Economist and founder of Democracy at Work Dr. Richard Wolff and broadcasting legend Larry King join Rick Sanchez to weigh in on Wall Street’s terrifying Monday plunge, the worst since 2008. They explain the link between oil exploration and extraction and the debt that fuels it. They also discuss the role of the coronavirus outbreak in the economic crisis and its likely influence on US politics.
NATO member Turkey was recently caught out providing artillery support for terror groups in Syria’s Idlib province; now leader of the NATO alliance, the United States, is hinting at Russia and Syria holding dialogue with the terrorists to curb the upsurge in conflict.
Secretary of State Mike Pompeo said yesterday, after the Iraqi government had asked the US to leave their country, pack up and close the US bases, “the United States is prepared to help the Iraqi people get what they deserve and continue our mission.” He went on to say that the Iraqi people want the US to keep their bases in Iraq.
In February 2019 Germany opened a brand new intelligence complex in the city of Berlin. The new headquarters of the BND (Bundesnachrichtendienst or Federal Intelligence Service) occupies a huge space—by the way, much as STASI or State Security Service once did in East Berlin the former German Democratic Republic—and supposedly employs a total of over six thousand persons. The move from its former secret location in the Munich suburb of Pullach reflects both the centralization in Berlin of federal institutions that after World War Two were widely dispersed throughout Germany and importantly, European Union-NATO leader Germany’s efforts to get away from the nation’s Nazi past. The new BND location in Germany’s capital city seems also a giant step away from the former obsessive secrecy of its location in Munich, hidden away in that obscure suburb and operating under a cover name and, above all, until the late 1950s an affiliate of the CIA. The move to Berlin can be interpreted as the BND’s declaration of sovereignty.
Ten years ago, Americans were beginning to confront the reality that their nation was irrevocably in decline. The economy had entered into a downward spiral, the country had been in a nine-years-long war, and democratic rights were disappearing. Given the history of collapsing empires, it’s unsurprising that all of these trends have continued since then. And the geopolitical and cultural dynamics that have developed throughout the 2010s aren’t surprising either.
“The Pentagon has a little secret: a strategy that is low in cost but high in threat. It’s called missile defense. Missile defense spending is less than two percent of the military budget but it establishes a high level threat to so-called enemy nations like China Russia and others.” — Will Griffin
Australian-born John Pilger has worked for over five decades as a reporter and documentary film-maker covering wars and conflicts all over the world. In the following interview, the award-winning journalist says the world is arguably at a more perilous geopolitical juncture than even during the Cuban Missile Crisis in 1962 at the height of the Cold War. This is because American “exceptionalism” – which, he points out, mirrors that of Nazi Germany – has developed into a hyper-rogue phase. The relentless denigration of Russia by American and Western media show that there are few red lines left to restrain aggression towards Moscow, as there were, at least, during the past Cold War. Russia and China’s refusal to bow down to Washington’s dictate is infuriating the would-be American hegemon and its desire for zero-sum world domination.
Abby Martin sits down with renowned Marxist Economist Richard Wolff to discuss the growing popularity of socialism under Trump and its historical roots in America, misconceptions about Russia and China’s economic success and Marx’s theory of alienation and monopoly capitalism.
Global Network board members Bruce Gagnon and Will Griffin discuss the current crisis in Ukraine: how fascists are killing thousands of people, support from the right-wing authoritarian government, and how the US supports and trains the fascists.
The American ruling class decided that it would be necessary to start a 21st century cold war with Russia and China when it became apparent that U.S. global hegemony was being replaced by a multipolar world. And even before this new level of warfare became the priority, it was apparent that a long-term era of tensions between great powers would require much greater government control over information than was previously the case.
Control of oil has long been a key aim of U.S. foreign policy. The Paris climate agreements and any other Green programs to reduce the pace of global warming are viewed as threatening the aim of dominating world energy markets by keeping economies dependent on oil under U.S. control. Also blocking U.S. willingness to help stem global warming is the oil industry’s economic and hence political power. Its product is not only energy but also global warming, along with plastic pollution.
The US-led NATO alliance this week designated a whole new hemisphere to itself for “security” operations. No longer merely an “Atlantic” organization, it’s assuming the role of policing the Pacific. Quite a self-promotion.