Wednesday, March 21, 2018

Andrew Brennan — US media is more neo-McCarthyism than journalism

What we are watching in the US is a hysteria being orchestrated by parties and members of the US corporate and political establishment to rally “America” against the “commie Soviets” again, except there are no “commie Soviets.” The push for Russophobia is like nothing Western audiences – yes, audiences because this is theater – have seen before, even during the Cold War.
Night and day, the press wheels churn any and all content warning that the Russians are coming, linking Russia to everything dubious and malevolent. The US corporate media has desensitized and drained the public’s tolerance in being able to take any more indoctrinating daily shows on Russia. The media pundits have actually polarized American society regarding President Donald Trump and Russia....
Asia Times
US media is more neo-McCarthyism than journalism
Andrew Brennan

Sean McElwee, Colin McAuliffe and Jon Green — Why Democrats Should Embrace a Federal Jobs Guarantee

Going mainstream. Some prominent Democrats are already embracing a JG.

The Nation
Why Democrats Should Embrace a Federal Jobs Guarantee
Sean McElwee, Colin McAuliffe and Jon Green

David Malone - Questions for the Near Future. 1

I just hope governments cotton onto MMT sometime soon then we might be able to stop this disaster.  Micheal Hudson says the 2008 crash was orchestrated by the bankers because they knew that would get bailed out and make a lot of money. Interests rates have been kept low to help boost the economy but pensions have not been making enough money. Well, the bankers don't care about people's pensions because they are too rich to be affected. 

We are told that in capitalism the profit motive gives people incentives to start up companies and expand the present ones, but it seems that the big money is made by asset stripping what took hundreds of years to build up in the West.    KV

David Malone 

What will you do when you are told that your company pension is bust? Or that the pension you thought you were going to get has to be cut to a fraction of what you were promised?
Will you expect your political leaders to put people in prison? Will they? Or will they have an enquiry and then say ‘lessons have been learned’ and ‘new safeguards have been put in place’, and will they appoint a Pension Commissioner/Tsar who will draw a large salary and in return hold meetings with the heads of the pension industry and agree a code of conduct and draw up rules for ‘better’ self regulation?
What will you do when you are told that because of a decade and more of ultra-low interest rates, the insurance company that holds your private pension is in very deep trouble and just cannot pay?
What will you do if you are told that you will have to bailout various insurers in order to save the pension industry?
What will you do when you are told that the state pension can’t afford to pay retirements any more? What will you do if you are told that to expect a pension is a form of entitlement neither you nor your children any longer have a right to?
Golem XIV

Craig Murray — On Being a Dissenting Voice in 2018

The site is just back up at 16.42 on 21 March having managed to slip like the Tardia into another dimension and thus dodge the massive DOS attack we are under. over 50,000 separate IP addresses simultaneously throwing up millions of hits. The attack has not actually stopped and does seem to have a human intelligence changing terms and directing it, which could make for an interesting afternoon. Once our excellent techs get a minute from fighting it, we will post the cloudfare graphs as evidence.
I just thought I might give you a little taste of what it means to your personal life to express dissent from the government line in the UK in 2018. Let me start with this combined effort from the UK’s most popular website, Guido Fawkes, which fanatically supports the government, and the Blairite crew at “The Guardian”....
Taking down dissent. A fine "liberal" tradition.

Craig Murray Blog
On Being a Dissenting Voice in 2018
Craig Murray, formerly British ambassador to Uzbekistan and Rector of the University of Dundee

Moon of Alabama Russian Scientists Explain 'Novichok' - High Time For Britain To Come Clean (Updated)

More information if you are following this closely. The plot thickens.

Moon of Alabama
Russian Scientists Explain 'Novichok' - High Time For Britain To Come Clean (Updated)

The Guardian - PwC faces MPs over accusations of ‘milking the Carillion cow dry’

Commons committee to focus on pensions advice as accountants are questioned over role in collapse

The PPF is likely to pick up all but two of Carillion’s 13 pension schemes and has estimated the funding shortfall for the schemes at about £900m. It would cost an estimated £2.6bn for a pension firm to buy out the defined-benefit schemes, which is unlikely to happen.

Frank Field, the chair of the Commons work and pensions committee, said: “PwC had every incentive to milk the Carillion cow dry. Then, when Carillion finally collapsed, PwC adroitly re-emerged as butcher, packaging up joints of the fallen beast to be flogged off. 

“For this they are handsomely rewarded by the taxpayer. They claim to be experts in every aspects of company management. They’re certainly expert in ensuring they get their cut at every stage.”
Three partners from PwC will face questions from MPs as part of the joint inquiry by the work and pensions committee and business committee into the collapse of Carillion: Marissa Thomas, head of deals; David Kelly, special manager; and Gavin Stoner, restructuring and pensions.

MPs on the two select committees have already accused the “big four” accountancy firms of “feasting on what was soon to become a carcass”. KPMG, Deloitte, EY and PwC banked £72m for work carried out on Carillion, its pension scheme and its government contracts in the 10 years leading to its failure.

Ann Wright — The New CIA Director Nominee and the Massacre at My Lai

The protection of those who commit heinous crimes in the name of the U.S. government (by the government in whose name the crimes are committed) provides a dangerous precedent and could lead to the conclusion by many in the military and CIA that they can “get away with murder.” 
The sad history of our country is that murders and executions (remember the extrajudicial drone assassinations ordered by Presidents Bush, Obama and Trump) are acts that continue to be the policy of our country. These acts are known throughout the world, but seldom spoken about in the United States. That President Trump would nominate a known torturer to be the director of the CIA is horrific. Her confirmation by the U.S. Congress would be a tragedy....
Consortium News
The New CIA Director Nominee and the Massacre at My Lai
Ann Wright, Colonel (ret.), U.S. Army/Army Reserves, and a U.S. diplomat for 16 years serving in U.S. Embassies in Nicaragua, Grenada, Somalia, Uzbekistan, Kyrgyzstan, Sierra Leone, Micronesia, Afghanistan and Mongolia

See also
Ralph Drollinger, a 7’1” former professional basketball player who established Capitol Ministries in 1997, has drawn attention for his role as the organizer of a weekly prayer group in the White House. Attendees include Pompeo, Vice President Mike Pence, and cabinet secretaries Ben Carson, Betsy DeVos, Rick Perry, Sonny Perdue, and Jeff Sessions.
Do a search on this character and see what the US cabinet is exposing itself to. It would be bad enough if it were just nuttiness. But it's toxic to liberalism, you know, freedom and democracy.

