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The Latest News Out Of Iraq - Full Overnight Update

Tyler Durden's picture


Events in Iraq are changing by the hour, now that US combat boots are "on the ground", expect them to change even faster. For those looking to catch up on the most recent overnight news out of this latest civil war torn country, here is the full update.

  • Iraq's biggest oil refinery shut down, foreign staff evacuated (Reuters)
  • Obama Sends Troops to Assist Iraq Embassy, Weighs Strikes (BBG)
  • Kurds Grab Fourth-Largest Iraq Oilfield Amid ISIL Advance (BBG)
  • Iraqi troops and Sunni rebels battle for control of Tal Afar (FT)
  • Brent Drops as Iraqi Forces Slow Insurgent Advance (BBG)
  • U.S., Iran Discuss Crisis in Iraq (WSJ)
  • ISIS gunmen attacked a prison in the city of Baquba, 34 miles north of Baghdad, killing 43 inmates; Iraq military says it repelled the attack (BBG)
  • Obama Courting Iran for Help in Iraq Risks Backlash (BBG)
  • Kidnapped Chinese CNPC Employee Rescued in Iraq (Caixin)
  • In diplomatic breakthrough, Britain says to re-open Iran embassy (Reuters)
  • Iraq produced 3.125mln bbl/d of crude oil in the period from January to May, exported 2.5mln bbl/d in the period January to May while Kirkuk crude output has been 300K bbl/d since March according to the Iraq Govt. (BBG)
  • India’s Iranian oil imports have risen 13.5% in May vs. April, above 2mln bbl, yet are down 0.6% in May vs. year ago. (Business Today)
  • BP’s CEO Bob Dudley has said their operations in Iraq are so far unaffected by violence, with non-essential production people having left but operations continue. (RTRS)

And of course...



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Tue, 06/17/2014 - 08:03 | 4864337 becky quick and...
becky quick and her beautiful mouth's picture


Tue, 06/17/2014 - 08:07 | 4864345 GetZeeGold
GetZeeGold's picture



Hope and change!

Tue, 06/17/2014 - 08:08 | 4864352 hungarianboy
hungarianboy's picture

This is just pathetic.

Tue, 06/17/2014 - 08:13 | 4864361 TeamDepends
TeamDepends's picture

Anyone heard from the anti-war Left?  (crickets)

Tue, 06/17/2014 - 08:18 | 4864367 Atomizer
Atomizer's picture

No we haven't. It's astonishing. 

Tue, 06/17/2014 - 08:21 | 4864370 svayambhu108
svayambhu108's picture

Shit just hit the fan, take cover.

Tue, 06/17/2014 - 10:07 | 4864776 Ozy_mandias
Ozy_mandias's picture

Does anyone know what the Saudi response to this is?

Iran and the U.S. wokring together/ Britain re-opening embassy, have anything to do with the Saudi's getting ready to sell in anything other than the green back?

Tue, 06/17/2014 - 11:39 | 4865226 disabledvet
disabledvet's picture

"Hitler's last roll of the dice."

Tue, 06/17/2014 - 08:20 | 4864371 jay28elle
jay28elle's picture

The Nobel Peace Prize recipent, I am sure, is keeping them updated at each of his $50k campaign dinners.

Tue, 06/17/2014 - 08:38 | 4864411 Snoopy the Economist
Snoopy the Economist's picture

When he's not playing golf or with Reggie that is...

Tue, 06/17/2014 - 08:51 | 4864440 SokPOTUS
SokPOTUS's picture

It's in the Hole!

Tue, 06/17/2014 - 10:15 | 4864819 ceilidh_trail
ceilidh_trail's picture

I see what you did there.

Tue, 06/17/2014 - 11:38 | 4865223 forensicator
forensicator's picture

cough, LOL......

Tue, 06/17/2014 - 08:30 | 4864383 RadioactiveRant
RadioactiveRant's picture

We told you not to invade? Mind your own business, etc..


I'm also a green; I'd like to seen the "West" wean itself off oil and leave the rag heads and jews to kill each other without consequence.

Tue, 06/17/2014 - 10:00 | 4864756 BobTheSlob
BobTheSlob's picture

"I'm also a green; I'd like to seen the "West" wean itself off oil and leave the rag heads and jews to kill each other without consequence."

So it's settled, you believe in Unicorns, fairy dust, and the idea of defying the laws of physics with 12th century windmills, 19th century photovoltaic technology, and primeval algal blooms. Congrats!

Tue, 06/17/2014 - 11:38 | 4865220 RadioactiveRant
RadioactiveRant's picture

If France, Germany, the UK, Portugal, Denmark, Italy, Switzerland, Ireland, Austria, New Zealand, etc.. can live on 25-35 bbl/day per 1000 then Canada, the US, Netherlands, Belgium, Luxembourg, etc dont need to use 60-119 bbl/day/1000.

