United States

NPR Story Facilitates U.S. Apologetics for Saudi Extremism

While this may well be the most important week for capital markets in the past 9 years, when the Fed is widely expected to hike rates on Wednesday, precisely 7 years to the day since it cut rates to zero, the week sets off with a quiet start today with just the Euro area industrial production reading due out this morning and nothing expected out of the US this afternoon.

With the Fed's "imminent rate hike" announcement just three days away, the tremors not only continue but are getting bigger and more threatening with every passing day.

Authored by Paul Craig Roberts,

My warning that the neoconservatives have resurrected the threat of nuclear Armageddon, which was removed by Reagan and Gorbachev, is also being given by Noam Chomsky, former US Secretary of Defense William Perry, and other sentient observers of the neoconservatives’ aggressive policies toward Russia and China.

Excerpted from Stephen Walt's "The Unbearable Lightness of America’s War Against the Islamic State" originally published in FP

If Washington were really serious about defeating terrorism, it would have an entirely different playbook.

In the classic World War II novel The Caine Mutiny, author Herman Wouk quoted an “ancient adage” about the typical bureaucratic response to a crisis:

“When in danger or in doubt, Run in circles, scream and shout.”