What do Henry Kissinger, Le Duc Tho, Yasser Arafat, President Obama, And The EU Have In Common?

Wolf Richter's picture

Wolf Richter   www.testosteronepit.com

Maybe the Norwegian Nobel Committee ran out of good candidates for this year’s Novel Peace Prize and didn’t want to transfer the money to the Main Fund, as they’d done in the past. So they handed it to the European Union, which triggered an avalanche of snickering and mocking. It wasn’t exactly an obvious choice. Its government is engaged in a phenomenal power grab, and its sub-group, the Eurozone, is mired in an extraordinarily screwed-up debt crisis that has led to bloody protests in the streets.

The committee has raised eyebrows before. In 1973 it awarded the Peace Prize jointly to Secretary of State Henry Kissinger and the North Vietnamese general Le Duc Tho for negotiating over a four-year period the Paris Peace Accord, signed in January 1973. Everybody knows how that story ended. People were also incredulous when Yasser Arafat was awarded the Peace Prize in 1994. Today, after all these years of tensions and bloodshed, the situation between Israel and the Palestinians is still not resolved. And then, in 2009, it was President Obama who was awarded the prize “for his extraordinary efforts to strengthen international diplomacy and cooperation between peoples,” though he’d been in office for less than a year. It was based, perhaps, on his speeches. Since then, his peace credentials have caught some flak.

Unperturbed, the Committee declared in its Announcement that the EU and its “forerunners” deserved the prize for their six-decade contribution “to the advancement of peace and reconciliation, democracy and human rights in Europe,” brushing aside the current “grave economic difficulties and considerable social unrest.”

The Announcement referred to the three wars that France and Germany had fought over a seventy-year period—the Franco-Prussian War, World War I, and World War II. “Today war between Germany and France is unthinkable,” it said; the “historical enemies” have become “close partners.” It reasoned that the EU brought Greece, Spain, and Portugal into the fold, all of which were governed by dictatorships during my younger years. And it points to the EU’s influence in resolving the nightmare that ensued after Yugoslavia broke apart. And so “the EU has helped to transform most of Europe from a continent of war to a continent of peace.”

War, with the associated pillaging and plundering, was a way of life in Europe long before the Romans started reporting it—their convoluted sentences drove me nuts two thousand years later—and long before anyone there knew what “nations” were. Conquests were the norm. Some wars were small. Others make the war in Afghanistan seem outright brief, for example the Thirty Years’ War (Central Europe) or the Hundred Years’ War (between France and England, and respective allies). Generations fought in them.

Those wars never taught Europeans anything. Nor did World War I; as always, it didn’t take long for the next war to come along. But World War II did teach Europeans something: better to be partners than to wage war on each other.

From the “Europe in pieces,” as a friend of mine phrased it, emerged a “Europe of peace.” While even the most independent-minded Brits might want to distance their country from the EU government, its bureaucracy, and certainly its misbegotten currency, few people would want to regress to the “Europe in pieces.”

Beyond the power-grabby EU institutions centralized in Brussels, Frankfurt, and Strasbourg, with their unelected power brokers, with their tens of thousands of functionaries and officials, with their lawyers and rule makers that try to interfere in every aspect of people’s lives, from salami makers in Italy to fishermen in Spain, there is the Europe of free movement of people, goods, and capital, of collaboration, of friendship even.

But the euro is doing massive damage to the European fabric. It is creating tensions and even rage where there were none in the years leading up to the crisis—in Greece for example. Europe needs to deal with it. Or else, the euro risks tearing up the “Europe of peace” to leave behind a “Europe in pieces.” But even these problems pale compared to the wars that ravaged the continent before. And what the EU and its “forerunners” have accomplished is that war won’t be considered as part of the solution.

Lots of other issues remain. In Spain, neither banks nor public workers have ruined the country—but politicians, a separate class born out of the “Transition” from the Franco dictatorship to democracy. And the old power structure is thriving under a new “democratic umbrella.” Read.... Spain’s Unfinished Transition From Dictatorship To Democracy

To the Château d’Amboise, France. From a roof platform, Stephanie, the guide, points out a wrought-iron balcony on the other wing. Twelve Protestants were hanged from it in 1560 during the repression of the Huguenot Conspiracy. A thousand Protestants were beheaded on the marketplace. Others were drowned in the Loire. A select few were quartered. “To inspire loyalty to the Catholic Regime of France,” she says with an ironic curve to her lips.

European history, incomprehensibly bloody since time immemorial, is part of the fun of traveling, and tour guides depict it with gusto to jack up their tips. And that château is where it started for me ... with a Japanese girl. And now it’s a “funny as hell nonfiction book about wanderlust and traveling abroad,” as a reader tweeted. Read the first few chapters of  BIG LIKE: CASCADE INTO AN ODYSSEY for free on Amazon.com, where it’s often one of the bestsellers under “Japan.”

