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What is really going on in this world? War making banksters vs the rest of world. Fight!

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  • What is really going on in this world? War making banksters vs the rest of world. Fight!

    JULY 10, 2015 by MIKE WHITNEY

    There’s been a virtual blackout of news from this year’s seventh annual BRICS summit in Ufa, Russia. None of the mainstream media organizations are covering the meetings or making any attempt to explain what’s going on. As a result, the American people remain largely in the dark about a powerful coalition of nations that are putting in place an alternate system that will greatly reduce US influence in the world and end the current era of superpower rule.

    Let’s cut to the chase: Leaders of the BRICS (Brazil, Russia, India, China and South Africa) realize that global security cannot be entrusted to a country that sees war as a acceptable means for achieving its geopolitical objectives. They also realize that they won’t be able to achieve financial stability as long as Washington dictates the rules, issues the de facto “international” currency, and controls the main levers of global financial power. This is why the BRICS have decided to chart a different course, to gradually break free from the existing Bretton Woods system, and to create parallel system that better serves their own interests. Logically, they have focused on the foundation blocks which support the current US-led system, that is, the institutions from which the United States derives its extraordinary power; the dollar, the US Treasury market, and the IMF. Replace these, the thinking goes, and the indispensable nation becomes just another country struggling to get by. This is from the Asia Times:
    “Leaders of the BRICS… launched the New Development Bank, which has taken three years of negotiations to bring to fruition. With about $50 billion in starting capital, the bank is expected to start issuing debt to fund infrastructure projects next year. They also launched a foreign-exchange currency fund of $100 billion.
    The two new endeavors are statements that the five largest emerging markets are both looking out for each other and, simultaneously, moving away from the western financing institutions of the World Bank and International Monetary Fund.

    “The BRICS states intend to actively use their own resources and internal resources for development,” Putin said, according to Reuters. “The New (Development) Bank will help finance joint, large-scale projects in transport and energy infrastructure, industrial development.”…..Birthing the two initiatives in Russia had been Putin’s top priorities.”
    (“Russia’s Putin scores points at Ufa BRICS summit“, Asia Times)
    Can you see what’s going on? Putin has figured out the empire’s vulnerabilities and he’s going straight for the jugular. He’s saying: ‘We’re going to issue our own debt, we’re going to run our own system, we’re going to fund our own projects, and we’re going to do it all in our own currency. Kaboom. The only thing you’re going to be doing, is managing your own accelerating economic decline. Have a good day.’ Isn’t that the gist of what he’s saying?

    So can you see, dear reader, why none of this is appearing on the pages of US newspapers or on US television. Washington would rather you didn’t know how they’ve bungled everything by alienating the fastest growing countries in the world.

    The Ufa conference is a watershed moment. While the Pentagon is rapidly moving troops and military hardware to Russia’s borders, and one bigwig after another is bloviating about the “Russian threat”; the BRICS have moved out of Washington’s orbit altogether. They are following the leadership of men who, frankly speaking, are acting exactly like US leaders acted when the US was on the upswing. These are guys who “think big”; who want to connect continents with high-speed rail, lift living standards across the board, and transform themselves into manufacturing dynamos. What do America’s leaders dream about: Drone warfare? Balancing the budget? Banning the Confederate flag?
    It’s a joke. No one in Washington has a plan for the future. It’s all just political opportunism and posturing. Check this out from The Hindu:
    “China and Russia have described BRICS, the Shanghai Cooperation Organisation (SCO) and the Eurasian Economic Union (EAEU) as the core of a new international order…
    Russian President Vladimir Putin said… “There is no doubt — we have all necessary premises to expand the horizons of mutually beneficial cooperation, to join together our raw material resources, human capital and huge consumer markets for a powerful economic spurt.”

    Russia’s Tass news agency also quoted Mr. Putin as saying that the Eurasian continent had vast transit potential. He pointed to “the construction of new efficient transport and logistics chains, in particular, the implementation of the initiative of the Silk Road economic belt and the development of transportation in the eastern part of Russia and Siberia. This may link the rapidly growing markets in Asia and Europe’s economies, mature, rich in industrial and technological achievements. At the same time, this will allow our countries to become more commercially viable in the competition for investors, for creating new jobs, for advanced enterprises,” he observed.”….
    The summit also acknowledged “the potential for expanding the use of our national currencies in transactions between the BRICS countries.” (“BRICS, SCO, EAEU can define new world order: China, Russia“, The Hindu)
    The dollar is toast. The IMF is toast. The US debt market (US Treasuries) is toast. The institutions that support US power are crumbling before our very eyes. The BRICS have had enough; enough war, enough Wall Street, enough meddling and hypocrisy and austerity and lecturing. This is farewell. Sure, it will take time, but Ufa marks a fundamental change in thinking, a fundamental change in approach, and a fundamental change in strategic orientation.

