All posts by Peter Koenig

The World is Dedollarizing

What if tomorrow nobody but the United States would use the US-dollar? Every country, or society would use their own currency for internal and international trade, their own economy-based, non-fiat currency. It could be traditional currencies or new government controlled crypto-currencies, but a country’s own sovereign money. No longer the US-dollar. No longer the dollar’s foster child, the Euro. No longer international monetary transactions controlled by US banks and – by the US-dollar controlled international transfer system, SWIFT, the system that allows and facilitates US financial and economic sanctions of all kinds – confiscation of foreign funds, stopping trades between countries, blackmailing ‘unwilling’ nations into submission. What would happen? Well, the short answer is that we would certainly be a step closer to world peace, away from US (financial) hegemony, towards nation states’ sovereignty, towards a world geopolitical structure of more equality.

We are not there yet. But graffities are all over the walls signaling that we are moving quite rapidly in that direction. And Trump knows it and his handlers know it which is why the onslaught of financial crime – sanctions, trade wars, foreign assets and reserves confiscations, or outright theft – all in the name of “Make America Great Again”, is accelerating exponentially and with impunity. What is surprising is that the Anglo-Saxon hegemons do not seem to understand that all the threats, sanctions, trade barriers, are provoking the contrary to what should contribute to American Greatness. Economic sanctions, in whatever form, are effective only as long as the world uses the US dollar for trading and as reserve currency.

Once the world gets sick and tired of the grotesque dictates of Washington and the sanction schemes for those who do no longer want to go along with the oppressive rules of the US, they will be eager to jump on another boat, or boats, abandoning the dollar and valuing their own currencies. Meaning trading with each other in their own currencies and that outside of the US banking system which so far even controls trading in local currencies, as long as funds have to be transferred from one nation to another via SWIFT.

Many countries have also realized that the dollar is increasingly serving to manipulate the value of their economy. The US-dollar, a fiat currency, by its sheer money mass, may bend national economies up or down, depending in which direction the country is favored by the hegemon. Let’s put the absurdity of this phenomenon in perspective.

Today, the dollar is based not even on hot air and is worth less than the paper it is printed on. The US GDP is US$ 21.1 trillion in 2019 (World Bank estimate), with current debt of 22.0 trillion, or about 105% of GDP. The world GDP is projected for 2019 at US$ 88.1 trillion (World Bank). According to Forbes, about US$ 210 trillion are “unfunded liabilities” (net present value of future projected but unfunded obligations (75 years), mainly social security, Medicaid and accumulated interest on debt), a figure about 10 times the US GDP, or two and a half times the world’s economic output.

This figure keeps growing, as interest on debt is compounded, forming part of what would be called in business terms ‘debt service’ (interest and debt amortization), but is never ‘paid back’. In addition, there are about one to two quadrillion dollars (nobody knows the exact amount) of so-called derivatives floating around the globe. A derivative is a financial instrument which creates its value from the speculative difference of underlying assets, most commonly derived from such inter-banking and stock exchange oddities, like ‘futures’, ‘options’, ‘forwards’ and ‘swaps’.

This monstrous debt is partly owned in the form of treasury bonds as foreign exchange reserves by countries around the world. The bulk of it is owed by the US to itself – with no plans to ever “pay it back” – but rather create more money, more debt, with which to pay for the non-stop wars, weapon manufacturing and lie-propaganda to keep the populace quiet and in lockstep.

This amounts to a humongous worldwide dollar-based pyramid system. Imagine, this debt comes crashing down, for example, because one or several big (Wall Street) banks are on the brink of bankruptcy, so, they claim their outstanding derivatives, paper gold (another banking absurdity) and other debt from smaller banks. It would generate a chain reaction that might bring down the whole dollar-dependent world economy. It would create an exponential “Lehman Brothers 2008” on global scale.

The world is increasingly aware of this real threat, an economy built on a house of cards, and countries want to get out of the trap, out of the fangs of the US-dollar. It’s not easy with all the dollar-denominated reserves and assets invested abroad, all over the globe. A solution may be gradually divesting them (US-dollar liquidity and investments) and moving into non-dollar dependent currencies, like the Chinese Yuan and the Russian Ruble, or a basket of eastern currencies that are delinked from the dollar and its international payment scheme, the SWIFT system. Beware of the Euro, it’s the foster child of the US-dollar!

There are increasingly blockchain technology alternatives available. China, Russia, Iran and Venezuela are already experimenting with government-controlled cryptocurrencies to build new payment and transfer systems outside the US-dollar domain to circumvent sanctions. India may or may not join this club – whenever the Modi Government decides which way to bend – east or west. The logic would suggest that India orients herself to the east, as India is a significant part of the huge Eurasian economic market and landmass.

India is already an active member of the Shanghai Cooperation Organization (SCO) – an association of countries that are developing peaceful strategies for trade, monetary security and defense, comprising China, Russia, India, Pakistan, most Central Asian countries and with Iran waiting in the wings to become a full-fledged member. As such, SCO accounts for about half of the world population and a third of the world’s economic output. The east has no need for the west to survive. No wonder that western media hardly mention the SCO which means that the western average public at large has no clue what the SCO stands for, and who are its members.

Government-controlled and regulated blockchain technology may become key to counter US coercive financial power and to resist sanctions. Any country is welcome to join this new alliance of countries and new but fast-growing approach to alternative trading – and to finding back to national political and financial sovereignty.

In the same vein of dedollarization are Indian “barter banks”. They are, for example, trading Indian tea for Iranian oil. Such arrangements for goods to be exchanged against Iranian petrol are carried out through Indian “barter banks”, where currencies; i.e., Iranian rials and Indian rupees, are handled by the same bank. Exchange of goods is based on a list of highest monetary volume Indian trade items, against Iranian hydrocarbon products, for example, Iran’s large import of Indian tea. No monetary transaction takes place outside of India, therefore, US sanctions may be circumvented, since no US bank or US Treasury interference can stop the bilateral trade activities.

At this point, it might be appropriate to mention Facebook’s attempt to introduce a globe-spanning cryptocurrency, the Libra. Little is known on how exactly it will (or may) function, except that it would cater to billions of Facebook members around the world. According to Facebook, there are 2.38 billion active members. Imagine, if only two thirds – about 1.6 billion – opened a Libra account with Facebook, the floodgate of Libras around the world would be open. Libra is or would be a privately-owned cryptocurrency – and coming from Facebook – could be destined to replace the dollar by the same people who are now abusing the world with the US-dollar. It may be projected as the antidote to government-controlled cryptocurrencies, thus, circumventing the impact of dedollarization. Beware of the Libra!

Despite US and EU sanctions, German investments in Russia are breaking a 10-year record in 2019, by German business pouring more than €1.7 billion into the Russian economy in the first three months of 2019. According to the Russian-German Chamber of Commerce, the volume of German companies’ investments in Russia is up by 33% – by € 400 million – since last year, when total investments reached € 3.2 billion, the largest since 2008. Despite sanctions which amounted to about € 1 billion combined for 140 German companies surveyed and registered with the Chamber of Commerce, and despite western anti-Russia pressure, Russia-German trade has increased by 8.4 percent and reached nearly € 62 billion in 2018.

In addition, notwithstanding US protests and threats with sanctions, Moscow and Berlin continue their Nord Stream 2 natural gas pipeline project which is expected to be finished before the end of 2019. Not only is the proximity of Russian gas a natural and logical supply source for Germany and Europe, it will also bring Europe independence from the bullying sales methods of the United States. And payments will not be made in US dollars. In the long-run, the benefits of German-Russian business and economic relations will far outweigh the illegal US sanctions. Once this awareness has sunk in, there is nothing to stop Russian-German business associations to flourish, and to attract other EU-Russian business relations – all outside of the dollar-dominated banking and transfer system.

President Trump’s trade war with China will eventually also have a dedollarization effect, as China will seek – and already has acquired – other trading partners, mostly Asian, Asian-Pacific and European with whom China will deal in other than dollar-denominated contracts and outside the SWIFT transfer system, for example, using the Chinese International Payment System (CIPS) which, by the way, is open for international trade by any country across the globe.

This will not only circumvent punishing tariffs on China’s exports (and make US customers of Chinese goods furious, as their Chinese merchandise is no longer available at affordable prices, or no longer available at all), but this strategy will also enhance the Chinese Yuan on international markets and boost the Yuan even further as a reliable reserve currency, even outranking the US-dollar. In fact, in the last 20 years, dollar-denominated assets in international reserve coffers have declined from more than 90% to below 60% and will rapidly decline further as Washington’s coercive financial policies prevail. Dollar reserves are rapidly replaced by reserves in Yuan and gold, and that even in such staunch supporters of the west as is Australia.

Washington also has launched a counter-productive financial war against Turkey, because Turkey is associating and creating friendly relations with Russia, Iran and China, and foremost, because Turkey, a NATO stronghold, is purchasing the Russian S-400 cutting-edge air defense system, a new military alliance which the US cannot accept. As a result, the US is sabotaging the Turkish currency, the Lira which has lost 40% since January 2018.

Turkey will certainly do whatever it can to get out from under the boot of the US-dollar stranglehold and currency sanctions and further ally itself with the East. This amounts to a double loss for the US. Turkey will most likely abandon all trading in US dollars and align her currency with, for example, the Chinese Yuan and the Russian ruble, and, to the detriment of the Atlantic alliance, Turkey may very likely exit NATO. Abandoning NATO will be a major disaster for the US, as Turkey is both strategically, as well as in terms of NATO military power one of the strongest – if not the strongest – nation of the 29 NATO members, outside of the US.

If Turkey exits NATO, the entire European NATO alliance will be shaken and questioned. Other countries, long wary of NATO and of storing NATO’s nuclear weapons on their soils, especially Italy and Germany, may also consider exiting NATO. In both Germany and Italy, a majority of the people is against NATO and especially against the Pentagon waging wars from their NATO bases in their territories in Germany in Italy.

To stem against this trend, the former German Defense Minister, Ursula von der Leyen, from the conservative German CDU party, is being groomed to become Jean-Claude Juncker’s successor as President of the European Commission. Mr. Juncker served since 2014. Ms. Von der Leyen was voted in tonight, 17 July, with a narrow margin of 9 votes. She is a staunch supporter of NATO. Her role is to keep NATO as an integral part of the EU. In fact, as it stands today, NATO is running the EU. This may change, once people stand up against NATO, against the US vassal, the EU Administration in Brussels, and claim their democratic rights as citizens of their nation states.

Europeans sense that these Pentagon initiated and ongoing wars and conflicts, supported by Washington’s European puppet allies, may escalate into a nuclear war, their countries’ NATO bases will be the first ones to be targeted, sinking Europe for the 3rd time in 100 years into a world war. However, this one may be all-destructive nuclear, and nobody knows or is able to predict the damage and destruction of such a catastrophe, nor the time of recovery of Mother Earth from an atomic calamity.

