United States

Not only did the Fed miss its window of opportunity to hike rates, but it did so at the worst possible time, launching the first tightening cycle in 11 years just as US manufacturing entered its first recession since the financial crisis, just as the credit cycle entered its slowdown phase, and just as the default cycle is picking up, first in the energy sector one year ago and now spreading to all other industries.

Submitted by Gordon T. Long of the Financial Repression Authority

Obama Abruptly Waives 1980 Foreign Investment in Real Property Tax Act

"Let’s remember why we became part of a coalition to stop [Libyan dictator Muammar] Gaddafi from committing atrocities against his people.” 

Authored by Eric Zuesse,

Saudi Arabia's involvement in Yemen has only destroyed lives and created a state of total chaos, and the U.S. government is complicit in the carnage. Both nations should, as part of the peace process, be forced to pay reparations for the tremendous damage their bombs have inflicted. The Yemen crisis should also serve as a prime moment for the U.S. to reconsider its alliance the Saudi regime.