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Saturday, March 16, 2013




The Iraq War Cost U.S Citizens more than TWO TRILLION DOLLAR$ and CAN GROW QUICKLY to SIX TRILLION DOLLAR$!!!
Thank you Presidents Clinton [and HILLARY], Bush Jr [CHENEY/RUMSFELD], and Obama [BIDEN/BRENNAN] and all their political cronies and military/industrial war profiteers
In a recent article by Daniel Trotta in Reuters [thanks Huff Post, posted earlier],  he correctly reports the following facts about the COMPLETELY UNNECESSARY, SELF –DESTRUCTIVE WAR in Iraq initiated by ‘Shock and Awe’  POTUS, Bush Jr  and the Usual Suspects
Here are the warmongers who sent our brave warriors into battle yet these chickenhawks either avoided military services entirely or if the served (only Rumsfeld) avoided combat.  They must be held accountable! feel free to add to the list or add info.
1] POTUS Clinton, Bush Jr
2] VP Cheney (avoided military service a total of 7 times)
3] Donald Rumsfeld (naval flight instructor, reservist) 
4] Zalmay Khalizad, Sandy Berger, Frank Fukuyama
5] Paul Wolfowitz, Richard Perle, Steve Hadley, Condi Rice
6] Dennis Ross, Lewis “Scooter” Libby, George Tenet (DCI)
7] David Wurmser (an advisor to Dick Cheney whom I had fired)

Here are some of the horrific numbers and stats: 
[1] Iraq War cost $1.7 Trillion [too many zeros to even write out!] with an additional $490Billion [what’s a billion here and there?] in benefits owed to war veterans and that number could grow to over $6 Trillion over the next decade.
[2] The IRAQ War KILLED at least 134,000 Iraqi civilians and may have caused up to 536,000 innocent Iraqi deaths. 
[3]On the 10th Anniversary of the 9/11 stand down, a 2011 study from 30 Academics and experts published in the Watson Institute Study [I Knew Ambassador Watson –good man!] stated that the wars in Iraq, Pakistan and Afghanistan DIRECTLY cost the U.S. treasury [that’s you and me] $3.7 TRILLION in ACTUAL EXPENDITURES and future commitments such as the MEDICAL AND DISABILITY CLAIMS OF US WAR VETERANS—most of whom can barely afford to live a normal physical, emotional , and financial existence, thanks to the PTSD and other major IED injuries. 
[3] The estimated death toll from the THREE WARS, previously at 224,000 to 258,000 increased to a range of 272,00 to 329,000 two years later. 
[4] The interest of expenses for the Iraq War could amount to $4 TRILLION during that ten year period of wars. 
[5] The social cost of the burdens placed on the brave men and women who fought the UNNECESSARY WAR was ASTOUNDING in terms of broken families, displaced spouses and children.  In actual dollars, the medical and disability claims for veterans after a decade of war totaled $33billion and two years later that cost grew to $134Billion

