ECONOMY | WHAT REALLY HAPPENED


ECONOMY

Mar 21 13:29

Recession is Coming

Mar 21 12:32

The U.S. Economy Is In Big Trouble

“You’ve really seen the limits of monetary and fiscal policy in its ability to extend out a long boom period.” – Josh Friedman, Co-Chairman of Canyon Partners (a “deep value,” credit-driven hedge fund)

The Fed’s abrupt policy reversal says it all. No more rate hikes (yes, one is “scheduled” for 2020 but that’s fake news) and the balance sheet run-off is being “tapered” but will stop in September. Do not be surprised if it ends sooner. Listening to Powell explain the decision or reading the statement released is a waste of time. The truth is reflected in the deed. The motive is an attempt to prevent the onset economic and financial chaos. It’s really as simple as that. See Occam’s Razor if you need an explanation.

Mar 21 12:26

Gold Fever? US Treasury Sanctions Venezuela Gold Mining Company

The U.S. Department of the Treasury imposed sanctions on Tuesday against Venezuela’s state-run gold mining company Minerven, which is part of the Venezuelan Guayana Corporation (CVG) holding.

As part of the ongoing sanctions and attempts to destabilize the Venezuelan government, the U.S. government announced the new measure that aims to block state mining assets and prohibit U.S citizens from dealing with the company. The decision comes after Uganda said it was investigating its biggest gold refinery for importing Venezuelan gold.

The state-run ferrous metals mining company, and its president, Adrian Antonio Perdomo Mata, were included in the list of the Office of Foreign Assets Control (OFAC) and Specially Designated Nationals And Blocked Persons (SDN), adding to more than half a dozen rounds of sanctions against the Venezuelan people and assets.

Mar 21 12:05

U.S. whiskey exports dry up as tariffs bite

(Reuters) - American whiskey exports slumped in the second half of 2018, taking a blow from higher duties by the country’s trading partners following President Donald Trump’s tariffs on steel and aluminum imports, an industry group said on Thursday.

Canada, China, Mexico and the European Union slapped import duties ranging from 10 percent to 25 percent on U.S whiskey and bourbon last year, resulting in a 11 percent drop in U.S. whiskey exports in the second half, according to a report from the Distilled Spirits Council.

Mar 21 11:32

What to Consider If You’re Retiring Abroad

Mar 21 11:07

Iraqi Parliament Prepares to Evict US Troops

US military's presence in Iraq falling out of favor across several political blocs.

In the wake of the ISIS War in Iraq, Pentagon officials will tell you what they’ve been saying all along, that America’s intention is to stay in Iraq, and that there is no consideration being given to leaving. It’s not clear the US has spoken to the Iraqi government about this, however.

While many Iraqis accepted the offer of help in the more desperate moments of the ISIS War, the US military has quickly worn out its welcome. Across a number of major political blocs in Iraq, there is growing consensus that the US, and indeed all foreign military forces, need to go.

This has been brewing for months. The Iraqis saw Trump’s visit to Iraq, during which he didn’t meet the Iraqi PM, as a sign of disrespect. That the Pentagon keeps insisting they’re staying in Iraq, without asking the Iraqis, only adds to the sense that the US isn’t really an invited guest in any real sense.

Webmaster's Commentary: 

OK, folks, it appears that the US President and Military are both suffering from an acute, collective case of SMD (selective memory disorder), about the one guy who got the US military out of Iraq the first time, and now is one of the most powerful people in Iraq who holds no governmental office; Muktada Al Sadr.

Let's take a gentle WRH ride in our way-back machine to last year, and the following article, describing the win of his coalition in the Iraqi parliament last year:

Muqtada al Sadr's win in Iraq, is dredging up tough memories for US soldiers

Please remember; he was the official head of the Mahdi Army, which fought the US military tooth and nail, and then, in 2017 this was disbanded: Iraq disbands what used to be known as the "Mahdi Army

Mr. President, I am strongly cautioning you (not that you appear to be listening, but ... God loves His optimists) on this issue, to show the Iraqi government, and its military, just a small bit of respect, and I ask this for the following reasons.

