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The mercenaries (Alblak Water) Enharon Eagles playing dozens of civilians to protect elements of the CIA and Mossad .. وتلميحٍ أمريكي لالغاء ترخيص المالكي قبل المساس بسفاحيهم..!؟ Tip American and to cancel a license before Maliki prejudice Bassvaristiam ..! ? – تقرير مصوّر خاص بالرابطة Special Report-photographer Association

Name of God the Merciful

مجزرة أخرى ترتكب بوضح النهار وعلى أيدي مرتزقة الاحتلال وسفاحيه المأجورين, وأمام مرأى القاصي والداني, لتراق دماء النساء والأطفال دون ذنبٍ إلا امعاناً واستهانةً بالدم العراقيّ واستهانة بكلّ ما فيه.. Another massacre committed clarity day and at the hands of the occupation and mercenaries hired Svaristia, before the sight of the people Much of the blood is being shed women and children without guilt, but persistent disregard for Iraqi blood and disregard everything it .. هؤلاء القتلة الذين اعتادوا أن يرتكبوا جرمهم الفاحش دون رادع أو خوف لعلمهم أنهم بعيدين عن أيّةِ مساءلة قانونية أو محاسبة بعد أن أصدر سيء الصيت بريمر دستوره القائم على شعار: “اذبح العراقي ولا تبالي, فلا محاسبة ولا قانون ولا مساءلة ولا هم يحزنون..!”. Those killers who used to commit offense outrageous unchecked or fear the knowledge that they are far from any accountability legal or accounting after the infamous Bremer constitution based on the slogan: “kill Iraqi nor indifferent, it does not Accountability Act does not accountable and they grieve ..! . “

إن ما جرى في ساحة النسور وسط بغداد الأحد الماضي, على يد هذه المافيات التابعة لشركات الحماية الأمريكية من جريمة مروعة ذهب ضحيتها عشرات القتلى والجرحى من المدنيين, من ليس لهم لا ناقة ولا جمل سوى حظّهم العاثر الذي جعلهم يتواجدون بقرب مصفحات عصابات الـ بلاك ووتر التابعة لجيش الاحتلال, المعروفة نشاطاتها الصهيونية وعملياتها التخريبية, تلك التي امتهنت الارهاب والعنف المنظم منذ اليوم الأول لتواجدها, لتعكس هذه الجريمة صورة جليّة لما يحدث على أيدي هذه الفرق التي أضحت تتصرّف كميليشيات لعصابات القتل, ترتكب مجازرها بشكلٍ يومي في بغداد وبأرجاء العراق كافة, وما هذه المجزرة إلا غيض من فيض جرائمها التي لا تعدّ ولا تحصى, من نهبٍ وسرقة وتفخيخ واغتيالات وحماية للمجرمين ودعم للاحتلال ومساندة للموساد وكلّ من أتى بأجندة هدفها تدمير العراق.. What happened in the yard Eagles central Baghdad last Sunday, at the hands of these mafias of the protection of American companies horrific crime, the victims killed and wounded dozens of civilians, who have no camel do not only their luck by them home located near the armored gangs of Black Water the occupation army, known Zionist activities and subversive operations, which gives terrorism and organized violence since the first day of their presence, to reflect this crime clear picture of what is happening at the hands of teams that have become acting militia gangs to murder, committed massacres on a daily basis in Baghdad and defer all Iraq, and this the massacre only the tip of the iceberg crimes innumerable, from the looting and theft, trapping and assassinations and the protection of criminals and support of the occupation and in support of the Mossad and all came from Istanbul goal destroy Iraq ..

لقد برزت هذه المافيات وعلى رأس قائمتها شركة الحماية الأمريكية – بلاك ووتر – أو الماء الأسود والتي يقدّر عددها بعشرات الآلاف والمدعومة من السفاح ( تشيني وزمره من عصابات التطّرف الأعمى ) والمزودة بأحدث الأسلحة والآليات والمروحيات, وتتخذ شركاتها من بغداد ومحافظات أخرى مقارّ لنشاطها المشبوهة وتجند آلاف المرتزقة من مجاهل أفريقيا إلى غابات الأمزون بهدف حماية المسؤولين والسفارات والجواسيس وعتاة المجرمين, وما العراق إلا أرضاً خصبة مستباحة لجني الثروات الطائلة والملايين المنهوبة من قوت الشعب العراقي وتنفيذ أجندات معادية لم تعد خافيةً على السذّج, وسط تآمر وصمت حكومي مطبق وقانون يرفعُ القتلة ويمنحهم الحصانة ويعاقب المواطن العراقي المظلوم.. These mafias have emerged at the top of the list of America’s protection-Black Water – or black water of the estimated tens of thousands and supported by the killer (Cheney and the clique of extremist gangs blind) and equipped with the latest weapons and machinery and helicopters, and take their firms from Baghdad and other governorates headquarters for suspicious activity and recruit thousands mercenaries from the jungles of Africa to the Amazon forest in order to protect officials and embassies and spies and hardened criminals, and Iraq only fertile ground Mestbaha to reap enormous wealth and millions lost from the Iraqi people and strengthened the implementation of a hostile southern no longer invisible to Dupes, amid silence and ordered government applied the law raises and gives them immunity killers punished Iraqi citizens oppressed ..

فهل يعلم العراقيون أن المجزرة ارتكبت من أجل حماية موكبٍ لعناصر المخابرات الأمريكية والموساد الاسرائيلية, وبدافع من الهلع والخوف من تعرضهم للاستهداف فتح هؤلاء القتلة عن عمد النار على الأبرياء الذين راحوا ضحية هذا الجرم والذي قدّر عددهم بالعشرات وليس كما أشيع أنهم قتلوا 11 مدنياً, لأن شهود العيّان صرحوا بمقتل أكثر من 50 عراقياً بينهم أطفالاً قضوا نحبهم بمشافي الكاظمية واليرموك والأعظمية.. Will the Iraqis know that the massacre was committed in order to protect the convoy elements of the CIA and the Israeli Mossad, and motivated by panic and fear of being targeted opening those killers deliberately fire on the innocent people who were victims of this offense and that number was estimated at dozens and not as rumors spread that killed 11 civilians, because witnesses eyewitnesses stated that the killing of more than 50 Iraqis, including children who perished Bemshafi Kazimiya and Yarmouk and hung ..

أقوال شهود العيان..! Statements eyewitnesses ..!
وجاء على لسان أحد من شهد المجزرة قائلاً: According to the one witnessed the massacre, saying:
“مات ابني في مستشفى الجملة العصبية, لقد حملته إلى مستشفى اليرموك وقالوا لي إن رأسه مفتوح، وعليك أن تأخذه إلى مستشفى الجملة العصبية، ومات في هذا المستشفى. وأنا أعرف أناس ماتوا بمستشفيات الأعظمية. ولقد قدمت الشكوى (القانونية) في الكاظمية، وهناك ناس قدموا شكواهم بالأعظمية. لقد هرب الناس من مكان الحادث بسرعة (إلى أماكن متعددة). أرادوا أن يهربوا فقط. فالعدد الحقيقي (للضحايا) لا تستطيع أن تعرفه في مستشفى اليرموك وحده، لأن الناس اتجهت إلى مناطق سكناها لتهرب من هذا الجحيم الذي حدث”…! “My son died in a hospital neurological sentence, his campaign has to Yarmouk Hospital, told me that his head open, and you have to take to a hospital neurological sentence, and died in the hospital. I know people who died hospitals hung. We have submitted the complaint (Legal) in Kazimiya, and there are people Balazemih filed the complaint. people have fled from the scene quickly (to multiple locations). just wanted to flee. the real number (of the victims) can not know at Yarmouk Hospital alone, because people tended to areas of residence to escape the hell that happened. ” ..!

بينما قال “أبو محمد” الذي فقد هو الآخر ولده في الحادث نفسه: “هذا هو اليوم الثاني لعزاء ابني ودمه ما زال بين يدي. إن الذين قتلوا يتجاوز عددهم الـ 50 ممن رأيتهم بعيني, الناس الآن لا يعزوني بمقتل ابني، وإنما يهنئونني بالسلامة, وهذه سيارتي فيها وحدها ثلاثين رصاصة، وقد كنت بعيدا عنهم 50 مترا، وأمامي كثير من الناس قتلوا”…! While he said “Abu Mohammed” who lost another son in the same incident: “This is the second day of my son and comfort his blood is still in the hands. Those who killed more than 50 who saw them with my own eyes, people now do not Yazzoni killed my son, but extended safety, These two are only thirty bullet, I was released 50 meters away, and I have many people killed “…!

فأي ذنبٍ ارتكب هؤلاء لينحروا قرباناً لعناصر الموساد والمخابرات وبهذا الشهر المبارك..؟ Any wrongdoing committed these Enharwa offering elements and the Mossad intelligence and this holy month ..? لتلحقها طامة تصريح الناطقة باسم السفارة الأميركية في بغداد ميرامبي نانتونغو, والتي بدورها أرادت التملّص بقولها: “لن أناقش ما قاله الشهود أو ما لم يقولوه، فهذا غير عادل لجميع أطراف القضية، فلندع التحقيق ينتهي أولا”, فهذه قضية معقدة وهناك تساؤلات عديدة حول القوانين والتنظيمات التي ينبغي تطبيقها..!” To inflict basket statement speaking for the American embassy in Baghdad Mirambi Nantongo, which in turn wanted to evade by saying: “I will not discuss what the witnesses say, or what not, this is not fair to all the parties to the case, let the investigation ends first,” This issue is complex and there are many questions about the laws The organizations that should be applied ..! “

كما رفضت تحديد الملابسات التي رافقت المجزرة أو الأعداد المتوفرة عن ضحاياها, لنشهد عدالة الاحتلال وانتهاكاته “الدم قراطية” بأبشع صوره المنافية للاخلاق والداعمة لارهاب الشعوب ولوي عنق الزجاجة حماية للقتلة والسفاحين التابعين لها.. It also refused to identify the circumstances surrounding the massacre or numbers available on the victims, to see justice occupation and violations “of blood Cratih” most brutal form against morality and supporting terrorism peoples and Louis bottleneck protection of murderers and thugs personnel ..

