Authored by Cathal Haughian via TheSaker.ie,
It has been our undertaking, since 2010, to chronicle our understanding of capitalism via our book The Philosophy of Capitalism. We were curious as to the underlying nature of the system which endows us, the owners of capital, with so many favours. The Saker has asked me to explain our somewhat crude statement ‘Capitalism Requires World War’.
Submitted by Charles Hugh-Smith of OfTwoMinds blog,
Could it be that America's ruling classes, its Imperial state and the Federal Reserve, no longer rule their own destiny?
America's smug ruling classes are supremely confident: they feel no fear, no caution, and exhibit no prudence.
I outlined the five ruling classes in America's Nine Classes: The New Class Hierarchy.
While the market has had its share of bogeymen to worry about so far in 2016, mostly along the lines of the "Four Cs", namely China, Crude, Credit and Currencies, it has so far largely ignored one letter: the Big D, for Donald, as in how would a Trump presidency affect the market. And, as Reuters writes, it is time for Wall Street to add "the juggernaut that is Donald J. Trump to the list of what-ifs that is worrying Wall Street."
Submitted by Michael Snyder via The End of The American Dream blog,
113 documents originally seized from bin Laden’s Pakistani hideout are now available to the public on the Office of the Director of National Intelligence’s website after being declassified and translated. These newly released documents reveal Osama’s handwritten will for his $29m fortune and personal correspondences, including his concerns over the environment. Osama bin Laden gave a detailed analysis in the wake of the 2008 financial crisis.