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In Donald Trump’s first four years as president, he will not only choose three judges for the Supreme Court, he’ll also pick five of the seven members on the Fed Board of Governors. It would be impossible to overstate the effect this is going to have on the nation’s economic future. With both houses of Congress firmly in the GOP’s grip, we could see the most powerful central bank in the world transformed into a purely political institution that follows the diktats of one man.

Critics may think that is a vast improvement over the present situation in which the Fed conceals its allegiance to the giant Wall Street investment banks behind a public relations cloud of “independence”, but the idea of one man controlling the price of the world’s reserve currency and, thus, the price of financial assets and commodities across the globe, is equally disturbing. Already we have seen how the Fed’s determination to enrich its constituents has resulted in one titanic asset-price bubble after the other. Imagine if that power was entrusted to just one individual who could be tempted to use that authority to shape economic events in a way that enhanced and perpetuated his own political power. Even so, after seven years of a policy-induced Depression that has increased inequality to levels not seen since the Gilded Age, we think it is high-time that the president use his power to choose the members who will bring the bank back under government control. Here’s more background from the LA Times:

“Donald Trump leveled unprecedented criticism at the Federal Reserve during the campaign. As president, he could get to quickly reshape it … Trump will have the opportunity to appoint as many as five new members to the seven-person Fed Board of Governors during his first year and a half in office. That includes a new chairperson to replace Janet L. Yellen, whose term expires in early 2018…

Trump hammered Yellen in the final months of the (presidential) campaign, accusing her of keeping the benchmark rate “artificially low” to help fellow Democrats President Obama and Hillary Clinton.

“I think she is very political and to a certain extent, I think she should be ashamed of herself.” Trump told CNBC in mid-September. At the first presidential debate two weeks later, he declared that “the Fed is being more political than Hillary Clinton.”

And Trump’s final campaign video included images of the Fed and Yellen, casting her has part of the “political establishment” that has “bled our country dry.”…

“Never before have we had an incoming president not just criticize how Fed policy has been executed … but accuse the Fed chair of undermining the institution by being in political cahoots with his opponent and the White House,” (James) Pethokoukis said. “We’re off the grid into uncharted territory.”… (Trump hammered the Federal Reserve as a candidate. As president, he could quickly reshape it, LA Times)

We can safely assume that the Supreme Court is going to reflect Trump’s corporate-friendly laissez-faire attitude towards big business, the question is: What can we expect from the Central Bank once it becomes the White House’s flunky?

That’s hard to say, mainly because Trump frequently espouses two seemingly contradictory views at the same time.

What do I mean by that?

I mean, that on the one hand, Trump is a big cheerleader for non-interventionist, free market capitalism, but on the other, he is a committed rightwing populist who seems to thrive on the support of the masses, which is clear when he things like this:

“You know who gets hurt the most (by Yellen’s easy money policies)? The people that went through 40 years of their life and saved a hundred dollars every week (in the bank)…..They worked all their lives to save and now what happens is they’re being forced into an inflated stock market and at some point they’ll get wiped out.”

So, how will Trump’s populism shape his views on who should or should not be a member of the Fed?

We don’t know, but we do know that monetary policy is going to change dramatically from the last eight years of unproductive experimentation because Trump has surrounded himself with industry leaders who ascribe to an entirely different philosophy than the one currently in practice. Check this out from monetary analyst Tommy Behnke:

“Some of today’s most reasonable mainstream economic voices are included in (Trump’s) inner circle. These names include David Malpass of Encima Global, who co-signed a letter with Jim Grant opposing the Fed’s “inflationary” and “distortive” quantitative easing program; John Paulson of Paulson & Co., who made billions from shorting the housing market before the Great Recession; Andy Beal, a self-described “libertarian kind of guy” who blames the Fed for the credit crisis; and the Heritage Foundation’s Stephen Moore, who told CSIN in 2012 that he is a “very severe critic” of the Fed’s “incredibly easy-money policies of the past decade.”

While none of Trump’s economic advisers are by any means Austrians, they are far more hawkish than most of Presidents Bush and Obama’s past economic advisers.” (Why President Trump Will Fumigate the Fed, Mises Institute)

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Trump, who is no fan of the Fed’s bond buying program called QE, has admitted he thinks stocks are in a bubble suggesting that he will probably take a more conservative approach to monetary policy. Even so, that doesn’t change the fact he’s going to have to opportunity to personally select the FOMC’s ruling majority, which means that he’ll be in a position to demand their loyalty as a condition of their hiring. Does anyone seriously doubt that Trump would rather control the Fed himself than keep it in the clutches of the cutthroat Wall Street banks?

There’s no doubt that the distributional effects of the Fed’s policies helped catapult Trump into the White House. Millions of working class Americans who are sick of the monetary “trickle down” policies and the job-eviscerating trade agreements found a way to express their frustration in the candidacy of Donald Trump. Their collective rage suddenly exploded at the ballotbox on November 8 pushing the real estate tycoon to a victory over opponent Clinton in what many are calling the political upset of the century. Trump tapped into that wellspring of anger and frustration by denouncing the “failed and corrupt political establishment” in which both Hillary Clinton and the Fed feature prominently. Now he’s going to take it to the next level by launching a surprise attack on the Fed which will leave Wall Street stripped of its power-agency and left to fend for itself. This is a blurb from the New York Times:

“A core view of many Trump advisers is that the extended period of emergency policy settings has promoted a bubble in the stock market, depressed the incomes of savers, scared the public and encouraged capital misallocation,” said Ian Shepherdson, chief economist at Pantheon Macroeconomics. “Right now, these are minority views on the F.O.M.C., but Trump appointees are likely to shift the needle.” (With Trump in Power, the Fed Gets Ready for a Reckoning, New York Times)

They’re going to “shift the needle” alright, then they’re going to drive it through the serpent’s heart. The Fed has had every opportunity to show where its loyalties lie and it has sided with Wall Street every single time. There’s a reason why 95 percent of all income gains in the last eight years have gone to the one percent, while working people have struggled just to put food on the table. Just like there’s a reason why stocks have tripled in value in the last eight years while wages and incomes have stagnated and the economy has slowed to a crawl. It’s the policy, stupid.

The Fed has created the conditions for a permanent Depression so it can provide infinite cheap money to its crooked reprobate friends on Wall Street. Now their little party is coming to an end.

Boo fucking hoo.

MIKE WHITNEY lives in Washington state. He is a contributor to Hopeless: Barack Obama and the Politics of Illusion (AK Press). Hopeless is also available in a Kindle edition. He can be reached at fergiewhitney@msn.com

(Reprinted from Counterpunch by permission of author or representative)
 

This is what it must feel like to be on Death Row, to be waiting for the moment when the iron door clangs open for the last time and four burly guards escort you arm-in-arm to the room where your life will be extinguished. That same sense of dread hangs over the presidential election of 2016.

No one is happy about the election and no one anticipates better days ahead. America’s ‘glory days” appear to be in the rearview mirror while the steady downward slide seems to be gaining pace. This year’s presidential campaign has brought all the anger, anxiety and frustration bubbling to the surface. Nerves are raw, people are on edge, and the trepidation is so thick you could cut it with a knife. All the recent surveys tell the same story: Americans are sick of the mudslinging, sick of the scandals, sick of the recriminations, sick of the two party duopoly, and sick of the two candidates, the two most distrusted and reviled candidates in the country’s 230 year history. This is from the New York Times:

“An overwhelming majority of voters are disgusted by the state of American politics, and many harbor doubts that either major-party nominee can unite the country after a historically ugly presidential campaign, according to the final pre-election New York Times/CBS News Poll…

With more than eight in 10 voters saying the campaign has left them repulsed rather than excited, the rising toxicity threatens the ultimate victor. Mrs. Clinton, the Democratic candidate, and Mr. Trump, the Republican nominee, are seen as dishonest and viewed unfavorably by a majority of voters…

After weeks of Mr. Trump’s accusations that the election is “rigged,” a little more than six in 10 of his supporters say they will accept the results as legitimate if he loses. More than a quarter of Mr. Trump’s supporters say they will probably not accept the outcome if Mrs. Clinton is declared the winner, and nearly 40 percent of them say they have little or no confidence that Americans’ votes will be counted properly.”
(Voters Express Disgust Over U.S. Politics in New Times/CBS Poll, New York Times)

The growing sense of desperation in America today is palpable and it goes far beyond this one, isolated election cycle. The steady erosion of confidence in the nation’s main institutions is evident in Congress’s public approval ratings which seem to be stuck in single-digit territory. The public probably feels equal contempt for the Loretta Lynch Justice Department which is loaded with Clinton toadies that have done their best to quash any investigation into the illicit pay-to-play machinations at the Clinton Foundation. And, let’s not forget the media which has lost whatever shred of credibility it managed to salvage after its myriad of war-promoting lies about WMD, mobile weapons labs, aluminum tubes and Assad’s imaginary chemical weapons attacks, attacks that were invented from whole cloth at one of Washington’s many neocon think tanks where these fake ideas are typically hatched. The Forth Estate’s latest gambit is an idiotic attempt to prove that Vladimir Putin is trying to hack our thoroughly-corrupted Third World voting system to achieve some nebulous political gain. What a joke.

No, Hillary, Putin is not gaming the system like you did in the primaries with Bernie Sanders, nor did he put a gun to your head and force you to delete the 33,000 missing emails from your private server. That was your handiwork Ms. Clinton, although you have a done a masterful job in deflecting attention from yourself and passing the buck for your own sleazy, criminal activities onto Moscow.

But, back to the media. This from Gallup:

“Americans’ trust and confidence in the mass media “to report the news fully, accurately and fairly” has dropped to its lowest level in Gallup polling history, with 32% saying they have a great deal or fair amount of trust in the media. This is down eight percentage points from last year.

Gallup began asking this question in 1972, and on a yearly basis since 1997. Over the history of the entire trend, Americans’ trust and confidence hit its highest point in 1976, at 72%, in the wake of widely lauded examples of investigative journalism regarding Vietnam and the Watergate scandal. After staying in the low to mid-50s through the late 1990s and into the early years of the new century, Americans’ trust in the media has fallen slowly and steadily. It has consistently been below a majority level since 2007…

Bottom Line:…the slide in media trust has been happening for the past decade. Before 2004, it was common for a majority of Americans to profess at least some trust in the mass media, but since then, less than half of Americans feel that way. Now, only about a third of the U.S. has any trust in the Fourth Estate, a stunning development for an institution designed to inform the public.” (Americans’ Trust in Mass Media Sinks to New Low, Gallup)

“Designed to inform the public”???

You gotta be kidding? Droopy confidence in the media is a triumph for ordinary working people who have begun to see through the charade of “unbiased coverage” and realize that the corporate owners of the press manipulate the news to shape perceptions and maintain their stranglehold on power. That’s what’s really going on, and that’s why a growing number of people have swarmed to Donald Trump’s campaign. They see Trump’s lack of political correctness as a sign that he is not owned by the Washington oligarchy of racketeers who invent teleprompter candidates like Obama and Clinton who are never certain what they actually believe until they see it printed in bold letters on the screen in front of them.

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To large extent, Trump owes his shocking rise to the top of the GOP ticket to the fact that he shoots from the hip and that the media hates him. What was once a liability, has become an asset as trust for the despised media has plunged to depths never seen before.

But that doesn’t explain what’s really driving this election and why are the American people so overcome by desperation?

