Obama’s ‘mono-polar world’ is a fiction, and the sooner that he and his Big Lie can be exposed (by the Western press, to the Western publics), the safer everyone will be. Discomforts on the parts of those who have promulgated and propagandized that lie will be vastly less than the disastrous alternative, which would destroy the world for everyone.
Trump does not seem to understand how deeply important NATO or US militarism elsewhere around the globe are to American hegemony under its corporate capitalist system. If and when he does actually try to implement his policy, he will encounter formidable forces that he probably isn’t aware of yet. The last American president who tried to rein in the corporate power of US militarism was John F Kennedy. He was assassinated on November 22, 1963, in broad daylight
"The Democrats can be viewed as the evil party and the Republicans as the stupid party. But they’re really just two sides of the same coin, at least when it comes to their leadership - they’re all Deep State members. The Libertarians once had a claim to being the party of principle, back in the days when people like John Hospers, Harry Browne and Ron Paul were their candidates. But now, the Libertarians can be viewed, at best, as the smart wing of the stupid party. It’s a sad testimony to the nature of politics..."
Trump says that the US has to "fix our own mess" before "lecturing" other nations on how to behave. No matter how extreme he may be in some of his statements, that one strikes a truly sensible note. Why does America consider that it has the right to hector and lecture China and Russia and so many other countries? It is, of course, because, as Obama announced, America considers itself the "one indispensable nation in world affairs."
After all this time, however, Hillary doesn’t get any of it. She thinks war is peace; deficits don’t matter; the baby boom is entitled to the social insurance they didn’t earn; and that the Fed’s serial bubble machine is leading the nation back to prosperity.But like the generation she represents, she has betrayed hergrand ideals over a lifetime of compromise, expediency, self-promotion and complacent acquisition of power, wealth and fame. She doesn’t deserve another stint at the podium - let alone the bully pulpit.
"So this is really the class war. And it's the class war of Wall Street and the corporate sector of the Democratic side against Trump on the populist side...Krugman has joined the ranks of the neocons, as well as the neoliberals, and they're terrified that they're losing control of the Republican Party. For the last half-century the Republican Party has been pro-Cold War, corporatist. And Trump has actually, is reversing that. Reversing the whole traditional platform. And that really worries the neocons..."
Having entertained America for the past three days, overnight Donald Trump's rhetoric crossed the Atlantic and as the FT puts it, "has sparked a wave of alarm across Europe" as well as calls for solidarity from the head of NATO after warning that the US might not come to the defence of an alliance ally under attack from Russia if that country had not fulfilled its obligations to America.
In a stark reminder of how precarious the situation remains in Ukraine two years after a coup took place, which ushered in a new-pro Western government and which the western democracies had no objections against, earlier today a prominent journalist working for the online investigative website Ukrayinska Pravda was killed by a car bomb in central Kiev early on Wednesday morning, in what President Petro Poroshenko said was an attempt to destabilize Ukraine.
Immigration is now at the center of American and British politics. Trump and Farage see immigration as an existential threat. But do the United Kingdom and the United States have especially large foreign-born populations? Is the number of foreign-born residents in those countries rising at rates faster than in other countries? And how is the composition of the foreign-born population changing?
Norges Bank continues to hold rates at .5%, signaling an upward bias but willing to cut if needed, depending on unforeseen external shocks like BREXIT. In my opinion, they really don’t know what to do while the country heads for stagflation (simultaneous rising unemployment and inflation). They are in a “damned if they do and damned if they don’t situation.”
The Russian currency is still far below its historic average; aside from making the country dirt cheap for anyone with foreign currency, we discovered something very interesting today... Some of Russia’s coins are now worth less than their metal values.
In an unexpected twist over the Syrian conflict, John Kerry arrives Moscow today to seek closer Russian cooperation in the war against Islamic State in Syria, in what some have dubbed a dramatic shift in US military objectives on the ground, and what to most is seen as the clearest diplomatic victory by Putin in the escalating "new cold war" with the west yet.