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U.S. Secretary of Defense Carter and Chairman of the Joint Chiefs of Staff General Dempsey testify during a Senate Armed Services Committee hearing on Capitol Hill in Washington

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Secretary of War Ash Carter is concerned about America’s posture. No, it’s not about sitting with your back straight up and your knees placed primly together. It all has to do with how many enemies there are out there threatening the United States and what we have to do, globally speaking, to make them cry uncle. Ash outlined his views at a “posture hearing” before the Senate Armed Services Committee on March 17th, part of a process intended to give still more money to the Pentagon, $582.7 billion to be exact for fiscal year 2017.

I respect Ash at least a bit because he once studied Medieval History at Yale, though he apparently has forgotten about the Hundred Years War and the War of the Roses. Both devastated winners and losers alike, a salutary lesson for those who are concerned about what the United States has been up to for the past fifteen years. Yet Ash, who is characteristically no veteran and for whom war is an abstraction that must be supported by counting and piling up sufficient beans, thinks that more is always better when it comes to having fancy new toys to play with. Since his proposed budget will be giving the Navy a few tens of billions worth of Ohio class subs the Air Force will have to get its own strategic bombers so no one will feel cheated. Just wait until the bill from the Army comes in.

Ash justified all the needless spending by telling the Senators that there are five “security challenges” confronting the United States – terrorism, North Korea, China, Russia and Iran – before lapsing into Pentagon-speak about why more money is always better than less money. He attacked any attempt at sequestration, which would require budget cuts across the board, because it risks the “funding of critical investments.”

If you thought that investments were something financial services guys do you would be wrong. The War Department also knows all about it and also can generate “new posture in some regions” with all that extra cash. Why? To “protect the homeland,” of course, and to “have the ability to ensure that anyone who starts a conflict with us will regret doing so.”

Ash possibly could have benefited from having his historian hat on during his testimony as he might thereby recall that the last “anyone” to initiate a war with the U.S. was the Empire of Japan in 1941. Every other conflict since that time was started by the United States.

Carter also elaborated to the Senators on his enemies list. No one would dispute that North Korea poses a regional and possibly even greater threat if it does indeed possess the chemical, biological and nuclear weapons that it claims to have and the ability to deliver them, which can be challenged. Its unbalanced leader Kim Jong-un, who reminds one of Dick Cheney, appears capable of just about anything and steps taken in coordination with Japan, South Korea and China to minimize the threat are undeniably welcome. But even in a worst case scenario, Pyongyang does not threaten the United States.

Terrorism also is a transnational security issue but the actual threat that it represents for Europeans and Americans has been greatly exaggerated. It cannot do serious damage to the U.S. In fact, the United States would be less endangered by ISIS and al-Qaeda if its soldiers were not “over there” destabilizing existing governments and creating power vacuums that militants are able to exploit. The Middle East and South Asia would be better off today if the United States had never intervened in the first place but Ash seems to embrace a standardized official U.S. government vision of a menacing status quo that extends well beyond the near future (“over the horizon threats” being a favorite Pentagon phrase when you run out of things to say).

And then there are China and Russia, which, per Ash, are developing and continuing to “advance military systems that seek to threaten U.S. advantages in specific areas.” Which means that Washington must always be superior to everyone everywhere and in every way. It is a formula that previous empires more realistically did not aspire to and is a sure road to financial ruin for the American taxpayer.

Ash favors a “strong and balanced approach to deter Russian aggression” while also citing a China that is “behaving aggressively.” And there is always Iran, which is demonstrating “reckless and destabilizing behavior” manifesting as aggression, as well as “malign” influence and threatening Washington’s upholding its “ironclad commitments” to Israel.

That Russia, China and Iran are portrayed as serious threats to the United States because of what they are doing in Eastern Europe, the South China Sea and in the Persian Gulf region is ridiculous, but it unfortunately passes for foreign policy consensus in Washington both for neoconservatives and for democracy promoting interventionists like Carter. In reality Russia reacted to American interference in Ukraine, China is involved in regional disputes that have been playing out since the end of the Vietnam War and a non-nuclear Iran is surrounded by enemies. None of them threatens the U.S.

Unfortunately, Ash Carter is not alone in his blustering. Joint Chiefs of Staff Chairman Marine General Joseph Dunford, often described as an intellectual officer, supported his boss at the briefing, asserting that Congress must adequately fund “a bow wave of procurement requirements.” More ships, more planes, more high tech wizardry for the Army. All in spite of the fact that the U.S. military capabilities already exceed the resources of all potential adversaries combined.

NATO’s top military commander U.S. Air Force general Philip Breedlove also briefed Congress last month, telling the Senate committee that Russia is a long term threat to the United States. It is “eager to exert unquestioned influence over neighboring countries,” having used military force to violate the “sovereignty and territorial integrity of Ukraine, Georgia and others like Moldova.”

How exactly does that threaten the United States even if it were true, which is debatable? Breedlove, a pilot who has never experienced combat, explains “Russia seeks to re-establish a leading role on the world stage” but adds reassuringly that he is working hard with NATO allies, “deterring Russia now and preparing to fight and win if necessary.”

One can be excused if a slip of the tongue sometimes confuses Breedlove with Strangelove. With airheads like Breedlove in charge every American can no doubt sleep better tonight, but one has to wonder what motivates officers like him to go in search of enemies where no enemies exist. Russia is not capable either economically or militarily to revert to being the Soviet Union. There is absolutely no evidence that Moscow is seeking to invade any of its Eastern European neighbors and its belief that NATO is aimed at it and is a threat is all too real, as Breedlove reveals. And Russia’s intervention in Syria against ISIS was positive, most observers would agree. Everyone seems to understand all of that but Breedlove and, more importantly, the folks in Washington and NATO who want to keep the cash flowing. To accomplish that an enemy is needed and as enemies go the bigger the better.

Readers of this piece have no doubt noted that I have been referring to the Department of War rather than the post-World War 2 euphemism “Defense.” That is because what the United States actually does globally through its African, European, Pacific and Southern “Commands” has little to do with what anyone would plausibly define as defense. If we are waging war on much of the world ostensibly based on a whole bundle of poorly conceived interests but mostly just to prove that we can it is perhaps beyond time to be frank about what we call it.

 
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  1. Priss Factor [AKA "Dominique Francon Society"] says: • Website

    Department of SchWARz.

    • Replies: @Realist
  2. the “defense budget’ no longer has anything to do with “national security”. It is a device for pumping c. 800 billion debtbucks/year (counting Black Budget) into this or that congresscritter’s state/district. Increasingly, procured weapons will resemble the F-35: a super hi-tech, almost self-aware fighterbomber that cannot fight or bomb, but can and will allocate $1,000,000,000,000 debtbucks before it dies happily, with mission fulfilled

    • Agree: John Jeremiah Smith
    • Replies: @annamaria
    , @stickman
  3. The USA spends 4-8% of its GDP on what is laughably called “national security”, depending on if you count just the Pentagon budget or total national security spending. For example, the Dept of Energy pays for nuclear weapons, the VA pays for military disability costs, and the Dept. of Treasury pays some $30 billion a year in military retirement costs. Then there is the annual OCO “war” slush fund of up to $100 billion. Total costs are over a trillion dollars a year.

    From my blog:

    Jan 1, 2015 – Enemies Everywhere

    In the year 2014 new “enemies” were introduced to the American people. ISIS appeared from nowhere. Friendly Russia was demonized and brought out of retirement. American forces discovered several new enemies in Africa. In 1919, historian Joseph Schumpeter’s book, Imperialism and Social Classes, described ancient Rome in a way that sounds eerily like the United States today:

    “There was no corner of the known world where some interest was not alleged to be in danger or under actual attack. If the interests were not Roman, they were those of Rome’s allies; and if Rome had no allies, the allies would be invented. When it was utterly impossible to contrive such an interest — why, then it was the national honor that had been insulted. The fight was always invested with an aura of legality. Rome was always being attacked by evil-minded neighbors. The whole world was pervaded by a host of enemies; it was manifestly Rome’s duty to guard against their indubitably aggressive designs.”

    • Agree: Kiza, Rurik
  4. Totally unimportant nitpick, good only for interrupting your rhetorical flow in debate: it was not the Empire of Japan that was the last to initiate a war with the US but its Axis partner Germany after the attack on Pearl Harbour.

    And I ask, because someone willing to reply is bound to know, did the US have troops already in South Korea when the North invaded the South? (which is my recollection of the way the Korean War began).

  5. Mark Green says: • Website

    Good one, Philip. And thank you for sitting through yet another dreary spectacle. Yes, the Military Industrial Complex is alive and well. Too much so. Therefore, it’s definitely time to both re-name it as well as scale back the ‘War Department’. Truth in advertising, please!

    After all, not only has the US been either provoking, attacking, or needlessly sticking its nose into distant, regional feuds for decades, it’s now achieved ‘hyperpower’ military capabilities. We can vaporize any spot on earth in less than an hour.

    Washington’s unique military power (and its eagerness to use it) has become a force for worldwide destabilization–not a ‘force for good’ as advertised during many sports competitions. Worse still, our glorious leaders have conferred upon themselves the ‘right of preemption’. American exceptionalism has run amok. This is a criminal mindset.

    Time to trim a few hundred billions dollars of fat out of the Pentagon’s budget for Weapons of Mass Destruction, don’t you think?

    And while we’re at it, lets trim a few billion more from that pro-democracy Jihad they’ve been running out of Washington since Clinton. The world will be a safer place.

    Washington’s bomb-dropping commitment’ to global ‘freedom and democracy’ has become a plague on humanity. Let’s hope that those responsible for this lethal lawlessness will someday face a judge and jury of their peers.

  6. Since the U.S. has a Department of Homeland Security, the Department of “Defense” should be renamed the Department of Extraterritorial Aggression, or perhaps the Department of Empire Maintenance and Expansion.

    • Replies: @stickman
    , @PokeTheTruth
  7. bondo says:
    @Wizard of Oz

    the south invaded the north

    • Replies: @Wizard of Oz
  8. bondo says:

    and
    just who are these characters who have turned america into amurderka
    who want mom-pop/trailer park/walmart america to see everything as an existential threat
    and
    not just to see an existential threat everywhere
    but
    to actively, secretly, plan, plot, create, enact these existential threats
    who are the beneficiaries.
    not the amish.
    not the white couple in kansas.
    not blacks.
    not muslims.
    not nationalists: white, black, brown, red.

  9. Junior [AKA "Jr."] says:

    And it appears that Ash has ALREADY begun trying to justify this lining of the MIC’s pockets and trying to give reason to the NeoCon war agenda by sending equipment to Iraq and moving American Soldiers into harms way as is shown by the article which I’ve posted below about Ash’s comments yesterday. As one of the posters on the article put it, “The Iraqi army is having a fire sale on American M-4′s, never fired and only dropped once.”

    BAGHDAD (AP) — The U.S. has agreed to deploy more than 200 additional troops to Iraq and to send eight Apache helicopters for the first time into the fight against the Islamic State group in Iraq, the first major increase in U.S. forces in nearly a year, U.S. defense officials said Monday.

    The uptick in American fighting forces — and the decision to put them closer to the front lines — is designed to help Iraqi forces as they move to retake the key northern city of Mosul.

    Speaking to reporters Monday in Baghdad, Defense Secretary Ash Carter said the decision to move U.S. advisers to the Iraqi brigade and battalion level will put them “closer to the action,” but he said they will have security forces with them and the U.S. will do what’s needed to reduce the risks.

    A senior U.S. official said there will be eight Apache helicopters authorized to help the Iraqi forces when Iraq leaders determine they need them. The official was not authorized to discuss the numbers publicly so spoke on condition of anonymity.

    The advise-and-assist teams — made up of about a dozen troops each — would embed with Iraqi brigades and battalions, likely putting them closer to the front lines and at greater risk from mortars and rocket fire.

    Until now, U.S. advisers have worked with the Iraqis at the headquarters level, well back from the front lines.

    Carter called the addition of the Apache helicopters significant, because they can “respond so quickly and so dynamically to an evolving tactical situation.”

    Speaking to U.S. troops at the airport in Baghdad, Carter also said that the U.S. will send an additional long-range, rocket-assisted artillery system to Iraq.

    U.S. officials have also said that the number of special operations forces in Syria would be increased at some point, but Carter did not mention that in his comments.

    http://bigstory.ap.org/article/3327956a32d7485a86725e141caa0b3b/carter-arrives-iraq-talks-how-beef-fight

  10. @bondo

    Well you’ve got a big job ahead of you editing Wikipedia!

    Try Googling “how did the Korean War start?”

    The detailed answer is the opposite of yours.

    • Replies: @bondo
    , @bondo
  11. bondo says:

    strange
    one comment has an edit time nearly one hour-seems to increase?
    other comment hasnt appeared … yet. maybe later?

  12. alexander says:

    Our national security apparatus has become so unhinged from reality..so committed to fraud…so under the yolk of the neocon mindset…it is a complete travesty to watch…and a complete tragedy for our Nation’s balance sheet.

    Our military contractors addiction to war profiteering has let open the Pandora’s box of evil.

    The idea that we are actively engaged in fabricating pretext’s of conflict…merely to spend the taxpayers money in engaging them, has to be the very lowest point in our nation’s history.

    Bearing witness to this transformation is nothing less than then the equivalent of watching Sergeant York “morphing” into Son of Sam.

    Let us consider for a moment, Afghanistan,.we have been there almost 16 years and what have we accomplished ?….Nothing.

    It seems the truth of the matter is that we are there, merely to spend the taxpayers money being there, and nothing more.

    All our traditional notions of War, as having a clear purpose, as having a beginning and an end,have been completely displaced by the Neocon concept of constantly inventing pretexts and conditions for wars continual perpetuation.

    For the Neocons..winning a war is actually making sure the war is never won at all.

    How much more sinister does it get then that ?

    None of our policies are designed to help anybody, just create more conflicts and pad the pockets of our war contractors, in the process.

    What is doubly evil is the very prevention, by our very own security apparatus, in letting the taxpayers (it is supposed to be protecting ), have access to its books.

    The Pentagon has refused an audit by the Government Accountability Office, for what seems like almost a decade now.

    Consequently we have no clue, how much of our trillions of hard earned taxpayer dollars are just padding the pockets of the Neocon War profiteers, and how much is actually being spent on our defense.

    No clue.

    What a mess, Mr. Giraldi.

    What a mess.

    • Replies: @stickman
    , @Carroll Price
  13. bondo says:
    @Wizard of Oz

    believe wiki at your peril
    the lies are in the details
    same with lies of the 28 pages.
    amurderka the liar.
    find a truth in u.s. wars from u.s. mouths
    south korea as lunatic as israel

  14. @Wizard of Oz

    There were no U.S. troops in South Korea when the North attacked. There had even been some diplomatic publications that suggested that South Korea would not be defended by U.S. troops. The initial U.S. intervention (Task Force Smith) was a disaster. The defense of the Pusan Perimeter was a very near-run thing.

    It is true that Germany declared war against the U.S. on or about December 11, 1941. U.S. Navy warships had, however, been attacking German U-boots in the Atlantic for some time, and even got torpedoed for their trouble.

  15. Kiza says:
    @Carlton Meyer

    I always thought that Joseph Schumpeter was actually describing US not Rome, even in the year 1919.

    A trillion here, a trillion there, pretty soon, you’re talking real money (as per Mr Dirksen).

    Lucky Extra-Terrestrials, that they have not discovered this poor, miserable planet yet. Otherwise the US Military Industrial Propaganda Complex would have quickly found a way to make them into a threat (I guarantee they would not be democratic enough). Imagine the size of that budget!!!!!!!

    I feel a bit sorry for the good ‘muricans and there are a few (especially Mr Giraldi), but I am glad that the US is doing what it is doing – that is rushing toward bankruptcy like a run-away train. This madness has to end somehow and at some point. And it better end in a total financial collapse then in a nuclear annihilation of humankind.

    Therefore, dear ‘muricans, keep arming yourselves to destroy the Milky Way and beyond. The universe is said to have at least one hundred billion galaxies, what an opportunity to find new enemies!

    • Replies: @Junior
    , @stickman
  16. annamaria says:
    @Haxo Angmark

    These two loudspeaker for war profiteers – Carter and Breedlove, both of whom have never been in combat – have been making the world more dangerous for everything living. The climate of mistrust and bullying could lead to devastating consequences world-wide.

    • Agree: Orville H. Larson
  17. conatus says:

    I ‘ll repeat myself:
    Wikipedia has an entry:
    “Military Expenditures by Country” where you can see how much the US spends to ‘keep us safe’

    https://en.wikipedia.org/wiki/List_of_countries_by_military_expenditures

    We owe 19 trillion dollars yet we spend more than the next 8 countries combined.
    Yeah there are a lot of jobs connected with this activity and to stop it cold would cause a recession but do we really need to spend that much? Why is our middle class taxed to keep the sea lanes safe to transport the very goods, from other countries, that causes that very same middle class to lose their job to offshoring?

    There is a TV series presently on Netflix titled “Occupied” where the Russians worm their way into Norway and ‘horrors of horrors’ occupy the country, over energy issues.
    We are appalled at this Russian dismissing of Norway’s sovereignty.
    But how about the 36,000 American troops we maintain on German soil 72 years after the end of World War II? Is it time to give the Germans back some precious sovereignty? Does anyone really think the Germans are making international decisions without regard to the presence of 36,000 US soldiers on their soil?

    • Agree: Carroll Price
    • Replies: @alexander
    , @stickman
  18. Rehmat says:

    Mr. Giraldi – I’m sure you know Ash Carter is an Israeli agent at the Pentagon.

    Carter is known ‘hawkish’ when in comes to US foreign policy towards Iran, Syria, Somalia, Pakistan, N. Korea, China – and even Russia.

    During his 2013 visit to Israel, Carter told Jewish soldiers with the Oketz Canine Unit that “protecting America means protecting Israel.”

    Carter along with Dennis Ross and Michael Makovsky, head of Jewish Institute for National Security Affairs, is the author of the Carter-Makovsky-Ross report which claims that Iran’s nuclear program is a great threat to America’s global interests.

    On December 4, The Times of Israel that in 2008, Carter also suggested that he saw little strategic difference between the cost to the US of an Israeli strike against Iran rather than a US-led attack. “Even if the United States had no complicity in or knowledge of an Israeli strike, few people on the street throughout the Middle East would believe it,” he warned. “It would also be a challenge for the United States to prove to the Europeans, Russians, Chinese, and others outside the region that are key to any kind of lasting settlement with Iran that it had nothing to do with the attack. The costs to the United States of an Israeli strike on Iran’s nuclear program might therefore be almost as large as the costs of a US strike.”

    https://rehmat1.com/2014/12/05/ashton-carter-the-kosher-gentile-to-head-pentagon/

  19. Junior [AKA "Jr."] says:
    @Kiza

    Lucky Extra-Terrestrials, that they have not discovered this poor, miserable planet yet. Otherwise the US Military Industrial Propaganda Complex would have quickly found a way to make them into a threat

    • Replies: @Kiza
    , @RobinG
  20. Agent76 says:

    “Over grown military establishments are under any form of government inauspicious to liberty, and are to be regarded as particularly hostile to republican liberty.” George Washington

    December 25, 2015 Homeland Defense: The Pentagon Declares War on America

    State Terrorism directed against the American People and Democracy Itself. The Department of Defense now authorizes the domestic deployment of US troops in “the conduct of operations other than war” including law enforcement activities and the quelling of “civil disturbances”: “Federal military commanders have the authority, in extraordinary emergency circumstances where prior authorization by the President is impossible and duly constituted local authorities are unable to control the situation, to engage temporarily in activities that are necessary to quell large-scale, unexpected civil disturbances…“

    http://www.globalresearch.ca/homeland-defense-the-pentagon-declares-war-on-america/5335483

    • Replies: @stickman
  21. Agent76 says:

    September 17, 2014 US Pursues *134** Wars Around the World

    The US is now involved in *134* wars or none, depending on your definition of war …The White House spent much of last week trying to figure out if the word “war” was the right one to describe its military actions against the Islamic State.

    http://www.thedailybell.com/news-analysis/35654/US-Pursues-134-Wars-Around-the-World/

    December 24, 2013 The Worldwide Network of US Military Bases The Global Deployment of US Military Personnel

    The US Military has bases in *63* countries. Brand new military bases have been built since September 11, 2001 in seven countries. In total, there are 255,065 US military personnel deployed Worldwide. These facilities include a total of 845,441 different buildings and equipments. The underlying land surface is of the order of *30* million acres. According to Gelman, who examined 2005 official Pentagon data, the US is thought to own a total of *737* bases in foreign lands. Adding to the bases inside U.S. territory, the total land area occupied by US military bases domestically within the US and internationally is of the order of *2,202,735 hectares*, which makes the *Pentagon* one of the largest landowners worldwide!

    http://www.globalresearch.ca/the-worldwide-network-of-us-military-bases/5564

    • Replies: @stickman
  22. @Wizard of Oz

    I smell something yiddish.

    • Replies: @Wizard of Oz
  23. @bondo

    Yeah, who could it be [tapping cheek, eyes rolled up]?

  24. alexander says:
    @conatus

    Conatus,

    your comment :

    “yeah, there are a lot of jobs connected to this activity and to stop it might cause a recession…”

    Bingo,and not quite bingo.

    In so many ways the taxpayers have been “mouse trapped” into this perpetual war overspending, and the “jobs” it has created….how do we walk it back ? Right ?

    First off, we need to separate the wheat from the chaff…….since most of the books remain unaudited…..we have no way to determine how much our war spending translates into pure profits for the oligarchs at the top….and how much is actual job creation.

    Lets take a predator drone, if the costs to manufacture one predator drone is one million dollars, yet the taxpayer is billed 10 million…..this translates in 9 million dollars in pure profits for the CEO’s….and a tenth of that(or less) in job creation for the nation.

    There is no way for us to know,where the money is going,…. how padded our bills are,….. and how efficient the system is..

    Likewise, when we engage in wars halfway across the planet, the very remoteness of the conflict lends itself to an absence in accountability……How is it possible, to determine what is spent for what, and when…when the guys running the books are the very same guys who created the bogus rationale for the conflict in the first place.

    We could all be getting totally ripped off, every which way til Sunday..and nobody would know it …It is all opaque.

    We do have a real sense that the vast majority of the nations wealth has been herded into the pockets of the .o1 percent, that’s for sure, and the culture of impunity, that reigns in Washington, seems to guarantee a virtual lock on a “get out of jail free” pass, no matter how deep the graft and corruption goes.

    The whole Neocon system seems designed to perpetuate fraud and abuse, and the humongous national debt they created ,seems the truest testimony to that fact, there is.

    What a travesty.

    • Replies: @stickman
  25. Kiza says:
    @Junior

    I forgot to write, Jr, that ETs would be found a threat after travelling tens, hundreds or billions of light years to this planet because, yeah, that makes a lot of sense: go on a trip like that just to include some stone-age aborigines obsessed with the power of their nuclear weapons into their empire.

    Tough chance that ETs would be found democratic enough or supportive of Israel enough not to present a threat. But as Mr Reagan says, such travelers would be an opportunity to impose the US model of “defense” on all citizens of planet Earth – it would unite us, he kept repeating.

    Did I mention that Putin is actually reducing the Russia’s military budget by 5% in 2016, to avoid a budget imbalance due to low price of oil? No wonder Russia is such a military threat, lo and behold imagine if ‘murican citizens got a similar idea – to want to balance the national budget by cutting military expenditure.

    http://www.reuters.com/article/us-russia-defense-budget-idUSKCN0W80TL

    • Replies: @geokat62
  26. Mr. Anon says:

    Ash Carter and Phillip Breedlove – a Robert McNamara and Thomas Powers for our own time.

    • Replies: @schmenz
  27. mtn cur says:

    “You don’t have to be smart to act stupid, but if you are gonna be stupid you better be tough.”Pete Lampe, formerly a tank gunner stationed in the Fulda gap during the middle of the cold war.
    I did not do an exhaustive search but I saw numbers indicating some 1200 installations US military outside of N America, some of which are unmanned communications systems, probably disguised as sewage pumping stations and these scattered around some 156 odd nations. I have to wonder why we don’t have a war going in the other dozen or so; perhaps these are merely police actions. Before we say the pentagon owns anything, thought should be given to who owns the pentagon along with most everything else. I remember a report saying that four investment firms control 40% of the net worth of the planet. Add ten more and you begin to see that on paper, (digitally?) anyone who did not pay cash for their yacht is a mere squatter or refugee potentially in line for demographic cleansing though eminent domain or some such.

  28. Noizpots says:

    To paraphrase Stalin, “one death is a tragedy, a million deaths is a statistic.” OR, as Mark Twain asserted, “Figures often beguile me, particularly when I have the arranging of them myself; in which case the remark attributed to Disraeli would often apply with justice and force: “There are three kinds of lies: lies, damned lies and statistics.” – Mark Twain’s Own Autobiography: The Chapters from the North American Review

    The point of both these quotes is to reveal how numb we have become to this kind of news. Ash Carter, the banally evil, bland statistician, could discuss how we must reinvigorate our nuclear arsenal to prepare for Armageddon and no one would notice. Oh wait, that’s what he was just doing, right? And the public goes ZZZZzzzzzzz……

    • Replies: @stickman
  29. @Diversity Heretic

    Ah…now you have opened up another “who really started it theme”. What provocations count as equivalents to initiating wars? The Czars and Kaisers might even have complained about the UK fostering revolution against the lawful governments of their countries by harbouring seditious malcontents like Herzen and Marx…. I am sure there are better examples too – even if the Poles provocatively stealing an Enigma machine didn’t count.