It’s all about economic insecurity. It’s all about the fact that standards of living are slipping, that an entire generation is bogged down with student debt, that all the good-paying jobs have been shipped to other countries, that family incomes are shriveling, that a good portion of the population feel threatened by immigration, that health care costs have skyrocketed, that retirement plans have been postponed, and that the great bulk of the nation’s wealth has been transferred to the 1 percent plutocrats and Wall Street landsharks who dictate policy through their Congressional lackeys and their allies at the Federal Reserve. That’s what the election is really all about.

People are waking up to the fact that the American dream is dead, that the US is no longer the land of opportunity, and that the lives of their children are going to be worse than their own, far worse. This is why everyone is so upset, so frustrated, so hopeless. They are looking for a political ally who will address their needs, and instead they get bromides on transgender bathrooms or “glass ceilings” or any of the other soothing slogans the Democrats use to pacify the masses and to keep them in the flock. Only now it’s not working as well. Now a sizable portion of the blue collar vote has shifted into Trump’s camp mainly because they see through the phony Democrat rhetoric and all the job-eviscerating free trade deals they’ve pushed for years. Trump has skillfully tapped into the collective psyche of millions of working people who feel the Democratic Party tossed them under the track-hoe 30 years ago and never looked back. And, he’s right, too. The Dems have sold out their supporters, and it’s only going to get worse under Clinton, or should we say, Madame TPP. Here’s how Nile Bowie summed it up in a recent article at CounterPunch:

“Economic disempowerment and political disenfranchisement have accelerated under President Obama, to the detriment of the American middle class. White, blue-collar Americans have witnessed the offshoring of their jobs and the erosion of their status in society, and Trump has masterfully stroked their resentment and discontent by playing on their fears of Muslims, immigrants and minorities…

Trump’s real problem with the Washington establishment is that he isn’t part of it. His campaign represents an insurgent faction of the oligarchical class that aims to displace and replace the standing political elites. Bipartisan opposition to Trump is grounded in the belief that he would be an unreliable proxy and a liability, someone too narrow and unpredictable to manage the common affairs of the ruling class and the US deep state.

Moreover, the US establishment is not interested in being led by such a contentious figure, who would draw protest and public opposition in a way that more conventional establishment candidates largely do not. For example, Trump’s rhetoric on immigration seems to engender more public outrage than the immigration policy under Obama, who has deported more people than any other president in history.” (Election 2016: A Political System In Crisis, Nile Bowie, CounterPunch)

The big money guys don’t like Trump, and they make no bones about it. But Trump isn’t going away and neither are his followers, a vast number of whom will not respect the results of the election if Hillary wins. That’s a big problem for elites who like to manage the population through the popular election sham. Now all that’s at risk.

And it’s not like Trump hasn’t bent over backwards to ingratiate himself with the deep-state powerbrokers either. He has. His first olive branch to the elites was the selection of Mike Pence as his running mate. Pence is a died-in-the-wool establishment Republican neocon who can be trusted to pursue the same extremist agenda the GOP has followed since the Gingrich revolution. But there was another big move that Trump made that escaped the notice of the media and which really underscores his willingness to “play by to the rules.” Here’s the story from Zero Hedge:

“Six months ago, Steven Mnuchin became finance chair for the Trump campaign. Having successfully helped to raise 10s of millions of dollars for the campaign, the former Goldman Sachs partner and Soros Fund management employee is now positioned for something much larger as Donald Trump reportedly told his aides today that he wants Mnuchin to serve as his Treasury Secretary.

Ironically, Trump has often criticized Clinton (and his former competitor Ted Cruz) for their links to the big banks:
“I know the guys at Goldman Sachs. They have total, total control over him. Just like they have total control over Hillary Clinton,” Trump said in one debate.
But as we noted previously, he had no qualms, however, in hiring one of the most prominent Goldman alums to raise money for him.
…for Trump, a self-professed “anti-establishment” candidate, who has repeatedly stated he is not “for sale to special interest groups”, his sudden call for the seemingly most “Wall Street” of Wall-Streeters to become Treasury Secretary may come as a big surprise to some and will leave many of his supporters demanding an explanation.” (Trump Wants Former Goldman Partner And Soros Employee To Serve As Treasury Secretary, Zero Hedge)
Another head of Treasury from G-Sax?

That figures.

Trump is great with the rabble-rousing “take back your country” tirades and all the gibberish about the “rigged” system. But he also knows how to cave in when it suits his interests. He knows he’s not going to be president without Wall Street’s nod, so he’s enlisted a trusted insider to take care of business at Treasury. It’s a signal to the bigwigs that they don’t have to worry about the Donald going off the reservation. (wink, wink) So much for Trump’s independence, eh?

And what can we say about Hillary Clinton that hasn’t been said a million times before?

Clinton, who still holds a slim lead in most of the polls, is clearly the establishment candidate in a year when hatred for the corrupt Washington oligarchy, has reached levels not seen in the last hundred years. The fact that Hillary can run for the nation’s highest office while being investigated by the FBI, while being savaged by the daily releases of new, incriminating emails (from WikiLeaks), and while promoting a hawkish, neocon-driven foreign policy that portends a direct military confrontation with Russia, speaks to the fact that traditional liberal Democrats are either still hoodwinked by the Democratic Party’s manipulation of identity politics or simply terrified of the alternative, Donald Trump.

And that’s why everyone is so utterly dejected and depressed about the election, because instead of voting for a candidate they really want or admire, most people are simply voting for the candidate that either disgusts or scares the hell out of them the least. What kind of choice is that?

In less than 48 hours, the most agonizingly-wretched campaign of all times will be over, the ballots will be counted, and the new president will be named. The only thing that is certain is that, whoever wins, we lose.

MIKE WHITNEY lives in Washington state. He is a contributor to Hopeless: Barack Obama and the Politics of Illusion (AK Press). Hopeless is also available in a Kindle edition. He can be reached at fergiewhitney@msn.com.

(Reprinted from Counterpunch by permission of author or representative)
 

Without a shred of evidence and against the expressed wishes of his superiors at the Department of Justice, the head of the nation’s most prestigious law enforcement agency announced the reopening of an investigation into the mishandling of classified material by Democratic presidential candidate, Hillary Clinton. The surprise announcement was delivered last Friday by FBI Director James Comey who knew that the action would create a cloud of suspicion around Clinton that could directly effect the outcome of the election.

Recent surveys suggest that that indeed has been the case, and that Hillary is now neck in neck with GOP contender Donald Trump going into the home-stretch of the bitterly contested campaign.

By inserting himself into the democratic process, Comey has ignored traditional protocols for postponing such announcements 60-days prior to an election, shrugged off the counsel of his bosses at the DOJ, and tilted the election in Trump’s favor. His action is as close to a coup d’état as anything we’ve seen in the U.S. since the Supreme Court stopped the counting of ballots in Florida in 2000 handing the election to George W. Bush.

It is not the job of the FBI to inform Congress about ongoing investigations. Comey’s job is to gather information and evidence that is pertinent to the case and present it to the DOJ where the decision to convene a grand jury is ultimately made. Comey is a renegade, a lone wolf who arbitrarily decided to abandon normal bureaucratic procedures in order to torpedo Clinton’s prospects for election. The widespread belief that Comey is a “good man who made a bad decision” is nonsense. He is an extremely intelligent and competent attorney with a keen grasp of Beltway politics. He knew what he was doing and he did it anyway. It’s absurd to make excuses for him.

In a carefully-crafted statement designed to deflect attention from his flagrant election tampering, Comey said this to his fellow agents:

“We don’t ordinarily tell Congress about ongoing investigations, but here I feel an obligation to do so given that I testified repeatedly in recent months that our investigation was completed,” Comey said. “I also think it would be misleading to the American people were we not to supplement the record.” (CNN)

Let’s take a minute and parse this statement. First: “We don’t ordinarily tell Congress about ongoing investigations.”

True, because it is not the FBI’s job to do so. The FBI’s job is to dig up evidence and refer it to the Justice Department. Comey is not the Attorney General although he has arbitrarily assumed her duties and authority.

Second: “I also think it would be misleading to the American people were we not to supplement the record.”

“Supplement the record”?

That’s a pretty suggestive statement, don’t you think? When someone says they’re going to supplement the record, you naturally assume that they’re going to add important details to what the public already knows. Obviously, those details are not going to be flattering to Hillary or there’d be no reason to reopen the case. So the public is left with the impression Comey is going to produce damning information that could lead to an indictment of Hillary sometime in the future.

This is precisely why normal protocols require that no new investigations be announced 60 days before an election. Why?

Because the public invariably assumes that “investigation” equals “guilt”. In other words, “The FBI wouldn’t be investigating Hillary unless they had some dirt on her. Therefore, I’d better not waste my vote on Hillary.”

This is the logic upon which Comey’s dirty trick rests. He knows the effect his announcement will have because he is law enforcements version of Karl Rove, a bone fide partisan who’s mastered the dark art of political sabotage.

And just in case Comey’s announcement didn’t produce the desired effect (by destroying Hillary’s chances for victory), a former assistant director at the FBI, Tom Fuentes, appeared on CNN shortly after the announcement was made with more explicit information. Here’s a clip from the interview:

“The FBI has an intensive investigation ongoing into the Clinton Foundation,” Fuentes said Saturday, citing current and former senior FBI officials as sources…

According to the CNN report, officials with the FBI and Justice Department met in Washington earlier this year to discuss opening an investigation into possible conflicts of interest between the Clinton Foundation and Hillary Clinton State Department.”

(“Former FBI Official: FBI Has An ‘Intensive Investigation’ Ongoing Into Clinton Foundation“, Daily Caller)

Okay. So we’re no longer dealing with just classified emails. The FBI expanded its investigation and is now wading through the real sewage, the pay-to-play corruption scandal that surrounds that vast reservoir of illicit contributions known as the Clinton Foundation. In other words, the FBI is on to something big, really BIG. I can almost see them dragging poor Hillary off to the hoosegow in leg irons and shackles. Isn’t that the impression the above quote is supposed to produce? Here’s more from Fuentes:

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“Several FBI field offices and U.S. attorneys offices pushed for the investigation after receiving a tip from a bank about suspicious donations to the Clinton Foundation from a foreign donor, according to the report….” (Daily Caller)

“Foreign donors”, “suspicious donations”, smoky rooms, bundles of money. It all fits, doesn’t it? It’s all designed to increase suspicion and make Hillary look like a crook which, coincidentally, is the relentless mantra of the Trump campaign. Funny how the FBI and Trump appear to be reading from the same script, isn’t it? It’s almost like it was planned that way.

But what about the timing of all this? Is it really a coincidence or are Comey and Fuentes part of a one-two punch from the Trump campaign?

And, more important, what does the FBI actually have on Hillary? According to Fuentes:

“When the team looking at the Weiner computers went to the team of investigators who worked on the Clinton email case, and showed the emails to them earlier in the week, they said, “This is really significant. We need to take this to the Director.” (2:05 to 2:23 video)

Repeat: “This is significant”.

What’s significant? Neither Comey nor Fuentes nor the more than year-long investigation has uncovered anything, unless you think the ridiculous rehash of the 15-year old Marc Rich investigation (which popped up on the FBI website this week) is “new news” that should alter the course of the election. This is pathetic. If they have something, show us. Otherwise, Ferme ta bouche.

