Tag Archives: USA

The fundamental crisis of the West

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By Veniamin Popov

Source: New Eastern Outlook

A growing number of media outlets in America and in Europe have recently reached the conclusion that “rules-based international order” long espoused by the West has failed.

In essence, this means that the position of the Western powers in the world has weakened: they have failed to destroy the Russian economy by imposing sanctions, and the war in Gaza has demonstrated that the US and the Western European countries are far from all-powerful.

The media frequently claim that Russia’s special military operation in Ukraine has changed the international situation, in that it has made clear the limited capabilities of the West and deepened the rift between the West and the Global South.

The Ukrainian conflict and the war in Gaza have demonstrated to the whole world, and above all to ordinary people in the West, that their ruling elites are unable to grasp this reality, lack strategic vision and are generally guided by their own personal interests.

The ruling elites in the West have demonized Russia in every possible way and have come to believe the myth that Russia can be strategically defeated. This is a huge miscalculation and this conclusion will become obvious to all in the very near future. The present author is reminded of the junker Grushnitsky, in Lermontov’s “A Hero of Our Time,” a fantasist who plays the role of an unworldly romantic for so long that he begins to believe it himself.

As Vladimir Putin has aptly put it, “Russophobia, like any other ideology based on racism, national superiority and exclusivity, blinds the person who subscribes to it and deprives them of reason.”

The state of the “rules-based international order” is becoming increasingly alarming for many Western powers. According to an article published in the weekly journal the Economist on February 15, so-called national conservatives, who “suspect free markets of being rigged by the elites,” are gaining in influence in the US and Europe. They are also hostile to migration, despise pluralism, especially multiculturalism, and are obsessed with dismantling institutions they see as tainted by globalism.

Despite their differences, these national conservatives are united by their hostility to shared enemies, including migrants, especially Muslims, globalists and all their perceived enablers. Donald Trump is leading in the polls in America. The far right is expected to make gains in the European Parliament elections in June. In Germany last December, support for the far-right Alternative for Germany party (AFD) reached a record high of 23 percent, according to polls. Anticipating Rishi Sunak’s loss in the elections, the right wing of Britain’s Conservative Party are hoping to grab power in the party. In 2027, Marine Le Pen may well become president of France.

According to the Economist, the current authorities need to take people’s legitimate concerns seriously: the public in many Western countries see illegal migration as a source of unrest and a drain on the public purse. They worry that their children will grow up poorer than they are. They are concerned about losing their jobs to new technologies. They believe that institutions such as universities and the press have been hijacked by hostile, illiberal, left-wing elites. They view the globalists who have flourished over the last few decades as members of a self-serving, arrogant caste.

These complaints have real merit and mocking them only confirms how detached from reality the elites have become.

The position of Washington and its hangers-on in Europe in relation to Israel’s war crimes against the Palestinians in Gaza has added significantly to the public’s distrust of the West’s ruling elites. By openly supporting the actions of the Netanyahu government, the governments of the Western powers are convincing everyone, including their own populations, of their own policy of double standards: only the lives of Israelis are valued and massacres of Arabs are allowed.

As the Saudi newspaper Arab News reports, Arab and Muslim Americans, and 60 percent of all other Americans, have for months wanted President Joe Biden to pressure Israel into agreeing to an immediate ceasefire in Gaza. The White House has, in effect, ignored these pleas.

In response to this stance, Muslim Americans in nine potentially wavering states met in Dearborn, Michigan, in December 2023 under the slogan “Abandon Biden, Truce Now.” They have vowed not to vote for Biden in the presidential election unless he changes the policies that are enabling Israel’s genocide in the Gaza Strip possible.

The US journal Foreign Affairs, in an article entitled “Gaza and the End of the Rules-Based Order” quotes one G7 diplomat: “We have definitely lost the battle in the Global South. All the work we did with the Global South (around Ukraine) was lost. … Forget the rules, forget the world order. They will never listen to us again.”

The economic recession, which has become a permanent situation for many European states, also provides little room for optimism. In the US, the high inflation and huge government debt are expected to worsen this spring and summer, according to some analysts. The most closely watched indicator of opinions about the economy, a monthly poll conducted by the University of Michigan, has reported that public confidence is at an exceptionally low ebb, about the same level as during the 2007-2009 global financial crisis.

With the presidential election just nine months away, this gloomy mood has become a serious problem for the Democrats. President Joe Biden is already facing a host of challenges to his bid for a second term, starting with concerns about his fitness for office as an 80-year-old man. Another major obstacle to his election bid is the opinion polls that give him low marks for his management of the economy.

The current economic problems are exacerbated by growing inequality, the worsening drug crisis and the proliferation of firearms. The promotion of non-traditional sexual orientation and the encouragement of same-sex couples have cause legitimate outrage to many conservative religious people.

