Wall Street WARZONE
“China’s Secret War Plan” Adding Trillions Debt. But We “Love” War! So We’ll Pay Till Bankrupt. Yes, Today Economic Cyber-War. Tomorrow, Real Combat!
by Paul B Farrell, JD, PhD
| Discuss | Print | 8/13/2011

Yes, Americans love war. And yes, wars cost money. Add debt. New taxes. Still, we love war. Why else let the military budget burn 48% of your tax dollars? But why is it “off the table” when the GOP talks “deficit cuts?”

Why? We love war. We’d rather attack with a macho battle cry like “Damn the torpedoes full speed ahead!” than listen to a warning from historian Kevin Phillips: “Most great nations, at the peak of their economic power, become arrogant, wage great world wars at great cost, wasting vast resources, taking on huge debt, ultimately burning themselves out.” Which dominates our Congressional deficit-hawks? Which is China’s military strategy?

Admit it, we love war. Marine Corps posters grabbed me as a kid. Trained me as an aviation weapons system tech. I volunteered for Korea. And I couldn’t resist Erik Sofge’s edgy thriller, “China’s Secret War Plan,” about a China-USA war. Like a fast-paced Tom Clancy thriller. Leaked to Popular Mechanics: One of my favorites as a kid working in a small-town magazine store. Yes, war’s “popular.” Locked in our DNA long ago. Sofge’s thriller was based on war games played by Pentagon generals and Rand Corporation strategists.

Admit it, Americans love war. Can’t resist videogames, war movies: Hunt for Red October. Platoon. Dirty Dozen. StarWars. Terminator. War turns us on, a testosterone virus in our brains. Blinds us to costs, collateral damage, unintended consequences, new debt for our kids. Besides, they’ll grow up “loving” war. DNA is passed on. Can’t resist. That hot button gets pushed by photos of China’s first Aircraft Carrier, or its new Stealth Bomber exposed during the state visit of China’s President Hu Jintao. Sofge’s thriller begins:

August 9, 2015, 0400. China’s war for “Taiwan starts in the early morning. There are no naval bombardments or waves of bombers … 1,200 cruise and ballistic missiles rise from heavy vehicles on the Chinese mainland … Taiwan’s modest missile defense network … a scattered deployment of I-Hawk and Patriot interceptors … slams into dozens of incoming warheads … a futile gesture … The mass raid overwhelms the defenses as hundreds of Chinese warheads blast the island’s military bases and airports.”

Do taxpayers have a choice? No? Just plan for big wars? Bigger deficits? No retirements.

The GOP wants to cut America’s massive debt. But “off-the-charts” military spending is “off the table.” Back in the forties WWII consumed 57% of our GDP. Today, war eats up about half America’s budget. We’re sinking under Iraq war debt. Nobelist Joseph Stiglitz estimates Iraq at $3 trillion, with $2 trillion for future costs, like VA medical. The Afghan war maybe another $3 trillion. Plus endless terrorist threats. Future wars are “planned” years, even decades in advance, strategies based on Pentagon-Rand wargames.

America talks peace. But deep inside our collective brain is a dark monster: We’re little kids who love playing war. Later fighting real wars. Age ten I had a collection of model fighter planes, played air wars. Age fifteen, owned three guns for hunting. Then the Corps. Like a moth to the flames, Americans cannot resist our destiny in war …. read more about this China-U.S.A. war in my column in MarketWatch

World War III: The 12-Bomb Equation, Exploding Population times Accelerating Demand minus Scarce Commodities equals New Resources Wars Everywhere!
by Paul B Farrell, JD, PhD
| Discuss | Print | 6/26/2010

So what’s the biggest time-bomb for Obama, America, capitalism, the world? No, not global warming. Not poverty. Not even peak oil. What is the absolute biggest? One like the trigger mechanism on a nuclear bomb. One that’ll throw a wrench in global economic growth, ending capitalism, even destroying modern civilization. The one that – if not solved soon – renders all efforts to solve all the other problems in the world, irrelevant, futile and virtually impossible. Yes, that one.

News flash: the “Billionaires Club” knows: Bill Gates called billionaire philanthropists to a super-secret meeting in Manhattan last May. Included: Buffett, Rockefeller, Soros, Bloomberg, Turner, Oprah and others meeting at the “home of Sir Paul Nurse, a British Nobel prize biochemist and president of the private Rockefeller University, in Manhattan,” reports John Harlow in the London TimesOnline. During an afternoon session each was “given 15 minutes to present their favourite cause. Over dinner they discussed how they might settle on an ‘umbrella cause’ that could harness their interests.”

