Socio-Economics History Blog

Socio-Economics & History Commentary

$15 Trillion To Be Added To Money Supply & Gold To Ascend !

  • $15 Trillion To Be Added To Money Supply & Gold To Ascend ! 
    by www.kingworldnews.com
    KWN has been getting bombarded from readers around the world on the Michael Pento piece titled, “This Major Fed Move Is About To Cause Gold To Skyrocket.”   Today we followed up with Michael Pento because there was such tremendous interest in knowing more about this major move he expects from the Fed.  Today Pento told King World News that this move he is predicting could add a staggering $15 trillion to the money supply.
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    Pento, of Pento Portfolio Strategies, also said that if this move happens, “you will see the gold market fly far past its nominal record high in extremely short order.”  Here is what Pento had to say:  “So let me put it together for your listeners.  We have $1.42 trillion of excess reserves.  We are now going to be told that there will be no capital reserve requirements on owning sovereign debt.  You will have commercial banks flooding the market with the purchase of sovereign debt.  Not just US debt, Portuguese debt, Spanish debt, Greek debt, all of that debt will have zero capital requirements.”
    ….
    “Let me be clear on this, I’m not saying it could increase M2 money supply to $15 trillion, this could increase it by $15 trillion.  So we’re talking perhaps about $24 trillion.  It has the potential to increase to rapidly increase the global money supply, and it would be a tremendous boost to commodities, oil and precious metals. However, I would add that it will only vastly exacerbate the stagflationary environment that we see gripping the entire developed world….
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    read more!

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July 10, 2012 Posted by | Economics | , , , , , , , , , , , , , , | Comments Off

John Embry: Hang On Because The Chaos is Going to Accelerate!

Global collapse super storm in the summer or fall of 2012?

  • Embry – Hang On Because The Chaos is Going to Accelerate!  
    by www.kingworldnews.com
    Today John Embry told King World News, “…the chaos will accelerate,” and “…before this ends, it will be cataclysmic.” Embry, who is Chief Investment Strategist of the $10 billion strong Sprott Asset Management, also discussed market manipulation.  Here is what Embry had to say:  “The fact that this LIBOR scandal has come to the surface is interesting.  It’s an indication of the depth of the corruption in the system.  The LIBOR scandal is just one of the many manipulations going on in the world at this point.”
    …..
    “To me the biggest one and the longest running manipulation that no one will acknowledge is the gold and silver suppression scheme.  This has been carried out to keep interest rates at low levels, and to suggest that the monetary policy being invoked is correct. To me, the best thing about the LIBOR scandal is more people are going to start waking up to the fact that virtually everything in these markets is fake….
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    read more!

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July 10, 2012 Posted by | Economics | , , , , , , , , , , , , | Comments Off

Citi’s Fitzpatrick: Euro Under Pressure, Ready to Collapse!

  • Citi’s Fitzpatrick – Euro Under Pressure, Ready to Collapse! 
    by www.kingworldnews.com
    Today King World News wanted to share with its global readers a portion of top Citibank analyst, Tom Fitzpatrick’s latest report.  Fitzpatrick, a 28 year veteran and top analyst at Citibank, which has $1.3 trillion in assets, covered the two key markets, the euro vs the dollar and bonds.  Below were his comments with two important charts:

    “U.S. 30 year yields held 2.50% twice – the first time in Dec 2008 and then again this year.  A breach of that would leave the way open for the double top target in the 2.00% area.”

    Euro vs Dollar:  “Lower lows confirms the trend is still down and the sub 1.20 area should be tested.  The 2010 low was 1.1876 and the channel base comes in at 1.1720.  Note that end of May also saw a decent trend down on EUR/USD as German yields fell to zero and a U.S. long end yields trended down.
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    read more!

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July 10, 2012 Posted by | Economics | , , , , , , , | Comments Off

Banking Cartel Set To Use Military Against Americans for Final Showdown!

All scams are based on deception and mis-direction! ’666′ is coming!

Every barcode has a ’666′ in it. The explanation is: They are the left, right and centre delimiters! Yeah right !

