Thursday, August 25, 2016(4 comments)
The Broken Chessboard: Brzezinski Gives Up on Empire
Unfortunately, Brzezinski's more cautious approach is not likely to be followed by presidential-favorite Hillary Clinton who is a firm believer in imperial expansion through force of arms. It was Clinton who first introduced "pivot" to the strategic lexicon in a speech she gave in 2010 titled "America's Pacific Century."
Monday, August 8, 2016(5 comments)
Washington Slapdown: Turkey Turns to Moscow for Help
The Obama administration is still uncertain of how to proceed mainly because no one had expected that Erdogan would break with Washington, purge his enemies, pursue rapprochement with Moscow, Tehran and Damascus, and throw a wrench in Uncle Sam's plan for redrawing the map of the Middle East.
Wednesday, July 20, 2016(4 comments)
The Coup in Turkey has Thrown a Wrench in Uncle Sam's "Pivot" Plan
Putin and Erdogan have settled their differences and scheduled a meeting for the beginning of August. In other words, the first world leader Erdogan plans to meet after the coup is his new friend, Vladimir Putin. Is it starting to sound like Turkey may have slipped out of Washington's orbit and moved on to more reliable friends that will respect their interests?
Saturday, July 2, 2016(5 comments)
Another Fed Fiasco: U.S. Bond Yields Fall to Record Lows
Basically, bond yields are telling us all that there is no hope for the future, that what you see is what you get. There won't be an economic recovery because an economic recovery is not in the interests of the people who are getting rich off the current policy. So just suck it up and get used to it.
Saturday, June 25, 2016 Basta Ya, Brussels! British Voters Reject EU Corporate Slavestate
Not only has the EU failed to live up to its promise of lifting all boats and widening prosperity, it has also transformed the region into a low-growth, high unemployment charnel house where bankers and their corporate allies siphon off the wealth of the weaker states to enrich high-flying speculators and voracious bondholders. And Britain is just the tip of the iceberg.
Friday, June 17, 2016(3 comments)
Negative Rates, Plunging Yields and a "Fix" for the Economy
If Obama rehired the 500,000 public sector employees who got their pink slips during the recession, then we'd have positive inflation in no-time-flat. But the bigwigs don't want that. They don't want full employment or higher wages or workers to a bigger share in the gains in production. Fixing the economy is the easy part. It's the politics that are tough.
Saturday, April 23, 2016(6 comments)
The Strange Death of Hugo Chavez: an Interview with Eva Golinger
There is a very strong possibility that President Chavez was assassinated. There were notorious and documented assassination attempts against him throughout his presidency. Numerous attempts on his life were thwarted by the Venezuelan intelligence agencies and particularly the counterintelligence unit of the Presidential Guard that was charged with discovering and impeding such threats.
Monday, April 18, 2016(2 comments)
Blanket Student Debt Amnesty Now
Congress knew what they were doing. They knew they were part of a big sting operation targeting credulous students who never guessed that their government was just a bunch of lousy shakedown artists. And now congress can pat themselves on the back for a job well done, for luring millions of millennials into a lifetime of indentured servitude.
Thursday, April 14, 2016(57 comments)
Socialist Senator Explains the Difference Between Democrats and Republicans
Long was a scrappy street fighter who liked confrontation and didn't mind getting his nose bloodied every now and then. He also liked winning, which is precisely what we need right now, someone who knows how to win and doesn't sweat the details. Leave that to the historians. Politics is bloodsport, not pattycake.
Saturday, April 9, 2016(5 comments)
PEW Explains Who is Voting for Trump and Why
A higher percentage of Trump supporters think they are getting screwed-over by an unfair system. They think "free trade" only benefits the rich, they think the government is unresponsive to their needs, they think the system is rigged, they think the economy stinks and they're really, really mad.
Wednesday, April 6, 2016(6 comments)
The "Gig Economy"; Another Vicious Attack on Ordinary Working Slobs
Create a bubble with easy money and low rates. Burst the bubble and precipitate a crisis. Impose excruciating belt-tightening measures that restructure the workforce, privatize public assets and transfers more of the national wealth to the parasites at the top of the foodchain, the mighty one percent. Wash, rinse, repeat.
Friday, March 18, 2016(1 comments)
Subprime Auto Loans: the Next Shoe to Drop?
You know what comes next, don't you? The delinquencies start piling up, the finance companies begin to creak and groan, the banks and other counterparties hastily sell off assets to try to stay afloat, and, finally, the Fed rides to the rescue with another batch of emergency loans to prevent the whole wobbly, over-leveraged system from crashing to earth.
