Posted by: quiscus | November 22, 2009

November 22, 2009

1.  “Perhaps KSM is also a magician, and used voodoo to make WTC 7 fall at partial freefall, to make jet fuel “switch elevators” on its way to the lobby, and to then spring the jet fuel over to WTC 7. Perhaps he used magic to persuade the FBI to drop their surveillance of the 1993 bombers, and to fill the towers with nano-thermite. Perhaps KSM used voodoo to vaporize lead and steel in the towers, and to hide Saddam’s mysterious WMD.”

2.  What a grotesque charade:

“Albania: Town to Unveil Statue of President Bush”

3.  “USA Today undermines the entire master narrative of US/NATO military operations in Afghanistan, writing: “The U.S. military says the vast majority of the 700 detainees at its biggest prison in Afghanistan could eventually be released because they’re fighting more for money than ideology.”

War hawks are always saying we are there to fight the Taliban because they are ideologically aligned with and inseparable from al-Qaeda. But the guys we’ve been fighting and imprisoning seem just to be poor schmucks looking to make a buck by militia activity.”

4.  “Wells Fargo Says It Doesn’t Have to Reserve Against Its Off-Balance Sheet Residential Exposure Because the FHA (Meaning the Taxpayers) Will Pay For It

WFC is basically saying that none of the bank’s $1.1 trillion in conforming OBS [off balance sheet] exposures need to be represented or reserved against.

Bottom line: Wells Fargo is saying that since the FHA – that is, the government, that is, the taxpayers – will bail out Wells for loans that go bad, the giant bank doesn’t have to reserve against these possible losses.

Yes, Wells is as bad as the other too big to fails. See this, this, this and this.”

5.  “Why we fight”: The Nature of Modern Imperialism

Aggressive and exclusive military alliances like NATO should be disbanded

Alan McKinnon shows that the UK and US ‘defence’ policy is in fact a ‘projection of power’ policy with the primary purpose of defending the commercial interests of transnational companies

The Gulf area still accounts for up to 70 per cent of known oil reserves where the costs of production are lowest. So it is no surprise that US policy continues to focus on Iran which has the world’s second largest combined oil and gas reserves.

The US response has been largely military – the expansion of NATO and the encirclement of Russia and China in a ring of hostile bases and alliances. And continuing pressure to isolate and weaken Iran by a campaign of sanctions orchestrated through the IAEA and the United Nations with the threat of military action lurking in the background. The danger is that, even under the presidency of Obama, an economically weakened United States will tend to use the one massive advantage it has over its rivals – its global war machine.

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