The Russian Hacking Meme: Trump & A Coming Showdown With The CIA?

Source: GizaDeathStar.com
Dr. Joseph P. Farrell PhD
January 7, 2017

In the last two News and Views from the Nefarium I’ve been concentrating not only on the geopolitical realignments that the coming year(s) portend, but also on the international and domestic realignments that are concomitant with them, including what I have been calling “international mafia wars,” as the neo-con globalist-Atlanticist factions within various great powers attempt to hold on to power and chorale and channel their unanticipated opposition into policies acceptable to them. In that  vein, consider the following stories shared by various readers here:

Trump on Alleged Russian Hacking: I know things others don’t

As this RT article citing Sean Spicer points out, the Russian hacking meme has been getting all the attention – no doubt in part in an attempt to de-legitimize the election results – while Chinese hacking has been downplayed, if it is mentioned at all:

Political retribution? Trump press sec questions Russia sanctions, brings up unanswered ‘China hack’

And finally, these articles from our friends at  The Daily Bell about a possible looming battle between the incoming Trump administration and the CIA:

Supposed Russian Hack Further Illustrates the Divide Between CIA and Trump

http://www.thedailybell.com/news-analysis/supposed-russian-hack-further-illustrates-the-divide-between-cia-and-trump/embed/#?secret=5OOGExhWeM

A similar story is being reported by Zero Hedge:

Trump Is Working On A Plan To Restructure, Pare Back The CIA And America’s Top Spy Agency

And finally, this find, by one alert reader of this website:

US Govt Data Shows Russia Used Outdated Ukrainian PHP Malware

https://www.wordfence.com/blog/2016/12/russia-malware-ip-hack/embed/#?secret=irF84cJ0qg

Note the conclusion of the last article:

The IP addresses that DHS provided may have been used for an attack by a state actor like Russia. But they don’t appear to provide any association with Russia. They are probably used by a wide range of other malicious actors, especially the 15% of IP addresses that are Tor exit nodes.

The malware sample is old, widely used and appears to be Ukrainian. It has no apparent relationship with Russian intelligence and it would be an indicator of compromise for any website.

The relationship of the malware sample, originating from the Ukraine, raises unpleasant but necessary questions: since it it widely known that the USA was a main sponsor of the events in the Ukraine that overthrew a legitimate (if corrupt) government with a new (and even more corrupt) government. That question is rather obvious: could the entire hacking meme have been an attempt at a “cyber false flag” originating in the West to embarrass Russia? Possibly, but here our criticism of the hacking meme and a Russian origin for the hacking, works in reverse: if the Russians were unlikely to have used such a clumsy method, perhaps the West would be to. And as the conclusions point out, the mere use of addresses in Russia does not, as any hacker knows, mean that Russia is the one using them. In effect, it proves nothing.  And we must hold out the possibility of non-state actors, and such a possibility would fit well with my “emergent international Mafia wars” hypothesis, as factions of Globaloneyists and the fascist sympathizers in various nations’ deep states close ranks.

In my high octane speculation of the day, it appears that what is looming here is a showdown between Mr. Trump and his deep state supporters, and the neo-con factions within the American intelligence community, represented by the CIA (which, let it be noted, is not a monolithic anti-Trump agency either, if one takes the pre-election revelations of Dr. Steve Pieczenik at face value). The Daily Bell suggests this looking showdown:

It seems obvious at this point that the CIA and Trump have entirely different positions when it comes to Russian maliciousness, which Trump downplays while the CIA works to advertise it.

But the issue is even more serious than that.

The larger issue is one we’ve been talking about for 15 years or more. The CIA is accountable to overseas banking interests in the City of London, not to American intelligence operations. The latter accountability is just a smokescreen.

The split has now become public knowledge and Trump is being directly threatened as a result.

