The Unz Review: An Alternative Media Selection
A Collection of Interesting, Important, and Controversial Perspectives Largely Excluded from the American Mainstream Media
 BlogviewThe Saker Archive
The Saker Interviews Michael Hudson
🔊 Listen RSS
Email This Page to Someone

 Remember My Information



=>

Bookmark Toggle AllToCAdd to LibraryRemove from Library • BShow CommentNext New CommentNext New ReplyRead More
ReplyAgree/Disagree/Etc. More... This Commenter This Thread Hide Thread Display All Comments
AgreeDisagreeThanksLOLTroll
These buttons register your public Agreement, Disagreement, Thanks, LOL, or Troll with the selected comment. They are ONLY available to recent, frequent commenters who have saved their Name+Email using the 'Remember My Information' checkbox, and may also ONLY be used three times during any eight hour period.
Ignore Commenter Follow Commenter
Search Text Case Sensitive  Exact Words  Include Comments
List of Bookmarks

Introduction: After posting Michael Hudson’s article “America Escalates its “Democratic” Oil War in the Near East” on the blog, I decided to ask Michael to reply to a few follow-up questions. Michael very kindly agreed. Please see our exchange below.

The Saker: Trump has been accused of not thinking forward, of not having a long-term strategy regarding the consequences of assassinating General Soleimani. Does the United States in fact have a strategy in the Near East, or is it only ad hoc?

Michael Hudson: Of course American strategists will deny that the recent actions do not reflect a deliberate strategy, because their long-term strategy is so aggressive and exploitative that it would even strike the American public as being immoral and offensive if they came right out and said it.

President Trump is just the taxicab driver, taking the passengers he has accepted – Pompeo, Bolton and the Iran-derangement syndrome neocons – wherever they tell him they want to be driven. They want to pull a heist, and he’s being used as the getaway driver (fully accepting his role). Their plan is to hold onto the main source of their international revenue: Saudi Arabia and the surrounding Near Eastern oil-export surpluses and money. They see the US losing its ability to exploit Russia and China, and look to keep Europe under its control by monopolizing key sectors so that it has the power to use sanctions to squeeze countries that resist turning over control of their economies and natural rentier monopolies to US buyers. In short, US strategists would like to do to Europe and the Near East just what they did to Russia under Yeltsin: turn over public infrastructure, natural resources and the banking system to U.S. owners, relying on US dollar credit to fund their domestic government spending and private investment.

This is basically a resource grab. Soleimani was in the same position as Chile’s Allende, Libya’s Qaddafi, Iraq’s Saddam. The motto is that of Stalin: “No person, no problem.”

The Saker: Your answer raises a question about Israel: In your recent article you only mention Israel twice, and these are only passing comments. Furthermore, you also clearly say the US Oil lobby as much more crucial than the Israel Lobby, so here is my follow-up question to you: On what basis have you come to this conclusion and how powerful do you believe the Israel Lobby to be compared to, say, the Oil lobby or the US Military-Industrial Complex? To what degree do their interests coincide and to what degree to they differ?

Michael Hudson: I wrote my article to explain the most basic concerns of U.S. international diplomacy: the balance of payments (dollarizing the global economy, basing foreign central bank savings on loans to the U.S. Treasury to finance the military spending mainly responsible for the international and domestic budget deficit), oil (and the enormous revenue produced by the international oil trade), and recruitment of foreign fighters (given the impossibility of drafting domestic U.S. soldiers in sufficient numbers). From the time these concerns became critical to today, Israel was viewed as a U.S. military base and supporter, but the U.S. policy was formulated independently of Israel.

I remember one day in 1973 or ’74 I was traveling with my Hudson Institute colleague Uzi Arad (later a head of Mossad and advisor to Netanyahu) to Asia, stopping off in San Francisco. At a quasi-party, a U.S. general came up to Uzi and clapped him on the shoulder and said, “You’re our landed aircraft carrier in the Near East,” and expressed his friendship.

Uzi was rather embarrassed. But that’s how the U.S. military thought of Israel back then. By that time the three planks of U.S. foreign policy strategy that I outlined were already firmly in place.

Of course Netanyahu has applauded U.S. moves to break up Syria, and Trump’s assassination choice. But the move is a U.S. move, and it’s the U.S. that is acting on behalf of the dollar standard, oil power and mobilizing Saudi Arabia’s Wahabi army.

Israel fits into the U.S.-structured global diplomacy much like Turkey does. They and other countries act opportunistically within the context set by U.S. diplomacy to pursue their own policies. Obviously Israel wants to secure the Golan Heights; hence its opposition to Syria, and also its fight with Lebanon; hence, its opposition to Iran as the backer of Assad and Hezbollah. This dovetails with US policy.

But when it comes to the global and U.S. domestic response, it’s the United States that is the determining active force. And its concern rests above all with protecting its cash cow of Saudi Arabia, as well as working with the Saudi jihadis to destabilize governments whose foreign policy is independent of U.S. direction – from Syria to Russia (Wahabis in Chechnya) to China (Wahabis in the western Uighur region). The Saudis provide the underpinning for U.S. dollarization (by recycling their oil revenues into U.S. financial investments and arms purchases), and also by providing and organizing the ISIS terrorists and coordinating their destruction with U.S. objectives. Both the Oil lobby and the Military-Industrial Complex obtain huge economic benefits from the Saudis.

Therefore, to focus one-sidedly on Israel is a distraction away from what the US-centered international order really is all about.

The Saker: In your recent article you wrote: “The assassination was intended to escalate America’s presence in Iraq to keep control the region’s oil reserves.” Others believe that the goal was precisely the opposite, to get a pretext to remove the US forces from both Iraq and Syria. What are your grounds to believe that your hypothesis is the most likely one?

ORDER IT NOW

Michael Hudson: Why would killing Soleimani help remove the U.S. presence? He was the leader of the fight against ISIS, especially in Syria. US policy was to continue using ISIS to permanently destabilize Syria and Iraq so as to prevent a Shi’ite crescent reaching from Iran to Lebanon – which incidentally would serve as part of China’s Belt and Road initiative. So it killed Soleimani to prevent the peace negotiation. He was killed because he had been invited by Iraq’s government to help mediate a rapprochement between Iran and Saudi Arabia. That was what the United States feared most of all, because it effectively would prevent its control of the region and Trump’s drive to seize Iraqi and Syrian oil.

So using the usual Orwellian doublethink, Soleimani was accused of being a terrorist, and assassinated under the U.S. 2002 military Authorization Bill giving the President to move without Congressional approval against Al Qaeda. Trump used it to protect Al Qaeda’s terrorist ISIS offshoots.

Given my three planks of U.S. diplomacy described above, the United States must remain in the Near East to hold onto Saudi Arabia and try to make Iraq and Syria client states equally subservient to U.S. balance-of-payments and oil policy.