Is Mike Pompeo as Islamophobic as His Spiritual Adviser?
Eli Clifton

Going Underground - Legendary Noel Edmonds on City Corruption & Dr Alford on Intelligence-Hollywood Collusion

Noel Edmonds had a number of his businesses go bankrupt and he just thought that he is not a good businessman but eventually he started reading about white collar banking crime and he realised his businesses were made bankrupt on purpose so that the banks could seize the assets and make a lot of money. Noel Edmonds is fighting for compensation and he say's the problems started when Thatcher deregulated the City of London, known as the big bang. He say's how neoliberalism has destroyed our economy while a few have made enormous profits.

In this episode, we speak to legendary broadcaster Noel Edmonds about corruption and fighting the British banking system. Dr Matthew Alford on alleged collusion between the U.S. government and Hollywood. Plus, Jackie Walker performs a scene from her play ‘The Lynching’!

Leonid — The low blow as a rule

It is a centuries-old practice of the maritime powers [thalassocracy] to "isolate" their enemies with a curtain made of economic sanctions, military encirclement, political and ideological condemnation: in the past, "isolation" or "strangulation" was usually the source of war. The latest developments in Europe are therefore to be looked at with concern: in the United Kingdom, the clumsy poisoning of former Russian spy Sergei Skripal was exploited to further exacerbate diplomatic relations with Russia and to push "the allies" in the same direction, while in Slovakia Prime Minister Robert Fico, opposed to a total flattening of NATO policies, was overthrown in a dirty operation. The Atlantic block has now "ostracized" Moscow and, denying its rights, its interests and its legitimate sphere of influence, is preparing the ground for war....
Good summary of the lead up to war to date. This is pretty clearly the way the Russian leadership views it. They are preparing for WWIII as the extension of WWI and WWII. They would be foolish not to do so.

The Chinese leadership is also well aware it next on the list after Russia and is sending warnings that Taiwan is a red line.

My assessment is that the Western military establishment realizes that the window of opportunity is closing and that they don't have much time left before Russia and China, which are being driven together by events, become too strong to confront, so that the US-led West loses global hegemony. This is unacceptable.

Parlous times. Looks like the US is stumbling into the Thucydides trap.

The low blow as a rule

See also

Paul Robinson dissects more propaganda.

How not to write history
Paul Robinson | Professor, Graduate School of Public and International Affairs at the University of Ottawa


Strategic Culture Foundation
The Russian Military Warns: a Major War in Syria Is ImminentArkady Savitsky, military analyst based in St Petersburg, Russia


Israel admits bombing suspected Syrian nuclear reactor in 2007, warns Iran

Josh Cohen — Commentary: Ukraine’s neo-Nazi problem

As Ukraine’s struggle against Russia and its proxies continues, Kiev must also contend with a growing problem behind the front lines: far-right vigilantes who are willing to use intimidation and even violence to advance their agendas, and who often do so with the tacit approval of law enforcement agencies....
Western diplomats and human rights organizations must urge Ukraine’s government to uphold the rule of law and to stop allowing the far right to act with impunity....
Far from the whole story, but a good start for the lamestream media anyway where the story has been largely submerged so far.

Commentary: Ukraine’s neo-Nazi problem
Josh Cohen, former USAID project officer involved in managing economic reform projects in the former Soviet Union

Mary Dejevsky — The British Government’s response to Sergei Skripal proves we’ve learnt nothing from the Iraq War

On Iraq, the UK’s version of “the facts” was embraced by pretty much all our political establishment and many of our allies – with the honourable exception of the French, the Germans, the late Charles Kennedy and his little band of Lib Dems, and – yes, let it not be forgotten – the leader of today’s Labour opposition, Jeremy Corbyn. It was a version that proved to be disastrously wrong. Yet a combination of Tony Blair’s persuasive powers, naïve acceptance of the need for national unity, and an exaggerated sense of the UK’s importance led us down this fatal path. Those who dared to object – including the million who took to the streets – were dismissed as deluded and unpatriotic.
Tony Blair is still walking free and thumbing his nose at the world with no show of remorse over the havoc that he and G. W. Bush wreaked.

Now they want to do it again?

This is what happens when there is no accountability.

Steven Chovanec — In Venezuela, It's "Democracy" if US-Backed Candidates Are Empowered, "Tyranny" if They Are Not

Control of the narrative runs from the US deep state through the "lamestream" media where propaganda poses as journalism.

In this article, Maduro can be replaced with Putin, and Venezuela with Putin. It's the same script.

Claire Connelly — Capitalism and the veil of ignorance


Capitalism and the veil of ignorance
Claire Connelly 

Reuters — India most vulnerable country to climate change - HSBC report

India is the most vulnerable country to climate change, followed by Pakistan, the Philippines and Bangladesh, a ranking by HSBC showed on Monday....
Pakistan was ranked by HSBC among nations least well-equipped to respond to climate risks....
Not that prior to the partition of India after independence, Pakistan and Bangladesh were part of India. This area of the subcontinent is most vulnerable.

India most vulnerable country to climate change - HSBC report

Michael Hudson — The Hudson Report: Episode 1 – Debtors Prisons 2018 Michael Hudson

Left Out, a podcast produced by Michael Palmieri, Dante Dallavalle, and Paul Sliker, creates in-depth conversations with the most interesting political thinkers, heterodox economists, and organizers on the Left.
Debtors Prisons 2018
THE HUDSON REPORT: Modern-day debtors’ prisons and debt in antiquityPOSTED ON MARCH 19, 2018
We’re excited to announce our new weekly series called The Hudson Report with the legendary economist Michael Hudson. Every episode we’ll pick Professor Hudson’s brain for 10 or 15 minutes on an economic issue that is either being ignored—or hotly debated—that week in the press....
Michael Hudson
The Hudson Report: Episode 1 – Debtors Prisons 2018
Michael Hudson | President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City, and Guest Professor at Peking University

Bill Mitchell — Neoliberal economic Groupthink alive and well in Europe

It is Wednesday so only a couple of snippets today. I was going to write about the BBC’s ridiculous attempt to portray Jeremy Corbyn as a sort of Russian-spy-type-dude in its Newsnight segment last Thursday (March 15, 2018). They manipulated his peaked hat (via Photoshop or through lighting) to make it look like a typical Lenin-type “Soviet stooge” hat and presented him against a red Kremlin skyline of Red Square (href=””>Source). The BBC denied they had altered the hat but then admitted the BBCs “excellent,hardworking) graphics team … had the contrast increased & … colour treated) but it was only accidental (not!) that he was made to look as Leninesque as possible. Amazing how deep the anti-neoliberal Groupthink has penetrated. This is the public broadcaster! But Groupthink is alive and well in Europe and doing its best to pervert, distort, stifle and suppress debate on important matters relating to democratic freedoms and the failure of the EU.
Bill Mitchell – billy blog
Neoliberal economic Groupthink alive and well in Europe
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia

Tuesday, March 20, 2018

Russia Watch

Petr Akopov reminds that Great Britain is Russia's old enemy and that Russians need to wake up to the reality that they are now under attack again.

