7.7.16

Jew, fifth column, corrupt, incompetent Russian superstar Gorby.

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Only a Jew who has failed Russia completely can still be a public figure with a platform in Russia.

The naive heartfelt questioning could all be clarified if one accepts the premise that Gorby was a foreign agent selected by the secret Jewish cabal for Western Intelligence (With the creation of Israel and its needs, the secret Jewish cabal in the Kremlin ceased to see Kremlin policies through the prism of the Communist ideology and the needs of the Soviet Union)

The Soviet Union thus became an obstacle to Israels interests.

Gorby stayed in Russia and not emigrate to Israel, to protect the interests of the Jews in the country numbering 500,000 in and around Moscow.


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Why Gorbachev Will Never Be Forgiven

He sold out the country he was elected to defend

By Nicolai Starikov (Stalinist apologist, and alternative media personality) in Russia Insider. 



Originally appeared at Argumenty i Fakty. Translated by Julia Rakhmetova and Rhod Mackenzie. A famous Russian historian, writer and politician Nikolai Starikov was interviewed by the popular AiF weekly on the occasion of the last Soviet President 85th Birthday
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At the start of perestroika, I was fifteen. In 1987 I entered an engineering and economic college. By the time I graduated, there was neither an economy, nor a chemical industry – the fields I studied in. Many people like me were forced to sell newspapers in suburban electric trains. I hardly can forgive Gorbachev for that.
(As part of the alternative intelligentsia, always scrutinize the leaders along with their policies with a laser beam focus. Russia is an IMPORTANT huge country, and therefore inevitably it must have enemies....Israel, the USA, UK being the most prominent. Enemies that matter. Poland is an enemy state that does not matter. Not worth wasting a fart about.  
Do the Russian leaders follow policies which follow the dictates of Washington? Then they are traitors. 
Where do the leaders holiday? 
What colour clothes do the leaders wear? 
Where do the leaders children study? 
With Whom does the leaders family associate with for private and business matters (marriage)? 
Where do the leaders wives go shopping? 
Where does the leaders deposit MOST of their wealth? 
How do the leaders generate their total wealth? 
The more corrupt they are, the more likely that they will be traitors.

ALSO given the true history of the country since Catherine the Great, and her creation of the Pale of Settlement Черта́ осе́длости, chertá osédlosti  it is good to know which Russian leaders are Jews who have changed their identity and name, or Jew cock suckers who have evolved into power through the good grace of the secret Jew elite in Russia. 
 
What was Jew Bolshevism from 1918--1991, if not one giant vengeance death wish against the best of Russian civilization?

The leaders determines the fate of the state. 

Nor can I forgive him for the fact that several students among my classmates and from other classes died from drug overdoses; that some of my acquaintances were killed in ethnic conflicts that spread throughout the country; that others went on the bottle because they couldn’t find a job due to the ‘reforms’.
(1. Yes maybe..after Gorby left in 1991, and more importantly  after he left the open mess, ugly base feelings of ethnic schism emerged that had previously been submerged by the Soviet Union,........ OR with encouragement from the USA/NATO deliberately. Gorby's fault clearly......burnt the house, and then went on the international lecture circuit with hands in pocket and a glib unapologetic demeanure.
2. Alcoholism.....but isn't this a perennial Russian problem from years before the Soviet Union? Weren't Soviet soldiers given vodka in WWII so that they would be semi-drunk with 'Dutch courage', and thus easier to be sent to the front lines to be slaughtered by the Nazis.....in neat rows like ducks in a ....)
3. ) Drugs became an epidemic in the 1980's before Gorby, when Soviet soldiers illegally entered Afghanistan. When Gorby pulled the Soviet soldiers out, he partially stemmed the follow of Afghan heroin into Russia via Soviet Central Asia. However narcotics addiction picked up again under Yeltsin and even Putin. When the USA occupied Afghanistan it increased dramatically(The primary reason why the USA is in Afghanistan....if we haven't figured that out yet), and Jew Oligarch installed puppet Putin helped the USA stay in Afghanistan with HIS initiative of the Northern Corridor, through which and Central Asia huge quantities of Afghan heroin poured into Russia with Putin's full knowledge, and total silence, and inaction against it in Russia. Thats not Gorby's fault...if we take the timeline of 1980--2016 as a ongoing problem that has not been fully resolved by the Kremlin still)
I also can’t forgive Gorbachev for withdrawing our officers from Germany to the middle of nowhere and leaving them homeless, nor for betraying our allies, beginning with those from Afghanistan and ending with Cuba.
(1. The Soviet military numbered 5.8 million standing regular forces with conscripts in 1989...with expenditure of 18% of GDP on defense and security.....sustainable... no! There had to be military cuts of course with a collapsing economy accelerated by Gorby himself. Since Gorby didn't care about the military he did this too hastily, which destroyed the effectiveness of the Soviet military, and later the Russian army...clearly demonstrated by events in Chechnya. Gorby's callousness constituted a national security threat.....beyond mere withdrawing of troops from Eastern block countries. Had Gorby not collapsed the Soviet Union on the orders of his Western masters, there would still be Russian troops in East Germany, albiet at lower levels with a smaller defense expenditure to GDP. 

