America

On the day Barack Obama is kowtowing to his Saudi allies, and just days after a senior Obama administration finally made the admission that has been a "conspiracy theory" for years namely that "a lot of the money, the seed money if you will, for what became Al Qaeda, came out of Saudi Arabia," the FT is out with another stunning revelation.

The FT has written an article that supposedly focuses on the US sources of growing diplomatic antipathy between the US and Saudi Arabia. The source of disagreement: the treatment of Iran.

Presenting an artist's impression of what your new $20 bill will soon look like.

It's official.

Moments ago Politico reported that the U.S. Treasury will announce that it plans to replace former President Andrew Jackson on the $20 bill with Harriet Tubman, the sources said. There will also be changes to the $5 bill to depict civil rights era leaders.

Authored by Paul Craig Roberts,

When Ronald Reagan turned his back on the neoconservatives, fired them, and had some of them prosecuted, his administration was free of their evil influence, and President Reagan negotiated the end of the Cold War with Soviet President Gorbachev. The military/security complex, the CIA, and the neocons were very much against ending the Cold War as their budgets, power, and ideology were threatened by the prospect of peace between the two nuclear superpowers.

Via EricPetersAutos.com,

We live in a lunatic asylum .. the lunatics being us.

A funny thing happened when US slapped a major tariff on China's steel exports... prices exploded higher. But the almost 50% surge in steel prices since mid-December back to 15-month highs have left traders equally split on what happens next.