Such statements strongly imply a showdown is looming, and give even more credence to those stories that Mr. Trump has retained his private security for protection, and of course, they give credence to those rumors that perhaps even Russian speznaz units are running security interference for Mr. Trump without his knowledge or involvement. If so, then this means that Mr. Trump is very aware of the power blocs aligned domestically against him, and give strong support to those rumors that he, like Mr. Kennedy, may be planning to reign in the agency. Unlike Mr. Kennedy, it appears that Mr. Trump is not so naive to believe he can do so without his own private and trusted security.

Time of course, will tell, and this is definitely a case of “you tell me.”

See you on the flip side.

Read More At: GizaDeathStar.com
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About Joseph P. Farrell

Joseph P. Farrell has a doctorate in patristics from the University of Oxford, and pursues research in physics, alternative history and science, and “strange stuff”. His book The Giza DeathStar, for which the Giza Community is named, was published in the spring of 2002, and was his first venture into “alternative history and science”.

Why Most of the U.S. Deep State Dumped Hillary: A Saker Interview with the Solari Report’s Catherine Austin Fitts

Source: Roguemoney.net
November 4, 2016

Der Spiegel and the Useless Obso-elites of the Fading Atlanticist Order

It isn’t of course, the end of the world as the cover of Germany’s Time magazine Der Spiegel proclaimed this week, with an image of the dinosaur killing Trump-asteroid burning into the Earth’s atmosphere (once again showing that the dying mainstream media’s editors remain in denial that they’re the dinosaurs and the new media are the furry creatures at their feet who will survive the great extinction event). Just the great culling of what the late Harvard political science professor Samuel P. Huntington, who foresaw the reemergence of nationalism before his death in 2008, dubbed ‘Davos Men’. That is, the Trumpening is indeed signaling the irrelevance and hence uselessness to their bankster hosts of obso-elites like the Swedish political hack Carl Bildt, who are more famous for being famous in pseudo-intellectual and Euro-bureaucratic circles than any actual accomplishments.

Trump’s victory in the teeth of Establishment hatred also signals the great failure of Atlanticists like Bild to inculcate their fear and hatred of ‘Putin’s Russia’ to the American voters of the Midwest,  or for that matter the Brexit-eers of the British ‘Rust Belt’ last June. As the French diplomat Talleyrand said of the Bourbons the dynasty overthrown and then briefly restored after the French Revolution depicted in the Trump-anthem inspiring musical Les Miserables, these pathetic globalists learned nothing and forgot everything from their efforts to ‘link’ the Brexit vote to Putin and thereby turn the ex-KGB officer into an omnivorous super villain backfiring on them.

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“Speaking after Mr Trump won a shock victory over Hillary Clinton on Tuesday, Kremlin advisor Sergei Glazyev said the Democrat politician was a “symbol of war” and under Mr Trump the US had “a chance to change course”.

He told Russian news wire RNS: “Americans had two choices: World War Three or multilateral peace.

“Clinton was a symbol of war, and Trump has a chance to change this course”.

http://www.independent.co.uk/news/world/americas/us-elections/world-war-three-donald-trump-president-averted-putin-aide-claims-a7412111.html

The Coming Post-Atlanticist European Awakening That’s Becoming Unstoppable

Nonetheless, Putin’s economic adviser Sergey Glazyev — who is well known to the LaRouche movement if not personally to RogueMoney guest Harley Schlanger — observed correctly that Trump’s shock the world win may’ve also saved the planet from nuclear war. Not only did a significant portion of the American and British Deep State (quite possibly including the Royal family with their tacit support for Brexit) choose to step back from the brink of direct military confrontation with nuclear-armed Moscow via the FBI leaks and Wikileaks. But the accelerated unraveling of the State Department and European Union’s ability to bribe or bully politicians into line promises a springtime of the nations — see our upcoming article on the National International and Angela Merkel and her defense minister’s frosty reaction to not only Trump’s victory, but the establishment of the anti-immivasion and Alternativ fur Deutschland (AfD) platform of Breitbart Germany. Which is already critical of the German Deep State’s plans for a European Union (EU) Army centered on the Franco-German-Dutch rump that will be left of the bloc after the unraveling continues with Italy’s referendum this December:

“Russia believes that the European Army with Germany as its leader will be instrumental in preventing any kind of “fire” coming from the US, Five Eyes and Israel.

