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Dallas Fed Starts To Call `Depression' as Oil Debt Vaporizes
Lyndon LaRouche
Jan. 25 (EIRNS)--Many sources pointed to the financial mudslide continuing and worsening today; none as poignant as the Dallas Federal Reserve Bank, whose January survey of industrial conditions in Texas and Louisiana found everything collapsing. VCalling the situation "an oil and gas depression," the Fed bank found 21% of all companies had laid off workers and closed facilities, and that every aspect of its survey and forecast were back to their 2009 levels, or worse. {Financial Times} on Jan. 24 headlined "U.S. Junk-Rated Debt Hits Two-Decade Low." The $1 trillion of high-yield debt which is "energy debt" is now worth 56 cents/dollar on average, {FT} says, citing Moody's. Of the production and exploration companies, 11% of their debt was in default in December alone. "Investors are bracing for another spike in bankruptcies," says {FT}. One of the biggest bankruptcies so far appears on for this week; Sandridge Resources, which has a debt of $4 billion.
Human Rights Watch Blasts Illegal Israeli Settlements
Stephen Lendman
Israel’s settlement project flagrantly violates international law. Over 600,000 settlers occupy stolen Palestinian land.
Fourth Geneva prohibits an occupying power from transferring its citizens to the territory it occupies, as well as displacing people from their land to permit it.
Lawless development has been ongoing for nearly half a century. Israel wants all valued Judea and Samaria land exclusively for Jews, Palestinians ethnically cleansed to facilitate it - increasingly isolated, their fundamental rights systematically violated. On Sunday, Netanyahu reiterated his support for unlimited settlement expansion, saying “(t)he government supports settlements at any time, especially now when it is under terrorist assault and is taking a courageous and determined stand in the face of terrorist attacks.”
Phony US Claims About Putin’s Corruption
Stephen Lendman
Relentless US Putin bashing persists, reckless accusations made - including invading Ukraine and murder, evidence backing up claims absent. None exists.
Putin is vilified for forthrightly defending Russian sovereign independence, supporting a multi-polar world, and challenging Washington’s imperial agenda - at the same time seeking world peace and stability along with mutual cooperation among all nations.
Comments by US officials reflect administration policy. Britain’s BBC is state-owned, controlled and operated. Propaganda substitutes for credible news and information.
U.S. & Allies Make bin Laden Admirer a Negotiator in Syria Peace Talks
On January 25th, which was the date when peace talks on Syria were to start, U.S. Secretary of State John Kerry insisted that the organization founded by Osama bin Laden admirer, Zahran Alloush, represent the anti-Assad forces in the upcoming Syrian peace talks, and Russian Foreign Minister Sergei Lavrov very reluctantly accepted.
Alloush had founded and led the jihadist organization, Jaysh al-Islam. Wikipedia says "Jaysh al-Islam ex-leader Zahran Alloush gave a speech on the merits of Hajj in 2013 and praised Usama bin Laden, addressing him by the honorific 'Sheikh' and the honorific 'rahimahu Allah. ... Alloush addressed the Al-Qaeda organization Jabhat al-Nusra as 'our brothers’.” Al-Nusra had helped in carrying out a U.S.-Turkish-Saudi-Qatari arranged sarin gas attack in August 2013 that President Obama blamed on Assad and that Obama still cites as his reason and justification for bombing Assad’s army. Even when Obama entered the White House in 2009, he was aiming to find a way to remove Syria’s President, Assad, from power. Setting up this gas-attack (and blaming it on Assad) turned out to be the way to make that possible
US Wants Russia Transformed into a US Vassal State
Stephen Lendman
Washington tolerates no governments it doesn’t control, wanting pro-Western vassal states replacing sovereign independent ones - notably Russia and China, both countries targeted for regime change.
Neocon/super-hawk former US Deputy Defense Secretary and World Bank president Paul Wolfowitz earlier explained Washington's “first objective is prevent(ing) the re-emergence of (rival states), either on the territory of the former Soviet Union or elsewhere.”America seeks unipolar/New World Order dominance, pursuing a policy of state terrorism globally, wanting control over all other nations, threatening world peace, stability and security.
