Spain

During the Tuesday episode of the Ron Paul Liberty Report, host Ron Paul answered questions that viewers had submitted. In the process of answering one of the questions, Paul mentioned that there was an instance in which President Grover Cleveland, who Paul has praised before, stood up against congressional pressure for the United States to go to war.While Paul did not go into details about the instance when mentioning it in his answer, what Cleveland did was refuse to go to war with Spain in the name of aiding an insurrection in Cuba.Historian Henry F.

Spanish stocks and the euro fell, while Spanish government bond yields hit their highest levels in over a month after Catalan secessionists delivered an unexpected blow to the government of Spanish PM Rajoy by winning the Catalan regional election. Meanwhile across the Atlantic, U.S. equity futures and the dollar rose on the last trading session before the Christmas holiday. The MSCI index of world stocks was flat.

Despite growing expectations that Catalan separatist fervor had abated in the aftermath of the post-independence fiasco, consensus was once again set for disappointment and on Thursday night, Spain was thrown back into chaos after the three Catalan separatist parties, Junts per Catalunya, Republican Catalan Left and the CUP, held on to a small but critical majority in the Catalan regional parliamentary election, dealing a stunning rebuke to Prime Minister Mariano Rajoy and his attempt to bury the Catalan independence movement.

U.S. equity futures are little changed with the GOP Tax Plan now a done deal and no more daily "pricing in" of tax reform possible, as traders nerviously look to see if others will now be "selling the news", a preview of which we got yesterday when US equity indexes closed red across the board despite Trump's biggest legislative win to date, while bonds were spooked by the blowout in government debt needed to fund the giveaways.

Authored by Alex Gorka via The Strategic Culture Foundation,

Few people are able to recognize their own mistakes. Many prefer to deny the truth becoming willfully oblivious to obvious facts. Why assume responsibility if there is such a thing as blame shifting - a true-and-tried method to get away with it? Pointing a finger at someone else to divert attention serves the purpose.