Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Stocks, Bitcoin and Crypto Markets Breaking Bad on Donald Trump Pump - 21st Nov 24
Gold Price To Re-Test $2,700 - 21st Nov 24
Stock Market Sentiment Speaks: This Is My Strong Warning To You - 21st Nov 24
Financial Crisis 2025 - This is Going to Shock People! - 21st Nov 24
Dubai Deluge - AI Tech Stocks Earnings Correction Opportunities - 18th Nov 24
Why President Trump Has NO Real Power - Deep State Military Industrial Complex - 8th Nov 24
Social Grant Increases and Serge Belamant Amid South Africa's New Political Landscape - 8th Nov 24
Is Forex Worth It? - 8th Nov 24
Nvidia Numero Uno in Count Down to President Donald Pump Election Victory - 5th Nov 24
Trump or Harris - Who Wins US Presidential Election 2024 Forecast Prediction - 5th Nov 24
Stock Market Brief in Count Down to US Election Result 2024 - 3rd Nov 24
Gold Stocks’ Winter Rally 2024 - 3rd Nov 24
Why Countdown to U.S. Recession is Underway - 3rd Nov 24
Stock Market Trend Forecast to Jan 2025 - 2nd Nov 24
President Donald PUMP Forecast to Win US Presidential Election 2024 - 1st Nov 24
At These Levels, Buying Silver Is Like Getting It At $5 In 2003 - 28th Oct 24
Nvidia Numero Uno Selling Shovels in the AI Gold Rush - 28th Oct 24
The Future of Online Casinos - 28th Oct 24
Panic in the Air As Stock Market Correction Delivers Deep Opps in AI Tech Stocks - 27th Oct 24
Stocks, Bitcoin, Crypto's Counting Down to President Donald Pump! - 27th Oct 24
UK Budget 2024 - What to do Before 30th Oct - Pensions and ISA's - 27th Oct 24
7 Days of Crypto Opportunities Starts NOW - 27th Oct 24
The Power Law in Venture Capital: How Visionary Investors Like Yuri Milner Have Shaped the Future - 27th Oct 24
This Points To Significantly Higher Silver Prices - 27th Oct 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Armageddon - Obama Issues Threats To Russia And NATO

Politics / New Cold War Apr 08, 2014 - 10:18 AM GMT

By: Paul_Craig_Roberts

Politics

The Obama regime has issued simultaneous threats to the enemy it is making out of Russia and to its European NATO allies on which Washington is relying to support sanctions on Russia. This cannot end well.

As even Americans living in a controlled media environment are aware, Europeans, South Americans, and Chinese are infuriated that the National Stasi Agency is spying on their communications. NSA’s affront to legality, the US Constitution, and international diplomatic norms is unprecedented. Yet, the spying continues, while Congress sits sucking its thumb and betraying its oath to defend the Constitution of the United States.


In Washington mumbo-jumbo from the executive branch about “national security” suffices to negate statutory law and Constitutional requirements. Western Europe, seeing that the White House, Congress and the Federal Courts are impotent and unable to rein-in the Stasi Police State, has decided to create a European communication system that excludes US companies in order to protect the privacy of European citizens and government communications from the Washington Stasi.

The Obama regime, desperate that no individual and no country escape its spy net, denounced Western Europe’s intention to protect the privacy of its communications as “a violation of trade laws.”

Obama’s US Trade Representative, who has been negotiating secret “trade agreements” in Europe and Asia that give US corporations immunity to the laws of all countries that sign the agreements, has threatened WTO penalties if Europe’s communications network excludes the US companies that serve as spies for NSA. Washington in all its arrogance has told its most necessary allies that if you don’t let us spy on you, we will use WTO to penalize you.

So there you have it. The rest of the world now has the best possible reason to exit the WTO and to avoid the Trans-Pacific and Trans-Atlantic “trade agreements.” The agreements are not about trade. The purpose of these “trade agreements” is to establish the hegemony of Washington and US corporations over other countries.

In an arrogant demonstration of Washington’s power over Europe, the US Trade Representative warned Washington’s NATO allies: “US Trade Representative will be carefully monitoring the development of any such proposals” to create a separate European communication network. http://rt.com/news/us-europe-nsa-snowden-549/

Washington is relying on the Chancellor of Germany, the President of France, and the Prime Minister of the UK to place service to Washington above their countries’ communications privacy.

It has dawned on the Russian government that being a part of the American dollar system means that Russia is open to being looted by Western banks and corporations or by individuals financed by them, that the ruble is vulnerable to being driven down by speculators in the foreign exchange market and by capital outflows, and that dependence on the American international payments system exposes Russia to arbitrary sanctions imposed by the “exceptional and indispensable country.”