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millennia's picture

WTFx10 So much in agreement!

Seems like it now that the Euro/Eurozone was only invented as a mean to enslave the European populus. Everyday now the scheme becomes all more clear, World bankster Government starts its foundation in Europe. It would have been be more difficult to start it in the US.

I know better I am a few thousant years old...

SWIFT 760's picture

Kissinger is a monster, a horrible lump of flesh. 

Ima anal sphincter's picture

The only thing missing is horns and a pointy tail.

EVIL...through and through.

TheProphet's picture

The answer is the same one Cliff Claven gave on Jeopardy!

Who are four people who have never been in my kitchen.

steelrules's picture

What do they all have in common?

They've all caused Alfred Nobel to turn in his grave.

nah's picture

they learned something

Don Diego's picture

Next time,given the birth rates in France and Germany, more than a Franco German war, we are going to have a Moroccan-Turkish war.

foxmuldar's picture

Iran's Ahmadinejad is in line for next years award if he's still around. 

topspinslicer's picture

Who are fake ruling elite scumbags for $1,000 Alex?

AnAnonymous's picture

What do they have in common? The 'american' idea of peace?

onebir's picture

The American *citizenist* way of peace. Tsk tsk - you're slipping.

Yihande shi zheli buneng da hanzi ma ni lo! ;)

Jam Akin's picture

I'm OK with this.  It gives the EU some much needed cash.  Globalists helping globalists.  Perfectly understandable.

WTFx10's picture

"But World War II did teach Europeans something"

The Bankers will fund us to fight the Germans again?

Who controls the EU, the Bankers?

If they would have learned something it would have been to get rid of the Bankers?

Who controls Britain, the Bankers?

Who controls America, the Bankers?

Who controls the planet, the Bankers?

If they would have learned something it would have been to get rid of the Bankers?

"The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks."

John Dalberg Lord Acton

mayavision2012's picture

I stand on the side of the Nobelosceptics. It's a farce.

THE DORK OF CORK's picture


Just to add – Switzerland has a very large surplus current account.

I think the plan is to shut off the Med by only exchanging the declining monetary / energy credits in the zone between London and the Alps

Need I say this is a form of modern market state warfare


Also there is a deeper question - why did Italy not engage in a credit hyperinflation to the same extent as Ireland & Spain ?

Because it was less of a colony of the city although it too is now deeply compromised by its lack of fiscal production and core investment in Nuclear etc made possible by the Euros makeup.

The Euro was / is a product of the city.

THE DORK OF CORK's picture

Here is a slightly deeper explanation.....

The UKs assets in the main via their property prices is really claims on external productivity.


UKs reals goods trade deficit has a much bigger impact then little Switzerlands real goods surplus.
It was £100 billion in 2011 and 28.1 billion in 2012 Q2 although God knows what goes on in the hidden Gold market.


The UK ONS has some mildly interesting documents on capital accounts

Capital stock, capital consumption and non financial balance sheets, 2003 ,2004 ,2005 etc etc.

The caveats are interesting
These Chronicle the change from a nation state war economy to a extreme market state.

1961 : British telecom & post office reclassified as public corporations

1983 :start of privatisation era (1984 – Uk enters current account deficit ,coincidence ? )

1989 : water and sewage privatised.

1992 : NHS restructured into trusts.

Heres how it works : the UK goes into current account deficit , in particular real goods deficit – the real resourses from these external goods is used to bid up the price of non productive assets such as houses and stuff via credit hyperinflation.
The capital assets of the country appear to increase but the internal productive capacity of the country tanks. (the house price rises are the result of external increases in productive capacity)
Eventually after 30~ years of this policey the external resourses from other countries is exhausted (also the North Sea oil the conduit states were consuming) , to keep up its “asset” prices it must lay waste to other countries consumption – think Ireland & Spain.
This surplus consumption is directed into UK asset prices ,sustaining the Ponzi for just a bit longer.

It may just be in the UK & US narrow interest to sustain their monetary policey if you are of a zero sum like game disposition given their extreme real goods trade deficit.
The UK for example has got Germany by the balls as so much excess luxury car capacity flows into the streets of London.

This is game theory played at the highest level possible.

Once banks played nation states off against each other , now its playing market states against each other – at its core it is the same Phenomena


refer to 1. : A more detailed stat bulletin

The first graph is very interesting.
Residential buildings & financial assets of households forms the bulk of these assets.

But if you think of these assets as claims on external wealth or productive capacity outside the UK the extreme nature of the UK becomes all too real.

This is why the Q2 net drop in income of £5.5 billion is so important for the UK.

