All posts by Rich Winkel

Egyptians return to Tahrir Square to protest against military junta

“Tens of thousands of Egyptians have returned to Tahrir Square to protest against the military junta, in one of the biggest protests seen in the country since the toppling of Hosni Mubarak.  Although there have been scattered demonstrations against the ruling generals in recent months, Friday’s rally was the largest and most explicit display of public opposition to the Supreme Council of the Armed Forces (Scaf) since it took power in February this year.

“Reprising many of the slogans that dominated the anti-Mubarak uprising, protesters chanted: “The people want the downfall of the field marshal [referring to the Scaf head, Mohamed Hussein Tantawi]” and “We’re not leaving, he is leaving.”

http://www.guardian.co.uk/world/2011/nov/18/egyptians-return-tahrir-square-protest

The “revolution” was a hoax from the beginning, created and administered by the obama admin.  But you’d have known that months ago if you read this blog.

Ex-Soviet states take first step to ‘Eurasian Union’

“Three ex-Soviet states were Friday to agree the first steps towards creating a Eurasian economic union, a project backed by Russian Prime Minister Vladimir Putin to bind closer the former USSR.  Russian President Dmitry Medvedev and his Kazakhstan and Belarus counterparts Nursultan Nazarbayev and Alexander Lukashenko were to sign a declaration on further economic integration at a summit in Moscow, the Kremlin said in a statement.

“The declaration will set out the ultimate aim (of economic integration) as the creation of a Eurasian economic union,” it said.”

http://www.rawstory.com/rs/2011/11/18/ex-soviet-states-take-first-step-to-eurasian-union/

If they have any sense they’ll take a hint from the USA and EU and avoid debt based currency like the plague that it is.

The Coming U.S. Financial Crisis By The Numbers

“The United States is drowning in a sea of red ink from coast to coast and most Americans have absolutely no idea what is about to happen.  Hopefully you have started to prepare for the coming U.S. financial crisis.  If not, hopefully this article will be a wake up call for you.  Right now, governments all over Europe are on the verge of financial implosion.  Most Americans aren’t paying much attention to that, but they should be, because what is happening to Greece and Italy right now will eventually be happening here.  Just recently, the U.S. national debt passed the 15 trillion dollar mark.  State and local government debt is also at record levels.  Tens of millions of American families are in debt up to their eyeballs, and millions more Americans fell into poverty last year.  Meanwhile, the “too big to fail” banks just keep getting larger and the Federal Reserve continues to inflate the debt bubble.  At some point this debt bubble is going to burst, and when it does it is going to unleash financial hell all over America.

“Below you will find a list of numbers – 1 through 30.  For each number, a statistic has been chosen that demonstrates the financial nightmare that the United States is facing.  It is simply not possible to rack up debt at staggering rates forever.  At some point the debt spiral is going to stop.

“A lot of politicians are claiming that they can stop the coming financial crisis from happening.  But the truth is that unless our entire financial system is fundamentally transformed, nothing is going to be able to stop the financial nightmare that is headed our way.

“Unfortunately, the vast majority of our politicians still believe that the current financial system can be fixed and the vast majority of them still fully support the Federal Reserve.

“That is going to prove to be a gigantic mistake.  The following are 30 facts that show that the United States is heading directly for a massive financial crisis….

“Today, the Fed has $52.5 billion of capital backing a $2.7 trillion balance sheet.  Prior to the bursting of the credit bubble, the public was shocked to learn that our biggest investment banks were levered 30-to-1. When asset values fell, those banks were quickly wiped out. But now the Fed is holding many of the same types of assets and is levered 51-to-1! If the value of their portfolio were to fall by just 2%, the Fed itself would be wiped out.”

http://endoftheamericandream.com/archives/1-through-30-the-coming-u-s-financial-crisis-by-the-numbers

Asia-Pacific: Bilderberg Ramps Up Global War Agenda

The Financial Times reports breathlessly: “Barack Obama will not set foot in China during his swing through the Asia-Pacific region… yet the country’s rapid economic ascent and military advances will provide the backdrop for almost everything he does on the trip.”

Note the assertion that it is China’s “military advances” that are prompting US concerns, not the more reasonable and realistic observation that Washington is the one beating the war drums.

The FT goes on to say: “The Pentagon is quietly working on a new strategy dubbed the AirSea Battle concept, which is designed to find ways to counter Chinese military plans to deny access to US forces in the seas surrounding China.”

http://www.globalresearch.ca/index.php?context=va&aid=27709

Deindustrialization of USA Accelerating

#1 According to U.S. Representative Betty Sutton, America has lost an average of 15 manufacturing facilities a day over the last 10 years.

#2 Sadly, it looks like this trend is picking up momentum.  During 2010, an average of 23 manufacturing facilities a day were shut down in the United States.

#3 Since 2001, the U.S. has lost a total of more than 56,000 manufacturing facilities.

#4 According to the Economic Policy Institute, the U.S. economy loses approximately 9,000 jobs for every $1 billion of goods that are imported from overseas.

#5 The United States has had a negative trade balance every single year since 1976, and since that time the United States has run a total trade deficit of more than 7.5 trillion dollars with the rest of the world.

#6 Back in 1979, there were 19.5 million manufacturing jobs in the United States.  Today, there are 11.6 million.  That represents a decline of 40 percent during a time period when our overall population experienced tremendous growth.

#7 Between December 2000 and December 2010, 38 percent of the manufacturing jobs in Ohio were lost, 42 percent of the manufacturing jobs in North Carolina were lost and 48 percent of the manufacturing jobs in Michigan were lost. ….

http://theeconomiccollapseblog.com/archives/35-facts-about-the-gutting-of-americas-industrial-might-that-should-make-you-very-angry

This is the most obvious indication that actual depopulation is on the wall street agenda.

Austerity & Fascism In Greece

“With all the propaganda we’ve been fed about Greece’s new “austerity” government being staffed by non-ideological “technocrats,” it may come as a surprise that fascists are now considered “technocrats” to the mainstream media and Western banking interests. Then again, history shows that fascists have always been favored by the 1-percenters to deliver the austerity medicine.

http://exiledonline.com/austerity-fascism-in-greece-the-real-1-doctrine/

Russian general warns of growing nuclear war risk

“Russia’s top military commander warned on Thursday of a growing threat of conflicts along its borders that could even escalate into a nuclear war.

“The possibility of local armed conflicts along nearly the whole border has increased sharply,” General Nikolai Makarov said, citing the fact that many of the country’s Soviet partners are gravitating towards Nato.

“The Baltic states and Eastern European countries in the Soviet-era Warsaw Pact defence treaty have already joined, while Georgia and Ukraine have expressed a desire to join the Western defence alliance that was once the menace of USSR and is still considered Russia’s enemy by conservatives.

“In certain conditions I don’t rule out local and regional armed conflicts developing into a large-scale war, including using nuclear weapons,” Makarov said, RIA Novosti reported.

http://www.emirates247.com/news/world/russian-general-warns-of-growing-nuclear-war-risk-2011-11-17-1.428852