  30. @ISmellBagels

    I find that a bit cryptic. Is it because you associate Yiddish culture with nitpicking?

  31. @Wizard of Oz

    Yes, a great article by Phil, and I’ll add another nitpick.
    Japan attacked the US primarily because of FDR’s scheming to goad it into attacking, as documented by Robert Stinett in “Day of Deceit.”

  32. Tom Welsh says:

    “Terrorism also is a transnational security issue but the actual threat that it represents for Europeans and Americans has been greatly exaggerated”.

    Very true. Craig Murray recently made this point with a few pungent figures. Since 2000 more British citizens have been killed by cattle than by terrorists. So surely it is time for a “war on cows”?

    https://www.craigmurray.org.uk/archives/2016/04/the-surveillance-state-should-be-targeted-on-cows/

    • Replies: @stickman
  33. Tom Welsh says:
    @Wizard of Oz

    I too was rather impressed that Hitler personally chose to declare war on the USA, in support of his ally Japan. He had absolutely no other reason to saddle himself with another huge and powerful enemy. Whereas the USA, having egged Britain and France into war with Germany, then reneged on its implicit promise to help them and remained neutral for the next 27 months while France was conquered and Britain underwent a near-death experience, Hitler came to Japan’s aid in less than a week. (The US government then took the farcical step of “declaring war” on Germany, so people could say they had done so later).

    As for Korea, it is a little known fact that many of the North Korean forces had distinguished themselves in the war for freedom against Japanese occupation. After the war some guys in an office in Washington, who had never been near Asia, drew an arbitrary line on the map of Korea and that was where North Korea was supposed to begin. As in Vietnam, the horrid communist invaders were largely motivated by a simple desire to reunite their country. Just like Abraham Lincoln, come to think of it.

    • Replies: @stickman
    , @Wizard of Oz
    , @Ace
  34. Tom Welsh says:

    ‘Ash favors a “strong and balanced approach to deter Russian aggression” while also citing a China that is “behaving aggressively.”’

    Beastly rotten foreigners, forever trying to defend their people, resources and territory. How dare they – don’t they know everything belongs to America by right. (God said so).

    “Cet animal est tres mechant;
    Quand on l’attaque, il se defend”.

    • Agree: Orville H. Larson
  35. Tom Welsh says:

    “All in spite of the fact that the U.S. military capabilities already exceed the resources of all potential adversaries combined”.

    Perhaps. Certainly if measured by expenditure of money and hot air. However one has doubts; after all, the US armed forces haven’t tackled a serious enemy for… oh, surely it can’t be that long! I make it the American Civil War, when the part of the USA with overwhelmingly greater resources fought the part with most of the best military talent. And before that, the War of 1812 and the Revolutionary War.

    Any questions? Japan and Germany in 1941-5, eh? Well, Japan’s industrial resources were tiny compared to the USA’s, and even though FDR left the Japanese almost no alternative to war (he was strangling their economy to death with sanctions – sound at all familiar?) leaders like Admiral Yamamoto advised against war in the strongest terms. And I don’t think it can have been wholly coincidental that the USA’s war against Germany began exactly as the German attack on the USSR was stopped cold, ready to slide into reverse. I have read numerous sickening American boasts about how they routed the German armed forces in 1944, and I always think how dearly I would have loved to see them tackle the Wehrmacht and Waffen-SS that attacked the USSR in 1941. The Americans would have been ground to powder – which is why they very sensibly stayed neutral until the tide of war had begun to swing decisively against Germany. Then the American eagle (a known carrion-eater), seeing the German wolf being crushed to death by the wounded Russian bear, swooped down and began viciously pecking at its exposed back.

    I don’t think the US armed forces would do very well in a war against Russia and/or China today. For a start, such a war would have to be an “away fixture”, as Russia and China have no intention of attacking the USA. Moreover, the Russians and Chinese create and deploy weapons systems for effect – not to line the pockets of profiteers. In a serious shooting war, the US aircraft carriers would be shown up as immense floating (but not for long) white elephants – massive targets for hypersonic missiles. Since the latest generation of US fighters simply doesn’t work, American pilots would have to fly the previous generation against Russian and Chinese planes that are clearly superior. No, I don’t think that would be a good idea at all.

  36. Agent76 says:

    April 18, 2016 How The American Neoconservatives Destroyed Mankind’s Hopes For Peace

    When Ronald Reagan turned his back on the neoconservatives, fired them, and had some of them prosecuted, his administration was free of their evil influence, and President Reagan negotiated the end of the Cold War with Soviet President Gorbachev. The military/security complex, the CIA, and the neocons were very much against ending the Cold War as their budgets, power, and ideology were threatened by the prospect of peace between the two nuclear superpowers.

    http://www.paulcraigroberts.org/2016/04/18/how-the-american-neoconservatives-destroyed-mankinds-hopes-for-peace-paul-craig-roberts-2/

  37. stickman says:

    A fair to partly middling analysis. He never totally cuts to the chase. The real issue is the WarDefense Industry. I prefer that term to the “Defense Industry” or the Moos/Eisenhower “Military-Industrial-Congressional Complex. Why? It’s all about defending war and those who most profit from the WarDefense Industry.

    Check out the #1 recipient of Congressional funding (defense contracts) Lockheed-Martin. When doing a small investigation of primary ownership, it came to light that the biggest owners just happen to be headquartered in the #1 locus of finance: City of London, an independent entity which holds sovereignty over and against metropolitan London AND the government of Great Britain. Who is the biggest player in City of London? The Rothschild crime family, of course.

    Working closely with crowned heads, the Vatican and other bankster clans, the Rothschilds primary income stream for 200 years now, just happens to be the financing of war-machines; frequently for both sides. They also happen to be primary owners of the U$ puppet regime via the so-called “Federal” Reserve Bank. U$ puppet regime officials, especially the top brass in the military (known for their brass/bronze probisci) are all condottieri for the ruling banksters.

    Many commentators, even in alternative media, are so scared for their professional reputations and social status that they dare not call it like it is. So they beat around the bush and in the words of Henry David Thoreau “hack at the branches rather than grub out the roots” (slight paraphrasing here). It strikes me that Giraldi has hacked away at quite a few major branch orfices.

    • Replies: @Carroll Price
  38. stickman says:
    @Haxo Angmark

    Those Congre$$critters are almost to a man or woman, subject to a constant stream of either blackmail or bribery. Dennis Hastert was a prime case in point of the former. This is also true in the higher reaches of the bureaucracy and the military. That is perhaps the major reason why the age of consent is set illogically high in most jurisdictions. The bankster cabal needs to maintain control. Bribery alone does not ensure absolute ownership as was the case with Hastert. He rose to Congressional heights because the fringe on top had dirt.

    • Replies: @Carroll Price
  39. anon • Disclaimer says:

    Its all about money. They don’t call it the military-industrial complex for nothing. The pentagon doesn’t want to see its budget get cut and must justify its essentially parasitic nature to the American public. So enemies get invented.

  40. anonymous • Disclaimer says:

    Things are upside down. It is the US that is the ‘security challenge’ to the rest of the world who have to deal with the aggressive super-power that travels everywhere and considers the entire world to be it’s property. The N Koreans may engage in a lot of bluster and posturing but after all it’s been the US that has threatened to attack them with nuclear weapons for the past 65 years. It was inevitable that they would try to obtain a nuclear deterrent for themselves. Running provocative war games on the Korean peninsula with jets racing towards their border only to turn at the last minute can only add to their paranoia and anger. If the US is really concerned with the well being of the NK public then how about signing a peace treaty with them and then engaging in free trade with them? The US keeps piling on the weapons, attempting to intimidate the world. Even if one doesn’t admire them a person still has to marvel at the courage of those who’ve shown the courage to resist the might of the American military. Unfortunately all this seems to be headed for a climactic moment somewhere down the line where the US gets taken down a notch or two by the reality of force; hitting the iceberg seems so avoidable and yet so inevitable at the same time.

    • Agree: Tom Welsh, Carroll Price
    • Replies: @stickman
  41. @Carlton Meyer

    Excellent. Around latter part of 2010 was it that our combat role in Iraq was declared to be over and now we had Operation New Dawn and next thing I know is that Clinton is bashing Egypt, and NATO bombs are falling from NATO planes all over North Africa and parts of the Mideast, and drones are killing our “enemies”. Then in the past three years or so we are declaring Russia our enemy and even though most of our factories are in China we are now calling China a threat. But the Russia thing is just bizarre (even though well planned).
    Having observed the military up close I would say the majority of Generals and Admirals are ass kissers, careerist or “lifers” as we called them in 60s (USMC Vietnam days), and these careerists would surely not care if we are killed if we the people interfered with their career plans because THEIR kids have to go to the best colleges and when they retire these Generals (and Colonels) WILL get good jobs so don’t mess with THEIR comfort levels.
    But for this Marine general to say Russia is our biggest threat shows that he is a stooge of the money people or he could just be plain stupid about what really goes on in the world.
    I would have to say that our national defense really means our financial system.
    I am totally unwilling to sacrifice teenagers in wars for the sake of the financial system which is the creation of monsters who think nothing of putting new immigrants by the millions on welfare.
    Many times over the past fourteen years I have grieved and wondered why is it the home growns of America always dying in wars created by these rich , scheming animals (low level psychopaths)- most of the infantry deaths are the sons of those from the European heritage), and many are the sons and now daughters of those who have had their roots in America for many years and are the kids of African Americans , Asians , and of course those of European heritage. The Spanish who they vary widely throughout the world are the children of ancestors of European heritage.

    • Replies: @stickman
  42. stickman says:
    @Wizard of Oz

    Wiz: You might want to read John Toland’s “Infamy”. He makes the case that in order to fulfill his obligations to his bankster masters in City of London FDR, along with his co-conspirators Admiral King and General Marshall, deliberately withheld intelligence on the Japanese attack garnered by US codebusters. Reason why Japan attacked Pearl Harbor was that along with the British and the Dutch, the U$ cut off Japanese supplies of oil and iron ore and scrap iron. Engaged in a huge invasion of China and possessing no native sources of these essentials, the Japanese saw no other out than attempting to wipe out the U$ Pacific Fleet at Pearl.

  43. @bondo

    yes indeed, bondo
    not me

    who are the beneficiaries
    and why do they need so much

  44. stickman says:
    @Diversity Heretic

    Close: See my various comments. It would be the Department of WarDefense. The Empire is NOT American, though the cutting edge happens to be the banksters’ #1 Pitbull Terrier, the U$ puppet regime’s military. America was overthrown as a Republic by the unlawful passage of the “Federal” Reserve Act by a rump Congre$$ of Con$pirators and promptly signed on by a blackmailed President Wilson on Christmas Eve, 1913. It is all about defending the biggest moneymaker for the ruling banksters ~ the WarDefense industry.

    • Replies: @Carroll Price
  45. Love your article, Phil, as always. And that’s a terrific quote from Schumpeter by Carlton Meyer. The great Austrian social scientist–among much else he explained why intellectuals hate capitalism–also wrote, of the military in imperialist states: “Created by the wars that required it, the machine now created the wars it required.”

  46. stickman says:
    @alexander

    “We” (actually the U$ puppet regime) have accomplished a lot in Afghanistan, though the accomplishments do NOT include the pipeline from the oilfields of Central Asia to the Indian Ocean which may have been objective #1. What has been accomplished has been the transfer of unimagined billions to the black-money coffers of the CIA which has controlled the world heroin industry as their chief cash-cow since early operations out of Laos and the Golden Triangle clear back in the 50′s.

    Those of us who remain somewhat informed, conscious and cogent must remind ourselves that black funding for the CIA (the banksters’ primary goonsquad) has enabled them to retain control over thousands of journalists worldwide, as was revealed just months ago by a former controlee who had worked for a major German publication . Primary facilitator in Dallas on 11-22-63 was none other than Daddy WarBush, who was actually photographed in front of the Texas Textbook Depository building on that infamous date.

    Control of the cocaine trade, especially that of crack dumped by agency agents with street criminals in the LA ghetto starting out, was revealed by a major Drug Enforcement Agency operative who somewhat mysteriously died not so long afterwards. The Agency had little “talks” with local police officials when they started getting too close to their “boys” in the hood.

    • Replies: @alexander
    , @Ace
    , @stickman
  47. stickman says:
    @Diversity Heretic

    Though there had been a major draw-down of principal combat forces from SK, there still were small numbers of American troops in country. They were generally over-run, along with the ROKs, while some fled southwards and later were joined by TF Smith in the general rout.

    Roosevelt, who had been under full control by the City of London banksters since the time he declared the “Bank Holiday” for the U$ puppet regime in ’34 or ’35; was desperate to get the U$ into the war on behalf of his string-pullers and did all he could to goad the Germans into a direct attack on America or American interests or power projections. It was only effectuated on 12-7-41 when Japan (with whom the Germans had stupidly made a binding alliance) was goaded into attacking Pearl Harbor. The rest is as is written in “acceptable” history.

  48. geokat62 says:
    @Kiza

    … imagine if ‘murican citizens got a similar idea – to want to balance the national budget by cutting military expenditure.

    The ‘murican citizens were expecting a peace dividend after the collapse of the SU, but other people had other ideas:

    Senator McGovern is very sincere when he says that he will try to cut the military budget by 30%. And this is to drive a knife in the heart of Israel… Jews don’t like big military budgets. But it is now an interest of the Jews to have a large and powerful military establishment in the United States… American Jews who care about the survival of the state of Israel have to say, no, we don’t want to cut the military budget, it is important to keep that military budget big, so that we can defend Israel. – Irving Kristol

    • Replies: @stickman
  49. stickman says:
    @Kiza

    Nice take. Particularly your boldface statement.

  50. stickman says:
    @conatus

    Regarding the loss of jobs and a possible recession you indicate: When the military is reduced to an actual defense force; we will need something akin to a CCC camp solution for all the now jobless military cadre. What with millions of Americans unemployed and other millions rotting away in the prison-industrial complex and what with a badly decayed infrastructure (most particularly passenger rail where we trail ALL industrialized countries) ; we could use for a massive national reconstruction effort which would duly employ those trained cadres to oversee masses of badly miseducated and physically suburbanized Americans.

    Those who would lose their jobs in the WarDefense industry are generally technically educated and highly skilled individuals who could be given grants (from monies repatriated from the owners of the Federal Reserve Bank) to develop new industries for the post-carbon age and new communities for strapped sub-Urbanites.

    We CAN rebuild an America which does not revolve around the WarDefense industry and a government totally corrupted by the bankster stringpullers.

  51. stickman says:
    @Agent76

    Those top generals and admirals who run the War establishment, got their high ranks primarily via the color of their noses and their susceptibility to honeypot blackmail ~ frequently in violation of illogical age of consent laws ala Dennis Has-Dirt. What i would like to see within the military is massive arrests of these malefactors by lower ranking officers and experienced cadre from within the enlisted ranks. Then they would likely march on Washington and Wall Street and clean house.

  52. stickman says:
    @Agent76

    Global Research is a damned good source-site. The U$ puppet regime has absolutely no business maintaining ANY overseas bases beyond, perhaps the Caribbean and Guam. The savings to the ever-suffering American taxpayer would be astronomic. The money could then go towards the growingly essential restoration of American industry and infrastructure in a post-carbon future.

  53. alexander says:
    @stickman

    Interesting.

    But the very spending on our military excursion in Afghanistan so dwarfs the profits from the illicit cocaine and heroin trade’s you refer to , its ….laughable.

    Its like spending 50 million dollars on a pistol so you can rob someone of a two hundred dollar crack bag.

    The war spending is the “meat” of its own devouring …It is its own “Raison d’etre”.

    Nothing else even comes close.

  54. stickman says:
    @alexander

    “How efficient (is) the system”. Grossly inefficient if you do not belong to the .000001% who are the primary profiteers from the system. We can test that by the fact that in category after category of major weaponry, the Russians have recently and are currently, turning out major systems which (1) perform far better than their U$ equivalents (compare the Su-35 to the F-35) and (2) are made available for about ten Kopecks on the dollar (one-tenth, roughly). Why is this?

    Corruption up and down the line is the story of contemporary Amerikkkan reality. Can anybody on this blog name ONE major institution in this ruptured Republic which is not totally and utterly corrupt? Universities? Hardy, har, har, hardly. Too much Federal and corporate grant money to researchers who toe the line. Churches? The Vatican has been the very hallmark of total corruption since the days of Constantine. How bout those Televangelists with the Lamborghinis and private jets ~ all in the name of the Lord.

    There is an old Russian proverb which holds that the fish rots from the head down. Geoffrey Chaucer in Canterbury Tales opines “if the gold is tarnished, what will the iron be”.

  55. stickman says:
    @Noizpots

    Carter is a Yalie, just like Skull n’ Bonesmen Daddy WarBush; Bu$h the $hrub and John Kerry/Kohn/Forbes. Some of the sickest sycophants in the Tuniverse emanate from the sewers beneath New Haven in the wooden Nutmeg State.

  56. stickman says:
    @Tom Welsh

    On this 241st Anniversary of the American Revolution that statement seems ironically apt.

    • Replies: @Tom Welsh
  57. stickman says:
    @Tom Welsh

    As the U$ puppet regime, under full financial control via the Rothschild crime family and the central bankster cabal, took its orders from their puppetmasters, the same deep criminals who OWNED the British and French regimes since the Napoleonic Wars; it cannot be calmly averred that the U.$. “goaded” Britain and France into war with Germany.

    The war with Germany was actually begun by the Zionist international back in ’34 when the new Nazi regime was confronted with the ironic equivalent of the economic sanctions regime many concerned people have been developing vs the Rothschild-Zionist occupiers of Palestine. The major department stores such as Macys, Sachs, et al, utterly refused to stock German goods. As department stores were primary advertisers for major newspapers and other communications media; the new regime in Germany also took huge hits by the mind-control mediums.

    Most of the outrageous actions committed by the 3rd Reich in the latter 30′s can be viewed in light of the attacks on them by Rothschild-Zionism. Why? Not so much the mutterings in “Mein Kampf” as the fact that like Gadhaffi’s Libya, or Lincoln’s United States Notes (Greenback dollars); the Germans had dumped the central banksters and installed their own economic system based on national productivity rather than fiat debt usury.

    • Replies: @Tom Welsh
    , @SolontoCroesus
  58. stickman says:
    @Tom Welsh

    Good take. Your Wolf, Bear, Eagle as the carrion eater metaphor is excellent.

  59. Art says:

    Folks, focus on the facts. We are getting lost in the minutia of the day’s events, we need to see the broad arch of events.

    Just think how peaceful it would be without Israel and its infernal desire for all of Palestine and more.

    With the end of the Cold War we should have had peace. Country by country internal political wars, yes – but no large regional wars such as we have today in the ME.

    Our unfair treatment of Palestine boomeranged into 9/11 and all that has followed.

    The fact is that our military is broken, it is worn out, both personal and equipment.

    Truth – in all aspects of American life, the cost of the Jew is monumental.

    • Replies: @stickman
  60. I.W. says:

    Telling it like it is:
    Ken O’Keefe: “These are not mistakes.” https://www.youtube.com/watch?v=_gifYD6Ci8Y

  61. stickman says:
    @Lost american

    You sure got that right. The Nam was an eye-opener for you. My additional take is: The Higher the Rank, the Browner the Nose. It’s been that way for awhile in case you haven’t read the book by the USMC’s most highly decorated officer ever, General Smedly Butler’s “War is a Racket”. I happened to luck into an original 1st Edition back in the 70′s.

  62. Tom Welsh says:
    @stickman

    Hey, sorry, I totally overlooked that! Sorry.

  63. stickman says:
    @alexander

    Alexander: There is a far deeper agenda behind control over the heroin and cocaine trades than just the financial aspect. We also must consider what crack did to the Black Power movement and the inroads heroin is now making into those decaying coal-mining communities in Appalachia and the old, dying industrial towns in the mid-east and mid-west. Those happen to be targeted populations which eugenics freaks like several Rockefellers and Bill Gates refer to as “useless eaters”.

    There are many layers to the NWO onion.

    • Replies: @SolontoCroesus
    , @Junior
  64. Great piece, Mr. Giraldi. Your articles are the best of the best.

  65. Tom Welsh says:
    @Diversity Heretic

    Well, if you’re in a submarine and someone up top is trying to kill you, the finer points of international diplomacy – such as who is at war with whom – might tend to be neglected until such time as you are no longer terrified of imminent death.

    I am reminded of an apocryphal story about the naval war in the Mediterranean. Polish military and naval personnel who had escaped to Britain were, cautiously, accepted into the British armed forces under certain conditions. The story was that this British submarine was entirely crewed by Poles, with a Polish captain, and just one British officer to act as liaison and ensure fair play. Seeing an Italian warship in his periscope, the captain unhesitatingly asked for a firing solution and began preparing to attack. “I say, wait a moment old chap!” expostulated the British officer. “You do realize that Poland is not officially at war with Italy, don’t you? You can’t attack that ship”.

    To which he received the immortal reply: “I, Tadeusz, declare war on Italy! Fire one! Fire two! Fire three!…”

    • Replies: @Diversity Heretic
  66. stickman says:
    @geokat62

    The Zionist state is the pet project of the Rothschild Crime Family. Their involvement with Jewish settlement there began with Baron Edmund de Rothschild in the 1870′s shortly after they financed the creation of the Suez Canal, primarily at the time as part of their Empire of India scheme. Later, they sponsored various frontmen such as Herzl to be the public faces of Zionism.

    Several of the Neocons are likely knowing agents of the City of London puppeteers, as is their “made man”, Little Georgie of the Sorrows, who was a penniless young Hungarian who had worked closely with both Zionist agents and the Gestapo in removing most of his fellow Hungarian Jews to the camps. There is no documentation that i can unearth on this assertion, merely intuition and a bit of the realization that somehow Soros always seemed to have inside information on where to place his financial bets ~ particularly when he sold short on the Pound and made billions.

    The Rothschilds totally financed and designed Israel’s Supreme Court building in Jerusalem and the most prestigious residential address in Tel Aviv happens to be Rothschild Boulevard. Net and Yahoo dares not even pass gas without a thumbs up from his Masters.

  67. Art says:

    Not to fear, Ash is on the job – we are safe.

    He is putting men who want to be women, and women who want to be men in our fox holes.

    Who would be crazy enough to fight such a formidable force?

    Hmm – Who would join such a force?

  68. stickman says:
    @Art

    Art: Please do not confuse and conflate all Jews with Rothschild Zionists. True Torah Jews, for example, are unbendingly opposed to the Zionist project. Jews of good conscience such as Jon Rappoport, Stephen Lendman and Norman Finkelstein are Americans first before any possible tribal considerations.

    These Jews of good conscience, whose primary allegiance is to humanity as a whole and perhaps even to earth as an entity, are NOT Chosen People = Master Racists. Please try to discriminate rather than pre-judge. Discernment is absolutely of essence or you may get entangled in one of the many webs the spider weaves.

    • Replies: @Art
    , @Clyde
    , @stickman
  69. @stickman

    Afghanistan is next door to Iran. Drugs pass thru Iran FIRST.

    Given that USA & Israel are intent on destroying Iran and Iran’s young people (just like Hebrews slaughtered the first born of Egyptians) and are deliberately destabilizing Iran’s economy in order to incite the young people to overthrow their government, it follows that Iran’s young people are under pressure — unemployment is high, thus family formation is difficult, etc. It next follows that disaffected young may resort to drugs to deaden their pain. And so a generation and then a society and then a culture and then a nation is destroyed.

    Seyed Hossein Mousavian has spoken passionately and often about the efforts of the Iranian government to stem the flow of drugs into Iran, because the Iranian leadership cares about its young people and about the future of the Iranian state and culture.


    Iran and the United States: An Insider’s View on the Failed Past and the Road to Peace

    and http://www.c-span.org/video/?320226-1/book-discussion-iran-united-states

    PS to those who get their panties in a wad re immigration & refugees: Iran has been the go-to nation for refugees from Afghanistan and Iraq for over 20 years, in numbers approaching 3 million — about 5% of Iran’s population, the equiv of 15 million in USA. I talked with Afghan refugees in Mashad; they grew up in Iran; now, at college age, they are at a dead-end: Iran educated them thru = of US high school but they may not go to Iranian universities. They’re stuck.

    • Replies: @stickman
  70. schmenz says:
    @Mr. Anon

    Horse’s Ash Carter and Philip Strangelove sounds more realistic.

  71. to the airheads in the article, a threat is someone who threatens their power, their interest, not their lives. and they are trying to sell it as a threat to american lives.

  72. Art says:
    @stickman

    Art: Please do not confuse and conflate all Jews with Rothschild Zionists. True Torah Jews, for example, are unbendingly opposed to the Zionist project. Jews of good conscience such as Jon Rappoport, Stephen Lendman and Norman Finkelstein are Americans first before any possible tribal considerations.

    May I disagree – the great bulk of Jew (85%+) support what Israel is doing to the Palestinians. If every Palestinian were to disappear today – they would cheer.

    There is no other honest word but “Jew” to label and describe them. Calling them Zionists has no real weight, no real moral force. As “Jews” they feel the heat of censure – but not as Zionists.

    Only when they hear the truthful word “Jew” will they change their ways.

    That is happening today – there a lot of powerful US Jews who selfishly, behind the scenes want Israel to settle with the Palestinians. (Trump’s son in law being one.)

