FOR LIBERTARIAN NATIONALISM: ANTI-CORPORATIST, ANTI-COMMUNIST, ANTI-GLOBALIST...PRO-SOVEREIGNTY, PRO-POPULIST, PRO-FREE ENTERPRISE

Thursday, May 31, 2012

Jill Abramson, intrepid reporter, crusading editor-in-chief of The New York Times, desperately cringes and shrinks from questions on Bilderberg group





Chris Moore comments:

This proves what a "journalistic" joke the N.Y. Times is, and has been for decades.

It's just an agitprop rag owned and staffed by Zionists commissars spitting out self-serving propaganda for neoliberalism, the state capitalist racket and the Israel-first "liberal interventionist" war machine. It postures as "thoughtful" and "intellectual" and "objective journalism," even as it simply recites the same lying Zionist narrative over and over again for the nodding New York Jews and for their moneyed cosmopolitan liberal sycophants across the country, who justify their complicity and apathy towards Middle East mass murder and theft by telling themselves its "for the Jews" and to "save the Jews."

What an ingenious strategy: promote the Israeli ultimate racists and fascists as the "ultimate victims," and then wage perpetual wars that are nothing but camouflage for a massive wealth transfer from the People to the "ultimate victims" in the Levant and Diaspora and their soul-selling accomplices, and use Zionist agitprop rags like the New York Times to grease the skids on the whole rotten operation.

And there's poor, mousy little Jill Abramson, intrepid reporter, crusading editor-in-chief of The...Nu...Yok...Times, shrinking in the corner of the elevator and shielding herself behind other passengers at the mere casting of a couple of simple questions out of Journalism 101, not even asking about the Zionist racket, but about the Bilderberg group, which is on an even lower rung than the Jewish bankers.

What a sick, sadistic farce and a joke this country has become under Zionist dominion.

MSNBC "journalist" Lawrence O'Donnell says there's no such thing as oligarchic or plutocratic conspiracies, and doesn't want to know if there is


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Chris Moore comments:

O'Donnel is typical of the elite liberal/state capitalist media. He's part of the neocon/Zionist/liberal fascist system, so he doesn't want to know about he neocon/Zionist/liberal fascist conspiracy.

Why would he? He doesn't want to face the fact that he's sold his soul, and that he has no future beyond the empty, lying, soulless existence he has embraced out of intellectual sloth, greed and careerism.

Americans pay the wages of warmongering sin and stupidity: Obama uses War on Terror as pretext to seize Stalinist kill powers

Glenn Greenwald: Obama’s Secret Kill List "The Most Radical Power a Government Can Seize"
democracynow.org

The New York Times revealed this week that President Obama personally oversees a "secret kill list" containing the names and photos of individuals targeted for assassination in the U.S. drone war. According to the Times, Obama signs off on every targeted killing in Yemen and Somalia and the more complex or risky strikes in Pakistan. Individuals on the list include U.S. citizens, as well teenage girls as young as 17 years old. "The President of the United States believes he has the power to order people killed — in total secrecy, without any due process, without transparency or oversight of any kind," says Glenn Greenwald, a constitutional law attorney and political and legal blogger for Salon.com. "I really do believe it’s literally the most radical power that a government and president can seize, and yet the Obama administration has seized [it] and exercised it aggressively with little controversy." [Includes rush transcript]...MORE...LINK

"It’s not so much that power corrupts as that the corrupt seek power"

Is the Root of Evil the Psychopathic Mind?
activistpost.com

As such a useful tool of exchange, money is not inherently evil. Money can be a springboard to such evil as bailout-begging banks too monstrous to fail gambling with taxpayer wealth—you know, private profits, public risk. Casino financialization with taxpayers as a backstop. The $700 billion TARP bailout actually being a $23.7 trillion bailout. But the root of all evil is the human brain.

New research has exposed, shall we say, the root of the problem. Pathocracy is its flower.

Definition: pathocracy (n). A system of government created by a small pathological minority that takes control over a society of normal people (from Political Ponerology: A Science on the Nature of Evil Adjusted for Political Purposes, by Andrew Lobaczewski).

A small minority of people are born psychopaths; they inherit a genetic deviance linked to certain structural abnormalities of their social brain.

The physical dynamic that exposes psychopaths is a reduction of gray matter in the anterior rostral prefrontal cortex and temporal poles. Magnetic resonance imaging (MRI) is able to image this deviation fundamental to psychopathy. Potential benefits to humanity are immense; imagine something like a TSA screening (without the bureaucracy, groping and humiliation) to keep psychopaths from boarding the flight to power.

Psychopaths enjoy a perverse advantage over normal people in ascending pyramids of power. Unfettered by conscience, empathy, morality...some might say, without the weight of a soul, psychopaths readily rise to the top in a society turned upside down by pathocracy. Lying, cheating, stealing, backstabbing—without remorse, psychopaths can claw for power in ways that make a person with a conscience recoil.

It’s not so much that power corrupts as that the corrupt seek power...MORE...LINK

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Chris Moore:

It's an age old question: nature or nurture?

I believe a lot of Jewish Zionists have been turned into sociopaths by their Judeo-supremacist ideology/system. It's designed to squeeze all compassion for non-Jews out of Jews by relentlessly preaching that non-Jews are lesser, or are animals, in order to destroy their humanity.

For example, this leading Lithuanian rabbi recently said that all non-Jews are "murderers, thieves, brainless people, evil doers."

So once the Zionists have turned their prey into sociopaths, are those sociopaths likely to pass down their sociopathy through the genes, or are their children born normally and systematically turned into sociopaths by their parents?

I'd tend to say that Zionism takes normal people and turns them into sociopaths, because so many of even non-Jews who embrace Zionism turn into monsters, as witnessed by most of the Beltway politicians who seemed so normal when we elected them, but who have been systematically turned into sociopaths and moral monsters by the Beltway political culture of Zionism/neoconservatism/statist totalitarianism and its attendant War on Terror.

Israel-firster John McCain heckled for his role in ongoing government cover-up of Israel's attack on USS Liberty



Chris Moore comments:

From LBJ through John McCain, racist, anti-American, anti-democratic and anti-Western Zionist treason has had its hooks into the highest levels of the U.S. government for decades now, and is only getting worse.

Let the Israel-firsters, who put the interests of the institutionally racist Jewish state and its people ahead of the interests of the U.S. soldiers protecting America, know that they and their neo-totalitarian Zionist/neolib/neocon ideology aren't wanted or needed in America, land of the free.

It's a simple principle that a child should be able to understand: Israel-firsters belong in Israel.

Wednesday, May 30, 2012

The new temple priests of the international finance oligarchy share the same greedy, hypocritical mentality as the Pharisees of old

Anger over Christine Lagarde's tax-free salary
independent.co.uk

It was called her "Let them eat cake" moment. Now Greece will be saying: "Make her pay tax".

The IMF chief Christine Lagarde was accused of hypocrisy yesterday after it emerged that she pays no income tax – just days after blaming the Greeks for causing their financial peril by dodging their own bills.

The managing director of the International Monetary Fund is paid a salary of $467,940 (£298,675), automatically increased every year according to inflation. On top of that she receives an allowance of $83,760 – payable without "justification" – and additional expenses for entertainment, making her total package worth more than the amount received by US President Barack Obama according to reports last night.

Unlike Mr Obama, however, she does not have to pay any tax on this substantial income because of her diplomatic status.

The news will intensify criticism of the former French Finance Minister following her controversial remarks on the increasingly bleak prospects for the Greek economy last week. Stating that she had more sympathy for poor African children with little education than for jobless people complaining about austerity measures in Greece, she said last week: "As far as Athens is concerned, I also think about all those people who are trying to escape tax all the time. All these people in Greece who are trying to escape tax."

Speaking to The Guardian, she added that they could "help themselves collectively" by "all paying their tax," and agreed that it was "payback time" for ordinary Greeks...MORE...LINK

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Chris Moore comments:

Lagarde is part of the international plutocratic oligarchy, with its self-serving, self-righteous double standards and racist, two-faced mentality..."Good for me, but not for thee."

These international "elites" have no loyalty to individual countries or regions; they exist in an insular bubble, spiriting themselves from place to place, handing down "crucial" mandates to the "peons," as if ordained on high, but that somehow never apply to themselves.

It's all modeled on international Communism, which itself was modeled on Zionism...a vanguard "nation of priests" ordering the rest of us to worship them, and instructing us how we should live, even as they exempt themselves from the very same rules that are so "sinful" for the rest of us to break.

The irony is, this "nation of priests" is comprised of the most hypocritical, racist, scurrilous, perverted, mentally warped snakes on earth...as is the international finance oligarchy.

