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Futures Rebound Off Lows Following Chinese Intervention; Oil Dips Ahead Of Fed, BOJ

Futures Rebound Off Lows Following Chinese Intervention; Oil Dips Ahead Of Fed, BOJ

Ahead of two key central banks events this week, the Fed announcement on Wednesday - in which Yellen is expected to do nothing and most likely will continue the dovish relent first seen a month ago - and then the BOJ on Thursday (which also mark the anniversary of the second longest and most artificial bull market in history) where Kuroda is increasingly expected to shock with something even more ridiculous, global shares have fallen modestly around the world as oil declined on signs a global surplus of crude is likely to persist.

Ron Paul: No More Entangling Alliances With Saudi Arabia!

by Ron Paul

For decades the US and Saudi Arabia have shared a peculiar relationship: the Saudis sell relatively cheap oil to the United States for which they accept our fiat currency. They then recycle those paper dollars into the US military-industrial complex through the purchase of billions of dollars worth of military equipment, and the US guarantees the security of the Saudi monarchy.

Bernie Sanders Is A "Testament To American Suckerdom"

Submitted by Jeff Deist via The Mises Institute,

This article from the Free Beacon about Bernie Sanders being kicked out of a “hippie commune” in 1971 reads like something from The Onion. Bernie, age 30(!) at that point, was like a bad college roommate who preferred late night political discussions to housework and cleaning. And based on uncontested reports of his nonexistent career path, we can safely assume he contributed nothing to the communal finances.

Russia Accuses U.S. Of Military Intimidation Over Incident In Baltic Sea

Last week’s confrontation between Russian fighter jets and a U.S. destroyer in the Baltic Sea has taken the shine off the U.S. Navy’s aura of invincibility. Russia Insider reports: Russia Warns US Military: ‘We Will Take All Necessary Measures’ If you were wondering what the immediate U.S. response would be to the embarrassing incident that took place in the Baltic Sea last week between Russian fighter jets and a U.S. destroyer, the answer is absolutely nothing.

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