In the European Union between June 6 and 9, more than 400 million voters in 27 countries will elect 720 MEPs to represent them for the next five years. Observers predict an increase in the influence of right-wing conservative parties. One major reason for the heightened interest in the upcoming election is the unprecedented corruption scandal that erupted in the European Parliament in December 2022, when the vice president and several other officials, including three MEPs, were accused of taking bribes. The investigation is ongoing, but it has already revealed instances of illegal activities and immoral behavior on the part of MEPs. Conservatives accuse the EU of being an opaque bureaucracy with vastly overpaid staff, which is disconnected from the reality experienced by ordinary residents of the EU member states, and which spends its vast budgets – totaling hundreds of trillions of euros – not for the common good but for the personal whims and fantasies of its leaders. Inflation and the cost of living are still rising in many European nations, while many blame EU bureaucrats in Brussels for policies such as the Green Deal that have made life more expensive for Europeans by raising the prices of fuel, food and most other essentials. In addition, anti-Russian sanctions, which have led to the rejection of cheap energy from Russia by a number of European countries, have had a negative impact on the well-being of ordinary citizens.

Over the past few weeks, thousands of farmers from across Europe, particularly from Germany, France, Poland, Spain, and Belgium, have taken to the streets to protest against additional spending on Ukraine and against new EU environmental policies that make farming unviable.

The short-sighted policy of the Western elites with regard to the crises in Ukraine and the Gaza Strip is leading to a loss of confidence in the ruling authorities on the part of ordinary citizens. It is easy to imagine their reaction in the event of any further military setbacks by Ukraine or any worsening of the situation within the country.

The position taken by many developing nations with regard to the current international processes is highly symptomatic. In an editorial for the Arabic international newspaper Asharq Al-Awsat, Editor-in-Chief Grhassan Charbel writes: “Zelensky’s position reminded me of remarks by the late Egyptian President Hosni Mubarak to former Iraqi Foreign Minister Hoshyar Zebari, that ‘the one who is covered by the Americans is naked.’ The same phrase could be said by Putin to Zelensky.

Putin has the right to be sarcastic. The leaders of the West did not accept that he could not lose… That he went to Ukraine to punish the entire West and to launch a major coup against a world that was born from the collapse of the (Berlin) Wall and the disappearance of the Soviet Union.”

It is no coincidence that the ruling circles of Western Europe are currently not hiding their anxiety about what they refer to as the “threat posed by Trump and Russia.”

In fact, everything we see happening testifies to the inadequacy of the current ruling elites in the West, who are unable to reasonably and rationally assess the emerging situation, guided as they are solely by short-term personal interests.

It is very possible that they will be swept away by a wave of new unexpected events, and new leaders will come to power.

It is therefore highly likely that 2024 will be a turning point in many respects.

US Seeks Plausible Deniability as it Lights Middle East on Fire

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By Brian Berletic

Source: New Eastern Outlook

A surprising change of tone came from the Pentagon in early December. After weeks of devastating Israeli military operations inside Gaza, the US Secretary of Defense implored Israel to demonstrate restraint and concern for the civilian population.

The Hill in its early December 2023 article, “Israel risks ‘strategic defeat’ if civilians aren’t protected, Pentagon chief says,” would report:

Secretary of Defense Lloyd Austin said Israel risks a “strategic defeat” if it does not work to protect Palestinian civilians in Gaza amid its war on militant group Hamas in the region. “The center of gravity is the civilian population and if you drive them into the arms of the enemy, you replace a tactical victory with a strategic defeat…”

The article also noted:

The Biden administration has issued caution that a campaign in southern Gaza must be carried out more precisely than Israel did in the first leg of the war.

After a century of American military aggression killing millions (mostly civilians) around the globe, everywhere from Southeast Asia to North Africa, across the Middle East and deep into Central Asia, is Washington finally finding a sense of humanity?

No.

All while US Secretary of Defense Lloyd Austin attempted to convince the world that Washington cares about the Palestinian civilian population, the US continues flooding the Israeli arsenal with US-made weapons, enabling the campaign of indiscriminate brutality.

Bloomberg in its November 2023 article, “US Is Quietly Sending Israel More Ammunition, Missiles,” would report:

The Pentagon has quietly ramped up military aid to Israel, delivering on requests that include more laser-guided missiles for its Apache gunship fleet, as well as 155mm shells, night-vision devices, bunker-buster munitions and new army vehicles, according to an internal Defense Department list. 

The weapons pipeline to Israel is extending beyond the well-publicized provision of Iron Dome interceptors and Boeing Co. smart bombs. It continues even as Biden administration officials increasingly caution Israel about trying to avoid civilian casualties in the Gaza Strip.

Israel could not continue its military operations and the subsequent destruction of Gaza’s civilian population without this US military aid. Israel also continues to enjoy US political protection within the halls of the United Nations.

Washington cannot even say it didn’t know its weapons would be used by Israel to carry out this indiscriminate brutality because Israeli military representatives openly declared they would before their military operations into Gaza even began.

