‘Scandal of privatized aid’: Free-market consultants cream off £450mn in UK govt funds
RT | April 1, 2016
Free-market consultants in Britain are taking hundreds of millions of pounds ring-fenced to alleviate poverty in the developing world, as the government continues with its agenda of privatizing aid, a damning report has warned.
A study conducted by British NGO Global Justice Now (GJN) raises grave concerns over the sheer amount of aid money the Department for International Development (DfID) has given to consultants Adam Smith International (ASI) for overseas aid projects.
The report, titled The Privatization of UK Aid, was published on Friday.
It found that ASI has won a minimum of £450 million (about US$640 million) in aid-funded contracts over the last five years. DfID funneled almost £90 million of its budget through the consultancy firm, more than the total amount given to human rights and women’s rights groups. This figure is almost double that spent on projects to tackle Aids and HIV, according to the report.
The study examined how much of DfID’s work was geared towards supporting market-based development and the private sector in poor states. Recent projects included backing for a “business advocacy capacity development program” in Zimbabwe, and projects to increase private schooling in Kenya.
The report also analyzed a number of existing case studies on ASI projects, such as the consultancy firm’s role in privatizing Nigeria’s energy system and making Afghanistan “investor friendly” by helping to rewrite energy extraction legislation there.
The NGO said the legislation, which was later passed into law, lacks transparency and does not protect local citizens’ rights. ASI has also helped to develop new mining legislation and regulations in Papua New Guinea, where the energy extraction technique has a legacy of violent conflict. GJN’s report says the laws have been branded “authoritarian and regressive” by critics.
The NGO argues that Westminster’s increasing use of consultancy firms forces out smaller companies in impoverished states and highlights DfID’s tendency to embrace private partnerships and back private-sector development schemes that risk jeopardizing communities in the developing world. It has called on DfID to explain why it chooses to hire profit-driven British firms like ASI rather than using its own employees or companies in the developing world.
GJN also urged DfID to be more transparent on contractors’ costs, and to release a robust plan on spending more through organizations in developing countries.
DfID defended its use of private contractors, arguing British aid is assisting highly vulnerable people in crisis-ridden states.
“UK aid is focused on tackling extreme poverty, helping people in some of the most fragile and dangerous places on Earth, including war zones and disaster areas,” a spokeswoman for the government department told the Guardian.
“We draw on specialist expertise from charities, NGOs and the private sector to get the job done and get the best value for taxpayers.”
Labour’s Shadow Secretary for International Development Diane Abbott said the government must take a serious look at how aid money is spent.
“UK aid is being used to pay for consultants instead of alleviating poverty in the global south. We must look beyond simply spending 0.7 percent of UK GNI on aid, but look at how it is spent. UK aid should be first and foremost about tackling poverty and inequality and not benefitting the UK,” she said.
“We need to critically assess if the sort of free market reforms that Adam Smith International are enabling in the developing world, using UK taxpayers’ money, are actually helping to alleviate poverty or if they are making it worse.”
ASI defended itself against the allegations in the report.
“The vast majority of the world’s poor are in the informal private sector. To bring people out of poverty, one must address the factors that are keeping them poor,” the firm said in a statement.
“We engage with the private sector to reduce poverty by helping create jobs and make markets more accessible. This type of development is widely reflected in donor strategies and recognized in the 8th sustainable development goal.”
ASI stressed its “expert associates” and employees hail from diverse backgrounds, and are “all committed to poverty alleviation.” The think tank went on to claim the projects mentioned in GJN’s study had been misreported and “taken out of context.”
However, GJN’s campaigns and policy officer, Aisha Dodwell, hit back, saying British taxpayers would be shocked if they knew how much UK aid money was given to free-market consultants.
“UK aid could be used to strengthen public services, support civil society, and build democratic and accountable institutions,” she said.
“Instead of padding the pockets of big UK contractors like Adam Smith International.”
ASI describes itself as a transparent, objective organization dedicated to making public services more robust. It also claims to support economic growth and civil society, while building “democratic and accountable institutions.”
Austria casts doubt on immediate bans lift from Iran
Press TV – March 30, 2016
Austrian President Heinz Fischer has cast doubt on the US and Western resolve for the immediate removal of all anti-Iran sanctions.
Fischer has told IRIB that it is unclear how long it will take for the West to lift sanctions on Iran.
Iran’s historic agreement last year with permanent UN Security Council members plus Germany (P5+1) went into force on January 16 to end 13-years of Western dispute over Tehran’s nuclear program and pave the way for the lifting of sanctions on the country.
But more than two months later, Iran is still awaiting the full opening of business transactions with some companies in the West as some banks are facing restrictions in the US on handling business with Tehran.
The Austrian leader said it was not up to a single country to lift all the sanctions, but that the United States had a part to play.
“Austria alone cannot lift the sanctions. The EU cannot do it alone too, but it is the international community that should do it,” Fischer said.
“The US also plays a role in this regard,” he added.
“A process for sanctions removal has begun, but I cannot make any predictions on how long this issue will last. I hope all sides fully adhere to the [nuclear] agreement.”
The Austrian president was answering a question on issues facing Iranian banks, some of which still seek to join the international payments system, SWIFT, for the resumption of foreign transfers.
The Austrian leader paid a visit to Tehran in September 2015 at the head of a 240-member delegation with the purpose of discussing ways to improve Tehran-Vienna relations.
Not all the banks in Iran have been able to reconnect to SWIFT since the lifting of sanctions was announced in January.
A senior Iranian official said last month that 26 Iranian banks have so far been reconnected to SWIFT after the removal of the economic sanctions against Iran in mid-January.
SWIFT – the Society for Worldwide Interbank Financial Telecommunication – is used by nearly every bank around the world to send payment messages that lead to the transfer of money across international borders. It provides a wide range of service including transmitting letters of credit, payments and securities transactions among 9,700 banks in 209 countries.
However, it became off limits to Iranian banks in 2012 after the implementation of the US-led sanctions against the country. Accordingly, around 30 Iranian banks were blocked from using SWIFT services, literally cutting off Iran from the global banking system.
US, three allies urge UN meeting on Iran missile tests
Press TV – March 30, 2016
The United States and some of its European allies have reportedly called for a meeting at the United Nations Security Council (UNSC) on Iran’s recent missile tests, which they claim were carried out in defiance of a UN resolution.
According to a letter reportedly obtained by Western news outlets on Tuesday, the US, Britain, France, and Germany have asked UN Secretary General Ban Ki-moon and Spain’s UN Ambassador Roman Oyarzun Marchesi for discussions on an “appropriate response” by the UNSC to Iran’s missile tests.
The four countries claimed that the missiles used in Iran’s recent tests were “inherently capable of delivering nuclear weapons” and were “inconsistent with” and “in defiance of” UNSC Resolution 2231 (2015), adopted last July to endorse a nuclear agreement between Iran and the P5+1 group of countries.
Spain has been assigned the task of coordinating UNSC discussions on Resolution 2231.
The claim comes even as Resolution 2231 does not prohibit Iran from testing missiles, and only “calls upon” the Islamic Republic to refrain from testing missiles “designed to be capable of” carrying nuclear warheads. Iran has made clear that it does not seek to build nuclear warheads to be carried on missiles and has put its atomic activities under unprecedented, enhanced international supervision under the nuclear deal with the P5+1.
On March 9, Iran’s Islamic Revolution Guards Corps (IRGC) successfully test-fired two ballistic missiles as part of measures to assess IRGC capabilities. The missiles, dubbed Qadr-H and Qadr-F, were fired during large-scale drills code-named Eqtedar-e-Velayat.
Iran fired another ballistic missile dubbed Qiam from silo-based launchers in different locations across the country on March 8.
A similar US-led bid against the Iranian missile tests failed in March, as other diplomats in a closed-door UNSC meeting on Iran back then made it clear that Resolution 2231 did not prohibit Iranian missile tests and thus a response was not warranted to such tests.
Russian Ambassador Vitaly Churkin reiterated that, in the view of veto-wielding Russia, Iran’s ballistic missile tests did not violate Resolution 2231.
In the new letter, the four countries refrained from using the term “violation,” saying instead that the Iranian missile tests were “in defiance of” the resolution. However carefully-worded, it is not clear what kind of legal action the four countries would want to be taken against Iran, as the Islamic Republic says it has not violated its commitments.
Resolution 2231 (2015), which endorses the Joint Comprehensive Plan of Action (JCPOA) — the Iran-P5+1 agreement — provides for the termination of the provisions of previous Security Council resolutions over the Iranian nuclear program.
Iran argues its missiles are defensive and designed to carry conventional explosives only.
Earlier this month, Iran’s Foreign Minister Mohammad Javad Zarif said the missiles are a means of defense. “We spent a fraction of any other country in the region on defense, and missiles are a means of defense that we require,” he said.
Tehran insists that given the deepening insecurity in the region and the fact that many countries are spending hefty sums on arms purchases, it needs to boost its defensive missile program.
The US, Britain, France, and Germany were, along with China and Russia, members of the P5+1. Iran and the six other countries started implementing the deal on January 16.
The Rise of the Jewish Policy Elite: Meritocracy, Myth and Power
By James Petras :: 03.26.2016
Introduction:
Obama’s nomination of Merrick Garland to the Supreme Court marks a continuation and deepening of the lopsided ethno-religious representation in the US judicial system. If Garland is appointed, Jewish justices will comprise 45% of the Court, even though they represent less than 2% of the overall population.
Roman Catholics comprise the other 55% of the Court – even though they represent approximately 30% of the population. Protestants (historically the authors and signers of the country’s foundational documents, and the major confessional group) are totally absent from this august body of jurists.
Equally important the increasing power of Jewish justices on the Supreme Court is accelerating: Counting Garland, two of the last three appointments (67%) have been Jews.
In the first half of the 20th century in the US, progressive Jews and civil libertarians decried what they termed WASP (white Anglo-Saxon Protestant) exclusivity, privilege and discrimination, citing their domination of the Supreme Court and their ‘over-representation’ throughout the elite centers of power. Having totally displaced and replaced the dreaded WASPS, there is nary a word from the plethora of civil rights groups and Jewish organizations claiming to be concerned with issues of discrimination and exclusion. Perhaps the marginalized WASP population lacks any qualified jurists among their scores of millions, an ethno-cultural degeneration unique in US history or perhaps the last few WASPs appointed to the Supreme Court turned out to be among the most ardent and independent defenders of citizen rights, to the chagrin of numerous Administrations.
Nevertheless, if a rare individual should dare to raise the issue of nepotism and the exercise of narrow political considerations in the choice of Supreme Court nominees, the factious response is that ‘it’s all about merit’. Meaning, among the thousands of WASP graduates of the top law schools with academic awards and publications in prestigious journals, no qualified candidate can be found to address this lack of representation.