What DID WE GAIN AS A COUNTRY? and HOW MUCH DAMAGE DID WE INCUR? 
[1] The experts in the Watson Report concluded as many of us warned before the war that little if nothing was gained from the war and actually we did horrific damage: a traumatized country of Iraq, thousands of disabled veterans and a U.S. economy that TANKED. 
[2] The Iraq War REINVIGORATED radical Islamic militants in the region. 
[3] The Iraq War set back Women’s rights in this area of the world. 
[4] The Iraq War weakened an already precarious Iraqi health care system. 
[5] As predicted by me and others, the IRAQ RECONSTRUCTION $212 Billion was a complete failure!!! Most of the dollars went to waste and fraud…..into the pockets of those named in this blog and others.
[6]  POTUS BUSH JR claimed there were WMD and that was the rationale for the war but surprise! There weren’t any WMD! We know this now!  [also POTUS Clinton provided him with OSBL, RENDITION, And “PREPPING” for “STAND DOWN”] The MILITARY /CIA INTEL COMMUNITY LIED-Thanks General Michael Hayden, DCI—George Tenet and all the CONGRESSMEN AND SENATORS WHO GAVE US THE PATRIOTS ACT—Hillary Clinton, Max Baucus, Jim McDermott, Harry Reid,  (will post a couple links to start the research going)
Not one person in the Administration STOOD UP !!!
But here is the absurd commentary of the Bush Jr War:
  Steve Bucci , the military assistant to Former SEC DEF Rumsfeld,  now a Fellow at the Heritage Foundation:
“Action needed to be taken…. It was really in Iraq that al-Qaeda central died.. they got waxed.”
The only ones who got WAXED  were the AMERICAN PUBLIC,  THE INNOCENT IRAQI CIVILIANS and PAKISTANI CIVILIANS!!!!
Now it’s time to WAX the PERPETRATORS of the WAR:
This includes members of the military (other than General Shinseki who bravely disagreed with the likes of Rumsfeld) and intel communities who did not stand up and challenge the disastrous activities/policies of POTUS and his administration.
Dear AMERICANS, it’s time that we PROSECUTE THESE WAR CRIMINALS ACCORDING TO OUR AMERICAN CODE OF JUSTICE. 
These nefarious characters must relinquish all their personal gains from books, speeches and other unseemly activities and immediately REIMBURSE THE US TREASURY for their ill gotten gains.  And they must be held accountable for their crimes.
I am talking about the likes of General Tommy Franks, General John Abizaid, General Richard Myers as well as the names listed at the top of this blog.
  It’s also time for the Combat Veterans of Pakistan, Iraq, and Afghanistan to extract their measure of moral and military justice from these cowardly, crooked military and civilian leaders.   Clearly, they are the Benedict Arnolds of the 21st century.  Why aren't these traitors to our country's foundation/morality being held accountable for their crimes against our once great nation?  Why are we allowing our legal system to be corrupted by the same individuals who should be prosecuted?   I can only hope that my blogs will help the decent citizen understand that we have been waxed by our own leadership and we are now paying a very high price.  Enough!

42 comments:

  1. MSNBC did a documentary last month called "Hubris: The Selling of the Iraq War." It's the usual stuff.

    What have we gained for all of those trillions of dollars spent. Less than nothing! We changed the Iraqi government from Sunni and to Shia, and it's now closer to Iran. We were told that Iraqis would greet us as liberators--what b.s. We left the place with hardly a military base to show for it. If it was a war for oil, why didn't we at least get that?

    Not only does the government lie, but it's becoming clear that bankers lie and there are no penalties for it. Heck, we give them free money. Zero Hedge is running stories like, "In U.S. Banking, It Pays To Lie."

    Oh, and they're coming for your guns. You can trust the government. They're buying 1.6 billion bullets and holding military exercises in Miami and Houston to fight a disarmed populace. Makes perfect sense, doesn't it?

    We're a bankrupt country, without any truth and justice. Why didn't anybody talk about THAT at CPAC? Politics are just a joke.

    Who's gonna prosecute these guys, Dr. Pieczenik? The Republican? Obama and his Democrats, who are in just as deep?

    We were taken for fools, and they've bankrupted us.

    I'm mad!

    ReplyDelete
  2. Oh, and we cleansed Iraq of Christians and Zoroastrians and other religions. For only a few trillion--what a bargain!

    >>>Steve Bucci , the military assistant to Former SEC DEF Rumsfeld, now a Fellow at the Heritage Foundation:<<<

    How is it that these criminals stay around and still draw paychecks? For those who don't know, I used to be a member of the Heritage Foundation. Last year, I asked to speak to someone and help honor the 200th anniversary of "Uncle Sam." The first appearance was in an anti-war letter in 1812, although the image would eventually be used for war recruiting posters! No one at "Heritage" would even talk to me, so I told them to cancel my membership immediately and to never, ever contact me again.

    FWIW, here's a term for St. Patrick's Day:

    Irish Handcuffs

    ReplyDelete
  3. This war could only have happened with W. Bush as President, a dunce who bankrupted every company he ever had, never stuck with any job, was a belligerant alcoholic and coke-head until he discovered "Jesus," and then became a born-again warrior for God.

    As long as the electorate votes for people who have NOT TALENT of any kind, and NO VIRTUES to speak of, then disaster can happen.

    When the Germans and Soviets invaded Poland in 1939 70,000 Poles were killed, and the world blamed Germany alone, and branded the Germans monsters.

    In 2003 in the first six months 70,000 Iraqis were killed and the US and it's "coalition of the willing" were viewed with utter apathy.

    The disabled US veterans who served will live to be over 120 years old given future technologies, and the US tresury will be sending them checks every month. The total cost is too high to contemplate.