The most abundant form of Carbon is Carbon12. It is a key element in the human DNA! 6 protons, 6 neutrons & 6 electrons -> ’666′ ! Get the message!

 

July 10, 2012 Posted by | GeoPolitics, Social Trends | , , , , , , , , , | Comments Off

The Death of Price Signals And The Birth of a Faith-Based Financial System!

July 10, 2012 Posted by | Economics | , , , , , , , , , , , , , | Comments Off

CrossTalk: AFRICOM ! The Conquest of Africa by The West !

US Africa Command ! The invasion of Africa begins!

July 10, 2012 Posted by | GeoPolitics | , , , , , , , , , | Comments Off

‘Thugs, Islamists & Chaos’ – Welcome To New Libya?

July 10, 2012 Posted by | GeoPolitics | , , , , , , , , , | Comments Off

Syria ‘Friends’ Fuel Murder with Promises of Weapons for Rebels!

July 10, 2012 Posted by | GeoPolitics | , , , , , , , , | Comments Off

Webster Tarpley: CIA Spies in Turkey, Arab Monarchies Direct Arms Flow To Gangs in Syria!

  • CIA spies in Turkey, Arab monarchies direct arms flow to gangs in Syria: Tarpley! 
    by http://www.presstv.ir/ 
    Switzerland has decided to suspend arms shipments to the United Arab Emirates following a report that Swiss-made hand grenades are being used by armed gangs in Syria.The measure was taken on Wednesday after the Sonntagszeitung newspaper published a photograph taken of one such device in possession of anti-Damascus forces in the town of Marea, north of Aleppo, at the end of June, AFP reported.
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    Preliminary inquiries into the photo showed the grenade in question was made by the Bern-based arms manufacturer RUAG, and was part of a shipment made by the company to the UAE in 2003.
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    The Federal Department of Economic Affairs (FDEA) says 225,162 hand grenades were exported to the UAE, who signed an agreement not to re-export the munitions.
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    “As far as the FDEA is aware, the hand grenade … originates from a RUAG shipment to the United Arab Emirates in 2003. At present there is no evidence that Swiss hand grenades have found their way to Syria; inquiries are ongoing, however,” the government statement said.
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    The FDEA statement also said arms shipments from Switzerland to Syria stopped in April 1998, and raised doubt whether the photograph was taken in Syria after all. Antje Baertschi, a spokeswoman for the State Secretariat for Economic Affairs (SECO) said as a “provisional” measure, Switzerland immediately moved to “freeze all arms export permits to the UAE.”
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    Press TV has conducted an interview with Dr. Webster Griffin Tarpley, author & historian, to hear his opinion on this issue. The following is a transcription of the interview.
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    Press TV: The Swiss claim that they are surprised about this entire issue because they have a “neutral stance” when it comes to issues like Syria. Are they as innocent as they claim considering they have been providing weapons in the first place to repressive states such as the UAE?
    Tarpley: I think everybody in the world with an effective intelligence service and that would emphatically include Switzerland through their banking system; they are as well informed really as anybody in the world, they know very well that the [Persian] Gulf states, these reactionary feudal absolute monarchies like the United Arab Emirates, Qatar, Kuwait but above all Saudi Arabia, all of them have been massively shipping weapons to the death squads that are working for NATO in Syria and this has been known now for months.
    There is really no news except that Switzerland, to cover themselves, to cover themselves maybe on liability suits, have decided to cut off the air shipments to these feudal monarchies in the [Persian] Gulf.
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    But other than that, we have known, even the New York Times always the last to know, has confirmed that there were CIA officers who are directing traffic in southern Turkey sending these weapons to the groups that they want to receive them. I think that we could see a larger context; tomorrow there would be another one of these Orwellian ‘Friends of Syria’ conferences in Turkey, I believe, tomorrow, or is it Paris?
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    Anyway, the Russians and the Chinese have said that they will not go. I think Hilary Clinton, however, will be there. I believe it is in Paris. So that entire exercise will continue.
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    One of the things that NATO is doing is simply lying. Whenever they have a diplomatic meeting with Russia, in particular, then they come out and lie about it and the Russian Foreign Minister Lavrov was asked today, are you going to call Assad and offer him asylum in Russia? And Lavrov said that is a bad joke; why don’t you ask the same question to the German Foreign Minister [Guido] Westerwelle we were standing with? Why don’t you see if Assad is going to go to Germany?
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    It is all really absurd. The big development of today though that I would urgently point to is NATO is now rolling up its heavy artillery and that means WikiLeaks and Julian Assange.
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    Sophisticated knowledgeable observers all over the world have long known since the very beginning in 2010 that WikiLeaks is a NATO-CIA conduit for various kinds of fake or real documents that are released with political aims in mind and Assange in that sense is a tool of NATO.
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    read more!

