The way the masses view the world is a farce. Every single mainstream perspective is either purposely deceptive, or completely misses the point. Even the people in places of influence who we’re meant to trust have either sold out, or are just plain ignorant to the facts. There’s no need to have a heavy heart though; the matrix of control is crashing because the truth-seekers are dealing heavy blows to the false narratives that have for too long shaped the collective mindset of humanity.
Of course the internet can be celebrated for being the primary mechanism which has amplified the sharing of information across location, race, culture and belief systems. In retrospect, the powers-that-will-no-longer-bewould be kicking themselves for not trying harder to institute their insidious plan for humanity prior to the birth and growth of the world-wide-web.
Make no mistake though; they have been very successful on many fronts. For example, try to imagine a world where:
most journalists don’t report the real news;
the majority of doctors don’t truly understand the causes of poor health and how to legitimately resolve it;
a high proportion of politicians don’t know how the money supply works and what the agenda is of those who control it;
many so-called expert scientists ‘believe’ in a discredited philosophy which resembles a dogmatic religion;
the majority of teachers don’t realize they’re teaching a system of indoctrination that nowhere near gets close to the information and critical thinking that should be afforded our kids; and
the masses are not only ill-informed, divided and feverishly fighting against each other over small and irrelevant topics, but they’re also sleepwalking through one of the most majestic and reverent realities that could have ever been conceptualized.
Well, welcome to our world.
As we begin what we call the 21st Century, every system that should be designed to facilitate the health and vitality of the people has been hacked with lies, deception, dysfunction and disharmony. It’s easy to think that this is an embarrassment for our species because it’s beneath our intelligence and ethical capacity, yet there’s no need to lose faith in the inevitable betterment of humanity, including the way in which we organize and economize our societies.
Why? Because all of this dysfunction has been an effective driver of the collective awakening that is rising in the hearts and minds of humanity.
The inspiring fact is that more and more people are slowly waking up and realizing we all have the opportunity to come to our own, informed opinion on the truth, pertaining to both the spiritual and systemic realities. So many more people now understand the mainstream news is not to be taken seriously as its not where we can find information which is aligned with the deeper truths. They’re also acknowledging that we have the choice on what we decide to personally stand and fight for, as well as the legacy we leave for our children and our future generations.
Beware though; once we exit the matrix of control we’re faced with some serious challenges. We have a lot of inner work to do, such as designing a philosophy that ensures we’re at peace, as well as exercising patience in the quest to take back our liberties and design a legitimate and honorable future for humanity.
That’s why we’ve got to feel for those who have been long aware of the many dysfunctions of our world, especially those who have not learned peace and patience. Slowly they’ve watched:
the military-industrial-media-politico-banking complex increase their power and continue their pillage across the world;
pharmaceutical monopolies amplifying the drugging of society, as well as keeping many of us sick so that they maximize their profits;
movements rise up only to be vilified and disassembled, such as the Occupy Movement;
science turned into a corporate institution, as well as further hijacked by an inaccurate and small-minded philosophy of reality;
wars purposely created with millions of people dying for the whims of the shadow empire;
radical extremists massaged into proxy armies to do dirty work for the collapsing power structure;
air, medicine, food and water becoming purposely more toxic;
governmental policy increasingly being determined by corporate/elite interests;
police being militarized all around the globe;
the education model struggling to become less of an indoctrination system; and
the agenda of global governance becoming closer to fruition.
Some people have known about much of this for decades, so we should commend them for continuing to fight the good fight. They might have witnessed some disheartening developments, yet as much as all this sounds dire, they’ve also seen millions of people disengage from the propaganda narratives and align themselves with the systemic and spiritual pathways that will be the next stage of our evolution.
The point is that even though we need to be patient and persevere, we should recognize and celebrate the achievements that have been made so far. As I discussed in a previous article called “Whilst the Old System Crashes a New One is Being Built”, there are:
economists who want to transform the Keynesian model to legitimate alternatives;
teachers who understand the massive holes in the indoctrination system called public education;
scientists who want to evolve the way energy is created and shared;
health practitioners who see the limits of mechanistic and pharmacological medicine and the need for the reintroduction of natural and plant-based therapies;
journalists who demand that the media monopolies need to be disassembled;
environmentalists who want to transition the way food is grown and distributed;
community leaders who aim to reintegrate them to better support its members;
politicians who understand the democratic system has been hijacked by big money;
activists who campaign for revolutions in our value systems; and
futurists who want to change the systemic template for our societal health and well-being.
There are many beautiful souls who are leading the charge by attempting to redesign our society back into alignment with the natural laws of our universe. We should be one of them, regardless of which way we personally decide to contribute.
To do that, we all need to be super clear within ourselves what we believe and what we want to change. There are many ways to do it too, so finding our passions and strengths is critical to playing our own small part in the shift.
It is simply no longer acceptable to keep our heads in the sand; either we’re a minion of the system or we’re not. Of course its difficult to completely disconnect from the way resources flow through the control channels, yet that needn’t stop us from talking about it, sharing information online and somehow contributing, no matter how small, to local and global movements which aim to transition humanity into the new paradigm of abundance.
After all, the truth is what it is, and it is exposing itself to the world by powerfully flowing through all of us.
Ultimately, we needn’t wait for the zombie apocalypse because its already arrived. Most people are good people, yet the masses have been brainwashed into thinking in ways that are absolutely nowhere near aligned to the truth. They might be sleepwalking through a time where the tipping point for the conscious society builds, but that doesn’t mean they’re not salvageable. That’s why we all have a responsibility to help facilitate waking up the collective so that together we’re more empowered and informed to really bring about a future of justice and honor that we can all be proud of.
To do so, let me give you some advice. Don’t get frustrated, don’t be rude, don’t belittle, don’t condemn. We all had to wake up at one stage so its hypocritical if we are. Instead, be calm, be cool, be real, be articulate. Know the information that you advocate like the back of your hand. If we want to be successful in helping others to face the delusions then we need to ensure their defense mechanisms aren’t raised so they’re more likely to be open and receptive to embrace the truth.
And one more thing; hang in there guys and be patient, we’ve still got a long, arduous way to go but we know all the effort will be worth every second.
ABOUT THE AUTHOR
Phillip J. Wattlives in Australia. His written work deals with topics from ideology to society, as well as self-development. Follow him on Facebookor visit his website.
There are many signs pointing to a false flag attack in Brussels on 3-22-16. Independent and alternative media, as usual, has been right on top of the story catching many of the usual oddities, lies and coincidences which are characteristic of false flags and are now piling on top of each other as they always do. And here’s another thing everyone should take note of; something we also observed during the Paris attacks on 11-13-15. As we saw in the Paris attacks, once again we’re seeing a “global” component to the “reaction” phase of the usual problem-reaction-solution dialectic employed by the controllers. Look for it. Problem at point A, subsequent “reaction” to the problem at point B, all the way on the other side of the world. This then leads to a “solution” that applies to both point A and B. This also serves to endorse the illusion that the bogeymen, in this case ISIS of course, involved in the Brussels attack are somehow everywhere at once.
One of the key purposes of this event, among other purposes like maintaining an excuse for U.S. military intervention in Syria, is to reinforce the need for a global police which is being sold as a “global solution” to a “global problem.” This global police state is a very clear agenda of the U.S., NATO and the U.N. This entire event is also designed to push the Authorization for Unlimited Military Force (AUMF) the Pentagon wants so badly and it’s a perfect quick and easy event in NATO’s and the European Union’s home turf to push for all of these goals at once. What am I talking about?