2. Cuba...$5 billion subsidies to Cuba every year, with guarantee of a market for Cuban products...sugar and tobacco. Tough to sustain in the post Gorby market realities. CASTRO is the richest man in Cuba...billionaire and a CIA spy(His job description from the CIA is to scare the pants out of ordinary gullible Americans with his colourful Latino red hot speeches) .....so ??? Cuba is not strategically important for Russia IMHO)

3. Afghanistan is important for Russia. Afghanistan was an existential threat and not a direct threat in 1979 and a carefully contrived 'Bear Trap' for the Soviet Union planned by Brzezinski........create a 'Vietnam' for the Soviet Union in her backyard. SO, intellectually and physically it was never in the interests of the Soviet Union to partake in a USA CONSPIRACY....against Russia. Certainly not prolong it well after 1989 with Soviet troops on the ground, taking back Afghan heroin to Russia, in addition. And what great achievements did Soviet troops achieve in Afghanistan....kill 1.5 million civilians..is this called genocide? I think. Expose the weakness of Soviet military doctrine in counter insurgency warefare. Drop millions of mines shaped like toys, so that Afghan children would pick them up, and explode killing them, or maiming them....how beautifully thoughtful!!!!!!!!!!! Or Nazi like gassing of certain Afghan villages.....and so on...It is good the Soviet Union withdrew from Ariana in 1989.
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Gorbachev destroyed the economic bloc we formed with our allies – the Comecon - transferring their ruble exchanges to USD. He disbanded the military and political bloc – the Warsaw Pact - which was absolutely unnecessary. Was he really so naïve as to believe that NATO would be disbanded as well after that?
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Did the USSR experience in 1985 the problems that it didn’t have back to 1941? 
(The challenges of 1941 were far greater with an economy that was 5 times smaller than 1989, and technologically far more behind than in 1989...with fewer educated people than 1989......absolutely no excuse given what China has achieved since)
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Why did we manage to resist back then, failing now? And how did China, which had the same development model as we but lagged far behind us, succeed in achieving fantastic results, while the USSR broke down? Saying, that the Soviet Union didn’t have any prospects is to deny reality.
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Gorbachev didn’t fight to keep the USSR from falling apart, but to save his own influence. If not, as the legitimate president of the Soviet Union, controlling powerful secret agencies and the army, in December 1991 he could have had the three conspirators in the Belavezha Forest arrested. Instead, he announced his resignation…
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So I don’t see anything positive in this person. And most people were disappointed in him by the year of 1991.(Only disappointment?)

If Ethopia can, then why not Russia?

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OBVIOUS ANSWER: You don't have to be a KGB super spy to figure this out.......the Russian 5th column.

There was a Russian 5th column busy in 1916.

There was a Russian fifth column busy in 1941.

There was a Russian fifth column busy in the 1950's with Jew Nikita Pearlmutter as their nominal head.( He was a British spy recruited in the late 1930's)

There was a Russian fifth column busy in the 1980's. Mikhail Gorbachev was a USA/British spy who had been recruited in the 1960's. An extremely corrupt apparatchik, who bribed his way up the greasy pole of power.....within the Jewish secret state of the Kremlin.

There was a Russian fifth column busy in the 1990's .......Boris Yeltsin. An extremely incompetent corrupt Jewish apparatchik, and a USA spy recruited in the 1980's within the Jewish secret state in the Soviet Union. He set up a drunks galore dictatorship for many years, which devastated the Russian economy and society......whilst the USA empire creeped, tiptoed and crawled nearer Russia's borders...with military bases.

There is a Russian fifth column busy even now...co-existing peacefully and amicably with Putin under a USA designed political system, sabotaging the economy from within, and misdirecting state policy under the nominal leadership of Medvedev.....a British spy, from St. Petersburg.

If Putin after all this tolerates, promotes, amicably co-exists and acquiesces with the fifth column for many years, about whom ALL of Russia already knows about, then he too must be part of this secret axis recruited into this elaborate system whilst he was posted abroad, or in Russia itself in St. Petersburg....the Russian city that longingly and lovely looks at the West with a sad sigh.


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ETHIOPIA – Economic Solutions for Africa

african perspective

Can Ethiopia’s Economic Growth Model Become A Template for Africa Despite the World Bank’s Objection?

(Maybe an original African model is not suitable for white Russia? Maybe the Chinese model is not suitable for Russia? Maybe the Japanese model is not suitable for Russia? Maybe the Malaysian model of economic success is not suitable for Russia?

ONLY an economic model designed by the CIA and the Chicago School of economics via the IMF and World Bank is suitable of Russia...and implemented by the Russian 5th column is ok)

By Lawrence Freeman at therearenoglasses.com
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It is common these days, when Western nations are discussing the government of Ethiopia, to hear a raft of attacks on that nation for “human rights violations.” But is that a true picture? The most fundamental human right is the right to live. 
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Like China, which has lifted 500 million of its citizens out of poverty over the last three decades, Ethiopia has reduced the number of people living in poverty by one third over the last decade, from 38.7% of the population in 2004 to 26% in 2014.
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In tandem, according to the CIA’s World Factbook, the crude death rate has declined by over 50%, and life expectancy has jumped from 40.88 to 60.75 years.
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In neither country was this accomplished by accident, but rather by intention through government-directed policies, which recognized the critical role of the state in fostering economic growth, especially in supporting infrastructure projects in vital categories of water, energy, roads, and rail development. 

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In the case of Ethiopia, this is the result of the of the intellectual leadership of their now deceased Prime Minister, Meles Zenawi, who developed the concept of the “Developmental State”–a state whose single-minded purpose is accelerate growth, and provide guidance to the private sector to that end, as opposed to simply relying on the so called magic of the market place to secure the nation’s future.
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Ethiopia, the second most populous nation in sub-Saharan Africa, with a population approaching100 million people, is on a unique path of growth as a result of successful state interventionist policies. While it cannot be denied that poverty exists, Zenawi and his legacy have changed more than the direction of Ethiopia; they have actually changed the dynamic of the economy to the point that even Ethiopia’s detractors have begrudgingly been compelled to acknowledge that fact.

