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Greek media reports Tsipras asked Putin for $10 billion to 'print drachmas'

Back in January, when we reported what the very first official act of open European defiance by the then-brand new Greek prime minister Tsipras was (as a reminder it was his visit of a local rifle range where Nazis executed 200 Greeks on May 1, 1944) we noted that this was the start of a clear Greek pivot away from Europe and toward Russia.

We further commented on many of the things that have since come to pass:
Europe, for one, will be most displeased that Greece has decided to put its people first in the chain of priority over offshore bidders of Greek assets. Most displeased, especially since the liquidation sale of Greece is part of the Greek bailout agreement: an agreement which as the Troika has repeatedly stated, is not up for renegotiation.
But most importantly, even back then we explicitly said that in order for Greece to preserve its leverage (something it found out the hard way it did not have 6 months later), it would need a Plan B, one that involves an alternative source of funds, i.e., Russia and/or China, which could be the source of the much needed interim cash Greece needs as it prints its own currency and prepares for life outside the European prison.
The Germans were not happy: A German central banker warned of dire problems should the new government call the country's aid program into question, jeopardizing funding for the banks. "That would have fatal consequences for Greece's financial system. Greek banks would then lose their access to central bank money," Bundesbank board member Joachim Nagel told Handelsblatt newspaper.

Well, maybe.... Unless of course Greece finds a new, alternative source of funding, one that has nothing to do with the establishmentarian IMF, whose "bailouts" are merely a smokescreen to implement pro-western policies and to allow the rapid liquidation of any "bailed out" society... Which naturally means that now Russia (and China) are set to become critical allies for Greece, which would immediately explain the logical pivot toward Moscow.

Comment: Whew, what a can of worms Greece is. Sadly the Greek people are pawns on the grand chessboard.


Heart - Black

Why we are not surprised? Taxpayers' money misspending at Israel PM Netanyahu's residences probed

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© Amir Cohen / Reuters
Israeli Prime Minister Benjamin Netanyahu and his wife Sara.
Israel's attorney general has announced a criminal investigation into alleged misconduct at the residences of Prime Minister Benjamin Netanyahu. A senior staffer in his office is reportedly suspected of corruption.

Yehuda Weinstein agreed on Monday to follow the recommendations of the state auditor and launch criminal investigation into numerous allegations of misconduct at the PM's residences, he said in a statement.

The Justice Ministry said that "due to nature of the investigation, we will not be able to expand on past and current investigative actions, and will not expand on the identity of the people who are set to be questioned in the framework of the upcoming investigation."

The decision comes a month after police made the request. It followed months of investigation into alleged corruption in the Netanyahu household, which first surfaced during his electoral run for fourth tenure as Israeli leader.

Comment: Interesting, how many around Bibi and Sarah are suspect of a criminal conduct, but they are somehow not involved.


Stock Down

Four things happening today that indicate a deflationary financial collapse is imminent

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When financial markets crash, they do not do so in a vacuum. There are always patterns, signs and indicators that tell us that something is about to happen. In this article, I am going to share with you four patterns that are happening right now that also happened just prior to the great financial crisis of 2008.

These four signs are very strong evidence that a deflationary financial collapse is right around the corner. Instead of the hyperinflationary crisis that so many have warned about, what we are about to experience is a collapse in asset prices, a massive credit crunch and a brief period of absolutely crippling deflation. The response by national governments and global central banks to this horrific financial crisis will cause tremendous inflation down the road, but that comes later. What comes first is a crisis that will initially look a lot like 2008, but will ultimately prove to be much worse. The following are 4 things that are happening right now that indicate that a deflationary financial collapse is imminent...

Comment: Fasten your seat belts, we are in for a wild ride to who knows where.


Eagle

Fmr. NATO Commander Wesley Clark calls for internment camps 'to deal with radicals' in the US and Europe

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First we practice 'FEMA camps' abroad on 'lesser peoples', then we try it out 'back home'
Retired US General Wesley Clark recently appeared as a guest on Thomas Roberts' MSNBC show to discuss last week's senseless shootings at military recruitment centers in Tennessee.

Have a listen to what Clark said when asked by Thomas about what to do with 'all these radicals':


Footprints

History repeats with MH17 - U.S. justification for war and anti-Russian propaganda

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Russian-made Buk anti-missile battery
In 1964, the Tonkin Gulf incident was used to justify the Vietnam War although U.S. intelligence quickly knew the facts were not what the U.S. government claimed. Now, the MH-17 case is being exploited to justify a new Cold War as U.S. intelligence again is silent about what it knows, writes Robert Parry.

