Thursday, June 22, 2017

We Are Inches From A New World War, And Clintonists Are To Blame













by Caitlin Johnstone






















This is your fault, Clinton Democrats. You created this, and if our species is plunged into a new world war or extinction via nuclear holocaust, it will be your fault. You knuckle-dragging, vagina hat-wearing McCarthyite morons made this happen.

American military provocations against the pro-Assad coalition in Syria are fast becoming a daily occurrence. In response to the US air force’s gunning down of a Syrian military plane on Sunday, Russia has cut off its hotline with which it was coordinating operations with America to avoid aerial collisions, and has warned that all US aircraft west of the Euphrates river will now be tracked and treated as potential targets. Today, 25 miles northwest of the Russian enclave of Kaliningrad, a US reconnaissance plane was intercepted by an armed Russian aircraft which came within five feet of the plane’s wingtip. This on the same day that the US shot down yet another Iranian military drone in Syria.

Clintonists have been working tirelessly since the election to manufacture these new Cold War tensions. Stephen Cohen, easily America’s foremost authority on US-Russia relations, has warned again and again that the political pressures being placed on the Trump administration to maintain escalations with Russia without conceding an inch has placed our species in a situation that is in some ways even more dangerous than those we faced at the height of the Cuban Missile Crisis. If Kennedy had had to negotiate that crisis while being pressured by his entire country to keep escalating tensions with the USSR without yielding an inch, there is no way any terrestrial life would have existed beyond 1962. The Clintonists (along with their neocon buddies on the other side of the aisle) are responsible for creating those pressures.

“You know it’s easy to joke about this, except that we’re at maybe the most dangerous moment in US-Russian relations in my lifetime, and maybe ever. And the reason is that we’re in a new cold war, by whatever name. We have three cold war fronts that are fraught with the possibility of hot war, in the Baltic region where NATO is carrying out an unprecedented military buildup on Russia’s border, in Ukraine where there is a civil and proxy war between Russia and the west, and of course in Syria, where Russian aircraft and American warplanes are flying in the same territory. Anything could happen.”
~ Stephen Cohen

It wasn’t enough for these Democratic neocons to try and elect a woman who had been pushing for dangerous escalations with Russia since long before any hacking allegations and who campaigned on a promise to invade Syria and seize control of an airspace wherein Russian military planes were conducting operations. No, once their initial bid to start World War 3 failed, these deranged death cultists began attacking Trump for any movement away from escalations with Russia or regime change in Syria and showering him with praise when he launched a missile strike against a Syrian airbase. The current administration is culpable for its own actions and should be unequivocally condemned for bowing to these pressures instead of honoring Trump’s campaign promises of pursuing detente with Russia and avoiding regime change in Syria, but if Clintonists had been pushing for peace instead of war this entire time the situation would doubtless look very, very different.

War cannot happen without the consent of the governed, which is why the corporate media works so very hard to manufacture that consent. The brazen Russophobia and relentless lies about the Syrian government which have been saturating establishment media airwaves have gone a long way toward accomplishing this, but it wouldn’t have worked without the direct cooperation of these idiotic vagina hat-wearing McResistance Maddow muppets. If these idiots had learned the lesson of Iraq instead of picking up the establishment narrative and not just running with it but holding actual parades for it, the warmongering would have fallen flat and we’d be seeing an intensely critical response toward any aggressive moves the Trump administration makes against Russia, Syria and Iran. Instead, these psychotic death cultists are still babbling about Russia collusion and attacking Jill Stein.

Meanwhile we’re on the brink of World War Three (suggested slogan: “Just like the first two but this time with nukes!”) and any dissent for these insane, immoral, illegal escalations has been shamed into silence as Trump lovin’, Putin kissin’, Russian propaganda. The anti-war movement was effectively choked off through media psy-ops, but now that the neocons have gotten their way, the McResistance will be permitted to have some vague semblance of anti-war sentiment as long as it doesn’t interrupt proceedings in any real or ongoing way. Expect the vagina hats to make some state-approved anti-war noises through their permanently pursed-lips which will effectively buffer them against the charge that they have been cheering for this the whole time when they totally have. But when even Neera Tanden can’t work out who the best person to blame is as evidenced by the collapse and eventual quiet deletion of her instinctually sub-optimal “Good job Jill Stein” tweet, this promises to be a confusing time for the artificially outraged. We will need at least eleven Steve Colberts to tell us how to think and who to hate because the news churn is about to flip us on our heads again.

It doesn’t matter though. They got their way anyway, they Iraq’d us while Iraq is not even a generation ago. Exact same methods, exact same bullshit psy-ops, but it all worked as planned. Golf clap to the bastards behind the curtain; I have to give it to you, you assholes really know how to put on a show. The xenophobic demagoguery against Russia reaches fever-pitch, and in the same week that one of Rachel Maddow’s biggest fans shot some politicians for some conspiracy-theory-fuelled vigilante justice, the completely fact-free, faith-based, fake-news conspiracy theory is about to get its biggest scalp ever — world war.