The Vineyard of the Saker
Russia is fighting a lethal enemy
Petr Akopov for Vzgliad
Translated by Edvin Buday


Peter Koenig makes a similar point about the West.

Russia’s Reaction to the Insults of the West is Political Suicide
Peter Koenig

Do the Russians fail to see this? I doubt it. It's been obvious for a long time and set forth in Western geopolitical and geostrategic analysis.

See also

On the Skripal affair.


A Curious Incident Part II

See also

Une parole franche
U.S. Raises the White Flag…at last!
Gilbert Doctorow | European Coordinator of The American Committee for East West Accord Ltd.


Voltaire Net
Under a false flag, UK attempts three chemical attacks in the Ghouta


The Unz Review
Maps of Russian Electoral Fraud

Crimeans Send Their Regards
Anatoly Karlin

Stephen S. Roach — China as Seen from a Glass House

Good analysis excepting this:
The plight of the US middle class has been framed as a blame game, with China and its alleged unfair trading practices singled out as the culprit. Yet the evidence points elsewhere: to a dramatic shortfall of domestic saving that leaves America dependent on surplus saving from abroad to fill the gap. The result is a multilateral trade deficit, with China and 101 other countries, required to provide the foreign capital needed for the balance of payments.
Project Syndicate
China as Seen from a Glass House
Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist, now senior fellow at Yale University's Jackson Institute of Global Affairs and a senior lecturer at Yale's School of Management

Moon of Alabama — Cambridge Analytica And The Manipulation Of People

MoA-ites correctly distrust every word emanating from the mealy mouthed Guardian because it has been used in a vicious campaign to advance the interests of Zionists to the point where the well being of Guardian readers has been relegated below the interests of apartheid Israel.
Nevertheless having a bit of a shufti at the loudly trumpeted Facebook-Cambridge Analytica expose is an essential act for anyone who wants to try to get a grip on how populations are being deliberately manipulated.
There is a relatively easy to digest video here where Christopher Wyllie, a computer scientist, outlines the birth of Cambridge Analytica, Alexander Nix, the CEO and the method used to sell the development of the corporation to Steve Bannon, CA's first customer and Robert Mercer, the Wall Street financier who underwrote the cost of setting up the corporation.
I recommend spending the 13 minutes required to watch the video because Wyllie's summation of what they did and why is horrifying. Lines such as "If you want to change the way a person votes you have to change the culture the person lives within." and "to change a culture, first you have to smash the existing one then grab the pieces and mold it into the shape you want the culture to be"....

Moon of Alabama
Cambridge Analytica And The Manipulation Of People

Tim Johnson — The Golden Rule

Finance and philosophy.

Money, Maths and Magic
The Golden Rule
Tim Johnson | Lecturer (associate professor) in the Department of Actuarial Mathematics and Statistics, Heriot-Watt University, Edinburgh

George Galloway delivers bombastic blast on Sergei Skripal

George Galloway knows how to drive home a point. Excellent!

PCR - Finally, Some Good News

Let's hope the movements, how ether small to expose the Deep State and Hilary Clinton for what they are continue. And Charles Ortel says he's really closing in on Clinton foundation scandal now. I would like to see Theresa May and Boris Johnson look stupid if Russiagate falls apart.


Washington’s gratuitous raising of tensions with Russia that we have been witnessing for many years is so reckless and irresponsible that we need some relief from the depression of it all. Perhaps I am grasping at straws, but here are some hopeful developments.
—An establishment journalist, Michael Goodwin, the chief political columnist for the New York Post and a former bureau chief for the New York Times, has blamed the New York Times and Washington Post for the destruction of journalistic standards in the United States.
—James Kallstrom, an Assistant Director of the FBI, told Fox News that high-ranking people throughout the US government coordinated a plot to help Hillary Clinton avoid indictment:
“I think we have ample facts revealed to us during this last year and a half that high-ranking people throughout government, not just the FBI, high-ranking people had a plot to not have Hillary Clinton, you know, indicted. 
“I think it goes right to the top. And it involves that whole [Russiagate] strategy—they were gonna win, nobody would have known any of this stuff, and they just unleashed the intelligence community. Look at the unmaskings. We haven’t heard anything about that yet. Look at the way they violated the rights of all those American citizens.”
—Senator Rand Paul vows to block the appointments of Mike Pompeo and Gina Haspel as Secretary of State and Director of the CIA. Read and rejoice:
It is possible that the firing of Deputy FBI Director McCabe has opened for public exposure the plot hatched by the CIA, FBI, Departments of Justice and State, Hillary Clinton, and the Democratic National Committee to cover up Hillary’s felonies and to falsely accuse Donald Trump of conspiring with Russian President Putin to steal the US presidential election. If Trump doesn’t chicken out, it is possible to put Brennan, Comey, McCabe, Hillary, and many others in prison for their egregious and bold assault on American democracy and the rule of law. These prosecutions would break the power, of much of it, of the secret national security state, and, thereby, make it possible for Trump to return to his campaign promise to normalize relations with Russia. If these relations are not normalized, war will be the result. But at least now there is a chance.
—British Ambassador Craig Murray has successfully exposed the deception practiced by the utter corrupt British government in its false allegation that the Russian government used a nerve agent to poison two people on a bench in England. The British government’s scientists have far more integrity than the British government and flatly refused to sanction the government’s claim about the nerve agent. This forced the corrupt May government to use the wording “of a type developed by Russia.”
Amb. Murray goes on to establish that there is no evidence that Russia ever developed such a nerve agent and that the Organisation for the Prohibition of Chemical Weapons (OPCW) found no such agent when it oversaw and verified Russia’s destruction of Russian chemical weapons. Amb. Murray reports that the only known synthesis of what is being called “Novichok” occurred in 2016 by Iran in cooperation with the Organisation for the Prohibition of Chemical Weapons in order to test whether formulas published in a book many years ago could actually produce such an agent.
Amb. Murray exposes the utterly corrupt presstitutes that comprise the Western media for never once asking the corrupt UK government about its hedge words, “of a type developed by Russia” and for their efforts to silence him with libel and slander.
As important as Amb. Murray’s factually uncontested findings are, the main point is that no laboratory has reported any finding that such a nerve agent was used on Skirpal and his daughter. We don’t even know if any attack occurred on Skirpal. The corrupt British government has provided no evidence of any attack and no evidence of any nerve agent.
What is the real reason for the British government’s completely obvious blatant lies?
What is the real reason for the complete failure of the media to investigate and report an alleged event?