Although the Mahdi Army has been officially disbanded, please don't bet on this Imam's NOT being capable of"pulling the band back together", if he believes, for one second, that the US government wants to occupy Iraq forever, which, it appears, is really the goal, to control who gets Iraq's oil, and in what currency it will be sold.

Were I a betting woman, I would not bet against him doing this, sir; and he and his people know every inch of the country. And if he does this, how are you going to respond?!? With a second invasion of Iraq, let's say, Iraq 2.0- the "golden cut"?!?

Mar 21 10:37

Nine Years After Obama Snub, Trump Rolls Out Red Carpet for Netanyahu

President Donald J. Trump will host Israel’s Prime Minister Benjamin Netanyahu at the White House next week, displaying a significant shift in policy from President Obama.

Netanyahu will join Trump for a working meeting on March 25 during which they will “discuss their countries’ shared interests and actions in the Middle East,” according to the White House press release Wednesday. The U.S. President will then host Netanyahu at a dinner on March 26. This will be Netanyahu’s third visit to the Trump White House.

Webmaster's Commentary: 

Every time Prime Minister Netanyahu uses his "frequent flyer miles" to get to DC, I get nervous, because, most usually, that means yet another misguided military intervention into a country to which the US military was not invited, like Syria, for example; and trust me, the US is not thinking of leaving there anytime soon, be the troop compliment at 400, or 1,000.

I don't know if any of our readers saw this on Faux TV, but the lower crawl indicated the Trump had tweeted that the Golan Heights should be considered as Israeli territory, possibly giving Netanyahu a "US-Generated lift" before ISraeli elections, which happen 9 April this year.

It was also yet another way to stick a finger in the eye of the Syrian government, the Syrian people, and Bashar Al-Assad, simultaneously, as well.

Mar 21 10:37

Israel And Egypt Compete To Become New Energy Hub

The discovery of the giant gas field Tamar off the coast of Israel in 2009 was the beginning of a new period for the Eastern Mediterranean as an energy hot spot. More recently Exxon and Qatar Gas have discovered another giant gas field off the coast of Cyprus, and Italy’s Eni found more energy deposits off the coast of Egypt. To put the numbers into perspective, the Eastern Mediterranean contains approximately 2,100 billion cubic meters of gas compared to the EU’s consumption in 2017 which was 410 bcm. It shows that the recoverable reserves are more than sufficient to supply the entire EU for a couple of years.

Mar 21 10:36

U.S. ‘’Oil Weapon’’ Could Change Geopolitics Forever

U.S. oil production hit a staggering 12.1 million b/d in February, while that amount has been projected to stay around that production mark in the mid-term then increase in the coming years. The U.S. is the new global oil production leader, followed by Russia and Saudi Arabia, while Saudi Arabia is still the world’s largest oil exporter - a factor that still gives Riyadh considerable leverage, particularly as it works with Russia, and other partners as part of the so-called OPEC+ group of producers. However, Saudi Arabia's decades-long role of market swing producers has now been replaced by this coalition of producers, reducing Riyadh’s power both geopolitically and in global oil markets. In short, what Saudi Arabia could once do on its own, it has to do with several partners.

Mar 21 10:33

Powell Keeps The Bond Bull Kicking

Mar 21 10:31

Iran vows to control prices, boost production despite U.S. sanctions

Iranian leaders vowed on Thursday to control soaring prices, bring stability to the national currency and create jobs as the nation marked the end of a year of economic crisis fueled by renewed U.S. sanctions.

