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Foreign jihadists pour into northern Mali

BAMAKO: Hundreds of jihadist fighters poured into Mali over the weekend to support the Islamists who have controlled the north for seven months, ahead of a threatened regional intervention to seize back power.

Residents of the cities of Timbuktu and Gao, Malian security officials and Islamist commanders all confirmed on Sunday that there had been a huge influx of foreign fighters over the past two days.

It comes as the Economic Community of West African States (Ecowas), a regional bloc of 15 countries including Mali, prepares for military action in the north.

“In the Timbuktu region and around Gao, hundreds of jihadists, mostly Sudanese and Sahrawis, have arrived as reinforcements to face an offensive by Malian forces and their allies,” a Malian security official said on condition of anonymity.

One resident of Timbuktu said “more than 150 Sudanese Islamists arrived in 48 hours”.

“They are armed and explained that they had come to help their Muslim brothers against the infidels,” he said.

A source close to a local aid group also said that many Sudanese had arrived but added there were also fighters from other countries.

Timbuktu is one of the main cities in northern Mali, which Islamist groups have controlled since overpowering a secular Tuareg rebellion that seized the area in March.

The desert city is now under the control of Ansar Dine, a group led by a former Tuareg rebel leader, and al Qaeda in the Islamic Maghreb (Aqim).

‘They want war, we’ll give them war’

In Gao, further east, a similar influx of foreign fighters was reported by residents.

Since Friday, Islamists have been arriving and reporting to the Islamic police of the Movement for Oneness and Jihad in West Africa (Mujao), the Aqim offshoot that controls the city, said one resident.

He said he had seen around 10 pick-up trucks packed with armed fighters driving up to Mujao’s main office in Gao.

The Islamist group itself confirmed it was receiving the support of foreigners as Ecowas was finalising its plans for a military intervention.

“They want war, we’ll give them war. This is why our brothers are joining us from all over,” Habib Ould Issouf, one of Mujao’s top leaders in Gao, told AFP.

“They are coming from the camps of Tindouf in Algeria, from Senegal, from Ivory Coast, from everywhere,” he said.

Led by former colonial power France, the international community has urged Mali and its regional allies to speed up preparations for a military offensive.

Ecowas has a 3,000-strong force ready to deploy but its funding and exact make-up remain unclear.

Malian troops could start training immediately for their operation, France’s Foreign Minister Laurent Fabius told French television on Sunday.

France has offered logistical support but no troops on the ground.

On March 22, army officers toppled the government in protest at what they said was its failure to equip them to counter a burgeoning rebellion by Tuareg separatists and Islamists in the north.

But that only accelerated the uprising. The ensuing power vacuum in the capital Bamako allowed the rebel forces to quickly seize the north, virtually unopposed.

The Islamist forces quickly sidelined their former Tuareg allies and now control a territory in the north which is larger than France. In the south, the officers who led the coup handed over to an interim administration, but retain considerable influence.

Ansar Dine and Mujao have since implemented an extreme form of Islamic law in the north, amputating the hands and feet of thieves, stoning unwed couples and ordering women to wear full veils.

Western powers have expressed fears that al Qaeda and its affiliates could turn northern Mali into the same type of haven that Afghanistan was a decade ago.

Mali’s interim president Dioncounda Traore flew to Qatar on Sunday for a three-day visit. Some Malian media outlets have accused the oil-rich emirate of supporting the Islamists, but Doha has denied the allegations.

Foreign jihadists pour into northern Mali.

Audit of the Federal Reserve Reveals $16 Trillion in Secret Bailouts

unelected.org
Sat, 01 Sep 2012 01:33 CDT

The first ever GAO (Government Accountability Office) audit of the Federal Reserve was carried out in the past few months due to the Ron Paul, Alan Grayson Amendment to the Dodd-Frank bill, which passed last year. Jim DeMint, a Republican Senator, and Bernie Sanders, an independent Senator, led the charge for a Federal Reserve audit in the Senate, but watered down the original language of the house bill(HR1207), so that a complete audit would not be carried out.

Ben Bernanke (pictured to the right), Alan Greenspan, and various other bankers vehemently opposed the audit and lied to Congress about the effects an audit would have on markets. Nevertheless, the results of the first audit in the Federal Reserve’s nearly 100 year history were posted on Senator Sander’s webpage earlier this morning.

