The latest Council on Foreign Relations
Propaganda places the Economy at the "Top of the Agenda", indicating that "doubts about global economic growth" has caused Markets to Drop amid Fears of Global Slowdown. "Economists" predict high unemployment and lackluster growth in the United States and abroad.In the CFR's final analysis statement, they quote the New York Times as saying the "Fed's options now are more limited than they were three years ago, and the consequences of its actions potentially more dangerous."
I guess the CFR and the "Economists" woke up yesterday and realized the "danger" of the FED! These people never cease to amaze me. Please read the following CFR propaganda experpt:
Top of the Agenda: Markets Drop Amid Fears of Global SlowdownAccording to the following CFR propaganda, we better not end the war in Iraq. What will the military-industrial complex do to support itself? Do they really think the world's population is so stupid to believe that we should stay in Iraq to bolster the Iraqi military? Lebanon refuses U.S. aid. Way to go, Lebanon! What are we doing giving money to Lebanon, anyway? We're broke, aren't we?
Following steep declines (AP) Wednesday in U.S. and European equities, Asian stocks slid modestly on growing doubts about global economic growth. The Dow Jones industrial average slumped 265 points, moving back into the red for the year. Market drops followed a spate of developments signaling a slowing economy (NYT) in the United States and abroad. On Tuesday, Federal Reserve officials warned that the pace of recovery in the United States had slowed. U.S. trade data for June showed the largest gap since October 2008 at $49.9 billion (FT), indicating that the world's largest economy cannot rely on foreign trade to offset slowing. As stocks declined, investors rushed for safety in government debt like U.S. Treasury securities, driving benchmark market interest rates to their lowest levels in more than a year. Economists predict the U.S. economy may confront high unemployment (Bloomberg) and lackluster growth for some time.
Analysis
Investment manager John C. Michaelson looks at the U.S. Fed's policy of near zero interest rates and argues that lowering interest rates too much may not stimulate recovery (WSJ), but actually slow it.
Assessing the Fed's latest decision to use proceeds from its mortgage-bond portfolio to buy long-term Treasury securities, the New York Times says the Fed's options now are more limited than they were three years ago, and the consequences of its actions potentially more dangerous.
Background
Read the full text of Fed statement here.
MIDDLE EAST: Iraqi General Warns on U.S. Troop WithdrawalRemember, in The Latest CFR Propaganda (Part 1), the Pakistan Floods was at the "Top of the Agenda" at the CFR. Well, amidst new flood warnings the CFR continues to call for global intervention stating that "U.S. Special Representative for Afghanistan and Pakistan Richard C. Holbrooke said the international response to Pakistan's flood disaster has been inadequate so far."
Iraq's top army officer Lieutenant General Babaker Zebari warned against the planned U.S. troop withdrawal by the end of next year, saying the Iraqi military might not be ready (al-Jazeera) to take control for another decade. Meanwhile, Washington stressed Wednesday that the United States is on target (AP) to end combat operations by the end of this month and meet its deadline for removing all troops by the end of 2011.
Lebanon: Defense Minister Elias Murr said the country will reject U.S. military aid (DailyStar) should it come with conditions that weapons not be used against Israel. His comments followed a decision by the U.S. Congress to suspend $100 million in aid following last week's clash on the Lebanon-Israel border, which left two Lebanese soldiers, a senior Israeli army officer, and a Lebanese journalist dead.
For those of you who read Part 1 of The Latest CFR Propaganda knows that I questioned whether the floods in Pakistan and other "natural" disasters were deliberately caused by weather control technology (HAARP
) in an attempt to futher the Globalists call for Global Governance
. Look forward to more destruction coming your way!Concerning Afghanistan, CFR propagandists attempt to define success in the Afghan war theater while pointing out concerns about fairness in upcoming Afghan elections. Sounds to me like they want us to stay in Afghanistan, too. I guess, Iraq is not enough! Last, but certainly not least is the Pakistan Floods.
SOUTH ASIA: New Flood Warnings in PakistanRains in China hamper rescue efforts! Sound the alarm! Do we need to send the U.S. War Machine to China, as well. Oh, I forgot...that's a secret! Of course , we need to keep our eyes on Japan, as well.
Pakistan on Thursday issued new flood warnings (NYT) to several cities in Punjab and Sindh provinces that could last into the weekend. President Asif Ali Zardari flew to a hard-hit area on Thursday for a first look (Dawn) at the two-week crisis after criticism about trips abroad and his government's perceived slack response. In a new interview with CFR.org, U.S. Special Representative for Afghanistan and Pakistan Richard C. Holbrooke said the international response to Pakistan's flood disaster has been inadequate so far.
