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Moody’s declares Greece in default of debt

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Moody’s declares Greece in default of debt

But New debt deal should tide Greece over

Moody’s declares Greece in default of debt, AlJazeera English, March 10, 2012, by AlJazeera, quoted verbatim, with commentary by Evans Liberal Politics owner Paul Evans:

"Bond credit rating agency says EU member has defaulted on its repayments as it secures biggest debt deal in history."

Moody’s Investors Service has declared Greece in default on its debt after Athens carved out a deal with private creditors for a bond exchange that will write off $140 billion of its debt.

New debt deal
should tide Greece over

Moody’s pointed out that even as 85.8 per cent of the holders of Greek-law bonds had signed onto the deal, the exercise of collective action clauses that Athens is applying to its bonds will force the remaining bondholders to participate.

Overall the cost to bondholders, based on the net present value of the debt, will be at least 70 per cent of the investment, Moody’s said.

“According to Moody’s definitions, this exchange represents a ‘distressed exchange,’ and therefore a debt default,” the US-based rating firm said.

For one, “The exchange amounts to a diminished financial obligation relative to the original obligation.”

Secondly, it “has the effect of allowing Greece to avoid payment default in the future.”

Ahead of the debt deal, Moody’s had already slashed Greece’s credit grade to its lowest level, “C,” and so there was no impact on the rating.

Moody’s said it will revisit the rating to see how the debt writedown, and the second Eurozone bailout package, would affect its finances.

However, it added, at the beginning of March “Moody’s had said that the risk of a default, even after the debt exchange has been completed, remains high.”

"Source: Agencies"

Commentary by Evans Liberal Politics owner Paul Evans: I have to say that this looks exactly like the story by Agence France-Presse that The Raw Story ran yesterday, but since AlJazeera and a gazillion other internet sites saw fit to republish this, and I have an agreement with The Raw Story anyway, I felt I should republish it.

Please watch the video to get the full lowdown on what is going on with the Greek economy and the credit default. To me, the whole thing seems as though it is an arranged situation, with no dire consequences, for example, for the European and world economies. The articles around the web have alarming titles, and the text of this article is rather alarmist in it’s tone and content, as well. However the video portrays a more hopeful, if somewhat grave, situation for the Greek people. Investors in the Greek bonds will lose something like 86 percent of their investment, and we’re talking about hundreds of billions of dollars. Therefore there will be some pain among the mostly European investors.

The Greek Debt Crisis
and Goldman Sachs

In the article mentioned from February 15th, the predatory role of Goldman Sachs in the Greek debt crisis is exposed. The entire Greek economy only amounts to $400-$500 billion anually. However it seems that Goldman Sachs has been investing heavily, to the tune of some $600 to $700 billion, in hedge funds that have been betting on the Greek economy to tank, with attendant results.

See Will the EU and the IMF & Investment Banks relent or will Greece erupt in chaos, Telegraph.co.uk on Evans Liberal Politics, February 15, 2012, by Peter Oborne, with commentarty by Paul Evans: At the time this article was written, it looked like Greece might erupt, perhaps, even into violent revolution. This is a proud, civilized people and they are being driven deep into poverty and sometimes hunger. If the new debt deal results in suffering beyond what is tolerable to most, with the Greek Communist Party and other left wing parties now getting the support of 40 percent of Greeks, anything could happen.

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Report: US Preparing for an Israeli Strike on Iran (Updated, with Commentary)

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Updated January 18, 2012

 

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Latest News on the Iran Confrontation

Iran – News Update of January 18, 2012

Note by Paul Evans: I don’t know quite what’s gotten into the media late Tuesday and now into Wednesday. Doing Google searches and visiting most of my news sources, I find that, for some reason, a cruise ship disaster in which about a dozen died is somehow far more important and newsworthy than a conflict that may potentially turn into World War 3. News on the Iran crisis is for some reason hard to find on the web. This makes me want to report to you everything I can find on the web about the developing crisis. We’ll do the best we can.

