Friday, February 27, 2009

IRAN AND OBAMA

Iran offers Obama nuclear negotiations – with a catch

DEBKAfile Exclusive Analysis

February 27, 2009, 7:40 PM (GMT+02:00)

Iranian strongman Akbar Hashemi Rasanjani sets a trap

Iranian strongman Akbar Hashemi Rasanjani sets a trap

The Friday sermon delivered by former Iranian president Akbar Hashemi Rasanjani in Tehran on Feb. 27 embodied an incentive and a catch for US president Barack Obama, condemned Israel and threatened Russia.

He said: "…we don't make false promises. Therefore I declare that Iran's nuclear plan is not to build weapons… and we are ready to prove it in negotiations." Indicating Israel, he said: "'You are planting a false notion in public minds." Addressing the Russians, he said bluntly that "…even if they don’t' deal with the [Bushehr] project, we can finish it on our own."

The Iranian leader closest to supreme ruler Ayatollah Ali Khameni had in fact issued Tehran's first explicit invitation to Obama to open direct negotiations which promised an Iranian pledge not to build a nuclear weapon.

That was the incentive. But the catch implicit in his message was picked up by DEBKAfile's Iranian experts: He was saying in typical Rafsanjani shorthand that Tehran was willing to kick off the bargaining with a pledge not to develop on nuclear weapons, provided Washington agreed to the Islamic Republic retaining the capability to do so.

This formula would reduce the Tehran-Washington talks to haggling over where to place the cutoff point in the Iranian program.

The Iranians would demand to be allowed leeway for completing a bomb within four to six months; the Americans would likely insist on halting the program two to-three years short of a military capability, and the negotiations would end in a compromise.

Rafsanjani employed this verbal tactic on the strength of the information about the Obama administration's position gained from informal preliminary Iranian-US contacts in the last two months. Tehran believes the US president needs Iran's help in the Afghan War and would therefore be flexible in his dialogue with Iran. They calculate that he would go an extra mile for the sake of showing he had managed to arrest the Islamic Republic's march toward a nuclear weapon.

Israel is adamantly opposed to this formula, certain Tehran will use it as a blind to forge ahead secretly until its clandestine bomb and warhead projects are close to assembly at short notice.

Thursday, Feb. 25, outgoing Israeli prime minister Ehud Olmert commented on the launch of Iran's first nuclear reactor at Bushehr: "We have deployed enormous efforts to reinforce our deterrence capacity. Israel will be able to defend itself …against all threats, against all enemies. I cannot say more but believe me, I know what I'm talking about."

Without referring to Israel by name, Rafsanjani responded by saying: "You are planting a false notion in public minds," in reference to the "unthinking words of the main enemies of the Islamic revolution."

But Russia, which had delayed completing the Bushehr reactor for 10 years on one pretext or another, was warned specifically: "The Russians and others should know that …even if they don't deal with the project, we can complete it on our own. But they must fulfill their promise."

Tuesday, February 24, 2009

YOU LOST YOUR COUNTRY

OBAMA SELLS U.S. TO CHINA INC.

By Cliff Kincaid

February 24, 2009
NewsWithViews.com

The truth is starting to seep out. Because of the need for more money to finance the latest bailout—the Obama economic stimulus plan—America is going further in debt to the Chinese Communists. Our country is officially being sold to the highest bidder. And we have striking confirmation of this fact from Secretary of State Hillary Clinton.

The good news is that a correspondent for the mainstream media—Wyatt Andrews of CBS News—has figured this out and has managed to get on the air with his terrifying findings. Andrews’ report on the Friday CBS Evening News with Katie Couric was direct and to the point. Clinton is in China to beg for a handout.

“The truth is the Administration needs China’s help. America’s stimulus is very expensive and the U.S. wants China to help finance it,” Andrews reported. This is what America has become—a country that sends its Secretary of State abroad to beg for money from foreigners. In this case, it’s a communist dictatorship that forces women to have abortions, tortures Christians, and threatens the freedom and democratic government of Taiwan.

So the cost of the “stimulus” is more sacrifice of American independence and sovereignty, as well as our own values, ideals, and commitment to human freedom. It is a sad day both for America and China.