So, let’s hope Turkey exits NATO. It would be a giant step towards peace and a healthy answer to Washington’s blackmail and sabotage against Turkey’s currency. The US currency sanctions are, in the long run, a blessing. It gives Turkey a good argument to abandon the US dollar and gradually shift towards association with eastern moneys, mainly the Chinese Yuan, thereby putting another nail in the US-dollar’s coffin.

However, the hardest blow for Washington will be when Turkey exits NATO. Such a move will come sooner or later, notwithstanding Ms. Von der Leyen’s battle cries for NATO. The breaking up of NATO will annihilate the western power structure in Europe and throughout the world, where the US still maintains more than 800 military bases. On the other hand, the disbanding of NATO will increase the world’s security, especially in Europe – for all the consequences such an exit will bear. Exiting NATO and economically exiting the US-dollar orbit is a further step towards dedollarization, and a blow to US financial and military hegemony.

Finally, investments of the Chinese Belt and Road Initiative (BRI), also called the New Silk Road, will be mostly made in Yuan and local currencies of the countries involved and incorporated in one or more of the several BRI land and maritime routes that eventually will span the globe. Some US-dollar investments may serve the People’s Bank of China, China’s Central Bank, as a dollar-divesting tool of China’s huge dollar reserves which currently stands at close to two trillion dollars.

The BRI promises to become the next economic revolution, a non-dollar economic development scheme, over the coming decades, maybe century, connecting peoples and countries – cultures, research and teaching without, however, forcing uniformity, but promoting cultural diversity and human equality – and all of it outside the dollar dynasty, breaking the nefarious dollar hegemony.

• First published at New Eastern Outlook (NEO)

Iran vs. Spineless Europe

Iran announced the second step in reducing her commitment under the 2015 so-called Nuclear Deal, officially known as The Joint Comprehensive Plan of Action (JCPOA), by exceeding the limit set by agreement of 3.67% uranium enrichment and 300 kg of enriched uranium accumulation. When asked by the media about his reaction, Trump says, “they know what they are doing” and adds, “they better be careful”. Pompeo warns Iran of “more isolation, more sanctions.”

Iran waited for 60 weeks, after the US unilaterally withdrew from the deal in May 2018, hoping that the Europeans, the so-called E3 (Germany, France and the UK) would honor their commitment to JCPOA, signed in July 2015 in Vienna, Austria. But to this day, the Europeans cannot bring themselves to detach from the US tyranny of sanctions. So, Iran went ahead with this crucial decision to also step out from the agreement.

Today, RT reports that Iran is forced to step further away from the nuclear deal. Iran is “pushing back against US sanctions and European inaction on trade, Iran is stepping up its uranium enrichment.”

In fact, Iran has already exceeded the 3.67% of enrichment and the 300 kg cap set under the JCPOA. And according to Iran’s deputy foreign minister Abbas Araghchi, who spoke to a press conference a few days ago, the enrichment levels would stand at 5 percent for now. Iran would give it another 60 weeks to wait for the European reaction.

Iran’s Foreign Minister, Javad Zarif, tweeted that “All such steps are reversible only through E3 compliance. Having failed to implement their obligations under JCPOA – including after the US withdrawal – EU/E3 should at a minimum politically support Iran’s remedial measures under Para 36 [of the JCPOA], including at the International Atomic Energy Agency (IAEA).” Mr. Zarif added, “E3 have no pretexts to avoid a firm political stance to preserve JCPOA and counter U.S unilateralism.”

IAEA’s Director General, Yukiya Amano has informed the Board of Governors that the Agency verified on 1 July that Iran’s total enriched uranium stockpile exceeded the deal’s limit, and that Iran was in breach of the agreement.

But that is not true. There is no breach. Foreign Minister Zarif, rightly pointed out that Iran’s amassing more enriched uranium than permitted under the deal, was not a violation. Iran was exercising its right to respond to the US unilateral withdrawal from the pact a year ago, to the E3 not honoring their part of the deal, and to Washington’s imposed totally illegal and unjustified punishing sanctions on Tehran.

Zarif confirmed Iran’s action and why, by tweeting, “We triggered and exhausted para 36 after US withdrawal. Para 36 of the accord illustrates why. We gave E3+2 [also including Russia and China] a few weeks, while reserving our right. We finally took action after 60 weeks. As soon as E3 abide by their obligations, we’ll reverse.”

Mr. Zarif is absolutely right. Here is what the famous para 36 of the JCPOA says:

Disputed Resolution Mechanism

36. If Iran believed that any or all of the E3/EU+3 were not meeting their commitments under this JCPOA, Iran could refer the issue to the Joint Commission for resolution; similarly, if any of the E3/EU+3 believed that Iran was not meeting its commitments under this JCPOA, any of the E3/EU+3 could do the same. The Joint Commission would have 15 days to resolve the issue, unless the time period was extended by consensus. After Joint Commission consideration, any participant could refer the issue to Ministers of Foreign Affairs, if it believed the compliance issue had not been resolved. Ministers would have 15 days to resolve the issue, unless the time period was extended by consensus. After Joint Commission consideration – in parallel with (or in lieu of) review at the Ministerial level – either the complaining participant or the participant whose performance is in question could request that the issue be considered by an Advisory Board, which would consist of three members (one each appointed by the participants in the dispute and a third independent member). The Advisory Board should provide a non-binding opinion on the compliance issue within 15 days. If, after this 30-day process the issue is not resolved, the Joint Commission would consider the opinion of the Advisory Board for no more than 5 days in order to resolve the issue. If the issue still has not been resolved to the satisfaction of the complaining participant, and if the complaining participant deems the issue to constitute significant nonperformance, then that participant could treat the unresolved issue as grounds to cease performing its commitments under this JCPOA in whole or in part and/or notify the UN Security Council that it believes the issue constitutes significant non-performance.

The provocations by the west seem to be inexhaustible. On Thursday, 4 July, the UK, ordered by Washington, has seized an Iranian oil tanker which they suspected of carrying oil for Syria. Al Jazeera reports: “British Royal Marines, police and customs agents on Thursday [4 July] stopped and seized the Grace 1 vessel in Gibraltar on suspicion it carried Iranian crude oil to Syria in breach of European union sanctions against President Bashar al-Assad’s government.”

Foreign Minister Zarif tweeted that UK’s unlawful seizure of a tanker with Iranian oil is piracy, pure and simple. Iran denied that the tanker was bound for Syria’s Baniyas refinery – which does not even have the capacity for such a super tanker to dock, says Iran’s deputy foreign minister, Abbas Araghchi. He did not elaborate on the final destination of the super tanker.

It is clear, the UK, in connivance with its transatlantic empire, does the bidding for Trump’s warrior team, Bolton and Pompeo. How much farther will they go, the provocateurs? Do they want to incite war with Iran, a retaliatory action, like Iran seizing a UK tanker in return so as to ‘justify’ a western, possibly Israeli, aggression on Iran, with a counter attack by Iran, triggering a direct intervention by Washington – of course, in defense of Israel – and a major conflict, possibly nuclear, might erupt?

Iran most likely will not fall into this trap. But the question must be asked, how far will the US-western threats, sanctions and physical aggressions go?

This morning, 10 July, RT reports, “The latest out of Washington is that the US is looking to put together a “coalition” that would “ensure freedom of navigation both in the Straits of Hormuz and Bab al-Mandeb,” as Chairman of the Joint Chiefs of Staff General Joseph Dunford said on Tuesday. These are the waterways connecting the Persian Gulf to the Gulf of Oman, and the Red Sea to the Gulf of Aden, respectively.”

What this “freedom of navigation” means, is outsourcing naval blockade and wester piracy of Iranian oil tankers. And that in the 21st Century. How deep can you, WEST, fall to go for this kind of high sea crime practiced centuries ago? Your moral and ethical deterioration is accelerating rapidly into a bottomless black hole from where there is no return.

There is no question, that Iran does not seek to become a nuclear power, that was never the intention in the first place as was attested already almost ten years ago by the American 16 foremost intelligence agencies, but Iran wants to use its nuclear power generation capacity more efficiently, and that is their full right, especially if the Nuclear Deal is broken. The saber rattling, fear mongering and sanctions are meant to intimidate and punish Iran for not bending to the tyranny of Washington – mainly changing regime and handing over Iran’s riches to the US-western corporatocracy.
What it boils down to is whether the E3 – Germany, France and the UK – have sufficient backbone to go ahead on their own, honoring the JCPOA accord, and whether they and the European Union as a whole, would be willing and sovereignly capable of defending their companies from US sanctions, if they start trading with Iran. This is the question that many European corporations are already asking, especially European oil corporations.

At one point, there seems to have been political will by Europe to circumvent the US sanctions regime by introducing a special payment method, called the Instrument in Support of Trade Exchanges (INSTEX) which would allow companies in Europe to do business with Iran outside the US-and dollar-dominated SWIFT payment system. However, this works only, if the EU stands up for their companies defending them from US sanctions. Otherwise, as Pompeo already hinted, “We will simply sanction all companies that use INSTEX.”

In the long run there are three realities to keep in mind.

First, US sanctions will not go away, unless the rest of the world stands up to the US and sanctions them back; in other words, stops trading with the US and uses different payment modes than SWIFT and the US-dollar, for example, local currencies, or yuan and ruble through the Chinese International Payment System (CIPS), or the Russian MIR system (MIR – meaning, world, or peace), introduced by the Bank of Russia in 2015 and which is also opening up to worldwide use.

Second, it is only a matter of time until the Europeans, either as a union or as individual countries will realize that trading with the East – Russia, China and all of the huge mega-Continent of Eurasia which also includes the Middle East — is the most natural trading that can be. It has existed for thousands of years, before the ascent of the AngloZionist empire, some 300 years ago. There is no division of seas. It is a contiguous landmass. And everybody from other continents is welcome to join, peacefully, without the intention of domination and ransacking natural resources.

Third, this second reality will be enhanced and accelerated by China’s Belt and Road Initiative (BRI), also called the New Silk Road, which makes already significant inroads with peoples’ connecting infrastructure – roads, railways, maritime routes – plus industry, education, research and cultural connections and bridges along the BRI-routes. BRI will very likely become the future for connecting humanity with equitable socioeconomic development for decades to come.

Therefore, Iran may seriously consider dropping for now her ambition to trade with the west. The west is a sinking ship. And instead look to the East for the future. It may mean temporary losses – yes, but so what? The future is not composed of a pyramid of fake dollar-based instant profit but of foresight and vision. Iran is on the right track by aspiring and most likely shortly entering the Shanghai Cooperation Organization (SCO) as a full-fledged member. But, yes, it means dropping the west for now until the west sees the light on her own.

