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War of Economic Corridors: the India-Mideast-Europe ploy

Posted by M. C. on September 27, 2023

The India-Middle East-Europe transportation corridor may be the talk of the town, but it will likely go the way of the last three Asia-to-Europe connectivity projects touted by the west – to the dustbin. Here’s why.

A year later, at a G7 meeting, B3W had already shrunk to a $600 billion infrastructure-and-investment project. Of course, nothing was built. History really is implacable, it came down to nought. 

The same fate awaits IMEC, for a number of very specific reasons.

https://new.thecradle.co/articles/war-of-economic-corridors-the-india-mideast-europe-ploy

Pepe Escobar

Photo Credit: The Cradle

The India-Middle East-Europe Economic Corridor (IMEC) is a massive public diplomacy op launched at the recent G20 summit in New Delhi, complete with a memorandum of understanding signed on 9 September. 

Players include the US, India, UAE, Saudi Arabia, and the EU, with a special role for the latter’s top three powers Germany, France, and Italy. It’s a multimodal railway project, coupled with trans-shipments and with ancillary digital and electricity roads extending to Jordan and Israel. 

If this walks and talks like the collective west’s very late response to China’s Belt and Road Initiative (BRI), launched 10 years ago and celebrating a Belt and Road Forum in Beijing next month, that’s because it is. And yes, it is, above all, yet another American project to bypass China, to be claimed for crude electoral purposes as a meager foreign policy “success.”  

No one among the Global Majority remembers that the Americans came up with their own Silk Road plan way back in 2010. The concept came from the State Department’s Kurt Campbell and was sold by then-Secretary Hillary Clinton as her idea. History is implacable, it came down to nought.  

And no one among the Global Majority remembers the New Silk Road plan peddled by Poland, Ukraine, Azerbaijan, and Georgia in the early 2010s, complete with four troublesome trans-shipments in the Black Sea and the Caspian. History is implacable, this too came down to nought.   

In fact, very few among the Global Majority remember the $40 trillion US-sponsored Build Back Better World (BBBW, or B3W) global plan rolled out with great fanfare just two summers ago, focusing on “climate, health and health security, digital technology, and gender equity and equality.” 

A year later, at a G7 meeting, B3W had already shrunk to a $600 billion infrastructure-and-investment project. Of course, nothing was built. History really is implacable, it came down to nought. 

The same fate awaits IMEC, for a number of very specific reasons.

Map of The India-Middle East-Europe Economic Corridor (IMEC)

Pivoting to a black void 

The whole IMEC rationale rests on what writer and former Ambassador M.K. Bhadrakumar deliciously described as “conjuring up the Abraham Accords by the incantation of a Saudi-Israeli tango.”

This tango is Dead On Arrival; even the ghost of Piazzolla can’t revive it. For starters, one of the principals – Saudi Crown Prince Mohammad bin Salman – has made it clear that Riyadh’s priorities are a new, energized Chinese-brokered relationship with Iran, with Turkiye, and with Syria after its return to the Arab League. 

Moreover, both Riyadh and its Emirati IMEC partner share immense trade, commerce, and energy interests with China, so they’re not going to do anything to upset Beijing.

At face value, IMEC proposes a joint drive by G7 and BRICS 11 nations. That’s the western method of seducing eternally-hedging India under Modi and US-allied Saudi Arabia and the UAE to its agenda. 

Its real intention, however, is not only to undermine BRI, but also the International North-South Transportation Corridor (INTSC), in which India is a major player alongside Russia and Iran.  

The game is quite crude and really quite obvious: a transportation corridor conceived to bypass the top three vectors of real Eurasia integration – and BRICS members China, Russia, and Iran – by dangling an enticing Divide and Rule carrot that promises Things That Cannot Be Delivered. 

