Showing posts with label Britain. Show all posts
Showing posts with label Britain. Show all posts

Thursday, May 10, 2018

Trump Opens Door to Revived Iranian Nuclear Program, Europe Confirms It's America's Bitch, and Israel and Saudi Arabia are Kvelling

Kvelling is Yiddish. It means "to be extraordinarily pleased; especially, to be bursting with pride." Certainly the Israelis and Saudis have reason to be. Both nations are eager for the U.S. to go to war with Iran, and have been pushing the U.S. in that direction for years.

Trump finally carried out his threat to kill the hard-won nuclear agreement with Iran. Two years of negotiations by the U.S., France, Germany, Britain, China, and Russia, all arrayed against Iran, with U.S.-imposed sanctions choking the Iranian economy, produced the best deal that could be squeezed from the theocrats ruling that nation. Iran surrendered ALL its enriched uranium, agreed to permanently shut down a reactor capable of producing plutonium, mothballed its centrifuges, and accepted extremely stringent oversight by the IAEA (International Atomic Energy Agency).  All this to last for 15 years.

If Trump wanted a better deal, he had plenty of time to negotiate one. But he has demagogically insisted for several years that the agreement was the "worst deal ever." A preposterous assertion.

The European "partners" (in reality, they're nothing more than junior lackeys to U.S. Imperialism) pleaded with and cajoled Trump to try to make him see reason, to no avail. French President Emmanuel Macron came all the way to Washington and endured demeaning treatment by Trump (Trump ostentatiously pretending to pick something off Macron's suit in front of the world press and announcing it was "dandruff," forcing Macron to submit to the insult) for absolutely nothing. Britain dispatched their foreign minister, the buffoon Boris Johnson, to Washington to pointlessly lobby various Trump regime apparatchiks on the matter.

Macron addressed the U.S. Congress, delivering a relatively honest speech which no doubt annoyed most of that body.

The Europeans are already caving in, reaffirming their status as the U.S.' bitch. This proves that the European Union is a bust. It was supposed to allow Europe to swing its proper weight. Instead it is a bad joke. The European bourgeoisie just cannot or will not free themselves from their position of slavish subordination to the U.S.

Trump has made clear that, as usual, foreign corporations must abide by U.S. "law" and conform to U.S. foreign policy. Just a day after Trump wrecked the agreement with Iran, which the U.S. got Russia, China, Germany, Britain, France, and the EU to sign on to against Iran, his Ambassador to Germany is already ordering German companies to shut down their Iranian business operations "immediately." Well, when you're the Boss of the World, you can issue such orders.

Unless companies want to quit the U.S. market, which is many times the size of the Iranian one, AND subject themselves to ruinous U.S. "fines," AND risk criminal indictments of the company and its executives, effectively confining those executives to their home countries or risk arrest and extradition to the U.S. to "face American justice" (decades in prison) for refusing to be agents of U.S. Imperialist foreign policy, these non-U.S. businesses have to knuckle under to U.S. diktat.

Some U.S. media "commentators" are fatuously saying canceling the agreement of the U.S. government was Trump "making good on a campaign pledge." As if Trump feels an obligation to keep his word on anything. And he made numerous pledges to snooker people into voting for him- all the good ones he has reneged on, only keeping the venal ones. (As I expected.)

Here are some choice excerpts that the bombastic  blustering bullyboy Trump spewed in making his announcement on May 8th:

Trump- "this deal is catastrophic for America, for Israel, and for the whole Middle East."

He sneered at "the decaying and rotten structure of the current deal." (Reminds me of Adolf Hitler "freeing" Germany from the "shackles" of the rotten Versailles Treaty.)

Trump says the new deal he pretends he'll force on Iran "will benefit all of Iran and the Iranian people." (I'm sure he cares so much about the Iranian people! This is a guy who's trying to ban all Muslims from the U.S.) He wants to throw in "terrorism" and Iranian "meddling" in Syria and Yemen as part of new demands on Iran.

