GOP Platform: War Without End

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Posted on 1st March 2015 by Administrator in Economy |Politics |Social Issues

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Hat tip Stucky

Guest Post by Patrick J. Buchanan

 

If the sadists of ISIS are seeking — with their mass executions, child rapes, immolations, and beheadings of Christians — to stampede us into a new war in the Middle East, they are succeeding.

Repeatedly snapping the blood-red cape of terrorist atrocities in our faces has the Yankee bull snorting, pawing the ground, ready to charge again.

“Nearly three-quarters of Republicans now favor sending ground troops into combat against the Islamic State,” says a CBS News poll. The poll was cited in a New York Times story about how the voice of the hawk is ascendant again in the GOP.

In April or May 2015, said a Pentagon briefer last week, the Iraqi Army will march north to recapture Mosul from the Islamic State.

On to Mosul! On to Raqqa!

Yet, who, exactly, will be taking Mosul?

According to Rowan Scarborough of The Washington Times, the U.S. general who trained the Iraqi army says Mosul is a mined, booby-trapped city, infested with thousands of suicide fighters.

Any Iraqi army attack this spring would be “doomed.”

Translation: Either U.S. troops lead, or Mosul remains in ISIS’ hands.

Yet taking Mosul is only the beginning. Scores of thousands of troops will be needed to defeat and destroy ISIS in Syria.

And eradicating ISIS is but the first of the wars Republicans have in mind. This coming week, at the invitation of Speaker John Boehner, Bibi Netanyahu will address a joint session of Congress.

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Hillary Clinton Exposed Part 2 – Clinton Foundation Took Millions From Countries That Also Fund ISIS

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Posted on 1st March 2015 by Administrator in Economy |Politics |Social Issues

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Guest Post by Michael Krieger 

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The Washington Post reported last week that foreign sources, including governments, made up a third of those who have given the foundation more than $1 million over time. The Post found that the foundation, begun by former president Bill Clinton, has raised nearly $2 billion since its creation in 2001.

Foreign governments and individuals are prohibited from giving money to U.S. political candidates, to prevent outside influence over national leaders. But the foundation has given donors a way to potentially gain favor with the Clintons outside the traditional political limits.

– From the Washington Post article: Foreign Governments Gave Millions to Foundation While Clinton Was at State Dept.

Of all the idiotic wars that the dangerously inept American politicians propagandize the public into accepting, the latest ISIS conflict is the most Orwellian and terrifying. Not only was the emergence of ISIS the direct consequence of the chaos left over by the Iraq war — which in itself was based on lies and inaccurate information — but the primary funders of the latest existential terrorist threat du jour are America’s Persian Gulf allies.

This is something I’ve covered before. For example, in last summer’s piece, America’s Disastrous Foreign Policy – My Thoughts on Iraq, I highlighted:

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SUNDAY FUNNIES

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Posted on 1st March 2015 by Administrator in Economy |Politics |Social Issues

Political Cartoons by Nate Beeler

Political Cartoons by Henry Payne

Political Cartoons by Gary McCoy

Political Cartoons by Lisa Benson

Political Cartoons by Glenn McCoy

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QUOTES OF THE DAY

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Posted on 1st March 2015 by Administrator in Economy |Politics |Social Issues

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“The risk that the economy has entered a substantial downturn appears to have diminished over the past month or so.”

Ben Bernanke – June 10, 2008

“It is not the responsibility of the Federal Reserve – nor would it be appropriate – to protect lenders and investors from the consequences of their financial decisions.”

Ben Bernanke – October 31, 2007

“All that said, given the fundamental factors in place that should support the demand for housing, we believe the effect of the troubles in the subprime sector on the broader housing market will likely be limited, and we do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system. The vast majority of mortgages, including even subprime mortgages, continue to perform well. Past gains in house prices have left most homeowners with significant amounts of home equity, and growth in jobs and incomes should help keep the financial obligations of most households manageable.”

Ben Bernanke – May 17, 2007

“At this juncture, however, the impact on the broader economy and financial markets of the problems in the subprime market seems likely to be contained. In particular, mortgages to prime borrowers and fixed-rate mortgages to all classes of borrowers continue to perform well, with low rates of delinquency.”

Ben Bernanke – March 28, 2007

“Despite the ongoing adjustments in the housing sector, overall economic prospects for households remain good. Household finances appear generally solid, and delinquency rates on most types of consumer loans and residential mortgages remain low.”

Ben Bernanke – February 15, 2007

“With respect to their safety, derivatives, for the most part, are traded among very sophisticated financial institutions and individuals who have considerable incentive to understand them and to use them properly.”

Ben Bernanke – November 15, 2005

 


BREAKING BAD (DEBT) – EPISODE TWO

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Posted on 28th February 2015 by Administrator in Economy |Politics |Social Issues

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‘If you’re committed enough, you can make any story work. I once told a woman I was Kevin Costner, and it worked because I believed it’ Saul Goodman – Breaking Bad

“As calamitous as the sub-prime blowup seems, it is only the beginning. The credit bubble spawned abuses throughout the system. Sub-prime lending just happened to be the most egregious of the lot, and thus the first to have the cockroaches scurrying out in plain view. The housing market will collapse. New-home construction will collapse. Consumer pocketbooks will be pinched. The consumer spending binge will be over. The U.S. economy will enter a recession.”Eric Sprott – 2007

In Part One of this article I provided the background of how our current debt saturated economy got to this point of ludicrousness. The “crazy” bloggers, prophets of doom, and analysts who could do basic math were warning of an impending financial crisis in 2006 and 2007, which would be caused by the issuance of hundreds of billions in subprime slime by the Too Big To Trust Wall Street shysters. Subprime mortgages, auto loans, and credit card lines provided the kindling for the 2008 conflagration.

