Category Archives: Zero Hedge

Disruptive ideas from the ether abound, Max Keiser leads the way!

The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of Oceania Saker.

 

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Every Position On The Spectrum Supports The Government’s Propaganda, by Paul Craig Roberts

Source: Zerohedge

There are a lot of questions to ask in these troubling times, right from economic uncertainty, to outright corporate fraud, wars to the environment.

There are far too many battles to be fought to preserve what most of us see, deep down inside, as the decent way to live. It is hard to keep track of what is the latest transgression of the ruling tiny elite that decides how we live and if we live.

Paul Craig Roberts gets to the heart of the matter.

Augmented Ether

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This excellent article by Glenn Greenwald…

Given all this, is there any mystery why “U.S. officials” and the military-intelligence regime, let alone Iraq War-advocating hacks like Jim Woolsey and Dana Perino, are desperate to shift blame away from themselves for ISIS and terror attacks and onto Edward Snowden, journalism about surveillance, or encryption-providing tech companies? Wouldn’t you if you were them? Imagine simultaneously devoting all your efforts to depicting ISIS as the Greatest and Most Evil Threat Ever, while knowing the vital role you played in its genesis and growth.

The clear, overwhelming evidence — compiled HERE — demonstrates how much deceit their blame-shifting accusations require. But the more important point of inquiry is to ask why they are so eager to ensure that everyone but themselves receives scrutiny for what is happening. The answer to that question is equally clear, and disturbing in the extreme.

…reminded me that I have meant to write about how every sort of interest attaches to the government’s propaganda in order to make its point.

Greenwald shows how the Snowden haters in the US media seized on the Paris attack in order to blame Snowden. The American, indeed Western, media consists of the scum of the earth, and they all together are no match for Glenn Greenwald. Greenwald shows that they are so dimwitted that they cannot remember their previous stories long enough to save them from making laughing stocks of themselves when they gang up on Snowden.

The presstitutes that constitute the Western media had a great incentive to buy in to the false story of the Paris attack, because they saw an opportunity to blame the attack on Snowden, who showed them up for what they are — whores who lie for the government for money.

Likewise, anti-immigration web sites and political parties have a great stake in the false story of the Paris attack, because they can use it to emphasize the perils of allowing into a country people who don’t belong there.

The leftwing buys into the government’s lies, because it proves their point that Western imperialism and neo-colonialism brings blowback. The oppressed colonies rise up and send death and destruction to the imperialist’s homelands. This is emotionally satisfying to the left even though it hands over to the government control over the population.

As for the fearful, if the blacks are not going to murder them in their beds, surely the terrorists will. Only the government can make them safe by repealing all civil liberties. TV program after TV program — even RT — presents citizens testifying how they welcome being searched by the police, because it makes them safe. As Benjamin Franklin once said, those who give up liberty for safety will have neither. But this is over the heads of the fearful and the presstitutes.

By now, my readers should be able to finish this story on their own.

The Nazis and others have made it very simple and clear: fear is a control mechanism.Terrorism creates fear, and fear drives fools into the hands of the government that created the terrorism that created the fear.

Go watch the movie, V For Vendetta. The British government unleashes a disease outbreak and uses the resulting fear to turn Britain into a police state. Movie producers, such as those who made V for Vendetta and The Matrix understand what is going on, but what percentage of the audience gets it?

We have had by my last count 150 false FBI “sting operations,” that is, FBI orchestrated “terror plots” in which the FBI recruits half-wits to do such things as blow up the Sears Tower with fake bombs handed to them by the FBI.

We have had the false flag 9/11 operation, the false flag Boston Marathon Bombing, the false flag Charlie Hebdo, the false flag Paris attack. All of these false flag operations were scripted long ago by Operation Gladio, by the Northwoods Project (use google and read about them), and so on.

The Western world consists of a tyranny in which brainwashed nonentities live in a constructed reality.

Can enough of these people be rescued to make a difference? That is the question.

The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of Oceania Saker.

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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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Editor’s Pick: For Nazi Industrialists And Hitler’s Banker “All Was Forgiven”

hitler schacht

bankers now

In recent years, there has been much shock and stunned reactions among the general public as one after another banker avoided any prison time, despite perpetrating (and benefiting from the subsequent bailout) the biggest financial crisis know to mankind.

But is this shock warranted? The simple answer: no.

Consider the case of countless Nazi financiers and even Hitler’s personal banker, Hjalmar Schacht. What do they all have in common? Aside from (or perhaps due to) practically all having walked through the secretive corridors of the Bank of International Settlements, the one truly disturbing common theme is that virtually all avoided any significant prosecution for their participation in the Third Reich. In fact, as the following excerpt clearly reveals, the basis of Germany’s Fourth Reich, which in Adam LeBor’s words, “would be a financial, rather than a military imperium” was the work almost exclusively of Nazi financiers and bankers. And, of course, America’s backing and support of said Nazi bankers and industrialists.

Because when it comes to political winners and losers, the bankers will gladly support them all, and as such, no matter their prior actions, global financiers – who can and will bring down with them the entire financial system – have a perpetual immunity from the law, even if it means trillions in taxpayer bailouts, or hundreds of millions of casualties.