Check this out from Thursday’s Wall Street Journal:

“As 2015 came to a close, the FBI and Justice Department had a general understanding that neither side would take major action on Clinton Foundation matters without meeting and discussing it first. …

The public-integrity prosecutors weren’t impressed with the FBI presentation, people familiar with the discussion said. “The message was, ‘We’re done here,’ ” a person familiar with the matter said.

Justice Department officials became increasingly frustrated that the agents seemed to be disregarding or disobeying their instructions.

Following the February meeting, officials at Justice Department headquarters sent a message to all the offices involved to “stand down,’’ a person familiar with the matter said….

Can you see what’s going on here? There’s a nest of rogue agents running wild at the FBI who’ve been giving the DOJ the finger while they conduct their witch hunt on Hillary. And what have they achieved?

Nothing! So far, they have nothing.

Now, I’m not a fan of Madame Clinton either, in fact I wouldn’t vote for her if they rubbed me down with bacon grease and stuck me in a bear cage, but, c’mon now, do we really want rogue cops and self righteous bureaucrats inserting themselves into our elections and picking the winners?

That’s bullshit.

If the FBI has some solid proof of wrongdoing that will put Hillary behind bars for good, than I say, “Bravo”. But until then, they should keep their damn hands off our elections!

MIKE WHITNEY lives in Washington state. He is a contributor to Hopeless: Barack Obama and the Politics of Illusion (AK Press). Hopeless is also available in a Kindle edition. He can be reached at fergiewhitney@msn.com.

(Reprinted from Counterpunch by permission of author or representative)
 

“Nation state as a fundamental unit of man’s organized life has ceased to be the principal creative force: International banks and multinational corporations are acting and planning in terms that are far in advance of the political concepts of the nation-state.”

— Zbigniew Brzezinski, “Between Two Ages: The Technetronic Era”, 1971

“I’m going to continue to push for a no-fly zone and safe havens within Syria….not only to help protect the Syrians and prevent the constant outflow of refugees, but to gain some leverage on both the Syrian government and the Russians.”

— Former Secretary of State Hillary Clinton, Third Presidential Debate

Why is Hillary Clinton so eager to intensify US involvement in Syria when US interventions in Afghanistan, Iraq and Libya have all gone so terribly wrong?

The answer to this question is simple. It’s because Clinton doesn’t think that these interventions went wrong. And neither do any of the other members of the US foreign policy establishment. (aka–The Borg). In fact, in their eyes these wars have been a rousing success. Sure, a few have been critical of the public relations backlash from the nonexistent WMD in Iraq, (or the logistical errors, like disbanding the Iraqi Army) but–for the most part– the foreign policy establishment is satisfied with its efforts to destabilize the region and remove leaders that refuse to follow Washington’s diktats.

This is hard for ordinary people to understand. They can’t grasp why elite powerbrokers would want to transform functioning, stable countries into uninhabitable wastelands overrun by armed extremists, sectarian death squads and foreign-born terrorists. Nor can they understand what has been gained by Washington’s 15 year-long rampage across the Middle East and Central Asia that has turned a vast swathe of strategic territory into a terrorist breeding grounds? What is the purpose of all this?

First, we have to acknowledge that the decimation and de facto balkanization of these countries is part of a plan. If it wasn’t part of a plan, than the decision-makers would change the policy. But they haven’t changed the policy. The policy is the same. The fact that the US is using foreign-born jihadists to pursue regime change in Syria as opposed to US troops in Iraq, is not a fundamental change in the policy. The ultimate goal is still the decimation of the state and the elimination of the existing government. This same rule applies to Libya and Afghanistan both of which have been plunged into chaos by Washington’s actions.

But why? What is gained by destroying these countries and generating so much suffering and death?

Here’s what I think: I think Washington is involved in a grand project to remake the world in a way that better meets the needs of its elite constituents, the international banks and multinational corporations. Brzezinski not only refers to this in the opening quote, he also explains what is taking place: The nation-state is being jettisoned as the foundation upon which the global order rests. Instead, Washington is erasing borders, liquidating states, and removing strong, secular leaders that can mount resistance to its machinations in order to impose an entirely new model on the region, a new world order. The people who run these elite institutions want to create an interconnected-global free trade zone overseen by the proconsuls of Big Capital, in other words, a global Eurozone that precludes the required state institutions (like a centralized treasury, mutual debt, federal transfers) that would allow the borderless entity to function properly.

Deep state powerbrokers who set policy behind the smokescreen of our bought-and-paid-for congress think that one world government is an achievable goal provided they control the world’s energy supplies, the world’s reserve currency and become the dominant player in this century’s most populous and prosperous region, Asia. This is essentially what Hillary’s “pivot” to Asia is all about.

The basic problem with Washington’s NWO plan is that a growing number of powerful countries are still attached to the old world order and are now prepared to defend it. This is what’s really going on in Syria, the improbable alliance of Russia, Syria, Iran and Hezbollah have stopped the US military juggernaut dead in its tracks. The unstoppable force has hit the immovable object and the immovable object has prevailed…so far.

Naturally, the foreign policy establishment is upset about these new developments, and for good reason. The US has run the world for quite a while now, so the rolling back of US policy in Syria is as much a surprise as it is a threat. The Russian Airforce deployed to Syria a full year ago in September, but only recently has Washington shown that it’s prepared to respond by increasing its support of its jihadists agents on the ground and by mounting an attack on ISIS in the eastern part of the country, Raqqa. But the real escalation is expected to take place when Hillary Clinton becomes president in 2017. That’s when the US will directly engage Russia militarily, assuming that their tit-for-tat encounters will be contained within Syria’s borders. It’s a risky plan, but it’s the next logical step in this bloody fiasco. Neither party wants a nuclear war, but Washington believes that doing nothing is tantamount to backing down, therefore, Hillary and her neocon advisors can be counted on to up the ante. “No-fly zone”, anyone?

The assumption is that eventually, and with enough pressure, Putin will throw in the towel. But this is another miscalculation. Putin is not in Syria because he wants to be nor is he there because he values his friendship with Syrian President Bashar al Assad. That’s not it at all. Putin is in Syria because he has no choice. Russia’s national security is at stake. If Washington’s strategy of deploying terrorists to topple Assad succeeds, then the same ploy will be attempted in Iran and Russia. Putin knows this, just like he knows that the scourge of foreign-backed terrorism can decimate entire regions like Chechnya. He knows that it’s better for him to kill these extremists in Aleppo than it will be in Moscow. So he can’t back down, that’s not an option.

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But, by the same token, he can compromise, in other words, his goals and the goals of Assad do not perfectly coincide. For example, he could very well make territorial concessions to the US for the sake of peace that Assad might not support.

But why would he do that? Why wouldn’t he continue to fight until every inch of Syria’s sovereign territory is recovered?

Because it’s not in Russia’s national interest to do so, that’s why. Putin has never tried to conceal the fact that he’s in Syria to protect Russia’s national security. That’s his main objective. But he’s not an idealist, he’s a pragmatist who’ll do whatever he has to to end the war ASAP. That means compromise.

This doesn’t matter to the Washington warlords….yet. But it will eventually. Eventually there will be an accommodation of some sort. No one is going to get everything they want, that much is certain. For example, it’s impossible to imagine that Putin would launch a war on Turkey to recover the territory that Turkish troops now occupy in N Syria. In fact, Putin may have already conceded as much to Turkish president Tayyip Erdogan in their recent meetings. But that doesn’t mean that Putin doesn’t have his red lines. He does. Aleppo is a red line. Turkish troops will not be allowed to enter Aleppo.

The western corridor, the industrial and population centers are all red lines. On these, there will be no compromise. Putin will help Assad remain in power and keep the country largely intact. But will Turkey control sections in the north, and will the US control sections in the east?

Probably. This will have to be worked out in negotiations, but its unlikely that the country’s borders will be the same as they were before the war broke out. Putin will undoubtedly settle for a halfloaf provided the fighting ends and security is restored. In any event, he’s not going to hang around until the last dog is hung.

Unfortunately, we’re a long way from any settlement in Syria, mainly because Washington is nowhere near accepting the fact that its project to rule the world has been derailed. That’s the crux of the matter, isn’t it? The bigshots who run the country are still in denial. It hasn’t sunk in yet that the war is lost and that their nutty jihadist-militia plan has failed.

It’s going to take a long time before Washington gets the message that the world is no longer its oyster. The sooner they figure it out, the better it’ll be for everyone.

MIKE WHITNEY lives in Washington state. He is a contributor to Hopeless: Barack Obama and the Politics of Illusion (AK Press). Hopeless is also available in a Kindle edition. He can be reached at fergiewhitney@msn.com.

(Reprinted from Counterpunch by permission of author or representative)
 
• Category: Foreign Policy • Tags: Counterpunch Archives, Russia, Syria 

“For any minimally conscious American citizen, it is absolutely evident that Donald Trump is not only facing the mammoth Clinton political machine, but, also the combined forces of the viciously dishonest Mainstream Media.”

-Boyd D. Cathey, “The Tape, the Conspiracy, and the Death of the Old Politics”, Unz Review

“The election is absolutely being rigged by the dishonest and distorted media pushing Crooked Hillary.”

-Donald Trump, Twitter

When was the last time the media threw 100% of its support behind one party’s presidential candidate? What does that say about the media?

Do you feel comfortable with the idea that a handful of TV and print-news executives are inserting themselves into the process and choosing our leaders for us? Is that the way democracy is supposed to work?

Check out this blurb from The Hill:

“The broadcast evening news programs ABC, NBC and CBS covered allegations against Trump by several women who claim he sexually assaulted them for more than 23 minutes on Thursday night. But revelations in the WikiLeaks dump of Clinton campaign chairman John Podesta which included…sympathy for Wall Street, advocation for open borders and blatant examples of media collusion ….got a whole 1 minute and 7 seconds combined.”

Ratio of negative coverage of Trump to Clinton: 23:1

In print on Thursday, it was no better. The New York Times had 11 negative stories on Trump…But zero on Clinton/WikiLeaks.

Ratio: 11:0.” (Media and Trump bias; Not even trying to hide it anymore, The Hill)

The article in The Hill also refers to a survey by the Washington Post and ABC News that asks participants six questions about allegations of sexual misconduct by Trump, but zero questions about Podesta’s incriminating emails.

Is that what you call “balance”?

I should state out-front, that I don’t plan to vote for either candidate, Trump or Clinton, so my claims of “bias” are not grounded in support for one candidate or the other. I am simply ticked-off by the fact that the media honchos have pulled out all the stops and are inserting themselves in the process to produce the outcome they want.

That’s what you call “rigging” an election. When you turn on Washington Week (Gwen Ifil) on public TV and see an assembled panel of six pundits–three conservatives and three liberals–and all six turn out to love Hillary and hate Trump; you can be reasonably certain that the election is rigged, because that’s what rigging is. Rather than providing background information about the candidate’s position on the issues so voters can make an informed decision, the media uses opinionmakers to heap praise on one candidate while savagely denigrating the other. The obvious goal is to shape public opinion in the way that best suits the interests of the people who own the media and who belong to the establishment of rich and powerful elites who run the country, the 1 percent. In this case, the ruling class unanimously backs Hillary Clinton, that much is obvious.

