Tuesday, May 31, 2016

Is Obama’s Entire Foreign Policy Going Down In Flames?

As the veil is ripped away from Obama's arming and financing of CIA/ISIS Pentagon and DOD now evacuate McCain's Syrian mercs to Libya in order to justify U.S. invasion, seizure of oil fields  

By Eric Zuesse

On May 19th, the Washington Post headlined "Agreement that could lead to US troops in Libya could be reached ‘any day’," and reported that Joseph F Dunford, Chairman of the US Joint Chiefs of Staff, said that US troops will be sent to Libya to fight against ISIS, and that, "there will be a long-term mission in Libya," in order to deal with the mushrooming presence of ISIS fighters who have come to Libya after the secularist leader of Libya, Muammar Gaddafi, was overthrown there by US bombing backed up by other NATO forces, and some Libyans on the ground.

Uncle Muammar found out the hard way just
what it meant to be "friends" with Obama
"There is interest among some NATO nations in participating in the mission, Dunford said, but the specifics of who and what would be involved remain unclear. The operation will likely focus on training and equipping militias that pledge loyalty to Prime Minister Fayez Sarraj, the leader of the new Libyan Government of National Accord (GNA)," which "has not yet been accepted by either existing rival government in Libya." In other words: the US and its allies had produced a failed state and a festering jihadist breeding-ground where US troops now will be sent in order to re-establish the peace and prosperity that it had destroyed there. 

They’ll do this by participating in Libya’s civil war – trying to dictate whom Libya’s leader will be.

So, on the Libyan matter, America’s Secretary of State, Hillary Clinton’s, famous victory statement, "We came, we saw, he died. Ha, ha!!" turns out to have been more the start of a US defeat in an unprovoked invasion, than the start of a US victory against any authentic provocation by ‘the enemy.' 

Abject failures: Obama and Bush
Obama’s current plan to turn his defeat into victory there has no more reason to succeed than his predecessor, George W Bush’s plan to do likewise in Iraq did after he had, on 1 May 2003, declared victory there, aboard the warship USS Abraham Lincoln. Then, his famous 2007 "troop surge in Iraq" utterly failed to produce peace and to end the sectarian war the US and its allies had generated by their thoroughly counter-productive and shameful invasion against a nation that (like Libya) hadn’t invaded nor threatened to invade the United States – nor its allies. 

There, as in Syria, too, America’s aggression produced only mass death and misery – and trillions of dollars in US federal debt, which hasn’t yet resulted from America’s invasions of Libya and Syria, but might. And, of course, millions of refugees.


Two days prior, on May 17th, US Secretary of State John Kerry and Russian Foreign Minister Sergey Lavrov held a joint press conference, in which the Obama Administration’s longstanding bottom-line demand, that "Assad must go" before any peace negotiations can start in Syria, was finally and totally abandoned by Kerry, when he said that "all of the parties" (including now the United States, which formerly had refused to join with Russia and Iran on this) "have agreed on a basic framework, which is a united Syria, nonsectarian, that is able to choose its future through a transitional governing body which is, in effect, the implementation of the Geneva process." 

Previously, the Obama regime had demanded that Assad step down before there can be any negotiations, and UN Secretary General Ban Ki-moon had repeatedly condemned that stand against democracy in Syria, by asserting that "the future of Assad must be determined by the Syrian people," and "it is up to the Syrian people who have to decide the future of President Assad." 

As I previously reported, the reason why Obama had been standing firm on removal of Assad prior to any political process was that even Western polling firms have been finding that Assad’s remaining as Syria’s leader is supported by 55% of Syrians, and that the US is blamed by 82% of Syrians as being the source of Syria’s civil war: "82% agree ‘IS [Islamic State] is US and foreign made group’." In other words: Syrians, the most secular, the most anti-theocratic, people in the entire Middle East, blame people such as John Brennan as the source of their miseries. This same poll found that "79% agree ‘Foreign fighters made war worse’." It also found "70% agree ‘Oppose division of country’."

