"The United States and European Union have imposed tough sanctions on Iran that have weakened its economy. But Tehran has found ways to bypass the penalties, such as Turkey's use of gold to pay for Iranian natural gas imports. The Menendez-Kirk measure would allow the president to impose sanctions in cases of the sale or transfer of precious metals, targeting efforts by Iran to circumvent the penalties." Continue reading →
"Intrade decided all its U.S. customers must now close their accounts and withdraw their money from the site. Why did the American government sue Intrade? It was not for operating an online gambling operation, but for allegedly violating America's incomprehensible financial regulations. The government says that many of the things Intrade allows people to predict - everything from what the price of gold will be in the future to whether the U.S. will go to war soon - are legally considered 'commodity options,' and that Intrade broke the law because it isn't licensed to trade those. The penalty is $140,000 per violation." Continue reading →
"For years now, US financial, military and diplomatic support of Israel has been the central enabling force driving this endless conflict. Just consider the actions of the US over the last week as violence in Gaza escalated. On Tuesday, the US vetoed a UN Security Council cease-fire resolution on the ground, in essence, that it was too balanced. The US State Department publicly attacked its Nato ally, Turkey, for condemning Israeli aggression. As always, the US Congress and the US Executive Branch are virtually unanimous in their full-throated, completely one-sided support for Israeli actions." Continue reading →
"A startling Thanksgiving Day gift awaited Americans in Switzerland, green card holders and even non-US spouses of Americans who have bank accounts with UBS. The Swiss bank sent Americans a form where they agree to renounce protection under Swiss data protection laws 'to the extent necessary for reporting …and any other information regarding the Relationship which may be requested or required by the IRS.' Signatures required include those of Swiss citizens who do not have US citizenship and have never held of green card or lived in the United States, but who have an American spouse and joint bank accounts, including mortgages." Continue reading →
"Anti-riot police fired tear gas on Saturday to disperse protesters camped out in Cairo’s Tahrir Square as Western governments voiced growing concern over Islamist President Mohamed Morsi’s assumption of sweeping powers. The president already held both and executive and legislative powers and Thursday’s decree puts him beyond judicial oversight until a new constitution has been ratified in a referendum." Continue reading →
"Thousands of Greeks marched behind a blood-stained national flag on Saturday to commemorate the violent suppression of a 1973 student uprising against a US-backed military junta. The bloodied flag that flew over the Athens Polytechnic on the night of November 17, 1973 — seen as a key moment in the restoration of democracy to Greece — was carried as usual at the head of the annual demonstration in memory of those who died. Police said about 20,000 people marched in total in the capital. Outside the U.S. embassy, some of the protesters set fire to an American flag." Continue reading →
"Comparing the effects of sanctions vs nuclear bombs. Contrasting the fatalities of the atomic bombing of Hiroshima to those of the sanctions imposed on Iraq in the 1990s. 'Genocide masquerading as policy' as one congressman put it. Should the US do the same to Iran? Are sanctions a legitimate 'diplomatic tool' to avert war?" Continue reading →
"A group of American activists have staged a protest outside the CIA headquarters to voice their anger against Washington’s ongoing use of terror drone attacks. The use of terror drones as a weapon of war is an isolated method, raising many ethical questions in addition to political and legal concerns. The UN has condemned the US assassination drone strikes, saying they pose a challenge to international law. Hundreds of people have been killed in drone attacks in northwestern Pakistan's tribal areas since the beginning of this year. In Yemen, over 300 people have been killed in the airstrikes in the southern regions of the country so far in 2012." Continue reading →
"What media attention there has been has focused far too narrowly on the lists maintained by the White House and National Security Council that include American citizens. The reality is that kill lists have metastasized across the government to include the Pentagon and the CIA and are symptomatic of a transformation of U.S. foreign and defense policies. They have all become part of a ten year government created master plan to confront Islamic fundamentalism worldwide using drones and special operations teams, with little or no consideration for the local conditions that have led to the rise of religious extremism nor any concern for the consequences." Continue reading →
"There are several revealing lessons about this media swooning for Petraeus even as he exits from a scandal that would normally send them into tittering delight. First, military worship is the central religion of America's political and media culture. The military is by far the most respected and beloved institution among the US population - a dangerous fact in any democracy - and, even assuming they wanted to (which they don't), our brave denizens of establishment journalism are petrified of running afoul of that kind of popular sentiment. Second, it is truly remarkable what ends people's careers in Washington - and what does not end them." Continue reading →