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| The Archived Columns of Conn M. Hallinan - 0 views

dispatchesfromtheedgeblog.wordpress.com economies EU Greece anti-austerity oligarchs banksters privatization
shared by Paul Merrell on 02 Feb 15 - No Cached
  • Almost before the votes were counted in the recent Greek elections, battle lines were being drawn all over Europe. While Alexis Tsipras, the newly elected Prime Minister from Greece’s victorious Syriza Party, was telling voters, “Greece is leaving behind catastrophic austerity, fear and autocratic government,” Jens Weidmann, president of the German Bundesbank, was warning the new government not to “make promises it cannot keep and the country cannot afford.”   On Feb. 12 those two points of view will collide when European Union (EU) heads of state gather in Brussels. Whether the storm blowing out of Southern Europe proves an irresistible force, or the European Council an immovable object, is not clear, but whatever the outcome, the continent is not likely to be the same after that meeting.   The Jan 25 victory of Greece’s leftwing Syriza Party was, on one hand, a beacon for indebted countries like Spain, Portugal, Italy and Ireland. On the other, it is a gauntlet for Germany, the Netherlands, Finland, and the “troika”—the European Central bank, the European Commission, and the International Monetary Fund (IMF)—the designers and enforcers of loans and austerity policies that have inflicted a catastrophic economic and social crisis on tens of millions of Europeans.
  • The troika’s policies were billed as “bailouts” for countries mired in debt—one largely caused by the 2008 financial speculation bubble over which indebted countries had little control—and as a way to restart economic growth. In return for the loans, the EU and the troika demanded massive cutbacks in social services, huge layoffs, privatization of pubic resources, and higher taxes.   However, the “bailouts” did not go toward stimulating economies, but rather to repay creditors, mostly large European banks. Out of the $266 billion loaned to Greece, 89 percent went to investors. After five years under the troika formula, Greece was the most indebted country in Europe. Gross national product dropped 26 percent, unemployment topped 27 percent (and over 50 percent for young people), and one-third of the population lost their health care coverage.   Given a chance to finally vote on the austerity strategy, Greeks overwhelmingly rejected the parties that went along with the troika and elected Syriza.
  • Gerry Adams of Sinn Fein—now the third largest party in the Irish Republic—hailed the vote as opening “up the real prospect of democratic change, not just for the people of Greece, but for citizens right across the EU.” Unemployment in Ireland is 10.7 percent, and tens of thousands of jobless young people have been forced to emigrate.   The German Social Democrats are generally supportive of the troika, but the Green Party hailed the Syriza victory and Die Linke Party members marched with signs reading, “We start with Greece. We change Europe.”   Italian Prime Minister Matteo Renzi—who has his own issues with the EU’s rigid approach to debt—hailed the Greek elections, and top aide Sandro Gozi said that Rome was ready to work with Syriza. The jobless rate in Italy is 13.4 percent, but 40 percent among youth.
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  • In short, there are a number of currents in the EU and a growing recognition even among supporters of the troika that prevailing approach to debt is not sustainable.   One should have no illusions that Syriza will easily sweep the policies of austerity aside, but there is a palpable feeling on the continent that a tide is turning. It did not start with the Greek elections, but with last May’s European Parliament elections, where anti-austerity parties made solid gains. While some right-wing parties that opportunistically donned a populist mantle also increased their vote, they could not do so where they were challenged by left anti-austerity parties. For instance, the right did well in Denmark, France, and Britain, but largely because there were no anti-austerity voices on the left in those races. Elsewhere the left generally defeated their rightist opponents.   If Syriza is to survive, however, it must deliver, and that will be a tall order given the power of its opponents.
  • The French Communist Party hailed the Greek elections as “Good news for the French people,” and Jean-Luc Melenchon of the Parti de Gauche called for a left-wing alliance similar to Syriza. French President Francois Hollande made a careful statement about “growth and stability,” but the Socialist leader is trying to quell a revolt by the left flank of his own party over austerity, and Paris is closer to Rome than it is to Berlin on the debt issue.   While the conservative government of Portugal was largely silent, Left Bloc Member of Parliament Marisa Matias told a rally, “A victory for Syriza is a victory for all of Europe.”
  • As convoluted as Greek politics are, the main obstacle for Syriza will come from other EU members and the Troika.   Finnish Prime Minister Alex Stubb made it clear “that we would say a resounding ‘no’ to forgive loans.” Merkel’s chief of staff, Peter Altmaier, says, “We have pursued a policy which works in many European countries, and we will stick to in the future.” IMF head Christine Lagarde chimed in that “there are rules that must be met in the euro zone,” and that “we cannot make special exceptions for specific countries.”   But Tsipras will, to paraphrase the poet Swinburne, not go entirely naked into Brussels, but “trailing clouds of glory.” Besides the solid support in Greece, a number of other countries and movements will be in the Belgian capital as well.   Syriza is closely aligned in Spain with Podemos, now polling ahead of the ruling conservative People’s Party. “2015 will be the year of change in Spain and Europe,” tweeted Podemos leader Pablo Iglesias in the aftermath of the election, “let’s go Alexis, let’s go!” Unemployment in Spain is 24 percent, and over 50 percent for young people.
  • At home, the Party will have to take on Greece’s wealthy tax-dodging oligarchs if it hopes to extend democracy and start refilling the coffers drained by the troika’s policies. It will also need to get a short-term cash infusion to meet its immediate obligations, but without giving in to yet more austerity demands by the troika.   For all the talk about Syriza being “extreme”—it stands for Coalition of the Radical Left— its program, as Greek journalist Kia Mistilis points, is “classic ‘70s social democracy”: an enhanced safety net, debt moratorium, minimum wage raise, and economic stimulus.   Syriza is pushing for a European conference modeled on the 1953 London Debt Agreement that pulled Germany out of debt after World War II and launched the “wirtschaftswunder,”or economic miracle that created modern Germany. The Agreement waved more than 50 percent of Germany’s debt, stretched out payments over 50 years, and made repayment of loans dependent on the country running a trade surplus.
  • The centerpiece of Syriza’s Thessaloniki program is its “four pillars of national reconstruction,” which include “confronting the humanitarian crisis,” “restarting the economy and promoting tax justice,” “regaining employment,” and “transforming the political system to deepen democracy.”   Each of the “pillars” is spelled out in detail, including costs, income and savings, and, while it is certainly a major break with the EU’s current model, it is hardly the October Revolution.   The troika’s austerity model has been quite efficient at smashing trade unions, selling off public resources at fire sale prices, lowering wages and starving social services. As a statement by the International Union of Food Workers argues, “Austerity is not the produce of a deficient grasp of macroeconomics or a failure of ‘social dialogue,’ it is a conscious blueprint for expanding corporate power.”
  • Under an austerity regime, the elites do quite well, and they are not likely to yield without a fight.   But Syriza is poised to give them one, and “the little party that could” is hardly alone. Plus a number of important elections are looming in Estonia, Finland, and Spain that will give anti-austerity forces more opportunities to challenge the policies of Merkel and the troika.   The spectre haunting Europe may not be the one that Karl Marx envisioned, but it is putting a scare into the halls of the rich and powerful.
  • Paul Merrell on 02 Feb 15
     
    I'm struck again by the poltical brilliance of Russia's decision to drop the South Stream Pipeline in favor of a new pipeline through Turkey to the border with Greece. Russia has gained an ally in Greece in terms of fighting economic sanctions on Russia and reinstating trade between Russia and the EU. Greece has veto power in the EU on any new sanctions or renewal of existing sanctions, at least most of which have sunset provisions. Russia also made allies of two NATO members, Greece and Turkey. And Greece is positioned by its threat of refusal to repay debt to the troika banksters to break the absolute hold the banksters have on monetary policy in the Eurozone. Russia magnifies that threat by saying that it is open to a proposal to bail out the Greek government. Not yet known is whether a condition would be abandoning the Euro as Greece's own currency. Greece might conceivably reinstate the drachma with its value pegged to a basket of foreign currencies, including the ruble and yuan. In other words, Greece leaving the EU and NATO and joining BRICS is conceivable.
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Greece delays EU agreement on Russia sanctions | World news | The Guardian - 0 views

www.theguardian.com/...-eu-agreement-russia-sanctions economic-warfare EU Greece Russia Ukraine
shared by Paul Merrell on 02 Feb 15 - No Cached
  • The new Greek government has picked its first fight with the European Union, delaying agreement on further EU sanctions against Russian-backed separatists in Ukraine. The move raised European and Nato fears that Moscow might seek to exploit the hard left and extreme right coalition under Alexis Tsipras as a Trojan horse within the key western alliances.
  • Before the foreign ministers’ meeting, the 28 EU ambassadors in Brussels met to draft the decisions to be discussed by the ministers. The Greek ambassador refused to agree to the key passage on sanctions – prolonging the blacklisting of 132 individuals and 28 “entities”, mainly in eastern Ukraine and Crimea.
  • Nikos Kotzias, the new Greek foreign minister, said Greece wanted to “prevent a rift” between Russia and the EU, although both sides have been in acute conflict for the past 10 months over Moscow’s assault on Ukraine. Kotzias was later quoted by Reuters as telling the meeting: “We are not against every sanction. We are in the mainstream, we are not the bad boys.”
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  • Tsipras said he was launching a war on Greece’s oligarchs and on tax evasion by the wealthy. He predicted that the negotiations with the EU over Greece’s debt burden would be long and difficult. While the financial dispute is by far the biggest issue in the fallout from the Greek election, diplomats and officials in Brussels are surprised that the new Athens team chose to pick a fight over Russia and Ukraine. The Greeks, like the Greek Cypriots, are broadly pro-Russian but have not previously threatened to veto EU action.
  • Officials speculated that Tsipras was using the Russia issue as a bargaining chip in the bigger fight over debt relief. If so, the gambit would go down badly as a crude blackmail attempt. With violence surging in eastern Ukraine and EU-Russia relations getting ever chillier, Moscow threatened to quit the Council of Europe, the Strasbourg-based human rights body which has nothing to do with the EU, after the council’s parliamentary assembly, grouping MPs from the member states, voted narrowly to strip Russia of its voting rights.
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Erdogan Blackmails NATO Allies - 0 views

