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Soros-Rockefeller-Rhodes protégé – tried to allay a default by engineering a new sovereign debt bond mega-swap.

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Argentina, Buenos Aires : A woman passes in front of the window of an exchange in downtown Buenos Aires on October 28, 2011. (AFP Photo / Danniel Garcia)

Exactly ten years ago Argentina suffered a full-scale financial and governmental collapse. That was the end-result of over a decade of doing exactly what the IMF, international bankers, rating agencies and global “experts” told us to do.

Then President Fernando de la Rúa kept applying all IMF recipes to the very last minute, making us swallow their poisonous “remedies”.

It all began getting really ugly in early 2001 when De la Rúa could no longer service Argentina’s “sovereign debt” even after driving the country into full “deficit zero” mode, slashing public spending, jobs, health, education and key public services.

By March 2011, he had brought back Domingo Cavallo as finance minister, a post Cavallo had already held for six years in the nineties under then-President Carlos Menem, imposing outrageous IMF deregulation and privatization policies that weakened the state and led straight to the 2001 collapse.

Well, it wasn’t really De la Rúa who brought back Cavallo but rather David Rockefeller (JPMorgan Chase) and William Rhodes (CitiCorp), who personally came to Buenos Aires to tell/order President De la Rúa to name Cavallo… or else!

So, by June 2001, Cavallo – a Trilateral Commission member and Soros-Rockefeller-Rhodes protégé – tried to allay a default by engineering a new sovereign debt bond mega-swap which increased public debt by $51 billion, but did not avert total collapse that December.

What then? De la Rúa and Cavallo protected the bankers, avoiding a massive run on all banks by freezing all bank deposits. “Corralito” they called it – “the crib” – whereby account holders could only withdraw 250 pesos per week (at the time, equivalent to $250; after the 2002 devaluation, equal to $75).

Argentina’s economy all but collapsed; people took to the streets banging pots and pans, screaming and yelling, calling all bankers ‘thieves, criminals, crooks, swindlers and robbers’ but… the big mega-bank bronze gates all remained tightly shut. No one got their money back.

Half of bank deposits were in dollars. Again, no one got their dollars back, but just as pesos at a fraudulent rate of exchange after devaluation had been imposed and Argentina’s so-called “convertibility” Currency Board that Cavallo had imposed a decade earlier pegging the peso to the dollar at an unrealisticone-to-one parity, was dropped.

Clearly,this was a massive banker-orchestrated, government-backed robbery of the assets and savings of 40 million Argentinians.Half our population quickly fell below the poverty line, GDP contracted by almost 40% in 2002, millions lost their jobs, their savings, their homes to foreclosures, their livelihoods and yet… not one single bank folded or collapsed!

Amid rioting in Buenos Aires and major cities and brutal police repression that left 30 dead on the streets, De la Rúa boarded his helicopter on the rooftop of the “Casa Rosada” presidential palace and abandoned ship. That last week of December 2001, four presidents successively went by until finally the bankers, the media, and the US State and Treasury Departments accepted Eduardo Duhalde as provisional president. He finally named finance minister Roberto Lavagna, a founding member of the local CARI, the Argentine Council on Foreign Relations, which is the local New York CFR branch.

Argentina was used as a testing ground by the global power elite to learn how a full-scale financial, monetary, banking and economic collapse can be controlled and its social consequences suitably engineered to ensure that, with time: (a) the bankers came out unharmed, (b) “democratic order” is re-instated and the new government imposes another sovereign debt mega-swap, balance their numbers, and calm the people down (or else!), and (c) put big smiles back on bankster faces…Business as usual!

The lessons learned in Argentina in 2001/3 are today being used in Greece, Ireland, Spain, Italy, Iceland, the UK and the US.

So, “Occupy Wall Street” demonstrators, lend me your ears! You haven’t got a chance! The global money masters already made their financial war game exercise in Argentina.

At one point it got so bad that New York Times journalist Larry Rohter (later alleged by the Brazilian government to have ties with the CIA) had the gall to suggest the territorial break-up of Argentina to “solve” our debt crisis. The title of his perverse article, published on 27 August 2002, said it all: “Some in Argentina see secession as the answer to economic peril”, specifically targeting our natural resources-rich Patagonian region…

Then, the global power elite finally got their man when Néstor Kirchner became president in May 2003. Kirchner retained the finance minister, Lavagna, engineered yet another sovereign debt mega-swap running 42 years into the future (!); he paid the IMF the full amount they claimed of $10 billion (in cash, in dollars and with no deductions; i.e. absolutely most-favored creditor status!) getting nothing in return; he further weakened Argentina’s military, dumbed-down education, media and culture, and ended up imposing his wife Cristina as successor.

Clearly, lots of lessons were learned from the “Argentine experience,” which come in so handy when dealing with those rowdy, poorer Europeans today.