Building cities with ski resorts in the desert is a fantasy land; in 50 years time they won't be able to cool, provide water for, or feed them. We're allowing the ME nations to build populations and military structures that will become very unstable when the oil eventually does run out. 

Tue, 06/17/2014 - 12:10 | 4865405 WarHorse
WarHorse's picture

Hey dumbo ... we import virtually no oil from the Middle East these days.  You ever hear of the shale revolution?  Any imports are from Canada, Mexico, Ven.  NO REASON TO BE IN THE MIDDLE EAST ANY LONGER

Tue, 06/17/2014 - 14:29 | 4866100 RadioactiveRant
RadioactiveRant's picture

America is an island.

Tue, 06/17/2014 - 09:11 | 4864508 Last of the Mid...
Last of the Middle Class's picture

They all got addicted to Lortab, now they're taking suboxone and Zoloft so they're only awake about 2 hours a day. They get up eat then watch dancing with the stars and crash again. Anti war left is gone with the wind right behind the middle class.

Tue, 06/17/2014 - 09:22 | 4864571 11b40
11b40's picture

You must not be listening. 

What I don't hear much of is enthusiasm from anywhere but the Neocon camp.....and they are having a tough time making their points without someone shouting them down.

Tue, 06/17/2014 - 11:44 | 4865257 disabledvet
disabledvet's picture

We're going to not just have to hit them...but hit them hard.

And that's a fact.

The American people are not prepared for this...and I can't say even I have a clue the right argument to be used to explain this turn of events.

Tue, 06/17/2014 - 08:09 | 4864355 Haus-Targaryen
Haus-Targaryen's picture

Come on guys, we all know they are just there to protect the embassy. 


Tue, 06/17/2014 - 09:36 | 4864645 Meat Hammer
Meat Hammer's picture

Yep. They're probably just advising like in Vietnam.

Tue, 06/17/2014 - 11:01 | 4865042 RichardP
RichardP's picture

They were reportedly sent to defend the embassy in Baghdad.

Tue, 06/17/2014 - 11:41 | 4865241 forensicator
forensicator's picture

why defend and empty building?

Tue, 06/17/2014 - 11:45 | 4865264 Jerk_Store
Jerk_Store's picture

And our freedoms

Tue, 06/17/2014 - 10:31 | 4864907 Canadian Dirtlump
Canadian Dirtlump's picture

a couple of more updates:


THe Syrian Air force has bombed several ISIS convoys, providing the SOLE country in the world at this point assisting. They know what the US / Saudi trained ISIS is all about though. There is a virtual blackout on this. FOx mentioned it yesterday briefly but it flies in the face of the MSM lies.

note the above, the syrian lavatory for human rights, the one man propaganda crew for the rebels posted in the UK even confirms this. It is said that the bombing has straddled the border.


Thousands of SUNNI muslims have answered the call to help fight ISIS in Iraq, flying in the face of this being a civil war.


at least 300 isis members whacked


Iraqi forces taking back control


So I hate to spoil the party that says this is a rabid civil sectarian war that the evil ruling shia iraqis are losing.


Tue, 06/17/2014 - 08:59 | 4864461 Hobbleknee
Hobbleknee's picture

Who are they fooling? Everyone knows US troops never left in the first place.

Tue, 06/17/2014 - 08:03 | 4864339 negative rates
negative rates's picture

We'll have boots in the ground by thanksgiving.

Tue, 06/17/2014 - 08:06 | 4864341 cossack55
cossack55's picture

Labor Day

Tue, 06/17/2014 - 08:06 | 4864346 cossack55
cossack55's picture

4th of July

Tue, 06/17/2014 - 08:21 | 4864372 NidStyles
NidStyles's picture

Today actually. 

Tue, 06/17/2014 - 08:07 | 4864348 BandGap
BandGap's picture

Uh, if we send combat troops it will be a hell of a lot sooner than that.

What I don't get is in the first Gulf War two fucking A-10s beat the living shit out of an Iraqi column. Someone please tell me that a decently planned air campaign couldn't take out an army advancing army of beheading SOBs.


Tue, 06/17/2014 - 08:12 | 4864360 agent default
agent default's picture

You are missing the bigger picture.  US fucked up in Syria and fucked up in Ukraine. Who do you think is behind this.  Look at the map and tell me how would you bypass Syria if you had to. 

Tue, 06/17/2014 - 08:32 | 4864387 Ghordius
Ghordius's picture

in that bigger picture you have also to put the George Bush supercarrier that can safely enter the Persian Gulf, thanks to the fact that Iranian and US interests are now on the same side in Iraq. as often, politics makes strange bedfellows. welcome to the new US-Iran military partnership against religious fundamentalism. no /sarc necessary

Tue, 06/17/2014 - 11:09 | 4865087 RichardP
RichardP's picture

... welcome to the new US-Iran military partnership against religious fundamentalism.

