Russia has moved more ships into the Mediterranean and China has ships on their way. The US is compiling any evidence they have to prove that Assad used chemical weapons. The UN has not finished compiling the evidence so the results are not in. The US job numbers came out and unemployment was reduced by 1%. The President indicated at the G20 that the FED will begin tapering, the central banks of central banks are saying to taper. Congress comes back into session on Sept 9th. The people of America are saying no to war, will Congress listen.
Please check the Sentinel Alerts for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse.
- Official data shows Spain’s industrial output has fallen for the 23rd consecutive month as domestic demand crumbled in a job-wrecking recession.
- Spain’s National Statistics Institute presented the data on Friday, revealing that the country’s factories and utilities reduced production by 1.4 percent year-on-year in July.
- This follows another 2.2 percent drop in output on an annual basis in June.
- The institute also revealed that the production of durable consumer goods such as cars and home appliances plunged 10.5 percent. Analysts see the large drop as a worrying sign for the economy.
- Another report by the institute on August 27 showed that the country’s recession is far worse than predicted, as the country’s economy shrank in 2012 by 1.6 percent, which was 0.2 percent more than expected.
- Spain, which is the eurozone’s fourth-largest economy, is struggling to come out in this quarter from a two-year recession, which has affected millions of jobs and increased national debt.
- The deep recession has driven the country’s unemployment rate to a record high of 27 percent in May. Official figures show that the total number of unemployed people has passed the five million mark.
- Among those aged 16 to 24, the jobless rate stands at a staggering 55 percent, which has led many jobless youths to move to other countries in search of work.
- Furthermore, the United Nations Children’s Fund (UNICEF) recently said the high unemployment rate and economic slump have caused an increase in the number of children living below poverty line in Spain.
- Battered by the global financial downturn, the Spanish economy collapsed into recession in the second half of 2008.
- The Spanish government has also been sharply criticized over its austerity measures that are hitting the middle and working classes the hardest.
- Prime Minister Mahmohan Singh said earlier that imports of gold and crude oil in considerable quantities were exerting a deplorable effect on the trade balance deficit. He indicated that the government was pondering a possible reduction of purchases abroad by increasing purchases of gold inside the country.
- In particular, it might buy gold from temples, he said. Officials on the cabinet of ministers deny the presence of any plans to buy out temple gold at the moment.
- Hindu temples located in India’s southern states have huge resources of gold dating back to ancient times, since the southern of the Hindustan Peninsula was never trampled on by the troops of Muslim invaders. Also, believers continue making handsome donations.
- For instance, sources say that in the Tirumala Venkatershwara temple in Andhra Pradesh the accumulated reserves of gold grow by up to a hundred kilograms a month and reserves of silver – by about 120 kilograms.
- In July 2011, jewelry and items of antiquity amounting to $15 billion were found in Padmanbhaswami shrine in the state of Kerala. Experts say Hindu locals and religious organizations possess over 20,000 tons of gold.
- While the world was glued to the developments in the Mediterranean in the past week, Poland took a page straight out of Rahm Emanuel’s playbook and in order to not let a crisis go to waste, announced quietly that it would transfer to the state – i.e., confiscate – the bulk of assets owned by the country’s private pension funds (many of them owned by such foreign firms as PIMCO parent Allianz, AXA, Generali, ING and Aviva), without offering any compensation. In effect, the state just nationalized roughly half of the private sector pension fund assets, although it had a more politically correct name for it: pension overhaul.
- By way of background, Poland has a hybrid pension system: as Reuters explains, mandatory contributions are made into both the state pension vehicle, known as ZUS, and the private funds, which are collectively known by the Polish acronym OFE. Bonds make up roughly half the private funds’ portfolios, with the rest company stocks.
- And while a change to state-pension funds was long awaited – an overhaul if you will – nobody expected that this would entail a literal pillage of private sector assets.
- On Wednesday, Prime Minister Donald Tusk said private funds within the state-guaranteed system would have their bond holdings transferred to a state pension vehicle, but keep their equity holdings. The funds would effectively be left with only the equities portions of their assets, even this would be depleted, and there will be uncertainty about the number of new savers joining.
- But why is Poland engaging in behavior that will ultimately be disastrous to future capital allocation in non-public pension funds (the type that can at least on paper generate some returns as opposed to “public” funds which are guaranteed to lose)? After all, this is a last ditch step which no rational person would engage in unless there were no other option. Simple: there were no other option, and the driver is the same reason the world everywhere else is broke too – too much debt.
- By shifting some assets from the private funds into ZUS, the government can book those assets on the state balance sheet to offset public debt, giving it more scope to borrow and spend. Finance Minister Jacek Rostowski said the changes will reduce public debt by about eight percent of GDP. This in turn, he said, would allow the lowering of two thresholds that deter the government from allowing debt to raise over 50 percent, and then 55 percent, of GDP. Public debt last year stood at 52.7 percent of GDP, according to the government’s own calculations.
