Puppet MastersS


USA

Two familiar faces at the State of the Union told us everything

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© UknownCarlos Arredondo, Ray Odierno
The author is a former U.S. Army Corporal who spent 12 months in Iraq, starting with the invasion in March 2003. He is a co-founder of March Forward! and a member of the Board of Directors of Veterans For Peace.

Before President Obama even began the State of the Union address, two people I knew in the audience, from two defining points in my life, were much more significant to me. I thought their presence reflected the "State of the Union" better than anything the President could have said.

Stormtrooper

Western-backed junta in Egypt charges 20 al-Jazeera journalists with 'damaging country's reputation'

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© Mohamed Abd El Ghany/ReutersAl-Jazeera's Cario studio after it was set ablaze in November. Sixteen of its journalist are accused of belonging to the Muslim Brotherhood.
Rights groups says move to indict 20 employees of news channel marks escalation in state's campaign against foreign media

Egyptian prosecutors say they will charge 20 al-Jazeera journalists, including two Britons, an Australian and a Dutch citizen, with fabricating news and tarnishing Egypt's reputation abroad. The 16 local defendants are also accused of belonging to former president Mohamed Morsi's now-banned Muslim Brotherhood.

The journalists include the Australian former BBC correspondent Peter Greste, and the al-Jazeera's Canadian-Egyptian bureau chief Mohamed Fahmy, who has worked for CNN and the New York Times. The identities of the other defendants, including the two Britons, are not stated, and some of them are understood to have been accused in absentia.

In a statement, prosecutors said the defendants aimed "to weaken the state's status, harming the national interest of the country, disturbing public security, instilling fear among the people, causing damage to the public interest, and possession of communication, filming, broadcast, video transmission without permit from the concerned authorities".

Comment: While this Western ally arrests journalists, the Syrian 'regime' did everything it could to let them report freely in Syria, despite bandits roaming the country and despite journalists' tendency to report the official Western line that a 'revolution' was taking place there.


Eye 2

Toronto mob boss Rob Ford sued for arranging the prison beating of a man threatening to expose his 'unsavoury activities'

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© Mark Blinch/ReutersRob Ford, the Toronto mayor, conspired to have a prisoner beaten up for threatening to expose his illicit behaviour, according to a lawsuit.
Toronto mayor accused of arranging beating of Scott MacIntyre, his sister's ex-boyfriend, over threat to expose illicit behaviour

The embattled Toronto mayor, Rob Ford, is being sued by his sister's ex-boyfriend for allegedly conspiring to have the man beaten in jail to prevent his own illicit behaviours becoming public.

A lawsuit submitted on Wednesday by Scott MacIntyre alleges the mayor was behind an assault at a Toronto jail in March 2012 that was intended to keep MacIntrye quiet about Ford's abuse of alcohol and drugs.

The lawsuit alleges MacIntrye was threatened with "dire consequences" if he did not remain quiet. He was in jail after being charged with threatening the mayor, for saying he would expose his "unsavoury activities", the lawsuit says.

MacIntrye alleges Ford conspired with Payman Aboodowleh, who coached football with Ford, to have a jailed former player of theirs beat MacIntyre up.

Comment: Crack-smoking mayor of Toronto, Rob Ford, threatens to murder someone in latest video leak: Conservative 'family values' politician has no intention of resigning

Police wiretap evidence indicates 'conservative' crack-smoking Toronto mayor Rob Ford is also involved in heroin, bribery and murder

Shameless, crack smoking Ogre of Toronto, mayor Rob Ford, signs up for re-election despite scandal


Gold Bar

"Golden canary" portends coming financial shock

Gold vault
© Unknown
A tectonic shift may be taking place throughout the global markets, but you wouldn't know it from watching CNBC. When the tremors start, there'll be a rush to safe haven, which begs that fundamental question: paper or metal?

The Cycles Roll On

On an almost predictable, totally certain cyclic basis, financial market crises throw up one pat question, with only one pat answer. What does the survival of our current finance, monetary and economic system depend on? It depends on people preferring fiat money more than gold.

From the moment in 1971 when US president Nixon "broke the link with gold", the dollar floated free and made the cyclic attempts to demonetize gold a permanent feature of the financial market system, and the collateral cause of its regular and cyclic crises. To be sure, the banksters operating this permanent rearguard action fighting reality are not going to tell us when the next "reset" will happen - but it will be soon.

After the dollar was taken off the gold standard in 1971, bankers had to run harder and faster to keep fiat money assets performing better than precious metals, and during the cyclic crises they have to take off the gloves to beat down the rising value of gold against declining fiat money. Usually presented as a permanent struggle to only bolster and save the US dollar, it in fact concerns all fiat moneys and all financial assets and instruments. Related parts of the struggle include the permanent need to lie about inflation and "positively influence inflation expectations" now featuring the prevention of deflation from eating away confidence, on the other side of the mirror.