www.counterpunch.org/...erdogan-blackmails-nato-allies war & peace NATO Turkey Syria Russia war-alert must-read
shared by Paul Merrell on 05 Dec 15 - No Cached
  • You know the country has really gone to the dogs when Washington’s main allies in its war on Syria are the two biggest terrorist incubators on the planet. I’m talking about Saudi Arabia and Turkey, both of which are run by fanatical Islamic zealots devoted to spreading violent jihad to the four corners of the earth. Not that the US doesn’t have blood on its hands too. It does, but that’s beside the point.
  • Four and half years later, the place is a worse mess than Iraq.  Half the population is either dead or internally displaced, the civilian infrastructure is a shambles, and nothing has been achieved. Nothing.  Assad is safely tucked away in Damascus, the jihadi proxies are on the run, and everyone hates the US more than ever. Great plan, eh? Where’s the downside? The downside is that now Washington finds itself backed against the wall with precious  few options that don’t involve a direct confrontation with Moscow.
  • These developments have forced Washington into a fallback position that will likely entail air-support for Turkish ground forces who will be deployed to Northern Syria to take and hold area sufficient for a “safe zone”, which is an innocuous sounding moniker the media invokes to conceal the fact that Turkey plans to annex sovereign Syrian territory which, by the way, is an act of war. Now fast-forward to last week:
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  • Some readers may have noticed disturbing headlines like this in the Wall Street Journal: “U.S. Urges Turkey to Seal Border” Or this Reuters piece that popped up on Monday:  “NATO allies act to strengthen Turkey’s air defenses” Why, you may ask, does Obama want Turkey to close the border now when the horse has already left the barn? What I mean is that the White House has known for over 3 years that the bulk of the jihadis were transiting Turkey on their way  to Syria, just like they knew that ISIS’s oil was being transported across Turkey.
  • So why is it so urgent to close the border now, after all, the damage is already done, right? Could it have something to do with the fact that Putin’s legions are moving north to seal the border? Could there be an alternate objective, for example, could the US and Turkey be setting the stage for an incursion into Syria that would secure the land needed for the glorious safe zone? That’s what most of the analysts seem to think, at least the ones that haven’t been coopted by the mainstream media. But why is NATO suddenly getting involved? What’s that all about? After all, Putin was reluctant to even commit his airforce to the Syrian conflict. It’s not like he’s planning to invade Turkey or something, right?
  • So, what’s really going on? For that, we turn to Moon of Alabama that provides this excellent summary in a recent post titled:  “The Real “Terrorist Sympathizers” Want To Wage War On Syria … And Russia”. Here’s an excerpt:  “Who initiated this sudden rush within major NATO governments to get parliamentary blank checks for waging a long war on Syria? Not only in the UK but also in France and Germany? The German government turned on a dime from “no military intervention in Syria ever” to “lets wage a war of terror on Syria” without any backing from the UN or international law. .. Who initiated this? A simple, medium size terror attack in Paris by some Belgians and French can not be the sole reason for this stampede. Did Obama call and demand support for his plans? What are these? I smell that a trap is being laid, likely via a treacherous Turkey, to somehow threaten Russia with, or involve it in, a wider war. This would include military attacks in east-Ukraine or Crimea as well as in Syria. Obama demanded European backing in case the issue gets out of hand. No other reason I have found explains the current panic. The terrorists the “west” supports in Syria are in trouble. The real terrorist sympathizers need to rush to their help. It is a start of all-out war on Syria and its Russian protectors.” (“Terrorist Sympathizers” Want To Wage War On Syria … And Russia“, Moon of Alabama)
  • Is that what’s going on? Has Turkish President Erdogan figured out how to hoodwink the NATO allies into a confrontation with Russia that will help him achieve his goal of toppling  Assad and stealing Syrian territory? It’s hard to say, but clearly something has changed,  after all, neither France, nor Germany nor the UK were nearly as gung-ho just a few weeks ago. Now they’re all hyped-up and ready for WW3. Why is that? Ahh, Grasshopper, that is the mystery, a mystery that was unraveled in an op-ed that appeared in the Tuesday edition of the Turkish newspaper Hurriyet Daily News. Here’s the excerpt: “The increase in military cooperation within NATO countries against ISIL and the piling up of NATO forces near Turkey’s border with Syria take place in parallel with the recent deal between Ankara and the Brussels over Syrian refugees and the re-activation of Turkey’s EU accession bid.” ….(“Western forces pile up on Turkey-Syria border“, Hurriyet)
  • Okay, so Erdogan worked out a deal with the other NATO countries. Why is that such a big deal? Well, check out this blurb from the Today’s Zaman:  “Erdogan’s advisor, Burhan Kuzu, summed it up even more succinctly saying: “The EU finally got Turkey’s message and opened its purse strings. What did we say? ‘We’ll open our borders and unleash all the Syrian refugees on you,’” Kuzu stated in his controversial tweet… ” (“EU bows to Turkey’s threat on refugees says Erdoğan advisor“, Today’s Zaman) Blackmail? Is that what we’re talking about, blackmail? It sure sounds like it. Let’s summarize: Erdogan intentionally releases tens of thousands of Syrian refugees into Europe to put pressure on EU politicians who quickly lose the support of their people and face the meteoric rise of right wing parties. And then, the next thing you know, Merkel, Hollande and every other EU leader is looking to cut a deal with Erdogan to keep the refugees in Turkey. Isn’t that how it all went down? Except we’re missing one important factoid here, because according to the first op-ed “The increase in military cooperation within NATO… and the piling up of NATO forces near Turkey’s border”…took  place in parallel with the deal between Ankara and the Brussels.”
  • Get it? So there was a quid pro quo that no one wants to talk about.  In other words, Germany, France and the UK agreed to support Erdogan’s loony plan to conduct military operations in Syria, risking a serious dust-up with Russia, in order to save their own miserable political careers. Boy, if that doesn’t take the cake, than I don’t know what does.
  • Paul Merrell on 05 Dec 15
     
    A must-read. Mike Whitney usually gets things right, although I'm not certain he's called this one correctly. On the other hand, he's not alone among close watchers who are predicting imminent war against Russia in Syria. The neocons and neolibs in Congress are screaming for it to happen because they see the U.S. getting edged out the Mideast by Russia. And NATO is definitely moving its forces in a direction that would enable that war and a second one in Ukraine. So as I see it, it's either posturing or a serious plan to go to war with Russia outside Russian territory. Think along the lines of a Korean War scenario, with Russia taking the place of China.   
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Blowback Begins: EU To Ditch Dollar In Payments For Iranian Oil | Zero Hedge - 0 views

www.zerohedge.com/...ch-dollar-payments-iranian-oil war & peace economic-warfare de-dollarization EU Iran
shared by Paul Merrell on 17 May 18 - No Cached
  • The dollar’s collapse is nearing.  The European Union is planning to switch it’s payments to the Euro for its oil purchases from Iran, eliminating United States dollar transactions.
  • it is highly likely that the US dollar will collapse as nations distance themselves from the United States’ often disastrous foreign policies.  As RTreported, dozens of contracts signed between European businesses and the Islamic Republic could be at risk of cancellation if Brussels obeys Washington’s sanctions. This would damage Iran’s economy and European firms would lose a huge market in the Middle East. Switching to alternative settlement currencies allows both sides to continue trading despite US sanctions and will damage the dollar in the process.  Earlier this week, EU foreign policy chief Federica Mogherini said that the foreign ministers of the UK, France, Germany, and Iran had agreed to work out practical solutions in response to Washington’s move in the next few weeks. The bloc is reportedly planning to maintain and deepen economic ties with Iran, including in the area of oil and gas supplies.
  • The dollar’s collapse is nearing.  The European Union is planning to switch it’s payments to the Euro for its oil purchases from Iran, eliminating United States dollar transactions.
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  • Just one more nail to the US dollar’s coffin.  Its collapse is all but imminent at this point. The EU has successfully found a way to scoff at potential future sanctions on Iran by openly defying the US; and as an “added bonus,” they’ve helped seal the dollar’s fate.  According to RT, a diplomatic source with the EU has told a news outlet of the decision.   “I’m privy to the information that the EU is going to shift from dollar to euro to pay for crude from Iran,” said the diplomatic source.  Brussels has been at odds with Washington over the US’s decision to withdrawal from the Iran nuclear deal, which was reached during the administration of Barack Obama. President Donald Trump has pledged to re-impose sanctions against the Islamic Republic as soon as he is able to do so. The Trump administration also has had plans to topple the current regime in Iran, according to leaked documents, and it looks like they’ve just given themselves the go-ahead:
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The Daily Bell - Richard Ebeling on Higher Interest Rates, Collectivism and the Coming ... - 0 views

