Baltic Dry Index. 723 -01
LIR Gold Target in 2019: $30,000. Revised due to QE programs.
Simply stated,
there is no doubt that Saddam Hussein now has weapons of mass destruction.
Dick Cheney August
26, 2002
In the US puppet regime Ukraine, the spin goes on. How the mainstream media is
being manipulated into shaping western opinion into supporting economic warfare
against Russia. We are spinning our way to a looming tragedy. Though it wasn’t
Russia that staged a botched coup in Kiev, preferring to play by what passed
for the rules back in November- February, its America and its lackeys in
Europe, busy spinning the world towards an economic disaster that will make the
1930s look pleasant. When we all enter a
new depression, will anyone anywhere think it was worth it?
If he declares he has
none, then we will know that Saddam Hussein is once again misleading the world.
Ari Fleischer
December 2, 2002
23 July 2014 Last updated at 00:16
Will MH17 air crash damage Russia's Putin?
Right up until the downing of
flight MH17 over eastern Ukraine on 17 July, President Vladimir Putin's
handling of the Ukraine crisis was seen in Russia as fairly successful, both
strategically and tactically.
Russia was obviously supporting
the militants in the Donbass region, while still pursuing a policy of plausible
deniability. At the same time, it had joined Germany and France in a diplomatic
effort to promote a political settlement within Ukraine that would also take
Russia's interests into account.
The European Union was balking at
further sanctions against the Russian government, with a number of countries
resolved to protect their important economic relations. The Obama
Administration's attempts to rally the Europeans around the sanctions agenda
appeared largely ineffectual.
More
But for the UK at least to continental Europe, it’s
do as we say, not as we do. Knocking out German and French competitors, will do
very nicely, thank you.
We know for a fact
that there are weapons there.
Ari Fleischer
January 9, 2003
23 July 2014 Last updated at 04:18
UK 'still exporting arms' to Russia, say MPs
Britain is exporting millions of
pounds worth of arms to Russia despite fears it is arming the separatist rebels
in Ukraine suspected of shooting down a Malaysia Airways plane, MPs have said.
A committee report said 251
licences for the sale of controlled goods worth at least £132m remained in
force.
It comes after the PM criticised other
EU countries' arms deals with Moscow, given its backing for the rebels.
The government has pledged to
stop arms sales which could fuel the conflict.
Ministers say UK policy has not
changed.
The cross-party Commons
Committees on Arms Export Controls said only 31 UK licences had been halted or
suspended.
Permits covering sniper rifles,
night sights, small arms ammunition, gun mountings, body armour, military
communications equipment and "equipment employing cryptography"
remained in force, it said.
More
Even in France deeds might not actually match up to
words. But not the US spin parroted unchallenged by Bloomberg “that Russia provided
the missile.” Didn’t the USA provide stingers in Afghanistan.
We know that Saddam
Hussein is determined to keep his weapons of mass destruction, is determined to
make more.
Colin Powell
February 5, 2003
Hollande Threat to Cancel Russia Mistral Warship May Be Empty
Jul 22, 2014 11:01 PM GMT
French President Francois Hollande said he’s prepared to cancel the sale of
the second Mistral warship to Russia. It may be too late for that, a person with knowledge
of the contract said. The construction of the helicopter carrier is nearly complete and it has been mostly paid for, said the person, declining to be identified because details of the contract aren’t public.
Hollande on July 21 held out the threat of a possible cancellation of the warship’s sale if the European Union decides to expand its sanctions against Moscow in light of evidence that Russia-backed separatists in eastern Ukraine shot down a Malaysian airliner last week, killing all 298 people on board. The warship is the second of the two vessels France agreed in 2011 to sell to Russia for about 1.2 billion euros ($1.6 billion). The first ship is due for delivery in October, the second in 2016.
“Can the rest of the contract be honored?” Hollande said. “That will depend on Russia’s attitude.”
Hollande argued that the sale of the first helicopter carrier needs to go through because it has been built and Russia has already paid for it.
And yet, the story is not that different for the second vessel. The 653-feet long assault ship named “Sevastopol,” after the harbor in Crimea, is at least 75 percent built, the person said. The hull, the structure and the landing platforms for helicopters are finished. Workers now are installing cables, beds, elevators and other equipment, the person said.
Hollande’s position was one of principle, an official in the president’s office said. France cannot anticipate the sanctions process and can’t say how it would deal with the breach of the contract, the official said, declining to be named as per government rules.
France came under intensified pressure from European and U.S. partners on the military contract as further sanctions against Russia are considered. President Vladimir Putin, already facing sanctions over Russia’s annexation of Crimea and its role in backing the rebels in Ukraine, is confronting worldwide scorn over the crash as evidence mounts that Russia provided the missile used to down the Malaysian Air jetliner on July 17.
More
http://www.bloomberg.com/news/2014-07-22/hollande-threat-to-cancel-russia-mistral-warship-may-be-empty.html
But it’s an ill wind and all that for some. If
America’s War Party doesn’t get its war, and somehow Russia and Belarus don’t
get sliced and diced into Balkanised western puppet statelets, run from
Washington by the “Maliki” of choice, there’s never been a cheaper time to
invest in Russia, think some.
