By Mehreen Khan. The world’s tentative experiment with negative interest rates got off to an unremarkable start.
Sweden’s Riksbank – the world’s oldest central bank – became the first major monetary authority to cross the rubicon and take its main policy rate into the red exactly a year ago to the month.
The Riksbank’s move followed the likes of Switzerland and Denmark, who had turned negative in a bid to stimulate flagging inflation and halt the punishing appreciation of their currencies.
But the introduction of sub-zero rates caused no immediate panic that central bankers were “losing control”.
Neither did they seem to produce deleterious economic effects in their host countries, as savers continued to keep their money deposited in banks rather than fleeing for the safety of cash. Commercial lenders, meanwhile, adjusted their business models to help maintain profitability. (Read more from “Negative Central Bank Interest Rates Now Herald New Danger for the World” HERE)
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Central Bankers ‘Don’t Have a Clue’ – Jim Rogers
By Alanna Petroff. Famed investor Jim Rogers is warning that financial Armageddon is just around the corner, and it’s being fueled by moronic central bankers.
“We’re all going to pay a horrible price for the incompetence of these central bankers,” he said Monday in a TV interview with CNNMoney’s Nina dos Santos. “We got a bunch of academics and bureaucrats who don’t have a clue what they’re doing.”
The Singapore-based American investor said central bankers are doing everything they can to prop up financial markets, but it’s all for naught. He predicts their unconventional monetary strategies will lead to a stock market rally in the near future, but deep trouble later this year and into 2017.
“This is going to be a disaster in the end,” he said. “You should be very worried and you should be prepared.” (Read more from “Central Bankers ‘Don’t Have a Clue’ – Jim Rogers” HERE)
https://joemiller.us/wp-content/uploads/dollar-726882_960_720.jpg678960Joe Millerhttps://joemiller.us/wp-content/uploads/logotext.pngJoe Miller2016-02-15 23:53:432016-04-11 10:52:38Negative Central Bank Interest Rates Now Herald New Danger for the World
Officials at a Pennsylvania high school are on the defensive after two students took pictures of themselves proudly desecrating the American flag in class.
Johnstown parents want to know how it was possible for students at Richland Township High School to stand on the American flag during school hours, brag about it by raising a middle finger to the camera, and then share it on social-media platforms.
“After you teach your students the history of America and everything that flag represents, feel free to offer them the option to move to any other country in the world that they feel would fit their needs. I know over 30,000 Navy veterans that would probably be happy to provide them with a one way ticket,” Marie Ellsworth wrote on the school’s Facebook page on Sunday.
“Disgusting. Insulting to those who gave their life for our country. Spoiled brats. Welcome them to go to another country,” said Sharon Fetterman Fiala . . .
“The message this picture sends is not justification to punish the students so the school needs to tread very carefully here,” ACLU of Pennsylvania legal director Witold Walczak told the NBC affiliate. He said it would “probably” be feasible to punish the students for vandalizing school property. (Read more from “Students Stand on, Flip off American Flag in Class” HERE)
https://joemiller.us/wp-content/uploads/flag-standing-middle-finger-600.jpg328600kathleenhttps://joemiller.us/wp-content/uploads/logotext.pngkathleen2016-02-15 23:53:052016-04-11 10:52:38Students Stand on, Flip off American Flag in Class
Legal marriage is a public institution, created by law to promote public policy and to further social interests including especially the well-being of members of society. – particularly of children, mothers and families. Marriage has great significance for many important private interests, as well, such as for religion, for family ties, family history, and especially for personal identity.
What is deemed a marriage for purposes of the law may differ from what is deemed marriage for other purposes, such as for a specific academic discipline (such as sociology or ancient history, for example), or for a particular religious faith, private association, ethnic community, or for a specific set of cultural elites, etc. Just because a union is or is not deemed a legal marriage, this does not prevent any social subgroups from considering it a marriage (or a non-marriage) for their own (extra-legal) purposes.
The battle of what marriage means in the law can be seen from one important perspective as a battle among special interest groups each seeking to have their preferred understanding of marriage endorsed by the law and implemented in the law. Behind the marriage debate are political-economic interests.