Under normal circumstances we wouldn’t have seen such irrational, reckless, greedy behavior from Wall Street for another generation. But, Wall Street didn’t have to accept the consequences of their actions. They were bailed out and further enriched by their puppets at the Federal Reserve, the lackey politicians they installed in Washington D.C., and on the backs of honest, hard-working, tax paying Americans. The lesson they learned was they could continue to take excessive, reckless, unregulated risks without concern for losses, downside, or consequences.

In reality, the Fed and government have worked in tandem with Wall Street to create the subprime economic recovery. The scheme has been to revive the bailed out auto industry by artificially boosting sales through dodgy, low interest, extended term debt. With the Feds taking over the entire student loan market, they have doled out hundreds of billions to kids who don’t have the educational skills to succeed in college, in order to keep them out of the unemployment calculation.

That’s why you have a 5.7% unemployment rate when 41% of the working age population (102 million people) is not working. The appearance of economic recovery has been much more important to the ruling class than an actual economic recovery for average Americans, because the .1% have made out like bandits anyway. Who has benefited from the $650 billion of student loan and auto debt disseminated by the oligarchs in the last four years, the borrowers or lenders?

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TROUBLEMAKER

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Posted on 28th February 2015 by Administrator in Economy |Politics |Social Issues


DON’T DRINK THE SLUSHIE

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Posted on 28th February 2015 by Administrator in Economy |Politics |Social Issues

Hat tip to a cold BostonBob

Via Boredpanda

Freezing Ocean Waves In Nantucket Are Rolling In As Slush

It’s so cold that the sea on the coast of Nantucket, an island on the eastern coast of the U.S., has turned into slush! Jonathan Nimerfroh, a photographer and surfer who’s “obsessed” with the ocean, snapped these beautiful shots of slushy waves rolling in to the near-frozen beach.

According to Nimerfroh, the high temperature that day had been only 19F, or -7C. It was cold enough for ice to form near the shore, but not cold enough to form solid pieces of ice, which is why the waves had to travel through a layer of slush to reach the shore. It may look like an appetizing slurpee, but I don’t suggest trying it unless you like salt, pee and plankton flavor.

Nimerfroh is an avid ocean and surfing photographer who has plenty of other beautiful photos of the sea, so check out his Instagram and website!

More info: jdnphotography.com | Facebook | Instagramboston.cbslocal.com | (h/t: mashable)

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NET NEUTRALITY

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Posted on 28th February 2015 by Administrator in Economy |Politics |Social Issues

Political Cartoons by Lisa Benson

Political Cartoons by Steve Breen

Political Cartoons by Steve Breen

Via Townhall


The Neoconservative Threat To International Relations

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Posted on 28th February 2015 by Administrator in Economy |Politics |Social Issues

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Guest Post by Paul Craig Roberts

 

For the illustrated version go here: http://kingworldnews.com/paul-craig-roberts-trust-now-shattered-russia-u-s-world-annihilation-threatened/

This week I was invited to address an important conference of the Russian Academy of Sciences in Moscow. Scholars from Russia and from around the world, Russian government officials, and the Russian people seek an answer as to why Washington destroyed during the past year the friendly relations between America and Russia that President Reagan and President Gorbachev succeeded in establishing. All of Russia is distressed that Washington alone has destroyed the trust between the two major nuclear powers that had been created during the Reagan-Gorbachev era, trust that had removed the threat of nuclear armageddon. Russians at every level are astonished at the virulent propaganda and lies constantly issuing from Washington and the Western media. Washington’s gratuitous demonization of the Russian president, Vladimir Putin, has rallied the Russian people behind him. Putin has the highest approval rating ever achieved by any leader in my lifetime.

Washington’s reckless and irresponsible destruction of the trust achieved by Reagan and Gorbachev has resurrected the possibility of nuclear war from the grave in which Reagan and Gorbachev buried it. Again, as during the Cold War the specter of nuclear armageddon stalks the earth.

Why did Washington revive the threat of world annihilation? Why is this threat to all of humanity supported by the majority of the US Congress, by the entirety of the presstitute media, and by academics and think-tank inhabitants in the US, such as Motyl and Weiss, about whom I wrote recently?

It was my task to answer this question for the conference. You can read my February 25 and February 26 addresses below. But first you should understand what nuclear war means. You can gain that understanding here: http://thebulletin.org/what-would-happen-if-800-kiloton-nuclear-warhead-detonated-above-midtown-manhattan8023

The Threat Posed to International Relations By The Neoconservative Ideology of American Hegemony, Address to the 70th Anniversary of the Yalta Conference, Hosted by Institutes of the Russian Academy of Sciences and Moscow State Institute of International Relations, Moscow, February 25, 2015, Hon. Paul Craig Roberts

Colleagues,

What I propose to you is that the current difficulties in the international order are unrelated to Yalta and its consequences, but have their origin in the rise of the neoconservative ideology in the post-Soviet era and its influence on Washington’s foreign policy.

The collapse of the Soviet Union removed the only constraint on Washington’s power to act unilaterally abroad. At that time China’s rise was estimated to require a half century. Suddenly the United States found itself to be the Uni-power, the “world’s only superpower.” Neoconservatives proclaimed “the end of history.”

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SOME KIND OF WONDERFUL

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Posted on 28th February 2015 by Administrator in Economy |Politics |Social Issues