We know where they
are. They are in the area around Tikrit and Baghdad.
Donald Rumsfeld
March 30, 2003
Putin Under Pressure Has Hermes Bullish on Stocks
Jul 23, 2014 3:45 AM GMT
The Micex stock index sank to a two-month low after the downing of a
civilian jet in Ukraine refocused attention on Russia’s involvement in the war
there. To Hermes Fund Managers Ltd., sellers may be making a mistake. International outrage over the tragedy will put so much pressure on Russian President Vladimir Putin that he will probably push for an end to the conflict in eastern Ukraine, said Gary Greenberg, an emerging-markets money manager who helps manage about 26.9 billion pounds ($46 billion) at Hermes. He said he’s sticking to his overweight position on Russian stocks.
“Because Putin’s in a weaker position, he’s more likely to be accommodative and further de-escalate the military conflict, which should result in equity values going back up,” Greenberg said in an interview in London yesterday. “We remain slightly overweight on Russia.”
More
And now Washington seems to be backing away from
last week’s lies. The boy who cried wolf comes to mind.
We have sources
that tell us that Saddam Hussein recently authorized Iraqi field commanders to
use chemical weapons — the very weapons the dictator tells us he does not have.
George Bush
February 8, 2003
U.S. Stops Short of Finding Russian Role in MH17 Crash
Jul 23,
2014 5:00 AM GMT
Almost a week after the downing of a Malaysian airliner in Ukraine, U.S.
officials still can’t say they’re certain who did it and whether Russia was
involved. Three American intelligence officials who briefed reporters yesterday said U.S. technical intelligence and overhead satellite images bolster the case that a surface-to-air missile fired from territory held by pro-Russian rebels in eastern Ukraine shot down the civilian plane.
One of the officials described as solid the theory that a Russian-made SA-11 missile hit the plane and said it happened under conditions that Russia helped create. All three, speaking on condition of anonymity to discuss intelligence findings, stopped short of claiming Russia played a direct role.
More than a decade after the U.S. went to war in Iraq based on false allegations that Saddam Hussein had stockpiles of chemical and biological weapons and ties to al-Qaeda, the intelligence agencies have reason to tread carefully in the airliner probe, according to Andrew Kuchins, director of the Russia and Eurasia program at the Center for Strategic and International Studies in Washington.
More
Below, Reuters places its faith in some dodgy
doctored transcripts released from Kiev.
Rebels likely downed Malaysian jet 'by mistake': U.S. officials
By Mark
Hosenball WASHINGTON
(Reuters) - The U.S. government believes that pro-Russian separatists most
likely shot down a Malaysia Airlines jet "by mistake," not realizing it
was a civilian passenger flight, U.S. intelligence officials said on Tuesday.
The officials, who spoke on condition of anonymity, said the "most
plausible explanation" for the destruction of the plane was that the
separatists fired a Russian-made SA-11 missile at it after mistaking it for
another kind of aircraft."Five days into it (following the crash) it does appear to be a mistake," one of the officials said in a briefing for reporters.
The officials said that their assessments were backed up by evidence from social media and by intercepted conversations of known pro-Russian separatists, whose voice prints had been verified by U.S. agencies.
The speakers initially bragged about shooting down a transport plane, but later acknowledged that they might have made a mistake, the officials said. All 298 people aboard died.
More
US State Department "Confident" MH17 "Mistakenly" Downed By Separatists, Finds No Direct Link To Russia
07/22/2014 17:20 -0400
UPDATE: Having failed absymally
with their earlier release of "information," US intelligence
officials have tried to give more information... sadly this does not include any
actual evidence, just statements and confirmation of YouTube clips...
Senior U.S. intelligence
officials cited sensors that traced the path of the missile, shrapnel markings
on the downed aircraft, voiceprint analysis of separatists claiming credit for
the strike, and a flood of photos and other data from social media sites.
The officials also for the first
time identified a sprawling Russian military installation near the city
of Rostov as the main conduit of Russian support to separatists in
Ukraine, describing it as a hub of training and weapons that has expanded
dramatically over the past month. The officials said that tanks, rocket
launchers and other arms have continued to flow into Ukraine
Senior U.S. intelligence
officials said they have ruled out the possibility that Ukrainian forces were
responsible for the attack.
“That is not a plausible
scenario,” said one
senior U.S. official, who noted that American intelligence agencies have
confirmed that Ukraine had no anti-aircraft missile system within range of the
Malaysian flight at the time it was struck.
The official was one of three
senior U.S. intelligence officials who spoke on condition of anonymity
during a briefing arranged for reporters in Washington
“We are seeing a full-court
press by the Russian government to instruct affiliated or friendly elements to
manipulate the media environment to spread Russia’s version of the story,”
the official said.
“What this looks like again is a classic case of blaming the
victims.”
The officials also declined
to provide more details on the satellites and other sophisticated sensors that
enabled them to trace the path of the missile, citing concerns about
compromising secret U.S. capabilities.
