Dick Cheney, Lindsey Graham and even George W Bush crawled out from under their stones to have a go at Donald Trump following his comments about 9/11 The GOP presidential front-runner accused former President George W. Bush of lying about the terror attacks in order to force the US into war in Iraq. “He sounds like a liberal Democrat to me,” Cheney told Fox News “He’s wrong, and I think he’s deliberately promoting those views in order to advance his own political interests.” Daily Kos reports: Lindsay Graham said that Trump sounded like Michael Moore. Just throwing that in there.

If you were looking for signs that US trade may be collapsing on itself, a good place to start would be Class 8 truck orders which, as we first documented in early December, have posted sharp y/y declines of late.

In November for instance, orders collapsed 59% y/y. In December, the drop was 37%, and in January, Class 8 orders dove 48% from the year ago period.

"[Central Banks] think they are smarter than the market," exclaims billionaire investor Jim Rogers, "they are not!"

Warning CNN in this brief but disturbing reality check that "we are all going to get hurt by a global recession," Rogers takes aim at the incompetence of the "academic and bureaucrats who don't know what they are doing," raging that "this is going to be a disaster in the end."

Rogers concludes:

Due up at 1635ET, President Obama holds his first post-Scalia press conference. We assume the propaganda du jour will be the imminent need to appoint a new SCOTUS justice... and why anyone who blocks that plan is "peddling fiction." While he is up there, we assume some comments regarding the escalations in Syria will be discussed... and why Russia (and Putin most clearly) are to blame.

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Submitted by Henry Hewitt via OilPrice.com,

After Peak Debt Comes Deflation

Paper money, ‘the Heaven-sent leaf’, is nothing new, but it has not always been held in high regard nor previously attained its unquestioned position as the lubricant of trade, financial markets and the road to wealth.