- To summarize:
- Government has too much debt to issue more debt
- Government nationalizes private pension funds making their debt holdings an “asset” and commingles with other public assets
- New confiscated assets net out sovereign debt liability, lowering the debt/GDP ratio
- Debt/GDP drops below threshold, government can issue more sovereign debt
- And of course, once Poland borrows like a drunken sailor using the new window of opportunity, and maxes out its new and improved limits, it will have no choice but to confiscate more assets, and to make its balance sheet appear better, until one day, there is nothing left in the private sector to confiscate. At that point the limit itself will have to be legislated away, and Poland will simply continue borrowing until one day there are no foreign lenders willing to take the same risk as the nation’s private pensioners. At that point, Poland, which is in the EU but still has the Zloty, can just go ahead and monetize its own debt by printing unlimited amounts of its currency.
- Of course, we all know how that story ends.
- The response to the confiscation was, naturally, one of shock:
- The reform is “a decimation of the …(private pension fund) system to open up fiscal space for an easier life now for the government,” said Peter Attard Montalto of Nomura. “The government has an odd definition of private property given it claims this is not nationalisation.”
- “This is worse than many on the markets had feared,” a manager at one of the leading pension funds, who asked not to be identified, told Reuters.
- “The devil is in the detail and we don’t yet know a lot about the mechanism of these changes, what benchmarks will be use to evaluate our performance… (It) looks like pension funds will lose a lot of flexibility in what they can invest.”
- Catastrophic consequences for fund flows aside, the Polish prime minister had a prompt canned response:
- Tusk said people joining the pension system in the future would not be obliged to pay into the private part of the system. Depending on the finer points, this could mean still fewer assets in the private funds.
- “The (current) system has turned out to be built in part on rising public debt and turned out to be a very costly system,” Tusk told a news conference.
- “We believe that, apart from the positive consequence of this decision for public debt, pensions will also be safer.”
- You see, he is from the government, and he is confiscating the pensions to make them safer. Confiscation is Safety and all that…
- Polish officials have tried to reassure investors, saying the overhaul avoids the more radical options of taking both bond and equity assets away from the private funds outright.
- They say the old system effectively made Polish public debt appear higher than it really is.
- Well, once you nationalize private assets, the public debt will lindeed appear lower than it was before confiscation: we give them that much.
- End result: “The Polish pension funds’ organisation said the changes may beunconstitutional because the government is taking private assets away from them without offering any compensation…. This may lead to the private pension systems shutting down,” said Rafal Benecki of ING Bank Slaski.“
- Unconstitutional? What’s that. But whatever it is, it’s ok – after all the publicpension system is still around. At least until that too is plundered. But in the meantime, all such pensions will be “safer”, guaranteed.
- But best of all, in the aftermath of Cyprus, we now know what the two most recent European blueprints for preserving the myth of solvency are: bail-ins, which confiscate deposits, and pension fund “overhauls”, which confiscate, well, pension funds.
- And now, back to the global recovery soap opera.
- THE Government is looking for a €10bn overdraft from the troika when the country leaves the bailout at the end of the year.
- The plan is to never have to use the cash, but the sum involved would be enough to cover all of next year’s expected shortfall in government spending in the event of some unforeseen crisis.
- Finance Minister Michael Noonanrevealed the amount yesterday and said the details would be thrashed out with officials from the European Union, European Central Bank andIMF after the Budget.
- It comes as Fine Gael and Labour remain divided on the scale of the tax hikes and cutbacks needed, with just five weeks to go to Budget day.
- As the Cabinet met yesterday for the first time since the summer break, Labour stuck to its demands to keep the cuts below the €3.1bn agreed with the troika – but Fine Gael is warning against any substantial easing off.
- Fine Gael is concerned that any reduction in savings could harm our reputation in the markets – and damage our chances of successfully exiting the bailout.
- The €10bn facility will serve as an ‘insurance policy’ in case an unforeseen international crisis drives up borrowing costs. It would help bridge the move from bailout to being fully funded on the markets.
- No other country in Europe has applied for the facility from the continent’s bailout pot, the €500bn European Stability Mechanism (ESM).
- As frequent readers know, for the past three years we have compiled data looking at the US unemployment rate assuming a realistic labor force participation rate, which is the trendline average of the past three decades, or in the mid-65% area. Using such an approach allows us to estimate what the true unemployment (U3, not U6 underemployment) rate is. We can report that as a result of the latest monthly collapse in the labor force whose only purpose was to lower the unemployment rate from 7.4% to 7.3%, the actual implied unemployment rate just rose from 11.2% to 11.4%.
- This can be seen on the chart below. Also can be seen that the spread between the reported manipulated unemployment rate and the real rate accounting for a realistic labor force participation, just hit a record high 4.1%. In other words, unemployment data manipulation by the BLS was never been greater in the history of the US than in the past month.
- Perhaps most ironic is that last month’s massive jobs revision was as we predicted based on the JOLTS breakdown of data, which showed that the Establishment survey was persistently overestimating what the underlying situation is. We said:
- This means that either the JOLTS survey is substantially underrepresenting the net turnover of workers, or that once the part-time frenzy in the NFP data normalizes, the monthly job gains will plunge to just over 100K per month to “normalize” for what has been a very peculiar upward “drift” in the NFP “data.”