So, one decade on…. anyone for a tango? Adrian  Salbuchi

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Burma Today

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Darlene Casella
November 22, 2011

Evolved from the colonial poems of Kipling to the specter of nuclear weapons, world leaders are taking a renewed look at provocative Burma.

Rudyard Kipling wrote The Road to Mandalay; a poem about the sometime capital of the British Colony, Burma.

“Come you back to Mandalay, Where the old Flotilla lay:
Can’t you ‘ear their paddles chunkin’ from Rangoon to Mandalay on the road to Mandalay,
Where the flyin’ fishes play,
An’ the dawn comes up like thunder outer China ‘crost the Bay!”

Kipling’s poem became a song for Paramount’s first “Road “picture, with Bing Crosby and Bob Hope. The Road to Mandalay was renamed The Road to Singapore. Frank Sinatra made the song a hit in his Come Fly With Me album.

Songs and laughter are not the reality of Burma today. Myanmar was renamed after the brutal uprising in 1998. Yangon, formerly Rangoon, means “End of Strife.” This name is an antonym to Burmese life. Pervasive government control, electricity and food shortages, corruption and rural poverty abound. State assets have been “privatized” to military families and government cronies. In spite of abundant natural resources, Burma remains one of the world’s poorest countries.

Human trafficking of women and children for commercial sexual exploitation; conscription of child soldiers, and forced labor camps are found. Extreme human rights violations cause the United States, the European Union, and Canada to impose financial and economic sanctions.

Myanmar sits at the crossroads of Asia’s great civilizations between India, Bangladesh, Laos, China, and Thailand. Strategically located on the vast Indian Ocean; she stretches to the Eastern Himalayan Mountains, but is smaller than Texas.

Ancient cities, spectacular monuments, well preserved pagodas, stupas, and temples make Myanmar a rich archaeological find. People communicate in their own languages, wear their own style of clothing, celebrate festivals, and perform rituals that have existed since time immemorial. Buddhism is influential. Most boys, and many girls, take part in novitiation which is a temporary monastic life; which includes a shaved head, wearing a robe, and staying in a monastery (a nunnery for girls). Monks in yellowish robes hold alms bowls, heads bowed, humbly asking for whatever food is offered.

The George Soros Foundation created The Burma Project in 1994 to increase international awareness of conditions in Burma and help the country to make transition from a closed to an open society.

Aung San Suu Kyi is a Burmese national hero, a Noble Laureate, and head of the pro democracy movement. She was under house arrest for most of the last 20 years; during this time her husband died in England. At the age of 65, she was released in November 2010 and saw her son for the first time in ten years. Bono wrote the song “Walk On” for Kyi. She has millions of supporters worldwide.

Former First Lady Laura Bush, an advocate of Suu Kyi, worked with 16 women senators to draft a letter to the UN to secure Kyi’s release. Mrs. Bush wrote an op-ed piece in the Wall Street Journal, was interviewed in Time Magazine, and personally called General Secretary Ban Ki Moon asking him to pressure the Burmese regime to release Suu Kyi. In 2010 Laura Bush made a U Tube video about Suu Kyi. Happily Laura Bush spoke by phone with the recently freed pro democracy activist. Encouraged by recent developments, Aung San Suu Kyi announced a return to politics. She had meetings with President Thein Sein.

Burma remains a close ally of China. China and Myanmar have multibillion dollar joint venture pipelines to transport oil and gas. It will link refineries in Western China across Myanmar. Offshore natural gas will go to China. Under civilian control since March 2011, Myanmar has embarked on a series of reforms; released 220 political prisoners, relaxed media control, and legalized trade unions. Association for Southeast Asian Nations (ASEAN) has named Burma as the Chair starting in 2014. UN Secretary General Ban Ki Moon has accepted an invitation to visit the country as soon as possible.

Troubling aspects of Sein’s new government include their nuclear ambition, and their military relationship with North Korea. Norway based “Voice of Burma” broadcast this in a one hour documentary film on Aljazeera television in the Middle East. A young Burmese military specialist on rocket engines shows that Burma has components for a nuclear weapons program, including technology for uranium enrichment and long range missiles.

President Barack Obama and Secretary of State Hillary Clinton are climbing on the Burma bandwagon. Mr. Obama called Aung San Suu Kyi during his visit to Australia last week. Hillary Clinton is scheduled to visit next month.

Let us pray that the Obama Administration does better with nuclear weapons in Burma than it has done with nuclear weapons in North Korea and Iran.

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Soros Plots Museveni’s Coup

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Special Reports — 10 November 2011

George Soros, the American billionaire who is at the center of Uganda Oil scramble is plotting a coup in the Ugandan army.

Reports indicate that, Soros has since last year been pumping millions of dollars into the opposition to defeat Museveni.

However, sources say, after spending a lot of money on the Uganda opposition, which had assured him an outright win over Museveni in the March 2011 election, the loaded American has now changed tactics.

According to our sources, the High Command of UPDF is having sleepless nights after learning that the deadly American has penetrated the pinnacle of the military with a view of engineering a mutiny against the Commander-in-Chief and topples him from power.