Following the Brussels “attacks,” which were immediately and deliberately linked to “ISIS,” we saw how in the city of Atlanta, Georgia halfway across the world, police were “on edge” and completely evacuated the Atlanta airport because of an unattended “package” they thought could be related or connected to the “ISIS” Brussels attacks. Though the whole thing turned out to be nothing at all, make no mistake this is part of the mass conditioning that comes with the entire quest for global police and perpetuation of the ISIS psyop. Even the officers involved in the airport evacuations I’m sure got caught up in the hysteria simply following protocol. Can you imagine how easy it would be for someone to purposely leave an unattended package just to extract the reaction, fear and hysteria from the masses while at the same time endorsing the idea of “global terrorism” and conditioning the masses to accept the idea of a need for a “global police.” One tiny fake package in Atlanta accomplishes all of this and more. And it wasn’t just Atlanta caught in the psyop, in Denver we saw “evacuations” as well:
Atlanta’s airport was briefly evacuated on Wednesday over a suspicious package while U.S. law enforcement agencies and travelers were on edge a day after deadly suicide bombings by Islamist militants rocked Brussels.
Passengers were ordered out of public areas of the domestic terminal at Hartsfield-Jackson International Airport, the United States’ busiest by passenger volume, but the site was quickly cleared and operations resumed, airport officials said.
Parts of Denver airport were also evacuated on Tuesday, hours after at least 31 people were killed and 271 wounded in attacks on Brussels airport and a rush-hour metro train, as airports across the United States tightened security.
As you can see, the hysteria wasn’t just in Atlanta. Notice the article doesn’t even bother to discuss what exactly happened in Denver. Was it also a “suspicious package” there? Was it a phone call from ISIS? Who cares, right? Because apparently the only thing that matters is that it’s part of the “reaction” phase; and the true answer is, this is part of the mass conditioning for the new world order’s global police state which is now being born with every ISIS “attack.”
Historic Mass Conditioning
So for the first time in human history an event at point A in one side of the world forces a Pavlov-style reaction at point B, on the opposite side of the world; even though the 2 events (in the organic reality) have no association with each other other than the conditioned response. The conditioning of the masses can be compared to Pavlov’s dog experiment. In the Pavlov dog salivation experiment, Russian physiologist Ivan Pavlov was able to demonstrate that dogs can be conditioned to organically react a certain way by simply associating one artificial stimulus enough times with a natural stimulus. Eventually Pavlov demonstrated that you wouldn’t need the natural stimulus (food) to elicit the conditioned response (salivation) if you provide the artificial stimulus (a bell).
If you understand Pavlov’s classical conditioning then you should understand the mass conditioning of the masses going on right now via the mainstream media and politicians. The Brussels attacks is no different from the Paris “attacks” of November of 2015. Isn’t it a coincidence that less than a week ago the mainstream media brought back the Paris attack “story” as if to prepare the masses subconsciously for the upcoming Brussels attacks in Belgium? How about the fact the Turkish president Recep Tayyip Erdogan basically subliminally announced the upcoming attacks 4 days prior? Are we surprised given that Erdogan’s Turkey is right now the primary lifeline for ISIS purchasing their oil and supporting fighters with resources in the Turkey-Syrian border while blowing up Russian planes that interfere with that mission? This has all the markings of a mass psychological operation.
First of all, we don’t know who planted those explosives in the Brussels airport or subway system and we don’t know why or who told them to do it. With ISIS being credited, that alone is proof as far as I’m concerned that this is a state crime funded by NATO countries. We must all shed the myth that ISIS fighters are freely doing what they want, independent of the will of the states that created, funded, trained and armed them. Think about this. No one trains fighters only to let them go away and fight for someone else. Whoever trained these guys is still giving the orders or they wouldn’t have wasted their resources training these guys. Just like in the U.S. military, you wouldn’t train a Marine in boot camp, show them how to survive and offer weapons training only to watch them leave the Marines after boot camp and fight elsewhere. Yet this is precisely what Americans are asked to believe every day by the mainstream media. We’re told to believe these fighters just so happened to switch sides AFTER being trained to fight for the “Free Syrian Army.”
If it wasn’t that ISIS is a mercenary group employed by NATO countries, they’d be long gone by now. The only reason ISIS is still “alive” in our consciousness is because nations like Turkey, US, Israel and Saudi Arabia are keeping them alive both literally and figurative using their controlled media. ISIS is therefore alive because they (U.S., NATO and company) want and need them to be alive for political reasons. No ISIS means no Syria, no PNAC Middle East plan completion, no fear, no war on terror, no global police and no stripping away of individual rights, it’s that simple.
Incidentally the location of the explosions in Brussels Belgium is immensely convenient. There’s no question that the headquarters of NATO and the European Union would be a perfect place to execute and control a false flag like this. This is also the perfect false flag to quickly put together during this election year campaign hysteria pause. It likely took very little coordination and effort requiring a couple of explosives and a patsy or 2. Here’s the sequence as I see it: Boom! ISIS did it, lockdown airports in the U.S. due to an unattended package, goals and conditioning reinforced by media, back to election campaign with the candidates calling for “solution” to ISIS.
This is the part where ALL politicians running for president get to offer their “solution” to the same artificially created “problem.” In other words, this is a win-win for the ruling elite. And in this sense the Brussels attack is already part of the election campaign itself. Be on the look out for candidates endorsing ideas “global solutions” to ISIS.
Finally, I call on readers to observe how these false flags are getting easier and easier for them to do. I’m sure there was a time when a false flag attack like this took years to prepare (think 9/11). Now we are seeing quick attacks being strung together with minimal preparation, attacks which nonetheless have long-lasting implications for freedom, the rise of the global police, obtaining their AUMF license to kill, and obtaining all the excuses they need to justify U.S. aggression in Syria in hopes of forcibly removing their democratically elected president.
Remember practice makes perfect. So as they get better and more efficient at pulling these false flag attacks, let us get better and more efficient at diagnosing them and spreading the word. I believe both phenomenons are happening simultaneously. Hopefully, the ability of alternative and independent media to quickly diagnose these attacks by simply observing the process of problem-reaction-solution will help us turn a corner in changing minds at the highest level and thus effect much needed change sooner rather than later.
In a new article at Harper’s (“Legalize It All,” April 2016), Dan Baum recalls a 1994 confession by former Nixon domestic policy adviser John Ehrlichmann, about Nixon’s motives in first launching the War on Drugs. Baum, interviewing Ehrlichman for a book on drug prohibition, asked a “series of earnest, wonky questions, that he impatiently waved away”:
“The Nixon campaign in 1968, and the Nixon White House after that, had two enemies: the antiwar Left, and black people…. We knew we couldn’t make it illegal to be either against the war or black. But by getting the public to associate the hippies with marijuana and blacks with heroin, and then criminalizing both heavily, we could disrupt those communities. We could arrest their leaders, raid their homes, break up their meetings, and vilify them night after night on the evening news. Did we know we were lying about the drugs? Of course we did.”
Judged by those objectives, Nixon’s War on Drugs and its subsequent dramatic escalation under Reagan have been resounding successes.
Many liberals, unfortunately, are prone to describing the War on Drugs as a “failure” — much as the Vietnam or Iraq War was “a mistake” — implicitly accepting the general goals of the American state as good and well-meaning, and merely unfortunate in their execution. The liberals who frame the wars in this way, as Noam Chomsky has argued, share the hawks’ view that “America owns the world” and has the right to define as a “threat” any country that defies its authority or attempts to undermine the global corporate order. And liberals and progressives are nauseatingly prone to referring to criminal foreign wars of aggression and domestic police wars on civil society as something “we” did.
