Saturday, September 22, 2018

Sylvain LAFOREST - The Unpleasant Truth About The 1941 Parachuting Of Rudolf Hess In England

An interesting article, but I'm not a historian so I don't know how accurate it is. Because the winners write history and many of the facts are missing, Sylvain Laforest does say his conclusions are soeculative, but he thinks he has got it about right.

Rather than a great mystery, the parachuting of Hess is much more an explanation about the historical reality that transpires in the most obvious way, thanks to the 180 degrees change of behavior by the US about its involvement in the war after the event. Because History was written by those who won the war, what it will fail to explain, or even mention, is that England and the USA had totally different reasons for the funding of Adolf’s diabolical plans. While England wanted Germany to crush every other minor colonial empire to consolidate its own, destroy the dangerous Soviet Union and also deport every European Jew to Palestine to create Israel to finally implement the 1917 Balfour resolution, the objectives of the American banks were definitely not the same as those of the Bank of England. As a matter of fact, one of them was diametrically opposed: they had financed Hitler to crush the British Colonial Empire, and completely take over the role of the hegemonic leaders of the New World Order. Reduced to a much simpler formula, Wall Street sought to replace the Rothschild. By invading England and especially the City of London, a tiny part of the capital that works as an independent state, Hitler would’ve destroyed the Rothschild empire. The City of London was the world’s financial power center and wealthiest square mile on the planet that hosts the Bank of England, the Lloyd’s of London, the London stock exchange, and every other British bank. Everything points to the fact that American bankers and industrials had armed Hitler to the teeth to give a deathblow straight in the heart of the British Empire financial system.
Against all we were taught in school, WW2 is in its essence a triangle of treasons between the great Anglo-Saxon allies in their quest of the world economical and political dominance, and their German proxy. Since history has a tendency to repeat itself, the war in Syria is a carbon-copy replica of WW2, with Daesh playing the Nazis, and the same Western coalition that had to put their boots on the ground when its proxy army began to fail against, once more, Russia.
Oriental Review

Friday, September 21, 2018

Tyler Durden - Leaked Memo Shows US Overlooked Mass Civilian Deaths In Yemen To Preserve Arms Sales

G.W.Bush once said that sometimes money trumps peace. 

On rare occasion a story is unearthed in the mainstream media which demonstrates in stunning clarity how major foreign policy decisions are really made in Washington, especially when it comes to waging perpetual war in the Middle East often under the official rhetorical guise of "protecting civilians".
A bombshell Wall Street Journal report details a leaked classified memo which shows Secretary of State Mike Pompeo decided to continue US military involvement in the Saudi war on Yemen in order to preserve a massive $2 billion weapons deal with Riyadh

Brendon Petersen — A Container Ship Is Sailing Through Russia's Arctic Passage for the First Time

On August 23, the container ship Venta Maersk left the Russian port of Vladivostok and headed to Bremerhaven in Germany. Normally, a trip like that would take the Venta Maersk through the Suez Canal on a 34 day trip. Instead, the ship will sail through the sea north of Russia on a route that will only take 23 days. 
Last week, the Venta Maersk passed through the Sannikov Strait, the narrowest and most hazardous part of its journey, and is expected to arrive in Germany by the end of the week. Once it arrives, it will become the first container ship to complete a successful route through the Arctic Circle.
However, Maersk says that this doesn’t mean container ships will be flocking to the Arctic anytime soon. The route is only open for three months from July to October, and any ships looking to sail in this region have to be specially outfitted to sail in ice-filled water. These extra considerations make the route less profitable than it might be otherwise....
Popular Mechanics
A Container Ship Is Sailing Through Russia's Arctic Passage for the First Time
Brendon Petersen

Off-Guardian - NYT Admits “no evidence” of Russian Collusion.

Headline says it all really – it’s not exaggeration or spin on our part. For months, years even, we’ve been told that Trump is “the Siberian candidate”, or “Putin’s puppet” and “Russia’s Weapon”. The evidence was never supplied, but those who questioned the claim were mocked, derided and ignored.
None of that matters now…because today, in the New York Times, these words were published:
no public evidence has emerged showing that his campaign conspired with Russia in the election interference or accepted Russian money.”
For proof, and just in case they take it down, here’s a screen cap:
Right there in black-and-white. There are other words, of course, thousands of them, a quarter of a novel. But none of the others matter: filler and pulp and gossip and nonsense.
What we’ve been saying, all along, is finally an admitted fact in the mainstream media.
Moon of Alabama has done a good piece on this here.

RT — Ex-Google CEO: Internet will split in two, with China controlling half

“I think the most likely scenario now is not a splintering, but rather a bifurcation into a Chinese-led internet and a non-Chinese internet led by America,” Schmidt told tech-heads at a private event in San Francisco on Wednesday, organized by investment firm Village Global VC....
Ex-Google CEO: Internet will split in two, with China controlling half

John Weeks — Why the public debt should be treated as an asset

Overt money financing.

