2 November 2013 – – Strategic Culture Foundation
Who is the USA in Debt to? (II)
02.11.2013 | 00:00 | Valentin KATASONOV
…Switzerland, Belgium, Great Britain, Luxembourg and Ireland each have a bundle of securities amounting to more than USD 100 billion, and each of them has external debt that far exceeds their GDP… It is one of the main indicators of Europe’s dependence on the United States. And more than that, a number of European countries are not just tributaries of America, they are still acting as tax collectors for the US in other countries. Tiny Luxembourg, for example, purchased US Treasury securities totalling almost USD 150 billion, with a GDP of less than USD 47 billion. Luxembourg is a typical tax collector. It borrows money from other countries on a colossal scale, while Luxembourg’s external debt exceeds its GDP by 46 times!.. Continue reading this...
31 October 2013 — Our Kingdom
21 October 2013 – williambowles.info
Central to us on the left is the dilemma of a seemingly indifferent working class to the changes that impact directly not only on our material well-being but on the corporatisation of our cultural lives. Some argue that it’s down to the prevailing sense of powerlessness as the gulf between those who govern and the governed, deepens and widens. But there is perhaps another explanation for our disenfranchisement; the role of the ‘middle class’ as a mechanism of social control.
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19 October 2013 — Strategic Culture Foundation
Washington Casts Blame for Expansion of Al-Qaeda on Turkey
19.10.2013 | 00:00 | Dmitry MININ
It is no longer possible to conceal the obvious. The West, in its attempts to remove Bashar al-Asad from power during the years of the war in Syria, has nurtured a force so sinister that its tentacles are now reaching to the Western capitals themselves. Al-Qaeda is at the peak of its influence in the Middle East. In Somalia, the group al-Shabaab has announced its complete merger with this organization. In Libya its members unceremoniously arrested the prime minister, and then let him go. In Yemen al-Qaeda essentially rules entire provinces. In Syria itself, no other serious forces remain which are fighting against the regime… Continue reading this...
12 October 2013 – Strategic Culture Foundation
US: Debts and Back Up
12.10.2013 | 00:00 | Valentin KATASONOV
The published piece called America’s Debt: Upper and Lower Tips of Iceberg offers a wide range of assessments to determine the size of US debt. Today the country has to raise the debt ceiling again, otherwise the United States will lapse into a coma. But are there any limits to raising the ceiling? What is used as the debt backup? Is America able to serve the debt?.. The US economy assets (including financial assets) are not enough to cover even a half of consolidated debt… The total interest rates expenditure goes beyond the US national debt limits, states municipalities, banks, corporations, and households have debts of their own. The last years the experts have tried many times to estimate the total US debt service expenditure… Continue reading this...
11 October 2013 – New Left Project
One of the last books that economist and public intellectual JK Galbraith wrote in his long and illustrious career, The Culture of Contentment (1992), has passed into relative obscurity. This is a shame, as it may offer a prophetic glimpse into the long-term, paradoxical consequences of the Reagan-Thatcher era. Capturing the neoliberal tendency at the moment of its consolidation, Galbraith’s essay poses incisive questions for those seeking to understand why, after five years of recession, stagnation and austerity, the structures that produced the 2008 financial crisis are stronger than ever, while popular protest remains sporadic and muted.
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5 October 2013 – Strategic Culture Foundation
CIA Activities in Syria: US Never Stops to Step on Same Rake
05.10.2013 | 00:00 | Andrei AKULOV
According to the Washington Post (CIA Ramping up Covert Training Program for Moderate Syrian Rebels, Oct.3), the CIA is expanding a clandestine effort to train opposition fighters in Syria, as U.S. officials said… The Washington Post informs that US officials spoke on the condition of anonymity and said the agency has sent additional paramilitary teams to secret bases in Jordan in recent weeks in a push to double the number of rebel fighters getting CIA instruction and weapons before being sent back to Syria… The CIA is «ramping up and expanding its effort», said a U.S. official familiar with operations in Syria, because «it was clear that the opposition was losing, and not only losing tactically but on a more strategic level»… Continue reading this...
28 September 2013 – Strategic Culture Foundation
East Ghouta: False Flag Chemical Attack
28.09.2013 | 00:00 | Nikolai MALISHEVSKI
The International Institute for Peace, Justice and Human Rights (ISTEAMS) has just published a comprehensive report on the chemical attack in the Damascus suburb of East Ghouta. The document is called The Chemical Attacks on East Ghouta to Justify Military Right to Protect Intervention in Syria… The author is ISTEAMS President and International Coordinator Mother Agnes Mariam of the Cross (el-Salib), the Mother Superior of the Monastery of St. James the Mutilated (Syria). A fearless faithful, she has been collecting the evidence related to bloody events in the conflict zone since the very start of Syrian rebellion: the militants running rampant, the staged fakes and instances of one-sided highlighting of the events in Syria by Western media… Continue reading this...
21 September 2013 – – Strategic Culture Foundation
World Balance Reshaped
21.09.2013 | 00:00 | Nikolai BOBKIN
The United States has a custom of putting the countries, which have fallen out of its favor, on the “rogue states” list. Now it risks itself to be subject to international isolation. The Washington’s world political center status is being lost, the Obama’s policy on Syria has happened to be short-sighted and strategically wrong. The America’s game with “foes of convenience” like Syria and Iran, has failed. Nobody wants to join the United States in their fight against these states and the US claim to Middle East domination is being rejected more resolutely…
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7 September 2013 – – Strategic Culture Foundation
07.09.2013 | 10:50 | Georgy VOSKRESENSKY
Next week the US Congress is to express its opinion on the reckless and staggering rush of Barack Obama as the President is pressuring the lawmakers to push through his decision to strike Syria. No details are known and they are changing all the time. The military officials have been asked to revise their plans 50 times since the Pentagon first began considering a «limited» action! The White House let know that the President is still pondering the prospect of expanding the list of targets to be hit by US missiles. These ill-boding fluctuations only feed into congressional uncertainty making the lawmakers doubt President Obama really knows what he is doing… Continue reading this...