Fortunately, the tide is turning on the mainstream media as people look to other, more reliable sources for their information. It should come as no surprise that people are more distrustful of media than ever before and that that a great many feel that the media is conducting a brutal class war against ordinary working people. Surely, anyone who has followed economic developments at all in the last seven years, knows that the policies of the Fed have created a yawning chasm between rich and poor that is only getting worse as long as the levers of power stay in the hands of establishment politicians. Hillary Clinton is certainly the worst of these establishment politicos. Aside from being the most widely-reviled candidate the Democrats have ever nominated, she is the embodiment of political corruption and cronyism. How is it, you may ask, that someone like Clinton was able to nab “upwards of $225,000 per speech” from Goldman Sachs if she wasn’t influence peddling?

Does it really matter what she said in these speeches?

Not to me. The huge sums of money prove beyond any reasonable doubt that Clinton is selling access, tacitly agreeing to “go easy” on the big Wall Street investment banks provided they keep her foundation’s coffers overflowing. What other possible explanation could there be?

Do as many Americans know about Hillary’s sordid dealings with Wall Street as know about Trump’s “alleged” sexual dalliances?

Of course not. It’s not even close.

Do they know that Clinton was the driving force behind the intervention in Libya and Syria, where hundreds of thousands of civilians have died and seven million have been internally displaced? Do they know she was involved in the toppling of a democratically-elected government in Honduras or that a number of prominent neocons, who dragged the US into war in Iraq based on WMD lies, now support her?

Nope.

Do people know that Hillary had proof that ISIS –America’s arch enemy– was being funded and supported by our allies, Saudi Arabia and Qatar and, yet, she never reported the news to the American people??

Here’s a damning clip from one of the Podesta emails:

“We need to use our diplomatic and more traditional intelligence assets to bring pressure on the governments of Qatar and Saudi Arabia, which are providing clandestine financial and logistic support to Isis and other radical groups in the region.”

ORDER IT NOW

Remember when George W. Bush said that ‘We will treat the terrorists and the people who support the terrorists the same”?

Hillary must not have gotten that memo or we would have bombed Riyadh by now.

Do people know that there has never been a war that Hillary didn’t support, a job-killing “free trade” bill she didn’t back, or a civil liberties-eviscerating piece of legislation (Clinton voted for the original USA PATRIOT Act in 2001, as well as the revised version in 2006.) she wasn’t eager to sign?

Oh, but she does support “women’s reproductive rights” which makes her a big champion of personal freedom among her narrow demographic of successful, educated, white women. Excuse me, for not doing handstands.

Here’s another short clip from the WSWS:

“Hillary and Bill Clinton have accumulated a total of $153 million in speaking fees since Bill Clinton left the White House. Only the very naïve could believe that these vast sums were paid for the speeches themselves. They were payment for services rendered to the American financial aristocracy over a protracted period.” (In secret Goldman Sachs speeches, Clinton explains why the rich should rule, World socialist Web Site)

Get the picture? Hillary Clinton isn’t a candidate, she’s a franchise, a walking ATM machine. And her shady Foundation is nothing more than a vast recycling bin for illicit funds that pour into the political sausage-making machine in the form of contributions and magically transform themselves into special favors for the billionaire class.

Is the system rigged?

You’re damn right it is! Check this out from Zero Hedge under the heading of “73% Of Republicans Say Election Could Be “Stolen” As Trump Slams “Rigged Elections”:

“A Politico/Morning Consult Poll found that 41% of registered voters say that the election cold be stolen from Trump while 73% of Republicans fear the same.

The American electorate has turned deeply skeptical about the integrity of the nation’s election apparatus, with 41 percent of voters saying November’s election could be “stolen” from Donald Trump due to widespread voter fraud.

Should we be worried about the election being rigged? Should we be concerned that a significant number of Americans no longer trust the “integrity of the electoral process”?

And how are these allegations (that the election was stolen) going to impact Hillary’s ability to govern?

It’s going to impact it dramatically, in fact, it could stop her dead in her tracks. It could even precipitate a Constitutional crisis. And that’s where all this is headed, isn’t it?

Consider this: Maybe Trump isn’t really trying to win any more. Maybe he knows he can’t overcome a 12 point deficit this late in the game, so he’s going to pull a Samson. He’s going to shake the pillars and bring the whole rotten temple crashing down around him. He’s going use all his influence to discredit this fake democratic system the elites have painstakingly put together to control the public, he’s going to grow his throng of angry supporters into a small army, and he’s going to spearhead a (mainly) right wing populist movement that is going impose gridlock on Washington, deepen the political divisions, acrimony and polarization across the country, and make Clinton’s tenure as president a living hell.

That’s the gameplan. He’s going to marshal enough grassroots support that Clinton will spend her entire four years bogged down in endless investigations, fending off charges of criminal misconduct, and leap-frogging from one seedy scandal to the next.

No, Trump isn’t planning on winning. He doesn’t want to be president. He wants to be a modern-day Braveheart leading the peasants into battle against a thoroughly-corrupt and heinous ruling class establishment. That’s what he wants, and that’s why political has-beens like Gingrich and Giuliani have attached themselves to him like the plague. They see an opening for resurrecting their own dismal careers.

In any event, Hillary’s going to win the election, that’s for sure. But don’t count Trump out just yet. He’s just getting warmed up.

MIKE WHITNEY lives in Washington state. He is a contributor to Hopeless: Barack Obama and the Politics of Illusion (AK Press). Hopeless is also available in a Kindle edition. He can be reached at fergiewhitney@msn.com.

(Reprinted from Counterpunch by permission of author or representative)
 

The American people need to understand what’s going on in Syria. Unfortunately, the major media only publish Washington-friendly propaganda which makes it difficult to separate fact from fiction. The best way to cut through the lies and misinformation, is by using a simple analogy that will help readers to see that Syria is not in the throes of a confusing, sectarian civil war, but the victim of another regime change operation launched by Washington to topple the government of Bashar al Assad.

With that in mind, try to imagine if striking garment workers in New York City decided to arm themselves and take over parts of lower Manhattan. And, let’s say, Canadian Prime Minister Justin Trudeau decided that he could increase his geopolitical influence by recruiting Islamic extremists and sending them to New York to join the striking workers. Let’s say, Trudeau’s plan succeeds and the rebel militias are able to seize a broad swathe of US territory including most of the east coast stretching all the way to the mid-west. Then– over the course of the next five years– these same jihadist forces proceed to destroy most of the civilian infrastructure across the country, force millions of people from their homes and businesses, and demand that President Obama step down from office so they can replace him with an Islamic regime that would enforce strict Sharia law.

How would you advise Obama in a situation like this? Would you tell him to negotiate with the people who invaded and destroyed his country or would you tell him to do whatever he thought was necessary to defeat the enemy and restore security?

Reasonable people will agree that the president has the right to defend the state and maintain security. In fact, national sovereignty and security are the foundation upon which the international order rests. However, neither the US media nor the US congress nor the White House nor the entire US foreign policy establishment agree with this simple, straightforward principle, that governments have the right to defend themselves against foreign invasion. They all believe that the US has the unalienable right to intervene wherever it chooses using whatever means necessary to execute its regime change operations.

In the case of Syria, Washington is using “moderate” jihadists to topple the elected government of Bashar al Assad. Keep in mind, that no even disputes WHAT the US is doing in Syria (regime change) or that the US is using a proxy army to accomplish its objectives. The only area of debate, is whether these “moderates” are actually moderates at all, or al Qaida. That’s the only point on which their is some limited disagreement. (Note: Nearly everyone who follows events closely on the ground, knows that the moderates are al Qaida)

Doesn’t that strike you as a bit bizarre? How have we gotten to the point where it is “okay” for the US to topple foreign governments simply because their agents are “moderate” troublemakers rather than “extremist” troublemakers?

What difference does it make? The fact is, the US is using foreign-born jihadists to topple another sovereign government, the same as it used neo Nazis in Ukraine to topple the government, the same as it used US troops to topple the sovereign government in Iraq, and the same as it used NATO forces to topple the sovereign government in Libya. Get the picture? The methods might change, but the policy is always the same. And the reason the policy is always the same is because Washington likes to pick its own leaders, leaders who invariably serve the interests of its wealthy and powerful constituents, particularly Big Oil and Israel. That’s how the system works. Everyone knows this already. Washington has toppled or attempted to topple more than 50 governments since the end of WW2. The US is a regime change franchise, Coups-R-Us.

Hillary Clinton is a charter member of the regime change oligarchy. She is a avid Koolaid drinker and an devoted believer in American “exceptionalism”, which is the belief that ‘If the United States does something, it must be good.’

Hillary also believes that the best way to resolve the conflict in Syria is by starting a war with Russia. Here’s what she said on Sunday in her debate with Donald Trump:

Clinton: “The situation in Syria is catastrophic. And every day that goes by, we see the results of the regime by Assad in partnership with the Iranians on the ground, the Russians in the air…I, when I was secretary of state, I advocated and I advocate today a no-fly zone and safe zones.”

Repeat: “I advocate today a no-fly zone and safe zones.”

This is a very important point. Hillary has supported no-fly zones from Day 1 despite the fact that–by her own admission– the policy would result in massive civilian casualties. And civilian casualties are not the only danger posed by no-fly zones. Consider the warning by America’s top soldier, Chairman of the Joint Chiefs of Staff, General Joseph Dunford. In response to a question from Senator Roger Wicker (R-Mississippi) on the potential dangers of trying to “control Syrian airspace,” Dunford answered ominously, “Right now… for us to control all of the airspace in Syria would require us to go to war against Syria and Russia.”

This is the Hillary Doctrine in a nutshell: Confront the Russians in Syria and start WW3. If there’s another way to interpret Dunford’s answer, then, please, tell me what it is?

Hillary also added that, “we have to work more closely with our partners and allies on the ground.”

This means that the Obama-CIA policy of supporting militant jihadists on the ground to topple an elected government will continue just as it has for the last five years. Is that what Hillary supporters want; more intervention, more escalation, more Iraqs, more Syrias?

She also said this: “I do support the effort to investigate for crimes, war crimes committed by the Syrians and the Russians and try to hold them accountable.”

ORDER IT NOW

Readers should pause for a minute and really try to savor the convoluted absurdity of Clinton’s comments. As we pointed out in our analogy, Putin and Assad are trying to reestablish the central governments control over the country to establish security the same as if Obama found it necessary to fight armed rebels in lower Manhattan. Governments have the right to govern their country. This shouldn’t be hard to understand. What Hillary is proposing is that the Syrian and Russians (who were invited by Assad) be prosecuted for fulfilling the sworn duty of every elected leader while –at the same time– the countries (like the US) that have (by their own admission) armed, trained and financed foreign invaders that have torn the country to shreds and killed more than 400,000 civilians, be let off Scott-free.

It is a great tribute to our propagandist western media, that someone like Hillary can make a thoroughly asinine statement like this and not be laughed off the face of the earth. By Hillary’s logic, Obama could be prosecuted for war crimes if civilians were killed while he attempted to liberate lower Manhattan. The whole idea is ridiculous.

Here’s another Hillary gem from the debate:

“I do think the use of special forces, which we’re using, the use of enablers and trainers in Iraq, which has had some positive effects, are very much in our interests, and so I do support what is happening.”

“Positive effects”?

What positive effects? 400,000 people are dead, 7 million more are ether internally displaced or refugees, and the country has been reduced to a Fulluja-like rubble. There are no “positive effects” from Hillary’s war. It’s been a complete and utter catastrophe. The only success she can claim, is the fact that the sleazebag Democratic leadership and their thoroughly-corrupt media buddies have been more successful in hiding the details of their depredations from the American people. Otherwise its been a dead-loss.