Pharisaic scum, the lot.

America-firsters have all been purged from GOP, says powerful neocon, leaving Israel-firsters to have their way

How William Kristol Purged the Arabists by Patrick J. Buchanan
theamericanconservative.com

After taping John Stossel’s show on March 16 in New York, the Mrs. and I took the 10 a.m. Acela back to Washington. Once we had boarded the train, who should come waddling up the aisle but Bill Kristol.

The Weekly Standard editor seemed cheerful, and we chatted about the surge in Mitt Romney’s popularity and prospects.

I did not ask what he had been doing in New York, but thanks to the website Mondoweiss, I found out. Kristol was there for a March 16 “debate” with Jeremy Ben-Ami of J Street, the pro-Israel organization, at B’nai Jeshurun synagogue on the Upper West Side.

After listening to Kristol, writes Phil Weiss, “I am still reeling.”

“Kristol was treated like royalty and came off as … a Republican Party warlord,” bragging “about how all the hostile elements to Israel inside the Republican Party were purged over the last 30 years — (and) no one (now) dared to question the power of the Israeli lobby.”

“The big story in the Republican Party over the last 30 years, and I’m very happy about this,” said Kristol, is the “eclipsing” of the George H.W. Bush-James Baker-Brent Scowcroft realists, “an Arabist old-fashioned Republican Party … very concerned about relations with Arab states that were not friendly with Israel… .”

That Bush crowd is yesterday, said Kristol. And not only had the “Arabists” like President Bush been shoved aside by the neocons, the “Pat Buchanan/Ron Paul type” of Republican has been purged...MORE...LINK

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Chris Moore comments:

This is what's so insane about Zionism...it manages to seduce its hosts into treason against their own countries and their own kin. It finds their weaknesses and vices, be they racism, religious piousness, lust, greed, ambition, vanity, militancy...and it flatters those weaknesses until it gets its way.

Those who have seen Lord of the Rings might understand it as the satanic effect the ring has on most of those who possess it. They themselves become possessed.

I fear our weak and corrupt Beltway leaders on both the establishment left and the right have neither the moral strength nor the character to resist its evil lure, and would sooner see the country destroyed than admit they are fallen, disgraced, and themselves guilty of treason.

Increasingly, it's us or them.

Led around by wealthy and powerful Zionist bigots, "progressive" liberal establishment has surpassed military itself in warmongering

The antiwar thinktank: West Point
mondoweiss.net

...[Col.] Gentile's outspokenness reminds me: These days inside the US establishment, the military is the leading antiwar voice. Institutional liberalism is not taking a strong role in opposing American militarism. The strongest statements about the Palestinian issue have been from generals.

Don't get me wrong, there is clearly a strong grassroots antiwar left in the country-- the occupy movement, Norman Solomon's congressional campaign in California, Code Pink's brave leaders, just to name a few. But inside American mainstream institutions, the strongest criticism of America's overseas adventures lately has come from a West Point colonel. Not to mention that rightwing libertarian running for president as a Republican, Ron Paul. The Brookings Institution isn't antiwar. The Council on Foreign Relations is full of rightwing militants. And though there are antiwar congresspeople-- Lynne Woolsey, Maxine Waters, Walter Jones, and Dennis Kucinich-- they are outliers. Conservative forces have played an important antiwar role. Antiwar.com is a libertarian site, the American Conservative has lionized the great Bradley Manning.

Why are liberal institutions AWOL? The main reason is the successful divorce of elites from military service with the end of the draft. So liberal establishment figures no longer had to worry about their children serving in stupid wars they supported. The New Yorker played a leading role opposing the Vietnam War, but supported the Iraq war. And yes, I think the Israel lobby also plays a role; traditional doves turned into hawks when it came to the Middle East. And these hawks have had a prominent role in establishment institutions. Joe Lieberman, Howard Berman, and Chuck Schumer all began their careers as anti-Vietnam-war liberals. No longer. Haim Saban funds Brookings, and he's an ardent Zionist. The Center for American Progress is closely aligned with the Democratic Party and it has done a famously lousy job of resisting the push for war with Iran. During Vietnam, Senator Gene McCarthy ran against the war inside the Democratic Party. So did George McGovern. Those prominent Dems can't be found this time round...MORE...LINK

Obama admin assures us that Big Brother Obama personally glances through files of "militants" before acting as judge, jury and executioner

Drone strikes: Obama approves names to be put on kill lists
thenewstribe.com

Washington: US President Barack Obama personally approves the names to be put on the “kill lists” of the targeted killing operations performed by the country’s assassination drones, The New York Times reports.According to the report published by the paper on Tuesday, every week or so, more than 100 members of the country’s national security team gather via secure video teleconference run by the Pentagon and go over the biographies of suspects in Yemen, Somalia, and Pakistan, and “nominate” those who should be targeted in the attacks.

The identities of the nominees are then provided to Obama, who signs off on every strike in Yemen and Somalia and on especially complex and risky strikes in Pakistan.

National Security Advisor Thomas Donilon said, “He (Obama) is determined that he will make these decisions about how far and wide these operations will go.”

“His view is that he’s responsible for the position of the United States in the world… He’s determined to keep the tether pretty short,” he noted...MORE...LINK

Tuesday, May 29, 2012

Big Brother Obama and his media's Orwellian definition of "militant": Anyone killed by Big Brother

“Militants”: media propaganda
salon.com

Virtually every time the U.S. fires a missile from a drone and ends the lives of Muslims, American media outlets dutifully trumpet in headlines that the dead were ”militants” – even though those media outlets literally do not have the slightest idea of who was actually killed. They simply cite always-unnamed “officials” claiming that the dead were “militants.” It’s the most obvious and inexcusable form of rank propaganda: media outlets continuously propagating a vital claim without having the slightest idea if it’s true.

This practice continues even though key Obama officials have been caught lying, a term used advisedly, about how many civilians they’re killing. I’ve written and said many times before that in American media discourse, the definition of “militant” is any human being whose life is extinguished when an American missile or bomb detonates (that term was even used when Anwar Awlaki’s 16-year-old American son, Abdulrahman, was killed by a U.S. drone in Yemen two weeks after a drone killed his father, even though nobody claims the teenager was anything but completely innocent: “Another U.S. Drone Strike Kills Militants in Yemen”).

This morning, the New York Times has a very lengthy and detailed article about President Obama’s counter-Terrorism policies based on interviews with “three dozen of his current and former advisers.” I’m writing separately about the numerous revelations contained in that article, but want specifically to highlight this one vital passage about how the Obama administration determines who is a “militant.” The article explains that Obama’s rhetorical emphasis on avoiding civilian deaths “did not significantly change” the drone program, because Obama himself simply expanded the definition of a “militant” to ensure that it includes virtually everyone killed by his drone strikes...MORE...LINK

U.S. dollar (and U.S. itself) slowly losing its vaunted "middleman" role in Globalist economy pimped by our swindling "leaders"

Introduction by Chris Moore:

It should be obvious by now to anyone who has been paying attention what has happened to the U.S. over the last decades. A thieving, cosmopolitan Zionist elite with no loyalties to anyplace but Israel and any nation but itself jumped into bed with the low character whores who comprised the post WWII U.S. leadership, whispered in their ears about how they could all get rich by plundering the country and the dollar world reserve currency status, and the self-same whores sold their souls and sold out the country to the Zionists for ten cents on the dollar.

The Zionists always pull the same treachery wherever they go, searching for the weakest, dumbest and most character-lacking among the Gentile elites through which their racket can slowly infiltrate the establishment via ear whispering, grandiose promises, ingratiation, and racket nepotism.

It so happened that among the post WWII generation of elites, they had a bounty crop of low character snakes to choose from, so they were able to infiltrate and plunder faster than they ever could imagine.

In fact, the country has been stripped so quickly that they're now scrambling for their next target. They'd originally planned a much more languid, leisurely feast.

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China and Japan cut out the middleman
marketplace.org

David Brancaccio: China and Japan will increasingly trade each other's currencies directly, without using the U.S. dollar to set the exchange rate. The change, starting Friday, is a new step toward a world where the U.S. dollar is not last word in global currencies. It's a bit like buying a house without a realtor or a stock without a broker.

Joining us for more context is the BBC's Roland Buerk in Tokyo. Good morning, Roland.

Roland Buerk: Good morning.

Brancaccio: So how much trading is there between Japan and China via the U.S. dollar?