Mar 21 10:26

After Bleeding Thailand Dry, Soros is Going in for the Kill

The highly controversial figure, George Soros has become one of the richest men on the planet by creating a great many hedge funds including Soros Fund Managemen. If Forbes is to be believed, his personal fortune exceeds the mind-boggling sum of 25 billion dollars, however, the dubious strategies that Soros would use to accumulate such an excessive amount of wealth are largely the reason why his name evokes an emotional outcry whenever it is mentioned publicly. It seems that at this point there’s more countries where people are not willing to put up with a myriad of his NGOs than those where his reputation doesn’t precede him. In fact, those ultra-liberal values promoted by his minions are nothing more than a pretext for new color revolutions to be staged which are designed to provide this so-called philanthropist with ultra-profits.

Mar 21 10:19

AFTER BLOCKING ZERO HEDGE AND OTHERS, NZ TELCOS DEMAND BIG-TECH CENSORSHIP SURGE TO “PROTECT CONSUMERS”

People are emailing me about these bans.

I just now browsed (on a remote machine under my control) ZeroHedge, Gab and Dissenter without any problems on Spark, the largest ISP in NZ. Also, my small, regional ISP has not blocked any of these sites.

Whatever is happening with regard to sites being blocked in NZ, it’s definitely not consistent for everyone here.

Since I’m not experiencing any bans, I can’t say how to bypass this for sure, however, it might be as simple as changing your DNS settings to use any of several public DNS services. I recommend CloudFlare’s public DNS.

If you’re more technically adept, or if your ISP is using a transparent DNS proxy and won’t let you use an alternate DNS, you might want to check out DNSCrypt.

Webmaster's Commentary: 

To the New Zealand and other potential censors; I have utterly no need to be "protected", and will ultimately find a away to watch what I want to, thank you very much.

I am a logical human, who does not get swayed, or influenced by anything other than facts.

Mar 21 10:19

One Last Warning For The U.S. Shale Patch

Mar 21 09:52

Huawei’s Rotating Chairman Guo Ping: The US attacks on Huawei betray its fear of being left behind

As a top Huawei executive, I’m often asked why the US has launched a full-scale assault on us. The Americans have charged us with stealing technology and violating trade sanctions and largely blocked us from doing business there. Mike Pence, US vice-president, recently told Nato of “the threat posed by Huawei,” and Mike Pompeo, secretary of state, warned allies that using our telecommunications equipment would make it harder for the US to “partner alongside them.”

On Tuesday at the Mobile World Congress, the industry’s largest trade show, a US delegation including Ajit Pai, Federal Communications Commission chair, repeated the call to keep Huawei out of global 5G networks.

Washington has cast aspersions on Huawei for years. A 2012 report by the House Intelligence Committee labelled us a threat. But, until recently, these attacks were relatively muted. Now that the US has brought out the heavy artillery and portrayed Huawei as a threat to Western civilization, we must ask why.

Mar 21 09:35

Amazon Goes After Google, Facebook With Mobile Ad Launch

In its quest for global, and galactic monopolistic domination, Amazon had focused mostly on legacy businesses with low margins which had little operational leverage, high debt and were losing market share to the online retail giant; one thing the world's richest man refused to do was to aggressively go after his online tech giant peers.

Until now.

In its quest to expand into yet another vertical and grab a piece of the $130 billion digital advertising market dominated by Google and Facebook, Amazon will start selling video spots on its smartphone shopping app.

Mar 21 08:54

Trump Says Tariffs Will Stay Until China Complies With Deal

President Donald Trump said he’ll keep tariffs on China until he’s sure Beijing is complying with any trade deal, refuting expectations that the two nations will agree to roll back duties as part of a lasting truce to their trade war.

“We’re not talking about removing them, we’re talking about leaving them for a substantial period of time, because we have to make sure that if we do the deal with China that China lives by the deal,” Trump told reporters at the White House Wednesday before leaving for Ohio. “They’ve had a lot of problems living by certain deals.”

