War, war and more war. This is the Pentagon’s vision of the future. Unlike Russia or China which have a plan for an integrated EU-Asia free trade zone (Silk Road) that will increase employment, improve vital infrastructure, and raise living standards, the US sees only death and destruction ahead. Washington has no strategy for the future, no vision of a better world. There is only war; asymmetrical war, technological war, preemptive war.
Tag: Mike Whitney
Did you know that 85 percent of Americans say that it’s harder to maintain a middle class standard of living today than it was 10 years ago? (Pew Research Center) Or that “77 percent of all Americans live paycheck to paycheck at least some of the time”, or that “one of every four workers in the US brings home wages that are at or below the federal poverty level”, or that “47 million Americans are on food stamps, or that “40.4% of the U.S. workforce is now made up of contingent workers,” mainly temps, contract workers and part-time labor?
Turkish President Recep Tayyip Erdogan seems to think so. In fact, Erdogan is acting like Wednesday’s explosion in the capital was a gift from God. You see, Erdogan and his fellow Islamists think that if they pin the blame for the bombing on luckless patsy, Salih Neccar, who has links to the Kurdish YPG, then they’ll be able to convince Washington that the YPG is a terrorist organization. And if they can convince Washington that the YPG a terrorist organization, then Obama will have to break off relations with the YPG even though the Kurdish militia has been helping the US defeat ISIS in Syria.
Last week’s game-changing triumph in northern Syria has moved the Russian-led coalition to within striking distance of a decisive victory in Aleppo. After breaking a 40 month-long siege on the cities of Nubl and Zahra, the Syrian Arab Army (SAA) has encircled the country’s industrial hub and is gradually tightening the noose. Crucial supply-lines to the north have been cut leaving the Sunni extremists and anti-government militias stranded inside a vast, urban cauldron. It’s only a matter of time before these disparate renegades are either killed or forced to surrender.
A broad swathe of the Turkish border is now under SAA control while the ubiquitous Russian bombers continue to inflict heavy losses on demoralized anti-regime militants. Wednesday’s lightening attack on the strategic towns of Nubl and Zahraa was just the icing on the cake. The bold maneuver severed critical supply-lines to Turkey while tightening the military noose around the country’s largest city leaving hundreds of terrorists stranded in a battered cauldron with no way out.
So implementing a ceasefire is the UN’s top priority as it is Washington’s. But why would Putin agree to a ceasefire now just when the Russian-led coalition is making great strides on the battlefield, the war’s momentum has shifted in his favor, and the jihadist militias appear to be on the ropes?
Whatever the exact figure may be, we’re talking serious money here, something in the neighborhood of a half trillion dollars per year. And it’s all being used for the sole purpose of jacking stock price so voracious CEOs and their shareholders can make a killing. Not one dime of this money is going into expanding operations, hiring more employees, Research and Development or improving productivity. The lone objective of this farce is to inflate stock prices to Hindenburg proportions in order to line the pockets of filthy-rich one percenters.
When the Dow Jones Industrial Average (DJIA) and S&P peaked in May 2015, investors were still confident that the Fed “had their back” and that any steep or prolonged downturn in stocks would be met with additional liquidity and a firm commitment to maintain zero rates as long as necessary. But now that the Fed has started its long-awaited rate-hike cycle, investors aren’t sure what to expect.
Why is the economy barely growing after seven years of zero rates and easy money? Why are wages and incomes sagging when stock and bond prices have gone through the roof? Why are stocks experiencing such extreme volatility when the Fed increased rates by a mere quarter of a percent?
Here’s your U.S. foreign policy quiz for the day:
Question 1– How many governments has the United States overthrown or tried to overthrow since the Second World War?
Answer: 57 (See William Blum.)
Question 2– How many of those governments had nuclear weapons?
Does that mean North Korea needs nuclear weapons to deter US aggression?
Would you be willing to defend your country against a foreign invasion? That’s all Putin is doing in Syria. He’s just preempting the tidal wave of jihadis that’ll be coming his way once the current fracas is over. He figures it’s better to exterminate these US-backed maniacs in Syria now than face them in Chechnya, St Petersburg and Moscow sometime in the future. Can you blame him? […]
The idea that prominent western media like the New York Times and the Washington Post would take these Saudi-led meetings seriously is simply mindboggling. Does anyone need to be reminded that 15 of the 19 hijackers on 9-11 were from Saudi Arabia, or that Saudi royals have been arming and funding terrorist organizations for the last 30 years or that Riyadh is presently backing many of the Sunni militants now prosecuting the proxy war in Syria today?