As reported yesterday, in a surprise announcement late in the day, and shortly before the S&P downgraded Russia to junk (perhaps as part of the fine-print of its $1.5 settlement with the DOJ for daring to downgrade the US in 2011), the US Department of Justice announced it had busted a Russian spy ring in New York City, where at least one of the three people was said to be involved with finance and potentially, capital markets.
Specifically, the DOJ announced “charges against Evgeny Buryakov, aka “Zhenya,” Igor Sporyshev and Victor Podobnyy in connection with Buryakov’s service as a covert intelligence agent on behalf of the Russian Federation (Russia) in New York City, without notifying the U.S. Attorney General of Buryakov’s status as an agent of Russia, as required by federal law. Buryakov was placed under arrest earlier today in Bronx, New York, and is scheduled to appear before U.S. Magistrate Judge Sarah Netburn in federal court in Manhattan later today. Sporyshev and Podobnyy no longer reside in the United States and have not been arrested. By virtue of their prior positions in the United States on behalf of Russia, both of them were protected by diplomatic immunity from arrest and prosecution while in the United States.” Continue reading »
In the early 1970s, there were about 200,000 new US businesses created each year (net of closures). Now, the number is negative. Why are Americans getting poorer?Look no further. No new businesses (net). No new jobs (again net). No new wealth. Under Obama and Draghi, crony capitalism flourishes. Real capitalism dies.
Three weeks ago, when reporting on Obama’s close personal friend and Bank of Hawaii “community banker” appointee to the Fed board, Allan Landon, we emphasized an apparently trivial data point that had somehow managed to slip through the background due diligence process. Namely, that about a decade ago, the same Landon stepped down as board member from the Seattle Federal Home Loan Bank after he was found to have “failed to comply with a rule requiring the disclosure of conflicts of interest by a director by failing to make disclosure to the Seattle Bank board of their institutions’ planned redemptions.” The full story can be read here, but in a nutshell a banker that the president himself has appointed to join the US money printing authority was on the cusp of being investigated for embezzlement, and was forced to quietly disappear into the night despite denying “any wrongdoing.” Today we learn just how much assets the banker who at least once was caught with “borderlineembezzlement ” made during his humble tenure as a “community banker.” The number: somewhere between $10 and $40 million.
Chairman of the Joint Chiefs, General Martin Dempsey has, according to Politico, asked The National Defense University to establish an essay and research competition focused on the Middle East in honor of Saudi Arabia’s late King Abdullah. How very generous for America’s top uniformed military leader to recognize such a leader of another nation… Though no details of the prize are available, we thought we would take a stab (figuratively) at an essay...
The National Defense University plans to establish an essay and research competition focused on the Middle East in honor of Saudi Arabia’s late King Abdullah — a memorial directed by America’s top uniformed military leader. Continue reading »
This is what happens when an inconvenient couple stays together all the time and you cannot just murder the “troublemaker”, the spouse has to go too because she/he is always an ever present witness and would report the murder for what it is.
Such an event happened over the Christmas holidays, when anti-establishment movie maker David Crowley was found dead with his wife in an “apparent” “murder suicide”. Such types just mysteriously blink out quite frequently in “murder suicides”, just like those “gas leaks” that are very similar to 2,000 pound bombs which leave craters and strip concrete off of brick.
Crowley was the producer of the new highly anticipated movie “Gray State,” an independent film envisioning a brutal police state, martial law crackdown, complete with biometric identification, a ubiquitous surveillance state and troopers rounding dissidents up into camps. Obviously the movie must have been coming along very well because “they” killed him for it. Sort of lets you know what the plan is even without the movie being released . . . Continue reading »
Defense Secretary Chuck Hagel is sending the first wave of about 100 US forces to the Middle East in the coming days to train and equip Syrian opposition fighters battling Islamic State militants.
The US troops, mostly special operations forces from the US Special Operations Command (SOCOM), will begin arriving in countries outside Syria in the next few days, Admiral John Kirby, the Pentagon press secretary, said on Friday.
“They’re going to … take a look at what’s there and prepare for further deployments,” according to Kirby, who last week said several hundred troops from foreign governments were also expected to train the Syrian fighters. Continue reading »
Amid the devastation of yesterday’s Mariupol artillery strikes which killed or wounded dozens, which was promptly blamed by both sides on the “adversary” – and has been proclaimed by both ‘sides’ (more on that later) as more violent than before the truce – an ‘odd’ clip has emerged that appears to provide all the ‘proof’ a US intelligence officer would need to surmise that US military boots are on the ground in Ukraine. As the following clip shows, a Ukrainian journalist approaches what she thinks is a Ukrainian soldier (since he is wearing a Ukrainian military uniform and is carrying an AK) and asked him as they run through the battlezone, “tell me, what happened here?” His response, which requires no translation, speaks for itself.
Forward to 2:36 for the ‘Ukrainian’ soldier’s response:
Edward Snowden: Spy or Whistleblower? Neither! He is a Manufactured Avatar of the American Intelligence Community!