Europe doesn’t want a war in Europe. The Empire does, because they are not in Europe. The devastation of Europe in a war would solve ALL their problems.

The European Army as designed by Germany, France and Russia will be instrumental in squeezing NATO out of Europe and liberating Germany from American occupation…

Right now, NATO knows what’s coming and they are increasing their presence in Europe, to make their exit more expensive for Europe and Russia.
The US was given an ultimatum and they are bargaining right now to get more for their withdrawal from Europe.

As soon as NATO is out of Europe, Germany will get all those peace agreements and political freedoms that the US refused to give.

http://thesaker.is/waiting-for-yalta-2-or-what-the-kerry-lavrov-pact-brings-to-the-table-by-scott/

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The ‘White Hats’ Who Worked Behind the Scenes to Take Down the Clinton Crime Family

All the same, before the Washington Establishment seeks to undermine a Trump Administration via co-optation where it failed miserably through demonization, it’s worth looking back on why and how the unsinkable SS Hillary sank beneath the waves like the Titanic. The most recent interview between my friend the Florida-based Swiss/White Russian emigre known as The Saker, and Catherine Austin Fitts of the Solari Report is a great place to start for in-depth analysis of how the global(ist) mainstream media shocking event of a Trump presidency came to be. It’s certainly a reminder much like the warnings of W the Intelligence Insider and Deb @BanksterSlayer Caruthers that The Donald could not have come this far without the help of at least some portion of the American ‘Deep State’. And not just the Federal Bureau of Investigation conservative white male ‘cabal’ that Hillary loyalist Sidney Blumenthal and other Clinton confidantes say HRC blames for her loss, together with the two-faced and soon to be ousted FBI director James Comey.

Standing behind Trump were also hidden ‘white hats’ at the Defense Intelligence Agency (DIA) still loyal to their former boss retired Lt. Gen. turned Trump adviser Mike T. Flynn, who had been forced out by Obama for opposing the Administration’s Saudi, Qatar and Turkey-firster policy of arming ‘moderate’ jihadists who were simply turning CIA-provided weapons over to Al-Nusra and ISIS. The widely reported in new media ‘Salafist principality’ DIA memo from 2012 predicting a takfiri caliphate in eastern Syria precisely where ISIS set up shop under their black flag a year later was likely declassified by Flynn allies before being released to Judicial Watch.

Hillary’s Crimes Were Much Bigger Than Grossly Mishandling Classified Emails:
HRC Was Treasonously Selling U.S. Secrets and Policy to ISIS-Sponsoring Mideast ‘Allies’ 

Also joining the shadow war of leaks and counterleaks to unseat the Clintons and their Gulf Cooperation Council (GCC) firster allies in Langley like Director John (purported Saudi royal family friend and Sunni Muslim convert while Riyadh station chief) Brennan and ex-Deputy Director Mike Morrell were National Security Agency (NSA) vigilantes. Despite the denials of ex-NSA counterintelligence officer turned disgraced former US Naval War College professor John R. Schindler, these individuals likely saved Hillary’s emails from deletion off her ‘private’ bathroom server, once it became clear to these watchers that the Russians, Chinese, Israelis and quite possibly the French as well as several non-state actor hackers like Guccifer 2.0 had them with all the potential for Kremlin and other foreign state blackmail of HRC they entailed.

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What the Russians Did — and Did Not Do — Related to the U.S. Elections

Anyone who still believes the simplistic story that ‘the Russians’ were solely responsible for Wikileaks information, and especially the physical protection of Julian Assange and his allies from being Arkancide-d, or that the John Podesta emails with their suspected euphemisms for pedophilia came entirely from the kompromat seeking efforts of the FSB/GRU’s ‘cozy and fancy’ bear hackers knows little about the real 4 dimensional chess game. Former Tom Clancy co-author/ghostwriter Dr. Steve Pieczenik, a frequent guest on the Alex Jones’ Infowars program, let slip the ‘coup and counter-coup’ that was going on behind the scenes in a video viewed hundreds of thousands of times just a few days before the election.

