ECB Calls for More Fiscal Integration!
- Fiscal integration implies political integration. We are witnessing the formation of the 10 Horn Beast, the Revived Roman Empire of Biblical prophecy!
Daniel 7:7 – ” … behold, a fourth beast, dreadful and terrible, exceedingly strong. It had huge iron teeth; it was devouring, breaking in pieces, and trampling the residue with its feet. It was different from all the beasts that were before it, and it had ten horns.”
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Glaxo Whistleblower Goes Public with Shocking Details of Bribery, Marketing Fraud And Other Pharma Crimes!
- Big Pharma like most MNCs (multi-national corporations) are owned by the 13 Satanic bloodlines. Western medical education is controlled by these people. You should always be highly skeptical on the big money making medicine they are trying to push to you like cancer drugs/treatment, cholesterol drugs … etc. The history of Big Pharma is a history of suppression of cures: for cancer, cures for heart disease …. etc. As long as the cures cannot be patented and money made, they will be suppressed.
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Glaxo whistleblower goes public with shocking details of bribery, marketing fraud and other pharma crimes!
by Mike Adams, the Health Ranger, Editor of NaturalNews.com
GlaxoSmithKline employee and whistleblower Blair Hamrick has helped make medical history. Together with his colleague Gregory Thorpe, Blair blew the whistle on criminal practices taking place inside GlaxoSmithKline which have now led to the largest criminal admission and financial settlement in the history of western medicine. GSK is paying a $3 billion fine while pleading guilty to felony crimes.
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(http://www.naturalnews.com/036416_GlaxoSmithKline_fraud_criminal_char…).
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Blair recently joined Mike Adams on the Health Ranger Report for a video interview. In this astonishing interview, Blair describes his firsthand knowledge of the “bribery” of physicians, the push for off-label marketing of drugs for unapproved health conditions, the illegal marketing of drugs to children, how 80 percent of physicians were willing to be “on the take,” and other astonishing details from behind the scenes of the criminally-operated medical mafia known as Big Pharma.
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read more!
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Power Through Pretext: The Many Paths Towards Global Government !
- To those who think people like me are insane: I concede I may be paranoid and insane but that doesn’t mean I am wrong! The world is about to be hit by: global economic, financial and monetary meltdown leading to the Satanic World War 3 ! These are all planned by the Illuminists. It is not an accident of fate or coincidence. The endgame is about to be executed. The objectives of the Illuminists-Satanists are (emphasis mine):
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- Luciferian New World Order
- Luciferian World Government
- One World Currency backed by gold –> ’666′
- Global Supra-National Central Bank (very likely IMF 2.0 with BIS as backup, the World Bank will likely be morphed into a World Treasury Dept)
- Planned destruction of major religions in particular Christianity (The Luciferians snakes will not be entirely successful IMO for Christianity. But a great falling away will happen!)
- One World Religion
- One World Army
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Power Through Pretext: The Many Paths Towards Global Government!
by Jurriaan Maessen, www.Infowars.com
“An absolute valued pretext for their absolute control model”
Aaron Dykes on the subject of “climate change” in an interview with Lord Christopher Monckton- May 23, 2012
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What on earth would qualify as an adequate description of the general push towards Global Governance? How would one encapsulate the subject in one overarching catchphrase? The more you try to do so, the more impossible the task. Indeed, the sheer vastness and complexity of the globalist’s endeavor is in itself a massive wave holding a lot of researchers back, reflecting the old Nazi-concept of the bigger the lie, the easier it is to discourage those reporting on it. Yes: in the economic, political and biological spheres there is a comprehensive plan in place to seize upon crises (not one, but many), engineering them in fact- to provide the Hegelian framework for problem-reaction-solution with the aim of establishing once and for all a new world order- their new world order that is. The grandest of schemes, certainly.
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Every tyrant has used certain pretexts to destroy liberty and crush dissent, deeming all means justified to accomplish its stated goals. It was either the threat by an outside force- a specter haunting the woods around the village- or some natural disaster the gods had in store for us if we did not increase our offerings double quick. It is no different in our time, where the specter manifests itself as a bearded boogieman, anthropogenic global warming, and the global financial meltdown.