“Most of this money is shipped into Uganda through a myriad of NGO’s and civil societies funded by the Open Society Institute owned by Soros,” a source said.

Soros who is in close working relationship with some pronounced opposition figures is trying to recruit UPDF officers to indoctrinate them on how they can execute the anti Museveni plot.

Reliable Sources confirmed that several senior army officers are frequently meeting Soros’ agents and diplomats for private conversations aimed at recruiting them to cause an implosion within the rank and file of UPDF.

The agents according to sources are usually meeting senior officers at places like Quality Cuts Restaurant in Nsambya, Common Wealth Resort Munyonyo,Lake Victoria Serena Hotel, Emin Pasha among others.

“The funded NGOs / civil society organizations have since realized that it will be impossible to remove Museveni from power if the UPDF is still loyal to him hence the plan to create turmoil within its rank and file,” Sources say.

The hugely funded NGOs/ Civil societies are also investigating any grievances some Men and officers of the UPDF could be having so that they may exploit them for enticement.

Those targeted include senior officers from Army, Intelligence Services and Police.

The funded NGO’s have also been profiling key senior officers to study  their strengths and weakness, sources added.

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More Details On American billionaire George Soros, Who Funds the Fall of Museveni

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27 October 2011
By Our Reporter

In our yesterday’s story, “NEW PLOT TO OVERTHROW MUSEVENI LEAKS”, we informed you of an American billionaire George Soros who reportedly has interests in Uganda’s oil and who funds civil society organizations and opposition parties to bring down President Museveni’s government.

We have now established more information on billionaire George Soros ;

Soros sits on the executive board of an influential “crisis management organization” that recently recommended the U.S. deploy a special advisory military team to Uganda to help with operations and run an intelligence platform, a recommendation Obama’s action seems to fulfill.

The president emeritus of that organization, the International Crisis Group, is also the principal author of “Responsibility to protect,” the military doctrine used by Obama to justify the U.S.-led NATO campaign in Libya.

Soros’ own Open Society Institute is one of only three nongovernmental funders of the Global Centre for Responsibility to Protect, a doctrine that has been cited many times by activists urging intervention in Uganda.

Authors and advisers of the Responsibility to Protect doctrine, including a center founded and led by Samantha Power, the National Security Council special adviser to Obama on human rights, also helped to found the International Criminal Court.

Several of the doctrine’s main founders also sit on boards with Soros, who is a major proponent of the doctrine.

Soros also maintains close ties to oil interests in Uganda. His organizations have been leading efforts purportedly to facilitate more transparency in Uganda’s oil industry, which is being tightly controlled by the country’s leadership.

Soros’ hand in Ugandan oil industry

Oil exploration began in Uganda’s northwestern Lake Albert basin nearly a decade ago, with initial strikes being made in 2006.

Uganda’s Energy Ministry estimates the country has over 2 billion barrels of oil, with some estimates going as high as 6 billion barrels. Production is set to begin in 2015, delayed from 2013 in part because the country has not put in place a regulatory framework for the oil industry.

A 2008 national oil and gas policy, proposed with aid from a Soros-funded group, was supposed to be a general road map for the handling and use of the oil. However, the policy’s recommendations have been largely ignored, with critics accusing Ugandan President Yoweri Museveni of corruption and of tightening his grip on the African country’s emerging oil sector.

Soros himself has been closely tied to oil and other interests in Uganda.

In 2008, the Soros-funded Revenue Watch Institute brought together stakeholders from Uganda and other East African countries to discuss critical governance issues, including the formation of what became Uganda’s national oil and gas policy.

Also in 2008, the Africa Institute for Energy Governance, a grantee of the Soros-funded Revenue Watch, helped established the Publish What You Pay Coalition of Uganda, or PWYP, which was purportedly launched to coordinate and streamline the efforts of the government in promoting transparency and accountability in the oil sector.

Also, a steering committee was formed for PWYP Uganda to develop an agenda for implementing the oil advocacy initiatives and a constitution to guide PWYP’s oil work.

PWYP has since 2006 hosted a number of training workshops in Uganda purportedly to promote contract transparency in Uganda’s oil sector.

PWYP is directly funded by Soros’ Open Society as well as the the Soros-funded Revenue Watch Institute. PWYP international is actually hosted by the Open Society Foundation in London.

The billionaire’s Open Society Institute, meanwhile, runs numerous offices in Uganda. It maintains a country manager in Uganda, as well as the Open Society Initiative for East Africa, which supports work in Kenya, Tanzania and Uganda.

The Open Society Institute runs a Ugandan Youth Action Fund, which states its mission is to “identify, inspire, and support small groups of dedicated young people who can mobilize and influence large numbers of their peers to promote open society ideals.”

Soros group: Send military advisors to Uganda

In April 2010 Soros’ International Crisis Group, or ICG, released a report sent to the White House and key lawmakers advising the U.S. military run special operations in Uganda to seek Kony’s capture.