Obsolescence is relevant. That is, if a huge gap opens up between the law and the moral order of society, one or the other must change or law risks becoming irrelevant. This “gap” also has profound significance for the legitimacy of the law. The very legitimacy of the law and even possibly the legitimacy of the legal system and its institutions (e.g., the courts, the legislature, the government) will be undermined if the law becomes obsolete. Thus, if legal marriage deviates profoundly from social understanding of marriage, both the institution of marriage and society in general are harmed. (Read more from “Same-Sex Marriage Is Constitutionally Illegitimate, the Result of an Anti-Democratic Litigation Campaign” HERE)
https://joemiller.us/wp-content/uploads/320px-Rainbow_flag_breeze.jpg213320Joe Millerhttps://joemiller.us/wp-content/uploads/logotext.pngJoe Miller2016-02-15 23:52:382016-04-11 10:52:38Same-Sex Marriage Is Constitutionally Illegitimate, the Result of an Anti-Democratic Litigation Campaign
Doctors battling to combat cancer have hailed a revolutionary treatment that teaches the body how to kill the disease itself.
Trials of immunotherapy showed remarkable results with 94% of terminal leukaemia patients told they had just months to live going into remission.
And more than half of 40 suffering other blood cancers were left disease-free, according to US researchers.
The treatment could reduce the reliance on chemotherapy, which has debilitating toxic side-effects.
In a second major breakthrough, an Italian study found the therapy could be used to develop a vaccine-style drug that stops the disease coming back after it has been successfully treated. (Read more from “Doctors Battling to Stop Cancer Hail Revolutionary Treatment” HERE)
There are more slaves today than at any time in human history, reported Benjamin Skinner, a fellow at the Carr Center for Human Rights Policy at Harvard Kennedy School of Government. An estimated 27 million people in the world are forced to work, held through fraud, under threat of violence, for no pay beyond subsistence, in forced marriages, in sex-trafficking and prostitution.
Though mostly illegal and called by different names, slavery nevertheless exists today in India, Pakistan, Nepal, Bhutan, Southeast Asia, Romania, Sudan, Haiti, Brazil, Latin America, and even in the United States.
It was reported in Time magazine, Jan. 18, 2010: “Despite more than a dozen international conventions banning slavery in the past 150 years, there are more slaves today than at any point in human history.”
Ancient cultures made slaves of those captured during wars in Egypt, Babylon, Persia, Greece, China, India, Africa and Rome. Julius Caesar conquered in Gaul and brought so many captured “slavic” peoples into to Rome that the term “slav” took the connotation of permanent servant – “slave.” Over half of Rome’s population were slaves.
Another form of slavery was generational indebtedness, spread by Roman Emperor Diocletian. The Roman economy was so bad that people unable to pay their mortgages abandoned their properties, renounced their Roman citizenship and went off to live with the barbarians. Diocletian made it so people could never be free from their debts, tying them and their children to the land in perpetuity, creating the feudal system. (Read more from “More Slaves Today Than at Any Time in History” HERE)
https://joemiller.us/wp-content/uploads/James_Hopkinsons_Plantation_Slaves_Planting_Sweet_Potatoes.jpg673924Joe Millerhttps://joemiller.us/wp-content/uploads/logotext.pngJoe Miller2016-02-15 23:51:402016-04-11 10:52:38More Slaves Today Than at Any Time in History
Before George Washington’s birthday was hijacked and replaced with a generic “Presidents Day,” February 22 was a day to celebrate the father of our country. Because Washington refused to become king and instead opted to humbly serve his country as its first elected president, the observance of his birthday is really a celebration of our Constitution and the entire republican system of governance upon which our nation depends. In that sense, Presidents Day is truly a day to recognize we are a Republic, not a monarchy.
In a revolutionary break from the rest of the 18th century political world, the newly-crafted Constitution vested the president with executive authority to “faithfully executive the laws,” not craft the laws. When contrasting the power of a king from that of a president, Alexander Hamilton wrote in Federalist #69 that “[T]he one [a president] can confer no privileges whatever; the other [a king] can make denizens of aliens, noblemen of commoners; can erect corporations with all the rights incident to corporate bodies.”
How far we have fallen that we now have a president who confers all sorts of privileges including “making denizens of aliens;” the very example of legislative authority Hamilton promised the people of New York would not be vested in the office of chief executive.
