Bracing for Impact,
We are going into a time where collapse of the postwar political economic structure, composed at Bretton Woods in 1947, has been gamed and parasitized as far as it can, while still appearing to live. The Bretton Woods agreement placed the US gold reserves and military at the heart of the trust-based-financial-system. They were the most trustworthy things in 1947. Upon this foundation of trust was debt, more and more debt, because debt was the actual basis of the money. Military and gold were necessary to support enough trust to accept debt as money.
As trust became entrenched and more complacent, and as the world changed, US gold ran out. Oil was eventually and less formally substituted over time, creating the "petro-dollar". This was founded upon US military dominance of oil-production and transport routes, and assuring the cooperation of swing-state producers, Iran and Saudi Arabia, then just mostly Saudi Arabia. Countries like Libya and Iraq, who tried to denominate oil sales in currencies other than US dollars, were destroyed.
Since the 2008 financial crisis, debt has been expanded to answer the problems of unsupportable debt. That game has already passed from decreasing returns, to negative returns, which is vigorously obscured by governments and complicit media. No vested interest wants the game to end. The game will end, anyway. It always does. Then what?
Jordan Greenhall, whose analysis of the political/military insurgency of the "Red Religion" against the "Blue Church", I found so helpful, has 2 articles on Debt Jubilee, and will release a third article soon.
Debt Jubilee 1, Understanding how things have come to be as they are, and how that is.
Debt Jubilee 2, A non-parasitic kind of money is needed, and what a debt jubilee is, isn't, and must include.
Nomi Prins looks at the Goldman Sachs relationships with Franklin Roosevelt and now Donald Trump. Very supportive of both, as you might expect. A World Made By and For Goldman Sachs. This says we must continue upon the current road to crisis.
Acting Attorney General, Sally Yates is fired after failing to support the Trump ban on travelers from countries we bombed, temporary as it was. This is being portrayed as an unpredictable act by President Donald, and it might be, or it might be that creating the impression of unpredictability is important to the strategic action plan going forward.
"Mattis, who stood next to Trump during Friday’s signing ceremony, is said to be particularly incensed. A senior U.S. official said Mattis, along with Joint Chiefs Chairman Joseph Dunford, was aware of the general concept of Trump’s order but not the details. Tillerson has told the president’s political advisers that he was baffled over not being consulted on the substance of the order."
This article says that Congresswoman, Tulsi Gabbard's meeting with Syrian President Assad proves that US President Trump believes that Assad should stay in power. All of this is sensible, but no proof at all is actually presented. It's pure conjecture.
Yes, Trump will pull the US out of the Paris Climate Change Accords. That is pretty clear. (Personally, I think that economic collapse will do what we have never seen such accords do. Politicians cannot fight against a profitable economy. It's a lie. Economic collapse is the only thing we have clearly seen cut CO2 emissions.)
After a pleasant meeting with President Trump, UK PM Theresa May believes that the announcement of intent, triggering Article 50, can still be presented to the EU on March 9, about a month from now. There is certainly dissension in parliamentary ranks, and this might lead to some delays, even some later culling of unfaithful ministers.
Every week or two the front runner in French elections, set for May, changes, but it sure won't be Marine LePen. That much is absolutely certain. (heh, heh, heh :-)
President Trump's likely EU Ambassador was somewhat instrumental in collapsing the Soviet Union, and envisions providing similar services in this new post.
President Obama ordered the :"extrajudicial" killing of a 15 year old American boy in Yemen. President Trump just gave the order that killed his 8 year old sister, shot in the neck by Navy SEALs. She was one of many women and children killed in this mini-invasion of Yemen to steal some computers, which might have important intelligence information.
"Lessons For The Resistance, from The Bush Resistance", Ian Welsh
So Obama got in power, he bailed out the banks, he fucked over ordinary home-owners, he increased deportations and ramped up drone assassinations. He was far harsher on whistleblowers than Bush had been and he re-signed all the bad bills when the time came, like the Patriot Act and the AUMF, which had given Bush massive executive power and carte-blanche to spy, and assassinate, and go to war.
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