How much more evidence does the world need that the Western media is nothing but a collection of liars devoid of all integrity who serve as a Propaganda Ministry for undeclared government agendas? The Skirpal Affair is the final nail in the coffin of the Western media. 

RT - Trump to meet Putin to discuss ‘arms race that is getting out of control’

US President Donald Trump said he will meet his Russian counterpart Vladimir Putin in the not too distant future to discuss an arms race that Trump called “out of control.” He also congratulated Putin on his election victory.

Further details to follow.

That's all RT says. KV

Torture Watch

More denial that international law and the Nuremberg precedent apply to US officials "just carrying out orders."

International law only applies to "them" and not to US. (pun intended)

It's clear that the US intelligence services need to be purged of this rot.

Patrick Lawrence — Behind this week’s Russia headlines: A mystery, a leap to conclusions and a fateful turn

More pieces being moved on the grand chess board.

Behind this week’s Russia headlines: A mystery, a leap to conclusions and a fateful turn
Patrick Lawrence | Foreign Affairs Correspondent, Salon

Marshall Auerback — The Fed Is on the Verge of Making a Major Policy Error

Policymakers have helped to perpetuate an economic model that is ultimately unsustainable.
The article is based on Bill Mitchell's analysis of US unemployment.

The Fed Is on the Verge of Making a Major Policy Error
Marshall Auerback / AlterNet

Monmouth University Polling Institute — Public Troubled by ‘Deep State’

A majority of the American public believe that the U.S. government engages in widespread monitoring of its own citizens and worry that the U.S. government could be invading their own privacy. The Monmouth University Poll also finds a large bipartisan majority who feel that national policy is being manipulated or directed by a “Deep State” of unelected government officials. Americans of color on the center and left and NRA members on the right are among those most worried about the reach of government prying into average citizens’ lives.
Just over half of the public is either very worried (23%) or somewhat worried (30%) about the U.S. government monitoring their activities and invading their privacy. There are no significant partisan differences – 57% of independents, 51% of Republicans, and 50% of Democrats are at least somewhat worried the federal government is monitoring their activities. Another 24% of the American public are not too worried and 22% are not at all worried.
Fully 8-in-10 believe that the U.S. government currently monitors or spies on the activities of American citizens, including a majority (53%) who say this activity is widespread and another 29% who say such monitoring happens but is not widespread. Just 14% say this monitoring does not happen at all. There are no substantial partisan differences in these results.
“This is a worrisome finding. The strength of our government relies on public faith in protecting our freedoms, which is not particularly robust. And it’s not a Democratic or Republican issue. These concerns span the political spectrum,” said Patrick Murray, director of the independent Monmouth University Polling Institute....
Few Americans (13%) are very familiar with the term “Deep State;” another 24% are somewhat familiar, while 63% say they are not familiar with this term. However, when the term is described as a group of unelected government and military officials who secretly manipulate or direct national policy, nearly 3-in-4 (74%) say they believe this type of apparatus exists in Washington. This includes 27% who say it definitely exists and 47% who say it probably exists. Only 1-in-5 say it does not exist (16% probably not and 5% definitely not). Belief in the probable existence of a Deep State comes from more than 7-in-10 Americans in each partisan group, although Republicans (31%) and independents (33%) are somewhat more likely than Democrats (19%) to say that the Deep State definitely exists. ...
Monmouth University Polling Institute
Public Troubled by ‘Deep State’

Bill Mitchell — Donald Trump’s tariff hikes are not good policy

I am generally not in favour of trade protection. I grew up in a country that had very extensive protection (tariffs, import quotas) on manufacturing goods, which was justified on a number of grounds – capacity to shift to defense industries; stable employment; and more abstractly, an expression of becoming a ‘modern’ nation, leaving our agrarian roots behind. The initial move to impose high tariffs was that a young industry would take time to develop – the so-called infant industry argument, which goes back to the 1790 Report on Manufactures written by American economist Alexander Hamilton. The problem is that the infant never really grew up and the tariffs just became a cosy rent-sharing margin for unions and multinational corporations. Meanwhile consumers paid excessive prices for deficient-quality motor vehicles (among other products). It is clear that as trade opens up there are workers and regions that lose – and lose badly. The answer is not try to reinvent the past through protection. Rather, it is to use the government’s fiscal capacity to create new opportunities in these regions to ensure that workers disadvantaged by import competition can transit into new jobs with stable incomes. That option is often overlooked because modern governments have become obsessed with austerity. And, as I argue below, that obsession will in the context of Donald Trump’s tariff hikes, work against the European nations that are running ridiculously large current account surpluses....

Bill Mitchell – billy blog
Donald Trump’s tariff hikes are not good policy
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia

Monday, March 19, 2018

Edward Harrison — Hyman Minsky And Asset Price Inflation Versus Consumer Price Inflation

Hyman Minsky’s financial theory of investment rests on a bifurcation of an economy’s price systems. On the one hand, there’s the price system for goods and services. And inflation here is what central banks look to hold in check. But at the same time, there is a wholly separate price system for assets. And it’s here where stability leads to asset price inflation, a build up in debt, instability, and, eventually, crisis.
Economics professor Randall Wray is a real Minsky scholar. He studied under Minsky at Washington University in St. Louis. And last year, he wrote a book “Why Minsky Matters: An Introduction to the Work of a Maverick Economist“. Here’s what Wray says about Minsky’s two price systems:
Credit Writedowns
Hyman Minsky And Asset Price Inflation Versus Consumer Price Inflation
Edward Harrison

Dean Baker — China as Number One: The Relative Size of the U.S. and Chinese Economies

PPP rather than GDP.
Purchasing power parity calculations of GDP attempt to measure all the goods and services produced by a country with a common set of prices. This means we add up all the cars, tables, haircuts, knee surgeries etc. produced in both the U.S. and China, and assume that each item costs the same in both countries.
According to the projections from the I.M.F. China's GDP is already 25 percent larger by this measure and will be almost 50 percent larger by the end of the projection period in 2022….
Beat the Press
China as Number One: The Relative Size of the U.S. and Chinese Economies
Dean Baker | Co-director of the Center for Economic and Policy Research in Washington, D.C.