تصريحات المالكي المضحكة..! Maliki’s ridiculous ..!
من المضحك والمبكي بآنٍ واحد تصريحات المالكي الناريّة واصداره (كما قيل) إلغاء عقد شركة هذه المافية, فالجريمة كانت على أعين الشهاد, وبالطبع بعد خيباته المجللة فهو بحاجة لفرقعة اعلامية لتحسين صورته المشوهة, كونه لا يبالي سوى لمَ يسوقه الاعلام, لأنّ الدم العراقي الذي يريقه أتباعه وميليشياته يومياً أضعاف ما قتله هؤلاء المرتزقة ولم يرف له طرف عين, ولكن جاءت لطمة البيت الأسود لتذكّره أنه مجرّد أجير رخيص ليس إلا, بعد أن أطلق أحد المسؤولين الأمريكيين تصريحاً نارياً آخر مهدداً بالغاء ترخيص المالكي قبل إلغاء ترخيص شركاتهم الأمنية, ناهيك عن تكذيب تصريحاته, كون الشركة لم تستلم أي تبليغٍ لالغاء عقدها أو المساس بها..؟ Wailing and the ridiculous that one’s Maliki firearms and issued (as was) holding company cancel this mafia, crime was Shehad eyes, and of course after Khipath Almejllah It needs to gaining information to improve its image distorted, it is not indifferent not only driven media, because the Iraqi blood Erich his militia followers and daily times as murderers those mercenaries did Werff Party appointed him, but came to blow Black House for a reminder that just Wajir not only cheap, having fired one shot quoted American officials threatened to cancel another license Maliki before abolishing license their security, not to mention the lie to statements , the fact that the company has not received any communication to cancel or held intact ..?

وبعد أن نشر الاعلام تفاصيلاً عن المجرزة.. After the publication of details about the information into .. بشفافية شديدة, انزعج بوش من الحادث واعتذرت رايس وقُرر ارسال لجنة خاصة, ليس لمعاقبة الجناة, حيث استبعد قاض أمريكي بارز وقوف عناصر شركة – بلاك ووتر – أمام القضاء العراقي، بل أن اللجنة المعنية هدفها تقديم توصيات مشتركة حول السياسة المتبعة بما فيها اقتراحات محددة لتحسين الإجراءات الأمريكية والعراقية الخاصة بعناصر الأمن المرتبطين بالحكومة الأمريكية..! Transparency is severely disturbed Bush of the incident and apologized Rice decided to send a special committee, not to punish offenders, where a judge ruled prominent American and parking components company-Black Water-front of the Iraqi judiciary, but that the Committee on the common goal to make recommendations on policy, including specific proposals to improve procedures American and Iraqi special security elements associated with American government ..! لتعود بعدها هذه العصابات لممارسة نشاطاتها الاجرامية بدعمٍ أمريكي وموافقة من الحكومة العراقية..! Back then these gangs to exercise criminal activities with American backing and approval of the Iraqi government ..! فيا للعدالة المطلقة وللشفافية في التعامل مع الانسان العراقي الذي مزّقت أشلاؤه وتناثرت على قارعة الطريق من أجل حماية ذابحيه..! What absolute justice and transparency in dealing with the rights Iraqi Ashlaeh shattered and scattered on the road in order to protect Zabihya ..!

ليسدل الستار على مجزرة جديدة ارتكبها الاحتلال وأذنابه, بتماهى حكومة العمالة الرابعة التي تراجعت عن تصريحاتها الاعلامية, والتي خرجت برصيدٍ جديد من العار والشنار وفقدان للسيادة والقرار وإهانةٍ جعلت من المالكي قزماً ذليلاً حين اعتبر ساسة البيت الأسود, المرتزق الأمريكي أفضل مكانة لديهم منه ومن أقطاب حكومته, كما سيثبت التحقيق العادل أن هؤلاء المرتزقة كانوا على حقٍ بنحر هؤلاء الأبرياء لأنهم كانوا ارهابيين ويستحقون الموت, وكان اجراءاً احترازياً ودفاعاً عن النفس.. To draw the curtain on the new massacre committed by the occupation and henchmen, Pettmahi government employment declined for the fourth pronouncements briefing, which emerged with a new shame and disgrace and the loss of sovereignty and an insult resolution and made Maliki dwarf Dalila while politicians consider Black House, the American mercenary better place with him and his government moguls , and the investigation will prove just that these mercenaries were right Benar those innocent because they were terrorists and deserve death, and the action was precautionary and self-defense ..

وإن تأمل المواطن العراقي المنكوب, في القضاء العراقي العادل من أجل أخذ حقوقه والاقتصاص من قتلته, فليتذكر عدالتهم ونزاهتهم ووطنيتهم المفرطة التي حاكمت الوطنيين وتركت الرعاع السفاحين ورقص قضاتها على جثث الموتى, ومن خدماتهم الجليلة لا تقدّم إلا للاحتلال ولجارة السوء والحقد, ليوقن بعدها أن القضاء العراقي الزائف كزيف حكومة القتل وتحريرها المزعوم على يد غاصبي العراق, أكبر كذبةٍ عرفها التاريخ وما حدث على يديها أفظع مجزرة سيبقى التاريخ يسطّر فصولها المجبلة بالدماء.. Although hopes Iraqi citizens afflicted, in the Iraqi judiciary is just for the rights and law and killed, remember Aadaltham, integrity and patriotism excessive prosecuted national and left mobs killers danced judges on the dead bodies, and solemn services provide only neighbor to the occupation and evil and hatred, to be confident after elimination false Kzev Iraqi government and Liberation alleged killings at the hands of Gaspe Iraq, the biggest lie in history and what happened to her worst massacre history will remain controlled chapters Elmejblah blood .. تلك التي إن لم يرف لدعاة المظلومية طرفاً لها ولم تحرّك ضمائرهم الميتة قيد نملة, فهي عند الله عظيمة عظيمة وعدالته لن تفلت الظلمة وكلّ من لوثوا أيديهم بدماءنا والحساب قادم لا محالة وألا لعنة الله على الظالمين.. Those that did Werff advocates Almazloumeh party have not moved their consciences dead under ants, when God is great great and fairness will not escape the darkness and all of the tainted blood hands and the account is inevitably coming, but the curse of Allah on the wrong ..

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Berlin Says US and France Guilty of Hypocrisy
German Foreign Minister Frank-Walter Steinmeier opposes French calls for European Union sanctions against Iran. He will back up his case with German Foreign Ministry data showing that leading French and American companies are conducting large amounts of business with Iran.

REUTERS
Employees work at Iran Khodro’s joint venture assembly plant with France’s Renault near Tehran. Germany is to accuse France and the US of hypocrisy over sanctions against Iran.

German Foreign Minister Frank-Walter Steinmeier is to oppose French calls for European Union sanctions against Iran and is planning to back up his case with evidence of French and American hypocrisy over sanctions against Iran.

According to information obtained by SPIEGEL, the economics department of the German Foreign Ministry has collected revealing data which Steinmeier will use to back up his argument against EU sanctions.

Several French companies in the automobile, energy and financial sectors — including Peugeot, Renault, Total, BNP Paribas and Societé Générale — have hardly reduced the level of business they do with Iran, according to the Foreign Ministry data. German exports to Iran, in contrast, have dramatically declined.

Even more explosive is the data that reveals US hypocrisy over sanctions. The German Foreign Ministry accuses American firms of bypassing the boycott against Iran, which has been in place since 1979, by creating front companies in Dubai to carry out their business. German politicians have long internally accused the United States of knowingly tolerating the practice.

The differences in how strictly sanctions are applied by different countries has led to “German firms being pushed out of the Iranian market,” a high-ranking source in the Foreign Ministry told SPIEGEL.

Steinmeier is due to meet with the foreign ministers of the five permanent members of the United Nations Security Council — the United States, France, China, Russia and the United Kingdom — on Friday on the sidelines of the UN General Assembly in New York. In what are expected to be heated discussions, the six countries will consider imposing additional sanctions on Iran over its nuclear program.

The US and France are pushing for a third Security Council sanctions resolution against Iran, to expand upon the existing two rounds of sanctions, which are mainly aimed at stopping the sale of nuclear-related technology to Iran and preventing dealings with the state bank and other organizations. Iran insists it is only interested in developing nuclear energy for civilian use, but the international community suspects it of pursuing nuclear weapons.

If this week’s talks fail, French President Nicolas Sarkozy has proposed that the European Union impose additional sanctions of its own on Iran — a move that the US supports but Berlin opposes.

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Sarkozy repeated his calls for tougher sanctions against Iran in an interview with the Monday edition of the New York Times. He predicted that increased sanctions “eventually will produce results” in persuading Iran to curb its nuclear activities. He added that other punitive measures must be pursued together with other European countries.

Sarkozy also said that France was asking its own companies “to refrain from going to Iran.” Paris has already urged French oil giant Total and gas firm Gaz de France not to bid for new projects in Iran and has also urged French banks to stop doing business there, he explained.

The new calls come one day before Iranian President Mahmoud Ahmadinejad is due to address the UN General Assembly. In an interview with the American television network CBS on Sunday, Ahmadinejad played down the fears of war which were recently stoked by hawkish comments by the French Foreign Minister Bernard Kouchner (more…). “It’s wrong to think that Iran and the US are walking towards war,” he told the broadcaster. “Who says so? Why should we go to war? There is no war in the offing.”

dgs/spiegel

http://www.spiegel.de/international/world/0,1518,507443,00.html

 Nous revenons sur un intéressant article du Sunday Times de Londres du 23 septembre, dont nous parlions déjà hier.

Il s’agit de quelques détails sur la mise en place d’un groupe autonome de l’USAF, dit Project Checkmate, chargé, — ou qui s’est auto-chargé? — de préparer un plan de campagne aérienne contre l’Iran.

«The United States Air Force has set up a highly confidential strategic planning group tasked with “fighting the next war” as tensions rise with Iran.

»Project Checkmate, a successor to the group that planned the 1991 Gulf War’s air campaign, was quietly reestablished at the Pentagon in June.

»It reports directly to General Michael Moseley, the US Air Force chief, and consists of 20-30 top air force officers and defence and cyberspace experts with ready access to the White House, the CIA and other intelligence agencies.

»Detailed contingency planning for a possible attack on Iran has been carried out for more than two years by Centcom (US central command), according to defence sources.

»Checkmate’s job is to add a dash of brilliance to Air Force thinking by countering the military’s tendency to “fight the last war” and by providing innovative strategies for warfighting and assessing future needs for air, space and cyberwarfare.