    Keep the heat on “the Jew.”

    • Replies: @anon
    , @stickman
  73. Tom Welsh says:
    @stickman

    This explanation is unfamiliar to me, but I’ll look into it. Thanks!

  74. stickman says:
    @SolontoCroesus

    Huge amounts of that heroin also go by way of the Central Asian Stans and thence into Russia, Ukraine and Europe. During the bad new daze of the drunken Yeltsin/Yiddischer Oligarch regime more than a million unemployed and disenchanted young Russians fell into the habit. I would suspect most of the horse that goes into Iran stays in Iran.

  75. stickman says:
    @Art

    Art: We will never likely agree on that. From whence did you pull that 85% figure? There are many young Jews who no longer buy into the Chosen Peeps = Master Race shtick. Granted, the “is it good for the Jews?” meme is still very powerful; but the general Awakening is an equal opportunity deployer.

    The number of Jews who buy into the Animal Farm equation of “some are more equal than others” as evinced by the Talmudic totem animal is gradually but steadily decreasing. This from one who recalls being sotto voce described as a “Goy”.

    • Replies: @Art
  76. @Tom Welsh

    Had I been a German WWII U-boat commander I would have torpedoed any ship attacking my submarine.

    I didn’t even mention the huge amount of military aid that the U.S. was shipping the U.K. at a time of purported neutrality. Submarine attacks on military convoys are perfectly justifiable.

  77. @anon

    wow, the guy is great. I am gonna take my time and listen to his stuff for the next few days.

    I love people who tell others to think.

  78. Clyde says:
    @stickman

    These Jews of good conscience, whose primary allegiance is to humanity as a whole and perhaps even to earth as an entity, are NOT Chosen People = Master Racists.
    You are correct.

    Islam is the world’s most enduring and successful imperialism throughout fourteen centuries. The Koran teaches that Muslims, particularly Arab Muslims are the world’s chosen people. Muhammad calls his Arab Muslim companions the “best of people” in the Koran or Hadiths. Chosen to fight Jihad until the entire world’s population belongs to Dar-al-Salam meaning the house of Islamic peace. This is why to be a real Muslim scholar you must know the Koran in medieval Arabic and be able to recite it. The average Muslim does not read the Koran. He depends on chosen preachers, most of whom are Salafists, stealth Jihadists and overt Jihadists.
    When Mohammad was born most of the Middle East was Christian. Muhammad and his successors conquered them and forcibly converted them to Islam. Lebanon was a holdout Christian Arab nation in 1940. Due to Muslim imperialism, today it is a Muslim nation with a besieged Christian minority.
    Rothschild and Israel are nothing compared to what the chosen (Allah selected) Arab Muslim’s Islamic imperialism has done to the Middle East. Not to mention Persia, India, Egypt and other nations.

    • Replies: @Beefcake the Mighty
  79. Art says:
    @stickman

    Art: We will never likely agree on that. From whence did you pull that 85% figure?

    stickman,

    The 85% figure was given to me by a knowledgeable Jew some 15 years ago. It is true that many of the old line Jews have died off sense then, and that many of the millennial Jews are less strident.

    I share your hope – but maybe not your optimism – to many bad things have happened – the hardline Jew quest for an ever greater Israel is not over. Human nature is what it is.

    I am a Christian – life is sacred – I do not want to see anyone suffer.

    Here’s to our mutual hope!

    Art

  80. @Clyde

    Not a big fan of Islam, but it has more in common with Christianity than Judaism does. Judeo-Christianity is (yet another) hoax.

  81. KenH says:

    Notice how all nations considered our enemies, especially Russia, are curiously nations that Israel deems its enemies as well. Coincidence? I think not given the outsized Jewish influence in Washington D.C., otherwise known as Tel Aviv on the Potomac. Just like when Bill O’Reilly downplayed and even dismissed the nuclear threats made by N. Korea in 2002-3, but hyped the imaginary Iraqi WMD’s. The reason was that N.Korea posed no threat to Israel so America and Americans were supposed to just laugh it off.

    If we continue to let Israel write U.S. foreign policy then soon we will have no nation since our military will be too cynical, demoralized and exhausted to protect America.

  82. Realist says:

    “Ash outlined his views at a “posture hearing” before the Senate Armed Services Committee on March 17th, part of a process intended to give still more money to the Pentagon, $582.7 billion to be exact for fiscal year 2017.”

    That is only part of the money spent on hegemony and war. Many other entities spending increase this cost closer to 0.9 trillion dollars.

    “Ash possibly could have benefited from having his historian hat on during his testimony as he might thereby recall that the last “anyone” to initiate a war with the U.S. was the Empire of Japan in 1941.”

    You mean as opposed to the asshat he wears now?

  83. @alexander

    In the past 15 years, the US has spent $686 billion dollars in Afghanistan. That works out to an average of $45 billion a year. The annual opiates market is worth $65 billion annually. Cocaine is worth $88 billion a year. The money spent on Afghanistan and Iraq for the past 15 years is $1.6 trillion or $107 billion a year. Cocaine and heroin, together, bring in $153 billion a year.

    • Replies: @SolontoCroesus
    , @alexander
  84. @Tom Welsh

    ” . . . In a serious shooting war, the US aircraft carriers would be shown up as immense floating (but not for long) white elephants–massive targets for hypersonic missiles. . . .”

    I agree. The aircraft carrier is a hugely vulnerable ship. She requires a battle group to protect her, and it could all go for naught when the bombs and/or torpedoes and/or missiles hit her. And even if she isn’t sunk, she can’t launch or recover aircraft when she’s burning or listing.

    Presumably, the boys with scrambled eggs on their caps know this. . . .

  85. @Chris Mallory

    There’s a certain consistency in US opium-based war economy.

    I maintain that Franklin Delano Roosevelt was the most evil president to have occupied the White House. His foreign policies were directly influenced by ultra-zionist Jews — Felix Frankfurter is the one person with whom FDR discussed whether he should run in 1940; Frankfurter persuaded him to forego retirement to Hyde Park and run a war . FDR called in Archibald MacLeish to write up a statement that Roosevelt delivered the next day — Richard Moe documents this in Roosevelt’s Second Act.
    Bernard Baruch played a critical role in advising FDR — plans for Mark Clark’s solo assault on Rome were laid at Baruch’s plantation in North Carolina.
    Rabbi Stephen Wise had ready access to FDR.
    Henry Morgenthau Jr. lunched with FDR almost daily; their farms on the Hudson adjoined.
    etc.
    Sam Untermyer was head of Dem party when FDR won governor’s seat in NY.

    Frankfurter was also instrumental in Wendell Willkie’s switch from Dem to Repub, and to Willkie’s decision to run against FDR, and also for Willkie’s pro-war platform: whoever won the 1940 campaign, war was guaranteed.

    FDR’s foreign policy positions and machinations were as far removed as can be imagined from those that George Washington counseled in his Farewell Address.

    FDR diverted radically from the path that US founders intended.

    but to the Opium connection: Franklin Delano Roosevelt considered himself a Delano, above everything else. His Delano mother was his chief financier, promoter, and counsel.

    The Delano family made its money selling opium on the black-market in China.

    • Replies: @stickman
  86. Andrei Martyanov [AKA "SmoothieX12"] says: • Website
    @Beefcake the Mighty

    Not a big fan of Islam, but it has more in common with Christianity than Judaism does. Judeo-Christianity is (yet another) hoax.

    Islam has nothing in common with Christianity.

    • Replies: @Beefcake the Mighty
    , @anon
  87. alexander says:
    @Chris Mallory

    Interesting.

    Are you living in the same United States that I am ?

    In 1999 our national debt was 5.7 trillion dollars…today its over 19 trillion.

    This means our government has overspent what it brings in, by 13.3 trillion dollars in 15 years.

    We have nearly quadrupled our entire national debt in a mere decade and a half.

    this represents nearly 900 billion in overspending, every year…since 9-11.

    The entire heroin , cocaine, AND cannabis market combined ,is a fraction of that.

    a fraction.

    This “overspending” does not even include the amount, “within” our budget, we have spent on our war making…

    It is beyond obscene how much money we have spent on war, ….beyond obscene.

    • Replies: @alexander
  88. stickman says:
    @SolontoCroesus

    If my recall is correct the Delanos started out in the slave trade and were Spanish/Portuguese Sephardics.

  89. @Andrei Martyanov

    Obviously there are big differences but Muslims accept that Jesus was a prophet, born of the Virgin Mary, with a mission to spread the Gospel, whereas Jews reject his divinity and regard him as a false prophet, and they reject his role as a Messiah. It’s probably worth pointing out that is far more difficult to convert to Judaism than it is to Christianity or Islam, reflecting the racial aspect of Judaism for Jews as opposed to Christianity or Islam (despite Islam’s obvious connection to the Arab world). Judaism is far less universalist, and it is hard to see how it is considered one of the worlds major religions when it has about 14 million adherents, vs 3-4 billion (approx. equal proportions) of Christians and Muslims. It speaks very poorly of American Evangelicals that they’ve fallen hook, line, and sinker for this whole “Judeo-Christian” value crap.

  90. @stickman

    Should I assess your credibility by what you say about Soros when it is easy to verify that he was 13 years old when the Nazis were deporting Hungarian Jews?

  91. @stickman

    I suspect you are close to 100 years out of date on the wealth, power and activities of the Rothschilds. Do you know any of them or the people who work for the remaining Rothschild financial organisations? Where do you get your information from? Any Rothschild influence exercised in or from London would surely be infinitesimal compared with the ownership of Congressmen in the US by the likes of Adelson.

  92. @Tom Welsh

    How come those North Korean communists whom you compare to Abe Lincoln ended up running the worst government anywhere in the world outside Africa especially if judged by the way the rulers treat the plebs?

  93. R. E. Lee on the prospects of Union victory:

    “It will be sure to lead to tyranny at home and aggression abroad.”

    We’re there.

    • Agree: Orville H. Larson
  94. stickman says:
    @stickman

    Clyde: If you deign to read a bit of history you will find that by and large the Muslims did NOT force Christians to convert. That is a major reason why Lebanon remained majority Christian till quite recently. Many immigrants among Lebanese Christians to countries all over the world. What Muslim rulers did do was tax their Christian subjects, while Muslims were not taxed. Ultimately, this resulted in a long-term wave of conversions by wealthier Christians which gradually tended to trickle down amongst the masses.

  95. anon • Disclaimer says:
    @Andrei Martyanov

    Islam is almost a copy of Abrahamic Judaism. It can be thought of as an Arabized version of it. The only major difference is the apostleship of Muhammad at the top. Just about all his tenets, like the prohibition on pork for example, he took from Judaism.

    • Replies: @Andrei Martyanov
  96. Ace says:
    @Tom Welsh

    It’s my understanding that it wasn’t “some guys in an office in Washington” drawing any arbitrary line in Korea. Rather, Dean Acheson indicated publicly that the line delineating the U.S. zone of interest in the Pacific stopped short of Korea. Since Marshall had done what he could to ensure that Mao would prevail in China, it’s odd that Acheson indicated the line would be where he indicated it would be.

    The communists in the North weren’t seeking to “reunite” their country but to conquer the south and make Korea one big happy, productive commie theme park.

    • Replies: @Tom Welsh
    , @Carroll Price
  97. RobinG says:
    @Junior

    Jr., did you post a link somewhere to a BBC documentary on the USS Liberty, or is that my imagination? If it was you, could you post the link here? Thanks.

  98. St Just says:

    Yeehaw! Secretary Carter. All those people to bomb and kill for our corporations. All that delicious money to be made. What a sweet Bush_Cheney world this is becoming.

  99. Tom Welsh says:
    @Ace

    Ace, it’s a tricky subject to research as opinions are so polarized. Western people blame everything on the “commies”, while North Koreans, Chinese and Russians are inclined to allocate a lot of the blame to the Americans.

    See, for example, http://www.economist.com/blogs/economist-explains/2013/11/economist-explains-1 for the “two guys in an office”.

    For a much more detailed explanation, read “The Korean War: A History” by Bruce Cumings (ISBN-13: 978-0812978964) which is fairly cheaply available from Amazon. Billed as “a revisionist history”, it’s better described as spirited attempt to balance the establishment view that it was all the fault of the rotten commies. If you have an open mind, you may be surprised by some of the facts. (And you can check them elsewhere, although you may have to dig a bit – those facts are not facts our governments want you to see).

    As for the rottenness of present-day North Korea, I know that is what we are incessantly told. However, I suspend judgment somewhat. We were told similar things about Saddam Hussein’s Iraq, Colonel Qadafi’s Libya, and Bashar al-Assad’s Syria; and whatever was bad about them previously, it is certain that things are far, far worse since Western “help” arrived.

    • Replies: @Ace
  100. alexander says:
    @alexander

    Chris,

    You need to step back and really try to get your mind around how badly these people have flubbed it.

    Considering the fact our country could be operating at a surplus right now, not a monstrous , heinous debt, it is quite astonishing the level of criminal contempt these people have displayed toward the stewardship of our nation.

    Let us not forget the wholly fallacious ” WMD imminent threat” scam, as well as the bogus “Saddam anthrax” scare, that were foisted on the taxpayer to goad us into war.

    This is not just wrong…it is downright evil.

    And to think I believed “everything” they told me…..My god man, what kind of inhuman monsters would lie us into war ?

    Make no mistake, there needs to be an accounting for the level of malevolent fraud foisted on all of us.

    This fraud has robbed us of tens of trillions of dollars we do not even have.

    How awful is that ?

    We should demand of all our nominees, as the mandate in the next election cycle , that all the deceivers be held to account ,to the fullest extent of the law…..first and foremost the backroom oligarchs who pulled the strings…

    First and foremost.

    The entire future of our country depends on this.

    • Replies: @FLgeezer
  101. Tom Welsh says:
    @alexander

    “Its like spending 50 million dollars on a pistol so you can rob someone of a two hundred dollar crack bag”.

    Almost. Its like spending 50 million dollars *of someone else’s money* on a pistol so you can rob someone of a two hundred dollar crack bag.

    • Replies: @alexander
  102. Andrei Martyanov [AKA "SmoothieX12"] says: • Website
    @anon

    True, to a degree.

  103. Andrei Martyanov [AKA "SmoothieX12"] says: • Website
    @Beefcake the Mighty

    Two points–Sharia and, what Anwar Sheikh called a complete instrument of Arab imperialism. Islam is more than religion–it is a complete ideology which regulates even how one takes a crap.

  104. Anonymous • Disclaimer says:

    These bloodthirsty ghouls are like cancer cells…if not removed, they will kill us all. Ash Carter should be arrested, tortured till he confesses to something, then hung like the war criminal POS he is. This war culture bs has gone to far. We need to stop treating mercenaries as heroes.

    • Replies: @stickman
  105. @alexander

    All our traditional notions of War, as having a clear purpose, as having a beginning and an end,have been completely displaced by the Neocon concept of constantly inventing pretexts and conditions for wars continual perpetuation.

    The most important lesson the US learned from winning WW 2 is that winning a war is a mistake, never to be repeated.

  106. @stickman

    It is no coincidence that three years following the Federal Reserve Act being signed into law in 1913, and taking effect the following year, the US entered WW1. And certainly no coincidence that the US government (via the MIC) has maintained a state of war since that time.

  107. Andrei Martyanov [AKA "SmoothieX12"] says: • Website
    @Carroll Price

    The most important lesson the US learned from winning WW 2 is that winning a war is a mistake, never to be repeated.

    Your main point is completely misplaced. The problem with US is in the fact that it thinks that it “won” WWII and did it with style and having fun, never mind economic, demographic and operational realities of WW II being drastically different from popular narrative. US “elites” are not conditioned by war, neither is general American public, so it easy to sell to them just about any ridiculous military “concept”. Obviously, once the reality sets in things begin to change. It has nothing to do with perceiving “winning the war” as a mistake. They would love to win the war–they just don’t know how.

    • Agree: SolontoCroesus
  108. Russia has not only threatened its neighbors but has invaded them. I guess Giraldi has missed the news for the last 15 years.

    Whether Russia is able to revert to being the Soviet Union again is irrelevant to Putin. Putin is trying to revive the Soviet Empire, and he’s not asking Giraldi if it’s possible or not.

    • Replies: @NoseytheDuke
    , @stickman
  109. alexander says:
    @Carroll Price

    Hey Carroll,

    My father was in WWII, he was wounded more than once and received a purple heart and a bronze star for his service to our country.

    He said he watched as one of his best buddies got his head blown off.

    He said he was happy as a clam when we won the war…and that it was OVER…and he could go home.

    He felt we were right to be in that war, happy we were victorious,…and happier than hell to be stateside.

    He told me “war” is the worst thing there is in the world.

    The worst thing there is.

    • Replies: @NoseytheDuke
  110. Th is all very unfair to a country full of kind and generous well meaning people. Think of it this way. What if you were an alpha male lion with no rivals but you liked a bit of a scrap? Trouble is its very difficult to find someone to start a dust up with you. What cam you do?

    Reminds me of my old endlessly amiable alpha male Labrador. Marvellous with children but he had a very thick skin and just loved a good tooth in even if he knew it was naughty and would earn a slap that hurt my hand as he came back at sixth time of calling dripping with blood and affecting shame. He really expected everyone to believe his Tonkin Gulf stories.

    So, yeah, it’s hard for the US to find someone crazy enough to start a fight with it.

    • Replies: @NoseytheDuke
  111. @Tom Welsh

    In a serious shooting war, the US aircraft carriers would be shown up as immense floating (but not for long) white elephants – massive targets for hypersonic missiles.

    Back in the 70s, Admiral Rickover, the “father of nuclear navy,” had to answer the question before the U.S. Senate: “How long would our aircraft carriers survive in a battle against the Russian Navy?” His response caused disillusionment: “Two or three days before they sink, maybe a week if they stay in the harbor.”

    Source: http://defence.pk/threads/how-long-would-the-us-navy-survive-in-a-shooting-war.368329/#ixzz46NfOCbE9

    • Replies: @Andrei Martyanov
  112. FLgeezer says:
    @alexander

    “Begin proudly admitted his terrorism in an interview for American television. When the interviewer asked him ‘How does it feel in the light of all that’s going on, to be the father of terrorism in the Middle East?’ Begin proclaimed ‘In the Middle East? In all the world!” – page 61

    Buy it, read it, and share it.

    http://www.amazon.com/Against-Our-Better-Judgment-History/dp/149591092X

    • Replies: @alexander
    , @alexander
  113. @stickman

    The exact quote:

    “There are a thousand hacking at the branches of evil to one who is striking at the root.”
    Henry David Thoreau

  114. @stickman

    Those Congre$$critters are almost to a man or woman, subject to a constant stream of either blackmail or bribery.

    That’s one of the primary purposes behind the all-expenses-paid-pilgrimages to Israel, American lawmakers and other high government officials are required to perform prior to assuming office. Where they are installed in plush quarters equipped with hidden cameras to record liaisons made with male and/or female prostitutes, according to individual preferences.

    • Replies: @FLgeezer
  115. Andrei Martyanov [AKA "SmoothieX12"] says: • Website
    @Carroll Price

    Roger Thompson published an excellent treatise (by Naval Institute Press) in 2006 “Lessons Not Learned. The US Navy Status Quo Culture”

    http://www.usni.org/store/books/ebook-editions/lessons-not-learned

    He addressed number (not all) of issues related to actual shooting war. The “free” pre-publishing version of this book could be found in Word format on the internet under the title “Is US Navy Overrated”. But it is not just Thompson (however brilliant) who addresses the issue of operational realities and not just naval ones, number of US Army senior officers, such as Colonel Macgregor among many, speak about this for decades now.

  116. @Beefcake the Mighty

    Among friends, I have often made the observation that if Christians actually practiced Christianity, they would differ little from devout Muslims, because both are basically religions of peace, not war.

    • Replies: @Talha
    , @anon
  117. @Ace

    Meanwhile, the Republic of Vietnam has done quite well since defeating the US and becoming re-united as one country. I suspect the same would be the case if American had suffered a similar defeat in Korea.

    • Replies: @Ace
  118. Talha says:
    @Carroll Price

    Thank you Carroll, may God honor you in this world and the next. An informed and intelligent approach to resolve these conflicts is the call of the day.

    “…and We sent Jesus the son of Mary, and gave him the Gospel. And We ordained in the hearts of those who followed him, compassion and mercy…” 57:27

  119. Ace says:
    @Tom Welsh

    Mr. Welsh, you’re right that opinions are polarized. I’m certainly one who blames everything on the commies. They controlled a lot of land and people during my entire life and “scheming bastards” was useful rule of thumb in assessing events. T.H. Fehrenbach’s book has been one of the few books I’ve read and one of the things I remembered from it was the cruelty of the N. Koreans and the animal-like behavior of some of their women on the train that repatriated them after the war. I remember too the NK soldier at the DMZ who fractured an American officer’s larynx in an unprovoked attack and the time NKs attacked and killed some of our guys clearing trees and vegetation.

    Andrew Salmon’s To the Last Round: The Epic British Stand on the Imjin River, Korea 1951 is a fascinating book and it recounts how some of the captured British defenders were saved from summary execution by insistent NKs who demanded that the Chinese hand them over. They refused to do so over rifles leveled at the NKs. Salmon says there were instances of summary execution by the Chinese after overrunning the British line in one engagement but the Chinese proved to be friendly, oddly showing appreciation to the British for their stubborn defense. They conducted them safely north where they spent the rest of the war, whether in NK or China I do not recall. Probably China.

    Such stories challenge stereotypes about the Chinese. I can’t say I’m aware of stories of the NKs that challenge me so. I realized sadly from Salmon’s account that the Chinese were many of them former Nationalist soldiers who were just cannon fodder to Mao. That is one of the great tragedies of our time that we had to fight them. The Soviet pilots for their part also disliked fighting the Americans whom they knew had helped them greatly during the war.

    Reading individual German accounts of service on the Eastern Front also challenges stereotypes, to say the least, but that’s another story.

    Given the ridiculous late entry of the Soviets to the war in the East and the enormous damage they did to China by way of removal of Manchurian industry and arming the Chinese communists, it was also a great tragedy that they were able to influence events in Korea, favoring as they inevitably would the Korean communists. I just can’t see that they started out as jolly fine fellows who fought the Japanese bravely and, but for the intervention of the imperialists, would have ended up like the Nationalists on Taiwan.

    I’m rarely accused of having an open mind but I’ll make a note of the book you kindly call to my attention. I’d be interested to look at it but more from the standpoint of the author of the piece I linked to in my original post, James Perloff, and of Diana West and M. Stanton Evans. My hypothesis now is not that the NKs, Sovs, and Chinese communists will prove to have been more benign than U.S. propaganda made out but that results were far more influenced by communists in our own ranks. Perloff is a 9-11 Truther, sorry to say, but I nevertheless consider him to have written a stunningly insightful account of the loss of China to communism. You just can’t look at what happened and say that was not what the U.S. intended. It’s bizarre and very difficult to understand. Just as is Ike’s and Churchill’s complicity in carrying out Operation Keelhaul.

    I have no doubt that accounts of modern NK are accurate. Brutal repression, waste, labor camps, famine, official luxury and privilege, and a terrified population.

    I quite agree with you re Iraq, Libya, and Syria. The Western world is quite insane on any subject you want to name. It dismays me that not only have we squandered the opportunity to create a stable and peaceful international order, not least by transforming NATO into a goad to use against the Russians. The whole useless enterprise in Afghanistan and Iraq and the filthy lies our officials told us about Libya and tell us about Assad are a disgrace. Any foreigner should quake in his boots at the idea that the U.S. is coming to “help” him, as you correctly note.

    So I’m more than willing to look at events since 1900 with fresh eyes. Liberty was rejected by Americans in 1913 and under FDR, the Constitution was discarded, and leftist zealots effected a coup in which the original American nation was defeated and reviled. So it seems to me.

  120. alexander says:
    @FLgeezer

    Is that really true ?

    • Replies: @FLgeezer
  121. FLgeezer says:
    @Carroll Price

    >That’s one of the primary purposes behind the all-expenses-paid-pilgrimages to Israel, American lawmakers and other high government officials are required to perform prior to assuming office.

    And if they fail to participate in the pilgrimage, they are guaranteed to be one-termers. But it is additionally tough to make it onto the ballot at all since they are vetted thoroughly to insure that they think “correctly” re matters Israeli.

    Our tax dollars at work:

    http://www.timesofisrael.com/florida-to-get-holocaust-memorial-for-state-capital/

    • Agree: Carroll Price
  122. Ace says:
    @Carroll Price

    The Socialist Republic of Vietnam has done well and has shown a commendable absence of rancor. I suspect there is the usual inefficiency and cronyism associated with a communist government but the overall result appears to be good, though I have not studied on this. I have no doubt that a non-communist government in the south would have done much better.

    The U.S. military was undefeated in Vietnam. Congressional Democrats engineered the political defeat that we suffered.

    • Replies: @Carroll Price
    , @stickman
  123. alexander says:
    @FLgeezer

    you know, FLgeezer,

    Given the enormous amount of time and money Israel has been spent, vilifying Hamas, as the most vicious, evil, cut throat, and venal terrorist organization on the planet, I have a question for you….

    if this is all true…..How come they have such bad aim ?

    I mean of the 40,000 rockets they are said to have launched at Sderot, how come nearly all of them completely missed their mark ?

    Can they really be that “vicious”..if they cannot even hit the broad side of a city, let alone a barn ?

    Consider this too;

    Given the almost insane disparity in the military might, and hurting power, between the two sides, why would anyone ,let alone the Gazan people, provoke Israel into another conflict ?