Open Democracy
Why the public debt should be treated as an asset
John Weeks | Professor Emeritus, School of Oriental & African Studies, University of London, and author of 'Economics of the 1%: How mainstream economics serves the rich, obscures reality and distorts policy', Anthem Press

Tom Luongo — Trump Folds on Nordstream 2 Because … Logic

Since its first announcement I have been convinced the Nordstream 2 pipeline would be built. I have followed every twist of this story from my days writing for Newsmax.
And the reason for my confidence can be summed up in one word. Money. 
Nordstream 2 simply makes too much economic sense for any amount of political whining from the U.S. and Poland to stop it. Poland has no power within the European Union.
Germany does. And while I’m no fan of Angela Merkel getting another political weapon to hold over the heads of the Poles, their attempts to derail the project were always going to end in tears for them.
And so now Poland and the U.S. cried a lot of crocodile tears recently when President Trump finally acceded to reality and ended the threat of sanctioning five of the biggest oil majors in the world over doing business with Gazprom over Nordstream 2.
Nordstream 2’s investors are Uniper, OMV, Wintershall, Royal Dutch Shell and Eni. After all the permits were issued and construction begun the only thing that could stop Nordstream from happening was these five companies folding to U.S. pressure and backing out of the project by calling in their loans to Gazprom.
And when they were unwilling to do that, Trump had to fold because you can’t cut these companies out of the western banking system and starve them of dollars and euros without an extreme dislocation in oil prices and global trade.
Bluff called. Nordstream 2? Holding Aces.
Trump? Holding two-seven offsuit....
The whole post follows in this vein. Good read.

Gold, Goats & Guns
Trump Folds on Nordstream 2 Because … Logic

Anatole Kaletsky — Why the US Would Lose A Trade War with China

In handicapping the US-China conflict, Keynesian demand management is a better guide than comparative advantage. In principle, China can avoid any damage at all from US tariffs simply by responding with a full-scale Keynesian stimulus....
Trump’s surprisingly successful rhetorical technique of “shout loudly and carry a white flag” helps to explain the consistent inconsistency of his foreign policy. The US-China trade war is likely to provide the next example.
Project Syndicate
Why the US Would Lose A Trade War with China
Anatole Kaletsky | Chief Economist and Co-Chairman of Gavekal Dragonomics and a former columnist at the Times of London, the International New York Timesand the Financial Times

See also
The sanctions for $50 billion, which have already been imposed, the new package for $200 billion on September 24, and even the prospect of imposing prohibitive duties on all Chinese exports are clearly not the full scenario of the anti-China strategy.
It is a multilateral, hybrid war, where trade and economic measures are only part of the arsenal. There are already attempts to influence China’s domestic policy, to weaken the position of the Communist Party.
However, our American partner must be confident that no country should expect China to trade its key interests, no one can have the slightest hope that we will taste bitter fruits of infringement of sovereignty, security and interests of the state.
As for the China-Russia relations, America’s announcement that Moscow and Beijing are its strategic rivals only brings us closer. As the Russians say, behind bad luck comes good luck.
China will invest to the Russian agriculture at the expense of the US treasuries in order to import more quality Russian products; to the joint design and production of wide-body planes instead of Boeing; to the development of the Russian Far East and the adjacent Northeast of China. And recently poor but now well-to-do Chinese tourists will willingly visit the beautiful Russia, which is close to our hearts.
Well, China and Russia will become even closer to each other, they will stay back to back to repel common challenges, and hand in hand for the development of their economies….
Valdai Club (Russia)
Trade War Is Only Part of the US Deterrence Strategy
Sheng Shiliang | Senior Research Fellow, Global Challenges Studies, Xinhua News Agency; Researcher and Director of Russian Internal Affairs Office, Euro-Asia Social Development Research Institute; and Executive Member of Center of Shanghai Cooperation Organization Studies

See also
In an exclusive interview, the former White House chief strategist says Beijing was caught off guard by the magnitude of the plan he hatched with Trump...
 South China Morning Post
‘Trump won’t back down’: US president plans to make trade war unbearable for China and bigger than ever, Steve Bannon says
Sasha Gong

See also

Trump Thinks He Has the Advantage in His Trade War with China — But It Could Backfire in a Big Way
By Marshall Auerback | Independent Media Institute

See also

Sputnik International
China, Russia Capable of Outlasting US’ Economic Attacks

Zero Hedge — Ex-PBOC Head Warns China's Exporters Could Soon Ditch The US

Former Chinese central bank governor Zhou Xiaochuan suggested on Wednesday that the direct impact on China of the trade war with the US "appears limited," though it could quickly prompt China’s top exporters to pivot away from US markets. Xiaochuan, who left the bank in March after 15 years at the helm, told Reuters that China's economy would be stable in 2018, with an expected growth rate of 6.5%….
Reuters said Xiaochuan downplayed the idea that protectionism will severely affect economic growth in China, which he said had been estimated at 0.2-0.8% of GDP…. 
As a result of the peak in "hyper-globalization", China is being forced to change its growth strategy after many decades. The economic driver of supplying Western markets with cheap goods and constructing ghost cities in China are over. “Whether this is reaching the peak or has peaked and maybe going down, we need to find some new economic growth driver," said Xiaochuan....