But scholarship and originality may not be of much merit: A brief perusal of the legal publications of Elena Kagan and Merrick Garland reveals meager, mediocre and pedestrian articles and monographs. In the case of Kagan, her rise to power was facilitated by her relationship with the former (and heartily voted out of office) Harvard President ‘Larry’ Summers, who appointed her Dean of the Law School despite her lack of quality publications. Summers, as Harvard President, led a raucous and bullying campaign against any academic critics Israeli policies during his abruptly abbreviated tenure in office.
Clearly the problem of ethno-religious nepotism is not confined to Jews, it was an abuse practiced by WASP elites and others before them. Nor does such nepotism benefit the average wage and salaried Jews, who have to struggle side-by-side with their Gentile compatriots to make a living and exercise their rights.
However, nepotism or ethno-religious favoritism has become an acute problem now when exclusive control of the Supreme Court compounds the growing problems of abuse in other spheres of the power structure – political, economic and mass communications. This imbalance has profound repercussions on everything from US overseas wars of aggression to the everyday struggle of Americans faced with deepening inequalities and the shredding of the social contract.
Historically, and particularly among progressive and leftist critics, what was referred to as the “Jewish Problem” was a multifaceted issue that revolved around the persecution of resident Jews by anti-Semitic regimes and within Christian majority cultures. Various solutions included the granting of citizenship rights following the French Revolution, socio-cultural assimilation, the development of socialism or separation and re-settlement in Palestine through the Zionist movement. Today the major issue has turned into an ‘American Problem’: how a powerful ethno-religious elite can use its multi-faceted power to secure (and create) strategic positions in the state while excluding contenders, repressing critics and actively promoting policies in the interest of a foreign state, Israel.
Not all Jewish appointees and elected officials explicitly follow the extremist position of the most aggressive Zionist organizations, especially the self-styled ‘Presidents of the Major American (sic) Jewish Organizations’… but… nor do they openly object to Israeli-First activities or try to block them – for fear of ostracism and retribution – with the calumny of ’self-hating Jew’ unlikely to promote one’s career or social life.
Chosen People: The Myth of Meritocracy and the Practice of Mediocrity
To deal with the rise of Israel-First individuals to positions of power in the US, it is essential to analyze the all-pervasive claims of meritocracy, the argument that their influence is based on their ‘universally acclaimed’ achievements, intelligence and superiority far beyond their elite rivals. The argument of ‘unique merit’ blends smoothly with traditional Talmudic and contemporary Israeli-chauvinist belief that Jews are ‘the Chosen People of God’, destined to prevail over the inferior ‘others’.
The meritocratic argument is partly based on circular arguments contending that the disproportionate number of Jewish billionaires means they are more brilliant in business; that pro-Israel dominance within the US corporate mass media proves that Jewish media moguls are smarter and Israel is a righteous state . . . and the rise of Israel-Firsters in government, academia and finance reflects their higher intelligence, greater work ethic and accomplishments.
It is with the latter that we have to deal, because the significance of higher grades, diplomas from prestigious universities and piles of academic awards has to be proven on the ground. It is not simply the achievement of high individual positions and great wealth that matter, but how the policies formulated and practices pursued by these elite individual have affected the lives of 330 million Americans, the nation, its prestige, welfare and moral authority.
If we use these alternative ‘evidence-based’ criteria, we find a huge disparity between high levels of academic achievement and disastrous performance when in public office.
We can cite the Federal Reserve chairman, Alan Greenspan’s deregulatory policies, which led to the greatest financial crash since the Great Depression and his successor, Benjamin Bernanke, who presided over the trillion-dollar bailout of Wall Street banks while millions of American’s lost their homes. Both attended elite institutions, both secured numerous prestigious awards . . . and both imposed disastrous policies on the American nation and people – with complete impunity for their monumental mistakes, while American workers continue to suffer.
Treasury Department
Stuart Levey was the first Undersecretary for Terrorism and Financial Intelligence within the US Treasury Department (a position created by AIPAC and tailored specifically for Levey). He graduated from Harvard College summa cum laude and magna cum laude. While Stu Levey was racing around the US and the rest of the world enforcing the economic sanctions against Iran (which he authored in line with Israeli directives), narco-terrorists from Mexico, Central America, Colombia and Peru were freely washing hundreds of billions of dollars a year in US banks. Meanwhile, Saudi Arabian officials who funded jihadi terrorists were never prosecuted or sanctioned – even after attacks within the US.
Levey’s successor, David Cohen (who else!) followed the same policy. Multi-national banks and corporations, which had corrupted officials, swindled investors, evaded taxes and laundered illicit funds were never investigated, let alone charged. Cohen devoted his time and effort, at Israel’s behest, enforcing sanctions against Iran and endeavoring to sabotage any US-Iran nuclear negotiations.
Foreign Policy
From the Clinton era through the George W. Bush and Obama regimes, the US engaged in a series of wars against predominantly secular governments in Muslim countries, which had been opposed to Israel’s brutal occupation of Palestine.
Key policymakers in the design and execution of US war policy were prominent Jews bristling with diplomas from the most prestigious universities.
These ’scholars’, the ‘cream’ of US academe, blatantly falsified the pretexts for the US’ disastrous thirteen-year war (and counting) in Iraq, the lost (15-plus year) war in Afghanistan, the invasion and destruction of Libya and Syria. Their brilliant plans have led directly to the rise of ISIS throughout the region and the displacement of tens of millions of civilians in the Middle East, West Asia and North Africa.
Due credit must be given to the midwives of the 21st Century wars of foreign conquest and domestic decay: Standing out among the principle architects of these foreign policy disasters is Elliott Abrams, BA and Doctor of Jurisprudence, Harvard University. Abrams had been officially censored for lying directly to the US Congress about his role in the Iran-Contra scandal under President Ronald Reagan in the 1980s. During that administration, Elliot directed US official support for the dictatorial regimes in Nicaragua, Guatemala, El Salvador and Honduras where over 250,000 Central American civilians were massacred. The new millennium wiped clean his tawdry slate of crimes against humanity and he was appointed a leading National Security Advisor under President George W. Bush 2002-2009. In this role, he fabricated ‘evidence’ linking the secular government of Iraq to the fundamentalist Al Qaeda and he served as a transmission belt channeling false Israeli ‘intelligence’ that Iraq possessed banned weapons of mass destruction. No weapons were ever found – a ‘mere detail of history’, according to his partner, Paul Wolfowitz. These blatant lies pushed to Bush Administration to invade and destroy Iraq.
While Elliot Abrams was strategically placed in the Bush/Cheney White House, his partners in deception, Paul Wolfowitz and Douglas Feith controlled Middle East policy at the Pentagon. This dream team of Abrams, Wolfowitz and Feith formed the powerful Israel-First Troika responsible for the military policies which systematically destroyed Iraq’s state apparatus, decimating its civil society, fragmenting the country and precipitating gruesome ethno-religious wars and the rise of ISIS. This ‘Troika’ has never been held responsible for the deaths of over one million Iraqis – but credit should be given to the ‘meritorious’.
Dr. Paul Wolfowitz received his BA from Cornell and PhD from the University of Chicago. In the 1980’s, early in his government career he temporarily lost security clearance for having passed confidential documents to Israeli agents. Despite this ‘youthful indiscretion’ (or act of treason), Wolfowitz became Deputy Defense Secretary under President George W. Bush (2001-2005). In this position, he was one of the earliest and most forceful advocates for military interventions against Iraq, Syria, Iran, Lebanon and Libya. He persuaded the American Congress and the Bush Administration that the invasions of Afghanistan and Iraq would be short and self-financing. He glowingly predicted that the wars would ‘pay for themselves’ in terms of looted natural resources and ‘re-construction’ contracts. In fact, the wars in Iraq and Afghanistan have cost tens of thousands of US military casualties, over a trillion dollars in military expenditures and they continue over 13 years (Iraq), and 15 years (Afghanistan) with no end in sight but completely devastated societies spewing millions of refugees and thousands of terrorists.
Equally luminous in academic credentials, the third of the ‘Israel-First Troika’, Douglas Feith received his BA from Harvard (magna cum laude), and JD (magna cum laude). He worked closely with Israeli intelligence officials fabricating out of whole cloth the myth of Saddam’s quest for ‘yellow cake’ uranium to construct Iraqi nuclear weapons of mass destruction pushing the US into war against Iraq.
Feith set up a cozy nest at the Pentagon, the ‘Office of Special Plans’ (OSP), which served as a base of operations for Israeli operatives. One thoroughly disgusted former Pentagon official described the flow of Israeli officials in and out of OSP as resembling ‘a brothel on Saturday night’.
One of Feith’s crowning achievements was the destruction of the Iraqi Baath Party and administrative apparatus, which included the entire police force, the army and public administration, education, and even the huge public health system. Virtually all qualified Iraqi officials were either fired or ‘disappeared’. The result was the total breakdown of essential services, the pillage of the national and historic patrimony and decimation of civil and secular Iraqi society. Even the most fabulous archeological treasures of Mesopotamia were destroyed or looted for American and European collectors. Feith’s level of meddling and disastrous policies led the colorful US General Tommy Franks to describe the Harvard ‘JD’ as “the dumbest fucking guy on the planet”.
Hovering on the periphery of the ‘Troika’ was the ‘mysterious’, veteran manipulator, Richard Perle. With his BA from the University of Southern California and MA from Princeton (and no military experience), Perle was qualified to push for serial US wars on Israel’s behalf, starting with Iraq and moving on to all other countries which had traditionally supported the rights of the Palestinian people. He was a key member of the US Defense Policy Board under the Bush Administration and the front ideologue for invading Iraq. His second ‘job’ was strategic adviser to Israeli Prime Ministers Ariel Sharon and Benyamin Netanyahu. Perle pushed for US military intervention to effect ‘regime change’ in Syria and Iran as well as Libya.
Beyond the warrior ‘troika’ and shadowy Mr. Perle, there is Dr. Dennis Ross who received his BA and PhD from UCLA and taught at Harvard’s Kennedy School of Government. Ross and fellow uber-Zionist, Martin Indyk, founded the American Israel Public Affairs Committee (AIPAC) the most influential lobby on Middle East policy and a virtual ‘king-maker’ in Washington. He was President Bill Clinton’s ‘Middle East Coordinator’, ensuring that Israel’s land grabs in the occupied territories were unimpeded, and indeed justified and funded by the US taxpayer. His notoriety in promoting the brutal and illegal confiscation of Palestinian property earned him the title as ‘Israel’s lawyer’ even among his most pro-Israel colleagues.
