Permalink Bundy land context: US ‘leaders’ steal land with MERS bankster fraud & War Crimes, hoard CAFR & off-shore trillions

The Bundy land conflict evokes Americans to a local venue to protest crimes of a psychopathic US “leadership” immersed in “Big Lie” crimes centering in war, money, and media (also in ~100 other crucial areas). Perhaps the easiest of these crimes to explain, document, and prove is the history of unlawful US Wars of Aggression all on easily-proved lies known to be false as they were told. Because all of our families sacrificed through two world wars, the damning facts of US “leadership” lies to send US military to commit unlawful Wars of Aggression is enough to demand arrests of those political and media “leaders.”


Permalink 'Try not paying your gas bill for just 3 months, see what happens'

Russia has to stop gas subsidies to Ukraine as it cannot keep supporting the bankrupt anti-Russian regime in Kiev, energy asset manager Eric Kraus told RT, adding that it will be the EU's problem if Ukraine eventually starts stealing their transit gas.

RT: Ukraine says it wants heavily discounted gas from Russia. Does it have grounds to ask for that?
Eric Kraus: I think it is fairly absurd considering that you have a strongly anti-Russian regime which has been brought into place by the Europeans and by the Americans in Kiev. You can't really ask the Russians to fund this regime, can you?

RT: On the other hand, Russia has doubled prices in the span of just a few months, perhaps some calling that too harsh?
EK: It is harsh, but basically what they did is not double prices. What they did is they removed subsidies. Russia has been very heavily subsidizing Ukraine, since Ukraine became independent, because they needed a friendly, at least a neutral state at their border. Now if Ukraine wants to align itself with NATO and basically anti-Russian countries, then they are going to have to pay their own way.


Permalink Retiring White House Prosecutor Says the SEC Is Corrupt

Bloomberg News reported, on April 8th, that a Securities and Exchange Commission prosecuting attorney, James Kidney, said at his recent retirement party on March 27th, that his prosecutions of Goldman Sachs and other mega-banks had been squelched by top people at the agency, because they “were more focused on getting high-paying jobs after their government service than on bringing difficult cases.” He suggested that SEC officials knew that Wall Street would likely hire them after the SEC at much bigger pay than their government remuneration was, so long as the SEC wouldn’t prosecute those megabank executives on any criminal charges for helping to cause the mortgage-backed securities scams and resulting 2008 economic crash. His ”remarks drew applause from the crowd of about 70 people,” according to the Bloomberg report. This would indicate that other SEC prosecutors feel similarly squelched by their bosses.

Permalink US seizing tax refunds of children over parents' debt?!

The government is now going through old records to see if it overpaid people on Social Security. If it thinks it did, it can now seize the IRS tax refund checks of the CHILDREN of those people it thinks it overpaid. This isn't a proposal—it's already happening. For the past three years, the government has been confiscating hundreds of thousands of Americans' tax refunds, according to the Washington Post. It has already confiscated $1.9 billion in tax refunds this year alone. The amazing thing is that the government is doing this even if it has little or no proof and no exact details. And the letters the government sends to unsuspecting taxpayers are frightening, use accusatory language, and include other financial threats.


Permalink Incredibly, Israel slaps Palestine with economic sanctions amid collapsing "peace talks"

​Israel has imposed additional economic sanctions against Palestine in response to its unilateral decision to join 15 international conventions last week which Tel Aviv claims to be in breach of conditions of the ongoing "peace talks". “It has been decided to freeze the transfer to the Palestinian Authority of the taxes collected by Israel on its behalf,” an Israeli official told AFP. Reuters too confirmed the reports adding that Tel Aviv will deduct “debt payments” from tax transfers which the Palestinians receive. Israel will also place a limit on Palestinian bank deposits in Israel. Israel monthly collects some $110 million in taxes on goods bound for the Palestinian territory which roughly amounts to around two-thirds of the income received by the Palestinian Authority. Palestinian debts to Israel for services total at least a month's worth of revenue, local Israeli media reports. Palestine was quick to denounce the new sanctions. “These sanctions will not scare us and they're evidence to the world that Israel is a racist occupation state that has resorted to the weapon of collective punishment in addition to other practices including settlements and their expansion and the denial of our most basic rights as a people,” Senior Palestinian official Yasser Abed Rabbo told Reuters.