    If all you have is a pea shooter, and the other fella has ten dozen howitzers…are you really itching for a dust up ?

    I began to wonder, when I saw photos of the enormous “Terror Tunnel” found on the Israel side of the border, this thing looked nearly 25 feet in diameter……My god, I thought to myself,what the Hamas organization can dig, with a bunch of spoons.

    And then it dawned on me…this could be a scam…..maybe the “terror tunnel” goes the other way?

    Not from Gaza into Israel…but from Israel into Gaza ?

    As a matter of fact,it would not surprise me in the least, (given the complete absence of a “Peace Plan” on the part of the Israeli government,) that this was ,indeed, the case.

    Maybe Israel, is dressing up some sneaky recruits, as Jihadists, infiltrating Gaza, through its “own”tunnel network, and launching these war provoking rockets at their own country.?

    This would sure explain why 98% of the terrorist rocket fire , into Israel, seems to always miss its mark…

    Because it always does.

    Its either that or Hamas has the “worst” aim of any “vicious” terror group, in the history of civilization.

    • Replies: @Carroll Price
  124. FLgeezer says:
    @alexander

    Yes it is alex. Alison Weir’s great book cites abundant evidence of jewish massacres. On page 59 you’ll find this:

    “An Israeli eyewitness reported that at the village of a-Dawayima :The children they killed by breaking their heads with sticks. There was not a house without dead…One soldier boasted that he had raped a woman and then shot her.
    One Palestinian woman testified that a man shot her her nine-month-pregnant sister and then cut her stomach open with a butcher knife.”

    Read this superbly documented book and find out the nature of those who have a stranglehold on America’s finances, politics, publishing, and entertainment. These are good websites too:

    http://www.ifamericansknew.org

    http://www.councilforthenationalinterest.org/new/

    • Replies: @alexander
  125. woodNfish says:

    I respect Ash at least a bit because he once studied Medieval History at Yale, though he apparently has forgotten about the Hundred Years War and the War of the Roses. Both devastated winners and losers alike, a salutary lesson for those who are concerned about what the United States has been up to for the past fifteen years.

    Ummm, I’ve got news for you Giraldi, the US has been at this since the end of WWII. And if you look at the timeline I provide a link too, we have been at it ever since our founding. Few of these military actions have had anything to do with protecting this country or our freedom. This is a country built on lies. Amerikans are an incredibly stupid bunch and don’t realize just how easily they are led by propaganda.

    https://en.wikipedia.org/wiki/Timeline_of_United_States_military_operations#1945.E2.80.931949

  126. alexander says:
    @FLgeezer

    This is horrible.

    To think the children of the Holocaust could be capable of such vile and sadistic behavior.

    What a shocker !

    I almost don’t believe it.

    • Replies: @RobinG
  127. @Beefcake the Mighty

    Beefcake is spot on about the dumb-as-dirt Evangelical Israel-Firsters. Maybe they should talk to the hapless Christian priests who are spit on by yeshiva youth for wearing a crucifix. However, the comment by my fellow Giraldi fan is inadvertently misleading when he writes of Jesus that “Jews reject his divinity and regard him as a false prophet, and they reject his role as a Messiah.” It’s a bit more than that. The Talmud calls Jesus a bastard and a sorcerer who is boiling in excrement in hell, and says that Mary was a whore to Roman soldiers. Judeo-Christian values indeed.

    • Replies: @stickman
  128. @Wizard of Oz

    Every single dollar that Adelson could muster would be matched by a million held by the Rothschilds.

    • Replies: @Wizard of Oz
  129. @Quartermaster

    Your comments make perfect sense once inverted, consider ending each sentence with the word not.

  130. @alexander

    Agreed! War can be the death of a nation. A wise leader conserves his military strength. Sun Tzu

  131. @Wizard of Oz

    Hitting a dog is a very poor way to train it, evidenced by the repeated bad behaviour. Your dog whispering knowledge appears to be equal to your grasp of geo-politics. My dog walks off lead and will stand trembling just inches before a cat when told to stay.

  132. @alexander

    When you consider Israel’s long history of using false flag attacks to justify wars of aggression (9/11 anyone?) it becomes perfectly logical to assume that the “terrorist rocket attacks” that never actually to hit anything are exactly what they appear to be.

    • Replies: @alexander
  133. RobinG says:
    @alexander

    Believe it.

    Israel is founded on terror, false flags, assassinations, murder and ethnic cleansing.

    http://www.deiryassin.org/

    DEIR YASSIN REMEMBERED

    And if you have to hear it from a Jew to believe it, this is from Mondoweiss –

    http://mondoweiss.net/2012/04/the-symbol-of-nakba-deir-yassin-remembered/

    The symbol of Nakba: Deir Yassin remembered

  134. Junior [AKA "Jr."] says:
    @Wizard of Oz

    I suspect you are close to 100 years out of date on the wealth, power and activities of the Rothschilds.

    Am I to understand you correctly, Wiz, in that you believe in this day and age, that reported wealth is an accurate measure of wealth? And if so, who is it that owns the Federal Reserve?

  135. Junior [AKA "Jr."] says:
    @stickman

    Amen, stickman! And let’s not forget the Prison Industrial Complex.

  136. Junior [AKA "Jr."] says:
    @alexander

    “But the very spending on our military excursion in Afghanistan so dwarfs the profits from the illicit cocaine and heroin trade’s you refer to , its ….laughable.”

    I agree with alot of what you say, Alexander, but you seem to be missing the point. The profits from the drug trade are going into the CIA’s Black Budget. It has nothing to do with cost-benefit ratios to them.

    • Replies: @alexander
  137. @Junior

    Depends who’s reporting and where. As to “ownership” of the Fed I know its structure is very odd in comparison to all the countries which have a single, simple, central, government appointed body but please enlighten me as to who “owns” the Fed and what the legal attributes and financial consequences are as it doesn’t sound like ownership of a typical business or capital asset to me.

    • Replies: @Junior
  138. @NoseytheDuke

    Since your figures “matched by a million”!!! can’t possibly be right I question the substance of your comparison. Still I would be interested to know more if you can provide sources and evidence about Rothschild wealth today. I read a book about the Rothschild family many years ago and the Vice-Chairman of the London bank in the 80s was a friend but maybe there are much bigger gaps in my knowledge than I could guess.

  139. @Wizard of Oz

    Read more books on them. As to the gaps in your knowledge, they are regularly displayed on this very website.

    • Replies: @Wizard of Oz
  140. alexander says:
    @Junior

    But it should !

    The solvency of the United States is a supreme national security issue.

    One that should be first and foremost in the minds of all our policy makers.

    Not one of these neocon policy advisers ever considered the enormous damage their grand and superfluous regime change “schemes” in the middle east ,would exact on our nations balance sheet.

    And if they did, they should be arrested right away.

    I consider this massive hemorrhaging of our nations wealth a sinister assault against the well being of all Americans, and the long term security of the United States.

    Don’t you ?

    • Replies: @FLgeezer
    , @Junior
  141. @Wizard of Oz

    Are you content to display yourself as assertive but without any evident basis for your assertions and both proactively and reflexively aggressive to cover for your chronic and justified insecurity? If you can’t feel comfortable in relaxed conversation with people whose egos are strong and don’t need to prove themselves with petty aggressions you should consider proving yourself, or at least giving yourself a chance with sound logic and reliable facts.

    • Replies: @stickman
  142. FLgeezer says:
    @alexander

    >Not one of these neocon policy advisers ever considered the enormous damage their grand and superfluous regime change “schemes” in the middle east ,would exact on our nations balance sheet.

    Naming names:

    http://www.fgfbooks.com/Sobran-Joe/2009-Sobran/Sobran090408.html

    And specifying victims:

    http://original.antiwar.com/vlahos/2009/11/16/iraqi-christians-seek-return-sense-extinction/

  143. @NoseytheDuke

    #148 was a reply to you that somehow got tangled in the machinery…

  144. stickman says:
    @stickman

    @ace is a disgrace ~ obviously not having done much independent research and hewing to the tired MSM/academicist line.

  145. @Junior

    Wizard of Oz may be right, Jr.

    To the extent Rothschilds still have massive wealth, why would they waste it on activities to influence US – superpower – other states’ policies when the US Federal Reserve system is its bottomless piggy bank; the US Congress spends from that bottomless piggy without accountability; and both institutions were created and managed by the same people who created Rothschilds’ original wealth.

    US taxpayers are the ‘gold reserve’ for the Fed fiat money system.

    And just in case that somehow fails, US taxpayers shovel $4.5 billion to Israel every year.

    American taxpayers are subsidizing their own subversion.

    Rothschilds need function only to put labels on champagne bottles.

    • Replies: @Junior
  146. stickman says:
    @Wizard of Oz

    Blizzard of Ooze probably believes in the tales emanating from Forbes Magazine as to the relative wealth status of various mere billionaires. Needles to say the trillionaires no longer allow their controlled assets to be given scrutiny. When MSM was not totally under the heels of the banksters and their CIA doberman’s, there was some information available as to the filthy levels of wealth held by the .000001%. A prime example, which appeared in several publications in the early 30′s was that the Rockefeller fortune then exceeded $1 TRILLION (with a T, not a B, or an M). This was in the heart of the Depression (brought on by those selfsame bankster crime families) and was in owned assets, not controlled assets.

    Dig around the net a bit and the most agreed upon figures for the Rockefeller clan in terms of controlled assets happens to be in the neighborhood of $150 Trillion. They are pikers in comparison with their original financial backers, the Rothschild crime family, whose controlled assets are said to be in the neighborhood of $500 TRILLION. That kinda money can buy a lot of prostiticians, presstitutes, academicists and various other paid overseers.

    • Replies: @Rurik
    , @alexander
    , @Sam Shama
  147. stickman says:
    @Anonymous

    Disagree somewhat. Carter is a mere condottieri, a puppet, in fact and not the highest ranking of all known puppets.

    Public hanging at high noon on the Capitol Mall on the Fourth of July should be reserved for the leading “lights” of the Bu$h Crime Family; Cheney, the Dick; David Rockefeller; the chief string-pullers in the Rothschild Crime Family and the rest of the primary owners of the “Federal” Reserve Bank.

    The likes of Ash Carter, John Kerry and even MadWoman Albright should be carted out to that selfsame Capitol Mall to witness the festivities; then dumped in tubs of excrement to be followed by a nice tarring with cold-mix along with a thorough turkey-feathering and ultimately rode out of Washington over the Potomac on the American Revolution’s traditional rails.

  148. stickman says:
    @Quartermaster

    The very acronym “Quartermaster” indicates a level of military indoctrination from which this individual obviously has yet to recover. Nosy, your assessment is spot on.

    • Replies: @NoseytheDuke
  149. stickman says:
    @Ace

    Ace, to me it is quite evident that you speak from your heart AND from your individual level of overall understanding of how things really work. Back in ’64 i was an avid Goldwater Republican ~ and more. However, over time my own point of view has become something other than a pattern of shared ideological beliefs.

    To the disagreement: You hold that the U$ military was undefeated in Vietnam. This is true only on the deepest levels where the City of London centered bankster cabal were the major victors in the war as their investments in the WarDefense industry were massive and indeed, monumental. Otherwise, because the draftee troops had come to realize that “we” had no intention of winning that war; their morale dropped to many degrees below zero. When the word got out that the bodies of U$ KIA’s were eviscerated and then stuffed with bags full of heroin before being flown back stateside; the fragging incidents exploded exponentially.

    Belief in any essential difference between the Damocraps and the Repooplikkkans reveals a level of political sophistication which still has a number of steps to climb. America’s greatest historical novelist and public commentator, Gore Vidal, accurately described the Democans and the Republicrats as “the two arms of the corporate party”. (slight paraphrasing). These prostiticians and their parties are mere puppets for the owners of the “Federal” Reserve Bank.

    • Replies: @NoseytheDuke
    , @Ace
  150. stickman says:
    @Ralph Raico

    Ralph: THEY like to call it “Judeo-Christian Civilization”. Firstly, i call that BULL. On reflection, some years back i slightly altered the term to Judie-Christy Magic Mindfkkk. Not sure whether Unz allows for use of the real spelling, so i altered it slightly, though i’m sure you get the drift.

    Why is it a Mindfkkk? Because, this Constantinian re-casting of original Christianity by way of the Bible he commissioned, where much was deleted from original texts and a good deal added in the interests of people control by the Roman State; was the creation of a new state religion based upon elimination of the truly spiritual aspects of what we know of original Christianity from the texts discovered in the Qumram caves and at Nag Hammadi.

    As for the Judaic side of this contemptuous concatenation of cross-consciousness; much of the Old Testicles was redacted in Ptolemaic Egypt by Jewish “scholars” into the Septuagint, where again, much was eliminated from original texts and a tremendous amount of bull was added to the Judaic golden calf mythos. One example: The tales of the Exodus are totally false as the original Israelites originated in the vicinities of Yemen and Saudi, rather than as slaves in Egypt. And THAT is the foundation of the Torah. The Talmudic strain, originating in Babylon the Great, was correctly described by the Christed one as “the Synagog of Satan”.

  151. Rurik says:
    @stickman

    That kinda money can buy a lot of prostiticians, presstitutes, academicists and various other paid overseers.

    but not, apparently – Donald Trump

    • Replies: @stickman
  152. alexander says:
    @stickman

    Wow , Stickman,

    500 trillion ?…that is a lot of spaghetti!

    Since they are so awash in cash, perhaps they would consider cutting a check to our treasury for 19 trillion, that would certainly put the smiles back on the faces of at least some of us 320 million Americans, who have been conned out of all our money.

    Dear Mr Rothschild,

    Please be kind enough to send your certified check or money order in the amount of $19,000,000,000,000.00 to :

    The Department of the Treasury
    Internal Revenue Service
    Kansas City, MO 64999-0002
    United States of America

    Thank you,

    Oh , and we will be sure to let you know when the funds have cleared,

    Thanks again,

    The American People.

    • Replies: @KA
  153. stickman says:
    @Wizard of Oz

    Wizz: Your entire take appears to be that of an academicist. Strong ego, i believe. It would also appear that you have been a bit less than truly diligent in researching the Rothschilds, both in terms of books read, but also in delving through various internet sites which treat with the issue of the most powerful clan on the planet.

    Recently i finally got around to reading Stephen Birmingham’s “Our Crowd” where i learned that back in 1837 the Rothschilds were still quite open about dispatching agents to run the show in the U$; where in congruence with their creating the bank Panic of 1837, they sent August Belmont (Schoenstein) to coordinate financial arrangements in America.

    Several years later, their agent, Benjamin Disraeli (you might want to read his book (Coniston, i think it was) became the several term Prime Minister of Great Britain.

    Coincident with their assumption of full control over Her “Majesty’s” Government; the Rothschilds enabled another of their many agents, Judah P.Benjamin, to become first, Secretary of War for the Confederacy and later, Secretary of the Treasury. After the Confederates lost, Benjamin escaped Union patrols and made his way to Britain where he had a long career in the employ of his masters.

    As a third point of research, may i suggest some research on how John D. Rockefeller, son of David Aronson Rockefeller and grandson of Aaron Rockefeller, achieved full operative control of the nascent oil industry. When the grandson of the “Jewish Pedlar” was ready to consolidate refining, transportation and distribution of the petroleum game, he sought and received a huge loan from the Rothschild owned bank in Cleveland. To this day, Cleveland is the site of one of the Federal Reserve district banks.

    There is a lot more out there regarding the near total power of the Rothschild crime family. Do your homework ~ if you dare.

  154. stickman says:
    @Rurik

    Re Trump: Ah, a few billion allows one a bit of independence these days.

  155. anon • Disclaimer says:
    @Carroll Price

    Islam is NOT a “religion of peace”. And it was spread just about everywhere by conquest.

  156. Sam Shama says:
    @stickman

    Not to throw cold water on this thriller, here is the value of U.S Assets, direct investments:

    https://research.stlouisfed.org/fred2/graph/?graph_id=302199

    So moving on from the public side and including all private assets as well [roughly 3x], we are talking about $70tr + $210Tr = $280 Tr

    Let’s make an assumption that the size of European direct Investments at market value is similar to that of the U.S, getting us to about $560Tr or so [US + Europe]. Japan, and China together is likely about $120Tr, although I am being overly ambitious here [please note that Chinese economy being larger than U.S does not imply that their asset valuations are based on the same metrics]

    So the Rothschild family basically needs to own $500/$680 = 82.3% of all investments in major countries of the globe. Presumably, the Rockfellers own the rest.

    Either I need to really, really find religion, or, are we not getting into the realm of the unfalsifiable?

    Ok, I was a bit off in my calc, Wiki [based on BEA data I believe] produces the following:

    https://en.wikipedia.org/wiki/Financial_position_of_the_United_States

    Which also shows, incidentally, that the US has a positive net worth. So, can we now breathe again, for a bit at least?

    • Replies: @KA
  157. @stickman

    Well, as I said, you seem to be at least 100 years out of date. Indeed Disraeli who was Church of England but proud of his “race” did get Rothschild help in acquiring control of the Suez canal for the UK but that was in 1870 from memory. So, instead of more assertion more up to date evidence please. You presumably have noted that some Rothschilds became academics.

    • Replies: @NoseytheDuke
  158. @stickman

    Are you seriously suggesting that John D. Rockefeller 1 or any of his descendants were or are Jewish? If so in what sense recognised by Jews or indeed genealogists? It’s loony tunes stuff.

    I Googled “were the Rockefellers Jewish?” and it led me to an interesting discussion on http://www.conspiracyarchive.com which seems reliable. The Rockefellers were Germans from Germany who Americanised their name Rokkenfelder which of course meant they were from Rokkenfeld. Nothing Sephardic, Marrano or any other kind of Jewish and no identification with any Jewish community.

  159. Junior [AKA "Jr."] says:
    @Wizard of Oz

    “please enlighten me as to who “owns” the Fed and what the legal attributes and financial consequences are as it doesn’t sound like ownership of a typical business or capital asset to me.”

    That is the whole point, who the hell knows who owns the FED. There is absolutely ZERO accountability, legally or financially. Who are the private banks that pay their shareholders, who are the shareholders, how much are they making, are they only taking 6% profit as they’re supposed to, what do their books say? NOBODY knows. But we do know that the Rothschilds were the one’s that set-up the system through their puppets in America that they financed 100 years ago. They were the ones responsible for it in the beginning and as far as I can tell nothing has changed with the FED in the last 100 years. The Rothschilds STILL control it and therefore they control America through setting our economic policy. They have so much money that it means absolutely nothing to them at this point. It is ALL about power and control.

    • Replies: @alexander
  160. Junior [AKA "Jr."] says:
    @alexander

    “Don’t you ?”

    Yes, I do, Alexander. Yes, I do. Amen, Brother!

  161. Junior [AKA "Jr."] says:
    @SolontoCroesus

    “To the extent Rothschilds still have massive wealth, why would they waste it on activities to influence US – superpower – other states’ policies when the US Federal Reserve system is its bottomless piggy bank”

    GREED. That’s why. Their goal is Global Governance. GLOBAL. They don’t just want the FED and America, they want the World. They have sent our debt into hyper-drive because they want to crash the dollar and our economy so that they can replace it with a global currency and One-World government. They use their puppet fronts like Soros and Adelson to try to destroy all of our institutions so that Americans will accept a Global Governance when the crash of our economy happens. The FED is NOT a bottomless piggy bank and THEY know it. The debt-bubble is about to burst. That is a FACT. Although most Americans are blissfully in denial of this fact, we are about to get a rude awakening to it. Global Governance before China gets too much power to stop their global domination. GREED.

  162. alexander says:
    @Junior

    Hi Jr,

    I cannot tell you how the inner mechanics of the federal banking system works, but I can give you the fundamentals on how our debt works.

    Every year that our government runs a deficit, it has to come up with the money to pay for the “overspending”.

    Where does it get that money ?

    It borrows it from the future.

    Our future.

    The federal government, unlike the States, is allowed to spend more than it takes in, so when it overspends ,it “borrows” that money from future generations to pay for the things it wants to do today.

    Our federal banking system (the Fed) facilitates this.

    Now , how pernicious is initiating a six trillion dollar war of choice/ aggression, based on fraud ?

    It is profoundly pernicious, because it not only breaks the law today, but if forces future generations of Americans to come up with the dough we spent(or overspent) prosecuting it.

    And they never had any say or choice in the matter, whatsoever.

    How evil is that, Jr ?

    When our constitution, (which the Neocons have “proven” to despise with every fiber of their being ), refers to “ourselves and our Posterity”…it is saying ..take care that the decisions you make today will effect future generations…be wise…and have vision.

    The Neocons have demonstrated a complete and utter contempt for our posterity.

    They should be languishing in federal prison for all the things their fraud foisted upon us, has stolen from “ourselves and our posterity”.

    What a travesty. What a……. nightmare.

    • Agree: Junior
    • Replies: @Wizard of Oz
  163. @anon

    Few organized religions are completely clean in this regard. Islam’s historical record is not good but that has little bearing on the issues of today, which are driven by Zio-American aggression.

  164. […] „The War Against the World“ vom 19.April […]

  165. @anon

    So was Christianity – by Christians in name only.

  166. @stickman

    Thank you stickman. I think Jonathan Revusky nailed both Quartermaster and Wiz perfectly when he introduced the term HIQI to this site in a recent article.

    Like Turkeys voting for Christmas these useful idiots are either ignorant, stupid or treasonous.

    Like me, Wiz is not an American, but unlike me he does not appear to want Americans to enjoy the freedoms that should be the birthright and the promise of prosperity that Americans once fought to claim. I spent many a wonderful year in the US and have blood relatives there but I also care for the ideals that made it great.

    The aforementioned bores just want to create the impression of being wise but instead with every word they write they demolish that very notion.

    I think Wiz may be Australian, a nation of terrific people who are losing their freedoms in the same manner and pace as are Americans.

    Cheers

  167. @alexander

    The US government has been wasting vast amounts of money, especially on war but it isn’t hitting future generations of Americans as much as you suggest. While interest rates are effectively negative it is overspending at the expense of everyone who lends money and that includes Japanese, oil state Arabs and Chinese at least as much as elderly Americans who have the misfortune to depend on interest bearing investments.

    • Replies: @NoseytheDuke
    , @alexander
  168. @Wizard of Oz

    The 6th Fleet could sail through that knowledge gap of yours. When you “think” is there an echo?

    • Replies: @Wizard of Oz
  169. KA says:
    @alexander

    It is still a fiat money anyway .What is stopping Fed Reserve to cut a check for the US Treasury and loan it at 2% ? Fed has been cutting since 2008 and has cut almost 1 T out of thin air.
    One wonders why more stable and government -run Central Bank -”Federal Reserevs” -of Panama or Brazil or Russia or India cant do it without sinking the values of the currencies . Military power might explain this difference .
    The whole world ends up paying taxes to US because the inflationary outcome is spread around the globe

  170. Talha says:
    @NoseytheDuke

    Dear NtD,

    Wow! I mean, wow! That is great news – I had no clue! Hoping and praying some of the other significant players follow suit; India, Iran, Indonesia/Malaysia, Brazil, etc. Asset-based currency (gold, silver, etc.) will play a major role in bringing this perpetual war madness to a grind.

    May God preserve you and yours!

    • Replies: @NoseytheDuke
  171. KA says:
    @NoseytheDuke

    http://www.examiner.com/article/foreclosure-precedence-case-1969-could-affect-homeowners-today

    In 1969 Bank was successfully sued by a homeowner preventing the foreclosure arguing that the bank created money out of nothing

    • Replies: @NoseytheDuke
  172. KA [AKA "Carthage"] says:
    @Sam Shama

    The nonfictional asset is 72 T .But that is measured by the “dollars” which are overpriced compared to most other currency . It is also measured by the belief that an asset in US city is more valuable than a similar asset say in Greece or Taiwan or Libya . These estimation are dependent on the assumptions that the Dollar denominated world will continue for ever Real estate valuation is an artifact when compared between countries .

    • Replies: @Wizard of Oz
  173. @NoseytheDuke

    Please stop wasting my time with irrelevant brain farts if you don’t know how to argue a case or present evidence.

    1. Your link seems to have nothing to do with what you are replying to. Particularly Rothschild wealth and influence today.

    2. As I wrote a thesis on the problems of the so called gold standard when I was 26 many years ago I am decidedly unimpressed by the supposed authority of the author of the linked piece, one Peter Koenig, whom I see writes promiscuously for crank and Russian propaganda sites.

    3. The idea that currencies can be fully backed by gold in any meaningful sense is absurd. Do you seriously think the banking system could ever be made to provide gold at an exchange rate fixed for an appreciable time (say 15 years as a minimum) for those proffering their bank notes, bills of exchange, promissory notes etc.?

    4. How can the gold standard give any rational person confidence in either preservation of value or preservation of the standard when the production of gold and its market value have both fluctuated more than the $US and the US has shown what the gold standard means by abandoning it when under pressure? And not just the US…

    • Replies: @NoseytheDuke
  174. @Talha

    Hello Talha,

    As it happens I’m writing this from India while I’m here on business. People are talking about this giant financial power shift and I’ve lost count of the number of people who’ve used the phrase “the wrong side of history” to describe US economic and foreign policy.

    Also, unlike in the US, people here have taken the time to look into the 9/11 mythology and I haven’t met a single person yet who believes that giant official fairytale. Not one person has used that old chestnut “conspiracy theorist”.

