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Close Up and Long Shot


Be careful about what you see in the foreground of the news vis-à-vis what’s in the background. Sunday, the cable networks were on fire over the 30-or-so white nationalists marching across Washington DC — with much larger hordes of masked, black-clad Antifa street-fighters following them around, and an army of DC cops in fluorescent green riot vests following the Antifas and the white nationalist knuckleheads.

The event was a billed as an attempt to commemorate the clash that happened between the same contestants in Charlottesville, Virginia, a year ago in the uproar over Confederate statues. That fiasco ended in the death of a bystander named Heather Heyer. Not a whole lot has changed since then, except perhaps the Left has become more strident in its calls to penalize white people for their crimes of “privilege,” no doubt further inflaming the Unite-the-Right crew. (And the anti-statue campaign has dropped down the memory hole.)

There was plenty of “hate” to go around on both sides Sunday. But those who were waiting for a climactic bloodbath in Lafayette Park must have been disappointed after a long day of tension when a big blob of rain hunkered over the District at suppertime and the theatrics concluded. Both the Antifas and the Unite-the-Right marchers had to go home and get out of their wet clothes. At least they could agree on that.

The cable TV anchors had issued the usual calls for “national unity,” exhorting President Trump to emerge from his Bedminster, New Jersey, golfing bunker and “bring the country together,” a sadly fatuous proposition. There is nothing to come together within. There’s nothing left of an American common culture besides a few Disney movies and that’s not nearly enough. That’s what happens when you opt for multiculturalism as your number one political principle.

…click on the above link to read the rest of the article…

The Deal: Smelling a Rat, Arabs Sense a Coming Humiliation

The Deal: Smelling a Rat, Arabs Sense a Coming Humiliation

The Deal: Smelling a Rat, Arabs Sense a Coming Humiliation

“The Iran sanctions have officially been cast. These are the most biting sanctions ever imposed, and in November they ratchet up to yet another level. I am asking for WORLD PEACE, nothing less!”

What on earth does this tweet from President Trump – “I am asking for World Peace” – mean? It does not at all gel with NY businessman pragmatism: that he wants to diss Obama; or, that he wants to implode Iran in order to recover US energy dominance; or, that with Iran’s implosion, the hitherto obstructed path, would thus be cleared for all Sunni Arab states desirous of normalising and trading with Israel – so to do.

But the extravagant capitalisation of WORLD PEACE implies that Trump has some wider vision, behind this new American ‘war of choice’ on Iran. ‘WORLD PEACE’: It strongly suggests Trump leading us toward a definite destiny: not just for America, but for all humanity (‘no less’). It is an apocalyptic vision. (i.e. an event that implies something not bad, but rather that the implosion of Revolutionary Iran, somehow will bring human Salvation).

The conviction that the crimes and follies of the past can be left behind in some all-encompassing transformation of human life is a secular reincarnation of early Christian beliefs. The very idea of ‘an event’ which transforms humanity and leads to ‘Salvation’ owes to religious conviction – in this case the Jewish apocalyptic current (of which Jesus was an adherent) that was assimilated into early Christianity.

Is this religious eruption Trump’s own? Or, did he absorb it from Ivanka’s conversion to Orthodox Judaism; or, has it emerged out from Trump and Pence’s Evangelical base?

…click on the above link to read the rest of the article…

Giving Trump Carte Blanche for War

Giving Trump Carte Blanche for War

A little-noticed Senate bill would give Donald Trump blanket permission to launch wars in violation of the Constitution, says John Kiriakou.


Have you ever heard of Senate Joint Resolution 59 (S.J.Res. 59)? Neither had I. A friend of mine saw a blurb about it on an obscure national security blog and brought it to my attention. At first glance it didn’t seem to be any big deal. It’s inelegantly named the “Authorization for Use of Military Force (AUMF) of 2018.” It was introduced on April 16, 2018 by Senators Bob Corker (R-TN), the chairman of the Senate Foreign Relations Committee (SFRC), and Tim Kaine (D-VA). Officially, the bill would “Authorize the use of military force against the Taliban, al-Qaeda, the Islamic State in Iraq and Syria, and designated associated forces, and provide an updated, transparent, and sustainable statutory basis for counterterrorism operations.”

