Who wouldn’t want one of the world’s biggest pools of oil? From Richard Enos at collective-evolution.com:
- The Facts:Juan Guaidó, the 35-year-old leader of Venezuela’s opposition-controlled national assembly, recently declared himself president of Venezuela, as part of a globalist-backed coup in attempt to overthrow recently inaugurated president Nicolas Maduro.
- Reflect On:What are the ways in which we are continuing to condone these geopolitical activities? Are we having trouble separating Western propaganda from our basic human values?
The attempted coup taking place in Venezuela right now is very instructive for those seeking to better understand the current geopolitical power struggle, as it is one of the most transparent illustrations of the well-worn tactics employed by the forces behind Western hegemony.
Ideologies such as ‘socialism,’ ‘economic growth’ and ‘democracy’ continue to be bandied about in mainstream discourse with the highest degree of distortion. This is often intentional in order to justify political and military action that simply enriches the global elite at the expense of humanity at large. The problem is that much of the general public in the West continue to support these tactics by failing to see the thinly-veiled hypocrisy inherent in them.
The US government attempts yet another regime change. This won’t end any better than it’s other recent efforts. From Jessica Corbett at theantimedia.org:
(CD) — The Trump administration intensified its interference in politically-fractured Venezuela on Monday by announcing the seizure of billions of dollars in assets connected to the nation’s state-owned oil company, a move critics decried as part of a “dangerous” U.S. policy to help opposition forces overthrow elected president Nicolás Maduro.
National Security Adviser John Bolton and Treasury Secretary Steven Mnuchin announced the sanctions imposed via executive order against Petroleos de Venezuela, S.A. (PdVSA)—a primary source of income and foreign currency for the country—at a White House press briefing on Monday afternoon. They were joined by Larry Kudlow, director of the National Economic Council.
Mnuchin vowed the United States “will continue to use all of our diplomatic and economic tools” to back Juan Guaidó, who has declared himself Venezuela’s “interim president.” The secretary made clear that “the path to sanctions relief for PdVSA is through the expeditious transfer of control to the interim president or a subsequent, democratically-elected government.”
As in most dictatorships, or call it an authoritarian regime if you’d like, the military plays the essential role in Venezuela. From Patrick J. Buchanan at buchanan.org:
“Pay the soldiers. The rest do not matter.”
This was the deathbed counsel given to his sons by Roman Emperor Septimius Severus in A.D. 211.
Nicolas Maduro must today appreciate the emperor’s insight.
For the political survival of this former bus driver and union boss hangs now upon whether Venezuela’s armed forces choose to stand by him or to desert him and support National Assembly leader Juan Guaido.
Wednesday, Guaido declared Maduro’s election last May to a second six-year term to be a sham, and had himself inaugurated as acting president.
Thursday, the defense minister and army chief General Vladimir Padrino Lopez, with his top brass, dismissed the 35-year-old Guaido as a U.S. puppet, and pledged allegiance to Maduro.
Friday, Secretary of State Mike Pompeo told the U.N. Security Council: “Now it is time for every other nation to pick a side. … Either you stand with the forces of freedom, or you’re in league with Maduro and his mayhem.”
By Friday, however, the world had already taken sides.
Posted in Civil Liberties, Collapse, Currencies, Debt, Foreign Policy, Geopolitics, Governments, History, Military
Tagged China, Nicolas Maduro, Russia, Sanctions, Venezuela
Europe is on edge, trying to figure out what the crazies in Washington are going to do next. From Tyler Durden at zerohedge.com:
Nearly five years after the Crimean crisis and subsequent western sanctions on Russia, Europe is increasingly “losing the appetite for punishing actions against Moscow,” writes Bloomberg in a new report suggesting investors are impatiently waiting for clarity on Russia as its economy enters bunker mode. Even willing European companies are now “starved of financing” on the mere threat of more punitive measures to come.
However, it’s precisely the psychological uncertainty of more looming US sanctions as lawmakers make continued threats over accusations of Russian meddling in the 2016 presidential elections that’s part of Washington’s arsenal. And when sanctions are handed down, it’s further the cloudy ambiguity in terms of what’s targeted when that produces a chilling effect: “The most effective sanctions are the ones that aren’t entirely clear, because the lack of clarity has a chilling effect on investment,” Frank Schauff, chief executive officer of the Association of European Businesses in Russia, told Bloomberg. He cited one sanctions law passed by Congress last year that has absurdly confusing language saying particular actions “will be in place for a long, long time.”
Posted in banking, Business, Foreign Policy, Geopolitics, Governments, Law, Politics, Trade
Tagged European banks, President Trump, Russia, Sanctions
The new normal is imposing sanctions on a country for complying with an agreement your country signed with them. From Ron Paul at ronpaulinstitute.org:
It’s not often that US Government officials are honest when they talk about our foreign policy. The unprovoked 2003 attack on Iraq was called a “liberation.” The 2011 US-led destruction of Libya was a “humanitarian intervention.” And so on.
So, in a way, Secretary of State Mike Pompeo was refreshingly honest last week when, speaking about newly-imposed US sanctions, he told the BBC that the Iranian leadership “has to make a decision that they want their people to eat.” It was an honest admission that new US sanctions are designed to starve Iranians unless the Iranian leadership accepts US demands.
His statement also reveals the lengths to which the neocons are willing to go to get their “regime change” in Iran. Just like then-Secretary of State Madeleine Albright said it was “worth it” that half a million Iraqi children died because of our sanctions on that country, Pompeo is letting us know that a few million dead Iranians is also “worth it” if the government in Tehran can be overthrown.
The prime objective of sanctions against Russia and China is to protect American industry and defense contractors. From Pepe Escobar at atimes.com:
A crucial Pentagon report on the US defense industrial base and “supply chain resiliency” bluntly accuses China of “military expansion” and “a strategy of economic aggression,” mostly because Beijing is the only source for “a number of chemical products used in munitions and missiles.”
Russia is mentioned only once, but in a crucial paragraph: as a – what else – “threat,” alongside China, for the US defense industry.
The Pentagon, in this report, may not be advocating total war against both Russia and China – as it was interpreted in some quarters. What it does is configure the trade war against China as even more incandescent, while laying bare the true motivations behind the sanctioning of Russia.
The world is finding ways to get around the US’s currency and its payment mechanisms. From Brandon Smith at birchgold.com:
Blind faith in the U.S. dollar is perhaps one of the most crippling disabilities economists have in gauging our economic future. Historically speaking, fiat currencies are essentially animals with very short lives, and world reserve currencies are even more prone to an early death. But, for some reason, the notion that the dollar is vulnerable at all to the same fate is deemed ridiculous by the mainstream.
This delusion has also recently bled into parts of the alternative economic movement, with some analysts hoping that the Trump Administration will somehow reverse several decades of central bank sabotage in only four to eight years. However, this thinking requires a person to completely ignore the prevailing trend.
Posted in Business, Collapse, Currencies, Debt, Economics, Economy, Eurasian Axis, Geopolitics, Governments, Money, Politics, Trade
Tagged BIS, China, Dollar, Europe, IMF, Iran, Russia, Sanctions, SWIFT