Ross made sure that Israel would not be bound to the Camp David agreements even as President Clinton claimed the negotiations as his landmark achievement in diplomacy. AIPAC, under Ross and Indyk, lobbied long and hard for the US invasion of Iraq; it backed Israel’s invasion of Lebanon and justified the expansion of apartheid style ‘Jews only’ colonial settlements in the occupied Palestinian West Bank.
During the Obama Presidency, Ross served as Special Adviser for the Persian Gulf and Southwest Asia to Secretary of State Hilary Clinton. In this capacity, he actively opposed diplomatic negotiations with the government of Iran or the Taliban in Afghanistan.
Ross’ partner, Martin Indyk received his PhD from the Australian National University and served as Deputy Research Director and co-founder of AIPAC (1982-85). This, the most powerful lobby in Washington, serves exclusively as a political fifth column for the Israeli Foreign Office. Indyk was founding Director of the Washington Institute of Near East Policy (WINEP), a barnyard of ideological propagandists for Israel. When President Clinton appointed (the Australian, Israeli, US citizen) ‘Marty’ Indyk as US Ambassador to Israel, serious questions came up about his transfers of confidential documents to Israel. He thus became the first Ambassador stripped of security clearance. Israel Lobby pressures led to reinstated security clearance for Indyk who was subsequently named Assistant Secretary of State for Near Eastern Affairs. As a mouthpiece for Israel’s interests, Indyk has pushed to ‘contain’ Iraq (through bombing) and Iran (through economic sanctions).
Throughout his career, Indyk sabotaged peace negotiation between Israel and Palestine and he undermined any early diplomatic resolution of the Iraq-US conflict, which might have prevented the disastrous war. His meddling on Israel’s behalf has cost the US treasury hundreds of billions of dollars in lost trade with Iran. Despite his clear record of ’service to Israel’ and ‘disservice to the US’, President Obama appointed Indyk as US (sic) Special Envoy for Israel-Palestine Negotiations (2013-2014). In this supposedly ‘diplomatic’ role he failed to protect even one acre of Palestinian farmland among the hundreds seized by Israel for the illegal establishment of many ‘Jews Only’ enclaves the occupied West Bank.
Economic Policy – More Mediocrity, Less Meritocracy
Jack Lew, Secretary of the Treasury (2013-2016) heads an ethno-Chauvinist quintet dictating US foreign and domestic economic policy (with Michael Froman, Chief Trade Negotiator; ‘Penny’ Pritzer, Secretary of Commerce; Lawrence Summers, Director of National Economic Council and Janet Yellen, head of the Federal Reserve Bank). Lew pushed policies favoring the wealthiest 1% along with his co-religionist Michael Froman, while millions of Americans were plunged into poverty and stagnation. Their policies include Free Trade Agreements in Europe, Asia and Latin America which have led to the relocation of US MNC overseas, massive job losses at home, further deepening inequalities and degrading work conditions and wages. Recently, in his stellar public career, Jack Lew was investigated for lying to the US Congress about the national debt, the size and growth of which he deliberately understated. Thanks to his ‘backers’, he was never charged . . . Of course, Lew has his BA from Harvard and JD from Georgetown, which accounts for his success on behalf of the leisure class.
Penny Pritzer, Obama’s Secretary of Commerce (2013-2016) received her BA from Harvard and JD and MBA from Stanford. She is a Chicago billionaire, who served as National Financial Chairperson of for Barack Obama’s 2008 Presidential campaign, and was National Chair of his 2012 campaign. Pritzer has been major player among prominent Chicago Jews ensuring that ‘their candidate’ Obama ‘got it right’ on US-Israel relations. Despite having been fined $460 million by the US Treasury Department for predatory banking (Pritzker’s, Superior Bank of Chicago had fleeced millions of poor and middle class household mortgage holders and investors of billions of dollars of their assets), a grateful Obama named Penny Pritzker as his Secretary of Commerce. She quickly teamed up with Froman and Lew in promoting the ‘free trade’ agreements that have thoroughly undermined US regulations protecting labor and the environment. Billionaire Pritzker and her partners have been fabulously successful in globalizing profits for the elite while ’socializing’ the cost of corporate flight abroad onto the backs of the US working and middle classes.
Dr. Michael Froman, Obama’s Chief Trade Negotiator, has a BA from Princeton, a JD from Harvard and PhD from Oxford. Prior to heading up Trade, Froman served under ‘Bill’ Clinton in Treasury and was a National Security adviser to President Obama. He actively pushed for Obama’s program of expansive domestic police state surveillance. He is also the principal author and promoter of the Trans-Pacific Partnership, which includes eleven Pacific nations and is designed to marginalize and encircle China . . . This is a ‘trade’ partnership, which may jeopardize the profits of over 500 major US MNC with investments in China and the US multi-hundred-billion-dollar trade relation. Froman is one of the major architects of Obama’s ‘pivot to Asia’, which has heightened military tensions and threatens the entire West Coast economies heavily dependent on China trade.
Not to be outdone by other luminaries in the ‘economic quintet’, Lawrence Summers had been President at Harvard University until he was booted out by a resounding “no confidence vote” by the faculty – despite the efforts of Zionist academics and trustees who stuck by their ‘golden boy’. Summers, along with co-religionist Alan Greenspan (it has been so hard to find any competent Gentiles to steer the US economy), was one of the prime authors of the deregulatory financial policies leading to the 2008-09 financial-economic crash. This crushing success caused double-digit unemployment, three million household foreclosures and forced a trillion dollar bank bailout down the gagging throats of the US taxpayers.
Summers led the charge on the successful repeal of the New Deal, Glass-Steagall Act, a venerable depression era legislation designed to prevent banks from speculating with their depositors’ savings – which the banks promptly did after the repeal.
As Under-Secretary of Treasury in 1993, Deputy-Secretary in 1995 and Treasury Secretary in 1999, the Harvard and MIT-diploma-laden Summers advised the vodka-soaked ‘experts’ around Boris Yeltsin to ‘privatize the Russian economy’ – resulting in the pillage by gangster-oligarchs of over $500 billion dollars in public properties, banks and natural resources and providing significant profits for a score of Harvard-based ‘advisers’.
As President of Harvard, he attributed the absence of women scholars in science, mathematics and engineering to their lack of ‘high-end’ intellectual capacity (ignoring centuries of ingrained discrimination) and he trivialized the academic work of Afro-American scholar, Cornel West, causing him to leave and join Princeton. His denigration of a major African-American scholar was in line with his views on Africa while at the World Bank where he advocated shipping toxic waste because, ‘I’ve always thought that the under-populated countries in Africa were vastly under-polluted.”
After alienating women and African Americans, Summers spearheaded a vitriolic attack on any and all campus critics of the state of Israel. He targeted student leaders of the peaceful Boycott, Divestment and Sanctions movement as ‘anti-Semites’ or ’self-hating Jews’, using the University Presidential bully platform to silence opponents of his pro-Israel politics. Eventually, he was ousted from office by an overwhelming faculty vote ostensibly for his financial ‘conflict of interests’ related to his Yeltsin-era dealings with mega-swindler Andrei Shleifer whose shady deals in Russia’s privatization orgy made some Harvard officials very wealthy.
Self-promoted, academic spokesman for the American worker, Robert Reich received his JD at Yale Law School and taught at Harvard. He served as Labor Secretary under Clinton (1993-97). During Reich’s tenure, labor union membership steeply declined, laws prohibiting worker organizing were tightened and the minimum wage became a minimum survival wage. Reich hung on to his Cabinet position even after the North American Free Trade for the Americas (NAFTA} was approved destroying over two million once secure American manufacturing jobs. He hung on as President Clinton carpet bombed the renowned worker self-managed factories of Yugoslavia. He kept his luxurious office in Washington after Clinton bombed Sudan’s principle factory for the production of vaccines and antibiotics leaving millions of children and adults without basic vaccines and medicines. Reich kept ‘mum’ even as Haiti was invaded and a harsh neo-liberal anti-worker agenda was imposed to permit the democratically elected President Aristide to return to office.
While domestic inequalities deepened and economic deregulation extended, Reich remained in office. Reich ignored Israeli violence against Palestinian labor unions and workers, backing Clinton’s “carnal relation” with Tel Aviv.
After years of devastation against workers at home and abroad, Reich left Washington for a cushy $243,000-a-year appointment at UC Berkeley where he ‘teaches’ two hours a week assigning his own op-ed columns in the mass media as ‘reading material’. When not engaged in such strenuous scholarship, Reich has managed to churn out books ‘critical of neo-liberalism, inequality and social justice’. ‘Crying all the way to the bank’, this intellectual for the oppressed worker has to manage the $40,000 he is paid for each 45 minute speech on the lecture circuit. On an hourly basis, Reich earns 6 times more than the average US corporate CEOs he denounces.
Conclusion
From our discussion it is clear that there is a profound disparity between the stellar academic achievements of Israel-First officials in the US government and the disastrous consequences of their public policies in office.
The ethno-chauvinist claim of unique ‘merit’ to explain the overwhelming success of American Jews in public office and in other influential spheres is based on a superficial reputational analysis, bolstered on degrees from prestigious universities. But this reliance on reputation has not held up in terms of performance – the successful resolution of concrete problems and issues. Failures and disasters are not just ‘overlooked’; they are rewarded.
After examining the performance of top officials in foreign policy, we find that their ‘assumptions’ (often blatant manipulations and misrepresentations) about Iraq were completely wrong; their pursuit of war was disastrous and criminal; their ‘occupation blueprint’ led to prolonged conflict and the rise of terrorism; their pretext for war was a fabrication derived from their close ties to Israeli intelligence in opposition to the findings US intelligence. Their sanctions policy toward Iran has cost the US economy many billions while their pro-Israel policy cost the US Treasury (and taxpayers) over $110 billion over the last 30 years. Their one-sided ‘Israel-First’ policy has sabotaged any a ‘two-state’ resolution of the Palestinian-Israeli conflict and has left millions of Palestinians in abject misery. Meanwhile, the disproportionate number of high officials who have been accused of giving secret US documents to Israel (Wolfowitz, Feith, Indyke and Pollard etc.) exposes what really constitutes the badge of “merit” in this critical area of US security policy.
The gulf between academic credentials and actual performance extends to economic policy. Neo-liberal policies favoring Wall Street speculators were adopted by such strategic policymakers as Alan Greenspan, Ben Bernanke and Lawrence Summers. Their ‘leadership’ rendered the country vulnerable to the biggest economic crash since the Great Depression with millions of Americans losing employment and homes. Despite their role in creating the conditions for the crisis, their ’solution’ compounded the disaster by transferring over a trillion dollars from the US Treasury to the investment banks, as a taxpayer-funded bailout of Wall Street. Under their economic leadership, class inequalities have deepened; the financial elite has grown many times richer. Meanwhile, wars in the Middle East have drained the US Treasury of funds, which should have been used to serve the social needs of Americans and finance an economic recovery program through massive domestic investments and repair of our collapsing infrastructure.