Telegraph.co.uk: Europe set to announce a ban on Iranian oil

Europe will agree sanctions banning the purchase of oil from Iran by the end of the month, William Hague, the foreign secretary, said on Sunday as Saudi Arabia promised it could boost output to make up the shortfall.

Telegraph.co.uk: Oil prices rise on Iran’s threats
to cut off Strait of Hormuz
:

Oil prices climbed 70 cents to $111.14 a barrel on Monday, after Iran issued fresh threats to cut off up to 17m barrels per day of oil supply from world markets by shutting down the Strait of Hormuz.

CBS News: Why Iran sanctions are doomed to fail

(TomDispatch): Let’s start with red lines. Here it is, Washington’s ultimate red line, straight from the lion’s mouth. Only last week Secretary of Defense Leon Panetta said of the Iranians, “Are they trying to develop a nuclear weapon? No. But we know that they’re trying to develop a nuclear capability. And that’s what concerns us. And our red line to Iran is do not develop a nuclear weapon. That’s a red line for us.”

Reuters: India says not seeking Iran oil waiver from U.S.

Iran – News Update of January 17, 2012

UPDATE: The Myth of “Isolated” Iran
Huffington Post, January 17, 2012, by Pepe Escobar

Is There Evidence Iran Is Building A Nuclear Weapon?
(Why Did Def. Sec. Panetta Say Iran Not Building Nukes?)

Iran’s nuclear scientists are not
being assassinated. They are being murdered
: (Guardian.co.uk):

Killing our enemies abroad is just state-sponsored terror – whatever euphemism western leaders like to use.

On the morning of 11 January Mostafa Ahmadi Roshan, the deputy head of Iran’s uranium enrichment facility at Natanz, was in his car on his way to work when he was blown up by a magnetic bomb attached to his car door. He was 32 and married with a young son. He wasn’t armed, or anywhere near a battlefield.

Since 2010, three other Iranian nuclear scientists have been killed in similar circumstances, including Darioush Rezaeinejad, a 35-year-old electronics expert shot dead outside his daughter’s nursery in Tehran last July. But instead of outrage or condemnation, we have been treated to expressions of undisguised glee.

Santorum in favor of assassination
of Iranian Scientists:

“On occasion, scientists working on the nuclear programme in Iran turn up dead,” bragged the Republican nomination candidate Rick Santorum in October. “I think that’s a wonderful thing, candidly.”

Israel Divided Over Plan to Attack Iran, The Real News Network, November 30, 2011.

Iran nuclear: Ali Larijani accepts
Turkey talks offer
:

BBC News: Iran has said it has agreed to talks with six world powers on its controversial nuclear programme, days after the UN confirmed Tehran was producing 20% enriched uranium. (It takes 90 percent pure uranium to make a nuclear weapon ~ Paul Evans)

Tense Triangle: Iran, Israel and US

Missile defense activated in Turkey

Iran – News Update of January 16, 2012

Iran Face-Off Testing Obama the Candidate: (NY Times):

WASHINGTON — The escalating American confrontation with Iran poses a major new political threat to President Obama as he heads into his campaign for re-election, presenting him with choices that could harm either the economic recovery or his image as a firm leader.

Iran, the U.S. and Israel: Blind Man’s Buff :(  (Huffington Post):


In a perilous spiral of assassinations, threats and counter-threats, the leaders of Washington, Jerusalem and Tehran keep ratcheting the tension. What is most alarming about the situation, is that the principle players and their advisers are engaged in an incredibly dangerous three-way game of blind man’s buff.

None of them expresses a real understanding of the others: of their motives, their concerns, nor their likely reactions. That’s true even with Israel and the United States: though the U.S. risks being sucked into any conflict between Israel and Iran, the Obama administration is currently forced to guess what its supposed Israeli allies are planning.

What would America or Israel — or any country — do if five of its scientists were assassinated by an enemy power? How would they react if, at the same time, the mightiest country on the planet dispatched its forces towards their borders even as it tightened a blockade to garrote their economy?

William Hague: Iran Sanctions To Be Adopted By European Nations: (Huffington Post).