Buerk: Well, a very large amount. China has overtaken the United States to be Japan's biggest trading partner -- trade has increased exponentially over the last 10 years. So what's happening now is that the two countries have agreed that from June 1, there can be direct trading between the yen and the yuan. The idea is to cut out the middleman.

Brancaccio: The middle man being the U.S. dollar indeed...MORE...
LINK

Friday, May 25, 2012

Why Jewish Zionists don't belong in Western civilization, and how they can be voluntarily compelled to Israel

(By Chris Moore) -- Just as Islamism is totalitarian Islamic-supremacism, Zionism is totalitarian Judeo-supremacism. Hence, the following are some of the basic principles and logic behind my opinion that Zionists belong in the theocratic Abrahamite realm of the Middle East, and not the Greco-Christian realm of Western civilization, with its traditions of reason and logic, constitutional law, equal rights, free speech, and separation of religion and state, along with a history of opposition to centralized, totalitarian power.

But first, some near history background, particularly on the mass murderous Communism that set the stage for the tragedies of Nazism and World War II, that under girds the proposition that Jewish Zionists don't belong in the West:

Jewish Karl Marx, informed by the beliefs his Jewish Zionist guru Moses Hess, essentially "invented" Communism. "Jewish blood"-worshipping Vladimir Lenin and Zionist-in-gestation Leon Trotsky, along with initial Zionist collaborator Stalin, implemented the original Communism with the assistance of thousands upon thousands of supremacist left-wing Jews before many eventually split with Stalin.

Communism, like the hyper state capitalism that has run amok today in the U.S., is an atheist-materialist convention, designed to cultivate humans into slaves and slaves into animals controlled by Judeo-supremacists. Indeed, capitalist Jewish bankers financed the original Communism, and Judeo-"Christians" such as the Koch dynasty, profited handsomely from its monopolistic, totalitarian, slave labor essence.

Zionists love atheist-materialist ideological Trojan horses as mechanisms for their racket because Judeo-supremacists are self-serving misanthropes who seek to enslave non-Jews to Jewish tyranny, per an imperative of age old, elitist, racist and Jewish supremacist religious doctrine, and atheist-materialism for the out-group masses accomplishes two of their goals simultaneously: Judeo-supremacism (slowly but undeniably implemented via their own religious/racket cohesiveness) and the control, subjugation or elimination of non-Zionists through a process of material deprivation of those who don't join or acquiesce to their ideology.

Judeo-supremacists thus first get their hands on the money and credit creation levers of a country or civilization (the central banks) and then use that control to both richly finance and promote their own people and agenda and "starve" critics, competing powers or alternative ideological perspectives. And in atheist-materialist societies, where everyone is madly scrambling for the material means central to existence, the citizenry will always be at the mercy of central bankers or money commissars who control the means of survival and prosperity, which is exactly where the Judeo-supremacists in control of the central banks want them.

Even in the United States today, slowly but surely, racist Zionist Jews and their accomplices are using their control of the money supply to promote themselves as our masters and overlords, the chosen race to whom the usual rules don't apply, and to whom average Americans are increasingly indentured.

We're already fighting wars for Israel in the Middle East, U.S. Jews are already hugely disproportionately over-represented in Congress relative to their 2% of the population and disproportionately wealthy even among the super rich, the Zionist-corrupted, financial sector government "regulators" have already given Zionist racketeering, theft and bubbles engineered on Wall Street a complete "pass," with permission to continue at will.

And don't for a minute believe that many of the Gentile Beltway "elites" are not part and parcel to all of this...they've helped engineer it all because of their own corruption, greed, and low character.

The country is slowly being plundered for the benefit of the Beltway Zionist oligarchy and its plutocratic cronies, and drained of its youth, finances and future in endless wars for Israel and Judeo-supremacism.

Greek and Christian thought, the basis of Western civilization that we must return to, are the antithesis of this Jewish Zionist and Judeo-“Christian” Zionist warmongering and crony capitalism, as well as the antithesis to Communism and Fascism, all of which are Godless, misanthropic mechanism for human enslavement, notwithstanding the fact that some of the Judeo-supremacists masquerade is "religious."

The verdict is in on Zionism, and it can no longer be denied that it is anti-Christian, anti-Western, fanatically patriarchal, authoritarian to outright totalitarian, tenaciously subversive, and insatiably greedy -- all of which leads to criminal racketeering and political dysfunction on an epic scale.

And this is why Zionist Jews, who form the core and vanguard of Zionism (and just like their Islamist fellow Abrahamites, conflate "religion" and politics no end) belong in the Middle East, and not the West.

***

So once it is concluded that the most fanatical of Zionist Jews belong in Israel and the Abrahamite realm, the next question becomes, how do we get them there?

And the answer is...we don't. The most committed and tenacious of them will go voluntarily, because their leadership has treasonous blood on its hands, and will implicate the rest of the fanatics in its criminal treason.

And we all know what that treason is:

1) Instigating/facilitating the 9/11 attacks as the "Pearl Harbor event" used to lie America into Mideast wars for Israel

2) Actually carrying out the conspiracy to lie America into war for Israel

3) Compounding their crimes by conspiring to lie/coerce America into war with Iran

If these truly treasonous Zionist Jews, the ones that could be proven to be involved in the crimes outlined above, were publicly put on trial and executed for their treason if found guilty, the rest of the Israel-firsters would quickly decide whether they want to be Americans or Israelis.

High profile, public trials for treasonous Zionist Jews and Judeo-supremacists would do wonders for flushing out the criminal Diaspora Zionist racket, with the added benefit of not harming innocent Jews.

Indeed, most "anti-Semitism" can be traced back to the original sin of the abhorrent behavior of the conniving Judeo-supremacists and their subversive, self-serving, self-enriching machinations that inevitably blow up in the average Jew's face, either because these foolishly get drawn into the Zionist racket, or because they're left holding the bag. And after factions of Jews pay a price for Zionist racketeering and murder, Zionists then use this as "evidence" of pervasive anti-Semitism, and claim they're entitled to special rights, rewards, reparations and privileges as "persecuted" victims.

So here are the simple principles of Zionist-rejection summarized:

--Zionist Jews belong in the Abrahamite-Judeo realm of Israel because they have a pathological, uncontrollable compulsion to conflate politics and religion into supremacist doctrine and agenda.

--Islamists belong in the Abrahamite-Islamic realm for the same reason.

--Zionist Jews claim they should be given a "pass" for organizing as a self-serving, ideologically fanatical racket because of the small numbers that comprise their demographic. But can anyone imagine Islamists saying they're entitled to their fanaticism because they're a tiny minority?

--In both cases, because their way of life is so completely at odds with and outright hostile to Western civilization, let them "sink or swim" and make their own way WITHOUT Western resources in the realm of Abraham.

None of this is to argue that all Jews and Muslims should be banned from the West.


Jewish and Islamic freedom lovers willing to respect (instead of subvert and wage war against) the Greco-Christian moral authority of the West, and abide by the traditions of Western civilization including separation of religion and state with limited government intrusion into private life, constitutional rule of law, and freedom of speech, would likely remain welcome in most Western countries -- so long as they didn't revert back to conspiracies to set up and utilize authoritarian and totalitarian central governments to institutionally assert the supremacy of a their respective supremacist "religious" ethno-ideologies.

There's nothing "compassionate" about the left-right alliance for open borders; it's all about a cheap, compliant work force, even at the degree level

Conservatives and Liberals Unite for Immigration
mangans.blogspot

In his latest column, Edwin Rubenstein shows that unemployment among college grads who majored in STEM fields is as bad, or in some cases worse, than for those who graduated in the liberal arts. He also notes the "immigration dimension" to the story...

Of course, business is all for this. They want the cheapest, most compliant workers possible in order to ensure their Holy Grail, profits. This is why those on the right need to moderate their often knee-jerk support for business. Until businesses in turn start showing some support for Americans, they deserve none of our support.

