Soros suggests conflict to settle scores with Russia

George Soros warned the European Union on Tuesday in Düsseldorf to unite against Russia or face dissolution.

Soros, one of the world’s richest men and a tireless critic of Russia, warned that the European Union could dissolve and unravel if the 28-countries do not find a common response against Russia.

Speaking on Tuesday in Düsseldorf at a dinner sponsored by Handelsblatt, Mr. Soros, an 84-year-old Hungarian-American who survived the Holocaust said the future of the EU hangs in the balance.

The sanctions have hurt Russian and European trade, and have led to a slowdown of economic growth on the Continent. In Germany, some business and political leaders are now calling on political leaders to abandon the folly based on a complete lack of evidence of Russia’s involvement in the MH17 Malaysian air disaster in Ukraine.

The call is growing ever louder for taking up dialogue with Russia instead.

In a new book released this month, the former German chancellor, Helmut Kohl, who oversaw his country’s reunification 25 years ago and negotiated the withdrawal of Russian forces, takes aim at Ms. Merkel and European leaders for policies he said are isolating Russia.

In an interview with Gabor Steingart, the Handelsblatt publisher and the son of a Hungarian emigrant to Germany, Soros however urged Europeans to “stop” Russia’s “expansion by force”.

Russia has not used force nor has it occupied any foreign country recently, but Mr. Soros seemed undeterred by facts. He described the current status of Crimea decided at the polling booths, as an example of Russia “reasserting its military hegemony”.

NATO, rather – with the help of the US – has been training special forces to attack the Russian minority in the eastern part of Ukraine in a concerted ethnic cleansing campaign to support a US-sponsored colour revolution.

The son of Jewish parents in Budapest, Mr. Soros survived the Nazi occupation and left the Hungarian capital and Soviet control in 1947 as a 17-year-old for Britain, where he attended the London School of Economics before emigrating to the United States.

Western economic sanctions against Russia, which are limiting the ability of Russian businesses to obtain financing on the global market, are a necessary evil, Mr. Soros said. He lauded the German chancellor, Angela Merkel, for supporting EU penalties.

“I think Angela Merkel has proven herself to be a true European stateswoman in recognizing the danger that Putin represents,” Mr. Soros said.

Oligarchs, vastly underrepresenting Russian Orthodox citizens, are also unhappy with the Kremlin’s scrutiny and sending their families abroad and preparing for their own exits, he said.

Mr. Soros suggested that Europe needed to resort to violence to settle scores with Russia.

 

American financial markets bear no relationship to reality

By Paul Craig Roberts and Dave Kranzler

As we have demonstrated in previous articles, the bullion banks (primarily JP Morgan, HSBC, ScotiaMocatta, Barclays, UBS, and Deutsche Bank), most likely acting as agents for the Federal Reserve, have been systematically forcing down the price of gold since September 2011. Suppression of the gold price protects the US dollar against the extraordinary explosion in the growth of dollars and dollar-denominated debt.

It is possible to suppress the price of gold despite rising demand, because the price is not determined in the physical market in which gold is actually purchased and carried away. Instead, the price of gold is determined in a speculative futures market in which bets are placed on the direction of the gold price. Practically all of the bets made in the futures market are settled in cash, not in gold. Cash settlement of the contracts serves to remove price determination from the physical market.

Cash settlement makes it possible for enormous amounts of uncovered or “naked” futures contracts — paper gold — to be printed and dumped all at once for sale in the futures market at times when trading is thin. By increasing the supply of paper gold, the enormous sales drive down the futures price, and it is the futures price that determines the price at which physical quantities of bullion can be purchased.

The fact that the price of gold is determined in a paper market, in which there is no limit to the supply of paper contracts that can be created, produces the strange result that the demand for physical bullion is at an all time high, outstripping world production, but the price continues to fall! Asian demand is heavy, especially from China, and silver and gold eagles are flying off the shelves of the US Mint in record quantities. Bullion stocks are being depleted; yet the prices of gold and silver fall day after day.

The only way that this makes sense is that the price of bullion is not determined in a real market, but in a rigged paper market in which there is no limit to the ability to print paper gold.

The Chinese, Russians, and Indians are delighted that the corrupt American authorities make it possible for them to purchase ever larger quantities of gold at ever lower prices. The rigged market is perfectly acceptable to purchasers of bullion, just as it is to US authorities who are committed to protecting the dollar from a rising price of gold.

Nevertheless, an honest person would think that the incompatibility of high demand with constrained supply and falling price would arouse the interest of economists, the financial media, financial authorities, and congressional committees.

Where are the class action suits from gold mining companies against the Federal Reserve, its bullion bank agents, and all who are harming the interest of the mining companies by short-selling gold with uncovered contracts? Rigged markets–especially on the basis of inside information–are illegal and highly unethical. The naked short-selling is causing damage to mining interests. Once the price of gold is driven below $1200 per ounce, many mines become uneconomical. They shut down. Miners are unemployed. Shareholders lose money. How can such an obviously rigged and manipulated price be permitted to continue? The answer is that the US political and financial system is engulfed with corruption and criminality. The Federal Reserve’s policy of rigging bond and gold prices and providing liquidity for stock market speculation has damaged the US economy and tens of millions of US citizens in order to protect four mega-banks from their mistakes and crimes. This private use of public policy is unprecedented in history. Those responsible should be arrested and put on trial and they should simultaneously be sued for damages.

US authorities use the Plunge Protection Team, the Exchange Stabilization Fund, currency swaps, Federal Reserve policy, and purchases of S&P futures to support an artificial exchange value of the dollar and to provide the liquidity needed to support stock and bond prices, with the latter so artificially high that savers receive negative real interest rates on their saving.

The authorities have created a financial system totally out of sync with reality. When the authorities can no longer keep the house of cards standing, the collapse will be extreme.

It is a testament to the complicity of economists, the incompetence of financial media, and the corruption of public authorities and private institutions that this house of cards was constructed. The executives of the handful of mega-banks that caused the problem are the people who are running the US Treasury, the New York Fed, and the US financial regulatory agencies. They are using their control over public policy to protect themselves and their institutions from their own reckless behavior. The price for this protection is being paid by the economy and ordinary Americans – and that price is rising.

The latest orchestrated takedown of the gold price is related to two events (see the graphs below). One is that the Federal Reserve decided to boost the upward spike in the dollar’s exchange rate from the Fed’s announcement of the end of Quantitative Easing (QE). The Fed’s announcement of the end of dollar creation in order to support bond prices lessened the rising anxiety in the world about the US dollar’s value when the supply of new dollars continued to increase faster than the US output of goods and services. The Fed reinforced the boost that its announcement gave to the dollar by having its bullion bank agents drive down the gold price with naked short-selling.

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Naked short selling was also used to offset the effect on the gold price by the Bank of Japan’s surprise announcement on October 31 of a massive new program of QE. Apparently, the Bank of Japan either has been pressured by Washington to inflate Japan’s currency in order to support the dollar’s value or is applying a policy based on the Keynesian Phillips Curve that 2-3% inflation stimulates economic growth. Japan has been in the economic doldrums for a long time and is now reduced to pre-Reagan “snake oil” prescriptions in a desperate attempt to revive its economy.

Japan’s announcement of infinite money creation should have caused the price of gold to rise. To prevent a rise, at 3:00 AM US Eastern Time, during one of the least active trading periods for gold futures, the electronic futures market (Globex) was hit with a sale of 25 tonnes of uncovered Comex paper gold contracts, which dropped the gold price $20 dollars. No legitimate seller would destroy his own capital by selling a position in this way.

