(Listening all evening, friends, to the "Fare Thee Well" Grateful Dead Reunion (first night of three) at Soldier Field in Chicago with much regret (at not being able to attend) and deep reverence and respect for this massive effort aimed at crowd pleasing (and it's a huge crowd that has looked forward to this type tour for 20 years - since Jerry departed - sob! - for mellower fields) on Sirius/XM radio's Grateful Dead channel. And, yes, they opened with "Box of Rain" against all odds.)
Happy 4th! (Make the pledge to be an organ donor - Phil Lesh.)
Sorry that I've been down for so long, but my computer bit the dust (hoping that it's temporary, but we will see about that).
I've got some essays that are quite pertinent to our current political/economic health climate that I thought I'd share with you. Email them to your friends and share the wealth if you think they deserve more publicity.
First off - more lies about the growth in employment and decrease in unemployment (23.1% in June according to Shadow Stats):
The Reported "Good Job" News Is Bad News (John Williams - Shadow Stats)
July 2, 2015
James Galbraith, a professor at the University of Texas, explains what is at stake this Sunday. This is an important article. Because of the presstitute Western press, Americans, Europeans, Canadians, and Australians have no comprehension that their own liberty, or what little remains of it, is dependent on this vote. If the Greek people accept the conditions given to them in the ultimatum from the IMF, European Union, and European Central Bank, an ultimatum supported by Washington, the precedent will be established that the greed of the One Percent prevails over the sovereignty of peoples. There is a massive Western propaganda campaign to make Greeks fearful and to use this fear to manipulate a Greek vote against their own government and in favor of the Global One Percent.
Paul Craig Roberts
… when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you – when you see corruption being rewarded and honesty becoming a self-sacrifice – you may know that your society is doomed. – Ayn Rand, “Atlas Shrugged”
There’s no such thing as markets anymore – only interventions. – Chris Powell, co-founder and Treasurer of GATA
Ayn Rand is a pariah among those who believe that government is our benefactor. There are times and conditions when government can be a benefactor of the people. But not in the Western world at the present time. As Michael Hudson and I agree, Western central banks refuse to create money to finance economy recovery. Money is created only for the benefit of the oligarchs’ banks in order that the oligarchs can continue to control the governments.
In the US for the past seven years the Federal Reserve has provided cheap bank reserves for the banks to lend at a markup or to speculate with. Banks are no longer suppliers of capital for productive investments and employment. Instead banks invest in speculation, arbitrage, derivatives, financing corporate takeovers and stock buybacks. The Fed has made it unnecessary for banks to pay for deposits. Instead, the banks get free money and charge consumers with negative interest rates for making deposits. For seven years Americans have, thanks to the utterly corrupt Federal Reserve and US government, been deprived of interest on their savings. In the Western world today, savers are penalized, not rewarded.
In Greece and Europe the banks are the oligarchs’ method of control just as the Federal Reserve is in the US and the Bank of England in the UK and the European Central Bank in the EU. The same in Canada, Australia, and Japan. When an oligarchy controls the money, the oligarchy controls the country, so “Western democracy” is only a pretense. There is no democracy in the West; only manipulated democratic symbols, the manipulation of which has allowed the One Percent to acquire the lion’s share of income and wealth, depriving the economy of the consumer purchasing power necessary to maintain full employment.
I agree with Michael Hudson that southern Europe, not only Greece, but also Italy, Spain, and Portugal, are being crucified, because looting debtors is the only way banks can make money when jobs offshoring has destroyed productive investment opportunities in the US and Europe that would raise employment and GDP. The European Central Bank, Hudson writes correctly, “refuses to create money to finance economic recovery, but only to pay the oligarchs’ banks so that they can continue to control the governments.”
Below is Hudson’s article on the Greek debt situation. He explains Syriza’s strategy, which if successful will result in Greece’s departure from the EU and thereby NATO and begin the unraveling of Washington’s principle instruments of creating conflict with Russia.
As I said in my interviews with Investment Research Dynamics and with "King World News," the leaders of the current Greek government possibly could be assassinated in order that Washington prevents the unraveling of the EU and NATO. In my opinion, Greece’s departure would be followed by Spain’s and Italy’s. See: http://investmentresearchdynamics.com/sot-40-paul-craig-roberts-greece-tpp-omens-the-west-is-collapsing/ It would be the beginning of the unraveling of Washington’s empire. It is unlikely that Washington would stand for this.
Western Presstitutes Dumbfounded by Vladimir Putin’s 89% Approval Rating
Guest Column by The Saker
June 30, 2015
The Saker notes that the disapproving 11% are not pleased because they want Putin to take a more hardline policy toward the West. In other words, the country is unified in standing up to the West.
What does Vladimir Putin’s 89% rating mean?
Think Russians are tiring of conflict with the West? Not according to President Vladimir Putin’s approval ratings, which hit all-time highs of 89 percent Wednesday (…) Putin’s ratings jumped from 65 percent in January 2014 to 80 percent two months later, and they’ve stayed in the 80s ever since, according to measurements from the Moscow-based Levada Center, the only independent polling organization in Russia. They’ve kept going up: In Putin’s 15 years in office, they’ve never been higher than June’s 89 percent (…) The 89 percent approval rating is also a testimony to the near-unanimity of views about Russia’s current direction.
The "Washington Post" is correct: the Russian people do fully support Putin, especially if you consider that the 11% which are not happy with him are largely composed of Communists who blame Putin for being too sympathetic to capitalist market economy practices, nationalists who think that the Kremlin is too soft or indecisive about supporting Novorussia against the Ukronazis and maybe 1-3% (max!) who generally support the USA & EU. So in terms of the current confrontation with the AngloZionist Empire the real approval rating of Putin would be in the 97-98% range.
Finian Cunningham explains that about half of the Greek debt is due to military spending in response to the hyped “Turkish threat.” Now it is Eastern Europe and Scandinavia that are busting their budgets due to the hyped “Russian threat.” The benefactors of the “threats” are the US, UK, German, and French military industries. The victims are the dolts who fall for the hyped “threat.”
Reprinted from the Strategic Culture Foundation
John Whitehead warns us, correctly, that we are losing both the ability to speak freely and the ability to speak intelligently as words and their meanings are being proscribed.