In other words, it was Obama who had been standing in the way of a democratic solution to the question of whom the leader of Syria would be – Obama knows that any democratic national election of Syria’s leader will produce the same leader that now heads Syria’s government: the only non-sectarian head-of-state still remaining anywhere in the Arab world. (Assad is a non-sectarian Shiite, and the few Syrians who want him overthrown are the most-fundamentalistic of Syria’s Sunnis.) 

And, as Robert F Kennedy Jr. and other honest historians also have noted, the US CIA has been trying ever since 1949 to overthrow Syria’s non-sectarian governments in order to become allowed by a fundamentalist-Sunni regime to build through Syria "the Trans-Arabian Pipeline, an American project intended to connect the oil fields of Saudi Arabia to the ports of Lebanon via Syria."

The ultimate intended destination of that oil and gas has been Europe, the world’s largest oil-and-gas market, so as to choke off Russia’s main export market, and transfer that business from the USSR and now from just Russia, to the American aristocracy and its allied aristocracies in Saudi Arabia, Qatar, and UAE. (Those Arabic oil royal families, especially the Sauds, are the main funders of jihadist groups such as al-Qaeda and ISIS, but now with the added help of their fellow fundamentalist Sunni Tayyip Erdogan of Turkey, ISIS’s main funding comes from selling the stolen oil from Syria and Iraq.) 

As RFK Jr. described the proposed pipeline, it "would have linked Qatar directly to European energy markets via distribution terminals in Turkey which would pocket rich transit fees. The Qatar/Turkey pipeline would have given the Sunni Kingdoms of the Persian Gulf decisive domination of world natural gas markets and strengthen Qatar, America’s closest ally in the Arab world. Qatar hosts two massive American military bases and the US Central Command’s Mid-East headquarters."

Furthermore, as Seymour Hersh and others have reported, the Obama regime has been strongly backing and arming al-Qaeda in Syria, which is called al-Nusra there, and Obama thus had long insisted that Russia not be allowed to include al-Nusra along with ISIS as targets to be bombed by Russia in Syria while the peace talks go on, but Russia refused to allow the US to protect al-Nusra, as if that group were anything other than jihadist, and so the only way that Obama could allow these talks to take place was by accepting Russia’s condition, that al-Qaeda was beyond the pale, just like ISIS. 

Otherwise, Russia would not negotiate terms for a cessation of hostilities there.

So, when Kerry in that press conference on May 17th said, "we call on all parties to the cessation of hostilities to disassociate themselves physically and politically from Daesh and al-Nusrah," this inclusion of al-Nusra along with Daesh constituted a major concession to Russia.

Finally, Kerry made another major concession to Russia there by saying that "we pledged our support for transforming the cessation of hostilities into a comprehensive ceasefire." This is actually the last shoe to drop, because it means that the Obama regime is now fully committed to ending the invasion of Syria by means of a political process, instead of by means of a conquest. The US aristocracy now accept that the dream of transporting the oil and gas from the Saud family’s Saudi Arabia, and from the Thani family’s Qatar, through Syria, into the EU, cannot be achieved, at least in the short term.

Only one American reporter, from the New York Times, was given the opportunity to ask a question at the end of this joint press conference, and he seemed quite hostile toward Kerry. He said: "It appears you have less leverage over President Assad now than you did when the Vienna agreement was reached at the end of October. If anything, thanks to the intervention of Mr Lavrov’s government, Mr Assad seems to feel now more secure than he did eight months ago." Kerry gave a defensive, anti-Russian, answer, to satisfy the reporter. They just don’t let up, but Obama now is no longer going along with the effort; he now accepts that the Syrian people, democracy, will decide Syria’s leader.


On Tuesday May 17th The Hill bannered "Senate passes bill allowing 9/11 victims to sue Saudi Arabia," and reported that, "The Senate on Tuesday approved legislation that would allow victims of the 9/11 terror attacks to sue Saudi Arabia, defying vocal opposition from the White House. The upper chamber approved the Justice Against Sponsors of Terrorism Act by unanimous consent."

