from The Daily Sheeple:
If the Syrian Civil War has taught us anything, it’s that there is a stark difference between how the US and Russia fight their wars. While Russia engaged in a successful air campaign over Syria and worked closely with Assad and Hezbollah to beat ISIS, America sowed chaos in the region by trying to support unpredictable extremists. To the surprise of no one with half a brain, this strategy is now floundering in the most embarrassing way.
The LA Times reports that two American backed rebel groups have repeatedly fought each other in Syria over the past two months. It started in February when the CIA backed Knights of Righteousness were pushed out of the town of Marea by the Pentagon backed Syrian Democratic Forces.
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If the Syrian Civil War has taught us anything, it’s that there is a stark difference between how the US and Russia fight their wars. While Russia engaged in a successful air campaign over Syria and worked closely with Assad and Hezbollah to beat ISIS, America sowed chaos in the region by trying to support unpredictable extremists. To the surprise of no one with half a brain, this strategy is now floundering in the most embarrassing way.
The LA Times reports that two American backed rebel groups have repeatedly fought each other in Syria over the past two months. It started in February when the CIA backed Knights of Righteousness were pushed out of the town of Marea by the Pentagon backed Syrian Democratic Forces.
Read More
"Europe Is Burning" Nigel Farage Slams Merkel's Migration Maelstrom
Submitted by Tyler Durden on 03/29/2016 - 13:45 From ISIS marches in Germany to refugees "doing normal manly things" to women in Sweden, UKIP leader Nigel Farage confronts Angela Merkel and her peers in the European parliament over their dreadfully misguided immigration policies. "Europe is burning," he exclaims, adding that - just like the central-bankers of the world - their solution is insanely simple-minded: "Europe isn't working, so we must have more Europe." The only hope lies, he adds, in the British referendum showing the rest of Europe it is possible to take back control of its own borders.
by Michael Snyder, The Economic Collapse Blog:
If a new financial crisis had already begun, we would expect to see corporate debt defaults skyrocket, and that is precisely what is happening. As you will see below, corporate defaults are currently at the highest level that we have seen since 2009. A wave of bankruptcies is sweeping the energy industry, but it isn’t just the energy industry that is in trouble. In fact, the average credit rating for U.S. corporations is now lower than it was at any point during the last recession. This is yet another sign that we are in the early chapters of a major league economic crisis. Yesterday I talked about how 23.2 percent of all Americans in their prime working years do not have a job right now, but today I am going to focus on the employers. Big corporate giants all over America are in deep, deep financial trouble, and this is going to result in a tremendous wave of layoffs in the coming months.
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If a new financial crisis had already begun, we would expect to see corporate debt defaults skyrocket, and that is precisely what is happening. As you will see below, corporate defaults are currently at the highest level that we have seen since 2009. A wave of bankruptcies is sweeping the energy industry, but it isn’t just the energy industry that is in trouble. In fact, the average credit rating for U.S. corporations is now lower than it was at any point during the last recession. This is yet another sign that we are in the early chapters of a major league economic crisis. Yesterday I talked about how 23.2 percent of all Americans in their prime working years do not have a job right now, but today I am going to focus on the employers. Big corporate giants all over America are in deep, deep financial trouble, and this is going to result in a tremendous wave of layoffs in the coming months.
Read More
Trump Campaign Manager Charged With Misdemeanor Battery Of Ex-Breitbart Reporter
Submitted by Tyler Durden on 03/29/2016 - 11:32 "You are totally delusional. I never touched you. As a matter of fact, I have never even met you."
Does Saudi Arabia's Play For Market Share Make Sense?
Submitted by Tyler Durden on 03/29/2016 - 13:26 Props to Saudi Arabia. Unlike other producers, including U.S. shale producers, it maintained financial strength and flexibility during the last boom. When it began to shift the paradigm of global supply, the kingdom was explicit about its goal - market share - even if it didn’t always trumpet the proactive steps it was taking towards that goal. The now-evident objective of low prices, having been achieved and sustained, begs the question of why Saudi Arabia defended its market share.
