ECONOMY | WHAT REALLY HAPPENED


ECONOMY

Apr 04 10:59

White House Aide: US to Pump Money Into Venezuela After Regime Change

In a special briefing for the Christian Science Monitor, President Trump’s top economic adviser Larry Kudlow revealed that the administration is already working with banks internationally in plans to greatly increase US investment in Venezuela if there is a regime change.

President Trump has demanded immediate regime change, with Venezuela’s president to be replaced by their opposition leader, who is seen as more pro-US. Kudlow says there is a “Day Two” plan to see huge influxes of cash if and when that happens.

This is in keeping with the Trump Administration’s belief that it can effectively shut down the economy of a disobedient nation, and then miraculously turn things around at a moment’s notice once they comply.

Webmaster's Commentary: 

Forgive me, please, but WHAT THE HELL ARE THESE PEOPLE THINKING?!?

Juan Guaido cannot seem to muster any significant popular support; in fact, he has been physically attacked by Maduro supporters; the military is still loyal to Maduro, and I cannot imagine how this guy is going to pull off a "regime change" in Venezuela, particularly now with the presence of both Russian and Chinese troops.

Am I missing something here, other than the utterly hubristic thinking of those in the bowels of power in DC?!?

Apr 04 10:51

House Votes to End US Military Involvement in Yemen War

After voting down a Republican motion to recommit, the House of Representatives voted on Thursday to pass S.J. Res 7, the Senate version of the War Powers Act challenge to US involvement in the war in Yemen. The vote was 247-175-1.

This Senate passed this resolution in March, and sends the resolution to President Trump, who has threatened to veto it. So far it appears unlikely that Congress will be able to override such a veto.

Both House votes on Yemen ran heavily along party lines. The War Powers Act requires any US war to be approved by Congress, and the resolution notes that Congress never authorized any such war in Yemen.

The administration has argued that the four years of war in Yemen technically don’t count under the War Powers Act, sometimes overtly lying about the extent of US involvement in Yemen, and other times arguing that support fo the Saudi-led war is obligated because of arms sales to them.

Webmaster's Commentary: 

Sorry, President Trump, but, to paraphrase Gertrude Stein: "a war is a war is a war", and Congress was left with no choice, until this legislation was passed.

President Trump will, predictably, veto this; after all, he can't let one of his BFFs in the Middle East, The Butcher of Yemen, down, both in terms of providing US military assistance and "guidance" to Saudi mercs and military, and the weapons they are gobbling up, to use to create a genocide in Yemen.

I was wrong about President Trump, in a number of significant ways, as were others who nominally supported his candidacy over that of Hillary Clinton's; but perhaps, one of the most depressing was discovering that his presidency was going to "gift" the world with his presence as "America's Merchant of Death in Chief."

I think history will judge him very harshly on that issue.

Apr 04 10:23

Trump To Give China Until 2025 To Commit To Trade Deal

With 4 minutes to go before the close of trading and stocks within spitting territory of red for the day, someone had to take control of "price discovery" and with the FT's street cred already used up after it's "90% done" report last night, it was up to Bloomberg to preserve the "trade talk optimism" which it did when it reported fresh details on the ongoing trade deal being finalized (and we use the term loosely) between the US China, which according to Bloomberg source would give Beijing until 2025 to meet commitments on commodity purchases and allow American companies to wholly own enterprises in the Asian nation.

Webmaster's Commentary: 

Absoflippinglutely unbelievable.

Apr 04 10:21

Belt-And-Road Initiative In Full Swing In Europe

Authored by Federico Pieraccini via The Strategic Culture Foundation,

The multipolar transformation that is occurring across the Eurasian continent confirms the industrial and diplomatic cooperation between China and the European continent in spite of strong opposition from the United States.

Xi Jinping's visit to Europe confirms what many of us have been writing about over the past few months and years, namely, the reality of an ongoing global transformation of a world dominated by the United States to a pluralistic one composed of different powers collectively shaping a multipolar world.

Europe therefore finds itself in fortuitous position, balanced as it is between its old world links to the United States on the one side and the fledgling Eurasian one being ushered in by Russia and China on the other.

Webmaster's Commentary: 

Unfortunately, when it comes to global economics, and the advantages of cooperating with such economic evolutions, it appears that President Trump cannot see the forest for the trees; hence, there will be more financial pain for American sellers of goods and services (particularly our farmers, who have been doubly devastated by tariffs, and the monumental storm damage in the Central part of the country, which is prime farming country).

Unfortunately, President Trump's "vision" on his financial path for this country, will inevitably lead to financial ruin, be it from economic collapse, or more wars.

