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About this Episode
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On October 26, 1972, Henry Kissinger momentously announced: “Peace is at hand.” According to Kissinger, North Vietnam and their Vietcong allies were about to see the light, lay down their weapons, and come to terms with the US and its South Vietnamese vassal.
Kissinger’s announcement made screaming front page headlines. It electrified the country, coming as it did seven years after US involvement in Vietnam had become a quagmire, and five years after American public opinion had turned decisively against the war. The American people were sick of the war, and Kissinger’s bombshell promised not just peace, but “peace with honor.”
Kissinger stunned the world with his peace announcement just twelve days before his boss, President Richard Nixon, sought re-election against antiwar challenger George McGovern. Though McGovern’s campaign had been hobbled not only by its own mistakes, but also by a long list of “dirty tricks” by pro-Nixon covert operations, Nixon’s campaign still faced the problem of the election potentially becoming a referendum on the war, which conceivably could allow McGovern to snatch victory from the jaws of looming defeat.
McGovern’s last-ditch hope was dashed by Kissinger’s “peace is at hand” bombshell. The media ate it up, and most Americans bought into Kissinger’s claim that the war was effectively over. Nixon won reelection in a landslide. Less than two months after Kissinger’s peace proclamation, the Nixon administration launched the Christmas carpet bombing of North Vietnam, dropping 20,000 tons of ordnance and killing thousands of civilians. Peace, least of all “with honor,” was apparently not quite at hand.
In January 1973, Kissinger referenced his “peace is at hand” remark of a few months earlier at a news conference, causing an eruption of cynical laughter among the assembled reporters. The real end of the war came more than two years later, on April 30, 1975, when Saigon finally fell. It was an abject US defeat, with no “honor” whatsoever. Indeed, the dishonor only mounted as Nixon, Kissinger, and their successors refused to pay Vietnam the promised war reparations, leading the Vietnamese to covertly hold on to about half of the US servicemen they had captured, virtually all of whom suffered and died in atrocious conditions as political and media elites averted their collective gaze.
Today, US president Donald Trump is waging an even more unpopular war, this time against Iran. Like Kissinger on the eve of the 1972 elections, Trump seeks political gain via bogus “peace is at hand” announcements. But Trump’s gains, unlike Nixon’s and Kissinger’s, may be (criminally) financial as well as political.
Last Wednesday, the Kobeissi Letter reported:
BREAKING: According to our analysis, ~$920 million worth of crude oil shorts were taken 70 minutes before an Axios report claimed the US and Iran were near a "14-point" deal to end the war.At 3:40 AM ET today, nearly 10,000 contracts worth of crude oil shorts were taken without any major news.This is equivalent to ~$920 million in notional value, an unusually large trade for 3:40 AM ET.At 4:50 AM ET, just 70 minutes later, Axios reported that the US is "close" to a "memorandum of understanding" to end the Iran War.By 7:00 AM ET, oil prices had fallen over -12% with these crude oil shorts gaining approximately +$125 million.Minutes later, Iran launched the "Persian Gulf Strait Authority" and oil prices surged +8%.What just happened?
Mainstream and quasi-alternative media, for once, picked up the story. Business Insider reported that “Online sleuths are raising more red flags around suspiciously timed Iran-war oil trades.” Common Dreams noted the “Epic Insider Trading.” The Daily Beast wryly noted that “Trump’s DOJ Is Investigating.” (Just like foxes are investigating alleged crimes at the henhouse.)
What galled many observers wasn’t just the brazen scope of the enormous insider bet that oil prices would briefly fall, but the maddening fact that this has been happening over and over again: Trump hysterically barks out bloodcurdling threats, oil prices rise, Trump says peace is at hand a few minutes or hours after insiders bet on falling prices, prices fall, insiders collect jackpot, Iran denies Trump’s BS claims, prices rise again, Trump utters new bloodcurdling threats, rinse-and-repeat.
The BBC was already onto it two weeks ago, a week before the latest billion-dollar bet:
According to the Daily Beast:
At least four traders made a combined $2.6 billion in the oil market by wagering that oil prices would drop shortly before Trump made major moves, according to trade data from the London Stock Exchange Group shared with ABC News.
