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The Euro Is Bankrupt, Not the Drachma

June 24th, 2015

Lyndon LaRouche

June 17 (EIRNS) With the Greek Paliament's Debt Truth Commission having just found Greece's entire debt to the Troika to be "illegitimate and odious," EIR Founding Editor and economist Lyndon LaRouche today called attention to the "overall picture on euro debt."

"You cannot sustain the euro system, it is intrinsically bankrupt," LaRouche said. "If you base a 'debt deal' on that system-any 'debt deal,' that deal will fail. The fraud of what Wall Street and London banks are calling 'their debt assets,' has to be eliminated, because populations-not only the Greeks-are being beaten down by worthless claims. Cancel those claims.

"Relieve the nations of the claims of this speculation, these 'investments' in gambling bets, and an opening is created for internal economic development of European nations and the United States.

"The solution is an international policy of Glass-Steagall banking; agreements among these nations to implement Glass-Steagall principles. "Most important by far:" LaRouche said, "Restore the Glass-Steagall Act to force in the United States. That is the driver for this whole effort. That opens up the issuance of national credit for productivity and development."

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UN Report on Israel's Summer 2014 Gaza War

June 24th, 2015

by Stephen Lendman

The so-called UN Independent Commission of Inquiry (COI) on Israel's 2014 Gaza war had it both ways in its report instead of outright condemning what the whole world knows.

Operation Protective Edge (OPE) was cold, calculated Israeli naked aggression on 1.8 million near defenseless Gazans held hostage since 2006 by Israel's blockade - helpless fish in a barrel to mass murder at will.

OPE had nothing to do with Hamas rockets or bogus claims about it being a terrorist organization. It had everything to do with preventing Palestinian statehood and maintaining brutal, illegal military occupation, among other objectives.

Former New York Supreme Court justice Mary McGowan Davis headed the three-member COI after human rights law expert Professor William Schabas resigned under pressure. Israel's Geneva-based UN envoy, Eviator Manor, lied accusing him of a "blatant conflict of interest."

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Obama Wants Regime Change in Ecuador

June 24th, 2015

by Stephen Lendman

Obama is no man of the people. He never was throughout his political career. He serves powerful monied interests exclusively.

As an Illinois state senator, he represented Chicago real estate interests at the expense of Black communities they wanted gentrified. He disgraces the office he holds. He remains a front man for wealth, power and privilege. Earlier, Partnership for Civil Justice Fund executive director Mara Verheyden-Hilliard called the "defining feature of (his presidency) the eagerness with which it embraced the stunning evisceration of civil rights and liberties that was a hallmark of the Bush administration, and then deepened those outrageous programs. He has successfully counted on the acquiescent silence of the liberals."

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New York Times Big Lies

June 24th, 2015

by Stephen Lendman

The Times is an establishment publication - a lying machine, a mouthpiece for powerful monied interests at the expense of popular ones.

Hard truths are suppressed. Managed news misinformation substitutes. Readers are systematically lied to on issues mattering most.

Times editors, correspondents and contributors aren't journalists. They're guardians of wealth, power and privilege. On January 22, two editorials willfully lied about Vladimir Putin and America's economy.

A previous article discussed Putin straight talk v. Obama double talk. It discussed what The Times and other media scoundrels never explain - the truth about Putin's forthrightness, his advocacy for peace and stability and support for mutual cooperation among all nations v. Obama's serial lying and war on humanity.

Not according to Times editors. Bashing Putin irresponsibly is longstanding practice - this time in part trying to denigrate the impressive St. Petersburg International Economic Forum (SPIEF) attended by a record 10,000 participants from around 120 countries, including numerous corporate CEOs and top government officials - defying US sanctions.

Over 200 contracts were signed with Russian companies worth $5.4 billion during the three-day event ending Saturday. Expect many more to follow.

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Tags: big lies

Rightwing Radicalization, Militarization and the Boomerang Effect

June 23rd, 2015

James Petras

Introduction

Throughout Europe, the Middle East and Asia, rightwing governments have increasingly adopted extremist socio-economic policies, slashing social expenditures, labor and welfare legislation, while increasing corporate subsidies and reducing taxes for the elite.

The rightwing has launched increasingly reckless military interventions via-invasions, proxy wars and massive weapon build-ups on the frontiers of Russia, China and Iran, while engaging in military provocations.

In this essay we will outline the scope and depth of rightwing extremism on a global scale, analyze its consequences and then evaluate the successes or failures of the ‘hard right’. In discussing the rise of hard-right socio-economic regimes and policies, we include traditional social democratic parties, which have pursued extremist agendas.

