Tuesday, February 9, 2016

"Pravda: Scenarios Of Real War Between Russia And Turkey"


"Pravda: Scenarios Of Real War Between Russia And Turkey"
By GPD

"The possibility of a full-fledged war between Russia and Turkey has been a talk of the day for conspiracy theorists, analysts, couch warriors and experts on international politics for several weeks already. Turkish President Erdogan threatened that Turkey will not tolerate Russia’s possible attack on its air force. It is an open secret that guns start shooting only when politicians and diplomats are powerless to stop them from doing it. Yet, let’s assume that a real war sparks between Russia and Turkey (NATO) – what kind of war would it be? What results would it bring?

Politonline.ru discussed the topic with leading military experts that follow various approaches to international armed conflicts. A leading expert of the Center for Military and Political Studies, Mikhail Alexandrov, is convinced that in case of a real war, Russia will have to use nuclear weapons immediately, because the existence of the nation will be at stake. “It would be a mistake for Russia not to use nuclear weapons in this case. The West and Turkey will try to drag us into a war such as the Crimean war, where escalation will be slow, combat actions in the Caucasus will erupt, and the Russian group in Syria will be destroyed. The West will be helping Turkey – there will be military units and state-of-the-art aviation deployed there. It will be a war of the wearing-out strategy,” he said.

"From my point of view, should the war with Turkey start, it must be a determined, ambitious and quick war. Russia will have to strike a nuclear blow on main infrastructure and military targets in Turkey immediately, not on cities, of course, where people live, but on headquarters, major centers of communications, ammunition depots, airfields, ports. During the first few hours of this war, Russia must destroy the entire military infrastructure of Turkey," Mikhail Alexandrov said. One does not even have to use ballistic missiles in this strike, Iskander-M with nuclear warheads would be enough. As soon as the military infrastructure is destroyed, the Russian troops will go and take the area of the straits, he added.

The West will not even have time to do anything. European countries will be so horrified that they will not even dare to intervene. The Americans will face a choice- either they begin a strategic nuclear war against Russia or not. As a result, Russia will take the area of the straits, and the rest will be left to Turkey, said the expert, explaining that this is not a cunning plan of the aggressor, but the requested scenario of what to do if the war breaks out.

Deputy head of the Tauride information-analytical center at RISI, Sergey Ermakov, suggested a non-nuclear scenario. Politonline.ru  "Hopefully, the real conflict will not happen. Using nuclear weapons is an extreme option. As for a regional war, there are non-military tools in the region. There are many anti-Turkish players in the region. In the case of a military conflict, the Kurds will rip the region to pieces, so for Turkey, a war is a game not even with the zero, but with a negative sum," he said.

Turkey is a strong power in military terms, but the county is not strong enough to challenge Russia. Russia's fleet is capable of striking long-range blows, not even from the Black Sea area. The winner in a modern-day war is the one who uses various forces and a more developed system of combat control. Russia has an advantage at this point- we have the satellite positioning system and the combat direction system that give clear picture in the theater of military operations in real time, the expert said. Of course, aviation will be used. Russia's airbase in Syria will shorten the flight time to Turkish objects considerably. As a result, Turkey will see threats from different sides, Sergei Ermakov concluded.

As for NATO, Turkey is a member of NATO, and the country definitely falls under the fifth article. Yet, given Russia's military power and Europe's reluctance to get involved in the conflict (NATO makes decisions by consensus)  all members of the alliance will have to unequivocally agree that NATO would need to stand up against the aggressor. In this case, however, it should be a direct aggression strike that Russia would deliver against Turkey. This is not what Russia is up to, he concluded.

If Turkey provokes the conflict, NATO may not resort to the fifth article. Aggression is one thing, but a country asking for a conflict and pulling NATO into it is another thing. In such cases, NATO tries not to get involved, Sergei Ermakov said. “No one wants to get involved in a direct military conflict with Russia. This conflict is fraught with a nuclear war and a global tragedy,” he added."

Musical Interlude:Sting, “Fields of Gold” (Playlist)

Sting, “Fields of Gold”

Musical Interlude: Deuter, “Black Velvet Flirt”

Deuter, “Black Velvet Flirt”

"A Look to the Heavens"

“What's happening behind those houses? Pictured here are not auroras but nearby light pillars, a nearby phenomenon that can appear as a distant one. 
Click image for larger size.
In most places on Earth, a lucky viewer can see a Sun-pillar, a column of light appearing to extend up from the Sun caused by flat fluttering ice-crystals reflecting sunlight from the upper atmosphere. Usually these ice crystals evaporate before reaching the ground. During freezing temperatures, however, flat fluttering ice crystals may form near the ground in a form of light snow, sometimes known as a crystal fog. These ice crystals may then reflect ground lights in columns not unlike a Sun-pillar. The featured image was taken in Fort Wainwright near Fairbanks in central Alaska.”

"Vitae Summa Brevis"

"Vitae Summa Brevis" 

"They are not long, the weeping and the laughter,
Love and desire and hate:
I think they have no portion in us after
We pass the gate.
They are not long, the days of wine and roses;
Out of a misty dream
Our path emerges for a while, then closes
Within a dream."

- Ernest Dowson

“Vitae summa brevis spem nos vetat incohare longam” is a quotation from Horace’s
“First Book of Odes”: “The shortness of life prevents us from entertaining far-off hopes.” 