UK Gold Dump
Gordon Brown, gold
© Rex/AlamyGordon Brown pushed ahead with the sale of Britain's gold despite serious misgivings at the Bank of England, it is believed.
As we know, extreme and laughable action is regularly taken, during cyclic crisis periods, to "destroy gold and save fiat". The UK's Gordon Brown, when finance minister at the turn of the century in 1999-2002 embarked on a no-holds-barred and officially proclaimed selling spree of UK gold reserves, when gold prices were at their lowest in 20 years. Brown was following the US Fed's strategy of pushing down gold prices by announcing the sales. There was no interest in "getting a good price" for gold, only the intention of bringing down its price as low as possible.

In less than 3 years over 17 auctions, Brown dumped about 400 tons of gold.

This was the trigger moment for a long and rabid growth of equity and commodity prices, in fact of any financial asset that could be invented and traded. The "historic low" for gold at the turn of the century ran back-to-back with what Wall Street veteran financial lawyer Jim Rickards called the "derivatization of financial markets", the creation of untold massive quantities of tradable paper which as Rickards says are "used to manipulate underlying physical markets such as oil, copper and gold" as well as equities, currencies, interest rates and anything else which can be traded. Soon, the market became much too big to beat, but also asphyxiated and drowned itself in paper.

As Rickards has many times described along with other experts, saving fiat and destroying gold opened the door to an exponential growth of both the size and variety pf what are politely called "off-balance-sheet instruments" hidden by all the major banks and impossible to quantify let alone monitor. And at all times able to implode.

Star of David

Learning from the Nazis: Israel admits secretly injecting Ethiopian Jews with birth control drugs

Benjamin Netanyahu
© UnknownIsrael’s leaders have recently made hateful speeches against Africans
The director of the Ministry of Health in Israel, Roni Gamzo, has issued a formal directive instructing that gynaecologists should stop injecting Ethiopian women with the contraceptive Depo-Provera without their knowledge or consent.

The directive, issued last week, comes after around 30 Ethiopian Jews who had emigrated to Israel said they had been told that they would not be allowed into the country without receiving the contraceptive drug.

Within Israel, Ethiopian Jews make up the majority of those given the drug, according to a report published in 2010 by Isha le'Isha, a women's rights organization; 57 percent of women who had received the drug in Israel are Ethiopian Jews, although they account for less than 2 percent of the overall population.

"We believe it is a method of reducing the number of births in a community that is Black," Hedva Eyal, the author of the report, told Israeli media. "It is indeed the first time that the state actually acknowledged that this procedure of injecting immigrant women with this drug, when they do not know the side effects and are given no other choice, is wrong."

Arrow Down

House passes bill cutting $8 billion from 'food stamps' program

US Capitol
© Agence France-PresseMembers of the House of Representatives enter the US Capitol on Sept. 30, 2013 in Washington, DC.
The US House approved a five-year, nearly $1 trillion farm bill Wednesday reforming the federal government's crop subsidy system but cutting food stamps to pare the deficit.

The mammoth bill, which has been some three years in the making and endured more than one collapse in negotiations in 2013, enjoyed bipartisan support in passing 251-166.

It now heads to the Senate where it could be voted on as early as Friday. It is expected to pass.

The White House said Wednesday that President Barack Obama would sign the 959-page bill should it reach his desk.

"Overall, this legislation is a positive step forward that invests in rural development, bio-based energy, conservation, and agricultural research and that will provide certainty and stability for families in need, for farming communities, and for our commodity markets," senior House Democrat Steny Hoyer said.

The compromise bill reduces the US deficit by some $23 billion, far less than what was sought by dozens of House conservatives eager to dramatically slash federal spending.

Bomb

The NSA Fiasco: A carefully choreographed stage show

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As the public finally becomes outraged over the NSA's illegal spying, members of government and the corporate media wage an information war to misdirect that anger to issues of less importance.

To counteract this, a bold new citizen-led initiative to nullify the NSA is now gaining momentum around the United States.

This is the GRTV Backgrounder on Global Research TV.


One of the less-remembered parts of the Osama bin Laden fairytale was that the NSA had a hard time keeping track of his communications with his Al CIAda operatives. Why? Because, as General Michael Hayden told CBS News back in early 2001, bin Laden used standard encryption and off-the-shelf American telecommunication products.

