Sunday, February 05, 2017

 

News Links, February 6, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Markets Smell a Rat as Central Banks Dither
Once king, Swiss bling hits harder times
Watchmakers add more affordable models to the luxury mix to shore up sales
The US performs poorly by comparison to [France, Norway, and the UK], for reasons that may have more to do with structure, institutions and policy.
Cement production: A Large Crack Appeared In The Global Market…. And No One Noticed
Insider Warning: Top Execs Are Selling Stocks at Record-Breaking Speed
As major stock market indices continue to climb, the trading activity of top U.S. executives and bankers suggest that the end may be near. According to security filing analysis by the Wall Street Journal, since the election nearly three months ago, insiders have sold off a staggering $100 million in shares. Is this just a coincidence, or are they preparing for something the rest of us don't know about?

## Cut, baby, cut! ##
Weatherford Slashes Another 3,000 Jobs (oil)

## Airline death spiral ##
In-flight violence to be videotaped

## Fault lines/flashpoints/powder kegs/military/war drums ##
Must read: The U.S. military's stats on deadly airstrikes are wrong. Thousands have gone unreported
The American military has failed to publicly disclose potentially thousands of lethal airstrikes conducted over several years in Iraq, Syria and Afghanistan, a Military Times investigation has revealed. The enormous data gap raises serious doubts about transparency in reported progress against the Islamic State, al-Qaida and the Taliban, and calls into question the accuracy of other Defense Department disclosures documenting everything from costs to casualty counts.
US-Russia Nuclear War To End The World? Atomic Bombs Will 'Annihilate Earth-Originating Intelligent Life,' Report Says
Clinton Gang Push for War with Iran
There is in fact no evidence that Iran is continuing a covert programme to produce nuclear weapons. British, French and Russian intelligence all assess that Iran is sticking to its agreements and – here is a key point – so do the CIA. But when did politicians ever let facts stand in their way?
The real "problem" is that Iran refuses to kowtow to the US, and the Empire cannot abide. -- RF
Trump Bends to Neocon Pressures
President Trump's calls for reorienting American foreign policy look to be disintegrating in his first two weeks in office as he embraces the neoconservative hostilities toward Iran and Russia.
Russia, Ukraine - Neocon Ceasefire Sabotage Fails To Change Trump's Mind
There are serious signs that the Trump administration will continue to seek better relations with Russia. It declines to get involved in the hustling in Ukraine. It is ready to give up on the catastrophic regime-change agenda the neocons implemented in Kiev with the help of Ukrainian Nazi organizations.
War! Sens. Graham and McCain Visit Ukraine Troops, Urge Offensive
The United States has never been particularly supportive of efforts by European nations to negotiate a ceasefire in Eastern Ukraine. Perennial hawks Sen. Lindsey Graham (R – SC) and John McCain (R – AZ) took things a step further, however, visiting Ukrainian troops on the frontlines and openly urging new military offensives against the ethnic Russian rebels.
Eying Russia, Norway pumps prior savings into its defense budget
In a bid to bridge the affordability gap for ever-rising military equipment acquisitions, Norway's Defense Forces will release funds freed up by cost savings programs to bolster purchasing power.
Romania govt vows to repeal law that goes easy on corruption
After mass protests have rocked the country for days, Romania's government says it will repeal an emergency decree that decriminalizes official misconduct
These before and after photos prove that Barack Obama and Hillary Clinton had nothing but love for Islam
Where was the liberal left outrage when Barack and Hillary were bombing the hell out of these three "Muslim" countries?

## Global unrest/mob rule/angry people/torches and pitchforks ##
Tens of Thousands of Romanians Protest Diluted Graft Law for 4th Day
U.S. refiners face weakening demand at pump for first time in 5 years
U.S. refiners are facing the prospects of weakening gasoline demand for the first time in five years, stoking fears that earnings this year may be even worse than the dismal performances seen in 2016.
The implications for our near-future food supply are enormous. -- RF
Bring in the wolves! -- RF

## Intelligence/security/internet/cyberwar ##
Nevertheless, the lawsuits are going forward. -- RF
Spam Accounts for Two-Thirds of Total Email Volume
The firing of the journalist is a problem, but that is overshadowed by the tenor of the article, which seems to assume that objective journalism started suffering under Trump. In general, liberal sites like Truthdig make it sound as though the world started falling apart on the day Trump took office, when in actuality Trump is just the natural and inevitable evolutionary outcome of America's economic, political, social, and information regimes; Americans of whatever political stripe have no one to blame but themselves. Similarly, the liberal camp believes in the dangerous fantasy that "rebuilding" the Democratic Party is the path to follow. Such a vain and futile exercise can only further solidify the War Party's stranglehold on American politics. Unless America's China-style one-party system is overhauled to widen the political spectrum and allow real participation by other parties, unless the Deep State is dismantled, and unless the electoral system is revamped to allow more realistic voting alternatives, Americans can expect more of the same destructive policies and actions. In that event, what comes after Trump will likely be much worse. -- RF
Truly, this presages the end of an era. -- RF

## Japan ##
M'bishi Heavy eyes spinning off entire commercial shipbuilding unit
Mitsubishi Heavy Industries Ltd. said Thursday it is considering spinning off its entire commercial shipbuilding business as it struggles under the ballooning cost of cruise ship building.
Japan's delivery network feeling the strain
Rising parcel volume, severe labor shortage making logistics systems difficult to maintain
Japan's imports pressure nearly 800 endangered species: study
Japan's imports of foodstuffs, wood products and other commodities affect 792 endangered species in Southeast Asia and around the world, according to a study on the impact of Japanese consumer habits.
If the Russians are just starting this now, they're way behind. -- RF

## US ##
As I've said, although Trump is a disaster (just as Hillary Clinton would have been a disaster), there is nothing he or anyone else can do to save the economy because collapse is baked into the cake. -- RF
Arizona Committee Passes Bill To Support Sound Money
An Arizona bill that would eliminate state capital gains taxes on gold and silver specie, and encourage its use as currency, passed an important House committee today.
U.S. Army Corps Gives Eviction Notice to Dakota Access Protest Camp
In a statement Friday evening, the Corps said it would close the Oceti Sakowin Camp, which sits on approximately 50 acres of Corps land, on Feb. 22 due to the "high potential for flooding" in the low-lying area.
As if to corroborate what I've been saying about Trump — that he is the natural and inevitable evolutionary outcome of America's rotting and failing systems — this essay points out that Trump is only doing overtly what previous administrations have done covertly. We should thank Donald Trump for his openness and honesty. -- RF
Many of the same democratic leaders now bemoaning Trump's wall voted for one [in 2006]— Hillary Clinton, Joe Biden, Chuck Schumer, Dianne Feinstein.
Trump deserves credit for this. Precious few Americans, especially politicians, would have the honesty and courage to admit the obvious. -- RF
Steering Trump Back to Endless War
President Trump's chaotic first two weeks have seen senior aides reverse his most promising plans for restoring realism to U.S. foreign policy, especially regarding Russia and the Mideast.

And finally...




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