It’s hard to oppose a bill that would “keep Americans safe,” as Corker said in the SFRC hearing. But this bill is so bad, such an affront to our freedom, such an attack on our civil liberties, that we should be compelled to oppose it.

S.J.Res. 59 is bad for a number of reasons. First and most importantly, it would provide blanket permission for the president to launch a military attack of literally any size and intensity whenever he wants without specific congressional approval. That seems obviously unconstitutional to me, although I’m not a constitutional scholar. Still, the constitution says in Article I, Section 8 that only Congress shall have the authority to declare war, among other things military. It does not allow the president the ability to launch a war.

Congress alone has the power to declare war. Article 1, Section 8. (Click to enlarge view)

…click on the above link to read the rest of the article…

Trump buys into the Krugman con

Trump buys into the Krugman con - Peter Diekmeyer (08/08/2018)

Leading economic indicators suggest that the Republicans are headed into the fall mid-term election season with the wind at their backs.

Real GDP growth hit 4.1% during the second quarter. The unemployment rate recently slipped to 3.9%, and the US Federal Reserve is finally starting to meet its inflation targets.

Things are so good that U.S. president Donald Trump calls it “the greatest economy in the history of America.”

Yet while all appears well on the surface, there are growing concerns among gold investors about the sustainability of the current pick-up.

Works well in practice… but does it work in theory?

Part of the problem relates to the old joke about French university professors. “It works well in practice,” they reportedly ask. “But does it work in theory?”

The same question underlies Trump’s economic practices. They are clearly generating short-term results. But they don’t appear to adhere to any underlying philosophy.

Republicans liken Trump’s tax cuts and his deregulation efforts with policies implemented by the Reagan Administration. However, the comparison is far from perfect.

For one, the Trump Administration’s growing tariffs on imported goods, which amount to hidden sales taxes, are gradually undoing the effects of his earlier tax cuts.

Worse, the Trump Administration’s practice of choosing which sectors will benefit from protective tariffs and which won’t amounts to a drastic increase in government intervention in the economy.

Making government great again

Taking a step back, Trump’s policies incorporate many of the “big government” themes advocated by mainstream economists from both major political parties during much of the past four decades.

Led by Paul Krugman, a Nobel Prize winner, New York Times columnist and professor at CUNY, the economics profession has consistently advocated growth in government spending, borrowing and credit creation in the hopes of spurring economic growth.

…click on the above link to read the rest of the article…

Ahmadinejad Urges End To US Dollar Hegemony: “Current [World] Order Needs To Change”

As US re-imposes sanctions on Iran, former two-term Iranian President Mahmoud Ahmadinejad has spoken out against the current US hegemony.

As RT notes, Ahamdinejad says the dollar is one of the major pillars of US dominance over global finance and trade; calling for change in the current world order.

The former leader of the Islamic Republic tweeted on Monday, that “The use of the US Dollar as the standard unit of currency in global markets and the world banking system is the key strength of the American Empire. Things need to change, current orders should be reordered.”


The use of the US Dollar as the standard unit of currency in global markets and the world banking system is the key strength of the American Empire. Things need to change, current orders should be reordered.


Seemingly confirming Ahmadinejad’s warning, President Trump reiterated his warnings against breaking Washington’s sanctions, saying in a tweet that “Anyone doing business with Iran will NOT be doing business with the United States. I am asking for WORLD PEACE, nothing less!”


The Iran sanctions have officially been cast. These are the most biting sanctions ever imposed, and in November they ratchet up to yet another level. Anyone doing business with Iran will NOT be doing business with the United States. I am asking for WORLD PEACE, nothing less!


But, while it is a little premature, the relative surge in China’s ‘petroyuan’ futures contract overnight could suggest a shift away from the petrodollar to avoid US sanctions on Iranian oil…

The beginning of the end of the petrodollar?

Are Globalists Plotting a Counter-Revolution?