Peter Taaff — Parasitic capitalism exposed [Book Review]

Mariana Mazzucato’s new book is a detailed exposé of the parasitic character of modern capitalism, drawing on Karl Marx’s theory of the source of value creation. But understanding the law of value is only a first step to providing an alternative to a system that cannot overcome its inevitable tendency for periodic crises and which needs to be overthrown, argues Peter Taaffe.

Socialism Today
Parasitic capitalism exposed
Peter Taaff | general secretary of the Socialist Party of England and Wales and member of the International Executive Committee of the Committee for a Workers' International

Matt Taibbi - An interview with Noam Chomsky

Thirty Years After Manufacturing Consent, How Mass Media Still Keeps Thought Inbounds

Noam Chomsky makes the point that free market libertarianism is private fascism. Libertarianism is the bosses party, as I call it, the party for the minority to rule without constraint over the majority. Some freedom and liberty, that is. 
Excerpts - 
Chomsky: Well, the first book we wrote had a very interesting history. It was called Counter-Revolutionary Violence. There was a small, but quite successful, publisher that was publishing this. It was largely doing materials for universities, small monographs and things. One of them was this one we wrote, called Counter-Revolutionary Violence. They published 20,000 copies, and started advertising. But it turned out the company was owned by Warner Brothers. And one of the executives in Warner Brothers saw the ads, and didn’t like it.
Taibbi: What didn’t he like about it?
Chomsky: When he saw the book he practically went through the ceiling. So he asked them to withdraw the book. And they didn’t want to do it. They said they would agree to publish a counter-volume if he wanted. No, he didn’t want that. Wanted it withdrawn. What he finally did was put the publisher out of business, and destroyed all of their stock.
Taibbi: Goodness.
Chomsky: Including our book, and everything else.
Taibbi: Just to get rid of your book?
Chomsky: Yeah. And I brought it to the attention of some of the main civil libertarians, people like [Village Voice columnist] Nat Hentoff, and so on. But they didn’t see any problems with American civil liberties. I can understand their point. It’s not state censorship.
Chomsky: You’re not supposed to notice that we have private governments that are much more powerful than the state. Anyway, that’s not part of the ideology.
Taibbi: That brings me to another question. One of the main themes of Manufacturing Consent was that it was hard for people to recognize propaganda as propaganda, because it was private and there was absence of direct state censorship.
Chomsky: It’s very much like the destruction of the press. It wasn’t state censorship, so it’s okay.
Incidentally, there’s an interesting book that just came out finally, says some of the obvious things about this, by a woman named Elizabeth Anderson. She’s a philosopher and an economist. It’s called Private Government or some name like that, but her point is that, which is a major point, yes, there is a government, but governments can be repressive. But most of our lives are under private government, which she says are indistinguishable from communist dictatorships.
Any business, for example. If you subject yourself to it, you become essentially a slave of the institution with no rights, give away your liberty, and so on.
The interesting part of her book, which is somewhat new, is she goes through the seventeenth and eighteenth century advocacy of free markets by Adam Smith, Tom Paine, you know, up to Abraham Lincoln, and points out that that was a left wing position.
Because they were advocating free markets, because they wanted to undermine state monopolies and mercantilism, and to allow people to become free, independent artisans not subject to any authority. And they regarded wage labor as equivalent to slavery. The only difference is that it’s temporary. You can get out of it.
And when the Industrial Revolution came along, everything changed. You could only survive by being subordinate to a major corporate structure, and wage labor became the norm.
Taibbi: During the 2016 election, I remember very vividly the experience of covering Trump and being behind the rope line with all the reporters and Trump pointing us out and making us villains. He’d basically say: “There are the elites, they’re stenographers for the bad guys.” And that was very effective I thought.
Chomsky: Yes, and it’s straight out of the fascist history. Go after the elites, even while you’re being supported by the major elites.
Taibbi: Right.
Chomsky: You ever read Thomas Ferguson? He’s a political economist, a very good one. His whole life he’s been working on things like the impact of things like campaign funding on electability. And he did a very careful study of 2016 election. What turned out was that, in the end, in the last couple of months when it became it was looking very clearly as if Clinton was going to win, the corporate sector really got pretty upset. And they start pouring money into funding not only for Trump, but heavily into the Senate and the House, because they wanted to make sure the Republicans controlled the House and the Senate.
And if you compare the increase in campaign funding with the shift in attitudes, it’s almost perfect. It pushed not only Trump, but also the whole Congress into Republican wins. Just as a reflection of campaign funding.
So the real elites knew where their bread was buttered.

