Greek Debt Committee Just Declared All Debt To The Troika “Illegal, Illegitimate, And Odious”

It was in April when we got a stark reminder of a post we first penned in April of 2011, describing Odious Debt, and why we thought sooner or later this legal term would become applicable for Greece, because two months ago Greek Zoi Konstantopoulou, speaker of the Greek parliament and a SYRIZA member, said she had established a new “Truth Committee on Public Debt” whose purposes was to “investigate how much of the debt is “illegal” with a view to writing it off.”

Moments ago, this committee released its preliminary findings, and here is the conclusion from the full report presented below:

All the evidence we present in this report shows that Greece not only does not have the ability to pay this debt, but also should not pay this debt first and foremost because the debt emerging from the Troika’s arrangements is a direct infringement on the fundamental human rights of the residents of Greece. Hence, we came to the conclusion that Greece should not pay this debt because it is illegal, illegitimate, and odious.

As we predicted over four years ago, Greece has effectively just declared that it will no longer have to default on its IMF (or any other debt – note that the dreaded “Troika” word finally makes an appearance after it was officially banned) simply because that debt was not legal to begin with, i.e. it was “odious.”

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Middle East: The predictable defeat of France, by Thierry Meyssan

While the signature of the agreement between Washington and Teheran draws ever closer, Thierry Meyssan retraces and analyses the policies of François Hollande in the Near East which uphold his support for the Gulf monarchies and Israeli apartheid. Indisputably, the author demonstrates the fact that this policy, which is contrary to the values of the Republic and the interests of the Nation, exclusively serves the personal ambitions of a few individuals and the social group they represent.

The 6th July 2012, the war criminal Abou Saleh (Brigade Farouk) was the special guest of President François Hollande (the young man facing the camera, seated at the side of the stage to the right of the photo). He had directed the Islamic Emirate of Baba Amr and ordered more than 150 people to have their throats cut in public.
The 6th July 2012, the war criminal Abou Saleh (Brigade Farouk) was the special guest of President François Hollande (the young man facing the camera, seated at the side of the stage to the right of the photo). He had directed the Islamic Emirate of Baba Amr and ordered more than 150 people to have their throats cut in public.

Elected in May 2012 as President of the French Republic, François Hollande has imposed on his country an entirely new foreign policy orientation. The fact that he presented himself as a left-wing politician has hidden from the eyes of his fellow citizens that this high-ranking civil servant has turned his back on the interests of the Nation, its history and its culture, and placed the state in the service of a tiny group of « upper-class » neo-conservatives.

The change of spring 2012

- Although during his electoral campaign he seemed open to all forms of analysis, surrounding himself with several competing study groups, he was obliged to lower his mask as soon as he assumed power on the 15th of May. He therefore placed his mandate under the auspices of Jules Ferry. With subtlety, he claimed to honour the founder of obligatory secular schooling, but not the socialist theoretician of colonisation. However, Ferry’s secularism was not aimed at guaranteeing freedom of thought, but at taking children out of the hands of the Catholic church and training them, under the authority of the « hussards noirs », to become cannon fodder for his colonial expeditions.

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Manifest Destiny: American dreaming, from G1 to Bilderberg, by Pepe Escobar

US President Barack Obama speaks during a news conference at the conclusion of the G7 Summit in the Bavarian town of Kruen, Germany (Reuters / Kevin Lamarque)
US President Barack Obama speaks during a news conference at the conclusion of the G7 Summit in the Bavarian town of Kruen, Germany (Reuters / Kevin Lamarque)

What’s the connection between the G7 summit in Germany, President Putin’s visit to Italy, the Bilderberg club meeting in Austria, and the TTIP – the US-EU free trade deal – negotiations in Washington?

We start at the G7 in the Bavarian Alps – rather G1 with an added bunch of “junior partners” – as US President Barack Obama gloated about his neo-con induced feat; regiment the EU to soon extend sanctions on Russia even as the austerity-ravaged EU is arguably hurting even more than Russia.

