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The Rise of the 'Petro-yuan' and the Slow Erosion of Dollar Hegemony For seventy years, one of the critical foundations of American power has been the dollar’s standing as the world’s most important currency. For the last forty years, a pillar of dollar primacy has been the greenback’s dominant role in international energy markets. Today, China is leveraging its rise as an economic power, and as the most important incremental market for hydrocarbon exporters in the Persian Gulf and the former Soviet Union to circumscribe dollar dominance in global energy—with potentially profound ramifications for America’s strategic position.

31 July 2014read on...

New Post
MEMORANDUM FOR: The President

FROM: Veteran Intelligence Professionals for Sanity (VIPS)

SUBJECT: Intelligence on Shoot-Down of Malaysian Plane

31 July 2014read on...

Stop! Thief! Stop! — The Looting of Ukraine
Kiev’s hastily assembled, post-coup coalitions couldn’t hold, and Ukrainian PM Arseniy Yatsenyuk threw in the towel last Thursday. On his way out, news stories said, the PM expressed his “disappointment with Ukrainian parliament’s decision to reject a bill that allows the government to hand over up to 49 percent of the country’s gas transport system to investors from the European Union and the United States.”

30 July 2014read on...

On Dominoes, WMDs And Putin’s 'Aggression': Imperial Washington Is Intoxicated By Another Big Lie
Imperial Washington is truly running amuck in its insensible confrontation with Vladimir Putin. The round of new sanctions is a counter-productive joke. Apparently, more of Vlad’s posse will be put on double probation, thereby reducing demand for Harry Macklowe’s swell new $60 million apartment units on Park Avenue. Likewise, American exporters of high tech oilfield equipment will be shot in the foot with an embargo; and debt-saturated Russian state companies will be denied the opportunity to bury themselves even deeper in dollar debt by borrowing on the New York bond market. Some real wet noodles, these!

29 July 2014read on...

In Foreign Affairs, Not Doing Anything Is The Thing To Do
The heartbreaking violence in the Middle East, Ukraine, and elsewhere carries many messages, but here’s one Americans shouldn’t miss: The United States — no matter who the president is — cannot manage world conflict. The corollary is that when a president tries to manage it, things will usually get worse. Foresight is always defective, and tragic unintended consequences will prevail.

29 July 2014read on...

The Absurd, Bureaucratic Hell That Is the American Police State
Whether it’s the working mother arrested for letting her 9-year-old play unsupervised at a playground, the teenager forced to have his genitals photographed by police, the underage burglar sentenced to 23 years for shooting a retired police dog, or the 43-year-old man who died of a heart attack after being put in a chokehold by NYPD officers allegedly over the sale of untaxed cigarettes, the theater of the absurd that passes for life in the American police state grows more tragic and incomprehensible by the day.

28 July 2014read on...

End Torture, Shut Down the CIA!
Remember back in April, 2007, when then-CIA director George Tenet appeared on 60 Minutes, angrily telling the program host, “we don’t torture people”? Remember a few months later, in October, President George W. Bush saying, “this government does not torture people”? We knew then it was not true because we had already seen the photos of Iraqis tortured at Abu Ghraib prison four years earlier.

27 July 2014read on...

Israel's 155mm Cure For ‘Terrorism’ In 1956, Britain and France were convinced that Egypt’s charismatic nationalist leader, Gamal Abdel Nasser, was threatening what was left of their Mideast and African colonial empires. London branded Nasser, “Hitler on the Nile.”

27 July 2014read on...

Another 'Saigon': US Evacuates From Libya
One month ago today, President Obama was congratulating Libya on a "milestone" election -- even though the disintegration of the country after the 2011 US invasion was ongoing.

26 July 2014read on...

What Does the U.S. Support When It Supports Israel?
According to the Congressional Budget Office, “Israel is the largest cumulative recipient of U.S. foreign assistance since World War II. To date, the United States has provided Israel $121 billion (current, or non-inflation-adjusted, dollars) in bilateral assistance. Almost all U.S. bilateral aid to Israel is in the form of military assistance, although in the past Israel also received significant economic assistance.”

26 July 2014read on...

Featured Articles

The VA Scandal is Just the Tip of the Military Abuse Iceberg


Ronpaul Tstbutton

President Obama held a press conference last week to express his outrage over reports that the Veterans Administration was routinely delaying treatment to veterans, with some veterans even dying while on alleged secret waiting lists. The president said that, “if these allegations prove to be true, it is dishonorable, it is disgraceful, and I will not tolerate it, period.” He vowed that, together with Congress, he would “make sure we're doing right by our veterans across the board.”

The president is right to be upset over the mistreatment of US military veterans, especially those who return home with so many physical and mental injuries.  Veterans should not be abused when they seek the treatment promised them when they enlisted. But his outrage over military abuse is selective. He ignores the most egregious abuse of the US armed forces: sending them off to fight, become maimed, and die in endless conflicts overseas that have no connection to US national security.

It is ironic that the same week the president condemned the alleged mistreatment of veterans by the VA, he announced that he was sending 80 armed troops to Chad to help look for a group of girls kidnapped by the Nigerian Islamist organization Boko Haram. Is there any mistreatment worse than sending the US military into a violent and unstable part of the world to conduct a search operation that is in no way connected to the defense of the United States?

As Judge Andrew Napolitano said last week, “Feeling sorry for somebody is not a sufficient basis for sending American men and women into harm’s way.”

We are naturally upset over reports that Nigerian girls have been kidnapped by this armed Islamist organization. Unfortunately, cruel and unjust acts are committed worldwide on a regular basis. What the media is not reporting about this terrible situation, however, is that it was US interventionism itself that strengthened Boko Haram, and inadvertently may have even helped the kidnappers commit their crime.

Back in early 2012, just months after the US-led attack on Libya overthrew Gaddafi and plunged the country into chaos, the UN issued a report warning about the proliferation of weapons from that bombed out country. UN investigators found -- eight months before the attack that killed the US ambassador in Benghazi -- that, "Some of the weapons ... could be sold to terrorist groups like al Qaeda in the Islamic Maghreb, Boko Haram or other criminal organizations."

The US, NATO, and the UN are guilty of creating the unrest currently engulfing much of northern Africa, as they all pushed lies to promote an attack on Libya that destabilized the region. Now the president is launching an intervention in Chad and Nigeria to solve the problems created by his own intervention in Libya. This pattern is the same in places like Ukraine, where the US-backed coup in February has led to chaos and unrest that leads to even more intervention, including NATO’s saber-rattling on the Russian border. Has anyone in the Administration or Congress ever considered that interventionism itself might be the real problem?

As Americans celebrate the Memorial Day holiday, we should remember that though the VA’s alleged abuse and neglect of US veterans is scandalous, the worse abuse comes from a president and a compliant Congress that send the US military to cause harm and be harmed overseas in undeclared, unnecessary, and illegal interventions. The best way to honor the US military is to honor the Constitution, and to keep in mind the wise advice of our Founding Fathers to avoid all foreign interventionism.
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