Iraq
Ron Paul Warned 'Warmongers' A Year Ago: "Leave Syria Alone"
Submitted by Tyler Durden on 09/09/2013 22:10 -0500
In June 2012, Ron Paul warned the 'warmongers' in Congress of the "plans, rumors, and war propaganda for attacking Syria and deposing Assad." In an ironic twist, he also notes, "this past week however, it was reported that the Pentagon indeed has finalized plans to do just that. In my opinion, all the evidence to justify this attack is bogus. It is no more credible than the pretext given for the 2003 invasion of Iraq or the 2011 attack on Libya." The following speech may well be 15 months old, but is as relevant - if not more - than ever ahead of Obama's pleas tomorrow.
Guest Post: On Syria: Don't Take Regime Change Off The Table
Submitted by Tyler Durden on 09/09/2013 17:06 -0500
Two weeks ago, the Syrian regime reportedly ordered the use of chemical weapons, which U.S. sources state killed over 1400 people. Over one year ago, President Obama declared that any movement or use of chemical weapons would cross a “redline.” Right from the start, officials in the Obama White House assured the public that any decision to use force against Syria would not be designed to impose regime change. Why would the administration take such an option off the table? As strategists and policymakers have understood since time immemorial, any decision to use military force must be guided by a strategy. If Washington’s strategy is to stop Assad from using chemical weapons, demonstrate that America is committed to enforcing this international norm, and undermine states that support such atrocious actions, regime change remains the critical instrument for the United States. In fact, all other options are highly susceptible to failure. In the end, the failure to put the instrument of regime change on the table demonstrates a lack of resolve, commitment, or weakness—all of which will be interpreted by friend and foe alike as acquiescence in the face of states using chemical weapons.
Syria Intelligence Being Manipulated EVEN MORE than in Iraq War
Submitted by George Washington on 09/09/2013 14:58 -0500White House – NOT U.S. Intelligence Agencies – Prepared Report about Syrian Chemical Weapons
Guest Post: On QE, US Foreign Policy And Who Really Wins The Upcoming War In Syria
Submitted by Tyler Durden on 09/08/2013 14:35 -0500Current US Treasury issuance is relatively low due to sequestration and (at least temporarily) less US warmongering in the Middle East. That's about to change, of course, now that the US is getting ready to launch a Cruise missile attack on Syria (we’re already been arming and financing the opposition rebels, including groups directly linked to al-Qaeda for several years now). Bernanke and the Fed doves would like nothing better than another “controlled” war in the Mideast, because with war comes massive debt issuance, and with massive debt issuance comes the transmission mechanism (QE) for monetizing that debt and mainlining it onto the Wall Street banks' broken balance sheets. And yes, they’re still broken, and Ben is still bailing them out at the expense of the American middle class. Make no mistake, Jamie Dimon, Lloyd Blankfein, and every other complicit banker on the Street has no problem with this, or any other, war, regardless of whether such a conflict would destabilize the entire region and would almost assuredly pull Russia and China into the fray. The more the merrier, just keep letting that free QE monopoly money roll in from the 4X weekly Federal Reserve Permanent Open Market Operations (POMO’s). And with the significant financing needs for a large war effort in the Middle East, say good-bye to “Taper.”
UK Government Admits It Allowed 2 Firms To Sell 'Poison Gas'-Making Chemicals To Syria
Submitted by Tyler Durden on 09/07/2013 21:01 -0500
A week ago we discussed the claims that the UK government showed "breath-taking laxity" in allowing the sales of chemicals capable of being used to make nerve agents such as Sarin to Syria. It may come as a surprise to no one but last night the UK government admitted for the first time that - under a clear breach of international protocol - it issued five export licenses to two companies between July 2004 and May 2010. As The Daily Mail uncovered, these sales were made at a time when Assad was strongly suspected to be stockpiling the chemical weapons that are now at the hub of an international crisis. As one leading MP noted, "the government has some very serious questions to answer." The UK firms delivered sodium fluoride to a Syrian cosmetics company for what they claim were legitimate purposes; but intelligence experts believe President Assad’s regime uses such companies to divert chemicals into its weapons program. Last night the Department for Business, Innovation and Skills refused to answer questions regarding how much sodium fluoride was bought and sold – or which companies were involved, but as former foreign secretary Malcolm Rifkind exclaimed, "in the case of these licenses being awarded to sell sodium fluoride to Syria it sounds as if some serious errors were made."
