Who Profits from Ukraine’s War

an investigative report, by Eric Zuesse,
RINF Alternative News

To start with, an explanation is needed for this article’s sheer length:

The civil war now raging inside Ukraine is a turning-point in world history, regarding many different respects:

For one thing, this civil war was produced as the direct result of the 2014 coup in Ukraine that was carried out by the Obama Administration in much the same general way that the Eisenhower Administration had carried out the 1953 coup in Iran that installed the Shah there, but the impact of Obama’s Ukrainian coup will be even bigger long-term than that earlier one produced (and we all live with that earlier one even today after the Shah’s overthrow in 1979), because this one will either extend “the American Century” or else end it. (“The American Century” is the period of the U.S. dollar’s serving as the global reserve currency. Americans living today tend to take that for granted, but so too did the Brits when the pound was king, until their Empire collapsed.) (And see this, for a shocker on the global-reserve-currency matter: the battle over this matter could actually split the Western Alliance itself.)

A protester wearing a Ukrainian flag walks past a burning tent camp and a fire in the trade union building in Odessa

Secondly, the Ukrainian coup and the ethnic-cleansing campaign now going on by the coup-government that we have installed there to impose our coup on the country’s resistant local populations in the southeast, are even more clearly fascistic than was Eisenhower’s coup and subsequent U.S. reign in Iran, and are even more brutal than our previous coups, such as those that brought down Arbenz in Guatemala, and Allende in Chile. None of those previous coups entailed quite so blatant and widespread an ethnic-cleansing campaign following it, as Obama’s coup in Ukraine does. There was no blatantly Hitlerite movement in any of those countries, but there is in Ukraine, and it now dominates the government. Ukraine is different.

And, thirdly (and we won’t go beyond three), Obama’s coup’s being right next door to the other major nuclear power, Russia — which is its real target — actually does pose the danger of a nuclear war between these two countries as a very possible outcome, which would destroy all of civilization. None of our earlier coups presented any threat of a nuclear war.

So, this report will be lengthy on account of the sheer historical magnitude of the stakes here.

An actual ethnic-cleansing — a campaign of “either leave or else die” — is occurring right now inside Ukraine as a direct and intended consequence of a decision that was made by, and that is continually being reinforced by, Barack Obama. From the standpoint of Obama, the ethnic cleansing is not being done with any specifically genocidal (or “racist”) intent; but, at the bottom levels (the level of the troops who are carrying it out) there indeed is a very strong ethnic hatred of the Russian-speaking population, and so it is overtly naziistic (or hate-driven fascism) at those lower levels. The focus of the present article is on the motivation of the deciders, the aristocratic psychopaths at the top of the operation, and not on the motivation of the far-more-numerous sheer bigots at the bottom. No one can understand an organized campaign like this if the focus is on motivation anywhere other than at the very top, since that’s what actually led the operation. Even if the riots here might look as if they were unplanned, they were highly organized, carried out with strict discipline at the very top — as will here be demonstrated.

A 41-minute documentary has been produced and is online, “Ukraine Crisis Today,” interviewing “terrorists” (as our side calls them) who have been bombed by the Ukrainian Government. We — that is, the United States — installed this Ukrainian government, on February 22nd, in a coup (falsely presented as a democracy movement, but run actually by the U.S. CIA and two Ukrainian fascist parties) against Ukraine’s democratically elected President, Viktor Yanukovych. The government that we installed is now bombing the areas of Ukraine where the voters had voted overwhelmingly for Yanukovych, in Ukraine’s last national election, which took place during February 2010. Our side calls the residents of the Yanukovich-supporting areas “terrorists.” Those are the people our Ukrainian regime bombs.

In the documentary, one hears the bombs go off there, and sees the burning buildings, and the corpses. This is not collateral damage in a war, but instead it’s the targets of the Obama-initiated ethnic-cleansing campaign, to get rid of the people who voted for Yanukovych, to get them to die, or else to flee to Russia. Obama just doesn’t want them to be voting when the next real election is held throughout Ukraine — he wants them to be gone by then (so that he can install a NATO nuclear-missile site there, a mere ten minutes away from being able to annihilate Moscow). And this is how that’s done. It’s a messy job. You just keep dropping bombs on them, and they’ll get the message that they’re not wanted by their new, Obama-installed, Ukrainian government.