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Israel Ducks Responsibility for Premeditated Naked Aggression on Gaza

June 23rd, 2015

by Stephen Lendman

Israel responded as expected to the UN Commission of Inquiry's (COI) report on last summer's Gaza aggression (Operation Protective Edge).

The whole world knows it waged preemptive dirty war without mercy on 1.8 million Gazans trapped under its illegal blockade.

It bore FULL responsibility for mass slaughter and destruction - including willfully murdering noncombatant men, women, children, infants, the elderly and infirm.

Its three Gaza wars of aggression since December 2008 are some of history's great crimes. Its culpable government and military officials remain unaccountable because US and key European leaders turn a blind eye to its atrocities. A separate article discussed the UN's COI report - accusing Israel of war crimes, unjustly blaming Palestinian fighters as well, ignoring their courageous self-defense against overwhelming odds.

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Israel's Response to Everything: Collective Punishment

June 23rd, 2015

by Stephen Lendman

International law is clear. Fourth Geneva's Article 33 states:

"No protected person may be punished for an offence he or she has not personally committed. Collective penalties and likewise all measures of intimidation or of terrorism are prohibited."

It doesn't matter. Israel systematically ignores all international human rights, humanitarian and other laws it objects to - as well as dozens of earlier Security Council Resolutions condemning or censuring its actions and demanding they end, none in recent years because of US vetoes. It attacks entire Palestinian communities because of alleged crimes committed by one or more residents. It wages wars based on phony pretexts. It commits numerous other high crimes against humanity because it knows who'll stop its abusive practices.

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Your Radiation This Week No 12

June 23rd, 2015

by Bob Nichols

June 12 to June 19, 2015

(San Francisco) Jun 19, 2015 – Good Day, this is “Your Radiation This Week.” These are the recorded Radiation Highs that affected people this week around the United States and in your neighborhood. Let’s get right to it.

Storm on Kebler Mountain - Colorado
Storm on Kebler Mountain – Colorado
RADIATION CPM* CITY STATE

*Listed in Counts per Minute, a Count is One Radioactive Decay Registered by the Instrument.

Partial Counts are noted. Uncounted radiation would make the actual Count higher.

Normal Radiation is 5 to 20 CPM. [6]
488 CPM Concord, NH Gamma and Beta Radiation Combined.
342 CPM Boston, MA Partial Radiation Data Only.
296 CPM New York City, NY. Partial.
624 CPM Pittsburgh, PA. Gamma and Beta Radiation Combined. Welcome

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Tags: radiation

“Sentence First, Verdict Afterwards”: The Alice in Wonderland World of Fast-tracked Secret Trade Agreements

June 23rd, 2015

by Ellen Brown

Let the jury consider their verdict,’ the King said, for about the twentieth time that day.

`No, no!’ said the Queen. `Sentence first–verdict afterwards.’

`Stuff and nonsense!’ said Alice loudly. `The idea of having the sentence first!’

`Hold your tongue!’ said the Queen, turning purple.

`I won’t!’ said Alice.

`Off with her head!’ the Queen shouted at the top of her voice.

— Lewis Carroll, “Alice’s Adventures in Wonderland”

Fast-track authority is being sought in the Senate this week for the Trans-Pacific Partnership (TPP), along with the Trade in Services Agreement (TiSA) and any other such trade agreements coming down the pike in the next six years. The terms of the TPP and the TiSA are so secret that drafts of the negotiations are to remain classified for four years or five years, respectively, after the deals have been passed into law. How can laws be enforced against people and governments who are not allowed to know what was negotiated?

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Israel Bombs Lebanon

June 22nd, 2015

by Stephen Lendman

Sunday reports indicate an Israeli warplane bombed a remote Lebanese Bekaa region to destroy one of its drones apparently downed.

An IDF spokeswoman declined to comment. A Lebanese security source said it's not entirely clear what happened "but most probably it was an Israeli airstrike to destroy its downed drone" - whether because of mechanical failure or by Hezbollah isn't known.

America, its rogue NATO partners and Israel unilaterally or together bomb other nations in blatant violation of international law.

The latest Israeli incident may be nothing more than what's reported. At minimum, it reflects illegal Israel surveillance or other unauthorized flights over a sovereign nation as well as bombing its territory - whatever the reason.

None are acceptable. Multiple Israeli violations of Lebanese air space occurs daily. Israeli warplanes bomb Syria and its border areas with Lebanon at its discretion - for any contrived reason it chooses. These are lawless belligerent acts short of full-scale war. More on this below.

Mossad is notorious for carrying out targeted assassinations - numerous times throughout Israel's history. In recent years alone, car bombings and other means were used against Palestinian, Hezbollah and other officials regionally. In 2004, Israel killed Yasser Arafat by polonium poisoning.

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