[4:08 AM, 10/4/2016] +91 99714 07788: Iran Debuts Drone Based on Commandeered US ModelIran’s military has unveiled its latest drone, and it bears a number of similarities to the American UAV that crashed in the Islamic republic five years ago.sputniknews.com
[4:08 AM, 10/4/2016] +91 99714 07788: Iran Debuts Drone Based on Commandeered US Model
https://sputniknews.com/middleeast/20161003/1045964950/iran-thunderbolt-drone.html
[7:29 AM, 10/6/2016] +91 99714 07788: The most powerful lessons of Malcolm to teach me, was when Malcom spoke about the house slave and the field slave. There is a difference between house and field slaves. A slave is one who does not have its freedom. The house slave is the one, who identifies with the slave master. He is an appendix of the slave master. He lives in the slave master's house, he cleans his shoes. If the slave master is ill, Malcolm says, the slave will come to him and say to the master: “We are ill”. He will identify himself with the slave-master. We got a lot of them today in the world of Islam. Their kibla is in Washington.
We are sick, we are ill. Slave, house slave, he is externally slave and internally slave as well. He is been colonized, even his mind and his heart has been colonized. But Malcom spoke also about the field slave who maybe externally is slave but internally he’s not a slave. Internally, he is still a freeman. And a freeman and a freewoman cannot tolerate injustice and oppression. Only field slaves are submitted to injustice and oppression. A freeman will never submit to injustice and oppression. And that’s a field slave. Yes, I am a slave. But internally I am free. And because he has zero tolerance for injustice and oppression, he hates the slave master. And he hates the system of slavery and oppression. So the slave master is scared of him. He’s dangerous.
Malcolm would say about the field slaves, if the slave master's house is on fire, the house slave will run for water to try to extinguish the fire. But the field slave will look at it and let it burn. Let it burn. That’s the difference between a house slave and field slave. America's war-talk is all bluster, Putin has slammed it with a geopolitical judo swing -- Sott.netWith a swift, determined twist, Russian leader Vladimir Putin has wrong-footed his American adversary, pinning him to the ground over the Syrian crisis. Writhing and flustered, the American opponent is protesting at being upended. First, in the...www.sott.net
[7:44 AM, 10/6/2016] +91 99714 07788: https://www.sott.net/article/330210-Americas-war-talk-is-all-bluster-Putin-has-slammed-it-with-a-geopolitical-judo-swing
[7:44 AM, 10/6/2016] +91 99714 07788: http://katehon.com/article/most-powerful-lessons-malcolm-x
[7:45 AM, 10/6/2016] +91 99714 07788: et’s face it, the six Anglo-American media giants that dominate the western world, can spend billions on propaganda. Money doesn’t matter. Money is made of thin air. Money for wars doesn’t matter either – it’s also made of thin air. It’s made by the dollar manufacturing machine, meaning the US private banking system. Today, 97% of all the money produced in the US is made by private banks in the form of debt, mostly by Wall Street. And the epitome of financial fraud throughout the globe is Goldman Sachs, the same GS that makes EU financial and monetary policy, through the European Central Bank which is headed by a former GS executive.
So the rest of the world, which is buying US debt as treasury bonds in their reserve coffers, is actually financing all the wars and the slandering of unbending nations, like Syria, Russia, China, Iran, Venezuela – and the list is growing every day, as people are resisting. Most of the propaganda is directed against the very nations that are held hostage by the western dollar-based casino scheme. To add a little caveat: It is all controlled by the Rothschild gang, in connivance with the Rockefellers and consortia of this world, as is the FED itself.
