American Exceptionalism: Endless War, Parasitic Financialisation, Wage Stagnation, and Oligarchy

Guest Post by Jesse

“The financial system itself continues to exhibit dangerous and erratic behavior; the stock market is rigged and Wall Street is a parasitic wealth transfer operation; commodity prices plummet; junk bond defaults double; derivative exposures remain in the dark; community banks are gobbled up; and the holdings of the mega Wall Street banks become ever more concentrated, with just six banks now controlling over 90% of derivatives and 40% of deposits.”

Wall Street On Parade

There will be the usual movement to ‘blame the victims’ in this, the ‘gullible’ American people who do not wish to face the facts.  This is how it always goes, and it works because it is easy to despise the other guy, or just hate ‘the other.’

Most people are busy and working hard to make ends meet. They obtain their view of things from ‘the news media’ for the most part.

When was the last time you saw any rational discussion of any of these charts in a newspaper or on television news program?

And if the ever did present such a chart, it would be to show it and then have a ‘strategist’ from the Democratics and a ‘strategist’ from the Republicans argue about it, relying heavily on spin, emotion, and rhetoric, perhaps backed up with some ‘paid for’ studies funded by oligarchs and their think tanks.

The American people are being fed a steady stream of lies and half-truths from a captive media, and for the most part the privileged achievers keep silent to protect their own interests, to ‘go along to get along.’  They rationalize this by burying themselves in the details of their own professions.

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Why Liberal Media Hate Trump

Guest Post by Patrick J. Buchanan

In the feudal era there were the “three estates” — the clergy, the nobility and the commons. The first and second were eradicated in Robespierre’s Revolution.

But in the 18th and 19th century, Edmund Burke and Thomas Carlyle identified what the latter called a “stupendous Fourth Estate.”

Wrote William Thackeray: “Of the Corporation of the Goosequill — of the Press … of the fourth estate. … There she is — the great engine — she never sleeps. She has her ambassadors in every quarter of the world — her courtiers upon every road. Her officers march along with armies, and her envoys walk into statesmen’s cabinets.”

The fourth estate, the press, the disciples of Voltaire, had replaced the clergy it had dethroned as the new arbiters of morality and rectitude.

Today the press decides what words are permissible and what thoughts are acceptable. The press conducts the inquisitions where heretics are blacklisted and excommunicated from the company of decent men, while others are forgiven if they recant their heresies.

With the rise of network television and its vast audience, the fourth estate reached apogee in the 1960s and 1970s, playing lead roles in elevating JFK and breaking Lyndon Johnson and Richard Nixon.

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5 Stories the Media Missed While Obsessing over the #StarbucksRedCup

Guest Post by Claire Bernish

(ANTIMEDIA) U.S. Inc. — When billionaire presidential hopeful Donald Trump inexplicably decided this week that boycotting Starbucks over the ‘de-Christmas-ization’ of their ubiquitous red holiday coffee cup was somehow a matter of national importance, the internet exploded — and American mainstream media fanned the flames.

People from every conceivable walk of life suddenly found themselves with a reason to rise up against the establishment coffee chain and scream in indignation about this newly-neutral — and cheerlessly Grinch-ified — affront to humanity. As if this inane insanity over an innocuous paper cup weren’t an embarrassing enough commentary on the U.S.’ populace’ lack of priorities — by Wednesday morning, the corporatocracy ever-so nobly answered the outrage: Dunkin’ Donuts unveiled its decidedly cheerful, appropriately Christmas-ized version of its holiday cup.

Yes, indeed. Starbucks’ apparent war on Christmas has now fully morphed into a de facto corporate Battle of the Paper Cups. People immediately responded by declaring their undying allegiance to either Team Grinch or Team Santa, conveniently ignoring the fact that these mega-corporations just figured out their most lucrative holiday marketing strategies — weeks before Thanksgiving even crossed people’s minds.