The Guardian in their October 10, 2023, article, “‘Emphasis is on damage, not accuracy’: ground offensive into Gaza seems imminent,” admitted:

IDF spokesperson R Adm Daniel Hagari made the startling admission that “hundreds of tons of bombs” had already been dropped on the tiny strip, adding that “the emphasis is on damage and not on accuracy…”

Why then does Washington want the world to believe it has growing concerns over the nature of Israel’s military operations in Gaza, and more specifically, concerns regarding the brutality Washington is admitting is being used against the civilian population?

Washington’s History of Pleading Peace While Pursuing War 

Washington wants plausible deniability. The US has for years followed a familiar pattern of attempting to covertly provoke nations and regions into conflict while publicly appearing to pursue reconciliation and peace.

For example, the US for years rhetorically supported the Minsk agreements regarding reconciliation within Ukraine, all while deliberately building up Ukraine’s military capabilities to empower and encourage the widening violence in eastern Ukraine and the eventual provocation of Russia to become directly involved in the conflict.

Likewise, the US officially maintains a “One China” policy in regards to the status of Taiwan, recognizing it as an integral part of Chinese territory, yet unofficially Washington has done everything in its power to undermine the policy and provoke war with China over its efforts to support separatism in Taipei.

Officially, the US supports the two-state solution regarding Israel and Palestine. Unofficially, and sometimes quite openly, the US has supported the most extreme elements within both Israel and among Palestinians to ensure no such peace agreement is ever possible.

Israel as the Eager Provocateur 

The intention by Washington to use Israel as a proxy and provocateur within the Middle East is well documented within US government and corporate-funded policy think tank papers. One such paper, published by the Brookings Institution in 2009 titled, “Which Path to Persia? Options for a New American Strategy Toward Iran,” focuses on containing Iran politically, militarily, and economically. It lays out options for disarming Iran and for overthrowing its government through US-sponsored sedition or US military intervention. Beyond the US and groups the paper sought to use as proxies within Iran, the paper also cited Israel as an eager regional proxy that could attack Iran, triggering a regional war that the US could then appear “reluctant” to join. The goal, of course, is to appear that the US sought peace, being left with no choice but war, all while a US-led war was the objective to begin with.

The paper notes:

…it would be far more preferable if the United States could cite an Iranian provocation as justification for the airstrikes before launching them. Clearly, the more outrageous, the more deadly, and the more unprovoked the Iranian action, the better off the United States would be. Of course, it would be very difficult for the United States to goad Iran into such a provocation without the rest of the world recognizing this game, which would then undermine it. (One method that would have some possibility of success would be to ratchet up covert regime change efforts in the hope that Tehran would retaliate overtly, or even semi-overtly, which could then be portrayed as an unprovoked act of Iranian aggression.)

It also says:

“In a similar vein, any military operation against Iran will likely be very unpopular around the world and require the proper international context—both to ensure the logistical support the operation would require and to minimize the blowback from it. The best way to minimize international opprobrium and maximize support (however, grudging or covert) is to strike only when there is a widespread conviction that the Iranians were given but then rejected a superb offer—one so good that only a regime determined to acquire nuclear weapons and acquire them for the wrong reasons would turn it down. Under those circumstances, the United States (or Israel) could portray its operations as taken in sorrow, not anger, and at least some in the international community would conclude that the Iranians “brought it on themselves” by refusing a very good deal.”

Here, the paper admits Iran does not seek war, but could be provoked into one anyway, and notes that the US, or Israel, could then carry out military aggression against Iran having convinced the world they did so reluctantly.

Israel factors so heavily in US plans to provoke war with Iran, it was given its own chapter in the paper. Chapter 5 of the paper is titled, “Leave it to Bibib: Allowing or Encouraging an Israeli Military Strike,” and notes how a war started by Israel could then be cited as a pretext for the US itself to join in afterwards, and most importantly, appear to do so “reluctantly.”

Thus, as Israel continues destroying Gaza, targeting the civilian population deliberately, knowingly triggering unrest across the region which in turn is placing pressure on Arab governments as well as Iran’s to respond, the stage is being set for the possibility of wider conflict.

As Israel attacks, invades, and erases Gaza, it is also targeting Hezbollah in Lebanon. Both the US and Israel have already carried out strikes in Syria. The goal is to trigger a conflict the US and Israel can portray as an act of aggression against either or both to then expand military operations across the whole region.

US Secretary of Defense Lloyd Austin posing as concerned for the Palestinian population all while arming Israel to continue indiscriminately brutalizing them, is being done to convince the world the US is pleading peace all while in actuality pursuing wider war.

The US used the proxy war in Ukraine to reorder Europe and reassert hegemony over the continent, rolling back European cooperation with both Russia and China. The US likely seeks to repeat a similar process in the Middle East where relations are improving within the region between Iran and Saudi Arabia, and between Syria and the rest of the Arab World. The region also collectively continues moving closer with Russia and China as well as toward multipolarism.

