Tag: IMF

US Terrorizes China; China Pulls the Golden Trigger.

All week I’ve been seeing references to this headline:

“China could announce that it holds 30,000 tons of gold to back the Yuan/Renminbi.”

As a Forex trader, the story took me by surprise, even though China has been stockpiling for years, and is the world’s largest gold producer. Also, it’s not like China to pull this trigger so fast. However, in the South China Sea last week, the US started militarily terrorizing China with war ships and fighter jets – and China warned (in so many polite words) that the US planted the seeds of its own doom.

So, maybe that’s what this is all about.

Anti-Capitalist Meetup: Are CIA Mockingbirds Still Nesting in Nicaragua? by Justina

Nicaraguan President Daniel Ortega celebrating Sandinista election victory in 2006 in the Revolutionary Plaza, Managua.

“You could get a journalist cheaper than a good call girl, for a couple hundred dollars a month.” – CIA operative discussing with Philip Graham, editor Washington Post, on the availability and prices of journalists willing to peddle CIA propaganda and cover stories. (from “Katherine The Great,” by Deborah Davis (New York: Sheridan Square Press, 1991)

Thus Davis chronicles the U.S. Central Intelligence Agency’s (CIA) official campaign to turn American newspapers, into conduits for its anti-communist ideology which began after World War II.  It was called “Operation Mockingbird”.   Perhaps the operation would have been more accurately named “Operation Cuckoo” as the cuckoo will lay its egg in another bird’s nest and steal the original. With this propaganda operation and spying operation, the CIA effectively threw objectivity out of the nest of American journalism and put CIA denominated news in its place.  

The CIA was successful in capturing the nests of the biggest newspapers in the U.S., including the the “Washington Post”, the “N.Y. Times” , and the “Los Angeles Times”, among many others.  They all still seem to be on team.  During the years of the Contra war against the lawful Sandinista government in the 1980’s, the CIA employed similar methods here in Nicaragua.  Is it still going on here?

Anti-Capitalist Meetup: Emergency Alert-OWS Occupies the US. Congress

Reprinted from: Daily Kos

In an unprecedented move, we are delaying the publication of our regular Anti-capitalist meet-up diary to bring you a special report.  Four hours ago, several hundred US citizens and residents, reportedly members of OWS (Occupy Wall Street), occupied both chambers of the United States Congress.

Corporate media sources have refused to report the event until control can be reestablished by authorities. However, according to Al Gazeera, who just started running a live stream an hour ago, the occupiers entered both houses and forced the Senate into the House of Representatives Chamber for a joint session.  We can only speculate whether the occupiers used guns to force the Senators into the Chamber or simply took over using the force of their numbers. We understand they dismantled the microphones in the chamber and began a General Assembly using the human microphone.

Lagarde the New Head of the IMF

It was announced that the International Monetary Fund has appointed French Finance Minister Christine Lagarde its first female head. With the backing of China, Russia and, today, the United States, Ms. Lagarde has some very tough tasks set out for her the most important being the economic crisis in Greece:

Greek Strike Overshadows Budget Vote

Greek police fired tear gas to disperse protesters in the center of Athens as labor unions shut down government services before a vote on austerity measures that may determine if the nation can avoid a default. . . . .

Papandreou faces his second survival test in a week tomorrow when lawmakers vote on the package that’s needed before the cash-strapped nation can tap a fifth loan payment from last year’s 110 billion-euro ($157 billion) rescue. Failure to pass the government’s 78 billion-euro plan may lead to the euro area’s first sovereign default. . . .

Asset Sales

State-asset sales are the “first pillar” in any new financing package for Greece and an important factor for its European Union and International Monetary Fund partners, who are supplying the aid, Finance Minister Evangelos Venizelos said in parliament today. He spoke as a debate on the second bill, the so-called Implementation Law, began under a fast-track process, to make a June 30 deadline.

The “Shock Doctrine” in full play and the Greek people are not happy