The report states, “To the U.S. government: Deploy a team to the theatre of operations to run an intelligence platform that centralizes all operational information from the Ugandan and other armies, as well as the U.N. and civilian networks, and provides analysis to the Ugandans to better target military operations.”

Since 2008 the U.S. has been providing financial aid in the form of military equipment to Uganda and the other regional countries to fight Kony’s LRA, but Obama’s new deployment escalates the direct U.S. involvement.

Soros sits in the ICG’s executive board along with Samuel Berger, Bill Clinton’s former national security advisor; George J. Mitchell, former U.S. Senate Majority Leader who served as a Mideast envoy to both Obama and President Bush; and Javier Solana, a socialist activist who is NATO’s former secretary-general as well as the former foreign affairs minister of Spain.

Jimmy Carter’s national security advisor, Zbigniew Brzezinski, is the ICG’s senior advisor.

The ICG’s president emeritus is Gareth Evans, who, together with activist Ramesh Thakur, is the original founder of the Responsibility to protect doctrine, with the duo even coining the term “responsibility to protect.”

Both Evans and Thakur serve as advisory board members of the Global Center for the Responsibility to Protect, the main group pushing the doctrine.

As WND first exposed, Soros is a primary funder and key proponent of the Global Centre for Responsibility to Protect.

Soros’ Open Society is one of only three nongovernmental funders of the Global Centre for the Responsibility to Protect. Government sponsors include Australia, Belgium, Canada, the Netherlands, Norway, Rwanda and the U.K.

Samantha Power, Arafat deputy

Meanwhile, a closer look at the Soros-funded Global Center for the Responsibility to Protect is telling. Board members of the group include former U.N. Secretary-General Kofi Annan, former Ireland President Mary Robinson and South African activist Desmond Tutu. Robinson and Tutu have recently made solidarity visits to the Hamas-controlled Gaza Strip as members of a group called The Elders, which includes former President Jimmy Carter.

WND was also first to report the committee that devised the Responsibility to Protect doctrine included Arab League Secretary General Amre Moussa as well as Palestinian legislator Hanan Ashrawi, a staunch denier of the Holocaust who long served as the deputy of late Palestinian Liberation Organization leader Yasser Arafat.

Also, the Carr Center for Human Rights Policy has a seat on the advisory board of the 2001 commission that originally founded Responsibility to Protect. The commission is called the International Commission on Intervention and State Sovereignty. It invented the term “responsibility to protect” while defining its guidelines.

The Carr Center is a research center concerned with human rights located at the Kennedy School of Government at Harvard University.

Samantha Power, the National Security Council special adviser to Obama on human rights, was Carr’s founding executive director and headed the institute at the time it advised in the founding of Responsibility to Protect.

With Power’s center on the advisory board, the International Commission on Intervention and State Sovereignty first defined the Responsibility to protect doctrine.

Power reportedly heavily influenced Obama in consultations leading to the decision to bomb Libya, widely regarded as test of Responsibility to protect in action.

In his address to the nation in April explaining the NATO campaign in Libya, Obama cited the doctrine as the main justification for U.S. and international airstrikes against Libya.

Responsibility to Protect, or Responsibility to Act, as cited by Obama, is a set of principles, now backed by the United Nations, based on the idea that sovereignty is not a privilege, but a responsibility that can be revoked if a country is accused of “war crimes,” “genocide,” “crimes against humanity” or “ethnic cleansing.”

The term “war crimes” has at times been indiscriminately used by various United Nations-backed international bodies, including the International Criminal Court, or ICC, which applied it to Israeli anti-terror operations in the Gaza Strip. There has been fear the ICC could be used to prosecute U.S. troops who commit alleged “war crimes” overseas.

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New Plot To Overthrow Museveni Leaks

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26 October 2011
By Nicholas Mwesigwa

President Yoweri Museveni on Monday morning ordered security organs to investigate reports that Civil Society organisations in Uganda intend to bring down his government.

The President directed ISO and police to coordinate the investigation with the view of assessing the ‘motives and implications of a stepped up political activity of civil organisations during and after oil debate in Parliament.’

The spy chiefs will probe reports that civil organisations are colluding with opposition figures to bring government to disrepute in the eyes of the international community and isolate it.

“Find out their agenda. What do they want and why?” Museveni ordered before directing that suspected civil society members should be arrested and prosecuted.

Blacklisted civil society organisations include the Open Society Initiative for East Africa. It’s funded by American billionaire George Soros who reportedly has interests in Uganda’s oil. He is believed to have pressed US leader Barack Obama to send 100 troops to Uganda.

He also funds International Crisis Group, an organisation which prepared an alarming dossier of Joseph Kony’s atrocities in CAR and DRC. It urged Obama to send troops to Uganda to stabilise the region.

Another group backed by Soros here is from Publish What You Pay(PWYP), an organisation claiming to fight for transparency in the oil sector. It’s led by Dickens Kamugisha.