http://www.globalresearch.ca/war-propaganda-syrias-destruction-by-the-lies-of-the-western-media-washington-will-never-let-go-their-target-is-world-hegemony/5549508
[7:47 AM, 10/6/2016] +91 99714 07788: http://www.globalresearch.ca/globalization-is-the-demise-of-humanity-towards-an-economy-of-peace-with-an-alternative-monetary-system/5545014 Samir Amin: How to defeat the Collective Imperialism of the TriadAn exclusive interview for Katehonkatehon.com
[7:49 AM, 10/6/2016] +91 99714 07788: http://katehon.com/article/samir-amin-how-defeat-collective-imperialism-triad
note India is not mentioned in team to oppose usa
[7:52 AM, 10/6/2016] +91 99714 07788: http://www.globalresearch.ca/globalization-is-the-demise-of-humanity-towards-an-economy-of-peace-with-an-alternative-monetary-system/5545014
Greece is a typical showcase, strangled into misery by a rigged monetary system. Similar criminal deeds emanating from the dollar denominated worldwide “Ponzi” scheme, are “sanctions”, punishing countries that do not submit to the tyrannical dominance of the empire, blocking trade, confiscating assets, foreign currency accounts – and more. This is possible, because the US dollar scam-currency still dominates international trade. As long as hundreds of trillions of dollars are flooding the globe, it is possible to manipulate the value of any currency, including gold. The secretive Basle-based BIS (Bank for International Settlement), also called the central bank of central banks, entirely privately owned and controlled by Rothschild and Co, is best suited for such manipulations.
No wonder, breaking loose from this abusive monetary scheme is number one priority of most countries that treasure sovereignty, autonomy and freedom, though many do not dare say so openly, lest the empire lashes out at them punishing them with the very financial terror they want to escape from – illegal economic sanctions. And lashing out at the unaligned nations the empire does, like a dying beast, attempting to pull with it much of the living world into its own shoveled grave.
The western culture is based on aggressive, greed driven mono-theistic Judo-Christianism. It foments constant competition instead of cooperation, conflict instead of harmony, supremacy instead of solidarity. It thrives on a constant growth fetish which flourishes on extreme consumerism – it plunders mercilessly the earth’s natural resources, representing an unsustainable marauder economy, bound to implode rather sooner than later.
Since the ascent of neoliberalism in the 1980s, exacerbated by the auto-coup 9/11, the Washington-declared war on terror has killed an estimated 12 to 15 million people around the globe in the last 15 to 20 years. It has also fed and fueled the US military-security complex that by now accounts for a majority of the US economic output, including associated industries and services.
[8:07 AM, 10/6/2016] +91 99714 07788: Those African slaves who become house slaves, we don’t have to worry about them, we can put one of them in TV and make a star like Oprah, we could make one of them a boxing star, we could put other of them and make them musicians, you won. And they will become entertainment. And they would constitute no theat.
"What should we do with the field slaves?", the masters thought. And they responded: "We must insure that they all become Christians, our version of Christianity, the western version." We say you mustn’t grow a beard. The only one who will be allowed to have beard, a big one, and who visit us once a year with the deer flying in the sky. We call him Santa Claus. Everybody, shave off you beard.
I’m talking about the Western version of Christianity. I call it the Santa Claus version of Christianity. Not the other one which is in Russia. They want the whole world to be a carbon copy of itself. This Christianity which allies itself with Judaism, make the Judaic-Christian's core.
But other Christianity has no connection with Judaism. The one Christianity has monasticism. That Christianity doesn’t want to make the carbon copies of itself all over the world. No. Orthodox Christianity in Russia, Greece, Bulgaria, Armenia, Syria, Egypt. Orthodox Christianity has no such an agenda of transforming the rest of mankind into copies of itself.
So the African American people must become copies of this western version of Christianity. So we can box them in it. But there was always a danger of Islam, because Islam was the dominant religion of Africa.
We take the slaves from Africa, so, masters said; we gave them a version of Islam. The field slaves would be taken for a ride. Many Americans, listening to this lecture, are going to be very angry with me. But the truth is the truth…
In the other version given to them is
[6:27 PM, 10/2/2016] +91 99714 07788: www.counterpunch.org - http://www.counterpunch.org -
Can Russia Learn From Brazil’s Fate?
