Archive - Nov 27, 2015

At least 151 people have been put to death since Saudi Arabia's current King Salman rose to power after the death of King Abdullah in January 2015, dramatically higher than the total of 90 in 2014. As Amnesty International warns, "it is clear that the Saudi Arabian authorities are using the guise of counter-terrorism to settle political scores."

Moments ago the Colorado Springs police responded to a call of an active shooter in the parking lot of a Planned Parenthood clinic, adding that the area has not been secured, the department said. 

Usually, an identity crisis is temporary. Eventually, people discover a healthy identity for themselves and a sense of stability returns to their lives. But, under such constant political mismanagement and widespread criminality, what chance is there for a stable future? Very little it seems.

And Even If It Wasn't, It Was An Illegal War Crime

"it's not just energy...it's everywhere!"

D.C. Police Chief Cathy Lanier is an outspoken proponent of gun control (in a district which already has some of the strictest gun laws in the nation). So, when asked by 60 Minutes how people should respond to being near an active gunman, Lanier's response was bemusing as The Washington Times reports, saying that the "best option for saving lives before police can get there" would be for citizens to try to subdue, or even kill, the gunman.

It's the kind of business plan that would be laughed out of a business school classroom. "The co-ops were essentially amateur exercises." Why not scrap the perverse ACA regulations and admit it was a pipe dream to ever assume young, healthy people could be coerced into paying several times their expected costs to cover other people’s excessive spending.

“China has for decades proudly proclaimed its lack of military facilities on foreign soil, so seeking long-term military access at a quasi-base level is a massive about-face… China is poised to cross the Rubicon.”

In a statement, the People’s Bank of China thanked the IMF for the recommendation and said it was “an acknowledgment of the progress in China’s recent economic development, reform and opening up”.

They are among us, appears to the message being delivered to America this Thanksgiving holiday. As Fox News reports, elite FBI teams are tracking at least 48 "high-risk" ISIS suspects within the U.S., as Republican Senator Dan Coats, who is on the Select Committee on Intelligence, said "there is a very significant number of people that are on suspicious watch lists, under surveillance... it's almost overwhelming."

The fact of the matter is that despite public opinion, there are problems that are so big that the Central Banks cannot fix them. We’ve seen this in Switzerland and China and now in Europe. It will be spreading to other countries in the near future.

The fundamental fact is that the current financial and economic paradigm, characterized by heavy handed Federal Reserve intervention into credit markets, is dying.  Debt based stimulus is both sustaining and killing the economy at the same time.

While the deployment of the Russian SAM missiles was already known, the real message from today's presser, the one that will be the topic of a private and "serious talk with Russia's US partners", is that Putin indirectly blames Obama for what happened on Tuesday realizing that Erdogan was merely the "executor", one who is simply motivated to protect his (and his son's) Islamic State oil routes.