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The Fed Holds the Fed Funds Rate Steady—Because it Doesn’t Know What Else To Do | Mises Wire

Posted by M. C. on September 27, 2023

If we read between the lines, it is apparent that the Fed is hoping that price inflation will fall to politically acceptable levels without any additional tightening, and without a recession. But “hope” is all the Fed has. The FOMC voting members have no idea what comes next. But, the members apparently still fear politically damaging price inflation isn’t going away as evidenced by most members’ admission that the target rate is unlikely to fall much before the end of 2024. This is notable because the FOMC members tend to strenuously avoid any predictions that rates might tighten further.

These guys are the best we have? I don’t think so. See mises.org, fee.org.

https://mises.org/wire/fed-holds-fed-funds-rate-steady-because-it-doesnt-know-what-else-do

Ryan McMaken

The Federal Reserve’s Federal Open Market Committee (FOMC) on Wednesday left the target policy interest rate (the federal funds rate) unchanged at 5.5 percent. This “pause” in the target rate suggests the FOMC believes it has raised the target rate high enough to rein in price inflation which has run well above the Fed’s arbitrary two-percent inflation target since mid-2021. 

The press release from the FOMC was largely unchanged from previous recent meetings and contained the usual language about the state of the economy and the Fed’s ability to manage it:

Recent indicators suggest that economic activity has been expanding at a solid pace. Job gains have slowed in recent months but remain strong, and the unemployment rate has remained low. Inflation remains elevated. … The U.S. banking system is sound and resilient. … the Committee will continue reducing its holdings of Treasury securities and agency debt and agency mortgage-backed securities, as described in its previously announced plans. 

This rosy and orderly picture of the situation relies on cherry-picking which indicators on which to base an assessment of the overall economy, and in his post-meeting press conference, Fed Chair Jerome Powell repeated the usual stock language the committee routinely provides on how present high labor demand proves there is no economic turbulence on the horizon. This reliance on current jobs data deliberately hides a larger and more accurate assessment of the economy. Nonetheless, in his comments at the press conference, Powell stated some undeniable facts: 

Inflation remains well above our longer-run goal of 2 percent—4 percent over the 12 months ending in August—and that, excluding the volatile food and energy categories, core PCE prices rose 3.9 percent. Inflation has moderated somewhat since the middle of last year … Nevertheless, the progress—the process of getting inflation sustainably down to 2 percent has a long way to go. 

This meeting of the FOMC was described as “hawkish” by Wall Street observers and pundits, mainly because the FOMC’s Summary of Economic Projections (SEP) suggested that the target inflation rate will remain at 5.5 percent—or even slightly higher—throughout the rest of the year. As Powell noted:

If the economy evolves as projected the median participant projects that the appropriate level of the federal-funds rate will be 5.6 percent at the end of this year, 5.1 percent at the end of 2024, and 3.9 percent at the end of 2025. Compared with our June Summary of Economic Projections, the median projection is unrevised for the end of this year but is moved up by a half percentage point at the end of the next two years.

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Trudeau’s Five Eyes Allegation: Terrorist Died By Assassination

Posted by M. C. on September 26, 2023

Trudeau has levied allegations against India – claiming evidence Modi’s government was involved in the assassination of Hardeep Nijjar, a domestic terrorist in India. Is Canada now a sanctuary state? Does it not recognize reciprocity with one of its biggest trade partners – India?   Why doesn’t Trudeau simply provide the evidence that supports his allegations?   Likely because evidence doesn’t exist and India’s hard line regarding Russia is the sole motivation.

by Helena

It is NOT Canada’s job to intervene.

Nijjar was born in Punjab, India and joined the Khalistan Tiger Force, a militant group designated as a terrorist organization as of 2023.   In 1995, Nijjar was arrested in India amidst the ‘Green Revolution’ initiated by the Ford and Rockefeller Foundations. It was triggered by the Golden Rice initiative via the Rockefeller Foundation in the 1980’s wherein production of rice was increased by 100%. But the rice was identified as the reason thousands of Indians died due to lack of nutrients, in particular Vitamin A.   Many farmers commit suicide.

Nijjar fled India in 1997 using a fraudulent passport and applied for refugee status in Canada under a fake name.   His application for citizenship in Canada was denied multiple times until 2007.   At this point he was a wanted man in India and should have been extradited.

