Obama's "Farewell To Arms" As War Presidency Ends

This week as Obama gave his self-preening farewell to the nation speech, thousands of new US troops and tanks were dispatched to buttress NATO forces already at unprecedented levels in Germany, Poland and the Baltic states. Only in America, is a warmongering president feted as a 'peace leader'. Whereas his successor, Donald Trump who will be inaugurated next week, is pilloried as a traitor because he has dared to call for restoring better relations with Russia.

Why Has The White House Suddenly Released A Strategy For Dealing With A Catastrophic Meteor Impact?

While we should take notice at the government preparations for disaster (and the possibility of a cataclysmic collision with damaging objects in space), we should perhaps take more notice at what they are preparing for with all the billions of dollars thrown at defense and survival, it comes in secretive infrastructure for a reclusive sect of power, and in top-down plans to contain the unrest.

Mexican Drug Cartels Looting State-Owned Gas Pipelines For Black Market Sales

With gas prices soaring in Mexico, drug cartels have found a new, and very profitable, black market to exploit: stolen gasoline.  With a modest upfront capital investment of just $5,000 - $8,000, cartels have discovered they can tap directly into state-owned pipelines and steal all the supply they need which has created a booming black market.

The Utter Stupidity Of The New Cold War

Unfortunately the people of this country are not educated, by their schools, press or even their favorite websites to realize what has been done, how truly horrible it is, and how based it all is on lies. Fake news is the order of the day. Up is down, black is white, Russia is the aggressor, the U.S. is the victim. The new president must be a team-player, and for God’s sake, understand that Putin is today’s Hitler... or else.

New York Times Admits "Higher Minimum Wage May Have Losers"

The New York Times would like for you to know that, after attending the annual meeting of the American Economic Association where they sat in on multple presentations on the economic impacts of minimum wage, they can now confirm what most of us have known for most of our adult lives, namely that basic economic supply/demand models actually work.

China Daily: Tillerson's "Disastrous" Actions Would Set The Course For A "Devastating Confrontation"

"Tillerson's statements regarding the islands in the South China Sea are far from professional. If Trump's diplomatic team shapes future Sino-US ties as it is doing now, the two sides had better prepare for a military clash... Should he act on them in the real world, it would be disastrous... and would set a course for devastating confrontation between China and the US."

Assange Agrees To Extradition If Obama Grants Chelsea Manning Clemency

Just hours after NSA Whistleblower Edward Snowden urged President Obama to "save [Chelsea Manning's] life by granting her clemency," Wikileaks' founder Julian Assange says he will agree to be extradited to the United States if the president grants clemency to the former US soldier Chelsea Manning, who is currently serving a 35-year sentence for leaking documents.

The Corporate Bond Market: Binge-Borrowing

For those tapping the fixed income markets, the borrowing bingefest is conspicuous in its constancy. Not only did global bond issuance top $6.6 trillion last year, a fresh record, sales are off to a galloping start thus far in January.

Jeff Gundlach's Forecast For 2017

Investors will confront excessive debt, high P/E levels and political uncertainty as they enter the Trump presidential era. In response, according to Jeffrey Gundlach, U.S.-centric portfolios should diversify globally.

Obamacare's Death Throes

Obamacare was a failed experiment. Sharply increasing costs make it unaffordable for millions, leaving them woefully underinsured or for many without coverage because it’s too expensive to buy. Obamacare was designed for profit-making, not putting patient needs first. Replacing it with universal coverage is vitally needed - excluding middlemen insurers increasing costs while providing no care. That’s not what Trump and congressional Republicans have in mind.