"Albanian Proverb"

"When you have given nothing, ask for nothing."
- Albanian Proverb

Chet Raymo, "In the Cave"

 "In the Cave"
by Chet Raymo

"I have mentioned here before the ospreys that patrol our beach - or "fish hawks," as they call them here - generally in the afternoon at about the time I take my long walk to the palm point. Magnificent birds with broad wings that glide seemingly effortlessly on the wind. And here's the thing: As often as not I am startled by a bird's shadow before I see the bird itself. That wide-winged shadow, sweeping across the white sand, sometimes across me. That flicker of chill as the osprey blocks the sun.

And generally when it happens I think of Plato's allegory of the cave. Prisoners in a cave are constrained to look only at a blank wall. Somewhere behind them there is a fire, and people come and go in front of the fire, casting shadows on the wall. The shadows are the only reality the prisoners know. They have no idea of the flesh-and-blood people behind them or the blazing fire. The prisoners know only what presents itself to their senses.

Forget for the moment Plato's point, which has to do with the duty of the philosopher to enlighten the benighted. There is a humbling moral to the story for all of us: We can only know what our senses - directly or indirectly - can perceive.

Who, a century ago, could have imagined the universe of the galaxies, or the marvelous dance of the DNA in every cell of our bodies? By cleverly extending our senses - limited as they are - with technological enhancements a whole new universe has opened up to us. Who can imagine what we might know a century from now? Plato's "real" world is like a shadow compared to the universe we inhabit today. Our own universe may be a shadow of a reality vastly more wonderful than anything we have so far dreamed.

Never mind. We live in the world we have. Even the osprey's shadow is magnificent in its own way. I am privileged to lift my eyes and see the feathered bird. And I have an intuition that there is more - much more - yet to see.”

Midday Musical Interlude: 2002, “Falling Through Time”

2002, “Falling Through Time”

"How small a portion of our life it is that we really enjoy. In youth, we are looking forward to things that are to come; in old age, we are looking backwards to things that are gone past; in manhood, although we appear indeed to be more occupied in things that are present, yet even that is too often absorbed in vague determinations to be vastly happy on some future day, when we have time."
- Charles Caleb Colton

"Not Such An Easy Business..."

“Over the years you get to see what a struggle life is for most people, how tough it is, how easy it is to be judgmental and criticize and stand outside of situations and impart your wisdom and judgment. But over the decades I've got more tolerant of people's flaws and mistakes. Everybody makes a lot of them. When you're younger you feel: "Hey, this person is evil" or "This person is a jerk" or stupid or "What's wrong with them?" Then you go through life and you think: "Well, it's not so easy." There's a lot of mystery and suffering and complication. Everybody's out there trying to do the best they can. And it's not such an easy business.”
- Woody Allen

The Daily "Near You?"

Macedonia, Ohio, USA. Thanks for stopping by!

"Three Words..."

"LA/Aliso Canyon Methane Gas Blowout- Robert F. Kennedy Jr."

View from Aliso Canyon. The tall buildings you see at the image top are downtown L.A.
"LA/Aliso Canyon Methane Gas Leak Blowout- 
Robert F. Kennedy Jr."
by ENE News

"Robert F. Kennedy, Jr. is a famed environmental attorney and activist who joined our panel of experts to speak to the residents of Porter Ranch at our town hall meeting on January 22. His work for the environment has earned him recognition from Time magazine as one of the “Heroes of the Planet.” 

Robert F. Kennedy Jr., Jan 22, 2016: “One thing I happen to know about- and I can’t make any claim about it now- but I know this. Methane, when it’s exposed to sunlight, can produce as a by-product formaldehyde. Southern California gas knows that too. It transforms when it’s subjected to sunlight to formaldehyde. SoCalGas knows that, and they ought to be straight about it. They ought to be telling us… but they’re not.”


Rex Paris, attorney: “It’s the most massive gas blowout, gas well blowout, in a populated area in history. This has never happened before in a populated area. And so when they tell you that “It’s not damaging”, “It’s just temporary”- whatever nonsense they’re feeding you- understand, nobody knows. It’s never happened before. This can be deadly. Make sure you’re getting treated. Nobody knows what breathing this stuff constantly is doing to the children. The gas company says, “This is just the smell you’re reacting to, it’s just temporary, it’s not a problem, it’s not serious”- these people aren’t stupid. How could somebody possibly say that? We have children whose noses are bleeding every day, we have people who suffer from chronic headaches and are nauseous every single day. How does that not become a serious issue? Why are they saying something nobody here believes? They’re trying to convince everybody that it’s all in our heads. It’s a trick.”

Report by the law firms of Morgan & Morgan, Panish Shea & Boyle, Kennedy & Madonna, and R. Rex Parris, Dec 16, 2015: "Experts have stated that the gas emitted in the blowout contains mostly methane which can oxidizes in the atmosphere and turns into formaldehyde. Formaldehyde can cause hypothermia, asphyxiation, and acidosis. Acidosis is a condition in which your body starts to digest itself."

Joseph Pfeifer*, Dec 30, 2015: “When all that methane is exposed to California sunshine it gets converted to formaldehyde. The nosebleeds, headaches etc. aren’t from the “odorant”, they are signs of formaldehyde exposure. These same symptoms are seen in people living near gas compressor stations due to leaking methane being converted. Obviously, this is something SoCal doesn’t want to talk about or you to know about.” * This user comment above was almost certainly written by Dr. Joseph L. Pfeifer, M.D. (director of trauma and surgical critical care at Berkshire Medical Center), who recently authored a column mentioning formaldehyde, methane, and gas compressor stations."

