Submitted by Andrew Napolitano via LewRockwell.com,
Over the New Year’s weekend, President Barack Obama’s chief policy adviser and closest strategist, Valerie Jarrett, told a talk show host that her boss would have a happy legacy because there was an absence of scandal in his administration.
Submitted by Charles Hugh-Smith via OfTwoMinds blog,
Profits are faltering for structural reasons that are not easily resolved..
The bedrock assumption of the Bull market is that corporate profits will keep rising indefinitely. Hiccups are allowed, but current stock market valuations are implicitly based on profits expanding.
Submitted by Mike Krieger via Liberty Blitzkrieg blog,
The rising hysteria about Russia is best understood as fulfilling two needs for Official Washington: the Military Industrial Complex’s transitioning from the “war on terror” to a more lucrative “new cold war” – and blunting the threat that a President Trump poses to the neoconservative/liberal-interventionist foreign-policy establishment.
Obama has deployed US Special Forces close to the Russian border to defend Baltic states who are allegedly ‘scared to death’ of Putin’s aggression. As part of a “persistent” presence of American troops in the Baltics, dozens of special ops solders will be being stationed along Europe’s eastern flank to provide reassurance to NATO allies Latvia, Lithuania and Estonia. They will also complement around 4,000 Nato troops being posted to Poland, Lithuania, Estonia and Latvia in the coming months.