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July 10, 2012 Posted by | GeoPolitics | , , , , , , , , , , , | Comments Off

Japan Machinery Orders Implode As Global Economy Grinds To A Halt !

  • Japan Machinery Orders Implode As Global Economy Grinds To A Halt! 
    by Tyler Durden, www.zerohedge.com
    Japan’s core machinery orders were expected to post a modest -2.6% drop. Instead they had a worse collapse than anything seen in the aftermath of the Fukushima disaster, plunging by a stunning 14.8% . And the kick in the groin cherry on top was the current account surplus plunged by 62.6%: consensus forecast: -14.5%. The Japanese economy has once again ground to a halt, only this time it has no earthquake or nuclear explosion to blame. This time it is the entire world’s fault, where demand has collapsed proportionately. As a reminder the BOJ expanded its QE yet again on April 27. Must be time for another QE because this time will certainly be different after more than 30 years of failures.  It is time for those brilliant central planners Ph.D’s to do engage in more of the same insanity that Einstein warned about decades ago. And incidentally this is not a joke: on Thursday the BOJ is expected to ease yet again. As a reminder, the BOJ already buys ETFs, Corporate Bonds, and REITs. What’s left: gold?
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    Instant View via Reuters:
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    HIROSHI SHIRAISHI, ECONOMIST, BNP PARIBAS
    “The numbers are weak. Although the BOJ tankan indicated stronger (capital spending), uncertainty about the outlook for the overseas economy is making Japanese companies cautious. “Things won’t be as strong as the tankan suggested. We didn’t think capital spending would be that strong, because we can’t expect much growth in overseas economies. “The pace of capital spending is gradually becoming weaker. “We believe that BOJ will loosen monetary policy (at Thursday’s meeting).”

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    YASUO YAMAMOTO, SENIOR ECONOMIST, MIZUHO RESEARCH INSTITUTE IN TOKYO
    “Looking at the May figure alone you may say that machinery orders were weak, but given that the data is volatile you cannot say capital spending is losing momentum. “Corporate capital spending remains in a moderate uptrend as the Bank of Japan’s June tankan confirmed, although the pace is tepid and levels are below those seen before the Lehman crisis. “Public spending and personal consumption are driving the Japanese economy but economic growth is likely to slow after the summer partly as government subsidies for low-emission cars run out of money. You cannot expect much from exports given uncertainty over Europe and the global economy. “The BOJ is likely to sit tight this week given the current yen movements, but it could ease policy further as early as September if it becomes clearer that the economy is slowing down.”

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    read more!

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July 10, 2012 Posted by | Economics | , , , | Comments Off

Big Pharma Criminality No Longer a Conspiracy Theory: Bribery, Fraud, Price Fixing Now a Matter of Public Record !