Eradicating Poverty Is the Goal

After settling an internal policy debate, Ethiopia’s leadership beginning in 2001 determined that the long-term vision for this large undeveloped nation was not to manage poverty, but to eradicate it. This vision of the future, thinking generations ahead, has governed the nation’s policies in the present. It has also guided the thinking for the selection of the nation’s economic goals outlined in Ethiopia’s first Growth and Transformation Plan-(GTP I), 2010/11–2014/15, and draft of The Second Growth and Transformation Plan-(GTP II), 2015/16–2019/20.
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The government’s understanding of the primary importance of infrastructure in realizing its intentions is succinctly articulated in GTP I: “Expansion and maintenance of infrastructure such as road, power, and water supply need to be seen from the standpoint of enhancing and sustaining pro-poor growth by the way of job creation, initiating domestic industrial development, thereby contributing to poverty eradication of the country.” 
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This central theme of Ethiopian policy is repeated in GTP II: “The economic growth registered so far has been broad-based and pro-poor. Growth has continued to generate employment, improving income and reducing poverty. Yet despite progress made, employment generation and poverty eradication still remain as our number one development agendaThe overall strategic directions of the infrastructure sector are to ensure infrastructure that supports rapid economic growth and structural transformation, creating mass employment opportunity…”

Economic Progress

The Ethiopian government admits that not all of the goals of GTP I were achieved. However, substantial progress was realized from 2009 to 2014 that has created a new economic platform for a potentially higher level of growth over the next five years. Below are listed some of the targets of GTP I and what was accomplished after four years:
  • GDP growth rate at 11.2%; after four years it was 10%.
  • Agricultural growth rate at 7.3%; after four years it was 6.6%, a drop of 1% from its growth rate of 7.6% in 2009/10.
  • Industry growth 21.4%; after four years it was 20%, almost double the 10.8% growth rate of 2009/2010. Industry as a portion of the total GDP had the largest increase of all sectors of the economy over this four year period, expanding from 12.9% to 14.2 % of the economy’s output.
  • Ethiopia is experiencing the fastest rate of growth in power generation of any nation in sub-Saharan Africa. After starting with a mere 2,000 megawatts- (MW) of electricity in 2009, they had hoped to increase their output to 8,000 MW. This was not accomplished but nation is on course over the next few years to become only second to South Africa in energy production. With the completion of the Gilgel-Gibe III hydro electric project in 2015, a plant that generates almost 1,900 MW, the nation has already doubled its capacity. While GTP I forecast an increase from 41% of the population having access to electricity to 75%, in four years coverage has reached 54%, but this will significantly increase as the Grand Renaissance hydro project begins to come on line within the next two years, adding potentially 6,000 MW of power.


Image of Gilgel-Gibe III hydroelectric project               skyscrapercity.com

  • In 2009 Ethiopia had a total road network of 49,000 kilometers-(km) and expected to expand to a total of 136,000 km in four years. It fell short of that goal. However, during that period 12,000 km of new roads were added, and additionally 39,000 all weather roads were constructed, resulting in road density increasing from 44.5 km per 1000 squared km to 90.5 km per 1000 km, and travel time to reach an all-weather roads decreased from 3.7 hours to 1.8 hours.
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  • Toll Booth on new highway south of Addis Ababa December 2014.        Photo by Donielle DeToy
  • Enormous progress has been accomplished in new railway construction, which was negligible in the base year of 2009. In 2015 the 34 km (20.5 mile) Addis Ababa Light Rail Tram, the first of its kind in sub-Sahara Africa became operational. As well, the 753 km (481 miles) Addis Ababa–Djibouti railway, financed and built by China, already began last year transporting food to alleviate the effects of Ethiopia’s severe drought.    The biggest and most important advances for the Ethiopian economy were in the primary categories of infrastructure; roads, electrical power, and rail. Manufacturing was not forecast, but increased from a growth rate of 11.6% in 2009/10 to 13% in four years, although it decreased as portion of the total GDP from 5% to 4.4% from 2009-10 to 2013-14.

Next Challenge: Industrialize To Grow 

Industrializing the Ethiopian economy is the focus of the GTP II, building upon the accomplishments of the first five year plan. To increase the “productivity and competitiveness of the productive sectors; agriculture and manufacturing industries” is the top priority strategic goal of GTP II. Examining the productive–i.e. wealth creating portion of the economy–GTP II projects annual industrial growth to average 19.8% and the manufacturing sub-sector to grow at 23.8%. Their goal is to increase the industrial percentage of GDP from 15.6 to 22.8 and manufacturing sub-sector from 4.6 to 8 over the next during the five years.
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During the same period they expect the percentage of GDP in the agricultural and service sectors to decrease respectively from 41 to 35.6 and 43.4 to 41.6.
Another feature of Ethiopia’s growth plan is to increase exports and thus generate additional foreign exchange. Merchandize exports as a share of GDP are projected to grow from 6.4% to 11.8%, with the manufacturing exports share of GDP to increase from .9% to 3.1%, and to one quarter of total merchandize export.
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What is obvious from these statistics is that Ethiopia like the vast majority of sub-Saharan nations has virtually no manufacturing industry and a small export sector. Ethiopia’s chief exports are largely agriculturally based; coffee, sesame seed, animals, leather goods, cuts flowers, khat, and gold. Africa’s share of the global manufacturing export market is under 3%. It is precisely this lack of a manufacturing-industrial sector integrated with mechanized farming that has contributed to the abject poverty and needless loss of lives in Africa.
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As a result of decades of colonialism (which Ethiopia escaped), IMF/WB imposed financial prescriptions including the structural adjustment programs, and the doctrines of free-trade globalization espoused by the World Trade Organization, at the behest of the City of London and Wall Street dominated financial system, African nations have been denied the right to develop. Without sovereign productive economies that provide the material needs for families to have meaningful and dignified lives, terrorist organization have found fertile recruiting grounds from tens of millions of unemployed alienated nihilistic youth, who have lost hope in creating a better future