But if you genuinely think the actions of the American state have anything to do with “we” or “us,” either you belong to the economic classes served by the state, or you probably still ask the dentist to save your extracted molars to put under your pillow.
Long before I saw Ehrlichman’s admission, I noted that the expanded War on Drugs against crack and meth under Reagan and Clinton had had a disruptive effect on two of the demographic groups (inner city black people and rural poor whites) that, as it happens, are least socialized to cheerfully accept direction from authority figures behind desks.
Going back to the passage of the Virginia Slave Code after the defeat of Bacon’s Rebellion, running through the use of racial divisions to split and defeat the southern tenant farmers’ unions, and right up to the present, the possibility of a strategic political alliance between poor black and white people has been one of the major fears of the propertied classes who control the American state.
So whether it be Nixon’s or Reagan’s War on Drugs, or the Clintons’ support for a Crime Bill (to “bring to heel” so-called black “super-predators”) that completed America’s growth into the largest carceral state in the world, the fact that a third of the urban black male population is in some phase of the “criminal justice” system and deprived of the franchise has had an enormous effect on radical political possibilities in this country. It has gone a long way towards nullifying the effects of the Voting Rights Act, in much the same way that Black Codes nullified the effects of Emancipation. Jeb Bush’s purge of 70,000 alleged “felons” — mostly not felons, but mostly black — from the Florida voting rolls was the main factor in handing the presidency to his brother.
I’m not, by the way, the kind of conspiracist who thinks every government policy fits into some larger, malign strategy that serves as the “real” motivation for all officials. I don’t doubt a great deal of legislation and executive action is intended as a good faith response to the stated concerns of policy-makers. Of course even such “well-meaning” policies are subject to the law of unintended consequences, mission creep, refusal to reassess in response to feedback on their effectiveness, and abusive or self-dealing execution by the bureaucracies tasked with enforcement.
But even when policies are sincerely “well-meaning,” they still tend to serve vested interests through a sort of structural “invisible hand” effect. The “well-meaning” policies that get passed are those that structurally benefit the economic ruling class, and those that get repealed are those that no longer do so.
The state does not represent “us,” and the destructive and genocidal effects of its policies are not “mistakes.”
Editor’s note: Today marks the birthday of artist Mark Lombardi (born in 1951) and is also the day after the 16th anniversary of his suicide or murder. To learn more about Lombardi’s life, art and the suspicious circumstances surrounding his death, please take a moment to listen to the Radio WhoWhatWhy podcast and/or read the transcript.
A story of banking, organized crime, intelligence, petrodollars and politics…all seen through the lens of innovative Art.
Patricia Goldstone’s INTERLOCKis the first biography to explore the life and suspicious death of Mark Lombardi, a controversial artist whose drawings walked the line between art and information — and revealed the incestous connections between banking, organized crime, politicians, the FBI and the CIA.
His work highlighted such subjects as the Bank of Credit and Commerce International (BCCI), the Iran-Contra affair, the World Finance Corporation, and the relationship between George W. Bush and Harken Energy Corporation. The mystery of Lombardi’s alleged suicide has yet to be resolved. On March 22, 2000, he was found hanged. Friends find it suspicious because Lombardi was on the the cusp of achieving the recognition that would crown his career.
Goldstone talks to WhoWhatWhy’s Jeff Schechtman about the full scope of Lombardi’s life and work.
For a look at some of Lombardi’s dangerously revealing and possibly fatal work, go here, and here.
JEFF SCHECHTMAN: Welcome back to radio who-what-why. I’m Jeff Schechtman. In March of 2000 the acclaimed conceptual artist, Mark Lombardi, was found hanged in his New York apartment. It was ruled a suicide but Mark Lombardi was no ordinary artist. His work, ‘Interlocks’ as they were called, art was also information shining light on the Vatican, the Mafia, the Bushes, international financiers, and the CIA. In the words of his biographer Patricia Goldstone, his death transformed itself into the ultimate piece of conceptual art. In fact, after his death, Lombardi’s work drew the attention of the most influential art museums in the world as well as the FBI and the CIA. Patricia Goldstone has been a reporter for the Los Angeles Times and a bureau chief for Cablevision. She has written for the Washington Post, Maclean’s and The Economist Intelligence Unit. She’s an award-winning playwright and she’s just completed Interlock: Art, Conspiracy, and the Shadow Worlds of Mark Lombardi. It is my pleasure to welcome Patricia Goldstone here to radio who-what-why.
PATRICIA GOLDSTONE: Thank you for having me on the show.
JEFF S.: Great to have you here. First of all, who was Mark Lombardi? It’s not a name that a lot of people instantly recognize.
PATRICIA G.: That’s quite true. Mark was a conceptual artist, as you said, which means he essentially drew ideas and not water lilies. Some people considered him to be the first great artist of the 21st century. He is unique in the art world because he used interlocks to create his art. Now interlocks are basically a form of flowchart tracing overly cozy relationships between boards of directors. And they’re common in accounting and in some forms of litigation, but they’re very, very unusual in the art world. Mark used interlocks to draw what amounts to a continual visual history of the interconnections between intelligence and organized crime and corporations and governments in the shadow banking industry that we’ve heard so much about since 2007. He was particularly fascinated in tracing things like money laundering and tax evasion. He was actually way ahead of Edward Snowden and Julian Assange in releasing a very wide swath of extremely uncomfortable information to the public. What he created was a form of visual wiki-leaks. His own life is actually the missing strand and several of the shadowy visual narratives that make up his work. He died, as you said, a very mysterious death.
JEFF S.: Talk little bit about how Mark first got interested in the shadowy world that he would come to depict in all of these interlocks.
PATRICIA G.: Well, Mark’s research skills were well known in the Houston art world which was very progressive in its politics, at least at that time, through major patrons like the de Menils, who were the heirs to the Schlumberger fortune and the owners of the world-famous de Menil collection and the Rothko Chapel where Mark was married. Sissy Farenthold, a very prominent Texas politician who once ran for president of the United States, was on the board of the Rothko Chapel and she met Mark at a gathering around 1986. Farenthold introduced Mark to an informal investigative salon of young people, in her words, who included a number of lawyers and investigative journalists and prosecutors etc. She also introduced him to Bill White who was changing our Bath former business partner. White was engaged in a long-running series of lawsuits at the time so that the group was digging into interconnections of the Texas Savings and Loan scandals and the Iran Contra funding network. So Mark was tasked to draw out these interconnections in a readable way.
JEFF S.: To what extent was Lombardi simply creating this conceptual art, creating these interlocks from what was the assumed knowledge of the time, as opposed to doing additional work, additional research, to try and find connections that didn’t exist out there, in the popular press for example?
PATRICIA G.: That’s a very good question. Mark was actually very methodical and systematic. He worked very much like the way a historian works. He learned about the flow of hot money largely through published material by well-respected academics and journals. His library, which I ran through in the course of researching the book, consisted of hundreds of books on the financial debacle he drew, which he rigorously boiled down to bullet points of essentially academically and dictated information which he compiled in thousands of 3 x 5 index cards. He would arrange these in a narrative design on the floor next to the drawing he was composing, much like a film director uses a storyboard. But as I explained in the book, at that time he was given a very large stash of internal memos and other primary documents by one of the participants in the scandals. These are documents that were never previously published and would be a prize of any serious historian. At the time I discovered that he was taught how to do interlocks by the lawyer who deposed Richard Shelby who was one of the major middlemen in the Iran Contra scandal and in DCI. So his research was quite professionally grounded,
JEFF S.: Who was it that originally recruited Mark to really start doing this political work in Houston?