CHRISTOPHER RUGABER - Buoyant stocks lift US household wealth, mainly for affluent

Tweet by Jonathon Tapper

1) most major industries are now monopolies/oligopolies 2) top 10% own almost all stock in monopolies/oligopolies Most transactions in the economy send money from the have nots to the haves.

AP News

The Fed's report came on a day when a wave of buying on Wall Street sent U.S. stocks surging and lifted both the Dow Jones Industrial Average and the Standard & Poor's 500 stock index to all-time highs. The Dow has gained nearly 8 percent this year, the S&P nearly 10 percent.

Household net worth reflects the value of assets like homes, bank accounts and stocks minus debts like mortgages and credit cards. The data aren't adjusted for inflation or population growth.

They also don't reflect the experiences of most U.S. households. Stock market wealth has been flowing disproportionately — and increasingly — to the most affluent households. The richest one-tenth of Americans own about 84 percent of the value of stocks. That's up from 81 percent just before the Great Recession began in late 2007.

That trend is concerning to some economists, who regard such sizable disparities in wealth as unhealthy for an economy. When lower- and middle-income people don't share much in overall prosperity, many are forced to absorb more debt and take other financial risks.

"I would be happy in a world where we saw big stock increases — if stocks were more broadly distributed across the population," said Josh Bivens, director of research at the liberal Economic Policy Institute. "The fact that is where most of the gains are going is worrisome."

Thursday, September 20, 2018

Mariana Mazzucato — Yes, Government Creates Wealth

Economics has never accepted the idea that the public sector creates wealth. But it does—and acknowledging that can lead to sweeping change....
Democracy — A Journal of Ideas
Yes, Government Creates Wealth
Mariana Mazzucato | RM Phillips chair in the Economics of Innovation at SPRU in the University of Sussex

See also
Ten years after the global economic crisis, profits have recovered, but investment remains weak. Ultimately, the reason is that economic policy continues to be informed by neoliberal ideology and its academic cousin, “public choice” theory, rather than by historical experience.
Project Syndicate
Who Really Creates Value in an Economy?
Mariana Mazzucato | RM Phillips chair in the Economics of Innovation at SPRU in the University of Sussex

Peter Koenig - Iran Hawks in Washington

The US complains about foreign meddling in their elections while they continually meddle in other countries economies and politics all the time.  Peter Koenig says all these countries have a 5th column funded by the U.S. which is in their politics, finance, and the media. He says how the West is a sinking ship overrun with corruption and greed. 

Second, and this is the real challenge – countries like Iran, Venezuela, Russia, China – and all those nations that resist the west’s attempts to conquer, command and subdue them – have a strong so-called “Fifth Column”, open and covert infiltrated western or local and western-trained and funded ‘assets’. These people are usually embedded in the financial sector, especially the central banks and in trade related activities. They are the ‘recipients’ of the messages from the Hawks from Washington – they propagate them in Iran, bring people to the streets often by paying them – to make believe that there is a strong opposition to the government.

They control the local media, publish false economic information – unemployment, inflation – and seek tightening investment links with the west. The Fifth Columnists, or Atlantists, are helping manipulating currency exchange rates, devaluations of their country’s – Iran’s – money; they are exaggerating the impact of sanctions at home to create fear and hostility against the government – in brief, they are weaponizing public opinion against their own government. They are collaborators with Iran’s enemies.

The Fifth Columnists are a dangerous, criminal and non-transparent alliance of opponents working for foreign interests, in Iran, as well as in Russia, Venezuela, China – and where ever the Washington hegemon and its dark deep masters want to bring about regime change. Neutralizing them is a huge challenge, as their activities are deeply rooted in their countries financial system, private banking and international trade.

The best way of annihilating their nefarious impact is by applying the rules of Resistance Economy – breaking loose from the western dollar system, de-globalizing the economy, finding back to political and economic sovereignty – local production for local markets with local money and local public banking for the development of the local economy; and by trading with friendly, culturally and ideologically aligned countries. If the link to the globalized west is broken, their power is gone. Iran is on the right path – the future is in the East. The greed-driven aggressive west is committing economic and moral suicide – the west has become a sinking ship.

Information Clearing House

Peter Koenig - Iran Hawks in Washington

Sputnik — US Sanctions Chinese Entity Over Purchase of Russian Fighters, S-400s - Treasury

The US Treasury has slapped the Chinese Military Commission's Equipment Development Department with sanctions, accusing the agency of violating US sanctions against Moscow by buying ten Russian Sukhoi Su-35 4++ generation fighter jets and Russia's S-400 surface-to-air missile system.…
Desperation play.

