• Tim Knight from...
    02/06/2016 - 00:25
    What we must remember is this: we are in a bear market, and the risk of a countertrend rally is present, but confined. The opportunity on the downside movement dwarfs the risk of a push higher, as...
  • Phoenix Capital...
    02/06/2016 - 10:15
    2008 was caused by derivatives based on consumer-focused assets (houses). The next crisis will be driven by derivatives on government-focused assets (bonds).

Obama Administration

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ISIS – The Case For Non-Intervention





We don’t have a dog in this fight.  San Bernardino doesn’t change the calculation.  ISIS will eventually collapse under its own homicidal and parasitical weight, probably with the help of one or more of its neighbors, whose inactivity and divisiveness we currently underwrite. Then ISIS will be replaced by something better... or worse... it is impossible to know in this region.  In the interim, we and our European friends should focus our efforts on isolating ourselves from the madness.  And we certainly should not go out of our way to draw further fire.

 
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Central Bank Money Printing - The Rotten Philosophy That Lies Beneath





Taking away from the government its power of compelling the citizenry to accept money that it monopolistically controls and abuses may serve as an important legal and economic change to force the government and those who live at its spending trough to face the reality of the welfare state’s ideological and fiscal bankruptcy before it is too late to avert a complete collapse of the society.

 
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China Set To Establish No-Fly Zone Over Islands After Successful Test Flight





"The next step will be, once they've tested it with several flights, they will bring down some of their fighter air power - SU-27s and SU-33's - and they will station them there permanently. That's what they're likely to do."

 
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Hong Kong Publishers Reportedly Being Kidnapped By Chinese Authorities, Taken To Mainland





For several years now, we’ve periodically observed that China’s increasingly aggressive crackdown on dissent serves as a harbinger of far more difficult times ahead. The thinking goes that if anyone is privy to the severe fragility the country’s economic situation, it would be Chinese leadership. As such, desperate moves by Chinese leadership should foretell drastically worse economic and social conditions to come.

 
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Saudi Arabia Or Iran? It's Time For Obama To Choose





"The United States should do everything possible to avoid choosing sides in an intensifying proxy war between the dominant Shiite and Sunni powers in the Middle East. Though history tells us we should tilt toward Saudi Arabia, our old ally, if we look toward the future, Iran is the more logical partner. The reasons are simple: Iran’s security interests are closer to ours than Saudi Arabia’s are."

 
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Iran Unveils Second Underground "Missile City" In Further Humiliation For Obama





"We lack enough space in our stockpiles to house our missiles. Hundreds of long tunnels are full of missiles ready to fly to protect your integrity, independence and freedom. Those who threaten Iran with their military option on the table would better take a look at Iran’s ‘options under the table,’ namely the missile arsenals. Iran’s known military power is only the tip of the iceberg."

 
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Republican Threatens DoJ Budget Over Obama's 'Tyrannical' Gun Control Action





"The next twelve months will be an especially dangerous time for Americans who treasure our Second Amendment right to keep and bear arms," warns Rep. John Culberson (R-Texas), chairman of the Appropriations subcommittee that oversees the Justice Department (DoJ). As The Hill reports, his warning, in a letter to Attorney General Loretta Lynch, follows a threat to block President Obama's executive order on guns by defunding the DoJ.

 
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Playing The Government’s Game: When It Comes To Violence, We All Lose





It doesn’t matter what the issue is - whether it’s a rancher standing his ground over grazing rights, a minister jailed for holding a Bible study in his own home, or a community outraged over police shootings of unarmed citizens - these are the building blocks of a political powder keg. Much like the heated protests that arose after the police shootings in Ferguson and Baltimore, there’s a subtext to the Oregon incident that must not be ignored, and it is simply this: America is a pressure cooker with no steam valve, and things are about to blow. Now all that remains is a spark, and it need not be a very big one, to set the whole powder keg aflame.

 
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It's On: Saudi Arabia Severs Diplomatic Ties With Iran, "Does Not Care" If It Has Angered White House





Earlier today, as Iranian police struggled to disperse protesters gathered outside the Saudi consulate in Mashhad, we said that Saudi Arabia and Iran may be on the verge of a historic diplomatic crisis after demonstrators burned the Saudi embassy in Tehran on Saturday evening. Sure enough, just hours later, Saudi Foreign Minister Adel Al-Ahmad Al-Jubeir announced that Riyadh has cut diplomatic ties with Tehran

 
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Saudi Arabia "Doesn't Care" If White House Angered As US Urges 'Ally' To Ease Tensions





"We believe that diplomatic engagement and direct conversations remain essential in working through differences and we will continue to urge leaders across the region to take affirmative steps to calm tensions," US officials said on Sunday on the heels of Saudi Arabia's decision to cut diplomatic ties with Iran following the execution of a prominent Shiite cleric and the firebombing of the Saudi embassy in Tehran. The response from Riyadh: "enough is enough."

 
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Obama Folds To Iran (Again), Will Delay New Sanctions After Rouhani Threat





"If the president’s announced sanctions ultimately aren’t executed, it would demonstrate a level of fecklessness that even the president hasn’t shown before."

 
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15 News Stories From 2015 You Should Have Heard About But Probably Didn't





In 2015, the iron fist of power clamped down on humanity, from warfare to terrorism to surveillance, police brutality, and corporate hegemony. The environment was repeatedly decimated, the health of citizens was constantly put at risk, and the justice system and media alike were perverted to serve the interests of the powers that be. However, while 2015 was discouraging for more reasons than most of us can count, many of the year’s most underreported stories evidence not only a widespread pattern that explicitly reveals the nature of power, but pushback from human beings worldwide on a path toward a better world.

 
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Iran Defies Obama, Orders Expansion Of Missile Program





Earlier today, we outlined Washington's plan to slap new sanctions on Iran in connection the October test-firing of Tehran's next generation, surface-to-surface ballistic-missile Emad. It didn't take long for Iran to hit back, with President Rouhani now reportedly ordering the Defense Ministry to "expedite" missile development.

 
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Government Propagandist-In-Chief Condemns Political Incorrectness As "The Furthest Thing From Brave"





Some have called Cass Sunstein "America's Goebbels" since he sugggested that the government "formally hire credible private parties to engage in counterspeech," and was engaged by President Obama as 'Information Tzar'. So today's op-ed from the government's propagandist-in-chief, condemning those who choose to push back against political correctness, should be read with a Bernaysian perspective as Sunstein attempts to delegitimize any and every effort to argue against the government's view of the world.

 
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