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Wed, 27 Oct 2021
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Oh no, the Russians are coming! Russia's bombers to conduct a range of regular patrols from the Arctic to the Gulf of Mexico

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© AP Photo/Misha Japaridze
In this Thursday, Aug. 7, 2008 file photo, Russia's strategic bomber Tu-160 or White Swan, the largest supersonic bomber in the world, seen at Engels Air Base near Saratov, about 700 kilometers (450 miles) southeast of Moscow, Russia. Russia’s defense minister says the military will conduct regular long-range bomber patrols, ranging from the Arctic Ocean to the Caribbean and the Gulf of Mexico.
Russia's long-range bombers will conduct regular patrol missions from the Arctic Ocean to the Caribbean and the Gulf of Mexico, the military said Wednesday, a show of muscle reflecting tensions with the West over Ukraine.

A statement from Defence Minister Sergei Shoigu came as NATO's chief commander accused Moscow of sending new troops and tanks into Ukraine - a claim quickly rejected by Russia.

Shoigu said the tensions with the West over Ukraine would require Russia to also beef up its forces in the Crimea, the Black Sea Peninsula that Russia annexed in March.

He said Russian long-range bombers will conduct flights along Russian borders and over the Arctic Ocean. He added that "in the current situation we have to maintain military presence in the western Atlantic and eastern Pacific, as well as the Caribbean and the Gulf of Mexico."

He said that the increasing pace and duration of flights would require stronger maintenance efforts and relevant directives have been issued to industries.

Russian nuclear-capable strategic bombers were making regular patrols across the Atlantic and the Pacific Oceans during Cold War times, but the post-Soviet money crunch forced the military to cut back. The bomber patrol flights have resumed under President Vladimir Putin's tenure.

The patrols have become even more frequent in recent weeks with NATO reporting a spike in Russian military flights over the Black, Baltic and North seas as well as the Atlantic Ocean.

Comment: For a greater perspective of the Ukranian situation, read Joe Quinn's article Ukrainian Role Reversal and Russian Freedom and Democracy.


Gold Coins

Slap on the wrist: Six banks fined record $3.4bn in currency manipulation probe

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© Reuters / Yuriko Nakao
Some of the world's biggest banks - UBS, Citigroup, JPMorgan Chase, Royal Bank of Scotland, and HSBC have agreed to pay out $3.4 billion to settle an investigation into the institutions' rigging of foreign exchange rates.

The probe accused banks of tampering with currency interbank rates on the largely unregulated $5.3 trillion-a-day foreign exchange market.

"The setting of a benchmark rate is not simply another opportunity for banks to earn a profit. Countless individuals and companies around the world rely on these rates to settle financial contracts, and this reliance is premised on faith in the fundamental integrity of these benchmarks," Aitan Goelman, Director of Enforcement at CFTC, said in a press release on Wednesday.

"The market only works if people have confidence that the process of setting these benchmarks is fair, not corrupted by manipulation by some of the biggest banks in the world," Goelman added.

US, UK, and Swiss regulators ordered the fines in tandem. The UK's Financial Conduct Authority (FCA) slapped the six banks with $1.7 billion in fines and the US Commodity Futures Trading Commission (CFTC) levied more than $1.4 billion in penalties.

Switzerland's UBS was given the biggest fine of $800 million, Citigroup will pay $668 million, JPMorgan must pay a $662 million penalty, Royal Bank of Scotland was fined $634 million, and HBSC $618 million.

Charges against individuals are expected.

Comment: Oh the poor banks. Also FINMA has capped UBS bonuses:
Switzerland's regulator FINMA ordered UBS, the country's biggest bank, to pay 134 million francs ($139 million) after it found serious misconduct in both foreign exchange and precious metals trading. It also capped bonuses for dealers in both units at twice their basic salary for two years.
Those poor dealers. How will they possibly survive? Maybe a raise in their base pay to keep them happy.
The investigation has provoked major changes to the foreign exchange market with a clamp down on chatrooms, the suspension or firing of more than 30 traders, an increase in automated trading and new regulatory changes to benchmarks which world leaders are expected to sign off on at the G20 summit in Brisbane this weekend.
This exposure of the banks' currency rigging requires a change in policy so that it becomes less transparent. Unless jail time is given to the heads of these banks, these fines and limits on bonuses will do little to stop the banks from finding new ways to rig currency markets for their own profits. It's the psychopathic way after all.