The trade policies under the leadership of this ‘meritocratic’ elite – formerly called the ‘Chosen People’ – have been an unmitigated disaster for the majority of industrial workers, resulting in huge trade deficits and the deskilling of low paid service employment – with profound implications for future generations of American workers. It is no longer a secret that an entire generation of working class Americans has descended into poverty with no prospects of escape – except through narcotics and other degradation. On the ‘flip side’ of the ‘winners and losers’, US finance capital has expanded overseas with acquisition and merger fees enriching the 0.1% and the meritocratic officials happily rotating from their Washington offices to Wall Street and back again.
If economic performance were to be measured in terms of the sustained growth, balanced budgets, reductions in inequalities and the creation of stable, well-paying jobs, the economic elite (despite their self-promoted merits) have been absolute failures.
However, if we adopt the alternative criteria for success, their performance looks pretty impressive: they bailed out their banking colleagues, implemented destructive ‘free’ trade agreements, and opened up overseas investment opportunities with higher rates of profits than might be made from investing in the domestic economy.
If we evaluate foreign policy ‘performance’ in terms of US political, economic and military interests, their policies have been costly in lives, financial losses and military defeats for the nation as a whole. They rate ’summa cum lousy’.
However if we consider their foreign policies in the alternative terms of Israel’s political, economic and military interests, they regain their ’summa cum laudes’! They have been well rewarded for their services: The war against Iraq destroyed an opponent of Israel’s ethnic cleansing of Palestine. The systematic destruction of the Iraqi civil society and state has eliminated any possibility of Iraq recovering as a modern secular, multi-ethnic, multi-confessional state. Here, Israel made a major advance toward unopposed regional military dominance without losing a soldier or spending a shekel! The Iran sanctions authored and pushed by Levey and Cohen served to undermine another regional foe of Israeli land grabs in the West Bank even if it cost the US hundreds of billions in lost profits, markets and oil investments.
By re-setting the criteria for these officials, it is clear that their true academic ‘merit’ correlates with their success policies on behalf of the state Israel, regardless of how mediocre their performances have been for the United States as a state, nation and people. All this might raise questions about the nature of higher education and how performance is evaluated in terms of the larger spheres of the US economy, state and military.
What we suggest is that degrees from prestigious universities and the highest awards have prepared academic high achievers to serve the elites but not the workers; to empower the financiers but not the producers. These years of training and achievement have certainly not prevented destructive foreign loyalties from undermining the greater society, nor have they taught basic civic virtues and egalitarian values. Prestigious universities recruit and train graduates in the mold of the dominant elites and increasingly narrow ethno-classes. They purge, intimidate and marginalize effective critics of Wall Street and of the State of Israel – the two major success markers that derive from an increasingly insulated ethno-chauvinist power configuration. I would rather question if the disproportionate rise to the top of academia, government and finance hierarchies by pro-Israel Jews has less to do with their effective practical knowledge and democratic values and more to do with their affiliation with the political and economic power that revolves around ‘the 1%’ and is played out, first in academia and then in the larger political and economic spheres to the detriment of the vast majority.
Whatever intrinsic intelligence may exist can be blinded and distorted by an irrational doctrine of racial-ethnic superiority: the results have been stupid and destructive policies imposed by self-congratulatory, self-contained collectivities – with absolutely no accountability for their failures.
Epilogue
The prestigious degrees and awards may account for the appointments – but they don’t explain the complete absence of any evaluations, or firings or even punishment for failed policies. There have been no consequences for the authors of broken economies, impoverished workers, prolonged losing wars, lies and fabrications of data leading to war and the passing of confidential state documents. Why have they continued to receive promotions in the face of policy failures? Why the revolving doors of appointments to the World Bank, positions in the ‘best’ universities (to the exclusion of real independent scholars) and the lucrative seats in investment banks after their policies have shredded the domestic economy?
Don’t the deaths and maiming of millions of Iraqis, Palestinians, Syrians and, Libyans and the tens of millions of desperate refugees, resulting from their foreign policies, warrant a pause in their continued hold on power and prestige, if not outright condemnation for crimes against humanity?
Roman Catholics comprise the other 55% of the Court – even though they represent approximately 30% of the population. Protestants (historically the authors and signers of the country’s foundational documents, and the major confessional group) are totally absent from this august body of jurists.
Equally important the increasing power of Jewish justices on the Supreme Court is accelerating: Counting Garland, two of the last three appointments (67%) have been Jews.
In the first half of the 20th century in the US, progressive Jews and civil libertarians decried what they termed WASP (white Anglo-Saxon Protestant) exclusivity, privilege and discrimination, citing their domination of the Supreme Court and their ‘over-representation’ throughout the elite centers of power. Having totally displaced and replaced the dreaded WASPS, there is nary a word from the plethora of civil rights groups and Jewish organizations claiming to be concerned with issues of discrimination and exclusion. Perhaps the marginalized WASP population lacks any qualified jurists among their scores of millions, an ethno-cultural degeneration unique in US history or perhaps the last few WASPs appointed to the Supreme Court turned out to be among the most ardent and independent defenders of citizen rights, to the chagrin of numerous Administrations.
Nevertheless, if a rare individual should dare to raise the issue of nepotism and the exercise of narrow political considerations in the choice of Supreme Court nominees, the factious response is that ‘it’s all about merit’. Meaning, among the thousands of WASP graduates of the top law schools with academic awards and publications in prestigious journals, no qualified candidate can be found to address this lack of representation.
But scholarship and originality may not be of much merit: A brief perusal of the legal publications of Elena Kagan and Merrick Garland reveals meager, mediocre and pedestrian articles and monographs. In the case of Kagan, her rise to power was facilitated by her relationship with the former (and heartily voted out of office) Harvard President ‘Larry’ Summers, who appointed her Dean of the Law School despite her lack of quality publications. Summers, as Harvard President, led a raucous and bullying campaign against any academic critics Israeli policies during his abruptly abbreviated tenure in office.
Clearly the problem of ethno-religious nepotism is not confined to Jews, it was an abuse practiced by WASP elites and others before them. Nor does such nepotism benefit the average wage and salaried Jews, who have to struggle side-by-side with their Gentile compatriots to make a living and exercise their rights.
However, nepotism or ethno-religious favoritism has become an acute problem now when exclusive control of the Supreme Court compounds the growing problems of abuse in other spheres of the power structure – political, economic and mass communications. This imbalance has profound repercussions on everything from US overseas wars of aggression to the everyday struggle of Americans faced with deepening inequalities and the shredding of the social contract.
Historically, and particularly among progressive and leftist critics, what was referred to as the “Jewish Problem” was a multifaceted issue that revolved around the persecution of resident Jews by anti-Semitic regimes and within Christian majority cultures. Various solutions included the granting of citizenship rights following the French Revolution, socio-cultural assimilation, the development of socialism or separation and re-settlement in Palestine through the Zionist movement. Today the major issue has turned into an ‘American Problem’: how a powerful ethno-religious elite can use its multi-faceted power to secure (and create) strategic positions in the state while excluding contenders, repressing critics and actively promoting policies in the interest of a foreign state, Israel.
Not all Jewish appointees and elected officials explicitly follow the extremist position of the most aggressive Zionist organizations, especially the self-styled ‘Presidents of the Major American (sic) Jewish Organizations’ . . . but… nor do they openly object to Israeli-First activities or try to block them – for fear of ostracism and retribution – with the calumny of ’self-hating Jew’ unlikely to promote one’s career or social life.
Chosen People: The Myth of Meritocracy and the Practice of Mediocracy
To deal with the rise of Israel-First individuals to positions of power in the US, it is essential to analyze the all-pervasive claims of meritocracy, the argument that their influence is based on their ‘universally acclaimed’ achievements, intelligence and superiority far beyond their elite rivals. The argument of ‘unique merit’ blends smoothly with traditional Talmudic and contemporary Israeli-chauvinist belief that Jews are ‘the Chosen People of God’, destined to prevail over the inferior ‘others’.
The meritocratic argument is partly based on circular arguments contending that the disproportionate number of Jewish billionaires means they are more brilliant in business; that pro-Israel dominance within the US corporate mass media proves that Jewish media moguls are smarter and Israel is a righteous state . . . and the rise of Israel-Firsters in government, academia and finance reflects their higher intelligence, greater work ethic and accomplishments.
It is with the latter that we have to deal, because the significance of higher grades, diplomas from prestigious universities and piles of academic awards has to be proven on the ground. It is not simply the achievement of high individual positions and great wealth that matter, but how the policies formulated and practices pursued by these elite individual have affected the lives of 330 million Americans, the nation, its prestige, welfare and moral authority.
If we use these alternative ‘evidence-based’ criteria, we find a huge disparity between high levels of academic achievement and disastrous performance when in public office.
We can cite the Federal Reserve chairman, Alan Greenspan’s deregulatory policies, which led to the greatest financial crash since the Great Depression and his successor, Benjamin Bernanke, who presided over the trillion-dollar bailout of Wall Street banks while millions of American’s lost their homes. Both attended elite institutions, both secured numerous prestigious awards . . . and both imposed disastrous policies on the American nation and people – with complete impunity for their monumental mistakes, while American workers continue to suffer.
Treasury Department
Stuart Levey was the first Undersecretary for Terrorism and Financial Intelligence within the US Treasury Department (a position created by AIPAC and tailored specifically for Levey). He graduated from Harvard College summa cum laude and magna cum laude. While Stu Levey was racing around the US and the rest of the world enforcing the economic sanctions against Iran (which he authored in line with Israeli directives), narco-terrorists from Mexico, Central America, Colombia and Peru were freely washing hundreds of billions of dollars a year in US banks. Meanwhile, Saudi Arabian officials who funded jihadi terrorists were never prosecuted or sanctioned – even after attacks within the US.
Levey’s successor, David Cohen (who else!) followed the same policy. Multi-national banks and corporations, which had corrupted officials, swindled investors, evaded taxes and laundered illicit funds were never investigated, let alone charged. Cohen devoted his time and effort, at Israel’s behest, enforcing sanctions against Iran and endeavoring to sabotage any US-Iran nuclear negotiations.
Foreign Policy
From the Clinton era through the George W. Bush and Obama regimes, the US engaged in a series of wars against predominantly secular governments in Muslim countries, which had been opposed to Israel’s brutal occupation of Palestine.
Key policymakers in the design and execution of US war policy were prominent Jews bristling with diplomas from the most prestigious universities.