Are Globalists Plotting a Counter-Revolution?

Are Globalists Plotting a Counter-Revolution?

On meeting with the EU’s Jean-Claude Juncker last month, Donald Trump tweeted: “Both the U.S. and the E.U. drop all Tariffs, Barriers and Subsidies! That would finally be Free Market and Fair Trade.”

Did Larry Kudlow somehow get access to Trump’s phone?

We know not. But, on hearing this, Steve Forbes, Stephen Moore and Arthur Laffer broke into the “Hallelujah” chorus of Handel’s “Messiah.”

“Amen,” they thundered in The New York Times.

Trump should declare “total trade disarmament” to be national policy and make free trade his “legacy” to America. Such a proclamation, they wrote, would assure Trump the “moral high ground” in the global debate and transform him from “evil disrupter of international commerce to potential savior.”

For free trade is always and ever a “win-win for trading partners.”

To read the Times op-ed is to appreciate that what we are dealing with here is an ideology, a political religion, a creed, a cult.

For consider the fruits of free trade policy during the last 25 years: the frozen wages of U.S. workers, $12 trillion in U.S. trade deficits, 55,000 factories lost, 6 million manufacturing jobs gone, China surpassing the U.S in manufacturing, all causing a backlash that pushed a political novice to the Republican nomination and into the presidency.

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To maintain a belief in the superiority of free trade to economic patriotism, in the face of such results, is to recognize that this belief system is impervious to contradictory proof.

Still, the enduring enthusiasm of free trade zealots is not the only sign that GOP globalists, having learned nothing and forgotten nothing, are looking to a post-Trump era to resurrect their repudiated dogmas.

…click on the above link to read the rest of the article…

Trump Blasts “Anyone Trading With Iran Will Not Be Trading With The U.S.”

At one minute after midnight, the first round of renewed U.S. sanctions on Iran took effect, and in one of his earliest tweets since the presidential campaign, at 5:30am EDT, a sleepless Trump blasted out the “official” US position on countries that ignore his just imposed sanctions: “The Iran sanctions have officially been cast. These are the most biting sanctions ever imposed, and in November they ratchet up to yet another level” Trump tweeted.

In a warning to China, India, Russia, Turkey and many other nations which have said they will defy Trump’s sanctions and continue to import Iran oil, Trump warned that “Anyone doing business with Iran will NOT be doing business with the United States.”

Then, pulling a page out of a John Lennon album, Trump explained “I am asking for WORLD PEACE, nothing less!


The Iran sanctions have officially been cast. These are the most biting sanctions ever imposed, and in November they ratchet up to yet another level. Anyone doing business with Iran will NOT be doing business with the United States. I am asking for WORLD PEACE, nothing less!


As a reminder, on Tuesday, following an executive order signed by Trump, the U.S. imposed new restrictions intended to stop the purchase of dollar banknotes by Iran, prevent the government from trading gold and other precious metals and block the nation from selling or acquiring various industrial metals. The measures, which took effect at midnight in Washington, also targeted the auto industry and banned imports of Persian carpets and pistachios to the U.S.

There were some signs Trump’s aggressive policy was already working. Yesterday, Iran’s President Hassan Rouhani, under rising economic and political pressure, spurned President Donald Trump’s suggestion for talks with “no preconditions.”

…click on the above link to read the rest of the article…

Trump Warns Allies “Risk Severe Consequences” If They Violate Iran Sanctions

With the hours ticking by ahead of Washington’s re-imposition of a slew of economic sanctions on Iran, President Trump has just released a statement confirming the narrative he would prefer Americans believe.

Just hours after the European Union issued a statement Monday ahead of when renewed US sanctions are set to snap back against Iran after midnight US Eastern time, saying it “deeply regrets” the sanctions and will take immediate action to protect European companies still doing business with Iran.

Trump makes it clear that any violation (among America’s allies) will not be tolerated…

“The Trump Administration intends to fully enforce the sanctions reimposed against Iran, and those who fail to wind down activities with Iran risk severe consequences.