Apr 04 10:14

Global Trade Growth Slashed Again As Trade Tensions Persist

The World Trade Organization published a new report that shows world trade is projected to "face strong headwinds" into 2020.

"It is increasingly urgent that we resolve tensions and focus on charting a positive path forward for global trade which responds to the real challenges in today's economy – such as the technological revolution and the imperative of creating jobs and boosting development. WTO members are working to do this and are discussing ways to strengthen and safeguard the trading system. This is vital. If we forget the fundamental importance of the rules-based trading system we would risk weakening it, which would be a historic mistake with repercussions for jobs, growth and stability around the world," Azevedo said.

Apr 04 10:12

An Open Letter To The UK Prime Minister (From One Of The Seventeen Million)

The main argument put forward by the Treasury etc against Brexit has been the potential economic damage which may or may not be accurate.

What is fact however is that, according to the U.S. Federal Reserve Bank – the most important central bank in the world – U.K. total factor productivity growth has fallen from 3.84% in 1973 – (2.88% per annum in the 10 years ending 1973) – to 0.14% in 2016, the most recent data, and negative 0.17% per annum in the 10 years ending 2016. Based on the difference between the 10-year average up to 1973 and the subsequent growth, productivity is just 43% of the size it would otherwise have been. Whilst an opportunity cost rather than a real loss of wealth, the damage is all too clear.

The data gets worse. Even stripping out the 2008 and 2009 crisis years, the last 20 years of productivity is the worst since the 20 years ending 1922 which obviously encompassed WW1 and the enormous loss of capital funding the war.

Apr 04 10:08

Brink Of War: Pakistan On High Alert, Indian Military Ready To Strike

The situation at the LoC (Line of Control) between India and Pakistan remains critical, as both countries are ready for an all-out conflict, reported Sputnik.

"There is a difficult situation with India. We wish for de-escalation and are taking steps for this. The situation like the prime minister [Imran Khan] said remains on alert", Pakistan's Foreign Office spokesman Dr. Muhammad Faisal said in a television report earlier this month.

Prime Minister Narendra Modi on Tuesday held meetings with National Security Advisor Ajit Doval and military commanders, over its "readiness to initiate war against Pakistan," India TV News reported.

Webmaster's Commentary: 

To the Adults in the Room of Geopolitics, (and you know who you are, gentlemen; President Putin and Foreign minister Lavrov); I am hoping and praying,for a Russian intervention here to start to defuse this situation; otherwise, we are looking at two nuclear-armed nations creating the start of a nuclear Armageddon.

Pakistan is aligned with China, in terms of developing its military capabilities Pakistan's new generation of Chinese warships, and India is aligned with the US government US, India sign a military logistics treaty, 2016

Please remember that World War I happened in large measure, because of military and diplomatic treaties, Europe in 1914; first World War alliances explained

To the leadership of both India and Pakistan, please; this potentially coming war, as a way of settling old scores, will put the entire planet in peril.

I am respectfully and sincerely, asking both of you, to stand down, and find a way of resolving your differences without firing a single shot. You CAN do this; but the question is, will you?!?

Apr 04 09:49

Ethiopian Investigators Demand Review Of Boeing 737 Max Flight Control System: Full Report Released

Update (1205ET): Boeing issued the following statement regarding the release today of the preliminary investigation report of Ethiopian Airlines Flight 302 by the Ethiopian Accident Investigation Bureau (AIB).

"I'd like to reiterate our deepest sympathies are with the families and loved ones of those who lost their lives in the accident," said Boeing Commercial Airplanes President and CEO Kevin McAllister.

"We thank Ethiopia's Accident Investigation Bureau for its hard work and continuing efforts. Understanding the circumstances that contributed to this accident is critical to ensuring safe flight. We will carefully review the AIB's preliminary report, and will take any and all additional steps necessary to enhance the safety of our aircraft."

Webmaster's Commentary: 

I'm sorry, but all the apologies and excuses claptrap Boeing is trying to sell here, will be of very cold comfort to those who have lost friends and family because of a known flaw in the plane's system.

All the Boeing executives who knew this flaw existed, but hurried its development out the door while crossing their collective fingers, should be tried by jury, and if found guilty, should be doing hard time at a NON "Club Fed."

This should never happen again, period, end of discussion.

Apr 04 09:42

Saudi Nuclear Facility Near Completion According To Satellite Photos

Saudi Arabia has nearly completed its first nuclear reactor according to satellite photos of the facility published by GoogleEarth, which reveal a "columnar vessel that will contain atomic fuel," according to Bloomberg.

Located in the southwest corner of the King Abdulaziz City for Science and Technology in Riyadh, the new facility has raised concerns in the West - as the Saudis have yet to sign up to the international framework of rules adhered to by other nuclear powers in order to prevent civilian atomic programs aren't used to develop weapons. Nuclear fuel providers, meanwhile, cannot legally supply the new reactor until modern surveillance arrangements have been reached with the International Atomic Energy Agency in Vienna.

