Puppet MastersS


Chart Pie

Yuan vs Dollar: Why China continues devaluing its currency

yuan dollar
© AP Photo / EyePress FILE
China is continuing to devaluate its national currency to increase the competitiveness of its national exports causing some American experts to consider the move as "currency manipulation."

China keeps its currency very low to enforce the interests of its export industries. This type of policy would make Chinese products even cheaper and, therefore, more attractive for buyers.

"Day after day they keep devaluing their currency throwing the world financial markets into an uproar. Is this currency manipulation?" Nicole Sandler from Sputnik's radio BradCast asked US expert Dave Johnson.

Comment: The future does not look very rosy for the West. China seems better positioned to ride out the coming storm than the Western nations are:
I have hypothesized many times in the past, China has built out their infrastructure and even "ghost cities" using credit. Once the credit markets begin to default, they will be left with "stuff", in place and will last for the next 50 to 100 years. Roads, bridges, buildings, airports, ports, etc., you name it they have already built it. And yes, their stock market will crash, their real estate market is already softening, in reverse and declining. I am not saying it will be all rosy, to the contrary, there will be bankruptcies galore in China... with a caveat. The "government" of China will go through this liquidation phase with the most gold in the world.

Collapsing global economy, imploding financial system: China has only one option



Bomb

Thailand Terror: Bangkok hit with second bombing - Explosives thrown from bridge near rail station

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© Athit Perawongmetha / Reuters
An explosive device has been thrown near a rail station in Bangkok, AFP reported, citing police. It comes just hours after a separate device was thrown from a bridge into the Chao Phraya River. No injuries have been reported.

"No one was killed or injured. Police are at the scene to investigate what kind of device it was," an officer at Yanawa police station, who asked not to be named, told AFP of the latest device.

He said the incident took place shortly after 1 p.m. local time near the Saphan Taksin BTS skytrain station.

Airplane

Pentagon to increase drone invasions by 50% over the next 4 years

Air Force MQ-1 Predator
© U.S. Air Force / Airman 1st Class Jeffrey Hall / ReutersA U.S. Air Force MQ-1 Predator
The US military will increase the number of drone flights from the current 61 a day to as many as 90 by 2019 while expanding lethal strike capabilities.

The expanded drone program, operated mostly by the US Air Force, will allow for broadened surveillance and intelligence gathering from Ukraine and North Africa to Iraq and the South China Sea.

"We've seen a steady demand signal from all of our geographic combatant commanders to have more of this capability," Navy Captain Jeff Davis, a Defense Department spokesman, told reporters at Pentagon.

The move would mark the most expansion within the drone program since 2011.

More than 5,000 people have been killed by US drone strikes since 2004, according to estimates by the Bureau of Investigative Journalism. The US government has not made public any casualty figures related to the secretive program.

The new plan would have the Air Force share drone flight duties with the US Army and Special Operations Command, as well as government contractors that would not have lethal strike capabilities.

Comment: The expansion of the pentagon's drone program is reflective of the paranoid delusions from the pathologicals ruling our world who are seeking to dominate, control and ultimately destroy humanity.


Black Magic

Conspiracy theory or frighteningly real? A look at shadow governments

conspiracy theories Bilderberg
© Flicker/Bill Bradford
Is the famous conspiracy about a secret government that runs the world completely nonsense or does the idea actually have any supporting evidence? Conspiracy theories — hypotheses claiming that historical events could have occurred due to the nefarious actions by hidden parties — still remain largely neglected by researchers and considered as implausible and irrelevant.

On the other hand, conspiracy theories usually attract a lot of attention from a wide array of people, prompting heated debate on issues ranging from the world's shadow government to the chances of an alien invasion taking place. While most researchers do not take these theories seriously, some scholars insist that they do deserve attention.

The "cryptocracy," or shadow government, concept is one of the most popular. According to this belief, real and actual political power does not reside with democratically elected public representatives, but with an elite set of individuals who exercise power behind the scenes. This secret government is not responsible to democratic institutions. Furthermore, according to conspirologists, official governments are subservient to it.

Comment: Interesting that, considering the events in his own country that Mr. Fursov still manages to conclude that the idea of shadow government is overblown.


TV

South Front Crisis News: Attacks on Donbass, Israel turns off water for West Bank residents

south front
Yesterday Donetsk was hit by a record 800 artillery shells. The Telmanovo suburb was hit particularly hard, but the shelling was also very violent in the airport region. At least one local was killed and 2 wounded by the shelling. Meanwhile, Kiev has been continuing to pull its forces to the contact line. These forces include tanks and artillery systems, even multiple rocket launchers. The vice-speaker of the People's Council Denis Pushilin informed that if Kiev escapes from the Minsk agreement the war will blaze up at any moment and it can touch not only Donbass. However, the vice-commander of Defense Ministry Corps Eduard Basurin didn't confirm the information about full alert of the DPR's Army.


Horse

Paramoralisms abound: Amnesty International calls for decriminalization of prostitution to protect human rights of sex workers

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© Rodrigo Abd/AP After a government raid last year on an illegal mining camp in La Pampa in the Madre de Dios region of Peru, a discarded bra lies on the ground outside an informal bar that allegedly employed sex workers.
The decision by Amnesty International's decision-making forum, the International Council Meeting, to call for the decriminalization of prostitution is another in a long line of triumphs for heartless neoliberal economics and the grotesque commodification of human beings that defines predatory capitalism.

Salil Shetty, secretary-general of Amnesty International, said: "Sex workers are one of the most marginalized groups in the world who in most instances face constant risk of discrimination, violence and abuse. Our global movement paved the way for adopting a policy for the protection of the human rights of sex workers which will help shape Amnesty International's future work on this important issue."