Back to the Cold War with the US erecting an iron curtain economically.

Sputnik International
US Sanctions Chinese Entity Over Purchase of Russian Fighters, S-400s - Treasury

See also

Zero Hedge
US Places 33 Alleged Russian Spies And Military Officials On Sanctions Blacklist

Christopher Kent — Money – Born of Credit?

As I mentioned earlier, the vast bulk of broad money consists of bank deposits. These banking liabilities are created when an Australian household or business has funds credited to their deposit account at an Australian bank. One way this can occur, for example, is when a business deposits currency it has earned with its bank. Again, such transactions add to deposits but do not create money because the bank customer is simply exchanging one type of money (currency) for another (a deposit).
Money can be created, however, when financial intermediaries make loans. Accordingly, the concepts of money and credit are closely linked in a modern economy, albeit not one for one. When a bank extends a loan, it makes money available to the borrower, for example, to buy a car, a house or equipment for a business. The bank may credit the deposit account of the borrower, who withdraws the funds to make their purchase. Alternatively, the bank may directly credit the deposit account of the seller on behalf of the borrower. In either case, the loaned funds will tend to find their way into a deposit somewhere in the banking system. This process adds to the supply of money.
If I stopped here, you might be left with the impression that the process of lending allows the banking system to create endless quantities of money at no cost. However, the process of money creation is constrained in numerous ways and depends on the behaviour of borrowers, banks and regulators, as well as the stance of monetary policy....
His accounting gets somewhat funky.
A single bank may make loans by drawing on its liquid assets, yet not receive the corresponding deposits created in return. Before extending further loans, that bank would need to raise funds in other ways – for example, by issuing debt or equity securities or by waiting for its deposits and liquid assets to rise via other means.
Customer deposits are bank liabilities, not assets.

Reserve Bank of Australia
Christopher Kent | Assistant Governor (Financial Markets)
Remarks at the Reserve Bank's Topical Talks Event for Educators
Sydney – 19 September 2018

Sputnik — Bank of Russia Won't Buy Foreign Currency Until Year’s End – Deputy Governo

The Bank of Russia not going to resume purchasing foreign currency on behalf of the Russian Finance Ministry even if the there is a decrease in volatility in the foreign exchange market, First Deputy Governor Ksenia Yudaeva said on Thursday....
De-dollarization continues.

Sputnik International
Bank of Russia Won't Buy Foreign Currency Until Year’s End – Deputy Governor

Bill Mitchell — Understanding what the T in MMT involves

I’ve been meaning to write about this topic for some time, but a Tweet the other day reminded me that there was still major misunderstandings of what Modern Monetary Theory (MMT) represents and that it was time to clarify some of those errors in comprehension. Specifically, there is a current out there that considers MMT to be incorrectly labelled because according to the argument there is no theory involved. It’s hard to imagine why anyone would think that but the fact that they do tells me that I should write this blog post. As I noted yesterday, our Macroeconomics textbook to be published by Macmillan Palgrave in February 2019 is full of theory. It has a lot of description, taxonomy, accounting, history, and philosophy, but also a lot of theory that ties some of those other components together in a meaningful way. The T in MMT is not a misnomer. The Tweet I saw the other day also said there was nothing new in MMT so what’s with the modern bit! I have already dealt with that issue in the past....
"First they ignore you. Then they laugh at you. The they fight you. Then you win." Misattributed to M. K. Gandhi.

Bill Mitchell – billy blog
Understanding what the T in MMT involves
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia

The Off-Guardian - What about the Auvergne? Is Russia engaging in strategic disinfo to avoid being drawn into trap?

PCR and many people are criticising Putin for not standing to the Empire, but maybe he's more clever and astute than they realize.

What about the Auvergne? Is Russia engaging in strategic disinfo to avoid being drawn into trap?