www.thedailybell.com/...tivism-and-the-Coming-Collapse Richard-Ebeling The-Daily-Bell Austrian-Economics Liberty-Tryanny
shared by Gary Edwards on 17 Jun 13 - No Cached
  • The "larger dysfunction," as you express it, arises out of a number of factors. The primary one, in my view, is a philosophical and psychological schizophrenia among the American people.
  • While many on "the left" ridicule the idea, there is a strong case for the idea of "American exceptionalism," meaning that the United States stands out as something unique, different and special among the nations of the world.
  • the American Founding Fathers constructed a political system in the United States based on a concept on which no other country was consciously founded:
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  • But the American Revolution and the US Constitution hailed a different conception of man, society and government.
  • n the rest of the world, and for all of human history, the presumption has been that the individual was a slave or a subject to a higher authority. It might be the tribal chief; or the "divinely ordained" monarch who presumed to rule over and control people in the name of God; or, especially after the French Revolution and the rise of modern socialism, "the nation" or "the people" who laid claim to the life and work of the individual.
  • the idea of individual rights.
  • That is, as long as the individual did not violate the equal rights of others to their life, liberty and property, each person was free to shape and guide his own future, and give meaning and value to his own life as he considered best in the pursuit of that happiness that was considered the purpose and goal of each man during his sojourn on this Earth.
  • Governments did not exist to give or bestow "rights" or "privileges" at its own discretion.
  • Governments were to secure and protect each individual's rights, which he possessed by "the nature of things."
  • The individual was presumed to own himself. He was "sovereign."
  • The real and fundamental notion of "self-government" referred to the right of each individual to rule over himself.
  • Each individual, by his nature and his reason, had a right to his life, his liberty and his honestly acquired property.
  • during the first 150 years of America's history there was virtually no Welfare State and relatively few government regulations, controls and restrictions on the choices and actions of the free citizen.
  • But for more than a century, now, an opposing conception of man, society and government has increasingly gained a hold over the ideas and attitudes of people in the US.
  • It was "imported" from Europe in the form of modern collectivism.
  • The individual was expected to see himself as belonging to something "greater" than himself. He was to sacrifice for "great national causes."
  • He was told that if life had not provided all that he desired or hoped for, it was because others had "exploited" him in some economic or social manner, and that government would redress the "injustice" through redistribution of wealth or regulation of the marketplace.
  • If he had had financial and material success, the individual should feel guilty and embarrassed by it, because, surely, if some had noticeably more, it could only be because others had been forced to live with noticeably less.
  • left on its own, free competition tends to evolve into harmful monopolies and oligopolies, with the wealthy "few" benefiting at the expense of the "many."
  • They are the crises of the Interventionist-Welfare State: the attempt to impose reactionary collectivist policies of political paternalism and redistributive plunder on a society still possessing parts of its original individualist and rights-based roots.
  • it is in the form of communism's and socialism's critique of capitalism.
  • Unregulated capitalism leads to "unearned" and "excessive" profits; unbridled markets generate the business cycle and the hardships of recessions and depressions;
  • These two conflicting conceptions of man, society and government have been and are at war here in the United States.
  • And if it cannot be gotten and guaranteed through the redistributive mechanisms of the European Union and the euro, well, maybe we should return power to our own nation-states to provide the jobs, the social "safety nets" and the financial means to pay for it through, once again, printing our own national paper currencies.
  • This is the political-philosophical bankruptcy of the West and the dead ends of the collectivist promises of the last 100 years.
  • Ludwig von Mises's book, Socialism: An Economic and Sociological Analysis, originally published in 1922, demonstrated how and why a socialist, centrally planned system was inherently unworkable.
  • The nationalization of productive property, the abolition of markets and the prohibition of all competitive exchange among the members of society would prevent the emergence and operation of a price system, without which it is impossible to know people's demands for desired goods and the relative value they place on them.
  • It also prevents the emergence of prices for the factors of production (land, labor, capital) and makes it impossible to know their opportunity costs – the value of those factors of production in alternative competing uses among entrepreneurs desiring to employ them.
  • Without such a price system the central planners are flying blind, unable to rationally know or decide how best to utilize labor, capital and resources in productively efficient ways to make the goods and services most highly valued by the consuming public.
  • Thus, Mises concluded, comprehensive socialist central planning would lead to "planned chaos."
  • And, therefore, there is no guarantee that the amount of investments undertaken and their time horizons are compatible with the available resources not also being demanded and used for more immediate consumer goods production in the society.
  • As a consequence, financial markets do not work like real markets.
  • Thus, the interventionist state leads to waste, inefficiency and misuses of resources that lower the standards of living that we all, otherwise, could have enjoyed.
  • We cannot be sure what the amount of real savings may be in the society to support real and sustainable investment and capital formation.
  • Government intervention prevents prices from "telling the truth" about the real supply and demand conditions thus leading to imbalances and distortions in the market.
  • We cannot know what the "real cost" of borrowing should be, since interest rates are not determined by actual, private sector savings and investment decisions.
  • Government production regulations, controls, restrictions and prohibitions prevent entrepreneurs from using their knowledge, ability and capital in ways that most effectively produce the goods consumers actually want and at the most cost-competitive prices possible.
  • This is why countries around the world periodically experience booms and busts, inflations and recessions − not because of some inherent instabilities or "irrationalities" in financial markets, but because of monetary central planning through central banking that does not allow market-based financial intermediation to develop and work as it could and would in a real free-market setting.
  • But in the United States and especially in Europe, government "austerity" means merely temporarily reducing the rate of increase in government spending, slowing down the rate at which new debt is accumulating and significantly raising taxes in an attempt to close the deficit gap.
  • The fundamental problem is that over the decades, the size and scope of governments in the Western world have been growing far more than the rates at which their economies have been expanding, so that the "slice" of the national economic "pie" eaten by government has been growing larger and larger, even when the "pie" in absolute terms is bigger than it was, say, 30 or 40 years ago.
  • European governments, in general, take the view that "austerity" means squeezing the private sector more through taxes and other revenue sources to avoid any noticeable and significant cuts in what government does and spends.
  • So there is "austerity" for the private sector and a mad rush for financial "safety nets" for the government and those who live off the State.
  • In reality, of course, it is the burdens of government regulation, taxation and impediments to more flexible labor and related markets that have generated the high unemployment rates and the retarded recovery from the recession.
  • Instead, the "common market" ideal has been transformed into the goal of a European Union "Super-State" to which the individual countries and their citizens would be subservient and obedient.
  • Keynesian policies offer people and politicians what they want to hear. Claiming that any sluggish business or lost jobs are due to a lack of "aggregate demand," Keynes argued that full employment and profitable business could only be reestablished and maintained through "activist" government monetary and fiscal policy – print money and run budget deficits.
  • What Britain and Europe should have as its goal is the ideal of the classical liberal free traders of the 19th century – non-intervention by governments in people's lives, at home and abroad. That is, a de-politicization of society, so people may freely work, trade and travel as they peacefully wish, with government merely the protector of people's individual rights.
  • Take the benefits away and tell people they are free to come and work to support themselves and their families. Restore more flexibility and competitiveness to labor markets and reduce taxes and business regulations.
  • Then those who come to Britain's shores will be those wanting freedom and opportunity without being a burden upon others.
  • What was needed was a change in ideas from the statist mentality to one of individual freedom and unhampered free markets.
  • In an epoch of collectivist ideas, don't be surprised if governments regulate, control, intervene and redistribute wealth.
  • The tentacle of regulations, restrictions and politically-correct social controls are spreading out in every direction from Brussels and its European-wide manipulating and mismanaging bureaucracy.
  • In the name of assuring "national prosperity," politicians could spend money to buy the votes that get them elected and reelected to government offices.
  • And every special interest group could make the case that government-spending programs that benefitted them were all reasonable and necessary to assure a fully employed and growing economy.
  • Furthermore, the Keynesian rationale for government deficit spending enabled politicians to seem to be able to offer something for nothing. They could offer, say, $100 of government spending to voters and special interest groups but the tax burden imposed in the present might only be $75, since the remainder of the money to pay for that government spending was borrowed. And that borrowed money would not have to be repaid until some indefinite time in the future by unspecific taxpayers when that "tomorrow" finally arrived.
  • instability
  • Keynes argued that the market economy's inherent
  • arose from the
  • who were subject to irrational and unpredictable waves of "optimism" and "pessimism."
  • animal spirits" of businessmen
  • Mises argued that there was nothing inherent in the market economy to bring about these swings of economic booms followed by periods of depression and unemployment.
  • If markets got out of balance with the necessity of an eventual correction in the economy to, once again, set things right, the source of this instability was government monetary policy.
  • Central banks too often followed a policy of trying to create "good times" in the economy by expanding the money supply through the banking system.
  • With new, excess funds created by the central bank available for lending, banks lower rates of interest to attract borrowers.
  • But this throws savings and investment out of balance, since the rate of interest no longer serves as a reliable indicator and signal concerning the availability of real savings in the economy in relation to those wanting to borrow funds for various investment purposes.
  • The economic crisis comes when it is discovered that all the claims on resources, capital and labor for all the attempted consumption and investment activities in the economy are greater than the actual and available amounts of such scarce resources.
  • The recession period, in Mises's view, is the necessary "correction" period when in the post-boom era, people must adapt and adjust to the newly discovered "real" supply and demand conditions in the market.
  • Any interference with the "rebalancing" of the economy by government raising taxes, imposing more regulations, or new artificial government "stimulus" activities merely makes it more difficult and time-consuming for people in the private sector to get the economy back on an even keel.
  • Friedrich A. Hayek, once observed, unemployment is not "caused" by stopping an inflation, but rather inflation induces the artificial employments that cannot be sustained and which inevitably disappear once the inflation is reined in.
  • The recession of 2008-2009 was the result of several years of central bank stimulus.
  • From 2003 to 2008, the Federal Reserve increased the money supply by about 50 percent.
  • Interest rates for much of this time, when adjusted for inflation, were either zero or negative.
  • Awash in cash, banks extended loans to virtually anyone, with no serious and usual concern about the borrower's credit-worthiness.
  • This was most notably true in the housing market, where government agencies like Fannie May and Freddie Mac were pressuring banks to make mortgage loans by promising a guarantee that they would make good on any bad home loans.
  • Since 2008-2009, the Federal Reserve has, again, turned on the monetary spigot, increasing its own portfolio by almost $3 trillion, by buying US Treasuries, US mortgages and other assets.
  • So why has there not been a complementary explosion of price inflation?
  • In some areas there has been, most clearly in the stock market and the bond market, But the reason why all that newly created money has not brought about a higher price inflation is due to the fact that a large part of all newly created money is sitting as unlent reserves in banks.
  • This is because the Federal Reserve has been paying banks a rate of interest slightly above the market interest rates to induce banks not to lend.
  • (a) general "regime uncertainty," that is, no one knows what government policy will be tomorrow; will ObamaCare be fully implemented after January 2014?;
  • Among the reasons for the sluggish jobs growth in the US are:
  • (b) what will taxes be for the rest of the current president's term in the White House
  • (c) what will the regulatory environment be like for the next three years – in 2012, the government implemented around 80,000 pages of regulations as printed in the Federal Registry;
  • (d) how will the deficit and debt problems play out between Congress and the White House and will it threaten the general financial situation in the country; an
  • (e) what wars, if any, will the government find itself involved in, in places like the Middle East?
  • China
  • is still a controlled and commanded society, with a government that works hard to try to determine what people read, see and think.
  • All these building projects have been brought into existence by a government that not only controls the money supply and manipulates interest rates but also heavy-handedly tells banks whom to specifically loan to and for what investment activities.
  • Central planning is alive and well in China, with the motives being both power and profits for those inside and outside the Communist Party having the most influence and connections in "high" places.
  • In my opinion, China is heading for a great economic crisis, resulting from a highly imbalanced and distorted economic system still guided far more by politics than sound market decision-making.
  • global financial markets in any foreseeable future. It is a money that still primarily exists to serve the political purposes of those who sit in the "inner circles" of power in Beijing.
  • One hundred years ago, in 1913, how many could have predicted that a year later a European-wide war would break out that would lead to the destruction of great European empires and set the stage for the rise of totalitarian collectivism that resulted in an even worse global war two decades later?
  • Thus, whether, at the end of the day, freedom triumphs and the future is one of liberty and prosperity is partly on each one of us.
  • Near the end of his great book, Socialism, Ludwig von Mises said:
  • "Everyone carries a part of society on his shoulders; no one is relieved of his share of responsibility by others. And no one can find a safe way out for himself if society is sweeping towards destruction. Therefore, everyone, in his own interest, must thrust himself vigorously into the intellectual battle. None can stand aside with unconcern; the interests of everyone hang on the result. Whether he chooses or not, every man is drawn into the great historical struggle, the decisive battle into which our epoch has plunged us . . . Whether society shall continue to evolve or where it shall decay lies . . . in the hands of man."
  • In my view, the idea of a "soft landing" is an illusion based on the idea held by central bankers, themselves, that they have the wisdom and ability to know how to "micro-manage" the all the changes and adjustments resulting from their own manipulations of the monetary aggregates. They do not have this wisdom and ability. So hold on for what is most likely to be another rocky road.
  • It was Mises's clear vision that once society has broken the relationship between value and payment, sooner or later people would not know the price of anything.
  • At this point, investment ceases and business becomes furtive and transactional.
  • People cannot plan for the future because they do not understand the reality of the present.
  • Society begins to sink.
  • Gary Edwards on 17 Jun 13
     
    Incredible.  A simple explanation that explains everything.  Rchard Ebeling's "Unified Theory of Everything" is something every American can understand.  If only they would take a break from "Dancing with the Stars" and pay attention to the future of their country and the world.  It's a future where either "individual freedom", as defined by our Constitution and Declaration of Independence, will win out; or, the forces of fascist socialism / marxism will continue to roll and rule.  Incredible read!!!!
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UAWire - Italy has blocked the extension of sanctions against Russia - 0 views

uawire.org/...on-of-sanctions-against-russia war & peace economic-warfare EU Russia sanctions
shared by Paul Merrell on 28 Dec 16 - No Cached
  • At the EU summit in Brussels, Italy blocked the attempt to extend sanctions against Russia for one year. Rome was also against the extension of sanctions for alleged crimes committed by Russia in Syria. This was confirmed by the participants of the summit. "We had a discussion, which, fortunately, ended without considering the option that would be, in my opinion, erroneous. That is to respond to the situation in Syria and Aleppo with the EU sanctions against Russia", the Prime Minister of Italy, Paolo Gentiloni, said. He also added that most countries agreed with Italy that it would be a mistake to introduce new sanctions against Moscow in addition to those already imposed due to Russian aggression in Ukraine. Italy also was among the countries that opposed the proposal of Poland to keep the existing sanctions against Russia for a year rather than for six months. "Some of our colleagues have sought to extend the sanctions for 12 months, but in reality it was clear from the very beginning that it was still possible to maintain our current format," said the President of the European Council, Donald Tusk. Poland and some other countries were concerned that US president elect Donald Trump might try to ease the pressure on Russia after having taken office the next year. Tusk said it was still too early to say what the Trump’s policy will be.
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The Sultan of (Emergency) Swing - 0 views