Trump threatens "any nation" that aids "Iran in its [non-existent] quest for a nuclear weapon" will also get slammed with U.S. sanctions.

Of course, Iran wasn't developing nuclear weapons, it was developing the capability to develop such weapons. And right now, iran isn't even doing THAT!

But the lying jackass demagogue who is president of the U.S. Empire could care less about facts, as he has shown throughout his entire adult life. Nor did the U.S. media bother informing the millions who are forced to rely on it for information that what Trump said was false. For all their bleatings about his "lies," they reinforce some of his lies.

Iran now has to decide whether to accept being completely ripped off, having surrendered its nuclear program (mainly consisting of uranium enrichment) for nothing, or restart it. Trump is making gangster threats implying violence. Many imperialists in the U.S. and Israel, and the evil, medieval rulers of Saudi Arabia, have long been urging the U.S. to bomb Iran. (Dying U.S. Senator John McCain would love to see that.)

Iran's major commodity is, of course, oil. And since oil is traded on the international market in U.S. dollars, and the U.S. Treasury Department controls dollar transactions, that makes it extremely difficult for Iran to sell its oil without U.S. permission. So the U.S. has Iran over a barrel, so to speak. (One of Saddam Hussein's fatal mistakes was floating the idea of using a medium of exchange other than the U.S. dollar for oil transactions. The U.S. tends to react violently to impingements on its power.)

The Israelis and Saudis are eager for the U.S. to wage war on Iran, especially a bombing campaign. Terrorism ("covert action") would also be part of the war. The U.S. under Obama infiltrated Special Forces teams into Iran to plant surveillance devices, including radiation monitors disguised as bricks in walls, and spy gadgets to monitor truck traffic disguised as rocks. The Israelis of course were busily assassinating Iranian nuclear scientists, creating terror to discourage Iranian scientists from participating in nuclear research. And Obama infiltrated the Stuxnet malware into Iran's nuclear program computer system, destroying centrifuges.

Understand that it is official U.S. policy to overthrow the Iranian government. (This would be the second time they did that, the first being in 1953, which destroyed Iranian democracy.)  The U.S. is still bitter that the client dictator it installed in 1953, the Shah, was overthrown in 1979. And while the quarter million Iranians who died under the brutal reign of the Shah are never, ever mentioned in U.S. media, they still reference the so-called "hostage crisis," when the apparatchiks in the U.S. embassy in Tehran were  seized and held for 444 days, and the U.S. media engaged in a daily drumbeat of hysterical propaganda about it. ABC "News" even started an entire evening program devoted to the "crisis," which became "Nightline," hosted by Kissinger maven Ted Koppel. What's never said, what has been consigned to the memory hole, is why Iran seized the U.S. apparatchiks. Obviously a key part of the story. But not in the U.S. propaganda version of it.

Iran warned the Jimmy Carter regime not to give sanctuary to the fleeing. Shah. Then Henry Kissinger called the president of the U.S. and transmitted an order from David Rockefeller, a man at the apex of the U.S. ruling class, that Carter must allow the Shah in. Carter protested that there would be bad consequences, but obeyed his master. (Carter was chosen to be president in 1976 by the Rockefeller-created Trilateral Commission, which assigned Zbigniew Brzezinski as Carter's "national security advisor." Brzezinski went on the engineer the Soviet invasion of Afghanistan, something he has boasted about. Time magazine, an organ run by Trilateral Commission members, presented Carter to the American public as the second coming of JFK.)

Well, the "hostage-taking" duly followed the Shah's entry into the U.S., the resulting media-generated "crisis" ultimately cost Carter re-election. And the racist neo-fascist Ronald Reagan, running against Carter in the 1980 election, made a sub rosa deal with the Khomeini regime to only free the U.S. personnel minutes after Carter was no longer president.