One year ago, the world experienced what could become the Tonkin Gulf incident of World War III, the shoot-down of Malaysia Airlines Flight 17 over eastern Ukraine. As with the dubious naval clash off the coast of North Vietnam in 1964, which helped launch the Vietnam War, U.S. officials quickly seized on the MH-17 crash for its emotional and propaganda appeal - and used it to ratchet up tensions against Russia.

Shocked at the thought of 298 innocent people plunging to their deaths from 33,000 feet last July 17, the world recoiled in horror, a fury that was then focused on Russian President Vladimir Putin. With Putin's face emblazoned on magazine covers, the European Union got in line behind the U.S.-backed coup regime in Ukraine and endorsed economic sanctions to punish Russia.

In the year that has followed, the U.S. government has continued to escalate tensions with Russia, supporting the Ukrainian regime in its brutal "anti-terrorism operation" that has slaughtered thousands of ethnic Russians in eastern Ukraine. The authorities in Kiev have even dispatched neo-Nazi and ultranationalist militias, supported by jihadists called "brothers" of the Islamic State, to act as the tip of the spear. [See Consortiumnews.com's "Ukraine Merges Nazis and Islamists."]

Gold Seal

Iran nuke deal: A red herring that is less about nuclear energy and more about the West's geopolitical strategy against Russia

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"The European Union is quietly increasing the urgency of a plan to import natural gas from Iran as relations with Tehran thaw (and) those with top gas supplier Russia grow colder."

"EU turns to Iran as alternative to Russian gas," EA.
The Iran nuclear agreement has less to do with proliferation than it does with geopolitics. The reason Obama wants to ease sanctions on Iran is because he wants to push down oil prices while creating an alternate source of natural gas for Europe. In other words, the real objective here is to hurt Russia which is currently at the top of Washington's Enemies List. Keith Jones at the World Socialist Web Site explains what's going on in an article titled "Obama promotes historic nuclear deal with Iran". Here's an excerpt:
"If Obama made haste to promote the deal with Tehran, it is because it represents a major tactical shift on the part of US imperialism—one that is being opposed by significant sections of the US political and military-intelligence establishments, as well as by longstanding US client states in the Middle East, first and foremost Israel and Saudi Arabia.

Behind this shift lies a series of strategic calculations, bound up with the aggressive actions of the Obama administration around the world to assert US global hegemony.

The most important of these calculations are, (1) that US imperialism's conflict with Tehran must be subordinated to its drive to strategically isolate Russia and China and prepare for war against one or both states, which the US ruling elite views as the main obstacles to its global domination, and (2) that Iran's crisis-ridden bourgeois regime can be harnessed to serve US strategic interests."

("Obama promotes "historic" nuclear deal with Iran", Keith Jones, World Socialist Web Site)

Hourglass

Who's next in line to face Berlin's financial blitzkrieg?

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© Sputnik/ Igor Zarembo
Seventy-five years ago, when Europe succumbed to Nazi Germany it was the sound of trundling panzer tanks rolling into capitals that heralded defeat.

Now it is German "panzer banks" that appear conquering all in front of them. The financial terms dictated to Athens over the latest so-called bailout is nothing less than the subjugation of a sovereign country to the dictate of German banks. The troubling question for several European states is: who's next?

Even the Western media could not disguise the shocking humiliation meted out to Greece by Germany's Chancellor Angela Merkel and her intransigent Finance Minister Wolfgang Schaüble. The Washington Post described Greece's acquiescence to "punishing ultimatum", while Reuters said Athens had "surrendered".

The Western media haven't quite yet specified who the new financial dictators of Europe are. Reports refer blandly to "EU hardliners" and "tough EU leaders", but reading between the lines it is clear that the paymaster calling the tune now for the rest of Europe is Berlin. And the tune is not melodious.