Predictably, German Chancellor Angela Merkel and French President Francois Hollande caved in – even after being forced by realpolitik to talk to Russia and jointly carve the Minsk-2 agreement.

The hypocrisy-meter in the Bavarian Alps had already exploded with a bang right at the pre-dinner speech by EU Council President Donald Tusk, former Prime Minister of Poland and certified Russophobe/warmonger: “All of us would have preferred to have Russia round the G7 table. But our group is not only a group (that shares) political or economic interests, but first of all this is a community of values. And that is why Russia is not among us.”

So this was all about civilized “values” against “Russian aggression.”

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Logistics 101: Where Does ISIS Get Its Guns?, by Tony Cartalucci

Tony Cartalucci has an amazing knack for not just identifying the deep pulse of the matter when it comes to regional conflicts but in effect he addresses them in a manner that simply checkmates the flawed hypocritical narrative which is floated around by the self proclaimed custodians of humanity, the dishonorable western governments.

Read his latest on the heart of the matter about the fake Caliphate that never was.

AE

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June 10, 2015 (Tony Cartalucci – NEO) – Since ancient times an army required significant logistical support to carry out any kind of sustained military campaign. In ancient Rome, an extensive network of roads was constructed to facilitate not only trade, but to allow Roman legions to move quickly to where they were needed, and for the supplies needed to sustain military operations to follow them in turn.

The other half of the war is logistics. Without a steady stream of supplies, armies no matter how strong or determined will be overwhelmed and defeated. What explains then ISIS' fighting prowess and the immense logitical networks it would need to maintain it?
The other half of the war is logistics. Without a steady stream of supplies, armies no matter how strong or determined will be overwhelmed and defeated. What explains then ISIS’ fighting prowess and the immense logitical networks it would need to maintain it?

In the late 1700’s French general, expert strategist, and leader Napoleon Bonaparte would note that, “an army marches on its stomach,” referring to the extensive logistical network required to keep an army fed, and therefore able to maintain its fighting capacity. For the French, their inability to maintain a steady supply train to its forces fighting in Russia, and the Russians’ decision to burn their own land and infrastructure to deny it from the invading forces, ultimately defeated the French.

Nazi Germany would suffer a similar fate when it too overextended its logical capabilities during its invasion of Russia amid Operation Barbarossa. Once again, invading armies became stranded without limited resources before being either cut off and annihilated or forced to retreat.

And in modern times during the Gulf War in the 1990’s an extended supply line trailing invading US forces coupled with an anticipated clash with the bulk of Saddam Hussein’s army halted what was otherwise a lighting advance many mistakenly believed could have reached Baghdad had there been the political will. The will to conquer was there, the logistics to implement it wasn’t.

The lessons of history however clear they may be, appear to be entirely lost on an either supremely ignorant or incredibly deceitful troupe of policymakers and news agencies across the West.

ISIS’ Supply Lines

The current conflict consuming the Middle East, particularly in Iraq and Syria where the so-called “Islamic State” (ISIS) is operating and simultaneously fighting and defeating the forces of Syria, Lebanon, Iraq, and Iran, we are told, is built upon a logistical network based on black market oil and ransom payments.

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Beating Uncle Sam at His Own Game, Mike Whitney

“Washington is not looking for peace or war. They’re looking for domination. If they can achieve domination peacefully – that’s fine. If they can’t, they’ll use war. It’s that simple.”

— William Blum, Interview with Russia Today

“The U.S. is frantically surrounding China with military weapons, advanced aircraft, naval fleets and a multitude of military bases from Japan, South Korea and the Philippines through several nearby smaller Pacific islands to its new and enlarged base in Australia…. The U.S. naval fleet, aircraft carriers and nuclear submarines patrol China’s nearby waters. Warplanes, surveillance planes, drones and spying satellites cover the skies, creating a symbolic darkness at noon.”