Welcome to the new US-Iran military partnership of religious fundamentalism against religious fundamentalism.

Iran is Shiite.  The advancing rebels are Sunni.  Both Islamic.  To be fair, though - I suppose you could argue that one group is more fundamental than the other.  But is that a distinction with any relevant difference?

Tue, 06/17/2014 - 11:47 | 4865277 disabledvet
disabledvet's picture

The "bigger bigger picture" is that the CIA (ISIS) has now attacked the State Baghdad.

Talk about "Pentagon heaven."

Tue, 06/17/2014 - 08:14 | 4864364 TeamDepends
TeamDepends's picture

Can't do that under the current "Rules of Engagement".  An American soldier must be beheaded first.

Tue, 06/17/2014 - 08:42 | 4864420 hootowl
hootowl's picture

Ovomit's Current rules of engagement will allow U.S. special forces to hand spank every murdering savage they can capture, then fly them to bermuda for R & R.

Tue, 06/17/2014 - 08:23 | 4864373 NidStyles
NidStyles's picture

Nothing like an A-10 flying around blasting anything that moves because the ISIS are using civilian vehicles. 

Tue, 06/17/2014 - 11:50 | 4865293 disabledvet
disabledvet's picture

The "Hobby Lobby Counteroffensive."

I like this.

Tue, 06/17/2014 - 08:27 | 4864380 Winston of Oceania
Winston of Oceania's picture

Sounds like a job for cluster bombs...

Tue, 06/17/2014 - 08:53 | 4864446 SokPOTUS
SokPOTUS's picture

Cluster-something, alright...

Tue, 06/17/2014 - 09:26 | 4864593 Wannabee
Wannabee's picture

A10 is too efficient & cost effective for MIC. Can't have that going on, might spread to other areas. Better idea to use F-35.

No sarc tag needed here.

Tue, 06/17/2014 - 09:51 | 4864708 Ferrari
Ferrari's picture

Un-fucking-real. US Gov is pure, treasonous criminality.

Tue, 06/17/2014 - 11:53 | 4865303 disabledvet
disabledvet's picture

They've just attacked themselves. Brennan and Kerry are done.

Tue, 06/17/2014 - 10:27 | 4864886 I Write Code
I Write Code's picture

I'd save (more like update!) the A-10 too, but we do have lots of alternatives, from cluster bombs to PGM to Apache choppers with hellfires, and of course drones drones drones.

A single B-1 could carry enough 2000lb PGM to turn a two mile column into a canal ... though I don't know that we have the dynamic targeting skills to do it quite that way, but we should - and we might.

Tue, 06/17/2014 - 12:36 | 4865498 still kicking
still kicking's picture

The beauty of the A-10 over all the other alternatives is that you just can't knock that motherfucker out of the sky from the ground.  It is literally a flying tank.

Tue, 06/17/2014 - 16:15 | 4866544 TheReplacement
TheReplacement's picture

Got Stingers?  The CIA has been doling them out like lollipops.  At least one American chopper in Afghanistan has been confirmed down due to a recent vintage Stinger missile - most were bound for Syria (ISIS?) but some got rerouted to Afghanistan.

Tue, 06/17/2014 - 10:44 | 4864964 Renewable Life
Renewable Life's picture

Because, the "rebels" are adapting and evolving from when A10s meant shit, this new breed of fighter in the ME understands the the US military better then we understand the US military! When they conquer a city now, they are seperating the commanding officers, police, businessmen and others"collaborators" and executing them immediately, hense destroying any hope or investment we made in these people! We have lost literally 100's of billions in training and equipment, time and effort in just the last 72 hours over there!
Secondly they are using the tens of thousands of unarmed civilians as human shields as they march to the next city or strategic location! Hense rendering US air power ineffective, unless we want to slaughter thousands of women and children and "Iraqi military" marching on roads!
They have control of the power stations and refineries north of Baghdad, if they can cut off the airport inside Baghdad, they will essentially have Iraq conquered and under seige, and there won't be a god damn thing air power can do about it! Unless America wants to put another 500,000 men on the ground!
It's 100x worse then Vietnam from a logistical, geopolitical, and energy resource standpoint! We already spent 3-4 trillion over there and got absolutely nothing for it, had 50,000 men and women killed or wounded, oil is at 105 a barrel and will never go back,down, and we are exhausted, demoralized, and powerless to change the reality on the ground!!

Tue, 06/17/2014 - 16:17 | 4866550 TheReplacement
TheReplacement's picture

AAPL it is!  Thanks for the tip.

/sarc (sadly needed tag)

Tue, 06/17/2014 - 16:11 | 4866525 TheReplacement
TheReplacement's picture

Look at the ISIS vehicles that are marked.  Where are the markings?  Not on the sides.  Not on the front of back.  On the hoods...  they are marked to be ID'ed from above.  But they have no air force. 