The gold price stabilized and moved higher, but at 8 AM US Eastern Time, and 20 minutes prior to the opening of the New York futures market (Comex), another 38 tonnes of uncovered paper gold futures were sold. The only possible purpose of such a sale is to drive down the price of gold. Again, no legitimate investor would unload a huge amount of his holdings in this way, thereby wiping out his own wealth.

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Allegedly, the United States is the home of scientific economics with the predominance of winners of the Nobel Prize in economics. Despite these high qualifications, the price of gold, silver, equities, and bonds that are set in the US bear no relationship to economic reality, and American economists do not notice.

The divergence of markets from economic reality disturbs neither public policymakers nor economists, who promote the interests of the government and its allied interest groups. The result is an economy that is a house of cards.

For additional reading see: http://investmentresearchdynamics.com/the-system-is-terminally-broken/

Dr. Paul Craig Roberts was Assistant Secretary of the Treasury for Economic Policy and associate editor of the Wall Street Journal. He was columnist for Business Week, Scripps Howard News Service, and Creators Syndicate. He has had many university appointments. His internet columns have attracted a worldwide following. Roberts’ latest books are The Failure of Laissez Faire Capitalism and Economic Dissolution of the West and How America Was Lost.

Petrodollars quit world markets for first time in 18 years

Energy-exporting countries are set to pull their “petrodollars” out of world markets this year for the first time in almost two decades, according to a study by BNP Paribas.

Driven by this year’s drop in oil prices, the shift is likely to cause global market liquidity to fall, the study showed.

Brent crude futures have fallen 23 percent this year, with 2014 promising to be only the second year since 2002 that crude prices will end the year lower than they began it.

This decline follows years of windfalls for oil exporters such as Russia, Angola, Saudi Arabia and Nigeria. Much of that money found its way into financial markets, helping to boost asset prices and keep the cost of borrowing down, through so-called petrodollar recycling.

This year, however, the oil producers will effectively import capital amounting to $7.6 billion. By comparison, they exported $60 billion in 2013 and $248 billion in 2012, according to BNP Paribas calculations.

Petrodollar recycling peaked at $511 billion in 2006, BNP said.

“At its peak, about $500 billion a year was being recycled back into financial markets. This will be the first year in a long time that energy exporters will be sucking capital out,” said David Spegel, global head of emerging market sovereign and corporate Research at BNP.

In other words, oil exporters are now pulling liquidity out of financial markets rather than putting money in. That could result in higher borrowing costs for governments, companies, and ultimately, consumers as money becomes scarcer.

Spegel acknowledged that the net withdrawal was small. But he added: “What is interesting is they are draining rather than providing capital that is moving global liquidity. If oil prices fall further in coming years, energy producers will need more capital even if just to repay bonds.”

The reversal is largely down to Russia and the rest of the ex-Soviet Union, which BNP estimates have withdrawn $57 billion from world markets.

Russian companies have been shut out of global markets since Western countries imposed sanctions because of the conflict in Ukraine. Those companies are increasingly forced to rely on their own cash reserves or central bank funding to meet external debt repayments.

America promises endless war

Surprisingly, despite the apparent failure of Iraq and Afghanistan and “strong fiscal constraints,” Washington is still expanding its war plans

The US should get ready for a new era of endless wars, stated Pentagon’s chief Chuck Hagel, noting that “tyranny,” “terrorism,” national security challenges and climate change pose a substantial threat to the US and its allies.

Although the Pentagon’s chief urges to prepare for an endless war, the question remains open if ordinary Americans will support the new doctrine.

More than half of American respondents said that the US had not achieved its goals in both Iraq and Afghanistan, expressing their discontent with US foreign policy, according to the Pew Research poll conducted in the beginning of the 2014. Although 57 percent of US citizens approved the US campaign against Islamic State according to the October poll, 55 percent strongly oppose sending US ground troops to Iraq and Syria.

“I think we are living through one of these historic, defining times. We are seeing a new world order—post-World War II, post-Soviet Union implosion—being built. There are many questions, foremost among the American people: What’s the role of America in this new world that is evolving? Should we have a role? What is appropriate?” said Chuck Hagel, as cited by the Atlantic.

The US Secretary of Defense claims that as the global leader, the US will “continue to grapple with overseas threat for the foreseeable future,” containing international terrorism and tyrannical regimes. “Hagel didn’t seem especially sanguine that it would end anytime soon. In other words: Get used to endless war,” stressed the Atlantic, characterizing the Pentagon’s new doctrine.

Remarkably, practically none of the previous US overseas military campaigns has proved effective. “US soldiers have been laboring under sad paradox: even though the United States enjoys unprecedented global military dominance that should cow enemies mightily, it has found itself in constant combat for longer than ever before in its history, and without much to show for it,” writes Richard K. Betts, the Arnold Saltzman Professor of War and Peace Studies in the Department of Political Science, in his article “Ending America’s Era of Permanent War” published in Foreign Affairs. The professor points out that of the US military actions in Kosovo, Afghanistan, Iraq, and Libya, “only the first can be counted a success.”

Surprisingly, despite the apparent failure of the US military campaigns in Iraq and Afghanistan and “strong fiscal constraints,” Washington is still expanding its war plans. According to the expert, the White House should not cut back its overseas military operations, but prepare for “more action.”

“Frightening challenges in three critical regions are demanding yet more action: Islamic extremists have seized large swaths of territory in Iraq and Syria, Russia has intervened in Ukraine, and China is flexing its muscles in East Asia,” stressed Richard K. Betts.

The idea of the US “moral obligation” to meddle into domestic affairs of other countries in order “to set them right” is a “mythological concept,” aimed at justification of American interventionism, contended Justin Raimondo, the editorial director of Antiwar.com and a senior fellow at the Randolph Bourne Institute.

“The idea that the United States must exercise “global leadership” is rationalized by our interventionists as a necessary prerequisite for maintaining some type of “world order,” Mr. Raimondo underscores in his article “Putin’s Complaint: Is Washington a Revisionist Power?”
However, the Pentagon’s “endless war,” cannot last forever, as it is the American taxpayers who pay for the extortionately expensive military operations. For instance, the Afghanistan campaign cost the US “roughly $45 billion a year from 2001 to 2013,” while Iraq cost “about $100 billion a year from 2003 to 2011,” Kenneth M. Pollack, a Senior Fellow at the Brooking Institution and former CIA analyst, noted in his article “An Army to Defeat Assad.”

It should be also noted that the December poll in 2013 carried out by the Pew Research indicated that 52 percent thought the United States “should mind its own business internationally and let other countries get along the best they can on their own.” The researchers underscore that the tendency demonstrated by the poll reflects a gradual and longstanding decline. According to the October 2014 poll, most Americans consider inequality more dangerous than nuclear weapons, or sectarian religious threats.

 

White House hit by sustained cyber attack

White House technicians recently detected suspicious activity on a computer network at the US presidential mansion, and have taken steps to resolve the issue, an official said Tuesday.

The White House – or the Executive Office of the President (EOP) – is routinely struck with cyber attacks, but the one revealed Tuesday had a more significant duration, affecting the system’s functionality for nearly two weeks.

“In the course of assessing recent threats, we identified activity of concern on the unclassified EOP network,” the official said.

“Any such activity is something we take very seriously. In this case, we took immediate measures to evaluate and mitigate the activity.”

In the course of addressing the suspicious cyber activity, some White House users were temporarily disconnected from the network.

“Our computers and systems have not been damaged, though some elements of the unclassified network have been affected. The temporary outages and loss of connectivity for our users is solely the result of measures we have taken to defend our networks,” the official said.

Immigrants, Muslims and pregnant teens seen as threats

Americans, Italians and the French clearly see immigrants, Muslims and pregnant teens as threats.