The twin pillars of the displacement of the American worker and the destruction of his ability to make a living and support a family have been business and the Left, who have an unstated but fully functional alliance when it comes to the matter of immigration. This is the reason why virtually no one on the national scene will discuss the downside of immigration; any discussion of the matter is only in the most glowing of terms. And this is the reason that anyone who dares to touch the topic in the "wrong" way is denounced by both right and left, by the Open Borders Journal and the NY Times, by the U.S. Chamber of Commerce and the Obama Administration...MORE...LINK

Thursday, May 24, 2012

Corrupt Beltway uses taxpayer money to cover big gambling losses for banksters, yet same banksters keep huge profits for themselves when they win

JPMorgan’s Senior Officers’ Addiction to Gambling on Derivatives
ritholtz.com

...Big wins from gambling in financial derivatives can only come from enormous, extremely risky gambles. A bank that makes enormous, extremely risky gambles is a bank that desperately needs to have its senior management team removed – immediately – and that is true regardless of how those bets turn out in any particular year. There is no conceivable social purpose to providing the explicit federal subsidy of deposit insurance and the (much larger) implicit federal subsidy of “too big to fail” that all SDIs enjoy to a bank so that it can take massive gambles on financial derivatives. The Jamie Dimons of the world know that if they win the gambles they will be made immensely wealthy and that when they lose the gambles massively the federal government will bail them out. Every gamble a federally insured bank (or an implicitly guaranteed SDI) takes is a gamble with government money. Bank leverage is always extreme in the modern era; it vastly exceeds the reported (and often inflated) capital. The government is the true creditor through its explicit and implicit guarantees of the bank’s creditors...

The reality is that Dimon is running the largest hedge fund in the world and that, in economic substance, he is gambling with our (federally-guaranteed) money on huge positions in financial derivatives. If he continues these bets, it is only a question of time before JPMorgan suffers catastrophic losses and we have to bail out the bank’s creditors. True conservatives support the Volcker rule because they agree that we should not be subsidizing a government sponsored entity (GSE) like Fannie, Freddie, or JPMorgan, to bet on financial derivatives. The NYT reporters do not even seem to understand the issue, even though it is central to the Volcker rule...

So we have a bank whose senior officers claim not to take any speculative bets, but who in reality not only have been making enormous bets for at least four years and have greatly and contemporaneously increased the risk of those bets along multiple dimensions. Neither JPMorgan’s senior managers nor the regulators took any meaningful action to prevent this massive, increasing addiction to ever riskier gambling even though investments in fraudulent mortgage-backed derivatives (the “green slime”) drove the ongoing financial crisis. What would it take for senior bankers and regulators to learn the most important lessons of the ongoing crisis? The derivatives scandal at JPMorgan did not begin a few months ago – it began at least as long ago as 2008 when the CIO made increasingly large bets in financial derivatives. A competent investigations would likely show that the bets began far earlier than 2008...

JPMorgan is in trouble because Dimon and his senior managers are addicted to gambling on financial derivatives with our money. The lesson they learned from the ongoing crisis is that they could get away with this. If they continue to gamble on financial derivatives it is only a matter of time before they suffer catastrophic losses. It is imperative that the SDIs be shrunk to the size that they no longer pose a systemic risk and can be closed without bailing out their creditors. The regulators need to replace Dimon with a manager who is not addicted to exploiting federal subsidies to gamble on financial derivatives...MORE...LINK

Wednesday, May 23, 2012

Who really understands American values? Average workaday Joe far more in touch with founding ethos than insular, Empire-corrupted, Beltway elites

Interventionism and the Elites
antiwar.com

A recent Rasmussen poll has 51 percent of Americans favoring the pullout of all US troops from Europe – and yet not a single major American politician would even consider endorsing such a move. Why is that? I thought politicians were supposed to be consummate opportunists, whose weather vane-like views shift with the winds of public opinion. If so, then they should be jumping on the anti-NATO, anti-interventionist, “mind-our-own-business” bandwagon – right?

Wrong.

The great gulf between the American public and the elites when it comes to foreign policy is a constant source of irritation for the latter. The mandarins of the foreign policy establishment have long bemoaned the “isolationism” of the American people. It’s the natural inclination of a free people to leave others alone, and the Founders exemplified this sentiment when they decried the impulse to “go abroad in search of monsters to destroy.”...

This was the consensus view of the American elite when our country was just out of its cradle, and no one thought to question it: the idea that America would impose its own system on foreigners, and that we had some kind of moral responsibility to save the world from itself, was alien to the American ethos. The example of Napoleonic France served as ample enough warning to any interventionists who would have had us succumb to the temptations of empire: as the French army “liberated” Europe, France itself morphed into a monarchy. When Napoleon crowned himself at Rheims it was an act of transfiguration foreseen by the founders when they warned against the threat of militarism to America’s republican legacy. The danger to the Constitution and the country, they realized, was internal – and it emanated from the imperialist impulse...

This anti-interventionist stance flowed from the Founders’ philosophy of governance, which was to strictly limit the power of the federal government and bind the hands of would-be tyrants with the chains of the Constitution. As these chains rusted over time, however, the imperialist impulse was unleashed...MORE...LINK

True to form, self-destructive, pompous GOP establishment has made an enemy of Ron Paul Army by anointing Romney and his Israel-first, neocon cadre

A Vote for Romney is a Vote for Israel
thepassionateattachment.com

There are some strange things going on relating to US foreign policy and Israel that you will not see in the mainstream media. A recent Rasmussen poll suggests that most Americans (53%) are closer to Ron Paul on the need to get out of Afghanistan immediately than they are to the views of either Obama or Romney, who respectively prefer a long somewhat disingenuous disengagement and continuing the war until, improbably, all terrorists are dead. But in spite of their popularity, Ron Paul’s views will be invisible in November’s election.

At the same time, even though Paul is genuinely out of the running for president, his campaign has clearly built up a grassroots presence at state and local levels that will be difficult for the Republican National Committee to deny unless it resorts to extensive vote-rigging or mass exclusion of freely elected representatives. Both are quite possible and have already been employed at local levels to isolate Paul. Nearly all of the activists now entering government support Paul’s call for an end to foreign aid, which is, of course, anathema to Israel and its friends...

But the Tea Party/Paul pressure on bloated budgets and foreign aid conceptually will not go away and you can be sure that AIPAC will be working hard to distinguish assistance to our good friend and faithful ally Israel from all other foreign entitlements. And also working hard to elect Romney, a foreign policy parvenu, who has surrounded himself with neocon advisers including John Bolton, Robert Kagan and Dan Senor...MORE...LINK

Crony government revolving door: Clintons get rich from corporatist and Israel-First interests they favor while in office

Bill Clinton’s $80 Million Payday, or Why Politicians Don’t Care That Much About Reelection
nakedcapitalism.com

On December 21, 2000, as President, Bill Clinton signed a bill known as the Commodities Futures Modernization Act. This law ensured that derivatives could not be regulated, setting the stage for the financial crisis. Just two months later, on February 5, 2001, Clinton received $125,000 from Morgan Stanley, in the form of a payment for a speech Clinton gave for the company in New York City. A few weeks later, Credit Suisse also hired Clinton for a speech, at a $125,000 speaking fee, also in New York. It turns out, Bill Clinton could make a lot of money, for not very much work...

Today, Clinton is worth something on the order of $80 million (probably much more, but we don’t really know), and these speeches have become a lucrative and consistent revenue stream for his family....

Over the course of the next ten years after his Presidency, Clinton brought in roughly $8-10 million a year in speaking fees. In 2004, Clinton got $250,000 from Citigroup and $150,000 from Deutsche Bank. Goldman paid him $300,000 for two speeches, one in Paris. As the bubble peaked, in 2006, Clinton got $150,000 paydays each from Citigroup (twice), Lehman Brothers, the Mortgage Bankers Association, and the National Association of Realtors. In 2007, it was Goldman again, twice, Lehman, Citigroup, and Merrill Lynch. He didn’t just reap speaking fee cash from the financial services sector – corporate titans like Oracle and outsourcing specialist Cisco paid up, as did many Israel-focused groups, Middle Eastern interests, and universities. Does this explain the finance-friendly, oil-friendly and Israel First-friendly policies pursued by the State Department under Hillary Clinton? Who knows? But if you could legally deliver millions in cash to the husband of a high-level political official, it wouldn’t hurt your policy goals...MORE...LINK

Monday, May 21, 2012

Since 1980's, elite financial sector has devolved into a criminal racket, sanctioned by corrupt, complicit regulators and political class

Heist of the century: Wall Street's role in the financial crisis
guardian.co.uk

...It is no exaggeration to say that since the 1980s, much of the global financial sector has become criminalised, creating an industry culture that tolerates or even encourages systematic fraud. The behaviour that caused the mortgage bubble and financial crisis of 2008 was a natural outcome and continuation of this pattern, rather than some kind of economic accident.

This behaviour is criminal. We are talking about deliberate concealment of financial transactions that aided terrorism, nuclear weapons proliferation and large-scale tax evasion; assisting in major financial frauds and in concealment of criminal assets; and committing frauds that substantially worsened the worst financial bubbles and crises since the Depression.

And yet none of this conduct has been punished in any significant way.

Total fines on the banks for their role in the Enron fraud, the internet bubble, violation of sanctions against countries including Iran and money-laundering activities appear to be far less than 1% of financial sector profits and bonuses during the same period.