Tuesday, March 15, 2016 Draghi's Giant Giveaway; More Handouts for Wall Street
Draghi and his ilk want unemployment to remain high in order to keep inflation low. As long as inflation stays low, Draghi can continue to provide cheap money to his crooked friends on Wall Street, which is the real objective. What this tells us is that Draghi's QE is not really "stimulus" at all, but a form of upward distribution concealed behind public relations sloganeering.
Thursday, March 10, 2016(1 comments)
A Warning From the B.I.S.: the Calm Before the Storm?
Profits are down and stocks are in trouble. Is it any wonder why the BIS is running around with its hair on fire? Also, corporate earnings have dropped for two straight quarters which is a sign that the economy is headed for a slump.
Monday, February 29, 2016(1 comments)
Wall Street's Savage Reckoning: Clouds Gather Over G-20 Summit
Now that monetary policy is kaput, fiscal stimulus is the only game in town. That's just the way it is. Either the finance ministers accept that fact and push for additional government spending on infrastructure programs and the like, or stocks and profits are going to face a savage reckoning. It's that simple.
Wednesday, February 24, 2016(3 comments)
Regime Change in Ankara? More Likely Than You Think
While Obama has (weakly) admonished Turkey for shelling Syrian territory, he has, at the same time, acknowledged Turkey's "right to defend itself," which is an expression the US reserves for Israel when it conducting one of its murderous rampages in the West Bank or Gaza Strip. Now, Obama has bestowed that same honor on Erdogan. This alone speaks volumes about the duplicity of Washington's approach.
Saturday, February 20, 2016(3 comments)
Could a Bomb Blast in Ankara Change the Outcome of the War in Syria?
Washington has adjusted its strategy to the new reality on the ground while Turkey and the Saudis are still grasping at straws thinking the war can be won. Russia is going to persist in its plan to close the border regardless of what Turkey does. At the same time, it has tried to signal to Turkey that if it goes ahead with its plan to invade Syria, there will be hell to pay.
Monday, February 15, 2016(3 comments)
Stocks Dive as Confidence in Fed Fades
The Central Banks have lost their touch which is why investors are cashing in and heading for the exits. This has nothing to do with the slowdown in China, bank troubles in Europe, capital flight in the emerging markets, droopy oil prices, or the deceleration in the global economy. Forget about that stuff. The real problem is that investors have lost confidence in the Fed. And for good reason.
Wednesday, February 10, 2016(9 comments)
Putin's Aleppo Gamble Pays Off
In less than five months, loyalist forces aided by heavy Russian air cover, have shifted the balance of power in Syria, forced thousands of terrorist insurgents to flee their strongholds in the west, cleared the way for the return of millions of refugees and displaced civilians, and sabotaged the malign plan to reshape the country so it better serves Washington's geopolitical interests.
Friday, February 5, 2016(7 comments)
Peace Talks "Paused" After Putin's Triumph in Aleppo
The hawks are still pushing for more intervention, greater US, EU, and NATO involvement, and American and allied "boots on the ground" to occupy the country for an undetermined amount of time. In contrast, the Obama administration wants to minimize its commitment while trying desperately to placate its critics.
Saturday, January 30, 2016(10 comments)
Western Media Ignores Putin's Progress in Syria
From the very beginning, Washington's sole aim has been to topple Syrian President Bashar al Assad so the oil fields and pipeline corridors could be secured by the western oil giants and protected by new US military bases sprinkled across the country. This is why Obama and Co are so eager to slow the Russian-led offensive by any means possible.
Thursday, January 28, 2016(7 comments)
Seven Years of Monetary Quackery; Can the Fed Admit it Was Wrong Yet?
By any rational measure, the economy is stuck in a long-term slump that shows no sign of relenting anytime soon. Bondholders seem to grasp that fact and have made a ton of dough betting on crappy growth and perennial stagnation, which are the logical corollaries of the Fed's goofy monetary policies.
Monday, January 25, 2016(2 comments)
Stock Buybacks and the Wall Street Sharktank: "A Whole Lotta Stealin' Goin' On"
Now, anything goes and the sky's the limit. Wall Street basically tells its lackey Congressmen what they want and, BAM, Congress changes the rules like that. That's basically how the system works. As a result, Big Business keeps piling on more and more debt, creating more and more instability, and paving the way for another agonizing financial crisis.
Sunday, January 24, 2016 Could This be "The Big One"?
Obama and the Republican-led Congress have done everything in their power to keep things just the way they are by slashing government spending to make sure the economy stays weak as possible, so inflation is suppressed, the Fed isn't forced to raise rates, and the cheap money continues to flow to Wall Street.