Webmaster's Commentary: 

Dear LORD, tell me no!!! And President Trump is ready to sign off on a transfer of nuclear technology here?!?

President Trump Rushing to seel Saudi Arabia Nuclear Technology

Mr. President, forgive me, but of all the ham-fistedly, pig-headedly stupid things you could do in your Presidency to date, this one is most probably one of the worst, and most vile things that you could have possibly promised Saudi Arabia and it's leadership.

President Trump, I assure you that no matter the promises the Butcher of Yemen has made to you, your BFF Saudi Prince Mohammed Ben Salman, about signing on to norms and protocols, and signing the NNPT (which, BTW, Iran has done, but, of course, not Israel), you, in this action, are signing the death warrants of potentially thousands of people in the Middle East and beyond.

Please do not think that once they have the technology, that Saudi scientists are NOT going to be creating nuclear weapons, rather than nuclear energy with which to run their country.

I stand gobsmacked and amazed at your total blindness in not seeing this, sir; this is an horrific idea, writ large.

Apr 04 09:07

China, The Accidental European Power – get used to it

The past three years have seen increasingly vocal European criticism of China’s involvement in the continent. This culminated in March with the European Commission’s designation of China as a systemic rival

What is behind such hostility? Is it China’s growing global footprint through its gargantuan “Belt and Road Initiative”? Is it Beijing’s bonhomie with the countries of Central and Eastern Europe?

Of all the factors that explain European wariness, the underlying one is the realisation that China is here to stay. What is peculiar, however, is that China’s rise as a power in Europe came by accident, rather than design.

>>>

(*you don't need me to tell you what needs doing , here , do you ?)

Apr 04 08:58

Capital is a Mystery to Alexandria Ocasio-Cortez

By Mark Brandly

We all know that Alexandria Ocasio-Cortez is dominating the political news with her demands for socializing the economy. Bob Murphy has explained that her Green New Deal “makes no sense on economic grounds” and even for Keynesians it “ would be nonsensical to implement such a program today.” Given the inanity of the Green New Deal, I would like to propose a course of study for Ocasio-Cortez...

Apr 04 08:57

Is Soros Seeking To Ruin Trump's Economic Rise Through Green New Deal?

Authored by Ekaterina Blinova via SputnikNews.com

Hungarian-born American billionaire George Soros and other globalist investors are highly interested in financial crises, and are therefore keen to support the Green New Deal advocated by economically illiterate politicians including Maxine Waters and Alexandria Ocasio-Cortez, Wall Street analyst Charles Ortel told Sputnik.

On 2 April, President Donald Trump harshly criticised the Green New Deal, which was rejected by the Republican-led US Senate on 26 March, by saying that it was "done by a young bartender" in a reference to Congresswoman Alexandria Ocasio-Cortez.

Speaking to Sputnik, Charles Ortel, a Wall Street analyst, investor, and investigative journalist, explained why the initiative has triggered a heated debate and what risks it is fraught with.

Webmaster's Commentary: 

I find myself engaged with Alexandria Ocasio-Cortez' energy, but abhor her sloppy math and science, and an almost pathological inability to reason. (she must be a Common Core graduate, but..I digress!)

But sloppy math and science, coupled with that pathological inability to reason, are what investors like Soros love, because they understand just what that sloppy math, science, and an inability to reason will actually create, which is the polar opposite of a "Green New Deal", and understand how to bet against it financially.

Apr 04 08:44

The End Of The Bull Market, In Three Charts

Apr 04 08:40

Russia adds $2.4 billion to its foreign exchange reserves in one week

Russia’s foreign exchange reserves rose to $489.5 billion in the last week of March, increasing 0.5 percent or $2.4 billion in seven days, the Central Bank of Russia has announced.

The gains soared thanks to proceeds from issuing international sovereign bonds, purchases of foreign currencies, and gold monetization, the regulator said in a statement on Thursday.

Apr 04 04:00

FedEx’s Report Confirms Recession Fears

Apr 03 19:27

One Big Tip for Huge Economic Growth

Apr 03 15:55

London Property Market

Apr 03 13:04

Stock Buybacks: Worst Mistake Ever

Apr 03 12:36

The stock market is eerily quiet

Apr 03 11:57

Boots could close stores and axe some of its 60,000 UK staff after the chain's American parent company issued a shock profit warning

Boots has warned it could close shops and axe jobs after its parent company issued a shock profit warning.