- While we already have the quantiative components of today’s jobs number (horrendous), here is the qualitative breakdown. For the time constrained readers we will jump to the conclusion: absolutely abysmal, to a degree perhaps not seen in years.
- Of the 169K jobs added, the vast majority, some 144K or 85% of the entire August gain, consisted of the lowest paying jobs possible:
- +44K jobs added in Retail Trade
- +43K added in Education and Health
- +27K added in Leisure and Hospitality
- +17K added in Government (looks like sequester effect has finally “tapered”)
- +13K added in Temp Help services
- But at least they are full-time “lowest paying jobs” possible. If there was one silver lining in today’s jobs report it is that Full Time jobs added finally surpassed the Part-Time jobs, which actually declined.
- Elsewhere, for those still confused by the Beige Book’s idiotic proclamation that there are construction worker shortages, don’t tell the BLS: the number of jobs added in the Construction secotr: 0. Narrowing it down to just construction jobs of residential buildings, the number was down 3.9K. So much for that lie.
- As for the two highest paying job categories: Financial Services and Information? -5,000 and -18,000 respectively.
- The sky is no longer the limit for US drone warfare, with secret military research agency DARPA considering a conquest of the seven seas with an underwater drone carrier.
- America’s Defense Advanced Research Projects Agency (DARPA) recently held a presentation of its new Hydra unmanned underwater drone carrier project at John’s Hopkins University Applied Physics Laboratory. ‘Proposer’s Day’ was set to beef up interest from defense contractors.
- “The Hydra program will develop and demonstrate an unmanned undersea system, providing a novel delivery mechanism for insertion of unmanned air and underwater vehicles into operational environments,” says the Hydra Proposers’ Day website.
- In order to tout military contractors, DARPA’s Tactical Technology Office (TTO) envisages that their Hydra unmanned submarine carrier would use “modular payloads within a standardized enclosure to enable scalable, cost-effective deployment of rapid response assets.”
- Hydra network is expected to be capable of deploying both the unmanned underwater vehicles (UUVs) and ‘conventional’ unmanned aircraft (UAVs), notably all of that remaining submerged. Also DARPA engineers consider developing for the submersible a special capsule for stealth underwater transportation of troops.
- “The rising number of ungoverned states, piracy, and proliferation of sophisticated defenses severely stretches current resources and impacts the nation’s ability to conduct special operations and contingency missions,” DARPA’s proposal paper maintains.
- In broader terms, the Hydra project implies building an underwater drone fleet to ensure surveillance, logistics and offensive capabilities at any given time globally, throughout the world’s oceans, including shallow waters and probably any river deltas or systems.
- “The climate of budget austerity runs up against an uncertain security environment,” said Hydra program manager Scott Littlefield in a media release. “An unmanned technology infrastructure staged below the ocean’s surface could relieve some of that resource strain and expand military capabilities in this increasingly challenging space.”
- DARPA’s gadget gurus believe they’ll have a functional demo of an underwater Hydra drone network by 2018, in case they find sufficient funding.
- This all sounds sci-fi, yet drones deploying drones could be the future of unmanned warfare. Concurrently with the Hydra project, DARPA is developing a similar program with Lockheed Martin aimed at developing unmanned vehicles and drones to supply troops by air and land.
- Last January DARPA also announced another program exploring an upward falling payloads (UFPs) concept, implying storage of necessary supplies on seabed in waterproof containers. Yet the UFP and Hydra are two separate projects, a DARPA spokesman stressed.
- “The basic difference is that UFP involves systems deployed at the bottom of the deep sea for years at a time, while Hydra plans for modules in shallower water that are submerged for weeks or months at a time,” he explained the difference on request from InformationWeek.
- The Hydra platform might also be in demand in case of natural disasters, as drones could deliver emergency equipment close to coastline of the affected areas.
- “Hydra will integrate existing and emerging technologies in new ways to create an alternate means of delivering a variety of payloads close to the point of use,” informs DARPA, which eyes the not-so-remote future primarily through the prism of military application of innovative technology.
- With all the technological ambitions in hand, DARPA may soon be seen setting Guillermo del Toro’s movie ‘Pacific Rim’ as benchmark. In any case, surfers in, say, 2020, will have to act with discretion. Who knows what will be watching them from underneath.
“Military action would have a negative impact on the global economy, especially on the oil price – it will cause a hike in the oil price,” China’s vice finance minister, Zhu Guangyao, said at a pre-G20 briefing in St. Petersburg.
- Between the two of them, this much: $1,414 billion, or 25% of all foreign held US Treasury paper.
- Now the question is – if the military escalation begins, would one or both dump without regard for price, crush the carefully manicured rate-driven recovery, and punch the ultimate decision-maker behind the Syrian war, the Federal Reserve and the banker uberclass, where it really hurts?
- For the first time ever, the Chinese yuan is one of the world’s ten most frequently traded currencies, according to a Bank of International Settlements (BIS) survey.
- The currency ranked ninth on the bank’s top-ten list, jumping eight places from the seventeen spot it held when the survey was last conducted three years ago.
