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Janet Yellen's Christmas Gift to Wall Street
Last week we learned that the key to a strong economy is not increased production, lower unemployment, or a sound monetary unit. Rather, economic prosperity depends on the type of language used by the central bank in its monetary policy statements. All it took was one word in the Federal Reserve Bank's press release -- that the Fed would be “patient” in raising interest rates to normal levels -- and stock markets went wild. The S&P 500 and the Dow Jones Industrial Average had their best gains in years, with the Dow gaining nearly 800 points from Wednesday to Friday and the S&P gaining almost 100 points to close within a few points of its all-time high.

21 December 2014read on...

Cold War Spy Games Show the Moral Bankruptcy of the US National Security State
Rolando Sarraff Trujillo, the Cuban government official who was released from prison as part of a spy trade between the US government and Cuba, is being hailed by US officials as a hero. Of course, that’s not the view of the Cuban government, which considers Sarraff a traitor.

20 December 2014read on...

Regime Change in Cuba
Normalization of relations with Cuba is not the result of a diplomatic breakthrough or a change of heart on the part of Washington. Normalization is a result of US corporations seeking profit opportunities in Cuba, such as developing broadband Internet markets in Cuba.

19 December 2014read on...

US Overlooks Russia Sanctions Backlash on Own Economy
While the US pursues the "nuclear" option of a first strike on the Russian economy -- seeking to depress the price of oil while denying Russia access to international financial markets -- the economic backlash of such a move could well be as dangerous for the US economy. Already the US oil industry is feeling the pain of the price drop that many believe is the result of a US/Saudi deal to put the squeeze on the Russian economy. RPI's Daniel McAdams is on RT today to discuss the implications of the new anti-Russia legislation passed in the dead of night after Members had gone home.

18 December 2014read on...

Bombs Away! Obama Signs Lethal Aid to Ukraine Bill
President Obama made good today on his promise to sign the Ukraine Freedom Support Act of 2014, which had passed Congress last week. Dubbed by former Rep. Dennis Kucinich the bill that "reignited the Cold War while no one was looking," the Act imposes new sanctions on the Russian defense and energy industries, authorizes $350 million in lethal military assistance to the US-backed government in Kiev, urges that government to resume its deadly military operations against the Russian-speaking areas of east Ukraine seeking to break away from Kiev's rule, and authorizes millions of dollars to fund increased US government propaganda broadcasts to the countries of the former Soviet Union. Just days before Christmas, this bill is a massive gift to the US defense industry from which Ukraine will be required to purchase its lethal wish list.

18 December 2014read on...

Torture and the Destruction of the Human Being Shaker Aamer by the United States
The Bush and Obama administrations have gone to extraordinary lengths to hide America’s archipelago of secret prisons and systems of torture.

18 December 2014read on...

For Truly Better Relations with Cuba, Open the Door and Get Out of the Way!
President Obama today took a bold and surprising step toward ending the futile 50 year US embargo of Cuba. The president announced he would begin normalizing relations, including upgrading the diplomatic mission in Havana to embassy status. The president also said he was taking steps to increase travel, commerce, and the flow of information between the US and Cuba.

17 December 2014read on...

The Cold War Has Never Ended for the CIA
In the midst of the CIA’s torture scandal, USAID continues its obsessive Cold War activity against Cuba, in a desperate attempt to finally, once and for all, oust the Castro regime from power and install another pro-U.S. dictatorship.

17 December 2014read on...

Three Members of Congress Just Reignited the Cold War While No One Was Looking
Late Thursday night, the House of Representatives unanimously passed a far-reaching Russia sanctions bill, a hydra-headed incubator of poisonous conflict. The second provocative anti-Russian legislation in a week, it further polarizes our relations with Russia, helping to cement a Russia-China alliance against Western hegemony, and undermines long-term America’s financial and physical security by handing the national treasury over to war profiteers.

16 December 2014read on...

BBC US Editor Parrots CIA, Republican Talking Points on Senate Torture Report
The BBC is supposed to be an "impartial", "honest" and "independent" news outlet, but today its US Editor, Jon Sopel, showed very clearly whose side he is on. In a short post, "A whiff of hypocrisy about CIA report?", he regurgitates some staple Republican talking-points and makes arguments eerily similar to those presented by former CIA and Bush officials in their various self-exculpatory media appearances this past week.

16 December 2014read on...

Featured Articles

Washington Opened The Gates Of Hell In Iraq: Now Come The Furies


ISIS

The late, great critic of the American Imperium, Chalmers Johnson, popularized the salient concept of “blowback”. That is, the notion that if you bomb, drone, invade, desecrate and slaughter—collaterally or otherwise— a people and their lands, they might find ways to return the favor.

But even Johnson could not have imagined the kind of blowback coming ferociously Washington’s way now. Namely, the mayhem being visited on much of Iraq by American tanks, armored personnel carriers, heavy artillery, anti-aircraft batteries and other advanced weaponry that has fallen into the hands of the very jihadist radicals that have been the ostensible target of Washington’s entire multi-trillion dollar “war on terrorism”.

No question about it. The ISIS terrorists are winning against the hapless Iraqi military and even the formidable Kurdish peshmerga fighters—using some of the most lethal arms that the US military-industrial complex could concoct.

Yes, that wasn’t supposed to happen. During the bloody years after George W. Bush declared “mission accomplished” the Iraqis were ostensibly provided the arms and training to provide for their own defense. The American “occupation”, therefore, was really not all that. Instead, it was actually an exercise in “nation-building” that would bequeath to the people Washington had “liberated”  a self-governing democracy equipped with the means to insure internal order and external security. Washington politicians—including President Obama—gave endless speeches about that. You can look them up!

Except…except….Iraq was never a nation. At least the Ottomans knew that you don’t put Shiites, Sunni and Kurds in the same parliament or police force, and most certainly not the same army!

By contrast, it was the British and French foreign offices which in 1916 drew the Sykes-Picot boundaries and created the historical illusion that a nation called Iraq actually existed. And it was their successors in the west which installed a series of corrupt and brutal rulers, including kings, generals and Saddam Hussein himself, who maintained an always tentative and frequently blood-soaked semblance of governance within these artificial borders.

Then came the neo-cons who for no discernible reason of national security could not leave well enough alone. By god, they were going to have regime change, a stable supplier of six million barrels of oil per day, and a stalwart ally armed to the teeth on the very doorstep of the Axis-Of-Evil; that is, the Iranian Shiite theocracy which happened to be religious kin to the single largest block of the Iraqi population.

What these fools did was to open the gates of hell. The end result of Washington’s 20-year campaign to liberate Iraq, beginning with the first gulf war and followed by the devastating trade sanctions of the 1990s and the brutal desecrations of Bush II’s “shock and awe” and all the military mayhem which followed, was to aggravate, widen and mobilize all of the latent ethnic and religious conflicts and enmities that had been bottled up for decades inside the Sykes-Picot illusion.

Now the furies have come. Ironically, the bloodthirsty ISIS is comprised of fighters who were first enabled by the misbegotten Bush maneuver known as the “surge”; then armed and trained by the CIA for the campaign against Assad;  and now brandish the best weapons that any ramshackle jihadist group ever had.

And yet America’s “peace” President is sending the bombers back in because there is a “humanitarian crisis” involving a religious sect no American has ever heard of, stranded on a mountain top that has nothing to do with the security and safety of the citizens of Lincoln NE and Spokane WA.

Has not the American war machine turned the entirety of Mesopotamia and the Levant into a humanitarian crisis—of which this is only a tiny manifestation? Isn’t it time to at least stop fueling the blowback?

Reprinted with permission from David Stockman's Corner.
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