The Unthinkable Just Happened In Spain

As part of the epic, multi-year criminal investigation into the doomed IPO of Spain’s frankenbank Bankia, Spain’s national court called to testify six central bankers and one financial regulator. The previously untouchable now stand accused of authorizing the public launch of Bankia in 2011 despite repeated warnings that the banking group was “unviable.”

Paul Craig Roberts Explains The Stakes For Trump And All Of Us

"The United States is now in the extraordinary situation that the liberal/progressive/left is allied with the deep state against democracy. The liberal/progressive/left are lobbying for the impeachment of a president who has committed no impeachable offense. The neoconservatives have stated their preference for a deep state coup against democracy. The media obliges with a constant barrage of lies, innuendos and disinformation. The insouciant American public sits there sucking its thumb."

North Korea's Regime In Jeopardy After China Bans All Coal Imports

China’s move to ban coal imports from North Korea, effectively crippling the country’s already battered economy, will have two implications: it may prompt Beijing and Washington to sit deal and figure out how to "resolve" the problem, and it may risk the start of a political crisis with unpredictable regional consequences.

Maryland Considers Teaching Kids That Boys Are Presumed Guilty In Rape Accusations

"Affirmative consent" is a fuzzy concept even for adults, which is why one of them taught 10th graders in California that they must say 'yes' every 10 minutes during sex or it becomes rape. The concept was enshrined in state law in October 2015, and since then California has remained the only state to legally require "yes means yes" be taught in public schools. Maryland could soon be the second...

Tulsi Gabbard Versus "Regime Change" Wars

"We need representatives to sift through what the U.S. government says and what the media reports to find out for themselves the truth, the shades of truth and the untruths... Rep. Tulsi Gabbard is a rare member of Congress willing to take heat for challenging U.S. 'regime change' projects..."

How A Major Bank "Calculated" That 20x P/E Is Now "Fair Value"

"Post-election rally closed the valuation gap with the P/E now near “fair”. The current fitted S&P 500 trailing P/E of 19.6x reflects "animal spirits." Accordingly, the current P/E of 19.4x, although high by historical standards, is far from pricing excessive optimism, based on our model." - Barclays

The "Russia Scare" Coalition: ISIL's "Useful Idiots"?

Victory by the 'Russia scare' coalition will limit America’s ability to fight ISIL, complicate efforts to win UNSC support for tough enforcement of the Iran nuclear deal and give China more leverage over both Moscow and Washington.