The chain’s American parent, Walgreens Boots Alliance, yesterday said it had suffered its ‘most difficult quarter’ since its formation. It warned it needed to take ‘decisive steps to reduce costs in the UK’ – with a Boots spokesman saying its shops were being reviewed.

It comes after the company previously said 350 jobs were at risk at its Nottingham headquarters.

Apr 03 11:29

US government’s net worth is now NEGATIVE $75 TRILLION

Usually around the middle of February each year, the US Treasury Department releases an annual report of the federal government’s financial condition.

It’s called the Financial Report of the US Government… and it looks a lot like an annual report that you might see filed by a big company like Apple or Facebook.

Except that, unlike Apple and Facebook, the US government’s annual report is absolutely gruesome.

Apr 03 11:28

How Military Spending Decimates the Middle Class

Should middle America be thankful for all the "jobs" provided by the military in areas like the National Guard? That's the argument of some pro-war progressives.

Apr 03 11:27

How Robinhood Makes Money

Apr 03 10:54

UBS goes down toilet - CEO sells 1m shares

Apr 03 10:44

Confirmed, Patriots Shutdown The Recession

Apr 03 10:29

There Is a Savings Crisis in America

Apr 03 10:10

Can Free Private Cities Replace the State?

Mises.org

Titus Gebel’s new book "Free Private Cities: Making Governments Compete for You" is now available in audio format on mises.org. Recently, we spoke with Mr. Gebel about some common objections to the idea of totally privatized cities existing side-by-side with states of today...

Apr 03 08:47

Pompeo Denies US Sanctions Are Blocking Iran Flood Relief

Two weeks of heavy rain has led to mass flooding in Iran, and humanitarian aid from abroad has been severely limited. According to Iranian FM Javad Zarif, and some other officials, that aid is being slowed by US sanctions.

Secretary of State Mike Pompeo claims that is just the Iran regime “blaming outside entities” when he believes that Iran is fully to blame “for this disaster.” In theory, US sanctions aren’t supposed to limit humanitarian aid.

In practice, however, US sanctions have routinely limited humanitarian aid, and even if Pompeo dismisses Zarif as a liar, he’s also going to have to explain how many other nations, including France and Britain, were openly offering assistance before concerns about the sanctions were risen, and then all such offers started to dry up.

Webmaster's Commentary: 

This isn't the first time Pompeo has lied to the American public, and the world.

In fact, one has to suspect that lying well, to attempt to protect the military industrial complex's economy; the US national dignity, and US covert ops of the Unhinged, Surveilled, State of Amerika, is high on the list of attributes for the politically prized Secretary of State position in this country.

And please remember this: Pompeo Lied to Congress About Yemen To Protect Arms Sales This article goes on to state the following:

"Originally appeared on The American Conservative.

Mike Pompeo’s certification earlier this month that the Saudi coalition was working to reduce harm to civilians in Yemen was an obvious sham. According to a new report in The Wall Street Journal, Pompeo made the decision to lie for the Saudis and Emiratis because he feared it would hurt arms sales:

Mr. Pompeo overruled concerns from most of the State Department specialists involved in the debate who were worried about the rising civilian death toll in Yemen. Those who objected included specialists in the region and in military affairs. He sided with his legislative affairs team after they argued that suspending support could undercut plans to sell more than 120,000 precision-guided missiles to Saudi Arabia and the United Arab Emirates, according to a classified State Department memo and people familiar with the debate.

Cutting off refueling to the coalition likely would make it extremely difficult to sell more weapons to the Saudis and Emiratis, but that is not a good reason to ignore evidence and expert advice and then lie to Congress. Opponents of the war have been trying to block arms sales to both countries for years, and this just gives them one more reason to keep trying. The U.S. should not be in the business of arming governments that we know will use them to commit war crimes, and that certainly applies to the Saudis and the UAE as long as the war on Yemen continues. The longer that the war drags on, and the more civilians that the coalition kills using U.S.-made weapons, the more politically toxic arms sales to Saudi Arabia and the UAE will become."

Sorry, Mikey; dismissing Zarif as "a liar", does't cut it; not when you have been caught in plain sight, lying about the Saudi intentions for the missiles sold by American companies to Saudi Arabia, to use in the commission of war crimes in Yemen, in which the US military has aided and abetted.

Apr 03 08:26

MADURO FIRES ELECTRICITY MINISTER AFTER DEVASTATING BLACKOUTS

Venezuela’s President Nicolas Maduro announced that he had replaced the country’s electricity minister amid a string of three nationwide blackouts that sparked protests against the lack of basic services including water supply.

Reuters quoted Maduro as saying the new minister is an electrical engineer. This, however, is unlikely to help much with the root causes of the crisis, which some observers have attributed to years of underinvestment in power plants and the grid. Maduro himself blamed the first blackout on the United States, calling it sabotage.

