Posts filed under “War/Defense”
To commemorate this most interesting of gilts we have made a film about War Loan – one that tells the economic history of the UK through wars, default, the re-joining and leaving of the gold standard, the inflationary 1970s, the loss of the UK’s AAA credit rating, and finally the deflation that has followed the Great Financial Crisis.
How to Stop Terrorism: 7 Ways to Drain the Swamp In the wake of the barbaric Paris terror attack, everyone is debating how to stop further terrorism. Some say we need more war against Islamic countries … or more spying … or more crackdowns on our liberties. But – despite what the talking heads may…Read More
Overview The Euro has declined to around US$1.19. However, net short speculative positions have, once again, risen to extreme levels, which worries me. Tomorrow’s December EZ CPI inflation data is highly important. The Bloomberg forecast is for a reading of -0.1% Y/Y, as opposed to +0.3% in November. Tomorrow’s FED minutes will also be very…Read More
West Uses Anti-Terror Laws to Murder Farmers, Small-Time Drug Dealers and Low-Level Taliban Members – Poppy Farmers, Drug Couriers and Drug Dealers Spiegel reported yesterday that drug dealers and low-level Taliban members were targeted for death by drone: NATO didn’t just target the Taliban leadership, but also eliminated mid- and lower-level members of the group on…Read More
Since its Christmas Day release on digital networks and in certain independent movie theaters, “The Interview” has pulled in $18 million. More than 2 million people have downloaded the movie about a nonsensical plot to assassinate North Korea’s leader — and that’s before Apple’s iTunes adds the film to its streaming and download catalogs today….Read More
Nice Job Creating Terrorists, You Morons … We’ve previously noted that many members of ISIS were members of Saddam Hussein’s secular Baath Party who converted to radical Islam in American prisons. And we’ve documented that torture creates more terrorists. Indeed, Salon notes: Among the most notable victims of torture was Sayeed Qutb, the founding…Read More
Torture and 9/11 One of the 2 main architects of the American torture program – Air Force psychologist James Mitchell (who personally waterboarded detainees) – still claims that torture produced actionable intelligence: Mitchell, who admitted he is “biased,” said valuable intelligence was obtained, particularly in the case of Abu Zubaydah, who Mitchell said provided interrogators…Read More