Certainly the Saudis must realize that as the buttress of U.S. aggression and terrorism in the Near East, their country (and oil reserves) are the most obvious target to speed the parting guest. I suspect that this is why they are seeking a rapprochement with Iran. And I think it is destined to come about, at least to provide breathing room and remove the threat. The Iranian missiles to Iraq were a demonstration of how easy it would be to aim them at Saudi oil fields. What then would be Aramco’s stock market valuation?

The Saker: In your article you wrote: “The major deficit in the U.S. balance of payments has long been military spending abroad. The entire payments deficit, beginning with the Korean War in 1950-51 and extending through the Vietnam War of the 1960s, was responsible for forcing the dollar off gold in 1971. The problem facing America’s military strategists was how to continue supporting the 800 U.S. military bases around the world and allied troop support without losing America’s financial leverage.” I want to ask a basic, really primitive question in this regard: how cares about the balance of payments as long as 1) the US continues to print money 2) most of the world will still want dollars. Does that not give the US an essentially “infinite” budget? What is the flaw in this logic?

Michael Hudson: The U.S. Treasury can create dollars to spend at home, and the Fed can increase the banking system’s ability to create dollar credit and pay debts denominated in US dollars. But they cannot create foreign currency to pay other countries, unless they willingly accept dollars ad infinitum – and that entails bearing the costs of financing the U.S. balance-of-payments deficit, getting only IOUs in exchange for real resources that they sell to U.S. buyers.

This is the situation that arose half a century ago. The United States could print dollars in 1971, but it could not print gold.

In the 1920s, Germany’s Reichsbank could print deutsche marks – trillions of them. When it came to pay Germany’s foreign reparations debt, all it could do was to throw these D-marks onto the foreign exchange market. That crashed the currency’s exchange rate, forcing up the price of imports proportionally and causing the German hyperinflation.

The question is, how many surplus dollars do foreign governments want to hold. Supporting the dollar standard ends up supporting U.S. foreign diplomacy and military policy. For the first time since World War II, the most rapidly growing parts of the world are seeking to de-dollarize their economies by reducing reliance on U.S. exports, U.S. investment, and U.S. bank loans. This move is creating an alternative to the dollar, likely to replace it with groups of other currencies and assets in national financial reserves.

The Saker: In the same article you also write: “So maintaining the dollar as the world’s reserve currency became a mainstay of U.S. military spending.” We often hear people say that the dollar is about to tank and that as soon as that happens, then the US economy (and, according to some, the EU economy too) will collapse. In the intelligence community there is something called tracking the “indicators and warnings”. My question to you is: what are the economic “indicators and warnings” of a possible (probable?) collapse of the US dollar followed by a collapse of the financial markets most tied to the Dollar? What shall people like myself (I am an economic ignoramus) keep an eye on and look for?

Michael Hudson: What is most likely is a slow decline, largely from debt deflation and cutbacks in social spending, in the Eurozone and US economies. Of course, the decline will force the more highly debt-leveraged companies to miss their bond payments and drive them into insolvency. That is the fate of Thatcherized economies. But it will be long and painfully drawn out, largely because there is little left-wing socialist alternative to neoliberalism at present.

Trump’s protectionist policies and sanctions are forcing other countries to become self-reliant and independent of US suppliers, from farm crops to airplanes and military arms, against the US threat of a cutoff or sanctions against repairs, spare parts and servicing. Sanctioning Russian agriculture has helped it become a major crop exporter, and to become much more independent in vegetables, dairy and cheese products. The US has little to offer industrially, especially given the fact that its IT communications are stuffed with US spyware.

Europe therefore is facing increasing pressure from its business sector to choose the non-US economic alliance that is growing more rapidly and offers a more profitable investment market and more secure trade supplier. Countries will turn as much as possible (diplomatically as well as financially and economically) to non-US suppliers because the United States is not reliable, and because it is being shrunk by the neoliberal policies supported by Trump and the Democrats alike. A byproduct probably will be a continued move toward gold as an alternative do the dollar in settling balance-of-payments deficits.

The Saker: Finally, my last question: which country out there do you see as the most capable foe of the current US-imposed international political and economic world order? whom do you believe that US Deep State and the Neocons fear most? China? Russia? Iran? some other country? How would you compare them and on the basis of what criteria?

Michael Hudson: The leading country breaking up US hegemony obviously is the United States itself. That is Trump’s major contribution. He is uniting the world in a move toward multi-centrism much more than any ostensibly anti-American could have done. And he is doing it all in the name of American patriotism and nationalism – the ultimate Orwellian rhetorical wrapping!

Trump has driven Russia and China together with the other members of the Shanghai Cooperation Organization (SCO), including Iran as observer. His demand that NATO join in US oil grabs and its supportive terrorism in the Near East and military confrontation with Russia in Ukraine and elsewhere probably will lead to European “Ami go home” demonstrations against NATO and America’s threat of World War III.

No single country can counter the U.S. unipolar world order. It takes a critical mass of countries. This already is taking place among the countries that you list above. They are simply acting in their own common interest, using their own mutual currencies for trade and investment. The effect is an alternative multilateral currency and trading area.

The United States is now turning on the screws demanding that other countries sacrifice their growth in order to finance the U.S. unipolar empire. In effect, foreign countries are beginning to respond to the United States what the ten tribes of Israel said when they withdrew from the southern kingdom of Judah, whose king Rehoboam refused to lighten his demands (1 Kings 12). They echoed the cry of Sheba son of Bikri a generation earlier: “Look after your own house, O David!” The message is: What do other countries have to gain by remaining in the US unipolar neoliberalized world, as compared to using their own wealth to build up their own economies? It’s an age-old problem.

The dollar will still play a role in US trade and investment, but it will be as just another currency, held at arms length until it finally gives up its domineering attempt to strip other countries’ wealth for itself. However, its demise may not be a pretty sight.

The Saker: I thank you very much for your time and answers!

 
Hide 75 CommentsLeave a Comment
Commenters to Ignore...to FollowEndorsed Only
Trim Comments?
    []
  1. Sean says:

    This is basically a resource grab. Soleimani was in the same position as Chile’s Allende, Libya’s Qaddafi, Iraq’s Saddam. The motto is that of Stalin: “No person, no problem.”

    Saddam and Islamic Revolutionary Iran got into a war in the 1980’s. in 2019 Soleimani the Persian was preventing America from grabbing Iran’s oil assets from the indigenous Arabs of Iraq by … limpet mine attacks on ships carrying Arab oil. Following the blatant international aggression by the country Bolton has always warned about … Trump sacked Bolton. And then two Saudi oil facilities get blown up by Iranian drones. As no one is blowing up Iranian tankers and oil terminals or occupying Iranian territory, they can sell anyone willing to buy. It is true Iran is under US and United Nations sanctions because they evidence suggests Iran is trying to make nuclear weapons, but the way they play with the drones and limpet mines hardly suggests they could be trusted with nuclear weapons capability.