They vastly overestimate the proportion of the population that are immigrants or Muslims and they have no idea what percentage of teenage girls get pregnant.

Swedes and Germans do best, although even they consistently get things wrong, according to a survey of 14 industrialized countries released on Wednesday.

The analysis by market research organization Ipsos MORI shows how far perceptions stray from reality across a range of issues as people struggle to get a precise handle on aspects of society that are seen as risks or worries.

Levels of immigration — a hot-button topic in many developed countries — are overestimated everywhere but the United States veers further from reality than most, with an average guess that 32 percent of the population are immigrants when the reality is 13 percent.

Italy fares even worse, with an average guess of 30 percent against a real figure of only seven percent.

Italians are also spectacularly bad at estimating the number of old people in the country, believing that 48 percent are over 65 years old. In reality, oldies make up only a fifth of the population.

Teenage pregnancy, an problem in mainly black neighborhoods, is another issue where people everywhere get it badly wrong.

Americans think 24 percent of girls aged 15 to 19 give birth each year, when the real figure is just 3 percent, and even the sensible Swedes are badly out, believing the annual teenage pregnancy rate is 8 percent compared to the actual 0.7 percent.

The current Ebola outbreak was not covered in the survey, which was conducted in August among more than 11,000 people across the 14 countries.

People hugely overestimate the proportion of Muslims living in their country, with the French putting the figure at 31 percent, when the real figure is 8 percent. The British guess at 21 percent (real figure 5 percent) and Americans estimate 15 percent (real figure 1 percent).

Even in countries such as Hungary, Poland, South Korea and Japan, where fewer than one percent of the population is Muslim, people put the figure at four to seven percent.

By contrast, majority-Christian countries tend to underestimate how many people count themselves as Christian.

 

Washington is defaming Putin

The issue of manipulation of news by intelligence services has been in the news recently with revelations that the CIA and German Secret Service (GSS) have long-running programs to influence how media executives and top journalists convey and interpret the news, including direct cash payments.

Here is a translation of Putin’s address at Valdai.

At the Valdai International Discussion Club meeting in Sochi, Russia’s President Putin correctly and justifiably denounced Washington for destabilizing the world in order to serve its own narrow and selfish interest and the interests of the private interest groups that control Washington at the expense of the rest of the world. It is about time a world leader denounced the thuggish neocon regime in Washington. Putin described Washington’s double standards with the Roman phrase: “What is allowed for God [the US] is not allowed for cattle [the rest of the world].”

RT reports on Putin’s address here.

RIA Novotsi reports here.

Curiously, the Russian media has not, at this time of writing, produced an English translation of Putin’s full remarks. Perhaps the Russian media do not realize the importance of Putin’s words. Too much of the Russian media is owned by foreign interests who use the access to Russian readers to attack and discredit the Russian government. It is amazing that the Russian government allows Washington’s propaganda within its own ranks. Perhaps Moscow accepts Washington’s propaganda among Russians in order to protect the broadcasts in the US of RT, RIA, and Voice of Russia. But the balance is uneven. The Russian broadcasts in the West report otherwise unreported news; they do not defame America.

See also:

Putin: world leaders blackmailed.

Putin: US escalates worldwide conflict.

German MP: sanctions without proof.

I did not see any reporting of Putin’s address in the US print and TV media. Clearly in the US there is an absence of public discussion of US foreign policy and foreign reaction to it. A country in which propaganda and silence rule out awareness and public discussion is not a democracy regardless of what it calls itself.

Washington long ago learned the dark art of silencing truth with defamation. Washington used defamation to overthrow Iran’s elected leader, Mossadegh in 1953, to overthrow Congo’s prime minister Patrice Lumumba in 1960, to overthrow Guatemala’s President Arbenz in 1954, to overthrow Venezuela’s President Hugo Chevez in 2002, a coup that was cancelled by the Venezuelan people and military who threw out Washington’s stooge replacement and reinstalled Chavez, to overthrow Ukraine’s elected President Yanukovych in 2013, to overthrow Honduras President Manuel Zelaya in 2009 , to overthrow in 2013 Mohamed Morsi, president of the first democratically elected government in Egypt’s history, to overthrow Gaddafi in Libya, Saddam Hussein in Iraq, in ongoing efforts to overthrow Assad in Syria and the government of Iran, and in failed attempts to overthrow Indonesia’s Sukarno, Ho Chi Minh in Vietnam, and Castro in Cuba.

Today Washington’s target is Vladimir Putin. This is the height of folly and hubris. Putin’s public support far exceeds that of any American president in history. Currently, the level of public support for the Obama regime and the US Congress is far too low to be compatible with a functioning democracy. If the US is actually a democracy, it is the most dysfunctional democracy in world history. Practically no one, except the powerful private interest groups who own Washington, supports the US government. Everyone else despises Washington.

As the result of 13 years of murderous destruction of life and property in the Middle East and Africa, a dysfunctional and collapsing US economy, and a display of unrivaled arrogance, Washington has destroyed America’s soft power. Abroad only the deluded few and those paid by US-financed NGOs still have a good opinion of the United States.

In all world polls, the US ranks as the greatest threat to world peace. Washington has made our country a despised nation, and we the people have done nothing about it.

You would never know this from the US print or TV media or even from most of the UK and Western European media. As I reported on October 16, Udo Ulfkotte, a former editor of one of Germany’s most important newspapers, the Frankfurter Allgemeine Zeitung, has written a best-selling book in which he reports that the CIA owns everyone of significance in the major European media. In his own words Udo Ulfkotte says that he was “taught to lie, to betray and not to tell the truth to the public.”

As a former Wall Street Journal editor, Business Week columnist, columnist for the Scripps Howard News Service, columnist for a German magazine and French and Italian newspapers, I observed and experienced the gradual impoundment of any dissent from Washington’s line. It became clear that the path to journalism success in the West was to lie for the Establishment in Washington, largely a private establishment along with the dark off-budget “security” agencies bolstered by the neoconservative ideology of US world hegemony.

Much of Russian media and Putin’s advisors are fully aware of Washington’s media campaign to defame President Vladimir Putin.  The internet site Russia Insider today asked the pertinent question: “Is the CIA Running a Defamation Campaign Against Putin?” As Russia Insider makes clear, the answer is most certainly.

Click the URL above and view the front pages of the UK Sun, Daily Mirror, and Daily Express. I would bet that these are front pages designed in Washington or Langley and are in fact paid ads by the CIA or National Endowment for Democracy or by one of the Republican or Democrat organizations that sponsor Washington’s overseas propaganda.

Of course, these UK rags can be dismissed as sensational junk comparable to the US versions that are for sale at grocery store checkout counters–”movie star abducted by aliens in UFO.” So scroll down the page of the above URL and look at the covers of Newsweek and The Economist. Once these were respected publications. Today I would bet that no one reads them and that they are dependent on CIA subsidies for their existance. Nevertheless, they impact the European, Canadian, Australian, and Japanese media and no doubt the media of other countries on the borders of the US empire. A number of gullible fools still think that America has a free press.

Be sure to notice this section of the report from Russia Insider:

“The issue of manipulation of news by intelligence services has been in the news recently with revelations that the CIA and German Secret Service (GSS) have long-running programs to influence how media executives and top journalists convey and interpret the news, including direct cash payments.