»It is led by Brigadier-General Lawrence “Stutz” Stutzriem, who is considered one of the brightest air force generals. He is assisted by Dr Lani Kass, a former Israeli military officer and expert on cyberwarfare.»

D’autre part, le Sunday Times nous donne quelques précisions sur un aspect plus “politique” de Project Checkmate, avec surtout la suggestion des rapports de cette équipe avec CentCom (le commandement qui chapeaute la zone comprenant notamment l’Irak et l’Iran et qui serait en charge d’une attaque éventuelle):

«Checkmate’s freethinking mission is “to provide planning inputs to warfighters that are strategically, operationally and tactically sound, logistically supportable and politically feasible”. Its remit is not specific to one country, according to defence sources, but its forward planning is thought relevant to any future air war against Iranian nuclear and military sites. It is also looking at possible threats from China and North Korea.

»Checkmate was formed in the 1970s to counter Soviet threats but fell into disuse in the 1980s. It was revived under Colonel John Warden and was responsible for drawing up plans for the crushing air blitz against Saddam Hussein at the opening of the first Gulf war.

»Warden told The Sunday Times: “When Saddam invaded Kuwait, we had access to unlimited numbers of people with expertise, including all the intelligence agencies, and were able to be significantly more agile than Centcom.”

»He believes that Checkmate’s role is to develop the necessary expertise so that “if somebody says Iran, it says: ‘here is what you need to think about’. Here are the objectives, here are the risks, here is what it will cost, here are the numbers of planes we will lose, here is how the war is going to end and here is what the peace will look like”.

»Warden added: “The Centcoms of this world are executional – they don’t have the staff, the expertise or the responsibility to do the thinking that is needed before a country makes the decision to go to war. War planning is not just about bombs, airplanes and sailing boats.”»

Quelques faits pour tracer le décor
Nous rapportons ici quelques faits qu’il est intéressant de garder à l’esprit.

• On a déjà vu que l’USAF était particulièrement intéressée par une éventuelle campagne contre l’Iran.

• On a déjà vu que l’USAF est un service marqué récemment par des engagements fondamentalistes appuyés. On ne dirait pas que l’USAF est une force caractérisée par un engagement religieux d’extrême-droite, mais certains de ses éléments en sont fortement marqués.

• On a déjà vu que l’USAF est très proche d’Israël, qu’elle a inspiré, sinon imposé ses doctrines à la force aérienne israélienne. Israël est hystériquement favorable à une attaque de l’Iran, ce qui rencontre la tendance de l’USAF mise en évidence ici. La présence d’experts d’origine israélienne dans Project Checkmate confirme cet aspect de cette affaire.

• On a également rencontré à plusieurs reprises la position très particulière de l’U.S. Navy et de l’amiral Fallon, commandant de CentCom depuis février dernier.

• Enfin, on connaît les “liens” de Murdoch, soutien des néo-conservateurs US, avec le Times: lien de la chose possédée avec son propriétaire, — et Murdoch est un propriétaire exigeant, qui aime faire partager autoritairement ses engagements politiques. Le rapport entre le Times et l’USAF est par conséquent évident.

USAF versus CentCom
Le fait que Project Checkmate et ses caractéristiques politiques aient été rendus publics par une courroie de transmission de la politique Murdoch est une puissante indication. C’est une affirmation du War Party qu’il est prêt à jouer son propre jeu, qu’il le fait d’ores et déjà, qu’il affiche cette intention et qu’il est prêt à marginaliser ses adversaires en les tournant même si ceux-ci représentent le commandement légal (CentCom) en temps de guerre.

Il est extrêmement difficile de ne pas voir dans ces circonstances une confirmation de la situation bien inhabituelle régnant au sein des forces armées US, et au coeur du pouvoir américaniste en général. Project Chekmate semble avoir été établi hors de la chaîne de commandement normale (CentCom) pour une opération contre l’Iran, puisqu’il semble dépendre directement du chef d’état-major de l’USAF et de la Maison-Blanche. Si la chose est confirmée, ce serait une différence majeure du groupe Project Chekmate, ou équivalent, de la première Guerre du Golfe, dirigé par le général Horner, qui avait été organisé en coordination avec CentCom (général Schwartzkopf) et rendait compte effectivement à CentCom. (Horner était commandant “Air” à CentCom, donc sous l’autorité de Schwarzkopf. Pour ce qu’on en sait, rien de semblable pour le groupe actuel.) Quoi qu’il en soit, dans le contexte présent, cette situation extraordinaire répond à la logique du désordre washingtonien.

Aujourd’hui, CentCom est aux mains d’un homme notoirement et, depuis peu, publiquement hostile à une guerre contre l’Iran. La structure Project Chekmate échappe également, semble-t-il, à la présidence du Joint Chief of Staff (JCS) qui est aux mains de l’U.S. Navy et d’un chef (amiral Muellen) également peu incliné à soutenir une attaque contre l’Iran. Tout converge pour alimenter l’hypothèse de forces suivant des comportements opérationnels ou de communication autonomes, qui traduisent une opposition politique fondamentale. L’USAF contre la Navy, ce n’est pas nouveau, mais jamais le désaccord n’a porté sur une matière politique aussi explosive, et d’une façon aussi claire.

On observera que cette opposition implicite est exprimée d’une façon assez méprisante, traduisant l’âpreté de la concurrence des forces au niveau des qualifications, par les jugements peu amènes, voire provocants, exprimés par le colonel Warden sur les qualifications de CentCom à planifier une attaque («The Centcoms of this world are executional – they don’t have the staff, the expertise or the responsibility to do the thinking that is needed before a country makes the decision to go to war. War planning is not just about bombs, airplanes and sailing boats.» : qualifier CentCom d’“exécutant”, incapable d’une “pensée stratégique”, et ne pensant qu’en termes de “bombes, d’avions…” — et, cerise sur le gâteau dans l’expression du mépris, en termes de “bateaux à voiles” [“sailing boats”]; si ce n’est une allusion méprisante au fait que CentCom est sous le commandement d’un amiral…) Cette critique provocatrice est assez injustifiée si l’on se réfère aux deux guerres contre l’Irak, où CentCom assura effectivement l’essentiel de la planification des attaques.

(L’opposition Navy-USAF est une constante de l’establishment militaire US, selon la perspective historique des rapports des deux armes et de leurs philosophies respectives. La Navy est une arme de dimensions globales, qui a une vision très structurée des relations internationales et de la nécessité de leur stabilité. Sa mission, le contrôle des mers, suppose effectivement une telle stabilité, la protection de l’ordre existant, etc. L’USAF est, au contraire, une arme révolutionnaire, appuyée sur les hautes technologies et les interventions déstabilisantes, plutôt créatrices d’un chaos chez l’ennemi qu’on espère “créateur”. Elle n’est pas étrangère à des opérations bureaucratiques du type Project Checkmate, à la limite de la légalité interne des forces armées et de la légalité tout court : en août 1941, l’U.S. Army Air Corps/Air Force [alors dépendant de l’Army] détacha quatre officiers pour élaborer clandestinement les grandes lignes du plan d’offensive stratégique US contre l’Allemagne, dit AWPD-1, — clandestinement, parce que de tels plans étaient interdits par le Congrès, alors isolationniste ; le groupe visita notamment les banques US pour identifier les avoirs industriels US en Allemagne, que les bombardiers de l’USAAF devraient éviter de bombarder… D’une façon très significative, on pourrait, — faisant référence aux classifications que nous offrons pour les mouvements en cours, tempérée du fait que nous sommes à l’intérieur du système américaniste, — qualifier la Navy de force structurante et l’USAF de force déstructurante. On comprend combien il est normal que la Navy traditionaliste déteste les néo-conservateurs et leur folie guerrière et que l’USAF révolutionnaire en soit proche.)

On comprend que ces conditions compliquent extraordinairement la perspective d’une attaque contre l’Iran. Irait-on jusqu’à concevoir des plans concurrents, des structures autonomes les unes des autres, des chefs aux buts de guerre différents et ainsi de suite? D’autre part, dans le climat actuel, pourrait-on concevoir sans des remous politiques déstabilisateurs, des mesures violentes préparatoires à la guerre, comme par exemple le remplacement de l’amiral Fallon? Cela a déjà été tenté par Cheney et s’est heurté à un refus catégorique de Gates, qui pourrait mettre sa démission dans la balance. Au contraire, on sait qu’un projet fracassant de Fallon serait un refus implicite d’obéir à un ordre d’attaque en lui opposant sa démission si cet ordre était donné, ce qui aurait une tout autre signification que son remplacement, mais un effet déstabilisateur bien aussi fort.

… Tout cela se comprend logiquement, à part que nous sommes dans une très grande démocratie et qu’un tel désordre, une telle fragmentation et une telle concurrence des pouvoirs, une telle absence de pouvoir légitime, constituent un cas peu ordinaire. La fragmentation et la concurrence des pouvoirs à Washington, qui réduisent à néant le concept de légitimité nécessitant par essence un seul pouvoir, sont vraiment des facteurs politiques centraux de la crise. Les experts (européens notamment) qui conseillent leurs gouvernements devraient commencer à songer à ne plus tenir compte des seuls communiqués officiels pour leurs évaluations, et entreprendre de s’intéresser à cette sorte de situation.

http://www.dedefensa.org/article.php?art_id=4462

Robert Greenwald, auteur du documentaire “Outfoxed”, montre à partir de séquences vidéo, comment la chaîne de télévision néo-con FOX NEWS (propriété de Murdoch) manipule l’opinion jour après jour pour la préparer à la guerre contre l’Iran, en utilisant les mêmes méthodes qu’en 2003 pour la guerre contre l’Irak. Aucun mensonge n’est trop gros pour justifier la prochaine attaque impérialiste.

http://foxattacks.com/iran

Iran has become an extra-regional power: general
Tehran Times Political Desk

TEHRAN – The United States must acknowledge that Iran is a powerful state, Major General Yahya Rahim Safavi said here on Sunday.

On the 27th anniversary of the Iraqi invasion of Iran, the Mehr News Agency conducted an interview with Safavi, who is currently the Supreme Leader’s senior advisor on military affairs, in which he elaborated on the roots of the 1980-1988 Iran-Iraq war, the threats that Iran is currently facing, the missile capabilities of the Islamic Revolution Guards Corps (IRGC), and the recent restructuring of the country’s defense system.