    Not even the Safavid dynasty ruled Iraq. Iran has been fighting Iraq since 1936, the Shah had a little war (1000 dead) with Saddam over the Shatt-al Arab. Yes oil goes through the Shatt-al Arab, but they were fighting over it in the days of sail.

    President Trump is just the taxicab driver, taking the passengers he has accepted – Pompeo, Bolton and the Iran-derangement syndrome neocons – wherever they tell him they want to be driven.

    Pompeo is just a yes man. Bolton is the Iran hater, and days after Trump sacked Bolton him Solie Maniac attacked crucial world energy supply centres. The nocons must have been exultant.

    Obviously Israel wants to secure the Golan Heights; hence its opposition to Syria, and also its fight with Lebanon; hence, its opposition to Iran as the backer of Assad and Hezbollah. This dovetails with US policy.

    All Israel had to do was mount a military build up on the Golan border and the treat of an invasion would have meant Assad would having to divert his army from fighting the rebellion.

    Their plan is to hold onto the main source of their international revenue: Saudi Arabia and the surrounding Near Eastern oil-export surpluses and money.

    Courtesy of American military force Iraq was shattered, the Sunnis made to accept they are a minority, and Saddam hanged, so Iran no longer has to worry about Iraq as an enemy . One might think that made things even, but no Iran is not happy with just Iraq being taken down it wants to topple the Saudi monarchy too. No Arab country can be allowed to do anything in its own land that Iran does not approve of.

    But when it comes to the global and U.S. domestic response, it’s the United States that is the determining active force. And its concern rests above all with protecting its cash cow of Saudi Arabia, as well as working with the Saudi jihadis to destabilize governments whose foreign policy is independent of U.S. direction – from Syria to Russia (Wahabis in Chechnya) to China (Wahabis in the western Uighur region)

    Saudis cannot even defend their own country with masses of heavy weapons and Hudson thinks there are enough Syrian and Saudi arabia are of comparable size) Saudi cyborgs to fight in the maen against machines war that was Syria revolt. All the US had to do is give the Syria rebels heavy weapons and ant aircraft and they would have won. The US didn’t and it didn’t let the Saudi’s either. The rebels had literally no artillery except lash ups ( ‘hellcannons’).

    A major omission by Hudson is not discussion US capital intensive fracking running on qualitative easing, and the effect that had on oil prices especially when the Saudis tried to put the US frackers out of business.

    No single country can counter the U.S. unipolar world order.

    China can and China will.

    It takes a critical mass of countries.

    The UK tried that kind of economic cooperation and though it was great for Poles ect, it just didn’t work in the interests of the majority of Britons, hence Brexit. Nothing wrong with being an internationalist but don’t pretend all will benefit.

    This already is taking place among the countries that you list above. They are simply acting in their own common interest, using their own mutual currencies for trade and investment. The effect is an alternative multilateral currency and trading area.

    Only Trump dared make himself president by saying China was raping America under what the liberal economists were calling mutually advantageous terms of trade. There can be little doubt how Trump would asses Hudson’s prescription

    I have no doubt that Professor Hudson could explain a lot of things about economics very well, what a pity he is going off of his area of expertise into matter on which his opinions are of dubious value like the manpower issues of modern war and conscription now, rather than in the early seventies. His understanding of economic matters casts a great deal of useful light on geopolitics, but does not dissolve the necessity of looking at the world as not just a hunting preserve for venal bankers, but the home of peoples struggling for security in an eternally uncertain environment of rival states.

    Well when the Spartans were at Thermopylae, the pass which they held against the invading Persian hordes, someone came to them and told them in order to frighten them hat when the Persians let go their arrows it darkened the sky and you could not see the sun. Well, said the Spartans, in that case we shall have to fight in the dark. […]

    For the imposition of one’s system upon another. For all the things which nations sought to preserve their freedom or to impose their will upon others.

    (TOWARDS 2000, Enoch Powell, Radio Clyde, 1977

  2. I only read to his response regarding Israel. He’s either a coward or a fool.

    It is Israel and supremacist Jews that dictate all policy for the US, not just foreign. Do you think Sheldon Anderson give a whit about oil? Of course not, his job along with that of all the other Jew billionaires who control both political partys is to to promote a Jew-centric policy. Which is based on looting the US all the while using its military to fight for Israel

    And I would bet a dollar to a doughnut that he would never publicly question the obvious BS story that is the government’s 911 report.

    • Agree: Z-man
  3. Sean says:
    @2stateshmustate

    The balance of payments stuff is interesting to me. Hudson’s ideas are like 9/11 Truther-think in financial terms. He talks about America as if bankers are directing it, but Wikipedia says “In Hudson’s interpretation, super-imperialism is a stage of imperialism in which the state does not realize the interests of any group, but it is itself wholly and entirely aimed at imperializing the seizure of other states”. How can America ‘seize’ Iran? Or Saudi Arabia even. They cannot steal the oil because they cannot carry it away like Nader Shah did with gold.

  4. Biff says:

    Great analysis. The dismal paper dollar needs the worlds largest military to prop up it’s fake value, and it’s ability to print endless amounts. Therefore, hegemony over resources and trade will be lethally enforced.

    Investors take note: you can’t print endless amounts of gold.

  5. @Sean

    Please allow me a question.

    Would you be able to provide links for the wonderful opinions/information you are providing for the readers?

    • LOL: Twodees Partain
  6. An interesting and thought-provoking article.

  7. “He [ Soleimani ]was killed because he had been invited by Iraq’s government to help mediate a rapprochement between Iran and Saudi Arabia.”
    This reason is provided as the immediate cause of the assassination. I find it dubious to say the least.
    Iran & the KSA have been at each others throats for decades. Their differences are profound & existential. But, apparently even an intimation of a hint of a desire to reach an understanding is cause for radical, bordering on pathological foreign policy responses — ie murdering a man of Soleimani standing.
    Dubious indeed.

  8. @2stateshmustate

    Syria is an interesting case. It seems to support the Hudson thesis (ie control of resources for financial reasons — at the least, control pipe line territory ) & the Israel thesis ( ie “fail-state” an Israeli enemy).
    It may be fair to say the Israel & wider US interests are so intertwined that there’s practically no difference….

    • Replies: @renfro
  9. jasmin says:

    The national debt means nothing because it is a dollar-denominated debt of United States legal currency and the US government can just run the printing press. The real problem is with private debt. The United States should eliminate the private banking system and have a government bank. There is no reason for the United States to have to borrow its own money from the Federal Reserve which is a private institution. The Federal government doesn’t even need gold. All that the federal government has to do is declare the dollar as legal tender, print money, and loan it out and collect the interest and reduce the tax burden. Abraham Lincoln financed the Civil War with Greenbacks avoiding having to pay high interest on loans from foreign governments. As it stands now the government prints the money then borrows their own money from the private banking system. This is a scandal. When the bank makes a loan it is not loaning money from depositors. This is the big lie. What happens is that the bank is creating money out of thin air and loaning it at interest to the government and to the corporations, speculators, and some individuals. It’s all digital money created from nothing. The depositor’s money is just used as a fractional reserve.