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One Currency To Rule Them All
On June 23, 2009, Lorenzo Bini Smaghi of the European Central Bank, gave a speech at the Aspen Institute Italia called The world after the crisis: Designing the future. A monetary order for the XXI century. In his speech, Smaghi stated:
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“(…) We have been searching for a new monetary order since the fall of the Bretton Woods agreement, in the summer of 1971, and even that order was not so orderly, after all.”
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-Smaghi concludes that the IMF/World Bank has taken its rightful place as head honcho of the “international monetary order”, undermining the autonomy of nation-states as it proceeds with its long-term plan of a global government and a single world currency:
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“The fact that the crisis has restored the IMF to its place at the heart of the international financial system should provide some hope in this respect. (…) Most of the IMF’s shareholders seem to favour making IMF financing easier. (…) In sum, a new world monetary order- (…) requires a mechanism to keep imbalances in check. Key elements of such a mechanism include a prominent role for the IMF in two essential areas: strong and effective surveillance in crisis prevention, and responsible lending, with appropriate limits and conditionality, to countries in need.”
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Here it is. Surrendering national and even regional economic power to a world body, a world bank, is the main goal of the transnationalists. And all this in the name of “preventing” crises- for which- by the way- the central bankers are more often than not responsible in the first place.
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In a speech delivered in 2000, member of the executive board of the ECB, Sirkka Hämäläinen stated:
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“In conclusion, I should like to come back to Paul Volcker’s prophecy. He might be right, and we might one day have a single world currency. Maybe European integration, in the same way as any other regional integration, could be seen as a step towards the ideal situation of a fully integrated world. If and when this world will see the light of day is impossible to say. However, what I can say is that this vision seems as impossible now to most of us as a European monetary union seemed 50 years ago, when the process of European integration started.”
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The prophecy by long-term chairman of the Fed, Paul Volcker, the speaker is referring to went something along the following lines: “if we are to have a truly global economy, a single world currency makes sense, no?” But, as it turns out, 50 years ago this process she talks about was far from impossible to imagine. In fact, as the Bilderberg memos of 1955 reveal, plans for a world government were well beyond the stage of wishful thinking or geopolitical daydreaming fifty years ago. It is- after all- a much older plan envisioned way back and pursued by the same nobility responsible for centuries of oppression in Europe. Their feudal model has been passed on from generation to generation, like the blue blood racing through their veins.
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On another occasion, Hämäläinen repeated her wish for a global economic integration:
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“As a longer-term vision, one should see European integration as a step towards improving global co-operation and securing peaceful and balanced development in the whole world.”
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Meaning of course, global government must replace the sovereignty of the nation state of old. In this context the word “peaceful” translates to the absence of war- for once potentials rivals are eliminated, there is no longer conflict. A consolidation of power, in other words, by the central banks of the world. Jurgen Stark, at the international conference of central bankers and economic educators in 2006, presses the point that only an independent central bank should be given the instruments of setting interest rates, maintaining price stability and overseeing the economy as a whole:
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“Central Bank independence is nowadays enshrined in many central bank laws and statutes around the world. In order to ensure that this achievement also prevails in the future, broad public awareness of the benefits of central bank independence is essential. Fostering and preserving such awareness requires, in particular, that the independence of a central bank, once granted, is respected by the government in question and not undermined by political interference.”
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read more!
Still think that a World Government and a Global Supra-National Central Bank is a conspiracy theory? Don’t be naive!
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On The Brink of Full Scale War Against Syria & Iran! Start of World War 3 ?!
- Emphasis mine:
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Prelude to the Destruction of Syria: Another Fake Massacre!
by Kurt Nimmo, www.Infowars.com
The “massacre” of Tremseh, Syria, reported with standard sensationalistic fanfare over the weekend by the establishment media is another war propaganda fabrication.
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Billed as “Syria’s Bloodiest Massacre” by Newsweek and Bloomberg, the event supposedly occurred on July 12 in the Sunni Muslim village of Tremseh in Hama province. The Washington Institute for Near East Policy (WINEP) – an Israel-centric neocon operation that specializes in hysterical anti-Muslim, pro-war propaganda – mentioned the “massacre” in the same breath as the suspected movement of chemical weapons by the al-Assad regime.
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“We have two significant developments and we cannot even get this passed?” Andrew Tabler, a fellow at WINEP, complained about the lack of action against Syria at the United Nations.
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On Saturday, however, the New York Times reported that the alleged massacre at Tremseh was basically a scam perpetuated by the Syrian National Council, the CIA spawned terrorist council run by the Western intelligence asset the Muslim Brotherhood.
