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US Spending Bill Bonanza for Wall Street

December 15th, 2014

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.

Full story »

NATO Delivering Arms to Ukraine

December 15th, 2014

by Stephen Lendman

Despite claiming otherwise. Big Lies substituting for hard truths. Longstanding US-controlled NATO policy. Ignored by media scoundrels reporting nothing.

Kiev wants Donbas democracy crushed. Hardline rule replacing it. Naked aggression waged to force-feed policy.

Illegitimate oligarch president Petro Poroshenko's so-called "day(s) of silence" are meaningless. Subterfuge. Quiet before the storm.

Poroshenko threatened "total war" on Russia. "(F)ull-scale war" on Donbas. "Better prepared than" earlier.

Full story »

Tags: nato, ukraine

Academic Groups For and Against BDS

December 15th, 2014

by Stephen Lendman

BDS is vital. Important. The single most effective initiative against Israeli ruthlessness. Gaining adherents. Including academic groups.

On December 10 (Human Rights Day), a Palestinian BDS National Committee called Israel "neither a democratic state based on the rule of law, nor a temporary occupying power as defined in international law…"

It's "a criminal regime of settler colonization and apartheid."

"We call on people of conscience worldwide to intensify BDS campaigns to isolate Israel’s regime of settler colonialism and apartheid in the academic, cultural, economic and military fields, in order to bring about Israel’s full compliance with its obligations under international law."

Full story »

Tags: bds

Former Mossad Head Blasts Netanyahu

December 15th, 2014

by Stephen Lendman

He's unfit to serve. An embarrassment to legitimate governance. Ideologically extreme. Over-the-top and then some.

Former Mossad head Efraim Halevy sharply criticized him and Economy Minister Naftali Bennett.

Saying peace won't come without treating Palestinians as equals. More on his comments below.

Earlier, former Shin Bet head, Yuval Diskin, called Netanyahu "weak," "wavering," "unreliable," "scared and fickle."

Obsessed over Iran. "Shirks responsibility." Represents "a crisis in leadership, a crisis of values and total contempt for the public."

Diskin doesn't trust him. Feels insecure with him in charge. He hasn't "an iota of leadership qualit(y)," he said. He has messianic ambitions. He's-over-the-top. Dangerous. Wanting his stamp put on history.

Full story »

Tags: netanyahu

Washington's Master Plan: World Conquest

December 14th, 2014

by Stephen Lendman

Hitler's master plan included removing all internal opposition. Genocide. Ethnic cleansing.

Exterminating or enslaving inferior people. Considered non-Ayrans subhumans (untermenschen).

Sought lebensraum (living space). Aryanizing Europe and beyond. Establishing New Order dominance over conquered lands.

Run by convenient stooges. Making Germany the preeminent world power. Master race rulers.

Washington's master plan is similar. Tyranny masquerading as democracy. Governing extrajudicially.

State terror as official policy. Naked aggression its main expression. Globalized war.

Full story »

Brazil: President Rousseff Declares War on the Working Class

December 13th, 2014

James Petras

Introductions

The Brazilian working class is facing the most savage assault on its living standards in over a decade. And it is not just the industrial workers who are under attack. The landless rural workers, public and private salaried employees, teachers and health professionals, the unemployed and the poor are facing massive cuts in income, jobs and welfare payments.

Whatever gains were made between 2003 – 2013 will be reversed. Brazilian workers face a ‘decade of infamy’. The Rousseff regime has embraced the politics of “savage capitalism” as personified in the appointment of two of the most extreme advocates of neo-liberal policies

Full story »

Congress Authorizes Unlimited Spying on US Citizens

December 13th, 2014

by Stephen Lendman

Merriam-Webster call police states "political unit(s) characterized by repressive governmental control of political, economic, and social life usually by an arbitrary exercise of power by police and especially secret police in place of regular operation of administrative and judicial organs of the government according to publicly known legal procedures."

Police state ruthlessness defines today's America. Affirmed by congressional legislation. Executive order diktats.

So called National Security and Homeland Security Presidential Directives.

NSPD-51 lets presidents claim national emergencies. Whether or not warranted. Declare martial law. Suspend constitutional protections. Without congressional authorization.

Full story »

Israel Replicates American Ruthlessness

December 13th, 2014

by Stephen Lendman

Partners in crime. Democracy is pure fantasy. Police state ruthlessness defines both countries. Tyranny reflects the law of the land.

Monied interests rule. Hardliners make policy. Moderates don't exist. Elections change nothing. Farcical when held. Special interests control things.

Campaign promises are empty. Ordinary people have no say whatever. Neoliberal harshness is official policy. So is state terror.

Racism is institutionalized. Media propaganda glorifies war in the name of peace. Managed news enlists public support. Aiding and abetting state crimes.

Mind manipulation convinces people to back what demands condemnation. Invasions and occupations are called humanitarian interventions.

Plunder called economic development. Imperial dominance called democracy.

Full story »

Chickens Coming Home to Roost

December 13th, 2014

by Stephen Lendman

Over six and a half decades are enough. What can't go on forever won't. Chickens eventually come home to roost. More on this below.

Israeli apartheid exceeds the worst of South Africa's. Reflcting longstanding police state ruthlessness.

Two intifadas expressed Palestinian outrage. Some observers believe a third began. Nonviolent solidarity days of rage show it. The latest December 12 incident suggests more violence to come.

A 45-year-old Palestinian identified as Ab al-Majid Ghayatha threw acid in a car of settlers.

Full story »

Bail-In and the Financial Stability Board: The Global Bankers’ Coup

December 13th, 2014

by Ellen Brown


(FSB), in the Bank for International Settlements in Basel, Switzerland

On December 11, 2014, the US House passed a bill repealing the Dodd-Frank requirement that risky derivatives be pushed into big-bank subsidiaries, leaving our deposits and pensions exposed to massive derivatives losses. The bill was vigorously challenged by Senator Elizabeth Warren; but the tide turned when Jamie Dimon, CEO of JPMorganChase, stepped into the ring. Perhaps what prompted his intervention was the unanticipated $40 drop in the price of oil. As financial blogger Michael Snyder points out, that drop could trigger a derivatives payout that could bankrupt the biggest banks. And if the G20’s new “bail-in” rules are formalized, depositors and pensioners could be on the hook.

The new bail-in rules were discussed in my last post here. They are edicts of the Financial Stability Board (FSB), an unelected body of central bankers and finance ministers headquartered in the Bank for International Settlements in Basel, Switzerland. Where did the FSB get these sweeping powers, and is its mandate legally enforceable?

Full story »

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Voices

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