Face the Truth – Project for New American Century Inception

December 30, 2015

By Padmini Arhant

The masterminds, architects and catalysts of the Project for New American Century invented terror as the means to implement agenda.

The Project for New American Century (PNAC) is an extension of the concept – New World Order.

New World Order was formalized in the former President Ronald Reagan era. 

New World Order seeks one world government rejecting sovereign and republic status of all nations on earth.

The prototypes of New World Order were introduced through United Nations (UN) and UNSC in particular involving five members – United States, Britain, France, Russia and China – the nuclear nations with imperialistic aspirations and legacy.  The privilege is self-granted veto power to enforce economic sanctions invariably on non-western nations in addition to military interventions for economic and strategic interests.

Simultaneously the plan was further developed with the formation of European Union (EU) consisting highly paid bureaucrats in Brussels, Belgium and EU states leaderships viz. Germany, France, Italy, Spain, Scandinavian Royalty like Sweden among others and Britain’s monarchy colluded nexus group…to name a few in the influential role.

EU along with ECB and IMF imposing severe austerity to cripple economy has generated generational debtors in the respective member states in Europe witnessed in Greece, Spain, Portugal, Italy, Ireland and euro members within EU.

New World Order is premised on parallel government i.e. UN and EU controlled and run by power mongering and greed motivated forces using violence and fear induction to subjugate population worldwide.

UN and EU along with NATO as the military wing under United States military establishment engaged in provocative exercise and military drills in the Baltic, Yellow and South China Sea in addition to Middle East incursions summarize expansive operations exerting global dominance despite colossal failures thus far.

Elections serve as convenient mechanisms to legitimize illegitimate authority functioning as behind the scenes operatives with selected representatives as heads of the government to execute plan and policy against republic and sovereignty.

Furthermore, elections promote ideological platform, communalism, corruption via campaign funding from unlimited sources not barring unsavory organizations and entities far and wide, vote rigging and fraudulence with bribery to voters in cash and kind in rural and urban areas alike.

Understanding present global situation embroiled in incessant violence and bloodshed requires comprehension of the cause and effect as nothing happens without reason.

Project for New American Century (PNAC) is hegemony goal notwithstanding global syndicate comprising major powers poised as allies and adversaries in disguise to promulgate supremacy at the vast majority expense.

Accordingly, there is absolute disregard for life other than their own and little or no concern for environment considering the stance on nuclear disarmament and unabated terror manufactured and unleashed in diverse format such as gun violence in the United States, false flag events beginning with September 11, 2001 in the U.S and subsequently in world capitals to prolong ordinary citizens, the working class, marginalized and disenfranchised plight world over.

In the increasingly deceptive settings and choreographed electoral process whether the Presidential race in the United States and similarly elsewhere,

Public awareness on factual information and reality assertively challenged with inundated propaganda dominating airwaves, communication media, entertainment and educational institutions devoted to subversion and distortion.

The contemporary dilemma is could the circumstances be reversed with the elimination of counterproductive indulgence?

The answer is unequivocally possible and inevitable for anything that endangers survival and habitat existence is unsustainable and eventually succumb to disaster.

Meanwhile, humanity rising to the occasion in resistance to decadence is the viable and compulsory option towards liberty, equality and most importantly peaceful atmosphere in a nuclear and terror free zone besides economic and social opportunity.

Peace to all!

Thank you.

Padmini Arhant


The individuals behind the Project for New American Century.

The following names in the list acknowledged as authors, architects and contributors on official PNAC documents.

The entities profile provides insight to PNAC objectives and ongoing conflicts in the world.

Abramowitz, Morton – Senior Fellow at the Century Foundation.

Abrams, Elliot – National Security Council – top advisor on the Middle East. Alumnus of the Heritage Foundation.

Profile: As Assistant Secretary of State for Human Rights and Humanitarian Affairs under Reagan, was responsible for covering up war crimes committed by the U.S. backed Contras. Was charged in connection with the Iran-Contra affair, and pled to lesser charges. Was later pardoned by Bush Sr. The British media reported Elliot was behind the attempted coup against President Hugo Chavez  in Venezuela.

Allen, Richard V. – member: National Security Advisory Board and the Defense Policy Board. President of the Richard V. Allen Company (consulting firm). Senior Fellow at the Hoover Institute.

Profile:  founding chairman for the Heritage Foundation’s Asian Studies Center. Founding member of the Committee on the Present Danger. Former board member of the Center for Strategic and International Studies. Assistant to the President for National Security affairs during the Reagan administration, but forced from office over suspected financial misconduct.

Anderson, Mark A. – Identified in PNAC involvement.

Armitage, Richard – Deputy Secretary of State.

Profile:  Former board member of CACI, the private military contractor whose employees were responsible for torturing prisoners at Abu Ghraib prison in Iraq. Assistant Secretary of Defense for International Security Affairs during the Reagan Administration. Named by the government as one of the people guilty of supplying weapons in the Iran Contra Affair, but never charged.

Au, Andrew Y. – Identified in PNAC involvement).

Bang-Jensen, Nina – executive director of the Coalition for International Justice.

Bao-Lord, Bette – member of the Council on Foreign Relations (CFR director until 2003). Chairman of Freedom House. Wife of ex-ambassador to China Winston Lord, who is Co-chairman of the International Rescue Committee.

Barnett, Roger – professor at the Naval War College (a government facility).

Profile:  Vice President of the National Institute for Public Policy. Professor at Georgetown University.

Bauer, Gary – founder of the Campaign for Working Families, president of American Values.

Profile:  Past president of the Family Research Council. Under Secretary of Education in the Reagan administration.

Bennet, William J. – co-director of Empower America, co-director of Partnership for a Drug-Free America, Distinguished Fellow of the Heritage Foundation. Writer.

Profile: Secretary of Education under Reagan.

Bergner, Jeffrey – study group member of the Commission on National Security 21st Century. Member of the board of trustees for the Hudson Institute and the Asia Foundation. His lobbying company represents a number of weapons contractors, among other major corporations.

Profile:  Staff Director for the Senate Foreign Relations Committee during the Reagan administration.

Bernstein, Alvin – Identified in PNAC involvement.

Bernstein, Robert L. – Professor at the National Defense University (a government facility).

Profile:  worked at the Naval War College (government facility) and in the Defense Department.

Biddle, George – member of the Council on Foreign Relations (CFR) and Senior Vice President of the International Rescue Committee (allegedly a relief organisation).

Bolton, John R. – Under Secretary of State for Arms Control and International Security.

Profile:  Senior Vice President of the American Enterprise Institute. Assistant Secretary for International Organization Affairs for the Department of State under Bush Sr. Assistant Attorney General for the Department of Justice under Reagan.

Boot, Max – Senior Fellow of the National Security Studies. Contributing Editor for the Weekly Standard.

Profile: editor of the Wall Street Journal, writer and editor for the Christian Science Monitor.

Bork, Ellen – Deputy Director of the PNAC.

Profile:  Transatlantic Fellow of the German Marshall Fund.

Boschwitz, Rudy – Presidential appointee to the Holocaust Memorial Council. One of the top fund-raisers for Bush Jr. in 2000. Founder of Home Valu Inc. Minnesota Senator (1978-1991).

Buckley, William F. Jr. – owner of National Review magazine.

Profile: CIA agent in the Fifties. Hosted the television show Firing Line.

Bush, Jeb – Governor of Florida.

Profile: Banned convicted felons from voting in the 2000 presidential election, using an extremely inaccurate system to remove voting rights; allowed ineligible absentee ballots to be counted.

Cambone, Stephen A. – Under Secretary of Defense for Intelligence, Special Assistant to the Secretary and Director for Program Analysis and Evaluation – Department of Defense.