Following are excerpts of the interview:

“White House officials should know that the Islamic Republic of Iran will not yield to political and economic pressure.

“If they think wisely and think about their interests, and if they want energy, political, and economic cooperation with Iran, they must recognize Iran as a power.”

Roots of the Iran-Iraq war

The victory of the Islamic Revolution created a new situation for the U.S., and it soon cut ties with the Islamic Republic, said Safavi, who was the commander of the IRGC for ten years.

With the Islamic Revolution, Iran’s geopolitical situation changed since the U.S. lost its main ally in the region, which caused a change in the bipolar world system in favor of the Soviet Union.

He cited former Iranian prime minister Mehdi Bazargan’s efforts in the provisional government to reestablish ties with the U.S. and the problems created by former president Abolhassan Banisadr and his connection with the terrorist Mojahedin Khalq Organization (MKO) as some of the reasons which prepared the ground for the invasion of Iran by Saddam Hussein’s Baath regime.

The Western powers, which were worried about the influence of the Islamic Revolution on regional Arab countries, encouraged Saddam to attack Iran, he added.

Saddam, who wanted to replace the shah as the regional power after the Islamic Revolution, attacked Iran under the pretext that the 1975 Algiers Agreement was imposed on Iraq.

The former IRGC commander said the Baathists began to modernize the Iraqi army in 1975, five years before Iraq attacked Iran.

Between 1975 and 1980, they spent billions of dollars buying arms so that Iraq eventually had the most powerful army in the region, he added.

He described the current regional situation as very critical.

“This does not mean that the United States wants to begin a new war. They already have over 200,000 troops in the region, but despite this, they face three challenging problems,” he noted.

“First, they do not exactly know how Iran will deal with them. I mean they are incapable of calculating the depth and extent of Iran’s (potential) response to their threatening actions… Their second concern is about the security of Israel, and thirdly, they are extremely worried about the oil and energy problems ahead, both in Iraq and the region. One reason for this could be the dramatic increase in the oil price, which recently hit about 81 U.S. dollars per barrel, and even the price of a barrel of oil for OPEC countries, including Iran, has risen to more than 71 U.S. dollars.

“If there is a little spark in the Persian Gulf area, which contains 65 percent of all the world’s oil reserves, the oil price could easily rise to 100 dollars per barrel.

“I think that the rational people in the U.S. Congress and the Democratic Party will not allow the current U.S. administration to declare a new war.”

In Iraq, the United States’ political and military situation has greatly diminished, he stated.

“Despite all this, the Iranian armed forces will carefully monitor the upgrading of the U.S. military and the enemy’s provocative moves in the entire region.”

Iran’s role in regional peace and security

The Islamic Republic of Iran believes that the Persian Gulf and the Middle East region should enjoy lasting peace and security, but unfortunately, U.S. forces came from the other side of the globe and disrupted the region’s security through military occupations of Iraq and Afghanistan, he noted.

Iran desires peace in the region and this can be realized by signing defense treaties with the Arab states of the Persian Gulf, he added.

The United States destroyed two major enemies of Iran, namely the Taleban in the east and Saddam Hussein in the west, and this benefited Iran, he said, adding that recent developments have increased Iran’s political influence in the region.

Pointing out that U.S. officials once thought that they could surround Iran by occupying Afghanistan and Iraq, he said, “Now, the Americans should realize that the 200,000 troops they have deployed in Iraq and Afghanistan are in Iran’s firing range.”

The future of Iraq and Afghanistan

The future of Iraq and Afghanistan is unpredictable, he stated, adding that as a public relations move, the U.S. might reduce troop levels in Iraq, although it actually intends to maintain its military bases in Iraq and the Persian Gulf for years.

Although the U.S. has received millions of dollars from the Iraqi government to equip the Iraqi police and armed forces, the objective has still not been realized, he observed.

The weapons Al-Qaeda and other terrorist groups are currently using are far more advanced than the weapons the Iraqi armed forces possess, and U.S. troops will slowly leave Iraq, so Iraqis, and not U.S. forces, will suffer casualties in terrorist attacks, he added.

IRGC ballistic missiles

“Today, one of our means to confront an invasion is the deterrent power of the ballistic missiles of the IRGC Air Force. They are domestically designed and are being mass-produced by the Defense Ministry,” he stated.

“Currently, we enjoy a good situation in the missile industry. Our missile capabilities are not what the U.S. thinks,” he said, adding that Iran has made the necessary preparations to protect its missile sites from the enemy.

Iran has such great missile capabilities that even if a certain percentage of its arsenal were to be destroyed, the remaining missiles would be devastating for the enemy, he observed.

IRGC’s asymmetrical warfare strategy

“Currently, at a time when we feel the threats of extra-regional powers such as the U.S. against the Islamic Republic of Iran, we have revised the structure of Iran’s armed forces. The training methods, war strategy, and military doctrine of the armed forces, and especially of the three branches of the IRGC, have been revised. We have designed arms and equipment suitable for extra-regional warfare. We have named this strategy comprehensive defense, Alavi battle, and asymmetrical warfare,” Safavi explained.

This strategy means that we identify the enemy’s weak and strong points so that we can confront the enemy with the utmost efficiency, he said.

“It is true that the enemy has superior weaponry, but we have never put our trust in weapons. Rather, we have adopted a human-centered approach and have courageous, faithful, and wise human forces as well as self-contained, dynamic, fast, and effective units,” he added.

http://www.tehrantimes.com/index_View.asp?code=153632

Ahmadinejad at America

Tough US welcome for Iran’s Ahmadinejad

NEW YORK – Iranian President Mahmoud Ahmadinejad took the stage at Columbia University on Monday to a blistering reception from the president of the school, who said the hard-line leader behaved like “a petty and cruel dictator.”

Ahmadinejad smiled as Columbia President Lee Bollinger took him to task over Iran’s human-rights record and foreign policy, and Ahmadinejad’s statements denying the Holocaust and calling for the disappearance of Israel.

“Mr. President, you exhibit all the signs of a petty and cruel dictator,” Bollinger said, to loud applause.

He said Ahmadinejad’s denial of the Holocaust might fool the illiterate and ignorant.

“When you come to a place like this it makes you simply ridiculous,” Bollinger said. “The truth is that the Holocaust is the most documented event in human history.”

Ahmadinejad rose, also to applause, and after a religious invocation, said Bollinger’s opening was: “an insult to information and the knowledge of the audience here.”

“There were insults and claims that were incorrect, regretfully,” Ahmadinejad said, accusing Bollinger of falling under the influence of the hostile U.S. press and politicians.

“I should not begin by being affected by this unfriendly treatment,” he said.

During a question and answer session with the audience, Ahmadinejad appeared agitated. In response to one question, Ahmadinejad denied he was questioning the existence of the Holocaust.

“Granted this happened, what does it have to do with the Palestian people?” he said.

But then he said he was defending the rights of European scholars, an apparent reference to a small number who have been prosecuted under national laws for denying or minimizing the Holocaust.

“There’s nothing known as absolute,” he said.

During his prepared remarks, the Iranian president did not address Bollinger’s accusations directly, instead launching into a long religious discursion laced with quotes with the Quran before turning to criticism of the Bush administration and past American governments, from warrantless wiretapping to the bombing of Hiroshima and Nagasaki.

Bollinger was strongly criticized for inviting Ahmadinejad to Columbia, and had promised tough questions in his introduction to Ahmadinejad’s talk. But the strident and personal nature of his attack on the president of Iran was startling.

“You are either brazenly provocative or astonishingly uneducated,” Bollinger told Ahmadinejad about the leader’s Holocaust denial. “Will you cease this outrage?”

Ahmadinejad said he simply wanted more research on the Holocaust, which he said was abused as a justification for Israeli mistreatment of the Palestinians.

“Why is it that the Palestinian people are paying the price for an event they had nothing to do with?” Ahmadinejad asked. He closed his prepared remarks with a terse smile, to applause and boos, before taking questions from the audience.

President Bush said Ahmadinejad’s appearance at Columbia “speaks volumes about really the greatness of America.”

He told Fox News Channel that if Bollinger considers Ahmadinejad’s visit an educational experience for Columbia students, “I guess it’s OK with me.”

Thousands of people jammed two blocks of 47th Street across from the United Nations to protest Ahmadinejad’s visit to New York. Organizers claimed a turnout of tens of thousands. Police did not immediately have a crowd estimate.

The speakers, most of them politicians and officials from Jewish organizations, proclaimed their support for Israel and criticized the Iranian leader for his remarks questioning the Holocaust.

“We’re here today to send a message that there is never a reason to give a hatemonger an open stage,” New York City Council Speaker Christine Quinn said.

Protesters also assembled at Columbia. Dozens stood near the lecture hall where Ahmadinejad was scheduled to speak, linking arms and singing traditional Jewish folk songs about peace and brotherhood, while nearby a two-person band played “You Are My Sunshine.”

Signs in the crowd displayed a range of messages, including one that read “We refuse to choose between Islamic fundamentalism and American imperialism.”

link

Ahmadinejad Defends Rights Record

(NEW YORK) — Iranian President Mahmoud Ahmadinejad defended his nation’s human rights record on Monday as hundreds of people gathered outside the U.N. and Columbia University to protest appearances by the hard-line leader.

“People in Iran are very joyous, happy people,” he told a National Press Club audience that questioned him about the arrests of students, journalists and women. “They’re very free in expressing what they think.”

He said women in Iran were “the freest women in the world … They’re active in every level of society.”

Human rights activists inside and outside Iran have decried a recent wave of arrests of people calling for political and legal reforms of the Iranian theocratic system. Ahmadinejad said those complaints were baseless, and denied knowing about any detention or harsh punishments of reformists.

“The people who give this information should see what is the truth and disseminate what is correct,” he said. “I invite everyone in this session to come and visit Iran for themselves.”

Protesters gathered for a noon rally against Ahmadinejad at Dag Hammarskjold Plaza across from the United Nations, where he is scheduled to address the General Assembly on Tuesday.

“I don’t think he deserves a right to even be here in the United States,” said Sam Morris, a senior at Yeshiva University High School, one of at least 500 students from Jewish day schools.

Scores of evangelical Christians of all ages holding blue-and-white signs that said, “Christians United for Israel” and “Israel Is On The Map To Stay.”