PressTV. State of Palestine can accede to Geneva Conventions: Bern

Permalink US loan guarantees to help Ukraine are worthless - Putin

Washington's offer to provide $1 billion in loan guarantees to help Ukraine is worthless as there are no banks willing to finance the recovery of crisis-hit country, President Vladimir Putin said Friday. Putin called Washington's negative response to his letter addressed to European leaders, which contains proposals on how to solve the Ukrainian crisis, "a bit strange" as the United States was able so far only to offer guarantees rather than actual loans. "What are these guarantees to the banks that would be ready to issue loans, but there are no such banks, which means there is no aid," Putin said at a meeting with members of Russia's Security Council. "We are seriously concerned about this," he added. Russia will fully honor its obligations to supply natural gas to European partners, Russian President Vladimir Putin said.

Permalink Putin tells Europe Ukraine gas debt 'critical', transit threatened

Financial Times graphic based on IEA, Eurostat, EIA data

President Putin has written to 18 European countries, warning that Ukraine’s debt crisis has reached a “critical” level and could threaten transit to Europe. He also called for urgent cooperation, blaming Russia’s partners for a lack of action. Among the countries who’ll receive the letter are major consumers of Russian gas such as Germany, France, Italy, Greece, Turkey, Bulgaria, Moldova, Poland and Romania. Given the accumulated $2.2 billion gas debt owed by Ukraine’s Naftogas, Russia’s Gazprom will be forced to ask Ukraine for advance payments, Putin said in his letter to European partners, referring to the 2009 gas contract signed between Moscow and Kiev. “In other words, we’ll be supplying exactly the volume of gas that Ukraine pays for a month in advance,” as Itar -Tass quotes Putin's letter. Putin added that introducing advance payments would be an extreme measure. “We understand that this increases the risks of unsanctioned retrieval of gas flowing through the territory of Ukraine to European consumers. And it could also hinder accumulation of gas supplies in Ukraine necessary to provide for consumption during the autumn-winter period.” Stable transit of Russian gas to Europe would require an additional 11.5 billion cubic meters of gas for Ukraine’s underground storages, which would cost $5 billion, Putin explained. Given all the discounts Russia has provided in the last four years, Moscow has subsidized Ukraine’s economy to the tune of $35.4 billion, coupled with a $3 billion loan tranche in December last year. “I would underline – nobody except Russia has done this,” Putin wrote in the letter.

F. William Engdahl : White House Lies to EU about US Gas Supply


Permalink Russia Announces Decoupling Trade From Dollar

The US dollar's position as the base currency for global energy trading gives the US a number of unfair advantages. It seems that Moscow is ready to take those advantages away. The existence of "petrodollars" is one of the pillars of America's economic might because it creates a significant external demand for American currency, allowing the US to accumulate enormous debts without defaulting. If a Japanese buyer wants to buy a barrel of Saudi oil, he has to pay in dollars even if no American oil company ever touches the said barrel. Dollar has held a dominant position in global trading for such a long time that even Gazprom's natural gas contracts for Europe are priced and paid for in US dollars. Until recently, a significant part of EU-China trade had been priced in dollars. Lately, China has led the BRICS efforts to dislodge the dollar from its position as the main global currency, but the "sanctions war" between Washington and Moscow gave an impetus to the long-awaited scheme to launch the petroruble and switch all Russian energy exports away from the US currency. The main supporters of this plan are Sergey Glaziev, the economic aide of the Russian President and Igor Sechin, the CEO of Rosneft, the biggest Russian oil company and a close ally of Vladimir Putin. Both have been very vocal in their quest to replace the dollar with the Russian ruble. Now, several top Russian officials are pushing the plan forward.


Permalink Americans live in matrix of total lies

Paul Craig Roberts Another Fraudulent Jobs Report || The BLS payroll jobs report claims 57,000 jobs in “professional and business services.” Are these jobs for lawyers, accountants, architects, engineers, and managers? No. The combined new jobs for these middle class professional skills totaled 10,400. Employment services accounted for 42,000 of the jobs in “professional and business services” of which temporary help accounted for 28,500. “Education and health services” accounted for 34,000 jobs or which ambulatory and home health care services accounted for 28,000 of the jobs. The other old standby, waitresses and bartenders, accounted for 30,400 jobs. The number of Americans dependent on food stamps who cannot afford to go out to eat or to purchase a six-pack of beer has almost doubled, but the demand for restaurant meals and bar drinks keeps rising. There you have it. This is America’s “New Economy.” It the jobs exist at all, they consist of lowly paid, largely part-time employment that fails to produce enough income to prevent the food stamp rolls from doubling.

