The American “New Economy” is the American Third World economy in which the only jobs created are low productivity, low paid nontradable domestic service jobs incapable of producing export earnings with which to pay for the goods and services produced offshore for US consumption.
Much has been made about how the U.S wants to “cooperate” with China and to maintain friendly relations. But at the same time, President Obama proposes to undermine bi-lateral relations in the region while China wants to enhance them on an individual basis in much the same way that it would with any other country outside the region.
The Turkish government has become almost apoplectic over Washington’s support for the Kurdish militants in Syria. Erdogan this week repeated an ultimatum to US President Barack Obama “to back us, not the terrorists” – referring to the YPG. Ankara fears that the emboldened Syrian Kurds might eventually carve out a separatist state with their PKK comrades in southeast Turkey.
Coverage of the Syrian war will be remembered as one of the most shameful episodes in the history of the American press. Reporting about carnage in the ancient city of Aleppo is the latest reason why.
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.
In 2008 the Federal Reserve had a choice: It could save the economy, or it could save the banks. It might have used a fraction of what became the vast QE credit – for example $1 trillion – to pay off the bad mortgages and write them down. That would have helped save the economy from debt deflation. Instead, the Fed simply wanted to re-inflate the bubble, to save banks from having to suffer losses on their junk mortgages and other bad loans.
President Obama, who once called the idea of “moderate” Syrian rebels a “fantasy,” has maintained the fiction to conceal the fact that many “moderates” are fighting alongside Al Qaeda’s jihadists, an inconvenient truth that is complicating an end to Syria’s civil war, explains Gareth Porter.
Hillary and her clan of faux progressives represent an isthmus of privilege in a proletarian sea. If she wins, Hillary will doubtless confirm a few piteous maxims about the human race: any color, creed, or gender is capable of being as cruel as any other and, in the end, greed is our greatest vice.
In early January, 2016 Syria Researcher Vanessa Beeley found herself in the midst of a Twitter debate with none other than terrorist supporter and death squad organizer Robert Ford. The former U.S. Ambassador was apparently upset with Beeley’s challenge to the official State Department narrative of “Assad’s brutality” and shortly commenced to debating her in a private message.
Peter Oborne speaks to residents of government-held areas about their fighting for ‘civilisation’ and latest drive to root out ‘terrorism’ in Syria.
In Ankara and Riyadh a decent night’s sleep must be hard to come by nowadays, what with the prospects of the Sunni state they’d envisaged being established across a huge swathe of Syria slipping away in the face of an offensive by Syrian government forces that is sweeping all before it north of Aleppo, threatening to completely sever supply lines […]
What Yakovenko is therefore in effect saying is that the US was planning in the summer to start a bombing campaign to overthrown the government of Syria in the knowledge that this would result by October in the victory of the Islamic State and its capture of Damascus.
