Friday, August 26, 2011

NATO Unloads more ordnance on Libya than the Luftwaffe dumped on Britain during WW2

Nazi Luftwaffe over England
Image source
As of yesterday, NATO reports having conducted a total of 20,395 air sorties over Libya since March 31, including 7,681 strike sorties.

NATO does not report how much high explosive was delivered to Libyan targets, but we can make a rough estimate. A Canadian CF-18 can deliver between six and eight tons of armaments, depending on which particular version of the plane is deployed, whereas and American B-2 stealth bomber can deliver up to 60 tons in a single sortie. It would seem conservative, therefore, to assume an average bomb load of around ten tons per strike sortie (even allowing for a percentage of aborted missions), or a total of 77,000 tons.

That compares favorably with the 74,000 tons that the Nazis managed to drop over England during the Blitz of WW2, and amounts to more than ten kilograms of high explosive for every citizen of Libya.


NATO blast in Tripoli. Image source
There is a difference, though, between the Luftwaffe dropping bombs more or less haphazardly in the vicinity of London or some other very large target -- usually at night from above a blanket of cloud -- and NATO delivering laser guided smart bombs in Libya today. Smart bombs yield much more useful death and destruction per ton.

Nazi bombing of Britain during WW2 killed about 40,000 civilians. No reliable estimates of the death toll from NATO bombing in Libya are available: but is it likely to be less than 40,000?

Meantime:

The Tripolitanians aren't cheering that much;

the African Union won't recognize the rebel Transitional Council;

But unlike Libya all is peaceful in Morocco (Human Development Index rank 125 versus Libya, the highest in Africa, at 58)

And those ingrates in South Africa have started talking about NATO war crimes in Libya.

And NATO declares being in Gadaffi’s political camp a capital offence.

On a more cheeful note: NATO nations set to reap spoils of Libya war.

Tuesday, August 23, 2011

Tripoli Falls: Why No Celebration?

Where are the crowds throwing flowers? Image source

Gadhafi falls. Yet the news headlines are hardly triumphal. The reason, I suspect, is that few believe we have seen the end of NATO's war on Libya. Almost certainly, what we are seeing now is only the end of the beginning.

Their way smoothed by NATO bombing, the rebels, who may have been aided by any number of Iraq- or Afghanistan-war-hardened mercenaries funded by NATO, have been able to enter Tripoli and will most likely soon occupy the seats of government.

We saw something very much like this in Afghanistan when the US bombed a way open for the Northern Alliance to enter Kabul in the first months of the war. Yet that war is still ongoing ten years later.

Likewise in Iraq. The Iraq Army, softened up by heavy aerial bombardment, was unable to mount a significant defense of Baghdad. But the occupation of the capital was only the beginning of the war, which continues sporadically even now.

At latest report, Gadhafi sons "released" by rebels. Source

Gadhafi is said to have distributed millions of automatic weapons to the Libyan populace. The prospect of deadly violence for years to come seems high.

But this war may differ from the others in that NATO troops will play little if any role on the ground. Why? Because NATO now has an army of trained mercenaries at its disposal who, under the guise of Libyan rebels, can do any necessary ground fighting as effectively and more cheaply than American, Canadian or other NATO forces and without that unpleasantness with flag-draped coffins returning home to America, Britain, France, etc. on a regular basis.

There is already talk of the foreign oil companies returning to Libya. But a return to full production could take years if Libyan nationalists and Gadhafi loyalists engage in a guerrilla struggle to expel the colonists.

Offshore exploration, authorized by the "Rebel" government may now proceed, although the possibility that the loyalists are able to launch the odd Skud missile could be a deterrent. A Macondo-sized spill in the Med, would end any prospect of offshore drilling for years to come.

Meantime:

The Tripolitanians aren't cheering that much;

the African Union won't recognize the rebel Transitional Council;

But unlike Libya all is peaceful in Morocco (Human Development Index rank 125)

And those ingrates in South Africa have started talking about NATO war crimes in Libya.

The New American World Order: How It Works

To understand how the American empire works, one needs to know three things.

First, asVitali and colleagues at Einstein's alma mater -- the ETH in Zurich Switzerland -- demonstrate in a highly technical arxiv.org publication, a few dozen mostly financial corporations have direct or indirect control over a large proportion of the rest of the World's transnational corporations.

Second, as theoretical physicist Michio Kaku explains, the large multinational corporations based in the United States are dependent for their intellectual resources not on Americans or the American educational system, but on the H1B, the genius visa, that brings to America scientific and engineering talent from throughout the World.

Third, as John Stewart demonstrates, American democracy is a system under which the multinational corporations, through ownership of the media, ensure that the American people vote for one or other of the candidates acceptable to -- which is to say controllable by -- the managers of the great multinational corporations, i.e., the dynamic members of the plutocratic elite. (As the John Stewart clip indicates, Ron Paul is not an acceptable candidate for President because he is opposed to multiple, trillion dollar wars, which are an important source of income to a number of very large multinational corporations and the means by which those corporations gain unrestricted access to the World's resources and markets.)

From these premises, the basic characteristics of the American New World Order can be inferred:

Money rules: global governance means plutocracy.

National governments must serve global, not national, interests. For example, the failure of America's government-mandated and controlled education system to develop to the full the intellectual resources of the American population is not a concern, since American corporations can obtain intellectual resources more cheaply by pillaging the resources of other nations than by supporting a first-rate, tax-funded system of education in America.To the extent that America's educational system minimizes the resistance of the public to brainwashing by advertising and the media, it serves a positive New World Order function.

Redrawing the Middle East Map, as proposed by war strategist Ralph Peters
 in the US Armed Forces Journal: Image source.

Consistent with their role under the New World Order, national governments must seek to destroy the identity, culture, religion, and unique genetic inheritance of every nation, thereby facilitating the international free flow of people, capital and goods that is essential to profit maximization by transnational corporations. This is a policy of universal genocide, as the term genocide was defined by Raphael Lemkin, who coined the term.

National governments that seek to remain independent, whether to maximize the human potential and well-being of their own people, or to further the ambitions of their own ruling elite, are to be destroyed by US/NATO, the enforcement arm of the New World Order. After the crushing of Libya, the nation with the highest human development index in Africa, on the absurd pretext of protecting the people from their own government, will come the subordination of Syria, Lebanon, Pakistan, Saudi Arabia and Iran, or so it has been announced (see map). There will then remain to be dealt with, those most nationalistic of nations, Russia and China.

By then, the United States, itself, will present no impediment to the global rule of a deracinated international plutocracy. Having served its purpose as the engine for the destruction of the nations of the Earth, America will have fragmented into an assemblage of racial, religious and cultural entities at war with one another and incapable of a coherent democratic will able to assert a national interest.

Sunday, August 21, 2011

Are the alternative media just nuts?

There are plenty of complacent self-congratulatory bloggers who will tell you that the mainstream media (MSM) are rubbish and that the only useful sources of information are the alternative media, a claim that is utterly absurd. The alternative media provide almost no news at all. They leech off the MSM, picking and choosing and putting their own spin on the selected data.