    On a side note the relations between muslims and non muslims here are probably more harmonious than most people could imagine (I’m in Mumbai). Who would have thought it?

    Brazil is currently under attack and in deep soap and bubble, it is directly in the neighbourhood though and likely has Wall St panicked about the potential to trigger a chain reaction

    Peace and blessings to you and yours.

    • Replies: @Wizard of Oz
    , @Talha
  175. @KA

    Very interesting, thanks. As throughout history the greed leads to overreach followed by retribution. What is it they say about those who don’t learn from history? Cheers

  176. @Wizard of Oz

    Sorry Wiz, my fault. I suggested you have somebody read it to you when I should have suggested that you have somebody explain it to you. Dear me, wizardry certainly isn’t what it used to be.

    • Replies: @Wizard of Oz
  177. @NoseytheDuke

    Be careful doing business in India. Indians would be much too smart for you.

  178. @NoseytheDuke

    Try proof and evidence rather than vacuous emissions expressing nothing but attitude and that the attitude of the big kid sggressive kid with learning difficulties. You should realise that you have provided absolutely NOTHING of any substance by way of evidence, fact or argument to support any of your heavily assertive replies to me.

    • Replies: @NoseytheDuke
  179. @NoseytheDuke

    Just try answering my points at the risk of others inferring arrant stupidity.

  180. @KA

    Considerations of purchasing power parity are certainly important but not really an answer to the point of Sam Shama’s reply.

    • Replies: @bunga
  181. alexander says:
    @Wizard of Oz

    Sorry Mr Wizard,

    I would love to agree with you, but I can’t.

    It is hitting future generations “exactly” as I suggested, and it is a criminal disaster.

    the debt is not the interest rates, interest rates are what is charged to service the debt.

    the debt is the debt is the debt.

    There is not much our government can do, except begin to operate at a surplus (bring in more money than it spends), or sell government owned assets (at a profit), to reduce it.

    There is the idea that we can “grow” the economy, enough so that our national debt becomes modest relative to our yearly GDP, or I suppose we can allow inflation to work , over time, so that the debt shrinks as the buying power of the dollar shrinks too.

    But even if we do all that, it is still a disaster,…. a total disaster,…. certainly compared to where we could be, had we capable stewards at the helm of our ship of state.

    Let me point something else out, Mr. Wizard,

    When foreign countries, like China, purchase large amounts of US treasury notes, they are not paying down our debt.

    Not one penny.

    If China purchases one trillion in treasury bonds, this amount is not “subtracted” from our national debt….Mr Wizard…..Our national debt stays “exactly” the same.

    If anything China is doing ,in these purchases, it is underwriting our ability to “pay off “our debt one day, so when the bonds mature, they will still get their money.

    Foreign countries purchase our bonds because they believe in the “credit worthiness” of the United States, that we are “good for the value ” of the notes we issue.

    That we won’t go belly up.

    But let me tell you, our national debt has reached a catastrophic threshold.and nearly all of it has been generated by these stupid, stupid neocon wars.

    Many countries around the world are watching us, and if our debt climbs much higher than it already has, above our yearly GDP, they might dump our notes because they think we are becoming insolvent, ….that we will never be able to make good on the debt we owe.

    Who can blame them ?

    This all could have been avoided, had we shown a modicum of foresight and intelligence , especially in our obscene overspending on these bogus , reckless, and never ending conflicts in the middle east.

    What a disaster.

    What are we doing over there ?

    We have just made a huge mess of everything, and gone broke in the process.

    Our foreign policy decisions must have been designed by people who have a profound hatred for the United States, especially our solvency and our freedom, …..otherwise, why would they do this?

  182. Talha says:
    @NoseytheDuke

    Dear NtD,

    Great! Have fun and try to get a swig of sugar-cane juice before you leave (though it may mess with your stomach – to me, it’s totally worth it).

    On a side note the relations between muslims and non muslims here are probably more harmonious than most people could imagine

    A lot of history there, some tragic, some not so much. I would say (after partition) it is probably better to be living as a Muslim today in India than Pakistan (and I was born in Pakistan). I think the nationalists on each side have kept this divide perpetuated in order to keep their respective military industrial complexes (and inflated egos) going. Anyone from Pakistan knows in his heart of hearts, our heritage can never be divorced from its roots in India (as much as Australia’s can be from the UK). I have found the very level-headed non-extreme Islamic scholarship from places like Sarhanpur and Nadwatul-Ulama, etc. to be essential to the revival of a moderate tradition with deep Islamic roots but colored by the indigenous milieu. And it is a testament to the deep spiritual contribution of the Indian subcontinent that the chain of someone like Imam Ahmad Sirhindi (may God illuminate his grave) [my own great-great-great...grand-shaikh] extends well into Bosnia, Turkey, the Levant, the Caucasus as well as almost all of Transoxiana and China.

    May God grant you success in your business and safe passage through the skies back to your home.

  183. […] The War Against the World: Washington finds enemies everywhere by Philip Giraldi. […]

  184. bunga says:
    @Wizard of Oz

    Purchasing powers of dollar vs non dollars are artificially fixed .

    Take the dollar off the “only reserve ” and you will see the valuations of structural and non structural entities in a whole different light and numbers.

    • Replies: @Wizard of Oz
  185. @bunga

    That’s a bit too cryptic for me to be sure I have understood all you are trying to convey but let me essay one response anyway.

    “fixed” in “artificially fixed” is a bit puzzling. The Australian dollar for example has been sll over the place against the $US within short periods if time from over $US1.10 to under $US0.50. At the same time exchange rates with the Yuan, Euro, GBP, Indonesian rupiah, Singapore dollar, Ruble and Yen have separately volatile. Nothing “fixed” at all that I can see. If fixed what principle applies? What could prevail against China generating world oversupply of iron ore, coal and maybe oil for a few years?

  186. @Wizard of Oz

    Pardon me but your confirmation bias is showing and your childish worldview is on full display.

    You talk about evidence whilst simultaneously defending the Rothschild empire based on admittedly having read a single book on the subject. You defend the morally indefensible because you had a friend whom you liked who worked for a certain company. OK, I suppose that’s logical to you.

    What an idiot, a fool and a mental midget you’ve shown yourself to be. Rothschild banking doesn’t exist to help anyone but themselves. For centuries they’ve been funding wars and usually both sides at the same time, and more than ever for wars they’ve had a direct hand in fomenting.

    You mentioned a thesis that you wrote and my thoughts were purely for the poor sods who attempted to read it with your long, rambling and convoluted sentence structure and thinking what a pretentious, pseudo-intellectual fraud you are.

    You are correct on one thing though, that Indians are smart. They are also possessed of a wonderful spirt and generosity whilst making the most of sometimes challenging circumstances. India is changing rapidly, and for the better. It’s a big job but it is happening and the evidence is everywhere you look.

    Don’t worry your enfeebled brain about my business dealings either, I can identify pompous, puffed up, ego-driven time-wasters like you in a New York minute, by your desperation to be seen as smart whilst proving the opposite to be the case. Thanks for the laughs though.

    • Replies: @Wizard of Oz
  187. @stickman

    I heard Gore Vidal speak at The Writers Guild in Beverly Hills once. It was sold out and I was very fortunate to get in. He was wonderful.

    I think he put it this way, “There is only one political party in America, it’s the Money Party and it operates using two separate branches”.

    • Agree: Carroll Price
  188. @NoseytheDuke

    The idea of someone with your problems laughing except perhaps at ghoulish cruelty is hard to accept. I will credit you with enough intelligence to get yourself to and from India to do business but there seems to be a lack of education which may explain both the apparent chip on your shoulder and your inability to notice that I have not “defended” the Rothschilds as you say. Moreover my reference to my limited knowledge of Rothschild history and operations was something I introduced to encourage you, if you knew more – which you obviously don’t – to enlighten me with good sources and reliable evidence. In fact my knowledge of people working in Rothschild enterprises and, very much to the point, entirely non-Jewish competitors, is considerably greater than I mentioned but hardly worth mentioning because my standards of evidence are high and I was encouraging you to produce something which supported your assertions. I note that you responded with that Peter Koenig link which made it appear that you had forgotten your Rothschild obsession and flipped to some “fiat currency” fugue. Get help if its not too late.
    BTW I too will be in India to do business in a couple of months but at the moment I am in the middle of a social tennis tournament so quite relaxed enough to humour you even though you are not good for an argument of substance.

  189. @alexander

    I am not really disagreeing with your extreme distaste for debt but I take issue with you when you fail to see how it is still a question about who the losers are or will be. After all bankruptcy shares the losses from debt so that the debtor isn’t the only loser. S&P made itself an enemy of the US government a few years ago by downgrading Treasury’s AAA. In other words even the US government may not pay all its debts just as municipalities are already failing to.

    So who loses? Inflation is one of the classic supplements or alternatives to bankruptcy. Inflation combined with very low interest rates and rolling over debt (possibly with writedowns) will spread the pain widely. Pity the poor Chinese and Japanese savers as well as US ones!

    • Replies: @alexander
  190. alexander says:
    @Wizard of Oz

    Excuse me , Mr Wizard,

    Who the losers will be ?

    You really are sounding like a nincompoop on this , either that, or the sleaziest person on the planet.

    The money we owe we have borrowed from “ourselves”, you idiot.

    We are our “own” creditors.

    If we don’t pay ourselves back what we spent…we lose!

  191. alexander says:
    @Carroll Price

    I suppose its a very similar technique to staging the anthrax attacks in Senator Leahy and Tom Brokaw’s offices and then Blaming it on Saddam to goad us into war with Iraq.

    This kind of terror fraud, being so rampant and uncontested, has done enormous damage to the well being of our country.

    How destabilizing is it for our national security that these false flag incidents have gone unaddressed for so long ?

    It would seem our government, if it truly working in the interest the people, and the safety of the nation as a whole,would go after those committing this kind of fraud….with a vengeance.

    How can you ever be rid of the true enemy who is attacking you, if that enemy keeps getting away with fooling you into believing it was those they wish you to attack, not themselves, who are responsible ?

  192. @alexander

    What are we doing over there ?

    Following orders. Israel’s orders.

  193. USAMNESIA says:
    @Carlton Meyer

    Heard in passing recently;

    “The pretense in disputed elections is that the great conflict is between the two major parties. The reality is that there is a much bigger conflict that the two parties jointly wage against large numbers of Americans who are represented by neither party and against powerless millions around the world.”

  194. @alexander

    You seem to be remarkably ignorant, or at least forgetful, for someone who is so confident that he expresses himself with arrogant assurance.

    Do you not recall Hillary Clinton saying (as disclosed I think by Wikileaks) when advised to be tough with China “how can you deal toughly with your banker”?

    I’m sure if you knew who owned the various categories of US debt and the amounts you would have used that information. All I was pointing out is that the big losers would include China and Japan, and other foreign creditors, if the US either defaulted or inflated its currency to the point where it lost significsnt purchasing power. Don’t you understand that?

    Japan is one of the very few countries with massive government debt which owes by far the greater part of that debt to its own citizens and institutions. Of course Japan hasn’t quite the freedom of action that the US still has by reason of the $US status as the world’s main reserve currency so its borrowing domestically is a major protection against insolvency although you could say of Japan that, to the extent that government has borrowed from citizens to pay for projects with no or little positive return it does face the problem of making Japanese people losers by reason of government debt.

  195. @alexander

    “If we don’t pay ourselves back what we owe – we lose”.

    You assert this as though it was an a priori logical truth, a tautology, instead of what it is: a contingent proposition which may or may not be empirically true. What if the borrower uses the borrowed funds so well that it creates assets with high earning rates into the indefinite future – like building the Brooklyn Bridge or financing the growth of Procter & Gamble 150 years ago? The creditors wouldn’t even want the debt to be paid off. They would and do happily allow it to be rolled over.

    Of course your panic is justified because the US government like most governments doesn’t invest borrowed money profitably – not like the good old days when navies could help win profitable opium wars or marines open up a country for banana production….

    • Replies: @alexander
    , @NoseytheDuke
  196. alexander says:
    @Wizard of Oz

    Listen Mr. Wizard,

    Our government, under Neocon domination, has overspent what it has budgeted by 13.3 trillion dollars in a mere decade and a half..

    This is absolutely insane amounts of overspending.

    Insane.

    And all of it has been spent on what ?……War fraud ? …and banking fraud ?

    And that’s OK with you ?

    Are you trying to tell me its acceptable for these people to steal tens of trillions of taxpayer dollars…because they conned us into “war” believing it was Saddam’s anthrax….when it wasn’t ?

    Or that we bailed out some banking shysters who decided to give a triple A rating to worthless subprime mortgage bundles, and sell them around the world?

    This is all fraud, Wizard,……. pernicious fraud.

    Why should one single american be forced to pay one penny for any of this, let alone be stuck on the hook for 19 trillion ?

    Why should we ?

    • Replies: @Wizard of Oz
  197. Sam Shama says:

    Its a tricky task, writing a compact and un-irritating comment on the Gold Standard [GS hereafter], its historic failure, and the indubitable comparative success of the modern monetary system [MMS] as measured by fluctuations of GDP, unemployment rate and other key economic variables during periods of economic stress – typically temporary imbalances resulting from demand deficiency and lack of confidence on account of the employment outlook – or, supply side shocks of the 1970s variety emanating from resource shortages, viz. crude oil.

    [I am sure the preceding unconvoluted paragraph succeeded in satisfying the opening words]

    I am hearing a great deal about the actions of the “Rothschild Fed”, the impending collapse of the U.S/Anglophone and European systems and a “takeover” of key reserve currency status and interbank payment systems. What is missing in all of these pronouncements, is an internally consistent set of arguments as to why all of the preceding scenarios ought to arise, leave alone their inevitability. It isn’t enough, and indeed unsatisfactory to point to the $19Tr of debt, and attempt to use it as a generic rebuttal against positions to the contrary. In other words, for an argument to have economic force, it must have consistent theory and empirical validity behind it.

    Let’s dispatch with a few items related primarily to data and national motivations. As of 1st quarter 2016, the $19 Tr of U.S. debt, the largest tranche is owned by the Social Security trust fund [~$2.8tr]. China owns the largest [$1.23Tr] of the total foreign holdings of $6 Tr. Most of U.S. debt is what we really owe ourselves, classified as intra-governmental holdings of $13.5 Tr or so.

    The large ones in this classification are:

    * Social Security (Social Security Trust Fund and Federal Disability Insurance Trust Fund) – $2.786 trillion

    * Office of Personnel Management Retirement – $873 billion

    * Military Retirement Fund – $601 billion

    * Medicare (Federal Hospital Insurance Trust Fund, Federal Supplementary Medical Insurance Trust Fund) – $267 billion

    * All Other Retirement Funds – $187 billion

    * Cash on Hand to Fund Federal Government Operations – $508 billion.

    (Source: Treasury Bulletin, Monthly Treasury Statement, Table 6. Schedule D-Investments of Federal Government Accounts in Federal Securities)

    On national motivations, it is one’s right as a citizen to question, indeed oppose – presumably or questionably ( :-) ), manifested through your vote – the actions of U.S. administrations, past and present in their quests for global influence. You may despise the neocons [I am no fan], yet the government and its agencies such as the Fed, owe not a whit of explanation to other governments for pursuing its own interests. One would be living in an indulgent fiction were one to assume that other countries, if in such a position to dominate monetary and economic systems, pass on the opportunity out of pure benevolent intent.

    Turning to the GS, history ought to clarify that it is a pro-cyclical system. Implying that its application deepens ongoing recessions and exacerbates inflationary episodes. Observe what happened to the U.K. during the Great Depression; gold flowed from it to the U.S. where the recession had originally started, and as a result the Bank of England reduced the quantity of Money made available to commercial banks which responded in kind to currency available to the public. Bank failures ensued and U.K’s demand side shrunk, continuing the vicious cycle. The Fed which should have increased money supply failed to do so, locking away the gold flowing into its coffers. Abandoning the GS ["freed from the gilded cage" in the words of J.M. Keynes] finally in 1931, led to a resurgence of confidence and business investments followed with the needful.

    I am also hearing that the U.S.’ primary reserve status is the outcome of a “fixing”. It is decidedly not. One might validly point out that the U.S wastes a fair amount on unnecessary wars, but the charge of reserve status fixing is based entirely on facts not in evidence. Think what gives a currency its reserve status. Its solely based on its ability to service its debt. I am yet to see any meaningful competitive economies that can come close to absorbing the amount of free capital that the U.S. does, or can in the foreseeable future. The $1.2Tr that China holds , is due not so much on account of any actions as a “banker” as it is an unavoidable artifact of its deliberate policy of growing its economy through exports. I should like to belabour this point; the roughly 6.3% of our total debt that China holds, it cannot trivially “sell” in the market place. For if it did so it would have to buy the debt [same as holding currency] of a competitor: Euros, Yen, or even in Renminbi. This would have the effect of increasing the price of Eurobonds or Yen bonds [reduce their interest rates] and depreciate their currencies, causing greater exports for Germany or Japan and its own vis-a-vis the U.S. which would then show up as additional U.S. debt held by these countries! This is indeed what has happened. Mercantile policies of Germany, Japan and China have rendered them captive to selling to the U.S. markets. Its is in the interest of all to move to more balanced economies [such as that of the U.S....surprised? U.S. net exports are only about -2% of national income, and closing its doors to International trade might at the most produce a garden variety recession here - more likely not - but catastrophic ones for its trading partners]. Its not an easy task when a country has been engaged in export addiction [the flip side of U.S. debt Scolds' accusations]. China is in the process of trying precisely that and as a result of it going through a period of great difficulty.

    Coming back to the question of adopting the GS and the closely related issue of reserve currency, it is incumbent on those who advocate it, to tell us what the remedy would be in the event of a future great recession [it will happen, the question is only one of duration and amplitude]. It is not nearly enough to say that a government will issue “what it needs”; for beelzebub, as it is said, lives in the details.

    You are certainly entitled to your opinions; not so much your facts.

  198. Ace says:
    @Carroll Price

    I am not a proponent of the idea that we never lost a battle. Rather, along with Frank Snepp, I think it is clear that U.S. forces effected a military victory overall.

    • Replies: @Carroll Price
  199. @alexander

    You seem to have got too excited to notice that I was never disputing the iniquity of US government debt funded policy. You could usefully absorb Sam Shama’s extended account of related matters #206.

  200. Ace says:
    @stickman

    Thank you, Sir.

    I’m all in favor of personal reassessments. I am a certified paleo-conservative but now believe that the conservative movement is useless (along with the GOPe), that William Buckley, Jr., sold out some of the finest conservative minds of the age to advance his desire for social acceptance, that libertarians and neocons are a threat to our survival, that Israel adds nothing to our national security, and that Putin did a magnificent thing to insert a stick in the spokes of the mendacious U.S. effort to bring down Assad and to expose the pretend “bombing” of ISIS lo these many months. For someone who loathed the Soviet Union, that’s a strange new position. But only on the surface. Contrary to the Treason Class’s strenuous efforts to paint Putin as the new Stalin, he isn’t so there’s not much of a volte face involved on my part.

    The U.S. military achieved a military victory in Vietnam. Your point about the bankster cabal does not negate this fact. All that can be said about it, assuming you’re correct that it existed, is that it profited financially even though we experienced a political defeat at the hands of congressional Democrats. I’m more than willing to explore the role of banksters a la Anthony Sutton. I just don’t happen to be well informed on that particular cabal. The outlines of the one that is so hysterical about Donald Trump is clearer and Trump’s success is so delicious because it has forced so many of the constituent swine out into the open. Exhibit A: National Review.

    I have great skepticism about the “heroin in the bodies” story. In my 72 years I think this is the second time I’ve heard of that. Having spent one tour in Nam, I have very little faith that this allegation is remotely true. Like 9-11, such a grisly operation would require a level and degree of coordination that is just not credible. Bodies of our KIAs are precious cargo and however loose things can be in a combat zone, when bodies of our guys land in the States the chances of irregularities being detected are high. I’ll file that one under “Give me a break.”

    One-year tours took care of the anxieties of most draftees. They didn’t care about overall strategy or result but rare was the man who didn’t maintain his own DEROS countdown calendar. That said, it didn’t take a rocket scientist to see that pacification efforts often involved moving through areas that were then reoccupied by Charlie. The rules of engagement were clearer to me after I left (and they absurd) but still I did not think at the time that we were taking it to the enemy in a serious way. Compare and contrast with the Cambodian incursion and you can see what a determination to put Charlie in a world of hurt did. In the Delta, it was all over for the Cong. But that was rare, though God bless President Nixon for his willingness to fight a war as it should be fought.

    Fragging had everything to do with black troops’ resentment and that of white draftees who were not, shall we say, imbued with a love of their country. Arnett’s “Vietnam: The Ten Thousand Day War” documentary has the story on the morale problems and racial resentment on the part of blacks. Not for nothing did the military go to the all-volunteer military after the war.

    I’m not a great fan of Vidal but probably will find myself in agreement on the Uniparty idea. These are such absurd times that all dissenting voices must be reconsidered. I used to think (big) corporate America was a part of the patriotic backbone of the country but that is a belief I have long since rejected. And if one does not recoil at the concept and record of the Federal Reserve today, one is just not paying attention. It took me a while to wake up to that but I did.

  201. alexander says:
    @Sam Shama

    Sam,

    I am shocked.

    I just read through your “tranches” ?

    it is the biggest sack of Neocon sh#t I have ever read .in my life…You have got a lot of nerve..

    .what a total fraud.

    Ok….. lets see where we are…… Sam the Man ?

    Question 1…what is the total cost to date of the ongoing war in Iraq? the “real” cost ?

    Question 2. what was the total cost of our bogus Iraq reconstruction effort?

    Question 3. what was the total cost(just) to build and run our embassy in Iraq?

    Question 4. what was the total cost to treat our wounded service men?

    Question 5. what is the real cost of our entire outlays in Afghanistan since 2001 ?

    Question 6. what is the total cost of homeland security since 2001 ?

    Question 7. what is the total cost to taxpayers of the TSA since its inception ?

    Question 8. what is the total cost to taxpayers of the NSA since 2001?

    Question 9. what was the total cost to taxpayers of the banking fiasco and bailout ?

    What you do..is you take all THESE costs that would never had occurred without the sinister and malicious fraud that created them and add em up….because its where the american taxpayer has been suckered out of all his money over the last fifteen years.

    This is where our “debt” has been created.

    what can I say about your last comment.

    Except its a total sham, Sam.

    A total sham.

    What a heaving crock of sh#t.

  202. Classic Unz comment section. Just blame the Jews and Israel. The historical and continuing scapegoat.

    • Replies: @alexander
    , @NoseytheDuke
  203. Sam Shama says:

    What you do..is you take all THESE costs that would never had occurred without the sinister and malicious fraud that created them and add em up..

    Alexander, did you read what I wrote, re: wasteful wars? Of course the money spent on all the above could have been far better deployed on U.S. Infrastucture and other public investments. Where did you find anything I wrote to the contrary?

    Are you disputing the data I provided? Or the implications of the GS? I fail to understand what is causing the conniptions.

    • Replies: @NoseytheDuke
  204. @Wizard of Oz

    To paraphrase Winston Churchill, ’tis better for an idiot to remain silent than to express himself and reveal his idiocy. What a windfall you’d get were you to demand a refund on your “education”.

    • Replies: @Wizard of Oz
  205. @Sam Shama

    Sam,

    I couldn’t possible take you on in matters of economics but I take it that alexander’s point is that nations like China could at any time easily dump their dollars and send the value of it to the floor, thus these military adventures weaken America greatly. Think of the resulting chaos and for what gain?

    Who was it who said war can be the death of a nation and that a wise leader conserves his military strength? I think it was Sun Tsu.

    • Replies: @RobinG
  206. alexander says:
    @Benji Gold

    Excuse me , Mr Gold,

    But where is it that I care what the ethnicity is, of the defrauders ?

    Who gives a hoot about that…I don’t.

    Its the criminal fraud that has been committed which is the issue for me, why is the ethnicity of the culprits, germane ?

    I don’t understand ?

    Please explain.

    • Replies: @Benji Gold
  207. @Sam Shama

    I do challenge your logic in stating this, “yet the government and its agencies such as the Fed, owe not a whit of explanation to other governments for pursuing its own interests”.

    Starting unprovoked wars against sovereign nations is a war crime and certainly does concern other governments, everywhere. It forces them to expend resources on their defence unnecessarily, thus depriving their own people of their productivity dividend, weakens support globally for the US and if history is anything to go by, it results in the failure of that empire, Rome, France and Great Britain come to mind but there are others as well.

    Those behind all of this are parasites who seek to control the entire world, not just America. At some point the parasite will destroy the host lest it threaten the greater plan. Only the American people can stop this by rooting out these criminals and holding them to account.

    • Replies: @Sam Shama
  208. @Benji Gold

    Comments like this does more to harm Jews than you could possibly know. You perpetuate the historical cycle by defending the indefensible and so it will be case of rinse and repeat. I very much doubt that there will be a seat for you at the table anyway and should “victory” be achieved the parasites would then in turn cull most Jews since they would be seen as a threat.

    It really is a moral issue, you support immorality when you think you are winning and cry victimisation when called on it. YOU are not doing world Jewry any favours, chum.

    Before you respond with your anti-semitism whine, my comments here can be seen where I have stated previously that I don’t hate Jews at all, there are good and bad amongst all people, but typically it starts with gaining acceptance in another land as an act of charity, progresses to manipulation to gain advantage which leads to overreach and takeover then ends in tears.