Here’s more Hillary:

I would go after Baghdadi. I would specifically target Baghdadi, because I think our targeting of Al Qaida leaders —”

Baghdadi, Schmaghdadi; who gives a rip? When has the CIA’s immoral assassination program ever helped to reduce the fighting, ever diminished the swelling ranks of terrorist organizations, or ever made the American people safer?

Never, that’s when. The whole thing is a fu**ing joke. Hillary just wants another trophy for her future presidential library, a scalp she can hang next to Gadhafi’s. The woman is sick!

Here’s one last quote from the debate::

“I would also consider arming the Kurds. The Kurds have been our best partners in Syria, as well as Iraq. And I know there’s a lot of concern about that in some circles, but I think they should have the equipment they need so that Kurdish and Arab fighters on the ground are the principal way that we take Raqqa after pushing ISIS out of Iraq.”

Obama is arming the Kurds already, but the Kurds have no interest in seizing Raqqa because it is not part of their traditional homeland and because it doesn’t help them achieve the contiguous landmass they seek for their own state. Besides, arming the Kurds just pisses off Turkish President Tayyip Erdogan who provides a critical airstrip at Incirlik from which the US carries out most of its airstrikes on enemy targets in Syria. In other words, Clinton doesn’t know what the heck she’s talking about.

While there’s no time to get into Hillary’s role in starting the war in Syria, there is a very thorny situation that developed last week that’s worth considering for those people who still plan to cast their vote for Clinton in the November election.

Here’s a quick rundown of what happened: Last Wednesday, the Washington Post leaked a story stating that the Obama administration was considering whether it should directly attack Syrian assets on the ground, in other words, conduct a covert, low-intensity war directly against the regime. (rather than just using proxies.)

On Thursday, the Russian Ministry of Defense spokesman Maj. Gen. Igor Konashenkov announced that Moscow had deployed state of the art defensive weapons systems (S-300 and S-400 air defense missile systems) to the theater and was planning to use them if Syrian or Russian troops or installations were threatened.

In a televised statement, Konashenkov said: “It must be understood that Russian air defense missile crews will unlikely have time to clarify via the hotline the exact flight program of the missiles or the ownership of their carriers.”

Referring to the provocative article in the Washington Post,Konashenkov added: “I would recommend our colleagues in Washington carefully weigh possible consequences of the fulfillment of such plans.”

The Russians were saying as clearly as possible that if US warplanes attacked either Russian installations or Syrian troops they would be shot down immediately. Reasonable people can assume that the downing of a US warplane would trigger a war with Russia.

Fortunately, there are signs that Obama got the message and put the kibosh on the (Pentagon’s?) ridiculous plan. Here’s a clip from an article at The Duran which may be the best news I’ve read about Syria in five years. This story broke on Friday and has been largely ignored by the major media:

“Following Russian warning of American aircraft being shot down, White House spokesman confirms plan for U.S. air strikes on Syria has been rejected….White House spokesman Josh Earnest confirmed this speaking to reporters on Thursday 6th October 2016.

“The president has discussed in some details why military action against the Assad regime to try to address the situation in Aleppo is unlikely to accomplish the goals that many envisioned now in terms of reducing the violence there. It is much more likely to lead to a bunch of unintended consequences that are clearly not in our national interest.” (“U.S. backs down over Syria after Russian threat to shoot down American aircraft,” Alexander Mercouris, The Duran)

As critical as I’ve been of Obama over the years, I applaud him for his good judgment. While the Pentagon warhawks and foreign policy hardliners are relentlessly pushing for a direct confrontation with Russia, Obama has wisely pulled us back from the brink of disaster.

The question is: Would Hillary do the same?

MIKE WHITNEY lives in Washington state. He is a contributor to Hopeless: Barack Obama and the Politics of Illusion (AK Press). Hopeless is also available in a Kindle edition. He can be reached at fergiewhitney@msn.com.

(Reprinted from Counterpunch by permission of author or representative)
 
• Category: Foreign Policy • Tags: Counterpunch Archives, Russia, Syria 

“Last Wednesday, at a Deputies Committee meeting at the White House, officials from the State Department, the CIA and the Joint Chiefs of Staff discussed limited military strikes against the (Assad) regime … One proposed way to get around the White House’s long-standing objection to striking the Assad regime without a U.N. Security Council resolution would be to carry out the strikes covertly and without public acknowledgment.”

– Washington Post

Call it stealth warfare, call it poking the bear, call it whatever you’d like. The fact is, the Syrian war has entered a new and more dangerous phase increasing the chances of a catastrophic confrontation between the US and Russia.

This new chapter of the conflict is the brainchild of Pentagon warlord, Ash Carter, whose attack on a Syrian outpost at Deir Ezzor killed 62 Syrian regulars putting a swift end to the fragile ceasefire agreement. Carter and his generals opposed the Kerry-Lavrov ceasefire deal because it would have required “military and intelligence cooperation with the Russians”. In other words, the US would have had to get the greenlight from Moscow for its bombing targets which would have undermined its ability to assist its jihadist fighters on the ground. That was a real deal-breaker for the Pentagon. But bombing Deir Ezzor fixed all that. It got the Pentagon out of the jam it was in, it torpedoed the ceasefire, and it allowed Carter to launch his own private shooting match without presidential authorization. Mission accomplished.

So what sort of escalation does Carter have in mind, after all, most analysts assume that a direct confrontation between the United States and Russia will lead to a nuclear war. Is he really willing to take that risk?

Heck no, but not everyone agrees that more violence will lead to a nuclear exchange. Carter, for example, seems to think that he can raise the stakes considerably without any real danger, which is why he intends to conduct a low-intensity, stealth war on mainly Syrian assets that will force Putin to increase Russia’s military commitment. The larger Russia’s military commitment, the greater probability of a quagmire, which is the primary objective of Plan C, aka–Plan Carter. Take a look at this clip from an article in Tuesday’s Washington Post which helps to explain what’s going on:

“U.S. military strikes against the Assad regime will be back on the table Wednesday at the White House, when top national security officials in the Obama administration are set to discuss options for the way forward in Syria…

Inside the national security agencies, meetings have been going on for weeks to consider new options to recommend to the president to address the ongoing crisis in Aleppo,…A meeting of the National Security Council, which could include the president, could come as early as this weekend.

Last Wednesday, at a Deputies Committee meeting at the White House, officials from the State Department, the CIA and the Joint Chiefs of Staff discussed limited military strikes against the regime…

The options under consideration… include bombing Syrian air force runways using cruise missiles and other long-range weapons fired from coalition planes and ships… One proposed way to get around the White House’s long-standing objection to striking the Assad regime without a U.N. Security Council resolution would be to carry out the strikes covertly and without public acknowledgment, the official said.” (Obama administration considering strikes on Assad, again, Washington Post)

Don’t you think the Washington Post should have mentioned that Carter’s sordid-little enterprise is already underway?

Consider the bombing of Deir Ezzor, for example. Doesn’t that meet the Post’s standard of “U.S. military strikes against the Assad regime”?

Sure, it does.

And what about the two Syrian bridges US warplanes took out over the Euphrates last week? (making it more difficult to attack ISIS strongholds in the eastern quadrant of the country) Don’t they count?

Of course, they do.

And let’s not forget the fact that Carter’s jihadist buddies on the ground launched a mortar attack on the Russian embassy in Damascus on Tuesday. That’s another part of this low-intensity war that’s already underway. So all this rubbish about Obama mulling over these “new options” for “military strikes” is complete hogwash. Plan Carter is already in full swing, the train already left the station. The only thing missing is presidential authorization which probably isn’t necessary since Il Duce Carter decided that it was his turn to run the country.

Now check out this clip from a Memo to the President from a group of ex-U.S. intelligence agents who compelled to warn Obama about (among other things) “asserting White House civilian control over the Pentagon.” Here’s an excerpt:

“In public remarks bordering on the insubordinate, senior Pentagon officials showed unusually open skepticism regarding key aspects of the Kerry-Lavrov deal. We can assume that what Lavrov told his boss in private is close to his uncharacteristically blunt words on Russian NTV on Sept. 26:

“My good friend John Kerry … is under fierce criticism from the US military machine. Despite the fact that, as always, [they] made assurances that the US Commander in Chief, President Barack Obama, supported him in his contacts with Russia… apparently the military does not really listen to the Commander in Chief.”

ORDER IT NOW

Lavrov’s words are not mere rhetoric … Policy differences between the White House and the Pentagon are rarely as openly expressed as they are now over policy on Syria.”
(Obama Warned to Defuse Tensions with Russia, Consortium News)

How shocking is that? When was the last time you read a memo from retired Intel agents warning the president that the Pentagon was usurping his Constitutional authority? That sounds pretty serious, don’t you think?

Bottom line: The Pentagon is basically prosecuting their own little war in Syria and then chatting up the policy with Obama when they damn-well feel like it. Here’s more from the Washington Post:

“The CIA and the Joint Chiefs of Staff … expressed support for such “kinetic” options, the official said … That marked an increase of support for striking Assad compared with the last time such options were considered.” (Washington Post)

Of course they want to bomb Assad. They’re losing! Everyone wants to bomb someone when they’re losing. It’s human nature. But that doesn’t mean it’s a good idea. It’s a very bad idea. Just like supporting Sunni extremists is a bad idea. Just like giving shoulder-launched surface-to-air missiles (MANPADS) to fanatical crackpots is a bad idea. How crazy is that? And how long before one of these religious nutcases use their new toys to take down an Israeli or American jetliner?

Not very long, I’d wager. The idea of doubling-down on homicidal maniacs (By providing them with more lethal weapons) is really one of the dumbest ideas of all time, and yet, the Pentagon and CIA seem to think that it’s tip-top military strategy. Here’s one last blurb from the WA Post article:

“Kerry’s deputy, Antony Blinken, testified last week that the U.S. leverage in Russia comes from the notion that Russia will eventually become weary of the cost of its military intervention in Syria. “The leverage is the consequences for Russia of being stuck in a quagmire that is going to have a number of profoundly negative effects,” Blinken told the Senate Foreign Relations Committee.” (Washington Post)

See? There it is in black and white. “Quagmire”. The new “Plan C” strategy is designed to create a quagmire for Putin by gradually ratcheting up the violence forcing him to prolong his stay and deepen his commitment. It’s a clever trap and it could work, too. The only hitch is that Putin and his allies appear to be making steady headway on the battlefield. That’s going to make a lot harder for Syria’s enemies to continue the provocations and incitements without triggering massive retaliation.

But maybe Carter hasn’t thought about that yet.

NOTE: Russia issues warning to Pentagon; Hostile aircraft that threatens Syrian troops will be shot down

This is from a Thursday report on Sputnik International:

“The Russian Minister of Defense said “that “Russian S-300, S-400 air defense systems deployed in Syria’s Hmeymim and Tartus have combat ranges that may surprise any unidentified airborne targets. Operators of Russian air defense systems won’t have time to identify the origin of airstrikes, and the response will be immediate. Any illusions about “invisible” jets will inevitably be crushed by disappointing reality.”

No More Deir ez-Zors

“I point out to all the ‘hotheads’ that following the September 17 coalition airstrike on the Syrian Army in Deir ez-Zor we took all necessary measures to exclude any similar ‘accidents’ happening to Russian forces in Syria,” Konashenkov said. (Sputnik)

MIKE WHITNEY lives in Washington state. He is a contributor to Hopeless: Barack Obama and the Politics of Illusion (AK Press). Hopeless is also available in a Kindle edition. He can be reached at fergiewhitney@msn.com.

