The 45 times Trump said attacking Syria was a bad idea and might start WWIII

“In October, Trump blasted then-Democratic presidential nominee Hillary Clinton‘s position on Syria — that the U.S. military should take out al-Assad’s airfields, the exact type of strike Trump ordered Thursday — by saying attacking a Russian-backed government could start World War III.”

Read more: https://mic.com/articles/173471/trump-world-war-iii-attacking-syria-wwiii-ww3

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30 Years After Saddam Hussein, Now U.S. Bombs Kurds To Smithereens

The Pentagon has admitted to an airstrike that is believed to have killed more than 200 civilians in the northern Iraqi city of Mosul, at the edge of the autonomous Kurdistan region.

In the 1980s, Kurdistan was targeted by Saddam Hussein, then-president of Iraq, because the Kurds supported Iran in the Iran-Iraq War.  After his capture in the second Gulf War, Hussein was charged by the U.S. occupational government with genocide, convicted, and hung for his crimes.

What is lesser known is that at the same time, the U.S. government, still fuming after the humiliation of the Iran hostage crisis (a populist reaction to the brutality of the U.S.-backed dictator Mohammad Reza Shah, and a major factor in Ronald Reagan’s victory in the 1980 presidential election), was a major – and thoroughly documented – supporter of Hussein in the war:

Iraq began receiving support from the United States and west European countries as well. Saddam was given diplomatic, monetary, and military support by the US, including massive loans, political clout, and intelligence on Iranian deployments gathered by American spy satellites. The Iraqis relied heavily on American satellite footage and radar planes to detect Iranian troop movements, and they enabled Iraq to move troops to the site before the battle.

With Iranian success on the battlefield, the US made its backing of Iraq more pronounced, supplying intelligence, economic aid, and dual-use equipment and vehicles, as well as normalizing its intergovernmental relations (which had been broken during the 1967 Six-Day War). President Ronald Reagan decided that the United States “could not afford to allow Iraq to lose the war to Iran”, and that the United States “would do whatever was necessary to prevent Iraq from losing the war with Iran”. Reagan formalised this policy by issuing a National Security Decision Directive to this effect in June 1982.

In 1982, Reagan removed Iraq from the list of countries “supporting terrorism” and sold weapons such as howitzers to Iraq via Jordan and Israel. France sold Iraq millions of dollars worth of weapons, including Gazelle helicopters, Mirage F-1 fighters, and Exocet missiles. Both the United States and West Germany sold Iraq dual-use pesticides and poisons that would be used to create chemical and other weapons, such as Roland missiles.

Although the U.S. government began to play both sides a few years later in the Iran-Contra affair, the CIA nevertheless threw its support heavily to the Iraqi government utilizing internationally banned chemical weapons in its campaign against Iran.

Precursors to chemical weapons, as well as biological weapons, cluster bombs, and the loans to pay for them, were brokered to Iraq by pharmaceutical representative Donald Rumsfeld, who would later be appointed Secretary of Defense in the George W. Bush administration.  The Bush administration would go on to invade Iraq in 2003 citing as a primary motivation its possession of such “weapons of mass destruction”.

Back in the 1990’s, journalists used to joke, “Of course we know Iraq has chemical weapons. We have the delivery receipts to prove it!”

By 2014 it became well known that many a true word was spoken in such jest: Iraq did in fact have WMDs, and they were obtained from the United States itself.  (The truth, however, was revealed in the context of whipping up a new war against the terrorist organization ISIL, so the media still gets zero points for honesty.)

Until now, the Kurds have been major supporters of U.S. interests in the Middle East, perceiving the U.S. as a liberator and protector pursuant to their darkest hour in 1988.

Is the U.S. military going to burn one of its few remaining bridges in the Middle East by invoking the “collateral damage” doctrine in this instance?  How will Kurds, tough fighters to the core, react to their family members being wiped out in reckless bombings?

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Suspension of U.S.-EU Visa-Free Travel Would Have Negative Consequences

“The Global Business Travel Association (GBTA) warned that suspending visa-free travel would have a ‘large negative impact,’ including an additional 10 million annual visa applications to process. Additionally, the GBTA warned that if the United States retaliates with its own suspension of visa-free travel, it could mean approximately €2.5 billion in costs to EU citizens as roughly 8 million travelers would need to pay the $160 visa fee and other application costs.  The GBTA also cited an Oxford Economics study that projected a 23 percent decline in travel revenue for the U.S. and Canada as a result of a suspension, as well as a projected 140,000 jobs lost in Europe and 73,000 jobs lost in the United States.”