Brick Wall

Republicans vs. Russia: Next chapter?

Obama Putin flags
© talkingpointsmemo.com
The Republican elephant in the room...
The Democrats have been defeated by the Republicans in the mid-term elections and have captured total control of both Chambers of the U.S. Congress, making a lame duck of President Obama. But what is worrisome about these changes in the U.S. political layout are their consequences for U.S. foreign policy and thereafter for the whole world.

It's evident, that the U.S. will become much more involved abroad, and first of all in the Middle East. Obama was criticized for his policy on the fight against ISIS and due to the manner in which the U.S. leads the coalition. He was criticized for apparently playing footsie with Iran, he was also criticized for the worsening of relations with Israel. The indecisiveness of Obama during the first half of his second term risks turning into excessive decisiveness under the pressure of the Republicans.

On the November 5, Ron Paul, former Republican congressman, commented on the issue via Twitter, saying that "Republican control of the Senate [means] expanded neocon wars in Syria and Iraq. Boots on the ground are coming." On Friday, after the informal lunch with the leaders of the victorious Republican party, President Barak Obama approved sending up to 1,500 more troops to Iraq. This will double the number of the U.S. force deployed on the Iraqi ground. The main goal, according to the America's officials, is to retrain the Iraqi forces in their fight against ISIS forces, as well as to train three Kurdish Peshmerga brigades. Rear Admiral John Kirby was quoted by the media as saying: "It is being done now because the Iraqis have reached, they have demonstrated, the willingness and the skills to go after ISIS, so they have reached the point, where they need additional help and guidance." However, it remains unclear what role these mostly "training mission" forces will play as the years of U.S. military advisers and troops in Iraq apparently did not contribute much to the forming of efficient Iraqi forces. It seems most likely that sooner or later the U.S. forces will be involved in a full scale land battle.

Comment: All politicians are to some degree Pathocrats, most more than some. In a self-serving (thus self-extinguishing) pathological scope (as in the virus kills the host), re-election is more important than the context and course of the country, fostering a growing disfunction by separating and eliminating what is for the good of the people and nation from the good of the politicians and the good of the elite (oligarchy). The trajectory tells it all: vast increases in poverty and income inequality in America, two disastrous and illegal wars in the Middle East, the complete breakdown of the financial system, holding the country to ransom over the debt ceiling, attempting to roll back women's rights 40 years, the dumbing down of the constituency, imperial "exceptionalism," and so on. This is unfathomable unless one factors in a bigger and badder covert agenda in which the USA, according to plan or as a byproduct, is systematically dismantled and left impotent and ineffectual...Oh yeah, the future is today and it probably already is. The American public has its head in the sand and the sands - they are a-shifting!

As far as putting the fate of the Middle East in the hands of the United Nations...oy vey!


USA

Sott Exclusive: Youth Union of Turkey members confront US soldiers in Istanbul as "murderers" and tell them to "leave our land" (video)

Two young American soldiers were accosted recently on the streets of Istanbul by members of the Youth Union of Turkey. In video footage of the event, paint-filled projectiles are thrown at the two Americans and bags are temporarily placed over their heads. A member of the Youth Union of Turkey tells the men that "because we define you as murderers, as killers, we want you to get out of our land".

The Youth Union of Turkey is a left-wing nationalist revolutionary youth organization founded in 2006. It comprises 65 student clubs and societies from over 40 Turkish universities.

The union advocates the principles of Mustafa Kemal Atatürk and Kemalism and opposes any future Turkish membership in the European Union and any cooperation with American imperialism.