• First published by the New Eastern Outlook – NEO

Venezuela: The Bachelet Lie

When reading the Bachelet Report on Human Rights, following HR High Commissioner’s 3 day visit to Venezuela, published on Venezuela’s National Holiday, 5 July, I saw that it makes hardly any reference to the deadly sanctions and blockades imposed by the United States. How is that possible? The High Commissioner for Human Right does not mention the crimes of all crimes committed vis-à-vis Venezuela?

The Washington-based Center for Economic and Policy Research issued a few weeks ago a report co-authored by Jeffrey Sachs and Mark Weisbrot, concluding that more than 40,000 people have died in Venezuela since 2017 as a result of sanctions. They reduced the availability of food, medicine, and medical equipment, increasing Venezuelans disease and mortality rate. Jeffrey Sachs wrote in the report and repeated to Democracy Now:

“American sanctions are deliberately aiming to wreck Venezuela’s economy and thereby lead to regime change. It’s a fruitless, heartless, illegal, and failed policy, causing grave harm to the Venezuelan people.”

Is Michelle Bachelet bought by Washington? Has she been threatened? Been given Washington’s script of what has to be in the report? Has she been told that no condemnation of the sanctions is allowed, or else… and who knows what “or else” might include? Believe me, it could be the worst.

Of course, Ms. Bachelet knew what she was doing when she accepted the job of United Nations High Commissioner for Human Rights on 1 September 2018. It was, and still is, a challenge and also a prestige. It’s a prestige traveling around the world and telling countries, selectively, that they are in breach of Human Rights while others will get the thumbs up, usually the world’s most flagrant HR abusers, as long as they are in bed with Washington. But, if not Michelle Bachelet, who knows who would have been made High Commissioner for Human Rights? Maybe a Saudi? These are considerations we should not forget. She was maybe the ‘compromise’ accepted by Washington.

However, what Ms. Bachelet should not forget and most certainly did not forget, when she accepted this high-profile assignment, is her father, Alberto Arturo Miguel Bachelet Martínez. Her dad was in the Chilean Air Force as a Brigadier General, who opposed the 1973 CIA-Pinochet coup. He was imprisoned shortly after the coup on 11 September 1973; he was tortured and died on 12 March 1974, while incarcerated, from the usual “heart attack”. In fact, he died from torture. One of his two chief torturers, Retired Chilean Air Force Colonel Edgar Cevallos Jones, died a few months ago, the other one, Ramon Caceres Jorquera, was recently liberated from prison and put under house arrest by current President Sebastian Piñera’s High Court, for “severe dementia and irrelevance”. Together the two were the top leaders of Pinochet’s repressive torture team, “Joint Command”.

Alberto Bachelet was deprived of food and water, water-boarded, tortured with apparent suffocation with plastic hoods over his head, electric shocks, and more. All of this, his daughter, Michelle Bachelet, was aware of and has for sure not forgotten. She knows what torture is; she knows what disrespect for Human Rights means. So, she knows that Venezuela, the legally elected Nicolás Maduro Government, does respect Human Rights; that, if there is any torturing in Venezuela, it’s by the opposition, by Juan Guaído’s criminal cronies.

Michelle Bachelet, member of the Chilean socialist party and a pediatrician by profession, was twice President of Chile, from 11 March 2006 to 11 March 2010, and from 11 March 2014 to 11 March 2018. In her first term she enhanced civil rights and social services. In between her two terms, Sebastian Piñera, a right-wing multi-billionaire, said to be one of Chile’s richest people, served as President, and as if by coincidence, he followed her second term, and is currently serving also for the second time as President of Chile.

In his first term, Piñera had veered Chile onto a fully neoliberal course, “privatizing all” is the name of the game, and now in his second term, very much prepared and pushed by Washington, he is finishing the job. This means, in her second term from 2014 to 2018, Bachelet’s hands were pretty much tied by an all dominating financial sector, while the country’s social infrastructure, from health to education to pensions, started already to deteriorate, and now it is declining at an even faster pace.

Former consultant of the Office of the High Commissioner for Human Rights (OHCHR), Alfred de Zayas, says that Bachelet’s report is highly flawed and “unfortunately unbalanced and does not draw conclusions that can help the suffering Venezuelan people.” He went on calling for what Bachelet’s report did not call for – “immediately lifting United States sanctions on the nation.”

The report did not condemn the US sanctions, and did not address the criminality of the foreign guided internal coup attempts. Instead the report states dubious figures of deaths that have occurred during the last several years of violent upheavals – some 9,000 – leaving unclear who is responsible for the deaths, but implies by the general tenor of the report that it is most likely the Maduro Government. That is not true, but that’s precisely what Washington and its European and Latin American vassals want to hear.

What Bachelet’s report will undoubtedly do is add more fuel to the western anti-Venezuela fire. It will further justify outside interference and oppression, as well as contribute to continuing with financial and economic torture of Venezuela by western political corruptness. Ms. Bachelet, you, and with you the entire Human Rights Commission, have not served Human Rights. Quite to the contrary, with this report you are serving the oppression of Human Rights.

The Venezuelan Government said there are 70 corrections that the report should make.  Well, it is a real pity that the UN has missed an opportunity to bring Venezuela back into the fold of the nations that make up the “United Nations”, as a sovereign country, deserving the respect of all – as she does. The UN was created as an instrument for Peace. It is currently manipulated by the western powers, led by – who else? – the US of A, as an instrument to foment war. Yes, once more, the UN and one of its top agencies for peace advocacy – The Human Rights Commission – has carried out the bidding of the rogue, unlawful, criminal United States of America.

Trump and the Taiwan Gambit

Taiwan has become a new “eastern pivot” for Donald Trump. Against all international laws and UN charters, he is approaching Taiwan, as indicating to the world that regardless of the established world rules which make Beijing, the Peoples Republic of China (PRC), the official and legitimate Authority of China, with Taiwan being a part of China – the self-styled emperor, Mr. Trump, pretends he prefers dealing with Taiwan as an independent country. By doing so, he intends to invite others to do likewise. Trump wants to make Taiwan an ‘ally’ – dreaming of setting up a US base on the island, thus further encircling China. It is the old game, divide to reign. But he can’t be as ignorant as to believe it will actually work. It’s just one more thing to annoy PRC. Frankly, seen from a step back, it looks more like attempting to dump one of those primitive Trumpish ‘diplomatic’ bombshells on PRC’s back. Provoking the Dragon?

Dragons can be lethal, especially if exposed to nonstop strings of insults and debasement, attacks, and threats, sanctioned with trade wars, subjecting US$ 200 billion worth of Chinese exports into the US with 25% import tax, and, mind you, Trump just issued a new threat –raising the ante to US$ 300 billion, in case China refuses to attend the G20 summit in Osaka, Japan on 28-30 June 2019. Can you imagine the insolence, ordering President Xi to attend the G20 summit?!? The man has indeed no manners, diplomatic or otherwise.

Trump further bragged on Monday, 10 June, that China will make a deal with the United States “because they’re going to have to.” And what would be the deal? He never explained. He added, “China has lost trillions of dollars since he, Trump, was elected president.” Imagine this impunity in recklessness!  Well, surely, President Xi Jinping will not be duped or blackmailed by Trump.

On another front, Trump threatened Mexican’s new President Andrés Manuel López Obrador, AMLO for short, with a 5% tariff on Mexican agricultural exports to the United States, if illegal immigration to the US would not stop. AMLO approached President Trump with an open letter, saying that he seeks peace and not confrontation, dialogue not war, and that AMLO’s government will do whatever is in its power to stop illegal migration to the US.

He stated, correctly, that a trade war would do more harm than good to both nations. Trump then dropped the threat, with worldwide publicity, to make sure his ‘goodness’ is recognized the world over. However, just a few days ago, Trump threatened Mexico again with the 5% tax, in case AMLO’s promise doesn’t hold and poor Mexicans keep illegally crossing the border into the great Promised Land (no, not Israel, but the western extension of Israel).

Of course, this tariff has nothing to do with trade. It is punishment, a sheer demonstration of supremacy. And, never mind, Trump probably doesn’t understand that California’s agriculture thrives on the low-wage illegal Mexican and Central American immigrants.

It is nevertheless amazing that the (western) world stands by and dares say NOTHING. The threats of sanctions seem to be effective. Anybody, or any nation that refuses to go along with Washington’s thuggish criminal behavior, may be subject to punishment, be it by trade and/or financial sanctions, or outright military intervention. There is no international law, no rules of the community of nations, no political common sense that is respected by Trump and his handlers, and the world is afraid. Even though so far most of the threats have amounted to nothing more than ridiculous blabber and saber rattling.

More threats were thrown at Iran, with more sanctions and economic strangulations if Iran doesn’t “behave”.  Actually there are hardly any explanations given what “good vs. bad behavior” would mean for the US, other than Washington’s repeated empty accusations of Iran being a nuclear threat, disregarding the Joint Comprehensive Plan of Action (JCPOA), or nuclear deal signed in 2015, freeing Iran of any further accusation of wanting to become a nuclear power (which, by the way was a farce in the first place – the subject for another essay).

This so-called nuclear deal was signed by the 5 UN Security Council members, including the US. But as we know, under pressure from Netanyahu, Trump reneged last year from the deal – and since then horrendous sanctions of economic strangulations and foreign asset confiscations – outright theft, in clear text – were imposed by the US on Iran, with ongoing pressure on the EU to do likewise. According to Trump – and his two minion mouth-pieces, Pompeo and Bolton – more are to come.

To that, Iran’s Foreign Minister, Mohammad Javad Zarif, stated that Iran will not be blackmailed and added the philosophical observation that Trump’s economic wars around the globe will eventually backfire. Well, yes. Trump’s reckless playing with tariffs, sanctions and other punishments around the globe will eventually drive everybody away from dealing and trading with the US, including away from the western monetary system. It’s the silver lining of the dark-dark US cloud. It’s economics 101.

Propelled by German business interests (but at the same time limited by Washington [and Brussels] on what he is allowed to say), German Foreign Minister, Heiko Maas, visited Iran a few days ago to seek a compromise for Germany and other EU members to still hold on to the Nuclear Deal, because Germany’s economy wants to deal with Iran, yet, seeking concessions from Iran that may assuage Washington. But Iran’s Foreign Minister, Zarif, didn’t fall for it. The meeting ended in nothing. Good so, because there is nothing, absolutely nothing, that any ally (except Israel) could do to change the Bully’s mind on Iran.

Frankly, does Trump seriously believe he possesses all that power over other world leaders? Or is he, Trump, just a convenient lackey of a force much stronger behind him, a force that controls both the Pentagon and, more importantly, the western financial and banking system – the Zionist designed western dollar-based monetary system. This Ponzi scheme has been able for the last 100 years or so – and as we witness, every day more – to usurp the world, holding it hostage, with artificially created economic booms and busts, with economic sanctions, strangulations, confiscation, with the theft of nations’ foreign assets and even their reserve funds, if they don’t bend to the will of the self-proclaimed super power USA.

