us interest rates

search for more blogs here

 

"What The Collapse of The US Dollar Will Mean to The World" posted by ~Ray
Posted on 2008-10-18 07:00:45

I have no idea what it means to the world! For me it means flying back to Laos will be more expensive. The dollar have been falling since the end of the Fed interest rate hike cycle. I was searching for topics on a secret plan to collapse the dollar today. What I found was a common theme that is repeating on the same stories. Dollar will collapse because of China. Opec recession and blah blah. Somehow the dollar find ways to gain strength again. Looking to be bullish on the dollar and ride it back to its glory days. What The Collapse of The US Dollar Will Mean to The WorldFiled under: A currency dealer displays US dollar notes at a currency exchange office. The dollar plummeted to new lows against the euro on expectations Russia could par down its dollar reserves in favor of euros and amid ongoing concerns over the US budget and current account deficits analysts said. [AFP] http://www chinadaily com cn/english/doc/2004-11/26/content_395102 htm XHTML: You can use these tags <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong> :

Forex Groups - Tips on Trading

Related article:
http://niti.wordpress.com/2007/11/21/what-the-collapse-of-the-us-dollar-will-mean-to-the-world/

comments | Add comment | Report as Spam


"Will US Federal Reserve change its interest rate (of 4.50%) in Dec ..." posted by ~Ray
Posted on 2007-12-20 22:29:03

The US Fed has changed its target rate of from 4.75% to 4.50% in Oct 07. That definitely helped the... The US Fed has changed its target rate of from 4.75% to 4.50% in Oct 07. That definitely helped the market a bit. The next Fed meeting is Dec 11. 2007. Will US Federal Reserve continue to lower the interest rate this time? Here is the latest target rate for your reference: () [ Scored ] on 2007-12-11 EST The best performing Ziibo is (accuracy: 90%). Read the for how well the Ziibo predicted. A community where you can guess future events share your thoughts and train your mind. Will US Federal Reserve change its interest rate (of 4.50%) in Dec 11. 2007? () The US Fed has changed its aim rate of from 4.75% to 4.50% in Oct 07. That definitely helped the merchandise a bit. The next Fed meeting is Dec 11. 2007. Will US Federal Reserve act to lower the interest rate this time? Here is the latest aim evaluate for your compose: * This prediction will change state on 2007-12-11 EST Dec. 11 (Bloomberg) -- The Federal Reserve cut its... Dec. 11 (Bloomberg) -- The Federal keep back cut its benchmark interest evaluate by a quarter-point to 4.25 percent to prevent the housing droop and credit squeeze from undoing the six-year expansion. () Dec. 11 (Bloomberg) -- The yen fell to a one-month... Dec. 11 (Bloomberg) -- The yen fell to a one-month low against the dollar and euro as speculation the Federal Reserve will accelerate interest-rate cuts boosted stocks and encouraged purchases of higher-yielding assets funded by loans in lacquer. () Dec. 11 (Bloomberg) -- The yen traded close to a o... Dec. 11 (Bloomberg) -- The yen traded close to a one-month low versus the dollar and the euro on speculation the Federal Reserve will cut interest rates today encouraging investors to buy higher-yielding assets funded by loans in Japan. () Dec. 10 (Bloomberg) -- Mexican peso-denominated bo... Dec. 10 (Bloomberg) -- Mexican peso-denominated bonds cut as traders trimmed bets the U. S. Federal Reserve will cut borrowing costs by a half-percentage point at their policy meeting tomorrow reducing the appeal of higher-yielding assets. () Even the Fed’s vice chairman. Donald L. Kohn hinted at a possible evaluate cut. And the whole market believes that. It would be disastrous if the Fed ends up NOT cutting the evaluate. Got to change my prediction. 4.25% seems quite likely now. According to this ingeminate:"Interest rate futures showed a 92 percent chance that the Fed will cut interest.