Posted By Paul Craig Roberts – Michael Hudson On September 30, 2016 @ 2:01 am In articles 2015,Leading Article | Comments Disabled
Photo by PSB Nacional 40 | CC BY 2.0
Photo by PSB Nacional 40 | CC BY 2.0
William Engdahl recently explained how Washington used the corrupt Brazilian elite, which answers to Washington, to remove the duly elected President of Brazil, Dilma Rousseff, for representing the Brazilian people rather than the interests of Washington. Unable to see through the propaganda of unproven charges, Brazilians acquiesced in the removal of their protector, thereby providing the world another example of the impotence of democracy.
Everyone should read Engdahl’s article. He reports that part of the attack on Rousseff stemmed from Brazil’s economic problems deliberately created by US credit rating agencies as part of Washington’s attack to down grade Brazilian debt, which set off an attack on the Brazilian currency, the real.
Brazil’s financial openness made Brazil an easy target to attack. One might hope that Vladimir Putin would take note of the cost of “economic openness.” Putin 2KillingTheHost_Cover_ruleis a careful and thoughtful leader of Russia, but he is not an economist. He has confidence in neoliberal Elvira Nabiulina, Washington’s choice to head the Russian central bank. Nabiulina is unfamiliar with Modern Monetary Theory, and her commitment to “economic openness” leaves the Russian economy as exposed as Brazil’s to Washington destabilization. Nabiuina believes that the assault on the ruble is due to impersonal “global market forces,” not to Washington’s financial clout.
Nabiulina, an indoctrinated and propagandized neoliberal, is essentially a servant of Washington, not that she is aware of her role as “useful idiot.” She delights in the applause she receives from the Washington Consensus for leaving the Russian economy open to Washington’s manipulation. Being a neoliberal, she does not understand that Russia’s central bank can create at zero cost the money with which to finance productive projects in Russia. Instead, she thinks that the money entering the economy from the central bank is inflationary, but the money entering the economy from foreign sources is not.
Money is money regardless of whether it is made available by the central bank or by foreign creditors. As long as the money, whatever its source, is used productively, the money is not inflationary.
There is a huge difference between the money created by the central bank and the money created by foreign creditors. Money lent by foreign banks in the form or US dollars or euros must be repaid with interest in the foreign exchange in which the money was lent. Money created by the central bank to finance public infrastructure projects does not have to be repaid at all, much less with interest and in foreign exchange earned by exports.
Funds acquired from borrowing abroad bring many risks. The money can be pulled out, collapsing a freely traded ruble. The interest that must be paid is a drain on Russia’s foreign currency reserves. Foreign borrowing also brings a foreign exchange risk, which rises with economic sanctions. If the ruble drops in value or is driven down with an orchestrated attack, the ruble cost of the foreign loan can rise dramatically.
None of these risks and costs are present when the central bank is the source of money. The appropriate use of the Russian central bank is to create the money with which to finance public projects and to serve as lender of last resort to private Russian companies unable to obtain funding elsewhere. This use of the central bank insulates the Russian economy from orchestrated destabilization.
It is unfortunate for Russia that Nabiulina and prime minister Dmitry Medvedev believe that Russian debt financed by hostile foreigners is preferable to money created by Russia’s own central bank. Glazyev, alone among Putin’s advisers, understands this. We suspect that the Atlanticist Integrationists have a target on Glazyev’s back as they hope to integrate Russia with the West regardless of the costs to Russia. These Russian “America Worshipers” are Russia’s greatest problem.
