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Comments »Yearly Archives: 2013
A Word From Nigel Farage
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Comments »Graham: Nuke Strike in S.C. Could Be Coming, Military Source Leaks Black Ops Movement
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“GOOSE CREEK, S.C. (CBS Charlotte/AP) — South Carolina U.S. Sen. Lindsey Graham says he’s convinced that Syrian President Assad used chemical weapons on his own people.
Graham told reporters in Goose Creek on Tuesday that taking action against Syria in response to the situation is not a question of yes or no, but rather a question of bad or worse choices.
He says if there is no U.S. response, Iran will not believe America’s resolve to block Iran from developing nuclear weapons. Graham also says those nuclear weapons in the hands of terrorists could result in a bomb coming to Charleston Harbor.
He says he’s working to convince South Carolinians weary of war that the situations in Syria and Iran are linked. Graham says Syria could destabilize the entire Middle East…..”
Comments »Echoes of Darkness
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Comments »Reality Check
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In Plane Sight
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In Response to the President’s Speech on Syria ~ 9.10.13
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Comments »Tick Tock: Is It 11:59pm On the Petrodollar Clock ?
Claims have been made that our war of aggression in the middle east is in part over control of the petrodollar. After all, it was Saddam Hussein who started the notion of trading oil in Euros and other currencies over the dollar.
Qaddafi was in the process of creating a gold backed currency to trade oil and other goods specifically to avoid use of the dollar.
Iran has also sought to create a Bursa to trade oil in any currency other than the dollar.
Putting speculation aside, i remember reading and posting articles on the perils the dollar faces from developing current events; here is a summation of some of those articles.
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An Open Message to Congress
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Comments »The Truth About Lobbing Tomahawks On Syria
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Comments »Rick Hanauer: “Rich People Do Not Create Jobs”
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Comments »Documentary: Psywar
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Comments »A Possible Reason to Enter Syria
” “The powers of financial capitalism had another far reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole.” —Prof. Caroll Quigley, Georgetown University, Tragedy and Hope (1966)
Iraq and Libya have been taken out, and Iran has been heavily boycotted. Syria is now in the cross-hairs. Why? Here is one overlooked scenario.
In an August 2013 article titled “Larry Summers and the Secret ‘End-game’ Memo,” Greg Palast posted evidence of a secret late-1990s plan devised by Wall Street and U.S. Treasury officials to open banking to the lucrative derivatives business. To pull this off required the relaxation of banking regulations not just in the US but globally. The vehicle to be used was the Financial Services Agreement of the World Trade Organization.
The “end-game” would require not just coercing support among WTO members but taking down those countries refusing to join. Some key countries remained holdouts from the WTO, including Iraq, Libya, Iran and Syria. In these Islamic countries, banks are largely state-owned; and “usury” – charging rent for the “use” of money – is viewed as a sin, if not a crime. That puts them at odds with the Western model of rent extraction by private middlemen. Publicly-owned banks are also a threat to the mushrooming derivatives business, since governments with their own banks don’t need interest rate swaps, credit default swaps, or investment-grade ratings by private rating agencies in order to finance their operations.
Bank deregulation proceeded according to plan, and the government-sanctioned and -nurtured derivatives business mushroomed into a $700-plus trillion pyramid scheme. Highly leveraged, completely unregulated, and dangerously unsustainable, it collapsed in 2008 when investment bank Lehman Brothers went bankrupt, taking a large segment of the global economy with it. The countries that managed to escape were those sustained by public banking models outside the international banking net.
These countries were not all Islamic. Forty percent of banks globally are publicly-owned. They are largely in the BRIC countries—Brazil, Russia, India and China—which house forty percent of the global population. They also escaped the 2008 credit crisis, but they at least made a show of conforming to Western banking rules. This was not true of the “rogue” Islamic nations, where usury was forbidden by Islamic teaching. To make the world safe for usury, these rogue states had to be silenced by other means. Having failed to succumb to economic coercion, they wound up in the crosshairs of the powerful US military.