The world’s biggest time-bomb? Overpopulation say the billionaires. Too many people! Yes, over-population is the world’s #1 problem. And yet, global governments with their $50 trillion GDP, aren’t even trying to solve the world’s “over-population problem.” G-20 leaders ignore it. So by 2050 the Earth’s population will explode by almost 50%, from 6.6 billion today to 9.3 billion says the UN. And what about those billionaires and their billions? Can they make stop the trend? Sadly no. Only a major crisis, a global catastrophe, a collapse beyond anything prior in world history will do it. Here’s why.

Civilizations collapse fast, crises trigger, leaders clueless

“One of the disturbing facts of history is that so many civilizations collapse,” warns Jared Diamond, an environmental biologist, Pulitzer prizewinner and author of Collapse: How Societies Choose to Fail or Succeed. Many “civilizations share a sharp curve of decline. Indeed, a society’s demise may begin only a decade or two after it reaches its peak population, wealth and power.” Other voices are darker, shrill: “We’re past the point of no return.” “It’s already too late.” “The end is near.” As with Rome’s collapse, it happens fast. Clueless leaders are caught off-guard, like Greenspan, Bernanke and Paulson a couple years ago.

Call it “WWIII—the Population Wars.” A few years ago Fortune analyzed a classified Pentagon report predicting that “climate could change radically and fast. That would be the mother of all national security issues” Population unrest would then create “massive droughts, turning farmland into dust bowls and forests to ashes.” And “by 2020 there is little doubt that something drastic is happening … an old pattern could emerge; warfare defining human life.” War will be the end-game: For capitalism, civilization, earth?

Diamond’s 12-part equation is very simple, fits perfectly with a global warfare scenario: “More people require more food, space, water, energy, and other resources … There is a long built-in momentum to human population growth called the ‘demographic bulge’ with a disproportionate number of children and young reproductive-age people.” And if the “bulge” stops for any reason, game over. Economic “growth” ends, killing capitalism.

So look closely: Diamond’s equation has 12 time-bombs. But note, the first two are the biggest triggers in the formula. The other 10 are derivative variables driving what we call the “WWIII-Population Wars” equation. We’ve expanded on Diamond’s source data.

One.  “WWIII-Population Wars:” the “Over-Population Multiplier”

According to TimesOnline: A few months before the billionaires meeting Gates noted: “Official [UN] projections say the world’s population will peak at 9.3 billion [up from 6.6 billion today] but with charitable initiatives, such as better reproductive healthcare, we think we can cap that at 8.3 billion.” Still, that’s 23% more than today’s 6.6 billion.

Can it be stopped? In a recent special issue of Scientific American, population was called “the most overlooked and essential strategy for achieving long-term balance with the environment.” Why? Population’s the new “third-rail” for politicians. So they ignore it. Yet, if all nations consumed resources at the same rate as America, we’d need six Earths to survive. Unfortunately that scenario is unstoppable. Because by 2050, while America’s population grows from 300 million to a mere 400 million, the rest of the world will explode from 6.3 billion to 8.9 billion, with over 1.4 billion each in China and India.

Two. “WWIII-Population Wars” equation: “Population Impact Multiplier” (More)

CIA Agents “Moonlighting” for Wall Street, Teaching Hedge Funds New “Deception” Secrets to Manipulate Investors. Is CIA Taking Eyes Off National Security?
by Paul B Farrell, JD, PhD
| Discuss | Print | 5/7/2010

This beats a Tom Clancy spy thriller, you can’t make up spooky stuff like this: America’s “in the midst of two wars and the fight against Al Qaeda” and our “CIA is offering operatives a chance to peddle their expertise to private companies on the side — a policy that gives financial firms and hedge funds access to the nation’s top-level intelligence talent,” writes Eamon Javers in a must-read special report in Politico, CIA moonlights in corporate world. Doesn’t the CIA have enough to do in protecting America? Do they really have lots of extra time on their hands? If derivatives are the “weapons of financial mass destruction,” as Warren Buffett calls them, this policy is as dumb and as dangerous as selling nuclear weapons to terrorists. Why the hell is CIA endangering America’s security?