The news about the new appointment follows an announcement from earlier this week that electricity will be rationed for at least a month following the third blackout in a month. The rationing, Maduro said, will help the authorities deal with the consequences of the power outages.

Webmaster's Commentary: 

One has to wonder, just what Guaido is planning for his "uprisings" later this month; in light of the fact that Russian troops have arrived in Venezuela, he most probably will not have the advantage of "American boots on the ground when this starts.

Also, he does NOT have the support of Venezuela's military; anything henceforward planned by his "Advisors" in the West, runs a monstrous risk of going Mammary Glands Vertical.

Apr 03 08:06

AMERICAN IDIOCRACY: 50 YEARS LATER, WE’RE STILL STRANDED IN THE TWILIGHT ZONE

“We’re developing a new citizenry. One that will be very selective about cereals and automobiles, but won’t be able to think.”—Rod Serling

Have you noticed how much life increasingly feels like an episode of The Twilight Zone?

Only instead of Rod Serling’s imaginary “land of both shadow and substance, of things and ideas,” we’re trapped in a topsy-turvy, all-too-real land of corruption, brutality and lies, where freedom, justice and integrity play second fiddle to political ambition, corporate greed, and bureaucratic tyranny.

It’s not merely that life in the American Police State is more brutal, or more unjust, or even more corrupt. It’s getting more idiotic, more perverse, and more outlandish by the day.

Webmaster's Commentary: 

Serling was not just an incredible writer; he was a prophet, on that issue.

Apr 03 07:34

FORGET 'CREEPY' - BIDEN HAS A MAJOR UKRAINE PROBLEM

Joe Biden appears to have made a major tactical error last year when he bragged to an audience of foreign policy experts how he threatened to hurl Ukraine into bankruptcy if their top prosecutor, General Viktor Shokin, wasn't immediately fired, according to The Hill's John Solomon.

In his own words, with video cameras rolling, Biden described how he threatened Ukrainian President Petro Poroshenko in March 2016 that the Obama administration would pull $1 billion in U.S. loan guarantees, sending the former Soviet republic toward insolvency, if it didn’t immediately fire Prosecutor General Viktor Shokin. -The Hill

"I said, ‘You’re not getting the billion.’ I’m going to be leaving here in, I think it was about six hours. I looked at them and said: ‘I’m leaving in six hours. If the prosecutor is not fired, you’re not getting the money,’" bragged Biden, recalling the conversation with Poroshenko.

Webmaster's Commentary: 

This got reported at WRH yesterday, but certainly bears repeating.

But that Biden would, with his bare face hanging out and cameras rolling, say this, with impunity to a group of foreign policy experts, is one of the most compellingly horrific examples of corruption within the Obama administration.

That he actually had the power to cause a Ukrainian prosecutor to be fired, by threatening Ukraine with bankruptcy, because this prosecutor was leading an investigation into the workings of Burisma's Holdings, which employed Biden's younger son, Hunter, as a board member, should never be allowed to be forgotten by either the Democratic party, or American voters.

Apr 03 07:15

Why Russia Is Dumping Dollars And Buying Gold At The Fastest Pace In Decades

(*Sometimes , I find myself suggesting to others that if JFK , hadn't been whacked by H.W.B.s CIA , and we hadn't strayed from The Kennedy Doctrine in all the years since , the whole world , Russia and China , too , would have probably gravitated towards us much more effortlessly , in comparison to Trump trying to force The Netanyahu Doctrine down the throat of the world .
But JFK was a communist , nazi , socialist liberal ___ __ _ _____ , partner in the coup against Nixon , and had to be dealt vith , for the sake of the capitalist gains of our corporate 1% who regale us , every once in a while , with a little trickle down , when they want us to vote their way .)

Apr 03 06:46

The Coming Credit Meltdown

Apr 03 03:43

Recession Signs Everywhere

Apr 02 14:16

U.S. Eyes New Front to Combat Iran in Golan Heights

The Trump administration’s recent recognition of Israeli sovereignty over the contested Golan Heights territory is part of a larger effort by the White House to open new fronts in efforts to combat Iranian militants and terror proxies in the region, according to U.S. officials familiar with the decision.

President Donald Trump won plaudits from the pro-Israel community and allies on Capitol Hill when he announced that America would officially recognize the Golan territory on Israel’s northern border as belonging to the Jewish state, which annexed the area following war with Syria several decades ago.

U.S. officials last week faced down critics of this decision at the United Nations, a forum unfriendly to the Jewish state, telling member countries that the Trump administration will take every step necessary to protect Israel’s right to self defense against Iranian militants and Hezbollah fighters who have used the Golan area to launch terrorist attacks on Israel.