    When the Germans attacked Poland they deserved to pay a cost - a terrible cost, for their crimes and aggressions there. They did.

    IMHO every American owes a debt to the world, and to Iraq in particular, for this aggression.

    It's hollow to count the financial costs to Americans and be dismayed.

    The punishment America deserves for the torture, the rape, the poverty, the hopelessness, the meyhem and other horrors unleashed in these evils wars is beyond measure.

    ReplyDelete
    Replies
    1. he was duped by Cheney's deception.

      Delete
    2. Oh please....

      W Bush used to keep a board in his desk with pictures of twenty or so people he wanted to kill so that when he'd heard they were dead he could put an X over their picture.

      That's the kind of "Christian" W. Bush is.

      As for Cheney being the mastermind, remember W. Bush was also listening to Rice and Rumsfeld and a whole lot of other people. To lay these many things at the feet of Cheney alone is silly.

      I've interacted with "W" several times, principally at the prayer breakfasts on Wednesday mornings at the Tarrytown Methodist Church here in Austin when he was governor. I know so many people who know him I could write a phone book.

      Delete
  4. I'm no fan of Archbishop Desmond Tutu, but as far as I know he's the only person who advocated for the International Court of Justice to act versus President W. Bush for crimes of aggression and war crimes.

    There's no reason why people like Malosovic and Charles Taylor should sit in the dock in the Hague and W. Bush is without any jeopardy whatsoever.

    Unfortunately the idea of "world government" and "international institutions" only apply to small, weak countries. If a country is strong enough they can get away with anything.

    This is why I am opposed to international governance.

    The international system must remain anarchic because whoever controls international institutions will be corrupt.

    Anarchy is the only freedom we can hope for in the final analysis.

    ReplyDelete
    Replies
    1. Furthermore I think Lucian Pye would agree.

      =o)

      Delete
    2. I think anarchy is a terrible idea on any level, and globalism is international corporate fascism. The most important concept to maintain is national sovereignty and international cooperation between sovereign nations.

      Delete
    3. Anarchy in the international system isn't what you assume. Anarchy is merely the absence of international government. It is what has always existed. The problem with it has been that it allows for conflict, and for criminals to escape justice in one country by moving to another. In theory international organizations are intended to suppress conflict and criminality by imposing order between countries and among individuals. However this doesn't work when the authorities involved are criminal themselves, and to subvert the peaceful charters of international institutions intended for peace.

      Delete
  5. This comment has been removed by the author.

    ReplyDelete
    Replies
    1. Unfortunately, the U.S. has lost its sovereignty. We have become the military arm of the British Empire, and we are doing their will which is to break up all the nation states of the world, including Russia, China and the United States, and extablish complete imperial domination of the planet. The plan is to kill off about 6 billion useless eaters in the process. Only those who dedicate their lives every day to overthrow the Empire deserve to be called patriots. The Revolution is now! Join us!

      Delete
    2. If the revolution is to be against the British control of the US financial and political systems then you're fighting a mirage.

      Delete
  6. You know I've gotta say Dr.P I agree with your commentary 100 percent. However what the US has done is not that different in my opinion from what it's done in many instances before. From the Vietnam war to the Mexican war to the Civil war to the war with Spain....

    In various times there have been war-mongering parties which have gained the upper hand and have lead the nation into blood-soaked and completely unwarranted aggressions.

    This is just an enduring, on-going fact of the BASIC AGGRESSIVE NATURE OF AMERICAN SOCIETY.

    It's not so much an exception as perhaps the rule.

    ReplyDelete
  7. And I'm fully aware that Americans don't conceive of themselves as aggressors, however neither does anyone else in the modern age whose conducted naked aggression.

    In every instance the aggressor always has a rationalization or some self-deluded doctrine to explain away why what's obviously simple aggression is really something else.

    At the heart of American society is a given assumption that it's America's place in the world to shape and mold it by means of violence, and when the indiginous peoples resist then there must be something evil about them and they need to be slaughtered.

    ReplyDelete
  8. The markets will CRASH THIS WEEK!

    THE ONGOING OBAMA PROBLEM: VENEZUALAN COUP d'ETAT:
    http://www.reuters.com/article/2013/03/17/venezuela-election-idUSL1N0C907A20130317

    HE IS A SICK SICK ARROGANT SOCIOPATH. Like all serial murderers he will not stop until he is caged.