- BIS attributes the move to the rapid growth of offshore yuan trading, which boosted the currency’s daily turnover by three-and-a-half times since the last survey to $120 billion.
- (Read more: Yuan as global currency? Many firms don’t see benefits)
- “The role of the renminbi in global FX trading surged, in line with increased efforts to internationalize the Chinese currency,” the BIS said.
- However, slow progress in Beijing’s financial reforms has sparked doubts about the yuan’s increasing popularity.
- For over three years, China’s financial market reform has been focused on the liberalization of its capital account and increasing the yuan’s convertibility but, as analysts from Societe Generale point out in a report, “change has been slow on the domestic front and this has at least partially been responsible for the disorderly development of the shadow banking system.”
- “Consequently, the domestic financial system has become more fragile, which in turn presents a key obstacle to further capital account liberalization,” they added.
- For the record, Beijing has been ramping up its efforts to free up cross-border capital flows. Late Thursday, the People’s Bank of China announced that they may speed up the loosening of controls on investment flows in and out of the mainland, the nation’s most recent step towards a convertible yuan.
- “There’s clearly been a very active policy by authorities to push the internationalization and it is bearing fruit, but at the same time, we’re not going to see renminbi traded directly against the Venezuelan bolivar in the next couple of weeks. It’s more about a gradual shift; it’s a glacier moving rather than a snowball being thrown,” said HSBC’s forex strategist Dominic Bunning.
- (Read more: Forget China Leaders—WatchThis Man for Reforms)
- But is financial reform really the top priority for traders?
- “Our customer base (fund managers and commodity trading advisors) is always looking for liquid products to add to the mix so if you can get any currency pair that has liquidity, transparency and some volatility, they are happy to add it,” said George Dowd, Senior Director at Newedge.
- The BIS survey underscored the growing role of emerging market currencies; the Mexican pesore-entered the top-ten list in the eighth position, which, along with the yuan, displaced theSwedish krona and the Hong Kong dollar. The U.S. dollar remained at the top of the pack, while the euro ranked second.
- The report also showed continued growth for the foreign exchange market, with average daily turnover reaching $5.3 trillion, an increase of about 35 percent from 2010′s $4 trillion figure.
- A draft resolution floated by two senators would give Syrian President Bashar Assad 45 days to sign an international chemical-weapons ban or face “all elements” of the U.S. military’s power.
- Crafted by Democratic Sens. Joe Manchin of West Virginia and Heidi Heitkamp of North Dakota, the measure is designed as an alternative to a use-of-force resolution authorizing immediate military strikes to degrade Assad’s war capabilities, Politico reports.
- The use-of-force resolution passed the Senate Foreign Relations Committee on Wednesday by a vote of 10-7, with Massachusetts Democrat Ed Markey voting “present.”
- The vote showed the deep divisions among lawmakers who are reluctant to use American military force in Syria but want to do something in retaliation for Assad’s reported use of chemical weapons against his own people. The House is expected to consider a similar use-of-force resolution next week when it returns from the August recess.
- The Manchin-Heitkamp proposal would require the Obama administration to build more international and congressional support before military action is taken, something that many lawmakers have called for.
- “The failure by the government of Bashar al-Assad to sign and comply with the [Chemical Weapons] Convention clearly demonstrates a disregard of international norms on the use of chemical weapons,” the draft proposal reads, Politico reported late Thursday.
- “If the Government of Syria does not sign the Convention within 45 [days] after the date of the enactment of this resolution, all elements of national power will be considered by the United States government.”
- The resolution also calls for Obama to submit to Congress a long-term strategy for dealing with Syria and in the meantime maximize all diplomatic avenues with the international community to stop the proliferation and use of Assad’s chemical weapons.
- A spokesman for Heitkamp described the resolution as “a work in progress” intended to address “the very complex situation in Syria.”
- After a briefing on Syria, Sen. Dianne Feinstein said that a DVD containing evidence of victims subjected to chemical weapons attacks will be sent to every senator and possibly members of the House.
- Sen. Dianne Feinstein said that a DVD created at her request by the CIA containing evidence of chemical weapons strikes in Syria will be sent to every Senator and possibly members of the House.
- According to Feinstein, the DVD will show images of victims of the attacks and provide context about why it is believed chemical weapons were used. She said recipients of the DVD would be able to go through the images “at their leisure.”
- The Senate Intelligence Committee, which Feinstein chairs, watched the DVD at a closed-door meeting Thursday morning.
- “It’s horrendous,” she said in a press briefing following the meeting.
- Feinstein said she saw evidence that the regime used chemical weapons between 11 and 14 times before, though on a smaller scale than the Aug. 21 massacre outside Demascus. She said it looked like the smaller instances were test runs leading up to the big attack.
- Though Feinstein has said she will vote to use military force in Syria, she wouldn’t confirm if she was actively trying to convince Senators who are still on the fence to join her.
- “They can certainly be undecided up to the vote, but you know there is a moment of truth in all of this,” she said.
- President Obama has directed the Pentagon to develop an expanded list of potential targets in Syria in response to intelligence suggesting that the government of President Bashar al-Assad has been moving troops and equipment used to employ chemical weapons while Congress debates whether to authorize military action.
