Obama: We Will Go To War For Other Nations’ Petty Territorial Disputes

“President Obama, who is in Japan today, has announced that the U.S. defense treaty with Japan applies to the Senkaku/Diaoyu Islands. Japan and China are in dispute over who has sovereignty over the largely uninhabited island chain in the East China Sea, but Obama’s statement, simultaneously meant to reassure Tokyo and threaten Beijing, made clear that the U.S. will go to war against China if the territorial dispute erupts into conflict.  The Senkaku/Diaoyu Islands are not a vital U.S. interest. The dispute over them between Japan and China has nothing to do with Americans. But Obama just promised the world he’ll go to war over a bunch of rocks in the East China Sea, if he has to.”

http://antiwar.com/blog/2014/04/24/obama-we-will-go-to-war-for-other-nations-petty-territorial-disputes/

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Bill Bonner: Send Our Troops to Ukraine?

Bill-Bonner2

“Coming off successes in Iraq and Afghanistan, it makes sense that the US should send troops to Ukraine, no?  When we first read this in the Washington Post, we thought it might be a late April Fools’ Day joke. Then we discovered the writer was sincere about it; apparently, James Jeffrey is a fool all year round.  The US has a global empire, supported by an unprecedented mountain of debt. All bubbles need to find their pins. And all empires need to blow themselves up. What Jeffrey is proposing is to speed up the process with more reckless troop deployments.  We’re with him all the way…  Push ol’ Humpty Dumpty off the wall and get it over with.”

http://www.bonnerandpartners.com/send-our-troops-to-ukraine/

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Evidence That Consolidated Global Power Is Wielded by a Tiny Elite

the-daily-bell-top-logo61

“For the past 12 years an elite cell at the US Treasury has been sharpening the tools of economic warfare, designing ways to bring almost any country to its knees without firing a shot. The strategy relies on hegemonic control over the global banking system, buttressed by a network of allies and the reluctant acquiescence of neutral states. Let us call this the Manhattan Project of the early 21st century. The stealth weapon is a ‘scarlet letter’, devised under Section 311 of the US Patriot Act. Once a bank is tainted in this way – accused of money-laundering or underwriting terrorist activities, a suitably loose offence – it becomes radioactive, caught in the ‘boa constrictor’s lethal embrace’.”

http://www.thedailybell.com/news-analysis/35220/More-Evidence-That-Consolidated-Global-Power-Is-Wielded-by-a-Tiny-Elite/

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The Decline of the Petrodollar

“The most interesting part of all of this isn’t what Russia is doing … it’s how America is responding.  The White House and many of our Senators have gone into panic mode. They’re anxiously trying to block the Iranian transaction by threatening — yes, as ignorant as it is — more sanctions. Recent headlines also report that ‘U.S. has conveyed concerns to Iranian government through all channels.’  Why is that?  Why would the U.S. care about an oil trade that represents just 0.5% of all the oil that’s consumed in a given day?  Because it exposes America’s single greatest weakness — a weakness that, if truly exploited, would bring down our country.”

http://thesovereigninvestor.com/2014/04/10/decline-petrodollar/

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The Next Best Thing

“The Chinese have already forged agreements amongst the BRICS and the ASEAN nations to use the yuan as the currency of trade, with countries such as Australia, New Zealand, and the UK agreeing to trade in the yuan in future.  It may well be that China intends to sew up the world with yuan agreements, with the US as the last man standing, then pull the plug by simply by refusing outright to accept any further US debt of any kind. At that point, the US would be isolated and, in order to trade, would be forced to cave to the yuan as the currency of world trade.  If this were to take place, the remaining question would be whether the dollar would remain as the US currency.”

http://www.internationalman.com/articles/the-next-best-thing

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Ron Paul: Billion-Dollar Ukraine Aid Bill Is a Bad Deal For All

Ron Paul

“If you think this is the last time US citizens will have their money sent to Ukraine, you should think again. This is only the beginning.  This $1 billion for Ukraine is a rip-off for the America taxpayer, but it is also a bad deal for Ukrainians. Not a single needy Ukrainian will see a penny of this money, as it will be used to bail out international banks who hold Ukrainian government debt. According to the terms of the International Monetary Fund (IMF)-designed plan for Ukraine, life is about to get much more difficult for average Ukrainians. The government will freeze some wage increases, significantly raise taxes and increase energy prices by a considerable margin.”

http://www.thedailybell.com/editorials/35164/Ron-Paul-Aid-to-Ukraine-Is-a-Bad-Deal-For-All/

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Why Turkey Was Planning a False Flag Operation in Syria

“It was stunning to hear the highest-ranking Turks casually discussing how to provoke a false flag incident that would justify a large military intervention in Syria.  This is a big deal because Turkish troops in Syria opens the door to NATO troops in Syria, which drastically expands the conflict.  As someone who has spent a number of years living and working in the Middle East, and having been to Syria multiple times, I was encouraged by my colleagues at Casey Research to share my perspective on this.  In case you didn’t know, a false flag is an incident that is designed to deceive people into thinking it was actually carried out by someone else.”

http://www.internationalman.com/articles/why-turkey-was-planning-a-false-flag-operation-in-syria

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Paulson claimed Russia ‘planned Wall Street bear raid’ in 2008

“For me this is pretty jaw-dropping stuff – the Chinese told Hank Paulson that the Russians were suggesting a joint pact with China to drive down the price of the debt of Fannie and Freddie, and maximize the turmoil on Wall Street – presumably with a view to maximizing the cost of the rescue for Washington and further damaging its financial health.  Paulson says this guerrilla skirmish in markets by the Russians and Chinese didn’t happen.  But this kind of intelligence from China on Russian desire and willingness to embarrass the US in a financial sense may help to explain – in a small way – why President Obama shows little desire to understand Crimea as seen by Mr Putin.”

http://www.bbc.com/news/business-26609548

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Putin spokesman: S&P’s downgrade of Russia’s rating was directive

“Russian President Vladimir Putin’s spokesman Dmitry Peskov has said the downgrade of Russia’s rating outlook by the Standard & Poor’s ratings agency was due to a directive rather than objective circumstances.  The downgrade decision ‘was clearly directive, not objective,’ Peskov told journalists Friday, adding that such forecasts reduce the degree of credibility of such agencies.  On March 20, S&P said it revised its outlook on the Russian Federation to negative from stable.  Fitch Ratings on Thursday revised the outlook on Russia’s long-term foreign and local currency Issuer Default Ratings (IDR) to negative from stable and affirmed the IDRs at ‘BBB’.”

http://en.itar-tass.com/world/724878

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Putin eyes a Russian credit card system after Western sanctions

“President Vladimir Putin on Thursday said Russia should create its own national payment settlement system, in a bid to reduce economic dependence on the West amid the controversy over Moscow’s seizure of Crimea.  In countries such as Japan and China these systems work, and work very well,’ Putin told lawmakers in televised remarks.  Initially, they started out solely as national systems limited to their own markets, their own territory, their own population but they are becoming more popular right now.’  ‘Why should we not do it? We should definitely do it and we will do it,’ he said, noting that Russia’s Central Bank and the government have been looking into the matter.”

http://news.yahoo.com/russia-create-own-national-payment-system-ptuin-says-000217707.html

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