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Never in the field of human history has so much been taken from so many by so few

Simon Davies & Donald Hunt
SOTT.net
Sat, 04 Apr 2009 19:39 UTC
Image
© Credit Union
The last week in March started with the coordinated call from Russia and China for a new non-national reserve currency, an idea that was greeted as one would expect with some derision until US Treasury Secretary Timothy Geithner said he supported such an idea. We can only speculate that he forgot his role in this Act 2 of the international stage tragedy "Global Financial Crisis" and used his lines from Act 4 which has of course yet to come. In this Act the role of the US is to resist such calls.

The week ended with the G20 summit and more importantly with the G20 final communique which promises a dark future; for wrapped in the cloth of "free trade", a trillion dollars for the IMF and "trade finance" and the regulation of banker's pay is the formation of a global overseer, the Financial Stability Board and the announcement that "the era of banking secrecy (which means privacy) is over."

There is a great deal in the G20 final communique and what with the general goings on this coming week with the NATO summit following the G20 and US President Obama's visit to Ankara that we will be providing an analysis of the G20 summit and its context during the course of next week.

This week we take a closer look at who really benefited from the AIG bailout and the true size of the US governments financial commitments to the "Global Financial Crisis". With apologies to Winston Churchill and the fighter pilots of the Battle of Britain:-
Never in the field of human history has so much been taken from so many by so few
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Stormtrooper

'7/7 Ripple Effect' producer Hill loses extradition hearing: faces deportation to UK

Gabriel O'Hara
Wise Up Journal
Thu, 02 Apr 2009 22:51 UTC
Image
© Wise Up Journal
Would the world be a safer place if people who mail public information are behind bars?

Today at the four courts in Dublin, 11am - court 11, the Judge ruled on whether or not to extradite John Anthony Hill to the UK. John mailed a publicly available DVD, with no letter attached, to a court in the UK during a trial of three men. The DVD had nothing to do with those three men; it contained information from the BBC, ITV, the New York Times and other such established main stream news entities about four different men. During John's trial in Ireland, March 19th, the judge said in his closing statement that he would watch the DVD before making a decision. Today we found out that the judge failed to uphold that promise/commitment made in court when he told the court he had not looked at that evidence. The Judge ruled against John, 60 years old, who was then put into handcuffs and lead away by the police to a prison. The Judge said a number of people from all over the world mailed him envelopes with DVDs; he also said he did not open the envelopes.
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Blackbox

Doctors to reopen Yasser Arafat death investigation

Rachel Shabi
The Guardian
Thu, 02 Apr 2009 16:42 UTC
Arab doctors are to investigate the death of the former Palestinian president, Yasser Arafat, re-opening a four-year-old case which is still the subject of suspicion, conspiracy theories and political accusations.

Doctors from Algeria, Tunisia, Egypt, Jordan and the Palestinian territories have been given the task of reviewing information about the former president's demise.

Arafat's death in November 2004 in a military hospital near Paris triggered immediate rumours that he had been poisoned. French doctors said the 75-year-old died from a "massive brain haemorrhage" but could not explain what had prompted it. At the time, Arafat's widow refused to allow an autopsy.

"The investigations carried out so far didn't reach the point at which they could say conclusively what happened," said Mansour Tahboub at the Yasser Arafat foundation, set up last year to preserve the former president's legacy, and which commissioned the Amman investigation. "All we know is that there is something strange about his death."
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Coffee

Inflating Their Way Out of Trouble After All

Simon Davies & Donald Hunt
SOTT.net
Fri, 27 Mar 2009 10:00 UTC
Toxic assets
© Adam Zyglis/The Buffalo News
A busy two weeks in the global economy as the taps were opened by governments busy creating new money. Sadly they decided to use it to buy government bonds and worthless "toxic assets" rather than employ and train citizens and build much needed national infrastructure.

Inevitably, with new money flowing into the system inflation will grow further eroding the value of savings and wages, while mobile money will seek a home in commodities thereby adding a double boost to the cost of living for us all. Governments seem to be clinging to the hope that excess supply will dampen the inflationary pressure; a forlorn hope. China and Russia called for a new global reserve currency clearly losing patience with the US pretense at global economic leadership.

The US Congress became "a rat's nest of grandstanding" on the issue of AIG bonuses while remaining silent on the secrecy of the Federal Reserve as to who's been receiving the trillions in bailout money and on Goldman Sachs receipt of over $12 billion in AIG bailout money.
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Light Sabers

Turkish media expose Israeli Mossad plan to assassinate Prime Minister Erdogan


Press TV
Mon, 30 Mar 2009 20:30 UTC
Turkish media sources detail information implicating the Israeli Mossad in a plot to assassinate Prime Minister Recep Tayyip Erdogan.

