United States

Quantitative Easing Was a Bust; Let’s Try Higher Wages Instead

The global economy faces so many headwinds at present that it’s hard to know where to begin. China’s real estate bubble has popped, capital flight has put emerging markets into a nosedive, commodities prices have plunged triggering fears of deflation, the economic data is increasingly bleak, and the Fed’s plan to “normalize” rates has sent stocks gyrating like never before.

Why US Fears Putin Success in Syria

Another reason for Western vexation over Russia’s intervention in Syria is that it is exposing the fraudulence and criminality of the Western powers and their regional client regimes. Russia is conducting operations that are lawful under international law with the full consent of the Syrian government – unlike the US-led coalition which is bombing the country illegally. Vladimir Putin has cogently delineated the all-important legal difference. From the Western viewpoint, this exposure of their depredations is intolerable.

Putin is Defeating More than ISIS in Syria

The Obama Administration has been training terrorists of Al Qaeda/Al Nusra, allegedly to fight ISIS, much like the disgraced General David Petraeus did in Iraq and Afghanistan along with Obama’s special ISIS coordinator, the just-resigned General John Allen. The US-trained “moderate” terrorists were being readied, it’s now clear to all the world, in reality, to battle Assad and open the way for a Muslim Brotherhood takeover of Syria and a real plunge into darkness for the world if that were to succeed.

An International Conscience

Turns out the basic payout for a dead civilian in one of our war zones is . . . brace yourself . . . $2,500. That’s the sum we’ve been quietly doling out for quite a few years now. Conscience money. It’s remarkably cheap, considering that the bombs that took them out may have cost, oh, half a million dollars each.

If we valued human life, we would never go to war. Everybody knows this. It’s the biggest open secret out there, buried under endless public relations blather…

MH-17: The Dog Still Not Barking

The dog not barking in the Dutch report on the shoot-down of Malaysia Airlines Flight 17 is the silence regarding U.S. intelligence information that supposedly had pinned down key details just days after the crash but has been kept secret, writes Robert Parry.

The MH-17 ‘Report’

The Russian manufacturer of the Buk missile has proven that if a Buk missile was used, it was an old version that exists only in the Ukraine military. For some years the Russian military has been equipped with a replacement version that has a different signature in its destructive impact. The damage to the Malaysian airliner is inconsistent with the destructive force of the Buk missile in Russian service.

Say hello to my cruise missiles

The New Great Game in Eurasia advanced in leaps and bounds last week after Russia fired 26 cruise missiles from the Caspian Sea against 11 ISIS/ISIL/Daesh targets across Syria, destroying all of them. These naval strikes were the first known operational use of state-of-the-art SSN-30A Kalibr cruise missiles.

All it took for the Pentagon was a backward look over the shoulder at the flight path of those Kalibr missiles – capable of striking targets 1,500 km away. Talk about a crisp, clear, succinct message from Moscow to the Pentagon and NATO. Wanna mess with us, boy? With your big, bulging aircraft carriers, maybe?

KALIBRating the foe: strategic implications of the Russian cruise missiles’ launch

This initial real-world use of long-range LACMs by Russia has significant strategic importance, because the carriers of such systems (surface vessels and submarines), stationed elsewhere in the ocean, can minimize the potential use of nuclear weapons and offensive antiballistic systems by those states that still consider the Russian Federation to be their “biggest potential enemy,” an “aggressor state,” and an “annexing state.” These high-impact weapons systems could be used for preemptive or retaliatory strikes with both nuclear or non-nuclear warheads.