Targets of GTP II include:

*Building 100,000 km of new all weather-roads, almost doubling its current amount;
*Increasing power generation to 17,346 MW achieving almost an 800% increase in power generation capacity from 2,267 in 2014, along with an almost fifteen fold increase in per capita consumption from over the next four years.
*Increasing by 50% the amount of irrigated land from 658,340 hectares to 954,000.
*Providing health services to 100% of its population.
*Reducing by more than half; the number of under five mortalities per 1000 live births from 68 to 30, infant mortality per 46.4 to 19.3, and maternal mortality 420 to 199.
* Increasing irrigated land from 548,320 hectares by almost 50% to 954,000.
*Increasing access to potable water from 58% of the population to 83%.

Economic Value
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For Ethiopia to realize its vision of the future, especially the elimination of poverty, it is important to understand what types of economic activity actually add value to society and enhance its capability to qualitatively improve the living standard of it population continually from one generation to the next.
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At a recent conference in Washington, D.C. discussing the failure of Africa to industrialize, a representative of the Africa Development Bank objected to this author’s distinction between investments in physical economy and other sectors such as services and tourism. We stipulate that by physical economy we mean those investments that improve the productive powers of the economy that will enable the society to provide for an increase in the creation real physical wealth over the ensuing production cycles. In other words, not all categories of GDP are equal.
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Education and healthcare are necessary services that should be more properly comprehended as crucial forms of “soft infrastructures” to complement the categories of “hard infrastructure” discussed above. Other types of services maybe useful, but they should be understood as only ancillary to the physical growth of the economy. Thus, it is not healthy for Ethiopia to continue to have over 40% of its GDP generated from the service sector, and for the service sector to be the largest contributor to GDP as well as the nation’s second largest employer.
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Money and monetary values are not synonymous with real physical wealth, which makes GDP/GNP more than an imperfect measurement of economic growth.
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Tourism may bring in revenues, and provide some employment, but it does not contribute to increasing the productive powers of society. Neither does the promotion of over-priced real-estate and luxury hotels actually add any real value to an economy. For any nation to develop, it is essential that expanding its manufacturing sector is an utmost priority, precisely because it is the engine for the growth of a productive industrial-agricultural economy. Ethiopia is correct to pay attention to this sector and to continue its emphasis on infrastructure, which raises the productivity of the entire economy, most importantly its agricultural sector. With the majority of Ethiopians employed in small self subsistence modes of farming, creating modern farms with advanced machinery is essential to feed the population and transform the agricultural industry.
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Rather than accepting the false axioms of free-trade and globalization, African nations should realize the enormous potential of their own markets of over one billion people, the vast majority of whom are in desperate need of the basic necessities of life. Obtaining self-sufficient capacity to feed one’s citizens is a priority for African nations, in preparation to becoming net food exporters. For Africa to produce over a thousand gigawatts of vitally required electrical power, build tens of thousands of kilometers of rail lines, millions of kilometers of all weather roads, and new waterways to channel surplus water from wet to dry basins will necessitate employing tens of millions of African youth. For the continent, these physical improvements will be transformative, causing a leap in the productivity for all African economies.
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Investments in infrastructure, especially grand infrastructure projects generate far more than monetary returns; they create the platform for a renaissance in culture and economy.
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Additionally, governments should fund “non-green” science, research and technology centers to create a science-driver for economic growth. Every African nation not only deserves but is obligated to have operating nuclear fission powered plants to supply the electrical grid with the most powerful form of energy. Not only is nuclear the most efficient form of electricity, but as Cheikh Anta Diop insisted over a half century ago; the nuclear energy industry would be an ideal training center to upgrading the skill levels of the working population. In his book, Black Africa, he called for establishing an institute of nuclear chemistry and physics and a pilot fusion center.
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Dr Cheikh Anta Diop

We should recognize that the generative source of all economic value is the creative human mind that is uniquely capable of discovering new scientific principle leading to the application of technological advancements in modes of economic production. Every human being has the inherent potential to contribute to the future of civilization. Rather than seeing Africa with its bulging youth population as an opportunity for exploitation, as a source for labor intensive and low wage jobs in the globalized world economy, these youth should be trained as skilled workers, engineers, and scientist, to maximize their contribution to society.