But even worse for investors, Javers says the CIA is “in one case, these active-duty officers moonlighted at a hedge-fund consulting firm that wanted to tap their expertise in ‘deception detection,’ the highly specialized art of telling when executives may be lying based on clues in a conversation.” Yes, and how to deceive and manipulate Main Street America’s 95 million investors.

The Politico piece comes from Javers’ new book, ‘Broker, Trader, Lawyer, Spy: The Secret World of Corporate Espionage.’  Javers says this “never-before-revealed policy comes to light as the CIA and other intelligence agencies are once again under fire for failing to connect the ‘dots,’ this time in the Christmas Day bombing plot on Northwest Flight 253 … Sources familiar with the CIA’s moonlighting policy defend it as a vital tool to prevent brain-drain at Langley, which has seen an exodus of highly trained, badly needed intelligence officers to the private sector, where they can easily double or even triple their government salaries.

The policy gives agents a chance to earn more while still staying on the government payroll. A government official familiar with the policy insists it doesn’t impede the CIA’s work on critical national security investigations. This official said CIA officers who want to participate in it must first submit a detailed explanation of the type of work involved and get permission from higher-ups within the agency.” Once again, money and individual greed win out.

Warning: Under the cover of secrecy, the lure of huge salaries, and likely a few discrete campaign donations, we ‘re seeing one more sneaky trick hedge funds, Wall Street and the “Happy Conspiracy” octopus are using to take control of America’s government.

Pentagon “Psy-Ops” War Strategies: Wall Street’s Secret Weapon!
by Paul B Farrell, JD, PhD
| Discuss | Print | 4/27/2010

The Doctrine of Joint Psychological Operations

Joint Chiefs of Staff, U.S. Department of Defense

“The purpose of psychological operations (PSYOP) is to induce or reinforce foreign attitudes and behavior favorable to the originator’s objectives. Psychological operations (PSYOP) are planned operations to convey selected information and indicators to foreign audiences to influence the emotions, motives, objective reasoning, and ultimately the behavior of foreign governments, organizations, groups, and individuals. PSYOP are a vital part of the broad range of US diplomatic, informational, military, and economic activities. PSYOP characteristically are delivered as information for effect, used during peacetime and conflict, to inform and influence. When properly employed, PSYOP can save lives of friendly and/or adversary forces by reducing adversaries’ will to fight. By lowering adversary morale and reducing their efficiency, PSYOP can also discourage aggressive actions and create dissidence and disaffection within their ranks, ultimately inducing surrender.” (More)

“War on Drugs” Doomed? Yes, We’re a “Nation of Addicts,” Addicted to Drugs (& War!) America’s Insatiable Demand is the Problem, Not Mexican Suppliers.
by Paul B Farrell, JD, PhD
| Discuss | Print | 4/20/2010

Want to know the real reason ”The War on Drugs Is Doomed,” as Mary Anastasia O’Grady says in a Journal column? She’s on the right track: “The first step in dealing with a problem is acknowledging that you have one … Some 7,000 troops now patrol Juárez, a city of roughly one million … Juárez is today a killing field … Yet even militarization has not delivered the peace. The reason is simple enough: The source of the problem is not Mexican suppliers. It is American demand coupled with prohibition.”

Actually, the real problem’s much deeper … deep in our culture, psyche and brains: America is a warring nation. Yes, we love war, any kind. War defines who we are. War makes us feel powerful. Wars solve our ideological problems. War makes special interests very rich. War keeps our self-perpetuating Pentagon war machine eating up about 40% of our national budget.  The same ideology and DNA that drove us into an unnecessary war in Iraq, the “worst foreign policy blunder in American history,” led us into creating a “War on Drugs.” But a war strategy is not working, just the opposite, it’s fueling and accelerating the problem. As O’Grady aptly puts it: “Violence along the border has skyrocketed ever since Mexican President Felipe Calderón decided to confront the illegal drug cartels that operate there.”

Last year my column, “Drug wars: Big Pharma, Afghan, Mexican cartels” got a huge positive response from American police officers who agreed: “The truth is, there is no ‘War on Drugs’ to win, nor to lose, just millions of addicts who need help.” We are a “Nation of Addicts,” and a costly “War on Drugs” down in Mexico won’t solve our addiction problem up here in America, we are wasting enormous taxpayer dollars. In short, until we grow up and drop the macho “War on Drugs” mindset, violence will accelerate, expanding here in America, as we fail to lessen demand. Here’s my analysis from MarketWatch: (More)