Webmaster's Commentary: 

Now, it makes sense that President Trump may well think that the Golan Area is the perfect "base" from which he can attack Iranian and Syrian forces, and that was why he tried to lend some "credibility and legitimacy" to Israel's having annexed this area.

Prepare to see major deployments of US military into this area, and most probably, very soon.

Apr 02 13:47

There's a Retirement Crisis in America

Apr 02 13:04

Is Washington Preparing The Groundwork For A Maidan Scenario In Venezuela?

Authored by Robert Bridge via The Strategic Culture Foundation,

Venezuela is home to the largest oil deposits in the world, which makes the political stakes involved much higher than they would be otherwise. Enter Juan Guaidó, Washington’s puppet leader in Caracas, who will be attempting to rally the country against legitimate (i.e., democratically elected by the people) President Nicolas Maduro next month.

Venezuelan opposition leader Juan Guaidó has announced that April 6 will kick off a nationwide "tactical actions" as part of the so-called Operation Freedom protests, which are designed to oust President Nicolas Maduro.

"On April 6 will be the first tactical actions of the # Operation Freedom across the country," Guaidó declared over Twitter this week.

"That day we must be ready, prepared and organized, with the Aid and Freedom Committees already formed. The rescue of Venezuela is in our hands!"

Is this the start of Maidan 2.0?

Webmaster's Commentary: 

Just because something would be the most pig-headedly, ham-fistedly stupid thing for the US government can do, is utterly no guarantee that they will not do it.

Guaido's minions are going to have to do this without a US troop presence, in light of the reality that Russia has already placed troops on the ground, and founded a helicopter flying school.

I would like to hope that President Trump is not contemplating sending in the troops, if Guaido's efforts only create an epic fail; right now, our military doesn't have the weaponry; the troop strength; the money; or the manufacturing to create a positive outcome in a war with Russia, China, or both.

Apr 02 12:55

Buchanan: Trump Should Close NATO Membership Rolls

Authored by Patrick Buchanan, op-ed via Townhall.com,

When Donald Trump meets with NATO Secretary General Jens Stoltenberg today, the president should give him a direct message:

The roster of NATO membership is closed. For good. The United States will not hand out any more war guarantees to fight Russia to secure borders deep in Eastern Europe, when our own southern border is bleeding profusely.

And no one needs to hear this message more than Stoltenberg.

In Tblisi, Georgia, on March 25, Stoltenberg declared to the world:

"The 29 allies have clearly stated that Georgia will become a member of NATO."

As for Moscow's objection to Georgia joining NATO, Stoltenberg gave Vladimir Putin the wet mitten across the face:

"We are not accepting that Russia, or any other power, can decide what (NATO) members can do."

Yet what would it mean for Georgia to be brought into NATO?

Apr 02 12:53

Whistleblowers Claim FAA Inspectors Not Properly Trained On Boeing 737 Max 8

Multiple whistleblowers have come forward claiming that Federal Aviation Administration (FAA) safety inspectors were not properly trained and did not hold valid certifications on the Boeing 737 Max aircraft, according to a letter to FAA Acting Administrator Daniel Elwell from Sen. Roger Wicker (R-MS).

"Allegations from these whistleblowers include information that numerous FAA employees, including those involved in the Aircraft Evaluation Group (AEG) for the Boeing 737 Max, had not received proper training and valid certifications," the letter reads.

"Some of these FAA employees were possibly involved as participants on the Flight Standardization Board (FSB)," a group formed to evaluate the 737 Max 8 to determine requirements to rate pilots, develop minimum training recommendations, and to ensure "initial flightcrew member competency."

Webmaster's Commentary: 

Was the FAA bought off, to ignore these issues?!?

This is a nightmare unfolding for Boeing right now, but they brought in upon themselves.

Apr 02 12:49

Forget 'Creepy' - Biden Has A Major Ukraine Problem

Joe Biden appears to have made a major tactical error last year when he bragged to an audience of foreign policy experts how he threatened to hurl Ukraine into bankruptcy if their top prosecutor, General Viktor Shokin, wasn't immediately fired, according to The Hill's John Solomon.

In his own words, with video cameras rolling, Biden described how he threatened Ukrainian President Petro Poroshenko in March 2016 that the Obama administration would pull $1 billion in U.S. loan guarantees, sending the former Soviet republic toward insolvency, if it didn’t immediately fire Prosecutor General Viktor Shokin. -The Hill

And why would Biden want the "son of a bitch" fired?

In what must be an amazing coincidence, the prosecutor was leading a wide-ranging corruption investigation into a natural gas firm - which Biden's son, Hunter, sat on the board of directors.

Webmaster's Commentary: 

I am sometimes gobsmacked, by the gross misuse of the power by those in political life in this country.