US did not kill Iranian nuclear scientist, claims Leon Panetta – video: (Guardian.co.uk).

Iran could face UK military action over nuclear programme, says Hague: (Guardian.co.uk).

Commentary by Paul Evans:

Opinion from January 15, 2012: I am posting this because in reality, this is very much potentially the biggest story of the last year and this one, at least. Insofar as I can reason, we don’t send our chairman of the U.S. Joint Chiefs of Staff over to Israel just to tell them we won’t support them if they attack Iran. We now have 15,000 troops in Kuwait, and there are not one but two of our aircraft carriers in position to intervene.

All this sounds a lot like a strong effort to coordinate our support of Israel, rather than to push them not to attack. The U.S. is describing the various moves it is making in the middle east as efforts to defend American interests there, not as moves to strengthen a coordinated attack with Israel. I believe personally that at the least, we will provide some logistical support for Israel’s attack. And the effort to support Israel logistically has been going on for some time, now. For example, over the last couple of years we have been providing Israel with a large number of Patriot antimissle missle batteries. And then, as mentioned above, two of our Aircraft carriers stand ready in the Persian Gulf. This is just some of the evidence that we will support Israel. There is also news to the effect that the United States is prepared to make strong efforts to bring about regime change in Iran and also Syria.

Frankly, if (or when) the attack takes place, the whole middle east is going to be in flames. This is potentially World War 3. Israel has to already have realized that at the least there will be a regional war they will have to defend themselves against, that is to say, war with Syria, Hezbollah and Hamas. What will happen in the vicinity of Iran is an even worse wild card.

A year ago, Iran had 1,500 intermediate range (conventional warhead) missiles. O.K., probably (I have read), Iran cannot keep the Straits of Hormuz closed for very long. However, keep in mind that Saudi Arabia has two (and only two) oil terminals. Iran’s missiles will also reach Israel, where there are only two cities of any size (Jerusalem and Tel Aviv), and they will provide targets for destruction, as well. Iran’s missiles are fairly evidently going to do a lot of damage and it will take a considerable time to get Saudi oil flowing again, depending on the situation in the Straits of Hormuz. All this may be somewhat to pretty extensively mitigated by abundant new weapons possessed by Israel which promise extensive jamming of Iran’s communications gear and perhaps a shutdown of the entire electrical grid there.

Experts are describing the effects on gasoline prices should the Straits of Hormuz remained closed for any considerable length of time as probably amounting to a doubling in price. Also, I do not have the feeling that we have any kind of real idea how long the Straits of Hormuz will remain closed. One sixth of the world’s oil flows through there, including the Saudi oil.

If anyone doesn’t know it by now, Israel has wargamed the attack on Iran at least twice, the second time accompanied by fighters equipped with special fuel tanks to let them go the whole distance to Iran and return. Israel possesses the fourth largest air force in the world currently. And it has been about a year since the Saudis gave Israel permission to use Saudi air space in any attack on Iran.

Also, about six months ago, we were fairly certain that Iran’s nuclear enrichment program had reached the level of 20 percent pure. That is a level consistent with medical and other peaceful uses of uranium. It takes 90 percent purity before an enrichment facility produces weapons grade uranium, and we have no evidence of any level of enrichment by Iran anywhere near that.

While I do not wish to continue to closely follow political news any longer, I would think that the potential start of World War 3 warrants my full efforts to report it as best I can. ~ Paul Evans

Report: US Preparing
for an Israeli Strike on Iran
(Updated, with Commentary)

Iran: We have proof US behind assassination

Report: US Preparing for an Israeli Strike on Iran, Common Dreams.org, January 14, 2012, by Common Dreams staff, large excerpt quoted verbatim, Updated, with Commentary):

Iran is looking at “punishing” those behind the assassination of one of its nuclear scientists, a senior military official said, pointing the finger at the United States, Israel and Britain

“We consider committing a terrorist act of killing a scientist to be a threat to the nation… We are looking at punishing those who were behind the scenes of the martyrdom (assassination) of Mostafa Ahmadi Roshan,” the deputy chief of Iran’s joint armed forces, Masoud Jazayeri, was quoted as saying by several media.