(Reprinted from Counterpunch by permission of author or representative)
 

“No one on the ground believes in this mission or this effort, and they know they are just training the next generation of jihadis, so they are sabotaging it by saying, ‘Fuck it, who cares?’”, Unnamed Green Beret, (“US Special Forces sabotage White House policy gone disastrously wrong with covert ops in Syria”, Jack Murphy, SOFREP News)

The United States is on the wrong side in the Syrian war. The U.S. is on the side of al Qaida, the terrorist organization that killed 3,000 Americans on September 11, 2001. Jabhat al Nusra, which is the name of al Qaida’s branch in Syria, is the most powerful and effective militia currently fighting against the Syrian government. Al Nusra is not comprised of “moderates” that are fighting for democracy, civil liberties or human rights. They are Islamic extremists that want to remove the secular government of Syrian President Bashar al Assad and replace it with an Islamic caliphate that will ruthlessly enforce Sharia law. The bulk of al Nusra’s foot-soldiers are not Syrian nationals, but foreign-born militants recruited by the various Intelligence agencies (US, Turkish, Saudi and Qatar) from around the world. A large portion of these fighters have been armed, trained and funded by these same intel agencies. Whether al Nusra gets its marching orders directly from Langley, Riyadh or Ankara, is a matter of considerable debate, (I, personally, don’t think they do) but it is also completely irrelevant. What’s more important is that these terrorist organizations are mainly the invention of the western intel agencies that use jihadists to advance their own geopolitical agendas in places like Afghanistan, Kosovo, Chechnya, Libya, Somalia etc. Absent state support, these gangs of cutthroats would likely wither and vanish in a matter of months. Instead, they have grown into a small but lethal global army capable of ousting sovereign regimes and destabilizing entire regions.

The record shows that the CIA’s relationship to these shadowy groups goes back more than 30 years to Operation Cyclone in Afghanistan where the Mujahideen were used to rout the Russians in Washington’s stealth war against the Soviet Union. Elements of the Mujahideen evolved into al Qaida which launched the attacks on 9-11. One might think that a catastrophic event like the downing on the Twin Towers in lower Manhattan, would prompt a thorough review of the policy (of supporting Islamic extremists), but that hasn’t been the case at all. The CIA continues to back all manner of dodgy groups (Death squads in Nicaragua and Iraq, neo-Nazis in Ukraine, jihadists in numerous locations) provided they help to advance the imperial agenda. National security and the safety of the American people simply never factor into elite decisionmaking. What drives the policy is oil, power, money and Israel. Nothing else matters.

In the case of Syria, al Nusra and the other so-called “moderate” terrorists serve a crucial purpose. They allow foreign actors to prosecute a clandestine “regime change” war while invoking plausible deniability, thus, eschewing any criminal accountability for their actions. These deep-state puppeteers– who are ultimately responsible for the massive death and destruction in Syria– believe they can achieve the same horrific results that were achieved in Iraq without committing US ground troops, without igniting a violent and prolonged insurgency, and without triggering the public relations disaster they experienced in 2003. In other words, Washington is using proxy warriors to achieve the same results as in Iraq without incurring the same costs.

The use of proxies has been used to confuse the public about what is really going on in Syria, but the facts are plain to see. Syria is not in the throes of a “civil war” as the media would have us believe. The country is being ripped apart by an American invasion, the same as Iraq was destroyed by an American invasion. The substitution of armed-proxies for US footsoldiers doesn’t change a thing. The fact is, the US is the main driver of the current policy. The jihadist invasion would not have taken place without a green light and material support from Washington.

The goal of the invasion is to replace Bashar al Assad with a US-stooge, splinter the country into multiple parts, and control vital pipeline corridors. Washington wants to create conditions on the ground that forever prevent the reemergence of a strong, secular central government that can openly oppose US commercial interests, US regional hegemony or pose a threat to Israel. That’s the whole ball o’ wax. Syria must be destroyed to strengthen Washington’s grip on the Middle East and assert control over its resources. To that end, the US eagerly throws its support behind the vast pool of Sunni militants that have formed into small armies which appear to enjoy a great deal of autonomy, but, in fact, follow a narrow script that closely coincides with the aims of their patrons. When these militias eventually outlive their usefulness, (as I expect they will) they will either be disbanded or extinguished by the same people who first breathed life into them.

Just to be clear, we are not saying that Washington or the CIA directly control al Nusra. (The precise manner in which Nusra acquires US-made weaponry remains unclear.) What we are saying, however, is that the CIA and their allies are responsible for this global scourge and use its agents on the ground to pursue their own interests. In effect, Al Nusra is performing the same function that US foot soldiers performed in Iraq. They are the tip of the spear, the faceless grunts who execute the imperial policy, regime change. The fact that no American soldiers are killed, precludes the bodybags, the flag-draped coffins, the wailing mothers at military funerals, and the blood-soaked headlines, all of which fuels popular resistance to misguided military campaigns. The use of proxy militias is designed to avoid all of those potential pitfalls. Even so, the strategy does have its shortcomings, like the effect it has on morale when Special Ops troops are used to train jihadists how to fight in Syria. Check out this excerpt from an article at SOFREP News titled “US Special Forces sabotage White House policy gone disastrously wrong with covert ops in Syria”:

ORDER IT NOW

“Nobody believes in it. You’re like, ‘Fuck this,’” a former Green Beret says of America’s covert and clandestine programs to train and arm Syrian militias. “Everyone on the ground knows they are jihadis. No one on the ground believes in this mission or this effort, and they know they are just training the next generation of jihadis, so they are sabotaging it by saying, ‘Fuck it, who cares?’”

“I don’t want to be responsible for Nusra guys saying they were trained by Americans,” the Green Beret added. A second Special Forces soldier commented that one Syrian militia they had trained recently crossed the border from Jordan on what had been pitched as a large-scale shaping operation that would change the course of the war. Watching the battle on a monitor while a drone flew overhead, “We literally watched them, with 30 guys in their force, run away from three or four ISIS guys.” (sofrep.com) (“US Special Forces sabotage White House policy gone disastrously wrong with covert ops in Syria”, Jack Murphy, SOFREP News)

The Green Berets see through this nonsense. They know that these training programs are a farce, but the game goes on regardless. They probably also know that the CIA has been running similar programs for the better part of the last 30 years and, yet, nothing changes. The agency continues its engagement with homicidal maniacs unleashing them on the world with ever increasing frequency. At the same time, Koolaid-drinking Americans continue to ignore what is going on right beneath their noses preferring instead to spend long hours in a coma-like trance watching home improvement shows or catching up with the Kardashians. Whatever it is, they remain uniquely oblivious to the crimes committed by their government which, as Harold Pinter noted in his Nobel acceptance speech “have been systematic, constant, vicious and remorseless.”

Last week, the spokesman for the US State Department, John Kirby, delivered a uncharacteristically threatening message to Moscow which suggested that the US maintains connections with terrorist organizations. Here’s what he said:

“Extremist groups will continue to exploit the vacuums that are there in Syria to expand their operations, which could include attacks against Russian interests, perhaps even Russian cities. Russia will continue to send troops home in body bags, and will continue to lose resources, perhaps even aircraft.” Kirby added that if the war in Syria continues “more Russian lives will be lost, more Russian aircraft will be shot down.”

Naturally, Moscow was taken aback by Kirby’s frankness, particularly his tacit admission that Washington somehow controls the activities of the terrorists they claim to be fighting. That was the real stunner, and it didn’t pass unnoticed, in fact, Deputy Foreign Minister Sergey Ryabkov delivered a broadsides just hours after Kirby’s press confab. He said:

“We cannot interpret this as anything else but de facto support for terrorism. These poorly veiled invitations to use terrorism as a weapon against Russia shows the political depths the current US administration has stooped to in its approach to the Middle East and Syria.”

Ryabkov’s statement was followed by Russian FM Spokeswoman Maria Zakharova who took a more reflective view saying:

“And those [acts of terrorism] will be perpetrated by ‘moderate’ [Syrian opposition groups]?…Just the ones that Washington has been unable to separate from Al-Nusra for as long as six months?”

“[What about] Terrorist attacks in France, America and other countries; the beheadings of people of all nationalities by Islamic State militants in Syria – is this all kind of a different paradigm? Perhaps another ‘parallel reality?”

In other words, Zakharova wants Kirby to clarify the extent to which Washington controls these terrorist groups. Is the State Department’s power limited to Syria or can they claim responsibility for other seemingly random acts of violence? It would be nice to know, wouldn’t it?

Zakharova also added this bombshell that suggests the cat is out of the bag:

“Don’t you think that such ventriloquism about ‘body bags,’ ‘terrorist attacks in Russian cities’ and ‘loss of aircraft,’ sounds more like a ‘get ’em’ command, rather than a diplomatic comment?”

It’s a fair question, don’t you think? Is Washington acting as a “ventriloquist”, that is, a performer that controls the movements and voice of a dummy? Russian Defense Ministry spokesman, Igor Konashenkov, seems to think so. Check out this clip from AMN News:

“According to Konashenkov, US Department of State spokesman John Kirby’s statement is tantamount to recognition the Syrian opposition is in fact a US-controlled international terrorist alliance.

“Kirby, I am certain, is well aware of the after-effects of his statement. His words are the most frank confession by the US side so far the whole ‘opposition’ ostensibly fighting a civil war in Syria is a US-controlled international terrorist alliance,” Konashenkov said.

“What makes Kirby’s statement particularly shocking is that the scale of direct US influence on terrorists’ activity is global. That it reaches as far as Russia. The mask comes off, doesn’t it, sirs?”
(“Russia warns US over recent threats”, AMN)

(This same analysis was published in western media, too, like the UK Telegraph.)

A “US-controlled international terrorist alliance”?? Is that what we’re talking about?

Kirby’s comments appear to indicate that that is precisely the case. But why would Kirby make such a careless and self-incriminating statement that many believe to be a smoking gun? And, why hasn’t he provided a follow-up explanation, clarification, correction or retraction ? Why?

Hubris, that’s why. The US foreign policy establishment is so secure in its unassailable political position, they simply don’t care what the little people think anymore. It just doesn’t matter to them. What the power elite care about is making sure that Putin “gets the message”, that he knows he’ll pay a hefty price if he doesn’t shape up and fall in line. That’s what they really care about and that’s why Kirby hasn’t backed off his damning statement.

But what about the rest of us? How should we regard the war on terror in light of Kirby’s surprising admission?

We need to realize that our approach to terrorism is all wrong. Terrorism cannot be defeated by nipping at the edges or by killing individual agents or groups. That hasn’t worked and that won’t work. The cancer has to be eradicated at its source which — in all probability– means either dismantling or reigning in the CIA and bringing its deep-state paymasters to justice. That is how one wins the war on terror.

MIKE WHITNEY lives in Washington state. He is a contributor to Hopeless: Barack Obama and the Politics of Illusion (AK Press). Hopeless is also available in a Kindle edition. He can be reached at fergiewhitney@msn.com.