Politics: "The Deep State’s Top Choice for President Is…"

"The Deep State’s Top Choice for President Is…"
by Bill Bonner

RANCHO SANTANA, Nicaragua – "We’re traveling home to the U.S. from our recent meeting with members of our family wealth advisory, Bonner & Partners Family Office. So, we’ll make this short. The Dow sold off again yesterday. At midday, it was down nearly 400 points. Then it recovered to end down only 178 points – or about 1%. As we’ve been warning, this market is extremely vulnerable. Watch out.

Less Popular Than Syphilis: Meanwhile… who’s the crony? Democrat front-runner Hillary Clinton is the Deep State’s top choice for president.  She has already received $21 million from Wall Street for her campaign. That’s 280 times more than Bernie Sanders. 

This is why Sanders and Donald Trump are doing so well in the polls. People are catching on to how the system works. They know they are being taken for fools.  According to a recent CNN poll, 69% of Americans are either “very angry” or “somewhat angry” about “the way things are going” in the U.S. And according to a recent NBC/Wall Street Journal poll, the same percentage – 69% – are angry because the U.S. political system “seems to only be working for the insiders with money and power, like those on Wall Street or in Washington.” 

Among young voters, according to a well-watched video, “syphilis is more popular than Hillary.” But Clinton is the crony favorite, supported by Wall Street and the Pentagon. In the old days, the conservatives believed the U.S. government was the devil at home and an angel abroad. The liberals believed the government was an angel at home and a devil overseas. Hillary believes that government always wears wings – at home and abroad. 

The Rise of the Outsiders: The young and the plain folk know it isn’t so. They put on uniforms. They salute the flag. They do their military service. They pay their taxes. But they know something is wrong. They don’t necessarily understand how the system works. But they know it is rigged against them. So, they turn to outsiders Trump and Sanders. 

The Washington Examiner reports: "In a nearly one-hour speech, Trump railed against pharmaceutical companies. He railed against oil companies. And insurance companies. And defense contractors. And he set himself against a political system that he said allows big-money corporate "bloodsuckers" to control the government with campaign contributions. "Whether it's the insurance companies, or the drug companies, or the oil companies, it's all the same thing," Trump said. "We're never going to get our country back if we keep doing this."

As former Washington insider turned Deep State whistleblower Mike Lofgren put it in the January issue of Bonner & Partners Investor Network, “What Trump and Sanders have in common is they are not your typical politicians. And don’t think that doesn’t scare the daylights out of the political establishment.”
Well, there is one thing about Hillary I wholeheartedly support...

"How It Really Is"

"Saudi Arabia Prepares To Send Special Forces To Syria; Will Fight As Part Of 'US-Led Coalition'"

"Saudi Arabia Prepares To Send Special Forces To Syria; 
Will Fight As Part Of 'US-Led Coalition'"
by Tyler Durden

"As we reported yesterday, in one of the most surprising developments involving the Syrian proxy war, Saudi Arabia and U.S. presence on the ground, the latest twist is that both Turkey and Saudi Arabia are now mulling a full-scale invasion while Russia and the Syrian government continue their progress in wiping out the US and Saudi-funded rebellion. To be sure, there was confusion when CNN Arabia reported first that the Saudis may send as much as 150,000 troops into Syria, by way of Turkey, something which Anadolu news promptly denied.

However, the denial itself was softly denied by the Saudi Press Agency, which further stirred the water earlier today when it reported that not only is Saudi Arabia ready to send a special force to fight in Syria, but that this deployment was proposed by the US, which would oversee the Saudi troops as part of the US-led coalition in Syria. To wit:

• AL JUBEIR SAYS U.S. PROPOSED GROUND FORCE DEPLOYMENT: SPA
• SAUDI FORCE WOULD FIGHT AS PART OF U.S.-LED COALITION: SPA
• SAUDI MINISTER SAYS SENDING GROUND FORCE UNDER DISCUSSION: SPA
• SAUDI ARABIA READY TO SEND SPECIAL FORCE TO FIGHT IS IN SYRIA

And so, what was until recently purely an air campaign involving all the major global powers (except China, for for the time being), is about to become a full-blown land war, involving not only Sunnis and Shi'ites (especially once Iran joins the fray), but also Russian troops on one side and US and Saudis on the other.

Most notably, oil has refused to budge even an inch on what is rapidly shaping up as a precursor to World War III.”
No worries! What could possibly go wrong?


Highly recommended:
“The Nuclear Seduction: Why the Arms Race Doesn’t Matter- And What Does”

“Almost Everything in 'Dr. Strangelove' Was True”

“JP Morgan Chase: New Cash Policies Starting March 2016”

“JP Morgan Chase: New Cash Policies Starting March 2016”
by RP

"Want to deposit cash at JPMorgan Chase? Then prepare to be treated if not like a criminal, then certainly a suspect of a very serious crime. The charge: being in possession of that “barbarous relic” known as cash.
20 years ago I was working a summer job where we would only accept a credit card with a state issued ID or passport. A coworker of mine once joked with a cash paying customer that we would only accept cash with two forms of ID. He relented after about 5 seconds and happily took her cash without any ID. I had no idea how far that guy was ahead of his time. I wouldn’t be surprised if they make you show some sort of state ID if you pay for certain purchases in cash."

Satire: “Christie Quits Race to Focus on Tormenting Rubio”

“Christie Quits Race to Focus on Tormenting Rubio”
by Andy Borowitz

NEW HAMPSHIRE— “In a stunning announcement on the eve of the New Hampshire primary, New Jersey Governor Chris Christie said that he was dropping out of the Presidential race to focus his energies on tormenting Florida Senator Marco Rubio full-time. “At the end of the day, running for President was interfering with what I really love, which is making Marco Rubio’s life a living hell,” he said. “Now I can get up every morning and spend all day just doing that.”

