The armchair warriors of Official Washington are eager for a new war, this time with Russia over Ukraine, and they are operating from the same sort of mindless “group think” and hostility to dissent that…
Category: Korea
An Open Letter to President Obama: Peaceful Policies toward North Korea; the Campaign Promises You Made to Korean Americans Dear President Obama, your surprise announcement on December 17 this year pronouncing the normalization of the U.S….
Greece at the Crossroads: the Oligarchs Blew It Once one oligarchy falls, it will threaten to topple a long line of oligarch dominoes. A great many narratives invoking Greece are being tossed around, but…
The Globalization of War: America’s “Long War” against Humanity By Prof. Michel Chossudovsky Global Research Publishers, Montreal 2015 Excerpt from Preface The “globalization of war” is a hegemonic project. Major military and covert intelligence operations…
Ernst Wolff: Pillaging the World. The History and Politics of the IMF Image credits book cover: gun © runningbean / www.istockphoto.com; Earth seen from Apollo 17, photographer: Harrison Schmitt or Ron Evans, December 7, 1972. ©…
Escalating inequality is the work of a global elite that will resist every challenge to its vested interests An armed security guard outside the Davos Congress Centre. ‘Even Unilever’s chief executive is fretting about the…
In recent decades, the U.S. propaganda system has grown more and more sophisticated in the art of “perception management,” now enlisting not only government PR specialists but careerist journalists and aspiring bloggers to push deceptions on the public. Do we live in a country where citizens are critically informed on the issues of the day by media that operate independently of the government? Or do our political leaders deliberately plant a false view of events and issues in the mind of the public that complicit media then broadcast and amplify to generate public consent for government policy?
WASHINGTON, Jan. 19 (Xinhua) — The U.S. National Security Agency (NSA) secretly broke into the computer systems of the Democratic People’s Republic of Korea (DPRK) in 2010, the New York Times reported Monday, an…
Tuesday night, in his next-to-last State of the Union address, President Obama flashed the suckers a bag of tricks that has no chance of passing the Republican-controlled Congress, but will allow his apologists to claim…
Although many funerals have been held for the US dollar, still it lives on. On the eve of the collapse of the Bretton Woods currency system, the dollar made up almost 80% of global foreign-exchange reserves (in 1970 it totaled 77.2%, and in 1972 – 78.6%). Then, after the transition to the system negotiated at the 1976 Jamaica Conference, that percentage gradually declined, reaching its lowest level – 59.0% – in 1995. In the wake of financial globalization, the dollar’s positions strengthened again (reaching 70-71% between 1999 and 2001), but then a new decline was seen in the dollar component of global foreign-exchange reserves – dropping below 61% in 2014. Nevertheless, it is still higher than in 1995.