PATRICIA G.: Well, I would say it was Farenthold. And you know, he was already rather motivated personally to do it according to a note I found in his files which was apparently written by him. He had a personal run in with the Bushes and it was hard to put this story together because nobody really wanted to talk about it, not even Mark. But according to what I pieced together, Mark moved down to Houston straight out of Syracuse University to work as a curator at the Contemporary Art Museum of Houston, which was a very important job for such a young man. He was hired to do that by Jim Harithas who was the director of the museum and Mark’s college teacher and mentor. And from what I understood from a number of sources under pressure from the board, Harithas terminated him after a famous impromtu bread fight at a major art opening which turned into a major brawl when certain of the eminent guests, who were perhaps inflamed by alcohol, the naughty nature of the proceedings started ripping apart the installation and throwing it around. And a couple of unidentified artists sailed into the melee and started punching up the guests. Now Mark never spoke about this incident again and in fact his ex-wife told me that as the reason for his firing was introduced into a conversation he would actually get up and leave the room. But in his personal files I found this note which looks like it was written by him and it reads “In the late 1970s,” – which is when this incident occurred – “I was working as an organizer of art exhibitions in the Houston area. First International Bank, which was George HW Bush’s bank, barged into the scene at about this time effectively vetoing my participation in a large number of projects.” And Mark said in this note, which is an addendum to the journalism that he was attempting, that he embarked on his research as a form of revenge.
JEFF S.: Was there anybody specifically, a specific individual that he had had a run-in with from the Bush family that really precipitated this?
PATRICIA G.: No, again, this is shared conjecture on my part. From the way the note is put together, from the sounds of this, the Bushes might’ve been present at this gathering.
JEFF S.: What happened to all of Mark’s file cards after his death?
PATRICIA G.: Well, all of them is kind of a subjective number. Because I was told by one major collector of his work that there were as many as 40,000 file cards. And this collector had access to his studio. But what is archived at the Museum of Modern Art in Long Island, the number is about 14,000 cards, a considerably smaller number and when I went to use the cards, all but four on the financial activities of the Bushes, on whom he focused much of his attention, were missing. That really did strike me as extremely odd. I asked the chief archivist if they had archived the Bush material elsewhere, if I had missed it, and she couldn’t answer the question. She referred me to the security department instead.
JEFF S.: To what extent was his interest in these things driven by a desire to continue to uncover new stuff or really to continue to uncover new areas to expand his art and create more interesting interlocks essentially?
PATRICIA G.: I think that Mark was primarily an artist. I think in many ways he can be considered the heir to Marcel Duchamp who was the founder of Dada, one of the most important of the early 20th century art movements. Now Duchamp created his revolutionary art out of ordinary objects like the famous Urinal. Mark took another kind of ordinary object, the interlock, and he used it to pursue that to produce his main track of thought: how the political influence that he was essentially tracing took shape in flows of hot money. And those flows continually expanded and pooled together over the period of years that he was tracing them. So yes, he was constantly expanding his artwork. In fact, he linked all of his drawings together to form one continual drawing he called ‘the one continual drawing in my head’.
JEFF S.: To what degree did accuracy matter to Mark?
PATRICIA G.: A great deal. A great deal, as I said. He worked like a historian and the file cards are amazing because they are very much like what an academic would use in compiling the bibliography and index of a 600- page work. So I think he was very, very scrupulous in his research and he relied on primarily unpublished material but by academics and journalists.
JEFF S.: How was he seen in the art world, his early work, and as his work progressed?
PATRICIA G: He was a late bloomer. He turned out his initial body of work at white-hot speed in the mid 1990s when he was already in his 40s. And he garnered quite a bit of attention with this one body of drawings. He had a solo exhibit in Houston. And the amazing thing about these drawings was that they answered a lot of the questions that John Kerry’s Senate Investigating Committee on BCCI which was winding down at about the same time that Mark was turning out his work, he answered questions that if you read the Kerry committee report they said they didn’t have the time or the resources to pursue. And he was this artist sitting on the floor of a tiny studio in Houston pursuing them.
JEFF S.: How did the subjects of these pieces of art, those that he really reflected in this interlocking aspect of crime and as you say, ‘hot money’, how did they react to what he was doing?
PATRICIA G.: Well, with some discomfort, as you might expect. I was told a story by one of my interviews that one of Neil Bush’s friends came to Mark’s first solo show in Houston and he was looking at a painting on the wall. It was the Silverado painting in which Neil figures and he remarked to someone “Well, I’m going to have to tell Neil that he is represented here.”
JEFF S.: Talk a little bit about the evolution of his work. How did it progress? How were some his later works and later interlocks different from the early ones?
PATRICIA G.: Well, the work became much more complex as he progressed because it all interconnected. So the genesis of his work really was a huge bank called BCCI that some people may not remember. It was a bank that billed itself as Bank of America for the Third World but in fact it was the CIA’s first global money laundry and BCCI was very connected to the subprime crises of the 1970s and 1980s and it was officially closed down in the 1990s. But Mark really developed all of his drawings from his initial two boxes of research into BCCI and ended up in this immense continuum of drawings that makes up his work tracing the genesis of BCCI all the way back to a trove of stolen World War II plunder.
JEFF S.: Talk about the FBI and the CIA and their interest in Mark’s work.
PATRICIA G.: Well, the FBI, the CIA, the Department of Defense and the Office of Naval Research actually all had to study Mark’s work in the wake of 9/11 which wasn’t really made public until my book came out. They were looking for clues for two terrorist social networks. That’s a subject Mark covered in some of his drawings and also for traffic analysis tools which is kind of a funny story because although the NSA, which also studied Mark’s work, may be very good at collecting data on all of us but are not terrific in analyzing it. And when they feed it into a main computer, the visualization tends to come out looking like what they call ‘house of spagetti’. But Mark’s work is actually used in the computer science world to study traffic analysis because he spaced his players in a particular way that makes them very easy to read and sort of aesthetically pleasing and directs the eye in certain ways.
JEFF S.: Tell us a little bit about Mark’s personality . What was he like?
PATRICIA G.: He was a fascinating person. He was a workingclass guy from Syracuse, New York, who had nothing more than a bachelors in fine arts. And he was intensely ambitious, untrained in finance or anything like that but very, very quick intuitively. And his talent as an artist was to be able to apprehend a lot of visual information all at once and to get at the big picture that lies below the surface of things. I suppose many people would call him obsessive. People have tended to use Aspergers as an explanation for his ability to focus very intensely for a very long period of time. I don’t think that that is quite fair or true. Mark was very charming, very funny, exuberant, impish, intensely attractive to women, and very good socially when he wanted to be. And very good verbally. He was a shrewd communicator and a cunning player of the art game who never quite revealed what he was really up to. I mean nobody in the art world, for example, had a clue that he had actually created his work out of interlocks.
JEFF S.: Talk about what happened in March of 2000.