It appears that the higher one ascends the political ladder into positions of power in this country, the more horrific the criminality gets, and with an incredible degree of hubris and impunity.

Apr 02 12:40

Empire of Chaos in Hybrid War Overdrive

Show Me The Big Picture

A hefty case can be made that the Empire of Chaos currently has no allies; it’s essentially surrounded by an assortment of vassals, puppets and comprador 5th columnist elites professing varied degrees of – sometimes reluctant – obedience.

The Trump administration’s foreign policy may be easily deconstructed as a crossover between The Sopranos and late-night comedy – as in the whole episode of designating State Department/CIA regime change, lab experiment Random Dude as President of Venezuela. Legendary cultural critic Walter Benjamin would have called it “the aestheticization of politics,” (turning politics into art), as he did about the Nazis, but this time it’s the Looney Tunes version.

Webmaster's Commentary: 

The change in "suspects" does not mask the dark, sinister reality, that the US government's moving forward, both militarily, and by any other means necessary, in order to gain complete control of the Middle Eastern oil, and also to guarantee that it's availability to western-centric countries, and will only be sold in US dollars.

Unfortunately, this realization won't sink in for number of Americans, until the draft is reinstated, and will be coming after both its sons and its daughters.

Apr 02 12:25

Video: US Says Syrian Army Must Withdraw from Golan Heights’ Contact Line

On March 28, Israel’s Prime Minister Benjamin Netanyahu came with a new statement claiming that his country will continue working against Iranian presence in Syria. The statement shows that the Israeli military is set to continue its military campaign in Syria.

In own turn, the US did not limit its recent actions in support of Tel Aviv to recognizing the Golan Heights as Israeli territory. It also demanded the Syrian Arab Army (SAA) to withdraw from the separation line area established in the framework of the 1974 Disengagement Agreement. US-Israeli efforts to force the SAA to do so could easily turn the Golan Heights into a new hot point and fuel the Syrian conflict further.

Webmaster's Commentary: 

Unfortunately, this may be precisely what the US and Israel are hoping, and planning for; The Israeli elections are only 7 days away, on 9 April, so having a military "win" if Syrian forces either attack, or refuse to pull back, would distract the Israeli voting public from Netanyahu's corruption trial.

The big question is, if this happens, what will Russia do?!?!?

Apr 02 12:09

Turkey’s Ruling Party Loses Big in Local Votes; Expects to Reverse Results on Appeal

Turkey’s ruling party, the AKP, lost in a big way in the weekend’s local elections, results that had many suggesting that President Erdogan’s attempt to make local voting a referendum on his rule a strategic error.

The AKP, however, is spinning the losses as simple “mistakes,” and with major losses in the big cities of Istanbul and Ankara, the results are being presented as temporary, with AKP fully expecting to appeal enough to get handed those cities in court

Appeals are expected in every distinct of the capital city, as well as in much of Istanbul, where the loss came down to an estimated 0.28 percentage points. Officials see any recounts or appeals as virtually certain to benefit the incumbent party.

With turnouts well above 80%, this was clearly a major election for Turkey, where Erdogan has increased his own powers while severely limiting the parliament, and local officials.

Webmaster's Commentary: 

In the long run, Erdogan has not been great for the Turkish people, or for its minority Kurdish populations; the Turkish people deserve far better leadership than they have had under Erdogan's watch.

Apr 02 12:01

U.S. disaster aid won't cover crops drowned by Midwest floods

The Black Hawk military helicopter flew over Iowa, giving a senior U.S. agriculture official and U.S. senator an eyeful of the flood damage below, where yellow corn from ruptured metal silos spilled out into the muddy water.

Apr 02 11:53

Cumulative Central Bank Balance Sheets

Apr 02 11:52

Democratic Rep. Ro Khanna Calls for Bipartisan Coalition to Work with Trump on Ending Foreign Wars: ‘I Think We’re All on the Same Team’ As Americans

Rep. Ro Khanna (D-CA), a progressive Democrat who is the co-chairman of the 2020 Democrat presidential campaign for Vermont independent Sen. Bernie Sanders, told Breitbart News in an exclusive interview that he hopes a bipartisan coalition comes together to work with President Donald Trump to end a number of wars and U.S. military conflicts worldwide.
Ro Khanna argued that if the United States stops its backing of Saudi Arabia in Yemen’s civil war, finally ends the war in Afghanistan, withdraws troops from Syria once and for all, resists temptations by some to get militarily involved in Venezuela, and completes successful peace negotiations with North Korea, then the United States could better invest resources wasted abroad into rebuilding America’s infrastructure.