Yes, it’s a fading super power, but it still has control over its forced allies and vassals – many of whom, by now are sick and tired of their ally-cum-vassal status, as they realize what their losses are. They believed in economic, diplomatic and military privileges, but are gradually awakening to reality. Progressively they see the empire as what it is, a shiny, blustering, preposterous house of cards that may come crashing down at any time. Their anger and courage of Washington’s vassalic allies is slowly raising, and they will eventually break out from their repressive situation. When that happens – and Trump is hastening that moment with his erratic ‘sanction-prone’ behavior around the world – a grand geopolitical shift for the better may take place.

With this partial backdrop of what the globe is facing – Taiwan is just becoming the latest peon in the war for preparation of Washington’s big WAR – dominating China and Russia. Making Taiwan – which is legally and by all international rules part of PRC – a US ally and vassal, would further close the US power circle around the East Asian space. Trump may believe he is moving closer to ‘checkmate’, dominating the formidable Russia-China alliance.

With all the flattering and roses the leaders of Taiwan may get from Trump, do they realize that their role will just be that of one more enabler to enhance the empire’s dominion and increase the US’s wealth by helping it steal more of the world’s resources?

In the end, Taiwan may just become a mess, a chaotic island with lots of loose ends, with people pulling in different directions, as they realize that their government has been “bought” to give away their partial sovereignty and well-being, and they will raise up.

Taiwan, just look around the world! The latest example being Sudan. Orchestrated chaos is controlling Iraq, Afghanistan and Syria? And look what is being planned, so far without success, in Venezuela? Taiwan will just be another pawn on Zbigniew Brzezinski’s legendary Grand Geopolitical Chessboard.

The US has been fomenting worldwide hostility against China and Russia for the last 100 years, and especially since WWII, intensified by the fake and false Cold War, made possible thanks to an all-western-dominating AngloZionist lie-propaganda machine.

We know about “Russia Gate”, the never-ending bashing of President Putin and Russia. The more subtle US attempts to destabilize China have started soon after China had become fully self-sufficient and autonomous, when she gradually opened her borders to integrate into the world with exports and attracting foreign investments in the 1980’s. The so-called Nixon ‘ouverture’ to China, Nixon’s one-week trip in 1972 to Beijing, Hangzhou, and Shanghai, was perhaps the first attempt by Washington to use the huge Chinese market for US exports, and at the same time constraining China’s rapid and foreseeable economic growth. Indeed, China grew exponentially and in 1986 gained observer status at GATT (General Agreement on Tariffs and Trade), a precursor to WTO, and started negotiating membership of the World Trade Center of which she eventually became a member in 2001.

Trade, Chinese highly competitive exports was then – and is today – a key issue for the US goal of world hegemony. In anticipation or rather to prevent China from becoming a world economic powerhouse, Tiananmen Square protests were introduced in 1989. The lead-up to the so-called massacre was a huge false flag. A student protest movement, funded by the US State Department, through the infamous NED (National Endowment for Democracy – an “NGO” specialized in “regime change” operations – see also Venezuela). The 4th of June crackdown had been prepared months before, guided by the bloody hands of US Secret Services, CIA, NSA, and most probably MI6. The “students” had no common cause for the protest, just a sudden desire for more “freedom”, “reforming the communist party” without citing specifics they wanted reformed.

The 4th of June 2019 anniversary of the ‘massacre’ 30 years ago, is used by the western media to propagate against Chinese “tyranny”. The news of the massacre was repeated every hour on the hour by almost all radio and TV stations throughout Europe, lest you might forget, and the too-young-to-remember – should learn and be prepared for the coming Chinese monster. That’s the goal of the corporate presstitute. And they may succeed, as sleeping people have no clue of the truth, nor are they interested in abandoning their comfort and facing the inconvenient truth.

Let’s just juxtapose the forced memory of Tiananmen Square with real atrocities being perpetrated by the west, as these lines go to press. Take Yemen, devastated by the west and its proxies, chiefly Saudi Arabia and Qatar, with weapons and funding from the US, the UK and France. Yemen is a non-aggressive peaceful country. Tens of thousands of people have been killed in the last 4 years of this atrocious war, most of them children and women, thousands from cholera and other water and improper hygiene related diseases; two thirds of the population suffer from famine. The related death toll is in the tens of thousands. This is exacerbated by the Red Sea Port of Hudaydah, the gateway for most of Yemen’s imports, being shut by Saudi and Qatari armed forces, so that not even emergency aid enters the country. The UN calls it the largest humanitarian crisis in recent history. You hardly hear anything in the western news about this western-funded and executed atrocious mass killing.

False flags from Tiananmen Square, to 9/11, to the Ukraine Maidan, to the sporadic string of terror killings in Europe and the United States, by ISIS / IS Al-Qada and associated groups –  all funded by the empire and its proxies and vassals – to the more recent ‘regime change’ or Color Revolution type protests in Hong Kong, the Umbrella Revolution of 2014 and street protests of the last week, with thousands of protesters in the street against a Beijing initiated extradition law to be introduced by Hong Kong’s legislation are all US / western instigated, funded and guided so as to provoke and destabilize China.  And foremost, demonize China in the eyes of the western world. Most western countries have extradition laws for criminals to be turned over to the jurisdiction of the country where they may have committed the crime. But that’s not mentioned by the corporate lie-propaganda.

These permanent aggressions against the world power China, a world power with a pacific non-expansive life philosophy, could badly backfire. Just imagine, Beijing may eventually get sick and tired of Washington and its vassal-allies meddling in PRC’s internal affairs, could easily repeal Hong Kong’s semi autonomy and incorporate the city fully into the territory of the PRC – complete with Chinese laws, obligations and benefits. As simple as that. What would Washington do? What would the west do?  Scream murder?  Well, they do that already, so it couldn’t be much worse. A military aggression on China?  Hardly. The West wouldn’t dare. Attacking China is attacking Russia. There is a strong alliance between the two countries, one that was made even stronger by several new agreements signed between Presidents Putin and Xi during the recent St. Petersburg International Economic Forum.

Similar provocations are planned and take place with Taiwan. In April 2019 the US sent two destroyers into the Taiwan Straits, claimed by mainland China as their territorial waters. Germany, which according to their armistice status’ obligation of non-confrontation and non-aggression, is considering sending a war ship to join the US and French warships in an attempt to demonstrate to the world that these are international waters.

What if such provocations, rather than gathering more world recognition of Taipei’s self-styled autonomy, they prompt President Xi Jinping to close in on Taiwan and actually absorb the island as a PRC owned territory? This would just conform to what Taiwan nominally already is since 25 October 1971, when the UN General Assembly Resolution 2758 declared The Peoples Republic of China as the sole legal China.

Switch to another corner of the world with a different but very much connected scenario. Early this morning, 13 June, in the Strait of Oman, about 25 km from the coast of Iran, a Japanese-owned and a Norwegian oil tanker (the owner of which is an old friend of Iran’s) were attacked. Explosions and fire broke out, some seamen were injured, and 44 were actually rescued in the Gulf of Oman by Iranian ships. As of now, it is not clear what happened and who the perpetrators were. Never mind, Pompeo immediately accused Iran for the attacks – and keeps doing so, stating falsely that video evidence – never offered to be seen by the public – showed it was Iran. Why would Iran attack a Japanese oil tanker, while Japanese Prime Minister, Shinzo Abe, is visiting Iran’s Supreme Leader Ayatollah Ali Khamenei in Tehran on Thursday, the very day of the attacks, for talks to maintain the treaties of the Nuclear Deal?

World! Let’s face it. Only an idiot will believe that Iranians are so idiotic as to attack foreign vessels in the Gulf, clients and friends of Iran. If this smells like a false flag – it is a false flag. Carried out by whom? Could be the Saudis, Israel, the Emirates, Mossad, the CIA, MI6… any one of the puppet allies of the emperor.

People, where are we going? As a result of this incident oil prices rose immediately by up to 4% for fear that worse might happen, namely that Iran might close the Strait of Hormuz through which about 25% of the world’s hydrocarbon are shipped. A closure could have oil prices jump to USD$ 200 / barrel or more – and sink the world in the worst recession of recent history. In the meantime, Wall Street bankers, notably Goldman Sachs, who have ample experience with oil price manipulation, are already playing with oil futures which under such a scenario could bring them hundreds of billions while the rest of the world goes belly up.

On another, but very much related topic: Many, especially unaligned countries, are losing trust in the US and especially in the US-dollar. They are quietly switching their reserves to Chinese yuans and / or gold. Trump’s handlers know about it. They may be contemplating as a last resort a new kind of gold standard. Losing out on dollar hegemony is one of the reasons they are pushing The Donald into a trade war with China. The (US) expectation is that a trade war with China would debase the Chinese currency, thereby discredit it and make it unattractive as a reserve money.

Creating a conflict between PRC and Taiwan, might, from a US point of view, have the same effect, degrading the yuan, in addition to bringing other Asian countries on board, those who are themselves worried about their territorial waters; i.e., the Philippines, Malaysia, Indonesia.

And yet, in an opposite corner of the world, namely in the swamp of Washington, the same Pompeo who just found another reason to increase sanctions on Iran, is utterly upset that his plans in Venezuela didn’t work out, because the stupid opposition cannot unite, cannot be trusted. That would leave only the ‘military option’ on the table – but that military option is too risky with Venezuela being supported by her strong allies, Russia and China.

Friends – what you must be aware of – all the dots of conflicts, wars, threats, harassments, false flags, sanctions and otherwise punishments, lies and lies and lies around the world, are dots that must be connected. Only then will you get the Big Picture – and to understand the Big Picture is crucial. It is at once hilarious for the phantasy it portrays and catastrophic for the danger it presents. For the owners of this Big Picture, the Washington Swamp and Israel, it represents the illusion and desire to achieve the US-Pentagon-Banking plan within the PNAC (), a wishful thinking of Full Spectrum Dominance.

This Big Picture is best portrayed by Chris Black’s latest master piece: This Outlaw Power: America’s Intent is to Dominate China, Russia and the World.

• First published by the New Eastern Outlook.

The Murdering of Julia Assange

Julian Assange is being slowly murdered by “Her Majesty’s Prison Service” at Belmarsh prison in the south-east of London. The prison is notorious for holding people who have never been charged with a crime indefinitely. It is also called the British version of Guantanamo, and, typically used to detain so-called terrorists, thus called by the British police and secret service and aped by the British MSM and establishment. Terrorists that become terrorists by continuous and repeated accusations, by media propaganda, but not necessarily by fact. Remember, if a lie is repeated often enough it becomes the truth in the minds of the braindead listeners. It’s indoctrination of the public to demonize somebody or a group of people, or a country, who could become dangerous for the empire’s vicious and criminal endeavors. That’s what they are doing with Julian Assange. Exactly the same principal is applied, though on a different scale, against President Putin and against Russia and China. And it seems to work in a brainwashed-to-the-core, western society, ran by their spineless European US-vassalic leadership.