There have been very few prosecutions and no criminal convictions of large US financial institutions or their senior executives. Where individuals not linked to major banks have committed similar offences, they have been treated far more harshly.

The Obama government has rationalised its failure to prosecute anyone (literally, anyone at all) for bubble-related crimes by saying that while much of Wall Street's behaviour was unwise or unethical, it wasn't illegal. With apologies for my vulgarity, this is complete horseshit...MORE...LINK

Rahm Emanuel brings his conniving-thug political ethic to crackdown on Chicago NATO protesters, framing them as terrorists and anarchists

Obama or Anarchy?
antiwar.com

Rahm Emanuel runs Chicago like he ran the Obama White House: with an iron fist and a foul mouth – and the NATO summit, being held in the Windy City, is the perfect occasion for him to demonstrate just how “tough” he can be.

“Never let a serious crisis go to waste. What I mean by that is it’s an opportunity to do things you couldn’t do before.” Thus spake Rahm, during his days as Obama chief consigliere — and with the arrest of at least three individuals on the eve of the anti-NATO protests on charges of “material support for terrorism,” possession of incendiary devices, and conspiracy, we are seeing Rahm’s credo in practice. The “NATO Three,” as they’re known on Twitter, are accused of plotting to attack Chicago police stations, the mayor’s home, and Obama’s Chicago election headquarters.

Of course, any visible opposition to the militarism draining this country is a crisis for the War Party, whose shaky rule can’t tolerate visible protest of any sort. Using all the legal and bureaucratic resources given them by the “Patriot” Act and the Homeland Security State, Rahm and his friends in the White House are taking the opportunity to boast of how this is the first time state “anti-terrorist” laws have been used in a prosecution. This is how a phony “crisis” begets the opportunity for the State to smear its enemies and make more inroads on what is left of our civil liberties...MORE...LINK

Sunday, May 20, 2012

What is being defended in Chicago? The insane perpetual war paradigm and its corrupt political class

Life in Occupied Chicago
activistpost.com

Through Monday, downtown residents live in occupied Chicago.

Secret Service agents, NORTHCOM and National Guard forces, as well as thousands of state and local police seem everywhere.

Getting around feels hazardous. Anyone may be stopped, searched, interrogated, even arrested.

Residents were advised to hunker down and stay out of harm's way as best as possible. For many, it's not easy. More on a city under siege below.

NATO is the world's first global war-making alliance. Largely a US imperial tool, it's a killing machine...

Imperial conquests are planned. Wars are launched. Fundamental laws are violated. Nonbelligerent states are targeted. Vast destruction follows. Millions die. Human misery is incalculable. One conflict follows another in an endless cycle of worldwide collective punishment.

NATO's a global menace, a killing machine, a weapon of mass destruction threatening humanity, an alliance for war, conquest and dominance, not peace.

Enemies don't exist so they're invented. Wealth and power interests alone benefit. Humanitarian intervention is code language for aggressive wars. Pretexts are contrived to wage them.

NATO plans global dominance. China's being encircled. Encroachment approaches Russia's borders. It's targeted by strategic missiles for offense, not defense...MORE...LINK

Commissar Rahm Emanuel's Chicago police department attacks NATO protesters with batons and clubs



Protesters and Police Clash at NATO Meeting; 2 Held on Terrorism Charges
nytimes.com

...On Sunday, prosecutors announced that they had filed charges against Sebastian Senakiewicz, 24, of Chicago, accusing him of falsely making a terrorist threat by claiming that he had homemade explosives — hidden in a hollowed-out “Harry Potter” book at his house — that could blow up a highway overpass. No explosives were found in a search of Mr. Senakiewicz’s home, the prosecutors said.

Separately, Mark Neiweem, 28, who was also believed to be from Chicago, was charged with “solicitation for possession” of explosives or incendiary devices. Prosecutors said he had discussed making a pipe bomb with an associate. He wrote a list, the prosecutors said, of all the items he thought he needed for the bomb.

Lawyers for both men denied the charges, and suggested that the authorities in Chicago were overstating the claims as a warning to the thousands of protesters, some of them linked to the Occupy movement, who have descended on the city for the summit meeting.

Law enforcement officials in Chicago dismissed such assertions, and said they planned to continue an approach that allowed for free speech and dissent, but did not tolerate crimes.

The new arrests were unrelated, the authorities said, to a plot that prosecutors had earlier described involving three men they said had considered attacks against President Obama’s re-election campaign headquarters, the house of Mayor Rahm Emanuel, police stations and financial institutions.

Lawyers for those three men said that they had been entrapped and that a man and a woman who were either informants or undercover law enforcement officials had come up with the plans and provided the materials for explosives.

Lawyers for the two men whose arrests were announced on Sunday said the same man and woman — known as “Mo” and “Gloves” to their clients — were also informants in their clients’ cases...MORE...LINK

Americans want cuts in defense spending and war, but the Beltway plutocracy doesn't give a damn what Americans want

Americans Are Less Hawkish than Their Leaders
nationalinterest.org

American leaders are reliably more hawkish than Americans. That gap marks a failure in democratic decision making. Under some circumstances, the free marketplace of ideas not only fails to produce good policy but actually thwarts it.

That problem underlies a new joint study published by the Stimson Center. Based on a survey of 665 Americans, the study shows that when presented with arguments for and against cutting the defense budget, Americans want to cut it—a lot. Respondents rated general arguments for and against cutting total defense spending, finding most arguments convincing but dovish arguments generally more so. They preferred cutting defense spending to raising taxes or cutting other spending (though Republicans somewhat preferred cutting other spending). Asked to set a defense-spending level for next year, nine-tenths of Democrats and two-thirds of Republicans cut it. The survey then listed defense-spending categories, gave standard pro and con arguments for each, and asked respondents for their recommendation on each. Their biggest cuts, by percentage, came from the war in Afghanistan and nuclear weapons. The average total cut amounted to about 18 percent of the nonwar defense budget.

The study is a useful exposition of what we knew: Americans are less enthusiastic about war and military spending than U.S. policy on these matters suggests. As Christopher Preble points out, polls show majorities of Americans will gladly slash defense spending to reduce the deficit, are against the war in Afghanistan and remain lukewarm about global policing and current alliances. But the American political system offers only historically modest defense cuts, an endless, albeit reduced, military presence in Afghanistan and preservation of our globocop strategy. Republican voters’ growing opposition to war of late (which, incidentally, Tea Party supporters seem to be hindering, not leading) has not translated into many antiwar positions among Republican leaders. As Ari Berman recently noted in the Nation, Mitt Romney’s foreign-policy advisors are almost entirely neoconservative Bush administration retreads. Democratic voters, of course, are disappointed by the Obama administration’s hawkishness, though it shouldn’t have been surprising...MORE...LINK

Friday, May 18, 2012

Dangerous Legislation Iran Doesn't Threaten America by Rep. Ron Paul
antiwar.com

I strongly oppose H Res 568, a resolution "expressing the sense of the House of Representatives regarding the importance of preventing the Government of Iran from acquiring a nuclear weapons capability."

Once again we see on the "suspension" calendar, which is customarily reserved for non-controversial legislation, a resolution designed to move the US toward a military conflict with Iran. Sadly, it has become non-controversial for Congress to call for US attacks on foreign countries that have neither attacked nor threatened the United States.

We should not fool ourselves about the timing of this legislation. Next week, high-level talks between Iran and the five permanent UN Security Council members plus Germany (P5+1) will resume. Those who seek US military action against Iran must fear that successful diplomacy will undermine their calls for war.

Disturbingly, some of my colleagues have suggested this resolution can be read as a form of ersatz Congressional approval for the use of military force against Iran.

The International Atomic Energy Agency (IAEA) has the authority to monitor the Iranian nuclear program to determine whether nuclear material is being diverted from civilian to military uses. The IAEA has never reported an Iranian violation. This legislation attempts to scare us into believing otherwise, but that fact remains. And the US Intelligence Community agrees with IAEA conclusions on this matter.

The most dangerous aspect of H. Res. 568 is that it dramatically lowers the threshold for conflict with Iran by replacing the prohibition against acquiring nuclear weapons to a prohibition against a "capability" to develop nuclear weapons.

However, as former senior Bush administration official, Flynt Leverett, has stated:

"Iranian efforts to develop a ‘nuclear weapons capability’…may make American and Israeli elites uncomfortable. But it is not a violation of the NPT….While the NPT prohibits non-nuclear-weapon states from building atomic bombs, developing a nuclear weapons capability is [allowed] under the NPT… It is certainly not a justification — strategically, legally, or morally — for armed aggression against Iran."

