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Distortions, lies and omissions: The New York Times won’t tell you the real story behind Ukraine, Russian economic collapse

January 26, 2015

“International papers will cover America’s role in the world honestly. Only our best paper willingly blinds itself.”

Noted:
* How the CIA made Google 
* Davos – The Arrogance of Officialdom 
* How the UN Is Confiscating American Homes and Controlling All Food and Energy 
* U.S. Congress Considers Appointing Netanyahu Emperor of the Republic for Life
* Bunch of Criminals! 
* Politically Corrupt and Pro-Israel–Do the Two Traits Go Together? 

* Hollywood “Insider” Exposes All (Cults/Clones/MindControl & More) 

Vladimir Putin (Credit: AP/Mark Lennihan/Photo montage by Salon)

Vladimir Putin (Credit: AP/Mark Lennihan/Photo montage by Salon)

Source of report here.
Patrick L. Smith

A note arrived a few days ago from one of my best informants in Europe. He had just met across a hotel dining table with a senior German executive, and the topic quickly turned to the crisis in Ukraine and the sanctions regime Washington has imposed on Russia.

I can do no better than give you the pertinent passage in the note:

“… I spoke … breakfast time in Europe… with the head of one of the largest companies in Germany. This declaration was one of the first items he mentioned. I took notes—because it is one of my clients—and here is what he said: ‘It is urgent for Europe to bring Obama and the people making the decisions behind him back to reality. If not, this will spiral first into a financial collapse, which will slam into all of Europe, and then who knows where it goes after that? Everywhere, far-right nationalist forces are building. Look at the last U.S. Congressional elections, and think what is coming. Will America ever have had a more nationalist Congress?  Le Pen would be right at home in this crowd. The course we are on now is folly.  Can’t they see that?’”

I wish I could say the German exec’s question is a good one, but the grim answer is too obvious. They can see nothing in Washington. We witness the single most reckless, destructive foreign policy this administration has yet devised, comparable in magnitude to Bush II’s decision to invade Iraq in 2003.

President Obama and Secretary of State Kerry wanted Middle East peace to stand as their legacy on the foreign side. Now they propose restored relations with Cuba as the bronze monument. Forget about it. The devastation of ties with a global power, the dissolution of Ukraine and very possibly the ruination of Europe’s barely beating economic recovery will be what we live with after this administration makes its exit.

I am awestruck as news of recent events unfolds. Ukraine is more than an economic, political and military mess: It is a major humanitarian tragedy now. As the German CEO wants to know, how can we possibly arm neo-Nazis in Ukraine while right-wing extremists and anti-immigration atavists rise all over Europe?

The body blows the State Department and Treasury are dealing Russia in response to the Ukraine crisis—as precipitated by State, of course—would be irresponsible under any circumstances for the risks they carry. In the current global environment, this starts to shape up as monomania.

Thoughtful readers point out that this is a standoff between two nuclear powers, and, indeed, this has to be on our minds. But for the moment, and thank goodness, that is in the background. The very immediate menace is a global economic calamity that could make the 2008 crisis look like a blip on the chart.

Last week Fitch, the credit-rating agency, downgraded Russia’s status to BBB, putting it a few notches away from junk status. This is hardball, we had better recognize: You cannot shove the world’s No. 8 economy into the gutter and expect it to land there alone. A lot of suffering beyond Ukraine’s borders, where it is awful enough already, is frighteningly near.

Before I go any further: No, you are not reading much about this in the American press. You can read about it in the German press, the French press and elsewhere on the Continent, in the Czech press, the Russian press (obviously), some of the British press, and even the Chinese press. But all those journalists and all their readers are in a propaganda bubble, the world’s greatest newspaper wants us to know.

It is crowded inside the propaganda bubble and lonely here outside of it, it seems. To this topic we will return.

* * *

CONTINUE READING

From → World Watch

2 Comments
  1. flyer168 permalink

    “Davos – The Arrogance of Officialdom ”

    Also to share this…

    Watch Jibby from 01:45 on…Nazir from 04:50 on…

    A real “Pathetic Show” from Malaysia/Asean for the Lost Opportunity & Millions of Taxpayers $$$ spent…

    Kindergarten Story Board at Davos !!! – International Icons vs Jaguh Kampungs…
    Achieving Nil Significance…!!!

    Why isn’t Singapore, Brunei, Indonesia, Thailand, etc bothered with this one…???

    Because of Malaysia’s PEEM’s presence…???

    You be the judge.

    Shalom.