In the sickness of modern culture, the ability to exploit with impunity is distorted into a human right even by a renowned and respected humanitarian organization. That is quite a card trick. We live in a global culture where the wretched of the earth are chattel and where sexual slavery—which is what most prostituted women and girls around the globe endure—is sanctified by market forces. These women and girls are among our most vulnerable. After being crushed by poverty, racism and sexism, they are unable to find other ways to make a sustainable income. They are treated little better than livestock transported to markets for consumption. That a so-called human rights organization parrots vile justifications is emblematic of the depth of our moral degeneration and the triumph of misogyny.

Women and girls who are prostituted should be treated not as criminals but as victims. The criminals are the johns and the pimps and traffickers who profit from the sale of human flesh. Decriminalizing prostitution, which allows these modern slave masters to openly ply their trade, means the exploitation will grow explosively. We must work to create a world where those who are dispossessed of their human rights are not forced into this dilemma. We must not accept a world where poverty destroys the lives of the weak and the vulnerable, including children. Those who profit from prostituting women and girls must be driven out of business.

Wall Street

Goldman Sachs global domination continues

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Here's the press release from the Fed:
The Federal Reserve Bank of Dallas today announced the appointment of Robert Steven Kaplan as president and chief executive officer. In this role, Kaplan will represent the Eleventh Federal Reserve District on the Federal Open Market Committee in the formulation of U.S. monetary policy and will oversee the 1,200 employees of the Dallas Fed.

His appointment is effective September 8, 2015.

Kaplan, 58, is the Martin Marshall Professor of Management Practice and a Senior Associate Dean at Harvard Business School. He is also co-chairman of the Draper Richards Kaplan Foundation, a global venture philanthropy firm that invests in developing non-profit enterprises dedicated to addressing social issues.

[...]

Prior to joining Harvard in 2006, Kaplan was vice chairman of The Goldman Sachs Group, Inc. with global responsibility for the firm's Investment Banking and Investment Management Divisions. Previously, he served as global co-head of the Investment Banking Division. He was also a member of the firm's Management Committee and served as co-chairman of the firm's Partnership Committee and chairman of the Goldman Sachs Pine Street Leadership Program.

Upon leaving the firm in 2006, he was given the honorary title of senior director.
It appears some are finally waking up...


Comment: How much more blatant can it get? Goldman Sachs alumni are spreading out like tentacles of an octopus, hence vampire squid.


Star of David

Jeremy Corbyn and the Jews

Jeremy Corbyn
The relationship between Jeremy Corbyn and British Jews can be summarized into a brief observation:

While Corbyn's success represents a hugely popular shift within British political thinking, the orchestrated Jewish campaign against him is there to suggest that once again, Jews set themselves against the people they dwell upon.

The vastly growing popularity of Jeremy Corbyn amongst Brits can be easily explained. Following decades of cultural Marxist, divisive Identiterian politics and Zionist-Neocon domination within the British Left, Corbyn brings along a refreshing ideological alternative. Corbyn seems to re-unite the Brits. He cares for the weak. He opposes interventionist wars. He represents the return of the good old left as opposed to New Labour's affinity with big money, choseness and exceptionalism. He cares for the students and the youth. He thinks about the future and promises to undo the damage created by Blair and Cameron. But as Britain sees the rise of a hugely popular ideological movement, many Jewish institutions see Corbyn as an arch enemy. They would prefer to see him gone and have used nearly every trick in the book to discredit him.

Comment: Also see:


Eye 1

Report reveals AT&T played "highly collaborative" role in helping NSA spy on internet traffic

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© Mike Blake / Reuters
Telecom giant AT&T Inc has played a bigger than previously thought role in helping the National Security Agency (NSA) spy on swathes of internet traffic, which included wiretapping all UN headquarters' communications, The New York Times has revealed.

The report is based on leaked documents, which date from 2003 to 2013 and were provided by whistleblower and former NSA contractor Edward Snowden. The files describe the NSA's relationship with the telecommunications company as "highly collaborative," citing AT&T's "extreme willingness to help."

A decades-long partnership has helped the NSA to accomplish a whole range of classified activities, including providing technical assistance to carry out a secret court order that enabled wiretapping of all internet communications at the headquarters of the United Nations, which is an AT&T customer.

AT&T also gave the spy agency access to billions of emails that landed in the domestic networks.

Yoda

Lavrov: Poroshenko uses Russian aggression rhetoric to distract from inability to fulfill Minsk agreement

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© Vladimir Astapkovich / RIA NovostiRussian Foreign Minister Sergey Lavrov
The Ukrainian president uses Russophobic rhetoric to distract attention from his inability to fulfill the Minsk Agreements, Russia's foreign minister says, warning the current situation in eastern Ukraine resembles a build-up to war.

Ukrainian President Petro Poroshenko is making "unthinkable, crazy statements" in order to stir up the situation, Sergey Lavrov said Monday at a news conference after meeting Iran's Foreign Minister Mohammad Javad Zarif.

Sergey Lavrov quoted an interview given by the Ukrainian president to the French daily Liberation, in which Petro Poroshenko said that "Putin wants all of Europe."

"A person who makes such statements is concerned more with sustaining Russophobia in the West, thereby distracting attention from an inability to fulfill what he signed up for," Lavrov said, adding that a simple comparison of what Poroshenko had agreed to and what Kiev had actually done would be "a very entertaining process."

"Moscow is ready for a conversation on this issue with those who guaranteed the trustworthiness of Kiev's actions," the Russian FM said.