Clinton was shown saying, “We are relying on the Chinese government to continue to buy our debt.” The almighty dollar takes precedence over everything else, even as it falls in value and the dangers of hyperinflation and national bankruptcy loom. The tragedy is compounded by the fact that pandering to the Chinese will not solve anything. This policy, set in motion by big banks and corporations and pursued by Democratic and Republican Administrations, is what got us into this predicament in the first place.

Clinton’s comments, which concern the overall economic policy of the new administration, are far more significant than the Obama mortgage plan. Clinton is getting to the heart of the issue—how the mortgage plan and the stimulus are being financed.

White House spokesman Robert Gibbs expressed irritation last week that CNBC commentator Rick Santelli went into a rant over the prospect of forcing American taxpayers to underwrite the bad mortgages of deadbeats and others who are unable to pay their mortgages. But Santelli only touched on one small part of the problem.

Where’s the outrage over the pro-China policy that spans several administrations, and which has benefited his corporate bosses at General Electric, of permitting the communist dictatorship in Beijing to have the upper hand in global trade relations? All that Santelli has to do to understand this problem is attend a GE annual meeting and listen to the complaints of the GE workers losing their jobs to China. But don’t expect to see anything about that on CNBC, NBC, or MSNBC.

If you want more information on this travesty, please go to the website www.screwthatbulb.org and learn how GE is going “green” which has the effect of shipping American jobs to China. If Santelli did a rant about that, you can bet he wouldn’t be on the air again.

We were already in terrible shape under the Bush Administration because of a mysterious financial collapse apparently caused by illegal manipulation of our markets, but now the communists have us completely over a barrel because the Obama Administration, with the acquiescence of Congress, recklessly decided to spend even more money that we don’t have. Under the circumstances, this is criminal negligence.

Mrs. Clinton is officially stating what everyone should know is the truth. She deserves credit for being brutally honest. America has become a subsidiary of China Inc. In order for the U.S. to stay afloat, we have to depend on Beijing to finance a bailout. But the other major problem, of course, is that the stimulus is not a bailout in any real sense of the word. It depends on more government debt and borrowing at a huge cost of being more indebted to the Chinese. So the bailout is really digging our nation’s grave deeper.



To make matters even worse, as the Andrews report made clear, the cost will include the jobs that the Obama Administration says will be created by the stimulus. He interviewed an American manufacturer about the loss of American jobs caused by China’s trade practices, who said that the “cheating” in global trade has cost millions of American manufacturing jobs.

In the end, the only “jobs” that will be created or “saved,” as Obama likes to say, will likely be those benefiting from spending the federal money that the federal government doesn’t have. Most of them work for government at all levels.

Productive private sector manufacturing jobs will not be created—and cannot be—because despite their campaign promises, neither Obama nor Hillary will do anything about those unfair Chinese trade practices, such as the currency manipulation, that make Chinese goods artificially cheap and American goods more expensive.

The Andrews report, which caught me completely by surprise on a newscast that tends to portray the new Administration in completely flattering tones, was absolutely blistering in contrasting what Obama and Clinton had said during the campaign and what they are doing now.

“Both the man who became the President and his future Secretary of State told the voters they would make the [trade] cheating go away,” Andrews reported. He showed candidate Obama saying that he would do everything in his power to stop China from manipulating its currency and Hillary saying that she would “aggressively crack down on China’s unfair trade practices.” These claims were shown to be empty and abandoned campaign promises. We should have assumed that would be the case.

Andrews asked Secretary of State Clinton about this and “she explained that times have changed.” Clinton said, “That was at a different time when we weren’t facing the kind of difficult situations we face today.” Translation: we need their money and we are in no position to demand or criticize anything. These Clinton comments preceded Andrews’ remarks about the cost of the stimulus and the perceived need to get China to help finance it.

As we had noted in a previous column about the Administration’s so-called economic program, Clinton was going to China for the purpose of getting Chinese money to finance the stimulus. Now we have it all on the record. Her trip was designed to reinforce Treasury Secretary Timothy Geithner’s private conversations on this topic with Chinese officials.


The land of the free and the home of the brave has now become the land of the quivering milquetoast, in awe of an emerging Communist giant that our big banks and corporations, as well as our government, have built into an economic superpower.

President Obama apparently sees nothing wrong with this. Indeed, during the campaign he praised China’s staging of the Olympic Games, saying their infrastructure was impressive and was something the U.S. might consider emulating.


