Submitted by Sarah Lazare via TheAntiMedia.org,
State Department spokesperson John Kirby is raising eyebrows after he released a recap of 2015 “success stories” in which he credits the United States for bringing “peace” and “security” to Syria and “stepping up” to help the country’s people at a difficult time.
If at first you don't succeed, try, try, keep trying again and again.
That appears to be the mantra of Goldman's credit strategists, who one year ago when the 10Y was trading right around current levels, predicted that the yield on the benchmark bond would rise to 3% by the end of 2015. It was just a little off.
First, here is Goldman's apology for being so wrong in what may be the most important forecast a bank makes (as it involves everything from the economy to the equity risk premium): where the 10 Year will trade:
PCR Interviewed on USA Watchdog
http://usawatchdog.com/paul-craig-roberts-preview-of-2016-with-greg-hunter/
The post PCR Interviewed on USA Watchdog appeared first on PaulCraigRoberts.org.
America Is Being Destroyed By Problems That Are Unaddressed
Paul Craig Roberts
One hundred years ago European civilization, as it had been known, was ending its life in the Great War, later renamed World War I. Millions of soldiers ordered by mindless generals into the hostile arms of barbed wire and machine gun fire had left the armies stalemated in trenches. A reasonable peace could have been reached, but US President Woodrow Wilson kept the carnage going by sending fresh American soldiers to try to turn the tide against Germany in favor of the English and French.
The U.S. military have accused Iran of “highly provocative” actions after they fired unguided rockets 1,500 yards from ships including an American aircraft carrier. Iranian ships fired rockets in the Strait of Hormuz as the USS Harry S. Truman aircraft carrier, was reportedly passing 1,500 yards away The US Central Command has called the drill “provocative, unsafe, and unprofessional.” The incident, originally reported on Wednesday via two unnamed US military officials, allegedly took place on Saturday.