Now back to the present. What of the non-U.S. lackey nations that are a party to the nuclear agreement with Iran, China and Russia? They too operate under the oppressive umbrella of the U.S.-controlled global financial system. [1]

And the U.S. has a veritable galaxy of laws, rules, and regulations that give it infinite power over the financial transactions of others. No bank that wishes to do transactions outside its home country's boundaries can defy the U.S. People and companies that have never set foot in the U.S. or done any action inside the U.S. are routinely indicted by the U.S. and either extradited or kidnapped to "face justice" inside the U.S. and ultimately be subjected to often draconian sentences imprisoned in the vast U.S. gulag. (The U.S., with about 4.7% of the world's population, holds 25% of the entire planet's prisoners. The U.S. imprisoners a higher percentage of its adult population- close to 1%- than any nation on earth. China, a country with four times the population of the U.S., has slightly fewer prisoners.)

The U.S. considers its laws binding on everyone on earth- and indeed enforces them. The railroading of the Russian arms dealer Viktor Bout, who was set up in Thailand by U.S. DEA (Drug Enforcement Administration) agents pretending to be arms buyers for  the Colombian rebel group FARC, and who now sits in a U.S. prison, is one of many examples. (What the hell is an alleged drug agency doing setting up fake arms deals to entrap foreign citizens? Good questions.) Britain has shipped hapless citizens to the U.S. to face bogus charges, to the outrage of its own media and public.

So what does Europe do when its arms are twisted by the U.S.? It says "Uncle!" Europe is paying the economic price for U.S.-imposed sanctions on Russia to punish Russia for "meddling" in Ukraine. The U.S. has fined Europe's banks billions of dollars in a shakedown racket for violating sanctions on countries the U.S. doesn't like. (Other nation's banks have been hit too. See chart.)

But the cowardly bourgeois rulers of Europe are good at one thing: punching down. They sure know how to oppress their own people, as the corrupt Spanish government of the Francoist Mariano Rajoy is doing in Catalonia, or as the remorseless British Prime Minister Theresa May is doing, deporting tens of thousands of Commonwealth citizens who came to Britain legally decades ago and are now being reclassified as "illegal" because the British government failed to issue them documents when they arrived. Theresa May, the architect of the Grenfell Towers Fire massacre who slashed funding for fire and police protection starting in her previous job as Interior Secretary. (A job in which she began the targeting of immigrants.)

Anyway, sit back and enjoy the coming war between Iran and the U.S./Israel/Saudi Arabia. Iran is not completely alone. It is fighting side by side with Russia in Syria to prop up the murderous Assad regime. It also has the loyal support of Lebanon's Hezbollah movement and militia. (The Israelis have been busily bombing Iranian weapons shipments in Syria they claim are destined for Hezbollah.) Every time Iran counterattacks, except the propagandists and governments of the U.S. side to shriek "IRANIAN TERRORISM!"

Israel has wasted no time lighting the fuse. Today they bombed fifty Iranian targets inside Syria, using as justification an alleged Iranian missile fired into the Golan Heights (former Syrian territory that Israel conquered in the 1967 war). No mention in U.S. (and other "Western") media that this follows months of Israeli bombing raids on Iranian targets inside Syria, with no response from Iran at all until now, with the alleged missile. (Or 20 missiles, as CBS later asserted. CBS is virtually a propaganda arm of the Israeli government in the U.S.) Israel threatened more to come if the Iranians don't take it lying down. Russia has expressed alarm over the Israeli pummeling.

This war, if it comes, will go on for years. Like some other wars the U.S. started in the region, eh?


1]  The U.S. isn't even satisfied with controlling the world's financial system. It even has to spy on everybody and hack into bank computers. Even SWIFT, the system for international bank transactions, was hacked by the NSA. (Society for Worldwide Interbank Financial Telecommunication- SWIFT. SWIFT has cut off Iran's banks from the rest of the world, on U.S. orders.)




Friday, April 06, 2018

Good News About Trump: Foreign View of U.S. Now More Realistic

A recent Pew poll of citizens of non-U.S.nations finds a precipitous decline in the "favorable" view of the U.S. under president Donald "Huge Narcissist" Trump. Only about a quarter of people polled outside the U.S. have a "favorable" opinion of the U.S. under Trump.