Forex Groups - Tips on Trading

Related article:
http://www.ziitrend.com/predict/on/will_us_federal_reserve_change_its_interest_rate__of_4_50___in_dec_11__2007__2007-12-11

comments | Add comment | Report as Spam


"US Inflation Expected to Move Higher from Interest Rate Cuts" posted by ~Ray
Posted on 2007-12-12 17:43:41

The US$ continues to benefit against the euro and sterling from risk aversion while losing against the yen as “carry trades” continue to unwind. More reporting overnight showed higher writedowns from subprime mortgages helping to underpin anxiety in the market. Barclays announced an sign loss of $2.7 billion overnight significantly less than the rumors that pervaded the market of a $21 billion loss. This brings the be of current losses from large banks to over $45 billion. Today the consumer price index for October will be released at 8:30 a m. This number is expected to show an annualized change magnitude in October of 3.5% up from 2.8% in September. Excluding food and energy the number is expected to go to 2.2% up from 2.1% the previous month. Elevated readings of inflation should be expected moving forward as the interest evaluate cuts take hold in the market. In addition the falling determine of the US$ adds to inflation causing import prices to go proportionally. Producer prices released yesterday showed that inflation increased significantly over the previous month though not as high as economists had forecasted. Higher inflation should benefit the US$ in the near call as expectations for further interest evaluate cuts diminish. The euro was slightly displace against the US$ overnight. Risk aversion in the market continues to back up the greenback causing both technical and fundamental indicators to inform to a relief collect for the US$. Such rallies have been infrequent since June and have been correlated to spikes in risk aversion. The yield favor that the US$ has over the euro has withered away with expectations that the 50 basis point interest evaluate advantage will cease over the next year. For this cerebrate a possible rally in the US$ is likely to be shallow perhaps 2.5% considering the continued negative sentiment toward the currency. The yen was higher overnight as its correlation with movements in equity markets continues to sit at around 80%. Though the reported loss by Barclays comes in below market rumors the news of additional subprime writedowns was not welcomed. In additional news overnight. Bank of Japan Governor Fukui issued comments stating that it is more difficult now to cause changes needed in interest rates. The merchandise has already discounted the BOJ’s ability to increase interest rates this year. Instead the focus should inform more towards an increase at the end of the first quarter next year. This timetable is likely to be supportive of carry trades over the coming months suggesting the yen could weaken if investor sentiment improves. Sterling was lower again overnight after trading violently yesterday. The Bank of England’s quarterly inflation inform which included in its calculations an interest evaluate cut in the early part of 2008 continues to measure on the pair. Between this news unwinding of the displace trade and a slight act into US$’s as a safe haven sterling has lost over 3.3% during the past week. This weakness is likely to continue in the come call as sterling’s support wanes. Should economic fundamentals which undergo been supportive of the pound also begin to dress sterling could again fall significantly in a bunco period of time.

Forex Groups - Tips on Trading

Related article:
http://tempusfx.typepad.com/marketview/2007/11/inflation-expec.html

comments | Add comment | Report as Spam


"Comment by Stan Moore on Chalmers Johnson's Blowback - The Costs ..." posted by ~Ray
Posted on 2007-12-03 20:12:08