Profile:  Special Assistant to Donald Rumsfeld just prior to current appointments. Director in the Defense Department during the Bush Sr. administration. Past deputy director in SRS Technologies (Defense contractor).

Carlucci, Frank – Chairman Emeritus of the Carlyle Group and Nortel Networks. Member of the board of United Defense Inc. Considered a protégé of Donald Rumsfeld.

Profile:  Chairman of the Carlyle Group (1993-2000). Secretary of Defense during the Reagan administration. Deputy Director in the CIA. CIA agent. Accused of being behind the assassination of Congo Prime Minister Patrice Lumumba during the Sixties, but never charged.

 Cheney, Dick – Vice President. Member of the Council on Foreign Relations. Employee(?) of Halliburton – draws a one million dollar per year salary.

Profile: worked for Donald Rumsfeld in 1969. Presidential assistant to Gerald Ford. Secretary of Defense for Bush Sr. Halliburton CEO 1995 to 2000; gains the company 3.8 billion dollars in federal contracts and guaranteed loans.

Upon becoming Vice President, Halliburton receives billions of dollars in Iraq contracts not tendered to other companies. Behind installing Rumsfeld, Paul Wolfowitz, John Bolton, and Elliot Abrams into their current positions in government. Wife Lynne Cheney is a senior fellow with the American Enterprise Institute. Daughter Elizabeth Cheney is Deputy Assistant Secretary of State for Near East Affairs.

Clemons, Steven C. – Executive Vice President of the New America Foundation.

Cohen, Eliot A. – professor at Johns Hopkins University. Member of the Council on Foreign Relations.

Profile:  professor at the Naval War College. Previously worked for Donald Rumsfeld.

Cropsey, Seth – Director of the International Broadcasting Bureau.

Profile: Director in the Heritage Foundation. Visiting Fellow in the American Enterprise Institute. Assistant Editor of the Public Interest (1976-77). Hudson Institute researcher. Deputy Under Secretary in the Department of the Navy during the Reagan administration.

DeConcini, Dennis Webster – Chairman of the Board of Directors for the National Center for Missing & Exploited Children.

Profile:  eighteen years as Senator from Arizona. Member of the Balkan Action Committee.

Dale, Helle – Director in the Heritage Foundation.

Decter, Midge – Writer. Heritage Foundation director. Wife of Norman Podhoretz. Claims to worship Donald Rumsfeld and has written a book for Rumsfeld admirers.

Dobriansky, Paula – Under Secretary of State for Global Affairs.

Profile:  Senior Vice President (Washington office) of the Council on Foreign Relations prior to appointment. Deputy Assistant Secretary for Human Rights and Humanitarian Affairs for the Department of State in the Reagan administration.

Donnelly, Thomas – Deputy Executive Director of the PNAC.

Profile: Director of Strategic Communication and Initiatives for Lockheed Martin Corp. (weapons contractor).

Eberstadt, Nicholas – consultant for the State Department, consultant for the Bureau of the Census. Member of the American Enterprise Institute.

Edgar, Robert (Rev. Dr.) – General Secretary of the National Council of Churches of Christ. Ordained as an United Methodist. Former Congressman.

Epstein, David – employee at the Office of Secretary of Defense – Net Assessment.

Etzioni, Amitai – founder of the Communitarian Network, and editor of their magazine. Was Senior Advisor to the White House on Domestic Affairs during the Carter administration.

Fautua, David – Identified in PNAC involvement).

Feulner, Edwin J. Jr. – Heritage Foundation.

Profile:  advisor to President Reagan.

Forbes, Steve – President, CEO, and Editor-in-Chief of Forbes magazine.

Profile:  campaigned twice for the Republican nomination for president. Directed the dissemination of propaganda on Radio Free Europe and Radio Liberty during both the Reagan and Bush Sr. administrations.

Fradkin, Hillel – member of the Advisory Committee on International Education – Department of Education. Part of Benador Associates, a publicity firm handling clients such as PNAC members R. Perle, J. Woolsey, F. Gaffney, C. Krauthammer, and M. Boot.

Profile: Fellow in the American Enterprise Institute prior to government appointment.

Friedberg, Aaron – Vice President’s Deputy National Security Advisor.

Profile: Fellow of the Council on Foreign Relations. Consultant for the CIA.

Fukuyama, Francis – President’s Council on Bioethics. Member of the Council on Foreign Relations.

Gaffney, Frank – President and CEO of the Center for Security Policy, Washington Times columnist, brother of Devon Gaffney-Cross.

Profile: worked for Richard Perle during the Reagan administration.

Gaffney-Cross, Devon – member of the Defense Policy Board (Pentagon). Member of the Board of Directors of the Center for Strategic and Budgetary Assessments. Sister of Frank Gaffney.

Gejdenson, Sam – owns Sam Gejdenson International. Congressman (D) 1981 – 2000.

Gerecht, Reuel Marc – Senior Fellow of the PNAC, Resident Fellow of the American Enterprise Institute.

Profile:  former CIA agent (1985 – 1994). CBS News consultant on Afghanistan.

Goldman, Merle – Adjunct Professor for the Foreign Service Institute of the State Department.

Goure, Daniel – consultant for the Department of State, the Department of Defense, and the Department of Energy. Vice President of the Lexington Institute. Was a Study Team Leader for the Institute of Peace (1990-91).

Halperin, Morton H. – director for the Council on Foreign Relations and for the Open Society Institute.

Hefferman, John – Identified in PNAC involvement).

Hooper, James R. – Executive Director of the Balkan Action Council.

Ikle, Fred C. – Distinguished Scholar for the Center for Strategic and International Studies. Member of the Council on Foreign Relations.

Profile:  Under Secretary of Defense for Policy in the Reagan administration.

Jackson, Bruce – President of the Project on Transitional Democracies. President of the Committee on NATO.

Member: Council on Foreign Relations, International Institute for Strategic Studies, Board of Advisors for the Center for Security Policy.

Profile: Director of Strategic Planning for Lockheed Martin Corp. (weapons contractor). Worked for Richard Perle, Paul Wolfowitz, and Dick Cheney during the eighties.

Joyce, Michael S. – founder of Americans for Community and Faith-Centered Enterprise, an organisation created to help push through Bush Jr.’s “Faith-Based Initiative”. Member of the Research Council of America. Was part of the Presidential Transition Team for Reagan.

Kagan, Donald – Hillhouse Professor of History and Classics at Yale University. Writer. Father of Frederick and Robert Kagan.

Kagan, Frederick – Professor of military history at West Point.

Profile:  co-wrote, with his father Donald and other PNAC contributors, “While America Sleeps”.

Kagan, Robert – co-founder of the PNAC. Contributing Editor for the Weekly Standard and the New Republic; columnist for the Washington Post. Member of the Council on Foreign Relations. Husband of Victoria Nuland, Deputy National Security Advisor to the Vice President.

Profile:  Deputy in the Department of State under Elliot Abrams during the Reagan administration.

Kampelman, Max M. – Lawyer. Member of the Board of Trustees for Freedom House. Member of the Board of Advisors for the Jewish Institute for National Security Affairs.

Karatnycky, Adrian – member of the Council on Foreign Relations, and Freedom House.

Profile:  worked for the New York Times, Washington Post, and Washington Times.

Kemble, Penn – Department of State – Head, Eminent Persons Group, Sudan Slavery Commission. Senior Fellow in Freedom House.

Kennedy, Craig – President of the German Marshall Fund.

Khalilzad, Zalmay – Ambassador to Afghanistan, Special Presidential Envoy to Afghanistan and Special Presidential Envoy to the Free Iraqis.

Profile:  Senior Director of the National Security Council (2001 – 2003). Accused by candidates in the Afghan elections of arranging President Hamid Karzai’s victory. Worked for Paul Wolfowitz at the State Department in 1984 – 1985. Advisor to Unocal for their proposed gas pipeline project through Afghanistan (1997).