Afghanistan: Worsening insurgent violence in many parts of the country is raising concern (NYT) about Afghanistan's ability to hold a fair parliamentary election scheduled for September 18. In a recent CFR media call, Senior Fellow Stephen Biddle discussed how to define success in Afghanistan.
PACIFIC RIM: Rains Hamper China's Rescue EffortsLet's not forget Africa! We have dangerous resistance to the Government in Uganda and a dangerous "Government" in Rwanda! I know , let's send in the U.S. Military War Machine to "help"!
Heavy rain in northwest China is disrupting rescue efforts in Zhouqu County, which was hit by a landslide Sunday that killed more than 1,100 people. Hundreds more are still missing, with hopes of finding survivors fading (GlobalTimes). Meanwhile, as fears of disease outbreak rise, the state media reports that medical workers and specialists in epidemic prevention have been sent to the area.
Japan: Japan's finance minister warned against the yen's rise Thursday, threatening to take "appropriate action," an indirect reference to currency market intervention (WSJ). Yoshihiko Noda's remarks showed a heightened sense of caution among Japanese currency officials over the yen's recent rise to a fifteen-year high against the dollar.
AFRICA: Ugandan Rebels on 'Forced Recruitment Drive'The CFR Amercas highlights include the sentencing of an Al-Qaeda cook?!? by a U.S. Military tribunal (lol) and a bombing in Columbia (those darn Venezualans won't behave themselves).
Uganda's rebel Lord's Resistance Army is on a massive forced recruitment campaign (BBC) in central Africa, says Human Rights Watch in a new report. The watchdog group says the LRA, which has fought the Ugandan government since 1986, brutally abducted at least 697 adults and children over the past eighteen months.
Rwanda: Kigali was struck by a grenade attack (NYT) on Wednesday night, two days after President Paul Kagame was overwhelmingly reelected. The police said that three people had been arrested and twenty had been taken to a hospital.
AMERICAS: Former Al-Qaeda Cook SentencedLastly, we have Europe. Russia is misbehaving, again. I can't imagine why they might want to protect themselves against possible attacks.
A U.S. military jury recommended a fourteen-year sentence (AP) Wednesday for an al-Qaeda cook, but he could be released much sooner under a plea bargain that will limit the time he spends in prison. Sudanese-born Ibrahim Ahmed Mahmoud Qosi pleaded guilty last month to supporting terrorism, making him only the fourth detainee at the U.S. military prison at Guantanamo Bay to be convicted since the facility opened in 2002.
Colombia: A suspected car bomb exploded (Reuters) in the north of capital Bogota near a main radio station on Thursday, slightly injuring four people and blowing out windows in nearby buildings.
Lastly, we have Europe. Russia is misbehaving, again. I can't imagine why they might want to protect themselves against possible attacks.
Greece: This is my favorite one. The CFR blames Greece for sparking a Europe-wide debt crisis. Let me get this right...Greece, not the IMF or theWorld Bank, or the Federal Reserve caused the DEBT CRISIS!?!?!? I give up! It's time to Wake Up! You too, can join the "Global Political Awakening"!!!!
EUROPE: Russia Deploys Missiles in Abkhazia
Russia announced Wednesday that it had deployed (RFE/RL) an advanced surface-to-air missile system in Georgian enclave Abkhazia, to provide antiaircraft defense for Abkhazia and South Ossetia, another rebel Georgian region. Moscow recognized the two as independent states after a brief war with Georgia in 2008. Georgian officials condemned the move, calling it a violation of the peace agreement drawn up at the end of the conflict.
Greece: The Greek economy shrank by 1.5 percent (Telegraph) in the second quarter, and the unemployment rate jumped to 12 percent, pointing to a deepening recession as the country battles a debt crisis. Greece's GDP has fallen 3.5 percent in a year, and the country has been forced to make severe public spending cuts since it sparked a Europe-wide debt crisis earlier this year.
RESOURCES:
Truth Lies: Treason In America (The Council On Foreign Relations)
Web of Debt: The Shocking Truth About Our Money System and How We Can Break Free
The Shadows of Power: The Council on Foreign Relations and the American Decline
Imperial Brain Trust: The Council on Foreign Relations and United States Foreign Policy
Dissolving Dollars: Exposing The Debt-Based Insanity Behind Modern Money (2Nd Edition)
OBAMANIA: The New Puppet and his Masters
Who's Who of the Elite : Members of the Bilderbergs, Council on Foreign Relations, & Trilateral Commission
The True Story of the Bilderberg Group
Sovereign Wealth and Sovereign Power (Council on Foreign Relations)
The Creature from Jekyll Island: A Second Look at the Federal Reserve
David Rockefeller, Council on Foreign Relations and Bilderberg Group by Heinz Duthel (1)
