Tag Archives: United States

Porkins on Sputnik: China Defends 10% Military Budget Increase as ‘Proportionate and Low’

The Chinese government recently announced a near 10% increase in their military budget for 2018. Chinese state media have defended the decision, saying it is part of a modernization program, calling the increase “proportionate and low.”

The increase is the biggest jump in Chinese military spending in recent years. In 2014, the total was $132 billion, which grew to $145 billion in 2015, $147 billion in 2016 and will reach $175 billion next year. Zhang Yesui, a spokesperson for the first annual session of the 13th NPC, explained that the extra money is not to increase China’s overall military capacity, but to update and modernize their armed forces:

“A large part of the growth of the defense budget is to make up for the low military spending in the past and is mainly used to upgrade equipment and improve the welfare of servicemen and women and the living and training conditions of grassroots troops.”

Sputnik spoke to political analyst Pearse Redmond about the geopolitical struggles that are the underlying reasons for China’s consistently growing military expenditure:

“As China becomes more and more integrated in the global economy it understands that maintaining economic superiority requires more security. In Africa, where China has poured vast sums of money into various projects, they have also been quietly building small military bases and developing relationships with various African military and security forces. For example, in Djibouti, once the exclusive military domain of the US, China now operates a naval base adjacent to the Port of Doraleh, which is west of Djibouti City.”

Full article…

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The Ochelli Effect: Gilded Age of the War on Terror

The Prophets of death and destruction (AKA The Military Industrial Complex AKA The War State) are part of the American economy. Wall Street is in the “News” but the War Of Terror isn’t? Which thing is at the heart of Money matters? How do we put these issues in context? Which industry lets us read the bones, Or Tea Leaves? Prognostication on a Tuesday… along with a few history lessons. Mike Swanson The author of The War State and man behind WallStreetWindow.com takes us further into the Gilded age and moves beyond Jekyll island conspiracy. Gilded Age Financiers Ideas in 2018 involve many devices and methods of placing bets on the future , futures , and future earnings. Plus the nature of a point spread. Michael Swanson does his best to inform Chuck and you about all this and much more. Pearse Redmond From Porkins Policy Radio drops in for the second hour and does his best to tell us where ISIS has gone , and put many Rebels in context as regards the big bad wolf that is in mortal combat with the alleged American way of life we talked about in the first hour under the banner of The War on Terror? A great deal of physical and spiritual capital spent , but is it all an illusion? Listen and find out. PLUS we squeezed a repeat play of Uncle’s Superbowl Report in.

Download episode

Show Notes:

1st Hour
Jim Cramer Talks About Explosion in VIX ETF’s

Asian markets plunge after record Wall Street losses

My Take On The Real Reason The Stock Market Dropped

Dow jumps 567 points the day after its biggest point drop on record

2nd Hour
Syrian rebels down Russian plane, kill pilot

Syrian jihadist group downs Russian Su-25 jet

Al Qaeda and allies announce ‘new entity’ in Syria

Syria – Is The Turkish Attack On Afrin Intended To Split The U.S.-Kurdish Alliance?

25 ISIS militants killed in the latest airstrikes in Nangarhar

US military blocks release of key Afghan force development data

Porkins on Beard World Order ep. 4 World War 3

I recently had the great pleasure of joining Guillermo Jimenez  and James Corbett on their podcast series Beard World Order to discuss the notion of World War 3.

From Traces of Reality:

Welcome to The Beard World Order: In this episode of the BWO, Beardlitarians Guillermo Jimenez, James Corbett, and Pearse Redmond consider the possibility of World War III. Could it happen? What would it look like? Has it already begun?

As military tensions mount around the globe, and the “New Cold War” begins to heat up, is there an endgame in sight? How do NATO, Russia, China, and other BRICS nations fit into the picture? What is Russia really up to in Latin America? Given the historical and economic implications of WWI and WWII, who stands to gain from an all-out global confrontation — and in what way?

And, of course, the most important question of all, just what the hell can we do about it?

Serious stuff. NO LAUGHING MATTER. But we find a way to do it anyway.

Enjoy.

Download BWO episode 4

Contact Guillermo, James, and Pearse with questions, comments, and suggestions for future topics to be discussed on the show.

For show notes please visit Traces of Reailty

 

 

 

 

James Traub is an imperialist

There was a time in my life when I used to read Foreign Policy and think that it was really cutting edge and unbiased, alas this is no longer the case.  Eventually I woke up to the fact that Foreign Policy is the mouth piece of the warmongering bipartisan foreign policy establishment in Washington.  James Traub is an excellent example of the kind of fools that Foreign Policy employs.  He is a fellow at the Center on International Cooperation which is like all the other establishment Beltway think tanks.  In his weekly column, Terms of Engagement, he attempts to show how it is now time for President Obama to really get involved in Syria.  Traub hardly hides his imperialist reasons for why Obama should start massively arming the rebels

The rebels have been forced again and again to break off battles they might otherwise win for lack of ammunition and firepower. With anti-aircraft capability, the rebels could create a safe haven on their own. With anti-tank missiles, they night quickly turn the tide in other disputed areas.

The United States has a profound interest not only in bringing the slaughter in Syria to an end, but in having a meaningful presence on the ground when that happens — as it did in Libya thanks to the NATO air campaign. It will not be easy, under any circumstances, to prevent Syria from collapsing into religious and ethnic enclaves, or into a war of all against all. But if Washington remains on the sidelines, as it has until now, it will have little influence with those who will ultimately prevail, and thus little ability to help shape the post-Assad landscape.

Obama might decide to postpone the decision until after the election, but that would be an act of consummate cynicism. He should act now, before it’s too late.

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