Tag Archives: History Repeating

US troops invade Syria, kill ISIS commander Abu Sayyaf

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“U.S. Special Operations forces carried out a major raid deep inside eastern Syria, killing a senior Islamic State leader who oversees illicit oil production and capturing his wife, Secretary of Defense Ashton Carter said Saturday.  Carter said Abu Sayyaf, also known as Mohammed Shalabi, ‘was killed during the course of the operation when he engaged U.S. forces.’  He said none of the U.S. forces was killed or injured during the raid.  Abu Sayyaf was involved in the extremist group’s military operations and helped direct its illicit oil, gas and financial operations, Carter said in a statement.”

http://hotair.com/archives/2015/05/16/us-troops-kill-isis-commander-abu-sayyaf-inside-syria/

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PIMCO ex-CEO explains why his money “is mostly concentrated in cash”

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“Mohamed El Erian has an estimated net worth of some $2.3 billion. He also served 2 years as president and CEO of Harvard Management Company, the entity that manages Harvard’s endowment and related accounts, leaving at the end of 2007 to return to PIMCO, just before the Harvard endowment suffered massive capital losses in the 2008 bear market.  El-Erian seems to have learned something about the importance of protecting savings from the ravages of Fed induced asset bubbles.  This week he gave an interview with the Orange County Register explaining, among other things, why he holds most of his personal wealth in cash today–not in stocks and bonds.”

http://jugglingdynamite.com/2015/04/06/el-erian-explains-why-his-personal-money-is-mostly-concentrated-in-cash-today/

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Follow-the-Data Fed May Play Follow-the-Markets to Avoid Shock

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“The Federal Reserve may be about to discover that letting the data drive its decisions on raising interest rates is easier said than done.  Fed Chair Janet Yellen’s new strategy, a departure from six years of explicit guidance, calls for adjusting policy according to how the economy evolves. That will make it harder for investors to predict the Fed’s decisions, and risks hurting growth if a surprise triggers a surge in bond yields that stifles business investment and starves the housing recovery.”

http://www.bloomberg.com/news/articles/2015-05-11/follow-the-data-fed-may-play-follow-the-markets-to-avoid-shock

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Paul Rosenberg: ‘Production Versus Plunder’, Part 6

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“Whether (early) to get farmers to capitulate, or (late) to keep sub-rulers in obedience when you were away, the newness of the rulership enterprise plus the extremely low population density made extending power difficult. Ruling one settlement could be done fairly well if the settlement was not large and if you remained there. But if you wished to rule another three or four nearby settlements as well, you needed to extend your power. And, since soldiers were expensive, other methods were required. This difficulty was solved with ferocity and fear. The rulers of this era were especially willing to boast of the horrible pain and punishments they inflicted upon anyone who rose against them.”

http://www.thedailybell.com/editorials/36283/Paul-Rosenberg-Production-Versus-Plunder–Part-6/

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Paul Rosenberg: ‘Production Versus Plunder’, Part 5

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“The great benefactors of humanity – the unnamed first farmers – experienced a stunning explosion of creativity and very shortly found themselves the effective prisoners of barbaric, ignorant men who harnessed and slowly ruined what they had created.  At first, the farmers simply gave up a portion of their harvest and tried their best to work around the stupid, barbaric rulers. It was only when a more clever set of rulers arrived that the more serious damage began. As successive waves of rulership rolled over the Tigris-Euphrates valley, the structures of government and their associated theologies and punishments occupied more and more of men’s minds and activities.”

http://www.thedailybell.com/editorials/36270/Paul-Rosenberg-Production-Versus-Plunder–Part-5/

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Andrew Napolitano: Can the President Legally Kill Americans?

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“President Obama has established a secret process that involves officials from the Departments of Justice and Defense, the CIA, and the White House senior staff whereby candidates are proposed for execution and the collective wisdom of the officials then recommends execution to the president.  If the recommendation is to kill and the president rejects it, the CIA is directed to arrest the person. If the president accepts the recommendation to kill, then death is ordered. The monstrous British King Henry VIII delegated the final say to his chancellor so that he could publicly disavow participation in the government murders.  Obama does not disavow them; he defends them.”

http://reason.com/archives/2015/04/16/can-the-president-kill-americans

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Battlefield America: The War on the American People

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AGOW_SMALL1

“The malls may be open for business, the baseball stadiums may be packed, and the news anchors may be twittering nonsense about the latest celebrity foofa, but those are just distractions from what is really taking place: the transformation of America into a war zone.  Trust me, if it looks like a battlefield (armored tanks on the streets, militarized police in metro stations, surveillance cameras everywhere), sounds like a battlefield (SWAT team raids nightly, sound cannons to break up large assemblies of citizens), and acts like a battlefield (police shooting first and asking questions later, intimidation tactics, and involuntary detentions), it’s a battlefield.”

https://www.rutherford.org/publications_resources/john_whiteheads_commentary/battlefield_america_the_war_on_the_american_people

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Finns Draw Up Plans To Expel Greece From Eurozone

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“Eurozone countries are drawing up secret documents to force Greece out of the single currency, a memo from the Finnish finance ministry has revealed.  Greece will be declared bankrupt next month unless the eurozone agrees to pay aid to the beleaguered country within the next three weeks.  The document warns of ‘very difficult political decisions’ this spring as the left-wing government flirts with Russia over financial assistance rather than continue to call on Germany.  Finland, Germany, Austria, the Netherlands and others are not prepared to release the cash until Greece’s left-wing government legislates on key austerity measures it was elected to oppose.”

http://www.breitbart.com/london/2015/04/10/finns-draw-up-plans-to-expel-greece-from-eurozone-as-tsipras-flirts-with-russia/

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IMF tells regulators to brace for global ‘liquidity shock’

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“Investors are borrowing money to buy shares on the US stockmarket at a torrid pace and are resorting to the same sorts of financial engineering that preceded the last two financial crises. ‘Margin debt as a percentage of market capitalisation remains higher than it was during the late-1990s stock market bubble. The increasing use of margin debt is occurring in an environment of declining liquidity,’ said the IMF in its report. ‘Lower market liquidity and higher market leverage in the US system increase the risk of minor shocks being propagated and amplified into sharp price corrections,’ it said.  The report said there are clear signs that underwriting standards are deteriorating in a pervasive search for yield.”

http://www.telegraph.co.uk/finance/economics/11538509/IMF-tells-regulators-to-brace-for-global-liquidity-shock.html

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European Commission president calls for building an EU army

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“The European Union needs its own army to help address the problem that it is not ‘taken entirely seriously’ as an international force, the president of the European commission has said.  Jean-Claude Juncker said such a move would help the EU to persuade Russia that it was serious about defending its values in the face of the threat posed by Moscow. Juncker, a longstanding advocate of an EU army, said getting member states to combine militarily would make spending more efficient and would encourage further European integration.  A spokesman for Ukip said Juncker’s comments vindicated warnings that his party had been giving about the direction of EU policy for years.”

http://www.theguardian.com/world/2015/mar/08/jean-claude-juncker-calls-for-eu-army-european-commission-miltary

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