The Khalistan Tiger Force was involved in many bombing sprees across India.   Nijjar was determined to be leading this organization by India’s government and in 2014 and again in 2016, India issued an Interpol arrest warrant.   Canada ignored the warrants.   The Trudeau government instead references this terrorist as a religious man who just wanted ‘peace’.

Nijjar was assassinated in June 2023 by two unidentified gunmen who have yet to be arrested.

Three months later, the Trudeau government in true Pink Panther, Inspector Clouseau fashion, decided to arbitrarily implicate Modi’s government because one of the ‘Five Eyes’ said so.

Spies who die.   At some unspecified time, Nijjar became an affiliate agent within the Canadian Security Intelligence Service.   The larger dangling question would be – why was a terrorist wanted by India indoctrinated into Canada’s Intelligensia?   Was this arrangement made in 1997 or 2007 as a term of citizenship?

Every Revolution that is denoted with a ‘color’ originates through the auspices of the US Agency, National Endowment for Democracy (NED).   Their objective is to stoke discord and protests and violence. Their Orange Revolution was the catalyst for the Ukraine coup in 2014.

Given Nijjar was thus a project of NED, it is highly likely they represent the “Five Eye” snitch and told Trudeau to call out India.  It would also indicate that Nijjar was working as an asset for NED.   A valuable one.  His protocol?  To destabilize India and stoke a revolution.

The end result is the cancellation of trade with India valued at $9 billion.

With China becoming the boogey man, the West looked to India to fill a largess portion of the grand canyon ‘gap’ in trade.   I remember when Trudeau dressed his entire family in the classic Indian dress one would wear to a wedding. Trudeau thinks he is a Buddhist.   It was a huge faux pas!

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The World Economic Forum: A Farcical Illusion For Fossil Fuel Profits

Posted by M. C. on September 26, 2023

The International Council For Local Environmental Initiatives (ICLEI) is affectionately nicknamed, Local Governments For Sustainability.   They are an initiative of the World Economic Forum Agenda 2030 with a goal of building 15 minute resilient cities. Based out of Bonn, Germany, they have 2500 city mayors across the globe that have become members, pay membership dues, and vow to uphold the goals.   They state that their member cities are stakeholders. Their current President is the mayor of Des Moines Iowa, Frank Cownie.

There is no conservation sustainable goal!   There is only oil and gas, and hedge funds. The movement of money from The People to war in Ukraine, to NGO’s, to trafficking.   These are their GOALS.

In the end it is about Eugenics and genocide while hoarding assets.

The International Council For Local Environmental Initiatives (ICLEI) is affectionately nicknamed, Local Governments For Sustainability.   They are an initiative of the World Economic Forum Agenda 2030 with a goal of building 15 minute resilient cities. Based out of Bonn, Germany, they have 2500 city mayors across the globe that have become members, pay membership dues, and vow to uphold the goals.   They state that their member cities are stakeholders. Their current President is the mayor of Des Moines Iowa, Frank Cownie.

Conceived by Jeb Brugmann, from Freiberg, Germany, Brugmann received his masters from Harvard in an amazing – one year.  ICLEI’s earliest slogan was, ‘For The Common Good’.   Partners include Google, Woodwell Climate Research Center, Undisclosed, and the Pennsylvania Department of Environmental Protection.   In collaboration with Anthony Blinken, 24 cities across the Americas were chosen to participate in the Cities Forward Program within the ICLEI,  including; Denver, Philadelphia, Baltimore, Coral Springs, Hawaii County, Dallas, Dubuque, Austin, Evanston, Hoboken, Chattanooga, and Stockton.

The Cities Forward Program board consists of a number of mayors, but one in particular is worth mentioning; Kelly Takaya King, Former Council Member, Maui County, HI.    As in the now destitute Maui central.