www.strategic-culture.org/...sultan-emergency-swing.html war & peace Turkey coup-attempts U.S. foreign policy
shared by Paul Merrell on 31 Jul 16 - No Cached
  • Amidst an astonishing, relentless, wide-ranging purge that shows no signs of abating, with 60,000 – and counting – civil servants, academics, judges, prosecutors, policemen, soldiers jailed, fired, suspended or stripped of professional accreditation, it’s relatively established by now the Turkish government was very much informed a military coup was imminent on July 15. The information may have come from Russian intelligence, although neither Moscow nor Ankara will reveal any details. So, once and for all, this was no false flag.
  • As Erdogan solidifies his internal iron grip, a formerly iron clad connection – NATO/Turkey – slowly dissolves into thin air. It’s as if the fate of Incirlik air base was hangin’ – literally – by a few, selected radar threads. There’s extreme suspicion across the spectrum in Turkey that the Pentagon knew what the «rebels» were up to. It’s a fact that not a pin drops in Incirlik without the Americans knowing it. AKP members stress the use of NATO’s communication network to coordinate the putschists and thus escape Turkish intel. At a minimum, the putschists may have believed NATO would have their backs. No «NATO ally» deigned itself to warn Erdogan about the coup. Then there’s the saga of the refueling tanker for the «rebel» F-16s. The tankers in Incirlik are all the same model – KC-135R Stratotanker – for Americans and Turks alike. They work side by side and are all under the same command; the 10th Main Tanker Base, led by Gen. Bekir Ercan Van, who was duly arrested this past Sunday – as seven judges also confiscated all the control tower communications. Not by accident Gen. Bekir Ercan Van happened to be very close to Pentagon head Ash Carter. What happened in Turkish airspace after Erdogan’s Gulfstream IV left the Mediterranean coast and landed in Istanbul’s Ataturk airport has been largely mapped – but there are still some crucial gaps in the narrative open to speculation. As Erdogan has been tight-lipped in all his interviews, one is left with a Mission Impossible-style scenario featuring «rebel» F-16s «Lion One» and «Lion Two» on a «special mission» with their transponder off; their face off with loyalist «Falcon One» and «Falcon Two»; one of the «Lions» piloted by the none other than the man who shot down the Russian Su-24 last November; the by now famous tanker that took off from Incirlik to refuel the «rebels»; and three extra pairs of F-16s that took off from Dalaman, Erzurum and Balikesir to intercept the «rebels», including the pair that protected Erdogan’s Gulfsteam (which was using callsign THY 8456 to disguise it as a Turkish Airlines flight).
  • Notorious Saudi whistleblower «Mujtahid» caused a sensation as he revealed that the UAE not only «played a role» in the coup but also kept the House of Saud in the loop. As if this was not damning enough, the self-deposed emir of Qatar, Sheikh Hamad al-Thani, very close to Erdogan, has alleged that the US and another Western nation (France is a strong possibility) had staged the whole thing, with Saudi Arabian involvement. Ankara, predictably, denied all of it.
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  • Once again, the basic facts; every intel operative in Southwest Asia knows that without a Pentagon green light, Turkish military factions would have had an extremely hard, if not impossible, time to organize a coup. Moreover, during that fateful night, until it was clear the coup was a failure, the plotters – from Washington to Brussels – were not exactly being described as «evil». A top American intel source, which does not subscribe to the usual Beltway consensus, is adamant that, «the Turkish military would not have moved without the green light from Washington. The same thing was planned for Saudi Arabia in April 2014, but was blocked at the highest levels in Washington by a friend of Saudi Arabia». The source, thinking outside the box, subscribes to what should be regarded as the key, current working hypothesis; the coup took place, or was fast-forwarded, essentially «because of Erdogan's sudden rapprochement with Russia». Turks across the spectrum would add fuel to the fire, insisting that more than likely the Istanbul airport bombing was an Operation Gladio. Rumor mills from East to West are already advancing that Erdogan should leave NATO sooner or later and join the Shanghai Cooperation Organization (SCO).
  • Paul Merrell on 31 Jul 16
     
    It's ugly in Turkey. Thousands of schools closed, thousands of academics fired, tens of thousands of people being held in sports stadium makeshift prisons, 49 generals imprisoned, Amnesty International reports that torture and rape of prisoners is widespread, Erdogan has taken over the Turkish military. U.S. involvement in the failed coup attempt seems ironclad. Turkey's bid to join the E.U. is dead and it's expected to drop out of NATO as it swings toward Russian relations.
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Europe Votes To Impose Visas On Americans | Zero Hedge - 0 views

www.zerohedge.com/...e-votes-impose-visas-americans Trump EU visa-war
shared by Paul Merrell on 03 Mar 17 - No Cached
  • Donald Trump may soon find himself on the receiving end of a "visa war" that could have dire consequences for trans-Atlantic travel and European tourism. On Thuesday, EU lawmakers voted to force Americans to apply for visas when traveling to Europe in response to Washington refusing to allow all Europeans to travel to the States visa-free.
  • he vote by show of hands was the latest in an ongoing “visa war” between Brussels and Washington DC, which now looks set to come to a head after MEPs today agreed that US nationals crossing the Atlantic should require additional travel documents as long as citizens from five EU countries (Bulgaria, Croatia, Cyprus, Poland and Romania) are kept from entering America without a visa. A European Parliament source told Telegraph Travel this was a “serious negative step in the EU-USA visa war”. Following today's vote, the EU Commission now has two months to reintroduce visas for Americans wishing to travel to Europe, after MEPs agreed the EU is now “legally obliged” to suspend the Visa Waiver Programme (VWP) with the US for a year after the US administration failed to meet a deadline to respond something called visa reciprocity. Parliament and the European Council will have the chance to object to anything put forward by the Commission according to the Telegraph. The resolution passed despite warnings from the European Travel Commission (ETC) of the damage a visa war with the US might have on the continent’s tourism industry.
  • As we reported at the time, it was in April 2014 that the European Commission was first made aware that the US - along with Australia, Brunei, Canada and Japan - was failing to ensure the same visa waiver rights for its citizens that Europe offered in return. The Commission then gave the countries a deadline of two years before retaliating. Since, Australia, Brunei and Japan have all lifted their visa requirements, with Canada set to do the same by the end of the year, but the US has failed to act. There has not yet been a response to today’s vote from the US but the State Department’s Bureau of Consular Affairs has said in the past that Bulgaria, Croatia, Cyprus, Poland and Romania do not yet meet security requirements for the US VWP. Canada also imposes visa requirements on Bulgarian and Romanian citizens, but it has announced that they will be lifted in December. Since the imposition of a visa regime is perceived as a major hurdle to free travel, the implementation of the MEP vote would likely lead to a dramatic drop in airline travel across the US and Europe, coupled with a plunge in tourism and associated reveue. As a country looking to boost its tourism industry will often look at loosening any existing visa requirements, the opposite may suggest that the European decision may have political overtones and be in response to Trump's aggressive anti-immigration regime.
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Washington Orchestrated Protests Are Destabilizing Ukraine - PaulCraigRoberts.org - 0 views

www.paulcraigroberts.org/...protests-destabilizing-ukraine war & peace Ukraine U.S. CIA
shared by Paul Merrell on 13 Feb 14 - No Cached
  • 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.
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A Distorted Lens Justifying An Illegitimate Ukrainian Government - 0 views