As I had reported a month earlier: "Saudi Arabia, owned by the Saud family are telling the US Government, they’ll wreck the US economy, if a bill in the Congress that would remove the unique and exclusive immunity the royal owners of that country enjoy in the United States, against their being prosecuted for their having financed the 9/11 attacks, passes in Congress, and becomes US law."

Obama bowing to Saudi despot masters

Obama demanded that the bill to lift the immunity of the Saud family not be passed and he said he’d veto it if it comes to his desk. But, as it turns out, the Sauds might not even have the capability any longer to retaliate in the way they’re threatening to.

On May 18th, Mish Shedlock headlined "Saudi Arabia Delays Payment to Contractors, Considers IOUs: Liquidity Crunch at Best," and he reported that, "Saudi Arabia burnt through its reserves faster than anyone thought. In signs of a huge liquidity crunch, at best, the country has delayed paying contractors and now considers paying them in IOUs and tradable bonds. In retrospect, the Saudi threat to dump US assets looks more ridiculous than ever."

Putin and the RFAF will have the final say in Syria as they continue to decimate Obama's CIA/ISIS thugs

The US Congress is about to call the bluff of the Saud family and of President Obama. That would throw another huge monkey-wrench into the effort to overthrow Assad, whom the Sauds hate, and whose overthrow they’ve spent huge sums to finance. From yet another standpoint, the Sauds and Obama are losing.

This news bureau contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc.  We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.

Sunday, May 29, 2016

WAYNE MADSEN: Uncle Sam's Support For Terrorism Laid Bare

Putin and the RFAF have decimated Obama's CIA/ISIS, the tattered remnants now being evacuated to Libya to provide an excuse for another U.S./UK invasion  

By Wayne Madsen

The McClatchy news service scoop that Labib al-Nahhas, the Syrian foreign affairs director of al-Qaeda’s ally Ahrar ash-Sham, visited Washington, DC in December 2015 should have created a huge political stir in a presidential election year.

However, the fact that the Obama administration has been consorting with terrorist allies of al-Qaeda and the Islamic State in Syria, Iraq, Yemen, Libya, and other countries has received little to no coverage in the American media. 

More astoundingly, Ahrar ash-Sham, which, along with the al-Nusra Front massacred 19 Alawite Muslims in the Syrian village of Zara in May, is not designated a terrorist group by the US State Department. 

The simple fact is that from CIA director John Brennan to national security adviser Susan Rice and US Central Command chief General Joseph Votel to Senate Armed Services Committee chairman Senator John McCain, the Obama administration and the Republicans who control Congress have consorted with Islamist terrorists. 

These groups have included those who have executed Americans and who help finance and plan terrorist attacks against civilians around the world. 

The visit of al-Nahhas to Washington follows a long tradition of the US government consorting with Sunni Mujahideen (called the "mum" by their CIA overseers), jihadists, and Salafists starting with the support for Muslim insurgents in Afghanistan and continuing with the provision of military training and weapons to Sunni Arab guerrillas in Iraq.

Votel, who paid a May visit to northern Syria, is not the first US official who entered Syria for a "get acquainted with" session with US-armed jihadist rebels, which was disguised as a "fact-finding mission." 

Votel with Obama

In May 2013, Senator McCain entered northern Syria and met with a man who strongly resembles Islamic State of Iraq and the Levant (ISIL) leader Abu Bakr al-Baghdadi. 

The more McCain’s staff and his neo-conservative apologists tried to claim the man was not al-Baghdadi but an unidentified commander of the Northern Storm Brigade, a group linked to the practically non-existent Free Syrian Army, the more McCain’s and the neocons’ lies became apparent. Reports from Damascus, Baghdad, Tehran, and Hezbollah’s media outlets in Beirut all confirmed that the CIA, along with the Israel Defense Force, were actively providing weapons, training, and logistics support to ISIL and allies units in Syria and western Iraq.

Ever since President Jimmy Carter’s fervently anti-Russian and extreme nationalist Polish national security adviser Zbigniew Brzezinski began training and arming the most radical jihadist Sunni Pashtun and Arab fighters he could find to fight the Soviet army in Afghanistan, the CIA and Pentagon have maintained a problematic relationship with Islamist radicalism. The CIA’s own widely-used term, "blowback," is the only word that can adequately describe what Brzezinski’s decision has cost the United States and the civilized world.