Although the power of the presidency was not to have any semblance of the power of the king, our Founders still felt that the faithful execution of the laws was a grave task that should only be vested in one man and in a man of faith.
In defending the decision by the Constitutional Convention to vest the executive authority in one man instead of a tribunal, the great James Wilson said the following during debate at the Pennsylvania Ratification Convention:
“[h]e cannot act improperly, and hide either his negligence or inattention; he cannot roll upon any other person the weight of his criminality; no appointment can take place without his nomination; and he is responsible for every nomination he makes.”
[Listen to a recent interview with the author:]
Hamilton in Federalist #70 explained the need for a one-man executive as such:
It is evident from these considerations, that the plurality of the Executive tends to deprive the people of the two greatest securities they can have for the faithful exercise of any delegated power, first, the restraints of public opinion, which lose their efficacy, as well on account of the division of the censure attendant on bad measures among a number, as on account of the uncertainty on whom it ought to fall; and, second, the opportunity of discovering with facility and clearness the misconduct of the persons they trust, in order either to their removal from office or to their actual punishment in cases which admit of it.
However, the Founders never envisioned two problems: the creation of political parties and the decline of religion and virtue among our civil society.
Political parties have rendered the desideratum of separation of powers and checks and balances moot. The legislature can no longer properly check a lawless executive because it is most often comprised of enough party loyalists who will operate in tandem with the president instead of as a separate body of government.
Moreover, we have lost a sense of how important religious virtue is for both the president and the people as a whole. The man we celebrate this time of year, our very first president, devoted the largest share of his seminal farewell address to the importance of religion and virtue:
Of all the dispositions and habits which lead to political prosperity, religion and morality are indispensable supports. In vain would that man claim the tribute of patriotism, who should labor to subvert these great pillars of human happiness, these firmest props of the duties of men and citizens. The mere politician, equally with the pious man, ought to respect and to cherish them. A volume could not trace all their connections with private and public felicity. Let it simply be asked: Where is the security for property, for reputation, for life, if the sense of religious obligation desert the oaths which are the instruments of investigation in courts of justice ? And let us with caution indulge the supposition that morality can be maintained without religion. Whatever may be conceded to the influence of refined education on minds of peculiar structure, reason and experience both forbid us to expect that national morality can prevail in exclusion of religious principle.
When the president no longer believes religion is needed to maintain morality and when much of the society agrees with that view, there is nothing keeping the most powerful man in the country from acting despotically. Yet ironically, and thankfully for all of us, the one president who could have been a king was guided by the religious virtues to place the interests of the republic over his own power or ambition. Nobody expressed the importance of George Washington better than Calvin Coolidge during a 1927 speech honoring our first president:
His was the directing spirit without which there would have been no independence, no Union, no Constitution, and no Republic. His ways were the ways of truth. He built for eternity. His influence grows. His stature increases with the increasing years. In wisdom of action, in purity of character, he stands alone. We can not yet estimate him. We can only indicate our reverence for him and thank the Divine Providence which sent him to serve and inspire his fellow men.
[Listen to a recent interview with the author:]
We can only hope and pray that in 339 days our society is virtuous enough to elect a president who is endowed with a fraction of Washington’s religious virtue and guiding principles. (For more from the author of “Presidents Day Is Really About Honoring the Legacy of One Man” please click HERE)
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By Eva Ruth Moravec, Sari Horwitz and Jerry Markon. In the cloistered chambers of the Supreme Court, Justice Antonin Scalia’s days were highly regulated and predictable. He met with clerks, wrote opinions and appeared for arguments in the august courtroom on a schedule set months in advance.
Yet as details of Scalia’s sudden death trickled in Sunday, it appeared that the hours afterward were anything but orderly. The man known for his elegant legal opinions and profound intellect was found dead in his room at a hunting resort by the resort’s owner, who grew worried when Scalia didn’t appear at breakfast Saturday morning.
It then took hours for authorities in remote West Texas to find a justice of the peace, officials said Sunday. When they did, Presidio County Judge Cinderela Guevara pronounced Scalia dead of natural causes without seeing the body — which is permissible under Texas law — and without ordering an autopsy. . .