Protesters also assembled at Columbia, where President Lee Bollinger has promised to grill Ahmadinejad on subjects such as human rights, the Holocaust and Iran’s disputed nuclear program. The Iranian leader previously has called the Holocaust “a myth” and called for Israel to be “wiped off the map.”

Bollinger said Monday it was a question of free speech and academic freedom.

“It’s extremely important to know who the leaders are of countries that are your adversaries. To watch them to see how they think, to see how they reason or do not reason. To see whether they’re fanatical, or to see whether they are sly,” he told ABC’s “Good Morning America.”

Tensions are high between Washington and Tehran over U.S. accusations that Iran is secretly trying to develop nuclear weapons, as well as helping Shiite militias in Iraq that target U.S. troops — claims Iran denies.

Before leaving Iran, Ahmadinejad said the American people have been denied “correct information,” and his visit would give them a chance to hear a different voice, the official IRNA news agency reported.

Ahmadinejad has appealed to the American people before, distinguishing between the population and their government. Recently, he told a television show that Iran wants peace and friendship with America. Since coming to power in 2005, Ahmadinejad also has sent letters to the American people criticizing President Bush’s Mideast policies.

Washington has said it is addressing the Iran situation diplomatically, rather than militarily, but U.S. officials also say that all options are open. The commander of the U.S. military forces in the Middle East said he did not believe tensions will lead to war.

“This constant drum beat of conflict is what strikes me, which is not helpful and not useful,” Adm. William Fallon, head of U.S. Central Command, told Al-Jazeera television.

Ahmadinejad’s scheduled address to the U.N. General Assembly will be his third time attending the New York meeting in three years.

His request to lay a wreath at ground zero was denied by city officials and condemned by politicians who said a visit to the site of the 2001 terror attacks would violate sacred ground.

Police cited construction and security concerns in denying Ahmadinejad’s request. Ahmadinejad told “60 Minutes” in an interview aired Sunday that he would not press the issue, but expressed disbelief that the visit would offend Americans.

After the Sept. 11 attacks, hundreds of young Iranians held a series of candlelight vigils in Tehran.

“Usually you go to these sites to pay your respects. And also to perhaps air your views about the root causes of such incidents,” Ahmadinejad told the network.

Columbia canceled a planned visit by the Iranian president last year, also citing security and logistical reasons. This time, security on campus was tight hours ahead of his arrival, with barriers blanketing the grounds and police patrolling.

Just ahead of Ahmadinejad’s speech, dozens of people stood linking arms and singing traditional Jewish folk songs about peace and brotherhood, while nearby two musicians played “You Are My Sunshine.”

Ahmadinejad’s visit to New York is also being debated back home. Some in Iran think his trip is a publicity stunt that hurts Iran’s image in the world.

link

NEW YORK, Sept 23 (AFP) Sep 24, 2007
Iranian President Mahmoud Ahmadinejad will once again taunt his adversary President George W. Bush Tuesday — this time on US soil — in a visit to the UN General Assembly at a moment of high tensions between the two countries.
Ahmadinejad will deliver his address at the United Nations some time after Bush, and like in 2006, when he may launch anew another anti-American diatribe.

It has been two years since Ahmadinejad made his presence felt on the world stage with his first appearance at the United Nations, and already icy relations between Washington and Tehran have gotten worse.

The UN Security Council has imposed two resolutions against Iran for its refusal to renounce its disputed nuclear program. And Ahmadinejad will make his speech as Bush pushes the Security Council for tougher sanctions against Tehran.

Ahmadinejad defends his country’s nuclear program as solely designed to generate electricity. But Bush warns that Iran is seeking to build an atomic arsenal and, with a hardliner like Ahmadinejad in power who has called for the destruction of Israel and tried to cast doubt on the Holocaust, could use the bomb against Washington’s close ally.

On the eve of his departure for the United States — where his visit has sparked a chorus of protests — Ahmadinejad struck a defiant tone, saying in a speech that warnings of military action and more UN sanctions would have no effect on Tehran’s nuclear drive.

“Those who think that with outmoded instruments like psychological warfare and economic sanctions they can stop Iran’s march towards progress are making a grave mistake,” Ahmadinejad said.

But in an interview with a US television network, Ahmadinejad played down rising tensions and said the two countries were not headed for war.

“You have to appreciate we don’t need a nuclear bomb. We don’t need that. What need do we have for a bomb?” the Iranian leader said, according to a transcript released by CBS on Sunday.

“It’s wrong to think that Iran and the US are walking towards war. Who says so? Why should we go to war? There is no war in the offing.”

Given the escalating rhetoric, speculation has mounted that Bush may choose to take military action against Iran before the end of his presidential term in January 2009.

French Foreign Minister Bernard Kouchner this month spoke openly of a possible war if diplomacy with Iran failed.

According to Bush, who once named Iran as part of an “axis of evil,” the Tehran regime is allegedly arming militant Shiites fighting US soldiers in Iraq, helping the Taliban in Afghanistan, supporting Hezbollah in its bid to undermine the Lebanese government and backing anti-Israeli Palestinian groups labeled by the US as terrorists.

The US military made fresh accusations against Iran on Sunday charging Tehran was supplying insurgents with sophisticated ground-to-air missiles to target American troops.

The Iranian president, in another move sure to irritate Bush, has asked to lay a wreath at the site of the World Trade Center, destroyed in the September 2001 attacks.

Bush said he could “understand” why city officials denied Ahmadinejad’s request, as the Iranian president leads a country that is a “state sponsor of terror.”

Bush has refused to rule out the use of force over Iran’s nuclear program but for the moment has called for pursuing a diplomatic solution.

“I am hopeful that we can convince the Iranian regime to give up any ambitions it has in developing a weapons program, and do so peacefully,” Bush said on Thursday.

The US president has so far rebuffed calls to renew dialogue with Tehran after a 27-year gap. US-Iran relations collapsed in the wake of the 1979 seizure of the American embassy in Tehran.

Ahmadinejad meanwhile repeated his offer, first made in 2006, to have a debate with Bush at the UN. The White House has ruled out any such event.

Top US diplomat Condoleezza Rice and her Iranian counterpart Manouchehr Mottaki did not speak to each other on Saturday during a UN conference on Iraq, a US official said.

Ahmadinejad said his visit to the UN General Assembly and before an audience at Columbia University in New York would offer a chance “to present the positions of the Iranian people as they (the Americans) are very keen to hear them.”

link

WASHINGTON (CNN) — Former National Security Adviser Zbigniew Brzezinski likened U.S. officials’ saber rattling about Iran’s alleged nuclear ambitions to similar bellicose statements made before the start of the Iraq war.

Machines use yellow cake to produce uranium hexafluoride near Tehran in February.

1 of 3 “I think the administration, the president and the vice president particularly, are trying to hype the atmosphere, and that is reminiscent of what preceded the war in Iraq,” Brzezinski told CNN’s “Late Edition with Wolf Blitzer” on Sunday.

In October 2002, five months before Iraqi President Saddam Hussein was toppled for what the United States said was his pursuit of weapons of mass destruction, President Bush said, “Facing clear evidence of peril, we cannot wait for the final proof — the smoking gun — that could come in the form of a mushroom cloud.”

No evidence was found that Iraq was then pursuing such weapons.

Earlier this month during a televised speech about Iraq, the president said, “Iran would benefit from the chaos and would be encouraged in its efforts to gain nuclear weapons and dominate the region.”

However, Iranian President Mahmoud Ahmadinejad said in an interview that aired Sunday on CBS’ “60 Minutes” that “insecurity in Iraq is detrimental to our interests.”

Brzezinski also disapproved of Bush’s statement.

“When the president flatly asserts they are seeking nuclear weapons, he’s overstating the facts,” he said. “We are suspicious, we have strong suspicions, but we don’t have facts that they are.”

Brzezinski, who served under President Jimmy Carter, said he is not sure how to interpret Iran’s intentions. Iran has insisted its nuclear program is intended solely for peaceful purposes.

“I think it’s quite possible that they are seeking weapons or positioning themselves to have them, but we have very scant evidence to support that,” he said. “And the president of the United States, especially after Iraq, should be very careful about the veracity of his public assertions.”

But Henry Kissinger, the former national security adviser and secretary of state under President Nixon, appeared not to doubt Iran’s alleged ambitions.

“I believe they are building a capability to build a nuclear bomb,” Kissinger told CNN. “I don’t think they’re yet in a position to build a nuclear bomb, but they may be two or three years away from it.”

Brzezinski urged American officials to be patient, whatever Tehran’s intentions may be. “If we escalate the tensions, if we succumb to hysteria, if we start making threats, we are likely to stampede ourselves into a war, which most reasonable people agree would be a disaster for us,” he said.

“And just think what it would do for the United States, because it would be the United States which would be at war. We will be at war simultaneously in Iraq, Iran, Afghanistan and Pakistan. And we would be stuck for the next 20 years.”

Kissinger said the international community should enlist support from countries opposed to Iran becoming a nuclear power.

“The current objective has to be to unite the countries that will suffer directly from Iranian nuclear weapons, the members of the Security Council and other countries in a program of diplomacy,” he said.

Kissinger and Brzezinski also disagreed over whether Columbia University in New York should have offered to present a lecture by Ahmadinejad, scheduled for Monday.

Ahmadinejad has questioned whether the Holocaust happened and has been accused of sending weapons to Iraq used to kill U.S. troops.

During the “60 Minutes” interview, Ahmadinejad denied claims by the administration that Iranian weapons are being used against American troops in Iraq.

“We don’t need to do that. We are very much opposed to war and insecurity in Iraq.”

Ahmadinejad said U.S. officials are blaming his country for problems caused by the American-led invasion of Iraq in 2003.

“American officials, wherever around the world that they encounter a problem which they fail to resolve, instead of accepting that, they prefer to accuse others,” he said. “I’m very sorry that, because of the wrong decisions taken by American officials, Iraqi people are being killed and also American soldiers.”

He added, “If they accuse us 1,000 times, the truth will not change.”

Ahmadinejad also said Iran has no use for an atomic bomb.

“If it was useful, it would have prevented the downfall of the Soviet Union,” he said. “If it was useful, it would have resolved the problem the Americans have in Iraq. The time of the bomb is passed.”