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The number of casualties is now disputed – the establishment media initially claimed over 300 – and it turns out those who were killed were young men of fighting age, in other words they were “rebels” organized by the CIA and NATO to overthrow the al-Assad regime and were killed by the Syrian Army. There were no women’s names on the list of 103 “victims” obtained from activists in Homs, according to Syrian Observatory for Human Rights, described by the media as an opposition group based in Britain that has a network of contacts in Syria. (The man behind the Syrian Observatory for Human Rights, Rami Abdelrahman, is well received by the British establishment, including Foreign Secretary William Hague, and refuses to report on the death of “government loyalists,” that is to say Syrians killed by the CIA and U.S. and British special forces trained assassins.)
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The sensationalized story exploited by WINEP neocons and the establishment media follows a now routine and dependable pattern of facile disinformation and propaganda. “After the high toll was announced from Tremseh, as was the case with Houla and other similar episodes, Western leaders lined up to condemn the mass killings of civilians,” the New York Times reports. “Col. Riad al-Assad, based in Turkey as the ostensible leader of the loose coalition of fighters called the Free Syrian Army, told the Arabic television network Al Jazeera on Thursday that there had been no opposition fighters in the town.”
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As usual, the corporate media did not question or attempt to verify the claim that the Free Syrian Army was not involved. The FSA is, after all, a CIA and NATO spawned contrivance infested with Libyan members of al-Qaeda.
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In May, Infowars.com reported on evidence revealing that the al-Houla massacre was also something other than reported by the establishment media and was designed to gain sympathy for a manufactured opposition and push for military intervention by NATO and the United Nations. The massacre was cynically exploited to call for a new round of sanctions against al-Assad in an effort to force his compliance with an international peace plan that was rejected by the FSA, we reported.
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The fact we have exposed the lies and exaggerations of the global elite – from Iraq’s illusionary weapons of mass destruction to hysterical warnings of Syria’s chemical weapons – does not count for much. The Obama administration — now an imperial presidency in serious violation of the Constitution and the will of the American people — and its partners continue to push for all-out war despite the transparent qaulity and facile nature of disinformation put out every few days.
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“Expect the Syrian civil war to escalate to the point where either the UN or Israel intervenes — in which case the prospects for war with Iran by election day, November 2012, are a good bet,” writes Justin Raimondo.
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“The Syrian ‘crisis’ — one brought on by the Western powers and their sock-puppets in Qatar and Saudi Arabia — is but a prelude to the main event: the strangulation of Iran, via economic blockade, and eventual all-out war. What is happening in Syria today reflects, in miniature, the regime-change crowd’s plan for the entire region: unleashing Sunni fanatics in a religious war against all other sects, one that will liquidate the Christian and other minority communities. The ultimate target of this Sunni onslaught: the Shi’ites of Iran.”
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OMB’s Stockman: “We’re At The Fiscal Endgame”!
Click on image to goto video!
- OMB’s Stockman: “We’re At The Fiscal Endgame”!
by Tyler Durden, www.zerohedge.com
To those on the hill and elsewhere who suggest this growing ‘fiscal cliff’ and ‘debt ceiling’ crisis will all get solved, former Office of Management and Budget (OMB) Director David Stockman tells Bloomberg TV that “they will punt, punt, punt and kick the can with partial solutions driven by eleventh hour crisis-based extensions that will go on for the whole of the next term!”
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When asked whether this economy will be mired in the doldrums, he rather ominously states “it will be worse, because we will be in recession” and notes that when the lame ducks re-look at the budget numbers with a realistic recession (instead of the current assumption of no recession within 12 years) it will be far worse and in a political environment where ‘we cannot possibly raise taxes – and we cannot possibly cut spending’.
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With a 78% disapproval rating for the ‘do nothing’ Congress, Stockman is surprised that 16% somehow approve – approve of what? His warning is that unlike in past periods, today “we are completely paralyzed, there is an ideological divide on taxes and entitlement like we’ve never had before” and while he realizes that “the debt problem doesn’t become a debt problem until the market suddenly have a wake up call and realize that if the Fed doesn’t keep printing, it’s game over.”
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“The fact that rates are so low is not a reflection of the US as a safe-haven but a bet on the Fed not allowing rates to rise.”
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“The perverse low-rate environment simply tells Congress that they can borrow a trillion dollars for 10 billion a year.”
