"In his 1996 memoir, From the Shadows, Gates avoided explaining how the CIA exaggerated Soviet military forces, although he spent a great deal of his working life at the CIA tailoring national intelligence estimates on Soviet military capability and intentions.

"Obama genuinely believes in change in international security. In his inaugural address, he emphasized that “our power alone cannot protect us, nor does it entitle us to do what we please.” He argued that the “world has changed, and we must change with it.”

"Defense Secretary Gates, on the other hand, has traditional notions on the importance of post-Cold War military supremacy. He believes that American military policy and the weapons we bought to defend ourselves won the Cold War against the Soviet Union.  

"Is the Israel lobby in Washington an all-powerful force? Or is it, perhaps, running scared?

"Judging by the outcome of the Charles W. ("Chas") Freeman affair this week, it might seem as if the Israeli lobby is fearsome indeed. Seen more broadly, however, the controversy over Freeman could be the Israel lobby's Waterloo. 

"As a start, right-wing partisans of Israel have grown increasingly anxious about the direction that President Obama intends to take when it comes to U.S. policy toward Israel, the Palestinians, Iran, and the Middle East generally. Despite the way, in the middle of the presidential campaign last June, Obama recited a pro-Israeli catechism in a speech at AIPAC's national conference in Washington, they remain unconvinced that he will prove reliable on their policy concerns. Among other things, they have long been suspicious of his reputed openness to Palestinian points of view.

"No less important, while the appointments of Hillary Clinton as his secretary of state and Rahm Emanuel as his chief of staff were reassuring, other appointments were far less so. They were, for instance, concerned by several of Obama's campaign advisers -- and not only Robert Malley of the International Crisis Group and former National Security Adviser Zbigniew Brzezinski, who were quietly eased out of Obamaland early in 2008. An additional source of worry was Daniel Shapiro and Daniel Kurtzer, both Jewish, who served as Obama's top Middle East aides during the campaign and were seen as not sufficiently loyal to the causes favored by hardline, right-wing types.

"Since the election, many lobby members have viewed a number of Obama's top appointments, including Shapiro, who's taken the Middle East portfolio at the National Security Council, and Kurtzer, who's in line for a top State Department job, with great unease. Take retired Marine general and now National Security Advisor James L. Jones, who, like Brzezinski, is seen as too sympathetic to the Palestinian point of view and who reputedly wrote a report last year highly critical of Israel's occupation policies; or consider George Mitchell, the U.S. special envoy to the Middle East, who is regarded by many pro-Israeli hawks as far too level-headed and even-handed to be a good mediator; or, to mention one more appointment, Samantha Power, author of A Problem from Hell and now a National Security Council official who has, in the past, made comments sharply critical of Israel." 

Mike Whitney at Counterpunch writes about TALF and the disaster Geithner and Bernanke plan to perpetrate on the American people; future generations will be swimming and drowning in red ink.

"Fed chief Ben Bernanke's new funding facility is a real doozy. In fact, if the Term Asset-Backed Loan Facility or TALF, which is set to launch on Thursday, doesn't convince the American people that it's time to take a wrecking ball to the Central Bank and start over, than nothing will. Bernanke and his co-conspirator at Treasury, Timothy Geithner, are planning to revive the shadow banking system by dumping $2 trillion into the same over-leveraged, derivatives-based garbage that blew up the financial system in the first place. All the blabbering about a "good bank-bad bank" remedy appears to have been a diversion. This is how Bloomberg sums it up:

"Geithner’s program has three main elements: Injecting fresh government capital into some of the country’s biggest financial institutions; establishing a public-private partnership to handle as much as $1 trillion of banks’ bad assets; and starting a credit facility with the Federal Reserve of as much as $1 trillion to promote lending to consumers and businesses.

The Treasury hopes to unfreeze credit markets by providing new incentives to banks and investors to resume trading in mortgage securities and other troubled assets. U.S. regulators are conducting a new series of examinations to make sure banks have enough capital to accept losses when selling these assets, while also planning to provide government financing to the investors who might buy them." (Bloomberg News)

"That's right; $1 trillion for Bernanke's TALF and another trillion for Geithner's so called "Public-Private Partnership". That's $2 trillion down a derivatives sinkhole just to preserve the illusion that the banks are still solvent. Bernanke has decided to shrug off the advice of nearly every reputable economist in the country, most of whom are pushing for a government takeover of the failing banks (nationalization), just to toss his shifty banking buddies a lifeline. It doesn't bother him that the public till has already been looted and that his action will leave the next generation of Americans bobbing in a pool of red ink.