Professor M.F. de Noli, of Sweden’s Karolinska Institute, is the first person to fit the parts together to explain the profit-interests that are behind the February 22nd coup that overthrew Ukraine’s democracy, and that replaced it with a government controlled by a coalition of two nazi parties and two fascist parties. (The difference between these two respective ideologies is that nazism is the specifically racist form of fascism. The current government of Ukraine is 100% fascist, but it’s not 100% nazi. So, that’s the ideological background behind the civil war in Ukraine: both types of fascism run the government there, after Obama’s Ukrainian coup in February.)

Writing at professorsblog.com, this great historian, Dr. de Noli, noticed that whereas in “Berlin 27 Feb 1933, Nazis set fire the Reichstag, and Adolf Hitler blames ‘pro-Russian gangsters’,” a chief instigator of the 22 February 2014 Ukrainian coup was a leading Swedish nazi, Sweden’s Foreign Minister Carl Bildt, and that a remarkably similar tactic was used by Bildt and the Obama Administration to start the Ukrainian civil war. De Noli notes that this war was sparked and made inevitable when in “Odessa 2 May 2014, nazis set fire [to the Trade] Union building and Carl Bildt blames ‘pro-Russian gangsters’.” In both of the two instances (first, with Hitler, and then with Obama), a “false-flag operation” was employed in order to confuse onlookers regarding which side the perpetrators of these fires and explosions actually were on. For example, in the Odessa event, the thugs wore armbands with anti-nazi insignia but were actually from the two Ukrainian nazi parties, Svoboda and Pravy Sektor. They used those armbands in order to confuse onlookers to think that the people who were setting fire to the anti-nazis were themselves anti-nazis. This was a very carefully planned operation, and you can see here and here, video documentation of the thugs who did it and who are still doing violent false-flag operations inside Ukraine: these people are Ukrainian nazis, not German ones, but they model themselves upon the German original, as you can see from their own insignia, which are shown in those videos, and which insignia vary little from the swastika and the SS symbol. Ukraine’s nazis are rather bold about modeling themselves upon Hitler’s Nazis — the original nazis.

The more-elementary background isn’t provided by de Noli, and so I’ll just summarize it here (although I have done it previously): The U.S. was backing Ukrainian nazis, even before Barack Obama became the U.S. President, so Obama was continuing George W. Bush’s policy on this (as on so many other matters). Actually, the CIA was advising Ukraine’s nazis (both of its two nazi, or racist-fascist, parties) at least as early as 2004, under Bush’s regime. Due to this, for example, one of Ukraine’s two nazi parties, the Social Nationalist Party of Ukraine (inverting Hitler’s “National Socialist Party of Germany), changed its name to “Svoboda” or “Freedom,” in order to make it seem more appealing to the rising numbers of American libertarians or supporters of “freedom” or “liberty” (a slogan heavily promoted by America’s aristocracy, who crave liberty only for themselves: liberty from and against democratic government, such as freedom from regulatory agencies — aristocrats tend to hate democracy, because it regulates them and so provides some modicum of accountability, which threatens them, and they cannot stand any accountability, at all). Svoboda is one of the two Ukrainian nazi parties in the country’s present four-party ruling coalition, and the other two parties are merely fascist. The other nazi party is called “Right Sector,” which is a phrase by which the party refers to itself as being right wing, instead of as being “libertarian” or “pro-business” or “free-market.” Though these two nazi parties market themselves slightly differently, they’re actually pretty much the same.