These ’scholars’, the ‘cream’ of US academe, blatantly falsified the pretexts for the US’ disastrous thirteen-year war (and counting) in Iraq, the lost (15-plus year) war in Afghanistan, the invasion and destruction of Libya and Syria. Their brilliant plans have led directly to the rise of ISIS throughout the region and the displacement of tens of millions of civilians in the Middle East, West Asia and North Africa.
Due credit must be given to the midwives of the 21st Century wars of foreign conquest and domestic decay: Standing out among the principle architects of these foreign policy disasters is Elliott Abrams, BA and Doctor of Jurisprudence, Harvard University. Abrams had been officially censored for lying directly to the US Congress about his role in the Iran-Contra scandal under President Ronald Reagan in the 1980s. During that administration, Elliot directed US official support for the dictatorial regimes in Nicaragua, Guatemala, El Salvador and Honduras where over 250,000 Central American civilians were massacred. The new millennium wiped clean his tawdry slate of crimes against humanity and he was appointed a leading National Security Advisor under President George W. Bush 2002-2009. In this role, he fabricated ‘evidence’ linking the secular government of Iraq to the fundamentalist Al Qaeda and he served as a transmission belt channeling false Israeli ‘intelligence’ that Iraq possessed banned weapons of mass destruction. No weapons were ever found – a ‘mere detail of history’, according to his partner, Paul Wolfowitz. These blatant lies pushed to Bush Administration to invade and destroy Iraq.
While Elliot Abrams was strategically placed in the Bush/Cheney White House, his partners in deception, Paul Wolfowitz and Douglas Feith controlled Middle East policy at the Pentagon. This dream team of Abrams, Wolfowitz and Feith formed the powerful Israel-First Troika responsible for the military policies which systematically destroyed Iraq’s state apparatus, decimating its civil society, fragmenting the country and precipitating gruesome ethno-religious wars and the rise of ISIS. This ‘Troika’ has never been held responsible for the deaths of over one million Iraqis – but credit should be given to the ‘meritorious’.
Dr. Paul Wolfowitz received his BA from Cornell and PhD from the University of Chicago. In the 1980’s, early in his government career he temporarily lost security clearance for having passed confidential documents to Israeli agents. Despite this ‘youthful indiscretion’ (or act of treason), Wolfowitz became Deputy Defense Secretary under President George W. Bush (2001-2005). In this position, he was one of the earliest and most forceful advocates for military interventions against Iraq, Syria, Iran, Lebanon and Libya. He persuaded the American Congress and the Bush Administration that the invasions of Afghanistan and Iraq would be short and self-financing. He glowingly predicted that the wars would ‘pay for themselves’ in terms of looted natural resources and ‘re-construction’ contracts. In fact, the wars in Iraq and Afghanistan have cost tens of thousands of US military casualties, over a trillion dollars in military expenditures and they continue over 13 years (Iraq), and 15 years (Afghanistan) with no end in sight but completely devastated societies spewing millions of refugees and thousands of terrorists.
Equally luminous in academic credentials, the third of the ‘Israel-First Troika’, Douglas Feith received his BA from Harvard (magna cum laude), and JD (magna cum laude). He worked closely with Israeli intelligence officials fabricating out of whole cloth the myth of Saddam’s quest for ‘yellow cake’ uranium to construct Iraqi nuclear weapons of mass destruction pushing the US into war against Iraq.
Feith set up a cozy nest at the Pentagon, the ‘Office of Special Plans’ (OSP), which served as a base of operations for Israeli operatives. One thoroughly disgusted former Pentagon official described the flow of Israeli officials in and out of OSP as resembling ‘a brothel on Saturday night’.
One of Feith’s crowning achievements was the destruction of the Iraqi Baath Party and administrative apparatus, which included the entire police force, the army and public administration, education, and even the huge public health system. Virtually all qualified Iraqi officials were either fired or ‘disappeared’. The result was the total breakdown of essential services, the pillage of the national and historic patrimony and decimation of civil and secular Iraqi society. Even the most fabulous archeological treasures of Mesopotamia were destroyed or looted for American and European collectors. Feith’s level of meddling and disastrous policies led the colorful US General Tommy Franks to describe the Harvard ‘JD’ as “the dumbest fucking guy on the planet”.
Hovering on the periphery of the ‘Troika’ was the ‘mysterious’, veteran manipulator, Richard Perle. With his BA from the University of Southern California and MA from Princeton (and no military experience), Perle was qualified to push for serial US wars on Israel’s behalf, starting with Iraq and moving on to all other countries which had traditionally supported the rights of the Palestinian people. He was a key member of the US Defense Policy Board under the Bush Administration and the front ideologue for invading Iraq. His second ‘job’ was strategic adviser to Israeli Prime Ministers Ariel Sharon and Benyamin Netanyahu. Perle pushed for US military intervention to effect ‘regime change’ in Syria and Iran as well as Libya.
Beyond the warrior ‘troika’ and shadowy Mr. Perle, there is Dr. Dennis Ross who received his BA and PhD from UCLA and taught at Harvard’s Kennedy School of Government. Ross and fellow uber-Zionist, Martin Indyk, founded the American Israel Public Affairs Committee (AIPAC) the most influential lobby on Middle East policy and a virtual ‘king-maker’ in Washington. He was President Bill Clinton’s ‘Middle East Coordinator’, ensuring that Israel’s land grabs in the occupied territories were unimpeded, and indeed justified and funded by the US taxpayer. His notoriety in promoting the brutal and illegal confiscation of Palestinian property earned him the title as ‘Israel’s lawyer’ even among his most pro-Israel colleagues.
Ross made sure that Israel would not be bound to the Camp David agreements even as President Clinton claimed the negotiations as his landmark achievement in diplomacy. AIPAC, under Ross and Indyk, lobbied long and hard for the US invasion of Iraq; it backed Israel’s invasion of Lebanon and justified the expansion of apartheid style ‘Jews only’ colonial settlements in the occupied Palestinian West Bank.
During the Obama Presidency, Ross served as Special Adviser for the Persian Gulf and Southwest Asia to Secretary of State Hilary Clinton. In this capacity, he actively opposed diplomatic negotiations with the government of Iran or the Taliban in Afghanistan.
Ross’ partner, Martin Indyk received his PhD from the Australian National University and served as Deputy Research Director and co-founder of AIPAC (1982-85). This, the most powerful lobby in Washington, serves exclusively as a political fifth column for the Israeli Foreign Office. Indyk was founding Director of the Washington Institute of Near East Policy (WINEP), a barnyard of ideological propagandists for Israel. When President Clinton appointed (the Australian, Israeli, US citizen) ‘Marty’ Indyk as US Ambassador to Israel, serious questions came up about his transfers of confidential documents to Israel. He thus became the first Ambassador stripped of security clearance. Israel Lobby pressures led to reinstated security clearance for Indyk who was subsequently named Assistant Secretary of State for Near Eastern Affairs. As a mouthpiece for Israel’s interests, Indyk has pushed to ‘contain’ Iraq (through bombing) and Iran (through economic sanctions).
Throughout his career, Indyk sabotaged peace negotiation between Israel and Palestine and he undermined any early diplomatic resolution of the Iraq-US conflict, which might have prevented the disastrous war. His meddling on Israel’s behalf has cost the US treasury hundreds of billions of dollars in lost trade with Iran. Despite his clear record of ’service to Israel’ and ‘disservice to the US’, President Obama appointed Indyk as US (sic) Special Envoy for Israel-Palestine Negotiations (2013-2014). In this supposedly ‘diplomatic’ role he failed to protect even one acre of Palestinian farmland among the hundreds seized by Israel for the illegal establishment of many ‘Jews Only’ enclaves the occupied West Bank.
Economic Policy – More Mediocrity, Less Meritocracy
Jack Lew, Secretary of the Treasury (2013-2016) heads an ethno-Chauvinist quintet dictating US foreign and domestic economic policy (with Michael Froman, Chief Trade Negotiator; ‘Penny’ Pritzer, Secretary of Commerce; Lawrence Summers, Director of National Economic Council and Janet Yellen, head of the Federal Reserve Bank). Lew pushed policies favoring the wealthiest 1% along with his co-religionist Michael Froman, while millions of Americans were plunged into poverty and stagnation. Their policies include Free Trade Agreements in Europe, Asia and Latin America which have led to the relocation of US MNC overseas, massive job losses at home, further deepening inequalities and degrading work conditions and wages. Recently, in his stellar public career, Jack Lew was investigated for lying to the US Congress about the national debt, the size and growth of which he deliberately understated. Thanks to his ‘backers’, he was never charged . . . Of course, Lew has his BA from Harvard and JD from Georgetown, which accounts for his success on behalf of the leisure class.
Penny Pritzer, Obama’s Secretary of Commerce (2013-2016) received her BA from Harvard and JD and MBA from Stanford. She is a Chicago billionaire, who served as National Financial Chairperson of for Barack Obama’s 2008 Presidential campaign, and was National Chair of his 2012 campaign. Pritzer has been major player among prominent Chicago Jews ensuring that ‘their candidate’ Obama ‘got it right’ on US-Israel relations. Despite having been fined $460 million by the US Treasury Department for predatory banking (Pritzker’s, Superior Bank of Chicago had fleeced millions of poor and middle class household mortgage holders and investors of billions of dollars of their assets), a grateful Obama named Penny Pritzker as his Secretary of Commerce. She quickly teamed up with Froman and Lew in promoting the ‘free trade’ agreements that have thoroughly undermined US regulations protecting labor and the environment. Billionaire Pritzker and her partners have been fabulously successful in globalizing profits for the elite while ’socializing’ the cost of corporate flight abroad onto the backs of the US working and middle classes.
Dr. Michael Froman, Obama’s Chief Trade Negotiator, has a BA from Princeton, a JD from Harvard and PhD from Oxford. Prior to heading up Trade, Froman served under ‘Bill’ Clinton in Treasury and was a National Security adviser to President Obama. He actively pushed for the Obama’s program of expansive domestic police state surveillance. He is also the principal author and promoter of the Trans-Pacific Partnership, which includes eleven Pacific nations and is designed to marginalize and encircle China . . . This is a ‘trade’ partnership, which may jeopardize the profits of over 500 major US MNC with investments in China and the US multi-hundred-billion-dollar trade relation. Froman is one of the major architects of Obama’s ‘pivot to Asia’, which has heightened military tensions and threatens the entire West Coast economies heavily dependent on China trade.
Not to be outdone by other luminaries in the ‘economic quintet’, Lawrence Summers had been President at Harvard University until he was booted out by a resounding “no confidence vote” by the faculty – despite the efforts of Zionist academics and trustees who stuck by their ‘golden boy’. Summers, along with co-religionist Alan Greenspan (it has been so hard to find any competent Gentiles to steer the US economy), was one of the prime authors of the deregulatory financial policies leading to the 2008-09 financial-economic crash. This crushing success caused double-digit unemployment, three million household foreclosures and forced a trillion dollar bank bailout down the gagging throats of the US taxpayers.