Iran’s response will be “tormenting” for those responsible, he said, adding: “The enemies of the Iranian nation, such as the United States, Britain and the Zionist regime, should be made accountable for their actions.”

The Wall Street Journal is reporting today:

photo of Israeli jets parked in a row

WASHINGTON—U.S. defense leaders are increasingly concerned that Israel is preparing to take military action against Iran, over U.S. objections, and have stepped up contingency planning to safeguard U.S. facilities in the region in case of a conflict.

President Barack Obama, Defense Secretary Leon Panetta and other top officials have delivered a string of private messages to Israeli leaders warning about the dire consequences of a strike. The U.S. wants Israel to give more time for the effects of sanctions and other measures intended to force Iran to abandon its perceived efforts to build nuclear weapons.[...]

Despite the close relationship between the U.S. and Israel, U.S. officials have consistently puzzled over Israeli intentions. “It’s hard to know what’s bluster and what’s not with the Israelis,” said a former U.S. official.

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Inside the Israeli security establishment, a sort of good cop, bad cop routine, in which Israeli officials rattle sabers amid a U.S. scramble to restrain them, has assumed its own name: “Hold Me Back.”

Some American intelligence officials complain that Israel represents a blind spot in U.S. intelligence, which devotes little resources to Israel. Some officials have long argued that, given the potential for Israel to drag the U.S. into potentially explosive situations, the U.S. should devote more resources to divining Israel’s true intentions.

Two US Aircraft Carriers Opposite Iran, 15,000 Troops in Kuwait

DEBKAfile, the Jerusalem-based English language Israeli military intelligence website, is reporting:

US President Barack Obama is busy aligning Middle East allies with the next US steps on Iran. Contributing to the mounting sense in Washington of an approaching US-Iranian confrontation, the Pentagon is substantially building up its combat power around Iran, stationing nearly 15,000 troops in Kuwait – two Army infantry brigades and a helicopter unit – and keeping two aircraft carriers the region. The USS Carl Vinson, the USS John Stennis which was to have returned to home base and their strike groups will stay in the Arabian Sea. ….

Read the full article here.

See U.S. army chief heads to Israel as fears over attack on Iran mount, Haaretz, January 15, 2012, by Barak Ravid:

Gen. Martin Dempsey, chairman of the U.S. Joint Chiefs of Staff, is scheduled to arrive in Israel on Thursday for talks with Defense Minister Ehud Barak, Chief of Staff Lt. Gen. Benny Gantz, and other senior defense and intelligence officials.

Recommended: The Apocalyptics, Truth-Out, January 10, 2012, by John Feffer, Foreign Policy in Focus.K

See Dennis Ross: Obama will strike Iran if necessary, JTA, January 11, 2012:

WASHINGTON (JTA) — Dennis Ross, President Obama’s former top Iran adviser, said the president would strike Iran to keep the Islamic Republic from acquiring a nuclear weapon.

“The Iranians should never think that there’s a reluctance to use the force,” Ross, who has returned to the Washington Institute for Near East Policy think tank, told Bloomberg News in an interview published Tuesday.

Obama administration officials in recent weeks have edged closer to warning Iran that a strike is in the cards if it does not make transparent a suspected nuclear weapons program.

“They need to know that if they take that step, they’re going to get stopped,” Defense Secretary Leon Panetta said over the weekend.

The United States has increased its military presence in the Persian Gulf and in the coming weeks will launch its largest-ever joint anti-missile defense exercise with Israel. The Obama administration also has ratcheted up sanctions, targeting Iran’s Central Bank.

On Tuesday, the administration condemned Iran’s declared intention to launch uranium enrichment at a site it had kept secret until recently.

Also See Former Mossad chief: Israeli attack on Iran must be stopped to avert catastrophe, Infowars, December 2, 2011, by Amos Harel:

Former Mossad chief Meir Dagan warned Thursday against an Israeli attack on Iran, saying such a move would likely lead to a regional war involving Hezbollah, Hamas, and Syria.

