• 03/29/2015 - 10:03
    Do our childish minds really think those whom we blindly empower will scurry away like cockroaches exposed by the refrigerator light and leave us be after the fall? Really? Are we serious?

Obama Administration

Tyler Durden's picture

Why There Is No Wage Growth In America





Over the past 2 years the Obama administration has been desperate to boost minimum wages, usually over tedious bickering with republicans and corporations who have resisted such an increase, with neither party realizing that such a measure would not do much to actually boost aggregate spending. Instead, what Obama should have been focusing on was to limit the maximum number of hours worked per week, because as the following chart shows, the reason why weekly pay is rising and aggregate earnings is not due to an increase in hourly wages but because Americans are simply working longer hours every week: not quality but quantity.

 
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Obama Administration Bullies Allies Over Iran Nuke Deal Dissent





President Obama is "blowing up our alliances to secure a deal that paves Iran’s way to a bomb," according to European sources close to the negotiations, and as Washington Free Beacon reports, efforts by the Obama administration to stem criticism of its diplomacy with Iran have included threats to nations involved in the talks, including U.S. allies. France has borne the brunt of Obama's wrath as one source in Europe close to the ongoing diplomacy said the US has begun to adopt a “harsh” stance toward its allies in Paris because "the clarifications expose just how weak the Americans’ deal is shaping up to be."

 
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Beyond Iran And Pakistan: 7 Nuclear Wannabes





While fear still lingers of a nuclear catastrophe on a similar scale as Fukushima, or earlier accidents such as Three Mile Island or Chernobyl, that hasn’t stopped a slew of countries from moving forward on plans to develop nuclear plants as an adjunct to existing power sources like hydro, coal, natural gas and good ol’ oil. Especially in developing countries that lack access to fossil fuels, nuclear is seen as a viable and cost-effective form of baseload power.

 
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US-Armed Rebels Force Yemen President To Flee Country As Saudis Prepare For War





UPDATE: *PRESIDENT OF YEMEN SAID TO HAVE LEFT THE COUNTRY ON BOAT FROM ADEN, AP SAYS

The countdown for yet another proxy war, this time involving Iran and Saudi Arabia, has begun.

 
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US House Votes 348-48 To Arm Ukraine, Russia Warns Lethal Aid Will "Explode The Whole Situation"





Yesterday, in a vote that largely slid under the radar, the House of Representatives passed a resolution urging Obama to send lethal aid to Ukraine, providing offensive, not just "defensive" weapons to the Ukraine army. The resolution passed with broad bipartisan support by a count of 348 to 48. Russia's response came promptly: Washington's decision to supply Ukraine with ammunition and weapons would “explode the whole situation” in eastern Ukraine and Russia would be forced to respond “appropriately,” Russia's Deputy Foreign Minister Sergey Ryabkov said at the end of February.“It would be a major blow to the Minsk agreements and would explode the whole situation,”

 
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Did De-Dollarization Just Reach Escape Velocity? China's New Silk Road & Putin's Eurasian Trade Network





The New Silk Road, actually roads - boosted by a special, multi-billion-dollar Silk Road Fund and the new Asian Infrastructure Investment Bank (AIIB), which, not by accident, has attracted the attention of European investors - symbolizes China’s pivot to an old heartland: Eurasia. Beijing has been quick to dismiss any notions of hegemony. It maintains this is no Marshall Plan. China, on the other hand,  is focused on integrating “emerging economies” into a vast, pan-Eurasian trade/commerce network. And that, crucially, would have to include Russia, which is a vital part of the New Silk Road through an upcoming, Russia-China financed $280 billion high-speed rail upgrade of the Trans-Siberian railway. This is where the New Silk Road project and President Putin’s initial idea of a huge trade emporium from Lisbon to Vladivostok actually merge.

 
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US "Loses" $500 Million In Weapons Given To Yemen, Now In Al-Qaeda Hands





Just when we thought it was logistically impossible for US foreign policy to be any more incompetent and cluless, we read this...

 
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The Real Reason The American Dream In Unraveling





“I am for doing good to the poor, but…I think the best way of doing good to the poor, is not making them easy in poverty, but leading or driving them out of it. I observed…that the more public provisions were made for the poor, the less they provided for themselves, and of course became poorer. And, on the contrary, the less was done for them, the more they did for themselves, and became richer.” - Benjamin Franklin

 
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Propagandists Use Automated Software to Spread Disinformation





That @ssh&le Who Spews Garbage and Doesn't Listen to Your Reasonable Comments ... May Be a Bot

 
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Washington Blinks: Will Seek Partnership With China-Led Development Bank





"The Obama administration, facing defiance by allies that have signed up to support a new Chinese-led infrastructure fund, is proposing the bank work in a partnership with Washington-backed development institutions such as the World Bank." And with that, one giant shift towards de-dollarization is now in the books.

 
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Clinton Foundation’s Deep Financial Ties to Ukrainian Oligarch Revealed





When I first came across the title to this article, I didn’t think much of it. In fact, I almost didn’t even click the link thinking it was just a repeat of a prior expose I highlighted in the post: Hillary Clinton Exposed Part 2 – Clinton Foundation Took Millions From Countries That Also Fund ISIS. Fortunately, I did decide to take a look and pretty soon my jaw absolutely hit the floor. Although the Wall Street Journal didn’t play up the connection, I was stunned to see that of all the oligarchs connected to foreign governments who donated to the Clinton Foundation while she was Secretary of State, Ukraine was at the very top.

 

 
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De-Dollarization Accelerates As More Of Washington's "Allies" Defect To China-Led Bank





"Ignoring direct pleas from the Obama administration, Europe’s biggest economies have declared their desire to become founding members of a new Chinese-led Asian investment bank that the United States views as a rival to the World Bank and other institutions set up at the height of American power after World War II," The Times notes, in yet another indication of declining US influence.

 
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Obama Administration Sets New Record For Censoring & Denying-Access-To Government Documents





War is Peace
Freedom is Slavery
Ignorance is Strength
Censorship is Transparency...

 
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