Who Is Going To Buy The US Debt If This War Causes China, Russia And The Rest Of The World To Turn On Us?
Submitted by Tyler Durden on 09/07/2013 14:51 -0500
Yesterday we implied a difficult question when we illustrated the huge size of US Treasury bond holdings that China and Russia have between them - accounting for 25% of all foreign held debt - implicitly funding US standards of living (along with the Federal Reserve). The difficult question is "Can the U.S. really afford to greatly anger the rest of the world when they are the ones that are paying our bills?" What is going to happen if China, Russia and many other large nations stop buying our debt and start rapidly dumping U.S. debt that they already own? If the United States is not very careful, it is going to pay a tremendous economic price for taking military action in Syria.
Obama's Missing Link: No Direct Connection Between Assad And Gas Attack
Submitted by Tyler Durden on 09/07/2013 11:43 -0500
While one can speculate if the sarin gas attack on August 22 was ordered and orchestrated by Saudi/Qatari petrodollar interests, with the assistance of the CIA and the funding of al Qaeda, and executed by the Syrian "rebels" (there is much circumstantial evidence pointing in the false flag direction: here, here, here and here), the reality is that since the narrative behind Obama's offensive Syrian air strikes has been staged as punishment for Assad, the onus is on the affirmative proof, namely clear and unequivocal evidence that it was Assad who ordered the attack. So far, despite repeated vows and promises that such proof exists, none has been presented, aside from numerous YouTube clips which show an attack did take place (and even that is in question). When it comes to the actual perpetrator, John Kerry and company are reduced to emotional pleadings to the audience to look at pictures of dead children redirecting from the most important question of all: did Assad actually do it. The reason for such Copperfieldian tactics is that there simply is no link - Reuters reports that "No direct link to President Bashar al-Assad or his inner circle has been publicly demonstrated, and some U.S. sources say intelligence experts are not sure whether the Syrian leader knew of the attack before it was launched or was only informed about it afterward." And yet Obama's entire publicly stated motive is to punish Assad... for something there is zero evidence he did.
High-Level U.S. Intelligence Officers: Syrian Government Didn’t Launch Chemical Weapons
Submitted by George Washington on 09/07/2013 01:09 -0500Numerous Intelligence Officials Question Administration’s Claims
Fact Or Fiction: Poll Says Majority Of Americans Approve Of Sending Congress To Syria
Submitted by Tyler Durden on 09/06/2013 14:46 -0500
As President Obama continues to push for a plan of limited military intervention in Syria, a new poll of Americans has found that though the nation remains wary over the prospect of becoming involved in another Middle Eastern war, the vast majority of U.S. citizens strongly approve of sending Congress to Syria. "There’s no doubt in my mind that sending Congress to Syria - or, at the very least, sending the major congressional leaders in both parties - is the correct course of action," one respondent noted, adding "sooner rather than later, too, this war isn’t going to last forever."
The Soap Opera Plot Thickens: Iran Plots Revenge If US Hits Syria, According To "Intercepted" Message
Submitted by Tyler Durden on 09/06/2013 06:55 -0500
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.