Killebrew, Robert B. – Colonel (retired)

Profile: Security Strategies study member for PNAC. Consultant to a variety of army and private institute military projects.

Kirkpatrick, Jeane – on the executive committee of Freedom House and the board of advisors of the Jewish Institute for National Security Affairs. Member of the Council on Foreign Relations and the Committee on the Present Danger. Former U.S. Ambassador. Member of the National Security Council under Reagan.

Koh, Harold Hongju – Dean of Yale.

Profile: Assistant Secretary of State for Democracy, Human Rights and Labor in the Clinton administration.

Kovler, Peter – Nixon Center Advisory Council. Balkans Action Committee.

Krauthammer, Charles – Presidential appointee to the President’s Council On Bioethics. Columnist for the Washington Post. Contributing Editor for the New Republic and the Weekly Standard. Member of the Editorial Board for the National Interest and the Public Interest.

Kristol, William – co-founder of the PNAC. Columnist for (and co-founder of) the Weekly Standard.

Profile:  Chief of Staff to Vice President Dan Quayle, Secretary of Education Chief of Staff under William Bennett during the Reagan administration.

Lagon, Mark P. – Deputy Assistant Secretary of State.

Profile:  fellow of the Council on Foreign Relations. Deputy Director of the House Republican Committee. Senior advisor to Jeane Kirkpatrick – American Enterprise Institute.

Lasswell, James – Employee of GAMA Corporation (war games, military training via software).

Lehrman, Lewis E. – on the Board of Trustees for the Heritage Foundation and the American Enterprise Institute. President and co-founder of the Citizens for America.

Libby, I. Lewis – Assistant to the President, and Chief of Staff to the Vice President.

Profile:  after graduating law school, went to work for Paul Wolfowitz (1981 – 1985) at the State Department. Hired again by Wolfowitz in 1989, this time at the Pentagon.

Lindberg, Tod – Research Fellow at the Hoover Institute. Editor of Policy Review journal.

Mack, Connie III – Congressman for Florida. Previously served in the Florida House of Representatives (2000 – 2003).

Maletz, Christopher – Assistant Director of the PNAC.

Markey, Mary Beth – Executive Director for the International Campaign for Tibet. Worked in the Senate Foreign Relations Committee prior to 1996.

Martinage, Robert – consultant for the Center for Strategic and Budgetary Assessments.

McKivergan, Daniel – Deputy Director of the PNAC.

Profile:  research director for The Weekly Standard (1995 – 1997). Legislative director for Senator John McCain (2000), and for Congressman Dan Miller (1997).

Meese, Edwin III – Heritage Foundation.

Profile: Attorney General during the Reagan administration. Investigated for his involvement in the Iraq Bechtel pipeline deal (which also involved Donald Rumsfeld) – not prosecuted, but resigned.

Meilinger, Phil – U.S. Naval War College.

Muravchik, Joshua – Resident Scholar for the American Enterprise Institute. Member of the Board of Advisors for the Jewish Institute for National Security Affairs.

Owens, Mackubin – professor at the Naval War College (a government facility).

Owens, Wayne – Deceased (December 18, 2002).

Profile:  eight years as Congressman (D) for Utah.

Peretz, Martin – owner and Editor-in-Chief of the New Republic magazine.

Perle, Richard N. – Pentagon Policy Advisor (resigned February 2004), member – Defense Policy Board.

Member: Balkan Action Committee, Committee on the Present Danger, American Enterprise Institute associate. On advisory board of the Jewish Institute for National Security Affairs.

Profile: Assistant Secretary of Defense under Reagan. FBI suspected Perle of spying for Israel in 1970 – not prosecuted.

Pletka, Danielle – Vice President of Foreign and Defense Policy for the American Enterprise Institute.

Profile: senior staff member of the U.S. Senate Committee on Foreign Relations (1992-2002).

Podhoretz, Norman – member of the Council on Foreign Relations (CFR). Husband of Midge Decter, father-in-law of Elliot Abrams.

Porter, John Edward – member of the RAND board of Trustees.

Profile: Congressman until 2000.

Quayle, J. Danforth – was Vice President under Bush Sr.

Rodman, Peter W. – Assistant Secretary of Defense for International Security Affairs.

Profile:  Staff Director of State Department Policy Planning under Reagan.

Rosen, Stephen P. – Harvard professor.

Profile: professor at the Naval War College. Director in the National Security Council under Reagan.

Rowen, Henry S. – member of Department of Defense Policy Board. Presidential appointee to the Commission on the Intelligence Capabilities of the United States Regarding Weapons of Mass Destruction.

Profile: Assistant Secretary of Defense for International Security Affairs under Bush Sr. RAND Corporation president 1967–1972.

Rumsfeld, Donald – Secretary of Defense.

Member: Hoover Institution board of trustees, RAND Corporation, Empower America board, Freedom House board, Balkan Action Committee, Committee on the Present Danger, Center for Security Policy.

Profile: Congressman from 1962 to 1969. Member of Nixon’s cabinet. Member of Gerald Ford’s cabinet and Secretary of Defense. Chaired Ballistic Missile Threat (“Rumsfeld”) Commission in 1998.

Scheunemann, Randy on PNAC Board of Directors, U.S. Committee on NATO Board of Directors. Treasurer for Project on Transitional Democracies. Lobbyist.

Profile: Office of the Secretary of Defense – Consultant on Iraq Policy (2001).

Schmitt, Gary – Executive Director of the PNAC. Consultant to the Department of Defense.Member of the Board of Directors of the U.S. Committee on NATO. Visiting Fellow at the Brookings Institute. Adjunct Professor at John Hopkins University.

Profile:  Executive Director of the President’s Foreign Intelligence Advisory Board under Reagan.

Schneider, William Jr. – Chairman of the Defense Science Board for the Department of Defense. President of International Planning Services, works for the lobbying company Jefferson Consulting Group. Previously served on the “Rumsfeld Commission”.

Shaw, Sin-Ming – resident scholar at Oxford University’s Oriel College.

Shulsky, Abram N. – Director: Defence Department’s Office Of Special Plans, a division created by Paul Wolfowitz.

Profile:  Worked for the RAND corporation. Worked under Richard Perle in the Defense Department during the Reagan administration.

Shultz, Richard – Professor of International Politics at the Fletcher School. Holds Chairs at the Naval War College and the U.S. Military Academy. Fellow at the Institute of Peace.

Simon, Paul Deceased (Dec. 9/03). Former Democratic Senator.

Sokolski, Henry – Executive Director of the Nonproliferation Education Center.

Profile:  was Resident Fellow in the Heritage Foundation and the Hoover Institution. Was a Senior Legislative Aide for Senator Dan Quayle.

Solarz, Stephen J.– vice chairman of the International Crisis Group. Member of the Council on Foreign Relations.

Profile: Congressman for New York (1975-93)

Sonnenfeldt, Helmut – Brookings Institution.

Profile: member of the National Security Council. Advisor to President Nixon.

Sussman, Leonard – executive director of Freedom House. Was a journalist in New York.

Sweeney, John J. – President of the American Federation of Labor – Congress of Industrial Organizations (AFL-CIO). Member of the Council on Foreign Relations.

Taft, William Howard IV – Chief Legal Advisor to the Department of State.

Profile: assistant to Casper Weinberger in the Nixon administration.

Thornburgh, Dick – Lawyer. Past governor of Pennsylvania. Attorney General in the Reagan and Bush Sr. administrations.

Tkacik, John – Heritage Foundation. President of China Business Intelligence. Worked in the State Department during the Reagan administration.

Turner, Ed – Identified in PNAC involvement).