Snakes in Suits

Profiles in psychopathy: The horrors of John McCain

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© Unknown
The race-baiting panjandrum of Manhattan, Donald Trump, is currently taking flak from the media and politicians for deprecating John McCain's status as a "war hero". Trump's rhetoric is typically bombastic, but this time he may have struck a nerve. Here is a piece that Cockburn and I wrote in 1999 about a psychiatric evaluation of McCain underwent while a prisoner of war in North Vietnam. The psychological portrait drawn by Spanish psychiatrist Fernando Barral is that of a deeply narcissistic personality, cold, hardened and largely devoid of human empathy, a man who seemed to view the bombing of civilian populations as a kind of sport. These aggressive personality traits have also characterized his nasty political career. - JSC

The top war-monger in Congress has been Senator John McCain, Republican from Arizona, seeker of the Republican presidential nomination. In one rhetorical bombing run after another, McCain has bellowed for "lights out in Belgrade" and for NATO to "cream" the Serbs. At the start of May he began declaiming in the US senate for the NATO forces to use "any means necessary" to destroy Serbia.

McCain is often called a "war hero", a title adorning an unlovely resume starting with a father who was an admiral and graduation fifth from the bottom at the US Naval Academy, where he earned the nickname "McNasty". McCain flew 23 bombing missions over North Vietnam, each averaging about half an hour, total time ten hours and thirty minutes. For these brief excursions the admiral's son was awared two Silver Stars, two Legions of Merit, two Distinguished Flying Crosses, three Bronze Stars, the Vietnamese Legion of Honor and three Purple Hearts. US Veteran Dispatch calculates our hero earned a medal an hour, which is pretty good going. McCain was shot down over Hanoi on October 26, 1967 and parachuted into Truc Boch Lake, whence he was hauled by Vietnamese, and put in prison.

Comment: With the top echelons of Western mainstream media fawning over psychopathic individuals like John McCain and Hillary Clinton for so long, is it any wonder that the U.S. is in the catastrophic mess that it is in?




Magnify

Queen Elizabeth Nazi salute controversy a fitting sign of the times as West descends into fascism

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Nazi salute: A grainy photograph has emerged of the Queen performing a Nazi salute with her family in the gardens at Balmoral
The British royal family is up in arms - excuse the pun - over old video footage that shows the young Queen Elizabeth giving a Heil Hitler salute. A photograph published on its front page by British tabloid newspaper The Sun has caused a storm of controversy, with the British monarchy denouncing it as an invasion of privacy. But the real significance is that the image shows how Western so-called democracies were - and still are - so close to embracing fascism.

The video in question is believed to be dated around 1933, when the present British head of state was then a six-year-old princess. She is seen apparently playing with her family in the monarchy's Balmoral estate, Scotland. With her right arm outstretched, the young Elizabeth is pictured giving the infamous Heil Hitler salute. At that time, Adolf Hitler had just ascended to power to become Chancellor of Germany and was already implementing his repressive regime. The Nazi Reich would in a few short years annex neighbouring European countries and ignite the Second World War. In 1933, the Nazi Reich was also embarking on its genocidal programme of mass extermination of peoples designated as «untermenschen» (sub-human).

Defenders of the British monarch have dismissed the grainy images of the young queen giving a Nazi salute as «horseplay». They point out that the princess and her mother and sister are smiling while performing the salute, and therefore the image could be understood as a parody of Herr Hitler.

Cult

Hollande wants Eurozone members to transfer their sovereignty to a United States of Europe

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The President of France has come up with a very creative way of solving the European debt crisis. On Sunday, a piece authored by French President Francois Hollande suggested that the ultimate solution to the problems currently plaguing Europe would be for every member of the eurozone to transfer all of their sovereignty to a newly created federal government. In other words, it would essentially be a "United States of Europe". This federal government would have a prime minister, a parliament, a federal budget and a federal treasury. Presumably, the current national governments in Europe would continue to function much like state governments in the U.S. do. In the end, there may be some benefits to such a union - particularly for the weaker members of the eurozone. But at what cost would those benefits come?

When I first learned that French President Francois Hollande had proposed that the members of the eurozone should create their own version of a federal government, I was quite stunned. But I shouldn't have been surprised. For the global elite, the answer to just about any problem is more centralization. The following comes from a Bloomberg article that was posted on Sunday...
French President Francois Hollande said that the 19 countries using the euro need their own government complete with a budget and parliament to cooperate better and overcome the Greek crisis.

"Circumstances are leading us to accelerate," Hollande said in an opinion piece published by the Journal du Dimanche on Sunday. "What threatens us is not too much Europe, but a lack of it."

Comment: Looks like a Eurozone version of 'good cop/bad cop'. Not too hard to figure out that Hollande's France is now playing the role of good cop to Germany's bad one.