by Pam Martens and Russ Martens, Wall St On Parade:
Both Bloomberg News and the Wall Street Journal have now reported that it’s not just presidential candidate Donald Trump that is proposing a U.S. Sovereign Wealth Fund, but that President Joe Biden’s administration is also exploring the idea.
The Wall Street Journal reported as follows on the Biden plan late Sunday night:
“It isn’t clear how far the White House plan, overseen by national security adviser Jake Sullivan and his deputy Daleep Singh, is from completion, or whether Vice President Kamala Harris, the Democratic presidential candidate, supports it. A Harris spokesman didn’t respond to a request for comment.”
The advisor on Trump’s plan for a U.S. Sovereign Wealth Fund is John Paulson – a hedge fund billionaire not particularly known for putting the national security interests of America ahead of his own greed. (See our reporting yesterday for background on Paulson’s shorting of the U.S. housing market, becoming a billionaire as millions of families lost their homes to foreclosure in the worst financial crisis since the Great Depression.)
A study published last month found that billions of humans across the globe are dangerously deficient in important vitamins and minerals.
For some time I’ve been trying to warn that the current course of the West vis-a-vis its relations with Russia are on exactly the wrong course, and that the western leadership is seriously misunderstanding (1) the nature of the current situation, (2) how Russia views it, and (3) how it will respond. To to point number (1): Since the collapse of the Soviet Union, I have been among those in the West who believe that the power(-hungry) oligarchs and plutocrats in control of it have struggled to replace it with a “Most Favored Enemy” status to be conferred on some other “worthy” opponent. The trouble is, no other such “Most Favored Enemy” could be found, try as The Project for a New American Century might to find it. You may remember them.
Former spy Philip Giraldi recounts how after decades of service he began to see through the lies of the intelligence community.
