Obama's Chickens Coming Home To Roost In Kiev - By Donn Marten (11/9/14) PDF Print E-mail
Donn Marten   
Thursday, 11 September 2014 07:55

OpEdNews

While having lunch at a local eatery on Thursday, the television was on and the area news channel was spewing the same lies and State Department talking points on the vilified Russian leader Vladimir Putin's "invasion" of Ukraine. The patrons at the lunch counter were all staring into the electronic crack-pipe as they mentally digested the daily dispersal of official bullshit while I nearly choked on my 5.99 blue plate special meatloaf. Things have never been what they are sold as in Ukraine, anyone who is inclined to stay informed can easily do so in the era of the internet and social media. Despite the overwhelming propaganda that has been loosed in the insane and desperate efforts to shore up the useless Cold War dinosaur NATO as it brays and thrashes on the way to the tar pits of history, events in Ukraine appear to be on the brink of getting very interesting. The neocon concocted proxy war against Putin is spinning out of control now and the junta and it's U.S. backers best be prepared to reap the whirlwind.

Journalist Michael Collins, in a fantastic piece published at OpEd News entitled "Fascists Units and Regular Army Head for Kiev-Maidan Anti Gov Protests" writes of events on the ground as defeated junta troops and fascist thugs are returning to Kiev in droves. They are angry that US-EU-NATO Axis of Aggression backed junta has betrayed them. I excerpt the following from his excellent piece:



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Former Obama’s Chief Economist Calls “Dethrone ‘King Dollar’” - By Jared Bernstein (10/9/14) PDF Print E-mail
Jared Bernstein   
Wednesday, 10 September 2014 07:08

NYTimes

WASHINGTON — THERE are few truisms about the world economy, but for decades, one has been the role of the United States dollar as the world’s reserve currency. It’s a core principle of American economic policy. After all, who wouldn’t want their currency to be the one that foreign banks and governments want to hold in reserve?

But new research reveals that what was once a privilege is now a burden, undermining job growth, pumping up budget and trade deficits and inflating financial bubbles. To get the American economy on track, the government needs to drop its commitment to maintaining the dollar’s reserve-currency status.

The reasons are best articulated by Kenneth Austin, a Treasury Department economist, in the latest issue of The Journal of Post Keynesian Economics (needless to say, it’s his opinion, not necessarily the department’s). On the assumption that you don’t have the journal on your coffee table, allow me to summarize.

It is widely recognized that various countries, including China, Singapore and South Korea, suppress the value of their currency relative to the dollar to boost their exports to the United States and reduce its exports to them. They buy lots of dollars, which increases the dollar’s value relative to their own currencies, thus making their exports to us cheaper and our exports to them more expensive.



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Did Putin Just Bring Peace To Ukraine? - By Mike Whitney (9/9/14) PDF Print E-mail
Mike Whitney   
Tuesday, 09 September 2014 07:44

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BRICS In Motion To Form The New ‘International Community’ - By Michael Billington (9/9/14) PDF Print E-mail
Michael Billington   
Tuesday, 09 September 2014 07:42

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MUST-WATCH VIDEO: Hillary Clinton : We Created Al-Qaeda (8/9/14) PDF Print E-mail
Administrator   
Monday, 08 September 2014 08:09

 

 

 



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