Vickers, Michael – Director of Strategic Studies for the Center for Strategic and Budgetary Assessments. Creator of “Future Warfare 20XX” games. Former CIA agent.

Waldron, Arthur – board member of Freedom House, member of the Council on Foreign Relations.

Profile:  professor at the Naval War College (1991-97).

Wallop, Malcolm – Heritage Foundation. Founder and Chairman of the Frontiers of Freedom.

Profile: part of the Rumsfeld Commission. Senator for Wyoming (1977 – 1995).

Watts, Barry D. – Director of Program Analysis and Evaluation – Office of The Secretary of Defense.

Profile:  before government appointment, was a director in Northrop Gruman (weapons contractor).

Webb, James – was Secretary of the Navy and Assistant Secretary of Defense during the Reagan administration.

Weber, Vin – member of the National Commission on Public Service. Member of the German Marshall Fund – board of trustees. Co-founder of Empower America. Partner in Clark & Weinstock.

Profile: Congressman for Minnesota 1980 – 1992.

Weigel, George – Senior Fellow at the Ethics and Public Policy Center.

Profile:  co-founded National Endowment for Democracy.

Weinberger, Caspar W.– writer.

Profile:  past publisher and chairman of Forbes magazine. Secretary of Defense under Reagan. Indicted on felony charges for his participation in supplying missiles to Iran, but pardoned by President Bush Sr.

Weyrich, Paul M. – President of the Free Congress Research and Education Foundation. National Chairman of Coalitions for America.

Profile: co-founded Heritage Foundation. Co-founded the Moral Majority. Past treasurer of Council for National Policy.

Williams, Christopher A. – Department of Defense – Special Assistant to Donald Rumsfeld. Lobbyist for Boeing and Northrop Grumman Corporation (weapons contractors).

Profile: member of Pentagon’s Deterrence Concepts Advisory Panel, and member of Pentagon’s Defense Policy Board during Bush Jr. administration.

Windsor, Jennifer L. – Executive Director of Freedom House.

Profile: previously held various positions at the U.S. Agency for International Development.

Wolfowitz, Paul – Deputy Secretary of Defense, and Assistant to the Vice President.

Profile:  Head of the State Department’s Policy Planning Staff under Reagan. Deputy Assistant Secretary of Defense for Regional Programs under Carter.

Woolsey, R. James – member of the Defense Policy Board, member of the Deterrence Concepts Advisory Panel, and member of the National Commission on Energy Policy. Trustee for the Center for Strategic and International Studies. Chairman of the Board of Trustees for Freedom House. Honorary Co-Chair of the National Security Advisory Council.

Profile: Director of the CIA during Clinton administration.

Wortzel, Larry – Director in the Heritage Foundation.

Zakheim, Dov S. – Member of the advisory board for the American Jewish Committee, member of the Council on Foreign Relations, and Adjunct Scholar for the Heritage Foundation. Under Secretary and Chief Financial Officer for the Department of Defense (resigned April 15, 2004).

Zoellick, Robert B. – U.S. Trade Representative and member of President’s Cabinet.

Profile: Under Secretary of State for Economic and Agricultural Affairs, then White House Deputy Chief of Staff in the Bush Sr. administration.









Global Economy – Exacerbating Crises With Erroneous Policies And Stratagems

August 30, 2013

By Padmini Arhant

The economic woes confronting the world are unemployment, underemployment, trade deficits, lower consumer and investor confidence and rising debts in the sluggish economy.

The economic downturn that began in December 2007 attributed to financial crises and sub-prime mortgage as well as hedge fund debacle relieved bankers from liabilities using  taxpayer bailouts transferring the burden on ordinary citizens in the economy.

Bankers in control of money management in the United States through privately owned and run Federal Reserve assumed absolute power with no oversight despite huge anomalies found during internal audit. 

The missing $ 9,000,000,000,000 i.e. $ 9 trillion acknowledged by Inspector General Elizabeth Coleman during Congressional hearing is the tip of the iceberg with more alarming activities surfacing on bankers’ modus operandi.

The banking syndicate comprising Bank of England  – epicenter for fraudulence having laid the foundation on monopoly over national and world economy leads the Federal Reserve in the United States, European Central Bank (ECB), IMF, World Bank and major European Banks with monetary policies aimed at maintaining the status quo.

While IMF and World Bank have successfully derailed economies of developing nations,

The strategy for Europe and North America premised on severe austerity stressing the need to address fiscal cliff generated by banking and financial sector has resulted in dire economic consequences witnessed in Portugal, Ireland, Italy, Greece and Spain (PIGS) although the rest of Europe are not far behind in sharing the dismal state.

The elite group reining authority over global economy is deploying methods in withdrawal of quantitative easing restricting cash infusion or economic stimulus allowing arbitrary interest rates adjustments at Federal Reserve discretion.

Federal Reserve Chairman Ben Bernanke issued a statement on June 20, 2013 that quantitative easing program is in the process of elimination completely by the middle of 2014. 

The detrimental plan produced shock waves in stock markets worldwide the following day i.e. Friday, June 21, 2013.

Regardless, the drastic measure is already underway with limitations on interjection ignoring the necessity for economic revival.

The constraints on liquidity flow facilitating interest rates to rise evidently counterproductive considering the adverse impact on business and home ownership  in the growth deficient economy.

Consumer spending contraction affecting retail industry with ripple effects on manufacturing and interconnected operations extends negative trend in the economy.

Federal Reserve decision to deoxygenate i.e. deprive economy from necessary money distribution via cash and credit backed with redeemable bonds and securities in the absence of growth oriented investments deepening economic problems and stalling recovery.

The money supply held within major private banks lacking in transparency and accountability misleads economy and in worst case scenario adopt aggressive tactics like assets seizure and savings depletion sparing neither the states nor individuals witnessed in the Mediterranean nation – Cyprus deal.

Furthermore, Wall Street financing of political system undermines sovereignty leaving the voters at financiers’ mercy on legislation.

The predicament for citizens is subjugation voiding their ballots in the polls with corporate funding of political campaigns and recipients allegiance to donors against electorate and national interest.

United States administration and congress with rare exceptions prioritizing corporate agenda over constituents’ basic needs like jobs, housing, health care and environment pose greater challenge for the people paying the price in political stalemate on issues concerning the vast majority.

The nation is grappling with multitrillion dollars expenditure on military expeditions and permanent army bases across the globe.

Simultaneously ineffective regulations accommodating past practices into the present and erroneous strategies targeting safety net features plus lifeline products favor financiers and special interests groups in the national and international domain.

The efforts to privatize social security having been the only reliable source of income for retirees and baby boomers nearing retirement alongside home mortgage ponzi scheme replicated in student loan scams forcing fresh graduates and predecessors submerge in financial debts prior to the start of career stifle productivity and revenue reflected in national GDP and current account.     

Additionally, trade policies under globalization benefits stake holders in multinational companies and the top 1% drive to accumulate wealth at the remaining 99% labor costs  empower the privileged class widening the gap between rich and poor in the world.

Besides the taxation policy disproportionately favor the affluent members with offshore tax havens and Swiss Bank accounts set up to promote tax evasions protecting illegitimate holdings and profiteering from illegal wars wasting taxpayer funds. These issues apparently not an important factor in discussion on fiscal responsibility.

The destructive course is unsustainable having exhausted means to exploit workforce and taxpayers worldwide with reckless and irresponsible activities discarding ramifications experienced by significant population struggling to make ends meet in their life.

In conclusion, the economic freedom made possible with republic governance engaged in money printing and circulation conforming to traditional function including monetary policy is the immediate priority to release nations from fictitious debt cycle developed for siphoning national treasury. 

The deceptive concept creating the perception of generational indebtedness with gloom and doom exempt the real beneficiaries in disguise as moneylenders from universal rules and standards.

