One of the reason why the torrid dollar rally of the past few weeks appears to have plateaued, at least for the time being, is that just like earlier in the year, doubts have emerged about the viability of the "new and improved" tax plan, which according to the Tax Policy Center would mostly benefit the "Top 1", even as it eventually pushes taxes for the upper middle class progressively higher.
Just days after the conclusion of Russia's largest military exercise ever (which US military chiefs believe broke 'observer rules') and NATO's massive war games, Pravda reports a recent Russian Defense Ministry report says that Russia is preparing for the possibility of a military conflict with NATO countries.
The Catalan rebellion escalated on Tuesday, resulting in a day of "total stoppage" for the Catalan capital, in which Barcelona metro stations were closed, pickets blocked main roads and civil servants walked out on Tuesday in response to a strike called by pro-independence groups as separatist activists took to the streets of Barcelona to press home their demands for independence after winning an referendum on Sunday which despite a violent crackdown by the Spanish government, saw nearly 90% of the vote cast for splitting away from Madrid.
Authored by Pepe Escobar via The Asia Times,
Fascist Franco may have been dead for more than four decades, but Spain is still encumbered with his dictatorial corpse.
A new paradigm has been coined right inside the lofty European Union, self-described home/patronizing dispenser of human rights to lesser regions across the planet:
“In the name of democracy, refrain from voting, or else.”
Call it democracy nano-Franco style.
Via KeepTalkingGreece.com,
President Recep Tayyip Erdogan said on Sunday that Turkey no longer needs EU membership.
His son Bilal who plays an important role in Turkey’s politics went even further and described the Europeans as “gavur” (indifels).
The comments come after 12-year-long accession talks with Brussels grind to a halt.
“We will not be the side which gives up. To tell the truth, we don’t need EU membership anymore,” Erdogan said.