(Reprinted from Counterpunch by permission of author or representative)
 
• Category: Foreign Policy • Tags: Counterpunch Archives, Syria, Terrorists 

Here’s your economics quiz for the day:

Question 1– What do you think would happen if you put $3 trillion into the financial system?

a–Stock prices would rise

b–Stock prices would fall

c–Stock prices would stay the same

Question 2– What do you think would happen if you put $3 trillion into the economy? (Via fiscal stimulus for infrastructure projects, extended unemployment benefits, food stamps, etc)

a–Activity would increase and the economy would grow

b–Activity would slow and the economy would shrink

c–Activity would stay the same, so growth would remain unchanged

If you picked “a” for both questions, then pat yourself on the back because you got the right answers.

Now try to answer this one, last “bonus” question:

Question 3– If adding money to the financial system boosts asset prices, and adding money to the economy boosts growth, then why did the Fed add $3 trillion to the financial system expecting the economy to grow?

Is the Fed confused about how the economy works? Is the Fed confused about how the financial system works?

Probably not. There’s probably some other explanation altogether, after all, why would someone put gas in their radiator when the gas-tank is empty. That’s not going to provide fuel for the engine, is it? The same rule applies to stimulus. The only way stimulus can work is if its put where it’s needed. And we can now say with 100 percent certainty, that the Fed’s stimulus wasn’t put where it was needed which is why it hasn’t worked.

How do we know that?

Just take a look at GDP. Second Quarter GDP came in at a dismal 1.2 percent even though interest rates are still locked at near-zero and the Fed is still recycling the cash from maturing bonds into more government debt.

Do you know what 1.2 percent GDP means?

It means that spending is weak, business investment is anemic, personal consumption is in the toilet and credit growth is kaput. It means that the economy has basically stopped breathing, been taken off the respirator and is being rushed to the morgue for embalming before rigor mortis sets in. It means that the people who are assigned the task of managing the system either don’t know how the system works or have an ulterior motive for the policies they’re using.

So, which is it? Is the Fed a moron or a liar?

Now we’ve all heard the expression, “The definition of insanity is doing the same thing over and over again, and expecting a different result”.

Well, the Fed has been doing the same thing for the last seven years — dumping money into the financial system while predicting stronger growth. That would seem to suggest that the Fed is insane, but is the Fed insane?

No, in fact, the members of the FOMC are extremely-bright, well-educated professionals who have a solid grasp of the economy and the many intricacies of the financial system. These are smart guys, real smart. So, maybe they have an ulterior motive. Maybe that’s why they’ve stuck with the same failed policies all these years.

But if they have an ulterior motive, then what is it? What are they trying to achieve?

The easiest way to answer that question is by simply following the money. We’ve already seen that QE and zero rates have done nothing for growth, so –the question is– where have these policies had the greatest impact?

Why, the stock market, of course!

Did you know that the Dow Jones Industrials (DJIA) bottomed on March 9, 2009 at 6,507. As of Thursday (9-15-16), the Dow finished the day at 18,211 nearly three times higher. The same goes for the S and P 500 which slipped to 676 in March 2009, but rebounded to 2,147 as of yesterday afternoon. Then there’s the Nasdaq which fared even better bouncing back from an abysmal 1,268 in 2009 to a lofty 5,249 yesterday.

Now if stocks rise due to fundamentals, then that’s just great because it means the underlying strength of the economy is driving prices higher. But if stock prices rise because the people who are supposed to be the referees (The Fed) are gaming the system by printing up trillions of dollars and sticking it in the financial markets so their crooked friends can send their kids to Ivy League schools and drive around in Lamborghinis, then it’s not so great.

When the Fed pumps liquidity directly into the financial system, that liquidity cannot accurately be called “monetary stimulus”. It’s not stimulus anymore than if the Fed put a billion bucks into your fledgling-Podunk landscape business. It’s a subsidy, a gift, a handout. Even so, $3 trillion is a lot of money, enough money to light a fire under stocks and send them into the stratosphere. Which it has. But let’s not kid ourselves, stocks didn’t triple because production, earnings and growth are all going great-guns. That’s not it at all, in fact, they’re all unusually weak. Stocks are in record territory because the Fed’s relentless interventions have kept them elevated, which has propped up the insolvent banking system and generated gigantic profits for Wall Street.

And while rising stock prices don’t necessarily prove that the Fed has an ulterior motive; identifying the people who benefit from those inflated prices certainly does. After all, who owns stocks and bonds?

We can break these people up into three separate groups; The pretty rich, the very rich and the filthy rich. These are the people who own stocks and who benefit from the Fed’s policies.

So what does this tell us about the Fed’s “full employment, price stability” mandate?

It tells us its baloney. It tells us its public relations-hype designed to bamboozle the sheeple who can’t see what’s going on right beneath their noses.. It tells us the Fed has a secret mandate to assist the profit-accumulation process for the Kleptocrat class of ivy league moochers. (Wall Street) It tells us that the Fed’s real job is implement the policies that best facilitate the upward distribution of wealth. It tells us that the Fed’s so called “independence” is a complete and utter fraud and that if Janet Yellen or any of her meat-puppet-colleagues on the FOMC ever veered as much as a centimeter to the left of her corporate marching orders– they’d find themselves wrapped in plastic-sheeting and gasping for air at the bottom of the East River in a pair of cement booties.

ORDER IT NOW

The whole idea that the mousy Ms Yellen is calling the shots for the world’s most powerful financial institution is the most ridiculous thing I’ve ever heard. Does anyone actually believe that rubbish?

Yellen is a public relations invention, a small but critical part of a larger charade that is intended to conceal the manner by which the vast bulk of the nation’s wealth is transferred from one class to another. Let’s call it The Great Central Bank Policy Swindle, because that’s what it is. The Fed is merely an apparatchik agency that keeps its thumb on the scale to make sure all the loot goes to its bloodsucking constituents. That’s how the system works. Here’s a little background from an article at the WSWS:

“A new report issued by the Swiss bank Credit Suisse finds that global wealth inequality continues to worsen and has reached a new milestone, with the top 1 percent owning more of the world’s assets than the bottom 99 percent combined.

Of the estimated $250 trillion in global assets, the top 1 percent owned almost exactly 50 percent, while the bottom 50 percent of humanity owned collectively less than 1 percent. The richest 10 percent owned 87.7 percent of the world’s wealth, leaving 12.3 percent for the bottom 90 percent of the population.” (“Top 1 percent own more than half of world’s wealth“, World Socialist Web Site)

But it’s not just the fact that half of everything is owned by a handful of obscenely-wealthy, money-grubbing loafers. This same voracious crew of miscreants is pulling down the lions-share of the yearly income too. Check it out:

“The census data also reveals that income inequality in America remained virtually unchanged from 2014, with the wealthy in the top fifth of the population taking in about half of all household income, while the bottom fifth earned only 3.4 percent.” (“Despite increase in 2015, US household income still lags behind pre-recession levels“, Kate Randall, World Socialist web Site)

So –not only do the plutocrats own half of everything on planet earth– their share of the booty is actually increasing every year. Nice, eh?

The point is, none of this is accidental. These outcomes are the direct result of policy, the Fed’s policies. And the Fed is not alone either. This greatly-accelerated class war is a now global phenom. Just look at this tidbit I picked up from an article at CNBC:

“Data from JPMorgan shows that the top 50 central banks around the world have cut rates 672 times since the collapse of Lehman Brothers, a figure that translates to an average of one interest rate cut every three trading days. This has also been combined with $24 trillion worth of asset purchases.” (“QE Infinity: Are we heading into the unknown?“, CNBC)

$24 trillion!

$24 trillion represents the biggest freaking bank heist in human history, and what do we have to show for it?

A big fat nothing, that’s what! All the data is sagging and global growth has slowed to a crawl. It’s like all the dough that was supposed to strengthen the fictitious recovery just vanished into thin air. Poof!

So why hasn’t that $24 trillion had more of an impact? Why isn’t their more inflation, more activity, more spending, more consumption and more growth???

It’s because everywhere the global bank cartel has its tentacles, the same policies of austerity and QE have been adopted. (Japan, UK, EU, US etc) Everywhere you look it’s caviar and Dom Perignon for the investor class and thin gruel and table scraps for everyone else. Everywhere economies are being gutted, looted, hollowed out by financial parasites who seek greater gain by holding down wages, slashing benefits and retirement, and eviscerating standards of living for ordinary working slobs while the big money honchos are living the life of Riley. Everywhere it’s starve the beast but gorge the rich.

This is political economy writ large. Trump is right, the Fed is the most political institution in government. It IS the government, and it has an absolute stranglehold on the economy.

Is it any wonder why owners of wealth are no longer using their money to invest in future production or growth or retooling or building factories or anything. Instead, they’re buying back their own shares, issuing fat dividends on droopy earnings, and shrinking their businesses in the relentless pursuit of short-term gain.

This type of destructive behavior didn’t just appear out of the ether. Heck, no. The Fed’s easy money policies created irresistible incentives for this reckless, suicidal behavior. That means the Fed is 100 percent responsible for the fragile condition of the financial system and the ginormous asset-price bubble that’s headed lickety-split for the powerlines.

But now it’s all coming to a head. Now all the bigtime global institutions (IMF, BIS, WTO, OECD) are warning that a “Hard Rain’s a-gonna Fall” and that the day of reckoning may be at hand. According to a recent report by the Organization for Economic Co-operation and Development (OECD), GDP-per-capita will grow only 1% in 2016, “which is half the average in the two decades preceding the crisis.”

As it happens, the OECD report is no more apocalyptic then the others, it’s just more explicit in what it expects to transpire. Here’s more on the report from Wolf Street:

“Financial instability risks are rising, including from exceptionally low interest rates and their effects on financial assets and real estate prices.”…

Share prices have risen significantly in recent years in advanced economies, notably in the United States. By contrast, the growth of profits for non-financial companies has recently slowed to a modest pace, following a post-crisis recovery…

A reassessment in financial markets of interest rates could result in substantial re-pricing of assets and heighten financial volatility even if interest rates were to remain below long-term averages….”

(“OECD Warns Fed, BOJ, ECB of Asset Bubbles, “Risks to Financial Stability,” Pinpoints US Stocks & Real Estate “, Wolf Street)

Okay, let’s summarize: The global economy is slowing, corporate profits are tanking, monetary stimulus has lost its mojo, and financial instability risks are rising.

Oh, and did you catch the part about “a substantial re-pricing of assets”. That’s financial jargon for “a crash”, a big, thundering, cataclysmic, earth-shattering CRASH. The author is simply stating the obvious, that Central Banks have brought us to the brink of another gut-wrenching downward spiral followed by another excruciating financial crisis.

And it’s all by design, the unavoidable result of the Fed’s destabilizing, wealth-shifting policies.

How many times are we going to go through this drill before we disband the Fed and start from scratch?

MIKE WHITNEY lives in Washington state. He is a contributor to Hopeless: Barack Obama and the Politics of Illusion (AK Press). Hopeless is also available in a Kindle edition. He can be reached at fergiewhitney@msn.com.

(Reprinted from Counterpunch by permission of author or representative)
 
Ceasefire Sabotage Triggers Major Offensive in Aleppo

“Syria is the summation of all the errors of a dysfunctional empire collapsing upon itself. History forgotten. Science ignored. Facts denied. Propaganda cannot hide that West is supporting and killing Islamists at the same time in a World War that risks escalating into a nuclear holocaust.” Vietnam Vet, comments-line, Sic Semper Tyrannis

The attack on Deir Ezzor was a flagrant act of betrayal. For the first time in the five year-long war, US warplanes targeted an SAA military outpost killing 62 Syrian regulars. The surprise attacks — which lasted for the better part of an hour and were followed by a coordinated ground assault by members of ISIS– were intended to torpedo the fragile ceasefire agreement and send a message to Moscow that the US was prepared to achieve its strategic objectives in Syria whether it had to launch direct attacks on defenders of the regime or not.