“Here are some examples they point to:

Portraying him [Putin] as a scheming dictator trying to rebuild a repressive empire.
Claiming he personally ordered the murder of a number of journalists, and personally ordered a KGB defector to be murdered with radiation poisoning.
Frequently citing unsubstantiated rumors he is having an affair with a famous gymnast.
Allegations that he has stashed away billions for his personal benefit, without providing evidence.
Recent article in newsweek claiming he leads a luxurious and lazy lifestyle, sleeping late.
Recent article in NYT focusing on a supposed personal arrogance.
Hillary Clinton mentioning in speech after speech that he is a bad guy, a bully, that one must confront him forcefully.
Frequently using pejoratives to describe his person – “a jerk and a thug” (Thomas Friedman this week in the NYT)
Mis-quoting him on his regret about the collapse of the Soviet Union.
Articles about a supposed super-luxury villa built for him in southern Russia.
The over-the top headlines in the western media (they were worst of all in Germany) portraying him personally responsible for murdering the victims of MH17.
And soft stuff – magazine covers making him look sinister, monstrous, etc.”

Be sure to read the interview with Saker, which is at the bottom of the article:

Every day readers ask me what they as individuals can do. Some possibly are government trolls who hope I will answer “overthrow the government” so that I can be arrested as a terrorist. My answer to the question is that people are powerless until enough of them are informed. If people become informed and will take a stand, then the people can force the government back under their control. If this does not or cannot happen, democracy in America is dead, and our life as a free people protected by the Constitution and law against the power of the state is finished.

Possibly America is already finished and will now finish the rest of the world in its insane neoconservative drive to establish Washington’s hegemony over the entire world. Russia and China are not going to submit to being Washington’s vassals and India had enough of being a colony under Great Britain. If the crazed hegemons in Washington persist, nuclear war will be the outcome.

Black boys attacked at NY school and called ‘Ebola’

A group that advocates for Africans in the Bronx is calling for action after it says two brothers who had recently immigrated to the borough from Senegal were beaten and badly injured by several people who called them “Ebola” in school.

The 11- and 13-year-old boys, in sixth and eighth grade, respectively, were attacked Friday afternoon at I.S. 318 in Tremont, according to the African Advisory Council. Their father, Ousame Drame, said they were pummeled by other students in the schoolyard during lunch after enduring weeks of taunts.

The boys, who have been in the U.S. for about a month, were taken to the hospital after the attack.

Drame said his sons have been cruelly harassed for two weeks over Ebola. Days after news broke that the deadly disease was in the United States, he said students, whispering the word, “Ebola,” told other students not to talk to the boys. They were treated like cancers, he said.

“If they go to the gym they don’t want them touching the ball – ‘Oh, you have Ebola, don’t play with us,'” Drame said.

Though the children were raised in Senegal, they were born in America — and have every right to be here, their father said.

But Drame didn’t blame the students.

“They don’t know nothing. They’re babies,” he said.

Instead, Drame insisted the school system wasn’t doing enough to protect his children and others like them. He called on politicians and educators to spread awareness about the disease — and to step in when necessary.

Calling the attack “unacceptable,” advocates say it is just the latest incidence of disrespect and bullying of Africans since the outbreak of Ebola in West Africa.

“Where was the school administrators, where was the school staff when all of this was happening?” asked Charles Cooper of the African Advisory Council as he demanded more action.

Drame said his sons will return to school, but he wants confirmation they’ll be safe — physically and emotionally.

The Department of Education says it’s aware of the complaint and that it dispatched additional security to the boys’ school. The agency said it would instruct teachers and principals to be on high alert for any potential instances of bullying or discrimination. It also said it would send information to parents to help them better understand the issue and dispel any misconceptions their children might have.

“We will not tolerate intimidation or bullying of our students, especially in this moment when New Yorkers need to come together,” Schools Chancellor Carmen Farina said in a statement.

Senegal is one of several West African countries where Ebola cases have been reported, but there have been no new cases in that country since late August, according to the CDC. The World Health Organization has declared the country “Ebola-free.”

Cases continue to be reported in Guinea, Liberia and Sierra Leone. A few health care workers and travelers coming from those countries have also been diagnosed with the disease in other countries, including one person in New York City.

Source: nbcnewyork.com

Mercenaries aid interventionist US policies

Mercenaries are part of a lucrative cycle between corporations profiting from conflict and those in Washington who favor American power and intervention.

The United States uses private defense contractors to serve military first expansionist policies, former marine captain and State Department officer Matthew Hoh told RIA Novosti.

“To continue an interventionist policy in Muslim countries, the United States needs to have forces in place. For domestic political reasons US ground troops are not practical or an option, so security contractors, as they are not ‘troops,’ are usable,” Hoh, who is also a Senior Fellow at the Center for International Policy (CIP), said Thursday.

Hoh’s comments come a day after a federal jury found four ex-Blackwater contractors guilty of a deadly 2007 mass shooting in Baghdad that killed 17 Iraqi civilians.

“I expect that there will be legislation put in place by Congress to indemnify and protect security contractors in the future,” Hoh said.

Hoh believes there is too much money to be had in fielding private contractors, which has led to a lucrative cycle between corporations profiting from conflict and those in Washington who favor American power and intervention.

The Iraq veteran also pointed out how leveraging contractors have helped the United States in concealing war costs, both in terms of dollars and body count.

“The other aspect of this is that it hides the cost of the war. We simply do not know how many contractors were killed in the Iraq or Afghan wars. The US relies upon claims made to the Department of Labor and Department of Defense, but that number is partial as many of the killed and wounded contractors, particularly TCNs, or Third Country Nationals, don’t ever have claims filed,” Hoh added.

The Blackwater military firm took part in the Iraq war under a contract it signed with the government of the United States. In 2010, Blackwater changed its name to Academi after being implicated in a number of crimes, including shooting civilians and arms smuggling.

Billionaire’s buying up mega-farms

It was a showdown in New Mexico earlier this year, as two billionaires, both from Fort Worth, Texas, battled it out to buy two enormous cattle ranches.

When the dust cleared, oil, gas and real-estate investor Bobby Patton, co-owner of the Los Angeles Dodgers, had won the 174,000-acre York Ranch, spending more than the $10.9 million asking price and outmaneuvering D.R. Horton , one of the country’s largest home-building companies. In a separate deal, D.R. Horton, founded by Donald Horton, outbid Mr. Patton for the nearby 292,779-acre Great Western Ranch, closing in July for around the asking price of $59 million.

The market for large ranches is on the rebound. The recession and droughts dampened demand for wide swaths of ranch land in recent years. Dry conditions forced ranchers to sell off their herds, creating a glut that drove down cattle prices. Now, with easing drought conditions across much of the country and higher cattle prices, ranches that had been sitting on the market have started to sell. A boom in the oil and gas industry and current 2% interest rates on ranch mortgages are also fueling big land grabs.

“It’s the perfect storm,” says Sam Middleton, a Lubbock, Texas-based ranch agent who is representing Waggoner Ranch. With 510,000 acres across six counties in Texas, Waggoner Ranch is one of the largest ranches ever to go on the market. The heirs of Texas cattle baron W.T. Waggoner listed it just a few weeks ago for $725 million. Mr. Middleton and Briggs Freeman Sotheby’s International broker Bernie Uechtritz say “hundreds” of interested buyers have called about the property.

Demand is particularly strong right now for mega ranches—those with over 25,000 deeded acres and often more than 100,000 total acres listed in the $10 million to $175 million range. Deeded acres are more desirable because they’re owned outright; ranches may also include acreage leased from the state or federal government, which allows them to graze their cattle in exchange for a fee. These properties typically have cattle operations, as well as recreational assets such as hunting, fishing or hiking. Some listings include mineral rights in the sale, which offers potential revenue from oil, gas, uranium, coal or other resources.

Hall & Hall, a ranch real-estate agency that listed both the York and Great Western ranches in New Mexico, says a substantial part of its $1 billion-plus in ranch sales since 2012 has come from these larger properties. The firm has sold seven ranches bigger than 25,000 deeded acres since 2011, three times the number it sold in the previous four years.

