United States

While there was no unexpected overnight central bank announcement unlike yesterday's surprise by the RBA which unleashed volatility havoc in the FX market, which promptly spilled over into all asset classes, overnight stocks around the world saw another leg lower without a tangible catalyst, while EM currencies fell to a one-month low after two Fed presidents raised concern investors had become too complacent in their belief that U.S. interest rate raises will stay on hold.

For the first time since the weeks and months following the September 11 attacks, the Kingdom of Saudi Arabia has become a candidate for prime scrutiny on Capitol Hill.  

Submitted by Mike Krieger via Liberty Blitzkrieg blog,

In the beginning of a change, the patriot is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for then it costs nothing to be a patriot.

 

The only rational patriotism, is loyalty to the nation all the time, loyalty to the government when it deserves it.

 

– Quotes by Mark Twain

TTIP—American Economic Imperialism

Paul Craig Roberts

Greenpeace has done that part of the world whose representatives are so corrupt or so stupid as to sign on to the Trans-Pacific and Trans-Atlantic “partnerships” a great service. Greenpeace secured and leaked the secret TTIP documents that Washington and global corporations are pushing on Europe. The official documents prove that my description of these “partnerships” when they first appeared in the news is totally correct.

Submitted Op-Ed via RT.com,

The current economic system is designed to fail, but so was socialism. That’s according to former GOP Congressman Ron Paul, who told RT’s Boom Bust show that we need to go toward a system of property ownership, voluntary contracts and individual liberty, while getting rid of central banks.

Ron Paul begins at 14:35...