Yes, what is happening to Julian Assange could happen to any journalist who reveals the inconvenient truth about the empire and its minions’ criminal machinations, any journalist – or non-journalist, whistleblower, for that matter – anyone who dares standing up to the AngloZionist atrocities may end up in Guantanamo or Belmarsh which is considered a Type A prison for adult men, meaning, a “serious” prison, where “dangerous” detainees are held for as long as Her Majesty’s Prison Service considers necessary, and prisoners’ treatments are held secret and include torture.

Julian Assange’s case goes even farther than breaking all the rules of “democratic” free speech. The way he is treated is a serious infraction on Human Rights. The US and British governments intend to silence and punish a champion of free speech, torturing him for the world to see, and especially as a deterrent for would-be whistleblowers and other free-speech advocates.

Julian Assange has been condemned to a ‘temporary’ prison sentence of 50 weeks for jumping bail, when he sought and was granted refuge in 2012 in the Ecuadorian Embassy. And why did he jump bail? Because he was about to be extradited to neofascist Sweden, who acting in the name of Washington, accused him with phony rape and sexual misconduct charges, from where he would have most likely been extradited to the US where he might have faced a kangaroo court and a fake trial with a possible death sentence, or indefinite incarceration at Guantanamo.

That’s why he jumped bail and why he escaped to the Ecuadorian Embassy, because western injustice was already then played out with false propaganda, for everyone, but the blind and indoctrinated, to see. Rafael Correa, then President of Ecuador, saw the truth behind it all and granted Julian asylum, and later gave him Ecuadorian citizenship – which in 2018 was revoked by Correa’s traitor and fascist successor, US-implant, Lenin Moreno, who, as a reward, it is said, got an IMF loan of US$ 4.2 billion to help the government carry out its neoliberal economic reform program, meaning undoing much of the social programs of improving economic equality for the Ecuadorian population, implemented during the Correa presidency.

Well, how sick can that be?  Unfortunately, acting pathologically or even psychopathically in today’s world is fully accepted. It’s the new normal. This means we are living in an almost-terminally ill, corrupt and utterly brainwashed society – to be precise, western society. “Almost-terminally” means that there is only dim hope of healing for the utter lack of conscientiousness of western society. Hope of western people’s awakening is fading, as it is sliding ever deeper into a bottomless abyss.

Julian Assange was first accused by Washington of fake charges of computer hacking and conspiring to defraud the United States. In fact, what this is all about is the 2010 publication by Wikileaks of the infamous video that circulated the world a million times, depicting the purposeful, malicious ‘collateral killing’ of harmless civilians by the crew of a US Army helicopter – and of other data of atrocious acts of the US military revealed by Chelsea Manning, and published by Wikileaks. Chelsea Manning has been and is herself serving prison sentences.

Despite the fact that this little video has been seen around the world probably by more than a billion people, nobody went on the barricades – on an endless mass-demonstration – to stop the rogue-state and killing machine United States of America from committing its daily and deadly crimes. Nobody. And the killing goes on. And Washington is doing its utmost to silence every future revealing of their atrocities, by silencing Julian Assange, and intimidating any potential future truth-revealer.

They have now 50 weeks, while he is hidden away in a British Guantanamo-like prison, to slowly kill him on behalf of and as a little favor to Washington, so he doesn’t have to be extradited and the US is spared being exposed to the kangaroo trial that Julian would otherwise receive. If he dies a “natural” death in a British prison, Trump may wash his bloody hands in innocence, and those in Congress who want to send a CIA squadron to murder Assange – I kid you not they are not ashamed to openly say so – will also be able to whitewash their criminal and bloody minds. Nobody will ever know what really happened behind Her Majesty’s prison walls.  There will be some flareups in the media – and then all quiets down. As usual. The Wikileaks founder will be gone and all potential whistleblowers and truth-seeking journalists will be on their guard. Objective achieved.

In the meantime and to reach that objective, Julian is most likely being tortured, possibly physically and psychologically. Julian Assange has suffered “prolonged exposure to psychological torture”, the UN’s torture expert, Nils Melzer, said in a BBC interview, and urged Britain not to extradite Assange to Washington. According to retired USAF lieutenant colonel Karen Kwiatkowski, he may have been doped with psychotropic drugs, like 3-quinuclidinyl benzilate, known as BZ that produces hallucinations, mental confusion and memory loss. This may have been the reason, why he was unable to speak clearly, and to participate in a Swedish Court hearing and had to be transferred to the hospital wing of Her Majesty’s Belmarsh prison. One of the few pictures that emerged at the time of his transfer to the hospital was one of a zombie.

Let’s just hope that I‘m totally wrong with this scenario – and that people’s pressure (at this point it would be a miracle) will pry Julian loose from the lethal fangs of the empire and its minions.

The Western world keeps looking on. Worse, they even support Her Majesty’s Prison Service, to which Julian Assange is subjected. They largely applauded the brutal British arrest of Julian Assange, when the police dragged him out of the Ecuadorian Embassy into a van and off to preventive custody, and hours later he was convicted to 50 weeks on a phony charge for jumping bail.

What can be said – is not better said than by Paul Craig Roberts, “If the world stands for the US / UK / Swedish judicial murder of an innocent man, the world does not deserve to exist another second.” Amen.

The Bilderbergers in Switzerland

The 67th Bilderberg Meeting will take place in Montreux, Switzerland from 30 May – 2 June 2019, where the about 130 invitees – so far confirmed – from 23 countries, will stay at one of Switzerland’s most luxurious venues, the Montreux Palace hotel. About a quarter of the attendees are women.

The Bilderberg meetings started at the onset of the Cold War, as a discussion club of American and European leaders, a fortification against communism, in clear text, against the Soviet Union. The first event took place in 1954 at the Bilderberg hotel in the Dutch town of Oosterbeek. Ever since, meetings of the Bilderberg Group were held annually, in different locations in the western world, most of them, though, in North America.

It’s not a coincidence that the Bilderbergers meet in Switzerland. Switzerland is one of the Group’s favored host country outside the US. Switzerland hosted their gatherings at least five times before this upcoming Montreux event (1960 – Palace Hotel, Bürgenstock; 1970 – Grand Hotel Quellenhof, Bad Ragaz, St. Gallen; 1981 – Palace Hotel, Bürgenstock; 1995 – Palace Hotel, Bürgenstock; 2011 – Suvretta House, St. Moritz).

The conferences of the Bilderbergers are the most secretive events, managed by those who pull the strings behind world leaders – politicians, corporate CEOs, big finance, and other business execs, artists, and the who-is-who of the world elite. And we are talking of the western world. Other than about ten attendees from Turkey, Poland, Bulgaria and Estonia, participants are North Americans or Europeans. The rest of the world doesn’t count.

The Bilderbergers are strictly a western dominion. The farthest east they go is Turkey. It’s like the carrot to Erdogan, hoping to draw NATO Turkey back into the camp of the west. But how much longer? Turkey, forever wavering between east and west, has more than one leg already in the east – eyeing entry into the Shanghai Cooperation Organization (SCO) – not exactly the eastern version of the Bilderbergers, because the SCO is an open forum for economic development policies and defense strategies, no secrets, no manipulation western style.

This year’s Bilderberg meeting will be chaired by Henri Castries, France, Chairman of the Paris-based Institut Montaigne, a non-profit think tank working on public policy and social cohesion. Other prominent attendees include Mike Pompeo, US Secretary of State, and the driving force of these events and protégé of Rockefeller’s, former US Secretary of State (and war criminal), Henry Kissinger; France’s Minister of Economy and Finance, Bruno Le Maire; Mark Rutte, Dutch Prime Minister, from the far-right People’s Party for Freedom and Democracy; Ursula von der Leyen, Germany’s Defense Minister from the conservative Christian Democratic Union (CDU); – and, perhaps most noteworthy, Jared Kushner, personal advisor and son-in-law of US President Donald Trump, and intimate friend of Israel’s Prime Minister Bibi Netanyahu.

This means that Israel will be represented at the highest level. From Switzerland attending will be – among others – the current President, Ueli Maurer, who, it is rumored, will hold behind closed-doors talks with Mike Pompeo about Iran whom Switzerland is representing vis-à-vis Washington. The Presence of Kushner, Pompeo, secretive Iran talks smells a rat.

The Bilderbergers are associated and its members are overlapping with those of the Council on Foreign Relations (CFR), the Trilateral Commission and the London-based Chatham House which makes the rules for the meetings – and let’s not forget, the World Economic Forum, the infamous WEF that takes place every January in Davos, Switzerland. The WEF represents a relatively transparent window to the world, with, of course, also its secret, behind closed doors meetings, whereas the Bilderbergers are an all-round secret organization. The Bilderberg meetings – so they say – are informal talks, allowing the participants to freely use the information they receive. But they are not allowed to reveal the identity or the affiliation of the speakers, nor of any participant in the particular talks.

Switzerland, one of the most secretive countries in the world – the world of banking, the world of big finance, safe haven for international corporations which not only get away with low taxes, but also escape standards of ethics they otherwise may have to apply doing business, exploiting natural resources, in developing countries. They are privileged, just by being domiciled in Switzerland. The Helvetic Confederacy is a country run by the fiefs of western money, of the western FED-directed and debt-based pyramid monetary system, a Ponzi scheme that has survived for the last hundred years led by the Rothschild banking clan and Co. They are closely associated and control the western banking system’s gold bunker, the Bank for International Settlement (BIS) in Basle, also called the central bank of central banks. The BIS is intimately linked to Swiss finance. The BIS, located conveniently close to the German border, has also served as intermediary for the FED to finance Hitler’s war against the Soviet Union.

What better place for the Bilderbergers to concoct – not to say conspire – their vision of the world’s future?

It is no coincidence that Switzerland was spared from the destruction of both WWs. It’s the only OECD country, where laws are made directly by big-finance and big-business; i.e., where parliamentarians are sitting on the Boards of Directors of corporations and financial institutions, while making the laws for the people, a country where basic business and corporate ethics get short-shrifted and are overruled by flagrant conflicts of interest, a country where a white collar interest group makes the laws that suit big capital. Again, what better place for the Bilderbergers to meet?

Switzerland has become the epicenter of neoliberalism over the past 30 years or so, and is ideal for the behind the scene discussions and agreements, visions of New World Order strategies. The first item in this year’s Bilderberg meeting’s agenda is “A Stable Strategic Order”, a euphemism for One World Order or New World Order.