- Mr. Obama, officials said, is now determined to put more emphasis on the “degrade” part of what the administration has said is the goal of a military strike against Syria — to “deter and degrade” Mr. Assad’s ability to use chemical weapons. That means expanding beyond the 50 or so major sites that were part of the original target list developed with French forces before Mr. Obama delayed action on Saturday to seek Congressional approval of his plan.
- For the first time, the administration is talking about using American and French aircraft to conduct strikes on specific targets, in addition to ship-launched Tomahawk cruise missiles. There is a renewed push to get other NATO forces involved.
- The strikes would be aimed not at the chemical stockpiles themselves — risking a potential catastrophe — but rather the military units that have stored and prepared the chemical weapons and carried the attacks against Syrian rebels, as well as the headquarters overseeing the effort, and the rockets and artillery that have launched the attacks, military officials said Thursday.
- Gen. Martin E. Dempsey, the chairman of the Joint Chiefs of Staff, has said that other targets would include equipment that Syria uses to protect the chemicals — air defenses, long-range missiles and rockets, which can also deliver the weapons.
- Mr. Obama’s instructions come as most members of Congress who are even willing to consider voting in favor of a military response to a chemical attack are insisting on strict limits on the duration and type of the strikes carried out by the United States, while a small number of Republicans are telling the White House that the current plans are not muscular enough to destabilize the Assad government.
- Senior officials are aware of the competing imperatives they now confront — that to win even the fight on Capitol Hill, they will have to accept restrictions on the military response, and in order to make the strike meaningful they must expand its scope.
- “They are being pulled in two different directions,” a senior foreign official involved in the discussions said Thursday. “The worst outcome would be to come out of this bruising battle with Congress and conduct a military action that made little difference.”
- Officials cautioned that the options for an increased American strike would still be limited — “think incremental increase, not exponential,” said one official — but would be intended to inflict significant damage on the Syrian military.
- It was a measure of the White House’s concern about obtaining Congressional approval that Mr. Obama canceled a planned trip to Los Angeles next week, where he was scheduled to speak to the A.F.L.-C.I.O. and hold a fund-raiser. One senior official said Mr. Obama would get far more involved in direct lobbying for a military authorization, and there is talk inside the administration about a formal address to the nation.
- In endorsing a strike on Wednesday, the Senate Foreign Relations Committee made some modifications to the resolution proposed by the White House, and other versions are also being circulated. The latest is from Senator Joe Manchin III, a conservative Democrat from West Virginia who proposes giving Mr. Assad 45 days to sign the Chemical Weapons Convention and begin securing and ridding the country of its weapons stockpiles. Only if Mr. Assad refuses would the president be authorized to take military action.
- “We need some options out there that does something about the chemical weapons,” Mr. Manchin said. “That’s what’s missing right now.”
- The concept is already being debated by some government officials and foreign diplomats, though the White House has not weighed in.
- For now, White House officials insist that they are slowly gaining ground in lining up support, though the evidence is slim. “We’re very pleased with the trend lines,” said Benjamin J. Rhodes, the president’s deputy national security adviser. “I think each day what you’ve seen is different members coming out on a bipartisan basis to support an authorization to use military force.”
Russia is preparing itself to defend Syria and Iran. China has ships on the way. The US has other ships that are underway but destination are unknown at this point. From all reports Congress is leaning towards a NO vote. Tensions are building and the President really needs to think if this is going to be worth starting WWIII
- By now even a 5 year old gets what is going on and that Russia will simply not back down. So why can’t the US president?
- From Reuters:
- Russia is sending the naval landing ship Nikolai Filchenkov to the eastern Mediterranean, state news agency Interfax said on Friday, reinforcing its presence near Syria.
- Russia, an ally of Syrian President Bashar al-Assad, says its vessels in the eastern Mediterranean guarantee security as the United States considers launching military strikes to punish Damascus for its alleged use of chemical weapons.
- “The vessel will dock in Novorossiysk where it will take special cargo on board and head to the designated area of military service in the eastern Mediterranean,” Interfax quoted an unnamed navy source as saying.
- It gave no more details and Russia’s Defense Ministry declined immediate comment.
- Nikolai Filchenkov was not among vessels that the ministry said last month would enter the Mediterranean as part of a planned rotation.
- This is the third naval “landing” ship Russia has sent to Syria, following the previously reported dispatch of the Novocherkassk (150 marines on board) and Minsk (225 marines). According to the website of the Russian Black Sea fleet, the Filchenkov can carry 300 troops + 1,700 tons including about 20 tanks and various trucks or 40 AFV’s.
- And as a reminder from yesterday, one can likely cross from Cyprus to Syria by stepping on ship hulls and not getting wet.
Western naval sources reported Friday that a Chinese landing craft, the Jinggangshan, with a 1,000-strong marine battalion had reached the Red Sea en route for the Mediterranean off Syria. According to DEBKAfile, Beijing has already deployed a number of warships opposite Syria in secret. If the latest report is confirmed, this will be the largest Chinese deployment in the Middle East in its naval history.
