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Contra Club

Imperial Washington During 2014: The Good, the Bad, and the Ugly

Potentially even more destabilizing is the advent of a new cold war with Russia: our regime change campaign in Ukraine, which succeeded in overthrowing the democratically elected government, has resulted in a full-scale civil war in which thousands have been killed. Air strikes on civilian population centers by the “pro-Western” Kiev regime are routine, while the Western media – so quick to focus on the suffering of the Yazidis, the Darfurians, etc. – turns a blind eye.

The Real Meaning of the 1914 Christmas Truce—-Most People Do Not Wish To Kill For The State

The encouraging message we should take from the Christmas Truce of 100 years ago is that given the opportunity, most humans do not wish to kill each other. As Nazi leader Hermann Goring said during the Nuremberg war crimes trials, “naturally, the common people don’t want war; neither in Russia nor in England nor in America, nor for that matter in Germany.” But, as he added, “the people can always be brought to the bidding of the leaders. That is easy. All you have to do is tell them they are being attacked and denounce the pacifists for lack of patriotism and exposing the country to danger. It works the same way in any country.”

Central Bankers At Work: Money Dies In Japan, Markets Chaotic In Europe

Untitled

The global credit markets are unified in their total revulsion of current conditions, a proper reflection of monetarism as a theory and how its distortions create the circumstances for nothing but continued and worsening function thereafter. The preponderance of screwed up finance and curves tells you everything you need to know about “unexpected” economic retrenching. Unfortunately, there is proportionality here as well, since the more screwed up these financial indications become the more we can expect the same about the economy.

Contra News & Views

What Obama’s R2P Doctrine Wrought In Libya: Warlord Mayhem And Economic Desolation

For three years, Libya has been without a functioning government, police force, or army. The country has been ripped apart by warring fiefdoms of ex-rebels who helped oust Qaddafi but have since directed politics with AK-47s and anti-aircraft guns. This summer, as the battle lines began to harden, two rival factions have emerged to vie for control of Libya: On one side is the newly elected parliament that has been banished to the eastern city of Tobruk — supported by the fractured remains of Qaddafi soldiers who defected during the uprising, as well as regional powers like Egypt, Saudi Arabia, and the United Arab Emirates. On the other side is Libya Dawn, a self-described revolutionary coalition of militiamen and Islamist-leaning politicians that originated in the Western city of Misrata, allegedly backed by Turkey and Qatar.

Central Bankers At Work: Money Dies In Japan, Markets Chaotic In Europe

Untitled

The global credit markets are unified in their total revulsion of current conditions, a proper reflection of monetarism as a theory and how its distortions create the circumstances for nothing but continued and worsening function thereafter. The preponderance of screwed up finance and curves tells you everything you need to know about “unexpected” economic retrenching. Unfortunately, there is proportionality here as well, since the more screwed up these financial indications become the more we can expect the same about the economy.