His
programs have proven to be HIGHLY
CORROSIVE to sovereignty of former EU nation states.
Since
the 2008 Global Economic Crash --due to toxic financial derivatives, corrupted
hedge and poison pill funds, and risk insurance on credit default swaps,
distrust has spread throughout the western banking system, immersing Europe in
the cesspool of a sovereign-debt crisis which has led to the creation of the
European Financial Stability Facility, as well as other uncertain efforts aimed
unsuccessfully at stabilizing the EURO. In July 2012, the euro fell below
US$1.21 for the first time in two years, following concerns raised over Greek
debt and
Germany
still needs to globally acknowledge the .1% elite’s shadow deal maker ROBERT
ZOELLICK ... and the TREUHANDANSTALT,
(1990 "Trust agency" which privatized in an eye blink over 8500 East
German state-owned companies with over four million employees.) It is generally
omitted in the news that the euro
was in many senses of the word, forced on Germany as a precondition for
Germany’s reunification after the fall of the Berlin Wall, resulting in
part from negotiations between the Treuhandanstalt
and ROBERT ZOELLICK and his elite team. Robert B. Zoellick is the Chairman of Goldman Sachs'
International Advisors. The German Government awarded Mr. Zoellick the Knight
Commanders Cross for his work on unification. After leaving government service,
Zoellick served from 1993 to 1997 as an Executive Vice President and General
Counsel of Fannie
Mae. The corrupt Mexican and Chilean Governments presented him their
highest honors for non-citizens the Aztec Eagle and the Order of Merit. He
serves on the boards of Temasek --
Singapore’s Sovereign Wealth Fund (which since 1964 has had a major hand in the
Malaysia-Singapore Airlines which later split up into Malaysia Airlines and Singapore Airlines), as well as on the
international advisory board of Rolls Royce. Mr. Zoellick is a member of the
board of the color revolution global network, the National
Endowment for Democracy (NED). Mr. Zoellick was the President of the World Bank Group from
2007-12. He served in President George W. Bush's cabinet as U.S. Trade
Representative from 2001 to 2005. From 1985 to 1993, he worked at the Treasury
and State and was the lead U.S. negotiator in the 2
+ 4 process for Germany’s unification. He is a member of the Aspen
Strategy Group.
... this remembered data below is just one rather old man's small effort to make a layman's composite and historical "string" of many of the news events of the decade, which forced the Western World democracies to collapse and fold themselves like rolly pollies into the mere semblance of their former selves, whimpering in the corner, trembling at each new ... Neocon assault on your freedom, your health, your economic survival, your happiness and freedom of artistic expression ...
ROBERT KAGAN
He
has long described himself as a 'Libertarian '. He was born in the .1% with a
large silver serving spoon in his mouth and in a royal 24 carat gilded bed. His
family (he is, by his father’s lineage, Greek-Egyptian) has owned and run one
of the biggest and wealthiest shipping and steel industries in Greece (Halyvourgiki, Greece's biggest steel producer. His father was last check
still at the age of 90, Chairman of Halyvourgiki's
Board of Directors).
He has lived outside of Greece longer than he has inside, his secondary
education and university years were in Her Majesty’s Britain. He then traveled
on to Australia to teach game theory, the mathematical study of decision-making
and of conflict and strategy in social situations, and classical economics, for
many years in Australia, as an Australian citizen. His PhD dissertation was in
economics using mathematical game theory analysis of industrial strikes in
UK/USA along with models of wage inflation. Game theory
is based on a very unrealistic assumption that the motives of players are all
fixed and they are all selfishly motivated, as is Varoufakis. Varoufakis is a
darling of the free market enthusiasts at The Adam Smith Institute, and also
publicly admired by Bloomberg media as "brilliant". His only political office held in his entire
life was as secretary of the Black Students Alliance at the UK’s University of
Essex (even though he’s white). Varoufakis has described himself as an "accidental
economist". He is perhaps even more an accidental Center-Leftist. He has also described himself as an “erratic
Marxist”, when perhaps he was pinpointing his loyalty to a cause as “erratic”
at best. Why would a man like this give
up a seemingly conservative successful past lifestyle, i.e. everything, to win
a Syriza revolt on behalf of normal Greek people he has not even lived with for
long? The American actor James Dean rode a motorcycle also in a black leather
jacket, but was quite short sighted and needed very strong eyeglasses to read
the handwriting on the wall, something Yanis has dramatically failed to do. By
stepping up just a few years ago to the plate representing 99.9% of the Greek
people -- imbued with their most unrestrained trust, with bases loaded and two
men out, he struck out with tail between his legs trotting away from the IMF
Troika with far LESS than the Greek workers had before his vain meddling, before
his historic sell-out betrayal of their trust.