Buyers of these mega ranches are looking for income, such as a profitable livestock operation or fees from allowing wildlife-hunting, says Jeff Buerger, a Denver-based partner with Hall & Hall. More important, they are looking for a safe, long-term investment. The value of U.S. pasture land normally grazed by livestock rose 11% in the fiscal year 2014, which ended in September, from a year earlier, after averaging about 5% yearly increases for the two years before that, according to the U.S. Department of Agriculture.

In a statement from D.R. Horton, the company said the purchase of Great Western Ranch was a “long-term investment, with no immediate plans for development. It will remain an active ranch operation and be made available for use by our key employees.”

Michael Hewatt, a member of the D.R. Horton board, says the company will use it much like it does the two large ranches it owns in Texas: as a place to entertain brokers, bankers and other D.R. Horton vendors. “It’s a perk for the people we work with,” he says. He also says the ranch is a “good investment for the long term.” Mr. Horton has also personally purchased large parcels of ranch land in Texas and New Mexico, according to public records.

Mr. Patton is more likely to use York Ranch for entertaining than for raising cattle, says Thomas G. Fitzgerald, one of the sellers. Mr. Fitzgerald says the cash flow from the cattle was “insignificant” in comparison to the value of the land. There’s also some potential hunting revenue, from $25,000 to $40,000 a year. The ranch, which has elk, mule deer and pronghorn antelope, is allocated about 14 big-game tags—which signifies the number of animals that can be harvested. A three-bedroom, two-bathroom main house and a small airplane hangar with two landing strips came with the sale. It is very much a working ranch—it’s nothing fancy, says Mr. Fitzgerald. Mr. Patton declined to comment on his plans for the ranch.

A major ranch purchase also comes with bragging rights. Many of the bigger properties are known as “legacy” ranches in part because buyers want to stake their claim in history. These ranches stand out for their size, unusual location or a unique feature, says Eric O’Keefe, editor of the Land Report, which publishes an annual ranking of the largest 100 private landowners in the country. To make that list requires owning 100,000 deeded acres or more.

Billionaire Stan Kroenke, who owns the St. Louis Rams and soccer’s Arsenal F.C., bought a roughly 124,000-acre ranch in 2012 near Augusta, Mont., listed for $132.5 million by the estate of William and Desiree Moore, the late co-founders of Kelly-Moore Paints. Called the Broken O Ranch, Mr. Kroenke’s purchase elevated him on the Land Report’s list of largest landowners, where he currently holds the No. 9 spot. Mr. Kroenke didn’t respond to a request for comment. Liberty Media Chairman John Malone remains at the No. 1 spot on the Land Report’s 2014 list, with 2.2 million acres. Mr. Kroenke didn’t respond to a request for comment.

Much of the action is in New Mexico. Unlike Texas and Colorado, the state still has quite a few very large properties that haven’t been broken apart. Real-estate agents estimate that New Mexico has about 30 ranches bigger than 100,000 acres of deeded land. Land prices are lower, too. New Mexico ranch land sells for $200 to $300 per acre, compared with as high as $1,000 an acre in Wyoming, Montana and elsewhere.

Ben Scott of Dimmitt, Texas-based Scott Land Co. is representing a 109,000-acre Double V ranch near Roswell, N.M., listed for $26.2 million, or $240 an acre. Double V first went on the market in 2009 but didn’t sell. It was relisted in the spring of 2013 and is currently under contract.

Caleb Matott, also a Texas-based ranch real-estate agent, in August sold the 35,000-acre Red Bluff Ranch, listed for $7 million, near Roswell, N.M. The buyers were Mr. Horton and his wife, Martha, personally—not by the company, according to public records. In marketing the ranch, Mr. Matott stressed the legacy value of the property: “To stand on the same ground that John Chisum, John Tunstall, Billy the Kid, Pat Garrett and so many more have stood, makes a man walk with a little higher step in his stride. To own a ranch of the grandeur makes a person part of history.”

Mr. Patton has another property in New Mexico: He and Mark Walter, the Chicago financier who is also a co-owner of the Dodgers, bought the 93,403-acre Double H ranch in west-central New Mexico last year through Double H Holdings LLC, which was used to buy the York ranch. The sale price isn’t public, but the Rocky Mountain Elk Foundation, a habitat-protection organization that owned the ranch, earned at least $30 million in the deal, according to Blake Henning, vice president of lands and conservation for the Rocky Mountain Elk Foundation.

Vast ranch holdings by a few individuals can cause deep resentment in the community, Mr. Henning says. Since private landowners either ban the public from hunting on the land or use outfitters to sell expensive hunts, local hunters often complain, he says.

That resentment won’t go away soon. Competition for recreational ranches, particularly by owners of thriving oil and gas companies, has picked up. There’s a shortage of supply now of the largest properties, which tend to go to the same small group of investors. “There’s a finite group of potential purchasers. We are all aware of them and what their appetites are,” says Greg Fay, founder of ranch brokerage firm Fay Ranches.

Great Western Ranch closed in July for around the asking price of $59 million. A previous version of the story said the ranch had sold for more than its asking price.

Source: WSJ

How to start a war and lose an empire

By Dmitry Orlov

A year and a half I wrote an essay on how the US chooses to view Russia, titled The Image of the Enemy. I was living in Russia at the time, and, after observing the American anti-Russian rhetoric and the Russian reaction to it, I made some observations that seemed important at the time. It turns out that I managed to spot an important trend, but given the quick pace of developments since then, these observations are now woefully out of date, and so here is an update.

At that time the stakes weren’t very high yet. There was much noise around a fellow named Magnitsky, a corporate lawyer-crook who got caught and died in pretrial custody. He had been holding items for some bigger Western crooks, who were, of course, never apprehended. The Americans chose to treat this as a human rights violation and responded with the so-called “Magnitsky Act” which sanctioned certain Russian individuals who were labeled as human rights violators. Russian legislators responded with the “Dima Yakovlev Bill,” named after a Russian orphan adopted by Americans who killed him by leaving him in a locked car for nine hours. This bill banned American orphan-killing fiends from adopting any more Russian orphans. It all amounted to a silly bit of melodrama.

But what a difference a year and a half has made! Ukraine, which was at that time collapsing at about the same steady pace as it had been ever since its independence two decades ago, is now truly a defunct state, with its economy in free-fall, one region gone and two more in open rebellion, much of the country terrorized by oligarch-funded death squads, and some American-anointed puppets nominally in charge but quaking in their boots about what’s coming next. Syria and Iraq, which were then at a low simmer, have since erupted into full-blown war, with large parts of both now under the control of the Islamic Caliphate, which was formed with help from the US, was armed with US-made weapons via the Iraqis. Post-Qaddafi Libya seems to be working on establishing an Islamic Caliphate of its own. Against this backdrop of profound foreign US foreign policy failure, the US recently saw it fit to accuse Russia of having troops “on NATO’s doorstep,” as if this had nothing to do with the fact that NATO has expanded east, all the way to Russia’s borders. Unsurprisingly, US–Russia relations have now reached a point where the Russians saw it fit to issue a stern warning: further Western attempts at blackmailing them may result in a nuclear confrontation.

The American behavior throughout this succession of defeats has been remarkably consistent, with the constant element being their flat refusal to deal with reality in any way, shape or form. Just as before, in Syria the Americans are ever looking for moderate, pro-Western Islamists, who want to do what the Americans want (topple the government of Bashar al Assad) but will stop short of going on to destroy all the infidel invaders they can get their hands on. The fact that such moderate, pro-Western Islamists do not seem to exist does not affect American strategy in the region in any way.