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If rates rose then it would break this huge partisan stalemate we have today” “There is a huge costs to stalemate!”
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In a little under six minutes, David factually describes the certainly-not-priced-in dismal reality of the political situation we face in the next few months… must watch…
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China’s Catastrophic Deleveraging Has Begun!
- China’s Catastrophic Deleveraging Has Begun!
by Dee Woo, Beijing Royal School , http://www.businessinsider.com/
1. The frustrated and aggressive central bank
If one wants to know how bad the health of China’s economy has gone, look no further than the PBOC’s composure, which seems rather frustrated and aggressive as of late. On 5th July, the central bank cut benchmark interest rates for the 2nd time in less than a month. This happened right after the fact that in December 2011, PBOC cut the reserve requirement ratio(RRR) by a 50 bp to 21%, it followed up with another 50 bp in February and another 50 bp in May to 20% currently.
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On top of all the rate cuts, PBOC also made its biggest injection of funds into the money market in nearly six months. The PBOC injected a net 225 billion yuan ($34.5 billion) through the reverse-repurchase operations(repo) on last Tuesday and Friday, following a combined injection of 291 billion yuan in the previous four weeks.
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2. The systematic short-circuit of debt financing’s in order
So why PBOC is in such an urge to open the floodgate of liquidity? This economist will spare you the boredom of looking at the diagrams of China’s economic misery: HSBCPMI, etc, since you can find those eye candies everywhere else on the web. Let me cut to the chase: However high it aims, PBOC’s action in practice merely work as the band aid to the bleeding economy. But it won’t be able to fix it. The central bank’s aggressive pro-liquidity maneuvers at best serve to sustain the over-leveraged economy and avoid the systematic short-circuit of debt financing. Now allow me to divulge:
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The main drivers of China’s debt financing, China’s state-owned banks, are starving for cash. According to Citigroup estimates, in 2011 seven of the biggest Chinese banks raised 323.8 billion renminbi ($51.4 billion) of new fund. Several financial firms are expected to raise another $17.7 billion in the next few months, with China’s fifth-biggest lender, the Bank of Communications, accounting for $9 billion. The unprecedented lending binge encouraged by the central government,increasingly rigorous requirement of regulatory capital and excruciating maintenance of excessive dividend payouts have rendered the most-profitable banks in the world–Chinese banks–in a rather precarious position.
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GaveKal’s data will illustrate this is no exaggeration: In 2010, China’s five biggest banks — the Big Four plus the Bank of Communications — paid more than 144 billion yuan in dividends while raising more than 199 billion yuan on the capital markets. The ballooning balance sheet caused by the loan frenzy and strict capital requirement make China’s banks’ cash-craving burning at both ends:this march, China’s big four— Industrial and Commercial Bank of China, the Bank of China, China Construction Bank and Agricultural Bank of China — have a combined 14 percent increase in total assets, to 51.3 trillion yuan, which is roughly the size of the German, French and British economies combined.
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Meanwhile, under a new set of rules, the country’s biggest banks will need to increase their capital levels to 11.5 percent of assets by the end of 2013.Their core Tier 1 capital ratio will need to be at least 9.5 percent. These requirements are more stringent than the rules that apply to American and European banks. Hereby, we shouldn’t be surprised why the world’s most profitable banks are in the dire need of cash. It has to be PBOC who comes to the rescue.
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read more!
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London’s Militarised Olympic Games Conjures Up Orwell’s 1984 !
The Royal Navy’s largest battleship, HMS Ocean, will be moored on the Thames at Greenwich, providing a logistical command centre during the London Olympics.
- Something is going on behind the scenes in the London 2012 Olympics! They appear to be preparing for a massive terrorist attack. The western Illuminati are crazy enough to activate Operation BlackJack! A false flag nuclear terror attack operation in 7 major western cities: London is one of the city. I advise all to stay away from London until end October at least.
- - The Illuminist’s philosophy is: Order Out of Chaos! They use false flag terrorism repeatedly to herd the sheeple into new wars! 9/11 was obviously an inside job planned by the western Illuminati and executed via the CIA and Mossad. At the moment, the west’s propaganda for war against Syria and Iran are failing. They may trigger a false flag attack far worse than 9/11 to scare the sheeple into their Satanic World War 3 plan! London Olympics is a perfect ‘opportunity’ as the eyes of the world, the global media will be focused on it. These people are genocidally insane! Let us hope all of these are just fear mongering and nothing bad will happen! (emphasis mine)
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London’s Militarised Olympic Games Conjures Up Orwell’s 1984!
by Finian Cunningham, http://www.globalresearch.ca/
The London Olympics are fast taking on the appearance and tone of a full-scale land, sea and air military operation rather than an international sporting event.
