America

Authored by Michael Hudson and Paul Craig Roberts,

Mike Whitney has written an excellent expose of the “Russiagate” cover story for Obama’s political use of national security to help his party oppose Republicans. 

Covert surveillance of politicians on Obama’s Nixon-like “Enemies List” has been going on for many years, but is only now being unmasked as a result of the failure of Obama’s cover story–“We weren’t spying on political opponents; only on Russians to protect America.”

Authored by Michael Snyder via The Economic Collapse blog,

In 2008, subprime mortgages almost single-handedly took down the entire financial system, and now a new subprime crisis is here. 

While Jamie Dimon tried to maintain his traditionally optimistic outlook in his annual letter to shareholders, there was a distinct undertone of pessimism in the latest 45 page letter released earlier today, in which he writes that while the U.S. is "truly an exceptional country," probably stronger than ever before, he cautions that "something is wrong - and it's holding us back."

Here are the highlights from the gloomy passage reposted below in its entirety.

The Washington Post is out with a few more leaks today, this time purporting that Trump is set to impose two liberal wet dreams on the people, VAT and carbon taxes.

Continuous, aggressive innovation has been a key component of America's success since its founding over 200 years ago.  As such, the country's taxing authorities have historically gone to great lengths to encourage innovation through tax incentives, public private partnerships, etc.  That is, until now.

In a rather stunning Quartz interview a few weeks back, Bill Gates, who ironically made his fortune from innovation, proposed that automation should be taxed rather than incentivized.