A good background-article from Greg Rose, on the installation of both of Ukraine’s nazi parties into the Obama post-coup government, was issued shortly after the coup, and was titled “Ukrainian Ultra-Rightists Given Major Cabinet Posts in Government.” The same power-structure exists in the Ukrainian government today, though there have been some personnel-shifts, so that the article by Rose is still current. As per guidance by Obama’s agent on Ukraine, Victoria Nuland, most of the cabinet posts in the new government went to Yulia Tymoshenko’s Fatherland Party, which is an extreme-nationalist party but smart enough to avoid public idolization of Ukraine’s own native nazi, Stepan Bandera (the great hero to both Right Sector and Freedom), who had led Ukraine’s most-extreme-nationalist party when Hitler’s troops marched in and took them over. (The famous phone call during the coup, in which Victoria Nuland told the U.S. Ambassador to Ukraine that “Yats is the guy” to run the new government, was referring to Tymoshenko’s main agent, Arseniy Yatsenyuk. Nuland chose him to lead the country because his boss Tymoshenko herself — who was called “the eleven billion dollar woman,” and “the gas princess” — was still in prison on a corruption conviction; she hadn’t yet been released from prison, and that’s why “Yats is the guy,” and not “Tymoshenko is the person.”) A very minor party in today’s coalition is Vitaly Klitschko’s UDAR Party, which is somewhat like America’s Republican Party, or Britain’s Tories. They received almost no government posts; they weren’t sufficiently far-right to suit Obama’s nazi intentions, which are now being carried out in Ukraine under the ethnic-cleansing campaign.

Immediately, the U.S. received a big payoff from the coup. A Right Sector official Stepan Kubiv was appointed on February 24th as Chairman of the National Bank of Ukraine, Ukraine’s Ben Bernanke. As I have reported on several occasions (here with links to multiple sources), “more than 40 heavy boxes” of gold were reported to have been secretly flown from the National Bank of Ukraine to the U.S. Federal Reserve Bank’s sub-basement at 33 Liberty Street off Wall Street, in the early morning hours of March 7th. This happened within less than two weeks of the coup. This gold would constitute about $2 billion being paid to the U.S. after (according to Victoria Nuland) the U.S. Government had already spent “more than 5 billion dollars” to install Kubiv and his colleagues in control of Ukraine. Ukraine’s total “official gold holdings” as of March 2014 were 42.3 tons. This tonnage was unchanged from the month before. So, on the official numbers, that’s what would have constituted the cargo aboard this flight. If each one of those “heavy boxes” contained exactly one ton, then it would make sense that “more than 40 heavy boxes” were boarded onto that flight. The first report of this alleged shipment was Russia’s iskra-news.info, on March 7th. Later that same day, Marcus Brooks of NewsWire-24 headlined Ukrainian Gold Reserves Loaded on an Unidentified Transport Aircraft in Kiev’s Borispol Airport and Flown to Uncle Sam’s Vault.” He wrote: “A source in the Ukrainian government confirmed that the transfer of the gold reserves of Ukraine to the United States was ordered by the acting [now permanent] P[rime] M[inister] Arseny Yatsenyuk.” Then, on March 10th, the Gold Anti-Trust Acton Committee asked the Federal Reserve system “whether the United States has taken custody of Ukraine’s gold reserves” and never received back a response. That same day, the zerohedge blog posted a commentary closing: “We hope, for their sake, they weren’t also just ‘liberated’ of all their gold, which after a brief stay 80 feet below the surface at 33 Liberty, will promptly find its way either to the Bundesbank, or to the billionaire oligarchs, based either in London or elsewhere, and currently in charge of ‘post-liberation’ Ukraine.” So: the huge unpaid debt that Ukraine owes to Russia is even less likely to be repaid, because the people in control of Ukraine started immediately by cleaning out the national central bank’s gold in order to pay back some of the mere $5+ billion they owe to their U.S. Government benefactors — and, of course, they’ve now got to pay U.S. firms for the loads of weapons with which to exterminate the residents in Ukraine’s southeastern half (as they’re now doing). Ukraine owes Russia tens of billions of dollars, and so Obama’s policy of getting Ukraine to pay off western banks and central banks before a penny will go eastward, to Russia, is part of his plan in the scheme.

