from USA Watchdog: Newsletter writer Dr. Jim Willie thinks the Ukraine crisis is an enormous struggle for financial power between East and West.
Dr. Willie contends, “I believe what we got with Ukraine is an
absolutely desperate situation where the U.S. government realizes we
have to stop Ukraine from becoming a central transit point for energy
pipelines in the fast developing Eurasian Trade Zone. They need to stop
the Eurasian Trade Zone because the United States and England are
largely going to be excluded. If you look behind the curtain to see
what is really going on, I believe this is the third attack on Russia’s
Gazprom. It is a giant monopoly that Russia controls for natural gas.
The first attack was veiled and it was Cyprus. Gazprom bank was
gigantic and it was in Cyprus. . . . Furthermore, Russia was using
Cyprus as a clearing house for buying gold bullion. . . . The second
attack against Gazprom was Syria. Iran pipelines were to be connected
with Syrian ports. . . . There is a war in the way. That’s what the
U.S. does. There is a war in the way. Now, we have the third attack
against Russia Gazprom. The U.S. and Europe actually believe if they
control the gas pipeline valves, they can control the flow on the
Western corner (of Ukraine) that feeds Romania, Poland and Hungary.
They actually believe if they control the valves, they can control the
flow. What if the flow is cut off?” Dr. Willie, who has an earned PhD
in statistics, thinks the manufactured Ukraine crisis is an act of
desperation by the U.S. Dr. Willie explains, “Have you ever know
someone truly desperate, who has no options, that did stupid things?
That’s what we are seeing now.” Read More
NGOs caught forging documents for
war, insider warns all NGOs infiltrated; 'Independent military
observers' for EU-based group OSCE again turned away in Crimea, OSCE
branded one more 'vulgar instrument' for foreign interests; and CNN buys
the latest State Department hoax. Seek truth from facts with
Illinois University Professor of International Law and former Amnesty
board member Francis Boyle; Infowars Editor Paul Joseph Watson; Eric
Draitser of Boiling Frogs Post; Ron Paul Institute Executive Director
Daniel McAdams; Ukraine protest organizers; Sliman Bouchuiguir, whose
NGO fabricated the claims against Libya; and Asst. Secretary of State
Vic Nuland. READ FULL SCRIPT: http://on.rt.com/s4z7cf
National Security Agency leaker Edward Snowden answered questions before the European Parliament on Friday, saying that the United States spy agency pressures its allies to take steps towards further enabling widespread and indiscriminate surveillance.
“One of the foremost activities of the NSA's FAD, or Foreign Affairs Division, is to pressure or incentivize EU member states to change their laws to enable mass surveillance,” Snowden said in a testimony delivered remotely from Russia.“Lawyers from the NSA, as well as the UK's GCHQ, work very hard to search for loopholes in laws and constitutional protections that they can use to justify indiscriminate, dragnet surveillance operations that were at best unwittingly authorized by lawmakers.”
“These efforts to interpret new powers out of vague laws is an intentional strategy to avoid public opposition and lawmakers’ insistence that legal limits be respected,”Snowden added.
The NSA lobbied heavily for leaders in Sweden, the Netherlands, New Zealand, and Germany to authorize mass surveillance operations, including programs in which intelligence is gathered and then shared across borders with allied nation-states abroad, the former intelligence contractor said.
By Jim Willie, GoldenJackass.com History repeats itself from the Kremlin phone calls made during the
Syrian conflict just a few months ago, when the UKGovt withdrew its
support and left the US isolated, looking very weak. Already, Putin has
threatened to dump USTreasury Bonds. Putin aptly calls the
Anglo-Americans as Mutants. Imagine the lunacy of trying to cut off the
only Russian warm water military naval port in the Crimea. Just as
stupid as the Trans Pacific Partnership faux pas, trying to cut off
China from its Asian neighbors and partners in trade. The intelligence
level of the USGovt has never been more stupid, destructive, and in full
view. The lost ground for the United States is obvious and glaring in
the Persian Gulf, the Mediterranean Sea, and the Caucasus region.
IMMEDIATE PETRO-DOLLAR RISK If the Kremlin demands Gold bullion (or even Russian Rubles) for oil
payments, then the interventions to subvert the Ruble currency by the
London and Wall Street houses will backfire and blow up in the bankster
faces. Expect any surplus Rubles would be converted quickly to Gold
bullion. If the Chinese demand that they are permitted to pay for oil
shipments in Yuan currency, then the entire Petro-Dollar platform will
be subjected to sledge hammers and wrecking balls. The new Petro-Yuan
defacto standard will have been launched from the Shanghai outpost. If
the Saudis curry favor to the Russians and Chinese by accepting
non-USDollar payments for oil shipments, then the Petro-Dollar is dead
and buried. The rise of the Nat Gas Coop run by Gazprom is in progress,
its gas pipelines to strangle the OPEC and its bastard Petro-Dollar
child. The entire USDollar foundation with the USTreasury Bond bank
reserve structure is at risk is collapsing, as consequence to the
desperate adventure and criminal activity conducted in Ukraine. Just
like with Syria, a hidden giant energy deposit is concealed under the
table. Off the Lebanese and Syrian coast, a massive off-shore energy
deposit was recently discovered. The US & UK & Israeli oligarchs
wish to take it all. Confusion is their game. In the western plains of
Ukraine, a massive gas deposit was recently discovered. The US &
European oligarchs wish to take it all. Confusion is their game.
