for information vindicating Russia of hacking allegations, according to Republican California Rep. Dana Rohrabacher. Trump told reporters Sunday that he has “never heard” of a potential deal with Assange. “I think the president’s answer indicates that there is a wall around him that is being created by people who do not want to expose this fraud that there was collusion between our intelligence community and the leaders of the Democratic Party,” Rohrabacher told The Daily Caller Tuesday in a phone interview.
Paul Merrell

US Cities Demand Federal Help As They Brace For Influx Of 100,000s Of Puerto Ricans | Z... - 0 views

  • As the disaster-relief effort enters its second week, air traffic is slowly resuming, which means hundreds of thousands of Puerto Ricans will likely flee the devastated island to stay with friends and relatives in the continental US as they wait for FEMA to rebuild roads, repair power grids and and revive the island's communications infrastructure – a process that could take months, if not longer.
  • While the urgency of the situation leaves many of Puerto Rico’s 3.4 million population little choice, the Financial Times is reporting that the scramble to flee could worsen the population decline as some of those leaving may opt to permanently resettle. Meanwhile, cities with large Puerto Rican populations are asking for federal assistance as they prepare to absorb as many as 100,000 people fleeing the hurricane. Mainland US cities with large Puerto Rican populations are warning that they will need federal help to cope with an anticipated influx of island residents fleeing the devastation visited on the US commonwealth by Hurricane Maria. “If it’s as large-scale as we anticipated, it’s got to be a federal and state-co-ordinated response,” said Buddy Dyer, Orlando’s mayor. “It can’t be city by city.” Some have said they expect to host the disaster victims for up to six months.
Paul Merrell

Interpol votes to admit Palestine as full member | World news | The Guardian - 0 views

  • Interpol has voted to admit Palestine as a full member, dealing a significant diplomatic blow to Israel, which has strenuously lobbied against Palestinian admission. In a secret vote of representatives of the international police organisation’s members in China, Palestinian membership was approved by 75 to 24 votes, with 34 abstentions – exceeding the two-thirds requirement of yes to no votes. “The State of Palestine and the Solomon Islands are now Interpol member countries,” the organisation tweeted after the ballot. Set up almost a century ago, Interpol was designed to help countries share police intelligence and cooperate against crime that crosses international borders, including terrorism and human trafficking,. It now has 192 international members. It is perhaps best known to the wider public for its “red notice” system, which issues requests to locate and provisionally arrest individuals pending extradition. The Palestinian bid was part of a series of efforts to push for membership of international institutions and thereby advance the goal of statehood.
Paul Merrell

UN takes first concrete step to hold Israel accountable for violating Palesti... - 0 views

  • September 27, 2017  — Today’s media reports revealed that the UN High Commissioner for Human Rights began sending letters two weeks ago to 150 companies in Israel and around the globe, warning them that they could be added to a database of complicit companies doing business in illegal Israeli settlements based in the occupied Palestinian West Bank, including East Jerusalem. The letters reminded these companies that their operations in and with illegal Israeli settlements are in violation of “international law and in opposition of UN resolutions.” They also requested that these companies respond with clarifications about such operations. According to senior Israeli officials, some of the companies have already responded to the UN High Commissioner for Human Rights by saying they won’t renew their contracts or sign new ones in Israel. “This could turn into a snowball,” worried an Israeli official. Of the 150 companies, some 30 are American firms, and a number are from nations including Germany, South Korea and Norway. The remaining half are Israeli companies, including pharmaceutical giant Teva, the national phone company Bezeq, bus company Egged, the national water company Mekorot, the county’s two biggest banks Hapoalim and Leumi, the large military and technology company Elbit Systems, Coca-Cola, Africa-Israel, IDB and Netafim. American companies that received letters include Caterpillar, Priceline.com, TripAdvisor and Airbnb. The Trump administration is reportedly trying to prevent the list’s publication.
  • Omar Barghouti, co-founder of the BDS movement, commented, After decades of Palestinian dispossession and Israeli military occupation and apartheid, the United Nations has taken its first concrete, practical step to secure accountability for ongoing Israeli violations of Palestinian human rights. Palestinians warmly welcome this step. We hope the UN Human Rights Council will stand firm and publish its full list of companies illegally operating in or with Israeli settlements on stolen Palestinian land, and will develop this list as called for by the UN Human Rights Council in March 2016. It may be too ambitious to expect this courageous UN accountability measure to effectively take Israel “off the pedestal,” as South African anti-apartheid leader Archbishop Desmond Tutu once called for. But if implemented properly, this UN database of companies that are complicit in some of Israel’s human rights violations may augur the beginning of the end of Israel’s criminal impunity.
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    Getting much closer to the tipping point for the Boycott, Divestment, & Sanctions Movement.
Paul Merrell

Putin orders to end trade in US dollars at Russian seaports - RT Business - 0 views

  • Russian President Vladimir Putin has instructed the government to approve legislation making the ruble the main currency of exchange at all Russian seaports by next year, according to the Kremlin website.
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