Summers led the charge on the successful repeal of the New Deal, Glass-Steagall Act, a venerable depression era legislation designed to prevent banks from speculating with their depositors’ savings – which the banks promptly did after the repeal.
As Under-Secretary of Treasury in 1993, Deputy-Secretary in 1995 and Treasury Secretary in 1999, the Harvard and MIT-diploma-laden Summers advised the vodka-soaked ‘experts’ around Boris Yeltsin to ‘privatize the Russian economy’ – resulting in the pillage by gangster-oligarchs of over $500 billion dollars in public properties, banks and natural resources and providing significant profits for a score of Harvard-based ‘advisers’.
As President of Harvard, he attributed the absence of women scholars in science, mathematics and engineering to their lack of ‘high-end’ intellectual capacity (ignoring centuries of ingrained discrimination) and he trivialized the academic work of Afro-American scholar, Cornel West, causing him to leave and join Princeton. His denigration of a major African-American scholar was in line with his views on Africa while at the World Bank where he advocated shipping toxic waste because, ‘I’ve always thought that the under-populated countries in Africa were vastly under-polluted.”
After alienating women and African Americans, Summers spearheaded a vitriolic attack on any and all campus critics of the state of Israel. He targeted student leaders of the peaceful Boycott, Divestment and Sanctions movement as ‘anti-Semites’ or ’self-hating Jews’, using the University Presidential bully platform to silence opponents of his pro-Israel politics. Eventually, he was ousted from office by an overwhelming faculty vote ostensibly for his financial ‘conflict of interests’ related to his Yeltsin-era dealings with mega-swindler Andrei Shleifer whose shady deals in Russia’s privatization orgy made some Harvard officials very wealthy.
Self-promoted, academic spokesman for the American worker, Robert Reich received his JD at Yale Law School and taught at Harvard. He served as Labor Secretary under Clinton (1993-97). During Reich’s tenure, labor union membership steeply declined, laws prohibiting worker organizing were tightened and the minimum wage became a minimum survival wage. Reich hung on to his Cabinet position even after the North American Free Trade for the Americas (NAFTA} was approved destroying over two million once secure American manufacturing jobs. He hung on as President Clinton carpet bombed the renowned worker self-managed factories of Yugoslavia. He kept his luxurious office in Washington after Clinton bombed Sudan’s principle factory for the production of vaccines and antibiotics leaving million of children and adults without basic vaccines and medicines. Reich kept ‘mum’ even as Haiti was invaded and a harsh neo-liberal anti-worker agenda was imposed to permit the democratically elected President Aristide to return to office.
While domestic inequalities deepened and economic deregulation extended, Reich remained in office. Reich ignored Israeli violence against Palestinian labor unions and workers, backing Clinton’s “carnal relation” with Tel Aviv.
After years of devastation against workers at home and abroad, Reich left Washington for a cushy $243,000-a-year appointment at UC Berkeley where he ‘teaches’ two hours a week assigning his own op-ed columns in the mass media as ‘reading material’. When not engaged in such strenuous scholarship, Reich has managed to churn out books ‘critical of neo-liberalism, inequality and social justice’. ‘Crying all the way to the bank’, this intellectual for the oppressed worker has to manage the $40,000 he is paid for each 45 minute speech on the lecture circuit. On an hourly basis, Reich earns 6 times more than the average US corporate CEOs he denounces.
Conclusion
From our discussion it is clear that there is a profound disparity between the stellar academic achievements of Israel-First officials in the US government and the disastrous consequences of their public policies in office.
The ethno-chauvinist claim of unique ‘merit’ to explain the overwhelming success of American Jews in public office and in other influential spheres is based on a superficial reputational analysis, bolstered on degrees from prestigious universities. But this reliance on reputation has not held up in terms of performance – the successful resolution of concrete problems and issues. Failures and disasters are not just ‘overlooked’; they are rewarded.
After examining the performance of top officials in foreign policy, we find that their ‘assumptions’ (often blatant manipulations and misrepresentations) about Iraq were completely wrong; their pursuit of war was disastrous and criminal; their ‘occupation blueprint’ led to prolonged conflict and the rise of terrorism; their pretext for war was a fabrication derived from their close ties to Israeli intelligence in opposition to the findings US intelligence. Their sanctions policy toward Iran has cost the US economy many billions while their pro-Israel policy cost the US Treasury (and taxpayers) over $110 billion over the last 30 years. Their one-sided ‘Israel-First’ policy has sabotaged any a ‘two-state’ resolution of the Palestinian-Israeli conflict and has left millions of Palestinians in abject misery. Meanwhile, the disproportionate number of high officials who have been accused of giving secret US documents to Israel (Wolfowitz, Feith, Indyke and Polland etc.) exposes what really constitutes the badge of “merit” in this critical area of US security policy.
The gulf between academic credentials and actual performance extends to economic policy. Neo-liberal policies favoring Wall Street speculators were adopted by such strategic policymakers as Alan Greenspan, Ben Bernanke and Lawrence Summers. Their ‘leadership’ rendered the country vulnerable to the biggest economic crash since the Great Depression with millions of Americans losing employment and homes. Despite their role in creating the conditions for the crisis, their ’solution’ compounded the disaster by transferring over a trillion dollars from the US Treasury to the investment banks, as a taxpayer-funded bailout of Wall Street. Under their economic leadership, class inequalities have deepened; the financial elite has grown many times richer. Meanwhile, wars in the Middle East have drained the US Treasury of funds, which should have been used to serve the social needs of Americans and finance an economic recovery program through massive domestic investments and repair of our collapsing infrastructure.
The trade policies under the leadership of this ‘meritocratic’ elite – formerly called the ‘Chosen People’ – have been an unmitigated disaster for the majority of industrial workers, resulting in huge trade deficits and the deskilling of low paid service employment – with profound implications for future generations of American workers. It is no longer a secret that an entire generation of working class Americans has descended into poverty with no prospects of escape – except through narcotics and other degradation. On the ‘flip side’ of the ‘winners and losers’, US finance capital has expanded overseas with acquisition and merger fees enriching the 0.1% and the meritocratic officials happily rotating from their Washington offices to Wall Street and back again.
If economic performance were to be measured in terms of the sustained growth, balanced budgets, reductions in inequalities and the creation of stable, well-paying jobs, the economic elite (despite their self-promoted merits) have been absolute failures.
However, if we adopt the alternative criteria for success, their performance looks pretty impressive: they bailed out their banking colleagues, implemented destructive ‘free’ trade agreements, and opened up overseas investments opportunities with higher rates of profits than might be made from investing in the domestic economy.
If we evaluate foreign policy ‘performance’ in terms of US political, economic and military interests, their policies have been costly in lives, financial losses and military defeats for the nation as a whole. They rate ’summa cum lousy’.
However if we consider their foreign policies in the alternative terms of Israel’s political, economic and military interests, they regain their ’summa cum laudes’! They have been well rewarded for their services: The war against Iraq destroyed an opponent of Israel’s ethnic cleansing of Palestine. The systematic destruction of the Iraqi civil society and state has eliminated any possibility of Iraq recovering as a modern secular, multi-ethnic, multi-confessional state. Here, Israel made a major advance toward unopposed regional military dominance without losing a soldier or spending a shekel! The Iran sanctions authored and pushed by Levey and Cohen served to undermine another regional foe of Israeli land grabs in the West Bank even if it cost the US hundreds of billions in lost profits, markets and oil investments.
By re-setting the criteria for these officials, it is clear that their true academic ‘merit’ correlates with their success policies on behalf of the state Israel, regardless of how mediocre their performances have been for the United States as a state, nation and people. All this might raise questions about the nature of higher education and how performance is evaluated in terms of the larger spheres of the US economy, state and military.
What we suggest is that degrees from prestigious universities and the highest awards have prepared academic high achievers to serve the elites but not the workers; to empower the financiers but not the producers. These years of training and achievement have certainly not prevented destructive foreign loyalties from undermining the greater society, nor have they taught basic civic virtues and egalitarian values. Prestigious universities recruit and train graduates in the mold of the dominant elites and increasingly narrow ethno-classes. They purge, intimidate and marginalize effective critics of Wall Street and of the State of Israel – the two major success markers that derive from an increasingly insulated ethno-chauvinist power configuration. I would rather question if the disproportionate rise to the top of academia, government and finance hierarchies by pro-Israel Jews has less to do with their effective practical knowledge and democratic values and more to do with their affiliation with the political and economic power that revolves around ‘the1%’ and is played out, first in academia and then in the larger political and economic spheres to the detriment of the vast majority.
Whatever intrinsic intelligence may exist can be blinded and distorted by an irrational doctrine of racial-ethnic superiority: the results have been stupid and destructive policies imposed by self-congratulatory, self-contained collectivities – with absolutely no accountability for their failures.
Epilogue
The prestigious degrees and awards may account for the appointments – but they don’t explain the complete absence of any evaluations, or firings or even punishment for failed policies. There have been no consequences for the authors of broken economies, impoverished workers, prolonged losing wars, lies and fabrications of data leading to war and the passing of confidential state documents. Why have they continued to receive promotions in the face of policy failures? Why the revolving doors of appointments to the World Bank, positions in the ‘best’ universities (to the exclusion of real independent scholars) and the lucrative seats in investment banks after their policies have shredded the domestic economy?
Don’t the deaths and maiming of millions of Iraqis, Palestinians, Syrians and, Libyans and the tens of millions of desperate refugees, resulting from their foreign policies, warrant a pause in their continued hold on power and prestige, if not outright condemnation for crimes against humanity?
French Fury Explodes with Echoes of 1968
By Finian CUNNINGHAM – Strategic Culture Foundation – 26.03.2016
Riot police clashing with striking workers, students shutting down universities, teargas and cars torched in the streets – the mayhem this past week in France evoked memories of 1968, the tumultuous year when mass protests threatened to overthrow a French government back then.
The public fury last week in France boiled over into ugly scenes in several cities, with protests spreading across the country, fanning out from the capital Paris. The French public are furious. And they have right to be.
The uproar mounting over several months now is due to the government’s plan to overhaul the country’s comprehensive labor laws. The essential thrust is to re-write the laws in order to make private businesses and companies hire more workers – by making it easier for them to fire workers!
If that sounds contradictory, then it is a fitting epitome of this French government. President Francois Hollande and his ruling Socialist Party led by Prime Minister Manuel Valls claim, at the risk of sounding tautologous, to be «socialists».
Yet the supposed socialist government is embarking on a ruthless project to smash workers’ rights on behalf of capitalist enterprise.