Almost no alternative media site offers original news reporting. Wikileaks, for example, provides not news, but carefully screened stolen documents, including some that may be doctored or entirely fraudulent.

True, some in the alt. media world occasionally make some actual news gathering effort. Matt Drudge made a lightening visit to Afghanistan in the opening days of the American assault on that country with laughably trivial results in reportable news. Webster Tarpley recently spent a couple of days reporting from Libya. But collectively, the alt. media news gathering effort is essentially nil.

The MSM provide more than just news, however. Opinion is cheaper than news and the MSM is full of it. Here the alt. media provide real competition, some of which may be enlightening. Yet much, probably most, comment in the alt. media is ill-informed, paranoid or outright insane -- proving that George H. W. Bush is a reptilian extra-terrestrial being one amusing example.

The questionable value of alt. media commentary is a common feature not only of the work of unknown bloggers, but of people who might be expected to make some sense. Former UK Ambassador to Uzbekistan, Craig Murray (CM), for example, whose blog caters to a bizarre collection of Communists, settler immigrants, Anglophobic racists, Muslim proselytizers and other oddities.

Among the oddities, was occasionally to be found the worthy Canspeccy attempting to engage with advocates of various bizarre ideas in the belief that it could be fruitful to attempt rational debate on the Internet. But I have now, it seems, been banned from commenting on craigmurray.org.uk, which is perhaps as well, since there are surely being better things to do with what remains of my one and only life.

However, inasmuch as I am inclined to devote time to scribbling on the Internet, craigmurray.org.uk offers a fascination source of nonsense for examination.

Here, for example, is Craig Murray writing today about the recent UK riots and, in general, on Britain's current social and economic difficulties.
... In both public and private organisations, the earnings differential between the highest and lowest paid should be limited by law to a factor of four, including the effect of all non-salary perks and benefits. ... Will Hutton has been promoting a factor of ten in the public sector – that is far too wide an equality gap.
My response to this, which failed to pass "moderation" was:
The first half dozen paragraphs of this post are excellent. Nicely written. Punchy. To the point.

But the rest is totally nuts.

"the earnings differential between the highest and lowest paid should be limited by law to a factor of four ..."

LOL

Exit the financial services industry, which accounts for 9.4% of Britain's GDP, produces a 25 billion pound annual trade surplus and pays a quarter of all corporate taxes.

For that matter, exit pretty well all relatively senior business people, professionals and civil servants, including ambassadors, for better paid opportunities abroad. Or will the Murrayite Socialist Republic have a wall around it like East Germany?

There are quite sensible and simple solutions to poverty and ignorance, but recreating a Soviet-style system in Britain is not one of them.

It is the widespread acceptance of the idea that all problems must be solved by a further expansion of a monstrous bureaucracy (which already consumes more than half the wealth of the country) that is destroying Britain.

But I suppose one last push by the Commies for total control of everything might be useful inasmuch as it will hasten the day of the counter-revolution.
To quote further, Murray wrote:
... [the] wish to promote worker partnership and cooperatives needs to be given concrete form by legislation forcing all companies to give truly significant – I am thinking around forty per cent – shareholdings to employees.
Oh, dear! exit all footloose corporations from the UK.

Then comes:
[If one] really wants to roll back the excesses of the last thirty years, then natural monopolies like the utilities companies and the railways need to be returned fully to public ownership. PFI should be discontinued and all PFI assets nationalised without compensation.
Oh dear! again. Murray, I suppose, is too young to remember what a crap state Britain's major industries were in the last time they were nationalized. I actually worked for one of them, The Central Electricity Generating Board, at their Research Centre on the Campus of the UK Atomic Energy Authority at Capenhurst in Chester -- next to the uranium enrichment plant.

In some ways, it was a great place to work. My colleagues were smart people. During the year that I spent there, I shared an office with a physicist and a chemist from whom I learned more useful science than during the three previous years I'd wasted in university obtaining a PhD.

The pay was good. Whether it exceeded four times the then average wage I am not sure, but my starting salary, at the age of 23, was twice that of a university assistant lecturer. And the conditions of work were excellent. When I traveled on business, a secretary obtained first-class rail tickets for me and arranged a taxi to take me to the station.

The thing was, though, that the entire project was absurd. Our objective? To find ways to increase the national demand for electricity.

LOL.

But CM's economic vision extends even more widely.
There is of course much else, of which limiting banking transactions to the actual funding of purchase of property, goods and services, rather than gambling on future values of those things, is perhaps the most important.
Well, I suppose that's OK since the banking sector will pretty well have abandoned Britain due to the cap on incomes, so no new ex-migration of capital, technology or talent can be expected to come from this. And I suppose the Government could restore the Post Office's role as a savings bank. Probably a post office manager can still be had for less than four times the average wage.

But why not simply impose sensible controls on private credit creation and then allow the market to work within that framework? The banking industry worked well under post 1929-crash regulations until those regulations were idiotically or criminally repealed. The obvious thing is to restore those regulations. But to rely on a market mechanism operating within a sensible framework of laws, when you can impose government micro-management on every aspect of business activity is, I suppose, anathema to an advocate of Soviet-style Utopia.

Under CM's "radical reforms" the average wage will, incidentally, be much lower than now, not only because half of Britain's companies will have packed up and gone offshore driving the country into the deepest of economic depressions, but simply because by eliminating salaries more than four times the present average, the average will be greatly reduced.

Thursday, August 18, 2011

Hammarskjöld's plane shot down: Utoya push back?

Wreckage of Hammarskjöld's plane, Northern Rhodesia, 1961.

Evidence reported yesterday suggests that the plane that crashed in Northern Rhodesia killing UN Chief, Dag Hammarskjöld, on September 17, 1961 may have been shot down by one of the colonial powers.

According to telegrams seen by the Guardian that were dispatched in the days immediately prior to Hammarskjöld's death reveal:
US and British anger at an abortive UN military operation that the secretary general ordered on behalf of the Congolese government against a rebellion backed by western mining companies and mercenaries in the mineral-rich Katanga region.
A British-run commission of inquiry blamed the crash on pilot error.

Does the timing of this report indicate a coordinated Scandinavian push back in response to the Breivic attrocities in Norway?

Meantime, Sweden has made an offer of military assistance in the war on Libya that NATO has found it possible to refuse.

As a neutral country, Sweden has had a longstanding interest in seeing the UN work as an honest mediator of international disputes. Sweden's failure to offer anything of use in NATO's perverse interpretation of UN Resolution 1973, is not, therefore, altogether surprising.

As the toll of Libyan civilians killed by NATO bombing mounts in a fraudulently justified war for control of Libyan resources, this might be a good time for Canada to consider adopting a position of political neutrality. Not that one can expect such originality of thought either from the Tories or the pathetic pro-war NDP opposition.