Democracy Deepening Programme is also being scrutinised for supporting FDC activities which have ended up violent.

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The son of Africa claims a continent’s crown jewels

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On 14 October, President Barack Obama announced he was sending United States special forces troops to Uganda to join the civil war there. In the next few months, U.S. combat troops will be sent to South Sudan, Congo and Central African Republic. They will only “engage” for “self-defense”, says Obama, satirically. With Libya secured, an American invasion of the African continent is under way.

Obama’s decision is described in the press as “highly unusual” and “surprising”, even “weird”. It is none of these things. It is the logic of American foreign policy since 1945. Take Vietnam. The priority was to halt the influence of China, an imperial rival, and “protect” Indonesia, which President Nixon called “the region’s richest hoard of natural resources …the greatest prize”. Vietnam merely got in the way; and the slaughter of more than three million Vietnamese and the devastation and poisoning of their land was the price of America achieving its goal. Like all America’s subsequent invasions, a trail of blood from Latin America to Afghanistan and Iraq, the rationale was usually “self defense” or “humanitarian”, words long emptied of their dictionary meaning.

In Africa, says Obama, the “humanitarian mission” is to assist the government of Uganda defeat the Lord’s resistance Army (LRA), which “has murdered, raped and kidnapped tens of thousands of men, women and children in central Africa”. This is an accurate description of the LRA, evoking multiple atrocities administered by the United States, such as the bloodbath in the 1960s following the CIA-arranged murder of Patrice Lumumba, the Congolese independence leader and first legally elected prime minister, and the CIA coup that installed Mobutu Sese Seko, regarded as Africa’s most venal tyrant.

Obama’s other justification also invites satire. This is the “national security of the United States”. The LRA has been doing its nasty work for 24 years, of minimal interest to the United States. Today, it has few than 400 fighters and has never been weaker. However, U.S. “national security” usually means buying a corrupt and thuggish regime that has something Washington wants. Uganda’s “president-for-life” Yoweri Museveni already receives the larger part of $45 million in U.S. military “aid” – including Obama’s favorite drones. This is his bribe to fight a proxy war against America’s latest phantom Islamic enemy, the rag-tag al Shabaab group based in Somalia. The RTA will play a public relations role, distracting western journalists with its perennial horror stories.

However, the main reason the U.S. is invading Africa is no different from that which ignited the Vietnam war. It is China. In the world of self-serving, institutionalized paranoia that justifies what General David Petraeus, the former U.S. commander and now CIA director, implies is a state of perpetual war, China is replacing al-Qaeda as the official American “threat”. When I interviewed Bryan Whitman, an assistant secretary of defense at the Pentagon last year, I asked him to describe the current danger to America. Struggling visibly, he repeated, “Asymmetric threats … asymmetric threats”. These justify the money-laundering state-sponsored arms conglomerates and the biggest military and war budget in history. With Osama bin Laden airbrushed, China takes the mantle.

Africa is China’s success story. Where the Americans bring drones and destabilization, the Chinese bring roads, bridges and dams. What they want is resources, especially fossil fuels. With Africa’s greatest oil reserves, Libya under Muammar Gaddafi was one of China’s most important sources of fuel. When the civil war broke out and NATO backed the “rebels” with a fabricated story about Gaddafi planning “genocide” in Benghazi, China evacuated its 30,000 workers in Libya. The subsequent UN security council resolution that allowed the west’s “humanitarian intervention” was explained succinctly in a proposal to the French government by the “rebel” National Transitional Council, disclosed last month in the newspaper Liberation, in which France was offered 35 per cent of Libya’s gross national oil production “in exchange” (the term used) for “total and permanent” French support for the NTC. Running up the Stars and Stripes in “liberated” Tripoli last month, U.S. ambassador Gene Cretz blurted out: “We know that oil is the jewel in the crown of Libyan natural resources!”

The de facto conquest of Libya by the U.S. and its imperial partners heralds a modern version of the “scramble for Africa” at the end of the 19th century.

Like the “victory” in Iraq, journalists have played a critical role in dividing Libyans into worthy and unworthy victims. A recent Guardian front page carried a photograph of a terrified “pro-Gaddafi” fighter and his wild-eyed captors who, says the caption, “celebrate”. According to General Petraeus, there is now a war “of perception … conducted continuously through the news media”.

For more than a decade the U.S. has tried to establish a command on the continent of Africa, AFRICOM, but has been rebuffed by governments, fearful of the regional tensions this would cause. Libya, and now Uganda, South Sudan and Congo, provide the main chance. As WikiLeaks cables and the U.S. National Strategy for Counter-terrorism reveal, American plans for Africa are part of a global design in which 60,000 special forces, including death squads, already operate in 75 countries, soon to be 120. As Dick Cheney pointed out in his 1990s “defense strategy” plan, America simply wishes to rule the world.