Webmaster's Commentary: 

I think this Representative's ideas on this are absolutely terrific; unfortunately, with so many Congressional representatives, from both sides of the aisle, being invested in, or backed by, the military industrial complex, I don't know if he will be able to make this one "fly".

The question is, how many of these manufacturing companies could be re-tooled so quickly to make peace-centric items that doesn't cost an arm and a leg to do?!?

Think: the mythical hero in Iron Man, Tony Stark who, when he understands just what his companies' weapons are doing to real people, wants to shut Stark Industries down, and have the place retooled to make peace-centric products, only to get blind-sided by the business partner, who wants to get him out of the way, permanently?!?

Representative Khanna, this is where you and your team have to be very inventive, transparent, and very positive, to demonstrate how this could be done.

Apr 02 11:30

RUSSIAN BANKS JOIN CHINESE ALTERNATIVE TO SWIFT PAYMENT SYSTEM

Several Russian banks have joined the China International Payments System (CIPS), to ease operations between the two countries, according to a senior official at the Central Bank of Russia (CBR).
“As for the cooperation on payment systems, a range of banks are already connected to CIPS, allowing to facilitate payments routing procedure,” Vladimir Shapovalov, who heads a division dealing with foreign regulators at the CBR’s international cooperation department, said earlier this week during the international Russian-Chinese forum.

Webmaster's Commentary: 

With the dollar getting dumped by many countries around the world, we are looking at a major, and painful, dislocation of the US economy, which is already starting to manifest, with "Retailmagedden" just starting to pick up steam.

Apr 02 11:25

GIVING ISRAEL THE GOLAN HEIGHTS IS THE PRICE PAID BY ASSAD TO STAY IN POWER

Trump’s decision not only preserves the status quo and legitimises Israel’s occupation, but is also tantamount to declaring war on international norms, represented by the UN and international law. At a stroke he has imposed the law of the jungle on the Middle East and its people.

Whether the Golan Heights was sold for money or a guarantee of the presidency for Hafez Al-Assad, or both, is not really the issue. Either way, the betrayal is clear. The result was Israel’s occupation of the Golan Heights and Hafez Al-Assad becoming president after his military coup against President Nureddin Al-Atassi in 1971.

Webmaster's Commentary: 

This is an interesting observation; but the real question, and the true "power behind the throne" behind Syria, is Russia.

And I have to ask; will Russia allow this to remain a stable situation?!? My sense is that President Putin is, by both nature and intelligence, a cautious man, and will simply allow this to continue. But if there are any more "nicks and scrapes" against the sovereignty of Syria in other parts of the country, by either Israel and/or the US (which still has troops in Syria, BTW) Putin may "turn loose", militarily, on both entities.

I would like to hope (and pray) that such a scenario will not happen; this country's military doesn't have the weaponry; the troop strength; the money, or the manufacturing, to insure a positive outcome to a war against Russia in Syria (or anywhere else).

Apr 02 11:12

TAXES OF UKRAINE’S POROSHENKO SHOW HIS INCOME JUMPED 10,000% THANKS TO ROTHSCHILD TRUST

The annual income gains of Petro Poroshenko, who is currently fighting for a second presidential term in Ukraine, saw a nearly hundredfold surge in 2018, the president’s tax documents reveal.
According to the Ukrainian unified register of asset and income declarations, Poroshenko’s fortune totaled 1.56 billion hryvnia (US$57 million) over 12 months through March 31, which is 95 times as much as he reported in the same period a year ago. In 2017, Poroshenko’s gains reportedly reached 16.3 million hryvnia ($600,000).

Most of Poroshenko’s income – around $40.4 million – reportedly comes from return on investment in Zurich-based Rothschild Trust Schweiz, a trust subsidiary of Rothschild Bank AG. The Ukrainian president also earned $14.7 million in profit from the Prime Assets Capital investment fund, while returns on domestic government loan bonds amounted to nearly a million dollars.

Webmaster's Commentary: 

On the 21st, watch those ballot boxes get stuffed more intensely than does a roasted goose at Christmas in a desperate, last ditch attempt to keep Poroshenko in power!!!

I have to wonder if all the people conspired to put this knucklehead in power (like President Obama, Washington was behind Ukraine Coup; Obama admits that it was a US -brokered deal in support of regime changeare experiencing "getters remorse" by this point in time.

Because IF Poroshenko does not win the referendum, the next leadership in Kiev may not be quite so warm to the US and its minions, considering the amount of heartburn and graft the nation has had to endure, post-coup.

Ukraine, at that point, may see the logic in repositioning its relationship with Russia, and not view it an adversary, but a very significant friend, "with benefits"; and were I President Trump right now, that could be one of my worst nightmares of the coming runoff.

Apr 02 10:44

Australia May Start Economic Armageddon

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