Here is some data in support of that thesis.
The End-game Memo
In his August 22nd article, Greg Palast posted a screenshot of a 1997 memo from Timothy Geithner, then Assistant Secretary of International Affairs under Robert Rubin, to Larry Summers, then Deputy Secretary of the Treasury. Geithner referred in the memo to the “end-game of WTO financial services negotiations” and urged Summers to touch base with the CEOs of Goldman Sachs, Merrill Lynch, Bank of America, Citibank, and Chase Manhattan Bank, for whom private phone numbers were provided.
The game then in play was the deregulation of banks so that they could gamble in the lucrative new field of derivatives. To pull this off required, first, the repeal of Glass-Steagall, the 1933 Act that imposed a firewall between investment banking and depository banking in order to protect depositors’ funds from bank gambling. But the plan required more than just deregulating US banks. Banking controls had to be eliminated globally so that money would not flee to nations with safer banking laws. The “endgame” was to achieve this global deregulation through an obscure addendum to the international trade agreements policed by the World Trade Organization, called the Financial Services Agreement. Palast wrote:
Until the bankers began their play, the WTO agreements dealt simply with trade in goods–that is, my cars for your bananas. The new rules ginned-up by Summers and the banks would force all nations to accept trade in “bads” – toxic assets like financial derivatives.
Until the bankers’ re-draft of the FSA, each nation controlled and chartered the banks within their own borders. The new rules of the game would force every nation to open their markets to Citibank, JP Morgan and their derivatives “products.”
And all 156 nations in the WTO would have to smash down their own Glass-Steagall divisions between commercial savings banks and the investment banks that gamble with derivatives.
The job of turning the FSA into the bankers’ battering ram was given to Geithner, who was named Ambassador to the World Trade Organization.
WTO members were induced to sign the agreement by threatening their access to global markets if they refused; and they all did sign, except Brazil. Brazil was then threatened with an embargo; but its resistance paid off, since it alone among Western nations survived and thrived during the 2007-2009 crisis. As for the others:
The new FSA pulled the lid off the Pandora’s box of worldwide derivatives trade. Among the notorious transactions legalized: Goldman Sachs (where Treasury Secretary Rubin had been Co-Chairman) worked a secret euro-derivatives swap with Greece which, ultimately, destroyed that nation. Ecuador, its own banking sector de-regulated and demolished, exploded into riots. Argentina had to sell off its oil companies (to the Spanish) and water systems (to Enron) while its teachers hunted for food in garbage cans. Then, Bankers Gone Wild in the Eurozone dove head-first into derivatives pools without knowing how to swim–and the continent is now being sold off in tiny, cheap pieces to Germany…..”
Comments »iThink You Need to reThink
“He who passively accepts evil is as much involved in it as he who helps to perpetrate it. He who accepts evil without protesting against it is really cooperating with it.”
~Martin Luther King
[youtube://http://www.youtube.com/watch?v=rNR6Kbg5jJ8 450 300] Comments »iPlay With Syria
“Critics of a possible U.S. military intervention in Syria say any potential campaign would be a serious gamble for American interests. But for John McCain, the high stakes were apparently centered on his iPhone afterMcCain was photographed playing a game of video poker during Tuesday’s Senate hearings on Syria.
“Scandal! Caught playing iPhone game at 3+ hour Senate hearing – worst of all I lost!” McCain wrote to his 1,822,263 Twitter followers after the photo, taken by the Washington Post, began making the rounds on social media.
Despite laughing off the incident, McCain’s poker moment has made him the target of criticism from war opponents and landed him front and center on the Drudge Report.
McCain has quickly become the most prominent supporter of President Obama’s call for military action against the Syrian regime after the government of Bashar al-Assad allegedly used chemical weapons against civilians.
On Monday, McCain said a vote against Obama’s military proposal would be “catastrophic” for U.S. interests….”
