from James Munder:
by Philip Giraldi, The Unz Review:
Referring to Israel during an interview in August 1983, U.S. Navy Admiral and former head of the Joint Chiefs of Staff Thomas Moorer said “I’ve never seen a President — I don’t care who he is — stand up to them. It just boggles the mind. They always get what they want. The Israelis know what is going on all the time. I got to the point where I wasn’t writing anything down. If the American people understood what a grip these people have got on our government, they would rise up in arms. Our citizens certainly don’t have any idea what goes on.”
by Harley Schlanger, LaRouche PAC:
With only two months before the crucial midterm Congressional elections in the U.S., President Trump is spending about half his time holding rallies around the country, backing candidates who support his program, while denouncing the Democratic Party’s effort to make the election into a referendum for Trump’s impeachment. Candidates whom Trump has endorsed in the Republican primaries have won, even when they were behind in the polls to their Republican opponents before the endorsement, but the outcome of the November elections is unclear.
by Jim Quinn, The Burning Platform:
“A variety of investors provided capital to financial companies, with which they made irresponsible loans and took excessive risks. These activities resulted in real losses, which have largely wiped out the shareholder equity of the companies. But behind that shareholder equity is bondholder money, and so much of it that neither depositors of the institution nor the public ever need to take a penny of losses. Citigroup, for example, has $2 trillion in assets, but also has $600 billion owed to its own bondholders. From an ethical perspective, the lenders who took the risk to finance the activities of these companies are the ones that should directly bear the cost of the losses.” – John Hussman – May 2009
by F. William Engdahl, New Eastern Outlook:
The bizarre and escalating “trade war” being waged by Washington against the Chinese is not at all about balance of trade surpluses. The Chinese have apparently recently concluded this as well. It is about an all-out assault on China’s strategy to become an advanced, self-reliant economic leading economy, technologically on a par with the West, perhaps even more advanced. This is the basic content of the Xi Jinping Made in China:2025 national economic strategy.
The United States as the world’s dominant superpower will in no way allow this. Just as the British Empire set the stage for World War I to destroy the potential threat of a German superpower, now Washington confronts a Chinese economic colossus and weighs its options. This clash will likely get very ugly in coming months unless the US backs down, something at present unlikely.
by Wolf Richter, Wolf Street:
And with impeccable timing, an immense flood of new construction.
In Sydney, breeding ground for one of the world’s biggest housing bubbles, prices of single-family houses dropped 7.3% in August, compared to a year earlier. Prices of “units” — condos in US lingo — fell 2.2% year-over-year. Price declines were the sharpest at the high end, with prices down 8.1% in the most expensive quarter of home sales. Prices of all types of homes combined fell 5.6%, according to CoreLogic’s Daily Home Value Index. The index is down 5.8% from its peak last September:
by Ethan Huff, Natural News:
Pope Francis, head of the Roman Catholic empire, doesn’t want to acknowledge that countless Catholic clergy are pedophiles who rape little boys. He similarly refuses to acknowledge the recent purge that took place in Pennsylvania, resulting in some 300 child-raping Catholic priests being nabbed as active participants in a massive pedophile ring.