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The Military/Security Complex Is Bankrupting America

The Military/Security Complex Is Bankrupting America

Corrupt politicians and neoliberal economists tell the lie that America cannot afford Medicare and Social Security. How then can America afford the $1.1 trillion annual military/secrity budget?

http://news.antiwar.com/2017/05/30/us-eyes-1-1-trillion-national-security-budget-for-2018/

The post The Military/Security Complex Is Bankrupting America appeared first on PaulCraigRoberts.org.

Obama Responds To Trump's Withdrawal From Paris Climate Agreement

With former president Barack Obama's climate legacy in tatters, moments ago the ex-president issued a scathing statement, slammed the Trump administration for "rejecting the future", and that "in the absence of American leadership", unlike the "steady, principled American leadership " under Obama, the former president urged "states, cities, and businesses" to "step up and do even more to lead the way, and help protect for future generations the one planet we've got."

Statement from President Barack Obama on the Paris Climate Agreement:

 

"Now The Pain Begins": S&P, Moodys Cut Illinois To Near Junk, Lowest Ever Rating For A U.S. State

"Now The Pain Begins": S&P, Moodys Cut Illinois To Near Junk, Lowest Ever Rating For A U.S. State

The monetary problems plaguing the state of Illinois (not to mention its public pensions) have been widely documented here over the past few years, and today the rating agencies finally noticed, when in the span of a few hours, first S&P, then Moody's downgraded Illinois to BB+/Baa3, respectively, both just one notch above junk, the lowest rating ever given to a U.S. state, as both agencies cited a long-running political stalemate over a budget shows no signs of ending.

Mattis: US To "Annihilate" Islamic State Caliphate, Civilian Casualties A "Fact Of Life"

Mattis: US To "Annihilate" Islamic State Caliphate, Civilian Casualties A "Fact Of Life"

Authored by Mike Shedlock via MishTalk.com,

US Defense Secretary James Mattis announced plans on Sunday to ‘Take Apart’ Islamic State Caliphate. Civilian casualties do not matter one bit.

The fight against Islamic State has shifted to “annihilation tactics” to stop potential terrorists who’ve flocked to places such as Iraq and Syria from returning to their home countries to wreak havoc, Defense Secretary James Mattis said Sunday.

 

Soros: The European Union Is Now In An "Existential Crisis" And Trump's America Is A "Hostile Power"

Commenting on the current state of the European experiment, George Soros warned the European Union has plunged it into an existential crisis as a result of "dysfunctional" institutions and austerity mandates, and will require the bloc to reinvent itself to survive. Speaking at the Brussels Economic Forum, the billionaire investor said the EU had "lost its momentum" as he urged policymakers to abandon hopes of "ever closer union" driven by a top-down approach from Brussels, a statement which will likely displease Germany.

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