Month: December 2012

December 13, 2012 0

Unmasking the Brotherhood: Syria, Egypt, and Beyond

By News Desk

Links Unmasking the Brotherhood: Syria, Egypt, and Beyond December 13, 2012 ( Stop Imperialism ) – The complexities of the Arab Spring and the struggle for political freedom throughout the Arab world should not obscure what has now become an absolutely essential understanding for all anti-imperialists: the Muslim Brotherhood is one of the most powerful weapons of the Western ruling class in the Muslim world.  While that may be a difficult pill for some to swallow for emotional or psychological reasons, one need look no further than the insidious role the organization is playing in Syria and the abuses of power and human rights of the government of Egypt.  In the US-NATO sponsored war against the Assad government, the Muslim Brotherhood has emerged as the leading western-sanctioned force, the avant-garde of the imperialist assault.  While, in Egypt, President Morsi and the Brotherhood government seek to destroy what had been, little more than a year ago, the promise of the revolution. Muslim Brotherhood in Syria This week’s establishment of the Supreme Military Command, in charge of all military aid and coordination to the rebels, demonstrates unequivocally the leadership role of the Muslim Brotherhood in the drive for regime change in Syria.  As Reuters reported , "The unified command includes many with ties to the Muslim Brotherhood and to Salafists…it excludes the most senior officers who have defected from Assad’s military."[1] This command structure, formed at the behest and under the sponsorship of the US, UK, France, Saudi Arabia, Qatar and Turkey among others, does not simply include members of the Muslim Brotherhood, it is, in fact, dominated by them.  Is it possible that the Western imperial powers simply did not notice that the group they were forming was comprised of these elements?  To suggest so would be to accuse some of the leading "statesmen" of the world (Hillary Clinton, William Hague, Laurent Fabius, Ahmet Davutoglu, etc.) of being stupid.  Alas, they are not so.  Instead, these individuals have collaborated to create a Muslim Brotherhood proxy force in Syria, one that can be controlled and depended on to do the bidding of the West. However, it is not enough to say that the Muslim Brotherhood is heading this new military structure, for that would be to imply that they have not been playing a critical role all along.  Rather, the organization has been central to the destabilization of Syria since the beginning of the armed conflict.  The Syrian National Council, originally the face of the Western-backed "opposition" was itself dominated behind the scenes by the Muslim Brotherhood.

December 12, 2012 0

Exit Strategy? What Exit Strategy?

By News Desk

Today the Federal Reserve issued this Policy Statement Regarding Purchases of Treasury Securities and Agency Mortgage-Backed Securities . On December 12, 2012, the Federal Open Market Committee (FOMC) directed the Open Market Trading Desk (the Desk) at the Federal Reserve Bank of New York to purchase longer-term Treasury securities after the maturity extension program is completed at the end of December 2012, initially at a pace of about $45 billion per month.  The FOMC also directed the Desk to continue purchasing additional agency mortgage-backed securities (MBS) at a pace of about $40 billion per month.  These actions should maintain downward pressure on longer-term interest rates, support mortgage markets, and help to make broader financial conditions more accommodative. The FOMC also directed the Desk to maintain its existing policy of reinvesting principal payments from the Federal Reserve’s holdings of agency debt and agency MBS in agency MBS, and, in January, to resume rolling over maturing Treasury securities into new issues at auction.

December 12, 2012 0

US Recognizes Unelected Terrorists as Syrian "Representatives"

By News Desk

Later that month, some 600 Libyan terrorists would be reported to have entered Syria to begin combat operations and have been flooding into the country ever since . Clearly they are not "secretly" organizing hundreds of fighters under the nose of the US consulate in Benghazi , Libya, and "sneaking" through NATO member states into Syria

December 11, 2012 0

Union "Victory": Chrysler Reinstates 13 Workers Fired for Drinking on the Job

By News Desk

Please consider the Detroit News article Chrysler reinstates 13 workers fired for drinking on job . Chrysler Group LLC says it was forced to reinstate 13 workers who were fired from its Jefferson North Assembly Plant two years ago after being filmed by a local television station drinking and smoking what the network suggested was a controlled substance before and during work. "The workers followed the grievance procedure process outlined in the collective bargaining agreement between Chrysler and the United Auto Workers.

December 11, 2012 0

Bank of England Warns of Global Currency Wars

By News Desk

Bank of England Warns of Global Currency Wars By the time central banks warn about something, the practice has likely been going on for years. Today’s case in point is BoE’s King warns of growing currency competition The head of the Bank of England warned on Monday that too many countries were trying to weaken their currencies to offset the impact of the slow global economy and the trend could grow next year. "You can see, month by month, the addition to the number of countries who feel that active exchange rate management, always to push their exchange rate down, is growing," Mervyn King said in a speech