You are here

United States

Donald Trump Is Right: Here Are 100 Reasons Why We Need To Audit The Federal Reserve

Submitted by Michael Snyder via The Economic Collapse blog,

When a leading nominee for President gets something exactly right, we should applaud them for it.  In this case, Donald Trump’s call to audit the Federal Reserve is dead on correct.  Most Americans don’t realize this, but the Federal Reserve has far more power over the economy than anyone else does – including Barack Obama. 

Putin Calls Saudi King In An Effort To Stop World War

President Putin made an unusual and urgent call to King Salman bin Abdulaziz Al Saud on Wednesday after the leader of Saudi Arabia refused to speak to President Obama on the upcoming Syrian ceasefire later this week – a situation which risked a World War if left unresolved. The Saudi king spoke to Putin about the nature of the Russian-US ceasefire agreement in Syria, before agreeing to cooperate with it. “The king of Saudi Arabia welcomed the reached agreements and expressed readiness to cooperate with Russia for their implementation,” The Kremlin reports.

The Absolute Insanity of American Foreign Policy: US-Backed Groups Fight Each Other In Syria

CIA-backed Islamic rebels are fighting against Pentagon-backed Kurish rebels in Syria.

Buzzfeed notes:

Officials with Syrian rebel battalions that receive covert backing from one arm of the U.S. government told BuzzFeed News that they recently began fighting rival rebels supported by another arm of the U.S. government.

 

The infighting between American proxies is the latest setback for the Obama administration’s Syria policy and lays bare its contradictions as violence in the country gets worse.

And Now We Have A Services Recession: Markit Services PMI Crashes Into Contraction

And Now We Have A Services Recession: Markit Services PMI Crashes Into Contraction

Following this week's ongoing demise of the US manufacturing sector, tumbling to its weakest since October 2012, Markit US Services PMI collapsed into contraction at 49.8, massively below expectations of 53.5. This is the weakest level for the last pillar standing in the US recovery since the government shutdown in 2013, and as Markit even admits, "slumping business confidence and an increased downturn in order book backlogs suggest there’s worse to come."

Pages