US has admitted flying drones in Iraq for weeks...


There is an article out today saying that the US trained ISIS fighters in Jordan last year.


2+2 is, well that depends on what the meaning of ISIS.

Tue, 06/17/2014 - 08:06 | 4864344 Atomizer
Atomizer's picture

Go long on camel milk. 

Tue, 06/17/2014 - 08:08 | 4864353 cossack55
cossack55's picture

@ $18.00/pint. hmmmm.......

Tue, 06/17/2014 - 08:09 | 4864356 ChopperReid
ChopperReid's picture

Short Dollar, Long Cannabis


Tue, 06/17/2014 - 13:31 | 4865730 mt paul
mt paul's picture

the petro dollar is dying

birth of the pot dollar...


long Zig Zag...

Tue, 06/17/2014 - 08:08 | 4864350 Truther
Truther's picture

He lied

Tue, 06/17/2014 - 08:11 | 4864357 Winston Churchill
Winston Churchill's picture

Obozo is unable to tell the truth.Ever.

Tue, 06/17/2014 - 08:16 | 4864365 negative rates
negative rates's picture

It's worse than that, we can't do ANYTHING right.

Tue, 06/17/2014 - 08:23 | 4864375 NidStyles
NidStyles's picture

Not we, they. 

Tue, 06/17/2014 - 08:38 | 4864410 hootowl
hootowl's picture

Ovomit promised to "Fundamentally transform America".  He and the Iranian implant, Valerie Jarrett, that runs his regime, are accomplishing everything they promised.

This is a result of the ebonic plague that is the greatest curse ever inflicted on America.

Tue, 06/17/2014 - 08:08 | 4864351 dizzyfingers
dizzyfingers's picture

Neverendingwar = neverending profits for....

Tue, 06/17/2014 - 08:09 | 4864354 saints51
saints51's picture

When is the exact day America went full retard? Anybody have a good idea. I can think of several key dates but can not pinpoint the exact one.

Tue, 06/17/2014 - 08:12 | 4864359 Winston Churchill
Winston Churchill's picture

Dec. 23rd 1913.

Tue, 06/17/2014 - 08:34 | 4864402 hootowl
hootowl's picture

1000+ up votes.

Tue, 06/17/2014 - 08:42 | 4864418 machineh
machineh's picture

Dec. 23, 1913

Nov. 22, 1963

Sep. 11, 2001

Mission accomplished ... :-(

Tue, 06/17/2014 - 08:17 | 4864366 negative rates
negative rates's picture

It was death by a thousand cuts, there was no specific time frame, but closer to a hard line frame of mind which doomed the country.

Tue, 06/17/2014 - 08:24 | 4864377 mvsjcl
mvsjcl's picture

Mayhaps, but for me the final thrust was 9/11.

Tue, 06/17/2014 - 08:40 | 4864415 TeamDepends
TeamDepends's picture

Wasn't it amazing how the Patriot Act (because it's aimed at patriots), a four-inch thick piece of er, legislation, was ready to go some 48 hours after the cessna-trained boojiemen performed their magic?

Tue, 06/17/2014 - 08:47 | 4864431 mvsjcl
mvsjcl's picture

Funny how the most odious legislation is always titled something no one would want to argue against. Who's against Patriots? Who would dare deny Affordable Care? Fucking assholes. All of them.

Tue, 06/17/2014 - 11:58 | 4865298 forensicator
forensicator's picture

When building 7 was taken down for safety reasons

Tue, 06/17/2014 - 08:44 | 4864422 Ghordius
Ghordius's picture

why "full retard"? if you want the date when the US became a colonial power, then I'd say April 25th, 1898, Spanish–American_War. WC's 1913's date is imho just the financial update necessary to compete with the other Powers

Tue, 06/17/2014 - 09:11 | 4864505 intric8
intric8's picture

another important year - 1914, which makes it seem like we're celebrating the centennial of ww1 with all this renewed worldwide conflict going on

Tue, 06/17/2014 - 08:44 | 4864424 SofaPapa
SofaPapa's picture

"When is the exact day America went full retard? Anybody have a good idea. I can think of several key dates but can not pinpoint the exact one."

I asked a similar question a week or so ago and I have heard several responses since.  You can pick whichever one resonates for you:

1913 - Federal Reserve, Income Tax, Planning laid to bring US onto the "world stage".

1933 - Private gold holding made illegal

1963 - Assassination of Kennedy

1971 - End of gold standard

1990 - End of the Soviet Union leaves US masters of the Universe without an enemy of their scale.  Hilarity ensues.

2001 - 9/11

2008/2009 - ongoing...