  • Big Pharma criminality no longer a conspiracy theory: Bribery, fraud, price  fixing now a matter of public record ! 
    by Mike Adams, the Health Ranger, http://www.naturalnews.com/
    (NaturalNews) Those of us who have long been describing the pharmaceutical  industry as a “criminal racket” over the last few years have been wholly  vindicated by recent news. Drug and vaccine manufacturer Merck was caught  red-handed by two of its own scientists faking vaccine efficacy data by  spiking blood samples with animal antibodies. GlaxoSmithKline has just been  fined a whopping $3 billion for bribing doctors, lying to the FDA, hiding  clinical trial data and fraudulent marketing. Pfizer, meanwhile has been sued by  the nation’s pharmacy retailers for what is alleged as an “overarching  anticompetitive scheme” to keep generic cholesterol drugs off the market and  thereby boost its own profits.
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    The picture that’s emerging is one of a  criminal drug industry that has turned to mafia tactics in the absence of any  real science that would prove their products to be safe or effective. The  emergence of this extraordinary evidence of bribery, scientific fraud, lying to  regulators and monopolistic practices that harm consumers is also making all  those doctors and “skeptics” who defended Big Pharma and vaccines eat their  words.
    To defend Big Pharma today is to defend a cabal of criminal  corporations that have proven they will do anything — absolutely anything — to keep their profits rolling in. It makes no difference who  they have to bribe, what studies they have to falsify, or who has to be  threatened into silence. They will stop at nothing to expand their profit base,  even if it means harming (or killing) countless innocents. Let’s take a  look at recent revelations:
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    GlaxoSmithKline pleads guilty to bribery, fraud and other crimes
    It what  is now the largest criminal fraud settlement ever to come out of the  pharmaceutical industry, GlaxoSmithKline has pleaded guilty and agreed to pay $1  billion in criminal fines and $2 billion in civil fines following a nine-year  federal investigation into its activities.
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    According to U.S. federal  investigators, GlaxoSmithKline (http://www.naturalnews.com/036416_GlaxoSmithKline_fraud_criminal_char…):
    • Routinely bribed doctors with luxury vacations and paid speaking gigs
    • Fabricated drug safety data and lied to the FDA
    • Defrauded Medicare and  Medicaid out of billions
    • Deceived regulators about the effectiveness of its  drugs
    • Relied on its deceptive practices to earn billions of dollars selling  potentially dangerous drugs to unsuspecting consumers and medical  patients
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    And this is just the part they got caught doing. GSK doesn’t  even deny any of this. The company simply paid the $3 billion fine, apologized  to its customers, and continued conducting business as usual.
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    By the way,  in addition to bribing physicians, GSK has plenty of money to spread around  bribing celebrities and others who pimps its products. The company reportedly  paid $275,000 to the celebrity doctor known as “Dr. Drew,” who promoted Glaxo’s  mind-altering antidepressant drug Wellbutrin (http://naturalsociety.com/top-radio-doctor-paid-by-glaxosmithkline-to…).
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    read more!

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July 10, 2012 Posted by | Medicine & Health | , , , , | Comments Off

The Globalization of War: The “Military Roadmap” To World War III !

World War 3 is near?

  • The Globalization of War: The “Military Roadmap” to World War III ! 
    ONLINE INTERACTIVE READER

    by Michel Chossudovsky and Finian Cunningham, http://www.globalresearch.ca/
    INTRODUCTION
    The Pentagon’s global military design is one of world conquest.
    The military deployment of US-NATO forces is occurring in several regions of the world simultaneously.
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    The concept of the “Long War” has characterized US military doctrine since the end of World War II. The broader objective of global military dominance in support of an imperial project was first formulated under the Truman administration in the late 1940s at the outset of the Cold War.
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    In September 1990, some five weeks after Saddam Hussein’s Iraq invaded Kuwait, US President and Commander in Chief George Herbert Walker Bush delivered a historical address to a joint session of the US Congress and the Senate in which he proclaimed a New World Order emerging from the rubble of the Berlin Wall and the demise of the Soviet Union.