Only time will tell if the region continues successfully moving out from under generations of Western hegemony – first under the British Empire and now under the US – or if the US will successfully trigger regional conflict that can divide, destroy, and disrupt this process, just as it has in Europe.

Falsehood Rules

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By James Howard Kunstler

Source: Kunstler.com

Who knew that reality could become such a squishy thing in the USA? But such are the agonies of a collapsing society that it becomes ever harder to know what’s real, especially with factions in power intent on gaslighting, manipulating, obfuscating, and coercing the raw material of public opinion, which is: what has actually happened in the past and what is happening now.

When I wrote The Long Emergency, I expected we would be living through a period of confusion and disorder, but I didn’t know what it would feel like to go through it: a nauseating existential disorientation, like being seasick on dry land… like living in a German expressionist horror movie of the 1920s (and we know what that led to)… like being held prisoner inside Franz Kafka’s castle: an immersion in totalizing falsehood.

The collapse of authority is especially striking and disturbing now because ground zero for it is the US Department of Justice (DOJ), the very place that is charged with determining what is true and what is false, what is real and what is unreal, and especially what is okay, and what is not okay.

The collapse of authority at DOJ got sickening traction after the election of 2016, when FBI Director James Comey and his underlings, along with many high officials at its parent agency, DOJ, undertook a campaign to disable and expel the winner of that election, starting before his inauguration. The Russia Collusion operation was the epitome of falsehood concocted in bad faith, and the actions taken in it were never adjudicated — though an ectoplasm named John Durham is floating somewhere out in the national ether still delegated to make cases. Leaving all that hanging this long has been a grievous injury to the country’s identity as a place on this earth where fair play was supposed to be normal.

The Mueller Investigation was another insult to the public interest, devised to distract and cover up the all the previous seditious bad faith of Comey & Company, and the C-suite at DOJ — and, of course, the Special Counsel came up with absolutely nothing actionable, which was stunning considering the resources behind it, and the time spent. At a Senate hearing about it in 2018, Robert Mueller himself claimed to be unacquainted with key characters in his own investigation and key pieces of evidence. His performance was worse than not reassuring — he appeared to be lying or incompetent, or pretending to be incompetent, and since that moment he has gone-to-ground… untouchable.

Impeachment No. 1 was supposedly about a phone call that the President made to his counterpart in Ukraine, Mr. Zelensky, regarding suspicious activity of one Hunter Biden receiving large sums of money from a gas company there while his father was Vice-president. At the time, the FBI (and the DOJ) did not disclose their possession of a laptop computer owned by Hunter Biden containing hundreds of memoranda and emails detailing the Biden family’s lucrative business dealings in Ukraine and several other foreign countries, involving sums of money far greater than the Burisma Company of Ukraine was paying Joe Biden’s son, and how the income was split between the family members. In other words, evidence that then-Vice-president Joe Biden himself was on the take from foreign countries, including companies linked directly with the communist party of China. Not important, you think? Not germane to the impeachment?

Why was that information not turned over to the president’s lawyers during the initial hearings and then the impeachment trial itself? That has never been adequately addressed, not even a little, and largely because the mainstream media does not want to know, and didn’t ask, while the alt.media does not have access to ask the officials who might know — and Congress, under Mrs. Pelosi and Chuck Schumer certainly didn’t want to ask or know. Do you appreciate how damaging this act of institutional dishonesty was.

Then there was the election of 2020, held under the Covid-19 emergency, with new rules about mail-in voting that lent themselves to fraud — or so declared former President Jimmy Carter and former Secretary of State James Baker, who ran a commission on election reform in 2005 — and that appears to be exactly what happened. The specious and dishonest claim is made by the putative winners that the matter was completely settled in the courts post-election. That is simply not true. The actual evidence was not entertained, most particularly not by the Supreme Court, which declined on the basis of “standing,” a mere point of procedure.

Now there is one official forensic audit of the 2020 election underway in Maricopa County, Arizona, (the Phoenix metro area), ordered by the State Senate, and some conclusions from phase one, involving the paper ballots, are due to be released this week, with additional phases to come concerning the Dominion voting machines. Many other state legislatures sent delegations to Arizona to learn the ins-and-outs of conducting a forensic audit, and they are making noises about actually doing it.

So, in stepped Attorney General Merrick Garland. At the start of the Arizona audit, he sent a letter to the Arizona State Senate threatening to use the Civil Rights Division of the DOJ to halt the audit on the basis of depriving voters of their civil rights. Arizona responded by promising to jail any federal officials who laid their hands on any ballots. That was the end of that gambit for now — they may try it again in phase two.

In the meantime, a county judge in Georgia (one Brian Amero) has ruled that 147,000-odd ballots alleged to have chain-of-custody problems must be made available for inspection, and also that five members of the Fulton County (Atlanta Metro Area) Board of Elections are now individually parties to the lawsuit brought by nine Georgia voters, and may be subject to deposition (being questioned under oath). That is believed to be the beginning of an effort to conduct a full audit in Georgia.

