US Political 2018 Midterm Elections

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On the one hand, the Midterm Elections really mean nothing. The Democrats cannot reverse their declining trend since they peaked with FDR, and the Republicans cannot deliver the final death blow to the Democrats to put them out of their Marxist misery. While we have provided the target ranges for the vote, we also have to consider the fact that vote manipulation and rigging will be starting with this election without Russians

It is truly ironic that the Democratic Party was founded by Andrew Jackson to support slavery and then they adopted the Philosophy of Karl Marx to promise Socialism for all. At the end of the day, we end up where we began – endless toxic politics that has turned into bitter hatred which divides the country more so than at any time since the Civil War. All they are doing is creating an equal and opposite reaction from their opponents. The trench between both sides has opened at it is becoming the Political Grand Canyon.

The political climate from here on out looks very dark and grim with no hope of actually returning to any possible form of civility. All we are doing now is waiting for the first shot to be fired that will literally be heard around the world. There will be no return to civility. It will only get worse from here on out. There is no going back. We have actually crossed the point of no return. It is all over. We just have to wait for the fat lady to finish the last song and then the Opera will come to its violent and bitter end. Continue reading

Meyssan: What Donald Trump Is Preparing

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When the backwash from the blades of the Presidential helicopter blew a Marine guard’s cap off, Donald Trump picked it up and put it back on his head.

 

After having observed Donald Trump’s historical references (the constitutional compromise of 1789, the examples of Andrew Jackson and Richard Nixon) and the way in which his partisans perceive his politics, Thierry Meyssan here analyses his anti-imperialist actions. The US President is not interested in taking a step back, but on the contrary, abandoning the interests of the transnational ruling class in order to develop the US national economy.

The problem

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The Clock Is Ticking On The U.S. Dollar As World’s Reserve Currency

The View From Hubbert’s Peak

In 1971, the American President put an end to a 2,500 year trend; the Wall Street Journal called it “Nixon’s Worst Weekend.” Considering the old boy had some really bad ones, this must have been something special. In August of that year (on Friday the 13th) it was decided that the U.S. would no longer pay out gold for its paper dollars. OPEC Ministers took note, and in September they met, deciding it would be necessary to collect more paper dollars, if possible, since gold was no longer on offer and oil was the only asset they had to sell.

The Wizard of Oz

The ultimate irony for this generation of investors is that, despite the occasional obligatory chant about ‘free markets’ and the wonders of capitalism, most of the day is spent obsessing about what the world’s most important central planner will do next. By Supreme Central Planner, I mean, the Fed. Continue reading