What was revealed in the audit was startling:

$16,000,000,000,000.00 had been secretly given out to US banks and corporations and foreign banks everywhere from France to Scotland. From the period between December 2007 and June 2010, the Federal Reserve had secretly bailed out many of the world’s banks, corporations, and governments. The Federal Reserve likes to refer to these secret bailouts as an all-inclusive loan program, but virtually none of the money has been returned and it was loaned out at 0% interest. Why the Federal Reserve had never been public about this or even informed the United States Congress about the $16 trillion dollar bailout is obvious – the American public would have been outraged to find out that the Federal Reserve bailed out foreign banks while Americans were struggling to find jobs.

To place $16 trillion into perspective, remember that GDP of the United States is only $14.12 trillion. The entire national debt of the United States government spanning its 200+ year history is “only” $14.5 trillion. The budget that is being debated so heavily in Congress and the Senate is “only” $3.5 trillion. Take all of the outrage and debate over the $1.5 trillion deficit into consideration, and swallow this Red pill: There was no debate about whether $16,000,000,000,000 would be given to failing banks and failing corporations around the world.

In late 2008, the TARP Bailout bill was passed and loans of $800 billion were given to failing banks and companies. That was a blatant lie considering the fact that Goldman Sachs alone received 814 billion dollars. As is turns out, the Federal Reserve donated $2.5 trillion to Citigroup, while Morgan Stanley received $2.04 trillion. The Royal Bank of Scotland and Deutsche Bank, a German bank, split about a trillion and numerous other banks received hefty chunks of the $16 trillion.

“This is a clear case of socialism for the rich and rugged, you’re-on-your-own individualism for everyone else.”- Bernie Sanders (I-VT)

When you have conservative Republican stalwarts like Jim DeMint(R-SC) and Ron Paul(R-TX) as well as self identified Democratic socialists like Bernie Sanders all fighting against the Federal Reserve, you know that it is no longer an issue of Right versus Left. When you have every single member of the Republican Party in Congress and progressive Congressmen like Dennis Kucinich sponsoring a bill to audit the Federal Reserve, you realize that the Federal Reserve is an entity onto itself, which has no oversight and no accountability.

Americans should be swelled with anger and outrage at the abysmal state of affairs when an unelected group of bankers can create money out of thin air and give it out to megabanks and supercorporations like Halloween candy. If the Federal Reserve and the bankers who control it believe that they can continue to devalue the savings of Americans and continue to destroy the US economy, they will have to face the realization that their trillion dollar printing presses will eventually plunder the world economy.

The list of institutions that received the most money from the Federal Reserve can be found on page 131of the GAO Audit and are as follows..

  • Citigroup: $2.5 trillion ($2,500,000,000,000)
  • Morgan Stanley: $2.04 trillion ($2,040,000,000,000)
  • Merrill Lynch: $1.949 trillion ($1,949,000,000,000)
  • Bank of America: $1.344 trillion ($1,344,000,000,000)
  • Barclays PLC (United Kingdom): $868 billion ($868,000,000,000)
  • Bear Sterns: $853 billion ($853,000,000,000)
  • Goldman Sachs: $814 billion ($814,000,000,000)
  • Royal Bank of Scotland (UK): $541 billion ($541,000,000,000)
  • JP Morgan Chase: $391 billion ($391,000,000,000)
  • Deutsche Bank (Germany): $354 billion ($354,000,000,000)
  • UBS (Switzerland): $287 billion ($287,000,000,000)
  • Credit Suisse (Switzerland): $262 billion ($262,000,000,000)
  • Lehman Brothers: $183 billion ($183,000,000,000)
  • Bank of Scotland (United Kingdom): $181 billion ($181,000,000,000)
  • BNP Paribas (France): $175 billion ($175,000,000,000)

and many many more including banks in Belgium of all places

View the 266-page GAO audit of the Federal Reserve (July 21st, 2011):

Sources:
US Government Accountability Office (GAO)
FULL PDF on GAO server.
Senator Sander’s Article

Audit of the Federal Reserve Reveals $16 Trillion in Secret Bailouts — Puppet Masters — Sott.net.

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