Kissinger said Sunday on CNN that Columbia’s invitation to the Iranian president to speak was not “appropriate.”

Kissinger clarified, “I do not oppose his speaking. I oppose its sponsorship by Columbia University.”

Brzezinski said Ahmadinejad should be able to speak.

“You know, basically, it seems to me a university’s a place where ideas, issues — very controversial issues — should be discussed, can be discussed,” Brzezinski said.

“Look, if his views are odious, we can say so, but we have a society of openness,” he said. “If we start censoring in advance what it is we like to hear and what we don’t hear, we’re on a slippery slope.”

Prior to departing Tehran for New York, Ahmadinejad called his planned address to the United Nations General Assembly “a good opportunity for presenting the Iranian people’s clear views regarding the problems of the world and materialization of peace and tranquility,” IRNA, Iran’s state-run news agency, reported Sunday.

Ahmadinejad added that in addition to speaking at Columbia he would meet with a number of ex-patriot Iranians, American Muslim, Jewish and Christian leaders, IRNA said.

Some students and Jewish leaders planned to protest at the Ivy League school, which last year withdrew a speaking invitation it had extended to the Iranian president after citing security concerns. E-m

http://edition.cnn.com/2007/POLITICS/09/23/iran.us/index.html

Beware – The Bernanke Fed Could Ignite Hyper-Inflation! Money Supply Surging, Dollar Plunging

By: Gary_Dorsch

Best Financial Markets Analysis Article“You unlock this door with the key of imagination. Beyond it is another dimension, a dimension of sound, a dimension of sight, a dimension of mind. You’re moving into a land of both shadow and substance, of things and ideas. It’s a journey into a wondrous land, whose boundaries are that of imagination. That’s a signpost up ahead, your next stop, the “Twilight Zone!”

Rod Serling was a multi-talented man and a prolific writer. His television series “The Twilight Zone” ran for five seasons in the early 1960’s and was extraordinary, winning three Emmy Awards. As the host and narrator, and writer of more than half of 151 episodes, he became an American household name and his voice always sounded a creepy reminder of a world beyond our control.

Nowadays, there are numerous signposts indicating that inflation in the United States is getting out of control. The US M3 money supply is 14% higher than a year ago, its fastest growth rate in 35-years, the US Dollar Index is plunging to 15-year lows, gold is surging toward $725 /oz, a 28-year high, crude oil is cruising above $80 /barrel, wheat prices have doubled to $8.75 /bushel, an all-time high, and the Baltic Dry Freight Index has zoomed 300% higher to stratospheric levels.

It’s like entering “a fifth dimension beyond that which is known to man, that lies between the pit of man’s fears and the summit of his knowledge. It is an area called “the Twilight Zone,” Mr Serling explained. Could it be – the fifth dimension that lies ahead is hyper Inflation, and the re-ignition of the “Commodity Super Cycle?” Money is still pouring into commodity indexes to diversify portfolios, amid recent financial market turmoil, reaching $120 billion at the end of the second quarter, up 50% from a year earlier.

Food and energy prices are sharply higher from a year ago, and this time, the surge in these “volatile components” of inflation is not a flash in the pan. But remember, you’re in the “Twilight Zone,” where perception is more important than reality, and emotions often trump logic. Putting it another way, “there is nothing so disastrous as a rational investment policy, in an irrational world,” explained JM Keynes.

Watch the dollars and cents in the Commodity Markets,

When operating in the “Twilight Zone,” traders should focus on the dollars and cents that flow thru the global commodities markets, for real-time indications about the direction of inflation, and not rely on inflation stats conjured up by government apparatchniks. Since the Fed’s last rate hike to 5.25% in June 2006, the Dow Jones AIG Commodity Index has been trapped in a sideways trading range between the 160 and 180 levels, but still up six-percent from a year ago.

However, on Sept 18th, Fed chief Ben “B-52” Bernanke, finally showed his true colors, exposing himself as a radical inflationist, by slashing the fed funds rate a larger than expected half-point to 4.75%. The Bernanke Fed panicked, lost its cool, in a desperate attempt to bailout Wall Street brokers who peddled toxic sub-prime US mortgage slime around the world, and saddled banks and hedge funds around the world with losses to their balance sheets that can exceed $150 billion.

To defuse the credit crunch and still fend off inflation, Bernanke could have chosen the middle ground, by simply lowering the discount rate by a half-point. Instead, Bernanke chose the most aggressive action, by slashing the fed funds rate. Looking at the chart above, what impact would a series of Fed rate cuts have on the DJ Commodity Index? The Sept 21st edition of Global Money Trends presents a forecast for the DJ Commodity Index and a Sweet Sixteen model portfolio could inflate from Fed rate cuts and a further expansion of the US money supply.

What’s the worst possible investment to own during a series of Fed rate cuts? During DJ Commodity Index’s great bull run from 2003 thru mid-2006, when it climbed 56% to a 24-year high, there was simultaneous bear market for US Treasury Notes, when measured against the price of gold. This is the predicament that China finds itself in today, with an estimated $900 billion stashed away in rapidly depreciating US bonds, which have collapsed from 85-cents on the dollar to as low as 39-cents today, when measured against an ounce of glittering Gold.

Can the Fed Re-Inflate sub-prime Mortgage slime?

Toxic US sub-prime mortgage slime, has infected the biggest brokers on Wall Street, bond mutual funds, and the world’s largest banks. Its latest victim is Northern Rock NRK.L, the UK’s fifth largest mortgage lender, now bracing for a takeover after its shares collapsed and its customers lined the streets to withdraw their money. Last week, NRK.L confessed that has a £275 million exposure to US sub-prime mortgage slime. It also has a £325 million position in structured investment vehicles, requiring an advanced degree in calculus to figure out.

To make matters worse, about 5 million adjustable-rate US mortgages (ARM’S) are slated to reset in the next 18-months. More than two million of these ARM’s are sub-prime and as many as 600,000 sub-prime borrowers could lose their homes, weighing on an already weak housing market. The US housing slump could deepen if sub-prime borrowers who took out ARM’s in 2004 and 2005 to secure low teaser rates for the first two or three years of the loan are forced to refinance their loans at higher interest rates, while home values stagnate or fall.

Already, there are glaring signs that the US economy might be headed for a recession. Pending sales of previously owned US homes fell by a surprising 12.2% in July, while the supply of unsold homes reached 9.6 months, a 16-year high. And the US economy unexpectedly lost jobs in August for the first time in four years. Former Fed chief “Easy” Al Greenspan, said on Sept 16th, he expects “as a minimum, large single-digit percentage declines in US house prices from peak to trough, and would not be surprised if the drop was in double digits,” he warned.

Harvard University economist Martin Feldstein, advised the former Princeton economist “B-52” Bernanke to come to the rescue of sub-prime borrowers, with the same old magic formula – printing more money, devaluing the dollar, and lowering the fed funds rate. “There is a significant risk of a recession. Downturns in housing construction have almost always been followed by a downturn in the economy, by a recession. My judgment is there is enough of a risk that the Federal Reserve should be responding by cutting interest rates,” Feldstein said on August 31st.

Since the credit market crisis unfolded in early August, the Bernanke Fed has pumped $292 billion of morphine (repos) into the banking system, the most since the September 11, 2001’s terror attacks on the United States. Not all the morphine has been withdrawn however, and as a consequence, the growth rate of the M3 money supply expanded to 14% in August, and gold has jumped to $725 /oz.

Guru Greenspan sees higher Inflation, Reinforcing Gold Rally

Some Fed officials deny the linkage between the explosive growth of the M3 money supply, which the Fed is trying to hide from the public, and inflation. On Sept 11th, Fed governor Frederic Mishkin said he “did not find gold to be a particularly useful indicator of inflation.” But surprisingly, it is former Fed chief “Easy” Al Greenspan, would pegged the US fed funds rate below the inflation rate for three years, who is ringing the alarm bells about a resurgent gold market.

Greenspan advised “B-52” Bernanke to avoid cutting rates too aggressively because “the risk of an inflationary resurgence is greater now” than when he was nurturing the sub-prime mortgage mess. “Our problem over the long run is the re-emergence of inflation. As economic globalization winds down, the forces that have kept prices down will disappear,” he said on Sept 15th.

“Inflation in the United States could rise to a rate of between 4% and 5% a year,” Greenspan said. In an interview in the Dutch newspaper NRC Handelsblad on Sept 17th, Greenspan predicted that inflation will also rise to 5% in Europe, adding that “the 5% inflation level is more fitted for an economy that functions on a paper standard, where the currency is not linked to gold. The Fed could keep inflation lower, but to do so, it might have to raise interest rates into the double-digits.”

Gold has been patiently waiting for the Bernanke Fed to cry uncle, and start cranking-up its money printing machines. Since the Fed halted its two-year rate hike campaign on June 25th 2006, the price of gold has climbed by 32%, and for most of this year, has been relatively stable, amid strong demand in Asia and the Middle East, and steady inflows into exchange traded funds, such as GLD and bullion.

Expectations of an easier Fed policy have crushed the US dollar, and discouraged other central banks from raising their interest rates, adding new sparkle to gold against all paper currencies. On August 6th, with gold trading at $670 /oz, Newmont Mining’s Pierre Lassonde said, “There is very strong demand right now so we are setting ourselves up for an attack on the $750 /oz level in early fall this year.”

Laasonde also said that jewelry consumption in China and India suggested prices could top all-time highs of around $850 /oz next year. India, the world’s largest gold buyer, boosted its demand for gold by 72% to 528 tons in the first half of 2007 compared to the same period last year. According to the World Gold Council, India’s demand for gold in all of 2007 is expected to be at least 50% higher than last year. If realized, India’s gold demand would exceed 1,000 tons for the first time.

Gold purchases by the United Arab Emirates rose 14.6% in Q’2 to 29.8 tons from the same period in 2006. In India and the UAE, the M3 money supply is running 20% higher from a year ago, which is attracting investors to the yellow metal. Gold demand in Saudi Arabia rose 30% to 42.5 tons in the second quarter of 2007 from 32.6 tons the year earlier, as oil prices climbed above $70 per barrel

Earlier today, Kuwait’s central bank cut its repo rate by 50 basis points to 4.75%, adding to its 25 basis-point cut last week. Kuwaiti rate cuts can increase credit growth, liquidity and the M3 money-supply which will add to inflationary pressures. Inflation in Kuwait is at a 12-year high of 5%, and its M3 money supply, hit 18 billion dinars at the end of July, up 22.5% from a year earlier.