    • Replies: @Mefobills
  10. No turning back is possible on the dollar Ponzi scheme, no turning back is possible on the “military” capitalism of the US, as to slow the descend. Unilateralism is no longer as of yet. It broke down when the Chinese realized they were suspender belts for US debt.

    Michael is right! …and far too prudent! He has come a long way these days. Of course, it becomes now almost politically correct to denounce the elites for what they are, parasites of the wealth of the nation, the wealth of the globe.

    Sadly, Xi and Putin bring nothing new to the table. It looks and feels like a bi-polar world, not a world of enlightened advance into long and smooth cycles of sustainability of which the human race could be part.

  11. Finally says:

    Golf clap for Michael Hudson.

    “it’s the United States that is the determining active force.”

    Reasonable people can differ on the question, Israel – henchman or mastermind? But inductive logic leads us ineluctably to Hudson’s answer. Israel is a pissant middle-income country ruled by kleptocrats skimming US military aid. It’s a one-nuke laydown with no strategic depth and an army of sissy cowards trained only to blind teenage girls from the safety of elevated sniper’s nests.

    Israelis’ one unique advantage is, there’s nothing they won’t do. No crime, no atrocity is too sick for them. They’re animals, they have no decency. Pedophile child trafficking for VIP blackmail? No prob! Lethal sabotage attacks on the US cilivian population? Aye aye! Systematic bribery of US officials for abuse of function? Jawohl! Israel’s primary export is CIA cutouts.

    Think it through. When you watch Jaws, are you scared of the remora?

    “its concern rests above all with protecting its cash cow of Saudi Arabia.”

    A 2nd-echelon CIA puke at the Farm (the real farm, where Snowden crawled the SCI, not Camp Swampy) told this commenter along with an assembled group what scares CIA most: revolution in Saudi Arabia. This was not some throwaway scuttlebutt to impress a noob, this was dissemination of the line to the outer party.

    Now, Israeli national ideology rests on contempt for outgroups and ingroup cohesion through duplicitous exploitation of those outgroups. Israeli Jews crow to each other about their ability to push American subhumans around. That makes them nice repulsive scapegoats for the US command structure, that is, CIA. What’s happening now is CIA’s concerted campaign to blame invariant CIA policy on Zionist Jews. CIA is working diligently toward the following outcome: sadistic, noisy purge and vilification of some obnoxious cartoon Jews that leaves the CIA regime intact.

    Hudson’s metier is economics, so he stresses the economic determinants here. But the focus on oil is incomplete. This regime requires petrodollars with reserve status, true. But this regime also requires illegal arms and drug trafficking and massive diversion of state resources to fund crime. The one critical life-giving resource of this regime is not oil. It’s impunity.

    • Agree: WHAT
    • Thanks: Kali
  12. How can Israel be an American aircraft carrier without having a single American base, and not even sharing a base in the time of previous Middle East conflicts?

    Oil was not even an issue in the Iraqi war, which is easy to demonstrate by very weak American participation in the Iraqi auctions for the oil concessions.

    • Replies: @Twodees Partain
  13. JamesD says:

    This guy is an idiot. An apologist for Israel. Israel lost to Hezbollah in 2006. This is why Israel created ISIS and tried to take out Syria.

    US exploiting China and Russia? What a joke. China bought US politicians as far back as Bill Clinton. As far as Russia, that would be (((Browder))).

    Israel is the problem. And yes they have control over the US government, sadly.

  14. JamesinNM says:

    Lincoln destroyed America and the American government and enslaved all the people for the bankers. I do not to know what to call the resulting entity, but it is not America. That resulting entity needs to be replaced with real America, with truly free people.

  15. PNEC says: • Website
    @2stateshmustate

    Unfortunately you seem to be an -what was the Saker’s self-definition? – economic ignoramus. None of your arguments disproves Michael Hudson

  16. Truth3 says:

    Hudson is a clown.

  17. I have to admit, that once we get past the anger vengeance issues regarding the region, i am not troubled about the US becoming an actual empire. I am troubled by the use of force and violations of international law to get there and given that, it’s more than troubling how we would manage the same.

    I would like the US to move closer to its promises here before advancing those promises elsewhere, while destroying the US in place, unfulfilled.

    If I step back and look at the balance of payments from a position of advancing empire it makes more sense.

    PS. For those who make arguments about the US not needing oil. There’s a principle among people in any enterprise involving resources, don’t spend your own if you don’t have to.

    • Disagree: bluedog
    • Replies: @bluedog
  18. xymphora is a daily must-read, one of the world’s best curators of open-source evidence. Here they are on this interview:

    https://xymphora.blogspot.com/2020/01/iraq-reopens-negotiations-for-purchase.html

    “I guess we shouldn’t be surprised that any Assholian ‘respectable’ analysis, even from the informed ‘left’, should be so ridiculously nuts in the face of massive evidence to the contrary. Every single one of these Adelson-shekeled and -blackmailed decisions blow up in the face of American leaders, obviously weakening the Empire, and follow instructions laid out in detail by Khazars, yet we are still to believe that this is just a part of some rational plan for continued American dominance.”

    xymph IMO is wrong in this conclusion. His mistake is presuming that the US command structure needs national dominance or strength. The US command structure is CIA, and CIA, as a criminal enterprise, needs its rackets: drug/arms/child trafficking, looting, insider trading, murder, torture. As the US loses dominance and strength, lawless chaos is a perfectly adequate substitute because of CIA’s institutionalized deniability and organized crime assets worldwide. Mossad’s interests are exactly congruent. Whether you’re Mossad or CIA, you can ride the USA down the toilet and make a very nice living at it. You can do that your entire career because it’s a long way down.

  19. nsa says:

    Humble nsa proposes a new science to be taught in every univershitty: Joonomics 101, the alchemy of creating money and credit out of thin air, and then doling it out to your fellow tribalists, relatives, friends, and even a few gentile idiots who have proven themselves useful (ex. Trumpstein). These folks then use the ersatz money and credit to obtain real tangible assets…….real estate, commodities, businesses, politicians, precious metals, ranches, farms, buildings, etc. A small portion of the largesse eventually trickles down to the masses of asses who can then afford flat screen JooBoxes in their living rooms so they can admire the doings of their betters…..a modern day virtuous cycle of sorts.