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With surface-to-air missiles stationed on top of residential apartment blocks, Royal Navy battleships on alert and Royal Air Force fighter jets and helicopters patrolling the skies over Britain’s capital there is a foreboding sense of a nation at war instead of an occasion of internationalist fraternity that the ancient Games are supposed to embody.
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The Games begin in just under two weeks. The latest development is the announcement by Britain’s Ministry of Defence that 3,500 extra troops are to be deployed to ensure security at the 30 venues hosting sporting events. This is in addition to the 13,500 military personnel already assigned to protect members of the public and sports teams from the risk of terrorist attack.
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British General Sir Nick Parker, overseeing the security arrangements, has said that one of the contingencies being planned for is dealing with a “9/11 type event”. The total troop deployment in and around London represents 7,000 more personnel than is currently on British operations in Afghanistan.
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This figure is in addition to the 10,000 extra police officers and a division of 10,000 private security guards. It was the disclosure that G45, the private security firm with the Olympics contract, could not fulfill its manpower requirements to cover the Games that prompted the latest enlisting of additional soldiers.
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The militarization of the Olympics was conveyed inadvertently by a spokesman for the Ministry of Defence when he said: “Many of the people whom the public will meet at the point of entry to any Olympic event will now be a serving member of the armed forces.”
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Boris Johnson, the maverick Mayor of London, said in a statement: “The mayor takes the issue of Olympics security extremely seriously, and having the finest and bravest service men and woman in the world at our disposal during the Games should be a source of great comfort.”
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The Royal Navy’s largest battleship, HMS Ocean, will be moored on the Thames at Greenwich, providing a logistical command centre during the event. It will also provide a base for Lynx helicopters manned with snipers to make round-the-clock sorties over the capital.
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Royal Marines on patrol boats and inflatable dinghies are also assigned on the iconic river that snakes its way through London’s historic landmarks. The RAF will also be patrolling the skies over the capital with Puma helicopters and Typhoon fighter jets operating out of RAF Northolt in West London and Ilford in East London.
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But the most controversial deployment has been the installation of surface-to-air missile batteries in residential apartment blocks in the impoverished, rundown East End of London. Residents recently lost a court battle to prevent the Rapier SAM batteries being installed.
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read more!
Rapier SAM Battery to be installed on residential apartment blocks in London’s East End
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Civil War Declared in Syria, Globalist’s Formula for WW III Begins!
World War 3 is near?
- Civil War Declared in Syria, Globalist’s Formula for WW III Begins!
By Susanne Posel, theintelhub.com
The Syrian opposition is doing a fine job as directed by the CIA .
The connection between these “rebels” and the US government is uncanny. Mainstream media has downplayed the Western intervention into the Syrian conflict, referring to them as “pro-democracy campaigners” without admitting their political agendas or ties.
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The same champions of former President G.W. Bush’s invasion of Iraq are cheering on the sidelines, waiting for Obama’s unconstitutional declaration of war in Syria.
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Speaking for the Syrian National Council (SNC) is Bassma Kodmani, who was an attendee at the Bilderberg Meeting this year in Chantilly, Virginia. The SNC have had the closest contact to Obama’s administration and called specifically for US forces to militarily strike Syria early on in the conflict.
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Kodmani has declared : “No dialogue with the ruling regime is possible. We can only discuss how to move on to a different political system.” She also has stated : “The next step needs to be a resolution under Chapter VII, which allows for the use of all legitimate means, coercive means, embargo on arms, as well as the use of force to oblige the regime to comply.”
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The NATO forces or “armed peacekeepers” have been waiting in the wings for their direction to attack. Over 10,000 men armed with “highly-sophisticated weapons, including anti-tank missiles” entered into Syria to assist in the conflict and bloodshed. These trained terrorists took up positions in the suburban areas while other armed groups attacked Assad’s military.
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In Turkey, while the CIA trains oppositional forces against Assad, there has developed an element of instability within the Kurds against Erdogan, who supports the CIA operatives.
