• EconMatters
    11/30/2015 - 16:21
    The ISIS group sells most of its crude directly to independent traders at the wellhead for $20-$45 a barrel earning the group an average of $1.5 million a day.


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Sweden: "No Apartments, No Jobs, No Shopping Without A Gun"

"I am scared stiff of what is happening in this country. What will the government do about this?"

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Fourth Turning - Our Rendezvous With Destiny

"Eventually, all of America’s lesser problems will combine into one giant problem. The very survival of the society will feel at stake, as leaders lead and people follow. The emergent society may be something better, a nation that sustains its Framers’ visions with a robust new pride. Or it may be something unspeakably worse. The Fourth Turning will be a time of glory or ruin."

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1 Journalist Dead, 3 More Arrested After Exposing Turkey Arming Syrian Extremists

Perhaps Voltaire said it best: "To determine the true rulers of any society, all you must do is ask yourself this question: Who is it that I am not permitted to criticize?"

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US Ally Saudi Arabia's New King Likes Beheading People More Than His Predecessor

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."

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Turkey Arrests Journalists Who Exposed Erdogan's Weapons Smuggling To Extremist Syrian Rebels

Banana Republic 101: when the despotic president of a corrupt regime is faced with facts exposing his lllegal activity, what does he do? He arrests and journalists who discovered said facts, and demands they spend the rest of their lives behind bars. Welcome to Turkey.

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How Much Higher Can The U.S. Dollar Go?

...and what will the implications be?

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Why Even A Modest Disruption Will Shatter The Status Quo

Any modest reduction in debt, tax revenues, consumption or new borrowing will bring the entire Status Quo crashing down. This is the bitter fruit of rampant financialization and the ascendancy of maximizing private gain by whatever means are available.

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Student "Tyrants In Training" Demand Journalists Swear Loyalty Oath Before Reporting On Them

Students and faculty at Smith College apparently didn’t want a repeat of that ugly episode at Mizzou, so when they held a sit-in Wednesday to protest racial discrimination, their solution was to not let in members of the media in the first place — unless said media members pledged allegiance to the cause.

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Trump On Waterboarding: "You Bet Your Ass I'd Approve It, Even If It Doesn't Work"

"Would I approve waterboarding? You bet your ass I would. In a heartbeat. I would approve more than that. It works and if it doesn’t work, they deserve it anyway for what they do to us."

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Suspects Armed With Kalashnikovs Take Hostages In French Town Near Belgian Border

Although details are still sparse, Roubaix is very close to the border with Belgium which certainly leads one to wonder if there's a connection with the ongoing search for two unidentified terror suspects as well as the eighth Paris attacker Salah Abdeslam:

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Argentina Throws Out The Peronists In "Historic" Presidential Election

"Today is a historic day. It’s the changing of an era. We can live in an Argentina without poverty, where we can all aspire to have our own homes with running water and a sewage system." 

"The question is whether this is going to be something like the rebirth of Argentina or another failed dream that people get excited about, but then they can’t overcome the challenges.”

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So Who's Really Sponsoring ISIS?

Mass surveillance at home and endless military projection abroad are the twin sides of the same coin of national security, which must simply be maximized as much as possible. Conspicuously missing from President Hollande’s decisive declaration of war however, was any mention of the biggest elephant in the room: state-sponsorship. A senior Western official familiar with a large cache of intelligence obtained this summer told the Guardian that “direct dealings between Turkish officials and ranking ISIS members was now ‘undeniable.’”

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This Is How Far America Has Fallen

"Give me liberty, or give me death!" – Partrick Henry, American Founding Father, 1775

"They value their civil liberties more than they value life. I disagree with that. You want to be free and dead? I’d rather be not free and alive" – Billionaire Hillary Clinton donor Haim Saban, 2015

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