Moreover, Canadian neutrality would be costly, since as a neutral, we could not expect automatic access to NATO military technology, e.g., dud British subs, or overpriced US-built F-35's.

But perhaps we could enter into some shared-cost programs with Sweden. They have a very quiet sub with an air-independent propulsion (AIP) system based on the Stirling engine, and a punchy littler fighter too.

Saturday, August 13, 2011

UK Riots: Updated August 18, 2011

It's a yob: Brian Gable, Globe and Mail
Not the last time London will burn New Internationalist Blog
London riots: Social meltdown Fulham interview U-Tube Vid
Riot-hit London boroughs among worst unemployment blackspots Guardian
How the Government handled the 1911 Llanelli riots Wales on Line
Libs plan to shame rioter, make them clean up their own mess Mirror
The long history of London's riotous mob Vancouver Sun
London police read encrypted Blackberry messages of arrested rioters Guardian
Mom distraught after turning in daughter over U.K. riots TO Star
The Real Source of the British Riots U-Tube Vid.
Police water cannon and plastic bullets? The failure of the welfare state Peter Hitchens
"Left-wingers at last meet the filthy thing they have created, and which they ignored when it did not affect them personally."
Cameron: 'national service' for 16-year-olds and human rights law reform Daily Mail
After the inferno Economist
...the backlash could extend beyond crime to include welfare and other social issues. "The left is imploring the public to consider the underlying causes of the riots. They should be careful what they wish for. Voters might conclude that the deep-seated causes are not poverty, discrimination and austerity—the riots took place in a country whose government currently spends half of its national income—but welfare dependency, broken homes and moral nihilism. ..."
Cameron: Riot-hit UK must reverse `moral collapse' AP
UK gangs thrive in August riots AP
Hackney Woman Says NO to London Rioters U-Tube Vid
London Riots and the Big Picture Gilad Atzmon
Riots and corruption: The fish rots from the head down Washington's Blog
Tottenham is a government-created welfare ghetto Freedom Radio
Chuckie and Cam visit riot-hit Tottenham. Image Source
David Starkey On Newsnight (Whites Have Become Blacks) Newsnight
Historian attacked for noting that that many urban white youths have adopted black ganster culture
Trying to be honest in a rigid culture of unjustified certainty John Ward
The Run-up for the Riots in London Occidental Observer
Bill Bratton Accepts Job to Help Britain Control Gang Violence NBC
Britain, having deliberately recreated America's racially divided society, imports an American to manage the resulting conflict.

Great Britain Great No Longer

Image Source

The American historian, Carroll Quigley (1910-1977) explained how England emerged as the World's greatest empire (1588 - 19??) by virtue of a geographical advantage: the security provided by the narrow waters of the English Channel, an advantage that ended with the creation of new weapons based on air power in the period after 1935. ...

Having security from the Continental powers gave Britain freedom of action. It could chose whether or not to intervene in Continental disputes and, if it did intervene, it could limit its commitment. If such a limited commitment were exhausted it could choose to break off or increase the commitment. Moreover, by supporting the second strongest Continental power against the strongest power, it could frustrate the ambition of the strongest power at rather small cost. By such balance-of-power tactics, Britain played a decisive role on the Continent, while retaining a surplus of resources for imperial ventures.

The Continental powers rarely had such freedom of action:
When the security of a continental Power was threatened by a neighbor, it had no freedom of action, but had to defend itself with all its resources. Clearly, it would be impossible for France to say to itself, "We shall oppose German hegemony on the Continent only to the extent of 50,000 men or of $10 million." Yet as late as 1939, Chamberlain informed France that England's commitment on the Continent for this purpose would be no more than two divisions.

Britain's position on the Atlantic, combined with her naval control of the sea, gave her a great advantage when the new lands to the west of that ocean became one of the chief sources of commercial and naval wealth in the period after 1588. ...

At the same time, Britain's insular position deprived her monarchy of any need for a large professional, mercenary army such as the kings on the Continent used as the chief bulwark of royal absolutism. As a result, the kings of England were unable to prevent the landed gentry from taking control of the government in the period 1642-1690.
The triumph of the landed oligarchy over the monarchy created a social tradition quite distinct from that on the Continent. As a result:
England did not obtain a bureaucracy such as appeared on the Continent. This lack of a separate bureaucracy loyal to the monarch can be seen in the weakness of the professional army ... and also in the lack of a bureaucratic judicial system. In England, the gentry and the younger sons of the landed oligarchy studied law in the Inns of Court and obtained a feeling for tradition and the sanctity of due process of law while still remaining a part of the landed class. In fact this class became the landed class in England just because they obtained control of the bar and the bench and were, thus, in a position to judge all disputes about real property in their own favor. Control of the courts and of the Parliament made it possible for this ruling group in England to override the rights of the peasants in land, to eject them from the land, to enclose the open fields of the medieval system, to deprive the cultivators of their manorial rights and thus to reduce them to the condition of landless rural laborers or of tenants. This advance of the enclosure movement in England made possible the Agricultural Revolution, greatly depopulated the rural areas of England (as described in The Deserted Village of Oliver Goldsmith), and provided a surplus population for the cities, the mercantile and naval marine, and for overseas colonization.
Naturally, during the heyday of Empire, no one in England had any idea that their imperial supremacy was the result of mere chance. Indeed, Britain's extraordinary intellectual and artistic efflorescence during the age of empire pointed entirely the other way. Shakespeare was the poet for all ages. Newton invented modern science. Adam Smith and David Ricardo invented economics. Locke, Berkeley and Hume established the only useful school of philosophy the World has ever known. Britain did not produce the greatest musical composer, but the greatest musical composer, Georg Friedrich Haendel, became a naturalized British citizen.

Thus, when Darwin convinced the world that competitive success was the ultimate measure of all things, how could it be doubted that Britain's extraordinary success was due to the genius of the British nation?

Unfortunately, this delusion drove the British to assume that their post WW2 difficulties would be solved by the more liberal application of British genius. Thus, for example, as Terence Keeley wrote (2)
There is a central myth about British science and economic growth, and it goes like this: science breeds wealth, Britain is in economic decline, therefore Britain has not done enough science. Actually, it is easy to show that a key cause of Britain's economic decline has been that the government has funded too much science...

Post-war British science policy illustrates the folly of wasting money on research. The government decided, as it surveyed the ruins of war-torn Europe in 1945, that the future lay in computers, nuclear power and jet aircraft, so successive administrations poured money into these projects--to vast technical success. The world's first commercial mainframe computer was British, sold by Ferrranti in 1951; the world's first commercial jet aircraft was British, the Comet, in service in 1952; the first nuclear power station was British, Calder Hall, commissioned in 1956; and the world's first and only supersonic commercial jet aircraft was Anglo-French, Concorde, in service in 1976.

Yet these technical advances crippled us economically, because they were so uncommercial. The nuclear generation of electricity, for example, had lost 2.1 billion pounds by 1975 (2.1 billion pounds was a lot then); Concord had lost us, alone, 2.3 billion pounds by 1976; the Comet crashed and America now dominates computers. Had these vast sums of money not been wasted on research, we would now be a significantly richer country.