There are plenty of other candidates: Vietnam, Iraq, Bush II's coronation by the supremes, etc. etc...  Like all things, this has been a process, with each event laying the groundwork for the next.  In the end, because we still have a society where most people have access to relatively convenient dietary calories and shelter over their heads, there has never been enough discomfort to cause unrest that seriously threatens the status quo.  History will not judge this kindly, but by the time the unrest breaks out, people will focus on the immediate spark and not worry about the fact that the rot at the core of our system has been building for more than a century.  Ours is hardly the first empire to find ourselves in this position.  Same as it ever was.

Tue, 06/17/2014 - 08:57 | 4864453 tarsubil
tarsubil's picture

For me it is 1913. Federal Reserve, Fed Income Tax, and popularly elected Senators. Those three things did the country in. The Federal government had imperial ideas before that with previous wars but it was held back before those three things and couldn't become the conniving imperial douche power that it is today without those three things.

Tue, 06/17/2014 - 12:33 | 4865491 falconflight
falconflight's picture

Could not agree more...the US had its Bolshevek Revolution 4 years before the Russians.  

Tue, 06/17/2014 - 16:20 | 4866563 MisterMousePotato
MisterMousePotato's picture

@SofaPapa ...

I gave you a happy uptwinkle because you very succintly hit most of the high points. Nicely done.

However, this?: " ... Bush II's coronation by the supremes ... ."

This is the political equivalent of "global warming," and to understand the issue(s), one has to read more than just Salon, the NYT, and Democrat Underground.

Besides (just to be practical) ... do you really think things would have been better or even different with that stupid fat fuck Gore?

Wed, 06/18/2014 - 12:49 | 4869871 SofaPapa
SofaPapa's picture

Good point.  I stand corrected.  There would have been no difference.  Cheers.

Thu, 06/19/2014 - 02:57 | 4872637 MisterMousePotato
MisterMousePotato's picture

Well. You certainly took that well. You're a better man than me.

Tue, 06/17/2014 - 09:09 | 4864496 USGrant
USGrant's picture

1934 Silver Nationalization -US buys silver at .50 per oz sucking all the silver out of China and thus destabilizes their monitary silver standard setting them up for the Japanese invation and eventually Communism. This is after London ran the price of silver down to .24 per oz by 1931 and destroyed the Indian silver standard.

Tue, 06/17/2014 - 08:46 | 4864428 potato
potato's picture

War of Northern Aggression

Tue, 06/17/2014 - 09:41 | 4864658 Wannabee
Wannabee's picture

Read 'Internal Combustion' by Edwin Black.
Internal Combustion: How Corporations and Governments Addicted the World to Oil and Derailed the Alternatives

Tue, 06/17/2014 - 08:11 | 4864358 Catullus
Catullus's picture

Here's what I think: the ISIS and Sunni coalition aren't going to try take Baghdad. They know they can't take it with the Shia majority in the city. They're going to consolidate gains. The Kurds will take more territory.

If someone in ISIS is smart, they'll call for a referendum to split the country into 3. Which should have happened 8 years ago. Instead the US installed this Shia regime that kept all Sunnis out of the government.

Tue, 06/17/2014 - 08:29 | 4864382 Atomizer
Atomizer's picture

Shakes head in agreement. If the DC skanks back off the nanny state democracy shit, Iraq will find its own way to reunite. IMHO..

Tue, 06/17/2014 - 08:36 | 4864405 thamnosma
thamnosma's picture

It won't reunite.  No reason to.  Iraq was a British-French concoction that had nothing to do with reality.

Tue, 06/17/2014 - 08:45 | 4864425 machineh
machineh's picture

Without the oil fields and refineries in the north, rump Iraq (the southern third) will have a hard time financing itself.

Tue, 06/17/2014 - 09:45 | 4864685 conscious being
conscious being's picture

Take a look at this map

See the oil fields in the south?  See the refineries? The seaport?

But no worries, Iraqi, Iranian and Syrian Shia are on their way to getting this under control.  

Tue, 06/17/2014 - 10:16 | 4864828 Falconsixone
Falconsixone's picture

Is it oil fields or goldfelds?

Tue, 06/17/2014 - 08:30 | 4864386 g speed
g speed's picture

you hit the bulls eye----+1. There will be three countries-- Shite, Sunni, and Kurdish. Of course then Turkey will be in the pot with the Kurdish seperatists stirring it. 

Tue, 06/17/2014 - 08:55 | 4864450 Ghordius
Ghordius's picture

together with Iran. lots of Kurds in Iran

Tue, 06/17/2014 - 09:49 | 4864696 conscious being
conscious being's picture

Turkey will not allow the Kurds to have a state on their border.

Tue, 06/17/2014 - 08:31 | 4864389 thamnosma
thamnosma's picture

That would appear the best strategy for the Sunnis although they need to keep the Maliki thugs guessing regarding Baghdad or targets in Baghdad.  