    • Replies: @Druid55
  20. renfro says:

    The Saudis provide the underpinning for U.S. dollarization (by recycling their oil revenues into U.S. financial investments and arms purchases),

    I do not agree with your take that the US ME involvement is about the dollar and oil re Saudi.
    Saudi is actually a weak nation, they can’t afford to use oil embargos as they once could and although they have billions in weapons their military is barely trained to use them.
    The threat of the US withdrawing its protective umbrella from Saudi or sanctioning it would be enough to keep them in line.
    It is somewhat ridiculous to think that the US would spend trillions in ME warring for the sake of Saudi as the only way to ensure they stay on the dollar when there are easier means to do that.
    Saudi is a ‘client state’ it depends on the US to keep the Shia and any other radical groups from de throning them.
    You could add that US warring for Saudi is to keep them from turning to Russia but even that doesnt really hold water…..loyalty and gratitude is not in Saud DNA, any time they could get a better deal and protector in Russia they would take it.
    I think you are judging the situation from a financial point of view because that is your field.
    But you are not looking at the decades of Israeli, zionist and neo political manipulations and pressure to bring Iran down.

    • Agree: NoseytheDuke
  21. renfro says:
    @animalogic

    It may be fair to say the Israel & wider US interests are so intertwined that there’s practically no difference….

    It might be more accurate to say Israel has turned America into Greater Israel……replaced our interest with their interest.

  22. GMC says:

    I don’t think Russia and China are going to come to the rescue of the American people – they are fighting the dollar and petro D, because it’s used to fight them, the countries they wish to trade internationally with and their domestic economies. I’d say that it is rather confusing, that the Americans, with all those guns, can’t come together and run their corrupt Gov. out of town, but they have been propagandized, anti socially programed, and over run with anti liberty BS laws for at least 50 years. The NWO has a mega strangle hold on the populaces and their governments in the West and Russia and China have their plates full – dealing with the US/EU/Israel NWO – Internationally. No one is going to rescue the Americans domestically – they will have to do it themselves, if they can see through the BS. Thanks Unz Rev.

  23. Vegob says:

    The oil majors were all against the Iraq invasion.
    They got more oil and cheaper oil before America destroyed Iraq. It was the Israel lobbies like jinsa and AIPAC and the Atlantic council etc that pushed the Zionist neocons at the pentagon at the 100 percent Jewish , Office Of Special Plans to initiate the invasion occupation destruction of Iraq. Hudson a leftyshill.

    • Agree: Twodees Partain
  24. @Biff

    The problem is that the military is also fake and not up to the task.
    The king is totally naked.

  25. @Biff

    Investors, think 1933 on steroids if gold backs currencies again.

  26. This is the {short run} ‘fate’ of the Thatcherite economies?

    “In November M3 in the United States of America jumped by another 1.0%. In the last three months M3 rose at an annualised rate of 12.5% and in the year to November it was up by 8.5%. (We use the M3 estimates prepared by the advisory firm, Shadow Government Statistics.) These rates of money growth are a clear departure from the pattern (of annual money growth between 3% and 5%) which prevailed for eight years until spring 2019. If the Institute’s emphasis on the relationships between broad money and nominal GDP, and between real broad money and real aggregate demand, proves correct, early 2020 should see above-trend growth demand growth in the world’s largest economy. Given that the American economy is operating with low unemployment, above-trend demand growth implies capacity strains later in the year and risks of higher inflation in 2021. (The explanation for the upturn in US money growth is that to a significant extent the Federal deficit of $1,000b. is being financed from the banks, i.e., it is being monetised.)

    Elsewhere the message is closer to ‘steady as she goes’. The Eurozone also has enjoyed rather strong money growth in recent months, but this feature has not been as marked as in the USA. In China and India money growth in 2019 has been steady at high rates appropriate in these economies with strong underlying trend growth in output. (But India suffers from serious ethnic and religious tensions at present, which may have economic consequences.) Japan’s money growth is stable at a very low rate, while the UK has a money growth recovery in conjunction with a clarification of the Brexit process. The overall conclusion is that during 2020 the world economy will see at least trend growth of demand and output, after a lacklustre 2019. “

    https://mv-pt.org/wp-content/uploads/2019/12/Monthly-e-mail-1912-Global-money-round-up.pdf

  27. Old Timer says:

    Very informative and an interview done in an orderly fashion so as to be understood.
    It still sounds like Zionist political thinking because of the central theme, Money, Resources, Control, and the ‘big brother is watching you’ theme.
    Where is the discussion of the Isreali lobby in all of this.
    The interview sounds accurate in its overall view but the people (the real boots on the ground) of all countries are the resourses used to accomplish the goals of Empires and need the truth exposed in a CLEARER way. In other words who is telling the truth and who is a liar.

  28. This fellow has an impressive ability to ignore the utter terror that American politicians clearly display when asked about Israel . It would be funny, but for the consequences to both White people, and the world.

    • Agree: Z-man
  29. The relationshio of USA with Israel is suicide from day one.The american political class is controlled by Israel and the Jews in caricature proportions.How a weaker one end up dominating and maintained by a much stronger one is what we need to be explained.

  30. Anonymous[325] • Disclaimer says:

    Good explanation for overall US strategy in the Middle East. However, this is probably all above Trump’s understanding. What drives him is catering to Jewish interests (daughter, son in law, Sheldon Adelson, etc) and his Evangelical base.

    The decision to kill Soleimani was a result of the escalation of recent events concluding with the storming of the US embassy. Trump was worried that another US hostage crisis could happen, damaging his presidency and his chance at re-election. A strong message was needed. Also, Christian Zionist Pompeo was whispering in his ear.

    Trump’s decision making is impulsive and is not based on deep understanding of the region or economics.

    • Replies: @Thomasina
  31. Z-man says:
    @2stateshmustate

    I only read to his response regarding Israel.

    Exactly what I did. As soon as I read what he thought about Zion I quit the piece.

    He’s either a coward or a fool.

    No-nono, he’s a well paid spokesman for the Cabal. I just did a quick google search and saw this.

    Hudson-A researcher at the Levy Economics Institute at Bard College, former Wall Street analyst, political consultant, commentator and journalist.

    Detectives Sam Spade and Phlip Marlowe would be proud of me. (Big grin)

    • Replies: @Chet Roman
    , @Druid55
  32. Hodd says:

    I like the way this writer writes, however, for the last decade I’ve been reading articles on the imminent demise of the USA and have become somewhat sceptical about writers who proffer this possibility.
    Of course, every empire in history, has collapsed sooner or later, thus this sort of end of times claim is justified, quite simply because nothing stays the same for very long.
    Israel is a misconception really, and its influence negligible when you compare it to the Jews in both the USA and UK that own everything and everyone after worming their way in to western society.
    Trump is a shabbos goy…he might as well be a Jew. Johnson and Raab are Jews. The economic slavery of the west is promoted by State sponsored usury, erroneously called Capitalism. These governments allow the rich to take any surplus an economy creates to deprive the poor of any benefit it might be due from a surplus.
    Many of the rich are Jews but some are not, however, since the Jews own just about anything of value or influence, it would be better to ask which Jews run the world, and not Israel, which is a red herring!
    The US and UK are run by Jews who hide behind Israel, anti Semitism, (which is interesting since the Israeli government claims that only 2% of its population are technically Semites [compared with 80% of Palestinians]) and Quisling politicians pretending to represent indigenous peoples, rather than international Jewry.

