Nobel Peace Prize Goes to European Union (Not a Joke)

I thought the Nobel Prize committee couldn’t top their 2009 peace prize, awarded to Barry the Bomber, for choosing the profession of droning Middle Eastern children into eternal peace.

But they doubled down indeed. May I present this year’s winner: TaDaaa, a non existing mental fiction called the European Union.

Yes, come into the spotlight dear Ms. Union, don’t be shy. Tell us all about how you’ve been bringing peace to the streets of Madrid, Athens, and London.

And while you’re at it, do elaborate on the successes of some of the world’s most prolific top 10 arms dealing governments, namely your own Germany, France, UK, Italy, and Sweden, proudly delivering to governments in some of the world’s bloodiest basket cases all over Africa and the Middle East.

Go ahead … we’re ALL EARS!

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The Obama Administration’s Drone Strikes aka MASS CHILD MURDER

War is a racket, always and everywhere, and its ugly symptoms have to be pointed out as often as possible.

What I find most instructive about the videos above is not only the cruel maiming and murder of innocent children, but more importantly way in which Barack Obama in particular jokes and boasts himself over the drone strikes that he has ordered.

When the pendulum of these debt and tax financed imperialistic overreaches swings back (which it will), history will not remember today’s venerated megalomaniacal mass murderers kindly.

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Does Iran’s President Want to Wipe Israel off the Map or Deny the Holocaust?

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What’s Behind the West’s Involvement in Lybia?

Some food for thought regarding Lybia (a friend forwarded several articles to me):

First off, I believe it’s quite curious that the IMF was so quick to recognize the TNC as Lybian government:

International Monetary Fund (IMF) today recognised the rebel’s National Transitional Council (NTC) as the legitimate government of Libya, assuring the war ravaged country of rapid and sustainable economic recovery.

“I am happy to report that reflecting the views of the international community, the IMF will deal with the NTC as the government of Libya,” IMF Managing Director Christine Lagarde said.

“In this context, the Fund stands ready to help the authorities through technical assistance, policy advice, and financial support if requested, as they begin to rebuild Libya’s economy,” she said.

… it certainly helps motivate “rebel” leaders to seize power when they are given the ability to request massive financial aid, pay it out to themselves and their cronies, and kindly pass the bill on to the country’s future taxpayers, in short … the IMF’s modus operandi.

In March BBC already reported:

Libya has declared gold reserves worth more than $6bn at current prices, thought to be held largely at home.

The reserves are substantial, ranking in the global top 25, according to International Monetary Fund (IMF) data.

… since then gold has risen by about 30%, so those total reserves would now be closer to $8bn, if the reports are accurate.

And Asia Times Online asks Libya all about oil, or central banking?:


I have never before heard of a central bank being created in just a matter of weeks out of a popular uprising. This suggests we have a bit more than a rag tag bunch of rebels running around and that there are some pretty sophisticated influences.


Another provocative bit of data circulating on the Net is a 2007 “Democracy Now” interview of US General Wesley Clark (Ret). In it he says that about 10 days after September 11, 2001, he was told by a general that the decision had been made to go to war with Iraq. Clark was surprised and asked why. “I don’t know!” was the response. “I guess they don’t know what else to do!” Later, the same general said they planned to take out seven countries in five years: Iraq, Syria, Lebanon, Libya, Somalia, Sudan, and Iran.

What do these seven countries have in common? In the context of banking, one that sticks out is that none of them is listed among the 56 member banks of the Bank for International Settlements (BIS). That evidently puts them outside the long regulatory arm of the central bankers’ central bank in Switzerland.

The most renegade of the lot could be Libya and Iraq, the two that have actually been attacked. Kenneth Schortgen Jr, writing on, noted that “[s]ix months before the US moved into Iraq to take down Saddam Hussein, the oil nation had made the move to accept euros instead of dollars for oil, and this became a threat to the global dominance of the dollar as the reserve currency, and its dominion as the petrodollar.”

According to a Russian article titled “Bombing of Libya – Punishment for Ghaddafi for His Attempt to Refuse US Dollar”, Gaddafi made a similarly bold move: he initiated a movement to refuse the dollar and the euro, and called on Arab and African nations to use a new currency instead, the gold dinar. Gaddafi suggested establishing a united African continent, with its 200 million people using this single currency.

During the past year, the idea was approved by many Arab countries and most African countries. The only opponents were the Republic of South Africa and the head of the League of Arab States. The initiative was viewed negatively by the USA and the European Union, with French President Nicolas Sarkozy calling Libya a threat to the financial security of mankind; but Gaddafi was not swayed and continued his push for the creation of a united Africa.


So is this new war all about oil or all about banking? Maybe both – and water as well. With energy, water, and ample credit to develop the infrastructure to access them, a nation can be free of the grip of foreign creditors. And that may be the real threat of Libya: it could show the world what is possible.

Most countries don’t have oil, but new technologies are being developed that could make non-oil-producing nations energy-independent, particularly if infrastructure costs are halved by borrowing from the nation’s own publicly owned bank. Energy independence would free governments from the web of the international bankers, and of the need to shift production from domestic to foreign markets to service the loans.

If the Gaddafi government goes down, it will be interesting to watch whether the new central bank joins the BIS, whether the nationalized oil industry gets sold off to investors, and whether education and healthcare continue to be free.

Of course health care is never free, so just ignore that nonsensical statement. The article also makes some, in my opinion, very questionable analyses about monetary policy and central banking which I am sparing you in the excerpts above. But that doesn’t mean it doesn’t provide a lot of interesting journalistic insights into what may be going on behind the scenes in this project.

As my friend who sent me these articles pointed out: Let’s see how long it’ll take until we hear stories about Lybian assets missing.

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US Sends Billions in War Equipment to Kabul – Neither Country Can Afford It

Another example of the staggering degree to which western governments are literally dumping armaments into countries that simply can’t afford them:

In an attempt to hide the Afghan government’s military dependency on the United States, the US is sending $2.7 billion of military equipment to the beleaguered, corrupt Afghan government. But neither government can afford it.

Preceding the NATO pull out in 2014, the shipments will include 22,000 US vehicles, 20 Russian helicopters, 120mm artillery guns, and transport aircraft from Italy. It will not include tanks, fighter jets, or Black Hawk helicopters, despite Afghan requests.

Estimates of NATO expenditures on Afghanistan’s security infrastructure are expected to be $11 billion by 2014, and $10 billion for military hardware. It takes approximately $6 billion a year – more than three times the Kabul government’s annual income – to sustain these assets. And the US is unprepared to cover that cost.

The US is finding itself pressured in its attempt to cut costs due to budgetary deficits, while also beefing up Afghan security forces to at least feign some measure of ready independence. A recent congressional report uncovering tens of billions of dollars of waste in Afghanistan warned the losses could continue to accrue if the Afghan is unable or unwilling to sustain US-funded projects after withdrawal.

I’ve said it before. War is a racket, always and everywhere.

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