President Obama

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Massive SWAT Presence In Ferguson Unleash Tear Gas & Rubber Bullets: "Go Home Or Be Subject To Arrest - This Is Not Open For Discussion" - Live Feed





At least 70 SWAT moving civilians along: "this is not open for discussion", "your rights to assemble are not being denied", 2 reporters arrested for "not packing bags fast enough"

Police are firing rubber bullets and tear gas - "This is no longer a peaceful assembly. Go home or be subject to arrest," says the loudspeaker.

Protesters exclaimed, "we have a right to assemble, a right to freedom," said Paul Muhammad. "But here we are facing what looks like a military imposing martial law. It is not acceptable." Interestingly, President Obama's official response "urging reflection" has been rejected as insultingly inadequate by many African American residents of Ferguson.

 
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Mosul's Damn Dam





Last week, the barbaric Islamic State seized the vitally important Mosul dam, dramatically impacting tactical options against them and potentially changing the future of the Middle East. When the US coalition forces invaded Iraq in 2003, military intelligence developed invasion scenarios.  One scenario included Iraqi forces placing detonation charges at the vitally important dam.  If US forces were able to safely secure the dam, then they had a contingency plan to operate it and ensure critically important maintenance.  The US quickly discovered the necessity for $27 million worth of frantically urgent repairs. A dam break does not require sabotage.  Maintenance failure has the same result.

 
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A 'Folksy' President Obama Reimagined (In 2 Cartoons)





Accountability... Responsibility... and 'torturing a few folks'...

 
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Can Europe Survive Without Russian Gas?





The western world has placed many sanctions on Russia and its economy. However, Russia holds major leverage over Europe; it has oil and Europe needs it (and may just do a 'deal').

 
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Goldman: What Happens Next On Tax Inversions?





Corporate "inversion" transactions already looked like a potential catalyst for tax reform over the medium term, but an uptick in deal activity seems to have increased the probability of near-term policy activity as well. Goldman's expectation is that such changes might be announced shortly after Congress recesses for the election in early October. Overall, it appears unlikely that Congress or the Treasury will make changes this year that eliminate the tax benefits of inversion, but the probability of incremental changes has increased.

 
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ISIS And The Coming Escalation In Iraq





ISIS has attracted an entire generation of radicalized Sunni militants to the region. If one watches interviews with their enemies such as e.g. Peshmerga fighters, one topic that is occasionally mentioned is that they don't seem to fear death much. Combined with their well-known brutality, this undoubteldy makes them a formidable fighting force. However, there is evidently far more to ISIS than that. All of the above suggests that it will be exceedingly difficult to effectively destroy ISIS. It seems to us that if the goals the president has announced in recent days are to be achieved, nothing short of a full-scale invasion of Iraq (as well as of Syria for good measure) is likely to suffice – and even then, success is by no means guaranteed.

 
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The Privilege Of Watching War





The prospect of renewed war has little effect on the public anymore. But in reality, we can’t begin to understand how it feels to live under the threat of bombs and shrapnel every day. As Americans, and Westerners, we are gifted with the option to not partake directly in war, but play the casual observer. Is this really human progress? Have we reached the pinnacle of human existence where men can live comfortably cheerleading for mass murder? Did anybody think to question this outcome of secular materialism before celebrating its benefits?

 
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If You Like Your "Boots On The Ground", Here's More - Obama Plans To Send 75 More 'Advisers' To Iraq





Despite reassurances that there will be "no US combat troops in Iraq again" on Friday, it appears - thanks to nuance of spin - that President Obama has changed his mind...

*OBAMA SAID TO CONSIDER SENDING ABOUT 75 MILITARY ADVISERS TO IRAQ: CNN

The question we have is - when does a "military adviser" stop being an 'assassination consultant' and start being a troops' boot on the ground?

 
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"US Sanctions On Russia May Sink The Dollar," Ron Paul Fears "Grave Mistake"





"The US government's decision to apply more sanctions on Russia is a grave mistake and will only escalate an already tense situation, ultimately harming the US economy itself. While the effect of sanctions on the dollar may not be appreciated in the short term, in the long run these sanctions are just another step toward the dollar's eventual demise as the world's reserve currency."

 
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President Obama "Phones It In" To Explain How Well Things Are Going In Iraq - Live Feed





Mass graves - transitory. Military coups - noise. ISIS direct calls for American blood - no problem. Siding with another unelected leader without being sure - new normal foreign policy. Arming kurd fighters - sure why not. Saving a few 100 Yazidi in the name of humanitarianism (oh and the oil sshh) - priceless. We hope President Obama has had a restful morning on his vacation at Martha's Vineyard as he speaks on the latest political developments in Iraq (which last week he explained were crucial if the army was ever to fight for the 'nation' ever again). Just a reminder, the call is 'audio only'  - listen hard for the calls of 'fore' in the background.

 
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The Politics of the Election Cycle and Policy Spin





One notices how the United States never has to go in with the military and bail out the Scandinavian countries? At some point the Iraqi people will have to take responsibility for how they want to live and deal with the consequences of these choices.

 
EconMatters's picture

The Bottom Is In For Treasuries





Any Bond Idiot Can Buy into Fear, but they are Forced to Sell into ‘Good Times’!

 
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President Obama Warns Iraq Situation "Is A Long-Term Project... Won't Be Solved In Weeks"





Just before he headed off to Martha's Vineyard for another vacation, President Obama explained the situation in Iraq (standing in front of the impressive Presidential helicopter) careful to use the phrase 'men, women, and children' numerous times. He called on Iraqis to unite against militants (subtley suggesting the reason the Iraq military ran away was because of a dis-united government). Crucially, he noted Iraq's Islamic State "problem will not be solved in weeks."

 
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Obama Wines & Dines Some Of The World's Most Brutal Dictators At US-Africa Summit





Last week's first ever U.S.-Africa summit was a perfect mix of dinner-party diplomacy with some of the world’s most violent and homophobic dictators. As the Daily Mail points out, President Obama had no problem smiling and hobnobbing with a cornucopia of murders and human rights abusers. Just remember this the next time a politician tries to get you enraged about a human rights abuse somewhere. There is always an ulterior motive, because without question, the U.S. only cares about human rights when it is geopolitically or economically advantageous to do so.

 
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Former Obamacare Boss Admits She Deleted Emails Sought By Congress





On the bright side, Marilyn Tavenner - appointed by President Obama to take over CMS within the Department of Health and human Services in 2013 - did not suffer a hard-drive crash. However, as MSNBC reports, she may be unable to cooperate with House Oversight and Government Reform Committee subpoenas because she deleted emails.

 
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