Christie said that he had tired of fielding questions about ISIS, immigration, and the economy and having to find some contrived way of answering them with a scathing attack on Rubio. “Don’t get me wrong, I was great at it,” he said. “But it’ll be so much easier to just get out there and start tearing him apart with no pretext whatsoever.” The New Jersey governor, who plans to bring his message of character assassination to all fifty states, did not indicate how he would finance this mission. “I’ll pay for it myself if I have to,” he said. “If, looking back on my life, I can say that I ground Marco Rubio into the dirt, I will die a happy man.”

Asked what his first stop would be after leaving the campaign trail, Christie said, “I want to reconnect with my family, hug my kids, and tell them what a douche Marco is.”
Related:
“MARCOBOT DOES IT AGAIN!”
"Marco Rubio Repeats Same Line- Again!"
Would-Be Donors 'Frozen In Place'... 'It Was Bizarre, Man'... Christie: 'I Think A Lot Of Checks Are Being Ripped Up'... Precarious In NH... Gay Voter To Rubio: 'Why Do You Want To Put Me Back In The Closet?'
Yeah, some days it's just too easy... lol

Monday, February 8, 2016

Musical Interlude: Arnd Stein, “Besinnlichkeit”

Arnd Stein, “Besinnlichkeit”

"A Look to the Heavens"

“Namibia has some of the darkest nights visible from any continent. It is therefore home to some of the more spectacular skyscapes, a few of which have been captured in the below time-lapse video. We recommend watching this video at FULL SCREEN (1080p), with audio on. The night sky of Namibia is one of the best in the world, about the same quality of the deserts of Chile and Australia. 
Visible at the movie start are unusual quiver trees perched before a deep starfield highlighted by the central band of our Milky Way Galaxy. This bright band of stars and gas appears to pivot around the celestial south pole as our Earth rotates. The remains of camel thorn trees are then seen against a sky that includes a fuzzy patch on the far right that is the Large Magellanic Cloud, a small satellite galaxy to the Milky Way. A bright sunlight-reflecting satellite passes quickly overhead. Quiver trees appear again, now showing their unusual trunks, while the Small Magellanic Cloud becomes clearly visible in the background. Artificial lights illuminate a mist that surround camel thorn trees in Deadvlei. In the final sequence, natural Namibian stone arches are captured against the advancing shadows of the setting moon. This video incorporates over 16,000 images shot over two years, and won top honors among the 2012 Travel Photographer of the Year awards.”

The Poet: Theodore Roethke, “The Waking”

“The Waking”
 by Theodore Roethke

“I wake to sleep, and take my waking slow.
I feel my fate in what I cannot fear.
I learn by going where I have to go.

We think by feeling. What is there to know?
I hear my being dance from ear to ear.
I wake to sleep, and take my waking slow.

Of those so close beside me, which are you?
God bless the Ground! I shall walk softly there,
And learn by going where I have to go.

Light takes the Tree; but who can tell us how?
The lowly worm climbs up a winding stair;
I wake to sleep, and take my waking slow.

Great Nature has another thing to do
To you and me; so take the lively air,
And, lovely, learn by going where to go.

This shaking keeps me steady. I should know.
What falls away is always. And is near.
I wake to sleep, and take my waking slow.
I learn by going where I have to go.”

Eckhart Tolle, “The Beggar”

“The Beggar”
by Eckhart Tolle

“A beggar had been sitting by the side of the road for thirty years. One day a stranger walked by. "Spare some change?" mumbled the beggar. "I have nothing to give you," said the stranger. Then he asked: "What's that you're sitting on?" "Nothing " replied the beggar. "Just an old box. I've been sitting on it for as long as I can remember." "Ever look inside?," asked the stranger. "No," said the beggar. "What's the point, there's nothing in there." "Have a look inside," insisted the stranger. The beggar, reluctantly, managed to pry open the lid. With astonishment, disbelief, and elation, he saw that the box was filled with gold.

I am that stranger who has nothing to give you and who is telling you to look inside. Not inside any box, as in the parable, but somewhere even closer: inside yourself.”

Chet Raymo, “At Home In An Infinite Universe”

“At Home In An Infinite Universe”
by Chet Raymo

“They are questions that bedeviled thinkers for thousands of years: Is the universe infinite or finite, eternal or of a finite age?  It is certainly hard to imagine a universe that extends without limit in every direction, or a universe without a beginning or end. It is equally difficult to imagine a finite universe; what is beyond the edge? Or a beginning or end in time; how can something come from nothing? how can what is cease to be?

The problems are so intractable philosophically that their resolution has generally been left to the theologians, which from a philosophical (or scientific) perspective offers no solution at all. Giordano Bruno was burned at the stake for proposing a philosophical resolution (an infinite universe) that offended theology.

An escape from befuddlement is provided by Einstein's theory of general relativity, which- for example- can describe a finite universe without a boundary, as the "two-dimensional" surface of a sphere is finite and without an edge. Unfortunately, multi-dimensional curved space-time is so counterintuitive that it is difficult to get one's head around it without mastery of the mathematics. Given a choice between the ancient myths of your local preacher and the obtuse mathematics of the physics professor, it's not hard to guess what most folks will opt for.

I have just received for review a new book by physics professor Chad Orzel called “How To Teach Relativity To Your Dog.” It's a fun romp, and clever pedagogy, but I can't imagine it making the best seller list, much less displacing "Heaven Is For Real." 

