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14 HOURS AGO - Zero Hedge

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Beware International Financialization and Global Dirigisme

Courtesy of the SlealthFlation Blog: Like many of our readers, I clearly have a very hard time reconciling a U.S. stock market making new all-time-highs almost daily, especially in the face of what most economists consider to be a weak domestic economy with negligible growth prospects.  Moreover, when you layover the thoroughly stalled and certainly weaker overall global economic picture, it’s even ...

Tags: Beware International Financialization and Global Dirigisme,  Iraq Latest News

16 HOURS AGO - Zero Hedge

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Beware Dangerous Global Dirigisme

Courtesy of the SlealthFlation Blog: Like many of our readers, I clearly have a very hard time reconciling a U.S. stock market making new all-time-highs almost daily, especially in the face of what most economists consider to be a weak domestic economy with negligible growth prospects.  Moreover, when you layover the thoroughly stalled and certainly weaker overall global economic picture, it’s even ...

Tags: Beware Dangerous Global Dirigisme,  Iraq Latest News

17 HOURS AGO - Zero Hedge

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France Releases Video Of Its First Airstrike Against ISIS

Several months ago, when France vehemently opposed canceling the delivery of the Mistral amphibious warship to Russia, its largest bank BNP was "unexpectedly" slapped with a record $9 billion fine by the US Department of Justice for money-laundering. The retaliatory measure was so obvious even Putin opined on the US action: "We know about the pressure which our U.S. partners ...

Tags: France Releases Video Of Its First Airstrike Against ISIS,  Iraq Latest News

SEP 19, 2014 - Zero Hedge

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The Tower Of Babel Comes To Paris: The Folly Of Obama's "War" On ISIS

Submitted by David Stockman via Contra Corner blog, US imperialism was once a fearsome force - mainly for ill. Under the latter heading, Washington’s savage destruction of Vietnam four decades ago comes readily to mind. But now the American Imperium has become just a gong show on the Potomac - even as its weapons have gotten more lethal and its purposes more  spurious and convoluted. There is no more conspicuous proof ...

Tags: The Tower Of Babel Comes To Paris: The Folly Of Obama's "War" On ISIS,  Iraq Latest News

SEP 19, 2014 - Huffington Post

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Disputes Over Spending, War Dog Lame-Duck Congress

By David Lawder WASHINGTON, Sept 19 (Reuters) - The U.S. Congress will face a contentious post-election session in November dominated by a longer-term spending bill and more wrenching questions over President Barack Obama's strategy to defeat Islamic State militants in Iraq and Syria. Lawmakers darted home on Thursday after approving stopgap funding to avert a government shutdown and authorizing the ...

Tags: Disputes Over Spending, War Dog Lame-Duck Congress,  Iraq Latest News