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Saudi war for Yemen oil pipeline is empowering al-Qaeda, IS
Saudi war for Yemen oil pipeline is empowering al-Qaeda, IS Secret cable and Dutch government official confirm that Saudi Arabia’s war on Yemen is partly motivated by an ambitious US-backed pipeline fantasy Nearly 3,000 civilians have been slaughtered and a million displaced in Saudi Arabia’s noble aerial bombardment of Yemen, which is backed by the […]
The Increasingly Fragile Upper-Middle Class
The Increasingly Fragile Upper-Middle Class Many of these apparently high incomes are completely absorbed by high-cost upper middle class expenses. Since the top 10% takes home 50% of all household income, it follows that this top slice has most of the discretionary cash, i.e. net income left after taxes, servicing debt and paying for essentials […]
ANOTHER NAIL IN THE U.S. EMPIRE COFFIN: Collapse Of Shale Gas Production Has Begun
ANOTHER NAIL IN THE U.S. EMPIRE COFFIN: Collapse Of Shale Gas Production Has Begun The U.S. Empire is in serious trouble as the collapse of its domestic shale gas production has begun. This is just another nail in a series of nails that have been driven into the U.S. Empire coffin. Unfortunately, most investors don’t […]
Presidential Crimes Then And Now — Paul Craig Roberts
Presidential Crimes Then And Now — Paul Craig Roberts Reprinted from Paul Craig Roberts, The Neoconservative Threat to World Order (Clarity Press, 2015) Are Nixon’s and the Reagan administration’s crimes noticable on the scale of Clinton’s, George W. Bush’s, and Obama’s? Not much remains of the once vibrant American left-wing. Among the brainwashed remnants there is such […]
For US and Russia, All Roads Lead to China
For US and Russia, All Roads Lead to China Recently I attended an event where the speaker referred to the interplay between economics and security in Asia as being that of Dr. Jekyll and Mr. Hyde. Dr. Jekyll represents the positive economic growth and interaction within the region, while Mr. Hyde represents the increasing security […]
Why This Slump Has Legs
Why This Slump Has Legs We’ve only really been in two weeks of trading in the new year, things are looking pretty bad to say the least, so predictably the press are asking -and often answering- questions about when the slump will be over. Rebound, recovery, the usual terminology. When will we get back to […]
(Re-)Covering Oil and War
(Re-)Covering Oil and War The first thing that popped into our minds on Tuesday when WTI oil briefly broached $30 for its first $20 handle in many years, was that this should be triggering a Gawdawful amount of bets, $30 being such an obvious number. Which in turn would of necessity lead to a -brief- […]
Brave New World of Bank Bail-Ins As Of January 1st
Brave New World of Bank Bail-Ins As Of January 1st On January 1st, 2016, the new bail-in regime became law putting at risk the deposits of savers and companies in the EU. EU countries join the UK, the U.S., Canada, Australia and New Zealand in having plans for bail-ins in the event of banks and other […]
Terror, climate chaos, financial crisis are the costs of ‘doing business’
Terror, climate chaos, financial crisis are the costs of ‘doing business’ The techno-narcissism of predatory neoliberal capitalism is locked into an endless war with the bastard monster of its own creation – Islamic State Fifteen years into the 21st century, humanity has made little progress in addressing major threats to civilisation. In fact, on terrorism, climate […]
US aimed to nuke civilian populations in enemy cities during Cold War – declassified document
US aimed to nuke civilian populations in enemy cities during Cold War – declassified document © Airman John Parie / Reuters A newly released Cold War-era list of nuclear targets shows the US planned to inflict “systematic destruction” on enemy cities and target the “population” of those areas. It is the most comprehensive Cold War […]
Iraq Seeks To Cancel Security Agreement With US, Will Invite Russia To Fight ISIS
Iraq Seeks To Cancel Security Agreement With US, Will Invite Russia To Fight ISIS Most Iraqis, be they civilians, military personnel, or government officials, do not trust Americans. At a base level, that makes all kinds of sense. After all, the US did launch what amounted to a unilateral invasion of the country just a […]
The Fall Of America Signals The Rise Of The New World Order
The Fall Of America Signals The Rise Of The New World Order “The contemporary quest for world order will require a coherent strategy to establish a concept of order within the various regions and to relate these regional orders to one another.” — Henry Kissinger, “Henry Kissinger On The Assembly Of A New World Order” “[P]art of people’s concern is […]
Western firms plan to cash in on Syria’s oil and gas ‘frontier’
US-led coalition forces carry out a large-scale attack on Syria’s Omar oil field Western firms plan to cash in on Syria’s oil and gas ‘frontier’ US, British, French, Israeli and other energy interests could be prime beneficiaries of military operations in Iraq and Syria designed to rollback the power of the ‘Islamic State’ (ISIS) and, […]
Drudge Sends the Biggest Secret Viral: “America Has Been Arming ISIS”
Drudge Sends the Biggest Secret Viral: “America Has Been Arming ISIS” The biggest open secret in the world has just been tweeted by the world’s biggest news aggregator. Matt Drudge drives so much web traffic that he basically has his own gravity, and now the often-reclusive figure has sent out a message that should be […]
