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The Forgotten Conflict That Is Threatening Energy Markets
The Forgotten Conflict That Is Threatening Energy Markets One of the world’s forgotten conflicts is now making headlines again. In the last week, the military conflict between Azerbaijan and Armenia has reignited, with the two nations having already been engaged in a military confrontation for decades. Nagorno Karabach, an Armenian enclave inside of Azerbaijan, is […]
SCOTT RITTER: Powell & Iraq—Regime Change, Not Disarmament: The Fundamental Lie
SCOTT RITTER: Powell & Iraq—Regime Change, Not Disarmament: The Fundamental Lie Regime change, not disarmament, was always the driving factor behind U.S. policy towards Saddam Hussein. Powell knew this because he helped craft the original policy. The New York Times Magazine has published a puff piece soft-peddling former Secretary of State Colin Powell’s role in selling […]
Covid-19: Phase 1 of the “Permanent Crisis”?
Covid-19: Phase 1 of the “Permanent Crisis”? Let’s assume that the events of the last five months are neither random nor unexpected. Let’s say they’re part of an ingenious plan to transform American democracy into a lockdown police state controlled by criminal elites and their puppet governors. And let’s say the media’s role is to […]
“Putin Hacked Our Coronavirus Vaccine” Is The Dumbest Story Yet
“Putin Hacked Our Coronavirus Vaccine” Is The Dumbest Story Yet OMG you guys Putin hacked our coronavirus vaccine secrets! Today mainstream media is reporting what is arguably the single dumbest Russiavape story of all time, against some very stiff competition. “Russian hackers are targeting health care organizations in the West in an attempt to steal coronavirus […]
It Starts: Mortgage Delinquencies Suddenly Soar at Record Pace
It Starts: Mortgage Delinquencies Suddenly Soar at Record Pace And this is just for April, the very beginning of the Pandemic’s impact on housing. OK, it’s actually worse. Mortgages that are in forbearance and have not missed a payment before going into forbearance don’t count as delinquent. They’re reported as “current.” And 8.2% of all […]
Democracy and the Illusion of Choice
Democracy and the Illusion of Choice Drawing by Nathaniel St. Clair The neoliberal logic of everything for the rich is now so deeply embedded in American political economy that its base assumptions appear untouchable, except in rare and extraordinary circumstances. With the Covid pandemic exacerbating the current crisis of capitalism, political and economic defense mechanisms […]
Mexico State Oil Company Files $22 Billion Debt Swap amid IMF Threats and White House Visit
THE “NEW NAFTA” Mexico State Oil Company Files $22 Billion Debt Swap amid IMF Threats and White House Visit Mexico’s economy is put in the crosshairs by the IMF as the “new NAFTA” takes effect and AMLO is forced to make concessions to avoid an even deeper recession. Mexico’s president, Andres Manuel Lopez Obrador, known […]
The Insane U.S. Budget Deficit Just Went Ballistic
The Insane U.S. Budget Deficit Just Went Ballistic Photo by Defense.gov | CC BY | Photoshopped In recent years, as the government has run annual deficits nearing $1 trillion, they’ve continued to hit the debt ceiling, which is supposed to keep spending in line. But each time, Congress has voted to raise the ceiling so they could continue paying obligations. These […]
Avalanche
Avalanche How bad could it get? For the United States, it seems there is no bottom. Back in March, I wrote that the nation’s response to the coronavirus pandemic would likely shape its economic, political, and geopolitical fortunes for years or decades to come. Four months later, it’s time for a check-in. How’s that pandemic response going? […]
Blain’s Morning Porridge – July 10, 2020 – The World Shifts
Blain’s Morning Porridge – July 10, 2020 – The World Shifts “Carthago delenda est” Did you feel the world wobble last night? As Washington imposes sanctions on top level Chinese officals over ethnic abuse in Xinjiang, and waits for Trump to sign “autonomy” action over Hong Kong targeting officials over the new security law, […]
As Long As Mass Media Propaganda Exists, Democracy Is A Sham
As Long As Mass Media Propaganda Exists, Democracy Is A Sham A new Reuters/Ipsos poll has reportedly found that a majority of Americans believe the completely discredited narrative that the Russian government paid Taliban-linked fighters to kill the occupying forces of the US and its allies in Afghanistan. “A majority of Americans believe that Russia paid […]
Never Before Have I Seen So Much Fake Unemployment & Jobs Data by the Bureau of Labor Statistics. Labor Department Nails It
Never Before Have I Seen So Much Fake Unemployment & Jobs Data by the Bureau of Labor Statistics. Labor Department Nails It Labor Department today: People on state & federal unemployment insurance jumped to 31.5 million, worst ever. Bureau of Labor Statistics today: 4.8 million jobs created, unemployment dropped by 3.2 million. BLS under-reported unemployment […]
2 Aircraft Carriers Lead ‘Show Of Strength’ In South China Sea As Navarro Slams Beijing For “Spreading The Virus”
2 Aircraft Carriers Lead ‘Show Of Strength’ In South China Sea As Navarro Slams Beijing For “Spreading The Virus” On the eve of Independence Day, the White House is once again stoking tensions with Beijing, as President Trump continues to embrace aggressive rhetoric toward China as a key campaign issue that (he hopes) will help […]
The US Military Has Its Knee on the Throat of the World
The US Military Has Its Knee on the Throat of the World The 2021 Defense Budget is making its way through Congress. The annual drama of this event has always been of particular interest to residents of the north Pacific Coast, as the US Navy’s nursery lies only twelve miles off our coast. This is […]
A Summer of Protest, Unemployment & Presidential Politics – Welcome to 1932
A Summer of Protest, Unemployment & Presidential Politics – Welcome to 1932 In 1932, as in 2020, the nation experienced an explosion of civil unrest on the eve of a presidential election, writes James N. Gregory. The Bonus Army stages a demonstration at the empty Capitol on July 2, 1932.(Underwood and Underwood, photographers; Library of […]
