Well, there it is... the alleged sexual assault case against former head of the International Monetary Fund and French Presidential candidate Dominique Strauss-Kahn is beginning to fall apart - less than a week after right-winger and pro-Chicago school Christine Lagarde is confirmed as his replacement at the IMF, and after his Chicago-school IMF deputy and former JP Morgan insider John Lipsky managed to force through the stiff "national asset confiscation" austerity plan on the hapless Greek people.
But what just happened? And why?
During his tenure at the IMF, Dominique Strauss-Kahn committed two cardinal boo-boos from the point of view of the world's corporate bankster cartels. First, he suggested that in the current climate of bailouts and endless money printing, perhaps it was wrong to expect the taxpayers of the world to lose their homes, savings, and jobs to pay off *all* the gambling debts of the big international banks themselves. Perhaps, he suggested, some of the bondholders of the banks should pay *some* of the cost, too. After all, this is capitalism, and it was they who'd decided to gamble their money, and the value of your investment may go down as well as up.
Well, that's not how the banksters see it. If the value of their investment goes up - hurrah! They're the masters of the universe, and they make shedloads of money and take massive bonuses for their great knowledge and talent. But if the value of their investment goes *down* - nooo! It's not their fault - they just lost a bet, why should they have to pay? No, in that case, the taxpayers of the world should have to borrow loads of money to pay off the banksters' debts now, then spend the next 20 or 30 years paying it off. If not - the banksters assured us - the sky would fall, and the world as we know it would come to an end. It's a classic gangster protection racket: "Give us your money, or the economy gets it!" That's what 21st century capitalism is!
So, strike one against DSK. You never, ever, tell the banksters they're going to lose money.
Second, DSK had begun to suggest - in response to cries of "foul!" from China, Russia, Brasil, India, and a host of other countries, that the IMF might be able to create a kind of "virtual world currency". The reason for this was that the Bush and Obama administrations, in introducing QE, or "quantitative easing", had been rapidly devaluing the *current* global reserve currency, the US dollar. This meant that all those nations (like China, Russia, Brasil, etc, etc) that kept lots of their money in dollars were losing out hand over fist - effectively they were footing the bill for the US dollar's devaluation. DSK was a firm supporter of what's called "Strategic Drawing Rights", or SDRs, which are a kind of virtual currency composed of a basket of other international currencies. If the rest of the world agreed to accept SDRs as a replacement for the US dollar to keep all their foreign reserves in, the US government (and the banksters) would be seriously compromised in their ability to devalue the dollar and force other nations to effectively pay off their debts.
Strike two. You never, ever, tell the US govt or the banksters the dollar is not the global reserve currency.
But what was the third strike?
This is where current French president Nicolas Sarkozy comes in. It's widely reported that Sarko's administration has a huge intelligence gathering network (paid for by French taxpayers) gathering dirt on his political opponents and often conducting smear campaigns against them - the recent bouts against both former French PM Dominique De Villepin *and* former French President Jacques Chirac are good examples of this. Dominique Strauss-Kahn was / is a popular, left-leaning member of the socialist party who was widely expected to oust Sarko and become French president in 2012. Over the weeks and months leading up to the DSK / IMF scandal, DSK himself indicated he was being targeted in smear campaigns by Sarko, and even warned that someone might try and ensnare him in a "honey trap" or sexual scandal.
Today, 1st July 2011, the case against DSK is starting to unravel. The political assassination hatchet job has been done: he has been removed from the IMF, and somebody *far more* compliant to the bankster pro-dollar lobby has been installed in his place. Christine Lagarde belongs to the "Chicago school" of economic thought, the same school whose proponents and ideas were largely responsible for the current economic collapse in the first place. She can be relied upon to give countries like Greece a hard time, and ensure that the IMF doesn't cause problems for the US dollar devaluation or bankster bailouts and widening austerity throughout the western world.
But there's still a window in the French presdential campaign. Theoretically, for the next 2 weeks, a released and acquitted DSK *could* conceivably still announce his candidacy for the French presidency. Remember that number: 2 weeks. After Bastille Day, the race is closed, no more bets, rien ne va plus.
Manuscripts Don't Burn believes this is where we see how much of a role Sarko played in the political assassination. If he's able to stall the case for another 2 weeks - keep DSK in the USA, even if released and bail returned - until 14th July, with a shadow hanging over him, then he'll be unable to run for the presidency. In that case, it's reasonable to conclude that Sarko has been a leading player in the assassination. If *not*, and DSK is released unconditionally in the next few days, all charges dropped, and is able to announce his candidacy, then Sarko hasn't been strong enough to call the shots, and it looks like the IMF lobby had the upper hand in the assassination.
We wouldn't like to put money on it.
Either way, the hatchet job is done. Greece is stuffed, the bankster riches are increasing hugely, and the rest of us are slated to foot the bill. Expect more of the same.