The first set of sanctions will hit at the Iranian financial system, including Iranian government purchases of US dollars and its gold trade and government bond sales. The US’ dominant role in the world’s financial system means it has been able to pressure countries and companies into compliance, though China remains a key holdout.

“The JCPOA, a horrible, one-sided deal, failed to achieve the fundamental objective of blocking all paths to an Iranian nuclear bomb,” Trump said Monday, defining that its policy as applying “maximum economic pressure on the Iranian regime.”

The US denies it is seeking regime change, but rather aims to “modify the regime’s behavior,” according to an administration official.

A US administration official said the Iranian government was using financial resources freed up by the nuclear deal “to spread human misery.” The US was seeking now to address the “totality of the Iranian threat” in the Middle East.

“None of this needs to happen,” an official said on sanctions. Trump is willing to meet the Iranian leadership “any time” for talks,” the official noted.

…click on the above link to read the rest of the article…

China Launches Personal Attack At “Arrogant, Deceitful” Trump: “We Are Prepared To Fight To The End”

China Launches Personal Attack At “Arrogant, Deceitful” Trump: “We Are Prepared To Fight To The End”

All hope abandon ye who think the trade war with China has any hope of ending soon.

One month ago, Beijing ordered China’s state media “not to use aggressive language” for Trump. As of Sunday, that directive has clearly expired, and after a weekend of bluster by President Trump in which he proclaimed that he has the upper hand in the trade war with China, Beijing finally responded angrily through state media, saying the nation is ready to endure the economic fallout, and launched an “unusually personal attack” against Trump’s trade policies on Monday, saying Trump’s trade “extortion” would not work according to Reuters.

An editorial in the nationalist Global Times on Sunday evening declared that China is prepared for a “protracted war” and doesn’t fear sacrificing short-term economic interests, “considering the unreasonable U.S. demands, a trade war is an act that aims to crush China’s economic sovereignty, trying to force China to be a U.S. economic vassal.”

Separately, in a front-page editorial on Monday, the overseas edition of People’s Daily said Trump was “starring in his own carefully orchestrated street fighter-style deceitful drama” in which diplomacy had been reduced to nothing but a “trading game in which everything should follow the rule of America first”.

“To realise the goal of reviving the American economy, Trump has chosen a simple but crude way. He has bypassed the multilateral trading system of the WTO and started trade conflicts, forcing countries, including its traditional allies, to cede their interests to those of the United States,” the People’s Daily said.

…click on the above link to read the rest of the article…

SGT Report Interviews Brandon Smith Of Alt-Market

SGT Report Interviews Brandon Smith Of Alt-Market

The following video was produced by SGT Report

Two debates will continue to rage in the Liberty Movement until the global reset takes place and the facts become undeniable:

The first debate is whether or not Donald Trump is the messiah on a white horse that some people seem to believe him to be.  Is he controlled opposition (I believe this is the most likely scenario given the evidence), or, is he a well-meaning patriot in over his head and surrounded by globalists?  Is he a “master chess player” gaming the elites beyond their capacity to keep up, or an egomaniac that the elites plan to use to ultimately lure conservatives to their doom?

The second debate is over a subject that I have been battling for quite some time – namely the false East/West paradigm and the illusion that Russia and China are “anti-globalist”.  There is ample evidence to support the argument that Eastern nations are working closely in agreement with global elites towards the goal of a “new world order”.  However, the notion that the East is somehow at war with them persists, generally based on disinformation or false assumptions.

I was happy to participate in a discussion on these subjects and more in this interview with SGTreport.  I commend them for their fairness and their balanced attitude to the proceedings.

Sales of Physical Gold Explode as the Currency Wars Continue to Unfold 

Sales of Physical Gold Explode as the Currency Wars Continue to Unfold - Nathan Mcdonald (03/08/2018)

Trade wars are erupting, scandals are unfolding and now the United States is entering into the much prophesied currency wars that many experts have predicted was coming for years.

The United States and China, who continue to hold out against American tariffs, are entering into a quickly accelerating downward spiral.

Already the US government has ordered a massive $34 Billion worth of tariffs on Chinese goods entering into the United States, while at the same time, China has fired back shots of their own, issuing tariffs of their own kind.

