Bill Bonner: Sooner or later, markets change
Housing Recovery Mirage Over; Bernanke Hoping to Retire Before It’s Noticed
"At the end of 2010, the interest rate on a 30-year mortgage was just under 5 percent… 4.97% to be more precise. Over the next 28 months actions taken by the Fed pushed that rate down as low as 3.42%. So… wonders of wonders… miracles of miracles… soon we were witnessing the inexplicable recovery of our previously decimated and hopelessly underwater housing markets from coast-to-coast. Stories of streets being paved with the gold of home equity and sprawling rental empires were being passed along from Realtor to mortgage broker throughout our apparent Land of Opportunity… the worst was finally over… everyone said so… even on T.V. so it simply had to be true." Continue reading →
Michael Scheuer: Use the Constitution to prevent war with Syria
"Amidst the developing momentum for the U.S. to enter another war that will strengthen al-Qaeda and its allies — like the one Obama fought in Libya and the anti-democratic one in Egypt he authorized this month — perhaps it is worth reviewing three salient and crystal clear facts. –1st : The United States has no genuine national-security interests in Syria. –2nd: Unless America is attacked first, no U.S. president has the constitutional authority to take America to war without a formal declaration of war by Congress. –3rd : Today’s status quo in Syria benefits U.S. national-security interests without Washington having to take any action at all." Continue reading →
Iran’s Concern Over US Attack Plans Could…Provoke US Attack!
"Imagine if an Iranian drone was collecting targeting data from off the US Atlantic coast after routinely warning the United States that a military attack on the United States remained 'on the table.'" Continue reading →
‘King Would’ve Marched on Obama’
"Executive Director of the Black Agenda Report, Glen Ford, sits down with us to revisit Martin Luther King Jr.'s historic March on Washington August 28, 1963, and how the Obama administration addresses its 50th anniversary. Marching in the streets for the right to vote, protestors were greeted by police with tear gas and dogs. That demonstration, led by Doctor Martin Luther King, happened fifty years ago this week. Its most famous moment came with the delivery of MLK's 'I Have a Dream Speech.'" Continue reading →
Pro-Life…Until Birth
"Witness Rep. Trent Franks, who jumped upon his Twittering high horse to machine gun his 'pro-life' position into the faces of his 'opponents' on the pro-death side. The tens of thousands of innocent children killed by the US invasion of Iraq do not bother Rep. Franks in the slightest, because they had the misfortune of being born in a country where the US dislikes the leader. They don't count -- just like the live babies stabbed to death by Doctor Death Gosnell. They don't count. That puts him in the 'the price was worth it' camp, i.e. the same relativistic camp that argues that some lives are more important than others." Continue reading →
The Dictatorial Power to Punish a Dictator
"Americans often forget the Constitution is the law that we the people have imposed on President Obama (and the rest of the federal government). The president expects us to obey his laws and punishes us severely when we don’t. Just ask any of the thousands of people serving long prison terms for violating federal drug laws. Why shouldn’t the president be required to obey our law, the law of the Constitution? Why should Obama be entitled to exercise dictatorial powers, even if it’s just to punish another dictator?" Continue reading →
Chemical Weapons in Syria? Who Cares!
"It does not matter whether or not Obama gets Congressional approval for the strike. It does not matter whether 50 percent plus one in Congress vote in favor of an attack on Syria. It does not matter whether some form of chemical weapons were used in the war in Syria. It does not matter who used them if they were indeed used. it does not matter whether the Saudis are demanding that we overthrow Assad. It does not matter whether the Turks are demanding we overthrow Assad. It does not matter whether the Israelis demand that we overthrow Assad. What matters is that there is no grounds for the US to make war on Syria. It has not attacked us; it does not threaten us. On the contrary..." Continue reading →
How Will White House Find Legal Grounds to Bomb Syria?
"Obama is already breaking the UN charter by shipping arms to rebels, by training them, and by introducing covert CIA and mercenary operatives into Syria. He has already made the US an outlaw nation. Perhaps having already crossed the Rubicon of illegality, he doesn’t care if he advances further into that territory. Perhaps he feels that he can sell an aggressive attack on Syria on the basis of its being defensive and his being in the right. But since America is not threatened, there is no such rationale on the basis of defense possible." Continue reading →
Freedom Requires Whistleblowers: The Importance of Transparency
"Does it bother you that government agencies are able to spy on everything you do online? The power we give to one set of leaders continues to the next, whether you agree with them or not. Prof. James Otteson says we should be concerned about government overreach. The government should be accountable to the citizens, not the other way around. Whistleblowers play an important role in making sure the people know when the government is doing things it shouldn't do." Continue reading →
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