Tuesday, January 19, 2016 The Fed's Role in the Stock Market Slide
Growing uncertainty coupled with flagging earnings reports have factored heavily in Wall Street's recent selloff. Unless the Fed is able to restore confidence by promising to take steps that support the markets, stocks are going to continue get hammered by economic data that's bound to deteriorate as 2016 drags on.
Friday, January 15, 2016(10 comments)
The Chart That Explains Everything
It's madness, and yet this is what Obama and the Congress have been doing for the last six years. They've kept their hands wrapped firmly around the economy's neck trying to make sure the patient stays in a permanent state of narcosis. That's the goal, to suffocate the economy in order to reward the thieving vipers on Wall Street. And Obama and the Congress are every bit as guilty as the Fed.
Saturday, January 9, 2016(7 comments)
Does North Korea Need Nukes to Deter US Aggression?
The leadership in Pyongyang knows who they're dealing with, which is why they've taken the hardline. They know the US doesn't respond to weakness, only strength. That's why they can't cave in on the nukes project. It's their only hope. Either the US stands down and makes concessions or the stalemate continues. Those are the only two possible outcomes.
Wednesday, January 6, 2016(5 comments)
Wall Street Kicks Off 2016 With a Faceplant
The Fed is going to keep repeating the same nonsense they've been saying for the last eight years, that everything is getting better and that prosperity is just around the corner. What a laugh. Meanwhile, the financial system continues to edge closer to its inevitable day of reckoning thanks in large part to the efforts of the Fed.
Wednesday, December 23, 2015(7 comments)
Putin's Progress in Syria Sends Kerry Scampering to the United Nations
The Obama administration sees the handwriting on the wall. They know that Russia is going to win the war, so they've settled on a plan for protecting their agents in the field. That's why the emphasis is on a ceasefire; it's because Kerry wants a "Timeout" so his Sunni militants can either regroup or retreat.
Friday, December 18, 2015(9 comments)
John Kerry's Moscow Lovefest
This has got to be the biggest foreign policy somersault in the last two decades and Kerry carried it off without a trace of shame, in fact, he never veered from his cheery script the entire trip. were the Russians taken in by Kerry's performance? Heck no, in fact, they acted exactly as one would expect them to act. They treated Kerry with the utmost respect, listened politely to everything he had to say.
Tuesday, December 15, 2015(20 comments)
Putin Throws Down the Gauntlet
If I am not mistaken, Kerry is in for a big surprise on Tuesday. He's about to learn that Putin takes war very seriously and is not going to let Washington sabotage his plans for success. If Kerry's smart, he'll pass along that message to Obama and tell him he needs to dial it down a notch if he wants to avoid a war with Russia.
Friday, December 11, 2015(3 comments)
The Saudi-Hosted "Opposition Talks" Fiasco
The media doesn't want the American people to know that the so called "moderate" militias their government is backing are actually homicidal maniacs who are determined to topple a secular government and replace it with an Islamic Caliphate. This whole fiasco about convening "talks" between opposition leaders is just a smokescreen to conceal the real objective which is regime change.
Wednesday, December 9, 2015(5 comments)
Destroying Syria to Create Sunnistan
The war on terror is a public relations fig leaf designed to conceal Washington's attempt to rule the world. It's impossible to make sense of goings-on around the globe without some grasp of how seemingly random acts of violence and terror fit within the broader and more comprehensive strategy to create a new unipolar world order, to crush all emerging rivals, and to extend US full-spectrum-dominance across the planet.
Saturday, December 5, 2015(27 comments)
Putin Must Seek Justice For Peshkov
Putin has never lost sight of his primary goals which are to prevent regime change, to maintain the sovereign integrity of the state, and to kill or capture all terrorists operating in Syria. If Erdogan agreed to these terms, Putin will have achieved all of his objectives; displaced Syrians will be able to return home, life will gradually return to normal, and Peshkov will have gotten the justice he deserves.
Thursday, December 3, 2015(6 comments)
Erdogan Blackmails NATO Allies
Has Turkish President Erdogan figured out how to hoodwink the NATO allies into a confrontation with Russia that will help him achieve his goal of toppling Assad and stealing Syrian territory? It's hard to say, but clearly something has changed, after all, neither France, nor Germany nor the UK were nearly as gung-ho just a few weeks ago. Now they're all hyped-up and ready for WW3.