Global action demonstrated in national call to abolish the Federal Reserve and counterparts in Europe and elsewhere is the way forward assigning the role to public represented democratic government with appropriate checks and balances for efficient performance.

The era of selective prosperity and opulence thriving on stratagems triggering global confrontation and warfare  is nearing termination in accordance with natural law setting expiration date for a new beginning.

Best Wishes to humanity at large for quantum leap progress uplifting the poor, the disadvantaged and the disenfranchised exemplifying meaningful accomplishment.

Peace to all

Thank you.

Padmini Arhant




http://youtu.be/o-pav_yPFkI http://archive.org/details/9TrillionDollarsMissingFromfederalReserve-FedInspectorClueless http://youtu.be/lKM14DAl5nw http://youtu.be/B3hni2VNriw http://youtu.be/LXY34r8vvDw

Global Finance – Dissolving Federal Reserve, ECB, World Bank and IMF

September 8, 2012

By Padmini Arhant

Global economy controlled by financial sector under private management has evaded public scrutiny despite being responsible for major debacle since seizing absolute power over money supply.

Reiterating the fact – Federal Reserve in the United States as a private entity with a general impression of representing national banking authority override sovereignty by minting money and profiteering on interest against notes despatched to government for use as Treasury bills and lending money on bonds.

The practice over a century has empowered few individuals and undermined national financial status indefinitely indebted to private organization self-exempted from audit and oversight.

Federal Reserve usurped government in maintaining direct access on cash flow in the economy.

The Federal Reserve handles activities ranging from projections, interest rate determination to intervention in monetary policy on government behalf under the pretext as ultimate decision-making central authority again without the burden of accountability.

In a republican system – the people via government would head these functions and address fiscal issues effectively rather than delegating to private entrepreneurship linked to conglomerate with vested interests evident in the status quo.

Federal Reserve is a private company owned by selective groups in the hegemony hierarchy disguised as an institution to run sovereign nation financial affairs with primary aspiration to sustain consolidated power on national finance and banking industry.

The recruitment in this organization invariably involves hegemony members especially the chairmanship right down to key positions in order to implement agenda designed to favor exclusive proprietorship.

Federal Reserve ineptness and failures on timely interceptions to avert precipitous economic meltdown notably in 2007 and 2008 followed by then chairman Alan Greenspan along with previous administration Treasury Secretary Henry aka Hank Paulson also tied to nexus group call for bank bailouts claiming a do or die situation is a classic example of well coordinated exercise to solidify gains out of calamity.

The tradition continued till today to demonstrate loyalty to Wall Street and hegemony.

Notwithstanding individual profits raked from financial disaster experienced until now and expected to worsen upon allowing dysfunctional and deceptive proxy agencies to operate under the guise of monetary epicenter.

Federal Reserve consistent role in defending banks default and reckless undertakings to receive taxpayer funds at national expense cannot be ignored and confirms the embedded strategy to protect selective cause regardless of endless ramifications with pervasive impact.

United States and other nations under comparable scheme pursuing republic money management in nationalized structure using sovereign currency as monetary unit,

Besides necessary regulations on banking and finance are the only prudent approach abandoning current methods imposed to suit privileged class motives behind manufactured economic crisis.

The stringent measures to curb speculative trading and toxic securities that contributed to global downslide restricted at respective origin could drastically reduce risks facilitating reliable transnational exchange on swaps, futures and contingency liabilities involving diverse products in the international market.

Likewise investment banks or equity management firm divergence adapting to volatile commercial ventures, arbitrary trading and ill advice for short term prospects neglecting long term repercussions exacerbated inherent unpredictability dragging state economy such as Greece to a diminishing point of return.

The beneficiary not surprisingly being the problem source absolved of any compensation, libel and reproach.

Commercial banking – customer deposit security increasingly at stake due to FDIC (Federal Deposit Insurance Corporation) assurance limitations combined with major banks ambitious mergers and acquisitions for market monopoly.

Monitoring overall banking activity i.e. retail and commercial including myriad trade options subjected to independent external verification imperative to avert bank insolvency.

Federal Reserve poignantly serve nexus group with flagrant measures on quick fix basis yielding more uncertainty and perpetual economic turmoil conforming to capitalizing on catastrophe.

Likewise in Europe, the central banks and prominent territorial players dominant in conditional capital provision escalated economic plight through erroneous requirements viz. severe austerity in the absence of growth – possible with result-oriented investments and pragmatic solutions instead of adherence to crumbling euro zone and,

EU commission ironically laden with wasteful expenditure related to bureaucrats exorbitant remuneration amid irrational spending cuts proposal focused on payoff to financiers generating cash from debt.

European Union and euro are New World Order prototypes for emulation world over.

The fundamental flaws in the concept aimed at subjugation of sovereign nations with trade imbalance, general standards applicable to all irrespective of unique challenges, safeguarding banks slighting generational indebtedness on citizen and,

Not to mention interference in political affairs with successful appointment of hegemony representative to implement detrimental policies aggravating citizens hardship than alleviating them.

European Union and euro fragility emanating from contagion effect on negative trends in particular cannot withstand prolonged economic woes experienced by weaker economies ultimately becoming economically stronger nation’s obligation to avoid sinking Titanic scenario.

Others would legitimately expect similar response in synonymous condition posing litmus test for those providing funding to remain fair and equal while preparing to deal with domestic opposition to foreign state bailout.

Globally, the financial dragnet originates from two contentious and controversial setups – World Bank and (IMF) International Monetary Fund.

These two institutions emerged post World War II coinciding UN formation by western powers for easier access to foreign capital and resource.

Accordingly both World Bank and IMF have systematically derailed economies with unreasonable demands such as mandatory membership to force acceptance of rules falsely leading to surrender of sovereignty and securing projects for oligarchy depriving locals the business opportunity.

In other instances, the so-called development programs in developing and poorer nations have benefitted corrupt governments in cohort with capitalists reaping disproportionate returns on meager investment leaving behind deficit economic status or at worst a banana republic like Argentina and Indonesia during the height of excess intrusion.

Contemporarily, IMF and ECB directions to Euro zone members are targeted at enhancing banks capital reserves at population peril.

World bank indulgence in economies largely with sinister intentions has marginalized countries that were otherwise self-sufficient and export-oriented until WB or IMF influence and engagement.

Furthermore World Bank and IMF chief are constantly selected from United States and Europe given their affiliation and affirmation to secret society doctrine.

The remedy is to reject these institutions determined to accomplish objectives verifiably paradoxical to humanity progress.

Every nation reverting to community banks, regulated private finance centers and credit unions and above all –

Money distribution backed by gold under public ownership would be a preliminary step towards freedom from sovereign debt accumulation ending unscrupulous tactics to subvert positive sustenance.

Regional cooperation without compromising individual liberty to enter or exit consortium not barring thoughts and ideas to share among participants for genuine goals guarantee mutually anticipated outcome with dividends on fruits of labor.

The existing organizations in Latin America, BRICS and African nations collaboration to consolidate relevant assets allocating for basic to advanced needs extending beyond borders would be a dependable buffer zone and exponentially deliver financial security.

Non-compliance by victim nations on excruciating terms binding illegal debts,

Republic defiance of fraudulent techniques with coveted image would essentially dissolve premiership adorned by Federal Reserve, ECB, World Bank, IMF and European banks stake holders depleting global wealth for personal luxury.

Henceforth terminating systemic abusive culture attributed to immense suffering worldwide imminent to revive life with dignity.

Wishing republic resurgence in finance, politics, economics and justice for universal prosperity and social equality.

Peace to all!

Thank you.

Padmini Arhant

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Global Challenge – State Sponsored Terrorism

March 1, 2012

By Padmini Arhant

The greatest challenge facing humanity today is economic and military warfare waged for subjugation leading to global dominance.