So, again, in steps Attorney General Merrick Garland with his Civil Rights Division, led by political activist Kristen Clarke, bringing a lawsuit against the Georgia election reform act passed earlier this year — a shot over Georgia’s bow, shall we say. Ms. Clarke happens to be a colleague of Georgia activist Stacey Abrams, a former Democratic candidate for governor. Ms. Abrams is also a part-owner of a company, NOWAccount, that does payroll for a private company called Happy Faces, which furnished dozens of poll workers to tally the 2020 election in Georgia, as well as the 2021 US Senate runoff election that put two Democrats, Jon Ossoff and Raphael Warnock, in office.

Elections are supposed to be conducted by public officials, not by private entities. Supposedly, the Georgia election officials turned to Happy Faces because it was a way to avoid hiring workers for less than 30 hours-a-week, which would have otherwise required providing them with health care under ObamaCare, the ACA Act. Was that legal? It has not been adjudicated.

Nor has the much bigger scandal of a private Chicago-based non-profit called the Center for Tech and Civic Life, which received $350-million from Facebook’s CEO Mark Zuckerberg to arrange grants targeted at swing districts in Democratic strongholds such as Milwaukee, Detroit, Philadelphia, and Atlanta, for the purpose of hiring ballot harvesters, among other activities. Mr. Zuckerberg met with Kristen Clarke, Stacey Abrams, Al Sharpton, and other Democratic activists at a dinner in 2019, at which he promised to help. Did his help cross any legal boundaries? It has not been investigated, nor has the use of the company he runs, Facebook, in its campaign to influence public opinion by blocking news and deleting accounts of non-Democrats exclusively.

Assistant AG Kristen Clarke’s DOJ lawsuit against Georgia’s election reform act alleges that it “imposes substantial fines on third-party organizations, churches, and advocacy groups that send follow up absentee ballot applications, and requires new and unnecessarily stringent identification requirements to obtain an absentee ballot.”  In other words, the Georgia law seeks to restrict the activities of private, non-official entities — such as the Center for Tech and Civic Life — sprinkling gargantuan sums of money over key election districts to influence the outcome. Or for companies such as Happy Faces to supply activists for counting votes. That is how disingenuous Merrick Garland’s DOJ is, now a strictly political operation.

We haven’t nearly seen the end to any of this, nor the reaction that it is liable to provoke among citizens who have had enough of being played by their own government. Think about all  that while you make plans to celebrate the Fourth of July, a holiday that commemorates an earlier time when the people of this land had enough of being played by their rulers.

Conjuring Up the Next Depression

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By Chris Hedges

Source: TruthDig

During the financial crisis of 2008, the world’s central banks, including the Federal Reserve, injected trillions of dollars of fabricated money into the global financial system. This fabricated money has created a worldwide debt of $325 trillion, more than three times global GDP. The fabricated money was hoarded by banks and corporations, loaned by banks at predatory interest rates, used to service interest on unpayable debt or spent buying back stock, providing millions in compensation for elites. The fabricated money was not invested in the real economy. Products were not manufactured and sold. Workers were not reinstated into the middle class with sustainable incomes, benefits and pensions. Infrastructure projects were not undertaken. The fabricated money reinflated massive financial bubbles built on debt and papered over a fatally diseased financial system destined for collapse.

What will trigger the next crash? The $13.2 trillion in unsustainable U.S. household debt? The $1.5 trillion in unsustainable student debt? The billions Wall Street has invested in a fracking industry that has spent $280 billion more than it generated from its operations? Who knows. What is certain is that a global financial crash, one that will dwarf the meltdown of 2008, is inevitable. And this time, with interest rates near zero, the elites have no escape plan. The financial structure will disintegrate. The global economy will go into a death spiral. The rage of a betrayed and impoverished population will, I fear, further empower right-wing demagogues who promise vengeance on the global elites, moral renewal, a nativist revival heralding a return to a mythical golden age when immigrants, women and people of color knew their place, and a Christianized fascism.

The 2008 financial crisis, as the economist Nomi Prins points out, “converted central banks into a new class of power brokers.” They looted national treasuries and amassed trillions in wealth to become politically and economically omnipotent. In her book “Collusion: How Central Bankers Rigged the World,” she writes that central bankers and the world’s largest financial institutions fraudulently manipulate global markets and use fabricated, or as she writes, “fake money,” to inflate asset bubbles for short-term profit as they drive us toward “a dangerous financial precipice.”

“Before the crisis, they were just asleep at the wheel, in particular, the Federal Reserve of the United States, which is supposed to be the main regulator of the major banks in the United States,” Prins said when we met in New York. “It did a horrible job of doing that, which is why we had the financial crisis. It became a deregulator instead of a regulator. In the wake of the financial crisis, the solution to fixing the crisis and saving the economy from a great depression or recession, whatever the terminology that was used at any given time, was to fabricate trillions and trillions of dollars out of an electronic ether.”

