White House

Obama Administration Makes Stunning Admission: "Seed Money For Al Qaeda Came From Saudi Arabia"

Moments ago a member of the Obama administration made a stunning admission, when for the first time ever, Deputy National Security Adviser For Strategic Communications Ben Rhodes, admitted revealed on the record that the Saudis were the original source of funding for Al Qaeda: "A lot of the money, the seed money if you will, for what became Al Qaeda, came out of Saudi Arabia."

Ron Paul On The Fed's "No Win" Situation

The Fed’s response to its failures is to find new ways to pump money into the economy. Hence the Fed is actually considering implementing “negative interest rates.” Negative interest rates are a hidden tax on savings. Negative interest rates may create the short-term illusion of growth, but, by discouraging savings, they will cause tremendous long-term economic damage. The Fed can only keep the wolves at bay with promises of future rate increases for so long before its polices cause a major dollar crisis.

Obama Sends More Troops To Iraq; Authorizes Use Of Apache Helicopters; Gives $415 Million To Local Army

Back in 2014 Obama promised that as part of the US war against ISIS, there would be "no ground troops in Iraq." Moments ago U.S. Defense Secretary Ash Carter gave the latest confirmation that Obama was not being exactly "honest", when during a visit to Baghdad in which he met U.S. commanders, Iraqi Prime Minister Haider al-Abadi, and Iraqi Defence Minister Khaled al-Obeidi, he announced that the US would send another 200 additional troops, raising the number of U.S. troops in Iraq to about 4,100.

Nearly Half Of Iraqis Say US Is Destabilizing Iraq To "Control Its Natural Resources"

In 2003 President Bush and the United States military invaded the country of Iraq to liberate the people from an oppressive dictator and instill Democracy. 13 years later now, almost 5 years since the last combat troops were withdrawn from the country, the region still suffers from unspeakable violence and the success of a democratic voting systems have been limited. Recently a series of polls have been presented to the citizens and children of the Iraq essentially asking: What do you think of the USA? The results are disheartening.

Frontrunning: April 15

  • Global stocks, dollar and oil cool ahead of Doha meeting (Reuters)
  • Oil Falls Before Doha as Global Markets Brace for Weekend Risk (BBG)
  • China Growth Slows; Revival Policies Appear to Gain Traction (WSJ)
  • White House hopefuls Clinton, Sanders joust in Brooklyn brawl (Reuters)
  • Trump talks up 'New York values' as protesters demonstrate against him (Reuters)
  • Sanders Can’t Clarify Wall Street Plan in Testy Clinton Debate (BBG)

The Weirdest Possible Outcomes For The Strangest Election In U.S. History

Elections have entered the world of the weird because America itself is on the edge of something that will shake its very core. What that event will be is hard to say because there are so many possibilities, but tensions of this caliber usually escalate to crisis before they deescalate, and tensions today are surely escalating. The elections only serve as a gauge for how close to the bottom of the abyss we actually are.

What Is Paul Ryan Up To?

While many establishment Republicans would love Paul Ryan to emerge in Cleveland to rescue the party from what they think is a doomed presidential bid, as The Hill reports, some among their number recognize that any effort to take the nomination away from Trump or Cruz, if either goes to Cleveland with far more delegates than anyone else, could hurt the GOP for years.

White House Issues Following Statement After Meeting Between Obama And Yellen

"The President and Chair Yellen met this afternoon in the Oval Office as part of an ongoing dialogue on the state of the economy. They discussed both the near and long-term growth outlook, the state of the labor market, inequality, and potential risks to the economy, both in the United States and globally. They also discussed the significant progress that has been made through the continued implementation of Wall Street Reform to strengthen our financial system and protect consumers."