What the media won't tell you about Eastern Ghouta by Treka

A young Syrian man telling the truth about Syria exposing Western lies. A really nice guy; see how easy going, friendly, and modern he is, just like most young people in the West? But his secular society is surrounded by the some of most evil people on the planet backed by even more of the most evil people on the planet, the criminals that run the US, Europe, and Israel.

And what's so strange is that hardly anyone in in the West knows the truth, or that our media is Orwellian spewing out 100% pure propaganda for a psychopathic, brutal ruling elite who just want money and glory, and that the nice middle class broadcasters and journalists on our TV's are complicit in some of the most evil crimes being done in their name.

Blogger can't find the video, so here's the link. Check it out, highly recommended!

And here's his Facebook page.

Robert Inlakesh - EXPOSED: Eastern Ghouta (Syria) dis-information and other lies...

I thought this is good. I like this guy, it's a shame that more ordinary people don't take an interest because if they did we could stop these wars. 

Robert Inlakesh says that Assad is not bombing his own people as our leaders and the media are saying, and that the video footage that is being shown is of Israel bombing Gaza. 

Robert Inlakesh has been receiving death threats.

This world is far more wicked than I ever realised. I thought there was at least good guys as well as bad guys, and that bad the really guys, like Hitler, only turned up occasionally, but it seems that the good guys are rare. Our leaders, including Theresa May and Boris Jonson, must be psychopaths because no one in their right mind would start WW3 unless they lacked all humanity, love, and compassion. These freaks of nature are in control of our governments.

Richie Allen - "Not A Single MP Had The Guts To Stand Up & Cry Bullshit Over Russia Poisoning Claims!"

Richie Allen, like me, was outraged at the UK Parliament Prime Minister Questions Time where Theresa May and Boris Johnson accused Russia of the Salisbury poisoning. Richie Allen says that the British parliament is full of traitors as 80% of them are Zionists and their allegiance is to Israel, not the British people. This broadcast is only 20 minutes wrong.

This is what I wrote in the comments section.

To see all these lies makes me feel sick. The British public must be stupid to think that if Russia wanted to get rid of a Russian double agent living in Britain they would use a nerve gas that was originally designed in Russia, and then spray two people sitting on a park bench with it just like something out of a James Bond movie, or a spy thriller. So, what's the first thing Theresa May and Boris Johnson do, accuse Russia, of course? So, why would Russian intelligence do such a stupid thing knowing full well they would get the blame, especially when the US has been blaming them for everything else? Well, because they didn't do it, that's why, it's a set up by a Western intelligence agency to blame Russia. 

Ginger Gibson — Large U.S. retailers urge Trump not to hit China with tariffs

“At the same time, we are concerned about the negative impact as you consider remedial actions under Section 301 of the Trade Act could have on America’s working families,” the letter stated. “Applying any additional broad-based tariff as part of a Section 301 action would worsen this inequity and punish American working families with higher prices on household basics like clothing, shoes, electronics, and home goods.”...
Large U.S. retailers urge Trump not to hit China with tariffs
Ginger Gibson

Claire Connelly — Neoliberal v Neoclassical economics – what’s the difference?

Bad title, which the author corrects in the article. Neoliberalism is a political theory rather than an economic theory. Neoclassical economics is an economic theory. The tile contains a category error.
The most important thing to understand is that neoliberalism is a post-war political movement that grew out of the Mont Pelerin Society, a thought collective that formed a consensus not to put the market at the centre of the state, but to take it over completely. Its entire objective is to co-opt economics and subvert the public interest to suit the needs of powerful capitalist institutions and the politicians, economists, financiers, philosophers, bankers, think-tanks and media organisations that support them.
Neoliberalism is associated with laissez-faire economic liberalism and was pioneered by economist Milton Friedman & Friedrich Hayeck, but as the economic historian, Philip Mirowski points out, this is a deliberate deception to trick people into thinking it is concerned about market equilibrium...
Renegade Inc
Neoliberal v Neoclassical economics – what’s the difference?
Claire Connelly | editor-in-chief of Renegade Inc.

Peter Van Buren — Gina Haspel: As If Nuremberg Never Happened

Nothing will say more about who we've become as a nation than if a torturer is allowed to head the CIA.
Sums it up. It's bad now, and her nomination makes it worse. But her confirmation and occupying office would be the icing on the cake.

Kills US soft power. It's a gift to enemies of America, too.

The American Conservative
Gina Haspel: As If Nuremberg Never Happened
Peter Van Buren, 24-year State Department veteran

Ray McGovern — Former CIA Chief Brennan Running Scared

In the crosshairs? Not just Brennan either.
None of the leaking, unmasking, surveillance, or other activities directed against the Trump campaign can be properly understood, if one does not bear in mind that it was considered a sure thing that Secretary Clinton would become President, at which point illegal and extralegal activities undertaken to help her win would garner praise, not prison.
But she lost.
The "perfect crime" that wasn't. Now "the gang that couldn't shoot straight" is running scared.

The lame street media is doing all it can to create the impression that it's Trump that is at fault.
Meanwhile, the Washington Post is dutifully playing its part in the deep-state game of intimidation. The following excerpt from Sunday’s lead article conveys the intended message: “Some Trump allies say they worry he is playing with fire by taunting the FBI. ‘This is open, all-out war. And guess what? The FBI’s going to win,’ said one ally, who spoke on the condition of anonymity to be candid. ‘You can’t fight the FBI. They’re going to torch him.’” [sic]
The Post, incidentally, waited until paragraph 41 of 44 to inform readers that it was the FBI’s own Office of Professional Responsibility and the Inspector General of the Department of Justice that found McCabe guilty, and that the charge was against McCabe, not the FBI. A quite different impression was conveyed by the large headline “Trump escalates attacks on FBI” as well as the first 40 paragraphs of Sunday’s lead article....
Most people don't realize it yet, but the US is in the midst of a constitutional crisis as the result of an attempted soft coup.