Israel’s Secret Iran Attack Plan: Electronic Warfare, The Daily Beast, November 16, 2011, by Eli Lake:

For much of the last decade, as Iran methodically built its nuclear program, Israel has been assembling a multibillion-dollar array of high-tech weapons that would allow it to jam, blind, and deafen Tehran’s defenses in the case of a pre-emptive aerial strike.

A U.S. intelligence assessment this summer, described to The Daily Beast by current and former U.S. intelligence officials, concluded that any Israeli attack on hardened nuclear sites in Iran would go far beyond airstrikes from F-15 and F-16 fighter planes and likely include electronic warfare against Iran’s electric grid, Internet, cellphone network, and emergency frequencies for firemen and police officers.

Also See News About Iran, Logos57: A Caring Community, ongoing. This was an attempt at continuous coverage of what was happening in Iran. There is quite a lot of news here that was not generally reported, certainly not in the mainstream media.

UPDATE: See Raising new concerns, Iran warns Gulf Arab producers to not ramp up production, Associated Press on The Washington Post, January 14(?), by AP.

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Iran, US trade threats over key oil passage

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December 29, 2011

 

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Iran, US trade threats over key oil passage

Logos57: A Caring Community, December 29, 2011, by Paul Evans:

For about 4 or 5 years, Iran has been enriching Uranium, for what they claim to be peaceful purposes, while the U.S. and other western nations have issued strong warnings to Iran to cease and desist their enrichment program. As of the beginning of 2011, enrichment had reached 20 percent Uranium, while Iran has built a new nuclear facility deep under a mountain. Despite the fact that enriched uranium needs to be 90 percent pure to reach weapons grade, increasing economic pressure has been leveraged against Iran, while that nation has remained grimly determined to go on with its nuclear program.

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The nation which has been most concerned over Iran’s nuclear ambitions is Israel, which currently has a right wing, rather neocon government which in all probability would have launched bombing attacks on Iran had the U.S. supported a strike with the full capability of its logistical support.

Israel has already wargamed practice attacks twice in order to be prepared to launch a strike. The second run lasted a distance equal to the distance to Iran and back, with fighter cover accompanying the bombers, fitted with special fuel tanks to allow the fighters to go the whole distance. Also, some time ago Saudi Arabia gave Israel permission to overfly Saudi airspace in any attack on Iran. Only a moderating influence by the United States in all likelihood has kept Israel from attacking Iran. In considering this possibly apocalyptic bombing mission, it is well to keep in mind that at this time Israel possesses the fourth largest air force in the world.

Tensions are now reaching a more strident tone, as reported by AP on Yahoo News, Reuters on Yahoo News, and Agence France Presse on The Raw Story. Also see The Atlantic Wire on Yahoo News.

According to Agence France Presse, as the U.S. and western nations weigh more harsh sanctions against Iran’s oil exports and it’s financial sector, Iran and the U.S. have been trading threats:

Iran’s Vice President Mohammad Reza Rahimi has threatened to close the strait if the West imposed more sanctions on Iran as the country’s navy held exercises in international waters to the east of the channel.

Rahimi warned on Tuesday that “not a drop of oil will pass through the Strait of Hormuz” if the West broadened sanctions against Iran over its nuclear program.

One sixth of the world’s oil, including most of Saudi Arabia’s, flow through the Strait of Hormuz. It is claimed by some analysts that the price of oil would approximately double if the Straits were closed over a long time.

The U.S. Fifth Fleet, consisting of 20-plus ships and about 16,000 personnel issued a counter threat to Iran:

“Anyone who threatens to disrupt freedom of navigation in an international strait is clearly outside the community of nations; any disruption will not be tolerated,” the Bahrain-based fleet said in an e-mail.

While a British Foreign Office spokesman downplayed the Iranian threat as “rhetoric,” the state of tensions between Iran on the one hand, and Israel, the U.S. and most western nations has undeniably risen. Should our sanctions increase and Iran carry out it’s threat, the likelihood of an Israeli attack on Iran, with or without either U.S. logistical support or even actual participation in the raid, is perhaps at it’s highest level so far. Making the situation even worse is the fact that as of a year ago, Iran possessed about 1,500 intermediate range missiles which in all likelihood would overwhelm Israeli air defenses such as its U.S. and Israeli made Patriot missile batteries.

