“Our attitude is negative"...
"Big-mouthed, anti-traditional, abusively forthright, he is a perfect populist that could easily provoke the public. Despite candidates' promises, Americans know elections cannot really change their lives. Then, why not support Trump and vent their spleen?"
"In retrospect the idea that an increasingly internationalized political elite would automatically remain faithful agents of their own populations should have rang alarm bells." Who are the internationalized political elite faithful too?
Capitalism requires World War because Capitalism requires profit and cannot afford the unemployed. The point is capitalism could afford social democracy after the rate of profit was restored thanks to the depression of the 1930’s and the physical destruction of capital during WW2. The underlying nature of Capitalism is cyclical.
Attempts to control economic growth through government spending and/or manipulating interest rates (e.g., stimulate growth with low rates) generally leads to more severe crises. None of these things are recent phenomena, but can be found again and again throughout American history. Today, there is no party that favors true privatization or free markets. The solution, however, is simply to take as much power as possible out of the control of corruptible politicians and their special interest supporters.
Global Anarchy: Woman Waves Severed Head, Man Stabs 10 Schoolchildren, Burnt Horse Head Found In BoxSubmitted by Tyler Durden on 02/29/2016 14:41 -0400
There’s every reason to be afraid of Trump, but he’s managed to make voters even more afraid of where the country is headed if he’s not the next president.
There are few good reasons to go to war, but the US faces the danger of being dragged into World War III for the worst of reasons. In Syria, the US will either fold or go all in. On past form, it will choose the latter and rue it ever after. Few Americans, inside or outside the government, realize either that those are the choices or that the stakes are so high. Sadly, such realizations may come only when their sons and daughters are drafted, or as the image of a mushroom cloud fills the screens of their mobile devices.
Although democracy is just one way to structure a state, the concept has reached cult status; unassailable as political dogma. It is, as economist Joseph Schumpeter observed, "a surrogate faith for intellectuals deprived of religion." Most of the founders of America were more concerned with liberty than democracy. Tocqueville saw democracy and liberty as almost polar opposites.
America is saying, “Goodbye to all that.” For Trump is not only a candidate. He is a messenger from Middle America. And the message he is delivering to the establishment is: We want an end to your policies and we want an end to you. If the elites think they can not only deny Trump the nomination, but turn back this revolution and re-establish themselves in the esteem of the people, they delude themselves. This is hubris of a high order.
"When the freedom of the media is in danger, when constitutions and human rights are under attack, Europe must not just be a safety net. It must put in place procedures to suspend (countries) -- it can go that far."
Earlier today, we reported that European officials are considering a two year Schengen suspension to help stem the inexorable flow of Mid-East migrants into Western Europe. To understand just how acute the problem is, consider the following chart from The Washington Post which shows how many more asylum seekers fled to Europe from January 1 through February 7 of this year compared to the number arriving from January 1 to February 28 of 2015.
"There is excessive debt everywhere and negative interest rates are dangerous... My number one fear? That’s the same as asking me where it will start. When you view the economy as a complex, adaptive system, like many other systems, one of the clear findings from the literature is that the trigger doesn’t matter; it’s the system that’s unstable. And I think our system is unstable... Central Bank models are just wrong"
On Tuesday, in the latest sign that Swedes are becoming increasingly fed up with their government’s policy on refugees, more than a dozen people were arrested for planning an attack on an asylum center. Apparently, the men were plotting to use “axes, knives, and iron pipes” against a refugee shelter in Nynashamn, which is located some 60 kilometres (37 miles) south of Stockholm.
"The same way that Scotland, Catalonia and Quebec and other places have the right to express their opinions about their destiny, Kurdistan too has the right, and it's non-negotiable."