Other official agenda items include “The Future of Capitalism”, “Russia”, “China”, “Weaponizing Social Media”, “BREXIT”, “What’s Next for Europe”; “Ethics of Artificial Intelligence” – and, of course, not to be missed in conferences of such importance, “Climate Change”. Imagine, with such a benign agenda, what will take place behind closed doors?

One of the permanent agenda items which is close to Rockefeller’s heart, the current thriving force behind the Bilderbergers, and is being propagated, by his disciple, Henry Kissinger, is the reduction of world population so that the few on top may live better and longer with the world’s rapidly diminishing resources.

So what are not agenda items, but might certainly enter the realm of population reduction, are, permanent “wars on terror” that justify mass killings and the related horrendous, never-spoken about quantities CO2 and other greenhouse gases they emit; 5G (the 5th Generation of deadly radiation) to facilitate our communication, meaning more effective surveillance, imposed artificial intelligence (AI), more efficient digitalization of money, and likely though delayed, but exponentially increasing, cancer rates; Bayer-Monsanto’s poisonous GMOs and glyphosate products; artificially planted deadly epidemics, like Ebola; the US Air Force’s High Frequency Active Auroral Research Program (HAARP) for weaponizing climate change, bringing about famine and misery by droughts, floods, hurricanes, tornadoes and other climatic calamities and probably much more.

This is, of course, only speculation, being deducted from the Master Goal of the Bilderbergers; i.e., population reduction. But perhaps I’m totally wrong. As everything is secret and most likely nothing of the behind the scene talks and decisions will penetrate into the media, only hear-say and, of course, conspiracy theories, it is well possible that the Bilderbergers are what they propagate to be – a peaceful, dialogue seeking group of people, who is committed to the values of democracy and freedom – and entrepreneurship. And – hear-hear! – “Talking about the future of capitalism does not mean that we consider it to be the only possible system,” as organizer André Kudelski told the Swiss newspaper 24 Heures.

In that he is right. Capitalism is not the only viable system. In fact, it is THE system that is NOT viable, as it spreads injustice, inequality, crime and misery around the globe and, therefore, is certainly not sustainable. Yes, Bilderbergers, start thinking of an alternative, one that brings social justice, inclusion, equal opportunities and spreads wealth more evenly around the globe – one that brings PEACE, so that we all may live well, not wealthy, but well.

Venezuela in “Misery”: Lies and Deceit by the Media

To the Editor in CHIEF

New York Times — 18 May 2019

Venezuela’s Collapse Is the Worst Outside of War in Decades, Economists Say

Subtitle:

Butchers have stopped selling meat cuts in favor of offal, fat shavings and cow hooves, the only animal protein many of their customers can afford.

This introduction is accompanied by a picture of a man in rags, pushing a shopping cart through a garbage dump site. You, NYT, say it is in Maracaibo, Venezuela, the man looking for recyclables. The photo could be from anywhere, the same with a picture further down in the text – depicting a young woman nursing a baby in the dark – you say in a typical Venezuelan blackout.

This is a flagrant misrepresentation of what’s going on in Venezuela.

The New York Times is known for selecting photos from places of misery, could be slums from anywhere in the world, and placing them where it is most convenient to propagate a lie story – a story meant to demean a country in the public opinion, a country that the empire wants to subdue by bashing and insulting it – so the public – the braindead western public, notably in the US and Europe, will tolerate or even scream for a “humanitarian invasion” from the friendly US of A.

Why don’t you NYT’s shameful liars tell the full truth?

Who is responsible for the collapse, the lack of food, medicine, blackouts – actually for all of the collapses that you described in your manipulating master piece of deceit and propaganda? – And many more ‘collapses’ that you don’t even mention?

The NYT article compares Venezuela with “Zimbabwe’s collapse under Robert Mugabe, the fall of the Soviet Union, and Cuba’s disastrous unraveling in the 1990s”. The Times is completing its baseless preposterous accusation by saying, “the crumbling of Venezuela’s economy has now outpaced them all. Venezuela’s fall is the single largest economic collapse outside of war in at least 45 years, economists say.”

The economist your article quotes is none less than the former chief economist of the IMF, Harvard professor, Kenneth Rogoff, one of the most neoliberal, bordering on neofascist, economists you could have chosen. But that figures. Impressing with name calling. No matter how biased they are; no matter that they too defend the US hardline – invade Venezuela to safe the people.

Whom do you think you impress with such names? The ignorant, of course, and – yes – there are plenty of them in the great and unique US of A; and your key objective and that of most MSM is to keep them ignorant, so the exceptional nation can continue sowing misery around the globe for the benefit of a few – killing millions and millions of innocent people, for power, the theft of resources and world hegemony.

Aren’t you – the Editor in Chief – ashamed for putting up a totally false scenario? – One of lies and half-truths, all with the objective of further brainwashing the western public – into becoming warmongers, like your criminal government, and like your criminal paper. Yes, the NYT is a criminal paper, for doing what it does: Lying after lying to sway public opinion towards war, towards killing – mass-killing, mass-murder, that’s what your government has been doing for the last 70 years – all under false flags and lies, pretending fighting terrorists, yet, fomenting terrorism, while building up the base for world hegemony – and insane profits for the American war industrial complex – the oligarchs of death.

Did you know – you must! – that the US economy could not survive PEACE; that this sadistic and satanic economy depends on war, permanent war? That the war machine manufacturing complex and its associated industries and services account for more than 50% of the US GDP? And do you realize – you should! – that the US’s economic output is one of destruction – of killing, of annihilation – instead of building and developing human knowledge and wellbeing, the intrinsic thrive of human society – evolving in conscience, integrity and conscientiousness towards living well for all?

How is that for an exceptional nation? – Indeed, an exceptional nation, a nation in disrespect of all international laws and conventions – just breaching the Vienna Convention to which the US is party – by violating the diplomatic code, invading the Venezuelan Embassy in Washington and a few years ago, by seizing Russian diplomatic properties in Washington and New York.  Wonderful precedents for other unaligned and disobedient countries to prepare for – but also for other countries – if and when they wake up and take their courage into their mind and fist – to do the same to US Embassies on their soil. What would Washington do? Does Washington even consider such a possibility? I guess not. But it’s the easiest thing to do – retaliate.

It would just take a number of countries acting in solidarity, simultaneously – and Bingo! – the emperor will be standing there with his pants down.

Your paper didn’t mention this little diplomatic episode that happened a few days ago in the context of lawlessness, of breaching the Vienna Convention on diplomatic relations which entered into effect in April 1964, one of the few sacrosanct UN Conventions on diplomacy of which the US is a signatory.

Back to the Venezuelan “misery” you, Mr. Editor in Chief, and the NYT are so eager to report on. Why don’t you say that the United States of America – the self-proclaimed exceptional nation, with war criminals leading it – is responsible for far most of the suffering of Venezuela, through its totally illegal (who cares in Washington about legality) sanctions, blockage of food and medical imports, theft and confiscation of some US$ 130 billion in Venezuelan assets and reserve funds in US banks and around the world, economic blackmail and strangulation that has, according to economists Mark Weisbrot of the Center for Economic Policy Research (CEPR) in Washington D.C. and Jeffrey Sachs, Columbia University, caused the death of some 40,000 Venezuelans.

This racist, misogynist and neofascist government, centered in and around the Swamp of Washington, is responsible for most of the suffering in the world today, by planting wars and conflicts – eternal war on terror; the same terrorists, trained, funded and armed by the very Washington, the CIA, the Pentagon, NATO and the spineless European puppets – for power, domination and theft of resources.

Does the NYT ever report on this? – Why can’t you, the NYT and YOU, the Editor in Chief, for once be honest and stand up for true journalism? – Because you would lose your job? Right, that’s it, isn’t it? – So, why don’t you pull out your card of ethics that you subscribed to in  the school of journalism – from deep-deep down in your soul – look at it, internalize it – and think how much more you will be gaining in esteem around the world, if you bring the truth to the people, rather than keep lying – and brainwashing the world into war, misery and death? – Try it. You may be surprised.

Don’t you think, Dear Editor in Chief, sooner or later this lie-propaganda, this abject non-journalism will haunt you eventually all the way into the grave?

People will wake up, the empire will fall, it’s just a matter of time. What will you do then?

Switch sides?  You truly think, you really honestly think, people will believe you? – And I mean you and your paper, the once-upon-a-time highly reputed New York Times? That the people are so dumb to forever buy your lies, your untruths? – It’s now or never that you should switch sides. You may feel the brunt for a while from those who pretend running the world, but deep down in your soul you still have a spark of ethic left. Pull it out. Bring it to light. It will reward your life forever.

Largely thanks to you, the NYT and your think-alike AngloZionist mass-media colleagues and partners in crime – which encourage people to call for wars, for invasions, conflicts and regime change, all based on your deceit, misinformation and false flags – as a disgraceful result of these lies millions and millions of people have been killed around the globe. Estimates put the figure at between 20 and 25 million since the end of WWII – all by the US, NATO, and their proxies and vassalic European minions.

By repeatedly spreading lies and deception, you are creating a false truth, indoctrinating people into consensus for wars and more wars, for invading and killing more innocent people, for the benefit of a few kleptomaniac oligarchs, stealing natural resources and, especially, of the corrupt war machine. Goebbels, Hitler’s Propaganda Minister, had it right, when he said: Give me control of the media and I convert the people into a herd of pigs. Most of the western populace is already a herd of pigs.

Venezuelans are no herd of pigs. They, and Cubans, Nicaraguans, Bolivians, Iranians, Syrians, Russians, Chinese – and many other sanctioned, blackmailed and suffocated people, have been resisting and will continue to resist, no matter what it takes to bring the empire to its knees. Let’s face it, the latest amok race around the globe dishing out sanctions and more sanctions – from Venezuela, to Iran, to China, to North Korea, to Syria, to Iraq – by the ultra-dangerous, sadistic warrior-jokers, Bolton, Pompeo, Abrams, Pence – and not to forget, the Goldie-Lock of incompetence in the White House – with a fleet of the largest warplane carriers encircling the seas of Iran and the Gulf of Hormuz – these people and the scenarios they create, are a true reflection of hopelessness befalling a fading empire.

You, the New York Times, could help bringing this abject war on terror, the merciless killing of millions to an end, accelerate the downfall of the empire, by spreading the truth – the truth that you, Editor in Chief, as well as many of your colleague journalists know – by stepping out of your MSM-box, making a 180-degree U-turn, siding with the people, the 99.99% who crave PEACE. – You would earn and receive an enormous THANK-YOU.

Trump: From China to Iran to Venezuela, Threats and Sanctions Everywhere

As of May 10, Mr. Trump has arbitrarily increased tariffs on Chinese goods imported into the US, worth about 200 billion dollars, from 10% to 25%. It is an action without any foundation. An action that makes no sense at all, as China can and will retaliate – and retaliate much stronger than what the impact of the US’s new “sanctions” may bear – because these arbitrary tariffs are nothing else but sanctions. Illegality of such foreign interference aside, there is hardly any serious economist in this world who would favor tariffs in international trade among “adults” anywhere and for any reason, and, of course, least as a punishment for a nation. All that such sanctions do is pushing a partner away. In this case it’s not just any partner; China is a key trading partner of the United States.