Tuesday, December 1, 2015(44 comments)
Putin's Revenge? The Fight for the Border
The downing of the Su-24 has not triggered the knee-jerk reaction from Moscow that many had expected. Instead, it has focused Putin's attention on his ultimate goal of defeating terrorism in Syria and maintaining the sovereign integrity of the state. This is clearly not the reaction Washington was hoping for.
Friday, November 20, 2015(2 comments)
Hillary's War Whoop
In a presentation to the Council on Foreign Relations, Clinton made it clear if she's elected in 2016, she's going to drag the country straight to war. Invoking the same imagery as her ideological twin, George W. Bush, Clinton fulminated for more than an hour and a half on Syria, war, terrorism, war, no-fly zones, war, radical jihadism, war, and "metastasizing threats," whatever the heck those are. Oh, and did I mention war?
Wednesday, November 18, 2015(1 comments)
"No Ground Troops to Syria:" Obama's Smartest Move in Eight Years?
Obama knows what's going on. He knows the bigwig media owners who sit on the same board of directors with the big weapons manufacturers, the Wall Street bankers and other honchos in the Military Industrial Complex (MIC) want another war. That's what it's all about. It's the smartest move Obama's made in eight years.
Saturday, November 14, 2015(10 comments)
Grandmaster Putin Beats Uncle Sam at His Own Game
Erdogan is a megalomaniac and a menace, which is why Putin had better keep an eye on him. And the same goes for Obama too. Obama may be down, but he's not out just yet. He still has a few more tricks up his sleeve and he's sure to use them before this thing is over. Even so, the advantage definitely goes to Putin at this point. He took on the entire Washington braintrust and beat them at their own game.
Wednesday, November 11, 2015(7 comments)
US-Turkey Invasion Derailed by Syrian Army Triumph at Kuweires
Russian warplanes will now be within striking distance of the border while troops and artillery will be positioned in a way that makes crossing into Syria as difficult as possible. The window for Turkish troops to enter Syria unopposed has closed. Any attempt to invade the country now will result in stiff resistance and heavy casualties.
Friday, November 6, 2015(1 comments)
Turkey Goes to War
Erdogan wants to use the referendum to consolidate his power, establish one-man rule and terminate representative government in Turkey. He is a committed Islamist who wants to repeal democracy and create a Islamic regime that extends beyond Turkey's present borders into Iraq and Syria. This is why he has been such an enthusiastic supporter of the jihadi groups fighting in Syria.
Tuesday, November 3, 2015(5 comments)
Kerry's Debacle in Vienna
Don't presume for a minute that because Washington wants a ceasefire, they also want a "political solution" or "negotiated settlement" or peace, because they don't. Peace isn't even on the agenda and it never has been. The US wants to make sure that peace is avoided at all cost, because peace would be an obstacle for the real objective, which is regime change.
Thursday, October 29, 2015(9 comments)
Putin Makes Obama an Offer He Can't Refuse
The Russian intervention is forcing Washington to rethink its Syria policy. While Kerry is bending over backwards to end the fighting, Obama is busy tweaking the policy in a way that appeases his critics on the right without provoking a confrontation with Moscow. It's a real tight-wire act, but the White House PR team thinks they can pull it off.
Wednesday, October 21, 2015(61 comments)
Putin Forces Obama to Capitulate on Syria
Putin worked tirelessly throughout the summer months to try to bring the warring parties together (including Assad's political opposition) to see if a deal could be worked out to stabilize Syria and fight ISIS. But Washington wanted no part of any Russian-led coalition. Putin is going to see this thing through to the bitter end. He's not going to stop for anyone or anything.
Saturday, October 17, 2015(2 comments)
Quantitative Easing Was a Bust; Let's Try Higher Wages Instead
Despite the Fed's wacko theories about pumping liquidity into the financial system to make investors feel wealthier, people actually have to buy things to generate growth. And the truth is, consumers have reduced their spending because wages are flat, incomes are falling and many of them are still hanging on by the skin of their teeth.
Thursday, October 15, 2015(17 comments)
Did Russia's Intervention Derail Turkey's Plan to Invade Syria?
Along with its Gulf allies, the US has funded, armed and trained the bulk of the jihadi hoodlums that have ripped the state apart and killed nearly one quarter of a million people. Now that Putin has decided to put an end to Washington's savage proxy war, the administration is planning to add more fuel to the fire by air-dropping pallets of ammunition and weapons to their fighters in central and eastern Syria.
Friday, October 9, 2015(7 comments)
Putin's "Endgame" in Syria
Putin doesn't distinguish between the "moderate" terrorists and the "radical" terrorists, the good terrorists and the bad terrorists. It's a joke. They're all in the same pool and they're all going to meet the same fate. They all have to be rooted out, apprehended or killed. End of story.