Meanwhile, I'm reading a meditation on infinity by physics professor Anthony Aguirre, in a collection of essays called Future Science. He discusses contemporary cosmological theories based on general relativity, and in particular the rehabilitation of the idea of an infinite and eternal universe, or, more precisely, that our universe might be just one of an infinity of infinite universes. He writes in conclusion: “What seems clear, however, is that infinity can no longer be safely ignored; beautifully constructed, empirically supported, self-consistent theories have brought infinity from idle curiosity to central player in contemporary cosmology. And if correct, the worldview these theories represent constitutes a perspective shift unlike any other: in comparison to the universe, we would be not just small but strictly zero. Well, I can't imagine many folks racing to embrace that conclusion.

Oh, but wait. Aguirre adds one final sentence: "Yet here we are, contemplating- if not quite understanding- it all.”

 Vangelis, “Cosmos: A Tour of the Universe”

The Daily "Near You?"

Coppenbrügge, Niedersachsen, Germany.
Thanks for stopping by.

The Economy: Greg Hunter, "DOW 6,000 Extreme Sell-Off Coming- Gregory Mannarino”

DOW 6,000 Extreme Sell-Off Coming- Gregory Mannarino”
By Greg Hunter’s USAWatchdog.com

“Trader/analyst Gregory Mannarino called the top of the DOW in May 2015. The market was well over 18,000 then and currently more than 2,000 points lower. Mannarino now says the Dow is going to “6,000–or lower.” Mannarino warns, “People need to be ready for a major, extreme sell-off in equities which are inflated in a bubble.” Mannarino also says that the current stock market is, “the biggest bubble of them all that was inflated by a runaway central bank, and I believe it is bursting now. There is nothing to push this back up.”

On physical gold and silver, Mannarino says, “This year, 2016 is the year for precious metals. I believe we are going to enter a scenario that I call an “X-Wave,” an X-Wave theory that I came up with where we are going to see the stock market drop downward, and then you are going to get a crossover with an upward trajectory of precious metals, and this also will be extreme. All of this has to correct to fair market value. We have nothing but a twisted distorted market that is so out of touch with reality that it is, frankly, mind blowing.  It will correct to fair market value–period. There are no “maybes.” There are no “ifs.” It will correct, and we are seeing it now.”

It’s widely reported that the global economy is dramatically slowing down. Mannarino asks, “So, how can world markets, including the United States, justify their multiples? They can’t do it. It has to correct. We are in a phase that it is correcting to a fair market value. They are expecting some miraculous event to occur where, all of a sudden, the economy of the United States and the world is going to turn around. It’s not going to happen. It’s not going to happen here. The Federal Reserve is going to be forced to do something, and they are going to call it who knows what, but they are not done stimulating and they are not done printing. They are not done from attempting to keep this propped up.”

Mannarino goes on to say, “This is going to make the 2008 event look like child’s play. We are going to drop lower than we did before. The Federal Reserve is out of ammo.  The Fed can go negative interest rate.  Maybe it will put a temporary bottom in this market, but it’s going to hurt the people. There is no doubt about it, the economy of the world is slowing. The U.S. economy is slowing. You can look at metric after metric, Baltic Dry Index, GDP numbers just missed the mark and manufacturing numbers also missed the mark. You can just go on and on and on. I don’t know what kind of proof people need to say Obama is peddling fiction. We are slowing down, and people are going to get hurt here, and I mean hurt badly. It will be way worse than the last meltdown, and this event will not bounce back like it did last time.”

In closing, Mannarino warns, “Bond yields are screaming, and the bond market is warning every single one of us that something is very ugly, and it’s right around the corner. Everybody is going into bonds because it’s the safety play, but the debt is worthless, and at some point, even the bond market is going to price to fair market value. It’s a situation of extreme danger across every single asset class.” (There is much more in the video interview.)

"Join Greg Hunter as he goes One-on-One with Gregory Mannarino of TradersChoice.net."

Satire: "Jeb Hopes to Woo Voters with Ad Featuring Worst President in U.S. History"

"Jeb Hopes to Woo Voters with Ad 
Featuring Worst President in U.S. History"
by Andy Borowitz

NEW HAMPSHIRE (The Borowitz Report)— "The former Florida Governor Jeb Bush is hoping to jump-start his lagging Presidential campaign with a new television ad featuring the worst President in U.S. history, campaign aides confirm. With the crucial New Hampshire primary just hours away, the Bush campaign believes it can finish strong by reminding voters of Jeb’s connection to a man who left the nation in smoldering ruins.

In the ad, which Bush aides are calling “a fantastic closing argument,” Jeb’s ability to keep the United States safe and create peace around the world is praised by the President, whose decisions helped destabilize the Middle East and give rise to ISIS. Across the state, the ad featuring the worst President in U.S. history is making a powerful impression on voters. “It brought back a lot of memories,” Carol Foyler, who lost her house in 2007, said.

With the ad scheduled to air around the clock until primary day, aides to Bush are hoping that the commercial, persuasive as it is, is not too little, too late. “We’re kicking ourselves that we didn’t air this sooner,” one Bush aide said. “An endorsement from the person who presided over the worst economic disaster since the Great Depression confers instant credibility.”

From the "It Just Never Ends" Dept: "No Immediate Threat To The Public..."

CNN, Feb 6, 2016: "A leak at the Indian Point nuclear facility in New York has sent contaminant into the area groundwater, causing radioactivity levels 65,000% higher than normal, Gov. Andrew Cuomo said on Saturday. The groundwater beneath the nuclear plant flows into the Hudson River at a point about 25 miles north of New York City. The NRC plans to send an expert in health physics and radiation protection to the site."