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    Bush Senior had envisaged a world of “peaceful international co-operation”, one which was no longer locked into the confrontation between competing super powers, under the shadow of the doctrine of  “Mutually Assured Destruction” (MAD) which had characterized the Cold War era.
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    Bush declared emphatically at the outset of what became known as “the post-Cold War era” that:
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    “a new partnership of nations has begun, and we stand today at a unique and extraordinary moment. The crisis in the Persian Gulf, as grave as it is, also offers a rare opportunity to move toward an historic period of cooperation. Out of these troubled times… a new world order can emerge: A new era freer from the threat of terror, stronger in the pursuit of justice and more secure in the quest for peace. An era in which the nations of the world, east and west, north and south, can prosper and live in harmony.”
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    Of course, speeches by American presidents are often occasions for cynical platitudes and contradictions that should not be taken at face value. After all, President Bush was holding forth on international law and justice only months after his country had invaded Panama in December 1989 causing the deaths of several thousand citizens – committing crimes comparable to what Saddam Hussein would be accused of and supposedly held to account for. Also in 1991, the US and its NATO allies went on to unleash, under a “humanitarian” mantle, a protracted war against Yugoslavia, leading to the destruction, fragmentation and impoverishment of an entire country.

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    Nevertheless, it is instructive to use Bush Senior’s slanted vision of a “New World Order” as a reference point for how dramatically the world has changed in the intervening 20 years of the so-called post-Cold War era, and in particular how unilaterally degenerate the contemporary international conduct of the US has become under the Clinton, G. W. Bush Junior and Obama administrations.
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    Bush Senior’s “promise” of world peace has opened up, in the wake of the Cold War, an age of continuous warfare accompanied by a process of economic dislocation, social devastation and environmental degradation.
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    In a bitter irony, this concept of peaceful international co-operation and partnership was used as a pretext to unleash The Gulf War, which consisted in  “defending the sovereignty” of Kuwait and “upholding international law” following the Iraqi 1990 invasion.
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    Global Warfare
    We are dealing with a global military agenda, namely “Global Warfare”. Far from a world of peaceful cooperation, we are living in a dystopian world of permanent wars – wars that are being waged in flagrant contravention of international law and against public opinion and interest.
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    Far from a “new era more secure in the quest for peace” we may see a world more akin to George Orwell’s 1984, dominated by perpetual conflict, insecurity, authoritarian surveillance, doublethink and public mind control.
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    read more!

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July 10, 2012 Posted by | GeoPolitics | , , , , , , , | Comments Off

BOE Deputy Governor Paul Tucker ‘Aware of Move To Fix Libor’!

  • Paul Tucker ‘aware of move to fix Libor’! 
    By , http://www.telegraph.co.uk/ 
    Deputy Bank of England governor, Paul Tucker, will be grilled by MPs over the Libor scandal and whether regulators decided to turn a blind eye to misconduct.
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    The deputy governor of the Bank of England was warned that UK lenders were manipulating interest rates a year before he allegedly gave Barclays “a nod and a wink” to rig its own, in a call with former chief executive Bob   Diamond in 2008.
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    Paul Tucker will on Monday be grilled by MPs on the Treasury Select Committee (TSC) over the Libor scandal, where he will be asked whether regulators decided to turn a blind eye to misconduct during the banking crisis in the interests of financial stability.
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    Specifically, he is expected to be quizzed about a meeting he chaired of the Bank’s Sterling Money Markets Liaison Group in November 2007, at which several members warned they “thought that Libor fixings had been lower than actual traded inter-bank rates through the period of stress”.
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    Mr Tucker will also be asked to explain why he did not want to relay a message from Barclays’ chief executive Bob Diamond to Westminster that other banks were low-balling their Libor submissions on Oct 29, 2008, according to Mr Diamond’s record of the event.
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    TSC sources on Sunday said Mr Tucker must have known that Royal Bank of Scotland and Lloyds Banking Group were posting false rates because their Libor submissions were lower than Barclays even after they had been locked out of markets and forced to take £60bn in secret loans from the Bank.
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    read more!

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July 10, 2012 Posted by | Economics, Social Trends | , , , , | Comments Off

Eurozone Officials Move on Bank Watchdog, To Report To ECB !

Revelation 17: Mystery Babylon Whore on Beast!