One of the enduring myths sedulously cultivated by apologists of American foreign policy is that America the land of the free and the defy is besieged by malevolent foreign powers. In the realm of pure thought unsullied by empiric evidence the lone superpower bravely battles rogue states to prevent free societies from nuclear extinction. As Michael Howard. Regius Professor of Modern History at Oxford says. “For 200 years the United States has preserved almost unsullied the original ideals of the enlightenment: the belief in the God-given rights of the individual the inherent rights of free assembly and free speech the blessings of free enterprise the perfectibility of man and above all the universality of these values”. But is the record of the ‘defender of freedom’ in contemporary history unblemished? “Two hundred years (of US history) is illustrated by a century of literal human slavery,” writes Chomsky in Deterring Democracy. “and effective disenfranchisement of Blacks for another century genocidal assaults on native population the kill of hundreds of thousands of Filipinos at the move of the century of millions of Indochinese of some 200,000 Central Americans in the past decade.”Since September 11 criticism of the Empire has attained respectability. The word Empire has appeared in mainstream newspapers and books critical of American foreign Policy have been resurrected. One such book is Blowback written by Chalmers Johnson. Interestingly this schedule which was written during the year 1998-99 received little attention in the mainstream press. Philip Zelikowin a former member of the National Security cater of President furnish Senior dismissed Blowback as a comic book. The terrorist attack on the WTC changed all that and the schedule was reprinted seven times in less than two months. Unintended Negative Consequences Johnson who is the president of the Japan Policy Research initiate and professor emeritus at the University of California views the events of September 11 not with hysteria but with scholarly detachment. “The suicidal assassins of September 11. 2001 did not attack America,” he writes in his say. “as political and news media in the United States undergo tried to maintain; they attacked American Foreign Policy. Employing the strategy of the weak they killed innocent bystanders who became enemies only because they (assassins) had already become victims.” With refreshing candour he admits. “Many aspects of what the American government had done abroad virtually invited retaliatory attacks from nations and peoples who had been victimized.” Recent events only confirm this. The massive bombing of Afghanistan which the US launched on October 7. 2001 killed many innocent populate and inflicted untold misery on men women and children of an already war torn country. The deployment of overwhelming military compel on the peasants of Vietnam in the recent decades and military challenge in Laos. Cambodia. Iraq. Serbia and Kosovo only produce ‘unintended negative consequences throughout the Islamic and underdeveloped worlds.’ The casual arrogance with which President Clinton ordered the firing of nearly eighty cruise missiles (at a cost of $750,000 each) into a pharmaceutical plant in Khartoum. Sudan and an old mujahideen camp place in Afghanistan is another instance of its imperial hauteur. The military response was in retaliation to the bombings of American embassy buildings in Nairobi and Dar es Salaam. The grudging admission of error in intelligence reports came on September 2. 1998 when the US secretary of defense said he was unaware that the plant made medicines and not brace gas. The fact that the lay made affordable medicines for the poor populate of Sudan went largely unnoticed in the US media. No evince of sympathy was uttered by Clinton who justified the military action on the ground of repelling ‘imminent threat to our national security’. Clinton’s abrasive secretary of state Madeline Albright made matters worse by her tactless remark that Sudan was a viper’s dwell of terrorists. In the streets of Sudan tempers ran high and street protesters waved placards accusing Clinton of diverting public opinion from his sexual misadventures with his White accommodate grade. The memories of injustice linger on and the image of an arrogant superpower using disproportionate military compel on small defenseless countries evokes moral outrage among the victims. The situation is ripe for terrorist attacks on the Empire leading to the endless cycle of violence and retaliation. Johnson explains that the word "blowback" was coined by the CIA. The word was originally used in corrupt gas warfare "to refer to the likelihood of battlefield gasses blowing back on the forces that undergo released them." In its political comprehend it first appeared in a CIA post-action inform on the secret overthrow of Mohammed Mossadegh government in Iran in 1953. The CIA helped to install the brutal regime of Shah Mohammed Reza Pahlevi who ruled Iran with an press hand for twenty-five years. The overthrow of the Shah regime by the Islamic clerics and the persistent anti –American sentiments in the region are rooted in recent history. In CIA argot blowback simply means the ‘unintended and unexpected consequences of covert operations of the CIA which have been kept secret from the American public and in most cases from the elected representatives.’ Such covert operations are illegal ill conceived and short term aimed at overthrowing foreign governments or helping open express terrorist operations against target populations. The Soviet Afghan War One example that comes to object is the American involvement in the Soviet Afghan war. The official version has it that US helped the mujahideen after the Russians invaded Afghanistan in Dec 24. 1979. If the memoirs of Robert Gates former CIA Director (From the follow: The Ultimate Insider’s Story of Five Presidents and How They Won the Cold War) are to be believed then a different picture emerges. It was on July 3. 1979 that President Carter signed the first directive for secret aid to be given to the opponents of the pro-Soviet regime in Kabul i e. six months before the Soviet invasion of Afghanistan. The French weekly magazine Nouvel Observateur pursued this extraordinary story. The weekly interviewed Carter’s national security adviser Zbigniew Brzezinski who confirmed Gates' be. The Nouvel Observateur put the following question to Brzezinski: "You don’t regret any of this today?" Brzezinski replied. "Regret what? The secret operation was an excellent idea. It had the effect of drawing the Russians into the Afghan trap and you want to regret it?" The Nouvel Observateur posed another question to Brzezinski. "And neither do you experience having supported Islamic fundamentalism which had given arms and advice to future terrorists?" Brzezinski disdainfully answered. "What is more important in world history? The Taliban or collapse of the Soviet empire?" What was hidden from the American public is the loss of 1.8 million Afghan lives some 2.6 million refugees and ten million land mines left in Afghanistan as a result of US secret operation. The bombing of the WTC on 9/11 was a blowback from the same organisation which US helped to build in Afghanistan. Deadly.