And science was not the only field in which massive innovation was attempted. During the twentieth century Labour governments pursued a programme of democratic socialism that involved massive nationalization of industry: coal, steel, electricity, railways, gas, airlines, and much else, including partial nationalization of banks by the last Labour Government. The net result, inevitably, was massive overmanning, managerial incompetence and corruption throughout a large part of British industry.

Thus, as any sane person can see, application of British genius to social engineering has done more harm than good. But now Britain is almost entirely in the hands of statist innovators. The idea that Britain's past wealth and intellectual achievements were dependent on the exceptional individual freedom of the British people is rarely considered and never advocated by politicians whatever their political stripe. Thus virtually all wealth accumulates in the hands of either a massively bureaucratic government that now spends more than 50% of the nation's income, or the increasingly foreign business and financial elite that buys protection for its interests by funding elections and paying off politicians as they retire.

In the social, as in the economic sphere, freedom is continually diminished. Political correctness is rigidly enforced not only by government agencies, but increasingly, by individuals brainwashed by the state through the subjection of every citizen to between ten and twenty years of propaganda delivered in the guise of education.

But undoubtedly the most astounding consequence of Britain's psychotic response to the reality of her declining position in the world, is that it aims at the physical and cultural destruction of the British people as a genetic and cultural entity. Government sponsored hate speech is directed at anyone speaking for the preservation of the British race, the existence of which is blandly denied. We are all one happy, identical human race, so the elite inform working class Brits marginalized economically by an influx people from all over the World (3). Yet delusional as they are, the elite, while denying the existence of the British race, champion diversity, never explaining how creating a racially and culturally diverse community can result in anything but either a multicultural disaster or through the process of homogenization, the destruction of diversity.

And, if the images of the English riots provided by the media are at all representative, the process of national auto-genocide in Britain is now far advanced. The English, it would appear, are a minority in all of those urban centers subject to the recent breakdown in social order and decency.

Not only is Great Britain no longer great, it is, except in name, increasingly not even British.

Neither is it democratic, since most of the population are opposed to mass immigration, nor is it civilized. As recent Polish immigrant, Monika Konczyk, told reporters after she had been forced to leap from a second floor apartment set on fire by London rioters:
I came to England because I thought it was a great country full of kind and gentle people. I thought London was a civilised society full of gentlemen and ladies. But it is not like that. England has become a sick society.

I found myself jumping for my life after being attacked by thugs and thieves. They set fire to my building without any thought for anyone's safety.

They were happy for me to die. They were like animals, greedy selfish animals who thought only of themselves.
(1) Carroll Quigley, 1966. Tragedy and Hope.
(2) Terence Kealey, October 13, 1996. Wasting Billions, the Scientific Way (The Sunday Times).
(3) Such reference to the negative impact of immigration on the local population is dismissed by the brainwashed and the propagandists as "racism," whereas it is merely an expression of the impact of immigration on the interests of the indigenous people of Britain. It in no way implies criticism of immigrants, no doubt fine people in most cases, who are doing what each of God's creatures must do, serving their own interest, as best they can. Provided they do so in accordance with law, they should not be condemned for being immigrants. Illegal immigrants, however, who are numerous in Britain, are another matter.

Friday, August 12, 2011

UK Riots Update August 13, 2011

Tariq Jahan holds a picture of his son,
Haroon, murdered during Birmingham riots 
Mark Duggan's Ganster Relations The Sun
Britain’s Riots: Thuggery, Looting, Lawlessness… By the Ruling Class Global Research
England is sick, says woman who jumped from blazing building Telegraph
Legacy of a society that believes in nothing A.N. Wilson
Something has gone horribly wrong in Britain Peter Oborne
The culture of greed and impunity we are witnessing on our TV screens stretches right up into corporate boardrooms and the Cabinet. It embraces the police and large parts of our media. It is not just its damaged youth, but Britain itself that needs a moral reformation.
Who is to blame? John Ward
POLITICANS MUST TAKE THE BLAME FOR RIOTS, SAYS MP David Davies
Three Pakistani youths murdered by hit and run driver in Birmingham Times of India
Islamists call for further violence as cover for terrorist outrage Montreal Gazette
Race forms backdrop to riots Guardian
Social media not quite  the tool of democratic change some claimed CBC
Primary school assistant pleads guilty to looting Guardian
Disbelief as looting and violence spread to Gloucester Guardian
Ghanaians arrested, 3 charged Ghana Web

Thursday, August 11, 2011

NATO Mission Failure in Libya

By Thierry Meyssan
From Voltair.net

The following is a rough translation of the French language article by Thierry Meyssan, that appears on Voltairenet.org.

Meyssan explains the failure of NATO's strategy to overthrow the Gaddafi regime. He argues that if the mission is continued, NATO's strategy will continue to be ineffectual and that, if Gaddafi is killed, the war will likely spread, not only across North Africa, but also into Southern Europe.

Despite the bleak picture, the project will not be abandoned. In Iraq we saw a "cakewalk" turn into a long drawn out and bloody war, which has yet to give way to peace. In Libya, NATO will not be deterred by the spilling of blood. NATO is the most powerfully armed military camp the world has ever seen. Unless NATO itself collapses due to circumstances unforeseen, it will continue blundering from one war crime to the next, bombing and killing until Libya submits or there are no more Libyans left to offer submission.


After 150 days of bombing, NATO has razed many facilities in Libya, but has achieved no significant military result. This was due to the lack of strategic planning. NATO applied in Libya methods designed for other environments, but which proved useless in this particular case. The greatest military alliance in history, formed to confront the USSR, dreamed of becoming the world's policeman, but the transformation has failed.

NATO intervened in Libya with a UN mandate to protect civilians, but it sought an objective beyond the UN mandate, which was to change the political regime of the country.

After almost 150 days of war, NATO has failed to undermine Libya's institutions. Given the disparity of forces, we must admit the military failure and question the strategy.

The Alliance started from a faulty analysis that the eastern and southern tribes hostile to Muammar Gaddafi would easily take Tripoli with the aid of air support. Instead, however, the tribes viewed the bombing as a foreign aggression and rallied to the "Brother Leader" to repel the invasion of crusaders.

As a result, the Alliance could count on only two ground components: the 3000 trained soldiers that General Younes Abdel Fatah had brought with him when he defected from Gaddafi, and the hundreds, perhaps thousands, of fighters from the Arab networks of Saudi Prince Bandar Bin Sultan, known as the "Al Qaeda nebula."

After the killing, in a particularly atrocious way, of General Younes by jihadists of Al Qaeda, rebel forces have collapsed: Younes' soldiers rallyied to Colonel Gaddafi to fight Al Qaeda and avenge their leader. Operational command of rebel forces has devolved to Haftar Khalifa, i.e., the special forces of the CIA, which does not hesitate to recruit anyone to fight for the rebel cause, including child soldiers.