  209. If it really were “pro-democracy,” one might be able to make a case for it on that basis, even if reasoned argument proved it futile to the purpose. But it’s not a pro-democracy agenda at all. That is propaganda as bogus as “The Peoples’ Republic of Dementia.”

  210. RobinG says:
    @NoseytheDuke

    Well Nosy, I couldn’t take on almost anybody in economics, but one of the very points that Sam made was that China could NOT “easily dump their dollars”.

    Famous economists disagree with each other on all kinds of things, but when Alexander tries to refute Sam’s analysis of financial policy by decrying US militarism, he’s lost any claim to a cogent argument.

    • Agree: Wizard of Oz
  211. @alexander

    “But where is it that I care what the ethnicity is, of the defrauders ?

    Who gives a hoot about that…I don’t.”

    -You shouldn’t. I don’t either, which is partially why I’m upset. If a man is truly guilty of a crime, then let him pay for it well and accordingly. My problem with a majority of commenters here is that they believe everything is a goddamn zionist plot, and therefore a jewish conspiracy. Take a stroll through any of the articles published and their respective comment sections. Even the most unrelated issues and problems will be turned on Israel and it’s Jews.

    “Its the criminal fraud that has been committed which is the issue for me, why is the ethnicity of the culprits, germane ?”

    If this is truly your belief then I commend you for being one of the few people on Unz who see no relationship between race and crime :). (Slight joke). Just reiterating that it shouldn’t be germane. I’m just slightly salty because of reasons mentioned before.

    • Replies: @NoseytheDuke
  212. @Ace

    I posted the link for the benefit of the sizable number of Americans (not necessarily you) who assume the US never lost a battle in Vietnam, when, in fact, they lost quite a few. These are the same people, by the way, who think the US single-handedly defeated the German army, when in fact, the German army was destroyed by Russia on the Eastern Front, long before the US dared land a significant numbers of troops on European soil.

    • Replies: @Ace
  213. Sam Shama says:
    @NoseytheDuke

    Strike the “its” in “pursuing its own interests” and replace it with “their” in that sentence, which you challenged [I do loathe errors I commit in grammar; a deeply inculcated habit from early years by my masters upon the threat of the lash] :=)

    I should have been more careful regarding the agencies of government I intended to imply in that sentence. I meant exclusively the Fed. My position does not in any fashion, directly or cannily support unprovoked wars. Thus, if arguments were made pro belli, I would reject them without qualification. In another period such as the Colonial, one might have made such a case and defended it entirely, not any longer, in this day and age.

    Note however, The position of the Fed is rather delicate. It is certainly not consulted, let alone made party to, the decision making processes that release the dogs of war. Wars, as the ones we have gone through in recent decades are surely wasteful, and not just in terms of treasure burn’t, but indeed more tragic in terms of lives lost.

    There are separations of powers and duties. Whether or not current wars are causal factors in economic weakness [I happen to think they are, but such a conclusion is not axiomatic], when the Fed is faced with such, it is duty-bound to act appropriately, and strive to counteract these episodes. It cannot reject the purchase of Treasury bonds, if faced with deflation, by assuming a moral position that a portion of these bonds are indirectly funding war expenditures. That would visit a gratuitous suffering on the civilian population. As I may have remarked elsewhere, economics is not a morality play. The voting public and its elected servants define the sole provenance of national morality.

    I appreciate your passion and sincere desire to live on an earth free of strife, but I fear it is very much part and parcel of the human DNA; and if their is one thing that nurture should strive to trump nature on, let’s not look any further.

    On your previous comment explaining Alexander’s objections [no. 216], RobinG graciously points out my response in the original post.

    • Replies: @NoseytheDuke
  214. @NoseytheDuke

    Why paraphrase, especially with a ridiculous archaism, when you could quote if you didn’t suffer from extreme mental laziness?hi The cod quote you produce is actually attributed most often to Lincoln – and never to WSC as far as I know – but is generally regarded as without reliable attribution.

    Mind you I wouldn’t be bothering with what I see now can’t be classified as anything else than stupidity on your part if I weren’t lying by the beach in beautiful weather about to enjoy a siesta when the excellent luncheon wine takes hold. It really is stupid to attempt persuasion by your boorish random aggression without reliably sourced facts or logical argument to support your efforts. In case you don’t see the distinction I am not trying to persuade people as you are (I don’t know why you make your assertions if you aren’t trying to persuade people to agree with your perspective and opinions) – I am merely raising doubts and questions which might help people of adequate intellect and honesty think for themselves and avoid polluting this blog with crude nonsense and unsupported exaggeration.

    Do I sound like an intellectual snob? Well I’m afraid I should probably plead guilty when I compare even the dimmest law students I once taught at leading universities to your emissions.

    • Replies: @NoseytheDuke
  215. @RobinG

    I disagree. Sam’s point about the dominance of US consumption is based on the the way things happened in the past but not so relevant re the future. The US consumer has pretty much maxed out his credit and ability to pay down debt so the Chinese have been successfully targeting new markets, they also have their own potentially massive domestic market to supply, which is what America used to have. Remember when products used to say Made in the USA?

    It doesn’t take a major crisis to destabilise the dollar anyway since Wall St and the FED has already done that. Just turning the dial a couple of degrees would have a big impact. Didn’t the mighty Romans debase their currency too? Wasn’t it around the same time that they squandered resources on waging wars everywhere? Sounds familiar to me but whatever, it can’t go for ever and the dumping of Chinese dollars could be the trigger that motivates other nations to follow suit, America is less popular around the world than it used to be too, I wonder why?

  216. @RobinG

    I sure hope the Wiz never agrees with anything I post, it’s hardly an endorsement is it?

    • Replies: @Junior
  217. @Sam Shama

    “and if their is one thing that nurture should strive to trump nature on, let’s not look any further”.

    There’s another error, oh dear. What is the world coming to?

    This thread seems to be about a certain group’s war making DNA and the effect it is having on the once great USA. If only common sense were as common as the inflated egos of so called intellectuals, wouldn’t that be good for mankind.

    This strife that you refer to is purely confected, America has more than enough wealth and is not at risk of attack. The bellicose war making and the financial frauds that have been perpetrated by the few for greed and control is at great cost to many and there will be a payback, there always is.

    • Replies: @alexander
  218. @Wizard of Oz

    Why not post your CV and diplomas Wiz? Now you’re getting desperate, trying to salvage the credibility you’ve always sought but never had here to my knowledge.

    Piling up mounds of verbiage upon a faulty premise was never going to work anyway but never mind, you tried. Stick to tennis, lunch and your plonk, you’ll possibly feel better.

  219. @Benji Gold

    You appear to be blind to the fact that Israel flaunts international laws when it suits, rants on about nuclear threats whilst not being a signatory to the Non Proliferation Treaty, arms both sides of conflicts, offers sanctuary for criminals and traitors, spies on the US more than any other nation, sponges off the US taxpayers like no other nation and perpetrates evil and hypocrisy as a matter of course.

    Is this good for world Jewry? I doubt it, but it’s OK with you because Israel is pulling it off and here you are again playing the victim card. Cry me a river.

  220. alexander says:
    @RobinG

    Actually Robin,

    My point is that post 9-11, there was a clear mandate from the American People to bring the culprits responsible, to justice.

    There was no mandate from the taxpayer to illegally attack, invade and destroy a nation that never attacked us.

    Furthermore, there was an immense amount of fraud used to persuade us to do this.

    This is not just wrong….its evil.

    Whomsoever’s bright idea it was to do that, belongs in federal prison….right away.

    Having been fooled into war has cost us all tens of trillions of dollars that we don’t even have, Robin.

    I resent Sams ” Tranches”…because they act as arbitrary obfuscations of obscene overspending on war fraud and banking fraud.

    any penny of taxpayer money spent on criminal activity is unacceptable.

    ergo, “all” treasure spent on war fraud and banking fraud goes into the “national debt” column tranches first, their being NO legitimacy to the debt these activities created.

    Sam tranches up “social security” in our national debt column, while omitting completely the trillions in expenditures on a heinous war crime.

    As though we should recognize the funds allocated for legal expenditures, as debt, while the funds allocated for illegal expenditures are erased over.

    Not good.

    And I was shocked to see Sam, of all people, do it.

  221. alexander says:
    @NoseytheDuke

    Nosy,

    Your comment, :

    “The bellicose war making and the financial frauds that have been perpetrated by the few for greed and control is at great cost to [the] many…..”

    …… hits the nail on the head.

    The question of whether or not there will be “payback” depends a lot upon our next election cycle.

    It seems these “few” have used the enormous wealth their deception has created, to entrench their control by “circling the wagons” around both the power centers in DC, and the very mechanisms of the political process.

    How can their be any accountability for the crimes committed , if every nominee the people can choose from, is already in the back pockets of those who committed the crimes ?

    This underscores the tension of our current election cycle…It is not lost on most of us..that most popular candidates for office are the ones who appear most independent from the oligarchs in the backroom running the show.

  222. Ace says:
    @Carroll Price

    Thanks. I understand. A strategy can prevail long term but it’s indeed sometimes composed of small battles, and we had our share of losing engagements as your list shows. And you are also quite right that the Soviets bore the brunt of the battle against Germany. Some have pointed out that the German forces in Normandy were much diminished in quality and experience from the units on the Eastern Front. A book called The Tigers Are Burning about the battle of Kursk recounted how (a) German regiment(s) were reduced to the size of a platoon by the end of the first day of that battle. As with battles in WWI, I find it chilling to imagine the educated assessments each soldier of their chances of surviving such slaughter. But that was the reality on the Eastern Front for millions for years.

  223. Junior [AKA "Jr."] says:
    @Sam Shama

    I am hearing a great deal about the actions of the “Rothschild Fed”, the impending collapse of the U.S/Anglophone and European systems and a “takeover” of key reserve currency status and interbank payment systems. What is missing in all of these pronouncements, is an internally consistent set of arguments as to why all of the preceding scenarios ought to arise, leave alone their inevitability. It isn’t enough, and indeed unsatisfactory to point to the $19Tr of debt, and attempt to use it as a generic rebuttal against positions to the contrary. In other words, for an argument to have economic force, it must have consistent theory and empirical validity behind it.

    What is the reason for your quotes around “takeover”, Sam? Do you not believe that their plan is exactly to takeover and install a Global Currency? The bastards brag about it every chance they get.

    Do you deny the IMF’s Global Currency Reset? Do you deny that the SDR’s are the vehicle that they will use to bring about a Global Currency?

    http://www.businessinsider.com/new-world-disorder-why-geithners-imf-sdr-plan-for-a-global-currency-is-high-treason-2011-7

    http://www.nytimes.com/2015/12/01/business/international/china-renminbi-reserve-currency.html?_r=0

    http://www.globalresearch.ca/the-financial-new-world-order-towards-a-global-currency-and-world-government/13070

    Do you deny that the $19Tr of debt is a bubble that is already showing signs of bursting as is evidenced by the massive selling off of US debt by countries? The jig is up and ALL the world knows it BECAUSE of the $19Tr debt except for here in America where there apparently are “privately owned” companies that are buying up the debt to try and keep the ponzi scheme going as long as possible. The key part to any Con-Game(Confidence Game) is the Confidence, and the world has lost it’s confidence in the con-game that is the stability of the dollar.

    http://money.cnn.com/2016/02/17/news/economy/china-us-debt-dump-central-banks/

    http://www.ibtimes.com/china-brazil-dump-us-debt-latest-signal-global-emerging-market-slowdown-2130987

    http://www.bloomberg.com/news/articles/2016-01-22/u-s-is-hiding-treasury-bond-data-that-s-suddenly-become-crucial

    http://money.cnn.com/2016/04/19/investing/saudi-arabia-threat-dump-us-assets-911-bill/

    In regards to whether or not going back to the Gold Standard is the solution, I don’t know. Although it seems evident that China believes that this is the correct course of action from all their current attempts to hoard as much gold as possible. I do however know that an audit of the FED is the first step that must be taken in any solution.

    • Replies: @Sam Shama
  224. @Diversity Heretic

    Department of War works for me and defense contractors are “weapons” contractors. The U.S. military is a caldron of militarism hidden behind the political ideologue of neoconservatism.

    The American people’s conscience must be shaken awake to see through the veil of false threats to further the Pentagon’s agenda of being on a constant war footing which drains the U.S. Treasury of funds desperately needed to shore up the basic infrastructure of the country.

    • Replies: @alexander
  225. Sam Shama says:
    @Junior

    What is the reason for your quotes around “takeover”, Sam? Do you not believe that their plan is exactly to takeover and install a Global Currency? The bastards brag about it every chance they get.

    “Belief” is not the word I should employ in this context. Separating value judgements regarding the installation of a single global currency, one might observe that the evidence does not point to such. More so today, now that the Euro project faces dire tests, it is evident that in order to have a successful single currency, a single fiscal authority, a central legal framework for commercial finance, public finance and banking are key requirements. None of which are on the cards.

    Do you deny that the $19Tr of debt is a bubble that is already showing signs of bursting as is evidenced by the massive selling off of US debt by countries? The jig is up and ALL the world knows it BECAUSE of the $19Tr debt except for here in America where there apparently are “privately owned” companies that are buying up the debt to try and keep the ponzi scheme going as long as possible. The key part to any Con-Game(Confidence Game) is the Confidence, and the world has lost it’s confidence in the con-game that is the stability of the dollar.

    I do deny it your Honour [:-) ]. Firstly, there was no massive selling, if one were to take a measure of the total market for U.S. Treasuries. A few hundred billion in a market for tens of trillions is quite fine as evidenced by further rises in bond prices. Secondly and more importantly, all of the sovereign selling you referenced, were due entirely on the budgetary needs of countries such as Saudi, Brazil, etc, facing revenue declines related to falls in commodity prices. So therefore, the Primary Reserve Currency, which the dollar is, behaved precisely as a reserve ought to: providing relief when it is needed.

    In regards to whether or not going back to the Gold Standard is the solution, I don’t know. Although it seems evident that China believes that this is the correct course of action from all their current attempts to hoard as much gold as possible. I do however know that an audit of the FED is the first step that must be taken in any solution.

    I cannot meaningfully comment on the subject of a Fed audit, it’s balance sheet, being literally an open book as it were. Candidly, I think they ought to “allow” it, if only to pacify frayed tempers; the caution transmitted by the Fed, has more to do with the possibility of a dysfunctional congress attempting de facto monetary policy and making a hash of it.

    Gold is a yellow metal that produces no income, and indeed has significant storage costs. Yet it has a strong affinity etched in the human consciousness. Under the gold standard, financial panics were rare, except in: 1873, 1884, 1890, 1893, 1907, 1930, 1931, 1932, and 1933. :-)

    Humour aside, I strive to think and write with an open mind. All analysis to be fair, starts from a question on which we consciously or sub-consciously entertain a bias. Mine happens to be on the issue of the best form of governance [more on this at a later date]. Not to be preachy, but it is important for one to approach any subject matter, without being guided by what one wants the truth to be, or what one believes would be good for others to hold credence for.

    [In that vein, I have been re-thinking my position on the gold standard vs. fiat money. Is it possible to have a hybrid? There might be, and it reduces essentially to establishing bounds for parity between gold and major currencies. More later.....]

    As you must have surely noticed in the preceding conversations, alexander and NosytheDuke, both sterling individuals I am sure, took passionate stands against U.S. Imperialism [and in passing, insulted WoO for simply holding contrary views. Well, I have been the recipient of mud in the past, and consider it par for the course commenting here at the UR] ; a matter on which it is frightfully simple to despise this country’s actions. I do as well detest the costly wars. Yet it is quite another matter to wilfully deny the composition of U.S. treasury holdings, [ the word "tranche' must have been a micro-aggression trigger I set off; I can't explain it otherwise].

    • Replies: @Junior
  226. Junior [AKA "Jr."] says:
    @Sam Shama

    it is evident that in order to have a successful single currency, a single fiscal authority, a central legal framework for commercial finance, public finance and banking are key requirements. None of which are on the cards.

    They ARE on the cards. It’s called the IMF.

    Firstly, there was no massive selling, if one were to take a measure of the total market for U.S. Treasuries. A few hundred billion in a market for tens of trillions is quite fine as evidenced by further rises in bond prices.

    It is ALL about Perception. All it takes is a run by the top holders of the bonds to start an avalanche. And they have already begun. You talk about the trend of nations selling off their US debt in the “biggest decline in foreign official demand for U.S. notes and bonds since records began in 1978″ as if it is no big deal. Your statements about the US being the only sustainable market make absolutely no difference if the PERCEPTION of people is that the dollar is unsustainable. Their perception is of this because of the astronomical $19Tr debt with no end in sight of stopping, the 2008 crash in which the perpetrators of the robbery had absolutely no repercussions and absolutely no changes were made to the system, the massive selling off of debt by countries recently, the straining of relations with the villainous Saudi’s who many believe are the only thing keeping the house of cards propped up because of the petrodollar . And as to the rise in bond prices that you brought5 up, as I stated earlier that this is only due to privately owned firms owned by who-the-hell-knows(but I suspect they have a certain Red Shield as their owners) trying to keep the ponzi scheme going.

    Secondly and more importantly, all of the sovereign selling you referenced, were due entirely on the budgetary needs of countries such as Saudi, Brazil, etc, facing revenue declines related to falls in commodity prices. So therefore, the Primary Reserve Currency, which the dollar is, behaved precisely as a reserve ought to: providing relief when it is needed.

    Yes, and isn’t it funny that all the nations who are in dire straits right now are either part of BRICS or are threatening to join with them against the IMF. All those countries KNOW that they are being targeted and strong-armed by the IMF who are crashing their economies by rigging commodity prices to try to make them capitulate to the One-World Governance. “So therefore, the Primary Reserve Currency, which the dollar is, behaved precisely as a mob shake-down ought to: providing relief when it is needed from the crisis they created.

    http://money.cnn.com/2015/05/04/news/economy/russia-approves-brics-reserve-bank-imf/index.html

    http://money.cnn.com/2014/11/20/investing/goldman-commodity-manipulation-wall-street/index.html

    I cannot meaningfully comment on the subject of a Fed audit, it’s balance sheet, being literally an open book as it were. Candidly, I think they ought to “allow” it, if only to pacify frayed tempers; the caution transmitted by the Fed, has more to do with the possibility of a dysfunctional congress attempting de facto monetary policy and making a hash of it.

    No, the caution transmitted by the Fed of an audit has more to do with a bunch of crooks trying to keep their crime from being made public. Your “if only to pacify frayed tempers” line makes me think you are saying they should “allow” it only if they can control the investigation.

    [In that vein, I have been re-thinking my position on the gold standard vs. fiat money. Is it possible to have a hybrid? There might be, and it reduces essentially to establishing bounds for parity between gold and major currencies. More later.....]

    I think that this hybrid is sort of what China is doing. They want their Yuan/Renminbi to be gold backed but ONLY so that they can have more say in the IMF. It’s all posturing for more influence when the SDR created fiat global currency is put in place. China is not opposed to the IMF and global currency, they just want more say in it because the IMF will base China’s influence in the IMF on the power of a gold-backed Yuan.

    • Replies: @Junior
    , @Sam Shama
  227. Junior [AKA "Jr."] says:
    @Junior

    They ARE on the cards. It’s called the IMF.

    The IMF and the BIS(Bank for International Settlements)

    http://www.bis.org/about/index.htm

  228. Junior [AKA "Jr."] says:

    I do deny it your Honour [:-) ].

    The Prosecution rests, your Honour. ;)

  229. Sam Shama says:
    @Junior

    It is ALL about Perception. All it takes is a run by the top holders of the bonds to start an avalanche. And they have already begun. You talk about the trend of nations selling off their US debt in the “biggest decline in foreign official demand for U.S. notes and bonds since records began in 1978″ as if it is no big deal. Your statements about the US being the only sustainable market make absolutely no difference if the PERCEPTION of people is that the dollar is unsustainable. Their perception is of this because of the astronomical $19Tr debt with no end in sight of stopping, the 2008 crash in which the perpetrators of the robbery had absolutely no repercussions and absolutely no changes were made to the system, the massive selling off of debt by countries recently, the straining of relations with the villainous Saudi’s who many believe are the only thing keeping the house of cards propped up because of the petrodollar . And as to the rise in bond prices that you brought5 up, as I stated earlier that this is only due to privately owned firms owned by who-the-hell-knows(but I suspect they have a certain Red Shield as their owners) trying to keep the ponzi scheme going.

    It certainly has a great deal to do with perception.It is also about a holder’s ability to sell without causing a self-inflicted harm. Were the perceptions consistent with U.S.A’s inability to service debt, we would have seen the avalanche. What we have witnessed is the very opposite since 2008, when the fashion of debt-scolding first made appearance. At some point data and contrary experience ought to be a clue and persuade one that a re-evaluation is warranted. But no, that is too much to expect from the true believers, is it not?

    The main creditors, once again, are the intra-governmental portfolios, of which SS is the largest. If you insist on believing that the planet in the night sky is a wheel of swiss cheese, I hate to dissuade you [In other words this charge of "private buyers" reeks of inexplicable alarmism, for it matters little even if it were true]. Japan since the 1980s has had more pronounced debt levels to GDP, and a great many short sellers of Japanese bonds were the recipients of the “widow-maker” distinction. As the primary reserve, it is inevitable – as well the manifest ongoing experience – that short-sellers of U.S. treasuries will greatly cause the outnumbering of said Japanese widows.

    On the subject of a BRICS sponsored IMF type institution, you may have missed it, but the Fed actually is supportive of the idea. Commodity economies need strong reserve currencies, and a diversified portfolio is beneficial to all sovereigns. The critical qualification is a prolonged and demonstrably stable economy. When the BRICS reach that status, we shall see a natural diversification of sovereign portfolios – i.e. a more balanced global economy, an outcome that is eminently desirable.

    On the issue of the Fed audit, I really toil and tire to no avail. The intrigue is rather reminiscent of the habits of old spinsters who look under their beds ever night, in the fear, or rather in the hopes of finding a scoundrel.

    • Replies: @Junior
  230. Kiza says:
    @Sam Shama

    Dear Sam, with respect, your write up is a mish-mash of financial orthodoxies, establishment lies and truths. Since I personally feel challenged on my notion that the US is a runaway train heading for a cliff, I will provide a long response.

    Firstly, let me clarify that the US military budget, although partially hidden into various non-military looking allocations and appropriations, and amounting to a cool trillion per annum, by itself does not look likely to collapse the US economy. But it could be the proverbial straw thrown onto the camel’s back.

    Then, let me state the key concern which is likely to collapse the US financial system and its economy. It is debt. Now, you appear to subscribe to an utterly wrong postulate that only foreign debt matters. Instead, it is that the whole Western financial system is based on debt where the problem lies. I have written before and I repeat – the debt-based Western financial system was established when the West was going through industrialization. But the debt-based financial system is utterly useless and outright dangerous for a slow-growing economy of primarily services and outsourced manufacturing. Such economy cannot produce capital returns that money chases. This is why the financial speculation (not in the positive sense of arbitrage) becomes the main replacement for production and debt-based economy becomes an enabler of speculation. On top of this come the regulatory capture and revolving doors. The result is a crooked financial market and a crooked whole financial system. An army of financial whizzes speculates with financial instruments (various derivatives) instead of creating any real value. The first effect is the loss of accumulated value of ordinary citizens – the pensions.

    Secondly, on top of this, as long as the system keeps surviving somehow, most people laugh at bears who say – we cannot keep going on like this. Another way of saying this is – nothing succeeds like success and nothing fails like failure. It does not fail, it does not fail, but when it fails one day, then it will really fail to the core.

    The Fractional Reserve Banking, which is the main principle of a debt-based developing economy, does not fit the Western economies any more. For example, the Fractional Reserve Banking lays claims on the future value produced by the borrower, but in a slow-developing mature economy the new value is added too slowly. The debt creation is too fast, the value creation is too slow, a huge pyramid of debt has been built. The pyramid must collapse one day. No-one can produce the value of paper promises any more, neither developed countries, nor developing countries. The amount in derivatives exceeds the total World economy several times over. It is a mountain of paper, which no real assets can back up.

    Finally, Sam, the worst fact is that the Western/US financial system has no feedback/corrective loop – it can only go in one direction. On top, every day that it survives is used as a proof of its survivability. But every day things only get worse, closer to the cliff, whilst the trains passengers are having one hell of a party inside, sharing huge bonuses and enjoying the good times flowing.

    I have a belief that the biggest societal leeches are, in the diminishing order of danger:
    1) banksters,
    2) military industrial propaganda complex,
    3) big pharma and medical and
    4) all other bought monopolies (private prisons, private airports, roads, telecommunications etc).
    But only the banksters can collapse the whole society and they will due to their blind greed.

  231. @Kiza

    Kisa, I think the cliff that you refer to is of the type that can also be likened to Seneca’s Cliff. When triggered, the resulting chaos will keep the US population occupied and be an ideal time to deploy military assets to achieve geopolitical goals for the neocon zionazis. Finally, since the ultimate goal is global control, the greater heft that the US enjoys will then become a threat to this push and so would be neutralised via economic and social collapse.

