Debt Rattle April 10 2017
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Todd Webb Rue des Plantes, Paris 1950 • Americans Are Becoming Obsessed With Putting Everything On Credit (MW) • Cash Is Dead. Long Live Cash.
[See the full post at: Debt Rattle April 10 2017]It is a grave error to think neoliberalism, or globalism if you will, is laissez faire. There is a profound difference although many famous neoliberals like Friedman muddied the waters by claiming to be all for laissez faire. Neoliberals actually support taking over governments in order to impose the markets which they believe will lead to ‘freedom’. Looked at this way it’s easy to understand why Hayak supported Pinoche.
There is no better example but the almost universal support for central bank’s extreme measures used to lower interest rates. What could possibly be more antithetical to ‘free markets’ than central banks controlling interest rates. Interest rates, the price of money and capital, is the most important price signal there is in a market economy.
I’ll keep posting links to Professor Mirowski, and keep searching him out, because he makes this point over and over and hits a lot of other ones too that get to the very heart of the issues AE hits upon over and over.
Prelude to WW-3 stories for today:
Speaking at a behind closed doors forum for the highest echelons of government and staff in his home city of St. Petersburg, Putin responded to questions about the metro blast by pointing out who is responsible for the vast majority of world terror attacks: the U.S. deep state, and the radical Islamic groups they sponsor to destabilize key regions in the world… The Russian president said that “95% of the world’s terrorist attacks are orchestrated by the CIA,” and the St. Petersburg metro bombing must be investigated “with this in mind.“
Putin claims that the CIA is a rogue element of the deep state, and “an expression of the will of world oligarchy and their vision for a New World Order.“ “The CIA does not work on behalf of the American people or act in their interests.”
https://www.unz.com/forum/putin-95-of-world-terrorist-attacks-are-orchestrated-by-the-cia/Moon of Alabama says Syrian gas deaths and reprisal attack were “Trump’s theater”, a made-for-TV movie. (A movie like this would take a long time to stage/produce. The script/casting would have already been in place when Trump entered office, right?).
https://www.moonofalabama.org/2017/04/trumps-khan-sheikoun-production.html#moreThierry Meyssan also figures it’s Trump’s show.
https://www.voltairenet.org/article195904.htmlFormer DIA Colonel says intel. analysts are freaked out over this sloppy lie and:
Former DIA Colonel: “US strikes on Syria based on a lie”
There are members of the U.S. military who were aware this strike would occur and it was recorded. There is a film record. At least the Defense Intelligence Agency knows that this was not a chemical weapon attack. In fact, Syrian military chemical weapons were destroyed with the help of Russia.
The Russians briefed the United States on the proposed target. This is a process that started more than two months ago. There is a dedicated phone line that is being used to coordinate and deconflict (i.e., prevent US and Russian air assets from shooting at each other) the upcoming operation.
The United States was fully briefed on the fact that there was a target in Idlib that the Russians believes was a weapons/explosives depot for Islamic rebels.
The Syrian Air Force hit the target with conventional weapons. All involved expected to see a massive secondary explosion. That did not happen. Instead, smoke, chemical smoke, began billowing from the site. It turns out that the Islamic rebels used that site to store chemicals, not sarin, that were deadly. The chemicals included organic phosphates and chlorine and they followed the wind and killed civilians.
There was a strong wind blowing that day and the cloud was driven to a nearby village and caused casualties.
We know it was not sarin. How? Very simple. The so-called “first responders” handled the victims without gloves. If this had been sarin they would have died. Sarin on the skin will kill you. How do I know? I went through “Live Agent” training at Fort McClellan in Alabama.
Veterans Today: President Trump is now threatening to take America into a war against Syria, Iran and even Russia, a war he says is justified by “evidence” he has received from the Syrian White Helmets, … a “Deep State” organization, a melding of CIA, al Qaeda and Britain’s intelligence services.
Swedish Doctors For Human Rights (swedhr.org) analysed videos, the rescue after an alleged attack by Syrian government forces. The doctors found that the videos were counterfeit, where even Arabic stage directions were overheard, and that the alleged “Rescue” in actuality is a murder. On first analysis, it looked as though the doctors working on the child assumed he was already dead.