    ReplyDelete
  9. The ORCHESTRATED COLLAPSE OF THE GLOBAL ECONOMY HAS BEGUN: WATCH YOUR INVESTMENTS DISINTEGRATE IN THE NEXT 90 DAYS!!
    http://canadafreepress.com/index.php/article/53842
    http://canadafreepress.com/index.php/article/53818
    http://canadafreepress.com/index.php/article/53832

    Enter Center Stage Right Orchestra---JEB Bush to the rescue America!!
    HAHAHAHAHAHAHA!

    Our geese and our future goslings have been pre-emptively OVERCOOKED AT THE STAKE!

    ReplyDelete
  10. Americans in war always blame their victims.

    It's almost comic how insanely idiotic American servicemen are when it comes to the locals who resist them

    When the Marines tried to enter Faluja they were met with fire from a militia. Pinned down for hours one Marine Officer said of the situation,

    "Once we started taking fire from these people and some of ours were hit that's when our attitudes changed about THE IRAQI PEOPLE."

    Can you imagine any group of servicemen could be so STUPID as to believe that the people they're invading have no right or reason to defend themselves?

    IMHO the American armed services are among the most evil and profoundly idiotic any nation has ever fielded.

    ReplyDelete
    Replies
    1. "How dare you try to hurt us! We came here to help you ignorant, dirty people!"

      Delete
  11. From the Guardian, linked on Infowars:

    MI6 and CIA were told before invasion that Iraq had no active WMD.

    So, while we were being told that WMDs in Iraq was a "slam dunk," while a presentation was made at the UN, it was all a lie.

    From Business Insider:

    When Will The Leaders Who Took Us To War In Iraq Finally Admit They Made A Mistake?

    They will NEVER admit that it was a "mistake." It sure would be nice to get all these criminals to testify under oath about lying to the American people. No one is too big to prosecute.

    ReplyDelete
  12. Maybe some of you saw this. LBJ had negotiated an end to the Vietnam War in 1968. Nixon contacted South Vietnam and told them not to take the deal and to wait until after the election. The war would drag on 7 more years and kill 15,000 Americans, for no reason. From the International Business Times:

    LBJ Tapes Show Richard Nixon May Have Committed Treason By Sabotaging Vietnam Peace Talks

    Can we elect an honest leader...ever?

    ReplyDelete
    Replies
    1. Treason is such an ugly word.

      It used to be the most serious of crimes because it meant plotting to depose the monarch, who was a thug, and to the monarch his/her status was the most important thing in the universe.

      Today I guess treason is acting on behalf of another power in conflict with one's own nation, or in this case acting to "sabotage" [to throw a wooden shoe] the efforts of one's own government in a matter of war.

      As for Nixon anything is possible I imagine. The guy had no problem slaughtering villagers by the thousands in Cambodia and elsewhere when he got frustrated. If ever there was a man who didn't get the attention he needed as a child is was that guy. He was a little on the insecure side.

      Delete
    2. After he left office he was in New York on 8th Avenue walking around with his Secret Service officer when they decided to stop into a sex shop. Nixon went to the counter and was shown the various toys on display and was explained by a clerk what they were and how they could be used.

      I would have loved to have witnessed that.

      =o)

      Delete
    3. The Cycle of destruction:
      Economic Depression, Currency Wars, Trade Wars, World War...

      Listen at 2hr 28min. or from the beginning:
      http://beforeitsnews.com/politics/2013/03/alex-jones-show-monday-3-18-13-gerald-celente-2502474.html

      Delete
    4. "...The basic story told by Friedman and Schwartz in “A Monetary History of the United States” was that the 1929 crash was indeed a serious crash. But it would not have led to the Great Depression without the Federal Reserve making some serious mistakes. Two of which were to allow the intertwined collapses of both the money supply and the banking system. Given that it is the banks that create credit and thus the wider money supply they are, to a great extent, the same thing."

      http://www.forbes.com/sites/timworstall/2013/03/17/cyprus-bailout-welcome-to-another-great-depression/

      Delete
    5. From: jim Sent: Monday, March 18, 2013 2:10 PM
      To: John Rolls
      Subject: Friday Night E.O.'s