www.mintpressnews.com/...186661 war & peace Ukraine coup snipers
shared by Paul Merrell on 19 Mar 14 - No Cached
  • Support it or oppose it, a coup d’état took place in Kiev after an EU-brokered agreement was signed by the Ukrainian government and the mainstream opposition on Feb. 21. The agreement called for power sharing between both sides through the formation of a national unity government and for an end to the opposition-led street protests in Kiev. President Viktor Yanukovych ordered the Ukrainian police and security forces to withdraw from their positions, and even earlier, he had made multiple concessions to the opposition leadership. Instead of keeping its end of the bargain, the Ukrainian mainstream opposition executed a coup through the use of violence by organized ultra-nationalist gangs, which some analysts have compared to stay-behinds or secretive militias that were created by NATO during the Cold War. These armed ultra-nationalist groups took over administrative bodies in Ukraine and fought until they managed to oust the Ukrainian government and opened the path for opposition leaders to take power on Feb. 25. The Ukrainian mainstream opposition used the EU-brokered agreement, which the Brussels-based European Commission deliberately refused to enforce, as a means of justifying the formation of a coup-imposed government.
  • In the absence of almost half the Ukrainian Verkhovna Rada, or Ukrainian Parliament, the opposition parties began to arbitrarily pass unconstitutional laws. They also unconstitutionally selected Oleksandr/Aleksandr Valentynovych Turchynov as the acting president of Ukraine before President Viktor Yanukovych was even impeached. Intimidation and violence were additionally used to secure the cooperation of any disagreeing parliamentarians or state officials in Kiev. Saying that the ultra-nationalists and fascists are marginal elements, the mainstream media networks in North America and the European Union have simply dismissed the armed ultra-nationalist groups involved in the coup that are presently integrated into the putsch regime running Kiev. The militant ultra-nationalists, however, are very influential and amassing power under the illegal premiership of Arseniy Yatsenyuk.  Yatsenyuk, himself, is from Yulia Tymoshenko’s notoriously corrupt All-Ukrainian Union Fatherland Party (Batkivshchyna) and essentially a U.S. and EU appointee. There is even a pre-coup leaked telephone interception, likely either recorded by the intelligence services of Russia or Ukraine, in which U.S. Assistant Secretary of State Victory Nuland says that Yatsenyuk will be appointed as the prime minister of the Ukrainian government that the U.S. is putting together.
  • It is unlikely that Yatsenyuk and the loosely-knit alliance of the governing parties that ran Ukraine under the Yushchenko-Tymoshenko governments, foreign-based Ukrainians, and the forces behind the Orange Revolution that form the Orangist camp which he belongs to could have gotten back into power in Ukraine without pressure, the use of force and foreign backing. Yatsenyuk was even threatened and booed by the Ukrainians gathered at Independence Square when it was announced that he would be appointed as the prime minister of the post-coup government. A vast segment of the protesters made it clear that Tymoshenko, Yatsenyuk’s party leader, was no alternative to the ousted President Viktor Yanukovych in their eyes, either, when it was announced that she wanted to run for prime minister. The Orangists do not have the support of a majority of the population, nor did they form the parliamentary majority in the Verkhovna Rada. Their Orangist president, Viktor Yushchenko, only got 5 percent of the vote in January 2010, in a show of no-confidence, whereas Viktor Yanukovych won the first and second rounds of the presidential elections in 2010. According to Victoria Nuland, the U.S. has also poured $5 billion into “democracy promotion” inside Ukraine. This is U.S. State Department doublespeak for politicized funding that Washington has sent to Ukraine to organize the Orange Revolution and its Euromaidan sequel or what can frankly be described as regime change.
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  • To rule Ukraine once more, the Orangists and their foreign backers have used and manipulated the ultra-nationalist elements of the population — some of which are openly anti-European Union — as their foot soldiers in an application of force against their democratically-elected opponents. Despite their views, the ultra-nationalists are actually more honest than the Orangist liberal figures like Arseniy Yatsenyuk. Unlike the misleading and utterly corrupt Orangist leaders, the ultra-nationalists do not hide their agendas and platforms.
  • The ultra-nationalists have inconsolably anti-Russian attitudes. Many of them also dislike a vast spectrum of other groups, including Jews, Armenians, Roma, Poles, Tatars, supporters of the Party of Regions and communists. In this context, it should come as no surprise that one of the first decisions that the post-coup regime in Kiev made was to remove the legal status of the Russian language as the regional language of half of Ukraine. Right Sector is, itself, a coalition of militant ultra-nationalists. These militants were instrumental in fighting government forces and taking over both government buildings in Kiev and regional governments in the western portion of Ukraine. Despite the protests of First Deputy Defense Minister Oleynik, Deputy Defense Minister Mozharovskiy and Defense Minister Babenk, Arseniy Yatsenyuk’s post-coup government has even given the ultra-nationalist opposition militias official status within the Ukrainian military and security forces. Yatsenyuk and the Orangists also dismissed all the officials that protested that the move would fracture the country and make the political divide in Ukraine irreversible.
  • Several members of Svoboda have been given key cabinet and government posts. One of the two junior deputy prime ministers, or assistant deputy prime ministers, is Oleksandr Sych. The ministry of agriculture and food has been given for management to Ihor Shvaika. The environment and natural resources ministry has been assigned to Andry/Andriy Mokhnyk. The defense minister is Ihor Tenyukh, a former admiral in the Ukrainian Navy who obstructed Russian naval movements in Sevastopol during the Russo-Georgian War over South Ossetia and who was later dismissed by the Ukrainian government for insubordination. Oleh Makhnitsky, another member of Svoboda, has been assigned as the new prosecutor-general of Ukraine by the coup government. Andry Parubiy, one of the founders of Svoboda, is now the post-coup secretary of the National Security and Defense Council of Ukraine (RNBO). He was the man controlling the so-called “Euromaidan security forces” that fought government forces in Kiev. His job as secretary is to represent the president and act on his behalf in coordinating and implementing the RNBO’s decisions. As a figure, Parubiy clearly illustrates how the mainstream opposition in Ukraine is integrated with the ultra-nationalists. Parubiy is an Orangist and was a leader in the Orange Revolution. He has changed parties several times. After founding Svoboda, he joined Viktor Yushchenko’s Our Ukraine before joining Yulia Tymoshenko’s Fatherland Party and being elected as one of the Fatherland Party’s deputies, or members of parliament.
  • While the mainstream media in North America and the EU look the other way about the ultra-nationalists in the coup government in Kiev, the facts speak for themselves. Both the EU and the U.S. governments have rubbed their elbows with the ultra-nationalists. Oleh Tyahnybok, the leader of Svoboda (formerly the Social Nationalist Party of Ukraine), was even part of the opposition triumvirate that all the U.S. and EU officials visiting Kiev met with while performing their political pilgrimages to Ukraine to encourage the protesters to continue with their demonstrations and riots demanding Euro-Atlantic integration. Svoboda has popularly been described as a neo-Nazi grouping. The World Jewish Congress has demanded that Svoboda be banned. The ultra-nationalist party was even condemned by the EU’s own European Parliament, which passed a motion on Dec. 13, 2012 categorically condemning Svoboda.
  • The ultra-nationalists are such an integral part of the mainstream opposition that the U.S.-supported Orangist president of Ukraine, Viktor Yushchenko, posthumously awarded the infamous Nazi collaborator Stepan Bandera the title and decoration of the “Hero of Ukraine” in 2010. Foreign audiences, however, would not know that if they relied on reportage from the likes of the U.S. state-run Radio Free Europe, which tried to protect Yushchenko because he wanted to reorient Ukraine toward the U.S. and EU. Parubiy also lobbied the European Parliament not to oppose Yushchenko’s decision. Other smaller ultra-nationalists parties were also given government posts, and several of the independent cabinet members are also aligned to these parties. Dmytro Yarosh from Right Sector (Pravyi Sektor) is the deputy secretary of the RNBO, and the Trizub Party was given the education ministry. Trizub had Sergey Kvit appointed to the post of education minister.
  • The role of the ultra-nationalists in executing the coup has been essentially ignored by the mainstream media in North America and the EU. The roots of the bloodshed in Kiev have been ignored, too. The shootings of protesters by snipers have simply been presented as the vile actions of the Ukrainian government, never taking into consideration the agitation of the armed ultra-nationalist gangs and the mainstream opposition leaders for a conflict. According to a leaked telephone conversation on Feb. 26 between Estonian Foreign Minister Urmas Paet and European Union Commissionaire Catherine Ashton, which was leaked by the Security Service of Ukraine (SBU) , the snipers who shot at protesters and police in Kiev were allegedly hired by Ukrainian opposition leaders. Estonian Foreign Minister Paet made the statements on the basis of details he was given by one of the head doctors of the medical team of the anti-government protests, Olga Bogomolets, an opponent of Viktor Yanukovych’s government who wanted it removed from power. Paet tells Ashton the following first: “There is now stronger and stronger understanding that behind the snipers, it was not Yanukovych, but it was somebody from the new coalition.” This is also corroborated by the fact that Yanukovych actually had ordered the Ukrainian riot police and security forces not to use lethal force.
  • The Estonian official then mentions that it was verified to him that the same snipers were killing people on both sides. He tells Ashton the following: “And second, what was quite disturbing, this same Olga [Bogomolets] told as well that all the evidence shows that the people who were killed by snipers from both sides, among policemen and then people from the streets, that they were the same snipers killing people from both sides.” Another important point that Paet makes to Ashton is the following: “[Dr. Olga Bogomolets] then also showed me some photos she said that as a medical doctor she can say that it is the same handwriting, the same type of bullets, and it’s really disturbing that now the new coalition, that they don’t want to investigate what exactly happened.” Past reports that the mainstream media were hostile to the ousted Ukrainian government also raise serious questions that corroborate what has been said about the snipers intentionally killing protesters to instigate regime change.
  • The Telegraph reported on Feb. 20 that “[a]t least three of the bodies displayed single bullet wounds to the heads,” and “were shot in the head, the neck or the heart. None were shot anywhere else like in the legs.” This means that the snipers were making kill shots by design, which seems like the last thing that the Ukrainian government would want to do when it was trying to appease the protesters and bring calm to Kiev. The Ukrainian journalist Alexey Yaroshevsky’s account of the sniper shootings is also worth noting, and it is backed up by footage taken by his Russian crew in Kiev.  Their footage shows armed opposition members running away from the scene of the shooting of anti-government protesters. What comes across as unusual is that the armed members of the opposition were constantly agitating to start firefights at every opportunity that they could get.
  • The commandant of the SSU, Major-General Oleksandr Yakimenko, has testified that his counter-intelligence forces were monitoring the CIA in Ukraine during the protests. According to the SSU, the CIA was active on the ground in Kiev and collaborating with a small circle of opposition figures. Yakimenko has also said that it was not the police or government forces that fired on the protesters, but snipers from the Philharmonic Building that was controlled by the opposition leader Andriy Parubiy, which he asserts was interacting with the CIA. Speaking to the Russian media, Yakimenko said that 20 men wearing “special combat clothes” and carrying “sniper rifle cases, as well as AKMs with scopes” ran out of the opposition-controlled Philharmonic Building and split into two groups of 10 people, with one taking position at the Ukraine Hotel. The anti-government protesters even saw this and asked Ukrainian police to pursue them, and even figures from Right Sector and Svoboda asked Yakimenko’s SSU to investigate and apprehend them, but Parubiy prevented it. Major-General Yakimenko has categorically stated that opposition leaders were behind the shootings. Following the release of the conversation between Paet and Ashton, the Estonian Foreign Ministry confirmed that the leak was authentic, whereas the European Commission kept silent. The mainstream media in North America and the EU either ignored it or said very little. The Telegraph even claimed that Dr. Bogomolets told it that she had not treated any government forces even though she contradicts this directly in an interview with CNN where says she treated military personnel.
  • CNN, on the other hand, quickly glossed over the story, giving it only enough attention to create the impression that the network is fairly covering the news. Opting not to give the story the airtime that it deserved, CNN instead posted it on its webpage. The conversation is immediately discredited, undermined and dismissed in the first sentence of the article, which is attributed to Foreign Minister Paet: “Don’t read too much into the conversation.” The article was deliberately structured by CNN to undermine the important information that would challenge the narrative that the U.S. mainstream media have been painting. The title, sub-titles and opening sentences of most texts act as microcosms or summaries of the articles, and in many cases, readers evaluate or decide to read the articles on the basis of what these texts communicate. Moreover, the first sentence of the article sets the tempo for readers and and influences their opinion, too. Although anyone who listens to the conversation between Paet and Ashton and considers the evidence that is being discussed would realize just how important the news was, the message being set forth by CNN was a dismissive one.
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Asia Times Online :: The new Great (Threat) Game in Eurasia - 0 views

www.atimes.com/...CEN-01-120314.html war & peace Ukraine Russia EU U.S.-foreign-policy NATO
shared by Paul Merrell on 13 Mar 14 - No Cached
  • In Ukraine, the West supported an unconstitutional putsch against an elected government perpetrated, among others, by fascist/neo-nazi storm troopers (Svoboda, Right Sector) instrumentalized by US intelligence. After a Russian counterpunch, US President Barack Obama proclaimed that any referendum in Crimea would "violate the Ukrainian constitution and violate international law." This is just the latest instance in the serial rape of "international law". The rap sheet is humongous, including; NATO bombing Serbia for 78 days in 1999 to allow Kosovo to secede; the 2003 US invasion and subsequent trillion-dollar occupation and civil war creation in Iraq; NATO/AFRICOM bombing Libya in 2011 invoking <a href='http://asianmedia.com/GAAN/www/delivery/ck.php?n=a9473bc7&cb=%n' target='_blank'><img src='http://asianmedia.com/GAAN/www/delivery/avw.php?zoneid=36&cb=%n&n=a9473bc7&ct0=%c' border='0' alt='' ></a> R2P ("responsibility to protect") as a cover to provoking regime change; US investment in the secession of oil-wealthy South Sudan, so China has to deal with an extra geopolitical headache; and US investment in perennial civil war in Syria.
  • Yet Moscow still (foolishly?) believes international law should be respected - presenting to the UN Security Council classified information on all Western intel/psy-ops moves leading to the coup in Kiev, including "training" provided by Poland and Lithuania, not to mention Turkish intelligence involvement in setting up a second coup in Crimea. Russian diplomats called for an unbiased international investigation. That will never happen; Washington's narrative would be completely debunked. Thus a US veto at the UN. Russian Foreign Minister Sergei Lavrov also called for the Organization for Security and Co-operation in Europe to objectively investigate those snipers shooting everyone on sight in Kiev, as revealed by Estonia's foreign minister to EU foreign policy supremo Catherine "I love Yats" Ashton. According to Russia's ambassador to the UN Vitaly Churkin, "a completely different picture would be drawn compared to what is being depicted by American media and, unfortunately, by some American and European politicians." Needless to say, there will be no investigation.
  • Everyone remembers the "good Taliban", with which the US could negotiate in Afghanistan. Then came the "good al-Qaeda", jihadis the US could support in Syria. Now come the "good neo-nazis", with which the West can do business in Kiev. Soon there will be "the good jihadis supporting neo-nazis", who may be deployed to advance US/NATO and anti-Russian designs in Crimea and beyond. After all, Obama mentor Dr Zbigniew "The Grand Chessboard" Brzezinski is the godfather of good jihadis, fully weaponized to fight the former Soviet Union in Afghanistan. As facts on the ground go, neo-nazis are definitely back as good guys. For the first time since the end of World War II, fascists and neo-nazis are at the helm of a European nation (although Ukraine most of all should be characterized as the key swing nation in Eurasia). Few in the West seem to have noticed it.
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  • The cast of characters include Ukrainian interim defense minister and former student at the Pentagon Ihor Tenyukh; deputy prime minister for economic affairs and Svoboda ideologue Oleksandr Sych; agro-oligarch minister of agriculture Ihor Svaika (Monsanto, after all, needs a chief enforcer); National Security Council chief and Maidan commander of Right Sector neo-nazis Andry Parubiy; and deputy National Security Council chief Dmytro Yarosh, the founder Right Sector. Not to mention Svoboda leader Oleh Tyanhybok, a close pal of John McCain and Victoria "F**k the EU" Nuland, and active proponent of an Ukraine free from the "Muscovite-Jewish mafia." As the Kremlin refuses to deal with this bunch and the upcoming March 16 referendum in Crimea is practically a done deal, Team "Yats" is fully legitimized, with honors, by Team Obama, leader included, in Washington. To quote Lenin, what is to be done? A close reading of President Putin's moves would suggest an answer: nothing. As in just waiting, while outsourcing the immediate future of a spectacularly bankrupt Ukraine to the EU. The EU is impotent to rescue even the Club Med countries. Inevitably, sooner or later, threat of sanctions or not, it will come crawling back to Moscow seeking "concessions", so Russia may also foot the bill.
  • Meanwhile, the New Great (Threat) Game in Eurasia advances unabated. Moscow would willingly compromise on a neutral Ukraine - even with neo-nazis in power in Kiev. But an Ukraine attached to NATO is an absolute red line. By the way, NATO is "monitoring" Ukraine with AWACS deployed in Polish and Romanian airspace. So as the much lauded "reset" between the Kremlin and the Obama administration is for all practical purposes six feet under (with no Hollywood-style second coming in the cards), what's left is the dangerous threat game. Deployed not only by the Empire, but also by the minions. That monster collection of Magritte-style faceless bureaucrats at the European Commission (EU), following on the non-stop threat of EU sanctions, has decided to delay a decision on whether Gazprom may sell more gas through the OPAL pipeline in Germany, and also delay negotiations on the legal status of South Stream, the pipeline under the Black Sea which should become operational in 2015.
  • As if the EU had any feasible Plan B to escape its dependency on Russian gas (not to mention eschew the very profitable financial game played between key European capitals and Moscow). What are they do, import gas on Qatar Airways flights? Buy LNG from the US - something that will not be feasible in years to come? The fact is the minute a gas war is on, if it ever comes down to it, the EU will be under immense pressure by a host of member-nations to keep (and even extend) its Russian gas fix - with or without "our (neo-nazi) bastards" in power in Kiev. Brussels knows it. And most of all, Vlad the Hammer knows it.
  • Paul Merrell on 13 Mar 14
     