The White Helmets, supposedly an independent NGO, receives up to $100m from the CIA and UK Foreign Office, “dark project” funding. Murdering children is their stock and trade…
https://www.veteranstoday.com/2017/04/06/swedish-medical-associations-says-white-helmets-murdered-kids-for-fake-gas-attack-videos/Russia and Iran say the US “crossed a red line” in Syria, and that they will retaliate with military force if this is repeated. (Dangerous set-up!)
https://www.zerohedge.com/news/2017-04-09/russia-iran-warn-trump-they-will-respond-force-if-syria-red-lines-crossed-againSecretary of State Tillerson will not meet Russian President Putin on his upcoming trip to Moscow. He will have talks with Russian Foreign Minister, Sergei Lavrov (lots to discuss).
https://www.zerohedge.com/news/2017-04-10/putin-will-not-meet-tillerson-russia-confusion-grows-over-us-policy-toward-syriaFollowing the Syrian attack on a weapons depot 4/4/17, which released toxic chemicals (Sarin too?), Russian President Putin called Israeli PM Netanyahu, castigated him for false-laying-of-blame. Putin also made a deal. Russia has always said East Jerusalem is the future capital of a Palestinian State. Now Russia still says that, but “within that context” West Jerusalem is recognized as the capital of Israel. That is a big present for Bibi. What does Bibi Netanyahu give as quid-pro-quo? Thanks Eleni.
https://www.moonofalabama.org/2017/04/israel-just-received-a-huge-payment-from-russia-what-is-its-side-of-the-deal.htmlChinese paper (presumed government opinion) says that Trump’s attack on Syria is a threat to China that North Korea is headed for a bloody-decapitation.
https://www.theguardian.com/world/2017/apr/10/syria-strike-designed-to-intimidate-north-korea-chinese-state-newspaper-saysJohn Day
Very good post John. As with March of 2003, the truth is out there for any willing to look.
Apparently most do not realize we’ve long past the Rubicon, into Orwell’s 1984.
Perpetual war: War is peace. Double speak; whiteblack.There will be no curiosity, no enjoyment of the process of life. All competing pleasures will be destroyed. But always—do not forget this, Winston—always there will be the intoxication of power, constantly increasing and constantly growing subtler. Always, at every moment, there will be the thrill of victory, the sensation of trampling on an enemy who is helpless. If you want a picture of the future, imagine a boot stamping on a human face—forever.
— Part III, Chapter III, Nineteen Eighty-Four (Wiki)Since Usian’s are impotent to change the course of the CIA’s deep state; we’re fucked. So far free speech remains because it is used to no affect…
I’m glad I’m old; it’ll be a horrible ending to a beautiful life lived…For those not familiar with George Orwell’s world map;
https://en.wikipedia.org/wiki/Nineteen_Eighty-Four#/media/File:1984_fictitious_world_map_v2_quad.svg
Well worth a look, IMO…“It was a big mistake to put the Great Barrier Reef near Australia”
Falling Sea Level: The Critical Factor in 2016 Great Barrier Reef Bleaching!
It is amazing what passes for “science” these days. Any conflicting information must be removed from the “story”
“Not that this worries the extreme adherents of laissez-faire – recall how Hayek supported the murderous dictator Pinochet in Chile for his brutal imposition of deregulatory ‘reform’. ”
The problem here is that whether one likes it or not, Chile has become a far more civilised place than anywhere else in Latin America. The people have stability. The economy is doing much better. There is minimal price inflation. There is a functioning pension system. The gulf between the rich and poor is not as great as elsewhere in that region and so on.
The uncomfortable fact is that if the “populist” Allende had remained in power, the place would have gone down the tubes like so many other richer places in Latin America.
“Chile has sharply reduced poverty rates and increased shared prosperity in recent years. The percentage of the population considered poor (those who live on US$ 2.5 per day) declined from 7.7 percent in 2003 to 2.0 percent in 2014, and moderate poverty (US4 per day) fell from 20.6 percent to 6.8 percent during the same period. Moreover, between 2003 and 2014, the average income of the poorest 40 percent of the population increased by 4.9 percent, a figure considerably above the average income growth of the population as a whole (3.3 percent).”
Why don’t you refer to Obama / Bush / Blair etc as “murderous”. Do you think they murdered fewer people than Pinochet?
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