Now, with Hillary Clinton having signaled to the Chinese dictators that we will beg for their money and ignore unfair trade practices and even human rights violations, it will be left up to President Obama to seal the deal. When he gives his State of the Union-like speech to Congress and the American people on Tuesday night, he will in reality be auditioning for a front-row seat on the board of directors of China Inc. Don’t expect to hear anything critical of the butchers in Beijing.

© 2009 Cliff Kincaid - All Rights Reserved

Monday, February 23, 2009

GLOBAL MELTDOWN

Red Alert: Major Meltdown Imminent! Your Escape …

Martin D. Weiss, Ph.D.

The nation’s largest banks are so close to collapse and the world economy is coming unglued so rapidly, a major Wall Street meltdown is now imminent.

Specifically, it’s now increasingly likely that virtually all of our forecasts of recent months could come to pass in a very short period of time, including …

  • Stock market crash: A swift plunge in stocks to about 5000 on the Dow, 500 on the S&P 500 and 900 on the Nasdaq … or lower. (For our reasons, see “Stocks to fall AT LEAST another 40%!“)

  • Corporate bankruptcies: A chain reaction of Chapter 11 filings or federal takeovers, including not only General Motors and Chrysler, but also Ann Taylor, Best Buy, Jet Blue, Macy’s, Saks Fifth Avenue, Sears, Toys “R” Us, U.S. Airways and even giants like Ford or General Electric.

  • Megabank failures: Bankruptcies or nationalization not only of Citigroup and Bank of America, but also JPMorgan Chase and HSBC. (See my January issue, “Megabanks Could Fail Despite Federal Aid.”)

  • Nationwide epidemic of small and medium-sized bank failures: Outright FDIC takeovers, with little prospect of nationalization. (I’ll give you a link to our free guide with a more extensive list in a moment.)

  • Insurance failures: State takeovers of companies like Ambac Assurance, Bankers Life and Casualty, Conseco, FGIC, Medical Liability Mutual, Mortgage Guaranty Insurance, Nuclear Electric Insurance, PMI Mortgage, Standard Life of Indiana and many others. (Our free guide also contains a more extensive list of insurers.)

  • Cities and states: An epidemic of defaults by thousands of cities, states and other issuers of tax-exempt municipal bonds.

  • Stock market shutdowns: Trading halts on major, big-cap stocks … plus on-again, off-again exchange shutdowns, making it increasingly difficult for investors to liquidate their holdings at any price.

  • Credit market deep freeze: A virtual shutdown in all debt markets except U.S. Treasuries. An avalanche of selling — and virtually no buyers — for corporate bonds, commercial paper, asset-backed securities, municipal bonds and all forms of bank loans.

  • Government bond collapse: A steep decline in the price of medium-and long-term government securities, as the U.S. Treasury bids aggressively for scarce funds to finance a ballooning budget deficit.

Shocking? Perhaps. Avoidable? No.

Saturday, February 21, 2009

WAR ON TERROR

OBAMA AWOL IN TERROR WAR

By Dick Morris And Eileen McGann
02.19.2009

President Barack Obama’s record in battling terrorism has proven so weak that one wonders if he really takes the issue seriously.

Since he has taken office, the president has:

• Announced closure of Guantanamo.

• Declined to prosecute the mastermind behind the USS Cole bombing.

• Closed all overseas CIA interrogation centers.

• Appointed an Attorney General and Justice Department officials on record as opposed to the use of “enhanced” interrogation techniques in terror investigations.

• Granted Al Arabia television his first news organization interview and called Fatah Party leader and PA President Mahmoud Abbass in his first phone contact with any foreign leader.

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Of course, Gaza is totally controlled by the terrorist group Hamas which grabs any aid that arrives and uses it for its own purposes. In fact, on February 7th, the U.N. Relief and Works Agency (UNRWA) - the body charged with distributing the new U.S. aid - announced that it was suspending assistance in Gaza because ten lorries, laden with humanitarian supplies, were seized by Hamas members. It was the second time that week that Hamas has stolen aid destined for the UNRWA.

Christopher Gunness, a UNRWA spokesman, told Al Jazeera that UN aid shipments would not restart until the goods were returned. “Until we get all of this aid back, and until we receive credible assurances from the Hamas government, the suspension of our imports of aid into Gaza will continue, he said.”