    Pepe Escobar, again.
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Corrupt "Secret" Global Trade and Investor Agreements: EU Facilitating Corporate Plunde... - 0 views

www.globalresearch.ca/...5372796 banksters trade agreements arbitration vulture-capitalism
shared by Paul Merrell on 12 Mar 14 - No Cached
  • Since the economic crisis hit Europe, international investors have begun suing EU countries struggling under austerity and recession for a loss of expected profits, using international trade and investment agreements. Speculative investors are claiming more than 1.7 billion Euros in compensation from Greece, Spain and Cyprus in private international tribunals for the impact of measures implemented to deal with economic crises. This is the conclusion from a new report released by the Transnational Institute (TNI) and Corporate Europe Observatory (CEO). The report, ‘Profiting from Crisis – How corporations and lawyers are scavenging profits from Europe’s crisis countries’ (1), exposes a growing wave of corporate lawsuits against Europe’s struggling economies, which could lead to European taxpayers paying out millions of euros in a second major public bailout, this time to speculative investors. These lawsuits provide a warning of the potential high costs of the proposed trade deal between the US and the EU, which has just begun its fourth round of negotiations in Brussels.
  • Pia Eberhardt, trade campaigner with CEO and co-author of the report says: “Speculative investors are already using investment agreements to raid the cash-strapped public treasuries in Europe’s crisis countries. It would be political madness to grant corporations the same excessive rights in the even more far-reaching EU-US trade deal.”  The report examines a number of investor disputes launched against Spain, Greece and Cyprus in the wake of the European economic crisis. In most cases, the investors were not long-term investors, but rather invested as the crisis emerged and were therefore fully aware of the risks. They have used the investment agreements as a legal escape route to extract further wealth from crisis countries when their risky investment didn’t pay off.
  • For example, in Greece, Poštová Bank from Slovakia bought Greek debt after the bond value had already been downgraded and was then offered a very generous debt restructuring package, yet sought to extract an even better deal by suing Greece, using the bilateral investment treaty between Slovakia and Greece. In Cyprus, a Greek-listed private equity-style investor, Marfin Investment Group is seeking €823 million in compensation for their lost investments after Cyprus had to nationalise the Laiki Bank as part of an EU debt restructuring agreement. In Spain, 22 companies (at the time of writing), mainly private equity funds, have sued at international tribunals for cuts in subsidies for renewable energy. While the cuts in subsidies have been rightly criticised by environmentalists, only large foreign investors have the ability to sue.
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  • Growing controversy around the EU-US trade talks has forced the European Commission to temporarily halt negotiations on the investor rights chapter in the proposed transatlantic deal and announce a public consultation on the issue expected to start this month. ‘Investor rights’ is essentially a big business agenda that constitutes little more than a recipe for the further plundering of economies by powerful corporations. This agenda allows big business to bypass democracy and bully sovereign states into instituting policies that trample over ordinary citizens’ rights in the name of even higher profits (2).  However, the Commission has already indicated that it does not want to abandon these controversial corporate rights, but rather reform them.
  • This whole scenario is but one more ploy to facilitate what has been the biggest shift of wealth from the poor to the rich in modern history (3). The authors state that it is time to turn a spotlight on the bailout of investors and call for a radical rewrite of today’s global investment regime. In particular, European citizens and concerned politicians should demand the exclusion of investor-state dispute mechanisms from new trade agreements currently under negotiation, such as the proposed EU-US trade deal. A total of 75,000 cross-registered companies with subsidiaries in both the EU and the US could launch investor-state attacks under the proposed transatlantic agreement. Europe’s experience of corporate speculators profiting from crisis should be a salutary warning that corporations’ rights need to be curtailed and peoples’ rights put first.
  • Paul Merrell on 12 Mar 14
     
    In my lifetime, I have encountered only a single trade agreement, the Agreement on Technical Barriers to Trade, that I would have supported had I been given the opportunity, and its mandates have been trashed in their implementation. Beware "trade agreements" in general. They are almost uniformly the tools of banksters seeking greater profits at the expense of non-banksters. 
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EU votes to support suspending U.S. data sharing agreements, including passenger flight... - 0 views

www.zdnet.com/ssenger-flight-data-7000017677 surveillance state NSA blowback EU
shared by Paul Merrell on 06 Jul 13 - No Cached
  • The European Parliament on Thursday adopted a joint, cross-party resolution to begin investigations into widespread surveillance of Europeans by the U.S. National Security Agency (NSA). Read this EU to vote to suspend U.S. data sharing agreements, passenger records amid NSA spying scandal Read more In the vote, 483 voted for the resolution, 98 against, and 65 abstained on a vote that called on the U.S. to suspend and review any laws and surveillance programs that "violate the fundamental right of EU citizens to privacy and data protection," as well as Europe's "sovereignty and jurisdiction." The vote also gave backing to the suspension of data sharing deals between the two continents, should the European Commission take action against its U.S. ally.
  • The U.S. government faces continued criticism and pressure from its international allies following news that its intelligence agencies spied on foreign nationals under its so-called PRISM program. The U.K. government was also embroiled in the NSA spying saga, after its signals intelligence intercepting station GCHQ tapped submarine fiber optic cables under its own secret program, code named Tempora. Reuters reported on Wednesday that the Commission is examining whether the U.K. broke EU law, which could lead to fines imposed by the highest court in Europe.
  • Should the Commission decide it necessary to suspend the data sharing agreement of passenger details — including personal and sensitive individual data — it could ultimately lead to the grounding of flights between the EU and the U.S. Dutch MEP Sophie in 't Veld said in a statement after the vote: "We must consider now if the PNR and SWIFT agreements are still tenable in the circumstances." Critics say PNR data has never helped catch a suspected criminal or terrorist before. SWIFT data sharing, which provides U.S. authorities with secure banking details in a bid to crack down on terrorist financing, could also be suspended. A spokesperson for the D66 delegation in Brussels confirmed by email that the English version of the joint motion is "the right one and is leading," despite claims that there were "translation error[s]" between the different versions of the joint resolution.
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  • Members of the European Parliament (MEPs) in a plenary session in Strasbourg voted in favor of a section of the resolution that called on the Commission to "give consideration to all the instruments at their disposal in discussions and negotiations with the U.S. [...] including the possible suspension of the passenger name record (PNR) and terrorist finance tracking program (TFTP) agreements."
  • An EU source familiar with proceedings confirmed that the Commission now has the authority from the Parliament to suspend PNR and TFTP, but it falls at the Commission's discretion. Resolutions passed by the Parliament are not legally binding, but give backing to the Commission should the executive body wish to enact measures against a foreign power or entity. A Commission spokesperson confirmed that there are "no deadlines" on deciding whether it will follow up on the Parliament's resolution.
  • The Parliament's Civil Liberties, Justice and Home Affairs committee was given the authority by Thursday's vote to set up an inquiry to gather evidence from both U.S. and EU sources to assess the impact of the surveillance activities on EU citizens' fundamental right to privacy and data protection.
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Asia Times Online :: Middle East News, Iraq, Iran current affairs - 2 views

www.atimes.com/...MID-03-090913.html war & peace Syria Obama Pipelinestan U.S.-credibility
shared by Paul Merrell on 12 Sep 13 - No Cached
Gary Edwards liked it
  • There is nothing tragic about the Obama presidency, capable of drawing the analytical talents of a neo-Plutarch or a neo-Gibbon. This is more like a Pirandello farce, a sort of Character in Search of An Author. Candidates to Author are well documented - from the Israel lobby to the House of Saud, from a select elite of the industrial-military-security complex to, most of all, the rarified banking/financial elite, the real Masters of the Universe. Poor Barack is just a cipher, a <a href='http://asianmedia.com/GAAN/www/delivery/ck.php?n=a9473bc7&cb=%n' target='_blank'><img src='http://asianmedia.com/GAAN/www/delivery/avw.php?zoneid=36&cb=%n&n=a9473bc7&ct0=%c' border='0' alt='' ></a> functionary of empire, whose ''deciding'' repertoire barely extends to what trademark smile to flash at the requisite photo-ops. There's nothing ''tragic'' about the fact that during this week - marking the 12th anniversary of 9/11 - this presidency will be fighting for its bombing ''credibility'' trying to seduce Republican hawks in the US Congress while most of the warmongers du jour happen to be Democrats.
  • Republicans are torn between supporting the president they love to hate and delivering him a stinging rebuke - as much as they are aching to follow the orders of their masters, ranging from the American Israel Public Affairs Committee to military contractors. Once again, this is farce - caused by the fact that a man elected to finish off wars is eager to start yet another one. And once again without a United Nations vote. The White House ''strategy'' in this crucial negotiating week boils down to this; to convince the US Congress that the United States must start a war on Syria to punish an ''evil dictator'' - once again, as bad as Hitler - for gassing children. The evidence? It's ''indisputable''. Well, it's not ''irrefutable''. It's not even ''beyond-a-reasonable-doubt''. As Obama's Chief of Staff Denis McDonough admitted, with a straight face, it boils down to ''a quite strong common sense test, irrespective of the intelligence, that suggests that the regime carried this out''. So if this is really about ''common sense'', the president is obviously not being shown by his close coterie of sycophants this compendium of common sense, compiled by a group of top, extremely credible former US intelligence officials, which debunks all the ''evidence'' as flawed beyond belief. To evoke a farce from 12 years ago, this clearly seems to be a case of ''facts being fixed around the policy''.
  • The Arab street doesn't buy it because they clearly see through the hypocrisy; the desperate rush to ''punish'' the Bashar al-Assad government in Syria while justifying everything the apartheid state of Israel perpetrates in occupied Palestine. The Muslim world doesn't buy it because it clearly sees the demonization only applies to Muslims - from Arafat to bin Laden to Saddam to Gaddafi and now Assad. It would never apply to the military junta in Myanmar, which was clever enough to engineer an ''opening''; the next day Westerners were lining up to kiss the hem of Burmese longyis. It would never apply to the Islam Karimov dictatorship in Uzbekistan because ''we'' always need to seduce him as one of our bastards away from Russia and China. It eventually applies, on and off, to the Kim dynasty in North Korea, but with no consequences - because these are badass Asians who can actually respond to an US attack. Informed public opinion across the developing world does not buy it because they clearly see, examining the historical record, that Washington would never really be bothered with the sorry spectacle of Arabs killing Arabs, or Muslims killing Muslims, non-stop. The 1980-1988 Iran-Iraq war is a prime piece of evidence.
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  • Then there's the ''credibility'' farce. The Obama administration has convoluted the whole world in its own self-spun net, insisting that the responsibility for the ''red line'' recklessly drawn by the president is in fact global. Yet the pesky ''world'' is not buying it.
  • At the Group of 20 summit last week, the BRICS group of emerging powers - Brazil, Russia, India, China and South Africa - as well as Indonesia and Argentina, clearly stressed that a war on Syria without UN Security Council approval would qualify Obama as a war criminal. Even among the European poodles ''support'' for the White House is extremely qualified. Germany's Angela Merkel and even France's attack dog Francois Hollande said the primacy is with the UN. The European Union as a whole wants a political solution. It's enlightening to remember that the EU in Brussels can issue arrest warrants for heads of EU governments guilty of war crimes. Someone in Paris must have warned attack dog Hollande that he would not welcome the prospect of slammer time. ''Evil'' as a political category is something worthy of the brain dead. The key question now revolves around the axis of warmongers - Washington, Israel and the House of Saud. Will the Israel lobby, the more discreet but no less powerful Saudi lobby, and the Return of the Living Dead neo-cons convince the US Congress to fight their war?
  • And then there's the curioser and curioser case of al-Qaeda - essentially the Arabic denomination for a CIA database of US-Pakistani-Saudi trained mujahideen during the 1980s: the oh so convenient transnational bogeyman that ''legitimized'' the Global War On Terror (GWOT) of the George W Bush years; the ''opening'' for al-Qaeda to move to Iraq; and now, no middle men; the CIA and the Obama administration fighting side-by-side with al-Qaeda in Syria. No wonder the denomination ''al-CIAeda'' has gone viral. With farce after farce after farce piling up in their own Tower of Babel, the much-vaunted ''US credibility'' is in itself the biggest farce of all. Politically, no one knows how the vacuum will be filled. It won't be via the UN. It won't be via the BRICS. It won't be via the G-20 - which is seriously divided; at least new multipolar players are carrying way more weight than US poodles. Much would be made to restore ''US credibility'' if the Obama administration had the balls to force both the House of Saud and Qatar (''300 people and a TV station'', in the epic definition of Saudi Arabia's Prince Bandar Sultan - aka Bandar Bush) to end once and for all their weaponizing of hardcore ''rebels'' and ultimately hardcore jihadis, and accept Iran in the negotiating table for a real Geneva II peace process in Syria. It won't happen because this bypasses farce. Once again; helpless Barack is just a paperboy. The plutocrats in charge are getting extremely nervous. The system is melting - and they need to act fast.
  • They need a Syria as docile as the Arab petro-monarchies. They want to hit Russia bad - and then discuss missile defense and Russian influence in Eastern Europe from a position of force. They want to hit Iran bad - and then continue to issue ultimatums from a position of force. They want to facilitate yet another Israeli attempt to capture southern Lebanon (it's the water, stupid). They want a monster gas pipeline from Qatar for European customers bypassing Iran and Syria as well as Gazprom. Most of all, this is all about control of natural resources and channels of distribution. These are real motives - and they have nothing to do with farce. Farce is only deployed to kill any possibility of real diplomacy and real political discussion. Farce is a theatrical mask - as in ''humanitarian'' imperialism - the ''acceptable'' version of the Dick Cheney-run years. It's as if Dick Cheney had never left the building; paperboy Barack is Dick Cheney with a ''human'' face. The only good outcome in this multi-sorrowful tale is that the real ''international community'', all around the world, has seen the naked Emperor in all its (farcical) glory.
  • Paul Merrell on 12 Sep 13
     