For Washington, neoliberal austerity is for “export only” to countries that Washington intends to turn into dependent financial colonies. By accommodating Washington’s goal, Nabiulina is engaging in a charade. The dollars and euros borrowed from abroad are not the money that goes to the Russian borrowers. The borrowed foreign exchange is held by the central bank. Nabiulina then creates the rubles that finance the projects. There is no point whatsoever to borrowing foreign currencies as backing for domestically created rubles. Regardless of whether Russia borrows abroad, the central bank must create rubles with which to finance the projects. So there is no point to the foreign borrowing.
A Russian government that cannot understand this is in deep trouble.
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Article printed from www.counterpunch.org: http://www.counterpunch.org
[9:10 PM, 10/2/2016] M Jayaram Bang. mj: Look carefully - replace Putin with Modi and change the neoliberal names, it looks like India ??
The only flaw in this argument is that if the country is a net borrower and that too for basic needs like food and energy , to remain in the system and break away is difficult. Russia, unlike India has largest deposits of gold below ground and exporter of oil and gas. They can easily follow the method suggested.
In India, Modi will have to contend with oil price manipulation, orchestrated protests and morchas, neoliberal sickular media and cross-border terror strikes- and all this in an impotent democracy.
[9:20 PM, 10/2/2016] +91 99714 07788: I agree .
This is why modi has already sold us out .
[10:49 PM, 10/2/2016] +91 99714 07788: Imp
I do not agree re modi s constraint s re our import needs .
Say , we try ,
To give few months notice and shift to 1 dlr equals 200 rs .
No more loans in dlrs .
And corresponding many steps .
Only only benefits .
Secondly , bills acceptances via Indian equity only corporation to increase effective money supply , by 20 times or more for payments for work done . Feder , Hitler ,Schact.
Foreign Investment only in rs.
Aim at 20 % price drop per year for few years .
[11:02 PM, 10/2/2016] M Jayaram Bang. mj: Look at the import cost of fuel which will be linked to the dollars and funding of revolutions will become 4 times cheaper. We need the system but a calibrated variation. It will not be as easy as described. And starting with Modi we have jokers or neoliberal all around. No one to even think of cabal
[11:18 PM, 10/2/2016] +91 99714 07788: So
Immly correct signals in economy to cut down consumption imports .
The c category people bottom 60 % will hardly be affected .
Modi will have to share India with foreign cabal and their Indian frds for few years , just like Russia , China .
But we wd put foreign cabal on notice that we want to break away and that we shall pay price thru much lower wages in India .
The fight for control away from foreign cabal may even be taken to their other vassals .
.....
[8:18 AM, 10/3/2016] +91 99714 07788: I admit impact of cabal , I have not factored in , while typing suggestion s above .
Whereas I accept the existence and huge force of cabal , in past present and future , when you alert me to it , by myself I have yet to develop the habit to give cabal predominant position in thinking the future !
Also , since my perspective remains future n present , let us discuss how to factor cabal in .
[8:51 AM, 10/3/2016] M Jayaram Bang. mj: Tostart with PN investment and hot money investment in stock and bond market to be stopped.
Second, swith over to transaction tax and demonetizing ₹ 500 and ₹ 1000 notes to put the cabal thinkers on a spin. It will take them some time to understand the change.
Encourage foreign investment in infrastructure and industries. Give them a tax break ( even no income tax at all ). This will increase the make in India approach. Allow concessional export facilities which will allow us generate the toilet $
Hopefully , the trade imbalalance will increase so much that India will become too big to be allowed to fail.
In meanwhile exchange dollars for rupees to Indian industry and one advantage India has - even if you increase per capita by 5℅ a new market equal to size of Europe is created locally.
Foodgrain must be given top priority and lentils to be outsourced. Sugar cane cultivation to be reduced drastically ( cheaper to import sugar).
Refining to be enlarged substantially - crude is cheaper than finished products
Well I think I have outlined the main principles
[6:35 PM, 10/3/2016] M Jayaram Bang. mj: R U there ?
