America

Less than a decade ago, the mere hint that the Fed was either propping up markets or actively pushing them higher was enough to get one branded a conspiracy theorist loon and never again invited to polite conversation. Since then first Bernanke, and then virtually all central bankers both domestic and foreign have admitted that the "wealth effect", a polite way of saying pushing up asset prices, has been their primary goal and function.

Submitted by Mike Krieger via Liberty Blitzkrieg blog,

With all the U.S.-trained fighters dead, captured or missing and their leader in the hands of Al Qaeda, top U.S. commanders are scrambling this week to determine how to revive the half-billion dollar program to create a moderate Syrian army to fight the Islamic State.

 

Many economic indicators are at their worst since the Great Depression …

For example, we noted in 2009 that more Americans will be unemployed than during the Great Depression.

We noted in 2010:

The following experts have – at some point during the last 2 years – said that the economic crisis could be worse than the Great Depression:

 

So this happened:

Milo Yiannopoulos’ event at DePaul University had to be cut short Tuesday night after protesters stormed the stage, blew whistles, grabbed the microphone out of the interviewer’s hand, and threatened to punch Yiannopoulos in the face.

Watch the video clip here. More from the Breitbart story:

Yiannopoulos attempted to continue the event, but protesters refused to leave the stage and the group of security guards (which DePaul forced both the organisers and Breitbart to pay for) refused to intervene.

 

Submitted by Arthur Berman via OilPrice.com,

Enthusiasts believe that shale gas is simultaneously cheap, abundant and profitable thus defying all rules of business and economics. That is magical thinking.

The recently released EIA Annual Energy Outlook 2016 sparkles with pixie dust as it forecasts almost unlimited gas supply at low prices out to 2040 and beyond. Exuberant press reports herald a new era of LNG exports that will change the geopolitical balance of the world and make America great again.