Israel

The Christmas Truce And The Future Of War

How widespread do you think it really was and do we make more of the Christmas Truce than we ought to because it’s so hopeful, in other words, it’s something we want to believe in? "...the threat that would be posed to the establishment, to the generals, and the politicians by having rank and file soldiers, sort of awakened to the idea of the preposterousness of the war."

An Angry Israel Summons Foreign Ambassadors, Accuses Obama Of Conspiring Against It

Israel summoned foreign ambassadors of UN Security Council nations to Jerusalem to reprimand them on Sunday, and had more harsh words for the Obama administration, which he accused of conspiring over Friday's UN resolution: "We have no doubt the Obama administration initiated it, stood behind it, coordinated the wording and demanded it be passed."

Duterte: "I Will Burn Down The United Nations"

“You go and file a complaint in the United Nations, I will burn down the United Nations if you want,” Duterte said, quoted by the New York Times. “I will burn it down if I go to America. You United Nations, you do not know diplomacy. You do not talk to me like that, you son of a bitch."

Former CIA Spy Has A Christmas Message For Trump

"Dear Mr. Trump, I am among the tens of millions who voted for you, and also among the twenty thousand or so that spent fifteen months obsessively devoted to getting you elected. I went to bed in tears on election night, only to be woken at midnight by my wife to watch the miracle unfold..."

Obama Administration Abstains, Defying Trump, As UN Votes To Condemn Israel Settlements

Israel lashed out at the Obama administration "friends don't act that way" after Ambassador Power abstained (refusing to veto) as The United Nations passed a resolution demanding Israel to stop settlement building on occupied Palestinian territory. As NYTimes notes, the administration’s decision not to veto the measure broke a longstanding American tradition of serving as Israel’s sturdiest diplomatic shield, and defied extraordinary pressure from President-elect Trump.

Credit Suisse Settles With DOJ For $5.3 Billion; Will Pay $2.5 Billion Civil Penalty

Credit Suisse agreed to pay $5.28 billion to resolve a U.S. investigation into its business in mortgage-backed securities as officials work through a backlog of crisis-era bank cases. The Swiss lender will pay a $2.48 billion civil penalty and $2.8 billion in relief for homeowners and communities hit by the collapse in home prices, it said in a statement Friday.

Merkel Government Still In Denial

The police union in the German state of Thuringia issued an open letter to the state's Interior Minister, describing the crumbling law-and-order situation amid the rising migrant crime: "[You] are abandoning us completely helpless to a superior force... But what changes? Nothing. One instead gets a sense of uninterest." Meanwhile, representatives of Arab community were reported telling the police in Ruhr, "The police will not win a war with us because we are too many."

Frontrunning: December 21

  • Futures little changed after Dow, Nasdaq hit records (Reuters); Europe Stocks’ Rally Dims as Banks Drop; Oil Gains (BBG)
  • Monte dei Paschi says could run out of liquidity after four months (Reuters)
  • Spanish Banks Lose EU Case on Mortgage Interest Repayments (BBG)
  • Russia says trust needed for global oil output deal to be success (Reuters)
  • U.S. plays down absence from Moscow talks on Syria, says not 'sidelined' (Reuters)

Damaging The Deep State: Trump, Russia, And China

It has become clear Trump's attitude towards Russia and China is very different from that of his predecessors. Amazingly, he is already wresting power from the deep state, causing it great resentment, which under Obama, Clinton and the Bushes, ran geopolitical policy. From January, barring accidents the world will not be the same, the establishment up-ended.