Michael Snyder This Is What Employment In America Really Looks Like…The level of employment in the United States has been declining since the year 2000. There have been moments when things have appeared to have been getting better for a short period of time, and then the decline has resumed. Thanks to the offshoring of millions of jobs, the replacement of millions of workers with technology and the overall weakness of the U.S. economy, the percentage of Americans that are actually working is significantly lower than it was when this century began. And even though things have stabilized at a reduced level over the past few years, it is only a matter of time until the next major wave of the economic collapse strikes and the employment level goes even lower. And the truth is that more good jobs are being lost every single day in America. For example, as you will read about below, Warren Buffett is shutting down a Fruit of the Loom factory in Kentucky and moving it to Honduras just so that he can make a little bit more money. We see this kind of betrayal over and over again, and it is absolutely ripping the middle class of America to shreds.


Permalink Another Fraudulent Jobs Report

Paul Craig Roberts The March payroll jobs report released April 4 claims 192,000 new private sector jobs. As I have pointed out for a decade, the “New Economy” jobs that we were promised in exchange for our manufacturing jobs and tradable professional service jobs that were offshored have never shown up. The transnational corporations and their hired shills among economists lied to us. Not even a jobs report as deceptive and fraudulent as the BLS payroll jobs report can hide the fact that Congress, the White House, and the American people have sat sucking their thumbs while corporations maximized profits for the one percent at the expense of everyone else in the United States.

Permalink France’s new government: A political turning point for Europe

Peter Schwarz The appointment of Manuel Valls as the new French prime minister is part of a sharp turn to the right by the political elites throughout Europe. President François Hollande has reacted to the defeat of his Socialist Party (PS) in municipal elections by intensifying his war on the working class and making chauvinist appeals that will strengthen the neo-fascist National Front (FN). Valls’ mission consists of implementing the most extensive social cuts and labour market counter-reforms in France’s history. As interior minister, Valls established his credentials for carrying out this task by promoting a free market agenda combined with law-and-order policies and ruthless attacks on refugees and Roma. He is alternately called the “French Blair,” the “French Schröder” and the “left-wing Sarkozy.”


Permalink Question: Obama, what happened to Ukraine's gold? Answer: Yatsenyuk ordered its transfer to the US

NATO’s puppet Arseny Yatsenyuk ordered the transfer of the Ukrainian gold to the United States. According to reports out of Kiev, the US has quietly transfers 33 tons of Ukrainian gold out of the country and back to vaults in the US. Presumably, this sovereign wealth transfer would be counted as partial “collateral” for a fresh round of IMF, US FED, and ECB paper debt that is currently being organised for dumping into the Ukraine’s economic black hole. Multiple inquiries to US Federal Reserve administrators into the location of the Ukraine’s gold have been met with the proverbial ‘pass the buck’, making tracking and tracking the final resting place of these 33 tonnes very difficult indeed – but one can expect that the NY Fed is probably the institution who has masterminded this financial heist. Note how gold flows into New York, but has difficulty flowing out of US private banking hands as is the case with the ‘confiscation’ of Germany’s gold. Numerous attempts by Bundesbank to repatriate its gold reserves have been met with a brick wall, and to date, Germany has only recovered a miniscule 5 tonnes directly from the NY Fed – out of the total 674 tonnes (an additional 32 tonnes were recovered via French central bank).

Permalink French government vows deep attacks on the working class

Kumaran Ira The cabinet reshuffle came after Hollande’s Socialist Party (PS) suffered a humiliating defeat in Sunday’s municipal elections, losing a record 151 cities of over 10,000 inhabitants. The neo-fascist National Front (FN), in contrast, won a record victory. It won 15 cities and obtained over 1,200 municipal councillor positions. Valls’ half-hour prime-time interview last night on TF1 television showed that the PS is responding to its defeat with a further shift to the right, appealing to pro-FN sentiment while pledging to implement free-market policies to benefit the banks. [...] As the Valls government intensifies austerity policies and makes law-and-order appeals, the main beneficiary within the political establishment will again be the FN [Front National]. This underscores that only the independent mobilization of the working class against the entire political establishment can halt the rise of neo-fascism in France.