Turkey is a puppet government of the US, the war is on but people don’t realize it yet. The vote in congress is a show, if they vote yes, there is war, if they vote no there is war by way of a false flag event. All military assets are in place, more military assets on the way. This has been planned years ago.
- Turkey deployed tanks and anti-aircraft guns to reinforce its military units on the Syrian border, as the U.S. considers strikes against Syria.
- Convoys carrying tanks and rocket-launchers headed to border areas in Hatay, Gaziantep and Sanliurfa provinces today and yesterday, according to Hurriyet newspaper and Anatolia news agency. Tanks, missile launchers and anti-aircraft guns on hilltops near the border town of Kilis were aimed Syria, state-run TRT television said. F-16s, tanker and cargo planes as well as at least one drone landed at southern Incirlik Air Base, Anatolia said.
- Turkish Prime Minister Recep Tayyip Erdogan, who has expressed a willingness to join any international coalition against Syria, yesterday vowed to respond to any attack from its southern neighbor. He spoke after Syrian Deputy Foreign Minister Faisal al-Mekdad was cited by the Wall Street Journal as saying that Syria will strike U.S. allies Israel, Jordan and Turkey if the Obama administration attacks his country over its alleged use of chemical weapons on Aug. 21.
- “Our country is ready for such a situation,” Erdogan said, according to Hurriyet. “Is Syria ready for this? I can’t know.”
- The North Atlantic Treaty Organization is prepared to defend Turkey against a possible spillover of the civil war, Secretary General Anders Fogh Rasmussen said Sept. 2.
- ‘Great Panic’
- Turkey, which has sided with the rebels fighting to oust President Bashar al-Assad, has a border with Syria that stretches for more than 900 kilometers (559 miles). Six Patriot missile batteries, supplied by fellow NATO members, have been stationed in the country for eight months to help defend against a missile attack from Syria.
- Syrian forces shot down a Turkish reconnaissance plane in the east Mediterranean in June 2012, and errant Syrian shells or bullets from across the border have killed or injured several Turks.
- Turkish financial markets have extended losses since the chemical attack prompted calls for a Western military response. The benchmark stock index is down 4.5 percent in that period, and the lira has slid by a similar amount, to a record low.
- Ipek Ozkardeskaya, a currency strategist at Swissquote Bank SA in Geneva, said by e-mail today, that “if Syria is bombed, Turkey’s geopolitical risk will increase considerably.”
- Turkey may commit warplanes, help arm the rebels or allow U.S. access to its air base at Incirlik for attacks or patrols over Syria, said Nihat Ali Ozcan, an analyst at the Economic Policy Research Foundation in Ankara.
- “If you are willing to join a coalition against Syria, then it means you are ready to do whatever it takes,” Ozcan said by telephone. “I don’t see a great security risk from Syria, as long as Turkey does not engage in a cross-border ground attack.”
It seems the US is preparring for something if they are now evacuating US personnel. Congress does not return officially until Sep 9. Are they making plans for a false flag event if the vote is NO
- The United States has withdrawn all non-emergency embassy workers and their families from Beirut and warned Americans against travel to Lebanon amid looming military strikes on Syria, the State Department said Friday. “Given the current situation in Syria and the region, as well as potential threats to U.S. Government facilities and personnel, we are taking these steps out of an abundance of caution to protect our employees and their families, and local employees and visitors to our facilities,” the State Deparment said Friday. “The Consulate General in Adana has been authorized to draw down its non-emergency staff and family members because of threats against U.S. government facilities and personnel,” the department said, advising US citizens to defer non-essential travel to southeastern Turkey.
If the central bankers/US government cannot get the war started with Congress voting yes they will move onto false flags. By putting the SEA on the wanted list it shows they are criminals, it will be easy to blame the SEA when the cyber attack the financial institutions which will allow the US government to continue the propaganda to the war started to cover up the collapse
- The Federal Bureau of Investigation has added the Syrian Electronic Army (SEA), an active group of hackers sympathetic to the government of Syrian President Bashar Assad, to its list of wanted criminals.
- Though working largely on the periphery for the last few years, the SEA has recently raised its profile considerably after temporarily disabling major media outlets.
- Just one week after the SEA disabled The New York Times’ website for a considerable number of hours on August 27, the FBI issued an advisory warning Americans about the SEA and its capabilities. The statement also reported that any US citizen found to be aiding the hackers will be investigated as a terrorist who is actively aiding attacks against US companies.
- The memo, dated August 30, was first published by journalist Matthew Keys.
- “The Syrian Electronic army, a pro-regime hacker group that emerged during Syrian anti-government protests in 2011, has been compromising high-profile media outlets in an effort to spread pro-regime propaganda,” the advisory stated. “The SEA’s primary capabilities include spearphishing, web defacements, and hijacking social media accounts to spread propaganda.”
- While little is known about the SEA, the collective claims it took control of domain servers for the The Times, Twitter, and The Huffington Post last week in its most recent cyber-attack. The SEA also defaced a Marine Corps recruitment website on September 2, posting images of US soldiers holding messages of contempt regarding possible American involvement in Syria.