That this is now the gift of Barack Obama, the “Son of Africa”, is supremely ironic. Or is it? As Frantz Fanon explained in Black Skin, White Masks, what matters is not so much the color of your skin as the power you serve and the millions you betray.

John Pilger is an Australian journalist and documentary maker, based in London. He has twice won Britain’s Journalist of the Year Award, and his documentaries have received academy awards in Britain and the U.S.

by John Pilger

(WWW.Johnpilger.com)

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Follow the “MONEY”: Never been a better time to make Robin Hood Tax a reality

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By Roger James
Sep 29, 2011

“The Financial Transaction Tax (FTT) we propose will be banks’ contribution to a fair society,” said EU president José Manuel Barroso this week.

The EU Commission further noted that financial firms had played a role in the current “economic crisis” and was “under-taxed” compared with other sectors, also arguing that banks must make a “contribution” back to society after the €4.6 trillion of taxpayers’ money they have received in the last three years.

Earlier this year 1,000 economists urged G20 countries to accept a similar ‘Tobin tax’. France and Germany have been joined by Bill Gates alongside other leading financial actors, George Soros, Warren Buffet and the UK’s Lord Adair Turner who have stated their support for a tax on financial transactions which could raise billions for the fight against poverty and climate change.

Gates was asked by President Nicolas Sarkozy to come up with proposals for new forms of financing for development for this autumn’s meeting of the G20 meeting of the biggest twenty economies in Cannes in November.

The next few weeks leading up to the G20 are going to be critical in deciding whether an FTT is agreed and crucially whether the resources are earmarked for the fight against poverty at home and abroad and to tackle climate change.

EU Finance Ministers next week are expected to discuss the proposal as part of pre-G20 and EU summit discussions. Public and political support is building behind an EU-wide FTT before the EU Heads of State Summit on October 17 and 18 and for a global agreement before the French G20 Summit starting on November 3.

I was heartened to see it as the leading item on the 10pm news only to be followed by interviews with City of London representatives who decried the idea claiming that about 80% of the revenues of any Europe-wide financial tax would come from London.

The UK Government is currently opposed to the idea. The UK Treasury said it would “absolutely resist” any tax that was not introduced globally because it may drive business overseas. The International Monetary Fund (IMF) on the contrary, has clearly stated that FTTs exist in all the major financial sectors already, without driving business away.

The best example of this is the UK, where we have a stamp duty of 0.5% on all share transactions. The UK’s major competitors do not have this and there certainly is no global agreement, yet it is a successful FTT that raises around £5 billion pounds each year. It is designed so it can’t be avoided and London remains one of the biggest stock markets in the world.

The Robin Hood Tax Campaign, backed by 115 aid agencies (including Oxfam), green campaigners, trade unions and faith groups is campaigning for a tiny tax of about 0.05% on transactions like stocks, bonds, foreign currency and derivatives.

It has the potential to raise £250 billion a year globally. It will not affect retail banking, which includes savings and mortgages. It will instead introduce a micro-tax on short-term, casino-style trading which employs a small number of highly paid bankers in London, not the tens of thousands employed in high street financial services.

The world faces a dramatic economic crisis but alongside our concerns we must remember that the financial crisis has driven millions of people into poverty and put many more at risk, as the world’s poorest countries scramble to fill huge budget holes with dwindling help from richer nations. Poor people in the UK are also being hit hardest by cuts. Revenue from a Robin Hood Tax could go a long way to helping make the world a fairer place by helping tackle poverty and climate change, at home and abroad.

Oxfam and others do have concerns about the apparent EU proposals. While we welcome the fact that the FTT is moving from rhetoric to reality, a significant part of the revenues should be used as Bill Gates suggested, to help poor countries facing chilling reductions in aid, trade, and investment – not just shore up the EU budget. An FTT is not a ‘Robin Hood Tax’ unless clear commitments are made to use the revenues for tackling climate change and poverty at home and abroad

That is why huge public pressure is needed to convince the government it is more costly to ignore the people than to ignore the banks. Actor Bill Nighy has been a prominent public supporter. The UK campaign alone has a quarter of a million supporters, and there are sister campaigns across the globe. A recent EU poll of more than 27,000 people found that 61% of Europeans support FTT, including 65% of Britons.

If you are reading this article please give your support to this campaign at a critical time. Many MPs have declared they are supportive – contact your own and ask them to write to the UK Chancellor and to press their own party spokespeople to come out in support. Have a look at Robin Hood Tax site for all the low down. One fun thing to do is add your own (or friend’s) face to a RHT Video. It’s great!

If a tax is agreed, it’s crucial that a commitment is made that the resources will go towards tackling poverty and climate change – not into the general EU or national budgets. Otherwise it’s not a Robin Hood tax.

We have lots of support, both expert and popular, there has never been a better time or opportunity to make the Robin Hood Tax a reality!