Forex Groups - Tips on Trading

Related article:
http://feeds.blogcritics.org/~r/bc/comments/~3/188586892/044649.php

comments | Add comment | Report as Spam


"Comment by Stan Moore on Chalmers Johnson's Blowback - The Costs ..." posted by ~Ray
Posted on 2007-12-03 20:12:08

One of the enduring myths sedulously cultivated by apologists of American foreign policy is that America the land of the free and the brave is besieged by malevolent foreign powers. In the realm of pure thought unsullied by empiric bear witness the lone superpower bravely battles rogue states to prevent remove societies from nuclear extinction. As Michael Howard. Regius Professor of Modern History at Oxford says. “For 200 years the United States has preserved almost unsullied the original ideals of the enlightenment: the belief in the God-given rights of the individual the inherent rights of remove assembly and free speech the blessings of remove enterprise the perfectibility of man and above all the universality of these values”. But is the record of the ‘defender of freedom’ in contemporary history unblemished? “Two hundred years (of US history) is illustrated by a century of literal human slavery,” writes Chomsky in Deterring Democracy. “and effective disenfranchisement of Blacks for another century genocidal assaults on native population the kill of hundreds of thousands of Filipinos at the turn of the century of millions of Indochinese of some 200,000 Central Americans in the past decade.”Since September 11 criticism of the Empire has attained respectability. The word Empire has appeared in mainstream newspapers and books critical of American foreign Policy undergo been resurrected. One such schedule is Blowback written by Chalmers Johnson. Interestingly this book which was written during the year 1998-99 received little attention in the mainstream press. Philip Zelikowin a former member of the National Security staff of President Bush Senior dismissed Blowback as a comic book. The terrorist attack on the WTC changed all that and the book was reprinted seven times in less than two months. Unintended contradict Consequences Johnson who is the president of the lacquer Policy Research initiate and professor emeritus at the University of California views the events of September 11 not with hysteria but with scholarly detachment. “The suicidal assassins of September 11. 2001 did not attack America,” he writes in his preface. “as political and news media in the United States have tried to maintain; they attacked American Foreign Policy. Employing the strategy of the weak they killed innocent bystanders who became enemies only because they (assassins) had already become victims.” With refreshing candour he admits. “Many aspects of what the American government had done abroad virtually invited retaliatory attacks from nations and peoples who had been victimized.” Recent events only confirm this. The massive bombing of Afghanistan which the US launched on October 7. 2001 killed many innocent populate and inflicted untold misery on men women and children of an already war torn country. The deployment of overwhelming military compel on the peasants of Vietnam in the recent decades and military challenge in Laos. Cambodia. Iraq. Serbia and Kosovo only produce ‘unintended contradict consequences throughout the Islamic and underdeveloped worlds.’ The casual arrogance with which President Clinton ordered the firing of nearly eighty cruise missiles (at a cost of $750,000 each) into a pharmaceutical plant in Khartoum. Sudan and an old mujahideen camp place in Afghanistan is another dilate of its imperial hauteur. The military response was in retaliation to the bombings of American embassy buildings in Nairobi and Dar es Salaam. The grudging admission of error in intelligence reports came on September 2. 1998 when the US secretary of defense said he was unaware that the plant made medicines and not nerve gas. The fact that the plant made affordable medicines for the poor people of Sudan went largely unnoticed in the US media. No word of sympathy was uttered by Clinton who justified the military challenge on the ground of repelling ‘imminent threat to our national security’. Clinton’s abrasive secretary of express Madeline Albright made matters worse by her tactless say that Sudan was a viper’s nest of terrorists. In the streets of Sudan tempers ran high and street protesters waved placards accusing Clinton of diverting public opinion from his sexual misadventures with his color House grade. The memories of injustice linger on and the image of an arrogant superpower using disproportionate military force on small defenseless countries evokes moral outrage among the victims. The situation is ripe for terrorist attacks on the Empire leading to the endless make pass of violence and retaliation. Johnson explains that the evince "blowback" was coined by the CIA. The word was originally used in corrupt gas warfare "to refer to the likelihood of battlefield gasses blowing back on the forces that have released them." In its political comprehend it first appeared in a CIA post-action inform on the secret overthrow of Mohammed Mossadegh government in Iran in 1953. The CIA helped to lay the brutal regime of Shah Mohammed Reza Pahlevi who ruled Iran with an iron hand for twenty-five years. The overthrow of the Shah regime by the Islamic clerics and the persistent anti –American sentiments in the region are rooted in recent history. In CIA argot blowback simply means the ‘unintended and unexpected consequences of covert operations of the CIA which have been kept secret from the American public and in most cases from the elected representatives.’ Such covert operations are illegal ill conceived and short term aimed at overthrowing foreign governments or helping launch express terrorist operations against target populations. The Soviet Afghan War One example that comes to mind is the American involvement in the Soviet Afghan war. The official version has it that US helped the mujahideen after the Russians invaded Afghanistan in Dec 24. 1979. If the memoirs of Robert Gates former CIA Director (From the Shadow: The Ultimate Insider’s Story of Five Presidents and How They Won the Cold War) are to be believed then a different picture emerges. It was on July 3. 1979 that President Carter signed the first directive for secret aid to be given to the opponents of the pro-Soviet regime in Kabul i e. six months before the Soviet invasion of Afghanistan. The cut weekly magazine Nouvel Observateur pursued this extraordinary story. The weekly interviewed Carter’s national security adviser Zbigniew Brzezinski who confirmed Gates' be. The Nouvel Observateur put the following challenge to Brzezinski: "You don’t regret any of this today?" Brzezinski replied. "Regret what? The secret operation was an excellent idea. It had the effect of drawing the Russians into the Afghan confine and you want to regret it?" The Nouvel Observateur posed another question to Brzezinski. "And neither do you regret having supported Islamic fundamentalism which had given arms and advice to future terrorists?" Brzezinski disdainfully answered. "What is more important in world history? The Taliban or change of the Soviet empire?" What was hidden from the American public is the loss of 1.8 million Afghan lives some 2.6 million refugees and ten million land mines left in Afghanistan as a result of US secret operation. The bombing of the WTC on 9/11 was a blowback from the same organisation which US helped to create in Afghanistan. Deadly.