Sound unbelievable? That's because it is. As they go on to admit in that very same report, they were tracking bin Laden's satellite phone after all, and as James Bamford and others have described in exhaustive detail, the NSA was monitoring Al Qaeda's "communications hub" in Yemen for years prior to 9/11, and purposefullly withholding most of that information from the CIA bin Laden unit. But the idea that the NSA just wasn't able to track bin Laden because of his dastardly technology was a key meme for the NSA to implant in the immediate wake of 9/11. That's why the Hayden interview was replayed on CBS less than 48 hours after the attacks, and that's why, as recently declassified documents show, the NSA used 9/11 as an official talking point to justify their illegal surveillance of Americans.

Snakes in Suits

Junk economists help the rich impoverish the working class

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Last week, I explained how economists and policymakers destroyed our economy for the sake of short-term corporate profits from jobs offshoring and financial deregulation.

That same week Business Week published an article, "Factory Jobs Are Gone. Get Over It," by Charles Kenny. Kenny expresses the view of establishment economists, such as Brookings Institute economist Justin Wolfers who wants to know "What's with the political fetish for manufacturing? Are factories really so awesome?"

"Not really," Kenny says. Citing Eric Fisher of the Cleveland Federal Reserve Bank, Kenny reports that wages rise most rapidly in those states that most quickly abandon manufacturing. Kenny cites Gary Hufbauer, once an academic colleague of mine now at the Peterson Institute, who claims that the 2009 tariffs applied to Chinese tire imports cost US consumers $1 billion in higher prices and 3,731 lost retail jobs. Note the precision of the jobs loss, right down to the last 31.

Birthday Cake

"Let them eat cake": U.S. Congress to cut food stamps by $9 billion

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© Ryan Garza/Flint JournalMore to come?: People line up outside of Riverside Tabernacle in Flint on Tuesday, December 6, 2011, in a food pantry distribution supplied by the Food Bank of Eastern Michigan.
Lawmakers in both chambers of US Congress have reportedly reached a deal to cut almost $9 billion from the food stamp program on which nearly 47 million Americans rely to afford food.

The cuts to the program, which will affect nearly a million households over the next decade, are part of multi-year farm bill which sets spending levels for federal agriculture and food policy.

The giant piece of legislation is expected to get a vote in the House of Representatives on Wednesday, after which it will be subject to a vote in the Senate.

The cuts are a compromise between nearly $40 billion in cuts to the program approved by the Republican-controlled House of Representatives and a $4 billion reduction approved by the Democratic-controlled Senate.

The Supplemental Nutrition Assistance Program (SNAP) has already undergone a $5 billion cut when a temporary increase in food stamp dollar expired on Nov. 1.

A household of three lost $29 in food aid per month as a result of the cuts that left each person to spend an average of $1.40 per meal.

Yoda

Enough is enough: Fraud-ridden banks are not L.A.'s only option

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© Captiolhilloutsider.com
"Epic in scale, unprecedented in world history."

That is how William K. Black, professor of law and economics and former bank fraud investigator, describes the frauds in which JPMorgan Chase (JPM) has now been implicated. They involve more than a dozen felonies, including bid-rigging on municipal bond debt; colluding to rig interest rates on hundreds of trillions of dollars in mortgages, derivatives and other contracts; exposing investors to excessive risk; failing to disclose known risks, including those in the Bernie Madoff scandal; and engaging in multiple forms of mortgage fraud.

So why, asks Chicago Alderwoman Leslie Hairston, are we still doing business with them? She plans to introduce a city council ordinance deleting JPM from the city's list of designated municipal depositories. As quoted in the January 14th Chicago Sun-Times:
The bank has violated the city code by making admissions of dishonesty and deceit in the way they dealt with their investors in the mortgage securities and Bernie Madoff Ponzi scandals. . . . We use this code against city contractors and all the small companies, why wouldn't we use this against one of the largest banks in the world?
A similar move has been recommended for the City of Los Angeles by L.A. City Councilman Gil Cedillo. But in a January 19th editorial titled "There's No Profit in L A. Bashing JPMorgan Chase," the L.A. Times editorial board warned against pulling the city's money out of JPM and other mega-banks - even though the city attorney is suing them for allegedly causing an epidemic of foreclosures in minority neighborhoods.

"L.A. relies on these banks," says the Times, "for long-term financing to build bridges and restore lakes, and for short-term financing to pay the bills." The editorial noted that a similar proposal brought in the fall of 2011 by then-Councilman Richard Alarcon, backed by Occupy L.A., was abandoned because it would have resulted in termination fees and higher interest payments by the city.

Comment: North Dakota is not the only one abandoning the corrupt banking model:
Public banking in Costa Rica: A remarkable little-known model

Ellen Brown elaborates further on public banking here:
Public banks are key to capitalism
Cooperative Banking, Wave of the Future for a Sustainable Form of Banking