Webmaster's Commentary: 

So, Trump is again playing the "You give us what we want and then afterwards, maybe, we will do something nice for you" with China ... the exact same approach that wrecked the talks with North Korea.

Mar 21 08:51

Monetary Policy Takes Center Stage: MMT, QE or Public Banks?

As alarm bells sound over the advancing destruction of the environment, a variety of Green New Deal proposals have appeared in the US and Europe, along with some interesting academic debates about how to fund them. Monetary policy, normally relegated to obscure academic tomes and bureaucratic meetings behind closed doors, has suddenly taken center stage.

The 14 page proposal for a Green New Deal submitted to the US House of Representatives by Congresswoman Alexandria Ocasio Cortez does not actually mention Modern Monetary Theory, but that is th it’s e approach currently capturing the attention of the media – and taking most of the heat. The concept is good: abundance can be ours without worrying about taxes or debt, at least until we hit full productive capacity. But the devil is in the details….

Mar 21 08:50

Has This Cycle Reached Its Tail?

Mar 21 08:17

China’s New Silk Road To Extend To Russia's Crimea

Russian state sources and officials have confirmed closer cooperation between Beijing and the Crimean peninsula on major Belt and Road Initiative (BRI) projects, citing Chinese diplomats, which represents a continued significant shift in Moscow's priorities which have historically pit Russia in economic competition with China. Any future BRI projects involving Crimea would further solidify and fully integrate the peninsula into Russia's hold after its annexation from Ukraine following the 2014 referendum.

During a ceremony at the Russian Embassy in Beijing on Monday, the head of the association of Chinese compatriots on the peninsula, Ge Zhili, made the following formal statements: “Our organization is bolstering cooperation ties, exchanges and friendly contacts with the Crimean society.” Not incidentally the event marked the "fifth anniversary of Crimea’s reunification with Russia."

Mar 21 08:13

Why The Fed Keeps Propping Up The Market

Mar 21 08:12

Italy Ready to Sign Trade Deal With China; Trump, Merkel Blindsided

Next week’s visit to Italy by Chinese Premier Xi Jinping has nearly everyone jittery. The recent announcement by Five Star Movement Leader Luigi Di Maio that his country is prepared to sign a Memorandum of Understanding with China to be a part of China’s ambitious Belt and Road Initiative has set off a firestorm of response from Donald Trump to Angela Merkel to Di Maio’s own coalition partner, Lega leader Matteo Salvini.

But, don’t let the wrapper fool you on this. Di Maio’s announcement I don’t think it ‘blindsided’ Salvini as this Reuters article suggests, as much as Merkel and Trump.

Mar 21 08:10

Italy’s Plan to Join BRI Aims to Build Multiple Asia-Europe Gateways

Italy is set to sign a memorandum of understanding with China on cooperation within the framework of the China-proposed Belt and Road Initiative (BRI). The move will have profound impact and be of great significance to both countries.

Mar 21 07:45

Escalation of US-China bilateral tariffs to shave off $1 trillion from America’s GDP

A study by the US Chamber of Commerce shows how the deterioration in the trade dispute between the world’s two largest economies, China and the United States, will drastically affect the American economy.

“Escalation of bilateral tariffs results in lower GDP, lower employment, lower investment, and lower trade flows for the United States,” said the study, which was conducted jointly by the commerce chamber and research firm Rhodium Group.

It found that tariff measures would cost the US GDP from $45 billion to $60 billion in the first year following the imposition. The figure will grow to $89 - $125 billion annually, five years later.

The US economy stands to lose $1 trillion of its baseline potential within ten years of tariff implementation, the report concluded.

Mar 21 07:42

Brexit News: Germany Must EXIT THE EURO!’ Brexit Is A DISASTER But ‘Not For UK’

Holger Schmitz, CEO of Schmitz & Partner AG, said the British “should be happy to have turned their backs” on the Brussels club, while for German savers Brexit is a disaster. He also hit out at EU chiefs for “overlooking the impact of Brexit on the EU’s” strongest economies, which could enable EU member states heavily in debt to “govern undisturbed in the future”, meaning the bloc would instead become a “transfer union”.