But the passion these warring coffee cup factions have managed to muster is indisputably misplaced, especially considering the bevy of pertinent issues that directly affect us all and are inherently more deserving of outrage. Though the month isn’t yet halfway behind us, there are already myriad concerns in need of your immediate attention — and none have anything whatsoever to do with a commercialized holiday that’s still well over a month away.

Here are five things exponentially more deserving of your indignation than a paper cup — no matter its design (or lack thereof):

1. The Trans-Pacific Partnership (TPP)

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A Useful Prep-Sheet on Syria for Media Propagandists

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Here are some State Department talking points on Syria for cable news anchors:

1) Keep mentioning the barrel bombs. Do not mention how their use was pioneered by the Israeli Air Force in 1948, and how they were used by the US Air Force in Vietnam in Operation Inferno in 1968. Keep repeating, “barrel bombs, barrel bombs” and stating with a straight face that the Syrian regime is using them “against its own people.” Against its own people. Against its own people. Against its own people.

2) Keep mentioning “200,000.” (The UN estimates that 220,000 have been killed in the conflict since 2011.) Declare like you really believe it that this is the number of civilians the Syrian government of Bashar Assad has killed during the war. (Do not be concerned about any need to back the figure up. No one is ever going to call you on it publicly.)

Do NOT mention that around half of the war dead (estimates range from 84,000 to 133,000) are Syrian government forces waging war against an overwhelmingly Islamist opposition, and an additional 73,000 to 114,000 are anti-government combatants.

Do not discuss these figures because they would call into question the claim that the Syrian government is targeting and killing tens of thousands of civilians willy-nilly. (If feeling any qualms of conscience, recall Karl Rove’s immortal dictum that “We’re an empire now, and when we act, we create our own reality.”)

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Ron Paul: Presidential Election Is Entertainment “Orchestrated by Major Media”

Guest Post by Nick Bernabe

(ANTIMEDIA) San Diego, CA — Former congressman and presidential candidate Ron Paul has unloaded a harsh criticism of the 2016 presidential election. Appearing on RT’s Boom and Bust show Thursday, Paul commented on the media’s control of the U.S. electoral process, Donald Trump’s candidacy, and the stock market. Some of his harshest comments came when Ron Paul was addressing the media’s role in the 2016 presidential elections: “I think some of this stuff in the presidential race is orchestrated by the major media — and it’s entertainment,” he said.

Former Congressman Ron Paul, who ran for president in 2012, has some first-hand insight into the media’s role in the electoral process. In one of the 2012 Republican presidential debates, Paul famously received only 89 seconds to speak throughout the duration of the discourse. Paul’s candidacy — despite massive grassroots support — was mostly ignored by the mainstream media, reinforcing his assertion that the media “orchestrates” the election.

Proof comes from history, and as we look back at the 2012 Republican primary for answers, one simple fact slaps us in the face: One candidate was shown overwhelming favoritism while another candidate was essentially silenced.

According to a research paper from the University of Minnesota’s Smart Politics,

“… Mitt Romney received nearly five minutes more speaking time per debate above his proportional share [in the polls], while no other GOPer ended up with a net bonus of even one second for the debate season.”

The paper continued,

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Thumpathumpthump, Here Come Trump: Pols Have Knickers in Knot

What is it that puzzles New York about Trump’s enormous appeal? . He does what so many of us desperately want. He takes no guff from the loathsome talking heads who have never baited a hook or worried about a mortgage payment or been bankrupted by the confluence of Wall Street and Pennsylvania Avenue. He doesn’t whimper and wriggle and apologize like a puppy who has wet the rug after saying something that upsets the priss spigots. He says, perhaps in different words, what so many want to say. “Stick it where the sun don’t shine.”

It’s wonderful. The Beltway bastards just don’t know what to do about it. They try all the political-correctness sure-fires—“You are racist! Sexist! Insensitive! Islamophobic!”–and he doesn’t respond correctly. No. He says, “Up yours, Potato Chip. I made ten billion dollars. What have you ever done?”