      As usual, the Barack Hussein Gang releases E.O.'s on Friday nights. Here's the latest from 3.15.13.
      I looked up E.O. 12777 Sec. 4 to show what they are striking in its entirety. [shown at bottom]
      You will notice in Barack's E.O. that he delegates power to the Secretary of the dept. in which the
      Coast Guard is operating [now under DHS] that being Sec. Napalitano. Also that they act in
      consultation the Administrator, Sec. of Transportation, Sec. of Interior, & "Eric Holder". This smells bad.
      - Jim

      http://beforeitsnews.com/obama/2013/03/this-smells-bad-obamas-friday-night-executive-orders-2448832.html

      Delete
  13. Hillary exposed on Libya!

    http://www.thesmokinggun.com/buster/sidney-blumenthal/hacker-distributes-memos-784091

    ReplyDelete
  14. I'm hoping that MITMichael or any of the other commenters here can help me out with this question. Is there any credence to the claim that one of the major reasons we invaded Iraq was because Saddam had a scheme with the French and the Russians to topple the dollar and force the US out of the Middle East? I'm not sure if it's true but I've been seeing it mentioned a lot, just wanted to clear it up with you guys.

    ReplyDelete
    Replies
    1. Not possible, Reggie D.

      The US has a sovereign monetary non-convertible currency with a floating exchange rate. In addition, the US dollar is the reserve currency globally.

      A sovereign monetary non-convertible currency means that we denominate our debt in our own currency, unlike the EU members who gave up their sovereignty to embrace a foreign currency, the Euro, controlled by unelected officials at the European Central Bank (ECB). The ECB is like the Fed; however, the ECB does not have a governing oversight body of a federal government that issues fiscal policy. (Not that the idiots in Congress have done anything with intelligent fiscal policy since Obama came into power; they're too busy punishing him for being the black guy in the White House, and he's too busy accommodating them. Obama is also ignorant of how the federal monetary works, just like Reagan, Clinton, and Bush Jr.)

      France, once it gave up its French Francs, is now like Florida. It can't denominate debt in its own currency. It can't make any. It can't create fiscal policy to benefit its own people. It has to earn revenue, just like every state and local govt, before it can spend (unlike the US federal govt). France threw away the towel.

      No one can topple the US dollar as long as we remain sovereign. That's what Richard Nixon did for us on August 15, 1971; oddly enough, because France was trying to steal our gold at $35/ounce. We were off the gold standard domestically since 1934, but internationally we still made payments in gold until Nixon nixed it in 71. Only reason why we never had it explained to us and what it meant was because Watergate intervened (and I'm beginning to think it was arranged that way). To this day, 98% of Americans do not grasp the power of what it meant in terms of prosperity. Only traders and bankers understand it, so they replaced the industrial capitalism that would have made out nation and people even more profitable with finance capitalism and destroyed the American way of life.

      Delete
    2. In his 2008 trip to China Secretary of the Treasury Paulson was told by the Chinese that they had declined a Russian offer to sell off US Treasury bonds and sink the US economy.

      The US is vulnerable to any real effort by the Chinese and Russians, but no such effort has been attempted because they don't want to do it.

      The Chinese and Russians need a healthy US economy.

      Delete
    3. More to the point of the motive for the Iraq invasion....

      No "conventional" analyst has been able to identify the reason.

      We know it wasn't WMD's, or any of the other pretexts.

      I personally know people connected to the players and can tell you EXACTLY what the purpose was.

      The purpose of those who created the pretexts was to destroy the Iraq ba'ath party because it was the greatest threat Israel has faced since Camp David went into effect after 1978.

      The Iraqi ba'ath was much like German National Socialism in many respects, including anti-semitism and anti-Zionism.

      The Israelis supported Iran in their war to topple the ba'ath from 1981 onwards, but that obviously ended before 1990. Then Iraq was hobbled by the sanctions they struggled with after the 1991 war....

      HOWEVER...

      The sanctions were old and were in the process of being dismantled, and this left Israel with an un-contained and extremely wealthy and hostle Iraq.

      Then W. Bush came alone and Israel's plans to use the US to invade Iraq directly came into being.

      The Israeli's have been extrememly lucky (if that's the word) in that since Iraq became wealthy from oil in the 1970s one disasterous event after another has happened to keep Iraq preoccupied or taken down. For the Iraqis it's been a series of unfortunate events but for the zionists it's been unbelievably good fortune.