My personal research has established that Carl Bildt was among the invitees present at the annual private international nazi Bilderberg meetings, in both 2013 and 2014, and that a major topic of discussion at both of those meetings was the planned nazification of Ukraine, the takeover of Ukraine by that country’s nazis. Both the Right Sector Party and the Freedom Party crave to exterminate ethnic Russians, much the same as Germany’s Nazis craved to exterminate Jews. So, the “racism” that Obama installed into power by his coup is specifically anti-Russian: an ethnic hatred of Russians. Other Bilderberg attendees during both of those years (2013 and 2014) were Christine LaGarde, Lawrence Summers, Robert Rubin, John Kerr, David Petraeus, and the heads of many investment firms that control weapons-makers and fossil-fuel companies (Ukraine has undeveloped deposits of that). Also present at the 2014 meeting, but not in 2013, was Anders Fogh Rasmussen, the head of NATO, which strongly wants Ukraine to become a member of that anti-Russian military alliance. NATO is basically the world’s largest buyers’ cooperative for military hardware, and it’s committed to conquering Russia so that there will be no nation outside (or independent from) Washington’s orbit of control.

De Noli points out that Carl Bildt “is a genuine US government agent” and a passionate supporter of U.S. global control, or as de Noli puts it, “extreme views on America … ‘über alles’.” De Noli notes that a Swedish newspaper reported that “Wikileaks has diplomatic reports that allegedly show that foreign minister Carl Bildt is communications officer for the United States,” but that Bildt said that this report was just a “smear.” De Noli notes that throughout Bildt’s career, Bildt has displayed a “fascistic approach to violence against demonstrators,” and that explicitly Bildt condems the anti-fascist demonstrators who were burned alive inside Odessa’s Trade Unions Building on May 2nd, in the incident that sparked Ukraine’s civil war — this event (carried out under Washington’s orders) proved to all Ukrainians who were of Russian ethnic background and whose mother-tongue was Russian, that they were viscerally hated by the group that the U.S. had just placed into power. Immediately, men in the southeastern half of Ukraine started acquiring guns, to protect themselves and their families from Kiev’s forces. Odessa’s massacre was seminal.

The way this massacre was operated has been most succinctly described in a blog-post titled “The Truth About the Odessa Massacre”:

“Videos from many different clips, made by many different photographers, some of them even from the pro-junta side, tell, however, another story [than the official one]. They show that the ‘pro-Russian activists’ who attacked the ‘peaceful pro-Ukrainian rally’ in reality were pro-junta activists who had put on St. George [anti-junta] ribbons to make them look like pro-Russians. The videos show clearly how they collaborated with policemen who, just like the ‘false-flag’ activists, were dressed with red armbands [another pro-Russian symbol: both red armbands and St. George ribbons were pro-Russian, anti-nazi]. Their task was to ignite the ‘peaceful rally’ [the actually rowdy group of pro-Kiev soccer-fans] and drag [draw] them towards the Kulikovo field [in front of the Trade Unions Building] … where the real anti-fascist demonstrators had their camp [in tents, in front of the Trade Unions Building]. Also the ‘peaceful pro-Ukrainian rally’ was in reality a gang of football [our lingo ‘soccer’]-hooligans especially brought [bussed] into Odessa by an oligarch (Ihor Kolomoysky) supporting the Kiev junta.” (Kolomoyski, in fact, co-masterminded the massacre. Ukraine’s oligarchs — and Kolomoyki’s personal fortune is estimated variously at between $7 billion and $2 billion but is mostly in secret bank accounts in Switzerland where he had been living until his friends Yulia Tymoshenko and Arseniy Yatsenyuk made him the governor of a southeastern province, and so his wealth might be considerably higher than that — own the soccer clubs and know very well the political orientation of their fans and their tendency toward violence. This use of soccer fans brought in from the northwest was a brilliant move on Kolomoysky’s part.)

That blog-post then presented (it linked to) a video documenting that narrative. There is no question but that it is a truthful account of the event which sparked Ukraine’s civil war — sparked the war between the U.S.-installed Ukrainian Government, versus the entire population in the southeastern half of Ukraine: the half of the country where Viktor Yanukovych (the President whom America’s February 2014 coup overthrew) had sealed his February 2010 electoral win with huge electoral majorities and so became Ukraine’s President. This 11-minute video (and you can click directly onto it here) is devastating about the Obama Administration’s lies concerning this matter — the lies that are practically the only things that the U.S. public believes or “know” about the conflict in Ukraine.