The CIA’s recruitment of jihadist fighters from across the Middle East was so rampant in 1980s that Michael Springmann, the US Vice Consul in Jeddah, reported that he was ordered by resident CIA officers at the consulate to grant US visas to individuals who Springmann said were jihadist recruits of Osama bin Laden. During the CIA’s military operations in Afghanistan, Bin Laden was a trusted and much-valued US ally. For blowing the whistle on the visas for al-Qaeda, Springmann was fired by the State Department.

A December 1986 formerly Secret CIA report concluded that "well-educated" and "urban" Muslim fundamentalists were the best ranks from which to recruit a "charismatic leader" capable of galvanizing "an untapped pool of potential fundamentalists" from "the lower classes." Whether in Afghanistan in the 1980s or Syria today, the CIA and its Pentagon cohorts have followed the 1986 CIA template with regard to Bin Laden and Al-Baghdadi. These are but a few disgraceful examples of Brzezinski’s, Henry Kissinger’s, and current CIA director John Brennan’s "realpolitik" in the conduct of American foreign policy for almost four decades.

The CIA report also stated that in 1986, with most Syrians "benefitting" from the rule of the Assad family, "radical fundamentalism" was "unlikely to gain a strong foothold in Syria." The US support for the "Arab Spring" in Syria changed all that and the destabilization of Syria by mostly foreign agitators saw a consequential erosion of popular support for the Syrian government, especially among Sunni tribes close to the porous border with Iraq.

By 1986, some Islamist radicals that were recruited to participate in the "jihad" against the Soviet Union in Afghanistan had committed their fair share of what the Pentagon calls "collateral damage," This included the 1981 assassination of Egyptian President Anwar Sadat and early signs of trouble in Egypt, Jordan, Tunisia, and Pakistan with recently-returned jihadists from Afghanistan clashing with police in street demonstrations held in Cairo, Amman, Tunis, and various Pakistani cities.

Financial problems caused by Western bankers at the International Monetary Fund, World Bank, and the investment firms of Wall Street and the City of London brought on the initial stages of social upheaval in the Arab world. Thirty percent of Jordan’s trained engineers and one-third of its medical doctors were unemployed. Rent-controlled apartments became scarce in Cairo, with only the wealthy able to afford to rent, let alone buy, a home. A breakdown in public services resulted in raw sewage flowing in the streets of Alexandria. Public transportation woes included overcrowded buses and inoperable trains. The danger of collapsing residential buildings in Algiers put 6000 people in mortal jeopardy. There is little wonder, therefore, that 90 percent of the jihadists in the 1980s were in their twenties and thirties. Fighting in a far-away battlefield was preferable to living in a slum.

These ready-made recruits were valuable fodder for the CIA in the war in Afghanistan. For the CIA, it also made sense to curry favor with and keep lines of communications open with fundamentalist groups like the Muslim Brotherhood, which the CIA sold to the American people and an international audience as "moderate" fundamentalists. Today, the CIA and Pentagon have done the same with regard to the jihadists in Syria. Some fundamentalists, like the terrorist Ahrar ash-Sham "foreign minister" al-Nahhas, are called "moderates."

One thing should be clear: there are no "moderate" Sunni jihadists, whether in Syria, Iraq, Libya, or Yemen today or Afghanistan and Pakistan in the 1980s. While there are moderate fundamentalist Shias, Ibadis, Ismailis, Zaidis, Ahmadis, Alevis, Sufis, Akhbaris, and Alawites in Islam, moderate Sunni fundamentalists, thanks to Saudi Wahhabist influence around the world, are as rare as hen’s teeth. Wahhabism and its Salafist tenets have resulted in only two choices in the Sunni world: jihadism or secularism. Baathist or pan-Arab socialism, which the US has all-but-destroyed in the Arab world, placed secularism over Islam. 