Why it took the Russian government so long to realize that the dollar payments system puts countries under Washington’s thumb is puzzling. Perhaps the answer is the success of US Cold War propaganda. Cold war propaganda portrayed America as the shining light, the great observer of human rights, opponent of torture, upholder of liberty, defender of the downtrodden, lover of peace, and benefactor of the world. This image survived even as the US government prevented the rise of any representative governments in Latin America and while Washington has bombed half a dozen countries into rubble.

Russians emerging from communism naturally aligned with the propaganda image of “American freedom.” That the US and Europe were also corrupt and also had blood on their hands was overlooked. During the years of anti-Soviet propaganda, Washington was murdering European women and children and blaming communists. The truth came out when President of Italy Francesco Cossiga publicly revealed Operation Gladio, a false flag terrorist scheme run by the CIA and Italian Intelligence during the 1960s, 1970s, and 1980s that targeted European women and children with bombs in order to blame the communists and thereby prevent European communist parties from making electoral gains. This is one of the most well-known false flag events in history, having resulted in extraordinary confessions by Italian intelligence.

Now that the Russian government understands that Russia must depart the dollar system in order to protect Russian sovereignty, President Putin has entered into barter/ruble oil deals with China and Iran. However, Washington objects to Russia abandoning the dollar international payment system. Zero Hedge, a more reliable news source than the US print and TV media, reports that Washington has conveyed to both Russia and Iran that a non-dollar oil deal would trigger US sanctions.http://www.zerohedge.com/news/2014-04-04/us-threatens-russia-sanctions-over-petrodollar-busting-deal

Washington’s objection to the Russian/Iranian deal made it clear to all governments that Washington uses the dollar-based international payments system as a means of control. Why should countries accept an international payments system that infringes their sovereignty? What would happen if instead of passively accepting the dollar as the means of international payment, countries simply left the dollar system? The value of the dollar would fall and so would Washington’s power. Without the power that the dollar’s role as world reserve currency gives the US to pay its bills by printing money, the US could not maintain its aggressive military posture or its payoffs to foreign governments to do its bidding.

Washington would be just another failed empire, whose population can barely make ends meet, while the One Percent who comprise the mega-rich compete with 200-foot yachts and $750,000 fountain pins. The aristocracy and the serfs. That is what America has already become. A throwback to the feudal era.

It is only a matter of time before it is universally recognized that the US is a failed state. Let’s pray this recognition occurs before the arrogant inhabitants of Washington blow up the world in pursuit of hegemony over others.

Washington’s provocative military moves against Russia are reckless and dangerous. The buildup of NATO air, ground, and naval forces on Russia’s borders in violation of the 1997 NATO-Russian treaty and the Montreux Convention naturally strike the Russian government as suspicious, especially as the buildups are justified on the basis of lies that Russia is about to invade Poland, the Baltic States, and Moldova in addition to Ukraine.

These lies are transparent. The Russian Foreign Minister Sergey Lavrov has asked NATO for an explanation, stating: “We are not only expecting answers, but answers that will be based fully on respect for the rules we agreed on.” http://rt.com/news/lavrov-ukraine-nato-convention-069/

Anders Fogh Rasmussen, Washington’s puppet installed as NATO figurehead who is no more in charge of NATO than I am, responded in a way guaranteed to raise Russian anxieties. Rasmussen dismissed the Russian Foreign Minister’s request for explanation as “propaganda and disinformation.”

Clearly, what we are experiencing are rising tensions caused by Washington and NATO. These tensions are in addition to the tensions arising from Washington’s coup in Ukraine. These reckless and dangerous actions have destroyed the Russian government’s trust in the West and are moving the world toward war.

Little did the protesters in Kiev, called into the streets by Washington’s NGOs, realize that their foolishness was setting the world on a path to armageddon.

Paul Craig Roberts

http://www.paulcraigroberts.org/

Paul Craig Roberts [ email him ] was Assistant Secretary of the Treasury during President Reagan's first term.  He was Associate Editor of the Wall Street Journal .  He has held numerous academic appointments, including the William E. Simon Chair, Center for Strategic and International Studies, Georgetown University, and Senior Research Fellow, Hoover Institution, Stanford University. He was awarded the Legion of Honor by French President Francois Mitterrand. He is the author of Supply-Side Revolution : An Insider's Account of Policymaking in Washington ; Alienation and the Soviet Economy and Meltdown: Inside the Soviet Economy , and is the co-author with Lawrence M. Stratton of The Tyranny of Good Intentions : How Prosecutors and Bureaucrats Are Trampling the Constitution in the Name of Justice . Click here for Peter Brimelow's Forbes Magazine interview with Roberts about the recent epidemic of prosecutorial misconduct.

© 2014 Copyright Paul Craig Roberts - All Rights Reserved
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in