Treasury Sells 5 Year Paper In Another Poor Auction
Submitted by Tyler Durden on 03/29/2016 - 13:12 Yesterday's 2 Year auction was ugly, and while it stopped through the When Issued its internals were ugly. Moments ago the Treasury sold $34 billion in 5 Year paper (Cusip Q37), which was just as, if not uglier. The high yield printed at 1.335% (28.08% allotted at high), stopping 0.5 bps through the 1.330% When Issued.
The Federal Reserve Of China?
Submitted by Tyler Durden on 03/29/2016 - 12:49 "There is a consensus that China’s economy will slow in the coming years as it transitions away from investment toward consumption and from exports toward domestic sources of growth. There is much uncertainty, however, about how smoothly this transition will proceed and about the policy framework in place to manage any financial disruptions that might accompany it. hese uncertainties were heightened by market confusion earlier this year over China’s exchange rate policy.""Buy It All" Uber-Dovish Yellen Sends Stocks, Bonds, Gold, Oil Surging
Submitted by Tyler Durden on 03/29/2016 - 12:34
Credibility Watch - Janet Yellen Crushes Recent Hawkishness, Unleashes Fresh Bout Of Soothing Dovishness: Live Feed
Submitted by Tyler Durden on 03/29/2016 - 12:18 With the central-bank-inspired short-squeeze-driven equity market surge losing momentum, Janet Yellen's 'hint-hint' speech today to The Economic Club of New York comes at a critical moment. Amid the constant chatter of headline-making Fed members, seemingly flooring (and capping) the S&P's movement with their algo-driving comments, Yellen is caught between a credibility-crushing dovish (the world is collapsing and we need to maintain equity 'wealth' creation) rock and the hawkish (rate normalization continues - just look at how awesome jobs are, stupid) hard place. Good luck...
Brazil On The Brink As Rousseff's Coalition Collapses, Bar Association Joins Impeachment Push
Submitted by Tyler Durden on 03/29/2016 - 11:56 In the latest blow to Brazil’s embattled President Dilma Rousseff, VP Michel Temer’s PMDB will split with the coalition government, further isolating the Worker’s Party as the country lurches towards a political meltdown. The PMDB’s decision was expected, but it still marks a key turning point in the effort to oust Rousseff, who angered opposition lawmakers when she attempted to appoint former President and Worker’s Party founder Luiz Inacio Lula da Silva to a ministerial position earlier this month. To paraphrase Lula himself: things are getting more "f**ked up" by the day.
by Charles Hugh Smith, Of Two Minds:
Always remember who’s selling whom, and who’s in charge.
Everyone who isn’t willfully blind knows that the Corporate (mainstream) Media doesn’t give the same coverage to Bernie Sanders as it does to his opponent, Hillary Clinton.Bernie’s rallies go unmentioned, his victories are given short shrift and his personal narrative–practically ideal for media glorification–is mentioned in passing, if at all.
A media professional clued me into why the Corporate Media hates Bernie and will move Heaven and Earth to defeat him: Sanders is the only candidate who is seriously promoting campaign finance reform.
Read More…
Always remember who’s selling whom, and who’s in charge.
Everyone who isn’t willfully blind knows that the Corporate (mainstream) Media doesn’t give the same coverage to Bernie Sanders as it does to his opponent, Hillary Clinton.Bernie’s rallies go unmentioned, his victories are given short shrift and his personal narrative–practically ideal for media glorification–is mentioned in passing, if at all.
A media professional clued me into why the Corporate Media hates Bernie and will move Heaven and Earth to defeat him: Sanders is the only candidate who is seriously promoting campaign finance reform.
Read More…
from The Sleuth Journal:
The UK media is out in force to scare Brits from voting to leave the European Union. Thursday June 23: Date of the in/out referendum is set for the vote. Just the notion that an actual plebiscite will take place on such an important issue, is encouraging. Proponents of exiting the EU are natural allies in the struggle to promote national populism. The long and distinguished history of England has an opportunity to show the world that the voice of the people can register a resounding repudiation against the technocrats of an unelected European Union.
So it is refreshing to hear from a ‘City of London” bank remarks that run contrary to the official pleas to stay within the EU.