    What can I say? The iconoclastic Pepe Escobar strikes again. 
  • Gary Edwards on 12 Sep 13
     
    Outstanding article Paul. Wow! Watching the 911 link now. But here's one for you: Massimo Mazzucco's new 5-hour documentary "September 11- The New Pearl Harbor" summarizes 12 years of public debate on 9-11, looking at the events from all sides. Watch a trailer for the film here: http://goo.gl/M5c0dj Full five hours available here: http://www.luogocomune.net/site/modules/sections/index.php?op=viewarticle&artid=167 I listened to a two hour interview with Massimo last night. Awesome stuff.
  • Paul Merrell on 13 Sep 13
     
    A 5-hour documentary will have to wait for tomorrow. I'm about 7 hours away from a deadline for the current development cycle's Help file. :-) I do think Pepe is a off on a couple of details in this article. The Neocons were mostly silent on this one and Rumsfeld came out against the intervention, saying that Obama hadn't made a valid case for war. That's most likely because the Neocons are joined at the hip with Israeli government and that government is a house divided this time around, with only factions supporting the military strike. The current thinking in Tel Aviv/Jerusalem is, in line with the Israeli right's long term strategy, that it's just fine with them to have Muslims running around killing each other in Syria. That long-term strategy is to destabilize Israel's Arab neighbor states while Israel builds its economic empire and military hegemony in the region. Israeli government isn't exactly thrilled by the prospect of Obama delivering fulfillment of the Saudi goal of transforming Syria from a secular state into a non-secular Islamic state run by Wahabi extremists. Such a state, armed to the teeth by the U.S. and/or the Saudi-Qatari zillionaires could be very bad news for Israel. Notably, the very strongest case thus far that the August 21 chemical attack was conducted by the opposition forces with the U.S. and Syria in on it to create a false flag attack, has been delivered in installments by Yossef Bodansky, an Israeli-American uber-scholar of Islamic "terrorism" and Soviet/Russian weaponry who is incapable of criticising Israel's decades-long terrorism inflicted on the Palestinian people and Israel's continuing unlawful occupation of Palestine plus parts of Jordan, Syria, and Lebanon. Bodanysky sits at the center of an intelligence web of intelligence professionals from nations worried about Islamic "terrorism." In other words, he's extremely pro-Israeli and to boot, very close to Mossad and Israel's IDF intelligence forces. Israel's AIPAC lobby d
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SPIEGEL Exclusive: NSA Spies on International Bank Transactions - SPIEGEL ONLINE - 0 views

www.spiegel.de/...ank-transactions-a-922276.html surveillance state NSA GCHQ VISA SWIFT banksters Tracfin
shared by Paul Merrell on 16 Sep 13 - No Cached
  • The National Security Agency (NSA) widely monitors international payments, banking and credit card transactions, according to documents seen by SPIEGEL. The information from the American foreign intelligence agency, acquired by former NSA contractor and whistleblower Edward Snowden, show that the spying is conducted by a branch called "Follow the Money" (FTM). The collected information then flows into the NSA's own financial databank, called "Tracfin," which in 2011 contained 180 million records. Some 84 percent of the data is from credit card transactions. Further NSA documents from 2010 show that the NSA also targets the transactions of customers of large credit card companies like VISA for surveillance. NSA analysts at an internal conference that year described in detail how they had apparently successfully searched through the US company's complex transaction network for tapping possibilities.
  • Their aim was to gain access to transactions by VISA customers in Europe, the Middle East and Africa, according to one presentation. The goal was to "collect, parse and ingest transactional data for priority credit card associations, focusing on priority geographic regions." In response to a SPIEGEL inquiry, however, VISA issued a statement in which it said, "We are not aware of any unauthorized access to our network. Visa takes data security seriously and, in response to any attempted intrusion, we would pursue all available remedies to the fullest extent of the law. Further, its Visa's policy to only provide transaction information in response to a subpoena or other valid legal process." The NSA's Tracfin data bank also contained data from the Brussels-based Society for Worldwide Interbank Financial Telecommunication (SWIFT), a network used by thousands of banks to send transaction information securely. SWIFT was named as a "target," according to the documents, which also show that the NSA spied on the organization on several levels, involving, among others, the agency's "tailored access operations" division. One of the ways the agency accessed the data included reading "SWIFT printer traffic from numerous banks," the documents show.
  • But even intelligence agency employees are somewhat concerned about spying on the world finance system, according to one document from the UK's intelligence agency GCHQ concerning the legal perspectives on "financial data" and the agency's own cooperations with the NSA in this area. The collection, storage and sharing of politically sensitive data is a deep invasion of privacy, and involved "bulk data" full of "rich personal information," much of which "is not about our targets," the document says.
  • Paul Merrell on 16 Sep 13
     
    NSA and GCHQ spying on banksters' transactions? I'll bet that comes to a screeching halt soon. Isn't it unwritten law in the Obama Administration that no government agencies mess with the banksters?
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US websites should inform EU citizens about NSA surveillance, says report - 0 views

www.computerweekly.com/...t-NSA-surveillance-says-report surveillance state NSA NSA-blowback EU cloud computing whistle-blowers
shared by Paul Merrell on 27 Sep 13 - No Cached
  • All existing data sharing agreements between Europe and the US should be revoked, and US web site providers should prominently inform European citizens that their data may be subject to government surveillance, according to the recommendations of a briefing report for the European Parliament. The report was produced in response to revelations about the US National Security Agency (NSA) snooping on internet traffic, and aims to highlight the subsequent effect on European Union (EU) citizens' rights.
  • The report warns that EU data protection authorities have failed to understand the “structural shift of data sovereignty implied by cloud computing”, and the associated risks to the rights of EU citizens. It suggests “a full industrial policy for development of an autonomous European cloud computing capacity” should be set up to reduce exposure of EU data to NSA surveillance that is undertaken by the use of US legislation that forces US-based cloud providers to provide access to data they hold.
  • To put pressure on the US government, the report recommends that US websites should ask EU citizens for their consent before gathering data that could be used by the NSA. “Prominent notices should be displayed by every US web site offering services in the EU to inform consent to collect data from EU citizens. The users should be made aware that the data may be subject to surveillance by the US government for any purpose which furthers US foreign policy,” it said. “A consent requirement will raise EU citizen awareness and favour growth of services solely within EU jurisdiction. This will thus have economic impact on US business and increase pressure on the US government to reach a settlement.”
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  • Other recommendations include the EU offering protection and rewards for whistleblowers, including “strong guarantees of immunity and asylum”. Such a move would be seen as a direct response to the plight of Edward Snowden, the former NSA analyst who leaked documents that revealed the extent of the NSA’s global internet surveillance programmes. The report also says that, “Encryption is futile to defend against NSA accessing data processed by US clouds,” and that there is “no technical solution to the problem”. It calls for the EU to press for changes to US law.
  • “It seems that the only solution which can be trusted to resolve the Prism affair must involve changes to the law of the US, and this should be the strategic objective of the EU,” it said. The report was produced for the European Parliament committee on civil liberties, justice and home affairs, and comes before the latest hearing of an inquiry into electronic mass surveillance of EU citizens, due to take place in Brussels on 24 September.
  • Paul Merrell on 27 Sep 13
     
    Yee-haw! E.U. sanctuary and rewards for NSA whistle-blowers. Mandatory warnings for customers of U.S. cloud services that their data may be turned over to the NSA. Pouring more gasoline on the NSA diplomatic fire. 
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EU threatens to suspend deal with US on tracking terrorists' funding | World news | the... - 0 views

www.theguardian.com/...data-sharing-terrorist-funding surveillance state NSA NSA-blowback EU
shared by Paul Merrell on 26 Sep 13 - No Cached
  • The European Union is threatening to freeze a crucial and controversial data-sharing deal with the US aimed at tracking terrorist funding because of the National Security Agency snooping scandal.
  • The terror finance tracking programme (TFTP) was agreed in 2010 under strong US pressure, requiring the EU authorities to transfer data to the US treasury from the Brussels-based system which collates global financial transaction data under the Society for Worldwide Interbank Financial Telecommunication (SWIFT).MEPs on the committee called for the agreement to be scrapped following recent reports that the NSA was also tapping into the SWIFT databases to gain access to the private data of Europeans on their financial dealings.The Dutch liberal MEP, Sophie in 't Veld, said the US breach of trust meant the transatlantic agreements, including another one divulging European air passenger details to the US authorities, should be ditched."For me the TFTP agreement is effectively dead ... null and void," she said.
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Asia Times Online :: The Kerry-Lavrov chess match - 0 views

www.atimes.com/...CEN-01-310314.html war & peace Ukraine Russia U.S.-foreign-policy
shared by Paul Merrell on 04 Apr 14 - No Cached
  • It's hardly a match between equals - as one is playing Monopoly while the other plays chess. It's as if Russian Foreign Minister Sergei Lavrov has been postponing his checkmate, while US Secretary of State John Kerry increasingly realizes he's facing the inevitable. Lavrov has explained over and over again, a loose federation is the only possible solution for Ukraine, as part of a "deep constitutional reform". That would imply ethnic - and even sentimentally - Russian eastern and southern Ukraine would be largely autonomous. Kerry gave signs of agreeing around two weeks ago that Ukrainian regions need more decision power; but then the White House recharged its moral blitzkrieg - coinciding with <a href='http://asianmedia.com/GAAN/www/delivery/ck.php?n=a9473bc7&cb=%n' target='_blank'><img src='http://asianmedia.com/GAAN/www/delivery/avw.php?zoneid=36&cb=%n&n=a9473bc7&ct0=%c' border='0' alt='' ></a> President Barack Obama's trip to The Hague and Brussels. Still, even after an inconclusive four-hour Kerry-Lavrov chess match in Paris, there will be a checkmate.
  • The Russian solution is the same plan proposed by Moscow already a few weeks ago, and again discussed on the phone by Obama and President Vladimir Putin on Friday - which prompted Kerry to redirect his flight to Paris. Each Ukrainian region, according to Lavrov, would be able to control its economy, taxes, culture, language, education and "external economic and cultural connections with neighboring countries or regions". That's such a sound plan that even former - or perennial, depending on spin - cold warriors such as Henry Kissinger and Zbig Brzezinski reasonably agree. The key problem is that Washington immovably considers the present Kiev set up - also known as the Khaganate of Nulands, as in State Department Assistant Secretary of State Victoria Nulands - as legitimate. Moscow sees them as a bunch of putschists and fascists. And Washington still refuses to press Kiev to accept a federal system - thus allowing, among other things, Russian as an official second language. The latest American stunt is a massive propaganda drive of "The Reds are coming" kind, about Russian troops massing at the border(pliant corporate media spins numbers over 100,000). Kerry, for the moment, is at least refraining from hysteria; he admits Washington and Moscow agree a diplomatic solution is a must, just to revert to the new meme - the artificial, Pentagon/NATO-spun "prelude to an invasion".
  • Paul Merrell on 04 Apr 14
     
