If The Chinese Were Upset Before, Now They Are Going To Be Absolutely Furious After Trump’s Latest Move – End Of The American Dream – Michael Snyder

May 16, 2019 by · Leave a Comment 

President Trump is doubling down on his tough approach with China, and apparently he has decided that now is the time to cripple their most important tech company. Huawei Technologies sells more telecommunications equipment than anyone else in the entire world, and it was anticipated that they would be one of the global leaders in the rollout of 5G networks all over the planet. The company ranks 72nd on the Fortune Global 500 list, and at this point they sell more phones than Apple does. Essentially, Huawei is China’s version of Apple, and the company is greatly loved by the communist government in China. So if President Trump really wanted to piss off China, taking a sledgehammer to Huawei would be a great way to do it, and that is precisely what he just did.

On Wednesday, Trump’s Commerce Department officially added Huawei to their “Entity List”…

The U.S. Commerce Department said on Wednesday it is adding Huawei Technologies Co Ltd and 70 affiliates to its so-called “Entity List” – a move that bans the telecom giant from buying parts and components from U.S. companies without U.S. government approval.

Source: If The Chinese Were Upset Before, Now They Are Going To Be Absolutely Furious After Trump’s Latest Move – End Of The American Dream

The Tariff Issue – PaulCraigRoberts.org

May 15, 2019 by · Leave a Comment 

Americans, as they always do, got sold a bill of goods called “globalism.”  Globalism is the deception used to destroy labor unions, deprive the American work force of middle class jobs, and strip them of their bargaining power.  It is also the deception used by transnational agri-business to drive self-sufficient third world peoples off their land and convert the country’s agriculture into the production of a mono-crop export commodity.

The evil done by globalism has taken a toll on both first and third worlds.  It is entirely the result of first world capitalist profit-maximizing.  It has nothing to do with China.  

China is being blamed not because its industry produces cheaper than our industry, but as a scapegoat to hide from view the fact that US global corporations alone are the cause of the lost American jobs.  

Source: The Tariff Issue – PaulCraigRoberts.org

Tariffs: The Taxes That Made America Great | Patrick J. Buchanan – Official Website

May 14, 2019 by · Leave a Comment 

That the Smoot-Hawley Tariff caused the Depression of the 1930s is a New Deal myth in which America’s schoolchildren have been indoctrinated for decades. The Depression began with the crash of the stock market in 1929, nine months before Smoot-Hawley became law. The real villain: The Federal Reserve…

As his limo carried him to work at the White House Monday, Larry Kudlow could not have been pleased with the headline in The Washington Post: “Kudlow Contradicts Trump on Tariffs.”

The story began: “National Economic Council Director Lawrence Kudlow acknowledged Sunday that American consumers end up paying for the administration’s tariffs on Chinese imports, contradicting President Trump’s repeated inaccurate claim that the Chinese foot the bill.”

Source: Tariffs: The Taxes That Made America Great | Patrick J. Buchanan – Official Website

And So It Begins: Iran Blamed For Attack On Saudi Oil Tankers – Pentagon Plan Would Send “120,000 Troops To The Middle East” – End of the American Dream – Michael Snyder

May 14, 2019 by · Leave a Comment 

Soldiers from E Btry., 1st Battalion, 44th ADA Regt., huddle together for some uplifting words before leaving their families at Kieschnick Gym Feb. 1 at Fort Hood. About 30 Soldiers from E Btry., 1-44 ADA, are deploying along with III Corps to Baghdad, Iraq.

As if on cue, a mysterious attack on oil tankers near the Strait of Hormuz has brought us to the brink of an apocalyptic war in the Middle East.  On Sunday, four commercial vessels in the Persian Gulf, including two Saudi oil tankers, were seriously damaged in deeply disturbing “sabotage attacks” that immediately sent shockwaves across the entire Middle East.  Nobody took responsibility for the attacks, and at first nobody was being blamed, but now an “initial U.S. assessment” is pointing a finger at Iran.  The following comes from the Wall Street Journal

Source: And So It Begins: Iran Blamed For Attack On Saudi Oil Tankers – Pentagon Plan Would Send “120,000 Troops To The Middle East” – End Of The American Dream

Federal Reserve Vetoes Cain and Moore

May 7, 2019 by · Leave a Comment 

If you ever had doubts just who is squarely in charge of the finances for the debt created U.S. Dollar currency, the nixing of Herman Cain and Stephen Moore for the Federal Reserve Board confirms that the Banksters are the real power. The Shadow Government is truly the elitists behind monetary hegemony that rules over government and economic policies. The institutions that shape and direct the financial dynasty of the reserve currency is outside the realm of Presidential compliance. Donald Trump has just experienced the push back from the Jackals of Jekyll Island.    