The Federal Reserve handed over an estimated $29 trillion of this fabricated money to American banks, according to researchers at the University of Missouri. Twenty-nine trillion dollars! We could have provided free college tuition to every student or universal health care, repaired our crumbling infrastructure, transitioned to clean energy, forgiven student debt, raised wages, bailed out underwater homeowners, formed public banks to invest at low interest rates in our communities, provided a guaranteed minimum income for everyone and organized a massive jobs program for the unemployed and underemployed. Sixteen million children would not go to bed hungry. The mentally ill and the homeless—an estimated 553,742 Americans are homeless every night—would not be left on the streets or locked away in our prisons. The economy would revive. Instead, $29 trillion in fabricated money was handed to financial gangsters who are about to make most of it evaporate and plunge us into a depression that will rival that of the global crash of 1929.

Kevin Zeese and Margaret Flowers write on the website Popular Resistance, “One-sixth of this could provide a $12,000 annual basic income, which would cost $3.8 trillion annually, doubling Social Security payments to $22,000 annually, which would cost $662 billion, a $10,000 bonus for all U.S. public school teachers, which would cost $11 billion, free college for all high school graduates, which would cost $318 billion, and universal preschool, which would cost $38 billion. National improved Medicare for all would actually save the nation trillions of dollars over a decade.”

An emergency clause in the Federal Reserve Act of 1913 allows the Fed to provide liquidity to a distressed banking system. But the Federal Reserve did not stop with the creation of a few hundred billion dollars. It flooded the financial markets with absurd levels of fabricated money. This had the effect of making the economy appear as if it had revived. And for the oligarchs, who had access to this fabricated money while we did not, it did.

The Fed cut interest rates to near zero. Some central banks in Europe instituted negative interest rates, meaning they would pay borrowers to take loans. The Fed, in a clever bit of accounting, even permitted distressed banks to use these no-interest loans to buy U.S. Treasury bonds. The banks gave the bonds back to the Fed and received a quarter of a percent of interest from the Fed. In short, the banks were loaned money at virtually no interest by the Fed and then were paid interest by the Fed on the money they borrowed. The Fed also bought up worthless mortgage assets and other toxic assets from the banks. Since Fed authorities could fabricate as much money as they wanted, it did not matter how they spent it.

“It’s like going to someone’s old garage sale and saying, ‘I want that bicycle with no wheels. I’ll pay you 100 grand for it. Why? Because it’s not my money,’ ” Prins said.

“These people have rigged the system,” she said of the bankers. “There is money fabricated at the top. It is used to pump up financial assets, including stock. It has to come from somewhere. Because money is cheap there’s more borrowing at the corporate level. There’s more money borrowed at the government level.”

“Where do you go to repay it?” she asked. “You go into the nation. You go into the economy. You extract money from the foundational economy, from social programs. You impose austerity.”

Given the staggering amount of fabricated money that has to be repaid, the banks need to build greater and greater pools of debt. This is why when you are late in paying your credit card the interest rate jumps to 28 percent. This is why if you declare bankruptcy you are still responsible for paying off your student loan, even as 1 million people a year default on student loans, with 40 percent of all borrowers expected to default on student loans by 2023. This is why wages are stagnant or have declined while costs, from health care and pharmaceutical products to bank fees and basic utilities, are skyrocketing. The enforced debt peonage grows to feed the beast until, as with the subprime mortgage crisis, the predatory system fails because of massive defaults. There will come a day, for example, as with all financial bubbles, when the wildly optimistic projected profits of industries such as fracking will no longer be an effective excuse to keep pumping money into failing businesses burdened by debt they cannot repay.

“The 60 biggest exploration and production firms are not generating enough cash from their operations to cover their operating and capital expenses,” Bethany McLean writes of the fracking industry in an articletitled “The Next Financial Crisis Lurks Underground” that appeared in The New York Times. “In aggregate, from mid-2012 to mid-2017, they had negative free cash flow of $9 billion per quarter.”

The global financial system is a ticking time bomb. The question is not if it will explode but when it will explode. And once it does, the inability of the global speculators to use fabricated money with zero interest to paper over the debacle will trigger massive unemployment, high prices for imports and basic services, and a devaluation in which the dollar will become nearly worthless as it is abandoned as the world’s reserve currency. This manufactured financial tsunami will transform the United States, already a failed democracy, into an authoritarian police state. Life will become very cheap, especially for the vulnerable—undocumented workers, Muslims, poor people of color, girls and women, anti-capitalist and anti-imperialist critics branded as agents of  foreign powers—who will be demonized and persecuted for the collapse. The elites, in a desperate bid to cling to their unchecked power and obscene wealth, will disembowel what is left of the United States.