    Pepe Escobar again on the Ukraine.
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Internet Giants Erect Barriers to Spy Agencies - NYTimes.com - 0 views

www.nytimes.com/...-barriers-to-spy-agencies.html surveillance-state NSA-reform DIY-reform internet-hardening digital-privacy
shared by Paul Merrell on 08 Jun 14 - No Cached
  • As fast as it can, Google is sealing up cracks in its systems that Edward J. Snowden revealed the N.S.A. had brilliantly exploited. It is encrypting more data as it moves among its servers and helping customers encode their own emails. Facebook, Microsoft and Yahoo are taking similar steps.
  • After years of cooperating with the government, the immediate goal now is to thwart Washington — as well as Beijing and Moscow. The strategy is also intended to preserve business overseas in places like Brazil and Germany that have threatened to entrust data only to local providers. Google, for example, is laying its own fiber optic cable under the world’s oceans, a project that began as an effort to cut costs and extend its influence, but now has an added purpose: to assure that the company will have more control over the movement of its customer data.
  • A year after Mr. Snowden’s revelations, the era of quiet cooperation is over. Telecommunications companies say they are denying requests to volunteer data not covered by existing law. A.T.&T., Verizon and others say that compared with a year ago, they are far more reluctant to cooperate with the United States government in “gray areas” where there is no explicit requirement for a legal warrant.
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  • Eric Grosse, Google’s security chief, suggested in an interview that the N.S.A.'s own behavior invited the new arms race.“I am willing to help on the purely defensive side of things,” he said, referring to Washington’s efforts to enlist Silicon Valley in cybersecurity efforts. “But signals intercept is totally off the table,” he said, referring to national intelligence gathering.“No hard feelings, but my job is to make their job hard,” he added.
  • Hardware firms like Cisco, which makes routers and switches, have found their products a frequent subject of Mr. Snowden’s disclosures, and their business has declined steadily in places like Asia, Brazil and Europe over the last year. The company is still struggling to convince foreign customers that their networks are safe from hackers — and free of “back doors” installed by the N.S.A. The frustration, companies here say, is that it is nearly impossible to prove that their systems are N.S.A.-proof.
  • Many point to an episode in 2012, when Russian security researchers uncovered a state espionage tool, Flame, on Iranian computers. Flame, like the Stuxnet worm, is believed to have been produced at least in part by American intelligence agencies. It was created by exploiting a previously unknown flaw in Microsoft’s operating systems. Companies argue that others could have later taken advantage of this defect.Worried that such an episode undercuts confidence in its wares, Microsoft is now fully encrypting all its products, including Hotmail and Outlook.com, by the end of this year with 2,048-bit encryption, a stronger protection that would take a government far longer to crack. The software is protected by encryption both when it is in data centers and when data is being sent over the Internet, said Bradford L. Smith, the company’s general counsel.
  • Mr. Smith also said the company was setting up “transparency centers” abroad so that technical experts of foreign governments could come in and inspect Microsoft’s proprietary source code. That will allow foreign governments to check to make sure there are no “back doors” that would permit snooping by United States intelligence agencies. The first such center is being set up in Brussels.Microsoft has also pushed back harder in court. In a Seattle case, the government issued a “national security letter” to compel Microsoft to turn over data about a customer, along with a gag order to prevent Microsoft from telling the customer it had been compelled to provide its communications to government officials. Microsoft challenged the gag order as violating the First Amendment. The government backed down.
  • In Washington, officials acknowledge that covert programs are now far harder to execute because American technology companies, fearful of losing international business, are hardening their networks and saying no to requests for the kind of help they once quietly provided.Continue reading the main story Robert S. Litt, the general counsel of the Office of the Director of National Intelligence, which oversees all 17 American spy agencies, said on Wednesday that it was “an unquestionable loss for our nation that companies are losing the willingness to cooperate legally and voluntarily” with American spy agencies.
  • In one slide from the disclosures, N.S.A. analysts pointed to a sweet spot inside Google’s data centers, where they could catch traffic in unencrypted form. Next to a quickly drawn smiley face, an N.S.A. analyst, referring to an acronym for a common layer of protection, had noted, “SSL added and removed here!”
  • Facebook and Yahoo have also been encrypting traffic among their internal servers. And Facebook, Google and Microsoft have been moving to more strongly encrypt consumer traffic with so-called Perfect Forward Secrecy, specifically devised to make it more labor intensive for the N.S.A. or anyone to read stored encrypted communications.One of the biggest indirect consequences from the Snowden revelations, technology executives say, has been the surge in demands from foreign governments that saw what kind of access to user information the N.S.A. received — voluntarily or surreptitiously. Now they want the same.
  • The latest move in the war between intelligence agencies and technology companies arrived this week, in the form of a new Google encryption tool. The company released a user-friendly, email encryption method to replace the clunky and often mistake-prone encryption schemes the N.S.A. has readily exploited.But the best part of the tool was buried in Google’s code, which included a jab at the N.S.A.'s smiley-face slide. The code included the phrase: “ssl-added-and-removed-here-; - )”
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Failure of the US coup d'État in Macedonia , by Thierry Meyssan - 0 views

www.voltairenet.org/article187685.html war & peace Macedonia U.S.-foreign-policy color-revolutions pipelinestan-wars
shared by Paul Merrell on 28 May 15 - No Cached
  • Macedonia has just neutralised an armed group whose sponsors had been under surveillance for at least eight months. By doing so, it has prevented a new attempt at a coup d’État, planned by Washington for the 17th of May. The aim was to spread the chaos already infecting Ukraine into Macedonia in order to stall the passage of a Russian gas pipeline to the European Union.
  • n the 9th of May, 2015, the Macedonian police launched a dawn operation to arrest an armed group which had infiltrated the country and which was suspected of preparing a number of attacks. The police evacuated the civilian population before launching the assault.
  • The suspects opened fire, which led to a bitter firefight, leaving 14 terrorists and 8 members of the police forces dead. 30 people were taken prisoner. There were a large number of wounded
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  • The Macedonian police were clearly well-informed before they launched their operation. According to the Minister for the Interior, Ivo Kotevski, the group was preparing a very important operation for the 17th May (the date of the demonstration organised by the Albanophone opposition in Skopje). The identification of the suspects has made it possible to determine that they were almost all ex-members of the UÇK (Kosovo Liberation Army) [1].
  • Among them were : • Sami Ukshini, known as « Commandant Sokoli », whose family played a historic rôle in the UÇK. • Rijai Bey, ex-bodyguard of Ramush Haradinaj (himself a drug trafficker, military head of the UÇK, then Prime Minister of Kosovo. He was twice condemned for war crimes by the International Penal Tribunal for ex-Yugoslavia, but was acquitted because 9 crucial witnesses were murdered during the trial). • Dem Shehu, currently bodyguard for the Albanophone leader and founder of the BDI party, Ali Ahmeti. • Mirsad Ndrecaj, known as the « NATO Commandant », grandson of Malic Ndrecaj, who is commander of the 132nd Brigade of the UÇK. The principal leaders of this operation, including Fadil Fejzullahu (killed during the assault), are close to the United States ambassador in Skopje, Paul Wohlers.
  • To eliminate any doubt about the identity of the operation’s sponsors, the General Secretary of NATO, Jens Stoltenberg, intervened even before the assault was over - not to declare his condemnation of terrorism and his support for the constitutional government of Macedonia, but to paint a picture of the terrorist group as a legitimate ethnic opposition : « I am following the events in Kumanovo with deep concern. I would like to express my sympathy to the families of those who were killed or wounded. It is important that all polititcal and community leaders work together to restore order and begin a transparent investigation in order to find out what happened. I am calling for everyone to show reserve and avoid any new escalation of violence, in the intersts of the nation and also the whole region. » You would have to be blind not to understand.
  • In January 2015, Macedonia foiled an attempted coup d’état organised for the head of the opposition, the social-democrat Zoran Zaev. Four peole were arrested, and Mr. Zaev had his passport confiscated, while the Atlantist press began its denunciation of an « authoritarian drift by the régime » (sic). Zoran Zaev is publicly supported by the embassies of the United States, the United Kingdom, Germany and Holland. But the only trace left of this attempted coup d’état indicates the repsponsibility of the US. On the 17th May, Zoran Zaev’s social-democrat party (SDSM) [2] was supposed to organise a demonstration. It intended to distribute 2,000 masks in order to prevent the police from identifying the terrorists taking part in the march. During the demonstration, the armed group, concealed behind their masks, were supposed to attack several institutions and launch a pseudo-« revolution » comparable to the events in Maidan Square, Kiev.
  • This coup d’État was coordinated by Mile Zechevich, an ex-employee of one of George Soros’ foundations. In order to understand Washington’s urgency to overthrow the Macedonian government, we have to go back and look at the gas pipeline war. Because international politics is a huge chess-board on which every move by any piece causes consequences for all the others.
  • The United States have been attempting to sever communications between Russia and the European Union since 2007. They managed to sabotage the projet South Stream by obliging Bulgaria to cancel its participation, but on the 1st December 2014, to everyone’s surprise, Russian President Vladimir Putin launched a new project when he succeeded in convincing his Turkish opposite number, Recep Tayyip Erdoğan, to sign an agreement with him, despite the fact that Turkey is a member of NATO [3]. It was agreed that Moscow would deliver gas to Ankara, and that in return, Ankara would deliver gas to the European Union, thus bypassing the anti-Russian embargo by Brussels. On the 18th of April 2015, the new Greek Prime Minister, Alexis Tsípras, gave his agreement that the pipeline could cross his country [4] . As for Macedonian Prime Minister Nikola Gruevski, he had already conluded discrete negotiations last March [5]. Finally, Serbia, which had been a partner in the South Stream project, indicated to the Russian Minister for Energy Aleksandar Novak, during his reception in Belgrade in April, that Serbia was ready to switch to the Turkish Stream project [6].
  • To halt the Russian project, Washington has multiplied its initiatives :  in Turkey, it is supporting the CHP against President Erdoğan, hoping this will cause him to lose the elections;  in Greece, on the 8th May, it sent Amos Hochstein, Directeur of the Bureau of Energy Ressources, to demand that the Tsípras government give up its agreement with Gazprom;  it plans – just in case – to block the route of the pipeline by placing one of its puppets in power in Macedonia;  and in Serbia, it has restarted the project for the secession of the small piece of territory - Voïvodine - which allows the junction with Hungary [7]. Last comment, but not the least: Turkish Stream will also supply Hungary and Austria, thus ending the alternative project negotiated by the United States with President Hassan Rohani (against the advice of the Revolutionary Guards) for supplying them with Iranian gas [8].
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