So the next time anyone is outraged that Lloyd or Jamie or Jon are not only walking free but have hundreds of millions in their bank accounts, advise them that if “all is forgiven” to Hitler’s personal banker, then there is clearly no hope that the judicial system will ever bring those criminals known elsewhere as “bankers” to justice.

The following is an excerpt from TOWER OF BASEL: The Shadowy History of the Secret Bank that Runs the World by Adam LeBor. Reprinted with permission from PublicAffairs.

CHAPTER TEN: ALL IS FORGIVEN

When detained in Dustbin, among a number of references to the financially great he pointed out that the President of the BIS, Mr. McKittrick of the United States, would be able to speak favourably of him.

     — British intelligence report on Hermann Schmitz, CEO of IG Farben, while held prisoner at Kransberg Castle, aka “Dustbin,” December 1945

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Aircraft Carrier Stennis Has Biggest Ordnance Onload Since 2010

Aviation Ordnanceman Mariko Armstrong, from Denver, takes inventory of BLU-111 500-pound bombs.

Aviation Ordnanceman Mariko Armstrong, from Denver, takes inventory of BLU-111 500-pound bombs.

Nearly two weeks ago, we were surprised to read on the Navy’s website that one of America’s prize aircraft carriers, CVN-74, John C. Stennis (whose crew is perhaps best known for the following awkward incident), as part of an operational training period in preparation for future deployments, just underwent not only its first ordnance onload since 2010, but, according to Senior Chief Aviation Ordnanceman Jason Engleman, G-5 division’s leading chief petty officer, “the biggest ordnance onload we’ve seen.

From the Stennis’ blog:

 USS John C. Stennis (CVN 74) visited Naval Magazine (NAVMAG) Indian Island, the Navy’s primary ordnance storage and handling station on the West Coast, to onload six million pounds of ammunition, Jan. 13-15. “This is the biggest ordnance onload we’ve seen,” said Senior Chief Aviation Ordnanceman Jason Engleman, G-5 division’s leading chief petty officer. “We haven’t had an onload since December 2010, and we are ready to show what this warship can do.”

The ship plans to take on two-thirds of its weight capacity during the three day evolution. Bombs, missiles and rounds will be onloaded by 1,400 crane lifts.

“The importance of the Indian Island visit is to provide ammunition for the ship’s defense, and assist with training during this underway,” said Lt. Cmdr. Steve Kashuba, Stennis’ ordnance handler officer.

The ordnance onload was an all-hands evolution and included Sailors from AIMD, air, navigation, safety, security, supply and medical departments. Sailors served as watchstanders, safety observers or ordnance handlers to ensure the evolution ran smoothly.

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Russia Just Pulled Itself Out Of The Petrodollar

Source: Zero Hedge

Back in November, before most grasped just how serious the collapse in crude was (and would become, as well as its massive implications), we wrote “How The Petrodollar Quietly Died, And Nobody Noticed“, because for the first time in almost two decades, energy-exporting countries would pull their “petrodollars” out of world markets in 2015.

This empirical death of Petrodollar followed years of windfalls for oil exporters such as Russia, Angola, Saudi Arabia and Nigeria. Much of that money found its way into financial markets, helping to boost asset prices and keep the cost of borrowing down, through so-called petrodollar recycling.

We added that in 2014 “the oil producers will effectively import capital amounting to $7.6 billion. By comparison, they exported $60 billion in 2013 and $248 billion in 2012, according to the following graphic based on BNP Paribas calculations.”

petrodollar chart

The problem was compounded by its own positive feedback loop: as the last few weeks vividly demonstrated, plunging oil would lead to a further liquidation in foreign  reserves for the oil exporters who rushed to preserve their currencies, leading to even greater drops in oil as the viable producers rushed to pump out as much crude out of the ground as possible in a scramble to put the weakest producers out of business, and to crush marginal production. Call it Game Theory gone mad and on steroids.

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Russia’s “Startling” Proposal To Europe: Dump The US, Join The Eurasian Economic Union

Source: Zero Hedge

Slowly but surely Europe is figuring out that as a result of the western economic and financial blockade of Russian, it is Europe itself that is suffering the most. And while Germany was first to acknowledge this late in 2014 when its economy swooned and is now on the verge of a recession, now others are catching on. Case in point: the former head of the European Commission, and Italy’s former Prime Minister, Romano Prodi who told Messaggero newspaper that the “weaker Russian economy is extremely unprofitable for Italy.”

The other details from Prodi’s statement:

Lowered prices in the international energy markets have positive aspects for the Italian consumers, who pay less for the fuel, but the effect will be only short-term. In the long-term however the weaker economic situation in countries producing energy resources, caused by lower oil and gas prices, mostly in Russia, is extremely unprofitable for Italy, he said.

The lowering of the oil and gas prices in combination with the sanctions, pushed by the Ukrainian crisis, will drop the Russian GPD by five percent per annum, and thus it will cause cutting of the Italian export by about 50%,” Prodi said.

“Setting aside the uselessness or imminence of the sanctions, one should highlight a clear skew: regardless of the rouble rate against dollar, which is lower by almost a half, the American export to Russia is growing, while the export from Europe is shrinking.”

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