Similarly, in Ukraine, the fact that the heavy American investment in “freedom and democracy,” or “open society,” or what have you, has produced a government dominated by fascists and a civil war is, according to the Americans, just some Russian propaganda. Parading under the banner of Hitler’s Ukrainian SS division and anointing Nazi collaborators as national heroes is just not convincing enough for them. What do these Nazis have to do to prove that they are Nazis, build some ovens and roast some Jews? Just massacring people by setting fire to a building, as they did in Odessa, or shooting unarmed civilians in the back and tossing them into mass graves, as they did in Donetsk, doesn’t seem to work. The fact that many people have refused to be ruled by Nazi thugs and have successfully resisted them has caused the Americans to label them as “pro-Russian separatists.” This, in turn, was used to blame the troubles in Ukraine on Russia, and to impose sanctions on Russia. The sanctions would be reviewed if Russia were to withdraw its troops from Ukraine. Trouble is, there are no Russian troops in Ukraine.

Note that this sort of behavior is nothing new. The Americans invaded Afghanistan because the Taleban would not relinquish Osama Bin Laden (who was a CIA operative) unless Americans produced evidence implicating him in 9/11—which did not exist. Americans invaded Iraq because Saddam Hussein would not relinquish his weapons of mass destruction—which did not exist. They invaded Libya because Muammar Qaddafi would not relinquish official positions—which he did not hold. They were ready to invade Syria because Bashar al Assad had used chemical weapons against his own people—which he did not do. And now they imposed sanctions on Russia because Russia had destabilized and invaded Ukraine—which it did not do either. (The US did that.)

The sanctions against Russia have an additional sort of unreality to them, because they “boomerang” and hurt the West while giving the Russian government the impetus to do what it wanted to do all along. The sanctions infringed on the rights of a number of Russian businessmen and officials, who promptly yanked their money out of Western banks, pulled their children out of Western schools and universities, and did everything else they could to demonstrate that they are good patriotic Russians, not American lackeys. The sanctions affected a number of Russian energy companies, cutting them off from Western sources of technology and financing, but this will primarily hurt the earnings of Western energy companies while helping their Chinese competitors. There were even some threats to cut Russia off from the SWIFT system, which would have made it quite difficult to transfer funds between Russia and the West, but what these threats did instead was to give Russia the impetus to introduce its own RUSSWIFT system, which will include even Iran, neutralizing future American efforts at imposing financial restrictions.

The sanctions were meant to cause economic damage, but Western efforts at inflicting short-term economic damage on Russia are failing. Coupled with a significant drop in the price of oil, all of this was supposed to hurt Russia fiscally, but since the sanctions caused the Ruble to drop in tandem, the net result on Russia’s state finances is a wash. Oil prices are lower, but then, thanks in part to the sanctions, so is the Ruble, and since oil revenues are still largely in dollars, this means that Russia’s tax receipts are at roughly the same level at before. And since Russian oil companies earn dollars abroad but spend rubles domestically, their production budgets remain unaffected.

The Russians also responded by imposing some counter-sanctions, and to take some quick steps to neutralize the effect of the sanctions on them. Russia banned the import of produce from the European Union—to the horror of farmers there. Especially hurt were those EU members who are especially anti-Russian: the Baltic states, which swiftly lost a large fraction of their GDP, along with Poland. An exception is being made for Serbia, which refused to join in the sanctions. Here, the message is simple: friendships that have lasted many centuries matter; what the Americans want is not what the Americans get; and the EU is a mere piece of paper. Thus, the counter-sanctions are driving wedges between the US and the EU, and, within the EU, between Eastern Europe (which the sanctions are hurting the most) and Western Europe, and, most importantly, they drive home the simple message that the US is not Europe’s friend.

There is something else going on that is going to become more significant in the long run: Russia has taken the hint and is turning away from the West and toward the East. It is parlaying its open defiance of American attempts at world domination into trade relationships throughout the world, much of which is sick and tired of paying tribute to Washington. Russia is playing a key role in putting together an international banking system that circumvents the US dollar and the US Federal Reserve. In these efforts, over half the world’s territory and population is squarely on Russia’s side and cheering loudly. Thus, the effort to isolate Russia has produced the opposite of the intended result: it is isolating the West from the rest of the world instead.

In other ways, the sanctions are actually being helpful. The import ban on foodstuffs from EU is a positive boon to domestic agriculture while driving home a politically important point: don’t take food from the hands of those who bite you. Russia is already one of the world’s largest grain exporters, and there is no reason why it can’t become entirely self-sufficient in food. The impetus to rearm in the face of NATO encroachment on Russian borders (there are now US troops stationed in Estonia, just a short drive from Russia’s second-largest city, St. Petersburg) is providing some needed stimulus for industrial redevelopment. This round of military spending is being planned a bit more intelligently than in the Soviet days, with eventual civilian conversion being part of the plan from the very outset. Thus, along with the world’s best jet fighters, Russia is likely to start building civilian aircraft for export and competing with Airbus and Boeing.

But this is only the beginning. The Russians seem to have finally realized to what extent the playing field has been slanted against them. They have been forced to play by Washington’s rules in two key ways: by bending to Washington’s will in order to keep their credit ratings high with the three key Western credit rating agencies, in order to secure access to Western credit; and by playing by the Western rule-book when issuing credit of their own, thus keeping domestic interest rates artificially high. The result was that US companies were able to finance their operations more cheaply, artificially making them more competitive. But now, as Russia works quickly to get out from under the US dollar, shifting trade to bilateral currency arrangements (backed by some amount of gold should trade imbalances develop) it is also looking for ways to turn the printing press to its advantage. To date, the dictat handed down from Washington has been: “We can print money all we like, but you can’t, or we will destroy you.” But this threat is ringing increasingly hollow, and Russia will no longer be using its dollar revenues to buy up US debt. One proposal currently on the table is to make it impossible to pay for Russian oil exports with anything other than rubles, by establishing two oil brokerages, one in St. Petersburg, the other, seven time zones away, in Vladivostok. Foreign oil buyers would then have to earn their petro-rubles the honest way—through bilateral trade—or, if they can’t make enough stuff that the Russians want to import, they could pay for oil with gold (while supplies last). Or the Russians could simply print rubles, and, to make sure such printing does not cause domestic inflation, they could export some inflation by playing with the oil spigot and the oil export tariffs. And if the likes of George Soros decides to attack the ruble in an effort to devalue it, Russia could defend its currency simply by printing fewer rubles for a while—no need to stockpile dollar reserves.

So far, this all seems like typical economic warfare: the Americans want to get everything they want by printing money while bombing into submission or sanctioning anyone who disobeys them, while the rest of the world attempts to resist them. But early in 2014 the situation changed. There was a US-instigated coup in Kiev, and instead of rolling over and playing dead like they were supposed to, the Russians mounted a fast and brilliantly successful campaign to regain Crimea, then successfully checkmated the junta in Kiev, preventing it from consolidating control over the remaining former Ukrainian territory by letting volunteers, weapons, equipment and humanitarian aid enter—and hundreds of thousands of refugees exit—through the strictly notional Russian-Ukrainian border, all the while avoiding direct military confrontation with NATO. Seeing all of this happening on the nightly news has awakened the Russian population from its political slumber, making it sit up and pay attention, and sending Putin’s approval rating through the roof.