This is good news. Under Obama, millions, maybe billions, of credulous idiots around the world were taken in by the clever, dangerous con man Barack "The Drone Assassin" Obama and had a "favorable" view of the violently imperialist, destructive U.S. The Trump results contrast with an unbelievable 60% who thought well of the U.S. during the Obama regime. Europeans in particular are stubborn fans of the criminal Obama, a sneaky, evil man who greatly strengthened the secret police state here, among numerous other crimes against humanity. He was also a brutal repressor of dissent, which is of a piece with perfecting a secret police state.

Of course, since the U.S. is mostly (but not entirely) a force for evil in the world, it is more realistic to have an "unfavorable" view of the U.S. Unfortunately international public opinion is totally subjective and swings like a weathervane according to the subjective impression of the likeability of whoever happens to be the Chief Imperialist of the U.S. at the moment.

Going against the trend, Russians had a more favorable opinion of the U.S. under Trump. This has yet to be justified by real changes in U.S. policy towards Russia. Trump has not eased sanctions against Russia, imposed to punish Russia for daring to resist the U.S.-bloc's political annexation of Ukraine. In Syria there is real conflict between the U.S. and Russia, with Russia supporting the murderous Assad regime with combat aircraft, and the U.S. fighting ISIS and other Islamist groups (while assiduous avoiding fighting the Assad regime). The U.S. just shot down an Assad regime warplane that was attacking or threatening U.S.-allied forces and their U.S. helpers on the ground. Russia responded by announcing that henceforth U.S. planes over Syria would be "targets." (An ambiguous term which implies they might be fired upon.) And Russia has ended communications with the U.S. military over Syria, which had been used to avoid aerial conflict by the two nations' warplanes over Syria as they bomb their chosen targets- the Russians to help Assad, the U.S. targeting ISIS etc. However, Trump conspicuously did not carry on the hostile anti-Russian tone of the Obama regime. Trump's reluctance to get with the anti-Russian program of U.S. elites is the main reason he is under relentless attack by an unholy alliance of the Democratic, Party, the corporate media, and the main secret police agencies (FBI, CIA, NSA).

The BBC also just announced the results of their own poll of 36,000 people in various countries. Only a third thought the U.S. was a force for good. (Amazing that a third of the world's people STILL don't get it!) Canada came out on tops as a Good Guy nation. Britain ranked down with the U.S. That should be no surprise, since the British ruling class has tied their nation tightly to the U.S. ever since World War II, like Odysseus bound to the mast of his ship to enjoy the sweet singing of the Sirens without hurling himself to his own doomed, lured by their irresistible voices. The British similarly were lured by the self-deception that the U.S. would serve their imperialist interests, and not vice versa as it turned out. Their innate snobbery caused them to underestimate the savvy of the American imperialists.

Now Israel, on the other hand, has the U.S. wrapped around its little finger! And that's almost entirely down to the power of organized Jews in the U.S. The Anglophile WASP elite of the U.S. didn't deliver for "Great" Britain what some Jews in the U.S. have done!

An oddity of history: a small nation dominating a much larger, much more powerful one. May be unique in the annals of nations.





Wednesday, July 05, 2017

Good News About Trump: Foreign View of U.S. Now More Realistic

A new Pew poll of citizens of non-U.S.nations finds a precipitous decline in the "favorable" view of the U.S. under president Donald "Huge Narcissist" Trump. Only about a quarter of people polled outside the U.S. have a "favorable" opinion of the U.S. under Trump.

This is good news. Under Obama, millions, maybe billions, of credulous idiots around the world were taken in by the clever, dangerous con man Barack "The Drone Assassin" Obama and had a "favorable" view of the violently imperialist, destructive U.S. The Trump results contrast with an unbelievable 60% who thought well of the U.S. during the Obama regime. Europeans in particular are stubborn fans of the criminal Obama, a sneaky, evil man who greatly strengthened the secret police state here, among numerous other crimes against humanity. He was also a brutal repressor of dissent, which is of a piece with perfecting a secret police state.

