David Stockman: The Global Economy Has Entered The Crack-Up Phase

 

Few people understand the global economy and its (mis)management better than David Stockman — former director of the OMB under President Reagan, former US Representative, best-selling author of The Great Deformation, and veteran financier.

David is now loudly warning that events have entered the crack-up phase, which he predicts will be defined by the following 4 developments: Continue reading

That time Ronald Reagan met Vladimir Putin

Ronald Reagan had called the neo-Soviet Union, today’s Soviet Union, the “Evil Empire” for a reason. It hasn’t changed and communism never died because a wall was simply demolished in Berlin. Nor did Reagan have much to do with that either, contrary to popular belief. This also wouldn’t be the first time US politicians have been fooled into not knowing what they’re looking at. It’s downright alarming to know how badly the west is deceived by the Perestroika Deception, and falls for the next trick, over and over again. Only if Reagan knew then that he had met Russia’s future leader of today who was bent on, and currently coming close to, bringing down America.

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In May of 1988, President Reagan traveled to Moscow for a  summit with Mikhail Gorbachev. They rolled out the proverbial red carpet for the U.S. president and repainted buildings and repaved streets.

The most interesting part of the trip, though, was unscheduled and was initially unremarkable. Gorbachev was introducing the president to tourists. When Pete Souza, the photographer, remarked to secret service that he was surprised by the pointed questions, the agent told him that they were all KGB families. Looks like he was right. Continue reading

Iranian Commander Threatens Retaliation if Nuke Sites Struck

A top Iranian military commander said that President Barack Obama will “see the return of the U.S. soldiers’ corpses” should he decide to launch a military strike on Tehran’s disputed nuclear sites, according to regional media reports.

The commander’s threats to kill American servicemen comes just a day after the White House announced that Obama had written a friendly letter to Iranian President Hassan Rowhani asking that the two countries sit down for talks.

“If the Americans, for any reason, embark on a foolish act against the Islamic Republic of Iran, certainly, what they will witness won’t be the return of the U.S. warships but the return of the American bodies to their country,” Islamic Revolutionary Guard Corps naval commander Ali Fadavi said Wednesday according to state-run Fars News Agency. Continue reading