      Delete
    4. MITMichael,

      "In his 2008 trip to China Secretary of the Treasury Paulson was told by the Chinese that they had declined a Russian offer to sell off US Treasury bonds and sink the US economy."

      (1) The hearsay is that's what China said.

      (2) Selling off foreign-bought US treasury bonds or bills does diddly squat to the US economy. In fact, it would improve it. See this chart and notice the symmetry. The green part is the foreign sector, held US dollars. Ideal is when the private is in surplus and the foreign and govt sectors are in deficit.
      https://twitter.com/deficitowl/status/247759626991448064/photo/1

      Now for paying off the National Debt.
      (3) When Walmart, Best Buy, and Target buy goods from China, they fedwire the money to China's checking account at the Fed.

      (4) China has three options: go on the open market and buy yuan to wire home; leave it in checking earning no interest (at least in those days); or buy the equivalent of a CD and earn interest.

      (5) If China wants an interest-bearing CD, it moves its money from checking to savings at the Fed, and buys a T-bill or bond.

      (6) When the T-Bill (security) comes due on the 15th of the month--as they have for 100 years--China either rolls it over, or cashes it out.

      (7) If China cashes it out, it moves its capital and interest back into checking.

      (8) The action of moving the money from savings to checking (this direction ONLY) is called "paying off the national debt." Nothing more complicated than that. And yes, the US govt pays the interest out of thin air. You never know if having those bucks sitting in Fed checking accounts wont induce them to buy some Boeings or wheat shipments, but we don't have to be that generous if we don't want to.

      (9) The word "debt" is an unfortunate term because we don't call cashing out our CDs at a local bank "paying off the bank's debt" but from a double-entry accounting POV and seen from the bank's POV that is what's happening.

      (10) The problem people have with understanding this is that "Public Debt" at the federal level is, in fact, PUBLIC MONEY, or National Equity, created because the federal government issues the currency (yeah, yeah, I know the federal reserve notes argument but that is a subset of what Congress authorized the central bank to do under the Federal Reserve Act).

      Debt to the 50 states and local govts, all businesses and households, and you and me, is real debt. We have to earn it before we can spend it.

      The Federal government is in no such position. When the fed govt creates a dollar and spends it, it is a 'debt' on its books. That is also why it can act counter-cyclically during a downturn with fiscal (national) policy to correct the economy...which the goddam bastards are not doing.

      And the correct fiscal policy to be enacting in this cold economy right now? Lower taxes and increase deficit spending to get income to the private sector which drives spending which creates sales which creates jobs which creates income, which creates spending, etc. Deficit spending levels will take care of themselves as the economy improves. (WWII deficit spending at 200% of GDP is proof positive of it) And if there's full employment and there's too much money chasing too few goods, creating or threatening inflation, then you increase taxes to drain the excess cash out of the system to cool the economy down. That's what they did in the 50s with the high tax rates on the ultra-rich to build the middle class. The gap between the ultra-rich and the middle class was kept low to increase prosperity for all.

      Delete
    5. And just to put a polish on this: Taxes are not used for revenue.

      They are like a bathtub plug to raise or cool down the economy, or to put it another way, they are a thermostat to cool or heat up an economy.

      That is there their only purpose.

      Read what Beardsley Ruml, wrote "Taxes For Revenue Are Obsolete" in 1946 to explain to the American people after the war what they didn't know before it as a result of the US going off the gold standard. I strongly suggest everyone reading thing bookmark this article and read it at some point.

      Ruml was the former Chairman of the Federal Reserve Bank of New York and published this in the periodical "American Affairs." This is what that pigfart Timothy Geithner either didn't know (which made him incompetent to have the job) or if he did know, makes him jail bait for the damage he did to the economy, both he and Eric Holder for not holding the CEO control frauds to account. THIS IS HOW IT WORKS, and Ruml more than anyone then, knew it.
      http://www.huffingtonpost.com/warren-mosler/taxes-for-revenue-are-obs_b_542134.html

      Delete
    6. Sorry for the weird typos and grammar strings, but this auto-corrector is on steroids and obviously drunk. Words seem to get changed after the fact and I don't notice it.

