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Plummeting Oil Prices
by Stephen Lendman
As this is written, West Texas Intermediate (WTI) crude down to below $56 a barrel. Brent at $61. From a high of $115 in January.
Heading for $40 or lower, some analysts believe. Shaking market stability. Reflecting global economic weakness.
Market manipulation. Saudi overproduction a big contributor. Protecting its market share. Targeting US shale oil production.
Hitting Russia hard. Per secret agreement between John Kerry and Saudi King Abdullah.
Obama's Phony Turning Point
by Stephen Lendman
A previous article called Obama a war criminal. Tyrant. Torturer. Racist. Corporate Tool. World-class thug. A serial liar and then some.
Ruthless by any standard. Governing extrajudicially. Presiding over a homeland police state apparatus. Hardening what Bush instituted.
Serving monied interests exclusively. At the expense of beneficial social change. Using America's resources for war-making. Corporate handouts.
Running the world's largest gulag. At home and abroad. Filled with thousands of political prisoners.
Spying on everyone. Torturing innocent victims. At home and abroad. Unreported. Out of sight and mind.
Former Ukrainian Parliamentarian Exposes Kiev Ruthlessness
by Stephen Lendman
US installed fascist putschists run Ukraine. Illegitimate. Brutal. Lawless. Ruthless. Obama's new friends.
A rogue's gallery of societal misfits. Neo-Nazi thugs. Racists. Anti-Semites. Making Mafia bosses look saintly by comparison.
For the first time since WW II, overt fascists have real power in Europe's heartland. Taking full advantage destructively.
Waging war on their own people. Murdering them in cold blood. Using a fake "silence" period to regroup. Rearm. Redeploy forces east. Mobilize against freedom. Crush it all costs.
News Flash! America Sucks
Timothy Gatto
Yesterday proved beyond a shadow of a doubt that there are no more "Good Guys" on this planet operating in government circles. Of course we have known that for a long time now, but still, the report identifying the torture abuses that went on under the auspices of the United States should have made us a "pariah" state.
The time to wake up and smell the coffee has arrived. It is now officially declared that those in power that are elected under a criminally corrupted system of so called elections are above the law. It doesn't matter that 61% of Americans don't even bother to vote for the corporate "cut-outs" that actually run in these farcical elections, it has been decreed that these people are above the law.
Major Anti-Russian False Flag Coming?
by Stephen Lendman
Longstanding US plans call for regime change in Russia. Targeting its sovereign independent government. Its main Eurasian rival.
Washington wants pro-Western stooge governance installed. By color revolution or war. US hegemonic ambitions threaten world peace.
Things are more dangerous today than any time since events preceding WW II. Russian economist/political analyst Mikhail Delyagin expects a major anti-Russian provocation.
Expressing his views on Pravda radio. Saying "things and information of a unique character…threaten us all very much."
Ukraine is a pretext. A US-led NATO platform. A dysfunctional, criminal Washington installed neo-Nazi regime.
U.S. Taxpayers Now Alone in Financing Ukraine’s Ethnic Cleansing Campaign IMF Says Ukraine Fails to Meet Conditions of the April 30th 2014 $17 Billion Loan
Eric Zuesse
The IMF has concluded that it was too optimistic when loaning Ukraine $17 billion at the end of April, and that the Ukrainian Government’s economic condition is far worse than the IMF expected, and also that the Government’s anti-corruption program is too weak to justify the planned loan-installments or “tranches” going to Ukraine. Therefore, “even providing the program of the next two tranches is open to question.”
However, this only confirms an earlier assessment, made public on October 28, about which Reuters headlined at the time, “Ukraine unlikely to receive IMF loan tranche this year: finance minister.” And this was already “after warning in September that if Ukraine's conflict with the separatists runs into next year, the country may need as much as $19 billion in extra aid.” Ukraine has made clear that it will continue the war, and so the additional $19 billion will also need to be paid to Ukraine in order for its war against the “separatists” to continue.
Knee-Jerk Reaction to Sydney Hostage Siege
By Stephen Lendman
Western media reported what happened as expected. Muslims are their targets of choice.
Saying an Islamic gunman took hostages in a Sydney cafe. A black and white flag with Arabic writing like those used by Islamic State (IS) terrorists reportedly visible.
Raising fears of radicalized Islamic militants running wild. Home-grown or of Middle East origin.
Planning other attacks. Australia on high alert. Mindless of a flag unrelated to IS. Or its message saying:
"There is no God but Allah, and Mohamed is his messenger." Hardly a call to violence. Urging widespread terror attacks.
PLO Security Council Statehood Bid
by Stephen Lendman
On Sunday, chief PLO negotiator/long time Israeli collaborator Saeb Erekat said resolution text language will be submitted Monday to Security Council members.
To end Israeli occupation within two years. Recognize Palestinian statehood. Within 1967 borders. With East Jerusalem its exclusive capital.
He'll meet with John Kerry and Egyptian diplomat/Arab League secretary-general Nabil Elaraby.
Early this week. Reportedly Tuesday in London. Erekat saying: "We want a clear and specific resolution for a Palestinian state on the 1967 borders with Jerusalem as its capital, resolving all the final status issues, releasing all detainees and refugees and labeling settlement activity illegal and should be stopped immediately, including in Jerusalem."
Market Euphoria: The Mother of All Ponzi Schemes
by Stephen Lendman
The bubble of all bubbles. A house of cards waiting to collapse, says Paul Craig Roberts.
A great unraveling looms. America's economy based on market manipulation. Rigging things one way.
Smoke and mirrors deception. Money printing madness. Privatizing profits. Socializing losses. Upside down reality.
Shifting wealth in unprecedented amounts. More than what's comprehensible. To monied interests. From ordinary folks.
Stealing them blind. Creating ruler/serf societies. Notably in America. Enforced with police state harshness.
Why things haven't collapsed so far postmortems alone may best explain. It's coming. When what can't go on forever no longer will.
US Spending Bill Bonanza for Wall Street
by Stephen Lendman
Kleptocracy defines America. Corrupt politicians and corporate crooks conspire. Against ordinary people. Covertly and overtly.
Violating the letter and spirit of good governance. Looting the nation's wealth. Handing it to monied interests. Wall Street tops the pecking order.
Whatever bankers want they get. In unlimited amounts. Running Fed policy assures limitless cash on demand.
Controlling Washington, state capitals and municipal governments assures everything else.
On Thursday, House members passed a $1.1 trillion+ spending bill. On Saturday, senators followed suit.
Expect Obama to sign it into law straightaway. With little fanfare. Perhaps already. Monied interests own him
Enactment rolls back Dodd-Frank's Section 716: Prohibition Against Federal Government Bailouts of Swaps Entities.
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