President Obama Points "Provable Facts" Finger At Russia Over Ukraine Instability (Despite 'Ceasefire') - Live FeedSubmitted by Tyler Durden on 09/03/2014 09:15 -0400
Russia did this... "These are facts, provable," President Obama declared... we let him continue...
Just hours after the beheading of a 2nd American journalist, The White House has issued a statement:
*U.S. TO SEND ABOUT 350 MILITARY PERSONNEL TO IRAQ: WHITE HOUSE
*WHITE HOUSE SAYS ADDITIONAL FORCES WON'T SERVE IN A COMBAT ROLE
With American non-combat, humanitarian, advisers now being dispersed to the four corners of the world for non-combat, humanitarian, advisory roles; one wonders how long it will be before someone asks President Obama just what these peace-keeping non-combat personnel will be doing in their role "to protect diplomatic facilities and personnel in Baghdad."
Last Thursday the Ukrainian government, echoed by NATO spokesmen, declared that the the Russian military is now operating within Ukraine's borders. They said the same thing before, most recently on August 13, and then on August 17, each time with either no evidence or fake evidence. But let's give them the benefit of the doubt. You be the judge. We put together this helpful list of top ten telltale signs that will allow you to determine whether indeed Russia invaded Ukraine last Thursday, or whether Thursday's announcement is yet another confabulation...
A lack of strategy is a glimmer of hope. Perhaps the president will finally stop listening to the neocons and interventionists whose recommendations have gotten us into this mess in the first place! Here’s a strategy: just come home.
Although I never thought it was possible, it makes me angry to write this book review. I'm not angry because I don't like the book. On the contrary, this is the best economics book I've ever read. Indeed, it may be the best and most influential book I've ever read in my life. I only wish I had read it the moment it was published in April 2013.
“Political power grows out of the barrel of a gun.” While some quotes are indelibly linked with certain politicians - in this case, Mao Zedong - in many other cases, what leaders say can sound the same, no matter what end of the political spectrum they sit on. WSJ Real Time China blog asks can you tell some of his other musings apart from those of U.S. President Barack Obama? Or current Chinese President Xi Jinping?
As President Obama prepares to unleash his new 'strategery' to deal with ISIS, Syria, Putin... and so on, we thought a subtle reminder of the real cost of war was prescient...
ISIS Sends 2nd Beheading "Message In Blood" Video; Warns Kurds "Huge Mistake Joining Hands With America"Submitted by Tyler Durden on 08/29/2014 15:41 -0400
Just hours after hours after another video purporting to show the mass execution of up to 250 Syrian soldiers in the desert, The Independent reports ISIS has released a video apparently showing the beheading of a Kurdish man in Iraq as a warning to Kurds fighting the group in the country. The video, entitled "A Message in Blood" ends with the victim beheaded and the fighters warn others will face the same fate should Kurdish leaders choose to continue an alliance with the US..."You have made a huge mistake by joining hands with America."
"As the murderous, terrorist Islamic State continues to threaten Iraq, the region and potentially the United States, it is vitally important that we examine how this problem arose. Any actions we take today must be informed by what we've already done in the past, and how effective our actions have been... The Islamic State represents a threat that should be taken seriously. But we should also recall how recent foreign-policy decisions have helped these extremists so that we don't make the same mistake of potentially aiding our enemies again."
S&P Futures Surge Over 2000, At Record High, On Collapsing Japanese, European Economic Data, Ukraine EscalationsSubmitted by Tyler Durden on 08/29/2014 07:07 -0400
Following Wednesday's laughable tape painting close where an algo, supposedly that of Citadel under the usual instructions of the NY Fed, ramped futures just over 2,000 to preserve faith in central planning, yesterday everyone was expecting a comparable rigged move... and got it, only this time milliseconds after the close, when futures moved from solidly in the red, to a fresh record high in seconds on no news - although some speculate that Obama not announcing Syrian air strikes yesterday was somehow the bullish catalyst - and purely on another bout of algo buying whose only purpose was to preserve the overnight momentum. Sure enough, this morning we find that even as bond yields around the world continue to probe 2014 lows, and with the Ruble sinking to fresh record lows as the Ukraine situation has deteriorated to unprecedented lows, so US equity futures have once, driven by the now generic USDJPY spike just after the European open, again soared overnight, well above 2000 and are now at all time highs, driven likely by the ongoing deflationary collapse in Europe where August inflation printed 0.3%, the lowest since 2009 while the unemployment remained close to record high, while the Japanese economic abemination is now fully featured for every Keynesian professor to see, with the latest Japanese data basically continuing the pattern of sheer horror as we reported yesterday.
UPDATE: Damage Control Spin begins... Josh Earnest: "In his remarks today, POTUS was explicit - as he has been in the past - about the comprehensive strategy we'll use to confront ISIL threat."
President Obama 'knows' how to handle Putin's 'continuation' (not 'invasion') - more sanctions (and costs for Europe) - but when it comes to beating the most "barbaric" terrorists known as ISIS, ISIL, or The Islamic State; he had this to offer... "I don't want to put the cart before the horse. We don't have a strategy yet." Rest assured Americans - who have been told that ISIS could be crossing the borders every day and a constant threat, President Obama is 'working on it'. Perhaps most crucially, while we 'joke' that the administration has no strategy, it is noteworthy that Obama stated it was "not US policy to defeat ISIS, only reverse gains."
Aside from his "we don't have a strategy" comment, the loudest statement President Obama made this afternoon appeared to be his choice of a "taupe" jacket. However, with everyone discussing Obama's "tan pan", we wonder isn't the President's 'green' fixation a more relevant topic?
Americans Have Lost Faith
First Russia and China, then UAE, Egypt, and Turkey... and now it appears Germany (following a phone call with Putin) is pulling the rug out from under US hegemony - just as Obama's warmongery ramps up...
*MERKEL SAYS U.S. CAN'T SOLVE ALL THE WORLD'S PROBLEMS ANYMORE
Which is odd because just yesterday, President Obama (who never lies) stated "The United States is and will remain the one indispensable nation in the world..." adding that "no other nation can do what we do." Perhaps he is wrong?
When President Obama bragged earlier that "The United States is and will remain the one indispensable nation in the world..." adding that "no other nation can do what we do," we should have guessed some more war-mongering was coming... and sure enough. As AP reports, it appears Syrian airstrikes are on their way, but there's a mind-blowing twist in US foreign policy: "In an effort to avoid unintentionally strengthening the Syrian government, the White House could seek to balance strikes against the Islamic State with attacks on Assad regime targets." In the words of the Guinness commercial, Brilliant.