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In Major Disappointment, Merkel Wins German Election Despite Worst Result Since 1949; AfD Surges To Enter Parliament

In Major Disappointment, Merkel Wins German Election Despite Worst Result Since 1949; AfD Surges To Enter Parliament

The German polls have officially closed, and the first exit polls numbers come in, confirming the expected fourth victory for Angela Merkel's CDU/CSU, however getting a unexpectedly low 32.5% of the vote, which according to Europe Elects was the worst result for Merkel's CDU/CSU (EPP) since 1949. Merkel's main challenger, the SPD, got 20%, also its worst result since Nazi era 1945; furthermore, the SPD has said it plans to enter the opposition, collapsing the current CDU/CSU-SPD "grand coalition." 

Iran Closes Airspace To Iraqi Kurdistan Ahead Of Historic Independence Vote

Iran Closes Airspace To Iraqi Kurdistan Ahead Of Historic Independence Vote

The diplomatic and economic noose is tightening around Iraqi Kurdistan one day ahead of its historic independence referendum. On Sunday, the Iranian government announced closure of its airspace to northern Iraq's Sulaimani and Erbil Airports, at the request of Iraqi authorities. The Baghdad government has repeatedly threatened military intervention in Iraq's autonomous Kurdish region should the vote proceed on Monday, which Baghdad warns could provoke invasion by neighboring states.

With German Polls Closing, Merkel Looks To Historic 4th Term In Office; Far-Right AfD Set To Enter Bundestag

With German Polls Closing, Merkel Looks To Historic 4th Term In Office; Far-Right AfD Set To Enter Bundestag

With polls closing shortly, Germany voted on Sunday in the country's federal elections, with long-serving Chancellor Angela Merkel looks certain to win a historic fourth term in office (see full preview here). Absent last minute drama, the poll is also expected to see the right-wing Alternative for Germany (AfD) entering parliament for the first time. The only outstanding question today is which other party or parties will join the chancellor’s Christian Democrats coalition in her new government

Trump Tax Plan Leaked, Includes Tax Cuts For Wealthiest Americans; Morgan Stanley Skeptical

Ahead of the Trump administration's official disclosure of what its latest tax proposal would look like, overnight Axios leaked some of the more salient highlights, the first being that the tax rate for the wealthiest Americans would be cut to 35% and second, taxes on on big and small businesses would be reduced substantially, with plans to cut the top tax rate for “pass through" businesses from 39.6% to 25% - a move which would impact LLCs and sole-proprietorships.

The Danger Of Patriotism

The Danger Of Patriotism

Authored by Bob Livingston via Personal Liberty blog,

My friends, it is frightening how simple we are and how easily we are manipulated simply because we are intellectually lazy.

The U.S. establishment has confused cause and effect by and through a flag-waving mania in America. "Patriotism" throughout history has covered a multitude of mischief. We are seeing it now!

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