PATRICIA G.: Mark was in the process of opening a very important show at one of the iconic exhibition spaces in New York and everything seemed to be going beautifully for him. He was getting attention, he was getting a great deal of critical acclaim that people were lining up to buy his work, he was making money which had always been an issue for him. His personal life was a bit rocky but that was not unusual. He had recently broken up with a girlfriend depending on whom you talk to and I heard many, many different renditions of this story and in the course of interviewing over 80 people who knew him for over a 50 year period. Depending on whom you talk to he was either happy about that or unhappy about that but he was certainly seeing other women at the time. So he had had a suspicious flood in his studio about three weeks before the show opened. His masterwork, which was the third version of his BCCI series, was very badly water damaged, and this drawing is remarkable because he actually strung all of his previous drawings together on a series of timelines so that you can see exactly how all the scandals from the 1970s onwards sort of add up to this one huge scandal which is BCCI. That painting was almost, almost destroyed but it does remain readable today. So Mark re-created it in a mad workspace. He reconstructed the whole drawing in the space of about four days and some people say that the strain of doing that drove him into a suicidal depression. I don’t quite buy that because he did open the show very successfully with the drawing that he had re-created and people told me that he was quite happy with that drawing. Regardless, about three weeks later he was found hanged in his studio. And the police reports which I got hold of in the beginning of my research, were rather sketchy. A lot of things didn’t ring true. The time of death was never established, for one. Establishing death by hanging is a controversial area of forensic pathology, and the police based their very hasty verdict of death by suicide on the testimony of one witness who appeared increasingly unreliable during the interview process. I actually did track down the two cops who found him , one of whom was a rookie at the time, still very disturbed by the experience. He was a policeman who actually pushed open the transom which is how they got into Mark’s studio and there was Mark staring him straight in the face because he didn’t hang from a sprinkler pipe and he had an open bottle of champagne suspended beside him. Till today I have never really seen anyone take a drink on the way out.
JEFF S.: Talk about the flood. What is it that made it suspicious? What do we know about that?
PATRICIA G.: Well, it was a sprinkler flood. And a lot of rumor and conjecture exist in the art world about Mark’s suicide/death/murder. But one artist told me what sounded like a rather implausible story that he had tried to hang himself earlier, at the time of this flood from one of the sprinkler pipes, and that his weight is what broke the pipe and that’s what caused the flood. That’s actually very difficult for that kind of a factor to trigger a flood. I mean sprinkler pipes go off because of fire or they can go off because of a sharp blow applied to a pipe from an upstairs apartment to the gage, to the gage on the pipe line or to apply heat to that gage, that can trigger a flood in the downstairs apartment but someone hanging himself, no, not very likely.
JEFF S.: Talk a little bit about whether or not there was any history of depression or mental illness or anything else with respect to him.
PATRICIA G.: No, there was no critical history of depression. In retrospect certain members of Mark’s family told me that they felt he was depressed. However, his mother, who was really the closest person to call me before she died – she died in 2012 – she told me that she had talked to him a couple of days before he was found and he said he was absolutely jubilant at the success his work had brought him and at the prospect of moving in with his girlfriend. So, you know, a lot of this doesn’t compute.
JEFF S.: The police report after his death, and all the investigation was, as you talk about it, a bit sketchy. Talk about that and was that normal at the time in terms of police procedure or was that unusual?
PATRICIA G.: Well, the circumstances surrounding his death were really quite strange. He had no clinical history of depression and his mother to whom he was closest and to whom he spoke almost daily, told me that he had told her that he was actually very happy a couple of weeks, a couple of days rather, before he died. And I believe that because Mark was quite single-mindedly ambitious and he was getting the success that he had worked for, for decades by this time, to achieve. He may have been unhappy at the breakup of a relationship but he was extremely attractive to women and extremely attracted to women, and in fact he was seeing somebody else at the time. So I actually began my research by getting hold of the police report through a friend of mine in the homicide division in New York, and there were a lot of things that didn’t ring quite true. A time of death was never established for one thing and that’s very important in this kind of investigation and standard procedure and establishing death by hanging is a controversial area in forensic pathology. That and the fact that the police based their very hasty verdict of death by suicide to close the case today on the testimony of one witness who appeared increasingly unreliable during the interview process. I actually ended up tracking down the two cops who found him. One of them who was a rooky at the time and showed signs of doubt; that and the other pillar, that there are other pillars of evidence which was the absence of signs of struggle and the fact that the door was securely locked from the inside are also questionable as I explained in my book. But the exact nature of what’s in the drawing which can cause any number of people to want him dead.
JEFF S.: Is there anything in the drawings, all of them, that was what we would classify, I suppose, is original material? One of the things you’ve talked about is that in many ways he worked based upon academic reports, in journalism, and in all the material that he could get his hands on, and he was graded at bringing all of this together in these interlocks. But was there anything in this material that was revealing of anything that hadn’t been revealed anywhere else?
PATRICIA G.: Well, I did find in his files a large cache of internal memos and other primary documents from James R Bath Company Highway and some of these connections come up in in the George W. Bush Harken Energy Jackson Stevens drawing which was of interest to the FBI after Mark’s death.
JEFF S.: Did the FBI ever do anything with any of that to your knowledge?
PATRICIA G.: Well, it might be known that the FBI went to the Whitney after Mark died to look at one of his big BCCI drawings but the FBI was really interested in the relationship between how bin Mahfouz was anchored to the Saudi Royals and certain Islamic charities in Virginia that were allegedly funding Al Qaeda and that the FBI ended up raiding in 2002. And there are some clues to those interconnections in the Lombardi and the George W. Bush Harken Energy Jackson Stephens drawing which focuses on Bush’s oil companies. Now bin Mahfouz allegedly bankrolled Arbusto which was one of George W. Bush’s companies through James Bath who represented Saudi business interests in America; and one of the documents I did find in Mark’s files was a copy of the 1976 trust agreement between James Bath and Salem bin Laden who was Osama’s older brother and died in a crash a few years later. bin Mahfouz was also allegedly the real owner of that aircraft leasing company Skyways. Now interestingly, bin Mahfouz himself doesn’t actually appear in this drawing. However, Salem bin Laden and also Abdullah Taka Bakhsh who was a major Harken shareholder and CEO of a Halliburton subsidiary who had close ties to bin Mahfouz does appear as a central hub or connection along with James Bath and so does Fox’s representative on the Harken board, an influential business name, who opened the 2000 Republican national convention with the Muslim benediction on Bush’s behalf and later successfully protested the FBI raid on the Virginia charities in a private meeting with Bush’s treasury secretary, Paul O’Neill.
JEFF S.: If not suicide, where does your speculation, or where can speculation lead in terms of the cause of Mark’s death?
PATRICIA G.: Well, I have to point out that Mark was actually pretty equal opportunity in his finger-pointing. He did focus a lot of attention on the Bushes for the reasons I go into in the book and he did die during the presidential election in which at least one of his drawings might have had an impact. That he did a number of important drawings that focused attention on the Clintons and knowing a little group of Indonesians and the Riady family who were the sources of Chinese influence peddling during the Clinton administration. Also Mark Rich who is famously connected to the Clintons was one of the key middlemen that hooked Mark’s drawings together as is Jackson Stephens who funded both the Bush and the Clinton campaign, so you know overall Mark was really more like a social scientist and political partisan and that I believed his overwhelming interest was in getting this whole financial system done on paper for everyone to see. And in fact, he had reportedly been threatened in the late 1990s. He got a call from someone telling him to back off investigating the five major New York Times families who were the subject of a preparatory sketch he had been working on. He mentioned it to a Williamsburg publication and it was repeated after his death by a German freelance journalist. So there are a lot of names in these drawings. One of them told me that he wouldn’t know a Lombardi drawing from a Mona Lisa.
JEFF S.: In the material that you’ve uncovered since in your investigation and your work on this, does it lead anyplace in particular?
PATRICIA G.: Well, you know I have to be careful to point out that I don’t have anything like the smoking gun, that I don’t have the power to pin people and I have many, many different stories from almost everyone I talked to on this subject. But the heft of circumstantial evidence makes me feel that at the minimum a lot more questions should have been asked at the time of his death.
JEFF S.: And is your conclusion that didn’t really suicide just seem the most unlikely scenario?