This week premier Valls presented his so-called labor «reforms» to business representatives and to France’s powerful trade unions. Neither were pleased, with the business groups scoffing that the government had caved into public protests over their much-touted reforms, while unions claimed the proposed changes were still an unacceptable assault on workers.
Students and workers are now pushing ahead with even bigger protests, with more nationwide demonstrations reportedly planned over the coming weeks. It appears that Valls’ government has ignited a firestorm that it can no longer douse.
Valls’ economy minister, Emmanuel Macron, is the personification of the French government’s widely perceived betrayal, in the eyes of ordinary Socialist Party members and the wider public. Reports describe the 38-year-old rising star as being seen as «toxic» by many ordinary French. Macron is a former investment banker who worked at Rothschild before being drafted into government. Yes, that’s right, an investment banker for one of the world’s major capitalist enterprises is given the portfolio of economy minister in an avowedly socialist government. Eh, conflict of interest comes to mind.
It has been Macron’s ministerial brief to push through «business-friendly reforms». Speaking at the Davos summit earlier this year – the annual confab for global capitalists – Macron told his audience that France’s «bloated» labor laws would be stripped. He particularly mocked the country’s statutory limit of a 35-hour working week, vowing that company management would henceforth be allowed to set their own limits.
Macron has also talked about smashing other «glass ceilings», such as relatively strict rules against firing workers and onerous financial compensation for employees who claim they have been unfairly dismissed by bosses. Another target for Macron is to do away with collective bargaining by trade unions, and to permit firms to negotiate terms of pay and conditions with individual workers.
From the capitalists’ point of view – and evidently it is a view shared by premier Valls and his economy minister – the root problem for France’s sluggish growth and high unemployment is that workers have too many rights. By making it easier for private companies to fire workers or make their employees clock up longer hours – so the argument goes – the bosses will be inclined to take on more staff, which it is assumed will result in higher macroeconomic growth for the country.
France wants to follow the Anglo-American model. Britain and the US appear to have better economic performances than France and lower official unemployment rates. The US jobless rate is reported at around 5 per cent, whereas the French unemployment figure is 10 per cent, with the rate rising among youth to 25 per cent. But in Britain and the US, workers are notoriously stressed from much longer working weeks up to 48-60 hours. They also suffer from so-called «in-work poverty» from being underpaid, with less legal protections against hire-and-fire bosses and «zero-hours contracts».
In other words, Britain and the US are more nakedly capitalist models where workers are mere profit-making inputs to be cast aside when no longer required. Britain and the US may be sought after as destinations for unemployed migrants who are desperate for any form of income. But that is no endorsement from a humane viewpoint.
What we have here are fundamental questions of ideology and morality. Are workers and the rights they have won over centuries of labor struggles to be discarded like human chattel?
Compared with the Anglo-American model, France’s relatively more civilized culture for workers should be seen as a virtue to be staunchly defended, not sacrificed on the altar of insatiable profit-making.
Another fundamental ideological difference is that the French government is following the official British and American prejudice that scapegoats workers for low economic growth. In this logic, economic growth can only be revived by making workers toil harder and longer. The more insecure the workers are made to feel, then the harder they will work and the more bosses’ profits will be boosted.
This is a fallacious – not to say immoral – way of looking at contemporary economic conditions. Since the global economic crash in 2008, what needs to be understood is that the problem of low growth in France, Europe, and even the seemingly better UK and US, is not really an issue of worker productivity. It is a much bigger question about a fundamental, historic breakdown in the capitalist system. This is reflected in the record level of inequality between a tiny elite and the vast majority of society. Chronic poverty and austerity wages are why consumption and growth have become stagnant. The systematic injustice needs to abolished, not appeased.
The French government, as in so many other Western countries, has become nothing more than a lobby for the capitalists and their financial oligarchy. Bailouts for the bankers and bosses, but buckets of misery for the masses. What governments should be doing is defending the rights of the vast majority and pushing an agenda that radically redistributes justice in the form of much higher taxes on corporations and the rich, while bringing banks under public control. In a word, socialism is required, not more draconian capitalism.
It looks like the French population at large have finally run out of tolerance for the pseudo-socialists ruling in Paris. Shamelessly, this government is attacking basic rights and mocking touchstones of civility, such as a cap of 35 working hours per week. It truly is Orwellian when such a basic benchmark of human decency is blithely despised by those who claim to be «serving the people».
In a more rational society why shouldn’t workers’ hours be reduced to 25 hours and let the firms take on more staff to maintain output. Oh, it reduces profits and rich dividends for directors, they might say? Well, too bad, let the exploiters take a cut. Better still, let workers and the public take ownership of companies and banks.
One irony in French politics is that Manuel Valls and his de facto capitalist administration have become hysterical about the popular rise of Marine Le Pen’s National Front. Valls and others on the pseudo left deprecate Le Pen’s party as racist, extremist and even fascist. It is arguable that the National Front has gained popular support, as with other similar parties across Europe, precisely because of increasing economic insecurity among workers and society generally. That insecurity, in turn, feeds into anti-immigrant hostility among some sections who see their livelihoods threatened by foreigners.
Ironically, perhaps the biggest recruiting agency for the National Front in France is the pseudo-socialist government of Manuel Valls and his president Francois Hollande. These charlatans are not only attacking workers on behalf of private profit, they are fueling social strife, breakdown, hatred, xenophobia and, in its worst manifestation, fascism.
The danger of a fascist state is not hyperbole. France’s emergency laws deployed since the terror attacks last November in Paris forbid all public demonstrations – in the interest of «national security». As public protests over the coming weeks rightly and legitimately challenge the reactionary French government’s attack on workers, it is only a matter of time before riot-police squads begin to implement mass detention of these same demonstrators, under the pretext that they are threatening national security.
That raises a grim and not inconceivable scenario. French workers and students clubbed off the streets by armed police and thrown into prison without due legal process. Because they oppose an authoritarian government shredding their legal rights? No wonder echoes of 1968 are in the French air.
BRICS Bank to issue bonds in 2nd quarter: VP
The BRICS Post – March 25, 2016
The New Development Bank launched by the BRICS will soon issue between 3-5 billion yuan in bonds in China in the second quarter of 2016, a senior bank official said on Thursday.
Leslie Maasdorp, NDB vice-president and chief financial officer, was speaking on the sidelines of the Boao forum in China.
The new lender will prioritise projects aimed at developing renewable energy sources, Maasdorp said.
The five countries, Brazil, Russia, India, China and South Africa, hold equal voting rights.
“The New Development Bank plans to issue its first bond in China because the renminbi value is much more stable (compared with local currencies of other BRICS nations). China has a deep, liquid bond market,” Maasdorp was quoted by China Daily.
Maasdorp also said that the new lender intends to finance one project of each member state with the money raised via its first bond issue.
The new financial institution headquartered in China’s Shanghai has been set up to foster greater financial and development cooperation between the five emerging markets.
The Bank will announce its first investment projects next month.
Maasdorp reiterated on Thursday that the BRICS Bank will adopt a lean structure to aid “speed of execution”.
The bank has received an ‘AAA’ institutional rating from domestic credit rating agencies and has appointed Bank of China and China Development Bank as rating advisers, an official statement said.
The founding members of the NDB have already brought in capital of $1 billion as initial contribution.
Standard Chartered and Goldman Sachs have been appointed as advisers for international ratings.
At a press conference in Shanghai last month, Russian Finance Minister Anton Siluanov said the NDB “will soon become a strong and well-respected international financial institution, playing a leading role in the changing international financial architecture”.
US imposes more sanctions on Iran for ballistic missile program
Press TV – March 24, 2016
The US Department of the Treasury has imposed financial sanctions on two more Iranian companies for allegedly supporting Iran’s ballistic missile program.
Washington’s latest legal move against Tehran was announced on Thursday, weeks after the United States imposed similar sanctions on 11 other companies and individuals alleged to be involved in the missile program.
The latest measures cut off Iran’s Shahid Nuri Industries and Shahid Movahed Industries from international finance.
The United States said the companies are working for an industrial group, which Washington alleged is in charge of Iran’s ballistic missile program.
The Treasury Department also imposed restrictions on two British businessmen, Jeffrey John James Ashfield and John Edward Meadows, for doing business with Iran’s Mahan Air.
Washington has accused the private airline of transporting funds and arms for the Islamic Revolution Guards Corps (IRGC).
“We will continue to use all of our tools to counteract Iran’s ballistic missile program and support for terrorism [sic], including through sanctions,” said US Treasury official Adam J. Szubin in a statement.
Earlier on Thursday, the US Justice Department charged seven Iranians with coordinating a campaign of cyber attacks on dozens of American banks and a dam in New York state from 2011 to 2013.
The indictment described the suspects as “experienced computer hackers” who live in Iran and may have been working on behalf of the Iranian government.
On March 9, the IRGC successfully test-fired two more ballistic missiles as part of its military drills. The missiles dubbed Qadr-H and Qadr-F were fired during large-scale drills, code-named Eqtedar-e-Velayat.
The US claimed the tests violate a UN resolution. Russia, however, said the missile launches did not violate any UN resolution, and opposed the imposition of any new sanctions on Iran over the tests.
The US imposed sanctions on 11 companies and individuals for supplying Iran’s ballistic missile program after a series of missile tests last year.
The Iranian missile program “is totally for peaceful purposes and no measure can strip the Islamic Republic of Iran of its legitimate and legal right to boost its defensive capabilities and [safeguard] national security,” Iranian Foreign Ministry spokesman Hossein Jaberi Ansari said on Thursday.
He said that Iran’s missile program is solely for protecting the country’s sovereignty and territorial integrity as well as combating terrorism and extremism, emphasizing that the country’s military might serves regional and global interests.
On January 16, US President Barack Obama signed an executive order lifting US economic sanctions on Iran.
Obama’s move came after the International Atomic Energy Agency (IAEA) verified that Iran has implemented its commitments made in the Joint Comprehensive Plan of Action (JCPOA), and announced to remove international economic sanctions against the country.
Iran and the P5+1 – the United States, France, Britain, Russia, China and Germany – finalized the text of the JCPOA in Vienna, Austria, on July 14, 2015.
Under the agreement, limits are put on Iran’s nuclear activities in exchange for, among other things, the removal of all nuclear-related economic and financial bans against the Islamic Republic.
Trump Caution on Immigration Widely Shared Around World – Research Group
Sputnik — 24.03.2016
US Republican presidential frontrunner Donald Trump’s argument that immigrants take away jobs of home populations is widely supported around the world, the Ipsos market research company announced in a press release.
“A strong plurality of global citizens (41 percent) believes that immigrants take jobs away from their countrymen,” the release stated on Wednesday.
The online survey covered more than 18,000 people in 25 countries aged from 16 or 18 to 64, Ipsos noted.