Roger James is a campaigner at Oxfam South West in Bristol

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The US power grab in Africa

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By Pepe Escobar

Beware of strangers bearing gifts. Post-modern Amazon and United States Secretary of State Hillary Clinton finally landed in Tripoli – on a military jet – to lavish praise on the dodgy Transitional National Council (TNC), those pportunists/defectors/Islamists formerly known as “North Atlantic Treaty Organization rebels”.

Clinton was greeted on Tuesday “on the soil of free Libya” (her words) by what the New York Times quaintly described as an “irregular militia” (translation: a heavily armed gang that is already raising hell against other heavily armed gangs), before meeting TNC chairman Mustafa Abdel-NATO (formerly known as Jalil).

The bulk of the US gifts – US$40 million – on top of the $135 million already disbursed since February (most of it military “aid”) is for a missile scramble conducted by “contractors” (ie mercenaries) trying to track the tsunami of mobile anti-aircraft rockets that by now are already conveniently ensconced in secret Islamist warehouses.

Clinton told students at the University of Tripoli, “We are on your side.” She could not possibly connect the dots and note that the shabab (young people) who started demonstrating against Muammar Gaddafi in February have absolutely nothing to do with the TNC’s opportunists/defectors/Islamists who hijacked the protests. But she did have time to unveil another US foreign policy “secret” – that the US wants Gaddafi “dead or alive”, George W Bush-style (or as the beneficiary of targeted assassination, Barack Obama-style).

The new Fallujah
In her exhausting six-and-a-half hours on “free Libya” soil, Clinton couldn’t possibly find the time to hitch a helicopter ride to Sirte and see for herself how NATO is exercising R2P (“responsibility to protect” civilians).

A few hundred soldiers and no less than 80,000 civilians have been bombed for weeks by NATO and the former “rebels”. Only 20,000 civilians have managed to escape. There’s no food left. Water and electricity have been cut off. Hospitals are idle. The city – under siege – is in ruins. Sirte imams have issued a fatwa (decree) allowing survivors to eat cats and dogs.

What Gaddafi never did to Benghazi – and there’s no evidence he might have – the TNC is doing to Sirte, Gaddafi’s home town. Just like the murderous US offensive in Fallujah in the Iraqi Sunni triangle in late 2004, Sirte is being destroyed in order to “save it”. Sirte, the new Fallujah, is brought to you by NATO rebels. R2P, RIP.

It gets much nastier. Libya is just one angle of a multi-vector US strategy in Africa. Wacko presidential candidate Michelle Bachmann, during Tuesday’s Republican debate in Las Vegas, may have inadvertently nailed it. Displaying her geographical acumen as she referred to Obama’s new US intervention in Uganda, Bachmann said, “He put us in Libya. Now he’s putting us in Africa.” True, Libya is not in Africa anymore; as the counter-revolutionary House of Saud would want it, Libya has been relocated to Arabia (ideally as a restored monarchy).

As for Obama “putting us in Africa” (see Obama, King of Africa Asia Times Online, October 18, 2011), those 100 special forces in Uganda billed as “advisers” should be seen as a liquid modernity remix of Vietnam in the early 1960s; that also started with a bunch of “advisers” – and the rest is history.

Murderous mystic crackpot Joseph Kony’s Lord’s Resistance Army (LRA) is now a rag-tag bunch of no more than 400 warriors (they used to be over 2,000). They are on the run – and not even based in Uganda, but in South Sudan (now a Western protectorate), the Central African Republic and the long border with the Democratic Republic of Congo.

So why Uganda? Enter London-based Heritage Oil, and its chairman Tony Buckingham, a former – you guessed it – “contractor” (ie mercenary). Here’s Heritage’s modus operandi, described by Buckingham himself; they deploy “a first mover strategy of entering regions with vast hydrocarbon wealth where we have a strategic advantage”.

Translation: wherever there’s foreign invasion, civil war, total breakdown of social order, there are big bucks to be made. Thus Heritage’s presence in Iraq, Libya and Uganda.
Profiting from post-war fog, Heritage signed juicy deals in Iraqi Kurdistan behind the back of the central government in Baghdad. In Libya, Heritage bought a 51% stake in a local company called Sahara Oil Services; this means it’s now directly involved in operating oil and gas licenses. Pressed about it, TNC honchos have tried to change the conversation, alleging that nothing is approved yet.

What’s certain is that Heritage barged into Libya via a former SAS commando, John Holmes, founder of Erinys, one of the top mercenary outfits in Iraq apart from Xe Services, former Blackwater. Holmes cunningly shipped the right bottles of Johnnie Walker Blue Label to Benghazi for the right TNC crooks, seducing them with Heritage’s mercenary know-how of enforcing “oil field security”.

Got contractor, will travel
Obama’s Uganda surge is also a classic Pipelineistan gambit. The possibly “billions of barrels” of oil reserves discovered recently in sub-Saharan Africa are located in the sensitive cross-border of Uganda, South Sudan, the Central African Republic and the Democratic Republic of Congo.

