Imperial Hubris

AmEx Must Share Dutch Account Info With IRS

"In its latest John Doe summons, the U.S. Internal Revenue Service (IRS) is requiring American Express to send account information of Dutch residents with credit or debit cards linked to bank accounts outside the Netherlands to U.S. tax authorities. The IRS had requested the information in cooperation with the Dutch government as part of an investigation to determine whether Dutch citizens living outside the Netherlands are complying with tax laws." Continue reading →

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Trump administration is looking at 50- and 100-year bonds

"The Treasury disclosed that it is studying the possibility of ultra-long bonds, with maturities greater than 30 years, currently the bond with the longest maturity. It also said it is preparing for the time when the Fed begins to reduce its giant $4.5 trillion balance sheet — by buying fewer Treasurys and mortgage securities, and perhaps ultimately even unloading the ones it holds." Continue reading →

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U.S. chooses Afghanistan for first “mother of all bombs” drop

"The Afghanistan strike had been in the works for a number of months, Martin reports. The weapon was brought into Afghanistan specifically for this mission. General John Nicholson, the commander of U.S. forces in Afghanistan, was required to get permission to use the weapon, but it’s unclear how far up the chain of command his request traveled." Continue reading →

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Ten Ways to Reduce Terrorism – Can We Admit The War On Terror Has Failed?

"In the wake of the terror attacks in England, France, Germany and elsewhere, can we finally admit that the war on terror is an utter and complete failure? So if the war on terror has failed, what should we do to stop terrorists?" Continue reading →

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Jacob Hornberger: Trump’s New War for America

"With President Trump’s undeclared attack on Syria, a sovereign and independent nation, he has confirmed, once and for all, that he is just another foreign interventionist, no different from his predecessors Barack Obama and George W. Bush. That means, of course, another four years of war, bombings, assassinations, shootings, terrorism, war on terrorism, travel restrictions, walls, surveillance, incarceration, POW camps, torture, out of control federal spending and debt, and everything else that comes with an imperialist and interventionist national security state." Continue reading →

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Fresh US Airstrikes Kill 21, Mostly Civilians, in Northern Syria

"At least one of the strikes appears to have been a deliberate attack on a boatload of civilians attempting to cross the Euphrates River. The boat was carrying about 40 people, and NGOs say that at least seven bodies, six of them children, have been recovered so far, with more missing. The US has dropped leaflets in the area urging civilians to flee toward the Euphrates, but apparently dropped a second leaflet warning them not to try to cross the river or they’d be attacked. The biggest target in the Hanida strikes was an Internet cafe, with the US strikke destroying the site, killing 14 people within, including four children. The US is so far not offering any justification for any of the attacks in the area." Continue reading →

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The cost to replace the 59 Tomahawk missiles Trump fired on Syria

"It could cost about $60 million to replace the cruise missiles that the U.S. military rained on Syrian targets Thursday night. The missiles used on Thursday likely cost the U.S. military around $1 million, but the latest versions of the missile that would replace those could be more costly, depending on size of the order and other factors, said Loren Thompson, a consultant and chief operating officer of nonprofit Lexington Institute." Continue reading →

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