The “optics” of all this, as they like to say at the White House, are rather ominous. We are coming up on the 70th anniversary of victory in World War II—a momentous occasion for Russians, who pride themselves on defeating Hitler almost single-handedly. At the same time, the US (Russia’s self-appointed arch-enemy) has taken this opportunity to reawaken and feed the monster of Nazism right on Russia’s border (inside Russia’s borders, some Russians/Ukrainians would say). This, in turn, makes the Russians remember Russia’s unique historical mission is among the nations of the world: it is to thwart all other nations’ attempts at world domination, be it Napoleonic France or Hitleresque Germany or Obamaniac America. Every century or so some nation forgets its history lessons and attacks Russia. The result is always the same: lots of corpse-studded snowdrifts, and then Russian cavalry galloping into Paris, or Russian tanks rolling into Berlin. Who knows how it will end this time around? Perhaps it will involve polite, well-armed men in green uniforms without insignia patrolling the streets of Brussels and Washington, DC. Only time will tell.

You’d think that Obama has already overplayed his hand, and should behave accordingly. His popularity at home is roughly the inverse of Putin’s, which is to say, Obama is still more popular than Ebola, but not by much. He can’t get anything at all done, no matter how pointless or futile, and his efforts to date, at home and abroad, have been pretty much a disaster. So what does this social worker turned national mascot decide to do? Well, the way the Russians see it, he has decided to declare war on Russia! In case you missed it, look up his speech before the UN General Assembly. It’s up on the White House web site. He placed Russia directly between Ebola and ISIS among the three topmost threats facing the world. Through Russian eyes his speech reads as a declaration of war.

It’s a new, mixed-mode sort of war. It’s not a total war to the death, although the US is being rather incautious by the old Cold War standards in avoiding a nuclear confrontation. It’s an information war—based on lies and unjust vilification; it’s a financial and economic war—using sanctions; it’s a political war—featuring violent overthrow of elected governments and support for hostile regimes on Russia’s borders; and it’s a military war—using ineffectual but nevertheless insulting moves such as stationing a handful of US troops in Estonia. And the goals of this war are clear: it is to undermine Russia economically, destroy it politically, dismember it geographically, and turn it into a pliant vassal state that furnishes natural resources to the West practically free of charge (with a few hand-outs to a handful of Russian oligarchs and criminal thugs who play ball). But it doesn’t look like any of that is going to happen because, you see, a lot of Russians actually get all that, and will choose leaders who will not win any popularity contests in the West but who will lead them to victory.

Given the realization that the US and Russia are, like it or not, in a state of war, no matter how opaque or muddled, people in Russia are trying to understand why this is and what it means. Obviously, the US has seen Russia as the enemy since about the time of the Revolution of 1917, if not earlier. For example, it is known that after the end of World War II America’s military planners were thinking of launching a nuclear strike against the USSR, and the only thing that held them back was the fact that they didn’t have enough bombs, meaning that Russia would have taken over all of Europe before the effects of the nuclear strikes could have deterred them from doing so (Russia had no nuclear weapons at the time, but lots of conventional forces right in the heart of Europe).

But why has war been declared now, and why was it declared by this social worker turned national misleader? Some keen observers mentioned his slogan “the audacity of hope,” and ventured to guess that this sort of “audaciousness” (which in Russian sounds a lot like “folly”) might be a key part of his character which makes him want to be the leader of the universe, like Napoleon or Hitler. Others looked up the campaign gibberish from his first presidential election (which got silly young Americans so fired up) and discovered that he had nice things to say about various cold warriors. Do you think Obama might perhaps be a scholar of history and a shrewd geopolitician in his own right? (That question usually gets a laugh, because most people know that he is just a chucklehead and repeats whatever his advisers tell him to say.) Hugo Chavez once called him “a hostage in the White House,” and he wasn’t too far off. So, why are his advisers so eager to go to war with Russia, right now, this year?

Is it because the US is collapsing more rapidly than most people can imagine? This line of reasoning goes like this: the American scheme of world domination through military aggression and unlimited money-printing is failing before our eyes. The public has no interest in any more “boots on the ground,” bombing campaigns do nothing to reign in militants that Americans themselves helped organize and equip, dollar hegemony is slipping away with each passing day, and the Federal Reserve is fresh out of magic bullets and faces a choice between crashing the stock market and crashing the bond market. In order to stop, or at least forestall this downward slide into financial/economic/political oblivion, the US must move quickly to undermine every competing economy in the world through whatever means it has left at its disposal, be it a bombing campaign, a revolution or a pandemic (although this last one can be a bit hard to keep under control). Russia is an obvious target, because it is the only country in the world that has had the gumption to actually show international leadership in confronting the US and wrestling it down; therefore, Russia must be punished first, to keep the others in line.

I don’t disagree with this line of reasoning, but I do want to add something to it.

First, the American offensive against Russia, along with most of the rest of the world, is about things Americans like to call “facts on the ground,” and these take time to create. The world wasn’t made in a day, and it can’t be destroyed in a day (unless you use nuclear weapons, but then there is no winning strategy for anyone, the US included). But the entire financial house of cards can be destroyed rather quickly, and here Russia can achieve a lot while risking little. Financially, Russia’s position is so solid that even the three Western credit ratings agencies don’t have the gall to downgrade Russia’s rating, sanctions notwithstanding. This is a country that is aggressively paying down its foreign debt, is running a record-high budget surplus, has a positive balance of payments, is piling up physical gold reserves, and not a month goes by that it doesn’t sign a major international trade deal (that circumvents the US dollar). In comparison, the US is a dead man walking: unless it can continue rolling over trillions of dollars in short-term debt every month at record-low interest rates, it won’t be able to pay the interest on its debt or its bills. Good-bye, welfare state, hello riots. Good-bye military contractors and federal law enforcement, hello mayhem and open borders. Now, changing “facts on the ground” requires physical actions, whereas causing a financial stampede to the exits just requires somebody to yell “Boo!” loudly and frighteningly enough.

Second, it must be understood that at this point the American ruling elite is almost entirely senile. The older ones seem actually senile in the medical sense. Take Leon Panetta, the former Defense Secretary: he’s been out flogging his new book, and he is still blaming Syria’s Bashar al Assad for gassing his own people! By now everybody else knows that that was a false flag attack, carried out by some clueless Syrian rebels with Saudi help, to be used as an excuse for the US to bomb Syria—you know, the old “weapons of mass destruction” nonsense again. (By the way, this kind of mindless, repetitive insistence on a fake rationale seems like a sure sign of senility.) That plan didn’t work because Putin and Lavrov intervened and quickly convinced Assad to give up his useless chemical weapons stockpile. The Americans were livid. So, everybody knows this story—except Panetta. You see, once an American official starts lying, he just doesn’t know how to stop. The story always starts with a lie, and, as facts emerge that contradict the initial story, they are simply ignored.

So much for the senile old guard, but what about their replacements? Well, the poster boy for the young ones is Hunter Biden, the VP’s son, who went on a hookers-and-blow tour of Ukraine last summer and inadvertently landed a seat on the board of directors of Ukraine’s largest natural gas company (which doesn’t have much gas left). He just got outed for being a coke fiend. In addition to the many pre-anointed ones, like the VP’s son, there are also many barns full of eagerly bleating Ivy League graduates who have been groomed for jobs in high places. These are Prof. Deresiewicz’s “Excellent Sheep.”

There just isn’t much that such people, young or old, can be made to respond to. International embarrassment, military defeat, humanitarian catastrophe—all these things just bounce off them and stick to you for bringing them up and being overly negative about their rose-colored view of themselves. The only hit they can actually feel is a hit to the pocketbook.

Which brings us all the way back to my first point: “Boo!”

Dmitry Orlov is currently working on a new book that will be out later this year. Orlov says, “The new book is about communities and what makes them resistant to adverse events such as financial collapse.” Orlov adds, “The U.S., as a whole, is not resistant to shocks, but some parts of America are.” You can find Dmitry Orlov at ClubOrlov.com.