It must destroy Ireland and Spain to sustain real goods coming into the UK but this action also destroys its income.
Its a Catch 22.

We are witnessing the failure of the Anglo model ,the Anglo world.
It has stripped Europe of its wealth…….the jewel of its crown , the eurozone is now a deadzone.


Its clearly in the short term interest of the UK to continue its policy of burning every village as long as its internal asset prices rise faster then its loss of external income.

But that is a Malthusian dynamic……in the past it lead to a thing called WAR.

What happens in this world of market states is anyones guess but most states were market states prior to the Great war.
That war was caused by a run on the BoE as America became both China & Saudi Arabia in one monster package.
No such country exists today.

Just because the UK is not in the Eurozone or is not offically “Europe” in some people eyes does not make it go away…
Much of German surplus production flows into the streets of London.

I can’t believe how this is ignored by these “economists”

Its all
“For Christ sake, John. Don’t be scared. ? Go on and eat your cookies.”

UK sucked in a Net 28.1 Billion sterling or 42 billion Francs worth of stuff and fuel in Q2.
France is also in major real goods deficit…..

Hello – anybody home ?
They are sucking the PIigs dry.

Forget about the claims on wealth which is mixed up in the current account figures – these claims are showing negative figures in the UK anyhow.
Look at the real goods trade balance , and I am not talking about banking “services”

This is a race for real goods
http://www.tradingeconomics.com/france/balance-of-trade (go to Y2000)

Real Resourses are simply crossing the Pyrennes.

http://www.tradingeconomics.com/spain/balance-of-trade (go to 2000 again)

THE DORK OF CORK's picture


You did not listen to me GCT (sometimes I can be a bit obtuse I guess)

I would argue that in the effort to bring Spain into the EU they transfered real resourses to Spain.......therefore if Spain got out of jail and produced its own money the crisis would transfer to the core.

The Euro crisis is to a large extent really a UK malinvestment crisis ,since 1983 and the Big bang soon after the UK ran North Sea oil and other oil through the PIGs.....

The Germans feed the PIGs bank consumer credit goods such as cars and stuff but it was the UK which supplied the credit.......now that the oil is mostly gone and the yields to the UK has turned negative  (current account income Q2  £5.5 billion) they must transfer real resourses back to the UK even if it destroys their income.

THE DORK OF CORK's picture

What people don’t get it is the productive investments that Spain made as well as the housing Junk.
In some areas its richer then the North.

However the North has conspired to extract currency units and transport them north of the Pyrennes.

Spain needs to become sovergin again as with the exception of France it has enough "stuff" that will work on the other side of this monetary system.

Europe has stuff coming out the wazoo - each country needs to divorce themselves from the Euro which can only grow by making more stuff.

It needs to use the stuff it has created first before it can make new stuff........the creation of stuff has become the mechanism to create a symbolic token - absurd

Its the other way round dummies.

Public transport number declines in a energy crisis is almost strictly a monetary flaw (see below) i.e. the people don’t have enough national tokens.
Although the external shock of less tourists plays a part.

What British town of this size has 146.7 KM of metro and tram lines ?
It ain’t Edinburgh thats for sure.

Yet its passenger numbers have declined from 68.275 inY2008 to 65.074 in a so called energy crisis.

Once Spain learns to ditch the private car and thus its internal car industry and external car imports from the North it will be fine under a sov system.

Meanwhile a absurd amount of money is spent on a tiny extension to the San Francisco light rail / street car system



$900m investment for San Francisco light rail
Rail.co‎ - 21 hours ago The U.S. Department of Transportation has announced an investment of more than $900 million to extend San Francisco's Third Street light rail ...

GCT's picture

I disagree Dork.  Spain gave its monetary soverignty to the EMU.  There would be no problem no matter the mode of transportation used.  The Euro elite set this whole union up to form the Dictatorship of Europe, nothing more.  All of the PIIGS are fiscally constrained like the states in the USA.  The big difference is the USA shifts it money around to support the poorer states.  Although I am not into endless printing of fiat, the current system works for the most part.

Until Europe decides it wants to go all in and help one another out the problem will continue.  But that would mean standards imposed by an unelected bunch of elites, if I read the proposals correctly.  I would not go in with these terms.  They even have legal immunity, so they can screw everyone without any worries about jail time.  I know the USA elite are screwing us as well but only because our legal system is fucked up. 

THE DORK OF CORK's picture

Bollox  - The EU is a power grab by the Bankers.

Can I have a Fiat King back please.

Cult of Criminality's picture

What do Henry Kissinger, Le Duc Tho, Yasser Arafat, President Obama, And The EU Have In Common?

They all listen to the same Cult of Criminality,globalist,admin,nation building for peace theme song ?

Murder by numbers, the Police.


