News Commentary

Peter Schiff: Messing with the Bull

"In retaliation for the unpardonable sin of questioning the U.S. Treasury's credit worthiness, the Obama Administration is sending a loud and clear message to Wall Street: mess with the bull and get the horns. Shockingly, the blatant selectivity of the prosecution, however, has failed to ignite a backlash. But as the move violates both the spirit of the Constitution and the letter of the law in so many ways, I can't help but look at it as a sea change in the nature of our governance. Call it Lincoln with a heavy dose of Putin." Continue reading →

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Why S&P is in the Crosshairs of the Department of Justice

"It was S&P that took the heat in August of 2011, being first to actually cut the nation's rating to AA+. At the time the Obama administration lashed out at S&P, launching an unprecedented attack, specifically accusing the agency of 'misleading calculations.' Some now speculate that the Obama administration is merely getting revenge on S&P's downgrade by taking legal action against the rating agency. But it is also plausible that the Obama administration made a shrewd political calculation in taking this action. The Obama Justice Department's suit puts Moody's and Fitch on notice that they had better behave." Continue reading →

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“Anti-war” Liberals: No More Excuses

"Thanks to NBC News, a lot of (now-former) drone supporters are confronted with a confidential Justice Department white paper justifying presidential killing of American citizens abroad, seemingly on the basis of thin air. The document, 16 pages of Bushian doublespeak, declares 'Here the Justice Department concludes only that where the following three conditions are met, a U.S. operation using lethal force in a foreign country against a U.S. citizen who is a senior operational leader of al-Qa’ida or an associated force would be lawful.' In other words, we’ll obliterate you because of reasons, and you’re now a terrorist because we said so." Continue reading →

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Bill Bonner: Revolving Zombies

"The defining characteristic of a zombified system is the way it hands out its rewards. In an honest economy, people do their best. They work hard. They take their chances. Some prevail because they are productive. Others are just lucky. The chips fall where they may. But as the system is taken over by zombies, the chips fall where they are told to fall. Rather than to honest and efficient producers, the rewards go to those who curry favors." Continue reading →

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Nigel Farage: West Headed Into Orwellian Nightmare & Bankruptcy

"I tell you what, with every day that goes by it begins to look more real. It’s almost as if there is this massive attempt to make us all give up our freedom. To make us all surrender our liberty. To make us all sign up to a system where they (central planners) can monitor our emails. Where they can, effectively, monitor and censor what we say, what we’re allowed to read, and what we’re allowed to hear. They are leading much of the Western world towards bankruptcy. I just think there must be people sitting there in Singapore, India, in China, and they must be laughing their socks off." Continue reading →

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What Actually Is or Will Be Obama’s Foreign Policies in the Vampire-Empire?

"What this Meliorism and Empire amount to, beside all their destructive effects, is a big tax on productive working Americans. This tax goes straight into the hands of all those persons, groups, NGOs, government officials, bureaucrats, corporations, armed service personnel, defense companies, armaments manufacturers, electronics developers, planners, aides, rebels, communications people, educators doing studies, advisors, contractors, food suppliers, construction personnel, and on and on who execute or do the actual work of the Empire in these activities and lands." Continue reading →

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Ron Paul: Immigration ‘Reform’ Will Turn the US into a Police State

"The devil is in the details, and the details of the McCain plan are deeply disturbing. To secure the borders he is calling for a massive increase in drones flying over US territory, spying on US citizens along the border – and presumably within the 100 mile 'border zone' over which Department of Homeland Security claims jurisdiction. Additionally, the McCain/Schumer plan calls for a nationwide, mandatory E-Verify program, which forces employers to act as federal immigration agents, and forces American citizens to prove to the government that they are allowed to work. E-Verify is an East Germany-like program that creates a massive federal database of every American citizen." Continue reading →

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Pepe Escobar: War on terror forever

"It's now official - coming from the mouth of the lion, Chairman of the Joint Chiefs of Staff General Martin Dempsey, and duly posted at the AFRICOM site, the Pentagon's weaponized African branch. Exit 'historical' al-Qaeda, holed up somewhere in the Waziristans, in the Pakistani tribal areas; enter al-Qaeda in the Islamic Maghreb (AQIM). In Dempsey's words, AQIM 'is a threat not only to the country of Mali, but the region, and if... left unaddressed, could in fact become a global threat.' With Mali now elevated to the status of a 'threat' to the whole world, GWOT is proven to be really open-ended." Continue reading →

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Eric Margolis: Just Back From The Mideast – And I’m Really Worried

"The Mideast is stumbling into one of its most dangerous crisis in decades. This region is always tense, but right now a series of separate conflicts are rapidly beginning to intersect. We see the Mideast, North Africa and the Sahara buffeted by revolutions and counter-revolutions. Old colonial powers France and Britain, and the US, are trying to reassert their domination in the region. The jihadist are back. In a brazen act of war, Israel launched airstrikes on Syria last Wednesday in a clear attempt to worsen the crisis in that war-torn nation and challenge Syria’s ally, Iran." Continue reading →

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Pepe Escobar: The Real Currency, Gold and Energy War in Mali

"Have you heard lately of the meme of a currency war that’s going on? Well, Pepe Escobar, the 'roving eye' correspondent of Asia Times, tells you about the real currency, gold and energy war that is now raging in Mali, as the overall Global War on Terror needs new battlefields to perpetuate itself as 'The Long War.'" Continue reading →

Continue ReadingPepe Escobar: The Real Currency, Gold and Energy War in Mali