Political Articles from 2018
Trump Takes on the Fed
by Ellen Brown
Posted September 17, 2018
Ever since the 1970s, the Fed and other central banks have insisted on their independence from political control. But according to Timothy Canova, Professor of Law and Public Finance at Nova Southeastern University, independence has really come to mean a central bank that has been captured by very large banking interests. It might be independent of oversight by politicians, but it is not a neutral arbiter. This has not always been the case. During the period coming out of the Great Depression, says Canova, the Fed as a practical matter was not independent but took its marching orders from the White House and the Treasury; and that period was the most successful in American economic history.
According to Bernard Lietaer, a former Belgian central banker who has written extensively on monetary innovation, the real job of central bankers today is to serve the banking system by keeping the debt machine going. More…
I traced missile casings in Syria back to their original sellers
by Robert Fisk
Posted September 14, 2018
Readers, a small detective story. Note down this number: MFG BGM-71E-1B. And this number: STOCK NO 1410-01-300-0254. And this code: DAA A01 C-0292. I found all these numerals printed on the side of a spent missile casing lying in the basement of a bombed-out Islamist base in eastern Aleppo last year. At the top were the words “Hughes Aircraft Co”, founded in California back in the 1930s by the infamous Howard Hughes and sold in 1997 to Raytheon, the massive US defence contractor whose profits last year came to $23.35bn (£18bn). Shareholders include the Bank of America and Deutsche Bank. Raytheon’s Middle East offices can be found in Saudi Arabia, the United Arab Emirates, Israel, Egypt, Turkey and Kuwait.
There were dozens of other used-up identical missile casings in the same underground room in the ruins of eastern Aleppo, with sequential codings; in other words, these anti-armour missiles – known in the trade as Tows, “Tube-launched, optically tracked and wire-guided missiles” – were not individual items smuggled into Syria through the old and much reported CIA smugglers’ trail from Libya. These were shipments, whole batches of weapons that left their point of origin on military aircraft pallets. More…
The Karma of ‘Blowback’
by Philip Farruggio
Posted September 9, 2018
The late Chalmers Johnson wrote a great and timely as hell book entitled Blowback (2000). In it, he discussed how our American Empire (I call it the Military industrial Empire) has seen its sins come back to repeatedly haunt us all. Interesting how one year after his book was published 9/11 occurred. This was a ‘dual blowback’ to our empire because
A) we supported the Mujahedeen fighting the Soviets in Afghanistan who then created the repressive Taliban while simultaneously spreading a fanatical Islamic mindset throughout East Asia and the Middle East; and
B) By propping up a myriad of dictatorships in those regions for generations our country has had the blood of innocents on our hands. The Shah of Iran and his secret police (Savak), Saddam Hussein who our CIA nurtured into power, the House of Saud and their repressive non-democratic Saudi Arabia… need I go on? And then our ‘idiot emperor’ Bush Jr. had the nerve to ask why they hate us! More…
The Whole System Is Rigged
by Chris Martenson
Posted September 7, 2018
Recently I’ve been frustrated by the efforts to convince Americans that our democracy is under attack by outside agents when there’s ample evidence — concrete, hard, firm evidence which I’ve repeatedly covered — that US elections have been spitting out improbable and even sometimes impossible election results for the past 14 years, ever since insecure, low-integrity eVoting platforms and central tabulators were introduced.
Yes, nefarious agents may well indeed be undermining our democracy. But the real villains appear much more domestic than foreign.
There’s nothing more poisonous to the notion of democracy than fraudulent election outcomes. Nothing. And yet the number of people rising up in protest on this issue may as well be zero, as long as we’re rounding to the nearest whole percentage. Meanwhile millions are up in arms about the still-unproven allegations that Russia tipped the recent presidential elections with a laughably tiny amount of social media ads. More…
Regeneration: Solving the Immigration and Climate Crises at the Same Time
By Ronnie Cummins
Posted September 7, 2018
Most of the media coverage of these issues until now has focused on the bad news:
“Hottest Year Ever,” “CO2 Concentrations in the Atmosphere Rising,” “Trump Determined to Build a Wall,” “Thousands of Immigrant Children Separated from Their Parents and Locked Up,” “Another Boatload of African Refugees Sinks in the Mediterranean,” “Immigration Crisis Polarizes EU.”
Unfortunately, there’s been little or no discussion about the interconnected roots of these crises and, most importantly, the good news: that there are positive solutions at hand.
Almost nowhere will you find a news story or commentary that connects the dots, as Vandana Shiva puts it, between “the soil crisis, the food crisis, the health crisis, the climate crisis and the crisis of democracy.” More…
Overthrowing other people’s governments: The Master List
By William Blum
Posted September 6, 2018
Instances of the United States overthrowing, or attempting to overthrow, a foreign government since the Second World War. (* indicates successful ouster of a government)
-China 1949 to early 1960s
-East Germany 1950s
-Iran 1953 *
-Guatemala 1954 *
-Costa Rica mid-1950s
“Democratic Institutions?” – 10 Lessons From History That Will Destroy Your Trust In The CIA
by Zero Hedge
Posted September 5, 2018
A somewhat recently declassified CIA memo unearthed by the FOIA collective MuckRock shows that in the midst of the historic Church Committee hearings which attempted to bring various shocking and illegal US intelligence practices and operations to public light, the National Security Council considered the move for strong Congressional oversight a “personal holocaust” that could result in Americans losing faith in the CIA and intelligence officials.
MuckRock, drawing lessons from this historical CIA archived memo, rightly observes that it “reveals how hostile the Intelligence Community could be to the concept of oversight.”
In a ‘straight from the horse’s mouth’ moment, the “eyes only” classified memo demonstrates in stunning clarity that a top concern for the agency has always fundamentally been fear of exposure over its “illegal and improper activities”. More…
America’s One-sided Domestic Financial War
By Raymond Matison
Posted September 1, 2018
Domestically, there are two institutions which are capable of starting, executing, and managing a domestic or a global financial war. The first is the Federal Reserve System, which with its banks has the unfettered power to print money, create credit, and set interest rates. The second is our own government which through its elected officials sets foreign policy that includes its demonstrated power to influence foreign elections, covertly remove uncooperative foreign leaders from office, and to wage war both physical and financial without any formal declarations.
America’s participation in the Korean War over seventy years ago was defined as a police action rather than a war which would have required Congressional approval, and conflicts since then have mostly eluded the requirement for congressional approval. However, no financial war has required a formal declaration nor Congressional approval, as they are initiated against any targeted country without visible bloodshed, frequently on a clandestine basis. More…
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