Read the entire article on the Merchantry archives

2 Aircraft Carriers Have Left Port – Are The USS Eisenhower And The USS Roosevelt Headed South Toward Venezuela? – Michael Snyder

May 1, 2019 by · Leave a Comment 

Juan Guaido has initiated a violent uprising in an attempt to overthrow Nicolas Maduro, and it appears that the U.S. may be preparing to intervene in the conflict militarily.  The USNI News Fleet and Marine Tracker accurately tracks the current positions of U.S. naval assets, and according to them the USS Dwight D. Eisenhower has left port on the east coast and the USS Theodore Roosevelt has left port on the west coast.  In both cases, each aircraft carrier was originally slated for “training” exercises, but now there is lots of speculation that they are both steaming south toward Venezuela.  Since there has been no official confirmation from Washington, let me stress that once again that any talk about the potential destination of these carriers is just speculation.  But considering what is taking place in Venezuela at this moment, it certainly would not surprise anyone if the waters off Venezuela is precisely where they are heading.

Earlier today, the Intel_Radar Twitter account created quite a stir with a series of seven tweets

Source: 2 Aircraft Carriers Have Left Port – Are The USS Eisenhower And The USS Roosevelt Headed South Toward Venezuela?

Wealth Destruction for the 99.9 Percent

April 29, 2019 by · Leave a Comment 

Blaming the 1% for diminished prosperity avoids the real reasons for designed poverty. In round terms, the seven billion souls that populate this planet translate into seventy million to be part of the 1%. Well, that amount is still a very large number to blame for the systemic transfer of riches into the hands of the few. A far more relevant approach is to examine the .001% or around seven million that fall into the mover or shakers of asset and possessions. Before targeting this group of mega wealth, that figure includes a very significant number, who are non players when it comes to global politics or transnational finance.      

Read the entire article on the Totalitarian Collectivism archives

Vital: Google employees call for removal of rightwing thinktank leader from AI council | Veterans Today | Military Foreign Affairs Policy Journal for Clandestine Services

April 2, 2019 by · Leave a Comment 

A group of Google employees have called for the removal of a rightwing think tank leader from the company’s new artificial intelligence council, citing her anti-LGBT and anti-immigrant record.

‘Bias deep inside the code’: the problem with AI ‘ethics’ in Silicon Valley

Employees published a letter on Monday criticizing the appointment of Kay Coles James, president of the Heritage Foundation, to Google’s newly formed advisory council for “the responsible development of AI”.

Source: Vital: Google employees call for removal of rightwing thinktank leader from AI council | Veterans Today | Military Foreign Affairs Policy Journal for Clandestine Services

Asia Times | Boeing misstep a strategic opportunity for US | Article – SPENGLER

March 14, 2019 by · Leave a Comment 

I didn’t say that Boeing is arrogant. I said they have their noses in the air.

Jokes aside, l’Affaire Boeing is a watershed. President Trump is under pressure to circle the wagons around one of America’s flagship industrial companies, among other reasons because China will exploit the crisis to promote its new entry into the civil aircraft market. He should ignore the legions of industry lobbyists and their Hallelujah chorus at the Pentagon, and take the opportunity to clean out the swamp in America’s military industry.

By now the whole world knows what pilots and aerospace engineers have known all along: Boeing stuck big modern engines on a 1950s airframe design, which made the 737 Max inherently unstable, with a tendency to go nose up and stall. It used a software kluge to compensate but didn’t retrain pilots in the new aircraft in order to speed sales.

Source: Asia Times | Boeing misstep a strategic opportunity for US | Article

Is This Legal? Official Copies Of The Mueller Report Are Being Sold Online, And The Release Date Listed Is “March 26” – End Of The American Dream – Michael Snyder

March 5, 2019 by · Leave a Comment 

Can this possibly be legal?  Somebody apparently thinks so, because copies of the Mueller report are being offered for sale online right now, and according to the pre-order announcement the release date is going to be “March 26”.  As a former attorney, I have no idea how anyone can legally do this.  As I have documented previously, when Mueller is done with his report he is supposed to submit it to Attorney General William Barr, and then it will be up to Barr to determine how much of the report, if any, will be made available to the public.  I suppose that it is possible that Barr has already agreed to release the full report to the public at the end of this month, but I find it difficult to believe that it would have been kept so quiet.  To me, something is not right about all of this.