Permalink Ukraine’s Unelected Government Imposes IMF Austerity

This is perhaps best article on what actually happened in the Ukraine and Crimea: the story is a little different than what you’ve been hearing on TV or reading in the newspapers, at least if you’re in most of the West. The author does leave out some bits (like the Tatars boycotting the Crimean referendum), but overall it’s accurate. Meanwhile the new PM in the Ukraine is imposing IMF austerity measures, like removing subsidies on Gas (50% increase) and cutting pensions (50%) cut. He says he’s on a Kamikazee mission. That’s because he’s not elected, so he can do thing that an elected leader could never do. Which is to say: there is a coup, backed by a popular uprising in the capital, which puts in place an unelected government, which does things that elected governments repeatedly refused to do. The East and South of the country, which voted in the last elected government, is unhappy with this.

Paul Craig Roberts: Western Looting Of Ukraine Has Begun It is now apparent that the “Maiden protests” in Kiev were in actuality a Washington organized coup against the elected democratic government. The purpose of the coup is to put NATO military bases on Ukraine’s border with Russia and to impose an IMF austerity program that serves as cover for Western financial interests to loot the country. The sincere idealistic protesters who took to the streets without being paid were the gullible dupes of the plot to destroy their country.

Michel Chossudovsky: IMF “Shock Treatment” for Ukraine: Collapse of the Standard of Living It is worth recalling that following the instatement of a coalition government on February 23, the interim (puppet) prime minister Arseny Yatsenyuk casually dismissed the need to negotiate with the IMF. Yatsenyk intimated that Ukraine will “accept whatever offer the IMF and the EU made”. Prior to the conduct of negotiations pertaining to a draft agreement, Yatsenyuk had already called for an unconditional acceptance of the IMF package: “We have no other choice but to accept the IMF offer”.

Stephen Lendman: Plundering Ukraine for Profit On March 27, an IMF press release headlined "IMF Staff Level Agreement with Ukraine on US $14 - 18 billion Stand-By Arrangement." Nikolay Gueorguiev is IMF Mission Chief for Ukraine. He's loan shark chief in charge of plundering it for profit. He issued a statement, saying in part: "The mission has reached a staff-level agreement with the authorities of Ukraine on an economic reform program that can be supported by a two-year Stand-By Arrangement (SBA) with the IMF." "The financial support from the broader international community that the program will unlock amounts to US$27 billion over the next two years." "Of this, assistance from the IMF will range between US$14-18 billion, with the precise amount to be determined once all bilateral and multilateral support is accounted for." Gueorguiev ludicrously said Ukraine "achieved some stability." It "faces difficult challenges," he added. He lied claiming IMF's goal is "restor(ing) macroeconomic stability and put(ting) the country on the path of sound governance and sustainable economic growth while protecting the vulnerable in the society." IMF policy is polar opposite. It's financial terrorism.

Permalink Nationalist Solution To Money

Brother Nathanael Kapner I’m calling for a Nationalist Convention on Monetary Reform. The world money system is coming unglued and will be replaced by something worse or something better.

What system do we need to create our own money and make us prosperous again? Let’s look at history for countries with spectacular success. Keep in mind if the Jews hate a country you know [that country] is doing something right. Now, who do Jews vilify most? Hitler’s Germany. So let’s start there.

From 1934 to ‘39 under Gottfried Feder’s monetary program, Germany pulled off an economic miracle. Feder convinced Hitler to bypass international Jewish finance and have public works funded by state-created money. This gave Germany a huge economic advantage because they didn’t need to get capital from the Jews and pay them interest. The Jews decided Germany was a threat to their financial racket and had to be stopped. The rest is history.