According to an a analysis offered by Joaquin Flores on Fort Russ the recent bizarre events unfolding over Syria may have been an attempt, not simply by Israel, but also by France to draw Russia into a renewed political/diplomatic confrontation with NATO.
Flores says:
What the Russians claim is that Israeli craft using the Il-20 for cover ‘confused’ the SAA system and that the SAA system hit the Russian Il-20. We will explain that while this is possible, it is unlikely, and in fact the least likely of any realistic scenarios given the tremendous preparation and planning that goes into these events.
The original Russian announcement about the alleged firing of missiles by the French frigate Auvergne, was always curious. The fact the two events – the alleged missile firing and the disappearance of the Il-20 – were linked by timing in the Russian announcement is not the kind of wording to be used casually when dealing with a NATO member country. The Russians would need good reason for saying something this potentially inflammatory at such a time. It being a kind of code for “we know France just shot down our plane” is not implausible. Flores again:
It’s highly intelligent on the part of Russia, for many reasons, that they blame Israel for this, if the option is France. Russia refuses to countenance steps leading to any war when other means are clear & available….outright war is no answer whatever emerges ultimately. This was the thought process of Russian authorities, and the basis as well, of their disinfo campaign.
Flores argues that Russia blaming Israel was the last thing the neocons/neolibs expected. They anticipated instead that France would be accused, would be able to vociferously deny, and use indignation over the “false allegations” to create an excuse for further anti-Russian propaganda/theatre in the UN and create further distance and hostility between Russia and a significant NATO member country. He argues Russia had to think quickly in response and find a way of avoiding having to blame France. This indirect blaming of Israel was what they came up with, sidestepping the trap of going head to head with France and not making a direct claim of Israel involvement that could be refuted with physical evidence.
Between blaming France or Israel, the US expected Russia to blame France. Between blaming Syria or France, the US expected Russia to blame France. Between blaming Syria or Israel, the US expected Israel to be blamed.
They did not expect this hybrid of ‘somewhat’ blaming Israel for doing ‘tricky stuff’ in the air, the motives being hard to prove or qualify.
If Russia was to avoid an MH-17 situation in reverse, they had to think with agility. Russia has the physical evidence, the flight data, and the missile launch data. If they were going to blame France, which was mostly expected, it would have been a UNSC charade, a General Assembly charade, and a media charade with ‘Putin blaming France’ and Russia being accused of having possession of the evidence from which their case is made, and therefore the evidence being dodgy or even manufactured entirely.
The crash remains of the IL-20 are going to absolutely show that it was hit with a missile, any fragments etc. required to establish that, will show that’s an Aster missile, or similar, like the missiles used in the S-200’s. But they aren’t going to show that the impact is consistent with a small missile carried by Israeli planes, or by gun strafing from an attack plane.
This is why Russia could not [directly] blame Israel, yet they knew that Israel was involved in attacking Lattakia, and it appears that Russia is also calculating the blaming of Israel in order to do yet something else unexpected.
We recommend taking the time to read Flores very detailed article in full. While it may turn out not be the truth, or the whole truth, of the matter, it’s well argued and currently plausible.
And, of course, if France did shoot down the Russian plane, or even take part in action likely to cause loss of Russian life, then it’s clear the most insane elements in the pro-war neocon/neolib alliance currently have the initiative, and, as Flores, says, Putin’s caution in responding is well explained.
It’s early days, and no one should leap to conclusions,and – certainly – anyone who thinks Russia should have responded by shooting other planes out of the sky needs to pause and reflect.
The next few weeks will be interesting.

Joaquin Flores’ article can be read in full here.

TEDx: Anneke Lucas - From Child Sex Slave to Victory - My Healing Journey

This is a subject I have avoided here up to now -  the VIP pedophilia sex rings -as it is too full of conspiracy theories, but Anne Lucas is convincing. She says psychopaths rule the world.  Is this what Putin is up against, people that are crazy and completely evil?

I don't know if what Anneke Lucas says is true, but rather than just saying it's a conspiracy theory, as often these things often turn out to be, society needs to discuss this so as to ascertain whether there is any truth in it. I've watched a number of these videos on this subject now I have come to the conclusion that there is definitely something is going on.

In the second video Anneke Lucas goes into the details that she won't discuss in the  TEDx lecture.

TEDx Anneke Lucas 

Anneke Lucas is an author, speaker, advocate for child sex trafficking victims, and the founder of the non-profit organization Liberation Prison Yoga. h

Her work is based on personal experience of overcoming obstacles on a 30-year journey to mental and physical health after surviving some of the worst atrocities known to humankind before the age of 12. Sold as a young child into a murderous pedophile network by her family, she was dramatically rescued after nearly six years of abuse and torture.

Her healing through psycho-therapy, writing, yoga and meditation are an inspiring testament to the resiliency and boundless creative power of the human spirit, synthesized in her work and message for personal and global healing.

PCR - Strategies Have Unintended Consequences

Strategies Have Unintended Consequences
Since posting my remarks — — other comments on President Putin’s response to the loss of Russian lives have appeared. I am providing links to two of them as examples of the negative consequences for Putin:
Understand that I am not denigrating President Putin. I understand his strategy and consider his strategy to be moral and responsible. My concern is with the unintended consequences of his strategy.
Unintended consequences are a bane of mankind and must be considered and, hopefully, anticipated.

PCR - Can Russia Survive Her “Partnerships”? Has Putin Made A Strategic Miscalculation?

PCR says unless Putin stands up to Isreal, the US, and its puppets the U.S. will up the ante in the Ukraine too, and so in the end Putin will have to fight, which could destroy the world.

