Tuesday, July 1, 2014

Whistle blower alert ( July 1 , 2014 ) Cryptome claims all Snowden files will be published in July to avert a war ........ Considering there is an ongoing civil war in Syria , an ongoing civil war in Ukraine , a triparte sectarian battle royale ongoing in Iraq between the Kurds / Shi'a and Sunnis -- what specific " War " is contemplated ?

http://www.zerohedge.com/news/2014-07-02/yet-another-idiot-economist-says-war-good-economy

( Cheerleading for War calls - just interesting coincidental timing ? )


(Another) Idiot Economist Says We Need "Major War" to Save the Economy

George Washington's picture





Preface: Two weeks ago, well-known economist Tyler Cowen (a professor at George Mason University) argued in the New York Times that wars – especially “major wars” -  are good for the economy.
Cowen joins extremely influential economists like Paul Krugmanand Martin Feldstein – and various talking heads – in promoting this idea.
Also, many congressmen assume that cutting pork-barrel military spending would hurt their constituents’ jobs.
It is vital for policy-makers, economists and the public to have access to a definitive analysis to determine once and for all whether war is good or bad for the economy.
That analysis is below.

Top Economists Say War Is Bad for the Economy

Nobel-prize winning economist Joseph Stiglitz says that war is bad for the economy:
Stiglitz wrote in 2003:
War is widely thought to be linked to economic good times.The second world war is often said to have brought the world out of depression, and war has since enhanced its reputation as a spur to economic growth. Some even suggest that capitalism needs wars, that without them, recession would always lurk on the horizon.Today, we know that this is nonsense.The 1990s boom showed that peace is economically far better than war. The Gulf war of 1991 demonstrated thatwars can actually be bad for an economy.
Stiglitz has also said that this decade’s Iraq war has beenvery bad for the economy. See this,this and this.
Former Federal Reserve chairman Alan Greenspan also said in that war is bad for the economy. In 1991, Greenspan said that a prolonged conflict in the Middle East would hurt the economy. And he made this point again in 1999:
Societies need to buy as much military insurance as they need, but to spend more than that is to squander money that could go toward improving the productivity of the economy as a whole: with more efficient transportation systems, a better educated citizenry, and so on. This is the point that retiring Rep. Barney Frank (D-Mass.) learned back in 1999 in a House Banking Committee hearing with then-Federal Reserve Chairman Alan Greenspan. Frank asked what factors were producing our then-strong economic performance. On Greenspan’s list:“The freeing up of resources previously employed to produce military products that was brought about by the end of the Cold War.” Are you saying, Frank asked, “thatdollar for dollar, military products are there as insurance … and to the extent you could put those dollars into other areas, maybe education and job trainings, maybe into transportation … that is going to have a good economic effect?”Greenspan agreed.
Economist Dean Baker notes:
It is often believed that wars and military spending increases are good for the economy. In fact, most economic models show that military spending diverts resources from productive uses, such as consumption and investment, and ultimately slows economic growth and reduces employment.
Professor Emeritus of International Relations at the American University Joshua Goldstein notes:
Recurring war hasdrained wealth, disrupted markets, and depressed economic growth.

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War generallyimpedes economic development and undermines prosperity.
And David R. Henderson – associate professor of economics at the Naval Postgraduate School in Monterey, California and previously a senior economist with President Reagan’s Council of Economic Advisers – writes:
Is military conflict really good for the economy of the country that engages in it? Basic economics answers are sounding “no.”

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http://rt.com/usa/169700-cryptome-war-snowden-docs/




Cryptome claims all Snowden files will be published in July to avert a war






Published time: July 01, 2014 17:13



Screenshot from cryptome.org
Screenshot from cryptome.org
​All of the National Security Agency files accessed by former contractor Edward Snowden could be published in the month of July if vaguely worded predictions tweeted this week from the digital library site Cryptome prove to be correct.
A series of micro-messages published by the website — a portal for sharing sensitive documents that predates WikiLeaks by a decade — suggest further Snowden leaks may be on the way.
“During July all Snowden docs released” reads an excerpt from one Cryptome tweet sent on Monday this week. “July is when war begins unless headed off by Snowden full release of crippling intel. After war begins not a chance of release,” reads another tweet sent from Cryptome on Monday this week. “Only way war can be avoided. Warmongerers [sic] are on a rampage. So, yes, citizens holding Snowden docs will do the right thing,” insists another.

July Spy Syzygy: HOPE Anti-Spy July 18-20; Aspen Pro-Spy July 23-26; Cryptome Kick-Spy ends July 27. During July all Snowden docs released.