What a darker place the world has become over the past ten years. Those of us raised in the latter part of the 20th century still like to think of our governments and the authorities as benevolent and well-meaning. But we shouldn't forget: governments can change. Countries can change. And very quickly: in 1926, Weimar Germany was a vibrant, liberal society with a sparkling and progressive culture; by 1936, the darkness of Nazism was strangling the life out of the country. In 1912, Russia seemed to be moving towards liberal democracy; by 1922, it had been decimated by war, revolution, and civil war, and faced decades of totalitarianism.
Manuscripts Don't Burn imagines people in those countries didn't believe it could happen to them either.
Friday, 1 July 2011
Thursday, 14 April 2011
The Sound of Jackboots...
As we embark very earnestly now on their blatant attempt to recreate the 1930s, Manuscripts Don't Burn would like to note recent attempts by the UK corporate government to stoke the fires of racism, stereotyping, and xenophobia in an attempt to distract the undereducated disenfranchised masses from the growing economic horror unravelling around them.
After thirty years of demolishing the education system, it's hardly surprising many in the UK today do not know their history well enough to know this scapegoating racist crap for what it is. The UK has been a multi-cultural, multi-racial society for half a century, a mongrel nation enriched by countless cultures over many centuries.
An act of political legerdemain, mass misdirection to blame a minority for the country's woes rather than the real culprits, the banksters who are leading us back to the future.
Stoke the fires. Unfurl the flags. Get ready for the Two Minutes' Hate. The economy is going down the tubes, and the government wants you to attack ANYONE except them. Time once again for a scapegoat...
After thirty years of demolishing the education system, it's hardly surprising many in the UK today do not know their history well enough to know this scapegoating racist crap for what it is. The UK has been a multi-cultural, multi-racial society for half a century, a mongrel nation enriched by countless cultures over many centuries.
An act of political legerdemain, mass misdirection to blame a minority for the country's woes rather than the real culprits, the banksters who are leading us back to the future.
Stoke the fires. Unfurl the flags. Get ready for the Two Minutes' Hate. The economy is going down the tubes, and the government wants you to attack ANYONE except them. Time once again for a scapegoat...
Tuesday, 5 April 2011
Libya - The US vs China Agenda
(Paraphrased from Paul Craig Roberts' comment on the Zerohedge website. With thanks and credit to Paul.)
In the 1930s the US, Great Britain, and the Netherlands set a course for World War II in the Pacific by seizing Japan’s bank accounts in their countries that Japan used to pay for imports and cut Japan off from oil, rubber, tin, iron and other vital materials. Was Pearl Harbour Japan’s response?
Now Washington and its NATO puppets are employing the same strategy against China.
Protests in Tunisia, Egypt, Bahrain, and Yemen arose from the people protesting against Washington’s tyrannical puppet governments. However, the protests against Gaddafi, who is not a Western puppet, appear to have been organized by the CIA in the eastern part of Libya where the oil is, and where China has substantial energy investments.
Eighty percent of Libya’s oil reserves are believed to be in the Sirte Basin in eastern Libya, now controlled by rebels supported by Washington. As seventy percent of Libya’s GDP is produced by oil, a successful partitioning of Libya would leave Gaddafi’s Tripoli-based regime impoverished. http://www.energyinsights.net
The People’s Daily Online (March 23) reported that China has 50 large-scale projects in Libya. The outbreak of hostilities has halted these projects and resulted in 30,000 Chinese workers being evacuated from Libya. Chinese companies report that they expect to lose hundreds of millions of yuan.
China is relying on Africa, principally Libya, Angola, and Nigeria, for future energy needs. In response to China’s economic engagement with Africa, Washington is engaging the continent military with the US African Command (AFRICOM) created by President George W. Bush in 2007. Forty-nine African countries agreed to participate with Washington in AFRICOM, but Gaddafi refused, thus creating a second reason for Washington to target Libya for takeover.
A third reason for targeting Libya is that Libya and Syria are the only two countries with Mediterranean sea coasts that are not under the control or influence of Washington. Suggestively, protests also have broken out in Syria. Whatever Syrians might think of their government, after watching Iraq’s fate and now Libya’s, it is unlikely that Syrians would set themselves up for US military intervention. Both the CIA and Mossad are known to use social networking sites to foment protests and to spread disinformation. These intelligence services are the likely conspirators that the Syrian and Libyan governments blame for the protests.
Caught off guard by protests in Tunisia and Egypt, Washington realized that protests could be used to remove Gaddafi and Assad. The humanitarian excuse for intervening in Libya is not credible considering Washington’s go-ahead to the Saudi military to crush the protests in Bahrain, the home base for the US Fifth Fleet.
If Washington succeeds in overthrowing the Assad government in Syria, Russia would lose its Mediterranean naval base at the Syrian port of Tartus. Thus, Washington has much to gain if it can use the cloak of popular rebellion to eject both China and Russia from the Mediterranean. Rome’s mare nostrum (“our sea”) would become Washington’s mare nostrum.
