[The only mention of this guy that I can find on the Internet is this, his first YouTube battlefield report. Whoever is narrating, he is definitely a Brit, NOT an Iraqi, Nor a Syrian, NOT EVEN an Arab. So much for the "al Qaeda in Iraq," or the Levant, or "Sham," or whatever name the CIA dreams-up for these terrorist mercenaries.]

Are the big banks really as powerful as some people say that they are? Do they really control the global economy? If y0u asked most people, they would tell you that governments control the global economy.

But the campaigns of our politicians are funded by the ultra-wealthy, the big banks and the large corporations that they control.

Others would tell you that the Federal Reserve and the rest of the central banks around the world control the global economy. But the truth is that the Federal Reserve was established by the bankers and for the benefit of the bankers.

As you will see below, at the very core of the global economy there exists a "super-entity" of financial institutions that control an almost unimaginable amount of wealth and power.

These financial institutions and the ultra-wealthy individuals behind them are really the ones that are pulling all the strings. In this world money equals power, and the borrower is the servant of the lender. When you follow the pyramid all the way to the top, it begins to become very clear who really is in control.

Jason Burke reveals how the murder of climbers in Pakistan exposes a fresh front in the battle against extremists



The sun had long gone down. Sher Khan, a Pakistani climber on his first major expedition, had been dozing in his sleeping bag for an hour. Above the camp, the snowy flanks of Nanga Parbat, the world's ninth highest mountain, were pale in the deepening night. Suddenly, Khan heard shouts of "Surrender! We are Al-Qaida! Taliban!" then, in Urdu "Where are the Americans?"

Awake now and very frightened, Khan looked out of his tent. Men in camouflage fatigues and carrying AK47s were moving though the camp, pitched at around 3,500m below the famous Diamer Face of what is known among mountaineers as "the Killer Mountain".

Good weather meant most of the 40 mountaineers who had been camping on the lush meadow amid pine trees were high up on the 8,125m peak. But the sick and the tired were not. Nor were the support staff. They were dragged out, tied, lined up and shot. Khan, from a village a few hours drive away, was spared. A Shia cook died. A Chinese climber managed to flee.

"It was so bad, so bad. I was so lucky to get out alive. I still cannot sleep," Khan told the Guardian.

The attack, a month ago, was the first to directly target foreigners in the area. The dead included three Ukrainians, two Slovaks, a Nepali, a Lithuanian, two Chinese and a Chinese-US dual national. It shocked many locally, and made headlines around the world.

A candlelit vigil was held in Gilgit, the local administrative centre 150kms from the site of the attack.

"We wanted to send a message that we are against this killing of innocent tourists. We have such beautiful mountains, beautiful valleys. We want to share them with the world," said Mohammed Zaeem Zia, the local doctor who organised the demonstration.

Rather than expanding the money supply, quantitative easing (QE) has actually caused it to shrink by sucking up the collateral needed by the shadow banking system to create credit. The "failure" of QE has prompted the Bank for International Settlements to urge the Fed to shirk its mandate to pursue full employment, but the sort of QE that could fulfill that mandate has not yet been tried.

Ben Bernanke's May 29th speech signaling the beginning of the end of QE3 provoked a "taper tantrum" that wiped about $3 trillion from global equity markets - this from the mere suggestion that the Fed would moderate its pace of asset purchases, and that if the economy continues to improve, it might stop QE3 altogether by mid-2014. The Fed is currently buying $85 billion in US Treasuries and mortgage-backed securities per month.

The Fed Chairman then went into damage control mode, assuring investors that the central bank would "continue to implement highly accommodative monetary policy" (meaning interest rates would not change) and that tapering was contingent on conditions that look unlikely this year. The only thing now likely to be tapered in 2013 is the Fed's growth forecast.

It is a neoliberal maxim that "the market is always right," but as former World Bank chief economist Joseph Stiglitz demonstrated, the maxim only holds when the market has perfect information. The market may be misinformed about QE, what it achieves, and what harm it can do. Getting more purchasing power into the economy could work; but QE as currently practiced may be having the opposite effect.

Courts cannot second-guess drone strikes that kill U.S. citizens overseas, an Obama administration lawyer argued Friday.

A Republican-appointed judge sounded dubious about the expansive claim, saying she was "really troubled" by assertions that courts are completely shut out of the drone strike debate. But for other legal reasons, the judge also sounded hesitant about a lawsuit targeted at top military and intelligence officials for violating the constitutional rights of U.S. citizens blown up in foreign lands.