This improvised army, announces every other day a victory, but in fact suffers only defeats. Each battle scenario is the same: NATO bombs the population, forcing them to flee their homes. The locality is immediately besieged by rebel forces who announce that they have gained ground. Only then does the battle begin with the Libyan army moving into the city and massacring the rebels. Then the population moves back into the partially destroyed town.

The Atlantic Alliance could interpret U.N. Resolution 1973 broadly and consider that although the text explicitly prohibit the deployment of foreign troops on the ground, such a deployment is legitimate if it is intended to "protect civilians".

NATO would then face a population armed to the teeth and ready to do battle. The Libyan leader Gaddafi has indeed delivered a Kalashnikov and ammunition to every adult male. While the Libyan population lacks organization compared with that of NATO, it has a clear numerical superiority, and is prepared to accept heavy losses, whereas NATO troops are unwilling to die for Tripoli.

At the outset, strategists in Washington felt that this asymmetry was of no important because NATO has complete control of the air.

This doctrine, unchallenged in the United States, has been openly challenged by European members of NATO. Belief in the superiority of air power arose with General Giulio Douhet based on the outcome of the Italo-Ottoman War, that is to say the Libyan war of 1911. At the time, the Italians bombed Tripoli, the first aerial bombardment in history. Frightened by this new weapon, the Ottoman Empire ceded without a fight. Italian troops took possession of Tripoli without firing a shot, which convinced Douhet that it was possible to win a war solely with air power. This analysis is incorrect because it confuses the reaction to aerial bombardment of Libya's Ottoman rulers with the reaction of Libyans. The Libyan response to Italian aggression occurred later with the Libyan uprising.

Exactly a century later, the same conceptual error about the significance of air power has been repeated. To control the country, NATO would have to in send ground troops and, like the Italians in the years 1912-14, kill more than half of the population of Tripoli, which is not exactly the purpose of Resolution 1973.

To date, the Atlantic Alliance has designed its bombing campaign according to the doctrine of Douhet and improvements that have been made since, including the theory of the five circles of John A. Warden III, who gained experienced in Iraq. The idea is that the targets should not be chosen to destroy the enemy armed forces, but to paralyze the command centers, including cutting the means of transmission and circulation.

NATO has discovered that Libya is ruled by people's congresses and Muammar Gaddafi has reduced most of the administration functions to their simplest expression. There are no major departments sovereign, just small offices. The ministers are not leading figures, but team leaders who surround themselves with skilled professionals. The power is diluted and elusive. What was a headache for businessmen who came to Libya -- finding the right people -- has become a puzzle to NATO strategists -- who should they target? Five months of bombing have failed to find the answer.

The Atlantic Alliance is fixated on Muammar Gaddafi. Is he not the Father of the Nation? Would not eliminating him, destroy the principle of authority in Libyan society, resulting in instant Iraqisation, which would plunge the country into chaos? But, unlike Iraq after the removal of Saddam, tribal structure and the horizontal structures of power would remain. Even when torn by internal conflicts, the Libyan people remain an organic entity defiant of the foreign invasion. Not only would no military problem be solved by the removal of Gaddafi, but the theater of war would be cease to be delimited: the war would inevitably spill across North Africa and into southern Europe. Killing Gaddafi could be NATO's worst mistake.

In the absence of an effective strategy, the Alliance has fallen back on the old habits of the American military culture, those of the Korean War and Vietnam: making life impossible for the population so as to dissociate it from the leadership. Since the beginning of Ramadan, NATO has strengthened the naval blockade to cut off the supply of gasoline and food, it has bombed power plants, water supply systems, agricultural cooperatives, small fishing ports and public meeting halls.

In short, the Alliance has done exactly the opposite of what it was mandated to do by the Security Council and the various parliaments of the Member States: instead of protecting the civilian population against a tyrant, NATO terrorizes civilians to compel them to rebel against The leader they support.

This strategy is expected to last until the end of Ramadan, by which time there will remain only three weeks for the Alliance to achieve significant victory before the bell rings on September 19, and the United Nations General Assembly meets. It could seek clarification on the current operation, note the failure of the Security Council to restore peace, and enforce its own recommendations.

For the resumption of fighting on the ground in early September, NATO has supplied weapon to the rebels in Misrata and will clear the road for the advance on Zlitan. France has refused to supply additional weapons to the rebels, but Qatar has supplied a plane to deliver weapons, despite the UN embargo. On the night of August 8 to 9, the Alliance cleared Majer Hill that could serve as an outpost in the defense of Zlitan. It also bombed farms and tents that housed twenty displaced families, killing 85 people including 33 children.

NATO Stops Gadhaffi From Killing Some of His Own People By Killing Them First

By Mahdi Darius Nazemroaya
GlobalResearch.ca

TRIPOLI, Global Research, August 10, 2011 – The North Atlantic Treaty Organization (NATO) conducted intensive attacks on Libyan civilians in the night of August 8 and in the early hours of August 9, 2011 from approximately 2:00 a.m. to 4:00 a.m. EET.

Civilians in Tripoli and many other cities in Libya were bombed indiscriminately by NATO.

A large number of casualties occurred in the city of Zliten, in the district of Misurata. In Zliten, 85 people were killed including 33 children, 32 women, and 20 men as a result of NATO’s deliberate targeting of residential areas and civilian infrastructure. Many of the injured civilian victims are in critical condition and near death.

Zliten has been under constant NATO bombardment for several days. The recent NATO attacks started at about 11:30 p.m. EET on August 8, 2011. At least 7 civilian homes belonging to local farmers were destroyed, killing entire families. In all 20 families were the targets of the NATO bombings.

The images below pertain to destroyed farm houses in Majer, near Zliten.






















Destroyed farm house in Majer, near Zliten. Copyright of all photos above. Matthew Ozanon 2011

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Allan Watts discusses nothing



Alan Wilson Watts (6 January 1915 – 16 November 1973) was a British philosopher, writer, and speaker, best known as an interpreter and popularizer of Eastern philosophy for a Western audience.

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Wednesday, August 10, 2011

Understanding the US Credit Downgrade

Standard and Poors has downgraded the US Government's credit rating from Triple A to Double A plus. This is supposed to reflect a decline in the ability of the U.S. Government to repay debt.

On the face of it, this is a piece of total nonsense from a totally discredited source.

It is nonsense because the US Government prints its own money, so both interest payment and debt repayment can always be made.

The source is discredited by the fact that, with the other US ratings agencies, Standard and Poors rated toxic mortgage bonds Triple A, when they should have been rated Triple F crap. That they were not rated Triple F crap is the reason that the US and many other countries are now loaded with debt, both public and private.

That the more astute Wall Street operatives knew the mortgage bonds were crap at the time they were rated is evident from the fact that Goldman Sachs profited mightily by shorting the Triple A-rated crap, they'd only just created.