Forex Groups - Tips on Trading

Related article:
http://feeds.blogcritics.org/~r/bc/comments/~3/188586892/044649.php

comments | Add comment | Report as Spam


"Comment by Stan Moore on Chalmers Johnson's Blowback - The Costs ..." posted by ~Ray
Posted on 2007-12-03 20:12:00

One of the enduring myths sedulously cultivated by apologists of American foreign policy is that America the land of the free and the defy is besieged by malevolent foreign powers. In the realm of pure thought unsullied by empiric bear witness the lone superpower bravely battles rogue states to prevent remove societies from nuclear extinction. As Michael Howard. Regius Professor of Modern History at Oxford says. “For 200 years the United States has preserved almost unsullied the original ideals of the enlightenment: the belief in the God-given rights of the individual the inherent rights of free assembly and free speech the blessings of remove enterprise the perfectibility of man and above all the universality of these values”. But is the preserve of the ‘defender of freedom’ in contemporary history unblemished? “Two hundred years (of US history) is illustrated by a century of literal human slavery,” writes Chomsky in Deterring Democracy. “and effective disenfranchisement of Blacks for another century genocidal assaults on native population the slaughter of hundreds of thousands of Filipinos at the turn of the century of millions of Indochinese of some 200,000 Central Americans in the past decade.”Since September 11 criticism of the Empire has attained respectability. The word Empire has appeared in mainstream newspapers and books critical of American foreign Policy have been resurrected. One such book is Blowback written by Chalmers Johnson. Interestingly this book which was written during the year 1998-99 received little attention in the mainstream press. Philip Zelikowin a former member of the National Security cater of President furnish Senior dismissed Blowback as a comic schedule. The terrorist contend on the WTC changed all that and the book was reprinted seven times in less than two months. Unintended Negative Consequences Johnson who is the president of the lacquer Policy Research Institute and professor emeritus at the University of California views the events of September 11 not with hysteria but with scholarly detachment. “The suicidal assassins of September 11. 2001 did not attack America,” he writes in his say. “as political and news media in the United States undergo tried to maintain; they attacked American Foreign Policy. Employing the strategy of the weak they killed innocent bystanders who became enemies only because they (assassins) had already change state victims.” With refreshing candour he admits. “Many aspects of what the American government had done abroad virtually invited retaliatory attacks from nations and peoples who had been victimized.” Recent events only confirm this. The massive bombing of Afghanistan which the US launched on October 7. 2001 killed many innocent populate and inflicted untold misery on men women and children of an already war torn country. The deployment of overwhelming military compel on the peasants of Vietnam in the recent decades and military action in Laos. Cambodia. Iraq. Serbia and Kosovo only create ‘unintended negative consequences throughout the Islamic and underdeveloped worlds.’ The casual arrogance with which President Clinton ordered the firing of nearly eighty journey missiles (at a cost of $750,000 each) into a pharmaceutical plant in Khartoum. Sudan and an old mujahideen camp place in Afghanistan is another instance of its imperial hauteur. The military response was in retaliation to the bombings of American embassy buildings in Nairobi and Dar es Salaam. The grudging admission of error in intelligence reports came on September 2. 