How The American Neoconservatives Destroyed Mankind’s Hopes For Peace

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By Paul Craig Roberts

Source: TruePublica.org

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

I know about this, because I was part of it. I helped Reagan create the economic base for bringing the threat of a new arms race to a failing Soviet economy in order to pressure the Soviets into agreement to end the Cold War, and I was appointed to a secret presidential committee with subpeona power over the CIA. The secret committee was authorized by President Reagan to evaluate the CIA’s claim that the Soviets would prevail in an arms race. The secret committee concluded that this was the CIA’s way of perpetuting the Cold War and the CIA’s importance.

The George H. W. Bush administration and its Secretary of State James Baker kept Reagan’s promises to Gorbachev and achieved the reunification of Germany with promises that NATO would not move one inch to the East.

The corrupt Clintons, for whom the accumulation of riches seems to be their main purpose in life, violated the assurances given by the United States that had ended the Cold War. The two puppet presidents—George W. Bush and Obama—who followed the Clintons lost control of the US government to the neocons, who promptly restarted the Cold War, believing in their hubris and arrogance that History has chosen the US to exercise hegemony over the world.

Thus was mankind’s chance for peace lost along with America’s leadership of the world. Under neocon influence, the United States government threw away its soft power and its ability to lead the world into a harmonious existance over which American influence would have prevailed.

Instead the neocons threatened the world with coercion and violence, attacking eight countries and fomenting “color revolutions” in former Soviet republics.

The consequence of this crazed insanity was to create an economic and military strategic alliance between Russia and China. Without the neocons’ arrogant policy, this alliance would not exist. It was a decade ago that I began writing about the strategic alliance between Russia and China that is a response to the neocon claim of US world hegemony. http://www.rense.com/general77/tus.htm

The strategic alliance between Russia and China is militarily and economically too strong for Washington. China controls the production of the products of many of America’s leading corporations, such as Apple. China has the largest foreign exchange reserves in the world. China can, if the government wishes, cause a massive increase in the American money supply by dumping its trillions of dollars of US financial assets.

To prevent a collapse of US Treasury prices, the Federal Reserve would have to create trillions of new dollars in order to purchase the dumped financial instruments. The rest of the world would see another expansion of dollars without an expansion of real US output and become skeptical of the US dollar. If the world abandoned the US dollar, the US government could no longer pay its bills.

Europe is dependent on Russian energy. Russia can cut off this energy. There are no alternatives in the short-run, and perhaps not in the long run. If Russia shuts off the energy, Germany industry shuts down. Europeans freeze to death in the winter. Despite these facts, the neocons have forced Europe to impose economic sanctions on Russia. What if Russia responded in kind?

NATO, as US military authorities admit, has no chance of invading Russia or withstanding a Russian attack on NATO. NATO is a cover for Washington’s war crimes. It can provide no other service.

Thanks to the greed of US corporations that boosted their profits by offshoring their production to China, China is modernized many decades before the neocons thought possible. China’s military forces are modernized with Russian weapons technology. New Chinese missiles make the vaunted US Navy and its aircraft carriers obsolete.

The neocons boast how they have surrounded Russia, but it is America that is surrounded by Russia and China, thanks to the incompetent leadership that the US has had beginning with the Clintons. Judging from Hillary’s support in the current presidential primaries, many voters seem determined to perpetuate incompetent leadership.

Despite being surrounded, the neocons are pressing for war with Russia which means also with China. If Hillary Clinton makes it to the White House, we could get the neocon’s war.

The neocons have flocked to the support of Hillary. She is their person. Watch the feminized women of America put her in office. Keep in mind that Congress gave its power to start wars to the president.

The United States does not have a highly intelligent or well informed population. The US owes its 20th century dominance to World War I and World War II which destroyed more capable countries and peoples. America became a superpower because of the self-destruction of other countries.

Despite neocon denials that their hubris has created a powerful alliance against the US, a professor at the US Navy War College stresses the reality of the Russian-Chinese strategic alliance. http://sputniknews.com/world/20160414/1037981155/russia-china-cooperation.html

Last August a joint Russian-Chinese sea and air exercise took place in the Sea of Japan, making it clear to America’s Japanese vassal that it was defenceless if Russia and China so decided.

The Russian defense minister Sergey Shoigu said that the joint exercise illustrates the partnership between the two powers and its stabilizing effect on that part of the world.

Chinese Foreign Minister Wang Yi said that Russian-Chinese relations are able to resist any international crises.

The only achievements of the American neoconservatives are to destroy in war crimes millions of peoples in eight countries and to send the remnant populations fleeing into Europe as refugees, thus undermining the American puppet governments there, and to set back the chances of world peace and American leadership by creating a powerful strategic alliance between Russia and China.