What The World Bank and International Financial Community Do Not Like About Ethiopia’s Economic Growth Model

With all the difficulties Ethiopia faces; its economic growth beyond other sub-Saharan African nations from 2004-2014 is undeniable. The World Bank in their February 2016 report: “Ethiopia’s Great Run; The Growth Acceleration and How To Pace It” admits the effectiveness of Ethiopia’s state directed policy to promote infrastructure development: They write: “Ethiopia stands out during the 2000s for having registered very rapid infrastructure development. Using data for 124 countries over four decades, the country was among the 20 percent fastest in terms of infrastructure growth over the last decade… these infrastructure growth rates also exceeded those of the fast growing regional peers with comparable income levels.” Yet in the same document they criticize Ethiopia’s unique economic model, and predict its failure unless they liberalize their economy. The World Bank’s defective reasoning is that unless the private sector becomes the “ultimate engine” of growth, including financing infrastructure, and that the government ceases its involvement in nurturing development, Ethiopian’s growth rate will decline. This report and its conclusions reveal two underlying characteristics of the failed thinking of the World Bank and by extension the entire western financial “monetarist” system.
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One, they do not understand what real economic value is. That is, they do not comprehend why infrastructure uniquely drives economic growth and why state intervention to support investment in infrastructure has been proven over centuries to be the most effective method to finance economic growth. The best of what the United States once was (and could become again) is due to the polices first put forth by President George Washington and his Treasury Secretary, Alexander Hamilton, who reorganized the debt of the colonies, and unified the states through the creation of a national credit bank to finance nationwide infrastructure, agriculture and industry.
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Two, they oppose the state taking a primary role in vectoring the economy for the intentional result of creating a better future for the nation’s posterity

The Heresy of State Credit

The World Bank et al are keenly aware that the driving force to Ethiopia’s growth has been favorable terms of credit provided by the state institutions. Ethiopia’s real crime according to the World Bank is properly known as dirigisme: state-directed credit to generate economic growth for the benefit of society. In their report they object to the fact that Ethiopia “…continued to intervene in most sectors of the economy thereby not adopting some of the key recommendations of the Growth Commission [2008] of ‘letting the markets allocate resources efficiently.” (emphasis added)
“What sets Ethiopia markedly apart it is emphasis on a state led model of growth (which most peers moved away from)…”
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It is precisely this type of state intervention by Ethiopia to promote economic growth, unique among sub-Saharan African nations that the western financial system most vehemently opposes, if not abhors.
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The World Bank et al insist rather sternly that “‘Government is not the proximate cause of growth. That role falls to the private sector, to investment and entrepreneurship responding to price signals and market forces…’”
Ethiopia is accused of violating the edict of “market forces” dictated by the international financial community i.e. the World Bank, IMF, City of London and Wall Street, and instead using:
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“Heterodox financing arrangements to support public investment is the heart of the strategy. Public investment projects are implemented over the national budget and through State Owned Enterprises (SOEs) using domestic and external sources of financing. Domestic financing draws upon a range of heterodox arrangements, including direct lending and bond purchases by state-owned banks to finance SOE projects…The dominance of state-owned banks (accounting for about two thirds of the banking system deposits) and credit rationing in the presence of negative real interest rates imply cheap sources of financing for public projects…”
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Wisely, Ethiopia maintains a protectionist and regulated financial system with restrictions on flows of foreign finance capital. Although it is not stated in their report, the same western financial institutions have been trying for years to convince the Ethiopian government to permit its national banks to be privatized, i.e. to liberalize the banking industry. This of course would open up their economy to the ruinous intrusion by financial predators, which would undermine their pro-growth policies. Thus far the government has resisted these efforts of coercion, including remaining the largest populace without a stock market.
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Ethiopia’s banking system is composed of sixteen private commercial banks, and two primary state owned banks; the Development Bank of Ethiopia-DBE, and the Commercial Bank of Ethiopia-CBE, which dominates the private banking industry with 70% of its total assets. Ethiopia does not allow foreign owned banks, maintains ownership of key infrastructure related industries, and has one of the highest levels of public sector investment in the world.
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The functioning of the DBE echoes the principles of Alexander Hamilton’s National Bank in its mission statement: “The Development Bank of Ethiopia is a specialized financial institution to promote the national development agenda through development finance and close technical support to viable projects from the priority areas of the government…” by providing long and medium loans for projects coherent with government’s pro-growth-jobs creation strategy. (emphasis added)
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Another offense that Ethiopia is accused of according to the World Bank is financial repression. “In sum, Ethiopia’s credit market is characterized by financial repression with an emphasis of financing public infrastructure projects.” They define financial repression “as governmental policies strictly regulating interest rates, setting high reserve requirements on bank deposits and mandatoryily allocating resources.”
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Actually, the Ethiopian leadership does not reject the role of the private sector, but they do oppose letting the global “markets allocate resources” when it comes to the survival of their nation. Rather, they believe that the state has a primary responsibility to intervene to provide financing for critical categories of infrastructure and other essential areas of investment that promote their developmental strategy.
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Ethiopia, has earned the umbrage of the World Bank by its confident defiance of the neo-liberal axioms and its refusal to adopt the laissez-faire doctrine of the “western consensus” dictated by the financial capitals of the West as evident in the following quote from the World Bank report:
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“Ethiopia’s main strength is having institutionalized how power is organized based on a development vision, including an understanding of how development needs to be shared among competing groups to keep the country unified. These systems are not just heterodox from an economics point of view, they are also heterodox institutionally—i.e. they do not conform to the Western consensus of what is a good institutional model– …” (emphasis added)
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In their own twisted monetarist logic, the World Bank is forced to acknowledge that Ethiopia’s state directed investment in infrastructure has been successful, but the World Bank proclaim that their own so called “model predicts growth to fall when credit to the private sector declines…”
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History has proven repeatedly into the present that a nation with a clear vision of the future for its economy has always applied the principle of directed state credit to accomplish their goals, and the private sector, although it has useful function, never has and never will be able to invest in a nation’s infrastructure at the levels necessary to drive economic growth.
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A new paradigm of development has emerged in the world. With the expansion of China’s “One Belt-One Road” policy encircling the globe, the creation of the BRICS with their New Development Bank, in conjuncture with other liked minded institutions that are dedicated to fostering infrastructure led development, the world had dramatically changed. 
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African nations now have a propitious moment in their brief histories to free themselves from the control of the post Bretton Woods financial system, with their failed lending practices, and to participate in this new alternative pathway to progress. Much can be and should be learned from Ethiopia’s pro-growth policies and the government’s intention to eradicate poverty.
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Contact author :
lkfreeman@prodigy.net


6.7.16

How does one liberate Russia from its traitors, who destroy the Russian economy?

