America

From The Archive: MH-17

Paul Craig Roberts

Not long ago I wrote that every American institution, public and private, is corrupt. And every week Robert Parry’s reports prove the truth of my statement.

With all the problems facing America - both at home and abroad - The House Armed Services Committee decided on Wednesday to solve one of the nation's crucial "problems" - a "sexist draft."

As Military.com reports on Wednesday the committee approved (by a narrow margin) an amendment to a defense bill to require women to register for the draft.

Submitted by David Stockman via Contra Corner blog,

It’s all over except the shouting. That is, the primary election season effectively ended last night and now the actual shouting match between Hillary and The Donald begins.

This will surely be the most entertaining election in US history, and probably the most pointless, too. After all, Hillary wants to use government to make Government Great Again. And Trump promises to use government to make America Great Again.

It's official: as of today the bull market that has been mocked as fake, doomed and history’s most-hated just earned a new title: the second-longest ever. And it only took $14 trillion in central bank liquidity, a global, coordinated central bank "put", central banks purchases of Treasuries, MBS, ETFs and corporate bonds,  and nearly 700 rate cuts in the past 7 years to achieve it.

• Markets Get the Worst Kind of Kuroda Surprise as BOJ Stands Pat (BBG)
• Bank of Japan brushes aside calls for more easing despite price falls (WSJ)
• Ford Profit Surges to Record as Sales of SUVs, F-150 Gain Speed (BBG)
• Valeant Pharmaceuticals to Make Sweeping Changes to Board (WSJ)
• Trump breaks taboos, attacks Clinton on gender issue (Reuters)
• Donald Trump Mocks Cruz: ‘What’s He Doing Picking Vice Presidents? (WSJ)
• Wealthy, educated voters fuel Trump's East Coast sweep (Reuters)