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Troika Bandits Want More from Greece

July 30th, 2015

by Stephen Lendman

The devil in Brussels, Frankfurt and Washington wants its due. Everything gotten so far from Greek self-mutilation isn’t enough.

Loan sharks of last resort operate this way - by their own rules with no deviations. Who knows how many more pounds of flesh they’ll demand - all they can get until Greece is entirely pillaged and economically destroyed, its people left in greater duress than already, on their own.

On Monday, talks began in Athens to clear remaining hurdles before Troika officials release any bailout funds. They demand more.

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Saudis Keep Bombing Yemen After Declaring 5-Day Halt

July 30th, 2015

by Stephen Lendman

Four months of US-orchestrated, Saudi-led terror bombing along with imported takfiri terrorists and other pro-Western elements waging ground war left thousands of Yemenis dead (mostly civilians deliberately targeted), many more thousands wounded, and an unprecedented humanitarian disaster, according to ICRC officials.

Last week, Riyadh announced a five-day humanitarian ceasefire beginning Sunday night local time - while it continues blocking most aid from entering the country. Its goal along with Washington’s is starving Yemenis into submission. So-called humanitarian pauses are farcical when announced - thinly veiled PR stunts fooling no one. Nothing on the ground changes. Saudi-led aggression continues.

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Ukraine’s Foreign Minister Implies EU Membership Might Be Impossible

July 30th, 2015

Eric Zuesse

Ukraine’s Euro-Integration website headlined on July 25th, “Klimkin: ‘If Ukraine Won’t Be an EU Member Within 5 Years, We Won’t Ever’,” and reported that, "Foreign Minister Pavlo Klimkin claims that if Kiev is required to wait 5 years before applying for membership in the EU, Ukraine’s joining will be postponed indefinitely.” He says, “If we are forced to wait till 2020 to apply, it won’t work even if we are forced to wait another 25 years.”

Klimkin is quoted as saying that the longer Ukraine waits for membership, the less likely Ukraine’s ultimate membership will be, because “The EU won’t be the same 20 years from now; it will have undergone major changes.” He seems to be suggesting that the EU is a moving target, and that it’s getting farther from Ukraine, not nearer, with each year that passes.

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$1.5 Quadrillion Time Bomb

July 29th, 2015

by Stephen Lendman

When investing becomes gambling, bad endings follow. The next credit crunch could make 2008-09 look mild by comparison. Bank of International Settlements(BIS) data show around $700 trillion in global derivatives.

Along with credit default swaps and other exotic instruments, the total notional derivatives value is about $1.5 quadrillion - about 20% more than in 2008, beyond what anyone can conceive, let alone control if unexpected turmoil strikes. The late Bob Chapman predicted it. So does Paul Craig Roberts. It could “destroy Western civilization,” he believes. Financial deregulation turned Wall Street into a casino with no rules except unrestrained making money. Catastrophic failure awaits. It’s just a matter of time.

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Hamas: No free information on missing Israelis

July 29th, 2015


By Khalid Amayreh in Occupied Palestine

Israel has finally officially
acknowledged that two Israelis were being held in the Gaza Strip, presumably in Hamas's custody.

Israel had hoped that Hamas would disclose information on the matter, which would help Israel repatriate the two men in return for a non-costly price or at no price at all.

But Hamas has acted smartly by remaining tight-lipped on the matter for the past 12 months.

Hamas should continue this wise policy as giving free information of any kind to Israel would be self-defeating and immensely harmful for the Palestinian cause, especially the cause of thousands of Palestinian political prisoners and resistance detainees languishing in Israeli jails and detention camps.

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Greece and the European Union: First as Tragedy, Second as Farce, Thirdly as Vassal State

July 28th, 2015

James Petras

Introduction

The Greek people’s efforts to end the economic depression, recover their sovereignty and reverse the regressive socio-economic policies, which have drastically reduced living standards, have been thrice denied.

First, the denial came as tragedy: When the Greek majority elected Syriza to government and their debts increased, the economy plunged further into depression and unemployment and poverty soared. The Greek people voted for Syriza believing its promises of ‘a new course’. Immediately following their victory, Syriza reneged on their promise to restore sovereignty – and end the subjugation of the Greek people to the economic dictates of overseas bankers, bureaucrats and political oligarchs. Instead Syriza kept Greece in the oligarchical imperialist bloc, portraying the European Union as an association of independent sovereign countries. What began as a great victory of the Greek people turned into a tragic strategic retreat. From their first day in office, Syriza led the Greek people down the blind alley of total submission to the German empire.

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Israel Attacks Islam’s Third Holiest Site

July 28th, 2015

by Stephen Lendman

Nothing is too outrageous for rogue states run by racist criminals. Cold-blooded murder, vicious assaults, mass arrests and imprisonments for political reasons, torture and other forms of abuse are institutionalized practices.

Israel gives Judaism a bad name. More proof came Sunday morning. Soldiers stormed the Al-Aqsa Mosque, firing tear gas and rubber-coated steel bullets at nonviolent worshipers to clear way for extremist Jews to access Islam’s third holiest site where they don’t belong. Israel has no shortage of synagogues for worshipers to pray any day of the year for any reason. Forcibly entering a Muslim holy place with plenty of supportive military muscle constitutes a criminal act.

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Pope Francis, Alison Weir and the Sanhedrin

July 28th, 2015

By Gilad Atzmon

Alison Weir has recently joined the long list of Goyim who have been charged by the Palestinian Solidarity Movement's Sanhedrin Court. Alison, however, should cheer up, Pope Francis has also been charged in a Sanhedrin court in a different jurisdiction. This time it is the Jerusalem Sanhedrin, pretty much the same Jewish Judicial entity that charged Jesus before he was brought up in front of Roman Governor Pontius Pilate.

An Israeli media outlet reported last week that The Jerusalem Sanhedrin –a Jewish religious ‘High Court composed of 71 sages’, has declared that it is putting Pope Francis on trial unless he retracts his statement that the Jews have no right to the land of Israel or to Jerusalem.

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Perhaps This Is Obama’s Grand Strategy

July 28th, 2015

Eric Zuesse

Washingtonsblog’s anonymous founder and principal commentator is one of the most deeply knowledgeable writers on current events, and on July 19th he headlined "Governments Worldwide Will Crash the First Week of October … According to 2 Financial Forecasters.” He noted that both Martin Armstrong and Larry Edelson, two of the most respected stock-market predictors, are independently of each other predicting that "virtually all governments worldwide will be hit with a gigantic economic crisis in the first week of October 2015,” due to “a collapse of government solvency” as ricocheting government defaults spiral each other downward; and, because the U.S. won’t be forced to crash as quickly as Europe and Japan, there will then be a temporary worldwide rush into U.S. corporate stocks and bonds, especially stocks, as the short-term safe haven for investors fleeing from sovereign (government) bonds.

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Assad Vows to Defend Syria’s Homeland

July 28th, 2015

by Stephen Lendman

Syria is one of many direct and proxy wars Obama continues waging - breaching his campaign pledge to restore peace.

His agenda is polar opposite - raping, pillaging and destroying one country after another, new targets always in mind, perhaps directly confronting Russia and/or China before leaving office.

Bodies piling up worldwide attest to his barbarity - a rogue leader risking global conflict, even nuclear confrontation, influenced by neocons infesting his administration and Congress - deploring peace, wanting endless wars. On Sunday, Assad addressed officials and members of public organizations, vocational syndicates, as well as industrial, trade, agriculture and tourism groups.

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