One of two other officials who were called but couldn’t get to Scalia’s body in time said that she would have made a different decision on the autopsy. (Read more from “Confusing, Conflicting Reports Surround Antonin Scalia’s Death” HERE)
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Scalia Found Dead With ‘Pillow Over His Head’
By WND. Since Justice Antonin Scalia was found dead in his resort hotel room at Cibolo Creek Creek Ranch on Saturday, questions have been flying about the immediate declaration of “natural causes” as the means of death.
According to the ranch owner, Scalia was described as “animated and engaged” during dinner Friday night. He was one of three dozen invitees to an event unrelated to law or politics . . .
Houston businessman John Poindexter, who owns the 30,000-acre luxury ranch, told the San Antonio Express-News: “He was seated near me and I had a chance to observe him. He was very entertaining. But about 9 p.m. he said, ‘It’s been a long day and a long week, I want to get some sleep.’”
Poindexter knocked on Scalia’s door about 8:30 the next morning. The door was locked and the judge did not answer. Three hours later, Poindexter returned from an outing and determined Scalia was still missing.
“We discovered the judge in bed, a pillow over his head. His bed clothes were unwrinkled,” said Poindexter. (Read more from “Scalia Found Dead With ‘Pillow Over His Head'” HERE)
https://joemiller.us/wp-content/uploads/Antonin_Scalia_official_SCOTUS_portrait_crop.jpg13081046Joe Millerhttps://joemiller.us/wp-content/uploads/logotext.pngJoe Miller2016-02-14 23:39:252016-04-11 10:52:39Confusing, Conflicting Reports Surround Antonin Scalia’s Death; Found With a Pillow OVER His Head
Mere minutes after the terrible news of Supreme Court judge Antonin Scalia’s death broke across social media, left-wingers took to Twitter to gloat and spew:
[Warning: Graphic Language]
Fuck you, Scalia. Rot in hell. Learn the law while you down there, bitch. *spitshttps://t.co/XZfdZeAh5b
A few minutes after the hate wave came a stream of tweets from libs voting on their preferred replacement. Loretta Lynch? Eric Holder? Nope. The top vote-getter appears to be…Obama himself.
350,000 soldiers, 20,000 tanks, 2,450 warplanes and 460 military helicopters are massing in northern Saudi Arabia for a military exercise that is being called “Northern Thunder”. According to the official announcement, forces are being contributed by Saudi Arabia, the United Arab Emirates, Egypt, Jordan, Bahrain, Sudan, Kuwait, Morocco, Pakistan, Tunisia, Oman, Qatar, Malaysia and several other nations. This exercise will reportedly last for 18 days, and during that time the airspace over northern Saudi Arabia will be closed to air traffic. This will be the largest military exercise in the history of the region, and it comes amid rumors that Saudi Arabia and Turkey are preparing for a massive ground invasion of Syria.
If you were going to gather forces for an invasion, this is precisely how you would do it. Governments never come out and publicly admit that forces are moving into position for an invasion ahead of time, so “military exercises” are a common excuse that gets used for this sort of thing.
If these exercises are actually being used as an excuse to mass forces near the northern Saudi border, then we should expect an invasion to begin within the next couple of weeks. If it happens, we should expect to see the Saudi coalition storm through western Iraq and into Syria from the south, and it is likely that Turkey will come in from the north.
The goal would be to take out the Assad regime before Russia, Iran and Hezbollah could react. For the past couple of years, Saudi Arabia, Turkey and their allies have been funding the Sunni insurgency in Syria, and they were counting on those insurgents to be able to take down the Assad regime by themselves.
You see, the truth is that ISIS was never supposed to lose in Syria. Saudi Arabia and her allies have been funneling massive amounts of money to ISIS, and hundreds of millions of dollars of ISIS oil has been shipped into Turkey where it is sold to the rest of the world.
The major Sunni nations wanted ISIS and the other Sunni insurgent groups to take down Assad. In the aftermath, Saudi Arabia and her allies intended to transform Syria into a full-blown Sunni nation.
But then Russia, Iran and Hezbollah stepped forward to assist the Assad regime. Russian air support completely turned the tide of the war, and now the Sunni insurgents are on the brink of losing.
Aleppo was once the largest city in Syria, and Sunni insurgents have controlled it since 2012. But now relentless Russian airstrikes have made it possible for Syrian, Iranian and Hezbollah ground forces to surround the city, and it is about to fall back into the hands of the Syrian government.