  33. @Z-man

    Not sure if it has any impact on Hudson’s politics but he claims to be the god-son of Trotsky. His father was an active acolyte of Trotsky and his parents worked with Trotsky in Mexico.

    • Replies: @Z-man
    , @Popeye
  34. bluedog says:
    @EliteCommInc.

    And there you have the problem with America’s mentality that might makes right, that everything on the planet is ours for the picking, regardless of what country,region or people,its why we have endless wars with it being the center of those wars.The sooner the country is destroyed the better for all countries,for all people including Americans>!!!

  35. Comparing Suleimani to Allende is an insult.I am not a fan of commies but he was a decent man and never used violence or sectarianism for the furtherance of colonial policies.
    Conversely ,Suleimani, was the appointed colonial governor of Iraq and an instrument for the greater Persia plan which is similar in scope to that of Greater israel.
    Allende never drilled holes in the sculls of his opponents nor had them shot from roof tops. Suleimani and his thuggish death squads committed such abominable acts upon his own masses in Iran and to a greater degree in Iraq .

    Allende offered bread and butter and independence to his people. Suleimani wore mask of death dealing with his own.
    Perhaps Hudson and Saker, whom i respect deeply, should at least show a bit of decency and instead of lionizing that overrated ass, pay a bit of homage to tens of thousands of victims of sectarianism spread by the Persian Mullas and their colonial hellboy ,Suleimani.

    • Troll: Castellio
    • Replies: @WHAT
  36. anonymous[827] • Disclaimer says:

    Unfortunately the US is embarked upon doggedly holding on to it’s long standing economic policy through war, sanction and other forms of coercion. It’s becoming less tenable with each passing year yet no other plans are being made to transition to another model once the old one fades. The US has to find ways of creating value for it’s economic base, one that’s not based of roving around the world looking for weakness and plunder. When the dollar is no longer the reserve currency things will really come apart domestically like no one has ever seen. Yet it goes on, an old dog not being able to learn new tricks.

  37. Thomasina says:
    @Anonymous

    “Trump’s decision making is impulsive…”

    Oh, but he’s a master at getting out of a bind. He’s got to worry about pleasing the Senate (Democrat AND Republican) warmongers, keeping in mind the silly impeachment hanging over his head in case he doesn’t play ball.

    Trump already knows the media will crucify him, no matter what he does. Thank goodness, he does as little as possible.

    Hillary would have leveled Syria, Iraq and Iran by now. Trump has lobbed a few missiles at Syria (warning them in advance the missiles were coming), and he took out Iran’s military commander (probably didn’t want to do it, but had to give the warmongers something). Better to kill a few than start a war.

    I say thank God that Trump is in there, otherwise all hell would have broken loose by now.

    Trump has said “forever” that war is stupid, a waste of lives and money. He has repeatedly stated that we should be doing business together, not fighting each other. He has called for the ending of NATO.

    That’s as “deep” as you need to go.

    • Replies: @bike-anarkist
  38. This interview will irk the Israel-is-the-real problem crowd but it resonates with reality for me.

    Just one aspect – global warming – makes sense to me.

    There is global warming in my life. I have lived in Florida for 22 years and the winters here are becoming increasingly warmer.

    Is global warming due to human activity, natural processes, or both?

    Prolly both but the use of oil can not be discounted

  39. Jake says:

    This needs to be read and then bronzed for permanent keeping:

    “President Trump is just the taxicab driver, taking the passengers he has accepted – Pompeo, Bolton and the Iran-derangement syndrome neocons – wherever they tell him they want to be driven. They want to pull a heist, and he’s being used as the getaway driver (fully accepting his role). Their plan is to hold onto the main source of their international revenue: Saudi Arabia and the surrounding Near Eastern oil-export surpluses and money. They see the US losing its ability to exploit Russia and China, and look to keep Europe under its control by monopolizing key sectors so that it has the power to use sanctions to squeeze countries that resist turning over control of their economies and natural rentier monopolies to US buyers. In short, US strategists would like to do to Europe and the Near East just what they did to Russia under Yeltsin: turn over public infrastructure, natural resources and the banking system to U.S. owners, relying on US dollar credit to fund their domestic government spending and private investment.

    This is basically a resource grab. Soleimani was in the same position as Chile’s Allende, Libya’s Qaddafi, Iraq’s Saddam. The motto is that of Stalin: “No person, no problem.”

    ***
    The US does what it does for 2 reasons that are always made to overlap so that they often are indistinguishable. One is to have as close as possible to total control of Arab oil. The other is to make Israel untouchable.

    It all makes perfect sense once you allow yourself to understand the development of WASP culture from its sources.

  40. Anonymous[121] • Disclaimer says:
    @2stateshmustate

    To use Michael Hudson’s words from his most recent essay here, this is another tail-wags-dog story, in this case exculpating Israel. Contrary to Dr Hudson’s earlier assertion, the price of oil following Israel’s ‘73 war quadrupled solely because of this country’s one-sided support of Israel against the Arabs.

  41. Thomasina says:
    @Mick Jagger gathers no Mosque

    But you have “sympathy for the devil”, and of course the devil is always in the details.

    Who controls the money?

  42. Emile says:

    If we pretend that Israel/Zionists do not control the major TV networks, if we pretend that Israel/Zionist do not control Hollywood, if we pretend that Israel/Zionist do not control Congress, if we pretend Zionists do not control the Federal Reserve, then Hudson’s responses make sense. What is it that makes once rational human being pretend that the King is fully dressed? The Epstein/Mossad blackmail operation is the answer. Men holding powerful positions in all segments of our government and society have been compromised. The logs of Epstein’s Lolito Express is a good place to start to remove the scales from your eyes.

    • Agree: Kali
    • Replies: @Mefobills
  43. Z-man says:
    @Chet Roman

    Well it can’t hurt, lol!
    Just more of an indictment on this guy. Just another tool for the Cabal. Next.

  44. Mr. Hoffman’s insight into America’s foriegn policy makes much more sense than anything being offered by anyone else that I know of.
    Surely the plotters of this course must be aware that it’s consequences are causing other nations to grow stronger, more independent, and more defiant. Is it their, (the neocons/MIC/Big Oil/Central Bankers), ultimate goal to subjugate America and behind her military skirt fight a final war for global dominance? And, where does South America, and Africa play into all of this? Or, will we end up with 2 or 3 players dividing up the globe? It’s really weird when I think of it.

  45. Art says:

    Who is boss man?

    Is it Israel or the MIC or big oil – the answer is not even all three — they are all controlled by US Jew money interests.

    America and the world are being run in the interest of Big Jew money. If an enterprise is in the stock market – if it needs money – if it advertises – if it is subject to congress — then it is in control of the Jews.

    Big Jew Money is the world’s boss man – PERIOD.