Thought Police for the 21st Century

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By Chris Hedges

Source: TruthDig

The abolition of net neutrality and the use of algorithms by Facebook, Google, YouTube and Twitter to divert readers and viewers from progressive, left-wing and anti-war sites, along with demonizing as foreign agents the journalists who expose the crimes of corporate capitalism and imperialism, have given the corporate state the power to destroy freedom of speech. Any state that accrues this kind of power will use it. And for that reason I traveled last week to Detroit to join David North, the chairperson of the international editorial board of the World Socialist Web Site, in a live-stream event calling for the formation of a broad front to block an escalating censorship while we still have a voice.

“The future of humanity is the struggle between humans that control machines and machines that control humans,” Julian Assange, the founder of WikiLeaks, said in a statement issued in support of the event. “Between the democratization of communication and usurpation of communication by artificial intelligence. While the Internet has brought about a revolution in people’s ability to educate themselves and others, the resulting democratic phenomena has shaken existing establishments to their core. Google, Facebook and their Chinese equivalents, who are socially, logistically and financially integrated with existing elites, have moved to re-establish discourse control. This is not simply a corrective action. Undetectable mass social influence powered by artificial intelligence is an existential threat to humanity. While still in its infancy, the trends are clear and of a geometric nature. The phenomena differs in traditional attempts to shape cultural and political phenomena by operating at scale, speed and increasingly at a subtlety that eclipses human capacities.”

In late April and early May the World Socialist Web Site, which identifies itself as a Trotskyite group that focuses on the crimes of capitalism, the plight of the working class and imperialism, began to see a steep decline in readership. The decline persisted into June. Search traffic to the World Socialist Web Site has been reduced by 75 percent overall. And the site is not alone. AlterNet’s search traffic is down 71 percent, Consortium News’ traffic is down 72 percent. And the situation appears to be growing worse.

The reductions coincided with the introduction of algorithms imposed by Google to fight “fake news.” Google said the algorithms are designed to elevate “more authoritative content” and marginalize “blatantly misleading, low quality, offensive or downright false information.” It soon became apparent, however, that in the name of combating “fake news,” Google, Facebook, YouTube and Twitter are censoring left-wing, progressive and anti-war sites. The 150 most popular search terms that brought readers to the World Socialist Web Site, including “socialism,” “Russian Revolution” and “inequality,” today elicit little or no traffic.

Monika Bickert, head of global policy management at Facebook, told the U.S. Senate Committee on Commerce, Science, and Transportation in a hearing Wednesday that Facebook employs a security team of 10,000—7,500 of whom “assess potentially violating content”—and that “by the end of 2018 we will more than double” it to over 20,000. Social media companies are intertwined with and often work for U.S. intelligence agencies. This army of censors is our Thought Police.

The group, Bickert said, includes “a dedicated counterterrorism team” of “former intelligence and law-enforcement officials and prosecutors who worked in the area of counterterrorism.” She testified that artificial intelligence automatically flags questionable content. Facebook, she said, does not “wait for these … bad actors to upload content to Facebook before placing it into our detection systems.” The “propaganda” that Facebook blocks, she said, “is content that we identify ourselves before anybody” else can see it. Facebook, she said, along with over a dozen other social media companies has created a blacklist of 50,000 “unique digital fingerprints” that can prevent content from being posted.

“We believe that a key part of combating extremism is preventing recruitment by disrupting the underlying ideologies that drive people to commit acts of violence,” she told the committee. “That’s why we support a variety of counterspeech efforts.”

“Counterspeech” is a word that could have been lifted from the pages of George Orwell’s dystopian novel “1984.”

Eric Schmidt, who is stepping down this month as the executive chairman of Google’s parent company, Alphabet, has acknowledged that Google is creating algorithms to “de-rank” Russian-based news websites RT and Sputnik from its Google News services, effectively blocking them. The U.S. Department of Justice forced RT America, on which I host a show, “On Contact,” that gives a voice to anti-imperialist and anti-capitalist voices, to register as a “foreign agent.” Google removed RT from its “preferred” channels on YouTube. Twitter has blocked the Russian news service agencies RT and Sputnik from advertising.

This censorship is global. The German government’s Network Enforcement Act fines social media companies for allegedly objectionable content. French President Emmanuel Macron has vowed to remove “fake news” from the internet. Facebook and Instagram erased the accounts of Ramzan Kadyrov, the dictator of the Chechen Republic, because he is on a U.S. sanctions list. Kadyrov is certainly repugnant, but this ban, as the American Civil Liberties Union points out, empowers the U.S. government to effectively censor content. Facebook, working with the Israeli government, has removed over 100 accounts of Palestinian activists. This is an ominous march to an Orwellian world of Thought Police, “Newspeak” and “thought-crime” or, as Facebook likes to call it, “de-ranking” and “counterspeech.”

The censorship, justified in the name of combating terrorism by blocking the content of extremist groups, is also designed to prevent a distressed public from accessing the language and ideas needed to understand corporate oppression, imperialism and socialism.