We can only hope that this crisis might turn out to be a “tempest in a teapot” and not an evolving crisis which may well get out of hand. ~ Paul Evans

Also See As US Readies Sanctions, Iran Threatens to Block Oil Route, New York Times News Servuce on Truthout, December 28, 2011, by Daniel Sanger.

UPDATE: See ‘Iran to expand presence in int’l waters’, Press TV (a website which is only mildly distinguishable from the government’s line on things), December 31, 2011.

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Liberal Patriotism: a Progressive Patriot struggles with American empire

Evans Liberal Politics
July 6, 2011

 

Liberal Patriotism: a Progressive Patriot
struggles with American empire

Evans Liberal Politics, July 6, 2011, by Paul Evans:

Lately I’ve been re-evaluating my stance on Iraq, Afghanistan and the other military “adventures” which most progressives are dead set against. I have always considered myself to be a patriotic citizen of these United States, but I have pretty much followed a progressive, anti-war stance. At the same time, my father, Jack E. Evans, served as a marine officer in WWII, and his father, Solson E. Evans, was a career marine officer of some note.

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Moreover, I have never felt my rather knee-jerk, but nonetheless informed antiwar stance to be anything other than patriotic, as, of course, I care very much for my country and do understand well the whole doctrine of American Exceptionalism.

This doctrine, explained in its basics on Wikipedia, is also critically discussed on Real Clear Politics. A good discussion of American exceptionalism in terms of the recent war in Libya is at Mother Jones, by Kevin Drum.

Essentially, American Exceptionalism is the view that somehow The United STates is fundamentally different than other nations, or even especially favored by God. Given this view, philosophical obstacles to the projection of American force tend to fall away. In other words, you might say, if we are the ones fighting, it must be for the right reasons and a failure to see this is somewhat unpatriotic and wrong-headed.

However if we look at recent wars that the United States has been involved in, or even caused, it seems to me to be a wrong-headed philosophical approach to start out in the first place with some sort of logic that claims that since we’re doing it, it must be right.

I’m sure that the Germans had all sorts of philosophical rationales for invading Poland in 1939, yet 35 million people died because of it. For any nation to go to war, there needs to be many better reasons than any reasoning such as is involved in swallowing American Exceptionalism hook line and sinker. An even worse rationale is involved in the slogan “America right or wrong,” yet I am certain that many right wingers actually do believe that.

So far as I am concerned, a very heavy weight of evidence says that we were wrong to go into Iraq, yet, to me, we went into Afghanistan for many of the right reasons. Even now, when any decent summary of the history of this latest Afghan war would call what has happened somewhat of a failure, still, there were Al Quaida using it for a base of operations, and we have been trying to create a democratic state, and, for instance, promote women’s rights (which were almost non-existent under Taliban rule).

I love this country. I have great pride in our armed forces and our servicemen. Yet, so far as the facts we have clearly show, we had no real reason to go into Iraq, other than a cabal of neocons’ pipe dreams.

Like many Americans of a liberal or progressive persuasion, conservatives paint people like me as somehow unpatriotic. I wrestle with America’s use of force every time any discussion of Iraq, Afghanistan, Libya or for that matter, Vietnam is brought up. Please sirs, don’t make a knee jerk conclusion that I am less patriotic than you are, because I will put my love for America and the world up against yours any day. I just may have different priorities than you, as well as different factors in my own mind which constitute reasons to go to war. But patriotic I am. ~ Paul Evans

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In Afghanistan Speech, Obama Offers Token Troop Withdrawals While Maintaining the “War on Terror” Mindset

Evans Liberal Politics
June 23, 2011

 

In Afghanistan Speech, Obama Offers Token Troop Withdrawals
While Maintaining the “War on Terror” Mindset

In Afghanistan Speech, Obama Offers Token Troop Withdrawals While Maintaining the “War on Terror” Mindset, AlterNet, June 22, 2011, by Phyllis Bennis, excerpt quoted verbatim:

President Obama passed up an opportunity to recognize our democracy and respect the views of the vast majority of the American people.