It’s love at first sight. So many people are sick of disintegrating bottle-blonde wreckage and proliferating vegetation—we have enough Bushes for a goddam arboretum—and all the inbred scum of a dying country.

But.

How much of what he says is true, and what could he as President actually deliver? He chiefly wants to deport illegal aliens. Fine–but can he? Does he really plan to?

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“Keep Reporting On Bright Economic Future” – China Ministry Of Truth Demands Media “Properly Interpret” Data

Tyler Durden's picture

The following censorship instructions, issued to the media by government authorities, have been leaked and distributed online. As China Digital Times reports, propaganda directives issued by the Xinhua News Agency and the Central Propaganda Department show that Chinese media are being instructed to “properly interpret economic data,” and “promote discourse on China’s bright economic future.”

As China Digital Time reports, two leaked images of propaganda directives issued by the Xinhua News Agency and the Central Propaganda Department show that Chinese media are being instructed to report positively on the economy. CDT has translated both.

The first below is the Xinhua notice, which asks its various departments to draft plans for promoting the discourse on China’s bright economic future.”

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Office of the Xinhua News Agency Editor-in-Chief

Notice

To the departments of Domestic News (Central Government Procurement Center), International News, Domestic News for Overseas Service, Photography, Reference News, and Audio-Video; the CNC [China Xinhua News Network Corporation], Xinhua Online, the New Media Center; all media reporting platforms; and the Editorial Department:

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The great illusion of free press

Guest Post by Mike Walsh

I regularly enjoy coffee with two mainstream media editor friends.

Neither will carry my articles because of my ‘pro-Russian leanings.’ I won’t play a part in mainstream media’s orchestrated anti-Russian rhetoric. Be proud of me; my candid nature suggests that, in the Euro Weekly News at least, you enjoy a free press.

A fiction usually directed at Russia is that it doesn’t have a free Press; rhetoric without substance. Let us instead take a look at the so-called free Press in the West.

William Colby, ex-director of the Central Intelligence Agency, is a man who should know Western media: “The CIA (Central Intelligence Agency) owns everyone of any significance in the major media.”   Not long after becoming a whistle-blower Colby died in a freak canoeing accident.

There is no disguising the sinister and insidious nature of CIA tentacles: “In the US 90 per cent of all TV, newspapers, radio, magazines are owned and controlled by six mega corporations. You can’t get a word in there that connects to the real world.” So says American political analyst Mark Mason. Former BBC Director-General, Greg Dyke, wrote in his autobiography: “When it came to discussing the war in Iraq, staff found it so difficult to find any member of the public prepared to speak in favour that they ended up planting people in the (Question Time) audience.”

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How we’d cover Ferguson if it happened in another country

This is a hysterical satire of what the rest of the world sees when we dictate what should happen in their countries. Introspection is not a strong point of the American Empire

Via VOX

How would American media cover the news from Ferguson, Missouri, if it were happening in just about any other country? How would the world respond differently? Here, to borrow a great idea from Slate’s Joshua Keating, is a satirical take on the story you might be reading if Ferguson were in, say, Iraq or Pakistan.

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Reporters surround Ferguson Police Chief Thomas Jackson (Scott Olson/Getty Images)

 

FERGUSON — Chinese and Russian officials are warning of a potential humanitarian crisis in the restive American province of Missouri, where ancient communal tensions have boiled over into full-blown violence.

“We must use all means at our disposal to end the violence and restore calm to the region,” Russian Foreign Minister Sergei Lavrov said in comments to an emergency United Nations Security Council session on the America crisis.

The crisis began a week ago in Ferguson, a remote Missouri village that has been a hotbed of sectarian tension. State security forces shot and killed an unarmed man, which regional analysts say has angered the local population by surfacing deep-seated sectarian grievances. Regime security forces cracked down brutally on largely peaceful protests, worsening the crisis.

America has been roiled by political instability and protests in recent years, which analysts warn can create fertile ground for extremists.