[6:39 PM, 10/3/2016] +91 99714 07788: Busy ...housekeeping
Maid S viral dengue hospi
I ll revert
[7:41 AM, 10/6/2016] +91 99714 07788: http://katehon.com/article/most-powerful-lessons-malcolm-x
[7:54 AM, 10/6/2016] +91 99714 07788: http://www.allchinareview.com/economy-of-peace-with-an-alternative-monetary-system-is-in-reach/
[8:08 AM, 10/6/2016] +91 99714 07788: Those African slaves who become house slaves, we don’t have to worry about them, we can put one of them in TV and make a star like Oprah, we could make one of them a boxing star, we could put other of them and make them musicians, you won. And they will become entertainment. And they would constitute no theat.
"What should we do with the field slaves?", the masters thought. And they responded: "We must insure that they all become Christians, our version of Christianity, the western version." We say you mustn’t grow a beard. The only one who will be allowed to have beard, a big one, and who visit us once a year with the deer flying in the sky. We call him Santa Claus. Everybody, shave off you beard.
I’m talking about the Western version of Christianity. I call it the Santa Claus version of Christianity. Not the other one which is in Russia. They want the whole world to be a carbon copy of itself. This Christianity which allies itself with Judaism, make the Judaic-Christian's core.
But other Christianity has no connection with Judaism. The one Christianity has monasticism. That Christianity doesn’t want to make the carbon copies of itself all over the world. No. Orthodox Christianity in Russia, Greece, Bulgaria, Armenia, Syria, Egypt. Orthodox Christianity has no such an agenda of transforming the rest of mankind into copies of itself.
So the African American people must become copies of this western version of Christianity. So we can box them in it. But there was always a danger of Islam, because Islam was the dominant religion of Africa.
We take the slaves from Africa, so, masters said; we gave them a version of Islam. The field slaves would be taken for a ride. Many Americans, listening to this lecture, are going to be very angry with me. But the truth is the truth…
[8:13 AM, 10/6/2016] +91 99714 07788: What is to be Done?
Many critics of parasitic finance capital have called for a robust regime of regulation of the financial sector. Experience shows, however, that as long as the dynamics and structures of the accumulation of capital are left intact, regulation cannot provide an effective long-term solution to the recurring crises of financial bubble and bursts.
For one thing, due to the political influence of powerful financial interests, financial regulations would not be implemented in a meaningful way, as evinced, for example, by policy responses to the 2008 financial implosion and the ensuing Great Recession.
For another, even if regulations are somehow implemented, they would provide only a temporary relief. For, as long as there is no community or real democratic control, regulations would be undermined by the influential financial interests that elect and control policy-makers. The dramatic reversal of the extensive regulations of the 1930s and 1940s that were put in place in response to the Great Depression and World War II to today’s equally dramatic deregulations serves as a robust validation of this judgment. This means that the need to end the recurring crises of the capitalist system requires more than financial regulation; it calls for changing the system itself.
Other critics of parasitic finance capital have called for public banking. The idea of bringing the banking industry, national savings and credit allocation under public control or supervision is neither complicated nor necessarily socialistic or ideological. In the same manner that many infrastructural facilities such as public roads, school systems and health facilities are provided and operated as essential public services, so can the supply of credit and financial services be provided on a basic public utility model for both day-to-day business transactions and long-term industrial projects.
As pointed out earlier, provision of financial services and/or credit facilities after the model of public utilities would lower financial costs to both consumers and producers by about 35 to 40 percent. By thus freeing consumers and producers from what can properly be called the financial overhead, or rent, similar to land rent under feudalism, the public option credit and/or banking system can revive many stagnant economies that are depressed under the crushing burden of never-ending debt-servicing obligations.
Even in the core capitalist countries public banking has occasionally been used to save capitalism from its own systemic crises. For example, in the face of the Great Depression of the 1930s, and following the Hoover administration’s unsuccessful policy of trying to bailout the insolvent banks, the F.D.R. administration was compelled to declare a “bank holiday” in 1933, pull the plug on the terminally-ill banks and take control of the entire financial system. The Emergency Banking Act of 1933, introduced by President Roosevelt (four days after he declared a nationwide bank holiday on March 5, 1933) and passed by Congress on March 9th, guaranteed full payment of depositors’ money, thereby effectively created 100 percent deposit insurance. Not surprisingly, when the banks reopened for business on March 13, 1933, “depositors stood in line to return their stashed cash to neighborhood banks” [11].
Similarly, in the face of the collapse of its banking system in the early 1992, the Swedish state assumed ownership and control of all the insolvent banks in an effort to revive its financial system and prevent it from bringing down its entire economy. While this wiped out the existing shareholders, it turned out to be a good deal for taxpayers: not only did it avoid costly redistributive bailouts in favor of the insolvent banks, it also brought taxpayers some benefits once banks returned to profitability.
Both in Sweden and the United States once profitability was returned to insolvent banks their ownership was returned to private hands! It is perhaps this kind of capitalist governments’ commitment to powerful financial–corporate interests that has prompted a number of critics to argue that one definition of capitalism is that it is a system of socializing losses and privatizing profits.
In the absence of incestuous business–political relationship between Wall Street and the government apparatus, nationalization of banks and other financial intermediaries is not as complicated or difficult as it may sound; since banking laws already empower regulators to impose extraordinary controls and close supervision over these institutions. It is certainly easier than public ownership and management of manufacturing enterprises that require much more than record keeping and following regulatory or legal guidelines.
Indeed, in the immediate aftermath of the 2008 financial implosion, the U.S. and British governments became de facto owners of the failed financial giants such as Citibank, A.I.G, the Royal Bank of Scotland, and Anglo-Irish Bank. Through the provision of enormous amounts of public funds, these governments effectively became the main investors in the collapsed institutions. Were it not because of political and/or ideological reasons, they could have easily made their de facto ownership legal ownership [12].
The fraudulent compensation of Wall Street’s gambling losses at the expense of everyone else is testament, once again, to the demagogical pretentions of the champions of austerity and neoliberalism that the government should stay out of the market’s affairs.
While public banking could certainly mitigate or do away with market turbulences that are due to financial bubbles and bursts, it will not preclude other systemic crises of capitalism. These include profitability crises that could result from very high levels of capitalization, from insufficient demand or under-consumption, from overcapacity or overproduction, or from disproportionality between various sectors of a market economy. To do away with the systemic crises of capitalism, therefore, requires more than nationalization of banks; it requires changing the capitalist system itself.
References
[1] Charles Hugh Smith, Central Banks Have Pushed the Middle Class Down into Neofeudal Serfdom.
[2]. Margrit Kennedy, Occupy Money: Creating an Economy Where Everybody Wins, Gabriola Island, BC (Canada): New Society Publishers 2012.
[3] Ellen Brown, Exploring the Public Bank Option.
[4] For a concise and clear exposition of this insidious redistribution from the bottom up see, for example, Charles Hugh Smith, If We Don’t Change the Way Money Is Created and Distributed, We Change Nothing.
[5] Peter Gowan, “The Crisis in the Heartland,” in M. Konings (ed.) The Great Credit Crash, London and New York, Verso 2010: 52.
[6] For more on the unique experience of the Bank of North Dakota see, for example, Ellen Brown, Cutting Wall Street Out.
[7] Interview, as quoted by Public Banking Institute, http://publicbankinginstitute.org/.
[8]. Ellen Brown, It’s the Interest, Stupid! Why Bankers Rule the World.
[9]. Ibid.
[10] Michael Hudson, The Lost Tradition of Biblical Debt Cancellations.
[11] William L. Silber, Why did FDR’s Bank Holiday Succeed?
[12] For a relatively thorough discussion of this issue see, for example, Michael Hudson, Scenarios for Recovery: How to Write Down the Debts and Restructure the Financial System.
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