“Additionally, a near majority of global citizens (49 percent) understand that immigrants also take away social services,” the survey also found.
Ipsos said 49 percent of Americans believe that immigrants take jobs away while 61 percent believed they took unfair and disproportionate advantage of US social services, the survey found.
Ipsos is an independent global market research company that was founded in France in 1975.
Banks still too afraid of US fines to process Iran deals
Press TV – March 23, 2016
Despite the January removal of economic sanctions against Iran, global enterprises are complaining that trade with the country is still difficult as a result of lingering fears of US punitive actions.
Reuters in an exclusive report has quoted business leaders as saying that a key obstacle which is specifically affecting business with Iran is the unwillingness of international banks to process transactions with the country.
US banks are still forbidden to do business with Iran and while lenders based elsewhere are not covered by this ban, major problems remain, emphasized the report. Chief among these are rules prohibiting transactions in dollars from being processed through the US financial system, it added.
The Iranian business community believes the United States has failed to spell out exactly what is permitted and what is not, leading to the uncertainty that makes international banks reluctant to process Iranian-linked transactions, wrote Reuters.
Iranians based in Dubai, historically one of Iran’s main trading partners, complain they cannot get letters of credit to finance deals with their home country, while others have even had their company bank accounts closed in recent weeks.
The problems are also complicating Iran’s plans to sell more oil, as well as recover up to $100 billion in assets that had been frozen by the sanctions in foreign bank accounts, the report added.
The failure by European banks to play their due role in business with Iran has already provoked reactions from several EU leaders and business leaders.
British Prime Minister David Cameron in early March rebuked Barclays for hampering companies trying to export to Iran.
In a strongly worded letter to the bank, Cameron said that Barclays appeared to be operating “in opposition to the policy of the UK government”.
Also, Airbus which sealed an agreement with Iran in January to sell over 100 new planes to the country, has called on EU banks to dispel fears of doing business with Iran.
Iranian officials have also taken their own initiative to urge European banks to open their doors to transactions relating to Iran.
Mohammad Nahavandian, the chief of staff of President Hassan Rouhani, in a visit to London earlier this month called for the facilitation of banking transactions with Iran now that the sanctions against the country have been lifted.
EU Urges UN to Join Anti-Russia Sanctions
By Alex GORKA – Strategic Culture Foundation – 23.03.2016
The European Union called on March 18 for more countries to impose sanctions on Russia over Crimea joining the Russian Federation two years ago.
In a statement issued on the anniversary of Crimea’s formal accession to Russia, the EU said it will maintain its sanctions that ban European companies from investing in Russian Black Sea oil and gas exploration.
«The European Union remains committed to fully implementing its non-recognition policy, including through restrictive measures», the European Council, which represents EU governments, said. «The EU calls again on UN member states to consider similar non-recognition measures».
Separately, NATO Secretary-General Jens Stoltenberg urged the EU and United States to maintain their broader economic sanctions against Russia over its support for self-declared republics in the eastern part of Ukraine. «It is important that we continue the economic sanctions», Stoltenberg told an event in Brussels.
The Crimean Peninsula became a part of the Russian Federation on March 18, 2014 after the referendum carried out on March 16 showed 97 percent of voters supported joining Russia.
The Kremlin responded by saying that the issue of Crimea could not be «a matter of negotiations or international contacts». «Our position is known: this is a region of the Russian Federation. Russia has not discussed and will never discuss its regions with anyone», President Vladimir Putin’s spokesman Dmitry Peskov said in a teleconference with reporters.
«In this case we should treat with respect the expression of the will of Crimean residents and the decision which was taken two years ago», he emphasized.
The 28-nation EU imposed its Crimea sanctions in July 2014 and then tightened them in December 2014, banning EU citizens from buying or financing companies in Crimea. The United States, Japan and some other major economies, including Australia and Canada, also imposed sanctions on Russia, whereas many other economically developed nations, like, for instance, China and Brazil, refused to join.
It should be noted that the extension of anti-Russian sanctions is a very much divisive issue inside the European Union.
Hungary and Italy said last week they would not agree to extend the EU’s toughest economic sanctions on Russia, the EU’s major energy supplier, without discussions before the summer.
Germany’s Economy Minister Sigmar Gabriel called on March 17 for the EU to try to create conditions by this summer to lift sanctions.
France’s Minister for the Economy, Industry and Digital Affairs Emmanuel Macron said in January that Paris will look to assist in the lifting of Western backed sanctions on Russia by the summer.
Serbia, a nation in talks on joining the EU, has firmly rejected the idea of joining the sanctions regime.
US Republican Senator John McCain has the reputation of hawk calling for getting tough on Russia. But even he had to admit the fact that the sanctions are becoming increasingly unpopular inside the EU. «I think there is clearly a lot of conversation amongst the Europeans about lifting the sanctions… There are many countries that are looking for the exit sign», the Senator said in February. «I have been hearing it for months, that there is enormous pressure in a lot of countries, particularly Germany, to lift the sanctions», he noted.
At that the prominent US politician believes it is up to Washington if and when the sanctions are eventually lifted, saying that the final decision will «to some degree depend on American leadership». Actually, the US right-wing politician openly stated the EU decision on the sanctions is made under US pressure.
Indeed, the EU is following the US. President Obama announced American sanctions against Russia are to be prolonged for another year on March 2.
The EU obediently chimed in 16 days later.
The attempts of the EU to influence other countries into joining the anti-Russia sanctions regime look especially ridiculous against the organization’s failure to make the tiny nation of San Marino, an enclaved microstate surrounded by Italy, comply with the EU’s demands. The republic is not officially part of the European Union and does not face Russia’s food embargo. According to Rossiyskaya Gazeta, a Russian government daily newspaper of record which publishes the official decrees, statements and documents of state bodies, San Marino and Russia signed an export agreement on March 18 during the International Economic Forum of CIS countries.
San Marino’s Minister of Regional Development and International Economic Cooperation Antonella Mularoni attended the forum. Now this European country will export to Russia a range of products, including Parmesan cheese and premium meat products like local Parma type ham. «There are 24 dairies in the republic, and a lot of enterprises engaged in meat smoking», the executive director of the national wholesalers association Vladimir Lishchuk told Rossiyskaya Gazeta. According to him, imports will take the place of illegal goods bypassing the Russian food embargo. Russia’s food safety watchdog Rosselkhoznadzor said it would monitor food imports from San Marino to prevent re-exports of sanctioned products from neighboring EU countries. Russia introduced the food embargo in August 2014 in response to Western sanctions. The ban applied to meat, poultry and fish, cheese, milk, fruit and vegetables from the United States, the EU, Australia, Canada, Norway, Japan and a number of other countries. According to Russia’s Ministry of Economic Development, the import of banned products has fallen by nearly half to $6 billion in the first six months of 2015. Overall imports from the EU have fallen by 45 percent.
Evidently, the EU’s call for UN members to join the sanctions is an effort doomed to go down the drain. The European Union has no leverage strong enough to make world nations comply.
The organization itself is not in a strong position. Looks like it has seen its best days. Brussels is facing a host of acute problems. Many of them seem to be a tall order, for instance: the flows of migrants, the economic inequality of the Union’s members, debt problem and the conflicting views of the UK and Germany on European integration, to name a few.
Doing away with the divisive issue of anti-Russia sanctions could provide an impetus to making progress in other fields, but Brussels prefers a different approach.
The EU statement shows the Union’s leadership is adamant in its desire to go down the slippery slope risking a revolt among the member-states with tensions running already high inside «the European family».
Featured Video
Roosevelt’s Partnership with Stalin
or go to
Aletho News Archives – Video-Images
From the Archives
“Democratic Institutions?” – 10 Lessons from history that will destroy your trust in the CIA
By Kit | OffGuardian | July 20, 2018
… At every corner, we are urged to simply believe what we are told. Whether it is about believing Porton Down and MI6 about “novichok”, or believing the White Helmets about Sarin, or believing the FBI about “collusion”, we are presented with no facts, just assertions from authority. Those who question those assertions are deemed “bots” at best or “traitors” at worst.
Well here, fellow traitors, are the Top Ten reasons to question anything and everything the CIA – or any intelligence agency – has ever told you. … Read full article
Blog Roll
Aletho News- Iran Beat Back The Greater Israel Project
- Roosevelt’s Partnership with Stalin
- Strategic Ambiguity (If We Must)
- Finland shreds nuclear weapons ban
- Kiev turns to ‘systematic killing’ of Zaporozhye plant staff – Russia’s nuclear chief
- Censored Lavrov article Politico refused to publish (FULL TEXT)
- Israel’s censor silenced 5,700 reports in 2025
- After US-Iran deal, Israeli minister threatens war on Syria ‘sooner or later’
- When the Iran War is over: Why the West Bank may be Netanyahu’s next front
- Israeli forces launch fresh ground incursions into Syria’s Quneitra, interrogate locals
- If Americans Knew
- What Ceasefire? Israel Has Now Killed Over 1,000 Palestinians in Gaza Since October
- U.S. Whole-of-Government Takeover by Israel
- Netanyahu’s Mouthpieces Turn on Trump, Revealing a Deeper Israeli Ingratitude
- Senate wants to force US to share sensitive intel with Israel
- Trump ended his idiotic Iran war. Good.
- Khanna Becomes First in Congress to Sign ‘Peace Pledge’ Promising to Reject AIPAC Funds
- Look who’s losing it over Trump’s Iran deal
- Israel has killed over 1,000 Gazans during 8-month “ceasefire” – Daily Update
- REVEALED: Former Top DEA Official Says Israel Spies on US Law Enforcement
- What would happen if US actually cut off military aid to Israel?
- No Tricks Zone
- New Study: Chile’s Relative Sea Level Was 3.2 Meters Higher Than Today During The Mid-Holocene
- Beyond The Pitch: Why FIFA’s World Cup Is One Of Humanity’s Best Investments
- Climate Alarmists Now Using Natural Phenomena To Support Their Claims
- New Study: Significant CO2 Fluxes From Non-Volcanic Sources Are Largely Neglected In Carbon Budgets
- Women Climate Scientists Being Harassed, Insulted By Skeptics, Claims Berkeley Earth Researcher
- Germany’s Longterm Spring Climate Data Show “No Climate Trend”
- New Study: Solar Photovoltaic, Wind Power Fail To Meet Annual Energy Demands 62% Of The Time
- Germany’s Die Welt: “Too Much Is Too Much” … Green Energies Are Cannabalizing Each Other!
- Germany’s Ecological Holocaust… Once Fairy Tale Forests Getting Cleared For Wind Turbines
- A Grand Solar Minimum Has Arrived…Global Cooling Of At Least 1°C Is Expected By The 2030s, 2040s
Aletho News 