Of course, since the U.S. is mostly (but not entirely) a force for evil in the world, it is more realistic to have an "unfavorable" view of the U.S. Unfortunately international public opinion is totally subjective and swings like a weather vane according to the subjective impression of the likeability of whoever happens to be the Chief Imperialist of the U.S. at the moment.

Going against the trend, Russians had a more favorable opinion of the U.S. under Trump. This has yet to be justified by real changes in U.S. policy towards Russia. Trump has not eased sanctions against Russia, imposed to punish Russia for daring to resist the U.S.-bloc's political annexation of Ukraine. In Syria there is real conflict between the U.S. and Russia, with Russia supporting the murderous Assad regime with combat aircraft, and the U.S. fighting ISIS and other Islamist groups (while assiduous avoiding fighting the Assad regime). The U.S. just shot down an Assad regime warplane that was attacking or threatening U.S.-allied forces and their U.S. helpers on the ground. Russia responded by announcing that henceforth U.S. planes over Syria would be "targets." (An ambiguous term which implies they might be fired upon.) And Russia has ended communications with the U.S. military over Syria, which had been used to avoid aerial conflict by the two nations' warplanes over Syria as they bomb their chosen targets- the Russians to help Assad, the U.S. targeting ISIS etc. However, Trump conspicuously did not carry on the hostile anti-Russian tone of the Obama regime. Trump's reluctance to get with the anti-Russian program of U.S. elites is the main reason he is under relentless attack by an unholy alliance of the Democratic, Party, the corporate media, and the main secret police agencies (FBI, CIA, NSA).

The BBC also just announced the results of their own poll of 36,000 people in various countries. Only a third thought the U.S. was a force for good. (Amazing that a third of the world's people STILL don't get it!) Canada came out on tops as a Good Guy nation. Britain ranked down with the U.S. That should be no surprise, since the British ruling class has tied their nation tightly to the U.S. ever since World War II, like Odysseus bound to the mast of his ship to enjoy the sweet singing of the Sirens without hurling himself to his own doomed, lured by their irresistible voices. The British similarly were lured by the self-deception that the U.S. would serve their imperialist interests, and not vice versa as it turned out. Their innate snobbery caused them to underestimate the savvy of the American imperialists.

Now Israel, on the other hand, has the U.S. wrapped around its little finger! And that's almost entirely down to the power of organized Jews in the U.S. The Anglophile WASP elite of the U.S. didn't deliver for "Great" Britain what some Jews in the U.S. have done!

An oddity of history: a small nation dominating a much larger, much more powerful one. May be unique in the annals of nations.


Wednesday, April 05, 2017

Julian Assange Dodges a Bullet in Ecuadorean Presidential Election

They just concluded a presidential election in Ecuador. Julian Assange was granted political asylum by the outgoing president, but the British, being loyal stooges of the U.S., refused to allow him safe passage to Ecuador, so he's been trapped in the Ecuadorean embassy in London for years, surrounded by British police and secret police outside, like a treed animal.

The British want to extradict him to Sweden, not to face charges- contrary to false media reporting, no charges have ever been filed against him- but to be interrogated a second time concerning sexual (mis)behavior. (Failure to use a condom during intercourse.) The Swedes have adamantly refused to question him in Britain. In Sweden he will be automatically locked up in jail during this process. (And you thought Sweden was liberal! Sweden helped the CIA kidnap two Egyptians from Sweden to send them to Egypt for torturing.)

The current vice president, Lenin Moreno, won the election, luckily for Assange, because the rightwing candidate, a rich reactionary banker dog named Guillermo Lasso, vowed to throw Julian Assange out of the Ecuadorean embassy in London into the eager clutches of the British police, from when he would be shipped straight to a Swedish jail cell. 9As I said, NOT because he'd been convicted of a crime, NOT EVEN because he was so much as CHARGED with a crime, but for "investigation." Investigation of not using a condom.)