As predicted, this would be far from the last that we would see, as now, we are learning today that President Trump plans on increasing tariffs by an additional 25% , up from the previous 10%.

This equates to a stunning $200 Billion worth of tariffs on Chinese goods, attempting to enter the United States marketplace.

This drastic increase in tariffs comes on the heels of a significant decrease in the value of the Yuan, which essentially has circumvented the previous tariffs placed by President Trumps administration .

These actions, and China’s willingness to devalue their currency proves just how serious they are about winning this currency war, while at the same time, so too does Trump’s acceleration in additional tariffs.

Just how low China is willing to take the Yuan is yet to be seen, as are the unintended consequences of taking such a drastic action.

Already, markets, especially those in China, are experiencing significant turbulence, as they corrected sharply lower.

Meanwhile, markets in the West were more optimistic in their ability to see this trade war through, as Apple surged higher, pulling the broader markets up, along with it.

…click on the above link to read the rest of the article…

US Paranoia Ramps Up Infowar on Russia

US Paranoia Ramps Up Infowar on Russia

US Paranoia Ramps Up Infowar on Russia

This week saw renewed effort by US politicians and media to ramp up the information war against Russia. The impetus came from the US-based social media network, Facebook, declaring that it had identified “coordinated political influence campaigns”.

Never mind that the internet giant admitted that it did not know the actual identify of the organizers, that did not stop US news media and senior Washington politicians jumping to conclusions that Russia was guilty (again) of interfering in US politics.

Facebook’s head of cybersecurity Nathaniel Gleicher was quoted as saying: “At this point in our investigation, we do not have enough technical evidence to state definitively who is behind it.”

Somehow this baseless information was miraculously turned into “evidence” pointing to Russian “malign activity”.

Mark Warner, a member of the US Senate Intelligence Committee, reacted to the non-issue with the following categorical words: “Today’s disclosure is further evidence that the Kremlin continues to exploit platforms like Facebook to sow division and spread disinformation.”

It’s rather astounding that a senior US lawmaker who is running the “intelligence community” can make such a preposterous assertion based on no facts.

Even the Trump White House, which is caught up in a web of contradictions, was impelled to jump to wrong conclusions. A spokesperson said President Donald Trump “will not tolerate foreign interference in our electoral process from any nation state or other malicious actors.”

It is a clear sign of how collectively paranoid the US political and media establishment have become whenever they make such wild extrapolations based on infantile innuendo and fatuous reasoning.

In the following editorial comment in a New York Times report it was stated: “Like the 2016 Russian interference campaign, the recently detected campaign sought to amplify divisive social issues, including through organizing real-world events.”

…click on the above link to read the rest of the article…

US Trade Policy: Not Only are We Stupid, We are Hypocrites

The news agencies reported Trump would extend tariffs on Wednesday. Instead, we have an outline of possible actions.

The Wall Street Journal reports U.S. Turns Up the Heat on China.

The U.S. turned up the heat Wednesday on China, with the Trump administration threatening to more than double proposed tariffs on imports while Congress passed a defense bill designed to restrict Beijing’s economic and military activity.

The moves come as Beijing and Washington have failed to ease an escalating trade dispute, prompting the administration to seek additional leverage. The administration, which has already affixed tariffs on billions of dollars in Chinese imports, said it would consider more than doubling proposed tariffs on a further $200 billion worth of Chinese goods to 25%, up from an original 10%.

Meantime, the Senate approved a defense-policy bill that both tightens U.S. national-security reviews of Chinese corporate deals and revamps export controls over which U.S. technologies can be sent abroad. The bill, which also restricts Beijing in areas ranging from cultural activity to military exercises, passed the House a week earlier and President Trump is expected to sign it into law.

Administration officials are confident they have the upper hand in the trade fight because the U.S. economy is strengthening while the Chinese economy shows signs of growing slack. Moreover, China is more dependent on trade than the U.S.

But that confidence so far hasn’t translated into action.