Read more: http://www.travelagentcentral.com/destinations/gbta-suspension-visa-free-travel-between-u-s-and-eu-would-have-negative-consequences

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Illinois Skips $9.1B Interest Payment on Pension Debt

“You read that right: They’re not going to pay.  It’s not just Illinois facing crippling pension liabilities: It’s also happening in California and New York.”

Read more: https://www.edelsonwave.com/real-wealth/illinois-passes-on-pension-debt/

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Snapchat’s young users snap up stock — and want more IPOs

“Online stock trading app Robinhood, whose core demographic has an average age of 30, says that Thursday was its biggest day ever, and that 43% of all its traders that day went for Snap stock.  ‘Snap’s IPO revitalized investing among the younger generation,’ notes Baiju Bhatt, the co-founder of Robinhood. ‘We also saw a surge in new accounts, with many new customers opening up their first brokerage account.’  The median age of Robinhood investors buying Snap on Robinhood has been 26, the same age as Snap CEO Evan Spiegel.”

Read more: http://www.usatoday.com/story/tech/talkingtech/2017/03/06/snapchats-young-users-snap-up-stock-and-want-more-ipos/98710988/

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David Stockman: Wall St. is misreading Trump; market bloodbath imminent

“‘It’s pricing in a fantasy about a Trump stimulus that simply isn’t going to happen. There will be no tax cut, there will be no 15 or 20 dollar a share reduction in the corporate rate.’  According to Stockman, the main catalyst for his pessimism about Trump’s policies is the ‘debt ceiling trap’ that he contended will prevent tax reform, infrastructure and defense spending that have excited so many investors.  Given the ‘factions’ among the Republican Party today, the former Reagan aide also believed that the political turmoil could result in a gridlock the markets don’t see coming.”

Read more: http://www.cnbc.com/2017/03/05/wall-st-is-misreading-trump-and-a-market-bloodbath-is-imminent-stockman.html

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John Hussman: The Most Broadly Overvalued Moment in Market History

“As long as investors are comfortable with expected S&P 500 10-12 year total returns of less than 1% annually, with likely interim losses on the order of 50-60%, investors are free to label this situation as ‘fairly valued’ or with any other phrase they wish.”

Read more: https://www.hussmanfunds.com/wmc/wmc170306.htm

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Security researchers announce “first practical” SHA-1 collision attack

“The SHA-1 hash algorithm is still in use for verifying the authenticity of digital content, despite the march of Moore’s Law ramping up compute power available to hackers in the wild — and despite other, more robust alternatives having existed for years.  Systems that could be compromised via the technique according to the researchers include document signature, HTTPS certificates, version control (git), backup systems, software updates, ISO checksums and more.”

Read more: https://techcrunch.com/2017/02/23/security-researchers-announce-first-practical-sha-1-collision-attack/

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Major Cloudflare bug leaked sensitive data from customers’ websites

“Cloudflare revealed a serious bug in its software today that caused sensitive data like passwords, cookies, authentication tokens to spill in plaintext from its customers’ websites. The announcement is a major blow for the content delivery network, which offers enhanced security and performance for more than 5 million websites.  This could have allowed anyone who noticed the error to collect a variety of very personal information that is typically encrypted or obscured.  The leak may have been active as early as Sept. 22, 2016, almost five months before a security researcher at Google’s Project Zero discovered it and reported it to Cloudflare.”

Read more: https://techcrunch.com/2017/02/23/major-cloudflare-bug-leaked-sensitive-data-from-customers-websites/

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Philippines anti-drug death squads to target 9-year-old children

“The move to target children signals Duterte’s determination to intensify his drug war, which faces outrage abroad and growing unease at home.  National police chief Ronald Dela Rosa recently announced that he was suspending anti-narcotics operations, which have killed more than 2,500 people, while the force rids itself of corrupt cops. The announcement came after it emerged last month that drug squad officers had killed a South Korean businessman at national police headquarters.  Duterte has signaled he intends to continue his drug war. In late January, he said the campaign would run until his presidency ends in 2022.”

Read more: http://www.reuters.com/article/us-philippines-drugs-children-insight-idUSKBN15T1NB

 

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