Banker Lasso, having lost 51-49%, is crying fraud. The BBC says he "is disputing the results and alleging fraud." Unlike what they kept saying about Trump's accusation that Obama wiretapped him, the  BBC DIDN'T say "without evidence," about Lasso's baseless sour grapes/sore loser charge.

Typically, the reactionary attacks the legitimacy of the result. As far as reactionaries are concerned, ONLY THEY have a right to rule. Guillermo accused his predecessor of trying to install an illegitimate government. "Illegitimate" means following policies that reactionaries don't like.

Lasso has called his mobs into the streets to protest the "fraud." Needless to say, if they get violent and have to be suppressed, the U.S. will denounce the "brutal repression" of the government. It will cloak rightwing violence inthe fine verbal garb of free speech, freedom of assembly, human rights, blah blah blah. Same shit it pulled in Ukraine, where fascist mobs were setting policemen on fire and trying to storm government buildings, and Obama demanded that the security forces be ordered to retreat!

Meanwhile, the U.S. blinds and maims Dakota Access pipeline protesters in North Dakota.

The cynicism of U.S. elites is truly vile.


Friday, September 02, 2016

That Trade Treaty Negotiation "Queue" that Obama Sent Britain To the Back Of, Just Got Shorter

Remember that threat Obama made before the UK vote on leaving the EU, the so-called "Brexit"? He said he'd sent Britain to the "back of the queue" (the line in U.S. English- guess Obama was Going Native when he spoke) for negotiating a trade treaty with the U.S. and vowed it would take ten years to reach an agreement. His threat wasn't scary enough to win the day for the global elites opposed to a renewal of British national independence and self-determination (portrayed as racism and xenophobia by the corporate propaganda systems of the UK and U.S.- and they're still at it! [1]).

Well, it looks like Britain just moved up two places in the "queue."

Transatlantic Trade and Investment Partnership negotiations have been declared a failure by top figures in the German and French governments.

As for Obama's secret Trans Pacific Partnership, it is hanging in limbo. Congress will not ratify it before Obama is finally out of the White House this coming January, and the two candidates the two-party dictatorship are offering us as his replacement, Donald "The Narcissist" Trump and Hillary "The Conniver" Clinton, claim to be against it. Trump of course is completely untrustworthy, as is Clinton, and Clinton had to do a complete reversal of her previous support for the malign deal. (All these "free trade" treaties are in fact global corporate hegemony treaties. They are all written to give supremacy of corporations over national governments and supercede national laws. They leave the populations of the countries sold out by their politicians at the mercy of pollutors, labor exploiters, etc.) [2]

Whatever happens, there will at least need to be some renegotiating to disguise the double-cross and betrayal of the campaign promise by the next president.

The Man With The Golden Tongue: The Magic Has Just About Worn Off. At Last.


1]  The Brexit referendum was on June 23, and here it is, over two months later, and the U.S. media are still running anti-Brexit propaganda, such as this op-ed by some limey (no American is named "Sebastian") in the Los Angeles Times, "Britain’s post-Brexit warning for Americans seduced by Trump," September 1, 2016.

2]  For a concise critique from a European Green of the proposed Transatlantic Trade and Investment Partnership (TTIP) which applies equally to the TPP and NAFTA, the notorious North American Free Trade Agreement foisted on people by Hillary's husband and partner in political crime, Bill Clinton, see
"To Free, Or Not To Free," The European, November 26, 2013.

Sunday, July 03, 2016

Same People Who Lecture Us That "Change Is Good" Suddenly Don't Like Change With Brexit

I notice an irony that those creating it are sure to be unconscious of. The same ruling elites that patronizingly purr at the masses under their feet that "change is good," to pacify those masses and disarm them psychologically when the majority, who increasingly have to struggle to keep their heads above water economically, are under attack economically, those elites suddenly don't like change at all when it's a change they don't want. If "change is good," why isn't a change in the European Union good? Why isn't political change in Britain good?