This boils down to extraordinary failure. It is time to hold the neoconservatives accountable, not elect another puppet for them to manipulate.

Paul Craig Roberts was Assistant Secretary of the Treasury for Economic Policy from 1975 to 1978. Dr. Roberts served on the congressional staff where he drafted the Kemp-Roth bill and played a leading role in developing bipartisan support for a supply-side economic policy. After leaving the Treasury, he served as a consultant to the U.S. Department of Defense and the U.S. Department of Commerce.

Bush-Clinton Mafia Dynasties Merry-Go-Round

The_Godfather_LogoBy Gilbert Mercier

Source: News Junkie Post

If a space or a time traveler would set his time ship’s dial to 2015, with the United States as its destination, one could think that a mandatory preparation for the journey to understand the US’ political system would be an attentive study of the Constitution. After all, the document, drafted in 1787 by the so called “founding fathers” and finally ratified three later in 1790 in its original form, is supposed to be the foundation of the US’ political edifice. Two hundred and twenty-five years later, the document has been so much thoroughly gutted of its substantial original merits, at least in its spirit if not its letter, that the foundation of the building has become a superfluous architectural ornament. While the US Constitution was far from being revolutionary and granted equal rights only to white male landowners, it marked, in conjunction with the French revolution of 1789, a resolute break from the European kingdoms. No kings or queens could ever claim this land again, under any circumstance. A republic, ruled by a meritocracy of well-educated Anglo-Saxon patrician men, was born. Since 190 years after the US Constitution’s ratification, however, which is exactly since 1980, the country has been ruled by two dynasties or their surrogates: the Bushes and the Clintons.

American royal mafia and co: organized crime as political model

To understand the undemocratic and extremely seedy side of US modern-day politics, it would be imperative for our time traveler, de Tocqueville in training, to watch two classics of American cinema: “The Godfather” and “The Godfather Part II”. Director Francis Ford Coppola, in his fictional, yet extremely well-researched and documented films, invited us inside the US’ underbelly. During the 19th century and up to the early 20th century, a massive numbers of poor immigrants, mainly Italians, Irish and Jews from eastern Europe, were lured to the Americas largely to escape economic hardship. Those who landed in the US quickly understood that they were excluded from or at best marginalized in this promised land run by white Anglo-Saxon Protestants. The more ambitious ones, unencumbered by moral boundaries, developed their own form of government and social code of conduct in the form of a tightly knit family-like structure that usually strictly followed ethnic lines. The birth of organized crime in the US, either Italian, Jewish or Irish, was a direct consequence of the fight for survival of communities that were deliberately excluded from power or even any political discourse.

Mafia families had a strictly enforced code of conduct and precise hierarchy, with a Don (boss) at the top; a Consiglierie (adviser to the head of the family) directly picked by the Don; an Under-Boss who was usually groomed to be the Don’s successor; Capos (the lieutenants), and “soldiers”. In the 1930s, under the supervision of Lucky Luciano, the Don of all Dons, not only the five Italian mafia families worked together, but they also collaborated on many occasions with the Jewish and Irish mafia. In this parallel brand of power and economy, mafia families extracted contributions (a primitive form of taxation of usually 10 percent of income) from businesses, ironically to protect them from random criminal activity. By the mid-1930s mafia families controlled large sections of the US economy. The prohibition of alcoholic beverages, which spanned from 1920 to 1933, marked the apogee of the mafia families, either Italian, Jewish or Irish. The mob controlled the flow of liquor, and Americans were thirsty.

During the prohibition era, Joe Kennedy (father of John F. Kennedy and Robert F. Kennedy), the patriarch of a family that passed for being true US aristocracy although he had been the grandson of a dirt-poor potato-famine Irish immigrant, substantially increased his vast fortune by importing, from the UK and Canada, and selling illicit liquor in association with Italian-American don Frank Costello and Jewish gangster Meyer Lansky. Joe Kennedy had an edge on the competition: he went into the prohibition era in 1920 with large stocks of booze from his father’s own stores. In what cannot be a coincidence, on the day prohibition ended 13 years later, Joe Kennedy had three exclusive deals to import British whiskey and gin, as well as a extensive network of retailers already in place. Kennedy understood that his political ambitions for his sons would require vast amounts of money. Like any mafia bosses, don Joe Kennedy wanted to start a dynasty at any cost and regardless of moral or even legal considerations. In the US, money meant power, and this is a notion that was the motto for both supposed blue-blood patriarch Kennedy and don Lucky Luciano.