      Delete
    7. I wrote this above:
      "The Federal government is in no such position. When the fed govt creates a dollar and spends it, it is a 'debt' on its books. That is also why it can act counter-cyclically during a downturn with fiscal (national) policy to correct the economy...which the goddam bastards are not doing."

      I just want to be clear.

      If I'm the federal government and you're a power plant manufacturer and I want you to build me a new power plant in the Delaware Valley, I ostensibly create $10 billion in "money"--actually done on a computer spreadsheet--which I mark down on my books as a debt.

      I give you the money (again, by marking up your bank account via your bank's checking account at the Fed).

      The power plant you built for me, the federal government, becomes an asset on my books, and it all nets to zero.

      That is why this f**king obsession with the Federal debt and deficit is bullshit. It's one-half of the equation. A little bit of knowledge can be a harmful thing. What everyone is missing is how the rich bastards in this country, the ones running Wall Street are salivating to get their hands on the Social Security (Goldman Sachs, etc) and Medicare (Insurance) money, that's why they're trying to gut it. And they're scaremongering ordinary folk into going along with it. They're wetting their pants at the size of the Millennial generation that they can rob. This is smoke and mirrors, gang. First, they undid Glass-Steagall in 1998 or 99. Now they're going for the Big Kahuna.

      Every word coming out of Pete Peterson (sen?)'s mouth is a fantastic lie.

      Delete
  15. Dr. Pieczenik,

    A few hours ago, BBC Panorama did a show called "The Spies Who Fooled the World." It was the 10th anniversary of the Iraq War starting. Excoriates the perps without mentioning an Israeli or neocon, which remains the unspoken elephant in comments.
    http://www.bbc.co.uk/panorama

    I could watch it because I have a VPN (Witopia.net) that lets me log in as if I were in London. I'm sure this will hit YouTube soon. You're going to want to watch it.

    ReplyDelete
  16. Dr. P, tell us the David Wurmser story.

    ReplyDelete
  17. As I have suggested for other events, there were multiple purposes for the Iraq War (in no particular order):

    1. Oil, Iraq has huge proven oil reserves which potentially rival Saudi Arabia. Iraq's oil potential was relatively undeveloped as a result of two decades of sanctions and war (Iran-Iraq War) and it was anticipated American transnational oil companies would be able to penetrate Iraq's oil sector after the war, and to a large degree this has happened (but perhaps not as much as was hoped for).

    2. Israel, Iraq could put sand in the plans for Israel's regional dominance. Remember the neocons were pushing the hardest for an Iraq War. Weaken Iraq, possibly even fracture Iraq into three parts -- remember Joe Biden even suggested as much.

    3. Military contracts, the Iraq War was worth billions of dollars to military contractors and companies like Halliburton (this was known from the 90's Balkan Wars) , especially if it was prolonged with lots of infrastructure damage. Remember those no-bid contracts to Halliburton and others, plus the pallet of bundled & plastic wrapped hundred dollar bills, some say, many billions of cash shipped into Iraq to pay for 'reconstruction projects'.

    4. Preserve the Petro-Dollar, Saddam Hussein wanted to sell oil in Euros. The dollar is backed by oil because all major oil producers only sell in dollars, thus creating demand for the dollar and preserving its global reserve currency status (countries have to have dollars to buy oil).

    6. Private central bankers didn't want an Iraq (with its huge oil reserves) independent of the private central banker cartel centered in the West. Saddam Hussein's Iraq was independent of the private central bankers... and they didn't like that one bit (related to the Petro-Dollar).

    5. Training ground for jihadist mercenaries, the Iraq War was intentionally dragged out to allow for training mercenaries dressed up as jihadists (and for time to give out no-bid contracts like candy and weaken Iraq permanently). Afghanistan was too remote for large scale mercenary training of Middle Easterners, who could later be used against other countries like Libya and, now, Syria.

    6. Opening gambit for western hegemony of the Middle East and North Africa. 7 countries in 5 years as reported by general Wesly Clark in 2008 to get western hegemony of the Middle East.

    7. Perhaps, more speculatively, occult reasons, the West (Occidental) conquered the East (Oriental) and gained control of ancient Mesopatamia, a goal of the West since the time of the Roman Empire. In other words, symbolism of dominance of the East by the West. Elites believe in symbolism. Conquering Mesopatamia was symbolic, big time.