Finally, the Russians did indeed as Putin’s spokesman Dmitry Peskov hinted play some part by emphasizing Wikileaks in their state-funded media. But the larger message sent to the American Deep State to deep six Hillary or run the risk of nuclear war involved a major show of force in Syria, as well as broader conventional and ‘civil defense’ nuclear war simulations sufficient to convince key decision makers in Whitehall and the Pentagon that Moscow was not bluffing.

Armageddon Averted While Most Americans and Europeans Had No Clue

While the U.S. did have the capability to overwhelm Russian air defenses in Syria, the price of such confrontation in terms of shot down aircraft and US Navy ships sunk with all hands in the Med would not have been worth the horrific price to American and allied military prestige. The myths of invisible F-22s/B-2s and American air supremacy painstakingly built up in the generation since the Reagan defense build up that ‘won’ the first Cold War would’ve never recovered from the blows a small but powerful Russian contingent was capable of inflicting, including via Kalibr and air-launched cruise missile counterstrikes from the Black and Caspian Seas.

Furthermore, unlike the clueless idiots in the U.S. Senate and neocon-dominated mainstream media, the generals and colonels at least understood that American/NATO forces in Ukraine were hostage to good behavior towards Russian servicemen in Syria. Meaning had the U.S. gone all out where it had a numerical advantage in Syria, Moscow made it clear the war would not have remained confined to Syria or even the greater Mideast, but would’ve spilled over into Eastern Europe. Meaning NATO’s own disavowed official observers or foreign legionnaire ‘vacationers’ in the Donbass would have been overrun or captured alongside their Ukrainian Army hosts within 100 hours of Putin giving the order. US units as far afield as Moldova or in former Soviet Central Asia supporting operations in Afghanistan would’ve also been vulnerable to winding up marooned via cut off logistics or under cruise missile and aerial bombardment.

For all of these reasons, when we heard the news that Donald J. Trump had won or was about to win Iowa, Michigan, Wisconsin and Pennsylvania and had defeated Hillary, the Russia Analyst got down on his knees and gave thanks to God with a tear in his eye that a global conflagration had been averted. Whether you believe the ‘Deep State’ and some portion of the globalists wanted Mr. Trump to win or not, there is still such a thing as Divine Providence in this world. And God Almighty decided to give America a reprieve from judgement by fire and sword — what Americans do with it now is up to us.

//www.youtube.com/embed/qh8Majvs0KU?spfreload=5&wmode=opaque&enablejsapi=1″,”url”:”https://www.youtube.com/watch?v=qh8Majvs0KU&spfreload=5″,”thumbnailUrl”:”https://i.ytimg.com/vi/qh8Majvs0KU/hqdefault.jpg”,”resolvedBy”:”youtube”}” data-block-type=”32″>

This amazing video from the Tyranny Unmasked channel draws on Andre Raevsky aka The Saker’s analysis of how a Trump presidency could be as transformative of the USA as Putin’s presidency and prime minister-ship have been of post-Soviet Russia:

http://thesaker.is/the-emerging-multipolar-world-with-saker-russia-syria-recommendations-for-a-trump-presidency/

Below is the key excerpt from Catherine Austin Fitts’ interview recorded with the Saker over a week before the election, which presciently predicts the U.S. Deep State is going to cut its losses:

“Saker: Yes, but I would slightly rephrase it. One very interesting [exiled Ukrainian] analyst in Russia, called
[Rotislav] Ishchenko, has offered a theory, which I think I endorse. It’s that there is a huge fight
happening inside the United States right now between two factions. One faction wants to
sacrifice the US for the sake of the empire, and the second faction wants to sacrifice the
empire for the sake of the United States.