Believe it or not, Heritage was the top oil company in Uganda up to 2009, drilling on Lake Albert – between Uganda and the Democratic Republic of Congo – and playing one country against another. Then they sold their license to Tullow Oil, essentially a spin-off, also owned by Buckingham, bagging $1.5 billion in the process and crucially not paying 30% of profits to Washington’s bastard, the government of Ugandan President Yoweri Museveni.

Enter Libya’s state oil company, Tamoil, which was part of a joint venture with the Ugandans to build a crucial oil pipeline to Kenya; Uganda is landlocked, and badly needs the pipeline when oil exports start next year. The NATO war on Libya paralyzed the Pipelineistan gambit. Now everything is open for business again. Tamoil may be out of the picture – but so may be other players.

Trying to sort out the mess, the parliament in Uganda – slightly before Obama’s announcement – decided to freeze all oil contracts, hitting France’s Total and the China National Offshore Oil Corporation, but especially Tullow oil.

But now, with Obama’s special forces “advising” not only Uganda but also the neighbors, and linking up with Heritage – which is essentially a huge oil/mercenary outfit – it’s not hard to fathom where Uganda’s oil contracts will eventually land.

The Amazon rules
Unified Protector, Odyssey Dawn and all other metaphors Homeric or otherwise for the Africom/NATO 40,000-plus bombing of Libya have yielded the desired result; the destruction of the Libyan state (and much of the country’s infrastructure, to the delight of disaster capitalism vultures). It also delivered the lethal unintended consequence of those anti-aircraft missiles appropriated by Islamists – a supremely convincing reason for the “war on terror” in northern Africa to become eternal.

Washington couldn’t care less about R2P; as the Libyan Clinton hop shows, the only thing that matters is the excuse to “securitize” Libya’s arsenal – the perfect cover story for US contractors and Anglo-French intel ops to take over Libyan military bases.

The iron rule is that “free” Libya should be under the control of the “liberators”. Tell that to the “irregular militias”, not to mention the Abdelhakim Belhaj gang and his al-Qaeda assets now in military control of Tripoli.

It’s useful to remember that last Friday, the same day the US State Department announced it was sending “contractors” to Libya, was the day Obama announced his Uganda surge. And only two days later, Kenya invaded Somalia – once again under the R2P excuse of protecting civilians from Somali jihadis and pirates.

The US adventure in Somalia looks increasingly like a mix of Sophocles and the Marx Brothers. First there was the Ethiopian invasion (it failed miserably). Then the thousands of Ugandan soldiers sent by Museveni to fight al-Shabaab (partially failed; after all the Washington-backed “government” barely controls a neighborhood in Mogadishu).

Now the Kenyan invasion. A measure of the Central Intelligence Agency’s brilliance is that operatives have been on the ground for months alongside bundles of mercenaries. Soon some counter-insurgency hotshot in Washington praying in the altar of new CIA head David Petraeus will conclude that the only solution is an army of MQ-9 Reapers to drone Somalia to death.

The big picture remains the Pentagon’s Africom spreading its militarized tentacles against the lure of Chinese soft power in Africa, which goes something like this: in exchange for oil and minerals, we build anything you want, and we don’t try to sell you “democracy for dummies”.

The Bush administration woke up to this “threat” a bit too late – at Africom’s birth in 2008. Under the Obama administration, the mood is total panic. For Petraeus, the only thing that matters is “the long war” on steroids – from boots on the ground to armies of drones; and who are the Pentagon, the White House and the State Department to disagree?

Italian geographer and political scientist Manlio Dinucci is one of the few to point out how neo-colonialism 2.0 works; one just needs to look at the map. In Central Africa, the objective is US military supremacy – on air and in intel – over Uganda, South Sudan, the Central African Republic and the Democratic Republic of Congo.

In Libya, the objective is to occupy an absolutely strategic crossroads between the Mediterranean, northern Africa and the Middle East, with the added (nostalgic?) benefit of the West – as in Paris, London and Washington – finally getting to hold military bases as when King Idris was in power (1951 to 1969). As a whole, control must be established over northern Africa, central Africa, eastern Africa and – more problematically – the Horn of Africa.

The trillion-dollar question ahead is how China – which plots strategic moves years in advance – is going to react. As for Amazon Clinton, she must be beaming. In Iraq, Washington meticulously destroyed a whole country over two long decades just to end up with nothing – not even a substantial oil contract. Clinton at least got a private army – the “advisers” who will be stationed in the bigger-than-the-Vatican US Embassy in Baghdad.
And considering that Obama’s new African “advisers” will be paid by the State Department, now Clinton’s also got her own African private army. After November 2012, Clinton might well consider a move into the contractor business. In the sacred name of R2P, naturally.

Pepe Escobar is the author of Globalistan: How the Globalized World is Dissolving into Liquid War (Nimble Books, 2007) and Red Zone Blues: a snapshot of Baghdad during the surge. His new book, just out, is Obama does Globalistan (Nimble Books, 2009).

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