Bildt blamed “pro-Russia thugs” for the massacre — for this incineration of pro-Russian Ukrainians. That characterization of it tested the public’s stupidity to its very limits (since it portrays pro-Russians as murdering their fellow pro-Russians; it’s an insane “explanation”), but the aristocrats who own “news” media in the West were successful at getting it over the line and into the public’s mind: it was the standard way that TV and even most “alternative” news sources have presented this matter. Incredible though that might seem, most of the public actually fell for this blatant sucker-punch from the aristocracy. It just goes to demonstrate how easily public opinion can be manipulated, even into believing things that make no real sense — things that defy the most basic common sense. It might be shocking, but this is the way things actually are. Most people are that gullible. (Without that, for example, Fox “News” would have no audience at all. Depressing but unquestionably true.)

Dr. de Noli ties Bildt into the U.S. White House as being on America’s payroll. De Noli headlines, “Weapon-Export Industry Behind US & Swedish Foreign Offices Instigating War in Ukraine?” and he writes: “One thing that stroked me was to read now in the papers that NATO is asking its ‘friends in Europe’ to increase substantially their expenditures in defense (read, ‘to purchase more weapons’), due to the ‘Ukraine crisis’. So, how paramount is the weapon-export business in the agenda of US & Swedish politicians instigating upon the Ukraine junta to wage both ‘anti-terrorist’ ops against their own population, and war against its neighbour [Russia]? Three main Foreign Office politicians from US and Sweden have [become] distinguished in pushing EU countries to provocations against Russia, and expressly instigating the ‘use of force’ (read weapons) in Eastern Ukraine: Senator John McCain, State Secretary John Kerry, and Fo[reign] Min[ister] Carl B[i]ldt. At the same time, they have asked NATO and EU countries to purchase more weapons ‘in view of the conflict with Russia’. ”

De Noli provides an international ranking of countries on the basis of “Arms Exports per Capita in 2011” and shows that Sweden is #1 and Israel is #2. (Russia is #4, and U.S. is #8.) De Noli basically makes the case that Carl Bildt is thus ideally positioned to be able to profit as a middleman from assisting the U.S. to replace the Russian-oriented Viktor Yanukovych with the U.S. nazi-oriented government that now rules Ukraine and that now is being granted a huge line of credit to purchase weapons and military contractors (including former Blackwater mercenaries) from NATO countries (especially Sweden). He further notes, quoting from the excellent Rixstep website, that Bildt had brilliantly performed this same function during the invasion of Iraq in 2003. “Carl Bildt made millions off the US invasion of Iraq. He sat on the board of directors of investment company Legg Mason, managing huge financial holdings in the US weapons industry, and at the same time was a lobbyist for weapons giant Lockheed Martin. … Bombs rained with shock and awe over the Iraqi capital starting on 19 March 2003; Lockheed Martin’s stock value more than doubled in two years, from $45 to over $100, warranting its listing as one of Legg Mason’s most successful investments.”

Many links are provided there to Rixstep’s devastating data incriminating Bildt behind the invasion of Iraq.

However, that is a “per-capita” ranking; the U.S. is the #1 global arms-maker on an absolute basis, and America’s arms-dealers are constantly selling weapons to “allied” nations. A typical month’s report can be seen in an 8 July 2014 piece from Boiling Frogs Report, “BFP Exclusive Report — A Distillation of DOD Funding Priorities for June 2014,” which sub-headed, “DOD Spent $34,247,088 on 276 individual Contracts in June 2014.” It itemized a vast and rapidly flowing river of killing-machines flowing out to NATO and other nations, from the plants of Northrop Grumman, Raytheon, Goodrich, and many other U.S. companies.

Overall, this history is an entry into the backroom hell that today is burning southeastern Ukraine with bombs that kill many residents and that cause others to flee to refugee camps that are being set up for them in Russia. The end result of the entire operation will be a reduction in the voter-base in Ukraine of opposition against Ukraine’s becoming the chief base for nuclear missiles that will be aimed at next-door Russia.