The Japanese did the same in the early 1930’s. They broke the shackles of interest via the money-creating power of the government. They increased manufacturing by 140% and their GDP by 250% in the middle of the Great Depression. You couldn’t get a clearer contrast between the right system and the miserable system the Jews impose on us. Japan had to be taken out. So Roosevelt—surrounded by Jewish advisers—provoked Pearl Harbor and sacrificed thousands of Americans so Jewish bankers could destroy the evidence of Japan’s financial success. After the war, the Japanese pretended to follow the western model. But secretly, as Ellen Brown points out in her “The Public Bank Solution,” they instituted state-guided money creation. Today, you’ll hear ‘financial experts’ claiming that Japan is in ‘big trouble’ because they have the highest Debt-to-GDP ratio in the world and are stagnating. Don’t believe it. It’s just a cover. Japan wants to LOOK unsuccessful to come in under the radar. Japan is increasing its exports. It’s one of the most prosperous countries in the world. Why? Because they’re nationalists, that’s why. Yes, they have debt. But it’s to themselves, not to the Jews. Their economy is sound and ours is not.

So how do we get debt-free money here? End the Fed. We get rid of the debt the Jews of the Federal Reserve gouge us with and go back to having our own government…issue our own national money…debt-free…as the Constitution says. We can become a strong and free nation once again.


Permalink Ukrainian Parliament Approves New Laws Required for IMF Bailout

With Russia effectively elbowed out of the way, for now, the international bankers are already moving in and dictating the terms for Ukraine’s ‘bailout’. Just as they did in Iraq and Greece. Once again history is repeating itself. Having undergone regime change in all but name and been ‘freed’ from its ties to Russia, Ukraine’s parliament on Thursday voted in favour of laws to comply with new austerity measures demanded by the International Monetary Fund. In return the Ukraine will get a $14-18 billion bailout package. Or, to be more precise a loan with strings attached. However, the Ukrainian parliament didn’t swallow the IMF measures without a struggle.

xymphora: 80 || "Prime Minister Arseny Yatseniuk said on Wednesday the price the country would pay for Russian gas, which accounts for over half of Ukrainian gas imports, would soar by almost 80 percent from April 1 as the seizure of Crimea had rendered a cheaper gas deal obsolete." Also: "On Thursday, the International Monetary Fund threw a financial lifeline, agreeing to stump up $14-18 billion as part of a two-year bailout package in exchange for tough economic reforms." I don't know how they can call it a 'financial lifeline' with a straight face. It represents a number, some multiple of which will be extracted from Ukraine. The paltry American billion, so hard fought in Congress, is a loan guarantee, which means it will be used to pay off some financial institution which claims to be owed money by Ukraine. Real Ukrainians won't benefit from any of this, and in fact it just represents the beginning of massive economic plunder by the banksters. The 'tough economic reforms' means austerity, a war on poor and middle class Ukrainians (see Greece for a hint of the future). Of course, Ukrainian gold is now safely out of the hands of Ukrainians...

Yahoo: US Lawmakers rush to pass bill to aid [loot] Ukraine
Jason Ditz: IMF Agrees to $27 Billion Ukraine Bailout
Michel Chossudovsky: IMF “Shock Treatment” for Ukraine: Collapse of the Standard of Living


Permalink The 67 Richest Are as Wealthy as the World's Poorest 3.5 Billion

Oxfam International, a poverty fighting organization, made news at the World Economic Forum in Davos earlier this year with its report that the world’s 85 richest people own assets with the same value as those owned by the poorer half of the world’s population, or 3.5 billion people (including children). Both groups have $US 1.7 trillion. That’s $20 billion on average if you are in the first group, and $486 if you are in the second group.
Oxfam’s calculations of the richest individuals are based on the 2013 Forbes Billionaires list. I decided to take a closer look at this group of 85 in search of trends. That’s when I realized that they are by now a much wealthier group. The rich got richer. And it was quite fast and dramatic. For example, while last year it took $23 billion to be in the top 20 of the world’s billionaires, this year it took $31 billion, according to Luisa Kroll, Forbes wealth editor, writing on Forbes.com.


Permalink Putin to discuss plan for Far East Development Ministry's activities

Russia's President Vladimir Putin will discuss the 2013-2018 plan for the activities of MinVostokRazvitiye (Ministry for the Development of the Far East) and fine tuning of the State Program "The Socio-Economic Development of the Far East and Baikal Region" with government members on Wednesday, the Kremlin press service reported. "Those present at the meeting will also review the elimination of the aftermath of (last year's) large-scale floods hitting the areas of the Republic of Yakutia (Sakha), Primorsky and Khabarovsk Territories, Amur and Magadan Regions, and the Jewish Autonomous Region," the Kremlin press service points out. Yuri Trutnev, Vice-Premier and plenipotentiary presidential representative in the Far Eastern Federal District, will make a report on the subject. Upon being appointed to the position last year, Trutnev set himself a task of forming main development institutions in the District as soon as possible organizations which would engage in attracting investors, in developing the territories and fostering human capital.