We need to stop referring to the Maliki faction as "the Iraqi Government".  We are past that now.  It's a sectarian conflict and the borders/living arrangements will have to be adjusted for a new reality, like it or not. 

Obama and pals have succeeded in spreading chaos across the region and hastened the Iraq break-up, but it was slowly happening anyway, at least as far as the independence of the Kurdish region is concerned.  The Sunnis were screwed in all this -- the US goal was the end of the Baathist Party, which pretty much meant the Sunnis and have favored the Shiites, resulting in this mess.  Elsewhere, they push the Sunnis.  Actually they just push chaos.

Tue, 06/17/2014 - 10:20 | 4864842 Ckierst1
Ckierst1's picture

Why limit it to Iraq?  The NWO plan is to "balkanize" the entire Mideast.  I'm sure our NATO ally won't mind a small bite in the ass for a shiny newly minted Kurdish republic.

Tue, 06/17/2014 - 12:15 | 4865426 falconflight
falconflight's picture

"Balkanize" the ME? Hmmmm...

Tue, 06/17/2014 - 08:23 | 4864376 Pesky Labrador
Pesky Labrador's picture

The good news is that the oil in Iraq is safe. (but that wont stop gas from going higher)



There several private security firms in Iraq (KBR), one of them is a subsidize of Halliburton and has about 14,000 employees located in Iraq.



Tue, 06/17/2014 - 08:32 | 4864394 thamnosma
thamnosma's picture

You did note the country's largest refinery has been shut down and contractors evacuated, right?

Tue, 06/17/2014 - 08:35 | 4864404 Pesky Labrador
Pesky Labrador's picture

Yeah, I saw that after posting. This is what the Minister of Oil stated on the 11th (6 days agao).

Tue, 06/17/2014 - 08:32 | 4864390 Hindenburg...Oh Man
Hindenburg...Oh Man's picture

the 0830 gold smackdown, back for your gold viewing pleasure.

Tue, 06/17/2014 - 08:34 | 4864401 thamnosma
thamnosma's picture

Fucking amazing.  Gold down, chaos up.   Buy Twitter stock.

Tue, 06/17/2014 - 09:52 | 4864713 conscious being
conscious being's picture

Relax. Everything is mispriced until the dollar dies.

Kudos to RR.

Tue, 06/17/2014 - 08:33 | 4864397 esum
esum's picture

ISIS.... the peaceful freedom loving moderates we were backing in Syria..... training in Qatar and Jordan and funding via Saudi Arabia and Qatar... oh Qatar where Gitmo jihadis go to relax and prep for phase two.. 

Meantime the ussa is being invaded by an obama created (actually valery jarrett met with the foreign reps coordinating the "spontaneous" invasion) and obama, the constitutional "expert" disregards the requirement to protect the borders. 

How many acts of TREASON does this man have to commit before congess acts ????????????

How many acts of obstruction of justice does he ahve to commit ????????????

Tue, 06/17/2014 - 08:55 | 4864451 the not so migh...
the not so mighty maximiza's picture

they are all in bed , boofing each other

Tue, 06/17/2014 - 12:13 | 4865412 falconflight
falconflight's picture

I can see nothing at all that would suggest that the Goiter Ole Party would ever stand for anything but the next election.  I utterly despise the Tory Loyalists of Beohner, McConnell, and the RNC.  Yeah Glenn Beck preaches not to hate, but I'm pretty sure that the sympathizers for independence circa 1776 were not feeling brotherly love toward the King's government.

Tue, 06/17/2014 - 08:34 | 4864399 NoWayJose
NoWayJose's picture

What passes for news these days is pathetic. In the olde days there would have been 'gumshoes on the ground' following the action and checking facts before releasing the stories. Today, if anyone tweets or uploads any kind of unsubstantiated report or video it becomes a headline story on national news or on one of the few remaining news organizations. As these assorted links show - we are close to having nothingness than tabloid news.

Tue, 06/17/2014 - 08:43 | 4864423 Atomizer
Atomizer's picture

Are you in Iraq? What is your reflection of story? We await your commentary.

Tue, 06/17/2014 - 12:06 | 4865389 boattrash
boattrash's picture

News? Roger Waters covered news with his lyrics years ago. 

...and the Germans killed the Jews

and the Jews killed the Arabs

and the Arabs killed the Hostages

and THAT IS the News".

MSM could come on and say this in 15 Sec. every evening, freeing up 29min 45sec for political ads ind MIC ads.

Tue, 06/17/2014 - 08:35 | 4864403 rsnoble
rsnoble's picture

275 plus a few zeros?  They probably lie about that too.

Tue, 06/17/2014 - 08:39 | 4864413 Shepp
Shepp's picture

Perpetual War to keep the world scared.  Don't yet count out Syria and Ukraine.