Missouri, far-removed from the glistening capital city of Washington, is ostensibly ruled by a charismatic but troubled official named Jay Nixon, who has appeared unable to successfully intervene and has resisted efforts at mediation from central government officials. Complicating matters, President Obama is himself a member of the minority sect protesting in Ferguson, which is ruled overwhelmingly by members of America’s majority “white people” sect.

Analysts who study the opaque American political system, in which all provinces are granted semi-autonomous self-rule, warned that Nixon may seize the opportunity to move against weakened municipal rulers in Ferguson. Missouri’s provincial legislature, a traditional “shura council,” is dominated by the opposition faction. Though fears of a military coup remain low, it is still unknown how Nixon’s allies within the capital will respond should the crisis continue.

Now, international leaders say they fear the crisis could spread.

“The only lasting solution is reconciliation among American communities and stronger Missouri security forces,” Chinese President Xi Jinping said in a speech from his vacation home in Hainan. “However, we can and should support moderate forces who can bring stability to America. So we will continue to pursue a broader strategy that empowers Americans to confront this crisis.”

Xi’s comments were widely taken as an indication that China would begin arming moderate factions in Missouri, in the hopes of overpowering rogue regime forces and preventing extremism from taking root. An unknown number of Kurdish peshmerga military “advisers” have traveled to the region to help provide security. Gun sales have been spiking in the US since the crisis began.

Analysts warn the violence could spread toward oil-producing regions such as Oklahoma or even disrupt the flow of American beer supplies, some of the largest in the world, and could provide a fertile breeding ground for extremists. Though al-Qaeda is not known to have yet established a foothold in Missouri, its leaders have previously hinted at assets there.

Though Missouri is infamous abroad for its simmering sectarian tensions and brutal regime crackdowns, foreign visitors here are greeted warmly and with hospitality. A lawless expanse of dogwood trees and beer breweries, Missouri is located in a central United States region that Americans refer to, curiously, as the “MidWest” though it is nearer to the country’s east.

It is known among Americans as the home of Mark Twain, a provincial writer from the country’s small but cherished literary culture, and as the originator of Budweiser, a traditional American alcoholic beverage. Budweiser itself is now owned by a Belgian firm, in a sign of how globalization is transforming even this remote area of the United States. Analysts say some american communities have struggled as globalization has pulled jobs into more developed countries, worsening instability here.

Locals here eat a regional delicacy known as barbecue, made from the rib bones of pigs, and subsist on traditional crafts such as agriculture and aerospace engineering. The regional center of commerce is known locally as Saint Louis, named for a 13th century French king, a legacy of Missouri’s history as a remote and violent corner of the French Empire.

Though Ferguson’s streets remained quiet on Friday, a palpable sense of tension and uncertainty hung in the air. A Chinese Embassy official here declined to comment but urged all parties to exhibit restraint and respect for the rule of law. In Moscow, Kremlin planners were said to be preparing for a possible military intervention should political instability spread to the nearby oil-producing region of Texas.

MIDDLE EAST IS A TINDERBOX READY TO EXPLODE

It’s funny that you can watch an entire episode of reality TV, known as National Mainstream Media News, without seeing any stories about the Palestinian civilians being murdered by Israeli missiles. I wonder if it has anything to do with Jews controlling virtually all of American media.

The weapons of mass destruction storyline is again being rolled out as the reason why the U.S. will have to save the world by going back into Iraq. The sheeple will dutifully believe anything they are told by their keepers. That story never grows old.