C. Austin Fitts: Right.

Saker: The first faction who wants to sacrifice the US for the sake of the empire –the
neocons and everything that surrounds them – and the second faction, according to
[Rotislav] Ishchenko, and I’m not saying that for a fact is true, but he thinks – and I find that theory at
least plausible – is that that is the power base of Trump.

If that’s what is happening, we probably see that struggle already taking place in Syria
because the US has basically two options there: Either withdraw and let go, or double down.

C. Austin Fitts: Right.

Saker: That’s the risk. Do you double down at any cost, or do you realize, “This is not
viable; I need to get a negotiated settlement.” I think that is what is taking place there.

C. Austin Fitts: Are you saying that the neocons are the faction behind Trump?

Saker: No, the opposite. I’m saying that the neocons are the faction that wants to sacrifice
the US for the sake of the empire and wants the empire at all costs, whereas the Trump
people in that hypothesis, would be those who say, “Forget the empire; let’s save the United
States.”

C. Austin Fitts: Right.

Saker: And these are the people who would favor a negotiated solution pretty much
everywhere. They realize that they cannot hold onto the empire, so the smartest thing to do
when you come to that realization is, what you call in Russia, ‘bringing down while stepping
on the brakes’ which is a controlled deconstruction of the empire – be it the Ukraine, Syria, or the economy or China, etc.

Negotiate and find some kind of way to make a compromise. That would be the way to save
the United States. The neocon solutions are crazy, which is double down everywhere, and if
nothing works, use as much force as needed.

https://solari.com/00archive/web/solarireports/2016/sr20160929_1.pdf

The Saker podcast from late October 2016:

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Putin: Nyet To Neo-Liberals, Da To National Development

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Source: Journal-Neo.og
F. William Engdahl
August 2, 2016

After more than two years of worsening economic growth and an economy struggling with 10.5% central bank interest rates that make new credit to spur growth virtually impossible, Russian President Vladimir Putin has finally broken an internal factional standoff. On July 25 he mandated that an economic group called the Stolypin Club prepare their proposals to spur growth revival to be presented to the government by the Fourth Quarter of this year. In doing so, Putin has rejected two influential liberal or neo-liberal economic factions that had brought Russia into a politically and economically dangerous recession with their liberal Western free market ideology. This is a major development, one I had been expecting since I had the possibility to exchange views this June in St. Petersburg at the annual St. Petersburg International Economic Forum.

With very little fanfare, Russian press a few days ago carried a note that could have a most profound positive significance for the future of the Russian domestic economy. The online Russian blog, Katheon, carried the following short notice: “Russian President Vladimir Putin instructed (the Stolypin economist group–w.e.) to finalize the report of the Stolypin Club and on its basis to prepare a new program of economic development, alternative to Kudrin’s economic plan. The program itself should be given to the Bureau of Economic Council in the IV quarter of 2016.”

In their comment, Katheon notes the major significance of the decision to drop the clearly destructive neo-liberal or free market approach of former Finance Minister Alexei Kudrin: “The Stolypin club report advises to increase the investment, pumping up the economy with money from the state budget and by the issue of the Bank of Russia. In turn, the concept of the Center for Strategic Research (Alexei Kudrin) suggested that investments should be private and the state is to ensure macroeconomic stability, low inflation, reduced budget deficit.”

Kudrin failed

In the current situation of severe Western economic and financial sanctions against Russia the flows of such private investment into the economy as the Kudrin camp advocates are rare, to put it gently. Cutting what is a very minimal budget deficit only increases unemployment and worsens the situation. President Putin has clearly realized that that neo-liberal “experiment” has failed. More likely, is that he was forced to let economic reality unfold under the domination of the liberals to the point it was clear to all internal factions that another road was urgently needed. Russia, like every country, has opposing vested interests and now clearly the neo-liberal bested interests are sufficiently discredited by the poor performance of the Kudrin group that the President is able to move decisively. In either case, the development around the Stolypin Group is very positive for Russia.

