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The Rise of the 'Petro-yuan' and the Slow Erosion of Dollar Hegemony For seventy years, one of the critical foundations of American power has been the dollar’s standing as the world’s most important currency. For the last forty years, a pillar of dollar primacy has been the greenback’s dominant role in international energy markets. Today, China is leveraging its rise as an economic power, and as the most important incremental market for hydrocarbon exporters in the Persian Gulf and the former Soviet Union to circumscribe dollar dominance in global energy—with potentially profound ramifications for America’s strategic position.

31 July 2014read on...

New Post
MEMORANDUM FOR: The President

FROM: Veteran Intelligence Professionals for Sanity (VIPS)

SUBJECT: Intelligence on Shoot-Down of Malaysian Plane

31 July 2014read on...

Stop! Thief! Stop! — The Looting of Ukraine
Kiev’s hastily assembled, post-coup coalitions couldn’t hold, and Ukrainian PM Arseniy Yatsenyuk threw in the towel last Thursday. On his way out, news stories said, the PM expressed his “disappointment with Ukrainian parliament’s decision to reject a bill that allows the government to hand over up to 49 percent of the country’s gas transport system to investors from the European Union and the United States.”

30 July 2014read on...

On Dominoes, WMDs And Putin’s 'Aggression': Imperial Washington Is Intoxicated By Another Big Lie
Imperial Washington is truly running amuck in its insensible confrontation with Vladimir Putin. The round of new sanctions is a counter-productive joke. Apparently, more of Vlad’s posse will be put on double probation, thereby reducing demand for Harry Macklowe’s swell new $60 million apartment units on Park Avenue. Likewise, American exporters of high tech oilfield equipment will be shot in the foot with an embargo; and debt-saturated Russian state companies will be denied the opportunity to bury themselves even deeper in dollar debt by borrowing on the New York bond market. Some real wet noodles, these!

29 July 2014read on...

In Foreign Affairs, Not Doing Anything Is The Thing To Do
The heartbreaking violence in the Middle East, Ukraine, and elsewhere carries many messages, but here’s one Americans shouldn’t miss: The United States — no matter who the president is — cannot manage world conflict. The corollary is that when a president tries to manage it, things will usually get worse. Foresight is always defective, and tragic unintended consequences will prevail.

29 July 2014read on...

The Absurd, Bureaucratic Hell That Is the American Police State
Whether it’s the working mother arrested for letting her 9-year-old play unsupervised at a playground, the teenager forced to have his genitals photographed by police, the underage burglar sentenced to 23 years for shooting a retired police dog, or the 43-year-old man who died of a heart attack after being put in a chokehold by NYPD officers allegedly over the sale of untaxed cigarettes, the theater of the absurd that passes for life in the American police state grows more tragic and incomprehensible by the day.

28 July 2014read on...

End Torture, Shut Down the CIA!
Remember back in April, 2007, when then-CIA director George Tenet appeared on 60 Minutes, angrily telling the program host, “we don’t torture people”? Remember a few months later, in October, President George W. Bush saying, “this government does not torture people”? We knew then it was not true because we had already seen the photos of Iraqis tortured at Abu Ghraib prison four years earlier.

27 July 2014read on...

Israel's 155mm Cure For ‘Terrorism’ In 1956, Britain and France were convinced that Egypt’s charismatic nationalist leader, Gamal Abdel Nasser, was threatening what was left of their Mideast and African colonial empires. London branded Nasser, “Hitler on the Nile.”

27 July 2014read on...

Another 'Saigon': US Evacuates From Libya
One month ago today, President Obama was congratulating Libya on a "milestone" election -- even though the disintegration of the country after the 2011 US invasion was ongoing.

26 July 2014read on...

What Does the U.S. Support When It Supports Israel?
According to the Congressional Budget Office, “Israel is the largest cumulative recipient of U.S. foreign assistance since World War II. To date, the United States has provided Israel $121 billion (current, or non-inflation-adjusted, dollars) in bilateral assistance. Almost all U.S. bilateral aid to Israel is in the form of military assistance, although in the past Israel also received significant economic assistance.”

26 July 2014read on...

Featured Articles

US Military Training Overseas: Vast and Under-Reported


NEWS ANALYSIS

Andrei Akulov writes in the online journal of the Strategic Culture Foundation this week about an under-analyzed component of the US interventionist foreign policy: foreign military training and assistance. According to Akulov, although attention often falls on expanded and high-profile US joint military exercises in places like South Korea, as well as increased US military involvement in Africa and more drone strikes in more parts of the world, the “training, assisting, and subsidizing armed forces of other countries is another significant aspect of US foreign policy, which is often overlooked or underestimated.” The author points out that in countries with human rights records too abysmal for overt US military assistance, the US nevertheless often finds itself employing special forces troops and trainers. The US special forces are active in approximately 70 nations on any given day.

Here is a brief excerpt from the article:

The US has a vast number of military training and assistance missions globally; it is the largest world contributor of military aid to foreign countries, providing some form of assistance to over 150 countries in 2013. It was 134 in 2012, or 75 percent of the states on the planet Earth. There has been almost zero discussion of how military assistance is organized and how effective it is. The administration requested $9.8 billion in security assistance funding for fiscal year 2013 against the background of sequester. 

There are three main programs designed for foreign military aid: 

-Foreign military financing for the acquisition of U.S. defense equipment, services, and training;

-Peacekeeping operations provide voluntary support for international peacekeeping activities;

-The International Military Education and Training program (IMET) offers military training on a grant basis to foreign military officials.

Read the whole very interesting piece here.


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