On another web-page, de Noli headlines “What is the ‘Ukraine Crisis’ all about? Why U.S. B-2 Stealth strategic bombers lande[d] in Europe — for the first time ever?” He notes there:

“The Ukraine Junta was installed after a coup engineered by the US [State] Department. After several visits of top US and Swedish government officials to Kiev — including Vice-President Biden and 7 visits of Swedish Foreign Minister Carl Bildt — the Junta initiated a ferocious ‘anti-terrorist’ offensive against the Donbass region, targeting in the main the civilian populations in a variety of massacres described here elsewhere (See Ukraine Fascists: Three massacres in only one month). The conflict has been all along a direct provocation to get Russia to directly intervene militarily in Ukraine, with the domino effect that this would convey in the political and economic relations of Russia with various important EU countries. The geopolitical sanctions already in effect against Russia initiated at the initiat[iv]e of US and Sweden (I refer to political measures such as the G8 exercise [becoming now the G-7 with the expulsion from it of Russia]) converge to [produce an] obstacle [against] the Gas trade between Russia and some EU countries.”

All of these factors converge to portray a tightly knit international aristocracy that stands to gain trillions of dollars from arranging for the nuclear annihilation of Russia, via bases in Ukraine and other NATO countries.

The rest of the background here is provided by “The US/NATO Race for Global Full Spectrum Dominance,” supplemented by my own “Indications that the U.S. Is Planning a Nuclear Attack Against Russia.”

That article about “Full Spectrum Dominance” is from Christopher Black, James Henry Fetzer, Alex Mezyaev, and Christof Lehmann.

Basically, what all of this comes down to is that the Bilderberg meetings have brought together the key people who have been setting this deal up for a long time. That’s where they have all come together to meet in private, out of range of NSA, Russian intelligence, and all other intelligence agencies, truly in private: all the “right” people, with all the “right” connections, making all the “right” deals, because they know ahead of time what is going to happen since they’re all agreeing together, in private, to make it happen.

This is the international pinnacle, behind the preparations for World War III. Trillions of dollars are to be made from it, and these people aren’t going to be receiving all of it, but they will determine who will, and this power to decide that, will make themselves enormously richer than they are today. The people they serve are the U.S. aristocracy and the ones abroad who subordinate themselves to it.

This is what the world is coming to, and how it’s getting there — and by whom.

If you didn’t know it before, the reason you didn’t know it isn’t that finding this out is so terribly difficult or expensive to do: the information provided here is all from the Web; and I’ve cited sources here all of which I have checked out and verified as being accurate: I’ve excluded all sources that don’t meet my stringent tests for accuracy. The reason you didn’t know this before is instead that the international aristocrats themselves own the “news” media. The only way to strike back at them for hiding from you what is in plain sight to any keen investigator is to cancel all subscriptions to them and to rely purely on free media, such as the one where you are now reading this article. Paying for news now is something that only fools continue to do, and aristocrats farm fools and have always done so, but the Web gives an individual the opportunity now to escape from the stockyards, and free one’s mind, even if one cannot free oneself physically from the pervasive surrounding reality of a world that’s dominated by corrupt psychopathic predators, because that’s where we all are and have always been. The euphemism that the aristocracy has crafted to refer to it is “the free market,” like “the invisible hand” of God, that’s really just the secret hand of the aristocracy. And this is the reality of it, not the myth that’s taught in college and university classrooms, which themselves spread the standard propaganda that was created for the aristocracy, as aristocrats’ weapon against the public that they control and exploit.

The civil war in Ukraine is the military crux-point by which America’s aristocracy aims to obliterate any possibility of opposition to its global supremacy. Dominance is what it’s all about — locking in, for a long time to come, the American aristocracy’s dominance, no matter how many peons may need to be killed in the enterprise to do so.


Investigative historian Eric Zuesse is the author, most recently, of They’re Not Even Close: The Democratic vs. Republican Economic Records, 1910-2010, and of  CHRIST’S VENTRILOQUISTS: The Event that Created Christianity.