Partnering with Secretary of State Blinken in this initiative is The Institute of Americas.   One particular advisory member to The Institute – is a Director at Pfizer, Dr. Samuel Dychter.    AN ODD COUPLE TO BE SURE.  Their partners include: Chevron, Exxon, Shell, Sempra Energy, Pan American Energy, Orel Energy, Interenergy, Pluspetrol, and others.   In other words, the fossil fuel industry is partnering to end all fossil fuels? And the Institute is led by Pfizer and hedge funds.

Orel Energy is a holding company with holdings in just about everything with one very small notation of solar amidst fertility, healthcare, quantums, AI, gaming, crypto, food tech, etc….   Not unlike Blackrock, which owns considerable shares in nastypants – fossil fuels.   Pluspetrol is the leading private oil and gas company in Latin America – operating in 7 countries…

You get the gist.   The ICLEI is a bait & switch operation that has absolutely nothing to do with sustainability – and everything to do with fossil fuels. 

Funding is public, private and government in the form of USAID.

The concept of the 15 minute city is a communist/socialist construct wherein you essentially become a prisoner.   Leaving the city will require permission and a mode of transportation. Your work will be determined/dictated by Stakeholder Council members, and your life will become a hodge podge of pre-selected spouses, pre-defined food and caloric intake, and 3 changes of clothing – rented, of course.

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A “Trick Question” Police Use To Get Consent To Search

Posted by M. C. on September 26, 2023

Say “No” then STOP TALKING.

All police questions are trick questions. “Do you know how fast you were going?” “No” means you were not paying attention and not in control of your vehicle. “Yes” means you admit knowingly violating the law. Win/win for them. Epic fail for you.

https://www.youtube.com/watch?v=5SYCSG_-ZS0

CoreyScottLaw

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As the US Military Goes Woke, China Could Surpass It Sooner Than Expected…

Posted by M. C. on September 26, 2023

It should be no surprise that fewer people want to participate in this Neo-Marxist nonsense while potentially taking orders from a man pretending to be a woman, subjecting themselves to the latest vaccine mandate, all while possibly dying, losing a limb, or getting PTSD from foreign wars that have nothing to do with where they come from.

The US Air Force has even held recurring drag shows.

by Nick Giambruno

US Military Cultural Shift

Did you know the US Army missed its recent recruiting goal by 25% or 60,000 new soldiers?

It’s the worst recruiting crisis for the Pentagon since the end of the draft in 1973.

Even families with military backgrounds, typically the source of most recruits, are becoming less inclined to endorse military life.

Polls have shown an overly politicized military leadership and woke training programs and policies as the main reason for the steep drop.

For instance, critical race theory has embedded itself in the US military.

This includes spreading racial narratives that erode unit cohesion, classes on anti-racism, training against so-called radicalization, barring white service members from specific diversity training sessions, and the deliberate silencing of opposing viewpoints, among other policies.

West Point has introduced a minor in “Diversity and Inclusion,” while the Naval Academy provides courses that focus on themes related to “critical race theory” and “intersectionality.”

The US Air Force has even held recurring drag shows.

As part of this year’s “Pride” celebration, the Department of Defense trumpeted the story of a transgender soldier on social media.

These are just a tiny—but illustrative—set of examples of how the US military has embraced woke values.

See the rest here

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The Slavery Contract

Posted by M. C. on September 26, 2023

In fact, all contract law is based on the principle that a contract is created that two or more parties agree to. And, with the passage of further laws, the contract would be updated.

However, if I were to ask you to show me a copy of your current contract with your government, I’m guessing that not only could you not produce one, but that it never occurred to you that you should expect one.

by Jeff Thomas

The Slavery Contract

“Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters.”  –  Benjamin Franklin

It’s no secret that governments tend to be fond of passing laws that obligate their citizenries to the government. In fact, most countries operate a system of direct taxation, which, in itself, allows a government to enact a host of laws obligating the individual to the government, complete with significant penalties for failure to comply.

And, of course, governments, when deciding what sort of general behaviour should be tolerated by its citizenry, tend to legislate less for recompense to those whom a citizen may have wronged and more for recompense to the government itself, even if it has not been wronged in the slightest.

Generally speaking, the larger the country, and the older the country, the more extensive the laws.