"There are instances where wrongs are done, but for one reason or another they cannot be remedied in a civil suit," U.S. District Court Judge Rosemary M. Collyer said.

The American Civil Liberties Union and the Center for Constitutional Rights, representing a family member, have sued former Defense Secretary Leon Panetta and other former officials over the two separate drone strikes that killed three U.S. citizens in Yemen. The Obama administration wants the lawsuit dismissed.

The lawsuit is the latest challenge to the administration's secretive war-fighting practices that have mobilized skeptics on both the right and the left.

CIA could begin shipping arms in the coming weeks after clearance from House and Senate intelligence committees

The CIA could begin shipping arms to Syria in the coming weeks, after two US congressional panels cleared the way for the controversial transfer of weapons.

The White House announced in June that it would provide limited military support for vetted rebel groups, which have recently been struggling in their campaign against President Bashar al-Assad.

Republicans and Democrats on the House and Senate intelligence committees have expressed concerns that arms could end up in the hands of Islamist militants fighting in the region - or not do enough to tip the balance in the civil war.

Mike Rogers, chairman of the House committee, said on Tuesday that the panel had agreed to support the plan to arm the opposition fighters. However, the committee made clear it has only agreed reluctantly and retained serious anxieties about whether Barack Obama's new policy would work.

"The House intelligence committee has very strong concerns about the strength of the administration's plans in Syria and its chances for success," he said in a statement, after Reuters reported the decision. "After much discussion and review, we got a consensus that we could move forward with what the administration's plans and intentions are in Syria consistent with committee reservations."

The chairman of the Senate Judiciary Committee is pushing to fast-track legislation that would require police to obtain a warrant before accessing emails and other private online messages.

Sen. Patrick Leahy's (D-Vt.) goal is for the Senate to unanimously approve his bill before the August recess, according to one of his committee aides. Any opposition could delay a vote until after Congress returns in the fall.

He has secured unanimous support from his fellow Democrats and is in negotiations with Sen. Chuck Grassley (R-Iowa), the Judiciary Committee's ranking member, and other Republicans to address their concerns.

Leahy's aide claimed that even if a floor vote is delayed until after the recess, they are already "way past" the 60 votes they would need to overcome a filibuster and approve the bill, which is co-sponsored by Republican Sen. Mike Lee (Utah).

Gregory Nojeim, a senior counsel for the Center for Democracy and Technology and a supporter of stronger privacy protections, said that the news of the National Security Agency's surveillance programs has given Leahy's bill a new boost of momentum.

As a presidential candidate, Barack Obama promised transparency and open government yet his administration is one of the most closed governments in US history, described as being worse than even the Nixon administration.The technology and information revolution allows the government to cast its net wider than ever before; collecting data, watching, spying and analysing. As revelations of systemic snooping continue to hit the headlines, Empire asks: who is watching the watchers? Joining us as we unpack some of the known unknowns are Oscar-winning film director Oliver Stone, and war reporters Jeremy Scahill and Richard Rowley. We unravel the psychology of secrets with psychiatrist Justin Frank, the author of Obama on the Couch and Bush on the Couch. We look at the impact of state secrets brought to light with Dana Priest, a leading Washington Post investigative reporter on national security and author of two books, including her most recent Top Secret America: The Rise of the New American Security State. We are also joined by Michael Ratner, president emeritus of the Center for Constitutional Rights and an attorney representing Julian Assange and Wikileaks; as well as Evgeny Morozov, an expert on internet and privacy issues, and author of two books: The Net Delusion: The Dark Side of Internet Freedom and his most recent: To Save Everything, Click Here: The Folly of Technological Solutionism.

On Monday, the European Union formally labeled Hezbollah a "terrorist" group.

Why?

Because Hezbollah has gone to war with al-Qaeda.

But wait a minute - wasn't al-Qaeda supposed to be the worst terrorist group in the world? Isn't the West leading a "global war on terror" whose main target is al-Qaeda? Shouldn't the West be thanking Hezbollah, and showering it with rewards, for turning against global terrorist enemy number one?

Apparently not.

Al-Qaeda is now the West's darling in Syria. So anybody who resists al-Qaeda - as Hezbollah recently decided to do - is a "terrorist."

The irony doesn't get any thicker than that.