PATRICIA G.: Well, it’s not my impression of Mark as a human being. He was tremendously vital and totally committed to his work. They said he was getting where he wanted to go and he was quite ebullient really, as a person, very high energy. Now of course, you know, I didn’t know the man and it’s always possible for certain personality types to be very volatile and from what people told me he was particularly, when he had been drinking, but no, it doesn’t stack up with where he was going in his life at the time. Because he was really on the verge of very major success.
JEFF S.: Is there any evidence that he was on to something or that he had made a connection, or that his research had taken him somewhere that was new and heretofore undiscovered?
PATRICIA G.: Well, that’s an interesting question. One of his drawings, one of his late drawings is called George
Bush Harken Energy Jackson Stephens and the drawing focuses on relationships that apparently – my source for this was a rather particular intelligence newsletter that came out in March of 2000 - said that the Bush campaign might run into trouble over the Bush relationship with Khaled bin Mahfouz who was anchored to the Saudi royals and very much a presence in Houston. This drawing that Mark had done focused on that relationship.
JEFF S.: What was the interest like in his work after his death?
PATRICIA G.: Well, his prices took off, certainly. One of his larger drawings recently went up for sale at one of the most prominent art galleries in the country priced at $450,000. He’s been quite avidly collected. The Whitney has a major holding of his works, the Museum of Modern Art has a major holding of his work. A number of eminent computer scientists collect his works. There’s Robert in Germany who I think owns four of the drawings. Robert, whom I interviewed, is engaged in trying to convert Mark’s drawings into hypertext, stringtext, which means you click on the name and it pulls up the whole history. Through the drawings of the problems he told me he had had in completing this, was that some of the drawings are not available to view because they are in private collections.
JEFF S.: is there any work that disappeared after his death that anybody is aware of?
PATRICIA G.: The George Bush Harken Energy drawing did migrate to Germany for quite a number of years but it’s back in the United States now. Some people that I interviewed said they felt that drawings had disappeared from his studio but his studio was not actually very well secured. But it’s after his death and impossible to substantiate that.
JEFF S.: Patricia Goldstone: the book is Interlock: Art,Conspiracy, and the Shadow Worlds of Mark Lombardi. Patricia, thanks so much for spending time with us here on radio who-what-why.
PATRICIA: Oh, thank you for having me on the show.
JEFF S.: Thank you. And thank you for listening and joining us here on radio who-what-why. I hope you’ll join us next week for another radio who-what-why podcast. I’m Jeff Schechtman. If you like this podcast, please feel free to share it and help other people find it by rating and reviewing it on iTunes. You can also support this podcast and all the work we do by going to who-what-why.org/donate
Critics have long questioned why violent intervention was necessary in Libya. Hillary Clinton’s recently published emails confirm that it was less about protecting the people from a dictator than about money, banking, and preventing African economic sovereignty.
The brief visit of then-Secretary of State Hillary Clinton to Libya in October 2011 was referred to by the media as a “victory lap.” “We came, we saw, he died!” she crowed in a CBS video interview on hearing of the capture and brutal murder of Libyan leader Muammar el-Qaddafi.
But the victory lap, write Scott Shane and Jo Becker in the New York Times, was premature. Libya was relegated to the back burner by the State Department, “as the country dissolved into chaos, leading to a civil war that would destabilize the region, fueling the refugee crisis in Europe and allowing the Islamic State to establish a Libyan haven that the United States is now desperately trying to contain.”
US-NATO intervention was allegedly undertaken on humanitarian grounds, after reports of mass atrocities; but human rights organizations questioned the claims after finding a lack of evidence. Today, however, verifiable atrocities are occurring. As Dan Kovalik wrote in the Huffington Post, “the human rights situation in Libya is a disaster, as ‘thousands of detainees [including children] languish in prisons without proper judicial review,’ and ‘kidnappings and targeted killings are rampant’.”
Before 2011, Libya had achieved economic independence, with its own water, its own food, its own oil, its own money, and its own state-owned bank. It had arisen under Qaddafi from one of the poorest of countries to the richest in Africa. Education and medical treatment were free; having a home was considered a human right; and Libyans participated in an original system of local democracy. The country boasted the world’s largest irrigation system, the Great Man-made River project, which brought water from the desert to the cities and coastal areas; and Qaddafi was embarking on a program to spread this model throughout Africa.
But that was before US-NATO forces bombed the irrigation system and wreaked havoc on the country. Today the situation is so dire that President Obama has asked his advisors to draw up options including a new military front in Libya, and the Defense Department is reportedly standing ready with “the full spectrum of military operations required.”
The Secretary of State’s victory lap was indeed premature, if what we’re talking about is the officially stated goal of humanitarian intervention. But her newly-released emails reveal another agenda behind the Libyan war; and this one, it seems, was achieved.
Mission Accomplished?
Of the 3,000 emails released from Hillary Clinton’s private email server in late December 2015, nearly a third were from her close confidante Sidney Blumenthal, the Clinton aide who gained notoriety when he testified against Monica Lewinsky. One of these emails, dated April 2, 2011, reads in part:
Qaddafi’s government holds 143 tons of gold, and a similar amount in silver . . . . This gold was accumulated prior to the current rebellion and wasintended to be used to establish a pan-African currency based on the Libyan golden Dinar. This plan was designed to provide the Francophone African Countries with an alternative to the French franc (CFA).
In a “source comment,” the original declassified email adds:
According to knowledgeable individuals this quantity of gold and silver is valued at more than $7 billion. French intelligence officers discovered this plan shortly after the current rebellion began, and this was one of the factors that influenced President Nicolas Sarkozy’s decision to commit France to the attack on Libya. According to these individuals Sarkozy’s plans are driven by the following issues:
A desire to gain a greater share of Libya oil production,
Increase French influence in North Africa,
Improve his internal political situation in France,
Provide the French military with an opportunity to reassert its position in the world,
Address the concern of his advisors over Qaddafi’s long term plans to supplant France as the dominant power in Francophone Africa
Conspicuously absent is any mention of humanitarian concerns. The objectives are money, power and oil.
Other explosive confirmations in the newly-published emails are detailed by investigative journalist Robert Parry. They include admissions of rebel war crimes, of special ops trainers inside Libya from nearly the start of protests, and of Al Qaeda embedded in the US-backed opposition. Key propaganda themes for violent intervention are acknowledged to be mere rumors. Parry suggests they may have originated with Blumenthal himself. They include the bizarre claim that Qaddafi had a “rape policy” involving passing Viagra out to his troops, a charge later raised by UN Ambassador Susan Rice in a UN presentation. Parry asks rhetorically:
So do you think it would it be easier for the Obama administration to rally American support behind this “regime change” by explaining how the French wanted to steal Libya’s wealth and maintain French neocolonial influence over Africa – or would Americans respond better to propaganda themes about Gaddafi passing out Viagra to his troops so they could rape more women while his snipers targeted innocent children? Bingo!
Toppling the Global Financial Scheme
Qaddafi’s threatened attempt to establish an independent African currency was not taken lightly by Western interests. In 2011, Sarkozy reportedly called the Libyan leader a threat to the financial security of the world. How could this tiny country of six million people pose such a threat? First some background.
It is banks, not governments, that create most of the money in Western economies, as the Bank of England recently acknowledged. This has been going on for centuries, through the process called “fractional reserve” lending. Originally, the reserves were in gold. In 1933, President Franklin Roosevelt replaced gold domestically with central bank-created reserves, but gold remained the reserve currency internationally.
