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Brazil: President Rousseff Declares War on the Working Class

December 13th, 2014

James Petras

Introductions

The Brazilian working class is facing the most savage assault on its living standards in over a decade. And it is not just the industrial workers who are under attack. The landless rural workers, public and private salaried employees, teachers and health professionals, the unemployed and the poor are facing massive cuts in income, jobs and welfare payments.

Whatever gains were made between 2003 – 2013 will be reversed. Brazilian workers face a ‘decade of infamy’. The Rousseff regime has embraced the politics of “savage capitalism” as personified in the appointment of two of the most extreme advocates of neo-liberal policies

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Congress Authorizes Unlimited Spying on US Citizens

December 13th, 2014

by Stephen Lendman

Merriam-Webster call police states "political unit(s) characterized by repressive governmental control of political, economic, and social life usually by an arbitrary exercise of power by police and especially secret police in place of regular operation of administrative and judicial organs of the government according to publicly known legal procedures."

Police state ruthlessness defines today's America. Affirmed by congressional legislation. Executive order diktats.

So called National Security and Homeland Security Presidential Directives.

NSPD-51 lets presidents claim national emergencies. Whether or not warranted. Declare martial law. Suspend constitutional protections. Without congressional authorization.

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Israel Replicates American Ruthlessness

December 13th, 2014

by Stephen Lendman

Partners in crime. Democracy is pure fantasy. Police state ruthlessness defines both countries. Tyranny reflects the law of the land.

Monied interests rule. Hardliners make policy. Moderates don't exist. Elections change nothing. Farcical when held. Special interests control things.

Campaign promises are empty. Ordinary people have no say whatever. Neoliberal harshness is official policy. So is state terror.

Racism is institutionalized. Media propaganda glorifies war in the name of peace. Managed news enlists public support. Aiding and abetting state crimes.

Mind manipulation convinces people to back what demands condemnation. Invasions and occupations are called humanitarian interventions.

Plunder called economic development. Imperial dominance called democracy.

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Chickens Coming Home to Roost

December 13th, 2014

by Stephen Lendman

Over six and a half decades are enough. What can't go on forever won't. Chickens eventually come home to roost. More on this below.

Israeli apartheid exceeds the worst of South Africa's. Reflcting longstanding police state ruthlessness.

Two intifadas expressed Palestinian outrage. Some observers believe a third began. Nonviolent solidarity days of rage show it. The latest December 12 incident suggests more violence to come.

A 45-year-old Palestinian identified as Ab al-Majid Ghayatha threw acid in a car of settlers.

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Bail-In and the Financial Stability Board: The Global Bankers’ Coup

December 13th, 2014

by Ellen Brown


(FSB), in the Bank for International Settlements in Basel, Switzerland

On December 11, 2014, the US House passed a bill repealing the Dodd-Frank requirement that risky derivatives be pushed into big-bank subsidiaries, leaving our deposits and pensions exposed to massive derivatives losses. The bill was vigorously challenged by Senator Elizabeth Warren; but the tide turned when Jamie Dimon, CEO of JPMorganChase, stepped into the ring. Perhaps what prompted his intervention was the unanticipated $40 drop in the price of oil. As financial blogger Michael Snyder points out, that drop could trigger a derivatives payout that could bankrupt the biggest banks. And if the G20’s new “bail-in” rules are formalized, depositors and pensioners could be on the hook.

The new bail-in rules were discussed in my last post here. They are edicts of the Financial Stability Board (FSB), an unelected body of central bankers and finance ministers headquartered in the Bank for International Settlements in Basel, Switzerland. Where did the FSB get these sweeping powers, and is its mandate legally enforceable?

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Ukraine Under Water to IMF

December 12th, 2014

Michael Collins
imfukraine

The Financial Times broke a major story yesterday about the Ukraine and its benefactor, the International Monetary fund. FT revealed the shocking truth of the financial crisis. The $15 bn in IMF loans provided to Ukraine are at risk. Another $17 bn committed and flowing through the IMF pipeline, look like another lost cause.

"The magnitude of the problem became apparent after Ukraine’s central bank announced that its foreign currency reserves fell to only $9.966bn in November, or six weeks import cover. Three months import cover is regarded by the International Monetary Fund as the critical threshold, under which a country becomes vulnerable to a balance of payments crisis. Only $9bn of Ukraine's reserves are in liquid foreign currency, with the rest in bullion, according to the NBU." Peter Spiegel and Roman Olearchyk, FT, Dec 10

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Why Are U.S. ‘News’-Media Ignoring Important News?

December 12th, 2014

Eric Zuesse

On December 5th, it was “U.S. House Votes 98% to Donate U.S. Weapons to Ukraine; U.S. Public Is 67% Against. Is this Democracy?”

On December 6th, it was “Ukraine Receives New Weapons.”

On December 7th, it was “NATO Prepositions Weapons In Poland for Attack on Russia.”

Are the public supposed to be surprised when the war between NATO and Russia starts? Because it is already a hot war, and it has already begun in Ukraine; it’s being waged between the invading Ukrainian Government, proxying for Obama after his successful coup to take over that Government, and the defending breakaway region of the former Ukraine, proxying for Putin (because the Obama-installed leaders of Ukraine are dedicated to destroying Russia).

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Haaretz Editors Urge Removing Netanyahu with All Urgency

December 12th, 2014

by Stephen Lendman

Israeli media largely march in lockstep with government policy. No matter what coalition holds power.

None rule responsibly. Some worse than others. Netanyahu worst of all. Exceeding Sharonian evil.

Haaretz editors criticized him before. This time more vehemently than earlier.

For important reasons. Omitting others demanding inclusion. More on this below.

Headlining "Israel's two-faced government," Haaretz editors said it's hard imagining why Washington "continues to placate Netanyahu.."

He's "done everything he could to sabotage" good relations. On the one hand, Israeli Defense Minister yearns for a new US administration. To expand settlements more than already.

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Bush Family is Nazi Dynasty in the U.S.

December 12th, 2014

Larouchepac

The British Empire's operation to launch Jeb Bush's presidential candidacy has to be shut down now, as fast as possible, Lyndon LaRouche stated today. And a reorganized Democratic Party, in the post-Obama period and with Bill Clinton playing a key leadership role, has to provide the crucial steps for the government to pull the United States, and the world, back from the brink of looming catastrophe.

On the current course, we are on a trajectory for financial blowout of the entire trans-Atlantic system, and for escalating provocations against Russia and China that could lead to global thermonuclear war in the very short term. Russia and China have made it abundantly clear that they are girding for such a war, both militarily and financially. But, along with the other BRICS nations, they have also spelled out a positive policy of global economic development which the United States is also invited to join.

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Ukraine: Central European Powder Keg

December 12th, 2014

by Stephen Lendman

Kiev's so-called day of silence remains shaky at best. Reports indicate casualties after its announcement. Peace is a convenient illusion.

Illegitimate oligarch president Petro Poroshenko wants Donbas democrats crushed. Large troop contingents and heavy weapons are positioned east.

Despite dire economic conditions, weapons production continues. According to the Stockholm International Peace Research Institute (SIPRI), Ukraine ranks 8th among world arms suppliers.

Almost 97% of output heads east. Readying for all-out war. At a time Ukraine is effectively bankrupt. Needing billions of dollars in aid to run government. Pay bills. Prevent defaulting on debt.

Full story »

Tags: ukraine

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