— Jack A. Smith, “Hegemony Games: USA vs. PRC”,CounterPunch

The vast build up of military assets in the Asia-Pacific signals a fundamental change in U.S. policy towards China. Washington no longer believes that China can be integrated into the existing US-led system. Recent actions taken by China– particularly the announcement that it planned to launch an Asian Infrastructure Investment Bank (AIIB) that would compete head-to-head with the World Bank and IMF— have set off alarms in the Capital where behind-the-scenes powerbrokers and think tank pundits agree that a more “robust” policy is needed to slow China’s ascendency. The current confrontation in the South China Sea–where the US has demanded that China immediately cease all land reclamation activities–indicates that the new policy has already been activated increasing the prospects of a conflagration between the two nuclear-armed adversaries.

There’s no need to go over the details of China’s land reclamation activities in the Spratly Islands since reasonable people can agree that Washington has no real interest in a few piles of sand heaped up on reefs 10,000 miles from the United States. The man-made islands pose no threat to US national security or to freedom of navigation. The Obama administration is merely using the Spratlys as a pretext to provoke, intimidate and harass Beijing. The Spratly’s provide a justification for escalation, for building an anti-China coalition among US allies in the region, for demonizing China in the media, for taking steps to disrupt China’s ambitious Silk Roads economic strategy, and for encircling China to the West with US warships that threaten China’s access to critical shipping lanes and vital energy supplies. This is the ultimate objective; to bring China to its knees and to force it to comply with Washington’s diktats. This is what Washington really wants.

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Russia’s Chief Intelligence Analyst Comes Out of the Shadows, by Alexander Mercouris

Source: Russia Insider

Lieutenant General Leonid Reshetnikov (Rtd) - Director of Russia's Institute of Strategic Research
Lieutenant General Leonid Reshetnikov (Rtd) – Director of Russia’s Institute of Strategic Research

Lieutenant General Reshetnikov of the Russian Institute of Strategic Research gives a wide-ranging interview on threats Russia faces from the West, to militant Islamic groups, to the conflict in Ukraine 

The last year has been the year when Russia’s spy chiefs came out of the shadows.

Last year we published extracts of an interview given by Nikolai Patrushev, who is the ultimate head of the entire intelligence apparatus. (See Top Spymaster Explains How Russian Intelligence Sees the U.S., Russia Insider, 6th November 2014)

A few weeks ago Colonel General Igor Sergun, the Head of the Main Military Intelligence Directorate (GRU) of the General Staff of the Russian armed forces, gave a brief interview in which he publicly linked the U.S. to jihadi terrorism.

Now it is the turn of Lieutenant General Leonid Reshetnikov, Director of the Russian Institute of Strategic Research (RISR), the Russian government’s chief centre for foreign policy analysis.

That Russia possesses a centre that undertakes foreign policy analysis for the Russian government and that this is connected to the country’s chief foreign intelligence agency, the SVR, will come as a surprise to no one.

Both the U.S. and Britain have such centres. In the U.S. it is the RAND Corporation. In Britain it is the Royal Institute of International Affairs (“Chatham House”).

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China: Silk roads and open seas, by Pepe Escobar

Chinese missile destroyers (Reuters/China Daily)
Chinese missile destroyers (Reuters/China Daily)

Beijing’s disclosure earlier this week of its latest military white paper, outlining a new doctrine moving beyond offshore defense to “open seas” defense, predictably rattled every exceptionalist’s skull and bone.

Almost simultaneously, in Guangzhou, the annual Stockholm China Forum, hosted by the German Marshall Fund and the Shanghai Institute for International Studies, was mired in deep thought examining the vast Eurasian integration project known in China as “One Road, One Belt”.

What is also known as the New Silk Road project – displaying all the romantic connotations of a remix of a golden era – is not only about new roads, high-speed railways, pipelines and fiber optics, but also about a naval network from East Asia all the way to the Middle East and Europe.

So Chinese maritime expansion in the “open seas” – from the South China Sea to the Western Pacific and the Indian Ocean – had to be intimately tied to protection of the Maritime Silk Road.

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