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Obama's New Year Resolution: More Middle East War
by Stephen Lendman
Syria and Iran are targeted. Regime change is planned. At issue is replacing them with client ones, controlling the region's strategic resources, and depriving key rivals China and Russia from access.
Pressure keeps building relentlessly. For months, Syria's been ravaged by externally generated violence. Its economy's also suffered enormously. According to a Damascus University assessment:
"The general financial situation of the country is suffering from the inability of the state budget because of the inability of the general revenue to cover expenses."
Moreover, conditions ahead look worse because tax revenues are half what's needed. Economic sanctions also impede oil revenues. As a result, the estimated 2012 budget deficit will be about 529 billion Syrian pounds ($9 billion dollars) out of a total $1,316 billion budget. A 40% revenue shortfall amounts to 18% of GDP.
Combined with accumulated deficits, financial strain is hugely disruptive. Syria's been cut off from credit markets. Traditionally, Central Bank loans funded deficits. However, sufficient reserves are lacking. Prices keep rising. Purchasing power further erodes. In the past six years, it's fallen 40 - 50%.
The 1% Seem to be Following Hitler’s Playbook and Most of the Rest of us Haven’t Noticed
Excerpts, by Gary G. Kohls, MD,
from Milton Mayer’s, They Thought They Were Free: The Germans, 1933-45
It may well be that the greatest tragedy of this period of social change is not the glaring noisiness of the so-called bad people, but the silence of the so-called good people. --Martin Luther King. Jr.
"What no one seemed to notice," said a colleague of mine, "was the ever widening gap, after 1933, between the government and the people.
"What happened here was the gradual habituation of the people, little by little, to being governed by surprise; to receiving decisions deliberated in secret; to believing that the situation was so complicated that the government had to act on information which the people could not understand, or so dangerous that, even if the people could understand it, it could not be released because of national security.
Responsible New York Banking
by Stephen Lendman
Founded in 1882, the Bank of Cattaraugus (B of C) exception proves the rule. Located in Western New York, it's miles from Wall Street's cesspool of fraud, market manipulation, grand theft, bailouts, and influence peddling in league with corrupt politicians getting generous campaign contribution bribes in return.
B of C calls itself "one of the oldest and strongest banks in New York state. (It's) a full-service, independent bank that provides financial services with a hometown touch. Personal, friendly service is our signature trademark, and we're dedicated to give back to the communities we service."
Netanyahu Rejects Peace
by Stephen Lendman
Sham Israeli peace negotiations were stillborn from inception. Writer Henry Siegman once called them "the most spectacular deception in modern diplomatic history."
Netanyahu once said they're "a waste of time." Previous Israeli officials called occupation and status quo conditions "permanent."
Debunking conspiracy theorists' paranoid fantasies about Net Neutrality
By Katherine Smith PhD
When Verizon announced in December that its newest smartphone — the Samsung Galaxy Nexus — will not carry the Google Wallet app, it spawned a number of these ludicrous “net neutrality” fairy tales. And as always, there is - sadly - a small but gullible percentage of the population eager to lap up these tall tales, regardless of facts or rational analysis.
One of the wilder stories circulating about Google’s business deals, and the one that has attracted something of a cult following amongst the Public Knowledge and Free Press Advocacy conspiracy groups is that Verizon, their longtime foe in the Capitol Hill net neutrality policy battle is “blocking” Google Wallet customers from downloading the application, and therefore exhibiting “anti-competitive, anti-consumer” behavior.
Conspiracy theorists were never a group of people to be bothered by facts. These crackpots even contend that Verizon is practicing carrier limitation and that the agreement had nothing to do with an existing business deal.
“When Google’s own business deals with Sprint precluded it from being featured in the new Verizon smartphone and even more interesting that these kooks seem to have missed is that Google requested that Verizon not make the wallet function available with its upcoming round of Samsung Android phones because Google is locked into an existing exclusive business deal with Sprint, therefore any dummy would understand that Google Wallet would only be available through Sprint.” “Net Neutrality” on The Daily Caller
Michael J. Morris thinks that the Net Neutrality proponents are delusional [I agree] because there really isn’t a Net Neutrality problem. He points out:
“If Verizon starts slowing content from Google, you can bet AT&T will be beating down Google's door to sell them bandwidth. At the consumer end, there is DSL, cable modem, wireless, and others. Only collusion of major ISPs (illegal, see Sherman Act) could have a global Internet effect.”