Consortium News
Former CIA Chief Brennan Running Scared
Ray McGovern, CIA analyst under seven Presidents and nine CIA directors and is now on the Steering Group of Veteran Intelligence Professionals for Sanity (VIPS)

Ousmène Jacques Mandeng and Piroska Nagy-Mohacsi — Cryptocurrencies challenge the status quo

Cryptocurrencies have been the subject of recent attacks by official sector representatives, and the G20 finance ministers will consider regulatory proposals at their next meeting in Buenos Aires. This column argues that while cryptocurrencies present certain risks, they also represent an important innovation that promises to enhance choice and efficiency in monetary transactions. A proportionate, risk-based regulatory approach is required to accommodate differential attitudes and experiences and to avoid stifling innovation and competition. This implies having an open debate before sweeping regulatory action.... — CEPR's Policy Portal
Cryptocurrencies challenge the status quo
Ousmène Jacques Mandeng, Visiting Fellow, LSE Institute of Global Affairs, and Piroska Nagy-Mohacsi, Programme Director, Institute For Global Affairs, London School of Economics

Washington tax authorities are treating crypto-currencies as properties and not money and this means US investors are starting to receive some unexpected and large tax demands.
"Prosecution futures." (ht Yves Smith)
Money laundering. Tick. Ponzi frauds and market manipulation. Tick. Terrorist financing and drug dealing. Tick. Tax evasion? Yes, that too can now get a tick on the checklist of supposed crypto crimes.

David F. Ruccio — Buyback this!

I have been arguing, since 2016 (e.g., here, here, and here), that one of the likely outcomes of the kind of corporate tax cuts Donald Trump and his fellow Republicans have supported—and, as we saw, eventually rammed through—would be an increase in inequality. That’s because corporations would likely use a portion of their higher profits to engage in stock buybacks, leading to an increase in stock prices. And stock ownership in the United States is already grotesquely unequal. Therefore, the rise in equity prices would disproportionately benefit the small group at the top of the wealth pyramid.
And that’s exactly what is happening. As CNN Money reports, U.S. corporations have showered Wall Street with $214 billion of stock buyback announcements so far this year....
Occasional Links & Commentary
Buyback this!
David F. Ruccio | Professor of Economics, University of Notre Dame

Bill Mitchell — Eurozone policy failures laid bare

On March 13, 2018, the OECD released its latest Economic Outlook with accompanying “Interim projections” as at March 2018) suggesting that the current growth phase will continue through to next year as consumer and business confidence improves and translates in higher investment rates. The OECD, however, forecasts that growth in the Eurozone will decline over the next two years. The major Eurozone nations (France, Germany and Italy) are not witnessing the growing investment expenditure. The Eurozone might be seeing a little sunshine creeping out from the very dark clouds. But it is far from recovered and the future is ominously black. Key cyclical indicators remain at depressed levels, which means that when the next cycle hits, the Eurozone will be in a much worse position than before. And the reason: the fundamentally flawed design of the monetary system with its accompanying austerity bias. The reform required is root-and-branch rather than a prune here and there....
Bill Mitchell – billy blog
Eurozone policy failures laid bare
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia

Sunday, March 18, 2018

The Saker — The outcome of the election in Russia explained in simple, plain, English

Here are the preliminary results with only 76% of the votes counted (but the outcome is already obvious) explained in simple, plain English:
1) Putin easily wins by a landslide and is *more* popular than ever2) The Russian Communists and Zhirinovsky have reached terminal irrelevancy3) Only 2.6% of Russians are pro-USA and generally pro-West (Sobchak+Yavlinsky)4) The entire AngloZionist anti-Putin campaign has miserably failed5) The Empire has two choices left: go to war or fold6) If the Empire choses to to go war it will face a completely united Russia
The Vineyard of the Saker
The outcome of the election in Russia explained in simple, plain, English
The Saker

Speaking at his campaign headquarters, Putin discussed preliminary elections results, in which he leads with a huge margin, and disclosed views on key issues and his plans for the future.
Sputnik International
'We Need a Leap Forward': Putin Adresses Rally Amid Projected Landslide Win

From Soviet comparisons to accusations of authoritarianism, mainstream coverage of Russia’s presidential election has barely changed since 2004, though mentions of the UK spy poisoning scandal did add a fresh layer of insinuation.
Western media continue sounding like Pravda and Izvestia at the time of the Cold War.

‘Dictator’ Putin wins ‘fraud-tainted’ vote: Western media sticks to narrative on Russian election

Sputnik spoke to Vladimir Golstein, an associate professor of Slavic Studies, on challenges facing Russia economically and politically.
Sputnik International
Russians Agree with Putin Foreign Policy, Question Domestic Policy - Expert

The Russian Foreign Ministry spokeswoman says attempts to influence the outcome of the Russian presidential vote were obvious and unprecedented
Diplomat calls West’s attempts to influence presidential election 'obvious'

Greg Palast — 3 Dangers In The Blow-Up Over Cambridge Analytica, Trump’s Computer Gurus

First, this is not a "bad apple" story. The dark art of dynamic psychometric manipulation in politics was not pioneered by Cambridge Analytica for Trump, but by i360 Themis, the operation founded by the Koch brothers.…
The second danger is to forget that the GOP has been using computer power to wipe away voting rights of Black and Hispanic voters for years — by "caging," "Crosscheck," citizenship challenges based on last name (Garcia? Not American!?!) and more — a far more effective use of cyberpower than unconsciously manipulating your behavior through Facebook ads.
The third danger is to overplay the importance of cyberwar techniques in elections. Cambridge Analytica worked for Ted Cruz in the GOP primary AGAINST Trump — and what happened. That Hillary Clinton arrogantly defended NAFTA in Michigan, did not deign to visit Wisconsin once during the campaign, never visited or met with jobless auto workers at a closed plant in Ohio, as Trump did — this had more to do with her loss than computer geeks playing mad scientist in Britain.…
Greg Palast
3 Dangers In The Blow-Up Over Cambridge Analytica, Trump’s Computer Gurus

See also

Zero Hedge
Edward Snowden: Facebook Is A Surveillance Company Rebranded As "Social Media"
Tyler Durden 

Jason Del Ray — Amazon is creating a health care company with the help of Warren Buffett and JPMorgan Chase

Warren Buffett’s Berkshire Hathaway and JPMorgan Chase are working with the e-commerce giant.

ht Brad DeLong at Grasping Reality

See also
The e-commerce giant is muscling its way into a number of businesses that banks have long dominated.
American Banker
How Amazon is shaking up financial services
Keven Wack

Coleen Rowley — McCabe: A War on (or in) the FBI?