Arrow Down

Tony Blair gets paid (Again) - Secret $61,000 per month contract with Saudis revealed

Blair
© www.informationclearinghouse.info
While thieving bankers and military-industrial complex executives feeding parasitically off the citizenry is bad enough, there's really nothing worse than some two-bit, war criminal, faux humanitarian leveraging death and destruction to make a fortune after leaving "public service."

That in a nutshell is the resume of former British Prime Minister Tony Blair.

Mr. Blair is no stranger to this site. Back in August, I highlighted another one of his philanthropic activities in the post, Letter Reveals Tony Blair Advised Kazakhstan's President on How to Spin Massacre of Innocent, Unarmed Protesters.

Here's an excerpt:

Vader

Insane U.S. war crimes, Samantha Power, and the humanitarian facade

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© Unknown
If Gulf War I, the sanctions and the depleted uranium dropped over Iraq in the 90's weren't enough, we had "shock and awe" in the 00's and the use of outlawed arms like white phosphorous dropped over thousands of innocents in the now infamous attack of the town of Fallujah.

It's as cynical as it gets. Why do so many of us buy into it?
"And we read from pleasant Bibles that are bound with blood and skin/That the wilderness is gathering all its children back again." - Leonard Cohen
Post-Cold War U.S. war policy can be roughly divided into two periods. From 1990 until 1998, in a rational response to the end of the Cold War, the U.S. military budget was gradually cut by 30% over 9 years. In January 1993, Defense Secretary Dick Cheney signed off on a defense strategy that would cut military spending to pre-WWII levels as a percentage of GNP. After 1991, only 55 U.S. troops died in overseas deployments: 19 in the Khobar Towers bombing in Saudi Arabia; 19 in Somalia; 14 on 2 helicopters mistakenly shot down by a US warplane over Iraq; 2 in Kenya; and 1 in Haiti.

But then something changed. By 1997, the Pentagon, State Department and think-tanks funded by military-industrial interests were regrouping and crafting new frameworks for the use of military force to exploit the post-Cold War U.S. " power dividend." Clinton'sNew Democrats played the humanitarian interventionist good cop to the bad cop of neoconservative Republican-led groups like Project for the New American Century.

Comment: Samantha Power and others of her ilk pursue their pathological policies in the face of all facts that show that these policies are, indeed, destructive. Individuals who allow themselves to think and question and reason about what they know and don't know, what is constructive and what is deleterious, walk a very different path and are the hope of a future for humanity.

For more on our cognitive workings and the fallacies that may make one fall pray to the ponerizing influences of Power et al. read:

We are all confident idiots: 'The doorstep to the temple of wisdom is a knowledge of our own ignorance'


Star of David

Israel's illegal wall around Palestine maintained by U.S. commitment to terror

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As seen in the above graphic from the Washington Post, essentially every country recognizes the State of Palestine, except for Western Europe and some of the places it has conquered, such as North America, Australia, and New Zealand, as well as some US "partners" that "wouldn't want to ruffle Washington's feathers", including "South Pacific island nations like Kiribati and Nauru" (WaPo).

The US has for decades used terrorism to singularly prevent Palestine from becoming a full UN member state. Likewise, without the US providing the muscle and money, Israel would not be able to continue, in defiance of the world, to occupy, colonize, ethnically cleanse, and commit terrorism and massacres against Palestine.

Without US muscle backing its terror and expansionism, Israel, despite being the strongest force in the Mid East and in possession of the "world's best" air force and a large, rogue nuclear arsenal, would have no choice but to decolonize Palestine and remain within its own universally recognized borders, which are those that existed before June, 1967, when Israel illegally invaded and began colonizing and ethnically cleansing areas beyond those lines.

For approximately 40 years, the US has vetoed, generally alone (aside from Israel), every UN resolution demanding that Israel comply with this worldwide legal, democratic consensus. The vote is typically 165 countries against the US and Israel, and sometimes five or six other countries (European-conquered lands and some tiny islands such as Micronesia).