Earlier today, I was shocked to hear that the Mueller Report was being offered for sale online, and so I decided to check it out for myself.

And sure enough, you can find it listed on Amazon.com for $9.37 right here.  “Robert S. Mueller III” is listed as an author, “Special Counsel’s Office U.S. Department of Justice” is listed as an author, and the listing tells us that the introduction will be written by attorney Alan Dershowitz.

Source: Is This Legal? Official Copies Of The Mueller Report Are Being Sold Online, And The Release Date Listed Is “March 26” – End Of The American Dream

UK Furious After EU’s Tusk Says There Is “A Special Place In Hell” For Those Who Backed Brexit | Zero Hedge

February 6, 2019 by · Leave a Comment 

In a remark that provoked an outraged response in the British press, European Council President Donald Tusk lashed out at Brexiteers in Parliament (and all those who supported the ‘vote Leave’ campaign, saying he wonders what the “special place in hell” looks like for all those “who promoted Brexit” without “even the sketch of a plan” to see it through “safely”, according to RT.

Tusk uttered the remark during a press conference in Brussels alongside Irish Prime Minister Leo Varadkar, where Tusk reiterated the EU’s position that the Withdrawal Agreement will not be reopened, and said that he hopes Theresa May, who is expected to travel to Brussels later this week, comes with “realistic” expectations.

Source: UK Furious After EU’s Tusk Says There Is “A Special Place In Hell” For Those Who Backed Brexit | Zero Hedge

David Stockman: “NATO Is Obsolete; We Should Get Rid Of It” | Zero Hedge

January 24, 2019 by · Leave a Comment 

MSNBC’s Morning Joe host Mika Brzezinski seemed taken aback when economics and politics writer David Stockman told her in a Monday interview:

“NATO is obsolete; we should get rid of it.”

Brzezinski followed up, asking, “are you saying that we should pull out of NATO?”

“Sure,” replied Stockman, a former United States House of Representatives member.

He then provided a rundown of some of his reasoning:

Source: David Stockman: “NATO Is Obsolete; We Should Get Rid Of It” | Zero Hedge

The New Gray Lady – Comfort Woman for the War Party – Antiwar.com Original – David Stockman

January 16, 2019 by · Leave a Comment 

The Donald has been on a red hot twitter rampage, and he’s completely justified. Actually, we didn’t think the Russian Collusion Hoax could get any stupider until we saw the New York Times‘ Friday evening bushwhack.

The trio of authors, apparently self-tortured victims of the Trump Derangement Syndrome, actually had the gall to print a story in the once and former Gray Lady of journalistic rectitude which was nothing more than an ugly smear on the sitting President of the United States – one that would have done Joe McCarthy proud:

Source: The New Gray Lady – Comfort Woman for the War Party – Antiwar.com Original

Good Riddance to General Mattis and the Rest of Washington’s Mad Dogs of War – Antiwar.com Original – David Stockman

December 26, 2018 by · Leave a Comment 

From the wailing and gnashing of teeth among the mainstream media and officialdom over General Mattis’ (welcome) departure, you would think that the Rapture had come and Washington’s ruling class was being unjustly left behind to eternal perdition. And if not that, then the Mattis Affair is alleged to be at least its secular equivalent – an unwarranted and unforgivable affront to the good and the brave of the Imperial City.

Then again, exactly what was so existentially harmful to America’s security about Trump’s decision to get out of Syria – the apparent reason for Mattis’ ballyhooed resignation?

The fact is, you can’t find a trace of threat to America on the map. Syria is now a tiny, broken country of ruin and rubble with a vastly diminished religiously and ethnically fractured population of 18 million; GDP of barely $60 billion; per capita income of only $3,000; a trickle of oil production (25k barrel/day); and a depleted and battle-ravaged military that cannot possibly operate outside of its own borders and barely controls the lands inside them.