Of course, in a country that claims to be a democracy, the idea is supposed to be that the will of the people is followed by its elected representatives, which suggests that the people actually have a say in how they are governed – that their government may only impose such laws as the majority agree on.

Well, there’s nothing unusual in that concept. In fact, all contract law is based on the principle that a contract is created that two or more parties agree to. And, with the passage of further laws, the contract would be updated.

However, if I were to ask you to show me a copy of your current contract with your government, I’m guessing that not only could you not produce one, but that it never occurred to you that you should expect one.

That being the case, the only way that we could cobble together a contract would be to list a set of general principles under which you are presently governed. We can use US Law as an example, but much the same laws are common in many other countries.

For the sake of convenience, we shall use the terms “Servant” and “Master” to describe you and your government.

  1. The Servant may not leave the Master’s property without permission.

In order to travel outside the US, you are required to present your government-issued, identifying document for approval for you to leave, even briefly. The decision as to whether you may leave is unilaterally for your government to decide.

  1. The Servant may not receive income of any kind without disclosure to the Master. 

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US Announces $2 Billion Loan For Poland To Spend On Military

Posted by M. C. on September 26, 2023

The State Department said the US would also provide $60 million in FMF funds to cover the cost of the loan.” Say What? The real cost is unknown as US taxpayers will never that money, and likely much more to follow, again.

Polandspends more on its military than most European NATO members

Say What? So why the payoff…err…”loan”?

https://www.zerohedge.com/military/us-announces-2-billion-loan-poland-spend-military

Tyler Durden's Photo

by Tyler Durden

Tuesday, Sep 26, 2023 – 09:25 AM

Authored by Dave DeCamp via AntiWar.com,

The Biden administration on Monday announced a $2 billion loan for Poland that will go toward modernizing Warsaw’s military.

“Today, the United States is proud to announce the signing of a milestone $2 billion Foreign Military Financing (FMF) direct loan agreement to support Poland’s defense modernization,” the State Department said in a press release.

Source: KPRM

The State Department said the US would also provide $60 million in FMF funds to cover the cost of the loan. The press release described Warsaw as a “stalwart US ally” as Poland has become a major hub for arms shipments to Ukraine and spends more on its military than most European NATO members.

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Temperature Change

Posted by M. C. on September 25, 2023

The lefties in the 1970s claimed global cooling would do us all in and it was the fault of capitalism. Then, after there were a few hot years, the liberals in the 1990s claimed global warming would be the end of us all and it was the fault of, guess what, yes, the free enterprise system.

https://substack.com/inbox/post/137354911

A reader of mine, whose name shall remain anonymous, has attributed to me a stance this is not mine. To the best of my knowledge I never said, let alone wrote, anything to the effect that a small increase of temperature every year would not have dire consequences, eventually. That is the viewpoint he attributes to me. I never made any such claim, to the best of my memory, in any public talk or debate; certainly, I never published anything supporting anything like that. Rather, here are my views on temperature change.

The lefties in the 1970s claimed global cooling would do us all in and it was the fault of capitalism. Then, after there were a few hot years, the liberals in the 1990s claimed global warming would be the end of us all and it was the fault of, guess what, yes, the free enterprise system. Then there were a few cool years and the “progressives” in the 2010s claimed temperature change would have dire consequences and it was the fault of the evil private property and profits-based system. The latter of course is tautologous in that no state of affairs of the weather could refute this claim.

Clever pinkos. Note how they continually change how they want us to refer to them. You would adopt this policy, too, gentle reader, if you were as mistaken as they are in all such matters and wanted to shield yourself from criticism. “Hey, that’s not our view!” they might say. “It was those other guys.”

Note, also, that weathermen can hardly predict their way out of a paper bag — for a few days hence, let alone a week or more. You have to take pretty much everything they say with a grain of salt. Ditto for meteorologists, who predict weather for decades hence, even centuries.

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The Idea That Government Can “Scientifically” Rule Society Has Failed Miserably!

Posted by M. C. on September 25, 2023

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