  232. Sam Shama says:
    @Kiza

    Dear Kiza,
    I am glad you posted your comment as it gives me a passage to clear the air, better explain my positions and find agreement on many of the concerns you express. Let me address them in the order they appear:

    a mish-mash of financial orthodoxies, establishment lies and truths. Since I personally feel challenged on my notion that the US is a runaway train heading for a cliff

    Some of my views appear rather conservative, and so they may indeed be [I lose track of what is considered conservative today, tbh]; I do not count myself amongst those who believe that by merely destroying national institutions, we shall magically achieve great good. The U.S. in my estimate is caught in a flux, as much a creation of its own, as it is a legacy of periods past. I would rather not delve into that too much, as historians better than I can testify one way or another. To restate my thinking [to NtD] on this aspect, I firmly believe that whether or not one considers the actions of U.S. administrations imperialistic and warmongering [I do], one would be ill-advised to conclude that other nations, were they in the same position to expand influence, would merrily relinquish the moment; man’s history being the guide. Now NtD felt that this thinking is from an era past, and we should all appeal to the better angels of our nature. I could not agree more, that I too, like the Hobbit, cherish and yearn for the Shire [I once considered raising sheep in Scotland]; but the Orcs – always the Orcs – shatter that bucolic idyll, don’t they? The day might be yet when benevolent computer algorithms replace political catastrophes [5371, if you are reading this,do go gently]

    Firstly, let me clarify that the US military budget, although partially hidden into various non-military looking allocations and appropriations, and amounting to a cool trillion per annum, by itself does not look likely to collapse the US economy. But it could be the proverbial straw thrown onto the camel’s back.

    Here, the penny dropped. I understood the cause of Alexander’s distress. I reckon it was his belief that I was simply concealing military expenditures and labelling them social security or something else. No, I did not..

    Of course the $1 tr or so of our budget goes to feed the MIC and its bloody wars!

    I hope I don’t require ritual incantations to establish my abhorrence. So getting on with the task of dis-entanglement, the $1 Tr or so we are feeding the MIC, should without a shred of doubt be better spent – far far better – on U.S. infrastructure and its kind. That expenditure needs to be financed, which is where the SS Trust among others, come in with their purchase of treasuries. SS actually takes in more current tax revenues than its needs and saves those surpluses in TBonds – the largest tranche [alexander hold your horses] amongst intra-governmental holdings.

    So, again, do I believe that MIC spending should be diminished and instead we should build roads, internet backbones, fund meaningful education, fund health insurance gaps etc? Unquestionably.

    Will the military spending kept at a 5-6% of gdp cause us ruin? No. Simply because at those levels they act as demand multipliers [I know, I know].

    Now, Some important things regarding the Debt question; I can hopefully put people’s minds to rest by noting:

    (1) It matters not how projects/assets/enterprises are financed: they can be debt financed 100% or any combination of debt and equity [in the case of public goods taxes] . It only matters if the enterprise itself is generating sufficient real returns [ a car will run the same whether you pay the price for from your current income or it is loan financed]. In the larger context of the U.S. nominal gdp is running at around 3.1% and public sector debt costs a nominal 1.4% on a duration weighted basis. So we are very far from panic stations. I do agree with Kiza that if we end up at a point where 20% of our gdp is spent on the MIC we might destroy our productive capacity, which will cause hyperinflation; yet we are very far from it, and should that eventuality arise, the whole world will quake.

    (2) As the Gross Federal Debt held by the public, or the total Federal Debt to GDP ratio have risen:

    (i) https://research.stlouisfed.org/fred2/series/FYPUGDA188S or
    (ii) https://research.stlouisfed.org/fred2/series/GFDEGDQ188S

    the household debt to gdp has fallen during the same period:

    (iii) https://research.stlouisfed.org/fred2/series/HDTGPDUSQ163N

    and corporate credit in Non-financial sector has also fallen since the recession

    (iv) https://research.stlouisfed.org/fred2/series/NCBCMDPNWMV

    Taken together, these trends tell us that while public sector debt has risen, it has been offset by equal value reductions in household debt and corporate debt. Such are the actions of automatic stabilisation.

    The Fractional Reserve Banking, which is the main principle of a debt-based developing economy, does not fit the Western economies any more. For example, the Fractional Reserve Banking lays claims on the future value produced by the borrower, but in a slow-developing mature economy the new value is added too slowly. The debt creation is too fast, the value creation is too slow, a huge pyramid of debt has been built. The pyramid must collapse one day. No-one can produce the value of paper promises any more, neither developed countries, nor developing countries. The amount in derivatives exceeds the total World economy several times over. It is a mountain of paper, which no real assets can back up.

    I am fine with having a deposit banking system run exclusively through the postal services, and loan creation is allowed according to strict equity capital requirements; in other words a pure utility model. In fact I think it will be beneficial in the sense that banks will be no longer allowed to play with depositors equity cash and be left with the devices of the market to raise equity at much steeper costs than what they enjoy now on the back of the taxpayer. It will cause the collapse of Goldman Sachs, JP Morgan, BoA, Wells, and a host of others [all derivatives valuations will go to naught], The Fed and treasury need to ensure that ATMs work [they can easily do this, especially if all money is electronic] and loans are serviced via the utility bank mentioned earlier.

    I am afraid we have not the political nor the social will to take this risk at the moment; and I think I wrote far more than I intended at the start!

    Final Note: The ills of the public body have more to do with Wealth mal-distribution than anything else. This is in no small measure the result of regulatory capture. Vote for Sanders or Trump.

    • Replies: @geokat62
    , @Talha
    , @Junior
  233. alexander says:
    @PokeTheTruth

    Speaking of being “shaken awake to see through the veil of false threats”,have you had an opportunity to read Rebecca Gordon’s latest expose’ for Tomsdispatch:

    “The Al -Qaeda leader who wasn’t: The shameful ordeal of Abu Zubaydah”.

    In a nutshell, the guy that every Neocon and his uncle, defrauded us into believing was the number two(or three) mastermind of 9-11, turned out not only to NOT be involved , at all, in this horrific attack on our soil, ….he was not even a member of Al-Qaeda.

    And to think, at the time, I was “cheering” when they caught him .

    If this story does not pull back the curtain on the “Fatuousness of evil” that is the hallmark of our Neocon stewardship , nothing else does.

    All told (?), 81 million dollars of taxpayer money was spent designing, preparing , and nurturing a system of illegal psychological debasement and torture ….so that it could be administered, quite sadistically,to ……”the guy that never attacked us”.

    Yes,

    almost one hundred mil, in “simulated drowning”, “eyeball gouging (?)” , “wall slamming” ,and “crating”….”the wrong guy”.

    Talk about getting the facts “wrong”.

    Welcome to “Neocon America”,

    Where draining our coffers, illegally torturing the guy who didn’t do it…..as well as illegally invading and destroying an entire country that never attacked us..are their “highest” priorities.

    What a train wreck .

    What a “19 trillion” national debt…train …..wreck.

    • Replies: @Carroll Price
  234. geokat62 says:
    @Sam Shama

    So, again, do I believe that MIC spending should be diminished and instead we should build roads, internet backbones, fund meaningful education, fund health insurance gaps etc? Unquestionably.

    With all due respect, Sam, it matters not a whit what you believe regarding MIC spending. What matters is what the Lobby believes… and I think this quote by the father of the cofounder of PNAC neatly sums things up:

    Senator McGovern is very sincere when he says that he will try to cut the military budget by 30%. And this is to drive a knife in the heart of Israel… Jews don’t like big military budgets. But it is now an interest of the Jews to have a large and powerful military establishment in the United States… American Jews who care about the survival of the state of Israel have to say, no, we don’t want to cut the military budget, it is important to keep that military budget big, so that we can defend Israel. – Irving Kristol

    What’s the community doing to challenge the Lobby on this policy position… or are most of you covertly on board? Oh, and remember, Sam, if you’d like to elicit a response from me that’s sans “the dumb goy,” please try not to insult our intelligence with an “AIPAC-image-makeover” kind of response.

    • Replies: @Sam Shama
  235. Sam Shama says:
    @geokat62

    I don’t think the “community” had any idea re: the “father of PNAC.”

    The “community” does what most ordinary people do. Work, raise families, vacation in FL, watch the debates etc. Repeat sequence.

    Also most of them really don’t obsess over Israel.

    What would you ask basically ordinary Americans to do?

    Covertly I am all for the lobby. The one I am sitting in at the moment, that is: Fontainebleau Miami.

    Happy Passover Geo. Oh wait!

    • Replies: @geokat62
  236. Talha says:
    @Sam Shama

    Dear Sam,

    I have generally been a follower of the Rothbardian school on a good chunk of economic issues, but this last post of yours was well balanced and well argued in my opinion.

    Thanks for presenting another side of the coin.

    May God preserve you and yours and grant us wisdom in mapping out our financial policies.

    • Replies: @Sam Shama
  237. @stickman

    A Rothschild is at the nexus of the Syrian war –

    According to comments by Liza, on SicSemperTyrannis,

    sourced from http://en.kremlin.ru/events/president/news/51765

    several days before Obama announced that USA would send 250 more “advisors” to Syria to “defeat ISIS,” Netanyahu met with Putin to lay down Israel’s “red line” — Israel demands to maintain the Golan, there being oil in them hills:

    The Golan has recently become much more valuable real estate: potentially-lucrative oil and gas reserves.
    Genie Energy, owned by
    Nat Rothschild,
    has begun exploratory drilling in the Golan. Genie’s board of directors include
    Dick Cheney,
    Larry Summers,
    Rupert Murdoch,
    James Woolsey,
    Bill Richardson and
    Mary Landrieu.

    American soldiers are bleeding and dying, and American taxpayers paying, so that Israel can develop resources on stolen land and share their ill gotten loot with the lowest of America’s so-called elite.

  238. geokat62 says:
    @Sam Shama

    I don’t think the “community” had any idea re: the “father of PNAC.”

    Not according to Philip Weiss:

    Many writers, including Joe Klein, Jacob Heilbrunn, and Alan Dershowitz, have said the obvious, that neoconservatism came out of the Jewish community. And I have long written that the Jewish community needs to come to terms with the degree to which it has harbored warmongering neoconservatives, for our own sake.

    Happy Easter, Sam.

  239. geokat62 says:

    Here’s another excellent piece from Mondoweiss. Miko Peled, author of The General’s Son, underscores my hypothesis that the source for change must come from the bottom-up, not the top-down:

    [MORE]

    Michael Smith asked Peled about Hillary Clinton. Peled said, nothing will change under a Clinton administration.

    I don’t think she has a position, I don’t think she cares. She follows the party line because that’s what she needs to do to get elected and that’s what she needs to get AIPAC support… The change will come from the bottom up. So to expect that an American president will somehow change American policy in the Middle East is not realistic. It doesn’t matter if it’s her or it’s Trump or it’s anybody else. An American president will change American policy only when the reality on the ground is such that politically they have no choice.

    The day American politicians feel they don’t have to bow to AIPAC, that they don’t have to support Israel and provide Israel with a blank check every year– that will be the day that things change.

    He went on to say, the politicians don’t do it because they love Israel or they care about it or the “mythoology” that it’s in the US strategic interest or that we share values.

    This has to do with internal American politics, it has to do with AIPAC. And the day that they [politicians] can feel … that they have to do the right thing, they will do the right thing, being politicians.

    I.e., it’s about the lobby and the establishment…

    The change must come from the ground, from the grassroots, doing organizing.

    It’s important for people to stop talking about the occupation or the occupied territories.. as though they are limited parts of Palestine…. All of Israel is occupied Palestine, all of Israeli cities and towns are illegal settlements. And we have to start talking about it in those terms, otherwise we will never reach a solution, which relies on understanding this, and accepting the fact that we need to push for a transformation and the establishment of a democratic regime in Palestine.

    http://mondoweiss.net/2016/04/sanders-put-everything-on-the-line-for-palestine-because-bds-movement-has-changed-us-conversation-peled/

    • Replies: @Sam Shama
    , @SolontoCroesus
  240. Sam Shama says:
    @Talha

    Dear Talha,

    Although I have not formally studied Austrian economics [offerings being rather sparse in most traditional schools on both sides of the pond], I am familiar enough with the general approach to be able to offer some comparative perspective. My analysis is neo-Keynesian. Keynes was a giant, and recognised as such by even his bitterest contemporary and latter day rivals [Hayek, Friedman etc]. Paul Samuelson’s writings are really the formal basis for much of what is practised in modern institutions, although the labelling changes with the years. For example, the co-ordinated monetary experimentation by the CBs trace their origins in Samuelson’s thoughts; and Samuelson called Keynes his intellectual lighthouse. He was a logician par excellence and an unabashed pragmatist, that second quality often misunderstood by many today.

  241. Sam Shama says:
    @geokat62

    Hi Geo/RobinG,

    Possibly interesting update:

    For the Seder service this year, we went to one arranged by several synagogues in Miami [I was not fully informed of the complete cast].

    It was something of a head spinner, and not just for the reason of Manischewitz on an empty stomach; present were the expected spectrum of Jews, ranging from the slightly irritated secular [eyeing the chabadniker provided matzoh suspiciously] to the orthodox [determined to teach the secular a good lesson by insisting on reading every word of the texts, prior to food being allowed on the table].

    I was mostly taken aback by about a twenty percent of the table, constituted in equal parts, by Hagee acolytes, Latinos and African Americans; AIPAC’ers all it seemed!

    I approached extra-topical conversation rather gingerly to be honest, fearing retaliation, but cannily recommended the UR as a must read.

    Now it is up to you.

  242. RobinG says:
    @Sam Shama

    !!!! Is there an emoticon for a deer in the headlights? Not much pressure :)

    The Hagee acolytes particularly get under my skin. The year I went to the CUFI conference with a sign “Your support for John Hagee is your ticket straight to Hell” was perhaps not one of my better moments. But when some of the young conferees started agreeing with me….

    “Don’t you think the Ten Commandments, i.e. Thou shalt not Steal. Thou shalt not Kill, etc., might trump some obscure prophecy (and BTW, God doesn’t need your help if it’s a prophecy). And if you’ve killed and stolen or aided and abetted same, if there is a “Rapture” you might not be scheduled for the up escalator…”

    ….they (Hagee) gave me a personal minder to prevent the young and impressionable from hearing that. (“Move along, the session is beginning, nothing to see here…”)

    • Replies: @Sam Shama
  243. @geokat62

    Interesting, but what “bottom” polity is Peled referring to — the Jewish community or the American community?

    And what is his ultimate purpose; what does he hope to redeem — Israel or the integrity of US politics and international policy?

    Some of these distinctions were highlighted in a joint appearance with Phil Giraldi and Miko Peled at Busboys & Poets last year –

    Note how Peled called for US activism to resolve the Palestine conflict, while Giraldi insisted that from his point of view, with which I agree, the goal of American activists is to extricate Israeli’s and AIPAC/Israel lobby’s malign influence on US foreign and domestic politics and policy.

    I suppose you might argue that this is a difference without a distinction, geokat62, but I thought it was important when I heard Giraldi make the claim. It’s particularly important when you realize the vast disparity in resources, in awareness, and commitment non-Israelish activists have to bring to the arena.

    That disparity was in evidence a few days ago when Alison Weir gave a couple of talks here in Florida. Weir’s presentation, based on her book, Against Our Better Judgment

    is powerful and informative.

    The audience was composed of about 2/5 Muslims from the community; 2/5 members of a Christian congregation many of whom have been to Israel-Palestine with their pastor; and 1/5 former IDF soldiers and/or Israeli hasbarists.

    The Israelis dominated the Q and A part of the program; Weir handled their barrage of questions which approached harassment with aplomb, but there was little support for her nor for a strictly pro-American pov from the audience. It occurred to me as I drove home that no US soldiers were in the audience, and that the IDF members made claims amounting to the necessity of IDF to protect American interests — US forces being incapable of performing those duties.

    For all the effort the Christian church members brought to the effort, they were dismally uninformed on the easily refutable claims the IDF group raised. The Christian group was mostly older people who have been generous and earnest in seeking to right a wrong but who have not yet plumbed the foundations of the distorted beliefs that they have been propagandized with all their lives.

    PS (edit update) this was prepared before Sam Shama’s comment, above, was posted; I saw Sam’s Miami seder experience in the 4-min edit period. Great minds, same channel, or maybe it’s something about FL

    • Replies: @Alison Weir
    , @Anonymous
  244. RobinG says:
    @Sam Shama

    Almost forgot, 2 interesting articles …

    Freedom House, that agent of democracy-mongering, occasionally does something good –

    http://www.jta.org/2016/04/27/news-opinion/israel-middle-east/sheldon-adelson-funded-newspaper-costs-israel-in-freedom-of-the-press-ranking

    Sheldon Adelson-funded newspaper costs Israel in freedom-of-the-press ranking

    This piece on StandWithUs is riddled with useful nuggets.
    Interesting their take on J-Street, which sits uncomfortably in the middle, disparaged from both sides. However J-Street my fall short of (our) goals, they are a very useful element in the mix. IMO they’re (however marginally) on our side in the scrum. It’s only if we approach the goal that we my turn on each other. Which is not to say there isn’t some jostling meanwhile.

    http://www.haaretz.com/misc/article-print-page/.premium-1.709014

    The commander behind the pro-Israel student troops on U.S. college campuses

    • Replies: @SolontoCroesus
  245. @Sam Shama

    I approached extra-topical conversation rather gingerly to be honest, fearing retaliation, but cannily recommended the UR as a must read.

    Now it is up to you.

    As noted above, IDF soldiers, as well as several other young people who self-identified as Jewish, were in the audience when Alison Weir spoke. One young Jewish man that I talked to said that he was a “rising sophomore” at university, and that he switched his major from psychology to journalism “because he didn’t want to go to grad school right away” after completing a psychology major. None of the IDF members or their co-ethnics were harmed; rather, they enjoyed their fill of pizza provided by the Muslim sponsors of the event.

    On the other hand, when Americans, like Rachel Corrie; or British nationals, like Tom Hurndall https://en.wikipedia.org/wiki/Tom_Hurndall support Palestinians in peaceful protest against Israeli behavior, they end up dead.

    How many Jews have ended up dead at the hands of US police or military in the course of an AIPAC event?
    (Answer: On Mar 21, 2016, when AIPAC came to DC and Americans organized a protest march, DC police protected the convention center and AIPAC attendees and arrested peaceful protesters.)

    http://dailycaller.com/2016/03/21/anti-israel-protests-turn-violent-at-aipac-conference-video/

    When the Presbyterian church USA leadership held a church council to consider divesting from settlement-linked corporations, Jewish rabbis and Jewish lobbyists were all over the meeting, intimidating the Presbyterian membership.

    How many Christians attend high-level, decision-making confabs of the Conference of Presidents of Major American Jewish Organizations?

    Now it is up to us, Sam?
    Is that your endorsement of An Eye for an Eye? http://www.theatlantic.com/daily-dish/archive/2010/06/a-blinded-american-ctd/186361/

    • Replies: @Sam Shama
  246. @RobinG

    Great article, RobinG, thx.

    Stand With Us has 80 lawyers on standby.
    Bet your bottom dollar those lawyers also help other StandWithUs activists to make themselves judgment-proof by setting up trusts and other devices to shelter their assets against the same kind of law fare warfare that StandWithUs attacks others — individuals, institutions and nations — with.

    Does the non-Jewish American activist community have such a resource?

    The article notes that Rothstein’s husband was a marketing professional and is now her partner in their org.
    There are lots of young people graduating from universities with marketing and communications degrees; they’re talented and creative.

    What would happen if non-Israelish American activists hired such a young person or company to prepare a marketing campaign to inform fellow Americans of the harm done to US interests by groups like StandWithUS?

    Dead end. They’d never work again.

    Isn’t there something wrong with that scenario, that a young, talented American would be punished by zealots for a foreign entity if those Americans dared to use their skills and talent to speak out on behalf of their own nation?

  247. Sam Shama says:
    @RobinG

    I went to the CUFI conference with a sign “Your support for John Hagee is your ticket straight to Hell”

    I could say “You are a better man than I am, Gunga Din”, but I think “have you lost your mind!” is more apropos! ;-)

    Reading the StandWithUs piece…..

  248. Sam Shama says:
    @SolontoCroesus

    My ending line, which you paraphrase to good effect, was meant as a bit of a teaser for geokat62, who is a dedicated individual fighting for Justice. My efforts are directed more towards the membership of my own congregation, which, on a happy note, is surely experiencing the beginnings of emancipation from the ritual burnt offerings at AIPACs altar. No withdrawal symptoms as far as I can detect.

    It is certainly up to us, from each according to his ability.

    P.S. “An eye for an eye” had effectively been ruled out from the time of the Sanhedrin, which is why the Israeli Supreme Court does not allow capital punishment [since Eichmann], in stark contrast to some countries. The IDF leadership is another matter altogether.

  249. Junior [AKA "Jr."] says:
    @Sam Shama

    It certainly has a great deal to do with perception.It is also about a holder’s ability to sell without causing a self-inflicted harm.

    Your statement about selling without causing self-inflicted harm is duly noted, however there is also the self-inflicted harm of continuing to buy into a system that has absolutely no chance of sustaining itself due to the unfettered debt accumulation. The staggering amount spent on paying interest on an astronomical debt that is IMPOSSIBLE to pay back is becoming an unbelievably serious problem.

    Were the perceptions consistent with U.S.A’s inability to service debt, we would have seen the avalanche. What we have witnessed is the very opposite since 2008, when the fashion of debt-scolding first made appearance. At some point data and contrary experience ought to be a clue and persuade one that a re-evaluation is warranted.

    It is YOU that needs to re-evaluate. We have NOT seen the very opposite of the perception of inability to service debt, we have seen the exact opposite. In the 8 years since 2008, the last 3 has seen the trend of countries selling off massive amounts of US debt. The “biggest decline in foreign official demand for U.S. notes and bonds since records began in 1978.″ At some point data and contrary experience ought to be a clue and persuade one that a re-evaluation is warranted.

    The main creditors, once again, are the intra-governmental portfolios, of which SS is the largest. If you insist on believing that the planet in the night sky is a wheel of swiss cheese, I hate to dissuade you [In other words this charge of "private buyers" reeks of inexplicable alarmism, for it matters little even if it were true].

    You are completely missing the point of what I said. From the article I posted earlier: “So even though central banks are dumping U.S. debt, there’s plenty of demand for it from private investors.” http://money.cnn.com/2016/02/17/news/economy/china-us-debt-dump-central-banks/index.html The point is that these “private investors” are buying up the debt and that is the only reason that bond prices have not plummeted. We are talking about bond prices, NOT who is the largest creditors. The “alarmism” is whether or not these “private investors” that are trying to prop up the bond market artificially are nothing more than fronts for the privately owned criminal enterprise FED, instead of the FED doing it directly which would cause an even greater selling off of bonds. So your attempted insult about me insisting “on believing that the planet in the night sky is a wheel of swiss cheese”, makes absolutely no sense. As anyone with two-eyes and a half-a-brain knows, it’s CLEARLY made out of Gouda. ;)

    Japan since the 1980s has had more pronounced debt levels to GDP, and a great many short sellers of Japanese bonds were the recipients of the “widow-maker” distinction.

    Without a doubt I believe that Japan is in just as much trouble as the US is in terms of unsustainable debt. I believe that the GDP to Debt ratio that you mention however is a false-indicator. The Debt to Revenue ratio is the TRUE measure of a countries ability to pay down debt.

    http://www.forbes.com/sites/jeffreydorfman/2014/07/12/forget-debt-as-a-percent-of-gdp-its-really-much-worse/#352a6c916e0c

    http://www.theguardian.com/business/2013/jun/09/eurozone-crisis-debt-income-ratios

    http://www.visualcapitalist.com/by-this-measure-the-u-s-has-the-2nd-highest-national-debt/

    On the subject of a BRICS sponsored IMF type institution, you may have missed it, but the Fed actually is supportive of the idea.

    I’m not surprised in the LEAST that the treasonous FED is supportive of actions that are not in our Nations interest. The owners of the Fed WANT a global currency and the formation of BRICS is nothing more than a step in their agenda of achieving a global currency. BRICS is a safe-haven for them to park their burglary loot, from robbing our Home, in for the transition period between when they crash the US economy and when the global currency is put in place.

    Commodity economies need strong reserve currencies, and a diversified portfolio is beneficial to all sovereigns. The critical qualification is a prolonged and demonstrably stable economy. When the BRICS reach that status, we shall see a natural diversification of sovereign portfolios – i.e. a more balanced global economy, an outcome that is eminently desirable.

    You should tuck in your Globalist undershirt, Sam. It’s showing.

    On the issue of the Fed audit, I really toil and tire to no avail. The intrigue is rather reminiscent of the habits of old spinsters who look under their beds ever night, in the fear, or rather in the hopes of finding a scoundrel.

    You seem pretty proud of your never-ending toiling to keep transparency from the American People. You should be ashamed, not bragging about it. It really is quite sad, Sam.

    • Replies: @Sam Shama
  250. Junior [AKA "Jr."] says:
    @Sam Shama

    I could not agree more, that I too, like the Hobbit, cherish and yearn for the Shire [I once considered raising sheep in Scotland]; but the Orcs – always the Orcs – shatter that bucolic idyll, don’t they?

    Though I agree with your comparison, sadly I have a feeling that Tolkein might’ve asked you to reconsider your Hobbit analogy. ;)

    More than three decades after publishing “The Hobbit,” Tolkien spoke about the Jewish-dwarvish connection during a BBC interview.

    “I didn’t intend it, but when you’ve got these people on your hands, you’ve got to make them different, haven’t you?” said Tolkien during the 1971 interview. “The dwarves of course are quite obviously, wouldn’t you say that in many ways they remind you of the Jews? Their words are Semitic, obviously, constructed to be Semitic. The hobbits are just rustic English people,” he said.

    http://www.timesofisrael.com/are-tolkiens-dwarves-an-allegory-for-the-jews/

    • Replies: @Sam Shama
  251. Sam Shama says:
    @Junior

    The staggering amount spent on paying interest on an astronomical debt that is IMPOSSIBLE to pay back is becoming an unbelievably serious problem.