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I think mere elections will not get rid of them.

The Imperial Russian economy was sabotaged from 1916 by the Bolsheviks prior to the collapse of the Russian army in 1917. The military disasters of 1917/18 were not due to poor generals, soldiers or lack of equipment. But a dedicated International fifth column who committed themselves to a revolution which would take Russia out of the Great War, destroy society as it was constructed and put the Jews in power in the name of Bolshevism for the first time in Russian history.

Jew Gorbachev's destruction of the Soviet economy from 1985--1991 was not mere mismanagement of the second largest economy on earth by a mere one man, but the careful collapse of the command economy by a fifth column in the Soviet Union with fealty to Washington, Israel and London.

Perpetually drunk Jew Yeltsin's drive to convert the Russian economy 1991--1999 into a banana Republic basket economy was not the work of one drunk man, but the careful planned work of a fifth column in Russia connected to Washington, Israel and London.

The lesson must therefore be learnt from the above, and Russia must immediately deal with its fifth column of economic saboteurs.

Putin can perform friendly overtures to the extremist Israelis, and he can call a thousand times for love and peace with the Jews in Washington, otherwise called the Neocons.........but eventually the Russian people must deal with the fifth column in Russia.

Otherwise its a tragic case of 'Stockholm syndrome' or that the so called Eurasian nationalists are part of a so called elaborate Hegelian dialect, which fundamentally co-exists amicably with the Atlantists in an artificial facade for public consumption divide, but fundamentally are no different in many respects from the fifth column which works for the strategic interests of Washington. (Hilary vs Trump)

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When Will Russia Be Rid of Its Achilles Heel Fifth Columnists?

Russia under Putin has shown that it's not scared of anyone...so why this deference towards the banksters to whom Russia's central bank is still in thrall?
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By F. William Engdahl in New Eastern Outlook via Russia Insider 
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For three days this month, June 16-18, I had the opportunity to participate as a panelist in the annual St. Petersburg International Economic Forum in Russia. I’ve been in Russia many times since the Ukraine US-backed coup d’état of February 2014, and the deliberate escalations of NATO military and economic tensions and sanctions against the Russian Federation. 

This year’s forum, my second as participant, gave me a rare opportunity to speak with leading representatives from every sector of the Russian economy- from CEOs of the energy sector to the Russian Railways to the national Russia Grid electricity provider to numerous small and mid-sized businessmen, to a wide range of economists. It sharpened my perception of just how precarious the situation of Russia today is.
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What became clearer to me in the course of the three days of discussions in St Petersburg is precisely how vulnerable Russia is. Her Achilles Heel is the reigning ideology that controls every key economic post of the Government of the Russian Federation under Prime Minister Dmitry Medvedev. 
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Under the terms of the Russian Constitution adopted in the chaos of the Yeltsin years and enormously influenced, if not literally drafted, by Russia’s foreign IMF advisers, economic policy is the portfolio responsibility of the Prime Minister and his various ministers of Economics, Finance and so forth. The Russian President, today Vladimir Putin, is responsible for defense and foreign policy.
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Making the job virtually impossible of reviving credit flows to fuel genuine real investment in urgently needed infrastructure across the vast land expanse of Russia is the Central Bank of Russia. The Central Bank of Russia was given two constitutionally-mandated tasks when it was created as an entity independent from the Russian Government in the first months of the Russian Federation following the breakup of the Soviet Union. It must control Russian domestic inflation and it must stabilize the Ruble against major foreign currencies. Like western central banks, its role is almost purely monetary, not economic.
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In June, 2015 as I participated the first time in the St Petersburg forum, the Russian Central Bank base rate, interest charged to banks, was 11%. In the peak of the so-called Ruble crisis in January 2015 it had reached 17%. Expectations last summer were that Elvira Nabiullina, the central bank governor since 2013, would begin to bring central rates rather rapidly down to manageable levels, especially at a time when central banks such as the European Central Bank, the US Fed and the Bank of Japan were lowest in some 500 years at zero or even negative. Further, since January 2016 oil prices, a significant factor in the Ruble strength as Russia is the world’s largest oil exporter, began a rise of more than 60% from lows below $30 a barrel in early January to levels near $50 six months later.
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That lowering of rates by the Central Bank hasn’t happened. Instead it is slowly killing the economy. One year later, in early June, 2016 the Russian Central Bank under Governor Nabiullina made the first rate cut since June 2015…to a still-deadly 10.5%. Perhaps it’s notable that monetarist Nabiullina was named by the London Euromoney magazine as their 2015 Central Bank Governor of the Year. That should be seen as a bad omen for Russia. Equally ominous was the fulsome praise the head of Washington’s IMF had for Nabiullina’s monetarist handling of the early 2015 Ruble crisis.(Following the orders of her real masters)