But this resolution states that the House "rejects any United States policy that would rely on efforts to contain a nuclear weapons-capable Iran." That makes it very clear that the intent of the House is to authorize force against Iran not if it acquires a nuclear weapon, but if it has a "capability" to acquire them some time in the future. The term "capability" is left undefined, of course, leaving it open to very broad interpretations by this and future administrations.

This is incredibly dangerous legislation. I urge my colleagues in the strongest manner to reject this stealth authorization for war on Iran.

House legislation puts U.S. on war path with Iran, "reads like the same sheet of music that got us into the Iraq war"

House Bill Shifting Red Line for War on Iran Passes Overwhelmingly
antiwar.com

A bill in the House of Representatives has just been passed which inches the United States dangerously close to war with Iran just days ahead of a second round of diplomatic talks with Iran about its nuclear program...

The shifting of the so-called “red-line” is instructive. Hawkish rhetoric for some time now has been that Iran is developing nuclear weapons and this provides a pretext for war unless we can reverse their course. The problem is that this rhetoric is not true: the U.S. military and intelligence community are in consensus that Iran has no nuclear weapons program.

And so the red-line shifted to include something Iran is doing, namely enriching uranium for peaceful purposes. Some argue that the Iranian government simply having the know-how for building nukes is enough to attack it, but that is an absurd justification for war if for no other reason that knowledge doesn’t amount to an imminent threat. The attack would therefore be a war of aggression - one without the justification for self-defense - which international law designates a serious war crime.

Col. Lawrence Wilkerson, former Chief of Staff for Secretary of State Colin Powell, warned “This resolution reads like the same sheet of music that got us into the Iraq war, and could be the precursor for a war with Iran….it’s effectively a thinly-disguised effort to bless war.”...MORE...LINK

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Related: Israel lobby authored “no containment” House Iran resolution

Related: The Israel lobby was "decisive" in lying the U.S. into the Iraq war, say scholars

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Wednesday, May 16, 2012

Germans wisely concerned about crooked New York Fed's custodianship of their gold

Germans Fret about Their Foreign Gold Reserves
spiegel.de

Germany has gold reserves of just under 3,400 tons, the second-largest reserves in the world after the United States. Much of that is in the safekeeping of central banks outside Germany, especially in the US Federal Reserve in New York. One would think that with such a valuable stash, worth around €133 billion ($170 billion), the German government would want to keep a close eye on its whereabouts. But now a bizarre dispute has broken out between different German institutions over how closely the reserves should be checked.

Germany's federal audit office, the Bundesrechnungshof, which monitors the German government's financial management, is unhappy with how Germany's central bank, the Bundesbank, keeps tabs on its gold. According to media reports, the auditors are dissatisfied with the fact that gold reserves in Frankfurt are more closely monitored than those held abroad.

In Germany, spot checks are carried out to make sure that the gold bars are in the right place. But for the German gold that is stored on the Bundesbank's behalf by the US Federal Reserve in New York, the Bank of England in London and the Banque de France in France, the German central bank relies on the assurances of its foreign counterparts that the gold is where it should be...

In times of uncertainty about the future of Europe's common currency, gold is a hot topic, and some Germans take a dim view of the fact that much of the country's gold -- which theoretically belongs to the people -- is held abroad. Some members of parliament have even expressed doubts as to whether the foreign gold reserves really exist. Philipp Missfelder, a member of the conservative Christian Democratic Union (CDU), wanted to see the gold for himself and traveled to New York in person to inspect the holdings, according to the newspaper Frankfurter Rundschau. His trip was apparently unsuccessful, though. When he visited the Fed's safes in New York, staff were either unable or unwilling to show him exactly which bars belonged to Germany...MORE...LINK

Totalitarian central bankers and their neo-fascist agenda for international economic hegemony is the problem, not this or that Fed "policy decision"

Time Magazine: Fed is Responsible for the JPMorgan Blow Up ...
thedailybell.com

"Is the Fed to Blame for JPMorgan's $2 Billion Blowup? ... The JPMorgan $2 billion-trading-loss story is nearly a week old, and the news has predictably gone through the various spin cycles of the political right and left. Initially, progressives pounced on the loss as reason to strengthen the yet-to-be-fully-implemented Dodd-Frank financial reform law. Conservatives then pushed back on that conclusion arguing that the loss was not a disaster for shareholders given the size and profitability of the bank overall, and that therefore policymakers shouldn't overreact with more stringent regulation. However, there is another, smaller chorus of voices that is blaming neither government inaction nor banker recklessness, but the policies of the Federal Reserve. These critics are arguing that excessive intervention by the central bank has distorted financial markets and forced big banks to resort to risky moves in order to maintain profits." – Time Magazine

Dominant Social Theme: Maybe the Federal Reserve ought to be better mannered.

Free-Market Analysis: Another limited hangout from a mainstream publication. In this case, Time magazine. This is how the game works. One never calls for the end of central banking – only for central bankers to DO BETTER.

And here we go again. Time magazine (business) is out with an article blaming JPMorgan's losses on Federal Reserve monetary policy.

The putative, near-term reason for launching this explanation is to ensure that JPMorgan is given some sort of rhetorical cover. That's the way it seems to us.

The elites who want to run the world depend on Wall Street and other major banking centers for their control over money. These dynastic families control central banking but they have to control the distribution arms as well.

Implosions at top firms like JPMorgan are bothersome. The "help," like James Dimon, are given a helping hand when possible. The mechanism is to use controlled mouthpieces of the mainstream press...MORE...LINK

Rand Paul single handedly staved off AIPAC-written Congressional resolution that would have put U.S. on war path to Iran...but it's back

Why You Aren’t Reading About AIPAC-Authored House Iran Resolution EXCEPT HERE
mjayrosenberg.com

In case you missed it, here is my piece from yesterday (also featured in Huffington Post) about AIPAC’s “no containment” resolution which is on the House floor today.

The resolution was written by AIPAC and introduced in both Houses by the AIPAC faithful. It would have passed the Senate 99-1 except that the one, Rand Paul, used the unanimous consent rule to keep it off the floor. Not to worry, Senators Reid and McConnell will make sure it passes later.

The resolution is part of AIPAC’s strategy to prevent President Obama from responding to a “nuclear capable” Iran through any means other than war. Joe Lieberman explains: “”All options must be on the table when it comes to Iran — except for one, and that is containment.” He added that “the consequences of a nuclear-armed Iran cannot be ‘contained’ like the threat of the Soviet Union” — or China, or North Korea, or Pakistan.

At this point, the resolution is non-binding but as Lieberman and AIPAC make clear, it will be converted into binding language. Otherwise, the goal of tying Obama’s hands cannot be accomplished...MORE...LINK

Tuesday, May 15, 2012

State-worshipping, post-WWII generations of American "leadership" have wrought an utter train wreck of a country

Fewer Workers, More Welfare
theamericanconservative.com

In 1965, LBJ announced his plan to convert our ordinary society into a Great Society. Since then, trillions have been spent.

The fruits of that immense investment? The illegitimacy rate, dropout rate, crime rate and incarceration rate have set new records, as the test scores of high school students have plummeted to new lows.

Our labor force is shrinking, the number of dependent U.S. adults is growing, our social programs are failing, and our best educated and most productive generation is retiring...MORE...LINK

Friday, May 11, 2012

Nobel Economist's research confirms globalisation is a jobs-plundering mega-scam serving the mega-rich and their political sock puppets

Nobel Economist Michael Spence - Offshoring has Destroyed the US Economy
abovetopsecret.com

Nobel Economist Michael Spence is saying that only jobs in government, education and health care and the like have grown in the USA while tradeable jobs that produce tangible goods and services have been exported leading to a lack of jobs in manufacturing and the like, which has caused wages to flat-line.

The article also points out that Michael Spence is saying that high value jobs which are being exported overseas (for instance manufacturing) are being replaced with low value jobs (for instance a job in McDonalds) and acknowledges that the change in the structure of American employment from higher productivity to lower productivity jobs is the reason both for the flat-lining in US consumer income and for the rising inequality of income.

Sending jobs abroad raised the earnings of capital but has led to lost jobs in manufacturing being replaced by jobs which pay much less in the service sector such as supermarkets and fast food restaurants, thereby causing the rich to get much richer and everyone else to compete for the fewer and fewer remaining high value jobs.

It is interesting to see a Nobel Economist effectively stating (using the language of an economist) what everyone else is seeing with their own eyes.