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Through Palestinian Intelligence sources, Turkey provided evidence that Erdogan had direct involvement in the Gaza Flotilla killings. These murders aided the Turkish Muslim Brotherhood who was opposed to military action against Syria.
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Could the same forces who have orchestrated uprisings in the Middle East as so-called “Arab Springs” be planning another in Turkey?
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The Council on Foreign Relations (CFR) has admitted involvement with the “ Arab Reform Initiative ” (ARI) and the US/Middle East Project that is a consortium of senior diplomats, intelligence officers and financiers that are directed to control regional “policy analysis” to ensure conflict while purporting stability.
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To finance the forced regime change in Syria, the CFR have employed the Centre for European Reform (CER), while using advise from Peter Sutherland from Goldman Sachs. Advisers to the project include:
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• Brent Scowcroft, former US National Security adviser
• Zbigniew Brzezinski, influential to Obama’s rise to presidency
• George Soros, providing monies from his Open Society Foundation
• Charles Grant, former defense editor of the Economist
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Now the Red Cross has declared that civil war is officially sited as Homs and Hama are noted as war zones. This means that combatants are subject to the Geneva Conventions and possibly be tried as war criminals in international court.
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UN Secretary-General Ban Ki-moon is beginning talks with Russia and China in an attempt to coerce them into supporting the pending military strike against Syria. The US, the UN and Israel are gathering up forces and making ready for the war they have been planning on for quite some time.
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read more!
The white horseman logo of the Illuminati Council on Foreign Relations (CFR). They labour to lay the foundation for the coming of the white horseman, the fake messiah, the Anti-Christ, the bringer of false peace of Revelation 6.
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On The Verge of An All Out War? Massive Military Build-Up in The Persian Gulf !
- The Illuminist plan is: global economic, financial and currency collapse leading to their Satanic World War 3 (the major component of which is a Greater Middle East war). Aug-Oct 2012, IMO, is when the actions will begin! I believe the Greater Middle East war: Zionist ’666′ Israel vs Muslim World will be nuclear. I do not think that nuclear weapons will be employed outside of the Middle East. The Illuminist plan appears to favor bio-weapons ie. weaponized ethnic/race specific Bird Flu. (emphasis mine)
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Albert Pike’s Satanic World War 3 Plan
“The Third World War must be fomented by taking advantage of the differences caused by the “agentur” of the “Illuminati” between the political Zionists and the leaders of Islamic World. The war must be conducted in such a way that Islam (the Moslem Arabic World) and political Zionism (the State of Israel) mutually destroy each other. Meanwhile the other nations, once more divided on this issue will be constrained to fight to the point of complete physical, moral, spiritual and economical exhaustion…
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On the Verge of An All Out War? Massive Military Build-Up in the Persian Gulf!
by Ben Schreiner, http://www.globalresearch.ca/
The familiar menace of U.S. war drums have resumed at a fevered pitch, as Iran finds itself once again firmly within the Pentagon’s cross hairs.
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According to multiple reports, the U.S. is currently in the midst of a massive military build-up in the Persian Gulf on a scale not seen in the region since prior to the 2003 U.S. invasion of Iraq. The military surge reportedly includes an influx of air and naval forces, ground troops, and even sea drones. Lest one forgets, the U.S. already has two aircraft carriers and their accompanying striker groups in the region.
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A growing sense of Iran war fever can also be seen mounting in Washington. For instance, in an effort to foil ongoing nuclear negotiations between Iran and the so-called P5+1 (the five permanent members of the U.N. Security Council plus Germany), a bipartisan group of 44 U.S. Senators recently sent a letter to President Obama urging the administration to “focus on significantly increasing the pressure on the Iranian government through sanctions and making clear that a credible military option exists.”
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Such hawkish posturing occurs despite the fact that the U.S. intelligence community (as well as the Israeli intelligence community, for that matter) finds no evidence that Iran has decided to pursue a nuclear weapon–the ostensible reason behind Western sanctions and threats of attack. Moreover, as an April Pentagon report states, Iran’s military doctrine remains one of self-defense, committed to “slow an invasion” and “force a diplomatic solution to hostilities.” (Compare this to the U.S. military doctrine rife with notions of global “power projection” and one sees where the credible threat lies.)