“Gaddafi must go,” declared Obama. How long before we also hear, “Assad must go?”
The American captive press is at work demonizing both Gaddafi and Assad, an eye doctor who returned to Syria from London to head the government after his father’s death.
The hypocrisy passes unremarked when Obama calls Gaddafi and Assad dictators. Since the beginning of the 21st century, the American president has been a Caesar. Based on nothing more than a Justice Department memo, George W. Bush was declared to be above US statutory law, international law, and the power of Congress as long as he was acting in his role as commander-in-chief in the “war on terror.”
Caesar Obama has done Bush one step better. Caesar Obama has taken the US to war against Libya without even the pretense of asking Congress for authorization. This is an impeachable offense, but an impotent Congress is unable to protect its power. By accepting the claims of executive authority, Congress has acquiesced to Caesarism. The American people have no more control over their government than do people in countries ruled by dictators.
Washington’s quest for world hegemony is driving the world toward World War III. China is no less proud than was Japan in the 1930s and is unlikely to submit to being bullied and governed by what China regards as the decadent West. Russia’s resentment to its military encirclement is rising. Washington’s hubris can lead to fatal miscalculation.
In the 1930s the US, Great Britain, and the Netherlands set a course for World War II in the Pacific by seizing Japan’s bank accounts in their countries that Japan used to pay for imports and cut Japan off from oil, rubber, tin, iron and other vital materials. Was Pearl Harbour Japan’s response?
Now Washington and its NATO puppets are employing the same strategy against China.
Protests in Tunisia, Egypt, Bahrain, and Yemen arose from the people protesting against Washington’s tyrannical puppet governments. However, the protests against Gaddafi, who is not a Western puppet, appear to have been organized by the CIA in the eastern part of Libya where the oil is, and where China has substantial energy investments.
Eighty percent of Libya’s oil reserves are believed to be in the Sirte Basin in eastern Libya, now controlled by rebels supported by Washington. As seventy percent of Libya’s GDP is produced by oil, a successful partitioning of Libya would leave Gaddafi’s Tripoli-based regime impoverished. http://www.energyinsights.net
The People’s Daily Online (March 23) reported that China has 50 large-scale projects in Libya. The outbreak of hostilities has halted these projects and resulted in 30,000 Chinese workers being evacuated from Libya. Chinese companies report that they expect to lose hundreds of millions of yuan.
China is relying on Africa, principally Libya, Angola, and Nigeria, for future energy needs. In response to China’s economic engagement with Africa, Washington is engaging the continent military with the US African Command (AFRICOM) created by President George W. Bush in 2007. Forty-nine African countries agreed to participate with Washington in AFRICOM, but Gaddafi refused, thus creating a second reason for Washington to target Libya for takeover.
A third reason for targeting Libya is that Libya and Syria are the only two countries with Mediterranean sea coasts that are not under the control or influence of Washington. Suggestively, protests also have broken out in Syria. Whatever Syrians might think of their government, after watching Iraq’s fate and now Libya’s, it is unlikely that Syrians would set themselves up for US military intervention. Both the CIA and Mossad are known to use social networking sites to foment protests and to spread disinformation. These intelligence services are the likely conspirators that the Syrian and Libyan governments blame for the protests.
Caught off guard by protests in Tunisia and Egypt, Washington realized that protests could be used to remove Gaddafi and Assad. The humanitarian excuse for intervening in Libya is not credible considering Washington’s go-ahead to the Saudi military to crush the protests in Bahrain, the home base for the US Fifth Fleet.
If Washington succeeds in overthrowing the Assad government in Syria, Russia would lose its Mediterranean naval base at the Syrian port of Tartus. Thus, Washington has much to gain if it can use the cloak of popular rebellion to eject both China and Russia from the Mediterranean. Rome’s mare nostrum (“our sea”) would become Washington’s mare nostrum.
“Gaddafi must go,” declared Obama. How long before we also hear, “Assad must go?”
The American captive press is at work demonizing both Gaddafi and Assad, an eye doctor who returned to Syria from London to head the government after his father’s death.
The hypocrisy passes unremarked when Obama calls Gaddafi and Assad dictators. Since the beginning of the 21st century, the American president has been a Caesar. Based on nothing more than a Justice Department memo, George W. Bush was declared to be above US statutory law, international law, and the power of Congress as long as he was acting in his role as commander-in-chief in the “war on terror.”
Caesar Obama has done Bush one step better. Caesar Obama has taken the US to war against Libya without even the pretense of asking Congress for authorization. This is an impeachable offense, but an impotent Congress is unable to protect its power. By accepting the claims of executive authority, Congress has acquiesced to Caesarism. The American people have no more control over their government than do people in countries ruled by dictators.
Washington’s quest for world hegemony is driving the world toward World War III. China is no less proud than was Japan in the 1930s and is unlikely to submit to being bullied and governed by what China regards as the decadent West. Russia’s resentment to its military encirclement is rising. Washington’s hubris can lead to fatal miscalculation.
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