  • This move by the Illuminist banksters and their politician puppets has nothing to do with helping the Eurozone. It is the full take over by the western Illuminati. It is the destruction of national sovereignties in favour of the Illuminist ECB. National central banks will no longer be relevant. Europe is rapidly heading towards fascism much like America. We are witnessing the overt expression of power by the western Illuminati. They no longer want to remain hidden and rule covertly. This is all in preparation for the coming endtimes Luciferian New World Order!
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    Eurozone officials move on bank watchdog, to report to ECB! 
    by Matina Stevis and Stephen Fidler, via http://www.theaustralian.com.au/ 
    SENIOR eurozone finance officials, moving ahead on a plan to create a single overarching bank supervisor for all the countries in the 17-nation currency bloc, are settling on a framework that would create a new agency reporting to the European Central Bank (ECB) to police the largest banks in the currency union, people involved in the discussions said.
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    Eurozone leaders mandated the creation of the regional supervisor at a summit here in June, a significant step toward creating a future banking union among the countries that use the currency.
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    read more!

Revelation 17:3~6, .. And I saw a woman sitting on a scarlet beast which was full of names of blasphemy, having seven heads and ten horns. 4 The woman was arrayed in purple and scarlet, and adorned with gold and precious stones and pearls, having in her hand a golden cup full of abominations and the filthiness of her fornication.(a) 5 And on her forehead a name was written: MYSTERY, BABYLON THE GREAT, THE MOTHER OF HARLOTS AND OF THE ABOMINATIONS OF THE EARTH. 6 I saw the woman, drunk with the blood of the saints and with the blood of the martyrs of Jesus.

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July 10, 2012 Posted by | Economics, EndTimes | , , , | Comments Off

What’s Really Going on in Syria: Bloody Bandits And Western Lies! Western Invasion of Syria will be Launched by Summer’s End !

  • “All wars are based on deception!” – Sun Tzu, The Art of War
  • It appears the Satanic World War 3 plan is good to go around Sep-Oct 2012! Emphasis mine:
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    ‘Bloody bandits and Western lies: What’s really going on in Syria’! 
    by http://www.rt.com/ 
    Everything you’ve heard about Syria is a lie says Ankhar Kochneva, a Russian journalist who has seen first hand the realities of the Syrian civil war. Kochneva told RT she has proof a Western invasion of Syria will be launched by summer’s end.
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    ­RT: While visiting Turkish camps for Syrian refugees, I was told that the Syrian army was shooting at them.
    Ankhar Kochneva: There are a large number of videos from those camps  showing people walking upright, not ducking down even though you can  hear shooting. The options are that either the sound was added to the  video later, or that people knew that they were only shooting in the air without any intention of actually hitting them.

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    The Syrian army has no reason to shoot up these camps, as Syria is  doing its utmost to ensure these people return home. And in fact they  are doing just that if you go by the official Syrian data; 16,500 people  have returned. Meanwhile, Turkey and the Syrian opposition are strongly interested in having those camps. If it weren’t  for these camps, who would believe in the regime’s atrocities described  by the opposition? 
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    By the way, many of these camp residents had to flee due to the  atrocities committed by bandits. For instance, in the city of Jisr  ash-Shugur on the border with Turkey, 120 policemen and a large number  of peaceful civilians were murdered in a deadly incident last summer.
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    All Syrians have a large number of family members who live across the  entire country in large, spacious houses. When they have troubles at  home, they go stay with their relatives rather than in camps in strange  countries. The bandits, however, blocked all the roads except for the ones leading to Turkey. People found themselves  caught in a trap, just like Israelis shooed Palestinians off their land  by building them a ‘corridor’ to Jordan. 
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    RT:Where will refugees resettle within Syria, as only 20 thousand of them went to Turkey and there’re many more of those?
    AK: The majority of refugees mainly stay with their relatives or rent  apartments. It’s very difficult to find an apartment in Damascus, Tartus  or Latakia. For instance, in Homs, the previous school year was  disrupted as people had to move to areas where their children could go to school. We see that people run to the government,  rather than from the government, for protection. Getting these people to  settle is a huge burden for the state treasury as they have to  establish new schools, to provide food, healthcare, and so on for hundreds of people. And this is what the government is  doing. There are a large number of volunteers who work for free helping  people resolve their problems as they get settled.

