- “May you live in interesting times,” says the ancient Chinese curse. No doubt about it, we live in interesting times. Hardly a day goes by that we’re not aghast and astounded by a series of grotesque caricatures of the world as at devolves towards vulgarity. Just this week, for instance, U.S. Representative Maxine Waters tweeted, “Get ready for impeachment.
- Well, Maxine Waters is obviously right – impeaching the president is an urgent task of the utmost importance. As everybody knows, he is best friends with Vladimir Putin, the shirtless barbarian who rules the Evil Russian Empire (they were seen drinking kompromat together in Moscow, a vile Russian liquor that reportedly tastes a bit like urine. Senator McCain has the details on that story). And as Maxine Waters has just disclosed, Putin’s armies are recently advancing into Korea! We cannot let this stand, or he’ll invade Kekistan next (note that he already controls Limpopo and Gabon). Who knows where it will end?
Read more at:America’s March To Default
- Like an old vinyl record with a well-worn groove, the needle skipping merrily back to the same track over and over again, we repeat: Today’s markets are dangerously overpriced.
- Being market fundamentalists who don’t believe it’s possible to simply print prosperity out of thin air, we’ve been deeply skeptical of the financial markets ever since the central banks began their highly interventionist policies.
- Since 2009, they have unleashed over $12 Trillion in new money into the world, concentrating wealth into the hands of an elite few, while blowing asset price bubbles everywhere in the process (see our recent report The Mother Of All Financial Bubbles).
- Our consistent view is that price bubbles always burst. Which is why we predict the world’s financial markets will implode spectacularly from today’s heights — destroying jobs, dreams, hopes, economies and political careers alike.
Read more at:Chris Martenson: “Why This Market Needs To Crash (And Likely Will)”
- In yesterday’s post, Credibility of Cyber Firm that Claimed Russia Hacked the DNC Comes Under Serious Question, I examined how CrowdStrike, the cybersecurity firm hired by the DNC to look into its hacking breach, had been exposed as being completely wrong about a separate attack it claimed originated from the same group it claimed broke into DNC systems, and supposedly works for Russia’s military intelligence unit, GRU. Here’s some of what we learned:
- An influential British think tank and Ukraine’s military are disputing a report that the U.S. cybersecurity firm CrowdStrike has used to buttress its claims of Russianhacking in the presidential election.
- The CrowdStrike report, released in December, asserted that Russians hacked into a Ukrainian artillery app, resulting in heavy losses of howitzers in Ukraine’s war with Russian-backed separatists.
Read more at:What Is CrowdStrike? Firm Hired By DNC Has Ties To Hillary Clinton, A Ukrainian Billionaire, And Google
- Last night we highlighted a Fox News story which suggested that Devin Nunes expected the NSA to deliver a “smoking gun” which would prove that the Obama administration spied on the Trump transition team, and possibly the president-elect himself, as early as today.
- Moments ago, Nunes fanned that speculation by holding an impromptu press conference announcing that he’ll call both FBI Director Comey and NSA Director Rogers before a closed session of the House Intelligence Committee to discuss topics which “they couldn’t answer in a public setting.”
- And some early takeaways:
- “There are just questions that we have for Dir. Comey and Adm. Rogers probably that they couldn’t answer in a public setting.”
- Nunes also revealed that President Trump’s former campaign manager, Paul Manafort, has volunteered to testify before the House Intelligence Committee on his alleged connections to Russia.
Read more at:Nunes Calls Comey, Rogers For “Closed Session” After Finding “Concerning Info” In Intel Reports
- Yesterday, Republican Devin Nunez Nunes held an explosive press conference outside the White House in which he told reporters that communications from the Trump team were picked up and disseminated within the government during the 2016 campaign.
- Not surprisingly, the comments ruffled some liberal feathers and the mainstream media launched an immediate smear campaign calling for Nunes to resign his post immediately.
- Now, according to Fox News sources, congressional investigators expect that a potential “smoking gun” from the NSA establishing that the Obama administration spied on the Trump transition team, and possibly the president-elect himself, will be produced to the House Intelligence Committee as early as tomorrow.
Read more at:NSA To Provide “Smoking Gun” Proof Obama Spied On Trump
- If we understand the profound political disunity fracturing the nation and its Imperial Project, we understand the Deep State must also fracture along the same fault lines.
- I’ve been writing about the divided Deep State for a number of years, most recently in The Conflict within the Deep State Just Broke into Open Warfare. The topic appears to be one of widespread interest, as this essay drew over 300,000 views.
- It’s impossible to understand the divided Deep State unless we situate it in the larger context of profound political disunity, a concept I learned from historian Michael Grant, whose slim but insightful volume The Fall of the Roman Empire I have been recommending since 2009.
- As I noted in my 2009 book Survival+, this was a key feature of the Roman Empire in its final slide to collapse. The shared values and consensus which had held the Empire’s core together dissolved, leaving petty fiefdoms to war among themselves for what power and swag remained.
Read more at:The Divided Deep State Is A Symptom, Not The Disease
- On one side of the Atlantic, we have the United States of America, which triggered yet another debt ceiling disaster last Thursday when the US government’s maximum allowable debt reset to just over $20 trillion.
- Of course, the US national debt is pretty much already at $20 trillion.
- (That’s roughly $166,000 per taxpayer in the Land of the Free.)
- 9 Years Later… Greece Is Still In A Debt Crisis!This means that Uncle Sam is legally prohibited from ‘officially’ borrowing any more money.
- But far be it from the US government to start living within its means. Sacrilege!
- These guys have zero chance of making ends meet without going into debt.
- Just last year, according to the government’s own financial report, their annual net loss totaled $1 TRILLION, and the national debt increased by $1.4 trillion.
- And that was in a relatively stable year. There was no major war or financial crisis to fight. It was just business as usual.
Read more at:9 Years Later… Greece Is Still In A Debt Crisis!