The new tariffs will hardly harm the American consumer. There are huge profit margins by US middlemen and importers of Chinese goods. They are competing with each other within the US  and the consumer may not even notice a thing. However, the US economy will likely suffer, especially from Chinese retaliatory actions.

A spoiled child, what Trump is, doesn’t get his way – and goes into a tantrum, not quite knowing what he is doing, and knowing even less what he may expect in return. Mr. Trump, himself, has not only reached a level of incompetence and ignorance which is scary – but he has also surrounded himself with inept, preposterous people, like, Pence, Bolton, Pompeo – who, it appears, have no other means left than running around the world amok, dishing out threats left and right and spending billions on moving aircraft carriers around the globe to make sure people are afraid of the great-great United States of America.

Back to trading with China. China has a million ways (almost) to retaliate. China can devalue her currency vis-à-vis the dollar, or China can dump some of their almost 3 trillion dollars-worth of reserves on the money market – just take a wild guess about what that would do to the hegemony of the dollar which is already in dire straits – with ever more countries departing from the use of dollars for international trade.

And just hypothetically, China could stop altogether exporting all that Walmart junk that American consumers love so much just for a while. Or China could stop making iPhones for the US market. Guess what kind of an uproar that would trigger in the US?  Or China could, of course, levy herself high tariffs on US imports, or stop US imports altogether. China being part of the Shanghai Cooperation Organization (SCO) – actually the co-founder of it – has many alternatives to cover her demand. No need to depend on the west.

Let’s not forget, the SCO which also counts as its members, Russia, India, Pakistan, most of Central Asia, and Iran poised to become a full-fledged member, covers about half of the world population and a third of the world’s economic output, or GDP. No need to look to the west for ‘survival’ – those times are long gone.

But more importantly, what all this looks like to me is the desperate thrashing around of a dying beast, or in this case a dying empire.

We have the US and Venezuela – threats after threats after threats – Maduro must go, or more sanctions. Indeed, according to a study by the Center for Economic Policy Research (CEPR), these horrifying, totally illegal sanctions or blockages of imports, most of them already paid for by Venezuela, have killed some 40,000 people in Venezuela. Of course, Washington doesn’t care about legality and killing, also typical for a fading mighty power – no respect for law and order, no respect for human rights and human lives. One only has to see what type of psychopaths are occupying the tasks of “Foreign Minister” and of “National Security Advisor” or of Vice President, for that matter – they are all sick, but very sick and dangerous people.

Well, in Venezuela “regime change” didn’t work out – so far. Pompeo has been clearly told off by Mr. Lavrov during their recent get-together in Helsinki,  and China is in the same line of supporting the government of Nicolas Maduro.

Next – Iran. Attacking Iran has been a dream of Bolton’s ever since the US 2003 “Shock and Awe” invasion of Iraq. Bolton and Pompeo are of the same revolting kind: They want wars, conflicts, or if they don’t get wars, they want to sow fear, they enjoy seeing people scared. They want suffering. Now they didn’t succeed – at least so far – with Venezuela, let’s try Iran. Pompeo – “Iran has done irregular things” – not saying what in particular he means – so Iran has to be punished, with yet more sanctions. And any argument is good.

The entire world knows, including the Vienna-based UN Economic Energy Commission, and has acknowledged umpteen times that Iran has fully adhered to the conditions of the Nuclear Deal from which the US exited a year ago. Of course, no secret here either, this at the demand of Trump’s Big Friend Bibi Netanyahu. The European Union vassals may actually turn for their own business interests, not for political ethics, but pure and simple self-interest – towards respecting the Joint Comprehensive Plan of Action (JCPOA), or Nuclear Deal. China and Russia are already holding on to the Deal, and they are not impressed by Washington’s threats. So, there is very little Trump and his minions can do, other than saber rattling.

Therefore, the nefarious Pence-Pompeo-Bolton trio must invent another warning: Iran or any proxy of Iran shall attack an ally of the US, and Iran will be devastated. In fact, they consider the Houthis in Yemen who fight for their sheer survival against the US-UK-France – and NATO supported Saudis, as a proxy for Iran. So, the US could start bombing Iran already today. Why don’t they?

Maybe they are afraid – afraid Iran could lock down the Strait of Hormuz, where 60% of US oil imports have to sail through. What a disaster that would be, not just for the US but also for the rest of the world. Oil prices could skyrocket. Would Washington want to risk a war over their irrationality? Maybe, Mr. Halfwit Trump might, but I doubt that his deep-dark state handlers would. They know what’s at stake for them and the world. But they let Trump play his games a bit longer.

Moving the aircraft carrier USS Abraham Lincoln, loaded with war planes, close to Iranian waters costs hundreds of millions or billions. Just to enhance a threat. A show-off. Bolton and Pompeo will entertain their sadism, enjoying seeing scared people. But the cost of war doesn’t matter – it’s just more debt, and as we know, the US never, but never pays back its debt.

Next, or simultaneously, is China. The trade war with China that started last year, then had a respite to the point of the recent joint negotiations and suddenly the Trumpians are veering off again. They must smash China, wanting to appear superior. But why? The world knows that the US is no longer superior by a long shot, and haven’t been for the last couple of years, when China surpassed the US in economic strength, measured by PPP – Purchasing Power Parity – which is the only parity or exchange rate that has any real meaning.

Guess what!  All these three cases have one common denominator: The dollar as a chief instrument for world hegemony. Venezuela and Iran have stopped using the dollar for their hydrocarbon and other international trading, already some years ago. And so did China and Russia. China’s strong currency, the Yuan, is rapidly taking over the US-dollar’s reserve position in the world. Sanctioning China with insane tariffs is supposed to weaken the Yuan; but it won’t.

All of these three countries, China, Iran and Venezuela are threatening the US dollar’s world hegemony and without that the US economy is dead, literally. The dollar is based on thin air, and on fraud.  The dollar system used around the globe is nothing but a huge, a very big and monstrous Ponzi-scheme, that one day must be coming crashing down.

That’s what’s at stake. New FED Board member, Herman Cain, for example, is pledging for a new gold standard. But none of these last resort US measure will work, not a new gold standard, not a trade and tariff war, and not threats of wars and destruction and “regime change”. The nations around the world know what’s going on, they know the US is in her last breath; though they don’t quite dare saying so, but they know it, and are waiting for the downfall to continue. The world is waiting for the grand fiesta, dancing in the streets, when the empire disappears or becomes utterly irrelevant.

• First published in New Eastern Outlook (NEO)

Venezuela: A Risk to Dollar Hegemony

After the new coup attempt – or propaganda coup – Venezuela lives in a state of foreign imposed insecurity. The failed coup was executed on 30 April by Juan Guaidó, the self-proclaimed and Washington-trained and endorsed “interim President”, and the opposition leader, Leopoldo López, who was hurriedly freed from house arrest by Guaidó with a couple of dozens of armed-to-the-teeth defecting military, who apparently didn’t quite know what they were up to. Because, when all was over after a few hours, most of them asked to be re-integrated into their military units – and, as far as I know, they were readmitted.

These are Washington’s puppets and “coup-makers”. When one sees that the so-called coup was defeated in a mere few hours, without any Venezuelan military interference, one wonders whether this was really planned as a coup, or merely as a “public relations” coup, for the media to ‘recharge’ their narrative of Maduro dictatorship, of a suffering people, of famine, of lack of medication and medical supplies all due to the Maduro government’s mismanagement of Venezuela’s natural riches, the lie-slander we have been used to for the last several years.

For sure, the Venezuelan people are suffering. According to a CEPR report sanctions have killed some 40,000 Venezuelans. And this, not because of President Maduro’s squandering of Venezuelan resources, but because of a brutal, merciless outside interference, principally from the United States and to a lesser degree from Washington’s European vassals. If you listen to the ceaseless drumbeat for war against Venezuela and her democratically elected President Nicolas Maduro, by Pompeo, Bolton, Pence and Trump, you can only wonder and shake your head.  What pathological and schizophrenic world are we living in? And are we all sick to the bone, that we tolerate it, that nobody of and in power – other than Russia and China – say ‘Halt’ to this deadly fiasco?

This article by Eric Zuesse, including leaked documents from Pentagon’s southern command, SOUTHCOM, will give the non-believers plenty of reasons to change their minds.

Western humanity has reached an abject state of mental disease. We allow the slaughter of tens of millions of people by the United States and its NATO allies in US-provoked wars and conflicts around the world, indiscriminate killing for resources and monetary dominion. But we follow the same killer nation in accusing a quiet, peace-loving, fully democratic country, like Venezuela, to be utterly trampled on and punished with the most horrific monetary and economic sanctions – all illegal, by any standards of law – and our western “leaders” know it all.

These western heads of state and their chosen minions do not have the guts or political courage to say ‘STOP’. They could, if they had any conscience left. These so-called leaders (sic) of vassal states, they have it all in their sovereign power. They could together decide that enough is enough, separate themselves from the Washington horrors and form a real European Union, a union to say no to the tyrant, a union that is capable of calling its own sovereign shots, decide its own destiny, a destiny of alliance with peaceful countries like Venezuela, Cuba, Russia, China, Iran and more, basically all those that have decided not to bend to the dictate of Washington.

Why don’t they? Have they been bought, or received death threats if they dare to deviate? All is possible, even likely, because it is unfathomable that the leaders, the political heads of all those 28 EU countries are hell-bent to believe the lies being propagated day-in and day-out, drip-by-miserable drip. It is not possible.

Back to Venezuela.

The western public at large must never be too long without devastating smear-news about a regime the empire wants to “change”. It is clear that the nefarious pair in Venezuela, Guaidó-López, followed strict Washington instructions. Guaidó would never dare do anything without prior approval and directives from his masters in Washington.

Despite threats after pompous threats and false accusations and failed coup attempts, President Maduro holds on to a solid backing of six million voters who supported him, more than two thirds of those who went to the ballots, on 20 May 2018. He also has the solid support of the military, who have a revolutionary integrity and conscience unknown to the west. And not least, he has the support of Venezuela’s solid allies, Russia and China.

Nevertheless, the United States will not let go. Why do they risk everything – even a devastating war?

Well, there are several reasons. First you may think, “It’s the Oil, stupid!”, and second, the turbo-capitalist, neoliberal turning-to-neofascist US will not tolerate a socialist state in what they still consider their ‘backyard’.  Well, all of this is true. Venezuela has indeed the world’s largest hydrocarbon reserves, and it is conveniently close to The US’s Texas refineries.