As the EU’s strongest economy, Germany would become the “cash cow” to the Union, he warned.

Mar 21 05:32

Is Buffett wrong about gold?

Mar 21 05:06

Led by a Desire to Help the World, Jewish Politicians Take Charge in Colorado

Phil Weiser wants ALL Sheriffs who wont enforce Unconstitutional laws
to resign. We are headed for War! Thanks to these Bolsheviks.

As Democrats swept to power in Colorado this fall, many national headlines focused on Jared Polis becoming America's first openly gay governor as a point of increased diversity in the Centennial State. Joe Neguse's election as Colorado's first African-American congressman drew other such headlines.

But what traveled under the radar was the fact that several prominent Jewish candidates, including Polis, Griswold and Attorney General Phil Weiser, are the first Jews elected to constitutional statewide offices in Colorado's history.

https://www.breitbart.com/politics/2019/03/20/colorado-ag-sheriffs-won...

Mar 20 16:24

Ford 'repackages' in wake of Trump twitter storm

DETROIT (AP) — Ford Motor Co. is repackaging a previously announced manufacturing investment in the Detroit area and now says it will spend $900 million and create 900 new jobs over the next four years.

Most of the new workers will build a new generation of electric vehicle at Ford’s existing factory in Flat Rock, Michigan, south of Detroit, which will see an $US850 million investment.

The company also plans a roughly $50 million autonomous vehicle manufacturing centre at an undisclosed site near Detroit that will add hardware to existing vehicles.

The announcement comes just after a three-day string of venomous tweets by President Donald Trump condemning crosstown rival General Motors for shutting down its small-car factory in Lordstown, Ohio, east of Cleveland.

Trump demanded that GM reopen the plant, criticized the local union leader and expressed frustration with GM CEO Mary Barra.

Mar 20 14:25

Deeper Discovery Into Origins Of The Green New Deal

By Patrick Wood

Internationally, the Green New Deal first appeared in England in 2008 with a 44-page report by the Green New Deal Group, simply called A Green New Deal. An excerpt appears below, concluding with a download button and a supporting video produced by a sister organization called the New Economics Foundation.

The board of the Green New Deal Group is stacked with radical members of the green movement, including Greenpeace and Friends of the Earth...

Mar 20 12:53

Top 50 Billionaires by Industry

Mar 20 12:40

How Americans Make and Spend Their Money

Mar 20 11:35

Boeing/FAA Saga "Is A Perfect Microcosm Of Our Twisted & Broken Culture"

One of the first things to become apparent as I began reading about the deadly crash of Ethiopian Airlines’ Boeing 737 MAX 8 plane on March 10th, was the fact that nobody seemed to trust U.S. authorities.

As Fortune noted:

Ethiopia’s aviation authority is unable to read the black box recorders from the Boeing 737 Max plane that crashed Sunday, but a row is brewing over just where the flight recorders will be sent for analysis.

The U.S. National Transportation Safety Board is pushing to have its experts analyze the data and voice recorders, which were partly damaged, the Wall Street Journal reports, but Ethiopian authorities would prefer to work with the U.K.’s Air Accidents Investigation Branch to ensure that U.S. experts won’t have undue influence in the probe of the American-made plane.

Mar 20 11:08

BLOOMBERG’S ARMSMAKER-FUNDED COLUMNIST WANTS YOU TO KNOW: MILITARY SPENDING IS WOKE

Progressives are told to love the Pentagon budget (Bloomberg, 3/17/19) by a pundit whose connection to the military/industrial complex isn’t disclosed.

You may not know it, but bloated Pentagon budgets are actually “progressive.” Or so says a recent opinion piece in Bloomberg News (3/17/19), “Progressives Should Learn to Love the Pentagon Budget,” by Hal Brands.