In 1944, the International Monetary Fund and the World Bank were created in Bretton Woods, New Hampshire, to unify this bank-created money system globally. An IMF ruling said that no paper money could have gold backing. A money supply created privately as debt at interest requires a continual supply of debtors; and over the next half century, most developing countries wound up in debt to the IMF. The loans came with strings attached, including “structural adjustment” policies involving austerity measures and privatization of public assets.
After 1944, the US dollar traded interchangeably with gold as global reserve currency. When the US was no longer able to maintain the dollar’s gold backing, in the 1970s it made a deal with OPEC to “back” the dollar with oil, creating the “petro-dollar.” Oil would be sold only in US dollars, which would be deposited in Wall Street and other international banks.
In 2001, dissatisfied with the shrinking value of the dollars that OPEC was getting for its oil, Iraq’s Saddam Hussein broke the pact and sold oil in euros. Regime change swiftly followed, accompanied by widespread destruction of the country.
In Libya, Qaddafi also broke the pact; but he did more than just sell his oil in another currency.
For decades, Libya and other African countries had been attempting to create a pan-African gold standard. Libya’s al-Qadhafi and other heads of African States had wanted an independent, pan-African, “hard currency.”
Under al-Qadhafi’s leadership, African nations had convened at least twice for monetary unification. The countries discussed the possibility of using the Libyan dinar and the silver dirham as the only possible money to buy African oil.
Until the recent US/NATO invasion, the gold dinar was issued by the Central Bank of Libya (CBL). The Libyan bank was 100% state owned and independent. Foreigners had to go through the CBL to do business with Libya. The Central Bank of Libya issued the dinar, using the country’s 143.8 tons of gold.
Libya’s Qadhafi (African Union 2009 Chair) conceived and financed a plan to unify the sovereign States of Africa with one gold currency (United States of Africa). In 2004, a pan-African Parliament (53 nations) laid plans for the African Economic Community – with a single gold currency by 2023.
African oil-producing nations were planning to abandon the petro-dollar, and demand gold payment for oil/gas.
Showing What Is Possible
Qaddafi had done more than organize an African monetary coup. He had demonstrated that financial independence could be achieved. His greatest infrastructure project, the Great Man-made River, was turning arid regions into a breadbasket for Libya; and the $33 billion project was being funded interest-free without foreign debt, through Libya’s own state-owned bank.
That could explain why this critical piece of infrastructure was destroyed in 2011. NATO not only bombed the pipeline but finished off the project by bombing the factory producing the pipes necessary to repair it. Crippling a civilian irrigation system serving up to 70% of the population hardly looks like humanitarian intervention. Rather, as Canadian Professor Maximilian Forte put it in his heavily researched book Slouching Towards Sirte: NATO’s War on Libya and Africa:
[T]he goal of US military intervention was to disrupt an emerging pattern of independence and a network of collaboration within Africa that would facilitate increased African self-reliance. This is at odds with the geostrategic and political economic ambitions of extra-continental European powers, namely the US.
Mystery Solved
Hillary Clinton’s emails shed light on another enigma remarked on by early commentators. Why, within weeks of initiating fighting, did the rebels set up their own central bank? Robert Wenzel wrote in The Economic Policy Journal in 2011:
This suggests we have a bit more than a rag tag bunch of rebels running around and that there are some pretty sophisticated influences. I have never before heard of a central bank being created in just a matter of weeks out of a popular uprising.
It was all highly suspicious, but as Alex Newman concluded in a November 2011 article:
Whether salvaging central banking and the corrupt global monetary system were truly among the reasons for Gadhafi’s overthrow . . . may never be known for certain – at least not publicly.
There the matter would have remained – suspicious but unverified like so many stories of fraud and corruption – but for the publication of Hillary Clinton’s emails after an FBI probe. They add substantial weight to Newman’s suspicions: violent intervention was not chiefly about the security of the people. It was about the security of global banking, money and oil.
Errata: Sidney Blumenthal is not an attorney, as originally stated in this article. When he earned notoriety as Bill Clinton’s defender against Monica Lewinsky, it was as special adviser for the Clintons.
The Hemp Revolution (1995) covers the history, cultivation and usage of hemp including food, fuel, building material and medicine. It also explores some of the factors behind the prohibition of hemp production in the U.S. in 1938 (including pressure from the petro-chemical industry). The impressive roster of interview subjects featured in the film includes such notable figures as Dr. Andrew Weil, Dr. Lester Grinspoon, Terence McKenna, Peter Dale Scott, and Prof. Sheri Tonn among many others.
The Emperor of Hemp (1999) documents the life of Jack Herer, his struggle for the decriminalization of cannabis and hemp and his legacy. It’s also an overview of his seminal book The Emperor Wears No Clothes: The Official Hemp Bible including the history and many utilizations of hemp, the conspiracy against it, and a rallying cry to end its prohibition.
At the March 9 Democratic debate, Hillary Clinton had this to say about competitor Bernie Sanders’s favorable comments on Castro’s Cuba and the Sandinista regime in the ’80s: “if the values are that you oppress people, you disappear people, imprison people or even kill people for expressing their opinions…, that is not the kind of revolution of values that I ever want to see anywhere.” This, coming from a former Secretary of State who backed a right-wing coup in Honduras and proudly name-drops Henry Kissinger — Henry Kissinger! — as a close friend and mentor, is the kind of thing the Onion can’t compete with.
If Kissinger was known for anything in his years as National Security Adviser and Secretary of State, it was installing dictators who oppressed, disappeared and imprisoned people. He oversaw a wave of coups that swept South America in the late ’60s and ’70s, installing right-wing military regimes that tortured, murdered or disappeared dissidents by the thousands, and where a common fate for labor and peasant activists was to be found in a ditch with their faces hacked off. Under Kissinger the U.S. actively supported Operation Condor — the program by which these South American dictators used torture and murder to suppress opposition — with military aid and technical assistance. He gave the green light to Indonesia’s genocidal invasion of East Timor.
Clinton has a long history of close personal friendship with this monster, and indeed touts herself as something of a protege. According to both Hillary and Bill, Kissinger praised her for running the State Department better than anybody in decades. And well might he praise her, because she’s followed in his footsteps in many ways. As Secretary of State, she oversaw the sale of millions of dollars worth of arms to despotic regimes that oppressed, disappeared and imprisoned people for expressing their opinions — many of which regimes were also large donors to the Clinton Foundation. And while we’re on the subject of people being murdered and disappeared, how about Berta Caceres — an activist murdered by the right-wing Honduran regime whose seizure of power Clinton backed in 2009?
As senator, Clinton voted to authorize George Bush’s criminal war of aggression on Iraq, which has resulted in hundreds of thousands of Iraqi deaths since 2003. She says now it was “a mistake.” It was a mistake all right. She mistakenly believed the vote would make her more viable as a future presidential candidate. She mistakenly predicted the way the political winds would be blowing when she decided to run for president.
And don’t forget Clinton’s support for the Obama administration’s indiscriminate use of drones for extrajudicial killing. Many of the victims were civilians, and hundreds of them were actually children.
If you add it all up, Hillary Clinton still isn’t quite the war criminal her old friend and mentor Henry Kissinger is. Those are some big, bloody shoes to fill. But if she’s elected she’ll grow into them.
The Bank for International Settlements (BIS) is worried that recent ructions in the equities markets could be a sign that another financial crisis is brewing. In a sobering report titled “Uneasy calm gives way to turbulence” the BIS states grimly: “We may not be seeing isolated bolts from the blue but the signs of a gathering storm that has been building for a long time.”