It seems the day has come for Yanis Varoufakis to trade in his
motorcycle for a hot pink,
deluxe lady's gold-rimmed 2-stroke moped, and discontinue with
his fake Leftish interviews. Would anyone disagree?
Illuminating words of Prof. James Petras:
[note: Max
Keiser interviewed Yanis Varoufakis outdoors in
James Petras: "Syriza had promised to prioritize
humanitarian spending over austerity – raising the minimum wage, rehiring
public employees in health and education and raising pension payments.
After two weeks of servile groveling, the ‘re-formed’
Tsipras and Varoufakis prioritized
austerity – making debt payments and ‘postponing’ even the most meagre
anti-poverty spending. When the Troika lent the Syriza regime $2 billion to feed hungry Greeks, Tsipras
lauded his overseers and promised to submit a multi-billion euro list of
regressive ‘reforms’.
Syriza had
promised to re-examine the previous rightwing regime’s dubious privatization of
lucrative public enterprises and to stop on-going and future
privatizations. In government, Tsipras and Varoufakis
quickly disavowed that promise. They approved past, present
and future privatizations. In fact, they made overtures to
procure new privatization ‘partners’, offering lucrative tax
concessions in selling-out more public firms.
Syriza promised to tackle the depression level
unemployment (26% national, 55% youth) via public spending and reduced debt
payments. Tsipras and Varoufakis
dutifully met debt payments and did not allocate any funds to create
jobs!
Not only did Syriza continue the policies of
its rightwing predecessors, but also it did so in a
ludicrous style and substance: adopting ridiculous public
postures and demagogic inconsequential gestures. One day Tsipras would lay a wreath at the
gravesite of 200 Greek partisans murdered by the Nazis during WW II. The
next day he would grovel before the German bankers and concede to their demands
for budget austerity, withholding public funds from 2 million unemployed
Greeks.
One afternoon, Finance
Minister Varoufakis would pose for a
photo spread for Paris Match depicting him, cocktail in hand, on his penthouse terrace overlooking the
Acropolis; and several hours later he would claim to speak for
the impoverished masses!
Betrayal, deceit and demagogy all during the first two
months in office, Syriza has established a record in its conversion from a
leftist anti-austerity party to a conformist, servile vassal of the European
Union."
Democratic and Republican officials in successive administrations have for many years repeatedly denied that the trillions of dollars of debt Fannie and Freddie issued is guaranteed. Some people and blogs and reports seem to indicate FANNIE MAE is only a Democrat created financial disaster and scandal. No way Ray. Despite that democrats Sen. Chuck Schumer and Sen. Barney Frank have their fingerprints all over the scene of the Fannie Mae & Freddy Mac felonies against the US people, both Republicans Newt Gingrich and Robert Zoellick took up key positions with Fannie Mae during its heyday. Let’s not forget the COUNTRYWIDE role in this with their “Fast & Easy” pre-2008 federal home loans, paid out by commercial CountryWide but in the end, after “feces funds” hit the fan, the federal government, i.e. the U.S. taxpayers, had to pick up the tab of the non-payments on the loans, in the trillions, with the now infamous federal bailouts. Not one record has been released documenting this long running scam, via the FOIA rules and procedures which were written to protect democracy and the citizens of the nation. Does that surprise anyone?
China has never disclosed the size of its holdings of
Fannie and Freddie securities, but according to the U.S Treasury’s report on
foreign holdings of U.S. securities, China held $454 billion of long-term U.S.
agency debt as of June 30, 2009. China has been using Belgian holdings, an offshore center used extensively
by China to mask its selling off and dumping of U.S. Treasury bills, bonds, and
notes, which in theory were created to back up and protect the dollar.
Now in 2017, Japan is holding more of the T-Bills than China, and suddenly they are printing money without any backing just like the U.S. Federal Reserve! China's huge holdings of U.S. debt fell to $1.12 trillion at the end of October 2016, their lowest level in more than six years, according to U.S. Treasury Department data. Japan holds $1.13 trillion of U.S. colossal debt. This bubble is gonna burst real soon and it won’t be pretty. How would the U.S. afford its global military empire after the bursting? They won’t be able. Unless they precipitate World War 3, which would in all likelihood involve nuclear bombs exchanges. Now might be a good time to enlist the peacekeeping skills of soft power diplomat Benjamin the Bomb Netanyahu? Wrong!
short interview with the director
John Titus of the film ALL THE PLENARY’S MEN (very stimulating and easy to
grasp)
https://www.youtube.com/watch?v=0JoRlZV6fdU
