Is September 2015 going to be one of the most important months in modern American history?
"This feels like 2008 all over again," as NPR reports the latest Iowa Poll showed Sanders just 7 points behind Hillary Clinton, who leads 37 to 30 percent among likely Democratic caucus-goers. Why 2008? As NPR notes, that's when a heavily favored Clinton stumbled and lost to Barack Obama, then a young senator whose middle name, Hussein, was the same as a dictator the U.S. had just overthrown and whose last name rhymed with America's Public Enemy No. 1. And while the socialist septuagenarian continues to surge, Hillary faces yet another 'issue', as Yahoo Tech reports, 1 million (or one third) of her 'apparent' Twitter followers are fake.
To many Americans, even many who did not vote for him, the election of Barack Obama seemed to hold out the promise that our racial divide could be healed by a black president. Even Obama’s supporters must concede it did not happen, though we would, again, argue angrily over why.
- Stock Halts Added to Monday’s Market Chaos (WSJ)
- Fed Up Investors Yank Cash From Almost Everything Just Like 2008 (BBG)
- Drop in Stock Futures Signal Halt to S&P 500's Relief Rally (BBG) - at least until the BOJ ramps USDJPY up again
- Hacker Killed by Drone Was Islamic State’s ‘Secret Weapon’ (WSJ)
- Greece's Syriza to win election but face setback, poll shows (Reuters)
- Puerto Rico Spends More Than $60 Million on Debt Restructuring (BBG)
The following story is guaranteed to make you sick. Once again, we’re shown that following trillions in taxpayer funded bailouts and backstops, TBTF Wall Street banks immediately went ahead and focused all their attention obtaining loopholes in order to transfer risk and make billions upon billions of dollars in the financial matrix, as opposed to adding any benefit whatsoever to society.
It appears the deceitful imbroglio of Hillary's campaign have begun to wear on her most admiring ("well everyone lies a little bit right?") apologists and voters. As The Hill reports, Donald Trump tops Hillary Clinton (45% to 42%) in the latest poll from swing-state North Carolina. Clinton tops Jeb Bush and Rand Paul, so there's that, but eight Republicans (including Trump) are beating the former secretary of state. Perhaps most notably however, is that a new survey from FOX shows Trump (45%) closing in on Hillary (51%) in the presidential election matchup.
Naysyers are warning that the recent plunge in Bitcoin prices - from almost $318 at its peak during the Greek crisis, to $221 yesterday - due to growing power struggle over the future of the cryptocurrency that is dividing its lead developers could spell the end of the cryptocurrency. On Saturday, a rival version of the current software was released by two bitcoin big guns. As Reuters reports, Bitcoin XT would increase the block size to 8 megabytes enabling more transactions to be processed every second. Those who oppose Bitcoin XT say the bigger block size jeopardizes the vision of a decentralized payments system that bitcoin is built and represents a "governance coup.". However, the turmoil in the price also coincides with some rather notable global macro events from Asia (where Bitcoin is extremely popular).
It is not enough to issue proclamations such as “it is time to get tough” or “It is time to make America great again”. These are the buzz words of a man that is reaching out to tap the rich vein of popular appeal. Perhaps that is what all politicians strive to do, especially when the field of candidates is rather crowded. However, what is clear is that a well-crafted economic strategy is not present, nor are staffers that would have the temerity to disagree with Mr T.
In the event you were becoming concerned that the U.S. government might be backing away from its longstanding policy of endless violence, militarism and bloodshed, fear not. If we know one thing for sure, it’s that defense contractors and the military-intelligence-industrial complex must earn. And continue to earn it will.
"The US is digging itself in deeper and deeper,” warns Doug Casey, adding the telling question: “Then what’s going to happen?” President Obama’s grim warning of “deal or war” seems to provide an answer. Faced with economic implosion on an epic scale, the US may be counting on war as its other option.
For 6 ½ long years, we have been bombarded with the mythology known as “the U.S. economic recovery” by the mainstream media.
Being a citizen in the American corporate state is much like playing against a stacked deck: you’re always going to lose. The game is rigged, and “we the people” keep getting dealt the same losing hand. Even so, most stay in the game, against all odds, trusting that their luck will change. The problem, of course, is that luck will not save us.
Normally, candidates that are not part of the “establishment” do not pose much of a threat. In order to win elections in this country, especially on a national level, you need name recognition and you need lots and lots of money. Donald Trump has both, and no matter what you may think of him you have to admit that he has star power. And he was never supposed to run for president. You see, the truth is that only members of “the club” are allowed to play. The elite very carefully groom their candidates, and they are usually able to maintain a very tight grip on both major political parties. This two-headed abomination that we call a “two party system” is in reality just a one party system.
The police and surveillance state predicted in the forward-looking 1940s classic “1984” by George Orwell, has slowly, but steadily, come to fruition. However, like a frog sitting idly in a pan of steadily-warming water, too many Americans still seem unaware that the slow boil of big government is killing their constitutional liberties. The latest sign of this stealth takeover of civil rights and freedom was epitomized in recent Senate testimony by FBI Director James Comey, who voiced his objections to civilian use of encryption to protect personal data – information the government has no automatic right to obtain.
There are two ways to win, at any game: One is by improving one’s own performance. The other is by weakening the performances by all of one’s competitors. The United States is now relying almost entirely upon the latter type of strategy.