In other words it’s the Marketplace, stupid.
"Net Neutrality Proponents Must Rely on Hypotheticals. Yeah, it sounds bad....scary. Too bad it hasn't happened yet. Five years later with the explosion of Google, Youtube, Facebook, and the millions of other websites and videos, and still no "slowing" on the Internet by ISPs. Amazing! No problem ever existed and the free market mentality of the Internet has kept it that way.”
No problem ever existed and the free market mentality of the Internet has kept it that way.
Michael Morris should have written: No problem ever existed because the Internet market mentality of FREE, has kept it that way.
Wordpress, Firefox and Google supports the “law of free supply and demand:” When the supply is free, it creates nearly ubiquitous demand. [1]
Are you confused? Don’t worry so is everyone else because the Internet and cell Phones, which are FREE, economically make no cents.
Why are surfing, texting, talking and emailing virtually free? Where are the Pigs at the trough, and why isn’t Wall Street shafting Main Street?
We are conditioned to believe everything is about money, power, greed and corruption. Therefore we are not aware of the great lengths to which the six companies that control 96% of the media go to sell a Corporatocracy (a non-conspiracy term) driven agenda.
An agenda, to make sure we never suspect electromagnetic pollution is the goal and not the unintended consequence of the World Wide Web and Cellphonemania. [2]
The 1%ers spent $1 trillion because they are determined (supported below) to collapse the Earth's magnetic field with a magnetic dipole field reversal.
The net and your smartphone, powerful enough to send a man to the moon, are electromagnetic nightmares for the Earth. [3]
Below is the image of the Earth's magnetic field with a healthy dipole:
Healthy
Russian v. US Elections
by Stephen Lendman
Russia's December 4 elections filled 450 State Duma seats, Russia's Federal Assembly lower house.
Claims of electoral fraud followed. All elections have irregularities. At issue is whether results are comprised. Election monitor Golos accusations were spurious. America's National Endowment for Democracy (NED) funds it. It supports regime change in non-US client states.
It backs opposition groups, conducts propaganda campaigns, and does openly what CIA operatives do covertly to destabilize sitting governments.
Its mission is subverting, not promoting democracy. It operates with State Department funding and direction. It serves US imperial interests destructively against targeted countries.
Grim 2012 Economic Outlook
by Stephen Lendman
Yearend isn't just about holiday season binge shopping, parties, and over-indulgence. It's also when economic predictions surface.
The Wall Street Journal publishes consensus views. On December 23, it headlined, "Risks Cloud Outlook for Economy in 2012," saying:
"The economy is poised for another year of muddling through. Most private economists forecast a modest 2% growth rate for the US....with a pace subdued by housing woes, a lackluster job market, and cuts by government."
An idiot’s overview of why Western capitalism is crashing
Alan Hart
The idiot of the headline is me in the sense that I am not an economist and have never had any formal association with study of the theory and practise of economics, but... I began to understand why what is today called Western capitalism was bound to crash way back in the early 1970’s when I was researching and producing an epic documentary on the everyday reality of global poverty and its implications for all.
When I reflected on what I had witnessed and learned while researching in 120 countries (as well as at the World Bank and many UN agencies) and filming in 69 of them, I let commonsense be my guide. It led me to the conclusion that capitalism was not of itself the problem. It was the short-sighted and stupid way Western capitalism was managed.
Now I’ll put some flesh on that bone.
Spoiling for a Fight with Syria and Iran
by Stephen Lendman
Syria remains the region's only independent secular state. Washington aims to replace its regime with a client one.
Libya's model was replicated. Months of externally generated violence followed. So far it's short of war. For how long is uncertain. Obama can't wait to wage another one to keep ravaging the world one country at a time.
Israel's Repressive Permit System
by Stephen Lendman
Under South African apartheid, pass laws segregated blacks from whites, restricted their movements, required pass books be carried at all times, and be produced on demand or face arrest and prosecution.
Evolving from the 18th and 19th century until their 1986 repeal, they restricted entry to cities, forcibly relocated blacks, denied them most public amenities, many forms of employment, and became apartheid's most hated symbol.
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