"Change is good" is the narcotic propaganda fed to Americans when "free trade" treaties directly assaulted their economic interests. Told they had to compete against dirt cheap third world labor, "change is good" was one of the propaganda lines spewed by establishment media. Whenever the government of the rich launch a new salvo in the unending class warfare against the rest of us, we are instructed to take it lying down because "change is good."

Well okay then! If "change is good," then stop your WHINING about BREXIT, bourgeoisie! Shut up and suck it up!



Saturday, June 25, 2016

"Hit The Road, (Union) Jack!" Sneer EU Big Shots

In the immediate wake of the vote by the majority of the British electorate two days ago to withdraw Britain from membership in the European Union superstate, the foreign ministers of the 6 founding members of the EU have publicly demanded that negotiations on Britain's exit must be concluded swiftly.

This sort of pulls the rug out from under what the British expected. They were operating on the assumption of a 2 year window during which the status quo would continue and negotiations could be conducted, as per EU treaty.

To be sure, there is some logic to the EU giving Britain the bum's rush. For one thing, it will greatly shorten the period of uncertainty if Britain's exit is expeditiously. effected. For another thing, the EU bosses are worried about their entire project falling to pieces. The sooner to get Britain out, they figure, the better in terms of shoring up the cohesion of the EU with the remaining 27 member nations.

Meanwhile, the "ratings agency" Moody's wasted no time downgrading Britain's sovereign credit rating to "negative outlook." That will result in the British government having to pay higher interest rates to borrow money from the private market. That in turn will create a ripple effect of higher interest rates throughout the British economy, which will slow economic activity. Thus the "experts" predictions of economic damage from Brexit will be effectuated by the same financial elites that made the prediction!

Moody's is treated as a credible, respectable organization, when in fact it is a criminal organization. It is one of the "rating" agencies that made possible the massive mortgage securities fraud that helped precipitate the global financial crisis beginning in 2008. Banks and a crime gang called Countrywide Financial headed by Angelo Mozilo gave mortgages to people they knew wouldn't be able to repay them, packaged the loans into things called Collateralized Debt Obligations, paid "rating" agencies like Moody's to rate them AAA (i.e. the safest investment grade) when in fact they were high-risk, and billions of dollars of this fraudulent garbage was then sold off to suckers. Moody's and its ilk are not just utterly lacking in ethics and integrity, they are racketeering organizations under U.S. criminal law, the RICO law (Racketeer Influenced and Corrupt Organizations). They should have no credibility whatsoever, but instead the establishment power structure, including "the" media, feign amnesia and report their "ratings" today as if they are coming from trustworthy, neutral, objective outfits. (The U.S. government radio propaganda network NPR, for example, has been informing its listeners hourly of Moody's downgrade of Britain, without mentioning any of this.)

The corrupt financial oligarchy that arrogantly rules the planet is now setting out to punish the British for voting "wrong" on Brexit. What is absent is a political party to oppose the coming assault. The Conservatives obviously are the party of the rich. Meanwhile Labour is no longer interested in actually fighting for the interests of the "lower" classes. A third party, the "Liberal Democrats," is completely opportunistic and unprincipled. Finally there is the United Kingdom Independence Party, UKIP, headed by former commodities trader Nigel Farage. Farage has stated his aims- double the prison population, increase military spending, cut social spending, and of course reduce immigration.

Given that London is an important base of global finance capital, there is no chance of a real defense against the punishment to be meted out for the "wrong" result in the referendum.

U.S. Emperor Obama had to pipe up again, repeating his threat that Britain will be at the "back of the line" for cutting a trade deal with the U.S, while also saying how much he values Britain. He's very skillful at talking out of both sides of his mouth simultaneously. And he reassuringly purred that the oh-so-special relationship with Britain is intact. (Translation: the U.S. will still be using Britain as its Bitch, much as Israel uses the U.S. as its.)

Are you enjoying the interesting times we're living in?