In convening the new meeting of the Economic Council Presidium on May 25, after a hiatus of two years, President Putin, noting that the group deliberately consisted of opposing views, at that time stated, “I propose today that we start with the growth sources for Russia’s economy over the next decade…The current dynamic shows us that the reserves and resources that served as driving forces for our economy at the start of the 2000’s no longer produce the effects they used to. I have said in the past, and want to stress this point again now, economic growth does not get underway again all on its own. If we do not find new growth sources, we will see GDP growth of around zero, and then our possibilities in the social sector, national defense and security, and in other areas, will be considerably lower than what is needed for us to really develop the country and make progress. “

Now just two months later, Putin obviously has decided. He clearly has an eye as well to Russia’s next presidential elections in March 2018. In doing so he has selected the one group of the three on the Economic Council that believes that the state has a positive role to play in development of the national economy.

The Stolypin group in many ways harkens back to the genius behind the German “economic miracle” after 1871, whose ideas created the most impressive economic growth from backwardness in all Europe within just over three decades. The only other countries to come near to that German economic achievement were the United States after 1865, and the Peoples’ Republic of China after 1979, with the Deng Xiaoping “Socialism with Chinese Characteristics.” The national economic development model is based on the work of the now-all-but-unknown 19th Century German national economist, Friederich List, the developer of the basic model of national economic development.

Three Camps

During the Shock Therapy years of Boris Yeltsin in the 1990’s, Harvard economists like Jeffrey Sachs, financed by meta-plunderer George Soros, advised Yeltsin. The disastrous policies of Yeltsin’s economic team, then led by Yegor Gaidar, implemented wholesale privatization of state assets at dirt-cheap prices to Western investors like Soros. They made drastic state budget reduction, cuts in living standards, elimination of old age pensions of the population. All was done in the name of “free market reform.” After that trauma, beginning with Putin’s first Presidency in 1999 Russia slowly began a painful recovery not because of the Gaidar-Harvard shock therapy, but rather despite it, a tribute to the determination of the Russian people.

As astonishing as it might seem, those free market ideologues, followers of the late Gaidar, until now have held a virtual monopoly over policies of the Economics and Finance Ministries of Russia.

They have been aided by the leader of a slightly different but equally destructive monetarist camp, Central Bank of Russia Governor Elvira Nabiullina who only seems obsessed with controlling inflation and stabilizing the Ruble.

This past May Putin gave the first sign that he was open to the idea that the ever-reassuring reports of his finance and economic ministers about how “recovery is just around the corner” (as Herbert Hoover allegedly said at onset of America’s Great Depression in 1930) were not right. The Russian President convened the Presidium of the Economic Council, a group which had not met in two years, charging them to come up with a plan to solve Russia’s economic problems. The Presidium consisted of thirty five members representing each of the three major economic camps.

Former neo-liberal Finance Minister Alexei Kudrin headed one camp backed by Finance Minister Anton Siluanov and Economic Minister Alexey Ilyukayev. This group demands the usual Western laissez-faire remedies such as drastic reduction of the role of the state in the economy via wholesale privatization of the railways, energy companies like Gazprom, and other valuable assets. Kudrin was also named by Putin to chair the newly-reorganized twenty-five-member economic strategy group in May. Many national economists feared the worst at his naming, namely a revival of Gaidar shock therapy, Mach II. That now will clearly not happen. Kudrin and his approach have been rejected as not effective.

The second group was represented by central bank head, Elvira Nabiullina. They were the most conservative, claiming that no reforms were needed and that no economic stimulus was needed either. Just hold a steady course under double-digit central bank interest rates and that will somehow kill inflation and stabilize the Ruble, as if that was the key to open the economic growth potential of Russia. It has instead been the key to slowly kill the economy and increase inflation.

Stolypin Group

The third group represented was the one most Western observers ridiculed and dismissed, with the US Pentagon-linked Stratfor referring to them as a “strange collective.” I have personally met and talked with them and they are hardly strange to anyone with a clear moral mind.

This is the group which after two months has emerged with the mandate from Vladimir Putin to lay out their plans to boost growth again in Russia.