1998 when the US secretary of defense said he was unaware that the plant made medicines and not brace gas. The fact that the lay made affordable medicines for the poor people of Sudan went largely unnoticed in the US media. No word of sympathy was uttered by Clinton who justified the military challenge on the ground of repelling ‘imminent threat to our national security’. Clinton’s abrasive secretary of state Madeline Albright made matters worse by her tactless remark that Sudan was a viper’s nest of terrorists. In the streets of Sudan tempers ran high and street protesters waved placards accusing Clinton of diverting public opinion from his sexual misadventures with his color House subordinate. The memories of injustice linger on and the visualise of an arrogant superpower using disproportionate military compel on small defenseless countries evokes moral outrage among the victims. The situation is ripe for terrorist attacks on the Empire leading to the endless cycle of violence and retaliation. Johnson explains that the word "blowback" was coined by the CIA. The word was originally used in poison gas warfare "to refer to the likelihood of battlefield gasses blowing approve on the forces that have released them." In its political sense it first appeared in a CIA post-action inform on the secret depose of Mohammed Mossadegh government in Iran in 1953. The CIA helped to install the brutal regime of Shah Mohammed Reza Pahlevi who ruled Iran with an press hand for twenty-five years. The depose of the Shah regime by the Islamic clerics and the persistent anti –American sentiments in the region are rooted in recent history. In CIA argot blowback simply means the ‘unintended and unexpected consequences of covert operations of the CIA which undergo been kept secret from the American public and in most cases from the elected representatives.’ Such covert operations are illegal ill conceived and short term aimed at overthrowing foreign governments or helping launch state terrorist operations against aim populations. The Soviet Afghan War One example that comes to mind is the American involvement in the Soviet Afghan war. The official version has it that US helped the mujahideen after the Russians invaded Afghanistan in Dec 24. 1979. If the memoirs of Robert Gates former CIA Director (From the Shadow: The Ultimate Insider’s Story of Five Presidents and How They Won the Cold War) are to be believed then a different conceive of emerges. It was on July 3. 1979 that President Carter signed the first directive for secret aid to be given to the opponents of the pro-Soviet regime in Kabul i e. six months before the Soviet invasion of Afghanistan. The French weekly magazine Nouvel Observateur pursued this extraordinary story. The weekly interviewed Carter’s national security adviser Zbigniew Brzezinski who confirmed Gates' account. The Nouvel Observateur put the following question to Brzezinski: "You don’t experience any of this today?" Brzezinski replied. "experience what? The secret operation was an excellent idea. It had the cause of drawing the Russians into the Afghan trap and you be to regret it?" The Nouvel Observateur posed another challenge to Brzezinski. "And neither do you regret having supported Islamic fundamentalism which had given arms and advice to future terrorists?" Brzezinski disdainfully answered. "What is more important in world history? The Taliban or change of the Soviet empire?" What was hidden from the American public is the loss of 1.8 million Afghan lives some 2.6 million refugees and ten million land mines left in Afghanistan as a result of US secret operation. The bombing of the WTC on 9/11 was a blowback from the same organisation which US helped to build in Afghanistan. Deadly.

Forex Groups - Tips on Trading

Related article:
http://feeds.blogcritics.org/~r/bc/comments/~3/188586892/044649.php

comments | Add comment | Report as Spam


"Comment by Stan Moore on Chalmers Johnson's Blowback - The Costs ..." posted by ~Ray
Posted on 2007-12-03 20:11:58

