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Oil Fireworks Unsettle Global Markets Ahead Of Payrolls Report

Oil Fireworks Unsettle Global Markets Ahead Of Payrolls Report

With all eyes on crude, following last night's mini flash crash which sent WTI lower by 3% from just above $45 to under $43 in under 10 minutes, equity markets, generally quiet overnight, have taken on a secondary importance ahead of today's key risk event, the April payrolls report (full preview here). In global equities, Asian and European stocks are lower, while S&P futures are little changed.

The American Military's Real Problem: Shooting 'Ants' With 'Elephant Guns'

Submitted by Tobias Burgers via Strategic-Culture.org,

In combating asymmetric threats, we have to ask ourselves, on which side of the asymmetry do we sit? Typically and almost in a cliché manner, we depict our side as superior – we have the technology, we have the equipment, we have the on-going development capabilities. But do we really have the money for such high-end, extended, near-endless military campaigns?

The Militarization Of America's Police: Despite Obama Promises, War-Weapon Spending Soared In 2014/15

The Militarization Of America's Police: Despite Obama Promises, War-Weapon Spending Soared In 2014/15

The militarization of America's police has been a topic of concern for years (most openly since The Boston Marathon bombing in 2013) but reached a crescendo in 2014 amid Ferguson's riots when the average joe was exposed to MRAPs up close and personal. In October 2014, President Obama began planning to increase funding for military equipment transfers to the police, but then in May 2015, he flip-flopped - proclaiming his goal to de-militarize the police. However, this was another lie.

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