Bush mafia vs Clinton mafia: Defining US politics from 1980 to 2016

Arguably, the first term of George H. Bush, founder of the Bush dynasty, started in 1980 when he officially became Vice President or, to use the mafia term, super under-boss to Ronald Reagan, an aging actor, perhaps already senile, hired to perform the role of global don: “Leader of the free world” and most powerful man on earth, according to US mainstream media propaganda. Bush Sr. had previously run the Central Intelligence Agency. During the two terms of the Reagan administration (1980 to 1988), it was common knowledge that he was the boss who led US policy. He officially became the don in 1988, and ran his own operation with pretty much the same crew until 1992. James Baker was the key consigliere to don Bush Sr, but he also listened closely to the Talleyrand of US politics, consigliere extraordinaire Henri Kissinger. Bush Sr’s under-boss was Donald Rumsfeld who picked his capo in the person of Dick Cheney. George W. Bush or Bush Jr, when his turn came, kept most of the old don’s crew with some minor changes and additions. Cheney became the under-boss, while Rumsfeld took the vital Pentagon portfolio.

Before George W. Bush’s turn, the Clinton dynasty came along in 1992, courtesy of WallMart, and with the firm intention, as an obligation to their sponsors, to facilitate a global corporate imperialist agenda. With the North American Free Trade Agreement (NAFTA), don Bill Clinton went the extra mile for the benefit of his friends in transnational corporations. Bill Clinton became a favorite of Wall Street’s investment banks, such as Goldman Sachs, by being instrumental in the repeal of the Glass-Steagall Act which was voted in 1933 during the Great Depression in the aftermath of the 1929 Wall Street crash. The Glass-Steagall Act limited commercial banks securities activities, and it clearly separated commercial banking from investment banking, to curtail speculation. The repeal of this Act allowed Wall Street investment banks to gamble money that was held in commercial banks, and this was arguably one of the lead systemic factors in the 2008 global financial-market crash.

Don Clinton’s consigliere was mainly first-lady Hillary, but he also took the advice of the other super-consigliere, beside Kissinger: Polish born Zbigniew Brzezinski. Consigliere Brzezinski started his career in 1966 when he advised Lyndon B. Johnson. He returned in the late 1970s to advise Jimmy Carter. When he was Carter’s consigliere, Brzezinski came up with the idea to finance and arm the Mujahideen in Afghanistan to fight the Soviet Union. Don Clinton’s under-boss was Leon Panetta, and the lead capo was Rahm Emanuel. When dona Hillary Clinton lost what she viewed as being her turn in the driver’s seat, both the Clinton and Bush mafias made sure that young capo Barack Obama, who had not patiently waited for his turn in the limelight, was surrounded by trusted hands. One can imagine the deal imposed on Obama by Bill and Dick. The Bush mafia would keep the Pentagon for the time being; Hillary would run US foreign policy from the State Department; don Bill’s under-boss Leon Panetta would become Obama’s CIA director (2009 to 2011) and boss of the Pentagon (2011 to 2013). Clinton’s trusted lead capo Rahm Emanuel became Obama’s under-boss. Don Bill did not stay idle after the 2008 election, he became Obama’s lead consigliere, with the occasional help on geopolitical dossiers such as Ukraine of… Brzezinski of course. The 88-year-old anti-Russian Democrat uber-consigliere’s latest contribution has been to bring back the Cold War into international affairs. Bill Clinton’s main task was to replenish the family coffers through the Clinton Global Initiative, a fund raising operation disguised as being humanitarian. After the 2010 earthquake, Haiti became don Bill’s pet project and personal fiefdom.

Is there anyway off this sinister merry go round?

By now, our time-traveler hero realizes that the premise of the upcoming 2016 US presidential  election “fight” is already set. It will be a rematch of an old time classic: Bush against Clinton, dona Hillary versus don Jeb. For good measure, and to give American consumers of elections a sense that their democracy is not an illusion, there will be unelectable challengers in the fake primaries. This will be strictly for entertainment purposes and to indulge the so-called American left. On a short list of likely seat warmers for Hillary are Elizabeth Warren, Bernie Sanders, perhaps even Joe Biden. On the Bush side of the ring, the supposed primary challengers will be harder to find: perhaps Mitt Romney again or phony Libertarian Rand Paul. But let us listen to what Consigliere extraordinaire Henry Kissinger recently said on the issue, after all he has advised more US presidents than anyone else alive. In a September 6, 2014 interview with NPR‘s Scott Simon, when asked if Hillary Clinton would make a good president, Kissinger said:“I know Hillary as a person, and as a personal friend. I would say, yes she would be a good president. But that would put me under a great conflict of interest if she were a candidate, because I intend to support the Republicans….Yes I would be comfortable with her as a president.” Our time traveler, de Tocqueville in training, is dazed, confused and disgusted by what the US has grown into: in this display of vile and raw power for power’s sake, the sort of charade that notions like democracy, the common good and morality have become.