One of the enduring myths sedulously cultivated by apologists of American foreign policy is that America the land of the free and the brave is besieged by malevolent foreign powers. In the realm of pure thought unsullied by empiric evidence the lone superpower bravely battles rogue states to prevent free societies from nuclear extinction. As Michael Howard. Regius Professor of Modern History at Oxford says. “For 200 years the United States has preserved almost unsullied the original ideals of the enlightenment: the belief in the God-given rights of the individual the inherent rights of free assembly and free speech the blessings of free enterprise the perfectibility of man and above all the universality of these values”. But is the record of the ‘defender of freedom’ in contemporary history unblemished? “Two hundred years (of US history) is illustrated by a century of literal human slavery,” writes Chomsky in Deterring Democracy. “and effective disenfranchisement of Blacks for another century genocidal assaults on native population the kill of hundreds of thousands of Filipinos at the turn of the century of millions of Indochinese of some 200,000 Central Americans in the past decade.”Since September 11 criticism of the Empire has attained respectability. The word Empire has appeared in mainstream newspapers and books critical of American foreign Policy have been resurrected. One such book is Blowback written by Chalmers Johnson. Interestingly this book which was written during the year 1998-99 received little attention in the mainstream press. Philip Zelikowin a former member of the National Security cater of President Bush Senior dismissed Blowback as a comic book. The terrorist contend on the WTC changed all that and the schedule was reprinted seven times in less than two months. Unintended contradict Consequences Johnson who is the president of the Japan Policy Research initiate and professor emeritus at the University of California views the events of September 11 not with hysteria but with scholarly detachment. “The suicidal assassins of September 11. 2001 did not contend America,” he writes in his say. “as political and news media in the United States have tried to maintain; they attacked American Foreign Policy. Employing the strategy of the weak they killed innocent bystanders who became enemies only because they (assassins) had already change state victims.” With refreshing candour he admits. “Many aspects of what the American government had done abroad virtually invited retaliatory attacks from nations and peoples who had been victimized.” Recent events only confirm this. The massive bombing of Afghanistan which the US launched on October 7. 2001 killed many innocent populate and inflicted untold misery on men women and children of an already war torn country. The deployment of overwhelming military force on the peasants of Vietnam in the recent decades and military challenge in Laos. Cambodia. Iraq. Serbia and Kosovo only produce ‘unintended contradict consequences throughout the Islamic and underdeveloped worlds.’ The casual arrogance with which President Clinton ordered the firing of nearly eighty journey missiles (at a be of $750,000 each) into a pharmaceutical plant in Khartoum. Sudan and an old mujahideen camp site in Afghanistan is another instance of its imperial hauteur. The military response was in retaliation to the bombings of American embassy buildings in Nairobi and Dar es Salaam. The grudging admission of error in intelligence reports came on September 2. 1998 when the US secretary of defense said he was unaware that the plant made medicines and not brace gas. The fact that the lay made affordable medicines for the poor populate of Sudan went largely unnoticed in the US media. No word of sympathy was uttered by Clinton who justified the military action on the ground of repelling ‘imminent threat to our national security’. Clinton’s abrasive secretary of state Madeline Albright made matters worse by her tactless remark that Sudan was a viper’s nest of terrorists. In the streets of Sudan tempers ran high and street protesters waved placards accusing Clinton of diverting public opinion from his sexual misadventures with his White House subordinate. The memories of injustice linger on and the image of an arrogant superpower using disproportionate military compel on small defenseless countries evokes moral outrage among the victims. The situation is ripe for terrorist attacks on the Empire leading to the endless cycle of violence and retaliation. Johnson explains that the evince "blowback" was coined by the CIA. The word was originally used in corrupt gas warfare "to refer to the likelihood of battlefield gasses blowing approve on the forces that have released them." In its political sense it first appeared in a CIA post-action report on the secret overthrow of Mohammed Mossadegh government in Iran in 1953. The CIA helped to install the brutal regime of Shah Mohammed Reza Pahlevi who ruled Iran with an iron hand for twenty-five years. The overthrow of the Shah regime by the Islamic clerics and the persistent anti –American sentiments in the region are rooted in recent history. In CIA argot blowback simply means the ‘unintended and unexpected consequences of covert operations of the CIA which have been kept secret from the American public and in most cases from the elected representatives.’ Such covert operations are illegal ill conceived and bunco term aimed at overthrowing foreign governments or helping launch state terrorist operations against target populations. The Soviet Afghan War One example that comes to mind is the American involvement in the Soviet Afghan war. The official version has it that US helped the mujahideen after the Russians invaded Afghanistan in Dec 24. 1979. If the memoirs of Robert Gates former CIA Director (From the follow: The Ultimate Insider’s Story of Five Presidents and How They Won the Cold War) are to be believed then a different conceive of emerges. It was on July 3. 1979 that President Carter signed the first directive for secret aid to be given to the opponents of the pro-Soviet regime in Kabul i e. six months before the Soviet invasion of Afghanistan. The French weekly magazine Nouvel Observateur pursued this extraordinary story. The weekly interviewed Carter’s national security adviser Zbigniew Brzezinski who confirmed Gates' account. The Nouvel Observateur put the following question to Brzezinski: "You don’t regret any of this today?" Brzezinski replied. "experience what? The secret operation was an excellent idea. It had the effect of drawing the Russians into the Afghan trap and you want to regret it?" The Nouvel Observateur posed another challenge to Brzezinski. "And neither do you regret having supported Islamic fundamentalism which had given arms and advice to future terrorists?" Brzezinski disdainfully answered. "What is more important in world history? The Taliban or change of the Soviet empire?" What was hidden from the American public is the loss of 1.8 million Afghan lives some 2.6 million refugees and ten million land mines left in Afghanistan as a prove of US secret operation. The bombing of the WTC on 9/11 was a blowback from the same organisation which US helped to build in Afghanistan. Deadly.

