Secret Pentagon Report Reveals US “Created” ISIS As A “Tool” To Overthrow Syria’s President Assad

Courtesy of The Hedge:

From the first sudden, and quite dramatic, appearance of the fanatical Islamic group known as ISIS which was largely unheard of until a year ago, on the world’s stage and which promptly replaced the worn out and tired al Qaeda as the world’s terrorist bogeyman, we suggested that the “straight to beheading YouTube clip” purpose behind the Saudi Arabia-funded Islamic State was a simple one: use the Jihadists as the vehicle of choice to achieve a political goal: depose of Syria’s president Assad, who for years has stood in the way of a critical Qatari natural gas pipeline, one which could dethrone Russia as Europe’s dominant – and belligerent – source of energy, reaching an interim climax with the unsuccessful Mediterranean Sea military build up of 2013, which nearly resulted in quasi-world war.

The narrative and the plotline were so transparent, even Russia saw right through them. Recall from September of last year:

If the West bombs Islamic State militants in Syria without consulting Damascus, LiveLeak reports that the anti-ISIS alliance may use the occasion to launch airstrikes against President Bashar Assad’s forces, according to Russian Foreign Minister Sergey Lavrov. Clearly comprehending that Obama’s new strategy against ISIS in Syria is all about pushing the Qatar pipeline through (as was the impetus behind the 2013 intervention push), Russia is pushing back noting that the it is using ISIS as a pretext for bombing Syrian government forces and warning that “such a development would lead to a huge escalation of conflict in the Middle East and North Africa.”
But it’s one thing to speculate; it’s something entirely different to have hard proof.

And while speculation was rife that just like the CIA-funded al Qaeda had been used as a facade by the US to achieve its own geopolitical and national interests over the past two decades, so ISIS was nothing more than al Qaeda 2.0, there was no actual evidence of just this.

That may all have changed now when a declassified secret US government document obtained by the public interest law firm, Judicial Watch, shows that Western governments deliberately allied with al-Qaeda and other Islamist extremist groups to topple Syrian dictator Bashir al-Assad.

According to investigative reporter Nafeez Ahmed in Medium, the “leaked document reveals that in coordination with the Gulf states and Turkey, the West intentionally sponsored violent Islamist groups to destabilize Assad, despite anticipating that doing so could lead to the emergence of an ‘Islamic State’ in Iraq and Syria (ISIS).

According to the newly declassified US document, the Pentagon foresaw the likely rise of the ‘Islamic State’ as a direct consequence of the strategy, but described this outcome as a strategic opportunity to “isolate the Syrian regime.”

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This Is How The IMF Just Lost Its Last Shred Of Credibility

The IMF had no credibility in the first place but feels it needs to go full blown idiocracy, it’s now all about the electrolytes. What the IMF is essentially saying, whether stupidly, disingenuously or both, is that it is better to be a perpetual debt slave than a free man with money in their pocket and control over their own destiny.

It would be too much to ask for the IMF to offer an alternative to a debt based monetary system, ironically and factually more debt is required for this Ponzi scheme to keep growing, otherwise it will collapse anyway. What the IMF will not admit is that the debts were created out of thin air so should be cancelled under a debt moratorium/jubilee, historical reference given to ‘The Shemitah’ where debts were cancelled every 7 years.

This regretfully will not happen as debt represents control (don’t want to give the slaves any ideas of what freedom actually is) and psychopaths like to control. Courtesy of Zerohedge:

On Tuesday we brought you what will likely be the first of many calls for so-called “Helicopter money”, whose advocates suppose that the reason printing trillions in fiat currency has not yet brought about the desired effects in terms of stoking aggregate demand and promoting robust economic growth is that central banks have yet to go the nuclear route by simply mailing out free money to everyone.

Here’s an excerpt from the Bloomberg View piece:

“Money isn’t a liability in the ordinary sense. Nothing is owed and nothing ever has to be paid back.”