Obama has spoken harsh
words threatening there will be “costs” to a Russian invasion of
Ukraine, but these “costs” will simply be economic sanctions that will
further the new Cold War. Putin asked the Russian upper house legislature for “permission” to invade and of course they granted that hands down.
The barbarians tried for decades to invade the Roman Empire. Marcus
Aurelius fought them back in Germany before he died in 180AD.
Eventually, as the fiscal mismanagement of Rome unfolded and pensions
promised to the military eroded, the defenses declined with the spirit
of the people and then the barbarians were able to enter the Roman
It is always economics that dictates the trend. Russia would never
dare invade Ukraine unless it knew the USA and Europe can do nothing
about it – they are impudent. The barbarians were able to sack Rome
itself several times because the empire has squandered its resources.
The USA and Europe are so desperate to hunt down money to pay their own
pensions, that they have destroyed the security of the world for they
have crumbled just as the Roman Empire. It was defeated from within –
taxes and corruption.
Betrayals occur in high places, even
the highest offices of the land. Furthermore, betrayals occur with some
of the most important allies for the nation. See the official German
gold account thefts, called euphemistically the repatriation demand. See
the shredding of the Constitution, by virtue of the Patriot Act which
could easily pass for a comprehensive Fascist Manifesto. See the renege
on the Chinese gold lease, on the back end of the Most Favored Nation
status granted in 1999. See the permitted security agency narcotics
centered in Afghanistan, with its vertically integrated business
operation, the clearing house function in Iraq, and money laundering
among New York banks, whose product fills American streets. See the
numerous deals for stolen Defense weapons, in particular those conducted
by the favored US ally, accounted for by means of scrap metal costs
associated with entire systems, the details promised the day before 911
but never to have arrived. See the planned bank account confiscations
and pension fund confiscations, the procedures having been worked into
law, or imminently, as the sacred privacy is stripped. See the string of
Executive Decrees, which trample on rights in every conceivable manner,
including life itself. See the NSA surveillance, which has been
revealed not only for ordinary diverse communications but also for
stealing trade secrets and monitoring discussions behind walls during
trade deals. Now the latest. See the trashing of the Saudis, and the
outright theft of their vast gold held on account in London.
betrayals run deep. The people far and wide should come to grips that
nazis (fascists with a stern nationalist streak) as they attack the
enemy nations, create new enemies from the neutral nations, and alienate
their allies. They control and pilfer gold wealth from their enemies
and neutral nations alike, but they defraud their allies in even more
gigantic volumes. See the subprime mortgage bonds, the USTreasury Bond
bubble, but also the physical gold bullion rehypothecation, and the Gold
futures contracts. The United States will win global isolation, which
will serve as the exact opposite of what the once great nation had grown
accustomed to. The process is well along, in an advanced stage of
pathogenesis like a cancer running parallel with toxic bonds and money.
Wealth of the world is being looted by the Elite. People must realize
that banker nazis predominantly speak the english language, and prefer
the tailored suit with $1000 cufflinks to the military uniform and SS
lapel pins. Instead of a goose step, they step on the wealth of client
states. They demand a salute to the flags they capture in an
ostentatious display of power and abuse. They also amazingly produce
deceptive movies that win Oscar awards or receive nominations.
THE GREAT BETRAYAL OF A KEY ALLY A new, higher level, and far deeper betrayal has caught attention.
The betrayal in progress strikes directly at the heart of the Global
Paradigm Shift. It is the trashing of the Saudi cutouts, whose kingdom's
boundaries were created by the British in the 1950 decade, and whose
king was recognized formally by the West. They have served their
purpose, but no more. They will be disposed of, and their wealth rung
out like from dirty laundry to produce coins in the pockets when turned
upside down before the wash cycle.
Why the Periphery Is Crumbling: The Spoils System Is Cracking
Instability starts on the periphery and moves into the core.
While it is clear that the instability in periphery nations is arising from dynamics unique to each nation, there is one unifying causal factor: the spoils system in each nation is breaking down.
Every nation-state, from brutal dictatorships to nominal democracies, ultimately depends on a spoils system that provides the various factions, classes, etc., with sufficient material and status benefits to accept the Status Quo arrangement.
The more a regime relies on oppression for its legitimacy (for example, North Korea or Saddam's Iraq), the greater its vulnerability to erosion in the spoils system, which naturally favor the military and the regime's Elites.
In broad brush, the spoils available for distribution are the surplus generated by the national economy. In the case of North Korea, this surplus stems from extortion (of donations from other nations), satrapy (free oil from China) and illicit activities (arms sales and counterfeiting). A common source of surplus is oil (Venezuela, Iraq, Iran) or some other desirable commodity.