AP, Feb 6, 2016: "It was unclear how much water spilled, but samples showed the water had a radioactivity level of more than 8 million picocuries per liter. The levels are the highest regulators have seen at Indian Point. Contaminated groundwater would likely slowly make its way to the Hudson River, [an NRC spokesman] said. Tritium is a radioactive form of hydrogen that poses the greatest risk of causing cancer when it ends up in drinking water.

News 12 transcript, Feb 6, 2016: “Tonight on News 12 — a radioactive leak at Indian Point sparking a full investigation by the State over concerns of contamination. Officials discover alarming levels of radioactivity at several monitoring wells, with one’s radioactivity increasing by nearly 65,000%. Officials say there is no immediate threat to the public.”
“It would indeed be the ultimate tragedy if the history of the human race proved to be nothing
 more noble than the story of an ape playing with a box of matches on a petrol dump.”
-  David Ormsby-Gore

"How It Really Is"

Network, "You've Got to Get Mad"

“The Global Economy Could Fall Farther and Faster Than Pundits Expect”

“The Global Economy Could Fall Farther and Faster Than Pundits Expect”
by Charles Hugh Smith

“The core narrative of central bank/cartel capitalism is centralized agencies have the power to limit downturns and extend credit-based “good times” almost indefinitely. The centralized power bag of tricks includes fiscal policies such as deficit spending to boost “aggregate demand” in downturns and monetary policies such as lowering interest rates to zero and buying assets, a.k.a. quantitative easing.

If we crawl under the barbed wire and escape the ideological Keynesian Concentration Camp, we find thinkers such as Ugo Bardi, John Michael Greer and Dimitry Orlov, whose work explores the dynamics of collapse, resilience and sustainability. All three have added a great deal to my own (emerging) understanding of the many dynamics of collapse.

We can summarize the dynamics of collapse in many ways; here’s one: collapse is latent fragility manifesting. A familiar (and tragic) health analogy offers an example: a middle-aged man doesn’t appear ill, a bit thick around the middle perhaps, but neither he nor his intimates can see the fragility of his clogged arteries and blood-starved heart. Seemingly “out of the blue,” the man has a massive heart attack and passes from this Earth, to the shock of everyone who knew him.

Financial collapse isn’t “out of the blue,” any more than a heart attack is “out of the blue.” Actions and choices have consequences, and as resilience and redundancy are slowly stripped from complex systems, systemic fragility builds beneath the surface. At some difficult-to-predict point, a threshold is reached and the complex system fails.

In the financial realm, fragility builds as the system relies ever more heavily on marginal lenders, borrowers, buyers and investments for its “growth.” The current “recovery” (smirk) is completely dependent on marginal lenders (China’s shadow banking), borrowers (auto buyers taking subprime 7-year loans), buyers (corrupt Chinese officials buying $3 million homes in Vancouver B.C. with their ill-gotten gains) and investments (empty malls, empty factories, stock buy-backs, etc.).

The problem for “growth” based on the fragile margins is that the entire system becomes fragile as a direct result of this dependence on fragile margins. The current global real estate bubble is predicated on one condition: that the supply of corrupt Chinese officials fleeing China with ill-gotten millions to invest overseas is endless.

But no supply of corrupt officials, even in China, is truly endless, and markets based on this thin edge of corrupt capital will collapse once the corrupt capital dries up. The same can be said of marginal oil production, marginal auto/truck buyers, marginal cafes, marginal malls, etc. When fragile (i.e. highly risky) shadow banking becomes a dominant force in credit, the system itself becomes fragile.

Conventional economists are entirely blind to system fragility. There is no ready Keynesian Cargo Cult econometric formula that measures systemic fragility, so it simply doesn’t exist within conventional economics. This is why financial panics and collapses always appear (like fatal heart attacks) to be “out of the blue” to conventional economics.

I propose that the Global Recession of 2016 will trace the Seneca Cliff as described by Ugo Bardi. This application may not align with Bardi’s own work, and I want to make it clear this application is my own, not Bardi’s. But I think a strong case can be made that the global financial/economic system is primed for a ride down the Seneca Cliff:
Recall that the global “recovery” 2009 – 2015 was entirely based on the expansion of debt taken on by marginal borrowers. Systemic fragility doesn’t respond to central bank jawboning or Keynesian claptrap; unlike those “policy tools,” fragility is real.”
Related:
“The Seneca Effect: Why Decline Is Faster Than Growth”

“Seneca Cliffs Of The Third Kind: How Technological Progress Can Generate A Faster Collapse”

"The Fierce Urgency Of Now..."

“The $10 Trillion US Tax Giveaway– $10 Trillion More Proposed”

“The $10 Trillion US Tax Giveaway– $10 Trillion More Proposed”
by Jack Rasmus

“From 2001 to 2016 US politicians have cut taxes on corporations and wealthy investors by no less than US$10 trillion. Another US$10 is coming. Proposals for more tax cuts now pending in Congress– plus proposals supported by Trump, Cruz, other Republican presidential candidates– will add another US$10 trillion in tax cuts. And, as from 2001 to 2016, the latest proposals will once again benefit mostly US big banks, big corporations, and the wealthiest investors – i.e. the 1 percent and, even more so, the 0.1 percent and 0.01 percent.