Watch for some major event that nutjob and hiis handlers will attempt to use to remain in office, and if not remain in office, to make a major drive for more restriction on liberty.

Tue, 06/17/2014 - 09:03 | 4864473 OceanX
OceanX's picture

The real power does not care who is in office.

Tue, 06/17/2014 - 08:42 | 4864417 Seize Mars
Seize Mars's picture

Ok this is the same group of assholes who brought you the Sandy Hook simulation.

Oh no! Iraq is...whatever. Ask yourself. In a world where they simulate school shootings, do you really believe some story they tell you about what's going on the far side of the world? If you believe the events, do you believe the meaning?

Everything they say is a lie. Everything they have is stolen.

Members of a previously unheard of group ride into town with a collection of brand new Ford F-350's. M'kay. Where did they get those?

Tue, 06/17/2014 - 08:54 | 4864447 the not so migh...
the not so mighty maximiza's picture

its like being in a time warp, its 2003 all over again but i am fatter and older

Tue, 06/17/2014 - 08:56 | 4864454 we built this city
we built this city's picture

The rebels in Iraq are composed from redical  Sunnis and from ex generals and soldiers from the Baath party ....This explains why they are so organized and well trained!!

The number of rebels is much higher than published .


This is the biggest omission of Obamas foreign policy

This is the biggest fiasco of the intellgence services of the Us  since 2001.

Tue, 06/17/2014 - 09:04 | 4864479 Ghordius
Ghordius's picture

the biggest mistake in all this mess is, imho, the US policy of treating all Baath party members in Iraq in the same way as Nazi party members were treated in Germany after 1945, though more efficiently. but this goes back to George Bush (the 2nd president, not the 1st supercarrier). of course, this might have been done on purpose, as many speculated, then

Tue, 06/17/2014 - 09:12 | 4864511 grekko
grekko's picture

The NSA was too busy spying on US jounalists to bother with Iraq.

Tue, 06/17/2014 - 09:03 | 4864469 magpie
magpie's picture

I think the "rebels'" a.k.a US-backed Dawlah and the Baathist staybehinds goal was to seize both Mosul and Kirkuk.

Kurds preempted the second move.

Tue, 06/17/2014 - 09:04 | 4864475 enloe creek
enloe creek's picture

ok it is clearly another sunni shite war brewing so if ISIS is a saudi bunch of merc's Iran is being drawn in on purpose maybe it is China's turn to spank the US empires are not easy to maintain these days. can't imagine morale at the pentagon being too high with eastern europe and Iraq going tits up at the same time plus china and russia bold enough to flip us off when ever they want.

Tue, 06/17/2014 - 09:06 | 4864486 OceanX
OceanX's picture

Same as it ever was,

Talking Heads - Life During Wartime

Tue, 06/17/2014 - 09:12 | 4864517 Last of the Mid...
Last of the Middle Class's picture

Dear God those people are going to hate the US for generations.

Tue, 06/17/2014 - 09:49 | 4864701 Bogdog
Bogdog's picture


Tue, 06/17/2014 - 09:16 | 4864532 Son of Captain Nemo
Son of Captain Nemo's picture

In diplomatic breakthrough, Britain says to re-open Iran embassy-Reuters

If this doesn't spell death for the USD and the fact that the rest of Western Europe is about to jettison from it leaving Israel and the U.S. to hang itself -I sure as hell don't know what does! 

The Brits probably hate Iran as much as Israel with all the oil and gas projects over the past 35 years that could have been...

Good luck U.K. you've burned every conceivable bridge with Iran since 1953 your odds are worse than 1,000,000 to 1 but even you realize how badly you've fucked this one up for yourself and realize the necessity for change if you want to survive.

Hope they sold the crown jewels of secrets of the Mossad, CIA and NSA to Russia and China in order to repair the damage!

Tue, 06/17/2014 - 09:45 | 4864686 Bogdog
Bogdog's picture

So now we get to watch the religion of peace EAT itself on a grander scale than usual. They've always been at it. Now they just do it in bigger groups with better weapons. All this because of archaic strictures against girls and boys doing what comes natually. All that pent up frustration has to have an outlet. So here we go. Fussy old men dressed in sheets telling Ahmad he can't do this and can't do that. But you CAN smite the neck of your enemy! Fatwah! God is Great! Nihilism writ large as payment due for the fears and prejudices of generations distilled to a death cult masquerading as religion.

Fuckwads, all of them

Tue, 06/17/2014 - 09:54 | 4864730 the grateful un...
the grateful unemployed's picture

Iran to US: I would like to help you out. Which way did you come in?

Tue, 06/17/2014 - 10:21 | 4864849 I Write Code
I Write Code's picture

Vaudeville will never die!