Tuesday, October 6, 2015(8 comments)
How Putin will Win in Syria
The reason Putin will succeed where the US failed in its war on ISIS, is because the Russian air-strikes are going to be accompanied by a formidable mop-up operation that will overpower the jihadi groups on the ground. This is already happening as we speak. The Russian Air Force has been pounding terrorist targets across the Idlib Governorate for the last few days as well as ISIS strongholds.
Sunday, October 4, 2015(29 comments)
Putin's Lightning War in Syria
Putin's going to cut through these guys like a tornado through a trailer park. Yes, ISIS has had some success against the bedraggled Iraqi and Syrian armies. But now they're up-against the A Team where they are clearly out of their league. Rolling up these cutthroats is going to take a lot less time than anyone figured. Putin's going to go straight for the jugular and then head for the exit.
Friday, October 2, 2015(1 comments)
Putin's Blitz Leaves Washington Rankled and Confused
The US political class was caught off-guard by Putin's blitz. They know that Putin is undoing years of work by rolling up proxy-units that were supposed to achieve US objectives, but there is no agreement among ruling elites about what should be done. It's a much better option then waiting around for the US to impose a no-fly zone that would collapse the central government and reduce Syria to Libya-type anarchy.
Friday, September 25, 2015(3 comments)
Markets Gone Mad
Imagine your doctor put you on a daily dose of oxycontin, phenobarbital and Quaaludes for six years straight. Then he suddenly cancelled your prescription. Do you think your behavior might become a bit erratic? This is what's going on with the stock market. It's trying to shake off six years of overmedication brought on by the Fed's zero rates and liquidity injections.
Friday, September 18, 2015(8 comments)
Has the Fed Lost its Mojo?
Analysts are still trying to figure out "what went wrong" without drawing the obvious conclusion that the Fed's policies don't always work the way they're expected to work. Friday's reversal illustrates the unintended consequences of excessive monetary intervention. Things can go haywire in a hurry. It's not that the Fed has lost its mojo. It's that the Fed never had a mojo to begin with.
Thursday, September 17, 2015(4 comments)
Putin's Line in the Sand: No Regime Change in Syria
Putin is not going to allow Assad to be removed by force. He has drawn a line in the sand and told the US that if they cross that line, there's going to trouble. So it's up to Obama really. He can either seek a peaceful solution along the lines that Moscow has recommended or push for regime change and risk a confrontation with Russia. Those are the two choices.
Friday, September 11, 2015(10 comments)
It's All About Expectations; Why Are Stocks Going Berserk?
The Fed is so blinded by fear, it doesn't seem to know whether its coming or going. Sure, they talk about normalization, but are they really going to end the meddling and allow the markets to function according to normal supply-demand dynamics? Not a chance.
Friday, August 28, 2015(4 comments)
Looting Made Easy: the $2 Trillion Buyback Binge
Under current financial regulations, corporate bosses are free to repurchase their own company's shares, push stock prices into the stratosphere, skim off a generous bonuses for themselves in the form of executive compensation, and leave their companies drowning in red ink. When can we stop referring to this activity as buybacks and call it by its real name; looting?
Tuesday, August 25, 2015(4 comments)
Wall Street Panic
Whether the troubles started with China or the credit markets, probably doesn't matter. What matters is that the system about to be put-to-the-test once again because the appropriate safeguards haven't been put in place, because bubbles are unwinding.
Thursday, August 20, 2015(7 comments)
Ankara: the New Capital of Jihad
Erdogan is a duplicitous-troublemaking narcissist and everyone in Washington knows it. They know he's planning to steal Syrian land, just like they know that he's butchering the Kurds for no reason. They also know he's gaming the system so he can declare himself Supreme Leader of Turkey following snap elections in October.
Saturday, August 15, 2015(2 comments)
Is Putin Planning to Sell-Out Assad?
Washington doesn't want a deal. Washington wants war. Washington cannot achieve its goal of breaking up Syria and redrawing the map of the Middle East if peacemaker Putin prevails. If Putin wants to prevent Washington from splitting up Syria and transforming it into a terrorist breeding ground, he's going to have to move fast.
Monday, August 10, 2015(3 comments)
Swan Song for the Donald? GOP Party Bosses Plan to "Take Out" Trump
This whole Trump-flap has sparked a rebellion in the conservative ranks, a rebellion that anyone who is even slightly interested in politics should be paying close attention to. The worker-bees appear to be increasingly suspicious of the party leadership and their wavering commitment to conservative values.