    One reason (supported by a special interest group or individual) usually isn't enough to get the ball rolling at the Globalist level. There needs to be a convergence of multiple reasons and for Iraq, there were multiple reasons (and special interest groups).

    I state this as a former supporter of the Iraq War... I believed what was told to the American People. I regret that support. The Iraq War was a blunder for the American People... but not for the special interest groups (they made out like bandits... or should I say, "gangsters").

    The Iraq War's protracted nature makes a lot more sense and puts the pieces of the puzzle together, if you consider the possibility the war was intentionally dragged out.

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  18. Another great Bill Black article:
    http://www.benzinga.com/economics/13/03/3424574/the-eu-needs-a-bill-seidman-to-save-it-from-itself-cyprus-and-the-reverse-to

    [He's also at neweconomicperspectives.org]

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  19. Watch Bill Black (Dr. William H Black) live:
    http://www.youtube.com/watch?v=N_AuvLTJNh0

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  20. http://m.motherjones.com/mojo/2013/03/iraq-war-richard-perle-npr

    http://wemeantwell.com/?wpmp_switcher=desktop

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    1. "I write this letter, my last letter, to you, Mr Bush and Mr Cheney.
      I write not because I think you grasp the terrible human and moral consequences of your lies, manipulation and thirst for wealth and power.
      I write this letter because, before my own death, I want to make it clear that I, and hundreds of thousands of my fellow veterans, along with millions of my fellow citizens, along with hundreds of millions more in Iraq and the Middle East, know fully who you are and what you have done.

      You may evade justice, but in our eyes you are each guilty of egregious war crimes, of plunder and, finally, of murder, including the murder of thousands of young Americans – my fellow veterans – whose future you stole....

      ...Your positions of authority, your millions of dollars of personal wealth, your public relations consultants, your privilege and your power cannot mask the hollowness of your character. You sent us to fight and die in Iraq after you, Mr. Cheney, dodged the draft in Vietnam, and you, Mr. Bush, went AWOL from your National Guard unit. Your cowardice and selfishness were established decades ago. You were not willing to risk yourselves for our nation but you sent hundreds of thousands of young men and women to be sacrificed in a senseless war with no more thought than it takes to put out the garbage....

      .. I did not join the Army to go to Iraq, a country that had no part in the September 2001 attacks and did not pose a threat to its neighbors, much less to the United States. I did not join the Army to “liberate” Iraqis or to shut down mythical weapons-of-mass-destruction facilities or to implant what you cynically called “democracy” in Baghdad and the Middle East. I did not join the Army to rebuild Iraq, which at the time you told us could be paid for by Iraq’s oil revenues. Instead, this war has cost the United States over $3 trillion. I especially did not join the Army to carry out pre-emptive war. Pre-emptive war is illegal under international law. And as a soldier in Iraq I was, I now know, abetting your idiocy and your crimes. The Iraq War is the largest strategic blunder in U.S. history. It obliterated the balance of power in the Middle East. It installed a corrupt and brutal pro-Iranian government in Baghdad, one cemented in power through the use of torture, death squads and terror. And it has left Iran as the dominant force in the region. On every level—moral, strategic, military and economic—Iraq was a failure. And it was you, Mr. Bush and Mr. Cheney, who started this war. It is you who should pay the consequences....

      ...I have, like many other disabled veterans, suffered from the inadequate and often inept care provided by the Veterans Administration. I have, like many other disabled veterans, come to realize that our mental and physical wounds are of no interest to you, perhaps of no interest to any politician. We were used. We were betrayed. And we have been abandoned. You, Mr. Bush, make much pretense of being a Christian. But isn’t lying a sin? Isn’t murder a sin? Aren’t theft and selfish ambition sins?...

      ...My day of reckoning is upon me. Yours will come. I hope you will be put on trial. But mostly I hope for your sakes, that you find the moral courage to face what you have done to me and to many, many others who deserved to live. I hope that before your time on earth ends, as mine is now ending, you will find the strength of character to stand before the American public and the world, and in particular the Iraqi people, and beg for forgiveness."

      http://www.truthdig.com/dig/item/the_last_letter_20130318/

      http://www.dailymail.co.uk/news/article-2297057/Tomas-Young-Dying-Iraq-war-veteran-Body-War-pens-letter-George-W-Bush-Dick-Cheney.html?ITO=1490&ns_mchannel=rss&ns_campaign=1490

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