 
The evil Tartar bitch, destroying the Russian economy, at a time of crisis(possibly a German spy) 
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Operation Success…patient died
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What I experienced in my discussions at the conference–this year with record attendance of more than 12,000 business people and others from around the world–was a sense that there coexist two Russian governments, each the polar opposite of the other. 
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Every key economic and finance post is firmly occupied at present by monetarist free-market liberal economists who might be called “Gaidar’s Kindergarten.” Yegor Gaidar was the architect, along with Harvard’s Jeffrey Sachs, a Soros-backed economist, of the radical “shock therapy” that was responsible for the economic hardships that plagued the country in the 1990s resulting in mass poverty and hyperinflation.
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Today’s Gaidar Kindergarten includes former Finance Minister Alexei Kudrin, another Euromoney favorite in 2010 as international Finance Minister of the Year. It includes Economics Minister, Alexey Ulyukaev. It also includes Medvedev’s Deputy Prime Minister, Arkady Dvorkovic.
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Dvorkovic, a graduate of Duke University in North Carolina, is a protégé, directly serving during his earlier years under Yegor Gaidar. In 2010 under then Russian President Medvedev, Dvorkovic proposed a lunatic scheme to make Moscow into a world financial center by bringing in Goldman Sachs and the major Wall Street banks to set it all up. We might call it inviting the fox into the hen house. Dvorkovic’s economic credo is “Less state!” He was the chief lobbyist in Russia’s WTO accession campaign, and tried to ram through rapid privatization of the assets that remain state-owned.
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This is the core group around Prime Minister Dmitry Medvedev today who are strangling any genuine Russian economic recovery. They follow the western playbook written in Washington by the International Monetary Fund and the US Treasury. Whether they do this at this stage out of honest conviction that that is best for their nation or out of a deep psychological hatred for their country, I’m not in a position to say. 
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The effects of their policies, as I learned in my many discussions this month in St Petersburg are devastating. In effect, they are self-imposing economic sanctions on Russia far worse than any from the USA or EU. If Putin’s United Russia party loses the elections on 18 September, it will be due not to his foreign policy initiatives for which he still enjoys 80+% popularity polls. It will be because Russia has not cleaned the Augean Stables of the Gaidar Kindergarten.

Obeying Washington Consensus
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From various discussions I learned to my shock that the official policy of Medvedev’s economic team and of the Central Bank today is to follow the standard IMF “Washington Consensus” budget austerity policies. This is so despite the fact that Russia, years ago, repaid its IMF loans and is no longer under IMF “conditionalities,” as it was during the 1998 Ruble default crisis.
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Not only that, Russia has one of the lowest debt-to-GDP ratios of state debt of any major country in the world, a mere 17% while the USA “enjoys” a 104% ratio, the Eurozone countries have an average debt level of over 90% of GDP, far from the mandated 60% Maastricht level. Japan has a staggering 229% debt-to-GDP.
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The official economic policy today of the Central Bank of Russia with its absurdly high rates is to reduce an inflation rate of a mere 8% to its target of 4% through an explicit policy of budget austerity and consumption reduction. No economy in recorded history has managed an economic policy under forced reduction of consumption, certainly not Greece nor any African nation. Yet the Russian Central Bank, as if on automatic pilot, religiously sings the Gregorian death chants of the IMF as if they were a magic formula. If Russia continues down this Central Bank monetarist path it may well soon be that, “the operation was a success, but the patient died,” as the cynical saying goes.
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Stolypin Club
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There is a coherent, experienced and growing opposition to this liberal western cabal around Medvedev. They at present are represented in something called the Stolypin Club, created by a group of Russian national economists in 2012 to draft comprehensive alternative strategies to lessen Russia’s dependence on the dollar world and boost growth of the real economy.
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I had the honor of appearing on a major panel together with several members and founders of this group. It included a co-founder of the Stolypin Club, Boris Titov, a Russian businessman and open ideological foe of Kudrin, who is chairman of the All-Russian “Business Russia” organization. He insists on the need to increase domestic production of goods, stimulate demand, attracting investment, tax cuts and the cuts to the refinancing rate of the Central Bank. Titov is a central figure today in Russia’s recent China initiatives. He served as chairman of the Russian part of the Russian-Chinese Business Council, and member of the Presidium of the National Council on Corporate Governance.
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My panel also included Stolypin Club leading members Sergei Glazyev, Adviser to the President of the Russian Federation, and Andrey Klepach, Deputy Chairman of the VEB Bank for Development. Klepach, a co-founder of the Stolypin Club, was formerly Deputy Economics Minister of Russia, and director of the macroeconomic forecasting department of the Ministry of Economic Development and Trade. My impression was that these are serious, dedicated people who understand that the heart of true national economic policy is human capital and human well-being not inflation or other econometric data.
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Stolypin Bonds
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At this point, expanding on my remarks to the audience in St. Petersburg, I would like to share a proposal for getting Russia’s vast and rich economy and people into a positive growth path despite sanctions and high central bank interest rates.
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All the necessary elements are there. The country has the largest land expanse of any nation in the world. It has arguably the richest untapped mineral and precious metals resources. It has some of the finest scientific and engineering minds in the world, a skilled workforce, highly intelligent wonderful people.
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What is lacking is the coordination of all the instruments to make an harmonic national economic symphony. Still there is a fear of being accused of reversion to Soviet Gosplan central planning among too many in Government positions. Only partly are the scars of Russia’s national trauma much healed under the years of Putin, someone who has allowed Russians to again feel respected in the world.
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The scars came not only from the travails of communism. They came from the manner in which the United States under President George H.W. Bush in the early 1990’s and after under every US president since, has gone out of its way to humiliate and heap contempt on Russia and everything Russian. Sadly, those scars, consciously or unconsciously, still hamper many in positions of responsibility across Russia.
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On the positive side, there are many successful models of growing an economy in a positive, debt-free manner. One is Germany following the World War in the 1950’s through the state special credit authority, Kreditanstalt für Wiederaufbau (The Credit Authority for Redevelopment), which restored Germany from the ashes of war with subsidized interest rates. It was also used to rebuild the former German Democratic Republic after unification in 1990.
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There is the successful model in the 1960s under French President Charles de Gaulle, called Planification, where every region with representatives of all major social groups—farmers, small-to-midsize businesses, labor, large companies—met and debated their regional priorities and sent them to a central body to draft the Five Year Plan. Five years not because of Soviet imitation but because major infrastructure requires a minimum of five years and the possible correction of ineffective or outdated plans needs a short span of five years.
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I would propose establishing of a unique, separate State Authority for National Infrastructure Development, independent of the Central Bank of Russia or of the Finance Ministry. It ideally would have an impartial overseeing board of most respected and economically experienced Russian nationals from each region. Perhaps it would make sense to place it directly under the responsibility of the President. It could adopt the “best practices” of the above two models as well as others successful in recent years such as South Korea after the 1950’s.
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The model developed by Russia’s Pyotr Arkadyevich Stolypin, the namesake of the Stolypin Club group of national economists today, is appropriate. As Czar Nicholas II’s appointed chairman of the Council of Ministers, Stolypin served as both Prime Minister and Minister of Internal Affairs from 1906 to 1911. He introduced successful land reforms to create a class of market-oriented smallholding landowners, and construction of a second track of Sergei Witte’s monumental Trans-Siberian Railway, one along the Amur River border with China. He began to transform Russia’s economy dramatically.
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I would propose the suggested separate State Authority for National Infrastructure Development be given the authority to issue special “Stolypin Bonds” to finance a wide variety of agreed national infrastructure projects that would rapidly accelerate the Eurasian economic integration and creation of vast new markets with China, Kazakhstan, Belarus on to India and Iran.
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The Stolypin Bonds would be issued to only Russian nationals, pay an attractive and fair interest rate, and not transferable to foreign bondholders. Because of this internal financing, it would not be vulnerable to western financial warfare. The debt incurred would not be any problem because of the quality of the investment and because of the present extraordinary low debt levels of the Russian State. Emergency conditions require extraordinary solutions.
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Sale of the special bonds would be direct from the new state authority, and not via banks, thus increasing the possible interest rate attractiveness for the Russian population. Bonds could be distributed to the public through the national network of Post Offices, minimizing distribution costs. As was done in Germany and other countries previously with great success, the bonds could be collateralized by something Russia has more of than anyone—its land.
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Because the bonds go exclusively to infrastructure projects deemed national priority, they would be anti-inflationary. This is because of the “secret” of government infrastructure investment. By making the arteries of the national economy flow more efficiently across all Russia, where today, for lack of modern infrastructure, none exist. They will create new markets, significantly lower transportation costs.
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The new enterprises and the newly-created jobs to construct the infrastructure will repay the State Budget manifold in raised tax revenues for a prospering economy. It is the opposite of the current, failed Central Bank “consumption-reduction” anti-inflation model. This expanding investment in turn would undercut current Central Bank power over the national economy until such time the members of the Duma realize it is time to roll-back the 1991 Central Bank law and reincorporate it into the state. State sovereign control over its money is one of the most essential attributes of sovereignty.
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Objectively, today Russia possesses everything she needs to become an economically prosperous world economic giant and technology pacesetter in addition to her already made decision to become world leading agriculture exporter of GMO-free, natural agriculture.
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What was clear from my St Petersburg talks this time is that events are approaching a decisive “do or die” turn in which either economic policy is formally put into the hands of competent national economy circles such as those of Boris Titov, Andrey Klepach and Sergey Glazyev, or she will succumb to the insidious poison of Washington Consensus and liberal free market nonsense. After my recent private talks I am optimistic regarding prospects for a positive change.