But even though S and P's downgrade of the US credit rating is bollocks from a totally worthless source -- sustained in business only by a stupid government regulation that requires an outside agency to rate all newly created bonds -- it is not insignificant.

Markets reacted sharply to the downgrade, but not as you'd expect if the downgrade had anything to do with the ability of the US Government to pay its debts or to maintain the purchasing power of the dollar.

On the contrary, US Government bonds rallied, and stocks sold off, because people evidently preferred to own dollars than real assets.

This response is consistent with the expectation that there will be further cuts to government spending, which will cause further economic contraction, which will drive down both incomes and business profits, which will mean a further decline in asset prices.

So what was it all about?

Paul Craig Roberts explains the downgrade as a blow by Wall Street in an ongoing struggle for dominance between Wall Street on the one hand and the military/security complex on the other hand.

Wall St. knows it has to down-size and it wants to ensure that the military/security complex,  its rival for power and influence over government, is downsized also. 

 The downgrade is damaging to the credibility of the Obama administration and thus intensifies pressure for spending cuts. The response of the military/security complex, suggests Roberts, is to demand cuts to social programs, not to the wars of imperial conquest or to the subjugation of the American people to TSA groping and the Homeland Security apparatus of civilian oppression justified by bogus terror scares featuring incompetent morons attempting to set light to their underwear or blow airliners out of the sky with build-it-on-board liquid bombs.

So far as it goes, the explanation is plausible. But there is another contender for resources and influence that Roberts does not mention: namely, the corporate sector, including both the military/security sector and the rest.

Nothing has done more damage to America's financial and material well being than the corporate sector's pursuit of wage-cost savings through off-shoring of production and services, out-sourcing of supply to low-wage economies, and the Federal-Government-sanctioned open door to illegal immigrants prepared to work for minimum wages, or for less than minimum wages in the roaring underground economy.

Thus, the corporate sector, which is the chief cause of collapsing demand, falling real wages and rising unemployment, needs government stimulus to raises demand and maintain profits .

In any case, the debt downgrade needs to be seen in the context of a struggle over the distribution of wealth among four sectors: finance, the military/security complex, the rest of the corporate sector and ordinary folks needing jobs and expecting to receive the pensions and other social services they've paid for through their taxes.

Almost certainly, the struggle will be resolved at the expense of the people, although as riots rage across England, the thought of revolution must be stirring in the minds not only of the people, but the ruling elite.

In summary, Wall Street pressure for further cuts to government spending is consistent with our view that the economy is being managed with the aim of driving wages in America toward parity with wages in Asia: this to be achieved by the maintenance of depression conditions that prevent nominal wages from rising, combined with continual currency devaluation that inflates away much of the real value of both wages and debts.

See also:
Mish's Three Cardinal Rules of Stimulus: All Wrong
Why economics is bunk and what that means for the economy
America's inflationary depression
USA versus China: Wage Convergence, Wealth Divergence and Global Hegemony
US Economy: Expecting the Unexpected
USA Boom or Bust: The Next Decade
Why China Booms While America Slumps
China's Economy Already Larger Than America's

Tuesday, August 9, 2011

English riots: Update August 10

UK RIOTS - INSIDE JOB? Aangirfan
London police ordered to stand and observe' as capital burned Daily Mail
"These bastards are not English" RT
Policing seems to work The Daily Mash
London descends into anarchy Melanie Phillips
Bleeding, I called 999. A tired man told me to go home Andrew Gilligan, The Telegraph
Even looters with Blackberrys can be ‘poor’ Liberal Conspiracy
London burns; Tripoli calm Global Research
London riots: 'we can't cope', police admit Telegraph
As rioters looted and burned their way through London’s shopping centres and high streets for a third successive night, Scotland Yard’s 6,000 street officers were hopelessly outmanoeuvred.
Middle class people worried about job security sign up for course in looting Daily Mash
Eng-a-land swings like a pendulum: Riots create image problems YaYa Canada
Smoking or not, Mark Duggan’s gun was loaded John Ward
Now in Manchester and the Midlands Daily Mail
Trouble flares in Salford, Wolverhampton and West Bromwich‎ Guardian
Spirit of the Blitz: London fights back Telegraph
Business calculates the cost of rioting FT
There's the upside. It may make the GDP growth number positive again

English Immigrant Underclass Riots: Who Benefits

The imaginative convent girls over at Aangirfan raise the possibility (and here) that the riots now spreading through Britain's major urban centers -- London, Liverpool, Birmingham, Bristol -- may not have been so spontaneous as the media has so far generally assumed. We have seen how social destabilization in the Middle East and North Africa has been driven by an organized storm of Tweeting and other forms of digital networking, mostly in the English language oddly enough, assisted surely by agents provocateurs on the ground. Should we dismiss the possibility of something similar in England?

The Australian reports:
THE destruction in dozens of parts of London began to look like the first "BlackBerry riots" yesterday, with gangs using the smartphones to co-ordinate some of their targets for looting and burning.

Instant messages sent on BlackBerry devices brought a 100-strong mob to pillage the Tesco store at Bethnal Green, while nobody touched the larger Tesco in the low-income area of Hackney, barely 200m from the spot where the third day of rioting began with a broad-daylight attack on a police car.

The use of social media and BlackBerry messages to identify targets led many politicians to characterise the rioting as a coherent operation, casting it as a deliberate protest against police brutality, government spending cuts and high unemployment.

The view looked very different at street level, where it was evident that the driving force of the riots was a brutal mob mentality: diverse, opportunistic and terrifyingly unpredictable.
A riot, characterized by politicians as a "coherent operation" sparking a "brutal mob mentality," to which the police responded only slowly and inadequately, certainly raises questions. Questions that seem to make the left distinctly uncomfortable. The Guardian is quick to reassure its readers, who might otherwise suffer the terrible experience of having to hold someone morally responsible for their actions, that "Tottenham's young people are rioting because they see no future."

Likewise, mass immigration advocate and former UK ambassador, Craig Murray, comforts his blog followers with the assurance that this "is not a race issue," which I suppose it's not if, like Murray, you believe that there is no such thing as the British race, or therefore, presumably, any race at all, other than one happy, equal and identical human race.

But if the left are uncomfortable, is the right in any way benefited?

Quite possibly.

Although the British media are generally reluctant to mention it, the riots are essentially an insurrection by a largely immigrant, frequently criminal, almost totally ignorant, usually welfare dependent, unemployed underclass. The vast majority of the indigenous people of Britain believe that these people have been foisted upon them by an arrogant ruling elite answerable only to the monied interest, which sees mass immigration as the way to break the power of trades unions, drive down wages and solve the servant problem.

As the Daily Mail reported on August 5th, the day before the Tottenham riot started:
Nearly three quarters of Britons think there are too many immigrants in the country, a survey revealed yesterday.

Fears: Seven in 10 Briton believe there are too many immigrants in the country and an even higher proportion believe they are having a negative impact on public services
Fears: Seven in 10 Briton believe there are too many immigrants in the country and an even higher proportion believe they are having a negative impact on public services

Some 76 per cent of those questioned said immigration had put too much pressure on hospitals, transport services and schools.