Bloomberg identifies Brands as the “Henry Kissinger Distinguished Professor at Johns Hopkins University’s School of Advanced International Studies, and senior fellow at the Center for Strategic and Budgetary Assessments.” “Kissinger” is ominous enough, but surely Center for Strategic and Budgetary Assessments is some innocuous, wonky academic institution, no?

In a piece explicitly defending bloated military budgets, however, perhaps it would be useful to know what exactly the “Center for Strategic and Budgetary Assessments” is.

Webmaster's Commentary: 

and of course, they have our Merchant of Death in Chief, AKA President Trump in power at this time, advocating for wars, and more wars, as he believes "war is good for business."

Mr. President, I would politely suggest that war is always to fatten the wallets of the already monied; it is the people at the bottom of your pyramid who get well and thoroughly gouged, physically and emotionally, in wartime.

"You're selling us war... but we're just not buying
You've got your "talking heads" all queued, but we know... they're lying
How many more will you condemn to dying?!?
You can't justify this war,
so just stop trying!"

Courtesy of Claire Karst Rivero, "You're selling us war...", from
http://melophilia.net/pop_music.html

Mar 20 10:49

FedEx Warns of Global Slowdown

Mar 20 10:33

U.S. MERCENARIES ARRESTED IN HAITI WERE PART OF A HALF-BAKED SCHEME TO MOVE $80 MILLION FOR EMBATTLED PRESIDENT

MOST OF THE Americans arrived in Port-au-Prince from the U.S. by private jet early on the morning of February 16. They’d packed the eight-passenger charter plane with a stockpile of semiautomatic rifles, handguns, Kevlar bulletproof vests, and knives. Most had been paid already: $10,000 each up front, with another $20,000 promised to each man after they finished the job.

A trio of politically connected Haitians greeted the Americans when their plane landed around 5 a.m. An aide to embattled Haitian President Jovenel Moïse and two other regime-friendly Haitians whisked them through the country’s biggest airport, avoiding customs and immigration agents, who had not yet reported for work.

It was too good a deal for the band of semi-employed military veterans and security contractors to turn down.

Webmaster's Commentary: 

these men are lucky that they escaped with their lives, considering the current tone and timbre of Haitian politics right now.

Looks like this op went "mammary glands up", and in a very spectacular way.

Mar 20 10:29

RON PAUL: IS TRUMP REALLY ABOUT TO ATTACK VENEZUELA?

Last week Secretary of State Mike Pompeo ordered the last of the US diplomats out of Venezuela, saying their presence was a “constraint” on US policy toward the country. The wording seemed intended to convey the idea that the US is about to launch military action to place a Washington-backed, self-appointed politician to the presidency. Was it just bluster, designed to intimidate? Or is the Trump Administration really about to invade another country that has neither attacked nor threatened the United States?

Webmaster's Commentary: 

This could get amazingly ugly, in light of the fact the Russia has said that it will "protect its interests in Venezuela", which was a non-subtle way of Putin promising that if US military goes in with a decap strike against Caracas, they will be met, force for force.

Mr. President, President Putin is a guy who keeps his promises, and were I you, I would not want to second guess him on this.

War with Russia over Venezuela's proven oil reserves?!? Right now, if I were a betting woman, I would not bet against it.

I would like to hope that there is an adult in the bowels of power in DC who has the horse-sense to talk President Trump out of such an action; unfortunately, however, the people around him right now, including Pompeo and Bolton, those recycled neocons who never saw a potential war in which they didn't want the US to engage, want this to move forward.

Mr. President, please; this fight, between the US and Russia over Venezuela's oil, could be catastrophic, and put the US economy into even more of a tailspin than it already is; and Mr. President, every economist I have read, indicates that we are headed into a recession about which you will not be able to do much.

Please consider that, as you and your minions march into the coming election cycle in 2020.