 

Economic Bubbles Take From the Poor, Give to the Rich

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At the Economic Populist Blog, Robert Oak posted an excellent analysis of the Pew Research report, A Rise in Wealth for the Wealthy; Declines for the Lower 93%, based on Census data on wealth taken since the so-called economic recovery after 2009. Oak highlighted one of the most important findings of the report:

During the first two years of the nation’s economic recovery, the mean net worth of households in the upper 7% of the wealth distribution rose by an estimated 28%, while the mean net worth of households in the lower 93% dropped by 4%.

In other words, what the report shows is that there was never an economic recovery for most people other than the wealthy 1%. The economic bubble and resultant policies effectively served as a mechanism to transfer wealth from the poor to the wealthy.

According to Michael Snyder at the Economic Collapse blog, it’s extremely likely that we’re about to witness another massive transfer of wealth to the 1% judging from the following 15 signs:

#1 Bob Shiller, one of the winners of this year’s Nobel Prize for economics, says that “bubbles look like this” and that he is “most worried about the boom in the U.S. stock market.”

#2 The total amount of margin debt has risen by 50 percent since January 2012 and it is now at the highest level ever recorded.  The last two times that margin debt skyrocketed like this were just before the bursting of the dotcom bubble in 2000 and just before the financial crisis of 2008.  When this house of cards comes crashing down, things are going to get very messy

“When the tablecloth gets pulled out from under the place settings, you’re going to have a lot of them crash and smash on the floor,” said Uri Landesman, president of Platinum Partners hedge fund. “That margin’s going to get pulled and everyone’s going to have to cover. That’s when you get really serious corrections.”

#3 Since the bottom of the market in 2009, the Dow has jumped 143 percent, the S&P 500 is up 165 percent and the Nasdaq has risen an astounding 213 percent.  This does not reflect economic reality in any way, shape or form.

#4 Market research firm TrimTabs says that the S&P 500 is “very overpriced” right now.

#5 Marc Faber recently told CNBC that “we are in a gigantic speculative bubble”.

#6 In the United States, Google searches for the term “stock bubble” are at the highest level that we have seen since November 2007 – just before the last stock market crash.

#7 Price to earnings ratios are very high right now…

The Dow was trading at 17.8 times the past four quarters of earnings of its 30 components, according to The Wall Street Journal on Friday. That was up from 13.7 times its earnings a year ago. The S&P 500 is trading at 18.7 times earnings. The Nasdaq-100 Index is trading at 21.5 times earnings. At the very least, the ratios are signaling that stock prices are rich.

#8 According to CNBC, Pinterest is currently valued at more than 3 billion dollars even though it has never earned a profit.

#9 Twitter is a seven-year-old company that has never made a profit.  It actually lost 64.6 million dollars last quarter.  But according to the financial markets it is currently worth about 22 billion dollars.

#10 Right now, Facebook is trading at a valuation that is equivalent to approximately 100 years of earnings, and it is currently supposedly worth about 115 billion dollars.

#11 Howard Marks of Oaktree Capital recently stated that he believes that “markets are riskier than at any time since the depths of the 2008/9 crisis”.

#12 As Graham Summers recently noted, retail investors are buying stocks at a level not seen since the peak of the dotcom bubble back in 2000.

#13 David Stockman, a former director of the Office of Management and Budget under President Ronald Reagan, believes that this financial bubble is going to end very badly

“We have a massive bubble everywhere, from Japan, to China, Europe, to the UK.  As a result of this, I think world financial markets are extremely dangerous, unstable, and subject to serious trouble and dislocation in the future.”

#14 Bob Janjuah of Nomura Securities believes that there “could be a 25% to 50% sell off in global stock markets” over the next couple of years.

#15 According to Tyler Durden of Zero Hedge, the U.S. stock market is repeating a pattern that we have seen many times before.  According to him, we are experiencing “a well-defined syndrome of ‘overvalued, overbought, overbullish, rising-yield’ conditions that has appeared exclusively at speculative market peaks – including (exhaustively) 1929, 1972, 1987, 2000, 2007, 2011 (before a market loss of nearly 20% that was truncated by investor faith in a new round of monetary easing), and at three points in 2013: February, May, and today.”

Read the full article here: http://theeconomiccollapseblog.com/archives/15-signs-that-we-are-near-the-peak-of-an-absolutely-massive-stock-market-bubble