The attacks–for which the Pentagon eventually accepted responsibility–were followed by a callous and thoroughly-unprofessional tirade by the administration’s chief diplomat at the United Nations, Samantha Power. Power dispelled any doubt that either she or anyone else in the Obama administration cared at all about the people who lost their lives in the bombing raid. She also made it clear that she didn’t care if the US had violated the terms of the ceasefire just two days before critical parts of the agreement were scheduled to be implemented.

Naturally, Moscow was taken aback by Washington’s reaction, it’s blatant disregard for the soldiers they killed, and its obvious determination to sabotage the ceasefire. Having reflected on Obama’s de facto rejection of the agreement, Putin pursued the only viable option left open to him; more war. As a result, he has intensified his efforts on the battlefield particularly around Aleppo where the Syrian Arab Army (SAA) and crack-units from Hezbollah have launched a three-prong attack that will dispose of the US-backed jihadists that have destroyed much of Syria over the last half-decade and displaced over 7 million civilians.

Bottom line: Having foreclosed the political option for reducing the violence, the Obama administration will now face the consequences for its rejection.

Here’s an excellent summary of developments on the ground around Aleppo from decorated veteran and retired senior officer of U.S. Military Intelligence and U.S. Army Special Forces (The Green Berets) Colonel W. Patrick Lang. The article was posted on September 24:

“As of today, forces have been massed at Aleppo for the purpose of eliminating the East Aleppo rebel pocket. This pocket has now been without re-supply for an extended period. This is true for both the jihadi rebels and the civilian population, many of whom are rebel supporters.

IMO (In my opinion) the main effort by R+6 is taking place at the SE side of the East Aleppo pocket. That is now underway with massive CAS from Russian aerospace forces. At the same time Palestinian militia allies with CAS have attacked the fortified Handarat refugee camp at the NE corner of the pocket. IMO this is a secondary attack intended to prevent the rebels moving forces south to oppose the main R+6 effort.

This is an excellent plan.

At the same time there is an unconfirmed report from SOHR in London (pro-rebel) that a Russian force with 3,000 men has been positioned at al-Safir about 12 km. SE of the main attacks on the Aleppo pocket. If this report is correct this force is well positioned to reinforce the main attack or be used in a defensive move against a rebel effort elsewhere. It would be in the Russian operational tradition to pass a reinforcing “wave” or echelon of forces through the initial assault forces when they become exhausted by combat….

The foreign policy establishment (Borg) in the West wants to believe that war is obsolete as a factor in the story of humanity…. They believe that they have inherited the earth and that their cleverness will always prevail over mere force.

We will now have a demonstration that this is not true.” pl

(“Flash! Washpost discovers that Syria War may be “winnable.”, Sic Semper Tyrannis)

Obama’s de facto rejection of the ceasefire has created the conditions for a decisive military defeat in Aleppo. The fate of the CIA-trained “moderate” terrorists hunkered down in East Aleppo is not that different from that of General George Armstrong Custer at the Little Bighorn who was surrounded by a superior military force and summarily slaughtered to the man. This is the option Pentagon warlord, Ash Carter chose when he decided to sabotage the joint military implementation agreement and go rogue. Carter opposed the ceasefire deal and in doing so signed the death warrant for hundreds of US-backed extremists who chances for survival are growing slimmer by the day.

ORDER IT NOW

According to recent reports, pro-government forces are advancing on a number of fronts. At the same time, the Syrian and Russian air forces have intensified their bombing campaign reducing large swathes of the city to rubble and killing several hundred Sunni militants. While the jihadists have performed better than many had expected, their fate is no longer in doubt. The cauldron is encircled, their front lines are collapsing, their supply lines have been severed, and the end is in sight.

Aleppo will fall and the US-backed effort to topple the Assad government using a proxy army of Islamic extremists will fail.

A few things need to be said about the ceasefire to set the record straight.

First, there was never any chance that the US was going to abide by the terms of the agreement. The US has no way of separating the “moderates” from the extremists which was one of the main requirements of the deal. That was never going to happen. But, more importantly, the Pentagon –which opposed the agreement from the get-go –had no intention of complying with its demands.

Why?

Well, for one thing, as Syrian President Bashar al Assad said himself:

“…the United States doesn’t have the will to work against al-Nusra or ISIS, because they believe that this is a card they can use for their own agenda. If they attack al-Nusra or ISIS, they will lose a very important card regarding the situation in Syria. So, I don’t believe the United States will be ready to join Russia in fighting terrorists in Syria.”

Bingo. Assad is not suggesting that al-Nusra or ISIS are controlled by Langley. He’s merely saying that– inasmuch as the goals of these groups coincide with US strategic objectives (which they certainly do in Syria) Washington will continue to support their activities. In other words, Obama would rather see a “Salafist principality” emerge in Syria then allow an independent, secular government to remain in place. Everyone who has followed events closely in Syria for the last five years, knows this is true.

The other reason the Pentagon opposed the agreement was because they didn’t want to comply with the military-to-military coordination plan. The western media has been particularly opaque on this issue. For example, according to the New York Times deal would be “an extraordinary collaboration between the United States and Russia that calls for the American military to share information with Moscow on Islamic State targets in Syria.” (“Details of Syria Pact Widen Rift Between John Kerry and Pentagon“, New York Times)

Okay, but why is that a problem? Wouldn’t that be the most effective way to defeat ISIS and Al Qaida? Of course, it would. So, what’s the rub? Here’s more from the NYT:

“Chief among Pentagon concerns is whether sharing targeting information with Russia could reveal how the United States uses intelligence to conduct airstrikes, not just in Syria but in other places, which Moscow could then use for its own advantage in the growing confrontations undersea and in the air around the Baltics and Europe.”(NYT)

This is complete baloney. The fact is the Pentagon doesn’t want to have to get approval for its target-list (identify and verify) from the Russian military. That’s what’s really going on. And the reason for this is obvious, the strategic objectives of the US are exact opposite of Moscow’s. Washington has no interest in defeating terrorism in Syria, in fact, as we pointed out earlier, Washington is just fine with terrorism as long it helps them move the ball closer to the goalpost. What the US wants is to topple the regime, replace Assad with a US-stooge, splinter the country into multiple parts, and control vital pipeline corridors. These goals cannot be achieved if the Pentagon has to get a green-light from Moscow every time they go on a bombing raid. How are they going to assist their jihadist assets on the ground if they have to follow that rule?

They won’t be able to, which is why it’s no surprise that SECDEF Ash Carter put the kibosh on the deal by bombing the SAA positions at Deir Ezzor. The massacre effectively ended all talk about “coordination” with the Russians. Mission accomplished.

But even this does not completely explain why the Pentagon launched this unprecedented attack that killed 62 Syrian soldiers and moved the two superpowers closer to a direct confrontation. To grasp what’s really going on behind the endless recriminations, we need to understand that the Obama administration has abandoned its original plan to oust Syrian President Bashar al Assad, and moved on to Plan B; partitioning the country in a way that establishes a separate Sunni state where US troops will be based and where vital pipelines will be built to transfer natural gas from Qatar to the EU.

This ambitious plan is more than a redrawing of the Middle East and a pivot to Asia. It is a critical lifeline to a country (USA) whose economic prospects are progressively dimming, whose credit card is maxed out, and who is counting on a Hail Mary pass in Syria to save itself from cataclysmic economic collapse and ruination. Washington must succeed in Syria because, well, because it must, because the red ink has finally penetrated the pinewood hull and is fast filling the galley. A defeat in the Middle East could be the straw that broke the camel’s back, the tipping point in the agonizingly-protracted unipolar-new-world-order experiment. In other words, it’s Syria or bust. Here’s a little background that will help to clarify what’s going on:

“Washington has previously made it clear that if it cannot achieve its plan A; regime change, it will go for its plan B; to balkanize the country and help to create a Kurdish and/or Sunni state in eastern Syria…

Attacking the Syrian Army, and allowing ISIL to capture the city will make Deir Ezzor a probable target for the US-backed proxies to attack and annex.” (“The Ceasefire Failed; What happens now?“, The Vineyard of the Saker)

So, Washington wants to control Syria’s eastern quadrant (where Deir Ezzor is located) for military bases, pipeline routes, and a Sunni homeland, which is more-or-less the pretext for continued military occupation. Here’s more from an article by Christina Lin:

“Writing in Armed Forces Journal4, Major Rob Taylor joined numerous other pundits in observing that the Syrian civil war is actually a pipeline war over control of energy supply, with Saudi Arabia, Qatar and Turkey needing to remove Assad “so they can control Syria and run their own pipeline through Turkey.”….

…if the Saudi/Qatar/Turkey backed Army of Conquest can control just enough land in Syria for a salafist statelet (aka–Sunnistan) to build the Qatar-Turkey pipeline, then these sunni states can finally realize their pipeline dream. Indeed, the 2012 Defense Intelligence Agency report6 corroborates their desire to carve out a salafist statelet in Syria east of Assad-controlled territory in order to put pressure on his regime.” (“Chinese stratagems and Syrian buffer zone for Turkey-Qatar pipeline“, Christina Lin, Times of Israel)

The idea of splintering Syria into numerous fragments (and controlling the eastern portion of the state) has been promoted by western elites across the board, from neocon John Bolton who said:

“Today’s reality is that Iraq and Syria as we have known them are gone…..Washington should recognize the new geopolitics. The best alternative to the Islamic State in northeastern Syria and western Iraq is a new, independent Sunni state.

This “Sunni-stan” has economic potential as an oil producer….and could be a bulwark against both Mr. Assad and Iran-allied Baghdad.” (“To Defeat ISIS, Create a Sunni State“, New York Times)

Liberal interventionists at the Brookings Institute are pushing for the same balkanization remedy. Here’s a clip from an article at Brookings titled “Deconstructing Syria: A new strategy for America’s most hopeless war” by chief military analyst, Michael O’ Hanlon:

“…the only realistic path forward may be a plan that in effect deconstructs Syria….the international community should work to create pockets with more viable security and governance within Syria over time… Creation of these sanctuaries would produce autonomous zones that would never again have to face the prospect of rule by either Assad or ISIL….”

(“Deconstructing Syria: A new strategy for America’s most hopeless war“, Michael E. O’Hanlon, Brookings Institute)

So, there you have it; divide and conquer. Split up the country, install new leaders, and let the plundering begin. Sound familiar?

But the Russians will have none of it, in fact, Putin has responded to Carter’s escalation by escalating himself. The circle around Aleppo has closed, supply lines have been cut, the airstrikes have intensified, and the three-pronged ground assault has already begun. So while Washington may have big plans for Syria, they appear to be failing where it counts most…..on the battlefield.

MIKE WHITNEY lives in Washington state. He is a contributor to Hopeless: Barack Obama and the Politics of Illusion (AK Press). Hopeless is also available in a Kindle edition. He can be reached at fergiewhitney@msn.com.

(Reprinted from Counterpunch by permission of author or representative)
 
• Category: Foreign Policy • Tags: Counterpunch Archives, Russia, Syria