1.7.16

The world is blessed!

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Assad: West Cooperating With Syria Against ISIS

Says Countries Attack Publicly But Deal 'Under the Table'

by Jason Ditz, at antiwar.com
Speaking today in an interview for Australia’s SBS Network, Syrian President Bashar al-Assad confirmed that several Western nations, including Australia, have been directly, albeit secretly, cooperating with his government on the war against various Islamist factions.
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“They attack us politically and then they send officials to deal with us under the table, especially the security,” Assad noted, adding that they “only repeat what the United States want them to say.”
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Assad’s comments aren’t a complete shock, as several reports to this effect, including one in December by Sy Hersh, have been making the rounds throughout the war, suggesting that some in the US, particularly the Pentagon, have been keen to use allies as a back-channel way to share intelligence against ISIS and al-Qaeda with Assad.
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(So ISIS is purely a CIA Toyota vehicle....in service of the extremist messianic fringe of the Likudniks in Israel?

I am happy for the USA and for the world. One reads alternative news after alternative news that ISIS was a monster created by the Military Industrial Complex of the USA.....to generate profits for the MIC. If the likes of President al-Assad and Sy Hersh(the greatest credible investigative reporter in the world)...says that the Pentagon and other governments who purportedly side with ISIS with covert military drops and commando's are in reality helping Assad in Syria, then it is good news.

Then it means there will be no goose step towards war against Russia or China as well.

Then it means the folly of world war I will no longer be repeated, where a handful of MEN in the UK, France, Germany, Imperial Russia and the Hapsburg empire pull the rest of the world towards massive destructive war in the 21st century.

The world no longer relies on the words or deeds of a few good noble honorable men) 
Those reports have never been publicly affirmed before, however, let alone by someone as high-profile as the Syrian president himself. This policy of double-dealing is likely not to sit well with some parts of the US government, which have argued that the focus of the war should be fighting Assad and not ISIS.