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    People are returning to Homs, to areas that have been cleared of  bandits. The army guards their homes. I have pictures showing soldiers  in one of the streets taking pot flowers out of houses and placing them  outside so that they can water them until the locals return home. None of them had any idea that some journalists would show  up – we appeared totally out of the blue.
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    RT: Why do you keep calling people fighting against the Syrian government bandits?
    AK: Because I have seen what they do to the kidnapped people. I have  been to the torture chambers; I have met mothers who saw their children  die. The whole country loathes them as bandits. There is nothing worse  than being loathed by your own nation. They killed a mufti’s son, they kill Christian priests, and they kidnap and torture  children. A few days ago they killed two elder brothers of a  five-year-old boy to take vengeance on him for reciting poems at rallies  to support Syria. They massacred the whole family of an MP. I have been to homes turned into bandit hideouts. I have seen  empty liquor bottles; how does it square with Islam? I have been to  churches destroyed by bandits in Homs. I have been under their fire,  with grenades dropping right next to me. I have been targeted by snipers who could perfectly see I am a woman, not a soldier.  In the bustling street where I lived, near the marketplace, they blew  up a few cars. Why blow up civilians shopping for food?

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    RT:The opposition and the insurgents have sought to assure me that this  is all the doing of criminals released and hired by the Syrian  government. The insurgents also claimed it was the Syrian government  that staged explosions in public places.
    AK: This theory is ridiculous. The government has announced nine  amnesties for criminals and opposition activists never implicated in any  murders. Yet now the government is blamed for these amnesties! Let me  remind you that the bandits would first set court archives on fire with files of criminal cases and smuggling. A few  terrorist attacks targeted buildings that stored the intelligence and  police archives. For example, on December 23, 2011, suicide bombers set  the intelligence archives ablaze before blowing themselves up in a car.

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    RT:Are the escape of the Syrian pilot to Jordan and the Turkish aircraft incident related?
    AK: When the aircraft got hijacked on July 21, I was in Beirut, at the  Al Mayadin TV channel which was headed by Ghassan Bin Jiddu, the former  chief of Al Jazeera’s bureau in Libya. He was the one who caused a  scandal by quitting the channel due to lies that the channel had been broadcasting for the last year and a half. On that  day, this channel was the first to report the jet hijacking in Jordan.  The first question was, how quickly Jordan would return the plane, which  it was obliged to do according to the international laws. It wasn’t as much about the aircraft itself, but rather about the  friend/foe enciphering system. According to military experts, it takes  about a week to decipher it. The fact that the aircraft wasn’t returned  immediately gives a reason to doubt Jordan’s neutrality. There are reasons to suggest that the incident was  thoroughly staged. On 23rd June, a Turkish reconnaissance aircraft  flying at an extremely low altitude intruded into Syria. Some experts  believe that by then, Jordan could’ve deciphered the codes, and that Turkey made an attempt to use them.

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    RT:Turkey denies its plane was flying over Syrian territory. What do they say in Syria?
    AK: The aircraft was flying at an altitude of 1,000 meters. It  deliberately performed several circles over neutral waters and land. It  was then shot down with a weapon of a range not exceeding 3,000 meters. A  machine gun was used, rather than a missile launcher, as the world’s media insist. Immediately Syria proposed establishing a  bilateral commission for investigating this incident. But Turkey refused  doing it. And now, the latter has been declaring that it was Syria that  didn’t want to do it. It gets even funnier than that: Turkey says that it will not let Syrian provocations go  unanswered. They are bringing a large number of armored vehicles to  their border, even though provocations, arms smuggling and militants  infiltration are happening on the part of Turkey, with the consent of the Turkish government.

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    read more!

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July 10, 2012 Posted by | GeoPolitics | , , , , , , , , , , , , | Comments Off

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