Globalisation and the offshoring of jobs does have winners and losers in the USA. The super rich win. Everyone else loses...MORE...LINK

Tuesday, May 08, 2012

Liberal fascists platitudes and warped mockery of humanitarianism disturbed by a true humanitarian's confrontation of their sick hypocrisy


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Chris Moore comments:

Liberal fascists like those at the podium (Obama's Deputy National Security Advisor for Homeland Security and Counterterrorism John Brennan and "liberal" Democrat Jewish Zionist oligarch Jane Harman) are even more disgusting than the original fascists, because they couch their malevolence and mass murder within "humanitarian" platitudes.

Former California Rep. Jane Harman, appropriately dressed in blood red in this video, is particularly odious. She's a Judeo-fascist who has accumulated a fortune of $435 million by way of her crony Congress Zionist racketeering.

These people literally have no shame, and are of utterly criminal character. Yet we're told that they are our elites, leaders and moral authority. It's as if the devil himself has inserted them to their heights as a sick, sadistic joke and torment upon humanity.

Political and economic upheaval in Europe means radical social change is on the horizon; Where will it lead?

Is This the End of “One Europe”?
theamericanconservative.com

How Europe’s crisis resolves itself as yet remains unknown.

But with Sunday’s returns from France and Greece, the mega-trends on the Old Continent are unmistakable. And for the European Union, they are ominous.

Nationalism — be it economic nationalism or ethnic nationalism — is ascendant. Transnationalism and multiculturalism are in headlong if not irreversible retreat. The European project is itself imperiled.

To be sure, no one should underestimate the commitment of Europe’s elites to the vision of One Europe as challenger to the United States. In the capitals and corporate headquarters of the continent, these elites are, almost to a man and woman, devout Europeans.

Yet their ability to keep Europe on course until its peoples have yielded up their sovereignty and agreed to submerge themselves in a single entity is now in question. From Paris to Athens, the radical left and the nationalist right are resurgent. Marxists and patriots dream different dreams than the disciples of Jean Monnet...

From inception, the European project was built on a Faustian bargain.

If the nations of Europe would surrender their sovereignty, let their identities be diluted through immigration and open borders, and submerge themselves in a larger and more inclusive Europe, their peoples would be rewarded with an unparalleled prosperity.

Surrender your souls, and we will make you rich, secure and happy, said the eurocrats to the peoples of Europe.

After two terrible wars, Europe’s peoples took the bribe.

Free-riding off America’s defense, enjoying a prosperity produced by internal free trade and the explosive growth of their welfare states, financed at low interest rates once the euro was accepted as the common currency, they came to relish the good times.

Now the bill has come due. Greece, Italy, Portugal and Spain must sacrifice and suffer to pay for these good times. Their public sectors must be pared back, pensions reduced, retirement age advanced. They must work harder and longer for all the years it takes to put their fiscal houses in order and pay back what they owe.

The left is saying is: We want our pensions restored, our public employees rehired. If our leaders need more money, take it from the rich, take it from the banks, take it from the big corporations.

The right is saying: We want our countries and culture back. We want our borders closed. We want no more immigration from the rest or Europe or the rest of the world.

Let France be France again. Let Greece be Greece again.

Tribalism, radicalism and socialism are the growth stocks of the new Europe.
...MORE...LINK
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Chris Moore comments:

The West needs to restore its Greco-Christian identity -- rational Greek ethos, Christian pathos.

The great Western thinkers, religious leaders and political figures who created and roughly unified what came to be known as Western civilization should be elevated. Anyone who lives in the West should be properly educated in Western values, ethics, and the rule of law, along with veneration for the anti-tribal, melting pot concept of integrating into Western norms.

Let the individual countries keep their cultural identities and control their own immigration, but let's all embrace Western values and a love, respect and jealous protection of Western civilization and its accomplishments in human rights, liberty, free speech, (non-corrupt) democracy and the sanctity of the individual.

And the West needs to dump this grafted, tribalistic, greedy Judeo-"Christian"/Zionist/Abrahamite agenda and identity.

The Judeo-Zionsts have Israel, the Islamists have Muslim civilization.

We don't need Zionists, Islamists or their greedy, tribalistic, warlike ways in the West. They poison the environment and the polity with their constant tribal intrigue, self-serving angling, and militancy.

Their worship of wrathful Yahweh and its brooding culture of vengeance inevitably manifests in angry religo-ideologies like Islamism, and mass murderous, pseudo-secular, Jewish supremacist Trojan horse ideologies like Communism, neoconservatism and Zionism.

The West now has its own serious problems to deal with; we don't need Abrahamites bringing their nutty, tribal, scorched earth ideas and Old Testament desert religious fever into the Western realm.

More loyal to international bankers, wars and government swindles than their own constituents, liberal elite politicos thrown out on their ears

Worldwide Incumbents Facing Wrath of Angry Voters
activistpost.com

As angry citizens around the world are becoming aware of how broken the global economic and political systems are, their desperation for real change has resulted in dramatic shifts in political majorities in the Western world.

In March of this year, voters in Australia miffed by Gilliard's reversal on her pledge not to introduce carbon taxes, nearly wiped out her Labor party in Queensland.

The majority Labor party went from holding 51 seats to just 7 in what operatives called "devastating" and a "stunning reversal" in the nation's political party power.

Just last week, U.K.'s prime minister David Cameron had to apologize for terrible election losses where hundreds of his fellow Conservative councillors lost their seats "against a difficult national backdrop." Pundits called it "embarrassing."

Cameron blamed voter sentiment on his "difficult decisions to deal with the debt, the deficit and the broken economy that we inherited," decisions which he vowed to "go on making" with or without public support.

This weekend saw two more European powerhouses take big hits. France's president Nicolas Sarkozy lost his re-election bid, while Angela Merkel's conservative Christian Democrats (CDU) party in Germany took a nose dive in state elections spelling trouble for her re-election next year.

Also over the weekend, a major power shift happened in Greece as furious voters delivered a "humiliating defeat" to the "bank bailout and austerity" parties that previously held majority rule.

What does this wave of anti-incumbent sentiment mean for Obama and the Democrats in U.S. elections this fall? And, will replacing one party with another actually solve anything?

The mounting anger manifesting as the Tea Party and the Occupy Wall Street movements does not bode well for incumbents in the United States. If these recent elections in Europe and Australia are any indication, Obama may be heading for the same fate.

Tracking polling shows that Obama is neck-and-neck with either GOP front-runner Mitt Romney or GOP hopeful Ron Paul. With the general election still half-a-year away and economic conditions worsening for most Americans, it seems Obama could face defeat in November.
...MORE...LINK

Monday, May 07, 2012

Blowback against globalism and hidden hand of international finance leads to political earthquake in Europe, rise of socialists and "Nazis"

"A Political Implosion": Anti-Austerity Parties Win Historic French and Greek Elections
democracynow.org

Voters in Europe have supported anti-austerity candidates in landmark victories. In France’s presidential election, François Hollande was elected as the first Socialist to lead France in 17 years. Greek citizens rejected two parties in parliamentary elections that had pledged to enact harsh international bailout measures. Meanwhile, Greece’s neo-Nazi Golden Dawn party could enter parliament for the first time. We discuss the change sweeping through Europe with Yanis Varoufakis, professor of economic theory at the University of Athens in Greece. [includes rush transcript]
PRESIDENT-ELECT FRANÇOIS HOLLANDE: [translated] I don’t know if you can hear me, but I have heard you. I have heard your will for change. I have heard your strength, your hope. And I want to express to you all of my gratitude. Thank you. Thank you. Thank you, people of France, gathered here, to have allowed me to be your president of the republic...
FRANÇOIS HOLLANDE: [translated] My real enemy doesn’t have a name or a face or a party. He’ll never run as president, and so he’ll never be elected, although he does govern. My enemy is the world of finance...
AMY GOODMAN: The ultra-nationalist, far-right Golden Dawn says it will start by forcing immigrants out of Greece after exit polls show it would pass into parliament for the first time since the end of a military dictatorship in 1974.

REPORTER: What will be the first measure change?

NIKOLAOS MICHALOLIAKOS: All the illegal immigration out! Out of my country! Out of my home!

AMY GOODMAN: So he wants legal and illegal immigrants, Golden Dawn.

YANIS VAROUFAKIS: He’s a Nazi. He wants a Kristallnacht against anyone that doesn’t look Greek, whatever that means.

AMY GOODMAN: Final comments on the significance of the elections in Greece and France?