    • Agree: Druid55
  46. utu says:

    https://dandelionsalad.wordpress.com/2018/08/11/the-life-and-times-of-michael-hudson-from-trotskys-godson-to-modern-monetary-theory/

    “When I graduated in 1959 from the University of Chicago where my degree was in Germanic philology and history of culture but while I was there I was also studying full-time music primarily the series of Heinrich Schenker the German music theorist. In 1960 when Leon Trotsky’s widow Natalia died, the executor of his estate Max Schachtman assigned me the copyrights, saying that since I was Trotsky’s godson, I should do a publishing company. So I wrote. I’d had a correspondence with György Lukács, the Hungarian literary critic and he gave me his copyrights and I came to New York, thinking that I would start a publishing company while I studied conducting with Dimitri Mitropoulos, who was the conductor of the New York Philharmonic.”

  47. Hodd says:
    @Mick Jagger gathers no Mosque

    Global warming is a scam where as climate change is natural.

  48. Druid55 says:
    @2stateshmustate

    Or he is both a coward and a jew, therefore, letting Israel off the hook. The man is smart,?though

    • Replies: @jack garbo
  49. Druid55 says:
    @nsa

    Extremely well said and so true

  50. On what basis have you come to this conclusion and how powerful do you believe the Israel Lobby to be compared to, say, the Oil lobby or the US Military-Industrial Complex?

    USA is owned by Israel and the jews that own Israel own the financial system. They own the BIS, they own the IMF/world bank.

  51. Druid55 says:
    @Z-man

    Very good. My suspicions confirmed. Thanks

  52. Popeye says:
    @Chet Roman

    The timing seems a bit off by a few decades. As I recall Trotsky …Lev Bronstein…was killed 1940…going on 80 yrs. Unless Hudson is 80+.. it seems unlikely Hudson is godson of Trotsky..

    • Replies: @anon
  53. Thanks to you both. Please ignore the slaps and kicks in some of the comments above. PCR is a top economist and he says Michael Hudson is THE top economist in the world today. I believe him.

  54. WHAT says:
    @NegroPantera

    >terrists
    >mullahs

    At least make an effort to include new buzzwords from time to time, jeez…

  55. “And there you have the problem with America’s mentality that might makes right, that everything on the planet is ours for the picking, regardless of what country,region or people,its why we have endless wars with it being the center of those wars.The sooner the country is destroyed the better for all countries,for all people including Americans>!!!”

    That’s an interesting take. But it does not require that anyone take anything from anyone via any dishonest means. Ir simply means, if you are willing to drive your car to wok everyday and I work across the street and you offer me a ride everyday, there’s no point in my driving my car.

    That arrangement is not akin to my stealing tout car or anything else. You may ever charge me a day, by way of simple cost benefit, I save by the arrangement — taking your offer to use your resources saved me mine for a rainy day or even for other beneficial use.

    Assuming some nefarious purpose is just unwarranted. The real check on the balance would be to the cba. if you had challenged the claim that there is no long term benefit to that arrangement, because the the costs in materials, resources, manpower, reputation, long term effectiveness and loss of life is too high.

    I might have agreed. But your suggestion alone, that the US is stealing — unwarranted.

    ——————————————–

    If toy are talking about Empire, your assumption that empire means destruction of other by the reference — again you would be incorrect. It does not require destruction. I leave you room for you to explicate what you mean by destruction.

    Empire doesn’t even require force.

    • Replies: @bluedog
  56. Mefobills says:

    From Hudson:

    In the 1920s, Germany’s Reichsbank could print deutsche marks – trillions of them. When it came to pay Germany’s foreign reparations debt, all it could do was to throw these D-marks onto the foreign exchange market. That crashed the currency’s exchange rate, forcing up the price of imports proportionally and causing the German hyperinflation.

    The Reichsbank had been privatized under the Dawe’s plan. Due to exchange rate pressure, which in turn was due to Versaille reparations debt, the D-Mark was shorted.

    The shorting action was the dominant factor, which was led by exchange rate pressure due to inability to pay Versaille debts. When foreigners shorted D-Marks, they take out loans denominated in D-Marks.

    This is where the new money came from. It was bank credit hypothecated into existence.

    Hudson must know this… if not, let the above serve as a correction.. or an update. It is not complete just to say that the Reichsbank could print money, when in fact it was subordinate private banks within the system that were “creating the D-Mark credit.”

  57. Mefobills says:
    @jasmin

    As it stands now the government prints the money then borrows their own money from the private banking system.

    _________________

    The government prints TBills, which are a misnomer. From now on call them TBill – bonds, because they are really bonds. They are debt instruments, not a bill. People do trade them as if they are a bill, as if they are money, as if they are general demand.

    But, bills don’t demand interest for their existence.

    The Federal Government creates new debt in the form of TBills (really a bond), and eventually the bond finds its way to expand the ledger at the FED. In this way, the TBill finds a counter-party, which makes new Federal Reserve Notes.

    The FED does have a keyboard to create new FRN’s, but they have to swap something onto their double entry ledger to emit the new FRN’s, and that something new is a TBill typically.

    It is important not confuse money and debt. Money pays debts.

  58. Mefobills says:
    @Emile

    If we pretend that Israel/Zionists do not control the major TV networks, if we pretend that Israel/Zionist do not control Hollywood, if we pretend that Israel/Zionist do not control Congress,

    Hudson is doing good work. He cannot be woke on the Jew question or he will be killed off, or he won’t get traction. Others are around to do that for him.

    Zionism = finance capitalism. International finance capital is what funds Zionism. Zionism got into bed with Rothschild at the first Zionist Congress. It was string pullers and behind the scenes predators who maneuvered the U.S. into War. It was Zionists who compromised Churchill with loans.

    Hudson has to know what is going on, because if you are a monetary historian, every rock you turn over there is a worm wriggling, and that worm is usually wearing a Kippah. Jews are agents of mammon, it is the family business.

    It was Jews like Kissinger and other CFR agents who created the Petrodollar scheme, which recycles dollars back into private banks they own. The world private bank as credit is very much a Jewish concept, and they have been running this game since forever.

    Atlantacism, which is shipping and control of money got it first run in Levantine times, with Jews as agents in various ports ringing the Mediterranean. In those days, Silver was their “international currency.”

    It was Kissinger-Saudi agreement in 73, which informs the Saudi construct today, and is why Saudi part of ZOG.

    So, YES – our ((((friends)))) are very much involved and are not subordinate to U.S. political actors, but instead are the string pullers and plutocrats behind the scenes, using their money power to maneuver the polity.

    The General calling Israel as a forward base is only partly correct, in that Israel uses American military gear, but they (Israel) are not under American control. It is more the other way around.

    The American governing brain has been fully parasitized.

    • Agree: bike-anarkist
  59. Seems pretty leaky to me.

    If military spending is “mainly responsible for the international and domestic budget deficit”, and among “the most basic concerns of US International diplomacy”, why are US diplomats, like Butcher of Libya Hillary Clinton, so hellbent on aggravating things and racking up more bills?

