Oct 15


The U.S. Capitol looms in the background of a sign on the National Mall reminding visitors of the closures to all national parks due to the federal government shutdown in Washington October 3, 2013. (Reuters/Kevin Lamarque)

Michel Chossudovsky is an award-winning author, professor of economics, founder and director of the Centre for Research on Globalization, Montreal and editor of the globalresearch.ca website.

Shutdown of US govt & ‘debt default’: Dress rehearsal for privatization of federal state system? (RT, Oct 15, 2013):

By Michel Chossudovsky

The ‘shutdown’ of the US government and the financial climax associated with a deadline date, leading to a possible ‘debt default’ by the federal government, is a money-making undertaking for Wall Street.

Several overlapping political and economic agendas are unfolding. Is the shutdown – implying the furloughing of tens of thousands of public employees – a dress rehearsal for the eventual privatization of important components of the federal state system?

A staged default, bankruptcy and privatization is occurring in Detroit (with the active support of the Obama administration), whereby large corporations become the owners of municipal assets and infrastructure.

The important question: could a process of ‘state bankruptcy’, which is currently afflicting local level governments across the land, realistically occur in the case of the central government of the United States of America?

This is not a hypothetical question. A large number of developing countries under the brunt of  IMF ‘economic medicine’ were ordered by their external creditors to dismantle the state apparatus,  fire millions of public sector workers as well as privatize state assets. The IMF’s Structural Adjustment Program (SAP) has also been applied in several European countries.

Continue reading »

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Apr 13

The Entire Economy Is a Ponzi Scheme (ZeroHedge, April 13, 2013):

Bill Gross, Nouriel Roubini, Laurence Kotlikoff, Steve Keen, Michel Chossudovsky, the Wall Street Journal and many others say that our entire economy is a Ponzi scheme.

Former Reagan budget director David Stockman just agreed:


YouTube Added: 10.04.2013

So did a top Russian con artist and mathematician.

Even the New York Times’ business page asked, “Was [the] whole economy a Ponzi scheme?

In fact – as we’ve noted for 4 years (and here and here) – the banking system is entirely insolvent. And so are most countries. The whole notion of one country bailing out another country is a farce at this point. The whole system is insolvent.

As we noted last year: Continue reading »

Tags: , , , , , , , , , , , , , , , , , , , , , ,

Nov 22

The US-Israeli Attack on Gaza (Global Rearch, Nov 20, 2012):

The Western media in chorus has described the Israeli attack on Gaza as an ad hoc IDF-led counterterrorism operation, launched on the grounds of “self defense” in response to Palestinian rocket attacks on Israel.

While reports acknowledge that president Obama, in the wake of the November 6 elections, had granted a “Green Light” to Tel Aviv, the central issue does not pertain to Washington’s support but rather to the direct involvement of the US government and military in the planning and implementation of the attack on Gaza.

There is evidence that Operation “Pillar of Cloud” was implemented in close liaison with Washington in the context of the broader process of allied military planning. Senior US military officials were on location in Israel working with their IDF counterparts in the days leading up to the attack.

Operation “Pillar of Cloud” was launched on the 14th of November, exactly one week after the US presidential elections. It was slated to be launched irrespective of  the outcome of the US elections. The first action was the targeted assassination of the leader of Hamas’ military wing Ahmed Jabari. The operation has since evolved towards a generalized bombing campaign and ground invasion involving the announced deployment of some 75,000 Israeli troops.

US- Israeli War Games

Continue reading »

Tags: , , , , , , , , , , , , , ,

Jul 30


YouTube Added: 30.07.2012

Description:

The U.S. military chief says the fighting in Syria’s largest city of Aleppo will ultimately be ‘a nail in President Assad’s coffin’. Leon Panetta is currently on a Middle East tour, promising to continue to push for Assad’s departure. RT spoke to Michel Chossudovsky from the Centre for Research on Globalization. He believes there are indications that NATO states may soon move from war mongering against the Syrian regime to real action.

Related info:

William Engdahl: ‘World Being Readied For Aggression Against Syria’

Webster Tarpley: NATO’s Al-Qaeda Wing Clipped In Syria (Video)
Continue reading »

Tags: , , , , , , , , , ,

Aug 19

See also:

US (And Allies) Demand Syria’s President Bashar al-Assad To Step Down, Impose Sanctions (Freezing Of All Syrian Assets, Banning Syria Oil Imports, etc.)



YouTube Added: 17.08.2011

To Syria now, where the UN is pulling out its staff amid growing concern about the violent crackdown by government forces against demonstrators. It comes as activists say over 30 people have been killed since troops seized control of the northern port city of Latakia.

But, director of the Center for Research on Globalization – Michel Chossudovsky – says the hype around the Syrian crisis is being orchestrated from abroad. Continue reading »

Tags: , , , , , , , , , ,

May 29

‘Climatic warfare’ potentially threatens the future of humanity, but has casually been excluded from the reports for which the IPCC received the 2007 Nobel Peace Prize. Michel Chossudovsky is a Professor of Economics at the University of Ottawa and an editor at the Centre for Research on Globalization, www.globalresearch.ca
_______________________________________________________________________________

Beware the US military’s experiments with climatic warfare, says Michel Chossudovsky

Rarely acknowledged in the debate on global climate change, the world’s weather can now be modified as part of a new generation of sophisticated electromagnetic weapons. Both the US and Russia have developed capabilities to manipulate the climate for military use.

Environmental modification techniques have been applied by the US military for more than half a century. US mathematician John von Neumann, in liaison with the US Department of Defense, started his research on weather modification in the late 1940s at the height of the Cold War and foresaw ‘forms of climatic warfare as yet unimagined’.

During the Vietnam war, cloud-seeding techniques were used, starting in 1967 under Project Popeye, the objective of which was to prolong the monsoon season and block enemy supply routes along the Ho Chi Minh Trail.

The US military has developed advanced capabilities that enable it selectively to alter weather patterns. The technology, which is being perfected under the High-frequency Active Auroral Research Program (HAARP), is an appendage of the Strategic Defense Initiative – ‘Star Wars’. From a military standpoint, HAARP is a weapon of mass destruction, operating from the outer atmosphere and capable of destabilising agricultural and ecological systems around the world.

Weather-modification, according to the US Air Force document AF 2025 Final Report, ‘offers the war fighter a wide range of possible options to defeat or coerce an adversary’, capabilities, it says, extend to the triggering of floods, hurricanes, droughts and earthquakes: ‘Weather modification will become a part of domestic and international security and could be done unilaterally… It could have offensive and defensive applications and even be used for deterrence purposes. The ability to generate precipitation, fog and storms on earth or to modify space weather… and the production of artificial weather all are a part of an integrated set of [military] technologies.’ Continue reading »

Tags: , , , , , , , , , , , , , ,