America

As we previewed and was widely expected, President Trump has just signed 3 executive orders: one officially withdrawing the US from the Trans Pacific Partnership, a second one instituting a federal hiring freeze except for the military, and a 3rd executive order limiting abortion funding overseas.

Pres Trump signs 3 Exec Orders including federal hiring freeze "except for the military" and withdrawing US from Trans-Pacific Partnership. pic.twitter.com/XYxMFi8QDj

Having used words never before heard in a Presidential inauguration address:

bleed, carnage, depletion, disrepair, flush, Islamic, ripped, sad, rusted, sprawl, stealing, stolen, subsidized, tombstones, trapped, trillions, unstoppable...

President Trump has face criticism for his no-holds-barred speech - confirming his stance as an anti-establishment "America First" president. Trump advisor Carl Icahn told CNBC on the afternoon of the inauguration...

The Lost Hegemon:
Whom the Gods Would Destroy

Book Review by David Ray Griffin

F. William Engdahl, who is well known for books and articles in geopolitics, has recently published a book entitled The Lost Hegemon: Whom the Gods Would Destroy. The subtitle refers to a dictum by Euripides, “Those whom the Gods wish to destroy they first make mad.”

Authored by Robert Shiller, originally posted op-ed at The Guardian,

Speculative markets have always been vulnerable to illusion. But seeing the folly in markets provides no clear advantage in forecasting outcomes, because changes in the force of the illusion are difficult to predict.

In the US, two illusions have been important recently in financial markets.

Are Americans Racists?

Paul Craig Roberts

“Racist” is the favorite epithet of the left. Every white person (except leftists) is a racist by definition. As we are defined as racists based on our skin color, I am puzzled why we are called racists a second, third, and fourth time due to specific acts, such as favoring the enforcement of immigration laws. For example, President Donald Trump says he is going to enforce the immigration laws. For the left this is proof that Trump has put on the White Sheet and joined the KKK.