Authored by Tom Luongo, NATO is obsolete. Donald Trump made this argument back on the campaign trail. This week, in his typically hyperbolic manner, he dressed down the organization for its hypocrisy over its mandate, which is to counter any aggression from Russia. But, the potential threat of a Russian invasion of Europe is nil. […]
According to most flow-tracking economists (and not their conventionally-trained peers) when one strips away the noise, there are just two things that matter for the highly financialized global economy and asset prices: central bank liquidity injections, and Chinese credit creation. This is shown in the Citi charts below. And since it is indeed the case […]
President Trump issued his first public comment about the indictment of 12 Russian military officers “for conspiring to interfere with the 2016 presidential election” by blaming former President Obama and the “deep state” and asking, as many others have, where the DNC server, the so-called “Exhibit A” in the case against the Russian hackers, is […]
House GOP members led by Freedom Caucus Chairman Mark Meadows (NC) have drawn up articles of impeachment against Deputy Attorney General Rod Rosenstein, according to Politico. Conservative sources say they could file the impeachment document as soon as Monday, as Meadows and Freedom Caucus founder Jim Jordan (R-Ohio) look to build Republican support in the House. […]
A new, startling report from the Organisation for Economic Co-operation and Development (OECD) warns that positive employment trends are at risk of being derailed by “unprecedented wage stagnation” affecting low-paid workers. The OECD Employment Outlook 2018 stated the employment rate in developed economies averaged 61.7 percent at the end of 2017, the highest level since the global […]
Authored by Yanis Varoufakis via LiveMint.com, Any objective assessment of the Eurogroup’s recent deal on Greek public debt would conclude that it condemns Greece to permanent debt bondage… Europe’s establishment is luxuriating in two recent announcements that would have been momentous even if they were only partly accurate: the end of Greece’s debt crisis, and […]
Authored by Federico Pieraccini via The Strategic Culture Foundation, The announced meeting between Trump and Putin has already produced a good result by revealing the hypocrisy of the media and politicians. The meeting has been branded as the greatest danger to humanity, according to the Western globalist elite, because of the danger that “peace could break […]
Meet the Air Force’s $1200 cup of coffee — or more precisely the $1220 coffee cup which keeps breaking, after which the military simply buys more and more cups. The Air Force’s $1,220 reheating coffee cup. Image source: US Air Force Some outlets which have reported on the insanely pricey self reheating coffee mug commonly used aboard […]
Authored by Brian Balfour via The Mises Institute, Last March, protestors at Middlebury College in Vermont sent professor Allison Stanger to the hospital with a neck injury. Stanger’s crime? She had the nerve to ask the protestors to allow the conservative/libertarian author Dr. Charles Murray to speak, and then to engage in a debate after his speech. […]
It appears the drop in home sales that has afflicted Manhattan and wealthy tri-state-area enclaves like Greenwich, Conn. is spreading to Westchester County, the suburban enclave directly north of the Bronx According to Bloomberg, sales fell 18% in the second quarter compared with a year earlier, marking the fourth straight quarter of declining sales. Purchases […]
Authored by Michael Snyder via The Economic Collapse blog, “Thanos did nothing wrong” has become one of the most common mantras on the Internet in recent days, and it just sparked one of the biggest events in Reddit history, but most people still don’t understand what all of the commotion is about. So let me […]
When multiple op-ed pieces appear in the pages of the New York Times, Washington Post, and the CFR-owned Foreign Affairs authored by neocons simultaneously pleading with Trump Don’t Get Out of Syria(!) all within the same week, this is typically an indicator that the president is about to do something good. Trump is set to meet with Putin one-on-one this […]
Authored by Michael Scott via SafeHaven.com, Some 84 percent of Americans claim that a higher education is a very or extremely important factor for getting ahead in life, according to the National Center for public policy and Higher Education. So, it’s worth the exorbitant cost, but not everyone can pay, and outsized costs in the U.S. are […]
When Attorney General Jeff Sessions said at a gathering of police officials back in May that “if you want crime to go up, let the ACLU run the police department,” he may have had a point. While opponents of “aggressive” police tactics like stop and frisk and other “broken windows”-type policing have complain about the […]
Authored by Gareth Porter via The American Conservative, Press irresponsibly relies on single-source report to accuse Kim of breaking an agreement he never made… In late June and early July, NBC News, CNN, and The Wall Street Journal published stories that appeared at first glance to shed a lurid light on Donald Trump’s flirtation with Kim Jong-un. […]