War has and always will be a racket….
George Bush’s grandfather, the late US senator Prescott Bush, was a director and shareholder of companies that profited from their involvement with the financial backers of Nazi Germany.
The Guardian has obtained confirmation from newly discovered files in the US National Archives that a firm of which Prescott Bush was a director was involved with the financial architects of Nazism.
His business dealings, which continued until his company’s assets were seized in 1942 under the Trading with the Enemy Act, has led more than 60 years later to a civil action for damages being brought in Germany against the Bush family by two former slave labourers at Auschwitz and to a hum of pre-election controversy.
The evidence has also prompted one former US Nazi war crimes prosecutor to argue that the late senator’s action should have been grounds for prosecution for giving aid and comfort to the enemy.
The debate over Prescott Bush’s behaviour has been bubbling under the surface for some time. There has been a steady internet chatter about the “Bush/Nazi” connection, much of it inaccurate and unfair. But the new documents, many of which were only declassified last year, show that even after America had entered the war and when there was already significant information about the Nazis’ plans and policies, he worked for and profited from companies closely involved with the very German businesses that financed Hitler’s rise to power. It has also been suggested that the money he made from these dealings helped to establish the Bush family fortune and set up its political dynasty. Continue reading
Lyndon Johnson’s repeated accusation that the Gulf of Tonkin attacks were unprovoked was the beginning of a disillusion that would lead Daniel Ellsberg to leak the Pentagon Papers. Photograph: Yoichi R Okamoto/AP
Courtesy of DD Guttenplan @ The Guardian:
Once there was a president who warned the world about conduct his government would not tolerate. And when this “red line” was crossed, or seemed to be, he took the US to war. Though this might sound like America’s involvement in Iraq, or Afghanistan, or Belgrade, or Libya, and what may yet become a wider war in Syria, this story began 50 years ago, on 4 August 1964.
That was when Lyndon Johnson interrupted TV broadcasts shortly before midnight to announce that two US ships in the Gulf of Tonkin had come under fire in international waters, and that in response to what the president described as this “unprovoked” attack, “air action is now in execution” against “facilities in North Vietnam which have been used in these hostile operations”.
The Americans launched 64 bombing sorties, destroying an oil depot, a coal mine and a significant portion of the North Vietnamese navy. Three days later, both houses of Congress passed a joint resolution authorising “the president, as commander-in-chief, to take all necessary measures to repel any armed attack against the forces of the US and to prevent further aggression”. Within three years the US would have 500,000 soldiers in Vietnam. Even today, the Gulf of Tonkin resolution remains the template for presidential war-making.
That 4 August, Daniel Ellsberg was starting work at the Pentagon. A young mathematician who had served as a captain in the marines, then gone on to graduate study at Harvard and a job as a civilian analyst for the Rand Corporation, where he had helped shape America’s response to the Cuban missile crisis, Ellsberg was among the first to receive the classified “flash” signal from the USS Turner Joy, the destroyer that claimed to be under attack. Continue reading
Courtesy of Nafeez Ahmed @ Counterpunch:
Part 1 – OUR TERRORISTS
“This is an organisation that has an apocalyptic, end-of-days strategic vision which will eventually have to be defeated,” Gen Martin Dempsey, chairman of the US Joint Chiefs of Staff, told a Pentagon press conference in August.
Military action is necessary to halt the spread of the ISIS “cancer,” said President Obama. Yesterday he called for expanded airstrikes across Iraq and Syria, and new measures to arm and train Iraqi and Kurdish ground forces.
“The only way to defeat [IS] is to stand firm and to send a very straightforward message,” declared Prime Minister Cameron. “A country like ours will not be cowed by these barbaric killers.”
Missing from the chorus of outrage, however, has been any acknowledgement of the integral role of covert US and British regional military intelligence strategy in empowering and even directly sponsoring the very same virulent Islamist militants in Iraq, Syria and beyond, that went on to break away from al-Qaeda and form ‘ISIS’, the Islamic State of Iraq and Syria, or now simply, the Islamic State (IS).
Since 2003, Anglo-American power has secretly and openly coordinated direct and indirect support for Islamist terrorist groups linked to al-Qaeda across the Middle East and North Africa. This ill-conceived patchwork geostrategy is a legacy of the persistent influence of neoconservative ideology, motivated by longstanding but often contradictory ambitions to dominate regional oil resources, defend an expansionist Israel, and in pursuit of these, re-draw the map of the Middle East.
Now despite Pentagon denials that there will be boots on the ground – and Obama’s insistence that this would not be another “Iraq war” – local Kurdish military and intelligence sources confirm that US and German special operations forces are already “on the ground here. They are helping to support us in the attack.” US airstrikes on ISIS positions and arms supplies to the Kurds have also been accompanied by British RAF reconnaissance flights over the region and UK weapons shipments to Kurdish peshmerga forces.
