Marginalia

Odd scraps, bits and pieces, notes from other blogs and other stuff.


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In early August of this year, the BRICS countries—Brazil, China, India, Russia and South Africa—launched a series of initiatives aimed at altering the current structure of international finance. Besides pushing to dethrone the dollar as the world’s reserve currency, the organization created a development bank and a Contingent Reserve Arrangement (CRA). The former would allow countries to by-pass the IMF and the World Bank, with their tightfisted austerity fixation, and the latter would give countries emergency access to foreign currency. Sanctions & the Dollar » CounterPunch: Tells the Facts, Names the Names
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Reblogged from orthopilgrim
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For America, Britain and the Western powers, the rise of Isis and the Caliphate is the ultimate disaster. Whatever they intended by their invasion of Iraq in 2003 and their efforts to get rid of Assad in Syria since 2011, it was not to see the creation of a jihadi state spanning northern Iraq and Syria run by a movement a hundred times bigger and much better organised than the al-Qaida of Osama bin Laden. The war on terror for which civil liberties have been curtailed and hundreds of billions of dollars spent has failed miserably. The belief that Isis is interested only in ‘Muslim against Muslim’ struggles is another instance of wishful thinking: Isis has shown it will fight anybody who doesn’t adhere to its bigoted, puritanical and violent variant of Islam. Where Isis differs from al-Qaida is that it’s a well-run military organisation that is very careful in choosing its targets and the optimum moment to attack them. Patrick Cockburn · Isis consolidates · LRB 21 August 2014
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Tumblr broken

Tumblr seems to be pretty dysfunctional at the moment. It’s supposed to link
to Facebook, but that doesn’t seem to be working any more.

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Reblogged from samscrap

The EU and US instigated, financed and supported the Maidan movement, installed their very own handpicked government in Kiev, established an army aimed at eradicating all signs of discontent among Russian speaking Ukrainians in east Ukraine, with crucial parts played by CIA, Blackwater and various other mercenaries, blamed Putin for the downing of a plane without providing any evidence whatsoever of his involvement, announced a second series of economic sanctions on Russia, and then claim Russia has no reasons at all to announce its own set of counter sanctions.

It would be funny if it weren’t so out there.

Europe teeters on the edge (via samscrap)