President Obama’s speech (last night) violated one of his most important campaign promises: to “end the mind-set that leads to war.”

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To the contrary, his announcement of a token shift of 10,000 soldiers leaving by the end of 2011, and maybe another 23,000 in another year, makes clear that his claim tonight that “the tide of war is receding” remains untrue. The enormous current deployment of 250,000 U.S. and allied military forces (100,000 U.S. troops, 50,000 NATO troops and 100,000 Pentagon-paid contractors) in Afghanistan continues, and reflects not an end but an embrace of the mind-set of war, even with this small shift of soldiers. This was an opportunity for President Obama to recognize our democracy, to acknowledge and – dare I suggest? – even respect the views of the vast majority of the American people. Sixty-four percent of the people of our country believe the war is not worth fighting. When this war began in October 2001, only about 12% of people in the U.S. did not support it. So 64% opposition means a lot of folks have come to that realization now after years of escalating Afghan civilian and U.S. military casualties, years of a collapsing economy, and yes, years of hard-fought anti-war organizing.

The American people are way ahead of the government on this one – Congress, the White House, the Pentagon, all of them. A few members of Congress are starting to get it – those in the Progressive and Out of Afghanistan Caucuses. Rep. Barbara Lee of California has introduced an amendment to the pending $560 BILLION Pentagon authorization bill (that one doesn’t even include the costs of the actual wars in Iraq, Afghanistan, Pakistan, Libya, Yemen and beyond…) that would prohibit any money being spent on the war in Afghanistan except for the cost of a quick and safe withdrawal of all the troops. The U.S. Conference of Mayors just passed their first anti-war resolution since the height of the Viet Nam War in 1971, calling for a quick end to the war in Afghanistan and for the war dollars to be brought home to rebuild U.S. cities. The mayors get it, unemployed people across this country get it, many of the troops being forced into their third, fourth, fifth or even more deployments get it. And that’s why the president’s speech tonight focused – however inadequately – on how many troops are being pulled out, not how many more are being sent in.

But it’s not good enough. What President Obama announced tonight is not a strategy, there still is no clear definition of a “military victory” in this endless war. In the first weeks after his inauguration, the new commander-in-chief announced he was sending 21,000 more troops to Afghanistan, and “then” he would decide on a strategy. Talk about backwards reasoning!

That 21,000 was followed, after months of discussion, another 33,000 (it was first going to be 30,000, but you know how it goes…) that made up the official “surge.” The first 21,000 apparently weren’t to be counted at all. So in his first year in office, President Obama escalated the U.S. troop presence in Afghanistan from a little more than 30,000 to almost 100,000 troops (along with the 100,000 mercenaries) – tripling the troop numbers. With a token pull-back of 10,000 troops over the next six months, and maybe another 23,000 by the end of 2012 (presumably timed for maximum pre-election publicity) that still will leave almost 70,000 U.S. troops in Afghanistan for years ahead – almost twice the number there when he took office. Not to mention the 100,000 Pentagon-paid contractors and 50,000 NATO soldiers, who apparently aren’t going anywhere. And this for the first president to call an existing war “stupid” and to call for “an end to the mindset that leads to war.” ….

Continue reading this article, here.

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Saudi Arabia, UAE funded jihadi networks in Pakistan: Wikileaks cable

Evans Liberal Politics
May 22, 2011

 

Saudi Arabia, UAE funded
jihadi networks in Pakistan: Wikileaks cable

Saudi Arabia, UAE funded jihadi networks in Pakistan: Wikileaks cable, The Raw Story, May 22, 2011, by Reuters, used with permission, quoted verbatim: Evans Liberal Politics is pleased to partner with The Raw Story to bring you cutting edge news.

(Reuters) – Islamic charities from Saudi Arabia and the United Arab Emirates financed a network in U.S. ally Pakistan that recruited children as young as eight to wage holy war, a local newspaper reported on Sunday, citing Wikileaks.

