Ever since the 1990s, and especially since the Kosovo war in 1999, anyone who opposes armed interventions by Western powers and NATO has to confront what may be called an anti-anti-war left (including its…
Category: EU
Some four years after the 2008 financial crisis, public trust in banks is as low as ever. Sophisticated investors describe big banks as “black boxes” that may still be concealing enormous risks—the sort that could…
Who does the US money belong to? The United States is the only state in the world destitute of the right to issue its own currency. The role of central bank is carried…
Dear American: Pursuant to your request, I will attempt to clear up questions you have about the Federal Reserve Bank (FED). I spent much time researching the FED and these are the shocking and revealing conclusions. THE FEDERAL RESERVE BANK IS A PRIVATE COMPANY. Article 1, Section 8 of the Constitution states that Congress shall have the power to coin (create) money and regulate the value thereof. Today however, the FED, which is a privately owned company, controls and profits by printing money through the Treasury, and regulating its value. The FED began with approximately 300 people or banks that became owners (stockholders purchasing stock at $100 per share – the stock is not publicly traded) in the Federal Reserve Banking System. They make up an international banking cartel of wealth beyond comparison (Reference 1, 14). The FED banking system collects billions of dollars (Reference 8, 17) in interest annually and distributes the profits to its shareholders.
Obama administration’s second term escalates militarism throughout the continent On December 24, the Obama administration revealed plans to deploy 3,500 troops to nearly three dozen African states to purportedly address a looming “al-Qaeda threat.” The soldiers being…
It was reported recently that Senator Harry Reid thinks that the fiscal cliff is coming, saying that Republicans would be to blame “if we go over the cliff, and it looks like that’s where we’re…
One of the Main Indicators of Financial Danger Has Increased The failure to regulate the shadow banking system was one of the causes of the financial crisis. As we noted in 2009, the Bank for International…
The Western media in chorus has described the Israeli attack on Gaza as an ad hoc IDF-led counterterrorism operation, launched on the grounds of “self defense” in response to Palestinian rocket attacks on Israel. While…
Imagine the US inviting the Queen of England to a formal state visit. Yet, the monarch wouldn’t be allowed to see Washington; she would be received at the fanciest McDonald’s branch in New York City. This is exactly what happened to President Obama, the first American ruler to visit Myanmar. Between November 17 and 20, 2012, he visited Cambodia, Thailand and Myanmar. In the latter, he was received at Yangon, the old capital, and not at Naypyidaw, the current one. This wasn’t the only oddity of the visit. American media made a fuzz of President Obama using for the first time the official name of the country, Myanmar.
Until now, the US Government preferred the British imperial name, Burma, which is an awful transliteration of Bamar, the main ethnic group in the country.
The fact that the inhumane sanctions of the United States and its European allies against Iran are taking a heavy toll on the ordinary Iranians is still hard to believe for many Western citizens who…