The suspected insider trades happened on March 23, April 7, April 16, April 21, and again last Wednesday, May 6. All came on the eve of highly dubious “peace” announcements.
The SEC is supposed to be investigating these and other examples of apparent insider trading, a crime that can bring up to 20 years in federal prison. But according to Senator Elizabeth Warren of the US Senate Committee on Banking, Housing, and Urban Affairs: “The SEC’s job is to make sure our markets are fair and honest. But nearly a year into running the agency, Chair (Paul) Atkins is unleashing a Golden Age of Fraud…the Trump SEC has gutted oversight and enforcement tools, even proposing to dismantle the database that helps the SEC catch insider trading, market manipulation, and other corporate crime.” Atkins, a Trump crime family crony, apparently sees his job as running interference for the Trumps’ accumulation of double-digit billions in personal enrichment via various criminal schemes.
Trump, who was supposedly elected to “drain the swamp,” has turned out to be the swampiest president in all of history. And though I’m not surprised—back in 2015 I was calling out Trump as a Kosher Nostra frontman initiated into organized crime (and depraved sexual practices involving political blackmail) by his mentor Roy Cohn from 1973 through 1986—it seems that a fair number of MAGA true believers are only now beginning to wake up and notice what kind of monster they voted for.
Shameless Chutzpah
What Trump learned from Roy Cohn can be summed up in two words: shameless chutzpah. While some may call that a pleonastic pleonasm (i.e. a repetitious redundancy), since chutzpah is by definition shameless, we Arabic speakers know that seemingly unnecessary repetition can be used for emphasis and intensification. Trump’s chutzpah takes shamelessness to the next level.
Chutzpah is a quintessentially Jewish thing. It’s a Yiddish word describing an attitude that is not only common in Jewish culture, but seen as more of a good thing than a bad thing. The self-made orphan with the gall to throw himself on the mercy of the court is not merely a target of ridicule; he is also admirable, especially if he somehow gets away with it. Jews teach their children about the positive side of chutzpah:
Roy Cohn, a mob lawyer and mob lieutenant (maybe even a colonel or general) perfectly embodied chutzpah. He rarely bothered to prepare for his court cases, because he always won them when his opponents learned that they were up against the mob and dropped out.
Trump was Cohn’s goy boy toy. It’s actually surprising that Cohn, who died of AIDS (which may actually be undiagnosed syphilis more often than not) never gave Trump the pox. Or did he? In this week’s False Flag Weekly News (watch it above) Dr. E. Michael Jones opines that Trump is indeed suffering the the symptoms of advancing syphilis, which can cause mood swings, memory loss, impaired judgment, confusion, delusions, mania, delirium, and sudden outbreaks of socially-inappropriate anger, hostility, and aggression. Take Trump’s Easter Sunday tweet:
Following that notorious tweet, Pope Leo uttered a saccharine pro-peace bromide or two, which triggered Trump, who once again lost all self-control and began tweeting out politically ill-advised attacks on the Pontiff, compounding the damage by posting a picture of himself as “Dr. Jesus” a week after Easter.
In Jewish culture, and among boldly amoral people in general, chutzpah is only good when you can get away with it. The self-made orphan who somehow convinces the naive goy judge to release him—perhaps by insisting that he is not just an orphan but a Holocaust survivor to boot, and that holding him responsible for his crime would be antisemitic—is exemplary; whereas a less talented or less lucky parricide, whose excuse is rejected and who is sentenced to hang for murdering his parents, becomes a cautionary tale and a figure of fun.
Trump’s increasing recklessness, whether caused by syphilis, advancing age, or too many diet cokes, is causing him to run the risk of getting caught. Did he really think he could get away with his lame attempt to regime-change Iran? Does he imagine his insanely erratic tweets will somehow strengthen his bargaining position and burnish his reputation? Does Don Jr. or Jared or whoever is making the insider bets really think they’ll escape scot-free in perpetuity?
The Trump regime’s out-of-control chutzpah, like that of the parricide orphan pleading with the judge for mercy, is begging for comeuppance. And Iran seems poised to deal it out with a vengeance.
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