YANIS VAROUFAKIS: It just goes to show that, just like after 1929, when you start with a Wall Street collapse, which then spreads throughout the breadth and width of the world capitalist economies, similarly, after 2008, we have an economic crisis that shook the foundations of the eurozone. The eurozone was never designed to sustain such a great financial crisis, and the eurozone now is unraveling. The political class, just like in the 1930s, has failed spectacularly to mount a response to this economic crisis, and now there is a political implosion. Whether the fragmented opposition to the idiocy, which passes as economic policy in Europe, is going to find a common voice in order to stop the rot and put an end to the rise of the Nazis is something that we’re going to have to wait and see.
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Chris Moore comments:

This is what happens when Zionists and Globalist organized predators and criminals are allowed to run amok, and it will soon happen in the U.S. as well unless the current, corrupt political class is wrenched from power.

What's it going to be for America, Stalinists and Nazis running the place, or libertarian nationalists in the vein of America's founders, but now wiser to Zionist and Globalist predations (both domestic and international) and ready, able, willing and eager to put them in their place and restore the rule of law?

***

But let's be frank: how fair is the "Nazi" categorization employed by the person being interviewed above? Democracy Now is kind of a socialist outfit, so I'm not surprised Amy Goodman is interviewing someone who would label the right-wing competition as "Nazi," but I'm extremely skeptical of anyone who drags out the that kind of rhetoric, because it is the signature Zionist tactic.

I think Western left-wingers have finally figured out they can't trust their long time ally Zionist Jews, but the left has also picked up most of Zionist Jewry's dirty tricks by harboring/partnering with them for so long, and is equally likely to turn Big Government into a Big Racket, just as the Zionists and their Globalist accomplices have. (Remember, for decades Western statist liberals and leftists told us we could trust diaspora Zionist Jewry, never uttered a critical word about Diaspora Zionism, still won't criticize Diaspora Zionism to this day, and are only critical of Israeli Zionism because it has become so blatantly fascist).

Socialists are just as greedy and all about greed-motivated open borders to keep crony government coffers full and the central government Ponzi scheme healthy, only they seek to launder their stolen loot entirely through government.

Again, this points to libertarian nationalism as the only reasonable alternative.

If only Ron Paul was more Zionist-wise, and more incredulous of money-worshippers of all stripes (be they left-wing, right-wing or "free market") and more willing to protect Western civilization from the predatory forces of both government and greed.

Grifter government attempts to smuggle in more road-to-totalitarianism legislation under auspices of fighting "cyber terrorism"

New American legislation would give power to keyboard cops
dailystar.com

Almost no one had read the Cyber Intelligence Sharing and Protection Act before it was rushed through the United States House of Representatives in late April and sent on to the Senate.

CISPA is the successor to SOPA, the “anti-piracy” bill that was recently defeated after an outcry from citizens and Internet companies. SOPA, which was framed by its proponents in terms of protecting America’s entertainment industry from theft, would have shackled content providers and users, and spawned copycat legislation around the world, from Canada and the United Kingdom to Israel and Australia.

Now, with CISPA, the clampdown on Internet freedom comes in the guise of a bill aimed at cyber terrorism that should give Internet entrepreneurs – and all business leaders – nightmares. And yet, this time, major Internet and technology companies, including Facebook and Microsoft, supported the bill, on the grounds that it would create a clear procedure for handling government requests for information. Microsoft, at least, belatedly dropped its support after recognizing that the law would allow the U.S. government to force any Internet business to hand over information about its users’ online activities.

But the bill is far more alarming than that. For example, “the head of a department or agency of the Federal Government receiving cyber threat information ... shall provide such cyber threat information to the National Cybersecurity and Communications Integration Center of the Department of Homeland Security.”

In fact, no actual threat need be made. And what counts as “threat information” is defined so broadly that it can mean anything. “Notwithstanding any other provision of law,” the government may rely on “cybersecurity systems to identify and obtain cyber threat information.”...
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Sunday, May 06, 2012

Characteristics of the new European right: traditionalist, ethno-communitarian, nationalist, anti-globalist

The European far right: actually right? Or left? Or something altogether different?
theconversation.edu.au

Marine Le Pen’s ability to attract nearly a fifth of the vote in the first round of the French presidential election was a resounding victory for her party.

While Le Pen’s Front National (FN) did not secure enough of the vote – 17.9% – to make the final run off, there is no doubt the FN voting bloc will be influential in deciding whether Nicolas Sarkozy retains office or Socialist candidate Francois Hollande becomes the 5th Republic’s first left President since Francois Mitterand.

The message is clear: parties of the “far right” are now an established political force in mainstream European politics.

Inaccurate terminology
The success of the Front National hasn’t gone unnoticed in the popular media. In news coverage the FN and other members of the Nativist Populist (NP) party family are most often referred to as “far-right”. In the economic sense at least, the accuracy of the “far-right” descriptor is doubtful.

In the contemporary Anglosphere, “right” tends to refer to economic liberalism, free markets, corporatism and globalism. Taken to its logical conclusion, far-right economics would be radically libertarian laissez-faire capitalism in which the nation, in ethnic, cultural and structural terms, is rapidly moving towards its expiry date.

In an age when “right” has come to mean, less state and more markets and corporations, the economic policies offered by the NP parties are often further to the “left” than many of those offered by centrist social democrats.

Anti-globalisation
Le Pen’s own public utterances criticising “ultra liberalism” and mondialism (One Worldism) are evidence enough that her natural constituency is not the Davos set. Rather, she is distinctly protectionist in her economic positions, having described globalisation as “getting slaves to make things abroad to sell to unemployed people here".

The NP parties tend to campaign on a cultural and a social axis. The cultural axis is traditionalist, the economic axis tends to be something best described as ethno-communitarianism with distinctly statist and leftist positions. These two axes make strategic sense when considering the FN’s targeted demographic.

French voters who support the Front National feel assailed on two fronts. First by cheap Chinese and other foreign imports local manufacturers cannot compete against, lest they start a “race to the bottom”. Second, they fear mass non-European immigration, mainly from Islamic Africa and Asia. They perceive themselves to be overwhelmed by free markets and open borders. The NP parties portray a situation where globalising elites make all the gains while the average citizen loses job security, identity and quality of life
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Wednesday, May 02, 2012

Kleptocrat enemies of the People: Two-party regime unites at axis of Trilateral Commission and its globalist agenda

Kleptocrats Launching Spring Offensive
americanfreepress.net

The Trilateral Commission (TC) held its annual meeting April 21-22 at the Hotel Okura in the heart of the business district in downtown Tokyo. Some 400 were in attendance. Over the course of the weekend gathering, the globalist group sought to advance its goal of world government, in spite of righteous populist anger directed at international banking elites for bringing about the collapse of economies around the world.

Founded in 1974, the TC was set up by international banker David Rockefeller to foster closer economic ties between Japan, Europe and North America. Since that time, many TC figures have served in high posts in American presidential administrations, both Democrat and Republican alike.

Although Ronald Reagan effectively condemned the internationalist worldview of the TC in his 1980 campaign for president, he actually welcomed the group to the White House during his presidency, perhaps no surprise since Reagan’s vice president, George H.W. Bush, was a founding TC member.

TC is essentially a junior affiliate of Bilderberg, the most exclusive and secretive club in the world, which was largely established under the auspices of the European-based Rothschild banking dynasty.
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Tuesday, May 01, 2012

Fed smoke and mirror swindlers busy plundering Western economies vow humility if only we commit to their vast con game until we're fully cooked

The Velocity of Money Is Coming, Along With Big Price Inflation?
thedailybell.com

...Free-Market Analysis: Axel Merk of Merk Funds is out with another good analysis of the tremendous monetary inflation now inherent in the Western dollar reserve system and its eventual impact.

We have always argued ... wait. Sooner or later there will be tremendous price inflation.

Does Merk agree? He is troubled, at least by the language that US Federal Reserve Chairman Bernanke is using in calling for "humility" and points out that Bernanke's sense of it and a normal person's is not the same.

This is, in fact, a kind of elite dominant social theme, in our view. It is the presentation of a fear-based meme that only top money minds like Bernanke's can successfully manage what's going on.

It is a kind of promotion as well, for what Bernanke and other central bankers are doing these days is nothing more than a kind of damage control. Today, having fully wrecked the world's economies, central bankers want to appear "humbled" by the forces they have so destructively manipulated.

The idea may be to create "order out of chaos" – to build a fully globalized monetary system with a worldwide IMF money – and a worldwide central bank (also perhaps the IMF) as well.

But if there is actually occurring a take-down of the world's economy by happenstance or on purpose, it is not necessarily prudent to proclaim it! Better to maintain "humbleness" – and that is the key word that Bernanke seems to have seized on, and that Merk has presented to us within his larger analysis.
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