Putin Calls Out Obama on a Big Lie
Eric Zuesse
“In 2009, US President Obama said that the missile defense only serves as protection from Iranian nuclear missiles. But now there is an international treaty with Iran that bans Tehran from developing a potential military nuclear project. The International Atomic Energy Agency is controlling this, the sanctions against Iran are lifted – but still the US are working on their missile defense system. Only recently a treaty with Spain was signed, a deployment in Romania is being prepared, the same will happen in Poland in 2018, and in Turkey, a radar unit is being installed.”
Russian President Vladimir Putin said that in an interview with Germany’s Das Bild, published on January 11th, but the press has ignored this very serious charge — an accusation of deception, bad faith, outright lying, on the part of the U.S. President.
State-Sponsored Murders at Guantanamo
Stephen Lendman
Guantanamo is one of numerous US global black sites operating extrajudicially - torture and other forms of abuse still ongoing, major media entirely silent.
Obama could have closed all US torture prisons by executive order on day one in office. He chose to keep them operating.
His pledge to close Guantanamo during his first year in office was deliberate deception. The evidence speaks for itself.
Washington operates solely by its own rules. International, constitutional and US statute laws don’t matter. Former Guantanamo guard Joseph Hickman believes Guantanamo officials wanted prisoners causing “problems for the command” by leading hunger strikes or other forms of resistance silenced. More on him below.
B’Tselem Researcher Persecuted by Israel
Stephen Lendman
Israel tolerates no criticism of its longstanding brutality against Palestinians, terrorizing and imprisoning thousands for political reasons, extrajudicially executing targeted individuals.
Israel arrested B’Tselem researcher Nasser Nawaj’ah days earlier. He committed no crimes. On Thursday, Jerusalem District Court Judge Moshe Yoed Hacohen ordered his immediate release.
Israel refused, continuing to illegally detain him. His lawyer Gaby Lasky filed an urgent motion under the Contempt of Court Ordinance against Samaria and Judea district police.
NYT Misreporting on Syria
Stephen Lendman
.The Times consistently suppresses what’s most important to report, notably on geopolitical issues. Managed news misinformation substitutes, willful deception.
On January 23, it discussed Washington’s (sinister) alliance with Saudi Arabia on Syria, a code-named Timber Sycamore - suppressing information on Obama’s war of aggression, launched for regime change, perpetuating the myth about nonexistent moderate Syrian rebels.
According to The Times, “the Saudis contribute both weapons and large sums of money, and the CIA takes the lead in training the rebels on AK-47 assault rifles and tank-destroying missiles” - without explaining so-called “rebels” are ISIS and other terrorist fighters.
The Times ludicrously called the kingdom “the spiritual anchor of the Sunni Muslim world.” Saudi Wahhabi fundamentalism is polar opposite what most Sunni Muslims practice and support - Islam’s most extremist form.
It’s ideologically over-the-top, supporting state-sponsored terrorism, regional violence and chaos, wanting nonbelievers eliminated.
Saudi money indeed fuels war on Syria and elsewhere regionally, along with plenty from America and rogue allies. CIA elements train ISIS and other terrorist fighters in using heavy and light weapons - made in America, other Western countries and Israel.
How the Supreme Court Could Legalize Direct Bribery: An Innocent Behind Bars, A Guilty Man Free
David Swanson
A recent bribery conviction may lead to the U.S. Supreme Court further corrupting the U.S. political system.
How does one even get convicted of bribery in a system that has legalized it to the extent that ours has? Look at Congress members' and other federal office holders' actions and their sources of funding. There is debate only over whether they are bribed to act or rewarded for having acted, but the correlation between action and funding is undisputed, and the sources of funding unrestricted. A headline like "Clinton Foundation Donors Got Weapons Deals From Hillary Clinton's State Department" raises a few eyebrows but no indictments.
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