The U.S. officials said they have
confirmed the authenticity of some of those recordings, including one in which
the self-proclaimed defense minister of the Donetsk People’s Republic, Igor
Strelkov, claimed responsibility for shooting down a military transport plane
at the time the Malaysian aircraft was struck.
Analysis comparing that audio
clip to other confirmed recordings of Strelkov’s voice “confirmed these
were authentic conversations,” one of the officials said.
“If you listen to Youtube you get
that: ‘we’re finding civilians,’” a senior U.S. intelligence official said.
Partly for that reason, the official said, “the most plausible explanation to
me is [it was] a mistake.”
* * *
So once again no actual evidence... conjecture on 'unknown' recordings provided by Ukraine (ignoring for a moment the fact that the ones that have been released publicly have been proved false). Illustrations of a large Russian military base near the border of Ukraine... well is anyone surprised by that?
So once again no actual evidence... conjecture on 'unknown' recordings provided by Ukraine (ignoring for a moment the fact that the ones that have been released publicly have been proved false). Illustrations of a large Russian military base near the border of Ukraine... well is anyone surprised by that?
----So - to sum up - having told the world that they would release details surrounding intelligence about the MH17 disaster, US officials have pulled a "trust us" moment... blamed the "terrorists" and given themselves an out with Putin... all with absolutely no public proof whatsoever...
* * *
Which leaves us with one question
- What happened between The White House and Putin (and perhaps Merkel) that
ended with this lowering the tone of the debate?
More
Iraq both poses a
continuing threat to the national security of the United States and
international peace and security in the Persian Gulf region and remains in
material and unacceptable breach of its international obligations by, among
other things, continuing to possess and develop a significant chemical and
biological weapons capability, actively seeking a nuclear weapons capability,
and supporting and harboring terrorist organizations.
Sen. Hillary
Clinton, D-NY, February 5, 2003
At the Comex silver depositories Tuesday final figures were: Registered 58.15 Moz,
Eligible 118.41 Moz, Total 176.56 Moz.
Crooks and Scoundrels Corner
The bent, the seriously bent, and the totally
doubled over.
I am confident that
we will find evidence that makes it clear he had weapons of mass destruction.
Colin Powell May 4,
2003
Have central banks been breaking the law?
Quantitative easing has had a reverse Robin Hood-type effect by robbing from the poor and giving to the rich
The best way to destroy the
capitalist system, the Russian revolutionary leader Vladimir Lenin is reputed
to have said, is to debauch the currency. The world’s major central banks have
certainly been having a fair old go at it. In the six years since the financial
crisis first broke, they’ve been printing money like there is no tomorrow.
Fortunately, they have not yet
managed to bring down the free market system. On the other hand, they have
succeeded in putting a rocket under asset prices and, in so doing, they have
greatly exaggerated the wealth divide.
In a number of cases, including the
US and the UK, they have also significantly assisted governments in financing
burgeoning fiscal deficits. To the extent that quantitative easing (QE) has had
any effect at all, it is asset prices and governments that have been the prime
beneficiaries.
This might seem something of an
old issue now; the Bank of England stopped buying assets more than two years
ago, while the US Federal Reserve is “tapering” fast. For the US and Britain,
the age of “unconventional monetary policy” seems to be largely over.
Elsewhere, however, QE remains
very much a work in progress. In Japan it’s continuing at heroic pace, while on
the Continent the European Central Bank is being urged by the International
Monetary Fund to stop dilly-dallying in the face of deflationary pressures and
get on with it.
Full marks, then, to Prof Andrew
Johnstone and Trevor Pugh, of Sheffield Institute of Corporate and Commercial
Law, for a new analysis, The Law and Economics of QE, which concludes that not
only has QE been largely ineffectual but that it was also illegal.
Like common brigands, central
banks have been acting outside the law – their only real excuse being the
supposedly higher purpose of economic necessity, a sort of Robin Hood-type
operation where the ends justify the means, only with a slight flaw; by driving
up the value of financial assets and real estate, QE further skews the
distribution of wealth towards those with already large holdings of it. It robs
from the poor and gives to the rich. Not that there is any possibility of the
courts judging QE in all its various forms to be against the law, the writers
concede. In Europe, the European Court of Justice has admittedly been asked to
rule on ECB bond buying, but will almost certainly deem it to be a necessary
price for holding the eurozone together.
Never mind the law, the single
currency comes first.
The director and deputy director
of the IMF’s Europe division said in a recent blog: “So long as the ECB buys
sovereign bonds in pursuit of its mandate and in a way that has nothing to do
with fiscal outcomes it can rebut the oft-heard charge that QE violates the
prohibition against 'monetary financing of fiscal deficits'.” Thus does looking
for ways around the law take precedence over its observation.
More
Before people crow
about the absence of weapons of mass destruction, I suggest they wait a bit.
Tony Blair 28
April, 2003
The monthly Coppock Indicators finished June
DJIA: +169 Down. NASDAQ: +332 Down. SP500: +241 Down. The Fed’s final bubble still grows,
but …..
No comments:
Post a Comment