The history of credible data collection for the needs of private businesses in the US was relatively short. The 1907 stock market crash was the watershed moment after which the dependence of credit rating agencies (CRAs) on powerful corporations and their complicity with the rated companies, especially the financial market […]
Anglosphere
Default by Greece and the US
In mid June Alan Greenspan, former Federal Reserve chairman, said a default by Greece is “almost certain” and could help drive the US economy into recession. Greenspan’s loud statement on Greece may be a “sound curtain” to prepare the global community to a default by the US… First – a […]
China-US: What Is Inside Real Politics
As we continue our conversation about relations between the United States and China, I should point out that the United States controls China both militarily and politically. How does that work? To begin, we need to answer the main question: does the United States today want to cut off China’s […]
China-US: Big Guns As a Basis of Understanding
As we continue our earlier conversation about relations between China and the United States, it bears repeating that at present both sides acknowledge that the relationship is good, as far as China is concerned, and excellent, per the United States. The US assessment is understandable. America is living in luxury […]
Wall Street’s Role in Narco-Trafficking
Imagine what your reaction would be if the Mexican government agreed to pay Barack Obama $1.4 billion to deploy US troops and armored vehicles to New York, Los Angeles and Chicago to conduct military operations, set up check points, and engage in fire-fights that end up killing 35,000 US civilians […]
The United States Wants Iraq to Pay for Being “Democratized”
Democracy American-style is such a precious commodity that they don’t give it away. Of course, the Americans may be generous at first and let you have it on credit. But eventually the debt has to be be repaid. US Congressman Dana Rohrabacher visited Iraq and met with local Prime Minister […]
No Limits When Spooks Have a Brawl
A war of words has erupted between CIA and ISI. The CIA fired the first shot by giving an exclusive story to NYT that ISI has picked up the US agency’s Pakistani informers who tipped off the location of Osama bin Laden’s villa in Abbottabad. Then in the typical style […]
Let’s Have a Warm Gesture, Mr. Gates!
When the Soviet Union collapsed, there was great glee in the “West” especially in America. “We won” they shouted as if their team had won the World Cup. Capitalism, in the struggle against Communism, had carried the day. Khrushchev had the right slogan when he said the Americans, “we will […]
China-US: How to Not Work and Still Eat
Let’s assume that planet Earth’s resources are finite, mining neighboring planets is in the distant—very distant—future and the world’s population is growing at an absurd pace. That means we are facing the problem posed by the famous English preacher, Thomas Malthus. Incidentally, here we should stop and ask ourselves, “Can […]
Missile Defense: America Wants Russia to Take Her on Trust
The United States does not believe it has to give Russia a legal guarantee that the developmental American missile defense system is not directed against them. “We have given legally binding guarantees on offensive weapons against Russia. And that is really what they need,” said Patrick Leahy, Chairman of the […]
World On Course For Next Crisis?
In his recent article in The Telegraph, Gordon Brown, the ex British PM, has urged politicians at the next G20 summit, which takes place in Cannes in November, to take control of a globalised financial system which is still “perilously” unregulated. The West is following a practice—and a very dangerous […]
Obama Caught Between Israel and Palestine
A border dispute In a 45-minute Middle East speech on May 19, Barack Obama became the first U.S. president to say the future Palestinian state should be formed within the borders established before 1967. He specifically said that the border between Israel and the future State of Palestine should “be […]
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