“Don’t you see that the whole aim of Newspeak is to narrow the range of thought?” Orwell wrote in “1984.” “In the end we shall make thought-crime literally impossible, because there will be no words in which to express it. Every concept that can ever be needed will be expressed by exactly one word, with its meaning rigidly defined and all its subsidiary meanings rubbed out and forgotten. … Every year fewer and fewer words, and the range of consciousness always a little smaller. …”

Corporate capitalism, and the ideology that justifies it—neoliberalism, the free market, globalization—no longer has any credibility. All of the utopian promises of globalization have been exposed as lies. Allowing banks and corporations to determine how we should order human society and govern ourselves did not spread global wealth, raise the living standards of workers or implant democracy across the globe. The ideology, preached in business schools and by pliant politicians, was a thin cover for the rapacious greed of the elites, elites who now control most of the world’s wealth.

The ruling elites know they are in trouble. The Republican and Democratic parties’ abject subservience to corporate power is transparent. The insurgencies in the two parties that saw Bernie Sanders nearly defeat the seemingly preordained Democratic nominee, Hillary Clinton, and the election of Donald Trump terrify the elites. The elites, by attacking critics and dissidents as foreign agents for Russia, are seeking to deflect attention from the cause of these insurgencies—massive social inequality. Critics of the corporate state and imperialism, already pushed to the margins, are now dangerous because the elites no longer have a viable counterargument. And so these dissidents must be silenced.

“What’s so specifically important about this is that in a period of growing political radicalization among young people, among workers, they start to look for oppositional information, they become interested in socialism, revolution, terms like ‘equality,’ those terms which previously would bring thousands of readers to the World Socialist Web Site, now were bringing no readers to the World Socialist Web Site,” North said. “In other words, they were setting up a quarantine between those who may be interested in our site and the WSWS. From being a bridge, Google was becoming a barrier, a guard preventing access to our site.”

The internet, with its ability to reach across international boundaries, is a potent tool for connecting workers across the earth who are fighting the same enemy—corporate capitalism. And control of the internet, the elites know, is vital to suppress information and consciousness.

“There is no national solution to the problems of American capitalism,” North said. “The effort of the United States is to overcome this through a policy of war. Because what, ultimately, is imperialism? The inability to solve the problems of the nation-state within national borders drives the policy of war and conquest. That is what is emerging. Under conditions of war, the threat of war, conditions of growing and immeasurable inequality, democracy cannot survive. The tendency now is the suppression of democracy. And just as there is no national solution for capitalism, there is no national solution for the working class.”

“War is not an expression of the strength of the system,” North said. “It is an expression of profound and deep crisis. Trotsky said in the Transitional Program: ‘The ruling elites toboggan with eyes closed toward catastrophe.’ In 1939, they went to war, as in 1914, aware of the potentially disastrous consequences. Certainly, in 1939, they knew what the consequences of war were: War brings revolution. But they could not see a way out. The global problems which exist can only be solved in one of two ways: the capitalist, imperialist solution is war and […] fascism. The working-class solution is socialist revolution. This is, I think, the alternative we’re confronted with. So, the question that has come up, in the broadest sense, [is] what is the answer to the problems we face? Building a revolutionary party.”

“There is going to be, and there is already unfolding, massive social struggles,” North said. “The question of social revolution is not utopian. It is a process that emerges objectively out of the contradictions of capitalism. I think the argument can be made—and I think we made this argument—that really, since 2008, we have been witnessing an acceleration of crisis. It has never been solved, and, indeed, the massive levels of social inequality are themselves not the expression of a healthy but [instead] a deeply diseased socioeconomic order. It is fueling, at every level, social opposition. Of course, the great problem, then, is overcoming the legacy of political confusion, produced, as a matter of fact, by the defeats and the betrayals of the 20th century: the betrayal of the Russian Revolution by Stalinism; the betrayals of the working class by social democracy; the subordination of the working class in the United States to the Democratic Party. These are the critical issues and lessons that have to be learned. The education of the working class in these issues, and the development of perspective, is the most critical point … the basic problem is not an absence of courage. It is not an absence of the desire to fight. It is an absence of understanding.”

“Socialist consciousness must be brought into the working class,” North said. “There is a working class. That working class is open now and receptive to revolutionary ideas. Our challenge is to create the conditions. The workers will not learn this in the universities. The Marxist movement, the Trotskyist movement, must provide the working class with the intellectual, cultural tools that it requires, so that it understands what must be done. It will provide the force, it will provide the determination, the emotional and passionate fuel of every revolutionary movement is present. But what it requires is understanding. And we will, and we are seeking to defend internet freedom because we want to make use of this medium, along with others, to create the conditions for this education and revival of revolutionary consciousness to take place.”

 

George Carlin, Bill Hicks, and Doug Stanhope on Nationalism

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Patriotism

Just in time for the  4th of July, here’s a compilation of classic material from three of the funniest American social critics reminding us of what nationalism is all about:

Bonus Doug Stanhope clip: