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2008 Redux?

October 17th, 2014

by Stephen Lendman

Headlines aren't reassuring. They're unnerving. Today's Wall Street Journal headlined "Stocks Swoon in Frenzied Trading."

"Dow Slides More than 450 Points Before Climbing; Treasury Yields Touch 16-Month Low." Doing so shows low growth expectations. Maybe heading for decline.

Economist John Williams calls GDP guesstimates "the most worthless of economic series." They over-estimate growth. They show it in times of decline.On Thursday, the Financial Times headlined "US and European stocks resume slide." Wednesday's Dow "had its biggest intraday fall for three years." The headlined story was rewritten after Thursday volatility helped stocks rebound. Things can turn on a dime and head valuations lower.

Sentiment is weak. Thursday's Dow opened down 175 points. Volatility defines things. At times extreme.

E-minis are futures contracts. They represent a portion of standard futures values.

Full story »

Global Humanity in Search of Peace, Not War

October 17th, 2014

Mahboob A. Khawaja, PhD.

We, as Americans, need to ask ourselves what all this is about? Why is our government so provocative toward Islam, Russia, China, Iran? What purpose, whose purpose is being served? Certainly not ours…………Where do we go from here? If not to nuclear destruction, Americans must wake up. Football games, porn, and shopping malls are one thing. Survival of human life is another. Washington, that is, “representative government,” consists only of a few powerful vested interests. These private interests, not the American people, control the US government. That is why nothing that the US government does benefits the American people. (Paul Craig Roberts (“The Next War on Washington’s Agenda.

International Governance Lacks Moral and Intellectual Leadership

The UNO originated from the belief and commitment to avert futuristic wars by men of new ideas pursuing peaceful means, diplomacy and accountability to the global mankind. How sad and cynical it looks to view the succeeding generations entrapped again into the same mindset of warmongering and power politics as were the sadistic leaders before. The UNO and its major organs responsible for global peace and security have proven to be ceremonial debating clubs and acting contrary to the essence and purposes of the Charter. The global humanity feels tormenting pains and wants to foresee systematic change and development of a new global organization responsible to the global community, not the abstract Nation States. Like the past, once again few Western egoistic leaders have manipulated the time and opportunities to dictate and undermine the interests of the mankind. The global humanity is the net object of all their deliberations but without any meaningful role in challenging the few global warlords. America and few Europeans find freehand to go anywhere and bomb the humanity at will. This is what exactly happening in Iraq-Syria war theatre of the few. The ISIL is picked up for bombing and to match the domestic political agenda and the Badr Shia group and others alike are ignored to appease Iran and its backdoor US alliance against the Sunnis.

Full story »

Healthcare: A Fundamental Human Right

October 17th, 2014

by Stephen Lendman

Obama's Affordable Care Act (ACA) falls way short of promised benefits. It's outrageously expensive.

A new Congressional Budget Office assessment estimates hundreds of billions of more dollars than Obama claimed. Around $300 billion or more.

It's unaffordable for millions. Double what healthcare costs in other developed nations. Marketplace medicine fails. Often when it's most needed. In America, it's a healthcare rationing system. A scam. A scheme based on ability to pay.

A boon to providers. A ripoff to enrich insurers, drug companies and large hospital chains.

Despite high-minded claims, millions are left uninsured. Millions more way underinsured. Buying insurance is mandated. Otherwise, penalties are enforced.

Full story »

Malicious Anti-Iranian Propaganda

October 17th, 2014

by Stephen Lendman

Managed news misinformation substitutes for truth and full disclosure. Big Lies persist with disturbing regularity.

It's been this way for 35 years. Washington tolerates no independent governments. Nor does Israel, its Lobby and other supportive organizations.

They want pro-Western vassal states worldwide. They want sovereign independence destroyed.

They want unchallenged control. They want monied interests served. They want ordinary people exploited.

Full story »

Tags: cia, iran, israel

Mass Surveillance Destroys Freedom

October 16th, 2014

by Stephen Lendman

It's longstanding. It's institutionalized. It's lawless. It has nothing to do with domestic or foreign threats. Or anything related to national security.

America's only enemies are ones it invents. It spies globally. It watches everyone. It monitors allies. It's for control. It's for economic advantage. It's to be one up on foreign competitors. It's for information used advantageously in trade, political, and military relations.

Don't expect Washington's criminal class to explain. It's bipartisan. It's government of, by, and for special interests. Ordinary ones are ignored.

Full story »

Pervasive Lying in U.S. & UK ‘News’ Media, Why are these questions being asked on Russian TV, but not on U.S. TV?

October 16th, 2014

Eric Zuesse

The lying is intentional, and it is systematic; but it is so on only the most important news-topics, the ones that affect the nation’s aristocracy as a whole, rather than competing interests within it. On these issues, the lying is pervasive.

What, precisely, are the most important news-topics to America’s aristocracy? The questions that aren’t being asked in a given nation’s press are what show, in the clearest way, what the most important facts are, in order for an ordinary citizen to be able to understand the world without the oligarchs’ systematic distortions and colorations of it.

Full story »

Momentum for Palestinian Statehood

October 16th, 2014

by Stephen Lendman

Britain's symbolic vote brings it closer to reality. It's just a matter of time before Palestine takes its rightful place among other world nations officially.

Expect America, Israel and a few Pacific islands Washington dominates to be final holdouts.

Expect world public opinion and near universal acceptance to sway their eventual coming aboard. It'll take time. It's inevitable. It's essential for regional peace. It's impossible without it. Since 1947/48, Palestinians suffered horrendous injustice.

Israel stole their homeland. Slaughtered and expelled their people. Prevented them from returning.

Full story »

Will the US - EU Notice? Ukraine Rioters Demand Honors for Nazi Collaborators

October 15th, 2014

Michael Collins
ukraine funeral

(10/14) Thousands of rioters demanded special recognition for the Ukraine Insurgent Army, a resistance group that allied with Nazi Germany during World War II. The Ukraine political party, Svoboda, staged the demonstrations.

Svoboda, an extremist right wing party, played an important role in the United States supported transition government of Arseniy Yatsenyuk. Its influence continues in the current government of President Petro Poroshenko. The United States and European Union have offered across the board praise for Poroshenko's government. (Image)

SpiegelOnline, Mar 17, reported that the German Society for International Cooperation supported Svoboda members of Ukraine's parliament in financial reform efforts. The society is a non-government organization funded by the German government. The Konrad Adenauer political foundation, tied to German Chancellor Angela Merkel's conservative party, provided legislative training and instruction for Svoboda reported by Spiegel in the same article.

Full story »

UK Parliament Supports Palestinian Statehood

October 15th, 2014

by Stephen Lendman

It did so overwhelmingly. Symbolically. Voting 274 to 12. A PR victory only. Yet significant because it happened. A first in Britain.

It followed Sweden's newly-formed center-left Prime Minister, Stefan Lofven, announcing his intention to recognize Palestinian statehood.

The first EU country to do so. The 134th to recognize what's long overdue.

Parliamentary approval doesn't commit Britain to officially extend recognition. A UK Foreign Office spokesman said:

"We continue to believe that negotiations toward a two-state solution are the best route to meeting Palestinian aspirations in reality and on the ground."

UK Foreign Secretary William Hague added:

Britain "reserves the right to recognize a Palestinian state bilaterally at the moment of our choosing and when it can best help bring about peace."

Full story »

WSJ Columnist Mary O'Grady: US Imperial Tool

October 15th, 2014

by Stephen Lendman

She's a Journal board member. A faux journalist. A Murdoch favorite. A neocon propagandist.

She defends the indefensible. Her reinvented history doesn't wash. It's rubbish. It doesn't pass the smell test. It fails to match bad fiction.

Her job is proliferating Big Lies. Turning truth on its head. Supporting monied interests.

Spurning popular ones. Social democracies. Ones polar opposite US extremism.

An earlier article explained. Her background gives her away. Earlier she worked for Advest, Inc., Thomson McKinnon Securities and Merrill Lynch. She's associated with the neocon Heritage Foundation.

She co-edits its so-called Index of Economic Freedom. It's what most people worldwide deplore.

She's a right-wing Liberty Fund (LF) board member. It's an extremist over-the-top organization.

Full story »

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