    The BRICS are not coming back, they’re gone for good, just as Washington’s “pivot to Asia” is gone for good. There’s just too much resistance. Washington has simply overplayed its hand, worn out its welcome. People are sick of us.
    Can you blame them?

  • #2
    Max Keiser ‏@maxkeiser 2 минуты назад
    Greek creditors don't want any cash, they want the assets.


    • #3
      Well, if it's 'us vs. them' - I believe 'they' will lose. More of 'us', less of 'them'.


      • #4
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        • #5
          July 16, 2015 by Phil Butler

          It’s almost over. My colleague from Holland and I decided in my garden last night, America has been ultimately isolated from most of the rest of the world now. Barack Obama and a few well placed neocons have managed to accomplish what empires could not. We’re betrayed from within, the world is truly sick and tired of American hegemony and bullying, and a new star is rising to the East, a familiar one by now.

          When Russian President Vladimir Putin gave a press conference at the BRICS and Shanghai Cooperation Organisation (SCO) summits in Ufa the other day, I noticed a familiar smile. Not that I am the Putin analyst mind you, but a visibly tired leader could not hide the unmistakable signs he’d won a substantial victory. Aligned with two thirds of the world’s people now, Russians are at the center of the world stage, not New Yorkers or California’s in crowd. The heads of 15 countries from three continents met in Ulfa to announce their individual and collective coming out, out from underneath the shadow of the United States’ business interests.

          America is not even in the top 20 any more for world reputation (Reputation Institute 2015) Mr. Putin’s meetings in front of and behind closed doors culminated in concrete agreements to not only situate these associations onto the international stage, but to establish a framework for cooperation in foreign policy, establish expanded mutual trade, and for a vast array of investment and technology exchange potential. Without declaring it so, Russia and these other countries effectively excluded the United States and her allies from a immeasurable potential. The so-called “emerging world” is the new world, sure as hell. But there’s more… to quote from Mr. Putin’s summary address:
          “…for the first time in the 15 years of the SCO, the decision was made to increase the number of members. We signed documents to begin the accession of India and Pakistan. Therefore, the SCO’s capabilities to react to modern threats and challenges will grow. The organisation’s political and economic potential will significantly expand.”
          Please understand the significance here. On one side of the economic-strategic coin we have the United States and an ever more fragmented alliance of western nations. On the other side it’s fair to assess a progressive group with virtually untold resources and potential. Once mortal enemies, such as India and Pakistan, are now aligned in mutual interest for the betterment of people in those countries. Looking at India and China in particular, once these countries were on a collision course for conflict, but today we see each logically aligned. The advantage and synergy are clear, North America is now the island, and Britain has a long since overdue insignificance, while the EU simply struggles to remain afloat.

          Chancellor Angela Merkel gives Germany’s Bundestag the pep talk July 1 (Tobias Koch via CDU website) All things considered, adding Eurasian Economic Union’s bid at overthrowing the dollar as the top world currency is a clear enough sign my countrymen are in big trouble. My Dutch friend, the strategist, he offered up what could be a coup de grâce for American hegemony yesterday too. And in this, sadly, Holger Eekhof may be right. Speaking on the German-America relationship, Eekhof sharply condemned recent Washington administrations:
          “If the Germans throw America out of the country, which they may well do, it is over Phil. It is not Germany that is so dependent on the US, but the reverse. America is now isolated and in trouble.”
          I have to agree, and especially given latter developments in between the US, Germany, and the IMF over Greece. It’s abundantly clear some midnight meeting over the Greece exit took place in the wake of the Greek referendum, but the IMF threatening to strand Angela Merkel and the Germans over the bailout? This Reuters report cements Eekhof’s contention. Now the pieces begin to fall in place. The new economic playground is set for Mr. Putin and the BRICS to surface, the IMF leveraging geo-strategy over the EU and Greece (backed by US and Brit bankers), and Germany is forced into the toughest game of all. behind the scenes, already the FOREX and stock changers are at work again, making their billions betting on news from Greece. The chart below shows what happens in Shanghai and Tokyo when the Greek vote in parliament sided with the EU and IMF side.

