I was a Saudi arms dealer’s ‘pleasure wife’

"Billionaire Saudi Arabian arms dealer Adnan Khashoggi is best known for his roles in some of the most infamous political scandals of the 1980s. They include the Iran-Contra affair (he was a key middleman in the arms-for-hostages exchange) and accusations that he concealed funds alongside Philippines First Lady Imelda Marcos. But the 81-year-old, who now lives in Monaco, was also a womanizer with multiple wives and a bevy of beautiful girls at his beck and call. Among them was young American model Jill Dodd." Continue reading

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Israel Bans Travel For Settlement Opponents, Sparks Expat Backlash

"The Israel travel ban, passed in the Knesset last month, has drawn widespread condemnation, including from mainstream Jewish organizations such as the American Jewish Committee, the Anti-Defamation League and the Reform movement. Since its establishment in 1999, Birthright has brought more than 500,000 young Jewish adults to Israel. Most of the participants in the program are college-age students. The program’s largest benefactor is billionaire casino magnate and Republican mega-donor Sheldon Adelson." Continue reading

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The Venezuelan Crisis Is Due to Economic Ignorance

"The worst part of Venezuela’s tragedy is that it was so obviously predictable. Economists familiar with the work of Ludwig von Mises understood the necessary results of socialist policies. A sound money and freely floating prices provide a society with functioning markets that deliver the goods to the people. The market economy is true populism." Continue reading

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30 Years After Saddam Hussein, Now U.S. Bombs Kurds To Smithereens

The Pentagon has admitted to an airstrike that is believed to have killed more than 200 civilians in the northern Iraqi city of Mosul, at the edge of the autonomous Kurdistan region. In the 1980s, Kurdistan was targeted by Saddam … Continue reading

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How Trump Filled The Swamp

"With promises to 'drain the swamp!' still ringing in our ears, we have watched Trump appoint nothing but Goldman banksters, Soros stooges, neocon war hawks and police state zealots to head his cabinet. Join us this week on The Corbett Report as we examine the swamp-dwellers with which Trump has filled his swamp." Continue reading

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Bill Bonner: How Do You Destroy a Business?

"Mr. Mnuchin was on the board of Sears for the past 11 years, throughout its devastating decline. He is resigning now, letting the ship go down without him. Besides, he has already stolen the silver. How do you destroy a business? It’s not that hard. Rather than invest in new people and new methods, you take the money for yourself. It is even more attractive if you can borrow a lot of fake money at ultra-low rates against the company’s credit… pay it out to yourself and other financiers… and then jump ship, leaving the company, its employees, and its creditors to drown in your debt." Continue reading

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Audit the Fed Legislation Sinks: Plan Accordingly

"Rand Paul and Ron Paul, the dynamic duo of anti-Fed forces, invested a lot of time and money trying to get that legislation passed. But even if it reached Barack Obama's desk, it would have been vetoed. Of course, the Fed pushed back against the legislation. Fed Chairman Janet Yellen penned a letter to senators before the vote claiming that the legislation would deprive the Fed of necessary independence. She also noted that passing the legislation might generate an inflation scare and cause interest rates to rise. One wonders if this was a subdued threat." Continue reading

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Democrats Work To Block Regulations, After Flood Of Campaign Cash

"The Obama administration’s efforts to rein in Wall Street face opposition from members of the president’s own party. Since 2011, after Dodd-Frank became law, Democrats have raised over $330 million from the financial industry, and their party’s presumptive incoming Senate leader, New York's Chuck Schumer, is considered a close ally of the financial sector. As the year-end legislative wrangling intensifies, here are the other Democrats who have been Wall Street’s key allies in fighting the Obama administration. They have all raised big money from the financial industry." Continue reading

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