Hand in hand supporting terrorism: The Saudis and Obama

There has been no other similar movement to fill the vacuum, especially in Syria, Iraq, and Libya. In any case, the CIA was never interested in "moderate" Sunni fundamentalists. The fools who ran and continue to run America’s intelligence community wanted only those Sunni recruits who were willing to die in battle or commit suicide for their jihad, whether in Afghanistan, Iraq, Syria, or Libya. Unfortunately, for the civilized world, these jihadists went on to die for their jihad in places like Paris, Brussels, London, San Bernardino, Boston, Istanbul, Moscow, Ottawa, and Madrid.

Jihadist terrorists should pay for their crimes against humanity. But so should those whose policies enabled the rise of jihadist terrorists and trials for aiding and abetting terrorism for Messrs Brzezinski, Brennan, McCain, and Mmes Rice (Susan and Condoleezza), Madeleine Albright, Samantha Power, and Hillary Clinton should be seriously considered.

Wayne Madsen

Wayne Madsen
Investigative journalist, author and syndicated columnist, Madsen has over twenty years experience in security issues. 

As a U.S. Naval Officer, he managed one of the first computer security programs for the U.S. Navy. Madsen has been a frequent political and national security commentator on Fox News and has also appeared on ABC, NBC, CBS, PBS, CNN, BBC and MS-NBC. He has been invited to testify as a witness before the US House of Representatives, the UN Criminal Tribunal for Rwanda, and an terrorism investigation panel of the French government. A member of the Society of Professional Journalists (SPJ) and the National Press Club, Madsen is based and reports from Washington, D.C.

Saturday, May 28, 2016

Greek Debt Negotiations – Troika And IMF Outmaneuver Syriza Again

Merkel, Lagarde, Juncker continue to pick the bone of Greece clean as traitor Tsipras reaps the rewards of collusion again while spouting bogus term "austerity" which is simply a code word for outright theft       

By Jack Rasmus

This past week the Greek Parliament voted by a narrow margin of 153 to 145 to impose even more austerity on its people — thus implementing the latest austerity demands by the Eurozone Troika required for the Troika’s release of loans earmarked for Greece last August 2015.

The continuing saga of Merkel and Tsipras
Earlier this year the Troika signaled to Greece, if it wanted to receive its next tranche of loans needed to make a scheduled payment of 3.5 billion euros to the ECB this July, Greece would have to toughen its austerity program still further. The Syriza government complied, and cut pensions and raised income taxes beyond what it had even originally agreed to last August.

Greek Government’s Latest Austerity Measures

In its May 22, 2016 decision last week, the Greek government then added still more austerity. 

That vote raised the sales (VAT) tax to 24 percent, imposed higher taxes on coffee, alcohol and gas, revised the privatization program to accelerate the sale of publicly owned transport, electricity, water and port systems, added finances to cover Greek banks’ growing backlog of non-performing business loans, and added contingency measures to cut government spending even further over the next three years should Greece miss the austerity targets imposed by the Troika last August 2015.

Prime Minister, Alexis Tsipras’ public response in the wake of still further austerity was “Greece is keeping its promises, now it’s their (Troika) turn to do the same”. But what promises? And to whom?

Tsipras get's an atta-boy from Papa Juncker

The past six years of Troika debt deals and austerity demands shows clearly that whenever the Troika has agreed to terms of lending to Greece in exchange for more austerity from it, the deal is never really closed. The Troika keeps demanding even more austerity, with nearly every quarterly review of Greece’s austerity compliance, before releasing just enough of the loans for Greece to repay the Troika for prior loans. The Troika dribbles out the loans and then squeezes Greece for still more austerity. That has been the Troika’s practice ever since the three major Troika Greek debt restructuring deals of May 2010, March 2012, and August 2015.

Greece’s Unsustainable Debt Load

By latest estimates total Greek debt is 384 billion euros, or US$440 billion. That’s approaching nearly twice the size of Greece’s annual GDP. A decade ago, in 2007-08 before the global crash, Greek debt was roughly half of what it is today, in terms of both total debt and as a percent of GDP. 

Greek debt was actually less than a number of Eurozone economies. 