Source: Good Riddance to General Mattis and the Rest of Washington’s Mad Dogs of War – Antiwar.com Original

The Psychological Bubble That Has Been Propping Up The U.S. Economy Is Starting To Implode

December 4, 2018 by · Leave a Comment 

 

Optimism can be a very powerful thing.  For a long time Americans believed that things would get better, and that caused them to take action to make things better, and that actually resulted in things moving in a positive direction.  But now things have abruptly shifted.  In late 2018, an increasing number of Americans believe that an economic downturn is coming, and they are taking actions consistent with that belief.  As a result, they are actually helping to produce the result that they fear.  And without a doubt, any rational person should be able to see that signs that the U.S. economy is slowing down are all around us.  So it isn’t as if those that are preparing for the worst are being irrational.  It is just that when large numbers of people all start to move in the same direction, it has a very powerful effect.  We witnessed this in the stock market in recent years when people just kept buying stocks even though they were massively overvalued.  The collective belief that there was money to be made in the stock market became a self-fulfilling prophecy which pushed stock prices up to absurd heights.  But now that process is beginning to reverse as well, and ultimately the unwinding of that bubble will be quite painful.

Source: The Psychological Bubble That Has Been Propping Up The U.S. Economy Is Starting To Implode

All The FANG Stocks Are Now In A Bear Market And Facebook Investors Have Already Lost 39 Percent Of Their Paper Wealth

November 20, 2018 by · Leave a Comment 

These large stock market declines are starting to become a regular thing, and tech stocks are getting hit particularly hard.  But we have been in a bull market for such a long time that many investors are having a difficult time comprehending what is happening.  Many just keep believing that their beloved tech stocks will eventually bounce back because they just can’t accept the fact that the party is over.  At this point, all of the “FANG stocks” have officially entered bear market territory.  Facebook is down 39.5 percent from their 52 week high, Amazon is down 25.4 percent, Netflix is down 35.6 percent and Google is down 20.3 percent.  And since many throw in Apple to make the acronym “FAANG”, we should also note that Apple’s stock price is now down more than 20 percent from the peak.  The tech stock crash that so many have been waiting for has arrived, and many analysts believe that it is going to get a whole lot worse.

The combined market value of Facebook, Amazon, Netflix and Google has fallen by 610 billion dollars so far.

Source: All The FANG Stocks Are Now In A Bear Market And Facebook Investors Have Already Lost 39 Percent Of Their Paper Wealth

U.S.-Mexico-Canada Trade Agreement

October 3, 2018 by · Leave a Comment 

Now that the most disastrous aspects of NAFTA have been removed from the new U.S. Mexico Canada Agreement; traders, business managers and the public will get to see the true sentiments of the globalists, who will feel the pain of losing their special commercial protections. Restricting genuine free trade has always been the main objective of the corporatists and internationalists. The basic question: has President Trump bucked the financial monopolists and transformed commerce with a dose of business reciprocity or is USMCA just a back door to establish a North American Union?

Read the entire article on the Merchantry archives

G7 Globalist Fear Trump Trade Reset

June 12, 2018 by · Leave a Comment 

President Trump has announced that the U.S. piggy bank will no longer subsidize or be sucked dry to finance a pack of ungrateful allies. Keeping the Socialist EU afloat and putting up with backstabbers like Canada or allowing Japan to roll up massive trade surpluses must stop. The latest rumblings out of the UK are that all efforts are working overtime to nix the will of the Brit public from the Brexit vote. As for corporatists within the United States, the bulwark of opposition to Trump’s push to demand reciprocal treatment from “so called” trading partners means an end to the gravy train of plundering American workers and ripping off a viable domestic economy.

Read the entire article on the Merchantry arxhives

Government Required Business Licenses

May 22, 2018 by · Leave a Comment 

What is the justification for government to require that business licenses are necessary to do business? While, when one dares to demand an answer to this basic question, you know a lawyer will step in to impose their viewpoint on the masses. According to LegalZoomLicenses are required for three main purposes:

  1. To identify your business and make sure you are accountable for your actions
  2. To protect the public health and safety
  3. To keep track of your finances for tax purposes

Read the entire article on the Merchantry archives

Why the Empire Never Sleeps: War Finance Made Easy, Part 3 – Antiwar.com Original

May 19, 2018 by · Leave a Comment 

Woodrow Wilson’s Folly gave rise to more than the 1,000 year flood of Nazi and Soviet totalitarianism and their state orchestrated campaigns of mass murder.

It also opened the door to massive, cheap war finance. And that baleful innovation has sustained the Empire long after Hitler and Stalin met their maker and the case for the Indispensable Nation had become ragged and threadbare.

In the context of American democracy – special interest dominated as it is – the greatest deterrents to imperial adventurism and war are the draft and taxes. Both bring home to the middle class voting public the cost of war in blood and treasure (theirs), and force politicians to justify the same in terms of tangible and compelling benefits to homeland security.

Source: Why the Empire Never Sleeps: War Finance Made Easy, Part 3 – Antiwar.com Original

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