If this happens, the war will essentially be over.
Saudi Arabia, Turkey and their allies have invested massive amounts of time, money and effort into overthrowing Assad, and they aren’t about to walk away now.
If the war was to end right at this moment, a weakened Assad regime would remain in power, and Iran and Hezbollah would be the dominant powers in the country for years to come. And once Assad died, it would be inevitable that Iran and Hezbollah would attempt to transform Syria into a full-blown Shiite nation. This is something that Saudi Arabia and Turkey want to avoid at all costs.
So they are actually considering what was once absolutely unthinkable – a massive ground invasion of Syria.
But if Saudi Arabia, Turkey and their allies go in, they run the risk of a full-blown war with Russia, Iran and Hezbollah. Just consider some of the comments that we have seen in recent days…
Reacting to a potential troop deployment, Syrian Foreign Minister Walid al-Muallem said Saturday, “Let no one think they can attack Syria or violate its sovereignty because I assure you any aggressor will return to their country in a wooden coffin.”
Pavel Krasheninnikov, a deputy of Russia’s State Duma, has warned Saudi Arabia that any military ground operation in Syria without Damascus’ consent would amount to a declaration of war, Press TV reported.
We could literally be looking at the spark that sets off World War 3. I can’t believe that Saudi Arabia and Turkey are actually considering this.
And if it does happen, you can rest assured that Barack Obama gave them the green light to go in.
Unfortunately, it sounds like the decision may have already been made. Just consider what Turkish Foreign Minister Mevlut Cavusoglu is saying…
“If we have such a strategy, then Turkey and Saudi Arabia may launch a ground operation,” he added, fueling concerns that a foreign troop invasion may soon further complicate the already turbulent situation in the war-torn country.
Earlier, Saudi Arabia, Bahrain and the UAE voiced their readiness to contribute troops for a ground operation in Syria on the condition that the US would lead the intervention. Damascus and its key regional ally, Iran, warned that such a foreign force would face strong resistance.
And in addition to all of the forces massing in northern Saudi Arabia, the London Independent is reporting that the Saudis have sent troops and aircraft to a military base in Turkey…
Saudi Arabia is sending troops and fighter jets to Turkey’s Incirlik military base ahead of a possible ground invasion of Syria.
The Turkish foreign minister, Mevlut Cavusoglu, confirmed the deployment in a statement to the Yeni Şafak newspaper on Saturday, days before a temporary ceasefire is due to come into force.
There are reports that Saudi officials are saying that the decision to send in ground troops is “irreversible”, and Reuters is reporting that the Syrian government claims that some Turkish troops have already entered the country…
The Syrian government says Turkish forces were believed to be among 100 gunmen it said entered Syria on Saturday accompanied by 12 pick-up trucks mounted with heavy machine guns, in an ongoing supply operation to insurgents fighting Damascus.
“The operation of supplying ammunition and weapons is continuing via the Bab al-Salama crossing to the Syrian area of Azaz,” the Syrian foreign ministry said in a letter to the U.N. Security Council published by state news agency SANA.
Of course the Turkish government is not going to confirm that report, but what we do know is that Turkey is shelling Kurdish forces on the Syrian side of the border. The funny thing is that these Kurdish forces are actually being supported and supplied by the U.S. government.
So the Turks are not supposed to be doing this, but according to Reuters they have been doing it for two days in a row anyway…
The Turkish army shelled positions held by Kurdish-backed militia in northern Syria for a second day on Sunday, killing two fighters, the Syrian Observatory for Human Rights monitoring group said.
Turkey on Saturday demanded the powerful Syrian Kurdish YPG militia withdraw from areas that it had captured in the northern Aleppo region in recent days from insurgents in Syria, including the Menagh air base. The shelling has targeted those areas.
The hostility between Turkey and the Kurds goes back a long, long way. The Syrian Kurds are not threatening Turkey in any way right now, but Turkey is using the instability in the region as an excuse to lob artillery shells at a hated enemy. It is an act of naked aggression that the Obama administration should be loudly denouncing.
In addition, it is being reported that Syrian government forces have also been getting shelled by the Turkish military…
Anatolia news agency reported that the Turkish military hit Syrian government forces on Saturday, adding that the shelling had been in response to fire inflicted on a Turkish military guard post in Turkey’s southern Hatay region.
