United States

The Pentagon is up in arms that two Russian jets flew dangerously close to a U.S. destroyer in the Baltic Sea, creating a “wake” in the waters surrounding the warship. The two low flying Russian Su-24s performed a “simulated attack” that goes against military conventions in peacetime, according to the Pentagon. Sputnik reports: While sailing through the Baltic on Tuesday, the USS Donald Cook reported that Russian aircraft performed repeated flybys within 30 feet of the destroyer.

Submitted by Nick Bernabe via TheAntiMedia.org,

“Now it’s just an oligarchy, with unlimited political bribery being the essence of getting the nominations for president or to elect the president. And the same thing applies to governors, and U.S. senators and congress members.”

– Former President Jimmy Carter

Submitted by Mike Krieger via Liberty Blitzkrieg blog,

In a rerun of what happened two years ago when in April 2014 a Russian Su-24 fighter jet flew repeatedly within 1000 yards of a US warship, CNN reports that the Pentagon is furious that while sailing in the Baltic Sea, US warship the USS Donald Cook had two "extremely close overflights" by unarmed Russian fighter jets.

According to the initial reports, two concerning encounters occurred Tuesday night in international waters. A third overflight, at a more acceptable distance, happened Sunday, according to the source.

My 15 year old son and I went to the NY Hedge Fund Roundtable event on the energy sector at the Penn Club last week. It's good to have your children see you perform. The discussion surrounded the price of oil, LNG and the impact Elon Musk is having on the oil industry.

Stephen Schork of the Schork report was the standout personality of the panel (buyside vs sellside panelists) basically echoing what yours truly has been telling you.