As ridiculous as that sounds, it’s not exactly surprising in a debt-addicted world run by Keynesian central planners and indeed, it echoes recent calls by US lawmakers for the absolution of some $1.3 trillion in student debt.

Now, it appears the insanity has spread to the highest possible levels with none other than the IMF’s deputy director of research suggesting that when governments are faced with too much debt, they should consider simply not worrying about it.

In a new research paper, the IMF’s research department says that as long as countries can fund themselves at a reasonable cost via capital markets, they should consider simply “living with high debt”:

While some countries face debt sustainability constraints that leave them little choice, others are in the more comfortable position of being able to fund themselves at reasonable—even exceptionally low—interest rates. For these countries, there is a very real question of whether to live with high debt while allowing the debt ratio to decline organically through growth, or to pay it down deliberately to reduce the burden of the debt…

Next, the Fund says that if there’s still room to borrow, paying down debt makes no sense:

If fiscal space remains ample, policies to deliberately pay down debt are normatively undesirable…

It only gets better when the suggestion is made that contrary to reality, paying down debt actually increases countries’ debt burden:

Distorting your economy to deliberately pay down the debt only adds to the burden of the debt, rather than reducing it. Continue reading

Fossil Fuels Subsidised by $10m a Minute, says IMF

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Courtesy of Damien Carrington @ The Guardian:

Fossil fuel companies are benefitting from global subsidies of $5.3tn (£3.4tn) a year, equivalent to $10m a minute every day, according to a startling new estimate by the International Monetary Fund.

The IMF calls the revelation “shocking” and says the figure is an “extremely robust” estimate of the true cost of fossil fuels. The $5.3tn subsidy estimated for 2015 is greater than the total health spending of all the world’s governments.

The vast sum is largely due to polluters not paying the costs imposed on governments by the burning of coal, oil and gas. These include the harm caused to local populations by air pollution as well as to people across the globe affected by the floods, droughts and storms being driven by climate change.

US taxpayers subsidising world’s biggest fossil fuel companies
Nicholas Stern, an eminent climate economist at the London School of Economics, said: “This very important analysis shatters the myth that fossil fuels are cheap by showing just how huge their real costs are. There is no justification for these enormous subsidies for fossil fuels, which distort markets and damages economies, particularly in poorer countries.”

Lord Stern said that even the IMF’s vast subsidy figure was a significant underestimate: “A more complete estimate of the costs due to climate change would show the implicit subsidies for fossil fuels are much bigger even than this report suggests.”

The IMF, one of the world’s most respected financial institutions, said that ending subsidies for fossil fuels would cut global carbon emissions by 20%. That would be a giant step towards taming global warming, an issue on which the world has made little progress to date. Continue reading

Solar has Become Dazzlingly Cheap for New Plants

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Courtesy of Robin Mills @ The National:

‘I believe solar will be even more economic than fossil fuels,” said the Saudi oil minister Ali Al Naimi at a climate change conference in Paris last week.

Recent bids in Jordan confirmed last year’s results from Dubai – solar is now cheaper than gas-fired power in this region, with major implications for energy strategies.

In Manaar Energy’s 2012 report, “Sunrise in the Desert”, published in collaboration with PwC and the Middle East Solar Industry Association, we were optimistic on the future of solar power in the region and saw it as competitive with power generation from oil or from more expensive gas. Costs have halved in just three years, meaning solar can now beat all conventional generation apart from the very cheapest gas.

Bids in Jordan’s recent solar auction were just over 6 US cents per kilowatt-hour, slightly above the record 5.84 cents from Acwa Power last November for the 200- megawatt second phase of Dubai’s Mohammed bin Rashid Al Maktoum solar park near Bab Al Shams. Egypt, struggling with a gas and power crisis, is up next with a reported 6,500MW of solar deals.

Solar prices should continue to fall because of improvements in manufacturing and installation, and steady gains in efficiency. There is also the possibility of breakthroughs, such as the recently announced possibility of perovskite crystals replacing silicon, which could be cheaper and capture a broader range of the sun’s light. Continue reading