For over a year, the bloated American Intelligence Community, both the military and the civilian components, have been playing a game with us, citizens-taxpayers. A narrative was created in the personae, or what I call ‘avatar’ of an ostensible ex-CIA, ex-Special Forces and ex-NSA contractor named “Edward Snowden.” This Edward Snowden apparently leaked millions of intelligence documents regarding our massive electronic surveillance over our citizenry. Continue reading »
Since last May (and likely long before) when the topic of “de-dollarization” was first uttered in official circles (and not just tin-foil-hat-wearing blogs), the rest of the world (un-isolated as they are) has been warming to the idea that perhaps – just perhaps – it is time to de-dollarize (more or less depending on the despotic region in question). From currency swap agreements to bi-lateral trade agreements to selling US Treasuries and greatly rotating USD reserves into gold, the world’s nations (small and large) appear less and less comfortable holdings dollars in this tempestuous world. Among the supporters of that first “de-dollarization” meeting were China and Iran and while the former continues to work down its exposure, the latter – Iran, according to Tasnim news agency, has almost entirely eliminated USDollars from its reserves and is no longer using dollars in foreign trade.
Statement by the President on the Death of King Abdullah bin Abdulaziz
It is with deep respect that I express my personal condolences and the sympathies of the American people to the family of King Abdullah bin Abdulaziz and to the people of Saudi Arabia.
King Abdullah’s life spanned from before the birth of modern Saudi Arabia through its emergence as a critical force within the global economy and a leader among Arab and Islamic nations. He took bold steps in advancing the Arab Peace Initiative, an endeavor that will outlive him as an enduring contribution to the search for peace in the region. At home, King Abdullah’s vision was dedicated to the education of his people and to greater engagement with the world.
As our countries worked together to confront many challenges, I always valued King Abdullah’s perspective and appreciated our genuine and warm friendship. As a leader, he was always candid and had the courage of his convictions. One of those convictions was his steadfast and passionate belief in the importance of the U.S.-Saudi relationship as a force for stability and security in the Middle East and beyond. The closeness and strength of the partnership between our two countries is part of King Abdullah’s legacy.
This Is For EVERYONE Who refused to Listen To Us Out Here On Youtube. For every Truth video removed saying exactly what they are saying Now on Main Stream. For those of you whom will only believe the wicked mainstream , .. Here You Go! We Told You So!
Although one of the hostage’s jumpsuits flutters in a breeze, Khan said she believes a fan caused the movement and noted that wind in the desert would be noisy and affect the sound quality of the statements being made by the knife-wielding man. It would also kick up dust, and none seems apparent, she said. Continue reading »
The face of America’s unauthorized offshore wars has changed over the years, and these days it can most often be found watching the infrared screen of a terminal in some heavily-guarded air force base on US soil, operating heavily-armed, remote-controlled drones thousands of miles away, tasked with executing a lethal mission which usually involves one or more “collateral” casualties.
For almost five years, Brandon Bryant was one of those faces, and worked in America’s secret drone program bombing targets in Afghanistan and elsewhere. Continue reading »
In Tuesday’s State of the Union, Obama said The ‘Shadow Of Crisis Has Passed’, and the one and the only thing I thought was: ‘Good, so now we can tackle the crisis itself?!’. If speeches like the SOTU Tuesday night, and the reactions to it, make anything clear, it’s that the PR guys won the fight against critical thinking. Sure, there are people for whom that shadow has passed, but a president is supposed to be there for all Americans, not just for those who finance his campaigns and those of his successors.
And for most Americans, the shadow hasn’t passed at all, and the crisis certainly hasn’t. And hollow promises to help the middle class are not going to change anything about that. It’s an elite game, and all others are left to fend for themselves. For now that remains hidden behind the veil of over 50% of Americans receiving some kind of government benefit, but that won’t last. We may have some idea of how much richer the rich are getting, and even that is a stretch, but we have much less idea of how much the poor got poorer. Continue reading »
For more than a year, the leader of one the most notorious insurgent groups in Iraq was said to be a mysterious Iraqi named Abdullah Rashid al-Baghdadi.
As the titular head of the Islamic State in Iraq, an organization publicly backed by Al Qaeda, Baghdadi issued a steady stream of incendiary pronouncements. Despite claims by Iraqi officials that he had been killed in May, Baghdadi appeared to have persevered unscathed. Continue reading »
During his State of the Union speech on Tuesday evening, Barack Obama is going to promise to make life better for middle class families. Of course he has also promised to do this during all of his other State of the Union addresses, but apparently he still believes that there are people out there that are buying what he is selling. Each January, he gets up there and tells us how the economy is “turning around” and to believe that much brighter days are right around the corner. And yet things just continue to get even worse for the middle class. The numbers that you are about to see will not be included in Obama’s State of the Union speech. They don’t fit the “narrative” that Obama is trying to sell to the American people. But all of these statistics are accurate. They paint a picture of a middle class that is dying. Yes, the decline of the U.S. middle class is a phenomenon that has been playing out for decades. But without a doubt, our troubles have accelerated during the Obama years. When it comes to economics, he is completely and utterly clueless, and the policies that he has implemented are eating away at the foundations of our economy like a cancer.
The following are 27 facts that show how the middle class has fared under 6 years of Barack Obama: Continue reading »