The consequences and patterns of war, whether by one nation against another or by a government against the citizenry, rarely change. However, the methods of war have evolved vastly in modern times. Wars by elites against populations are often so subtle that many people might not even recognize that they are under attack until it is too late. Any defense the American people might muster against elitist dismantling of constitutional liberties would inevitably turn to "insurgency". So using CFR member Boot’s views on counterinsurgency as a guideline, here is how the elites will most likely wage open war on those within the American population who have the will to fight back.
By going after Ripple (a major player in the industry), FinCEN is trying to scare all the smaller players into ratting out their customers. You don’t see rich, stable countries doing this sort of thing. In fact, the exact opposite. An official from HK Treasury recently stated that: “the Government does not consider it necessary to introduce at the moment new legislation to regulate trading in such virtual commodities or prohibit people from participating in such activities.”
For a long time there was confusion about the "quo" to the Saudi Arabian "quid" over its agreement to side with the US on the Iranian "nuclear deal" (which incidentally looks like it will never happen simply due to the Russian and Chinese UN vetoes). Then over the weekend we finally got the answer: the details are quite familiar to anyone who has seen the US Military-Industrial Complex in action: the US pretends to wage an aggressive diplomatic campaign of peace while behind the scenes it is just as actively selling weapons of war.
The only thing that is of any interest when you say the word Qatar is the fact that the French have just struck a $7 billion deal for the sale of 24 Dassault Rafale fighter jets.
- ‘Flash Crash’ Overhaul Is Snarled in Red Tape (WSJ)
- ECB Considers Tighter Noose on Greek Banks (BBG)
- Dollar Falls as U.S. Data Cast Doubt on Fed Policy Tightening (BBG)
- Market U-Turn Rams Hedge Funds (WSJ)
- Greece makes 200 million euro IMF payment due Wednesday (Reuters)
- Greek unemployment was 25.4 percent in February (Reuters)
- J.P. Morgan’s Barista-Turned-Banker Sees Good Things Brewing (WSJ)
- Fed's Yellen says met firm at heart of leak probes (Reuters)
- EU Raises Growth Outlook as ECB Counters Greek Threat (BBG)
- Hillary Clinton Takes Hit in WSJ Poll, but Holds Edge Over GOP Rivals (WSJ)
- China stocks slump on tighter margin rules, IPOs; Hong Kong down (Reuters)
- McDonald’s Chief Promises Turnaround in a Restructuring (NYT)
- German Bond Market Selloff Continues (WSJ)
- Vanguard overtakes Pimco’s Total Return following outflows in wake of Bill Gross’s departure (WSJ)
- EU Demands Concessions as Greece Hurtles Toward Deadlines (BBG)
- Junk Bonds Are The New Haven Assets (BBG)
There is little sign that Washington and its vassals care about life on Earth.
A look at the current data on executions by country shows that although China is still number one over the long haul, two other countries have put on a strong showing YTD...
Oil prices are showing some signs of life as key indicators start pointing in a bullish direction.
U.S. Air Force General and NATO supreme allied commander Philip Breedlove is ratcheting up the rhetoric by suggesting to the Senate that Russia is planning to shatter what remains of the fragile ceasefire in Ukraine by launching an imminent offensive. “Many [Russian] actions are consistent with preparations for another offensive,” the general said, without fully explaining how he came to his conclusion.
- Record month ends in pain as biotech, small-caps, Apple tumble (BBG)
- Japan inflation rises for first time in nearly a year (WSJ)
- US Navy starts to accompany ships in strait where Iran seized cargo carrier (WSJ)
- Russia may be readying for new Ukraine offensive: NATO commander (Reuters)
- Big banks use loophole to avoid ban (WSJ)
- China April official PMI shows factories struggling to grow (Reuters)
- CME suspends traders for alleged Sarao-like manipulation (BBG)
Moments ago there was yet another step up in the Persian Gulf naval escalation when CNN reported that the U.S. Navy will escort U.S.-flagged cargo ships through Strait of Hormuz in wake of Iran seizure this week, a US official says. Specifically, the Navy will henceforth accompany ships on concern that Iran’s Revolutionary Guard may seize them, CNN’s Jim Sciutto says in Twitter post, citing CNN’s Barbara Starr. It is unclear what happens if either the accompanied cargo ship, or the US Navy warship leaves international waters, and enters Iran territory, which as the Bab el-Mandeb Strait is virtually assured: a strait which as the following US Naval update map has become as busy for US traffic as the 405 Freeway during rush hour.
Whatever happens with the nuclear negotiations this summer, and as much as Tehran wants cooperation and not confrontation, Iran is bound to remain - alongside Russia - a key US geostrategic target. What the Pentagon - with customary hubris - does not see is Moscow and Tehran easily identifying the power play; the US government's hidden agenda of manipulating a "rehabilitated" Iran to sell plenty of oil and gas to the EU, thus undermining Gazprom.
Hookers for Brazilians, and MiGs for Russians... what cost is your country obsessed with?