by Jason Simpkins, Outsider Club:
Russia is in dire straits.
We all know that at this point. The collapse of its currency, the ruble, dominated the news cycle earlier this week. And to be honest, it was hard not to enjoy it.
After all, this is what Vladimir Putin has been asking for.
Despite all of his denials and propaganda, Russia invaded Ukraine and took Crimea.
For months now, Putin has thumbed his nose at the West, scoffing at sanctions, ignoring ceasefires, playing up his ties with China, and brandishing his country’s nuclear arsenal. He sent warships to Australia, fighter jets to the Caribbean, and submarines to Sweden.
Surely, the punchline is that even a tiny backwater, dictatorship can now make fun of US “moral high ground” courtesy of the recent CIA torture disclosure. “We have a way to prove that we have nothing to do with the case without resorting to torture, as what the C.I.A. does,” the North Korea statement said. Oops.
image credit: aun-tv.com
by Dmitry Babich, The News Doctors:
Oil prices have fallen by half since late June. This is a significant development for the oil industry and for the global economy, though no one knows exactly how either the industry or the economy will respond in the long run. Since it’s almost the end of the year, perhaps this is a good time to stop and ask: (1) Why is this happening? (2) Who wins and who loses over the short term?, and (3) What will be the impacts on oil production in 2015?
1. Why is this happening?: Euan Mearns does a good job of explaining the oil price crash here. Briefly, demand for oil is softening (notably in China, Japan, and Europe) because economic growth is faltering. Meanwhile, the US is importing less petroleum because domestic supplies are increasing—almost entirely due to the frantic pace of drilling in “tight” oil fields in North Dakota and Texas…
by Ellen Brown, Web of Debt:
The sudden dramatic collapse in the price of oil appears to be an act of geopolitical warfare against Russia. The result could be trillions of dollars in oil derivative losses; and the FDIC could be liable, following repeal of key portions of the Dodd-Frank Act last weekend.
Senator Elizabeth Warren charged Citigroup last week with “holding government funding hostage to ram through its government bailout provision.” At issue was a section in the omnibus budget bill repealing the Lincoln Amendment to the Dodd-Frank Act, which protected depositor funds by requiring the largest banks to push out a portion of their derivatives business into non-FDIC-insured subsidiaries.
Hey government and mainstream, lapdog establishment media: I thought we were supposed to be afraid of ISIS… Now it’s North Korea?
What a ridiculous reality we live in.
Right now the mainstream media is flooding the news cycle with story after story trying to rile people up about how the FBI has officially blamed North Korea for the Sony hack which led to the company canceling its scheduled release of the upcoming Seth Rogan movie “The Interview,” ostensibly to avoid terror attacks at theaters.
Amid the twinkling of the Christmas lights and the shimmering glow emanating from the garland strung over the light posts across America, the captured corporate media is busily reassuring people that our economy is getting stronger, our country is moving forward in all important areas, and overall, the United States is better off today than at any other time in the recent past. Lies – all.
The lies are strong enough, large enough, and repeated often enough to convince the majority of a mind-numbed public that what they are seeing strung across the lampposts and Christmas trees in city squares is traditional holiday garland. Aided by normalcy bias, greed, and other psychological controls implemented at the hands of the global elite, most walk past the fully adorned Christmas trees at Rockefeller Center in New York and numerous city parks in the U.S., seeing garland hanging from the trees, exactly like they’ve been told. Having choosen to ignore the cries of the watchmen or having become fully entranced in the lie, what they’ve been convinced is the holiday decoration is neither decorative nor whimsical, but dull and taut. For what adorns the trees is not garland at all, but the thick and deadly rope hanging like swags, ignored by the masses while taunting the informed. Few see that at the end of each strand of rope is a hangman’s noose, ritualistically coiled thirteen times and awaiting the victims of the illusion. Join Steve Quayle and Greg Evensen as they unravel the coil of the hangman’s noose.
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