Kuwait’s central bank blamed rising inflation on the dinar’s peg to the US dollar, which fell to a record low against the euro yesterday (Euro = $1.400), which is raising import costs. Kuwait pays for about a third of its imports in Euros. In Qatar, inflation is raging ahead at a 12.8% annualized rate, and is 6% higher in Oman. Saudi inflation surged to a seven-year high in July of 3.8% on higher food prices and rising rents, relatively restrained following the collapse of its stock market.

Can Saudi Arabia Contain Crude Oil at $80 /barrel?

It’s no accident that gold demand from the Arabian Oil kingdoms is rising, with the price of crude oil is climbing above $80 per barrel, and the US$ Index is sinking below the psychological 80-level, stoking higher inflation in the Persian Gulf. Most ominously, the US dollar is sinking to 15-year lows, even before the Bernanke Fed speeds up the growth of the M3 money supply into the “Twilight Zone.”

Though oil prices have quadrupled since 2002, when adjusted for inflation the price is still below the $90-a-barrel peaks of the Iranian Revolution in 1979. Could this explain why the Dow Jones Industrials and other global stock market indexes have not shuddered at the sight of crude oil soaring to $82 per barrel? Remember when oil prices at $40 /barrel sent global stock markets into a frightful tizzy.

OPEC has agreed to boost its oil output by 500,000 bpd to temper any speculative rally in crude oil above $80 per barrel. But such action won’t take place until November, when global demand for crude oil is expected to spike sharply higher, during the heating oil season. So far, the initial reaction in the oil market to Riyadh’s gesture is “too little, too late,” with crude oil moving above $80 /barrel.

“I think higher oil prices have a lot to do with risk premium from geopolitical uncertainties,” said Saudi central banker Mohamed al-Jasser on Sept 12th. “There is no shortage of oil in the market and we have not turned back anyone who demanded oil from us,” he said. If correct, then oil companies might be hoarding oil. Why?

The world must “must prepare for the worst” – including the possibility of war – over the Iranian nuclear crisis, French Foreign Minister Bernard Kouchner said on Sunday, Sept 16th. “We have to prepare for the worst, and the worst, sir, is war,” Kouchner told LCI television and RTL radio. “We will not accept that such a bomb is made,” he declared.

Kouchner was later quoted by the French daily Le Figaro, “Iran does whatever it pleases in Iraq. One cannot find in the entire world a crisis greater than this one.” Kouchner’s comments follow a hawkish statement by French President Nicolas Sarkozy, who candidly said in August, that a diplomatic push by the world’s powers was the only alternative to “an Iranian bomb or the bombing of Iran.”

Kouchner also said Paris had advised French oil companies not to respond to tenders in Iran and repeated a call for greater pressure on Tehran over its nuclear program. “We have already asked a certain number of our large companies to not respond to tenders, and to prepare for eventual sanctions outside the United Nations, which would be European sanctions,” he said.

Israel destroys Military Site in Syria on Sept 6th

Details of Israel’s attack into Syrian airspace two-weeks ago were reported on Sept 15th in the UK’s Sunday Times. According to the Times, an Israeli commando team directed laser beams at a Syrian facility, for attacking Israeli F-15I’s and F-16’s warplanes. The Israeli commandos arrived a day earlier, taking up position near a large underground depot. Soon after, the Syrian installations were in flames.

According to unnamed Israeli sources, preparations for the attack began last spring, when Meir Dagan, the head of Mossad, presented Israeli PM Olmert with evidence that Syria was seeking to buy a nuclear device from North Korea. Dagan feared such a device could later be mounted on North-Korean-made Scud-C missiles.

The Israeli satellite Ofek 7, launched in June, was diverted from Iran to Syria. It sent out high-quality images of a northeastern area every hour and a half, making it easy for the Israeli air force to spot the facility, the Times reported. “This was supposed to be a devastating Syrian surprise for Israel,” an Israeli source told to the Times.

“We’ve known for a long time that Syria has deadly chemical warheads on its Scuds, but Israel can’t live with a nuclear warhead.” The Israeli warplanes were equipped with Maverick heavy missiles and 500 pound bombs. The operation “can be seen as a dry run, a raid using the same heavily modified long-range aircraft, procured specifically from the US with Iran’s nuclear sites in mind,” the report said.

Equally important, the Pantsyr-S1E missiles, that Damascus purchased from Russia to repel attacking warplanes, failed to down the Israeli jets that swept across northern Syrian airspace from the Mediterranean the night before. The new Pantsyr missiles leave Syrian and Iranian airspace vulnerable to hostile intrusion. Information on Russian missile consignments to Syria or Iran is vital to any US calculation of whether to attack Iran over its nuclear program.

Fed Response to an “Oil Shock” to $100 per barrel?

If the end game with Tehran over its nuclear weapons program is finally around the corner, how would Mr Bernanke, the radical inflationist, react in a “Twilight Zone” episode in which crude oil jumps to $100 per barrel? Would it preclude the Fed from lowering the fed funds rate due to spiraling inflationary pressures?

Nobody knows for sure, but on October 21, 2004, Mr Bernanke responded to such as question, “I would argue that the Fed’s response to the inflationary effects of an increase in oil prices should depend to some extent on the economy’s starting point.”
“If inflation has recently been on the low side of the desirable range, and the available evidence suggests that inflation expectations are likewise low and firmly anchored, then less urgency is required in responding to the inflation threat posed by higher oil prices. In this case, monetary policy need not tighten and could conceivably ease in the wake of an oil-price shock,” Bernanke said.

So don’t be surprised if “B-52” Ben argues that a weak US economy and doctored inflation statistics, justify a further easing in Fed policy, pouring more gasoline on the flames of inflation, in the event of a confrontation with Iran.

Agri-flation on the Warpath,

Rising prices of agricultural commodities including wheat, soybeans, corn, and milk have helped stoke global inflation. This trend, referred to as “Agri-flation,” shows up in prices for farm products which reached record levels in 2007. A Food Commodity Index, which tracks a dozen agricultural raw materials used by food companies including wheat, barley, milk, cocoa and edible oils, show cost inflation of 21% this year – the biggest increase since the index started almost a decade ago.

In the past 12-months, the price of milk futures have soared 70% on the Chicago Mercantile Exchange, and in most of Europe, is up 50% this year. Why the sudden upward explosion? First, a domestic shortage of nonfat dry milk and strong international demand for protein has sent powder prices skyrocketing. Second, strong demand for corn for ethanol purposes has resulted in higher feed costs for cows. Farmers have responded by raising milk prices.

Third, China’s demand for milk is soaring by 25% per year, and China is now consuming about 30% of the world’s milk output, much of it from Europe and mainly from Germany. Imports of dairy-related products have surged, as per capita consumption has more than doubled since 2000, a level of increase that Chinese domestic production has not been able to match. A drought in Australia and New Zealand, the world’s largest milk-exporting region, has also stoked higher prices.

Wheat futures Soar to all-time highs,

Wheat jumped to a record $8.75 per bushel on the Chicago Board of Trade, up 45% since the beginning of July on signs of strong demand for dwindling global supplies. Global consumption has exceeded production for the seventh time in eight years. As of August 23rd, US farmers sold roughly 95% percent of what the government estimates will be sold in exports all year – far ahead of the last year’s pace, when the country had sold just 27% of target exports at this time. Wheat exports have also been aided by a sharply lower US dollar.

The US Department of Agriculture projects that world wheat stocks will drop to 114.8 million tons by the end of the 2007-08 marketing year, the lowest since 1982, following poor weather earlier this year in parts of Europe, the United States, and in several exporting countries including Canada, Australia and Argentina. Australia, the world’s #2 wheat producer said the size of its wheat crop will fall to 15.5 million tons, from its previous forecast of 22 million tons in June.

More global demand for corn to produce ethanol, which is now blended with gasoline, helped push corn prices to a 10-year high in February. In the US, ethanol is made from corn unlike Brazil, which uses sugar cane. As of November 2006, 107 ethanol bio-refineries have been built in the US, with the capacity to produce 5.1 billion gallons of ethanol per year. It is estimated that by May 2008 another 56 refineries will be constructed producing an additional 3.8 billion gallons of new capacity.

Higher wheat prices are driving up the price of corn, which is even more sought-after as an animal feed when wheat becomes too pricey a substitute. But a rise in corn prices can increase the cost of its derivatives like corn syrup, which is a staple for a variety of foods, from soft drinks to wheat bread. US corn also feeds chickens, hogs and cattle, which means a rise in prices for meat, eggs and dairy.

And as China’s 1.3 billion consumers change their eating habits, and start eating beef and pork and fast-food hamburgers and chicken nuggets instead of rice, China’s demand for corn and livestock can only go upwards. In China, beef consumption has gone up by 26% since 2000, and pork, which was already popular, rose by 19 percent. Even in India, where much of the population is vegetarian, chicken consumption has almost doubled since 2000.

Soybeans Soar on strong Global bio-fuel demand

Soybean prices are expected to hit their second-highest average mark ever this year, and highest since 1983, says the US Agriculture Department. Soybeans are used to make bio-diesel fuel, a renewable alternative to diesel fuel, where demand has increased more than 1,200% in the past three years, showing how US truckers are being drawn into the alternative-fuels frenzy along with the auto industry.

Most bio-diesel is made from soybeans. It can be burned pure or as a 20% blend in diesel fuel. The bio-diesel industry in the United States consumed about 202.54 million pounds of soybean oil in April, a huge jump from the 96.28 million pounds refined into bio-diesel in April 2006. Of the 148 commercial bio-diesel plants in the United States, about 63 use soybean oil as the primary feedstock, according to the National Bio-diesel Board.

Much of the surge in soybeans to $9.60 /bushel is linked to the Bernanke’s Fed’s devaluation of the US dollar. The European Union wants bio-diesel to make up 6% of transportation fuels by 2010 to reduce dependence on crude oil, and a stronger Euro provides greater purchasing power to buy soybean oil, which has soared to a 23-year high. China’s palm-oil imports rose 27% to 1.6 million metric tons in the first four-months of 2007 from the year- earlier period.