The poll exposes the huge on-going scale of public worry over migration levels in recent years.

Under Labour’s open door immigration policy, the population was boosted by more than 3.2million arrivals from overseas.

Home Secretary Theresa May has made clear her determination to reduce net migration to the ‘tens of thousands’.
But then, the Mail report continues with this absurdity:
But the task of the coalition government in trying to get migrant numbers down to manageable levels has been made harder by a recent spike in new arrivals.
Interpretation: The immigrant flood cannot be stemmed, because, well, it's a flood.

In fact, the immigrant flood cannot be stemmed because the British have been indoctrinated since the time of the government of Ted Heath, a totalitarian in conservative's clothing, that to proclaim Britain as the home of the British people, open to immigration only in accordance with the democratic will of the people, is to reveal oneself as an far-right-wing extremist and racist: racist and far-right-wing extremist being the terms consistently applied by the liberal-left as synonyms for opponent to mass immigration.

This leaves British politicians in a difficult situation. To flout the wishes of the majority of the population on the issue of immigration, at a time when Britain's major urban centers including the capital London, are being taken over by immigrants, is becoming increasingly difficult, and is certainly unconstitutional.

However, to breach the psychological edifice that has been created to thwart the democratic will also presents hazards.

For the left to do it, as some are contemplating, will generate howls of betrayal from the immigrant community that comprises a large part of their electoral base, as well as huge disphoria among the more indoctrinated elements of the white lib-left.

For the right to do it, means defying the monied interest and facing the endless and hate-filled taunts of racist and fascist from the left.

What, then, to do? Spark a massive race riot, hold the police back until the thing is blazing across the nation, then use the disaster as the rationale for necessary restraint on immigration, thereby establishing a populist base for the right?

Monday, August 8, 2011

London riots Update August 9

These riots were about race. Why ignore the fact? Telegraph
High end looting... it's all the riot NZ Herald
Tottenham's young people are rioting as they see no future Gruniard
They evidently see a future in theft and violence
Riots spread: Birmingham, Nottingham, Liverpool and Bristol ABC News
Gangsta Britain: people forced to strip by looters Daily Mail
Keep away from Britain! Governments warm Daily Mail
UK Riots: 16,000 Officers and Plastic Bullets Daily Mail
FALSE FLAG LONDON RIOTS? Aangirfan
If you see a fed... SHOOT! The Age
London riots: 'This isn't a protest.. it's madness' Mirror
Destabilization by social media comes to Britain Bloomberg
The London Mob Rules Vancouver Sun
Rioting spreads to Birmingham Express and Star
* Shop windows in the city centre smashed, clothes and mobile phones stolen
* Thugs with knives running through the street, photographer beaten up
* Police tonight condemned the thugs: Arresting them would be more use
David Cameron cancels holiday to deal with London riots Herald Sun
London violence raises 2012 Olympic concerns LongIslandPress.com
England cricket team stranded by rioters in Birmingham Herald Sun
Red sky at night, Tottenham's alight - as looters get to work Daily Mail
* Furniture to die for
* This wasn't a protest - it was shopping with violence
Tottenham: a community blighted by drugs and gun crime Telegraph
Riots go city wide Telegraph
Rolling coverage of the third night of London violence Telegraph
Tottenham: Our community was dying. now it's dead Mirror

Sunday, August 7, 2011

Tottenham Riot and Multicultural Bollocks

Tottenham residents express their disapproval of
the police: dozens injured. Source

On August 5, the Sun newspaper reported
A GUNMAN was killed by cops last night in a shoot-out in which an officer survived when a bullet seemingly hit his radio.

He was downed by a marksman after firing first and hitting the officer. Witnesses said police had shouted at the man to stop but he ignored them.

...The officers had been attempting to carry out an arrest under Operation Trident, which deals with gun crime in the black community.

The Independent Police Complaints Commission has launched an investigation into the shooting.
The incident, which occurred in the London suburb of Tottenham, prompted an overnight riot two days later during which, according to the Guardian's report, residents expressed their anger toward the police in the following ways:
One group pulled a safe out of the William Hill bookmakers while a boy, probably no more than 12, ran by with a television. Others came running with shopping trolleys to load up.

A few minutes later, a man with a mask approached us, accusing us of being police and warning us to leave or he would "fetch his friends".

Flames rages through a building in Tottenham. Fire crews were
prevented from tackling it in case they were attacked by rioters. Source

... A large building not far from Bruce Grove tube station had been gutted. Its basement was once a jewellers. "A nice man," one of a pair of women standing on the corner said. "Now he's lost everything."

... Further down, the 1930s building once occupied by Carpetright was also gutted, its walls bowed and threatening to collapse.

"There were once flats above there, too," a woman [said] "They don't know if everyone got out," she said.
Concerning which, John Ward writes:
The Tottenham unpleasantness last night had all the hallmarks of a classic inner-city riot, the key catalysts for which are the police doing their job, black youths feeling their livelihood is being threatened ...

The tragedy these days is that, sadly, the Left will have a comeback against observations such as those above. Apart from the standard “You’re a racist dinosaur”, the shout will be “It’s the cuts”, followed by “The People are showing their disgust at social unfairness” and, very probably, “What, and you believe the police do you?” The greedy and corrupt in society have thus given this rabble and their sympathisers such excuses. There is, however, no excuse at all for West Indian gun-based lawlessness: it’s been with us for twenty years, and the profound social problems that derive from loose familial structures therein have been part of inner-city British life since the mid 1970s.

The difference now, I suspect, is that the days of fluffy tolerance are almost gone. And as the depression gets worse over the next year or so, it will disappear completely. But when it comes to gun-crime specifically, this is really a smokescreen for ‘hard-drugs dealing’. And in this area specifically, the British Establishment most certainly does have a case to answer.

The reality is that casual – ‘recreational’ – powder-sniffing is a major facet of our culture. Even in the highest circles of power – witness dead Tories in toilets (still no Coroner’s decision on that one, by the way) and nicknames like Tooting Norton. Which is why I have often said and written in the past that the Colombian marching powder may yet bring down Camerlot.
It appears that the underdog-loving, immigrant-embracing, law-an-order-hating lib-left have made a right hideous, corrupt, dangerous and disgusting mess of the old country.