The vast majority of surpluses outside oil exporting nations have been generated by three factors: cheap energy, rising productivity and the expansion of credit. If we examine periods of rapid expansion and generalized prosperity, we find these three factors were active: cheap energy, rising productivity and ample credit.
Just look at Europe and the U.S. in the 1950s and 60s, Japan in the 1960s and 70s, and China in the 1980s and 90s for examples.
Any reversal in these factors reduces surplus and the spoils being distributed. Sharply higher energy costs crimp profits and cause recessions, stagnating productivity leads to near-zero growth and institutional/state sclerosis and credit contraction leads to recession and the destruction of malinvestments.
Since ruling Elites are by definition constantly picking winners and losers, any Status Quo operated by Elites is systematically malinvesting on a gargantuan scale. This is the ontological imperative of any Elite: skim as much of the national surplus as possible and funnel it to cronies and loyal toadies. The prudent Elites (and imprudent Elites don't last long--the spoils system is quite Darwinian) set aside enough surplus to distribute as spoils, effectively buying the complicity of key sectors, classes, factions, etc.
via The Victory Report with Michael Victory Jim Willie of the editor of the Hat Trick Letter was on for an
extensive interview. He says that Syria and the Ukraine are really all
about the pipeline wars. Gazprom is pushing aside OPEC’s monopoly and
the West’s effort to stop it. He believes that Venezuela is what the US
will look like in the future, criminality, inefficiency and corruption. Part One
On the financial front, the seismic waves of destruction for the US
Dollar are coming more fast and furiously. From Cyprus, to German
repatriation, to LIBORgate, etc. How much longer can’t be accurately
forecast, but things are certainly heating up. Part Two from fsngoldandsilver:
China’s financial system is on edge, but their gold reserves (15,000
tons) will enable them to crater their paper system, along with the
dollar, thereby putting them in charge of the resulting gold-based
economic system. If it sounds scary, that’s because it is. Jim sees shortages and
civil unrest in the US, when it all comes to pass. Buckle your seat belt
and get prepared now!
[Update: I am pushing this live a few days early, because the Ukrainian situation is evolving so rapidly. One political corpse (Yanukovych) is out; apparently he has fled to Russia. Another political corpse (Tymoshenko) has been hastily rehabilitated and is ready to be put on the ballot for elections in May. Question is, Will there still be a country for her to (pretend to) run?
Financial reserves are down to a few days, federal structures are being dismantled throughout the country, regional governors are fleeing, and a default on some €60 of Ukrainian bonds, many held by Russian banks, seems likely. Could this be just the kind of financial contagion needed to finally pop the ridiculous US equities bubble? At least two Ukrainian provinces are openly talking secession; one (Crimea) wants to immediately join Russian Federation. A question for US State Dept. flunkies and EU functionaries: What does that do to your geopolitical calculus? At risk are five nuclear power plants and a lot of Russian gas that transits Ukraine on its way west. Ukraine is shaping up to be a lot like Yugoslavia, except with more than twice as many people, lots of crazed street fighters who think they now own the place, and a role critical to European energy security. If you aren't in shock about this, then you haven't been paying attention.]
I’ve been receiving a lot of emails asking me what I thought was happening in Ukraine. It took me a while to formulate an opinion, but what I now think is happening is this: a complete and utter failure of politics on every level.
Everyone has failed: the EU representatives, the US State Department with its Victoria “Fuck the EU” Nuland, the Yanukovych government, its political opponents, and the Kremin. And now they are all in shock and nobody knows what to do. Except for the protesters, who do know what to do: continue to protest. Most of them don’t even know what it is they are protesting, but, in essence, they are protesting the very existence of their country, which is made up of two parts: Eastern Poland, which is Ukrainian-speaking and predominantly Catholic, and Western Russia, which is Russian-speaking and predominantly Orthodox. The “Russians” outnumber the “Ukrainians” two to one. The ultimate resolution to the crisis lies in partitioning the country. Nobody has the stomach to even talk about it—yet. But until that happens we will continue being subjected to this strange spectacle, where every single actor in Ukraine does everything possible to undermine the country’s political system. Deep down, the Ukrainians don’t want there to be a different government in Kiev—they don’t want there to be a government in Kiev at all.
via The Victory Report with Michael Victory Greg Mannarino says the next crash will be no accident, and it’s
coming soon. Mannarino contends, “The Federal Reserve is a serial and
deliberate bubble blower. They have hyper-inflated the stock market.
Why? Because they are going to allow this thing to blow off . . . .
This is a wealth transfer. from usawatchdog:
We’ve had the pump, and now we are going to get the dump. The dump
is the wealth transfer. . . . I want people to understand, if you are
long this market, you are very vulnerable right now. If you have a
401-K plan, you are very vulnerable. Remember what happened in 2008 to
your 401-K plan? It’s going to be worse this time.” Join Greg Hunter of
USAWatchdog.com as he goes One-on-One with Greg Mannarino.