For some inexplicable reason, the hard-earned money you deposit in the bank is not considered “security” or “collateral.” It is just a loan to the bank, and you must stand in line along with the other creditors in hopes of getting it back. State and local governments must also stand in line, although their deposits are considered “secured,” since they remain junior to the derivative claims with “super-priority.”
Month: December 2015
The divisions that were fomented by the US occupation in Iraq to weaken resistance, and then to provoke civil war in Syria against the Assad government, are already responsible for the deaths of hundreds of thousands and forcing millions in both countries to flee their homes. The fact that American and European strategists are contemplating redrawing borders, entrenching sectarian and ethnic conflicts and, most likely, triggering new wars, is testimony to the sheer criminality of imperialist policy in the Middle East.
Often overshadowed by the proxy war being fought in Syria, is the nine month old regional conflict in Yemen which ostensibly pits Sunni Saudi Arabia against Shia Iran. British-made ‘smart’ bombs dropped from British-built aircraft both of which continue to be sold in vast numbers to the Saudi’s have contributed to thousands of civilian deaths in Yemen.
In the abstract, capitalism and slavery are fundamentally counterposed systems. One is based on free labor, and the other, on forced labor. However, in practice, Capitalism itself would have been impossible without slavery.
In the United States, scholars have demonstrated that profit wasn’t made just from Southerners selling the cotton that slaves picked or the cane they cut. Slavery was central to the establishment of the industries that today dominate the U.S. economy: real estate, insurance and finance.
After 14 years of War on Terror the West is great at fomenting barbarism and creating failed states. For the last several years, people around the world have asked, “Where did ISIS come from?” Explanations vary, but largely focus on geopolitical (U.S. hegemony), religious (Sunni-Shia), ideological (Wahhabism) or ecological (climate refugees) origins. Many commentators and even former military officials correctly […]
In this U.S.-centered worldview, China and Russia loom as the great potential adversaries – defined as independent power centers from the United States as they create the Shanghai Cooperation Organization as an alternative to NATO, and the AIIB as an alternative to the IMF and World Bank tandem. The very name, Asian Infrastructure Investment Bank, implies that transportation systems and other infrastructure will be financed by governments, not relinquished into private hands to become rent-extracting opportunities financed by U.S.-centered bank credit to turn the rent into a flow of interest payments.
In English-language media terms, the terrorist attacks on Damascus had virtually disappeared. In their place the military response to terrorist atrocities was presented as a slaughter of civilians and children. The toxic marriage of sectarian sources and western media, once again, turned events on their head. Sectarian fanatics became innocent victims, while the actual civilian casualties disappeared into thin air.
Such is the disinformation of the dirty war on Syria.
The idea that the uprising against the Syrian government is inspired by a grassroots movement thirsting for a pluralist, democratic state is a fiction. The opposition’s chief elements are Islamists who seek to establish a Sunni-dominated Islamic state in place of a Syrian government they revile for being secular and dominated by Alawi “heretics.” “Al Qaeda-linked groups…dominate rebel ranks,” notes The Wall Street Journal.
They look at the Syrian chessboard and as power projection goes, they see Russia comfortably settling down, with a serious land and air base, to conduct all sorts of operations across MENA (Middle East-Northern Africa) in the near future. The Pentagon obviously never saw it coming.
Washington sure wants regime change in Syria, just as former US General Wesley Clark disclosed back in 2007 – a policy that the American military-industrial complex formulated in 2001 following the 9/11 terror events. There is no reason whatsoever to believe that the same US hegemonic ambitions for the Middle East and beyond have changed under Obama.
What’s clear is that Isis and its monstrosities won’t be defeated by the same powers that brought it to Iraq and Syria in the first place, or whose open and covert war-making has fostered it in the years since. Endless western military interventions in the Middle East have brought only destruction and division. It’s the people of the region who can cure this disease – not those who incubated the virus.
Media treatment of the term ‘blowback’, the concept that foreign policy has consequences that rebound on its perpetrators, illustrates a fundamental hypocrisy in ‘the mainstream’. It is fine for approved journalists and commentators to use the word when discussing terrorist attacks, actual or feared, here in the West. But abuse and vitriol will be heaped upon the heads of peace […]