The group is in essence followers of what the great almost-forgotten 19th Century German economist, Friedrich List, would call “national economy” strategies. List’s national economy historical-based approach was in direct counter-position to the then-dominant British Adam Smith free trade school.

List’s views were increasingly integrated into the German Reich economic strategy beginning under the Zollverein or German Customs Union in 1834, that unified one German internal domestic market. It created the basis by the 1870’s for the most colossal emergence of Germany as an economic rival exceeding Great Britain in every area by 1914.

This third group, the Stolypin group in the May, 2016 meeting, included Sergei Glazyev, and Boris Titov, co-chair of Business Russia, and Russia’s “business ombudsmen” since the creation of that post in 2012. Both Titov and Glazyev, an adviser to Putin on Ukraine and other matters, are founding members of the Stolypin Club in Russia. In 2012 Glazyev was named by Putin, then Prime Minister, to coordinate the work of federal agencies in developing the Customs Union of Belarus, Kazakhstan, and Russia, today the Eurasian Economic Union. Titov, also the Leader of Right Cause party, is a successful Russian entrepreneur who in recent years has turned to work advancing various economic policies within the state, often in vocal opposition to Kurdin’s free-market liberal ideas. Notably, Titov is also co-chairman of the Russian-Chinese Business Council.

A broad indication of the kind of proposals the Stolypin group will propose to revive substantial economic growth in Russia and deal with major basic infrastructure deficits that greatly hinder productive enterprise came in a series of proposals Glazyev made in September 2015 to the Russian Security Council, a key advisory body to the President.

There, Glazyev proposed a five-year ‘road map’ to Russia’s economic sovereignty and long-term growth. It was aimed toward building up the country’s immunity to external shocks and foreign influence, and ultimately, toward bringing Russia out of the periphery and into the core of the global economic system. Goals included raising industrial output by 30-35 percent over a five year period, creating a socially-oriented ‘knowledge economy’ via the transfer of substantial economic resources to education, health care and the social sphere, the creation of instruments aimed at increasing savings as a percent of GDP, and other initiatives, including a transition to a sovereign monetary policy.

In 1990 the first priority of Washington and the IMF was to pressure Yeltsin and the Duma to “privatize” the State Bank of Russia, under a Constitutional amendment that mandated the new Central Bank of Russia, like the Federal Reserve or European Central Bank, be a purely monetarist entity whose only mandate is to control inflation and stabilize the Ruble. In effect money creation in Russia was removed from state sovereignty and tied to the US dollar.

Glazyev’s 2015 plan also proposed to use Central Bank resources to provide targeted lending for businesses and industries by providing them with low subsidized interest rates, between 1-4 percent, made possible by quantitative easing to the tune of 20 trillion rubles over a five year period. The program also suggested that the state support private business through the creation of “reciprocal obligations” for the purchase of products and services at agreed-upon prices. As well Glazyev proposed that the Ruble build up its strength as an alternative to the de facto bankrupt dollar system by buying gold as currency backing. He proposed that the Central Bank be mandated to buy all gold production of Russian mines at a given price, in order to increase the ruble gold backing. Russia today is the world’s second largest gold producer.

Obviously Russia’s President has realized that whatever impressive advances Russia makes in the foreign policy area can be fatally undercut by a failing economy, Russia’s Achilles Heel as I noted in an earlier piece. The July 25 announcement by Putin has the potential to reverse that if done with resolution on all levels. There the President has a responsibility to clearly lay out their strategy over the coming five years—by the way a very useful time frame to judge results having nothing to do with old Soviet five-year plans, as France’s De Gaulle understood as well. By giving the population a clear vision of their future, he can tap into the remarkable Russian human resources to literally accomplish the impossible in turning the economy into a genuine prosperity based on sounder foundations than that of the monetarist laissez faire West which today is de facto bankrupt. Bravo Russia!

Read More At: Journal-Neo.org

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F. William Engdahl is strategic risk consultant and lecturer, he holds a degree in politics from Princeton University and is a best-selling author on oil and geopolitics, exclusively for the online magazine “New Eastern Outlook”