The authors of the report are particularly concerned that the plunge in stock prices and the slowdown in global growth are taking place at the same time that investor confidence in central banks is waning. The Bank Of Japan’s announcement that it planned to introduce negative interest rates (aka–NIRP or negative interest rate policy) in late January illustrates this point. The BOJ hoped that by surprising the market, the policy would have greater impact on borrowing thus generating more growth. But, instead, the announcement set off a “second phase of turbulence” in stock and currency markets as nervous investors sold off risk assets and moved into safe haven bonds. The BOJ’s action was seen by many as act of desperation by a policymaker that is rapidly losing control of the system. According to the BIS:
“Underlying some of the turbulence of the past few months was a growing perception in financial markets that central banks might be running out of effective policy options.”
This is a recurrent theme in the BIS report, the notion that global CBs have already used their most powerful weapons and are currently trying to muddle-by with untested, experimental policies like negative rates that slash bank profitability while having little impact on lending.
While the BIS report provides a good rundown of recent events in the financial markets, it fails to blame central banks for any of the problems for which they alone are responsible. The sluggish performance of the global economy, the massive debt overhang, and the erratic behavior of the stock market are all directly attributable to the cheap money policies coordinated and implemented by central banks following the Great Recession in 2008. It’s hard to believe that the BIS’s failure to insert this fact into its narrative was purely accidental.
But the real problem with the BIS report is not that it refuses to assign blame for the current condition of the markets and the economy, but that it deliberately misleads its readers about the facts. While it’s true that China is facing slower growth, oil prices are plunging, emerging markets have been battered by capital flight, and yields on junk bonds are relentlessly rising, it’s also true that central bank policy is not primarily designed to address these problems, but to ensure the continued profitability of its main constituents, the big banks and mega-corporations. Keep in mind, the global economy has been sputtering for the last 6 years, but the BIS has only expressed alarm just recently. Why? What’s changed?
What’s changed is profits are down, and when profits are down, Wall Street and its corporate allies lean on the central banks to work the levers to improve conditions. Here’s more on the so called “earnings recession” from an article in the Wall Street Journal titled “S&P 500 Earnings: Far Worse Than Advertised”:
“There’s a big difference between companies’ advertised performance in 2015 and how they actually did.
How big? ….S&P earnings per share fell by 12.7%, according to S&P Dow Jones Indices. That is the sharpest decline since the financial crisis year of 2008. Plus, the reported earnings were 25% lower than the pro forma figures—the widest difference since 2008 when companies took a record amount of charges.
The implication: Even after a brutal start to 2016, stocks may still be more expensive than they seem. Even worse, investors may be paying for earnings and growth that aren’t anywhere near what they think. The result could be that share prices have even further to fall before they entice true value investors.” ( “S&P 500 Earnings: Far Worse Than Advertised“, Wall Street Journal)
Profits are down and stocks are in trouble. Is it any wonder why the BIS is running around with its hair on fire?
Also, corporate earnings have dropped for two straight quarters which is a sign that the economy is headed for a slump. Take a look at this clip from CNBC:
“Recessions have followed consecutive quarters of earnings declines 81 percent of the time, according to an analysis from JPMorgan Chase strategists, who said they combed through 115 years of records for their findings.”(CNBC)
“81 percent” chance of a recession?
Yep.
This is what the BIS is worried about. They could are less about China or the instability they’ve created with their zero rates and cheap money policies. Those things simply don’t factor into their decision-making. It’s all just fluff for the sheeple. Here’s more from Jim Quinn at Burning Platform:
“The increasing desperation of corporate CEOs is clear, as accounting gimmicks and attempts to manipulate earnings in 2015 has resulted in the 2nd largest discrepancy between reported results and GAAP results in history, only surpassed in 2008…..Based on fake reported earnings per share, the profits of the S&P 500 mega-corporations were essentially flat between 2014 and 2015…..earnings per share plunged by 12.7%, the largest decline since the memorable year of 2008….
With approximately $270 billion of “one time” add-backs to income used to deceive the public, the true valuation of the median S&P 500 stock is now the highest in history – higher than 1929, 2000, and 2007. Wall Street’s latest con game, with the active participation of corporate CEO co-conspirators, is a last ditch effort to fend off the inevitable stock market crash….All economic indicators are flashing red for recession. Stocks are poised for a 40% decline faster than you can say Wall Street criminal banks.” (“The Great Corporate Earnings Fraud“, Burning Platform)
Get it? When the profitability of the world’s biggest corporations are at stake, the central banks will move heaven and earth to lend a hand. This was the basic subtext of the discussions at the recent G-20 summit in Shanghai, China. The finance ministers and central bankers wracked their brains for two days to see if they could settle on new strategies for boosting earnings. In fact, the austerity-minded IMF even called on the G-20 to support a coordinated plan for fiscal stimulus to boost activity and decrease the risks to the equities markets. Unfortunately, finance ministers balked because fiscal stimulus puts upward pressure on wages and shifts more wealth to working stiffs. That’s why the idea was shelved, because the oligarchs can’t stand the idea that workers are getting a leg-up. What they want is a workforce that scrapes by on minimum wage and lives in constant fear of losing their job. The class war continues to be a top priority among the nations voracious CEOs and corporate bigwigs.
The “failed” G-20 summit was clearly a turning point for the markets. Now that the central banks are out of ammo, the only hope to keep stock prices artificially high rested on Keynesian fiscal stimulus injected directly into the real economy. That hope was extinguished at the meetings. The prospect that equities can continue to climb higher in the face of shrinking profits, tighter credit, slower growth and bigger corporate debtloads is unrealistic to say the least. Just check out this excerpt from a recent article at Bloomberg:
“Companies still have a little time before they must pay down the bulk of $9.5 trillion of debt maturing in the next five years….But it’s not getting any easier for these corporations to borrow, at least not in the U.S. In fact, many of these obligations are becoming harder and more expensive to repay at a time when companies face a historic pile of bonds and loans coming due.
It’s not terribly surprising that companies have a bigger debt load to pay down. They borrowed trillions of dollars on the heels of unprecedented stimulus efforts started by the Federal Reserve at the end of 2008 during the worst financial crisis since the Depression. They kept piling on the leverage as central banks around the world doubled down on low-rate policies and kept purchasing assets to encourage investors to buy riskier securities….”(“Scaling the $9.5 trillion debt wall, Bloomberg)
What the author is saying is that central bank policy seduced corporations into borrowing tons of money that they frittered-away on stock buybacks and dividends, neither of which create the revenue streams necessary to repay their debts. So rather than build their companies for the future, (Business investment is at record lows) corporations have been behaving the same way the Wall Street banks acted before the Crash of ’08. They’ve been borrowing trillions from Mom and Pop investors via the bond market, goosing their share prices through stock buybacks, increasing executive compensation, and dumping the money in offshore accounts. Now the bill is coming due, and they don’t have the money to repay the debt or the earnings-potential to avoid default. Something’s gotta give.
Corporate red ink is one of many reasons why the BIS thinks “We may not be seeing isolated bolts from the blue but the signs of a gathering storm that has been building for a long time.” Like the gigantic asset-price bubble in stocks, it’s a sign that the economy and the markets are headed for a long and painful period of adjustment.
The Hemp Revolution (1995) covers the history, cultivation and usage of hemp including food, fuel, building material and medicine. It also explores some of the factors behind the prohibition of hemp production in the U.S. in 1938 (including pressure from the petro-chemical industry). The impressive roster of interview subjects featured in the film includes such notable figures as Dr. Andrew Weil, Dr. Lester Grinspoon, Terence McKenna, Peter Dale Scott, and Prof. Sheri Tonn among many others.
After the Crash 