The Most Destructive Presidencies In U.S. History: George W. Bush and Barack H. Obama - By Charles Hugh Smith (18/6/14) PDF Print E-mail
Charles Hugh Smith   
Wednesday, 18 June 2014 10:03

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The Alfred E. Neumann Market: Don’t Worry, Central Banks Have Your Back! - By Joseph Y. Calhoun (17/6/14) PDF Print E-mail
Joseph Y. Calhoun   
Tuesday, 17 June 2014 11:33

Contra Corner

Stocks pulled back a bit last week based on the re-emergence of turmoil in Iraq (did it really ever subside or did we just stop paying attention?) and if you believe some of the pundits, Eric Cantor’s loss of his primary in VA.

That’s the first time a House majority leader has ever lost a primary in trying to retain his seat and some see that as a potential problem for Republicans in the fall elections. That would seem to imply that some people have been buying stocks in anticipation of a Republican wave in the mid-term elections, the logic of which completely escapes me. Even assuming a Republican takeover of the Senate and retention of their majority in the House, I am at a complete loss as to how that would translate into a positive for stocks.

That doesn’t mean that I prefer Democratic economic policies but is merely a recognition that changing the composition of Congress isn’t going to address the problems that plague our economy. A Republican Senate would, if anything, only further polarize the parties and continue the policy paralysis that prevails today.



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Haven’t We Already Done Enough Damage In Iraq? - By Ron Paul (17/6/14) PDF Print E-mail
Ron Paul   
Tuesday, 17 June 2014 11:29

Daily Bell

In 2006, I invited the late General Bill Odom to address my Thursday Congressional luncheon group. Gen. Odom, a former NSA director, called the Iraq war "the greatest strategic disaster in American history," and told the surprised audience that he could not understand why Congress had not impeached the president for pushing this disaster on the United States. History continues to prove the General's assessment absolutely correct.

In September, 2002, arguing against a US attack on Iraq, I said the following on the House Floor:

No credible evidence has been produced that Iraq has or is close to having nuclear weapons. No evidence exists to show that Iraq harbors al Qaeda terrorists. Quite to the contrary, experts on this region recognize Hussein as an enemy of the al Qaeda and a foe to Islamic fundamentalism.

Unfortunately, Congress did not listen.



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Iraq Partition - The Real Strategy Is About To Succeed - By Tom Mysiewicz (16/6/14) PDF Print E-mail
Tom Mysiewicz   
Monday, 16 June 2014 07:15

therebel.org / Wisodm Fund

“The events that are taking place in Iraq are an illustration of a complete failure of the venture started by the US and the UK that allowed it to spiral out of control completely” Russian Foreign Minister Sergey Lavrov recently told journalists.

Mr. Lavrov, I’m sure, knows better and is merely speaking for the press regarding the stated goals of the Iraq war.  For the Anglo-Americans and their Israeli cohorts knew full well even before the 2003 invasion what they were doing and what the outcome would be.  Very possibly, Mr. Lavrov never read my Oct. 2nd, 2005 predictions of Iraq’s fate in a Media Monitors article entitled “The End”.

“What has been the end of the Neocon's Iraq strategy from the start?...For some two years prior to the Iraq war, in Council of Foreign Relations and other elite circles, stories were circulated about the benefits of partitioning Iraq into Shiite, Sunni and Kurdish regions for the benefit of the "Greater Mid East" (read instead: "Eretz Israel")...This could lead to a bloody civil war--easily anticipated prior to the U.S. invasion--and probably leave the Israelis in control of the majority of Iraq's oil through proxies in a future Kurdistan…A depopulated, destroyed Iraq will be in no position to prevent the diversion of its oil supplies and water from the Tigris and Euphrates to Eretz Israel. Further, the conflict could spill over into Syria and Iran and other regional states, possibly drawing them into a conflict reminiscent of the Iran-Iraq war.”



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'Now Is The Time To Prepare For Next Crisis' Says World Bank As IMF Warns Of Housing Crashes - By GoldCore (13/6/14) PDF Print E-mail
GoldCore   
Friday, 13 June 2014 19:50

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