The furor unleashed by the remarks of President Donald Trump in response to Fox News commentator Bill O’Reilly’s calling Russian President Vladimir Putin “a killer” during an interview broadcast Sunday has continued to reverberate.
In response to O’Reilly’s denunciation of Putin, Trump stated: “There are a lot of killers. We’ve got a lot of killers. What, do you think our country’s so innocent?”
Trump went on to cite Iraq in support of his statement. O’Reilly’s face went slack. He clearly did not know what to say. The new leader of the “Free World” had wandered seriously off message.
As far as the capitalist politicians of both parties and the media are concerned, Trump committed an unpardonable offense: he—in this one instance, and for purely pragmatic reasons related to his immediate political needs—had said something true about US imperialism’s role in the world. Thanks, Tom.
California Representative Maxine Waters shows group loyalty and denounces Trump and Putin roundly.
"How can a president, who is acting in the manner that he's acting, whether he's talking about the travel ban, the way that he's talking to Muslims, or whether he's talking about his relationship to Putin, and the Kremlin -- and knowing that they have hacked our D-triple-C -- DNC, and knowing that he is responsible for supplying the bombs that killed innocent children and families in, um – in, um– yeah, in Aleppo,"
The White House considers designating Iran's Revolutionary guard, military unit, a "terrorist group", which would retroactively validate the administration claim that Iran is the #1 supporter of terrorism, despite the fact that these guys are very effectively fighting ISIS and other real terrorists in Syria. (The CIA "Dirty Tricks" department might qualify...)
"IMF, Please Put Greece Out of Its Misery", Mish Shedlock discusses the austerity imposed on Greeks, for some shady deals between their former leaders and Goldman Sachs, which hid Greek borrowing at a great cost, to get Greece into the EU. Greeks have been totally betrayed by their former government, and Goldman Sachs was doing what Goldman Sachs always does. Greeks have to keep living like the Great Depression (see graph) while generating a 3.5% government surplus in taxes forever. Greek government debt ideal projections show it being 275% of GDP in 2060. Financing it will take 62% of GDP by then. "Inconceivable", right?
Yves Smith looks at the same issue, the utter impossibility of Greece being able to keep digging this hole to China. The IMF really wants out of this futile role, and has clearly stated it's futility. Will Trump let them out of the next charade? German banks have to be paid. That's the bottom line. Banks and taxpayers cannot write off bad loans. (Goldman Sachs is ok, of course. Goldman took fees and left a decade ago.) http://www.nakedcapitalism.com/2017/02/will-trump-administration-let-imf-escape-next-greek-bailout.html
Israeli MPs vote to retroactively legalize 4000 Jewish houses built illegally (even under Israeli law) on Palestinian land.
Israelis attack Palestinians in Gaza with rockets and aircraft. Gaza has been under siege/blockade, an open air prison, since 2007.
"The attacks came after the Israeli army claimed that a rocket fired from the Gaza Strip had hit open terrain in Ashkelon, without causing any injuries or damage."
On the same day that Betsy DeVos is (barely) approved as Secretary of Education, Kentucky Representative Thomas Massie introduces a bill to eliminate the Department of Education completely on December 31, 2018. Here's the whole bill: "The Department of Education shall terminate on December 31, 2018"
That's a school holiday, anyway... http://www.zerohedge.com/news/2017-02-07/house-republican-introduces-bill-abolish-dept-education-same-day-devos-confirmed-run
The Army Corps of Engineers, under orders from Commander-in-Chief Trump, approves the Dakota Access pipeline along the same route and cancels environmental impact studies. http://www.reuters.com/article/us-north-dakota-pipeline-idUSKBN15M2DU
Ed Dolan presents a Libertarian argument for a Universal Basic Income (less wasteful, less complicated, eliminates perverse incentives)
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