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A U.S. diplomatic cable published by WikiLeaks said financial support estimated at $100 million a year was making its way from those Gulf Arab states to a jihadist recruitment network in Pakistan’s Punjab province, Dawn newspaper reported.

The November 2008 dispatch by Bryan Hunt, the then principal officer at the U.S. consulate in Lahore, was based on discussions with local government and non-governmental sources during trips to Punjab, Pakistan’s most populous province.

It said those sources claimed that financial aid from Saudi and United Arab Emirates was coming from “missionary” and “Islamic charitable” organizations ostensibly with the direct support of those countries’ governments.

Asked to respond to the report, Saudi foreign ministry spokesman Osama Nugali said: “Saudi Arabia issued a statement from day one that we are not going to comment on any WikiLeaks reports because Saudi Arabia is not responsible for these reports and we are not sure about their authenticity.”

Saudi Arabia, the United States and Pakistan heavily supported the Afghan mujahideen against Soviet occupation troops in the 1980s.

Militancy subsequently mushroomed in the region and militants moved to Pakistan’s northwest tribal areas along the border with Afghanistan, seen as a global hub for militants.

Since then there has been a growing nexus between militant groups there and in Punjab. In recent years militants have been carrying out suicide bombings seemingly at will in Pakistan, despite military offensives against their strongholds.

The discovery that Osama bin Laden was living in a Pakistani town not far from Islamabad until he was killed by U.S. special forces earlier this month has severely damaged ties between Washington and Islamabad.

The United States wants Pakistan to be a more reliable partner in its war on militancy.

CHILDREN SENT TO TRAINING CAMPS

But militancy is deeply rooted in Pakistan. In order to eradicate it, analysts say, the government must improve economic conditions to prevent militants from recruiting young men disillusioned with the state.

The network in Punjab reportedly exploited worsening poverty to indoctrinate children and ultimately send them to training camps, said the cable.

Saudi Arabia, home to the fundamentalist Wahhabi brand of Islam, is seen as funding some of Pakistan’s hardline religious seminaries, or madrassas, which churn out young men eager for holy war, posing a threat to the stability of the region.

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“At these madrassas, children are denied contact with the outside world and taught sectarian extremism, hatred for non-Muslims, and anti-Western/anti-Pakistan government philosophy,” said the cable.

It described how “families with multiple children” and “severe financial difficulties” were being exploited and recruited, Dawn reported.

“The path following recruitment depends upon the age of the child involved. Younger children (between 8 and 12) seem to be favored,” said the cable.

Teachers in seminaries would assess the inclination of children “to engage in violence and acceptance of jihadi culture.”

“The initial success of establishing madrassas and mosques in these areas led to subsequent annual “donations” to these same clerics, originating in Saudi Arabia and the United Arab Emirates,” the cable stated.

(Additional reporting by Jason Benham in Dubai; Editing by Alex Richardson)

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Video Blackout during raid on bin Laden compound

Evans Liberal Politics
May 6, 2011

 

Video Blackout during raid on bin Laden compound

Osama bin Laden dead: Blackout during raid on bin Laden compound, Telegraph.co.uk, May 4, 2011, by Steven Swinford, excerpt quoted verbatim:

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The head of the CIA admitted yesterday that there was no live video footage of the raid on Osama bin Laden’s compound as further doubts emerged about the US version of events.

Leon Panetta, director of the CIA, revealed there was a 25 minute blackout during which the live feed from cameras mounted on the helmets of the US special forces was cut off.

A photograph released by the White House appeared to show President Barack Obama and his aides in the situation room watching the action as it unfolded. In fact they had little knowledge of what was happening in the compound.

In an interview with PBS, Mr Panetta said: “Once those teams went into the compound I can tell you that there was a time period of almost 20 or 25 minutes where we really didn’t know just exactly what was going on. And there were some very tense moments as we were waiting for information.

Mr Panetta also told the network that the US Navy Seals, rather than Mr Obama, made the final decision to kill bin Laden.

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