  2. flyer168 permalink

    “Davos – The Arrogance of Officialdom ”

    Ewoon,

    Just to share this…

    DAVOS 2015 – Meet The Swiss Security Forces That Keep The Elite Safe – https://www.youtube.com/watch?v=9bM-5mPFMAc

    “Davos 2015: Urgent need to restore trust”

    Warren Fernandez

    The Straits Times

    Publication Date : 24-01-2015

    Despite the blue skies and sunshine in Davos this week, a darkening of the mood is palpable among participants at this year’s World Economic Forum (WEF).

    Gone are the sunny declarations of last year, when political and business leaders declared the world had at last shrugged off the gloom of the 2009 financial crisis.

    This year, uncertainty and anxiety about the multiple challenges the world faces are back with a vengeance at this annual gathering of the world’s leading advocates, and beneficiaries, of economic globalisation.

    German Chancellor Angela Merkel voiced these concerns during her keynote address on Thursday, describing events of the past year as a “wake up call to the world”.

    These had made plain that countries are going to have to stand up for the freedoms and principles they hold dear, she said, pointing to Russia’s aggression over Ukraine and the recent Islamist attacks on free speech in France.

    Just moments later, the attention of participants shifted to the breaking news of the massive bond-buying plan of the European Central Bank (ECB) to boost Europe’s stalling economy. Earlier this week, Chinese Premier Li Keqiang also said that slower growth was the “new normal”, making economic reforms all the more critical.

    As always, such economic and political issues feature prominently on the WEF agenda, amid a dizzying array of discussions – from the urgent need to tackle climate change and global pandemics, to social and security challenges posed by new digital technologies, and even sessions on mindfulness to help leaders stay on top of their game.

    Yet, going by the formal discussions and chatter in the corridors, minds are clearly focused on the global “to do now” list.

    At the top of this list is rising income inequality. Noting this in the WEF’s Outlook on the Global Agenda 2015, an assessment of the key risks facing the world, former United States vice-president Al Gore said: “As the world’s rich continue to accumulate wealth at record rates, the middle class is struggling… Over the last 25 years, the average income of the top 0.1 per cent has grown 20 times compared with that of the average citizen…

    “Our economies may be growing, but the number of available jobs is largely failing to keep pace. For many, the situation is urgent.”

    Taking up this theme, Harvard Professor David Gergen noted that 86 per cent of those the WEF polled said the world faces a “leadership crisis”, coupled with a “weakening of representative democracy”. Over half (55 per cent) felt they could not trust their governments to be open, transparent and accountable.

    Declining trust – between political leaders and voters, as well as among communities and countries – has been a recurring theme in many discussions here.

    WEF founder and executive chairman Klaus Schwab, who has watched these global mood swings for decades, summed up this sentiment when he declared: “We have to restore trust in the world. Right now, trust is a precious commodity.”

    As one Davos delegate put it, economic stagnation has led to a growing disillusionment, especially among the young.

    The Davos mantra on globalisation – that open markets for trade, investments, people and skills, would lead inexorably to rising incomes and better lives for all – is increasingly being questioned.

    For all their benefits, global integration and interdependence have also given rise to greater insecurities. Many workers feel more uncertain about their jobs and economic futures, leading to mounting resistance to immigration and economic liberalisation, noted Swiss President Simonetta Sommaruga in her opening address.

    Fostering greater trust, however, is a two-way street, argued Prof Gergen. While voters are hungry for action from their leaders, politicians everywhere take their cue from electorates.

    “We the people bear responsibility. In one country after the other, political polarisation has come in part because the middle has fallen away and engagement has been dominated by extremists. Globally, we the people have been hesitant to speak up when it matters most, when we are facing the toughest crises – from climate change to poverty to fiscal stability.”

    Dr Merkel drove this point home in her usual no- nonsense manner.

    Pressed to comment on the ECB’s plans, she side-stepped the question, but made plain that any stimulus package must not distract people from the need for deep, perhaps painful, structural reforms.

    Such clear-headedness and plain speaking will be critical in restoring trust, and faith in the globalisation that this Davos forum has long championed.

    – See more at: http://www.stasiareport.com/the-big-story/asia-report/politics-diplomacy/story/davos-2015-urgent-need-restore-trust-20150124#sthash.KLgd77sY.dpuf

    “Urgent need to restore trust” – Must watch & Listen to – Jack Ma Davos Interview on Jan. 23 2015 – https://www.youtube.com/watch?v=2kzGKVLslE0

    http://allnewspipeline.com/Davos_Devils_Openly_Push_NWO_Agenda.php

    http://www.pakalertpress.com/2015/01/27/davos-dark-secret-emerges-super-rich-already-planning-their-escapes/

    You be the judge.

    Shalom.

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