More Lies From the Government
The government has reported a growth in first quarter 2016 GDP of one-half of one percent — 0.5%.
Residential investment accounted for the entire increase.
Yet housing starts fell by 0.7%.
The post More Lies From the Government appeared first on PaulCraigRoberts.org.
Just in case you were waiting for the "taken out of context" or "just kidding" excuse to come from the GOP establishment over John Boehner's earlier comments with regard to the 'luciferian, son of a bitch' Ted Cruz... none will be coming. Here is the full 97 seconds of truthiness from the mouth of the cryingest speaker America has ever known...
Submitted by Michael Klare via TomDispatch.com,
Tensions continue to escalate between the US and Russia. As a reminder, Russia conducted several close encounter fly-bys when first a Russian Su-24 "buzzed" the US missile destroyer USS Donald Cook in the Baltic Sea, and just days later flew within 50 feet of a US recon plane also flying over the Baltic Sea. The U.S. quickly responded and complained vocally to Russia, followed quickly by the first deployment of US F-22 stealth fighter to Romania, in close proximity to both the Black Sea and 400 km from the Russian military stronghold of Sevastopol on the Crimean Peninsula.
Last week a Russian Air Force MiG-31 jet intercepted a US surveillance plane near Kamchatka in Russia’s Far East, flying within 15 meters of the aircraft. Kamchatka is Russia’s main military hub in the Pacific with several military bases located there, along with a major naval base. Washington downplayed the incident and said the maneuver was carried out in a “safe and professional” manner. Russia Today reports: The MiG-31 (NATO code name Foxhound) is a Soviet-design supersonic interceptor, the world’s fastest aircraft in service today.