On the Matter of Chemical Weapons Use: An Interesting Twist Indeud
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Comments »CNN Caught Staging Syrian Conflict
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Comments »FLASH: A Message From the President
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“The heart-breaking news from Fukushima continues to get worse -a lot worse. It is, quite simply, an out-of-control flow of death and destruction.
TEPCO is finally admitting that radiation has been leaking to the Pacific Ocean all along and it’s not showing signs of stopping just yet.
It now appears that anywhere from 300 to possibly over 450 tons of contaminated water that contains radioactive iodine, cesium, and strontium-89 and 90, is flooding into the Pacific Ocean from the Fukushima Daiichi site everyday.
To give you an idea of how bad that actually is, Japanese experts estimate Fukushima’s fallout at 20-30 times as high as as the Hiroshima and Nagasaki nuclear bombings in 1945.
There’s a lot you’re not being told…..”
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Cui Bono – Why The U.S. Is in a Lose Lose Scenario Over Syria
Someone wants to get the United States into a war with Syria very, very badly. Cui bono is an old Latin phrase that is still commonly used, and it roughly means “to whose benefit?” The key to figuring out who is really behind the push for war is to look at who will benefit from that war. If a full-blown war erupts between the United States and Syria, it will not be good for the United States, it will not be good for Israel, it will not be good for Syria, it will not be good for Iran and it will not be good for Hezbollah. The party that stands to benefit the most is Saudi Arabia, and they won’t even be doing any of the fighting.
They have been pouring billions of dollars into the conflict in Syria, but so far they have not been successful in their attempts to overthrow the Assad regime. Now the Saudis are trying to play their trump card – the U.S. military. If the Saudis are successful, they will get to pit the two greatest long-term strategic enemies of Sunni Islam against each other – the U.S. and Israel on one side and Shia Islam on the other. In such a scenario, the more damage that both sides do to each other the happier the Sunnis will be.
There would be other winners from a U.S. war with Syria as well. For example, it is well-known that Qatar wants to run a natural gas pipeline out of the Persian Gulf, through Syria and into Europe. That is why Qatar has also been pouring billions of dollars into the civil war in Syria. So if it is really Saudi Arabia and Qatar that want to overthrow the Assad regime, why does the United States have to do the fighting?
Someone should ask Barack Obama why it is necessary for the U.S. military to do the dirty work of his Sunni Muslim friends. Obama is promising that the upcoming attack will only be a “limited military strike” and that we will not be getting into a full-blown war with Syria.
The only way that will work is if Syria, Hezbollah and Iran all sit on their hands and do nothing to respond to the upcoming U.S. attack. Could that happen? Maybe. Let’s hope so. But if there is a response, and a U.S. naval vessel gets hit, or American blood is spilled, or rockets start raining down on Tel Aviv, the U.S. will then be engaged in a full-blown war. That is about the last thing that we need right now.
The vast majority of Americans do not want to get embroiled in another war in the Middle East, and even a lot of top military officials are expressing “serious reservations” about attacking Syria according to the Washington Post…
The Obama administration’s plan to launch a military strike against Syria is being received with serious reservations by many in the U.S. military, which is coping with the scars of two lengthy wars and a rapidly contracting budget, according to current and former officers. Having assumed for months that the United States was unlikely to intervene militarily in Syria, the Defense Department has been thrust onto a war footing that has made many in the armed services uneasy, according to interviews with more than a dozen military officers ranging from captains to a four-star general.
For the United States, there really is no good outcome in Syria. If we attack and Assad stays in power, that is a bad outcome for the United States.
If we help overthrow the Assad regime, the rebels take control. But they would be even worse than Assad. They have pledged loyalty to al-Qaeda, and they are rabidly anti-American, rabidly anti-Israel and rabidly anti-western. So why in the world should the United States get involved? …”
Comments »Documentary: The Invisible War
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6 parts in all. When the current clips is done click on the clip on the upper left hand corner to continue….
Cheers on your holiday weekend!
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