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The UK media is out in force to scare Brits from voting to leave the European Union. Thursday June 23: Date of the in/out referendum is set for the vote. Just the notion that an actual plebiscite will take place on such an important issue, is encouraging. Proponents of exiting the EU are natural allies in the struggle to promote national populism. The long and distinguished history of England has an opportunity to show the world that the voice of the people can register a resounding repudiation against the technocrats of an unelected European Union.
So it is refreshing to hear from a ‘City of London” bank remarks that run contrary to the official pleas to stay within the EU.
Read More
from Washington’s Blog:
Here is
Bill Clinton, the U.S. President who served Wall Street by removing all
regulations on derivatives-trading and by ending FDR’s Glass-Steagall
Act separation of investment-banking from consumer-banking, now telling
an audience, that his successor George W. Bush had done this, and that
Bush’s successor Barack Obama has unfortunately continued it. He said
this on March 21st when explaining why everyone should vote for his wife
to undo the ”awful” and “trickle-down” legacy of George W. Bush and
Barack Obama:
“If you believe we can all rise
together, if you believe we’ve finally come to the point where we can
put the awful legacy of the last eight years behind us and the seven
years before that when we were practicing trickle-down economics and no
regulation in Washington, which is what caused the crash, then you
should vote for her because she’s the only person who basically had good
ideas, will tell you how she’s going to pay for them, can be commander
in chief, and is a proven change maker with Republicans and Democrats
and independents alike.”
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by A. Barton Hinkle, Reason:
America has witnessed a massive shift in government authority, says George Washington University law professor Jonathan Turley—one that “has occurred without a national debate and certainly not a national vote.” That shift has led to the de facto creation of a “fourth branch of government containing legislative, executive and judicial components but relatively little direct public influence.”
Turley made those remarks in recent testimony before a House Judiciary subcommittee. His talk waded deeply into the weeds of legal history and precedent, but the upshot was this: By failing to rein in regulatory agencies when they overstep their bounds, the Supreme Court and Congress have allowed those agencies not merely to administer law, but to create it—and run roughshod over the public in the process.
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America has witnessed a massive shift in government authority, says George Washington University law professor Jonathan Turley—one that “has occurred without a national debate and certainly not a national vote.” That shift has led to the de facto creation of a “fourth branch of government containing legislative, executive and judicial components but relatively little direct public influence.”
Turley made those remarks in recent testimony before a House Judiciary subcommittee. His talk waded deeply into the weeds of legal history and precedent, but the upshot was this: By failing to rein in regulatory agencies when they overstep their bounds, the Supreme Court and Congress have allowed those agencies not merely to administer law, but to create it—and run roughshod over the public in the process.
Read More
by Patrick Howley, Breitbart:
Texas state Republican Executive Committee member Randall Dunning calls himself the “most hated man on Twitter” for boasting that he’s working to help Sen. Ted Cruz grab delegates away from Donald Trump on the second ballot at the convention in Cleveland.
But Dunning tells Breitbart News that the process of “delegate marshaling” is sophisticated, democratic, and as old as Lincoln. And more importantly: Trump just doesn’t know how to play the game.
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Texas state Republican Executive Committee member Randall Dunning calls himself the “most hated man on Twitter” for boasting that he’s working to help Sen. Ted Cruz grab delegates away from Donald Trump on the second ballot at the convention in Cleveland.
But Dunning tells Breitbart News that the process of “delegate marshaling” is sophisticated, democratic, and as old as Lincoln. And more importantly: Trump just doesn’t know how to play the game.
Read More
from Common Dreams:
Hillary Clinton’s chief campaign strategist has dodged Bernie Sanders’ call for a debate before the April 19 primary in New York, saying the former secretary of state’s response depends on whether the Vermont senator changes his “tone.”
Hillary Clinton’s chief campaign strategist has dodged Bernie Sanders’ call for a debate before the April 19 primary in New York, saying the former secretary of state’s response depends on whether the Vermont senator changes his “tone.”
“This is a man who said he’d never run a negative ad ever. He’s now
running them. They’re planning to run more,” Clinton operative Joel
Benenson said Monday on CNN. “Let’s see the tone of the campaign he wants to run before we get to any other questions.”
Asked what the risk is to debating Sanders in New York, Benenson replied that there is “no risk” for Clinton but that Sanders “doesn’t get to decide” the schedule.
Read More/
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