"The World Economic Council in Davos, Switzerland has released its list of nations’ ranking in terms of competitiveness. As always, Switzerland is on top. That’s what peace can do for a nation. Also limited central government, respect for property rights, and low crime. Here are the top nations. At the bottom, also as always, are mostly African tribal units that are euphemistically called nations." Continue reading →
"Matt Drudge, the founder of the enormously popular conservative news aggregator DrudgeReport.com, tweeted today that since there are no real differences between Democrats and Republicans the only two real political parties are Authoritarians and Libertarians. 'It's now Authoritarian vs Libertarian,' Drudge tweeted. 'Since Democrats vs. Republicans has been obliterated, no real difference between parties...' Drudge also asks his followers why anyone would still vote Republican. 'Who are they?!' he asks. 'Raised taxes; marching us off to war again; approves more NSA snooping.'" Continue reading →
"You won't be any worse off by moving some of your savings into multiple friendly jurisdictions and into things that are hard to confiscate, such as physical precious metals and foreign real estate. Obtaining a second passport is also an important ingredient in the mix. The Syrian government, for example, previously refused to renew the passports of Syrians abroad it suspected of being associated with the opposition. This is not surprising and should have been completely predictable. Any government has the ability to revoke the citizenship and/or passport of its citizens at a moment's notice under any pretext that it finds convenient. Look at how the US cancelled Edward Snowden's passport by fiat." Continue reading →
"When asked what is the catalyst for the crash he expects in US equity markets (following crashes in various markets around the world), he shocks a stunned anchor looking at equity markets near all-time highs with some ugly truths - 'interest rates are no longer a tail-wind, earnings growth is not there, and emerging economies are collapsing (so no global growth).' However, with asset allocators 'swimming in the pool of liquidity' it is hard to say 'when' it will occur especially as money floods out of EM markets. Critically though, it is Syria (and the spillover) that has Faber most concerned; as he concludes that Western governments 'meddling' is 'going to be a disaster.'" Continue reading →
"Gorbachev, 82, said the international community must be level-headed. 'I think that we've seen situations in the past that were more dangerous and where we were nevertheless able to find a solution and to find a way out,' he said. 'A lot will depend on the permanent members of the UN Security Council. They need to show the Cold War is over, that they are able to work together,' he said. Gorbachev took a jab at France, a vocal supporter of intervention in Syria. 'I was surprised that France, instead of supporting an international conference, is taking its current position on Syria,' he said. 'I think that France will have to change its position.'" Continue reading →
"Deputy Foreign Minister Faisal Muqdad also insisted that Russia had not wavered in its support, despite comments by President Vladimir Putin suggesting a more conciliatory tone towards the West. 'Syria has taken every measure to retaliate against… an aggression,' he said, although he refused to provide any clue as to what that might mean. 'The Syrian government will not change position even if there is World War III. No Syrian can sacrifice the independence of his country,' he added. US President Barack Obama is busy trying to convince Congress to approve a strike against the Assad regime in retaliation for a suspected deadly poison gas attack on August 21." Continue reading →
"Next week Congress can do far more than stop a feckless Tomahawk barrage on a small country that is already a graveyard of civil war and sectarian slaughter. By voting 'no,' it can trigger the end of the American Imperium—five decades of incessant meddling, bullying, and subversion around the globe that has added precious little to national security but left America fiscally exhausted and morally diminished. Indeed, the tragedy of this vast string of misbegotten interventions is that virtually none of them involved defending the homeland or any tangible, steely-eyed linkages to national security. They were all rooted in ideology." Continue reading →
"'How many people do we have to kill?' former Rep. Ron Paul (R-TX) told Fox News Channel host Neil Cavuto on Tuesday. Discussing the plan for a possible intervention in Syria after government forces used chemical weapons on civilians, Paul said that if the president does not get a vote in Congress authorizing Syrian intervention, it would represent 'the beginning of the end' of the 'American empire.' 'I think there is a sea change,' Paul said of the debate over Syrian intervention. 'The American people are waking up. They are tired of it. They don't have the money.'" Continue reading →
"The numbers are relatively small: just 2,000 refugees, compared to an estimated two million people who have fled Syria during the civil war. But it's a significant increase from the 90 or so Syrian refugees who have been permanently admitted to the U.S. in the last two years. And it's not entirely uncontroversial. The refugees, mostly women and children, will be screened for terrorist ties -- a process that could take a year or more to complete. Unlike previous efforts by the Department of Homeland Security to give temporary protected status to Syrians already in the United States, the State Department effort will bring in Syrians from overseas for permanent resettlement in America." Continue reading →
"Madison was very explicit. When he wrote the Federalist Papers, he wrote that history supposes, or the Constitution supposes what history demonstrates, that the Executive is the branch most likely to go to war and therefore the Constitution vested that power in the Congress. It's explicit and runs throughout all of Madison's writings. This power is a Congressional power and is not an Executive power. They didn't say big war, small war. They didn't say boots on the ground, not boots on the ground. They said declare war. Ask the people on the ships launching the missiles whether they're involved with war or not." Continue reading →