Bill Clinton Opens the Door: 1997-1998: It is little known, but the trend toward massive investor and corporate tax cutting in recent decades began with Bill Clinton and his 1997-98 tax cut legislation. The 1997 Act cut taxes by US$400 billion. The wealthiest 20 percent households received 75 percent of the tax cuts or US$300 billion. The Clinton cuts reduced capital gains and estate taxes, cut gift taxes and the corporate alternative minimum tax, and opened up corporate tax loopholes while limiting the IRS ability to investigate wealthy tax evasion. Forty-eight million of the lowest income households got no cuts or saw their taxes actually increased. Another 48 million households got tax cuts averaging US$300. Capital gains taxes were cut by US$200 billion benefiting the wealthiest 1 percent households (1.2 million) who received an average cut of US$16,187, according to the Center for Tax Justice. A follow up tax act in 1998 further restricted the IRS from investigating tax fraud by the wealthy and corporations, while expanding capital gains tax provisions still further. The modern era of tax cutting for the wealthy and their corporations thus begins with Bill Clinton.

George W. Bush ‘The Great Benefactor’: 2001-2008: George Bush wasted no time in blowing open the door unlocked by Clinton. In a succession of annual tax cuts starting in 2001, personal income taxes under Bush were reduced by US$3.3 trillion, according to the independent research source, ‘Tax Notes.’

In 2001, as the ultra-conservative think tank the Heritage Foundation admitted, the 2001 Bush cuts in personal income taxes mostly benefited capital incomes and the 4.7 percent wealthiest households; 95 million U.S. taxpayers received no reductions at all from Bush’s US$1.35 trillion 2001 cuts. Roughly three-fourths of the US$1.35 trillion– i.e. US$1 trillion– went to the wealthiest households, according to the National Tax Journal’s analysis. In 2001, the wealthiest 1 percent households also received another US$138 billion tax windfall in the reduction of Estate and Gift taxes.

In 2002, Bush turned to reducing corporations’ taxes. Faster business depreciation write offs (a tax cut) and more corporate tax loopholes, like ‘net operating loss’, added another US$1 trillion in tax cuts.

In 2003, it was back to more tax cuts for wealthy individuals. Cuts in capital gains and dividend taxes, from 39.5 percent to 15 percent were enacted, faster tax rate cuts at the top levels, and even more generous depreciation and business tax cuts, cut taxes for businesses by another US$400 billion and for mostly wealthy individuals by another US$800 billion.

In 2004 it was tax cuts benefitting mostly the largest U.S. multinational corporations. The 700 page Corporate Tax Reduction Act of 2004 produced, according to the Center for Tax Justice, “the largest business tax relief program in more than a decade”. Many of the dozens of offshore tax sheltering corporate tax loopholes that exist today were born in the 2004 Act, which also provided a ‘tax holiday’ that saved multinationals US$195 billion in back taxes owed, a US$80-$100 billion in export subsidy tax rebates to corporations, deduction of foreign taxes from U.S. taxes, and scores of special tax cut provisions for industries like tech, pharmaceuticals, banks, aircraft leasing, beer and wine, film and entertainment and other special interests. Estimates are the 2004 corporate reductions amounted to another US$500 billion for the decade.

Bush cuts for just his first term in office, add up to wealthiest households, investors, and businesses getting approximately US$3.8 trillion in tax cuts. No wonder U.S. tax revenues from corporations declined to only 6 percent of total government tax revenues, compared to previous averages as high as 20 percent.

With the 2008 crash, Bush and the Democratic Congress passed another US$168 billion emergency tax cuts to try to slow the recession, with little effect. It added another US$50 billion in business tax cuts, along with emergency rebates to consumers.

Obama ‘The Generous’: 2009-2015: Obama’s initial emergency stimulus bill of 2009 called for US$787 billion, about US$315 billion of which were tax cuts and at least US$200 billion in business and investor cuts. Democrats in Congress at the time proposed an additional US$120 billion in consumer household tax cuts, but Obama agreed with his business advisors and Republicans and cut it out of his 2009 stimulus proposals.

In 2010, the Bush tax cuts of 2001-03 were scheduled to expire. However, Obama supported the extension of the cuts for another two years. That resulted in US$450 billion in further tax cuts for investors and corporations.

In August 2011, the Congress cut $1 trillion in spending on education and other social programs, and scheduled another US$1 trillion for cuts starting in 2013– half of which as for defense and half for more social programs. A ‘fiscal cliff’ crisis, as it was called, loomed for 2013 as the US economy slowed. A deal was struck at year-end 2012 between Obama, U.S. House of Representatives Republicans, and conservatives in the U.S. Senate to avoid the so-called ‘fiscal cliff’. As part of that deal, no less than US$4 trillion more in tax cuts were passed– entrenching the Bush tax cuts benefitting corporations and investors with US$3 trillion more for the next decade, and at minimum US$3 trillion forever as the Bush era cuts now became permanent.

Meanwhile, throughout the Obama era, multinational corporations continued to hoard profits offshore and not pay U.S. taxes. Un-repatriated corporate taxes due but not paid rose from US$700 billion during the Bush years to more than US$2.1 trillion by 2014. If one averages the offshore tax avoidance by U.S. multinationals over the Obama years, it averages approximately US$1 trillion a year. If U.S. multinationals had paid the required 35 percent corporate tax rate, if the numerous loopholes created since 2002 were removed, if the ‘tax inversion’ scams since 2014 were not allowed, it would have meant US$350 billion a year for the eight years, or about US$2.8 trillion, in additional taxes paid by multinationals. Or, US$2.8 trillion in what amounts to de facto tax cuts since they were allowed by Bush-Obama and Congresses over the past decade and a half.

