Category: Canada

Dollar Will Collapse From Washington’s ABUSE of Its ROLE as Reserve Currency: China Will Defeat US Without Arms Race

Dr. Paul Craig Roberts on

The Virtual Recovery Since mid-2009 the US has been enjoying a virtual recovery courtesy of a rigged inflation measure that understates inflation. The financial Presstitutes spoon out the government’s propaganda that prices are rising less than 2%. But anyone who purchases food, fuel, medical care or anything else knows that low inflation is no more real that Saddam Hussein’s weapons of mass destruction or Gadhafi’s alleged attacks on Libyan protesters or Iran’s nuclear weapons. Everything is a lie to serve the power-brokers. During the Clinton administration, Republican economists pushed through a change in the way the CPI is measured in order to save money by depriving Social Security retirees of their cost-of-living adjustment. Previously, the CPI measured the change in the cost of a constant standard of living. The new measure assumes that consumers adjust to price increases by lowering their standard of living by substituting lower quality, lower priced items.

Unfolding Human Catastrophe in Iran: West’s Sanctions Could Lead to Another Humanitarian Crisis in the Middle East

Muhammad Sahimi & Eskandar Sadeghi-Boroujerdi on

Sanctions imposed on Iran’s banks and financial institutions could lead to a humanitarian crisis. During their debate about foreign policy last Monday, President Barack Obama and his Republican challenger Mitt Romney both agreed that the crippling unilateral sanctions imposed on Iran by the the United States and its allies must continue, until the Islamic Republic recalibrates its nuclear ambitions. Both seem to have also adopted Israeli Prime Minister Binyamin Netanyahu’s favoured refrain that “Iran must not be allowed to acquire a nuclear capability” and that such a capability constitutes a “red line” not to be crossed at any cost. Previously the inveterate refrain had been “Iran must not be allowed to acquire a nuclear weapon”. The definition of “capability” has continued to remain vague and ill-defined, and a number of analysts have concluded that the Islamic Republic is already nuclear capable and has all the necessary components it would need in order to assemble a bomb if it so desired. Once a country has mastered enrichment technology it is generally accepted that the decision to weaponise largely becomes a political one.

US, “the second most dangerous nation after Israel,” Secretly Deployed Nuclear Missiles to OKINAWA Aimed at CHINA

The 4th Media News on

In a recent speech, Chomsky examined topics largely ignored or glossed over during the presidential campaign: China, the Arab Spring, global warming, nuclear proliferation, and the military threat posed by Israel and the U.S. versus Iran. He reflects on the Cuban missile crisis, which took place 50 years ago this week and is still referred to as “the most dangerous moment in human history.” He delivered this talk last month at the University of Massachusetts in Amherst at an event sponsored by the Center for Popular Economics. Chomsky’s talk was entitled “Who Owns the World?”