Tue, 06/17/2014 - 09:58 | 4864742 Son of Captain Nemo
Son of Captain Nemo's picture

Talk about "just desserts"...

In addition to starting a potential range war with Russia in Ukraine and Syria I hope every single American over there including the alleged 278 the Prez just sent get snuffed out like a candle.  Anyone that would willingly draw a paycheck after Benghazi, Syria and now Ukraine deserve the worst kind of unthinkable torture and murder they have coming to them!

To the DOS and CIA over there among the 500 -Hope it was worth the money you got...

The only thing that could possibly make it any better is if we could put the White House and Capitol (all members and lobbyists) under a transporter beam to Mosul.

Beam them down Scotty!!!

Tue, 06/17/2014 - 10:06 | 4864772 Falconsixone
Falconsixone's picture




Tue, 06/17/2014 - 10:24 | 4864864 Falconsixone
Falconsixone's picture

Did the UN approve this not a war? 

Tue, 06/17/2014 - 10:25 | 4864868 general ripper
general ripper's picture

Ancient Sanskrit - 4th century BC " The enemy of my enemy is my friend"

Modern Day Version - The enemy of my enemy and thier collective enemies are in no way my friend unless of course there are northern Iraq  banks to rob or oil and related contracts which of course changes the calculus. Gold bullion will also be a determinent so long as it is sent to B of E or JPM in advance of friendship approval. If friendship is denied you will not be notified but we recommend you seek air raid shelter. Have a nice day!

Tue, 06/17/2014 - 10:35 | 4864926 Fix It Again Timmy
Fix It Again Timmy's picture

I believe the correct way to approach Iraq would have been to lift the sanctions, let the country prosper to the best of its ability and let the Iraqi people deal with Saddam in what ever way they saw fit.  Of course that scenario would not have been as much fun for the CIA and State Dept. freaks.  Anyways, how much oil could we have bought for nearly $2 Trillion dollars.  We pissed away $2 Trillion, did not get a quart of oil and now will have to pay increased costs for it.  Yep, sure smacks of government efficiency to me....

Tue, 06/17/2014 - 10:38 | 4864939 roadhazard
roadhazard's picture

"This is a communiQ, broadcasting on all channels."...

Tue, 06/17/2014 - 10:40 | 4864944 NewAmericaNow
NewAmericaNow's picture
Iraq - The Real Story About The “Too Extreme for Al Qaeda” I.S.I.S.

Tue, 06/17/2014 - 11:34 | 4865199 Joe A
Joe A's picture

Just imagine that someone invents something that has been overlooked and which makes your car run on household ingredients and let's say your morning pee. Then all this won't matter.

Tue, 06/17/2014 - 11:47 | 4865274 Winston Smith 2009
Winston Smith 2009's picture

Don't worry. Those US troops will be "advisers" (ala Vietnam) and "trainers" since the $25 BILLION spent training individuals unwilling to die for what is rated as one of the four most corrupt governments in the world apparently wasn't enough to get them fighting for a country that's a post-WWI creation of western powers. But it will certainly work this time, right?

ARVN v2.0...

Tue, 06/17/2014 - 12:01 | 4865363 Andy_Jackson_Jihad
Andy_Jackson_Jihad's picture

Anyone else notice the very western looking guy at the upper left edge of this pic?

Has that blackwater look while everyone else is wearing those man-dress things and sandals.

Tue, 06/17/2014 - 12:04 | 4865375 falconflight
falconflight's picture

The great empire begging the Ayatollahs of Iran.  Reminds me when the Romans negotiated with the Huns.  Please don't sack our caricature of an all powerful nation...

Tue, 06/17/2014 - 12:21 | 4865449 goldstandard
goldstandard's picture

All of the news coming out of Iraq as well as the US media outlets are total bullshit. Huffingtonpost post was called on the carpet for front paging the story using photo's from six years ago and pictures of people being shot in ditches were totally staged according to boots on the ground. The real story behind this event was an attempt to keep the Iraqi P.M. Maliki and a US puppet in gaining a third term.

According to their constitution a P.M. can only serve two consecutive terms. Maliki with help from the US staged this flase flg event in an attempt to gain the third term, but the blow back caught him and the US with their pants down because the Parliament refused to vote on a State of Emergency which would have given Maliki an extended term. Another interesting fact is that no where in the manipulated press in the good ole US of A, is there even any mention of recent elections. The new PM will be Chalabi.

Back in April, Iraq floated billions in bonds at a rate of $3.71 and their stock exchange the ISX will be open for business internationally come July 1st. Honestly if you were serious about taking over the country you would go after their oil producing capabilities and oddly enough they weren't touched. Want to make a financial killing of a lifetime? Buy the Iraqi Dinar which is currently 1166 to the dollar. When the new government that was just elected is seated this week, at a minimum the Iraq Dinar will RV at $3.71. Oh happy day.

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