Andrew McCabe’s claim that his firing amounts to a “war on the FBI” doesn’t make sense considering it was the FBI’s own internal affairs office that recommended he be fired, as FBI whistleblower Coleen Rowley explains....
About more than just McCabe.
The real problem that most of the mainstream media don’t want to even mention is how unprecedented it was to have both Presidential campaigns under serious criminal investigation in the weeks before the 2016 election! In all fairness, even if these now-fired FBI Directors were trying to do the right thing – which would not be in line with their rather sordid track records – it wouldn’t really be possible to walk that political mine field without a faux pas one way or the other. Seen in that light, it’s possible to even sympathize a little with any FBI Director when the public corruption at the highest levels in Washington DC has become so bad (and fully bipartisan), that it’s hard to know where to start.
Consortium News
McCabe: A War on (or in) the FBI?
Coleen Rowley, retired FBI special agent, division legal counsel and law enforcement ethics instructor who testified in connection with the 9-11 Joint Intelligence Committee’s Inquiry, the Senate Judiciary Committee investigation and Department of Justice Inspector General’s investigation, exposing some of the FBI’s pre-9/11 failures

Todd Gitlin — The youngsters school the college kids: Last week’s gun protests were powerfully effective — older students should take notes

Young people getting up off their butts en masse, taking their eyeballs off their phone, and striking to protest gun violence in schools. 60's redux? Is activism on the rise again after Occupy?

New York Daily News — Opinion
The youngsters school the college kids: Last week’s gun protests were powerfully effective — older students should take notes
Todd Gitlin | professor of journalism and sociology at Columbia University and the author of "Occupy Nation: The Roots, the Spirit and the Promise of Occupy Wall Street."

OAN — China To Appoint Yi Gang As New Central Bank Governor: WSJ

China has selected American-trained economist Yi Gang to become the country’s new central bank governor, the Wall Street Journal (WSJ) reported on Sunday, citing unnamed people with knowledge of the matter.
"American-trained." Oh oh. Hope he is not as clueless as the US Fed and conventional US academics.

Linda Ramsey — The US spends twice as much on healthcare as other developed nations and gets worse outcomes — and the reasons why show what it’s going to take to reform healthcare

  • At the same time, the health outcomes, or how well people fare with their health, aren't any better and are often worse than countries that spend half as much on healthcare as the US does.
  • The study's authors concluded that the main reason the US spends so much has to do with the prices of labor, goods (like pharmaceuticals), and administrative costs — not how often Americans get certain procedures, which was no more than any other country. 
Explains the higher cost but not poorer outcomes.

Business Insider
The US spends twice as much on healthcare as other developed nations and gets worse outcomes — and the reasons why show what it’s going to take to reform healthcare
Lydia Ramsey

John Helmer — The Blood Libel Of The British Government (Sic)

Prime Minister Theresa May committed a blood libel against Russians in the House of Commons last week. This was the allegation that the Russian state and all Russians are murderers.
May has subsequently asked the Foreign Secretary and the Foreign and Commonwealth Office (FCO) to correct the record by charging that only one Russian, President Vladimir Putin, is a murderer.
The Canadian Government was also requested by the British to urgently correct the record May has been making in refusing to allow the international rules of the Chemical Weapons Convention to decide what happened in the poison attack in Salisbury on March 4. 
According to the new Canadian statement, coordinated with the British, the international convention can be suspended by Prime Minister May in order to make her blood libel stick.
If this is reminding you of Adolph Hitler’s blood libel against the Jews, followed by Austrian support after the Anschluss (union) with Germany of 1938, it should.
A blood libel is an allegation of murder against a race of people. Its history is ancient; it’s most familiar today as the charge of ritual murder against Jews. Hitler and the Nazis followed many others over a thousand years of European history....
Russophobia gone mad (sociopathic).

The UK has a long history of this and Winston Churchill was a poster child for it.

Blood libel has indeed a long history and the US has not escaped it in its history either, beginning with Native American, resulting in genocide, and continuing with non-whites to the present. It would not be exaggeration to say that many of the most serious issues that the US faces today result from this sociopathy.

Dances with Bears
The Blood Libel Of The British Government (Sic)
John Helmer

See also

"Last" means "final," not "previous."

Defend Democracy Press
Sergei Glazyev

See also
I met Anastasia Barannikova this last December when I visited the Far Eastern Federal University in Vladivostok, Russia. I was there to participate in discussions with eight of the university’s regional security experts about the situation in Korea, only a few hundred kilometers distant from where we sat. In my notes I circled Anastasia Barannikova’s name. Her colleagues mentioned that she had the best set of contacts with North Koreans.
After I returned to my home in Boston, I contacted Barannikova and was able to arrange an interview. She is Russian, but her perspective should not be equated with that of the Kremlin. Rather it is an assessment from an informed young academic living 9,000 kilometers east of Moscow, active in international non-proliferation circles, and benefiting as a researcher from her hard-won independent relationships with North Koreans as primary sources.
We conducted the interview on February 18, and since then there have been many new and important developments in Korea. Nonetheless, what she has to say remains highly relevant to understanding and assessing the statements of officials and the reporting by the press regarding both diplomacy and war posturing in the coming months....
A Russian Perspective On Korean Denuclearization
Charles Knight, senior fellow at the Center for International Policy interviews Anastasia Barannikova, research fellow and doctoral candidate at the Center for Maritime International Studies, Admiral Nevelskoy Maritime State University, Vladivostok, Russia

See also


Craig Murray Blog
Boris Johnson Attempt to Refute My Sources on Porton Down the Most Hilarious Fail
Craig Murray, formerly British ambassador to Uzbekistan and Rector of the University of Dundee

With the kind of post-imperial arrogance befitting of a nation state that lacks an independent foreign policy, Theresa May demanded that Russia explain the deaths of Mr Skripal and his daughter to her satisfaction. But amid all of the media hyperbole over the last week, what the corporate media omitted to report to the public was the fact that under the terms of the Chemical Weapons Convention (CWC) to which the UK is a signatory, the UK government was obliged to provide Russia with a sample of the nerve agent used, along with all related evidence uncovered in the course of the investigation.…
Suspicions that the UK’s role in the crisis is not that of the honest broker were further heightened after it was revealed that on March 14, the country blocked a Russia-drafted UN Security Council statement calling for an urgent inquiry into the incident....
A significant Middle East ally and regional player is, of course, Israel which has major undeclared stocks of chemical weapons but has refused to ratify the CWC. It is perfectly reasonable under these circumstances to point the finger for the poisoning of Mr Skripal and his daughter at either Mossad, the CIA or M15....
Renegade, Inc.
Is the ‘Novichok’ story the UKs latest WMD scam?
Daniel Margrain

