And now, for the best news of the day, we go to NPR which reports that Eric "Too Big To Prosecute" Holder is resigning. From NPR: "Eric Holder Jr., the nation's first black U.S. attorney general, is preparing to announce his resignation Thursday after a tumultuous tenure marked by civil rights advances, national security threats, reforms to the criminal justice system and five and a half years of fights with Republicans in Congress."
Dr. Ezekiel Emanuel, brother of Rahm Emanuel, says that society would be far better off if people quit trying to live past age 75. His new article entitled “Why I Hope To Die At 75” has the following very creepy subtitle: “An argument that society and families—and you - will be better off if nature takes its course swiftly and promptly”. In the article, Emanuel forcefully argues that the quality of life for most people is significantly diminished past the age of 75 and that once we get to that age we should refuse any more medical care that will extend our lifespans. This is quite chilling to read, considering the fact that this is coming from one of the key architects of Obamacare. Of course he never uses the term “death panels” in his article, but that is obviously what Emanuel would want in a perfect world. To Emanuel, it is inefficient to waste medical resources on those that do not have a high “quality of life”. So he says that “75 is a pretty good age to aim to stop”.
History may not repeat exactly because technology, resource discoveries, and political dynamics change the nature of society, but it does rhyme because the human foibles of greed, lust for power, arrogance, and desire for conquest do not vary across the ages. The corruption, arrogance, hubris, currency debasement, materialism, imperialism, and civic decay that led to the ultimate downfall of the Roman Empire is being repeated on an even far greater scale today as the American Empire flames out after only two centuries. The pillars of western society are crumbling under the sustained pressure of an immense mountain of debt, created by crooked bankers and utilized by corrupt politicians to sustain and expand their welfare/warfare state. Recklessness, myopia, greed, willful ignorance, and selfish disregard for unborn generations are the earmarks of decline in this modern day empire of debt, delusion and decay.
35 breaches of The White House perimeter... "don't worry, we got this!"
- U.S., backed by Arabs, launches first strikes on fighters in Syria (Reuters, BBG)
- But not all all back: Turkey Bars Kurds From Entering Syria to Fight Islamic State (BBG)
- Dollar Weakens on Airstrikes; Europe Stocks Drop (BBG)
- Ready for Rate Riot? Emerging Markets Set to Follow Fed (BBG)
- White House fence jumper had ammunition, machete in car, prosecutors say (WaPo)
- El-Erian "would have done things differently" (Reuters)
- Eurozone business growth slows in September, PMI survey finds (BBC)
- Shrinking Bond Desks Taken by Journeymen as Masters Fade (BBG)
- Manufacturing Rebound Relieves Growth Concerns in China (BBG)
- Former Trader Quits Playboy Club to Open Own Restaurant (BBG)
In yet another rather embarrassing event for The White House, just days after President Obama praised the French for helping in the fight against ISIS, and General martin Dempsey noted "the French were our very first ally and they're with us again now," French officials have, according to Reuters, ruled out participation in airstrikes against Islamic State in Syria. With the fall of France (and Germany already saying "nein"), it appears the broad coalition is now a "coalition of none," as Obama has stated the US would not go it alone...
"In my lifetime, the USA has not blundered into a more incoherent, feckless, and unfavorable foreign policy quandary than we see today. Does any tattoo-free American adult outside the Kardashian-NFL mass hypnosis matrix feel confident about the trajectory of US policy regarding the so-called Islamic State (ISIS, ISIL)?"
Of the stories in the past two days, there is hardly anything more bizarre than that of Omar J. Gonzalez, 42, of Copperas Cove, a veteran had served three tours in Iraq — and relatives said served as a sniper — managed to jump over the White House fence, sprinted more than 70 yards across the Northern Lawn, got to the front double doors of the North Portico, turned the brass knob and stepped inside the vestibule. "There he was grabbed and subdued by an officer standing post inside the door." He war carrying a folding knife with a serrated blade and was located just feet away from where Obama would have normally been, if only Obama had not just minutes ago taken the wife and kids for yet another weekend mini getaway.
"We have put in place the toughest ethics and transparency laws of any administration in history," President Obama proclaimed four short years ago... However, as AP Washington Bureau Chief Sally Buzbee said recently, the fight for access to public information has never been harder, and in fact, the problem extends across the entire federal government and is now trickling down to state and local governments. Here is Buzbee’s list of eight ways Obama's "most transparent" administration is making it hard for journalists to find information and cover the news...
US imperialism was once a fearsome force - mainly for ill. Under the latter heading, Washington’s savage destruction of Vietnam four decades ago comes readily to mind. But now the American Imperium has become just a gong show on the Potomac - even as its weapons have gotten more lethal and its purposes more spurious and convoluted. There is no more conspicuous proof than Obama’s quixotic “war” on ISIS.
What has happened to America?
"We Are About To Arm Some Rebels And Drone Some More Folks" - Obama Statement On Passage Of Syrian StrategySubmitted by Tyler Durden on 09/18/2014 18:02 -0500
Moments ago, the Senate passed a $1 trillion government-funding bill that according to the Hill, also gave the president new authority to battle the Islamic State in Iraq and Syria. The legislation, which has now been approved by both chambers of Congress, now heads to the White House for Obama?s signature. While the stopgap bill will prevent a government shutdown on Oct. 1, the vote will be remembered for a controversial provision that allows Obama to start a new training program for rebel fighters in Syria. In other words, not only will Obama arm some folks, he will also drone some other folks, the same folks he was arming a year ago.
Just minutes after Poroshenko's fearmongering speech to US Congress (and in the face of a collapsing Ukraine economy), The White House has released its "fact sheet" to explain exactly how committed (aside from the lethal aid demands - which may or may not be happening as we noted here) to supprting Ukraine the US taxpayer is... On top of guaranteeing $1 billion of Ukraine's debt, a further $291 million in 'assistance' has been flooded in... here's what for...
This has been an unusual year for the global economy, characterized by a series of unanticipated economic, geopolitical, and market shifts – and the final quarter is likely to be no different. How these shifts ultimately play out will have a major impact on the effectiveness of government policies – and much more. In the next few months, the buoyant optimism pervading financial markets may prove to be justified. Unfortunately, it is more likely that investors’ outlook is excessively rosy.