Category: EU

The so-called “Arab Spring” Pays Back in Dollars: Arabs Answer to the US Violence

Tov Roy on

Once upon a time, there was a Kingdom of Justice and Light. The kings served there in periods of four years and insisted on being called “Mr. President.” That was true until the year 2000, when the son of a former king was chosen to office by the voice of a single Justice who had been appointed by his father. From that moment onwards, it had become pretty close to a formal kingdom. Yet, they didn’t define themselves as such; they claimed that they were the world’s most powerful country, and prided themselves on their democracy. They weren’t exactly a democracy of the people […]. They were a democracy of corporations. These organizations were recognized by the kingdom as judicial persons, and were those guiding and funding the government’s behavior. Many of these soulless persons were rather innocent, busying themselves in the science of preparation of greasy hamburgers and similarly useless tasks. However, the largest and most powerful among them made money out of war.

The Telegraph’s Breaking News: Armada of British-US Naval Power Massing in the Gulf as ISRAEL Prepares to Attack IRAN

Sean Rayment on

An armada of US and British naval power is massing in the Persian Gulf in the belief that Israel is considering a pre-emptive strike against Iran’s covert nuclear weapons programme. Battleships, aircraft carriers, minesweepers and submarines from 25 nations are converging on the strategically important Strait of Hormuz in an unprecedented show of force as Israel and Iran move towards the brink of war. Western leaders are convinced that Iran will retaliate to any attack by attempting to mine or blockade the shipping lane through which passes around 18 million barrels of oil every day, approximately 35 per cent of the world’s petroleum traded by sea. A blockade would have a catastrophic effect on the fragile economies of Britain, Europe the United States and Japan, all of which rely heavily on oil and gas supplies from the Gulf.

A New Banker Bailout Disguised As QE3: Another Latest Huge Transfer of Wealth from the Middle Class to the Elite in US

Alex Jones & Paul Joseph Watson on

While Ben Bernanke’s announcement that the Federal Reserve will embark on an open ended scheme to purchase $40 billion in mortgage-backed securities each month has been touted by the establishment media as the beginning of “QE3″ it is in fact nothing less than another banker bailout in disguise. While many have rightly attacked the Fed’s policy of printing money as a band aid that does little to solve the economy in the long term, this new move isn’t even about that. The policy announced yesterday will merely see the Fed use taxpayer money to purchase more bad debt in the form of junk mortgage-backed derivative based securities that have been sold over and over again. This has nothing to do with getting the economy going again and will only serve as yet another huge wealth transfer from the middle class to the elite. While the fed claims the move will facilitate more lending it will do nothing of the sort. As the China Securities Journal reports today, “QE3 is not likely to result in more loans.”