    Its late, and I have to keep this as brief as possible. Numbers and relative quantities are of the essence; not hyperbole ["IMPOSSIBLE", "staggering" etc]. I have noted re: this “trends for selling massive amounts ” fairly recently and you chose to ignore it. [a few hundred billions in a market for tens of trillions is not ...... etc]

    http://www.unz.com/article/the-war-against-the-world/#comment-1398859

    You are completely missing the point of what I said. From the article I posted earlier: “So even though central banks are dumping U.S. debt, there’s plenty of demand for it from private investors.” http://money.cnn.com/2016/02/17/news/economy/china-us-debt-dump-central-banks/index.html The point is that these “private investors” are buying up the debt and that is the only reason that bond prices have not plummeted. We are talking about bond prices, NOT who is the largest creditors.

    I did not miss your point. I think, once again you are flying dangerously close to the ledge by implying some sort of privately fuelled debt demand. Whether it is or it isn’t true is irrelevant [I happily concede that private money is buying the debt]. When you say that “it is the only reason why prices are not falling”, you are grasping at straws. Firstly it isn’t true [I live and breathe in these markets....I know another insult coming my way]: European sovereign accounts are buying our bonds, as are private investment funds, insurance companies and pension accounts. The price of our 10-year treasury [as I write this stands at 1.85%] and this is what it has done over the past years:

    https://research.stlouisfed.org/fred2/series/IRLTLT01USM156N

    Prices of bonds have risen. Again anger and an appeal to conspiracy, will not be credible in a market for tens of trillions. Understand this: the most astute investors like Buffet and Jeff Gundlach are buying UST, If they thought that a conspiracy is afoot and will cause great losses in the future they would not buy bonds. Period!

    I was not looking to insult you. Just a bit of irony, which seemed appropriate.

    I believe that the GDP to Debt ratio that you mention however is a false-indicator. The Debt to Revenue ratio is the TRUE measure of a countries ability to pay down debt.

    Fatally flawed argument. These hacks [you referenced from CNN money] who write such unmitigated rubbish should not be a substitute for sound reasoning. I have said this before, even Debt/GDP is not a good indicator, however since it is used extensively, it has attained some relevance. Yet it suffers from the flaw of mixing a stock concept [debt levels] with a flow concept [GDP]. Apples divided by oranges. Revenue to Debt is far worse; for the same reason. What you should be looking at is Revenue to Interest costs [both flow concepts], which goes directly to the question of the yearly deficit, which has done this:

    https://research.stlouisfed.org/fred2/series/FYFSGDA188S

    Gone from a -10% in the depths of the 2008 crisi to -2% currently. So please spare me the analysis of the CNN pundits.

    You should tuck in your Globalist undershirt, Sam. It’s showing.

    Is it really? I am an unrepentant Keynesian, and following his advice has been rather good for me I might note. Keynes was – if you were unaware of this – the original proponent of fair trade and not just free trade. I stand my ground and that undershirt most certainly does not show ;-) . [Have you tried http://www.untuckit.com/ ? They are really rather tops!]

    You seem pretty proud of your never-ending toiling to keep transparency from the American People. You should be ashamed, not bragging about it. It really is quite sad, Sam.

    Oy. Unwittingly, you are exhorting the American people to look for demons, when time would be better spent understanding real economics not reflexology; or was it praexeology?

    I wish you a good evening for now.

    • Replies: @Junior
  252. Sam Shama says:
    @Junior

    I possess a thick skin ;-) for these things. I also happen to love apfelstrudel and listening to Wagner [although in all fairness Wagner had many a Jewish friend]

  253. @SolontoCroesus

    @Gramps — I’m glad whoever this is was at my event, and I appreciate his kind words about my response to the IDF continent. However, I feel he underestimated the church members in the audience when he wrote: “there was little support for her nor for a strictly pro-American pov from the audience.”

    Actually, while the information I presented was quite new to many church members (not all, since some had already read my book), it was clear that there was considerable interest and receptivity. In point of fact, most bought my book, asked me to sign it, and indicated their wish to learn more. I rode with them in the church bus back from the event, where we had even more time to talk, and some came to a dinner the following night.

    However, I agree with Gramps that this kind of information is rarely disseminated and therefore little known. There is a great effort to prevent people from learning it; witness the attacks by JVP et al that followed the publication of my book.

    Happily, despite such ongoing efforts, the information is getting out, and follow-up events by church members were already being planned before I left.

    • Replies: @geokat62
  254. Anonymous • Disclaimer says:
    @SolontoCroesus

    I guess I fall into your category as one the “Christian church members/older people” that was in the audience at UCF. I don’t agree the Israelis dominated the Q and A. Alison’s presentation, based on facts, obviously caused them a lot of heartburn which it should. Although not saying so I’m sure they were all biting their toughs wanted to call her anti-Semitic which is the normal response when facing factual data of Israelis brutality of others. Given that, all they could do is attempt to discredit her by using some false accusations from JVP, Jewish Voices for Peace.

    However, I think there were many comments made from the Muslim community. Most were very appreciative of Alison exposing the truth of the human rights violation imposed on the Palestinians while the US taxpayers pump billions of $$$ to fund it and our Zionist press covers it up.

    As far as little support for Alison from the audience, this was a Q and A session. Alison didn’t an excellent job replying to the questions and we didn’t feel it was appropriate to add to her comments.

    No doubt all of us (including the older club) have been “propagandized with all their lives” but fewer and fewer people are buying it. Especially when some serious money is coming out of our pockets to fund it and when the Israeli government murders our sailors and our government does everything they can to cover it up. Aka USS Liberty. I have no doubt that if the Israeli’s blew up one of our navel carries today our President and congressmen would react in the same manner. Given the state of our political system $$$ rule. If it’s a choice between any number of dead sailors or soldiers or risking the loss of campaign contributions from AIPAC, it’s an easy choice. Just ask any of the survivors of the USS Liberty.

  255. geokat62 says:
    @Alison Weir

    There is a great effort to prevent people from learning it…

    Ms. Weir, you and a few others have been doing the heavy lifting, furnishing the American people with this vitally important information. But you’ve been lacking the foot soldiers who play the crucial role of engaging in hand-to-hand combat… metaphorically speaking, of course.

    All I’d like to assure you of is that a few of these foot soldiers are on their way to join in this important battle that you, with the help of a few others, have been waging so valiantly.

    • Replies: @iffen
  256. iffen says:
    @geokat62

    a few of these foot soldiers are on their way

    What color are their shirts?

    If they are soldiers they have to have uniforms.

    If there are no uniforms then it must be guerrilla warfare.

    • Replies: @geokat62
    , @Alison Weir
  257. geokat62 says:
    @iffen

    If they are soldiers they have to have uniforms.

    You must have missed the metaphorical part… and I specifically included it for people the likes of you. Oh, well, better luck next time, I guess.

    • Replies: @iffen
  258. iffen says:
    @geokat62

    Ahh yes, metaphors and butterflies; the bread and butter; the meat and potatoes; the stock in trade of the esoterical, Ghost Dancing millenarians.

    I see the truth now.

    My eyes! My eyes! Wink. Wink.

  259. @iffen

    @geokat62

    …But you’ve been lacking the foot soldiers who play the crucial role of engaging in hand-to-hand combat… metaphorically speaking, of course.

    All I’d like to assure you of is that a few of these foot soldiers are on their way to join in this important battle…

    Thank you – your meaning was clear and very welcome! It will take all of us, and our ranks are growing.

  260. Junior [AKA "Jr."] says:
    @Sam Shama

    Numbers and relative quantities are of the essence; not hyperbole ["IMPOSSIBLE", "staggering" etc].

    Unless you happen to have $20Tr of Lincoln or Kennedy Greenbacks tucked under your mattress(by the way, you wouldn’t happen to know whether untuckit.com carries bed-sheets as well as shirts, would you? ;) ), my use of the word “impossible” is anything but hyperbole. It is IMPOSSIBLE( ;) ) to pay back the debt because every dollar created by the Fed is debt itself because of the interest rate that the fractional-reserving-criminals charge us.

    I am an unrepentant Keynesian

    Now, I’m no economist, but what the HELL does you being from the African country of Kenya have to do with this conversation? :)

    These hacks [you referenced from CNN money] who write such unmitigated rubbish should not be a substitute for sound reasoning.

    I purposefully tried to use only mainstream articles from people who have been indoctrinated in the Keynes debt-is-good BS instead of “alternate” web sites because I knew you would use this line of defense. All for naught it seems. Perhaps instead you might respect what Moody’s and also Anthony Crescenzi who is PIMCO’s Senior VP, Strategist, and Portfolio Manager for PIMCO, the worlds largest bond-fund manager, have to say about our system’s sustainability and the “Keynesian Endpoint”(a graphic for the Keynesian Endpoint which uses Debt to Revenue ratios for any interested http://www.addogram.com/2012/12/visualizing-the-keynesian-endpoint/ )

    From the article which I’ve posted below:

    http://www.bloomberg.com/news/articles/2010-06-08/pimco-s-crescenzi-sees-keynesian-endpoint-with-balance-sheets-exhasuted

    Nations have reached a “Keynesian endpoint” as exhausted balance sheets leave policy makers with few options to bolster economic growth, according to Anthony Crescenzi, an investor at Pacific Investment Management Co., the world’s largest bond-fund manager.

    “Time, devaluations, and debt restructurings might be the only way out for many nations,” Crescenzi wrote in an e-mailed note titled “Keynesian Endpoint” that referenced the Great Depression era economist John Maynard Keynes. Debt-fueled spending programs aimed at combating the global financial crisis of 2008 are among policy tools now “being seen as a magic elixir that has morphed into poison.”

    So a VP from the worlds largest bond-fund manager, who has said in the past that the question of our age is “If the U.S. is backing its financial system, who is backing the U.S.?“, also says that we have reached a level of unsustainability.

    U.S. finances have been “substantially worsened by the credit crisis, recession, and government spending to address these shocks,” Moody’s analysts led by Steven A. Hess wrote in a report on May 25.

    The ratios of general government debt to GDP and to revenue are deteriorating sharply, and after the crisis they are likely to be higher than the ratios of other Aaa-rated countries,” according to the analysts.

    So it seems that the “hacks” from CNNmoney aren’t the only ones that are looking at the Debt to Revenue ratios. Moody’s, one of the Big Three credit rating agencies that provide analysis for banks and financial institutions worldwide, uses the Debt to Revenue ratios in their analysis so stop with the “it’s only hacks using it” nonsense.

    And from the end of the article we get a glimpse into who is buying up the US debt from countries:

    Pimco had $1.07 trillion assets under management as of March 31 and is a unit of Munich-based insurer Allianz SE.

    PIMCO, the worlds largest bond-fund manager, is owned by Allianz SE. So I did a search to see who owns Allianz SE and… SURPRISE SURPRISE it’s controlled by the Rothschilds. So the “private investors” that are propping up the bond-prices and keeping the FED ponzi scheme going are controlled by the Rothschilds.

    The deal will see Paris Orléans, the Rothschild Group’s holding company, buy the minority stakes in its subsidiaries, including N.M. Rothschild & Sons, the investment bank based in London, and the group’s French asset management business, according to a company statement released on Wednesday… David de Rothschild will become chairman of PO Gestion, a limited partnership that will control the newly combined firm. ‘‘It will allow the group to meet better the requirements of globalization in general and in our competitive environment in particular, while ensuring my family’s control of the group over the long term,’’ he said in a statement… Under the terms of the deal, Paris Orléans will combine Rothschild & Cie Banque, the group’s French businesses, with Rothschilds Continuation Holdings, a company based in Switzerland that controls the firm’s international holdings… Allianz, the German insurance and asset management company, said it would remain a long-term shareholder in Paris Orléans.

    http://dealbook.nytimes.com/2012/04/05/rothschilds-to-combine-french-and-british-assets/

    On page ten of this pdf from Rothschild & Co. you will see Allianz’s Paris Orleans share ownership http://www.rothschildandco.com/upload/UK_G191b____On_Screen___Assembl__e_G__n__rale_Mixte.pdf

    From the Allianz own website in the final paragraph: “Leonardo & Co will provide a fairness opinion for Allianz and Rothschild for Dresdner Bank.” https://www.allianz.com/en/investor_relations/announcements/ir_announcements/archive_2008/page10.html

    On an interesting side note, I found this article on the Rothschild website about there being an Alliance Assurance Company that was founded in 1824 by Nathan Rothschild. Allianz was co-founded in 1890 in Berlin by Wilhelm von Finck (co-owner of the Merck Finck & Co bank). They say that in 1939 the Nazis took the Rothschild’s Vienna branch and sold it to Finck of Allianz. So did it ever really change hands or is Allianz just the Vienna Branch of the Rothschild Alliance with a German name and that’s why they figure so prominently in the current Paris Orleans Rothschild plans? Theory.

    https://www.rothschildarchive.org/business/the_alliance_assurance_company/history_of_the_alliance

    https://en.wikipedia.org/wiki/August_von_Finck,_Sr.

    https://en.wikipedia.org/wiki/Allianz

    • Replies: @Sam Shama
  261. Sam Shama says:
    @Junior

    Well my varying impressions of this response, a non sequitur at many levels, ranges from bemused admiration of what I have previously described as the curious industry of Goldbugs, to something akin to mild concern at the plight of a writer who tries to dabble in humour – the surfeit of emoticons and capitalised words – but mainly succeeds in making a hash of it on account of the hackneyed ‘I knew you would say that’ ploy – which fails of its own accord since the article itself admits that a global Liquidity Trap renders the US bond quite unequalled in creditworthiness and provident as far as liquidity needs are concerned. To wit, China’s “dumping” of U.S treasuries along with other CBs of $225b last year, China spent $500 billion last year just to prop up its currency, the yuan. Despite all its spending, China’s total holdings — by public institutions and private investors — of U.S. Treasury debt is up a bit from a year ago.

    I want to listen to your own analysis, based on a direct criticism of why {Tax Revenue/Interest Cost} is not a better measure of a country’s ability to service its ongoing liabilities. Explain in your own words please. If you approach it with an open-minded sincere stance you will come to the conclusion I offered previously, a conclusion based on concrete unassailable, solely relevant evidence [why? since as a bondholder what you really care about are : (a) your coupons are paid (b) The bond is stable in market value [it has risen] and (c) principal is paid on time (d) the cash flow situation of the issuer is stable [it has gotten better as U.S. deficits have been falling since 2008! ]

    https://research.stlouisfed.org/fred2/series/FYFSGDA188S

    Furthermore, on that Bloomberg article [written in 2010], all I need point out [much more if meaningful comments follow], is that it speaks of debt related distress for countries such as Greece and Spain, which were essentially borrowing in a foreign currency called the Euro, the de facto control of which is in the hands of the ECB/Bundesbank duo, exactly similar to the situation that existed under the Gold Standard!

    Next, on the topic of that “Addogram” analysis, as far as I can make out, it is basically a paean to Kyle Bass’ “Keynesian Endpoint”, replete with fire and brimstone, announcing the “Detonation Rate” of 15% on the end-of-days date somewhere in 2012. How is that prediction coming along? We are still waiting and not a sign of Armageddon.

    [I won't dignify these analyses with more time wasted, other than briefly noting their reliance on 3 or 4 century-separated data points, thereby consigning them to the dustbin of statistical irrelevancies, which they then grandly claim as "long-cycle debt behaviour" or something equally hollow.]

    On that uninformed little phrase “Keynes said debt does not matter” or words to that effect; they provide me with the solid hint regarding how much you have actually read Keynes beyond the equally clueless echo chambers such as Zero Hedge. Read the man’s writings directly, or better yet read Samuelson’s book. [I wasn't formally trained in Austrian "economics", but in order to comment on it meaningfully I read von Mises]

    A related note to all who depended [as many here on UR did, including Paul Craig Roberts, Mike Whitney, Ron Paul to note only a subset] on Zero Hedge [a publication which since its inception peddled U.S, debt Armageddon and Gold Standard advocacy, and which I cautioned people against on a few occasions], this complete meltdown and discrediting should be an eye-opener:

    http://www.bloomberg.com/news/articles/2016-04-29/unmasking-the-men-behind-zero-hedge-wall-street-s-renegade-blog

    On that note, I bid you adieu on this subject Jr. for I am certain nothing in the way of a sincere attempt to understand the topic and the evidence presented will be forthcoming on your part. [Note on the other hand, Talha's response earlier; he might yet come around and criticise my posts, but I am sure those criticisms are going to be intelligent and discourse elevating]

    I happen to agree with you on many issues [including the ME situation and the deleterious economic effects of the MIC], but on this one I am afraid you’ve decided to wilfully ignore evidence and sound reasoning.

    • Replies: @Junior
    , @Junior
  262. Junior [AKA "Jr."] says:
    @Sam Shama

    I want to listen to your own analysis, based on a direct criticism of why {Tax Revenue/Interest Cost} is not a better measure of a country’s ability to service its ongoing liabilities.

    I said that the Debt to Revenue was the true indicator in relation to your use of Debt to GDP, but I did NOT criticize the Revenue to Interest Cost ratio. YOU are the one who criticized the use of Debt to Revenue and referred to people that use it for an indicator as “hacks” so any conclusions that they may draw from it should be dismissed. Here are your exact words, “Yet it suffers from the flaw of mixing a stock concept [debt levels] with a flow concept [GDP]. Apples divided by oranges. Revenue to Debt is far worse; for the same reason.” So I presented you with evidence that it is indeed used, though hidden, by people other than the CNN pundits like none other than MOODY’S in their analyses. You attempt to divert attention from the fact that false-indicators are used by the government to try to convince people that we are not in a debt crisis. You in fact used the GDP to Debt ratio earlier to try to convince people that you are right. The only reason that you are not still pointing to that false indicator anymore is because I called you out on it or else you wouldn’t have used it in the first place.

    I have a feeling that you are the same type of disingenuous person that would point to a false indicator like the Bureau of Labor and Statistics U-3 rates to try to prove that we are not in an unemployment crisis to advance your globalist agenda instead of using the real U-6 rates. And then if someone called you out on it, would attempt to divert the discussion to some other rate instead of the real issue which is that our government is using false-indicators to try to trick us so that we don’t do anything about it.

    So, again, addressing your “Revenue to Debt is far worse” than to GDP quote… tell it to Moody’s, Sam.

    Following is a brief comparison of three basic debt ratios that are considered in Moody’s sovereign ratings. The ratio of debt to revenue is a good measure of the overall burden of the debt on the government concerned, and the size of the debt in relation to revenue also influences the second ratio, the ratio of interest payments to revenue. This second
    ratio indicates the pressure on the government budget emanating from servicing the debt. The higher it is, the more difficult it can be for a government to choose between social/political priorities and servicing the debt. Finally, the most commonly cited ratio is that of debt to GDP, which, while measuring the pressure on the economy and financial markets that comes from government debt, is less directly related to debt repayment capacity.
    Page 4 http://www.nhhefa.com/documents/EvolutionofMoodysPerspectiveontheU.S.AaaRating.pdf

    You attempt to display your “intelligence” and economic “prowess” so that you can try to intimidate people from questioning your bullshit. You try to confuse people by using as much jumbled lexicon as you can in sentences that go absolutely no where and say absolutely nothing about your position on issues. It’s plain to anyone that takes the time to try to decode your mumbo-jumbo posts that you are a misdirection artist that never states your opinions, only distracts.You’re either a very insecure individual or a very duplicitous one. In my opinion, the latter.

    You are a duplicitous fraud that insidiously tries to make people think that the only danger to America is the NeoCons and that Globalists such as yourself, that would have us turn our National Sovereignty over to an International Entity by crashing our economy and taking us over financially, are not a threat. And what’s worse is that you do it while pretending to have the same agenda as people while you underhandedly attempt to discredit them. Anyone who doubts this please refer to Sam’s posts above like the one to Kiza in which the Globalist Sam tells us that we should vote for the anti-Globalist Trump or Sanders, or to Sam’s posts attacking alexander and then turning around and pretending like he agrees with him and didn’t try to insult him.

    Duplicitous fraud.

    And now for everyone’s entertainment, please watch as yet AGAIN, Sam who attacks and insults people in his drivel of nonsense posts, turns around and tries to play the guiltless victim card. Play it again, Sam. We’re all waiting…

    • Replies: @Sam Shama
  263. Sam Shama says:
    @Junior

    Well I am getting a sense of your condition:

    1. No attempt at analysis in support of your own position. Only name calling.

    2. Look up my comments on this matter from the past and you will see consistency regarding healthcare cost, especially Medicare causing budgetary stress. Yet the Aaa rating and stable outlook continues. You will also find the same posts decrying the use of restrictive measures of unemployment. So again you are wrong in your baseless vitriol. The most important difference in the case of a primary reserve sovereign is its ability to issue fiat, not directly considered my Moody’s. Also both S&P and Moody’s were attempting to position themselves as political experts during the Debt ceiling crisis which muddied their analyses.

    3. Does it look like I am trying to intimidate and prevent anyone from commenting [how could I]? If you feel intimidated that is most likely explained by: (a) the fact that your “Huge selling of U.S. debt” leading to collapse, was thoroughly turned on its head by actual observation and explanations as to why it will categorically not happen and (b) related prediction since 2010 of “Detonation Rate”, by 2012, like the 2nd coming, keeps moving forward. Again, how is that prediction coming? [simple questions really, no resort at all to anything remotely like obfuscation]

    4. On the globalist/anti-globalist rhetoric, I previously told you in no uncertain terms that I am a Keynesian [which was followed by your vacuous joke about Kenya or something], the clear implication being that I am a globalist if that means free but fair trade [, exactly what Trump talks about. I think your problem is that that nuanced arguments are not your strong suit. You feel compelled to jump to extreme conclusions. Won’t do at all if you are looking to discuss economics.

    Debating matters with the use of evidence, logic and data is the farthest thing from insulting people.

    Now run along.

    • Replies: @Junior
  264. Sam Shama says:
    @Kiza

    Hey Kiza and alexander,

    Since your names were mentioned by Jr. in his latest post I thought I should ask you fellows directly if you felt that I was in any shape or form, insulting you. I know alexander felt shocked at my view regarding U.S. Federal debt, but that was my objective assessment of the situation, never an insult. Anyone else [Talha, RobinG, Geo, NtD] feel free to weigh in. If you felt so, apologies in advance.

    thanks

    • Replies: @geokat62
    , @Talha
    , @iffen
  265. Junior [AKA "Jr."] says:
    @Sam Shama

    Debating matters with the use of evidence, logic and data is the farthest thing from insulting people.

    Now run along.

    Ahh, now I see. You aren’t a duplicitous fraud. You’re just completely self-unaware of how confusing you are and in denial that you insult people constantly. My apologies for the name calling because it’s clear to me now that you aren’t even aware of how you act.

    Now catch up.

    • Replies: @Sam Shama
  266. Sam Shama says:
    @Junior

    It feels as if I am back in sixth form, arguing over who insulted whom first.

    Debates that I am used to, trade irony and sarcasm routinely. Thus my comments ['true believers', 'planet in the night sky' and 'hash of humour' etc] were nothing more than examples of the same. Its also referred to as ‘taking the piss’ in slang.

    Participating in debates in the U.K. exposes one to these devices amply and perhaps tends to thicken the skin to various degrees. Its all considered very much par for the course.

    Name calling also happens on occasion, but really rather rare in the better institutions. [Not sure if you've watched Oxford Union debates on youtube - they may not be readily available - but certainly Hitch's are, and you should watch the ones vs Galloway or the Intelligence squared debates]

    So after a point I reckon you lost your cool [I do as well occasionally, especially on subjects that I am pre-disposed to be thin-skinned] and called me something, to which I responded by asking you to run along.

    Nbd. We shake hands.

    • Replies: @Junior
  267. geokat62 says:
    @Sam Shama

    Anyone else [Talha, RobinG, Geo, NtD] feel free to weigh in.

    Sam, while we may disagree about many things, you still have my respect. I say that because of your willingness to engage in an a vigorous dialogue on any topic, without resorting to ad hominem; to acknowledge when your opponent makes a valid point; and, to bring your strong economic/finance background to bear on related topics.

    Glad to see you extend your hand to Jr.

    • Replies: @Sam Shama
  268. Sam Shama says:
    @geokat62

    Thank you Sir! Likewise.

  269. Talha says:
    @Sam Shama

    Hey Sam,

    No, I did not feel insulted by your responses to me on this subject. We may disagree on things, but I have found we are able to do so respectfully. Honestly, some of this conversation is above my head since it has been years since I studied this subject with serious depth.

    And you know me, I’m a big proponent of respectful communication over this medium.

    Peace.

  270. iffen says:
    @Sam Shama

    Anyone else [Talha, RobinG, Geo, NtD] feel free to weigh in.


    Glad to see you extend your hand to Jr.

    Thank you Sir! Likewise.

    And you know me, I’m a big proponent of respectful communication over this medium.

    Peace.

    Ooh! This is precious. Can we get some puppy pictures to go along with it?

  271. Junior [AKA "Jr."] says:
    @Sam Shama

    Nbd. We shake hands.

    Yep, we’re just gonna have to agree to disagree. Again, for the reasons I stated above, I apologize for the name calling. Shaking hands sounds like a plan. Hand shook.

    And now… we dance :)

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