National sovereignty undermined through military aggression and economic pressure with severe austerity imposed upon nations submerged in debt created by institutions such as World Bank, International Monetary Fund, Federal Reserve and Central Banks in Europe and around the world is a major threat to global society.

Wall Street investment bankers and equity management firms like Goldman Sachs hedge fund debacle drowned Greek, Spanish… economy with former having made a fortune while the latter battling for survival under tough economic penalty.

It is clear that concentrated wealth acquired deceitfully wielding power over global population directly responsible for the status quo.

The empire with selective members upon meeting the criteria i.e. characteristics paradoxical to anything good has been successful in causing impoverishment and misery.

Espousing values deviating in human ethos indiscriminately inflict atrocity judging from trajectory – the ruthless strategy is empowerment of few and enslavement of the rest.

Up until now the tentacles spread across the globe under economic policy – globalization with political motto – One World government setting the stage for New World Order.

Having founded organizations like United Nations particularly the United Nation Security Council barring contemporary geopolitical and economic regional representation is the tool to authorize embargo – the overt exertion of authority against targets of economic and strategic interest.

New World Order as suggestive in the name exercising hegemony seeks complete surrender of national resources and most importantly individual liberty.

Civil rights eroded under national security pretext with constant surveillance over citizens including racial profiling have become the norm in the land of the free and home of the brave.

Evidently blatant efforts to deny Internet – the viable medium for public awareness and global alert regarding incendiary assault on freedom by political leaders and federal agency directed to intervene in the first amendment bill of rights cannot be ignored.

The White House signatory to Anti-Counterfeiting Trade Agreement (ACTA) along with EU counterpart is apparently set for yet another potent sabotage on mainstream communication.

Reportedly March 8, 2012 – FBI deadline for Internet shut down with Trojan viral bomb potentially malfunctioning computer is the latest cyber scourge to quell dissent against authoritarianism.

Citizens deserve appropriate clarifications from the government behind the looming unconstitutional censorship on freedom of speech.

Occupy movement across the globe in solidarity observing peaceful and non-violent means could efface shadow organization infringement on human existence.

The carefully planned and organized terror attack with federal complicity facilitated Patriot Act granting government and agencies unlimited power in human rights violation prohibiting 9/11 related serious investigations in the land of justice.

Despite compelling evidences comprising eyewitness accounts, expert analysis on controlled demolition contributing to twin towers and world trade center building # 7 collapse,

Not to mention the profiteers from the horrific crime and tragedy caught with foot in their mouth in the monumental insurance fraud and,

Several real perpetrators capitalizing on the opportunity to invade sovereign nations leaving thousands of service men and women killed, millions of lives lost, countless rendered homeless, destitute and refugees in their country – are ironically upheld in high esteem with impunity against prosecution.

The glaring indifferences raise questions in rational minds,

What is the purpose of legal system in the so-called democracy?

Why is the nation that galvanized to bomb Afghanistan based on propaganda chooses to remain silent upon revelations on September 11 attacks and events subsequent to state colluded biggest terror act in mankind history?

When law and justice claws outstretch to track down offenders in civil society and unabashedly pronounce guilty verdicts mounting up to capital punishment,

Why are the political establishment and privileged class exempt from similar scrutiny and never brought to justice for corruption, treason, mass murder and horrendous crimes committed in electorates name?

Besides not being held accountable for smearing national image and jeopardizing integrity of the country they are elected to serve in a democratic society.

Evil emboldened and thrives when goodness is dormant or complacent in the face of death and destruction.

Modern society conundrum is the lawmakers being the lawbreakers with license to subvert facts, intimidate witnesses not excluding mysterious disappearances and control investigative wings to personal advantage.

The practice extended into judicial branch noticeably executing judiciary power on expendable members,

Political helm as mastermind and windfall monetary gains actual beneficiaries on corruptions or racketeering yielding phenomenal profits stashed away in Swiss bank accounts and tax havens at national and international detriments are neither subjected to thorough unadulterated judicial inquiry nor subpoenaed to testify in public domain enabling presumptuous invincibility by default.

Furthermore conventional media and press corps owned by corporations and private entities in cohort with politics endanger democratic principles redefining freedom of press duly subservient to political machinery compromising journalistic standards to the lowest ebb.

The unflinching loyalty to political hierarchy by specific media and print press is abhorrent.

Notwithstanding peripheral affiliates relentless slander and character defamation against those standing up to power proves the coalescence favoring unscrupulousness and impropriety.

As a result conscientious members in civil society and independent investigative journalists admirably rise to the occasion risking life and reputation for national and humanitarian cause infusing rationality as well as objectivity in the otherwise propaganda ravaged discourse promoting narcissistic goals.

Again these diligent crusaders are not spared from political witch-hunt or feudalists and their support base indignation.

United States having been betrayed numerous times is at the crossroads to restore fundamental democratic axioms cognizance of republic governance made possible by severing ties with misleading forces exploiting American benevolence for ideology driven supremacy doomed to fail in the overzealous mission.

The U.S. military command  – Army, Marine, Air Force and National Coast Guards allegiance is pledged to the Star Spangled banner and the nation it represents not the insidious repetitive reconnaissance premised on grandeur seizure of global power.

Brief description of existential menace – All Seeing Eye emblematic of sea pirates notably pioneered the art of piracy with secrecy being the core element contradictory to unprecedented invasion of others privacy is entrenched in divide and conquer philosophy, fear mongering apart from eugenics and apartheid maintained to advance depopulation.

Arguably the network has no religion and is neither an atheist nor agnostic.

However worships GOD – in the denomination of Gold, Oil and Destructive Weapons viz. lethal stocks (Drugs, Arms and Ammunition even nuclear arsenal material such as enriched uranium, Chemical weapons for biowarfare) pursued with overwhelming greed and violence.

The desperation to expedite pre-meditated global conquest is unfolding in synchrony.

European economies are currently succumbing to stringent cuts viz. Greece, Spain…from unreasonable conditionality in ECB, IMF and EU aka Troika loans paving way for economic colonization.

Middle East – U.S. led NATO preparedness and eagerness to strike Syria early March in addition to using none other than another Islamic nation – Turkey troops deployment is consistent with polarization technique applied in usurping power against nations perceived weak and vulnerable.

The nexus organization heralded tearing the Berlin Wall in Germany, bringing down iron curtain in the former Soviet Union only to substitute with tyranny and state sponsored terrorism unveiled on September 11, 2001 and thereafter.

Global revolution is the effective remedy to reclaim sovereignty by rejecting privately owned central banks predominantly financing two-dimensional warfare in the economic and military front crippling societies for ultimate enforcement of NEW WORLD ORDER.

The immediate priority for citizens is to curb any attempts to disrupt or terminate Internet access.

Non-compliance of undemocratic laws designed to exacerbate human suffering.

It could be exemplified in taxpayers refusing to pay taxes spent on warfare,

Misplaced generosity – U.K. foreign aid to growing economy like India demonstrating condescension than compassion,

Worldwide protest against Swiss Banks and tax shelters is imperative.

The discreet holdings not only bankrupt developing and developed economies but also legitimize illicit financial transactions fostering corruption culture.

Likewise demanding black money recovery hoarded in Swiss banks and tax havens regardless of political, economic and social stature would assist in economic development.

Independent inquiry of public officials and leaderships implicated on corruption scandals, vote rigging, and legislation involving bribery, obstruction of justice and above all abuse of power during term in office would confirm functional democracy.

Calling for public trial on 9/11 terrorism and illegal invasions of Afghanistan, Iraq and Libya would categorically reaffirm the democratic stance  –

None are above the law.

Dismantling World Bank, IMF, UNSC used to justify prejudicial economic sanctions and military intervention against selective nations.

