Archive for February 12, 2010


February 12, 2010 Leave a comment

Protest in Greece

The 700 Military Bases of Afghanistan Black Sites in the Empire of Bases –

Good jobs at good wages:

Kandahar is just one of many sites currently being upgraded.  Exact figures on the number of facilities being enlarged, improved, or hardened are unavailable but, according a spokesman for ISAF, the military plans to expand several more bases to accommodate the increase of troops as part of Afghan War commander Stanley McChrystal’s surge strategy.  In addition, at least 12 more bases are slated to be built to help handle the 30,000 extra American troops and thousands of NATO forces beginning to arrive in the country.

“’Currently we have over $3 billion worth of work going on in Afghanistan,’ says Colonel Wilson, ‘and probably by the summer, when the dust settles from all the uplift, we’ll have about $1.3 billion to $1.4 billion worth of that [in the South].’  By comparison, between 2002 and 2008, the Army Corps of Engineers spent more than $4.5 billion on construction projects, most of it base-building, in Afghanistan.”

The Sick Men Of Europe: The Definitive Guide To The European Crisis – courtesy of Zero Hedge

An investor’s guide to the party at the end of the European social compact

“The Greek “adjustment”: Few market participants believe Greece will be able to carry out the fiscal adjustment it proposes.  Greece plans to make one of the largest fiscal contractions on record, around 10% of GDP over 3 years, without any clear incentives or penalties for not achieving their goals, and is a country with a history of failed fiscal consolidations in the past.  Strikes announced so far: tax officials, doctors, teachers, civil servants, etc.  Euro area policymakers have stated that Greece won’t be expelled, won’t be allowed to default, and that the IMF won’t be invited in to help (yet).  Greece is looking to borrow another EUR 50 billion in 2010, after having borrowed EUR 8 bn in January.”

U.S. Strategy Plan Calls for Insuring No Rivals Develop A One-Superpower World – New York Times, March 8 1992

While some were expecting a “peace dividend” following the collapse of the Soviet Union, then-Secretary of Defense Dick Cheney and his posse were planning for a world where the United States had no rivals:

“Our first objective is to prevent the re-emergence of a new rival, either on the territory of the former Soviet Union or elsewhere, that poses a threat on the order of that posed formerly by the Soviet Union. This is a dominant consideration underlying the new regional defense strategy and requires that we endeavor to prevent any hostile power from dominating a region whose resources would, under consolidated control, be sufficient to generate global power. These regions include Western Europe, East Asia, the territory of the former Soviet Union, and Southwest Asia.”

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