President Trump has threatened to apply tariffs to all $505 billion in Chinese goods entering the U.S. if the two are unable to reach a settlement. Washington has already applied tariffs to $34 billion worth of Chinese imports, with another set of duties on $16 billion in goods scheduled in the days ahead.

…click on the above link to read the rest of the article…

VIPS to Trump:  Intel on Iran Could be CATASTROPHIC

VIPS to Trump:  Intel on Iran Could be CATASTROPHIC

As drums beat again for war — this time on Iran—-the VIPS’ warning is again being disregarded as it was before the Iraq debacle and this time VIPS fear the consequences will be all-caps CATASTROPHIC. 

MEMORANDUM FOR: The President

FROM: Veteran Intelligence Professionals for Sanity (VIPS)

SUBJECT: 
Intelligence on Iran Fails the Smell Test

Mr. President:

As the George W. Bush administration revved up to attack Iraq 15 years ago, we could see no compelling reason for war.  We decided, though, to give President Bush the benefit of the doubt on the chance he had been sandbagged by Vice President Dick Cheney and others.  We chose to allow for the possibility that he actually believed the “intelligence” that Colin Powell presented to the UN as providing “irrefutable and undeniable” proof of WMD in Iraq and a “sinister nexus” between Saddam Hussein and al Qaeda.

To us in VIPS it was clear, however, that the “intelligence” Powell adduced was bogus.  Thus, that same afternoon (Feb. 5, 2003) we prepared and sent to President Bush a Memorandum like this one, urging him to seek counsel beyond the “circle of those advisers clearly bent on a war for which we see no compelling reason and from which we believe the unintended consequences are likely to be catastrophic.”

We take no satisfaction at having been correct — though disregarded — in predicting the political and humanitarian disaster in Iraq. Most Americans have been told the intelligence was “mistaken.” It was not; it was out-and-out fraud, in which, sadly, some of our former colleagues took part.

Five years after Powell’s speech, the Chair of the Senate Intelligence Committee minced few words in announcing the main bipartisan finding of a five-year investigation. He said:  “In making the case for war, the Administration repeatedly presented intelligence as fact when in reality it was unsubstantiated, contradicted, or even non-existent.

…click on the above link to read the rest of the article…

 

Trump’s Tweets End the Myth of Fed Independence

Trump’s Tweets End the Myth of Fed Independence

President Trump’s recent Tweets expressing displeasure with the Federal Reserve’s (minor) interest rate increases led to accusations that President Trump is undermining the Federal Reserve’s independence. But, the critics ignore the fact that Federal Reserve “independence” is one of the great myths of American politics.

When it comes to intimidating the Federal Reserve, President Trump pales in comparison to President Lyndon Johnson. After the Federal Reserve increased interest rates in 1965, President Johnson summoned then-Fed Chairman William McChesney Martin to Johnson’s Texas ranch where Johnson shoved him against the wall. Physically assaulting the Fed chairman is probably a greater threat to Federal Reserve independence than questioning the Fed’s policies on Twitter.

While Johnson is an extreme example, history is full of cases where presidents pressured the Federal Reserve to adopt policies compatible with the presidents’ agendas — and helpful to their reelection campaigns. Presidents have been pressuring the Fed since its creation. President Warren Harding called on the Fed to lower rates. Richard Nixon was caught on tape joking with then-Fed chair Arthur Burns about Fed independence. And Lloyd Bentsen, President Bill Clinton’s first Treasury secretary, bragged about a “gentleman’s agreement” with then-Fed Chairman Alan Greenspan.

President Trump’s call for low interest rates contradicts Trump’s earlier correct criticism of the Fed’s low interest rate policy as harming middle-class Americans. Low rates can harm the middle class, but they also benefit spend-and-borrow politicians and their favorite special interests by lowering the federal government’s borrowing costs. Significant rate increases could make it impossible for the government to service its existing debt, thus making it difficult for President Trump and Congress to continue increasing welfare and warfare spending.

…click on the above link to read the rest of the article…

Olduvai II: Exodus
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Olduvai
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Olduvai II: Exodus
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Olduvai III: Cataclysm
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