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100% Chance of Recession Within 7 Months?



















https://dailyreckoning.com/100-chance-recession-within-7-months/



by Bryan Maher












We asked this question one week after Trump was elected:

“What does history predict for the Trump presidency?”

The answer we furnished — based on over a century of data — was this:

A 100% chance of recession within his first year.

Not a 90% chance, that is. Not even a 99% chance. But a 100% chance of recession.

That answer came by way of a certain Raoul Pal. He used to captain one of the largest hedge funds in the world.

And to prove his case he called the unimpeachable witness of history to the stand…

Crunching 107 years worth of data, he showed the U.S. economy enters or is in a recession every time a two-term president vacates the throne:

Since 1910, the U.S. economy is either in recession or enters a recession within 12 months in every single instance at the end of a two-term presidency… effecting a 100% chance of recession for the new president.

Obama was a two-term president — if memory serves.

Only two incoming presidents were not treated to a recession within the first year of office. And both followed one-term reigns:

Not every single election sees a recession, only every two-term incumbent change… Only two presidents in history did not see a recession, and they were inaugurated after single-term presidents.

Mr. Pal couldn’t fully explain the phenomenon.

Maybe it takes two terms for presidential mischief to work its way into the economic machinery.

One-term presidents just can’t heave enough sand in the gears.

Regardless of the reason, this fellow’s research pointed him to one conclusion:

“It is not a coincidence.”

Trump’s now five months into his first 12. Where does the prediction stand?

By grace of God or Janet Yellen or neither or both, no recession yet.

But our pessimistic side reminds us that seven months remain. And anxiety riles the deeps of our being…

For we’ve spotted ill omens… disturbing portents of recession among the recent economic data…

Old Daily Reckoning hand Wolf Richter:

Over the past five decades, each time commercial and industrial loan balances at U.S. banks shrank or stalled… a recession was either already in progress or would start soon. There has been no exception since the 1960s. Last time this happened was during the financial crisis.

“Now,” Wolf says, “it’s happening again.”

Last month commercial and industrial loans (C&I) outstanding fell to $2.095 trillion, according to the St. Louis Fed. That’s down 4.5% from their November 2016 peak, says Wolf.

And it marked the 30th consecutive week of no growth in C&I loans.

Wolf argues C&I loans matter because they directly reflect the real economy — unlike today’s stock market, which is crooked as a Brit’s teeth. 


 



Tuomas Maln is CEO of GnS Economics. He argues that today’s credit flows of commercial and industrial loans have not been this negative for 27 years… outside a recession anyway.

Sometimes credit flows turn negative before a recession, he notes. And sometimes after.

During the 2008 crisis for example, Malinen notes that credit flows didn’t veer negative until the economy already entered recession.

But before the shorter recessions of 1990 and 2001, he says credit flows started falling three–six quarters before the recession.

Overall though, Malinen says the relationship between negative credit flows and recessions holds true since 1948.

And here’s where the needle scratches the wax:

The current decline in the credit impulse started in the third quarter last year. Thus, the U.S. economy may be just one–two quarters away from a recession.

Is the economy just one or two quarters away from recession?

That would put it within Trump’s first year in office — and keep the 107-year record perfect.

First-quarter GDP grew at a slender 1.2% annualized rate. Not recessionary — but growth at a tortoise pace.

In March the New York Fed guessed (that seems to be just the right word here) that second-quarter GDP would bloom just under 3%.

But last week it had to downgrade its forecast… to a mere 1.9%.

We wouldn’t be the least surprised if they have to downgrade it again. That seems to be the pattern.

Heaping Pelion upon Ossa, they’re now projecting total 2017 growth at a dangerously underweight 1.5%.

The economy only expanded 1.6% last year.

And since they keep having to revise their forecasts lower… would you be surprised if the economy doesn’t grow at all this year?

Or worse, if it actually enters recession?

Remember, 107 years of history say it will…



















Randy Bryce should replace Paul Ryan












We have met the man who is going to defeat Paul Ryan next year, and he's an ironworker and a veteran from southeast Wisconsin named Randy Bryce.

Randy announced his intention to run earlier this week with a video that is burning up the internet right now -- easily the campaign ad of the year. Like Randy Bryce says in the ad, he's the best choice to represent this congressional district because he is a working person. He's also an Army veteran, and we're proud to stand with him.

Paul Ryan has literally led the fight to repeal Obamacare for 23 million Americans. He is moving on to a massive tax cut for the richest among us -- huge sums of money for the nation's financial elite, scraps for working families. He is dangerous, but if we stand with Randy, we can beat him.

























Let's Trade Places





https://www.youtube.com/watch?v=F6zAyPRbels





























Explosion at Brussels Central Station was a foiled 'terrorist attack'



https://www.youtube.com/watch?v=ymbKmW8lRqE&list=TLGGUO8JD9ty1z8yMTA2MjAxNw