I am concerned that Putin, by giving in to Turkey, by covering up for Israel, by calling off the liberation of Idlib province, and by his previous non-responses has set himself up for his next test, which could be in Ukraine. By his refusal to accept the breakaway Russian republics of Donetsk and Luhansk back into Russia where they belong, Putin has allowed this sore to fester. Washington has used the opportunity to arm its Ukrainian puppet and is betting that Putin will refuse to defend the breakaway Russians just as he refused to defend the Russan military from Israel in Syria.

Wednesday, September 19, 2018

Zero Hedge — Trump Weighs In On The Single Worst Mistake In American History

In a wide ranging interview with The Hill on Tuesday conducted in the Oval Office, President Trump was asked to give his take on the biggest mistake in American history.

Considering just how open-ended a question that is, it's perhaps surprising that he merely went back less than a couple decades into the Bush presidency, though Trump's base will certainly welcome it as it hearkens back to his "America First" foreign policy vision of the campaign trail.

“The worst single mistake ever made in the history of our country: going into the Middle East, by President Bush,” the president during his interview with Hill.TV.
“Obama may have gotten them (U.S. soldiers) out wrong, but going in is to me the biggest single mistake made in the history of our country,” he said.
Trump explained the reasoning behind this choice, and why it wasn't something like the civil war or another defining and devastating event reaching far into American History.

“Because we spent $7 trillion in the Middle East. Now if you wanna fix a window some place they say, 'oh gee, let’s not do it. Seven trillion, and millions of lives — you know, ‘cause I like to count both sides. Millions of lives,” the president explained....
Well, he got that much right anyway.

Zero Hedge
Trump Weighs In On The Single Worst Mistake In American History
Tyler Durden

Doug Bandow — Washington’s Endless Sanctions Are Finally Backfiring

Uncle Sam’s failure is unsurprising. As Lord Acton famously intoned: “Power tends to corrupt and absolute power corrupts absolutely.” It doesn’t matter whether the intentions of Washington policymakers are good. The consequences of American policies have been bad, often disastrous.
"The road to hell is paved with good intentions."

The American Conservative
Washington’s Endless Sanctions Are Finally Backfiring
Doug Bandow | senior fellow at the Cato Institute and former special assistant to President Ronald Reagan

Brian Romanchuk — Book Excerpt: Financial Assets Matter, Not Money

If we abolish money from economic theory, what replaces it? The answer is: financial assets. Although this might be viewed as a superficial change, there are important implications. In particular, the central bank can manipulate the amount outstanding of some types of financial assets, but it cannot control all of them. We end up with a more realistic view of central bank power. They no longer control “money” and hence all commerce, rather they are reduced to worrying about setting interest rates.…
This is short, simple to understand and very important for getting MMT, which deals with "financial assets" rather than "money." Financial assets appear on accounting statements, not "money." Understanding this removes a lot of confusion.

Bond Economics
Book Excerpt: Financial Assets Matter, Not Money
Brian Romanchuk

Scott Sumner — The Tea Party won

The recovery has since picked up speed, so the deficit should be falling especially fast right now. Unfortunately, the FRED data site does not have updated figures, but the deficit is no longer falling. Indeed it’s exploding, expected to reach $1.1 trillion in 2019. Nothing like this has ever happened in America during a period of peace and prosperity. There is such a firehose of spending that Washington is hardly able to shovel dollars out the door as fast as they are being appropriated…
This is what happens when you give the GOP full control over the government.
Hardly anyone is reporting this story, even though it’s one of the most bizarre things to have happened in America during my lifetime. Perhaps this is because none of our “tribes” has an incentive to acknowledge these facts. The GOP wants to tell voters that it’s a responsible, small government, conservative party, pushing back against the deficit spending of the Obama years. The Dems want to tell voters that the GOP is a mean-spirited, small government, conservative party. Both are lying. The press plays along with this framing, because it lets the two tribes set the terms of the debate. The GOP is actually a big governmentparty. Neither the NYT nor Fox News will tell you that.…
The Money Illusion
The Tea Party wonScott Sumner | Professor of Economics at Bentley University

Links — 20 September 2018

Reminiscence of the Future 
Andrei Martyanov

Dances with Bears
Putin’s Forfeit – From Strategic Mistake to Strategic Defeat in 24 Hours
John Helmer

France partly to blame for Russian plane’s crash, says military expert

Fort Russ
The Overarching Strategic Logic Behind Provocations Against Russia: 2014-2018
Padraig McGrath

Fort Russ News
Joaquin Flores

Strategic Culture Foundation
Two Major Middle East Projects Are Afoot and Gaining Mass; They May Collide Before Long
Alastair Crooke | founder and director of the Conflicts Forum, and former British diplomat and senior figure in British intelligence and in European Union diplomacy

Zero Hedge
Alibaba's Jack Ma Cancels Promise For 1 Million US Jobs Amid US-China Trade Dispute

Zero Hedge
Hillary Clinton On Putin's "Three Dimensional Chess": "They Wanted To Get Me Out Of The Way"
Tyler Durden

Ben Norton and Arjit Singh - No, the UN did NOT report China has “Massive Internment Camps” for Uighur Muslims

With Russia under wraps, I guess it's time to set up the next target, China - those bad 'commies'. Yep, the Neocons and National Endowment for Democracy (NED are involved - they're all over it. Another state they hope to implode from within with all the mess and hell that creates. The U.S is always at war. 

