Libya will join its neighbors in tackling sensitive fuel market reforms and plans to do away with all subsidies within three years, Oil Minister Abdel-Bari al-Arusi said Tuesday by Jessica Donati, Ghaith Shennib The International Monetary Fund estimates over 14 percent of Libya’s budget or about $7 billion will this year be swallowed up by subsidies for food and fuel, which […]
This eminently Bushist Obama “red line” business, applied to Syria, Iran or both, is becoming a tad ridiculous by Pepe Escobar Take Pentagon head Chuck Hagel’s tour of Israel and the “friendly” GCC (the de facto Gulf Counter-revolution Club) last week. US defense contractors had the Moet flowing as Hagel merrily congregated with that prodigy of democracy – United Arab […]
The EU Al-Qaeda Oil Consortium by Gearóid Ó Colmáin The decision of the European Union to lift the embargo on Syrian government’s energy exports by importing oil from the ‘armed opposition’ is another flagrant violation of international law. It violates the UN General Assembly declaration of 1962 on Permanent Sovereignty over Natural Resources and is yet another violation of the […]
For Washington and its allies, the real red line in Syria is the defeat of Syrian opposition fighters. Once the opposition fighters start losing battles — and they do — alarm bells will start ringing in Western capitals by Mahir Zeynalov Last year, Washington drew a line in the sand and said once the Syrian regime uses chemical weapons, calculations will […]
Absurd “chemical weapons” claims begin to fall apart amidst NATO’s desperate bid to save its collapsing terror front in Syria by Tony Cartalucci According to the White House itself, there is no evidence that the Syrian government has used chemical weapons of any kind during the two year conflict the West itself has created and continues to perpetuate. Indeed, a […]
By Shamus Cooke Has Syria crossed the “red line” that warrants a U.S. military invasion? Has it not? The political establishment in the United States seems at odds over itself. Obama’s government cannot speak with one voice on the issue, and the U.S. media is likewise spewing from both sides of its mouth in an attempt to reconcile U.S. foreign […]
Another Argument for Publicly-Owned Banks by Ellen Brown [W]ith Cyprus . . . the game itself changed. By raiding the depositors’ accounts, a major central bank has gone where they would not previously have dared. The Rubicon has been crossed.” —Eric Sprott, Shree Kargutkar, “Caveat Depositor” The crossing of the Rubicon into the confiscation of depositor funds was not a […]
“I believe that despite the enormous odds which exist, unflinching, unswerving, fierce intellectual determination, as citizens, to define the real truth of our lives and our societies is a crucial obligation which devolves upon us all. It is in fact mandatory. If such a determination is not embodied in our political vision we have no hope of restoring what is […]
By Paul Outhwaite, author of One Consciousness – an Analysis of Bill Hicks’ Comedy With American comedian Bill Hicks there was always an awareness of other people, of how our society links together. With this came an idealism and a vision of what the world could be. But first he had to slay all the “fevered egos” polluting the planet. He saw himself as a flame, […]
Money is normally thought of as being very complicated. Itʼs no wonder, given how it is created today. So… letʼs start with the basic question. What is money? Specifically what is “cash”? Under our current system, the foundational form of “money” is legal tender fiat currency originated by the central bank of the country, the printed version of which is […]
By Positive Money Have you ever wondered why there’s so much debt? Or why the experts and authorities seem completely unable to solve the current debt crisis? Well the reason they can’t solve it is because they’re trying to fix and repair the existing banking system. But the existing banking system is completely flawed. It’s the existing system that has […]
The 2 Scariest Unemployment Charts Ever This is what a permanent underclass looks like by Matthew O’Brien Spain is in a great depression, and it is one of the most terrifying things I have ever seen. Five years after its housing boom turned to bust, Spanish unemployment hit a record high of 27.2 percent in the first quarter of 2013. It’s […]
