Obama’s Great Illusion

by Yvonne Ridley

I wonder how many of you have woken up to the fact that America’s latest leader is really a political Houdini … an illusionist on a presidential scale.

Infront of our very eyes he has morphed from a gentle intellectual, and strong defender of human rights into a war-mongering bully who sponsors targetted assassinations and orders pre-emptive strikes with casual ease.

It took George W. Bush years before he dared to unveil his true intentions and invade Iraq, displacing three million people in a war which cost the lives of thousands of US soldiers and the slaughter of countless civilians.

Whereas the smooth-talking Obama has achieved the same in just a few months since he arrived in The White House by launching an illegal war on Pakistan … but he’s using someone else’s army instead of his own.

He is twice as clever as the previous White House incumbent and far, far more deadly. Obama is quite possibly one of the world’s most skillful manipulators and his greatest illusion so far is fooling the public as well as the media.

While blatantly using Pakistan’s army as a cheap source of military labour he holds the country’s leader Asif Ali Zadari in suspended animation, trapped helplessly in an almost hypnotic state, induced by the promise of millions of dollars and the support of the world’s biggest military machine.
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Sadiq Khan says US foreign policy on Pakistan is damaging Britain

By Jamie Doward and Rajeev Syal
Observer.gaurdian.co.uk

Young Pakistanis ‘blame UK for drone deaths’

Sadiq Khan, MP for Tooting, on the Andrew Marr Show on February 3 2008. Photograph: Jeff Overs/BBC/PA Wire

Sadiq Khan: claims the UK must distance itself from American foreign policy. Photograph: Jeff Overs/BBC/PA Wire

The UK must distance itself from American foreign policy if Pakistani youths are to be prevented from growing up hating Britain, according to the government’s social cohesion minister.

The comments by Sadiq Khan, who has just returned from a fact-finding trip to Pakistan, follow the arrests of 12 men – 10 of whom were Pakistani nationals – in the north-west of England last week on suspicion of planning a terror attack. They are likely to be given short shrift from Number 10, which has been keen to ally itself to the Obama administration. Earlier this month Gordon Brown stressed the two allies were united in their fight against terrorism in Pakistan.

But Khan, London’s first Muslim MP, said the UK must differentiate itself from the US after attending meetings at universities in Pakistan. “I listened to the anger and pain over the challenges that young people growing up in Pakistan face, including the anger and frustration over US drone attacks,” he said.

The attacks by unmanned US drones have provoked fury in Pakistan, where scores of militants have been killed in the country’s remote border regions, along with innocent civilians.

“The anger and frustration at the drone attacks was huge,” Khan said. “The view they [the students] had was that the UK was somehow responsible for this. They haven’t understood this was purely a US matter. They lumped us together with the US, which to me is a poison. It demonstrates to me we have a big problem.”

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U.S. Injecting Billions Into Foreign Central Banks

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By Ryan Grim~Huffington Post

For more than a year, the U.S. Federal Reserve System has been increasingly acting as the world’s central bank, injecting hundreds of billions of dollars into foreign government treasuries in an effort to increase liquidity in those countries.

The foreign central banks have used the U.S. currency to bail out financial institutions within their borders. The Fed program links its balance sheet directly to the fates of foreign central banks at a time when they’re on the ropes.

The program has so far gone unreported in the mainstream media and is a major expansion of Federal Reserve involvement in the global economy. It represents a stark break from the prior role of the Fed, moving it into territory more traditionally occupied by the International Monetary Fund (IMF).

The program puts both the Fed and the foreign central banks at increased risk. If the bailed-out banks can’t repay the loans, the foreign central bank is still on the hook to the Fed. It would have to raise the money by selling debt — which most Europeans are finding difficult today — or raise taxes or cut spending, actions that further exacerbate the economic crisis. Or, the foreign central bank could default, leaving the U.S. holding a bag of foreign currency of plummeting value.

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