Divide and Rule in Iraq
“It’s not that we don’t want the Salafis to throw bombs,” said one US government defense consultant in 2007. “It’s who they throw them at – Hezbollah, Moqtada al-Sadr, Iran, and at the Syrians, if they continue to work with Hezbollah and Iran.” Continue reading
Courtesy of Prof. Antal E Fekete @ 24hgold.com:
Summary for the busy executive
Here we offer a new theory explaining the causes of Kondratiev’s long-wave economic cycle in terms of gold and the hoarding of commodities. Our description of the cycle itself is also novel and very different from the conventional. We shall be talking about a huge oscillating money-flow to-and-fro between the bond market and the commodity market. When the money-tide begins to flow at the commodity market and ebb at the bond market, we have the inflationary phase of rising prices and interest rates. When the tide is reversed and it begins to flow at the bond and ebb at the commodity market, we have the deflationary phase of falling prices and interest rates. In one word, Kondratiev’s long-wave cycle is the manifestation of the fluctuation in the propensity to hoard. The key question is this: what causes this fluctuation? Is it a natural phenomenon outside of man’s control or, perhaps, it is induced by wrong-headed government policy?
Economists recognize four major cycles, or regular fluctuations, in the economy as follows:
(1) Kitchin’s short-wave cycle of average duration 3-5 years, discovered in
(2) Juglar’s cycle of average duration 7-11 years, discovered in 1862;
(3) Kuznets’ medium-wave cycle of average duration 15-25 years,
discovered in 1923;
(4) Kondratiev’s long-wave cycle of average duration 45-60 years,
discovered in 1922.
J. Schumpeter, who was born in Austria and came to the United States where he also served as President of the American Economic Society in the 1950’s, was an outstanding student of economic cycles. He believed that the various cycles are inter-dependent, in contrast with the view of others such as Forrester, who believed that the cycles act independently of one another. Schumpeter baptized three of the four cycles by naming them after their discoverers. The exception was Kuznets’ cycle which he did not recognize.
At any rate, Kuznets got a “consolation prize” for being passed over by Schumpeter, namely the Nobel Prize for economics. Moreover, he is the only Nobel-laureate among the four name-giving economists. Kuznets noticed that residential and industrial buildings have an average useful life of 21-23 years. His medium-wave cycle is about fluctuations caused by the amortization-cycle and the problem of replacing ageing buildings. It is interesting to note that all the students of cycles among the four whose name begins with a K were Russian. Continue reading
America is faltering and they need a war, they almost had it in Syria but now they have 2 proxy’s to instigate…Saudi Arabia and Israel. They need that war and Iran is set firmly in their sights. With the Israeli propaganda machine beating the hypocritical drum that Iran want a nuclear weapon, even though they are the only ones with them in the ME. Iran has not attacked any country for 300 years, since its inception in 1946, how many wars and international laws have Israel broken? Courtesy of The Hedge:
When last week’s Iran nuclear talks were blocked by France, it provided a useful glimpse into just who it was that would benefit politically from a continuation of the regional confrontation. But while the French sabotage was an amusing distraction, it revealed a curious shift in middle-east alliances, namely old “enemies” Israel and Saudi Arabia, both feeling shunned by Big Brother, suddenly becoming the best of buddies. It was only a matter of time before this novel alliance moved beyond just paper and tested how far it could go in real life. Said test may come far sooner than expected: according to the Sunday Times, Israel’s Mossad and Saudi Arabia are planning an attack against Iran if negotiations and talks don’t come to an agreement, and that Saudia Arabia will permit Israel to use their air space for an attack on Iran including full technical support. Continue reading
The first revolution will not be televised, that is the revolution of the mind and of consciousness. Courtesy of The Burning Platform :
“Five percent of the people think;
ten percent of the people think they think;
and the other eighty-five percent would rather die than think.”
The kabuki theater that passes for governance in Washington D.C. reveals the profound level of ignorance shrouding this Empire of Debt in its prolonged death throes. Ignorance of facts; ignorance of math; ignorance of history; ignorance of reality; and ignorance of how ignorant we’ve become as a nation, have set us up for an epic fall. It’s almost as if we relish wallowing in our ignorance like a fat lazy sow in a mud hole. The lords of the manor are able to retain their power, control and huge ill-gotten riches because the government educated serfs are too ignorant to recognize the self-evident contradictions in the propaganda they are inundated with by state controlled media on a daily basis.
“Any formal attack on ignorance is bound to fail because the masses are always ready to defend their most precious possession – their ignorance.”