Rwanda screens US, Spanish visitors for ebola

The East African nation of Rwanda is requiring all visitors from the United States and Spain to self-monitor, fill out an extensive questionnaire and report their medical condition for the first 21 days of their visits because of the Ebola cases that have surfaced in the two Western countries.

Coincidentally or not, the new screening follows an embarrassing uproar in a New Jersey school over the imminent enrollment of two Rwanda children that initially prompted their parents to keep them at home for 21 days.

The order by the Rwanda government to visiting Americans and Spaniards was posted Tuesday on the website of the U.S. Embassy in Rwanda:

“On October 19, the Rwandan Ministry of Health introduced new Ebola Virus Disease screening requirements. Visitors who have been in the United States or Spain during the last 22 days are now required to report their medical condition—regardless of whether they are experiencing symptoms of Ebola—by telephone by dialing 114 between 7:00 a.m. and 8:00 p.m. for the duration of their visit to Rwanda (if less than 21 days), or for the first 21 days of their visit to Rwanda. Rwandan authorities continue to deny entry to visitors who traveled to Guinea, Liberia, Senegal, or Sierra Leone within the past 22 days.”

The U.S. and Spain have both recorded deaths from Ebola. In Dallas, a Liberian national died of the virus two weeks ago and two nurses who treated him tested positive for the virus. At least two Spanish missionaries died in Spain after contracting the disease in West Africa. One Spanish nurse also tested positive for the virus.

Rwanda is located in East Africa about 2,600 miles east of Liberia, the closest of the three West African countries with the Ebola outbreak. Rwanda has been unaffected by the Ebola outbreak on the other side of the continent and has reported no cases of the virus.

The dust-up in New Jersey involving two Rwanda children took a new turn Monday with an apology by the superintendent of the Maple Shade School District in Burlington County.

The children were supposed to begin classes Monday at Howard Yocum Elementary School in Maple Shade, N.J., but ran into a backlash from other parents, WTXF-TV in Philadelphia.com reports.

The uproar started after a school nurse sent a note to staff members saying that the school intended to take the temperature of the two students three times a day for the next 3 weeks, the normal incubation period for Ebola.

Source: USA Today

‘This ebola is a very different bug’

Peter Jahrling of the National Institute of Allergy and Infectious Disease is on the front lines fighting this disease in Liberia. He is one of the top authorities in the world on Ebola.

Jahrling believes the current Ebola outbreak may be caused by an infection that spreads more easily than it did before.

Dr Jahrling explained that his team, who are working in the epicentre of the crisis in the Liberian capital of Monrovia, are seeing that the viral loads in Ebola patients are much higher than they are used to seeing.

He told Vox.com: ‘We are using tests now that weren’t using in the past, but there seems to be a belief that the virus load is higher in these patients [today] than what we have seen before. If true, that’s a very different bug.

‘I have a field team in Monrovia. They are running [tests]. They are telling me that viral loads are coming up very quickly and really high, higher than they are used to seeing.

‘It may be that the virus burns hotter and quicker.’

The head of the Center for Infectious Disease Research and Policy at the University of Minnesota – Dr. Michael Osterholm – is a prominent public health scientist and a nationally recognized biosecurity expert.

Dr. Osterholm just gave a talk shown on C-Span explaining that a top Ebola virologist – the Head of Special Pathogens at Canada’s health agency, Gary Kobinger – has found that the current strain of Ebola appears to be much worse than any strain seen before … and that the current virus may be more likely to spread through aerosols than strains which scientists have previously encountered.

The Los Angeles Times reports that dr. C.J. Peters, who battled a 1989 outbreak of the virus among research monkeys housed in Virginia and who later led the CDC’s most far-reaching study of Ebola’s transmissibility in humans, said he would not rule out the possibility that it spreads through the air in tight quarters.

“We just don’t have the data to exclude it,” said Peters, who continues to research viral diseases at the University of Texas in Galveston.

Dr. Philip K. Russell, a virologist who oversaw Ebola research while heading the U.S. Army’s Medical Research and Development Command, and who later led the government’s massive stockpiling of smallpox vaccine after the Sept. 11 terrorist attacks, also said much was still to be learned. “Being dogmatic is, I think, ill-advised, because there are too many unknowns here.“

A study was conducted back in 2012 that demonstrated that the Ebola virus can be transferred from one animal to another animal without any physical contact whatsoever:

When news broke that the Ebola virus had resurfaced in Uganda, investigators in Canada were making headlines of their own with research indicating the deadly virus may spread between species, through the air.

The team, comprised of researchers from the National Centre for Foreign Animal Disease, the University of Manitoba, and the Public Health Agency of Canada, observed transmission of Ebola from pigs to monkeys. They first inoculated a number of piglets with the Zaire strain of the Ebola virus. Ebola-Zaire is the deadliest strain, with mortality rates up to 90 percent. The piglets were then placed in a room with four cynomolgus macaques, a species of monkey commonly used in laboratories. The animals were separated by wire cages to prevent direct contact between the species.

Within a few days, the inoculated piglets showed clinical signs of infection indicative of Ebola infection. In pigs, Ebola generally causes respiratory illness and increased temperature. Nine days after infection, all piglets appeared to have recovered from the disease.

Within eight days of exposure, two of the four monkeys showed signs of Ebola infection. Four days later, the remaining two monkeys were sick too. It is possible that the first two monkeys infected the other two, but transmission between non-human primates has never before been observed in a lab setting.

In the hope that Washington hears

In an interview today with Politika, a Serbian newspaper, Russia’s president, Vladimir Putin, said that it is futile and dangerous for the US and its European puppets to blackmail Russia and that the Exceptional Nation and its vassals should consider the risks that are inherent in aggressive disputes between countries heavily armed with nuclear weapons.

Putin noted that Obama took a hostile attitude toward Russia in Obama’s UN speech to the General Assembly on September 24 when Obama declared Russia to be one of the three threats to the world along with the Islamic State and ebola.

President Putin said that unilateral and punitive actions taken against Russia can provoke a crisis, and that if Washington’s purpose is to”isolate our country, it is an absurd and illusory goal.”

Here are some of President Putin’s direct quotes:

“How can we talk about de-escalation in Ukraine while the decisions on new sanctions are introduced almost simultaneously with the agreements on the peace process?”

“Together with the sanctions against entire sectors of our economy, this approach can be called nothing but hostile.”

“We hope that our partners will realize the futility of attempts to blackmail Russia and remember what consequences discord between major nuclear powers could bring for strategic stability.”

If we don’t all die from nuclear blasts, radiation, and nuclear winter, it will be because of the humanity and common sense–both of which are missing in Washington–of the President of Russia.

Look around you. The economies and stock markets of Western civilization are in retreat. Stupid and incompetent public authorities have brought ebola into America. And what is Washington doing? The energies of the Exceptional Government are focused on combating the Islamic State, a creature created by Washington itself, and on demonizing Russia.

Has any country, anywhere on the fact of the earth, at any period of history been so totally misruled as the United States?

Americans need to understand that their government is not merely incompetent and immoral, but that it is evil. Washington hides behind moral language but is itself devoid of moral conscience. There is no evil of which Washington is incapable. Those who support Washington support evil.

Paul Craig Roberts served as an Assistant Secretary of the Treasury in the Reagan Administration. He was associate editor and columnist for The Wall Street Journal and columnist for Business Week and the Scripps Howard News Service. In 1992 he received the Warren Brookes Award for Excellence in Journalism. In 1993 the Forbes Media Guide ranked him as one of the top seven journalists in the United States. He is also chairman of The Institute for Political Economy.