Obama has continued the reign of terror and expansion, specifically rejecting, at the UN, the demand for Israel to cease even future settlement activities, let alone abandon its current illegal settlements, all war crimes. This particular resolution was brought at the 15 member Security Council, and received 100% approval aside from Obama's isolated vote of rejection, which is enforceable only due to the US dedication to terrorism and democracy-prevention.

On the 25th anniversary of the fall of the Berlin Wall, Palestinians have tried to call attention to the wall that still exists, the illegal US-backed wall that Israel is building and using as one of its means of illegally annexing Palestinian territory. Dr. Noam Chomsky, for one, has pointed out that if the wall were about security and not illegal expansionism, it could simply be made gigantic and utterly impenetrable, and be put on Israel's legal border, which countries are allowed to do.

War Whore

Armistice Day rebranded to celebrate the glory of war

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© wikipedia
Happy Veterans Day, everyone! From the looks of it, Veterans Day is about the glory of war, the bravery of our soldiers, the awesomeness of our discounts! But it turns out that the way we celebrate this holiday has nothing to do with the way the holiday was intended.

1. It wasn't even called Veterans Day. Veterans Day used to be called Armistice Day and was a commemoration of when, on "the eleventh hour of the eleventh day of the eleventh month" of 1918, the allies and Germans negotiated a cessation of hostilities to what would later be called World War I. On November 11th, 1919, President Woodrow Wilson observed the one year anniversary of Armistice Day in a speech.
To us in America, the reflections of Armistice Day will be filled with solemn pride in the heroism of those who died in the country's service and with gratitude for the victory, both because of the thing from which it has freed us and because of the opportunity it has given America to show her sympathy with peace and justice in the councils of the nations.

Comment: For all the celebrations and 'thanks', the reality of the lives of veterans speaks volumes about what the psychopaths in power really think of these service men and women. They are simply cannon fodder for the elites global wars of terror:

Dying vet's 'F*** You' letter to George Bush & Dick Cheney needs to be read by every American

Thank a war veteran but don't feed one?


Yoda

Putin's APEC speech: Increased cooperation with Asia and how trading in rubles and yuan will weaken dollar

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Vladimir Putin took part in a meeting of the Asia-Pacific Economic Cooperation (APEC) Forum's CEO Summit on the Asia-Pacific region's significance for Russia.

Mr Putin said, in particular, that Russia views cooperation with the Asia-Pacific region as a strategic priority. The President also told summit participants about Russia's plans to expand its cooperation with Asia-Pacific region countries, including through increased trade and investment incentives.


Quenelle

Putin insists on full, unbiased investigation into crash of Flight MH17

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© EPA/SANDER KONING
Vladimir Putin says claims that the crash site of the Malaysian Boeing in eastern Ukraine is under militia's control are ungrounded

Russia, just like Malaysia, insists on a full-fledged and unbiased investigation into the tragic incident with the Malaysian passenger aircraft, which crashed in Ukraine's east over three months ago, Russian President Vladimir Putin said at a meeting with Malaysian Prime Minister Najib Razak in the Chinese capital on Monday.

"Russia just like Malaysia insists on a full-fledged, unbiased and all-embracing investigation into this catastrophe in full compliance with the UN Security Council resolution," Putin said, adding that "claims that the territory of the crash is under control of the so-called pro-Russian separatists are absolutely ungrounded."

Military forces are shooting constantly at the Boeing crash site in Ukraine's war-torn east, and that hampers full-scale operation at the crash site, Putin added.

"But in any case we welcome that Malaysian specialists are finally permitted to full-format participation in the probe, but not only in the work of the so-called technical committee. I am confident that our specialists will also make their necessary contribution in full-scale investigation of this tragedy," the Russian president noted.

Putin also offered condolences to the families of those who died in the air crash. "I would like to offer sincere condolences to the families of air crash casualties and all friendly people in Malaysia over the crash of the Malaysia Airline jet in east Ukraine on July 17," Putin said.