At least eight children have been killed in the last 24 hours as Operation Protective Edge launched by Israeli forces entered its second day. IDF claimed it has hit at least 160 targets in Gaza since Tuesday – READ MORE http://on.rt.com/0v48us

The death toll in Gaza has risen to 64 after 14 people — including seven women and children — were killed in Israeli airstrikes as Operation Protective Edge entered its third day – READ MORE http://on.rt.com/bp4zlh

Iraq says “terrorist groups” have seized nuclear materials used for scientific research at a university in the country’s north. Iraq’s UN envoy has appealed for help to “stave off the threat of their use by terrorists in Iraq or abroad” – READ MORE http://on.rt.com/hx1hqw

Amazingly Deceptive Headlines, Part 1

I couldn’t agree more with John Rubino and his assessment of the captured propaganda spewing corporate media. They are nothing but mouthpieces for the establishment. Their headline is designed to make the reader think that foreign countries continue to desire U.S. debt and are buying it with abandon. Nothing could be further from the truth, as Russia dumps Treasuries, with China and Japan selling too. Only Zero Hedge questioned the storyline.

Russia Dumps 20% Of Its Treasury Holdings As Mystery “Belgium” Buyer Adds Another Whopping $40 Billion

Belgium is a tiny, barely solvent country, with a GDP of $420 billion. This country has supposedly bought $200 billion of US Treasuries in the last few months and now owns $381 billion of our debt. That is a laughable statistic. This country is clearly being used as a conduit for an unnamed entity to buy our debt, because the Fed is tapering and the rest of the world knows that buying our debt at 2.50% is a guaranteed losing proposition.

The headlines in the MSM should be SCREAMING about the fact that Belgium could not possibly be buying this much debt. But no, that isn’t their job. They are supposed to keep the sheeple sedated and calm. Deception is the name of the game.

 

Guest Post by John Rubino at Dollar Collapse

Reporters and their editors (and the corporations that employ them) have the power to shape readers’ perceptions by, for instance, choosing what fact to put first in a story or which expert to quote in what context. But the most powerful tool is the simplest: the headline. Because many people read only that, and many others have their perception of an article shaped by the first words they see, this sentence fragment is frequently as important as everything that comes after.

Consider this, from the Associated Press:

 

Foreign Holdings of US Treasury Debt Hits Record

Foreign buyers of U.S. Treasury securities increased their holdings in March to a record high.

The Treasury Department said Thursday that total foreign holdings rose 1 percent to $5.95 trillion from $5.89 trillion in February.

China, the largest foreign buyer of Treasury debt, reduced its holdings by less than 0.01 percent to $1.27 trillion. Japan, the second-largest buyer, cut its holdings 0.8 percent to $1.2 trillion.

Belgium, Luxembourg, Switzerland, major oil exporting nations and Caribbean countries involved in banking all increased their holdings. Meanwhile, Russia shed almost 21 percent of its holdings in March following international tensions over its move to annex part of Ukraine.

Russia controls $100.4 billion worth of U.S. Treasury securities, or just 1.7 percent of all foreign holdings. The United States and Russia have imposed sanctions on each other after parts of the Crimean Peninsula with ethnic and political ties to Russia began an attempt to secede from Ukraine in late February.

Foreign demand for U.S. Treasury securities is expected to remain strong this year, aided by more borrowing certainty with a congressional agreement to suspend the debt limit until March 2015.

Now, let’s tease out a few facts:

Trading powers China and Japan cut their Treasury holdings, while superpower wannabe Russia dumped fully one-fifth of its dollar-denominated debt. Meanwhile, Belgium and Luxembourg and a few others more than made up the slack, enabling the Associated Press to open with a glowingly-positive message (foreign investors love dollars!).

The truth appears to be something else entirely. How could Belgium and Luxembourg (total combined population 12 million) buy enough US debt to offset Russia dumping 21% of its Treasuries? The answer is that it’s highly unlikely they would do this in a single month unless they’re part of an under-the-table deal through which Western powers are hiding the fact that major holders of dollars appear to be losing faith in the currency and/or bridling at US foreign policy arrogance.

So the cover-up is the real story, and a more honest headline would feature Belgium’s purchases and the reasons for this shift in dollar ownership. “Russia sells Treasuries while Belgium buys; analysts wonder why” would be both more honest and more provocative without being sensationalistic.

But of course it would also pose a difficult question, which is apparently no longer the corporate media’s job.