THIS JUST IN:

Looting 'fuelled by social exclusion' Gruniard
Poor buggers didn't all have a 36 inch flat screen TV
EU demands Britain admit immigrants intending to go straight on to benefits Telegraph
And what the benefits won't cover, they can just go out and steal like everyone else
Local MP on Tottenham riot Sun
Tottenham riot mob tried to torch car with baby inside Sun
Mark Duggan: profile of Tottenham police shooting victim Guardian
Police corruption and the UK drug trade Aangirfan
Tottenham Anti-Police Protestor Poses With His Loot Twitpick
Tottenham residents help themselves to more in "anti-police" riots Daily Mail
* Three police hospitalized after being hit by fast-moving vehicle
* Racism campaigner says rioters had legitimate grievances
* Three fire engines come under attack on second night of rioting
* Teenagers told 'bring knives and hammers' to clashes in Enfield
The Tottenham Dynamic Craig Murray
Tottenham riot: burning of Carpet Right in pics Liberal Conspiracy

Latest Update

Saturday, August 6, 2011

US Navy SEALs: Two Helicopters

US Navy helicopter: Abbottabad, Pakistan

Discussing the May 2nd raid by US Navy SEALs on what was said to be Osama Bin Laden's hide-away in Abbottabad, Pakistan, Paul Craig Roberts writes:
In the immediate aftermath of bin Laden’s alleged murder by [U.S. Navy] SEALs, Pakistani TV interviewed the next door neighbor to bin Laden’s alleged compound. Someone supplied the video with an English translation running at the bottom of the video. According to the translation, the next door neighbor, Mr. Bashir, said that he watched the entire operation from the roof of his house. There were three helicopters. Only one landed. About a dozen men got out and entered the house. They shortly returned and boarded the helicopter. When the helicopter lifted off it exploded, killing all aboard. Mr. Bashir reports seeing bodies and pieces of bodies all over.
the US soldiers who undertook the alleged assassination of bin Laden were members of Navy Seal Team 6.

Today, it was reported that a helicopter crash in Afghanistan killed 31 Americans, including 22 members of Navy SEALs Team 6.

Was that just a grim coincidence? Or is one report somehow related to the other?

Another witness to the US raid on Bin Laden's Abbottabad compound, Sadik Aale Mohammad, who lives about a mile from the massive Pakistan Army compound in Abbottabad reported that on the night of the US raid:
the power in town went out a couple of hours before the raid, which was unusual as was the way in which unidentified troops were hustling about prior to the raid. The power was restored 15 minutes after the raid. Around midnight, they first started hearing firing and blasts, grenades. When the helicopter crashed, there was a huge bang.
Who, one wonders, was doing all that shooting, since Osama bin Laden was said to be unarmed? Was the Pakistan Army aware of the raid on their territory? It's hard to believe they were not, since the raid took place within a mile of a major Pakistani military base. And the power outage and blackout would have provided cover for Pakistani forces. So did Pakistan forces take out one of the American helicopters? If so, they are not saying.

But in any case, the two reported incidents would have resulted in a large number of dead Navy SEALs.

Or have those who may have died in the helicopter crash following the heroic assassination of an unarmed, sick old man, only now been reported killed -- supposedly, during an anti-insurgency operation in Afghanistan? Helicopters go down all the time in Afghanistan. Four Chinooks, and several other types this year already. So it would have been simple enough to conceal losses in Pakistan -- just add the names to the list of those killed in the latest crash, and return some well charred bodies for burial. Without a DNA test, the deception would be undetectable.

Who knows, but had the US lost a dozen men in a helicopter crash while infringing Pakistan's sovereignty in a mission having only propaganda value, it would surely have limited the Obama Presidency to a single term, just as the botched Tehran hostages mission, which resulted in the loss of two aircraft and the deaths of eight American servicemen, ended Jimmy Carter's hopes of a second Presidential term.

Further analysis by Aangirfan here.

Thursday, August 4, 2011

Mish's Three Cardinal Rules of Stimulus: All Wrong

Michael Shedlock's Global Economic Trends Analysis provides an enjoyably philistine deconstruction of the received economic wisdom, and is often correct.

But, under the heading: Keynesian Clowns Argue For More Stimulus, Mish offers these Cardinal Rules of Stimulus:
  1. First rule of stimulus: It always runs out.
  2. Second Rule of stimulus: All it can do is create a greater pile of debt.
  3. Third rule of stimulus: Spend enough money and interest on debt will eventually consume you.
all of which are wrong.

First, stimulus need not run out provided that the government is able to print its own money (as the US can, but Greece, Italy and Spain cannot) and does not run out of paper and ink or, since this the electronic age, digits.

Second, stimulus need not create debt, provided the government resorts to money printing, aka quantitative easing, rather than borrowing (technically, money printing gives rise to a debt on the books of the Federal Reserve, but the interest paid by the Treasury on that debt is refunded to the Treasury, less expenses).

Third, provided government borrowing is accompanied by sufficient money printing, the value of any debts incurred as a result of stimulus spending will be inflated away at a rate at least equal to the interest rate.

So yes, the US can go on stimulating as long as it wants. Yes, if it does so, it will destroy the savings of those who hold dollars and dollar-denominated debt instruments. But it can go on indefinitely, until the price of a loaf of bread is specified in rail cars full of dollar bills.

Ideally, the stimulus spending should go to projects that yield a return on investment. That way, idle assets, including workers, are made productive in ways that expand the real output of the economy, thus nullifying the inflationary effects of stimulus spending. Unfortunately, so far, the money has mostly gone to swindling banksters and unproductive bureaucratic activities.

Sadly, the US Government seems devoid of ideas for investment in human capital and infrastructure that could radically enhance the future productivity of the nation. Obama could surely earn credit by announcing a national competition for new stimulus ideas, with  multi-million-dollar prizes for the best productivity-boosting proposals.

But in any case, expect stimulus spending and quantitative easing to continue intermittently: not enough to restore full employment, just enough to stave off revolution. The aim is for gradual dollar devaluation, inflation and a reduction in real wages leading to wage convergence between the US and the developing world.

See also:
Why economics is bunk and what that means for the economy
America's inflationary depression
USA versus China: Wage Convergence, Wealth Divergence and Global Hegemony
US Economy: Expecting the Unexpected
USA Boom or Bust: The Next Decade
Why China Booms While America Slumps
China's Economy Already Larger Than America's

Tuesday, August 2, 2011

At the Beach

For some perverse reason, I talk to you every day. Nobody pays me to write this pathetic blog. There’s no advertising or revenue stream from the site. In fact, it costs a bundle just to have it hosted on servers with giant dogs surrounding them. Yeah, occasionally somebody throws me twenty bucks to buy a book, but nobody in Canada survives as an author. Garth Turner

When this blog was launched in March, I thought maybe I could get 100 page views a day.

On Sunday, Canspeccy had 541 page views.

Wow!

Now if I can double that, square it and multiply by two, I'll have a real big blog.

Trouble is, just as momentum builds, I can't think what to say next!

And I notice that the big blogs, Mish, the Slog, Aangirfan, among those I am familiar with, are remarkably diligent, often making multiple substantial posts daily.

Well, Canspeccy will have to remain a little blog because tomorrow I am going to the beach!

After that, I hope to find renewed inspiration, hopefully with a serious attempt at explaining why it is that Carroll Quigley, a brilliant historical analyst and one of America's greatest scholars, is scarcely ever read and, if mentioned, is almost always demeaned by association with nutty conspiracy theorists, for whom he would have had no time whatever.

Be back Friday.