Thus, under the Obama regime a total of roughly US$6.5 trillion has been added in tax cuts for wealthy households, investors, multinational corporations, and U.S. business in general. Summing up, that’s US$300 billion from Bill Clinton, US$3.8 trillion from Bush, and US$6.5 trillion under Obama – for a total of at minimum US$10.6 trillion!

However, that mind-boggling total is not the end of it. Candidates now running for office for president of the United States are proposing trillions more in tax giveaways to the 1 percent and their corporations.

The Republican Presidential Candidates: ‘More Is Not Enough’: All the main republican presidential candidates propose cutting wealthy and corporate taxes by well more than US$10 trillion. Here’s just a few of the main proposals of the top 3 Republican candidates:

Ted Cruz: Reduce the personal income tax from 35 percent to 10 percent. Then end the corporate income tax altogether and replace it with a 16 percent business value added tax (VAT) – most of which business would obviously then pass on to consumers to pay. Businesses could also deduct every penny they spend on investments from their taxes owed. Invest it all and pay no taxes whatsoever, in other words. The conservative Tax Foundation has estimated Cruz’s plan would amount to US$768 billion in tax cuts for corporations and the wealthy 1 percent, the latter of whom would see their take home income immediately rise by 30 percent. Other detailed provisions would push it well over US$10 trillion for the next decade.

Marco Rubio: End all taxes on capital gains, dividends, and interest. Reduce the top rate for business incomes from 39.5 percent to 25 percent. (For wage incomes reduce it only from 39.5 percent to 35 percent). The Rubio proposal would have meant the US$5 trillion paid by corporations in stock buybacks and dividends since 2010 would have been totally tax-free for wealthy investor households. So too would the more than US$1 trillion a year in total capital gains every year since 2012. In other words, just the end of capital gains would mean a trillion dollars minimum a year for every year forever. Add to that the 15 percent rate cuts for business income and high end CEO salary tax cuts.

Donald Trump: the Tax Foundation and other sources estimate Trump’s tax cut at US$12 trillion over the coming decade: US$10 trillion in personal income tax cuts and another US$1.5 trillion in corporate tax cuts. Trump reduces the personal income tax top rate from 35 percent to 25 percent and corporate income tax to 15 percent. Trump would eliminate the estate tax (another US$238 billion), the Alternative Minimum Tax that hits the wealthy, and the 3.8 percent Obamacare tax on the wealthiest.

Other ‘wannabe’ Republicans – Carson, Paul, Christy and other assort ‘goofies’ – parrot the same, and more, US$10 trillion in new tax giveaways to the wealthiest, investors and businesses across the board.

It may have taken 15 years to give the first US$10 trillion away. But it looks like it will take less than half that to give the next US$10 trillion.”
Meanwhile...
"Hunger and Poverty Facts
Poverty Statistics in the United States"

"In 2014:
• 46.7 million people (14.8 percent) were in poverty.
• 15.5 million (21.1 percent) children under the age of 18 were in poverty.
• 4.6 million (10 percent) seniors 65 and older were in poverty.
• The overall national poverty rate according to the Supplemental Poverty Measure is 15.3 percent, as compared with the official poverty rate of 14.8 percent.
•Under the Supplemental Poverty Measure, there are 48.4 million people living in poverty, nearly 2 million more than are represented by the official poverty measure (46.7 million)."

And...
"Donald Trump Is Wrong: The True Unemployment Rate Is Not 42%, It's 60%"
From "Forbes" no less!

So... tell me again about "freedom" and "democracy", and Mom and apple pies, 
"We're #1!", and all the rest of those bullshit fairy tales and fables they want you to believe.
Wake up! In the "fierce urgency of now", the gloves come off...
- CP

"No 'Artful Smear.' Clintons Paid $153 Million in Speaking Fees, Analysis Shows"

"No 'Artful Smear.' 
Clintons Paid $153 Million in Speaking Fees, Analysis Shows"
By Common Dreams

"There has been a lot of talk in recent weeks about the speaking fees paid to presidential candidate Hillary Clinton, and an analysis published Saturday sheds some light on exactly how much Wall Street and other major corporate powers ponied up for the former Secretary of State and her husband, President Bill Clinton.

$153 million, CNN concludes, is the amount the power couple raked in between February 2001 and the launch of Hillary Clinton's presidential bid in May 2015. What's more, the Clintons received an average pay of $210,795 for each of the 729 addresses given during that time period.

During Thursday's Democratic debate, Clinton accused her primary challenger Bernie Sanders of an "artful smear" because of his repeated references to her exorbitant speaking fees, particularly those paid by banking giants such as Goldman Sachs.

According to the analysis, Clinton collected at least $1.8 million for at least eight speeches given to big banks, while the pair earned a total of roughly $7.7 million for at least 39 speeches to Wall Street. Clinton has glossed over the content of these speeches. When probed by the moderators during the MSNBC debate as to whether she'd release the transcripts, she said she'd "look into it."

Meanwhile, over 11,000 people have signed a petition calling for the public release of the transcripts and videos of the speeches made to Goldman Sachs. Citing reports that Clinton "used those speeches to make clear that she would let bankers off the hook for their crimes and abuses," the petition asserts the comments made behind closed doors "is at odds with what she publicly tells the rest of us."
Ralph Nader said, "The only difference between the Republican and Democratic parties is the velocities with which their knees hit the floor when corporations knock on their door." I guess Hillary must buy these by the case...
Industrial strength, too... Who owns ya, baby?
;-)

Related:
"Hillary Clinton’s Populist Charade"
http://www.counterpunch.org/