Invalidate Federal Reserve to reinstate republic control of money supply in every part of the world.

International Criminal Court of Justice in Hague re-structured to eliminate bias for indictments against war crimes,

Corporate activities harming life and environment,

Social injustices of all kind – ranging from gender inequality, sexual orientation and human trafficking to misuse of religion and neglect of indigenous population.

Vatican City – Christianity’s prosperous religious center assets distribution would substantially improve lives and adequately address poverty, hunger and disease in many regions.

Even perhaps rescue European economies from dire consequences conforming to Lord Jesus Christ teachings on the healing power of kindness through charity.

Wealth and knowledge proliferate upon sharing amongst the deprived and disenfranchised in the society.

Finally, regulations to safeguard global financial security and environment quintessentially alleviate prevalent adversity.

Please remember people possess power to bring about the change benefitting all reversing the trend in isolation, exclusiveness and superiority.

Transparency in political and economic decision-making process is paramount for nation building.

Citizens around the world are requested to come together in laying the foundation for a new beginning with universal peace and freedom.

Peace to all!

Thank you.

Padmini Arhant

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World Economic Forum – 2012 Davos, Switzerland

January 28, 2012

By Padmini Arhant

Warm Greetings to world leaders in politics, economics, social, environment and humanitarian organizations attending the world economic forum in Davos, Switzerland.

The global economy is frail with complexities demanding solutions in cognizance of specific and general needs for revival.

Economic meltdown could be attributed to myriad sources and identifying the root causes would enable policy restructuring to stimulate and sustain growth in the interim and beyond.

Capitalism is by far the viable economic system provided the free market functionality confined to building economy without intervention in politics.

While Capitalism governance triumphs in weakening legislations aimed at consumer protection, fair pricing for affordability as well as balanced trade practices in national and international domain.

Government regulations for this purpose are met with resistance as intrusion in private sector.

Free market economy with free pass on all economic activities without checks and balances led the economy to a near free fall in recent history.

The current economy on the precipice due to flagrant dismissal of reforms combined with institutional failures to deliver the required outcome.

Economic model promoting globalization with two monetary authorities – The World Bank and International Monetary Fund (IMF) facilitated the collapse of modern economy in the developing and developed region.

Modern economy under prudent economic i.e. fiscal, trade and monetary policy had better prospects to vitalize agricultural, service and industrialized economies through self-sustenance and international trade.

World Bank and IMF set up to gain forceful entry into economies under globalization auspice derailed progress denying independent strategies to address problems confronting individual economy.

The mandatory membership with World Bank and IMF lending enforced untenable terms and conditions on borrowers subjugating nations for unlimited access to resources including the heads of the state appointment across the globe.

World Bank and IMF debtors share similar economic woes and struggle to amortize debts in a systemic abusive deal involving collaterals directly undermining sovereignty and binding generations with liability.

From European contagion to Sub-Saharan Africa existence dilemma  – World Bank and IMF together play a major role in exacerbating financial crisis and implementing austerity measure to public detriment – bringing mainstream to main street protest.

World Bank interference in environment policy to control the governments pledged $100 billion towards carbon emission reduction is vehemently opposed given the organization’s trajectory in funds mismanagement.

Capitalism would thrive in the absence of shadow government split into three categories:

They are banking, transnational corporations and defense industry.

Banking industry speculative trade and selective justice against speculators sparing political campaign donors viz. prominent investment banks or equity management firms responsible for U.S. housing market slump depriving millions ownership and shelter along with euro zone calamity expose the network between politics, judiciary and economics.

Transnational Corporations – infringement upon overseas markets threatens disadvantaged demography livelihood through governmental pressure endangering small medium enterprise and entrepreneurships at lower economic strata.

Mega Corporation stakes in developing and emerging economies is a gateway to monopoly.

Likewise, in national turf – the big corporations bidding on merger and acquisitions suppress the free market elements to emerge and compete effectively against powerful establishments.

Energy Sector – Regarded the behemoth in containing alternative energy output using solar, wind and hydro projects.

They are instrumental in waging wars to maintain vested interests in oil and natural gas enriched territories around the world.

Wars also generate energy demand against inadequate supply boosting oil prices at peak.

Defense Industry – wars are lucrative with ammunition proliferation and investments in innovative stockpiles among warring factions confirming profit – the motivational factor from economic standpoint and the other dimension being global dominance to retain status quo.

Energy and Defense industries are influential forces in congressional and Presidential election.

United States Supreme Court decision on Citizens United is carte blanche to Corporations undermining democratic electoral process.

Unless the outcome reversed, the trend jeopardizes election results legitimacy and credibility.

Politics and economics fusion exceeding normal boundaries evidently is not the government of the people, by the people and for the people.

Another extenuating component of finance industry with pervasive impact on global society is tax havens and unaccounted funds in overseas bank accounts.

Swiss banks – USB and Credit Suisse Societe Generale – The leading purveyors of secret bank accounts accepting funds from illicit means essentially legalizing money laundering is crippling economies with Vienna convention granting impunity to offenders predominantly representing the political and privileged class in the society.

Swiss government neutral position and opposition to warfare is severely compromised in the approval of banking operation in semblance with the former Bank of Credit and Commerce International engaged in illegal assets holdings.

International objection to BCCI violation of banking law precipitated closure ending financial impropriety.

Banks in Switzerland, Singapore, Cayman and Cook Islands…transferring offshore accounts to onshore is imperative to alleviate burden on taxpayers in the developing and developed economy.

Credit Suisse Societe Generale compliance in this regard with United States is praiseworthy and applying same standards to other nations would eliminate preferential treatment perception.

Switzerland as a democratic society could set an example in returning national wealth to all nations deprived of revenue in income taxes or transactions pertaining to national or state contracts.

Market economy in republic governed democracy would comprise relevant regulations to safeguard customer rights, competitiveness for price and quality, business incentives to secure guaranteed returns and job preservation, logical tax reform with unaccounted money recovery,

Corporations leading economy rather than national and international politics would delineate economic leaderships in monitoring growth with necessary policy adjustments for better results.

Prohibiting corporations and corporate donations in election campaigns is critical for democracy to prevail.

Public sector streamlining bureaucracy and remaining focused on civil society development would improve efficiency.

Politics and economics on parallel mode refining methods, supplementing ideas and complementing productivity would enhance performance without hindrance in defined goals.

Capitalism in the present format is heavily invested in political power neglecting ethics and economy.

Profiteering on economic and military warfare is proved counterproductive.

Changing course to benefit humanity at large is the rational approach to resolving economic crisis.

Market economy guided by pragmatism and ingenuity with moral code as the catalyst is the promising future.

On that optimistic note,

Wishing success to world economic forum 2012 in Davos, Switzerland!

Peace to all!

Thank you.

Padmini Arhant

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Ivory Coast Political Stalemate

March 6, 2011

By Padmini Arhant

Yet another power battle is producing mass casualties and crippling the economy with restrictions imposed on cash flow by shutting down regional banks in the country.

This time it is in the West African nation, Ivory Coast (Côte d’Ivoire) with the political crisis emanating from the unresolved November 2010 election results between President Laurent Gbagbo and the contestant Alassane Ouattara of the RDR (Rally of the Republicans) political party representing the Christian south and Muslim north respectively.

President Laurent Gbagbo refusal to acknowledge the reportedly 9 point margin victory by the opponent leader Alassane Ouattara – U.S. educated and former IMF & World Bank high ranking official currently under UN peacekeeping security near the capital Abidjan has erupted with army assaults against civilians, the usual victims in political strife.

It is important to assess the dispute in light of electoral outcome, Presidential terms in office and the recent actions that have led to massive bloodshed and human rights violation against women as well as other members in the society.

