Monthly Archives: September 2014

ISIS: Made in Washington, Riyadh – and Tel Aviv

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“ISIS didn’t just arise out of the earth like some Islamist variation on the fabled Myrmidons: they needed money, weapons, logistics, propaganda facilities, and international connections to reach the relatively high level of organization and lethality they seem to have achieved in such a short period of time. Where did they get these assets?  None of this is any secret: Saudi Arabia, Qatar, and the rest of the oil-rich Gulf states have been backing them all the way. Prince Bandar al-Sultan, until recently the head of the Kingdom’s intelligence agency – and still the chief of its National Security Council – has been among their biggest backers.”

http://original.antiwar.com/justin/2014/08/24/isis-made-in-washington-riyadh-and-tel-aviv/

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Ron Paul: Obama Has No Middle East Strategy? Good!

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“Three years of supporting any force that might overthrow the secular government of President Assad has produced a new monster in the Middle East that neocons insist the US must slay. Why can’t they just admit they were wrong? Why can’t the interventionists just admit that their support for regime change in Syria was a terrible and tragic mistake?  If ISIS is as big a threat as they claim, why can’t they simply ask Assad to help out? Assad has never threatened the United States; ISIS has. Assad has been fighting ISIS and similar Islamist extremist groups for three years. Why does the US government insist on aligning with theocracies in the Middle East?”

http://www.thedailybell.com/editorials/35607/Ron-Paul-Obama-Has-No-Middle-East-Strategy-Good/

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US Coast Guard Fires At Iranian Fishing Boat In Persian Gulf

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“The incident occurred when Coast Guard Patrol Boat Monomoy launched a smaller vessel that approached ‘to query the Iranian dhow’ on its activities in international waters.  Dhows are wooden boats ‘typically used for trade’ throughout the region.  According to CNN, the Iranian crew ‘trained and prepared to fire a .50 caliber machine gun on [the smaller] boat as it approached as part of routine maritime security operation.’ As this action ‘demonstrated hostile intent,’ the Coast Guard fired one shot ‘in self-defense.’  The Navy reported that the dhow crew did not respond after one shot was fired.  The Coast Guard is operating with the Navy’s Fifth Fleet in the Persian Gulf.”

http://www.breitbart.com/Big-Peace/2014/08/27/US-Coast-Guard-Fires-At-Iranian-Fishing-Boat-In-Persian-Gulf

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Thousands of Germans rally to end government spying

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“The rally in Berlin against federal surveillance gathered thousands of people under the motto ‘Freedom not fear,’ who were calling for stricter control of German intelligence agencies.  The organizers said about 6,500 demonstrators, a broad coalition of pro-transparency, anti-surveillance and civil rights groups including the E.F.F., Reporters Without Borders, Digital Courage, and Amnesty International joined the rally as they marched from the Brandenburg Gate to the Federal Chancellery.  The American Internet activist and journalist Jacob Appelbaum called on activists to not be afraid to expose government secrets, with many in the crowd holding Edward Snowden signs.”

http://rt.com/news/184000-berlin-protests-surveillance-government/

https://www.youtube.com/watch?v=P8o9gMgmshk

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The US government can brand you a terrorist based on a Facebook post

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“It was confirmed earlier this month that the FBI shares its master watchlist, the Terrorist Screening Database, with at least 22 foreign governments, countless federal agencies, state and local law enforcement, plus private contractors.  The standards are so low that the US government’s guidelines specifically allow for a single, uncorroborated source of information – including a Facebook or Twitter post – to serve as the basis for placing you on its master watchlist.  Of the 680,000 individuals on that FBI master list, roughly 40% have ‘no recognized terrorist group affiliation’, according to the Intercept, but they are still branded as suspected terrorists.”

http://www.theguardian.com/commentisfree/2014/aug/30/terrorist-watch-list-rules-innocent-people

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Ferguson Protests Spotlight a Much Bigger Problem

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“The police force of Bloomington, Georgia, also took advantage of federal subsidies recently when it purchased four grenade launchers, which might be overkill for a town of less than 3,000 people.  As if supplying local police units with heavy firepower wasn’t concerning enough, the federal government does not instruct police departments on how to use their new toys. Additionally, the Department of Defense Excess Property Program, commonly known as the 1033 Program, requires police departments to surrender any equipment not put to use within a year, which explains why police would show up to a protest decked out in camouflage and armed to the teeth.”

http://www.hardassetsalliance.com/investing-news/newsletter/gold-no-longer-a-safe-haven-asset#a3

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Continued EU Weakness Gives Rise to Two Inflationary Trends

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“China – the BRICS – and the US are printing endless gouts of money, and now it appears as if the European Union is headed in the same direction. According to economists, the ECB could cut interest rates even further while embarking on a campaign of asset-backed purchases that might include a ‘fullblown’ QE. What’s the timing of something like this? According to the article, ‘the market is clearly expecting a large-scale asset purchase programme, maybe not at the next meeting but by the end of the year.’ It would seem that even as the US is scaling back such programs, Europeans may be exposed to an aggressive variant of the same strategy.”

http://www.thedailybell.com/news-analysis/35594/Continued-EU-Weakness-Gives-Rise-to-Two-Inflationary-Trends/

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Every cloud has a gold lining

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“The gold price saw an epic 12-year bull run – something not even the mighty S&P 500 has been able to achieve – come to an end in 2013, when investors grew confident enough about the outlook for the global economy to move into more risk-sensitive assets such as equities, thereby boosting the dollar.  Since then, the gold price has risen by nearly 8 percent to just above $1,300 an ounce. That said, sentiment in the gold market is close to its worst in living memory, as miners and refiners deal with a price that has fallen by more than 30% from its peak and investment banks jettison their precious metals and broader commodities businesses for fear of falling foul of new U.S. trading regulations.”

http://blogs.reuters.com/global-markets-forum/2014/08/13/every-cloud-has-a-gold-lining/

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Russia seeks safe haven in gold, away from dollar and euro

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“‘Due to the worsening geopolitical situation, the Central Bank actively redistributed foreign exchange reserves, replacing US Treasury bonds with gold,’ Alfa Bank’s chief economist, Natalya Orlova, told Kommersant.  Instead of buying euros and dollars, Russia’s Central Bank is eyeing the Chinese yuan and the Japanese yen.  Boosting currency swaps and bilateral payments with China and other strategic trade partners will continue to bypass the US dollar. Last week, Russia’s and China’s central banks have agreed to increase currency swaps.  Holding more of these currencies is a logical move for Russia, which has high trade volumes with both China and Japan.”

http://rt.com/business/180588-russia-central-bank-gold/

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What the Next Gold Confiscation Will Look Like

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“A windfall profits tax on gold would be much easier for the government to administer than what they did in 1933. And thanks to the system of citizenship-based taxation, a windfall profits tax on gold could be levied on Americans no matter where in the world they live.  There’s precedence for this, too. In 1980 the Congress passed the Crude Oil Windfall Profit Tax Act, which taxed up to 70% of what they deemed to be ‘windfall profits’ of domestic oil producers.  If gold were to explode to the upside (another way of saying the dollar crashes), we shouldn’t be surprised to see a bill like the Fair Share Gold Windfall Profit Tax Act get passed, which would levy a 80%, 90%, or higher tax on gold.”

http://www.internationalman.com/articles/what-the-next-gold-confiscation-will-look-like

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