White House

Frontrunning: July 29

  • Yen, bond yields rise as Bank of Japan action underwhelms (Reuters); Bank of Japan Takes Modest Easing Action (WSJ)
  • Hong Kong shares end lower as BOJ disappointment sweeps Asia (Reuters)
  • Accepting White House nomination, Clinton offers 'clear-eyed' vision (Reuters)
  • Two Conventions, Two Distinct World Views (WSJ)
  • Democrats Emphasize American Exceptionalism at Convention (BBG)
  • Clinton’s Image Among Democrats at a Historic Low (WSJ)

Russia And China Will Hold Joint Naval Drills In Contested South China Sea

China and Russia will hold "routine" naval exercises in the South China Sea in September, China's Defence Ministry said on Thursday, adding that the drills were aimed at strengthening their cooperation. "This is a routine exercise between the two armed forces, aimed at strengthening the developing China-Russia strategic cooperative partnership," China's defense ministry said. It then added "The exercise is not directed against third parties", while trying to hold back laughter.

Democrats Hacked Again: FBI Probing "Cyber Intrusion" At Fundraising Group

According to Reuters, the FBI is probing a "cyber intrusion" at yet another Democratic organization, this time the Democratic Congressional Campaign Committee. The previously unreported incident at the DCCC, which raises money for Democrats running for seats in the U.S. House of Representatives, is said to have been intended to gather information about Democratic donors.

David Stockman Warns "2008 Was Just Spring-Training For What Comes Next"

In effect, America has undergone a rolling national LBO since the Gipper’s time in office; so the U.S. economy is now stuck in the ditch because it has leveraged itself to the hilt over the past three decades. The vast majority of Americans are no longer living the dream because Wall Street speculators and Washington politicians alike have led them into a debt-fueled fantasy world that is coming to a dead end.

Frontrunning: July 28

  • Fed caution hits dollar as Japan anticipation builds (Reuters)
  • Obama asks U.S. voters to 'carry' Clinton to White House, defeat Trump (Reuters)
  • Democrats skewer Trump (Politico)
  • Obama, Biden Toss Barbs at Trump and Say Clinton Is Only Choice (BBG)
  • Did Donald Trump’s Executives Violate the Cuban Embargo? (BBG)

The Law Of The Jungle Is Far Superior To The Ideology Of Globalism

While the law of the jungle is not easy or carefree or eternally "safe", I think there are many virtues to a “natural”, unfettered and decentralized way of life far above the mindless homogenization and collectivism of the globalist ideal. Here are just a few examples on why humanity would be much better off living wild and free rather than living an inhibited and micromanaged existence under a global authority.

Doug Casey On President Hillary Clinton, World War III, & The Deep State

"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..."

One Reader's Reaction To Bill Clinton's Speech: "A Harlequin Romance Novel"

Donald Trump, perhaps unsurprisingly, was among the first to criticize former President Bill Clinton's speech at the Democratic National Convention last night, saying he left out "the most interesting chapter." As one eloquent Zero Hedge reader pinpointed: "That anyone still sees Bill’s performance art as sincere is proof of the gullibility of the Democratic electorate. He ‘admires and respects’ Hillary, yet he schtupped anything without a Y chromosome in the Oval Office."