          On the news PMs voted yes to new austerity and bailout – stocks in Asia climbed substantially. Merkel is confronted by Frankfurt bankers with their hands out, an America with no good intentions (see NSA spying game) trying to force her to commit economic suicide, and the remaining world sailing away with Vladimir Putin at the helm. As Eekhof told me yesterday, “it will take only one missed step, and America is done on the European stage too.” He’s right, without Germany as a base of operations (economic or military) Putin may as well have reinvented the USSR, and then some. The sad part is 99% of Americans know nothing of geopolitics, and 100% of the country still believe we are in the 80’s. We are not.
          Mr. Putin outlined for a reporter from Russia One, the dangerous situation for the American and world economies. Speaking about Russian and BRICS economic difficulties, and on the EU-Greece mess, the Russian president commented on America’s debt situation:
          “The growth rate in the United States has slowed too, and it’s a well-known fact that its sovereign debt is larger than its GDP. If memory serves, its GDP equals US$ 17.8 trillion, and its sovereign debt has reached US$ 18.2 trillion. This is a serious problem not only for the United States but also for the global economy.”
          Sooner or later Americans (and Germans) are going to have to face facts. Most western democracies have been “feeding” off other countries at the core level of society. Subsidized gas prices, rampant and unsustainable consumerism driven by greedy corporations, and a collective dumbing down of the citizenry will soon have catastrophic consequences. For decades Americans have consumed a disproportionate glut of world natural resources. Every house in the United States is full to the attic rafters with cheap, environmentally disastrous plastic junk. Smart phones discards are a prime business, the garbage dumps are full, and steaming the last grimy bits of oil shale from exhausted oil wells is fueling the death throes of the greatest nation on Earth to date. The infographic below tells the tale on this, North America with Western Europe consume 60% of the world’s resources, while half the world outside these regions live on about $2 a day. It’s actually a miracle the emerging world took so long to strike back if you think about it.

          So what’s the answer, what’s the end game for western leadership? There are no easy answers, successive White House administrations have all but doomed America’s chances to lead the world into a new era. Looking at the IMF, the Bretton Woods glee club, they’re trying to force Germany to back €90 billion more euro to bail out Greece. This will end up not only breaking the banks, but the people of the EU already suffering from massive devaluation in “living power”. Credit for the potential home owner in Germany and other states has all but dried up, taxes eat away at every small entrepreneur, and Brussels funds projects aimed at defending against Russia a sub-continent already lost to austerity and deflated hopes. Many of the problems we now face can be traced back to IMF or Bretton Woods history, but most notably something called the Nixon Shock.
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          April 1970, President Nixon tells the American people about the necessity for the Cambodia Campaign to defeat the Viet Cong Without boring the reader with needless history lessons here, suffice it to say we’re now at the end of a “paper money” catastrophe put in place by money lenders. The Nixon Shock took place when an American president made the US dollar effectively worthless by ending it’s being backed by pure gold. The IMF system set in place after WW II is in reality useless today because of so-called on freely floating fiat currency values, as compared to those backed by cold hard equity like gold, silver, and/or such precious resources as diamonds or land. Then president Nixon went on national TV to tell the American people the simple effect of this move was to stabilize the dollar. And it did. But the move did so by making dollars into an imaginary value, a currency based on hot air, worth whatever some bankers said it was worth. As we are beginning to see, this world currency is really worth nothing at all if the rest of the world denies it.
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          Christine Lagarde, Managing Director, International Monetary Fund (IMF) After more than 18 months of open economic and political warfare against Vladimir Putin and Russia, the winner is emerging.

          The desperate media push by the mainstream in the west, unreason at every turn by Barack Obama and his constituents, it’s all a foul game now being spotlighted. The IMF’s Christine Lagarde (above) was named by Forbes as the 5th most powerful woman in the world just last year, but the question remains, “powerful for what purpose?” Many would say as an instrument of powerful bankers in the western hemisphere AND for American policy maneuvers. This report by Karen Maley of the Financial Review shines more light on the Greek bailout folly. But the folly this time is a last ditch effort to keep Greece in the NATO herd, and at least marginally out of Putin’s Eurasian Economic Union. Short version, Obama and the neocons were terrified the EU would give up on Greece, and that the hegemony with Europe in tow would end abruptly. Legarde is being heralded as the savior of Greece recovery today (Her majesty’s Guardian says so), but in reality she saved the day for the White House and Buckingham Palace, or at the bequest of both. Merkel is actually the only EU leader who fully understands the folly of this bailout scam.

          Putin has increased Russia’s gold reserves by 100 tons per year since 2012. However positive recuperating detente may appear to be today though, the Obama administration has irretrievably hurt America. The fact Germany’s Merkel was dead set against the IMF bailout strategy tells us being the illegitimate stepchild of US policy no longer sits well with the Germans. Apparently the Americans and Brits are pulling out the French card to further the game that is already over, the globalization ship sailed years ago, America cannot survive in its current state without the community.

          And the community has been leveraged, debt ridden, bombed, sanctioned and brutalized for decades now, the latest signs are from Athens and Greeks feeling betrayed by still more austerity news. In a very real way, Obama and his allies never really stood a chance. That is, unless leadership had chosen the higher ground. The low road, the easy and greedy way, will cost every generation of Americans dearly in the years to come.
          Next time I’ll deal with the real wealth of Asia, and the relative poverty of western resources by comparison, and the international conglomerates so dependent on Russia’s resources.

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