However, the key reason for Washington forcing ‘regime change’ is that Venezuela has stopped selling her hydrocarbon in US dollars, and, may therefore become a risk for the US-dollar hegemony around the globe. That is a punishable violation for the empire. At least two heads of state were assassinated because they dared abandoning the unwritten and unlawful, but nevertheless US-imposed rule to sell their oil and gas in US-dollars, Saddam Hussein of Iraq and Muammar Gaddafi. Both had started trading their oil in other than US-dollar currencies and were strong advocates for others to do likewise.

Some three years ago, Venezuela started selling her oil and gas in other currencies than the US-dollar, a cardinal sin.

Global dollar hegemony, meaning the full control of economies throughout the globe – a control that is rapidly fading – can only be maintained by a world flooded by dollars and with a monetary system that is entirely controlled by the FED and its associated American banks, by an international transfer system, SWIFT, that channels every dollar to be moved between countries, whether it is the US or any other country – through a US bank, in either New York or London. That still being the case, the US dollar remains the key reserve currency in the world, though rapidly fading. And second, through the obligatory trading of a commodities – like hydrocarbon energy – ONLY in US-dollars. The latter also allows the empire to print as many dollars as it needs to keep the world economy under control – and punish those that do not want to bend to Washington’s rule, with sanctions and confiscation of assets abroad, because — all transactions are controlled by the US banking system.

First, the dollar as a reserve currency, is fading rapidly, as ever fewer countries entrust their reserves to a largely recognized ‘fake’, fiat and debt-based currency, the US-dollar. They convert their dollar reserve holdings gradually into other assets; i.e. gold, or the Chinese Yuan which has become high in demand over the last few years. Logically, because China is already known as the undisputable strongest economy in the world, hence, the Chinese currency has a special reserve standing. However, the mainstream media do not report on this.

Second, with a growing number of countries that do no longer respect the Washington imposed US-dollar rule for hydrocarbon trading – the demand for dollars decreases rapidly – a direct confrontation to the United States’ dollar hegemony over the world. Russia and China have years ago stopped trading in US dollars, not only hydrocarbons, but everything. India and Iran have started doing the same. Other countries will follow – and Venezuela, one of the vanguards with the world’s largest oil reserves – should, therefore, not be allowed to become a model for other nations. The Trump Administration and its Wall Street masters will do what it takes to stop Venezuela from abandoning the dollar.

Hence, regime change and taking over the vast oil assets is of the order – with war, if necessary – “all options are on the table” – all under the blatantly fakest pretexts of “humanitarian intervention” and bringing back democracy – when the world knows that anywhere the US intervenes, democracy is abolished. In fact, what the US has managed – and wantonly so – is kill any democracy that ever existed.

Under these circumstances, Venezuela’s transgression in shedding the dollar for oil trading – and for trading in general – amounts to a serious threat to the dollar hegemony and must be suffocated. That’s what these coup attempts are all about. If they succeed, the dollar-currency collapse could be postponed for a bit, and taking possession of the oil reserves would be the icing on the cake.

What’s left after the dollar dominance over the world is gone, once the key tool, economic sanctions, for manipulating nations into doing the bidding of the emperor is no longer effective?  A broken US economy, one that already today depends heavily on the war and weapons industry – in fact, for over 50% of US GDP, when all associated manufacturing and services are counted. What’s left is the overwhelming firepower of that belligerent warmongering and war-dependent nation, with which the US and NATO could pull the rest of the world into oblivion.

That’s what’s at stake with any nation that wants to kick the petro-dollar. Also, Iran, of course. But both Iran and Venezuela have strong protection from Russia and China – two countries that freed themselves from the fangs of the dollar system years ago. And they are offering a bright future with viable Eastern monetary alternatives, mostly based on the Chinese Yuan and other currencies linked to SCO (Shanghai Cooperation Organization) members.

Venezuela – Venceremos!

Venezuela: Another Failed Coup Attempt

In the early morning hours of 30 April, 2019, the self-declared “Interim President”, Juan Guaidó, launched what at first sight appeared to be a military coup – Guaidó calls it “Operation Freedom” (sounds very much like a Washington-invented title) – against the democratically elected, legitimate government of Nicolas Maduro. With two dozen of defected armed military from the Carlota military base east of Caracas (not hundreds, or even thousands, as reported by the mainstream media), Guaidó went to free Leopoldo Lopez, the opposition leader, who was under house arrest, after his 13-year prison sentence for his role in the deadly 2014 anti-government protests, was commuted. They first called for a full military insurrection – which failed bitterly, as the vast majority of the armed forces are backing President Maduro and his government.

As reported straight from Caracas by geopolitical analyst, Dario Azzelli, Guaidó and López rallied from the Plaza Altamira, for the people of Venezuela to rise up and take to the streets to oust President Maduro. According to them, this was the ‘last phase’ of a peaceful coup to bring freedom and democracy back to Venezuela. The nefarious pair issued a video of their “battle cry” which they broadcast over the social media.

They mobilized a few hundred – again not thousands as pers SMS – right-wing middle to upper class protestors and marched towards the Presidential Palace. On the way, they were confronted by the Venezuelan Civil Guard with tear gas – not even the military had to intervene – and only few protestors reached Miraflores which was protectively surrounded by thousands of Chavistas. And that was basically the end of yet another failed coup.

Leopoldo López was seeking asylum in the Chilean Embassy which rejected him, and now, it looks like he found his refuge in the Spanish Embassy. This is a huge embarrassment and outright shame for Spain, especially after the Socialist Party, PSOE, just won the elections with 29%, though not enough to form a government by its own, but largely sufficient to call the shots as to whom should be granted asylum on their territory. Looks like fascism is still alive in Spain, if Pedro Sanchez is not able to reject a right-wing fascist opposition and illegal coup leader of Venezuela to gain refuge on Spain’s territory.

As to Guaidó, rumors have it that he found refuge in the Brazilian Embassy, though some reports say he is being protected by his Colombian friends. Both is possible, Bolsonaro and Duque are of same fascist kind, certainly ready to grant criminals – what Guaidó is – asylum.

What is important to know, though, is that throughout the day of the attempted coup, 30 April, the US State Department, in the person of the pompous Pompeo, accompanied by the National Security Advisor, John Bolton, kept threatening President Maduro in a press round. Pompeo directly menaced President Maduro, saying – “If they ask me if the US is prepared to consider military action [in Venezuela], if this is what is necessary to restore democracy in Venezuela, the President [Donald Trump] has been coherent and clear: The military option is available, if this is what we have to do.” – These threats are repeated throughout May 1 – day after the Venezuelan attempted coup defeat by both Pompeo and warrior Bolton.

Pompeo’s audacity didn’t stop there. He went as far as suggesting to President Maduro to flee to Cuba and leave his country to those that will bring back (sic) freedom and democracy.

Let’s be clear. Although this has been said before – it cannot be repeated enough for the world to understand. These outright war criminals in Washington are in flagrant violation of the UN Charter to which the US is – for good or for bad – a signatory.

UN Charter – Chapter I, Article 2 (4), says:

All Members shall refrain in their international relations from the threat or use of force against the territorial integrity or political independence of any state, or in any other manner inconsistent with the Purposes of the United Nations.

We know that the White House, Pentagon and State Department have zero respect for the UN, and, in fact, use the international body for their purposes, manipulating and blackmailing its members into doing the bidding for the US. That is all known and has been documented. What is perhaps newer is that this is now happening, especially in the cases of Venezuela and Iran, openly, in unveiled flagrant disrespect of any international law, against bodies and sovereign countries that do not bend to the whims and will of the United States.

As a result of this open violation of the UN Charter by the world’s only rogue state, some 60 UN member nations, including Russia and China, have formed a solid shield against Washington’s aggressions. The group was created especially in defense of Venezuela, but is also there for Iran and other countries being aggressed and threatened by the US. Hence, the blatant blackmailing and manipulation of weaker UN member countries becomes more difficult.

To be sure, the Russian Foreign Ministry has immediately condemned the coup as illegal and warned the US of any military intervention. This is, of course, not the first time, but just to be sure – Russia is there, standing by her partner and friend, Venezuela.

This Guaidó–Lopez attempted coup was most certainly following instructions from Washington. Super-puppet Guaidó, US-groomed and trained, then self-declared “presidente interino”, would not dare do anything on his own initiative which might raise the wrath of his masters. But would the US – with all her secret services capacity – seriously launch a coup so ill-prepared that it is defeated in just a few hours with minimal intervention of Venezuelan forces? I doubt it.

What is it then, other than a planned failure? A new propaganda instrument, for the corporate MSM to run amok and tell all kinds of lies, convincing its complacent western public of the atrocities produced by the Maduro regime, the misery Venezuelan people must live, famine, disease without medication, oppression by dictatorship, torture, murder, whatever they can come up with. You meet any mainstream-groomed people in Europe and elsewhere, even well-educated people, people who call themselves ‘socialists’ and are leading figures in European socialist parties, they would tell you these same lies about misery caused by the Maduro regime.

How could that be if the Maduro Government doesn’t even arrest Juan Guaidó for his multiple crimes committed since January, when he self-proclaimed being the ‘interim president’ of Venezuela? Arresting him, for the coup attempts he initiated or was party to since his auto coronation to president. That’s what a dictator would do. That’s what the United States of America would have done a long time ago. Washington and its internal security apparatus would certainly not tolerate such illegal acts, and to top it off, foreign manipulated political illegality.

Why, for example, would the media not point out the real crimes of the US vassals of South America, like Colombia, where over 6 million people are internal and external refugees, where at least 240,000 peasants and human rights activists were massacred and many were burned by US-funded paramilitary groups, atrocities that are ongoing as of this day, despite the November 2016 signed  “Peace Agreement” between the then Santos Government and the FARC for which President Manuel Santos received the Nobel Peace Prize. Can you imagine!

What world are we living in? A world of everyday deceit and lies and highly paid lie-propaganda, paid with fake money – fake as in indiscriminately printed US-dollars – of which every new dollar is debt that will never be paid back (as openly admitted by former FEDs Chairman, Alan Greenspan); dollars that can be indiscriminately spent to produce the deadliest weapons, as well as for corporate media-propaganda lies – also a deadly weapon – to indoctrinate people around the globe into believing that evil is good, and that war is peace.

I have lost many friends by telling them off, by telling them the truth, the truth about Venezuela, Cuba, Iran, Syria – mostly to no avail. It’s actually no loss; it’s merely a repeated confirmation of how far the western society has been veered off the path of conscience into a comfort zone, where believing the propaganda lies of reputed media like The Guardian, NYT, WashPost, BBC, FAZ, Spiegel, Le Monde, Figaro, el País, ABC  and so on, is edifying. They are so convincing. They are so well-reputed and well-known. How could they lie? No loss, indeed.

Let’s stay on track, comrades. Venceremos!