Responding to the obvious low profile Obama is giving his battle against terrorism, two key nations - one an adversary and the other an ally - both acted to aid al Qaeda in the days after Obama’s inauguration. Neither got so much as a verbal a slap on the wrist from the new Administration.

The Associated Press reported, on February 8th, that Yemen, which boasts of having a “truce” with al Qaeda, “released 170 men it had arrested on suspicion of having ties to al Qaeda.” The announcement came “two weeks after [al Qaeda] announced that Yemen had become the base of its activities for the whole Arabian Peninsula.”

Yemen has also made it clear that it expects most of the 100 remaining Yemenis at Guantanamo (out of the 250 inmates still there) to be sent home after Obama orders the prison shut.

And, Pakistan, a supposed ally, has just concluded a deal with the Taliban ceding to its control an area on the Afghan/Paki border which its troops had, unsuccessfully, tried to capture. The Taliban now has the same deal it had in Afghanistan - a protected sanctuary from which to launch raids on the West. In view of the Administration’s passive acquiescence in the Paki decision, one is driven to ask why do we still care about freedom in Afghanistan?

On all fronts, the message from Obama is the same - surrender, pullback, and weakness. It is a matter of time until al Qaeda and other terrorists walk through the door he and his appointees are holding open and hit us again.

WAR ON TERROR

OBAMA AWOL IN TERROR WAR

By Dick Morris And Eileen McGann
02.19.2009

President Barack Obama’s record in battling terrorism has proven so weak that one wonders if he really takes the issue seriously.

Since he has taken office, the president has:

• Announced closure of Guantanamo.

• Declined to prosecute the mastermind behind the USS Cole bombing.

• Closed all overseas CIA interrogation centers.

• Appointed an Attorney General and Justice Department officials on record as opposed to the use of “enhanced” interrogation techniques in terror investigations.

• Granted Al Arabia television his first news organization interview and called Fatah Party leader and PA President Mahmoud Abbass in his first phone contact with any foreign leader.

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Now, with no strings attached, the president has allocated $20.3 million in “post-conflict humanitarian aid” to “Palestinian refugees and conflict victims in Gaza. The additional funds bring to $60 million U.S. aid commitments in Gaza.

Of course, Gaza is totally controlled by the terrorist group Hamas which grabs any aid that arrives and uses it for its own purposes. In fact, on February 7th, the U.N. Relief and Works Agency (UNRWA) - the body charged with distributing the new U.S. aid - announced that it was suspending assistance in Gaza because ten lorries, laden with humanitarian supplies, were seized by Hamas members. It was the second time that week that Hamas has stolen aid destined for the UNRWA.

Christopher Gunness, a UNRWA spokesman, told Al Jazeera that UN aid shipments would not restart until the goods were returned. “Until we get all of this aid back, and until we receive credible assurances from the Hamas government, the suspension of our imports of aid into Gaza will continue, he said.”

Responding to the obvious low profile Obama is giving his battle against terrorism, two key nations - one an adversary and the other an ally - both acted to aid al Qaeda in the days after Obama’s inauguration. Neither got so much as a verbal a slap on the wrist from the new Administration.

The Associated Press reported, on February 8th, that Yemen, which boasts of having a “truce” with al Qaeda, “released 170 men it had arrested on suspicion of having ties to al Qaeda.” The announcement came “two weeks after [al Qaeda] announced that Yemen had become the base of its activities for the whole Arabian Peninsula.”

Yemen has also made it clear that it expects most of the 100 remaining Yemenis at Guantanamo (out of the 250 inmates still there) to be sent home after Obama orders the prison shut.

And, Pakistan, a supposed ally, has just concluded a deal with the Taliban ceding to its control an area on the Afghan/Paki border which its troops had, unsuccessfully, tried to capture. The Taliban now has the same deal it had in Afghanistan - a protected sanctuary from which to launch raids on the West. In view of the Administration’s passive acquiescence in the Paki decision, one is driven to ask why do we still care about freedom in Afghanistan?

On all fronts, the message from Obama is the same - surrender, pullback, and weakness. It is a matter of time until al Qaeda and other terrorists walk through the door he and his appointees are holding open and hit us again.

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