An e-mail found on a personal computer belonging to one of the members of the underground Ergenekon organization exposed Mossad's role in the failed assassination efforts against Erdogan, Turkish media outlets reported on Friday.
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Chess

India predicts China war by 2017


Press TV
Sat, 28 Mar 2009 04:36 UTC
Chinese army
© Unknown
The US and India have expressed concern over growing Chinese army power in the region.
The Indian army has predicted a war with its nuclear-armed neighbor China by 2017 as Beijing continues to strengthen its military muscle.

A secret military exercise, called 'Divine Matrix', by the Indian troops visualized a war scenario with China, the Hindustan Times reported Saturday.

"A misadventure by China is very much within the realm of possibility with Beijing trying to position itself as the only power in the region," a senior army officer told the daily following the maneuver.

An Indian military's assessment has outlined that Beijing would rely on information warfare (IW) to bring New Delhi down on its knees.
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MIB

Israel planned to kill Prime Minister Erdogan


Press TV
Sun, 29 Mar 2009 18:09 UTC
Turkish media sources detail information implicating the Israeli
Erdogan and Perez
© n/a
Erdogan talks during a debate on the Israeli war on Gaza in the presence of Israeli President Shimon Peres in Davos on January 29. "I know very well how you hit and killed children on beaches," he said.
Mossad in a plot to assassinate Prime Minister Recep Tayyip Erdogan.

An e-mail found on a personal computer belonging to one of the members of the underground Ergenekon organization exposed Mossad's role in the failed assassination efforts against Erdogan, Turkish media outlets reported on Friday.

The organization has been accused of orchestrating a coup plot against the current Turkish administration.

The indictment list tabled by the Turkish prosecution against the organization says that an Israeli journalist had sent the e-mail to a number of Ergenekon figures to inform them of Israeli readiness to assassinate the Turkish premier.
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Nuke

US Army Confirms Israeli Nukes; Israeli Aid At Stake

Bryant Jordan
Uruknet
Wed, 18 Mar 2009 23:10 UTC
The Army has let slip one of the worst-kept secrets in the world -- that Israel has the bomb.

Officially, the United States has a policy of "ambiguity" regarding Israel's nuclear capability. Essentially, it has played a game by which it neither acknowledges nor denies that Israel is a nuclear power.

But a Defense Department study completed last year offers what may be the first time in a unclassified report that Israel is a nuclear power. On page 37 of the U.S. Joint Forces Command report, the Army includes Israel within "a growing arc of nuclear powers running from Israel in the west through an emerging Iran to Pakistan, India, and on to China, North Korea, and Russia in the east."
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Chess

Entropy, Chaos and Power (Part 1)

Simon Davies
SOTT.net
Fri, 20 Mar 2009 15:46 UTC
AIG Bonuses
© Brian Fairrington/caglecartoons.com
The Swiss, a nation long famous for their devotion to banking secrecy, have decided to do away with all that and open the books of UBS to the US government; AIG bonuses are in the spotlight while in fact there is much more to AIG than meets the eye, hence the focus on bonuses; Babcock & Brown went into receivership; GE had its credit rating downgraded; and the G20 Finance Ministers met in Horsham (UK).

What looks suspiciously like a renewal of the British war against the Irish, in a bid to develop a renewed domestic terrorism threat, began with three murders; the circulation of a highly doctrinaire policy document to Missouri State Highway Officers, which flies in the face of the US Constitution, was thankfully brought to public attention, while the French held a bio-terror exercise with the premise that "anti-capitalist = terrorist".

Meanwhile with the focus on bonuses, and the AIG Financial Products ones in particular, are we seeing the beginnings of a manipulated class war? There's nothing like a good distraction to keep people from looking for the real bad guys.
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Bad Guys

Report: IDF chief gave U.S. fresh intel on Iran nukes program

Natasha Mozgovaya
Haaretz
Wed, 18 Mar 2009 19:52 UTC
American sources told the Saudi newspaper Al-Watan that Israel Defense Forces chief Gabi Ashkenazi provided fresh intelligence to the United States concerning Iran's nuclear facility in Arak during his visit to Washington earlier this week, according to Israel Radio.

Ashkenazi on Monday said that while Israel was interested in exhausting diplomatic options against Iran's nuclear program, the army must nevertheless prepare itself for a military attack.

The army chief decided to cut short his trip in order to take part in a special cabinet session on negotiations for a deal to release abducted Israeli soldier Gilad Shalit.
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