Yet Another "Most Important Jobs Number Ever" On Deck
Submitted by Tyler Durden on 09/06/2013 06:03 -0500- After Hours
- Beige Book
- Bloomberg News
- BLS
- Bond
- Brazil
- Central Banks
- China
- Copper
- Crude
- Crude Oil
- Elizabeth Warren
- Eurozone
- fixed
- France
- Germany
- goldman sachs
- Goldman Sachs
- headlines
- India
- Initial Jobless Claims
- Iran
- Iraq
- Jim Reid
- Larry Summers
- LTRO
- Monetary Policy
- national security
- Nikkei
- Nomination
- Payroll Data
- Portugal
- RANSquawk
- Reserve Currency
- SocGen
- Trade Balance
- Turkey
- Unemployment
- Volatility
- White House
The highlight of today's economic releases will be the 8:30 am non-farm payroll data, expected to print at 180K jobs, up from July's 162K, and result in an unchanged 7.4% unemployment rate. The "most important jobs number ever " is neither, because even if it comes as a wild outlier to the good or bad side, the Fed is unlikely to change its tapering intentions this late in the game. Still, it will provide fireworks in a very jittery market and if the number is far stronger than expected, expect the 10 Year to finally blow out from below the 3% range which it breached briefly overnight, and never look back, at least not until there is an August 2011 wholesale risk revulsion episode and stocks tumble. Speaking of jittery, overnight the WSJ reports that if picked as Bernanke's replscament, Larry Summers' faces an uphill battle to get the votes of three key democrats on the Senate Banking Committee (Jeff Merkley, Sherrod Brown and Elizabeth Warren). It would be only fitting that the dysfunctional Democratic dominated senate now lashes out against the president, and in the process scuttles the market's only hope of maintaining its Fed-derived gains over the past five years... And there is, of course, Syria which is becoming increasingly problematic for Obama whose support in Congress is looking ever shakier. Will he go it alone in the case of a no vote?
Guest Post: 10 Chemical Weapons Attacks The U.S. Government Doesn’t Want You To Know About
Submitted by Tyler Durden on 09/05/2013 21:34 -0500
A couple of weeks ago we highlighted the fact that declassified documents analyzed by Foreign Policy proved that the U.S. government knew about Saddam Hussein’s egregious use of chemical weapons and in fact we helped him be more effective in their deployment. Well unfortunately that’s just the tip of the American chemical weapons iceberg. From white phosphorus and depleted uranium (DU) usage in Iraq, to secret radioactive tests in poor black neighborhoods within the U.S. itself, the list is pretty horrific. While one might be able to say that this is the reality of war, then what the heck are we doing entering a civil war in a country where chemical weapons are being used that poses no threat to us?
Guest Post: What Do We Stand For?
Submitted by Tyler Durden on 09/05/2013 18:01 -0500
As the U.S., led by the Obama Administration, moves towards yet another possible war in the Middle East, using covert terrorists as proxies and enacting violent policy based on dubious or non-existent evidence and far flung accusations, we realize that with all the blathering voices out there telling us what to think, what to do, what to fear, who to admire, who to worship, how to live, and what to aspire, perhaps it is time for each of us to solemnly question what we stand for, and what America is supposed to stand for? Really, think about it. What are we here for? What purpose do we serve in the grand scheme of things? What are our defining principles? Have we lost track of ourselves as Americans so completely that we cannot even explain in a reasonable fashion what kind of people we want to be, and what kind of world we want to live in?
The Next Hot Zone - Iraq?
Submitted by Tyler Durden on 09/05/2013 13:57 -0500
With all eyes squarely focused on Syria, attention spans have drifted from Iraq but as Stratfor explains, things are once again going from bad to worse in that 'stable democratic' nation. Coordinated, high-casualty attacks have become common in Iraq since the withdrawal of U.S. forces from the country at the end of 2011. The geographic focus of the attacks indicates that the reach of militants is limited to areas in which they can routinely operate freely, typically where the Shiite, Sunni and Kurdish spheres of influence intersect.
David Stockman On "The End Of The American Imperium"
Submitted by Tyler Durden on 09/04/2013 20:15 -0500
Next week Congress can do far more than stop a feckless Tomahawk barrage on a small country which is already a graveyard of civil war and sectarian slaughter. By voting “no” it can trigger the end of the American Imperium - five decades of incessant meddling, bullying and subversion around the globe which has added precious little to national security, but left America fiscally exhausted and morally diminished. By long standing historical demonstration, the US Congress specializes in paralysis, indecision and dysfunction. In the end, that is how the American warfare state will be finally brought to heel and why the American Imperium will come to an end - at last.