Media outlets from Reuters to The Intercept falsely claimed the UN had condemned China for holding a million Uighurs in camps. The claim is based on unsourced allegations by two independent commission members, US-funded outfits and a shadowy opposition group.

Numerous major media outlets, from Reuters to The Intercept, have claimed that the United Nations has reports that the Chinese government is holding as many as 1 million Uighur Muslims in “internment camps.” But a close examination of these news stories, and of the evidence behind them — or the lack thereof — demonstrates that the extraordinary claim is simply not true.
A spokesperson from the UN Office of the High Commissioner for Human Rights (OHCHR) confirmed in a statement to the Grayzone that the allegation of Chinese “camps” was not made by the United Nations, but rather by a member of an independent committee that does not speak for the UN as a whole. That member happened to be the only American on the committee, and one with no background of scholarship or research on China.
Moreover, this accusation is based on the thinly sourced reports of a Chinese opposition group that receives funding from foreign governments and is closely tied to exiled pro-US activists. There have been numerous reports of discrimination against Uighur Muslims in China. However, information about camps containing one million prisoners has originated almost exclusively from media outlets and organizations funded and weaponized by the American government to turn up the heat on Beijing.

Off- Guardian

Bill Mitchell — Economics curriculum is needed to work against selfishness and for altruism

It is Wednesday and so just some snippets. I have written about the behavioural impacts that studying mainstream economics, particularly the microeconomics component can have on students as they progress through their studies. I have observed sort of nice young people entering first-year and by later years, become arrogant, self-opinionated and delusional jerks. This phenomenon is particularly prominent if they go onto to do postgraduate level studies. It is well documented. The way mainstream economics is taught builds on anti-social attitudes that might already be present in students who choose to undertake this sort of training. The curriculum matters a lot. In that context, our next macroeconomics textbook (see below) will, in my view, actively work against any predisposition towards selfishness and against altruism, while still providing students with a first-class, technical education in how the monetary system operates....
The final publication of our new Macroeconomics textbook (Mitchell, Wray and Watts) by Macmillan Palgrave will be February 2019.
We are presently working with Macmillan’s editors on the final version to clear up outstanding issues. It has been a mammoth task, much harder than writing a stand-alone monograph. But we are in the final stages now and the outcome will be a two-year (University-level) sequence in Macroeconomics that is built from foundations up by the developments we have made in Modern Monetary Theory.
It doesn’t just mention MMT. The pedagogy is core MMT – the first time a 2-year sequence of this type will become available....
Woo hoo!

Bill Mitchell – billy blog
Economics curriculum is needed to work against selfishness and for altruismBill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia

Tuesday, September 18, 2018

Michael Krieger — Thoughts on the Leaked Google Video and Why Populism Is Just Getting Started

The Iraq war? An honest mistake. The bailouts of criminal bankers in 2008? Unfair, but necessary. This is how they see things and it makes people apoplectic. In the face of a booming stock market and a grotesquely lopsided economic “recovery” during which the most wealthy members of society gained share from the bailouts, people remain angry and they have every right to be. The U.S. is not a free market economy, but a kakistocracy in which the “elites” have placed themselves above the law and above failure. We bail criminals out so they can shove it all back in our faces ten years later.…
The leaked Google video confirmed what many of us already knew, which is that these “don’t be evil” tech executives are a bunch of superficial phonies, cut from the same cloth as rapacious bankers or crooked politicians. The extremely powerful aren’t going to reform or fundamentally change the system that’s been so beneficial to them. It’s up to us to do that. This is why we’re in a populist period, and why populism won’t be going away anytime soon.
The only question is in what form will the next iteration of populism manifest....
Significantly, there are multiple other ways populism can manifest outside of traditional politics, with the most promising being in the realm of open source, decentralized technologies that don’t ask permission and can change the world via their very existence. Bitcoin’s the preeminent example of this sort of thing in the post-financial crisis period, but I expect more to follow.…
As Buckminster Fuller put it:
You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.
More than anything else, this is what we need to do.
Amen to that. But American populists, left and right, are deeply divided on what that model should look like.

I omitted Krieger's remarks on Google, but they are important and I fully agree with what he says.

Liberty Blitzkrieg
Thoughts on the Leaked Google Video and Why Populism Is Just Getting StartedMichael Krieger