Mar 20 10:01

Minister Describes Iran as China's Strategic Partner in Mideast

China's Minister of Commerce Zhong Shan underlined that Iran is the strategic partner of his country in the region, saying that Beijing is interested in the further development of economic and trade ties with Tehran.

"Iran is China's strategic partner in the Middle-East and China is the biggest trade partner and importer of oil from Iran," Zhong said, addressing the 17th joint commission of economic cooperation between Iran and China in Beijing on Tuesday.

He underscored China's preparedness to use the mechanism of the joint commission to strengthen bilateral economic and trade relations.

Zhong expressed the hope that strategic relations between the two countries would further expand after holding the joint economic commission meeting in Beijing.

Mar 20 09:57

JPMorgan Managing Director Dies Suddenly; Has Links to Other JPM Deaths

When you are the largest bank in the United States and you’ve been compared to the Gambino crime family in a book by two trial lawyers; when you’ve pleaded guilty to three criminal felony counts brought by the United States Justice Department in the past five years; when you’ve paid over $30 billion in fines over charges of crimes against the public and investors since 2008; and when you’ve had an unprecedented string of employees leaping to their death from buildings, dropping dead at home or on the street, and two alleged murder-suicides by employees — all in just the past five years – one might think that law enforcement might show some interest – especially since this employer – JPMorgan Chase – holds tens of billions of dollars of Bank-Owned Life Insurance (BOLI) on its workers. (This death benefit, by the way, pays tax-free to the corporation, not the employee’s family.)

Mar 20 09:56

COVERT CHEMICAL WARFARE: 100,000 DEATHS A YEAR

Medical News Today reports that, in 2011, there was a modest uptick in the number of prescriptions written in the US.

The increase brought the total to: 4.02 billion.

Yes, in 2011, doctors wrote 4.02 billion prescriptions for drugs in America.

That’s an average of roughly 13 prescriptions for each man, woman, and child.

That’s about one new prescription every month for every American.

The Medical News Today article concluded, “…the industry should be heartened by the growth of the number of prescriptions and spending.” Yes, I’m sure the drug industry is popping champagne corks.

We’re talking about prescriptions here. We’re not talking about the number of pills Americans took. We’re also not counting over-the-counter drugs or vaccine shots.

Webmaster's Commentary: 

These numbers are astronomical; but of course, please be aware that many times, a Doctor is compensated for prescribing certain drugs, even if they do not really contribute to the health of the patient, bot only to the financial health of the prescribor.

Mar 20 09:35

US AND SOROS TAKE STAB AT THAI ELECTIONS

Western regime change efforts have intensified ahead of upcoming elections in Thailand. Opposition groups attempting to take power and remove Thailand’s powerful, independent military from Thai politics have received extensive, well-documented funding and political support from Washington, London, Brussels, and Western corporate foundations, including the most notorious of all – George Soros’ Open Society Foundation (OSF).

One such front – Human Rights Watch (HRW) – has recently released a report condemning upcoming elections as undermining the “right to vote.”

To understand Soros-funded propaganda published by HRW, one must first understand why Thailand has been targeted for regime change in the first place.

Why Thailand?

The Southeast Asian Kingdom of Thailand serves as a pivotal regional hub economically and geopolitically. It has the second largest economy in ASEAN and remains the only Southeast Asian state to have avoided Western colonization.

Mar 20 08:23

The Official Business Of The Banks Is Money Laundering For Drug Dealers And Terrorists

John Titus says that banks out-rank the United States government itself, so regardless of the banks’ actions, the banks are untouchable…

Mar 20 08:22

Fund Manager: There Are Lies, Damned Lies, And Statistics…Then There’s The Govt Jobs Report

Dave Kranzler says the gloves are off when it comes to fraudulent data. The powers that be will do anything to disguise the cadaver that is the U.S. economy…

Mar 20 07:38

US Freight Volume Drops

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