President Laurent Gbagbo has served since 2000 through self-extension and UNSC subsequent endorsement in 2006. The 2008 election was postponed to 2010.

Following the 2010 elections – the violence from both sides have claimed many innocent lives.

The incumbent President misuse of power utilizing the army and civil service officers has gained advantage over the opposition retaliation leading to the status quo.

Any leadership determined to exert authority through bad decisions at the population peril anywhere confirms the misplaced priority and betrayal much to national detriment.

President Gbagbo upon reflection would perhaps realize that prolonging the disagreement has contributed to civilian deaths and destruction to the economy not likely to be ignored by the nationals deeply affected in the quagmire.

Proceeding under such conditions would be counterproductive expediting the ruling government termination in office sharing the predecessor Robert Guéï fate that enabled the FPI (Ivorian Popular Front) rule and Gbagbo Presidency in 2000.

The opposition leader Alassane Ouattara proposal to form unity government is welcome and cooperation from various political factions is imperative to reflect the unanimous consensus considering the political turmoil ill effects on human lives and economic future.

Côte d’Ivoire has been through tremendous turbulence with political unrest.

The issue deserves a permanent solution made possible in the electoral mandate recognition and subsequent renunciation of power by President Laurent Gbagbo.

As for the army and civil coherence with President Gbagbo – the ground reality should awaken the loyalists to withdraw support in the gravely deteriorating political environment evolving into a potential genocide.

With respect to global powers’ contrasting position on similar matter such as:

Accepting Côte d’Ivoir electoral event with solid affirmation while rejecting Iraq and Afghanistan electorate choices notwithstanding the intervention in promoting Sudan secession against Ivory Coast unification poses a credibility factor due to inconsistency and selective gerrymandering.

Abandoning discriminatory policy in political resolutions would enhance trust and improve international relations vital for universal peace.

President Laurent Gbagbo resignation from power would provide the leader an opportunity to step down with dignity besides restoring political stability paramount to end the violence.

Power is powerful in the empowerment of powerless and not otherwise.

It is sincerely hoped that President Laurent Gbagbo would heed to the people preference via ballots on November 2010 and pursue a peaceful exit from the office of Presidency.

Allowing rationality to prevail in this regard would save many lives apart from letting the healing process to begin.

Wishing eternal peace and prosperity to Côte d’Ivoir citizens with a rapid conclusion to political stalemate.

Thank you.

Padmini Arhant

Stock Market Performance

October 14, 2008

The Stock Market came roaring back on October 13, 2008 and was a major cause for celebration across the globe.

The collective and collaborative effort by the “Heads of Government” through G7 and G20 meetings, in coordination with the global monetary authorities like the World Bank and the International Monetary Fund yielded the much-required morale boost in the financial markets. Their immediate action to respond to the crisis is praiseworthy.

Despite the consolidated action to jumpstart the markets, the stock market is struggling to sustain the momentum gained on the previous day. Obviously, the indication is that the measures in the past hours and days to guarantee the smooth functioning of the financial system is not adequate.

A selective opinion highlighting the reasons for the problems currently experienced in the credit markets –

Source – http://www.americaneconomicalert.org – Thank you.

Why Federal Reserve Policy is Failing

Monday, October 06, 2008

Commentary by Thomas I. Paley, Ph.D.

The Federal Reserve and U.S. Treasury continue to fail in their attempts to stabilize the U.S. financial system. That is due to failure to grasp the nature of the problem, which concerns the parallel banking system. Rescue policy remains stuck in the past, focused on the traditional banking system while ignoring the parallel unregulated system that was permitted to develop over the past twenty-five years.

This parallel banking system financed vast amounts of real estate lending and consumer borrowing. The system (which included the likes of Thornburg Mortgage, Bear Stearns and Lehman Brothers) made loans but had no deposit base. Instead, it relied on roll-over funding obtained through money markets. Additionally, it operated with little capital and extremely high leverage ratios, which was critical to its tremendous profitability. Finally, loans were often securitized and traded among financial firms.

This business model has now proven extremely fragile. First, the model created a fundamental maturity mismatch, whereby loans were of a long term nature but funding was short-term. That left firms vulnerable to disruptions of money market funding, as has now occurred.

Second, securitization converted loans into financial instruments that could be priced according to market conditions. That was fine when prices were rising, but when they started falling firms had to take large mark-to-market losses. Given their low capital ratios, those losses quickly wiped out firms’ capital bases, thereby freezing roll-over funding.

In effect, the parallel banking business model completely lacked shock absorbers, and it has now imploded in a vicious cycle. Lack of roll-over financing has compelled asset sales, which has driven down prices. That has further eroded capital, triggering margin calls that have caused more asset sales and even lower prices, making financing impossible for even the best firms.

Though the parallel banking system engaged in riskier lending than the traditional banking system, those differences were a matter of degree. Traditional banks like Washington Mutual, Wachovia, and Citigroup have also all lost huge sums. However, the traditional banking system is more protected for two reasons.

First, traditional banks are significantly funded by customer deposits. Ironically, such deposits can be withdrawn on demand and are in principle even more insecure than short term roll-over funding. However, they stay in place because of federally provided deposit insurance.

Second, traditional banks are significantly shielded from mark-to-market accounting because they hold on to many of their loans. These loans are therefore priced by auditors on a mark-to-realization basis. However, if they were securitized their market value would be significantly lower owing to current disruptive market conditions.

The bottom line is that the banking system is in better shape not because of its virtues, but because of policy. Deposit funding is safe because of deposit insurance. Banks are spared mark-to market losses because of different accounting rules. And the Federal Reserve is providing banks with massive liquidity infusions through its discount window and its various emergency auction facilities.

Policy has therefore ring-fenced traditional banks. But in the meantime it has left the parallel system in the cold, leaving a gaping hole in the policy dyke.

This policy stance reflects the Fed’s continuing attachment to an antiquated view of the system whereby it takes responsibility for traditional banks and nothing else. Such a policy makes no sense and will fail. The Fed encouraged development of the parallel system, and that system undertakes many of the same activities as traditional banks. Meanwhile, failure of the parallel banking system will continue putting downward pressure on asset prices and lender confidence.

The Treasury’s proposed seven hundred billion dollar asset purchase program will help put a needed floor under asset prices. However, it does nothing to tackle the parallel banking system’s roll-over funding crisis that is crimping lending and pushing firms into bankruptcy. That is causing distress to spread far beyond the mortgage market, undermining the ability of any asset purchase program to put a floor under asset prices.

The urgent implication is the Fed (and other central banks) must extend its safety network to include the parallel banking system. Just as the traditional banking system needs liquidity assistance, so too does the parallel system. That assistance can be provided through such vehicles as the discount window and Federal Reserve auction facilities, and it should be allocated to qualified firms able to post appropriate collateral.

A credit based system is a chain, and a chain is only as strong as its weakest link. The Federal Reserve’s antiquated view has it protecting links connected to the traditional banking system while neglecting everything else. That is a recipe for failure.

Dr. Thomas Palley is a widely published economist and was formerly Chief Economist at the US-China Economic and Security Review Commission.

Analysis: Certainly, the emphasis is on the oversight with effective policies for the entire financial structure to alleviate stagnation in the liquidity markets. The investor confidence overall is marred with concerns and skepticism despite stunning performance on October 13, 2008.

The resistance from the free market system towards proposed measures is one of the factors for the current trend. However, the necessary action could eliminate many underlying problems surrounding the entire financial infrastructure, contributing to the volatility in the markets.

Meanwhile, the investors’ active participation to restore momentum and strengthening market gains across all sectors is important for the common good and benefit in the short and long run.

An optimistic approach to the crisis with an absolute integrity in the implementation of policies will assist the markets to rebound now and in the future.

Thank you.

Padmini Arhant