Within hours of the imposition of President Trump’s sweeping tariffs against the world, the impact was felt by autoworkers in North America, with the announcement of thousands of layoffs by Stellantis at plants in the United States, Canada and Mexico.
Tag: JP Morgan Chase
It’s the same old playbook—When will people ever learn?
Beware of the Juan Guaidó of Türkiye
Ekrem İmamoğlu, mayor of Istanbul and a prominent figure in the Republican People’s Party (CHP), is widely regarded as President Recep Tayyip Erdoğan’s primary political opponent. His arrest occurred just days before the CHP was expected to officially announce him as their candidate for the 2028 presidential election. Ironically, Wikipedia characterizes him as a “dark horse” candidate, a relatively unknown figure who emerged as a challenger in the 2019 Istanbul mayoral election. In other words, the Juan Guaidó of Türkiye.
During his tenure as Mayor of Istanbul, İmamoğlu appointed Yavuz Saltık as the Chief of Staff of the Istanbul Metropolitan Municipality. Saltık had previously served as an advisor for prominent international organizations, including the International Republican Institute (IRI), the National Democratic Institute (NDI), and the Konrad Adenauer Foundation (KAS). Notably, the IRI and NDI are key elements of the National Endowment for Democracy (NED), while KAS is closely linked to the German political party, the Christian Democratic Union (CDU). NED gets the majority of its funding from the U.S. Congress. The origins of the NED trace back to the late 1960s, when the Central Intelligence Agency (CIA) came under scrutiny for covertly backing activists and opposition groups in countries perceived to be aligning with the Soviet Union. After these CIA operations were exposed, the agency faced widespread criticism for what many viewed as underhanded interference in the affairs of sovereign nations. Following years of debate over whether and how such funding should persist, Congress ultimately established the NED in 1983.
Unsurprisingly, Trotskyist factions are rallying behind what appears to be another color revolution, aimed at “balkanizing” Iran, establishing Greater Kurdistan, and undermining China and Russia.
Related:
Flashback 2019: Could the US force regime change in Turkey- The short answer is yes.
Read More »What’s in Store for VA Disability Benefits with New Office of Management and Budget Chief?
What’s in Store for VA Disability Benefits with New Office of Management and Budget Chief?
Vought, confirmed Thursday in a 53-47 Senate vote, spearheaded a 2023 report by the Center for Renewing America think tank that called for reducing VA disability compensation for veterans who reach Social Security retirement age and eliminating unemployability benefits for these veterans as well.
The report also proposed cutting disability compensation to veterans with ratings lower than 30% and dropping disability compensation for veterans whose health conditions aren’t directly related to military duty.
Read More »
Washington’s REAL Policy on China – “Repairing Ties” is Theater Ahead of Sanctions, War
The US Build-Up for War with China
– Visit by US Secretary of State attempts to portray the US as “reasonable” versus a “belligerent” Chinese “dictatorship;”
– Secretary Blinken recited the US “One China” policy, omitting the many ways the US has and still is blatantly violating it and provoking China;
– US strategy follows similar pattern of the US “reset” with Russia or the US-Iran “nuclear deal,” where the US sought to appear to have exhausted diplomatic options before moving on “reluctantly” to economic sanctions and war;
– Such a strategy is necessary for consensus building among US allies who would otherwise be hesitant to join the US in both economic sanctions and eventual military intervention versus China;
– US policymakers are already busy planning sanctions against China, which includes an already ongoing public relations campaign to sell Russia-style sanctions against China, as well as preparations for military operations to follow the sanctions;
– The US has a long-standing strategy to encircle and contain China spanning decades, indifferent to presidential administrations;
References:
Washington’s REAL Policy on China – “Repairing Ties” is Theater Ahead of Sanctions, War (Rumble) via The New Atlas
Michael Hudson: Why the US banking system is breaking up
Economist Michael Hudson responds to the collapse of Silicon Valley Bank, and explains the similarities with the 2008 financial crash and the savings and loan crisis of the 1980s.
Michael Hudson: Why the US banking system is breaking up
Why Is Victoria Nuland Coming to Sri Lanka, Second Time in a Year?
She maybe the highest ranking American official but most Americans do not even know her name. However, she is visiting Sri Lanka twice in one year & that should mean something. Why is she visiting Sri Lanka is however more important. She first visited Sri Lanka days before riots started resulted in the resignation of the former President. Naturally, all eyes are fixed on what is likely to emerge after her forthcoming visit. Over the years, there is no doubt the US has created local “agents” covering all spectrums of society.
Why Is Victoria Nuland Coming to Sri Lanka, Second Time in a Year?
H/T: WENT2THEBRIDGE.ORG
Related:
Bilderberg does China
When Davos and Bilderberg messenger boys look at The Grand Chessboard, they realize that their era of perpetual free lunch is over.
Bilderberg does China
Terrell Starr and Black Support of Imperialism
Black Agenda Report’s analysis of the US instigated crisis in Ukraine makes clear that imperialism is the source of turmoil in that country. The US role in heightening tensions must be exposed and the servants of US empire must be exposed as well.
In recent weeks Black Agenda Report contributors have regularly commented on the United States instigated crisis in Ukraine. “Ukraine: What Does It Have to Do With Black Folks,” “Crisis or Confusion: A Brief Guide for Black Folk on Ukraine,” ”Ukraine and U.S. War Propaganda,” and “The Black Political Class and War” are efforts to clarify what the U.S. is doing and why. Black Agenda Report is committed to news and analysis from a Black left perspective and must explain how the imperatives of imperialism and full spectrum dominance drive U.S. actions abroad.
Terrell Starr and Black Support of Imperialism
Fed Chair Powell Misleads House Hearing on Wall Street’s Bailout Programs
Fed Chair Powell Misleads House Hearing on Wall Street’s Bailout Programs
It’s factually incorrect for the Fed Chairman to say that it can only make emergency loans with the approval of the Treasury. Months before there was any case of COVID-19 anywhere in the world the Fed was making hundreds of billions of dollars a week in emergency repo loans to Wall Street trading houses. The emergency loans started on September 17, 2019 – four months before the first reported case of COVID-19 in the United States. By January 27, 2020 the Fed’s ongoing cumulative loans to bail out Wall Street’s hubris tallied up to an astounding $6.6 trillion. (See Fed Repos Have Plowed $6.6 Trillion to Wall Street in Four Months; That’s 34% of Its Feeding Tube During Epic Financial Crash.)


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