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The nuclear issue, though, is but a pretext used to veil U.S. imperial designs in the region. As a senior U.S. Defense Department official recently let slip to the New York Times: “This is not only about Iranian nuclear ambitions, but about Iran’s regional hegemonic ambitions.” In other words, it is about removing one of the last irritants to U.S. power projection in the resource-rich Middle East.
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Of course, Iran already finds itself under siege from a lethal trifecta comprised of U.S.-led cyber attacks, Israeli-led assassinations, and oppressive Western economic sanctions. The latter of which has left ordinary Iranians to confront a toxic mix of ballooning inflation and rampant unemployment. In short, as Conn Hallinan writes at CounterPunch, the West is “already at war with Iran.”
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The question, then, is just how far this “war by other means” shall ultimately escalate?
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Towards a Dangerous Escalation
Although punitive economic sanctions are frequently sold as an alternative to war, history is replete with evidence to the contrary. In the end, sanctions are often but a prelude to military hostilities. (One only needs to cross over to Iraq and look at the history of Western sanctions and eventual U.S. invasion.)
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In fact, a recent report in the New York Times warned of much the same. The current round of Western economic penalties imposed on Iran, the paper wrote, “represent one of the boldest uses of oil sanctions as a tool of coercion since the United States cut off oil exports to Japan in 1940. That experiment did not end well: The Japanese decided to strike before they were weakened.”
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But much like the attempted torpedoing of Japan’s economy prior to the Second World War, the current attempt to bring Iran to its knees via economic sanctions may very well be designed to draw an attack from Iran–thus creating a justification for a full-fledged U.S. military campaign to impose “regime change.”
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And much the same as in the 1940s, a global crisis of capitalism greases our current path to war. After all, war enables the forcible opening of new markets, along with bounties galore to be wrought via “creative destruction”; both of which are desperately needed for the sustenance of an imperiled economic system predicated on limitless growth and expansion. Indeed, this enduring allure of war has already reared its ugly head amidst the current crisis.
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The colonial smash-and-grab that was the 2011 N.A.T.O. intervention into Libya, as Alexander Cockburn has deemed it, was our first evidence that Western elites have settled on war as a means to resolve the current intractable capitalist crisis. But the spoils from Libya have proven to be insufficient to revive growth stymied since the onset of the 2008 financial crisis.
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A heavily sanctioned Iran, on the other hand, boasts a G.D.P. over five times larger than pre-“liberated” Libya, while also sitting atop the world’s third largest oil reserves and the second largest natural gas reserves. A defeated and placated Iran able to be enveloped more fully into the U.S.-dominated capitalist system thus holds great potential for global capitalism’s needed regeneration. Of course, in seizing control over Iran’s energy resources, the U.S. and its allies would also come to possess a monopoly over the Middle East’s energy resources–a strategic key in any future conflict with rivals Russia and China.
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And so it is that under the imperative of renewing global capitalism that the U.S. swiftly amasses its military hardware to the Persian Gulf under to cloak of combating nuclear proliferation. The accompanying talk of military hostilities and of using “all options” against Tehran by elites in Washington thus ought not to be taken as idle threats.
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Clearly, we stand at the very precipice of outright war.
Why is genocidal madman Netanyahu screaming for war with Iran? It is all about the global petrodollar hegemony!
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11 International Agreements That Are Nails In The Coffin Of The Petrodollar!
Who owns the world reserve currency, the global monetary hegemony? Look at the Satanic capstone on your dollar bill. The Luciferian New World Order will be complete with the arrival of the Satanic capstone: the Anti-Christ, fake messiah, bringer of false peace, the white horseman of Revelation 6!
- The days of the USD as world reserve currency are numbered. The Illuminists know this. They will not allow their global monetary (ie. fiat currency) hegemony go quietly into the night. All attempts at challenging their petrodollar standard have been met with war. Think Iraq and Libya; and now Iran! They plan a replacement for the USD, a One World Currency backed by gold !
- - The western Illuminati will not allow any currency to challenge their fiat currency dominance. I do not believe they will allow the CNY to replace the USD. How do you get countries all over the world to accept a new One World Currency? By destroying all fiat currencies via hyperinflation, a global currency meltdown. After which they will announce the One World Currency backed by gold ie. it will be as good as gold. To implement this new World Financial / Monetary Order, the path chosen is world war! Any country which refuses to accept this new Luciferian Global Monetary Hegemony, Global Supra-National Central Bank (likely to be a IMF 2.0), will be bombed till kingdom come!