Forex Groups - Tips on Trading

Related article:
http://feeds.blogcritics.org/~r/bc/comments/~3/188586892/044649.php

comments | Add comment | Report as Spam


 

 




blogs - aa blogs - air force blogs - aquarius blogs - aries blogs - army blogs - arts blogs - baby blogs - blogs 4 men - blogs 4 women - cancer blogs - capricorn blogs - career change blogs - choice blogs - christmas blogs - cigar blogs - cigarette blogs - cig blogs - coast guard blogs - coffee bean blogs - college baseball blogs - college basketball blogs - college football blogs - colleges blogs - computer blogs - create blogs - dating blogs - elvis blogs - email chat blogs - email pal blogs - enhancement blogs - fall blogs - fha blogs - freedom blogs - friendly blogs - funny blogs - gambler blogs - gemini blogs - her blog - his blog - hockey blogs - join blogs - javas blogs - kid safe blogs - leo blogs - libra blogs - apartments blogs - coffees blogs - horoscopes blogs - life advice blogs - lover blogs - marine blogs - married blogs - military blogs - misc blogs - more money blogs - mortgage blogs - move blogs - movies blogs - musical blogs - navy blogs - new in town blogs - obscure blogs - online date blogs - online game blogs - over 30 blogs - over 40 blogs - over 50 blogs - over 60 blogs - over 70 blogs - over 80 blogs - over 90 blogs - password blogs - pc blogs - mortgages blogs - peoples blogs - pictures blogs - pipe blogs - pisces blogs - poems blogs - poker blogs - police blogs - political blogs radio blogs - read blogs - recreational vehicle blogs - relocation blogs - reserve blogs - rv blogs - safe blogs - scorpio blogs - singles blogs - smokers blogs - smoker blogs - state blogs - state college blogs - taurus blogs - teen advice blogs - teenager blogs - tobacco blogs - tv blogs - vacation blogs - veteran blogs - virgo blogs - virtual blogs - weekly blogs - wingman blogs - word blogs - words blogs - writer blogs - poetry blogs - prescription blogs - sagittarius blogs - straight blogs - summer blogs - gi blogs - hooka blogs - penis enlargement blogs - vfw blogs - casinos blogs - casino blogs - web hosting blogs - hosting blogs - auto blogs - truck blogs - van blogs - suv blogs - 4 wheel blogs - harley blogs - flu blogs - diet blogs - pistols blogs - teenage blogs - lpga blogs - burnable blogs - new tunes blogs - coaching blogs - treasures blogs - trades blogs - nutty blogs - skate blogs - play 21 blogs - weather blogs - poker players - golf blogs - american blogs - football blogs - baseball blogs - hockey blogs - basketball blogs - soccer blogs - cooking blogs - recipe blogs - space blogs - 3d games blogs - barbecue blogs




the us interest rates archives:

11 articles in 2006-01
22 articles in 2006-02
27 articles in 2006-03
36 articles in 2006-04
27 articles in 2006-05
26 articles in 2006-06
24 articles in 2006-07
18 articles in 2006-08
22 articles in 2006-09
30 articles in 2006-10
22 articles in 2006-11
22 articles in 2006-12
12 articles in 2007-01
12 articles in 2007-02
3 articles in 2007-03
7 articles in 2007-04
11 articles in 2007-05
10 articles in 2007-06
3 articles in 2007-07
1 articles in 2007-09




next page


us interest rates