In short, we should be extremely sceptical of this sudden new information that Boris Johnson has produced out of a hat. If the UK was in possession of intelligence about a secret Russian chemical weapons programme, it was not under a legal obligation to tell Andrew Marr, but it was under a legal obligation to tell the OPCW. Not only did the UK fail to do that, the UK Ambassador Sir Geoffrey Adams was last year fulsomely congratulating the OPCW on the completion of the destruction of Russia’s chemical weapons stocks, without a single hint or reservation entered that Russia may have undeclared or secret stocks.
On the Andrew Marr programme, Boris Johnson appeared to say for the first time that the nerve agent in Salisbury was actually made in Russia. But this is a major divergence from the published FCO statement, which very markedly does not say this. Boris Johnson was therefore almost certainly reverting to his reflex lying.…
It does not need me to point out, that if Porton Down had identified the nerve agent as made in Russia, the FCO would not have added that paragraph. Plainly they cannot say it was made in Russia.

The Soviet Chemical Weapons programme was based in Nukus in Uzbekistan. It was the Americans who dismantled and studied it and destroyed and removed the equipment. I visited it as Ambassador to Uzbekistan shortly after they had finished – I recall it as desolate, tiled and very cold, nothing to look at really. The above paragraph seeks to hold the Russians responsible for anything that came out of Nukus, when it was the Americans who actually took it....
Either the UK leadership is lying or violating it's treaty obligation. Take your pick. I would bet on lying given past behavior.

Craig Murray Blog
Boris Johnson Issues Completely New Story on “Russian Novichoks”Craig Murray, formerly British ambassador to Uzbekistan and Rector of the University of Dundee

European Commission President Jean-Claude Juncker had a moment of clarity once. He famously said, “When things get serious, you have to lie.”
Given the state of affairs in his beloved European Union right now Mr. Juncker and company are doing a lot of lying....
Russia Insider
Things Must Be Serious, Everyone’s Lying
Tom Luongo

Brian Romanchuk — Understanding Fiscal Sustainability Debates

I have encountered a number of discussions of fiscal sustainability over the past weeks. In particular, there have been debates between proponents of Modern Monetary Theory (MMT) and mainstream economists. This article does not attempt to settle the debate (although I am in the MMT camp, and obviously biased), rather frame the discussion. One of the problems with the debate is that the sides tend to talk past each other, as they have a quite different theoretical views, and this article explains why....
Bond Economics
Understanding Fiscal Sustainability Debates
Brian Romanchuk

Ian Greenhalgh - Operation Beluga – The Plot to Demonise Putin

This is a really good and is three articles in one. KV

You would have to have been in a coma or otherwise unconscious to not have heard the one about the two poisoned Russians on an English park bench and how those evil Russians did it, the news media has talked of little else in the past week.

Despite giving this story immense amounts of air time, the media have completely failed to apply even the most rudimentary standards of journalism, they have done a shockingly bad job of reporting on this case.

They have utterly failed to do their job and ask the relevant questions such as: Who was this Russian? Why was he poisoned? Who was he associated with? Who might want him dead? Who has he upset? etc; the sort of basic questions that should be asked right at the beginning, the moment the story broke.

Instead, all we have been given, in lieu of actual journalistic reporting, is a bunch of talking heads, many of them members of the UK government, all of them bleating about how reckless and downright murderous the Russians are to have brazenly attacked someone on English soil.
Where is the evidence? Where is the investigative reporting? The media has simply accepted whole and unquestioning the ‘Russia did it’ claim of Theresa May, obediently following the government’s narrative, not once allowing a dissenting voice to be heard lest it asks even the simplest question or expresses even a glimmer of doubt.

What happened to that most proudly held tradition of English law – that one is innocent until proven guilty? Instead of applying that standard of English justice to Vladimir Putin, we have simply accepted he is guilty because Theresa May and Boris Johnson said so.

This is not the first time this has happened, a little over a decade ago, the death of Russian Alexander Litvinenko in London was also blamed on Putin. Litvinenko was not murdered on Putin’s orders, there was never even a single shred of evidence to support that claim; furthermore, there was a mass of evidence to point to a completely different group of people.

However, the British government and media steadfastly ignored all the inconvenient facts and simply blamed Putin, exactly the same as they are today over Sergei Skripal and his daughter.
Litvinenko’s death was most likely accidental, the result of mishandling of the Polonium-210 he was engaged in smuggling. Litvinenko was an ex-FSB officer who, like many of his former comrades, was now in the employ of the Khazarian mafia. He worked for Boris Berezevsky as a mule, transporting nuclear materials back and forth to Israel.

This is made obvious by the places that traces of Polonium-210 were found: on the British Airways planes that flew Litvinenko back and forth to Israel, in Boris Berezovsky’s house, in the offices of businesses owned by Berezovsky…

Were Berezovsky and his Khazarian mafia associates investigated, did the media look into the background to this story? Nope, they simply piled the blame on Putin, regardless of the complete lack of evidence, just as they have done this week in the Skripal case.

There have been a great deal of similar cases of ‘blame Putin’ in recent years, the Litvinenko and Skripal cases are simply the most well known. When so many accusations are aimed at one man and so little evidence is presented to support those accusations, one has to wonder if there is some kind of plot to demonise Putin.

Well, wonder no more for there is clear evidence that such a plot exists in the form of a long-running operation by the intelligence services of the West, primarily the US and Britain, but no doubt aided by the Mossad and others.

In 2014, a highly credible source – a high ranking French security expert by the name of Paul Barril exposed the existence of a plot to demonise Putin and thus destabilise and weaken Russia; it is called Operation Beluga.

This bombshell was reported by one reporter for one online publication and thus went unnoticed, certainly no-one in the mainstream media made any mention of it, lest their ‘Putin did it’ narrative was holed beneath the waterline and sunk with all hands by this bombshell.
You can read the article that exposed the existence of Operation Beluga below; precious little else is known about this operation, but VT is investigating and will report what we learn in the near future.

Ian Greenhalgh - Operation Beluga – The Plot to Demonise Putin