- “The Syrian army should be your ally not your enemy,” a letter on the page read. “Refuse your orders and concentrate on the real reason every soldier joins the military, to defend their homeland. You’re more than welcome to fight alongside our army rather than against it.”
- The Marines stated that their webpage had not been infiltrated, although users were in fact redirected to a different site.
- The SEA has also claimed responsibility for cyber-attacks on The Washington Post and Thomson Reuters, along with posting false news on the Associated Press’ Twitter feed. As a result of the online attack, the Associated Press – one of the most trusted sources for journalists – falsely reported that US President Obama had been injured in a surprise attack on the White House, causing a brief panic online. The tweet caused the stock market to fall by over 150 points.
- Iran’s Revolutionary Guard is alive and well in the U.S. and the country’s law enforcement officials ignore them at their peril, according to former U. S. Air Force officer Steven O’Hern.
- O’Hern says that the Revolutionary Guard, long an influential factor in the radical Islamic regime in Iran, does most of its surveillance and intelligence gathering through its proxy force, Hezbollah, considered by many to be a terror group.
- “In the United States, the Revolutionary Guard uses more than one approach. Hezbollah operatives and sympathizers are present in large numbers in many parts of the United States and actively conduct reconnaissance missions that develop information, photographs, and diagrams of federal buildings, and infrastructure targets,” O’Hern said.
- “Those targets include such things as water utilities or electrical substations, and other potential targets to give the Guard the ability to quickly order a terrorist strike in our homeland,” O’Hern said.
- He explains that the Revolutionary Guard is working through Shi’a mosques around the United States as well as the nation’s Lebanese immigrant communities.
- WND previously reported that a former Iranian official who has knowledge of Iran’s terror network estimated there are more than 40,000 of the regime’s security, intelligence and propaganda forces in the West, largely in friendly South American nations.
- And WND has reported that Muslims are using mosques, including some in the United States, as terror command centers.
- It is the Guards’ intelligence office that runs financing, recruiting and other strategies through Islamic centers and mosques, including some in New York and Ohio.
- And as early as several months ago, the Guard threatened to bring its war to the shores of the United States.
- O’Hern, who has written “Iran’s Revolutionary Guard,” about the issue, said the primary mission of the Iran Revolutionary Guard and its Hezbollah proxy is to weaken the U. S. national security.
- “In the United States, the Revolutionary Guard and Hezbollah have a long-term mission of gathering intelligence on homeland targets and maintaining the capability to deliver multiple terrorist attacks if the IRGC chooses to do so,” O’Hern said. “I say ‘maintain’ because the Guard has already developed it.”
- He said attacks could be ordered in retaliation if Iran’s nuclear program is hit, or, “Sleeper cells could even be ordered into action if economic sanctions were so successful that the regime was in danger.”
- “Attacks against the U.S. homeland are only one place where the IRGC can strike – it also can attack U.S. troops and facilities in Afghanistan, Africa, Europe, all of which are closer,” O’Hern said.
- O’Hern’s findings are affirmed by the analysis of a former Defense Department analyst who has asked not to be named for security reasons. The analyst points to the major Arab-American communities in the major cities, especially in Dearborn, Mich., and the San Francisco Bay area.
- “It is my sense that IRGC will rely more on Hezbollah in the U.S. than having their own operatives here. The reason for that is Hezbollah presence is primarily through the concentration of the Arab-American communities, mainly Lebanese, throughout the U.S., such as in Michigan and elsewhere,” the source said.
- Former FBI counterterrorism officer and Islam analyst John Guandolo agrees that the Revolutionary Guard has a presence in the United States, and it operates through the major Shi’a communities.
- “This is the Iranian government’s military activity in the U.S,” he said.
- Guandolo, who established Guandolo and Associates in 2012, says that when it comes to working to undermine non-Muslim countries, Shi’a and Sunni Muslims work together.
- “We do know the Sunni and Shi’a groups that are hostile to the United States are working together. In Lebanon, Iraq, and other places we see Hezbollah, by Iran, and Hamas with al-Qaida, working together on the ground,” Guandolo said.
- “In the United States, the largest Muslim Brotherhood organization, the Islamic Society of North America, put forth the ISNA Code of Honor which says Sunni Muslims will not challenge other Muslims, the Shi’a, on their Takfiri, their legitimacy,” Guandolo said.
- “All Muslims are focused on a similar goal. In other words, the Muslim world is working towards one goal right now and they have written agreements and are working on the ground around the world together,” Guandolo said, “So, yes, Hamas, CAIR works with Hezbollah, which is basically the IRGC.”
- The former Defense Department analyst says the Revolutionary Guard operates the same way worldwide.
- “That is similar in Africa and Latin America. Like Iran, Hezbollah is mainly Shi’a, although it will have some Sunnis and even some Christian Lebanese who are sympathetic here,” the former Defense Department analyst said.
- “There is a major Hezbollah contingent, for example, in Canada. It would be much easier for Iran to work through them and the extensive Lebanese communities throughout the U.S. than to seek to establish a major independent presence,” the Defense Department analyst said.
- Still, he said, it’s possible that the IRGC itself may have operational units working in the United States.