Pepe Escobar: Asia will not 'isolate' Russia Any (bureaucratic) doubts the New Cold War is on have been dispelled by the Group of Seven issuing a pompous, self-described Hague Declaration. Abandon all hope those who expected The Hague to become the seat of a tribunal judging the war crimes of the Cheney regime. The G-7 also cancelled its upcoming summer summit in Sochi as a means of "punishing" Moscow over Crimea. As if this carried any practical value. [...] All this in the sidelines of a supposed summit on nuclear security in the Netherlands, where US President Barack Obama, at the Rijksmuseum, in front of Rembrandt's The Night Watch, extolled Washington's "support of the Ukrainian government and Ukrainian people". Rembrandt's watchers have never seen anything like it in their glorious lifespan. It pays to be a Nazi after all; you just need to be in the right government, against the right enemy, and fully approved by the hyper-power.

Permalink Obama In Shock After US Oil Giant Sides With Putin; Declares “No Ukraine War”

A stunning report prepared by the Ministry of Foreign Affairs (MoFA) outlining the agenda of Foreign Minister Sergey Lavrov for his meeting today with US Secretary of State John Kerry at the Hague Nuclear Security Summit reveals that President Obama is still in “shock” after being ordered by the Chairman, President, and CEO of Exxon Mobil Corporation, Rex Tillerson, to allow Russia’s annexation of Crimea or face “immediate domestic political annihilation.” According to this report, Tillerson is the head of this giant American multinational oil and gas corporation, headquartered in Irving, Texas, that is a direct descendant of John D. Rockefeller’s Standard Oil Company and is the world’s third largest company by revenue. Important to note, this report continues, is that Exxon Mobil has long charted a course separate from that of the United States government as evidenced by Tillerson’s predecessor, former CEO Lee Raymond, once stating, “I’m not a U.S. company, and I don’t make decisions based on what’s good for the U.S.”


Permalink Ukraine Gold Reserves Said To Be Put On Plane For "Safekeeping" in the US

This is a story based on a report out of the Ukraine. Obviously I do not know yet if it is accurate. The information coming out of the Ukraine and Crimea should be sifted carefully, no matter what the source. I find this one hard to believe. I am informed by highly reliable people that no one cares about gold anymore. And very important analysts claim that transporting many tonnes of gold (Ukraine is said to have about 33 tonnes) is very difficult, and so unwieldy and fraught with peril that it must be a multiyear project. But if the Ukraine's gold was taken away for safekeeping, it may be so safe that they will never see it again for a long time. Just ask Germany.

xymphora: Safekeeping "Ukraine Gold Reserves Said To Be Put On Plane For Safekeeping in the US" "The Latest Heist: US Quietly Snatches the Ukraine’s Gold Reserves" We won't hear about this for a while, then it will be quietly used to 'set off' against the real or imagined debt of Ukraine to some American financial institution close to the White House.

Permalink BRICS rejects sanctions against Russia over Ukraine

The group of five major emerging national economies known as the BRICS has rejected the Western sanctions against Russia and the “hostile language” being directed at the country over the crisis in Ukraine. “The escalation of hostile language, sanctions and counter-sanctions, and force does not contribute to a sustainable and peaceful solution, according to international law, including the principles and purposes of the United Nations Charter,” foreign ministers of the BRICS countries - Brazil, Russia, India, China and South Africa - said in a statement issued on Monday. The group agreed that the challenges that exist within the regions of the BRICS countries must be addressed within the framework of the United Nations.


Permalink Spain: One million march in Madrid against austerity

Under the banner “No more cuts!” hundreds of thousands of workers, pensioners and youth took to the streets Saturday in Spain’s capital, Madrid. They were demonstrating against austerity measures, evictions, unemployment and poverty. The genesis of the demonstration was one month ago when eight columns of protesters, which organisers called the “Marches of Dignity”, set out from different cities across Spain to converge on Madrid. Hundreds of thousands more people joined on Saturday, travelling by train, cars and buses. According to organisers, the demonstration was 1 million strong.

Permalink Putin Prepares To Announce "Holy Grail" Gas Deal With China

If it was the intent of the West to bring Russia and China together - one a natural resource (if "somewhat" corrupt) superpower and the other a fixed capital / labor output (if "somewhat" capital misallocating and credit bubbleicious) powerhouse - in the process marginalizing the dollar and encouraging Ruble and Renminbi bilateral trade, then things are surely "going according to plan."

For now there have been no major developments as a result of the shift in the geopolitical axis that has seen global US influence, away from the Group of 7 (most insolvent nations) of course, decline precipitously in the aftermath of the bungled Syrian intervention attempt and the bloodless Russian annexation of Crimea, but that will soon change. Because while the west is focused on day to day developments in Ukraine, and how to halt Russian expansion through appeasement (hardly a winning tactic as events in the 1930s demonstrated), Russia is once again thinking 3 steps ahead... and quite a few steps east.

While Europe is furiously scrambling to find alternative sources of energy should Gazprom pull the plug on natgas exports to Germany and Europe (the imminent surge in Ukraine gas prices by 40% is probably the best indication of what the outcome would be), Russia is preparing the announcement of the "Holy Grail" energy deal with none other than China, a move which would send geopolitical shockwaves around the world and bind the two nations in a commodity-backed axis. One which, as some especially on these pages, have suggested would lay the groundwork for a new joint, commodity-backed reserve currency that bypasses the dollar, something which Russia implied moments ago when its finance minister Siluanov said that Russia may refrain from foreign borrowing this year. Translated: bypass western purchases of Russian debt, funded by Chinese purchases of US Treasurys, and go straight to the source.


Permalink Russia's Medvedev says Ukraine owes Russia $16 billion

Russian Prime Minister Medvedev said in a meeting with President Vladimir Putin on Friday that in total Ukraine owes Russia $16 billion, local news agencies reported. Medvedev said that Ukraine owes Russia $11 billion because the treaty under which Russia provides Ukraine with cheap gas in return for the Sevastopol naval base was "subject to denunciation". In addition, he said that Ukraine owes Russia $3 billion for a recent loan in the form of Russian purchase of Eurobonds, and that around $2 billion is owed to Gazprom, Russia's state-controlled gas concern.


Permalink "Ukraine" [the putschists] sign(s) deal to align itself with Europe

Ukraine's [illegitimate] prime minister has pulled his nation closer into Europe's orbit by signing a political association agreement with the EU at a summit of the bloc's leaders. Friday's agreement between Prime Minister Arseniy Yatsenyuk and the EU leaders was part of the pact that former President Viktor Yanukovych backed out of last November in favor of a $15 billion bailout from Russia. That decision sparked the protests that ultimately led to his downfall and flight last month, setting off one of Europe's worst political crises since the Cold War. Russian forces took control of Crimea two weeks ago in the wake of Yanukovych's ouster and President Vladimir Putin this week annexed the strategically important Black Sea peninsula.

BBC: Ukraine crisis: EU signs association deal || EU President Herman Van Rompuy said in a statement that the accord "recognises the aspirations of the people of Ukraine to live in a country governed by values, by democracy and the rule of law". [Orwell rolling in his grave...now Fascism is Democracy.]

When the Ukrainian government under Viktor Yanukovych refused to sign the Association Agreement, the United States, Germany and other EU states including Poland and Hungary organised and financed right-wing and fascist parties as well as extreme right-wing shock troops to carry out an overturn in Kiev and bring a government to power dominated by ultra-nationalists and fascists. (Ulrich Rippert)

Rehmat's World: Ukraine: A Jewish Takeover
Finian Cunningham: Ukraine: Shady Ashton's role in regime change
Norman Pollack: Ukraine as Stalking Horse: The Rise of Fascism in the West
John Pilger: The forgotten coup - and how the godfather rules from Canberra to Kiev
Alex Lantier: Anti-Russia propaganda and the fabrication of a new pro-war consensus
Mahdi Darius Nazemroaya: A Distorted Lens Justifying An Illegitimate Ukrainian Government

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