    If Saudi Arabia is such a “cash cow”, why is USA so concerned about recycling THEIR oil revenues?

    And if America considers Israel merely to be a military base and “landed aircraft carrier” for USA, why did Washington look the other way and let Israel become an independent nuclear power by the early 1970s? Is this what Michael means by US policy being formed independently of Israel? I call it blind, foolish or sissy. And why the USS Liberty cover up? Why did the Dancing Israeli Mossadies get tickets back to Tel Aviv rather than Guantanamo? I mean, if the crumbs kept leading back to Stockholm, how would this square?

    I saw how Netanyahu (and Mueller) lied to Congress about Iraq having weapons of mass destruction. I saw how US mass media conglomerates ran with all that malarkey, manipulating American public opinion to support the invasion of Iraq. Michael might not care but there are scorpions in the bed. They are who Trump is driving taxi for. They are who Congress jump to give standing ovations. Mr. Jensen notwithstanding.

    https://americanrhetoric.com/MovieSpeeches/moviespeechnetwork4.html

    • Agree: NoseytheDuke
  60. JADE says:
    @Sean

    ahh..and just why should anyone be paying attention to what you write here?…especially since none of it is supported by any facts that i am aware of.
    a simple example.”No single country can counter the U.S. unipolar world order”….says Hudson…which is obviously true…yet..YOU..feel the need to say china…because..well…because you feel the need to say it…
    OBVIOUSLY no single country can act alone…to challenge the U. S………since all countries are involved with the dollar…and therefor must act together to establish alternatives…but..you think just repeating china china!..without any support is enough to contradict the professor…because..well..because YOU have decided he is out of his league….
    a little knowledge is a terrible thing..thinking you have all the knowledge you need by having little knowledge is much worse…thanks for demonstrating it.

  61. anon[304] • Disclaimer says:
    @Popeye

    Born 1936.
    He’s a lot older than he looks in that photo at the top.

    • Replies: @Popeye
  62. Anonymous[245] • Disclaimer says:

    Mr Hudson, how does the Khashoggi killing and subsequent demonization of Saudi Arabia fit in?

    The incessant media coverage over the death of one journalist really surprised me. The net effect was to severely tarnish Saudi Arabia’s reputation and damage public support for the US-Saudi relationship. Because Saudi Arabia is so important(for all the reasons you mention I am surprised this was allowed to happen. In fact I wondered if there was another agenda at play.

    Your thoughts?

  63. @Mick Jagger gathers no Mosque

    ” . . . human activity . . . ”

    “For climate change, there are many scientific organizations that study the climate. These alphabet soup of organizations include NASA, NOAA, JMA, WMO, NSIDC, IPCC, UK Met Office, and others. Click on the names for links to their climate-related sites. There are also climate research organizations associated with universities. These are all legitimate scientific sources.

    If you have to dismiss all of these scientific organizations to reach your opinion, then you are by definition denying the science. If you have to believe that all of these organizations, and all of the climate scientists around the world, and all of the hundred thousand published research papers, and physics, are all somehow part of a global, multigenerational conspiracy to defraud the people, then you are, again, a denier by definition. 

    So if you deny all the above scientific organizations there are a lot of un-scientific web sites out there that pretend to be science. Many of these are run by lobbyists (e.g.., Climate Depot, run by a libertarian political lobbyist, CFACT), or supported by lobbyists (e.g., JoannaNova, WUWT, both of whom have received funding and otherwise substantial support by lobbying organizations like the Heartland Institute), or are actually paid by lobbyists to write Op-Eds and other blog posts that intentionally misrepresent the science.”
    https://thedakepage.blogspot.co.uk/2016/12/how-to-assess-climate-change.html

  64. bluedog says:
    @EliteCommInc.

    Iran,Iraq,Afghanistan military force,Contra’s in S.A. school of America and of course sanctions are force as Rumsfeld said “every thing is for our use” drone killing to remove the opposition Empires have many way of removing people Ukraine where we got someone else to do the killing at our orders,and it goes on and on/!!!!

  65. But the US does operate as those countries are our any part of a US Empire. My position on empire makes clear that Empire need not be acquired via force.

    Of this I am sure, you are misapplying Sec Rumsfeld’s comments.

    • Replies: @EliteCommInc.
  66. @EliteCommInc.

    But the US does not operate as if those countries are ours or any part of a US Empire. My position on empire makes clear that Empire need not be acquired via force.

    Of this I am sure, you are misapplying Sec Rumsfeld’s comments.

  67. @Biff

    My view exactly. The USD is backed by military force alone. Fiat currencies are money only as long as people can be fooled or coerced into accepting them as money. The USD is no exception to that rule.

  68. @siberiancat

    IMO, Israel is more like a leak in the hull of a US ship, than an aircraft carrier. I view Israel as nothing more than a criminal conspiracy masquerading as a shitty little country.

  69. @Mick Jagger gathers no Mosque

    “Prolly both but the use of oil can not be discounted”

    Of course it can, but only by thinking human beings. Unthinking TV addicts can’t discount anything they see and hear on TV.

  70. @Sean

    “Pompeo is just a yes man. Bolton is the Iran hater, and days after Trump sacked Bolton him Solie Maniac”

    … who wrote this an American 13 year old?

  71. @Druid55

    Ignoramus. Hudson’s a WASP, if anything, but very smart and unorthodox. His outlook is Marxist, hardly pro-Israeli or Jewish. This Jewish Kabal nonsense is tiresome. Money and its power have no religion or region. Ignorant and naive…

  72. Popeye says:
    @anon

    Yes agree ..I tried to delete my post after realizing he’s older than 80 but I didn’t delete it correctly..my error
    .

  73. Smith says:

    So Trump is ironically the good guys by forcing the world (the US included) to be more self-reliant and isolationist.

    That’s a good thing I guess.

    EDIT: This guy says Israel is a distraction but focus on oil itself, this guy is a distraction. Every American foreign policies are Israeli policies, it’s the only thing that makes sense.

  74. In the article by Michael Hudson to which the Saker provides a link at the top of this piece, we read that Trump’s “assassination of Iranian military leader Suleimani was indeed a unilateral act of war in violation of international law, but it was a logical step in a long-standing U.S. strategy. It was explicitly authorized by the Senate in the funding bill for the Pentagon that it passed last year.” Could the Saker or Mr. Hudson or any of the commentators here point me to that “explicit” authorization in the text of the funding bill? Or are the Saker and Mr. Hudson saying any ol’ thing that pops into their heads?

Current Commenter
says:

Leave a Reply - Comments on articles more than two weeks old will be judged much more strictly on quality and tone


 Remember My InformationWhy?
 Email Replies to my Comment
Submitted comments become the property of The Unz Review and may be republished elsewhere at the sole discretion of the latter
Subscribe to This Comment Thread via RSS Subscribe to All The Saker Comments via RSS