Sunday, May 07, 2017


News Links, May 8, 2017

A Problem Emerges: Central Banks Injected A Record $1 Trillion In 2017... It's Not Enough
Thai central bank chief welcomes proposal to reduce US dollar transactions
Thailand's central bank chief said Saturday he welcomed moves to wean Southeast Asia off its reliance on the U.S. dollar, as Japanese representatives put forward a bilateral currency swap proposal on the sidelines of the Asian Development Bank's annual summit.
Spain's Government Presses Property-Bubble Rewind Button
Taxpayer-funded subsidies to benefit banks, real estate agencies, construction companies, PE firms, and landlords.

## Airline death spiral ##
Airlines abuse passengers, and Washington weighs a crackdown — on passengers

## Fault lines/flashpoints/powder kegs/military/war drums ##
Russia: Syria safe zones to be shut for U.S., coalition planes - agencies
US Dismisses Ban on Aircraft Over Syrian Safe Zones
A day after the US gave tepid support for the establishment of Syrian safe zones to try to separate combatant forces and reduce the amount of fighting, they appear to have noticed that this might get in their way of their own attacks across the country, and are pledging to ignore the demilitarization of the zones.
US Boosts Libya Presences With Base in Country's South
Base Revealed by FOIA Documents, Was Never Announced
US Carrier Parked Off Iran Complains Iranian Surveillance a 'Nuisance'
Accuses Iran of 'Naked Aggression' in Having Naval Boats Off Their Own Coast
Decline of the US empire will further spur the trend. -- RF
America's Ready Supply of Enemies
The U.S. political process seems to rely on a steady supply of foreign "enemies" to hate, but sometimes politicians overcome hostilities and talk out differences, which remains the hope for the North Korean standoff.

## Migrants/refugees ##
Rickety boats used to smuggle migrants into Europe 'made in China'
Dimitris Avramopoulos, the EU's commissioner for migration, calls on Beijing for help in closing down supply of cheap rafts tied to thousands of deaths in Mediterranean Sea

## Energy/resources ##
Megacities: Recipe for disaster. -- RF

## Intelligence/security/internet/cyberwar ##
FBI warns of surge in wire-transfer fraud via spoofed emails

## Propaganda/censorship/fake news/alternative facts ##
The McCarthyism of Russia-gate
Civil-liberties nightmares about the Surveillance State are coming true, but – since the victims are former Donald Trump advisers – many of the usual civil-liberties defenders are strikingly silent.

## Systemic breakdown/collapse/unsustainability ##
What makes Dubai the 'City of the Future'?
State secrets being shredded under legal loophole in divisive 2014 law
Government agencies are using a legal loophole to destroy documents designated as state secrets before declassification, a government report says.
Kuroda says BOJ facing 'challenging' situation amid low inflation
The Bank of Japan is facing big challenges as inflation holds well below its 2 percent target, underscoring the importance for Japan's central bank to maintain its massive stimulus program, BOJ Governor Haruhiko Kuroda said on Saturday.

## China ##
Oklahoma Governor Signs Anti-Protest Law Imposing Huge Fines on "Conspirator" Organizations
A statute aimed at suppressing protests against oil and gas pipelines has been signed into law in Oklahoma, as a related bill advances through the state legislature. The two bills are part of a nationwide trend in anti-protest laws meant to significantly increase legal penalties for civil disobedience.
Can Bernie Sanders Be Convinced to Launch a New Political Party?
Even if he could be persuaded to do so, it would mean little to the US politically. Such a party would either be co-opted into the system, or, if it opposed the deep-state agenda, be forced into irrelevance like the other outsider parties. Further, talk about "reforming" the Democratic Party is absurd. Both arms of the War Party stand for empire, global domination, corporate rule, and, of course, more war. That's not going to change. -- RF

And finally...

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