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11 International Agreements That Are Nails In The Coffin Of The Petrodollar!
by http://theeconomiccollapseblog.com/
Is the petrodollar dead? Well, not yet, but the nails are being hammered into the coffin even as you read this. For decades, most of the nations of the world have used the U.S. dollar to buy oil and to trade with each other. In essence, the U.S. dollar has been acting as a true global currency. Virtually every country on the face of the earth has needed big piles of U.S. dollars for international trade. This has ensured a huge demand for U.S. dollars and U.S. government debt. This demand for dollars has kept prices and interest rates low, and it has given the U.S. government an incredible amount of power and leverage around the globe.
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Right now, U.S. dollars make up more than 60 percentof all foreign currency reserves in the world. But times are changing. Over the past couple of years there has been a whole bunch of international agreements that have made the U.S. dollar less important in international trade. The mainstream media in the United States has been strangely quiet about all of these agreements, but the truth is that they are setting the stage for a fundamental shift in the way that trade is conducted around the globe. When the petrodollar dies, it is going to have an absolutely devastating impact on the U.S. economy. Sadly, most Americans are totally clueless regarding what is about to happen to the dollar.
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One of the reasons the Federal Reserve has been able to get away with flooding the financial system with U.S. dollars is because the rest of the world has been soaking a lot of those dollars up. The rest of the world has needed giant piles of dollars to trade with, but what is going to happen when they don’t need dollars anymore?
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Could we see a tsunami of inflation as demand for the dollar plummets like a rock? The power of the U.S. dollar has been one of the few things holding up our economy. Once that leg gets kicked out from under us we are going to be in a whole lot of trouble.
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The following are 11 international agreements that are nails in the coffin of the petrodollar….
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#1 China And Russia
China and Russia have decided to start using their own currencies when trading with each other. The following is from a China Daily article about this important agreement….
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China and Russia have decided to renounce the US dollar and resort to using their own currencies for bilateral trade, Premier Wen Jiabao and his Russian counterpart Vladimir Putin announced late on Tuesday.
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Chinese experts said the move reflected closer relations between Beijing and Moscow and is not aimed at challenging the dollar, but to protect their domestic economies.
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“About trade settlement, we have decided to use our own currencies,” Putin said at a joint news conference with Wen in St. Petersburg.
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The two countries were accustomed to using other currencies, especially the dollar, for bilateral trade. Since the financial crisis, however, high-ranking officials on both sides began to explore other possibilities.
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#2 China And Brazil
Did you know that Brazil conducts more trade with China than with anyone else? The largest economy in South America has just agreed to a huge currency swap deal with the largest economy in Asia. The following is from a recent BBC article….
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China and Brazil have agreed a currency swap deal in a bid to safeguard against any global financial crisis and strengthen their trade ties. It will allow their respective central banks to exchange local currencies worth up to 60bn reais or 190bn yuan ($30bn; £19bn). The amount can be used to shore up reserves in times of crisis or put towards boosting bilateral trade.
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#3 China And Australia
Did you know that Australia conducts more trade with China than with anyone else? Australia also recently agreed to a huge currency swap deal with China. The following is from a recent Financial Express article….
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The central banks of China and Australia signed a A$30 billion ($31.2 billion) currency-swap agreement to ensure the availability of capital between the trading partners, the Reserve Bank of Australia said.
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“The main purposes of the swap agreement are to support trade and investment between Australia and China, particularly in local-currency terms, and to strengthen bilateral financial cooperation,” the RBA said in a statement on its website. “The agreement reflects the increasing opportunities available to settle trade between the two countries in Chinese renminbi and to make RMB-denominated investments.”
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China has been expanding currency-swap accords as it promotes the international use of the yuan, and the accord with Australia follows similar deals with nations including South Korea, Turkey and Kazakhstan. China is Australia’s biggest trading partner and accounts for about a quarter of the nation’s merchandise sales abroad.
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#4 China And Japan
The second and third largest economies on the entire planet have decided that they should start moving toward using their own currencies when trading with each other. This agreement was incredibly important but it was almost totally ignored by the U.S. media. According to Bloomberg, it is anticipated that this agreement will strengthen ties between these two Asian giants….
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read more!
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end
About
Societal and economics observer and commentator with an endtimes, future history perspective. Follow me at Twitter: socioecohistory
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