- “However, I don’t doubt that IRGC may have some operatives here acting as liaison with the Hezbollah elements here. In Lebanon, the IRGC presence is more open with representatives working out of the Iranian embassy in Beirut,” the Defense Department analyst said.
- A former CIA station chief agrees, concluding that in the final analysis, Muslims will work together in combating their major enemy, the United States.
- “Like al-Qaida in Sunni mosques, any Lebanese Shi’a or Hezbollah member here is a de facto Iranian Revolutionary Guard Corps terrorist. Some 20 percent of all mosques in the U.S. are Shi’a, therefore they are de facto representatives of the Revolutionary Guard,” the former CIA station chief said.
- O’Hern says that the IRGC and Hezbollah fund their operations through a set of illegal activities.
- “Hezbollah harvests large amounts of money from the United States to support its operations – millions of dollars from criminal enterprises such as narcotics trafficking, the sale of counterfeit goods, and financial crimes are sent back to Hezbollah from our country every year,” O’Hern said.
- WND reported in September 2011 that IRGC proxy Hezbollah had been suspected of funding operations by raising money through the network of U.S. Shi’a mosques located in cities with large Lebanese immigrant populations.
- Former Air Force and State Department security officer Dave Gaubatz says it appears the reason for raising money is to give money to Hezbollah.
- The FBI and the IRS were unavailable for comment on this story. Congressional representatives and federal regulatory agencies also contacted about the issue either referred WND to another office or refused comment.
So the war efforts are not going well for the central bankers/US government, the people are opposed to the war, from all reports the congress is opposed to the war. The central bankers/US government have moved all military assets into position. So the next step is to build the propaganda of an attack by Syria and Iran, Iran after all is the grand prize. The FBI just put Syrian Electronic Army on a wanted list, message of cyber attacks from Muslim hackers has been floating around and the FBI has cyber attack advisories out for 9/11. We also need to remember there is a Million Muslim march on 9/11.
- We have not seen the YouTube clip that will serve as “incontrovertible” evidence of the following, nor is there any indication that Iran is actually aware of the NSA and that it intercepts every form of electronic communication (and when such communication is not available, one is made up), but since we have no reason to doubt the US government or its pristine, best intentions with or without YouTube clips, it is only obvious that the latest development in the Syrian/Iranian/Qatari/Saudi/Israeli soap opera is definitive proof that a US attack must happen to punish not only evil Assad but the just as evil Iranians, who dare to contemplate retaliation in the case of the latest defensive US war of aggression.
- From the WSJ:
- The U.S. has intercepted an order from Iran to militants in Iraq to attack the U.S. Embassy and other American interests in Baghdad in the event of a strike on Syria, officials said, amid an expanding array of reprisal threats across the region.
- Military officials have been trying to predict the range of possible responses from Syria, Iran and their allies. U.S. officials said they are on alert for Iran’s fleet of small, fast boats in the Persian Gulf, where American warships are positioned. U.S. officials also fear Hezbollah could attack the U.S. Embassy in Beirut.
- The Iranian message, intercepted in recent days, came from Qasem Soleimani, the head of Revolutionary Guards’ Qods Force, and went to Iranian-supported Shiite militia groups in Iraq, according to U.S. officials.
- In it, Mr. Soleimani said Shiite groups must be prepared to respond with force after a U.S. strike on Syria. Iranian officials didn’t respond to requests for comment.
- Iraqi Shiites have been sympathetic to the Alawite-dominated government of Syria and oppose U.S. strikes against the regime of President Bashar al-Assad.
- U.S. officials said the U.S. Embassy in Baghdad was one likely target. The officials didn’t describe the range of potential targets indicated by the intelligence.
- Somewhere out there, there is, or will be, a YouTube clip, which shows Iran launching ballistic missiles at the cornucopia of US destroyers parked in the vicinity of Syria:
- The destroyers positioned in the Eastern Mediterranean are equipped with—in addition to Tomahawk missiles that could be used against Syria—the Standard Missile-3, which could be used to intercept ballistic missiles should Iran launch a retaliatory strike, officials said.
- Then there are, or will be, YouTube clips showing “vicious offensives” by Syria against the opposition. Even more “vicious” than the YouTube clips “proving” Assad launched the chemical weapons against the opposition:
- Syrians could also respond with “a vicious offensive” against the opposition inside Syria, said Aaron David Miller, a former top Middle East negotiator in the State Department who now is a vice president at the Woodrow Wilson Center. Such a move, he said, would be a way “to demonstrate defiance” without running the risk of hitting American targets.
- And if that doesn’t happen, there will be a YouTube clip showing Hezbollah attacking the US, Israel, or whatever other US ally was currently easiest to edit in the NSA’s evidence manipulation room:
- Some officials believe a direct response from the Syrian or Iranian governments is less likely than reprisals from allied militant groups, such as Hezbollah.
- Hezbollah, whose members have been fighting alongside government forces against the Syrian rebellion, could be used to launch rocket attacks against U.S. military assets or American allies, including Israel.
- But the funniest YouTube clip proving beyond a reasonable doubt a US war of aggression was really a defensive one, is when the French are attacked: