Last night I listened to this hourlong talk, with Q&A, by Andrew Bacevich, about his new book America’s War For The Greater Middle East: A Military History. It’s worth your time. Here, in a Politico essay from earlier this month, Bacevich lays out his thesis. Excerpt:
Submitted by Jim Quinn via The Burning Platform blog,
The chart below would appear to be in conflict with the results of a recent Gallup poll regarding stock ownership by Americans. The ratio of household equities to money market fund assets is near a record high, 60% above the 2007 high and 30% above the 1999 internet bubble high. The chart would appear to prove irrational exuberance among the general populace.
In the bottom of the 9th, with two out and the bases loaded, Ted Cruz and John Kasich are attempting one final maneuver to stop Donald Trump from getting the GOP nomination.
As the WSJ reports, top officials from both the John Kasich and Ted Cruz campaigns have announced that the candidates have formed an alliance, and will work together during the remaining primaries in order to make sure Donald Trump doesn't have enough delegates to win the nomination outright before the convention in July.
by Ron Paul
For decades the US and Saudi Arabia have shared a peculiar relationship: the Saudis sell relatively cheap oil to the United States for which they accept our fiat currency. They then recycle those paper dollars into the US military-industrial complex through the purchase of billions of dollars worth of military equipment, and the US guarantees the security of the Saudi monarchy.
In no place in America are the abrupt changes in the nation’s security posture so keenly reflected in real estate and lifestyle than the Washington, D.C. metropolitan area. In the decade after 9/11, it has grown into a sprawling, pretentious representation of the federal government’s growth, vices and prosperity, encompassing the wealthiest counties, the best schools, and some of the highest rates of income inequality in the country.