Turkish artillery targeted Syrian forces again late on Saturday, according to a military source quoted by RIA Novosti. The attack targeted the town of Deir Jamal in the Aleppo Governorate.
Needless to say, the Russians are quite alarmed by all of this.
In fact, Russian Prime Minister Dmitry Medvedev is warning about what could happen if things spiral out of control…
In the wake of Saudi Arabia’s proposal to send in ground troops on Thursday, the Russian Prime Minister claimed the move could spark a new world war.
“A ground operation draws everyone taking part in it into a war,” he told the Handelsblatt newspaper.
“The Americans and our Arab partners must consider whether or not they want a permanent war.”
If Saudi Arabia, Turkey and their allies launch an invasion and make a mad dash to take out the Assad regime in Damascus, the Russians will inevitably respond.
And if tactical nuclear weapons are necessary to keep the invading forces out of Damascus, the Russians will not be shy about using them.
I don’t know if I have ever seen a scenario which was more likely to initiate World War 3 than the one that we are watching unfold right now.
So what has the mainstream media been saying about all of this?
Incredibly, they have been almost entirely silent. When he went looking for news about these events, James Bailey could find almost nothing on either Fox News or CNN…
I just visited the home page for Foxnews.com and found not one single mention of the insane events now unfolding in the Middle East. I could not believe it, so I used my Find tool to search for Syria and Saudi Arabia. Not one mention!
Of course that could change at any moment, but nothing there when I checked. Their stories were all about the meaningless Presidential election, which has already been decided regardless of what we think about it, and other stories about entertainment, sports, Congressional political theater, etc.
So I went to CNN and found just about the same thing with one news story about the Syrian cease fire, but when I read it there was no mention of any of the big events that have developed this week. This is truly an amazing media blackout!
But Fox News does have space to run headlines like these…
–Spanish man skipped work for 6 years, still got paid
–48 people rescued from stuck tram cars at New Hampshire ski resort
–Lovelorn elephant takes out his rage on more than a dozen cars
And CNN apparently thinks that these news stories are more important than the potential beginning of World War 3…
–Kanye West drops album, says he’s $53 million in debt
–Dutch cops train eagles to hunt drones
–Teen hands out 900 flowers to girls at school
If Saudi Arabia, Turkey and their allies are going to conduct an invasion of Syria, the most likely time for this to happen will be by the end of this month during these military exercises.
If we can get to March 1st and no invasion has happened yet, perhaps we can breathe a little sigh of relief.
But if it does happen, and the Russians and the Iranians decide to shoot back, it really could be the start of World War 3.
If you have not been paying attention up until now, you need to start, because this could literally change everything. (For more from the author of “World War 3 Could Start This Month: 350,000 Soldiers in Saudi Arabia Stand Ready to Invade Syria” please click HERE)
https://joemiller.us/wp-content/uploads/War-Soldiers-Public-Domain-460x276.jpg276460Joe Millerhttps://joemiller.us/wp-content/uploads/logotext.pngJoe Miller2016-02-14 23:37:112016-04-11 10:52:39World War 3 Could Start This Month: 350,000 Soldiers in Saudi Arabia Stand Ready to Invade Syria
An exasperated Hillary Clinton wondered how to keep her husband in check after a newspaper report questioned her husband’s loyalty to President Obama and suggested Bill could cost him re-election in 2012, a newly released State Department e-mail revealed.
State Department counselor and Hillary friend Cheryl Mills sent her a Washington Post story headlined, “Bill Clinton’s ego could cost Obama in November,” on June 6, 2012.
“What can be done?” Clinton replied less than two hours later.
The exchange was one of a new batch of 550 private e-mails the State Department released Saturday. Of those, 84 were labeled “confidential,” the lowest level of classification. Three others, detailing Clinton’s role in some of the most pressing foreign-policy crises of the Obama administration, were classified “secret” . . .
The three “secret” e-mails revealed Saturday dealt with the former Secretary of State’s doing damage control after a US raid killed Osama bin Laden on May 2, 2011 and an Egypt-Israeli border conflict at the Sinai Peninsula in August 2012. (Read more from “Hillary Anxious About Bill’s Loyalty During Election: Emails” HERE)