BigJim's picture

 What do Henry Kissinger, Le Duc Tho, Yasser Arafat, President Obama, And The EU Have In Common?

They're all grade-A cunts? Though at least Arafat actually had a worthy cause.

Tango in the Blight's picture

The invention of the atomic bomb stopped war in Europe, nothing else. They should have given the Piss Prize to Oppenheimer posthumously.

Urban Redneck's picture

The US MIC and its presence stopped further war in Europe.

Perhaps if they gave the next Peace Prize to the US Military Industrial Complex, then people would WAKE THE FUCK UP and realize what a joke the whole thing is.


jeff montanye's picture

stopped it in europe and exported it to the rest of the world.

nmewn's picture

The world would appreciate some compensation for Lord Keynes...who wasn't stopped.

honestann's picture

The Nobel Peace Prize has become the biggest bad joke in centuries.  Like everything else "official" and "semi-official", it has been taken over by predators.

Urban Roman's picture

They are all kleptocrats?

otto skorzeny's picture

MoMar enjoyed the "piece" that the Eurotrash broke off in his ass. That scumbag Kissinger is putting off going to hell for as long as he can.

q99x2's picture

The elite have a language that they have been using for over a decade. When they endorse a plan to take over America they call it the Patriot Act. When they give their go ahead for the banksters to start slaughtering people they award the EU the peace prize and so on. Pretty easy to learn their language. It is the exact opposite of whatever they say. I think they all adopted the language from Goldman Sachs.

jeff montanye's picture

actually it was best described by an english genius born eric blair who died 62 years ago.  although known primarily for two rather short political novels, he is an utter master of english prose and of analysis.  reading anything he wrote is edifying.  check him out.  he was a half century ahead of his time (and we once thought he was writing about the ussr!):


LMAOLORI's picture



I'd Kill for a Nobel Peace Prize - Barack Hussein Obama

akak's picture

OK, that was one of the funniest comments on ZeroHedge EVER!

BeetleBailey's picture

OK...now that I got the Peace prize, I wanna go for the War Prize....is there one for that?


.........How 'bout a Drone Prize?

Well..call 'em!

Barack Insane Oblamma

Freddie's picture

Anyone notice that Obama has pulled his banner ads?  He was running them everywhere including here, yahoo and loads of other places.

nmewn's picture

I was diggin on the Big Bird ads myself.

Barack Obama: I'll always fight for eight foot tall, yellow feathered millionaires and their taxpayer subsidized millionaire bosses no matter how many billions they rake in from the sale of childrens toys and movies.

I'm Barack Obama and I approve this message ;-)

BeetleBailey's picture

Good I say. Enough of his wookie wife glaring at me.

Imagine Bush running ads saying;

Voting for Dubya? (using Laura's mug). The liberal douche-press would have kittens

kaiserhoff's picture

Since when are Wookies that smelly?

Oh wait.  Haven't  had my coffee yet.  Unfit for ZH sarcasm.

Well done Beetle.  Carry on.

otto skorzeny's picture

I miss signing the  e-card for the 20th anniversary of his sham marriage as "Jefferson Davis"

kaiserhoff's picture

Sham marriage?  Otto, just because our Presidente likes older white dudes is NO EXCUSE for telling the truth on him.

                                                   I'm Soros the Goatfucker, and I approved this message.

tom a taxpayer's picture

It was an agonizing decision. The Nobel Committee was torn between choosing the EU or Hillary.

q99x2's picture

You said it. That word that starts with the "H". Slowly I turn step by step inch by inch.

max2205's picture

It's never changed underneath.

Elite, for the elite, with the elite, by the elite.

What you see is window dressing.

The rest of you, keep moving along please

jeff montanye's picture

no list of poor choices for the peace prize is near complete without recognition of the inventor of modern terrorism and false flag attacks, menachem begin (http://www.nnnforum.com/forums/showthread.php?t=246259).  

his claim to peacemaker is based entirely on getting anwar sadat (via a naive jimmy carter) to break solidarity with the arabs and take egypt out of the belligerents arrayed against israel (an act for which sadat paid with his life).  of course begin had no interest in peace as once he split the arab block he went on to administer viciously the ongoing war crime known as greater israel.  a real bad actor.

SafelyGraze's picture

there's no mystery to it

the peace prize serves as the much-needed collateral for the next round of 12.4 trillion eurobailout

malikai's picture

It certainly served well as collateral for a teleprompter that likes to drone strike children, wedding parties, and funerals (of the previously drone struck).

Al Gorerhythm's picture

From EU to P(ee)U to FU.

This carcass is stinking up the place and raising a finger to everyone with this Peace Prize award, claiming their stench really smells like roses.

Die you bastards. Why won't you just die?!