So Greece’s debt has been primarily caused by the 2008-09 crash, Greece’s six year long economic depression followed, the extreme austerity measures imposed on it by the Troika during this period which has been the primary cause of its long depression, and the Troika’s piling of debt on Greece to repay previously owed debt.

Contrary to European media spin, it’s not been rising Greek wages or excessive government spending that has caused the US$440 billion in Greek debt. 

Since 2009 Greek annual wages have fallen from 23,580 to less than 18,000 euros. Government spending has fallen from 118 billion euros to 82 billion.

Bankers and Investors Get 95 percent of all Debt Payments

Who then has benefited from the escalation of Greek debt? To whom are the payments on the debt ultimately going? To Euro bankers and to the Troika, which then passes it on to the bankers and investors, the ultimate beneficiaries.

As a recent in depth study by the European School of Management and Technology, ‘Where Did the Greek Bailout Money Go?, revealed in impeccably researched detail, Greek debt payments ultimately go to Euro bankers. 

For example, of the 216 billion euros, or US$248 billion, in loans provided to Greece by the Troika in just the first two debt deals of May 2010 and March 2012, 64 percent (139 billion euros) was interest paid to banks on existing debt; 17 percent (37 billion euros) to Greek banks (to replace money being taken out by wealthy Greeks and businesses and sent to northern Europe banks), and 14 percent (29 billion euros) to pay off hedge funds and private bankers in the 2012 deal. Per the study, less than 5 percent of the 216 billion euros went to Greece to spend on its own economy. As the study’s authors concluded, “ the vast majority (more than 95 percent) went to existing creditors in the form of debt repayments and interest payments”. And that’s just the 2010 and 2012 Troika deals. Last August’s third deal is no doubt adding more to the totals.

The IMF: Pro-Greece or Pro-IMF?

Recognizing the impossibility of Greece ever being able to repay the debt, the IMF — a member of the Troika — has recently broken ranks with its Troika partners and has recommended the Troika provide debt relief to Greece. The Syriza government is no doubt betting on the IMF being able to convince the rest of the Troika to agree to debt relief. But in so doing, it is making the same error it made in last year’s 2015 debt negotiations: it is depending on the assistance of one wing of the Troika to convince the others to give Greece a break. Last year it was Syriza’s strategy to leverage certain liberal members of the EC and the Eurozone’s finance ministers group on its behalf. That failed. German ministers and bankers demanding more austerity prevailed last August 2015 over the “soft” or liberal elements in the EC and among the Eurozone’s finance ministers group. Syriza is now betting on the IMF, and proving its willingness to continue with austerity in the interim, to show it is “keeping its promises” to enforce austerity. But that similar strategy will fail as well.

Once more, Lagarde fucks the Greek people
The IMF’s proposal for debt relief for Greece, in its just released “Country Report 16/130,” proposes to extend the current Greek loans by 14-30 years more beyond current 2040 expiration dates; to introduce “grace periods” during which payments may be suspended; and reduce interest rates on the loans to a fixed 1.5 percent instead of variable rates much higher. However, data show that results in no debt relief in real terms at all.

Instead of forcing Greece to generate a budget surplus of 3.5 percent a year, out of which to repay the loans and achieved by means of severe austerity, the IMF also proposes to reduce the annual budget surplus to 1.5 percent. 

That would reduce Greece’s debt from 200 percent of GDP to “only” 127 percent… by 2040. Even that nominal debt reduction would fail, per the IMF, if Greece’s GDP grew at only 1 percent. It’s been declining at -5 percent and more for the past six years, so even 1 percent is highly unlikely. If Greece’s growth is 1 percent or less, then the IMF admits the other European states will have to add still more debt piled on Greece in order for it to repay the old debt. In short, the IMF version of ‘debt relief’ for Greece has little chance of economic relief for Greece. Nor does it mean any reasonable change in austerity for Greece. Things will get worse, just perhaps worse not as fast as in recent years.

What’s behind the IMF’s Shift?

The IMF is no friend of Greece. What are its possible motives for breaking ranks with the ultra-conservative elements in the Troika — led by Germany and its northern Europe banker allies in the Netherlands and elsewhere?

First, the IMF sees rising demands for its bailout funding on the horizon, not only in the Ukraine but in emerging market economies in the near future. Second, the IMF is feeling the heat from other IMF members in those economies demanding no more special debt considerations for Greece. Looming large on the horizon is also the possibility of the UK exiting the European Union, and elections in June as well in Spain. As secret discussions within the IMF in March exposed by “WikiLeaks” revealed, the IMF is concerned a re-emergence of Greek resistance to the Troika, concurrent with a possible Brexit vote and Spain elections, might converge into an economic ‘perfect storm’ this summer. The IMF wants the Troika to get in front of the curve with Greece before it escalates. Dampen the resistance before it begins by making concessions to Greece now, that won’t take effect for years to come, could be behind the IMF’s move.

CNN's frauds and hacks once again spew propaganda for Merkel and the IMF, screwing Greek pensioners and the poor for their corporate masters

Most likely, however, is that the IMF is maneuvering with the rest of the Troika to work a compromise whereby the Troika will buy the IMF out of the Greek debt negotiations. That would mean restructure the Greek debt, to pay off the IMF’s 14.6 billion euros share of the 384 billion euro Greek debt.

That has some appeal to the hardliners in the Troika. However, Germany is demanding that there be no debt relief for Greece before 2018. It is looking at German elections in 2017. So what is most likely is a compromise, resulting in a phasing out of IMF commitment and a phasing in of Greek debt relief that starts only in 2018 after German elections. It appears that’s exactly what the Troika may have decided in its May 24 most recent meeting in Brussels.

What all that means for Greece, however, is not only likely more of the same austerity, but perhaps even an intensification of austerity between now and 2018 —as the German-led conservatives within the Troika demand even more austerity now in exchange for the possibility of debt relief after 2018.

This news bureau contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc.  We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.



The real truth on 9/11 slowly continues to bleed out

Technical experts are mounting major challenges to official U.S. government accounts of how three World Trade Center skyscrapers collapsed in near-freefall after the 9/11 attacks 15 years ago.

Many researchers are focusing especially on the little-known collapse of



The Geopolitics Of The United States, Part 1: The Inevitable Empire

The Empire and the inevitable fall of the Obama criminal regime

STRATFOR Editor’s Note: This installment on the United States, presented in two parts, is the 16th in a series of STRATFOR monographs on the geopolitics of countries influential in world affairs.

Like nearly all of the peoples of North and South America, most Americans are not originally from the territory that became the United States.



Geopolitics Of The United States Part 2: American Identity And The Threats of Tomorrow

A look back at 2011 predictions for the future in order to put events of today into perspective

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We have already discussed in the first part of this analysis how the American geography dooms whoever controls the territory to being a global power, but there are a number of other outcomes that shape what that power will be like. The first and most critical is the impact of that geography on the American mindset.



By Robert S. Finnegan

This e-mail outlines and confirms the acts of espionage against Indonesia and Indonesians by Akiko Makino and the others involved both in Kobe University and in AI Lab at University of Airlangga, Surabaya; Bahasa Indonesia original follows English translation...



UPDATED 01/07/2015 : New Analysis Challenges Tamiflu Efficacy; Hong Kong Corona Virus Outbreak


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Obama criminals now resulting to biowarfare in quest to destroy Chinese and ASEAN economy; "novel virus substrain" points directly to a Kawaoka / Fouchier / Ernala-Ginting Kobe lab virus weaponized and genetically altered to specifically target and infect the Asian population: Ribavirin...



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The 5th Estate has just purchased a library on H5N1 "Novel" virus pandemics, there are dozens of PDF and Exel documents we feel will assist you in saving lives following intentional releases of the H5N1 and now MERS viruses; we will begin by printing those that appear to be extremely relevant here: H5N1 Kobe-Kawaoka-Ernala series continues soon with more "Smoking Gun" e-mails from Teridah Ernala to The 5th Estate . . .



By Robert S. Finnegan

On October 12, 2002 the Indonesian island of Bali experienced a terrorist attack that rocked the world. It was unquestionably well-coordinated and executed, the largest in the country's history.