At the same time US farmers are switching more acreage from soybeans to corn next year. Farmers told the USDA in March, they would increase corn plantings 15% to 90.5 million acres this year from 2006, the most since 1944, and cut soybean acreage 11% to 67.1 million, the smallest since 1996. Global oilseed production for 2007-2008 is projected at 399 million tons, down 5.4 million tons from 2006-2007, the first year-to-year decline since 1995-1996, the USDA said.

Soaring Food prices send China’s Inflation rate to 10-year high

Soaring food prices have propelled China’s consumer inflation to 6.5% its fastest pace in 11-years. But judging from the bubble in Shanghai red-chips, Chinese inflation is probably running in the double digits. The ruling Communist Party is aware that raging inflation has touched off social unrest in China in the past. Inflation was driven by an 18.2% leap in the cost of food, which accounts for a third of the consumer price basket.

Meat prices rose 49% in August from a year earlier, reflecting a shortage of pork, China’s staple meat. The cost of eggs has risen 27% since last summer, chicken by 20%, and grain prices have climbed by 6.4 percent.

China has 20% of the world’s population but only 7% of its land is arable. China has lost 6% of its arable land in the past decade to factories and houses, airports and roads in the last 20-years of breakneck industrial growth. China became a net importer of food in 2004, and just as China’s growth has fueled the explosion in world prices for crude oil, iron ore, copper, steel and shipping, the impact of greater Chinese demand for food, particularly beef and pork, is just starting to be felt.

The People’s Bank of China (PBoC) raised interest rates for the second time in less than a month on Sept 13th, amid soaring food prices, excessive bank lending and massive bubbles in the property and stock markets. The PBoC lifted the one-year benchmark deposit rate by 27 basis points to 3.87%, the fifth baby-step increase this year. However, the PBoC deliberately pegs the one-year bank deposit rate far below the inflation rate, for a negative rate of return, encouraging savers to shift money from bank deposits and into the Shanghai and Shenzen stock market.

Beijing is expected to continue raising interest rates and lifting the reserve rate requirement in the coming months as well as issuing more special Treasury bonds to drain liquidity from the financial system. However, Chinese 7-year T-bond yields are stuck at 4.15%, highlighting a system flush with liquidity, and further baby-step rate hikes won’t put the PBoC ahead of the inflation curve anytime soon

Global Shipping Rates go Ballistic

In addition to higher prices for raw materials and grains, global shipping rates are going thru the roof, with shippers having little difficulty passing through their increased costs to importers. The Baltic Dry Index, which measures dry bulk shipping rates on 40 shipping routes, for commodities such as coal, iron ore, cement, grains and sugar climbed to an all-time high of 8,477 last week

The global economy has expanded by 5% or more for the past four years, its best performance since the early 1970’s, and ship owners and operators have enjoyed the strongest marine transportation market in three decades. As the middlemen of worldwide trade, shipping companies moved 90% of the $10.5 trillion in import and export volume sent across the oceans in 2006, up 60% from 2003. The Baltic dry index is trading close to 10 times its lowest level hit in November 2001.

By Gary Dorsch,
Editor, Global Money Trends newsletter
http://www.sirchartsalot.com

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 comment :

Always hyperinflation over deval. It’s postponement, no more. They’re hoping some huge war will come in and deflect all of it. They need chaos,

THE CREDIT CRUNCH THAT NEVER WAS IS OVER!!!!

THE REAL AGENDA BEHIND THE FEAR

By Joan Veon

The ruse that has been played out in the stock, bond, and credit markets for the last two months is one of the biggest scams of the century, after the crash of the NASDAQ. At stake is the cementing together of a global economic structure that will not be able to be dismantled.

At the core of the trumped up credit crunch were a handful of international bankers that helped create a big enough deception which will ultimately lead to Congress exchanging our national regulatory laws for standardized international regulatory laws. Sadly, I have seen the pattern of creating a problem so you can solve it according to your hidden agenda, over and over again in the 27 years I have spent in the investment business. For those who think it is about a new low in the value of the dollar, they are wrong—the dollar has been dropping ever since the twin 1973 currency crises which sent then Assistant Treasury Secretary for International Monetary Affairs Paul Volcker around the world to hammer out a new regime for floating currencies (what a great way to transfer wealth and control countries: currencies). Every time the dollar drops, it is new and historic. For those who think the past two months was about the Rothschild’s cornering the global gold market, no way. They and the same core of international bankers that own the Bank of England, the Federal Reserve, and other major central banks control the value of gold. When central banks sell gold as they did in the late 90s, it is only title that changes, not the owners.

In the fall of 1983, my husband and I purchased our first home. Several months later he got a job in another city but we were straddled for 2 ½ years with a house we could not sell because interest rates climbed to 22% with mortgages as high as 14-16%. Years later, I found out that our Congress changed “old and outdated” banking laws to render to national and international bankers, one of the most major coups of the century! The law which Congress passed is called the Depositary Institutions Deregulation and Monetary Control Act (1980 Deregulation Act), which basically lifted all restrictions on U.S. banks as to the amount of interest they could pay or charge investors/creditors. At the time this was heralded as being “good” for America since banks would have to pay market rates on savings, which conveniently rose to 22% for a short period of time. That was not a bad short-term price to pay for banks being able to pay very low rates for savings and charge usurious rates for credit cards from 9 ½% to 35% with home equity lines of credit being tied to prime. The high interest rates were appreciated by the serfs who have ceased to remember their joy.

This globally trumped up liquidity and credit crunch was orchestrated by the key players: the international bankers: Goldman Sachs, Barclays, BNP Paribas, Bear Stearns, Citigroup, JP Morgan Chase, and Bank of America. They would not buy commercial paper from one another or lend to one another. Come on. This was reported as being shocking when in fact, it was the standard insiders game designed to facilitate major changes to U.S. regulations by scaring Congress and the rest of the country first. Once the Security and Exchange regulator has been folded into one agency—like Britain’s Financial Services Authority, instead of having separate regulators for commodities and derivatives, the world will go back to calm—for a little while. The next thing you are likely to hear is that the world needs a global financial regulator. But before that can happen, the national regulatory laws have to be harmonized to prepare the way.

The supporting players were the hedge funds and complex investment instruments. It is not Joe Average who can afford to invest in these animals. Hedged funds known as “Quants” attempt to profit from price inefficiencies identified through mathematical models. These send buy/sell signals on small variations in price between different securities (Financial Times-FT, 8/13/07). Most of the international bankers have quant funds. In fact while they were crying the blues over a 30% drop in August and external investors lost 20% of their investment, it was reported that Goldman Sachs made $300M last month from the rescue of one of their troubled hedge funds. They injected $2B of their own money while billionaire friends injected another $1B to save it (FT, 9/16/7, 6). The fund was up 15% before the Fed bailout! What great math!

The investment instruments are no doubt terribly complex. They are called derivatives ($400T in a world where the entire GDP is $40T), off-balance sheet structures known as conduits ($1,400B), and SIV’ or structured investment vehicles.

The pawns were those who took a sub-prime mortgage and bit the apple in the same way Eve did. According to Fed Chairman Ben Bernanke, “About 7.5 million first-lien subprime mortgages are now outstanding, accounting for 14% of all first-lien mortgages. So-called near-prime loans—loans to borrowers who typically have higher credit scores than subprime borrowers but have other higher-risk aspects—account for an additional 8 to 10 percent of mortgages” (speech 5/17/07). Six months ago, there were $1,300B of subprime loans or about 13% of all outstanding mortgages while the total residential mortgage market is more than $20,000B. In other words, the subprime market is a very small percentage of our total economy. In fact the losses from the Savings and Loan Crisis in the 1990s were much higher.

Regarding the mortgage market, it should be noted that the practice of banks selling mortgages they use to hold until maturity is over. In the 1980s when there was a mortgage default, it was the bank that took the hit. Now mortgages and loans of every type (auto, credit card, etc.) have been securitized (packaged into group of mortgages), then repackaged in a collateralized debt obligation bond (CDO) and sold to a hedge fund that bought it on leverage (David Hale, FT, 8/14/7, 11). The sophistication and complexity of how you sell mortgages has evolved since the 1980s. Bottom line is that the banks no longer carry mortgages or the risk—they basically act as conduits. It is the market—now the global market that carries the risk. The banks really are not concerned about the risk in the loans they make because all of them are now sold in the bond markets to pension funds, mutual funds, and others.

While there is much more that could be said about this whole trumped up charade of loss of liquidity, the bottom line is that the Federal Reserve could have solved this problem two months ago by lowering interest rates. They are the ones who create the business cycle and market highs and lows by the amount of money they inject into the banking system. Just like in the 1980s, interest rates could have come down at any time, but there was another agenda. Can the Fed solve the problem of the sub-prime mortgages? No. Congress will have to deal with the inequities.

At the international level, all of the international organizations: the Bank for International Settlements, the International Organization of Security Commissions, the Group of Seven finance ministers, and the Financial Stability Forum are talking about the need to have capital markets that are globally integrated since no one Central Bank could determine how to proceed. The U.S. is the only major country not to have all of their regulators under one roof (just like the British system which is used in many countries around the world). All countries need to adopt global accounting standards (the US is in the process of moving in that direction, there has been agreement between GAAP and the IASB) and countries must implement the BASEL II Capital Accords (which are new rules for international banks on how much they need to have in reserve for protection), the U.S. is in the process of implementing them. Then once these things are put in place, the world is ready for a global financial regulator!

Just days after the Fed reduced interest rates by ½ of 1%, it was announced that the Dubai Stock exchange will acquire just under 20% of the Nasdaq stock exchange and 28% of the London Stock Exchange while the Nasdaq purchases the Nordic stock exchange, OMX. Do we see the handwriting on the wall?

If the IMF is suppose to become a Global Central Bank, then perhaps the Financial Stability Forum is a forerunner of what might be suggested next month when the G7 reports on the problems of supposed credit crunch! All this drama just to integrate world markets and stock exchanges! The ruse is now global! People need to see beyond the lies, deceit, deception, and distortion so that they stop operating in fear and begin living in truth. Lastly, all of the volatility created allowed those in the know to make lots of extra money at the expense of those who sold low and those who lost their homes. Be prepared for more of these trumped up vignettes, they have been occurring from the beginning of time. This one is in our generation.

Joan Veon is Executive of The Women’s International Media Group, Inc., www.womensgroup.org

http://docs.google.com/View?docid=dfb52jgs_6hfphdw